McKinsey now had another reason to back away from Big Tobacco. But the tobacco companies wanted to keep selling cigarettes, so McKinsey stayed to help them do just that. In […]
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Back to news homeThey Were Entitled to Free Care. Hospitals Hounded Them to Pay.
In 2018, senior executives at one of the country’s largest nonprofit hospital chains, Providence, were frustrated. They were spending hundreds of millions of dollars providing free health care to patients. […]
How Freelancing Is Changing Work
Hayden Brown grew up with parents who were out to change the world. Her mother worked on women’s empowerment issues, and her father helped develop a national park in the […]
Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker
Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns — a public-records search […]
Global Shortages During Coronavirus Reveal Failings of Just in Time Manufacturing
In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In […]
McKinsey Settles for $573 Million Over Role in Opioid Crisis
McKinsey & Company, the consultant to blue-chip corporations and governments around the world, has agreed to pay $573 million to settle investigations into its role in helping “turbocharge” opioid sales, […]
Looking to decarbonize the metal industry, Bill Gates-backed Boston Metal raises $50 million
Steel production accounts for roughly 8% of the emissions that contribute to global climate change. It is one of the industries that sits at the foundation of the modern economy […]