A year ago, US crypto investors were looking forward to a triumphant Thanksgiving. Bitcoin was trading at about $8,200 and, after a minor October correction, heading north again. There could be no better time for gloating in the face of a naysaying uncle or convincing a reluctant cousin to invest than while sitting around a table and giving thanks.
Nissan and Renault have been linked in an alliance for nearly two decades, with each carmaker owning shares of the other. The architect of this intricate Franco-Japanese arrangement was Carlos Ghosn, the CEO of Renault and chairman of Nissan—but his future at both companies is in doubt following his arrest for financial misconduct in Tokyo on Monday (Nov. 19)
Today, superhero movies are the backbone of Hollywood, and comic books, once a marginal and disposable form of entertainment, have transformed into respectable graphic novels sold in bookstores.
Moviegoers know Stan Lee as the zany old guy who’s had a cameo in each of the Marvel movies. Fans are probably aware that as a comic-book writer and editor, Lee was the guiding force behind the creation of the Marvel universe.
If media reports are to believed, Amazon’s much-hyped search for a location to base its second headquarters (“HQ2”) will end with two winners: the borough of Queens in New York and Crystal City, Virginia, across the river from Washington DC.
A decade ago, when the financial crisis swamped the world, Goldman Sachs was the undisputed villain of Wall Street.
When General Electric fired its CEO a month ago, investors cheered the move. They might not be so enthusiastic about it now.
It wasn’t long ago that the low-payroll Kansas City Royals played in two World Series in a row, proving that smart talent acquisition and strategy could counter big-market teams with high-priced players.
For almost 40 years, Bloomberg has been an unescapable fact of life in the financial world.
This fall, the world’s great symphony orchestras will open their 2018-19 seasons. And just as they have for decades, many of them will be sharply segregated by gender.
Forty six years after his death, baseball’s Roberto Clemente isn’t as celebrated as other Hall of Famers like Babe Ruth and Willie Mays. In many important ways, however, his contributions to the sport—and American culture—were more significant.
It wasn’t long ago that Amazon and Apple share prices seemed to defy gravity, and were pulling the rest of the stock market up with them. But what goes up tends also to come down, and the biggest technology companies plunged as jittery investors cashed out today (Oct. 10), sending the tech sector to its worst day since 2011, according to the Wall Street Journal (paywall).
Yale didn’t build a $29 billion endowment and a reputation for savvy investing by being conservative.
Historically, Wall Street frowns at unpredictable executive turnover. Its exuberant reaction to General Electric’s abrupt change of chief executive is a notable exception.
The language is such a familiar part of job applications that for many of us, it almost goes unnoticed: “Company X is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, color, age, or any other protected characteristics.”
In 1978, country singer Johnny Paycheck recorded “Take this Job and Shove It,” and since then, the song has become the anthem of disgruntled workers everywhere.
There’s a cliche dating to the era of Watergate, if not earlier, that’s it’s not the crime but the cover-up that ultimately ensnares wrong doers. That was certainly true of Richard Nixon, and it appears it may have been true of Les Moonves, the CBS chief who resigned under pressure Sept. 9.
I first saw it out of the corner of my eye.
The very rich, as F. Scott Fitzgerald famously wrote, are different from you and me. But it appears that the aspiring very rich—say, the 3,000 college students who spent their summer as Goldman Sachs interns—are not so different from most of us.
Silicon Valley prides itself on being an iconoclastic, disruptive place, but it’s also a longstanding community with history, institutions, and traditions. At the center of that Silicon Valley establishment might be John Hennessy.
In its 1990s heyday, Microsoft was fueled by a sort of aggressive-geek culture. Taking its cue from alpha nerd Bill Gates and his hard-charging lieutenant Steve Ballmer, the technology giant was obsessed with performance and productivity, and if its take-no-prisoners style bruised feelings and alienated employees, so be it.
In the liner notes of Freak Out!, the 1966 debut album of Frank Zappa’s Mothers of Invention, Zappa included a list of 179 influences on the band’s music. They ranged from the well known, like Elvis Presley, to the personal, like “Uncle Ed,” to the deeply obscure, like Sabicas, a Spanish flamenco guitarist.
Microsoft Word users from a previous generation are still recovering from the trauma of Clippy, the anthropomorphic paperclip that thrust itself into your writing projects with a cheery, yet unrelenting, insistence. “It looks like you’re writing a letter,” Clippy would ask, again and again. “Would you like help?”
Space is hot.
