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The Antitrust Lessons of the OpenAI Saga

The high-stakes battle for control of the tech start-up was a case study in the corporate strategy of vertical outsourcing. ....

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Elizabeth Warren Wants To Know How Hertz Went From Bankruptcy To Buybacks In Six Months

Good question. The answer is that corporate success these days looks an awful lot like failure. ....

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Steering Finance

Steering Finance
bostonreview.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bostonreview.net Daily Mail and Mail on Sunday newspapers.

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The GameStop Saga and the Incoherent Politics of the Stock Market

The GameStop Saga and the Incoherent Politics of the Stock Market
Republicans have long encouraged stock ownership in the belief that it will turn Americans conservative, but does the evidence bear that out?
Spencer Platt/Getty Images
The recent furor regarding speculation in the stock of GameStop which soared far beyond its fundamental value, due to a technique known as a short squeeze has focused attention on the nature of the stock market and what it means both politically and economically. CNN’s Chris Cillizza sees the bipartisan hostility toward hedge funds so far, the big losers in the GameStop imbroglio as a manifestation of Trumpian populism. But critics of market manipulation, such as Senator Elizabeth Warren, see it as another reason to ramp up government regulation. ....

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