(Bloomberg Businessweek) Not long after the novel coronavirus arrived in Singapore, forcing the hyperconnected city-state to shut its borders for the first time, a rumor circulated among its many wealthy people and among others who weren’t so well-off.
(Bloomberg Businessweek) Every Friday, Alex Mashinsky sits in front of a video camera and livestreams for more than an hour with a sales pitch for his crypto company, Celsius Network LLC. Send money to Celsius, he says, and he’ll make you rich by paying you interest of as much as 18% a year.
(Bloomberg Businessweek) The enormous, curved, gleaming silver building resembles a spaceship that’s come gently to rest in the northwest of Chengdu. It’s July, hot, and humid. Inside the spaceship, though, visitors stifle shivers and watch their breath condense into puffs of vapor.
(Bloomberg Businessweek) Five times over three years, a desperate scenario has played out on Plum Island, an isolated spit of land just off the northeastern tip of New York’s Long Island.