Rishi Thakur

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How IKEA creator Ingvar Kamprad built the world's largest furniture retailer — and a $39 billion fortune

With a net worth of $39.3 billion, the retailer ranks as the 10th richest person on earth and the second-richest in Europe, according to new data from Wealth-X.<p>The 89-year-old grew his flatpacking-furniture brand by maintaining a personal and professional ethos of innovation and simplicity.<p>From …

The Business Books Every Technology Leader Should Have In The Office

From developer codes of conduct to books about workflow and lean startup principles, having insightful reading on hand is key to ensuring your department is on top of its game.<p>While it’s tempting to bury yourself in the latest technology news online instead, the following reading list — recommended …

Entrepreneurship

Chevron guts budget as job cuts, project delays follow oil slump

Chevron Corp. slashed its drilling budget by the most in 12 years, suspended share buybacks and laid off workers as energy producers around the world curtail ambitions to cope with free-falling oil prices.<p>Chevron lowered its 2015 capital-spending target by 13 per cent to $35-billion (U.S.) and …

IEA Slashes 2015 Forecast Increase in Non-OPEC Oil Supply

Price Recovery May Not Be Imminent But Signs Are Mounting That Tide Will Turn, Agency Says<p>By<p>Sarah Kent<p>Sarah Kent<p>The Wall Street Journal<p>Biography<p>@SarahKentWSJ<p>Google+<p>sarah.kent@wsj.com<p>LONDON—The collapse in oil prices is expected to slash growth in non-OPEC oil production this year, bolstering demand …

Oil

Oil Boss Says More Job Cuts Ahead

Industry Still Reacting to Crude Prices That Are Half of 2014’s Peak<p>Energy companies aren’t finished shedding jobs due to crude oil prices that are half what they were about six months ago, the world’s biggest oil-field-services provider warned soon after disclosing 9,000 job cuts.<p>Paal Kibsgaard, …

Employment

Immigration and Islam: Europe’s Crisis of Faith

France and the rest of Western Europe have never honestly confronted the issues raised by Muslim immigration<p>The terrorist assault on the French satirical magazine Charlie Hebdo on Jan. 7 may have been organized by al Qaeda’s affiliate in Yemen. But the attack, along with another at a Paris kosher …

Al-Qaeda

Climate Change Report Warns of Economic Tidal Wave in U.S.

Rising seas and extreme weather could lead to billions of dollars in economic losses, according to a new climate change report that strives to …