The Economist

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How McKinsey lost its edge

“Business has been forced to adjust itself to staggering acceleration in the rate of change,” observed McKinsey, a consultancy, in a promotional pamphlet it published in 1940. “What period in history has ever...

American businesses are running out of ways to avoid tariff pain

CoRPORATE America’s profit engine has been remarkably robust over the past few years, even amid stubborn inflation and elevated interest rates. Faced with Donald Trump’s assault on global trade, however, it is...

Who will pay for the trillion-dollar AI boom?

America’s biggest technology companies are combining Silicon Valley returns with Ruhr Valley balance-sheets. Investors who bought shares in Alphabet, Meta and Microsoft a decade ago are sitting on eight times their money,...

America’s ailing health insurers

Few firms in America are more unloved than health insurers. As gatekeepers of the world’s costliest health-care system, their miserly response to claims is a constant source of patient unhappiness. Investors, by...

Hello Kitty’s owner is purring contentedly

A show called “Hello Kitty and Friends Supercute Adventures” might be expected to feature the world-famous cat more prominently than one of her lesser-known companions. In fact in its most-watched episode, “Kuromi’s...

The remarkable rise of “greenhushing”

Read the headlines and the easy conclusion is that big business has abandoned the fight against climate change. In the past two weeks BP, an oil giant, sold its American onshore-wind business;...

How big tech plans to feed AI’s voracious appetite for power

America’s tech giants are masters of the digital realm. Yet as they bet stupendous sums on artificial intelligence (ai), their ambitions are facing constraints in the physical world. Shortages of chips and...

Can Bernard Arnault steer LVMH out of crisis?

Louis Vuitton’s new 17,000-square-foot development in Shanghai is, quite literally, the luxury brand’s Chinese flagship. The structure, which serves as a store, restaurant, museum and billboard, is shaped like a giant boat,...

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