Features

As he'd done so many times in his investing career, Chuck Royce saw something of value, which wasn’t being properly recognized by others. Only this time it was a hotel.

In 2017, the struggling megachain spooked Wall Street and earned mockery in the retail world by committing billions to revamping its stores. Today, more-inviting shopping floors and smoother e-commerce have turned Target into a winner again.

Global carmakers like Volkswagen are betting that electric vehicles are the future. But to win in the world’s largest EV market, they will have to battle a host of fierce new Chinese competitors. Oh, and Tesla.

As a conference-circuit regular and former McKinsey consultant, writer Anand Giridharadas has seen firsthand business leaders' efforts to solve social problems. Here’s why he’s come to see those efforts as more self-serving than world-changing.

For more than two decades, the influential Business Roundtable has explicitly put shareholders first. In an atmosphere of widening economic inequality and deepening distrust of business, the powerful group has redefined its mission.