Golf

How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market

MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even thrived: the Permian Basin, straddling Texas and New Mexico. A combination of technical innovation, aggressive investing and copious layers of oil-rich shale have transformed the Permian, once […]

Golf

Tech Is Splitting the U.S. Work Force in Two

A small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. PHOENIX — It’s hard to miss the dogged technological ambition pervading this sprawling desert metropolis. There’s Intel’s $7 billion, seven-nanometer chip plant going up in Chandler. In Scottsdale, Axon, the maker of the Taser, […]