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Some analysts compared Toyota's decision to suspend sales of several popular models to Johnson & Johnson's 1982 decision to sweep packages of Tylenol off shelves after some were found to have been criminally tainted with poison after being shipped to stores. Tylenol's market share plunged from 35% to...
It seems to be working. When well known Indian business scion Nandan Nilekani's first book hit the shelves this year, Penguin sold over 60,000 hardbacks - a total that raised expectations for best-sellers in the country. A decade ago, the company wouldn't have dreamed of printing more...
Some French wine makers are already enjoying success under the new system. The wine maker Chamarré, whose motto is "Made in France, Enjoyed Everywhere," only produced its first batch five years ago but today exports to some 30 countries. It has done well by abandoning the notion of terroir...
There's no chance China's gambit will deter the U.S. from backing Taiwan's ability to defend itself. But the test does signal a ratcheting up of tensions between Beijing and Washington, and highlights the continuing paradox of a strategic rivalry between two of the globe's biggest trading...
That year, the Russian army revoked shops' liquor licenses and confiscated over 140 million gal. (530 million L) of vodka. (Unsure what to do with the oversupply, the government gave the vodka to scientists, who used it in experiments - one of which led to a new kind of synthetic rubber...