Bloomberg Businessweek

Whey Protein Is Running Out as Americans Want It in Everything 02.06.2026 6min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The food industry is grappling with shortages and skyrocketing prices of whey protein, forcing some manufacturers to halt production or reformulate their products with alternative ingredients. Whey protein has become a star ingredient due to its complete protein profile and ease of use, but the supply chain is struggling to keep up with demand, with some suppliers already sold out for the remainder of the year. Companies are considering alternatives to whey protein, including milk protein concentrate and plant-based options like soy and pea, as price increases and tight supply continue to affect the industry.For more on the show, Emily Graffeo and Tim Stenovec, spoke with Kristina Peterson is Bloomberg News Reporter covering the food industry.See omnystudio.com/listener for privacy information.

Anthropic Files Confidentially for IPO in Race With OpenAI 01.06.2026 40min

The people, companies and trends shaping the global economy.  Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.  Anthropic PBC has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall.  “The number of shares to be offered and the price have not yet been set,” the company said in a blog post Monday. Anthropic, once viewed as an underdog to OpenAI, has vaulted ahead of the ChatGPT maker in recent months on multiple fronts. The Claude developer recently raised $65 billion in a funding round at a $965 billion valuation, including the investment, eclipsing OpenAI’s value for the first time. Anthropic’s advances in coding and cybersecurity capabilities have rattled markets and also enticed new business customers.  With the filing on Monday, Anthropic is poised to potentially beat OpenAI to the public market, setting itself up to attract more attention and capital from a greater pool of investors. OpenAI itself was said to be preparing its own confidential filing for an initial public offering in the coming weeks and was targeting a public debut sometime in the fall, Bloomberg reported in May.  On this episode, guest host Emily Graffeo and Tim Stenovec speak with:  Ed Ludlow, Bloomberg Tech co-host  Charlie Wells, Bloomberg News Reporter and Ed Ludlow for in-depth conversation on SpaceX and its upcoming IPO  Andrew Groves, Chairman of Copper Intelligence  Roderick Wong, founder and Chief Investment Officer and Stephanie Sirota, Chief Business Officer, from RTW Investments on Innovations in Biotech See omnystudio.com/listener for privacy information.

Businessweek Daily Bonus: A Focus on Business Schools 31.05.2026 27min

The people, companies and trends shaping the global economy.Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.On this special edition of the Bloomberg Businessweek Daily podcast, we focus on business schools and how they're responding to the new challenges facing students and graduates as they enter a workforce shaped by economic uncertainty and the rapid growth of artificial intelligence. Hosts Carol Massar and Tim Stenovec, along with Bloomberg Businessweek senior editor Dimitra Kessenides, speak with: Jenny Chatman, Bank of America Dean of the Haas School of Business, co-director of the Berkeley Center for Workplace Culture and Innovation Eloïc Peyrache, Dean and CEO at HEC Paris See omnystudio.com/listener for privacy information.

Bloomberg Businessweek Weekend - May 29th, 2026 29.05.2026 41min

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.

Safeguarding the Future of an HBCU 29.05.2026 8min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The US Department of Education wants to grease the wheels for college mergers and acquisitions, a rare Trump administration proposal with broad support from university leaders who see the policy helping the sector withstand a wave of financial distress. Grambling State University is hoping to benefit from this potential proposal, especially as the university is set to celebrate its 125th anniversary and the institution’s enduring cultural legacy.For more, Christina Ruffini and Tim Stenovec, spoke with Dr. Martin Lemelle, Jr, Grambling State University President and how he is adapting private-sector strategies to create a healthier financial ecosystem at Grambling.See omnystudio.com/listener for privacy information.

SpaceX Wins $4 Billion Contract for US Golden Dome Satellites 29.05.2026 35min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump’s Golden Dome defensive shield.The space-based tracking network integrates space sensors, communication systems and AI-enabled ground processing to look and alert for airborne threats from orbit, according to a US Space Force statement Friday. The US had been using ground-based sensors and military aircraft to monitor the skies, but placing detection capabilities in space could eliminate potential blind spots, the Space Force said.The $4.16 billion award underscores SpaceX’s deepening ties to the Pentagon and its close involvement with Golden Dome, which is intended to protect the US from attacks through layered defense systems ranging from Earth to space. SpaceX is already under contract to develop prototypes of space-based interceptors for the project and is part of a multi-company software consortium building the operating layer underpinning Golden Dome, Bloomberg has reported.On this episode, guest host Christina Ruffini and Tim Stenovec speak with: Sana Pashankar, Bloomberg Space Reporter Zack Gharib, President, Red Roof on expansion into Canada, consumer trends and travel behavior Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst on On Dell Soars Most in Two Years on Outlook Fueled by AI Servers Dr. Amesh Adalja, Johns Hopkins Center for Health Security Bloomberg School of Public Health Senior Scholar on Ebola latest/health news roundup Deborah Harpur, Founder and CEO, FanClub AI on FanClub AI, a new venture building rights infrastructure for the generative AI era See omnystudio.com/listener for privacy information.

