Bloomberg Businessweek

Bloomberg Businessweek Weekend - January 23rd, 2026

Jan 24, 2026
Hannah Elliott, an auto columnist who test-drove Mercedes’ advanced driving AI. Brian Maciak, CEO of Fullspeed Automotive on changing maintenance habits. James Daunt, bookseller reviving community-focused stores. Rick Wurster, Charles Schwab CEO on client behavior and private-market access. Kathy Wood, ARK Invest founder on AI-driven investment platforms. Daron Acemoglu, MIT economist with a theory on political centralization.
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ADVICE

Democratize Private Investments For Clients

  • Schwab acquired Forge to democratize private-market access for retail investors and expand alternatives exposure.
  • Wurster suggests retail clients can gain diversification previously reserved for institutions.
INSIGHT

Curation And Local Power Revived Bookstores

  • James Daunt credits a post-COVID resurgence in reading and community-focused curation for Barnes & Noble's revival.
  • He stresses empowering store teams to act like independents to rebuild engagement.
ADVICE

Trust Local Teams To Curate Stores

  • Daunt advises giving stores autonomy: no visual or budget constraints, trusting local teams to curate for their community.
  • He says decentralization improved store performance compared with strict chain rules.
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