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As fires rage across California, ‘disaster capitalists’ double down on advertising In the past few weeks, fires near San Francisco and Los Angeles have plunged parts of California into a state of chaos and disaster. The fires forced several hundred thousand people from their homes and left...

McDonalds CEO McDonald's has a new CEO: Chris Kempczinski, previously the president of McDonald's USA (who is in turn being replaced by McDonald's international operated markets chief, Joe Erlinger.) Why is Steve Easterbrook out as CEO? He had a (consensual) relationship with an employee...

NASA Probe’s Journey Out of Sun’s Warmth Yields New Learnings Voyager 2’s crossing into cold outer space provided new insights into interstellar borderlands An illustration showing the position of NASA's Voyager 1 and Voyager 2 probes outside the zone where the sun’s protective bubble of...

The days you work are the best days.” - Georgia O’Keefe

America’s trailblazing coaches:Football’s recent realization that good ideas can come from anywhere has had countless consequences: Stubborn coaches are getting dumped; schemes are rising up from all levels of football; and quarterbacks are performing at higher levels than at any time in NFL...

“Reality is something you rise above.” - Liza Minnelli

“Simplicity is the glory of expression.” - Walt Whitman

Baker Brothers Make $1.4 Billion in Two Weeks on Biotech(Bloomberg) Even in the volatile world of biotech,Baker Bros. Advisorshas notched some extraordinary returns in the past two weeks. On October 21, Seattle Genetics Inc. added $2.1 billion to its market capitalization after a study showed...

Top Hedge Fund Manager Warns Quant Funds are Becoming Utilities (eFinancialCareers.com) If you’re a quant who aspires to work on the buy-side today, you might be tempted by the big money on offer at big funds like Bridgewater or aspire to work for a niche fund like BlueCove. If so, you may want...

https://www.landreport.com/2018/12/the-land-report-top-ten-summer-2018/

This week’s weirdest ways to spend money Spending $50 for a giraffe costume doesn’t exactly make financial sense (come on, though... sometimes it’s worth it). But that’s just the tip of the iceberg when it comes to strange spending. Here are some of the bizarre buys we stumbled across this...

“Experience is the oracle of truth...” - Alexander Hamilton

NurPhoto via Getty Images US to recover $1 billion from Malaysian fugitive Jho Low in record deal by Reuters MORE ON: JHO LOW Prosecutors shielding ex-Goldman banker from 1MDB's financial documents Feds accuse Jho Low, Pras of funneling cash to Obama re-election campaign Ex-Goldman banker...

"Each player must accept the cards life deals him or her: but once they are in hand, he or she alone must decide how to play the cards in order to win the game". - Voltair

Tax Planning At Year-End Generates The Most Savings October 26, 2019 | By: Robert A. Green, CPA | Read it on The best way to reduce income taxes is with year-end tax planning. Don’t wait until February when you begin preparation of 2019 tax returns; that’s too late for many tax savings...

Fiat Chrysler PSA No, not a public service announcement: Fiat Chrysler is in merger talks with Peugeot maker PSA Group of France. The combined entity, if it appears, would be worth around $46 billion and be the world's fourth-largest car maker by volume. Fiat Chrysler recently tried to merge...

Boeing Cracks Boeing's 737 nightmare continues: this time it's the 737NG (the predecessor to the troubled 737 Max), one of which has been grounded by Australian flag carrier Qantas due to a worrisome crack in its "pickle fork." Boeing had already warned that the part, which helps connect the...

Fiat-Peugeot Fiat Chrysler and Peugeot-maker PSA Group have announced their planned merger, a 50-50 share swap. If it all goes ahead, the CEO will be Peugeot's Carlos Tavares, while Fiat Chrysler's John Elkann becomes chairman. The French government seems to be along for the ride this time...

Apple Revenues iPhone sales may be down 9.2% but Apple's revenues are up 1.8%, largely thanks to services and wearables such as the Apple Watch and AirPods earbuds. On a side note, figures released today by analysts at IHS Markit showed 1.2% growth in smartphone shipments last quarter—that's...

Libra Blow Speaking of Facebook-unfriendly measures, the governments of the EU are reportedly preparing to announce that they reserve the right to "impede" cryptocurrencies such as the Facebook-helmed Libra. A draft document reads: "Our common objective is to ensure that these initiatives do...