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Detroit Bankruptcy: As Its Own Worst Enemy, the City Got What It Deserved
If the residents of the city of Detroit want to blame any person or organization for its Chapter 9 filing, they only need to look as far as the unions that controlled labor there and the politicians...
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Home Delivery of Mail on Its Way Out?
The day when you merely had to open your front door to pick up your mail may be fading away. The U.S. Postal Service has begun notifying residents of some new and fast-growing housing communities that...
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CBO Argues for an End to Federal Cuts
The Congressional Budget Office (CBO) reports that it is this simple: the cancellation of the automatic spending reductions specified by the Budget Control Act of 2011, or sequestration as it is...
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U.S. Postal Service Loses $740 Million
People ought to get used to the fact that farmers cannot get mail more than twice a week, city dwellers should go without Saturday delivery, hundreds of post offices should be closed, and tens of...
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Markets Adjust After Boehner Supports Obama in Syria Military Strikes
It just seemed that military strikes by the United States and its allies in Syria were either going to be on hold or delayed. That was then sentiment after the long Labor Day weekend. That was then …...
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Eliot Spitzer: Case Study of a Broken Brand
Eliot Spitzer’s loss in his attempt to become New York City comptroller proves that brands still matter. His brand disintegrated in about the same way as BP PLC’s (NYSE: BP) did. One or two huge...
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An IPO for the U.S. Postal Service
Royal Mail Group Ltd., the U.K. postal operation, will go public soon. Among the reasons appears to be that the government would like to make money on the value of the institution and avoid the losses...
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Minimum Wage to $10, at Least in California
The announcement must have sent shudders down the backs of fast-food chain and big-box retail chief executive officers. Governor Edmund G. Brown Jr., Senate President pro Tempore Darrell Steinberg and...
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Syria’s Eight Lessons for CEOs
CEOs of almost any company of any size can learn critical lessons from the successes, and failures, of decisions made by political leaders as they have taken sides in terms of deciding which major...
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What If Bernanke Stays?
Larry Summers has lost his chance to be chairman of the Federal Reserve, brought down by arrogance, missteps as president of Harvard and close relationships to Wall Street. Widely regarded former...
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