Reports of Globalization’s Death Are Greatly Exaggerated

Reports of Globalization’s Death Are Greatly Exaggerated

LONDON, June 18 (Reuters)--Claims that globalization has peaked are misplaced, the Bank for International Settlements, the central bank for the world’s central banks said on Sunday, although policymakers need to manage its side...

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Sears says it will close 20 more stores

The move is called “yet another sign that Sears’ business model no longer works.”

Millennials Use Public Libraries More Than Other Generations

Survey results released by Pew this week show that millennials are substantially more likely than Gen Xers or Baby Boomers to use public libraries. Fifty-three percent of millenials, defined as those between 18 and 35 when the...

Pirates Hit With $15 Million in Damages For Stealing Research Papers

Dutch academic publisher Elsevier has been awarded $15 million in damages in a suit against Sci-Hub and LibGen, two portals that make academic research available online for free. The judgment was made in a New York district court...

Costco Stock Suffers Massive Slide after Amazon-Whole Foods Deal

It's a bad time to be in the grocery business, or anywhere near it. That, at least, was the message markets sent Costco this week, as the bulk retailer's stock took a vertiginous 12.7% drop in the week leading up to...

Google’s Elite Project Zero Hackers Teach Business a Lesson

A lesson to be drawn from my feature, published Friday, on Google’s Project Zero, the search giant’s elite computer bug hunting squad, is: You can do everything in your power to make sure your digital defenses are up to snuff,...