Recent Posts

Rising oil prices cheer shale producers, dissuade investors

  Bloomberg The oil market just hit a yellow light. Crude’s advance of more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling rigs, threatening to slow further gains. “The $50-to-$60 a barrel area is the sweet spot,” said Mark Watkins, the Park City, Utah-based regional investment manager for ...

Read More »

Silicon Valley’s audacious plan to create a new stock exchange

  Bloomberg Five years ago, when Eric Ries was working on the book that would become his best-selling entrepreneurship manifesto “The Lean Startup,” he floated a provocative idea in the epilogue: Someone should build a new, “long-term” stock exchange. Its reforms, he wrote, would amend the frantic quarterly cycle to encourage investors and companies to make better decisions for the ...

Read More »

Apple must vow India plants before stores get nod

  New Delhi / Bloomberg India is seeking a commitment from Apple Inc. to bring manufacturing facilities to the country before the government will approve the iPhone maker’s request to open its own retail stores, according to a senior government official with direct knowledge of the matter. The government may loosen existing policies that require local sourcing for companies that ...

Read More »
Send this to a friend