News 

Digital First Media outbids competition for Boston Herald

“Digital First Media beat two other bidders for the Boston Herald in a 5-hour bankruptcy auction held Tuesday with an $11.9 million bid” writes Associated Press for nypost.com. Herald publisher Patrick Purcell previously cited declining revenue, digital media and growing competition in the decision to file for Chapter 11 bankruptcy.BOSTON — A Denver-based company has emerged as the winning bidder for a Boston newspaper that filed for bankruptcy in December. Source: nypost.com Share This:

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Competitors pound down paczki at Flint-area Fat Tuesday eating contests

“Asked how he felt physically after the competition, Evans was in good spirits” writes Roberto Acosta for mlive.com. Much like Buck, Evans’ strategy was to incorporate a hurried, controlled tempo.Bridgeport resident Russ Buck swept into the Flushing store and dusted the competition by downing five paczki in three minutes during the first-ever eating competition hosted by the Flushing Area Chamber of Commerce. Source: mlive.com Share This:

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Markets News Stocks 

Big Profits Drove a Stock Boom. Did the Economy Pay a Price?

“Eggertsson and his colleagues built an alternative model of the American economy by doing away with the assumption of perfect competition” writes Eduardo Porter for nytimes.com. They pad corporate profits and send stock prices sky high.In a more orthodox economy, declining rates on corporate bonds would encourage a surge in corporate investment.In this economy, stock prices don’t just reflect the future stream of normal economic returns that would accrue to a company’s capital investment.They also include a claim to a stream of rents that generate “pure profits.” These profits can’t…

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News Platforms 

Revain to giveaway Lamborghini Huracan in the…

“Revain platform is available on https://dashboard.revain.org/ Find out more about Revain: https://revain.org/” writes Guest User for livebitcoinnews.com. Revain is thrilled to announce unique competition in partnership with KuCoin exchange where Lamborghini Huracan Coupe will be presented as the main prize.Revain released version 0.4 of the platform in January 2018 with a target to deliver full release 1.0 as early as Q2 2018.The competition will mark a historic milestone as Revain is continuing gaining momentum both in terms of product development and popularity as well as token performance. Source: livebitcoinnews.com Share This:

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Trump can’t start a Cold War with China, even if he wants to

“Unlike the U.S.-Soviet competition for global leadership during the Cold War, both China and the U.S. today avoid undertaking excessive international responsibility” reports washingtonpost.com. This rhetoric, backed up by formal doctrine, understandably brings about fears that Sino-U.S. competition may drive the world into a new Cold War.Yet, while America’s new policy toward China will inevitably have a strong impact on international politics, it does not necessarily mean a coming Cold War. Source: washingtonpost.com Share This:

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EU regulators say they will probe Apple’s acquisition of Shazam

“EU antitrust regulators will examine iPhone maker Apple’s acquisition of British music discovery app Shazam following a request from seven European countries” writes unknown author for cnbc.com. The EU regulator can either clear the bid with or without conditions or open a full-scale investigation if it has serious concerns.The EU antitrust enforcer said that based on preliminary data provided by the seven countries, the deal may have a significant adverse effect on competition in Europe.Apple had sought approval for the deal from the Austrian competition agency because the bid falls…

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