Recent Posts

Donald Trump’s red line is turning blue

President Trump has been insisting for so long that any investigation of his personal finances would cross a “red line” that people may have overlooked the outrageousness of his claim. But this self-declared immunity is about to change. We’re entering a new phase of the Trump-Russia investigation, where the president’s efforts to contain the probe are failing. Information he tried ...

Read More »

Google, Facebook’s next big fight

For many people, it probably sounds a little rich to hear the European Union (EU) accuse Silicon Valley of being a graveyard of innovation. But that’s where we are in 2019. Regulators are hitting the likes of Alphabet Inc.’s Google and Facebook Inc. with a flurry of antitrust fines and data-privacy probes, implying that they regard tech billionaires as more ...

Read More »

China is putting a pretty face on Shiseido’s sales

As global retailers struggle to keep Chinese consumers shopping, Japan’s oldest cosmetics brand is flourishing there. Almost to a fault. Last week, Shiseido Co. posted an 8.9 percent rise in 2018 sales to 1.049 trillion yen ($9.51 billion) and a 34.7 percent climb in operating profit to 108.4 billion yen. Yet fourth-quarter operating profit slid 29 percent compared with a ...

Read More »
Send this to a friend