We have the first quarter's gross domestic product figures for the United States and they're not looking good. On an annualised basis that growth was only 0.7%, well down from the 2.1% of the preceding quarter. And to be honest about this it just doesn't sound right. Or perhaps to…
Venture capitalists say startups are taking on too much risk, and a shakeout is inevitable. But they’re not saying who will be shaken out. It wasn’t long ago that startups refused to reveal their valuations. It makes sense—valuations are paper money, after all. They’re based on the company’s ability to…
Anglo American Plc dropped to a new record low after scrapping its dividend for the first time since 2009 and pledging deeper spending cuts to help the mining company withstand a collapse in commodities. The company will suspend its payouts for the second half of this year and for 2016,…
