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How Hackers Held the Car Industry Hostage
The car sales industry in North America ground to a halt in mid-June after sophisticated cybercriminals took down CDK Global, the software provider w…
2 years, 1 month ago
Why China’s Investment Bankers Are Breaking Up With Capitalism
One after another, bankers at China International Capital Corporation — China’s premier investment bank – are pledging loyalty to the Communist Party…
2 years, 1 month ago
Forget Sleep. Who’s Ready to Trade All Night?
There is a growing push from retail traders, international investors, and a few big hedge funds to do something once unthinkable: keep stock markets …
2 years, 1 month ago
Democratic Panic Follows the First 2024 Presidential Debate
From big questions about Biden’s performance that have sent Democrats into panic over whether he should be on the ticket to Trump’s misleading statem…
2 years, 1 month ago
The ‘Upflation’ Formula: Halve the Ingredients, Double the Price
You’ve probably felt the pain of inflation. And you’ve also probably heard about shrinkflation — when companies respond to inflation by keeping their…
2 years, 1 month ago
Hong Kong: Five Years After Anti-China Protests
Four years after Beijing imposed a national security law on the city, Hong Kong continues to serve as an important financial hub connecting mainland …
2 years, 1 month ago
Inside Billionaire Bernard Arnault’s Business Playbook
LVMH has a sprawling portfolio of brands synonymous with luxury: Christian Dior, Louis Vuitton, Fendi, Bulgari, Celine, Tiffany & Co., Hennessy and V…
2 years, 1 month ago
AI’s Insatiable Needs Wreak Havoc on Power Systems
AI data centers are huge energy black holes, consuming as much energy as 30,000 homes – and their rapid growth is straining global grids. The numbers…
2 years, 1 month ago
Wall Street by Day, Waterdog by Night: The Double Life of a Professional Lacrosse Player
What do Robert Kraft, Kevin Durant and Joe Tsai – owner of the Brooklyn Nets – all have in common? They’ve decided to go big on a new professional sp…
2 years, 1 month ago
The US Housing Affordability Crisis, Explained
The long tail of the Great Recession and the aftermath of the pandemic have resulted in a major housing affordability crisis in the US — and it’s hit…
2 years, 1 month ago