because it's smart, dependable, and steady all words you want from your bank for nearly 160 years, pnck brilliantly boring. >> so you can be happily will phil, just pretty and boring if you think about it well. and our family, there was a passion for glass making that's passed down through the generations we stood on some pretty broad shoulders to get to where we're at today on ancestry. >> i was able to actually put together our family tree each person is a glass marker that's why we do what we do. we can't help it. the glassblowing that's a part of our dna. >> it's in my blood, it's my history it's my job to make sure that this shop makes it to the next generation it was a very physical sport i get a lot of marks throughout the season a sign of hard work you got to push yourself to the limit watching your body is not the sign-off failure step towards improvement movement lives mark's you're not the boss, but it shouldn't degree ultra clear, nonstop protection against white marks. okay, we move you said it them his eyes spike it. i'll tell them he liberty mutual customizes car insuran

. >> you are now pretty much in the pnc business. were getting out of life insurance plan. know people are going to die, a predictable. why is that business not as good as the property and casualty business> >> it's a very good business. the property and casualty business is totally different. life insurance business, they have so much investable asset, it is a spread business and one that has really different dynamics that drive its outcomes. >> i see lots of ads on television for insurance, but i don't see a lot of aig ads. are you going to institutional market? >> we have a distribution of agents and brokers, we are really a business-to-business. we source our business through that distribution channel. advertising to the end consumer has limited value in the product that we actually underwrite. >> today the insurance business generally in the u.s., would you say it is a reasonably healthy business? >> i think balance sheets are strong, returns are very good and there is positive momentum. >> what is your biggest worry about the economy today, do you think we are going t

all words you want from your bank for nearly the 100 160 years, pnc bank has been brilliantly boring. so you can be happy and fulfilled, which is pretty unborn if you think about it i was still, alvarez at the white house and this is cnn closed captioning is brought to you by skechers, hands-free slip-ins. >> we talk on the phone hands-free. go hands free to turn on our lights. and now there's hands-free footwear, revolutionary sketches slipping just slip in in their on tried sketches, slip ends a huge moment for the biden administration tonight, as the president and vice president are getting ready to greet the americans freed by russia in that landmark prisoner swap, joining us now, a member of the senate foreign relations committee he, senator cory booker, a democrat of new jersey, senator. >> thank you for coming on. this was the biggest prisoner swap since the cold war. what more can you tell us about the complex behind the scenes diplomacy here. why did this still make it through? now? >> well, i think this has been worked on now for many months, if not years, we've had a situat

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isng if you think about it. ♪ >>>> i think with technology there are still a lot of structural tailwinds for the sector. the bar is high. i think that is why investors are cautious. there are still a lot of structural tailwinds for the sector. the bar is high. i think that is why investors are cautious. >>the nasdaq seems to be stable. this is a shift from growth to value. multiples need to be balanced out. haidi: some of our guests views on how markets might react. we have been asking them what happens after these earnings? depending on what we get from nvidia. is this ai related rally still intact? there is a sigh of relief knowing that the fed will start easing. avril: absolutely. i think the fed has taken some uncertainty out of the equation. now it is up to the nvidia earnings. they have a knack for meeting high expectations. they have beaten lofty estimates. that will be key to watch. haidi: it really is a company that has moved broader stocks perhaps like no company has ever done

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which istty un-boring if you think about it. ♪ >> this is bloomberg markets. there is a new study showing that america's fortune 500 companies continue to prioritize diversity, equity and inclusion. however that same study showed that the number of directors of color has declined across a broader set of companies and here to share insights from the study is ariel patrick, chief communications officer of arielle investments. i want to talk about the numbers first because it's interesting. the numbers across small and mid-caps in particular were particularly concerning when you consider how many people across the country small businesses employ. so when you see the broader numbers, why are the broader numbers actually showing a lack virus? -- a lack of progress? >> i would say it is less about lack of progress and is slowing of progress. it is fair to say that after the murder of george floyd in 2020 there was an acceleration of efforts, particularly around the recruitment of diverse words of di

