2019-09-16 Bloomberg Businessweek

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◼ CONTENTS Bloomberg Businessweek September 16, 2019

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FACTORY: PHOTOGRAPH BY LYNDON FRENCH FOR BLOOMBERG BUSINESSWEEK

◼ IN BRIEF 5 Boris and Brexit; WeWork’s IPO; India on the moon

◼ AGENDA 6 Israel elections; Berlin protests; Labour vs. Conservatives

◼ OPINION 6 Building the wall—with money that shouldn’t go toward it

◼ REMARKS 8 This trade war is likely to have unintended consequences

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BUSINESS 12 The struggle to wean cruise ships off oil

13 China tries to halt online gambling (it isn’t easy)

14 Post-World Cup, can women’s soccer make more noise?

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TECHNOLOGY 17 Alibaba’s new chairman finds Jack Ma a hard act to follow

20 DNA tester Orig3n has allegedly doctored results—a lot

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FINANCE 22 Banks have carbon footprints. How to measure them?

24 What money managers see in negative-yielding bonds

25 A hedge fund legend, when he’s not playing club dates

4

ECONOMICS 26 ▼ In the swing-state heartland, it sure looks like recession

29 India’s car industry stalls

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POLITICS 30 What happens to Mario Draghi after he leaves the ECB?

33 John Bolton’s loss is Mike Pompeo’s gain

34 The U.S. isn’t happy about China’s investments in Israel

◼ PURSUITS 56 The fall art season is here; forward motion is the theme

60 Vija Celmins is low-profile, yet her art sells in the millions

62 What going private will do to Sotheby’s

63 John Chamberlain’s small sculptures rate a close look

◼ LAST THING 64 The poet who sued—but couldn’t stop the party

Cover:

Photo illustration

by Justin Metz;

photo: Getty Images

2

◼ CONTENTS Bloomberg Businessweek September 16, 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

FACTORY: PHOTOGRAPH BY LYNDON FRENCH FOR BLOOMBERG BUSINESSWEEK

◼INBRIEF 5 BorisandBrexit;WeWork’sIPO;Indiaonthemoon

◼AGENDA 6 Israelelections;Berlinprotests;Labourvs.Conservatives

◼OPINION 6 Building the wall—with money that shouldn’t go toward it

◼ REMARKS 8 This trade war is likely to have unintended consequences

1

BUSINESS 12 Thestruggletoweancruiseshipsoffoil

13 Chinatriestohaltonlinegambling(itisn’teasy)

14 Post-World Cup, can women’s soccer make more noise?

2

TECHNOLOGY 17 Alibaba’snewchairmanfindsJackMaa hardacttofollow

20 DNA tester Orig3n has allegedly doctored results—a lot

3

FINANCE 22 Bankshavecarbonfootprints.Howtomeasurethem?

24 Whatmoneymanagersseein negative-yieldingbonds

25 A hedge fund legend, when he’s not playing club dates

ECONOMICS 26 ▼ In the swing-state heartland, it sure looks like recession

29 India’s car industry stalls

POLITICS 30 WhathappenstoMarioDraghiafterheleaves the ECB?

33 JohnBolton’slossis MikePompeo’sgain

34 The U.S. isn’t happy about China’s investments in Israel

◼PURSUITS 56 Thefallartseasonis here;forwardmotionis thetheme

60 VijaCelminsis low-profile,yetherartsellsin the millions

62 WhatgoingprivatewilldotoSotheby’s

63 John Chamberlain’s small sculptures rate a close look

◼ LAST THING 64 The poet who sued—but couldn’t stop the party

Cover:

Photo illustration

by Justin Metz;

photo: Getty Images