Bloomberg Businessweek

Bloomberg Businessweek Podcast

Carol Massar and Jason Kelly bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bank Earnings Continue, Investing in High Yield Bonds, Netflix Raises Prices, May Faces No Confidence
Ken Leon, Global Director of Equity Research at CFRA, shares his thoughts on quarterly earnings from JPMorgan and Wells Fargo.John McClain, Portfolio Manager at Diamond Hill Capital Management, discusses investing in high yield bonds, he says the Fed is not in the business of suppressing markets. Geetha Ranganathan, Bloomberg Intelligence Media Analyst, talks about Netflix raising its U.S. prices for the first time since 2017. Bloomberg Editor-In-Chief John Micklethwait discusses U.K. Prime Minister Theresa...

PG&E Plans for Bankruptcy, M&A That Makes Sense, Citigroup Leads Bank Earnings
Mark Chediak, Bloomberg News Energy Reporter, discusses PG&E planning to file for bankruptcy as California’s largest utility faces potential liabilities of $30 billion or more from deadly wildfires. Scott Rostan, President at Training The Street, shares his outlook for M&A activity, he says mergers and acquisitions will continue specifically for strategic reasons.  Anton Schutz, President and CIO at Mendon Capital Advisors, breaks down the start of earnings season for banks.Zach Mider, Bloomberg News Projec...

GM Defies Doom With Earnings Surprise, Fortnite Teaching Globalization, A Very Public Offering
David Welch, Bloomberg News Detroit Bureau Chief, and Garrett Nelson, Senior Equity Research Analyst at CFRA, discuss General Motors defying downbeat earnings expectations, fueling a rebound for its battered shares. Bloomberg News Trade Reporter Shawn Donnan shares his story from Businessweek Magazine on how multiplayer video games are true economic exchanges. Stephan Paternot, Author of "A Very Public Offering”, talks about his role in creating the first internet revolution. And We Drive to the Close of Ma...


Future of Digital Advice, Retailers Retreat, China’s ‘Weak’ Economy, CEO’s Facing Reckoning
Rob Foregger, Founder of Next Capital, explains how technology is impacting traditional investing. Matthew Boyle, Bloomberg News U.S. Retail Reporter, and Poonam Goyal, Bloomberg Intelligence Senior Retail Analyst, break down retailers struggling following holiday sales results. Don Straszheim, Senior Managing Director and Head of China Research at Evercore ISI, discusses U.S. China trade relations and the Chinese economy. Bloomberg Stocks Editor Dave Wilson's has his "Chart of the Day"on why frontier-marke...

Fed Says Timing of Hikes Less Clear, Voice Communication Coming for Drivers, PayPal Profile
Bloomberg News Global Economics and Policy Editor Kathleen Hays and Bloomberg Stocks Editor Dave Wilson discuss the minutes of the Federal Reserve’s December meeting which revealed policy makers took a more cautious approach to further rate increases than their statement indicated. Sanjay Dhawan, CTO at Harman, talks about connected car innovations announced at CES. Drake Bennett, Bloomberg Projects & Investigations Reporter, shares his story in Businessweek Magazine on how PayPal CEO Dan Schulman kept the ...

IBM’s Rometty Talks AI, Lampert Gets Another Shot to Save Sears, Investing in SPAAM Stocks
Bloomberg TV's Emily Chang speaks to IBM CEO Ginni Rometty about artificial intelligence and the impact of trade tariffs, followed by a recap from Bloomberg Intelligence Senior Software Analyst Anurag Rana. Eliza Ronalds-Hannon, Bloomberg News Distressed Credit Reporter, and Lauren Coleman-Lochner, Bloomberg News Corporate Finance Reporter, explain how Eddie Lampert will get another shot at keeping Sears Holdings from liquidation. David Mastrangelo, Managing Director at KeyBanc Capital Markets, discusses in...


Not All Bad News for Hedge Funds, Housing Bear Sees Trouble for 2019, ‘Billions’ Lawsuit
Hema Parma, Bloomberg News Investing Reporter, explains how as the dust settles on a difficult year for hedge funds, some managers escaped the wreckage and even thrived. Prashant Gopal, Bloomberg News Real Estate Reporter, discusses James Stack, who predicted the 2008 real estate crash and nailed last year’s housing slowdown with uncanny timing, who says housing could be heading for its worst year since the last housing crash. Simone Foxman, Bloomberg News Wealth Reporter, breaks down a therapist’s lawsuit ...

