The Economist

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Trump wants to command bosses like Xi does. He is failing

Ignore for a moment Donald Trump’s shakedown of Nvidia, in which he has allowed the world’s most valuable firm to resume limited exports of its artificial-intelligence (AI) chips to China in return...

How AI could create the first one-person unicorn

Sarah Gwilliam is neither a software engineer nor, she confesses, does she “speak AI”. But after her father died recently she got the spark of an idea for creating a generative artificial-intelligence...

South America is fast becoming the world’s hottest oil patch

It was a rare day of good news for Britain’s beleaguered oil giant. On August 5th BP not only announced a quarterly profit of $2.4bn on its preferred measure, a third higher...

The Elon Musk theory of pay

Delaware’s chancery court stands between Elon Musk and investors willingly offering him a fortune. In 2018, when Tesla was worth around $50bn, the carmaker’s shareholders approved a plan to link Mr Musk’s...

Uber is readying itself for the driverless age—again

“Always be hustlin’, ” was the credo of Travis Kalanick, co-founder and former boss of Uber. That mindset helped turn the company into the world’s largest ride-hailing platform, with operations in more...

McDonald’s secret sauce—plus a pickle or two

THE success of the Golden Arches rests on three simple, sturdy foundations: a menu of reliably decent grub, at a decent price, shored up by catchy marketing. Ever since it went public...

How loyalty programmes are keeping America’s airlines aloft

You might expect America’s most valuable airline to earn its keep flying passengers. But you would be mistaken. In the second quarter of the year Delta Air Lines notched up a net...

Do consultants make good CEOs?

There are few more frequent visitors to the executive suites of America’s biggest companies than the strategy whisperers at McKinsey, BCG and Bain. It helps that the corner office is often occupied...

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