Business
Joint adventures
Disney, Ford, Microsoft and the age of the quasi-merger
How to build a global business empire in the 21st century
Schumpeter
What is weighing on CEOs’ minds this earnings season?
Shareholder letters are proving to be bleakly prophetic
The health-care horserace
America hits Chinese biotech—and its own drugmakers
A sweeping bill in Congress could cost patients at home
The imitation game
Generative AI is a marvel. Is it also built on theft?
The wonder-technology faces accusations of copyright infringement
Raising Arizona
TSMC’s American chipmaking plans grow $25bn more ambitious
They still pale next to its Taiwanese endeavours
Schumpeter
Generative AI has a clean-energy problem
What happens when the AI revolution meets the energy transition
Unplugged
Think Tesla is in trouble? Pity even more its wannabe EV rivals
A fleet of electric-car startups is struggling to stay in business
No-sun seekers
Airbnb bookings for the solar eclipse reach astronomical levels
Limited inventory and opportunistic travellers have kept the windfall in check