The Economist

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Can Uber and Lyft ever make real money?

IT HAS BEEN a bumpy journey for investors in Uber, the world’s biggest ride-hailing company, since it was listed in 2019. In its first six months as a public company Uber’s share...

America’s logistics boom has turned to bust

ON AUGUST 6TH Yellow, one of America’s biggest trucking firms, declared bankruptcy and announced it would wind down operations after 99 years in business. It collapsed under the weight of falling sales...

How real is America’s chipmaking renaissance?

AMERICAN CHIPMAKERS account for a third of global semiconductor revenues. They design the world’s most sophisticated microprocessors, which power most smartphones, data centres and, increasingly, artificial-intelligence (AI) models. But neither the American...

Beyond the tech hype, how healthy is American business?

TEN MONTHS ago the spectre of recession was haunting corporate America. Inflation was rampant, earnings were depressed and the Federal Reserve was rapidly tightening the screws. Instead, inflation has moderated, the jobs...

A refresher on business air-travel etiquette

The covid-19 pandemic has, thanks to Zoom, killed off many work trips. But not all of them. Some in-person meetings far afield are coming back. And so is business flying. Plenty of...

Has e-commerce peaked?

THREE YEARS AGO, as lockdowns forced consumers to move much of their spending online, a golden age for e-commerce appeared to be dawning. Optimistic investors, convinced that shoppers would keep buying on...

Meet America’s most profitable law firm

BIG LAW enjoys a long life. For an illustration, examine “The Partners: Inside America’s Most Powerful Law Firms”, by James Stewart, published four decades ago. With a few exceptions, the book’s starring...

What if Germany stopped making cars?

“THE FUTURE of the VW brand is at stake.” When Thomas Schäfer, the mass-market marque’s newish boss, gave a presentation to his management team in early July, he did not sugarcoat its...

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