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Big Take

Big Take

937 episodes — Page 15 of 19

This Cryptocurrency Wants To Scan Your Eyeball

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

Sep 27, 202320 min

US Companies Pledged To Improve Workplace Diversity. And They Have

After the murder of George Floyd and subsequent protests in 2020, corporate America made bold promises to address racial disparities in the workplace. And they delivered. Bloomberg’s Jeff Green and Rebecca Greenfield join this episode to dig into the data about US companies’ DEI efforts. Read more: Corporate America Promised to Hire a Lot More People of Color.It Actually Did. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 25, 202325 min

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

Hundreds of thousands of people charged with crimes in the US each year are incarcerated while they await trial. Often it’s because they can’t afford to pay bail. New York City’s pretrial supervised release program aims to change that. A judge can opt to release some defendants under the supervision of a caseworker, who monitors their progress as they await their day in court. Bloomberg’s Fola Akinnibi and Sarah Holder join this episode to talk about how the program works, the fraught politics around it–and why it may become a blueprint for other cities and states. Read more: America Is the World Leader in Locking People Up. One City Found a Fix Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 25, 202320 min

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

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

Sep 22, 202322 min

Geopolitics Is Shaking Up Economic Alliances

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

Sep 21, 202329 min

Here's How Workers Describe Dollar General. Brace Yourself

The Dollar General retail chain has 19,000-plus locations, more than Walmart and Wendy’s combined. Its business model is to open in towns too small to support bigger retailers, sell necessities at low prices and keep staff to a minimum, sometimes as few as one or two people per shift. This bare bones approach has led to profits but also numerous OSHA citations and millions of dollars in proposed fines against the company since 2017. Bloomberg reporters Josh Eidelson and Brendan Case join this episode to talk about their reporting on Dollar General, what current and former employees say about what it’s like to work there–and how the company has responded. Read more: Why Dollar General Might Just Be the Worst Retail Job in America Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 20, 202324 min

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

Bloomberg Businessweek national political correspondent Joshua Green joins this episode to describe a political phenomenon that’s emerging in parts of the US: red states encroaching on blue cities. In Nashville, Austin and elsewhere, Republican legislatures have successfully used supermajorities to block liberal reforms and enact conservative policies. Read more: The Hostile Takeover of Blue Cities by Red States Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 19, 202325 min

What Do Striking US Auto Workers Want?

On Friday, US auto workers started an unprecedented strike against all three of the legacy Detroit carmakers. If the standoff isn’t resolved quickly, it could ripple through the US economy. Bloomberg’s Detroit Bureau Chief David Welch joins this episode to talk about what the union is demanding–and whether the companies will give them what they want.Read more: How Auto Executives Misread the UAW and Ignited a Historic Strike Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 18, 202320 min

India Flexes Its Growing Global Power

There were many global issues on the table at the G-20 summit in New Delhi. But arguably the real center of attention at the India meeting was India itself–and the ambitious agenda of Prime Minister Narendra Modi. Bloomberg’s Sudhi Ranjan Sen and Daniel Ten Kate join this episode to discuss what came out of the gathering of leaders—and how India is asserting itself on the world stage. Read more: India’s Moment Has Arrived, and Modi Wants a New Global Order Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 15, 202320 min

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

Retail work has always been hard – long hours and weekend shifts on your feet, a lower pay scale and dealing with disgruntled customers. But in our post-pandemic economy, those issues have only been amplified with shoppers behaving badly and wages not keeping up with inflation, while employees take on ever-expanding roles. As a result, many workers are deciding the job just isn’t worth it. Bloomberg’s Devin Leonard and Rebecca Greenfield explain the decline of retail workers’ sense of value and respect that is leading them to quit in droves. And retail reporter Olivia Rockeman talks about the broader challenges facing brick and mortar stores as they try to compete with growing online sales. Read more: US Retail Workers Are Fed Up and Quitting at Record Rates Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 14, 202325 min

Carbon Capture’s Make Or Break Moment

Since the 1970s, carbon capture and storage (CSS) has been held up as one potential tool to help combat global warming. The idea is to capture carbon dioxide released in the production of fossil fuels like coal, oil and natural gas, and store it deep underground–instead of letting it escape into the atmosphere. But despite billions of dollars spent, the technology hasn’t quite lived up to expectations. Bloomberg’s Stephen Stapczynski and David Stringer report that now is the make or break time for carbon capture to prove its worth, and they join this episode to talk about whether it’s up to the challenge of slowing climate change. Read more: Big Oil’s Climate Fix Is Running Out of Time to Prove Itself Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 13, 202326 min

