Bloomberg: Bloomberg Markets
4/15/2024 2:50pm
... start despite over the last five years. i know for us, our cyber insurance has increased and most fortune 500 companies, their cyber insurance has increased significantly. i think what has happened in baltimore, what has happened in ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:44am
... long road ahead for you and your state and an ongoing conversation hopefully we can talk to you again in the future. thank you. the governor of maryland, difficult conversation after that baltimore bridge collapsed. it's important to ask i'm not ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:43am
... roll-on rolloff the port of baltimore relies on and by the end of may we should have the port fully functioning i would've said when you look at the damage and devastation we saw i would say that seems very ambitious but that's where we are. so we know this is going to be a ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:42am
... operations to reopen the port to get things back up and running where it maryland and baltimore can withstand that versus after that word becomes a real financial weight that has much more punitive consequences? annmarie: -- gov. moore: it's a financial ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:41am
... the port of baltimore they've committed to bringing them back to the port of baltimore. so we know it's important to use every single lever at our disposal and every sector, private sector, public sector, philanthropy have to be involved and at the table for us to get ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:41am
... baltimore strong alliance which is over 80 organizations private sector, businesses and philanthropy we raise $50 million going towards port workers and also for businesses to do things like not letting off their workers. they have to move operations in ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:39am
... from senator cruz. i would welcome him to come to baltimore to see the circumstances and the situation we are dealing with and i'm sure if he came he would see there are members of the biden administration who have been there the whole time. ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:38am
... of baltimore up and going in the same kind of fashion it was before getting that bridge rebuilt is going to be imperative and we know that will be a longer timeline we are committed to making sure we get the key bridge rebuilt. i know that's why you will be in washington today speaking to ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:37am
... went to school. it was also a key and crucial part of port operations because for the port of baltimore it's not just maritime operations it's also truck operations. in order to truly get the port ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:35am
... new cars, for heavy trucks, for agricultural equipment. for coal the huge chunk of the american economy relies on the port of baltimore and so i am thankful the president has led ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:35am
... imperative that we can get it. if you look at the economic impact the port of baltimore is worthy and contributes about $70 billion to the american economy. the port of baltimore is the largest port in this country for ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:34am
... president biden saying the federal government will pay for the recovery and rebuild. the governor saying he hopes to restore full service in baltimore. police -- joining us is the governor wes moore. i know it's been a difficult month for you and the people of your state. ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:27am
... next, baltimore hoping to have its port fully restored by the end of me. marilyn governor wes moore joins us next. from new york city, this is bloomberg. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they ...
Bloomberg: Bloomberg Surveillance
4/11/2024 11:05am
... the dollar stronger against the euro. coming up, kelly on the risk of higher inflation. maryland governor wes moore on rebuild efforts in baltimore. and ian lyngan. ...
Bloomberg: Bloomberg Daybreak Europe
4/10/2024 5:54am
... jacksonville, to minimize the delay to the customer. that is the current outlook and we look forward to coming back to port of baltimore when the operation is back on track. ...
Bloomberg: Bloomberg Daybreak Europe
4/10/2024 5:54am
... shortages and exports from china. the ceo said the charges have grown after the baltimore bridge collapse. at the moment, uh -- our team has been working with baltimore ...
Bloomberg: Bloomberg Daybreak Asia
4/10/2024 0:51am
... jacksonville to minimize the delay to the customer. that is the current outlook and we will come back to the port of baltimore when operation is back on track. that is dealing with the ...
Bloomberg: Bloomberg Daybreak Asia
4/10/2024 0:51am
... team has been closely working with the port of baltimore and concerned entities to find out ports nearby for inbound investors. and also working for alternative ports. we have on the east coast ...
Bloomberg: Bloomberg Daybreak Asia
4/10/2024 0:50am
... master's ceo says the carmaker is watching issues caused by battery issues and increasing exports from china. masa hero told us that that began after the baltimore bridge collapse. at the moment, our operation ...
