Jeff Vaughn, a former CBS anchor, says a 2022 billboard convinced him that being White and male was becoming a liability, and he sued CBS in 2024 after being fired in 2023. The US Equal Employment Opportunity Commission is urging White men to come forward with complaints about their treatment by employers looking to diversify their workforces, with EEOC Chair Andrea Lucas saying that anti-discrimination laws apply equally to everyone.
Jeff Green, Bloomberg News Managing Diversity Reporter, writes how white men who sue their employers over perceived discrimination may face career damage, with experts saying that bringing a lawsuit can make it difficult to find a new job, as potential employers can discover the lawsuit with a basic Google search.

Jeff Vaughn, a former CBS anchor, says a 2022 billboard convinced him that being White and male was becoming a liability, and he sued CBS in 2024 after being fired in 2023. The US Equal Employment Opportunity Commission is urging White men to come forward with complaints about their treatment by employers looking to diversify their workforces, with EEOC Chair Andrea Lucas saying that anti-discrimination laws apply equally to everyone. Jeff Green, Bloomberg News Managing Diversity Reporter, writes how white men who sue their employers over perceived discrimination may face career damage, with experts saying that bringing a lawsuit can make it difficult to find a new job, as potential employers can discover the lawsuit with a basic Google search.

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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

White Men Learn the Hidden Cost of Suing for Discrimination

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8c338e8e-3cca-47f4-b9a8-b3f5016ea348/transcript

The people, companies and trends shaping the global economy.

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

At least one structured note tied to Blue Owl Capital Inc. is being quoted at just 47 cents on the dollar after the asset manager restricted withdrawals from one of its retail-focused private funds.
The security, which was issued by a subsidiary of Citigroup Inc., is due later this year. Another 2028 note that was offered by a unit of JPMorgan Chase & Co. is quoted at about 68 cents, while a Bank of Nova Scotia instrument partly tied to Blue Owl was at 87 cents, according to data compiled by Bloomberg.

Structured notes are bonds with embedded derivatives, giving holders exposure to a number of assets, from stock prices to currencies and interest rates. There’s generally no secondary market for those bonds, with prices only coming from the banks that arranged them.

Blue Owl’s stock fell as much as 9.4% in New York on Thursday. The notes were already quoted below face value prior to the announcement about the withdrawal restrictions.The depressed prices underscore the pressure on Blue Owl, whose stock has already fallen by about a quarter this year.

The plan to limit withdrawals signaled a reversal from a previous arrangement to resume redemptions this quarter.

Today's show features:
Olivia Fishlow, Bloomberg News Leveraged Finance Reporter, on Blue Owl Drops as Redemption Halt Stirs Private Credit Concern
Dylan Field, Figma CEO, on earnings and collaboration with Anthropic
Kate Gulliver, Chief Financial Officer of Wayfair, on quarterly earnings and the health of the American consumer
Matthew O’Neill and Perri Peltz, co-producers & co-directors of ‘Can’t Look Away: The Case Against Social Media, on Mark Zuckerberg’s Day in Social Media Addiction Trial

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>.
At least one structured note tied to Blue Owl Capital Inc. is being quoted at just 47 cents on the dollar after the asset manager restricted withdrawals from one of its retail-focused private funds. The security, which was issued by a subsidiary of Citigroup Inc., is due later this year. Another 2028 note that was offered by a unit of JPMorgan Chase &amp; Co. is quoted at about 68 cents, while a Bank of Nova Scotia instrument partly tied to Blue Owl was at 87 cents, according to data compiled by Bloomberg.
Structured notes are bonds with embedded derivatives, giving holders exposure to a number of assets, from stock prices to currencies and interest rates. There&rsquo;s generally no secondary market for those bonds, with prices only coming from the banks that arranged them.
Blue Owl&rsquo;s stock fell as much as 9.4% in New York on Thursday. The notes were already quoted below face value prior to the announcement about the withdrawal restrictions.The depressed prices underscore the pressure on Blue Owl, whose stock has already fallen by about a quarter this year.
The plan to limit withdrawals signaled a reversal from a previous arrangement to resume redemptions this quarter.
Today's show features:
<ul>
<li>Olivia Fishlow, Bloomberg News Leveraged Finance Reporter, on Blue Owl Drops as Redemption Halt Stirs Private Credit Concern</li>
<li>Dylan Field, Figma CEO, on earnings and collaboration with Anthropic</li>
<li>Kate Gulliver, Chief Financial Officer of Wayfair, on quarterly earnings and the health of the American consumer</li>
<li>Matthew O&rsquo;Neill and Perri Peltz, co-producers &amp; co-directors of &lsquo;Can&rsquo;t Look Away: The Case Against Social Media, on Mark Zuckerberg&rsquo;s Day in Social Media Addiction Trial</li>
</ul>

