Cart.com was founded just over four years ago, and recently closed a $50 million funding round to bring the company's valuation to $1.6 billion. The company has grown rapidly and become one of the leading logistics and supply chain providers in the US. Revenue is nearing $400 million and the company has emerged as a viable pre-IPO candidate.

Omair Tariq, the founder and CEO of Cart.com, discusses the business of logistics and transportation amid a global trade war. Omair speaks with Tim Stenovec and Norah Mulinda on Bloomberg Businessweek Daily.

Cart.com was founded just over four years ago, and recently closed a $50 million funding round to bring the company's valuation to $1.6 billion. The company has grown rapidly and become one of the leading logistics and supply chain providers in the US. Revenue is nearing $400 million and the company has emerged as a viable pre-IPO candidate. Omair Tariq, the founder and CEO of Cart.com, discusses the business of logistics and transportation amid a global trade war. Omair speaks with Tim Stenovec and Norah Mulinda on Bloomberg Businessweek Daily.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. 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 cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<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

ICYMI: Building a Logistics Empire From the Ground Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9e196769-4490-4bf8-8232-b317015f27a9/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Inflation-adjusted personal spending climbed 0.6% in August from a month earlier, for the biggest monthly jump since March 2025. The Federal Reserve’s preferred measure of underlying inflation, the personal consumption expenditures price index excluding food and energy, rose a less-than-expected 0.2%. The prior month was also revised lower. 

On today's episode:
Mike McKee, Bloomberg News & Lindsey Piegza, Chief Economist at Stifel
David Bahnsen, Founder & CIO at The Bahnsen Group
Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist
Jennifer Palmer, Founder & CEO at JPalmer Collective

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Inflation-adjusted personal spending climbed 0.6% in August from a month earlier, for the biggest monthly jump since March 2025. The Federal Reserve&rsquo;s preferred measure of underlying inflation, the personal consumption expenditures price index excluding food and energy, rose a less-than-expected 0.2%. The prior month was also revised lower. On today's episode:
<ul>
<li>Mike McKee, Bloomberg News &amp; Lindsey Piegza, Chief Economist at Stifel</li>
<li>David Bahnsen, Founder &amp; CIO at The Bahnsen Group</li>
<li>Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist</li>
<li>Jennifer Palmer, Founder &amp; CEO at JPalmer Collective</li>
</ul>

US Inflation Surprise Curbs Fed Hike Bets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e0422a72-b32d-4f11-8530-b4d50160f3f5/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Apple Inc. Chief Executive Officer John Ternus, just weeks into the role, is moving to overhaul the iPhone maker in an effort to accelerate product development, broaden its range of devices and create a leaner organization with a greater focus on engineering.

The plans, which Ternus has discussed internally with colleagues, offer the first signs of how Apple’s former hardware engineering chief intends to reshape the company following Tim Cook’s 15-year tenure as CEO. We take a closer look with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Apple Inc.&nbsp;Chief Executive Officer&nbsp;John Ternus, just weeks into the role, is moving to overhaul the iPhone maker in an effort to accelerate product development, broaden its range of devices and create a leaner organization with a greater focus on engineering. The plans, which Ternus has discussed internally with colleagues, offer the first signs of how Apple&rsquo;s former hardware engineering chief intends to reshape the company following&nbsp;Tim Cook&rsquo;s 15-year tenure as CEO.&nbsp;We take a closer look with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.

Apple CEO Eyes Faster Product Releases, Fewer Middle Managers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/76437052-c7f9-487f-92f0-b4d401590dec/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

OpenAI has unveiled an always-on artificial intelligent agent that’s designed to proactively tackle work on a user’s behalf, competing with firms like Meta Platforms Inc. in a growing field for AI-powered digital assistants. The product, called Dots, is capable of using a computer and pulling information from various connected applications to conduct research, draft documents and develop software, OpenAI said on Tuesday.

On today's episode:
OpenAI CEO Sam Altman & Ed Ludlow, Host of Bloomberg Tech
Dave Lee, Bloomberg Opinion Columnist
Ann Miletti, Head of Equity Investments at Allspring Global Investments
Ian Rogers, Chief Human Agency Officer at Ledger

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> OpenAI has unveiled an always-on artificial intelligent agent that&rsquo;s designed to proactively tackle work on a user&rsquo;s behalf, competing with firms like Meta Platforms Inc. in a growing field for AI-powered digital assistants. The product, called Dots, is capable of using a computer and pulling information from various connected applications to conduct research, draft documents and develop software, OpenAI said on Tuesday. On today's episode:
<ul>
<li>OpenAI CEO Sam Altman &amp; Ed Ludlow, Host of Bloomberg Tech</li>
<li>Dave Lee, Bloomberg Opinion Columnist</li>
<li>Ann Miletti, Head of Equity Investments at Allspring Global Investments</li>
<li>Ian Rogers, Chief Human Agency Officer at Ledger</li>
</ul>

OpenAI Unveils Always-On AI Agent Dots, New $500 Paid Tier

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2ddec03c-8f17-43bd-883d-b4d40161d3a0/transcript

ICYMI: Building a Logistics Empire From the Ground Up

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