Business

Opinion

Uber's problem: A culture of dishonesty

Uber’s voluntary disclosure of a year-old hack that exposed the personal data of 57 million drivers and customers could be taken as a sign that under new Chief Executive Officer Dara Khosrowshahi, the company is changing its ways. But no, Uber’s biggest problem is still its culture of dishonesty – something the leadership change hasn’t fundamentally altered.

Business

War is good for Lockheed Martin profits — Malcolm Berko

Lockheed Martin Corp. (LMT-$312), with $50 billion in revenues, is the world’s largest defense contractor. LMT derives 65 percent of revenues from the U.S. Department of Defense, 15 percent from other U.S. government agencies and 20 percent from foreign military programs. War is a wonderful business for LMT.

Opinion

Pass tax relief for small-business liftoff

President Trump promised voters that his administration would push through the biggest tax relief package since the Reagan years, and it looks like Congress might pull through with the president’s promise this year. At the heart of the plan is a long-overdue small business tax cut – “rocket fuel for our economy,” in the president’s words.

Business

Medtronic, Si or No? — Malcolm Berko

Medtronic (MDT-$79) is a conservative, superfine long-term investment. MDT is the world’s largest manufacturer of implantable medical devices and generates revenues from over 120 countries. I’d tell your friend (if I spoke Spanish) to keep his shares.

Business

Owens & Minor looks good — Malcolm Berko

What is your opinion of Owens & Minor, which is in the medical supply business? I have $9,600 in cash sitting in my individual retirement account, and my dopey stockbroker, who has never been right in 12 years, recommends 400 shares. Please advise ASAP.

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LimeBike
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