Bloomberg Businessweek

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Saudi Aramco told at least two oil refining customers in Europe that they will be allocated no crude next month under long-term agreements after the kingdom’s key pipeline to the Red Sea was attacked, people informed of the decision said. European customers normally receive Saudi Arabian crude on so-called term contracts, ensuring a steady flow of supply every month. Those deliveries will not take place next month, the people said, asking not to be identified because the information isn’t public.
The decision applies to all European buyers, they said.Saudi Aramco declined to comment. The absence of Saudi flows next month will heighten the need for European buyers to secure replacements.
On today's episode:
Rob Barnett, Bloomberg Intelligence Senior Energy Analyst
Eric Martin, Bloomberg News State Department & Foreign Policy Reporter
Randi Weingarten, American Federation of Teachers President
Nick Pappas, NFL Director of Field Operations

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
OpenAI shared several undisclosed incidents of its AI models misbehaving and unveiled a new framework for tracking and disclosing such occurrences going forward. Some of the previously unreported instances included OpenAI’s technologies concealing and fabricating information in order to return results, the company said in a blog post Wednesday. The ChatGPT maker has faced increased scrutiny since saying in July that some of its most advanced AI models had breached the systems of an external software company, Hugging Face. None of the newly disclosed misalignment incidents involved a hack or breach of a third party, OpenAI said in a separate statement.
In the report, OpenAI detailed various instances of its artificial intelligence models misbehaving in order to complete a task or succeed at an evaluation. Some examples included the models fabricating missing data, attempting to bypass network restrictions and AI agents sharing files with each other that they were supposed to keep private.
On today's episode, guest hosts Alexis Christoforous and Lisa Mateo speak with:
Shirin Ghaffary, Bloomberg News AI Reporter
Seema Shah, Chief Strategist at Principal Global Investors
Candi Wolff, Head of Global Government Affairs at Citi
Christine de Wendel, Co-Founder & US CEO at Sunday
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

The University of Kansas's David Booth Kansas Memorial Stadium is undergoing an $800 million renovation that includes luxury seats and amenities, showing how the new financial model in college sports resembles that of professional teams. Colleges are looking for new revenue sources, such as fancier facilities that can command higher ticket prices and host concerts and other events, to help pay for expenses like player compensation and coach salaries. Meantime, a bipartisan bill called the Protect College Sports Act aims to regulate the changing landscape of college sports by putting guardrails around name, image, and likeness deals and allowing schools to spend more on player retention, with the legislation likely to pass the Senate.

For more, guest hosts Alexis Christoforous and Lisa Mateo speak with Janet Lorin, Bloomberg News Higher Education Reporter.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Joe Magazine, Partner at Fortuna Investments & Miami Beach City Commissioner, examines how macroeconomic forces and government policy are influencing investment decisions in sectors including space, robotics, nuclear energy, critical metals and data centers. He also discusses the growth of Miami as a financial hub and how Fortuna seeks out opportunity in unconventional spaces.
Magazine speaks with hosts Carol Massar and Tim Stenovec from the sidelines of the Future Proof Festival in Huntington Beach, California.
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