Shrinidhi Kalluru

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LaFerrari buyer drives dream collection back to Maranello [w/video]

We'd find it hard to feel bad for someone who "has to" choose between the latest crop of hybrid hypercars. After all, the Porsche 918 Spyder, McLaren P1 and Ferrari LaFerrari are each awesome in their own right. But for one buyer, the choice was a no-brainer: it was the Prancing Horse all along. …

Brooklyn Billionaire: How One Man Made A Fortune Rebuilding Dumbo

<b>Cash crises, political grudge matches, suicide. None of it stopped David Walentas from forging a ten-digit fortune by creating an entire neighborhood in New York’s underdog borough. And he’s about to do it all again.</b><p><b>HIDDEN UNDER THE ICONIC BROOKLYN</b> and Manhattan suspension bridges, a neighborhood …

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FORTUNE — On Thursday night, Kappa Beta Phi, a secret society of Wall Street bigwigs, held its 82nd annual gala at the St. Regis Hotel in Manhattan. At these black-tie dinners, around 200 of the biggest names in finance carry on like fraternity kids, hurling insults and dinner rolls at new recruits …

Ken Block's Trax-Wearing Ford Raptor Is Awesome: Video

Ken Block might just be the king of vehicular shenanigans. His Gymkhana YouTube videos have racked up wildly impressive view counts, and his car …

The evolution of Gran Turismo from Kazunori Yamauchi

Pushing the Virtual Divide, one evolution at a time.<p>It would take the sort of automotive passion that Kazunori Yamauchi has to not only create something like Gran Turismo but to continually evolve it over the course of 17 years. Kaz's GT story was so impressive, director Tamir Moscovici decided to …

Sports Cars

Warren Buffett Will Pay $1 Billion to Fan with Perfect March Madness Bracket

What’s a perfect March Madness bracket worth? In Warren Buffett’s mind, about $1 billion.<p>According to Rob Wile of Business Insider, Buffett’s company, Berkshire Hathaway, has teamed up with Cleveland Cavaliers owner and Quicken Loans founder Dan Gilbert to offer college basketball fans a shot at …

Loans
College Football

Japanese fishermen begin annual slaughter of hundreds of dolphins

Cull of 250 animals goes ahead in defiance of worldwide outrage, US ambassador and Yoko Ono<p>Fishermen in Japan began slaughtering hundreds of bottlenose dolphins early on Tuesday morning, campaigners said, despite mounting international calls for the animals to be spared.<p>Members of the marine …

Nearly half the people in South Korea had their credit card numbers stolen by one man

The credit card information of 20 million South Koreans has been leaked, state regulators reported on January 19. In a country of 50 million, this marks one of the country’s most devastating security breaches ever. The perpetrator? Allegedly, a single engineer.<p>An employee of Korea Credit Bureau has …

Identity Theft

$8.8m '58 Ferrari 250 GT California Spider highlights RM's Arizona auction

All manner of vehicles change hands at the annual auction extravaganza in Arizona, but never has one sold for as much as the Ferrari you see here. The car in question is an (obviously) eminently desirable 1958 Ferrari 250 GT LWB California Spider, one of only 50 ever made and purring onto the stage …

100 Best Companies to Work For 2018

<b>METHODOLOGY</b><p>Numbers on this list are U.S.-only unless indicated. Fields that contain a hyphen (-) instead of a numerical value have been left blank, it does not mean the value is zero.<p>Great Place to Work U.S. measures companies on the following characteristics: Executive team effectiveness, …

Dinner with Goldman Sachs cost him $34 million

What’s the most money a dinner has ever cost you? Two hundred bucks? Five hundred? A thousand?<p>Self-made Asian tycoon Peter Oei may take the award for …

Goldman Sachs

Charter Offers $61 Billion For Time Warner Cable: What About Comcast?

Charter Communications offered $61.3 billion for Time Warner Cable, according to Charter CEO Tom Rutledge in an interview with Bloomberg News. The offer is $37.4 billion not including debt, or $132.50 per share, including about $83 in cash and $49.50 in Charter stock. If the takeover goes through, …

Tata: the Indian powerhouse behind Jaguar Land Rover success

Mumbai-based multinational conglomerate has assets worth around £50bn and employs more than 450,000 people globally<p>Sales at Jaguar Land Rover have surged annually since the two ailing British brands were united under the ownership of the Tata Group in 2008.<p>The purchase by Tata of both Land Rover …

Bank bonuses: brace yourself for the great Wall Street trousering

The big US banks are about to reward their employees again, to the tune of another £4bn<p>This is a big week. A very big week. A several-billion-dollar week, in fact, if you happen to be a Wall Street banker.<p>Yes, it's the time of year when US banks reveal how much they've stuffed into their bonus …

Everyone In Norway Is Now A Millionaire

Everyone in Norway is now a krone millionaire thanks to their sovereign wealth fund soaring on the back of high oil prices.<p>According to Norway's …

BP appeal against 'fictitious' Gulf spill compensation claims fails

Oil giant's Deepwater Horizon settlement amounting to billions of dollars stands after appeal rejected by US court<p>An attempt by BP to block billions of dollars of what it says are bogus compensation claims related to the Deepwater Horizon Gulf oil spill has been rejected by a US appeals court.<p>The …

PepsiCo's first premium water to hit red carpet

If you're willing to pay a little extra for trendy bottled water, there's Evian, Smartwater and Fiji. Now, PepsiCo wants to throw "Qua" into the mix.<p>The world's No. 2 beverage company plans to gauge response to its first premium bottled water brand at the Golden Globes this weekend. The bottles …

Tap Water

Mint condition: countries tipped as the next economic powerhouses

Forget the Brics and the Civets, Mexico, Indonesia, Nigeria and Turkey are the new kids on the bloc according to economists<p>• Meet the Mints: Mexico | Indonesia | Nigeria | Turkey<p>First it was the Brics. For a while the Civets were in vogue. Now the Mints are the ones to watch. Confused? Well, once …

Bitcoin

Once Again, Is JPMorgan Chase Too Big to Jail?

In another major victory for JPMorgan Chase and its CEO Jamie Dimon, prosecutors said today the bank will be able to avoid criminal charges under a …

Economics