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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240714

Carol plus, a defiant Boris Johnson dragged back to parliament to explain why he broke the law. We take a look at what a hard brexit might look like. President trumps political future among the topics front at center at bloombergs forum in new york. When you added together, i think what it leads to is not a recession, but a slow down growth globally, which is what we are experiencing. Carol more on that ahead. First up, here is editor joel weber on this weeks cover story. Code. Lds in the age of this is one of the hallmarks of businessweek, these strategy stories that we sometimes do. It is a look at how mcdonalds has been thriving for the past five years or so. Share price keeps going up under the ceo. In the past six months, he has really doubled down on tech. Carol that is something that i did not realize. He has made a bunch of acquisitions in ai, Voice Recognition technologies. Earlier this month was his latest. What we are seeing is mcdonalds transitioning from being a Fast Food

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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Jason first up, a private equity takeover of the finance section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joins us now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World Without yield anywhere, ho

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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240714

Carol welcome to Bloomberg Businessweek. I am carol massar inside bloomberg headquarters in new york. This week, political troubles on both sides of the atlantic. A formal impeachment inquiry is opened on President Trump. Therefore today, i am announcing the house of representatives moving forward with an official impeachment inquiry. Carol plus, a defiant Boris Johnson dragged back to parliament to explain why he broke the law. We take a look at what a hard brexit might look like. President trumps political future among the topics front at center at bloombergs forum in new york. When you added together, i think what it leads to is not a recession, but a slow down growth globally, which is what we are experiencing. Carol more on that ahead. First up, here is editor joel weber on this weeks cover story. This is one of the hallmarks of businessweek, these strategy stories that we sometimes do. It is a look at how mcdonalds has been thriving for the past five years or so. Share price keep

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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240714

Carol porsche unveiling its first ever electric car in a battle to steal the market that tesla built. We look at the taycan turbo. Jason our big story of the week, brexit. Boris johnsons do or die strategy to exit the eu was derailed and his plan for a general election was rejected. Carol what a week. Having bet everything on getting britain out of the European Union by october 31, now he really cant back down. Lets bring in our editor from london on whats next for the u. K. Prime minister and if he will need to delay brexit. What a week it was for Boris Johnson. How weakened is he as leader of the u. K. . Boris johnson is completely trapped. He has been british Prime Minister only six weeks and has already discovered that there is not a great deal that he can do. He is in charge of a government that has no majority at all in the house of commons, because not least, he decided to fire 21 members of his own party. He refused to follow his instructions. It is an extremely difficult situa

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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240714

Jason new york bans predatory loans, a practice brought to light last year with a series of stories, including a cover of businessweek on how an obscure legal document turned the court system into a Debt Collection machine. We will take a look at the new legislation and its impact. Carol porsche unveiling its first ever electric car in a battle to steal the market that tesla built. We look at the taycan turbo. Jason our big story of the week, brexit. Boris johnsons do or die strategy to exit the eu was derailed and his plan for a general election was rejected. Carol what a week. Having bet everything on getting britain out of the European Union by october 31, now he really cant back down. Lets bring in our editor from london on whats next for the u. K. Prime minister and if he will need to delay brexit. What a week it was for Boris Johnson. How weakened is he as leader of the u. K. . Boris johnson is completely trapped. He has been british Prime Minister only six weeks and has already

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