Two Empires, One Lesson
Joël Glenn Brenner's The Emperors of Chocolate remains the only narrative business journalism of the American confectionery industry written from the inside...
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The Hedge Ends in April: Europe's Airlines and the Fuel Cliff
The Quota Stops at the Port: Europe's Cap on Chinese Hybrids.
Innovation Is a System
Most companies that say they need more innovation do not lack ideas. Their system is stuck at one stage: finding the right problems, converting ideas into funded offers, or scaling what works. Seven cases, from Corning to Xerox, show why R&D spending will not tell you which.
China Shock 2.0: The Panic Is Misplaced. The Exposure Is Not.
Europe is bracing for a China shock the data says is landing elsewhere. EU imports from China are up 42% since 2019, yet total EU imports rose just 4%. The real damage is in South-east Asia, China's own factories and input dependency, and the surplus may already have peaked.