Trump Says He’ll Visit China; Xi Presses US Leader on Taiwan
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.US President Donald Trump and Chinese President Xi Jinping on Monday held their first talks since agreeing to a tariff truce last month, discussing trade, Taiwan and Russia’s invasion of Ukraine. Trump said the telephone call was “very good” and that the leaders spoke about purchases of soybeans and other farm products as well as curbing shipments of illegal fentanyl. The US president said he agreed to visit Beijing in April, and that he had invited Xi for a state visit next year.“Our relationship with China is extremely strong!” Trump posted on social media. “There has been significant progress on both sides in keeping our agreements current and accurate. Now we can set our sights on the big picture.”But the US president’s readout of the call sidestepped one issue — the self-governing island of Taiwan — that was a central focus for Xi. The Chinese leader told Trump that the return of Taiwan to China is a key part of the post-World War II international order, according to a Chinese Foreign Ministry statement. Xi also said the two countries should keep the positive momentum generated during their meeting last month in South Korea and expand cooperation, the statement said.The leaders also spoke about Russia’s invasion of Ukraine and Xi expressed hope for the two sides to reach a binding peace agreement, the ministry said. The call lasted an hour, White House Press Secretary Karoline Leavitt told reporters.Today's show features: Bloomberg News Senior Editor for Technology & Strategic Industries Michael Shepard on the latest White House headlines as peace plans for Ukraine continue to stall, President Trump speaks with China’s Xi Jinping and the US continues to spar with the EU over tariffs. Jennifer Lee, Senior Economist and Managing Director of Economics at BMO Capital Markets, on expectations for this week’s late-arriving PPI and retail sales reports from September Bloomberg Intelligence Senior Technology Credit Analyst Robert Schiffman on Oracle investor scrutiny amid a debt spree to finance artificial intelligence investments Leo Kelly, CEO of Verdence Capital Advisors, on markets and the Federal Reserve’s path forward See omnystudio.com/listener for privacy information.
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ConnectOne Bank CEO Remains Bullish Amid Economic Risks
Frank Sorrentino III is Chairman and CEO of ConnectOne Bank (CNOB), formerly North Jersey community Bank (NJCB), with eight branches throughout the state. Mr. Sorrentino and other Bergen County civic and business leaders founded the bank to serve local residents and businesses by providing personalized community banking services. As Chairman and CEO of ConnectOne, Mr. Sorrentino is responsible for the firm's business development plan, while also serving as its community liaison, and sitting on the loan committee.Sorrento offers his take on the strength of the community banking sector, as well as the direction of US monetary policy in the near-term. Frank speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
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Bloomberg Businessweek Weekend - November 21st, 2025
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.
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Trump Says He’d ‘Feel Very Comfortable’ Living in Mamdani’s NYC
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he wants to see Zohran Mamdani succeed, saying after a highly anticipated sit-down that he’d “feel very comfortable” living in a New York run by the mayor-elect and that he doesn’t anticipate cutting off funding for the country’s most populous city.“I expect to be helping him, not hurting him,” Trump said of Mamdani in a press conference that repeatedly stressed the two politicians’ political alignment over cost-of-living issues. “I want New York City to be great.”The meeting was the first between the two leaders who have clashed publicly over their political agendas but are seeking to determine if they can work together. Their talks held high stakes for the governance of the capital of global finance and for their respective political parties ahead of next year’s midterm elections.During the mayoral election, Trump repeatedly assailed Mamdani — a democratic socialist who won on a progressive platform — as a “communist,” urging voters to reject his candidacy and threating to pull government funding from New York, the president’s hometown. Republicans have also eagerly sought to turn Mamdani into a foil for Democratic policies with voters well beyond the city.On Friday, the two men appeared cordial and friendly, with Trump shrugging off questions about Mamdani’s prior references to the president as a “despot” as “not that insulting.” They told reporters that they spent the majority of their meeting discussing the cost of rent, groceries and utilities. The president also said he shared some of Mamdani’s ideas on how to address affordability.Today's show features: Bloomberg News White House and National Security Editor Michelle Jamrisko on President Donald Trump’s White House meeting with New York City Mayor-elect Zohran Mamdani Sarah Levy, CEO of Betterment, and Bloomberg News Senior Editor, Equities Americas Eric Weiner recap the volatile week in markets and react to President Trump’s meeting with NYC Mayor-elect Zohran Mamdani Christina Cassotis, Chief Executive Officer of the Pittsburgh International Airport, on the opening of the airport’s new terminal and preparations for holiday travel amid lingering effects from the government shutdown See omnystudio.com/listener for privacy information.
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Biomechatronics Pioneer on Meeting the Needs of Women Patients
Hugh Herr is a driving force behind the creation of bionic limbs that emulate the function of natural limbs. His revolutionary work is in the emerging field of "Biomechatronics," a technology that marries human physiology with electromechanics. A double amputee himself, he is responsible for breakthrough advances in bionic limbs that provide greater mobility and new hope to those with physical disabilities. He currently serves as a Professor of Media Arts and Sciences at the MIT Media Lab, and co-leads the Yang Center for Bionics at MIT.Among the key aspects of the work being done at MIT is designing prosthetics that are specifically tailored to women's bodies. Dr. Herr explains how his team is meeting the needs of female patients in an area where the focus has traditionally been on the male anatomy. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
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