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Big Take

Bloomberg and iHeartPodcastswww.bloomberg.com

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Episodes

Can Bob Iger Save Disney, Again?

Bob Iger, The Walt Disney Company’s hugely successful CEO, came out of retirement last November and once again took the helm of the entertainment giant. But the company, and the industry, are facing tough new challenges. Bloomberg’s Thomas Buckley joins this episode to talk about Iger’s efforts to put Disney on solid footing for the future. Read more: Has Bob Iger Lost the Magic? Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have que...

Oct 11, 202326 min

The US Government vs. Google and Amazon

The US Justice Department’s case against Google and the case against Amazon brought by the Federal Trade Commission are considered two of the most consequential antitrust actions of the modern online era. What’s at stake for the companies–and consumers–when it comes to how we search online and what we buy? Bloomberg’s Leah Nylen is covering these cases. She joins this episode to explain the government’s argument that the companies are stifling competition–and what Google and Amazon have to say a...

Oct 10, 202324 min

The Devastating Hamas Attack Unites A Divided Israel

Bloomberg’s Rosalind Mathieson joins this episode to discuss the attack on Israel by Hamas, Israel’s swift military response—and concerns about the possibility of an escalating conflict across the region. Read more: A Fractured Israel Unites Around a Singular Goal: Crush the Enemy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected]. See omnystudio.com/listen...

Oct 09, 202320 min

Public Schools Brace For The End Of Pandemic Aid

Public schools across the US are getting ready for a financial blow next year, when $190 billion in federal pandemic aid runs out. Bloomberg’s Shruti Singh and Nic Querolo join this episode to discuss the challenges facing school districts, including teacher burnout. And Charles Ebea, a school counselor in the Bronx, New York, shares his perspective. Read more: Pandemic Aid for Public Schools Is Running Out. That’s Leaving Districts Under Pressure Listen to The Big Take podcast every weekday and...

Oct 06, 202326 min

Everyone's Hoping For A Soft Landing. A Recession Is More Likely

Bloomberg’s Chief U.S. Economist Anna Wong joins this episode to make the case for why a recession is still more likely than not. Read more: Why a US Recession Is Still Likely — and Coming Soon Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] . See omnystudio.com/listener for privacy information....

Oct 05, 202320 min

Can AI Beat The Market? Do We Want It To?

Today on The Big Take, Bloomberg’s Justina Lee and Sam Potter take us inside how artificial intelligence is changing the way financial firms and other market players make decisions about what to buy and sell. Can AI beat the market? Do we want it to? We also hear from Renee Yao, the founder of an investment firm that’s all in on AI. Read more: Can AI Beat the Market? Wall Street Is Desperate to Try Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom....

Oct 04, 202327 min

One Reason Buying A House Can Be So Hard

The US established Federal Home Loan Banks almost a century ago to make it easier for people to buy a home. Although these institutions have billions of dollars to lend, many people are still struggling to get approved for a mortgage. Bloomberg’s Heather Perlberg and Noah Buhayar join this episode to talk about why that is—and what’s being done to fix it. Read more: Flawed US Home-Loan System Neglects the Buyers Who Need It Most Listen to The Big Take podcast every weekday and subscribe to our d...

Oct 04, 202325 min

A New Smartphone From China Has Washington On Edge

Bloomberg’s Peter Elstrom and Mackenzie Hawkins join this episode to explain why the microchip inside Huawei’s new Mate 60 Pro phone is alarming the US government. Read more: Huawei Takes Revenge as China Catches Up on Semiconductors Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] . See omnystudio.com/listener for privacy information....

Oct 03, 202322 min

Despite Recession Fears, Small Businesses Keep Opening. Can They Survive?

Even with a looming recession, high interest rates and a tight labor market, small businesses have been opening at record rates over the last few years, surpassing pre-pandemic levels. They’ve also been the primary driver of job creation in the US. Bloomberg reporter Enda Curran dug into why small businesses are having a moment—and the challenges owners are facing in this uncertain economy. Plus, meet the owners of a bakery and a microbrewery who discuss how they’ve been keeping their businesses...

Oct 02, 202323 min

Shutdown Averted, McCarthy In The Hot Seat

The US narrowly averted a disruptive and costly shutdown of federal agencies as Congress passed compromise legislation to keep the government running until November 17th. House Speaker Kevin McCarthy’s embrace of the bipartisan deal has triggered a mutiny by far-right Republicans to depose him from his role. Bloomberg Washington Correspondent Joe Mathieu is joined by Bloomberg's Jack Fitzpatrick and Laura Davison to discuss the road ahead. Listen to The Big Take podcast every weekday and subscri...

