Bloomberg Businessweek2 min letti
An Election Like No Other
Throughout this issue, we’ve highlighted words that pick up on six current American crises: It’s 2020, and everything is broken. The novel coronavirus is ravaging the globe—especially in the U.S., where more than 180,000 lives have already been los
Bloomberg Businessweek13 min lettiPolitics
The Color Of the Rust Belt
One afternoon in June, Mike Mikulich led a masked visitor into the empty chambers of the Ambridge Borough Council and dropped his mobile phone and thick forearms worthy of a former steelworker onto a table. As council president he’d been wrestling wi
Bloomberg Businessweek10 min lettiPolitics
Where Politics Is Still Local
Montana’s Battle of the Steves started at the buzzer. On the morning of March 9, the last day to file as a challenger to U.S. Senator Steve Daines, the first-term incumbent held a commanding lead in his bid for reelection. Daines, a former software e
Bloomberg Businessweek13 min lettiPolitics
How the Republicans Are Losing Suburbia MARICOPA COUNTY, ARIZONA
When Sean Bowie first ran for an Arizona state Senate seat in 2016, his odds didn’t look great. The 32-year-old Democrat was running in a suburban Phoenix district that was entirely red: The two state House members and one senator representing the 18
Bloomberg Businessweek18 min letti
The Deciders
CHARACTERISTICS ○ Some of the 1.4 million Floridians with past felony convictions who had their voting rights restored in 2018—with state-imposed conditions In 2018, Florida voters passed a ballot initiative, Amendment 4, that restored voting rights
Bloomberg Businessweek13 min letti
Vote-by-Mail Is the Easy Part
If there’s one thing Kenny Montgomery thought he could always count on, it was the arrival of the U.S. mail. He’d delivered it himself during heat waves and blizzards in Rochester, N.Y. He trudged through the city with a mail sack over his shoulder d
Bloomberg Businessweek15 min lettiPolitics
A To-Do List
For a country that is losing a war, the U.S. is having a strange election. One hundred and eighty thousand Americans have died from Covid-19—more than double the number who perished in Vietnam, Afghanistan, and Iraq combined. America has done signifi
Bloomberg Businessweek2 min letti
What Will Change
Biden teams with Europe to restrain China. “The Democrats are more likely to link economic, strategic, and human-rights concerns, taking relations into an even more difficult period.” —① Trump keeps the heat on China, though having won reelection he
Bloomberg Businessweek3 min letti
Pro E-Gamers Hit the Gym
Doug Gardner spent two decades helping athletes at the Boston Red Sox, the NFL Players Association, and various university teams cope with their inner demons and overcome the mental blocks that impede peak performance. Then in 2017, he shifted from f
Bloomberg Businessweek2 min letti
Knit Pickers
The chunky fisherman sweater—knit on North Atlantic shores from Norway to Nova Scotia—is distinguished by its varying textures and symmetrical patterns. Traditionally it was made from untreated wool, which is naturally waterproof. This fall, longtime
Bloomberg Businessweek3 min letti
The Summer’s Best Movie Was a Game
At least six years in the making, with a crew of thousands and a budget likely in the neighborhood of $100 million, Sony’s The Last of Us Part II could easily be confused with a big-screen action epic. In fact, although it’s a video game, TLOU2— as f
Bloomberg Businessweek5 min lettiFashion & Beauty
Not Dead Yet
The onset of a global pandemic has hastened the most dire predictions for the suit. After all, the power brokers and their power suits can no longer power-lunch. Instead, they’re working from home in Greenwich, Conn., the Hamptons, or wherever they’v
Bloomberg Businessweek5 min letti
The Big Business Of Nothing
The new big-money status symbol of 2020 is running your own blank check company. Hedge fund billionaire Bill Ackman has a new one. Oakland A’s executive Billy Beane, who was played by Brad Pitt in the film Moneyball, got into the game with an initial
Bloomberg Businessweek3 min letti
Luxury Without the Logo
Dedicated followers of fashion tend to fall into two groups: those who favor a heavily branded look that’s as subtle as a football jersey, and those who favor a discreet, under-the-radar style that announces itself only to a select few. E-commerce si
Bloomberg Businessweek4 min letti
Send Gold, Bitcoin, and Whisky
One lunchtime in 2009, as the U.S. Federal Reserve started purchasing Treasuries in the aftermath of the global financial crisis, Richard Hodges stepped out of his office to buy his first gold bar in the City of London. Over the next decade, he built
Bloomberg Businessweek1 min letti
All Ears
Barocko, the new high jewelry collection from Bulgari SpA, takes its name and inspiration from the Baroque sculptures and monuments of Rome, where the company was founded in 1884. The diamonds—there are 26 in different configurations across this pair
Bloomberg Businessweek3 min letti
Diversity Is Hard To Put On An Index
Calls for racial diversity at every level of the corporate world have inspired socially conscious investors. It’s a powerful group, with more than $30 trillion in global assets backing companies that prioritize environmental stewardship, social impac
Bloomberg Businessweek2 min letti
Don’t Call It a Honeybee Comeback Yet
Since hitting a low point in 2008, beset by the apocalyptic-sounding colony collapse disorder, America’s honeybees have been on the comeback trail. The number of colonies the U.S. Department of Agriculture counts is back up to almost 3 million, a lev
Bloomberg Businessweek2 min letti
In Brief
Global Covid-19 cases have now topped 24m and deaths have surpassed 822,000. President Trump said he would expand access to a treatment using blood plasma from people who’ve recovered from the virus, but researchers warned that the therapy’s benefits
Bloomberg Businessweek5 min letti
Escape From L.A.