A Blue Owl-Linked Structured Note Is Now Worth Just 47 Cents

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/329e3a31-2f53-4cb7-8f83-b3f60173d05e/transcript

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Federal Reserve officials signaled renewed worries over inflation with “several” policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal.
“Several participants indicated that they would have supported a two-sided description of the committee’s future interest-rate decisions, reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,” a record of the central bank’s January meeting showed.
Minutes of the Federal Open Market Committee’s Jan. 27-28 meeting released Wednesday also revealed that a “vast majority of participants judged that downside risks to employment had moderated in recent months while the risk of more persistent inflation remained.”

The FOMC voted 10-2 at the meeting to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented in favor of a quarter-point reduction. Officials dropped language pointing to increased downside risks to employment that had appeared in the three previous statements.
The minutes further signaled that one group of policymakers was embracing a view less open to additional rate cuts, at least in the near term.
Today's show features:
Michael McKee, Bloomberg TV and Radio International Economics & Policy Correspondent, on the latest FOMC minutes
Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, and Bloomberg News Equities Reporter Alexandra Semenova
Kamini Lane, President and CEO of Coldwell Banker Realty, on latest US Housing data
Bloomberg News Senior Technology Reporter Kurt Wagner on the Social Media Addiction trial

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>. Federal Reserve officials signaled renewed worries over inflation with &ldquo;several&rdquo; policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal. &ldquo;Several participants indicated that they would have supported a two-sided description of the committee&rsquo;s future interest-rate decisions, reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,&rdquo; a record of the central bank&rsquo;s January meeting showed. Minutes of the Federal Open Market Committee&rsquo;s Jan. 27-28 meeting released Wednesday also revealed that a &ldquo;vast majority of participants judged that downside risks to employment had moderated in recent months while the risk of more persistent inflation remained.&rdquo; The FOMC voted 10-2 at the meeting to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented in favor of a quarter-point reduction. Officials dropped language pointing to increased downside risks to employment that had appeared in the three previous statements. The minutes further signaled that one group of policymakers was embracing a view less open to additional rate cuts, at least in the near term. Today's show features:
<ul>
<li>Michael McKee, Bloomberg TV and Radio International Economics &amp; Policy Correspondent, on the latest FOMC minutes</li>
<li>Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, and Bloomberg News Equities Reporter Alexandra Semenova</li>
<li>Kamini Lane, President and CEO of Coldwell Banker Realty, on latest US Housing data</li>
<li>Bloomberg News Senior Technology Reporter Kurt Wagner on the Social Media Addiction trial</li>
</ul>

Fed Minutes Show Several Officials Nod to Rate-Hike Scenario

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/20eb6d80-b544-4c26-becf-b3f50173e9fb/transcript

Marvina S. Robinson is the Founder & CEO of B. Stuyvesant Champagne. Founded in 2020, B. Stuyvesant Champagne is a luxury, woman-owned Champagne house produced and bottled in Épernay, France. The brand develops its cuvées in partnership within the Champagne region, focusing on small-production wines crafted according to traditional méthode champenoise standards.

Beyond the bottle, the company operates a Brooklyn tasting room and curates elevated Champagne experiences designed to make luxury Champagne more accessible while honoring the heritage of the region. B. Stuyvesant Champagne continues to grow through experiential activations, disciplined brand expansion and a focus on long-term value creation within the global luxury beverage market.

Marvina S. Robinson is the Founder &amp; CEO of B. Stuyvesant Champagne. Founded in 2020, B. Stuyvesant Champagne is a luxury, woman-owned Champagne house produced and bottled in &Eacute;pernay, France. The brand develops its cuv&eacute;es in partnership within the Champagne region, focusing on small-production wines crafted according to traditional m&eacute;thode champenoise standards.
Beyond the bottle, the company operates a Brooklyn tasting room and curates elevated Champagne experiences designed to make luxury Champagne more accessible while honoring the heritage of the region. B. Stuyvesant Champagne continues to grow through experiential activations, disciplined brand expansion and a focus on long-term value creation within the global luxury beverage market.

Beyond the Bottle with the CEO of B. Stuyvesant Champagne

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5ce4f7d6-34de-414d-9bff-b3f40181ed0b/transcript

White Men Learn the Hidden Cost of Suing for Discrimination

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