Tuesday September 01, 2015
May 14th, 2015
Though DuPont Co. has been trying to persuade me otherwise, I feel safe in saying that Trian Fund Management is one of the better shareholder activists around. Led by Nelson Peltz, 72, it takes stakes in good companies that, in its view, are struggling operationally. It then seeks board representation, from which vantage point it examines the company from top to bottom and presses the rest of the board to make changes that will raise the stock price.
Have you noticed that Utah doesn't seem to be worried about a military takeover?
It was the Snotsucker that really blew me away.
Times certainly have changed in the Republican Party. Gone are the times when patience was its own reward and loyal leading members would await their turn in the list of aspiring presidential candidates. No longer.
The British pound had its best day in five years as early results in the British election showed a surprise victory for incumbent Prime Minister David Cameron. The political landscape, though, remains littered with landmines that may dent enthusiasm for British assets in coming weeks -- including the prospect of Britain leaving the European Union and Scotland quitting the United Kingdom.
"Words," wrote John Maynard Keynes, "ought to be a little wild, for they are the assault of thoughts on the unthinking." I've always loved that quote, and have tried to apply it to my own writing. But I have to admit that in the long slump that followed the 2008 financial crisis - a slump that we had both the tools and the knowledge to end quickly, but didn't - the unthinking were quite successful in fending off unwelcome thoughts.
She had made a plan and now there was nothing left to do but follow it: a map in the console, a caffeinated tea in the cupholder, a tank filled with enough gas that she wouldn't have to stop for hours. Now Emily sat in front of her house in Wyoming and made a final preparation, picking up her phone and typing in an address for an abortion clinic in Montana, 407 miles away, where she would drive and then no longer be pregnant.
It's Election Day in Britain, and thanks to an unusually fractured political landscape, the results are incredibly hard to predict. Who will win? Will anybody be able to form a government?
Polls have now been open for hours, so you might expect some indication of which party (or more likely, parties) would form the government. But no, there's nothing.
It was not out of a sense of decency that the National Football League recently let go of its tax-exempt status. You see, as a tax-exempt organization, the NFL had to disclose Commissioner Roger Goodell's compensation -- $44.2 million in 2012. That seemed an excessive sum for the head of a "nonprofit" freed from having to pay any federal income tax. Now the NFL can keep it secret.
Pastor Mike Huckabee knows his Scripture. So no doubt he's familiar with Jeremiah 13:23: "Can the Ethiopian change his skin or the leopard his spots? Then may you also do good who are accustomed to do evil." Huckabee should think of that as he tries to sell himself as a conservative after governing as a moderate, if not a liberal.