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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.
Episodes
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Oct 18, 2024 • 14min
What Happens When Your School Thinks AI Helped You Cheat
Jackie Davalos, a tech reporter from Bloomberg, and Moira Olmsted, an aspiring teacher who faced academic penalties due to false cheating accusations, discuss the AI crisis in education. They dive into the challenges posed by AI detection tools, revealing that even genuine student work can be flagged incorrectly, particularly impacting neurodivergent learners. Moira shares her personal battle against these misconceptions while Jackie sheds light on how educators are grappling with the balance of integrating technology responsibly. The conversation reveals the urgent need for understanding in a constantly evolving educational landscape.

Oct 17, 2024 • 14min
How Courts Are Already Shaping the 2024 US Election
Zoe Tillman, a Bloomberg reporter known for her expertise at the intersection of law and politics, dives into the tidal wave of over 165 lawsuits poised to impact the 2024 presidential election. She discusses how these legal battles, especially in swing states, will influence voter eligibility and the complexities of vote counting. The conversation highlights rising concerns about public trust in the electoral system as courts play an increasingly significant role in shaping electoral processes.

Oct 16, 2024 • 26min
Bloomberg’s Trump Interview: Inside His Economic Vision for a Second Term
Donald Trump, the former President of the United States, discusses his economic vision as the election approaches. He defends tariffs as protective measures for domestic industries and shares tax policy changes aimed at stimulating growth. Trump emphasizes the importance of the Federal Reserve and critiques past trade deals, particularly with China. He also addresses the implications of his policies on inflation and the U.S. dollar, presenting a perspective on America's economic leadership in the face of global challenges.

Oct 15, 2024 • 15min
How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud
In an eye-opening discussion, John Boudreau, Bloomberg's Vietnam bureau chief, dives into the shocking case of Truong My Lan, a Vietnamese real estate mogul convicted of orchestrating a $12.3 billion fraud. He unpacks her meteoric rise to wealth and subsequent fall to death row, revealing how she embezzled vast sums for years. Boudreau also explores the implications of her fraud on Vietnam's economy and its ongoing battle against corruption, shedding light on the broader impacts for both local businesses and international investors.

Oct 14, 2024 • 13min
Insurers Are Struggling to Keep Up With Disasters Like Helene and Milton
Leslie Kaufman, a Bloomberg Green reporter specializing in climate and insurance, discusses the catastrophic aftermath of Hurricanes Helene and Milton. She highlights the staggering financial toll of over $100 billion on recovery efforts and critiques the inadequacy of FEMA's flood support. The conversation reveals the insurance industry's struggle with rising storm risks and emphasizes the urgent need for updated flood risk assessments. Kaufman urges homeowners to stay informed and prepared in this era of increasing natural disasters.

Oct 11, 2024 • 17min
How Uber and Lyft Used ‘Lockouts’ to Deny NYC Drivers Millions
Natalie Lung, a Bloomberg tech reporter, dives into the shocking practices of Uber and Lyft that have left NYC drivers in dire straits. She discusses how these companies implemented lockouts to slash their payroll costs, impacting drivers' earnings and autonomy. Through an extensive investigation, Lung reveals personal stories collected from hundreds of drivers, showcasing the emotional and financial toll of these restrictions—especially during peak demand times. The conversation sheds light on the pressing need for fair compensation in the gig economy.

Oct 10, 2024 • 15min
When Will We Know Who the Next President Is?
Gregory Korte, a Bloomberg politics reporter specializing in elections, dives into the complexities of the U.S. presidential election process. He discusses whether we'll know the results on election night or face a drawn-out wait like in 2020. Korte highlights the shift in voting patterns and the critical role of concession speeches in maintaining democracy. He also addresses the challenges posed by new voting laws and misinformation, especially in swing states, emphasizing the urgency of building electoral trust.

Oct 9, 2024 • 13min
Could Contaminated Water Dull Perrier’s Sparkle?
Dasha Afanasieva, a Bloomberg reporter on European consumer goods, delves into the heated scrutiny facing Perrier after contamination reports surfaced. She discusses the brand's luxury image colliding with allegations of fecal matter and pesticides. Topics include Perrier's shifting towards organic farming amidst climate challenges and the introduction of Maison Perrier to navigate regulations. The conversation raises crucial questions about sustainability and corporate responsibility in the bottled water industry, making clear the delicate balance brands must maintain.

Oct 8, 2024 • 14min
Inside the Succession Drama at a Hong Kong Property Dynasty
Shawna Kwan, a Bloomberg reporter specializing in the Hong Kong property sector, dives into the seismic shifts at New World Development. She discusses Adrian Cheng’s surprising ousting as CEO and the implications of appointing Eric Ma Xiu-Chung, a non-family member, to lead the company. Kwan explores the financial pressures facing the property dynasty amid rising interest rates and high debt. The conversation also touches on how these leadership changes might influence succession strategies in family-owned businesses across the region.

Oct 7, 2024 • 14min
One Year Later, a Region in Conflict
Ethan Bronner, Bloomberg's Israel bureau chief, offers deep insights into the ongoing Israeli-Palestinian conflict one year after Hamas's surprise attack. He discusses the humanitarian crisis in Gaza and shifting regional dynamics involving Iran and Hezbollah. The conversation highlights societal changes in Israel and Palestine, military strategy shifts, and the implications of U.S. influence. Bronner's expert analysis sheds light on the complexities of safety, control, and the broader geopolitical landscape amidst the continuing turmoil.