Akshay nagaich

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Leveraged Loan Market at $1.2 Trillion Is Now Bigger Than Junk

The ballooning leveraged loan market is bigger than the junk bond market for the first time in a decade, a sign of strong investor demand for debt that offers high returns as rates rise.<p>The size of the market grew by $33 billion last month to $1.22 trillion, its fastest pace of growth in nearly …

These 22 sketches make complicated financial concepts simple enough to fit on a napkin

Tina Hay doesn't think in numbers.<p>In 2002, enrolled in a finance class while pursuing her MBA from Harvard Business School, she realized that her classmates who came from the world of banking and consulting were acing the coursework without a problem, while she struggled to master the concepts …

Harvard Business School

Why India’s investors need to get over their inferiority complex

Walmart’s acquisition of Flipkart has created shockwaves in India, with the realization that the vast majority of its $16 billion price will go to foreign investors, namely Tiger Global, SoftBank, Naspers, and Accel Partners. Now Indian investors are kicking themselves for missing out on the …

An Open Letter About Female Coaches

I<p>Iwant to tell you a little something about my parents.<p>I grew up just outside of Barcelona, a child of two highly successful professionals. My father …

45 Stories of Sex and Consent on Campus

We asked college students how they navigate the gray zone of sexual consent, where communication is rarely as simple as “yes” or “no.” Here are their stories.

College & University

Why Great Employees Leave “Great Cultures”

“We have a great culture.” We have all heard it. We have all said it. But what does that mean?<p>Ping-Pong tables, free meals, and beer on tap? No.<p>Yoga, CrossFit classes, and massage chairs? I so need that, but no.<p>The promise of being part of a hip, equity-incentivized, fast growing team? Closer, but …

Employee Engagement

All the URLs you need to block to *actually* stop using Facebook

In the midst of a truly awful week for Facebook, during which it was revealed that users’ personal data was harvested by a company working for the Trump campaign, users are threatening to delete their accounts <i>en masse</i>.<p>The #DeleteFacebook movement is fueled by users’ anger that their data was used …

Personal Data

Elon Musk: Model 3 production problems stem from Tesla getting 'overconfident' and 'too comfortable'

Tesla CEO Elon Musk said Model 3 production problems are a result of the company being a little too confident in its ability to make batteries.<p>"It's ironic since battery modules should be the thing we are best at," Musk said during the company's fourth-quarter earnings call. "We were a little …

Tesla

Most Cost-Effective Cars to Own After Five Years

Analysts say picking the right vehicle can save more in the long run than negotiating for a better purchase price.<p>Bloomberg—Bloomberg via Getty Images<p>…

A Walmart executive who sold his first startup for $6 million, 2nd for $550 million, and 3rd for $3 billion, reveals how he became wildly successful

• <b>Marc Lore is the president and CEO of Walmart eCommerce in the US.</b>• <b><br>He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3 billion and stock. His first startup was acquired for $6 million.</b>• <b><br>Lore says radical transparency,</b> …

Startups

TV Review: ‘Philip K. Dick’s Electric Dreams’ on Amazon

It’s fitting that “Philip K. Dick’s Electric Dreams,” a handsome new anthology series from Amazon, exists in several realities at once.<p>It contains …

TV

Tasmania’s Three Capes trail is spectacular, but it’s not cheap

Hilly, forested and wet Tasmania is regarded by many Australians as their most picturesque state, a kind of Vermont of the Southern Hemisphere. It is also the most economically depressed, which is one of the reasons the Tasmanian government has upended a great walking tradition — that natural …

'Game of Thrones' Ice Hotel in Finland Is Now Accepting Guests

<i>Game of Thrones</i> may not be coming back until 2019, but in the meantime, you can stay in a <i>GoT</i>-themed ice castle. Within the span of a month, Finland's …

These Post-Apocalyptic Books Will Freak You Out

Armageddon. The apocalypse. Judgement Day. For every word there is to describe the end of days, there are five different ways authors have envisioned …

Books

The hottest new book from Iceland is ‘Woman at 1,000 Degrees’

