Podcast appearances and mentions of Nancy Lyons

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Best podcasts about Nancy Lyons

Latest podcast episodes about Nancy Lyons

The View In Your Mirror Podcast
S8 E9: Unveiling the Power of Being Real with Nancy Lyons, CEO and Author

The View In Your Mirror Podcast

Play Episode Listen Later Jan 6, 2025 70:27


It's a new year, and with it comes the age-old struggle of embracing our true selves amidst the chaos of societal expectations. Our journey of self-discovery led us to Nancy Lyons, a beacon of authenticity, whose life story exemplifies how embracing one's unique path can inspire profound personal growth. Nancy Lyons, CEO and co-founder of Clockwork, understands that humans are the hardest part of work. She's been building teams and leading clients through culture change for over 20 years by challenging people to harness the human side of business. From the lessons learned waiting tables to building a business that prioritizes people, this episode captures the essence of leading a life that's both authentic and impactful. Together with Nancy, we peel back the layers of what it means to live genuinely. Our conversation takes a humorous turn as we discuss the often-shared insecurities that women face; we share insights that promise to set the stage for a year of self-acceptance and personal development. Our Non Profit Spotlight is Family Equality _ Katie Harms @ katie@katieharms.com, www.katieharms.com or Lisa Rubin @ lisa@wardrobeconsulting.net, www.wardrobeconsulting.net . Follow Us On: Instagram LinkedIn Facebook YouTube Please take a moment to rate our podcast wherever you are reading or listening to this! Thank you! We are thankful to our sponsor Sweet Ivy

DEI After 5 with Sacha
Empowering Change: How Businesses Can Lead in Community and Inclusion

DEI After 5 with Sacha

Play Episode Listen Later Dec 17, 2024 40:28


In this episode of DEI After 5, host Sacha Thompson welcomes Nancy Lyons, the CEO and co-founder of Clockwork, a technology consultancy focused on solving complex enterprise problems. They discuss the current climate of uncertainty and unrest, exploring how leaders can navigate these challenges to create inclusive environments where everyone feels a sense of belonging. Nancy shares her insights on the importance of strategy, technology, and people engagement in fostering inclusive cultures, as well as her journey into the DEI space. Join Sacha and Nancy as they unpack actionable steps for leaders to move forward in these unpredictable times. --- Support this podcast: https://podcasters.spotify.com/pod/show/deiafter5/support

Wings Of...Inspired Business
Future of Work: Entrepreneur Nancy Lyons on Change Enablement, Team Culture and Leadership from AI to DEI

Wings Of...Inspired Business

Play Episode Listen Later Oct 15, 2024 49:48


Nancy Lyons is the CEO and co-founder of Clockwork and an outspoken advocate for making workplaces more inclusive, flexible, and adaptable. Nancy says no one does great work if they're worried or if they can't bring their whole self to work, and her consultancy focuses on transforming businesses and business leadership through experience design, technology for change enablement, and creating workplace cultures that support human complexities, nuances and intricacies. She's also the author of the interactive Project Management: Pixels, People, and Process, A Human-Centered Approach to Producing Digital Products, and Work Like a Boss: A Kick-in-the-Pants Guide to Finding (and Using) your Power at Work.

Leadership Is Changing
Leadership is Changing Mashup | (ft. Vash Tomanec, Rajeev Kapur and Nancy Lyons)

Leadership Is Changing

Play Episode Listen Later Jun 19, 2024 23:51


Can You Redefine Your Path amid Change? How do leaders transform adversity into opportunity? In a world that demands constant adaptation, host Denis Gianoutsos brings together compelling stories from past episodes featuring Vash Tomanec, Rajeev Kapur, and Nancy Lyons. These leaders share their journeys of pivotal decisions, cultural shifts in global businesses, and redefining meaningful work. Expect to hear powerful narratives about transitioning from routine roles to entrepreneurial success, pioneering remote work cultures that prioritize employee well-being, and challenging traditional workplace norms to foster environments where innovation thrives. Each story encapsulates the essence of leadership flexibility and the profound impact of personal clarity on professional achievements.Join us for a riveting discussion that answers the question of navigating change and provides actionable insights for any listener aiming to enhance their leadership capacity in these fluctuating times. Listen to the full episode to uncover how these leaders navigated their paths through change and how you might apply their lessons to your leadership journey. From Food Delivery to Entrepreneurial Success: Vash Tomanec's JourneyBold Decisions: Discover how Vash transitioned from delivering food to owning three successful businesses, illustrating the impact of decisive action in changing one's lifeThe Power of Purpose: Vash emphasizes the importance of finding a personal 'why' that fuels persistence and passion in any endeavorInspiration from Challenges: Learn how viewing the future through a lens of potential rather than limitation can inspire significant personal and professional growthRajeev Kapur: Leading Through Change and Cultivating a Remote Work CultureGlobal Leadership Insights: Rajeev shares experiences from leading diverse teams across continents, providing lessons on navigating cultural and corporate complexitiesRemote Work Revolution: An exploration of how Rajeev's organization adapted to and thrived with a remote workforce during and post-pandemicPrioritizing Employee Experience: Understand why focusing on employee satisfaction as a primary organizational goal can lead to sustained success and growthNancy Lyons on Making Work Meaningful and Leadership Without LimitsChallenging Traditional Work Paradigms: Nancy advocates for reevaluating what work means and how aligning it with one's values can enhance fulfillment and effectivenessLeadership as a Shared Journey: Insights into How Leadership Can Emerge Organically within any Organizational Level through Initiative and Strategic ThinkingEmpowerment in the Workplace: Nancy discusses the importance of creating an environment where employees feel empowered to take risks and innovate, fostering a culture of growth and co-creationKey Quotes:"People can change rapidly if they make some serious decisions." - Vash Tomanec"We believe we do a really good job of focusing on the employee and employee experience and making our employees the most important customers we have." - Rajeev Kapur"Work isn't a prison sentence. We have the power to make work better or find better opportunities." - Nancy LyonsThe 10 Ways to Lead in Today's World - FREE Executive Guide Download https://crm.leadingchangepartners.com/10-ways-to-lead Connect with Denis:Email:

Just One Q with Dr. Melissa Horne
We Can All Shift Workplace Culture | Nancy Lyons

Just One Q with Dr. Melissa Horne

Play Episode Listen Later Jun 4, 2024 39:13


What do Leaders Get Right and Wrong About the Workplace Experience?The idea of work is changing. It's really important for leaders to understand that people don't follow you because they have to anymore. Leaders must recognize, support, and provide opportunities for the talent in their business. We all have to take responsibility for creating cultures and spaces that actually work for humans with all of their complexities, nuances, and intricacies. And in doing so, we'll make better products, better experiences, and have better work lives.On this episode of Just One Q, Dominique chats with guest Nancy Lyons, the CEO and co-founder of Clockwork, and an outspoken advocate for making work better, more inclusive, flexible, and adaptable. They discuss how we all have a role to play in shifting workplace culture for the better.Keep Up with Nancy:https://www.nancylyons.com/Become a Learning Snippets Partner:https://dialectic.solutions/learning-snippets/become-a-partner/Try Learning Snippets:https://dialectic.solutions/signupContact Us to Be a Guest on Just One Q:https://dialectic.solutions/podcast-guest

Relationships at Work - the Employee Experience and Workplace Culture Podcast
Surprising Ways Employees Can Impact Company Culture

Relationships at Work - the Employee Experience and Workplace Culture Podcast

Play Episode Listen Later May 28, 2024 48:44 Transcription Available


In this episode of Relationships at Work, Russel chats with author and Clockwork founder Nancy Lyons on the positive and negative impacts employees can have on company culture.Nancy shares her insights and experience in:The power of microcultures and employee influence.Leadership's role in shaping culture.What an authentic work culture is and is not.The agency of employees.Unlearning traditional norms.Evaluating organizational fit before influencing.Constructive use of technology to support work culture.And connect with me for more great content! Sign Up for R@W Notes Subscribe on Youtube Follow on Linkedin Follow on Instagram Follow on TikTok Email me anytime

Conversations with Chanda
Navigating the Intersection of Technology, Leadership, and Inclusion: With Nancy Lyons

Conversations with Chanda

Play Episode Listen Later Apr 5, 2024 57:14


In this episode with Nancy Lyons, CEO and co-founder of Clockwork, Chanda and Nancy discuss the power of self-awareness, authenticity, and using your platform for good. Nancy shares her journey in the tech industry, the importance of embracing your unique identity, and how she balances motherhood, entrepreneurship, and activism. www.smithbaker.co www.conversationswithchanda.com IG @chandasbaker & @conversationswithchanda Twitter: @chandasbaker nancylyons.com clockwork.com madebytempo.com

Working Women Mentor
How to Contribute to Your Work Culture and the Future of the Modern Workspace. Nancy Lyons, CEO of Clockwork is Leading with Purpose in the Work Revolution

Working Women Mentor

Play Episode Listen Later Apr 3, 2024 32:23


ceo women community learning success business stories education technology leadership growth advice challenges opportunities career digital motivation tech sharing pride innovation speaker inspiration development diversity lgbtq entrepreneurship revolution modern professional startups female artificial intelligence mentor networking collaboration rights software inclusion empowerment lgbt engineering encouragement commerce small business stem acceptance blockchain ecommerce queer advocacy inspire guidance mentorship work life balance equality cybersecurity activism perspective business development enterprise programming achievements future of work virtual reality machine learning big data computer science robotics business growth online businesses business success business models progression women in leadership digital transformation remote work business strategy coding data science augmented reality digital nomads business management role models business coaching data analytics gender identity international business gig economy employee engagement workspace market research cloud computing tech startups virtual events talent management business operations market trends business planning clockwork tech industry work culture business leadership business relationships continuous learning global business web development business transformation work environment corporate governance hybrid work business partnerships business finance sexual orientation business ethics digital business organizational change business consulting independent contractors business communications tech tools business innovation business culture business networking market analysis app development video conferencing technology trends work from anywhere flexible work virtual training business expansion tech conferences business agility digital skills business technology telecommuting distributed teams workplace diversity coding bootcamps tech skills business mentoring business sustainability tech education business advisory remote management workplace flexibility remote collaboration nancy lyons mobile workforce work flexibility
Excellent Executive Coaching: Bringing Your Coaching One Step Closer to Excelling
EEC 322: How to Improve Workplace Culture, with Nancy Lyons

Excellent Executive Coaching: Bringing Your Coaching One Step Closer to Excelling

Play Episode Listen Later Mar 19, 2024 22:38


Nancy, CEO and co-founder of Clockwork, is an outspoken advocate for making work better. More inclusive, flexible, and adaptable. No one does great work if they're worried or if they can't bring their whole self to work. And she learned this the hard way: by having terrible jobs and not fitting in. How did your own experience of not "fitting in" inform your approach to leadership? What was the final trigger that made you leave corporate life to become an entrepreneur? What are the ways an individual at each level of a company can impact culture? A leader? An employee? A team? How does supporting families fit into creating an environment of belonging? What are the biggest cultural shifts you've seen in your 20 years of leadership? Nancy Lyons Nancy, CEO and co-founder of Clockwork, is an outspoken advocate for making work better. More inclusive, flexible, and adaptable. No one does great work if they're worried or if they can't bring their whole self to work. And she learned this the hard way: by having terrible jobs and not fitting in. Her first book was Interactive Project Management: Pixels, People, and Process, a human-centered approach to producing digital products. Her current book, Work Like a Boss: A kick-in-the-pants Guide to Finding (and Using) your Power at Work, is the little book everyone needs to remember the actions, attitudes, and attributes that will make work better, for individuals and everyone around them. Excellent Executive Coaching Podcast If you have enjoyed this episode, subscribe to our podcast on iTunes. We would love for you to leave a review. The EEC podcasts are sponsored by MKB Excellent Executive Coaching that helps you get from where you are to where you want to be with customized leadership and coaching development programs. MKB Excellent Executive Coaching offers leadership development programs to generate action, learning, and change that is aligned with your authentic self and values. Transform your dreams into reality and invest in yourself by scheduling a discovery session with Dr. Katrina Burrus, MCC to reach your goals. Your host is Dr. Katrina Burrus, MCC, founder and general manager of Excellent Executive Coaching a company specialized in leadership development.

Pharmacy Podcast Network
With 4700 Pharmacies, a New President, Great Support and New Ideas Health Mart is Well-Prepared for the Future | Pharmacy Crossroads

Pharmacy Podcast Network

Play Episode Listen Later Mar 14, 2024 30:58


Two experienced and dedicated female executives take time from their busy schedule to talk  about how the Health Mart program is working to help members move into the future.  Crystal Lennartz, the newly appointed president of Health Mart and Health Mart Atlas is joined by Nancy Lyons, VP and Chief Pharmacy officer in this information packed podcast.  Together they provide insights and heads-up on what new, improved and coming for this major pharmacy franchise.    

The Digital Executive
Revolutionizing Work Culture: Building Inclusive, Human-Centered Workplaces with CEO Nancy Lyons | Ep 846

The Digital Executive

Play Episode Listen Later Mar 14, 2024 13:56


In this compelling episode of The Digital Executive, Brian Thomas converses with Nancy Lyons, the CEO and co-founder of Clockwork, about her mission to transform the workplace into a more inclusive, flexible, and adaptable environment. Nancy shares her personal journey of navigating through rigid and exclusive work cultures, which inspired her commitment to fostering workplaces where diversity, empathy, and adaptability are paramount. She stresses the importance of organizations making a genuine commitment to diversity and inclusion at all levels, recognizing unconscious biases, and creating policies that accommodate various life circumstances.Nancy also emphasizes the need for open dialogue and safe spaces where employees can express themselves freely, highlighting the significance of acknowledging and valuing individual differences. Drawing from her book, "Interactive Project Management: Pixels, People, and Process," she advocates for a human-centered approach in digital product management, where understanding end users' challenges and aspirations leads to more effective and satisfying outcomes.Measuring success in creating human-centric workplaces, according to Nancy, involves a blend of qualitative and quantitative metrics, including employee engagement scores, retention rates, diversity and inclusion metrics, and the organization's adaptability to change. She underscores the essence of a successful workplace as one where employees feel genuinely supported, valued, and connected to their work, the organization's purpose, their values, and each other.This episode not only provides practical steps for organizations to become more inclusive but also delves into the broader implications of such changes on product development, team dynamics, and overall business success. Nancy Lyons' insights offer a roadmap for leaders looking to cultivate work environments that truly work for humans, driving better products, experiences, and work lives.

Pharmacy Crossroads
With 4700 Pharmacies, a New President, Great Support and New Ideas Health Mart is Well-Prepared for the Future | Pharmacy Crossroads

Pharmacy Crossroads

Play Episode Listen Later Mar 14, 2024 30:58


Two experienced and dedicated female executives take time from their busy schedule to talk  about how the Health Mart program is working to help members move into the future.  Crystal Lennartz, the newly appointed president of Health Mart and Health Mart Atlas is joined by Nancy Lyons, VP and Chief Pharmacy officer in this information packed podcast.  Together they provide insights and heads-up on what new, improved and coming for this major pharmacy franchise.  

Inter:views | Cracking The Entrepreneurship Code
People-first as a business strategy with Nancy Lyons | Ep. 158

Inter:views | Cracking The Entrepreneurship Code

Play Episode Listen Later Feb 6, 2024 34:22


It might feel crazy not to get involved in every operation of your business, but the more you let go, the better it performs. However, many entrepreneurs struggle with this bottleneck of hoarding and not letting go.     Nancy Lyons, who joins us in this episode, has been in business for over 22 years, and her exponential growth happened the moment she stopped being the bottleneck of the business. She shares with us how she managed that setback of letting go, the significant milestones as an effective leader in inspiring her teams to success and shares valuable tips for entrepreneurs.    Nancy Lyons has led employees and clients through thousands of business-teams, and work culture challenges. She is the author of "Interactive Project Management" and "Work Like a Boss," which provides a concise guide for individuals, highlighting actions, attitudes, and attributes crucial for improving the workplace for oneself and those around.     Nancy's remarkable contributions have earned her numerous accolades and recognitions, including induction into the National Association of Women Business Owners' MN Hall of Fame, recognition among the "100 People to Know" by Twin Cities Business, and acknowledgment as one of the "101 most influential people in the world of work, management, and career" by Ladder magazine. She has been honored as the "Most Admired CEO" by Minneapolis/St. Paul Business Journal and received the "Business Owner of the Year" award from the National Association for Women Business Owners.    Tune in.     Key Highlights from The Show  [03:05] Why Nancy Lyon feels crazy for not being involved fully in her business  [05:18] Major bottlenecks she encountered as an entrepreneur and how she managed them  [07:08] Entrepreneurship challenges she has faced  [10:11] Significant milestones in her 22 years of business  [14:52] Nancy's effective communication as the business CEO  [18:43] What's next for Nancy in the business career  [23:36] Reasons why Nancy became an entrepreneur  [29:46] Practical recommendations to other entrepreneurs based on her experience  [33:24] Best ways to reach out and connect with Nancy  [33:58] Wrap up and calls to action    Notable Quotes  ·        Adequate outside funding is critical to getting any product out of the ground.  ·        Success comes from knowing when to say yes or no. The more we narrow down things, the better and more successful we become.  ·        Embrace mistakes and failures. Failure in practice is how you get better.  ·        It might feel crazy to not get involved in every operation of your business, but letting go makes it grow exponentially.      Connect With Nancy Lyons  Personal Website: https://www.nancylyons.com/  Business: https://www.clockwork.com/  Instagram: https://www.instagram.com/nylons/  LinkedIn: https://www.linkedin.com/in/nancylyons/     ----- How much of the bottleneck in your business are you? Don't underestimate the bottleneck's impact. Take the Bottleneck Index and find out your bottleneck score now! 

Leadership Is Changing
544: Leadership is Changing Highlights 2023 (ft. Dan Michelson, Rajeev Kapur and Nancy Lyons)

Leadership Is Changing

Play Episode Listen Later Jan 24, 2024 26:48


In this mashup, we delve into the intricate world of technology and leadership, featuring insights from three distinguished guests. From Chicago, Dan Michelson shares his journey from developing electronic health records to founding InCommon, highlighting the need for adaptive leadership, particularly during the COVID-19 crisis. Meanwhile, Rajeev Kapur reflects on leading diverse teams across cultures, the transition to remote working, and evolving leadership dynamics in a workforce increasingly influenced by Gen Z, millennials, and women. Rounding out the discussion, Nancy Lyons emphasizes the importance of aligning personal values with one's employer and advocating for intrapreneurship and risk-taking within companies. Together, these narratives intertwine to explore the challenges of leadership, the impact of personal growth, and the evolution of work culture in the rapidly changing tech industry.In This Episode:Dan Michelson discusses his 20-year career in technology, focusing on healthcare technology.He shares insights from teaching a class on decision strategy, emphasizing the importance of what one makes of their decisions.Rajeev Kapur discusses his journey from an inside salesperson at Dell to leading significant divisions in various global regions.He discusses the successful transition of his organization to a predominantly remote working model during the pandemic.Nancy Lyons discusses Clockwork, a technology consultancy she co-founded, focusing on regulated industries.She speaks about being an advocate for making work more meaningful and aligned with personal values.Main Takeaways:Understanding the importance of adapting to changes in the workplace and using them as opportunities for growth and innovation.Recognizing that personal development and seeking new challenges are crucial for professional satisfaction and advancement.Learning that effective leadership is particularly crucial during times of crisis, creating opportunities for positive change and progress.Embrace opportunities and adapt to various roles within an organization to climb the corporate ladder.Adapt business models to remote working environments effectively, focusing on employee satisfaction.Implement decentralization in decision-making to enhance efficiency and empower teams.Ensure your personal values align with your employer's to find meaningful work and fulfillment.Encourage a mindset of intrapreneurship within organizations to foster innovation and growth.Quotes:"Technology is wonderful... healthcare is the largest industry in our economy and the one most in need of technology." - Dan Michelson"We're going through the biggest and fastest change in the history of how we work and live... how do we make the future different from the past?" - Dan Michelson"We focus on making our employees the most important customer that we have." - Rajeev Kapur"We pushed all decision making down into the teams... corporate is no longer a bottleneck." - Rajeev Kapur"We aren't trapped. We're not in prison. We have power." - Nancy Lyons"Ensure that the place where you are choosing to devote the majority of your time and talent, make sure that their values align with yours." - Nancy LyonsConnect with Denis: Email: denis@leadingchangepartners.comWebsite: http://www.leadingchangepartners.com/Leadership Is Changing Facebook Group:

Mind Your Leadership
Episode 77: Navigating Leadership with Nancy Lyons

Mind Your Leadership

Play Episode Listen Later Jan 22, 2024 36:21


In this episode, Dr. Keren Tsuk interviews Nancy Lyons, CEO and co-founder of Clockwork, about creating inclusive and adaptable work environments. Nancy shares her rebel mindset and how it influences her approach to leadership and advocacy. She discusses the importance of discovering one's personal leadership style and embracing what works for them. Nancy emphasizes the value of empowering others and overcoming ego as a leader. She also highlights the significance of building trust, embracing uncertainty, and learning from mistakes. The conversation explores self-awareness, mindfulness, and the balance between doing and being modes. Nancy encourages leaders to prioritize well-being and find purpose and meaning in the workplace. The episode concludes with a discussion on letting go, embracing change, and building long-term relationships and connections.

Bloomberg Daybreak: US Edition
Boeing Investigation Latest; Trump Court Showdown; Lloyd Austin's Hospitalization

