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Disney dominates 2019’s domestic BO as franchises get out of hand Walt Disney’s movie studio is richer than your movie studio -- and they’re having a monstrous 2019 to prove it. Why? Because they own damn near every single Hollywood franchise in existence. The “live action,” but clearly very...

An $11m view: Loft owners spend hard cash to maintain their view over Manhattan People these days will do anything to maintain their sense of luxury. But when you have endless amounts of money, how far is too far? The New York Times reports that when the residents of a historic 12-story loft...

With So Many Vacant Stores, E-Commerce Is Only Part of the Problem Barneys’ fight with landlord is an extreme example of an issue bedeviling many retailers: high rents Barneys New York Inc. has hired restructuring advisers and is considering several options, including a possible bankruptcy...

“Self is a sea boundless and measureless.” - Kahlil Gibran

Boxed in at the Dock The port of Piraeus has been the strategic jewel at the heart of Greece for 2,500 years—and now, it has become a showcase in action of China's Belt and Road Initiative. The port has been majority-owned since 2016 (and operated since 2009), by China Cosco Shipping, a...

What’s Happening to the Harvard Men? Jack Meyer’s closing of Convexity closely follows the shuttering of another hedge fund founded by a so-called Crimson Cub. Stephen Taub July 19, 2019 Victor J. Blue/Bloomberg The closure of Jack Meyer’s Convexity Capital Management marks the third...

CalSTRS and Texas Teachers’ power move with litigation finance firms. By Julie Segal July 18, 2019 When a Danish pharmaceuticals giant was accused of fraud, securities litigator Irwin Schwartz knew who’d pay the price: Novo Nordisk shareholders. Many of them happened to be his clients...

Fake heiress Anna Sorokin may lose out on Netflix payday thanks to New York's 'Son of Sam' law Attorney General’s Office to invoke 'Son of Sam' law regarding Anna Sorokin A Netflix series is in the works detailing the fake German heiress's fraudster life Attorney general office working to...

“I see the younger generation hampered by the need to understand and rationalize why something should go up or down. Usually, by the time that becomes self-evident, the move is already over…” - Paul Tudor Jones

“The course of Nature is the art of God.” - Edward Young

MARKETS INSIDE SCOOP Alabama’s Pension Sold AT&T, GM, and FedEx Stock, and Bought Walmart By Ed Lin July 20, 2019 7:30 am ET Order Reprints Print Article Photograph by Patrick T. Fallon/Bloomberg Text size The Retirement Systems of Alabama made some bold stock trades in the second...

“As is a tale so is life; not how long it is but how good it is, what matters.” - Seneca

Tanking the trade talks. The U.S. government approved a $2.2 billion arms deal to Taiwan last week and Beijing is not happy. Mainland Chinese authorities have threatened to sanction any U.S. companies that sell weapons to the self-governing island of Taiwan. General Dynamics, for example, makes...

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The Quizmaster Battles A showdown is occurring in pubs across England, as the one-man-band "quizmaster", who brings arcane knowledge and reference books to the professional job of running trivia nights, faces competition from a new breed of companies who supply mass quizzes and aim to roll...

The Business of the Moon Ahead of this weekend’s 50th anniversary of the first human Moon landing, the Financial Times has this run-down of the companies now vying for a spot in space: from Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin, and others—like Astrobotic, which won a $79.5 million...