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Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags — Julie Glassberg for Bloomberg Businessweek

Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags

By Lindsey Tramuta

The US Has More Copper Than China But No Way to Refine All of It — Caitlin O’Hara for Bloomberg Businessweek

The US Has More Copper Than China But No Way to Refine All of It

The industry will need to overcome high energy and labor costs, environmental regulations and a glut of cheap Chinese competition to make US copper smelting great again.

Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? — Bill Tompkins/Getty Images (left); Christopher Willard/Getty Images (right)

Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028?

He’s a sports mogul, small-business influencer, media personality, health-care disruptor—and the ultimate Trump foil.

Ken Griffin on Trump, Harvard and Why Novice Investors Won’t Beat the Pros — Scott McIntyre/Bloomberg

Ken Griffin on Trump, Harvard and Why Novice Investors Won’t Beat the Pros

The founder of $66 billion hedge fund Citadel is making waves in Miami, the nucleus of the new “Wall Street South.”

Businessweek Daily

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TOPSHOT-US-POLITICS-TRUMP — Brendan Smialowski/AFP/Getty Images

Trump Weighs an Iran Strike Against His ‘America First’ Promise

How will the MAGA coalition react? Plus: How luxury resellers are dealing with counterfeits.

Why Trump Is Fed Up With Powell

In Paris, a Global Air Show Overshadowed by Air India Crash

DEPTH_BROKEN-PROMISES_01-HP

Big Business Is Abandoning Its Climate Goals

From Amazon to Wells Fargo, a look at rampant backsliding on climate pledges.

Pursuits

PURSUITS_SHORTS

We’re Living in the Golden Age of Men’s Shorts

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Interested in a Luxury Sleeper Train Journey? Here’s What It’s Like

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New Maker’s Mark Whiskey Brand Leans Even More Into Wheat

0725_PURSUITS_OPENER

A New Wave of Craft Beer Is Built on Foraged Flavors

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American Sake Is Having a Major Moment

PURSUITS_Wave Pools

Will Wave Pools Turn Surfing Into the Next Golf?

June 1, 2025

AI Advances Are Accelerating, and We’re Not Ready DeepSeek’s ‘Tech Madman’ Founder Is Threatening US Dominance in AI Race Microsoft’s CEO on How AI Will Remake Every Company, Including His

May 1, 2025

GM’s Mary Barra Has to Make a $35 Billion EV Bet Work in Trump’s America It’s Legal to Pay US Workers With Disabilities as Little as 25¢ an Hour The Rise and Fall of the Stock Market’s Music King

April 1, 2025

Google Is Searching for an Answer to ChatGPT How TD Became America’s Most Convenient Bank for Money Launderers A US Drone Maker Tries to Take Back the Country’s Skies

March 1, 2025

Walmart Wants to Be Something for Everyone in a Divided America Your Stolen Car Is in a Shipping Container, Bound for Africa Believing in Aliens Derailed This Internet Pioneer’s Career. Now He’s Facing Prison

June 1, 2025

AI Advances Are Accelerating, and We’re Not Ready DeepSeek’s ‘Tech Madman’ Founder Is Threatening US Dominance in AI Race Microsoft’s CEO on How AI Will Remake Every Company, Including His

May 1, 2025

GM’s Mary Barra Has to Make a $35 Billion EV Bet Work in Trump’s America It’s Legal to Pay US Workers With Disabilities as Little as 25¢ an Hour The Rise and Fall of the Stock Market’s Music King

April 1, 2025

Google Is Searching for an Answer to ChatGPT How TD Became America’s Most Convenient Bank for Money Launderers A US Drone Maker Tries to Take Back the Country’s Skies

March 1, 2025

Walmart Wants to Be Something for Everyone in a Divided America Your Stolen Car Is in a Shipping Container, Bound for Africa Believing in Aliens Derailed This Internet Pioneer’s Career. Now He’s Facing Prison

Radio

ICYMI: Pride Under Pressure

7:58

The AI Issue

DeepSeek’s ‘Tech Madman’ Founder Is Threatening US Dominance in AI Race

DeepSeek’s ‘Tech Madman’ Founder Is Threatening US Dominance in AI Race

Microsoft’s CEO on How AI Will Remake Every Company, Including His

Microsoft’s CEO on How AI Will Remake Every Company, Including His

Inside the First Stargate AI Data Center

Inside the First Stargate AI Data Center

How AI Has Already Changed My Job

How AI Has Already Changed My Job

Musk's Trump Apology Tour

What’s Elon’s Next Move?

Elon and Trump Are Breaking Up in Public

Is Elon’s Political Capital Spent?

As Companies Abandon Climate Pledges, Is There a Silver Lining? — Cameron Galley for Bloomberg Businessweek

As Companies Abandon Climate Pledges, Is There a Silver Lining?

Coca-Cola, BP, HSBC and countless others are dropping environmental goals, highlighting the inadequacy of voluntary action.

Going Viral

The story behind the hit

Millions of Americans Are Obsessed With This Japanese Barbecue Sauce — Ryan Haskins for Bloomberg Businessweek; Photos: Getty Images; Bachan’s

Millions of Americans Are Obsessed With This Japanese Barbecue Sauce

The pandemic helped turn Bachan’s—an internet-only savory-sweet condiment—into a grocery store juggernaut.

