When Marc Andreessen wrote his famous “Software is eating the world” memo a few years ago, people might not have understood how fast the technology industry would progress. Of course, Nobel Prize winner Niels Bohr (Physics, 1922) had it right when he said – tongue in cheek, “It’s hard to […]
On Monday firebombs were thrown near the residence and former office building of Jimmy Lai, a Hong Kong tycoon who until recently chaired Next Media Group and was chief editor of the liberal newspapers Apple Daily. Video footage shows that around 1:30 am, a silver van pulled up outside the gate of Lai’s […]
Two courts ruled the IRS did not have power to regulate tax preparers, but a bill would award it. Should IRS regulate the tax returns it receives?
This is an interesting little spat happening out in the econobloggingsphere, a shouting match about whether there’s been austerity or not. It started with Matt Yglesias, then Angus had a go at him and now Kevin Drum is making his own claims. And I would argue that no one is […]
BEIJING (Reuters) – China has been quietly toughening travel restrictions on students and businessmen traveling from Ebola-hit West Africa even as it increases support to fight the deadly disease on the ground in the region, diplomats say.
Whether you’re in favour of the tar sands being exploited for the crude oil in them or against the very idea, the recent halving in the price of oil makes the Keystone XL pipeline more important, not less. The basic economic concept here is that the transport costs of that […]
BEIJING (Reuters) – China criticized Japan’s newly appointed defense minister for the first time on Monday, saying it was “firmly opposed” to his comments that Beijing has repeatedly engaged in “dangerous actions” in the East China Sea.
Roche, the world’s largest maker of cancer drugs, is spending $1.03 billion to buy a 56.3% stake in Cambridge, Mass.-based Foundation Medicine, a company that uses genetics to help select drugs for cancer patients. Roche, based in Basel, Switzerland, will also market Foundation’s diagnostic tests outside the U.S., help educate […]
Chinese billionaire Wang Jianlin may list his domestic movie theatre chain at the Shenzhen Stock Exchange as early as this month, taking advantage of expectations of continue growth in box-office revenue in the country, local media reported today. The China Securities Regulatory Commission approved Wanda Cinema Line’s Shenzhen listing last week. According to its […]