Bloomberg Businessweek - December 14, 2020
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December 14, 2020 issue Digital Access. 
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Magazine Description
In this issue
How to Survive a Pandemic South Korea’s lockdown-free strategy is a road map for the rest of the world. The Essex Boys Who Struck It Rich Nine London-area traders rode the April 20 oil crash to a $660 million profit.
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How to Survive A Bubble
No one can be sure if markets are too high—but your emotions probably are
PELOTON WANTS TO BE MORE THAN A PANDEMIC FAD
In March, a couple of weeks after sweeping stay-at-home orders had brought much of the U.S. to a halt, William Lynch says he realized Peloton Interactive Inc. would fare really well in the year of the pandemic.
HELP IS ON THE WAY But the world still needs a shot in the arm!
The economic outlook is starting to brighten just about everywhere you look
Drugstores To the Rescue
Pharmacy chains aim to boost the vaccine rollout—and their bottom lines
China Tightens Its Grip on Fintech
In late 2020, as Jack Ma’s Ant Group Co. prepared for a $35 billion initial public offering, many outside China wondered if the country’s financial technology giants were becoming a global competitive threat to U.S. and European banks and payments companies. Ant’s Alipay app, used for everything from hailing cabs to investing, had already rewired financial services in the world’s second-largest economy. There was just one problem: Inside China, policymakers were growing uneasy about the sudden dominance of their homegrown superstars.
China Comes For Its Tech Giants
The Chinese government’s crackdown on the country’s largest technology companies has raised fears that the industry could be paralyzed or cast into disarray as the economy enters a delicate moment. But one contingent within the tech sector is privately cheering on a broad set of anti-monopoly edicts: startups and their investors.
Charging DUES, Making DO
Phil and Erin Lockwood never imagined their family would be traveling more during the coronavirus pandemic. But since joining the vacation club Inspirato last September, the parents of three have swapped one annual trip to a Disney theme park for villa rentals in Cabo San Lucas and Costa Rica.
Back-to-Work Blues?
Tech boomed during the pandemic. It may not last
ASIA'S BATTERY GIANTS GO GLOBAL
Leaders of the electric-car era are moving to cement their dominance
A Carbon Trading Market Perks Up
Sixteen years ago, Europe introduced a market based on what was then a revolutionary notion: forcing companies to cut greenhouse gas emissions by issuing credits that allow them to pollute up to a certain level. If they spew out more, they have to buy allowances from other companies. If they pollute less, they can sell their extra permits and bank the cash.
