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In the seven weeks since Cyrus Mistry was unceremoniously booted as chairman of Tata Sons, the holding company of the Tata group, the boardroom battle between the former boss man and his erstwhile employer has generated much heat and sound. Figuratively speaking, of course. The sparring, via copious statements and press releases, began somewhat grudgingly, […]

It’s going to cost a little extra to fix this burrito. That’s the message Chipotle Mexican Grill sent today in an announcement that its co-CEO, Monty Moran, was stepping down and vacating his seat on the company board. In his place, the chain’s founder and co-CEO, Steve Ells, would be taking full control of the […]Read More

A new list of the richest South Africans out this week reveals Atul Gupta, close associate of President Jacob Zuma, has become the richest person of color in South Africa. Rather than celebrated as an achievement, the ranking has riled South Africans who accuse the president of patronage and corruption. Gupta is the seventh richest […]

The aftermath of the US presidential election has drawn fresh attention to bigotry and threats against marginalized communities across the country. At the University of Michigan, where I teach, a man threatened a female student wearing a hijab, saying he would set her on fire if she did not take it off. A black baby […]

The music business as we know it is dead. It’s fitting that the final nail in its coffin would be Wolfgang Amadeus Mozart—the 18th-century composer, long-dead himself—who this month became 2016’s top artist by CD sales. Mozart owes the win to a boxed set of his music that was released Oct. 28 in celebration of […]Read More

Defense contractor Lockheed Martin abruptly lost $3.5 billion in market value this morning after US president-elect Donald Trump tweeted that the cost of its F-35 fighter jet is “out of control.” Trump’s hint that his administration would cut costs on military spending, particularly the F-35 fighter program, pushed Lockheed’s shares down by nearly 5% in […]Read More

If you’re on LinkedIn, you can probably brag about being connected in one way or another with Santa Claus, or at least one of them. The social networking site for job seekers hosts hundred of them: The Santas advertise their talent for distributing gifts, acting, playing the banjo, and just generally bringing the party. Some […]

It’s no secret that the gap between the decked out front of the plane and where the rest of us sit and stew is growing. But there’s another option out there—private jets. Sure, it’s not for those short on cash, but a few upstarts are lowering the velvet rope for what used to be a […]Read More

With anti-establishment politics shaking governments across the west, US and European intelligence chiefs are newly raising the alarm about Russian cyber attacks and information warfare, saying they pose a threat to their democracies. In the US, the warnings have been met with a mix of outrage and outright dubiousness. While a bipartisan group of senators […]

The late 20th century was a period of unprecedented advancement in information and communications technology. The rapid adoption of mobile phones in Africa laid the groundwork for a digital economy. According to a new study by the Stockholm Environment Institute, Creating Sustainable Bioeconomies: The Bioscience Revolution in Europe and Africa, new opportunities for economic transformation […]

American homeowners who have fallen behind on their mortgage payments will get a small break from the government this holiday season: They won’t be evicted until after the new year. The Federal National Mortgage Association, better known as Fannie Mae, which is operated by the federal government, said it will not evict homeowners between Dec. […]

Bill Gates is leading a more than $1 billion fund focused on fighting climate change by investing in clean energy innovation. The Microsoft co-founder and his all-star line-up of fellow investors plan to announce tomorrow the Breakthrough Energy Ventures fund, which will begin making investments next year. The BEV fund, which has a 20-year duration, […]