How Coach Handbags Became a Gen Z Status Symbol

How the Lizard King Built a Reptile Empire Selling $50,000 Geckos

Ones to Watch

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, dealmakers, podcasters and directors who are shaping the future of the industry.

A Walk With

Getting to know the most interesting people in business

Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again — Nic Antaya for Bloomberg Businessweek

Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again

The Rocket Mortgage owner, fresh off back-to-back acquisitions, is having a blast spending his fortune.

Two Million Meat Sticks a Day Isn’t Enough for Chomps’ CEO

Inside the Dizzying Chaos of Running a Freight Business Under Trump

Buying Power

Amanda Mull on consumer culture

Trump Has Already Ruined Christmas — Kyoko Hamada for Bloomberg Businessweek

Trump Has Already Ruined Christmas

Even if the president were to call off the tariffs tomorrow, he’s unleashed a series of supply chain shocks that will cause consumers pain beyond store shelves.

Extra Salt

Deena Shanker on the food business

What America’s Pizza Economy Is Telling Us About the Real One — Sahara Jajarmikhayat for Bloomberg Businessweek

What America’s Pizza Economy Is Telling Us About the Real One

Higher-end pies are still selling, but for lower-income consumers even frozen pizza is becoming a luxury.

Healthy Sodas Like Poppi, Olipop Are Drawing PepsiCo’s and Coca-Cola’s Attention

Snack Makers Are Removing Fake Colors From Processed Foods

B-Schools

A crash course on the best business schools

African Students Are Flocking to US MBA Programs — Adetona Omokanye

African Students Are Flocking to US MBA Programs

But the Trump administration’s anti-international-student stance could soon put a stop to this.

Global Deans Condemn Move Denying International Students to Harvard

Gutting DEI? Not So Fast, Say B-School Applicants

Field Day

Ira Boudway and Randall Williams on the business of sports

Not Every Team Deserves a Netflix Sports Documentary — Alex Gamsu Jenkins for Bloomberg Businessweek

Not Every Team Deserves a Netflix Sports Documentary

Customers love them, but streamers are getting choosier in what they say yes to.

Ones to Watch

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, dealmakers, podcasters and directors who are shaping the future of the industry.

Buying Power

Amanda Mull on consumer culture

Trump Has Already Ruined Christmas — Kyoko Hamada for Bloomberg Businessweek

Trump Has Already Ruined Christmas

Even if the president were to call off the tariffs tomorrow, he’s unleashed a series of supply chain shocks that will cause consumers pain beyond store shelves.

Field Day

Ira Boudway and Randall Williams on the business of sports

Not Every Team Deserves a Netflix Sports Documentary — Alex Gamsu Jenkins for Bloomberg Businessweek

Not Every Team Deserves a Netflix Sports Documentary

Customers love them, but streamers are getting choosier in what they say yes to.

The Archive

February 1, 2025

The Sam Altman Interview

February 1, 2025

January 1, 2025

January 1, 2025

December 1, 2024

Trump’s Second Act

December 1, 2024

November 1, 2024

China’s EV Offensive

November 1, 2024

More From Businessweek

June 20, 2025

June 20, 2025

How Destabilizing Is Israel’s War With Iran?

In this week’s episode of Everybody’s Business, we discuss the conflict’s implications for the world at large, including the global economy.

US Bonds Extend Slide as Fed Seen on Hold Amid Oil Spike

June 20, 2025

June 20, 2025

Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags

Marketplaces are wary of listing counterfeits, but do customers really care?

Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags

June 19, 2025

June 19, 2025

Five Questions for Melinda French Gates

The billionaire philanthropist on giving in the age of Trump.

0616_5Q_GATES_01_HPLEDE

June 18, 2025

June 18, 2025

Microsoft Inks Record Carbon Removal Deals as Emissions Rise

The tech giant stands by its climate goals despite massive investments in AI.

Microsoft Inks Record Carbon Removal Deals as Emissions Rise

June 18, 2025

June 18, 2025

The US Has More Copper Than China But No Way to Refine All of It

The industry will need to overcome high energy and labor costs, environmental regulations and a glut of cheap Chinese competition to make US copper smelting great again.

The US Has More Copper Than China But No Way to Refine All of It

June 17, 2025

June 17, 2025

Can ‘MAMUWT’ Be to Musk What ‘TACO’ Is to Trump?

In this week’s Elon Inc., the panel discusses the latest developments in the Trump-Musk makeup and how much cash xAI is burning.

Can ‘MAMUWT’ Be to Musk What ‘TACO’ Is to Trump?

June 17, 2025

June 17, 2025

America’s New Language of Climate Denial

The Trump administration has moved from outright denying the science of global warming to simply dismissing it.

America’s New Language of Climate Denial

June 17, 2025

June 17, 2025

Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028?

He’s a sports mogul, small-business influencer, media personality, health-care disruptor—and the ultimate Trump foil.

Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028?

June 16, 2025

June 16, 2025

Ken Griffin on Trump, Harvard and Why Novice Investors Won’t Beat the Pros

The founder of $66 billion hedge fund Citadel is making waves in Miami, the nucleus of the new “Wall Street South.”

Ken Griffin on Trump, Harvard and Why Novice Investors Won’t Beat the Pros

June 16, 2025

June 16, 2025

US Allies and Adversaries Are Dodging Trump’s Tariff Threats

Leaders aren’t racing to make deals despite White House pressure.

US Allies and Adversaries Are Dodging Trump’s Tariff Threats