Business Beast: Pop Goes the Art Bubble

December 10 Having trouble viewing this? View it online.

1 CULTURE The Art Market Goes Mad The rich keep spending millions and driving up prices. But what happens when the bubble bursts? By Blake Gopnik. Read it at The Daily Beast

2 TECH A Little Apple Goes a Long Way Instead of criticizing the company's $100 million U.S. investment as too small, think about its ripple effects. By Daniel Gross. Read it at The Daily Beast 4 IN NEWSWEEK Calling All Cabs Uber, a taxi-service app, is facing regulatory hurdles. Daniel Gross on the new road rage. Read it at The Daily Beast Michael Bloomberg is considering purchasing the Financial Times Group, which includes the paper and a half interest in The Economist, according to The New York Times.” READ IT NOW › 5 WORTH A LOOK Week's Best Biz Reads How tax breaks backfire, a reclusive Israeli billionaire who got rich off African minerals, and more. Read it at The Daily Beast 3 OPPORTUNITY COSTS Obama's Energy Dilemma He could push fossil-fuel development to drive economic growth—or please his green constituency. By Joel Kotkin. Read it at The Daily Beast Missing and Presumed Rich A Better Banking Experience In response to Should H-P Break Up?: I think the board needs to take a good long look at itself. Look at the line of CEOs: Fiorina, Hurd, Apotheker, Whitman. Certainly it hasn't been completely downhill, but there has been a lot more bad than good. I really didn't like the idea of Whitman being the CEO, and now look at the Autonomy debacle. Pretty sure both founders are rolling in their graves at the state of this company. — Jane Meyeres In response to Obama's Energy Dilemma: I say go for it.  New York City and the state of Florida may end up under water as a result of climate change, but hey, that will just create more jobs building on higher ground.  Go economy! — BarryLyons

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