Big Take

Bill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering.

Today, Bloomberg’s Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang’s rise and fall and why his trial promis...

Since 2020, Salesforce CEO and co-founder Marc Benioff has been on a mission to plant and preserve one trillion trees. The idea behind his initiative, 1t.org, is simple: A tree is good at taking carbon dioxide out of the environment. And more trees mean more greenhouse gas removal.

Four years, millions of dollars, and dozens of pledges from non-profits, NGOs, national governments, and private companies later – how close is Benioff...

Omaha, Nebraska, is billionaire Warren Buffett’s hometown. A quirk in the state’s election law also means it could wind up deciding the 2024 presidential election.

On this episode, Big Take DC host Saleha Mohsin talks to Nebraska Democratic Party Chair Jane Kleeb and Bloomberg White House reporter Josh Wingrove, who traveled to Nebraska, to understand the fight to secure Omaha’s vote and the possibility of Warren Buffett entering ...

Canada has seen rapid immigration-fueled population growth in recent years. That’s boosted its economy, but housing production hasn’t kept up. The limited supply and growing demand has exacerbated an existing affordable housing crisis and inspired calls not only to build more, but to impose stricter limits on immigration. A similar dynamic is playing out across advanced economies like Australia and the UK.

On today’s Big Take podc...

At the end of last year, the Chair of the US Federal Reserve hinted at cutting interest rates – staving off an expected recession. It was a welcome surprise for many people watching the markets. Five months into 2024, he’s poised to pivot again. 

On today’s Big Take, host David Gura talks with Fed editor Kate Davidson and Bloomberg Economics’ Anna Wong about the Fed’s latest moves and what to expect from this week’s Federal Open M...

Experts have long held up Australia’s 32-year-old “superannuation” system as the retirement model to follow. But as countries all around the world are bracing for a “silver tsunami” of aging baby boomers, even Australians worry they don’t have enough saved.

Today, host Sarah Holder and Bloomberg’s Amy Bainbridge discuss what makes this system so super — and why it’s still falling short.

See omnystudio.com/listener for privacy...

Protestors at universities across the country have been demanding that their institutions divest from companies that are tied to Israel or the war in Gaza, a demand universities have long rejected as antisemitic.

On today’s Big Take podcast, Sarah Holder talks to Bloomberg higher education reporter Janet Lorin and California reporter Eliyahu Kamisher about what’s really inside endowment funds and why universities are unlike...

The US public’s trust in the media, and the government, is markedly low. A recent Gallup poll found only about 30 percent of Americans trust the media — and Pew Research found only 16 percent trust their government.

Bloomberg’s Jason Leopold is using records to try to change that. He’s filed over 9,000 requests through the Freedom of Information Act, or FOIA — a Cold War era law meant to ensure the right to transparency from the U...

Gucci was once a symbol of red-carpet luxury, but its brand, along with its sales numbers, is faltering. This Tuesday, Gucci’s parent company Kering reported its latest earnings: Gucci’s comparable revenue dropped by 18% in the first quarter this year. Kering also warned that recurring operating income will continue to plummet in the first six months of this year.

On today’s Big Take podcast, Bloomberg’s Angelina Rascouet an...

The discovery of natural gas in Qatar back in the 1970s was a transformative economic windfall for the country and its long-time rulers, the Al Thani royal family. Since then, the Al Thanis have been spending that money to build Qatar’s global brand – while strengthening diplomatic ties with powerful, and sometimes unlikely, allies.

On today’s Big Take podcast, Bloomberg wealth reporter Devon Pendleton joins host Sarah Hold...

The US and the Philippines kicked off one of the largest military exercises in waters near the South China Sea on Monday. These joint military drills take place annually but this year’s come amid rising tensions between China and the Philippines. The countries are sparring over control of the waterway, which is rich in energy reserves.

On today’s Big Take, host Oanh Ha and Bloomberg Senior Editor Bill Faries break down why who con...

Divyendra Jadoun, known as “The Indian Deepfaker,” is having a pretty busy year. The 31-year-old has built a business around making deep fakes for politicians in India — campaign-style videos where candidates appear to address voters by name.

On today’s Big Take podcast, Bloomberg’s Bangalore-based AI reporter Saritha Rai and EU policy reporter Jillian Deutsch join host David Gura to explore the growing demand for these campaign d...

Tires and doors falling off mid-flight. A top US official stranded because of a 737 jet maintenance issue. Boeing is facing the ire of US lawmakers, scrutiny from its key regulator, and pressure from Wall Street ahead of an earnings report — all as it struggles to rebuild trust with passengers after a string of crises.

On today’s episode, Big Take DC host Saleha Mohsin digs into Boeing’s rise and fall with reporter Julie Joh...

In a frightening trend, scammers are catfishing teen boys and trying to extort them — and there have been tragic outcomes. The FBI says this type of crime, which it calls “sextortion,” is one of the fastest growing crimes targeting children in the US. 

Today, host David Gura talks to Bloomberg investigative reporter Olivia Carville about how teen boys are targeted online — and how these crimes impact the victims and their families...

Over the weekend, Iran deployed hundreds of drones and missiles in an attack on Israel. Now, Israel weighs its response as US officials and their allies try to prevent further escalation.

On today’s Big Take podcast, Israel bureau chief Ethan Bronner and national security editor Nick Wadhams join host David Gura to discuss what happened over the weekend, and where this conflict could go from here.

See omnystudio.com/listener for pr...

Bluey, the Australian animated TV show about a family of Blue Heeler dogs, is worth $2 billion. But is Bluey worth that without the show’s auteur Joe Brumm in the picture? The release of a special extended episode coming this weekend is sparking rumors about the smash-hit sensation.

On today’s Big Take podcast, Bloomberg’s Devin Leonard and Reyhan Harmanci joi...

A Japanese company’s bid to buy US Steel has sparked a fight with the United Steelworkers union — and put the company at the center of the 2024 presidential contest.

Today on the Big Take, Bloomberg reporters Joe Deaux and Josh Wingrove join host David Gura to trace why the deal came to a halt, how the company fits into Joe Biden and Donald Trump’s brands of political nostalgia, and why the fate of this deal could have an o...

It’s college acceptance season and many students are facing a decision: prestigious private universities versus cheaper public options. But if they’re looking at college as an investment in their future, there are some metrics worth considering.

Today on the Big Take podcast, personal finance reporters Paulina Cachero and Francesca Maglione join host Sarah Holder to dig into data on the return on investment at colleges and u...