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Removing volatile parts of biz: Wipro

Wipro’s third quarter results suggest things are improving for the company. But its growth rate remains well below that of its peers. Both TCS and Infosys had double-digit constant currency revenue growth rates in the quarter. Wipro was at 7%. In an interaction with TOI, Wipro CEO Abidali Neemuchwala, who

Open thread for night owls: Ocasio-Cortez wonders why we don’t have a Marshall Plan for Puerto Rico

Jessica Corbett at CommonDreams writes—If 9/11 Attacks Can Spark Trillions in War Spending, Asks Ocasio-Cortez, Why Can't US Find Funding for Puerto Rico 'Marshall Plan'? A study commissioned by the Puerto Rican government has found that an estimated 2,975 people died after Hurricane Maria devastated the U.S. territory last year, corroborating previous analyses that

People Aren’t Dumb. The World Is Hard.

Richard Thaler, father of behavioral economics, has been an irritant to mainstream economists. His research, about humans’ tendency to make suboptimal decisions, tarnishes their elegant economic models. (Photo: Bengt Nyman/flickr) Our latest Freakonomics Radio episode is called “People Aren’t Dumb. The World Is Hard.” (You can subscribe to the podcast at Apple

GTA Online will let you manage nightclubs next month

Grand Theft Auto Online will soon let you run nightclubs, spicing up your business propositions throughout Los Santos. Your nightlife options will get far more expansive when the nightclub update launches in July, letting you get into the “honest work” of management. You’ll be able to run nightclub businesses “from setup,