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◼ CONTENTS Bloomberg Businessweek August 5, 2019How to Contact
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@businessweekCover:
Illustration by
Scott GelberCORRECTION “Elizabeth Warren Is Done Playing It Safe” (Cover, July 29) said Al Franken was first elected
to the Senate in 2012; he was elected in 2008. AMLO: PHOTOGRAPH BY BRETT GUNDLOCK FOR BLOOMBERG BUSINESSWEEK◼IN BRIEF 7 Brexit or bust for Johnson; Bayer’s weedkiller woes grow
◼ AGENDA 8 Dems hit the midway in Iowa; China reports on trade
◼ OPINION 8 Countering Iran at sea will require an international effort◼ REMARKS 10 Big Media wants in on Netflix’s turf. There will be blood1
BUSINESS 14 Fantasy runs into troubling reality at Victoria’s Secret
16 Brazil’s Natura is calling on Avon to help take it global
18 Oatly’s path to alt-milk world domination2
TECHNOLOGY 20 Jess Lee carves out a space in the male world of VC
22 Capturing carbon with “a tree that grows like grass”3
FINANCE 24 Turmoil at South Africa’s state-owned money manager
26 The end is near for the strong-dollar policy. Well, maybe
27 CEO Adena Friedman on moving Nasdaq beyond tradingECONOMICS 28 Inequality as an investment play is over
29 The surprising resilience of small liberal arts colleges
31 China’s Gen Z falls hard for easy creditPOLITICS 32 ▼ A Q&A with Mexican President López Obrador34 PredictIt has opened up a big lead in 2020 election betting◼ PURSUITS 51 Expedition cruises offer luxury—and cultural complexity
55 Elegant water pitchers from $20 to a cool $9,
56 Porsche or no, the 1939 Type 64 will fetch a pretty penny
58 The African American story is an American story
59 Play like the devil on a guitar built with wood from a church◼ LAST THING 60 Ultralow interest rates are good news/bad news for states