Zuckerberg Plans to Cut Metaverse Group's Budget Up to 30%

Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF. Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its nam…

CraftCo. CEO on the Alcohol Business Outlook

Holland, Michigan-based CraftCo. Brands has a diverse portfolio of craft spirits comprised of more than 30 spirits and liqueurs across the bourbon, gin, vodka, rye, and ready-to-drink categories. However, Bloomberg Intelligence notes that the use of weight-loss drugs stand to deepen alcohol's deman…

Payrolls at US Companies Fall by Most Since 2023, ADP Says

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market. Private-sector payrolls decreased by 32,000, according to ADP Research data released W…

Family Offices Look to Next Generation of Investors

New research from Bank of America Private Bank offers a rare look at how the world’s wealthiest families are preparing for a major generational handover, as nearly 60% expect a leadership transition within the next decade, and how next-gen leaders are reshaping investing, philanthropy, and innovati…

Crypto Firm Tied to Trumps Sees Shares Sink as Lockup Ends

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. American Bitcoin Corp. stock plunged on Tuesday after restricted shares of the crypto miner co-founded by Eric Trump were freed up to be traded. The selloff was swift. Shares lost more than half of their value in less than 30 mi…

Zscaler CEO Jay Chaudhry on Battling Global Cyber Threats

Cybersecurity giant Zscaler is a pioneer and global leader in zero trust security. Many of the world’s largest businesses, critical infrastructure organizations, and government agencies rely on Zscaler to secure users, branches, applications, data & devices, and to accelerate digital transformation…

Stock Rally Takes a Break as Crypto World Gets Hit

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. The start of a historically strong month on Wall Street saw stocks falling as traders shunned riskier corners of the market amid a selloff in cryptocurrencies. A rout in Japanese debt rippled through global bonds. Caution prev…

Black Friday Special

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. On this special edition of the show following Thanksgiving, Carol Massar and Vonnie Quinn discuss the day's trade, the state of the consumer and more. Today's show features: Dan O'Connell, CEO of Front Natalie Kotlyar Managing Pr…

Bloomberg Businessweek Weekend - November 28th, 2025

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, …

ACI Worldwide Raises Guidance, Commits to Digital Assets

ACI Worldwide, an innovator in global payments technology, delivers software solutions that power intelligent payments orchestration in real time so banks, billers, and merchants can drive growth, while continuously modernizing their payment infrastructures, simply and securely. In addition to repo…