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My Turn: Numbers that speak volumes

...if income distribution was the same as it was in 1979? Harvard economist Larry Summers in an article written for the Financial Times (Jan. 18, 2015) concludes that families in the bottom 80 percent of the income distribution would be making...
Writing is on the wall for entry-level jobs

...and the news is not confined simply to minimum wage workers. The marine division of Rolls Royce, according to the Financial Times, is actively developing the crewless cargo ship, as crew expenses account for up to 30% of shipping costs. Amazon's...
BP shuts down 12 oil wells on the North Slope

...process of being shut down Tuesday, BP spokesman Darren Beaudo said. The action came after workers allegedly told the Financial Times of London of the leaks. The newspaper first reported the shutdowns on its Web site. Most of the shuttered wells...
BP disputes manipulated data allegations

...inspections of Alaska pipelines which were partially shut down earlier this month because of corrosion problems. The Financial Times reported the U.S. Environmental Protection Agency was probing allegations by BP workers that the company manipulated...
Breathing easier on Taiwan: Elected president has improved China ties

...arrangement enables them to talk to each other.)Tsai's position prompted one unnamed U.S. official to tell the Financial Times that Washington had "distinct doubts" about Tsai's ability to maintain stable relations with Beijing. The comment...
The bottom line on taxes

...bad place to make wise tax policy."The more tax issues are discussed during the campaign," Summers wrote in the Financial Times, "the more the candidates will be driven to make ... pledges that might make tax reform that much more difficult...
ConocoPhillips rep: No wavering on gas line spokesman said Tuesday. Spokesman John McLemore's statement of support came after CEO Jim Mulva told The Financial Times of London the company would reassess the economics of the project it's pursuing with BP PLC amid a rise in shale...
Outside editorial: Russia's reset

...come primarily from the Americans. Foreign Minister Sergei Lavrov furthered that impression in an interview with the Financial Times last week. "Practically on any problematic issue which we inherited from the past eight years, I understand the...
Regulators to investigate oil well leaks

...first reported this week in a London newspaper. The Financial Times referred to an unnamed "veteran BP employee" in...Those wells were being shut down this week after the Financial Times' report. "We decided in an abundance of caution...
Outside editorial: Mortgage lending needs new standards

The following editorial first appeared in the St. Louis Post-Dispatch:


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