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Bank Strength A McKinsey survey suggests that most of the world's banks are too weak to weather a serious economic downturn. The consultancy advises more mergers, along with the development of technology that can help ward off the threat of fintech startups. Bloomberg

Exxon Suit Today marks the start of New York state's unprecedented lawsuit against Exxon Mobil, which it accuses of misleading investors about the cost of climate regulation. New York alleges that Exxon's internal documents show it was using higher forecasts of climate-related costs for...

A-hed Brexit’s Warring Parties Share Old-School Roots: They All Went to Eton The fancy boarding school educated people on both sides of the divide, making reunions a bit awkward Eton College pupils. UPPA/Zuma Press By Alistair MacDonald and Max Colchester Oct. 20, 2019 4:07 pm ET...

“The thing about meditation is: you become more and more you.” - David Lynch

“Attitude is a little thing that makes a big difference.” - Winston Churchill

Spotify's Future Spotify is at the forefront of a surge in music revenues over the last five years, and is in the top five of Fortune's Future 50 list. But will the Swedish streamer hold its position at the top of the charts? It's already having trouble maintaining profitability and its losses...

Criminal Records JPMorgan Chase will try to make it easier for people with criminal records to enter the workforce, including at the bank itself—it's removing all questions about criminal records from its job applications. It also will lobby state and local governments to change laws so that...

Boeing Scrutiny U.S. lawmakers probing Boeing and its 737 Max crisis have found a three-year-old internal company survey that showed around a third of employees felt "potential undue pressure" from above regarding safety-related approvals. So the lawmakers are stepping up their scrutiny of...

SpaceX SpaceX files paperwork to launch up to 30,000 more Starlink global internet satellites TechCrunch, October 15, 2019 SpaceX has filed documents with the International Telecommunication Union, which governs international use of global bandwidth, to launch up to 30,000 more satellites for...

Steve Madden is being accused of ripping off a shoe design... again The venture-backed shoe startup Rothy’s is the most recent shoemaker to tangle with Steve Madden. Rothy’s, recently valued at $700m and known for its comfy flats made from recycled materials, says Steve Madden’s Rosy Flats...

The private eye industry is alive and well The spy game has changed. In a fascinating interview with The New York Times, Brooklyn-based private investigator Marie Schembri looks back on some of her best lewks... as well as how the profession has evolved in the past 30 years. Turns out the...

" I have always felt that doubt was the beginning of wisdom, and the fear of God was the end of wisdom." - Clarence Darrow, "The Story of My Life"

Sunday, October 20, 2019 How one man went from a life prison sentence to a $100k+ engineering job In 1996, Zachary Moore committed a murder. Today, he’s a computer engineer at a Silicon Valley tech firm. Here’s how he got there. BYZACHARY CROCKETT For 22 years, Zachary Moore sat in a 6x9 foot...

Kirk Kerkorian passed away 2015...

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“Once we accept our limits, we go beyond them.” - Albert Einstein

TheRealReal’s Online Luxury Consignment Shop How the reseller brings designer goods into the “circular economy.” By Susan Orlean October 14, 2019 The company’s “luxury managers” help clients decide what to sell. Illustration by Luci Gutiérrez Your Birkin bag, your Chanel flats, your Alaïa...

Carl Icahn Is Nearing Another Landmark Deal. This Time It’s With His Son. Brett Icahn is emerging as the likely successor to one of the most famous investors of all time. But his father is not ready to hand over the reins just yet. By Cara Lombardo Oct. 19, 2019 12:00 am ET At 83, Carl...

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Investors Signal Caution After Hedge Funds Stumble The hedge fund industry has suffered its first quarterly loss of 2019, according to Preqin. Christine Idzelis October 17, 2019 Investors Signal Caution After Hedge Funds Stumble Investors are wary of making new hedge fund allocations after...