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Big Take

937 episodes — Page 19 of 19

When A Coal Mine Shuts Down, Locals Get The Shaft

As the US coal industry dwindles, big mining companies that once made a fortune are packing up–and leaving behind a staggering mess of destroyed land and poisoned water. So who’ll pay to clean it up? Bloomberg reporters Josh Saul and Zachary Mider spent time in coal country and join this episode to talk about the multi-billion-dollar game of pass the buck now playing out in Appalachia. Learn more about this story here: https://bloom.bg/3HKh2yQ 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.

Dec 19, 202229 min

20 Extra Tons of — Ahem — Cargo

In 2019, US officials seized a massive cargo ship called the MSC Gayane in the Port of Philadelphia. On board, they found containers filled with products of all kinds that the ship had picked up along its global route. They also discovered cargo that didn’t appear on the ship’s manifest—40,000 pounds of cocaine. Bloomberg investigative reporters Lauren Etter and Michael Riley join this episode to tell the wild story of how one of the world’s biggest cargo ships became an unofficial courier for a notorious European drug cartel. Learn more about this story here: https://bloom.bg/3Gaa7h4 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.

Dec 16, 202234 min

An Important Step Forward For #MeToo

This year saw some important advances for #MeToo. The US Congress passed two bills, now signed into law, that protect the rights of women who come forward to report sexual abuse in the workplace–and make it harder for companies to try to silence them. Two members of Congress who pushed that legislation through the House, Rep. Cheri Bustos and Rep. Lois Frankel, join this episode to explain the far-reaching consequences of the new laws. Then Fatima Goss Graves, president and CEO of the National Women’s Law Center, and Bloomberg’s Equality editor Rebecca Greenfield give a broader view of how much has changed in the five years since #MeToo went viral–and how much more needs to be done. Learn more about how companies in other countries are handling claims of sexism and racism: https://bloom.bg/3uRiW8Z Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK See omnystudio.com/listener for privacy information.

Dec 15, 202226 min

Meet The Most Fascinating People In The World

Well, some of them anyway. Each year, Businessweek’s Bloomberg 50 list introduces you to people in business, entertainment, finance, politics, science and technology whose work helped define the year. The 2022 list includes familiar names doing new things (Tom Cruise) and new names doing historic things (Tom Oxley, whose company invented an implant that lets users communicate with brain waves). Bloomberg 50 editor Bret Begun and a host of reporters join today's episode to share highlights from the list and talk about how the team made their picks. Learn more about this story here: https://bloom.bg/3YkHh4A 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.

Dec 14, 202224 min

Fentanyl Deaths Are Overwhelming Cities

While everyone was focused on Covid over the past few years, America’s decades-old opioid crisis entered a new deadly phase – largely because of one drug in particular: fentanyl. Potent, cheap and ubiquitous, it’s sometimes mixed by street dealers with other drugs including marijuana, cocaine and even adderall, creating a ‘cocktail’ that kills people who unwittingly buy it. Bloomberg reporters Emma Court, Linly Lin and Leonardo Nicoletti join this episode to talk about the consequences of fentanyl’s rise in cities around the country. And Helena Girouard, a health official in hard-hit Volusia County, Florida, gives an up-close look at the crisis there and how the local government is trying to bring it under control. Learn more about this story here: https://bloom.bg/3FM4llG 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.

Dec 13, 202229 min

Teen TikTok is More Complicated Than You Think

Bloomberg Investigative reporter Olivia Carville has spent months delving into TikTok, the hugely popular video social network. In November, she joined the podcast to talk about children who have died copying dangerous video challenges of the kind that can be seen on the app. Today, Olivia is back to talk about her latest story about TikTok for Bloomberg Businessweek. It follows the life of a 16-year-old girl from Florida whose provocative videos have won her millions of followers–and many detractors who say TikTok shouldn’t allow this kind of content from minors on the platform. Learn more about this story here: https://bloom.bg/3Ph6mJz Listen to the first conversation with Olivia about TikTok’s problem moderating the dangerous challenges HERE. 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.

