Recent Posts

Retail apocalypse leads to suburban renaissance

As technology changes, a country’s industrial mix changes. A century and a half ago, most Americans — and indeed, most human beings — worked on farms. Today almost nobody does. Nowadays, a substantial number of Americans work in retail, ringing up purchases, stocking shelves or helping customers find what they need. But in a decade or two, it’s anyone’s guess ...

Read More »

Samsung heads into a new season with record earnings

Bloomberg Samsung Electronics Co. heads into the latter half of 2017 with record quarterly earnings under its belt, hoping to sustain that momentum as Apple Inc. prepares to debut the 10th-anniversary iPhone. Samsung intends to use its well-received Galaxy S8 to extend its lead against its American rival. But it will also lean heavily on its position as the world’s ...

Read More »

Next WannaCry cyber attack could cost insurers $2.5bn

Bloomberg Cyber crime insurers largely avoided costly claims from the recent attacks that hit businesses around the globe. The next global virus could change that. “It’s exceptionally likely that we will see an event over the next months that will seriously affect insurers,” Graeme Newman, chief innovation officer at CFC Underwriting, said in an interview. “It would only need a ...

Read More »
Send this to a friend