Bloomberg Daybreak: US Edition

Play Episode Listen Later Jan 9, 2024 16:22 Transcription Available


On today's podcast: 1) Investigators probing the fuselage blowout on a Boeing Co. 737 Max 9 on Jan. 5 determined that the door plug moved upward before ejecting and that fittings holding the part in place came loose, as the two US carriers operating the now-grounded aircraft said their own maintenance checks uncovered loose bolts on the parked jets. 2) Donald Trump's lawyers will spar with federal prosecutors Tuesday in a high-stakes court battle to determine if he is immune from charges of trying to overturn the 2020 election because he was president at the time. 3) US lawmakers demanded answers from the Pentagon after Defense Secretary Lloyd Austin failed to notify the White House about his hospitalization for four days, saying they weren't satisfied with the explanation for his absence. 4) The White House's “work is not done” when it comes to lowering prices for American consumers according to the president's top economic advisor, Lael Brainard. That's despite the recent slowing of inflation that has seen the headline consumer price index fall to 0.1% in November. Full Transcript: Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. We begin with the latest developments in the investigation into the door panel blowout on a Boeing seven thirty seven Max nine. Bloomberg's John Tucker is here with the latest, John and Nathan. More and more of the focus is turning to bolts and whether they were properly tightened, as the NTSB tries to find answers to how that unused door panel blew off that Alaska Airlines Boeing seven thirty seven Max nine over Portland. Another airline says it's found loose bolts. United confirms it found loose bolts after inspecting identical door plugs as the one that blew out on the Alaska plane. NTSB chairman Jennifer Hamendi, we are aware of the reports of that are coming back from the inspections from United and Alaska and Boeing. Our team is collecting that information and there will be some follow up from the inspections. It's unclear how many loose polts were found. The NTSB may now broaden the probe into other Max nine jets beyond the Alaska Airlines model on which the accident occurred. It intensified scrutiny of the manufacturing process at Bowling and its key supplier, Spirit Aerosystems, which makes the fuselage for the seven thirty seven Max. I'm John Tucker, Bloomberg Radio. All right, John, Thanks well. Another major story that we're following this morning involves a high stakes court hearing in Washington, d C. Lawyers for Donald Trumpell's spar with federal prosecutors over whether the former president is immuniform charges of trying to overturn the twenty twenty election results. Bloomberg's Amy Morris has more from Washington. Oral arguments are set for today before a three judge panel with the US Court of Appeals for the d C Circuit over whether Donald Trump is shielded from prosecution for his actions before and during the January sixth riot at the US Capitol. Now Trump said on social media he planned to attend, but he is not expected to address the court. The judges could hand down their ruling at any time after the hearing, and a ruling in favor of Trump could be a fatal blow to the Justice Department's efforts to try him. While either side has the right to appeal. Neither the full DC Court nor the US Supreme Court are required to take the case, so this Court's ruling could be the final word in Washington. Amy Morris Bloomberg Radio, Okay, Amy, thank you will staying in Washington. Bipartisan anger is building against Defense Secretary Lloyd Austin. We get that story from Bloomberg's Dan Schwartzman. Politicians on both sides of the isle are demanding answers as to why Defense Secretary Lloyd Austin failed to let anyone know he was hospitalized on New Year's Day. The retired general didn't even let the White House know he was at Walter Reed Medical Center for four days, depending on a day after that. Austin was hospitalized, but did not tell the White House, Congress, or even the deputy Defense Secretary for several days. Republican Senator Susan Collins Remaine says it's quote inexplicable that the Secretary's condition remains shrouded in secrecy, while Massachusetts Democrat Seth Mulden says this astounding that the president in Austin's own deputy did know he was in the hospital. According to White House spokesman John Kirkby President Biden has no plans to replace Austin. Dan Schwartzman Bloomberg Radio. All right, Dan, thanks now to the latest developments in the Middle East. Secretary of State Anthony Blncoln says, who the militants will face consequences if they continue to attack ships in the Red Sea, he told reporters, and more violence will be detrimental for the region. It's clearly not in the interest of anyone Israel Lebanon Hasbola for that matter, to see to see this escalator and to see an actual conflict, and the Israelis have been very clear with us that they want to find a diplomatic way for it. Secretary of State Anthony Blincn meets with Israel's leader Benjamin and Yahoo later today. Let's turn back to markets now, Karen, As you mentioned, futures are lower following yesterday's rally on Wall Street that saw the Nasdaq surge more than two percent. In Asia, the knee Can in Japan closed at its highest level in thirty four years. Me and mole Nathan. Former bond king Bill Gross is signaling he is now steering clear of treasuries in a post on x gros said ten year treasury yields at four percent are overvalued. Gross made millions late last year after a big bet the Fed would pivot toward interest rate cuts for twenty twenty four. Well Karen, the President's top economic advisor, says the White House's work is not done when it comes to lowering prices for American consumers. Lyyle Brainerd spoke with Joe Wisenthal and Tracy Alloway on the Bloomberg Godlots podcast. Some prices have not come down, and we're fighting pretty hard to get those prices to come down. One area that really is difficult for Americans is healthcare. White House Economic advisor Lyle Brainerd ads the administration will use its position to continue calling out corporations who aren't passing along cost savings to consumers. For the full conversation, download the latest edition of Bloomberg Odd Lots that's available everywhere you get your podcasts. And Shares of Nvidia closed at a record high. The company's chip technology dominates in data centers used to create artificial intelligence software where now in Nvidia's announced new products to help the personal computer industry lower consumers with AIPCS. Another chip maker in the spotlight this morning, Nathan Samsung Electronics has posted at six straight quarter of declining operating profit. The results underscore how demand for smartphones and the memory chips remained sluggish given economic uncertainty, and shares of Match are up more than eight percent in early trading. That says The Wall Street Journal reports Elliott Investment Management has built a stake of about a billion dollars in the dating app company. Time now for a look at some of the other stories making news around the world, and for that we're joined by Bloomberg's Amy Morris. Amy, Good morning, Good morning, Karen. Homeland Security Secretary Alejandro Orcis was an eagle pass taxes to meet with elected leaders and border patrol agents at the southern US border. Now, he says it's too early to tell if the significant drop in border crossings over the past week is related to the holiday season or stepped up enforcement operationations in Mexico. Our immigration system is outdated and broken and has been in need of reform for literally decades. On this, everyone agrees. Arizona Senator Kirsten Cinema, an independent who has been central in negotiations, says She's not sure whether text is going to be available, but she hopes there will be something to present this week. House Republicans are pushing to impeach may orc As Senate Republicans want him to help cut a border security deal. President Biden meanwhile moving to win back black voters. Bloomberg's Nancy Lyons has more on his trip to South Carolina. President Biden delivered remarks at Mother Emmanuel Ame Church in Charleston, South Carolina, where white supremacist killed nine people in twenty fifteen. Biden says, our country must deal with racism. It is a poison throughout our history. Driptest nation apart, says no place in America, not today tomorrow. Ever, Biden's favorability among black voters in seven swing states has slipped so seven percentage points since October to sixty one percent in December. That's according to a Bloomberg News Morning Consult poll in Washington. Nancy Lyons Bloomberg Radio. Now. Former President Trump wants his supporters to give him a definitive win in Iowa, even with a commanding, leaving the polls with less than a week before the caucuses. Trumps stressed turnout the people of this state are going to cast the most important vote of your entire lives. I believe that too very much. I used to say that twenty sixteen, and I believed it then, and now I believe this is even much more important. The Trump campaign believes a decisive Iowa victory would put pressure on his GOP rivals to drop out. Florida Governor Ron DeSantis and former South Carolina Governor Nikki Haley have failed to gain much significant ground in the Iowa polls against Trump. Next up New Hampshire January twenty third. That's where Nicki Haley has been gaining more momentum while still trailing Trump. Global news twenty four hours a day and whenever you want it with Bloomberg News Now. I Mamy Morris and this is Bloomberg Karen righting me. Thank you. We to bring you news throughout the day here on Bloomberg Radio. But now you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app Bloomberg dot Com plus Apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's John stash Hour John Karn. The Michigan Wolverines national champions in college footwall in Houston. They beat Washington thirty four to thirteen. It was a quick start for Michigan. First two possessions were both Donovan Edwards touchdown runs. They covered forty one and forty three yards. Michigan didn't get into the end zone again until the fourth quarter. Blake Korum scored capping a seventy one yard drive, and later Quorum scored again, coming after Mike Stanisil's eighty one yard interception return. Washington star quarterback Michael Pennix junior twenty seven of fifty one, did have two interceptions. Mission goes fifteen to zero, wins the national title for the first time since nineteen ninety seven, and the question now is if Jim Harbar returns as coach or heads back to the NFL. The Washington Commanders looking for a new coach after they had the second worst record in the NFL. They've got new ownership and Ron Rivera fired after four years on the job. Carolina Panthers already knew they were looking for a new coach now at GM as well as the Panthers fired to the manager Scott Fitterer. Celtics got forty points from Jalen Brown, but lost at Indiana one thirty three to one thirty one. The Pacers lost their star player Tyrese Haliburton a hamstring injury. He's headed for an MRI. John Moran is headed for a season ending shoulder surgery. Memphisis star guard was suspended for the first twenty five games of the season and ends up only playing nine games on the year. Wizard's thirtieth loss to the year beaten by Oklahoma City one thirty six to one twenty eight. The Bruins lost at Colorado four to three in a shootout. John Stash Edward Bloomberg sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Sirius, Exam, the Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg Daybreak. Good morning. I'm Nathan Hager Boeing is working to get at seven thirty seven Max nine Jets back in the air after the FAA ordered them temporarily grounded following last week's door panel blowout. But the investigation into the cash cow for Boeing is finding more installation issues maybe than just the ones on that Alaska Airlines flight. For more, we're joined now by Bloomberg News Global Aviation head Benedict Campbell. Thanks for being here, Benedict. Get us caught up on the investigation so far. Good morning. So we heard from the NTSB again yesterday, the holding daily press briefings to give the latest update. And what we heard yesterday is that indeed they are still focused on this particular Alaska aircraft, but they've said that they might well be looking more deeply at other aircraft broadly, more broadly than just the seven three seven Max nine. Right now, the focus remains very much on that door panel, on that plug as they call it, that came flying out, and they're trying to determine what exactly caused that component to come loose. One thing that they did say was they are focused intensely on the bolts that are sort of a fixing that particular component. And speaking of bolts, we have heard from United Air and from Alaska that they've found some loose bolts on their aircraft, so obviously that's sort of the area around which the investigation is focused right now. How unusual is it to see these signs of improper tightening on an aircraft like this? Is this part of the reason why we're getting these suggestions that the investigation could go beyond the Max nine Absolutely, and this is obviously something you don't want to find on an aircraft. Is something that they have found, not just in this case, but also in previous sort of investigations where they looked at improper manufacturing. We had a misaligned drilling holes on some seven three sevens last year. Then we had some loose bolts in another part of a plane. So these defects appear to come up again and again. And you have to remember the Max, the seven three seven Max has a very sort of fragile reputation after these two crashes that happened almost five years ago. A lot of people still somewhat squeamish about that aircraft and an Abbus not Abbus Boeing have managed to repair that reputation, but somewhat fragilely. And the question now is will that pull them back into a hole. How can they emerge from that? Those are a lot of things they're trying to work through right now. Yeah, it raises the question about whether Boeing could be running into a crisis of confidence with flyers. Is that the concern for Boeing? That is very much the concern. I mean, we've seen the crisis of confidence on the side of the investors. If you look at what happened with the stock yesterday took a deep tumble. Spirit Aerosystems, that's the company that makes the fuselage for the seven three seven is by An is by far Boeing's most important supplier. They also dropped quite sharply yesterday. So there is a real crisis and confidence For the time being, it's the focus is very much sort of on the investor side, on the financial side. But if this spreads into a bigger crisis, say the flyers, the flying public, and then the customers ultimately, that will obviously be something very hard for Boeing to get back from. This had been the year, or supposed to be the year of the great comeback of Boeing. They've they've had a couple of difficult years, as I said, but they'd managed to get their manufacturing back in order, the orders and deliveries are back. They'd planned to really increase the output rate of the seven three seven. All of these things were sort of what lay ahead for them for this year, and right now it looks as if things will certainly low down for them quite a bit. The FAA, which is the regulator in the US, they're saying, not so fast. We want to make sure this plane is ready to fly again before we can unground it, and Boeing has to sort of comply with that. Is this something that could put the relationship between Boeing and Spirit Aerosystems in jeopardy? I mean, where could the blame potentially lie for this? Got about a minute left. It's a difficult relationship that these two companies have. Spirit used to be part of Boeing. Then it will spun out, but they're still very much sort of entwined and then locked in a slightly unhappy marriage here. They obviously Boeing needs to have very close quality controls at Spirit to make sure that the products that get shipped over to Boeing meet their standards, and that's something that hasn't always been the case in the past. So Boeing really needs to tighten the screws, as it were, on Spirit and make sure that they have the right people there, they have the right controls. There's new management at that company. Ultimately the buck stops with Boeing. They need to have the final sign off on the plane. You can blame Spirit and point your finger as much as you want at them, but the plane is ultimately sold by Boeing, so they need to make sure that the network is up to snuff. This is Bloomberg Daybreak Today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh six to one in Boston, and Bloomberg ninety sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus listen coast to coast on the Bloomberg Business app, seriusxmb iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the new you need to start your day right here on Bloomberg DaybreakSee 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Bloomberg Daybreak: US Edition
Winter Snowstorm Ahead; Wall Street Braces for Jobs Report; Blinken to Visit Middle East

Bloomberg Daybreak: US Edition

Play Episode Listen Later Jan 5, 2024 22:21 Transcription Available


On today's podcast: 1) New York City and Boston are straddling the line between what could be a snowy weekend or just a lot of rainhttps://www.bloomberg.com/news/articles/2024-01-04/us-east-coast-braces-for-weekend-snow-or-rain-weather-watch from a system sweeping up the US East Coast this weekend. 2) A monthly US jobs report due Friday will probably show many industries refrained from hiring as employment gains increasingly concentrated in a handful of sectors, according to Bloomberg Economics. 3) The options market for US Treasuries was abuzz Thursday following the emergence of a large bearish wager that Friday's jobs report will trigger the biggest backup in benchmark yields in more than nine months. 4) Secretary of State Antony Blinken left for his fourth trip to the Middle East since the Oct. 7 attack on Israel, as part of US efforts to counter growing risks of a broader regional conflict. Full Transcript:  Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. We begin with the first major winter storm to hit the East Coast so far this season. Let's get the very latest on that with Bloomberg meteorologist Rob Carol and Rob Nathan. The weekend storm is going to be worse to the north and west of the district in Baltimore, and also north and west of New York City and north and west of Boston. The major cities are going to see some mixing with rain that that's going to hold down the accumulations. But it's the areas to the north and west that are going to do quite well where it stays all snow. Three to five inches possible north and west of the district in Baltimore, while north and west of New York City as much as five to eight inches will fall. We could see as much as five to ten inches of snow north and west of Boston during the storm. Okay, Rob, So when do you expect this wintry weather is going to end. Storm's going to wind down during the evening and overnight hours in the district in Baltimore. In New York city. It comes to an end Sunday afternoon the Boston area. I will see it ending late Sunday night early Monday morning, and we should see quite a bit of an improvement weatherwise into Monday of next week. Okay, Rob, Carolyn, thanks for that. We'll be checking back with you for more on this East coast winter storm throughout the day. Mowe now turned to the crucial jobs are poored for the month of December. Nathan It's forecast a show one hundred and seventy five thousand jobs were added a last month, and we get more from Bloomberg's Michael McKee. Wall Street goes into today's jobs report expecting strength in hiring and wages. That was not what the Fed was expecting a few months ago. The central bankers want job growth of about one hundred thousand a month and unemployment in the fours to signal an easing of labor market inflation pressures. Instead, they're likely to get a continuing conundrum, a strong labor market but falling inflation, making it hard to know the best path for interest rates. They will probably focus on the composition of jobs. Some analysts say job growth should be concentrated in low wage sectors like healthcare, assistants and restaurants, and that will be the sign the Fed wants that the economy is slowing. McKee, Bloomberg Radio. All right, Mike, thanks for the options market. It's been a buzz ahead of the jobs report. There is a large parish wager underway on yields rising to four point one five percent by the end of the day. That would mark the biggest one day rise in tenure yields since late March. It would be a further retrenchment for treasuries following last year's furious two month rally. In checking the tenure right now, it is at four point zero three percent. Well, Nathan. Rates are also in focus overseas. Traders are pairing bets on cuts from the European Central Bank. Let's go to London and get the latest from Bloomberg's Ewen pots Hore Youwen, Karen, and Nathan. It's the first time since mid December that traders are betting on fewer than six quarter point rate reductions from the ECB. At the end of last year, the market was pricing as much as one hundred and seventy four basis points of cuts. That number has now slipped blow one hundred and fifty basis points and key data this morning, shining more lights on the inflation pitcher. You're area CPI coming in at two point nine percent in the year to December. That's a higher number than the previous month as energy subsidies expire in a number of countries. In London, you and pot Splomberg Radio, all right, you and thank you. Now we turned to the latest developments in the Middle East. Secretary of State Antony Blincoln is returning to the region, his fourth trip since the October seventh attack on Israel. Bloomberg Zamie Morris reports from Washington, there is a risk the war between Israel and Hamas can spread into a broader regional conflict. This trip is part of US efforts to prevent that. Secretary Blincoln will travel to Turkey, Jordan, Cotter, the United Arab Emirates, Saudi Arabia, Egypt, and Israel. State Department spokesman Matthew Miller says they don't expect some of these conversations to be easy. We want to prevent the conflict from spreading, but part of that means that people need to stop taking strikes against our soldiers, and if they take strikes against our soldiers, we're going to do what we need to protect ourselves. Groups backed by Iran have escalated attacks across Iraq, Syria, Lebanon, and Yemen and armed forces in a rocker also warning of a quote dangerous escalation after a US right killed a senior commander in an Iran backed militia in Washington, Amy Morris, Bloomberg Radio, all right, Amy, thanks. Meanwhile, the Islamic State group has claimed responsibility for the two explosions that killed almost one hundred people in Iran. The attacks risked inflaming tensions further in the Middle East, with Iran saying it had been targeted because of its stands on Israel. Bloomberg Henry Meyer looks at the impact of the Islamic State taking responsibility for the attacks. It's significant in the sense that it reduces the risks of a more confrontation between Israel and Iran. Iran had said that the bloss with the work of people who were trying to punish it for its stance on the Israeli offensive in Gaza. And you know, obviously any suspicion of Israeli involvement could have proved extremely explosive, and Bloomberg Henry Meyer notes US officials said from the start the attacks had the hallmark of a group such as Islamic State. Back here in the US, Karen, there's more fallout over the resignation of former Harvard president Claudine Gay. The Reverend Al sharped and led a protest at Bill Ackman's Manhattan offices yesterday. The civil rights activist says the billionaire investors campaign against Gay is a blow to the diversity, equity and inclusion movement. Gay stepped down as Harvard's first black president this week in a backlash over her handling of campus antisemitism and accusations of plagiarism. Meantime, Nathan Business Insider is reporting Bill Lackman's wife, Nary Auxman, plagiarized multiple sections of her doctoral dissertation at MIT. Acman responded to the report in a post on X, writing, you know you struck a chord when they go after your wife. Time now for a look at some of the other stories making news around the world. For that, we're joined by Bloomberg's Amy Morris. Amy, Good morning, Good morning, Karen. Residents in the small town of Perry, Iowa, held a vigil last night, hours after a gunman opened fire at the local high school, killing a sixth grader and wounding four other students in the school's principal, Andrea Meyer, is a two thousand and four alumna at the school, and she spoke at last night's vigil green rally around our survivors, our community, our teachers, our first responders, and we're going to show them what we've shown them every day for as long as I have known that we appreciate them, enjoy them, respect them, and dare I say love them. The suspect, identified as seventeen year old Dylan Butler, a student at Perry High School, also died of an apparent self inflicted gunshot wound. Classes are canceled throughout the school district for today. Florida Governor Ronda Santis and former UN Ambassador Nicky Haley held back to back CNN town halls in Iowa last night as they fight to be primary GOP presidential challenger to Donald Trump, who already has a huge lead in the polls. DeSantis called Haley a phony who is quote playing for voters who are not even core Republicans. I'm the only one that has a chance to beat Trump and win the general election. Nicki Haley can't get conservative voters. She's the darling of the never trumpers. While in New Hampshire, Nikki Haley said of the primary process, quote, Iowa starts at New Hampshire corrects it. So she responded to criticism about that comment during CNN's town hall in Iowa. We're going to continue to be here. I mean, I've told people get used to this face, and I've been here over and over again. But if I didn't love Iowa, I wouldn't keep coming to Iowa. While they did take jabs at each other, Haley and Desantas also focused their attacks on front runner Donald Trump, and next week will be a busy one for Trump. Bloomberg's Nancy Lyons reports Donald Trump has two major court hearings next week. One of them is in Washington on his claim of immunity from charges he overturned the twenty twenty election that's set for January ninth, Then two days later, planning to attend the closing arguments in Manhattan that's for the New York civil trial against him and his sprawling real estate company. Days after that, the nominating process begins with the January fifteenth Iowa CAUCUSUS. Then a day after that, a civil defamation case against Trump begins in New York in which Ejing Carroll is seeking to million dollars in damages. It's unknown if Trump will be attending that trial in Washington. Nancy lyons Bloomberg Radio Global News twenty four hours a day and whenever you want it with Bloomberg News Now. I'm Amy Morris, and this is Bloomberg Karen. All right, Amy, thanks soby to bring in news throughout the day right here on Bloomberg Radio. But now, as Amy said, you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now. You can get the latest headlines right at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app Bloomberg dot Com, but also apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports update. Here's John stash Hour John Karn. What a game in San Francisco, battle of the last two NBA champions. The Warriors had an eighteen point lead on the fourth quarter on the Nuggets, and then Denver closed the game on a twenty five to four run and he won at one thirty to one twenty seven thanks to Kolo Jokins thirty four points, ten assists, nine rebounds. He hit the game tying shot and then after a Steph Curry turnover, he hit the game winner, a forty footer that he banked in at the buzzer. Milwaukee won at San Antonio won twenty five to one twenty one. This was the first time that Jannis, sent to the Compo won against the guy that many field plays like, Giannis Victor Wembinama. Yanna scored forty four points. Wem bin Yama scored twenty seven. Ricky Rubio, retiring at age thirty three, twelve years and the NBA, played for four teams, most recently Cleveland, who bought out his contract. He was a professional player in Spain at the age of fourteen. Bruins lost at home to Pittsburgh six to five. Sydney Crosby wont it for the Penguin the power play goal in the third period. The Red Sox traded Chris Sale to Atlanta. He just got a two year extension with the Braves for thirty eight million dollars, despite all the injuries he's had in recent years. Week eighteen in the NFL starts tomorrow. Nine teams have Clint playoff spots. Five spots still up for drafts. Buffalo, Jacksonville, Tampa Bay, and Green Bay are in with Week eighteen victories. The winner tomorrow night, patried Houston, and Indianapolis is in the playoffs. Pittsburgh tomorrow needs a win and then a Buffalo loss on Sunday night. John Stashwer Bloomberg Sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam, the Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. Well. The first weekend of twenty twenty four is going to bring the East Coast the first major winter storm we've seen in quite a while, actually, so let's bring in Bloomberg beedrologist Rob Carolyn to help us get set for what's coming. What you're looking at, Rob, the first accumulating snow of the season for lots of us. It's taken a time for winter to get going, but it's going to get going now with Gangbusters Nathan storm coming out of the lower Mississippi River Valley is going to come up the along the East coast during the weekend, and it's going to bring us eisenble snowfall to many of the suburban locations around the major cities in the mid Atlantic and Northeast. This isn't a huge snowstorm for the District of Baltimore, for New York City or Boston because the ocean is still fairly warm water temperatures than in the forties. That influence is going to mean that we see Boston and New York City, and especially Washington and Baltimore mixing with and changing the rain at times. But once you get inland away from that influence to the ocean, there's going to be some sizeable snowfalls from say Frederick, Maryland, all the way on up through the suburbs north and west of New York City, and then well north and west of Boston. There could be some spots to get over ten inches of snow from this storm, no kidding. So, like you said, it's been a while since we've had a major winter storm along the East coast. I mean, or are we ready for this? I think we're ready. I mean we've had a lot of practice. Anybody over the age of fifteen has seen, you know, a number of snowstorms in their lifetime. But yeah, last winter, I think the deepest snow we saw in the Boston area was like three and a half inches in February. So I think the big problem is going to be pe will not used to driving in it because it's been over a year. The good news is it's falling on a Saturday night and a Sunday in many areas, so their traffic won't be as bad. We don't have school in session, so that'll be helpful. But people are definitely going to have to take some time, particularly in those areas where there's going to be that transition from a mixture of rain and snow to snow, because that snow will be heavier and wetter. Therefore it's more slippery, it's greasy. So those areas just north and west of Boston, New York City, Washington, and Baltimore really need to be careful when the precipitation's falling during Saturday afternoon through Sunday. Well, a lot of people who live along the Interstate ninety five quarriter know that that freeway is often right along the boundary between where rain and snow happens. I mean, if this system sticks around for a little bit longer than expected, could we be in for a pretty dicey Monday morning commute. I think Monday morning is going to be okay, particularly in the district in Baltimore, because it dries out Sunday afternoon, So I think the roadways are going to be okay. York City Boston different story. Those areas where they don't get a chance to clean up the slush along the I ninety five corridor. Temperatures are going to be going down Sunday night, and that's going to have the tendency allow those surfaces to refree. So it could be a little bit more dicey New York City on up in the Boston Monday than it is around the district in Baltimore since it is on the weekend. We think in good skiing, well, you know, the ski areas in northern New England and northern New York State really aren't going to see much from this storm. At all too far out to see. It'll be cold enough so they can make some snow. Where this is going to help out is the resorts in West Virginia and on up into Pennsylvania. They'll do fairly well. The Poconos are going to do great. This is going to be their best snowfall in a while, and they'll have real good conditions come Monday and Tuesday in the Poconos. But for northern New England northern New York State, I think the snowfall amounts are probably going to be under two inches. Well anyway, I guess this couldn't have come in a better time, happening on the weekend. But thanks for this, Rob. Again, that was Bloomberg meteorologist Rob Carolyn getting us ready for the first winter storm for the East Coast of twenty twenty four. Well, let's move on from watching the weather to watching the data. Investors have their eyes out for the last look at the US labor market in twenty twenty three with the December non farm payrolls report. Do out an eight thirty am Wall Street time here to get a set for those numbers. Simon French, chief economist at panmir Gordon Simon. Great to speak with you this morning. Now, the consensus on the Bloomberg terminal, it calls for more moderation, one hundred and seventy five thousand new jobs expected, a tick up for the unemployment rate to three point eight percent. What's your expectation, I think a little bit stronger. Good morning, Nathan. I think the big question for me is US labor market participation appeared to peak during the summer and come back down, but there's conflicting data points as to whether that labor supply pictures is true. And if we start a season more people coming back into the labor market, I think there's potential to still add more jobs than than that estimate. Yes, I think the big influence though for futures on interest rate expectations will be the unemployment rate rather than the number of jobs added, and that I think when you're looking at the kind of rules of thumb we sort of saw the Federal Reserve and moved to in their recent minutes, anything three point eight three point nine will start to firm expectations of the rate cutting cycle this side of the mid year. There's been a lot of talk about four percent potentially being the trigger point for the Federal Reserve to think about cutting interest rates further. Could we see an upside surprise? What's the potential for that? Well, I think four percent is being focused in on by a lot of analysts because of the Palm rule. This is the if you like, the equivalent in the labor market for what we know in the bondom market from a Yeald curb and version is a decent signal of a recession. The Psalm rule looking at er point five five percent increase on the twelve month low point for unemployment, and that would something like four percent would take you there, But you have to get there on a three month average, and we're not going to get that even if we get that print today. But what it would do is it would suggest that by February, the time of the February report, you potentially hit that farm or threshold, which could prepare the ground for rate cutting cycling Q two. So that is why I think analysts are focusing on four percent. Of course, we're going to be keeping an eye out for average hourly earnings as well. Labor force participation feeds into that as well. Where do you see wages going If we find evidence that companies are holding on to employees, or perhaps more people are coming off the sidelines. Yeah, so I think there's I think one of the failures actually of the economics profession in the last couple of years, it's been an inability to recognize that nominal pay awards take their queue from overall price inflation, and therefore I think the helpful price dynamics from gasoline prices, from overall prices coming down in the US economy or the rate of increase coming down, should ever a spillover effect into nominal wage awards. I think there's an over focus, perhaps two model driven from the way central banks model this stuff to look purely at participation in capacity rather than the signals coming from the overall price level. So I actually expect a continued moderation in nominal pay awards with the quits rate and job openings falling as well. What does that tell us, Simon about the state of the US economy. Are you still thinking that we could be in for a soft landing given where labor dynamics are right now? Nathan, I think you know I'm not a fan particularly of the soft landing hard landing descriptor, mainly because lists. Economists, they tend to define it that they see fits reverse fit their narrative. But if you're looking at a moderation of those jolt data points on quits on hires from some very very extreme levels and a moderation without overshooting, then actually that's the message we got from the Joltz data I felt, which is you are starting to hone in on more normalized levels of labor market churn, and that has to be a positive thing, whether it's a soft landing or hard landing in terms of the hard data of economic activity pass but on those metrics, it's quite encouraging. From the Federal Reserve, they've been able to engineer this. We've seen a lot of activity in the options market ahead of this report, a pretty big bet that we could see ten year yields rise more than ten basis points by the end of the day. What kind of volatility are you expecting off the back of this jobs report in the bond mar So, I think that's that would be my whether it's an hourly end of day expectation, some more medium term view from my perspective is the bomb mark has got over excited by the pace of potential rate cups. In my view, I think pricing in five to six for the year when it's unlikely the first pirmacy you're going to have enough data to start cutting before the middle towards the back end of Q two, that becomes a really difficult thing to do with only four better reserve meetings in the second half of the year. So I think that expectation that you allude to of slightly firming yield is consistent with perhaps a reassessment of quite how aggressive the FED can be in the data have in front of them. Got about a minute left here, Simon. Not only is the FED going to be focused on the labor market, but we've got inflation data, more inflation data coming out next week as well. Well. What's your expectation on where we could see consumer prices headed. Well, a lot of the base effects that have been driving US inflation lower over the last twelve months, and this is simply some very exceptional numbers leaving leaving the annual comparison. That does mean we're in for a period where the data is going to bounce around in a sort of stubborn stubborn range around three percent. And the question, I guess the Federal Reserve need to ask themselves not all just based on the data, but their understanding of how price setting is going on at district level as well. Is the degree to which that can over an eighteen month two year of you moderate back towards two percent of their central forecast suggest But actually the real economy is not necessarily showing those signs. So I think we're in for a period where month to month will dot around very uncomfortably higher levels than the two percent targets, and is consistently all be seeing in terms of commodity imple prices shipping rates providing less of a down with base effect push than the single last one month. This is Bloomberg day Break Today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh six to one in Boston, and Bloomberg ninety sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, SERIUSXM, the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee 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Bloomberg Daybreak: US Edition
Trump Banned from Maine Ballot; Supply Threats amid Red Sea Attacks

