Podcast: It’s hard out here for a CEO

Plus more great stories from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. A decade ago, it seemed like chief executives were broadly admired if not universally beloved. Books like Rise and Grind, #Girlboss and Lean In were bestsellers. Mark Zuckerberg, Elon Musk and their Silicon Valley peers were more likely to be copied than ridiculed. Unfortunately for those who occupy the top jobs at companies, those days are over. A significant shift in sentiment, coinciding with rising levels of distrust in institutions of all kinds, has come for the corner office. As Bloomberg Opinion columnist Beth Kowitt explains on this week’s episode of Everybody’s Business, the job of running a company has never been tougher. CEOs increasingly complain they are overworked, overstressed and subjected to endless scrutiny — to such an extent that management experts warn the economy will suffer as companies struggle to attract qualified candidates. To be sure, summoning sympathy for bosses is a tall order, especially given historically high levels of corporate profits, their giant paychecks and the endless messaging about how artificial intelligence will replace those toiling below. All of which combine for another reason being a CEO stinks these days: Nobody likes you. Also this week, host Max Chafkin and Bloomberg Businessweek Editor Brad Stone are joined by Bloomberg News healthcare reporter Madison Muller to explore the recent run of success enjoyed by drugmaker Eli Lilly and its boss, CEO Dave Ricks. Lilly was slow to appreciate the potential of the new generation of weight-loss drugs, known as GLP-1s. But under Ricks, the company has overtaken rival Novo Nordisk A/S (best known for Ozempic and Wegovy) by developing next generation drugs and cultivating a direct relationship with consumers. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. More Weekend Reads Icebreakers are meant to kickstart a grand — but unlikely — plan to revitalize American shipbuilding. Liam Denning and photojournalist Louie Palu visit Finland to see the scope of the challenge. A model ship breaking ice at Railotech’s test basin. Photographer: Louie Palu/Panos Pictures The money and influence behind America’s very MAGA 250th birthday party. A landmark trial weighs oil executives’ role in Sudan war crimes. Employers want AI-enabled B-school grads. Do they know what that means? Apptronik’s humanoid robots can strut, but its CEO isn’t bragging yet. Golf cart company Amble is dreaming up next-generation vehicles — and aiming far beyond the fairway. The price of climate change: As temperatures climb, so will household costs like groceries, economists predict. The costs of overhauling climate-stressed water systems are being passed along to customers in England. Insurance companies are selling new products as climate change and pollution make people sick. What’s at stake if Indonesia loses its emerging market status. Canada’s lobster capital is trying to become an oil and gas giant too. How Trump’s Ebola isolation plans are shaking Kenya’s government. Banks often wait a month before reporting new auto debt. Scammers are taking advantage of that loophole. How Pokémon cards became scarce, valuable and surprisingly dangerous. Men’s tennis has a new problem: Sinner and Alcaraz are too good. Video: Tennis Pro Caroline Wozniacki on Wimbledon Here are the best movies, TV, books, art and theater arriving in July. The CEO Diet: How bosses psych themselves up for their biggest moments. Chicago White Sox loyalists are enjoying a dream season: a rising team working to win back their trust with eye-opening ticket deals and promotions. Hacky sacks are cool again and somehow cost $23. Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: Searching for an internet connection? Play now! We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |