Podcasts about economic club

Play Episode Listen Later May 21, 2026 24:08 Transcription Available

FedEx President and CEO Raj Subramaniam discusses how the company moves nearly $2 trillion worth of goods annually, its use of AI and data analytics, autonomous trucking, and the massive transformation underway inside FedEx. He also shares his personal journey from Kerala, India to becoming CEO of one of the world's largest transportation companies, including lessons from founder Fred Smith and the culture that continues to drive FedEx forward. Subramaniam is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 29 at the Economic Club of Washington DC. See omnystudio.com/listener for privacy information.

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Dr. Donald Boudreaux

Play Episode Listen Later May 18, 2026 59:49

George Mason University economist Don Boudreaux took the stage at the Economic Club of Minnesota on May 11, 2026, as a myth-buster with a simple but powerful challenge: compared to what? In his presentation on Trump's second-term tariffs, Boudreaux cut through the political noise by stacking 2025's economic performance against hard benchmarks, including 2024 and Trump's own first term in 2017. The numbers told a sobering story. Nonfarm employment grew at just 0.5% in 2025 versus 1.6% in 2017, manufacturing employment actually declined, unemployment rose, and all three major stock indices trailed their 2017 post-election performance. Boudreaux also shed light on a broader truth that rarely makes headlines: by historical standards, American households are dramatically better off than they were decades ago, with real net worth 80% higher than in 2001 and more than double what it was in 1994. His message was clear and grounded in evidence rather than ideology. Whether tariffs get credit or blame, the facts demand more than talking points. For an audience of Minnesota business leaders, policymakers, and students, Boudreaux delivered exactly what the Economic Club is known for: a speaker who moves the conversation well beyond the soundbites.

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Charlie Scharf

B2B Marketers on a Mission

Play Episode Listen Later Apr 30, 2026 22:47 Transcription Available

Wells Fargo Chairman and CEO Charlie Scharf says the independence of the Federal Reserve is "critically important" to the the US financial system, even as presidents weigh in on policy. In this wide-ranging interview, Scharf discusses the state of US economy amid tensions with Iran, as well as the risks and opportunities in private credit and AI. Scharf is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 20 at the Economic Club of Washington DC. See omnystudio.com/listener for privacy information.

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Ep. 216: Proven Strategies for CMOs in the Canadian Retail Sector

Play Episode Listen Later Apr 29, 2026 10:35

Proven Strategies for CMOs in the Canadian Retail Sector With the rise of AI, shifting consumer expectations, new market entrants, and increasing overhead costs, the Canadian retail landscape is under intense pressure. To survive and outpace the competition, retailers must adapt to rapidly evolving market dynamics, lead with courage, and be uniquely positioned in an ecosystem that's becoming increasingly crowded. So, what can Canadian CMOs and retailer leaders do to embrace change and make strategic decisions that will lead to true differentiation and sustainable, long-term growth? In this solo episode, Christian Klepp (Host of the B2B Marketers on a Mission Podcast) shares his exclusive takeaways from the DX3: Retail Reinvented Conference in Toronto. He explained how AI is disrupting the shopping experience, what authentic Canadian content looks like, and why brand stewardship is everyone's responsibility. Christian also talked about the leadership mindset required to successfully navigate a retail brand through turbulent times, and the importance of adapting even when the path isn't clear. He also highlighted the new shopper reality in Canada, the five key shifts in the modern shopping journey, and discussed what Canadian CMOs and retail leaders can do to stay ahead of the curve. This episode was sponsored by the Economic Club of Canada. https://youtu.be/E6-1X9PFRy8 Topics discussed in episode: [00:00] The Crossroads: Why the current economic and technological climate is a “make or break” moment for Canadian retail.[00:45] DX3 Trends: A front-row look at the core trends shaping the future of the industry.[01:40] The Tech Tsunami: How to build a resilient infrastructure that can handle the next wave of AI and machine learning.[03:30] Authenticity & Values: The intersection of influencers, local content, and core Canadian values.[04:40] Leading Through Turbulence: Why brand is everyone's responsibility and how to maintain leadership courage when the path is unclear.[06:45] The Human Behind the Screen: Understanding the “new shopper reality” and moving beyond data to find the person.[07:10] The Five Shifts: A breakdown of the modern shopping journey and final strategic advice for CMOs. Companies and links mentioned: Christian Klepp on LinkedIn Economic Club of Canada DX3: Retail Reinvented Conference Transcript Christian Klepp Christian Klepp 00:00 The business environment around us is changing quickly, and the retail sector is no exception. Canadian businesses continue to face significant challenges, from rising costs and evolving consumer expectations to rapid technological advances in AI intense global competition. So how can Canadian CMOs and retail professionals thrive despite these challenges, welcome to this episode of the B2B Marketers in a Mission Podcast, and I’m your host, Christian Klepp, today I’ll discuss what I’ve learned from a recent retail conference I attended and provide some key takeaways. I also wanted you to know that this episode is sponsored by the Economic Club of Canada. Okay, let’s dive in. So at the end of February, I attended a DX3 retail reinvented conference in downtown Toronto. It was an event where leaders, marketers and executives congregated to discuss challenges and opportunities that shape the future of retail in Canada. And today, I wanted to take you through my key learnings from that event to help you better position your teams for success. The DX3 conference covered a broad spectrum of topics essential for any CMO or retail professional today. So they cover the following topics, emerging market trends and the new shopper, reality, social commerce and the power of authentic content, retail media and its growing influence, Canadian identity branding in a globalized world, and also strategic leveraging of AI on the channels and sustainability to remain competitive so and as a B2B Marketer, I think it was really eye opening, you know, to hear how colleagues in the broader retail and B2B marketing ecosystem are managing these shifts and getting up to speed with new technologies also to help them thrive, right? One of the most prominent topics was, unsurprisingly, artificial intelligence, or AI. So there was the opening presenter, who was Adam Froman of Delvina, who set a powerful tone by stating, The next Tech tsunami isn’t coming. It’s already here. So some of the critical takeaways from Adam’s session on leveraging AI as a silent Copilot were as follows. So one was about closing the gap, right? So AI collapses that divide between knowing something and acting upon it, right? So it allows us to analyze customer insights, but it also helps us to optimize things like pricing, to create tailored experiences that competitors can’t easily replicate. Then there was that second topic that he talked about, with regards to operational intelligence and how you can use or leverage AI for inventory forecasting, task prioritization and also staff optimization. So it’s time to ditch those manual SOPs (Standard Operating Procedure) to reduce volatility and eliminate inefficiencies. The third one was a human element, so I think that almost goes without saying, right? So he’s not saying not to use AI, but he’s saying, while we should be embracing AI to stay ahead, we shouldn’t lose sight of our brand values, right? So as marketers, we need to inject the human element to ensure the customer trust is still there and it remains intact and isn’t jeopardized by faceless technology, right? So that was the first presentation. There was another one, which was a really interesting panel, and it was moderated by Jason Hunt of Merged Media that featured guests, Adrian Fuoco from Pizza pizza, and Tanya Kreinin from the University of Toronto. So they focused on the biggest threats and opportunities for Canadian retail, CMOs. So they had really practical but also hard hitting advice. And what do I mean by that, right? So they they talked about things like authentic content, right? So they suggested like for marketers in their campaigns to leverage micro and nano influencers. And why? Because authentic moments on social media often resonate better these days, with audience, with audiences, than highly polished, wildly expensive branded content, but we also need to think about how we can bring that authentic Canadian element into our content, those Canadian values around innovation and around kindness, around diversity, around that spirit of adventure. Right then there was a second topic of brand ownership, and this is something I think that people in the space has been, have been talking about for a long time, right? Because brand is no longer the sole responsibility of the marketing team. So in a retail context, that’s like, from the frontline staff to the delivery teams, everyone has to live and breathe the brand. Then the third topic, which I think was, is a really important one, because it’s talking about how to leverage or it focuses on the topic of data utilization. So it’s kind of like that old adage, like slowing down to speed up. So what does that mean? Right in the data co. Context, that means using the vast data that marketing teams have at their disposal to identify patterns in customer behavior and to continuously improve the customer experience. Navigating uncertainty was another theme. It was a recurring one. It’s one that we need to pay attention to, especially in these very challenging times. So it’s important for brands to also be able to, you know, be agile, flexible and adapt quickly to changing dynamic dynamics within the market, right? So there was another panel at the event with industry veterans Andrea Hunt from the Association of Canadian Advertisers, and Krista Cunningham from Revlon Canada. And they touched on how to lead through transformation. And there was really one great quote that stood out for me in that conversation, and it was something I think, that Krista Cunningham said, resilience is grit wrapped in grace. What that means is like they urge leaders to lead with courage over certainty, moving quickly and adapting even when the path isn’t perfectly clear. And their advice to retailers facing uncertainty was also very pragmatic, right? So the first one was to address the pain points, because the consumer landscape, as we all know, has shifted, you have to listen to your customers and adapt your products to their current challenges, not the ones they had two years ago. The second piece of advice was about making a case for relevance. So with new competitors entering the market daily, you must know why customers should care about you. And the last piece of advice is was lead with courage over certainty. So they encouraged us to be bold, to move quickly, adapt, fail fast and also lead with humility. The final session that I wanted to highlight featured two gentlemen. So one was Guewen Loussouarn, I hope I pronounced that correctly, from Haigo & Sid Lee Group and Johan Vakidis from Sid Lee North America, who presented an extensive study that Haigo and Sid Lee conducted on the new shopper reality in Canada. So they noted that while omni channel is now table stakes, the true differentiation lies from understanding the human on the other side of the screen. So they highlighted five key shifts for the modern shopping journey. So the first one is capturing attention. So basically, in an LLM (Large Language Models) world, you must be bold. Two consideration, you have to show the thing. So show the thing is like being direct, being direct in what you’re offering, being direct in what you’re what the benefits of your product are, or your service, right? Being direct in terms of how you’re different, being direct on how you help improve the customer journey, right? The third, the third shift was around conversion, so transparency is non negotiable, because fact checking is now effortless for customers. The fourth one is around loyalty, so focus on recognition and deep personalization and continuously improve the customer journey, right? And the last one is about post sales. So this stage is vital also for your long term credibility and reputation, right? So it’s not just important to help you know in terms of like, the customer conducting a purchase, but it’s also important to like, see what happens post sale or post stage, post purchase, right? In terms of like, how can, how they can get support if they have problems or questions, right? So these are very important key shifts that they highlighted, and that was a very interesting panel and conversation around that. So my time at the DX3 conference made it clear that while the tools such as AI are changing, the core mission of all retail remains about building trust, meeting unmet needs and bringing the human element back into our interactions with customers. So thank you for tuning into this episode. And if you enjoyed this recap, please remember to like and subscribe to our YouTube channel, and you can also listen to our show on Apple podcasts, Spotify, or wherever you get your favorite podcasts. And once again, this episode is sponsored by the Economic Club of Canada. Thanks again for tuning in. Take care, stay safe and talk to you soon.

