Bloomberg News Wealth Reporter Annie Massa speaks on Dominari, the tiny investment bank that, less than three years ago, pivoted from developing cancer therapies into finance. Since then it has lost about $70 million. 
For years its shifting priorities and tribulations remained largely out of the spotlight. That changed when it gained two recognizable backers: Donald Trump Jr. and Eric Trump.

Bloomberg News Wealth Reporter Annie Massa speaks on Dominari, the tiny investment bank that, less than three years ago, pivoted from developing cancer therapies into finance. Since then it has lost about $70 million. For years its shifting priorities and tribulations remained largely out of the spotlight. That changed when it gained two recognizable backers: Donald Trump Jr. and Eric 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: The Tiny Bank Enriching the Trump Bros

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/df202fd5-5671-4f89-90f6-b2e20159700b/transcript

In a piece written for Bloomberg Businessweek magazine, Daron Acemoglu, Institute Professor of MIT's Department of Economics, muses on whether there is a way to better understand the mind and methodology of US President Donald Trump. Acemoglu writes that "most of the (Trump) administration’s actions — the questionable crypto dealings, the appointment of unqualified allies to high-level positions, the unconstitutional deportations and National Guard deployments, the ouster of a Latin American head of state — have a logic. They’re all attempts to expand executive power, steps toward a type of imperial presidency."

The 2024 winner of the Nobel Prize in Economic Sciences details his assessment and whether the expansion of Trump's executive powers will ultimately lead to a fundamental change in American politics. Professor Acemoglu speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

In a piece written for Bloomberg Businessweek magazine, Daron Acemoglu, Institute Professor of MIT's Department of Economics, muses on whether there is a way to better understand the mind and methodology of US President Donald Trump. Acemoglu writes that "most of the (Trump) administration&rsquo;s actions &mdash; the questionable crypto dealings, the appointment of unqualified allies to high-level positions, the unconstitutional deportations and National Guard deployments, the ouster of a Latin American head of state &mdash; have a logic. They&rsquo;re all attempts to expand executive power, steps toward a type of imperial presidency."
The 2024 winner of the Nobel Prize in Economic Sciences details his assessment and whether the expansion of Trump's executive powers will ultimately lead to a fundamental change in American politics. Professor Acemoglu speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Nobel Prize-Winning Economist Offers a Unified Theory of Trump

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1ab865b2-b6c7-4eb1-a937-b3d401772dd1/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

ICYMI: The Tiny Bank Enriching the Trump Bros

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