Tuesday, December 24, 2024

10 books we're excited about in 2025

A Mark Twain biography and more
View in browser
Bloomberg

If you're in need of a very last-minute holiday gift, here's an idea: Get a gift card from your favorite bookseller and wrap it up with this 2025 list of books from Bloomberg Pursuits' James Tarmy. Plus: a story you might have missed about a mess at Yosemite National Park. If this email was forwarded to you, click here to sign up.

Programming note: The Businessweek Daily will be off on Christmas. See you Thursday.

Despite (or perhaps because of) the ongoing backlash against overtly political art and culture, it can feel like most of what's on offer is studiously middle of the road. And unsurprisingly, there are predictably mediocre results when everything from movies to visual art is calibrated to offend as few people as possible. Only books—both literature and nonfiction—appear impervious to external pressures; they're still asking the tough questions and delivering provocative answers. Read one or all of our 10 selections of 2025's crop—you can't go wrong. Here's a sample.

Illustration by Boris Pramatarov

World Eaters: How Venture Capital Is Cannibalizing the Economy
By Catherine Bracy, March 4

In theory, venture capital is just a way to direct money from institutional investors to fledgling businesses. Every major American tech company to emerge in the past few decades, and countless less famous ones, has been backed by VC. And yet Bracy, the chief executive officer of advocacy group TechEquity, argues this model is pernicious in ways we're only beginning to grasp. She takes issue with what she describes as venture capital's emphasis on "hyper maximalist growth"—saying it focuses too much on short-term success—and persuasively demonstrates how VC's prevalence has created a startup monoculture.

Mark Twain
By Ron Chernow, May 13

If contemporary readers think of Twain (and one suspects they rarely do unless they're in high school English class), they tend to associate him with The Adventures of Tom Sawyer and Adventures of Huckleberry Finn. This is a grave injustice to Twain (real name: Samuel Langhorne Clemens) and to themselves. Now, Pulitzer Prize-winning Chernow has written one of his trademark lengthy, gripping and accessible biographies, in this case burnishing the reputation of one of the 19th century's greatest literary voices.

The English Problem
By Beena Kamlani, Jan. 28

This novel follows Shiv, the son of a prominent Indian lawyer who's sent to the UK to study law in the 1930s. (The plan was devised by his father's friend, Mahatma Gandhi.) The idea is for Shiv to return to India and use his newfound skills to help it achieve independence. Of course, it isn't that simple, largely because aspects of assimilation prove more seductive than Shiv anticipates. Kamlani, a veteran editor and writer who's somehow only now publishing her first novel, does a superb job of illustrating the barbarity of the British ruling class while underscoring the nobility and contradictions of their subjugated Indian counterparts. The book never feels moralizing or pedantic, even as it introduces a range of figures we're more accustomed to seeing in history books.

Keep reading for seven more options: A Reading List for the New Year

And take a look back: Top Business Leaders Pick 2024's 49 Best Books

In Brief

ICYMI

This week we're taking a look back at some of Businessweek's most popular stories from 2024. Chemical spills, a ceiling collapse, indoor bears: Those were just some of the problems at Yosemite National Park that Laura Bliss wrote about in August. Employees and park superfans place the blame with a contracted hospitality company. The story starts with one worker who became quite ill.

Photographer: Wesley Allsbrook for Bloomberg Businessweek

A couple of miles past the western entrance to Yosemite National Park, visitors pass from California into a postcard. The road opens to a majestic view of Half Dome, El Capitan and Cathedral Rocks—celebrity peaks if ever there were—which form the towering walls of Yosemite Valley. On the pine-scented floor of John Muir's mountain mansion, the Merced River flows gently by the side of the road as signs point toward trailheads and tourist destinations. Not far from Curry Village, a cluster of tent cabins and eateries at the eastern end of the road, is a section of employee housing known as the Stables. It was there that Erin Rau found herself wrapped in a sleeping bag one broiling afternoon last summer, wondering whether she was about to die.

Rau was a little over a month into a seasonal job selling goods in the village's general store. Almost as soon as she arrived from Michigan, she recalls, she got the sense this wouldn't be the carefree, post-college summer gig she'd imagined. In the evenings, she was left alone to manage a bunch of fellow early-twentysomethings making the same sixteenish bucks an hour until the shop closed at 10. At night a family of ringtail possums would crawl down from the rafters to tear into a display of baked goods, a long-standing issue she says her bosses did nothing to resolve, apart from throwing away half-eaten muffins in the morning. Similarly, deer mice kept leaving droppings on the pillows and sheets in the cabin Rau shared with three other women. When one of her roommates complained, she says, management supplied a Ziploc with a couple of mouse traps, a mask, gloves and some hand wipes, leaving the employees to sort out the rest.

Then, one morning, Rau awoke with what felt like the worst flu of her life. For days she huddled in bed with the heater cranked up as waves of nausea rippled down her freezing, aching body. On the third night, one of her roommates insisted on driving her the hour and a half to the nearest emergency room, in Mariposa. "I thought I was dying," Rau says. "I was shaking uncontrollably, I was so cold." The ER doctor told her that, based on her symptoms, she most likely had hantavirus, a rare disease that can attack the heart or kidneys with stunning ferocity. It kills more than 1 in 3 people. And it's transmitted by, you guessed it, deer mice.

Keep reading: Yosemite National Park Is a Mess

Coffee Strike Spreads

300

That's how many cafés are now affected by Starbucks Corp. barista strike, according to its worker union. "The overwhelming number" of Starbucks' more than 10,000 company-operated stores in the US remained open as usual amid holiday shopping, the company said.

Taking a Risk on Bitcoin

"I would be lying to say there were times where I didn't have doubts, to maybe just go get a stable TradFi job again. But I think it kind of takes that belief and a little bit of courage to really stick through it."
Patrick Liou
A principal at Gemini, the crypto exchange
Wall Streeters who left traditional finance jobs to work with digital assets have felt validated by their decision to ride the Bitcoin boom.

More From Bloomberg

Like Businessweek Daily? Check out these newsletters:

  • Business of Space for inside stories of investments beyond Earth
  • CFO Briefing for what finance leaders need to know
  • CityLab Daily for today's top stories, ideas and solutions from cities around the world
  • Tech Daily for exclusive reporting and analysis on tech and AI
  • Green Daily for the latest in climate news, zero-emission tech and green finance

Explore all newsletters at Bloomberg.com.

Follow Us

Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights.

Want to sponsor this newsletter? Get in touch here.

You received this message because you are subscribed to Bloomberg's Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox.
Unsubscribe
Bloomberg.com
Contact Us
Bloomberg L.P.
731 Lexington Avenue,
New York, NY 10022
Ads Powered By Liveintent Ad Choices

No comments:

Post a Comment

🧐 'Lost bitcoins' = myth

Quantum computing might crack old wallets  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ...