A divided US Supreme Court let President Donald Trump resume dismantling the Department of Education, lifting a lower court order that required the reinstatement of as many as 1,400 workers.

Granting an emergency request from the administration, the justices put on hold a federal district court ruling that said the Trump purge would leave the department unable to perform duties required under US law. The Supreme Court order will apply while the case continues on appeal.

Bloomberg News Supreme Court reporter Greg Stohr breaks down the High Court's decision with Tim Stenovec and Norah Mulinda on Bloomberg Businessweek Daily. 

A divided US Supreme Court let President Donald Trump resume dismantling the Department of Education, lifting a lower court order that required the reinstatement of as many as 1,400 workers.
Granting an emergency request from the administration, the justices put on hold a federal district court ruling that said the Trump purge would leave the department unable to perform duties required under US law. The Supreme Court order will apply while the case continues on appeal.
Bloomberg News Supreme Court reporter Greg Stohr breaks down the High Court's decision with Tim Stenovec and Norah Mulinda on Bloomberg Businessweek Daily.&nbsp;

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

ICYMI: Supreme Court Lets Trump Continue Education Department Purge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4747b2c3-4664-4475-a47d-b31a01551985/transcript

Regenerative Social Finance (RSF) is an impact-first financial services organization. They offer investment notes, donor-advised funds, and loans to mission-driven organizations to mobilize money to have a positive social and environmental impact. They have invested in healthier food systems, whole-child education, cleaner climates, stronger communities, and more.

Kathleen Paylor is Vice President of Impact Investing and Philanthropy at Regenerative Social Finance (RSF), where she works with investors to align financial returns with measurable social and environmental impact. She speaks on how women and high-net-worth investors increasingly rethinking how they allocate capital

Regenerative Social Finance (RSF) is an impact-first financial services organization. They offer investment notes, donor-advised funds, and loans to mission-driven organizations to mobilize money to have a positive social and environmental impact. They have invested in healthier food systems, whole-child education, cleaner climates, stronger communities, and more. Kathleen Paylor is Vice President of Impact Investing and Philanthropy at Regenerative Social Finance (RSF), where she works with investors to align financial returns with measurable social and environmental impact. She speaks on how women and high-net-worth investors increasingly rethinking how they allocate capital

How High-Net-Worth Investors are Approaching Capital Allocation

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/36eec756-52fc-404d-a78d-b410015982cc/transcript

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Iran has stepped up attacks on Saudi Arabia in recent days, signaling it’s targeting the oil-rich kingdom more aggressively than earlier in the war.

Tehran launched almost 100 drones at Saudi Arabia on Monday, far above the previous daily average of less than 25, according to data released by the Saudi defense ministry. The barrage marked the largest single-day strike on the country since the war began.

The surge started last week and has since intensified, with attacks increasingly concentrated on the kingdom’s eastern province, home to major oil infrastructure. The escalation underscores Iran’s ability to destabilize the wider Gulf, threatening shipping lanes — particularly the vital Strait of Hormuz — and energy facilities.

Iran is relying more heavily on drones than missiles as the conflict drags on. Drones typically carry smaller payloads than ballistic or cruise missiles and tend to cause less destruction, though they can still inflict significant damage depending on the target. Their relatively low cost and ability to be launched in large numbers make them a persistent challenge for air-defense systems.

Launches have declined since the start of the war, but that doesn’t mean Tehran is running short of weapons. Despite US and Israeli strikes on stockpiles, launchers and drone factories, Iran remains able to sustain attacks.

Today's show features:
Dan Williams, Reporter for Bloomberg News Based in Jerusalem and Alex Vatanka, Middle East Institute Senior Fellow
Ellen Wald, Transversal Consulting & Atlantic Council Senior Fellow on Oil Markets
Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, on recent Nvidia news
Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs on the latest in oil and natural gas

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Iran has stepped up attacks on Saudi Arabia in recent days, signaling it&rsquo;s targeting the oil-rich kingdom more aggressively than earlier in the war. Tehran launched almost 100 drones at Saudi Arabia on Monday, far above the previous daily average of less than 25, according to data released by the Saudi defense ministry. The barrage marked the largest single-day strike on the country since the war began. The surge started last week and has since intensified, with attacks increasingly concentrated on the kingdom&rsquo;s eastern province, home to major oil infrastructure.&nbsp;The escalation underscores Iran&rsquo;s ability to destabilize the wider Gulf, threatening shipping lanes &mdash; particularly the vital Strait of Hormuz &mdash; and energy facilities. Iran is relying more heavily on drones than missiles as the conflict drags on. Drones typically carry smaller payloads than ballistic or cruise missiles and tend to cause less destruction, though they can still inflict significant damage depending on the target. Their relatively low cost and ability to be launched in large numbers make them a persistent challenge for air-defense systems. Launches have declined since the start of the war, but that doesn&rsquo;t mean Tehran is running short of weapons. Despite US and Israeli strikes on stockpiles, launchers and drone factories, Iran remains able to sustain attacks. Today's show features:
<ul>
<li>Dan Williams, Reporter for Bloomberg News Based in Jerusalem and Alex Vatanka, Middle East Institute Senior Fellow</li>
<li>Ellen Wald, Transversal Consulting &amp; Atlantic Council Senior Fellow on Oil Markets</li>
<li>Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, on recent Nvidia news</li>
<li>Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs on the latest in oil and natural gas</li>
</ul>

Israel Says Strike Killed Iran’s Larijani as War Intensifies

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d613e9da-7801-4772-a3c6-b410015588b0/transcript

Oura said it is acquiring Helsinki-based Doublepoint Technologies Oy, which specializes in technology that allows users to control wearable devices with small hand movements using a combination of artificial intelligence and biometric data. The purchase will guide future versions of Oura’s smart rings, where hand gestures could play a central role to the experience, along with possibly voice control. 

Holly Shelton, Oura Chief Product Officer, speaks on why most health technology was not designed with women’s bodies in mind and why is it so important to build health products specifically for women?

Oura said it is acquiring Helsinki-based Doublepoint Technologies Oy, which specializes in technology that allows users to control wearable devices with small hand movements using a combination of artificial intelligence and biometric data. The purchase will guide future versions of Oura&rsquo;s smart rings, where hand gestures could play a central role to the experience, along with possibly voice control.&nbsp; Holly Shelton, Oura Chief Product Officer, speaks on why most health technology was not designed with women&rsquo;s bodies in mind and why is it so important to build health products specifically for women?

Wearables for Women

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c69dc9b1-61bb-4677-a432-b40f0150d888/transcript

ICYMI: Supreme Court Lets Trump Continue Education Department Purge

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