Brooks Running creates performance running footwear, apparel, sports bras, and accessories distributed worldwide. Since 1914, Brooks has been focused on designing products that cater specifically to how humans move, pushing the limits of motion science, engineering, and technology. Brooks is a subsidiary of Berkshire Hathaway Inc. and is headquartered in Seattle.

Dan Sheridan began his journey with Brooks in 1998 as a field rep, building and driving the company’s strategy and growth in every role as he increased his responsibilities and leadership impact. He discusses the firm's full-year results from 2025, which turned out to be a record year. Dan speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Brooks Running creates performance running footwear, apparel, sports bras, and accessories distributed worldwide. Since 1914, Brooks has been focused on designing products that cater specifically to how humans move, pushing the limits of motion science, engineering, and technology. Brooks is a subsidiary of Berkshire Hathaway Inc. and is headquartered in Seattle.
Dan Sheridan began his journey with Brooks in 1998 as a field rep, building and driving the company&rsquo;s strategy and growth in every role as he increased his responsibilities and leadership impact. He discusses the firm's full-year results from 2025, which turned out to be a record year. Dan speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Berkshire-Owned Brooks Running Sees Another Record Year

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1530d9aa-b1e2-4ffc-9c6e-b3ef0173ab4c/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Coinbase Global Inc. showed how quickly a cooling crypto market can pressure even one of the industry’s most diversified exchanges.

Revenue in the fourth quarter tumbled a more-than-estimated 20% to $1.8 billion. The company swung to a net loss of $667 million compared with a $1.3 billion profit from the same period last year, as falling token prices drained trading activity across digital assets and forced Coinbase to mark down the value of its crypto holdings.

The results arrive as Bitcoin has fallen nearly 50% from October’s high, a retreat that has left many retail traders sitting on the sidelines and revived comparisons to earlier crypto downturns. Those cycles have often forced exchanges to retrench quickly, and early signs suggest this one may follow a similar pattern.

Rival exchange Gemini Space Station said last week that it plans to cut up to 25% of its workforce and scale back international operations, underscoring how rapidly weaker markets can translate into operational pressure. Kraken’s chief financial officer departed the exchange, which reported sequentially lower fourth-quarter revenue. Robinhood Markets Inc. said this week its revenue from crypto trading declined 38%.

Today's show features:
Bloomberg New Equities Reporter Monique Mulima breaks down quarterly earnings from Coinbase
Bloomberg News Senior Editor, Equities Americas Eric Weiner and Senior Editor Ed Harrison on continued Wall Street jitters due to concern over technology profits and the impact of AI on various sectors
Bloomberg Economics US and Canada Economist Stuart Paul on a new report from his team breaking down the potential economic costs of various geopolitical ruptures
Steve Moore, Co-Founder of Unleash Prosperity and a former Trump Economic Advisor, on the US economic and monetary policy outlook

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>.
Coinbase Global Inc. showed how quickly a cooling crypto market can pressure even one of the industry&rsquo;s most diversified exchanges.
Revenue in the fourth quarter tumbled a more-than-estimated 20% to $1.8 billion. The company swung to a net loss of $667 million compared with a $1.3 billion profit from the same period last year, as falling token prices drained trading activity across digital assets and forced Coinbase to mark down the value of its crypto holdings.
The results arrive as Bitcoin has fallen nearly 50% from October&rsquo;s high, a retreat that has left many retail traders sitting on the sidelines and revived comparisons to earlier crypto downturns. Those cycles have often forced exchanges to retrench quickly, and early signs suggest this one may follow a similar pattern.
Rival exchange Gemini Space Station said last week that it plans to cut up to 25% of its workforce and scale back international operations, underscoring how rapidly weaker markets can translate into operational pressure. Kraken&rsquo;s chief financial officer departed the exchange, which reported sequentially lower fourth-quarter revenue. Robinhood Markets Inc. said this week its revenue from crypto trading declined 38%. Today's show features:
<ul>
<li>Bloomberg New Equities Reporter Monique Mulima breaks down quarterly earnings from Coinbase</li>
<li>Bloomberg News Senior Editor, Equities Americas Eric Weiner and Senior Editor Ed Harrison on continued Wall Street jitters due to concern over technology profits and the impact of AI on various sectors</li>
<li>Bloomberg Economics US and Canada Economist Stuart Paul on a new report from his team breaking down the potential economic costs of various geopolitical ruptures</li>
<li>Steve Moore, Co-Founder of Unleash Prosperity and a former Trump Economic Advisor, on the US economic and monetary policy outlook</li>
</ul>

Coinbase Posts $667 Million Loss, Revenue Declines 20%

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff5cde4a-416a-49f4-9ae5-b3ef01757927/transcript

Sage Geosystems is a Houston-based geothermal energy startup founded in 2020 that develops next-generation, pressure-based geothermal technology for power generation and long-duration energy storage. Their systems create artificial underground reservoirs in hot, dry rock to harness both heat and pressure for efficient electricity production.

