Coming out of a crisis, the boldest companies win

Negotiations were not going well in early June as Uber CEO Dara Khosrowshahi tried to wrap up his acquisition of Grubhub, a major competitor of his Uber Eats food delivery business. He and Grubhub founder Matt Maloney reportedly couldn’t agree on how to handle the inevitable antitrust scrutiny the deal would attract, the amount of…

Why are stock prices going up when the economy is in ruins? Here’s some helpful context

It’s the question on every investor’s mind. Google “Why is the stock market going up?” and you get 2.8 billion answers. Yet many of them (we haven’t checked them all) ignore or minimize a significant factor. The once-a-century strangeness of this downturn has combined with the way stock indexes are calculated and an element of…