Business News

For industry, climate policy is a delicate balancing act

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Print edition | Business Jan 10th 2019 “DOES ANYONE here speak English and want to talk to a journalist” yells Ulrich Kindermann, as he wheels his bicycle through the 12,000-year-old Hambach Forest in north-west Germany. He appears to be shouting up to the treetops. Strangely, they answer back. “Maybe”, comes a cry from Maximilian in […]

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Apple succumbs to the smartphone malaise

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LAST SUMMER the market value of Apple passed $1trn, a first for any publicly traded Western company. It did not stay there for long. In November it passed the $1trn mark again, travelling in the other direction. Last week Tim Cook, the smartphone maker’s boss, cut revenue forecasts for the first time in over a […]

Business News

Carlos Ghosn gets a chance to plead his innocence

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Print edition | Business Jan 10th 2019 SEVEN WEEKS in a Japanese prison have taken a toll on Carlos Ghosn. A diet based on rice and vegetables has left the former chairman of Nissan’s cheeks thinner. His black hair is flecked with grey. But the physical effects have not made him less feisty. He used […]

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California’s biggest utility is in deep trouble

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Business and finance Jan 8th 2019 PG&E, CALIFORNIA’S largest utility, is accustomed to disaster. In 2001 it declared bankruptcy after California mismanaged the deregulation of the state’s electricity market. In 2010 one of its gas pipelines exploded. Its travails are even the stuff of Hollywood. “Erin Brockovich”, starring Julia Roberts, told the story of how […]

Business News

The spy who hired me

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THE NEW YEAR is the moment when people vow to improve their fitness. They join gyms, swear off alcohol and adopt detox diets. These resolutions usually do not last beyond January. But some employers try to help their workers stick to their goals by offering “wellness” programmes. One of the longest-running examples began in 1979 […]

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Masayoshi Son wants Arm’s blueprints to power all tech

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ON THE OUTSKIRTS of Cambridge, where city fades to field, the headquarters of Arm Holdings, a chip-design firm, is expanding apace. Its latest new building is long and flat, with a façade adorned with a pattern of metal triangles. These represent the nanometre-sized silicon fins found on the surface of modern transistors. Once the office […]

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China ends a long freeze on new video games

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THE BACKLOG of new titles awaiting approval has probably surpassed 5,000, so the news on December 29th that 80 new video games had received the blessing of the Chinese government might have seemed underwhelming. But for game developers, any let-up is welcome. After a reshuffle in March that put the new media regulator, the State […]