i sons around pnc, it has this update from both time neighbor and columbia or opposition activists of how their own running it has become increasingly difficult for us id authorization to have these a big, huge gatherings that and cut off because the mostly due to the arrest sending simulations on part of the government and the feeling is that to the hope of a major mobilization, popular mobilization against them, i do a dream. i might be slow. busy the fading away there have been other protests in other parts of the world due to the large that you ask for our most. so 8000000 people that are flat, the, at the economic, social and political crisis in the country in the last decade there. so here in the capital book that earlier today, there were members of the positions in other venezuelans who have put these balloons up here in central plaza, believe it or with the names. and in some cases, the pictures of a, some of these people are in a position activists that have been arrested by them. i do a james, 1600 of them. and the last months since the dispute said the elections and among

all words you want from your bank for nearly 160 years pnc bank has been brilliantly boring. >> so you can be happy to fill, which is pretty and boring if you think about it meet the jennifer's gen x, gen y, and z each planning their future for the chase mobile app gen x is planning a summer in portugal i'm help from jpmorgan, wealth plan. >> that's got whiskers ten why is working with a bank gutter budget for her birthday? you only turn 30 months. >> and gen z, her credits go then. hello. you apartment three jens getting ahead with chase solutions that grow with you. >> one bank for now, for later, for life, chased. make more of what's yours millions of people have lost weight with personalized plans from 100m, like brittney, who lost 20 pounds, i felt so supported by knew it became an anchor for me 100m has changed my life, with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for

in late july, the molly and army and partner pnc forces were engaged in baffles with insurgents in the northern part of the country. now after days of fighting government troops were defeated as they were cut off from reinforcements plus close to a source and is split. this reportedly arrive to engage the on the months since then, molly and armed forces confirmed they have conducted a quote vast operation in the or is held by our risk and insurance. and it's including our strikes with the dozens of antique government fighters have reportedly been killed. molly has also conducted an investigation into ukraine's involvement in the i'm bush, against its forces, with other african nations, also condemning the support of charlotte. the ministry of foreign affairs has learned with surprise of the publication on the facebook page of the ukrainian embassy in the car of a propaganda video by the ukranian army. a company by a comment by the ukranian ambassador himself providing unequivocal and unqualified support for the terrorist attack carried out between the 25th and 27th of july 2024 in nort

i just want to run pnc reports from bug a top and they bring columbia. a venezuelan woke up in darkness on friday as a major blackout left most of the country without power layers. when i stopped feeling the air from this time, this one, i knew we had no power for that thought that it would come back. but when my alarm went off, i woke up and realized it was a power outage. people in the capital could i could, struggled outside, close metro stations, ending dark work places, unsure of how long the out with last the government blamed the blackout on some of the tours, but didn't provide any evidence that its political rivals were responsible. that i don't wanna keep the state power company and the entire vice presidency of the public services were already active, as well as being time national government to overcome this new aggression and to bring you your electricity service, annual peace of mind. but many people are blaming the government for the blackout. i'm not surprised because we've been suffering from a lot of maintenance in our electric installa

background on what caused the diplomatic break done in late july, the molly and on the on faulkner pnc forces were 1st thing gauged and baffled with instructions in the northern part of the country and then off to us fellows, and if the mist after days of fighting during which they were cut off from reinforcements and vastly outnumbered, the government troops were defeated. well since then, molly, an armed forces have confirmed if conducted a quote, vast operation in the areas held by terrorist admin surgeons, including our strikes. dozens of anti government fighters have reportedly being killed. molly has also conducted on investigation and to ukraine's involvement in the ambush against its forces with other african nations, also condemning key of support of the terrorist. the ministry of foreign affairs has learned with surprise of the publication on the facebook page of the ukrainian embassy in the car of a propaganda video by the ukranian army. a company by a comment by the ukranian ambassador himself providing unequivocal and unqualified support for the terrorist attack carried ou

