Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF . US President Donald Trump threatened to impose stiff financial penalties on Russia if it does not end hostilities with Ukraine, while pledging fresh weapons supplies for Kyiv. “We’re going to be doing very severe tariffs if we don’t have a deal in 50 days, tariffs at about 100%,” Trump said Monday during a meeting with NATO Secretary General Mark Rutte at the White House. Trump said the levies would come in the...
Jul 14, 2025•40 min
Cart.com was founded just over four years ago, and recently closed a $50 million funding round to bring the company's valuation to $1.6 billion. The company has grown rapidly and become one of the leading logistics and supply chain providers in the US. Revenue is nearing $400 million and the company has emerged as a viable pre-IPO candidate. Omair Tariq, the founder and CEO of Cart.com, discusses the business of logistics and transportation amid a global trade war. Omair speaks with Tim Stenovec...
Jul 14, 2025•12 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear 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 Bloombe...
Jul 11, 2025•1 hr 17 min
Watch Bloomberg Businessweek Daily every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar. The tariff level on Canada would take effect from Aug. 1, the president said. The announced rate is an increase from the current 25% tariff that’s imposed on US imports from Canada that a...
Jul 11, 2025•37 min
Ramaco Resources, Inc. and Ramaco Rare Earth, LLC are hosting a landmark ribbon cutting and groundbreaking ceremony on Friday, July 11, to commemorate the opening of the Brook Mine Carbon Ore Rare Earth project. It will be the first new rare earth mine in the United States in more than 70 years and first new coal mine in Wyoming in over 50 years. Randall Atkins, Chairman and CEO of Ramaco Resources, details the importance of the project to America's pursuit of reclaiming its leadership in critic...
Jul 11, 2025•9 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . MP Materials rose as much as 60%, the most intraday since the company’s IPO in 2020, after the firm struck a multibillion dollar public-private deal with the US Department of Defense to build a new magnet plant and expand rare earth capabilities, backed by $400 million in equity and a $1 billion loan commitment. Bloomberg Intelligence sees the company's public-private partnership with the Pentagon not only providing capital b...
Jul 10, 2025•48 min
IWG, formerly known as Regus, is a global provider of flexible workspace solutions. They offer a wide range of office solutions including serviced offices, co-working spaces, and virtual offices under various brands like Regus, Spaces, and Signature by Regus. IWG merged its digital assets with The Instant Group in 2022, creating a leading global marketplace for flexible workspace. Mark Dixon, the company's CEO, discusses the global commercial real estate market, specifically when it comes to fle...
Jul 10, 2025•8 min
Linda Yaccarino, who was hired two years ago by Elon Musk as chief executive officer of X, is stepping down less than three months after the social-media platform was absorbed by Musk’s artificial intelligence startup, xAI. “After two incredible years, I’ve decided to step down as CEO of X,” Yaccarino said in a post on X Wednesday. “I’ll be cheering you all on as you continue to change the world.” The former NBCUniversal executive was hired by Musk in May 2023 after he’d already fired or lost ab...
Jul 09, 2025•33 min
Payments and stablecoin firm Ripple Labs Inc. and crypto custodian BitGo Inc. have applied for national bank charters, joining a crush of upstart financial services companies seeking such approval. BitGo, which custodies billions of dollars in crypto assets for clients, is weighing an initial public offering as soon as this year, Bloomberg News previously reported. The custodian’s corporate structure already includes two state-regulated trust companies, one in New York and one chartered in South...
Jul 09, 2025•8 min
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early August while indicating he could announce substantial new rates on imports of copper and pharmaceuticals. The posturing on social media and at a Cabinet meeting on Tuesday came after traders initially shrugged off...
Jul 08, 2025•36 min
BSE Global, the parent company of the NBA's Brooklyn Nets, the WNBA's New York Liberty, as well as their home arena, Barclays Center, has built a business model across sports, entertainment, hospitality and media. The company believes that its array of multiple businesses enables it to enjoy operational leverage and extract cross-functional synergies. Sam Zussman, CEO of BSE Global, explains how Brooklyn's unique culture and history make it the ideal home base for the "experiential" powerhouse. ...
Jul 08, 2025•12 min
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea beginning Aug. 1. Trump also announced 25% rates on Malaysia and Kazakhstan, while South Africa would see a 30% tariff and Laos and Myanmar would face a 40% levy. The nations were the first in what the president ...
Jul 07, 2025•41 min
Featuring some of our favorite conversations from our visit to Michael Loeb's estate in Southhampton Long Island for the Uncharted Community Summit. Hosted by Carol Massar and Tim Stenovec Hear 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 Bloombe...
Jul 04, 2025•1 hr 16 min
Bonds fell and the dollar rose as stronger-than-forecast employment growth soothed concern the US economy is poised to slow, stanching speculation the Federal Reserve will need to cut interest rates any time soon. Stocks hit fresh all-time highs. Treasury two-year yields surged 10 basis points to 3.88%. Swap traders saw almost no chance of a July Fed cut, compared with a roughly 25% probability seen before the data. The chance of a move in September ebbed to about 70%. The S&P 500 climbed 0....
Jul 03, 2025•45 min
Collab Capital is a venture firm investing at the intersection of innovation and inclusion. It backs early-stage, tech-enabled companies addressing critical needs across workforce, healthcare and community infrastructure. On June 11, 2025, Collab announced the close of its second fund with $75 million in committed capital. Jewel Burks Solomon, Co-Founder and Managing Partner at Collab Capital, explains how she draws on her experience as the first Head of Google Startups in the United States to h...
