Archive for October 18th, 2017

During speeches while President of the Cato Institute, John Allison would often say that there were thousands of Googles before Google. Allisons point was that the company which has come to define search technology wasnt the only Silicon Valley start-up to attain funding based on its idea for a search engine. Countless start-ups funded, countless failures, and lots of learning from those failures, led to Google.
As this column regularly points out, most Silicon Valley start-ups go belly up. Over 90 percent according to Valley eminence Andy Kessler. The previous number is…

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John Flannery is getting rid of company cars, a fancy executive retreat and perhaps thousands of corporate jobs under pressure to cut costs.

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Millions of Americans would lose a prized tax break under President Donald Trump's sweeping revamp of the tax code, but corporations would get to keep it.

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U.S. Treasury Secretary Steven Mnuchin said in interview published Wednesday that the Republican tax plan will include breaks for the wealthy, a rhetorical reversal that contradicts President Donald Trump’s promises that the rich won’t enjoy a net tax cut.

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Can taxpayer money buy corporate happiness or will a citys talent win out? The answer to that question or at least Amazons answer may come soon when the online giant decides where it will locate its second global headquarters.
Many local and state governments have already signaled they are opening the vault. A few cities have taken a look at the possible price tag, and taken a pass. But a couple are making strong bids while making it clear they will not provide a nickel in direct financial incentives. They are placing their faith in another form of capital human…

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More than $900 billion worth of U.S. residential real estate could be lost, a new report says.

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<p>The Dow Jones industrial average rose sharply Wednesday after tech giant IBM reported better-than-expected quarterly results.</p><p></p>

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<p>Richard Branson, the billionaire founder of Virgin, has revealed he was targeted by a fraudster posing as Britain's defense minister who tried to get him to contribute $5 million to a supposed secret ransom payment.</p>

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Construction of new homes fell 4.7 percent in September, the biggest decline in six months, reflecting weakness in both single-family activity and apartment building.

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<p>The Dow Jones industrial average opened higher on Wednesday after tech giant IBM reported better-than-expected quarterly results.</p>

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Early next year, three massive coal-fired power plants in Texas will close for good. And their absence will be felt 1,000 miles away in the coal pits of Wyoming and Montana.

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Joshua Hunt

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