IBM blames the cloud for its dismal results, but the fact is that IBM should own the cloud outright (figuratively, of course). If the business has changed so much in the past few years due to customer shifting, then why wasn’t IBM leading that process? Why are they now actually admitting what amounts to a dereliction of managerial duties? Since [...]
There is something very much broken in the media, particularly with regard to economic reporting. I have already commented more times than I care about the overemphasis on logical fallacies, but the proportionality of the disconnect only grows with share price inflation. Under the headline, Bull Market Shows No Sign of Death With Yellen Support, this Bloomberg article begins, “The [...]
The fact that companies coming out of the Great Recession have been running lean in terms of labor costs cuts both ways. It is a negative factor for employment growth since businesses have been very reluctant to add to staff levels without sustained revenue growth (which never materialized outside of currency translations). However, it also meant that those lucky, official [...]
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