Funding & Business
Top South African Court Dismisses Lungu Family’s Burial Appeal
South Africa’s top court dismissed a request by the family of former Zambian President Edgar Lungu to overturn a lower court’s decision that he should be buried in his home country.
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Funding & Business
Summers on Trump vs Fed, US Jobs Data Battle, Australia’s Gold Rush 2.0, India’s Risk Balance
This week, former US Treasury Secretary Lawrence H. Summers comments on why the markets have been slow to react to President Donald Trump’s efforts to fire Fed Governor Lisa Cook and further change the composition of the FOMC. And, concerns about BLS politicization are growing – what is the real problem behind the jobs numbers? Plus, gold prices near record highs are fueling a mining boom in Australia. Later, India is opening its markets to investors, but can regulators strike the right balance between risk and stability? (Source: Bloomberg)
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Mark Douglas, MNTN CEO, says Apple has little choice but to develop an AI-powered web search tool for Siri to rival OpenAI. He tells Romaine Bostick and Katie Greifeld on “The Close” that Apple doesn’t have a strong track record on execution. (Source: Bloomberg)
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Justin Nedelman, Pressed Juicery CEO, says the company tested its wellness smoothie at Costco before going national and saw strong results. He tells Romaine Bostick and Katie Greifeld on “The Close” that because the company produces everything in California, it can control distribution quality. He emphasized that Pressed remains an accessible wellness brand, not a luxury brand. (Source: Bloomberg)
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