Missouri’s Labor Victory Won’t Reverse the Decline of Unions

On Tuesday night, as it became clear that voters in Missouri had—by a two-to-one margin—rejected a state law meant to reduce unions’ power, the president of the AFL-CIO, Richard Trumka, declared, “The defeat of this poisonous anti-worker legislation is a victory for all workers across the country.” He added, “Tonight is the latest act of […]

Blue Apron’s steady decline in business, as well as its latest quarterly report, hint at a troubling trend in the meal-kit industry

Meal-kit service Blue Apron’s latest quarterly results point to a troubling trend in the industry. As this chart from Statista shows, business for the service has seen a steady decline since the beginning of 2016. The company’s eventual 2017 IPO, followed by a CEO replacement, didn’t do much to turn things around. Blue Apron’s quarterly […]

HTC, amidst a major revenue decline, brags about its VR revenue

Enlarge (credit: HTC) Taiwanese electronics manufacturer HTC used its position as a VR headset maker to shoot back at the industry’s critics on Thursday. The resulting story HTC tells is an interesting one, both because it makes new claims about VR revenue figures and because any brags from beleaguered HTC about revenue drip with irony […]

Trade war to accelerate decline of US empire as China & India dominance grows – Dr. Doom Marc Faber

US influence on the global economy has been gradually falling, and emerging economies like China and India can overtake the US as global leaders, according to Marc Faber, editor and publisher of The Gloom, Boom & Doom Report. Read more “The US as an empire against the rest of the world peaked in 1950s or […]

Decline of the debutante

ALAMY A debutants ball held at the Dorchester hotel in London in 1958 At St James’s Palace aristocratic daughters were presented to her when they were 17, the age considered ripe for marriage. Before the First World War, its main purpose was to act as a social adjunct to political life. But after that, it […]

Gartner: Global PC shipments fell 1.4% in Q1 2018, 14th straight quarter of decline

The PC market has now been in decline for 14 quarters in a row, according to research firm Gartner. The streak, if you will, dates back to the second quarter of 2012. For Q1 2018, Gartner found PC shipments were down globally year-over-year, while IDC reported they were flat. So far, 2018 doesn’t look like […]