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.
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.
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.
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.
Test All of Minnesota? You Betcha
Minnesota is setting an example for other states and the federal government. If anyone is interested
The Cult of Positivity
WHY BLIND OPTIMISM IS DRIVING US NUTS
SPOTIFY'S PODCAST POWER PLAY
The company is staking its future on converting music listeners to podcast fans and has become the favorite to own the industry—for better or worse
The Electric Truck That Couldn't
In the past six months, Nikola has faced an SEC probe, lost partners, and seen its shares tank
WALL STREET SOUTH
Florida braces for a gold-plated makeover as finance rethinks its attachment to New York
Yet Another Winning Year For Hindsight Capital
With the miserable year of 2020 over, it’s time to return to the offices of Hindsight Capital LLC.
Why the U.S. Senate Is Broken
Adam Jentleson argues that toxic partisanship rose when the filibuster became a cudgel
Social Media Hits Mute After the Capitol Riot
Facebook and Twitter can block the president, but his supporters will move on
America's Missing Workers
Near-record levels of absenteeism could be hampering the recovery
Where to Go in 2021
THE GLOBAL ECONOMY NEEDS A TRAVEL REBOUND. YOU COULD USE ONE, TOO. AS SOON AS IT’S SAFE, MAKE YOUR PLANS COUNT WITH 24 IDEAS TO HELP HEAL THE WORLD ONE SMALL STEP AT A TIME
Speak Softly and Run a Big Cloud
Amazon’s decision to cut ties with Parler showed the often-overlooked power its cloud computing division has over the internet
The Golden Age of Tech Cafeterias Is Over
The pandemic threatens to permanently upend a unique attribute of the Bay Area’s food service industry
Is It Time To Worry?
There are signs that the market is getting ahead of itself, but price gains have been even crazier in the past
PICK ONE:YOUR DOCTOR OR YOUR RIGHTS
As private equity investors take over doctors’ offices, they’re popularizing a controversial legal practice: forcing patients to agree to binding arbitration before they can receive care
The Battle Over Student Debt
Biden is under pressure to forgive student loans. Here’s what’s at stake
Latinos are 18% of the U.S. population … … but only 3% of corporate directors
Even big Latin-themed restaurant chains have no Hispanic board members. Activists want to change that
How a Philanthropic Darling Became Political Scandal
A Canadian development charity courted celebrities, enlisted legions of schoolchildren to raise funds, and built a new, commerce-fueled model of philanthropy. Then a Covid relief deal got people asking who was benefiting most
Britain Still Can't Escape Europe
Brexit will not end the U.K.’s long, fraught relationship with the Continent
A Dealmaker Rises At JPMorgan
Anu Aiyengar became co-head of global M&A just before the lockdown changed everything
Hamdi Ulukaya CEO, Chobani LLC - “The men and women we work with are the reason we exist”
Fifteen years ago, the Chobani founder bought a shuttered dairy factory and began making Greek-style yogurt. His privately held company now earns more than $1.5 billion in annual revenue—all while distinguishing itself as a champion of Good Business. Here, Ulukaya explains his magic formula to Bloomberg Businessweek Editor Joel Weber.