Wall Street Journal: Market News

Wall Street Journal: U.S. Business

  • Takata Wins U.S. Court Approval on Car-Maker Concessions
    Takata’s U.S. units Tuesday won approval for novel arrangements that will see the world’s largest car makers step up to make sure the troubled parts maker stays in business despite massive product liability claims.
    - 41 mins ago, 28 Jun 17, 6:21am -
  • Samsung Revives Galaxy Note 7 With New 'Fandom Edition'
    A refurbished version of the premium smartphone, whose global recall last year garnered unwanted attention for Samsung after some caught fire, is coming to retailers’ shelves on July 7 with different components under the name Galaxy Note 7 FE.
    - 1 hour ago, 28 Jun 17, 5:56am -
  • Yellen: Globalization, Technological Change Have Been Harmful to Many
    The offshoring of jobs associated with globalization combined with technological change have been devastating for many American communities, while designing programs to help has proved difficult, Federal Reserve Chairwoman Janet Yellen said in London…
    - 3 hours ago, 28 Jun 17, 3:38am -
  • Google Slapped With $2.7 Billion EU Fine Over Search Results
    The European Union’s antitrust regulator fined Alphabet’s Google a record $2.71 billion for favoring its own comparison-shopping service in search results.
    - 4 hours ago, 28 Jun 17, 3:27am -
  • This Shipping Magnate Is Calling a Bottom in the Oil Rout
    Shipping magnate John Fredriksen is trying to buy more oil tankers despite a glut of vessels afloat, a messy restructuring of an offshore-drilling company he leads and two unsuccessful takeover attempts of rival tanker firms.
    - 4 hours ago, 28 Jun 17, 3:12am -
  • Nestlé Plans Share Buyback After Pressure From Third Point
    Nestlé on Tuesday announced plans to launch a $20.8 billion share buyback, focus its capital spending on categories like coffee and pet care, and look for consumer health care acquisitions, a move that comes after it found itself the target of activ…
    - 4 hours ago, 28 Jun 17, 2:46am -
  • What a Sprint Deal With Comcast and Charter Would Mean for Wireless
    In a potential deal with Sprint, cable operators Comcast and Charter Communications are seeking the ability to sell Sprint’s wireless service under their own brands.
    - 4 hours ago, 28 Jun 17, 2:34am -
  • Stir Fry on Sale? Blue Apron Turns to Deals to Draw Customers
    Meal-kit maker Blue Apron has ripened to a company on the verge of an initial public offering with 1 million customers and more than $790 million in annual revenue. But the company is finding it hard to get loyal customers.
    - 5 hours ago, 28 Jun 17, 2:02am -

Robert Reich

  • It’s Time for Medicare for All
    Mitch McConnell is delaying a vote on the Senate Republican version ofTrumpcare because he doesn’t...
    - 8 hours ago, 27 Jun 17, 11:25pm -
  • The Secret Healthcare Bill
    The Senate’s bill torepeal the Affordable Care Act is not a healthcare bill. It’s a tax cut for...
    - 2 days ago, 25 Jun 17, 10:04pm -
  • The Secret Republican Plan to Unravel Medicaid
    Bad enough that the Republican Senate bill would repeal much of the Affordable Care Act. Even worse,...
    - 5 days ago, 23 Jun 17, 5:48pm -
  • THE CASE FOR OBSTRUCTION OF JUSTICEObstruction of justice was...
    THE CASE FOR OBSTRUCTION OF JUSTICEObstruction of justice was among the articles of impeachmentdrafted against both Presidents Nixon and Clinton. The parallel between Nixonand Trump is almost exact. White House tapes revealed Nixon giving instructi…
    - 7 days ago, 21 Jun 17, 5:41am -
  • Talking With My Friend About Trump
    My friend Tom phoned this morning:“I can’t take any more Trump. It’s summer. I’m taking a vacation...
    - 9 days ago, 19 Jun 17, 5:58am -
  • Government By and For Trump
    Last Monday, the White House invited reporters in to watch what was billed as a meeting of Trump’s...
    - 11 days ago, 16 Jun 17, 11:09pm -
  • Trump’s Infrastructure Scam
    At a roundtable discussionwith state transportation officials on Friday, Donald Trump said...
    - 18 days ago, 10 Jun 17, 2:24am -

