Ford is assembling ventilators, LVMH is making hand sanitizer, and Chanel is making masks. Here’s why these and dozens of other companies are doing it.
Seven of the past 10 business bailouts since 1969 have either broke even, or more frequently, ended up making a tidy profit for taxpayers.
Australia’s icon was owned and controlled by an American firm long suspicious about Australia.
Thanks to savvy public relations, General Motors inserted itself at the heart of culture in mid-century Australia. But dreams don’t last forever.
The odds are stacked against the striking workers at General Motors. A sociologist who’s studied the decline of the US auto industry explains why.
A bankruptcy filing always means there’s not enough money to go around, but the process ensures both debtors and creditors are protected.
While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of ‘get of jail free card,’ the reality of the legal procedure is more complicated.
Once-leading firms such as Chrysler, Citigroup, Dunlop and Nokia have one thing in common: they failed. While each case seems unique, research points to key processes that lead to corporate failures.
Trump claims the tariffs he’s imposed on imports from China and elsewhere are saving US industries and jobs. The data offers a murkier picture.
Companies often go out of their way to avoid clearly explaining actions like firing people or informing investors and others of bad news.
While some alarmists predict AI will decimate the workforce, the truth is concerted action by leaders in labor, business, government and education can ensure workers aren’t replaced by robots.
Economic research suggests tax incentives and other corporate subsidies don’t have the positive impact they’re supposed to.
Canada’s welfare state is disintegrating while corporate welfare soars. In an era of climate crisis, precarious work and instability, it’s time the corporate welfare bums paid us back.
Trump’s plan to slap $200 billion more in tariffs on Chinese goods is premised on yesterday’s waste-fueled economy. Tomorrow’s economy is ‘circular.’
In the information age, advertising is no longer needed to inform consumers.That means its primary role is to manipulate.
Apple became the world’s ‘biggest’ company because of its sky-high valuation. But in the past, the largest companies were known for more meaningful metrics such as revenue and number of employes.
The environmental responsibility some businesses say they embrace is only a veneer.
Uber, Tesla and Waymo (Google) are leapfrogging traditional car makers like Ford, VW and General Motors when it comes to self-driving cars.
Companies are flush with cash and profits and soon will have even more once the tax cut takes effect. So they can afford to be good again.
The takeover of GM’s European brands has historic parallels – and implications for both Europe and the US.