Carol welcome to Bloomberg Businessweek. Im carol massar. Jason and im jason kelly. We are here inside bloomberg headquarters in new york. Carol this week, turkey launches a major offensive in syria, and President Trump says the United States will not stand in the way. The surprise announcement heard around the world, and the not so surprising winner in all of this. Jason plus, vaping closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed viewed as a stepping stone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of h
Of the leadership that President Trump has brought to this economy over the last two and a half years. Maria so if the economy is booming, why do we need a bigger cut than a quarter point . Well, i think, i think we certainly welcomed a 25 basis points cut, but what the president s been calling for is a level Playing Field with our trading partners and competitors. Maria and markets are very close to record highs on the heels of the cut in Interest Rates this week. I also had a chance this week to get the chairman and ceo and founder of the blackstone group, Steven Schwartzmans, take on Interest Rates in this exclusive sitdown. What thats telling us, that the Global Economy is slowing down. And Central Banks are trying to get in the way of that and stop the rate of decrease. Maria yeah, but is it going to work, steve in i mean, a lot of people feel like what is a quarter point going to do, and can Monetary Policy do anything more significant at this point . Well, i think it depends wha
Of the leadership that President Trump has brought to this economy over the last two and a half years. Maria so if the economy is booming, why do we need a bigger cut than a quarter point . Well, i think, i think we certainly welcomed a 25 basis points cut, but what the president s been calling for is a level Playing Field with our trading partners and competitors. Maria and markets are very close to record highs on the heels of the cut in Interest Rates this week. I also had a chance this week to get the chairman and ceo and founder of the blackstone group, Steven Schwartzmans, take on Interest Rates in this exclusive sitdown. What thats telling us, that the Global Economy is slowing down. And Central Banks are trying to get in the way of that and stop the rate of decrease. Maria yeah, but is it going to work, steve in i mean, a lot of people feel like what is a quarter point going to do, and can Monetary Policy do anything more significant at this point . Well, i think it depends wha
Surprising winner in all this. Jason plus, vaping. Closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. O isl and aramcos mega ip finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed as a steppingstone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better. But in the interim, youre going to lose some
Of the leadership that President Trump has brought to this economy over the last two and a half years. Maria so if the economy is booming, why do we need a bigger cut than a quarter point . Well, i think, i think we certainly welcomed a 25 basis points cut, but what the president s been calling for is a level Playing Field with our trading partners and competitors. Maria and markets are very close to record highs on the heels of the cut in Interest Rates this week. I also had a chance this week to get the chairman and ceo and founder of the blackstone group, Steven Schwartzmans, take on Interest Rates in this exclusive sitdown. What thats telling us, that the Global Economy is slowing down. And Central Banks are trying to get in the way of that and stop the rate of decrease. Maria yeah, but is it going to work, steve in i mean, a lot of people feel like what is a quarter point going to do, and can Monetary Policy do anything more significant at this point . Well, i think it depends wha