The Honorable Paul S. Atkins of the Security Exchange Commission

Play Episode Listen Later Apr 24, 2026 61:42

Today, The Honorable Paul S. Atkins of the Security Exchange Commission provided remarks at The Economic Club of Washington, D.C. and then spoke with Economic Club Chairman David Rubenstein.

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Professor Mari Pangestu

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Play Episode Listen Later Apr 13, 2026 56:24

Against a backdrop of surging tariffs, fracturing alliances, and rising protectionist sentiment on both sides of the Atlantic and the Pacific, the Economic Club of Minnesota gathered to celebrate someone who has spent her entire career swimming against that current. Dr. Mari Elka Pangestu, economist, former cabinet minister, World Bank managing director, and now Indonesia's Special Envoy for International Trade and Multilateral Cooperation, received the Bill Frenzel Champion of Free Trade Award. The honor could not have come at a sharper moment. As Minnesota companies navigate the whiplash of new U.S. tariffs and retaliatory measures reshaping global supply chains, Pangestu offered something rarer than policy prescriptions: a long view, anchored in decades of experience navigating trade negotiations from Jakarta to Geneva to Washington.

The Geopolitical Power of Agriculture

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Play Episode Listen Later Apr 7, 2026 60:55

On March 30, the Economic Club of Minnesota hosted "The Geopolitical Power of Agriculture," bringing together CHS President & CEO Jay Debertin and CoBank CEO Tom Halverson for a candid conversation about the pressures facing American farmers. The verdict was sobering: row crop producers, particularly soybean and corn growers here in the Midwest, are caught in a perfect storm of depressed commodity prices, trade-driven uncertainty, and surging competition from Brazil. As the Minnesota Star Tribune reported, Halverson noted that the Midwest is the "epicenter" of struggles for row crops, while farmers raising livestock are faring comparatively well. Adding urgency to the discussion was the ongoing conflict in the Middle East, which both leaders warned could structurally reshape global ag markets. "There's not a producer in agriculture around the world that won't be impacted," Debertin said of the continuing conflict. Halverson cautioned that any short-term price bump from the disruption shouldn't be mistaken for stability, and that reopening key shipping routes won't happen overnight. Still, both leaders remained measured in their outlook. "We've had low commodity prices before. We've had high commodity prices before. Those are the cycles of agriculture," Debertin said — a reminder that while the headwinds are real, Minnesota's farmers and agribusinesses have weathered hard seasons before.

Jeremy Allaire

Play Episode Listen Later Mar 12, 2026 24:03 Transcription Available

Jeremy Allaire, Co-Founder, CEO and Chairman of Circle which operates the world’s largest regulated stablecoin network, sits down with David Rubenstein to discuss the company’s IPO last year, his long-term vision for Circle, and the role of artificial intelligence in the labor market. He’s on this week’s episode of “The David Rubenstein Show: Peer to Peer Conversations.” This interview was recorded January 15 at the Economic Club of Washington, DC.See omnystudio.com/listener for privacy information.

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C. Evan Stewart - William Henry Seward's Quest to Save the Nation-youtube

Tell Me Your Story

Play Episode Listen Later Mar 12, 2026 74:48

https://www.cevanstewartauthor.com/ C. Evan Stewart recently retired as a senior partner in an international law firm headquartered in New York City. Mr. Stewart is a visiting professor at Cornell University and an adjunct professor at Fordham Law School. In addition, he is a contributing columnist for the New York Law Journal, New York Business Law Journal, and the Federal Bar Council Quarterly; he has published approximately 300 articles on a variety of legal subjects, and is frequently featured in the national media and regularly speaks across the country on securities, professional responsibility, and complex litigation issues. In 2016, he received the Sanford D. Levy Award from the New York State Bar Association for his contributions to the field of legal ethics. Mr. Stewart is a member of the Council on Foreign Relations and the Economic Club of New York. He is also a Director and Treasurer of Humanities New York. Mr. Stewart has served as a Trustee of Cornell University, Westminster School, the American University of Bulgaria, the American Historical Association, the Young Women's Christian Association of the USA, YMCA Camping Services, and the Federal Bar Council. Mr. Stewart has been recognized by The Legal 500 since 2015, Super Lawyers since 2009, and has also been hailed as a Local Litigation Star by Benchmark Litigation. He is also recognized by The Best Lawyers in America in its securities litigation category. In 2016, Mr. Stewart received the Sanford D. Levy Award from the New York State Bar Association's Ethics Committee for his significant contributions to the field of professional responsibility. In 2008, he received the Modaq Content Award for writing the most popular article in the United States. Since 1980, Mr. Stewart has been AV(R) Peer Review Rated by Martindale-Hubbell. William Henry Seward and the Secession Winter (November 1860 – April 1861) The lively tale of a politically fraught era 165 years in the past and yet highly relevant today. In the winter of 1860-61, one man, William Henry Seward, Republican Senator from New York (the presumptive favorite for the 1860 Republican nomination for president; defeated by Lincoln on the third ballot), labored mightily to effectuate his plan to save the Union. Because of history's (and historians') heavy bias to portray Lincoln as almost a saint (see, for example, Jon Meacham's “And There Was Light: Abraham Lincoln and the American Struggle” (Random House 2022)), Seward's prodigious efforts have either been ignored, given short shrift, or looked upon as something less than honorable. This short book – based upon original archival research and a comprehensive review of secondary sources – tells the story of Seward's efforts. Counter-factual history is always an iffy business. But Seward's “plan” did help to keep the Upper South States in the Union during the months before the president-elect became the president. And had his counsel been followed after March 4th, perhaps the course of American History would have played out very differently.

