LyrArc Article Gist
The U.S. Postal Service begins same day delivery in 2015 as it competes for business with Fedex, UPS, and Amazon.

LyrArc Article Gist
Liberty Interactive Corp., parent company of home shopping network QVC, acquired Zulily in a cash and stock deal valuing Zulily at $2.4 billion, at a discount from the IPO offering price. Zulily's model of no returns, with orders taking 2-3 weeks for delivery based on the company not holding any inventory, is not catching on with shoppers, as sales declined in the 2nd quarter of 2015.

LyrArc Article Gist
A period of ample oil and gas supplies and low prices in 2015, the opening up of alternative sources of energy supplies including LNG for Europe, are factors reducing the leverage of Gazprom through pricing and supply restrictions.

LyrArc Article Gist
A former Goldman executive, and professor of management at Harvard Business School since 2006, Robert Kaplan, will succeed Richard Fisher as president of the Dallas Federal Reserve Bank.

LyrArc Article Gist
Andrew Ross Sorkin describes the role of Carly Fiorina at Hewlett Packard (HP) as more of a liability for the company than an asset. The aggressive acquisition strategy, with the acquisition of Compaq, failed, says Sorkin.

LyrArc Article Gist
Alibaba's TMall faces strong competition in retail sales from JD.com in 2015.

LyrArc Article Gist
This WSJ editorial is critical of the 2015 apology of Japanese prime minister Abe on the 70th annivesary of the end of World War II. It says the use of the word "owabi" as was done by previous premiers Murayama in 1995 and Koizumi in 2005 was important for its neighbors and the U.S., yet the apology falls short of a full acceptance of the message of that period. Mr Abe's reference to the fact that 80% of the people today were not alive when the war crimes took place does not make it any less important for Japan to face recent history in a responsible way, says the Journal. Mr. Abe's reference to the view that Japan acted in this way after western powers isolated it and that Japan's empire building helped overthrow western colonialism, says the editorial is a misrepresentation of the facts of history, because Japanese colonialism and ideas of racial superiority were spread throughout Asia. Abe's apology stands in contrast with the apology offered by Emperor Akihito which expressed "deep remorse"...