Vibhav Roy

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Gains go poof: Dow turns red near close, loses 205

U.S. stocks initially jumped Tuesday but the Dow, S&P 500 and Nasdaq all faltered as Wall Street sought to rebound from some from Monday's 588-point drop in the Dow in a stock market rout that sent all the major indexes into official correction territory.<p>Blue chips comprising the Dow took a huge …

Stock Markets

The conundrum of customer satisfaction

If you pay attention to customer satisfaction, companies are told, success will follow. But Timothy Keiningham, global chief strategy officer and executive vice-president of Ipsos Loyalty, says new research shows this is simply not true.<p>The relationship between customer satisfaction and customer …

Why Did Both Silver and Gold Become Money?

We live in a world of central banks and paper money, so the question of why two different metals became money may seem moot. However, it is important to understand honest money if we are to break the cycle of financial crises and move forward to the gold standard.<p>Gold and silver share many physical …

Courts Clash Over Whether Actors Can Claim Copyrights On Their Performances

In the recent Ninth Circuit case of Garcia v. Google, the Ninth Circuit held that an actress in a film had an independent copyright interest in her performance embodied in the film, allowing her to get an injunction against the film. The decision is absurdly wrong for a number of reasons, the most …

We Know That Business Dynamism Is Falling In The US But We Don't Know Why

Business dynamism is a measure of how many new firms there are arising in an economy. How quick is the churn of new and old companies? We can also measure it in a slightly different manner and look at the creation and destruction of jobs across the economy. The higher this rate is the faster we …

Isohunt search engine for Bittorrent to shut down and pay MPAA $110m

Isohunt, the third most popular search engine for Bittorrent files, will close and pay the Motion Pictures Association of America (MPAA) $110m, ending a long-runng legal battle.<p>The move comes just ahead of a formal court battle which Isohunt, set up by Gary Fung of Canada, was certain to lose. The …