Oct 01, 202320 min

Police Are Tracking Down Suspects With Google User Data

Google is able to collect a lot of information about the people who use its products on their phones, including where they are at any given time. A growing number of police departments across the US are seeking to obtain this data from Google to help solve crimes. Bloomberg’s Davey Alba and Julia Love join this episode to weigh the pros and cons of using location data in law enforcement, and the privacy concerns it raises. And Travis Staab, a police detective in Arizona, shares how he and his co...

Sep 29, 202330 min

Megapaca Is Making Millions Off The Clothes You Toss Away

Guatemala-based Megapaca is the number one importer of used clothing from the United States. The company has seen massive success in secondhand retail in Latin America, and now they have their sights set on expanding to the US. Bloomberg’s Adam Minter walks us through this complex, data-driven operation. And Megapaca's back-office manager Jose Rivera talks about the company’s ethos and its goal to become the leading seller of used clothing in the world. Read more: The Massive Guatemalan Operatio...

Sep 28, 202321 min

This Cryptocurrency Wants To Scan Your Eyeball

Bloomberg’s Hannah Miller is back today to explain why Sam Altman’s Worldcoin is collecting iris scans in exchange for crypto tokens. Read more: Worldcoin’s Eyeball-Scanning Crypto Dream Is Under Threat Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] . See omnystudio.com/listener for privacy information....

Sep 27, 202320 min

US Companies Pledged To Improve Workplace Diversity. And They Have

After the murder of George Floyd and subsequent protests in 2020, corporate America made bold promises to address racial disparities in the workplace. And they delivered. Bloomberg’s Jeff Green and Rebecca Greenfield join this episode to dig into the data about US companies’ DEI efforts. Read more: Corporate America Promised to Hire a Lot More People of Color. It Actually Did. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questi...

Sep 25, 202325 min

NYC Tries Supervised Release Instead Of Jail. Other Cities Are Watching

Hundreds of thousands of people charged with crimes in the US each year are incarcerated while they await trial. Often it’s because they can’t afford to pay bail. New York City’s pretrial supervised release program aims to change that. A judge can opt to release some defendants under the supervision of a caseworker, who monitors their progress as they await their day in court. Bloomberg’s Fola Akinnibi and Sarah Holder join this episode to talk about how the program works, the fraught politics a...

Sep 25, 202321 min

Big Take News Wrap: UN General Assembly. US-Iran Prisoner Swap. UAW Strike

Catch up on some of the week’s biggest stories from the US and across the globe. Bloomberg’s Rosalind Mathieson , Mario Parker and Ben Sills join this episode to talk about the major issues on the table at the United Nations meeting in New York; the Biden administration’s push for a deal between Israel and Saudi Arabia; and the ongoing US auto workers strike. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments fo...

Sep 22, 202323 min

Geopolitics Is Shaking Up Economic Alliances

Bloomberg’s Shawn Donnan and Maeva Cousin join this episode to explain how rising political tensions around the world are leading to a re-ordering of trade and commerce into rival economic blocs. Read more: The Global Economy Enters an Era of Upheaval Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] . See omnystudio.com/listener for privacy information....

Sep 21, 202330 min

Here's How Workers Describe Dollar General. Brace Yourself

The Dollar General retail chain has 19,000-plus locations, more than Walmart and Wendy’s combined. Its business model is to open in towns too small to support bigger retailers, sell necessities at low prices and keep staff to a minimum, sometimes as few as one or two people per shift. This bare bones approach has led to profits but also numerous OSHA citations and millions of dollars in proposed fines against the company since 2017. Bloomberg reporters Josh Eidelson and Brendan Case join this ep...

Sep 20, 202325 min

It’s Tough Being A Blue City In A Red State

Bloomberg Businessweek national political correspondent Joshua Green joins this episode to describe a political phenomenon that’s emerging in parts of the US: red states encroaching on blue cities. In Nashville, Austin and elsewhere, Republican legislatures have successfully used supermajorities to block liberal reforms and enact conservative policies. Read more: The Hostile Takeover of Blue Cities by Red States Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: ...

Sep 19, 202325 min

What Do Striking US Auto Workers Want?

On Friday, US auto workers started an unprecedented strike against all three of the legacy Detroit carmakers. If the standoff isn’t resolved quickly, it could ripple through the US economy. Bloomberg’s Detroit Bureau Chief David Welch joins this episode to talk about what the union is demanding–and whether the companies will give them what they want. Read more: How Auto Executives Misread the UAW and Ignited a Historic Strike Listen to The Big Take podcast every weekday and subscribe to our dail...

Sep 18, 202320 min

India Flexes Its Growing Global Power

There were many global issues on the table at the G-20 summit in New Delhi. But arguably the real center of attention at the India meeting was India itself–and the ambitious agenda of Prime Minister Narendra Modi. Bloomberg’s Sudhi Ranjan Sen and Daniel Ten Kate join this episode to discuss what came out of the gathering of leaders—and how India is asserting itself on the world stage. Read more: India’s Moment Has Arrived, and Modi Wants a New Global Order Listen to The Big Take podcast every we...

