Blacks lag far behind whites and other minorities in business ownership, though there are signs the gap has started to narrow since the recession, new government data show. Black-owned firms accounted for just 2.1% of the nation’s companies with at least one employee in 2014, according to the first instalment ... Read More »
UK will continue to attract investment, chancellor says Philip Hammond, the new(ish) chancellor, says Britain will remain an outward-looking country, attractive to foreign companies: In a statement released to coincide with a visit to Jaguar Land Rover (owned by India’s Tata), he said: As an outward-looking country, we will continue ... Read More »
Europe plans to give media companies the power to demand payment from search engines like Google when snippets of their content are republished. The European Commission is is working on a significant overhaul of copyright law that aims to help level the playing field between news outlets and tech giants ... Read More »
Sales of Tata’s Nano small car have been falling for years. India’s Tata Motors is overhauling its domestic supply chain, product portfolio and organizational structure as part of a three-year turnaround strategy, the company’s chief executive said on Tuesday. The aim is to put Tata Motors TTM 0.08% among the ... Read More »
Penny Kim, a marketing professional with a short one-month career at a Silicon Valley startup, shared a detailed account of one of the ugliest startup stories we’ve ever heard. Her tale started with a job offer in July of $135,000 a year plus equity, a $10,000 signing bonus for relocation ... Read More »
Alphabet is breaking up Nest, its standalone smart-home gadgets company, and moving Nest’s software group back into Google. Nest Labs will continue to exist as a subsidiary of Google parent company Alphabet, but it will be limited to selling Nest-branded hardware, like its internet-connected thermostat. Nest’s programmers, meanwhile, will go ... Read More »
Alphabet Inc’s Google is close to winning PayPal Holdings Inc as a client for its cloud business, potentially beating out Amazon.com Inc and Microsoft Corp, CNBC reported on Tuesday. While Google is the front-runner, the online payments processor is evaluating the other providers and hasn’t made any decision yet, CNBC ... Read More »
Google’s aggressive push into cloud computing, where it trailsAmazon.com and Microsoft, has put the internet giant in the lead position to land a marquee client: PayPal. While Google is the front-runner, according to people familiar with the matter, PayPal is evaluating the other leading providers and hasn’t made any final ... Read More »
The decisions reached at the recent Coag energy council meeting are reminiscent of a long series of failures to understand the impacts of powerful business on the health of the community. The failures extend historically from tobacco, to asbestos to the health scourges of coal, and now to the health ... Read More »
This piece originally appeared on BillMoyers.com. Cash and carry has become nothing more than standard operating procedure in politics and government, and it’s wrecking the republic. The whole system is rotten to the core, corrupted by big business and special interests from the seventh son to the seventh son. Or ... Read More »
Florian Hense, economist at Berbenberg, says low eurozone inflation of 0.2% in August is concerning for the European Central Bank: August, just like the first seven months, does not provide much evidence for a material shift in price dynamics. This remains an ongoing source of concern for the ECB. But ... Read More »
The European Commission, the EU’s executive arm, is ordering Apple to pay $14.5 billion in taxes to Ireland. But Ireland doesn’t want the money, and Apple says it shouldn’t have to pay. And the kind of tax breaks that the EU accuses Ireland of offering Apple are similar to the ... Read More »
