Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams discusses Bank of America reporting elevated expenses and charge-offs for soured loans that were higher than analysts expected, failing to satisfy investors with a gain in its trading business. Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, shares her thoughts on bank earnings. Bloomberg Businessweek Global Economics Editor Cristina Lindblad provides the details of the Businessweek story A Resilient Global Economy Masks Growing Debt and Inequality. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group. 
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

BofA Impacted by Charge-Offs for Soured Loans

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. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek."
Hosted by Carol Massar and Tim Stenovec

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Bloomberg Businessweek Weekend - May 17th, 2024

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Bloomberg Businessweek Assistant Managing Editor Jim Ellis discusses the Businessweek Magazine story about Walgreens and CVS emphasizing health and wellness with new layouts to boost sagging performance. Katie Thomas, Head of the Kearney Consumer Institute, shares her insights on how consumers are dealing with inflation. And we Drive to the Close with Dana D’Auria, Co-CIO of Envestnet. 
Hosts: Tim Stenovec and Sonali Basak. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Walgreens and CVS Try to Fix America’s Flailing Pharmacies

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Christopher Marquis, Sinyi Professor of Chinese Management at Cambridge, discusses his book The Profiteers: How Business Privatizes Profits and Socializes Costs.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

An Exposé of How Society Pays for Corporations

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Bloomberg Intelligence Senior Retail Analysts Jennifer Bartashus discusses Walmart successfully growing operating income faster than sales, a trend likely to continue in fiscal 2Q as the company reaps benefits from a changing business mix. Bloomberg News Health Care Reporter Kristen V. Brown shares the details of her Businessweek Magazine cover story 23andMe's Fall Exposes DNA Testing as More Gimmick Than Remedy. Durga Malladi, Head of AI at Qualcomm, talks about the rise of on-device artificial intelligence. And we Drive to the Close with Ryan Kelley, CIO & Portfolio Manager at Hennessy Funds. 
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Walmart's Business Mix-Shift Aids Sales, Profit

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Lisa Lutoff-Perlo, former CEO of Celebrity Cruises, discusses being named President and CEO of The FIFA World Cup 2026 Miami Host Committee. Sanjay Poonen, CEO at Cohesity, talks about the proliferation of artificial intelligence.  
 Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

 See omnystudio.com/listener for privacy information.

BofA Impacted by Charge-Offs for Soured Loans

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