Nintendo's Big Bet on Switch 2

For decades, African American activists, scholars, and elected officials have called for reparations to address the long legacy of slavery and racism in the US. Now, California is beginning to take action. The state has put together a reparations task force to make recommendations to lawmakers in this first attempt of its kind, which also hopes to serve as a template for other states. Who would be compensated, and how much would they receive? Bloomberg’s California Bureau Chief Karen Breslau joins this episode to share her reporting on the draft details of the plan. And Kamilah Moore, who chairs California’s Task Force to Study and Develop Reparation Proposals for African Americans, talks about their efforts to put numbers on injustice. Read more: California Puts a Price on Slavery’s Legacy and Draws a Blueprint for Reparations. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

9 Juni 202334min

European football is one of the world’s most popular sports, and billionaires, hedge funds, and sovereign wealth funds want a piece of it. They’re purchasing clubs, or stakes in them. But whether it’s for money, the love of the game, or positive PR—that depends on the owner. Bloomberg’s Giles Turner and Irene Garcia Perez join this episode to talk about the patchwork of club owners, and whether football is actually a winning investment. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

8 Juni 202323min

Since the 1940s, summer camp has offered adventure, lifelong friendships, and…much-needed childcare for families. But these days, it’s fraught with high prices and limited openings. Bloomberg reporter Claire Suddath and Businessweek contributor Lydia Kiesling  join this episode to talk about why getting kids into summer camp has become such a pain point for many working parents. Read more: How Summer Camp Became Such a Hot Mess for Parents Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

7 Juni 202327min

Syria is back in the 22-nation Arab League bloc after more than a decade of isolation. So what does this mean for countries outside the region, like the US? Bloomberg managing editor Sylvia Westall and reporter Daniel Flatley join guest host Rosalind Mathieson to talk about the impact of Syria’s reinstatement Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

6 Juni 202326min

The months-long fight over raising the debt ceiling is finally over. That means the threat of the US defaulting on its debts, and the resulting economic crisis, is off the table – at least for the next two years. So what happened? And how will it shape the economy, the political climate, and future debt negotiations? Bloomberg Congressional reporter Steven Dennis and White House reporter Jordan Fabian join guest host Nancy Cook to break down what the final agreement says and the impact it will have. Read more: Debt-Limit Deal Clears Congress, Ending Threat of US Default Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

5 Juni 202331min

In two recent open letters, leaders and developers of artificial intelligence called for a pause of large AI projects to take stock of their impact. In tandem, Sam Altman, OpenAI’s CEO, went to Congress to ask lawmakers to regulate his own industry. What can be done to keep developers in check while allowing innovation to flourish? Bloomberg AI reporters Dina Bass and Rachel Metz join guest host Craig Gordon to talk about these longtime AI whistleblowers and why the latest calls from industry leaders may be a sincere attempt to establish some rules of the road.  Read More: Microsoft Calls for a New US Agency and Licensing for AI Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolin\a, Senior Producer: Kathryn Fink, Producer: Rebecca Chaisson, Associate Producer: Sam Gebauer. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.See omnystudio.com/listener for privacy information.

2 Juni 202327min

Hegang, a remote coal town in northern China that faced a mountain of debt, was forced to undergo an unprecedented financial restructuring. And it’s not alone. A local debt problem in some of China’s cities threatens to be a drag on the world’s second-largest economy for years to come. Bloomberg’s Colum Murphy and James Mayger join this episode from Beijing to talk about what’s happening in Hegang and other cities, and why China’s local debt challenges may be felt well beyond its borders. Read more: China’s $23 Trillion Local Debt Mess Is About to Get Worse Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producer: Federica Romaniello, Associate Producer: Zaynab Siddiqui. Sound Design/Engineer: Gilda Garcia.See omnystudio.com/listener for privacy information.

1 Juni 202325min

What is Adidas without Yeezy? It’s making a lot less money for starters. Last year, longtime collaborator Ye — previously known as Kanye West — finally pushed executives too far with his outbursts and a series of anti-Semitic rants. Adidas cut ties on a collaboration worth billions.  It left a gaping hole in Adidas’s profits and exposed the challenges that one of Germany’s biggest companies now faces. Bloomberg reporters Kim Bhasin and Tim Loh join this episode to walk through how it all unfolded, and where Adidas goes from here. Read more: Adidas After Yeezy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

31 Maj 202327min