COS
- ECONOMY
Russia’s Brain Drain Becomes a Stampede for the Exits
(Bloomberg Businessweek) — In Kyrgyzstan a member of parliament urgently called on the government to start creating jobs and setting…
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China Locks Down Shenzhen, Jilin as Cases Spread: Virus Update
(Bloomberg) — China locked down Shenzhen city and Jilin province, threatening technology and auto manufacturing output in the nation’s latest…
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Peloton Got Trapped in Its Trillion-Dollar Fantasy
(Bloomberg Businessweek) — Up until a few years ago, it was safe to assume that someone using the word “peloton”…
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Facebook’s Metaverse Vision Questioned by Gaming Veteran
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is among the most vocal proponents of the future of the metaverse, but…
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The Bond King’s Genius Was No Match for His Ego
(Bloomberg Businessweek) — I. Team Bonding When Bill Gross started his career in investing in the fixed-income department of a…
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Elite International Schools Have a Racism Problem
(Bloomberg Businessweek) — The “placement gong” rings out in the offices of Teaching Nomad, a recruiter for international schools, every…
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A Billionaire’s Heir Hangs Up His Healing Crystal to Fix Capitalism
(Bloomberg Businessweek) — William Peterffy, the only son of billionaire Thomas Peterffy, has cycled through a lifetime’s worth of occupations…
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Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord
(Bloomberg Businessweek) — Javier Vidana started out as a real estate agent in 2013, when Arizona’s Salt River Valley seemed…
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Syngenta, Chevron Could Face Billions in Claims Over Weed Killer
(Bloomberg) — Yet another popular weed killer used by American farmers for decades is becoming a costly liability for the…
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China’s Ghost Cities Are Finally Stirring to Life After Years of Empty Streets
(Bloomberg Businessweek) — Conjured out of nothing and lived in by seemingly no one, China’s so-called ghost cities became the…
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Delayed Wuhan Report Adds Crucial Detail to Covid Origin Puzzle
(Bloomberg Businessweek) — The origin story of Covid-19 remains a mystery mired in contentious geopolitical debate. But a research paper…
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Bordeaux 2020: The 19 Wines to Buy From the Strangest Vintage Ever
(Bloomberg) — Château Margaux, $620 a bottle; Château Lafite Rothschild, $695; Haut-Bailly, $139; Ducru-Beaucaillou, $239 . . . The final…
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UBS O’Connor CIO Tries to Stay ‘Million Miles’ From Meme Stocks
(Bloomberg) — Kevin Russell, chief investment officer of UBS Group’s $9 billion hedge-fund unit UBS O’Connor, joined this week’s “What…
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Sexy Tea, the Lion King and Taiwan’s Lost Innocence
(Bloomberg Opinion) — After 15 months leading the world as a case study in epidemic management, Taiwan’s bubble has burst. In…
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The World Economy Is Suddenly Running Low on Everything
(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today,…
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NFTs Are ‘Loot’ in This New $21 Million Crypto Gaming Venture
(Bloomberg) — A group of gaming veterans has raised an initial round of funding to help launch Big Time Studios,…
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Byju’s to Become India’s Most-Valuable Startup After UBS Funding
(Bloomberg) — Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of…
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Merck’s Little Brown Pill Could Transform the Fight Against Covid
(Bloomberg Businessweek) — The story of what might become the next major breakthrough in Covid-19 treatment starts on a hotel…
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The Pandemic Is Creating a ‘Postwar Boom’ for Luxury Carmakers
(Bloomberg) — Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it…
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Cathie Wood’s ARK ETF Is No Ticking Time Bomb
(Bloomberg Opinion) — A great deal of attention these days is being focused on Cathie Wood’s ARK funds, particularly the…
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Travel Industry Sees Glimmers of Recovery in Africa, Antarctica
(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped?…
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