Aerospace Defense
Mispriced concrete imperils America's deterrent
A new missile is years late because planners forgot the cost of digging holes and laying cable.
Fashion Luxury
America's tariff whiplash makes planning futile
A Supreme Court victory against tariffs backfired, proving political impulse now trumps legal preced...
Media Entertainment
Hollywood fights the AI it funds
Studios sue AI developers for theft while investing billions to harness the same technology for prof...
Aerospace Defense
America's Navy hires a manager for its managers
A deal to save a Wisconsin shipyard outsources the Navy's core job: building warships.
Deterrence is replacing prevention
Threats from Iran and North Korea force a costly shift from prevention to deterrence.
For the Baltics, concrete is cheaper than ambiguity
New border defences are designed to force a political choice, not just to halt an army.
Europe’s next fighter jet is winning by default
Franco-German squabbling over a new fighter is handing air superiority to a British-led rival.
Fashion Luxury
Primark’s cheap clothes cost too much
The fast-fashion giant’s reliance on physical stores has turned its greatest asset into an expensive liability.
Fashion now buys what it cannot build
Mergers are now about survival, not expansion, sidelining the visionaries who built the brands.
Luxury now grows at its extremes
A cooling market is forcing firms to court the super-rich and the merely aspiring simultaneously.
Beauty's new science is a price defence
Slowing growth is forcing cosmetic giants to justify luxury price tags with clinical data.
Media Entertainment
Paramount Skydance buys loyalty, not libraries
The new media giant is paying to keep its proven storytellers close, a defensive move in an age of consolidation.
China's hits make Imax's earnings jumpy
A 47% revenue plunge points not to waning appeal, but to a film slate missing a true giant.