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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. With prescription drugs representing 92 percent of sales revenue, according to the National community Pharmacists Association, thinning margins — and frequent losses — from this side of the business can be fatal.

Capital 130
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

Royal monetary policy was conducted by practitioners recruited from the moneychangers and nascent banking community. This is done by ensuring money is produced according to the strictest standards and avoiding manipulating it to the king’s benefit ( inflation tax ). Medieval monetary policy operated without a central bank.

Policies 131
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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Both Lefkofsky (with Groupon) and Kleiner Perkins (with Cerent) were able to win so big in part because they had hands-on operational roles in their investments. Apax Partners also first invested in King Digital in 2005, when the company was still distressed from a point of near-bankruptcy in 2003. When Snap Inc.

Lending 78