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Bloomberg Businessweek

Bloomberg Businessweek 9/25/2017

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.

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Country:
United States
Language:
English
Publisher:
Bloomberg Finance LP
Frequency:
Weekly
$7.99
$59.99
50 Issues

in this issue

17 min
the nestlé bottled water cycle

Inside, workers wear hairnets, hard hats, goggles, gloves, and earplugs. Ten production lines snake through the space, funneling local spring water into 8-ounce to 2.5-gallon containers; most of the lines run 24/7, each pumping out 500 to 1,200 bottles per minute. About 60 percent of the supply comes from Mecosta’s springs and arrives at the factory via a 12-mile pipeline. The rest is trucked in from neighboring Osceola County, about 40 miles north. “Daily, we’re looking at 3.5 million bottles potentially,” says Dave Sommer, the plant’s 41-year-old manager, shouting above the din. Silos holding 125 tons of plastic resin pellets provide the raw material for the bottles. They’re molded into shape at temperatures reaching 400F before being filled, capped, inspected, labeled, and laser-printed with the location, day, and minute they were…

2 min
mexico city earthquake

Residents of Mexico City swung into action after a powerful earthquake rocked la capital on Sept. 19. At press time, the 7.1 magnitude temblor had left at least 225 dead, including many schoolchildren, and reduced some 40 buildings to rubble, while 45 more were at risk of collapsing. Throughout the city, military police, paramedics, and volunteers sifted rubble to locate survivors, often calling for silence to listen for voices of trapped victims. Eric Bautista, an accountant at Siemens Gamesa, says he has no experience in rescue work, but when “I found out on Twitter this was happening, I came right over.” He joined the hundreds of volunteers who swarmed La Condesa, one of the neighborhoods that suffered the most destruction. While the economic toll has yet to be calculated, Edward Glossop of…

3 min
the chinese caviar connection

Mention China alongside almost any food product, and people get nervous. After international incidents involving bleach-soaked meat, antifreeze-laced apple juice, and pine nuts “unfit for human consumption,” the country “is known for tainted food because of repeated quality-control scandals,” says Shaun Rein, managing director for the China Market Research Group. Kaluga Queen, which produces its caviar about 300 miles southwest of Shanghai, is mindful of these associations. “The biggest obstacle is the low trust of Chinese food safety,” says Lily Liu, marketing manager for parent company Hangzhou Qiandaohu Xunlong Sci-tech Co. And yet after the first tin was shipped in 2006, Kaluga Queen quickly became the caviar of choice for 21 of the 26 Michelin three-starred restaurants in Paris, including Alain Ducasse at the Plaza Athénée Hotel. Seafood specialist Eric Ripert serves…

1 min
architecture

The Benefit This so-called generative design process can quickly determine the best trade-off between weight and structural strength or reconfigure buildings based on workers’ preferences for seating and other elements. Innovator ● David Benjamin ● Age: 45 ● Head of the Living group at Autodesk Research in New York Background Benjamin received a master’s in architecture from Columbia before founding the Living as a design firm specializing in the latest software. Autodesk acquired the company in 2014, while the Living was refining a cabin partition design for Airbus SE planes. Incentives Artificial intelligence design assistance can automatically adapt previous designs for new projects, saving hours of drafting work. Augmentation “In the best-case scenario,” Benjamin says, generative design enables “a kind of co-design between human and computer that could not be possible by human alone or computer alone.” Office Fab As part of Project…

1 min
tambour home bar

THE CHARACTERISTICS Handmade and built to order, the Tambour bar was designed by Aaron Poritz, who runs his five-year-old design studio out of the Navy Yard in Brooklyn, N.Y. Poritz, a former architect, is inspired by the kind of minimalism practiced by Bauhaus designers such as Marcel Breuer. The tambour-style doors, a trademark, are made of thin slats of walnut veneer that slide around the perimeter of the 50-inch-wide, 150-pound bar and open to reveal four sections for bottles and stemware, three drawers, and a sliding tray for mixing, with additional shelving below. THE COMPETITION At $18,500, the Tambour bar approaches the top end of custom cabinetry. The 72-inch-tall, $31,000 Convivium storage unit from B&B Italia is larger and more multifunctional while sporting orange leather-lined shelves supplied by Hermès. Off-the-rack home bars vary.…

6 min
cristiano ronaldo and the ‘volatile’ investments

In August, Cristiano Ronaldo sent a message to his 59 million Twitter followers. “Happy with my new partnership with @EXNESS,” wrote the Real Madrid striker and world’s most famous soccer star. He also retweeted a statement from a company called Exness Group, in which he praised how it fosters a “socially conscious culture.” European regulators may disagree. Exness, an online brokerage based in Cyprus, deals in so-called contracts for difference (CFDs), instruments that officials across the continent are seeking to curb because of the risks they pose to individual investors. It offers leverage, or borrowed funds, of as much as 500 times traders’ deposits, a feature that rule makers say helps people lose money on market bets they don’t understand. Ronaldo has 21 million more Twitter followers than President Donald Trump, and…