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Of course, the vast majority of the 2 million new corporations formed in the U.S. every year are legitimate businesses, taking advantage of these vehicles' ability to fence off liability so that entrepreneurs are not risking their entire financial viability in any one venture. In practice there can be multiple...
I suspect the folks complaining about the iPad's alleged read-only bias will look exactly like the folks who argued that Apple was screwing over developers in the spring of 2007. To argue in good faith that Jobs and Apple are not committed to user-created media is to...
Like what? One approach is to lay on a heavy cost of being big. Too-big-to-fail banks should have a capital cost that will make it a disadvantage to compete in the riskiest parts of the financial-services market. I also like President Obama's recent proposal, the...
Continental and two former employees are on trial for involuntary manslaughter, for having allowed a piece of titanium known as a wear strip to drop off one of the airline's DC-10 planes as it taxied down the runway two aircraft ahead of the fateful Air France Concorde, on...
There's no doubt, though, that all sides are looking for a way out of the stalemate that has produced Iran's longest period of domestic political instability since the 1979 revolution. One state broadcaster recently suggested that much of the postelection protest was the result of sexual frustration on...