Bloomberg Businessweek

The Virtue Foundation is a nonprofit organization with Special Consultative Status to the United Nations. Its mission is to increase awareness, inspire action and render assistance through initiatives on healthcare, education, and women and justice programs, as well as innovative work in research and analytics. Composed primarily of volunteers, Virtue Foundation is guided by the principle that true global change must begin within each of us—one person at a time, one act at a time.Dr. Joan LaRovere, the Co-Founder and President of Virtue Foundation as well as the Interim Chief Medical Officer at Boston Children’s Hospital, discusses the work being done by her NGO and how it is helping to create an efficient market for global health using data science and artificial intelligence to efficiently match need and resources in the low and low-middle income countries. Dr. LaRovere speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.European diplomats warned the Kremlin this week that NATO is ready to respond to further violations of its airspace with full force, including by shooting down Russian planes, according to officials familiar with the exchange.At a tense meeting in Moscow, British, French and German envoys addressed their concerns about an incursion by three MiG-31 fighter jets over Estonia last week, according to the officials, who spoke on condition of anonymity as the talks took place behind closed doors. Following the conversation, they concluded that the violation had been a deliberate tactic ordered by Russian commanders.Russian officials have denied their planes crossed into Estonian airspace and insisted that they are not trying to test NATO. They said that a separate incident when drones crossed into Poland was the result of an error. Kremlin spokesman Dmitry Peskov this week said Russian military flights are guided by international rules.NATO’s eastern members have faced a series of violations this month that have posed an unprecedented test of the alliance’s resolve at a moment when Vladimir Putin is stepping up Russian attacks on Ukraine’s civilian infrastructure and US backing for Kyiv is wavering.President Donald Trump this week urged Ukraine to win back all the territory captured by Russia “with the support of the European Union” and defined the US role as selling weapons that allies could ship to the battlefield.Today's show features: Bloomberg Economics Defense Lead Becca Wasser on NATO’s plans to respond to incursions from Russian aircraft Cristiano Amon, CEO and President of Qualcomm, and Bloomberg Tech Co-Host Ed Ludlow, on the global semiconductor business and supply chain Rob O’Hare, Chief Financial Officer of Affirm, and Bloomberg News Senior Editor Nina Trentmann, on the health of the US consumer and how US monetary policy affects business Bloomberg Intelligence Global Equity Strategist Gillian Wolff, discussing the Thursday trade See omnystudio.com/listener for privacy information.

Three years ago, before artificial intelligence became part of the national consciousness, American University's Kogod School of Business embarked on a program to change its curriculum and infuse AI throughout its undergraduate and graduate courses. More than 90% of the faculty are now infusing AI into their classes, while every student gets a Perplexity Enterprise account when they being their studies at Kogod.David Marchick, the Dean of American's B-School, discusses the growing role of artificial intelligence in high education. Dean Marchick speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government.Apple and Intel also have discussed how to work more closely together, said the people, who asked to not be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said.Such a deal would follow a $5 billion investment last week by Nvidia Corp., which plans to work with Intel on chips for personal computers and data centers. SoftBank Group Corp., the Japanese tech giant seeking to expand further in the US, announced a $2 billion investment in Intel last month.Intel also has reached out to other companies about possible investments and partnerships, the people said.Today's show features: Bloomberg News Deals Reporter Ryan Gould Chris Nicholas, President and CEO of Sam’s Club, on the impact of tariffs for the wholesaler and the health of the company’s supply chains Lane Dilg, Former Head of Strategic Partnerships, Global Affairs, at OpenAI, on the company’s massive data center buildout and various partnerships Lori Kerr, Chief Executive Officer of FinDev Canada, on the ripple effects of the USAID rollback on Canadian development See omnystudio.com/listener for privacy information.

