Telemarketers’ New Trick to Sell Bare-Bones Health Plans
A few years ago, a former sitcom writer came up with a weird way to sell Americans cheap health plans, using a loophole in the Affordable Care Act. More than 100,000 households have signed up, but many say the coverage isn’t what they were promised. On today’s Big Take podcast, Bloomberg reporter Zach Mider shares what he learned while investigating the plans and what it could mean for the American health-care system if more people turn to them. Read more: A Former TV Writer Found a Health-Care Loophole That Threatens to Blow Up ObamacareSee omnystudio.com/listener for privacy information.
7 Touko 18min
How a CEO’s Faked Results Led to a $300 Million Wipeout
In late 2018, five years after launching fish-feeding company eFishery, Gibran Huzaifah found himself all out of cash. To save his business, the CEO started plugging fake numbers into financial reports. The brighter picture drew hundreds of millions of investor dollars. But his house of cards was doomed to collapse. On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's David Ramli about the fall of eFishery and what it says about the risks of venture capital investing. Read more: CEO Explains How He Faked Results in $300 Million MeltdownSee omnystudio.com/listener for privacy information.
6 Touko 16min
Warren Buffett Passes the Baton
Warren Buffett shocked shareholders when he announced he’d be stepping down as CEO of Berkshire Hathaway. The 94-year-old business giant had been running the behemoth company for more than 50 years, and his investment decisions have earned him the nickname the “Oracle of Omaha.” On today’s Big Take podcast, Bloomberg senior markets editor and Opinion columnist John Authers unpacks how Warren Buffett changed investing, what it would take for successors to fill his shoes and whether Berkshire Hathaway is headed for a break-up.See omnystudio.com/listener for privacy information.
5 Touko 16min
Your Morning Commute Could Get Way Worse
At the height of the Covid-19 pandemic, the US government stepped in with aid to keep mass transit agencies afloat. But that money is running out and ridership hasn’t rebounded.On today’s Big Take podcast, Bloomberg’s Sri Taylor and Aaron Gordon join host David Gura to discuss why advocates now fear many transit systems are on the verge of a so-called “death spiral” — a vicious cycle of less funding, low ridership and cuts to services that could impact everyone’s commute. Read more: A $6 Billion Shortfall Has US Mass Transit Facing a Death Spiral See omnystudio.com/listener for privacy information.
2 Touko 15min
Earnings Are In. Companies Can’t Hide From Tariffs Anymore
One month after Trump’s “Liberation Day” tariffs, Q1 earnings reports for a range of US companies are in. On today’s episode, Bloomberg’s Shelly Banjo joins host Sarah Holder to talk through what those reports are revealing about companies’ reactions to Trump’s trade war. Are they pausing, pivoting or panicking? Read more of Shelly Banjo’s work.See omnystudio.com/listener for privacy information.
1 Touko 17min
How Goldman Sachs Is Thinking About Tariffs
The uncertainty caused by Trump’s tariff policies has been spooking business leaders and roiling the markets. And according to Goldman Sachs CEO David Solomon, there could be more economic pain ahead — at least in the short term. Today on the Big Take, Bloomberg editor-at-large Francine Lacqua sits down with Solomon at the Norwegian sovereign wealth fund’s annual investment conference in Oslo. He shares his thoughts on the fate of the US dollar as a reserve currency, opportunities for new investment in European markets and his predictions for global growth in the coming year. Read more: Goldman’s Solomon Says Markets to ‘Settle Down’ After ChaosSee omnystudio.com/listener for privacy information.
30 Huhti 17min
What a Liberal Victory Means for Canada and the Trade War
In electing Mark Carney as prime minister, Canadians have given him and the Liberal Party a mandate. But it was a narrow victory — one that will require Carney to work with another party to achieve his priorities. His most urgent: trade talks with US President Donald Trump. On today’s Big Take podcast, David Gura sits down with Canadian government reporter Brian Platt in Ottawa to discuss the results of the election, what a fourth consecutive Liberal term means for the country’s future and how Carney might try to position Canada in trade negotiations.See omnystudio.com/listener for privacy information.
29 Huhti 15min
Inside Trump’s First 100 Days
President Trump will celebrate 100 days back in office this week. The milestone comes amid a US-China trade war, ongoing conflict overseas and high-stakes battles over the future of higher education.On today’s Big Take podcast, Bloomberg’s Josh Wingrove joins host David Gura to take stock of how Trump has used the last three months to reshape everything from global trade and immigration to the American presidency — and what they reveal about the road ahead.See omnystudio.com/listener for privacy information.
28 Huhti 19min
