Opinion

Car dealership laws aren’t fit for electric age

  Car dealerships are, in essence, giant lots staffed by folks trained in the art of emptying those lots as quickly as possible and repeating the process ad infinitum. But 2021 was a strange year for all of us, dealers included. Their lots emptied … and then quite often stayed empty as supply-chain snafus idled auto factories. Figures indicate sales ...

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The West needs to think beyond Vladimir Putin

  The riots in Kazakhstan that brought down its government on January 5 are just the latest sign of tension under the muddy ice crust into which the core post-Soviet authoritarian regimes have congealed — the same crust that broke in Ukraine in 2014, cracked but held in Belarus in 2020 and grew so thick in Russia last year that ...

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Finance hubs are becoming obsolete

  Stand on the steps of The Royal Exchange in the heart of the City of London and you can picture the churn of people 200 years ago or more in what was becoming the world’s preeminent financial hub. Stock jobbers, traders and financiers would stream between its great limestone columns with the Bank of England to one side and ...

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Three steps to yield financial happiness

The New Year could bring a new you. Despite what the poets say, money, or at least financial security, can be one of the most important steps toward happiness. On the other hand, money mismanagement and debt can result in financial anxiety, which can cloud decision making and lead to a bad cycle. There are three basic moves those who ...

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Apple’s $3trn valuation should unnerve investors

  Apple Inc became the first publicly traded company valued at $3 trillion, touching the historic milestone briefly after a weeks-long rally in its stock price. Yet for investors looking for a surefire bet as 2022 gets under way, the sudden surge ought to give them pause. The climb has been striking. Since mid-November, as major stock indexes have stayed ...

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Ambani’s succession plan needs three superstars

  Asia’s richest man has promised to accelerate what he claims will be a “momentous leadership transition” to the next generation. Just how Mukesh Ambani will carve up his $217 billion empire is still under wraps, but one thing is clear: The eagerly anticipated corporate succession will be underpinned by the emergence of at least three superstar businesses, each of ...

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Shoplifting is scaring the retailers

Wall Street is desperately trying to figure out where consumer demand is going. Alongside sentiment and sales, there’s another indicator worth watching: shoplifting. This metric is rarely talked about. It’s uncomfortable for retail executives to acknowledge that their customers, or worse still, their employees, are stealing from them. But theft has long been a bugbear for retailers, and it’s now ...

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Why ‘remain in Mexico’ policy is worth preserving

  Less than a year after canceling former President Donald Trump’s “remain in Mexico” policy towards migrants attempting to enter the US, the Biden administration has started enforcing it again — all too reluctantly. Restoring the policy is a necessary step towards gaining control over the crisis at the country’s southern border. The administration should work with Mexico to make ...

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January 6 rioters don’t face a double standard

  On the anniversary of the January 6, 2021 storming of the US Capitol by supporters of former President Donald Trump, we still scarcely able to believe that such an event occurred. But the lawyer in us is pleased to see the criminal justice process moving forward. According to Politico’s tracker, the 700-odd arrests of accused rioters have resulted so ...

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The second drone age is here and it’s a free-for-all

  The pandemic has already given the future a distinctly dystopian look. And then there’s this: the burgeoning of the “second drone age.” That’s how experts are describing the international drone market — which ranges from tiny startups selling $1,000-to-$2,000 off-the-shelf technology that can be easily weaponised by terrorist groups, to high-tech unmanned vehicles that can carry laser-guided munitions and ...

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