Business

In March 2012, Goldman VP Greg Smith quit in a New York Times op-ed, calling clients 'muppets.' Inside the resignation letter that shook Wall Street.

March 14, 2012 · 1 min read

In March 2012 India granted its first compulsory drug license: Natco Pharma could make a generic version of Bayer's cancer drug Nexavar at a fraction of the

March 13, 2012 · 2 min read

Apple's 2012 third-generation iPad brought the Retina display, A5X chip, and 4G LTE. The specs that made the iPad 2's screen look soft overnight.

March 8, 2012 · 1 min read

A Michigan man sued AMC over its no-outside-food policy and $8 popcorn. The lawsuit failed — but it exposed the strange economics of the movie business.

March 5, 2012 · 1 min read

China's 'Interviews Before Execution' put death-row prisoners on prime-time TV for 40 million viewers. The show, its host Ding Yu, and why it vanished.

March 4, 2012 · 1 min read

Prem Ganapathy reached Mumbai in 1990 with Rs 200 and was robbed on arrival. By 1992 he was selling dosas from a handcart near Vashi station; that cart

February 22, 2012 · 2 min read

On February 2, 2012, the Supreme Court cancelled all 122 2G licenses granted in 2008 as wholly arbitrary and unconstitutional, shaking India's telecom sector.

February 11, 2012 · 2 min read

Forbes called reclusive 5-Hour Energy founder Manoj Bhargava the wealthiest Indian in America in 2012 — worth $1.5 billion, though almost nobody knew his name.

February 11, 2012 · 1 min read

India told Britain to keep its aid money: the Finance Ministry announced no further DFID funding beyond a transition period, a marker of a changed self-image.

February 4, 2012 · 1 min read

Jeff Bezos's 2010 Princeton speech, 'We Are What We Choose': the story of his grandmother, the line 'it's harder to be kind than clever,' and why choices,

January 14, 2012 · 2 min read

How the hydrogen bomb works — fission-triggered fusion, the 1961 Tsar Bomba test at 50 megatons, and the paradox of mutually assured destruction.

January 8, 2012 · 1 min read

In 2010, a harassment complaint from contractor Jodie Fisher ended Mark Hurd's run as HP CEO. What the investigation found — and didn't — and why the letter

January 7, 2012 · 1 min read

From Cheney's famous quip to Modern Monetary Theory: the serious economic case for deficit tolerance, the hawkish counter-case, and what Japan teaches us.

January 3, 2012 · 1 min read

Drunk shopping is real: alcohol plus one-click checkout is a recipe for regret. The behavioral economics of wine-fueled impulse buys — and how to stop.

January 3, 2012 · 1 min read

When white leaders succeed, it's competence. When black leaders succeed, it's luck. On the racial attribution bias in sports commentary, business coverage —

January 3, 2012 · 1 min read

From bottled water to extended warranties: twelve everyday purchases where the marketing outruns the value — and what to do instead.

January 3, 2012 · 2 min read

Michael Burry, the one-eyed doctor-turned-hedge-fund manager, read subprime prospectuses nobody else opened — and saw the 2008 crisis coming years early.

December 12, 2011 · 2 min read

On April 13, 2011, the EU fined P&G €211.2M and Unilever €104M for a detergent cartel — Henkel blew the whistle and walked free; Colgate was never in the case.

December 9, 2011 · 1 min read

In December 2011, Facebook made its first-ever hire from IIT-Delhi — 21-year-old Ankur Dahiya, at a Rs 65 lakh package. The story behind the headline offer.

December 6, 2011 · 1 min read

From The India Way to Indra Nooyi: what the 2010 debate about Indian leadership got right — and how the decade that followed confirmed it.

December 6, 2011 · 2 min read