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Sam's Club CEO Chris Nicholas believes that consumers have remained consistent and rational despite growing uncertainty surrounding tariff effects on consumer goods. He spoke with Carol Massar and Tim Stenovec at the Bloomberg Philanthropies Global Forum to discuss consumer demand and the post tariff supply chain roadmap.See omnystudio.com/listener for privacy information.
United Nations General Assembly President Annalena Baerbock discusses the UN's current priorities and funding ahead of the debate of the 80th session of the UN General Assembly. She speaks with Carol Massar and Tim Stenovec on Bloomberg Television.See omnystudio.com/listener for privacy information.
Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the transition to cleaner energy. Kraken has been key to Octopus Energy’s growth and is already being licensed to other energy providers, with committed annual revenue increasing to $500 million in three years. Kraken has been key to Octopus Energy’s growth into the UK’s largest electricity supplier, leapfrogging industry incumbents to serve more than 7 million customers in the country. The software allows it to balance out power flows to households as energy-transition technologies like electric vehicles, home batteries, solar panels and heat pumps become more widespread. Chief Executive Officer Amir Orad joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to discuss the company's journey.See omnystudio.com/listener for privacy information.
Jeff Luhnow, CEO of Blue Crow Sports Group, discusses investing in sports franchises. Luhnow spoke with Bloomberg's Carol Massar, Tim Stenovec, and Julie Fine.See omnystudio.com/listener for privacy information.
President & CEO of the Brooklyn Navy Yard Lindsay Greene joined Bloomberg's Carol Massar and Tim Stenovec to discuss economic development in New York City and other metropolitan areas.See omnystudio.com/listener for privacy information.
Dan Ives, Global Head of Technology Research at Wedbush Securities, discusses Apple's unveiling of the iPhone 17 Air. Dan gives his view of where Apple stands in the AI race, and his position as Chairman of Eightco Holdings. He speaks with Bloomberg's Tim Stenovec and Carol Massar at the Future Proof conference in Huntington Beach, California.See omnystudio.com/listener for privacy information.
Alphabet’s Google will have to share some of its search data with competitors, but will not have to sell its popular Chrome web browser, a federal judge ruled Tuesday in the Justice Department’s landmark antitrust case against the search engine. The ruling allows Google to avoid one of the most severe remedy requests from the US government after the court found the company had an illegal monopoly in the search market. Judge Amit Mehta did bar Google from entering into exclusive contracts for internet search.The finding follows Mehta’s ruling last year that Google illegally monopolized the markets for online search and search advertisements. Mehta held a three-week hearing in April to determine a fix.The order is one of the most monumental court decisions affecting the tech sector in more than a quarter century, and could offer a blueprint for other judges who may end up weighing similar choices in cases against Meta Platforms, Amazon and Apple.For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with: Bloomberg Intelligence Global Head of Technology Research Mandeep Singh and Bloomberg News Senior Executive Editor for Global Tech Tom Giles See omnystudio.com/listener for privacy information.
The Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear.The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. While the details are still being sorted, the idea is for the US government to pay for the stake, one of the people said. Another cautioned that the plans remain fluid. Shares of Intel climbed as much as 8.9% on Thursday.For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with: Bloomberg senior executive editor for Global Tech Tom Giles Bloomberg News deals reporter Ryan Gould See omnystudio.com/listener for privacy information.
Mercado Libre CFO Martin De Los Santos tells Bloomberg that investments in e-commerce and fintech may add pressure, but he doesn't expect tariffs on Brazil to have a direct impact on his business. He speaks with Bloomberg's Carol Massar, Matt Miller, and Nina TrentmannSee omnystudio.com/listener for privacy information.
AstraZeneca may sell some of its medicines directly to patients in the US, according to Chief Executive Officer Pascal Soriot. AstraZeneca is looking to the US for growth, with Soriot saying the company will be self-sufficient in the US in a couple of months. He speaks with Bloomberg's Carol Massar, Tim Stenovec, and Madison MullerSee omnystudio.com/listener for privacy information.