December Jobs Report Surprise, Markets Face `Trump Slump’, Millennials and Real Estate
Chris Lu, Former Deputy Secretary of Labor, and Josh Wright, Chief Economist at iCIMS, discuss U.S. employers adding 312,000 jobs in December, easily topping all forecasts. Peter Coy, Bloomberg Businessweek Economics Editor, shares his story from Businessweek Magazine on whether President Trump is to blame for the on the market selloff. Dottie Herman, CEO at Douglas Elliman, takes a look at millennials continuing to buy real estate, despite rising mortgage rates. And We Drive to the Close of Markets with Sc...

Apple’s First Cut in Decades, Bristol-Myers Squibb to Buy Celgene, NRA’s Push Abroad
Gene Munster, Co-Founder at Loup Ventures discusses why he is still positive on Apple after the company cut its revenue outlook for the first time in almost two decades. Brian Skorney, Biotech Analyst at Baird, breaks down Bristol-Myers Squibb’s $74 billion acquisition of drug maker Celgene. Neil Weinberg, Bloomberg News Senior Projects & Investigations Reporter, shares his story in Businessweek Magazine about the NRA pushing their pro-gun agenda abroad. Vinny Catalano, CIO at Redmount Capital Partners, tal...


`Robust’ Holiday for Retail, Being Choosy Within Tech, Katzenberg’s Quick Bites, SaaS Investing
Tom McGee, President & CEO of the ICSC, explains how he is seeing a renaissance in retail shopping this holiday season. Dan Morgan, Senior Portfolio Manager at Synovus Trust, discusses what areas of the tech sector will still be viable for investors in 2019. Lizette Chapman, Bloomberg News VC Reporter, shares news about DreamWorks co-founder Jeffrey Katzenberg’s plan to create a library of polished, Game of Thrones-quality short-form video shows for mobile phones called Quibi. David Spitz, Managing Director...

Cash-Advance Firms Using Intimidation Tactics, ETF Investing, Going Public in 2019
Zach Mider, Bloomberg News Projects and Investigations Reporter, tells the story of how the unregulated cash-advance industry is reviving collection tactics of a bygone era. Ed Rosenberg, Head of Exchange Traded Funds at American Century Investments, explains why investing in ETFs is a good idea in a volatile market. Eric Gordon, Business Professor at the University of Michigan, talks about how market volatility will impact initial public offerings in 2019. And we wrap up the day’s trading with Bloomberg Ne...

The Fed Raises Rates, Trims Forecast for Hikes in 2019
The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019. We break down the news and market reaction with Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Frances Donald, Senior Economist at Manulife Asset Management, Jeffrey Cleveland Chief Economist at Payden & Rygel, Steve Blitz...


Giving While Living, How ESG Investing Lost Its Way, Activists’ Busy 2018, Druckenmiller Speaks
Thomas Tierney, Chairman and Co-founder of The Bridgespan Group, discusses challenges in ultra-wealthy charitable giving. Rachel Evans, Bloomberg News Cross Asset Reporter, talks about her story for Businessweek Magazine on how environmental, social, and governance funds that promise to align your money with your values are often more marketing than science. Bloomberg News Deals Reporter Scott Deveau explains that number of companies targeted by shareholder activists hit an all-time high in 2018. Erik Schat...

Investing in Impact, Could Fed Return to Normal, Bitcoin Value `Joke’, Chart of the Day
Ken Mehlman, Head of Global Public Affairs at KKR, discusses using investing to help the world. Frank Sorrentino, CEO at ConnectOne Bank, breaks down his thoughts on Fed leaders wanting to return rates to neutral. Matt Winkler, Bloomberg News Editor-in-Chief Emeritus, explains how the cryptocurrency boom found value where there wasn’t any. Bloomberg Stocks Editor Dave Wilson has his "Chart of the Day", he says falling S&P 500 valuation has bear-market look. And we Drive to the Close of Markets with Oliver P...

J&J Falls on Asbestos Report, Emotions in the Markets, Ohio Governor John Kasich
Bailey Lipschultz, Bloomberg News Equities Reporter, breaks down Johnson & Johnson’s stock drop in Friday’s trading after a Reuters report said the company knew for decades that asbestos was sometimes present in its baby powder. Tom Stringfellow, Chief Investment Officer at Frost Investment Advisors, explains why headlines determine the mood of investors. John Kasich, Republican Governor of Ohio, says he’s doesn’t know what President Trump is talking about with regard to GM closing a plant in his state. Tom...


