Bankruptcy is a legal process in a federal court that allows individuals and businesses to resolve debts while protecting their assets. It’s often viewed as a negative stigma, but the truth is it can be…
UncategorizedFebruary 18, 2025
An abrupt change at the top at Ford
THE abrupt departure of Ford’s boss, Mark Fields, which the firm announced on May 22nd, has two explanations. Investors had become restive at its performance, particularly in the past year. But Mr Fields was also…
Want to be a millionaire? Nowadays $1 million…
As a child growing up in the 1970s and 1980s, I thought a million bucks was a mythical amount of money. I clearly remember wondering if I would ever be a millionaire. Would I have…
Luxury market pins hopes on millennials as industry…
The global personal luxury goods market shrank by around one percent in 2016, marking the first year of negative growth for the industry since 2009, according to research released Monday by consultancy Bain & Company.Yet…
Betsy DeVos's loan overhaul would hurt doctors and…
Trump's budget: Spends on defense, slashes safety netsPediatricians. Doctors at veterans hospitals. Public defenders. Legal aid lawyers. They earn less than their colleagues in the private sector, but they can have just as much student…
In pictures: Donald Trump’s first trip abroad as…
On May 20, Donald Trump arrived in Saudi Arabia - the first destination on his tour overseas. The trip saw the U.S. president meet with King Salman, the Crown Prince, and the Deputy Crown Prince…
How Indian IT can compete with Google and…
By Mishi Choudhary and Eben MoglenThe world's major societies are now wrestling with the enormous social power wielded by the internet's “platform companies“.In Europe they speak of “GAFA“: Google, Apple, Facebook and Amazon.Twitter, Uber and…
San Francisco Fed's Williams: US economy doesn't need…
San Francisco Federal Reserve Bank President John C. Williams said on Monday in Singapore that the U.S. economy was performing well and didn't need a fiscal package to get on track."It's not like we need…
View: Don't count on innovation to overcome stagnation
by Satyajit DasInnovation, everybody hopes, will rescue the world from economic stagnation. I'm not so sure. The extent to which an innovation is significant depends on the degree to which it alters existing activity or…