Joanne Crevoiserat, CEO of Tapestry, discusses quarterly earnings and the company's ESG initiatives. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Labor Reporter Josh Eidelson share the details of Josh's Businessweek Magazine story Starbucks Is Unionizing, and Even Schultz Can’t Make It Stop. Dave Gitlin, CEO at Carrier, talks about creating healthy indoor environments. And we Drive to the Close with Chris Zaccarelli, Chief Investment Officer for Independent Advisor AllianceHosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. 

Joanne Crevoiserat, CEO of Tapestry, discusses quarterly earnings and the company's ESG initiatives. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Labor Reporter Josh Eidelson share the details of Josh's Businessweek Magazine story Starbucks Is Unionizing, and Even Schultz Can&rsquo;t Make It Stop. Dave Gitlin, CEO at Carrier, talks about creating healthy indoor environments. And we Drive to the Close with Chris Zaccarelli, Chief Investment Officer for Independent Advisor AllianceHosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.&nbsp;

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

Starbucks Baristas Are Unionizing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4f265eb0-8340-4483-826b-ae93014b009e/transcript

United States Antimony Corporation, a leading producer and processor of antimony, zeolite, and other critical minerals, on Tuesday announced a new joint venture together with Americas Gold and Silver Corporation to construct a new state-of-the-art hydromet processing facility. The project will commence on lands being contributed to the joint venture located immediately adjacent to Americas active silver, copper, and antimony mines. US Antimony is the only fully integrated antimony company in the world outside of China and Russia, while Americas Gold and Silver is known for producing silver, copper, and other metals from high-grade operations in the US and Mexico.


The announcement comes a week after the US and its allies said they’re considering price floors as a way to shore up a domestic supply of key metals outside of China. Gary Evans, Chairman and CEO of US Antimony, and Paul Andre Huet, Chairman & CEO of Americas Gold & Silver Corporation, detail the project and its impact on national security with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

United States Antimony Corporation, a leading producer and processor of antimony, zeolite, and other critical minerals, on Tuesday announced a new joint venture together with Americas Gold and Silver Corporation to construct a new state-of-the-art hydromet processing facility. The project will commence on lands being contributed to the joint venture located immediately adjacent to Americas active silver, copper, and antimony mines. US Antimony is the only fully integrated antimony company in the world outside of China and Russia, while Americas Gold and Silver is known for producing silver, copper, and other metals from high-grade operations in the US and Mexico.
 The announcement comes a week after the US and its allies said they&rsquo;re considering price floors as a way to shore up a domestic supply of key metals outside of China. Gary Evans, Chairman and CEO of US Antimony, and Paul Andre Huet, Chairman &amp; CEO of Americas Gold &amp; Silver Corporation, detail the project and its impact on national security with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

US Antimony, Americas Gold and Silver to Work on New Processing Site

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/17b20de7-2482-4b25-a10a-b3ed016ef433/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
 
An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.

The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and insurance brokerage shares on Monday. Investors responded precisely the way they did before — by unloading the stocks. Raymond James Financial Inc. dropped 8.8% for its worst day since March 2020, while Charles Schwab Corp. sank 7.4%% and LPL Financial Holdings Inc. lost 8.3%, their worst sessions since April.

The move appeared to catch Wall Street off guard, as Charles Schwab is the only stock with a sell rating, and it has just one among the 24 analysts tracking the company.

The new tool, unveiled by closely held tech startup Altruist Corp. on Tuesday, helps financial advisers personalize strategies for clients and create pay stubs, account statements and other documents, the company said in a statement. Altruist’s founder and Chief Executive Officer Jason Wenk started his career at Morgan Stanley and Chief Operating Officer Mazi Bahadori worked at Pimco Investment Management, so the firm’s leadership has experience with how Wall Street and the investment community operate. 
Today's show features:
Bloomberg Intelligence Financials Analyst Neil Sipes breaks down quarterly earnings from Robinhood Markets and the hit to wealth-management stocks on AI fears
Kathy Jones, Chief Fixed Income Strategist, Schwab Center for Financial Research, on the treasury trade and US monetary policy outlook
Cheryl McKissack Daniel, Chair of the Board at McKissack & McKissack, on her family-run construction business, which dates back more than 120 years, and her appointment as the next Chair of the New York Building Congress
Bloomberg Opinion Editor Mark Gongloff on key policy changes at the Environmental Protection Agency and new financing for a project aimed at installing small nuclear reactors underground

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. &nbsp; An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.
The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and insurance brokerage shares on Monday. Investors responded precisely the way they did before &mdash; by unloading the stocks. Raymond James Financial Inc. dropped 8.8% for its worst day since March 2020, while Charles Schwab Corp. sank 7.4%% and LPL Financial Holdings Inc. lost 8.3%, their worst sessions since April.
The move appeared to catch Wall Street off guard, as Charles Schwab is the only stock with a sell rating, and it has just one among the 24 analysts tracking the company.
The new tool, unveiled by closely held tech startup Altruist Corp. on Tuesday, helps financial advisers personalize strategies for clients and create pay stubs, account statements and other documents, the company said in a statement. Altruist&rsquo;s founder and Chief Executive Officer Jason Wenk started his career at Morgan Stanley and Chief Operating Officer Mazi Bahadori worked at Pimco Investment Management, so the firm&rsquo;s leadership has experience with how Wall Street and the investment community operate.&nbsp;
<ul>
<li>Today's show features:</li>
<li>Bloomberg Intelligence Financials Analyst Neil Sipes breaks down quarterly earnings from Robinhood Markets and the hit to wealth-management stocks on AI fears</li>
<li>Kathy Jones, Chief Fixed Income Strategist, Schwab Center for Financial Research, on the treasury trade and US monetary policy outlook</li>
<li>Cheryl McKissack Daniel, Chair of the Board at McKissack &amp; McKissack, on her family-run construction business, which dates back more than 120 years, and her appointment as the next Chair of the New York Building Congress</li>
<li>Bloomberg Opinion Editor Mark Gongloff on key policy changes at the Environmental Protection Agency and new financing for a project aimed at installing small nuclear reactors underground</li>
</ul>

Wealth Manager Stocks Sink as Traders Flee Next AI Casualty

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/641567bd-35fd-4ee2-b2df-b3ed017147ac/transcript

Coursera, a leading global online learning platform, last week announced financial results for its fourth quarter and full year ended December 31, 2025. The company's shareholder letter noted significant progress in "AI-native product innovation and data-driven decision making across the business." For full year 2025, Coursera reported revenue growth to $757 million, an increase of 9% year over year, and a record $78 million of Free Cash Flow, up 32% over the prior year. 

Greg Hart, the company's CEO, discusses the key drivers behind the rise in Coursera's core subscription and course offerings, as well as the status of his firm's pending tie-up with Udemy, which was announced in December. Greg speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Coursera, a leading global online learning platform, last week announced financial results for its fourth quarter and full year ended December 31, 2025. The company's shareholder letter noted significant progress in "AI-native product innovation and data-driven decision making across the business." For full year 2025, Coursera reported revenue growth to $757 million, an increase of 9% year over year, and a record $78 million of Free Cash Flow, up 32% over the prior year. 
Greg Hart, the company's CEO, discusses the key drivers behind the rise in Coursera's core subscription and course offerings, as well as the status of his firm's pending tie-up with Udemy, which was announced in December. Greg speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Coursera CEO on Earnings, AI, Pending Udemy Merger

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4516cadf-2ccf-4f3c-8060-b3ec017226a8/transcript

Starbucks Baristas Are Unionizing

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