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

For decades, companies looking to lower costs have resorted to offshoring—moving their manufacturing to China and other nations in Asia. But US-China tensions and a desire to simplify long, complex supply chains are now leading a growing number of businesses that serve US customers to do the reverse—“nearshoring.” They’re relocating some or all of their operations to Mexico. Bloomberg’s Maya Averbuch and Leda Alvim join this episode to talk about Mexico’s manufacturing boom in everything from electric vehicles to baked goods—and why it’s a critical moment for the country’s economy. Read more: Mexico’s Moment: The Biggest US Trading Partner Is No Longer China Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 12, 202327 min

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

By now, most people across the globe have returned to pre-pandemic routines like traveling and going to the movies. But when it comes to where they work, many remote employees want to leave their offices in the past. Bloomberg’s Matthew Boyle joins this episode to discuss companies’ ongoing battle to lure employees back to in-person work, and where the return-to-office movement has gained the most traction around the world. Read more: Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 11, 202322 min

A Street Drug From Syria Is Alarming The US And Europe

A cheap, illegal amphetamine called captagon is raising alarm around the globe after circulating for years in the Middle East. The US and its allies say much of the world’s supply of captagon is made in Syria–and that the government of President Bashar Al-Assad is using captagon sales abroad to cushion the financial blow of Western sanctions on Syria. Bloomberg’s Sam Dagher and Samy Adghirni join this episode to describe captagon’s rise from 1960s German pharmaceutical to pervasive street drug, and why European officials are so concerned about a possible influx within their borders. Caroline Rose, Director of the Captagon Trade Project at the New Lines Institute explains how the US is responding to the spread of captagon. Read more: ‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to Proliferate Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 8, 202328 min

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

Growing sales of electric vehicles around the world have also come with growing pains. In China, outdated models no one wants pile up in vast EV graveyards. In Norway, tax breaks for electric car buyers have been so successful that the government faces a revenue shortfall. Bloomberg’s Linda Lew and Businessweek contributor Willem Marx join this episode to talk about the upsides—and downsides—of the EV boom. And Oslo city councilman Eivind Trædal explains why electric cars can sometimes make the problem of traffic-clogged streets even worse. Read more: China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 7, 202326 min

Want To Leave Apple For Android? Good Luck

The Apple “ecosystem” has tremendous appeal – sleek design, genius marketing and a myriad of products and services that are seamlessly compatible. This makes users feel at ease within its closed circuit. Unless they want to try something else.Bloomberg reporter Austin Carr decided to scale Apple’s walled garden to see if the grass was greener in the Android and Windows world. But his attempts to transfer his photos, messages and contacts to his new devices turned into a maddening, months-long saga. In this episode Austin details his experience– and explains why Apple put up those walls in the first place. Read more: iQuit: My Hellish Attempt to Leave Apple’s Walled Garden Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 6, 202327 min

The Women Astronauts Who Shattered The Highest Glass Ceiling

In 1978, NASA opened its astronaut training program to women. Bloomberg space reporter Loren Grush recounts their challenges and achievements in her new book The Six: The Untold Story of America’s First Women Astronauts. She joins this episode to talk about the extraordinary careers of Sally Ride, Judy Resnik, Anna Fisher, Kathy Sullivan, Shannon Lucid and Rhea Seddon—and the mark each astronaut left on the history and future of space exploration. Read more: How NASA Chose Its First Woman In Space Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Sep 5, 202327 min

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

We're taking a break for the Labor Day Holiday in the US, so here's a favorite you might have missed. We'll be back at it tomorrow with a new episode.The tabletop roleplaying game Dungeons & Dragons is approaching its 50th anniversary and it has never been more popular, attracting players of all ages to its analog charms. Now Hasbro, the toy company that owns it, is betting D&D can be brought into the digital age and become a big moneymaker. Bloomberg correspondent Felix Gillette joins this episode to talk about why Dungeons & Dragons is having a cultural — and economic — moment, and why it might not be so easy to persuade diehard fans to pay for a digital experience. Also, gaming retail store owner Lauren Bilanko shares what it’s like to run a business that caters to the D&D crowd. Read more here: Dungeons & Dragons’ Epic Quest to Finally Make Money Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode originally aired in April 2023.See omnystudio.com/listener for privacy information.

