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The Economics of Tipping For Services

The Economics of Tipping For Services

The Economics of Tipping by Kenneth A. Zahringer, Ludwig von Mises Institute My dinner companion sounded indignant. “It’s a shame we have to tip the waitress,” she said. “The restaurant owner ought to pay the staff enough to live on.” […]

Oi's Portuguese Assets May Spark a Bidding War

Oi's Portuguese Assets May Spark a Bidding War

The battle for the Portuguese telecommunications assets of Brazil’s Oi SA is heating up. It was announced Wednesday that private equity funds Apax Partners and Bain Capital have made a joint $8.8 billion offer for the Portuguese assets of Oi […]

Balyasny Notes October "Washout", Warns Of Currency War

Balyasny Notes October "Washout", Warns Of Currency War

Sometimes it takes a stock market flushing to shake out the weak hands, which is what happened in October, says Balyasny Asset Management. October saw “huge position washouts” that appeared indiscriminate and spread across most asset classes and strategies, according […]