Meet Joe. He used to make a steady income in manufacturing, but the work has disappeared. Now, he is selling everything and moving into his van.
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Tennis champions Novak Djokovic and Naomi Osaka are among the best paid athletes in the world. But prize money drops off steeply, with lower-ranked players often struggling to make a living amid the expense of travel and coaching. The FT talks to governing bodies in what is a fragmented sport and follows two players fighting
Aviation must find an alternative to fossil fuels if countries are to hit ambitious net zero targets by 2050. As the FT’s Peggy Hollinger explains, intriguing options using electric batteries, bio and synthetic fuels, and hydrogen propulsion are being explored, but so far nothing can compete with the cost and efficiency of carbon-polluting kerosene. #sustainability
The Chinese government intended Huarong Asset Management to be a janitor that cleaned up toxic debt. But following the bribery conviction and execution of its former chairman, things went from bad to worse. Read more about Huarong and its connection to the Chinese government in reporting by Bloomberg’s Rebecca Choong Wilkins: https://www.bloomberg.com/authors/AT8YdRfOdJk/rebecca-choong-wilkins #Storylines #China #BloombergQuicktake
Paris attracts tourists from around the world with its historic landmarks and enviable restaurants. Now its two most famous and expensive hotels have been refurbished and modernized. Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from
Mike Winkelmann, better known as Beeple, has sold the most expensive digital artwork in history. It’s part of an explosion in the market for NFTs — tokens that prove ownership of things like digital art that you can’t even touch. MORE SO EXPENSIVE VIDEOS: What Makes Blood Plasma So Expensive? Why The Texas Polar Vortex
Gooseneck barnacles are one of the most expensive seafoods in the world. Just 1 pound can cost over $100 in Spain and Portugal, where the barnacles are considered a delicacy. But getting your hands on them is harder than it seems. The job comes with serious risks — and even the possibility of death. So
There’s graffiti on the outside and no running water for now, but this renovated railcar can be yours for under $100,000.
EG Group, run by the billionaire Issa brothers and a secretive private equity firm, has rapidly grown into a petrol stations empire with €20bn in annual revenues. As the FT’s Kaye Wiggins explains, the business has been built on debt, low interest rates and bold ambition. Last year its owners purchased Asda for £6.8bn, but
Hello World’s host Ashlee Vance traveled to Moscow and got a rare glimpse into the heart of Russia’s hacker underworld and the latest techniques in investigating cybercrime. #BloombergHelloWorld Watch the full episode of ‘Hello World: Russia’: https://www.youtube.com/watch?v=tICL-lwI7KM Read more about FindFace on Bloomberg.com: http://bloom.bg/2h1VPSy Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 And subscribe
Auto industry icon Lee Iacocca, once one of America’s highest profile business executives and credited with rescuing Chrysler from near-bankruptcy in the 1980s, has died. He was 94. He was instrumental in the creation of the Ford Mustang and the Chrysler minivan. Iacocca’s youngest daughter confirmed he passed away of natural causes Tuesday. He is
Dan Price explains that cutting his salary to pay his employees more is “empowerment” and will help them perform better.
