When making a decision such as whether to hire, insure or lend to someone, is more data better? Actually, when it comes to fairness, the opposite is often true. Consider a recent Harvard Business Review experiment, which involved sending 316 fake applications to the largest U.S. law firms. All the applicants were among the top 1 percent of students ...

  Beijing had the best of intentions when it started to promote all-electric taxis in 2011. Not only would the green cars reduce the city’s choking pollution, but they’d highlight its commitment to becoming a center of innovation. There was just one problem: cold weather. Electric cars lose their charge quickly when temperatures drop, reducing their range, utility and — ...

  Bloomberg Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC. Europe’s appetite for natural gas will probably meet or even exceed last year’s growth as the region needs to replenish its lowest gas storage levels since 2013, according to Gazprom ...