Dallas Mavericks CEO Rick Welts speaks on their First Round draft pick Cooper Flagg and the plans for their newest arena. He speaks with Bloomberg's Carol Massar, Tim Stenovec, and Dallas Bureau Chief Julie FineSee omnystudio.com/listener for privacy information.
Google Cloud chief operating officer Francis deSouza discusses his unit's next wave of growth, AI strategy and more. He speaks with hosts Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
FUBU Founder & CEO Daymond John joins Bloomberg's Carol Massar and Tim Stenovec from the Uncharted Annual Summit in Southampton, New York. They talk entrepreneurship and brand building.See omnystudio.com/listener for privacy information.
Loeb Enterprises II President, CEO, & Founder Michael Loeb joins Bloomberg's Carol Massar and Tim Stenovec from the Uncharted Annual Summit in Southampton, New York. They talk entrepreneurship in the fintech space.See omnystudio.com/listener for privacy information.
Former Personal Capital Chairman & Founder Bill Harris joins Bloomberg's Carol Massar and Tim Stenovec from the Uncharted Annual Summit in Southampton, New York, to talk entrepreneurship.See omnystudio.com/listener for privacy information.
GoodRx CEO Wendy Barnes discusses how White House policies are impacting the company, and their recent earnings report. She speaks with Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
RJ Scaringe, Founder and CEO of Rivian and Bloomberg Technology Co-Host Ed Ludlow join Carol Massar and Tim Stenovec on set at the Blkoomberg Tech Event in San Francisco, CA. Scaringe spoke on expanding the company's EV portfolio and charging infrastructure.See omnystudio.com/listener for privacy information.
FCC chair Brendan Carr discusses the Trump administrations plans to get more commercial electromagnetic spectrum in the hands of wireless companies. He speaks with Carol Massar and Romaine Bostick from the 28th annual Milken Institute Global Conference.See omnystudio.com/listener for privacy information.
When asked about current US debt levels, Pimco’s Roman repeated something he heard from a private conversation with former Treasury secretary, Janet Yellen: “It’s not a problem until it becomes a problem.” He is joined by Bloomberg's Carol Massar and Romaine Bostick.See omnystudio.com/listener for privacy information.
Carlyle Group Co-Chairman David Rubenstein discusses Scott Bessent's comments at Milken, and how the business community is willing to be optimistic about tariffs. He speaks at the Milken Conference with Bloomberg's Romaine Bostick and Carol Massar.See omnystudio.com/listener for privacy information.
Caroline Pham, chair of the CFTC discusses how she is pleased with market performance amid recent volatility and that US markets are safe and healthy. She is joined by Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.
Whirlpool CEO Marc Bitzer discusses his company's quarterly earnings with Bloomberg's Tim Stenovec and Carol Massar.See omnystudio.com/listener for privacy information.
The “America First” trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US economy sinking alongside the dollar. As Wall Street’s rebellion against Donald Trump’s tariff war intensifies, traders are rushing into fixed-income havens.About $2 trillion was erased from the S&P 500, with the gauge down about 5%. The Russell 2000 of smaller firms extended its plunge from a 2021 all-time high to 20% on speculation the president’s trade offensive will stunt the American economy. The greenback slid 1.5%, reigniting the debate about its haven reputation during challenging times as the euro, yen and Swiss franc surged. Oil joined a selloff in commodities.All in, the much-vaunted America-first trade — buying up assets that win when the US outperforms the rest of the world — is reversing on concern that the steepest increase in American tariffs in a century will hammer economic growth.That’s driving a fierce rally in global bonds, sending the yield on benchmark Treasuries briefly below the closely-watched 4% level. Most other yields also tumbled as money markets priced in a 50% chance of the Federal Reserve delivering four quarter-point rate reductions this year.Trump has embraced tariffs as a tool to assert US power, revive manufacturing at home and extract geopolitical concessions. Economists say the near-term result of his measures will likely be higher US prices and slower growth, or perhaps even a recession.Listen for comprehensive coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Author and journalist Alison Kosik discusses her latest book, “What’s Up With Women and Money: How To Do All the Financial Stuff You’ve Been Avoiding” and shares her thoughts on gender equality, the gender pay gap and more with hosts Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Carnival Corp. sees no signs of weakening cruise demand despite concerns in the travel industry. The company's CEO, Josh Weinstein, reports strong onboard spending and no signs of consumers opting for cheaper options. He speaks with Bloomberg's Carol Massar and Tim StenovecSee omnystudio.com/listener for privacy information.