Bloomberg Daybreak: US Edition

Play Episode Listen Later Dec 29, 2023 17:19 Transcription Available


On today's podcast: 1) Maine's secretary of state ruled that Donald Trump cannot run in the state's Republican primary, citing his efforts to overturn the 2020 election results. 2) The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal even though attacks from Yemen-based Houthi rebels show no sign of stopping. 3) Nvidia Corp., the world's most valuable chipmaker, is selling a less-capable version of its best graphics product for video gamers in China, after the US government tightened restrictions on what the company can market in that country. Full Transcript:  Good morning. I'm John Tucker and I'm Karen Moscow. Here are the stories we're following today. Let's begin with politics and another ban for Donald Trump. Maine's secretary of state has removed the former president from the Republican primary ballot ahead of the twenty twenty four election. Details this morning from Bloomberg's Ed Baxter, Secretary of State Shedd of Bellows, is using the insurrection clause to become the first election official to take unilateral action. Bellow says insurrection for his activities in the January sixth election overturn riots. The Trump campaign says it will appeal in Former Congressman John Katko says it should go to the top. It's got to go to Supreme Court. Several states and now I had this ruined. So the Supreme Court's going to set the parameters of what we do with situationally like this going forward. So the US Supreme Court should have a number of cases now from which to choose on the issue. At Baxter Bloomberg Radio, All right, ed, Thanks, And ahead of yesterday's decision, presidential campaign blasted main Secretary of State Shenna Bellows, colloring her hyperpartisan and a virulent leftist. Trump's campaign says it will quickly seek to appeal her decision in Maine State court, and turning down to geopolitical news, half of containerships which regularly use the Suez Canal are avoiding the route and the recent attacks by the houthy militants of the Red Sea. Data compiled by Flexport shows two hundred and ninety nine container ships have either changed course or planned to That accounts for eighteen percent of global trade. Mercury Resources CEO Anton Posner says many major firms want to know more about the US response to the attacks. We're seeing increased freight, increased insurance, a lot of uncertainty, and mixed signals from shipowners, container lines, and from governments on what's happening. To basically mitigate the risk and the threats that are out there, phonesium in the ardent groups. Mercury Resources CEO Anton Post nurses some companies are your puting off decisions until the new year, as at tax continue. The US says it's speaking with shipping firms in an attempt to ease the concerns, and Johnny also continued to follow developments in Ukraine, Russia launching deadly strikes on civilian targets in Ukrainian cities overnight. It came days after Russia reported one of its ships in Crimea was damaged by Ukrainian missile strike, with Kiev stepping up attacks against Moscow's navy, and as we enter the new year, Ukraine's pleating with foreign donors to send aid a mid uncertainty over its twenty twenty four budget and turning down to the markets and the final day of the twenty twenty three rally with the investors anticipating FED rate cuts in the new year. The S and P five hundred cap yesterday's session just a few points away from its all time high. This year, the S and P five hundred is up almost twenty five percent, with the MSCI All Country World Index rallying about twenty percent. Mona Mahajan, the senior investment strategist with Edward Jones, says the rallies broadened over the final bonds of twenty twenty three year really driven by that magnificent seven a large cap technology trade, and over the last few weeks we have seen a broadening of participation, whether it's value cyclical parts of the market, whether it's small and MidCap parts of market, whether it's bond markets, all of which have played some catch up in recent weeks. Mana mahajin with m Where Jones says signs of cooling inflation and anticipation of a FED pivot continued to drive the rally forward and oversus this morning, John European stocks eking out one last gain on the final trading day of the year, but it's not all good news specifically in the UK, and Bloomberg. Stephen Carroll joins us with more from London. Good morning, Stephen, Good morning, Karen and John. Inflation has slowed sharply in the UK in recent months, but consumers are increasingly worried about the year ahead. A KPMG survey shows four and ten people are more concerned about their financial security now than they were a year ago, while data from Barcleycard indicates households are cutting back on things like clothing and eating out. All of that raising fears of a consumer that could tip the economy into session. When relative bright spot the latest house price data from nationwide showing prices fell less than two percent in twenty twenty three, defying expectations of a sharper downturn in London, Stephen Carol Bloomberg Radio, thanks Steven and In a banner year for stocks, the Nasdaq scept for its best year since nineteen ninety nine after his seven trillion dollar search artificial intelligence mania driving the run for the tech heav engauge from Nvidia to Microsoft, the seven largest US tech stocks, the Magnificent Seven, were responsible for sixty four percent of the nanstac rally this year. The index is up over fifty percent in twenty twenty three. And speaking of Nvidia, John the chip making giant is selling a hobbled version of a gaming chip to its Chinese customers. Bloomberg Tech reporter Ian King says the move comes after the US government tightened restrictions on what the company can market there. Really what matters is what happens in the AI accelerator market, and Video said it's going to have new tips for that business for China to meet these new rules. We don't know when that's coming, orisindeed if that will actually come, and that will have a much more concrete impact on revenue and bloombergsing and King says, this version of Nvidia's chip for China's market has about ten percent fewer processing cores than what it sells in other countries and elon Musk acts formally, Twitter lost its effor in court to block at California loss seeking to control toxic posts. More from Bloomberg's Charlie Pellett. In an eight page ruling of federal judge in Sacramento rejected arguments by the company formerly known as Twitter that the measure violates the free speech rights of social media platforms. The ruling comes after Musk ignited a firestorm in November by endorsing anti Semitic posts on his platform. X Corps CEOs scrambled to contain the fallout after major advertisers like Sony, Discovery, Apple, and CBS stopped or paused spending on the site. In New York, Charlie Pellett bloom Radio, it is time now for a look at some of the other stories making news around the world and for that were joined by Bloomberg's Amy Morris, Amy, Good Morning, Good morning, Karen. The Biden administration is warning Texas about its new immigration law to deal with illegal migration, Bloomberg's Nancy Lyons reports in a letter. The Justice Department reportedly says it will file a lawsuit against Texas if it implements the law that would empower state and local law enforcement officials to arrest, jail, and prosecute migrants suspected of entering the US ilegally. CBS News reports the DOJ says the law would basically criminalize actions that are already illegal at the federal level, and would undermine relations with Mexico and prevent officials from enforcing federal immigration laws. The measure is already being challenged by the American Civil Liberties Union that argues the law is unconstitutional. In Washington, Nancy lyons Bloomberg Radio, more US sailors and marines are being moved into the Eastern Mediterranean. CBS for reporting the two amphibious ships carrying fifteen hundred sailors and marines, along with jet fighters, helicopters, and armored vehicles, have transited the Suez Canal from the Red Sea into the Eastern Mediterranean. This gives the US military more ability to evacuate Americans from Lebanon if necessary. Israeli officials have been increasingly vocal with their threats to clear out a buffer zone in southern Lebanon if Hesbella's shelling of northern Israel doesn't stop. President Biden meanwhile says he's devastated to learn another American was killed by AMAS. American Judy Weinstein Hagai, was killed in the October seventh Hamas incursion. Biden vowed to do everything possible to bring home the remaining hostages, including IDF soldier Aiden Alexander from New Jersey. Alexander's mother is calling for her son's return. He's my boy, and every day, every minute of the day, I'm just I'm terrified. There are now six Americans presumed captive in Gaza, and the World Health Organization says it's getting harder to deliver medical supplies and fuel to Gaza because hungry people keep stopping the convoys searching for food. Gaza's health ministry also says dozens of people were killed in strikes across the Gaza Strip yesterday, days after Israeli forces said they'd be expanding operations. The Washington Post reports the director of one hospital says Sunday's attack killed at least eighty people. Global News twenty four hours a day and whenever you want it with Bloomberg News. Now I'm Amy Morris, and this is Bloomberg Karen. All right, Amy, thanks. We bring you news throughout the day right here on Bloomberg Radio. But now, as Amy's said, you can get the latest news on demand, and that means whenever you wanted, just subscribe to Bloomberg News Now to get the latest headlines right at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot com plus apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's Dan Schwartzman. Dan, good morning, Good morning Karen. The Cleveland Browns clinched just their second trip to the playoffs since two thousand and two with a dominating performance against the New York Jets. Joe Flacco got hit. He rolls out of the head, he runs it, then he crows it and fort caught it head, the thirty head, the twenty head, the fifteen head, the ten head of five past no good head. He vaulted for tag jing board Hot you. That's courtesy of ESPN eight to fifty Radio in Cleveland, behind three hundred and nine passing yards and three touchdowns from Joe Flacco. The Browns improved eleven and five on the season with a thirty seven to twenty win over the Jets. Jerome Ford catching two touchdown passes while David and Joe who gains one hundred and thirty four yards on six catches. Jets fall to six and ten on the season. Week seventeen of the NFL season continuing Saturday with the Marquee matchup in Dallas as the ten and five Cowboys are hosting the eleven and four Detroit Lions. Speaking of Detroit, the Pistons were oh so close to ending their twenty seven game losing streak as they led the Boston Celtics by nineteen points at halftime and at one point by twenty one points before collapsing and losing in overtime one twenty eight to one twenty two. By dropping their twenty eighth consecutive game, the Pistons time the Philadelphia seventy six ers for the longest losing streak of all time, which Philly accomplished between the end of the twenty fourteen twenty fifteen season and the start of the next year. Elsewhere, Nikola Jokich turning in a perfect triple double, not missing from the field or the free throw line in the Nuggets one forty two to one to five, winner of the Grizzlies. That's your Bloomberg Sports update on the ent shportsman from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on SYRIASXAM, the Bloomberg Business Appen Bloomberg dot Com. This is Bloomberg Daybreak and good morning. I'm John Tuckery. You did hear. Among our top stories mains Secretary of State rule that Donald Trump cannot run in the state's Republican primaries, citing his efforts to overturn the twenty twenty election results. Let's take a deeper dive into the story this morning. We're joined now by Terry Haynes of Pangea Policy. Always a pleasure to speak to you, Terry. Certainly it's not going to be the last word, and it sets up for what one observer calls an epic constitutional showdown. What is your view? My view, firstly is discount anytime anybody says things like epic. But secondly, John, I think what you have to understand is what listeners have to understand is a little bit of perspective here Colorado. This Colorado Supreme Court, by a four to three decision, made its determination, but its Secretary of State has already said that Trump's going to be on the primary ballot, you know, abbs in some sort of additional action. So if that doesn't confuse things enough. Secondly, what you've got from the main Secretary of State yesterday is kind of an executative version of what the Colorado Supreme Court said, deciding on our own that trum Trump was an insurrectionist, but also understanding that the thing is going to be appealed. Net I wouldn't look for any of these things to stick. The Supreme Court of the United States is almost certainly not going to allow states to decide how to interpret the fourteenth Amendment of the Constitution, or alone denied candidate to federal rights under the Fifth Amendment. So, you know, generally speaking, I think these things are overblown. And the last thing I will say is there's a lot of state and federal courts that have decided in ways opposite of the Colorado and main courts. People need to remember that too. Donald Trump initially ran as a disruptor, and now he seems to be running as a victim. Does this all embolden him or does it give rise to some something along the lines of Trump fatigue. You know, that's a very good question, and I think the answer probably is some of both. The conventional wisdom right now is that this emboldens and empowers him with the electorate. You can certainly see how that might be so instinctively. But at the same time, it also I think adds to the appeal of not Trump Republican candidates who say, look, if you like the conservative policies and have them during Trump's administration, we can have those back, and we can have them without the circus. We're going to find out which of those is true, or potentially whether both of them are true, starting in about three weeks in Iowa, and so you know, we will see. But the attains me not to make a call on that, but I mean, truly we will see. I'm not going to be the expert on the feelings of the Iowa electorate, but the bottom line is is that I underperformed in the Iowa caucuses is going to give rise to a narrative that Trump, it might not be as strong, and the challengers are getting stronger, and that will reinvigorate the race at it to some extent. All right, speaking of challengers, Nikki Haley also making news with what she says or doesn't say, are the causes of the Civil War, namely slavery. How does that play out in the election cycle. I think that's a blip, honestly, John. It's used by and I'm not meaning to to minimize, No, I mean to minimize what she said or how she said it. But I think it's a blip. You know, she did what she needed to do, which was she was trying to make a trying to use a kind of states rights versus federal point about the war to make a case about the tensions that exist today. It was ham fisted, and she took it back, she clarified, and I think that that goes away pretty quickly. Honestly, this is kind of out of left field. Is Joe Biden going to stick with Vice President Kamala Harris as his running mate? Oh? I think so. Yeah. The Biden sees Harris whole including faults, but he would have a devil of a time taking taking her off the ticket at this point, and for that reason alone, I think he won't give us your view of how the election is all playing out. I will refer listeners right back to a very interesting Bloomberg story on the terminal about a Quinnipiac poll that was released on Wednesday that shows Biden and Trump basically the dead heat and the popular poll, but if you add Bob Kennedy to it, it becomes a thirty eight Biden thirty six Trump Kennedy twenty two race. And I point that out only to say that I've been saying for some time that third parties are going to be more invigorated and more important to this presidential race. You're listening to Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one o six one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, serious XMVI iHeartRadio app, and on Bloomberg dot Com. I'm John Tucker and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg or DaybreakSee 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Bloomberg Daybreak: US Edition
Global Bond ‘Carnival' Sets Stage for Record Two Months; Apple SmartWatch Time

Bloomberg Daybreak: US Edition

Play Episode Listen Later Dec 28, 2023 17:05 Transcription Available


On today's podcast: 1) The world's debt market is on track to post its biggest two-month gain on record as traders ramp up expectations that central banks everywhere will slash interest rates next year. 2) Apple Inc. said it would put its latest smartwatch models back on sale in its US retail stores Wednesday after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. 3) One of Cathie Wood's exchange-traded funds has executed a massive shake-up in its Bitcoin-related holdings as the cryptocurrency rounds out a blockbuster year. Full transcript:  Good morning. I'm John Tucker and I'm Karen Moscow. Here are the stories we're following today, the massive year and rally in bonds. In fact, the world's debt market on track to post its biggest two month gain on record. Bloomberg's Cretigoda has more other reasons behind the move. It's a complete when eighty in the markets. As investors around the world become more and more confident that inflation is actually in the rare view mirror, it's creating a massive bet in the bond market that is really unseen historically. The momentum that you're seeing in just the last two months has really created this idea that maybe you might see rates go even lower in twenty twenty four, not just from the Federal Reserve, but from market participants as well. Swaps, the measure through which traders make bets on the Federal Reserve and other central banks around the world, well, they're pricing about one hundred and fifty basis points of rate cuts right here in the United States and the UK next year. It's almost one hundred and seventy five basis points in the Eurozone. As investor confidence bills, the central banks have done their job, RIGHTO brigs Quitty Goop, who says the Bloomberg Global Aggregate Total return indexes risen nearly ten percent over November and December. Well, we turned to equities now, John, and European stocks are hovering near a two year high after the rally seen across Wall Street in Asian markets, and we go to London and get the latest with daybreak, europe banker Stephen Carroll, Stephen, thanks, Karen and John. European markets started out the day with gains, but that positive sentiment has petered out for now. The stock six hundred has dipped into the red, along with the benchmarks in London, Paris and Frankfurt. Energy among the worst performing sectors, Oil majors falling as crude prices retreat. Now, trading volumes across Europe are less than half their thirty day average, but the European benchmark is up almost thirteen percent this year, and it's still hovering at its highest level since January twenty twenty two. In London, Stephen Carrol Bloomberg Radio, all right, thanks Steven. Oil retreating from a one month high. Traders say key technical gauges their flashing weakness amid thin holiday trading, supply risk posed by Yemen based hoothy rebels haven't abated, even as incidents in the Red Seas start to slow down. The shipping giant hapag Lloyd says it will keep its vessels away from the Red Sea, despite the launch of a US led task force to protect the key trade route. Sylvia Westall is Bloomberg's managing editor in the Middle East. This idea of having a protection for shipping in this region, it actually already exists, as actually already forces based there. So I think some of the companies are a bit confused as to what it will really entail. Bloomberg's managing editor, Sylvia Westall says spot rates for a container shipping have jumped twenty six percent over the past four weeks. As we check Brent Crue, the international benchmark, it is down thirty one cents at seventy nine thirty four a barrel, and John Bitcoin is about forty three thousand dollars. It's been quite a run for the cryptocurrency we get more with the Bloomberg's Eddie Vanderwald prices went up from about sixteen thousand in the end of last year to more than forty three thousand at the moment. That's a rally of one hundred sixty percent, which you know, in bitcoin land is not uncommon. We do see these big up moves, but usually that is you know, associated with a lot of excitement and a lot of media attention and so on. We haven't seen that this year. What we are seeing though, is as the expectation of lower rates in the US and elsewhere probably comes to fruition. Next year, money becomes cheaper and there's more speculative money around, and some of that can flow into into assets like bitcoin, and Bloombergy Eddy Vanderwald says optimism over our possible sec approved bitcoin ETF is also helping fuel gains. Meanwhile, Caaren Well Kathy Woods Exchange Traded Funds has executed a massive shakeup in its bitcoin related holdings. More from Bloomberg's Jeff Bellinger. The Arc Next Generation Internet ETF sold all of its remaining shares of the Grayscale Bitcoin Trust, according to data compiled by Bloomberg, and on the same day, our investment management data show that it bought more than four point three million shares of pro Shares Bitcoin Strategy ETF, making it the fund's second biggest holder. Wood has been trimming her holdings in the Grayscale Bitcoin Trust in recent months, even as bitcoin rose to its highest levels since April of twenty twenty two. Jeff Bellinger Bloomberg Radio, All right, Jeff, thanks well. Apple putting its latest smart watch models back on sale and its US retail stores a's after it went accord ruling pausing a US sales ban on its newest models. Mark German covers Apple for Bloomberg in California and sin So, what happens now the Apple stores in the US did, about two hundred and seventy of them began resuming sales of the Series nine and Ultra TiO that are at the very center of this patent dispute with Massoow Thursday about noon Pacific time, the Apple Watch Ultra TiO in series line will return to the online stores. You could buy the model that you'd like from their online store and then staring on Saturday, all Apple stores in the US nationwide will begin car the alteratt series sign again, and Bloomberg's Mark German says the ruling now buys the company sometime and it's ongoing patent dispute with medical device maker Massimo. In geopolitical news, the Biden administration that is announced to another aid package for Ukraine. Bloomberg's Baxter has the story. It is two hundred and fifty million dollars in weapons and equipment and the final package of the year. It's drawn from Pentagon stocks, including ammunition for artillery and air defense systems, as well as anti armor munitions and more than fifteen million rounds of small arms ammunition. The DoD as well says that Javelin anti tank systems and Stinger Ata aircraft missiles will be offered. Secretary of State Anthony Blinken, in a statement, said it is imperative the Congress act swiftly to advance our the US national security interests by helping Ukraine defend itself. Ed Baxter Bloomberg Radio. All right, John, thanks time now for a look at some of the other stories making new around the world. And from that we're joined by Bloomberg's Amy Morris Samy. Good morning, Good morning, Karen. A coalition of mayors is asking the federal government to provide more support to manage the influx of migrants arriving by bus or plane from Texas. Mayors from New York City, Denver, and Chicago all say they need help as Texas Governor Greg Abbott sends more migrants to Democratic led cities. Chicago Mayor Brandon Johnson all of our cities have reached a point where we are either close to capacity or nearly out of room. Without significant intervention from the federal government, this mission will not be sustained. In addition, New York City Mayor Eric Adams has issued an executive order which requires thirty two hours notice from charter bus companies transporting migrants to the city. President Biden is justifying US attacks on targets in Iraq. Bloomberg's Nancy Lyons reports. In a letter to congressional leaders, President Biden says that Christmas Day attacks on three installations linked to an Iran backed insurgent group were necessary to prevent further attacks on US military personnel. Biden writes that the strikes were intended to quote degrade, and disrupt attacks on the US and its partners, and to deter Tehran's proxy forces from conducting further attacks. The US and its allies are trying to keep the Israel Hamas conflict from escalating into a broader war. In Washington, Nancy lyons Bloomberg Radio residential candidate Nikki Haley is refusing to say that slavery led to the Civil War. During a New Hampshire town hall yesterday, a voter asked Haley what was the cause of the Civil War, and the former South Carolina governor and ambassador to the UN gave a lengthy response about the role of government and the rights of the people, but she never mentioned slavery. What do you want me to say about slavery? I love, argued my question. Next question, the voter who asked the questions that he found it astonishing slavery wasn't even mentioned. US Representative Lauren Bobert says she's changing districts in Colorado. It's the right move for me personally, and it's the right decision for those who support our conservative movements. Alberta Republican announced on Facebook she'll move to the fourth congressional district, trying for the seat vacated by Ken Buck, who won't be seeking reelection. Global News twenty four hours a day and whenever you want it with Bloomberg News. Now, I'm Ami Morris. This is Bloomberg Karen right Amy, thank you. What we do bring you news throughout the day right here on Bloomberg Radio. But now, as Amy said, you can get the latest news on demand, and that means whenever you want it. Just subscribe to Bloomberg News Now to get the latest headlines at a click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot com plus apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's Dan Schwartzman. Dan, Good morning, Karen Stunner in Denver. As the Broncos have decided that nine time Pro Bowl quarterback Russell Wilson will be benched starting a Sunday's game against the LA Chargers, Jared Stidham will get the start. Head coach Sean Payton says it's all about getting a spark on offense, rather than get into the specifics, because I think that would be unfair today. It's more about what we're We weren't doing effectively enough offensively, and you know, when we were getting two or three turnovers. It's one thing, but you know. Ultimately our job is to get the ball in the end zone, and we've got to be more efficient doing that, all of us. That's Curtisyebroncos dot Com. Wilson starts the first year of a five year, two hundred and forty two point six million dollar extension next year at thirty nine million bit guaranteed for twenty twenty four. If Wilson can't pass a physical in early March, thirty seven million more will be guaranteed. Week seventeen of the NFL season gets under way, the Jets on the road in Cleveland facing the Browns. Cleveland is ten and five, Jets come in at six and nine. Trevor Simeon gets a star for New York Joe Flaco. He is a quarterback for the Browns. The finalist for the Pro Football Hall of Fame class at twenty twenty four half in announced. First time candidates include Julius Peppers and Antonio Gates. In the NBA, the Philadelphia seventy six ers remain hot. They knock off the Magic in Orlando one twelve to ninety two. Meanwhile, Milwaukee a big one forty four to one twenty two win over the Brooklyn Netsianna Santa Tocompo thirty two points, ten rebounds and eight assists. That's your Bloomberg Sports Update. I'm Dan Schwartzman from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias, exam, the Bloomberg Business app and Bloomberg dot Com. This is Bloomberg day Break, and I'm John Tucker. Good morning. The world's bomb market on track to post its biggest two month game on record. Meantime, SMP five hundred flirting with a record. Let's get you set up for the trading day ahead. We're joined now by Tim Craighead Bloomberg Intelligence Senior equities strategists. Hey, equities guy, Let's start off with Yeah, the debt market. Investors seem convinced central banks have won their battle against inflation. What could possibly go wrong? Tim, Well, I'll tell you it's very apropos to start off with a bond market if you're talking talking about stocks, because that's what striving stocks right now. There is no doubt about it. To the degree that we've seen, whether it's US, whether it's Europe, around the globe, a big rally since late October he had equities. It's all about bond markets. And if you look at expectations of central bank policy and use the FED as the bell weather, we've gone from expecting no rate cuts over the course of the next six to twelve months to where now you're looking at fifty basis points in six months and one hundred basis points in a year. And this is the issue. John. If this doesn't play through, if we have a change in reference for some inflation spike or something along those lines over the course in the next month or two, then this run we've had into year end across all asset classes is due for one of these abrupt, volatile changes like we saw a couple of times in twenty twenty three. That's the risk. Hey, looking back on history, how unusual is it to see bonds and equities rally at the same time and what does that indicate. It is interesting in that if you look whether it's in the post pandemic period where you can really dig into this microscopically over or longer term, quite often you do see one versus the other. And it's the same in the equities market, where you see either earnings driving equities, or you see valuation driving equities, and you know the corollary there is valuations quite often in stocks are driven by what's transpiring and interest rates. And you know the point that you're making here, it is unusual. We've seen stocks and bonds rip over the course of the past two months, and granted we're from a depressed level where you remember back into the depths of the cell off in October, it was all about uh longer for a higher for longer from a from a policy rate standpoint, and then all of a sudden we started seeing better inflation prints and that whole psychology changed, which allowed the run up in bonds, which allowed the run up and valuation. You look at the pe on either US or European markets and they've they've ramped up a couple of points. That's a big move, and it's all because of the change in bonds. So I think you can find narrow points of time like this where you see a big swing and interest rates that does have an immediate impact in the equities market. And it's all about the valuation connection, all right, specific to equities, what right now is the bar for earnings moving forward? It's a pretty low barrow, I would imagine in the US. Yeah, and I think you're right, and it is a difference between the US and the European markets. From a US perspective, we had an earnings recession through late twenty two into first half of twenty three, and we've started to see positive revisions coming over the last six months as we went through the mid year earning season into the third quarter reporting season, and estimates are still ticking up in the US. If you look over here where I'm at in London and Europe, we actually had much better earnings performance over the course of twenty two into the first half of twenty three. You'd be surprised. If you look to the chart on forward earnings expectations for Europe versus the US. Europe far outperformed over the course of the last eighteen months, but the last three months it started to change. We've had negative estimate revisions here in Europe and that's likely to continue into the next year. We think that's a big risk factor for the first half of the year where we are seeing a tick up in the US, and a lot of that's because of the TMT space, which was really the cause of the earnings, recession in the US starting to actually come alive, and we don't have that crutch. Here. You're listening to Bloomberg Daybreak today, your morning brief. The story is making news from Wall Street to watch Hington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine one in Washington, Bloomberg one O six one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, serious XM, thee iHeartRadio app, and on Bloomberg dot Com. I'm John Tucker and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg Daybreak. HeSee 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Bloomberg Daybreak: US Edition
Stocks Near All-Time High; Tech Heavyweights Team Up on AI

