"Capitalism evolution: Darwin’s survival of fittest applies to business" by: John Sample

   Another week and more record closing levels for the various equity indexes and averages. 
   To go with that raw materials have rallied with crude climbing near $58 for West Texas Intermediate, which is the highest level in 2 1/2 years. 
   It literally is raining and pouring at the same time. 
   The earnings reports were not all positive. The few that did not report gains and expectations of future gains were taken to the wood shed for a severe beating. 
   Most of those punished were not big-name companies which have more than a significant impact on the indexes. 
   That is no solace for an investor. You only have to look at Chipolte, JC Penney and GE.
   What is significant of late is the joining of forces between rivals. This week we saw Broadcom make a merger offer for Qualcomm. 
   In much the same vein, AMD and Intel are teaming up to produce cell phone chips to be more competitive. This is a means for the two rival cell phone chip makers to team up to fight the leader of the pack, Nvidia. 
   That was followed by the talks between Disney and 21st Century Fox to merge the production and content parts of Fox with the Disney. 
   It’s another attempt to team up and go after a market leader in Netflix.

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