theglobeandmail65d ago
Terrestar chair looks to build competitive network with the help of other middle powers
Montreal-based satellite company is hoping to raise about $500-million for the development of a low-Earth-orbit
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Financial News
newsweek65d ago
US Could Lose Millions of Tourists
The Trump administration proposed making social media history from the last five years a mandatory part of an ESTA application.
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zerohedge65d ago
EU Inc: Can Brussels' Latest Corporate Reform Escape Bureaucracy's Grip
EU Inc: Can Brussels' Latest Corporate Reform Escape Bureaucracy's Grip Submitted by Thomas KolbeThe European Commission is responding to mounting criticism of over-bureaucratization with the introduction of a new corporate legal form. “EU Inc” is intended to create a uniform legal structure that applies across the entire European Union economic area. A charming idea—but one that quickly sinks in the general bureaucratic madness.The European Union has reached a point where it is considered lucky if a handful of days pass without new regulatory initiatives from the Brussels central apparatus.To ease some pressure and deflect growing criticism of the EU’s bureaucratic jungle, Commission President Ursula von der Leyen presented the idea of a Europe-wide corporate legal form during the World Economic Forum in Davos.The proposed new pan-European company type is called EU Inc. It would become the 28th European legal form, alongside national corporate types such as GmbH, SA, or Limited.What von der Leyen pitched as an innovative project aims to simplify company formation for startups and scale-ups. The goal is to operate cross-border in all 27 member states of the Single Market without needing to create additional subsidiaries to comply with each nation’s legal requirements.EU Inc is intended to enable a uniform, fully digitalized formation and administration process. Companies could be registered online within 48 hours—without a notary and without cumbersome paperwork.The Commission also plans to introduce a central EU register, functioning as a one-stop shop and providing transparency on company formations, capital increases, and ownership structures. The project is currently in the early parliamentary consultation phase and could take effect in national law no earlier than 2027.The Commission’s idea is attractive. Besides facilitating fast and simple company formation, it would be the first substantial initiative in years moving beyond mostly repressive regulation—truly aimed at deepening the European Single Market.Faster market entry, simplified mergers, and potentially easier venture capital financing could follow—if national tax deregulation also occurs. That, however, seems unlikely given European regulatory practices.The politically oft-cited capital markets union would thus receive its first, modest boost—a real-world link to the situation of entrepreneurs. Evidently, fragments of criticism from the business world occasionally reach Commission circles—who would have thought?Where Are the Entrepreneurs?As always with Brussels initiatives, the devil is in the details. First, national adoption of this new legal form must be achieved.It is expected that powerful lobbying groups—from tax advisors to auditors—will work intensively to protect their interests, which are largely derived from the complexity of tax law, capital requirements, and formation procedures.Over any supposed liberalization of economic activity looms the long shadow of European regulatory policy.This is the real crux of European politics. Considering the economic structure of the European economy, one inevitably asks: where are the entrepreneurs who would even be willing or able to utilize this new EU Inc framework?A single number illustrates the grotesque regulatory work of Brussels: last year alone, the European economy was flooded with over 1,400 new EU legal acts. That’s four new regulations per day. Directives, regulations, delegated acts, implementing acts—companies are drowning in an ideologically driven Brussels regulatory swamp.CO2 policies and supply chain directives are often in focus, scrutinizing every economic activity in detail and generating immense bureaucratic costs. Entrepreneurs increasingly work to fund administration—less to serve their markets.What we see in Brussels is classic bureaucracy: once established, politically nurtured, and treated as a political vanguard, it develops a life of its own. Cynically, the production of legal acts is the only “good” keeping it alive.The truth of this bureaucratic phenomenon often reveals itself openly—when politicians proudly list the laws they initiated, without any understanding of real economic life. It is the work record of a gravedigger, carving a path through the increasingly paralyzed productive sector of society.Political and media support for EU climate regulation has created a self-referential bureaucracy now spreading into member states. With state quotas beyond 50%, the Rubicon of economic imbalance is crossed. Europe risks becoming a purely administrative hub while productive economy steadily shrinks.The parasitic body consumes its host, accelerating its decay. Europe is degenerating into an administrative site with declining production activity.Centrifugal Forces Gain MomentumEU Inc could indeed be a charming solution for deepening the Single Market—if one day an orderly regulatory turnaround is initiated.It is quite likely that the accelerating downward spiral of high public debt, falling productivity, rising unemployment, and a dramatic geopolitical decline of the continent will eventually pave the way for a conservative, market-oriented shift.For Brussels central planners, particularly in Eastern Europe, a political storm is brewing that, once unified, could one day shatter the regulatory chains.From a German perspective, however, it seems likely that the driving forces of climate-socialist transformation—undoubtedly concentrated in Berlin—will marshal their forces to continue the fatal path toward a command economy after breaking with the opposition.* * * About the author: Thomas Kolbe, a Germany a graduate economist, has worked for over 25 years as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination. Tyler DurdenThu, 02/05/2026 - 05:00
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logandaily65d ago
Economic Roundtable brings Spring 2026 Speaker Series to Marietta College
MARIETTA, Ohio — The Economic Roundtable (ERT) of the Ohio Valley will continue its 2025-26 programming with the Spring 2026 Speaker Series, bringing nationally recognized leaders in economics, public policy, and environmental regulation to the Mid-Ohio Valley for a series...