Dec 12, 202233 min

Revolt of The Dairy Farmers

Our insatiable appetite for meat, eggs and cheese means there are billions of chickens, pigs and cows the world over. One consequence: animal agriculture is a leading contributor to greenhouse gas emissions and pollutants like ammonia and nitrogen. In Europe, governments are starting to crack down—demanding farms dramatically cut the size of their herds to meet environmental goals. Farmers are, to put it mildly, furious. Bloomberg reporter Diederik Baazil joins this episode from Amsterdam to talk about how farmer’s protests against the new rules are boiling over in the Netherlands. And Wes also catches up with reporter Agnieszka de Sousa, Bloomberg’s “food czar” based in London, for a look at how this problem has spread across Europe–and possible ways to fix it. Learn more about this story here: https://bloom.bg/3FgxSSL 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.

Dec 9, 202230 min

Ticketmaster v. Swifties

A group of Taylor Swift fans is suing Ticketmaster, the big live event ticket provider, after sales for her upcoming concert tour went haywire. It’s also drawn the attention of the US Justice Department. The government is investigating whether Ticketmaster is using its dominance in ticket sales to drive out competitors and drive up prices. And Ticketmaster isn’t the only big company in the government’s sights. The Biden administration has taken an activist stand against the consolidation of corporate power in tech and other industries.. Sara Forden, who leads Bloomberg’s coverage of corporate influence in Washington, and Leah Nylen, a reporter who writes about antitrust, join this episode to talk about Ticketmaster’s troubles– and a renewed push in Washington to rein in big companies. Learn more about this story here: https://bloom.bg/3P7Jtbm 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.

Dec 8, 202226 min

The Richest Family In the World

The secretive Al Nahyan family of Abu Dhabi has amassed a fortune of $300 billion–and they’re investing it around the globe, in everything from green energy and healthcare to Manchester City Football Club, SpaceX and Rihanna’s lingerie line. Bloomberg reporters Devon Pendleton, Ben Bartenstein and Nicolas Parasie join this episode to talk about the family’s global reach. Learn more about this story here: https://bloom.bg/3P3ChNz 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.

Dec 7, 202228 min

Heavy Sedation Saved People From Covid–At a High Price

In the early, scary days of the coronavirus pandemic, before vaccines, patients hospitalized with severe cases were often put on ventilators to keep them alive. That invasive treatment saved a lot of people. But the heavy sedation that sometimes went along with it has left many of them with debilitating side-effects. Doctors are now taking a hard look at how they’ve used sedation–and rewriting the rules for treating patients who require it. Dr. Wes Ely, a critical care physician with Vanderbilt University and a sedation expert, joins this episode to talk about the lessons he and his colleagues have learned from Covid. Jason Gale, a senior editor and biosecurity correspondent at Bloomberg who has reported extensively on the pandemic, also joins to tell the story of one woman whose life was saved, but may never be the same. Learn more about this story: https://bloom.bg/3VCOH1h 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.

Dec 6, 202225 min

Why A Plus One Matters in the US Senate

Democrats kept control of the US Senate in November’s midterm elections. So why is the political world so obsessed with who’ll win Tuesday’s Senate runoff election in Georgia between Democrat Raphael Warnock and Republican Herschel Walker? Bloomberg’s US politics editor Mario Parker, White House correspondent Nancy Cook and National editor Craig Gordon join Wes to answer that question–and explain how this single seat will determine the outcome of political battles heading into the 2024 presidential election.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.

Dec 5, 202228 min

Why China’s Citizens Have Had Enough of Covid Zero

Senior executive editor John Liu joins Wes from Beijing to talk about the protests happening across China, as anger at the government’s Covid Zero policy boils over. John walks through why and how the demonstrations began, what the government is doing to tamp them down and what he saw and heard on the streets. Learn more about this story: https://bloom.bg/3H5cVNt 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.