Sep 4, 202330 min

TEAM FAVORITE: India Weighs An Historic Expansion of Marriage Rights

We're taking a pause this week to recharge our batteries. Here's one we love that you might have missed. We'll be back with fresh episodes next week.Earlier this year, India’s Supreme Court heard arguments on whether to legalize same-sex marriage. A verdict is expected in the fall. Bloomberg reporters Muneeza Naqvi and Kai Schultz join this episode from New Delhi to explain India’s rapid march toward affirming rights for LGBTQ people, and how a ruling in favor of same-sex marriage would be felt not just within the country but across Asia and beyond. Then, Gurchaten Sandhu, program director at the International Lesbian, Gay, Bisexual, Trans and Intersex Association in Geneva takes a step back to talk about which countries have advanced marriage equality and where it is still outlawed. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode originally aired in March 2023.See omnystudio.com/listener for privacy information.

Sep 1, 202325 min

TEAM FAVORITE: A Gun That Knows Who’s Pulling The Trigger

We're taking a pause this week, so here's a favorite episode you might have missed. We'll be back next week with some fresh episodes. For decades, inventors have tried and failed to make a smart gun. A company called Biofire now appears to have pulled it off. It uses both fingerprint scans and facial recognition so that only a registered user can fire it.But will anyone buy it? Will this technology become yet another point of contention between pro and anti-gun groups? Firearms advocates have long been skeptical of biometric weapons but they’ve also never run across one that actually worked. Bloomberg reporter Ashlee Vance joins this episode to talk about Biofire’s new smart gun, how it works, and what it’s like to use. We also hear from Biofire’s 26-year-old CEO Kai Kloepfer, who started working on the gun after the mass shooting in his home state of Colorado, when he was 15-years-old. Read the story: https://bloom.bg/43DMVBH Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected]. This episode originally aired in April 2023.See omnystudio.com/listener for privacy information.

Aug 31, 202328 min

TEAM FAVORITE: Summer Heat Is Straining The US Power Grid. Winter Cold Could Be Worse.

We're taking a break this week, so here's a favorite you might have missed. We'll be back with fresh episodes next week. Record temperatures in Texas and across the southern US this summer put immense strain on the electric grid, as residents battled the heat by cranking up the AC. But experts say grid pressure could get even worse this winter. Bloomberg’s Naureen Malik joins this episode to discuss whether America’s infrastructure can support an increasingly electrified economy—and what can be done to avoid mass blackouts in the coming months. Read more: America’s Biggest Power Source Wasn’t Built for Extreme Weather Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode originally aired in June 2023.See omnystudio.com/listener for privacy information.

Aug 30, 202328 min

TEAM FAVORITE: Chatbots And Deepfakes Are Coming For Your Election Cycle

We're taking a pause this week, so here's a favorite episode you might have missed. Thanks for listening. We'll be back with new episodes next week. As the saying goes: a lie gets halfway around the world before the truth has a chance to put its pants on. As AI is increasing productivity across industries, it’s also raising concern about how to regulate its output and keep it from putting many of us out of work. And as the next campaign season approaches, another question comes into focus: What about its potential to quickly create and spread misinformation about political rivals? Bloomberg’s Laura Davison and Emily Birnbaum raise the curtain on the little regulated and largely vexing ability to disseminate political hay and deepfakes via a chatbot. Read more: AI Is Making Politics Easier, Cheaper and More Dangerous Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode originally aired in July 2023.See omnystudio.com/listener for privacy information.

