--- title: How Business Is Shaping the Future of the World description: From the vaccines that are saving lives globally to the withdrawal of Western companies from Russia, business has never had a greater impact. canonical: https://time.com/6161943/time-business-future/ author: Edward Felsenthal article:opinion: true article:content_tier: free article:published_time: 2022-03-30T10:30:39.000Z article:modified_time: 2026-02-24T14:04:01.687Z article:section: Ideas og:title: How Business Is Shaping Our Future og:description: From the vaccines that save lives to the withdrawal of companies from Russia, business has never had a greater impact og:url: https://time.com/6161943/time-business-future/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt310b061231ac2f12/698a3074e76ad20f1e639ea0/16x9_100.COMPANIES.GRID_.FINAL_.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: 16x9_100.COMPANIES.GRID_.FINAL_ og:type: article twitter:card: summary_large_image twitter:title: How Business Is Shaping Our Future twitter:description: From the vaccines that save lives to the withdrawal of companies from Russia, business has never had a greater impact twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt310b061231ac2f12/698a3074e76ad20f1e639ea0/16x9_100.COMPANIES.GRID_.FINAL_.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  # How Business Is Shaping Our Future  by [Edward Felsenthal](https://time.com/author/edward-felsenthal/)  ## Edward Felsenthal Felsenthal is the Executive Chairman and former Editor in Chief of TIME. Mar 30, 2022 10:30 AM UTC  HYBE: Photograph by Hong Jang Hyun for TIME; Kaling: Photograph by Chantal Anderson for TIME; Jassy: Photograph by Michael Friberg for TIME  by [Edward Felsenthal](https://time.com/author/edward-felsenthal/)  ## Edward Felsenthal Felsenthal is the Executive Chairman and former Editor in Chief of TIME. Mar 30, 2022 10:30 AM UTC One year ago, we launched [TIME Business](https://time.com/section/business/), a new franchise devoted to exploring the growing influence of business not only on our economic lives but also as a force shaping society and our collective future. Led by executive editor John Simons, we’ve chronicled everything from [the future of work](https://time.com/charter/) to how [American shoppers broke the supply chain](https://time.com/6112491/supply-chain-shopping/). We’ve brought you inside the C-suites with interviews of major figures in the business world through our weekly Leadership Brief, and [inside the rise of crypto](https://time.com/6158182/vitalik-buterin-ethereum-profile/) and NFTs through staff writer Andrew R. Chow’s [_Into the Metaverse_ newsletter](https://cloud.newsletters.time.com/signup?nln=metaverse&source=meta%5Fonsite). Along the way, business has grown from a very small portion of our coverage to about one-fifth of all the content we publish. That’s as it should be. From the vaccines that are pulling the world out of the worst depths of the pandemic to the unprecedented [withdrawal of Western companies](https://time.com/6154429/companies-withdrawing-from-russia-ukraine/) from Russia as a tool of war, business has never had a greater impact. And certainly not always for the good, as reflected in Billy Perrigo’s ongoing reporting on the all-too-frequent [prioritization of profits over people](https://time.com/6147458/facebook-africa-content-moderation-employee-treatment/) in the tech world. You can see all that on display in our [second annual TIME100 Companies list](https://time.com/collection/time100-companies-2022/), included in this issue and featuring the world’s most influential businesses. Some, like pharmaceutical upstart [Moderna](https://time.com/collection/time100-companies-2022/6159456/moderna-innovators) and space-junk removal firm [Astroscale](https://time.com/collection/time100-companies-2022/6159388/astroscale), are pushing the boundaries of technology in new and potentially world-changing ways. Moderna is developing new mRNA vaccines for a host of pathogens, while Astroscale is developing technology to safely deorbit satellites after their useful lives are over. _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._[ _Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies)_._ Others, like [United Airlines](https://time.com/collection/time100-companies-2022/6159475/united-airlines) and [Capital One](https://time.com/collection/time100-companies-2022/6159478/capital-one), took bold steps and dared their rivals to follow: United was the first major U.S. airline to issue an employee vaccine mandate, while Capital One recently became the first of its peers to eradicate overdraft and insufficient-fund fees, which so often punish those with the least ability to pay them. Disrupters like [Engine No. 1](https://time.com/collection/time100-companies-2022/6159495/engine-no-1) and [AMC](https://time.com/collection/time100-companies-2022/6159505/amc), meanwhile, are changing the rules. As Vivienne Walt reports in this issue, Engine No. 1 is quickly becoming the premier activist firm of the climate-capitalism movement, while AMC’s Adam Aron wrote the book—in real time—on how to respond to becoming a “[meme stock](https://time.com/6149431/meme-stock-investors-one-year-later/),” by courting younger, digitally savvy investors to keep the company afloat. Still others, like Alphabet and Ford, are titans whose sheer size and scope make them influential by nature. “Taken together, these 100 companies—and the executives who run them—represent the firms and leaders who are charting an essential path forward,” says senior editor Alex Fitzpatrick, who oversaw the list. As TIME’s business coverage continues throughout the year, these are the companies we’ll be watching most closely—and we suggest you do the same. ```json [{"@context":"https://schema.org","@type":"OpinionNewsArticle","@id":"https://time.com/6161943/time-business-future/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/6161943/time-business-future/"},"headline":"How Business Is Shaping Our Future","datePublished":"2022-03-30T10:30:39.000Z","dateModified":"2026-02-24T14:04:01.687Z","description":"From the vaccines that save lives to the withdrawal of companies from Russia, business has never had a greater impact","url":"https://time.com/6161943/time-business-future/","keywords":[],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt310b061231ac2f12/698a3074e76ad20f1e639ea0/16x9_100.COMPANIES.GRID_.FINAL_.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Edward Felsenthal","jobTitle":"Felsenthal is the Executive Chairman and former Editor in Chief of TIME.","url":"https://time.com/author/edward-felsenthal/"}],"articleSection":"Ideas","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt310b061231ac2f12/698a3074e76ad20f1e639ea0/16x9_100.COMPANIES.GRID_.FINAL_.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"16x9_100.COMPANIES.GRID_.FINAL_","caption":"","creditText":"HYBE: Photograph by Hong Jang Hyun for TIME; Kaling: Photograph by Chantal Anderson for TIME; Jassy: Photograph by Michael Friberg for TIME","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/ideas/","name":"Ideas"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/6161943/time-business-future/","name":"How Business Is Shaping Our Future"}}]}] ```