In late 2018, five years after launching fish-feeding company eFishery, Gibran Huzaifah found himself all out of cash. To save his business, the CEO started plugging fake numbers into financial reports. The brighter picture drew hundreds of millions of investor dollars. But his house of cards was doomed to collapse.

On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's David Ramli about the fall of eFishery and what it says about the risks of venture capital investing.

Read more: CEO Explains How He Faked Results in $300 Million Meltdown

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Warren Buffett shocked shareholders when he announced he’d be stepping down as CEO of Berkshire Hathaway. The 94-year-old business giant had been running the behemoth company for more than 50 years, and his investment decisions have earned him the nickname the “Oracle of Omaha.”

On today’s Big Take podcast, Bloomberg senior markets editor and Opinion columnist John Authers unpacks how Warren Buffett changed investing, what it would take for successors to fill his shoes and whether Berkshire Hathaway is headed for a break-up.

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At the height of the Covid-19 pandemic, the US government stepped in with aid to keep mass transit agencies afloat. But that money is running out and ridership hasn’t rebounded.

On today’s Big Take podcast, Bloomberg’s Sri Taylor and Aaron Gordon join host David Gura to discuss why advocates now fear many transit systems are on the verge of a so-called “death spiral” — a vicious cycle of less funding, low ridership and cuts to services that could impact everyone’s commute.

Read more: A $6 Billion Shortfall Has US Mass Transit Facing a Death Spiral

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