Samantha Stewart
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Articles by Samantha Stewart
Trump Says It’s Time to Strike Iran or Make a Deal
Illustration: Daybreak/Getty Images October 25, 2026 at 9:33 PM UTC Good morning. Trump says it’s time to strike Iran or cut a deal. BYD is making inroads on Hyundai’s home turf. And we review Meta’s camera-free smart glasses.
Inside Mark Zuckerberg’s Quest to Keep Power and Get Paid
Welcome to Bloomberg’s California Edition. I’m San Francisco Bureau Chief Felipe Marques, and together with colleagues across the state, we cover the forces shaping one of the world’s biggest economies and its global influence.
Anthropic May Spend $750 Billion on Computing Costs, WSJ Reports
Good morning. Anthropic expects fast growth and big costs, the WSJ reported. Black market GLP-1s boom in Brazil. And Webtoon expands its anime bet. Listen to the day’s top stories.
Zelenskyy Says Trump Forcing Capitulation to Russia
Illustration: Daybreak/Getty Images October 18, 2026 at 9:36 PM UTC Good morning. Zelenskyy says Trump is pushing Ukraine to give in to Russia. Jio Platforms’ listing will test whether the Ambani brand still speaks to retail investors.
Malibu's million-dollar mansions, burned by fire, face a new threat from El NiƱo
By Francesca Maglione, Samantha Stewart, Bloomberg News Duke's Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year's Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last weekend, waves came crashing through its windows.
Malibu’s Mansions, Burned by Fire, Are Now Consumed by the Ocean (1)
Oct. 16, 2026, 6:28 PM UTC Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Lead server Matthew Ammons watches as a wave breaks through a window at Duke’s Malibu, flooding the interior. Photographer: Anna Sophia Moltke/Bloomberg Last weekend, waves came crashing through its windows.
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last weekend, waves came crashing through its windows. Workers scrambled to board up the openings as water surged into the building.
‘Everybody Hates Billionaires:’ Inside California’s Elite Last-Ditch Effort to Defeat a Wealth Tax
Welcome to Bloomberg’s California Edition. I’m San Francisco Bureau Chief Felipe Marques, and together with colleagues across the state, we cover the forces shaping one of the world’s biggest economies and its global influence.
Malibu’s Mansions, Burned by Fire, Are Now Consumed by the Ocean
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last weekend, waves came crashing through its windows. Workers scrambled to board up the openings as water surged into the building.
Malibu's Million-Dollar Mansions, Burned by Fire, Face a New Threat From El Niño
Photographer: Anna Sophia Moltke/Bloomberg (Bloomberg) -- Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged.
EU Is Said to Target China With Broader Trade Tool
Illustration: Daybreak/Getty Images October 15, 2026 at 9:30 PM UTC Good morning. The EU beefs up its trade arsenal. Tesla readies a Jetsons-esque unveiling of its new Roadster. And black mold and bugs are found at a GLP-1 compounding agent plant.
LVMH Sales at Key Unit Slide on Weak China Demand
Louis Vuitton flagship store in Shanghai.Source: VCG via Getty Images October 12, 2026 at 9:38 PM UTC Good morning. Revenue at a key LVMH unit slips amid weakening China demand. BYD plans to ramp up hiring in Europe.
Microsoft and Indian Tech Firms Targeted in US Visa Crackdown
Illustration: Daybreak/Getty Images October 8, 2026 at 9:31 PM UTC Good morning. The US bars Microsoft and Indian tech firms from a visa program in a blow to talent. Peptides enter a new frontier.
S&P 500 Notches First Record Close Since August
Illustration: Daybreak/Getty Images October 6, 2026 at 9:35 PM UTC Good morning. The S&P 500 hits a new record. NASA gets ready to stock up on rocket launches. And move aside soju, it’s makgeolli’s time to shine. Listen to the day’s top stories.
OpenAI Targets $30 Billion in New Funding Round Ahead of IPO
Illustration: Daybreak/Getty Images September 29, 2026 at 9:35 PM UTC Good morning. OpenAI looks to raise even more funds ahead of its expected IPO. India’s cash gold market booms as high prices and taxes bite.
Iran Refuses to Soften Demands as Trump Rejects Hormuz Plan
Illustration: Daybreak/Getty Images September 27, 2026 at 9:32 PM UTC Good morning. The US and Iran hit another impasse. Thailand’s prime minister faces his biggest test yet.
Trump, Xi Address AI, Taiwan During State Visit
Photographer: Annabelle Gordon/CNP/Bloomberg via Consolidated News Photos September 24, 2026 at 9:30 PM UTC Good morning. Trump and Xi address artificial intelligence and Taiwan during their summit. HSBC’s Hong Kong bankers lose another perk.
Treasury Yields Spike on Rate-Hike Fears as Oil Climbs
Good morning. Treasury yields spike on rate-hike fears as oil climbs. Geely unveils new EV charging technology to compete with BYD. And the secret to success might just be unhappiness. Listen to the day’s top stories.
Stocks, Treasuries Bounce Back After Fed-Day Drop as Oil Slips
Illustration: Daybreak/Getty Images September 17, 2026 at 9:31 PM UTC Good morning. Equities and bonds bounce back after their Fed-day drop as oil slips.
Treasury Yields Stay Elevated as Stocks Fall Before Fed
Illustration: Daybreak/Getty Images September 15, 2026 at 9:33 PM UTC Good morning. Treasury yields stay high and stocks slip ahead of the Fed’s rate decision. Elon Musk teases a SpaceX-Tesla merger again.
From ‘Pathetic and Sad’ to Monarch Butterflies: Trump Clashes With California
A detail of the wing of a monarch butterfly.Photographer: Enrique Castro/AFP September 10, 2026 at 11:48 PM UTC Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest economies.
Mark Walter Scrutiny Sheds Light on LeBron James’ Finances
James.Photographer: Sean M. Haffey/Getty Images August 27, 2026 at 10:30 PM UTC Welcome to Bloomberg’s California Edition — covering all the events shaping one of the world’s biggest economies and its global influence.
Tech Stocks Rally After Nvidia’s Blockbuster Outlook
Illustration: Daybreak/Getty Images August 27, 2026 at 9:31 PM UTC Good morning. Tech stocks get a boost from Nvidia’s show-stopping forecast, but one big name is losing out. Trump’s visa move tests the bounds of his fee-setting authority.
Canada Matches Trump Tariffs in Escalating Trade War
Illustration: Daybreak/Getty Images August 25, 2026 at 9:30 PM UTC Good morning. Canada launches a fresh trade salvo against the US. Honda weighs building a new American plant. And country music legend Dolly Parton passes away at 80.
Canada Hits Back in Escalating Trade Row With US
Good morning. Canada threatens the US with counter-tariffs as their trade spat heats up. Luxury looks to be recovering in China. And a robot beats Usain Bolt’s record for the 100-meter dash. Listen to the day’s top stories.
China to Eliminate Most Tariffs on Swiss Goods
Illustration: Daybreak/Getty Images August 20, 2026 at 9:32 PM UTC Good morning. China and Switzerland reach a new trade deal. Game consoles feel the effects of the memory crunch. And cold cup noodles are taking Japan by storm.
US Treasury to Double Longer-Bond Repurchases
Good morning. The US Treasury plans to boost debt buybacks. BYD targets Japan with a tiny EV. And Sony reboots an online action game following negative player feedback. Listen to the day’s top stories.
Trump Says He’s in No Hurry to End War With Iran
Illustration: Daybreak/Getty Images August 17, 2026 at 9:33 PM UTC Good morning. Trump says he’s in no hurry to end the war with Iran. Shein gears up for its Hong Kong debut. And Alibaba jumps on the AI music train. Listen to the day’s top stories.
Can Bob Iger Bring the Magic Back to the Los Angeles Lakers?
Bob Iger, former chief executive officer of Disney.Photographer: David Paul Morris/Bloomberg August 13, 2026 at 9:41 PM UTC Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest economies and its...
S&P 500 Closes at a Record After Soft Producer Prices
Illustration: Daybreak/Getty Images August 13, 2026 at 9:35 PM UTC Good morning. The S&P 500 hits a fresh high. Air India makes an unprecedented move. And Studio Ghibli’s next move is anybody’s guess. Listen to the day’s top stories.
‘Beverly Hills, 90210’ School Shows Cost of Shrinking Enrollment
With its verdigris copper bell tower, the 90-year-old Alexander Hamilton High School in West Los Angeles encapsulates many of the woes. The school has taught everyone from golden-age actress Rita Hayworth and Transformers star Shia LaBeouf to Muhammad Ali’s daughter and Mayor . Perhaps its biggest claim to fame is being the school where the original Beverly Hills, 90210 was filmed. Before the pandemic, Hamilton High enrolled almost 3,000 students, but today has only 2,000.
‘Beverly Hills, 90210’ School Faces Crisis With Shrinking Enrollment, Rising Costs
'Going Concern' This demographic pressure is playing out across LAUSD, a 710-square-mile district that cuts across Los Angeles and more than 25 other cities. When classes begin Wednesday after summer break, the district will have about 375,890 students for the 2026-2027 school year, not including independent charter schools, down roughly 13,000 from a year earlier. Because California school funding is closely tied to student attendance, fewer children ultimately means less revenue.
‘Beverly Hills, 90210’ School Shows Cost of Shrinking Enrollment
With its verdigris copper bell tower, the 90-year-old Alexander Hamilton High School in West Los Angeles encapsulates many of the woes. The school has taught everyone from golden-age actress Rita Hayworth and Transformers star Shia LaBeouf to Muhammad Ali’s daughter and Mayor . Perhaps its biggest claim to fame is being the school where the original Beverly Hills, 90210 was filmed. Before the pandemic, Hamilton High enrolled almost 3,000 students, but today has only 2,000.
Yen Extends Slide as Japan Touts Plans to Support Currency
Illustration: Daybreak/Getty Images August 10, 2026 at 9:32 PM UTC Good morning. The yen can’t catch a break. China slams India for naming sites in disputed border region. And Webtoon acquires a stake in a Korean game maker.
