Bloomberg Businessweek - USA (2019-10-14)

(Antfer) #1

2


◼ CONTENTS Bloomberg Businessweek October 14, 2019

How to Contact
Bloomberg
Businessweek
Editorial
212 617-
AdSales
212 617-
731 LexingtonAve.,
NewYork,NY 10022
Email
bwreader
@bloomberg.net
Fax
212 617-
SubscriptionCustomer
ServiceURL
businessweekmag
.com/service
Reprints/Permissions
800 290-5460x
oremail
businessweekreprints
@theygsgroup.com
Letters to the Editor
can be sent by email,
fax, or regular mail.
They should include
the sender’s address,
phone number(s),
and email address if
available. Connections
with the subject of
the letter should be
disclosed. We reserve
the right to edit for
sense, style, and space.
Follow us on
social media
Facebook
facebook.com/
bloomberg
businessweek/
Twitter
@BW
Instagram
@businessweek

Cover:
AP Photo

CORRECTION “Buyouts Push Companies to the Limit. Or Over It” (Finance, Oct. 7) said the median debt multiple
for recent private equity deals in 2017 was more than 10 times Ebitda. The correct figure is 5.4. YALE LAB: GEORGE ETHEREDGE/BLOOMBERG

◼INBRIEF 5 Trump’staxes● Trump’stradewar● Trump’sSyriaswitch
◼OPINION 6 MikeBloomberg:Thepresidentis violatinghisoathof
office and abusing his power, and Congress must act

◼ REMARKS 8 Diesel engines are choking London

1


BUSINESS 12 Chinavs.theNBA?Therealsportsstoryis Antavs.Nike
14 Aramco’son-again,off-againIPOis onagain—promise
16 The Crown is nice, but does it have a singing neon parrot?

2


TECHNOLOGY 19 ▼ To fight cancer, take out the body’s trash

21 ChinesetechfacespressurefromtheU.S.—anditsworkers
24 Biohackers, “for the love of God, stop stabbing yourself”

3


FINANCE 26 Tradingcommissionsaredead,bute-traderswilllive on
28 HelpingWallStreetcasta widerrecruitingnet
30 A new risk in China’s shadow banking industry

ECONOMICS 34 U.S.businessis havinga crisisofconfidence
35 A blacklistcomplicatestradetalks
36 At the Bank of Japan, desperation is the mother of invention

POLITICS 39 TrumpandErdoganhandPutina win
40 AMLO’spartydebatesitsfuture—radicalorpragmatic?
42 Airport nightmare: Gun owners carrying in carry-ons

SOLUTIONS/ 45 Boxmaybeforcedtogetout of its box
THECLOUD 47 Oracle changes direction

◼PURSUITS 75 ThecaviarcavalcadeofSt.Moritz
78 Puffercoatsarefinallyfashionable
79 Skihotelsforluxurylodgers
80 Revivinga lostwinterwonderland
83 Clear mountain views—in any conditions

◼ LAST THING 84 What does D.E. Shaw have in mind for Emerson Electric?
Free download pdf