The rising popularity of ride-sharing services and other alternative modes of transportation in recent years has forced many established automakers to start thinking about reinventing their business models, in order to adapt to changing personal transportation needs. Earlier this year, General Motors invested $500 million in Lyft, planning a project for launching a fleet of […]
“No exclusively military solutions to the threats posed by ISIL”, said Secretary Hagel
Department of Defense Press Briefing by Secretary Hagel and Gen. Dempsey in the Pentagon Briefing Room Presenters: Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff General Martin E. Dempsey July 03, 2014. What follows is an unedited transcript of that press conference: SECRETARY OF DEFENSE CHUCK HAGEL: Good morning. […]
Commodities Outlook : Rajesh Sharma Money Matters
The flow of economic data over the past week sounded more positive than many who feared. US IP for April and European and Japanese 1Q GDP all surprised on the upside. One had to look just at the economic data and not focus on the risks emanating from Greece; it was clearly visible that growth […]
Max Weber and Power, by Phin Upham
Max Weber, one of sociology’s seminal figures, drew from great thinkers of the past, the histories of civilizations, jurisprudence, the arts, psychology and philosophy. Out of this cloth, he fashioned a radically new set of guiding principles, a new view of the world, an explanatory model of human progression and civilization based on rationalism and […]
Obama Tells Japan “We Are Bound By Our Shared Prosperity” – Speech Transcript
The following is a transcript of President Barack Obama’s prepared remarks, delivered at Suntory Hall in Tokyo. Good morning. It is a great honor to be in Tokyo—the first stop on my first visit to Asia as President. It’s good to be among so many of you – Japanese and Americans – who work every […]
U.S. Stocks Slide After Rout Overseas
s on so many other days in recent weeks, traders and analysts on Wall Street arrived at work Friday morning fearing the worst. This time, however, the worst did not come to pass. European stock markets sent stocks tumbling by more than 500 points in early trading in New York, but they recovered enough ground […]