Bloomberg Businessweek2 min read
The Suits Against Bayer Are Sprouting Like Weeds
1 THE ORIGIN Everybody knows that when one company merges with another, the acquirer assumes the legal liabilities of the acquired. Presumably when Bayer AG, the German drugmaker, completed its purchase of Monsanto Co. last year, it knew that. Monsan
Bloomberg Businessweek3 min readPolitics
Hong Kong Protesters’ Biggest Demand Is Democracy
As protesters stormed Hong Kong’s legislature on July 1, a masked young man held up a megaphone at the front of the chamber and declared: “I want genuine universal suffrage!” The demand was part of a list read aloud in the ransacked council room and
Bloomberg Businessweek3 min read
How Texas Flushed Out Plumbers
In May, this year’s session of the Texas legislature ended in chaotic fashion with a confusing series of late-night votes. After the gavel fell, lawmakers—who meet only once every two years in a state resistant to the trammels of politics—realized th
Bloomberg Businessweek34 min read
The New Workers Of The World
What an astonishing, disquieting time to be a working person. In much of the world, young people from poor families are easily outearning their parents. Yet the pressures of globalization and automation have also left many manual and service workers
Bloomberg Businessweek5 min read
The Strongest Yard
Want to fix your swing? Sea Island resort’s new performance center wants to fix your body first.
Bloomberg Businessweek4 min read
Dethroning the U.K.’s King of Retail
Since June, Sir Philip Green, Britain’s so-called king of retail, has been mostly ensconced on his $100 million yacht, Lionheart, off the coast of Monaco. Apart from a game of pingpong on the deck with an unlikely companion—Portuguese soccer star Cri
Bloomberg Businessweek5 min read
When Mother Earth Gives You A Building Permit
One day last December, Mexican President Andrés Manuel López Obrador donned a beaded necklace and bowed his head reverently before a fire pit, to ask Mother Earth for permission to build a railroad through the heart of Mayan territory. The line, whi
Bloomberg Businessweek4 min readSociety
Can France Make Factories Cool?
A 20-foot-tall blue rooster, appearing to crow as it strides forward, chest jutted out and wings folded back, is on a tour de France. The inflatable bird is racing to 60 stages across the country, accompanied by a team of 15 technicians, six trucks,
Bloomberg Businessweek1 min read
Net Gain
Like most athletic equipment, tennis rackets have evolved in bursts of innovation followed by decades of stasis. Billie Jean King and Jimmy Connors switched from wood to steel in the 1960s, and it was another decade-plus until the industry switched t
Bloomberg Businessweek3 min read
Garbage, Now With Less Waste
A software provider promises the likes of Google and WeWork it can get them close to zero landfill
Bloomberg Businessweek3 min read
Beauty Houses’ Next Step: Men’s Makeup
When Yota Nakamura’s girlfriend said he should spruce up his look, he went shopping. The 22-year-old university student in Osaka purchased toner, moisturizer, and a tinted face primer—yes, makeup—made by a Japanese brand called Fiveism x Three. Now N
Bloomberg Businessweek3 min read
Lehman. Trump Casino. There’s a Market for That
Collectors shell out hundreds of dollars for stock and bond certificates of famous failures
Bloomberg Businessweek4 min read
Reaching For Yield In The Land Of 0%
The savings bank owned by Japan’s postal service has become an unlikely global powerhouse in bonds. It had little choice
Bloomberg Businessweek2 min read
Bond Funds Are Getting Edgier
What’s really inside bond funds these days? The answer, for many of them, is more risk. Funds have been quietly edging into more complex corners of fixed income. The goal: to eke out better returns in a low-yield world. Of particular concern is whet
Bloomberg Businessweek3 min read
The Tories Are Willing to RISK It All on Brexit
On a Tuesday at lunchtime, business at the bar in Epsom’s Conservative Club is slow. Three gray-haired men quietly sip their pints of English ale, surrounded by beer mats, lacquered wood, and a gilt-embossed honors board listing the club’s chairmen d
Bloomberg Businessweek1 min read
50 Years Since Apollo 11
Christie’s, on July 18, and Sotheby’s, on July 20, will mark the landing of the first two humans on the moon with sales of space artifacts and memorabilia. Christie’s centerpiece is the Apollo 11 Lunar Module Timeline Book, the manual used by Neil Ar
Bloomberg Businessweek2 min read
BW Talks
In his more than four decades working at United Parcel Service Inc., Abney has seen it morph from a simple package deliverer into a broader logistics house managing customers’ ever-growing need for speed. • Started at UPS as a part-time package load
Bloomberg Businessweek4 min read
Chevron’s Long Game in Venezuela
The American oil giant is helping prop up the beleaguered nation’s energy industry, positioning itself for post-Maduro prosperity
Bloomberg Businessweek3 min read
He Batted 1.000
For 22 years, from 1992 to 2015, Bud Selig oversaw Major League Baseball, an era of massive change and growth for America’s Pastime. He restructured the league’s divisions and playoffs, initiated interleague play, introduced the World Baseball Classi
Bloomberg Businessweek10 min read
The Run Of Your Life
It’s not fast, and it may be foolhardy, but this might just be the most fantastic way to experience the Colorado Rockies
Bloomberg Businessweek7 min read
Deutsche Bank Waves the White Flag
For decades, Deutsche Bank AG had one predominant aspiration: to compete with Wall Street. In abandoning global stock trading, Germany’s biggest bank is giving up on that ambition. No financial company has exited the equities business of this scale b
Bloomberg Businessweek5 min read
How a Rental App Lost Control of Its Cars
April 15, a Monday, should have been sleepy this year for the Chicago team at Car2Go, a car-sharing service that automaker Daimler AG introduced more than a decade ago. Weekdays were generally slow, and Chicago’s streets were slushy the day after an
Bloomberg Businessweek2 min read
Climate Changed
Even the best lithium-ion batteries stink at storing the large amounts of electricity a massive wind or solar installation is capable of generating. They’re expensive and hold, at most, about four hours’ worth of that grid-scale juice. Here are five
Bloomberg Businessweek2 min read
The Vaping Epidemic
E-cigarettes aren’t harmless. Vast numbers of young Americans are using them. The FDA should act fast
Bloomberg Businessweek18 min read
King Of The Snitches
At the height of the drug wars, Baruch Vega won the trust of American cops, Colombian cartel bosses, and coked-up hit men. Was he the ultimate spy or the ultimate con man?
Bloomberg Businessweek3 min read
Mein Gott, the Coin Is Gone!
In 2007 the Royal Canadian Mint had a wild idea—create the world’s first million-dollar coin.
Bloomberg Businessweek19 min read
America’s Busiest Bank Robber Was Hooked
He was the Cyborg Bandit and the Elephant Man Bandit, perpetrator of a yearlong, 30-bank robbing spree. He was also a former Boeing engineer with a raging heroin problem When Anthony Hathaway spotted the black SUV with the tinted windows, he was pre
Bloomberg Businessweek11 min read
When The Free Fuel Caught Fire
Professional fuel theft is common across Mexico. No one was ready when an amateur robbery went wrong
Bloomberg Businessweek3 min read
To Beat the SEC, Run Out the Clock
Money manager Charles Kokesh was supposed to pay back tens of millions of dollars in unlawful gains. But it turns out the watchdog caught him too late
Bloomberg Businessweek13 min read
The Great Model Train Robbery
How did thieves steal a valuable collection of scaled-down locomotives from a train club? Why did the case go cold? And who is “Jamie”?
…Or Discover Something New