How broadcast rights became the most valuable asset in professional sport
Live sport is one of the few things audiences still watch together and in real time. That makes the rights to show it unusually prized, and unusually hard to price.
Business
Corporate strategy, industries, leadership and entrepreneurship.
The hard engineering behind grid-scale energy storage
Wind and solar power are only as useful as the grid's ability to store and move them. That is where the energy transition's most complicated work now lies.
How companies are redrawing their supply chains
Efficiency once trumped everything. Now businesses are paying for resilience — and discovering how hard it is to buy.
How translated fiction finds its readers
A novel's journey into another language depends on a small chain of enthusiasts: scouts, translators, editors and booksellers willing to take a chance.
Adapting cities to extreme heat
The economics of subscribing to everything
Inside the slow, careful world of fact-checking
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Video
Video: how companies map their supply chains
Tracing every supplier behind a product is harder than it sounds. A visual guide to the process.
Explainer
How carbon markets work, and what determines whether they cut emissions
Putting a price on pollution lets markets find the cheapest ways to reduce it. The design details — caps, allowances, offsets and exemptions — decide whether the theory holds.
Analysis
How museums decide what to put on the wall — and what stays in storage
Most of a large museum's collection is never on display. Curators make constant choices about what to show, how to frame it and whose stories it tells.
Explainer
How to read a company's cash-flow statement — the account that is hardest to dress up
Profits are an accounting opinion; cash is a fact. The cash-flow statement shows where money really came from and where it went.
