How China’s BYD Became King of the Affordable EV
Started as a battery company in the 1990s in Shenzhen, BYD is now one of the best-selling EV brands in the world. Once mocked by Elon Musk, the company’s startling growth made it a global player and has sparked tariffs in the US and EU. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Gabrielle Coppola and Danny Lee about the company’s aggressive expansion and what it means for the global auto market. Read more: BYD Is Winning the Global Race to Make Cheaper EVsSee omnystudio.com/listener for privacy information.
22 Okt 202416min
The Big (Climate) Short
In recent years, investors of all kinds bet big on the future of the so-called Green Economy. But now, some hedge funds are shorting green stocks — a sign that investor enthusiasm may be waning. A new Bloomberg analysis examines the positions that more than 500 hedge funds have taken on the green economy. On today’s Big Take podcast, Bloomberg ESG reporter Sheryl Lee joins host David Gura to discuss the findings, and why some investors who had bet on a sustainable future are now betting against it.See omnystudio.com/listener for privacy information.
21 Okt 202411min
What Happens When Your School Thinks AI Helped You Cheat
The education system has an AI problem. As students have started using tools like ChatGPT to do their homework, educators have deployed their own AI tools to determine if students are using AI to cheat. But the detection tools, which are largely effective, do flag false positives roughly 2% of the time. For students who are falsely accused, the consequences can be devastating. On today’s Big Take podcast, host Sarah Holder speaks to Bloomberg’s tech reporter Jackie Davalos about how students and educators are responding to the emergence of generative AI and what happens when efforts to crack down on its use backfire. Read more: AI Detectors Falsely Accuse Students of Cheating—With Big ConsequencesSee omnystudio.com/listener for privacy information.
18 Okt 202414min
Bloomberg’s Trump Interview: Inside His Economic Vision for a Second Term
With the US presidential election less than a month away, and the economy top of mind for many voters, former President Donald Trump sat down for an interview with Bloomberg Editor-in-Chief John Micklethwait at the Economic Club of Chicago on Tuesday. On today’s Big Take podcast, host David Gura highlights the key takeaways from the interview. From Trump’s defense of tariffs, to his plans for the Federal Reserve and immigration, the interview offers a view of what a second Trump term could mean for the global economy.Read more: Trump Says Growth to Outpace Feared Debt, Inflation From AgendaSee omnystudio.com/listener for privacy information.
16 Okt 202426min
How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud
Vietnamese real estate tycoon Truong My Lan was convicted in April of orchestrating a $12.3 billion fraud. She was sentenced to death by lethal injection, which she is appealing. And this week, the court is expected to hand down another verdict on additional charges. On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Boudreau about how Lan was able to embezzle so much money for so long, how she went from riches to death row and what her multibillion fraud case means for one of the fastest growing economies in Asia.See omnystudio.com/listener for privacy information.
15 Okt 202414min
Insurers Are Struggling to Keep Up With Disasters Like Helene and Milton
In recent weeks, two monster storms have pummeled the US. Hurricanes Helene and Milton left more than 200 dead — and early estimates suggest the recovery could cost more than $100 billion. It’s a huge strain on affected homeowners and the insurance industry that’s meant to shoulder some of that burden. On today’s Big Take podcast, Bloomberg’s Leslie Kaufman joins host David Gura to talk about the increasing severity and frequency of extreme weather events, and how the new normal is changing the calculus for insurers. Read more: Federal Flood Maps Are No Match for Florida’s Double HurricaneSee omnystudio.com/listener for privacy information.
14 Okt 202413min
How Uber and Lyft Used ‘Lockouts’ to Deny NYC Drivers Millions
Uber and Lyft promised to give drivers independence and the flexibility to work whenever they wanted. But this summer in New York City, these ride share companies started restricting when their drivers could go online. A new Bloomberg investigation found that driver lockouts were designed to save the companies millions in minimum wage payments — and ultimately cost drivers in the process.On today’s Big Take podcast, Bloomberg tech reporter Natalie Lung joins host Sarah Holder to talk about the strategy behind the lockouts, and how she and her team crowd-sourced stories from hundreds of drivers to understand the impact. Read more: How Uber and Lyft Used a Loophole to Deny NYC Drivers Millions in PaySee omnystudio.com/listener for privacy information.
11 Okt 202416min
Could Contaminated Water Dull Perrier’s Sparkle?
Perrier, the popular French bottled water brand, has long been a symbol of luxury. But it’s now under scrutiny after regulators found trace amounts of fecal matter and pesticides where its water is sourced. On today’s Big Take podcast, Bloomberg consumer goods reporter Dasha Afanasieva joins host David Gura to talk about how Perrier and its parent company, Nestlé, have responded — and ask bigger questions about sustainability in the global water business. Read more: Perrier Well Contamination Sparks Scrutiny for Luxe Water BrandSee omnystudio.com/listener for privacy information.
9 Okt 202413min
