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Video: What China's mess means for the world
Business

Video: What China's mess means for the world

It's been an ugly start to the year for China, with Chinese stocks in Hong Kong falling to global financial crisis lows. Bloomberg Businessweek's Peter Coy takes a look at how China's mess affects the world, and explains why the US economy is still relatively insulated.

Detroit's revitalization: From destruction to wealth
Business

Detroit's revitalization: From destruction to wealth

The effort to ignite an economic renaissance in downtown Detroit is well documented, but the evidence of a turnaround is mixed. Bloomberg's Matt Miller took a drive on Jefferson Avenue in "America's Comeback City" to see how the revival is coming along.

Why Bill Gates is investing in mobile banking
Business

Why Bill Gates is investing in mobile banking

The Bill & Melinda Gates Foundation, the world's largest philanthropic organization, has a singular objective: improve the lives of people in poor countries. Historically, the foundation has given away money, much of it to fight infectious diseases. Now it has a new strategy: invest in technologies that can make goods and services affordable to the poor.

Market Deja Vu?
Business

Market Deja Vu?

David Zervos, chief market strategist at Jefferies, explains why current market conditions remind him of 1998 and what that could mean to investors.

2017 Ford GT the $400,000 American supercar
Business

2017 Ford GT the $400,000 American supercar

The production model of the Ford GT has finally arrived. The GT is the first real American supercar in decades that can more than hold its own against anything across the pond. Bloomberg Pursuits' Hannah Elliott got a first look at the GT at the Detroit Auto Show.

How technology is disrupting the auto industry
Business

How technology is disrupting the auto industry

Vivek Vaidya, vice president of automotive and transport in Asia-Pacific at Frost & Sullivan, discusses tech companies stepping into the auto industry with new products, the impact of the disruption and the future of the industry.

David Bowie: The man who brought music to bonds
Business

David Bowie: The man who brought music to bonds

David Bowie’s innovation in rock music and fashion also stretched to financial markets. The musician, who died on Sunday, was the first to securitize royalty streams, selling $55 million of Bowie Bonds in 1997 that were tied to future earnings from hits including "Space Oddity" and "Changes."

Lululemon's new 'bare' ambition
Business

Lululemon's new 'bare' ambition

Lululemon Athletica is at a turning point. It's been two years since the active-wear company brought in Laurent Potdevin as chief executive officer. His task: cut the waste and expense of designing, making and distributing its garments, and rebuild customer trust after the 2013 recall of $98 yoga pants that became sheer when the wearer bent over.