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CONTENTS
Bloomberg Businessweek
May 28, 2018
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Cover: Photograph by
Benjamin Rasmussen
for
Bloomberg
Businessweek
PHOTOGRAPH BY JUAN CARLOS FOR BLOOMBERG BUSINESSWEEK
IN BRIEF
7
Maduro declares victory; the China-U.S. trade war cools
AGENDA
8
What’s on the menu at Netflix’s annual meeting
THE BLOOMBERG VIEW 8
Yes, the Volcker Rule needs simplifying. But be careful
REMARKS
10
Why the Kim dynasty is skittish about economic reform
1
BUSINESS
14
Baojun, GM’s Chinese brand, is pedal-to-the-metal
16
An app pays for drinks, and twentysomethings love it
2
TECHNOLOGY
18
Electric shocks treat pain without opioids
20
Crypto scams are rampant. Just ask two of our reporters
21
Man vs. Machine: Botnik uses AI to generate funny
3
FINANCE
23
House hunting? Bad credit? Angelo Christian is your man
27
Smart-beta funds aren’t looking so smart
ECONOMICS
29
Higher oil prices don’t sting the way they used to
31
The economy is back. Birthrates aren’t. What’s going on?
32
Turns out cofee plants aren’t just about the beans
POLITICS
35
Mick Mulvaney works to de-Elizabeth Warren the CFPB
38
U.S. sanction power may have reached its limit
PURSUITS
63
Flat-track racing is plenty dangerous, and plenty exciting
66
Critic: Ten leadership books, whom they help, and how
68
Travel: Want seclusion? How about your own little island?
70
Drinks: Vermouth, long gathering dust, is top-shelf again
71
The One: A telescope that puts galaxies on your phone
72
Game Changer: Proactiv’s Katie Rodan and Kathy Fields