Netflix (NFLX) this afternoon provided powerful evidence of how its business model will benefit from the steadyshift of subscribers to streaming and away from through-the-mail DVD rentals.
Ms. Davda says there is a trend in India toward out-of-home consumption and a steadyshift in consumer preferences, with coffee changing from a beverage that was consumed mostly in South India to one sipped nationwide.
Thus, I fear the end result of allowing third-party financing to flourish is a slow but steadyshift away from the traditional understanding of law as a profession toward a conception of law as just another money-making venture, where the investors inevitably call the shots.
Most of its planned 10, 000 job cuts will come from the investment bank as the bank tries to shift its focus toward the more steady, less-risky business of wealth management.