Dec 2, 202224 min

The UK’s Gambling Nightmare Is Heading to the US

Online gambling is enormously popular in the UK. Millions of people spend hours a day playing catchy games on their phones that keep them spinning–even when they’re losing big. No surprise that online gambling addiction is a serious issue.Now, some US states are loosening their gambling laws. And with it comes concerns that the problems gamblers in the UK are experiencing will soon play out on an even larger scale in America. Bloomberg reporters Gavin Finch and Harry Wilson join this episode to talk about the UK gambling boom, and what’s in store for the US. We also hear from Stewart Kenny, a co-founder of the gambling company Paddy Power, who walked away from the industry and is now one of its most vocal critics. Learn more about this story here: https://bloom.bg/3iq35LM 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.

Dec 1, 202227 min

Young Kids Love TikTok–and That’s a Serious Problem

A heads up: This episode is on a difficult subject and some of it isn’t easy to listen to. You might want to listen with headphones if children are nearby. In just a few short years, TikTok has become as ubiquitous as Instagram, Facebook and Twitter. The brief videos and fun dance challenges that TikTok’s one billion users post on its app often become viral sensations. But there’s a darker side to the platform, and one TikTok is having a hard time fixing. Young children who aren’t supposed to have full access to the app are finding ways around the company’s safeguards and logging on. When they do, they're exposed to some content that's not suitable for kids, including viral videos that challenge users to do dangerous things– sometimes, with tragic results. Bloomberg senior reporter Olivia Carville joins this episode to discuss her investigation of how kids are using TikTok–and what the company is doing about it. You can read Olivia’s full investigation here: https://bloom.bg/3isBcmo 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.

Nov 30, 202239 min

China Sets Up Shop Right Next Door to the US

As China seeks to grow its economy and increase its global influence, it’s lending billions of dollars to help governments around the world fund big, expensive projects that otherwise would be out of reach. In Asia, Africa–and, notably, in Latin America, next door to the US. That money could pay off politically, too, in the ongoing rivalry between Washington and Beijing. For a look at China’s global projects–and what its leaders hope to accomplish with them–Rebecca Choong Wilkins joins this episode. She’s a Bloomberg government reporter based in Hong Kong. We then talk with Jonathan Gilbert, a reporter based in Buenos Aires, who describes what happens when China comes calling with lots of cash. And Dan Ten Kate, who oversees Bloomberg’s government coverage in Asia, stops by to explain why the US has been so slow to respond to China’s advances in the region. Read more about this story: https://bloom.bg/3ijEYOS 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.

Nov 29, 202227 min

Be Honest– Do You Like Your Boss?

A good boss can make the difference between a job you love and one you can’t stand. Workers are more willing to suffer bad bosses when the job market is tight. But when they have choices–like now in the US–they’re quicker to demand better working conditions, or up and quit. One place taking notice of employee discontent: America’s business schools. Senior reporter Matthew Boyle joins this episode to talk about why top MBA programs are now teaching classes on how to be a better boss. Wes also talks to two recent MBA grads about how their experience changed the way they think about running a business–and treating employees. Learn more about this story here: https://bloom.bg/3Vv2mHk 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.

Nov 28, 202227 min

Just How ‘Green’ Are Green Bonds?

Green bonds are surging in popularity across the globe, as companies and governments want to show they’re investing in environmentally friendly projects–and people want to feel good about where they’re putting their money. The thing is, it’s not always easy to tell if a green bond is actually going toward a cleaner future–or if it’s mostly a marketing ploy. Aaron Rutkoff, Executive Editor at Bloomberg Green, joins this episode to spell out what green bonds are, how they work and how to tell the difference between what’s real and what’s hype. Wes also speaks to Hong-Kong based Bloomberg reporter Rebecca Choong Wilkins, who worked on a big story about the explosion of green bond spending in China. And producer Federica Romaniello takes us to a construction site in London to look at how green bonds are being used to fund a project to clean up the River Thames. Learn more about this story here: https://bloom.bg/3i6bRye 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] podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.See omnystudio.com/listener for privacy information.

