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Donald Trump’s promise of a golden age for oil is fanciful

“We will drill, baby, drill!” So thundered Donald Trump in his speech on July 19th at the Republican National Convention, where he accepted his party’s nomination as its presidential candidate. Encouraged by...

China’s robotaxis are racing ahead of Tesla’s

If autonomous cars are supposed to make life easy, then Apollo Go, the robotaxi unit of Baidu, a Chinese tech giant, still has work to do. When your correspondent tested its service...

How a CEO knows when to quit

Deciding to CAlL it quits is a relatively simple judgment early on in a career. If you find the prospect of going to work on Monday morning more depressing than a Lars...

Google wants a piece of Microsoft’s cyber-security business

IN LATE 2022 Wiz, a cyber-security startup, boasted that it was “the fastest-growing software company ever”. A stretch, maybe, but not a big one. At that point, 18 months after it was...

Can anyone save Macy’s?

In the 1990s Macy’s, a chain of department stores based in New York, began gobbling up rivals across America. By the late 2000s that strategy had turned it into the biggest fish...

China is the West’s corporate R&D lab. Can it remain so?

CHINA IS, FAMOUSLY, the world’s factory and a giant market for the world’s companies. More unremarked is its growing role as the world’s research-and-development laboratory. Between 2012 and 2021 foreign firms increased...

Can Burberry put its chequered past behind it?

PITY EUROPE’S luxury giants. On July 15th Swatch Group, a Swiss watchmaker, said its revenues and operating profit ticked down in the six months to June, by 14% and 70% year on...

Tech bros love J.D. Vance. Many CEOs are scared stiff

J.D. Vance’s life is full of twists and turns. His memoir from 2016, “Hillbilly Elegy”, chronicles how a boy from a drug-afflicted home in the Ohio rustbelt, who almost flunked high school,...

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