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    Business

    Big Take

    The Big Take from Bloomberg News brings you inside what’s shaping the world’s economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

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    Copyright: 2024 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia

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    Latest Episodes:
    Elon, Inc: Elon's Bad Trip Jan 09, 2024
    Show notes

    We here at Big Take are big fans of our colleagues and friends over at the Elon, Inc podcast from Businessweek, hosted by David Papadopoulos. Please enjoy this episode, and hop on over to subscribe to their feed if you like what you hear!
    ----

    Were we talking about almost any other executive, the report by the Wall Street Journal over the weekend about Elon Musk’s alleged drug use would have qualified as a bombshell. The article contends the chief executive of SpaceX and Tesla has used a collection of substances. This, according to the Journal’s unidentified sources, has caused consternation within Musk’s companies, with Tesla board members and SpaceX executives privately expressing concerns that the alleged drug use may be making Musk unreliable and erratic.

    But it’s not clear that many people, either inside or outside Musk’s companies, are genuinely worried. Musk mostly laughed off the report, offering a jokey response suggesting that any drugs he was taking should be seen as performance enhancers and noting that he’d passed government-mandated drug tests “after that one puff on Rogan”—a reference to a 2018 interview with Joe Rogan during which he smoked marijuana. Investors have been largely unmoved by all of this, partly because during the period that Musk is alleged to have indulged in illicit substances, he also made them a great deal of money. And Musk has mostly gone back to his regular schedule of boosting conspiracy theories proffered by election deniers, white nationalists and other assorted right wing influencers.

    On this episode, we are joined by Loren Grush, a Bloomberg aerospace reporter and author of the NASA history, The Six, to discuss why these drug allegations haven’t hurt Musk and why a labor dispute involving SpaceX employees might be a bigger threat in the long run.

    See omnystudio.com/listener for privacy information.


    What the World's Top Financial Minds Are Predicting for 2024 Jan 08, 2024
    Show notes

    At the end of every year, Wall Street’s best and brightest release their predictions about where the economy is heading next. Markets reporter Sam Potter has pored through this year’s financial tea leaves – thousands of pages of them – and joined the show to share the most significant takeaways. Overall, there’s optimism about a “soft-ish” landing, disinflation, and continued consumer strength.

    But the consensus view has missed the markbefore, and 2024 will bring new unknowns, from interest rate changes to technological advances to global elections. We walk through the possibilities, and the stakes: What can we expect if Wall Street is right? And what happens if they’re wrong?

    Read more: Here’s (Almost) Everything Wall Street Expects in 2024

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://www.bloomberg.com/bigtake

    See omnystudio.com/listener for privacy information.


    Team Favorite: Taylor Swift Is A Pop Icon. And A Billionaire Jan 05, 2024
    Show notes

    We're taking a break this week, here's an episode you might have missed.

    Taylor Swift’s monumental success is due to her talent as a performer — as well as her business acumen. Bloomberg’s Devon Pendleton and Claire Ballentine join this episode to talk about how the pop star has taken ownership of her music, built a fiercely loyal fan base–and become a billionaire in the process.

    Read more: Taylor Swift Vaults to Billionaire Ranks With Blockbuster Eras Tour

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

    Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

    This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Michael Falero and Mo Barrow. Sound Design/Engineer: Gilda Garcia.

    See omnystudio.com/listener for privacy information.


    Team Favorite: You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off Jan 04, 2024
    Show notes

    We're taking a break this week, here's an episode you might have missed.

    Catalytic converters are a vital part of emissions reduction in gas-powered vehicles. But that’s not why they’ve been making headlines. Thieves across the US have been sawing them off cars because they contain precious metals like platinum, palladium and rhodium. Bloomberg Businessweek contributor Evan Ratliff is here to tell the tale of a $500 million catalytic converter theft ring—and how local police departments and federal law enforcement brought it down.