General Paul Nakasone

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Play Episode Listen Later Mar 9, 2026 58:59

The Economic Club of Minnesota welcomed retired General Paul Nakasone, former head of U.S. Cyber Command and the National Security Agency, for a conversation that was equal parts sobering and inspiring. Nakasone opened with a stark reality check: unlike physical borders that can be patrolled and defended, cyberspace offers no natural boundaries. There are no oceans, no walls, no checkpoints standing between America's critical systems and those who wish to disrupt them. The threat is constant, it is evolving, and it arrives without warning. So, what separates the United States from its adversaries in this invisible battleground? According to Nakasone, the answer isn't hardware or budget, it's people. Talent is the decisive advantage. The nations that invest in developing skilled, thoughtful, principled individuals will be the ones that prevail in the conflicts of the 21st century. That leads to perhaps the most grounding message of his remarks: national security begins at home, and it begins with the individual. Security isn't just a government function or a Pentagon priority, it's a shared responsibility that starts with each of us, in our communities, our organizations, and our daily choices. For young people entering the workforce, Nakasone's prescription was refreshingly timeless. Three things matter above all else: the ability to think critically, the ability to communicate clearly, and good character. In an era dazzled by technical credentials and AI-powered tools, a general who spent decades at the intersection of intelligence and technology made the case that these enduring human qualities remain the foundation of everything. It was a powerful reminder that the most sophisticated cyber defense in the world still runs on people and that building those people starts now.

Is it too late for a Poilievre anti-Trump pivot?

The Line

Play Episode Listen Later Feb 27, 2026 62:50

In the latest episode of The Line Podcast, recorded on February 27th, 2026, Matt Gurney and Jen Gerson begin with a close look at what Pierre Poilievre had to say at the Economic Club in downtown Toronto this week. Matt liked much of the speech, aside from one section he considers pure fantasyland. Jen is far less impressed overall. Both hosts agree the message might have landed better a year ago, and both detect lingering signs of denial when it comes to how Conservatives are interpreting what's actually happening in Washington.They then head south, metaphorically, as Jen dissects the State of the Union delivered by Donald Trump. Matt didn't catch the entire speech but offers a few observations about Trump's delivery that Jen happily builds on. The conversation widens to include the Democrats, who, in the hosts' view, seem unusually committed to missing opportunities that are right in front of them.In the final segment, Matt and Jen turn to new polling that shows something odd unfolding out west. The Liberals are gaining traction in places where they traditionally struggle. Jen thinks she understands why. Even people who would never vote Liberal are quietly telling her they find themselves liking Mark Carney. The episode wraps with a brief discussion of Alberta's latest provincial budget, which Matt, speaking as an Ontarian, finds contains more than a few familiar elements.All that and more in the latest episode of The Line Podcast. Check out our main page at ReadTheLine.ca, and always remember to like and subscribe.

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The Elev8 Podcast

Play Episode Listen Later Feb 27, 2026 65:23

Mark Carney just landed in India, but the fire is at home.

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CTV National News for Thursday, Feb. 26, 2026: Poilievre takes firm stance against Trump during Canada-U.S. trade speech

CTV National News with Lisa LaFlamme

Play Episode Listen Later Feb 27, 2026 23:27

Mike Le Couteur examines Conservative Leader Pierre Poilievre’s speech on Canada-U.S. relations to the Economic Club of Canada on Thursday; A Canadian man with U.S. permanent residency shares his experiences while detained at an ICE processing centre for nearly four months. Andrew Johnson reports; Annie Bergeron-Oliver has more on the pushback from Canada's Sikh community after Ottawa downplayed threats of foreign interference by India.

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Governor J. Kevin Stitt of Oklahoma and Chair of the National Governors Association (NGA), and Governor Wes Moore of Maryland

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Play Episode Listen Later Feb 20, 2026 49:20

The Economic Club of Washington, D.C. welcomed The Honorable J. Kevin Stitt, Governor of Oklahoma and Chair of the National Governors Association (NGA), and The Honorable Gov. Wes Moore, Governor of Maryland and Vice-Chair of the NGA.As Chair and Vice Chair of the NGA, Governors Stitt and Moore discussed the NGA's initiative, Reigniting the American Dream, a bipartisan effort to expand economic opportunity, reimagine education, and prepare our energy systems for the future.

Secretary Scott Bessent

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Play Episode Listen Later Jan 20, 2026 65:10

We were delighted to welcome U.S. Secretary of the Treasury Scott Bessent to the Economic Club of Minnesota on January 8, 2026, for an engaging and timely conversation that drew more than 325 attendees from across the Twin Cities business and civic community. Secretary Bessent shared thoughtful insights on the state of the U.S. economy and the Treasury Department's priorities, touching on topics such as economic growth, fiscal responsibility, financial market stability, and expanding opportunity for Americans nationwide. In the discussion with moderator Michelle Caruso-Cabrera, he highlighted the importance of collaboration between the public and private sectors and reflected on how local and national leadership can work together to strengthen long-term economic resilience. The robust turnout and lively Q&A underscored our members' strong interest in economic policy and leadership, making the event a memorable and energizing gathering that advanced the Club's mission of fostering informed, civil dialogue on issues that matter most to our economy and communities.

* Gary Miles, Detroit Economic Club Board of Directors, Editor and Publisher of The Detroit News of the Detroit News

Michigan's Big Show

Play Episode Listen Later Jan 13, 2026 11:02 Transcription Available

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MBN On The Road | LRCC Economic Club Luncheon October 2025 Education Panel Discussion

Michigan Business Network

Play Episode Listen Later Jan 12, 2026 17:54

Originally uploaded October 7, reloaded Jan. 5th. Thursday, October 2, Lansing Regional Chamber's monthly Economic Club Luncheon at the Kellogg Hotel & Conference Center focused on Education. This video is a highlight reel from the hour-and-a-half event. The Lansing Economic Club for October hosted a dynamic panel discussion, Classrooms to Careers: Strengthening Workforce Pathways, highlighting innovative strategies to prepare students for meaningful careers and strengthen the local workforce. Thursday, October 2, 2025 11:30 a.m. – 1:30 p.m. Kellogg Hotel & Conference Center The program included: • Peter Spadafore, Executive Director, Michigan Alliance for Student Opportunity • Ben Shuldiner, Superintendent, Lansing School District • Dr. Steve Robinson, President, Lansing Community College • Jason Mellema, Superintendent, Ingham Intermediate School District • Bryan Benton, Assistant Manager, Michigan Chapter of the National Electrical Contractors Association. WHY IT MATTERS: This discussion highlights next steps Lansing leaders can take to strengthen workforce pathways, with outcomes that will directly impact both education and business in the region. Attendees and the public will learn what to watch for in the coming weeks as schools, colleges, and employers collaborate to prepare students for in-demand careers. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

