Volvo shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor cost-saving program. The results suggest that a restructuring started by Chief Executive Officer Hakan Samuelsson is making an impact, with the CEO pushing to rebuild Volvo’s profitability with the efficiency program. He speaks with Bloomberg's Lizzy Burden

Volvo shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor cost-saving program.&nbsp;The results suggest that a restructuring started by Chief Executive Officer Hakan Samuelsson is making an impact, with the CEO pushing to rebuild Volvo&rsquo;s profitability with the efficiency program. He speaks with Bloomberg's Lizzy Burden

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Volvo CEO Hakan Samuelsson Talks Earnings

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Vanguard Group has agreed to buy digital wealth platform Altruist, marking a strategic shift from its traditional organic growth approach to expanding its wealth management capabilities through acquisition. The deal follows Altruist’s notable impact earlier this year when it introduced a tax strategy tool that caused a sell-off in wealth management stocks. In an exclusive interview with Bloomberg’s Dani Burger, Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk discussed the significance of the transaction and Vanguard’s commitment to enhancing its digital wealth offerings.

Vanguard Group has agreed to buy digital wealth platform Altruist, marking a strategic shift from its traditional organic growth approach to expanding its wealth management capabilities through acquisition. The deal follows Altruist&rsquo;s notable impact earlier this year when it introduced a tax strategy tool that caused a sell-off in wealth management stocks. In an exclusive interview with Bloomberg&rsquo;s Dani Burger, Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk discussed the significance of the transaction and Vanguard&rsquo;s commitment to enhancing its digital wealth offerings.

Vanguard & Altruist CEOs Talk Wealth Platform Deal, Prediction Markets

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US Senator Ted Cruz, a Texas Republican, discusses US-Canadian trade tensions, the backlash against data center development and the legacy of Supreme Court Justice Clarence Thomas on "Balance of Power: Evening Edition." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

US Senator Ted Cruz, a Texas Republican, discusses US-Canadian trade tensions, the backlash against data center development and the legacy of Supreme Court Justice Clarence Thomas on "Balance of Power: Evening Edition." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

Texas Senator Ted Cruz Talks Canada Trade

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Abby Joseph Cohen, Columbia Business School professor and former partner at Goldman Sachs, says recent consumer spending patterns are signaling issues with the US economy. Speaking on "Bloomberg The Close," she also warns AI investing may not be sustainable and previews the Jackson Hole Federal Reserve meeting. She talks to Bloomberg's Romaine Bostick.

Abby Joseph Cohen, Columbia Business School professor and former partner at Goldman Sachs, says recent consumer spending patterns are signaling issues with the US economy. Speaking on "Bloomberg The Close," she also warns AI investing may not be sustainable and previews the Jackson Hole Federal Reserve meeting. She talks to Bloomberg's Romaine Bostick.

Columbia Business School Professor Abby Joseph Cohen Talks Consumer Data

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8558709f-ba8b-42ac-8810-b4b10175be27/transcript

Volvo CEO Hakan Samuelsson Talks Earnings

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