For all his bluster about trade wars, President Trump seems willing to push China only so far: Witness the deal last week to grant Chinese telecom giant ZTE a reprieve from harsh American penalties. The reason is likely to lead straight to Iowa soybean and corn farmers like Benjamin Schmidt.
How big is the “gig economy”? Last week, the Bureau of Labor Statistics gave the first official reading of how many Americans rely on temporary work, freelancing, and on-demand apps to make ends meet. And the answer is: a lot.
It’s the 1990s, the dawn of the Internet age — and you, like everyone you know, has a genius of a dotcom idea. Somehow, you get in to see one of the hottest venture capitalists in Silicon Valley. Your pitch, fired up and ready: You’re going to sell books over the Internet. (The VC yawns.)
Behind the daily skirmishes over tariffs, the U.S. and China are gearing up for a longer-term battle between two very different systems of innovation. To win, America may need to start using some of its rival’s weapons.
President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5bn in large installation projects, along with thousands of jobs, the developers told Reuters.
Amazon.com Inc. plans to expand its U.K. workforce by 10 percent this year, despite continued uncertainty over what Brexit will mean for the British economy.
Once upon a time, a tiny creature was exposed to extraordinary forces, grew rapidly and exponentially until it became an enormous beast, smashing stores and office buildings and sending Tokyo into terror. Back in 1954, the beast was Godzilla. In 2018, we call it Amazon.