Bloomberg Surveillance
Bloomberg Surveillance TV: August 15, 2024
Aug 15, 2024
Tom Steyer, co-founder of Galvanize Climate Solutions, discusses the excitement within the Democratic donor class regarding Vice President Harris's economic and climate initiatives. Harry Sommer, CEO of Norwegian Cruise Line Holdings, outlines the company's innovative strategies to reshape travel trends in the cruise industry. Meanwhile, Tom Porcelli, Chief US Economist at PGIM, analyzes key data points like jobless claims and retail sales, shedding light on their implications for Federal Reserve policies and the broader economy.
20:28
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Quick takeaways
- The collaboration model seen in Lenovo's membership program illustrates how small businesses can leverage external expertise to foster growth and innovation.
- The cruise industry's resilience amid economic fluctuations highlights consumer confidence in travel, as demonstrated by Norwegian Cruise Line's stable outlook and long booking lead times.
Deep dives
The Role of Partnerships in Business Success
Successful businesses often thrive by collaborating with individuals who possess different skills or expertise. This concept is illustrated by Lenovo's free Lenovo Pro membership program, designed to assist small businesses lacking technical knowledge. By integrating Lenovo's resources into their operations, these businesses gain access to tech support and tools that enhance their capabilities without additional costs. Such partnerships enable companies to leverage external knowledge and resources, fostering growth and innovation in areas where they may lack competence.
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