Are mergers good or bad for consumers? It depends. #mergers http://entrepidinc.news/are-mergers-good-or-bad
AT&T and Time Warner. Sprint and T-Mobile. Sinclair Broadcast Group and Tribune Media. Heinz and Kraft.
It seems like every other month is dominated by news of a proposed or completed corporate merger. And while those partnerships can result in a major financial boost for the corporations involved, consumers are left scratching their heads and asking, “What does this mean for my finances?”
The short answer for those curious consumers is: It depends.
“There are some mergers and acquisitions that will probably promote consumer welfare,” says Bill Galston, senior fellow at the Brookings Institution, a District of Columbia-based think tank. “But as some research has found, there are other [mergers and acquisitions] that point in the opposite direction.”
Heatwave threatens to cause shortage of peas http://entrepidinc.news/pea-shortage #agribusiness #foodproduction
UK pea suppliers follow lettuce growers in warning over harvest after high temperatures hold back crop growth.
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By Lacey Henry World’s first public space telescope project has received more than $1.5 million in funding, making it one of the top 25 campaigns in Kickstarter history. Last month, asteroid mining company Planetary Resources launched a Kickstarter campaign to put the world’s first public space telescope, ARKYD, into orbit. By June 30, the 33-day campaign had far surpassed its $1 million dollar goal: 17,600 backers pledged a total of $1,505,366, making ARKYD the most successful crowdfunding effort for a space project and one of the top 25 most successful campaigns in Kickstarter history.
