CAR-BUYERS are getting behind the wheel of an electric vehicle (EV) in ever greater numbers. As battery costs tumble, prices are falling. Compared with internal combustion engine (ICE) cars, which can be a pain to drive and service, electric cars are a thrillseeking motorist’s dream. But the shift to EVs is about more than driving…
Lily White
THE OFFICE used to be a place people went because they had to. Meetings happened in conference rooms and in person. Desks took up the bulk of the space. The kingdom of Dilbert and of David Brent is now under threat. The pandemic has exposed the office to competition from remote working, and brought up…
More women are climbing the corporate ladder. But more are also dropping off itWOMEN IN BUSINESS have broken three records of late. The number of female bosses at the helm of Fortune 500 companies in America is at an all-time high of 41. In 2021 CVS Health, the country’s fourth-biggest firm by revenue, became the…
The world of music has changed in the last 10 to 20 years in such a vertiginous way that some still try…
MOHAMMAD BARKINDO, secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC), reflected upon the dramatic geopolitical developments of the past few weeks as he addressed a ballroom in Houston this week. Thousands of oil executives have gathered in the world’s petroleum capital for CERAWeek, an energy conference organised annually by S&P Global, a financial-information…
Mariah Carey’s seasonal ubiquity illustrates the new economics of musicTHE BATTLE to be top of the charts on Christmas Day has been won in recent years by the likes of Taylor Swift, Ed Sheeran and Ariana Grande. But lately these singers have faced competition from an unexpected source: the 20th century. Despite the best efforts…
LONG BEFORE the invention of stakeholder capitalism, a core principle—that the interests of customers, employees and society should be as high or higher than those of shareholders—was carved into the plaster at Johnson & Johnson’s head office in New Brunswick, NJ. “Our Credo” as J&J calls its mission statement, dates back to 1943, when it…
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A new way of understanding the high but elusive worth of intellectual property
by Lily WhiteA group of 65 people have each achieved inventions worth $1bnIT IS TESTAMENT to human inventiveness that 50m patents are estimated to have been granted globally. But in aggregate much of the collection resembles an intellectual junkyard. Included are plausible ideas that no firm ever wanted to pay for, plausible ideas that fell short, and…
AFTER SEVERAL false starts, office workers are returning to their desks—for good this time, employers hope. As covid-19 restrictions are scaled back, people must again get used to crowds. Financial giants such Wells Fargo have joined Wall Street titans such as JPMorgan Chase and Morgan Stanley in urging people back to the office. The great…
It will take time to readjust to the presence of real-life colleaguesTWO YEARS ago this month the era of remote working abruptly began. As the first wave of covid-19 cases prompted lockdowns in the West, white-collar workers had to get used to new ways of conducting themselves. Unmuting was not yet a reflex movement, Zoom…