last month in search into, in this a hell region of northern malia tucked army troops and wagner, pnc fighters, killing over a 100 people. that's video that we just saw, the printing of intelligence spokesperson, boasting that kid had aided the militants by supplying information, was posted by the ukranian embassy and cynical, but was soon deleted after causing public rage the car, and also breaking a fast so condemned cranes actions and molly, followed by nature, have broken off diplomatic ties with key f. the. what is the city i show, considering the seriousness of the situation on the recognize and assuming a whole bunch of ukraine in the aggression against molly? the government of the republic of new jack in full sort of them and see where the government and people have money decides on the following measures. one, the severance with immediate effect of diplomatic relations between the republican javin ukraine. to the referral to the united nations security council. with a view to rooting on the crating aggression and expenses 2000. and because the following, ukraine's acknowledge

the types of molly and pnc voc, that's fine. because in southern molly of ac voc, the soldiers were killed, ukraine admitted sharing intelligence with the tire as quick responsible. as let's amalia needs a cost to diplomatic ties with kids. a service from between us also, and now courting on like government to follow suit nest. if it does say national coordinates, a full planet of young pon, africanist says ukraine should be treated as a terrorist states. green accuses russia, being behind the diplomatic spots of the countries of the house. russia is our friend in suite to department rush is a series partner that we're on equal terms with rush. he's helping us fight terrorism, while ukraine sponsors at malia, near a solvent countries and their decision the solving. now we cannot foster should cut their ties with the green because new year and molly are a friend, and the enemy of our friend is our enemy. you green must bear the consequences of its terrace tax, became its every state when it supported inhaled the attacks on the ma

this a hell region of northern malia tucked army troops and fog near pnc fighters, killing over a 100 people without city. we just sort of the you printing and intelligent spokesperson, boasting not to have had aided the military by supplying information, was posted by the premium, the embassy and sending goal, but was soon deleted. after causing public, i preached the car and also, but you know, fast. so condemned to cranes actions. and molly followed by nature of separate diplomatic ties with keith. once you get on the ground, you think that i see the actual considering the seriousness of the situation on the recognize and assuming moments of ukraine in the aggression against molly. the government of the republic of news. yeah. in full sort of them and see where the government and people have money decides on the following measures. one or the severance with immediate effect of diplomatic relations between the republican re javin ukraine. to the referral to the united nations security council. with a view to rooting on the ukrainian aggression and expenses shoot olympic us, the foll

tie one to in case of a conflict from success databases going on in the us commuting types of apps. pnc 5 titles and i wasn't part of a delegation to the us in 20. 19. during our discussions, the americans told us russia, so you're a problem, it's a european problem. now, it's not ours anymore. you have to take care of it. on the desktop is not going to change, even if and 10 or 20 years. we have better relations with russia until then, europeans have to come to terms with the idea that the us may simply not be able to act in the conflict because they may be busy elsewhere. the ones that are on the mantel challenge for europeans in the future will be to show how they can also be useful and not just the beneficiary of us security. and it should be, is that or is there a need for a plan be like a unified european army? after all, particle $42.00 of the treaty on european union contains its own mutual assistance guarantees similar to nato's article 5. the needless to say, the us wouldn't be the military power. it is today if it wasn't centralized. and that's exactly why a european army und

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isoring if you think about it. paul: alright. just before we leave you this hour, let's take a look at this board which pretty much sums up what is going on at the moment. equities having a pretty horrible day. taiex in taiwan off by 7.3%. stocks in japan among the worst hit as well here that is it for "bloomberg markets: asia." middle east and africa, up next. this is bloomberg. ♪ with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg l.p., its affiliates, or its employees. >> this is a paid advertisement for csn.