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eagletribune65d ago
Londonderry, Derry voters to review school and town budgets at weekend meetings
Voters in the Londonderry School District will meet Feb. 6 to review a proposed $94.9 million operating budget and several warrant articles during the district’s annual deliberative session.
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enca65d ago
US households become increasingly strained in diverging economy
US households become increasingly strained in diverging economyEstelle.BronkhorstThu, 02/05/2026 - 12:00 WASHINGTON - Although US economic growth has been solid, with President Donald Trump's administration touting Wall Street records and tax relief, analysts warn that a "K-shaped economy" has taken hold.This is a situation where wealthier households benefit from rising asset values, but median- and lower-income families increasingly struggle.Nearly 60 percent of consumer spending in the third quarter last year came from the top 20 percent of income earners, according to Mark Zandi of Moody's Analytics.In the greater Washington area, some 36 percent of households experienced food insecurity in the past year, according to the Capital Area Food Bank."We're seeing more individuals in what we would traditionally consider higher-income quartiles," said Radha Muthiah, the food bank's CEO.That means a family of four making $90,000 to $120,000 a year could find themselves in need of "extra assistance in putting food on the table," she told AFP.A key reason is "prolonged, sustained levels of inflation" after the Covid-19 pandemic, with wage growth not keeping pace, Muthiah said.Food prices in December were 3.1 percent higher than a year ago, although Trump has said there is "virtually no inflation."Beyond the US capital area, a New York Times/Siena poll in January flagged a widespread belief that a middle-class lifestyle is out of reach for most people.
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openpr65d ago
Profitwithwifi.com Reviews & News: Investors Can Trace Their Lost Funds (Update Released)
InvestorWarnings.com has issued a new update on the Profitwithwifi.com case. Trace Your Lost Funds Here:https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/ Regulatory Warnings Against Profitwithwifi.comProfitWithWiFi.com - also marketed under names like Wifi Profits - has been subject to numerous cautionary warnings and risk indicators from independent
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nationaldailyng65d ago
Google surpasses $400b in annual revenue for the first time, driven by AI and Cloud Growth
Google parent company Alphabet Inc. has crossed a historic milestone, reporting annual revenue exceeding $400 billion for the first time in its history, fueled by aggressive investments in artificial intelligence and robust growth in its cloud computing division. The tech giant’s latest financial results mark a significant achievement for the company, which has transformed from [...]The post Google surpasses $400b in annual revenue for the first time, driven by AI and Cloud Growth appeared first on National Daily Newspaper.
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americanbankingnews65d ago
Machina Capital S.A.S. Trims Stake in Rockwell Automation, Inc. $ROK
Machina Capital S.A.S. lessened its position in Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 38.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,422 shares of the industrial products company’s stock after selling 2,777 shares during the period. Machina Capital S.A.S.’s holdings in Rockwell Automation were worth $1,546,000 at the end of [...]
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americanbankingnews65d ago
BI Asset Management Fondsmaeglerselskab A S Decreases Stake in Applied Materials, Inc. $AMAT
BI Asset Management Fondsmaeglerselskab A S reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 478,457 shares of the manufacturing equipment provider’s stock after selling 27,758 shares during the period. [...]
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americanbankingnews65d ago
Envestnet Asset Management Inc. Has $312.84 Million Stock Position in General Dynamics Corporation $GD
Envestnet Asset Management Inc. boosted its position in General Dynamics Corporation (NYSE:GD – Free Report) by 3.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 917,424 shares of the aerospace company’s stock after acquiring an additional 32,262 shares during the period. [...]
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thenationonlineng65d ago
Downstream deregulation, forex reforms save Nigeria N6trn fuel import losses – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the cumulative impact of full downstream deregulation and forex reforms has saved Nigeria over N6 trillion in fuel import losses.The post Downstream deregulation, forex reforms save Nigeria N6trn fuel import losses – NMDPRA appeared first on The Nation Newspaper.
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