Fastenal Company (Nasdaq: FAST) announced last month that Daniel Florness had communicated to the company's Board of Directors his decision to step down from his role as Chief Executive Officer of Fastenal on July 16, 2026. On December 19, 2025, Fastenal's Board appointed Jeffery M. Watts, Fastenal's current President and Chief Sales Officer, to succeed Mr. Florness as Fastenal's CEO effective as of July 16, 2026.


Florness joined Fastenal in 1996 and became CEO back in 2016. He expects to continue to serve as a Strategic Advisor to the firm's incoming CEO until early 2028. Dan joins to discuss the health of the company as he enters his final months at the helm, and how emerging technology has increasingly impacted the manufacturing landscape. Dan speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Fastenal Company (Nasdaq: FAST) announced last month that Daniel Florness had communicated to the company's Board of Directors his decision to step down from his role as Chief Executive Officer of Fastenal on July 16, 2026. On December 19, 2025, Fastenal's Board appointed Jeffery M. Watts, Fastenal's current President and Chief Sales Officer, to succeed Mr. Florness as Fastenal's CEO effective as of July 16, 2026.
 Florness joined Fastenal in 1996 and became CEO back in 2016. He expects to continue to serve as a Strategic Advisor to the firm's incoming CEO until early 2028. Dan joins to discuss the health of the company as he enters his final months at the helm, and how emerging technology has increasingly impacted the manufacturing landscape. Dan speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

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

Fastenal CEO on US Manufacturing, Emerging Tech, Leadership Challenges

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2465227d-350c-4945-a0f1-b3de01832b72/transcript

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


President Donald Trump indicated he’ll make changes to his administration’s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nationwide uproar.


The president said he was sending US border czar Tom Homan — who is seen as relatively measured compared to rivals, including Homeland Security Secretary Kristi Noem — to Minneapolis in a bid to deescalate tensions.


Trump also spoke with Minnesota Governor Tim Walz, telling the Democrat who he has derided as “grossly incompetent” that he would consider independent investigations into the shootings and reducing the number of federal agents in his state.


Later, the White House suggested it could remove US Customs and Border Protection personnel from Minnesota if state and local law enforcement adopted additional “cooperative measures” to assist in the apprehension of undocumented migrants.


Taken together, the comments indicated that Trump might recognize that his maximum pressure deportation campaign has eroded public faith in immigration officials as well as his own political standing. That poses a risk for Republicans heading into November’s midterm elections.
The federal government is at risk of a partial government shutdown at the end of the week after Senate Democrats said they could not back a funding bill without new curbs on immigration enforcement.


Today's show features:
Wendy Schiller, Professor of Political Science at Brown University, on President Donald Trump sending US border czar Tom Homan to Minneapolis amid a growing outcry over his immigration crackdown
Stephanie Guild, Chief Investment Officer at Robinhood Markets, on markets, retail investing trends., interest rates and Federal Reserve policy
Rebecca Homkes, Faculty at the London Business School and at Duke Corporate Executive Education, on how executives are responding to US tariff policy and economic uncertainty
Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management, provides a corporate earnings progress report and commentary on US monetary policy

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
 President Donald Trump indicated he&rsquo;ll make changes to his administration&rsquo;s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nationwide uproar.
 The president said he was sending US border czar Tom Homan &mdash; who is seen as relatively measured compared to rivals, including Homeland Security Secretary Kristi Noem &mdash; to Minneapolis in a bid to deescalate tensions.
 Trump also spoke with Minnesota Governor Tim Walz, telling the Democrat who he has derided as &ldquo;grossly incompetent&rdquo; that he would consider independent investigations into the shootings and reducing the number of federal agents in his state.
 Later, the White House suggested it could remove US Customs and Border Protection personnel from Minnesota if state and local law enforcement adopted additional &ldquo;cooperative measures&rdquo; to assist in the apprehension of undocumented migrants.
 Taken together, the comments indicated that Trump might recognize that his maximum pressure deportation campaign has eroded public faith in immigration officials as well as his own political standing. That poses a risk for Republicans heading into November&rsquo;s midterm elections. The federal government is at risk of a partial government shutdown at the end of the week after Senate Democrats said they could not back a funding bill without new curbs on immigration enforcement.
 Today's show features:
<ul>
<li>Wendy Schiller, Professor of Political Science at Brown University, on President Donald Trump sending US border czar Tom Homan to Minneapolis amid a growing outcry over his immigration crackdown</li>
<li>Stephanie Guild, Chief Investment Officer at Robinhood Markets, on markets, retail investing trends., interest rates and Federal Reserve policy</li>
<li>Rebecca Homkes, Faculty at the London Business School and at Duke Corporate Executive Education, on how executives are responding to US tariff policy and economic uncertainty</li>
<li>Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management, provides a corporate earnings progress report and commentary on US monetary policy</li>
</ul>

Trump Signals Deportation Strategy Shift After Minnesota Outcry

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ee9062f2-5f67-4099-b58f-b3de0186982d/transcript

When French President Emmanuel Macron walked out onto a Davos stage sporting a pair of reflective blue aviator sunglasses, Stefano Fulchir, the CEO of iVision Tech SpA, did a double take. Almost immediately, orders starting pouring in for Macron’s frames, the brand’s Doublé or Laminé aviators that retail for €659. The attention on the sunglasses garnered almost as much commentary as Macron’s speech in which he blasted US trade policy.
The French president wore the sunglasses after having what he termed a benign but unsightly issue, about which he joked last week in France. A spokesman for Macron confirmed the glasses were part of Henry Jullien’s brand.
Stefano discusses the sudden sales boom for the high-end eyewear, and the family-owned company's growth plans. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

When French President Emmanuel Macron walked out onto a Davos stage sporting a pair of reflective blue aviator sunglasses, Stefano Fulchir, the CEO of iVision Tech SpA, did a double take. Almost immediately, orders starting pouring in for Macron&rsquo;s frames, the brand&rsquo;s Doubl&eacute; or Lamin&eacute; aviators that retail for &euro;659. The attention on the sunglasses garnered almost as much commentary as Macron&rsquo;s speech in which he blasted US trade policy. The French president wore the sunglasses after having what he termed a benign but unsightly issue, about which he joked last week in France. A spokesman for Macron confirmed the glasses were part of Henry Jullien&rsquo;s brand. Stefano discusses the sudden sales boom for the high-end eyewear, and the family-owned company's growth plans. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Macron’s Blue Aviators Spur 70% Surge in Tiny Italian Firm

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4c05d2f1-cb76-406b-939c-b3db0184ae87/transcript

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, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

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, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Bloomberg Businessweek Weekend - January 23rd, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d7ee8c61-18db-49e9-983f-b3db00ffdf90/transcript

Fastenal CEO on US Manufacturing, Emerging Tech, Leadership Challenges

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