Jeetu Patel, Chief Product Officer at Cisco, speaks on how the company is positioning itself in the world of Artificial Intelligence. He speaks with Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.
Zillow CEO, Jeremy Wacksman discusses company earnings and revenue growth from 2024 amidst a challenged U.S. housing market. He is joined by Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Bloomberg's Carol Massar and Tim Stenovec discuss the latest Big Tech earnings featuring Apple and Intel. They speak with: Bloomberg News Technology Reporter Jackie Davalos Angelo Zino, Senior Equity Analyst at CFRA Research Bloomberg Technology Co-Host Caroline Hyde See omnystudio.com/listener for privacy information.
Bloomberg's Carol Massar and Tim Stenovec discuss the latest Big Tech earnings featuring Tesla, Meta and Microsoft. They speak with: Bloomberg Intelligence Senior Technology Analyst Mandeep Singh Bloomberg Technology Co-Host Caroline Hyde James Cakmak, Technology Analyst at Clockwise Capital Bloomberg Intelligence Senior Technology Analyst Anurag Rana See omnystudio.com/listener for privacy information.
Royal Caribbean CEO Jason Liberty joins to discuss the companies rise in shares after reporting a full-year profit forecast that exceeded expectations. The company also announced its entry into the river cruise market with a luxury brand, Celebrity Cruise, launching in 2027. He is joined by Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Netflix closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the return of Squid Game.The company added 18.9 million customers in the fourth quarter, according to a shareholder letter Tuesday. That was more than double what Wall Street expected and brought global subscribers at Netflix to more than 300 million. The company’s previous best was 15 million in the first quarter of 2020 — numbers driven by the onset of the coronavirus pandemic. For instant analysis and reaction, hosts Carol Massar and Tim Stenovec speak with Bloomberg Technology Co-Host Caroline Hyde and Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan.See omnystudio.com/listener for privacy information.
King Center CEO Rev. Doctor Bernice King, daughter of Martin Luther King Jr. and Coretta Scott King, speaks on her father's legacy, race relations in America, and the Trump presidency. She speaks with Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.
Carbone Fine Food CEO Eric Skae discusses the boutique food industry and his company's strategy for growth in the grocery aisle. He speaks with hosts Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Republican Mike Johnson won reelection as House speaker, overcoming resistance from a small but pivotal group of conservative hardliners after a flurry of last-minute talks and with the help of a critical endorsement from President-elect Donald Trump. For analysis of the moment Johnson reclaimed the gavel, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Balance of Power host Joe Mathieu. They also speak with Bloomberg's Tyler Kendall from Capitol Hill and get insight from Bloomberg politics editor Laura Davison. See omnystudio.com/listener for privacy information.
Flexject CEO Mike Silvestro discusses the world of private aviation and his company, which owns, operates and maintains a global fleet over around 300 aircraft including jets and helicopters. He speaks with hosts Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Carnival's initial outlook for 2025 bolstered confidence that record levels of cruise demand will continue into the new year. Carnival CEO Josh Weinstein says "in 2024, we had over 10% more new to cruise than we did the prior year... we can still increase our pricing as we've been doing the last few years and be an incredible value." He spoke about the cruise operator's earnings, outlook for next year and more with hosts Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
Israel reached a deal for a 60-day cease-fire with the Lebanese militant group Hezbollah after weeks of talks mediated by the US, a first step toward ending a conflict that's killed thousands of people. For reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Bloomberg National Security Team Leader Nick Wadhams and Bloomberg News Economy and Government reporter Galit Altstein.See omnystudio.com/listener for privacy information.