Nov 23, 202226 min

Inside A Culture Clash At Apple

A growing number of workers at Apple Stores across the US believe the company they once loved to work for is changing–and they’re not happy about it. They say the famously low-key, no-pressure showcases for Apple’s products have turned into just another retail floor, where associates at some stores and technicians at the Genius Bar are expected to upsell customers–or encourage them to buy new devices instead of fixing their current ones. Apple retail workers at two stores have already voted to unionize, and others may follow. Josh Eidelson, Bloomberg’s senior labor reporter, joins this episode to look at the state of play for Apple workers who are frustrated with “Big Apple” and why some see the union drive as a way to persuade the company to return to its roots. Wes and Josh also zoom out to look at how Apple’s retail challenges are similar to those of other big-name US companies where workers have unionized, and how the bosses are pushing back. Learn more about this story here: https://bloom.bg/3V8usIs 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] podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.See omnystudio.com/listener for privacy information.

Nov 22, 202228 min

You Might Think Twice Before Buying Those New Jeans

Shein is one of the biggest fast-fashion brands in the world. Young women and girls film their “Shein hauls” for TikTok — showing off piles of trendy, cheap clothes they bought from the Chinese company. It’s on track this year for sales around $8 billion in the US alone. But a new investigation traces the origin of the cotton in some Shein clothing to the Xinjiang region of China, where the US and other Western nations say the Chinese government has imprisoned Uyghur Muslims and carried out a campaign of forced labor. Bloomberg senior writer Sheridan Prasso joins this episode to talk about her investigation–and about the downsides of the world’s demand for more and more cheap clothes. Ayesha Barenblat of Remake, a group that advocates for stronger ethics in the fashion industry, also comes on the podcast. She explains how to find out if your favorite clothing brands are acting responsibly–or cutting corners. Learn more about this story here: https://bloom.bg/3XjC24E 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.

Nov 21, 202223 min

The Tiny Nation Suddenly Swimming In Oil

What happens when a small country all of a sudden strikes it fantastically rich? The South American country of Guyana, is finding out in a big way. A nation of just 800,000 people, its economy centered on agriculture and mining–until 2015, when Exxon discovered a massive oil field beneath Guyana’s territorial waters.Now, Guyana is flush with oil riches. Monte Reel, a Bloomberg investigative reporter, joins this episode to tell the story of the unusual way the government plans to spend some of it– future-proofing the country from rising water that threatens its shores. But in 2015, Guyana — more specifically Exxon — struck oil. Billions and billions of barrels worth of oil. Now the country is going all in on its oil discovery — even as it navigates a warming planet. Monte Reel is an investigative reporter for Bloomberg and recently spent time in Guyana. He joins this episode to share how this small country is navigating this massive influx of oil money. Learn more about this story here: https://bloom.bg/3UMLv2P Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify. 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.

Nov 18, 202224 min

Virtually Reviving Ukraine’s Bombed Buildings

Russia’s military has targeted libraries and museums across Ukraine that housed irreplaceable books and documents and works of art. Now, with the help of advanced digital modeling and other technology, Ukrainians are documenting what’s been destroyed — and preserving what can be salvaged for future generations. This episode features Marc Champion, senior reporter for International Affairs at Bloomberg, who gives an up-close view of what’s happening in Ukraine now and where the war is headed. We also hear from Sergey Revenko, an architect in Kiev who constructs 3D digital models of destroyed cultural sites. And Bloomberg graphics reporters Marie Patino and Rachael Dottle tell us about an immersive interactive story they created that allows you to virtually walk through these buildings and see the war’s terrible toll. Learn more about this story here: https://bloom.bg/3OaQYOg 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.

Nov 17, 202226 min

How Inflation Ends: Painfully

High prices for just about everything are making us all suffer–and there’s no end in sight. Why is inflation hanging on for so long, and when will it finally let go? The answer is…complicated. Fortunately Tom Orlik, Bloomberg’s chief economist, is here to cut through the confusion. He joins Wes to explain what’s happening to the economy in the US and around the world, and where things are headed. Plus, Wes heads to the Rose Avenue Bakery in Washington DC to see firsthand how a small business is getting creative to stay afloat–and even thrive–during these chaotic times. Learn more about this story here: https://bloom.bg/3Uw5PW4 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.

Nov 16, 202226 min

We Name Hurricanes, Why Not Heat Waves?

