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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.

Microsoft urges governments to treat cyberattack as wake-up call

 05/15/2017 - 02:37
A close-up view of Britain's National Health Service (NHS) website with a cyber attack warning, as seen on a laptop in London, Britain, 13 May 2017. EPA/ANDY RAIN

The ransomware WannaCry, which requests a payment in the Bitcoin digital currency to regain access to computers, has hit computers of the National Health Service in the UK, large companies in France and Spain, the largest rail network in Germany, government offices in Russia and universities in China and Taiwan, amongst others.

Plain Text Author: 
EFE