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Analysts can not stop cutting profit forecasts

Largely lost in the debate over how much credit President Donald Trump should or should not get for the performance of US stocks this year is that perhaps the biggest reason for the rally is strong earnings. With more than 90 percent of the S&P 500 members having reported second-quarter results, earnings growth is tracking at a 12.2 percent pace ...

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For the sake of productivity, put a woman in charge

If you’ve never tried a Japanese snack called Jagariko, I highly recommend it. When I visited the Tokyo offices of Japanese snackmaker Calbee Inc., I made sure to ask if I could have a free pack of my favorite snack. “Maybe,” the managers hedged. I wasn’t at Calbee to talk about their potato sticks, but their corporate culture. Calbee is ...

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Apple iPhone gives little-known suppliers long-awaited payday

Bloomberg It was the late 1990s, and entrepreneurs Steven Abramson and Sidney Rosenblatt were pitching an electronics giant on their new flat-screen technology. It didn’t go well. The product was unproven, and, given that the startup had a pittance in the bank, the manufacturer had doubts about its long-term viability. “You want us to bet the future of our company ...

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