Israel reached a deal for a 60-day cease-fire with the Lebanese militant group Hezbollah after weeks of talks mediated by the US, a first step toward ending a conflict that's killed thousands of people. For reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Bloomberg National Security Team Leader Nick Wadhams and Bloomberg News Economy and Government reporter Galit AlSee omnystudio.com/listener for privacy information.
Nvidia, the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed to meet the highest expectations, suggesting that the company's dizzying growth run has its limits. For reaction and analysis, Businessweek hosts Carol Massar and Tim Stenovec speak with Bloomberg Technology cohost Caroline Hyde, Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani, Bloomberg News equities reporter Ryan Vlastelica and Bloomberg News earnings reporter Redd Brown See omnystudio.com/listener for privacy information.
Nvidia, the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed to meet the highest expectations, suggesting that the company's dizzying growth run has its limits. For reaction and analysis, Businessweek hosts Carol Massar and Tim Stenovec speak with Bloomberg Technology cohost Caroline Hyde, Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani, Bloomberg News equities reporter Ryan Vlastelica and Bloomberg News earnings reporter Redd BrownSee omnystudio.com/listener for privacy information.
Carolines on Broadway Founder & Owner Caroline Hirsch discusses the 20th annual New York Comedy Festival this November and the Stand Up for Heroes event. She spoke to Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.
Google parent Alphabet reported third-quarter sales that climbed more than analysts expected, helped by the growth of its cloud computing business. For instant reaction and analysis, hosts Carol Massar and Tim Stenovec spoke with Bloomberg Intelligence senior tech industry analyst Mandeep Singh and Bloomberg Technology co-host Caroline Hyde. See omnystudio.com/listener for privacy information.
Google parent Alphabet reported third-quarter sales that climbed more than analysts expected, helped by the growth of its cloud computing business. For instant reaction and analysis, hosts Carol Massar and Tim Stenovec spoke with Bloomberg Intelligence senior tech industry analyst Mandeep Singh and Bloomberg Technology co-host Caroline Hyde. See omnystudio.com/listener for privacy information.
Chairman of State Bank of India Challa Sreenivasulu "C.S." Setty joined Bloomberg's Carol Massar and Tim Stenovec to discuss the 2024 IMF meeting, the bank's expansion strategy, and India's and the global economic outlook. See omnystudio.com/listener for privacy information.
Ark Investment Management CEO, CIO, & Founder Cathie Wood discusses investing in OpenAI, artificial intelligence and growing towards the future. Wood spoke with Bloomberg's Tim Stenovec and Carol Massar.See omnystudio.com/listener for privacy information.
Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years. Port of Los Angeles Executive Director Gene Seroka spoke to Bloomberg's Carol Massar and Tim Stenovec about the strike that's threatening to ripple across the world's largest economy and cause political turmoil just weeks before the presidential election.See omnystudio.com/listener for privacy information.
Fortescue executive chairman and founder Andrew Forrest says the "perfect" getting in the way of the "good" is what's stalling the transition to clean energy in the US. He discusses his firm's zero emissions goals and more with hosts Carol Massar and Stephen Carroll.See omnystudio.com/listener for privacy information.
IMF Managing Director Kristalina Georgeiva says the US is in a good place when it comes to inflation, but warns that slow growth and high debt is something to worry about. She was interviewed by Bloomberg's Carol Massar and Stephen Carroll. See omnystudio.com/listener for privacy information.
Caroline Ellison was sentenced to 24 months in prison and ordered to forfeit $11 billion by a federal judge for her role in the FTX collapse, despite helping prosecutors in the conviction of Sam Bankman-Fried, her former boss and boyfriend. For instant reaction, hosts Carol Massar and Stephen Carroll speak with Bloomberg Law host June Grasso.See omnystudio.com/listener for privacy information.
CFTC Chairman Rostin Behnam discusses firms role in regulating cryptocurrency markets and preventing market manipulation. He also discussed utilizing artificial intelligence to enhance market surveillance and protect market integrity. He spoke to Bloomberg's Carol Massar and Stephen Carrol at the Bloomberg Global Business Forum.See omnystudio.com/listener for privacy information.