When Chevron reported its highest quarterly profit in six years on July 31, 2026, it was just one detail in a larger picture: Analyst firm Wood Mackenzie estimates the global oil and gas industry is on course for a cash windfall of US$495 billion in 2026. That’s profit above and beyond what the industry expected...
For decades, the path into the American wine market was relatively predictable. A French or Italian winery found an importer. The importer found distribution. The distributor purchased inventory, put salespeople behind the brand and presented the wines to restaurants and retailers. The producer shipped the wine, supported the occasional market visit or tasting, and waited...
The next time you call an Uber ride or order food delivery with an app, there’s a good chance that the gig worker you meet is getting government benefits. In 2025, companies such as DoorDash, Lyft and Uber had the most workers receiving Supplemental Nutrition Assistance Program benefits among all major employers, according to a...
U.S. President Donald Trump has escalated his trade war with Canada, announcing 50 per cent tariffs on a range of Canadian goods, from wine and hockey sticks to cement and dairy products. The new rates will take effect in 30 days. The White House claims the increase, imposed under a rarely used provision of the...
Men and women achieve similar economic outcomes in negotiations, but female negotiators foster stronger interpersonal relationships, which lead in turn to greater satisfaction with the result and a greater desire to negotiate with that woman again in the future, according to new research co-authored by Cornell University. “So much of negotiation research has really focused on men’s advantages,” said Charlotte “Charlie” Townsend,...
Americans spend a remarkable amount of time shopping – more than on education, volunteering or even talking on the phone. But the way they shop is shifting dramatically, as major platforms and retailers are racing to automate commercial decision-making. Artificial intelligence agents can already search for products, recommend options and even complete purchases on a...
Thinking about certain types of alcohol can alter your mood and trigger certain mindsets, especially among young consumers. For instance, tequila calls up a party mindset, whiskey activates a masculine mindset, and wine primes a sophistication mindset. Those are the key takeaways of a new study my team and I published in the journal Young...
When Microsoft co-founder Paul Allen died on Oct. 15, 2018, he left behind an estimated US$26 billion that he wanted to largely leave to charity. Allen died at 65 of septic shock after a yearslong cancer battle. He’s back in the news because his estate is finally selling an asset that represents nearly a quarter...
Framing raises in dollars, not percentages, helps reduce gender gaps During the 60 years since pay discrimination became illegal in the United States, gender pay equity has remained stubbornly elusive. The gap between women and men increased in 2024, with women earning 80.9 cents for every dollar men make for the same work, according to the Institute for...
Would you pay more for a car just to skip the negotiation process? According to new research by David Hunsaker, clinical associate professor of management at the IU Kelley School of Business Indianapolis, many Americans would- and do. How common is this mindset? “Across five studies, we found that 95% of individuals choose not to...
