Recent Posts

Musk soars, Bezos sues in space race

Space races are supposed to be won in engineering labs or up in orbit. Thanks to Jeff Bezos, the next one might be won in a courtroom or regulator’s office. As Bezos’s companies fall behind Elon Musk’s SpaceX in the race to return humans to the moon and launch satellite-based broadband services, they’re increasingly resorting to politics and legal filings ...

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Does inflation need to be unprecedented?

Leaders of the top US industrial companies gathered virtually for the annual Morgan Stanley Laguna conference. Unsurprisingly, much of the discussion centered around the rising cost of raw materials, labor and logistics and the increasingly difficult challenge of getting enough supply to keep up with demand. “The inflation is unprecedented,” 3M Co Chief Financial Officer Monish Patolawala said at the ...

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Europe is running low on gas as winter sets in

Europe has an energy problem, and it could get worse once winter grips the continent. Gas and electricity prices are soaring, windmills are standing idle for lack of wind and shuttered coal-fired power plants are being brought back into use. There are even suggestions to use diesel generators for private generation. But oil isn’t the solution to the continent’s energy ...

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