Poisoned daughter of former Russian spy, Yulia Skripal, had 'secret bank account', revealed relative
AFL shifts goalposts on Gillon McLachlan pay disclosure
Ten years' jail for tax scam that broke records
Corruption doesn't pay, watchdog warns.
More than $2.4 million in assets has been returned to the public purse.
Exclusive: Inside the Australian Tax Office's crisis management team
Drugs, lies, bribery exposed in Virginia’s transportation agency Fredericksburg.com. JTM: “A reminder that corruption never sleeps… unless it’s with a sex worker or subordinate…”
Capital-is-Me: Conditioned to Cheer for the Rich as We Despair in Economic Anxiety Ghion Journal
Paul Davis On Crime: My Piece On Cosa Nostra: The Threat Of Organized Crime In America
What James Franco’s comedy doesn’t get about the memoir ‘The Disaster Artist’
Oral evidence: Russian Corruption and the UK, HC 932House of Commons Foreign Affairs Committee (Richard Smith). Richard Smith: “Unexpected entertainment: the sudden dumping on Liam Fox, who, as usual, deserves it. Note also that these guys aren’t necessarily convinced about the Putin-Salisbury connection and don’t mind saying so. Lastly it should be ‘Tallberg and Uniwell’ not ‘Torberg and Uniworld,’ mishearing by the transcriber; an extreme connoisseur’s point, admittedly.”
Forbes: “Capitalism’s global conquest continues as entrepreneurs around the globe mint fortunes in everything from cryptocurrencies to telecom to bridal dresses. Forbes has pinned down a record 2,208 billionaires from 72 countries and territories including the first ever from Hungary and Zimbabwe. This elite group is worth $9.1 trillion, up 18% since last year. Their average net worth is a record $4.1 billion. Americans lead the way with a record 585 billionaires, followed by mainland China with 373. Centi-billionaire Jeff Bezos secures the list’s top spot for the first time, becoming the only person to appear in the Forbes ranks with a 12-figure fortune. Bezos’s fortune leapt more than $39 billion, the list’s biggest one-year gain ever. He moves ahead of Bill Gates, who is now number 2. It is the biggest gap between no. 1 and 2 since 2001. Bernard Arnault, with a fortune of $72 billion, reclaims the title of richest European for the first time since 2012. There are 259 newcomers including the first ever cryptocurrency billionaires; two Canadians whose toy company is behind Hatchimals and PAW Patrol; two Americans who founded online retailer Wayfair; and a 35-year-old heiress who runs In-N-Out Burger. Even in such a strong year, 121 dropped out due to falling fortunes or political headwinds, including all 10 Saudi Arabians. Click here for more on Forbes methodology, credits and acknowledgments.”
The Real Retail Killer – “We are in the midst of a mass extinction in retail. Over the past five years, dozens of retailers—once the bedrock of malls across the country—have shuttered. The most recent victim was Toys ‘R’ Us, which announced it was going out of business last week, a collapse that could cost as many as 33,000 jobs.Many are blaming the storesthemselves for failing to adapt to the rise of e-commerce and changing consumer habits. Others have pointed the finger at the rise of one-stop-shopping behemoths like Walmart and Target, both of which have made life hell for category killers like Toys ‘R’ Us. Some see the enduring impact of the Great Recession, while others still—including Toys ‘R’ Us—blame millennials for not having enough kids. These explanations have some merit (with the exception of the millennials one). But the biggest ongoing threat to retail is debt. Over the past several years a number of major retailers have been saddled with billions of dollars in debt by private equity firms. Toys ‘R’ Us, for instance, was hit with over $5 billion in additional debt after it was acquired by private equity firms KKR and Bain Capital in 2006. With annual interest payments of over $400 million a year, Toys ‘R’ Us didn’t have a chance. Private equity is remaking the retail environment, causing even successful companies like Toys ‘R’ Us to go out of business. And they’re fundamentally remaking American commerce in the process, with Amazon, Target, Walmart, and Dollar General set to benefit. Meanwhile, private equity is more or less getting off scot-free…”
Paul Davis On Crime: My Piece On Cosa Nostra: The Threat Of Organized Crime In America
What James Franco’s comedy doesn’t get about the memoir ‘The Disaster Artist’
Oral evidence: Russian Corruption and the UK, HC 932House of Commons Foreign Affairs Committee (Richard Smith). Richard Smith: “Unexpected entertainment: the sudden dumping on Liam Fox, who, as usual, deserves it. Note also that these guys aren’t necessarily convinced about the Putin-Salisbury connection and don’t mind saying so. Lastly it should be ‘Tallberg and Uniwell’ not ‘Torberg and Uniworld,’ mishearing by the transcriber; an extreme connoisseur’s point, admittedly.”
