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[OP-ED]: The curse of middle-aged capitalism -- for Trump and all of us

 08/21/2017 - 13:57
In 1995, the largest five firms by market “capitalization” (the value of a company’s shares) were old-line businesses: Exxon, AT&T, Coca Cola, General Electric and Merck. By 2015, only Exxon (now Exxon Mobil) remained.

 A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.

Cuarto líder empresarial renuncia a Consejo de Trump tras polémica racista

 08/15/2017 - 13:37
US President Donald Trump makes a statement Monday, Aug 14, 2017, from the White House condemning the Ku Klux Klan, white supremacists and other racist groups, days after the Charlottesville violence, but too late and too lacking in conviction to keep three CEOs of major companies from resigning from the President's Manufacturing Council. EFE/Chris Kleponis/Pool

El presidente de la Alianza para las Manufacturas Americanas, Scott Paul, se convirtió hoy en el cuarto líder empresarial que renuncia esta semana al Consejo de Fabricantes Estadounidenses de Donald Trump tras la tibia respuesta del mandatario a los incidentes racistas en Charlottesville (VA).

Plain Text Author: 
EFE

4th CEO to resign from Trump Council over Charlottesville response

 08/15/2017 - 12:48
US President Donald Trump makes a statement Monday, Aug 14, 2017, from the White House condemning the Ku Klux Klan, white supremacists and other racist groups, days after the Charlottesville violence, but too late and too lacking in conviction to keep three CEOs of major companies from resigning from the President's Manufacturing Council. EFE/Chris Kleponis/Pool

Scott Paul, president of Alliance for American Manufacturing, resigned from the President's Manufacturing Council, joining the CEO's of Intel, Merck and Under Armour, which resigned from the group created by Donald Trump, because of the noncommittal way he responded to the racist attack in Charlottesville, Virginia.

Plain Text Author: 
EFE