Header Ads

The lost Thanksgiving

Weekend Reading
Bloomberg

Thanksgiving this year will be like no other: Americans are scrapping flights and curbing driving plans while health officials urge them to skip travel altogether. But holiday plans are the least of the nation's worries: America's hospital workers are overwhelmed as infections in the world's worst-hit country skyrocket, and the U.S. failure to restrain the pandemic has now claimed a quarter million lives. European hospitals are also buckling, and in Asia, Hong Kong is bracing for its fourth wave. 

Bloomberg is mapping the pandemic globally and across America. For the latest news, sign up for our Covid-19 podcast and daily newsletter.

What you'll want to read this weekend

Assuming President Donald Trump eventually agrees to relinquish power after having lost the U.S. election, President-elect Joe Biden will be the oldest president in U.S. history. Biden's cabinet may shape the economic future of young Americans, who are 23% poorer than three decades ago. 

Boeing's 737 Max, which crashed twice, killing 346 people, is coming back, now that regulators contend its fatal defects have been remedied. Boeing's future may depend largely on whether travelers trust the troubled plane enough to step aboard. The mother of a pilot killed when his 737 Max plummeted into the Java Sea called the return premature.

Tesla will soon be the biggest-ever addition to the S&P 500, and if its shares post another big rally, founder Elon Musk could pass Bill Gates to become the world's second-richest person (behind Jeff Bezos). Morgan Stanley, for the first time in a long while, rates Tesla a buy.

Elon Musk

Japan's wild bears are heading for town since there are fewer humans to scare them off (and it's been a bad year for acorns). Nepal is trying to unfreeze the economy around Mount Everest. And to fight global warming, the world's richest families have joined a secret club on green investing.

If you never liked turkey, free yourself from the tyranny of tradition with alternative recipes. Here are 88 holiday gift ideas fit for our new routines.

What you'll need to know next week

What you'll want to read in Businessweek

Prince Andrew Helped This Bank Woo Dictators

The late Jeffrey Epstein may be the most infamous financier the U.K.'s Prince Andrew has ever had dealings with, but there's another one, a bank, with less of a public profile. Emails, documents and interviews show Andrew helped a secretive Luxembourg financial institution pitch services to the world's dictators and kleptocrats.

Prince Andrew

Like getting Weekend Reading? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and gain expert analysis from exclusive subscriber-only newsletters.

Sub-Saharan Africa is in the midst of its first recession in 25 years, but it's still an attractive investment destination. Join us virtually for Bloomberg Invest Africa on Nov. 24 at 1 p.m. Central Africa Time (GMT+2) to see how leaders in business, finance and politics are maximizing the region's growth trajectory. Register for free here to be part of the live conversation or to access all content on-demand.

Download the Bloomberg app: It's available for iOS and Android.

Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.

No comments