(LET’S GET THIS THING SETTLED, MR. EASTMAN) In order to laugh at something, it is necessary (1) to know what you are laughing at, (2) to know why you are laughing, (3) to ask some people why they think
Morgan Stanley might be able to help. On Tuesday, Morgan Stanley released its list of "vintage values" stocks for 2017 — 16 stocks that researchers expect to do well over the next year. To compile this
An activist hedge fund has built a stake in SABMiller amid growing investor unease about the terms of the FTSE 100 brewer’s £77bn sale to Stella Artois-owner Anheuser-Busch InBev. Elliott Capital Advisors,
If Clinton was bought by investment bankers, hedge fund managers and the like, we'd expect to see them donating in large numbers to her campaign committee; even though individual contributions to that
Stocks are starting 2016 horribly. To put it mildly. From a Dow (DJIA or Dow Jones Industrial Average) at 18,000 in early November values of leading companies have fallen to under 16,000 – a decline of
Saudi women are beginning to know their rights. In September, 2014, Mohra Ferak, twenty-two years old and in her final year at Dar Al-Hekma University, in the Saudi port city of Jeddah, was asked for by
As the movie business founders, Adam Fogelson tries to reinvent the system. Adam Fogelson, the chairman of Hollywood’s newest studio, listened to a pitch for a film called “Unmanned” with an encouraging
So farewell, “Downton Abbey.” The sixth and final season of the series just began on PBS’s “Masterpiece,” providing resolution to its viewers’ most pressing concerns. Will Lady Mary remarry? Will Anna
In May, 2014, I received an unusual offer. I had just published a long article, “The Hunt for El Chapo,” about the criminal career, and eventual capture, of the fugitive drug baron Joaquín Guzmán Loera.
Those of us who live not just in but, in a way, for New York City—who are, from time to time, accused of being professional New Yorkers, who see the point of John Updike’s dictum that anyone who is not
“The greatest obstacle to living is expectancy, which hangs upon tomorrow and loses today… The whole future lies in uncertainty: live immediately.” “How we spend our days,” Annie Dillard memorably wrote
AS WITH MANY OF AMERICA’S GREAT FORTUNES, the Stroh family’s story starts with an immigrant: Bernhard Stroh, who arrived in Detroit from Germany in 1850 with $150 and a coveted family recipe for beer.
Edited By Kerry A. Dolan and Luisa Kroll The Mellons. The Kennedys. The Rockefellers. You know the names already. Now Forbes has compiled the first comprehensive ranking of the richest families in America:
After nearly two months of detention, a billionaire real estate developer that ranked No. 21 on last month’s new Forbes Taiwan Rich List has been released on bail by the Taipei District Court but charged
In the first installment of this series, we saw that the advancements in travel and communications and the decline in their respective costs since the end of World War II have made living and doing business
Billionaire financier Len Blavatnik’s bet on LyondellBasell has netted him a personal profit of nearly $8 billion. He says there’s more to come. Last November Apollo Global Management, the powerful buyout
Africa’s wealthiest man Aliko Dangote has announced plans to invest $1 billion in commercial rice farming and modern integrated rice mills in Nigeria. Dangote reportedly made the announcement on Friday
Bill Gates, the Microsoft billionaire whose cash donations have made a mark around the world, will help start a new program at Beijing Normal University focused on philanthropic education, the Chinese
For the truly affluent Chinese, of which there are hundreds of thousands these days, having a home in Shanghai and one in Hong Kong is passé. You've made your neighbors jealous if you have a home in Malibu.
Indian billionaire Lakshmi Mittal, No. 63 on the FORBES world billionaires list, was revealed by the British press to be the man willing to shell out a mere $2.9 million to buy Blencathra Mountain in The