State

European state rail firms face scrappy new competitors
incomerevealed.com

THE opening of Britain’s Liverpool and Manchester Railway in 1830 marked several firsts in rail history. It was the world’s first inter-city line. It was the scene of the first widely reported passenger fatality. And it was also the first where all trains were hauled by the track owners. Previous lines had seen competition between […]

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Sir Martin Sorrell leaves WPP in a sorry state
incomerevealed.com

DURING his spectacular rise from London beancounter to the globe-trotting boss of WPP, the advertising powerhouse he created out of a backstreet wire-basket and trolley company, Sir Martin Sorrell was rarely sentimental. The man who helped turn a ramshackle but chic industry into a global force poached accounts mercilessly and often pitted his own firms […]

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One of Russia’s most successful private entrepreneurs sells–to the state
incomerevealed.com

IN THE Russian business community Sergei Galitsky served as a rare example of a self-made billionaire who rose with relatively little state help and outside the natural-resources trade. He built his retail company, Magnit, from scratch into Russia’s largest network; it has more than 16,000 stores. Rather than moving to Moscow, he kept his headquarters […]

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A rash of bankruptcies hits Chinese lenders backed by state firms
incomerevealed.com

THE Communist Party dominates China’s economy and uses state-run companies, which it controls with an iron fist, to enforce its diktats. Or so the theory goes. Reality is messier: the party often struggles to monitor state-owned enterprises (SOEs), let alone to get them to toe its line. As it convenes its five-yearly congress, one of […]

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A Sad State Of Affairs: Mayweather Vs. McGregor Pre-Fight Circus
incomerevealed.com

Floyd Mayweather and Conor McGregor are set to take the boxing stage on in Nevada on August 26th. The press tour has sparked controversy, has the business of sports gone to far?

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Alaskans Have Been Getting Free Cash From the State Since 1982. Mark Zuckerberg Thinks the Rest of the Country Should, Too
incomerevealed.com

The Facebook founder is a major supporter of ‘universal basic income.’

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A giant cement firm may have unwittingly funded Islamic State
incomerevealed.com

KEEPING cool in the heat of war is not easy. That might help explain why LafargeHolcim, a French-Swiss cement-maker, blundered so badly while running operations in Syria as fighting raged. On April 24th the firm said that its chief executive, Eric Olsen, will go, a casualty of a growing scandal over its activities in the […]

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What Is the Real State of Online Business Lending?
incomerevealed.com

Some say the industry maturing, but a bubble may be getting ready to burst.

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How The State Of Bitcoin Will Have Major Effects On Society
incomerevealed.com

This is how Bitcoin is changing the way we think of money.

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Report: Thousands of Sandy families waiting on state
incomerevealed.com

The DCA says that it has undertaken “robust outreach efforts” to connect low- or moderate-income residents or those who aren't proficient in English to the available assistance. In a report to their federal benefactors made public this week, the state …

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