Bloomberg: Bloomberg Markets
4/5/2024 2:34pm
... action there is in doing that? is it apples to apples ship coal or cars or whatever else from norfolk or newark instead of baltimore? what does the process entail? craig: the good news about this ...
Bloomberg: Bloomberg Markets
4/5/2024 2:33pm
... vehicles coming from europe, etc. is there enough storage capacity at other ports to handle those diverted car carrier ships? craig: baltimore was the fifth largest importer of autos, imported autos. ...
Bloomberg: Bloomberg Markets
4/5/2024 2:32pm
... craig: it is an interesting question. 28% of all coal exports out of the united states have gone through baltimore. one of the things that happens to supply chains is that we have a lot of resources to move it. ...
Bloomberg: Bloomberg Markets
4/5/2024 2:32pm
... known for vehicle and coal. baltimore is the second largest port for coal exports. northlake is the largest. it should theoretically benefit from this rerouted volume. does norfolk have the capacity to handle all of it? ...
Bloomberg: Bloomberg Markets
4/5/2024 2:32pm
... in the way. that will be priority number one and that is what they will try to do. they won't be able to remove all of the debris. i think they are trying to open a pathway to allow ships to pass. katie: the port of baltimore is ...
Bloomberg: Bloomberg Markets
4/5/2024 2:31pm
... baltimore could be opened by the end of may. when you think of the magnitude of the cleanup, does that seem like a realistic timetable? craig: i think it is an impressive timetable considering concerns of how long this takes. i think there's a lot of ...
Bloomberg: Bloomberg Markets
4/5/2024 2:31pm
... biden, and baltimore this afternoon as he surveys damage from the wreckage of the francis scott key bridge. the visit comes one day after the u.s. army says that they hope to have the port fully reopened by the end of next month. ...
Bloomberg: Bloomberg Markets
4/5/2024 2:26pm
... the ceo cited high inflation and increasing theft as reasons for the liquidation. you can follow the latest company buzz on your bloomberg terminal. coming up next, president biden will visit baltimore today to survey recovery efforts after ...
Bloomberg: Bloomberg Markets
4/5/2024 2:01pm
... the u.s. army saying the port of baltimore might reopen by the end of may with president biden scheduled to visit the city today. we will get insight from craig fuller. ...
Bloomberg: Bloomberg Markets
4/5/2024 2:00pm
... first fed cut and yields spike in response. stocks are trying to shave off a surprise plunge in yesterday's close, but mega cap wobbles have investors asking, what's next? we will discuss. checking in on baltimore come ...
Bloomberg: Bloomberg Surveillance
4/4/2024 10:50am
... out there. most recently with potential supply issues given the baltimore bridge collapsed and the taiwan earthquake. and of course all of the wars in the middle east and haiti. ...
Bloomberg: Bloomberg Daybreak Europe
4/4/2024 5:14am
... an hour after, we will get u.s. initial jobless claims. we will watch out for how many people were laid off as a result of the baltimore bridge collapse, of course. that will tee us up for the main data event of the week, the u.s. jobs report from march that comes out tomorrow. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:37pm
... baltimore, from a dry bulk standpoint about 25 million tons. some of that can be diverted and taken from hampton roads. railed down and put on ships. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:36pm
... the industry applications and about applications to baltimore as well. what about to the commodity markets? we are talking about critical commodities like iron ore, coal, grain. what is most impacted with a lot of these diversions? john: it's interesting. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:34pm
... the over 200 million tons india imported last year, it is not that large. our expectation, and it is tough to tell right now but hopefully in the next few weeks there will be deeper channels that are established in baltimore. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:33pm
... did not have any ships in the immediate area. we have from time to time because baltimore is a large cold port on the east coast of the united states. what we have done is continued shipping globally. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:32pm
... the port of baltimore. we are looking at in purple at bulk carriers. 82. this does include the bridge collapsed on march 26. down but not the lowest over the last year to date. dry cargo, passengers, 46. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:31pm
... affected and either a positive way in terms of ships going directly they are or may be negative if they have to go to the port of baltimore first and then go to these ports. interesting to keep track and an eye on the data. the type of ships that go into ...