Aug 29, 202323 min

TEAM FAVORITE: How A Satellite Hack Became a Cybersecurity Wakeup Call

We're taking a break this week, so here's a favorite episode you might have missed. Thanks so much for listening. We'll be back with new episodes next week. People around the world rely on satellites for their internet connections, credit card transactions–and even to keep track of time. Last year, a suspected Russian-led satellite hack exposed how vulnerable they are to security breaches, from individual hackers seeking to pilfer information for profit and governments looking to weaken their adversaries. Bloomberg reporter Katrina Manson joins this episode to discuss the fallout of the hack, and what companies and governments are doing to harden their systems against future attacks. Plus, James Pavur, a hacker and Pentagon cybersecurity expert, walks us through how satellites are compromised, and what we can do to keep our own data from being stolen. Read more here: The Satellite Hack Everyone Is Finally Talking About. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected]. This episode originally aired in March 2023.See omnystudio.com/listener for privacy information.

Aug 28, 202332 min

Xi Jinping’s Economic Plan: Let China Struggle

China’s economic slowdown is catching the attention of countries around the world as they brace for a possible hit to their own economies. Bloomberg’s Rebecca Choong Wilkins and Tom Hancock discuss why President Xi Jinping is avoiding a big stimulus package and instead allowing China’s economy to run “cold”—and how long it may take to turn things around. Read more: Run It Cold: Why Xi Jinping Is Letting China’s Economy Flail Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 25, 202328 min

Why Is The US Dependent On Russian Uranium?

About half of the enriched uranium that nations around the world use for nuclear power comes from Russia. It supplies almost a quarter of America’s 92 nuclear reactors and dozens of other plants across Europe and Asia. The US is now trying to change that with a big push to build up its own capabilities. Bloomberg’s Jonathan Tirone and Will Wade join this episode to talk about what it will take for the US and its allies to free themselves from Russian uranium. Read more: The Manhattan Project to Wean the World Off Russian Uranium Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producer: Federica Romaniello, Associate Producer: Zaynab Siddiqui. Sound Design/Engineer: Gilda Garcia.See omnystudio.com/listener for privacy information.

Aug 24, 202324 min

Chris Christie's Anti-Trump Strategy: Act Like Trump

Donald Trump says he’ll be a no-show tonight at the first Republican debate of the 2024 US presidential campaign. Still, at least one of his rivals for the party nomination is expected to take square aim at the former president: Chris Christie. The former New Jersey governor who once supported Trump is now his loudest Republican critic. So far, his low ranking in the polls suggests that attacking the most popular man in the party is not the way to win over Republican voters. But does Christie really have his eye on the White House, or does he just hope to stop Trump from moving back in?Bloomberg Businessweek national correspondent Joshua Green has been following Christie on the campaign trail, and he joins this episode to answer the question on the minds of Republicans across the country: What does Chris Christie really want? Read more: Chris Christie Is Absolutely, Totally 100% Anti-Trump. For Now Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Michael Falero. Sound Design/Engineer: Gilda Garcia.See omnystudio.com/listener for privacy information.

Aug 23, 202326 min

The Latest AI Scams Look And Sound Just Like You

By now we’re familiar with the many ways hackers and scammers try to fool us into handing over our personal data–and our money. But the thieves keep getting more sophisticated. And now they have a powerful new tool at their disposal: artificial intelligence, which can mimic websites, financial documents and even our faces and voices. In this episode, Bloomberg’s Nabila Ahmed and Adam Haigh talk about the new wave of financial fraud that’s taking shape–and how banks and governments are racing to keep up. Read more: Deepfake Imposter Scams Are Driving a New Wave of Fraud Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 22, 202321 min

Massive Wind Turbines Are Rising From The Atlantic Ocean

America’s first major offshore wind farm in the Atlantic Ocean is now under construction 15 miles south of Nantucket, off the coast of Massachusetts. Once complete, the 800-megawatt project is expected to generate enough electricity to power 400,000 homes. But with inflation and rising interest rates stifling progress on some other wind projects, will the Biden administration reach its 2030 goal of generating 30 gigawatts of power from offshore turbines? Bloomberg’s Will Wade went out to see the Massachusetts project, and he joins this episode to explain the promise–and the problems–of erecting wind power on such a large scale. And Nick Schulz, a commercial diver working on the project, describes what it's like to build a massive turbine installation in deep water. Read more: Atlantic’s Biggest Offshore Wind Turbine to Rise Next Week in US Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 21, 202326 min

Are Tensions Easing Between The US And Iran?