Ivascyn Sees Risks for 2019, Looking for ‘Right Names’ in Stocks, Titans ‘Confused’
Bloomberg Markets Co-Host Lisa Abramowicz, breaks down her interview with Dan Ivascyn, Chief Investment Officer of PIMCO, who sees  ongoing volatility. George Young, Portfolio Manager at Villere Funds, discusses investing in small and mid-cap stocks. Steve Kroll, Managing Director at Monness Crespi Hardt & Co., shares investment ideas from the latest "Titans Dinner.” Max Chafkin, Bloomberg Businessweek Features Editor, talks about the Businessweek Magazine story on how the Bitcoin dream has turned into a ni...

Universities Cashing in on Donor-Advised Funds, Fed Forecast, China May Change Tech Plan
Janet Lorin, Bloomberg News Endowments Reporter, discusses her story in Businessweek Magazine about elite universities cashing in on the popularity of donor-advised funds by inviting big givers to have their money managed by the same high-powered investors who oversee their endowments. Bryce Doty, Senior Portfolio Manager at SIT Fixed Income Advisors, breaks down his outlook for Fed policy and bonds. Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, and Jamie Metzl, Senior Fellow at the Atlan...

Google CEO Rebuts Claims of Bias, Novogratz All-In on Bitcoin, Global Business School Rankings
Gerrit De Vynck, Bloomberg News Tech Reporter, discusses Google Chief Executive Officer Sundar Pichai facing lawmakers in Congress over privacy concerns. Erik Schatzker, Bloomberg News Editor-at-Large, explains why legendary trader Mike Novogratz still backs Bitcoin despite losing a fortune. Kevin Miller, CEO at E-Valuator Funds, explains how “headline items” are impacting markets. Bloomberg News Senior Editor Caleb Solomon breaks down Businessweek Magazine's ranking of the best business schools around the ...


Brexit Deal Delayed, Marijuana ETF, ‘Impossible’ Growing in U.S., Holiday Gift Guide
John Authers, Bloomberg Markets Senior Editor, discusses U.K. prime minister Theresa May announcing she will defer a Brexit vote and return to Brussels to seek “assurances” from European Union leaders. Jason Wilson, President of Budding Equity Asset Management, talks about investing in marijuana through an exchange traded fund. David Lee, COO and CFO at Impossible Foods, explains growing restaurant interest in their plant based meat product which is available in about 5,000 U.S. locations. James Gaddy, Bloo...

Bonus: An Interview With Jean Case
WMD's. Not weapons of mass destruction but women, millennials and diversity. Jean Case, Case Foundation CEO, says it's an economic and innovation imperative to focus on such communities left on the sidelines of responsible investment. Ramy Inocencio sits down with the philanthropist on the sidelines of Bloomberg's inaugural Global Responsible Investing Forum in New York to discuss financial and social returns, the need to find companies that align with your values and the rise of impact investing in Asia....

Europe Facing Key Risks, Vortex of Volatility, November Jobs, VC Outlook for 2019
Valerio De Molli, Managing Partner and Chief Executive Officer of The European House – Ambrosetti, and Peter Coy, Bloomberg Businessweek Economics Edit, discuss challenges in Europe including the Brexit deal and German leadership transition. Steve Blitz, Chief U.S. Economist at TS Lombard, breaks down the November employment report and outlook for Fed policy. Paul Aversano, Managing Director at Alvarez & Marsal, talks about the many variables impacting the markets. Jeff Grabow, U.S. Venture Capital Leader a...


Bonus: An Interview With Jose Minaya
On Monday, Bloomberg kicked off New York’s first-ever Sustainable Finance Week, with the goal of helping investors realize returns while investing in sustainable practices. Nuveen President and CIO Jose Minaya, who helps oversee nearly a trillion dollars in AUM, sat down with Bloomberg's Ramy Inocencio to discuss sustainability in both the U.S. and APAC nations. He also touches on how geopolitics are effecting markets and the possibility of a coming recession....

