Billionaires’ Fight Club: Musk and Altman Turn Apple’s OpenAI Lawsuit into a Brawl
Apple is suing OpenAI before its first AI device has even been unveiled. Elon Musk has seized on the case to attack Sam Altman, wh…
100,000 Jobs: Volkswagen’s Brussels Problem
When politicians replace stable rules with ad hoc market intervention, the economic consequences eventually follow. Volkswagen is …
Buffett Freezes Gates Foundation Donation over Epstein Fallout
Warren Buffett is holding back his usual midyear donation to the Gates Foundation as new court deadlines, congressional subpoenas …
Exodus: Corporates Abandon Pride Month
As support for LGBT causes falls in polls, so too are corporate sponsorship and promotion of festivals during Pride Month – to the…
What Does the Closure of Denby Reveal About the UK Economy?
Denby Pottery survived wars and recessions, but not soaring costs and shifting tastes. Its closure points to deeper troubles in Br…
SpaceX Seeks Biggest IPO in History With $75bn Bet on the Future
Elon Musk’s SpaceX has revealed plans to raise $75bn on the stock market. It would be the largest IPO in history, and the company …
Poland’s InPost Steps Up French Expansion With €500m Parcel-Locker Push
InPost is expanding its French parcel-locker network after becoming one of Poland’s most visible corporate success stories abroad.…
VW’s New China Gamble Leaves Germany in the Rear-View Mirror
Volkswagen is betting billions on China. But the wager is risky. Its new cars will be developed, built and sold there. For Germany…
KFC’s Czech Operator Responds to Hygiene Allegations with a Hard Reboot
KFC is facing a serious crisis in the Czech Republic after revelations of hygiene problems shook consumer confidence. The fast-foo…
Tim Cook Departs as Apple Faces Its Next Test
With Tim Cook stepping down, Apple closes the era of the consummate manager. His successor, John Ternus, must now deliver what App…
Plastic Shortage: The Next Shock Facing Europe’s Struggling Carmakers
The current oil market crisis could pose a greater challenge for carmakers than the pandemic. Back then, the industry entered the …
Domestic Help for a Dollar an Hour: India’s Startups Target a Booming Market
Helping to sort Lego bricks or peel a few potatoes are among the tasks for which Indians hire domestic help through an app.
Lufthansa Shuts Down CityLine in Response to Prolonged Strikes
Lufthansa is shutting down its regional subsidiary CityLine amid ongoing strike action. Thousands of employees are affected, as th…
VW: From People’s Car Maker to Defense Contractor?
The Volkswagen plant in Osnabrück, threatened with closure, could soon produce components for Israel’s Iron Dome. The crisis in th…
German chemical industry stuck in prolonged crisis
The German chemical industry, long a pillar of the country’s economy, remains under mounting pressure. New figures from the German…