Recent Posts

Carillion plunges as profit misses goal, dividend suspended

Bloomberg Carillion Plc plunged the most on record after the British construction company said first-half profit will be lower than expected, dividend payments will be suspended and the chief executive officer has stepped down. Cash flow from some projects has deteriorated, and the board will review all of the company’s major contracts with the help of KPMG, Carillion said in ...

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The ‘historical’ scars of America’s violent birth

Some American history museums belabor visitors with this message: You shall know the truth and it shall make you feel ashamed of, but oh-so-superior to, your wretched ancestors. The new Museum of the American Revolution is better than that. Located near Independence Hall, it celebrates the luminous ideas affirmed there 241 Julys ago, but it does not flinch from this ...

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Taking a bite out of Facebook, Apple, Netflix, Google, the Indonesian way

Nationalism minus chauvinism. That’s how Indonesia wants to deal with FANG. Facebook, Apple, Netflix and Google—the four horsemen of the digital economy—will get to play freely in the archipelago’s 260-million-strong consumer market, according to communications and information technology minister Rudiantara. The minister, who uses only one name, has no airy-fairy notions about national digital champions who’ll help keep Indonesian money ...

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