Hallgrimur Helgason's novel "Woman at 1,000 Degrees" centers on Herra, an 80-year-old Icelandic woman waiting to die in a garage with an old hand grenade and a laptop.<p>This is, in part, a comic novel in the vein of Helgason's global bestseller "101 Reykjavik." But "Woman at 1,000 Degrees" contains a …

Bonnaroo 2018: A Once-Great Festival in Search of an Identity

Bonnaroo 2017 // photo by David Brendan Hall<p><i>Photography by David Brendan Hall</i><p>When it launched in 2002, Bonnaroo quickly earned a reputation as one of …

36 TV Shows to Watch in 2018

The year’s most anticipated series include Lena Waithe’s The Chi, the return of Jessica Jones and American Crime Story, and more.<p>If 2017 welcomed a fleet of film mainstays to the small screen, 2018 is further bolstering television’s status as the medium of choice for actors and directors. The next …

The Only Email Template You Need When You Want To Ask Your Boss For Help

Asking for help isn’t a sign of weakness.<p>I sat staring blankly at hundreds of pages of documents and forms–willing myself to make at least some sort of progress. At that time, I was tasked with getting everything organized so that my employer could renew a certain accreditation, and to say that I …

8 TED Talks to Help You Overcome Your Fear of Failure

Eight videos that will help inspire you to go for your dreams.<p>Debbie Millman told me her biggest regret was not “going for it” after she graduated college. She took the “safe” option, got a job and built a career. And a great career she built, becoming the president of Sterling Brands, and working …

TED Talks

30 Winter Wonderlands Around the World

We tend to associate winter with bleak, gray skies and runny noses, but there's a beautiful side to the season that often gets overlooked. We're talking about Italian mountains covered with snow, pristine frozen lakes, and English cottages that put Norman Rockwell paintings to shame. And while we …

These are the leading credit card processing companies

There are two types of processors in the payment-card system. Front-end processors route transactions from merchants to the cardholder's bank to gain authorization; that is, they make sure a customer has enough available credit or funds to make a purchase. Back-end processors are responsible for a …

FinTech

51 Of The Most Powerful Pieces Of Advice From Books

"And now that you don't have to be perfect, you can be good." —John Steinbeck<p>2. "Life appears to me too short to be spent in nursing animosity or registering wrongs."<p>—<i>Jane Eyre</i>, Charlotte Brontë"<p>Suggested by khlaw1993<p>3. "Never forget what you are, for surely the world will not. Make it your …

Literature

This 7-minute workout is all you need to get in shape

This 7-minute workout is ideal if you have little time to exercise or don't have access to a gym.According a study published in the American College …

Exercise

All the Books You Desperately Need to Add to Your 'To Read' Pile This Summer

Summer is upon us, which means there’s no TV on, which means it’s finally time to dig into those books you’ve been saving for your weekends, …

12 best commencement speeches of all time

Great news, graduates! The job outlook is looking a lot better than it has in the past few years.<p>The U.S. economy has added, on average, 238,000 jobs in the past few months, according to the Labor Department. And, job listings targeted at new grads are up slightly from a year ago on job-listing …

The Reading Habits of Ultra-Successful People

Want to know one habit ultra-successful people have in common?<p>They read. A lot.<p>In fact, when Warren Buffett was once asked about the key to success, he pointed to a stack of nearby books and said, "Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. …

Success

38 Startup Pitch Decks From Companies That Changed The World

To celebrate the launch of my book The Art of Startup Fundraising, I thought it would be interesting to put together a blog post with a good amount …

'Islamic State': Raqqa's loss seals rapid rise and fall

<b>Abu Anis only realised something unusual was happening when he heard the sound of explosions coming from the old city on the western bank of the Tigris as it runs through Mosul.</b><p>"I phoned some friends over there, and they said armed groups had taken over, some of them foreign, some Iraqis," the …

Middle East

16 books that every introvert should read

There's nothing better than a storyline that really speaks to you, so we rounded up 16 books with themes and characters that introverts will really appreciate.<p>Read on for literature real introverts need to read.

Books