How Did an Alaska Native Corporation Become an ICE Detention Giant?
Over the last decade, Nana Regional Corp. — an Alaska Native corporation based in a small community roughly 30 miles north of the Arctic Circle — has won contracts worth more than $1 billion to run and support ICE detention facilities around the US. On today’s Big Take podcast, Bloomberg investigative reporter Polly Mosendz and KOTZ news director Desiree Hagen look into how a company that once focused on local Alaskan industries, like mining and hospitality, became an ICE detention giant — and why some shareholders are starting to push back. This story was reported in collaboration with KOTZ and Alaska Public Media. KOTZ, a partner station of Alaska Public Media, has received donations from local businesses, including Nana, in the past. Read more: Distant ICE Detention Centers Bring Money—and Anger—to an Alaska Native CommunityWhy Small Towns Are Hooked on ICE DetentionSee omnystudio.com/listener for privacy information.
23 Loka 17min
Xi’s Rare Earths Bargaining Chip Is a Trade War Game Changer
China’s dominance of rare earths has given Xi Jinping powerful leverage over Donald Trump ahead of their expected meeting next week. On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Daniel Ten Kate dig into how China is weaponizing rare earths and what the economic standoff means for a trade deal and the future of US-China relations. Read more: Xi Is Never Giving Up His Newfound Leverage Over TrumpFurther listening: Xi’s Bromance Diplomacy Is Challenging Trump’s World OrderThe Rebel Army Behind One of the World’s Major Rare-Earth SuppliesSee omnystudio.com/listener for privacy information.
22 Loka 18min
The Race to Buy Warner Bros. Discovery
Some of the biggest names in tech and Hollywood are training their sights on Warner Bros. Discovery, the media and entertainment conglomerate that owns HBO Max, CNN and TNT. The first party to make an offer was Paramount Skydance, the newly-merged company helmed by David Ellison. On today’s Big Take podcast, Bloomberg’s Lucas Shaw joins host David Gura to share his reporting on why Ellison wants to buy Warner Bros. Discovery — and what more consolidation would mean for Hollywood, the news business and consumers.See omnystudio.com/listener for privacy information.
21 Loka 17min
A Brazen, 7-Minute Jewelry Heist at the Louvre
In just seven minutes, thieves in France made off with a cache of royal necklaces, tiaras and earrings in a robbery at Paris’s famous Louvre — shutting down the world’s busiest museum and setting off an international manhunt. On today’s Big Take podcast, host David Gura and Bloomberg’s Paris Bureau Chief Alan Katz on the brazen theft that evokes a Hollywood caper, the latest in the investigation and what might happen to the priceless jewels. Read more: A 7-Minute Louvre Heist Leaves Behind DNA and Dropped CrownSee omnystudio.com/listener for privacy information.
20 Loka 13min
Amex v. Chase: Who Will Win the Battle for America’s Top Shoppers?
The competition for America’s wealthiest shoppers is heating up, with credit card companies like American Express and Chase using every perk in the book to enroll new cardholders. On today’s Big Take podcast, Bloomberg’s Amanda Mull tracks how the leading credit card companies are using perks, promotions and points to win the business of the 10 percent of Americans responsible for nearly 50 percent of the country’s discretionary spending. Who will win this high-stakes game – and what’s the cost to the rest of us? Read more: Inside the Credit Card Battle to Win America’s Richest Shoppers Take Bloomberg’s Quiz: Which Premium Credit Card Is Right For You? See omnystudio.com/listener for privacy information.
17 Loka 19min
Why Global Economic Leaders Are Predicting a Slowdown
This week, the World Bank and the International Monetary Fund are holding their annual meetings in Washington, DC and so is the Institute of International Finance. It’s brought a who’s who of central bankers and finance ministers to the US capital — in the midst of a government shutdown — to discuss the most pressing issues facing the global economy. Bloomberg reporters and editors from all over the world have also made the pilgrimage to Washington, including Brendan Murray, who oversees global trade coverage, along with Joe Weisenthal and Tracy Alloway, the hosts of Odd Lots. On today’s Big Take podcast, they join host David Gura to share what they’re hearing at official events and on the sidelines of these meetings and what it reveals about the health of the economy and global markets.See omnystudio.com/listener for privacy information.
16 Loka 20min
What’s Driving The Rush to Invest in Gold
Gold always shines during uncertain times, but escalating tensions between the US and China and signals from the Federal Reserve that we could see at least one more rate cut this year have propelled gold – and silver – to record highs. Today on the Big Take, Bloomberg precious metals reporter Jack Ryan and host Sarah Holder talk about what’s pushing up gold’s value — and what history can teach us about how this gold rush could end. Read more: Gold (XAUUSD) Trades Near Record on Fed Rate-Cut Sign, US-China Tensions - BloombergSee omnystudio.com/listener for privacy information.
15 Loka 16min
Having a Baby? This Company Will Give You $72,000
South Korean companies are offering workers tens of thousands of dollars (tax free) to have babies. But are cash incentives enough to address the country’s record-low fertility rates? K. Oanh Ha and Bloomberg’s Hyonhee Shin explore on today’s Big Take Asia podcast. Read more: Korean Companies Pay Employees Huge Sums to Have More KidsSee omnystudio.com/listener for privacy information.
14 Loka 15min
