Bloomberg Businessweek USA - 12.08.2019

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◼ CONTENTS Bloomberg Businessweek August 12, 2019

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Cover:

Photograph by

Molly Cranna

for Bloomberg

Businessweek MEDICARE: PHOTOGRAPH BY KAREEM BLACK FOR BLOOMBERG BUSINESSWEEK

◼IN BRIEF 5 India revokes autonomy in Kashmir; Flint ousted at HSBC

◼ OPINION 6 Michael R. Bloomberg: Pass common-sense gun laws now

◼ REMARKS 8 The weak yuan is a strong weapon against Trump

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BUSINESS 13 Big Pharma shows little interest in on-demand birth control

15 German tour company TUI navigates choppy waters

16 China is the Cadillac of markets for Cadillac—and Lincoln

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TECHNOLOGY 18 Android’s remarkable path to world conquest

22 A drone sailboat brings back climate clues from Antarctica

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FINANCE 24 Powell, Trump, and Xi bang heads, investors get whiplash

26 A money laundering crackdown creates lots of jobs

ECONOMICS 28 Capital spending takes a back seat to buybacks

30 Vietnam’s trade-war-fueled boom may make it a tariff target

POLITICS 32 The NRA is hobbled, but don’t expect tougher gun laws

34 California struggles to square housing and the environment

35 ▼ The Long Campaign: Bernie bets on Medicare for All

SOLUTIONS 36 New airports in Asia aim to lure non-travelers, too

38 Santiago plugs in to electric buses

◼ PURSUITS 57 Want to have the best fishing trip? It’s all in the guide

60 The enduring appeal of bamboo fly rods

62 The completely annotated Green Highlander Hairwing

65 Swap your annual fishing trip for your own fishing ranch

66 One man’s campaign to save salmon

67 Hobie takes the hands-free kayak in new directions

◼ LAST THING 68 The pros and cons of a smoother, steadier economy