Cindy Taff, the CEO of Sage Geosystems, is focused on advancing the deployment of her firm's energy-storage solutions worldwide. She discusses the complexities of using the same tools to unlock clean energy as are used to drill for oil, and explains why she sees the so-called "shale revolution" as a harbinger of a forthcoming "geothermal revolution." Cindy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Sage Geosystems is a Houston-based geothermal energy startup founded in 2020 that develops next-generation, pressure-based geothermal technology for power generation and long-duration energy storage. Their systems create artificial underground reservoirs in hot, dry rock to harness both heat and pressure for efficient electricity production.
Cindy Taff, the CEO of Sage Geosystems, is focused on advancing the deployment of her firm's energy-storage solutions worldwide. She discusses the complexities of using the same tools to unlock clean energy as are used to drill for oil, and explains why she sees the so-called "shale revolution" as a harbinger of a forthcoming "geothermal revolution." Cindy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Sage Geosystems CEO on the Promise of Geothermal Energy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8790248f-5dc1-45e5-985e-b3ee017106b0/transcript

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026.
Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed revisions to the prior year, which showed a marked slowdown in hiring. Job gains averaged just 15,000 a month last year, down from the initially reported 49,000 pace.

The report suggests the labor market is finding its footing after a year marked by rising unemployment and minimal hiring. While economists expect hiring to remain generally sluggish in 2026, more clarity around the impact of President Donald Trump’s economic policies and lower borrowing costs could encourage some employers to boost headcount.

The January data reinforces Federal Reserve officials’ inclination to keep interest rates on hold for now. Many traders appeared to push out their timeline for the next rate cut to July from June.
In leaving rates unchanged last month, Chair Jerome Powell cited signs of steadying in the job market.

“Coming off of a hiring recession in 2025, this is welcome news,” said Heather Long, chief economist at Navy Federal Credit Union. “I think Fed Chair Powell was right — the labor market appears to be stabilizing.”

Today's show features:
Constance Hunter, Chief Economist at the EIU (Economist Intelligence Unit), on the late-arriving January nonfarm payrolls report
Aaron Jagdfeld, Chairman, President and CEO of Generac, on earnings, the state of manufacturing in America, and US trade policy impact
Bloomberg News White House Editor Jordan Fabian on President Donald Trump reportedly mulling an exit from the North American trade pact that he helped negotiate, the USMCA
Lauren Sanfilippo, Senior Investment Strategist, for Merrill and Bank of America Private Bank, on US consumer resilience and private sector growth

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026. Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed revisions to the prior year, which showed a marked slowdown in hiring. Job gains averaged just 15,000 a month last year, down from the initially reported 49,000 pace. The report suggests the labor market is finding its footing after a year marked by rising unemployment and minimal hiring. While economists expect hiring to remain generally sluggish in 2026, more clarity around the impact of President Donald Trump&rsquo;s economic policies and lower borrowing costs could encourage some employers to boost headcount. The January data reinforces Federal Reserve officials&rsquo; inclination to keep interest rates on hold for now. Many traders appeared to push out their timeline for the next rate cut to July from June. In leaving rates unchanged last month, Chair Jerome Powell cited signs of steadying in the job market. &ldquo;Coming off of a hiring recession in 2025, this is welcome news,&rdquo; said Heather Long, chief economist at Navy Federal Credit Union. &ldquo;I think Fed Chair Powell was right &mdash; the labor market appears to be stabilizing.&rdquo; Today's show features:
<ul>
<li>Constance Hunter, Chief Economist at the EIU (Economist Intelligence Unit), on the late-arriving January nonfarm payrolls report</li>
<li>Aaron Jagdfeld, Chairman, President and CEO of Generac, on earnings, the state of manufacturing in America, and US trade policy impact</li>
<li>Bloomberg News White House Editor Jordan Fabian on President Donald Trump reportedly mulling an exit from the North American trade pact that he helped negotiate, the USMCA</li>
<li>Lauren Sanfilippo, Senior Investment Strategist, for Merrill and Bank of America Private Bank, on US consumer resilience and private sector growth</li>
</ul>

US Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f77dd32b-6df8-49a7-b996-b3ee0171020f/transcript

Berkshire-Owned Brooks Running Sees Another Record Year

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