Bloomberg: Bloomberg Markets
4/3/2024 2:31pm
... financials of these companies very much at all. relative to the ports this is some interesting data here. these are the ports that ships go to after they go to the port of baltimore. norfolk, virginia, the biggest ...
Bloomberg: Bloomberg Markets
4/3/2024 2:30pm
... coast are racing to absorb the cargo diverted from the baltimore harbor after last week's collapse of the francis scott key bridge. debris from the bridge is starting to get cleared but the aftermath is likely to be long and severe. we are joined by abigail ...
Bloomberg: Bloomberg Markets
4/3/2024 2:27pm
... bridge collapse in baltimore. we will look at the trading president and scenario. he joins us next. this is bloomberg. ...
Bloomberg: Bloomberg Markets
4/3/2024 2:00pm
... drifting higher. and the baltimore key bridge cleaner. we will talk with the ceo about the weight of the destruction. in new york and welcome to 'bloomberg markets.' let's get a look at the markets ...
Bloomberg: Bloomberg Surveillance
4/3/2024 11:10am
... new ownership of the baltimore orioles? i was there opening day and bought a round of drinks for everybody. jonathan: thank you. it's good to see you. and mike as well. ...
Bloomberg: Bloomberg Markets Asia
4/3/2024 3:37am
... seroka at the port of los angeles, the busiest container port in north america. talk to us about the impact of that baltimore bridge collapse. haslinda: number one, our ...
Bloomberg: Bloomberg Markets Asia
4/3/2024 3:37am
... and now to the bridge collapsed that close the port of baltimore , experts believe it is unlikely to trigger anyone. let's discuss this with you gene ...
Bloomberg: Bloomberg Markets Asia
4/3/2024 3:09am
... discusses the baltimore bridge collapse. join us, inside credits -- why the yen is effected to consolidate near recent lows. and when they see the line in the sand for intervention. ...
Bloomberg: Bloomberg Surveillance
4/2/2024 12:34pm
... starting to see that breakout continue. brent crude, 88.59. our next story, president biden will visit baltimore on friday to survey the collapse francis scott key bridge. currently only a small shipping ...
Bloomberg: Bloomberg Daybreak Europe
4/2/2024 5:41am
... baltimore is seeking to limit its liability to $44 million. in a joint petition, grace ocean says the collapse was not due to any fault or neglect, so it shouldn't be held liable. the disaster killed six people ...
Bloomberg: Bloomberg Markets
4/1/2024 2:46pm
... important the port of baltimore is in some would say it's the 17th largest port in the u.s. but others point out that if you look at the auto industry, it relies on this port. walk us through the ripple effect and how that varies industry to industry. you are obviously going to ...
Bloomberg: Bloomberg Markets
4/1/2024 2:46pm
... i would have envisioned the baltimore port in a situation like this coming up much faster. it is that critical backbone. what we are seeing is that the supply chain shocks are much more endemic. ...
Bloomberg: Bloomberg Markets
4/1/2024 2:45pm
... we thought. second, we are seeing continuing operations being impacted for longer than we thought. when i envisioned the baltimore port, it's 4% of the united states maritime logistics. ...
Bloomberg: Bloomberg Markets
4/1/2024 2:45pm
... stories around. thanks for being back with us. we've had a few days now to observe as much as we could and the shock of what happened in the baltimore harbor but what do we know now that we didn't know when it first happened? one of the things that came ...
Bloomberg: Bloomberg Markets
4/1/2024 2:44pm
... us at 2:30 p.m. new york time. this is bloomberg. katie: it's time for our daily wall street week segment. ports along the east coast or modifying operations to absorb cargo diverted from the baltimore harbor. ...
Bloomberg: Bloomberg Surveillance
4/1/2024 12:42pm
... shocks like in baltimore. these in the past might not have as much of a consequence. add that to other issues, we have structural inflation with ...