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MBN On The Road | LRCC Economic Club Luncheon October 2025 Education Panel Media Availability

Michigan Business Network

Play Episode Listen Later Jan 12, 2026 5:59

Originally uploaded October 2, reloaded Jan. 6th. Thursday, October 2, Lansing Regional Chamber's monthly Economic Club Luncheon at the Kellogg Hotel & Conference Center focused on Education. This video is the pre-event media availability in the Red Cedar Room with 3 of the panelists highlighting their remarks. The Lansing Economic Club for October hosted a dynamic panel discussion, Classrooms to Careers: Strengthening Workforce Pathways, highlighting innovative strategies to prepare students for meaningful careers and strengthen the local workforce. Thursday, October 2, 2025 11:30 a.m. – 1:30 p.m. Kellogg Hotel & Conference Center The program included: • Peter Spadafore, Executive Director, Michigan Alliance for Student Opportunity • Ben Shuldiner, Superintendent, Lansing School District • Dr. Steve Robinson, President, Lansing Community College • Jason Mellema, Superintendent, Ingham Intermediate School District • Bryan Benton, Assistant Manager, Michigan Chapter of the National Electrical Contractors Association. WHY IT MATTERS: This discussion highlights next steps Lansing leaders can take to strengthen workforce pathways, with outcomes that will directly impact both education and business in the region. Attendees and the public will learn what to watch for in the coming weeks as schools, colleges, and employers collaborate to prepare students for in-demand careers. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

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Netflix Co-Founder Reed Hastings Talks AI, Future of TV

Bloomberg Talks

Play Episode Listen Later Dec 11, 2025 24:40 Transcription Available

Netflix Co-Founder Reed Hastings discusses artificial intelligence and the future of television. He speaks with Bloomberg's David Westin at the Economic Club of New York.See omnystudio.com/listener for privacy information.

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MBN on the Road | Lansing Regional Chamber Economic Club Highlight 25 Celebration of Regional Growth

Michigan Business Network

Play Episode Listen Later Dec 10, 2025 12:34

Thursday, November 13, 2025 MBN was on the road to the Kellogg Hotel & Conference Center of East Lansing, MI. This month's LRCC Economic Club luncheon featured this year's annual Celebration of Regional Growth. For those who attended or couldn't make it this is a 12 1/2 minute highlight of that program. As time permits we'll generate a journalized longer form video from this year's CORG. LANSING, MI – The Lansing Regional Chamber of Commerce (LRCC) proudly recognized five outstanding organizations today whose leadership and investments are helping to shape and transform the Greater Lansing region during the Celebration of Regional Growth (CORG) Awards, held at the Lansing Economic Club luncheon at the Kellogg Hotel and Conference Center on November 13, 2025. The Celebration of Regional Growth Awards honor businesses and institutions that have made significant contributions to the region's economic vitality, community well-being, and long-term prosperity. Since its inception, CORG has recognized more than 90 businesses that have collectively invested over $5 billion in the regional economy. This year's honorees exemplify the innovation, collaboration, and community spirit that define Greater Lansing's success: • Strikeout Baseball – Founded by Jeff Lazaros, with support from Lansing native and Major League Baseball Hall of Famer John Smoltz, Strikeout Baseball is creating opportunities for youth across the region through accessible, inclusive, and community-driven baseball programming. • McLaren Greater Lansing – Recognized for the opening of McLaren Grand Ledge, a $40 million freestanding emergency department and multidisciplinary medical campus in Delta Township that expands access to high-quality healthcare and strengthens the region's medical infrastructure. • Michigan State University Student Recreation and Wellness Center – A forward-thinking $200 million investment in student health and sustainability, this new facility provides state-of-the-art recreation spaces that promote well-being and serve as a model for future campus development. • IONETIX Corporation – A Lansing-based innovator advancing medical technology that supports cancer diagnostics and treatment. The company is expanding its operations in the Lansing region with a $25.75 million investment and a new Alpha Therapy and Therapeutics facility, creating high-tech jobs and strengthening the region's growing role in medical research and development. • Tailgaters – What began as a small donut shop has evolved into one of Greater Lansing's premier convenience destinations. Combining local ownership with national brands such as Dunkin' and Sunoco, Tailgaters continues to expand, create jobs, and give back to the communities it serves. The Lansing Regional Chamber of Commerce congratulates the 2025 CORG Award recipients and extends its gratitude to the many partners, sponsors, and community leaders who continue to make Greater Lansing a region of opportunity and growth. Special thanks go to program sponsors PNC Bank and Foster Swift Collins & Smith PC, as well as the Economic Club Series Sponsor, Mid-Michigan Business Travel Coalition; Printing Sponsor, BRD; Photography Sponsor, AA Studios; Event Management Sponsor, Michigan Premier Events; Official AV & Video Partner, Message Makers; and the Kellogg Hotel and Conference Center for hosting the event. For more information, visit LansingChamber.org About the Lansing Regional Chamber of Commerce: The Lansing Regional Chamber of Commerce works to help businesses connect, grow, and thrive. For nearly 125 years, the Chamber has served as the voice of the Greater Lansing business community. More information about the Chamber and its programs and services can be found online at lansingchamber.org ###

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Mayor Mike Duggan gives 'Exit Interview' at Detroit Economic Club

WWJ Plus

Play Episode Listen Later Dec 8, 2025 9:39

Detroit Mayor Mike Duggan reflecting on his time leading the city. He spoke at the Detroit Economic Club. WWJ's Tony Ortiz and Tracey McCaskill have the afternoon's top news stories.

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Kevin Hassett

Play Episode Listen Later Dec 4, 2025 23:53 Transcription Available

National Economic Council Director Kevin Hassett said he told President Donald Trump he would accept the nomination to replace Jerome Powell as Fed chair if the job was offered, adding that he would prefer a larger interest-rate cut when policymakers meet in December. He also discussed the negative impact of the recent government shutdown on GDP and the administration's strong legal standing on tariffs. Hassett appears on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This was recorded November 12 at the Economic Club of Washington DC.See omnystudio.com/listener for privacy information.

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Christophe Beck

ai minnesota beck christophe federal reserve bank minnesotans economic club ecolab christophe beck

Play Episode Listen Later Nov 26, 2025 58:58

On November 17, 2025, the Economic Club of Minnesota hosted a captivating fireside chat between Ecolab CEO Christophe Beck and Federal Reserve Bank of Minneapolis President Neel Kashkari, drawing a packed house of business leaders, policymakers, and curious Minnesotans eager for a pulse on the state's—and the nation's—economic trajectory. As head of Ecolab, a St. Paul-based global giant in water, hygiene, and infection prevention solutions, Beck brought a practitioner's lens to the discussion, sharing how the company is viewing and engaging with AI to improve Ecolab's performance. Christophe also discussed the deep commitment Ecolab has in the state and in the local economy and well-being of Ecolab's neighbors. Just that morning, at a separate event, Christophe and the Ecolab Foundation announced a collaborative investment to increase safe, stable, and affordable housing. Christophe Beck believes in "growing the pie" rather than taking the existing pie and trying to share more. Beck is an inspirational and energetic force.

