It's been a tough year for luxury watches in Asia: Beijing's anti-corruption drive, the slowdown in China, and the Occupy Hong Kong protests all conspired to cool the market. But the president of LVMH's watch division says it's the start of a new era for luxury timepieces. Bloomberg's Angie Lau spoke exclusively to Jean-Claude Biver about the future of luxury watches, and the rising digital challenge.
December 22 is an important date for Spaniards. It's the date of the world's biggest lottery draw. This year the estimated prize pool is
Cigar Aficionado's David Savona discusses how renewed US-Cuba relations impact the cigar industry, with Bloomberg's Matt Miller. (Source: Bloomberg)
Goop CEO Lisa Gersh and Bloomberg’s Chris Rovzar discuss lifestyle versus luxury branding.
President Obama announced on December 17 that the United States will resume diplomatic relations with Cuba after more than 50 years of antagonism. Bloomberg's Sam Grobart recaps the standoff between the two nations, and explains why the icy relationship has begun to thaw.
Russia's central bank has failed to shore up the ruble, despite ramping up rates to 17%. Tom Mackenzie takes a look back at other examples of countries that raised rates to bolster their currencies, and the fallout from those decisions. (Source: Bloomberg)
The value of the ruble has plunged against the dollar in just the last two days, even as Russia's central bank takes drastic action to try and prop up the currency. Bloomberg's Joe Weisenthal breaks down what happened and what's next.
Around the world, hundreds if not thousands of credulous people were taken in by a website called SecureInvestment.com, which promised phenomenal returns that were ultimately too good to be true. In the first of three reports, Bloomberg's Willem Marx examines the scam, its impact, and the reasons why it chose the unregulated retail forex market as its cover. (Source: Bloomberg)
Guy Kawasaki, co-author of The Art of Social Media discusses Apple's transition from Steve Jobs to Tim Cook and what he sees for the company in the year ahead.
Uber has a "special" problem. As in, the company thinks it is really, really special. But according to Bloomberg's Brendan Greeley, Uber needs to come to the realization that they are just a glorified taxi company using Silicon Valley technology.
Jack Nicklaus, golf's greatest champion, is still fully invested in the game he loves. Despite a global golf slowdown and a dramatic decline of players in the U.S. over the past few years, Jack and his company, Nicklaus Design, have no plans to stop building their empire of courses around the world. Bloomberg's Shelby Holliday caught up with Nicklaus at the opening of Quivira in Cabo San Lucas to talk about his new course, the global golf economy, drawing players to the game, and designing courses that will last well beyond Nicklaus's lifetime.
In 1974, economist Arthur Laffer sketches his theory of tax policy over dinner with Wall Street Journal writer Jude Wanniski and Ford administration officials Donald Rumsfeld and Dick Cheney, kick-starting the rise of supply-side economics. Forty years after one of the most famous dinner-napkin doodles in American history, Laffer, Cheney, and Rumsfeld reunited at that same restaurant.
Filming has started on the latest James Bond movie, "Spectre," at Britain's Pinewood studios. So why has the franchise stuck with Pinewood? Pinewood Studios Historian Gareth Owen explains.
The Royal Family are some times referred to as The Firm -- and if they were a business, they
In 1984, the world was introduced to the Apple Macintosh personal computer with an advertisement that ran during Super Bowl XVIII. The spot helped define Apple as a brand and changed the Super Bowl into a must-see media event.
160 years after its invention, the elevator is getting a major makeover. German company ThyssenKrupp is developing the world's first cable-less system that could revolutionize the shape and height of our future skyscrapers
Just when you thought you'd seen it all, Russian tech startup YotaDevices launches their YotaPhone 2 in London. What's new? It's got two screens, one that is always on. And it's been used in international diplomacy.
In 1976, The Apple 1 computer goes on sale for a retail price of $666.66. Steve Wozniak, who co-founded Apple with Steve Jobs and designed that product, remembers the early days. Bloomberg Businessweek chronicles the most disruptive ideas of the past 85 years
In 1980, Cable News Network, the first 24-hour news channel, makes its debut. David Walker and Lois Hart anchored CNN's first newscast. The rest as they say, is history.
In 1972, Atari releases Pong, the video game that pioneered an entire industry. This is the story of how three men and a bar launched the video game industry. Bloomberg Businessweek chronicles the most disruptive ideas of the past 85 years