New rules just came into effect in India that force Amazon to remove products for sale through vendors in which they have an equity stake, meaning Amazon must choose between whether it wants to control the platform, or sell its products. It cannot do both.
Read more...Yves here. This article pre-supposes that readers understand that most leveraged lending is taking place as a result of private equity, via two routes. First, private equity funds use a great deal of borrowed money when buying companies. One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]
Read more...Cisco joins other big tech companies in calling for a federal privacy law. This is a blatant attempt to shutter what Louis Brandeis called the “laboratories of democracy” – states, such as California, that pioneer new policies to protect their citizens.
Read more...More on how CalPERS will get its pockets picked in its newfangled private equity scheme.
Read more...A new Economic Policy Institute report also debunks the myth that raising the federal minimum wage primarily helps teenagers working for spending money
Read more...Italy pushes for some bold banking reforms….but how far can it get given the wobbly state of its banks and ECB hostility?
Read more...CalPERS is at it again…this time in the form of its private equity architect John Cole showing the world that he is way over his head.
Read more...Chuck Schumer and Bernie Sanders propose what are actually modest restrictions on corporate stock buybacks to force their to give workers higher priority.
Read more...An in-depth look at the “peak oil” thesis and how well its predictions are playing out.
Read more...The right to repair movement is growing — not just in the US, but in the EU, Australia, and New Zealand as well.
Read more...The story of how oil refiners group marshalled the support of Republican governors behind the Trump administration’s rollback of CAFE auto emissions standards.
Read more...Simply breaking up monopolies via century-old economic remedies recommended by antitrust doctrine is insufficient if it is not accompanied by a rebalancing of economic power.
Read more...A jaundiced look at “Singapore on the Thames,” yet another barmy Brexit idea.
Read more...Charter schools undermine public schools, and that’s a feature, not a bug.
Read more...The gilets jaunes have arisen out of the profound inequality that is fracturing societies across Europe. It is against that inequality that leaders must take a strong stance.
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