How companies get pricing wrong and other market mishaps

It was only $2. And those who enrolled in auto-pay wouldn’t be charged. Verizon’s convenience fee for making one-time bill payments got the math right but the meanings wrong. A public controversy ensued as consumers expressed righteous outrage over the new wireless phone fee, and the company backed down.

Had … Read More

Does international recognition matter?

The recent Palestinian bid for international recognition has failed to secure the backing that the Palestinian leader Mahmoud Abbas was hoping for, and it looks like the United States will not have to use its veto at the United Nations Security Council.

Even so, the Palestinian leadership has until now … Read More