“Costs, costs, costs” are what Oliver Blume, the boss of Volkswagen (vw), recently said the car giant must address most urgently. His diagnosis of vw’s longstanding problem is nothing new, but his approach...

Warren buffett’s birthday present arrived early this year. On August 28th, two days before America Inc’s favourite great grandpa turned 94, his bricks-to-motor-insurance conglomerate, Berkshire Hathaway, reached a market value of $1trn....

Decarbonising the world’s electricity supply will take more than solar panels and wind turbines, which rely on sunshine and a steady breeze to generate power. Grid-scale storage offers a solution to this...

When Southwest Airlines launched in 1971, flying three Boeing 737 jets between Dallas, Houston and San Antonio, few imagined the impact its business model would have on the aviation industry in America...

For many, 2023 was the year of the chip. Just ask anyone holding shares in Nvidia, whose stock rose by 246%. But it was also the year of the Sloane Pant. The...

Parked outside the front doors of a handsome 1920s brick building in a Parisian suburb is a bright yellow Renault 5, a new electric vehicle (ev) unveiled by the French carmaker in...

Triumphs are fleeting in China’s fast-changing economy. Earlier this month Colin Huang, the founder of Pinduoduo, a Chinese e-commerce darling, became the country’s richest man. The company, founded in 2015, rose to...

The one thing that managers reliably lack is time. They will often be doing their existing jobs as well as supervising others. They have bureaucracies to navigate—expenses to authorise, hiring requests to...