Forbes: “Capitalism’s global conquest continues as entrepreneurs around the globe mint fortunes in everything from cryptocurrencies to telecom to bridal dresses. Forbes has pinned down a record 2,208 billionaires from 72 countries and territories including the first ever from Hungary and Zimbabwe. This elite group is worth $9.1 trillion, up 18% since last year. Their average net worth is a record $4.1 billion. Americans lead the way with a record 585 billionaires, followed by mainland China with 373. Centi-billionaire Jeff Bezos secures the list’s top spot for the first time, becoming the only person to appear in the Forbes ranks with a 12-figure fortune. Bezos’s fortune leapt more than $39 billion, the list’s biggest one-year gain ever. He moves ahead of Bill Gates, who is now number 2. It is the biggest gap between no. 1 and 2 since 2001. Bernard Arnault, with a fortune of $72 billion, reclaims the title of richest European for the first time since 2012. There are 259 newcomers including the first ever cryptocurrency billionaires; two Canadians whose toy company is behind Hatchimals and PAW Patrol; two Americans who founded online retailer Wayfair; and a 35-year-old heiress who runs In-N-Out Burger. Even in such a strong year, 121 dropped out due to falling fortunes or political headwinds, including all 10 Saudi Arabians. Click here for more on Forbes methodology, credits and acknowledgments.”
The Real Retail Killer – “We are in the midst of a mass extinction in retail. Over the past five years, dozens of retailers—once the bedrock of malls across the country—have shuttered. The most recent victim was Toys ‘R’ Us, which announced it was going out of business last week, a collapse that could cost as many as 33,000 jobs.Many are blaming the storesthemselves for failing to adapt to the rise of e-commerce and changing consumer habits. Others have pointed the finger at the rise of one-stop-shopping behemoths like Walmart and Target, both of which have made life hell for category killers like Toys ‘R’ Us. Some see the enduring impact of the Great Recession, while others still—including Toys ‘R’ Us—blame millennials for not having enough kids. These explanations have some merit (with the exception of the millennials one). But the biggest ongoing threat to retail is debt. Over the past several years a number of major retailers have been saddled with billions of dollars in debt by private equity firms. Toys ‘R’ Us, for instance, was hit with over $5 billion in additional debt after it was acquired by private equity firms KKR and Bain Capital in 2006. With annual interest payments of over $400 million a year, Toys ‘R’ Us didn’t have a chance. Private equity is remaking the retail environment, causing even successful companies like Toys ‘R’ Us to go out of business. And they’re fundamentally remaking American commerce in the process, with Amazon, Target, Walmart, and Dollar General set to benefit. Meanwhile, private equity is more or less getting off scot-free…”
How corporate dark money is taking power on both sides of the Atlantic Guardian
Internal posts show Facebook workers condemning leakers and fearing ‘spies’ Guardian
France paralysed as unions revive the spirit of 1968 The Times
Internal posts show Facebook workers condemning leakers and fearing ‘spies’ Guardian
France paralysed as unions revive the spirit of 1968 The Times
Stress May Not Only Affect The Brains Of The Stressed Psychology Today
We now have the first clear evidence cell phone radiation can cause cancer in rats MIT Technology Review