From Slate Money: South Korea and France are the latest governments to fall apart. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the public conversation around the failures of the US healthcare system that was sparked by the shocking murder of UnitedHealthcare CEO Brian Thompson. Then, South Korea and France follow Germany in having a governmental meltdown. What’s going on with all of this political chaos? And finally, the hosts discuss a piece in The Ringer about why headlights are just way too bright and what, if anything, is being done about it.

This episode originally aired on December 7th. Podcast production by Jessamine Molli and Cheyna Roth.

Hosted on Acast. See acast.com/privacy for more information.

Tech companies such as Google, Amazon and Microsoft need loads of electricity to power their artificial intelligence goals, and they are looking into all options, including nuclear power, to achieve them. That’s why Microsoft has partnered with a utility company to restart a reactor at Three Mile Island, the site of the worst nuclear disaster in US history. The FT's US energy editor Jamie Smyth explains what challenges lie ahead with a 2028 deadline looming.

Clips from CBS News, ABC News, WNEP

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For further reading:

Restart of Three Mile Island tests US appetite for nuclear revival

Resurgent US electricity demand sparks power grid warnings

Big Tech’s dash for nuclear power

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Follow Jamie Smyth and Michela Tindera on X (@JamieSmythF) (@mtindera07), on Bluesky (@jamiesmythft.bsky.social), (@mtindera.bsky.social) or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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This week, Michela joins live from the FT’s Global Banking Summit in London. She sits down with three reporters and editors to analyse how the banking industry will shape up during Donald Trump’s second term in the White House. She’s joined by the FT’s US financial editor Brooke Masters and banking editor Ortenca Aliaj alongside Michael Klimes, investment banking and capital markets editor at The Banker. They discuss what banks stand to gain and lose, and what the industry may look like four years from now.

The conversation was recorded on December 3 2024.

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For further reading:

A Wall Street giddy over Trump should remember history

In Donald Trump, Wall Street will get what it wanted — and what it did not

Trump 2.0: winners, losers and Elon

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Michela recently joined Bluesky, follow her there: @mtindera.bsky.social, Her guests are also on Bluesky: Brooke Masters (@brookeamasters.bsky.social) and Ortenca Aliaj (@ortenca.bsky.social), or follow Michael Klimes reporting at FT’s The Banker (@thebanker.bsky.social)

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Not long ago, the Swedish battery maker Northvolt was seen as Europe's best hope for staying competitive with other global players during the green transition. Investors flocked to it, and it even became the continent’s best funded startup. But things look very different now. The company is fighting for survival and even filed for Chapter 11 bankruptcy in November. The FT’s Nordic and Baltic bureau chief Richard Milne spent years reporting on Northvolt and explains its meteoric rise and what its implosion means for Europe’s battery industry.

Clip from Aftonbladet

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For further reading:

How Europe’s battery champion descended into crisis

‘There was so much promise’: How Northvolt tumbled into bankruptcy

The Northvolt dilemma: can European EVs avoid relying on Asian batteries?

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On X, follow Richard Milne (@rmilneNordic) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

This week, we’re going back to Omaha, Nebraska. Behind the Money and the FT’s senior corporate finance correspondent travelled there this spring to attend Berkshire Hathaway’s annual shareholder meeting. America’s “last great” conglomerate is preparing for a leadership transition, and we examined what Warren Buffett’s empire will look like after he’s no longer at the helm.

Clips from CNBC

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For further reading:

Berkshire after Buffett: is Greg Abel up to the top job?

Berkshire after Buffett: prized energy business faces upheaval

Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings

Berkshire after Buffett: can any stockpicker follow the Oracle?

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On X, follow Eric Platt (@ericgplatt) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Hosted on Acast. See acast.com/privacy for more information.

Lately, China’s economy has been in the doldrums, with the risk of a “deflationary spiral” lurking. Plus, toss in the election of Donald Trump in the US — and reaching the economic goals President Xi Jinping set more than a decade ago looks even more difficult. The FT’s China bureau chief Joe Leahy examines Beijing’s latest plans to fix the country’s economy and whether it will be enough to keep up with Xi’s long-term plans for growth.

Clips from Bloomberg, CBS, Yahoo Finance

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For further reading:

Why Xi Jinping changed his mind on China’s fiscal stimulus

Why China is betting on local governments to spur the economy

If China’s statistics can’t be scrutinised, doubts about the economy will only grow

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On X, follow Joe Leahy (@leahyjoseph) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Who will corporate America's winners and losers be under four more years of Donald Trump? This week, the FT’s Brooke Masters, Stephen Morris and Jamie Smyth explain what changes a second Trump administration will bring to three crucial sectors: Wall Street, tech and energy.

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For further reading:

Can the renewables boom withstand Trump?

A Wall Street giddy over Trump should remember history

Who’s who in the Musk ‘A-team’ vying to shape Trump 2.0

Trump 2.0: winners, losers and Elon

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On X, follow Brooke Masters (@brookeamasters), Stephen Morris (@sjhmorris), Jamie Smyth (@JamieSmythF) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Private equity earned a reputation as a ruthless and lucrative business. But over the past few years, large groups have been doing something that seems like the opposite of their cutthroat image: giving equity worth hundreds of thousands of dollars to the ordinary workers at the companies they own. Antoine Gara, the FT’s US private & institutional capital correspondent, explains how these payouts make business sense for private equity firms – and help soften their tough image.

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For further reading:

Workers getting share in windfalls as private equity firms soften image

Private equity groups’ assets struggling under hefty debt loads, Moody’s says

Blackstone plans to list some of its largest investments

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On X, follow Antoine Gara (@antoinegara) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.