Shouldn’t ‘Local’ Businesses Be Local?

In Alice in Wonderland, Humpty Dumpty declares: “When I use a word, it means what I choose it to mean, neither more nor less.” Well, get ready to tumble down the semantic rabbit-hole again, for giant corporations are trying to co-opt the meaning of one of...

Stop the Merger Merry-Go-Round, We Need to Get Off

What may be the dumbest corporate merger of all time—the $165 billion deal that saw AOL gobble up Time Warner a decade ago—ended just before the holidays, when AOL formally spun off into a totally separate company. That AOL-Time Warner merger had been a disaster for...
My Cat is No Fat Cat

My Cat is No Fat Cat

It’s a good thing my long-haired calico Hyacinth can’t read the newspaper. Otherwise I’m sure she’d be deeply offended by all the recent headlines about “fat cats.” President Obama used the derogatory term in an interview on...
Bye-bye, Dubai

Bye-bye, Dubai

It’s bad enough when a person drowns in debt. Shockwaves multiply when a corporation teeters on the verge of failure. The economy becomes even more agitated when a country declares bankruptcy, as Iceland did in 2008 and Hungary and Latvia almost did in 2009. But...