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Channel: Business - Tim Worstall
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How the hell does the US work these days?

Just tried to find out some stuff. How do I get translation rights to some media stuff. But it’s an odd request, not standard at all. And no one at all ever answers a phone anywhere. You must know the...

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Not a great understanding of capitalism here

The impact of the Whole Foods acquisition has already been dramatic. After the deal was announced, the value of Amazon’s stock went up by more than the purchase price, which means the deal paid for...

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This was always likely, wasn’t it?

The Australian law firm that bought Quindell’s legal business in a disastrous £637m deal has claimed that the controversial British company misled it over the prospects of the personal injury cases on...

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You’ll have to do better than this Tom Watson, you’ll have to do better than...

That can’t be allowed to happen this time. The Competition and Markets Authority must conduct a thorough review of the proposed Fox takeover, taking all the time it needs to assess its likely impact on...

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Perhaps they just wanted it to rain by leaving it at home?

In China the sharing economy seems to have met its match after a startup that rented umbrellas in 30-minute blocks lost nearly all of its stock in just three months. The company Sharing E Umbrella...

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Apple’s stock control system is more effective than Communist China’s control...

Must be so, that’s why people attempt to smuggle iPhones they’ve legally bought into China rather than nicking them from the factory inside China

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This number might not be quite what it seems

Facebook, along with Google, takes the lion’s share of online advertising revenue – 99% of all new dollars spent last year, according to Pivotal Research. Facebook and Google being perhaps the parts of...

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Welcome to the corporate world honey

The problems began soon after she was appointed Europe regional editor, after eight years of outstanding performance and appraisals, court documents allege. The suit alleges that Time’s foreign editor...

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Well, yes, obviously

British savers have missed out on at least £90 billion by keeping money in savings accounts rather than investing in shares, a leading think tank has said. The Social Market Foundation has warned that...

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Blithering nonsense

An American rival — Cincinnati-based Vantiv — has launched a £9 billion takeover bid. Although 5,000 UK jobs are at risk, it seems that Worldpay bosses, led by former CBI president Sir Mike Rake, have...

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Umm, yes.

Wendy Watson MBE, who was also a trustee, was paid from the charity’s £909,634 budget. In total £874,539 was set down in the charity’s accounts as “fundraising expenses and other costs”, with just...

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Looks like it works then, doesn’t it?

Tim Cook, the chief executive of Apple, has collected $89.6m as part of a 10-year deal that he signed as an incentive to keep the iPhone maker at the forefront of the technology industry after he took...

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Property developer speculates

A London property developer is to allow its tenants to pay their deposits in bitcoin – the first time the virtual currency has been used in the UK residential homes market. OK, right….it’s a deposit...

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Numbers love, numbers

He has made it part of the Ryanair style to taunt passengers’ appetite for the 50p flight with what are amusingly called ancillary charges. That is, anything that isn’t the seat on the plane. These...

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You’re nasty American capitalists and we don’t like you! Nyaaaah!

Uber stripped of London licence due to lack of corporate responsibility About sums it up I feel.

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Some of that displacement activity

The Solar Sector’s One To Avoid Until We See Which Way Trump Jumps On His Trade Decision Undoubtedly he’s going to jump the wrong way too.

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Not sure about this on Uber

This is a company that has become a byword for Silicon Valley excess – it’s not a business model to admire. This makes the number of left-leaning people bemoaning its possible exclusion from one city...

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Uber’s sexual assaults in London

This is the number being thrown around and sadly it’s not the number we want to know: It stated that from Feb 16 to Feb 17 there had been 48 sexual offences recorded were Uber was referenced in a crime...

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If these numbers are true then Uber should be able to piss all over the ban

The safety question is an interesting one, in so far as it’s manifest horseshit to say that black cabs are safe, but Ubers are not. Nothing in life is perfectly safe. In the Spectator today, it’s...

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This being rather the point, no?

Nevertheless, there is little doubt that Uber provides tremendous benefit to its estimated 3.5m users in London. In fact, is there any other point worth discussing?

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