France recognized Palestine as an independent state and, along with Saudi Arabia at a United Nations conference led by the two countries, called on Israel to end the war in Gaza immediately.“One solution exists to break the cycle of war and destruction: acknowledging each other,” French President Emmanuel Macron said on Monday. “We must recognize that Palestinians and Israelis are living in twin solitude.”Saudi Foreign Minister Faisal bin Farhan, reading out a message from Crown Prince Mohammed bin Salman, who wasn’t in New York, echoed those comments.For her insight into the conflict with the UN General Assembly in the backdrop, hosts Carol Massar and Tim Stenovec speak with Mona Yacoubian, Director and Senior Adviser, Middle East Program at the Center for Strategic and International Studies.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said NATO nations should shoot down Russian aircraft that violated their airspace and struck a more sympathetic tone on Ukraine’s chances of winning the war.He spoke as he met with Ukrainian President Volodymyr Zelenskiy following recent jet incursions that have alarmed allies.“Yes, I do,” Trump said when asked directly by a reporter if NATO allies should take down Russian aircraft during his meeting on the sidelines of the United Nations General Assembly in New York on Tuesday.In a subsequent social media post, Trump said he believed that Ukraine, with the support of the European Union, was positioned not only to fight back but to reclaim all the territory taken by Russia since its invasion in 2022 — and perhaps more.“Putin and Russia are in BIG Economic trouble, and this is the time for Ukraine to act. In any event, I wish both Countries well. We will continue to supply weapons to NATO for NATO to do what they want with them. Good luck to all!” Trump said.Today's show features: Michelle Jamrisko, Bloomberg White House and National Security Editor Josh Wingrove, Bloomberg Senior White House reporter Jennifer Ewbank, Founder of Andaman Strategic Advisors Bloomberg News Health Reporter Jessica Nix & Dr. Todd Ivey, and Associate Professor at Baylor College of Medicine & a fellow in the American College of Obstetricians and Gynecologists See omnystudio.com/listener for privacy information.

Anger over rising energy costs will eventually force states to allow more natural gas infrastructure to be built in the US, according to one of the nation’s largest producers of the fuel. “We’ve never produced more energy than we’re producing now, but Americans’ energy bills are up over 35%,” EQT Corp. Chief Executive Officer Toby Rice said Thursday at BloombergNEF’s Barrel of Tomorrow in the Age of AI summit in Houston. “That’s the catalyst that’s going to get people asking questions.”Rice and other panelists including Chris James, founder and chief investment officer of investment firm Engine No. 1 LP, and Cynthia Hansen, head of gas transmission and midstream at Enbridge Inc., see developing more infrastructure, particularly natural gas, as the way to bring down utility bills as well as meet demand from data centers supporting artificial intelligence. Rice, the head of the $31 billion natural gas supplier, discusses the opportunities and challenges within his industry with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Walt Disney Co. said Jimmy Kimmel Live! will return to the air on Tuesday, ending a suspension imposed following controversial remarks the ABC late-night host made about the assassination of Republican activist Charlie Kirk.“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” Disney said in a statement.Kimmel will address the controversy when he returns to the stage, according to people with knowledge of the matter who asked not to be identified. He personally negotiated his return with Disney Chief Executive Officer Bob Iger and Dana Walden, who oversees ABC as co-chair of entertainment at the company.The network pulled the show on Sept. 17, two days after Kimmel, 57, said conservatives were trying to score political points from the killing.Today's show features: Bloomberg News Senior Editor Chris Palmeri Bloomberg News Technology Reporter Alexanda Levine on the latest developments as the US pursues a deal for TikTok Barbara Humpton, CEO of Siemens USA, on leveraging AI on factory floors, in power grids, and across critical infrastructure Paisley Nardini, Managing Director and Head of Multi-Asset Solutions at Simplify Asset Management, on the markets and investment strategies See omnystudio.com/listener for privacy information.

Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the transition to cleaner energy. Kraken has been key to Octopus Energy’s growth into the UK’s largest electricity supplier, leapfrogging industry incumbents to serve more than 7 million customers in the country. The software allows it to balance out power flows to households as energy-transition technologies like electric vehicles, home batteries, solar panels and heat pumps become more widespread.Amir Orad, the CEO of Kraken, discusses the particulars of the spinoff and why he feels it's important for nations to have a diverse mix of energy sources and providers. Amir speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Kindbody was once one of the fastest-growing fertility chains in the US. The venture-backed company cultivated a modern and millennial-friendly aesthetic that helped it attract more than $300 million in investments, including backing from celebrity investors like Gwyneth Paltrow and Chelsea Clinton. But Kindbody has been riddled with clinical problems, with embryos being mislabeled, lost or accidentally destroyed, and has spiraled into crisis. As more people seek fertility treatment than ever, the startup's story illustrates the dangers of moving fast in a largely unregulated industry. See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Senator Ted Cruz has become the most prominent Republican to criticize Federal Communications Commission Chair Brendan Carr, saying President Donald Trump’s top media regulator resorted to “mafioso” behavior to pressure Disney Corp.’s ABC to remove late night host Jimmy Kimmel.Cruz, the chairman of the Commerce Committee and a frequent defender of the Trump administration, took to his podcast in the wake of Kimmel’s indefinite suspension this week to describe Carr’s actions as “dangerous.”Carr earlier in the week implied on another podcast that ABC could face serious consequences from the government over Kimmel’s remarks about the shooting of conservative activist Charlie Kirk. Only hours later, ABC pulled Kimmel’s show.Cruz said he doesn’t believe the government should punish media companies over political disagreements. Today's show features: Bloomberg News Media Reporter Hannah Miller on President Trump’s comments about pulling broadcast licenses from outlets he feels are covering him unfairly Annalena Baerbock, President of the United Nations General Assembly, on the UN’s role in a time of heightened geopolitical tensions Bloomberg News White House Correspondent Lauren Dezenski on Friday’s phone call between President Donald Trump and China’s Xi Jinping, and the planned meeting between the two leaders Walter Todd III, President and Chief Investment Officer of Greenwood Capital Associates, on whether the bull market will continue See omnystudio.com/listener for privacy information.