Bloomberg Daybreak: US Edition

Play Episode Listen Later Dec 27, 2023 16:51 Transcription Available


On today's podcast: 1) US futures were steady, with an all-time high this year firmly in sight, and Treasuries gained amid optimism that the Federal Reserve is getting close to cutting interest rates. 2) Legendary designer Jony Ive and OpenAI's Sam Altman are enlisting an Apple Inc. veteran to work on a new artificial intelligence hardware project, aiming to create devices with the latest capabilities. 3) US strikes on targets in Iraq and fresh attacks by Houthi militants on shipping in the Red Sea provided the latest warning signs that the war in Gaza risks expanding into a wider conflict destabilizing the Middle East.   Full Transcript:  Good morning. I'm John Tucker and I'm Karen Moscow. Here are the stories we're following today. In the markets, the S and P five hundred beginning to day hovering at a record The so called Santa Claus rally has left the index just half a percent off its all time high. Despite warnings about overpot levels, equities continue to power ahead on best. The Fed's going to cut rates as early as March, and Bloomberg's executive editor for Markets Paul Dobson says, there seems to be a lot of momentum in the markets. It may be in anticipation of big New year flows into equity funds and people trying to get a little bit ahead of that. As part of the explanation, I think, you know, we're getting very close to that record high in the SMP, and the market loves the target to chase. Bloomberg's Paul Dobson says if the S and P five hundred completes a ninth straight week of gains, it will be its longest winning streak since two thousand and four. Well in Company News, john Tesla could soon lose its title as the world's leader in electric vehicles. The Chinese automaker BYD's sales or forecast to overtake Tesla this quarter. Katrina Nicholas is Global Business editor for Bloomberg in Asia. BYD makes its own batteries and now it also makes its own chips. That has shielded the company from a lot of supply chain crunches over the years. Remember back in twenty twenty during COVID, we had a worldwide shortage of semiconductors and that snarled a lot of automakers. They couldn't get the chips that they needed to make the cous and Bloomberg Global Business Editor Katrina Nicholas as BYD offers half a dozen higher volume models that costs much less than what Tesla charges for its cheapest Model three sedan in China. Meanwhile, Tesla preparing to roll out a revamped version of its Model Y from its Shanghai plant. Bloomberg News has learned the electric carmaker currently conducting preparation work in China, and mass production may start as soon as mid twenty twenty four. Sources say the new Model Why will have much more obvious exterior and interior changes than the most recent update in October, which anadled a new wheel design and ambient lighting. Well John another high tech company in the spotlight this morning, Apple is appealing a US salesman of its smart watches after the White House refuse to overturn the measure. The company is trying to defend a business that generates roughly seventeen billion dollars a year. Mark German covers Apple for Bloomberg in Los Angeles. Apple's belief is they have a software update up at sleeves that will bring the Apple Watch in compliance with the ITC. And so what Apple has done is they submitted details of this software upgrade to the US Customs Agency and on January twelve, the US Customs Agency will make a decision whether or not to approve the refresh to the watch to make them fix. If they go ahead and approve that and the ITC and other entities and the US agree, the Apple Watch can come back to market and Bloomber's Mark German says the US International Trade Commission determined in October that Apple violated two Massimo health technology patents with a blood oxygen sensor in its watches, and Karen saying in the tech sector, a couple of heavyweights joining forces on the artificial intelligence That's good. Details this morning from Bloomberg's Jeff Bellinger. Legendary designer Johnny Ive and open ai Sam Altman are enlisting a veteran to work on a new artificial intelligence hardware project. Sources say that as part of the effort, outgoing Apple executive Tang Tan will join IVES design firm love From, which will shape the look and capabilities of the new products. Altman, an executive who has become the face of modern AI, plans to provide the software underpinnings. The work marks one of the most ambitious efforts undertaken by IVES since he left Apple in twenty nineteen. The designer is famous for the products he helped devise under Apple co founder Steve Jobs, including the iMac iPhone and the iPad. His hope is to turn the AI device work into a new company, but sources say development of the product's remains at an early stage. Jeff Bellinger, Bloomberg Radio. All right, Jeff, thanks, Now we turn to the latest developments in the Middle East. US strikes on targets in Iraq and fresh attacks by hu They militants in the Red Sea, providing the latest warning signs that the war in Gaza risks expanding into a wider conflict of stabilizing the region. Ras Madison is news director for Europe, the Middle East and Africa for a Bloomberg News. You've got all these groups operating in the region, supported by Iran, who are carrying out sort of unilateral attacks on targets throughout the region, including these shippers, and of course Iran sort of warning increasingly that this does increase the risk that they get drawn in. It also increases the risk that the US militarily gets drawn in because of course they're having to shoot down a bunch of this stuff as it's flying around the region targeting this shipping. And we're talking about a coalition of military ships in the region potentially to escort some of this commercial shipping through, and so all of that adds to environment of high tension in Bloomberg's ras Madison says. Benjamin Netanyahu says Israel will expand it's Garza ground defensive in the coming days, despite international efforts to halt the fighting and back here at home care on. Thousands of migrants and asylum seekers are moving north toward the American border. As tom US officials prepared to meet with Mexico's president. That story this morning from Bloomberg's and Baxter. The caravan has reached Chiapas, Mexico, thousands carrying signs that say exodus from poverty. The caravan hopes to reach the border as Secretary of State Anthony Blincoln and Homeland Security Chief Alejandro Majorcas meet with Mexican President Andres Manuel Lopez Odador. The State Department says item one is quote unprecedented irregular migration in the Western hemisphere. Now, the US says the parties need to address border security challenges and identify ways for Mexico to help in the fight. Some of the caravan have traveled from as far away as South America. At Baxter Bloomberg Radio. All right, thanks Karen, and that brings us to five oh seven Time down for a look at some of the other stories making news around the world. For that, we're joined by Bloomberg's Amy Morris. Amy, Good morning, Good morning John. Several pro Palestinian protesters were arrested after swarming Rockefeller Center, Grand Central and other areas of the long holiday weekend. Police arrested at least a half dozen people for disorderly conduct menacing at graffiti now In New York City, Mayor Eric Adams says there's always a serious concern about safety in Time Square. On New Year's Eve, he says there's an added concern protesters will disrupt more celebrations after pro Palestinian supporters tried to spoil the Rockefeller Center Christmas tree lighting over this past year. The police department did an amazing job doing the tree lighting to mitigate any form of major disruptions, and they're going to do it this year. Adam says NYPD will monitor online chatter. Top Biden administration officials are in Mexico today to discuss the influx of migrants. More on this from Bloomberg's Nancy Lyons. US Secretary of State Anthony Blincoln in Secretary of Homeland Security Alejandre Mayorcis will meet with Mexican President andres Manuel Lopez Obrador to address the ongoing border security challenges and what each country can do to alleviate the problem. B Lincoln's office notes the migration across the southern border has been unprecedented. B Lincoln is expected to focus on creating legal pathways into the US as well as additional enforcement in Washington. Nancy lyons Bloomberg Radio Now, one of Mayor Adam's main focuses next year will be trying to get the federal help on the migrant crisis. I have to keep hammering away at this issue, and I'm really pleased that we are now in the chorus of other cities that are joining us. There are currently sixty eight thousand asylum seekers in New York City's care right now. And a new program would allow New York City to direct money to new construction after a tax incentive favorable to developers lapsed last year. The New York Times reports the plan would direct public money toward mixed income housing projects in wealthier neighborhoods. The hope is that developers will produce more affordable units using the income from those high rent market rate apartments. The Global News twenty four hours a day and whenever you want it with Bloomberg News. Now, I'm maybe Morrison. This is Bloomberg John. All right, thanks Amy, and that brings us to five ten on Wall Street. Time down for the Bloomberg Sports Update. And for that, here's Dan Schwarzman. Good Morning John. Week seventeen of The NFL season kicks off tomorrow in Cleveland as the Browns are hosting the Jets. Cleveland is ten and five, Jets coming at six and nine. Jets head coach Robert Salad talking about how the Jets can take some inspiration from Cleveland season. They're doing a really nice job. Defensively, they're playing at an eightee level, very similar. Special teams are doing very well. But for sure, we'll definitely look at some things in areas where we can be better, so in the event this happens again, we can keep the vote above water and just kind of replicate what they're doing. That's courtesy of Jets dot Com. Trevor Simeons starting at quarterback for the Jets. Joe Flacco for the Browns. GA in the NBA to Detroit Pistons, setting a record for most consecutive losses in a single season in league history as they dropped their twenty seventh in a row, losing to the Brooklyn Nets won eighteen to one twelve, Cameron Johnson leading the Nets with twenty four points. Elsewhere in the league, futility in Washington as the Wizards are five and twenty four, losing to the Magic one twenty seven to one nineteen, while the Spurs are only four and twenty five after a one thirty one to eighteen home loss to the Jazz. The Nets added again tonight as their home for the Milwaukee Bucks, while the Knicks are on the road facing the thunder in Oklahoma City. The three day NHL Christmas Holiday is over most of the league in action tonight. The Rangers home for the Washington Capitals. Devil's welcoming in the Columbus Blue Jackets. It's the Boston Bruins on the road of the Buffalo Sabers, while the Islanders are home for the Pittsburgh Penguins. That's your Bloomberg Sports update on Dan Schwartzman from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syria's Exam, the Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg Daybreak. Good morning, I'm John Tucker. We are looking at the risk of a wider Admit East war. This morning. Fresh attacks by Houthi rebels shipping in the Red Sea provided the latest warning signs. Let's get the update this morning, and I'm happy to say. We're joined by Bloomberg's Rob Mathieson, the news director for Europe, the Middle East and Africa. Ro's nice to talk to you again. It's not anything new attacks in this region. What is different this time? Well, that's right. The attacks and themselves are not that new. They have been a patent for many years now in this sort of narrow area of water in the Red Sea. And of course the Houthies who are based in Yemen but bat by Iran sort of quite often targeting shipping in the area, but again sort of harrying them more than sort of causing serious damage. But what we're seeing is an escalation in that pattern of attacks in the backdrop of the war between Israel and Hamas in Gaza. And we're also seeing it come against the backdrop of those other attacks that are going on, strikes against US forces who are based in Iraq, retaliatory strikes against groups that are operating in Iraq, all of those groups in the end sort of seemingly linking back to Iran, which says it's not trying to disrupt commercial shipping in the area, but neither is it seemingly raining in these groups that it supports and so all of that comes at a moment of high tension in the region. You've got significant military forces operating. The US Navy is in the area, other countries sending naval ships to try and support shipping that's passing through, and so the possibility of sort of a broader conflict does exist as a result, although so far we haven't seen that happen, and Iran has sort of urged some restraint itself. In a climate where you just have shipping in such close proximity, the possibility of a broader conflict cannot be ruled out. Is this going to draw in other actors at this point, Well, there are multiple actors on this sort of the Iran supported side already involved in different ways. Obviously in the conflict itself with Israel. You've got Hesblah still lobbying things from the across the Lebanon border. You've got the Huthi's operating out of Yemen. You've got groups operating out of Iraq, so they've got quite a few proxies at the moment for Iran operating in the region. On the other side, you've got the US Navy quite actively trying to support shipping shooting down drones and other rockets as they're firing through the air from Yemen. You've got other countries sort of saying they want to send their ships to support, and this talk this plan for sort of a naval support task force that's going to support shipping and deter further strikes in the region. You've got India talking about sending warships. So again, you've just got an awful lot of actors involved, none of whom who want really to end up in an outright conflict. But again, with so much shipping in close proximity, be it commercial shipping and naval shipping, the possibility of an accident even cannot be ruled out. Yeah, is it likely that the US would be forced to act even more assertively in this region, Well, they're very much not wanting to unless they have to, particularly again when it comes to Yemen. The US has been working hard in recent years to extricate itself from Yemen and of course urging the Saudi Arabians to also de escalate there, and not something that the US President Joe Biden wants to get particularly directly involved in again and certainly doesn't want to get involved in a one on one conflict that involves Ran and so it does exist as a possibility. The US very much doesn't want to end up with boots on the ground in another conflict. They've become very risk averse about that if you see prior history involving places like Afghanistan for example, they don't want to do that. But again, more and more they are engaging directly in support of shipping in the region and shooting down stuff that might be even flying towards Israel from Yemen for example. So at some point it doesn't become a bit moot. Are they sort of involved militarily yes? Are they directly military involved? They would say no, and they don't want to be Whether or not this is your expertise, I don't know. But in terms of the impact on commodities, especially oil for instance, is it kind of surprising we haven't seen a bigger jump in commodity prices as a result of these attacks. Well, we are seeing oil at least being supported as a result of this. You've got brand near eighty one dollars a barrel, it's about the highest level in almost a month. You're also seeing gas prices rise in a way that the commodity that may react more to this is gas because of concerns around restrictions on supply in the region if Iran really got involved in a conflict, and so the immediate concern maybe less about oil and how much needs to be shipped through that region or how much oil can come from Iran, but really the concern is about a possible impact on gas. We saw some gas fields in fact out of operation in the early days of this conflict between Israel and her mask that was out of an abundance of caution, and they have now resumed operation. But really the commodity that may react the most of this is gas, and that's one that we're watching closely. Today. You're listening to Bloomberg Daybreak. Today you're warning brief the story is making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in the New York, Bloomberg ninety nine one in Washington, Bloomberg one oh six one in Boston. And Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, serious xmvie iHeartRadio app, and on Bloomberg dot Com. I'm John Tucker and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day, right here on Bloomberg DaybreakSee 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The Innovation Meets Leadership Podcast
15. Work Like a Boss with Nancy Lyons

The Innovation Meets Leadership Podcast

Play Episode Listen Later Dec 17, 2023 25:38


How can we shift workplace culture to empower employees and unlock their full potential? In this episode of the Innovation Meets Leadership podcast, Natalie interviews Nancy Lyons, CEO and founder of Clockwork Interactive, about her mission to "make work better." They discuss breaking down workplace hierarchies, overcoming learned helplessness and fear, and creating psychologically safe environments where all employees can thrive. Nancy, CEO and co-founder of Clockwork, is an outspoken advocate for making work better - more inclusive, flexible, and adaptable. No one does great work if they're worried or can't bring their whole self to work. She learned this the hard way: by having terrible jobs and not fitting in, experiences many of us can relate to. But how do we create workspaces that actually work for humans, with all their nuances and intricacies? It's on all of us - leaders, employees, teams - to take responsibility for fostering cultures and spaces that work for people. And in doing so, we will make better products, experiences, and work lives. Are you ready for a work revolution? Nancy is leading the charge! Her first book was Interactive Project Management: Pixels, People, and Process, taking a human-centered approach to producing digital products. Her current book, Work Like a Boss: A Kick-in-the-Pants Guide to Finding (and Using) Your Power at Work, is the field guide everyone needs to adopt the actions, attitudes, and attributes that will make work better for all. (00:02:50 - 00:05:30) Rethinking the Future of Work The pandemic fundamentally changed people and work culture; we can't just "snap back" to how things were There is too much focus on "where" people work versus "how" they work and live We need to consider how technologies like AI can improve quality of life (00:05:49 - 00:09:00) The Promise and Peril of AI AI can make lives easier if it is used ethically, but poorly trained AI creates barriers We must ensure that the data training AI represents true diversity Organizations cannot recklessly adopt AI without proper governance and workflows in place (00:09:46 - 00:15:30) Empowering the Workforce The book is aimed at giving every employee a sense of agency and challenging learned helplessness Hierarchy often displaces personal agency It outlines specific fears that hold people back from thriving at work Advice for Leadership (00:15:45 - 00:24:30) Leaders should hire people smarter than themselves Leaders need to listen more and understand different communication styles in their teams Leaders must intentionally work to build psychologically safe spaces "The way work works was decided during the Industrial Revolution when there was a big chasm between the people that owned companies and the employers and employees." - Nancy Lyons "I employ people that are far beyond my abilities, much smarter than me." - Nancy Lyons Connect with Nancy: Website: https://www.nancylyons.com/ LEAVE A REVIEW + help someone empower their businesses through collaboration, innovation, and transformation by sharing this episode or clicking here to listen to our previous episodes. Check Natalie's new book, SET IT ON FIRE: The Art of Innovation, available now at setitonfire.co These are proven solutions to advance your leadership and innovation process. Check out our website innovationmeetsleadership.com, or connect with me on Linkedin, Facebook, Instagram, Twitter, and Youtube. Don't forget to subscribe and leave a 5-star review. Let's go transform something! --- Send in a voice message: https://podcasters.spotify.com/pod/show/natalie-born/message Support this podcast: https://podcasters.spotify.com/pod/show/natalie-born/support

Bloomberg Daybreak: US Edition
An Epic Loss for Alphabet; Traders Eye Inflation Data; Harvard's President to Stay

