A week. That is how close Will Ahmed’s company came to filing for bankruptcy in 2018, roughly six years after he started building it as a 22-year-old Harvard senior with no prior company, no full-time work experience, and no formal training in hardware engineering, computer science, or medicine — the three disciplines his business sat […]
On the day Xerox announced Anne Mulcahy as its new chief executive in 2001, the company’s stock dropped 15% within hours. “That was a real confidence builder,” Mulcahy later joked about the moment, with the kind of self-deprecating humor that would come to define her public persona throughout one of the most studied corporate turnarounds […]
A few hundred feet from a McDonald’s and a budget clothing store, sandwiched between two busy and polluted roads in West London, an unusual group of city residents has been quietly transforming a forgotten patch of land into a lush, thriving wetland. They have no construction permits, no engineering degrees, and no payroll. They are, […]
The Federal Reserve enters a new chapter this year under incoming chairman Kevin Warsh, but the institution’s core challenge has not changed: it must continually balance its dual mandate of supporting employment against controlling inflation, often pulling in opposite policy directions at the same time. Right now, those two halves of the mandate are sending […]