What Business Owners Need to Know About ESOPs – Kelly Finnell

Behind The Numbers

Play Episode Listen Later Nov 25, 2025 31:50 Transcription Available

If you've ever wondered whether an ESOP could be the right succession or liquidity strategy for your business, this episode breaks it down in practical, owner-friendly terms. ESOPs continue to gain traction among business owners, advisors, and management teams looking for a tax-advantaged way to transition ownership while preserving company culture and leadership continuity. In this conversation, we take a clear-eyed look at how ESOPs actually work, who they're right for, and the real impact they can have on company performance. In this episode of Behind The Numbers With Dave Bookbinder, I'm joined by Kelly Finnell, president of Executive Financial Services and author of The ESOP Coach. Kelly has spent decades helping business owners evaluate ESOPs as part of their succession planning, and he brings both technical knowledge and real-world experience to the table. We discuss: The biggest myths and misconceptions business owners have about ESOPs How ESOPs compare to private equity, competitor sales, and management buyouts The traits that make a company a strong candidate for an ESOP – and the red flags How ESOP valuation works and how trustees influence deal dynamics What business owners should know about deal structure The cultural impact of employee ownership and why engagement tends to improve How leadership should communicate an ESOP to build an ownership mindset The key tax advantages that set ESOPs apart from other succession options Where ESOP efforts tend to go off track and what owners should watch for Whether you're a business owner planning ahead, a manager interested in ownership culture, or an advisor guiding clients through succession decisions, this episode provides a grounded, actionable look at ESOPs from someone who has been in the trenches. Subscribe to Behind The Numbers With Dave Bookbinder on your favorite podcast platform so you never miss an episode. If you enjoyed this conversation, please share it with your network and leave a review—it helps more business owners and advisors discover the show! About Our Guest: Kelly O. Finnell, J.D., CLU, AIF® is one of the nation's premier ESOP consultants, having spent more than 40 years helping business owners design and execute ESOPs. Kelly is one of the most sought-after speakers about ESOPs, with experience presenting at more than 300 conferences and meetings throughout the U.S. and abroad in London and Sydney. An accomplished writer, Kelly wrote the preeminent ESOP book, The ESOP Coach: Using ESOPS in Ownership Succession Planning in 2010 and this work remains the most comprehensive guide to ESOPs today. Kelly has also published dozens of articles on the use of ESOPs in Ownership Succession Planning, An active member of the National Center for Employee Ownership (NCEO) and The ESOP Association, Kelly is a consistent pillar of leadership in the ESOP community. Kelly has also served in leadership roles in numerous professional and community activities, including: President of the Memphis Chapter of the Society of Financial Services Professionals, Vestry Member and Treasurer of his church, President of Family Services of Memphis, as a member of the Board of Directors of Renasant Bank and the Economic Club of Memphis and on the Dean's Advisory Council at the Christian Brothers University School of Business. Kelly graduated magna cum laude from the University of Memphis and from the Cecil C. Humphreys School of Law. He earned the Accredited Investment Fiduciary- professional designation, awarded by the Center for Fiduciary Studies at the University of Pittsburgh. About the Host: Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries. Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers. He's on a mission to change the conversation about how the accounting world recognizes the value of people's contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company's most valuable asset.” Dave's book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions. He's also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.

ceo director university president business law society board pittsburgh business owners countries valuations national center treasurers advisory council family services esop clu aif economic club esops accredited investment fiduciary renasant bank memphis chapter

The Honorable Kevin A. Hassett, PhD, Director, National Economic Council

Play Episode Listen Later Nov 13, 2025 50:38

The Honorable Kevin A. Hassett, PhD, Director, National Economic Council spoke with David M. Rubenstein, Chairman of The Economic Club of Washington, D.C.Their conversation, among other things, touched upon the economic issues shaping our future, from the Federal Reserve to inflation to tariffs and the transformative impact of aritificial intelligence.

director washington phd federal reserve honorable national economic council economic club hassett david m rubenstein phd director

David Solomon

Play Episode Listen Later Nov 6, 2025 22:44 Transcription Available

Goldman Sachs Chairman & CEO David Solomon says the US debt risks a "reckoning" of the economy if the pace of growth doesn't improve. He also says he sees a "low" chance of recession in the near-term and comments on the future of the US dollar as the reserve currency of the world. Solomon sat down for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations at This interview was recorded October 30 the Economic Club of Washington DC.See omnystudio.com/listener for privacy information.

washington dc economic club david solomon david rubenstein show peer

David M. Solomon, Chairman of the Board of Directors and Chief Executive Officer, The Goldman Sachs Group, Inc.

ceo ai washington small business chief executive officer goldman sachs chief executives board of directors david m economic club chairman of the board david m rubenstein

Play Episode Listen Later Nov 4, 2025 44:37

David M. Solomon, Chairman and CEO of Goldman Sachs, joined #EconClubDC for a Signature Event conversation with David M. Rubenstein, Chairman of The Economic Club of Washington, D.C.Solomon reflected on leadership, market resilience, and the power of adaptability in a changing global economy. He discussed Goldman Sachs's 10,000 Small Businesses initiative, the importance of central bank independence, and the transformative potential of AI across industries. The conversation offered candid insights into fiscal policy, long-term growth, and how technology and innovation will continue to shape the future of global finance.

BLAME GAME: Target layoffs, OpenAI vs. China, Hormel's recall, F5's cyber breach, and future terror