Bloomberg Daybreak: US Edition

Play Episode Listen Later Dec 12, 2023 23:37 Transcription Available


 On today's podcast: 1) Google's legal defeat at the hands of Fortnite maker Epic Games Inc. threatens to roil an app store duopoly with Apple Inc. that generates close to $200 billion a year and dictates how billions of consumers use mobile devices. 2) Harvard President Claudine Gay will remain in office after receiving backing from the University's highest governing body, according to a report from the college's student newspaper. 3) A monthly Bureau of Labor Statistics report due Tuesday is set to show consumer prices were unchanged again in November, giving the Federal Reserve room to consider lower interest rates in the months ahead, according to Bloomberg Economics. Full Transcript:  Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. We want to begin this morning with an antitrust ruling that threatens to upend the mobile app economy. A federal jury in San Francisco has ruled in favor of video game developer Epic Games, declaring that Alphabet's mobile app store has a monopoly over distribution of programs and payments on its Android software. Like Apple's App store, Google Play charges up to thirty percent commissions for users, and it generates close to two hundred billion dollars a year. Bloomberg Executive editor Peter Elstrom says this was a surprise ruling after Epic lost a similar case against Apple two years ago, but he says there are some key differences. Google had a whole series of special deals that it was cutting with different companies from different fees within the app store. For example, Spotify, the music service, essentially bypass the fees from the Google App Store. In many cases, companies pay thirty percent fees. So the argument was that Google. Google had something that they called Project hug where they were trying to keep the most important apps within the store not go to rival stores that could compete against them in the Google Play Store, and Epic argued that this was at a competitive behavior. Bloomberg's Peter Elstrom says Alphabet plans to appeal the decision. Epic didn't seek financial penalties, but it is looking for changes to the Google Play Store. Well, we turned to Washington, now, Nathan, where the focus is on geopolitics and the fight over a foreign aid in Congress. Ukraine's President Vladimir Zelenski is in Washington for a two day visit. He spoke alongside Defense Secretary Lloyd Austin at the National Defense University yesterday. Process war on Ukraine isn't just about Is it just about some old fashioned dictatorship trying to settle scores real or imagined. It's not just Moscou trying to split Europe again. It's put him put in attacking that big sheet that happened back in nineteen eighty nine. And President Zelenski also met with the head of the International Monetary Fund, A christ Alina Georgiaeva, who announced the dispersal of nine hundred million dollars in aid. Selenski meets today with President Biden and Republican lawmakers. They refused to budge on about sixty billion dollars in new assistance without funds for the southern border. Well, Karen, the focus is also on the other major global conflict in the Middle East. President Biden is warning Israel that public support for its war against Hamas could shift as the civilian death told mounts in the Gaza strip. The President is still backing Israel's fight, as I said after the attack, Mike, commitment to the safety the Jewish people and the security of israel Is right to exist, is independent as an independitary state is just unshakable. President Biden spoke at a Whinehouse Honkka reception as his administration pushes Congress for new aid. Meanwhile, Nathan last Week's Congressional testimony over campus anti semitism continues to Royal higher education. More than seven hundred faculty members at Harvard University have signed a petition urging school leadership to resist political pressures, including calls for the removal of President Claudine Gay. More than a thousand students at alumni, including billionaire donors like Bill Lackman, are demanding this school replace her, and this morning, sources tell the school's newspaper at the Harvard Crimson, that Gay will remain in office. After receiving backing from the university's highest governing body, Gay in the heads of MIT and the University of Pennsylvania struggle to say directly that calling for the genocide of Jews violates school harassment policies. Liz McGill stepped down as Penn's president over the weekend. Sticking with politics, the Supreme Court has agreed to hear former President Donald Trump's claims of presidential immunity over the Special Council's twenty twenty election interference case. Bloomberg Zed Baxter has that story. Special counsel Jacksmith filed the motion, saying it goes to the heart of democracy whether Donald Trump or any other president has what Trump has claimed as absolute immunity. Trump filed an appeal that would go to win Appellet Court, but Smith petitioned the highest court in the land to try to get an expedited ruling. It would end up there in any event. The fighting Mirk's the first time the Court has been asked to intervene in one of these cases on election interference. Regarding mister Trump, Smith is asked for the court to rule during this term, which ends in June. Ed Baxter, Bloomberg Radio, All right, ed, thanks. Elsewhere in politics, ousted former Congressman George Santos is in plea talk to the prosecutors, and Bloomberg's Nancy Lyons has the details. Prosecutors say in a filing that they're engaged in discussions with George Santos in hopes of resolving the matter without a trial. Santos was set to appear to hearing Tuesday. Santos is charged with multiple federal counts of stealing public funds and lying on federal disclosure forms. Two people tied to Santos's congressional campaign as former fundraiser and former treasurer, have both pleaded guilty to federal charges in Washington. Nancy Lyons, it's Bloomberg Radio. All right, Nancy, thank you. We have some major economic news on the calendar this morning. The November Consumer Price Index comes out at eight thirty Wall Street time. The final Federal Reserve meeting of the year kicks off today and we get the decision and Chair J. Powell's news conference tomorrow. Markets are looking for rate cuts next year. But Bloomberg Intelligence chief US interra strate Strategistyreg Jersey thinks Powell is going to push back. The Fed is still an inflation fighting mode, right and I think that they don't want the market to think that they're going to be cutting very early, because that's loosening financial conditions quite a lot. And because of that, the big risk is to markets on Wednesday is that they say, hey, we're probably not going to cut quite as aggressively as the market's thinking right now. In Bloomberg, Syra Jersey says, even if headline inflation meets market expectations, core CPI could remain elevated enough to keep rates on hold well into twenty twenty four. Tim how to take a look at some of the other stories making news around the world with Bloomberg's Amy Morris. Good morning, Amy, Good morning, Nathan. Firefighters didn't find anyone trapped in the debris of that New York City apartment building yesterday. Part of the seven story building collapsed, leaving apartments exposed and walls just sheered off. Neighbors are stunned. Came from the top first and it just started falling down everywhere. I just see a lot of stuff just flying down. I don't even know the bullet and phone and tire really look was scared. I was, I'm thinking, you know, oh, everybody's okay. Fire officials say two people did suffer minor injuries while they were evacuating the damaged building. After a poll last week showed Mayor Eric Adams approval rating for a record low twenty eight percent, there's a new poll showing who could be the person to succeed Adams. Leading the list. Former New York Governor Andrew Cuomo. Political consultant Ken Friedman says Cuomo would be a viable candidate, and he tells WABC New York the timing for Adams is just awful. The migrant issue is a terrible problem for any mayor, to be fair, and I can't you know, I've thought about it a lot. And have you put you put LaGuardia in office now, I don't think he could handle this, or even Giuliani. Frankly, some observers say it's the migrant crisis that's hurting Adams more than anything else. Former Trump lawyer Rudy Giuliani's defamation case is underway in DC. Giuliani had earlier admitted he spread lies about two Georgia election workers, accusing them of manipulating ballots, but now as the case gets underway, Giuliani now denies that he likes when I testify, to get the whole story, and it will be definitively clear that what I said was true and that whatever happened to them, which is it's unfortunate if other people overreact, but everything I said about them is true. The hearing is to determine how much he owes for spreading the lies about the women. President Biden last week said he was willing to make significant compromises over border policy now before Congress breaks for winter recess. Senate Minority Leader Mitch McConnell told the White House in his Senate floor remarks, it would be imperative for any other Senate support mister President when it comes to keeping America safe. Border security is not a side show. It's ground zero. McConnell's latest push comes as Ukrainian President Voladimir Zelensky is scheduled to address the Senate. Global News twenty four hours a day and whenever you want it with Bloomberg News. Now, I'm Amy Morrison. This is Bloomberg. Nathan, all right, Amy, thank you time now for the Bloomberg Sports Update, brought to you by Tri State Outy. Good morning, John Stanshout, Good morning, Nathan. The legend of Tommy Cutlet Stavino continues to grow. It's quite a story. Undrafted rookie quarterback latches on with his hometown team while still living with his parents. He goes from third string quarterback to first leads the Giants to three straight wins. Last night, DeVito ran for seventy one yards and he completed seventeen of twenty one passes, one per touchdown. Gasito in a shotguncept three receivers lacked partly news light Torino call signals and take what's the snack back to throw Woo's KOs White, Wo's Ques White looking for someone on cover crosse to the year zone touchdown Giants Hi Sea Hodgin on WFA N. Giants led the Packers by eight. Green Bay rally took the lead on a TV with a minute half to go, but de Veto drove the Giants into field goal range and they won twenty four to twenty two on a Randy Bullock thirty seven yarder. The Giants still just five and eight, but amazingly in the NFC, that's only one game out of a playoff spot. There were two Monday Nighters and the Titans of Dolphins also a thriller in Miami. Huge comeback by Tennessee down two touchdowns less than three minutes to go, they scored fifteen points a TV at two pointer or another TV fifty one seconds later. Tennessee won twenty eight twenty seven. Surprising details emerging about the show Aotani contract with the Dodgers. It is for seven hundred million dollars, but all but twenty million will be deferred and paid off starting in twenty thirty four. This allows the Dodgers to afford other players, and they're said to be in it for another Japanese import pitcher, y Ashinobo Yamamoto, who the Mets and Yankees also cover. Yanks met with him yesterday. Nixon Islanders both beat Toronto, the Nets lost in Sacramento. John Stash Edward Bloomberg sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias exam, the Bloomberg Business app and Bloomberg Dot com. This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. We could have a sea change coming to the way we access the apps that make our smartphones more than just phones. The federal jury in San Francisco has found that Alphabet's mobile app store Google Play is a monopoly after a nearly month long antitrust case with fortnitemaker Epic Games. For more on this what it could mean for the multi billion dollar mobile app economy, we are pleased to be joined by Bloomberg News technology reporter Mark Bergen Mark, Good morning. What are the implications from this victory for Epic Games? Morning? I mean the implications in one way is that Epic and many other kind of all these apps that charge for subscriptions or sort of in app services will be conceivably able to pass us along to consumers. They will just state that cut they were making that thirty percent over to Google. If the policy actually changes, is that something that they no longer have to make and so that those companies will either have more money for their own shareholders or that they can actually just charge cheaper rates to consumers. Interesting to see that potential implication when the whole idea of antitrust cases is to try to lower prices for consumers. But you're thinking that Epic and some other app providers that might be the opposite case for them. Oh no, no, and sorry, I mean I presumably they could lower prices here because this is money that like, that's the argument that Epic has been making, right, that they the reason they have to have the higher fees is because that they you know, every time someone buys something within the app Store for a thirty percent cost to the Apple in the play Store, thirty percent coast to Google. And so now they've been arguing in others that they can pass these savings along with cheaper cheaper rates, pass the savings along. Okay, yeah, for sure, let's get the miss here there. But Epic lost a similar fight against the Apple App Store two years ago. What made its case against Google play so different? It's a really interesting question because I know Google will certainly argue that they are a lot more open than Apple. I mean, Apple is, Google has Android was a bunch bigger. They have, like they have a different Samsung soa it has its own app store, and Huawei, these sort of hardware manufacturers. Google is that does allow other app stores to exist on Android phones in a way that that Apple just doesn't on iPhones. I mean this this u is a different political climate in some ways, Like Google is back against the ropes on a number of issues around around antitrust and both with its search position in its app store. And this something that that Fortnite has been an epic its owner has been working on for years. So does this verdict have applications then for the Apple App Store or any other providers that offer app stores on their platforms, or is it just you know, just for alphabet This is I mean, this is a this is a two company market in some ways, and in many ways Apple dominates, right, So so another company sort of gives us a full clarity about how much they make. But you know a lot of estimates show that Apple just makes so much more money from that's app store, like iPhone users spend a lot more money. So this is something that could certainly impact Apple. I think you know what Epic CEO Tim sweet Sciaty's after is not just a legal victory, but he's actually after a policy business practice change. He wants the business models and the app stores to fundamentally change, and they have been for for the past few years, both Apple and Google have lowered the fees they take for some subscription services like Netflix, and they've made some concessions and been forced to make concessions and other markets. So I think, you know, we can also see that after the ruling, Google came out and said there they're contesting this, so they're certainly not going now without a fight. How difficult to fight is it going to be? Though? On appeal? I mean, we've been speaking to some legal experts that say the bar is set pretty high for Google to try to overcome the difficulties that faced the trial. Google has many well paid and veteran lawyers there you go, and outside law firms, so I don't doubt that they'll actually have enough kind of a legal fire part to keep fighting this if this does stand. Though, Mark, what kind of hit does Google stand to take from revenue? I mean, thirty percent fees is nothing to sneeze at, that's correct, But this is still a small portion of their overall business, right like this has something this has not impact their cash cow search search advertising, and then from there they make some farmer money on YouTube ads, on display ads across the Internet and the cloud business, and you know this is around the same down in the and the sort of they blump everything together with their hardware businesses like Google, Pixel and Nest Devices and then play Store. So it's not insignificant certainly for any of the companies that that's not an alphabet size. But as you see, I don't as far as I know, shares didn't drop tremendously on this news, and I think that's in part because the markets are aware that, you know, Google is this behemoth that has a lot of different lines of businesses and at the same time, Google's facing anti trust action from the Justice Department over search, particularly on cell phones where the app store, where the Google play Store lives. So in our last minute, could this case have implications for for that case, or it's trying to make maintain its search dominance on cell phones. I think. I mean, this certainly gives more ammunition to critics like Epic Games and Company and Spotify has been a critic of sapster model and companies that have been kind of willing to come out and take positions around and complains the Justice Department to the FTC. And so I think in that political sense, yeah, it certainly puts Google further back on its speed. All right, thanks for this, Mark, really good to get the clarity on this pretty important decision. With Epic Games winning its anti trust fight against Alphabet over the Google Place store. Mark Bergen covers tech for Bloomberg News. Now let's turn to geopolitics and the rising stakes for both Ukraine and its defense against Russia and Israel's fight against Hamas. Today, Ukrainian President Vladimir Zelenski will continue to press his case for renewed aid multi billion dollars in aid to his country. He's going to be speaking directly to lawmakers in Washington, Whileen is warning Israel that public opinion could shift if the war in Gaza continues to take a severe civilian toll. And for more on all this, we're joined by Bloomberg News Senior editor Derek Wallbank. Derek, I know you've been monitoring President Zelenski's trip to Washington. This is day two. He's been speaking to the National Defense University, the International Monetary Fund as well. What should we expect as the Ukrainian president meets today with US President Biden and those lawmakers on Capitol Hill. Well, I think he's got a very tough job ahead of him. The aid to Ukraine is currently stalled amid package negotiations over aid to Israel, as well as Republican demands for increased border security measures. Zelenski walks into that fight, I think, in a much weaker position than he was in the last time that he was in Washington. Remember, he got received with somewhat rapturous crowds. He had addresses to US lawmakers. It was a whole it was a whole thing. For lack of a more technical term, it's not so much that in case. Right now, I think there is rising skepticism, especially on the right, over the over the war in general. There is somewhat of an increased appetite in Washington. You know, maybe not a majority opinion, but certainly a sizeable opinion uh that that this war needs to find an off ramp. And unfortunately for Zelenski, he's caught a bit between a rock and a hard place, because on the on the Washington side, you're talking about a difficulty with Republicans who, in fairness, may be trying to simply extract something rather than actually hold this up indefinitely. On the other side, in Europe, you've got he's having problems with Victor ORBN in h in Hungary, gumming up some of the aids there. And between those two things, you are seeing new aid pledges to Ukraine reach a substantial low compared to where it was earlier this year or even late last year. I mean, we're hearing some of the rhetoric from President Scolensky sounding quite a bit more dire if he doesn't get this aid, talking about the threat it could post a democracy if Russia's hand were to be improved by Ukraine not receiving this aid. What about that? Could that change any minds? Do you think on Capitol Hill, this idea that this is still a fight for democracy in Ukraine. Yeah, well, I think the number one mind that I'm particularly interested to see is the new US House speaker. Right, remember that, if we go all the way back, and it's not actually that far back, but to when Kevin McCarthy was speaker, there were some talks in the last funding as part of the last funding negotiations that Ukraine aid would be brought up at some point. Then, of course McCarthy stops being speaker. All of his promises go right out the window, and in comes Mike Johnson, the Louisiana Well, Johnson was quite a Ukraine skeptic before he took the speakership and before he started getting those confidential security briefings that speakers do get. Johnson was telling the Wall Street Journal CEO Forum just last night that he's going to have a message for his Zelenski to basically say, look, we've got to get all of this done together. He said he's going to tell them the same thing in private that he's saying in public. Sure, fine, that's all good. The question that I'm really interested in it is what is Mike Johnson's price for putting something on the house floor. If he put something on the house floor, it's probably going to pass. That's just the math of it. But Johnathan have got a difficulty because he's got to deal with his conference, and his conference is going to want things out of this how much? That's the critical question. What do you make of the you shift in rhetoric? It seems like we're hearing from President Biden when it comes to the stance toward Israel and the mounting civilian death toll. Well, Joe Biden warned at a Honika reception that a public opinion can shift on the war. Certainly, I think Biden has seen public opinion kind of sour a little bit on his own handling. Some of that is from within his own party. Some of his big supporters are are disappointed with how closely he has tied himself to Israel. At the same point, some people on the other side, of the more central side of the Democratic Party would say he hasn't done it enough. So he is in a very difficult political position on this, But as a matter of straight fact, he is right. You know, there is a risk as Israel prosecutes the war that the mounting civilian tolls could create a public a public relations problem for Israel in some of the country is that are backing them up, specifically in the United States. So that is a warning that he's been trying to do. But the problem is is that if you try, and politically speaking here, if you try and have it both ways, sometimes you wind up having it neither way. And the White House right now doesn't really have a ton of friends across the political spectrum with how it's been handling this, because each side would say that somebody else is doing it better or that they're not doing quite enough. This is Bloomberg Daybreak Today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh six to one in Boston, and Bloomberg ninety sixty in San Francisco. Our flagship New York station is also available on your Amazon Election devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, Serious XM, the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee omnystudio.com/listener for privacy information.

Productivity Alchemy
Episode 328 - Mouth Woes, Nancy Lyons

Productivity Alchemy

Play Episode Listen Later Dec 7, 2023 62:39


CW: Cancer Hi folks! This week we have a brief update on Ursula's recovery from chemo, then an update on Kevin's productivity and some upcoming work he is having done on his mouth. After that, we speak with Clockwork CEO Nancy Lyons! Links for this Episode: Charity Spotlight: Family Equality Nancy Lyons Clockwork Nancy on LinkedIn Made by Tempo Momentum Todoist Reclaim AI Remarkable2 Traction by Gino Wickman Paladin's Faith (Saint of Steel Book 4)

The Leadership Habit
How to Work Like a Boss with Nancy Lyons

The Leadership Habit

Play Episode Listen Later Dec 1, 2023 37:58


On this week's episode, Jenn DeWall welcomes Nancy Lyons to The Leadership Habit podcast to talk about how to work like a boss!  Meet Nancy Lyons, CEO and Co-Founder of Clockwork Nancy understands that humans are the hardest part of work. She's been building teams and leading clients through culture change and evolution for over […] The post How to Work Like a Boss with Nancy Lyons appeared first on Crestcom International.

Bloomberg Daybreak: US Edition
Israel Resumes War Against Hamas; Historic Month for Markets

Bloomberg Daybreak: US Edition

Play Episode Listen Later Dec 1, 2023 16:44 Transcription Available


On today's podcast: 1) Israel resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended on Friday morning. 2) European stocks advanced and the dollar fell before comments from Federal Reserve Chair Jerome Powell that may offer clues about the path of interest rates. 3) After two years of delays and production snags, Tesla has finally handed the first Blade Runner-esque Cybertrucks over to customers. 4) Governors Ron DeSantis of Florida and Gavin Newsom of California sparred over taxes, border security and energy, in a debate that unfolded as a sideshow to the 2024 presidential race — and perhaps a glimpse of the next one.   Full transcript:  Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. Israel has resumed airstrikes in Gaza, minutes after the expiration of a week long truce with Hamas we get the latest from Bloomberg's Anthony Squasien in Tel Aviv. Truce wasn't extended at seven am local time. It was some rocket warnings miss I was being fired and to Israel just before that ended, and Israel responded immediately, and it looked like we're back to fully fledged conflict right now. Reports of air strikes in Gaza made different parts of Gaza, and it does seem that the relative calm of the last seven days is well and truly over. Bloomberg's Anthony Squasiin in Tel Aviv, says Prime Minister Benjamin Netan. Yahoo and other Israeli politicians had consistently said the war would resume at some stage and the truce would not become permanent. Well, Nathan. Secretary of State Anthony Blinkin was in Tel Aviv when the fighting restarted yesterday. He said that Israel must defend itself within the confines of international law. Way israel defense itself matters. It's imperative that is relacted in accordance with internationally mediterran law and the laws of war, even when confronting a terrorist group that respects neither. And Secretary Anthony Blincoln was speaking before the latest escalation. Hamas and other Islamist groups are still thought to be holding around one hundred and thirty people captive in Gaza. Turning back to politics in the US, Karen, there's been a debate between a Republican who's running for president and a Democrat who says he's not. Florida Governor Ron de Santis squared off last night with California Governor Gavin Newsom. This is a slick, slippery politician whose state is failing. People are leaving a state. Governor DeSantis went after Newsom and California over immigration, high taxes, and crime. Governor Newsom touted the White House's message of Bidenomics three point nine percent unemployment, the lowest black unemployment in American history, the lowest unemployment for Hispanics in American history, the lower most unemployment for women in seventy years, at lowest black poverty rates in history, and the Fox News debate comes as DeSantis struggles to gain ground on Republican front runner Donald Trump in twenty twenty four. It also allowed Newsome to air his presidential ambitions for twenty twenty eight. Well, Nathan, Let's turn to the markets now. Stocks begin December after notatching one of the biggest November rallies on record, and we get more from Bloomberg Stirlei Pellett. After the months three trillion dollar serge, the S and P five hundred is now just five percent away from its all time high. The gauge climbed over eight percent in November, a feat achieved fewer than ten times for that month since nineteen twenty eight, according to data compiled by Bloomberg. It was also the gauge's best month since July of twenty twenty two in New York, Charlie Pellett, Bloomberg Radio and Charlie. Was also a profitable month for bond investors. In fact, treasuries had their best month since the nineteen eighties, and we get more on that from Bloomberg's John Tucker. The boon to bonds comes from signs the economy and inflation are slowing and the Fed is done hiking interest rates well. Traders are even betting on the first FED rate cut in May. Bloomberg Economics sees the FED cutting rates one hundred and twenty five basis points next year. The Bloomberg US Aggregate Index returned four and a half percent of November. That price up and yield down has spurred an everything rally, from stocks to cryptocurrencies. Does it continue? Listen closely today as FED Chair Jerome Powell speaks at Spelman College in Atlanta, and if he sounds even a little hawkish, November's rally may turn into the winter of our discontent. I'm John Tucker, Bloomberg Radio. All right, John, thank you. By the Federal Reserve's top bank, a watchdog wants lenders to be more comfortable turning to the Central banks discount window. Michael Barr, the FEDS Vice Chair for Supervision, towed to the backstop as an important tool for financial stability and monetary policy. The discount window provides ready access to funding that can help banks manage their liquidity risks. The ability to access funding at a predictable rate throughout through the discount window should figure importantly into banks liquidity risk management plans under a range of scenarios and the fence. Michael Barr added that it was important that lenders have a range of options for accessing liquidity struck some corporate news now Karen. After two years of delays and production snags, Tesla has finally handed the first cyber trucks over two customers. Tesla's CEO, Elon Musk, says it has an extra safety feature. Why do you make it bulletroof? I'm like, why not? Do you want to How tough is your truck bulletproof? He says. Elon Musk says the cheapest version of cyber Truck will cost just under sixty one thousand dollars. That's more than fifty percent over the price Musk floated when he announced the vehicle in twenty nineteen. Well Nathan Disney has restored its dividend. The entertainment giant declared a dividend of thirty censorsh for the second half of its fiscal year. Disney had pledged to restore the payout, which was halted during the pandemic. Disney has been under pressure to improve its performance and restore its dividend by activist investor Nelson Peltz, who is seeking board seats at the company. Well, speaking of under pressure, Karen, take a look at Dell shares. They are down nearly six percent in early trading. A company reported revenue that declined more than expected, and it continues to see sluggish corporate demand for personal computers. And it's time now for a look at some of the other stories making news around the world. For now, we're joined by Bloomberg's Amy Moore is Amy. Good morning, Good morning, Karen. The twenty twenty three United Nations Climate Change Conference, or COP twenty eight, launched yesterday. Now before the summit began, United Nations Secretary General Antonio Guterrez warned fossil fuel companies quote their old road is rapidly aging. It's time to end our addiction to fossil fools that is validating climate change. It's time to bet on guaranteeing through strong political will, that temperatures will authorise more than one point five degrees. At the end of the center, the United Arab Emirates, which is hosting the summit, announced a commitment of thirty billion dollars to help finance climate solutions. Tens of thousands of delegates are expected to make this the biggest summit ever. It is looking likely that Congress will take the unusual step to expel one of their own. Bloomberg's Nancy Lyons reports George Santos, on the brink of being kicked out of Congress, took his fight to the House floor. I have been convicted of no crimes, mister speaker, but following an investigation by the House Ethics Committee, members said they did find some troubling behavior. Committee chair Congressman Michael Guest offered highlights of the report. It says it Representative Santos sought to fraudulently exploit every aspect of his House candidacy for his own personal profit. After the ex fulshion vote, Santos still faces a twenty three count federal indictment that alleges he stole from donors and used campaign money for personal expenses in Washington, Nancy Lyons Bloomberg Radio. The CDC is monitoring a pneumonia outbreak among children in the Cincinnati area. Warren County, Ohio has reported one hundred and forty two infections since August. The outbreak comes amid China's surgeon hospitalizations, which CDC director doctor Mandy Cohen told Congress yesterday, is not being caused by a new virus. Do not believe this is a new or novel pathogen that we believe this is all existing, meaning COVID flu RSV. Cohen told Congress. The winter cold and flu season offers the CDC a chance to regain the public's trust, and former White House Chief Medical Advisor doctor Anthony Fauci is set to testify before Congress early next year on the origins of COVID and the pandemic response by the US. This would be the first time Fauci has testified since he retired. Global News twenty four hours of and Whenever You want it with Bloomberg News Now, I'm Amy Morrison. This is Bloomberg Karen all right, Amy, thank you. What we do bring you news throughout the day right here on Bloomberg Radio. As Amy said, but now also as she said, you can get the latest news on demand whenever you want it. So how do you do it? You subscribe to Bloomberg News Now to get the latest headlines at the click of a button. You can get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's John stash Hour John darn Week thirteen underway Thursday night football in Dallas with the Cowboys. We're going for a fourteenth consecutive home victory. They trailed Seattle throughout the second half until at dak Prescott touchdown passed with four thirty seven laft. Cowboys won forty one to thirty five. Prescott having an MVP type season, he threw British GIAT three hundred yard three touchdowns Gino Smith the Seahawks qv also threw for three touchdowns, all of them went to DK Metcalf, but the Seahawks have now lost three in a row. They dropped to six and six. Buffalo Bills pass rusher Von Miller was facing in arrest. The rest warrant was issued last night in Dallas. He turned himself in. He's in Dallas because the Bills have a bye week. He was arrested on domestic violence charge in a case involving his girlfriend. The NFL on the pass has flex games moved them from the Sunday afternoon to Sunday nights. Never before had they flexed the game into a Monday night. They've done that for a week fifteen. Philadelphia and Seattle were supposed to play Sunday, It'll now be on a Monday, and Kansas City, New England moved from a Monday back to a Sunday. Shows you how bad the Patriots are for the NFL. The new Patrick Mahomes off of Prime time NBA. The Warriors with the Clippers won twenty to one fourteen. Steph Curry scored twenty six, had seven rebounds, eight assists. Hockey. The Bruins had lost three straight. They came home shut out the Sharks three to nothing. Washington won it Anaheim five to four, a win for LSU that have any national Champson women's basketball Angel hes Back in the lineup scored nineteen. She had been out the last board games. John Stshawer Bloomberg Sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg Business app in Bloomberg dot Com. This is Bloomberg Daybreak. Good morning. I'm Nathan Hager. The truce is over in Gaza. The seven day ceasefire between Israel and Hamas has ended. Israel is resuming combat operations after Israel said Hamas violated its agreement that has released dozens of hostages over the last seven days in exchange for Palestinian prisoners. For the latest we were joined by Rosalind Mathison, Bloomberg News Director for Europe, Middle East and Africa. Roz, thanks for being with us once again. What set off this resumption of combat, Well, basically, the truce was due to lapside of the way in the early hour this morning. What we had seen previously was that the SEASPI was rolled over for two further days, and there had been talks to try and get it rolled over again. Those clearly weren't successful, and so that the SEASPI lapsed early this morning. And what we have is Hamas and Israel both accusing the other of violating the terms of the Sea SPI, not meeting the agreements about the release of Israeli hostages yesterday, the number of those hostages, Harmas accusing Israel in turn. And now we've seen a resumption of the fighting. As you say, we saw airstrikes into Gaza this morning. We know the fighting's going on there again. Hermas says there have been casualties and wounded at hospitals already, and Israel is making clear that their goal in the end still is to eradicate Hamas, and as part of that they now see the military campaign likely moving further south in the Gaza strip. It's been quite concentrated in the north. But the messaging today, the warning to people in Gaza today is be prepared because the military is going to now push further sout. And the messaging from the US with that expectation that the war would be heading to the south, was that Israel needs to limit civilian casualties. Talk about US diplomacy, the role that's playing there, and whether that could have any impact on what we see on the ground, well, that's right. In fact, the US Secretary of State Anthony Blincoln was still on the ground in Israel when the fighting did resume. He took off shortly afterward for Dubai to attend the COP twenty eighth summit, but in his meetings in Israel, he said he made very clear to officials there that the US is concerned about the humanitarian situation inside Gaza that they're urging Israel to do everything they can to limit the impact on civilians from this war and to also uphold international humanitarian law. And that was the public messaging, so privately you can imagine it was possibly a bit stronger. I mean, you can see the rhetoric shift really from the US since the start of this in October seven, which was the Hamas attack on Israel. The US does remain strongly supportive of Israel in this, but has become more vocal in their concerns about the impact on gas. And certainly that was a message that Blinkl was delivering on the ground. And even as the fighting continues, we're hearing from Kater, which has been leading negotiations on extending the ceasefire, that there are still talks underway to bring in further pauses. Can you give us further clarity on that? Well, that's right. In fact, even when the fighting was going on before the truce, we knew those lines of communication were working quite furiously. Katar, alongside Egypt and US officials acting as go betweens between Hamas and also Israel, and a role potentially for Iran in all of that. The idea was to get towards that initial truce that we saw that lasted for seven days in the end, and Kata has been out this morning very quickie to say despite the resumption of the fighting, those talks are still going on. It is hopeful that there can be a way back to at least other temporary truce. That's because there are still Israeli hostages inside Gaza that we know, and aid agencies that hope to get more humanitarian aid into Gaza during that window which has now shut at least for now, And so Kata is saying, we're still talking about there. We're hope you can get to a point to at least have a temporary truce. But the reality in the end also Israel has made very very clear that they intend to keep fighting. Their overarching goal is to eradicate Hamas, and right now they don't see that goal as having been met, only have a minute left ros. But before the fighting began, the New York Times reported that Israel got a hold of Hamas's battle plan for October seventh, more than a year ago. Tell us more about that, well, that's right. In fact, this was also reported by an Israeli media outlet Khan Media a couple of days ago, saying that Israel did get blueprints of this plan by Hamas a year ago, but dismissed it as too difficult for Hamas to carry out, implausible, and so didn't really follow up on it. And that echoes some of what we've seen from the reporting we've done ourselves, which is really this presumption on the part of the Israeli security forces the intelligence services, that Hamas wasn't able to do something of this nature, that yes, you'd see six skirmishes go on from time to time from Gaza into Israel, but that a full throated attack was impossible, and that's why in the end they kind of missed the signals leading up to the October seven attack. This is Bloomberg day Break Today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York Bloomberg ninety nine to one in Washington. Bloomberg one six to one in Boston and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, SERIUSXM, the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee 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Bloomberg Daybreak: US Edition
Remembering Henry Kissinger; Israel-Hamas Truce Extended; Musk Curses Out Advertisers