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isoring if you think about it. known as a loving parent. known for lessons that matter. known for being a free spirit. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer, fda-approved for 17 types of cancer. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment if you do not have an abnormal “egfr” or “alk” gene. keytruda can cause your immune system to attack healthy parts of your body during or after treatment. this may be severe and lead to death. see your doctor right away if you have cough, shortness of breath, chest pain, diarrhea, severe stomach pain, severe nausea or vomiting, headache, light sensitivity, eye problems, irregular heartbeat, extreme tiredness, constipation, dizziness or fainting, changes in appetite, thirst, or urine, confusion, memory problems, muscle pain or weakness, fever, rash, itching, or flushing. there may

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isnk about it. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ed: this is "bloomberg technology." you are looking at a live shot of the principal room. make sure to check out our podcast. you can find it on the terminal. this is bloomberg. ed: back to earnings. doordash, which reported thursday, strong outlook. particularly on the bottom line for the fiscal third. ceo ravi inukonda joins us now. i'm going to do something different. we know the numbers. the outlook is good. i want to talk more about the platform and where this growth is going to come from. yonder restaurants, into new product categories. i think that is a real point of emphasis for investors this money. give me the near and long-term future of how you are going to be driving that growth. ravi: absolutely. yesterday the media said we are redefining

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a number of new highs in banks today, including jpmorgan, pnc, regions financial, u.s. bancorp. yield curve is getting flatter and flatter, two and ten-year yields are only separated by three basis points. that helps the banks. and that is good when you get a more normal slope in yield curve. we've been talking about nvidia all day, down a bit today. the semis are all down a bit, waiting on the markets here. we'll want to hear about that blackwell chip we've been waiting to get out there, we'll get an update on that. and demand for ai in general. the bulls are hopeful that demand is going to be strong, and indeed, some of the comments from companies like microsoft seem to indicate demand is still very robust. why do we keep talking about nvidia? i'm trying to get this in a way that everybody can explain why we keep talking about it. nvidia is about 6.5% of the s&p 500 by weight. the entire consumer staples sector, all the consumer staple names, is 6%. energy is 3.5%. utilities are 2.5%. real estate is 2%. materials are about 2%. i guess what i'm trying to say, john, nvidia is bi

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pnc financial, its highest level since april of 2022.- >> yes, sir. >> goldman sachs, just a few dollars off its all-time best. you pointed out some of these runs. what -- what do you think is behind the run in banks and financials like amex? >> well, forget about american express for a second. >> one of those things doesn't belong here? >> i don't think it belongs. and if you looked, we had a downgrade of american express 2 1/2, 3 weeks ago that seemingly came out of nowhere. we'll say that was some what prescient. but in terms of the banks, the market is saying this. the fed navigated this thing, they'll be able to stick the landing, it's going to be a great environment for the economy. you saw gdp today, the numbers that are flattening out, and people think the banking sector will be the beneficiary of this, and there will be a rotation. it is happening before our eyes. the problem, of course, in terms of some of these banks, they've gotten alittle ahead of themselves. and when warren buffett starts to pare -- >> maybe just got too bi

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. (♪♪) when life spells heartburn... how do you spell relief? r-o-l-a-i-d-s rolaids' dual-active formula begins to neutralize acid on contact. r-o-l-a-i-d-s spells relief. >>> 33 past the hour. we're back with our breaking news, just moments ago, we learned that at least four americans have been released as part of a historic prisoner swap with russia, the u.s. and other countries. the americans released are "wall street journal" reporter evan gershkovich, marine veteran paul whelan, journalist alsu kurmasheva, and journalist and activist vladimir kara-murza. want to bring back christopher o'leary, former director of hostage recovery for the united states government and senior vice president for global operations at the sofan group. thank you. it is, well, you've been involved in different aspects throughout the years, deals, but what is your reaction to what we're seeing today? >> i think you covered quite a bit of it. it is a difficult choice to

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