彭博商业周刊Bloomberg_Businessweek_USA_－_11_July_2016

Month_00 — Month_00, 2016 | bloomberg.comJuly 11 — July 17, 2016 | bloomberg.comThe retailer lost its cool. Now it’stapped pint-sizefashionistas to turn things aroundp34© 2016 Citibank, N.A. Member FDIC. Equal Oppor.tunity Lender. Citi, Citi with Arc Design and The World’s Citi are registered service marks of Citigroup Inc.citi.com/progressAt one point, 40 percent of streetlights in Detroit didn’t work. This made life even more difficult for a city that was already struggling. The Public Lighting Authority of Detroit devised a plan to reilluminate the city. But finding a bank to finance the project during Detroit’s bankruptcy was challenging. Citi stepped up and committed its own capital, which encouraged other investors. So far, thousands of new LED lights have been installed, lighting the way as a model for similar projects around the world. For over 200 years, Citi’s job has been to believe in people and help make their ideas a reality.“IT’S NOT JUST STREETLIGHTS. IT’S ABOUT A SENSE OF COMMUNITY.” ODIS JONESFORMER CEO, PUBLIC LIGHTING AUTHORITY OF DETROIT“When I first met them, I had the same reaction. Staples? Really?” p18“It is one of the most miserable, mismanaged, hopeless countries on the planet. But that doesn’t mean you can’t make money” p14“We sacrifice rams, goats, chickens, roosters—all this is part of the ancient religions. I don’t believe that the caiman has the power to do anything” p40p34PHOTOGRAPH BY STEVEN BRAHMS FOR BLOOMBERG BUSINESSWEEK1Opening Remarks Sanders could change the Democratic Party—if he knew how to quit 6Bloomberg View Defining corruption down • Congress is on vacation, but Zika isn’t 10Global Economics The populist Five Star Movement rises on Italy’s mountain of debt 12India courts Iran, Russia, and other petro states to satisfy its growing thirst for oil 13Venezuela’s citizens are short on food and medicine, but its bondholders are doing just fine 14Changes in student lending and rising tuition fuel an increase in consumer debt 15Companies/Industries Sales of Airbus’s superjumbo have been anything but super 16Drug companies look for less toxic treatments for aging HIV patients 17Rio’s first surprise winner: Staples, which will make 20 million promotional items for the Summer Games 18Norwegian fish farmers set sail to raise parasite-free salmon 19Politics/Policy Trump proposes a free-for-all on free trade 20An Obama rule to make companies disclose the use of anti-union advisers is blocked by a federal court 21Pandora is a hit with politicians trying to reach minority voters 22The latest battle in the fight for women’s rights: Menstrual equity 23Technology An obscure Illinois law might let you keep your fingerprints 24Asian tech companies are taking patents more seriously 25Shell enlists gravitational waves in its search for oil 26Innovation: Nevada startup S-Ray develops a radiation-free alternative to the dental X-ray 27Markets/Finance Why is everyone taking the CFA exam? 29Time is money—and to defeat HFT firms, it’s