Bloomberg Businessweek US
Upcycled Flour Is Rising To Meet the moment
About 50 miles north of London, Cambridge Science Park has earned the nickname “Silicon Fen.” The Fenlands region office hub is the UK home to Amgen Inc., AstraZeneca Plc and other biotech companies.
4 min |
January 16, 2023
Bloomberg Businessweek US
Five Ways Wine Will Change in 2023
Wine news in 2022 was both concerning and upbeat. Once again, scorching heat, record-breaking drought, spring frosts, hail storms and wildfires reminded vintners of the dire threat and cost of climate change, which will cause more eco-anxiety in 2023. On the positive side, vintners and drinkers are taking sustainability ever more seriously, and more innovations and adaptations are coming.
4 min |
January 16, 2023
Bloomberg Businessweek US
HOT SEAT DAVID ZASLAV
Stop, drop and roll, David Zaslav.
1 min |
January 16, 2023
Bloomberg Businessweek US
The Year of the Corporate Bond, Finally
Investors found few places to hide from last year’s demolition derby, which hit corporate bonds harder than it did stocks on a global basis. But if Wall Street’s credit managers and prognosticators are right, 2023 will be the year that corporate bonds boom.
2 min |
January 16, 2023
Bloomberg Businessweek US
VEHICLE DEFLATION IS PUTTING THE BRAKES ON THE USED-CAR MARKET
Right before the global financial crisis, former Citigroup Inc. Chief Executive Officer Chuck Prince famously said that as long as the music is playing, you’ve got to get up and dance. In the pandemic-era car-buying frenzy, no business spent more time on the dance floor than the global auto industry, which had never before enjoyed so much pricing power.
5 min |
January 16, 2023
Bloomberg Businessweek US
Return of the Jumbos!
As global air travel comes roaring back from its pandemic-induced slump, airlines are racing to provide enough capacity, particularly for premium tickets on the long-haul flights enjoying a stronger-than-expected rebound.
3 min |
January 16, 2023
Bloomberg Businessweek US
Green Shoots Amid Europe's ENERGY WOES
After Russia invaded Ukraine in February, European governments vowed to slash their dependence on imported natural gas and speed the shift to clean energy.
2 min |
January 16, 2023
Bloomberg Businessweek US
Another OILY COP
The annual climate conference known as COP (for Conference of the Parties, in United Nations-speak) will take place from late November to mid-December in Dubai.
1 min |
January 16, 2023
Bloomberg Businessweek US
A Path Out of Poland's Isolation
Voters in Poland will head to the polls this fall. The results of the election could ripple through the rest of the European Union.
3 min |
January 16, 2023
Bloomberg Businessweek US
TECHNOLOGY DOWN WITH THE AD DUOPOLY
For more than a half-decade, Alphabet Inc. and Meta Platforms Inc. have ruled the digital advertising market—the money machine that funds the modern internet. They’ve collected more than half of all online ad dollars, year after year, to the point that competitors and regulators feared there would be no realistic way to break their hold.
4 min |
January 16, 2023
Bloomberg Businessweek US
Real Estate Recovery? Depends Where You Live
For millions of Americans, the end of cheap money hit home—literally. The Federal Reserve’s rapid-fire interest-rate increases paralyzed the housing market as buyers decided to wait for lower prices and relief from mortgage rates that had doubled. Would-be sellers kept inventory scarce by clinging to low-interest loans and memories of home values that hit records in the pandemic. Pending sales plunged 39% in November from a year earlier to the second-lowest level on record—behind only April 2020, when the US was locked down.
3 min |
January 16, 2023
Bloomberg Businessweek US
TRAINING YOUR REPLACEMENTS
In November a lawyer and computer programmer named Matthew Butterick sued the tech companies GitHub, Microsoft and OpenAI, saying a tool called GitHub Copilot that automatically generates computer code is essentially plagiarizing the work of human software developers in a way that violates their licenses.
