A Wildfire Disaster and an Insurance Crisis Collide in Los Angeles
Deadly wildfires in the Los Angeles area have forced nearly 180,000 residents to evacuate their homes. As they wait to learn the extent of the damage, another crisis is on the horizon: whether private and state-funded insurance can handle a disaster on track to be one the worst in the region’s history. Today on the show, Bloomberg Green reporter Leslie Kaufman discusses why this fire has been so destructive and the state of wildfire insurance in California. Read more: Los Angeles Fires Become Existential Test for California’s Stopgap Insurer See omnystudio.com/listener for privacy information.
9 Tammi 14min
Inflation Claims Another Incumbent, This Time in Canada
On Monday, Canada’s Prime Minister Justin Trudeau announced he was resigning — the latest in a series of incumbents around the world who’ve been ousted or stepped aside as their countries grapple with the effects of inflation. Today on the show, Bloomberg reporter Brian Platt joins host Sarah Holder to track Trudeau’s rise and fall. Platt explains how housing costs, a surge in immigration and the loss of a key party ally pushed Trudeau to step down — and where Canada goes from here. Read more: Canada Tilts Right: Inflation Claims Trudeau as Its Latest Victim See omnystudio.com/listener for privacy information.
7 Tammi 16min
OpenAI’s Sam Altman Sits Down With Bloomberg Businessweek
After CEO Sam Altman was dramatically fired and rehired in November 2023, he got right back to work building up OpenAI, best known for ChatGPT. Now, about a year after that leadership upheaval, and two years after the seismic launch of that chat bot, Altman sat down with Josh Tyrangiel for a wide-ranging interview. Josh joined David Gura to talk about Altman’s evolution from Silicon Valley venture capitalist to a leader of the AI revolution, and how Altman is approaching the future of OpenAI — and planning to navigate the next four years under the Trump administration. Read more: Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump See omnystudio.com/listener for privacy information.
6 Tammi 18min
The Human Egg Trade: Episode 3 - The Journey
A new series from the Big Take podcast investigates the booming market for human eggs. In this episode, host Sarah Holder and Bloomberg’s Jessica Brice focus on the Kemptons, an Australian couple who needed donor eggs to get pregnant. They wanted access to a market they felt offered transparency. They especially wanted information about potential donors. What followed was an around-the-world quest to create a family — filled with promise, gutting losses and extreme cost. Read more: The EggSee omnystudio.com/listener for privacy information.
4 Tammi 26min
We Read Hundreds of 2025 Market Predictions So You Don’t Have To
Every year, senior markets editor Sam Potter reads predictions for the year ahead from leading financial institutions around the world. The theme of this year’s predictions: uncertainty.One event on the horizon has contributed to both their predictions for 2025 and the uncertainty in a unique way: Donald Trump’s return to the White House. Potter joins host David Gura to unpack what financial institutions are expecting for this year, given what they know and what they don’t. Read more: Here’s (Almost) Everything Wall Street Expects in 2025 See omnystudio.com/listener for privacy information.
2 Tammi 13min
The Year AI Broke Into Music
2024 was the year AI broke into the music industry. Record labels that had fought AI-generated songs at every turn started to consider how they might want to use AI tools. But as the technology creeps into more parts of the music production process, not everyone agrees on where to draw ethical and legal lines. On today’s Big Take podcast, Grammy Award-winning producer Timbaland, Universal Music Group executive Michael Nash, Bloomberg audio reporter Ashley Carman and host Sarah Holder examine who stands to benefit from the AI-music boom — and who has the most to lose. Read more: Ashley Carman’s Soundbite newsletterSee omnystudio.com/listener for privacy information.
31 Joulu 202416min
Indonesia Is Building a New Capital. It’s Not Going Well
Indonesia has embarked on an ambitious project to build a new capital city from scratch because Jakarta is overcrowded, polluted and sinking, fast. But the multibillion dollar new city, Nusantara, was plagued with problems from the very start. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Faris Mokhtar about what went wrong, and what’s at stake for Southeast Asia’s largest economy if it fails.See omnystudio.com/listener for privacy information.
30 Joulu 202415min
Why Are Airline Rewards So Complicated?
Frequent flyer programs began as a way for airlines to build loyalty and fill empty seats. They’ve since morphed into a complex financial ecosystem that’s drawn the ire of even the most savvy consumers and the scrutiny of the US Department of Transportation. Bloomberg’s global aviation editor Benedikt Kammel joins David Gura to talk about points, miles, qualifying trips — and how we got here in the first place. Read more: The Airline Rewards Game Is Getting Tougher to Win See omnystudio.com/listener for privacy information.
27 Joulu 202413min
