Recent Posts

Opendoor didn’t mess up iBuying

Few people can have seriously expected Opendoor Technologies Inc to suffer the sort of calamity that real estate listings giant Zillow Group experienced recently at its so-called iBuying unit. The housing market has cooled a little but it’s still a great time to be flipping homes, providing you don’t mess up the basics. Still, there was understandable relief when Opendoor ...

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For J&J, resistance to a breakup proved futile

Now it’s Johnson & Johnson’s turn to break itself up. The $435 billion US pharmaceutical behemoth is to carve out its consumer-health arm, leaving behind a more focused drug-discovery and medical-devices business. The idea of spinning off the company behind Listerine mouthwash and Band Aids has been in the air for some time — because it makes eminent sense. The ...

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Xi Jinping’s victory lap looks a little premature

The Communist Party’s historical resolution that smooths the way for Xi Jinping to rule indefinitely doesn’t shrink from bestowing greatness on China’s leader. That notably includes giving him credit for successfully completing an economic transition that has far from run its course. China’s development “has become much more balanced, coordinated, and sustainable,” says the communique released by the official Xinhua ...

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