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If Nootrobox Pitches ‘Shark Tank’ With A $40 Million Valuation Does It Need An Investment?

Nootrobox sells what has become something of a fad in Silicon Valley: Nootropics, which The Wall Street Journal reported is a form of supplement designed to increase physical and mental performance. The Journal noted that Nootrobox,Show More Summary

China Turns Big Data Into Big Brother

The Wall Street Journal reports that the Chinese government is now testing systems that will be used to create digital records of citizens' social and financial behavior. In turn, these will be used to create a so-called social credit...Show More Summary

Health Care: Don't Forget the Supply Side

My AEI colleagues James Capretta and Scott Gottlieb wrote in the Wall Street Journal about what a new health-care system would look like. It is sensible throughout, but I wanted to call particular attention to this portion of it: Deregulate the market for medical services. Show More Summary

VP Pence Lays Out Aggressive Agenda For First 100 Days

Coming off the the "Thank Your Tour" that got started yesterday with stops in Indiana and Ohio, Vice President-Elect Mike Pence sat down with the Wall Street Journal to discuss the new administration's aggressive plans for the first 100 days in office. Show More Summary

Advice for Disgraced Theranos CEO Elizabeth Holmes From Tech Darling Elizabeth Holmes

7 hours agoTechnology / Gadgets : Gizmodo

Theranos founder Elizabeth Holmes is having a hard year. After a Wall Street Journal report exposed her company’s innovative blood tests as faulty last October, the once beloved CEO—who proudly dons a black turtleneck like her idol Steve Jobs—has been banned from operating a lab for two years, lost her fortune, and … Read more...

WSJ calls Carrier deal a ‘shakedown’

Even the consservative Wall Street Journal sees this for what it is. A giant flaw in President Obama’s economic policy has been the politicized allocation of capital, from green energy to housing. Donald Trump suffers from a similar industrial-policy temptation, as we’ve seen this week with his arm-twisting of Carrier to change its decision to [...]

Wall Street Journal editorial board: Trump's 'shakedown' with Carrier sets dangerous precedent

The Wall Street Journal editorial board skewered President-elect Donald Trump’s deal with Carrier on Friday, characterizing the political achievement as a "shakedown" that Republicans would never tolerate under a Democratic president. Carrier,...Show More Summary

WSJ Calls Trump's Carrier Deal a 'Shakedown'

Wall Street Journal: A giant flaw in President Obama's economic policy has been the politicized allocation of capital, from green energy to housing. Donald Trump suffers from a similar industrial-policy temptation, as we've seen this week with his arm-twisting of Carrier to change its decision to move a plant to Mexico from Indiana.... Show More Summary

Trump Administration Plans Ambitious Agenda

Vice President-elect Mike Pence told the Wall Street Journal that the incoming Trump administration “is planning a burst of activity that would take aim at the gridlock in Washington, pressing forward with its goals to overhaul the tax code, health [...]

Keith Coleman Named Product Chief Of Twitter

On Thursday, Dec. 1, Twitter Inc. acquired a small startup and hired on its founder as its new product chief, The Wall Street Journal reports. Keith Coleman – founder and chief executive of Yes Inc. – was appointed Twitter’s vice president of product. Show More Summary

NY Times Downplays Trump’s 'Small' Carrier Deal, Others Label It A ‘Victory’

More than a month before Donald Trump takes office, he saved 1,000 manufacturing jobs. But the very anti-Trump New York Times gratuitously downplayed that news. According to the Dec. 1, Wall Street Journal, Trump and Vice President-elect Mike Pence struck a deal with Carrier Corporation that stopped the company from moving 1,000 manufacturing jobs from Indiana to Mexico.

PM Funds Roundup: SAC Capital Reaches Settlement; Blackrock HQ Moving?

Steven A. Cohen and SAC Capital will pay $135 million to settle insider trading allegations. Rob Copeland, The Wall Street Journal. Jobless claims jumped during Thanksgiving week. Amey Stone, Blackrock (BLK) may move its headquarters to Hudson Yards. Steve Cuozzo, New York Post. Glade Brook Capital Partners told shareholders that it will shutter its […]

Tax Policy Center's Flawed $6.2 Trilllion Revenue Loss from Trump Tax Plan

A crucial graph in the Wall Street Journal article, “Trump Fiscal Plain Roils the GOP,” relies on estimates from the Tax Policy Center. Unfortunately, the TPC provides only static estimates of revenue effects of House Republican or Trump...Show More Summary

In Exchange For Keeping a Thousand Jobs in Indiana, Carrier Will Receive $7 Million in Tax Breaks

yesterdayNews : Mediaite

According to the Wall Street Journal, Indiana officials will provide United Technologies Corporation $7 million in tax breaks over the next ten years.

Carrier Watch: We're Now Up to $7 Million — So Far

The Wall Street Journal passes along the latest news on the Carrier deal: Indiana officials agreed to give United Technologies Corp. $7 million worth of tax breaks over 10 years to encourage the company’s Carrier Corp. unit to keep about...Show More Summary

The Carrier deal shows what Donald Trump understands about the politics of jobs

Donald Trump's deal to keep 800 Carrier workers in Indiana is not a broad-spectrum jobs policy — though if the $7 million, 10-year price tag reported by The Wall Street Journal summarizes the deal's full fiscal cost, it looks like it...Show More Summary

Sales of luxury apartments heat up in lower Manhattan

Sales of luxury apartments have picked up in lower Manhattan after a lull in the market, according to The Wall Street Journal. One of the top performers has been 30 Park Place, an... To view the full story, click the title link.

Questions About Math Behind Trump Infrastructure Plan and P3s Persist

The Wall Street Journal (subscription required) looks at the surge in construction materials and infrastructure construction stocks precipitated by expectations of a Trump revitalization program but cautions that the “math doesn’t add up” and raises a red flag on P3 projects, reporting that, “Such projects have fared poorly in the past. Show More Summary

Ad-tech firm AppNexus files for an IPO on a $1.5B-$2B valuation

Advertising technology startup AppNexus Inc. has confidentially filed paperwork for an initial public offering according to reports Wednesday. The Wall Street Journal claims that the company is seeking the go public on a valuation between $1.5 billion and $2 billion though notes that pricing talk “is still fluid.” Goldman Sachs Group Inc. Show More Summary

Bridgegate: NJ Judge Hears Arguments in Misconduct Complaint Filed Against Gov. Christie

The Wall Street Journal reports that a Bergen County superior court judge heard argument on November 30 about whether to appoint a special prosecutor to handle an official misconduct complaint against Governor Chris Christie stemming from the George Washington Bridge lane closures incident. Show More Summary

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