    Read more: How Cops Cracked a $500 Million Catalytic Converter Crime Ring

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

    Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

    This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers Michael Falero and Mo Barrow. Sound Design/Engineer: Raphael Amsili.

    See omnystudio.com/listener for privacy information.


    Team Favorite: The K-Pop Mogul Behind BTS Brings His Winning Formula To The US Jan 03, 2024
    Show notes

    We're taking a break this week, here's an episode you might have missed.

    Bloomberg’s Lucas Shaw and Sohee Kim join this episode to talk about Bang Si-Hyuk, South Korea’s enormously successful music mogul. The billionaire has built a K-pop empire with bands like BTS and New Jeans, and he’s now looking to expand on that model with a new, global act based in the US.

    Read more: The K-Pop Mogul Behind BTS Is Building the Next BTS

    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 bigtake@bloomberg.net.

    This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producer: Federica Romaniello, Associate Producer: Zaynab Siddiqui. Sound Design/Engineer: Raphael Amsili.

    See omnystudio.com/listener for privacy information.


    Team Favorite: Avoiding War With China Is The Top Issue In Taiwan's Election Jan 02, 2024
    Show notes

    We're taking a break this week, here's an episode you might have missed.

    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 the team? Reach us at bigtake@bloomberg.net.

    This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Michael Falero and Mo Barrow Sound Design/Engineer: Gilda Garcia.

    See omnystudio.com/listener for privacy information.


    Team Favorite : The Junk Food Industry Finds Its Next Sweet Spot: India Jan 01, 2024
    Show notes

    We're taking a break this week, here's an episode you might have missed.

    Bloomberg’s Pratik Parija and Kai Schultz join this episode to discuss why the packaged food and beverage industry has its sights set on India—and what that means for the health and wellbeing of the 1.4 billion people who live there.

    Read more: Junk Food's $30 Billion Opening Is India's Next Health Crisis

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

    Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

    This 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.


    Team Favorite: Mattel Bets Big On Barbie's Pink Carpet Debut Dec 29, 2023
    Show notes

    We're taking a break for the holidays, so here's an episode you might have missed.

    She’s been an astronaut, a scientist and the president of the United States. Now Barbie is a movie star. Bloomberg’s Kelly Gilblom joins this episode to talk about Mattel’s bet that the $100 million Barbie movie debuting July 21 — and the launch of the company’s entertainment division — will revive its biggest brand, reel in new fans and help it reclaim the No. 1 spot of global toymaker.

    Read more: Mattel's Risky Bet on a Feminist Barbie Movie Just Might Work

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

    Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

    This 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.


    Team Favorite: The Not So Easy Trick To Getting Rid of Rats (In Big Cities) Dec 28, 2023
    Show notes

    We're taking a break for the holidays, so here's an episode you might have missed.

    The number of rat-related complaints in American cities has spiked in recent years. In the most overrun cities – Chicago, Washington, DC and New York – officials are stepping up efforts to find and kill them. New York is going so far as to hire a rat czar in charge of stamping them out.

    Good luck with that. Cities have tried and failed for decades to control rats. So what can be done to contain the population of these rapidly reproducing rodents?

    To answer that question, Big Take podcast producers Kathryn Fink, Rebecca Chaisson and Sam Gebauer hit the streets with a rat control squad in Washington and rodentologist Dr. Bobby Corrigan in New York. We also speak with New York Sanitation Commissioner Jessica Tisch. The good news: we can bring rats under control. The bad news: human nature means we probably won’t.

    Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

    Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

    This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producer: Rebecca Chaisson, Associate Producer: Sam Gebauer. Sound Design/Engineer: Raphael Amsili.

    See omnystudio.com/listener for privacy information.


    Team Favorite: Why Is The US Dependent On Russian Uranium? Dec 27, 2023
    Show notes

    We're taking a break for the holidays, so here's an episode you might have missed.

    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 the team? Reach us at bigtake@bloomberg.net.
    This 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.


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