Naked Capitalism

Overcoming Bias

  • Forget The Maine
    I often write about situations where we say something is about X, but it is actually more than we admit about Y. In some cases, this is mostly unconscious, and most people are surprised to hear what is going on. … Continue reading →
    - 1 day ago, 26 Jun 17, 9:15pm -
  • A Tangled Task Future
    Imagine that you want to untangle a pile of cables. It wasn’t tangled on purpose; tangling just resulted naturally from how these cables were used. You’d probably look for the least tangled cable in the least tangled part of the … Continue read…
    - 7 days ago, 20 Jun 17, 8:40pm -
  • A Call To Adventure
    I turn 58 soon, and I’m starting to realize that I may not live long enough to finish many of my great life projects. So I want to try to tempt younger folks to continue them. Hence this call to … Continue reading →
    - 14 days ago, 14 Jun 17, 7:00pm -
  • Conformity Excuses
    From a distance it seems hard to explain a lot of human behavior without presuming that we humans have strong desires to conform to the behaviors of others. But when we look at our conscious thoughts and motivations regarding our … Continue reading…
    - 22 days ago, 6 Jun 17, 10:55am -
  • Design A Better Chess
    Friday the Wall Street Journal published my review of Garry Kasparov’s new book Deep Thinking. I end with: I’ve always been a bit skeptical of the high status of chess champions, whom many consider intellectuals (rather than, say, sports stars).…
    - 37 days ago, 22 May 17, 1:00pm -
  • I’m Not Seaing It
    Imagine you run a small business in an area where a criminal organization runs a protection racket. “Nice shop here, shame if something were to happen to it.” So you pay. Someone tells you that they’ve never seen payment demanded … Continue r…
    - 43 days ago, 16 May 17, 4:00pm -
  • When to Parrot, Pander, or Think for Yourself
    Humans are built to argue and persuade. We tend to win when we endorse arguments that others accept, and win even more when we can generate new arguments that others will accept. This is both because people notice who originated … Continue reading…
    - 45 days ago, 13 May 17, 7:15pm -
  • Compelling ≠ Accurate
    Bryan Caplan: As a rule, I don’t care for “hard sci-fi.”  In fact, artistically speaking, I normally dislike true stories of any kind.  And I barely care about continuity errors.  When I read novels or watch movies, I crave what … Continue…
    - 46 days ago, 13 May 17, 2:20pm -
  • What TED Needs
    Most people want, and gain value from, religious-like communities, strongly bonded by rituals, mutual aid, and implausible beliefs. (Patriotism and political ideologies can count here.) I once embraced that deeply and fully. But then I acquired a str…
    - 53 days ago, 6 May 17, 4:45pm -
  • Steven Levy’s Generic Skepticism
    Steven Levy praises TED to the heavens: Not every talk is one for the ages, but the TED News Feed is in sync with Ezra Pound’s insufficiently famous quote that “literature is news that stays news.” In TED’s world, at … Continue reading →
    - 59 days ago, 30 Apr 17, 3:35pm -

Information Arbitrage

  • Recycling: The challenge and the opportunity for a Seed stage VC
    My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors? I attempted to respond in a Tweetstorm, but recycling is a complicated issue that…
    - 5 Oct 16, 8:48pm -
  • The TTD Investment and the IA Ventures Model
    A Little HistoryIA Ventures began life a little less than seven years ago, just as the world was coming out of the worst economic crisis since the Great Depression. The term “Micro VC” had yet to be coined. “Big Data” was still somewhat myste…
    - 29 Sep 16, 1:25am -
  • Welcoming John to IA
    Brad, Jesse and I are happy to announce that our friend and colleague, John Hadl, is joining IA Ventures as Venture Partner, effective immediately. We have personally gotten to know John over the past four years due to our shared investment in PlaceI…
    - 12 Mar 15, 8:29pm -
  • Crowdfunding for start-ups: A durable trend or a bull market phenomenon?
    Angel investing is red hot as is the concept of crowdfunding start up investment. Part of this phenomenon has been driven by the emergence of AngelList, the brainchild of Naval Ravikant. What started out as a way for a curated set of angels to inves…
    - 23 Nov 14, 10:44pm -
  • Financial interaction: the next generation
    I have spent over 25 years creating, processing and analyzing financial transactions. I like studying them - a lot - whether an outgrowth of my time on Wall Street helping sophisticated entities manage risks, or through IA Ventures’ investments in…
    - 25 Feb 14, 10:43pm -
  • IA Ventures: Reflections on 2013
    2013 was a very different kind of year for IA Ventures. While the years 2010-12 were characterized by 8-10 new investments per year, in 2013 we invested in only three new companies: Data Robot; Digital Ocean (DO) and Sight Machine (SM). Digital Ocean…
    - 3 Jan 14, 8:28pm -
  • “If you can’t do something willingly and joyfully, then don’t do it. If you give...
    “If you can’t do something willingly and joyfully, then don’t do it. If you give up drinking, don’t go moaning about it; go back on the bottle. Do. As. Thou. Wilt." - The late Peter O'Toole
    - 16 Dec 13, 1:05pm -
  • Venture Capital and "Innovation"
    Many have recently been critical of the role of the venture industry in financing “true innovation.” The narrative goes something like this: “VCs are like lemmings, flocking to the latest consumer wave (mobile chat, ride-sharing, etc.) in searc…
    - 16 Dec 13, 2:41am -
  • Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to...
    Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to rise. Research from the Federal Reserve Bank of Boston shows that in the 1980s, 21 percent of Americans in the bottom income quintile would rise to…
    - 15 Dec 13, 1:51pm -
  • Soft is the new Hard
    I live in a world where engineering and technical talent is valued above all others, where the Holy Grail is a “coding ninja” who can crank out oodles of elegant code at a breakneck pace. These people speak a language that is distinct and only un…
    - 14 Nov 13, 4:32am -