Silicon Valley’s Biggest Foe Is Getting Even Tougher
BRUSSELS — Margrethe Vestager spent the past five years developing a well-earned reputation as the world’s top tech industry watchdog. From her perch overseeing Europe’s...
Category: Business
How FedEx Cut Its Tax Bill to $0
WASHINGTON — In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the...
Two Female Writers Quit Patricia Heaton’s CBS Show After Making Complaints
In May, CBS employees received an email introducing a new plan for handling sexual harassment complaints. There would be a “very expanded and visible” structure,...
Nestlé Says It Can Be Virtuous and Profitable. Is That Even Possible?
LAUSANNE, Switzerland — Mark Schneider, the chief executive of the Swiss food giant Nestlé, gripped a bun-clad concoction that looked like a bacon cheeseburger but...
Can a Company Be Virtuous and Profitable? Nestlé Says Yes
LAUSANNE, Switzerland — Mark Schneider, the chief executive of the Swiss food giant Nestlé, gripped a bun-clad concoction that looked like a bacon cheeseburger but...
Warren Wealth Tax Could Slow Economy, Early Analysis Finds
WASHINGTON — Senator Elizabeth Warren’s proposed wealth tax would slow the United States economy, reducing growth by nearly 0.2 percentage points a year over the...
Subzero Interest Rates Are Luring Insurers to Risk
MUNICH — It was a crisp fall morning, and Tom Wilson was contemplating the latest sign that the world of finance had turned upside down....
A.I. Systems Echo Biases They’re Fed, Putting Scientists on Guard
SAN FRANCISCO — Last fall, Google unveiled a breakthrough artificial intelligence technology called BERT that changed the way scientists build systems that learn how people...
Europe Is Toughest on Big Tech, Yet Big Tech Still Reigns
LONDON — Richard Stables should have felt vindicated when the European Union announced a $2.7 billion fine in 2017 against Google for breaking antitrust laws....
McKinsey Faces Criminal Inquiry Over Bankruptcy Case Conduct
McKinsey & Company, the elite consulting firm that advises many of the world’s largest and most powerful institutions, is facing a federal criminal investigation of...