The US and Iran recently announced a surprise agreement: Both nations will release prisoners, and the US will unfreeze billions of dollars in Iranian oil revenue. Bloomberg’s Courtney McBride joins this episode to discuss what we know about the terms of the deal, and what it suggests about the possibility of renewed negotiations over Iran’s nuclear program. Plus, Ali Vaez, Iran Project Director at the International Crisis Group, weighs in on what’s ahead for the Iran-US relationship. Read more: Iran Transfers US Citizens From Prison in Step Toward Deal Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 18, 202324 min

What’s Behind Washington’s Sudden Fascination With UAPs?

The recent congressional hearing on unidentified aerial phenomenon–also known as UAPs– gave a high-profile platform to what we used to call UFOs. But why now–and was this a substantive government inquiry or a summertime Washington diversion? Bloomberg’s Roxana Tiron and Megan Scully join this episode to make sense of the hearing and claims that UAPs may pose a threat to national security. And astronomer Seth Shostak gives his view of theories that some UAPs may be alien spacecraft. Read more: Close Encounters With UFOs Described to Congressional Committee Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 17, 202328 min

Trump Faces A Powerful Anti-Corruption Law In Georgia

Donald Trump was indicted on Monday for the fourth time since he left office. But this sweeping case, which zeroes in on Trump’s efforts to overturn the 2020 election in Georgia, is different from the other criminal cases brought against him in New York, Florida and Washington, DC. Most notably: the former president has been charged under racketeering laws often associated with efforts to prosecute mobsters. And some of Trump’s closest aides are also charged in the 41-count indictment, including his former lawyer Rudy Giuliani and former White House chief of staff Mark Meadows, along with 16 other people.Bloomberg’s Zoe Tillman and Erik Larson join this episode to talk about how the case will unfold from here–and why Trump will have a harder time securing a pardon–or avoiding prison–if he’s convicted. Read more: Trump’s Fourth Indictment: Five Ways Georgia Is Different Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 16, 202327 min

Avoiding War With China Is The Top Issue In Taiwan's Election

Taiwan’s current Vice President, ​​Lai Ching-te, leads the polls in the upcoming January presidential election. The winner will have a lot to contend with–and at the top of the list is how to keep the peace with China amid rising tensions. Bloomberg Businessweek editor Joel Weber sat down with Vice President Lai for several wide-ranging interviews in Taiwan. Joel and Taipei deputy bureau chief Cindy Wang join this episode to talk about the challenges the next president will face in preserving a democratic Taiwan, and public concerns about the possibility of military conflict with China. Read more: Taiwan’s Election Is All About War Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 14, 202335 min

Worrying About Money Is A Great Equalizer In America

You might think America’s top 10 percent would consider themselves rich – but a new Bloomberg survey finds that many of them don’t feel that way. Bloomberg’s Craig Giammona and Claire Ballentine join this episode to share what they learned when they asked people across the country a simple but not-so-simple question: How rich or poor do you feel today? Plus, Yale social psychologist Michael Kraus discusses how perceptions of wealth shape our well-being, sense of self and relationship to others. Read more: Miami to Austin, Where Your Paycheck Would Go Further Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 14, 202325 min

Big Take News Wrap: 2024. Drones In The Black Sea. A Bumpy Global Economy

Catch up on some of the week’s biggest stories from the US and across the globe. Bloomberg’s Marc Champion, Courtney McBride and Jordan Fabian join this episode to discuss the latest on the US presidential race and the coming Republican debates; rising tensions in the Black Sea; and the uneven global economic recovery. Plus, the stories they’ll be keeping a close eye on in the weeks ahead. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 11, 202328 min

A New Housing Development With A Firm Rule: No Cars Allowed

Real estate planners often think about how to reduce a project’s carbon footprint. A new apartment complex under construction in Arizona is taking that idea one step further. Culdesac Tempe is designed to be entirely car-free. And not just for the good of the climate but as a lifestyle choice for people who want to get rid of the hassle and expense of a car-centric existence. But will large numbers of people really choose to ditch their cars altogether? Bloomberg’s Ira Boudway went to Arizona to find out. Read more: This Development Wants Residents to Ditch Their Cars. In Phoenix. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 10, 202326 min

