A grand settlement looks unlikely in the short term“IN THE SHADOW of their own profound failures, DoJ and DEA now seek to retroactively impose…requirements that are not found in any law.” Unusually strong words to hurl at America’s Department of Justice and its Drug Enforcement Administration. They come from an unusual lawsuit filed by Walmart…
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The clean-energy utility has surpassed ExxonMobil in market capitalisaion—and shows no signs of slowingTO MANY INVESTORS, backing an American oil company looks only slightly shrewder than stuffing cash in a blender. Facing covid-19 and old concerns over low returns, the industry is scrambling to boost efficiency. On October 19th ConocoPhillips said it would pay $9.7bn…
When we think about the workforce in the Indian real estate sector, the first image that comes to mind is of labourers on construction sites. But the industry, one of the largest employment generators in India with a workforce of around 7 million, also employs over 300,000 white-collar professionals.So, in March, when the Covid-19 pandemic…
Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail…
Biometric data is derived from measuring and calculating unique human characteristics like fingerprints and palm prints. For decades, these basic forms of biometric data have been used to grant access to secure areas. For example, employees are often required to scan their face, eyes, palm, or thumb to gain access to high-security areas. Similar to…
Shock me like an electric steal Despite the recession caused by the COVID-19 pandemic, at least one sector of the economy seems to be booming: residential construction. Specifically, the construction of single-family homes. Mortgage rates are low, and demand is high as work-from-home life has led many Americans to dream of having a bit more…
A Italian staple is a pandemic favouriteSUPERMARKET SHELVES stripped bare by stockpilers were familiar scenes as anxious shoppers loaded up with toilet rolls and pasta when lockdowns were first imposed. The taste for long-lasting dried food has been a boon for Italy, a country in deep recession. Although Italians remain the biggest eaters of pasta…
Old-fashioned machines make a comebackDESPITE THE autumn chill, a group has gathered in front of the Iron Horse Royal Enfield dealership, a small stone building set in the Connecticut hills. A woman sits on a motorcycle, its single-cylinder engine thumping with a distinctive sound. In the window a striking chrome-and-black model looks much like what…
The new boss deserves credit for largely sticking with a successful strategyCHRIS KEMPCZINSKI is anything but supersized. One year into his tenure, the CEO of McDonald’s is a lean-framed 52-year-old who runs marathons. Hard to believe, then, that he eats a McDonald’s meal twice a day, five days a week. “There are days when I’m…
HERE IS A test. Assign a score of 1 to 5, where 1 is “strongly agree” and 5 is “strongly disagree”, to the following statement: “I really care about my work.” If you have answered that kind of question before, you have probably applied for a job at a large company. Psychometric tests, as they…