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A CEO’s summer guide to protecting profits

MID-JULY is the time to bare it all. On the beach, this involves swimwear that, au fait with the latest fashion, varies in skimpiness from extreme to disturbing. In the boardroom, it...

America’s broken construction industry is a big problem for Trump

The Empire State Building, finished in 1931, was erected in just 410 days. That same year construction began on the Hoover Dam. It was meant to take seven years, but was built...

Silicon Valley is racing to build the first $1trn unicorn

Two years ago, when Nvidia first joined the club of trillion-dollar firms, plenty of investors worried that its shares were beginning to look pricey. Yet those who happened to buy a slice...

Can a $9bn deal sustain CoreWeave’s stunning growth?

Even by the mind-boggling standards of the artificial-intelligence (AI) boom, the growth of CoreWeave is striking. Two years ago the so-called neocloud, which rents out access to AI computing power, was a...

Pity France’s cognac-makers

Cognac producers had at least one thing to toast this week. After a months-long dumping investigation into European brandy, the Chinese government announced that 34 producers—including the three biggest, LVMH, Pernod Ricard...

Linda Yaccarino goes from X CEO to ex-CEO

When a company accidentally lavishes praise on Adolf Hitler, it may not be surprising that its chief executive promptly decides to step down. Yet in a testament to the turbulence of Linda...

Does working from home kill company culture?

“This isn’t just about productivity metrics,” Dara Khosrowshahi, the boss of Uber, told employees recently, after the ride-hailing company said they should all work from the office at least three days a...

On Lego, love and friendship

There is a locked room in Lego’s corporate museum, in Billund in Denmark, which is called the Vault. It is a large space, filled with shelves that are arranged in chronological order,...

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