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FB’s new focus neglects how it makes money

I spent the last couple of days at F8, Facebook’s annual tent revival for developers. I’ve consistently found F8 to be the place where Facebook gives the clearest elucidation of how the company sees itself and what it wants to be. This year, Facebook set its renewed mission of connecting people, but this goal comes with a conundrum. CEO Mark ...

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Nissan’s US sales shocker should speed push into China

Nissan Motor Co.’s jaw-dropping plunge in US car sales shouldn’t be a surprise. The Japanese automaker had it coming all along. Led by industry rainmaker Carlos Ghosn, Nissan’s deliveries in North America declined 28 percent in April. And it wasn’t just one particular make. Sales of almost every model of car and truck slipped, including the high-end Infiniti brand. Japan’s ...

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IMF, World Bank should address three shifts

It is generally accepted in economics that financial variables tend to adjust more rapidly than real and policy variables. This seems to be the case this year with the three major transitions that are critical to the longer-term well-being of the global economy and markets. While this process is ongoing, policy makers would be well advised to put these changes ...

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