Business
Is Trump’s Defense Department Name Change Significant?
Leon Panetta, Former US Secretary of Defense, shares his thoughts on President Trump changing the name of the Department of …
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Business
US Adds 29,000 Jobs in September, Jobless Rate Rises
A huge miss on the September US jobs report. Payrolls rose by 29,000, the estimate was for a gain of 90,000. The unemployment rate ticked up to 4.2%. Bloomberg’s Michael McKee reports.
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Business
Trump Defends Data Centers Amid Growing Public Backlash
President Donald Trump strongly defended data centers Wednesday, despite growing public backlash against the rapid buildout. #trump #technology #usa #news #politics
“If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI plant or a data center, I would absolutely want it because the jobs are enormous and the money paid, the taxes paid are just enormous,” Trump told reporters at the White House.
The president’s review is more optimistic than many Americans, who have pushed backed against data centers in their backyard over concerns with the buildings’ use of water, electricity or hefty tax breaks for tech companies.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/trump-asks-congress-to-pass-crypto-bill-alongside-executives
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Business
Russian general killed after car bomb explodes in Moscow
A senior Russian general was killed after a bomb exploded in his car in Moscow, according to investigators who pointed suspicion for the assassination at Ukraine https://bloom.bg/4sbhASZ
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Business
French: We’re Going to Win Michigan, New Hampshire and Maine
Lauren French, Senate Majority PAC senior advisor, says the PAC is making spending decisions week by week after pulling out of North Carolina and is looking closely at races in Kansas, South Carolina and Mississippi. French says Democrats may not be able to match Republican spending, but says Democratic candidates are outraising Republicans. French says that the October surprise will be if polling has been accurate or not and believes that Democrats will win Michigan, New Hampshire and Maine. She speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power.”
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Business
SpaceX Seeks $40B For Nvidia Chips; Iran Steps Up Hormuz Attacks
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, Bloomberg understands that SpaceX is in talks to borrow $40 billion to buy Nvidia chips in what would be among the biggest-ever debt financings for the AI buildout.
Oil gained as traders weighed increased flows through the Strait of Hormuz against a pickup in Iranian attacks against vessels.
And the Dutch government plans to reduce its investment vehicle’s stake in ABN Amro from 20.7% to 10.5%. ABN Amro’s Chief Executive Marguerite Bérard joins Daybreak for an exclusive conversation, and says she welcomes the decision.
Today’s guest: Marguerite Bérard, ABN Amro CEO
Corrects graphic at 29;47 to clarify that guest was referring to SMEs.
Chapters:
00:00:00 – Daybreak Europe
00:01:19 – Iran Ramps up Ship Attacks in Hormuz
00:03:39 – Samsung Investors Await Earnings
00:07:30 – Oil Rises With Vessel Attacks, Flows in Focus
00:13:56 – Fed Minutes Due Later
00:16:28 – French School Protests Draw Over 250,000 as Violence Flares
00:20:00 – Dimon: AI Will Make Life Unbelievable for People
00:22:08 – Apollo Weighs Larger Role in Govt. Lending
00:26:22 – Marguerite Bérard, ABN Amro CEO
00:35:39 – Germany Factory Orders Fall the Most Since January
00:38:06 – Abby Denburg, Covenant President
00:43:43 – Fed Minutes in Focus
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