Everybody's Business: Trade War Winners and Harvard’s $2 Billion “No”
In the third (semi-secret) episode of Bloomberg Businessweek's new podcast Everybody’s Business, Businessweek Editor Brad Stone fills in for Max Chafkin and joins Stacey Vanek Smith to talk trade war winners an losers. Though uncertainty still surrounds many of the Trump Administration's tariff policies, some trends are starting to emerge. Brad and Stacey select their winners and losers based on what we know so far. And Harvard University is making headlines this week as it pushed back against Trump Administration demands. Now the University is at risk of losing billions of dollars in federal funding as well as its tax exempt status. Reporter Janet Lorin has been following the story and explains the stakes: What does it mean for universities if they lose federal money and why is the story captivating us so much? Finally, Everybody's Business goes to space. A group of women, including entertainer Katie Perry and CBS's Gayle King, went on a short trip to space. The voyage has been heavily critiqued, but Brad argues that this is, indeed, a milestone.See omnystudio.com/listener for privacy information.
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31:46
Has DOGE Gone Underground?
It’s tax day in the US, and the Internal Revenue Service is reeling from more potential firings courtesy of Donald Trump, Elon Musk and their “Department of Government Efficiency” or “DOGE.” But DOGE headlines seem to have abated of late. What does it mean? Has Musk turned his gaze back to his actual businesses? Has the media’s attention span run out? Are the South Africa native’s efforts to terminate tens of thousands of government employees and shutter federal agencies—potentially in violation of federal law—continuing under the radar? Plus, what is going on with Tesla shares amid all the tariff-inspired volatility? To talk DOGE, guest host Joel Weber of Bloomberg Explains is joined by Elon Musk reporter Dana Hull and Wired senior writer Makena Kelly. Then Bloomberg stocks reporter Esha Dey joins to talk Tesla ahead of next week’s earnings report.See omnystudio.com/listener for privacy information.
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26:53
Everybody's Business: Tariffs Interrupted--Bonds, iPhones and an Ancient Howl
In the second episode of Bloomberg BusinessWeek’s new podcast Everybody’s Business, Max Chafkin and Stacey Vanek Smith talk market turmoil. The stock market has been on a wild ride ever since the Trump Administration put sweeping tariffs in place, but it was trouble in the bond market that seemed to get the President’s attention and inspire the White House to hit pause on the tariffs. Tracy Alloway of the Odd Lots podcast joins to help explain. And what does a big, global company like Apple do in a protectionist world? Mark Gurman, Bloomberg’s Chief Correspondent covering consumer technology, explains why the tariff announcement has hit Apple’s stock especially hard and how much you can expect the price of your iPhone to rise. Finally, have scientists unearthed an ancient howl? Stacey is blown away while Max is (unsurprisingly) skeptical.See omnystudio.com/listener for privacy information.
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33:06
Trumpland vs. Elon vs. Tariffs
When Donald Trump unveiled that big list of countries and their respective tariffs, the markets reacted immediately by nosediving. In the days since, business leaders, tech founders and global CEOs have been making noise about how their companies will be negatively impacted. And even though Elon Musk is now part of the Trump administration, he’s also jumped into the fray, feuding with Trump adjutant Peter Navarro on (where else?) X. This is the biggest split between Trump and Musk we’ve seen yet. To talk about these developments, Elon, Inc. regulars Dana Hull and Max Chafkin are joined by Bloomberg editor Craig Trudell and political correspondent Nancy Cook. See omnystudio.com/listener for privacy information.
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33:13
Everybody's Business: Tariffs, TikTok, Torpedos
In the first episode of Bloomberg Businessweek’s new podcast Everybody’s Business, Max Chafkin and Stacey Vanek Smith try to make sense of “Liberation Day”—Donald Trump’s recent introduction of steep tariffs on imports from seemingly every corner of the globe. Will these taxes "fix" the economy like a hammer helps a headache? Or are they a tool to change an unsustainable system of global trade? Then Businessweek editor Brad Stone joins to discuss reported recent attempts of Amazon’s Jeff Bezos and Oracle’s Larry Ellison to acquire TikTok. After a dramatic near-decade of politicians trying to cancel the app in the US, will an unlikely cabal of investors manage to save America’s new favorite pastime? Also, Max shares what story he thinks deserved more attentions this week. It’s all about bats. Everybody’s Business is a Businessweek production. It will live in the Elon, Inc. feed for a few weeks until it gets its own home starting May 16th.See omnystudio.com/listener for privacy information.
Elon Musk’s sprawling business empire has granted the billionaire a degree of power and global influence that transcends the industries he’s reshaped. He is the leader of no fewer than six hugely influential companies, spanning electric vehicles to wartime communications, and their innovations could shape the fates of nations.
Musk is polarizing, confounding and inescapable. And he is the biggest business story of our time.
Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul's latest moves and analyze what they could mean for us all.
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