Bloomberg Daybreak: US Edition

Play Episode Listen Later Nov 30, 2023 23:27 Transcription Available


On today's podcast: 1) Henry Kissinger, the child refugee who rose to become US secretary of state and defined American foreign policy during the 1970s with his strategies to end the Vietnam War and contain communist countries, has died. He was 100. 2) Israel and Hamas agreed to lengthen their truce for at least another day, allowing for the release of more hostages held by the militant group in Gaza. 3) Elon Musk, the billionaire owner of X, says the advertisers that have stopped spending on the platform due to his endorsement of an antisemitic post can “f——” themselves.   Full transcript:  Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. We begin with the passing of a man who defined foreign policy in the nineteen seventies and worked to shape it for decades. After Henry Kissinger has died, Bloomberg political contributor Rick Davis says Kissinger's influence was unmatched. It's quite a career that lasted my entire life. I would say that we've not seen much of the likes of him, somebody who has never been elected to office, but wielded as much power as any powerful president or prime minister in the world. Kissinger was credited with opening the door to China and achieving detente with the Soviet Union, but he courted controversy for supporting massive bombing campaigns in Vietnam and Cambodia. Bloomberg's Ian Marlow says Kissinger leaves a complicated legacy around the world, in Asia in the Middle East. Could be a polarizing figure, but I think that was in part because he embodied that sort of American power. He was one of the people at the center of American power, and over a long period of time when the US role in the world was also changing, and it is to some extent and end of an era, and that era continued right to the end. This past July. In fact, Henry Kissinger met with Chinese President Shi Jinping in Beijing to discuss US China relations. Henry Kissinger died yesterday at his home in Connecticut. He was one hundred years old, and Nathan we turn out to breaking developments in the Middle East, Israel and Hamas have agreed to extend their truce for at least another day. The two sides announced the extension just minutes before their ceasefire was due to end. Head of the announcement, Secretary of State Anthony BLNCN explained what he hopes to achieve during his visit to the region. We'll discuss with Israel how it can achieve its objective of ensuring that the terrorist attacks of October seventh never happen again, while sustaining an increasing amount of train assistance and minimizing further suffering and casualties among Palestine civilians and Secretary of State Blincoln is currently in Tel Aviv for his third visit since the attacks. He will also visit the West Bank, the visit comes as more captives were exchange yesterday evening, with ten hostages released by Hamas in exchange for thirty Palestinians held by Israel. And back here in the US, Karen House Speaker Mike Johnson says he has real reservations about expelling Congressman George Santos. We get that story from Bloomberg's At Baxter, the resolution says the vote needs to happen today, but Speaker Johnson says, for him, there are some real problems here. I personally have real reservations about doing this. I'm concerned about a president than may be set for that. So where everybody's working through that and we'll see how they vote. Sados will be the first expulsion without a conviction on charges. Johnson at one point yesterday said the vote would come Friday, but the resolution does say today, so we'll see how it works out. At Baxter Bloomberg Radio, All right, ed, Thanks well. Elon Musk is talking about the future of ex following and advertising boy and we get the latest from Bloomberg's John Tucker. John what the boycott is going to do mus says is kill the company, and who does he blame? Well, not himself, but the advertisers he herald in an expletive their way, saying they can go bleep themselves. Those advertisers include Walt Disney and Apple. Earlier this month, Musk agreed with a post that said Jewish people hold a dialectical hatred of white people. Well, that message has since drawn widespread criticism. On stage at the New York Times Deal Book conference, must did say the post was the worst and dumbest he's ever done. Mustourage people to judge him by his actions rather than his words. He brought up his electric car company, Tesla, saying he's done more for the environment than any human. I'm John Tucker, Bloomberg Radio. All right, John, thank you. Now, let's take a look at some stocks on the move this morning. Shares of Salesforce are up nearly nine percent. The San Francisco based software company gave a profit forecast for the current quarter. The top D analyst estamates Salesforce is benefiting from its cost cutting program. Meanwhile, Nathan Snowflake is up about eight and a half percent. The company gave a product sales outlook for the current quarter that beat expectations. That's fueling hope that revenue is stabilized after the software and maker experienced a dramatic slowdown in growth during the past year. Turning to the economy, differing views on inflation from two Federal Reserve Regional Bank presidents. Atlanta FED president Rafael Bostik says he's growing increasingly confident that inflation is firmly on a downward path. On the other hand, Richmond FED chief Thomas Barkins tell CNBC he's not yet convinced. There's no precision that anyone can point to at exactly what is the level of rates that exactly handles inflation and exactly the way you want to handle it, and so you're constantly trying to adjust on the flot. Both Thomas Barkin and Rafael Bostik will be voting members of the FOMC next year. Well. In corporate news, Nathan Online, a job search company, Indeed is canceling the monthly mental health days it introduced during the pandemic. Can we get this story from Bloomberg's Ellie Pellett. It joins a growing group of firms pairing back benefits they rushed to provide during the COVID nineteen crisis. Indeed initiated so called you Days in June of twenty twenty, giving all employees the same day off each month out of time when exhausted staff were taking fewer vacation days because of travel restrictions. Three years later, employees are once again booking time off at a similar rate to before the pandemic, so the company said quote. As a result, we have agreed that the global need for you days has passed. In New York, Charlie Pellett, Bloomberg Radio and Charlie, we just got inflation data from the Eurozone. It cooled more than expected. Consumer prices rose two point four percent from a year ago in November. That was down from two point nine percent the previous month and less than all estimates of economists surveyed by Bloomberg. Sorry, Nathan, Thanks, It's time now for a look at some of the other stories making news around the world. For that, we're joal by Bloomberg's Amy Morris Say good morning, Good morning, Karen Ultra. Conservatives in the House of Representatives have now softened their demands for deep spending cuts to domestic programs, heightening the odds that two parties can reach a spending agreement and avert of partial government shutdown in January. The shift came after the House failed to pass bills at the lower spending levels demanded by the House random Caucus. They've been pushing for one hundred twenty billion dollars in cuts. This softer stance gives House Speaker Johnson Moore a room to negotiate a bipartisan spending bill, as senators from both parties want to add fourteen billion dollars in spending by designating it an emergency not subject to that cap. As lawmakers consider an aid package to Israel, Senate majority leader Chuck Schumer is issuing a warning. Bloomberg's at Nancy Lyons has that part of the story. Senator Schumer, who is the highest ranking Jewish elected official in the country, spent forty five minutes on the Senate floor to crying the rise in anti Semitism at a level not seen in decades. The normalization and excusation of this rise and hate is the danger many Jewish people fear most. The Anti Defamation League says anti Semitic incidents of nearly quadrupled since the onset of the Israel Hamas War. Schumer says It's time for a clear throated denouncement of the hate in Washington, Nancy lyons Bloomberg Radio and that new poll shows the number of college students experiencing or witnessing anti semitism is also up this academic year. That poll by the Jewish led Anti Defamation League and Hillel International found that nearly three in four Jewish students and forty four percent of non Jewish students saw or experienced anti Jewish ideas since the start of the twenty three to twenty four school year. A very special holiday display. Now at sixteen hundred Pennsylvania Avenue, the White House South Lawn has an ice skating rink to celebrate the holidays. First Lady Jill Biden unveiled the rink with skating performances from figure skaters and Peanuts characters. What's more magical and wonderful and joyful then, you know, being on an ice rink in the South one of the White House. Who knew right A, Military, families, first responders, and other special invited guests can enjoy the White House skating rink in December. It will not be open to the public. Global News twenty four hours a day, and whenever you want it with Bloomberg News Now. I'm Amy Morrison. This is Bloomberg Karen right, Amy, Thank you well. We bring you news throughout the day right here on Bloomberg Radio. But now you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's John stash Hour John Daron upset in college basketball. They stormed the court in Fayetteville after Arkansas and opt off seventh rank Duke eighty to seventy five North Carolina ranked seventeen, put up sixty one points in the first half in Chapel Hill and beat tenth thrank Tennessee one hundred and ninety two. So they split fourteen games in the acc SEC Challenge over the previous two nights. They both won seven times. A couple of bad teams at the NBA's Eastern Conference, the Pistons the Wizards. They played the other night. Washington won, but the Wizards lost in Orlando, won thirty nine to one twenty. The Magic thirteen and five on the year. The Wizards are three and fifteen. The Pistons are two and seventeen. They bought fifteen games in a row. Blown out at home, Lakers won one thirty three to one oh seventy. Angelo Russell scored thirty five. Seahawks and Cowboys ticking off Week thirteen tonight in Dallas. They both played last Thursday. Cowboys won easily and Seattle lost to the forty nine Ers. These two teams are in second place in the NFC East and West. The teams that are in first place in those divisions the Eagles and forty nine Ers, and they play Sunday. That's the big game of Week thirteen. It's a rematch of last year's in at Championship. Joe Flacco now with the Cleveland Browns. They brought him in when the Shawn Watson went down. He's gone from third string QB to second and Dorian Thompson Robinson is in concussion protocol, so Flaco may start Sunday against the Rams. Patriots not saying anything official as usual for them, but it sounds like mac Jones goes to the bench. Bailey ZAPPI expected to start on Sunday. John stashed were Bloomberg Sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias exam the Bloomberg Business app in Bloomberg dot com. This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. We want to reflect more on the life and legacy of Henry Kissinger, who died yesterday at his home in Connecticut at the age of one hundred. Kissinger was born in nineteen twenty three in the German state of Bavaria. He moved to the US in nineteen thirty eight to escape Nazi persecution. The son of a Jewish school teacher. At age nineteen, while a student at the City College of New York, Kissinger was drafted into the army in the US, serving as an interpreter during World War II, and after the war he helped round up Gestapo officers as a member of the nine hundred and seventieth Counter Intelligence Corps. Kissinger spoke earlier this year with Bloomberg's editor in chief John Micklethwaite, and said he saw the first hand impact of authoritarianism and totalitarianism in his youth. It was an experience which it's so elemental then it becomes part of you. Kissinger brought that experience back with him to the United States. He resumed his studies at Harvard University. His doctoral dissertation there focused on balances of power in nineteenth century Europe. As a tenured professor at Harvard, Kissinger honed of the conservative real politic worldview that would dominate his thinking on foreign policy for more than a half century. Kissinger also cultivated relationships with policymakers in Washington that led him to the White House in nineteen sixty nine as National Security Advisor to President Richard Nixon. Kissinger's secret trips to China in nineteen seventy one paved the way for arguably the greatest foreign policy achievement of the Nixon presidency. His own visit the following year. Knowing of President Nixon's express desire to visit the People's Republic of China, Premier Cho and lie On behalf of the government of the People's Republic of China has extended an invitation to President Nixon to visit China. The opening of China and an anti ballistic missile treaty hammered out with the Soviet Union achieved what would become known as Kissinger's triangular diplomacy, but his penchate for secrecy would lead to controversy. Kissinger was the first person to serve as both National Security Advisor and Secretary of State at the same time. That allowed Nixon to run foreign policy more or less directly from the White House. The president summed up his attitude in a taped conversation with Kissinger about the Christmas Day bombing in Vietnam in nineteen seventy two. Kissinger fed into that paranoia about enemies and the press by ordering wiretaps of reporters and White House aids looking for leaks. That expanded use of surveillance led to Nixon's resignation under the weight of Watergate, but the weight of one major foreign policy decision would cloud Kissinger's legacy for the rest of his long life. The Secret War in Cambodia. Kissinger orchestrated the operation that dropped more than one hundred thousand tons of bombs on North Vietnamese positions in the country. It helped lead to the rise of a genocidal Khmer Rouge regime after the war, but Kissinger would never stop defending his conduct in Vietnam, even against critics who labeled him a war criminal. Would say a better way At any one point, we didn't think so. I still don't think so. But I'm open into that argument. But what is meant by better that pragmatic approach to the world as it is rather than how policymakers might like it to be what informed Kissinger's view long after he left public office and sought to wield influence as a private citizen. At the age of eighty eight, Kissinger wrote the book on China, about the country he helped to bring back to the world stage. In a twenty twenty interview at the Bloomberg New Economy Forum, Kissinger warned of the risks of confrontation between the world's two biggest economies. Let's say, at some basis for some cooperative action to wills, Bill Slide hid a catastrophe. Comfortable do will do a one And Henry Kissinger worked to head off that catastrophe. After reaching his hundredth birthday this year, when President Biden sent cabinet secretaries to Beijing to try to stabilize relations, the one US diplomat that Chinese President Shi Jinping met face to face this summer was the man who he called an old friend to China, former Secretary of State Henry Kissinger. And for more, we are joined from Singapore by Bloomberg News Managing editor Derek Wallbank. A mixed legacy, Derek, but an undeniable legacy at the same time. I think that's exactly right. An. I think you did a brilliant job setting this up and there when when we're talking about the reaction, especially out here, I think the the polarity of feedback has been striking today. You know, Kissinger was a sort of person that in some corners of the world was a lionized statesman, and some other corners in the world, uh, they considered him an absolute scoundrel. And and and there's not really a giant a mix of those right now, certainly through Asia hours and you're you're talking about somebody who in Singapore was was somebody that that foreign ministers would would make pilgrimage to his apartment in New York City. Every time that there was a UN General Assembly meeting China. You saw that you mentioned the reaction from Xi jianpingg He's Uh. Kissinger was described as an old friend of the Chinese people's there's a mournful reaction from from China at the same time. Uh. This is somebody who throughout parts of Southeast Asia, UH, particularly Cambodia, allows Vietnam, et cetera. You know, Indonesia, parts of team or less. It's like it is not held in anywhere the same sort of thing. It's a very polarizing person, but certainly somebody who had I think it is unanimous to say a titanic effect on the world in which he lived, no doubt, and to you put it into the context of where US China relations stand now. I think it'd gotten a little bit better since the low that we saw after the alleged spy balloon incident back in February. But talk a little bit more about the impact that Henry Kissinger tried to wield even up to the end, as President Biden was trying to put US China relations sort of back on the rails. I think one of the most notable things sitting here as as we closely have tracked the decline in relationships between the two superpowers, is how Henry Kissinger always seemed to be the one American who could get a meeting with anyone he wanted in China. I mean anybody he wanted. I saw in Chinese state media today retrospectives of here was Henry Kissinger visiting it this year, and then two years later, and then three years later, and etcetera, etcetera, etcetera. Gotten down the line, he met with anybody he wanted, He met any time he wanted, and senior, senior Chinese folks would would go to him, would would want to talk to him to get a sense of where the things were in the United States, and vice versa. You know, he was a counselor to presidents of his party or not, people who agreed with him or not. He was seen as this respected voice that when he was in the room, people felt like they needed to listen to on both sides of this relationship, because as they say, he was so respected in China, and in these days you find somebody who who is you know, who is American, who has deeptised in the American state, who who is that respected in China is It's a very very small list, right, and Henry Kissingtram might have been right at the top of that list. Well, we think about the passing of a former Secretary of State who saw the world as it is. We have a current Secretary of State, Anthony Blincoln, who is back in a part of the world that is as restive as anywhere else in the Middle East. Let's talk a little bit about the latest that's happening in the conflict between Israel and Hamas and the influence the Secretary of State Blincoln is trying to have as this tenuous ceasefire continues. Yeah, and the thing that I think everybody's waiting for is to see how long this ceasefire will go. It was supposed to expire at seven am local time Thursday. It got extended for another day. I mean the announcement here just minutes before that ceasefire was due to end. There had been reports of small violations here and there of things. We have seen a steady drip drip of hostage releases. But it's a very very tenuous. I don't even want to use the word piece. It's a very it's a very tenuous pause. Let's go with pause, because a pause implies that the play button is back. It is also on the table that the restart could be coming soon. So I think that's the question. How much progress are we getting here? You do see the United States trying to play in here. I think I think the Biden administration is politically finding itself in a in a in a tough spot. They are trying to have some guardrails that they're trying to communicate to the Israelis. At the same time, you know, the the US is permissioning I if I can use that word, they're they're certainly you know, they're they're they're certainly Israel's biggest friend on the world stage. Right. So so that's a little bit of a difficult position that the Biden administration is trying to tread a little bit carefully. But they are trying to influence, uh, what's what's going on in that in that part of the world, and they have a lot of place to play. At the same time, you see countries like Egypt, countries like Cats are trying to you know, trying to influence Maybe they might be more simply sympathetic to other sides than the US administration might be, but all sort of trying to find and feel a way out of this so that it doesn't conflagrate more. All the while, also, it should be said, trying to keep nation states that are currently mostly on the side on the side. And I'm thinking here of countries like Iran to prevent this from escalating into something even more than it is right now. It's certainly a touch and go sort of thing right now. And I do as I say, I think, I think it carries some political risk. I mean, look, we're we're we're less than twelve months out from the US presidential election, and a lot of the people who are protesting in the streets in the United States are people who you would find in a normal Democratic coalition who are deeply upset with the president right now and vowing not to vote for him in any circumstance. Right that's a part, that's a group of people he needs to come out for him next year, and so it's a very very delicate ballot. This is Bloomberg Daybreak Today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast. Feed at six am Eastern each morning on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh sixty one in Boston, and Bloomberg ninety sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, seriusxmb iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee 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Growth Hacking Culture
Nancy Lyons on Leadership Pitfalls: the Common Mistakes That Sabotage Success at Work

Growth Hacking Culture

Play Episode Listen Later Nov 24, 2023 41:44


Recent reports indicate a positive trend in workplace leadership, reflecting an 84% employee satisfaction rate with leadership according to Gallup's 2023 "State of Leadership" report — a notable increase from 70% in 2015. Notably, a 2019 study by Harvard Business Review highlighted that companies boasting robust leadership teams yield a 15% higher return on equity compared to those with weaker leadership structures.  However, despite these improvements, several areas for enhancement persist. Survey data from Gallup's 2023 report reveals that 61% of employees perceive room for enhancement in their leaders' communication skills.  Moreover, a significant 78% of employees, as per Glassdoor's 2022 findings, feel their contributions lack adequate recognition. Additionally, Gartner's 2023 study found that 59% of employees believe their leaders could enhance empowerment and task delegation—a crucial aspect requiring attention for further advancement in organizational leadership. It is time to discuss on the common mistakes made by leaders!   About my guest Nancy Lyons Nancy, the CEO and co-founder of the design and technology consultancy Clockwork, is renowned for her expertise in business leadership. She is also the accomplished author behind the book "Work Like a Boss: A Kick-in-the-Pants Guide to Finding (and Using) Your Power at Work." Through her twenty-five years of hands-on experience in business leadership, Nancy offers invaluable insights gleaned from personal experiences and experiments in her book. She emphasizes a crucial lesson: true power isn't derived from titles, promotions, or team management, but rather from a profound sense of ownership and accountability exhibited daily in the workplace. Nancy is also a staunch advocate for gender equality, consistently championing this cause in her professional endeavors.   Read her book Work Like a Boss  https://worklikeabossguide.com/ Nancy Lyons Personal Website https://www.nancylyons.com/  Her company Clockwork https://www.clockwork.com/    What We Discussed in the Episode on Leadership Pitfalls: - Critical errors made by leaders during and after COVID-19. - The ongoing challenges in the post-pandemic landscape and the importance of leadership accountability. - Embracing uncertainty: How leaders conquer fears amid unpredictable business scenarios. - Are feminine leadership traits more suited to today's leadership demands? - Unveiling the necessity of assertiveness for women in navigating leadership roles effectively.   Bonus content about Leadership Read PeopleKult's article on What Great Bosses Say and Do to Create Amazing Work Cultures https://www.peoplekult.com/post/what-great-bosses-say-and-do-to-create-amazing-work-cultures  Embracing Our Shared Humanity - Simply Human Newsletter https://simplyhuman.substack.com/p/embracing-our-shared-humanity   

Bloomberg Daybreak: US Edition
Government Shutdown Averted; Gaza Telecom Services; AI Battle with China;

