On a wet Wednesday morning in April, Ashley Holroyd had a steady but slow stream of customers into his coffee shop in Barrow-in-Furness, an industrial town in northwest England. The cafe, Coffee D’Ash, had been open for only about six months, and it barely filled the cavernous space. Despite the empty storefronts on the same…
Last December, I asked my students at Wharton to nominate and vote on topics for our final class. The runaway top choice was leadership lessons from Elon Musk. It’s become a hot topic among the corporate elite, too. At a recent leadership conference, the founder of a lucrative start-up said in passing that Mr. Musk…
The British government moved swiftly on Saturday to take control of operations at the country’s last large crude steel producing facility, in what appeared to be a major step toward nationalizing the plant. In an unusual and dramatic move, the government had summoned lawmakers back from vacation on Saturday to approve the government’s emergency legislation….
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs that erased trillions of dollars in value from the stock market in two days. Anxiety about the state of the private equity industry and other…
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners. If kept in place, the import taxes will also launch an economic project of defiant nostalgia: an attempt to reclaim America’s place as a dominant manufacturing power. In the postwar…
Si tu viaje de trabajo de ocho días se alargara nueve meses inesperadamente, podrías esperar que te pagaran algunas horas extras. No es el caso de Suni Williams y Butch Wilmore, los astronautas de la NASA que pasaron 278 días adicionales en la Estación Espacial Internacional tras averiarse su nave. El martes amerizaron en la…
In most countries, working as a housekeeper or nanny is a relatively safe profession. Yet as we traveled across Kenya and Uganda, from crowded and poor urban neighborhoods to far-flung farming villages, we heard many variations on the same horror story: Young, healthy women set off for domestic jobs in Saudi Arabia, only to return…
Feith Shimila Murunga says her boss groped, beat and raped her. Mary Wanjiru Nyambura says she was thrown from a balcony. Winfridah Kwamboka never even made it back home. East African leaders and Saudi royals are among those profiting off a lucrative, deadly trade in domestic workers. By Abdi Latif Dahir and Justin Scheck Photographs…
Italian employees at the Aviano Air Base in northern Italy paused from flipping burgers, unloading trucks and restocking shelves recently to open an email from their bosses demanding that they list five key accomplishments from last week. The email was a by-now familiar demand from President Trump’s chief cost-cutter, Elon Musk, carrying with it the…
The airport in Hamburg, Germany’s second largest city, said it had canceled all flights on Sunday because of a one-day strike over pay by ground staff called by a labor union that started its action earlier than expected without warning. The airport had been expected to carry more than 40,000 passengers on Sunday, with 144…