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Uber: Competition with Lyft will get 'more healthy' from here On a call with investors, Uber executives addressed some of the question marks surrounding Uber shares going forward, one of them being how much it must spend to maintain its dominant position and to continue growing. "The...

Marathon Asset Management Closes New Aviation Fund (HedgeWeek.com) Credit investment manager Marathon Asset Management (Marathon) has closed its first fund solely dedicated to aviation leasing, the Marathon Aviation Fund (MAF). The new strategy, which was oversubscribed, will focus on leasing...

History Repeated Remember the Greek Debt Crisis? Of course you do. A repeat of that sort of mess is emerging in Italy, where the country's de facto populist leader Matteo Salvini is asserting Italy's right to spend freely even though, like any eurozone member, it doesn't have the right to print...

Survival mode Mark Zuckerberg will live to see another day as Facebook chairman. A shareholder vote to curtail his power failed yesterday. Critics of Zuck had called for more independent oversight of the company given Facebook's recent track record of privacy mishaps and the spread of...

Salesforce warns its clients: 'Stop selling military-style rifles, or stop using our software' Jay Greene, The Washington Post Published 7:51 am PDT, Thursday, May 30, 2019 Photo: Darron Cummings, Associated Press IMAGE 1 OF 7 Salesforce chairman Marc Benioff, left, and Ivanka Trump speak...

Disney on Abortion Disney boss Bob Iger has threatened to pull filming in Georgia if the state's new abortion law takes effect, because production staff wouldn't want to work there. "If it becomes law, I don't see how it's practical for us to continue to shoot there," he said. The measure is...

Third Point Re – Less Hedge Fund Investing, More Catastrophe Underwriting (Artemis.bm) Bermuda headquartered, hedge fund backed reinsurance firm Third Point Re is pivoting further away from the longer-tailed underwriting, more active investment approach of its original strategy, as it embraces...

Poker-Playing Hedge Fund Managers Have an Edge (Bloomberg) Do poker players make good hedge fund managers? On one hand, there’s skill overlap. Both activities demand aggressiveness, accurate calculations under pressure, keen behavioral insight and shrewd risk-taking. On the other hand, poker...

What will Billionaire Ken Griffin Build on His Huge Palm Beach Estate? (ChicagoBusiness.com) The Architectural Commission of Palm Beach unanimously gave billionaire Ken Griffinpermission to knock down a lakefront house built in 1983 in his 17-acre Florida property on Wednesday, according to the...

“That which is not given will be taken” - Gloria Steinem

“Not only strike while the iron is hot, but make it hot by striking.” - Oliver Cromwell

China Takes Back Giant Pandas From San Diego Zoo Amid Bitter Trade War By Sissi Cao • 05/17/19 3:33pm Bai Yun and one of her cubs at the San Diego Zoo. Sandy Huffaker/Corbis via Getty Images President Donald Trump’s escalating trade war with China has just caused a new damage that can’t be...

Walmart's next chief technology officer is a veteran of Google and Amazon Walmart Inc. hired an executive who has held senior roles at Google, Microsoft Corp. and Amazon.com Inc. as its new technology chief, while expanding and elevating the role. Suresh Kumar will join Walmart July 8 as the...

CPUC announces public meetings on PG&E $2B rate increase request The California Public Utilities Commission on Tuesday announced a series of public meetings in July to obtain comment on PG&E Co.’s request to charge customers nearly $2 billion more in the next three years to help pay for...

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‘I don’t want anybody to pity him, because if they do they won’t get the moral: they won’t see that glamour can kill.’ ” - Anne Reinking

“There were multiple *systematic* efforts to interfere in our election, and that allegation deserves the attention of every American.” - Robert Mueller

“The achievement of one goal should be the starting point of another.” - Alexander Graham Bell

TOP 10 WORLD'S MOST VALUABLE CLUBS 1) Real Madrid - £2.9billion 2) Manchester United - £2.83billion 3) Bayern Munchen - £2.43billion 4) Barcelona - £2.41billion 5) Manchester City - £2.2billion 6) Chelsea - £2billion 7) Liverpool - £1.9billion 8) Arsenal - £1.8billion 9) Tottenham...