We’re talking about heat in this episode. That might strike you as a bit odd, especially if you live in the northern hemisphere where summer’s long gone by now. But it’s easy to put out of your mind that the Earth is getting hotter in the winter, too. Extreme heat from climate change is now a major health threat that is sickening and killing more and more people. This has led some cities — just a handful of them so far — to do something pretty interesting. They’ve hired “heat officers,” and two of them join Wes to talk through what it means to make a living battling rising temperatures–and why it’s a year round job. Linda Poon with Bloomberg’s CityLab also joins Wes to explain why extreme heat has become top of mind, regardless of the season. Read more here: https://bloom.bg/3TGrKZk 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.

Nov 15, 202223 min

Small Gun Makers Are Testing The Limits Of Gun Control Laws

The US Supreme Court has ruled that Americans have a Second Amendment right to keep guns in their homes for self-defense and to carry them in public. But the Court has also been clear that the federal government and states can require background checks and place certain restrictions on who can buy guns and where they can be carried. States can also limit or outlaw certain firearms for public safety. In this episode, we look at how a rapidly growing number of small gunmakers are testing some of these restrictions–and finding a lucrative new market. Jason Grotto, an investigative reporter for Bloomberg, joins to talk about the popularity of guns by niche manufacturers. We also head to Denver to hear from Rob Pincus, a firearms safety instructor, former law enforcement officer and vocal gun rights advocate, who’s getting ready to bring his first gun to market. Learn more about this story here: https://www.bloomberg.com/graphics/2022-gun-manufacturing/ 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.

Nov 14, 202228 min

Where Does All Your Recycling Really Go?

Ever wonder what actually happens to all the plastic you dutifully toss in the recycling bin? Kit Chellel, an investigative reporter for Bloomberg, set out to answer that very question. And what he found out is…well we’re not gonna give it away. Then, Wes picks up with reporter Matthew Campbell, who went to see for himself where a lot of that plastic piles (and piles and piles) up.This episode also features Judith Enck, president of Beyond Plastics, who explains why it’s so hard to recycle this stuff. Learn more about this story here: https://bloom.bg/3tqqP4p 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.

Nov 11, 202225 min

The Mighty Mississippi Is Backed Up

The mighty Mississippi River cuts the United States essentially in half from Northern Minnesota all the way down to the Gulf of Mexico. It has a lot of history and romance around its waters, and is also one of America’s most important routes for commerce. More than 1 trillion pounds of goods travel down the river each year. But, as water levels have dropped significantly in key parts of the river, it’s stopped some ships cold. The river is now backed up with billions of dollars of corn, wheat, fertilizer and steel, waiting for water levels to rise again. What happens when one of the most important rivers in the world’s largest economy can’t keep a boat afloat? Michael Hirtzer, an agriculture reporter for Bloomberg in Chicago, joins this episode to answer that question. Wes also checks in with Captain E. Michael Bopp, a Mississippi River pilot and President of the Crescent River Port Pilot Association, and Clint Willson, Director of the LSU Center for River Studies,. for more on what it’s like to work on and study this critical river. Learn more about this story here: https://bloom.bg/3ToEljC 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.

Nov 10, 202227 min

The Tiny Lab Finding Poison In Your Pills

The US Food and Drug Administration is supposed to make sure the medications we take are effective–and safe. But when a small independent lab in Connecticut called Valisure started testing popular drugs and health products, it turned up some alarming results–including carcinogens and other dangerous substances. You might think the FDA would welcome this information. Not so fast. Bloomberg reporter Anna Edney joins this episode to talk about how Valisure’s findings have shined a light on serious flaws in the way medications are tested and approved. Valisure CEO David Light talks with Wes about how his lab identifies harmful substances in products, and how the FDA responded when he came forward with his lab’s findings. Then Dr. Diana Zuckerman, President of the National Center for Health Research, stops by to answer the question: Is the FDA too close to the companies it oversees? Learn more about this story here: https://bloom.bg/3EdVico Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK See omnystudio.com/listener for privacy information.

Nov 9, 202229 min

Choose One: Heat Your Home or Feed Your Family?

