Diego Segura

The good news for Arnault is that he’s raised a highly accomplished group of five children—all of whom are in the business and doing well, by many accounts—from which to choose a successor. There is Delphine , his only daughter, who is 48, a member of the LVMH board and executive committee and the C.E.O. of Christian Dior Couture. Her brother,... See more

when China joined the World Trade Organization, in December 2001, its per capita G.D.P. was around $300 a year. “That’s like going to a good Nantucket restaurant for dinner,” he said. “That was the entire income of the average Chinese person.”

This is where so-called limits insurers come in, offering coverage to firms with annual revenues of $1 million to $20 million.

Euler Hermes, a limits underwriter, recently introduced a plan called Simplicity, aimed at helping businesses with $1 million to $5 million in sales. Another insurer, Coface, offers the International Policy, an industry... See more

Since Toyota’s battery design uses sulfide solid electrolytes, and refiners are constantly looking for applications that can soak up the sulfur they remove from oil, it makes chemical sense that Idemitsu has been researching the technology for so long.

The authors of The Federalist intended to influence the voters to ratify the Constitution. In Federalist No. 1, they explicitly set that debate in broad political terms:

It has been frequently remarked, that it seems to have been reserved to the people of this country, by their conduct and example, to decide the important question, whether societies

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For Tapestry, the most important customer has been the investor, and in that way, it’s not a bad business

It’s hard to exaggerate the importance of the Permian, which accounted for 74% of incremental oil production worldwide between 2015 and 2022. If that gusher is subsiding, the world will need to find new sources of oil, including offshore.

One thing that could help us close that remaining gap is a carbon tax—something universal, fair, and relatively simple. Paired with positive incentives for renewables, a price on carbon creates a negative incentive to generate emissions. I recently tuned in to a training session from Citizens’ Climate Lobby, which made a strong case not just for... See more