Jul 03, 2025•9 min
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF . A rally in several big techs fueled gains in stocks, with the market extending its advance as President Donald Trump said he reached a trade deal with Vietnam. Treasuries fell as a selloff in UK bonds underscored deficit worries. The dollar was steady. Following earlier losses driven by weak jobs data, the S&P 500 rose to fresh all-time highs. Nike Inc. climbed alongside other apparel and footwear companies...
Jul 02, 2025•45 min
Amazon's robotics unit has just deployed its one millionth robot, building on its position as the world's largest manufacturer and operator of mobile robotics. This milestone robot was recently delivered to a fulfillment center in Japan, joining a global network that now spans more than 300 facilities worldwide. Tye Brady, Chief Technologist for Amazon's expansive robotics unit, explains how new AI technology will make the world's largest fleet of industrial mobile robots smarter and more effici...
Jul 02, 2025•13 min
Watch Bloombreg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF . Donald Trump’s $3.3 trillion tax and spending cut bill passed the Senate Tuesday after a furious push by Republican leaders to persuade holdouts to back the legislation and hand the president a political win. Senators voted 51-50 to pass the bill, with three Republicans — Susan Collins of Maine, Thom Tillis of North Carolina and Rand Paul of Kentucky, defying Trump to oppose the legislation. Vice President JD V...
Jul 01, 2025•43 min
Stephen J. Cloobeck, a self-proclaimed “fiscally conservative and socially responsible Democrat,” is running as a Democratic candidate for Governor of California in 2026. Touted by the likes of former President Bill Clinton, Robert Shapiro and Senator Cory Booker, Cloobeck says he is eager to be the navigator of change for what he refers to as the “broken” state. Cloobeck is also the founder and former CEO of Diamond Resorts International, and believes his significant business experience well he...
Jul 01, 2025•14 min
Watch Bloomberg Businessweek Daily every day on YouTube: http://bit.ly/3vTiACF . Apple Inc. is considering using artificial intelligence technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining its own in-house models in a potentially blockbuster move aimed at turning around its flailing AI effort. The iPhone maker has talked with both companies about using their large language models for Siri, according to people familiar with the discussions. It has asked them to trai...
Jun 30, 2025•38 min
Roaring returns for US IPOs are driving fresh optimism that activity will pick up steam later this year and into 2026, even as worries over geopolitics and President Donald Trump’s tariffs hang over the market. Led by triple-digit-percent increases for Circle Internet Group Inc. and CoreWeave Inc. — two of the year’s five largest initial public offerings on US exchanges — this year’s class of debutantes are trading up by a weighted average of about 53%, data compiled by Bloomberg show. That’s le...
Jun 30, 2025•12 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear 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 Bloombe...
Jun 28, 2025•1 hr 17 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump said he was ending all trade discussions with Canada after claiming the country moved to implement a digital services tax, and threatened to impose a fresh tariff rate within the next week. “Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of...
Jun 27, 2025•36 min
The overhauled US panel reviewing vaccine data backed the use of only thimerosal-free flu shots for Americans, taking aim at a little-used ingredient that has been falsely linked with autism despite decades of evidence showing it to be safe. The Advisory Committee on Immunization Practices, or ACIP, voted five to one Thursday with one abstention in a move that would curtail use of larger vaccine vials that use the preservative. Bloomberg News health reporter Damian Garde joins to discuss this an...
Jun 27, 2025•9 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Andrew Cuomo’s loss is Eric Adams’ gain. Just days ago, the New York City mayor faced steep reelection odds. His job-approval ratings had plunged to record lows after a federal corruption indictment. Support among Democrats fell even further when the Trump administration dropped the charges, raising questions about Adams’ indebtedness to the White House.But Adams, who dropped out of the campaign as a Democrat to run as an ind...
Jun 26, 2025•41 min
He’s a sports mogul, small-business influencer, media personality, health-care disruptor—and the ultimate Trump foil. Bloomberg Businessweek Senior Reporter Max Chafkin and Bloomberg News Health Care Reporter John Tozzi discuss how Mark Cuban’s Health-Care Gambit Seeds Influence for a Possible 2028 Presidential Run See omnystudio.com/listener for privacy information.
Jun 26, 2025•14 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . The indictment reads like a cinematic plot: A Harvard Fellow and another activist allegedly wanted to buy AK-47s, Stinger missiles and grenades to topple South Sudan’s government. What they lacked was enough cash.Now, Jane Street co-founder Robert Granieri concedes he put up the money — saying he was duped into funding the alleged coup plot. The role played by the wealthy recluse behind a Wall Street trading powerhouse emerge...
Jun 25, 2025•39 min
Bloomberg Businessweek Senior Reporter Amanda Mull break down how Gap, the iconic ’90s retailer, was on the precipice of death for years. Then CEO Richard Dickson finally had momentum for a comeback— and then came Trump. See omnystudio.com/listener for privacy information.
Jun 25, 2025•13 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Federal Reserve Chair Jerome Powell had plenty of opportunities Tuesday to tell lawmakers definitively the central bank will cut interest rates soon. He didn’t take any of them. Instead, Powell reiterated his view that policymakers need not rush to adjust policy, a counter to President Donald Trump’s demands and recent statements from Fed Governors Christopher Waller and Michelle Bowman that signaled the two would be open to ...
Jun 24, 2025•45 min
Tony Capaccio, Bloomberg Pentagon Reporter discusses how the US hit Iran, possible retaliation tactics, and next steps from the US to deter further conflict. Iran pledged to respond “proportionately and decisively” to US strikes at the weekend and Qatar suspended traffic over its airspace, amid signs American bases there could be targeted as the conflict between the Islamic Republic and Israel showed signs of boiling over. The Wall Street Journal reported that Iran was moving missile launchers f...
Jun 24, 2025•12 min
