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Jet Air crisis and collapse of the Indian capitalism

The grounding of Jet Airways India Ltd., the country’s oldest private-sector carrier, isn’t just bad news for customers and its 23,000 employees. It raises yet again a question that’s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What’s killing capitalism in India? Jet was born in the early 1990s, when ...

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Deutsche goes back to a cold, dark place

Deutsche Bank AG’s decision to abandon an attempted takeover of Commerzbank AG makes sense, but it still leaves both sides scrambling for alternative solutions to the same problem of pathetic returns. After weeks of deliberations, the German behemoth concluded the benefits would not have offset the “additional execution risks, restructuring costs and capital requirements.” The rationale is hardly a surprise. ...

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Facebook proves adept at beating lower expectations

This shouldn’t be a surprising quality in one of the world’s most valuable companies, but it’s worth saying: Facebook Inc. is savvy. This company has a list of problems longer than a drugstore receipt. It’s a creepy data hoarder. It has botched efforts around the globe to stem violence or other abuses on its internet hangouts, and it was an ...

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