A woman in Istanbul sent a panicked message to her lawyer: Her ex-husband was on his way to pick up their 9-year-old daughter. He threatened to kill her if she tried to stop him.

This was three days after Turkey announced in March that it was

For digital currencies to continue that upward trajectory, however, they need to “expand the investor base”—a euphemism for finding new and, almost by definition, less sophisticated investors willing to pump up the price of Bitcoin, Ethereum, Dogecoin, and any other cryptocurrency that is the flavor of the day.

Caracas once looked like a glimpse of Latin America’s future.

When petrodollars flowed into Venezuela in the 1960s and ’70s, the nation’s capital experienced a building boom. Highways ringed the growing metropolis, which boasted a university suffused with public art and the region’s tallest skyscrapers. Big American cars prowled the streets, thanks to generous fuel subsidies, while world-class museums and theaters and state-managed housing complexes were built.

Led by Bhavish Aggarwal, the e-mobility business is a follow-up to ride-hailing startup Ola, which is expected to make its debut on public markets next year. The vision for his newest venture is to provide the world “clean mobility, a carbon-negative footprint, and an inclusive workforce,” the founder said. The first group of workers started this week at the factory in Krishnagiri, about 2.5 hours southeast of Bangalore, which will cost $330 million to complete. “At full capacity, Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally,” he wrote in a blog on Monday.

The meeting started with a thank-you. President-elect Donald Trump was planted at a long table on the 25th floor of his Manhattan tower. Trump sat dead center, per custom, and, also per custom, looked deeply satisfied with himself. He was joined by his usual coterie of lackeys and advisers and, for a change, the heads of the largest technology companies in the world.

“These are monster companies,” Trump declared, beaming at a

State borders that were previously little more than photo opportunities are now fortified in a bid to keep out residents from Covid-hit places. Separated family members are defying police orders by hugging each other across the barricades, and some Australians have been denied the right to retrieve their children or visit dying relatives.

Powered by a single 80-kilowatt-hour battery located in the center of the vehicle, Porsche’s new Mission R concept car is neither approved for FIA racing nor street legal. But it offers a tantalizing peek at the marque’s electric ambitions.

“It’s an idea of how customer motorsport could be in the future,” says Holger Eckhardt, spokesperson for customer motorsports, during a private video call with reporters in advance of the car’s debut on Monday at the

It was a public demonstration of a close corporate relationship that has since disintegrated. On May 3 a federal court will begin hearing arguments in a trial centered on Epic’s claims that Apple extracts money from developers by abusing its market power, and Apple’s counterclaims that Epic breached its contract. The financial stakes could extend into the billions of dollars, and the decision may have ramifications for tens of thousands of mobile developers. On April 30 the European Commission charged that Apple’s restrictions on developers had

For digital currencies to continue that upward trajectory, however, they need to “expand the investor base”—a euphemism for finding new and, almost by definition, less sophisticated investors willing to pump up the price of Bitcoin, Ethereum, Dogecoin, and any other cryptocurrency that is the flavor of the day.

Neither Drisaldi nor his wife, Janett Perez, an American citizen, had received a single warning about the recall, he says. “Someone needs to be held responsible,” he says. “You buy a car with air bags and assume you’re protected. I now realize all the years we had that car, we were driving with a gun pointed to our heads.”

It’s hard to overstate the turmoil restaurants have experienced since the pandemic closed down dining rooms across the country in early 2020. No surprise, New York City chefs and restaurateurs have worked to persevere.

This year has already seen

The U.S. government has poured trillions of dollars into the economy to support pandemic recovery, with President Joe Biden and Federal Reserve Chair Jerome Powell vowing a rebound that’s equitable. To monitor progress toward that goal, Bloomberg has been tracking unemployment rates by

In a soccer game in Liverpool’s Goodison Park in 1988, player John Barnes stepped away from his position and used the back of his heel to kick away a banana that had been thrown toward him. Captured in an iconic photo, the moment encapsulated the racial abuse that Black soccer players then faced in the U.K.