Bloomberg: Bloomberg Surveillance
4/1/2024 12:12pm
... operations to absorb cargo diverted from baltimore harbor. the fallout is expected to be contained as neighboring facilities with spare capacities tweak their schedules. ...
Bloomberg: Bloomberg Surveillance
4/1/2024 12:12pm
... here is your bloomberg brief. yahaira: a massive salvaging effort is underway with crews clearing debris from the destroyed francis scott key bridge in baltimore. this as ports along the u.s. east coast are moderating their ...
Bloomberg: Bloomberg Surveillance
4/1/2024 11:19am
... the work is already getting underway. jonathan: the latest this morning, establishing a temporary channel to access the port of baltimore as other ports scramble to modify operations. ...
Bloomberg: Bloomberg Surveillance
4/1/2024 11:19am
... under surveillance this morning. racing to reopen the port of baltimore. that is the only way to get into most of the port of baltimore. it is important to our national supply chains to get that port back up and running. ...
Bloomberg: Bloomberg Surveillance
4/1/2024 11:16am
... reopen the pulte -- port of baltimore. that is the main way to get into the port of baltimore. it is important to get that port back up and running as quickly ...
Bloomberg: Bloomberg Surveillance
4/1/2024 11:16am
... since the president swept to power. specialists are starting the daunting task of clearing debris from the francis scott key bridge. they are modifying their operations to divert cargo from baltimore harger -- harbor. _ ...
Bloomberg: Bloomberg Surveillance
4/1/2024 10:12am
... bridge in baltimore. ports are modifying their operations to absorb. the fallout is expected to be largely contained as neighboring his lips with spare capacity tweak their schedules. turkish president erdogan ...
Bloomberg: Leaders with Lacqua
4/1/2024 6:01am
... are absorbing cargo from the baltimore harbor. new jersey is allowing quick access for transport in virginia is opening its gates earlier to accommodate truckers. ...
Bloomberg: Bloomberg Markets
3/28/2024 2:30pm
... katie: rebuilding the collapsed francis scott key bridge in baltimore is thought to cost over $2 billion. here to talk more about what it will take to repair the port is albert manifold who is the crh ...
Bloomberg: Bloomberg Markets
3/28/2024 2:27pm
... laws. you can follow all the latest company buys on your bloomberg terminal. coming up, rebuilding the baltimore port. we will be speaking to the cih. ...
Bloomberg: Bloomberg Markets
3/28/2024 2:26pm
... billion-dollar hit because of the baltimore bridge collapsed. they will temporarily move baltimore operations to virginia. estee lauder getting a glow up after an upgrade. raising the recommendation on the personal-care giant saying that earnings have bottomed. ...
Bloomberg: Bloomberg Markets
3/28/2024 2:00pm
... quarter. mental him is a powerful force. rebuilding the baltimore bridge. the total cost will be at least $2 billion. america's largest building materials company joins us to discuss, and awaiting ...
Bloomberg: Bloomberg Surveillance
3/28/2024 12:44pm
... thank you, mike. here is your bloomberg brief. yahaira: a salvage firm is heading to the port of baltimore to recover the container ship dolly and the perhaps -- collapsed francis scott key bridge. ...
Bloomberg: Bloomberg Surveillance
3/28/2024 11:37am
... handle, say, a two hour delay because you have to go a different route around baltimore , disasters if traveling with kids, but you have to manage it time. oscar: in the past, more than ...
Bloomberg: Bloomberg Surveillance
3/28/2024 11:34am
... ship. according to analysts, one detail that is unknown is how long it will take to reopen the baltimore port and how it could affect supply chains on the eastern seaboard. joining us around the table for insight, the ceo of the dhl supply chain, oscar de bok. ...
Bloomberg: Bloomberg Surveillance
3/28/2024 11:34am
... with international trade details are emerging on the scale of the rebuild after the collapse of the francis scott key in baltimore. could cause $2 billion, insurance facing claims of $3 billion for the cargo on the ...
