Broadcom has been on the lookout for big acquisitions. Under co hawk tan, they wanted to do something to really move the needle. This would be its largest to date in software. The deal is said to come as soon as this week. But we're hearing that there are some cos cuts and energies that could happen here.
Peter Atwater, Adjunct Professor of Economics at William & Mary, discusses how market turmoil is impacting the K-Shaped Recovery. Bloomberg News Finance Team Leader Sally Bakewell reports on JPMorgan CEO Jamie Dimon saying the U.S. economy remains strong, and potential obstacles to growth are not set in stone. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Writer Ashlee Vance share the details of Ashlee's Businessweek Magazine story Thrill of Better Office Wi-Fi Draws Attention to Startup’s Pitch. Bloomberg News Deals Team Leader Liana Baker breaks down news that Broadcom is in talks to buy VMware. And we Drive to the Close with Michael Sheldon, Chief Investment Officer at Hightower RDM Financial Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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