Trump's plans to appoint Exxon CEO Rex Tillerson as secretary of state has been clouded by confirmation from the CIA that Russian security services engineered the release of hacked information designed to hurt Hillary Clinton’s campaign.
Read moreThe Year Everyone is Making Money
Since the start of the year, stocks, bonds, oil and gold have all risen. Zachary Karabell of Envestnet and Gina Sanchez of Chantico Global discuss with Dominic Chu.
Read moreWhy Keystone is a Canard
Sideshows can be immensely entertaining and highly distracting. Old-time circuses had bearded ladies, freaks and strongmen; today in America we have the Keystone XL pipeline. It is the ultimate sideshow, one masquerading as a solution to real problems when, in fact, it is largely symbolic, and not particularly potent symbolism at that.
Read moreObama-Republican Fight Over Gas Prices Is Pure Political Theater
Tuesday’s partisan small ball on gas prices, replete with consequential rhetoric and insignificant action, did nothing to dispel the sinking feeling that we are in for months of political theater as real challenges and issues founder.
Read moreThe Wishful Environmentalism of Cars 2
Cars 2 opened to lukewarm reviews and a smash box office, taking in $66 million domestically and another $42 million internationally during its opening weekend. The film’s ability to transcend unusually tepid reviews is clearly a testament to the power of the Pixar brand (another gift of Steve Jobs), which has generated a remarkable series of animated hits stemming from the Toy Story franchise that began in 1995 and continuing through gems like Wall-E and The Incredibles, as well as the first Cars. But this film also carries a loud and unmistakable message about alternative energy, automobiles and their shared future.
Read moreThe World’s Dirtiest — and Best — Economic Crystal Ball? Iron Ore. Yes, Iron Ore.
Headlines were replete this week with talk of an imminent slowdown of the global economy. Combined with the pallid recovery of the United States and continued waves of debt crises in Europe, a lull in activity from Brazil to India to China would be trouble indeed.
Read moreOil Price Increases Are Irrelevant to the Recovery
With gas prices approaching $4 at the pump and turmoil roiling Libya and other parts of the oil-rich Middle East, the past week has seen multiple warnings that rising oil prices imperil the American economy. David Rolley, a money manager who helps oversee $150 billion for the firm Loomis Sayles, is typical of the breed, declaring that higher prices at the pump
Read moreBlouin Creative Leadership Summit 2009: Global Commodity Crunch
Panelists including, John Authers, Zachary Karabell, Badr Jafar, Josh Margolis, and Henk-Jan Brinkman were invited to discuss the challenges facing commodity markets, commodity prices and distribution.
Read moreMuch Ado About Dubai
Global markets sank sharply at the end of last week on fears that Dubai World, a subsidiary of the government of Dubai, was on the verge of defaulting on approximately $60 billion of the emirate's $80 billion in total debt held by creditors world-wide. The rush of news stories added to the wildfire of panicky speculation, with headlines ranging from "Dubai Default Risk May be Big US Bank Problem," to "Dubai Shows Limits of Government Rescues."
Read moreThe Giant Isn't Sleeping
It’s now widely believed that the global recession is coming to an end, but the path out has been far from typical: This time around, China, not the U.S. has led the global recovery.
Read moreDUBAI: TOO BIG TO FAIL
The recent gala opening of the Atlantis hotel on Dubai's Palm island gave one a strong sense the emirate's elite were fiddling while Rome burned. The sheets had hardly been stripped from the beds of the departing guests when the hotel's developer, the government-owned Nakheel Properties,
Read moreCOMPANIES ARE GETTING SERIOUS ABOUT SUSTAINABILITY
Environmental concern is suddenly all the rage, all around the world. Unless you've been buried in a coal mine for the past year, you've been inundated with articles about this hot new trend. In early July, China lifted gasoline subsidies, in part to force consumers and businesses to confront the costs of using more of that ever-more costly resource.
Read moreMaking Peace and Profits in Iraq
Rebuilding Iraq is such a monumental undertaking, with estimated costs of at least $25 billion, that the involvement of private enterprise was inevitable. It is also controversial.
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