Best Columns: Food trail, Google
Who gains from high food prices? says The Economist in an editorial. Not food producers or retailers, and rarely investors. Google
Looking for money in a food boom
Who gains from high food prices? says The Economist in an editorial. Not food producers or retailers, who may or may not be able to pass on higher costs. In fact there “just aren’t many companies” that directly benefit, which means there are few places for investors to step in. A rare case was the public offering of Intrepid Potash, which makes fertilizer—its shares jumped 58 percent on the first day of trading. Couldn’t that mean grains are just “another bubble about to burst”? Probably not. Demand is outstripping supply, suggesting that “high food prices will be around for a while.” That’s good news if you run “a modestly profitable tractor or silo company.”
Google’s shrinking real estate
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
While Microsoft and Yahoo! sort out their merger possibilities, Google has its own worries, says Ben Kunz in BusinessWeek.com. It’s biggest threat is “your cell phone.” As more people use their cell phones’ “tiny glass screens” to surf the Internet, Google and other online ad brokers will have less space to show fewer ads. On the standard PC screen, Google can fit about 10 paid ads per inquiry; on the mobile screen, they’ll fit about two. That’s why Google got into the cell phone software market, with Android: “Web screens will soon be two inches wide, and Google wants a say in what fits on that tiny screen.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
7 restaurants that beat winter at its own chilly game
The Week Recommends Classic, new and certain to feed you well
By Scott Hocker, The Week US Published
-
Crossword: December 24, 2024
The Week's daily crossword
By The Week Staff Published
-
Sudoku medium: December 24, 2024
The Week's daily medium sudoku puzzle
By The Week Staff Published