The Chinese stock market has taken investors on a wild ride recently: In June, the Shanghai Composite Index was sitting at 5,000… By August, it had dropped to 3,000—a nosedive of 40%. To recoup their money, Chinese investors are looking to the U.S.
Last weekend, I went on a family trip up the coast of Maine—there’s nothing quite like New England in the fall. Early one evening, over a cold beer and a hot cup of clam “chowdah,” we started chatting about the recently announced merger between Dell and EMC.
Last Friday, a British entrepreneur named Cliff Dennett put on a well-pressed shirt and blazer, took a deep breath, and sat down for a painful interview. During the videotaped interrogation, which we’ll link to below, Cliff opens up about why his start-up failed—and why his investors lost all their money.
Bill Gross was once dubbed the “the biggest investor in the world.” For decades, he managed the $292 billion Pimco Total Return Fund—up until last year, it was largest bond fund on the planet.
Generating Power—Out of Thin Air We live in a perpetual cloud of radio frequency (RF) signals. These signals are the reason your smartphone gets coverage, and your TV receives digital broadcasts.
Pop Quiz: When a company is about to go public, why does it lobby so ferociously to get a top-tier bank like Goldman Sachs or JP Morgan to manage its IPO?