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CONTENTS Bloomberg Businessweek October 1, 2018
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Cover:
Photograph by
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Businessweek
CORRECTION “Where’s the Beef?” (Pursuits, September 17) stated that Vegetarian Butcher distributes to
70 countries. It distributes to 17.
ED KASHI/VII
IN BRIEF 7 Instagram’s founders log out; Michael Kors buys Versace
AGENDA 8 The high court is back in session; Verizon rolls out 5G
VIEW 8 Japan: It’s about the economy, Abe
REMARKS 10 The true cost of unreported sexual harassment
1 BUSINESS 15 Comcast pays a sky-high price to get to Europe
16 Shell tries to clean up its legacy in Nigeria
18 Russia’s Lada is firing on all cylinders under Renault
2 TECHNOLOGY 21 Nintendo’s Switch Online isn’t winning any fans
23 A grow-your-own alternative to knee replacement
24 The iPhone’s 512GB option puts Apple in the chips
25 Tuning in to the $3.5 billion Sirius-Pandora deal
3 FINANCE 27 Crypto and cannabis, the perfect postcrisis bubbles
29 How two traders may have raised your electric bill
30 There’s something rotten in Denmark banking
ECONOMICS 32 U.S. consumers will bear the brunt of Trump’s tarifs
34 On the trail of a kidney disease that’s killing farmworkers
36 The U.S. and EU raise the bar on Chinese takeovers
POLITICS 38 Turkey’s odd case against a U.S. pastor—and Mormons
40 For sanctions to work, someone has to enforce them
41 Firing Rod Rosenstein won’t stop Mueller’s investigation
SOLUTIONS 43 The big payof for a little more time on the job
45 The long bull market puts recent retirees at risk
46 After a lifetime of saving, it’s time to learn how to spend
PURSUITS 67 Restaurant classics reinvented. Oyster pie, anyone?
74 A whisky expert says we’re too single-malt-minded
75 If only life were like this box of chocolates
LAST THING 76 Tech giants’ $80 billion capital-goods spending spree