This is an I-Heart podcast.

I'm Nate Silver.

And I'm Maria Konnikova.

We're journalists who moonlight as high-stakes poker players.

And on our podcast, risky business, we bring an analytical lens,

thinking about odds, incentives, and outcomes to the choices shaping our democracy.

Because every move in politics is a calculation, and sometimes our leaders can make bad bets.

You don't say, Nate. If you want to understand what our politicians are thinking and what's at

stake with each decision they make, this show is for you.

Listen to risky business wherever you get your podcasts.

To understand why the cosmetics

is teaming up with IBM, you must first take a closer look at its products.

Take lipstick, for example. It's one of those things that seem straightforward. A waxey cylinder

that you rub on your lips to turn them a different color. Easy, right? Well, maybe not. As my colleague

Lucy Sullivan found out, when I sent her an assignment to L'Oreal's North America Research and Innovation Center.

All right.

I'm reporting live from the L'Oreal Visitors' Parking Lot.

Malcolm told me that he would be sending me to Paris, France, for this L'Oreal excursion,

but instead I am in Clark, New Jersey,

passed a lot of strip malls on the way here.

But to be fair to Clark, New Jersey and L'Oreal, this is a beautiful compound.

It kind of looks like a spa.

...