What Makes the New Hermes Bike Worth $11,200?

Nov. 1 (Bloomberg) –- Luxury-goods maker Hermes is expanding beyond scarves and handbags... Today, it's launching an $11,200 bike, targeting wealthy consumers who want to meander about town. Bloomberg met with the designer and the man behind the project in Paris. (Source: Bloomberg)
Why Certain Trading Strategies Are Going Haywire
07:30 - U.S. stocks posted the biggest two-day surge since 2009 as a relief rally swept across global markets and the economy grew stronger than expected in the second quarter. Bloomberg's Mike Regan and Lisa Abramowicz have more on "Bloomberg Markets." (Source: Bloomberg)
  • Deep Dive: Oil's Technical Move, Stoxx 600 Up on the Week
  • Relief Rally Loses Steam: Are We Too Focused on China?
  • Global Bear? The Contagion Out of China