Business & Financiën
Bloomberg Businessweek

Bloomberg Businessweek 6/19/2017

Each issue of Businessweek features in-depth perspectives on the financial markets, industries, trends, technology and people guiding the economy. Get the digital magazine subscription today and draw upon Businessweek's timely incisive analysis to help you make better decisions about your career, your business, and your personal investments.

United States
Bloomberg Finance LP
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50 Edities

in deze editie

2 min.
editor’s letter

Welcome to the new Bloomberg Businessweek. Over the past six months, we’ve been working behind the scenes to improve one of the best-known brands in global business. For 88 years, Bloomberg Businessweek has covered the companies, people, and products that have shaped and reshaped the world’s economy. As the business landscape has evolved, so have we. More than ever, our readers need journalism to be more authoritative, more urgent, and more indispensable. We need to take you to where today’s events will be tomorrow’s trends. And we need to help you cut through the noise to better understand the dynamics that are disrupting the way we work and live. You’ll see this reflected in this week’s magazine, with its sharper storytelling, cleaner and more consistent design, and richer graphics and photography. The new…

2 min.
in brief

Americas ● Longtime General Electric CEO Jeffrey Immelt on June 12 announced his retirement. ● German discount grocer Aldi unveiled plans to add 900 stores in the U.S., bringing its total to 2,500. The expansion will cost the company $3.4 billion. ● Uber Technologies board member David Bonderman abruptly resigned after remarking that adding more female directors would result in “more talking” at meetings. ▷ 27 ● The Fed raised its benchmark interest rate target to 1 percent to 1.25 percent. ▷ 43 Europe ● Inditex, the retailer behind Zara, said its first-quarter profit surged 18 percent, to $733m ● Fire tore through a London high-rise early on June 14. At least 12 residents from the tower’s 120 apartments perished. ● European Union antitrust investigators named Nike, Comcast’s Universal Studios, and Sanrio, the company behind Hello Kitty, in a…

6 min.
alienating friends and comforting enemies

In the beginning, it was almost possible to believe Donald Trump had a coherent worldview. There were those, like Walter Russell Mead in Foreign Affairs, who argued that the president had a purposeful, Andrew Jackson-inspired “America First” policy. Alliances and treaties, especially trade deals, would be measured according to a narrow definition of national interest rather than long-term global stability. This was a simplistic, nearsighted strategy, but at least it made some political sense. It was what his constituency wanted. The primacy of domestic electoral considerations has certainly been notable in Trump’s world. His withdrawal from the nonbinding Paris climate accord is a lot more popular in places he won, like southern Ohio and western Pennsylvania (with the exception of Pittsburgh), than it is in California, where there are more…

2 min.
macron’s opportunity to change france

So the presidential election in France was no fluke: On June 11 voters put Emmanuel Macron’s new La République en Marche (Republic on the Move) party on course for a big parliamentary majority. If this is confirmed in the June 18 runoff, the young president will control not just foreign policy but domestic policy as well. His task in reforming the French economy, as he’s promised to do, certainly won’t be easy. What’s remarkable is that he might now conceivably succeed. Not long ago, Macron was a little-known minister in the administration of President François Hollande, a Socialist. Today, at the age of 39, he’s president, slayer of political opponents, and leader of a mighty parliamentary force. His allies are projected to win as many as 455 of the 577 seats…

3 min.
brexit could hurt the most here

Set back by a disastrous election and the loss of her parliamentary majority, U.K. Prime Minister Theresa May is under more pressure than ever to deliver what she calls “the promise” of Brexit—that Britain will prosper when it leaves the EU in March 2019. The vote was a stunning rebuke to the negotiating stance with the EU that May spent almost a year crafting. With divorce talks between the British government and the EU expected to begin on June 19, there’s now discussion of a softer Brexit in which Mayor her successor if she fails to cling to power—reorients the negotiation toward safeguarding trade and away from its previous focus on winning back control over immigration and lawmaking. While politics are in disarray, the economic realities haven’t changed. The testing grounds…

5 min.
this kushner likes obamacare

In 2012, amid the idealistic aftermath of the passage of the Affordable Care Act, Josh Kushner started a health-care company. Kushner—younger brother of Jared and brother-in-law to Ivanka Trump—launched Oscar Insurance Corp. with two Harvard Business School classmates, Kevin Nazemi and Mario Schlosser. The idea was to make the healthcare system easier to navigate for patients by, for instance, improving customer service and designing bills that were easier to understand. “Our motivation was like, man, these bills suck,” says Schlosser, the chief executive officer. “Our motivation was like, man, these bills suck” Oscar opened its doors in New York during the first Obamacare enrollment period in 2013. An ad campaign aimed at millennials talked up a slick iPhone app that allows patients to set up phone consultations with physicians. The company later…