Tesla Owners Love Their Cars. They're Not That Into Elon Musk

When Tesla built the Model 3 — the first electric car for the masses — it was a breakthrough for the company and the start of a new chapter for the auto industry. A lot has changed since then, so Bloomberg rebooted a survey of 5,000 owners to ask how things held up. This time, their answers had a lot to do with the man behind the cars. Bloomberg’s Tom Randall shares some key takeaways from this new survey. Read more: Tesla Owners Have Soured on Elon Musk, But Still Love Their Model 3s Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 9, 202327 min

The US Lures Top Companies From Allies With 'Made In The USA' Push

The Inflation Reduction Act has given the US an edge in future manufacturing, with billions of dollars in incentives to lure battery plants and chip makers to the US. But it’s also led to tension with close allies that can’t match the amounts the US is offering companies. Bloomberg’s Brian Platt, Gabrielle Coppola and Enda Curran join this episode to talk about how this competition—and the race to keep up with China—is reshaping the global green economy. Read more: Subsidy Wars Heat Up With US Allies Forced to Pay Up or Lose Out Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 8, 202324 min

In Hollywood, Fears of AI Scripts Performed By AI Actors

Three months into the writers’ and actors’ strike, the role of artificial intelligence in Hollywood has emerged as a central issue in the dispute between studios and creatives. Bloomberg’s Lucas Shaw joins this episode to discuss how studios are already using AI—and why writers and actors are so concerned about what it means for their livelihoods. Read more: AI in Hollywood Has Gone From Contract Sticking Point to Existential Crisis Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 7, 202327 min

New Technology Is Here To Fight Climate Change. Will We Use It?

Despite global efforts to slow the effects of climate change, July was the hottest month on record in over 125,000 years. The good news is, powerful new technology not available just a few years ago can help turn things around, if we get serious about taking action. Bloomberg’s Eric Roston, Zahra Hirji and John Ainger join this episode to discuss what it will take—and how much it will cost—to stop the warming of the world. Read more: An Overheating Planet Requires Extreme Climate Solutions Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 4, 202327 min

Trump’s Back In Court On New Criminal Charges. Now What?

Donald Trump is expected to appear today in federal court in Washington, DC, where he faces criminal conspiracy charges that allege he interfered with the 2020 presidential election. It’s the third criminal case against the former president. Bloomberg’s Sara Forden and Zoe Tillman discuss what they’ll be watching for in the courtroom, as well as how Trump’s legal peril will shape his campaign in the weeks and months ahead. Read more: Trump Prepares for First Court Date in DC on New Federal Charges Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 3, 202330 min

Kevin McCarthy Gave Right Wing Members More Power. They're Using It

In early January, after a grueling 15 rounds of voting, House Speaker Kevin McCarthy negotiated some concessions with members of the far-right Freedom Caucus – more congressional power in exchange for their votes – to secure his speakership. McCarthy is now feeling the squeeze of their influence in several battles consuming the House. Bloomberg’s Megan Scully and Billy House join guest host Craig Gordon for a play-by-play of how the Freedom Caucus is exerting their brawn.Read more: McCarthy Ramps Up Talk of Potential Biden Impeachment Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 2, 202325 min

A ‘Great Reset’ Is Shifting How The World Trades

In what’s being hailed as a ‘Great Reset,' how the world does business looks very different now than it did before Covid. Bloomberg Markets magazine sent reporters all around the globe to see what the new order of global trade looks like on the ground. Bloomberg’s Brendan Murray, Malcolm Scott and Jenny Leonard join guest host Rosalind Mathieson to discuss what they found. Read more: War, AI and Climate Change Shake Up $32 Trillion in Global Trade Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Aug 1, 202328 min

The EU Is Leading The Charge On AI Regulation

The European Union became one of the first in the world to take wide-reaching action to regulate artificial intelligence when it passed a draft law in June. The proposal would put new guardrails around the use and development of artificial intelligence, including curbing the use of facial recognition software and increasing ChatGPT’s transparency. Bloomberg’s Jillian Deutsch joins guest host Rosalind Mathieson to talk about how the EU pulled ahead in the race to regulate AI, and why concerns are growing about AI being overregulated. Columbia Law School Professor Anu Bradford discusses what the global effect will be if this far-reaching regulatory framework is enacted into law. Read more: Big Tech Wants AI Regulation — So Long as Users Bear the Brunt Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 31, 202327 min

Biden Still Wants To Tackle Student Debt After The Supreme Court's Ruling

The Biden administration is preparing a new plan to cancel debt for some student loan borrowers, after the Supreme Court struck down its original attempt last month. Guest host Nancy Cook sits down with Democratic Senator Elizabeth Warren to ask how she’s advocating for the Biden administration’s plan B for student loan debt and why the issue has become such a hot button topic in Washington. Bloomberg’s Akayla Gardner forecasts what’s next as the political fight over student debt rages on. Read more: Biden Administration to Forgive $39 Billion in Student Debt Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Michael Falero. Sound Design/Engineer: Raphael Amsili.See omnystudio.com/listener for privacy information.

