Absence, it’s said, makes the heart grow fonder. But lockdowns, we’re discovering, risk having the opposite effect. After endless months of being uprooted from our office routine with no business trips or weekend getaways to look forward to, it’s normal to feel claustrophobic, says marriage counselor David Wilchfort.

A bunch of Wall Street executives got together for dinner a decade ago while the U.S. economy was in tatters. Their industry, fresh off a bailout, was printing big profits again—and Americans were seething. Congress wanted hearings.

Anuradha Mittal was about to step out of her home in Oakland, Calif., on the last Friday of May, but first she had one last email to send. She was on her way to one of the demonstrations that had broken out around the world five days after the killing of George Floyd in Minneapolis. Like

But for a small group of veteran traders at a tiny London firm called Vega Capital London Ltd., the mystery mattered less than the results: They pocketed as much as $500 million that day, according to people familiar with the matter, who spoke to Bloomberg Businessweek on condition of anonymity.

The mark of an artist, some say, is the ability to conjure something from nothing. Aerogel, an ultralight material NASA uses to both capture stardust like a sponge and insulate its Mars rover, is as close to nothing as something can be. Described as “solid smoke,” the Space Age material is at the heart of Boucheron’s

Just how many people the island has lost in the last decade—driven away by a deep recession, political instability, and natural disasters—remains a matter of contention, particularly on Wall Street. The territory has been mired in court proceedings since 2017, when it sought to reduce nearly $125 billion in debt and pension liabilities by filing for municipal bankruptcy--the largest in U.S. history. As investors try to claw their money back, the question of how many taxpayers remain on the island to shoulder that burden has taken center stage.

Remy Labesque has a compelling day job: He’s senior industrial designer at Tesla Inc. in Los Angeles. But for three years, he’s worked on a side project that’s enviable to people outside

Six feet. As Covid-19 has torn through the world, that distance has come to define daily life. Six feet is how far we stand from other shoppers or the space we try to maintain while catching up with a friend.

Online platforms like Uber Technologies Inc. do good by matching buyers (of car rides or whatever) with sellers (drivers, etc.). They reduce friction in commerce. But they charge a lot for their lubrication, scarfing up most of what economists call the consumer surplus. Here's how a guy named Gabriel Luna-Ostaseski puts it in his LinkedIn profile:"We’d hoped the gig economy would usher in a new era of autonomy and abundance, but the economics didn’t pan out. A few wealthy people became even wealthier, and the average worker is still scrambling to make a living."

Joe Biden, who’s spent decades warning about the dangers of budget deficits, will inherit one of the biggest in U.S. history if he becomes president—and he’ll be in no rush to pare it back.

Social interactions were relatively easy to ignore during lockdown, but they’ve been thrust into the spotlight as people take vacations, form back-to-school plans, and contemplate reopened restaurants. It seems everyone has to make up their own rules of behavior.

But for a small group of veteran traders at a tiny London firm called Vega Capital London Ltd., the mystery mattered less than the results: They pocketed as much as $500 million that day, according to people familiar with the matter, who spoke to Bloomberg Businessweek on condition of anonymity.

Mention the name Harley-Davidson, and visions of high-handled bikes growling down endless, sun-streaked highways instantly come to mind. Whether it was the 1951-52 Panhead Chopper that Peter Fonda rode across the country in Easy Rider or the 1991 Fat Boy in Arnold Schwarzenegger’s nail-biting chase scene in Terminator 2: Judgment Day, the bikes have always been able to evoke a powerful feeling of American nostalgia and freedom.

Dipak Patel can still recall the dizzying grandeur of his 2003 visit to Beijing’s cavernous Great Hall of the People: the rows of stern guards all the same height, the state dinner that included stewed shark fin and bird’s nest soup, and the People’s Liberation Army band playing songs from Patel’s native Zambia—even singing in one of the African country’s scores of dialects.

One day last July, Hajime Isayama spent a morning strolling through a chic modern art gallery on the 52nd floor of the Mori Tower, which looms over Tokyo’s upscale Roppongi neighborhood. The gallery walls, which have since been adorned with paintings by Jean-Michel Basquiat, were lined with original artwork from the manuscript pages for a bestselling manga, or comic book, Isayama’s Shingeki no Kyojin (Attack on Titan).

Hedge-fund fees had already been shrinking before the pandemic ripped through global markets. Now, they’re in terminal decline.

One of London’s fastest-growing hedge funds is enticing new investors by agreeing to forgo performance fees until returns hit a key threshold. In Hong Kong, a fund boss is offering to cover all losses, a concession that’s almost unheard of in this rarefied world. And famed investor Kyle Bass has told clients he’ll charge his usual 20% cut of profits only if he earns triple-digit returns in a new fund he has started.

Long notorious for charging high fees, the $3 trillion industry runs portfolios that are generally open only to institutions and affluent individuals. It’s going to extraordinary lengths to attract new money as the coronavirus pandemic triggers losses and accelerates an investor exodus that has plagued the industry for years. Many of the world’s most prominent managers have come to the stark realization that they need to...

Price differential is relative when you start considering the myriad variants available for each model. You can upgrade to 35-inch rubber tires on the Sasquatch version of the Bronco or, on the Badlands version, opt for exclusive suspension with a hydraulic front sway-bar disconnect and 17-inch machine-face aluminum wheels. 

Powerful labor unions, volatile politics, price and currency controls, and other forms of state interventionism have long been features of doing business in the crisis-prone South American country. Now, faced with a third straight year of recession and a new antibusiness government, some foreign companies, from airlines to auto parts makers, are pulling up stakes.

As the pandemic continues, so will home-schooling. Now that you’ve survived the first round, you may be wondering: Where should I focus my energies once the new school year starts so that I can hold down my day job?