Associated Press/Photo by Julio Cortez

Offers they can't refuse

Money | The shakedown of United Airlines indicates an ominous shift in business regulation
by David Skeel
Posted 11/13/15, 01:00 am

Among its many current woes, United Airlines is under federal investigation for allegedly reinstating a money-losing flight at the request of the chairman of the Port Authority of New York and New Jersey, which builds and operates many of the bridges, trains, and airports in northern New Jersey and New York City. The skies are so unfriendly for United these days that other stories have kept the scandal from receiving the attention it should.

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Associated Press/Photo by Andrew Harnik

Reports finds U.S. financial secrecy worsening

by J.C. Derrick
Posted 11/02/15, 04:30 pm

WASHINGTON—The United States is one of the world’s most secret financial jurisdictions, according to a watchdog group’s new global ranking.

The Tax Justice Network, an international think tank based in the United Kingdom, on Monday unveiled the 2015 Tax Secrecy Index, which lists the countries that most allow financial secrecy at home and promote it abroad. The U.S. takes third in the latest ranking, up from sixth place in 2013.

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Investing in Babylon: What we ought to do

Personal Finance
by David L. Bahnsen
Posted 10/20/15, 02:58 pm

We established in the first column of this three-part series that we know investing is the pursuit of a return on capital—some premium return above the actual capital invested—in the context of the acceptance of some risk.

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