[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.

Barcelona attack: Ripoll, the Pyrenees town that spawned a terrorist cell

 08/21/2017 - 08:07
Varias mujeres familiares de los jóvenes de Ripoll (Girona) presuntos autores de los atentados de Barcelona y Cambrils (Tarragona), durante la concentración que ha realizado la comunidad musulmana esta tarde en la plaza del Ayuntamiento para expresar, "rotos" de dolor, el rechazo a lo ocurrido y guardar un minuto de silencio por las víctimas. EFE/Robin Townsend

 The Spanish authorities said that the attacks that killed at least 14 people in Barcelona and Cambrils appeared to be part of a terrorist cell’s extensive plot led by the imam of a the small mountain town of Ripoll. He may have died a day before the attacks when explosives that the group was manufacturing accidentally detonated.