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear 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.

Dr. Susan J. Blumenthal has been at the forefront of women’s health for 30 years. Having served under four US presidents, she achieved the rank of Rear Admiral (Ret.) with the US Public Health Service, is the former Assistant Surgeon General, and was the nation's first-ever Deputy Assistant Secretary for Women's Health. She currently works as a visiting professor with the MIT Media Lab.Dr. Blumenthal discusses the changing landscape for women’s health, and key research within the field, with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said US broadcast networks should face scrutiny over their licenses if they’re too critical of him, in what amounts to his furthest-reaching threat to media freedoms.“When you have a network and you have evening shows, and all they do is hit Trump,” Trump told reporters aboard Air Force One on Thursday. “I would think maybe their license should be taken away.”The president was defending ABC’s decision to suspend Jimmy Kimmel’s show indefinitely over the late-night host’s remarks about the death of conservative activist Charlie Kirk.Trump’s latest comments came days after he filed a $15 billion lawsuit against the New York Times. The president and his Republican allies have long complained that America’s mainstream media is biased against conservatives. Trump has repeatedly called for CBS, ABC and NBC to get rid of late night comedy hosts who are frequently critical of his administration.On Wednesday, Walt Disney Co.’s ABC network said it is taking Jimmy Kimmel Live! off the air indefinitely following a backlash from conservatives over the late-night host’s comments about Kirk. Earlier Thursday, Trump backed ABC’s decision to remove Kimmel amid pressure from network affiliates who had said they were pulling the show.Today's show features: Katie Fallow, Deputy Litigation Director for the Knight First Amendment Institute at Columbia University, on Walt Disney’s ABC network taking Jimmy Kimmel Live! off the air indefinitely following the comedian’s comments about Charlie Kirk Bloomberg Tech Co-Host Ed Ludlow on Nvidia’s $5 billion investment in Intel Chris Miller, Professor of International History at The Fletcher School at Tufts University, on the geopolitical forces shaping the global ecosystem for semiconductors Aaron Kennon, CEO of Clear Harbor Asset Management, on the outlook for the market and US monetary policy See omnystudio.com/listener for privacy information.

New York City's Brooklyn Navy Yard has evolved from a collection of warehouses into a model for 21st-century manufacturing, where climate-tech, smart city solutions, and advanced fabrication companies grow alongside distilleries, designers, and robotics startups. Now, the mission-driven industrial park is prompting a broader rethink of what manufacturing looks like in big cities, and how to solve some of today’s biggest problems, from climate change to health care access.Lindsay Greene, President and CEO of the Brooklyn Navy Yard, discusses her vision for the Big Apple's business ecosystem. Lindsay speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs.Chair Jerome Powell pointed to growing signs of weakness in the labor market to explain why officials decided it was time to cut rates after holding them steady since December amid concerns over tariff-driven inflation.The decision comes at an extraordinary moment for the Fed. President Donald Trump, who has demanded drastic rate reductions and sought to exert more control over the US central bank, continued his legal battle this week to remove one official from the Fed board and install his own top economic adviser ahead of the highly anticipated gathering.Fed Governor Lisa Cook and newly-sworn-in Governor Stephen Miran, who is on a temporary leave from his role as chair of the White House Council of Economic Advisers, both attended the meeting.The Federal Open Market Committee voted 11-1 on Wednesday to cut the target range for the federal funds rate to 4%-4.25%, after holding rates steady for five straight meetings this year.Today's show features: Danielle DiMartino Booth, CEO and Chief Strategist at QI research, on what to watch for from the FOMC for the rest of 2025 Ethan Penner, 2026 Candidate for Governor of California and Managing Partner and co-Founder of Mosaic Real Estate Investors, on his political platform as an independent candidate Bloomberg "Open Interest" Co-Host Matt Miller on Tesla working on a redesign of its door handles that have drawn safety scrutiny Bloomberg News Reporter Zach Mider on Treasury Secretary Scott Bessent’s contradictory mortgage pledges See omnystudio.com/listener for privacy information.