Bloomberg Daybreak: US Edition

Play Episode Listen Later Nov 17, 2023 17:26 Transcription Available


On today's podcast: 1) President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year. 2) Gaza's telecommunications services stopped Thursday after providing companies said the fuel used for generators had been depleted, the United Nations Office for the Coordination of Humanitarian Affairs said. Syria's aerial defenses intercepted some Israeli missiles that were fired against targets in Damascus, state-run Sana news agency reported. 3) Alphabet Inc. Chief Executive Officer Sundar Pichai said he expects China to be “at the forefront” of artificial intelligence, and said it's important for the US to collaborate with the Asian nation on both regulation and innovation. 4) Embattled New York Republican George Santos announced he will not run for reelection to his seat in the US House.  The news came just after the GOP chairman of the House's ethics panel called Thursday for Santos's expulsion following a committee investigation that found “substantial evidence” the New York Republican violated federal criminal laws. 5) Cincinnati Bengals lose QB Joe Burrow with sprained wrist in loss to Baltimore Ravens. Ravens TE Mark Andrews is also injured.  Full transcript: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. President Biden has ended the immediate threat of a government shutdown. He has signed a temporary spending bill that extends government funding into early next year. Bloomberg's Amy Morris has the details from Washington. President Biden signed the legislation yesterday while in California for a summit of APEC leaders. The bill maintains existing funding levels and pushes a fight over the federal budget into the new year. When Housublicans say they will push for stiff spending cuts. It splits the deadlines for passing full year appropriations bills into two days January nineteenth for some federal agencies February second for others. This short term package allows lawmakers to regroup over the Thanksgiving holiday while talks continue on spending in policy agreements in Washington. I maye more as Bloomberg Radio, Sorry, Amy, thanks by the stopgap bill does not include funding for Ukraine and Israel. In fact, new usaid for Ukraine risks slipping to mid December and maybe longer, casting doubt on Washington's ability to keep up the flow of weapons that both the Biden administration and the Ukrainian governments say is vital as soon as Congress could complete negotiations and pass new Ukraine assistance his mid December, nearly two months after President Joe Biden first requested sixty one billion dollars for the country in its war against Russia. Well, now, Karen, let's turn to the latest on the war in the Middle East. Israeli Prime Minister Benjamin Natanyahu is defending his country's raid on the Alshifa Hospital in Gaza City. He says, Israeli troops uncovered a Hamas command center underneath the facility. We had concrete evidence that there were terrorists chieftains and terrests. There are terrorists minions in the hospital, and in fact they fled as our forces approached. They fled. That's why we had no firefight. We entered that hospital with Arabic speaking Israeli doctors with incubators and we had no firefight. But Hamas was using the patients in that hospital as a human shield. Prime Minister n Antanyahu spoke on the CBS Evening News. Meanwhile, the Israeli military says it has taken control of Gaza's harbor. People in the southern city of Conyunis say Israel has dropped leaflets telling them to seek shelter and sirius as it's intercepted some Israeli missiles aimed at targets in Damascus. Well back in the U, asked Nathan. The Asia Pacific Economic Cooperation some it is wrapping up in San Francisco, and we're learning more about President Biden's deal with China's Sheshin Ping to crack down on Fentanel. The White House agreed to remove a Chinese organization accused of human rights abuses from its sanctions list change for Beijing's WHO operation about an administration official tells Bloomberg taking the Institute of Forensic Science off the Commerce Department's entity list was the only way for the US to make progress on the Fentandel crisis, and at the APEX Summit, Karen the CEO of Alphabet, said he expects China to be at the cutting edge of artificial intelligence development. Speaking with Bloomberg, Soon Darpshai warned the world's two biggest economies will have to work together on developing a framework for AI. My senses, there is no way you make progress over the long term without China and the US deeply talking to each other on something like AI. So I think that has got to be an integral part of how you make progress. So I think I'm glad to see it, and you know, we have to lay the foundations. The good thing is we are still in early days of the technology. Alphabet CEO Soon Darpuchai's comments come after business titans including Apples, Tim Cook, and Black Rocks Larry Fink, attended dinner with China's president on the sidelines of the APEC summit. Well, Nathan, we're seeing fall out this morning from Elon Musk's endorsement of an anti semitic social media post. A Tesla investor is calling for must to resign, and IBM has now suspended its advertising on X because of the proximity of its ads to Nazi posts. Bloomberg's Ed Baxter has the story. This comes amidst a swirl of controversy surrounding X and Elon Musk. In the past couple of days, watchdog group Media Matters reported out that IBM, Apple Oracle, Exfanity, and Bravo all had a placement. IBM opted off, saying IBM has zero tolerance for hate speech and discrimination. Meanwhile, the White House has reacted to a Musk post so that it says is anti semitic. NC spokesman John Kirby, we certainly abhorror comments that are anti Semitic in tone and certainly don't associate ourselves with the comment. Musk endorsed a post that said the Jewish community pushed hatred toward whites in San Francisco. I'm at Baxter Bloomberg Radio, okay, and thank you. Moving to mark It's now we're watching shares of applied materials in the pre market. They're down more than seven percent. Reuter's is reporting the largest maker of chip making machinery in the country is facing a criminal investigation for allegedly violating export restrictions to China. The report says the Justice Departments looking at whether Applied Materials sold hundreds of millions of dollars of equipment without the proper licenses. And Nathan, the escalating fight between the US and China, where technological dominance has triggered one of the most stunning reversals of corporate strategy yet. Ali Baba Group has walked back plans to spin off in list it's eleven billion dollar cloud business. Ali Baba shares dropped nine percent yesterday, wiping out more than twenty billion of market value. On the flip side, Karen Watching shares of Gap they are hired by more than eighteen percent. The retailer reported third quarter profit that exceeded forecast. Same store sales fell for a fourth straight quarter, but that decline was less than expected. Stronger results at Old Navy, GAP's biggest brand offset weakness at Athleta and Banana Republic. Crude oil has collapsed into a bear market Nathan. It's down twenty percent from its September high. CRUs run of four straight weekly decline so long as losing streak since May has come despite collective and voluntary supply cuts by the Organization of petroleum exporting Countries and its allies. The losses have also been embedded by the evaporation of an Israel Hamas war risk premium as fears the conflict would expand and disrupt oil supplies have so far not materialized. And it's time now for a look at some other stories making news around the world, and for that we're joined by Bloomberg's Amy Morris. Amy, Good morning, Good morning, Karen. The pressure is building for New York Congressman George Santos to resign or face expulsion. It follows a scathing House Ethics Committee report. Bloomberg's Nancy Lyons has that story. Committee Chairman Michael Guest says the evidence uncovered in the House investigation is more than sufficient to warrant punishment, and he plans to file an expulsion resolution. Wisconsin Republican Congressman Brian stone File tells Bloomberg's sound on the findings are alarming. The illegal actions that are set forward in this report are incredibly concerning. The report alleged Santos used campaign money to pay off his personal bills and to make luxury purchases. Santos responded to the report saying he would not run for reelection in Washington. Nancy lyons Bloomberg Radio and that expulsion resolution Nancy was talking about is expected to be filed by nine o'clock this morning in Washington. A New York appeals court says the gag orders imposed on Donald Trump by the judge in the state's civil fraud trial against him are unconstitutional, and the restrictions were put on hold pending for their arguments. The decision is a major win for Trump, who has publicly lambasted the judge overseeing the case and accused him of frampant bias. This is just one of six trials Trump is facing as he seeks re election. California officials say a section of Interstate ten in Los Angeles that was damaged in a fire last week will reopen earlier then expected. Governor Gavin Newsom's said the mile long stretch of interstate will be open to traffic again weeks ahead of time after the state doubled the crews working on those repairs. One thing we can guarantee you is we will be opened five lanes in both directions at the latest Tuesday of next week. Fire officials say the fire was deliberately set in an arson investigation is ongoing. Secretary of State Antony Blincoln yesterday signed a civil nuclear cooperation agreement with the Philippines. At the signing ceremony, Secretary Blincoln said it is part of the US support for clean energy projects there with the Philippines leadership, we're also working together to develop a nuclear energy sector in their country to fuel a reliable, secure, and affordable clean energy future. The agreement allows the US to legally export nuclear equipment and material to the Philippines for peaceful uses. Global news twenty four hours a day and whenever you want it with Bloomberg News Now. I'm Maybe Morris and this is Bloomberg Karen, all right, Amy, thank you well. We do bring you news throughout the day right here on Bloomberg. But now, as Amy said, you can get the latest news on demand whenever you want it. To subscribe to Bloomberg News Now to get the latest headlines of the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus apples, Spotify, and anywhere else you get your podcasts. It is time now for the Bloomberg Sports Update, and here's John stash Hour, John Karen. Big game in the AFC North the kickoff week eleven the Bengals and the Ravens. They both had four game industries come to an end this past Sunday. All the More started things off with a seventy five hour touchdown drive. The Ravens then trailed in the second quarters. Edwards in the backfield. Lamarta throw fires down the middle, It's deflected at part, have a reflection Milsan Hagalore twenty fifteen come bo. Heflected for six. Hagle a deflection rave into the end zone Wbal. About a minute a half later, another Lamar Jackson TD passed. The Ravens beat the Bengals thirty four to twenty. Baltimore's eight and three and in first place. Cincinnati is just five and five and in the last place NBA and Miami. They he won their seventh in a row. Jemmy Butler scored thirty six in a win over Brooklyn. Oklahoma City made it five to last six, winning one twenty eight one to nine at Golden State. The Warriors have lost five in a row. They're just one and five at home. They went thirty three at and eight at home. Last year. They rode out the injured Steph Curry and without the suspended Draymond Green. MLB owners approved thirty to nothing in the move of the Oakland A's to Las Vegas, and they waive the relocation fee. The A's will be in Oakland in twenty twenty four, but the plan is to beat a new stadium in Vegas by twenty twenty eight. It's unclear where they might be playing in between. It's the first time an MLB team has moved in Montreal. Expos went to Washington in two thousand and five. Baseball has given the twenty twenty five All Star Game to Atlanta, who had it taken away after that voting law was passed in twenty twenty one. John Stasha our Bloomberg Sport from coast to coast, from New York to San Francisco, Boston to Washington, d C. Nationwide on SYRIASXAM, the Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg daybreak, Good morning, I'm Nathan Hager. China will be at the forefront of artificial intelligence. That's what the CEO of Alphabet soon Dar Pashai, is saying. He says it is important for the US to collaborate with China on both regulation and innovation when it comes to AI. Pieshai, along with executives from Microsoft, City Group and Tesla, have been meeting with Chinese President Shi Jinping and US President Joe Biden at the APEX summit in San Francisco. After those meetings, the Alphabet CEO joined Bloomberg's Emily Chang and told her the world's two biggest economies do need to work together on AI regulation and development. It's not going to be easy, but I would start from this PREMI is that AI will proliferate, So this is not the inherent nature of software. AI advances will get out to in all countries, and so it is naturally the kind of technology. I don't think there's any unilateral safety to be had. We all have a shared incentive to solve for safety. You know, you could have AI go wrong in one country that will impact every other country. So in some ways, it's like climate change. In the planet. We all share a planet. I think that's true for AI. So now that you know that that will be true, I think you have to start building the frameworks globally to make progress. I've seen encouraging progress when the G seven happened in Hiroshima, I think it was a good start. You've seen more progress the Uki summit last week. The administration here, the White House has been leading the way as well, and I saw good encouraging announcements even yesterday for US in China to start having a dialogue on AI, well, that was my next question. Should Chinese regulators be part of this conversation on AI regulation? My sense is there is no way you make progress over the long term without China and the US deeply talking to each other on something like AI. So I think that has got to be an integral part of how you make progress. So I think I'm glad to see it. And you know, we have to lay the foundations. The good thing is we are still in early days of the technology, so laying the foundations now will allow us to work through the tough issues and build a common framework over time. How do you think AI? And obviously the US presidential election coming up as well. How do you think AI is going to further test election integrity? I think you know, over time, it's going to lower the barrier for creating you know, artificial information which may or may not matror what's happening in the real world, right, and that barrier will come down. So in this cat and mouse game, how do we amp up our defenses against that. We are in early stages, right. You know, we were one of the first companies to announce a water marketing technology for image generation. It's called Synthide, done by deep Mind, and we are providing API access to it. But all of us need to tackle it. These are areas where regulation will have to play a role, right. I think governments will have to overtime pass regulations about what is okay for you some of this synthetic content and so, which is why I think you have to think about it together. Open AI CEO Sam Mollman has said repeatedly he wants to know more about what's happening with AI in China. What do you know and what do you not know about where China is on AI. From what I can tell, they're making deep investments in AI. The scale of AI research talent in China. It's just simply astounding to see. So I think, you know, in some ways this question, China is going to be at the forefront of AI, and you know, I think that's a given. And so the question is how do we work over time, both for you know, other countries to make sure you're making progress in AI and over time, how do we develop the frameworks where you know, countries can coexist peacefully in a world in which AI will be you know, everywhere. You know, President Biden actually just said he doesn't see the USD coupling with China, but the world does seem to be on a path to two separate internets. Do we continue in that direction? And what does that mean? It's tough to say. You know, things go through in phases. I think we are definitely in a phase where there are more forces pulling it apart. But you know, inherently these technologies also facilitate easy exchange of information, so I think there are countervailing forces as well, So I think it's tough to predict. I do think information wants to flow freely by nature, So you know, my hope is over time, you know, thanks to couple back again. This is Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street Time, on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh six to one in Boston, and Bloomberg ninety sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, seriusxmb iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee omnystudio.com/listener for privacy information.

Hallway Chats
Episode 176 – A Chat With Nancy Lyons

Hallway Chats

Play Episode Listen Later Nov 16, 2023 41:19


Nancy Lyons is the CEO and co-founder of Clockwork, an enterprise web development company in Minneapolis MN. We've known her through the internet for years, and it was a delight to get to talk to her in this episode.

Women In Leadership
[Ep#216] Handling Challenging Conversations and Building Fear-Resilient Leaders

Women In Leadership

Play Episode Listen Later Nov 2, 2023 41:52


Handling Challenging Conversations and Building Fear-Resilient Leaders  My guest today says, “There is no such thing as a fearless leader. But they CAN fear less.” We are excited to bring you another insightful episode of the Women in Leadership podcast, where we dive deep into the strategies and mindset required to handle challenging conversations and build fear-resilient leaders. Joining me on today's show is Nancy Lyons.  Nancy is an author, a speaker, an entrepreneur/founder and a CEO. Her company, Clockwork is an experience design and technology consultancy.  Nancy shares her expertise on asking for what you want, setting boundaries, and embracing direct communication. We believe that this episode will empower you to fear less, embrace difficult conversations, and take courageous action in your leadership roles. On today's show, Nancy is going to share:   Learning how to ask for what you want  Learning how to say no  Learning how to have difficult conversations  RESOURCES:   3 Stages of the Customer Journey Podcast Episode   Book in for an Authority Audit  5 Pillars to Build Visibility, Generate Leads and Enrol Clients with Ease Quiz  Are You Ready to Launch Your Coaching Business Podcast? Take the Quiz  Jump straight to these golden nuggets: [00:02:21] Twisty journey towards unexpected career in comedy. [00:04:17] Various roles, coffee, props, daycare, limited opportunities. [00:08:30] Star Trek fan envisions evolving tech audience. [00:12:03] Confident leaders face fear and move forward. [00:13:58] Confidence and courage: take that one step. [00:19:59] How did you contribute? Are you clear? [00:22:23] Supportive assertiveness fosters professional growth, self-awareness key. [00:25:10] Struggling past, doing things you don't like. [00:27:50] Conflict in feedback can be constructive. [00:32:56] Blend respect and likability for effective leadership. A Personal Message from Annemarie Have you enjoyed listening to this podcast interview and want to know how you can create your very own podcast platform to so you become known as an influential voice in your industry? Access my free How to Create a Profitable Podcasting Masterclass, where I'll show you: Six Common Podcasting Myths that'll keep you stuck from creating your profitable podcast; Why focusing on technology (i.e. which microphone you should be using) is unwise and what you MUST focus on first if you want to start a profitable podcast. Sadly, SO many Change Makers and aspiring Thought Leaders miss these key steps and fail to generate the ROI/income they hope their podcast will generate; Three Changes in Consumer Behaviour you need to be aware of BEFORE you launch your podcast to help keep you focused on what's MOST important and/or no longer relevant; The NUMBER ONE reason why businesses fail to create a profitable podcast so you can avoid falling into the same trap; Three Podcast Profit Models that'll help you nurture listeners into leads and into paying customers, step-by-step. Go to: www.PodcastingWithPurpose.com/Masterclass YOUR SAY: What did you think about the message shared today? What action step will you take to turn this around? Go ahead and share. We'd love to hear from you! Please leave your comment in the box below, and remember to share and Like the show with your colleagues. Also, stop on by our Facebook page to say hello and to give us a shout out on Twitter – we promise to shout back! As always, we appreciate it. The post [Ep#216] Handling Challenging Conversations and Building Fear-Resilient Leaders appeared first on The Ambitious Entrepreneur Podcast Network   Learn more about your ad choices. Visit megaphone.fm/adchoices

Brave Women at Work
Remote Setup, War For Top Talent, And The Future Of Work With Nancy Lyons

Brave Women at Work

Play Episode Listen Later Oct 12, 2023 48:30


Have you ever held your vacation time back to use towards the end of the year? I have several weeks off coming up, and boy, do I need it! I am feeling the burn a little and can't wait for my upcoming travels. I have a trip with a dear friend to NYC, and we are also going to Disney as a family, so we are excited! What about you? Have you been taking your vacation? If not, here's your reminder. Take your time off and don't waste your vacation time before year-end. Enjoy and make sure to take breaks, especially as we are entering Q4 of the year, which is always a busy time! Today on the show, I have Nancy Lyons, who owns multiple business and is also an in-demand keynote speaker on the future of work. During my chat with Nancy, we discussed:1. How leadership has evolved since Nancy started her company, Clockwork, back in 2002.2. What the role of companies and individuals is when discussing the future of work?3. Her thoughts on work-from-home in a time when many employers are asking or mandating their employees to come back to the office.4. How we can start using ChatGPT if we haven't already and why AI is important to know for the future at work.5. How companies can win the war for top talent.6. How we can keep our “new employee” energy and why that is important. You'll notice this conversation has a focus on the energy that we feel and bring to our jobs is what matters and is the foundation for the future of work. It's no longer simply about our output, but it's also how we show up at work as whole people, with feelings, families, dreams, and more.

Leadership Is Changing
512: Your Future Leaders are Sitting in the Organization - Nancy Lyons

Leadership Is Changing

Play Episode Listen Later Oct 9, 2023 31:26


Gone are the days when leadership revolved around those at the top of organizational charts. How can we embrace a more inclusive, collaborative, and adaptive approach to leadership?In this episode, I speak with Nancy Lyons on modern leadership. We discuss her latest book, "Work Like a Boss: A Kick in the Pants Guide to Finding and Using Your Power at Work," and dive into the importance of aligning personal values with workplace ethos and the significance of co-creation over traditional top-down mandates.Tune into this episode as we dive into what genuine leadership embodies. In this episode:The broken state of modern work, especially after the effects of the pandemic.The importance of aligning personal values with those of employers.Nancy shares insight on her latest book, "Work Like a Boss: A Kick in the Pants Guide to Finding and Using Your Power at Work."The workplace is adapting to a co-creative approach rather than just following top-down mandates.What we can learn from Martin Luther King on LeadershipThe meaning of culture – What is the difference between superficial perks and true value for employees?How to stay future-proof as change happens at an unprecedented rate.Main takeaways:Reflect on your work's meaning and purpose. Ensure that your personal values align with those of your employer. Workers today have the power to either advocate for improvements in their current jobs or seek out other opportunities where they can make a positive impact.Despite economic challenges, talented individuals who can bring dedicated, thoughtful energy are always in demand.Understand that leadership is not defined solely by one's position on the organizational chart.Avoid being siloed or focused solely on one task or role; be versatile and adaptive.Leaders should not demand followership; instead, they should be individuals whom others feel compelled to follow.As we navigate the future of work, it's crucial to be proactive in determining how we can best show up rather than merely reacting to changing circumstances.Beyond tangible benefits like lunches or bonuses, employees want to feel genuinely valued, seen and heard in their roles.Shifting towards more inclusive decision-making will lead to quicker implementation and tangible outcomes.Quotes:“Work isn't a prison sentence. We have power, and we can either use it to make work better or use it to find ourselves different opportunities where we can actually make work better.” – Nancy Lyons “There's an opportunity for us right now at this moment in time to ask what is the most meaningful thing for you to do in spending the energy and time you have left in your career?" – Nancy Lyons "It's always going to be an employee's market if you know how to market yourself and if you're purposeful about it." – Nancy Lyons "Leadership is not delineated by a line on the org chart anymore." – Nancy Lyons "The expectation is that we need leaders throughout organizations. We need people to be able to take initiative, make decisions, take risks, and not be so siloed." – Nancy Lyons “I always tell people that leaders aren't people that say, follow me, darn it. There are people who other people feel compelled to follow.” – Nancy Lyons “Scared is what you're feeling, brave is what you're doing.” - Denis Gianoutsos “Culture confuses gimmicks and perks with what actually matters to people… People want to know that they...

Startup Hustle
Unleashing Employee Influence

Startup Hustle

Play Episode Listen Later Sep 7, 2023 53:12


Join Matt DeCoursey and Nancy Lyons, CEO and founder of Clockwork Interactive, and gain a better understanding of how to unleash employee influence on culture. Listen to Nancy and Matt discuss what employee engagement really means and why employees should be the ones establishing the company culture. As an added bonus, you'll get to hear several of Matt's "Dad Jokes" about entrepreneurship too!   Find Startup Hustle Everywhere: https://gigb.co/l/YEh5   This episode is sponsored by Full Scale: https://fullscale.io   Learn more about Clockwork Interactive: https://www.clockwork.com  See omnystudio.com/listener for privacy information.

Quirky HR
EP 62 | Decoding the Power of Open Dialogue in Workplaces and Encouraging Honest Conversations with Nancy Lyons

Quirky HR

Play Episode Listen Later Jul 28, 2023 39:34 Transcription Available


Nancy Lyons's journey to establishing Clockwork, a design and technology consultancy for regulated industries, is truly inspiring. We discuss the benefits of open dialogues, especially during times of employee resignation. Such interactions can help prevent future issues and motivate employees to become agents of positive transformation—a testament to Lyons's expertise. Tune in to navigate the complexities of change and resistance in your organization, and discover the role of HR in challenging the status quo with Nancy Lyons.Connect with Nancy Lyons:LinkedInNancyLyons.comClockWorkClick here to check out her book: Work Like a BossConnect with us:Email the podcast.Join us on Instagram - we appreciate your support!Dana Dowdell - Boss Consulting - @bossconsultinghr - @hrfanatic

Tech Intersect™ with Tonya M. Evans
Tech Intersect #165: Nancy Lyons on Changing Corporate Culture and How To Work Like A Boss

Tech Intersect™ with Tonya M. Evans

Play Episode Listen Later Jul 7, 2023 38:17


The social landscape, especially how society views work, is changing rapidly. In fact, we're experiencing these changes more quickly than we ever have before, with less time between dramatic cultural shifts. What do these fast-paced changes mean for the future of work and technology in our world? Nancy Lyons is here to discuss all that and more. This week, episode 165 of the Tech Intersect™ Podcast is about changing corporate culture and how to work like a boss! POWERED BY ADVANTAGE EVANS™ ACADEMY Fast-track your journey from cash to crypto with the Digital Money DEMYSTIFIED Quick Start Bundle now at DigitalMoneyDemystified.com. The bundle includes the Future of Wealth FUNdamentals Mini Online Mini Course, From Cash to Crypto™️ FastTrack Toolkit and a special info-rich BONUS Resource Bank. Visit DigitalMoneyDemystified.com and get started today.Nancy Lyons is the CEO of Clockwork, an experienced design and technology consultancy, and author of the Amazon best-seller Work Like a Boss: A Kick-in-the-Pants Guide to Finding and Using Your Power at Work. Nancy challenges people to unleash their potential and harness the human side of business by showing up differently, in a way that empowers you to be your most authentic self and captain of your own journey.Some of the talking points Nancy  and I go over in this episode include:The fast pace of innovation in technology.The biggest obstacle keeping organizations from keeping up with societal advancements.Success can come from lots of paths, not just the one we learn in school.Why you need to be comfortable with technology.Thank you for listening! If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me! And don't forget to follow, rate, and review the podcast and tell me your key takeaways!CONNECT WITH NANCY LYONS:WebsiteClockworkLinkedInInstagramWork Like a BossCONNECT WITH DR. TONYA M. EVANS:Questions and requests: hello@techintersectpodcast.com Follow: Twitter @AtTechIntersect | Instagram @TechIntersect Web: Tech Intersect Podcast  Connect for exclusive content: https://advantageevans.activehosted.com/f/6 Regulate & The Rabbit Hole by Notty Prod licensed via Creative Commons Attribution-NoDerivatives 4.0 International License. Produced by Tonya M. Evans for Advantage Evans, LLC

Women Leaders Podcast
The Secret Sauce to Extraordinary Leadership w/ Nancy Lyons

Women Leaders Podcast

Play Episode Listen Later Jun 23, 2023 34:49


On today's episode hear a powerful conversation about how valuing people is the most undervalued attribute of extraordinary leaders.  Guest Nancy Lyons is the co-founder and CEO of Clockwork and author of Work Like a Boss.  Nancy loves to challenge people to unleash their potential and harness the human side of business.  Looking to connect with Nancy further?  Be sure to check out Nancy on Linkedin and her company Clockwork.   And if you are looking to join the Women Leaders Association or get involved in a high level mastermind, check out womenleaderspodcast.com

Overly Human
Orchestrating Business Changes with Nancy Lyons

Overly Human

Play Episode Listen Later Apr 18, 2023 45:36


In this special episode, we will be talking with Nancy Lyons, author of “Work Like a Boss” and CEO of Clockwork. Let's discuss how making company-wide changes take time (in this case many years) and how the impact of these changes altered the entire present and future of Clockwork.  This episode is brought to you by the Bureau of Digital. Learn more at bureauofdigital.com. Follow the Show on Twitter or LinkedIn or learn more at overlyhuman.com.

The Medical Alley Podcast, presented by MentorMate
Putting People First: A Conversation with Nancy Lyons, Co-Founder and CEO, Clockwork

The Medical Alley Podcast, presented by MentorMate

Play Episode Listen Later Jan 3, 2023 33:59


Clockwork, an experienced design and technology consultancy, recently celebrated its 20th anniversary. Throughout the years, many aspects of the company have changed, but one thing has been consistent throughout: Clockwork puts people first. That includes both its employees and its customers. On this episode of the Medical Alley Podcast, Clockwork co-founder and CEO Nancy Lyons joins to share more about the company's philosophy on work culture, discusses how improve can help business leaders, and more.

The Digital Agency Growth Podcast
Rachel Gertz on How to Train Effective Project Managers

The Digital Agency Growth Podcast

Play Episode Listen Later Oct 26, 2022 52:10


Project management ties into many different parts of running a business, such as sales, operations, pricing, capacity, and more. If a project is not clearly outlined or systematized, it can be problematic for everyone involved. It ends up taking more time than anticipated and costing revenue. This week, episode 153 of The Digital Agency Growth Podcast is about how to train effective project managers! Watch our new recorded video training: Relationship-Driven New Business At-ScaleIn this episode of The Digital Agency Growth Podcast, Dan Englander and Rachel Gertz share the importance of project management in managing expectations for different teams. They also discuss actionable steps you can take right now toward democratic project management. Rachel Gertz is CEO and Dig­i­tal PM Train­er at Loud­er Than Ten. She trains tech work­ers how to trans­form their com­pa­nies through demo­c­ra­t­ic project man­age­ment. Rachel helps com­pa­nies track project num­bers that real­ly mat­ter and how to turn blocks into oppor­tu­ni­ties to build strong rela­tion­ships with their teams, cus­tomers, and clients. Her mis­sion at Loud­er Than Ten is to give back pow­er to the peo­ple lead­ing their projects so they can end hustle culture.In this episode, Dan and Rachel discuss the following:The human element of project management that tends to be overlooked.How to incentivize the best performance and retain employees longer.The evolution of digital project management and what the future will hold.Over-optimizing for one metric at the expense of another and how that can hurt us.Bridging the gap to understanding the necessity of a project manager.Don't forget to listen in for Rachel's live reactions and strategies for current project management issues Dan's seeing right now.Thank you for listening! If you enjoyed this episode, please take a moment to follow, rate and review the podcast and tell me your key takeaways!CONNECT WITH RACHEL GERTZ:WebsiteTwitterInstagramLinkedInLouder Than TenCONNECT WITH DAN ENGLANDER:LinkedInSales SchemaLINKS MENTIONED:Episode with Nancy Lyons

Tied to the Tracks
Indigo Girls - Self Titled with Nancy Lyons

Tied to the Tracks

Play Episode Listen Later Jul 9, 2022 76:48


We get closer to fine with Nancy Lyons as we chat about Indigo Girls' 1989 self-titled major label debut.Support the show via Patreon. Show notes are available at https://ttttpod.com/. Follow us on Facebook, Instagram, and Twitter for more. 

