LONG hours have been the bane of the legal profession for ages; few of them involve thrilling courtroom antics. As a junior corporate lawyer at Davis Polk & Wardwell, a law firm in New York, John Bick remembers spending most of his waking hours poring over contracts looking for clauses that could complicate or kill […]
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THE Advanced Manufacturing Research Centre (AMRC) in South Yorkshire, England, looks like the very model of a modern industrial site—bright, shiny, airy and clean. In June 1984 it was the site of a traumatic moment in British history—the Battle of Orgreave, when picketing miners clashed with police as they tried to stop lorries collecting supplies […]
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A PUBLIC spat between two warring and wildly popular Chinese apps has had the feel of a teenage dance-off. “Sorry, Douyin Fans”, ran an article from the short-video app on its WeChat account, in which it accused the mobile-messaging service of disabling links to Douyin’s most popular videos. “All hail Douyin the drama queen,” retorted […]
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IF A girl in a poor country goes to school, she will probably have a more comfortable life than if she stays at home. She will be less likely to marry while still a child, and therefore less likely to die in childbirth. So, not surprisingly, there is an Indian charity that tries to get […]
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WITH his flowing locks and hip clothes Adam Neumann, co-founder and chief executive of WeWork, looks less like a property baron than the frontman of a rock group. He speaks expansively on the subjects of character, destiny and God. His four-year-old daughter wanders through his office during an interview with The Economist. Yet Mr Neumann, […]
Read moreCurrency, United States Finance
The U.K. has (almost) rolled out the red carpet for President Donald Trump’ three-day “working visit” to the country, although his presence has not been universally welcomed by any means by either the public or U.K. politicians. Protests are due to take place in various locations while Trump is here. He is set to meet […]
Read moreBoth Berkshire Hathaway CEO Warren Buffett and business mogul Kim Kardashian West are wildly successful in their own spheres. But the pair have another thing in common as well: They agree that the best investment they’ve ever made is in themselves. “Ultimately, there’s one investment that supersedes all others: Invest in yourself,” Buffett told Forbes. […]
Read moreTo meet Model 3 quotas, Tesla factory workers were provided free Red Bull to stay awake and instructed to walk through raw sewage to avoid interrupting production, according to a new Bloomberg Businessweek report. Reports of harsh conditions and intense pressure continue to emerge from the Fremont, California factory, which CNBC previously reported has suffered […]
Read moreCanaccord Genuity named Amazon king of the most revered tech stocks, while raising its price target on the e-commerce giant. “Amazon’s rapidly growing scale of investment is strengthening long-term competitive barriers, and this includes a robust outlook for Prime subscription growth,” Canaccord analysts Michael Graham and Austin Moldow wrote in a note Thursday. “We continue […]
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Currency, United States Finance
Trump can rest assured knowing that U.K. Prime Minister Theresa May will be counted among his allies in the U.K. The long-standing “special relationship” between America and Britain means the two share strong ties over a multitude of issues, including trade, defense and foreign policy. The prime minister has described the U.S. as a “good […]
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