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Financial Times

Goldman Sachs Close To $1.1 Billion Fine Over Sketchy Mortgages

Reuters | Posted 08.22.2014 | Business

Aug 22 (Reuters) - Goldman Sachs Group Inc could pay about $1.1 billion to settle claims from the U.S. housing finance regulator that it sold bad mort...

If 2 Percent Is the New 4 Percent, Where Would the Economy Go From There? Let's Think It Uber!

Terry Connelly | Posted 08.12.2014 | Business
Terry Connelly

Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.

Kate Sheppard

Face Of Coal Company's Advocacy Ads Is Actually A Solar Consultant

HuffingtonPost.com | Kate Sheppard | Posted 06.11.2014 | Green

One of the public faces of a major ad campaign aimed at touting coal's benefits for the developing world is actually a solar industry consultant based...

Ryan Grim

Thomas Piketty Slaps Down Financial Press

HuffingtonPost.com | Ryan Grim | Posted 06.03.2014 | Politics

BOSTON - Thomas Piketty has no plans to respond further to Financial Times editor Chris Giles, despite the paper's insistence that it is engaged with ...

The Party of Denial

Robert Kuttner | Posted 08.01.2014 | Politics
Robert Kuttner

Can the right continue to succeed as the party of unreality? In the recent past, conservatives have denied climate change, as well as evolution. Now, their strategy is to deny the reality of increasing concentration of income and wealth. When Thomas Piketty's book appeared, providing new documentation on increasing capital concentration, the right was temporarily thrown off guard. Some resorted to the claim that inequality was, by definition, earned, and necessary to produce incentives in a capitalist system. But somehow, our market economy did just fine -- better in fact -- back in the 1950s and 1960s with far lower levels of inequality. And much of Europe matches our growth rates with far less inequality. Others simply denied that inequality has been increasing.

The Real Piketty Scandal (Is Right-Wing Deception)

Richard (RJ) Eskow | Posted 08.01.2014 | Politics
Richard (RJ) Eskow

Conservatives in all corners of the globe must have felt their hearts sing, if only for a moment, when the Financial Times ran a piece entitled "Piketty findings undercut by errors." Sadly for them, the FT's claims proved untrue.

Thomas Piketty's Response To The Financial Times

Thomas Piketty | Posted 07.29.2014 | Business
Thomas Piketty

The main message coming from my book, Capital in the Twenty-first Century, is not that there should always be a deterministic trend toward ever rising inequality; it's that we need more democratic transparency about wealth dynamics.

Ryan Grim

Thomas Piketty Rebuts FT Charges: 'Criticism For The Sake Of Criticism'

HuffingtonPost.com | Ryan Grim | Posted 05.29.2014 | Politics

Economist Thomas Piketty on Thursday released the most eagerly awaited update to a technical index in the history of publishing, responding to critici...

Ryan Grim

The Economists FT Relied On For Its Thomas Piketty Takedown Don't Buy It

HuffingtonPost.com | Ryan Grim | Posted 05.28.2014 | Politics

One of the most serious charges leveled by the Financial Times in its high-profile critique of Capital in the Twenty-First Century is that the author,...

The 'Financial Times' Said What...?!

Simon Watson | Posted 07.16.2014 | Arts
Simon Watson

I was dumfounded to read Ariella Budick's comically misguided Financial Times review of the MoMA's Lygia Clark show, calling it, "a curiously hermetic affair." Dismissal of the unknown is not what one hopes to find in an art writer.

When South Africa Called, We Answered

Danny Schechter | Posted 07.02.2014 | Media
Danny Schechter

Even as South Africa celebrates its 20th anniversary as a democracy with elections slated for next week, there has never been more rancor and anger in a land we all wanted to see as a true "rainbow nation."

(VIDEO) The Huffington Post Plans Launch in India

Andy Plesser | Posted 05.31.2014 | Business
Andy Plesser

LONDON - The Huffington is registering 44 percent of it's traffic from outside the United States via it 11 international editions, which adds up to ov...

