Who? – is the most obvious question is when a brutal, communist dictatorship is able to attract tourists. Common sense suggests that you’d be hard pressed to find a vacationer willing to take a trip in North Korea, given the… Read More ›
Day: July 26, 2017
Awakening Finally From Long-Dormant Inflation Could Be Old Age, Says IMF
Long-sought inflation may be finally spurred by global policymakers if they just wait. Potentially spurring what many economists have said is the missing link: Wage growth, the post-World War II baby boom generation is getting ready to leave the workforce… Read More ›
Fintech companies powering Britain’s growth despite Brexit
Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
U.S. auto regulators set to relax emission standards for the U.S.
The move could further pad the pockets of big oil and big auto and end up hurting U.S. consumers. The U.S. Transportation Department has disclosed it may revise auto fuel efficiency standards from the 2021 model year. The move comes… Read More ›
Viacom bids $10.6 billion for Scripps Networks Interactive
While the all-cash deal could potentially downgrade Viacom’s investment grade rating, which is already at the lowest level, it can also act as a cost saving measure and give it more headroom during negotiations with cable and satellite providers. According… Read More ›
Apple ordered to pay $506 million for infringing on a patent held by the University of Wisconsin-Madison
This will be Apple’s second appeal in this case, with damages continuing to pile up. U.S. District Judge Judge William Conley has ordered Apple Inc to pay $506 million for infringing on a patent owned by the University of… Read More ›