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The Latest Breaking News from Boston Consulting Group

US Luxury Automotive Market Set to Surpass $200 Billion by 2035, First Comprehensive Data-Backed BCG Study Finds

A new study by Boston Consulting Group (BCG) reveals that the U.S. luxury automotive market is on track for significant growth, with total value projected to reach $215 billion by 2035. The research highlights expanding opportunities for investors, automakers, and luxury lifestyle brands as demand accelerates across the high-end vehicle…

Motor1

Is America’s loss really Europe’s gain? Why the EU’s AI talent strategy needs a reality check

To remake itself into a tech talent magnet, Europe needs to build an academic ecosystem more closely integrated with its industries—a costly undertaking.

Fortune

UK parliamentary committee seeks answers over US firm BCG’s role in Gaza

Boston Consulting Group questioned over involvement in establishing the controversial Gaza Humanitarian Foundation.

Al Jazeera

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Married Kohl’s CEO affair with a Walmart exec was retail’s dirty little secret. When it was exposed, it upended retail

Kohl’s CEO Ashley Buchanan was let go after an investigation found he helped arrange a deal for the retailer to sell products from his affair partner’s business.

The Independent UK

Why 2025 May Be The Auto Industry's Most 'Consequential Year' Yet

Most people who just drive their cars every day or buy a new one every decade or so never see this, but the automotive industry works off a global rules-based order. Safety regulations tell the car companies what they can and cannot build; the same is true for emissions regulations.…

InsideEVs

How Samuel Adams’ founder built a $3 billion beer empire

Jim Koch is a sixth-generation brewmaster who quit a six-figure consulting job to launch a business.

Fortune

Why Car Companies May Lose $6,000 On Each EV Sold For $50,000

A new Boston Consulting Group report outlines the challenges automakers face as they scale up EV production.

InsideEVs

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Understanding the ethical and business imperatives of generative AI

Larger societal challenges are emerging as employers continue to increasingly incorporate AI in the workplace.

Fortune

Boston Consulting Group accused in Senate inquiry of securing contract extension through ‘cosy relations’ with officials

BCG relied on ‘verbal agreements’ with senior bureaucrats to secure extra $880,000, according to emails attached to a submission to Senate inquiry

The Guardian - AU

A one-size-fits-all hybrid work policy is bad for business

Employees don’t like blanket edicts from the top, according to a new report from Boston Consulting Group.

Fortune

Commentary: Downtown LA’s ‘zombies’: How to fight a post-COVID plague of undead office buildings

The pandemic-driven shift to remote and hybrid work has decreased demand for office space and will steadily lower its value. That has huge implications not just for building owners but also for cities that rely on property tax revenue and the economic vibrancy that office workers generate.

Los Angeles Times

CEOs are still bullish on decarbonization in wake of Inflation Reduction Act

Within the next two decades, an estimated 90% of U.S. businesses will face a physical risk to their business.

Fortune

$Why global companies must embrace 'fractal innovation'$

Why global companies must embrace 'fractal innovation'

Designing products to meet fast-changing local needs will be the difference between winning and losing in today's fragmenting markets.

Fortune

The 50 best UK companies to work for in 2023

Employment website Glassdoor has put together its list of the top businesses in the country to work for this year

Birmingham Post

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Daily Mirror

Full list of 50 best workplaces in the UK - see if your company made the cut

The annual Glassdoor Best Places to Work list has been released and consultants Bain & Company have come out top with a rating of 4.7 out of 5 - see if your company ranks

Fortune

Why great managers are the best answer to the labor shortage, according to BCG

What makes a good manager? New research from BCG decodes the DNA of great people managers.

Asharq Al-Awsat

Saudi Arabia Aims to Attract Huge Investments in Virtual World

Saudi Arabia is seeking to attract substantial global investments in advanced technologies, especially in NEOM. A recent study indicated that the metaverse was the next generation of the internet, potentially heralding a new virtual, interconnected reality seamlessly woven into the world. The paper, "Creating a New Reality: The Metaverse in…

Tribune News Service

PulteGroup fires incoming COO after Bill Pulte lawsuit claims Twitter harassment

PulteGroup Inc. has fired its incoming chief operating officer after the grandson of the company's founder sued the executive this week, alleging he harassed him on Twitter.

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Benzinga

As M&A Activity Slows, ESG Deals Buck The Trend With Plug And ChargePoint Commanding Huge Premiums

Due to the difficult macroeconomic headwinds, the merger and acquisition (M&A) sector has cooled down compared to 2021.

Asharq Al-Awsat

Global AI Market Likely to Hit $15 Trillion by 2030

Speakers at the “Investing In AI: From Startups and Venture Funds to Corporate Innovation” panel that was held today as part of the 2nd Global AI Summit stressed that the volume of the AI market is estimated at $65 billion in 2020, expecting the figure to reach $15 trillion by…

Tribune News Service

Commentary: Put your money where your mouth is: How investing in vegan food can save the world

Investments in meat made from plants have a more profound impact on the reduction of greenhouse gas emissions than other green initiatives, according to a recent report from the Boston Consulting Group. The report found that investing in the production of vegan meat and dairy reduces greenhouse gas emissions three…

Chicago Sun-Times

Boston Consulting Group signs big Fulton Market lease

The deal for 250,000 square feet certifies Fulton Market’s emergence as a prime destination for corporations.

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 24

CNBC

Benzinga

Boston Consulting Group Slaps Lawsuit On GameStop Over Outstanding Fees: FT

Boston Consulting Group has prosecuted GameStop Corp (NYSE:GME) over outstanding bills worth $30 million, the Financial Times reports. BCG began working with GameStop in 2019 towards a corporate transformation. GameStop share prices plummeted from a previous high of $55 to $3.32 by August 2019. However, GameStop allegedly failed to take the actions to…

Benzinga

GameStop Sued By BCG For Not Paying $30M In Fees, Says It Will Fight Lawsuit

GameStop Corp. (NYSE: GME) has been sued by Boston Consulting Group for not paying about $30 million in consulting fees, Bloomberg

People

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