The global economy is shifting away from the US and Europe towards Asia. The FT’s global China editor James Kynge and FT economics commentator Martin Sandbu discuss whether China will dominate global commerce or whether the world economy could split along regional lines #china #chinaeconomy See if you get the FT for free as a
FT banking and fintech reporter Siddharth Venkataramakrishnan looks at how the digital assets are used, why they are growing in popularity – and why they are in regulators’ sights. Read more at https://on.ft.com/3EdyCXq #stablecoin #cryptocurrency #digitalcurrencies #regulation #Tether See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial:
The FT investigates the Holy See’s finances and looks at how landmark proceedings linked to a controversial London property deal are seen as part of Pope Francis’s reforms in the city-state. Read more at https://on.ft.com/3ofZkrC #Vatican #CatholicChurch #PopeFrancis #reforms See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1
The dala horse is a centuries-old handicraft that has become the national symbol of Sweden. Generations of Swedish artisans at Nils Olsson Dalahästar have been making hand-carved wooden horses since 1928. MORE STILL STANDING VIDEOS: How Indian Potters Are Reinventing Themselves | Still Standing Meet The Last Family Keeping The 400-Year-Old Rogan Art Alive |
► Read more at https://on.ft.com/2JyzXPg Four multimillion-pound F-35 stealth fighter jets have landed in the UK from the US. David Bond, FT security and defence editor, analyses how these new aircraft fit into the UK’s air defence strategy and their effectiveness. ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube:
Take our survey and tell us what you like about our YouTube channel and would like to see more of: https://bit.ly/33SJ8AI Paul Volcker, former president of the US Federal Reserve, died this week. FT’s Brooke Fox talks about the most influential aspects of his career and their relevance to today. Read more at https://on.ft.com/36q4Jl3 ►
What’s your party trick? Hacking guns? Cars? ATMs? One week a year, Vegas fills up with members of a group that’s becoming one of the most influential in the world: hackers. Thousands and thousands of hackers descend on Vegas for cybersecurity conferences Black Hat and DefCon. Laurie Segall reports.
The Chicago company that has made the statues for over 30 years takes CNNMoney inside their factory to show us what goes into the 8.5 pound, 13.5 inch Oscar.
DJ and producer Kygo reached a billion streams on Spotify faster than any other artist. He’s now selling out arenas across North America, and he hasn’t even released an album. Instead he’s part of the $6 billion EDM industry… a market that’s made up of 20-year-old DJs who embrace the internet. CNNMoney joins Kygo for
Longbows, or Yumi, have been used in Japan for centuries. But today, a handmade bamboo bow can cost over $2,000. At over 2 meters tall, these bows are difficult to handle. And making them is just as challenging. Kanjuro Shibata carves raw bamboo and inserts over 100 wedges to curve the bow. So how are
Based in Providence, Rhode Island, Lotuff Leather creates handcrafted leather goods with their team of twenty two employees. One of their most complicated bags, the Triumph Briefcase, requires a multitude of skill sets to create; from leather working, to painting, to hand-stitching. Video by Jordan Oplinger and Alan Jeffries Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become
Sanjay Shah used an obscure loophole to go from unemployed trader to $700 million whale in just a few years. Now regulators are after him for what they consider the biggest tax heist in European history. Read more about this notorious tax heist in Bloomberg Businessweek: https://www.bloomberg.com/news/articles/2020-10-06/the-unemployed-trader-who-became-a-700-million-cum-ex-exile #Storylines #Trading #BloombergQuicktake ——– Like this video? Subscribe:
Oct. 17 — Philippines’ President Rodrigo Duterte has become notorious for his fiery, expletive-laden tirades against foreign leaders. Bloomberg QuickTake looks at who Duterte is, what he’s said and and how his war on drugs has turned deadly.
We got an inside look at what it’s like during the first week for new freshmen, known as “rats,” at the Virginia Military Institute in Lexington, Virginia. “Hell week” marks the beginning of the rats’ journey to becoming full-fledged cadets at VMI, the oldest public senior military college in the US, which has been at
Sept. 1 — Springfield, MO-based National Audio Company opened in 1969 and when other major manufacturers abandoned tape manufacturing for CD production in the late 1990s, the company held on tight. Now, the cassette maker is pumping out more cassettes than ever before. (Video By: Jeniece Pettitt, Ryo Ikegami) — Subscribe to Bloomberg on YouTube:
Building limousines is an elaborate and detailed process. Production begins with an ordinary car being sawed in half. Long steel beams connect the two sections before an outer frame is attached. Once complete, the interior is decked out with disco lights and leather upholstery so you are comfortable during your next party. Here’s an inside
Embattled royal Prince Andrew used his status to help promote a secretive private bank, whose clients included kleptocrats and alleged criminals. The Queen of England’s favorite son developed a close relationship with the bank’s owner, financier David Rowland, whose background could not be more different from his own. This is the story of how these
Veterinary technicians not only have to deal with frightened, helpless animals, but low pay and hefty student loan bills make this stressful job even tougher.
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