Bloomberg Daybreak

Municipal bond asset managers are finding opportunities in the rout that tore through markets this month, with cheaper valuations and the highest yields in years drawing investors.

Bill Ackman, CEO and founder of Pershing Square joins Dani Burger on "Bloomberg Deals." They discuss the recovery of Ackman's daughter after she suffered a brain hemorrhage. (Source: Bloomberg)

Hertz Global Holdings Inc., the car rental company, is working with adviser PJT Partners to extend the maturities of its debt, some of which will come due in two months, according to people familiar with the matter.

Kristin Kallergis Rowland, global head of alternative investments at JPMorgan Private Bank, joins Dani Burger on "Bloomberg Deals." Kristin Kallergis Rowland explains how an investor ends up being on both the bull and bear side of AI. (Source: Bloomberg)

A pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane in what Israeli Prime Minister Benjamin Netanyahu branded a serious security incident. Catastrophe was narrowly avoided after a passenger and members of crew stormed the cockpit of the FlyDubai plane that had taken off in Dubai and managed to stabilize the jet, after it plunged more than 14,000 feet (4,300 meters) in less than 30 seconds at almost the speed of sound. (Source: Bloomberg)

The US has formally concluded Operation Inherent Resolve in Iraq with the departure of coalition forces and equipment, according to a Pentagon statement. Lt. General Karen Gibson (Retired), Former-Deputy Director of National Intelligence joined to discuss this as well as the latest in the Middle East. (Source: Bloomberg)

A New York Times investigation found that DraftKings Inc. built a machine-learning model that scored customers by how much they would lose for each free bet or bonus they received. The model raised concerns that the company was targeting problem gamblers, with a data analyst saying "the best investment would be a problem gambler" due to financial logic. Bloomberg News Opinion Contributor and Lecturer at Yale School of Management, Gautam Mukunda argues regulations against predatory capitalism could protect good companies and steer entrepreneurs' talents in socially beneficial directions. (Source: Bloomberg)

California and the US West are facing a burst of summer-like heat in early October, boosting electricity demand and raising the risk of wildfires.

Jan Vesely, partner, head of AI infrastructure and transition infrastructure at EQT, Tenzin Seldon, founder & managing partner at Pulse Fund, and Vinay Shandal, global head of sustainable investing at BCG, join Dani Burger on "Bloomberg Deals." They discuss the climate investing and how data center companies must present solutions for higher energy and water costs. (Source: Bloomberg)

Senator Ted Budd, Republican from North Carolina, joined Balance of Power to discuss the Senate's last day in session before midterms. He also discussed recent news from the Fed and how the US must stay ahead of China when it comes to AI. (Source: Bloomberg)

Bloomberg's Anthony Hughes joins Dani Burger on "Bloomberg Deals." Some investors approached about potentially buying shares in Oura’s now-delayed IPO decided not to go forward because of concerns including the health and fitness ring-maker company’s target valuation, according to people familiar with the matter. (Source: Bloomberg)

A runaway rally in shares of Ford Motor Co. has evaporated due to the growing economic pressure on US automakers and fading hopes that the company will reap a windfall from the AI boom.

An equal-weight version of the S&P 500 Index is on track for a seventh consecutive down week. If the weakness lingers through Friday, it would be just the third time the measure has declined for seven weeks in a row ever.

New Zealand’s home prices dropped to the lowest in more than five and a half years in September, prolonging a slump that began in early 2022 and clouding the outlook for domestic demand as a driver of economic recovery.

State and local debt prices rallied across the curve with ten-year municipal bonds posting their biggest gain in more than a year after a nearly two-week selloff.

UnitedHealth Group Inc. must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled.

A trader convicted of insider dealing was arrested in Dubai on Wednesday after French authorities issued an arrest warrant to force him to serve a three year jail sentence, according to a government official.

Pershing Square founder and CEO Bill Ackman discusses his plans for Howard Hughes, the state of the IPO market and his views on AI and Anthropic. Speaking with Dani Burger on "Bloomberg Deals," Ackman also comments on his daughter's illness, which inspired him to invest in a new medical institute. (Source: Bloomberg)

Marshall Wace, a UK hedge fund firm, said that Citadel was demanding too much information as part of an ongoing legal battle over the British company’s recruitment of a former Citadel portfolio manager as its global credit head.

The flight narrowly avoided catastrophe after one of the pilots attacked their colleague, forcing the plane into a steep plunge and an emergency landing in Saudi Arabia. (Source: Bloomberg)