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The Economist » Business

The Economist » Business

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Global business, entrepreneurship, and innovation analysis.

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Giorgio Armani’s Bizarre Will Has Caused a Rift at His Fashion Label
News•Feb 19, 2026

Giorgio Armani’s Bizarre Will Has Caused a Rift at His Fashion Label

Giorgio Armani’s death in September 2026 revealed a will packed with eccentric assets—from elephant tusks to Japanese rugs—and unexpected beneficiaries, including a personal aide granted millions in securities and yacht access. The document has sparked a leadership rift within the iconic fashion house as heirs and executives grapple with the distribution of wealth and control. New managers must now navigate the delicate balance between preserving Armani’s creative legacy and addressing the governance turmoil. The outcome will shape the future trajectory of one of Italy’s premier luxury brands.

By The Economist » Business
When Management Mantras Help—And when They Hurt
News•Feb 5, 2026

When Management Mantras Help—And when They Hurt

Management mantras act as cultural shortcuts that embed core values and simplify decision‑making. Classic examples like “garbage in, garbage out” or Charlie Munger’s incentive warning help align teams around shared principles. However, when applied rigidly, mantras can suppress nuance, discourage...

By The Economist » Business
The Elusive Czech at the Centre of European Business
News•Feb 5, 2026

The Elusive Czech at the Centre of European Business

Daniel Kretinsky still believes in the old continent—but fears its lack of pragmatism

By The Economist » Business
Don’t Be Fooled. AI Bosses Are Regular Capitalists
News•Jan 29, 2026

Don’t Be Fooled. AI Bosses Are Regular Capitalists

A court fight between Elon Musk and OpenAI has pulled back the corporate curtain on the AI sector’s capitalist roots. Musk alleges OpenAI abandoned its original non‑profit charter and demanded a massive payout, citing its lucrative partnership with Microsoft as...

By The Economist » Business
How IBM Became an AI Darling
News•Jan 29, 2026

How IBM Became an AI Darling

IBM has reinvented itself once again, emerging as a leading AI player after decades of strategic pivots. The company moved from mainframe hardware to IT services in the 1990s and off‑loaded its PC business to Lenovo in 2005, freeing capital...

By The Economist » Business
Silicon Valley Wades Into a Trade Spat with South Korea
News•Jan 28, 2026

Silicon Valley Wades Into a Trade Spat with South Korea

Coupang, South Korea’s e‑commerce powerhouse with $35 bn in sales, suffered a massive data breach that has escalated into a diplomatic dispute. U.S. officials, backed by allies in the Trump administration, are pressing for tighter security controls on the firm’s handling...

By The Economist » Business
How Porn Stars Can Survive in the Age of AI
News•Jan 27, 2026

How Porn Stars Can Survive in the Age of AI

The AVN Adult Entertainment Expo highlighted a turning point for the porn industry as artificial intelligence reshapes content creation. Performers face mounting threats from AI‑generated deepfakes that can siphon revenue and damage reputations. In response, stars are adopting subscription services,...

By The Economist » Business
Will the Smartphone Survive the AI Age?
News•Jan 25, 2026

Will the Smartphone Survive the AI Age?

The smartphone’s reign faces its first serious test as AI giants OpenAI, Meta and Amazon unveil devices that could supplant the iPhone‑Android duopoly. OpenAI’s Sam Altman hinted at a new AI‑first hardware that would feel unlike any phone, while Meta...

By The Economist » Business
Chinese AI Models Are Popular. But Can They Make Money?
News•Jan 22, 2026

Chinese AI Models Are Popular. But Can They Make Money?

Chinese AI labs have become the world’s leading source of open‑weight models, with downloads on Hugging Face now outpacing those of U.S. providers. The surge follows DeepSeek’s breakthrough model, which sparked a wave of parameter‑only releases across the country. While...

By The Economist » Business
Strava’s Public Listing Will Help It Race Ahead of Competitors
News•Jan 22, 2026

Strava’s Public Listing Will Help It Race Ahead of Competitors

Strava has confidentially filed for a public listing and engaged investment banks to steer the IPO process. The move comes as the fitness‑app company seeks additional capital to broaden its coaching services and enhance product features. Management believes a public...

By The Economist » Business
Strava Files Confidentially for IPO
Deals•Jan 22, 2026

Strava Files Confidentially for IPO

Strava, the popular exercise tracking app, has filed confidentially for an initial public offering and hired investment bankers to guide the process. The filing, reported in January 2026, aims to raise capital to expand its coaching offerings and stay ahead...

The Economist » Business

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