By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Originally published at New Economic Perspectives
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising.
The investment decisions by four iconic technology companies comes in the midst of a heated debate over whether it is too easy for patent owners to extract large royalty payments, and whether patent buying firms spur or stifle...
As if the banks hadn’t already done enough to harm small business growth over the past few years, the research also suggests bank charges are starting to cause issues.
Respondents were polled on attitudes to banks in several key areas, with ratings from 1 to 5 – 1 being no issue to 5 being seriously damaging, with anything over 3 classed as harmful to their business.
Warren Buffett warned investors that bankers were still up to their old tricks in his recent investor letter. Vanguard founder Jack Bogle is writing about how high fee mutual funds are ripping off investors and endangering retirement security. And Fed Chair Janet Yellen is touting new, tougher capital rules for “Too Big to Fail” banks.
China Finance Online Co. (ADR) (NASDAQ:JRJC) was up around 15% today after news broke that the Hong Kong and Shanghai stock exchanges will be linked for trading in the upcoming weeks. This will allow overseas investors to invest in Shanghai, while mainland investors will be able to put money in Hong Kong’s listed firms. China Finance Online can utilize this opportunity to invest in both regions.
By Tatiana Didier, Research Economist, Office of the Chief Economist for Latin America and the Caribbean, World Bank, and Sergio Schmukler, Lead Economist at the World Bank. Originally published at VoxEU.
By Invest Chief:Pandora (NYSE: P) is an Internet music service that certainly has seen its following grow over the past few years. Unfortunately, this can lead to more competition, as other firms want a piece of that pie.