Here's a thought experiment. It's the middle of winter and you can't afford to pay for both heat and electricity. Which do you stop using first? The lights? The stove? The furnace? This is the real life choice people in the UK and parts of Europe will have to make this winter, and in the years ahead. Fallout from Russia’s invasion of Ukraine and other economic pressures have driven up the price of fuel for homes and businesses alike. Earlier this year, the UK braced for shortages and planned for possible rolling power outages. Governments across Europe have rolled out fuel price supports to try to keep millions of households from falling into what’s called “fuel poverty.” And the problem won’t stop there. People everywhere, including the US, will face rising prices and uncertainty as nations compete for affordable, reliable energy. To sort out what’s happening, Rachel Morison joins this episode. She leads Bloomberg’s energy coverage in the UK and across Europe. And Rosalind Mathieson, who oversees Bloomberg’s government coverage, stops in to look at the broader impact across the globe. 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.

Nov 8, 202226 min

US, EU Seized Russian Billionaires' Yachts. Then Came the Bill

Since Russia invaded Ukraine in February, the US and other Western nations have imposed economic sanctions on scores of Russian billionaires close to President Vladimir Putin. They’ve also gone after their assets–including the enormous yachts prized by billionaires the world over. But now comes the question: What will happen to them? Investigative Reporter Stephanie Baker joins this episode from London to share her reporting on big boats in legal limbo. Learn more about this story here: https://bloom.bg/3TbFfzQ 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.

Nov 7, 202228 min

The Copper You Need Is Stuck In A 30-Mile Traffic Jam

Here’s a random yet important fact: Copper is one of the very best conductors of electricity of all metals. And that matters, because as we move toward a world in which more and more things in our lives plug in or charge up–not just your phone, but electric vehicles, solar panels and wind turbines that will power the future–copper is in increasingly high demand. Worldwide, about 21 million metric tons of it are hauled up from the ground each year. And demand will soon double.Some of the richest reserves of copper are found in Southern Africa. But getting it from deep underground and trucking it thousands of miles to buyers can be a harrowing journey. Without more production or new mines, the world could be looking at shortages, and soaring prices for copper and the products that use it. Joining this episode are Santiago-based commodities reporter James Attwood, and Yvonne Yue Li, a metals and mining reporter in New York. They’ll explain what a coming copper shortage could mean for us all. Reporter Matthew Hill also stops by to describe his visit to a huge mine in Zambia, where he descended thousands of feet underground to see copper being blasted from the rock–and talked to the truckers who risk their safety bringing it to port. Learn more about this story here: https://bloom.bg/3fxYXrQ 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.

Nov 4, 202226 min

The Covid Vaccine Is Fueling A Race For All Kinds Of Cures

Messenger RNA technology made it possible for scientists and drugmakers to quickly develop a Covid-19 vaccine. Now, pharmaceutical companies are racing to use mRNA for other illnesses, including flu, cancer and rare genetic diseases. Dr. Drew Weissman, one of the researchers who pioneered the mRNA technology that led to the Covid vaccine, joins this episode to talk about his discovery, and the impact it will continue to have on the way patients are treated. Bloomberg’s biosecurity reporter Riley Griffin stops in to discuss Pfizer’s next phase of developing mRNA vaccines. And Bloomberg’s chief medical writer Robert Langreth forecasts how this technology could transform treatment for a variety of illnesses. Learn more about this story here: https://bloom.bg/3fm3Bt8 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.

Nov 3, 202226 min

Climate Change Is Already Wreaking Havoc On The COP27 Host

On November 6, leaders around the world will gather for the annual UN Climate Change conference, known this year as COP27. The aim: finding ways to slow the warming of the planet, before it’s too late. Take Egypt—it’s getting hotter at twice the pace of some other nations, and also happens to be the host of this year’s conference. If it continues to warm at its current rate, the country's crops will wither and the capital, Cairo, will become unlivable. What’s happening in Egypt right now is a glimpse into the future for the rest of us if governments don’t get serious about the climate. Bloomberg climate reporter Laura Millan Lombraña joins this episode from Madrid to walk us through what’s at stake as COP27 is set to begin–and give us the good and bad news about where the Earth’s climate is heading. And energy reporter Salma El Wardany joins from Cairo with perspective from the ground after talking with Egyptian farmers who fear for their futures. Learn more about this story here: https://bloom.bg/3DvW6YF 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.