BuzzFeed's Perelman, We Offer Video Scale To Brands

Andy Plesser | Posted 05.27.2014 | Technology
Andy Plesser

LONDON - BuzzFeed's commercial stock in trade is offering sponsored editorial articles to brand marketers. Now it is extending the offering to digital...

Procter & Gamble Blames Lagging Razor Sales On 'Movember'

AP/HuffPost | Posted 01.24.2014 | Business

Procter & Gamble's second-quarter net income fell 16 percent as the world's largest consumer products maker faced a tough comparison with year ago res...

Newspaper Apologizes For Error

Posted 12.23.2013 | Media

Sheikh Khalid bin Ahmed al Khalifa, the foreign minister of Bahrain, and Khaled Sheikh Mohammed, the alleged architect of Al Qaeda's 9/11 attacks, are...

Sandy Hook Gun-Maker Profits Up 52 Percent In Year Since Massacre

Posted 01.23.2014 | Business

The past 12 months have been unimaginably horrible for the loved ones of the victims of the Sandy Hook massacre a year ago, but they have been just fi...

Setting the Record Straight

Roger Martin | Posted 01.23.2014 | Business
Roger Martin

One might have thought that a traditional print newspaper like the Financial Times would be getting a little less arrogant as it slides toward economic extinction, but if anything, the opposite is the case, as I have experienced in the last few weeks.

WSJ Gets It Right -- Highlights Italy Probe of Soccer Clubs, Ignores FTC Probe of Oil Price Fixing

Raymond J. Learsy | Posted 08.26.2013 | Media
Raymond J. Learsy

That an issue of this importance is being virtually ignored by our press is mind-boggling to say the least, and one has to wonder what nefarious influences the oil industry and its moneyed interests are able to bring to bear.

Russian Arms, Syria and the Price of Oil

Raymond J. Learsy | Posted 08.04.2013 | Business
Raymond J. Learsy

Clearly there is a correlation between Middle East tensions and high oil prices. Are we seeing a replay of Russian policies that solidified Iranian intransigence on matters nuclear, thereby exacerbating those tensions to bring about significantly higher oil prices?

Financial Times Hacked By Syrian Electronic Army

Reuters | Posted 07.17.2013 | Media

LONDON (Reuters) - The website of British newspaper the Financial Times was hacked on Friday, apparently by the "Syrian Electronic Army", a group of h...

Financial Times Video Chief: Short-Form Video to Expand

Andy Plesser | Posted 06.25.2013 | Media
Andy Plesser

LONDON - The Financial Times is using video to increase its profile, says Josh de la Mare, global editor for Financial Times Video. Beet.TV spoke with...

The Lax Logic of Libertarians

Jag Bhalla | Posted 06.11.2013 | Politics
Jag Bhalla

Crucial questions are misframed by pitting J.S. Mill and free-market libertarian faith against Mayor Bloomberg, reason and experience.

Amazon & The Industrial Revolution

Michael Rosenblum | Posted 05.15.2013 | Business
Michael Rosenblum

Nottingham, England: Some 240 years ago, the Industrial Revolution began here, in the Midlands of England. Richard Arkwright opened his first water power mill and changed the world.

Calling for Reform in the Financial Times' MBA Program Rankings

Adam Pervez | Posted 04.17.2013 | Business
Adam Pervez

Dedicating 40 percent of a school's score to purely financial considerations seems to make a mockery of the fact that many students pursue an MBA as an avenue to higher education. Some even use that education to try and make the world a better place.

This Year in Meta-Davos

Robert Teitelman | Posted 03.31.2013 | Business
Robert Teitelman

As always -- or at least over the past decade or so -- the most fascinating thing about Davos is not the empty effrontery of it all (that's old hat) but the fact that it's not what it used to be.