Huawei’s CFO Arrested, Tony Beachfront Strip Eligible for Poor-Area Tax Perks, Women of Worth
Josh Wingrove, Bloomberg News Canada Economy and Politics Reporter, and Shira Ovide, Bloomberg Opinion Tech Columnist, talk about the tech and trade impact of the arrest of Huawei’s CFO on potential violations of U.S. sanctions on Iran. Caleb Melby, Bloomberg News Financial Investigations Reporter, explains his story from Businessweek Magazine on how the Kushner family is receiving a tax perk through so-called "Opportunity Zones." Mora Neilson, VP of Brand Communications & Strategic Initiatives at L’Oréal P...

Remembering George H.W. Bush, Silicon Valley Bracing for Trade War, Higher Market in 2019
Chris Lu, Former U.S. Deputy Secretary of Labor, discusses the legacy of George H.W. Bush's and how Washington has changed since the days of his presidency. Tom Giles, Bloomberg Technology Executive Editor, explains why a trade war may still be coming for the tech industry. Jeff Saut, Chief Investment Strategist at Raymond James, explains why he still believes we’re in a secular bull market. Gabriel Grego, Managing Partner at Quintessential Capital Management, discusses why he is shorting the stock of Canad...


Hedge Fund Dream Ends, Disrupting Group Travel, Apple’s Aggressive Marketing
Peggy Collins, Bloomberg News Investing Team Leader, discusses how fewer firms, passive investing, and less research mean fewer hedge fund “dream jobs.” Jay Roberts, CEO of Domio, explains the tech-enabled hospitality company that is reinventing alternative lodging.Mark Gurman, Bloomberg News Tech Reporter, and Shira Ovide, Bloomberg Opinion Technology Columnist, break down Apple's marketing shift to boost iPhone sales. Peter Gourdine, President at Home Court Capital, talks about the sports startup that use...

Redefining Responsible Investing, Using Data to Enhance Deal Process, Trump Trade Truce
Vijay Advani, CEO at Nuveen, explains why more investors are demanding responsible investing. Jim McVeigh, CEO at Cyndx, discusses providing data to connect the right transaction to right investor. Shawn Donnan, Bloomberg News Senior Trade Reporter and Rui Zhong, Program Assistant at The Wilson Center, break down the U.S. and China agreeing to a temporary trade truce. Katia Porzecanski, Bloomberg News Investing Reporter, shares how Wall Street men are afraid to interact with women in certain situations over...

New Tariffs Loom Over G-20, Two Booming Beer Brands, True Potential of Blockchain
Bloomberg News White House Editor Alex Wayne, discusses President Trump’s interactions at the G-20 summit and whether a trade deal with China will happen. Craig Giammona, Bloomberg News Consumer Reporter, explains how Michelob Ultra and Modelo Especial are bucking the trend of a sluggish U.S. beer market. Kevin Werbach, Professor at Wharton, talks about his book “The Blockchain and the New Architecture of Trust.” Varun Jain, Senior Investment Manager at Qualcomm Ventures, shares the firm’s plans to invest u...


Going Beyond the Hotel Room, Possible G-20 Trade Deal, AI and Your Job, Health is New Wealth
Ian Schrager, Founder and Chairman of the Ian Schrager Company, talks about the luxury hotel and hospitality business and using public spaces for experiences. Shawn Donnan, Bloomberg News Trade Reporter, discusses the possibility of Presidents Trump and Xi working out a U.S.-China trade deal at the G-20 summit. Robert Bell, Co-Founder of the Intelligent Community Forum, explains how artificial intelligence is impacting employment. Harvey Spevak, Executive Chairman at Equinox, discusses fitness as a lifestyl...

Broadcasting from The Bloomberg Year Ahead
Mindy Grossman, CEO at WW, discusses brands with purpose. Antoine Drean, Chairman of Triago and Founder of Palico, breaks down the state of private equity invetsing. Dirk Van De Put, CEO at Mondelez, explains growth in the snack food business. Don Cornwell, Partner at PJT Partners, talks about the explosion of E-Sports. Jon Gray, President and COO of The Blackstone Group, shares his thoughts on investing in the year ahead. Andy Byford, President of the New York City Transit Authority, addresses safety and r...

Most Lucrative Job in NYC Government, Riding Out Volatility with High Yield, The Columbus Way
Zeke Faux, Bloomberg News Finance Reporter, describes a New York City Marshall who is working as a debt collector for predatory lenders. Bill Zox, Chief Investment Officer at Diamond Hill Capital Markets, discusses how fixed-income fits into a portfolio in light of recent volatility. Columbus, Ohio Mayor Andrew Ginther and Kenny McDonald, President and Chief Economic Officer at Columbus 2020, talk about the growth of the city and attracting entrepreneurs. Jen Redding, Senior Analyst at Wedbush Securities, b...