Bloomberg: Bloomberg Surveillance
3/28/2024 10:32am
... yesterday and they just talked about it. a salvage firm is headed to the port of baltimore to remain -- to collect the -- there is no, _ ...
Bloomberg: Bloomberg Surveillance
3/28/2024 10:15am
... rubenstein as the new controlling owner of the baltimore orioles. the franchise has been valued at -- with the owner of the carlyle group taking a 40% stake with any option to buy the rest of the team when peter angelos died. ...
Bloomberg: Bloomberg Daybreak Europe
3/28/2024 6:57am
... we will be speaking to the ceo of the lloyd's in london and what is happening in terms of baltimore will be a key question and the ceo of whiz air. this is bloomberg. ...
Bloomberg: Bloomberg Daybreak Europe
3/28/2024 6:24am
... customers to see how we could recoup those containers. looking beyond the directly impacted ship there were no container ship stuck in the harbor in baltimore and incoming ships are being rerouted, so the biggest impact that is currently ...
Bloomberg: Bloomberg Daybreak Europe
3/28/2024 6:23am
... we will talk to about interest rates and when you get your views on what is happening in the red sea and in terms of how supply chains and trade over testing, but i want to start on the baltimore question and what you when the team are seeing in terms of the broader impacts. ...
Bloomberg: Bloomberg Daybreak Europe
3/28/2024 6:23am
... baltimore collapsed in a matter of seconds, but the consequences of a container ship crashing into the bridge are said to last for weeks. another wrinkle to global trade exposing the fragile nature of ...
Bloomberg: Bloomberg Daybreak Europe
3/28/2024 6:20am
... had of netflix. tom: a significant potential deal in the media space. thank you for bringing us the details. the consequences of the baltimore bridge club sent to rome discuss global supply chain ...
Bloomberg: Bloomberg Markets
3/27/2024 4:17pm
... scale katie: matters here. and i'm curious if the impact will be disproportionately impacted by specific sectors. you bring up autos and a lot of automakers use that port of baltimore specifically. the scale there matters much ...
Bloomberg: Bloomberg Markets
3/27/2024 4:15pm
... overall east coast imports. it is not a big share. a lot of it could be rerouted such as auto imports and that could be rerouted to savannah or newark. that is where the ships stopped before going to baltimore. ...
Bloomberg: Bloomberg Markets
3/27/2024 4:14pm
... that can be rerouted even though it will cause a lot of congestion on other routes. i think you need to look at how big of a share that is. the imports of baltimore from the port of baltimore is 3% of ...
Bloomberg: Bloomberg Markets
3/27/2024 4:13pm
... timelines. how long the port of baltimore is shut down. how are you thinking about the potential economic impact from a more prolonged shutdown? the loss of life is always a tragedy and those things when ...
Bloomberg: Bloomberg Markets
3/27/2024 4:13pm
... commuter bridge in baltimore sending more pressure to supply chains already strained and the economic impact could last for months. joining us with more is a senior u.s. economist at bnp paribas. a lot of this comes down to ...
Bloomberg: Bloomberg Markets
3/27/2024 4:10pm
... solution. what's talk about your specialty and that is will products. what is happening there? alix: there is not a lot of fuel imported in terms of gasoline into baltimore but there is some . we heard from colonial pipeline ...
Bloomberg: Bloomberg Markets
3/27/2024 4:09pm
... there is the capacity there but it cannot make up all that capacity. it is able to do to million tons. it cannot do the 2.5 million tons from baltimore. you may reroute it but that might cause something. you barge it somewhere else? ...
Bloomberg: Bloomberg Markets
3/27/2024 4:07pm
... my left. let's start with coal because a lot of coal passes through the port of baltimore. alix: the u.s. exports about 74 million tons of coal last year. on a global scale, baltimore is only responsible for about 2% of ...
Bloomberg: Bloomberg Markets
3/27/2024 4:07pm
... location in baltimore. and the collapse of this bridge in baltimore has big implications for the energy industry. alix steel is bloomberg tv's energy expert should she has covered the sector for more than a decade and she is sitting to ...
