Thirty years ago, a single light bulb would illuminate the mezcal distillery owned by Gladys Sánchez Garnica’s family in rural Oaxaca, where the agave-based spirit was made through the night. As drops dripped from a clay oven, Garnica and her…
In 2024, law firm Sidley Austin and consulting giant Deloitte both signed leases at 23Springs, a gleaming 26-story tower in Dallas’s Uptown submarket. The numbers looked like acomeback story: average office rents in the city were rising. They weren’t. Or…
Boards and management all have the same fear – the ominous news story, 13D filing, or even the first phone call when an activist investor introduces themselves as one of their largest shareholders. What happens next is swift and often…
In March 2020, Airbnb was nearing an IPO that would cap one of Silicon Valley’s most closely watched growth stories. Then global travel stopped. Within weeks, the company’s business effectively collapsed as borders closed, flights were grounded, and consumers retreated…
After the U.S. Supreme Court struck down much of President Donald Trump’s tariff regime in February, he threatened to use other legal powers to reimpose import duties on the rest of the world. The world got the first indication of…
Good morning. How will AI impact Ray Dalio’s prognosis for the economy? The Bridgewater founder published a piece in Fortune this weekend, in which he argues that we are in stage 5 of what he calls the “Big Cycle.” (The…
There is no question that for many Europeans, work will look different in the coming years. We’ve seen this “ripple effect” with every major technology shift, from computers to the Internet. And while research suggests that far more jobs will…
Relationships are hard. They require vulnerability and a high tolerance for the friction associated with navigating what you want while mediating the needs of someone else. But for Gen Z, those early romantic trials—and the social calluses they build—are increasingly…
U.S. President Donald Trump’s appeal to China, France, Japan, South Korea, Britain and others to send warships to keep the Strait of Hormuz “open and safe” brought no commitments on Sunday as oil prices soar during the Iran war. U.S. Energy Secretary Chris Wright told NBC he…
China’s long-running effort to build out its energy sources is getting fresh momentum from the war in the Middle East, reinforcing a strategy that’s sent grid operators on a bond-selling binge and funneled hundreds of billions of dollars into the…