Language-learning platform on Tuesday announced the launch of its new feature called Babbel Speak, which is designed to help first-time learners go from silence to speech. Introduced to the Babbel app via a new tab on the home screen, the AI-powered, voice-led trainer solves one of the most common barriers in language learning: not knowing how to begin speaking. Newly appointed Babbel CEO Tim Allen, who took over the role in June, discusses his expectations for the enhanced features as well as competition from the likes of Duolingo, and wearable translation aides from Apple and Alphabet. Tim speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.TikTok’s American operations would be acquired by an investor consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a framework deal that US President Donald Trump is set to discuss with Chinese President Xi Jinping later this week. The tentative agreement, unveiled on Monday by senior US and Chinese officials after two days of talks in Madrid, would create a US-based version of the popular social media app with Oracle, Andreessen and Silver Lake all holding stakes in the new venture, according to people familiar with the matter. Under the deal, ByteDance Ltd.’s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024 requiring the Beijing-based company to divest or face a ban in the American market. If completed, with the blessing of Trump and Xi, the transaction would allow the video-sharing platform to keep operating in the US and remove a sticking point in US-China relations. The deal calls for Oracle to continue providing cloud services for TikTok in the US, a business that has become a steady source of revenue for the Austin-based company. Oracle already works with TikTok to host user data in the US and other countries as part of a multi-billion-dollar partnership TikTok has dubbed Project Texas.Today's show features: Bloomberg Businessweek Editor Brad Stone on TikTok's potential buyers and the evolution of social media platforms Katy Kaminsky, Chief Research Strategist and Portfolio Manager with AlphaSimplex Group, on the rates market and the Federal Reserve Adaire Fox-Martin, President and CEO of Equinix, on investing in American infrastructure Alli McCartney, Managing Director, Wealth Management and Private Wealth Advisor with Alignment Partners at UBS See omnystudio.com/listener for privacy information.

Adobe Inc. gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features. Sales will be about $6.08 billion to $6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. The San Jose, California-based company also boosted its annual forecast. Adobe has worked to weave artificial intelligence features, often based on its own generative models, into the company’s industry-standard products like Photoshop. That’s now helping spur growth. Anil Chakravarthy, the company's President of Digital Experience Business, Worldwide Field Operations, discusses the company’s strong earnings results and its announcement of the acceleration of its AI innovation adoption, including its push into the use of AI Agents. Anil speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he would speak with Chinese leader Xi Jinping on Friday as US and Chinese officials reached a framework deal on keeping the TikTok app running in the US.It would be the first direct engagement between Trump and Xi since June.“I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!,” Trump said in a post on social media Monday. Referring to a meeting of top officials between the two nations in Madrid, Trump also said that the session “has gone VERY WELL!”US Treasury Secretary Scott Bessent, who led the talks in Spain, told reporters that a framework to keep ByteDance Ltd.’s TikTok app running in the US had been reached. China’s Vice Commerce Minister Li Chenggang also told reporters in Madrid that a framework of “consensus” had been reached on TikTok, while cautioning that Beijing won’t sacrifice principles for a deal.The terms of the blueprint, and whether they would satisfy the requirements of a US national security law that took effect in January, remain unclear. But a US official emphasized that some arrangement was crucial in order for Trump and Xi to have their first in-person tête-à-tête later this year.Had there been no deal on TikTok, a Trump-Xi meeting on the sidelines of the Asia Pacific Economic Cooperation gathering in South Korea late next month would have been off the table, the official said. A Trump state visit to China would also have been off the table, the official added, speaking on condition of anonymity to discuss the sensitive issue.Today's show features: Bloomberg News White House Reporter Skylar Woodhouse on President Donald Trump and Xi Jinping’s expected talks Friday, and the potential for a resolution to the TikTok saga Yelena Shulyatyeva, Senior US Economist for The Conference Board, on this week’s FOMC policy meeting Bloomberg Businessweek Senior Reporter Max Chafkin on Elon Musk’s $1 billion Tesla stock purchase Brent Schutte, Chief Investment Officer of Northwestern Mutual Wealth Management on the outlook for US monetary policy  See omnystudio.com/listener for privacy information.