Nov 2, 202226 min

The US Midterms Will Decide If the 2024 Election Can Be Stolen

The US is just a week away from the midterm elections, which will decide governors’ races in 36 states--and whether Democrats will keep their majority in the House of Representatives and the Senate. Some Republicans up for election, though, are still disputing the results of the last election. Taking their cue from former President Donald Trump, hundreds of GOP candidates falsely claim that Trump was the real winner in 2020 and that Joe Biden stole the election from him. In five key states where Trump tried and failed to overturn the results in 2020, Republican nominees for governor and other roles overseeing elections are pushing changes to election laws. If they succeed, it could be easier to dispute the outcome if Trump or another candidate tried to do that again in 2024, when the White House is next at stake. To measure how sound the US election system is, Bloomberg created an “Election Risk Index” that assesses how vulnerable states are to political election interference not just in 2022, but in the years ahead. Ryan Teague Beckwith, one of the reporters on the project, joins this episode to talk through the potential risk these candidates pose, especially for the 2024 presidential election. And US politics editor Mario Parker gives the latest on key races.See omnystudio.com/listener for privacy information.

Nov 1, 202229 min

What Happens if the Supreme Court Kicks Affirmative Action Off Campus?

For decades, colleges and universities across the US have promoted the value of having a diverse student body on campus. The Supreme Court could soon change that. On Oct. 31, the justices will consider two challenges to affirmative action in college admissions, and if they choose to strike it down, there will be enormous repercussions for who gets into the nation’s top schools — and who doesn’t. So what will college campuses look like in an America without affirmative action? And are there other ways for admissions officers to work around a potential ban on the practice? Bloomberg Senior Reporter Greg Stohr joins with insights on what we can expect from the Supreme Court, and Equality Reporter Kelsey Butler explains how colleges around the country are bracing for massive disruption. Learn more about this story here: https://bloom.bg/3SO4b0m 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.

Oct 31, 202228 min

Clash of the Streaming Titans

Remember when everyone loved to complain how there were 150 channels on TV and nothing good to watch? It’s pretty hard to say that now. There are so many good shows being made. Our new complaint: how hard it is to watch all those great shows, especially when they’re spread across so many streaming services—and most of them you have to pay for. How did we get here? Bloomberg media reporter Felix Gillette has answers. He’s the co-author of the upcoming book It's Not TV: The Spectacular Rise, Revolution, and Future of HBO.Felix joins this episode to break down why TV has never been better–and yet has never been more frustrating to watch. Bloomberg’s entertainment reporter Lucas Shaw also stops in to explain how this shift has changed the way Hollywood decides which shows get made--and which ones don't.Read the Book excerpt here: https://bloom.bg/3SI08CA 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.

Oct 28, 202229 min

The US Middle Class Is Doing Fine. Why Are They So Worried?

Hello and welcome to The Big Take Podcast! Today: The good news, and not so good news, about the US middle class. With inflation rising, the stock market ping-ponging and housing prices softening, that broad swath of Americans who form the backbone of the US economy are getting hit on all sides. Bloomberg reporters Shawn Donnan, Alex Tanzi, Claire Ballentine and Airielle Lowe teamed up to take a look at how middle-income Americans are doing. The answer: Not so badly, actually–at least on paper. Even so, they’re worried about what’s next for them. And they have good reason to be. Shawn sits down with Wes to share the results from their exclusive polling and what these precarious economic times mean for the fortunes of working Americans. Learn more about this story here: https://bloom.bg/3faCxwM 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.

Oct 27, 202229 min

Introducing: The Big Take

Each weekday, The Big Take brings you one story—one big, important story that impacts your life. Host Wes Kosova talks to Bloomberg journalists around the world, experts in their fields and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take. And we do it in plain English. The Big Take features the best of Bloomberg's in-depth, original reporting from around the globe. Listen each weekday starting on Oct. 27. Learn more about The Big Take www.bloomberg.com/bigtake and subscribe to our daily newsletter https://bloom.bg/3rBmR9g.See omnystudio.com/listener for privacy information.

Oct 19, 20222 min