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Bloomberg Businessweek4 min read
This Is Your Exchange-Traded Reality Check
There’s no way to talk about the markets anymore without talking about exchange-traded funds. In January, $79 billion flooded into U.S. ETFs as the S&P 500 hit record highs. And when the bull market finally stumbled, the money poured out quickly, too
Bloomberg Businessweek3 min read
In Brief
Asia • The combined Korean women’s hockey team celebrated scoring against Korea’s colonial ruler, Japan, at the Winter Olympics on Feb. 14. Japan went on to win the matchup 4-1. • Benjamin Netanyahu remained defiant after police recommended he be c
Bloomberg Businessweek4 min readTech
For Elevator Makers, The Sky’s the Limit
Two thousand years ago, the Romans used elevators—powered by pulleys, levers, and slaves—to raise gladiators and wild beasts into the Colosseum for death-match spectacles. Since then, elevator technology has been largely based on the same mechanics,