Bloomberg: Bloomberg Markets
3/27/2024 4:07pm
... to baltimore. that the port of baltimore will still be receiving these flow of goods and will be the economic engine for the state it has been even if that engine is not revving today. katie: appreciate your reporting. our thanks to kailey leinz from ...
Bloomberg: Bloomberg Markets
3/27/2024 4:06pm
... cannot go anywhere. for all the companies trying to get cargo in, they are having to send that elsewhere. we have heard from automakers who talked about rerouting their supply in places other than baltimore. maybe up to new york orchard -- _ ...
Bloomberg: Bloomberg Markets
3/27/2024 4:06pm
... what is the thinking about how this might be modeled out? kailey: clearly all the cargo that was attempting to come in and out of the port of baltimore cannot do so. of the many vessels inside the harbor unable to get out, they ...
Bloomberg: Bloomberg Markets
3/27/2024 4:04pm
... for when this could be wrapped up, the port cleared the debris as well as the dali itself and the port of baltimore reopen remains unclear. know if already has been able to put an estimate on the timeline. ...
Bloomberg: Bloomberg Markets
3/27/2024 4:02pm
... balance of power cohost kailey leinz live from baltimore. you have been there since yesterday. what is the latest on the ground? kailey: we are about six hours into a recovery effort that began at 6:00 a.m. eastern this morning. ...
Bloomberg: Bloomberg Markets
3/27/2024 4:02pm
... in michigan. it is imperative we get this bridge rebuilt. it is imperative we get the port of baltimore up and going. it is not just how we are supporting maryland. . it is how we support the maryland economy -- the american economy. katie: let's bring in bloomberg ...
Bloomberg: Bloomberg Markets
3/27/2024 4:01pm
... shares slightly higher after raising its outlook for 2024 amid record-setting demand for cruises. the company did say a negative impact related to the red sea and of course the bridge collapse in baltimore yesterday. speaking of that collapse, it is set to have ramifications across ...
Bloomberg: Bloomberg Technology
3/27/2024 3:06pm
... inflationary than potentially what we are seeing from baltimore as well. ed: just considering materially what's happening on the ground i know the scale seems small. it is march 27, unbelievably we ...
Bloomberg: Bloomberg Technology
3/27/2024 3:05pm
... let's start with baltimore, let me put it this way. you've modeled the prior shocks of the pandemic, of the impact on supply chain, do you consider baltimore a data point that may show up down the line in these ...
Bloomberg: Bloomberg Technology
3/27/2024 3:04pm
... nationally as well as we talk about supply chains that will have to move around and could face delays in terms of parts for cars and many other things. ed: kailey leinz on the ground in baltimore and will bring us updates on bloomberg television. ...
Bloomberg: Bloomberg Technology
3/27/2024 3:02pm
... it's not the only effort underway in baltimore. the ntsb on the scene planning to board the vessel as they conduct a thorough investigation into what happened on board leading up to it ultimately culminating in its collision with the key bridge. ...
Bloomberg: Bloomberg Technology
3/27/2024 3:01pm
... recovery and search and rescue effort. what's the latest? there is no more rescue effort underway in baltimore which ended around 7:30 p.m. when the coast guard to the six individuals construction workers ...
Bloomberg: Bloomberg Technology
3/27/2024 3:01pm
... bankman-fried sentencing which is tomorrow. let's turn back to the breaking news we've been covering out of baltimore. joining us on the ground is kailey leinz. we have had operational updates on what's happening with the ...
Bloomberg: Bloomberg Markets
3/27/2024 2:04pm
... how that will move through congress. thank you so much. reporting live from baltimore. reporting on the implications, we are joined by jonathan, the ceo of transfixed, a software ...
Bloomberg: Bloomberg Markets
3/27/2024 2:00pm
... we had 30 minutes into the trading day. here are the top stories we are following. baltimore bridge disaster. investigations still underway after a bridge collapsed after colliding with a ship. ...