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Manufacturer stocks may not get lift from trade deal

Markets are cheering trade progress between the US and China. It’s important to note that a trade deal isn’t a cure-all — especially for manufacturers. President Donald Trump reportedly signed off on an initial trade deal with China that will delay proposed tariffs on some $160 billion of largely consumer goods set to take effect on December 15. The deal ...

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India is abandoning its founding principles

For 70 years, India has struggled to remain a secular state. In spite of its people being overwhelmingly Hindu, it chose not to distinguish between its citizens — or putative citizens — on the basis of their religion. That principle was what its founding fathers fought for, and what for decades led it to proudly distinguish itself from Pakistan, born ...

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United’s frequent-flier programme finally gets some game theory

The big news of United Airlines was that the company’s longtime chief executive officer, Oscar Munoz, will step down in May. But many of the company’s most loyal customers were focused on a different transition: On December 4, United made the most substantial changes to its frequent-flier upgrade program in years. Flight upgrades are mostly a problem of the 1% ...

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