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Bloomberg BusinessweekBloomberg Businessweek

Bloomberg Businessweek

November 18, 2019

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.

Land:
United States
Taal:
English
Uitgever:
Bloomberg Finance LP
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50 Edities

IN DEZE EDITIE

access_time2 min.
in brief

The chances that U.K. Prime Minister Boris Johnson’s Conservatives will emerge victorious in the general elections next month have improved: Brexit Party leader Nigel Farage said he won’t contest seats the Tories won in 2017, leaving Johnson free to concentrate on winning districts held by Labour. Severe wildfires continue to burn across New South Wales. The two-year Australian drought has increased the risk of blazes in the state even before the start of summer, with isolated fires reaching Sydney, the country’s biggest city. “The violence has far exceeded the call for democracy, and the demonstrators are now the people’s enemy.” Hong Kong leader Carrie Lam deplored the increasingly violent protests shaking the city. Police continue to fire tear gas to disperse protesters; they’ve responded by setting cars on fire and dropping heavy objects…

access_time1 min.
agenda

▶ A Pickup Truck for the Electric Age On Nov. 21 in Los Angeles, Elon Musk unveils the latest addition to Tesla’s growing fleet of models: the electric Cyber Truck, a pickup with a design like something out of the Blade Runner movies and more power than Ford’s popular F-150. ▶ At the Nov. 22-23 CDU conference, Angela Merkel will shore up support for Annegret Kramp-Karrenbauer, her chosen successor as party leader. ▶ On Nov. 20 the European Central Bank releases its semiannual financial stability review, an assessment of potential risks facing the euro region. ▶ Bankers and government officials meet in Frankfurt starting Nov. 18 for Euro Finance Week. They’ll discuss banking strategy, tax reform, and compliance. ▶ South Africa’s Naspers reports earnings on Nov. 22. Its fortunes are closely linked to those…

access_time2 min.
make vaping expensive

The number of high school students who vape has risen 135% in just two years, and the government deserves more than a little blame. The U.S. Food and Drug Administration has dragged its feet on regulation, and lawmakers have resisted reforms to make e-cigarettes less appealing to children. Government inaction has jeopardized one of America’s greatest public-health achievements of recent years: the drastic decline in teen smoking. The House of Representatives can help put this right. It’s about to consider a tax on e-cigarettes—a policy that’s long overdue. E-cigarettes aren’t safe, though it took a mysterious outbreak of a lung ailment linked to 37 deaths to grab the country’s attention. On Nov. 8 the Centers for Disease Control and Prevention identified “one very strong culprit of concern” in its investigation into…

access_time8 min.
is it ok to show your real face at work?

Aaron Harvey is co-founder of Ready Set Rocket, a boutique advertising firm that’s done campaigns for fashion brand Michael Kors, pop star Rihanna’s fragrance, and upscale salad eatery Sweetgreen. He knows how to sell a lifestyle that people want to associate with. He’s also spent decades secretly living with a rare form of obsessive-compulsive disorder. Fed up with a corporate world in which it’s not OK to talk about that, he’s applying his branding skills to a topic that people generally try to avoid: mental health. Since the dawn of the corporate office park, mental health has been relegated to the “don’t ask, don’t tell” limbo of the American workplace. People who’ve been diagnosed with a condition such as depression or anxiety aren’t inclined to open up to bosses and colleagues.…

access_time5 min.
how nike started a sneaker arms race

Last month, elite marathoner Eliud Kipchoge ran 26.2 miles in less than two hours, breaking a barrier some thought impossible. The following day, fellow Kenyan Brigid Kosgei shattered the women’s marathon record. The common thread for both performances: the shoes on their feet. Kipchoge was running in a prototype featuring Nike Inc.’s latest Vaporfly technology. Kosgei was wearing an earlier version of the same shoe, which retails for $250. Their runs reignited a debate that’s simmered since Nike unveiled this class of shoes in 2017. The sneakers have a carbon fiber plate, lightweight foam, and a stiff forefoot that rocks you forward. Nike says they’re proven to decrease effort by at least 4%, helping you run faster on the road and recover quicker afterward. “Out of the box, you are 4%…

access_time6 min.
lagos is facing its bottle problem

With 21 million residents whose growing needs have far outpaced the supply of basic services such as electricity, water, and roads, Lagos, Africa’s most populous city, has plenty of unique challenges. But there’s one it shares with megacities around the world: a worsening plastic waste problem. The amount of plastic bottles used in Nigeria has doubled in just the past three years, to an estimated 150,000 metric tons annually, with half of them consumed in Lagos, according to the Food and Beverage Recycling Alliance (FBRA), a trade group. Four-fifths of the containers are never reused or recycled, and during even a modest rain, the city’s streets can flood because litter—much of it plastic trash—blocks drainage lines. That’s why informal collectors such as Mary Alex could be key to the city’s sustainability…

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