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Green Shoots Amid Europe's ENERGY WOES
After Russia invaded Ukraine in February, European governments vowed to slash their dependence on imported natural gas and speed the shift to clean energy.
Another OILY COP
The annual climate conference known as COP (for Conference of the Parties, in United Nations-speak) will take place from late November to mid-December in Dubai.
F1 to Women: We want you
Only five women have competed in Formula One. The last one to start in an F1 race was Lella Lombardi … in 1976. A former delivery van driver for her family’s butcher shop in Italy, Lombardi won fans with her punishing speed and grit. When a journalist asked her how it felt to pilot such big cars, she replied, “I don’t have to carry it, I just have to drive it.”
Hot Seat: ESG investing
Only a year ago, finance executives were waxing lyrical about environmental, social and governance investing, or ESG, a strategy that weighs risks from societal problems such as climate change and inequality and spots ways to profit from addressing them.
California Wants to Run Out of Gas
In late august, California air regulators announced that the state would ban the sale of most gasoline-powered vehicles by 2035, a policy aimed at encouraging a shift to electric vehicles (E.V.s). A week later, amid a massive heat wave, California officials begged E.V. owners not to recharge their cars during peak evening hours so as not to overload the state's energy grid.
Can Ron De Santis Ride 'Woke' To the White House?
The Florida governor’s attacks on business leaders who promote progressive values are finding traction with the Republican grassroots
New York, Decarbonized
A 2019 city law threatens big fines for landlords who don’t clean up their buildings
At This CES, Pragmatism Reigns
After years of focusing on nascent technologies, interest shifts to areas with near-term profit
In a World of Data, A Power Play Over Chips
In 2022 the whole world seemed to wake up to the idea that semiconductors, rather than data, are the new oil. A confluence of factors—from Russia’s invasion of Ukraine to the fallout from Covid-19—has turned a thesis into a widely accepted doctrine that’s spurring almost $100 billion in new state investment.
I'm Leavin' It
Before the invasion of Ukraine forced McDonald's to exit Russia, the company won millions of people over to American fast food, revolutionized the country's supply chain and changed Russian enterprise for good
FTX Was Targeting Main Street
○ Before it collapsed, the crypto exchange saw novice small investors as its future
Muffling Mumbai
Activists battling the cacophony say they can show the way for other noisy places
Japan's Carmakers Are EV Laggards
○ Not one of them is among the world’s top 20 electric-vehicle makers, risking their futures
The Great Compuppance
○ For some billionaires used to having their own way, 2022 was a reckoning
China's Tech Truce
The country's technology giants are finding out how to operate within Xi's tacit rules
The Education of Susan Collins
○ For the Boston Fed’s new president, the study of economics began during family vacations
THIS ISN'T ROCKET SCIENCE
A group of former SpaceX engineers is building a pizza-making robot and taking the project very seriously
The End of 'Made in the USA'?
○ Los Angeles’s fashion industry is feeling the effects of a workers’-rights push
WHERE TO GO IN 2023
As tourists of all types are set to spend a record amount on travel this year, it's time to go big-because you're definitely not staying home
Apple's Stock Has A Teflon Shield
The iPhone maker’s shares, down for the year, are still doing far better than those of its tech peers
Missing Children
Classrooms sit empty at day-care centers despite 24 billion in federal grants
Bosses Bite Back
Unions had some key wins in tech in 2022, but so did their opponents
The Chatbots Are Coming for Google
ChatGPT and acrop of startups run by Google alumni reimagine search for the AI era
Thwarting Data Nightmares
The finance industry has built a digital vault for sensitive data in case of a hack. So far, no one has had to tap into it
A Sanctions-Proof Trade Route
Russia and Iran are spending billions to build an inland corridor stretching all the way to India
Brian Moynihan's Low-Risk Mantra
'Responsible growth' has helped Bank of America avoid some messes but also caused it to miss out on some deals
How Taylor Swift Could Still Hurt Ticketmaster
The ticketing fiasco over the singer's tour might help reopen an old antitrust case about its market power
Stopping Alzheimer's Before It Starts
Rather than treating patients already stricken, new drugs from Eli Lilly and Eisai are being tried years earlier
The Fed Doesn't Care About Your Misery
Maybe you've noticed, but supporting stock and bond markets isn't the central bank's top priority
The people who defines global business in 2022
This is our sixth annual look at those in business, politics, science and technology, finance and entertainment whose accomplishments deserve recognition.