Business Pants

Play Episode Listen Later Oct 28, 2025 53:44

Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.DAMIONAmazon to announce largest layoffs in company history, in AI push. WHO DO YOU BLAME?Former CEO Jeff BezosAICovid (This wave of layoffs results from overhiring during the pandemic)Executive Chair and largest shareholder Jeff BezosF5 Expects Revenue Hit From Cyber Attack. F5, a $20B billion technology company with impressive gross profit margins of 81%, experienced a cybersecurity incident involving unauthorized access to certain company systems by a sophisticated nation-state threat actor. WHO DO YOU BLAME?The Risk committee: Dreyer, Klein, Montoya, Budnik*Chair Marianne Budnik is deemed to have Cybersecurity experience because she serves as a Chief Marketing Officer in the cybersecurity industryPeter Klein was the CFO at Microsoft for less than 4 years, then was the CFO for WME for 6 months and then has only been a director since 2014.Risk committee member Michael Montoya specifically. F5 revealed that the director mysteriously resigned in the same filing it disclosed the cyberattack, despite having served for only 4 years. According to the proxy, had “extensive experience as an information security executive.” Following his resignation from the Board, Mr. Montoya continued his service with the Company and has been appointed as F5's Chief Technology Operations Officer.The entire board, for doing dumb modern day board things: announced that CEO François Locoh-Donou, would assume the additional role of Chair of the Board following the Company's next Annual Meeting of Shareholders 12 days after they announced the cyberattack.Investors. 98% YES average this year: 7 over 99.2%, including Risk Committee Chair Marriane Budnik with 99.6%. Nobody feels like they have to work hard to impress anyoneF5! It's a god damn cybersecurity company!How climate change is fueling Hurricane Melissa's ferocity. WHO DO YOU BLAME?Exxon CEO Darren Woods because he sued his own shareholders last year: Arjuna Capital, LLC and Follow ThisExxon CEO Darren Woods because just yesterday: Exxon sues California over new laws requiring corporate climate disclosuresExxon CEO Darren Woods because gas and oilClimate ChangeOpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil' WHO DO YOU BLAME?The fear-and-spending geniuses behind the original Cold War: Truman, Stalin, ChurchillPeople who historically ignored Eisenhower and his statements on the U.S. military-industrial complex when he explicitly warned that defense contractors and the military could exert undue influence on government policy. Sound familiar?Anyone who empowered the board to not be empowered when they tried to fire Sam Altman for such reasons as:Conflicts over OpenAI's rapid growth and direction, especially the tension between aggressive AI deployment vs. safety oversight.Power dynamics between Altman, key researchers, and board members — some may have felt he had too much unilateral control.The college that let Sam Altman drop outSammy Altman Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot. WHO DO YOU BLAME?The entire Compensation, Performance Management and Culture CommitteeThese two long-tenured Compensation, Performance Management and Culture Committee membersDiana L. Taylor* 10 other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Peter B. Henry*8 other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)The lowest common denominator effect of bank compensation committees:Wells Fargo CEO Charlie Scharf: ~$30M special equity grant tied to becoming Chair as well as CEO (3 months after meeting)Goldman Sachs: CEO David Solomon & COO John Waldron ~$80M each (retention RSUs vesting in ~5 yrs)KeyCorp: CEO Chris Gorman & four other senior execs: ~$8M for Gorman; ~$17M combined for the five NEOsThe passive ownership (re: management-friendly) of BlackRock, State Street, and Vanguard (combined 22%): without their votes at Goldman then Say on Pay was nearly tied, which might have dissuaded the year of one-off bonuses for banking CEOs??The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO [Sunny Verghese, CEO of food and ag company Olam Group] says. WHO DO YOU BLAME?The world's top 28 richest people (those worth ~$160 B each) together would equal $4.5 trillionThe world's greatest sycophant Tesla chair RobynDenholm: “On the pay package specifically: “It's not about the money for him. If there had been a way of delivering voting rights that didn't necessarily deliver dollars, that would have been an interesting proposition.”Any two of these basically redundant techbro companies' market caps would sufficeNvidia ~$4.2 trillion Microsoft ~$3.8 trillion Apple ~$3.1 trillion Amazon ~$2.4 trillion Alphabet ~$2.2 trillion Meta Platforms ~$1.8 trillion Broadcom ~$1.3 trillion Taiwan Semiconductor Manufacturing Company ~$1.2 trillionBill Ackman. Because he's a douche.MATTTarget is eliminating 1,800 roles as new CEO Michael Fiddelke gets set to take over the struggling retailer - WHO DO YOU BLAME?Current CEO Brian Cornell, who's “stepping down” to the role of Executive Chair - which is basically still CEO, just on the board and doesn't have to talk to employees anymore, so he can eliminate 1800 jobs and then fade away into a multimillion dollar unaccountable board roleFuture CEO Michael Fiddelke, who starts February 1, 2026, but is current COO and was forced to send the memo to employees telling them 8% of the workforce will be cutMonica Lozano, chair of the compensation and human capital management committee of the board, who's also on the BofA and Apple boards and is the most connected board member at a highly connected board - does the chair of the human capital committee have to weigh in on firing?OpenAI - the memo makes zero mention of the fact that part of Target's problem is that it shit on gays and blacks because of a feckless internet toad named Robby Starbuck, but feels very written by AI which would account for phrases like:“Adjusting our structure is one part of the work ahead of us. It will also require new behaviors and sharper priorities that strengthen our retail leadership in style and design and enable faster execution so we can: Lead with merchandising authority; Elevate the guest experience with every interaction; and Accelerate technology to enable our team and delight our guests.”Does anyone know what that word salad actually means? Doesn't it just mean “you're fired because we basically sucked at our jobs”?Hormel recalls 4.9M pounds of chicken possibly 'contaminated with pieces of metal' - WHO DO YOU BLAME?The audit committee, the closest committee responsible for enterprise risk (ie, metal in chicken) - Stephen M. Lacy, William A. Newlands (also lead director), Debbra L. Schoneman, Sally J. Smith (chair), Steven A. White, Michael P. ZechmeisterThe governance committee - James Snee, the now retired CEO who retired somehow in January but the company still hasn't found a permanent replacement 9 months later - so they're being run by Jeff Ettinger, interim CEO? Chair Gary C. Bhojwani, Elsa A. Murano, Ph.D., William A. Newlands (also lead director), Debbra L. Schoneman, Steven A. WhiteThe one black guy on the board - Steve White - who works at Comcast, is somehow qualified to be on Hormel board, and is on BOTH the audit committee AND governance committeeThe conveyor belt that spit pieces of metal as large as 17mm long into “fire braised chicken” sent to hotels and restaurantsCervoMed appoints McKinsey veteran David Quigley to board of directors - WHO DO YOU BLAME? Board is 2 VCs, a longtime biotech CFO, and five MD/PhDs. And among those 8, there are just two woman - the co-founder/wife of the CEO and a VC. And when they did their search, they could only find a longtime professional opinion haver - a consultant from the big three?Nominating committee for lack of imaginationEx or current McKinsey, Bain, and BCG employed directors - the opinion industrial complex - make up a whopping 4% of ALL US DIRECTORSAmong boards with MULTIPLE ex opinion directors: Kohl's is 25% consultantStarbucks is 27% consultantDisney is 30% consultantsWilliams-Sonoma is 38% consultantCBRE is 40% consultant!Nominating committee chair Jane Hollingsworth, for not looking around the room and saying, “hey dudes, can we add, like, maybe, ONE other lady?”Co founders Sylvie Gregoire and John Alam (also CEO) who own 17.3% of voting power - add in Josh Boger, board chair and 12.3% voter, and you basically have the CEO daddy and his buddy Josh with 29.6% of voting controlSylvie and John's bios, which neglect to mention they're married to one anotherWe are all terrified of the future - which headline is worse for your terror? WHO DO YOU BLAME?The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO saysBill Gates Says Climate Change ‘Will Not Lead to Humanity's Demise' - ostensibly because billionaires in bunkers will, in fact, survive on cans of metal-filled Hormel chili.Sorry, Yoda. Mentors are going out of styleMan Alarmed to Discover His Smart Vacuum Was Broadcasting a Secret Map of His HouseJennifer Garner's baby food company is going public on the NYSE — should investors be putting their eggs in this basket?Woman Repeatedly Warned by Canadian Exchange Not to Transfer Crypto, Gets Scammed AnywayOpenAI completes restructure, solidifying Microsoft as a major shareholder - MSFT owns 27%, the non profit which controlled the company “for the benefit of humanity” now will only control it for 26% of humanity?Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says - IF MUSK LEAVES, WHO DO YOU BLAME?Robyn Denholm, board chair, whose job it is to manage Musk, but does it like an overwhelmed permissive mother who parents with chocolate and Teletubbies when the kid has a tantrumKimbal Musk - I was told by a bunch of directors and institutional investors at a conference, no joke, that Kimbal was still on the board (ie, not voted out) to control his brother's ketamine intake and crazy episodes. So if he throws a tantrum and leaves, isn't it bro's fault? This is a binary trade - Musk gets extra pay/control, stock goes up and isn't de-meme'd. Musk doesn't, he leaves and the stock is de-meme'd and drops arguably by 66% or more to be more like a car company with some tech. So do we blame investors, no matter what they do? They meme'd the stock in the first place, he couldn't get a trillion extra dollars if they hadn't pumped up the stock - and now they could vote with humanity (no pay) or meme capitalism (pay)!Techbro middle school conservatism - is this Ben Shapiro and Joe Rogan's fault? A Yale economist paper suggests that Musk's politics cost between 1 and 1.26 million Tesla car sales… Would we even be worried if Musk stayed out of politics? Wouldn't the market have just paid him whatever?Pop quiz: which directors stay on the board if Musk leaves in a tantrum?Jeffrey StraubelKimbal MuskRobyn DenholmJames MurdochKathleen Wilson-ThompsonIra EhrenpreisJack HartungJoe Gebbia

ceo amazon california friends ai power china apple sound board elon musk microsoft risk target humanity pop tesla llc ceos terror investors council coo joe rogan cybersecurity yale cfo elevate cyber vc mentors openai klein adjusting chief marketing officers mckinsey recall joseph stalin layoffs alphabet yoda conflicts compensation accelerate blackrock breach comcast demise goldman vanguard dwight eisenhower bain vcs blame game sam altman ben shapiro 8m altman gorman kohl annual meetings montoya nyse exxon bcg overseers shareholders performance management 9m broadcom teletubbies state street national bureau f5 dreyer executive chair 20b msft meta platforms bofa 17m economic club wme nominating steve white hormel mailman school rsus analog devices jane fraser kimbal new york board goldman sachs ceo david solomon robyn denholm

