Cross Border
-
Fresh air, fresh profits: How Covid-19 kindled this campsite empire
As the lodging industry collapses amid the pandemic, entrepreneur Warren Meyer has found the only sure thing. His biggest obstacle: Government lawyers
-
How could the way out of coal be...more coal?
For generations, the Navajo relied on coal mining for good jobs and to fill the tribal coffers. But with the end in sight for unclean power, the tribe created a company to get them through the transition—yet, unbelievably, it bought them more mines. This surprise deal made them America's third-largest coal miners
-
Inside the $2.5 trillion debt binge that took titans from blue chips to near junk
Thanks to the Federal Reserve's low-rate religion, big S&P 500 companies such as Boeing and AT&T have spent the last decade gorging on debt, some recklessly. But instead of heading towards bankruptcy, they're now being propped up by the government
-
Billionaires: Larry Ellison's big data battle plan to fight Covid-19
The fifth-richest person in the world has been quietly turning an entire Hawaiian island into a wellness experiment. Now Oracle founder Larry Ellison has been drafted into the fight against the coronavirus, a critical test of whether data can indeed save us
-
The Anti We-Work: Why Mark Dixon's coworking company will survive Covid-19
WeWork looks like it might die of coronavirus, but its oldest and largest competitor, Switzerland-based IWG, is well-positioned to survive the outbreak—and thrive in its aftermath. That should be no surprise. After all, IWG's founder, Mark Dixon, has seen this movie before
-
World's Billionaires: Masayoshi Son's last laugh?
Between the WeWork debacle and the coronavirus, the markets have deemed his $100 billion Vision Fund largely worthless. But the world's most important investor over the past three years, SoftBank's Masayoshi Son, has other assets, a track record—and a plan
-
World's Billionaires: Zoom's Eric Yuan makes booming debut
Eric Yuan is helping millions of people survive social distancing by giving away his videoconferencing tool, Zoom, for free. The move is earning him much respect, and when the pandemic has passed, the billionaire's business will likely be stronger than ever. But in the midst of a global crisis, can his app withstand a 610 percent spike in traffic virtually overnight and the scrutiny of prime time?
-
Jeff Bezos to Mukesh Ambani: The Forbes World Billionaires 2020 list
The richest people on Earth are not immune to the coronavirus. Of the billionaires who remain, 51 percent are poorer than they were last year
-
Covid-19 vaccine: Pfizer's Moon Shot
Albert Bourla has boldly predicted his company might find and distribute a vaccine by this fall. The first look inside a $1 billion bet that could change the world
-
Training customer reps to be better humans
Normally, humans train artificial-intelligence systems to replace them. ASAPP's software goes the other way
-
Covid-19: How optimism raked returns for this Scottish money manager
Baillie Gifford didn't see the pandemic coming, but a positive attitude toward the overpriced momentum stocks in its $245 billion portfolio turned out to be perfect for life under lockdown