Headlines 

A Great Vehicle Lurks in HyundaisCorporate Chop Shop

Is the tide turning in the favor of activist shareholder Elliott Management Corp. in its drive to clean up the web of more than two dozen auto-related companies at the core of the Hyundai chaebol? On Wednesday, South Korean media reported that the group may cancel a central part of a restructuring plan that’s been opposed by Elliott, in the form of the planned merger between its logistics business Hyundai Glovis Co. and the after-sales division of parts supplier Hyundai Mobis Co. The company batted down the reports but shares in Mobis and…

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The Accused Russian Agent as Trump Republican

Here are some things we know about Maria Butina. She is a 29-year-old white woman with an enthusiasm for guns who has attended multiple National Rifle Association events, socialized with NRA leaders and repeated NRA talking points. She attended Wisconsin Governor Scott Walker's 2015 announcement seeking the Republican nomination for president, and later supported Republican Donald Trump for president. She attended the National Prayer Breakfast, a Republican gathering place, in Washington this year.    Butina published an grifter that is a According to Dusty Johnson, a South Dakota Republican and…

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Headlines 

Thailand Leads in Crypto by Skipping the Big Debate

Securities, or not securities. That is the crypto question. Except in Thailand. While regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped the debate altogether. Instead, using an emergency decree that came into effect earlier this year, authorities wrote an entirely new law. The result is the Securities and Exchange Commission is trying to strike a balance between those who view cryptocurrencies as evil and those who use them for gambling, Archari Suppiroj, director of the commission’s fintech department said at last month’s I’ve argued…

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Headlines 

Take Trumps Travel Ban Back to Court

The blockbuster case of the decision, after joining the majority opinion removing the lower court’s block on the travel ban, Kennedy said the lower court “could still consider whether it was proper to look for religious animus ‘in light of the substantial deference’ due to the president.” And I explained that “because the case was before the Supreme Court as the result of a preliminary injunction, not after a trial, it is still theoretically possible for the lower courts to hold a trial to consider further evidence of presidential bias.”…

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Headlines 

The Art of Melania Trumps Green Jacket

Melania Trump just gave the world a lesson in the the substance of style, and she undoubtedly knew that her back would be particularly visible as she mounted the airplane’s steps. So why, on the way to visit a shelter for migrant children separated from their parents at the Texas-Mexico border, would she wear such a thing? It’s just a jacket. Her clothing choice was completely meaningless. That was her spokeswoman’s take on it. But, as many people noted, she’s not in the habit of wearing cheap fast fashion, so…

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Headlines 

Americas Southwest Border Is Not Out of Control

President Donald Trump’s vision of the U.S. southwestern border verges on the apocalyptic. “Caravans are heading here,” he claims. “Deadly ravages of drugs, gangs and crime [are] pouring across our border,” while legal loopholes allow in murderers and thieves who have “transformed once-peaceful neighborhoods into bloodstained killing fields.” Never mind the studies showing that illegal immigrants commit crimes at rates less likely to be incarcerated than people born in the U.S. And ignore, for the moment, the Drug Enforcement Agency’s own put it this week, look instead at the historical record of…

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Headlines 

Michael Bloomberg: Why Im Supporting Democrats in 2018

I’ve never much liked political parties. I’ve always believed that we should put country before party. Too many politicians practice the reverse, with terrible consequences for the American people. But although I don’t believe in partisanship, I very much believe in the importance of politics and elections. That’s how we make change and progress in a democracy. Over the years, I have supported candidates in both parties who were willing to break with partisanship and the special interests and seek common ground around solutions to make America better. I’ve focused…

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Headlines 

Trump and Kim Can Learn a Thing or Two From Singapore

U.S. President Donald Trump and North Korean leader Kim Jong Un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of bonuses attached that can double that sum for excellent performance. Is Peace With Kim Jong Un Even Possible? Yet it’s not just about the money. Since independence in 1965, Singaporean leaders have cultivated an ethos of public service in the bureaucracy. The…

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Odds and Ends 

These South Bay and Peninsula cities are raking in venture capital

Joanna Glasner is a reporter for Crunchbase. More posts by this contributor: Not a minimalist? Startups will gladly store, manage and deliver your items The state of the unicorn Though the region known as Silicon Valley covers dozens of municipalities, a few cities get outsized attention in tech circles. Everyone knows Palo Alto, Mountain View, San Jose and San Francisco as hotbeds for startup innovation. But theyre not the only ones. Less-talked-about cities in the region are also raking in funding, beating out major cities in other states for total venture investment.…

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