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03.05.26 - 14:31
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Sununu: Spirit Bailout "Made No Financial Sense Whatsoever" (Bloomberg)
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The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...
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03.05.26 - 14:12
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Argentines Keep Cash Under Mattresses Even as Milei Pushes Bank Accounts (Bloomberg)
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You'd be surprised how damp and smelly dollar bills get, Alejandro Lamas says, when they've been squirreled away under a mattress for years. He's gotten so many stacks of them from Argentines he's sold used cars to over the years that he's a bit of a connoisseur. Slip him a counterfeit and he knows at first touch....
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03.05.26 - 14:12
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The Energy Source Hiding Beneath Your Feet (Bloomberg)
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As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027. (Source: Bloomberg)...
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03.05.26 - 07:06
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South African Wine Estates Become Focus for Global Buyers (Bloomberg)
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Global investors are pouring money into commercial wineries in and around Cape Town, even as wine sales slow worldwide. French, German, and Norwegian consortiums are buying into one of the few wine-producing regions where vineyard prices are still climbing. Bloomberg's Jennifer Zabasajja reports. (Source: Bloomberg)...
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