And now the world’s richest man is … Mukesh Ambani?

The Indian media are reporting that, only a few months after Mexico’s Carlos Slim Helu passed up Bill Gates to become the richest man on earth, Slim has already lost that distinction. From The Economic Times: Following a strong share price rally on in his three group companies, India’s most valued firm Reliance Industries, Reliance [...]

On Nightly Business Report tonight

I’ll be doing one of my regular commentaries on the Nightly Business Report on PBS tonight. It’s about Microsoft, and how being unfashionable hasn’t kept it from making insane amounts of money. I taped it this morning with watery eyes, a scratchy throat, and a nose red from being blown every couple of minutes for [...]

The NFL doesn’t stand a chance of conquering the world

I’ve got two questions after the NFL’s first-ever regular-season visit to Europe on Sunday (the Giants beat the Dolphins 13-10 in London): Does anybody think American football will ever have sustained mass appeal outside the North American continent? And if not, is it really worth the NFL’s money to go to all this effort to [...]