Oil Prices Stabilize, Designing New Cars with VR, Record Breaking Ecommerce Weekend
Jessica Summers, Bloomberg News Oil Trading Reporter, talks about the recent ups and downs in the oil market. Tim McDonough, Head of Automotive Business at Unity Technologies, discusses using virtual reality to improve how cars are designed, built and sold. Marissa Tarleton, Retail Analyst and CMO at RetailMeNot, breaks down the online shopping between Black Friday and Cyber Monday. Attorney Ken Feinberg explains overseeing a $20 million fund for laid-off Toys R Us workers. And we Drive to the Close of mark...

Banks Face Risks Lending to GE, Cost of 12 Days of Christmas Goes Up, ‘New Collar’ Jobs
Yalman Onaran, Bloomberg News Senior Finance Writer, discusses how the five biggest Wall Street firms have committed to lending at least $3.5 billion each to General Electric and are facing concerns about the sustainability of its debt. Amanda Agati, Co-Chief Investment Strategist at PNC, breaks down their 2018 Christmas Price Index which predicts the cost of purchasing all the items from the classic 12 Days of Christmas song. Kelli Jordan, Talent Leader at IBM, explains the company’s efforts to close the h...

Target Leads Retail Retreat, Combatting AI Bias, Poker Aces Play Key Hand in ETF Market
Matthew Boyle, Bloomberg News U.S. Retail Reporter, and Jennifer Bartashus, Bloomberg Intelligence Senior Retail Analyst, discuss why Target and the rest of the retail sector are in a pre-holiday funk. Dr. Rebecca Parsons, Chief Technology Officer at ThoughtWorks, talks about addressing bias embedded in artificial intelligence technology. Austin Carr, Bloomberg News Tech Reporter, discusses his story in Businessweek Magazine on Tesla’s solar panel Gigafactory2 that Elon Musk has never seen. Annie Massa, Blo...


Broadcasting from the 9/11 Memorial & Museum Summit on Security
Alice Greenwald, President & CEO of 9/11 Memorial and Museum, and Frank Bisignano, Chairman & CEO of First Data, discuss the importance of the Summit on Security. Retired U.S. Army General Keith Alexander, President & CEO of IronNet Cybersecurity, explains how industries and the government can work together to be better prepared for cyber hacks. Richard Falkenrath, Chief Security Officer at Bridgewater Associates, shares his thoughts on the September 11th terrorist attacks and how defensive technologies are...

Regulators Could Save PG&E, Sonos’ First Public Report, Nvidia Adds to Chip Gloom
Mark Chediak, Bloomberg News Energy Reporter, discusses PG&E shares soaring after the head of California’s Public Utilities Commission said he can’t imagine allowing the company to go bankrupt as it faces billions of dollars in potential liability from deadly wildfires. Patrick Spence, CEO at Sonos, breaks down the company’s first quarterly earnings report since going public. Ryan Vlastelica, Bloomberg News Equities Reporter, and Ian King, Bloomberg News U.S. Semiconductor Reporter, talk about the carnage i...

Millennials’ Tiny Turkeys, J.C. Penney Sales Slide, Uber, Lyft, Slack Done Waiting to Go Public
Leslie Patton, Bloomberg News Consumer Reporter, explains how Millennials are disrupting Thanksgiving with tiny turkeys. Hema Parmar, Bloomberg News Retail Reporter, breaks down an unexpected drop in J.C. Penney earnings. Alex Barinka, Bloomberg News Deals Reporter, discusses a likely record-breaking lineup of 2019 tech IPO listings. Molly Smith, Bloomberg News Corporate Finance Reporter, discusses investors watching for the next debt-laden company headed for junk. And we Drive to the Close of the markets w...


Broadcasting from Bloomberg Government NEXT 2018
Minh Le, CEO at CityLink.AI, discusses integrating connected technology into communities. Daniel Wagner, CEO at Country Risk Solutions, talks about whether the benefits of artificial intelligence outweigh anxieties.Diana Cooper, Senior VP of Policy and Strategy at PrecisionHawk, explains how industries are being revolutionized by drones. Dr. Aleksandra Mojsilovic, Head of AI Foundations at IBM, discusses applying AI technology with human intelligence. And we Drive to the Close of the markets with Andrew Sli...