Massive attack

Follow Us Get the newsletter The list of victims from the SolarWind hack allegedly perpetrated by the Kremlin grows ever longer and more startling, even including a U.S. nuclear weapons agency. For years, the federal government has been warned it needed to fix digital supply chains, and failed to do so. President-elect Joe Biden says cybersecurity will be a top priority when he moves into the White House and promised retribution. President Donald Trump has shown little inclination to punish Vladimir Putin for anything, and has said nothing about the massive cyber attack on America.  Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America.  What you'll want to read this weekend Wall Street firms keep piling into Bitcoin, now well above $20,000. The uber-rich can afford to dabble in cryptocurrencies, but beware, Bitcoin has a history of flattering to deceive, Mark Gilbert and Lionel Laurent write for Bloomberg Opinion. Five decades of tax cuts for the rich haven't done much to help anyone other than the rich, according to a study. And when ultra-wealthy Americans move addresses, very little else goes with them. All across Manhattan, the big towers are emptying again. It looks like the work-from-home boom is here to stay. But white-collar workers taking advantage of a newfound flexibility to leave expensive coastal cities will have to brace for pay cuts. Lego is betting big on bricks-and-mortar retailing in China, according to Bloomberg Businessweek. As for importing Australian goods from wine to lobster, China is putting the brakes on hard. For anyone taking a skiing trip, it could be mean either vacation bliss or, sadly, viral contamination. Here are some tips for people still planning to celebrate this holiday season at home. What you'll need to know next week Tesla joins the S&P 500, and that could be bad for other stocks. The NBA starts a shortened, 72-game season on Tuesday. Trump must answer a fraud lawsuit filed by his niece. Israeli faces collapse with a budget deadline looming. Boris Johnson urges "extreme caution" during holiday week.  As men get older, life can get harder. Whether it's hanging out with your kids, getting to the gym, or your romantic life – if it's bothering you, talk to someone. Vault Health's premium, personalized performance kits can help you elevate your sex drive, focus, and increase your overall energy. Book a free, at-home, virtual consultation today. Vault Health What you'll want to read in Bloomberg Green Why It's So Hard to Stop Amazon Deforestation Brazil's Amazon region has suffered more deforestation this year than any in the past decade. The lax environmental policies of President Jair Bolsonaro bear some responsibility; but so does the climate crisis. How much blame can be laid at the feet of cattle farmers? 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. The Best of Bloomberg Podcasts: As 2020 finally comes to an end, use your holiday down time to catch up on the best podcasts you may have missed, including Blood River, a tale of murder, corruption and environmental activism (on Apple and Spotify), and Foundering, the story of the fall of WeWork (on Apple and Spotify). 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. You received this message because you are subscribed to Bloomberg's Weekend Reading newsletter. Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022