Why Food is Becoming the New Center of the Office 29.05.2026 7min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Food is an essential part of every workday; it brings employees together to connect and enables collaboration. But it's often unmanaged, with multiple vendors, decentralized spend, and no single owner. 92% of employers say that providing food makes employees more productive, and 86% of hybrid employers say food encourages employees to work onsite. ezCater is a workplace food tech platform that connects organizations of all sizes and industries with over 125,000 restaurants nationwide to make food easy to order, manage, and scale.For more, guest hosts Matt Miller and Alexis Christophorous spoke with Nihad Rahman, CEO of ezCater.See omnystudio.com/listener for privacy information.

Apple Is Overhauling Siri as Part of Major iOS27 Changes 28.05.2026 35min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Apple Inc.’s much-anticipated Siri overhaul is set to become the centerpiece of its next iPhone, iPad and Mac software updates — and Bloomberg News is offering the first peek at what the new digital assistant will look like.Illustrations created by Bloomberg show the revamped Siri interface, a new chatbot-style app and other major iOS 27 changes that the company plans to announce at its June 8 Worldwide Developers Conference. The images are based on information viewed by Bloomberg and people with knowledge of the company’s plans who asked not to be identified because the software isn’t yet public.An Apple spokesperson declined to comment. The company often tests multiple designs of features internally, and the final version set to be introduced to the public in June could differ.On this episode, guest hosts Matt Miller and Alexis Christophorous speak with: Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech Jay Chaudhry, Founder & CEO, Zscaler on Zscaler Sinks as Revenue Forecast Misses Estimates Kevin Tynan, Director of Research at The Presidio Group on Ferrari CEO Says First EV Racks Up Orders Despite Criticism Albert Douer, UBQ Chairman and CEO on UBQ's plastic alternatives products and filling the void amid Iran/supply chain ripples See omnystudio.com/listener for privacy information.

Chasing the Man Who Stole The Gods 28.05.2026 10min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The Man Who Stole the Gods uncovers the global conspiracy behind the decades-long looting of Cambodia's sacred heritage following the devastation of the Khmer Rouge genocide. At the center o the empire sits Douglas Latchford, a charismatic British expatriate who spend a lifetime masquerading as a passionate scholar while secretly masterminding a multi-million dollar antiquities trafficking ring. For more, Tim Stenovec and guest host Christina Ruffini speak with Matthew Campbell, Bloomberg Businessweek Reporter.See omnystudio.com/listener for privacy information.

Memory Chip Frenzy Sends SK Hynix, Micron Into $1T Club 27.05.2026 32min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.When global equities are offering such meaty returns, betting on the broader markets will pay off better than a quest for individual winners.South Korea’s SK Hynix on Wednesday became just the third Asian company to join club of companies with a market capitalization of $1 trillion. That is a coveted distinction considering that even the Nasdaq 100 boasts only 10 companies that are part of the group.One day earlier, Micron has experienced a significant market surge, surpassing a $1 trillion valuation driven by robust demand in the artificial intelligence sector. Despite this, the company remains undervalued, trading at under 10 times forward earnings.On this episode, guest host Christina Ruffini and Tim speak with: Ian King, Bloomberg News US Semiconductor Reporter Brieane Olson, PacSun CEO on new book 'Co-Created: The Cultural Strategy That Redefined Pacsun' and her turnaround of the company Kelsey Berro, JPMorgan Asset Management Global Fixed Income, Currency and Commodities (GFICC) Portfolio Manager  See omnystudio.com/listener for privacy information.

Ferrari’s $640,000 EV Is Quite a Stretch 27.05.2026 8min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The unveiling of the $640,000 Ferrari Luce drew largely negative reactions from industry analysts and social media influencers alike, who compared the four-door, five seater’s design to mass-market EVs. For the Luce, Ferrari moved away from the style associated with design chief Flavio Manzoni and tapped Apple Inc.’s former head of design, Jony Ive, to shape the vehicle.For more, Tim Stenovec and Alex Semenova speak with Hannah Elliott, Bloomberg Pursuits Staff Writer and Car Critic AND Co-Host of the 'Hot Pursuit' PodcastSee omnystudio.com/listener for privacy information.

