Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision 

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. 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 cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<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

Instant Reaction: Jay Powell on Fed Policy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1d632213-6b6e-4748-92de-b108015ed60c/transcript

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

Brent oil advanced to the highest since late July due to strikes on Middle East energy infrastructure, stoking fears of fresh supply tightness. The global benchmark edged up to settle close to $98 a barrel after reported explosions at Iran's vital export hub Kharg Island. Markets are increasingly pricing a prolonged Mideast conflict, with Goldman Sachs Group Inc. analysts modestly raising the bank's oil-price estimates on the assumption that shipping disruptions will persist.

On this episode, Carol Massar and Tim Stenovec speak with:
Mia Gindis, Bloomberg News Oil Markets Reporter
Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech on Apple’s $2,000-Plus Foldable iPhone Was a Decade in the Making
Marc Champion, Bloomberg Opinion International Affairs Columnist on America’s Iran War Forgot About Nukes
Jared Dillian, Editor & Founder of 'The Daily Dirtnap' on new book 'THE AWESOME PORTFOLIO: A Simple, Stress-Free Approach to Investing'

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>. Brent oil advanced to the highest since late July due to strikes on Middle East energy infrastructure, stoking fears of fresh supply tightness. The global benchmark edged up to settle close to $98 a barrel after reported explosions at Iran's vital export hub Kharg Island. Markets are increasingly pricing a prolonged Mideast conflict, with Goldman Sachs Group Inc. analysts modestly raising the bank's oil-price estimates on the assumption that shipping disruptions will persist. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Mia Gindis, Bloomberg News Oil Markets Reporter</li>
<li>Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech on Apple&rsquo;s $2,000-Plus Foldable iPhone Was a Decade in the Making</li>
<li>Marc Champion, Bloomberg Opinion International Affairs Columnist on America&rsquo;s Iran War Forgot About Nukes</li>
<li>Jared Dillian, Editor &amp; Founder of 'The Daily Dirtnap' on new book 'THE AWESOME PORTFOLIO: A Simple, Stress-Free Approach to Investing'</li>
</ul>

Oil to Extend Gains as Iran Disruptions Drag On

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8d6335d2-ba98-41f8-abd6-b4bf0155ddb9/transcript

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

Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O’Neill will face when she takes over the top job next week. The weak results and slashed guidance suggest that O’Neill’s task will be a difficult one as she looks to pull the company back from an extended slowdown and missteps that sparked a management reset. A former Nike Inc. executive, O’Neill is scheduled to take the reins on Tuesday, more than four months after being named to the role.

The results are “bad all around” said Bloomberg Intelligence senior analyst Poonam Goyal, who doesn’t see the company’s performance improving anytime soon. “Even with Heidi joining next week, the issue is product innovation — and that fix doesn’t happen overnight,” Goyal said. Guest hosts Christina Ruffini and Lisa Mateo speak with Goyal for more. 

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>.
Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O&rsquo;Neill will face when she takes over the top job next week. The weak results and slashed guidance suggest that O&rsquo;Neill&rsquo;s task will be a difficult one as she looks to pull the company back from an extended slowdown and missteps that sparked a management reset. A former Nike Inc. executive, O&rsquo;Neill is scheduled to take the reins on Tuesday, more than four months after being named to the role.
The results are &ldquo;bad all around&rdquo; said Bloomberg Intelligence senior analyst Poonam Goyal, who doesn&rsquo;t see the company&rsquo;s performance improving anytime soon. &ldquo;Even with Heidi joining next week, the issue is product innovation &mdash; and that fix doesn&rsquo;t happen overnight,&rdquo; Goyal said. Guest hosts Christina Ruffini and Lisa Mateo speak with Goyal for more.&nbsp;

Lululemon Drops to Eight-Year Low With New CEO Inheriting a Mess

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f61d2253-4b89-489e-8d6a-b4bb017c292c/transcript

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

Maggie Timoney, Heineken USA CEO, joins Businessweek Daily live from the grounds of the US Open to discuss the company's longstanding partnership with the USTA. At this years' tournament, Heineken announced Serena Williams as the drink makers first ever Heineken 0.0 Global Ambassador.

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>.
Maggie Timoney, Heineken USA CEO, joins Businessweek Daily live from the grounds of the US Open to discuss the company's longstanding partnership with the USTA. At this years' tournament, Heineken announced Serena Williams as the drink makers first ever Heineken 0.0 Global Ambassador.

Heineken Makes Long-Term Bet on Non-Alcoholic Beer

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a3e551f6-35a2-435c-89c8-b4bb017b51ec/transcript

Instant Reaction: Jay Powell on Fed Policy

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