President Donald Trump announced this week that the U.S. will withdraw from the Iran nuclear deal and reimpose the economic sanctions it had lifted under the pact.
With trade tensions escalating between the United States and China, fears are growing that American technology companies could be hit in the next round of tit for tat moves between the world's two biggest economies.
Decades ago, Bradley Jacobs studied math and piano (classical and jazz) at Bennington and Brown before dropping out to make money. Now the balding 61-year-old CEO of XPO Logistics invokes that background to explain how he's parlayed sequential roll-ups in the gritty businesses of garbage collection, heavy equipment rentals and delivering stuff into a $2.6bn net worth.
Ilir Sela likes to call himself "third-generation pizza." A 38-year-old Albanian immigrant, his extended family has owned so many pizzerias he has trouble counting them all. So when he launched a business, in 2010, to offer independent pizzerias the technology to compete with the likes of Domino's, Little Caesars, Papa John's and Pizza Hut, the first thing he did was to sign up his brother-in-law, his cousins and his friends.
Christine Lagarde has urged governments to steer clear of protectionism in all its forms, as she outlined her priorities for the global economy during a speech at Hong Kong University Wednesday.