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Africa turns into new investment destination

  Investors are courting Africa like never before. The resource-rich continent, which has massive business potential, is turning into the new investment hub for many countries — with Japan and China taking the lead. Japanese Prime Minister Shinzo Abe is set to unveil aid and development projects at a conference in Kenya this weekend. He will meet business leaders to ...

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Robbing from Uber to subsidize the taxi industry

  Ronald Reagan famously summed up the logic of government thusly: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Uber and Lyft move, so naturally, the state of Massachusetts wants to tax them. And since taxis aren’t moving nearly as much as they used to, the state wants to hand ...

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Trump never really had an immigration policy

  Donald Trump made a seemingly momentous announcement on Monday, jettisoning a presidential campaign’s worth of assertions that he would deport millions of undocumented immigrants and close what he has repeatedly called an “open” border. Fox News anchor Bill O’Reilly, who interviewed Trump, was obviously stunned. After telling Trump that the news media is “running wild with this,” he asked ...

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