Smart Business Revolution
Nancy Lyons | [Top Agency Series] Build a Great Culture in Times of Pandemics and Social Justice Revolutions

Smart Business Revolution

Play Episode Listen Later Nov 26, 2021 47:14


Nancy Lyons is the President and CEO of Clockwork, an interactive design and technology consultancy. She is an entrepreneur, author, speaker, and passionate advocate for LGBTQ families. She is the author of Work Like a Boss: A Kick-in-the-Pants Guide to Finding (and Using) Your Power at Work, and lives in Minneapolis with her spouse and son.  In this episode of the Smart Business Revolution Podcast, John Corcoran interviews Nancy Lyons, the President and CEO of Clockwork, about how she has been building her company during challenging times. Nancy explains how the death of George Floyd impacted business in Minneapolis and in her company, explains how she evaluates clients to work with, and talks about her book. Stay tuned.

Agencies That Build
Rethinking the American Dream - Nancy Lyons- Agencies That Build #022

Agencies That Build

Play Episode Listen Later Jun 29, 2021 60:38


Nancy Lyons is the Co-founder and CEO of Clockwork, a Minneapolis-based design and development agency of thinkers and doers. They transform businesses by uniting people, processes, and technology around business solutions.      Takeaways Starting as an agency at present, data is your best friend. With Market analysis and research, you can accurately determine your strengths by figuring out where you fit? Who you are talking to and what do they want? Be mindful of your strategy and revisit it in a timely manner. Regular conversations about strategy will help you formulate a roadmap to follow. “I often tell people that sometimes we're limited by the limitations of our prospects or our clients' understandings, because they call us when they need what they think we do.” - Nancy “When you're able to clearly articulate absolutely what you do, and the value that your prospects can expect from that absolute thing. I think it makes it much easier to drive interest in your brand and your offering.” - Nancy When you're building a business plan start by figuring out what is it that you're trying to accomplish? What do you want? What is your business focus? How do you expect to scale?   Links: LinkedIn - https://www.linkedin.com/in/nancylyons/ Clockwork - https://www.clockwork.com/ Nancy - https://www.nancylyons.com/   Busted Myths: The American dream that hard work and perseverance are a sure-shot way of making it big in the country and it's never about the privileges.   

Champions of Risk
Nancy Lyons (Season 2, Episode 17)

Champions of Risk

Play Episode Listen Later Apr 28, 2021 56:49 Transcription Available


Buckle up, buttercup. This episode covers a lot of ground as Nancy Lyons and I talk about death, grief, racism, white privilege, mindset in the workplace, making work better, how Wells Fargo could make banking better coming out of COVID, and being kind. Nancy is thecofounder and CEO of Clockwork, an award-winning digital agency. She has been a leader in the technology industry for more than 25 years and has proven that people first business strategy wins. She is also a national speaker, great conversationalist, and the author of “Work Like a Boss: A Kick in the Pants Guide to Finding (and Using) Your Power at Work”. Check it out on the Champions of RISK podcast (Season 2, Episode 17)  Shownotes:Nancylyons.comWork Like a BossClockwork.comDr. Joi LewisMasterclass: Secrets of the World's Most Successful People

Pharmacy Focus
15: Community Pharmacists and COVID-19 Testing

Pharmacy Focus

Play Episode Listen Later Jan 8, 2021 12:24


In this week’s episode, we will be discussing the steps community pharmacies can take to begin implementing COVID-19 testing with Nancy Lyons, chief pharmacist for McKesson Health Mart. If you would like to nominate a pharmacist or pharmacy staff member as a Pharmacy Hero, email AAntrim@pharmacytimes.com!

MPR News with Kerri Miller
‘Work Like a Boss’ with advice from a boss who works

MPR News with Kerri Miller

Play Episode Listen Later Nov 24, 2020 47:12


It’s a weird year in the workplace. If the option exists, most employees are working from home. Office buildings sit empty. In big cities, occupancy rates hover around 25 percent. Relationships exist mostly on Zoom, and the line between work and home life has become a gradient. But that’s no reason to give up, says Nancy Lyons. In her new book, “Work Like a Boss,” the CEO and cofounder of Clockwork, argues that fulfilling work has very little to do with the place you do it. Instead, she says, now is the time to drill down on key elements like clear communication, collaboration and innovation. Lyons is also a member of the MPR Board of Trustees. Wednesday, MPR News host Kerri Miller had a conversation with Lyons about how to work like a boss — even if you don’t have that word in your title. Guest: Nancy Lyons is the cofounder and CEO of Clockwork, a Minneapolis-based ad digital agency, and the author of her new book, “Work Like a Boss.” To listen to the full conversation you can use the audio player above. Subscribe to the MPR News with Kerri Miller podcast on: Apple Podcasts, Google Podcasts, Spotify or RSS

The Tech.MN Podcast
Work Like a Boss with Nancy Lyons of Clockwork

The Tech.MN Podcast

Play Episode Listen Later Sep 29, 2020 51:17


On Episode 56, Kevin and Jac welcome Nancy Lyons, Co-founder/CEO of Clockwork and author of Work Like a Boss. Nancy shares her story of breaking into the tech industry in Minnesota and what she has learned along the way. We dive into leadership in the workplace and Nancy’s journey to discovering her legacy.   This Episode is powered by Fredrikson & Byron Fredrikson & Byron has built a reputation as the firm “where law and business meet” by bringing business acumen and entrepreneurial thinking to our work with clients and by operating as business advisors and strategic partners as well as legal counselors.   The Fredrikson & Byron SURGE group works specifically with startups and growing companies in technology, healthcare and life sciences, energy, consumer goods, and social entrepreneurs.    To learn more about how the SURGE team can help your company reach its business goals, contact SURGElaw@fredlaw.com and visit fredlaw.com.   Hype TimeEvery episode we ask our guest to name drop someone doing cool things in the tech community. Nancy gives a shout to Danielle Steer, Executive Director of Lunar Startups (listen to her episode here!). Socials tech.mn on TwitterKevin McArdle on TwitterJac Stark on TwitterNancy Lyons on TwitterClockwork on Twitter Links Nancy Lyons’ WebsiteClockwork’s WebsiteOrder Work Like a Boss

WORKFORCEPODS
E171: Workforce Waves- How to "Work Like a Boss" During a Pandemic

WORKFORCEPODS

Play Episode Listen Later Aug 7, 2020 26:19


From Workforce Waves Podcast: Before the pandemic struck, remote work was accelerating in the U.S. But the past few months has been a very strange test of our white-collar future and in some cases, those jobs considered blue-collar too. Join us to discuss how to "Work Like a Boss" during a Pandemic with guest Nancy Lyons. 

Workforce Waves
E27: How to "Work Like a Boss" During a Pandemic

Workforce Waves

Play Episode Listen Later Jun 24, 2020 26:19


Before the pandemic struck, remote work was accelerating in the U.S. But the past few months has been a very strange test of our white-collar future and in some cases, those jobs considered blue-collar too. Join us to discuss how to "Work Like a Boss" during a Pandemic with guest Nancy Lyons. 

Walk the Walk
S1E5: Nancy Lyons on Alignment, Ownership and Working Like a Boss

Walk the Walk

Play Episode Listen Later May 25, 2020 30:17


As leaders, we are expected to guide behavior according to the values of the companies at which we work. But what about employees?  How can they find empowerment and autonomy within the ethos of the organizations at which they work? Nancy Lyons is the CEO at Clockwork, a digital consultancy, and the author of "Work Like a Boss, A Kick in the Pants Guide to Finding and Using Your Power at Work."   In this episode, Nancy and Andi discuss finding values alignment between employees and clients, offering autonomy and support to leaders looking to flex their leadership ability, and how to challenge and empower your employees.

Pharmacy Podcast Network
Continuing Education Innovators: CEImpact partners with the Pharmacy Podcast Network

Pharmacy Podcast Network

Play Episode Listen Later May 20, 2020 22:58


PPN Partners with leading Continuing Education platform: CEImpact  CEImpact and the Pharmacy Podcast Network have partnered together to deliver to the pharmacy industry the most unique platform in Continuing Education for the innovative pharmacist looking for flexible based life-long learning and credits for the up-keep and progression of your healthcare career.  Listen to CEImpact founders Suzanne Feeney, PharmD Vice President, Business Development at CEImpact &   Jennifer Moulton President, CEImpact Co-Founder, Thrive Pharmacy Transformations talking with Pharmacy Podcast Network founder Todd S. Eury, about the first podcast to deliver Continuing Education through podcasting and the Network.  "CEImpact is so much more than a pharmacy education provider. They are a trusted partner in helping us create and deliver practical and meaningful content that is tailored to the needs our independent pharmacy teams. From a solid offering of required compliance courses to custom education solutions to innovate practice, I count on the CEImpact team to help us keep moving community practice forward." ​Nancy Lyons, Vice President, Chief Pharmacy Officer, Health Mart Pharmacy This episode is brought to you by:  UltiGuard Safe Pack: https://www.ulticare.com/ultiguard-safe-pack/podcast 

TEN7 Podcast
Nancy Lyons: It’s Not About the Work, It’s About the People

TEN7 Podcast

Play Episode Listen Later Mar 18, 2020 39:18


Our guest is Nancy Lyons, founder and CEO of Minneapolis-based digital agency Clockwork, and tireless advocate for equality, diversity and inclusion. Because of her focus on “life balance,” Clockwork is consistently ranked as a “best place to work.” Nancy and Ivan discuss the ways they both strive to make life better for the humans in their companies.

The Digital Agency Growth Podcast
People, Culture, and Technology with Nancy Lyons

The Digital Agency Growth Podcast

Play Episode Listen Later Jan 28, 2020 38:43


As agency owners, we have to stay ahead of the rapid introduction of new technology, and it's easy to lose sight of the fact that it's the people who make everything possible.   Today's guest underscored two big ideas: relationships and reputation still reign supreme and it's the CEO's job to get prospects excited about what's […]

By All Means
Episode 21 - Clockwork Founder + CEO Nancy Lyons

By All Means

Play Episode Listen Later Sep 25, 2019 54:48


Nancy Lyons is the founder and CEO of Clockwork, a Minneapolis-based experience design and technology agency that works with clients across industries. She’s a leader with a personal mission to “think strategically, act thoughtfully, be a good human.” As such, she spends much of her time speaking, writing, and thinking about the intersection of leadership, entrepreneurship, technology and people. “I don’t love tech,” Lyons says. “I love people and how tech supports and empowers people.” In this episode, Lyons walks us through her path into the tech industry—back when the Internet was in its infancy. She talks about learning how to code, learning project management, getting to a place where she feels comfortable being herself at work and speaking her truth. “What Clockwork is doing that I’m proud of is creating the space for uncomfortable conversations that ultimately lead to change,” Lyons says. “We have this idea that success looks a certain way—especially for women. We need opportunities to see ourselves. Success comes in a wide variety. People have to see themselves in the work to believe they belong there.” Lyons serves as the chair emeritus of the National Board of Directors of the Family Equality Council. She sits on the Minnesota Governor’s Blue Ribbon Council on Information Technology. She is on the Open Twin Cities Advisory Board, as well as the Amplified Voices Board, and is a member of the advisory board for the innovative entrepreneurial conference, Giant Steps. She co-authored the book “Interactive Project Management: Pixels, People, and Process.” After our conversation with Lyons we go Back to the Classroom with the University of St. Thomas Opus College of Business. Marketing professor Gino Giovannelli talks about why Lyon’s outspokenness works for her in business. “She is who she is. She’s putting it all out there. In order to establish relationships, you need to be authentic.”

The Intentional Greatness Podcast
Female Leaders | Making the World Work for Everyone, with Nancy Lyons

The Intentional Greatness Podcast

Play Episode Listen Later Sep 18, 2019 56:15


Nancy Lyons is a CEO, entrepreneur, and all-around good human who speaks about the intersection of leadership, entrepreneurialism, technology, and people. Through her candid writing and speaking, she explores the many facets of life at work and champions human-centered approaches to business. Seeing work and the culture of work as the next economic frontier, she pushes the progressive boundaries of how we as female leaders think about professional and personal lives. Nancy has been locally and nationally recognized for her role as owner and CEO of Clockwork. She is a co-author of “Interactive Project Management: Pixels, People, and Process” (New Riders, 2012) and author of the upcoming book, “How to Win at Business by Being Nice to Humans.” What You Will Learn: Clockwork's mission and Nancy's view on current “diversity initiatives” in the modern-day workplace How to be an ally to marginalized people you encounter in your personal and professional lives The unique insights Nancy has gained as a mother in a transracial family The philosophy that Nancy and her family follow to maintain happiness and stability Why helping the most marginalized among us benefits everyone Nancy's practices for getting through tough days and integrating her work and family Nancy's most important source of inspiration The best lesson Nancy has to pass on to other female leaders Resources: Email: nancy@clockwork.com Medium: https://medium.com/@nylons Website: https://www.nancylyons.com/ Maximizing Success Journal: Text JOURNAL7 to 44222 Female Leaders | Best Practices for Being an Ally, with Nancy Lyons Diversity In Today's Workplace It's no secret that diversity is on the minds of a lot of business owners and entrepreneurs as our society continues to progress toward better workplaces for everyone. However, too many companies believe that hiring a “diversity professional” is enough to make their workplace up to par. As a female leader and mother in a diverse family, my good friend Nancy Lyons recognizes the shortcomings of many businesses and has devoted herself to providing solutions. It's not enough to put in a “diversity initiative” and hire more women, people of color, and members of the LGBTQ community. Nancy stresses how imperative it is that companies create an inclusive environment that fosters diversity. This is especially true for the technology industry, where the vast majority of employees are white and male. Something needs to change. An issue Nancy has with HR departments is their desire to keep everyone feeling safe and comfortable. When it comes to making companies more inclusive, comfort is the enemy of progress. Nancy's consulting is centered around having tough conversations with companies. She teaches HR departments about being an ally to all different classes of people, from transgender people to Muslim people to people of all different races. This means knowing how casual conversations and office politics affect diverse populations and what can be done to mitigate those barriers to inclusivity. An Ally in Work and Life Nancy revealed to me a truth that a lot of us probably know, but not a lot of us admit: being an ally isn't about us. We shouldn't pat ourselves on the back when we think we've done a good job of being an ally. The people we're trying to support should get to celebrate and cherish us as allies rather than watch us parade ourselves around as champions of diversity. While female leaders face a steeper fight than their male counterparts, a lot of us are still unaware of the issues that more oppressed groups deal with on a daily basis. Nancy is a member of a diverse family, and her perspective is particularly valuable for all people wondering how they can be allies. Nancy and her wife raise their adopted son, who is African-American, and have been exposed to the dangers in the world that their son will face. They've had to raise him to be especially conscious of everything he does, from how he talks to people to how he acts in public to the fun things he's allowed to do. It's horrible. But our society treats him differently, and it shouldn't be that way. A huge action step Nancy has for all of us is recognizing how little we understand. Even as a member of a transracial family, Nancy was not prepared for the challenges she faces raising an African-American son. Acknowledging our own shortcomings and being available and open to learning more about the struggles of marginalized groups is one of the best things that all of us can do. Keeping Stable Female leaders and entrepreneurs have stressful lives already, but to add in the responsibility of this very special kind of parenting would be enough to burn a lot of us out. Nancy has trod the path for us, luckily. She has plenty of ideas on how to make the journey easier. If you're raising an only child, pay close attention to how stable your marriage or relationship is. Make sure your child knows they are heard and valued. Have the tough conversations and resolve the issues. Don't go to bed angry. When it comes to being a leader, Nancy draws her inspiration from those around her. She surrounds herself with motivational people, people in the Women Presidents' Organization, and people she wants to be like. Above all, she understands that losing is just as much a part of life as winning. And although her productivity switch is always on, she makes time to close her laptop, spend time with her family, and just be. That's the best thing you can do.

RadioRev
10 - Rev Up 2019 Meet the Speakers Series with Nancy Lyons

RadioRev

Play Episode Listen Later Jul 23, 2019 24:59


In this episode, Revel CEO Jeff Fritz is talking with Rev Up 2019 keynote speaker, Nancy Lyons. Nancy is a CEO, entrepreneur, and opinionated individual who loves to talk about work, work culture, and progressive ideas. She speaks locally and globally, but most frequently on Twitter as @nylons. We're excited to welcome Nancy to the Rev Up 2019 conference taking place in Minneapolis, MN August 14-15th. For more information about the event and to view the complete agenda visit: www.revupshow.com

Time Limit
014 - Rachel Gertz on Project Management Education

Time Limit

Play Episode Listen Later Jul 8, 2019 34:28


Whether you’re a seasoned PMP or a brand new project leader with no formal training, you’ve likely thought about ways to level up your skillset to make you a better PM and your career. But where do you go to learn? Sure, TeamGantt is a great starting point for classes, resources, and templates, but there’s more. In this episode, Brett talked to PM trainer Rachel Gertz about PM education, and a few related topics: Focusing on the right things as a PM, not just your plans or process How to continue to learn and grow as an experienced PM The value of certifications Where project management is headed Managing risk, and not trying to control everything The advantages of being in command of facts, which allows you to be relaxed The conversation went in a few different directions, but always came back to the value of being open and ready to learn. Resources mentioned in this interview include: The Digital PM Summit Deliver Conference Interactive Project Management: Pixels, People, and Process by Nancy Lyons and Meghan McInerny Our Iceberg is Melting: Changing and Succeeding Under Any Conditions by John Kotter The Checklist Manifesto: How to Get Things Right by Atul Gawande Project Management for Humans: Helping People Get Things Done by Brett Harned

Not About You
Nancy Lyons | Season 3 Episode 6

Not About You

Play Episode Listen Later Nov 20, 2018 46:43


“There’s a big difference between lived equality and legal equality.” Nancy has been locally and nationally recognized for her role as owner and CEO of Clockwork. She is co-author of “Interactive Project Management: Pixels, People, and Process” (New Riders, 2012) and author of the upcoming book, “How to Win at Business by Being Nice to Humans.” She serves as the Chair Emeritus of the National Board of Directors of the Family Equality Council, is on the Board of Trustees at Minnesota Public Radio, is on the Open Twin Cities Advisory Board, is on the Amplified Voices Board, and is a member of the advisory board for the innovative entrepreneurial conference, Giant Steps. She is also a member of the Women’s Presidents Organization and was the Emcee for the Women’s March MN in 2017. https://www.nancylyons.com/

Hyperbole: The Best Podcast Ever
The Best Rejuvenation Ever

Hyperbole: The Best Podcast Ever

Play Episode Listen Later Aug 19, 2018 41:11


In this episode: pink dog food, baby talk, word of the week, giant spoons, premature empty nest anxiety, a Tesla tweet gone bad, cold medicine, Omarosa's surreptitious recordings, currency instability in Turkey, challah for the chalidays, city wildlife, another pretty good sports segment, and our interview with the best CEO, entrepreneur, and community leader ever, Nancy Lyons!

Women Inspired!
0067 | Nancy Lyons | A Master Class in Gumption!

Women Inspired!

Play Episode Listen Later Jun 20, 2018 49:32


It's not often that we get to sit down with someone we have admired for a long time. This week, I'm sharing an interview that resulted from my opportunity to do exactly that. I have admired Nancy Lyons, CEO of Clockwork, for quite a few years. She is all of the good stuff, wrapped up together in one person. Strong? CHECK! Opinionated? CHECK! Gumption and self-confidence for days? CHECK! Gives good hugs? DOUBLE-CHECK! You are not going to want to miss this episode of the podcast. Nancy shared so much wisdom with us all, including: How she cultivated all of that gumption The impact of our actions on the next generation Why we're so unengaged at work and how to fix it The importance of living life to the fullest How to practice and cultivate positivity The importance of silencing your inner critic The impact of women supporting women I'm beyond thrilled to introduce you all to Nancy Lyons! Here are a few more details about her: Nancy Lyons is a CEO, entrepreneur, and all around good human who speaks about the intersection of leadership, entrepreneurialism, technology, and people. Through her candid writing and speaking, she explores the many facets of life at work and champions human-centered approaches to business. Seeing work and the culture of work as the next economic frontier, she pushes the progressive boundaries of how we think about professional and personal lives. Nancy has been locally and nationally recognized for her role as owner and CEO of Clockwork. She is co-author of “Interactive Project Management: Pixels, People, and Process” (New Riders, 2012) and author of the upcoming book, “How to Win at Business by Being Nice to Humans.” Sign up at www.aprilseifert.com to get instant access to April's Life Blueprinting tool! Gain clarity on the areas of your life that are most in need of improvement and start to make changes to design your best, most joyous life! Leave me a rating or a review on iTunes by clicking here!

WP-Tonic Show A WordPress Podcast
#234: WP Tonic Show We Interview Nancy Lyons CEO of Award Winning Digital Agency Clockwork

WP-Tonic Show A WordPress Podcast

Play Episode Listen Later Oct 6, 2017


This week, Jonathan Denwood and Kim Shivler interviewed Nancy Lyons, CEO of Clockwork, an award winning, interactive design agency. Clockwork is known as one of the best places to work in Minneapolis, and Nancy shared insights on how to create a people-centered corporate culture, and why it's important to consider that different employees work and process in different ways and how allowing this increases engagement. Nancy is co-author of the book Interactive Project Management, Pixels, People, & Process which takes a people-centered approach to delivering outstanding digital products.

The Justin Brady Show
Nancy Lyons, CEO of Clockwork discusses her nationally famous work culture!

The Justin Brady Show

Play Episode Listen Later Aug 17, 2016 33:32


She thought her future was going to be as a stand-up comedian, but ended up becoming CEO of Clockwork a large digital strategy company in Minneapolis. Clockwork has beer on tap, you can work from anywhere you want to at any time, but Nancy doesn't actually believe that makes a great work culture. Nancy shares what makes her work culture famous from coast to coast. She was even invited to The White House to speak on work culture! Go to www.justinkbrady.com/podcast for more info.

The Bureau Briefing
Episode 003: Creating Culture with Nancy Lyons

The Bureau Briefing

Play Episode Listen Later Mar 18, 2016 24:19


Culture. It's the ultimate buzzword. But the truth is it's the difference between the success and failure of every digital agency. If your team is miserable then your clients are miserable. If everyone feels appreciated then there is nothing you can't accomplish. This week Carl welcomes Nancy Lyons of Clockwork, possibly the best place to work in the whole dang industry.

Mayo Clinic Center for Innovation Transform Podcast
Excellence Like Clockwork: Nancy Lyons

Mayo Clinic Center for Innovation Transform Podcast

Play Episode Listen Later Aug 6, 2015 30:03


We traveled up to the Twin Cities to talk about innovation in work culture, treating your employees like people, and how this all applies to everyone. Thank you Nancy Lyons!

One Bad Mother
Ep. 64: Kids Say The Darndest Things

One Bad Mother

Play Episode Listen Later Jul 18, 2014 74:14


Biz and Theresa try to anticipate the ramifications of teaching our kids fart jokes and songs about poop. Are we taking all the fun out of it? Are we creating "that kid" who brings dirty words into their friends homes? Probably yes, and yes. Oh, well! Can't be helped. Plus, Theresa pledges to stop lying about how incredibly (im)perfect her life is, and we chat we the very charming Nancy Lyons about working families.

Pratfalls of Parenting
Nancy Lyons | Pratfalls of Parenting Ep 95

Pratfalls of Parenting

Play Episode Listen Later Apr 29, 2014 60:41


“The world has an expectation that your story will make logical sense.” This episode features Clockwork media CEO, co-founder of Geek Girls Guide, and author Nancy Lyons. Nancy talks about the collaborative nature of her design and technology solutions work. She talks about starting Geek Girls Guide to demystify technology and how technology folks talk […]

MN AMA Get In The Game Podcast
Social Media-Beyond the Hype: An Introduction to Social Media

MN AMA Get In The Game Podcast

Play Episode Listen Later Dec 2, 2009 55:37


Beyond the Hype: An Introduction to Social Media Clockwork Active Media Systems Nancy Lyons and Meghan Wilker - Geek Girls

MN AMA Get In The Game Podcast
Social Media-Beyond the Hype: An Introduction to Social Media

MN AMA Get In The Game Podcast

Play Episode Listen Later Dec 2, 2009 55:37


Beyond the Hype: An Introduction to Social Media Clockwork Active Media Systems Nancy Lyons and Meghan Wilker - Geek Girls “Social media” is the buzzword of the moment. But, what does it actually mean? Beyond the hype, how can people and businesses use these tools to connect with employees, clients and customers? The Geek Girls will give an overview of the social media sphere and discuss how to create a social media strategy that really works.

MN AMA Get In The Game Podcast
Social Media-Beyond the Hype: An Introduction to Social Media

MN AMA Get In The Game Podcast

Play Episode Listen Later Dec 2, 2009 55:37


Beyond the Hype: An Introduction to Social Media Clockwork Active Media Systems Nancy Lyons and Meghan Wilker - Geek Girls “Social media” is the buzzword of the moment. But, what does it actually mean? Beyond the hype, how can people and businesses use these tools to connect with employees, clients and customers? The Geek Girls will give an overview of the social media sphere and discuss how to create a social media strategy that really works.

MN AMA Get In The Game Podcast
Social Media-Beyond the Hype: An Introduction to Social Media

MN AMA Get In The Game Podcast

Play Episode Listen Later Dec 1, 2009 55:37


Beyond the Hype: An Introduction to Social Media Clockwork Active Media Systems Nancy Lyons and Meghan Wilker - Geek Girls

Purse Strings on WebmasterRadio.fm

Nancy Lyons and Meghan Wilker of Clockwork Active Media Systems. They will talk about their female-friendly tech site GeekGirlsGuide.com. They give us a glimpse into making social networks an easier fit for both consumer and marketers.