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◼ CONTENTS Bloomberg Businessweek January 27, 2020Cover:
Photoillustrationby
JustinMetz;photos:
GettyImages(3);
Tesla(1) WARREN: PHOTOGRAPH BY TIM GRUBER FOR BLOOMBERG BUSINESSWEEK. LEGS(TOP):GETTYIMAGES.LEGS(BOTTOM):PHOTOGRAPHBYFINLAYMACKAY FOR BLOOMBERG BUSINESSWEEK; STYLIST: AJA COON◼INBRIEF 7 Trumpontrial● CoronavirusspreadsbeyondChina
◼AGENDA 8 TheFedsetsrates● Boeing,Apple,andFacebookearnings◼REMARKS 10 Freetradeis dead.Longlivemanagedtrade1
BUSINESS 14 AfterHongKong’sprotests:A drasticdropin tourism...
17 ... anda slumpforretailersasmainlandshoppersstayaway2
TECHNOLOGY 20 Makingthewebtrulyworldwide,onthecheap
22 A TrumptradeloopholeburnsU.S.solarpanelmakers3
FINANCE 24 Creditcardlimitsarerising—andsoaredelinquencies
26 Quantsturntheiralgorithmstowardfindinggreenstocks
27 FromAirbnbtoReynoldsWrap:Who’sgoingpublicin 2020ECONOMICS 28 Policymakers’questtodefine“fullemployment”
30 EthiopiahopesprivatizationwillsweetenitseconomyPOLITICS 32 ▼Aftera yearofcampaigning,it’sfinallytimeforIowa35 Universalhealthcareis coming!ToSouthAfricaSTRATEGIES 38 Onlineworkclubsoffercompanytolonelyfreelancers
40 Wherestressedtechleadersgoforsupport
41 Doyouhavethehumilitytolead?◼PURSUITS 67 PalmBeachrealestateis hot—exceptnearMar-a-Lago
72 LuxurywatchmakersbegintobreakfromBaselworld
73 Someuglylimeswithbeautifulflavor
74 ThepseudosciencerealityTVofNetflix’sTheGoopLab
75 A wirelessspeakersystemtodelighttheearsandeyes◼LASTTHING 76 Amongunicorninvestors,thefirstshallbefirstHow to Contact Bloomberg Businessweek
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bloombergbusinessweek/ ▶TWITTER @BW ▶ INSTAGRAM @businessweek◼ COVER TRAIL
How the cover
getsmade
①
“So this week’s cover
story is about Tesla
shorts.”
“Tesla shorts?”
“There’s this group of
skeptics called $TSLAQ
on Twitter who short-sell
the stock and drive
Elon Musk crazy.”
“I see. Tesla shorts ...”
[Hums She’s Got Legs
quietly to self.]
②“Something like this?”
“You know, I think you’re
onto something.”
Three days and one
photo shoot later ...
③“OK, yeah, that’s too
much leg.”
“You realize that if we
don’t do this on the
cover, I’ll do it twice as
big on the inside.”
“I love a good
compromise.”