Microsoft is abandoning its decade-old venture into brick-and-mortar retail stores. The software giant said it would close permanently its roughly 80 stores in the U.S. and internationally, taking a $450 million charge in the process. Microsoft opened its first store in 2009, several years after Apple had opened a hugely successful chain of stores selling its products. While Microsoft stores...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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