Bloomberg Businessweek - USA (2019-07-29)

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◼ CONTENTS Bloomberg Businessweek July 29, 2019

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Cover:

Photograph by

Ryan Lowry

for Bloomberg

Businessweek

PHOTOGRAPH BY ALEX GAGNE FOR BLOOMBERG BUSINESSWEEK

◼INBRIEF 5 A trillion-dollardeficit;Muellertestifies;foodstamps

◼AGENDA 6 TheFed’snextmove;BeyondMeat;joblessfigures

◼OPINION 6 Consensus on the budget—and it’s not a good thing

◼ REMARKS 8 Why oil stays cheap as tensions rise in the Persian Gulf

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BUSINESS 12 ▼ Sharks are filling Cape Cod waters. Businesses love it

14 ABInBevtriesnottoactliketheworld’sbiggestbrewer

15 Chris Nassetta on how trade spats are affecting Hilton

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TECHNOLOGY 16 Apple’sheirapparentis moreofa Timthana Steve

18 Whatcanbedonetokeepcryptocurrencies honest?

19 An autonomous sub to head off oil spills

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FINANCE 20 Theconfusingnewworldofbondswithnegativeyields

23 Cheapmoney’schangingeverything—andnotgoingaway

24 Odd as subzero rates are, the ECB has few alternatives

ECONOMICS 26 CanMitsotakisfixaneconomyasbrokenasGreece’s?

28 There’s something fishy about India’s rosy numbers

POLITICS 30 BorisJohnson’snewjobwillbeharderthan he thinks

32 Frustration boils over in Puerto Rico

◼PURSUITS 56 Women-onlyralliescatchmotorcyclemakers’attention

58 MoulinRouge!hasthehardest-workingsetonBroadway

60 ChucktheOldSpice;deodorantsaregoingnatural

61 Whyseabuckthornis showinguponsomanymenus

62 MyFriendAnnawasa conartist(whotookthisauthor)

63 The advantages of having a 39-inch-tall cold brewer

◼ LAST THING 64 Maybe this wasn’t the best time for 3M to buy Acelity