March 26, 2015
"Nigeria becomes Africa's biggest economy," proclaimed the BBC in April 2014. By "rebasing" its gross domestic product (GDP), Nigeria was able to show that its economy is even bigger than South Africa's. Here's an example of Nigeria's transformation. Only 25 years ago, this news would have been broadcast on the BBC World Service via short wave radio. Then the word might have spread over the unreliable...
March 25, 2015
In 2006, Google engineer Chade-Meng Tan decided he no longer wanted to feel like a cog in the great machine and set out to create a program that would train people to be more mindful in their lives. This wasn’t some Kumbaya moment; Tan’s ambitious course would train people to become more aware of their emotions, more compassionate toward others, more able to build sustainable relationships, and, ultimately, contribute to...
March 25, 2015
Kraft Foods Group Inc. will merge with H.J. Heinz Co. in a deal orchestrated by 3G Capital and Warren Buffett’s Berkshire Hathaway Inc., creating the third-largest food and beverage company in North America. Kraft shareholders will receive 49 percent of the stock in the combined entity, plus a special cash dividend of $16.50 a share, the companies said in a statement Wednesday. Berkshire and 3G will invest $10 billion in the new...
March 24, 2015
The latest mobile merger deal is good news for shareholders—and bad news for everyone else After extensive due dilligence Hutchison Whampoa, a Hong Kong conglomerate, announced on March 24th its intention to buy O2, Britain’s second-largest mobile operator, to merge it with Three, the country’s smallest. Whether the marriage, which has been in the works since late January and is worth £10.25 billion ($15.27 billion),...
March 24, 2015
Soon after the U.S. and other major powers entered negotiations last year to curtail Iran’s nuclear program, senior White House officials learned Israel was spying on the closed-door talks. The spying operation was part of a broader campaign by Israeli Prime Minister Benjamin Netanyahu’s government to penetrate the negotiations and then help build a case against the emerging terms of the deal, current and former U.S. officials...
March 20, 2015
America’s middle class is shrinking in every state in America. A new analysis by the Pew Charitable Trusts' Stateline blog, shows that the percentage of middle-class households -- defined as those earning between 67 and 200 percent of a state’s median income -- dropped in every U.S. state between 2000 and 2013. Median income also fell in most states during that period. Wisconsin, Ohio, North Dakota, Nevada, and...
March 20, 2015
At 6:47 p.m. in New York, the sun will cross the celestial equator and spring will begin in the Northern Hemisphere. The big moment will occur at 10:47 p.m. in London, 7:47 a.m. Saturday in Tokyo. In Wellington, New Zealand, and Sydney, as well as Sao Paulo and the rest of the Southern Hemisphere, autumn will descend at the same time. Aside from its annual trip north across the equator, the sun has been busy this week. It may not be quite...
March 17, 2015
Startups achieve astronomical valuations in exchange for protecting new investors Snapchat, the photo-messaging app raising cash at a $15 billion valuation, probably isn't actually worth more than Clorox or Campbell Soup. So where did investors come up with that enormous headline number? Here's the secret to how Silicon Valley calculates the value of its hottest companies: The numbers ...
March 16, 2015
Will this be the year they get it right? If there’s one call that investors and economists almost always seem to get wrong, it’s the direction of long-term interest rates. For years economists have been predicting that rates would rise, yet rates have been on a downtrend for ages. Over the years, a variety of reasons have been given for the forecasted rise. Inflation and the amount of government spending have often been cited....
March 16, 2015
Top civil liberties group calls for greater transparency regarding ‘targeted killing program’ and how officials handle possibility of civilian deaths As the US debates expanding its campaign against the Islamic State beyond Iraq and Syria, the leading US civil liberties group is intensifying its efforts to force transparency about lethal US counterterrorism strikes and authorities. On Monday, the American Civil Liberties Union (ACLU) will file...


Off the Wires

March 25, 2015
Kraft Foods Group Inc. will merge with H.J. Heinz Co. in a deal orchestrated by 3G Capital and Warren Buffett’s Berkshire Hathaway Inc.,...
March 24, 2015
Soon after the U.S. and other major powers entered negotiations last year to curtail Iran’s nuclear program, senior White House officials...
March 20, 2015
At 6:47 p.m. in New York, the sun will cross the celestial equator and spring will begin in the Northern Hemisphere. The big moment will occur at...
March 16, 2015
Top civil liberties group calls for greater transparency regarding ‘targeted killing program’ and how officials handle possibility of civilian deaths...
March 10, 2015
For more than a decade, John Ramsay had red tape over his mouth. Now that he’s left government bureaucracy, he says he’s been “...

Value Blog

March 26, 2015
"Nigeria becomes Africa's biggest economy," proclaimed the BBC in April 2014. By "rebasing" its gross domestic product (GDP...
March 25, 2015
In 2006, Google engineer Chade-Meng Tan decided he no longer wanted to feel like a cog in the great machine and set out to create a...
March 24, 2015
The latest mobile merger deal is good news for shareholders—and bad news for everyone else After extensive due dilligence Hutchison Whampoa...
March 20, 2015
America’s middle class is shrinking in every state in America. A new analysis by the Pew Charitable Trusts' Stateline blog,...
March 17, 2015
Startups achieve astronomical valuations in exchange for protecting new investors Snapchat, the photo-messaging app raising cash at a...

Altruism Today

March 25, 2015
Analysis of the Bill and Melinda Gates Foundation’s most recent tax filing reveals huge investments in the world’s biggest fossil fuel companies The...
March 24, 2015
With the largest donation in the history of the foundation, it has previously given large sums to Cambridge of the Royal College of Arts Imperial...
March 22, 2015
When I found out that the National Football League (NFL) -- the most profitable sports league in the world -- is a nonprofit, I couldn’t believe it...
March 20, 2015
A few weeks ago, NPQ published a newswire about “defensive architecture,” urban design that is hostile to humans. The...
March 16, 2015
Source: Mother Jones Josh Harkinson reports for Mother Jones that a global nonprofit called Avaaz has petitioned the Internal Revenue Service to...

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Value is the only commonality in an increasingly complex, challenging and interdependent world.
Laurance Allen: Editor + Publisher