Sep 15, 202321 min

Low Pay, Long Hours, Rude Customers. Retail Workers Have Had It

Retail work has always been hard – long hours and weekend shifts on your feet, a lower pay scale and dealing with disgruntled customers. But in our post-pandemic economy, those issues have only been amplified with shoppers behaving badly and wages not keeping up with inflation, while employees take on ever-expanding roles. As a result, many workers are deciding the job just isn’t worth it. Bloomberg’s Devin Leonard and Rebecca Greenfield explain the decline of retail workers’ sense of value and ...

Sep 14, 202325 min

Carbon Capture’s Make Or Break Moment

Since the 1970s, carbon capture and storage (CSS) has been held up as one potential tool to help combat global warming. The idea is to capture carbon dioxide released in the production of fossil fuels like coal, oil and natural gas, and store it deep underground–instead of letting it escape into the atmosphere. But despite billions of dollars spent, the technology hasn’t quite lived up to expectations. Bloomberg’s Stephen Stapczynski and David Stringer report that now is the make or break time f...

Sep 13, 202326 min

‘Made In Mexico’ Is The New ‘Made In China’

For decades, companies looking to lower costs have resorted to offshoring—moving their manufacturing to China and other nations in Asia. But US-China tensions and a desire to simplify long, complex supply chains are now leading a growing number of businesses that serve US customers to do the reverse—“nearshoring.” They’re relocating some or all of their operations to Mexico. Bloomberg’s Maya Averbuch and Leda Alvim join this episode to talk about Mexico’s manufacturing boom in everything from el...

Sep 12, 202327 min

Companies Are Pressing Return-To-Office. Workers Want To Stay Remote.

By now, most people across the globe have returned to pre-pandemic routines like traveling and going to the movies. But when it comes to where they work, many remote employees want to leave their offices in the past. Bloomberg’s Matthew Boyle joins this episode to discuss companies’ ongoing battle to lure employees back to in-person work, and where the return-to-office movement has gained the most traction around the world. Read more: Return-to-Office Is a $1.3 Trillion Problem Few Have Figured ...

Sep 11, 202323 min

A Street Drug From Syria Is Alarming The US And Europe

A cheap, illegal amphetamine called captagon is raising alarm around the globe after circulating for years in the Middle East. The US and its allies say much of the world’s supply of captagon is made in Syria–and that the government of President Bashar Al-Assad is using captagon sales abroad to cushion the financial blow of Western sanctions on Syria. Bloomberg’s Sam Dagher and Samy Adghirni join this episode to describe captagon’s rise from 1960s German pharmaceutical to pervasive street drug, ...

Sep 08, 202328 min

Abandoned Electric Cars ‘As Far As The Eye Can See’

Growing sales of electric vehicles around the world have also come with growing pains. In China, outdated models no one wants pile up in vast EV graveyards. In Norway, tax breaks for electric car buyers have been so successful that the government faces a revenue shortfall. Bloomberg’s Linda Lew and Businessweek contributor Willem Marx join this episode to talk about the upsides—and downsides—of the EV boom. And Oslo city councilman Eivind Trædal explains why electric cars can sometimes make the ...

Sep 07, 202327 min

Want To Leave Apple For Android? Good Luck

The Apple “ecosystem” has tremendous appeal – sleek design, genius marketing and a myriad of products and services that are seamlessly compatible. This makes users feel at ease within its closed circuit. Unless they want to try something else. Bloomberg reporter Austin Carr decided to scale Apple’s walled garden to see if the grass was greener in the Android and Windows world. But his attempts to transfer his photos, messages and contacts to his new devices turned into a maddening, months-long s...

Sep 06, 202327 min

The Women Astronauts Who Shattered The Highest Glass Ceiling

In 1978, NASA opened its astronaut training program to women. Bloomberg space reporter Loren Grush recounts their challenges and achievements in her new book The Six: The Untold Story of America’s First Women Astronauts . She joins this episode to talk about the extraordinary careers of Sally Ride, Judy Resnik, Anna Fisher, Kathy Sullivan, Shannon Lucid and Rhea Seddon—and the mark each astronaut left on the history and future of space exploration. Read more: How NASA Chose Its First Woman In Sp...

Sep 05, 202328 min

TEAM FAVORITE: Dust Off Your Dice–Dungeons & Dragons Is Back

We're taking a break for the Labor Day Holiday in the US, so here's a favorite you might have missed . We'll be back at it tomorrow with a new episode. The tabletop roleplaying game Dungeons & Dragons is approaching its 50th anniversary and it has never been more popular, attracting players of all ages to its analog charms. Now Hasbro, the toy company that owns it, is betting D&D can be brought into the digital age and become a big moneymaker. Bloomberg correspondent Felix Gillette joins...

Sep 04, 202330 min
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