It was similar to the maligned film director who says, “My movie isn’t bad, the audience just isn’t smart enough to understand it.” Except this time it was the chief executive of a $30 billion telecoms equipment firm talking about his quarterly earnings. Ericsson AB’s adjusted operating profit hit 3.9 billion kronor ($415 million) in the three months to June, ...

Do people really care about income inequality? Or when they use the term, are they really thinking about something else? You would certainly think from the US political debate that Americans want to close the rich-poor wage gap. In 2013, President Barack Obama famously asserted that inequality is “the defining issue of our time.” Or take Senator Elizab- eth Warren, ...

Bloomberg The company that brought you free digital maps and email wants to do the same thing for your drone. Wing LLC, an offshoot of Alphabet Inc’s Google, unveiled a new app it calls OpenSky that it hopes will become the basis for a full-fledged air-traffic control system to manage the expected growth of this new class of flying devices. ...