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Brookfield’s big nuclear bet isn’t as bold as all that

Is nuclear power dying out? The world’s second-biggest infrastructure investor just bet $4.6 billion that it’s not. Westinghouse Electric Co., the slice of Toshiba Corp.’s bankrupt nuclear business focused on providing fuel and maintenance services to power stations, will be bought at that price by Brookfield Asset Management Inc.’s private equity arm Brookfield Business Partners LP, the company said. Brookfield ...

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Indian economy faces an ominous new year

You’d think the Indian economy had returned to rosy health. It seems to have recovered from two enormous disruptions—Prime Minister Narendra Modi’s decision just over a year ago to withdraw 86% of the currency in circulation, and the poorly-planned rollout in the middle of 2017 of the new goods and services tax (GST). Exports are no longer declining, as they ...

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Apple effort to make amends is bad for iPhone business

I hate to be a party pooper, but I am. Apple Inc.’s decision to do the right thing for customers will be bad for business. You probably know that Apple (sort of) apologized for not telling people about a software tweak it made about a year ago that slowed performance of iPhones with worn out batteries, to prevent them from ...

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