Monthly Archives: November 2013
  • Bentley not backing down from luxury SUV

    A new generation of wealthy consumers sees nothing déclassé about SUVs. Bentley has been among the last luxury holdouts, and that will end in 2016.

    Nov 26, 2013 3:42 PM ET
  • Japan Inc.'s greatest threat? Typhoons.

    Because of its location and its reliance on imports, Japan's economy is more vulnerable to the disruptive effects of natural disasters than other developed states.

    Nov 26, 2013 10:58 AM ET
  • Chevron alleges still another fraud by Ecuadorians

    In a trial full of twists and turns, the oil giant alleges that the Republic of Ecuador may have been involved in a cover-up.

    FORTUNE -- On the last day of trial testimony in Chevron's racketeering suit against the environmental lawyers who won an $9.5 billion judgement against it in Lago Agrio, Ecuador in 2011 -- a trial that had already featured allegations of bribery, extortion, and fraud -- the oil MORE

    - Nov 26, 2013 8:02 AM ET
  • Is brick-and-mortar retail in a death spiral?

    Management turnover at Wal-Mart! Missed earnings at Target! Thanksgiving shopping! Is this any way for an industry to behave going into the holidays?

    By Jennifer Reingold, senior editor

    FORTUNE -- Way back in 2012, there was an active -- and vocal -- debate over whether or not it was appropriate to open retail stores on Thanksgiving. This year, it's a moot point: Target (TGT), Wal-Mart (WMT), Best Buy (BBY), and Macy's MORE

    Nov 26, 2013 8:00 AM ET
  • Say hello to the first (and second) crowdsourced credit card

    In a radical experiment, Barclays is allowing customers to have input on everything from their card's look to its interest rate to the late-fee policy. And they get a cut of the profits, too.

    By Catherine Dunn

    FORTUNE -- Until last year, Jared Young was a rather anonymous credit card executive in the Wilmington, Del., office of Britain's Barclays (BCS) bank. But that was before he developed his alter ego. Today, MORE

    Nov 25, 2013 11:49 AM ET
  • Apple pie meets the machine (Fortune, 1930)

    Editor's note: Every Sunday Fortune publishes a favorite story from its magazine archives. With Thanksgiving just a few days away, pie season is in full swing. To celebrate, this week we turn to a March 1930 story about what was then the newly automated production of the apple pie—a treat that was the "staple" of the time and represented a $25 million industry.

    The production of our time's staple

    ON a buttress of white tile MORE

    - Nov 24, 2013 9:00 AM ET
  • What does Ambassador Locke's resignation say about pollution in China?

    How the smog over Beijing is dampening China's appeal to Westerners.

    By Scott Cendrowski, writer

    FORTUNE -- As Beijing creeps closer to the notoriously noxious winter season for air pollution, Westerners here are tracking executives' moves from the city and asking whether pollution is the culprit. U.S. Ambassador to China Gary Locke's surprise resignation from his post in Beijing is the latest fodder.

    The official line is that Locke is returning to MORE

    Nov 22, 2013 12:20 PM ET
  • Big business and the art of lying

    A provocative new book argues that prevarication is poisoning our society. And as J.P. Morgan's recent $13 billion settlement shows, a less-than-transparent approach can end up being costly.

    By David Whitford, editor-at-large

    FORTUNE -- On the day that J.P. Morgan Chase (JPM) announced it had agreed to a record $13 billion settlement with the U.S. Justice Department, the bank held an afternoon conference call with analysts.

    You can listen to the whole MORE

    Nov 22, 2013 10:24 AM ET
  • The Southwest Airlines of the gym business

    With its low prices and just-the-basics approach, Planet Fitness is muscling out the competition and growing fast.

    By Beth Kowitt, writer

    FORTUNE -- Sometimes the fastest path to growth is to keep it simple.

    Case in point: Planet Fitness, the fastest-growing "full-size" health club chain in the U.S., which opened its 700th location last week. For just $10 per month, its members get a no-frills experience that CEO Chris Rondeau says makes his company the MORE

    Nov 21, 2013 9:21 AM ET
  • Tobacco trade around the world

    The U.S. imports far more tobacco than it exports and leads the world in the manufacture and distribution of cigarettes. Where does the leaf go?

    By Nicolas Rapp and Ryan Bradley

    FORTUNE -- Each year about 2 million people collect, dry, and package tobacco -- some 8 million tons, grown on 16,275 square miles of land -- to make 5 trillion cigarettes. Tobacco is no longer the largest cash crop MORE

    Nov 21, 2013 7:28 AM ET
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