Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Bloomberg News Power and Renewable Energy Editor Will Wade reports on the status of the Los Angeles wildfires. Bloomberg News Chief Technology Correspondent Mark Gurman discusses Apple’s plans for an iPhone overhaul. Lan Guan, Chief AI Officer at Accenture, provides the details of the firm's report AI: A Declaration of Autonomy. And we Drive to the Close with John Mowrey, CIO at NFJ Investment Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Bloomberg News Power and Renewable Energy Editor Will Wade reports on the status of the Los Angeles wildfires. Bloomberg News Chief Technology Correspondent Mark Gurman discusses Apple&rsquo;s plans for an iPhone overhaul. <a data-destination="bb:rte:bind">Lan Guan</a>, Chief AI Officer at Accenture, provides the details of the firm's report AI: A Declaration of Autonomy. And we Drive to the Close with John Mowrey, CIO at NFJ Investment Group. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

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.  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

Los Angeles Fires Rage as High Winds Set to Return This Week

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/04cebe0d-9df3-46e7-91da-b264015c1d5f/transcript

Today the world of private equity and credit is a rancid pool of conflicts and illegality that cannot possibly be seen as superior to public markets. Private equity executives even enjoy special tax provisions from Congress for "carried interest" to reward them for their efforts in soaking investors. Advocates of private schemes like crypto tokens, which are explicitly not considered securities, buy and sell Members of Congress like chattel.

Chris Whalen, former banker and risk analyst weighs in on the latest concerns in private credit on the back of this week’s headlines including JPMorgan Chase restricting some lending to private credit funds after marking down the value of certain software-linked loans in its portfolios. AS well as Morgan Stanley and Cliffwater capping withdrawals from their private credit funds

Today the world of private equity and credit is a rancid pool of conflicts and illegality that cannot possibly be seen as superior to public markets. Private equity executives even enjoy special tax provisions from Congress for "carried interest" to reward them for their efforts in soaking investors. Advocates of private schemes like crypto tokens, which are explicitly not considered securities, buy and sell Members of Congress like chattel. Chris Whalen, former banker and risk analyst weighs in on the latest concerns in private credit on the back of this week&rsquo;s headlines including JPMorgan Chase restricting some lending to private credit funds after marking down the value of certain software-linked loans in its portfolios. AS well as Morgan Stanley and Cliffwater capping withdrawals from their private credit funds

Private Credit’s ‘Back Leverage’ Is Another Pain Point for Funds

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/24d0c83c-dce0-444b-a5b0-b40b015470f6/transcript

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

Iran’s new supreme leader said the Strait of Hormuz should remain shut and Tehran will look to open other fronts in the war if the US and Israel persist with their attacks.

In his first public comments since succeeding his father at the weekend, Mojtaba Khamenei said the Islamic Republic would seek to ensure the critical waterway for oil and gas stays effectively closed — maintaining a choke on supplies that’s triggered a surge in global energy prices.

His statement — published on state media on Thursday — came as US President Donald Trump said preventing Iran from having nuclear weapons and being a threat to the Middle East is “of far greater interest and importance to me” than the cost of oil.The defiance shown by both leaders indicates that the war in the Middle East isn’t close to a de-escalation after almost two weeks of fighting. Israel launched a fresh wave of large-scale strikes across Iran on Thursday, while the Islamic Republic stepped up attacks on Dubai and shipping assets.

Today's show features:
Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst
Rockford Weitz, Tufts University's Fletcher School of Law and Diplomacy Professor of Practice & Director of the Maritime Studies Program
Jason Greenblath, American Century Investments Senior Portfolio Manager
Michael Lohan, CEO of IDA Ireland

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Iran&rsquo;s new supreme leader said the Strait of Hormuz should remain shut and Tehran will look to open other fronts in the war if the US and Israel persist with their attacks. In his first public comments since succeeding his father at the weekend, Mojtaba Khamenei said the Islamic Republic would seek to ensure the critical waterway for oil and gas stays effectively closed &mdash; maintaining a choke on supplies that&rsquo;s triggered a surge in global energy prices. His statement &mdash; published on state media on Thursday &mdash; came as US President Donald Trump said preventing Iran from having nuclear weapons and being a threat to the Middle East is &ldquo;of far greater interest and importance to me&rdquo; than the cost of oil.The defiance shown by both leaders indicates that the war in the Middle East isn&rsquo;t close to a de-escalation after almost two weeks of fighting. Israel launched a fresh wave of large-scale strikes across Iran on Thursday, while the Islamic Republic stepped up attacks on Dubai and shipping assets. Today's show features:
<ul>
<li>Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst</li>
<li>Rockford Weitz, Tufts University's Fletcher School of Law and Diplomacy Professor of Practice &amp; Director of the Maritime Studies Program</li>
<li>Jason Greenblath, American Century Investments Senior Portfolio Manager</li>
<li>Michael Lohan, CEO of IDA Ireland</li>
</ul>

Iran Leader Says Strait of Hormuz to Stay Shut

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a28f9e58-3fc4-42f7-9880-b40b015467e6/transcript

WWE Superstar Charlotte Flair (Ashley Fliehr) has joined Self-Care Is For Everyone (SCIFE) as the brand’s first Angel Investor and official Brand Champion. Ashley’s investment will directly fund SCIFE’s expansion from a viral apparel-led advocacy brand into a multi-platform mental health media and product company. For Ashley, this investment is deeply personal — as an elite performer who has navigated the pressures of global visibility, injury, reinvention, and resilience, she believes mental strength and emotional well-being are foundational to long-term success. 

Backing SCIFE is her commitment to normalizing self-care conversations and ensuring mental health support is accessible, aspirational, and stigma-free for the next generation. She speaks with Bloomberg's Carol Massar and Norah Mulinda.

WWE Superstar Charlotte Flair (Ashley Fliehr) has joined Self-Care Is For Everyone (SCIFE) as the brand&rsquo;s first Angel Investor and official Brand Champion. Ashley&rsquo;s investment will directly fund SCIFE&rsquo;s expansion from a viral apparel-led advocacy brand into a multi-platform mental health media and product company. For Ashley, this investment is deeply personal &mdash; as an elite performer who has navigated the pressures of global visibility, injury, reinvention, and resilience, she believes mental strength and emotional well-being are foundational to long-term success. Backing SCIFE is her commitment to normalizing self-care conversations and ensuring mental health support is accessible, aspirational, and stigma-free for the next generation. She speaks with Bloomberg's Carol Massar and Norah Mulinda.

WWE's Charlotte Flair on Investing in Self-Care is For Everyone 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e3663be8-df96-4b68-875d-b40a01532f94/transcript

Los Angeles Fires Rage as High Winds Set to Return This Week

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