The list of victims from the SolarWind hack allegedly perpetrated by the Kremlin grows ever longer and more startling, even including a U.S. nuclear weapons agency. For years, the federal government has been warned it needed to fix digital supply chains, and failed to do so. President-elect Joe Biden says cybersecurity will be a top priority when he moves into the White House and promised retribution. President Donald Trump has shown little inclination to punish Vladimir Putin for anything, and has said nothing about the massive cyber attack on America. 

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America. 

What you’ll want to read this weekend

Wall Street firms keep piling into Bitcoin, now well above $20,000. The uber-rich can afford to dabble in cryptocurrencies, but beware, Bitcoin has a history of flattering to deceive, Mark Gilbert and Lionel Laurent write for Bloomberg Opinion.

Five decades of tax cuts for the rich haven’t done much to help anyone other than the rich, according to a study. And when ultra-wealthy Americans move addresses, very little else goes with them.

All across Manhattan, the big towers are emptying again. It looks like the work-from-home boom is here to stay. But white-collar workers taking advantage of a newfound flexibility to leave expensive coastal cities will have to brace for pay cuts.

Lego is betting big on bricks-and-mortar retailing in China, according to Bloomberg Businessweek. As for importing Australian goods from wine to lobster, China is putting the brakes on hard.

For anyone taking a skiing trip, it could be mean either vacation bliss or, sadly, viral contamination. Here are some tips for people still planning to celebrate this holiday season at home.

What you’ll need to know next week

• Tesla joins the S&P 500, and that could be bad for other stocks.
• The NBA starts a shortened, 72-game season on Tuesday.
• Trump must answer a fraud lawsuit filed by his niece.
• Israeli faces collapse with a budget deadline looming.
• Boris Johnson urges “extreme caution” during holiday week. 

What you’ll want to read in Bloomberg Green

Why It’s So Hard to Stop Amazon Deforestation

Brazil’s Amazon region has suffered more deforestation this year than any in the past decade. The lax environmental policies of President Jair Bolsonaro bear some responsibility; but so does the climate crisis. How much blame can be laid at the feet of cattle farmers?

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The Best of Bloomberg Podcasts: As 2020 finally comes to an end, use your holiday down time to catch up on the best podcasts you may have missed, including Blood River, a tale of murder, corruption and environmental activism (on Apple and Spotify), and Foundering, the story of the fall of WeWork (on Apple and Spotify).

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