F3 | Keynote: Second Cold War: Where Supplies Chains are the Front Line

FreightCasts

Play Episode Listen Later Oct 27, 2025 52:21

A leading authority on China's economy and financial system, Leland is the co-founder and CEO of China Beige Book International.Leland is a frequent commentator on media outlets such as CNBC, Bloomberg TV & Radio, CNN, BNN, BBC, and FOX Business, and he has served as a guest host of two of the financial world's top morning news shows, CNBC Squawk Box and Bloomberg Surveillance. His work is featured regularly in the Wall Street Journal, New York Times, Washington Post, TIME, New Yorker, The Atlantic, Forbes, Foreign Policy, The Hill, and South China Morning Post.Before co-founding China Beige Book in 2010, Leland was a capital markets attorney based out of New York and Hong Kong and worked on the deal team at a major investment bank. He holds a law degree from the University of Virginia School of Law, where he was Hardy C. Dillard fellow and editor-in-chief of the International Law Journal; a master's degree in Chinese History from Oxford University; a BA in European History from Washington & Lee University; and a graduate Chinese language fellowship from Tunghai University (Taiwan).Leland is an elected member of the National Committee on U.S.-China Relations and Economic Club of New York, an elected life member of the Council on Foreign Relations, a board member of the Global Interdependence Center, and a non-resident Senior Fellow at the Brent Scowcroft Center on International Security at the Atlantic Council. Learn more about your ad choices. Visit megaphone.fm/adchoices

F3 | Keynote: Second Cold War: Where Supplies Chains are the Front Line

FreightWaves LIVE: An Events Podcast

Play Episode Listen Later Oct 27, 2025 52:21

A leading authority on China's economy and financial system, Leland is the co-founder and CEO of China Beige Book International.‍Leland is a frequent commentator on media outlets such as CNBC, Bloomberg TV & Radio, CNN, BNN, BBC, and FOX Business, and he has served as a guest host of two of the financial world's top morning news shows, CNBC Squawk Box and Bloomberg Surveillance. His work is featured regularly in the Wall Street Journal, New York Times, Washington Post, TIME, New Yorker, The Atlantic, Forbes, Foreign Policy, The Hill, and South China Morning Post.Before co-founding China Beige Book in 2010, Leland was a capital markets attorney based out of New York and Hong Kong and worked on the deal team at a major investment bank. He holds a law degree from the University of Virginia School of Law, where he was Hardy C. Dillard fellow and editor-in-chief of the International Law Journal; a master's degree in Chinese History from Oxford University; a BA in European History from Washington & Lee University; and a graduate Chinese language fellowship from Tunghai University (Taiwan).Leland is an elected member of the National Committee on U.S.-China Relations and Economic Club of New York, an elected life member of the Council on Foreign Relations, a board member of the Global Interdependence Center, and a non-resident Senior Fellow at the Brent Scowcroft Center on International Security at the Atlantic Council. Learn more about your ad choices. Visit megaphone.fm/adchoices

Musk's robot army, East Wing payoffs vs. NBA scandals, and Benioff the Protector

Business Pants

Play Episode Listen Later Oct 24, 2025 63:11

Story of the Week (DR):Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boota one-time equity award (the Award), consisting of Restricted Stock Units (RSUs) with a grant date value of $25 million and 1.055 million Citigroup stock optionsthe Compensation, Performance Management and Culture CommitteeDuncan P. Hennes (Chair)*Peter B. Henry*Other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)Renée J. JamesOther directorships: Oracle Corporation, Sabre Corporation, Vodafone Group Plc, President's National Security Telecommunications Advisory Committee (Member and Prior Chair), and University of Oregon (Trustee)Gary M. Reiner*Diana L. Taylor*Other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Casper W. von KoskullCommittee Meetings in 2024: 15Citi elected CEO Jane Fraser as ChairJohn Dugan, who served as Chair of Citi's Board since 2019, will become Lead Independent DirectorCEO armies MMElon Musk Wants ‘Strong Influence' Over the ‘Robot Army' He's BuildingIn a Tesla earnings call Wednesday, the world's richest man pondered the future of his company's Optimus robots—and his control over them.“If we build this robot army, do I have at least a strong influence over this robot army?” he told investors. “Not control, but a strong influence… I don't feel comfortable building that robot army unless I have a strong influence.”His repeated use of the word “army” certainly stands out, suggesting the robot could eventually be used as a weapon. Is Musk considering having his robots be deployed as soldiers?Elon Musk Threatens to Leave Tesla if Shareholders Don't Approve His Trillion-Dollar Pay Package – Warns, “Which Other Automotive CEO Would You Like to Run Tesla Because It Won't Be Me”Secret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyThe ongoing CEO/Trump Oligarchical BromanceTrump pardons convicted Binance founder Changpeng ZhaoZhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.Zhao's plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family's own crypto venture, which has generated about $4.5 billion since the 2024 election, has been helped by “a partnership with an under-the-radar trading platform quietly administered by Binance.”NBC News, citing a public disclosure filing from Monday, reported that Binance in September had retained the services of the lobbyist Charles McDowell, who is a friend of the president's son, Donald Trump Jr.Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc BenioffHere are the donors contributing to Trump's White House ballroomIn summary: techbros, oil, tobacco, cryptoCorporationsAltria Group, tobacco (donated $1 million to Trump's 2025 inauguration fund)Amazon (donated $1 million to Trump's 2025 inauguration fund)Apple (donated $1 million to Trump's 2025 inauguration fund)Booz Allen HamiltonCaterpillarCoinbase (donated $1 million to Trump's 2025 inauguration fund)In February, the SEC dropped a pending case against the firm.Comcast Corporation (donated $1 million to Trump's 2025 inauguration fund)Google (donated $1 million to Trump's 2025 inauguration fund)$22 million toward the ballroom came from a settlement Trump reached with the Google-owned video site YouTube, ending a lawsuit he brought over the company's 2021 decision to suspend his account in the wake of the Jan. 6, 2021, attack on the U.S. Capitol.Hard Rock InternationalHP Inc.Lockheed MartinIn an emailed statement, the company said it was “grateful for the opportunity to help bring the President's vision to reality and make this addition to the People's House, a powerful symbol of the American ideals we work to defend every day.”Meta Platforms (donated $1 million to Trump's 2025 inauguration fund)In January, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by Trump that alleged the company's suspension of his social media accounts after the Jan. 6, 2021, attack on the U.S. Capitol amounted to an act of censorship.Micron Technology (donated $1 million to Trump's 2025 inauguration fund)MicrosoftNextEra Energy (donated $1 million to Trump's 2025 inauguration fund)Palantir TechnologiesHas won hundreds of millions of dollars in new and expanded business since Trump's second term began, including contracts at the FAA, CDC, and further contracts with the U.S. military.Ripple (donated $4.9 million to Trump's 2025 inauguration fund)In March, the company's CEO announced that the SEC would drop its long-running litigation over whether its cryptocurrency is a security.Reynolds American, tobacco company.T-MobileTether AmericaThe company, which has ties to Commerce Secretary Howard Lutnick, is the issuer of the world's largest stablecoin, a type of cryptocurrency designed to hold a steady value.Union Pacific RailroadIndividualsStefan E. Brodie: an American businessman, convicted felon, and political donor known for co-founding The Bro-Tech Corporation (Purolite Company), a chemical manufacturing firmHarold Hamm: the billionaire oil executive played a key role in helping Trump raise funds from oil industry donors during the 2024 electionBenjamin Leon Jr., the health-care company founder was nominated as U.S. Ambassador to Spain in March.The Lutnick Family: Commerce Secretary Howard Lutnick is a billionaire and former Wall Street executive.Isaac “Ike” Perlmutter: former Marvel NEO who donated over $25 million towards the 2024 Republican campaign.Stephen A. Schwarzman: Blackstone CEO who donated $40 million to Republican organizations for last year's election.Konstantin Sokolov: private equity investor.Kelly Loeffler and Jeff Sprecher: Loeffler is head of the Small Business Administration; Sprecher is CEO/CHair/founder of Intercontinental ExchangePaolo Tiramani: founder of prefabricated homes company BOXABL Cameron Winklevoss and Tyler Winklevoss: co-founders of crypto platform Gemini.Activist investor group that includes Travis Kelce aims to revive struggling Six FlagsTravis Kelce is part of an activist investor group (with JANA Partners and others) that has acquired roughly a 9 % economic interest in Six Flags. The group's stated intention is to engage with Six Flags' management and board to improve performance, guest experience, marketing, etc. In the reporting by Reuters, it explicitly says that “Consumer executive Glenn Murphy and technology executive Dave Habiger … could, along with Kelce, serve as potential board nominees.”Goodliest of the Week (MM/DR):DR: Hundreds of Power Players, From Steve Wozniak to Steve Bannon to Richard Branson, Just Signed a Letter Calling for Prohibition on Development of AI Superintelligence"Nobody developing these AI systems has been asking humanity if this is OK."The letter cites recent polling from FLI, which was cofounded by the Massachusetts Institute of Technology professor Max Tegmark, showing that only five percent of Americans are in favor of the rapid and unregulated development of advanced AI toolsMM: Linda McMahon mixed up AI and A.1. — so of course now the steak sauce is all over itAssholiest of the Week (MM):Robot armies DRSecret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyElon Musk defends $1 trillion pay package: ‘I just don't feel comfortable building a robot army here and then being oustedMeta tells some employees their jobs are being replaced by tech: read the memoAWS Outage That Took Down Internet Came After Amazon Fired Tons of Workers in Favor of AIUS firm's Star Wars-style humanoid robot soldier brings sci-fi to battlefield2024: What Is a ‘Clanker'? New Slur for Robots Catches On (it's also from Star Wars)Fake retirementJeff Bezos Says He's the 'Least Retired Person in the World'...And He'll 'Never Retire Because Work Is Too Much Fun'In our data, there are 251 US board chairs that are executives at the company, WERE the CEO, but are NOT the CEO now - that's 251 Jeff Bezos' who get paid like a CEO to work how they want without any accountabilityThey don't give press conferences or earnings callsThey don't answer to the CEO, they answer to themselvesThey control the board without having to answer to it122 of them are NOT family or founder firms - meaning they were just the CEO and they're sticking aroundThat includes Donald Umpleby at CaterpillarAt Schwab, Charles Schwab is a CO-chair with ex-CEO Walter Bettinger II, and the board has a THIRD CEO on it in Richard WursterThe average TSR performance of these people is .477 - below averageIn zero situations is it worth having any of these people on the boardBoysTrump says Jensen Huang and Mark Benioff helped convince him not to send troops to San FranciscoCiti CEO's $25 Million Bonus Is Excessive, Top Bank Analyst Mike Mayo SaysElon Musk got feisty about his $1 trillion pay package in the final minutes of Tesla's earnings callMicrosoft CEO Satya Nadella's annual pay jumps to $96.5 millionPalmer Luckey says he told Anduril investors they can't complain if he takes time off to be on 'Survivor'Elon Musk Accuses Head of NASA of Being “Gay”Bill Ackman calls Trump the 'most pro-business president we've ever had'Integrity for sportsWhile the Trump Administration inserts itself in every crypto venture with no oversight, openly insider trades, and Congress does the same, heaven forbid it happen in sports… Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling ringHeadliniest of the WeekDR: Airbnb CEO Brian Chesky has one question he likes to ask every entrepreneur: ‘Why does your company deserve to exist?'MM: SPEED ROUNDTesla recalls over 63,000 Cybertrucks due to the front lights being too brightMosquitoes found in Iceland for first timeCracker Barrel CEO Says Logo Update Wasn't 'Woke' — Just Easier to ReadReading IS woke!McDonald's CEO says he eats at the chain '3 or 4 times a week'Who Won the Week?DR: obviously JaneMM: MosquitosPredictionsDR: In 2070, future MetaSoul (née Facebook/Meta Platforms) CEO August Zuckerberg has one question she likes to ask every non-AI human: ‘Why do you deserve to exist?'MM: McDonald's CEO Chris Kempczinski goes from his reported weight of 158lbs to 220lbs inside a year

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The Curious Misadventures of Mr. Bailey

Chicago's Morning Answer with Dan Proft & Amy Jacobson

Play Episode Listen Later Oct 22, 2025 150:02

0:30 - Pritzker at Economic Club of Chicago 14:47 - Cupich message to illegal immigrants 38:07 - The Curious Misadventures of Mr. Bailey 01:04:09 - Believe it or not 01:15:26 - Senior Counsel at the Article III Project, Will Chamberlain, goes through the docket from Bolton, Brennan & Comey to circuits 7, 9 and the Supreme Court. For more on the Article III Project article3project.org 01:34:28 - Trading, tariffs and turkey with the Capitalist Pig’s Jonathan Hoenig. Get more from Jonathan at capitalistpig.com 01:48:32 - Jeff Daniels serenades Nicole Wallace with song that helps him cope 01:52:35 - Chris Ferguson, psychology professor at Stetson University, on what the latest research says about adolescent-onset gender dysphoria and the influence of social media. Get more from Chris at his substack - Secrets of Grimoire Manor 02:14:35 - John McCormack, senior editor at The Dispatch, on Fear and Loathing in Chicago — a savage journey through the city’s politics, chaos, and contradictions. Follow John on X @McCormackJohnSee omnystudio.com/listener for privacy information.

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Illinois in Focus Daily | October 22nd, 2025 - Pritzker opposes Chicago ‘head tax,' says he's a capitalist

Illinois In Focus - Powered by TheCenterSquare.com

Play Episode Listen Later Oct 22, 2025 35:17

Greg Bishop shares a few of the topics and comments from Illinois Gov. J.B. Pritzker Tuesday with The Economic Club of Chicago. The governor opposed a proposed "head tax" in Chicago, talked about redistricting efforts and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Gov. Michael S. Barr

Play Episode Listen Later Oct 17, 2025 56:40

On October 9, 2025, Federal Reserve Governor Michael S. Barr took the stage at the Economic Club of Minnesota's luncheon, to discuss the U.S. economy amid rising inflation and policy challenges. In his speech, “The Economic Outlook and Monetary Policy,” Barr highlighted how recent tariffs have driven inflation up, with the PCE index hitting 2.7% in August and core PCE nearing 3%. These pressures, he warned, could push inflation above 3% by year-end, complicating the Fed's 2% target. Barr gave a personal nod to his Minnesota roots by sharing that his grandmother's family ran a clothing store in Eveleth during the 1906 iron ore boom. In a candid Q&A with Minneapolis Fed President Neel Kashkari, Barr addressed the Fed's delicate balancing act between curbing inflation and supporting a softening labor market. With unemployment creeping up and consumer spending showing a split between robust high-income households and struggling lower-wage workers, he urged caution on further rate cuts after September's 25-basis-point reduction. The looming threat of a government shutdown added to the uncertainty, though Barr noted its economic impact remains unclear. Governor Barr was especially engaged with the students in the audience and discussed his journey and important mentors he relied on to advance in his career.

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Trade & Tariff Tales