More than 30 years later, the medium has changed, yet the racism persists: After England lost to Italy this July in the final of the UEFA European Championship, Black players for the British side

As the pandemic wears on, social media isn’t getting much healthier. A succession of dodgy cures, unsubstantiated theories, and direct anti-vaccination lies continues to spread in Facebook groups, YouTube videos, Instagram comments, TikTok hashtags, and tweets. Multiple members of Congress were suspended from Twitter or YouTube for peddling misinformation around the time President Joe Biden spoke out against social media platforms’ penchant for spreading false information.

“They’re killing people,” Biden said last month, answering a reporter’s question about the role of “platforms like Facebook” in the spread of Covid-related misinformation. In response, Facebook cited a study it conducted with researchers at Carnegie Mellon University that found increases in “vaccine acceptance” among its users over the course of 2021. (The company has also criticized the president for focusing on what it’s called a relative few bad actors, such as the prominent anti-vaxxer...

Rents are climbing again in Manhattan -- but only in buildings with doormen.

The median price of those apartments, in fancier towers with more amenities, jumped 8.1% in August from a year earlier, to $4,160, according to a report today by appraiser

Nine retailers in the U.S. and Canada, including Macy’s Inc., Sephora USA Inc., and West Elm, have signed on to her pledge, which asks that they dedicate 15% of their shelves to products made by Black-owned businesses.

He became one even though, until recently, he expected inflation to be low and stable. Correctly so: In recent years, the U.S. consumer price index has often grown below 2% annually. Ashton says his measured outlook irritated his bosses at Barclays, who viewed it as an impediment to drumming up business. He thought it didn’t matter: Inflation was an ever-present risk, he was inventing ways to insure against it, and low inflation made it cheap to do so. But while the market grew, and Ashton in 2009 founded an advisory business for hedging large or unusual inflation risks, he remained a voice in the desert crying out that he had rain boots for sale. “The lack of interest was amazing,” he says. “It’s...

Companies have struggled to adapt, with some taking unusual steps.

For centuries, mooncakes have been the signature component—equivalent to such treats as chocolate eggs or hot cross buns for Easter—for the Mid-Autumn Festival, a widely celebrated Asian holiday dedicated to the moon. Demand for the most extravagant versions of the cakes, which are often given as gifts, has been intense for years. Since the start of the Covid-19 pandemic, it’s ramped up even more in some places as people seek comfort in tradition.

In Singapore, where few have been able to travel for most of the pandemic, locals have more money to spend, along with an increased focus on the holiday’s rituals. This year’s festival, which falls on Sept. 21, poses additional challenges in Covid-related supply chain snafus. 

Frackers in America’s largest oil field are letting massive amounts of natural gas spill into the atmosphere. Scientists and activists are trying to find the leaks and get them plugged before they cook the planet further.

On Milan’s long list of pandemic-era public initiatives, remodeling Piazza Sicilia is a strange one to get worked up about. The city built the tiny park in just a few weeks last autumn, at an estimated cost of €20,000 ($23,600). The strip of land had been a right-turn lane at the intersection of busy Via Sardegna and four residential streets, jammed every morning with honking commuters and every afternoon with parents double-parked to pick up their kids from school. Now, with cars forced to divert around the piazza, one of Milan’s myriad traffic nightmares has become a place where children play soccer, food delivery riders perch on their bikes awaiting calls, and residents of nearby apartment blocks face off at the pingpong table.

But people are worked up. Covid-era urban planning projects like Piazza Sicilia, intended to reduce traffic and provide more public space for residents locked at home during the pandemic, have become a flashpoint. In the runup to elections...

There was a joke on Twitter this fall: Decades from now, Ph.D. candidates in history will specialize in a particular day from 2020. Which is to say this year was, uh, big. Covid, a reckoning on race, and a U.S. election made compiling the fourth annual Bloomberg 50 easier in ways (many people are doing notable things) and harder in others (many people are doing notable things).

Here are a few rising above 2020’s high bar in our look at the people in business, entertainment, finance, politics, and science and technology whose accomplishments merit recognition: Aurora James got retailers to pledge 15% of their shelf space to Black-owned brands in the wake of George Floyd’s death, and Tim Bray quit his executive job at Amazon.com to protest the firing of workers who’d raised concerns about Covid. The president of Taiwan kept the pandemic under control, and when Australian wildfires raged, comedian Celeste Barber raised millions in relief.

See below for alums of our...