CATEGORIES
STARBUCKS COULD REALLY USE SOME CAFFEINE THIS YEAR
The prospect of union drives at its thousands of US coffee shops may be the most visible challenge facing Laxman Narasimhan when he takes over the world’s largest coffee chain on April 1, but it’s hardly the only one.
Supreme Court Weighs In On Social Media
A set of US Supreme Court cases could transform the legal landscape for social media companies by the end of the court’s term in late June, with potentially wide-reaching implications for political discourse and the 2024 elections.
A Path Out of Poland's Isolation
Voters in Poland will head to the polls this fall. The results of the election could ripple through the rest of the European Union.
China Needs to Fire Up Its Consumers
China’s U-turn on Covid Zero is a big deal. But Beijing needs do more if it wants to push economic growth anywhere near the pre-pandemic rate of 6% a year.
Brazil Has Investors on Edge
New presidents usually start by trimming spending before loosening the purse strings toward the end of their term. But Brazil’s Luiz Inácio Lula da Silva is kicking off his government with a fiscal blast and asking investors to trust he’ll balance the budget later.
Hot Seat: Bank of Japan
Haruhiko Kuroda, the longest- serving Bank of Japan governor, is set to step down in April. Over the past decade, Kuroda oversaw one of the world’s most radical experiments in monetary policy, including yield curve control, in which a central bank commits to buying government bonds in order to keep yields at a target interest rate.
The Biden Agenda for 2023
For Joe Biden, 2022 was a turnaround year. He entered it bruised and stumbling as inflation soared, Covid-19 raged and Russia invaded. By the end, he and fellow Democrats had secured a series of victories in Congress, staved off the customary midterm election massacre and beat back skeptics within the party, helped by a resilient job market and receding inflation. It’s left Biden in a buoyant mood heading into 2023, emboldened and all but certain, at age 80, to announce a reelection bid soon.
Anybody Worried?
The pillars of prosperity have crumbled, and it's not clear they can be rebuilt
Can Ron De Santis Ride 'Woke' To the White House?
The Florida governor’s attacks on business leaders who promote progressive values are finding traction with the Republican grassroots
New York, Decarbonized
A 2019 city law threatens big fines for landlords who don’t clean up their buildings
In a World of Data, A Power Play Over Chips
In 2022 the whole world seemed to wake up to the idea that semiconductors, rather than data, are the new oil. A confluence of factors—from Russia’s invasion of Ukraine to the fallout from Covid-19—has turned a thesis into a widely accepted doctrine that’s spurring almost $100 billion in new state investment.
WHERE TO GO IN 2023
As tourists of all types are set to spend a record amount on travel this year, it's time to go big-because you're definitely not staying home
THIS ISN'T ROCKET SCIENCE
A group of former SpaceX engineers is building a pizza-making robot and taking the project very seriously
I'm Leavin' It
Before the invasion of Ukraine forced McDonald's to exit Russia, the company won millions of people over to American fast food, revolutionized the country's supply chain and changed Russian enterprise for good
Muffling Mumbai
Activists battling the cacophony say they can show the way for other noisy places
The Education of Susan Collins
○ For the Boston Fed’s new president, the study of economics began during family vacations
The End of 'Made in the USA'?
○ Los Angeles’s fashion industry is feeling the effects of a workers’-rights push
FTX Was Targeting Main Street
○ Before it collapsed, the crypto exchange saw novice small investors as its future
China's Tech Truce
The country's technology giants are finding out how to operate within Xi's tacit rules
At This CES, Pragmatism Reigns
After years of focusing on nascent technologies, interest shifts to areas with near-term profit
Japan's Carmakers Are EV Laggards
○ Not one of them is among the world’s top 20 electric-vehicle makers, risking their futures
The Great Compuppance
○ For some billionaires used to having their own way, 2022 was a reckoning
Apple's Stock Has A Teflon Shield
The iPhone maker’s shares, down for the year, are still doing far better than those of its tech peers
The people who defines global business in 2022
This is our sixth annual look at those in business, politics, science and technology, finance and entertainment whose accomplishments deserve recognition.
A Sanctions-Proof Trade Route
Russia and Iran are spending billions to build an inland corridor stretching all the way to India
Missing Children
Classrooms sit empty at day-care centers despite 24 billion in federal grants
Brian Moynihan's Low-Risk Mantra
'Responsible growth' has helped Bank of America avoid some messes but also caused it to miss out on some deals
Bosses Bite Back
Unions had some key wins in tech in 2022, but so did their opponents
Thwarting Data Nightmares
The finance industry has built a digital vault for sensitive data in case of a hack. So far, no one has had to tap into it
The Chatbots Are Coming for Google
ChatGPT and acrop of startups run by Google alumni reimagine search for the AI era