Navigating the K-Shaped Economy with Embedded Finance 26.05.2026 41min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The K-shaped economy has frozen homeowners in place, as middle-income buyers can afford only 21% of homes on the market (down from 50% pre-pandemic). Homeowners are sitting on historic 3% to 4% mortgages that they absolutely refuse to surrender. Because inventory is virtually nonexistent, moving simply isn't an option for most. Since they can't move, we see them choosing to reinvest in their current homes instead. They can't buy up. They can't move. So they're renovating. On this episode, Alex Semenova and Tim speak with: Mike Petrakis, Founder and CEO of PowerPay AND Philip Brenckle, West Shore Home CFO on The K-shaped economy has frozen homeowners in place Madison Muller, Bloomberg News US Health Care Reporter On Lilly to Buy Three Vaccine Developers for Up to $3.8 Billion AND Ebola Vaccine From Oxford Covid Team Nears Production for Trials Peter Atwater, President, Financial Insyghts on his latest: how we went from a K-Shaped Recovery to a full-blown K-Shaped American Experience Dr. Michael Swanson, Chief Agriculture Economist, Wells Fargo Agri-Food Institute on agriculture prices, prices in the grocery aisle See omnystudio.com/listener for privacy information.

A Taste of Pan-Asian Street Sauces 26.05.2026 11min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.BBQ sauce has long been an American staple, but what people reach for is changing. Today's cooks want heat with depth, texture with a story, and flavor that takes them somewhere beyond the backyard grill. Asian inspired flavor profiles are leading that evolution. Mr. Bing, the chef-approved Pan-Asian street sauce brand, wants to help bring bold, globally inspired flavor to everyday meals and modern menus.For more, Tim Stenovec and Carol Massar speak with Brian Goldberg, the Founder and Chief Growth Office of Mr. Bing Foods.See omnystudio.com/listener for privacy information.

Bloomberg Businessweek Weekend: May 22nd, 2026 22.05.2026 42min

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.

CEOs Drop Warm and Fuzzy in 'Ruthless' Push to Squeeze Workers 22.05.2026 28min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.During the pandemic and the subsequent "Great Resignation," corporate leaders adopted an empathetic, employee-friendly persona, offering flexible remote-work policies, wellness perks, and mental health support to attract scarce talent. However, as economic pressures like inflation and high interest rates mounted, the labor market cooled, shifting leverage firmly back into the hands of employers. In response, CEOs quickly abandoned their "warm and fuzzy" approach to prioritize profit margins and shareholder demands.This shift has ushered in a ruthless return to aggressive workforce management and cost-cutting. To extract maximum productivity, executives are enforcing strict return-to-office mandates, rolling back employee perks, and utilizing performance reviews to quietly downsize staff. With fewer job openings available, workers are being forced to accept heavier workloads and tighter corporate surveillance, signaling a definitive end to the brief era of employee empowerment.On this episode, Carol and Tim speak with: Matthew Boyle, Bloomberg News Senior Reporter, Work and Management on CEOs Drop Warm and Fuzzy in 'Ruthless' Push to Squeeze Workers Nakul Duggal, Head of Qualcomm's Automotive, Robotics and IoT Businesses on Qualcomm and Stellantis announced a partnership to enable automated driving on millions of Stellantis vehicles using Qualcomm Technologies’ Snapdragon Ride Pilot system   Stew Leonard Jr., Stew Leonard's President & CEO on Memorial Day grilling/grocery costs See omnystudio.com/listener for privacy information.

Inside a Year of Chaos at Kevin Hart’s Media Company 22.05.2026 11min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.When Kevin Hart announced in January that he’d licensed his name to Authentic Brands Group, the popular comedian was silent on a key detail: the future of his namesake media company. Hart sold some ownership and oversight of his brand in exchange for an undisclosed sum of money and a stake in Authentic, a New York-based firm that manages the likenesses of Marilyn Monroe, Muhammad Ali, Shaquille O’Neal and David Beckham. Hart used the partnership with Authentic to reset his relationship with the people around him and his company, according to six current and former employees. Hart’s employees say they worry that this deal marks the beginning of the end of Hartbeat, the comedian’s namesake media company that produces films, owns a network of short-form video channels and handles marketing for brands. Though the announcement made no mention of Hartbeat, the agreement gave Hart money to buy out his private equity partner in the company over time and regain control of the use of his name, image and likeness. Hart’s endorsement deals, which had been a pillar of Hartbeat business, will now be handled by Authentic.For more, Tim Stenovec and Emily Graffeo speak with Lucas Shaw, Bloomberg News Managing Editor, Media & Entertainment and writer of the Bloomberg Screentime NewsletterSee omnystudio.com/listener for privacy information.