4 min |
January 16, 2023
Bloomberg Businessweek US
HOT SEAT: Masayoshi Son
For years, SoftBank Group Chief Executive Officer Masayoshi Son directed unprecedented sums of money to hundreds of startups, inflating valuations worldwide by forcing rivals such as Tiger Global Management and Sequoia Capital to match his big bets.
1 min |
January 16, 2023
Bloomberg Businessweek US
SWALLOWING THE STARTUPS
The conventional goal for startup founders is to take their company public, with a top consolation prize being a lucrative sale to a larger company.
2 min |
January 16, 2023
Bloomberg Businessweek US
F1 to Women: We want you
Only five women have competed in Formula One. The last one to start in an F1 race was Lella Lombardi … in 1976. A former delivery van driver for her family’s butcher shop in Italy, Lombardi won fans with her punishing speed and grit. When a journalist asked her how it felt to pilot such big cars, she replied, “I don’t have to carry it, I just have to drive it.”
3 min |
January 16, 2023
Bloomberg Businessweek US
Hot Seat: ESG investing
Only a year ago, finance executives were waxing lyrical about environmental, social and governance investing, or ESG, a strategy that weighs risks from societal problems such as climate change and inequality and spots ways to profit from addressing them.
1 min |
January 16, 2023
Reason magazine
California Wants to Run Out of Gas
In late august, California air regulators announced that the state would ban the sale of most gasoline-powered vehicles by 2035, a policy aimed at encouraging a shift to electric vehicles (E.V.s). A week later, amid a massive heat wave, California officials begged E.V. owners not to recharge their cars during peak evening hours so as not to overload the state's energy grid.
1 min |
January 2023
Bloomberg Businessweek US
Can Ron De Santis Ride 'Woke' To the White House?
The Florida governor’s attacks on business leaders who promote progressive values are finding traction with the Republican grassroots
10+ min |
January 09, 2023
Bloomberg Businessweek US
New York, Decarbonized
A 2019 city law threatens big fines for landlords who don’t clean up their buildings
5 min |
January 09, 2023
Bloomberg Businessweek US
At This CES, Pragmatism Reigns
After years of focusing on nascent technologies, interest shifts to areas with near-term profit
3 min |
January 09, 2023
Bloomberg Businessweek US
FTX Was Targeting Main Street
○ Before it collapsed, the crypto exchange saw novice small investors as its future
4 min |
January 09, 2023
Bloomberg Businessweek US
Muffling Mumbai
Activists battling the cacophony say they can show the way for other noisy places
3 min |
January 09, 2023
Bloomberg Businessweek US
In a World of Data, A Power Play Over Chips
In 2022 the whole world seemed to wake up to the idea that semiconductors, rather than data, are the new oil. A confluence of factors—from Russia’s invasion of Ukraine to the fallout from Covid-19—has turned a thesis into a widely accepted doctrine that’s spurring almost $100 billion in new state investment.
2 min |
January 09, 2023
Bloomberg Businessweek US
I'm Leavin' It
Before the invasion of Ukraine forced McDonald's to exit Russia, the company won millions of people over to American fast food, revolutionized the country's supply chain and changed Russian enterprise for good
10+ min |
January 09, 2023
Bloomberg Businessweek US
Japan's Carmakers Are EV Laggards
○ Not one of them is among the world’s top 20 electric-vehicle makers, risking their futures
6 min |
January 09, 2023
Bloomberg Businessweek US
The Great Compuppance
○ For some billionaires used to having their own way, 2022 was a reckoning
5 min |
January 09, 2023
Bloomberg Businessweek US
China's Tech Truce
The country's technology giants are finding out how to operate within Xi's tacit rules
5 min |
January 09, 2023
Bloomberg Businessweek US
The Education of Susan Collins
○ For the Boston Fed’s new president, the study of economics began during family vacations
3 min |
January 09, 2023
Bloomberg Businessweek US
The End of 'Made in the USA'?
○ Los Angeles’s fashion industry is feeling the effects of a workers’-rights push
5 min |
January 09, 2023
Bloomberg Businessweek US
THIS ISN'T ROCKET SCIENCE
A group of former SpaceX engineers is building a pizza-making robot and taking the project very seriously
10+ min |