The Hole at the Heart of Chinas Silk Road

Nobody pretends the People’s Republic of China is an entirely benign power, least of all its leaders in Beijing. Yet, even by the standards of what continues to be a remarkably repressive state, the stories that are emerging from behind the Great Firewall about the crackdown on Xinjiang’s Uighur Muslim…

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Death, Diamondsand Russias AfricaProject

The poorest country according to the World Bank, has turned a spotlight on what looks like a big Kremlin play for influence and resources in Africa. Where China has spent decades and billions of dollars trying to entrench itself there, Russia is offering its brute force and strong appetite for…

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Les Moonves Has Nothing to Say to You People

Today’s Agenda CBS's board is doing a not-great job. There's good news and bad news in the jobs report. Trump’s latest tax-cut scheme should be a non-starter. Elizabeth Warren has some advice for the SEC. Les Moonves has no comment. Great quarter.” Stop doing that! Matt Levine argues analysts aren’t paid…

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Elon Musk Has Some Fun With Tesla

Tesla. Man. I don’t know. I don’t know, man. Elon Musk Musk’s explanation from yesterday afternoon: First, a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild…

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Elon Musk Stumbles Into a Good Point

Today’s Agenda Tesla really should just go private. America’s health-care system is at stake in the midterm elections. The Trump administration is blowing its AT&T/Time Warner appeal. Starbucks thinks China will come out of the trade war in good shape. Maybe job tenure shouldn’t just be a thing for college…

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Zero-Sales Biotechs May Damage Your Financial Health

China's biotech unicorns are chasing a big prize. Landing it may prove elusive. BeiGene Ltd. raised $903 million in a secondary listing in Hong Kong last week. The company’s market value has swelled to $9.4 billion since its 2016 initial public offering on the Nasdaq, despite the firm being at the “clinical…

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Cars Keep Getting Better. That Makes Disruption Harder.

On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues said “improve” or “improvements” 14 times in describing everything…

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RIP, American Empire: Weekend Edition

  RIP. soundtrack to “Sorry to Bother You” by The Coup (explicit lyrics ahoy). This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the ten most popular stories Bloomberg Opinion published this week, based on web readership, with some other stuff thrown in. New subscribers to the…

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Cars Keep Getting Better. That Makes Disruption Harder.

On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues said “improve” or “improvements” 14 times in describing everything…

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Trumps Twitter Bark Is Worse Than His Stock Bite

President Donald Trump’s stock market bullying doesn’t appear to pack the punch it once did. Harley-Davidson Inc. became the latest recipient of a Trump Twitter wedgie on Tuesday morning after the motorcycle maker said it was moving some jobs overseas in response to Trump’s escalating trade war. Like companies before it, shares…

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