Bloomberg Businessweek 02/13/17
How Much Room to Grow?
Wall Street economists insisted for months that the labor market couldn’t possibly get tighter without triggering wage inflation. “We are at full employment,” Deutsche Bank Securities headlined a note to clients in October. “Leading indicators of inf
Trump’s ‘Big Number’ On Dodd-Frank
At a meeting with small-business leaders on Jan. 30, President Donald Trump pledged to do “a big number” on the Dodd-Frank Wall Street Reform and Consumer Protection Act, which Congress passed in 2010 in the wake of the financial crisis but which he
Guns for the Mentally Incompetent
Of all the measures to improve gun safety, background checks are among the most reasonable and popular. House Republicans lost no time on Feb. 2 in voting to weaken them. A bill approved on a mostly party-line vote in the House would rescind a rule
Ups Shares of Hasbro hit a high after the company reported an 11 percent increase in sales for the holiday quarter. Monopoly and other board games were a bright spot. One of 2016’s biggest private art deals recently came to light—Oprah Winfrey sold
Erdogan’s Empire State of Mind
His autocratic turn is transforming the secular state founded by Ataturk | “We have broken feelings against our friends and allies, so we will change Turkey”
Meet Venezuela’s New Iron-Fisted No. 2
A strongman with alleged ties to Iran is in line for the presidency | “Maduro’s dilemma is how to deal with the opposition”
In France, an Election Veers Off the Rails
François Fillon was leading in January. No more | “Can Macron embody the image of a president of a country…at war?”
Studios were set for a jump in China’s quota on U.S. films this year. Then came President Trump | “There is a disconnect between what Trump…might want to do and what Hollywood wants”
Big Meat Braces for A Labor Shortage
Refugees help satisfy the need for low-skilled workers | “It remains a challenge to fully staff the plant”
What Hudson’s Bay Likes About Macy’s
Property may be the retailer’s most valuable asset | “Macy’s has plenty of real estate opportunities”
GE’s Jeff Immelt
Since 2001, Jeff Immelt has shepherded General Electric through market tumult and political upheaval, as well as technological change. The chief executive officer of General Electric spoke with Bloomberg Editor-in-Chief John Micklethwait about Donald Trump’s agenda, the slowdown in globalization, and the digitalization of GE.
Trump’s New Math On Regulations
Trump’s cost-benefit analysis is all cost and no benefit | “These effects are extremely difficult to put a dollar amount on”
How to Lobby But Not Be a Lobbyist
Under Trump’s pledge, former officials can still peddle influence | Loopholes in its wording “are a huge disappointment”
Law Pushing Back on Public Dissent
Elise Young and Janan Hanna As political activists take to the streets in the largest numbers since the 1960s, Republicans in statehouses across the U.S. are devising laws to regulate public dissent. They say free speech doesn’t cover the kind of vi
China Makes Nice With Ivanka and Jared
Beijing seeks to cultivate Trump through his family | “There is no obvious China point person in his cabinet”
The Bot That Bluffed Me
AI breakthroughs may make it tougher for humans to compete in online poker matchups | “There was the idea that this game would be safer for much longer from these machines”
Bringing CAD To the Cloud
Onshape aims to give engineers new ways to collaborate | “This really required a clean sheet of paper”
Survival of the Fitted
Old-line retailers enlist the help of data-rich startups | “We’re building a recommendation engine around clothing”
Startup Types Build Ready-Made Activism
Disparate coders are hacking together protest websites | “We happen to have this extra little bit that we can do”
Innovation Smart Security Cameras
Michael Belfiore Form and function Security cameras may be ubiquitous, but they still miss a lot. And humans have to monitor their feeds for unusual activity. The Movidius Myriad 2 vision-processing chip is designed to help newer-model cameras inte
Blowing Down That Fiduciary Rule
Donald Trump asks for a second look at a rule requiring brokers to put their customers first | “Clients are savvier about hidden expense ratios and commissions”
A Sun-Dappled Tuscan Banking Mess
Bargain-priced estates are now the government’s problem | “There’s no price for these properties … there are no buyers”
Big Gas Finds, Bigger Political Problems
Egypt, Israel, and Cyprus are sitting on untapped fuel | “Either everybody rises or everybody falls”
Passive Investing for The Social Activist
A startup aims to build portfolios tailored to its customers’ values | Sustainability “is absolutely somewhere you can differentiate”
Meat Marketer
What’s more American,” the Carl’s Jr. narrator asks in a 2015 advertisement for the Most American Thickburger, “than a girl [swimsuit model Samantha Hoopes, biting into a potato-chip-stuffed cheeseburger that’s topped with a grilled hot dog] in a bik
Murder, He Calculated
A tenacious data miner has built a tool that can help find serial killers and bring down murder rates—if police are willing to use it
Young Money
Before a Monday Night Football game in Minneapolis in October, Steve Young seems to be doing the typical work of an ex-quarterback. Still fit and even boyish-looking at 55, Young is roaming a patch of sideline, chatting and taking pictures with a gro
Serenbe Now!
On a recent Tuesday, Steve Nygren was leading a tour of Serenbe, a planned community of 240 homes he began carving out of the woods outside Atlanta in 2000. Most of the group, myself included, clutched half-full coffees against the 30-degree weather.
How Do You Handle an Office Romance?
“I worked at a nonprofit several years ago, and we had a competent staffer who never gave me any reason to doubt her. She needed an assistant, so I delegated the hiring process to her, and she hired a young man who turned out to be good at his job. A
Pirates of the Rust Belt
In Glass House, corporate America raids a glass manufacturer and leaves an Ohio town reeling.