Demand for an inferior good drops when incomes rise and people prefer to buy more expensive, substitute items. The term refers to affordability, not quality.

A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project. Each of the parties remains an independent entity.

Insights from data and ML algorithms can be invaluable, but be warned — mistakes can be irreversible. These recent high-profile AI blunders illustrate the damage done when things don’t go ...