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The  fearless protectors of consumers at the Federal Trade Commission finally approved the takeover  of men’s clothier Jos. A. Bank by Men’s Wearhouse last week. According  to the terms of the agreement concluded way back  on March 11, Men’s Wearhouse will pay $65.00 per share and a total of $1.8 billion for its smaller rival.  The merger will result in the fourth largest men’s apparel retailer in the U.S.

As always, the market comes to the rescue through innovative entrepreneurship. And in this case, not only do these entrepreneurs promise to build roads - they will use the roads to generate electricity for sale on the market. So they solve two problems at once. Nay, three - the roads use part of the generated power to keep snow and ice off the surface, thereby making them safe even in cold weather.

While gold seems to mostly flow from west to east these days, some of it apparently still flows south to north, according to Bloomberg.  And it flows directly from Ecuador’s central bank into the coffers of Goldman Sachs. Ecuador’s Finance Ministry needs liquidity to cover a projected budget deficit of nearly $5 billion (pikers!) this year, and bond issuances are problematic since a default only 5 years ago.

Sticker which is spreading like wildfire at Brazilian public universities.