Business
Breakout
Donald Trump’s victory has boosted shares in private-prison companies
A hard line means hard cash
Indian business
Gautam Adani faces bribery charges in America
Prosecutors allege one of India’s richest men paid off local officials
All’s well that’s Blackwell
Nvidia’s boss dismisses fears that AI has hit a wall
But it’s “urgent” to get to the next level, Jensen Huang tells The Economist
Schumpeter
Does Dallas offer a vision of Trumpian America?
The Texan city embodies the allure of small government
Death by LLM
What ChatGPT’s corporate victims have in common
The first casualties of generative AI offer lessons for other businesses
Flying low
Spirit’s woes reveal the dismal state of America’s budget airlines
Its bankruptcy shows how strained the low-cost model has become
A corporate identity crisis
How Chinese is Shein?
For the fast-fashion giant, nationality has become a vexed question
Trainer wars
Nike and Adidas are losing their lead in running shoes
On, Hoka and other challengers are catching up fast
A sticky situation
Is America’s last big industrial conglomerate about to break up?
Elliott Management wants to split Honeywell in two
Levy breaks
America Inc is hoping for a tax bonanza. It may be disappointed
Donald Trump’s promise of big tax cuts may not materialise
Semiconductors
TSMC walks a geopolitical tightrope
Taiwan’s giant chipmaker must balance demands from America, China and home