How likely will Trump DOJ drop this? Consumers have choice, albeit just a handful of credible options. Nobody is forced to use Chrome (unlike MSFT pushing IE back in the day)
Always found T-Mobile to be an odd brand for the US market since Americans still refer to these devices as cell phones rather than mobiles like the rest of the world. Wonder if they considered keeping the Sprint brand instead?
Had the most sublime soba ever at Juugo in Kyoto. Small shop right off the Philosopher's Path. Literally farm-to-table, every serving made to order by chef-owner Ishhibashi-san who harvests his own buckwheat on his farm. Amazing what magic he conjures with just buckwheat and water. Try his sobagaki as well.
The two rival banks have a lot in common, essentially identical cultures and similar scandals (though arguably CS has been more poorly run in recent years). Current CEO at CS ran a big part of UBS before taking the top job
> We also have a product called Mercury Treasury. This allows you to invest in mutual funds, the safest of which is a Vanguard Treasury Money Market fund (VUSXX)
Mercury charges 60bps for their Treasury product. Why the hefty fee for buying MMFs? VUSXX expense ratio is 9bps for comparison.
Not really. Japan isn't unique in how property is valued. Real estate values in market-based economies are set by the market. Cap rates in Japan are comparable to the US and other major markets. Assigning value to land or improvements is just accounting. Buildings in Japan (and elsewhere) "lose value" over time due to depreciation, not because only land has value. There are huge tax advantages to owning real estate vs other asset classes. For example, Japanese real estate owners take advantage of accelerated depreciation for wooden structures as a tax shield.
The reason is California lacks infrastructure to collect rainwater. Rain hitting urban areas mostly heads out to the ocean or into the sewage network. The tech and engineering know-how to collect and recycle storm water at scale is available-- Singapore does a great job at this.
That's not how CPG business models work. Unilever doesn't "churn out thousands of brands" to cannibalize their own portfolio. What they are doing is building brand equity and competing for sales and shelf space vs other CPG brands-- that costs a lot of money and takes years.
The cloud kitchen model is more akin to putting lipstick on pigs...
Judging from the losses they are taking on short sales, Opendoor seems to have overpaid on the bulk of their home inventory. Ironic to get penalized for deceptive practices, but not actually profit from them.
Dried peppercorns are found in most Chinese kitchens. It's not used in every dish, but it's certainly a staple in any Chinese pantry. The related Sansho peppercorn is used like black pepper in Japanese cooking.
I tend to agree with Fred's view that this litigation will likely end with a settlement north of $1bn for Elon to walk away. Twitter BOD doesn't actually want to force Elon to buy TWTR, but has a fiduciary obligation to do so. That said, Elon is playing multidimensional chess if this TWTR bid was just a pretext to unload $8.5bn worth of Tesla stock.