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Bloomberg Businessweek3 min read
Cloudy, With Little Chance of Profit
As Air Berlin slid into insolvency two years ago, Carsten Spohr spotted an opportunity to strengthen his response to low-cost carriers Ryanair, EasyJet, and Wizz. The chief executive officer of Deutsche Lufthansa AG had been seeking to make Eurowings
Bloomberg Businessweek5 min readPolitics
Merkel and Macron Face Off Over the EU’s Top Seats
Ever since the European Central Bank was established in 1998, the appointment of its president has been dictated by politics. It’s a fight that encompasses the historical rivalry between France and Germany, and it’s as much a struggle for influence a
Bloomberg Businessweek4 min readTech
Eight-Figure IPO. Zero-Digit Tax Bill
Early investors and employees at Uber Technologies Inc., Lyft Inc., and other tech companies are getting a double reward this year: a wave of initial public offerings that puts billions of dollars in their pockets and a quirk in the law that means so