Bloomberg Businessweek Senior Reporter Amanda Mull break down how Gap, the iconic ’90s retailer, was on the precipice of death for years. Then CEO Richard Dickson finally had momentum for a comeback— and then came Trump.

Bloomberg Businessweek Senior Reporter Amanda Mull break down how Gap, the iconic &rsquo;90s retailer, was on the precipice of death for years. Then CEO Richard Dickson finally had momentum for a comeback&mdash; and then came Trump.

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

ICYMI: Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8cddf584-bcc6-421f-a22a-b306015a8a64/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 16th, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/78d3d7a0-3220-40a3-8df3-b3d4010156c3/transcript

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

US President Donald Trump is calling for an emergency wholesale electricity auction that, his administration says, will force technology companies to pay for the new power they need to run massive AI data centers under construction across the country.

The truth is Amazon.com Inc., Microsoft Corp., Alphabet Inc., Meta Platforms Inc., OpenAI and all the other major tech firms behind the AI data center boom are more than happy to shell out for more electricity generation. And they have been.

Amazon, Microsoft, Alphabet and Meta collectively spend hundreds of billions of dollars on capital investments annually, far exceeding the budgets of the entire utility segment. Data center developers have in fact already said they’d like to buy electricity off the nation’s power grids as opposed to signing contracts directly with power generators. That’s because grid rates can be cheaper, grids are equipped with backup resources and such systems can help stabilize supplies during extreme weather events. Hyperscalers have also been signing contracts to help bring back nuclear or build new nuclear.

Either way, the reality is tech companies have been trying to secure power from every source they can find — both on and off the grids — with data center power demand set to triple by 2035.

Today's show features:
Bloomberg News Senior Editor for Technology & Strategic Industries Michael Shepard on the White House working with a group of Northeastern state governors on an emergency wholesale electricity auction to push technology companies to fund new power plants
Lesley Marks, Chief Investment Officer, Equities at Mackenzie Investments, on where investors should be seeking returns in 2026 and the biggest risks to markets
Maja Vujinovic, CEO of Digital Assets at FG Nexus, on recent volatility in the cryptocurrency sector and key indicators for 2026
David George, Senior Research Analyst at Baird, recaps big bank earnings and looks ahead to another big week for the financial sector

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
US President Donald Trump is calling for an emergency wholesale electricity auction that, his administration says, will force technology companies to pay for the new power they need to run massive AI data centers under construction across the country.
The truth is Amazon.com Inc., Microsoft Corp., Alphabet Inc., Meta Platforms Inc., OpenAI and all the other major tech firms behind the AI data center boom are more than happy to shell out for more electricity generation. And they have been.
Amazon, Microsoft, Alphabet and Meta collectively spend hundreds of billions of dollars on capital investments annually, far exceeding the budgets of the entire utility segment. Data center developers have in fact already said they&rsquo;d like to buy electricity off the nation&rsquo;s power grids as opposed to signing contracts directly with power generators. That&rsquo;s because grid rates can be cheaper, grids are equipped with backup resources and such systems can help stabilize supplies during extreme weather events. Hyperscalers have also been signing contracts to help bring back nuclear or build new nuclear.
Either way, the reality is tech companies have been trying to secure power from every source they can find &mdash; both on and off the grids &mdash; with data center power demand set to triple by 2035.
Today's show features:
<ul>
<li>Bloomberg News Senior Editor for Technology &amp; Strategic Industries Michael Shepard on the White House working with a group of Northeastern state governors on an emergency wholesale electricity auction to push technology companies to fund new power plants</li>
<li>Lesley Marks, Chief Investment Officer, Equities at Mackenzie Investments, on where investors should be seeking returns in 2026 and the biggest risks to markets</li>
<li>Maja Vujinovic, CEO of Digital Assets at FG Nexus, on recent volatility in the cryptocurrency sector and key indicators for 2026</li>
<li>David George, Senior Research Analyst at Baird, recaps big bank earnings and looks ahead to another big week for the financial sector</li>
</ul>

Trump Wants Tech Giants to Pay for Power. They’d Love To.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/556af610-7650-407e-9e3c-b3d401755245/transcript

Rick Woldenberg runs two educational-toy businesses near Chicago, Learning Resources and hand2mind. The firms are considered to be among the world leaders in the development of over 2,000 experiential, hands-on learning materials, which are sold in more than 100 countries. But their products have been hit especially hard by President Donald Trump’s fluctuating global tariffs. Woldenberg’s companies sued last April to invalidate the tariffs as exceeding the president’s authority. The suit is now before the Supreme Court in one of the most economically important clashes in the country's history.

As global corporations await the American high court's ruling on the tariffs' legality, Woldenberg details their impact on his family-run firms, and how he's weathering the storm. Rick speaks with Carol Massar, Tim Stenovec and Bloomberg News Supreme Court Reporter on Bloomberg Businessweek Daily.

Rick Woldenberg runs two educational-toy businesses near Chicago, Learning Resources and hand2mind. The firms are considered to be among the world leaders in the development of over 2,000 experiential, hands-on learning materials, which are sold in more than 100 countries. But their products have been hit especially hard by President Donald Trump&rsquo;s fluctuating global tariffs. Woldenberg&rsquo;s companies sued last April to invalidate the tariffs as exceeding the president&rsquo;s authority. The suit is now before the Supreme Court in one of the most economically important clashes in the country's history.
As global corporations await the American high court's ruling on the tariffs' legality, Woldenberg details their impact on his family-run firms, and how he's weathering the storm. Rick speaks with Carol Massar, Tim Stenovec and Bloomberg News Supreme Court Reporter on Bloomberg Businessweek Daily.

Family-Owned Toymaker Waiting on the Supreme Court

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e58f4fa7-82d5-481a-a404-b3d301795c31/transcript

ICYMI: Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push

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