Yearly Archives: 2013
  • Where did the Tennessee Valley Authority come from? (Fortune, 1933)

    The TVA is after a decentralization of industry, a well-wrought and well-controlled balance between the Jeffersonian dream of an agrarian democracy and the best characteristics of what so many people like to call the Power Age.

    Apr 14, 2013 9:00 AM ET
  • Experts for Ecuadorian plaintiffs suing Chevron disavow all their scientific findings in the case

    New turn in $19-billion litigation.

    By Roger Parloff, senior editor

    FORTUNE -- In filings Friday morning in federal court in Manhattan, Chevron has submitted statements from the top two scientific experts for the Ecuadorian plaintiffs suing the company for alleged oil contamination, disavowing essentially all of their previous findings and conclusions in the case -- findings that formed the purported basis for a $19 billion judgment handed down by an Ecuadorian MORE

    Apr 12, 2013 12:01 PM ET
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  • BMW gives a glimpse of its future

    Its new X4 SUV is intended to appeal globally, and it will be built in America.

    By Doron Levin, contributor

    FORTUNE -- BMW's Munich, Germany-based design center has conjured yet another variation of the Ultimate Driving Machine, this time an SUV that will be called the X4.

    Underscoring the X4's global potential, BMW will introduce its latest "sports activity coupe" at the Shanghai Auto Show, set to open the week of April 21. MORE

    Apr 10, 2013 10:40 AM ET
  • J.C. Penney's revolution comes to a bloody end

    J.C. Penney ousted its embattled CEO Ron Johnson and replaced him with someone investors are all too familiar with: former JCP CEO Myron Ullman.

    By Jennifer Reingold, senior editor

    FORTUNE --  J.C. Penney's year of living dangerously is over. Once known for its middle-America, mainstream clothes and furnishings, the $13 billion retailer became a virtual petri dish for one of the fastest, most radical reorganizations the business world has ever seen.

    Now, the MORE

    Apr 8, 2013 6:18 PM ET
  • Why China is doubling down on nuclear power

    Andrew Brandler, the CEO of CLP Group, Hong Kong's biggest utility, talks about how Asia plans to balance its soaring energy demands with the planet's need to wean itself from fossil fuels.

    By David Whitford, editor-at-large

    FORTUNE -- China Light and Power's roots are more than a hundred years deep in Hong Kong. It's still the city's largest utility. But today what's known as the CLP Group operates across Asia -- on the mainland MORE

    Apr 8, 2013 10:58 AM ET
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