Homebuilder Jimmy Previti’s sales haven’t been this strong since the last decade’s housing boom. And that makes him nervous. His home turf, the Inland Empire, 45 miles from Los Angeles, is at the center of a suburban land rush. In the Covid-19 era, t
Bloomberg Businessweek2 min lettiPolitics
The U.S. Needs A Realistic Russia Strategy
The suspected poisoning of Russian opposition leader Alexei Navalny underscores the dangers Russians face for speaking out against President Vladimir Putin. It’s also a warning to those protesting for democratic change in neighboring Belarus. So long
Bloomberg Businessweek4 min letti
Undoing India’s Gains in Fighting Poverty
Millions of migrant workers in India made arduous journeys back to their villages after the government imposed the world’s largest lockdown in March. Many say caste discrimination they face in rural hinterlands is reversing even the small economic an
Bloomberg Businessweek1 min letti
An Economic Tumble
India releases its fiscal first-quarter GDP figures on Aug. 31. Economists predict a contraction of about 20%, and the central bank has warned of a severe shock to consumption that will take a long time to recover from. 32 Daimler unveils its new S-
Bloomberg Businessweek4 min letti
A $1 Billion Bonanza for Phantom Companies
A federal program meant to help small businesses hurt by the coronavirus pandemic may have sent more than $1 billion to places it shouldn’t have gone, according to a Bloomberg Businessweek analysis of Small Business Administration data. In some parts
Bloomberg Businessweek3 min letti
Dear Fed,
Hey there! It’s me, the stock market. I know it’s weird to write you like this, but I felt like I needed to drop a quick thank-you note for everything you’ve done for me this year. I mean, your big ol’ balance sheet is almost $3 trillion larger since
Bloomberg Businessweek6 min lettiPolitics
Battleground Georgia
The residents of the once reliably Republican Atlanta suburb of Johns Creek signaled in 2018 that their politics were changing, along with the world beyond their manor homes and undulating country club fairways. In an excruciatingly close gubernatori
Bloomberg Businessweek4 min letti
Can Direct-to-Door Slushees Beat Amazon?
America’s 152,000 convenience stores survived—even thrived—during the Amazon era by being the quickest way to buy things like ice cream and cigarettes. They mostly ignored the web because they could, thanks to their ubiquitous presence on urban stree
Bloomberg Businessweek6 min letti
Retirement America’s VanishingTrust Fund
A monthly check from Social Security is the only thing keeping millions of older Americans out of poverty. Half of married senior citizens and 70% of unmarried seniors get at least half of their income from it, according to the Social Security Admini
Bloomberg Businessweek4 min lettiPolitics
China’s Factories Need A Little Christmas
In January toymaker Dave Cave was feeling good about the year ahead. Orders were coming in for Mighty Megasaur, and he was readying a racing game to coincide with the release of the latest installment in the Fast & Furious franchise. Then the coronav
Bloomberg Businessweek5 min letti
Looking Beyond The 60/40 Rule
It’s an investing strategy that many trace back almost a century, when a young accountant named Walter Morgan started to become alarmed at the rampant speculation in the booming 1920s stock market. His solution was what became known as the Wellington
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