Why the Push to Reinstate the SATs Has Divided the University of California
Student housing outside the University of California, Berkeley campus.Photographer: David Paul Morris/Bloomberg August 6, 2026 at 11:07 PM UTC Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest...
Alphabet Bond Demand Signals AI Appetite Alive and Well
Illustration: Daybreak/Getty Images August 6, 2026 at 9:30 PM UTC Good morning. Investors are still full steam ahead on AI. Honda outsources new vehicle program to Tata Technologies.
China Retaliates Against US With Drone Export Curbs, Sanctions
US President Donald Trump shakes hands with China’s leader Xi Jinping in Beijing in May.Photographer: Evan Vucci/AFP/Getty Images August 5, 2026 at 9:34 PM UTC Good morning. China retaliates with curbs on drone exports to the US.
Oil Slumps on Prospects for Hormuz Reopening Deal
Illustration: Daybreak/Getty Images August 4, 2026 at 9:32 PM UTC Good morning. Oil slides on optimism for a Hormuz deal. Singapore’s housing push meets some resistance. And if you’re overheating, try Japan’s human refrigerators.
Yen Rally Loses Steam After Joint US-Japan Intervention
Good morning. The yen’s rally fades. India doubles down on its electronics manufacturing push. And Chinese tea chains are winning over coffee drinkers as they rapidly expand. Listen to the day’s top stories.
Yen Rally Loses Steam After Joint US-Japan Intervention
1 hour ago UEFA tells Al Jazeera a preservation letter is with FIFA following a failed Gianni Infantino-led World Cup sell-off. The European football body, UEFA, has confirmed to Al Jazeera that a preservation letter has been sent to the global governing body, FIFA, following Gianni Infantino’s failed plan to …
The Most-Expensive US ZIP Code Is Riding a Surge of Tech Wealth
A gated entry to a home stands in Atherton, California.Photographer: David Paul Morris/Bloomberg July 30, 2026 at 11:06 PM UTC Welcome to Bloomberg’s California Edition — covering all the events shaping one of the world’s biggest economies and its...
Yen Surges After Reported Japanese Intervention
Illustration: Daybreak/Getty Images July 30, 2026 at 9:40 PM UTC Good morning. The yen surges following reported intervention from Japanese officials. The Indian Premier League’s business value climbs to more than $20 billion.
Yen Surges After Reported Japanese Intervention
Soccer 4 hours ago European soccer leaders to boycott the World Cup in an unprecedented step NPR - Rafael Nam • 4h UEFA, Europe's main soccer body, said on Thursday its members would boycott the men's and women's World Cup unless FIFA abandons a controversial plan to sell stakes in in the tournament to private investors.
China Says US Agreed to Cap Replacement Tariffs
Illustration: Daybreak/Getty Images July 27, 2026 at 9:37 PM UTC Good morning. China says the US has pledged to cap replacement tariffs. Nvidia’s $750 billion AI deal spree is fueling fears of a circular investment boom.
Why Nvidia’s Jensen Huang Is Pledging $75 Million to a New Arts College in the Capital of AI
Jensen Huang, chief executive officer of Nvidia.Photographer: Kiyoshi Ota/Bloomberg July 23, 2026 at 9:45 PM UTC Welcome to Bloomberg’s California Edition — covering all the events shaping one of the world’s biggest economies and its global...
Trump Resurrects Tariff Wall With Forced-Labor Duties on Major Trading Partners
Illustration: Daybreak/Getty Images July 23, 2026 at 9:37 PM UTC Good morning. The US imposes blanket tariffs on major trading partners. India’s largest airline posts a shock loss as soaring fuel costs bite.
⛽ Prices rise at Trump-backed gas pumps | Morning newsletter
Good morning, Philly! 👋 Expect a warm one today with highs in the mid-80s, but don't forget the umbrella. ☂️ Be prepared for some rain and possible thunderstorms Freedom Fuel gas stations are eyeing expansion, according to the company's website. But the Philadelphia-area network of gas stations no longer appears to be selling fuel at the deep discount originally linked to the president. Did you know the Delaware River is home to over 100 islands?
US, Iran Strikes Escalate After American Troops Killed
Illustration: Daybreak/Getty Images July 19, 2026 at 9:34 PM UTC Good morning. Tensions between the US and Iran worsen after troop deaths. An Indian rocket company aims high. And the World Cup final is underway. Listen to the day’s top stories.
Star Wars to Real Wars: Weapon Makers Are Edging Out Hollywood
Characters from the Star Wars movies.Photographer: Betty Laura Zapata/Bloomberg July 16, 2026 at 11:09 PM UTC Welcome to Bloomberg’s California Edition — covering all the events shaping one of the world’s biggest economies and its global influence.
Netflix Sales Forecast Misses Estimates Again
Illustration: Daybreak/Getty Images July 16, 2026 at 9:38 PM UTC Good morning. Netflix’s sales forecast missed again. Kalshi is offering sports-style betting on drug trial results.
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