The New Yorker’s Atul Gawande has an excellent piece this week about why healthcare costs vary from one city to another. Gawande focuses on the cultural reasons behind geographical differences in healthcare costs. In some cities, influential doctors or institutions have emphasized that medicine is a business so physicians should try to maximize their profits. […]
Posted on May 30th, 2009 by
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Germany’s Opel might have a Canadian owner soon.
With its current owner, General Motors, facing a very-likely bankruptcy, Germany desperately wanted a new owner for Opel to save it from insolvency, save thousands of workers from unemployment and save the politicians from failing in re-elections.
After hours of talks with Italian automaker Fiat and Canadian auto parts supplier Magna International, […]
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With property markets stabilising and hopes that the worst of the financial crisis is behind us, Europe’s banks are now looking to resolve their next biggest problem: 225 billion pounds of loans backed by UK commercial property.
As Sinead Cruise and I wrote earlier today, banks are now organising to sort through this massive debt pile, […]
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Reuters’ Emily Chasan will be sending live updates from the Chrysler sale hearing in U.S. Bankruptcy Court on Friday starting at 9 a.m. Read her updates on DealZone or follow the DealZone Twitter account.
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Barclays Capital is thinking big. As Reuters banking correspondent Steve Slater wrote earlier:
“Barclays Capital, the investment bank arm of Britain’s Barclays Plc (BARC.L), will hire more than 750 staff this year as part of its plan to win leading positions in equities and M&A advisory, a top executive said.
“The bank, which bought the U.S. business […]
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CARLSBAD, CALIF. — Microsoft’s Bing may be an improvement in search, but short of anticipating queries and “hitching up to my synapses” it’s probably not enough to get people to change their habits, says Paul Kedrosky, senior research adviser a
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Posted on May 29th, 2009 by
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The AllThingsD conference is over, so let the post-op begin!With the conference fresh in my mind (but my mind not fresh after taking the red-eye) Henry and I discuss some of the key themes and big takeaways from the D7 confab, including
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From TheBusinessInsider.com, May 29, 2009GM will file for bankruptcy on Monday, Bloomberg says.
It will then split into a “good GM, bad GM,” with the good GM looking
to be profitable within 60-90 days. In a change from the previous
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