Recent Posts

Tests are not the only stress on Wall Street

Wall Street is booming. Mergers and acquisitions are happening at a record pace this year. Initial public offerings are making a comeback. Volatility — the lifeblood of any good trader — is creeping back into markets. New York State Comptroller Thomas DiNapoli said in March that Wall Street’s average bonus jumped 17 percent in 2017 to $184,220, the highest since ...

Read More »

Is KKR building what phone giants couldn’t?

As our appetite for data booms, private equity firms are betting on the cell towers and cable infrastructure to support it. The prize looks to be in creating the pan-European giant that has so far eluded the region’s telecoms industry. For years, Europe’s carriers have struggled to consolidate across the continent in the same way as their US counterparts. But ...

Read More »

Robots will make life grim for the working class

Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do. Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, ...

Read More »
Send this to a friend