In two small Swiss towns, watchmakers are trying to strike a balance as delicate as the mechanisms in their precision-engineered watches – squeezing suppliers to cope with an industry crisis while preserving the skills that drove past successes. La Chaux-de-Fonds, home to just 39,000 people, and even smaller neighbor Le ... Read More »

Commercial real estate had a banner year in 2015, and the fundamentals of high demand and low vacancies are still driving rents higher. There is, however, a catch that could cool the market quickly, at least when it comes to financing. Investors are insisting on high yield, and the bonds ... Read More »