India a key market for us: Blackstone senior MDIndia is a key market for us. Since inception, we’ve invested over $15 billion including nearly $8 billion in real estate, says Christopher Heady, Asia-Pacific chairman and senior managing director, Blackstone Group.
The question is complicated by a separate but important issue: checking monopoly power bestowed by the internet on early movers. Historically, a monopoly was defined as a producer, or bunch of producers, gaining such a high market share that they could manipulate prices and supply to mulct consumers.
An interconnected nation like ours cannot stand still. Nowhere is this more obvious than in the airline industry. When people cannot move efficiently, it spills over to all sectors of our economy. In fact, before the pandemic, commercial aviation drove 5% of U.S. GDP and helped support 10.6 million U.S. jobs, according to the Federal […]
President Donald Trump over the weekend signed executive orders and memorandums that encompassed everything from enhanced unemployment benefits, to extending students loan deferments, to deferring some payroll taxes. That came after a breakdown of negotiations last week on a broad stimulus package between Democratic and Republican leaders. But on other some items, like a second […]
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. The U.S. is continuing its retreat from its grim July record of more than 70,000 new daily coronavirus cases. Yesterday, the New York Times reported 53,344 new cases and an average of 53,723 cases […]
Facebook COO Sheryl Sandberg on Wednesday said the social media company needs to work with whoever wins the 2020 U.S. election to address their concerns about Big Tech.
Cisco now expects the fourth consecutive quarter of revenue declines, hurt in part by the coronavirus pandemic.