SpaceX Joins Battle for Control of $26.5 Trillion AI Market 21.05.2026 35min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.SpaceX is marketing itself to IPO investors as an artificial intelligence play targeting a $26.5 trillion potential market opportunity, signaling its intention to wrest business from investor darlings whose valuations have soared.The company, formally known as Space Exploration Technologies Corp., leaned heavily on its ambitions in the ever-expanding AI market in its initial public offering filing Wednesday. Out of a $28.5 trillion total addressable market across its businesses, SpaceX sees AI opportunities accounting for 93%, with enterprise applications accounting for the vast majority. Space, Starlink internet and mobile would contribute close to $2 trillion.Elon Musk’s rocket, satellite and AI company is effectively basing its pitch for the biggest IPO in history on the idea that it can capture a huge share of the market from the likes of OpenAI, Anthropic PBC and Alphabet Inc.’s AI systems: technology that will eventually automate large swaths of white-collar and administrative work, creating a massive market for software that can perform digital tasks traditionally handled by humans.On this episode, Carol and Tim speak with: Ed Ludlow, Bloomberg Tech Co-Host Gautam Bhandari, Co-Founder, Managing Partner & Global CIO at I Squared on data from the ISQ OpenInfra Index, showing survey results of financial advisors who work with alternative investments Tripp Hornick, Principal, Quince Street Strategy on national security, critical minerals policy, global supply chain risk mitigation of the Trump administration Dr. Danish Nagda, CEO of Rezilient Health on Rezy AI health care platform and health care technology See omnystudio.com/listener for privacy information.

Bearish Outlook Breaks Consensus 21.05.2026 9min

Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group of tech mega caps that diversified portfolios simply can’t keep up with.The share of mutual funds outperforming the S&P 500 this year has plunged to just 28%, according to the latest data from Barclays, down from over 60% at the end of February. After benefiting from a rotation out of high flying technology shares and into the broader market, stock pickers are getting left behind as money floods back into a narrow group of AI-fueled heavyweights.For more on the generally bearish, Tim Stenovec and Emily Graffeo speaks with Thomas Thornton, President at Hedge Fund Telemetry and Alexandra Semenova, Bloomberg US Stocks Reporter See omnystudio.com/listener for privacy information.

Instant Reaction: Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards 20.05.2026 23min

Nvidia, the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge.Sales in the three months ending in July will be about $91 billion, the company said in a statement late Wednesday. Though analysts estimated $87 billion on average, projections ranged as high as $96 billion, according to data compiled by Bloomberg. For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Emily Graffeo speak with: Ed Ludlow, Bloomberg Tech co-host Paul Meeks, Head of Technology Research at Freedom Capital Markets Jay Goldberg, Seaport Research Partners Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst See omnystudio.com/listener for privacy information.

OpenAI Closes in on IPO Near $1 Trillion Valuation 20.05.2026 33min

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.OpenAI is preparing to file for an initial public offering in the coming weeks and is targeting a public debut sometime in the fall, according to a person familiar with the plan.The ChatGPT creator is working with Goldman Sachs and Morgan Stanley to make a confidential IPO filing as soon as Friday, but the exact timing remains uncertain, the person said, asking not to be identified because the information isn’t public. OpenAI said in a statement: “We regularly evaluate a range of strategic options. Our focus remains on execution.”OpenAI has been laying the groundwork to go public as soon as this year as part of a broader effort to raise more capital and pay for its costly push for more chips, data centers and talent, Bloomberg News has previously reported. Rivals Anthropic PBC and SpaceX are also preparing for listings. SpaceX’s IPO paperwork may be made public as soon as Wednesday.On this episode, Carol and Tim speak with: Ed Ludlow, Bloomberg Tech Co-Host Kurt Wagner,  Bloomberg News Senior Technology Reporter on Meta Begins 8,000 Global Job Cuts in AI Efficiency Push  Patrick Clark, Bloomberg News Real Estate Reporter on Wall Street Takes Its Cut of $34 Trillion in US Homeowner Wealth See omnystudio.com/listener for privacy information.