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This is how Finland's basic income experiment could work
Social benefit systems are complex and more often than not bureaucratic. The Finnish proposal, and …
Donald Armbrecht
Carlyle Group beats expectations, profit drops 79%
Known for multi-billion-dollar corporate takeovers that were all the rage before the 2008 global fi…
Reuters,Portia Crowe
Bank of England maintenance, security, and hospitality workers to go on strike
The Unite union have balloted 84 members of staff, according to The Independent. With the action se…
Associated Press,Russell Shel…
Violence cost India's economy 9% of its GDP last year
India did, however, move up one place to 136 on the Global Peace Index, a ranking of 163 countries …
Dilsher Dhillon
Anger could derail Mexico's economic recovery
This may compound the impression that Mexico is not a safe place to do business or scare off invest…
Christopher Woody
UPS is reportedly making a major investment in Europe
"We will strongly expand our network in Germany and the rest of Europe," the magazine quoted UPS Ge…
'Progress' in Greek debt talks after Varoufakis sidelined
Discussions between Athens and its creditors are hung up in particular on cuts to pensions and dere…
AFP
US logistics group XPO has announced a $3.56 billion deal with France's Dentressangle
XPO said the deal is worth 2.17 billion euros for Norbert Dentressangle shareholders. XPO will buy …
AFP
Deutsche Bank probes suspected $6 billion money laundering in Russia
Deutsche Bank repeated a statement from May 20, saying it had suspended a small number of traders i…
Oil is diving after Barclays and JPMorgan turned bearish
JPMorgan also said in its latest oil market outlook that "macro-economic risks may weigh on oil pri…
Oscar Williams-Grut and Henni…
Companies Controlled By Founding Families Remain Surprisingly Important
They also tend to have better labour relations, according to studies by Holger Mueler and Thomas Ph…
Merrill Lynch Is Bleeding Top Talent
Two of the sources familiar with the matter added that many of the brokers who departed had spent t…
Reuters,Linette Lopez
German economic policy is hurting Europe, the world, and itself
These start with Germany's "energy transition," a plan to exit simultaneously from fossil fuels and…
Smuggled smokes: Nannies v Al Capone
The reason is that tobacco taxes are high: a pack of 20 costs $13 in New York, compared with $5 in …
Greece reportedly intends to seek extension of loan agreement
However, Tsipras has made a distinction between the full bailout program and the issue of Greece's …
Renee Maltezou
America's fastest growing metropolis isn't pretty - but it's thriving
Some wonder if a bubble is inflating. "We have overbuilt the apartment market already and we are we…
There's Been A Key Change In Tesla's Earnings Expectations
Tesla's strategy can be thought of as an upside down pyramid. When the company began producing its …
Estimize.com
FORGET THE 1%: It Is The 0.01% Who Are Really Getting Ahead In America
The results are enough to make Mr Piketty blush. The authors examine the share of total wealth held…
Michael B Kelley
Here's What It Will Take For The Marlboro Of Marijuana To Emerge
Despite the boom, no big force has yet emerged. Even Colorado's biggest retail chains, such as LivW…
The Strange Story Of The America's Most Fought-Over Office Block
Among them are Donald Trump, the industry's master of self-promotion, who was the first to push ren…