Jul 28, 202322 min

Giorgia Meloni Faces Big Tests On China, Russia And The EU Economy

Italian Prime Minister Giorgia Meloni came to power with a string of superlatives. She’s the country’s first female prime minister, and she’s brought in the most right-wing government in decades. Now, nine months into her term, she faces a series of tests: on China, the war in Ukraine and a looming EU recession. Bloomberg’s Chiara Albanese and Alessandra Migliaccio join guest host Rosalind Mathieson to talk about Meloni’s rise to power and where she plans to take Italy next. Read more: Giorgia Meloni Seeks to Cement Power by Remaking Corporate Italy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 27, 202327 min

There’s A Lot You Don’t Know About The US Space Force

The US Space Force, established in 2019, is the first new branch of the military to be created since 1947, and its mission is vast: defend US interests in space. But what exactly is the Space Force? And what does defending US interests in space mean or look like practically? As the nearly $900 billion defense spending bill winds its way through Congress, Wes went to the Pentagon to sit down with General David Thompson, the Vice Chief of Space Operations to learn what US interests in space are, and how the branch is developing. Bloomberg cybersecurity reporter Katrina Manson joins later to describe her visit to Space Command in Colorado and the importance of the US keeping a watch on its adversaries in zero gravity. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 26, 202338 min

US-Made Guns Are Fueling Global Shootings

American-made guns are pouring into countries all over the globe, even more so after the US made it easier to export guns in 2020. Even as America’s mass shootings horrify the world and gun-crime rates rise in many of the importing countries, the US government is playing a key role as the firearm industry’s booster and concierge. Bloomberg’s Michael Riley, David Kocieniewski and Patpicha Tanakasempipat join this episode to talk about one gunmaker, Sig Sauer. It has benefited the most from the push for more gun exports and has found a large customer base in Thailand. Read more: How the US Drives Gun Exports and Fuels Violence Around the World Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected]. Everytown for Gun Safety, which advocates gun-safety measures, is backed by Michael Bloomberg, founder and majority owner of Bloomberg News parent Bloomberg LP.See omnystudio.com/listener for privacy information.

Jul 25, 202333 min

Rhino Horn Poachers Are Forcing Rangers To Innovate

For years, park rangers in South Africa have tried to stop poachers who kill rhinos for their valuable horns. But it’s impossible to keep up–and rhinoceros populations have continued to fall. Bloomberg Businessweek contributor Jonathan Franklin reports that now, the rangers are taking a creative new approach to outmaneuver the poachers—and protect the animals. Read more: A Rhino Is Worth More Dead Than Alive Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 24, 202323 min

Big Take News Wrap: Biden. Trump. Ukraine. China

We’re trying something new today. Instead of bringing you just one important story, we’re rounding up some of the week’s biggest news from the US and across the globe. Bloomberg’s Nancy Cook, Craig Gordon and Rosalind Mathieson join this episode to discuss the latest from the 2024 campaign trail, the war in Ukraine and the high stakes talks between the US and China. Plus, they tell us what stories they’ll be keeping a close eye on in the weeks ahead. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 21, 202329 min

Have We Hit Peak Social Media?

Meta’s new Twitter-like social media platform called Threads is signing up users at a record pace. But will it last–and will it be a “Twitter killer”? Bloomberg Businessweek writer Max Chafkin is…skeptical. He says that after years of explosive growth, social media platforms like Twitter, Facebook and Instagram are facing big challenges. Many longtime users are spending less time each day scrolling through their feeds. Max joins this episode to talk about why people are putting down their phones and choosing to spend more time IRL. Read more: Threads, Twitter and the No-Attention Economy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Jul 20, 202332 min