Archive for the ‘Business’ Category

Amazon’s purchase of Whole Foods is being described as the deal of the century.

Source: Perspectives: The Atlantic — Why Amazon Bought Whole Foods


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This means Amazon is now going to compete head on with Walmart, as well as Target, Costco, and Kroger (all of whose stock prices tumbled on the news). Within 10 years, they’ll all be gone. Amazon is on the verge of owning American retailing.

Source: Perspectives: Washington Post — Amazon to buy Whole Foods Market in deal valued at $13.7 billion


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In today’s world, unlike the days of the autocrat, managers who employ a participatory style, but can readily employ other styles of management as needed, generally have successful operations. It’s what now defines managers as effective and strong leaders.

Source: Perspectives: Participatory Management Skills That Define Today’s Strong Leaders


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President Donald Trump’s $1 trillion infrastructure plan is promised to be introduced sometime in May. However, Trump and the Republican-led Congress refuse to raise money for infrastructure projects that rely on direct federal spending, but rather on tax breaks to wealthy investors, partnerships with private enterprise, and other incentives for investors to put money into projects.

Source: Perspectives: The Wall Street Journal — Saudi Arabia’s $20 billion wager with Blackstone is record-sized bet on U.S. infrastructure


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Robert Reich comments on Ivanka Trump’s dealings with Russia

Source: Perspectives: AP News: Ivanka’s brand prospers as politics mixes with business


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“As he nears the 100-day benchmark of his presidency, Trump has done nothing for American workers. His demands that Carrier, General Motors, and Ford hire more people in the United States were media events. GM and Ford had planned to shift some jobs back before Trump’s arm-twisting. Carrier ended up sending most of its jobs to Mexico anyway. He hasn’t renegotiated NAFTA. He decided not to pressure China on currency manipulation.”

Source: Perspectives: Christian Science Monitor: New executive order to prioritize Americans over foreign workers, remarks from Robert Reich


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“Trump’s “America First” economics is pure demagoguery. Xenophobic grandstanding doesn’t boost the competitiveness of American workers. Nor does it boost American-based companies.”

Source: Perspectives: Robert Reich: Why Trumponomics Fails


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