Bloomberg Businessweek - USA (2019-12-23)

6

 CONTENTS Bloomberg Businessweek December 23, 2019

NEW ROCHELLE: PHOTOGRAPH BY ROB STEPHENSON FOR BLOOMBERG BUSINESSWEEK.

WEWORK

COVER:

AMY

LOMBARD

 REMARKS 8 Asset bubbles, negative rates—’tis the season to be wary

BUSINESS 14 The 737 Max’s woes may have started with pilot training

17 Airfares aren’t going up, but fees sure are

18 Emirates rakes it in on the Dubai-Riyadh route

TECHNOLOGY 23 Is sucking up CO2 the coming great green technology?

25 Your next lawyer could be a software program

26 Patri Friedman’s roundabout push for mini-city-states

FINANCE 29 Banks can’t stop dressing up the numbers

32 On Wall Street, a few signs of #MeToo

ECONOMICS 35 Japan strikes at South Korea’s export machine

36  Can’t afford Manhattan? New Rochelle wants you

38 How climate change helped spark a Chilean revolution

POLITICS 40 Winning was easy for Boris Johnson. Now the hard part

42 Impeachment may be a gift for Biden in Iowa

43 Merkel looks set to weather whatever storm comes next

44 If Brexit, wonders Western Canada, why not Wexit?

 LAST THING 80 In praise of the dullest bull market ever

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 COVER TRAIL

How the cover

gets made

①

May 2019

“So we’ve got this

story about WeWork.

They’re spending a ton

of money and may not

even have a busin—”

“I think we should

burn money.”

Thirty weeks and

a dramatic collapse of

WeWork later

②

December 2019

“So we’ve got this story

about SoftBank, which

invested in WeWork—”

“-_____-”

“Ehhh ... I mean, I love

it, but what if it’s, like, a

bit too harsh, and they

really have something

here? I dunno,

I’m just—”

“Fiiiineee. Ugh.

Whatever, we’ll shoot

the CEO. But I’ll

remember this.”

Cover:

Photograph by

Jamie Chung

for Bloomberg

Businessweek; prop

stylist: Amy Henry;

pyrotechnics:

Mike Meyers