Soaring pay and bonuses came as an unwelcome shock to shareholders during US banks’ 2021 earnings season. Most big European banks are also likely to complain about the exploding cost of talent in their results over the next few weeks. The big worry for investors — after the best banking profits in years — is that pay profligacy today will ...

  Upon his return to Apple Inc. in the 1990s, Steve Jobs started what would become one of the most legendary business turnarounds in history. The key to the comeback was refocusing the iconic technology company on its original DNA: combining beautifully designed, high-quality products with a simplified, friendly customer experience. While Mac users have benefited from Apple’s return to ...

  After the disasters at Chernobyl in 1986 and Fukushima in 2011, turning away from nuclear power seemed prudent. Now it looks like a serious error — and not just because global energy costs happen to be spiking. Over the next several decades, an orderly, affordable and politically sustainable transition to zero-carbon electricity is likely to require a much bigger ...