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Posts published in “Asides”

Meet NextEra, America’s most valuable energy firm

The clean-energy utility has surpassed ExxonMobil in market capitalisaion—and shows no signs of slowingTO MANY INVESTORS, backing an American oil company looks only slightly shrewder than stuffing cash in a blender. Facing covid-19 and old concerns over low returns, the industry is scrambling to boost efficiency. On October 19th ConocoPhillips said it would pay $9.7bn…

Stockpiling pasta boosts Italy’s foodmakers

A Italian staple is a pandemic favouriteSUPERMARKET SHELVES stripped bare by stockpilers were familiar scenes as anxious shoppers loaded up with toilet rolls and pasta when lockdowns were first imposed. The taste for long-lasting dried food has been a boon for Italy, a country in deep recession. Although Italians remain the biggest eaters of pasta…

Royal Enfield’s Indian motorbikes are going global

Old-fashioned machines make a comebackDESPITE THE autumn chill, a group has gathered in front of the Iron Horse Royal Enfield dealership, a small stone building set in the Connecticut hills. A woman sits on a motorcycle, its single-cylinder engine thumping with a distinctive sound. In the window a striking chrome-and-black model looks much like what…

Takeaways from McDonald’s remarkable comeback

The new boss deserves credit for largely sticking with a successful strategyCHRIS KEMPCZINSKI is anything but supersized. One year into his tenure, the CEO of McDonald’s is a lean-framed 52-year-old who runs marathons. Hard to believe, then, that he eats a McDonald’s meal twice a day, five days a week. “There are days when I’m…

Questionable behaviour

HERE IS A test. Assign a score of 1 to 5, where 1 is “strongly agree” and 5 is “strongly disagree”, to the following statement: “I really care about my work.” If you have answered that kind of question before, you have probably applied for a job at a large company. Psychometric tests, as they…

Samsung after Lee Kun-hee

The death of its patriarch leaves South Korea’s biggest conglomerate with familiar challengesIN THE SPRING of 1995 word got to Lee Kun-hee that a batch of Samsung’s brand-new mobile phones, which it had doled out as new-year gifts, did not work. Incensed, the group’s chairman ordered employees at the factory that had made the offending…

Trump reportedly asked a Georgia elections investigator to ‘find the fraud’ in the 2020 election in lengthy phone call in December

Summary List PlacementPresident Donald Trump on a December 23 phone call pressured Georgia's lead elections investigator to "find the fraud" responsible for his election loss, The Washington Post reported Saturday. The president reportedly told the investigator they would be a "national hero" should they find the evidence he requested, according to the report. The Post's…

Two private institutions revoked Trump’s honorary degree following the Capitol siege

Summary List PlacementTwo educational institutions announced that they are revoking their honorary degrees given to President Donald Trump in light of the riots at the Capitol building on Wednesday.  Lehigh University and Wagner College both announced the revocation on Friday.  Board of trustees "voted to rescind and revoke the honorary degree granted to Donald J.…

The CDC director said the storming of the Capitol is likely a COVID-19 ‘surge event’ that will ‘have public health consequences’

Summary List PlacementDr. Robert Redfield, the outgoing Centers for Disease Control and Prevention (CDC) director under President Donald Trump, said on Friday that the mass riots at the US Capitol would likely be a COVID-19 "surge event" that could have repercussions nationwide. In an interview with McClatchy, Redfield said the riot, which left five people…