Lord Bless free markets, eh?
From floristry to food deliveries: ‘I created a new business in a week’ This being the entire point of the game. Free entry into the market. Sure, 98% of such attempts fail, many are entirely doolally...
View ArticleNow here’s a business model
The original Chris Steak House (1927–1965) Chris Steak House was founded on February 27, 1927 by New Orleans entrepreneur Chris Matulich.[8] It was located at 1100 North Broad Street near the Fair...
View ArticleTimes subs!
With 14.6 million passengers last year, Jet2 is Britain’s third largest scheduled airline after Easyjet and British Airways. Before the crisis, shares in Dart hit a record high of £19.46, valuing the...
View ArticleWell, yes
Abramov says: “Market forces will ultimately regulate the industry in a very brutal manner, forcing massive ‘shut-ins’ [well closures] across the country before the market imbalance can improve.”...
View ArticleThis is news to many journalists
Mr Sunak said it was “reasonable, proportionate and fair” to exclude those with taxable profits above £50,000, including law partners, freelance journalists and other professionals. The chancellor...
View ArticleSo who has been to an AGM?
If you hold but the one share in a company then you get to attend the AGM. The Young’s Brewery one was reputed to be a good one. 5 minute speech from the Colonel or whoever was the patriarch and...
View ArticlePerhaps you are matey
The founder of scandal-hit NMC Health and Finablr has claimed he is a victim of “serious fraud” and pointed the finger at company executives after the sudden collapse of his business empire. The...
View ArticleThings that ain’t so
Some people who work at McDonald’s have been subjected to sexual harrassment. Therefore McDonald’s should be sued. Labor unions say one challenge is that McDonald’s insists it is not responsible for...
View ArticleWell, yes, obviously Mr. Kamm
Will that help or hinder economic prospects? There’s a convincing argument that a market in corporate control generates efficiency gains. A management that fails to deploy a company’s assets...
View ArticleWell, fancy that then
The US has a reputation for bouncing back from adversity quickly, but even by its own standards the turnaround has been remarkable. Largely free market, largely capitalist, few worker protections –...
View ArticleSo, this Nikola truck company
Anyone know what sort of hydrogen fuel cell they’re using? Wiki, and their website, don;t seem to go into that level of detail. PEM? Solid Oxide? Anyone know?
View ArticleHow difficult is it to gain a radio licence?
Nigel Farage has lost his LBC radio show after comparing the Black Lives Matter movement to the Taliban. The station announced that Farage was stepping down with immediate effect. Officially, LBC gave...
View ArticleOopsie!
Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was was unable to locate 1.9...
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These people are insane
Investors appeared to welcome signs of progress in efforts to investigate Wirecard the shares rose by €2.72, or almost 19 per cent, to €17.16 yesterday. It isn’t that someone nicked the money. It’s...
View ArticleThis might not work you know
The Government should pay graduates to undertake internships at businesses struggling because of the coronavirus pandemic, leading universities say…. Some wet behind the ears graduate – this is before...
View ArticlePotty mouthed headlines
Philippine authorities search for Wirecard’s number two in fraud probe Well, yes, it all rather is a load of scheisse, isn’t it, and it’s got to be hunted for…..
View ArticleAuditors, eh?
EY failed to check Wirecard bank statements for 3 years Difficult to believe but…..
View ArticleThis might not be true
The CPPIB is confident there will be enough investor appetite to allow it to recover the £250m it lent against the Trafford Centre, which is valued at £1.7bn on Intu’s books. In addition to the CPPIB...
View ArticleThe Guardian says this like it’s a bad thing
As Chesapeake was expanding at breakneck speed, natural gas prices were near $20 per million British thermal units, the benchmark for natural gas trading. But frackers like Chesapeake flooded the...
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