When Bezos comes for you

A global argument kicked off after the Biden administration threw its weight behind waiving intellectual property protections for Covid-19 vaccines, which would allow other countries to make them. Germany, home to BioNTech and CureVac, countered that patents are needed because they encourage exactly the kind of innovation that enables fast vaccine development. The new U.S. proposal may face lengthy negotiations at the World Trade Organization—and in the meantime, many countries will continue to turn to Beijing for shots. The likes of India, Brazil and South Africa need doses now. Indeed, Bloomberg’s Editorial Board writes that waiving patent protections won’t be a panacea.

What you’ll want to read this weekend

The U.S. economy is on its way back, but minority communities are getting left behind and the latest jobs data show women are leaving the workforce. As the return to the office gathers momentum, employers need to realize their workers will bring with them the emotional scars of a horrific year of isolation and fear. This is how companies can smooth the path.

The divorce of Bill and Melinda Gates brings with it the disentanglement of their $145 billion fortune, which has only just begunBloomberg Businessweek explains how an even richer person, Jeff Bezos, turned his attention to the CEO of the National Enquirer after it wrote about his extramarital affair. Guess what happened then.

Jeff Bezos

Facebook decided to keep former President Donald Trump off its platform for another six months, citing postings tied to the events of Jan. 6, when his far-right supporters perpetrated a deadly insurrection at the U.S. Capitol. The decision provides new grist for the Republican and his grievances, but few places to air them. Timothy O’Brien writes in Bloomberg Opinion that it should stay that way.

The chip shortage keeps getting worse, but the solution is much more complex than simply building more of them. Automakers are scrapping features like large displays and navigation systems while rental companies are buying up used cars.

New York City is coming back to life, but there are fewer Michelin-starred restaurants than before the pandemic. Meanwhile, Hong Kong has the top-rated drinking hotspot in Asia. One question to ponder when making vacation plans this spring: Blue Origin wants to know how much you’d pay for an 11-minute flight into space.

The Blue Origin New Shepard 

What you’ll need to know next week

  • This Mother’s Day (in the U.S. and Canada), order in top dining.
  • Tim Cook is expected to appear at the Apple vs. Epic trial.
  • U.S. President Joe Biden is to host Congressional leaders.
  • Alibaba earnings will shine a light on Beijing’s anti-monopoly probe.
  • Coinbase releases its first earnings as a public company.

What you’ll want to read in Bloomberg Green

Critical Moment to Save Fish Stocks Is Here

Decades of talks to end the government financial support that fuels overfishing could result in a deal at the World Trade Organization this summer. Subsidies totaling $22 billion are a key reason why fish stocks are plummeting across the globe. But several nations are seeking exemptions. Without an ambitious deal, environmentalists warn of an unprecedented hunger crisis and ecological disaster.

Boats setting sail from Zhoushan. China has the largest distant-water fishing fleet in the world and is the biggest subsidizer of fisheries.

Photographer: Yao Feng/VCG/Getty Images

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 fourth annual Bloomberg New Economy Forum will convene the world’s most influential leaders in Singapore on Nov. 16-19 to mobilize behind the effort to build a sustainable and inclusive global economy. Learn more here.

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.

Older messages

A really big miss

Friday, May 7, 2021

Bloomberg Follow Us Get the newsletter The Friday US jobs report was a pointed reminder of just how far the nation's recovery has yet to go. Unemployment ticked up to 6.1% as businesses added just

Warning of market peril

Thursday, May 6, 2021

Bloomberg Follow Us Get the newsletter A rising appetite for risk across a variety of asset markets is stretching valuations and creating peril in the US financial system, the Federal Reserve warned. “

Mandatory vaccination

Wednesday, May 5, 2021

Bloomberg Follow Us Get the newsletter The US will support a proposal to suspend intellectual-property protections for Covid-19 vaccines, joining an effort to increase global supply and access to the

China’s new flashpoint

Tuesday, May 4, 2021

Bloomberg Follow Us Get the newsletter The fate of President Joe Biden's $4 trillion economic vision for the US rests with Democratic lawmakers and perhaps a Republican or two who can help navigate

Race against time

Monday, May 3, 2021

Bloomberg Follow Us Get the newsletter The Biden administration is supporting a move by Pfizer to begin exporting US-made doses of the coronavirus vaccine it makes in partnership with BioNTech as the

Issue #104: Every time I pay an ATM fee I die a little inside

Wednesday, July 28, 2021

plus Gordon Ramsay + Gen Z finance July 28, 2021 • Issue #104 Dollar Scholar Dollar Scholar Hi y'all — When I was in college, I frequented a pizza joint called Satchel's. In addition to

Is India getting its own digital currency?

Wednesday, July 28, 2021

Finshots Is India getting its own digital currency? A few days back we began hearing whispers about a central bank digital currency (CBDC) and how the RBI is working on it as we speak. So in

Back-to-School Shopping Will Be More Expensive This Year

Wednesday, July 28, 2021

Shoppers should expect shortages and higher prices on computers and other school supplies. July 27, 2021 SHOPPING Back-to-School Shopping Will Be More Expensive This Year Shoppers should expect

Going backwards

Tuesday, July 27, 2021

Bloomberg It was a wrenching first hearing before the special Congressional panel investigating the deadly Jan. 6 insurrection. On that day almost seven months ago, when Congress was formalizing the

🎉 Apple, Alphabet, Microsoft: boom

Tuesday, July 27, 2021

Microsoft has requested permission to smash it | Please eject Apple before fist-pumping vigorously | Finimize Hi Reader, here's what you need to know for July 28th in 3:10 minutes. 🧐 The 1% have

Opinionated: Better Money Storylines Anyone?

Tuesday, July 27, 2021

Plus, retirement dreams and leveling up your career game. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Will Robinhood Start Offering Retirement Accounts?

Tuesday, July 27, 2021

7 Things That Are Getting More Expensive July 27, 2021 Every young generation rejects the practices of those that came before. It's a tale as old as time — or at least as old as baby boomers not

[New post] Slow recoveries, endogenous growth and macroprudential policy

Tuesday, July 27, 2021

BankUnderground posted: " Dario Bonciani, David Gauthier and Derrick Kanngiesser Following the global financial crisis in 2008, central banks around the world introduced tighter banking

Why cigarette companies want you to quit smoking

Tuesday, July 27, 2021

Finshots Why cigarette companies want you to quit smoking In today's Finshots we talk about why Philip Morris wants to stop selling cigarettes Business The Story Jacek Olczak, the CEO of Philip

Bitcoin Prices Soar on Speculation Amazon Will Soon Accept Cryptocurrencies as Payment

Tuesday, July 27, 2021

A job posting offers a tantalizing clue. July 26, 2021 EVERYDAY MONEY Bitcoin Prices Soar on Speculation Amazon Will Soon Accept Cryptocurrencies as Payment A job posting offers a tantalizing clue.