Shawn Fain Takes On the EV Industry and the Election
Big Take29 Jan 2024

Shawn Fain Takes On the EV Industry and the Election

United Auto Workers President Shawn Fain has been in the news almost nonstop for successfully negotiating a new contract for union members and, most recently, endorsing President Joe Biden for re-election.

But that endorsement is at odds with many rank-and-file union members who support Donald Trump. And Fain's next industry battle could be much harder.

In setting his sights on electric vehicle makers like Tesla and rallying his union members (many in swing states) around Biden, Fain is trying to propel the UAW back to its former industry might and political sway.

See omnystudio.com/listener for privacy information.

Episoder(805)

The Biden-Trump Race is On

The Biden-Trump Race is On

Fifteen states voted in the presidential primary contest on Super Tuesday, marking a decisive point in the election cycle. Former President Donald Trump’s campaign notched a clear victory as he marches down the path to clinching the Republican nomination. For President Joe Biden, between Super Tuesday and his State of the Union on Thursday, it’s officially the beginning of campaign season. Is Trump’s grip on the GOP’s future solidified? Will Biden be able to rekindle Trump angst to compete with Trump nostalgia? Host Saleha Mohsin and Bloomberg politics editor Mario Parker talk about the vulnerabilities each candidate faces, and what lies ahead in 2024.See omnystudio.com/listener for privacy information.

6 Mar 202416min

A New Housing Crisis Is Brewing In Places Prone to Climate Disasters

A New Housing Crisis Is Brewing In Places Prone to Climate Disasters

As climate risks grow, some private home insurance providers  are retreating from US regions most vulnerable to catastrophe. And homeowners who can’t get coverage through the private market are increasingly turning to insurance “plans of last resort,” created by states. The amount of liability taken on by these types of insurance plans is staggering, and growing: by some estimates, they’re holding more than $1 trillion of risk. On today’s Big Take podcast, climate reporter Leslie Kaufman and California reporter Nadia Lopez share an investigation into how skyrocketing enrollment in state-created plans could create the conditions for a financial crisis. See omnystudio.com/listener for privacy information.

5 Mar 202414min

Where Does Inflation Go From Here?

Where Does Inflation Go From Here?

The core personal consumption expenditures price index came in hot last week. After months of evidence that inflation was decelerating, the PCE — the Fed’s preferred measure of inflation — rose at its fastest pace in nearly a year.  On today’s Big Take podcast, we sort through the numbers with Matthew Boesler, who covers the US economy for Bloomberg, to understand whether the latest PCE report is a one-off aberration, or if it signals a true resurgence of inflation.See omnystudio.com/listener for privacy information.

4 Mar 202413min

Introducing: The Deal with Alex Rodriguez and Jason Kelly

Introducing: The Deal with Alex Rodriguez and Jason Kelly

The Deal, hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business titans, sports champions and game-changing entrepreneurs who reveal their investment philosophies, pivotal career moves and the ones that got away. From Bloomberg Podcasts and Bloomberg Originals, The Deal is available on Apple Podcasts, Spotify, iHeart, Bloomberg Carplay, or wherever you get your podcasts. You can also watch The Deal on Bloomberg Television, and Bloomberg Originals on YouTube.See omnystudio.com/listener for privacy information.

3 Mar 20241min

Chinese Emigrants Are Choosing New Destinations - and Transforming Them

Chinese Emigrants Are Choosing New Destinations - and Transforming Them

A new wave of Chinese people are leaving China after the Covid-19 pandemic  and they’re headed to places that aren’t the typical destinations for Chinese immigrants in the past. Bloomberg’s Lulu Chen tells us how China’s slowing economy, fears over new policies to redistribute wealth and Beijing’s handling of the pandemic created the perfect storm for this exodus. In today’s Big Take podcast, we look at the impact Chinese immigrants who move into these communities in far-flung places have, and what a rising outflow means for China’s future.See omnystudio.com/listener for privacy information.

1 Mar 202412min

The Royal Nephews at the Center of Monaco’s Latest Financial Scandal

The Royal Nephews at the Center of Monaco’s Latest Financial Scandal

On today’s Big Take podcast, an investigation by Bloomberg Businessweek reveals how Prince Albert II’s government regularly favored his nephews in business deals. Members of the royal family deny any wrongdoing, but Monaco finds itself in the midst of a political crisis.Bloomberg reporters Gaspard Sebag and Anthony Cormier detail why two of the Prince’s nephews are now facing allegations of using state contracts to line their own pockets at a time when the country’s government is already under scrutiny for failing to curb financial crime.See omnystudio.com/listener for privacy information.

29 Feb 202414min

Inside Project Maven, the US Military’s Mysterious AI Project

Inside Project Maven, the US Military’s Mysterious AI Project

On today’s episode, the US military’s mysterious project to bring modern artificial intelligence to the battlefield — told by the defense official behind it, whose job was so secretive he couldn’t even tell his wife about it. Bloomberg’s Katrina Manson takes host Saleha Mohsin behind the scenes for an unclassified look at Project Maven.See omnystudio.com/listener for privacy information.

28 Feb 202421min

Private Credit Is Attracting Attention. Not All of It Is Good

Private Credit Is Attracting Attention. Not All of It Is Good

Private credit funds are having a moment. Once under-the-radar lenders that did deals with riskier clients, the firms have gotten a lot more popular as interest rates have climbed. But private credit funds are also under a lot less oversight than traditional lenders, allowing little transparency into the way they value their loans. And all this new-found attention is starting to come with heightened scrutiny.   On today’s Big Take podcast, reporter Silas Brown shares what we know – and what we don’t – about how the world of private credit operates, and what new regulatory interest could mean for the $1.7 trillion dollars of assets these funds are managing. See omnystudio.com/listener for privacy information.

28 Feb 202416min

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