The biggest car blunders

In the backdrop of Toyota’s huge goof-up, here are the biggest US car recalls in the recent past.

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China’s economy expected to grow to $123 trillion by 2040

In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000. China's per capita income will hit $85,000, more than double the forecast for the European Union.

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How Apple manages to innovate

Apple represents the “auteur model of innovation,” observes John Kao, a consultant to corporations and governments on innovation. In the auteur model, he says, there is a tight connection between the personality of the project leader and what is created.

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