At the start of 2025, Gap was cool again. The legacy American brand had started to turn around sales and rebuild its image. It was in the middle of a splashy ad campaign with the actress Parker Posey. Influencers were posting its clothes online. 

But then President Trump announced his “Liberation Day” tariffs.

On today’s Big Take podcast, Bloomberg reporters Amanda Mull and Lily Meier walk host Sarah Holder through Gap’s history, its recent re-invention and the challenges it faces now. Plus, we hear from Richard Dickson himself.

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

At the start of 2025, Gap was cool again. The legacy American brand had started to turn around sales and rebuild its image. It was in the middle of a splashy ad campaign with the actress Parker Posey. Influencers were posting its clothes online.&nbsp;
But then President Trump announced his &ldquo;Liberation Day&rdquo; tariffs.
On today&rsquo;s Big Take podcast, Bloomberg reporters Amanda Mull and Lily Meier walk host Sarah Holder through Gap&rsquo;s history, its recent re-invention and the challenges it faces now. Plus, we hear from Richard Dickson himself.
Read more: <a href="https://www.bloomberg.com/news/features/2025-06-24/gap-ceo-s-turnaround-plan-was-working-until-trump-s-tariffs-derailed-it?srnd=undefined">Inside Gap&rsquo;s Last-Ditch, Tariff-Addled Turnaround Push</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Gap's Quest to Stay Cool Just Hit Its Latest Roadblock: Tariffs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/01e5c8d9-a24c-4df2-883a-b3080154245d/transcript

News broke overnight that Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $82.7 billion. 

It’s a deal raising eyebrows in the entertainment industry, from Netflix competitors including Paramount — and reportedly even the White House. 

On today’s Big Take, host David Gura sits down with Screentime writer and entertainment reporter Lucas Shaw to discuss the ins and outs of the deal, what we know about how it would impact viewers at home, and the regulatory challenges moving forward.

News broke overnight that Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $82.7 billion.&nbsp;
It&rsquo;s a deal raising eyebrows in the entertainment industry, from Netflix competitors including Paramount &mdash; and reportedly even the White House.&nbsp;
On today&rsquo;s Big Take, host David Gura sits down with Screentime writer and entertainment reporter Lucas Shaw to discuss the ins and outs of the deal, what we know about how it would impact viewers at home, and the regulatory challenges moving forward.

Netflix’s $82 Billion Power Play for Warner Bros.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d5a35cf3-90c7-4e9b-a862-b3aa0168abb7/transcript

Excel. Ifyou work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet software has become synonymous with the best — and worst — of late-stage capitalism. It’s seeped into popular culture and, along the way, made Microsoft one of the world’s most valuable companies.

But in a world of AI and new competition where Excel=Sum(39+1), can it stay on top?On today’s Big Take podcast, Bloomberg’s Dina Bass and Businessweek’s Max Chafkin join host Sarah Holder to track the rise and challenges ahead for one of the most ubiquitous programs around.

Excel. If you work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet software has become synonymous with the best &mdash; and worst &mdash; of late-stage capitalism. It&rsquo;s seeped into popular culture and, along the way, made Microsoft one of the world&rsquo;s most valuable companies. But in a world of AI and new competition where Excel=Sum(39+1), can it stay on top? On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Dina Bass and Businessweek&rsquo;s Max Chafkin join host Sarah Holder to track the rise and challenges ahead for one of the most ubiquitous programs around.

Why We Can’t Quit Microsoft Excel

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/82c39cb8-19a0-48d7-89a0-b3a9015e2442/transcript

Back in October, Bitcoin reached a record high. Just a few weeks later, its price had plunged, taking out over $1 trillion dollars in assets along with it. On Tuesday, it rallied. But dips across the crypto market have left investors and analysts wondering what to make of the swings.

On today’s Big Take podcast, Bloomberg executive editor stacy-marie ishmael and host David Gura take the temperature of crypto’s dramatic ebbs and flows over the past few months, from President Trump’s second-term moves to bolster the market to fears of another “crypto winter.”

Read more: 
Bitcoin Jumps Back Above $90,000 After Bruising Selloff
What Does Bitcoin’s Drop Mean? Depends on Who You Ask
The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Woes

Back in October, Bitcoin reached a record high. Just a few weeks later, its price had plunged, taking out over $1 trillion dollars in assets along with it. On Tuesday, it rallied. But dips across the crypto market have left investors and analysts wondering what to make of the swings.
On today&rsquo;s Big Take podcast, Bloomberg executive editor stacy-marie ishmael and host David Gura take the temperature of crypto&rsquo;s dramatic ebbs and flows over the past few months, from President Trump&rsquo;s second-term moves to bolster the market to fears of another &ldquo;crypto winter.&rdquo;
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-12-02/crypto-markets-steady-as-indicators-point-to-weak-sentiment">Bitcoin Jumps Back Above $90,000 After Bruising Selloff</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/newsletters/2025-12-02/what-does-bitcoin-s-drop-mean-theories-include-risk-off-investing-trump-trade">What Does Bitcoin&rsquo;s Drop Mean? Depends on Who You Ask</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-12-03/down-90-or-more-trump-family-assets-are-outpacing-crypto-crash">The 26-Minute, 51% Wipeout That Deepened Trumps&rsquo; Crypto Woes</a></li>
</ul>

Are We Headed For Another ‘Crypto Winter’?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d4d52f42-dcf9-4103-b3bd-b3a80160b8a3/transcript

Gap's Quest to Stay Cool Just Hit Its Latest Roadblock: Tariffs

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