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Napoleon Hill talks about his meeting with Andrew Carnegie
Robert Armstrong, the FT's head of Lex, and writer Giles Wilkes explore a history of bear markets and ask whether a market rout always leads to a recession.
With so much volatility in the markets, the natural place to retreat to would be defensive stock, mainly consumer staples. However, says Rob Armstrong, with such stock being expensive compared with 2007, the options for investors are more limited.
Lex’s Robert Armstrong and Christopher Thompson discuss the implications of the bonus cut for Tidjane Thiam, chief executive of Credit Suisse, and whether shareholders should focus less on CEO pay and more on overall compensation at banks
Johnson & Johnson is hunting for potential acquisitions as it seeks to spend $18bn of cash. Perhaps healthcare activists should turn their guns to Switzerland, says Lex’s Rob Armstrong, instead of focusing on the US-based pharma group.
Johnson Controls has proposed a $20bn tie-up with Tyco International which would move the US manufacturer's domicile to Ireland. Lex's Rob Armstrong looks at the logic behind the deal and why these two illogical conglomerates are choosing to merge.
Published on May 17, 2012
Via Business Insider: “As the war over income inequality wages on, super-rich Seattle entrepreneur Nick Hanauer
has been raising the hackles of his fellow 1-percenters, espousing the contrarian argument that rich people
don’t actually create jobs. The position is controversial — so much so that TED is refusing to post a talk
that Hanauer gave on the subject. National Journal reports today that TED officials decided not to put
Hanauer’s March 1 speech up online after deeming his remarks “too politically controversial” for the site…”.
26,467 Likes, 1402 Not Like & 1,756,061… views on YouTube.
Kanye West brought some "High Lights" to the Saturday Night Live stage this weekend.
The rapper performed the new track on NBC's sketch show Saturday with help from a small squad of friends including Young Thug, The Dream, El DeBarge and Kelly Price. Donning a glitzy jacket (likely Balmain, a regular West choice) and acid wash jeans, ‘Ye performed the track in front of a glitchy, colorful background that kind of looks like his new video game
“High Life” is one of the tracks on ‘Ye’s newest album, The Life of Pablo
He recently debuted the song on Feb. 11, during his Yeezy Season 3 fashion show at Madison Square Garden. Millions livestreamed the event on Tidal, tuning in to hear one of the most hyped up albums of the year. Read more...More about Music, Entertainment, Television, Saturday Night Live, and Kanye West
NEW YORK – Kerby Jean-Raymond knows how to make a statement. It was the young New York designer who caught the attention of the fashion industry when his entire last season was dedicated to the Black Lives Matter movement.
But after so much attention was given to the designer, he found himself in a quandary. Was he pigeonholed into becoming the industry black designer who would be defined by his political stances?
That led to depression a couple of weeks later.
“It was freeing to be able to create that collection and I have no regrets, but I went through the emotions,” he said to Mashable backstage at his show, Saturday. Read more...
Yet it wasn't a candidate who came out the winner after the six candidates on stage lobbed barbs each others' way
Rather, it was debate moderator John Dickerson, the host of CBS' Face the Nation, who crisply and humorously kept the debate moving — and the candidates in their places — despite anger-fueled exchanges onstage and a feisty audience
One of Dickerson's best moments of the night came during a fiery exchange between front-runner Donald Trump and Texas Sen. Ted Cruz Read more...More about Politics, Gop Debate, Business, Media, and Election 2016
In the final moments of Saturday's Republican presidential debate, Ben Carson quoted Joseph Stalin
"Joseph Stalin said if you want to bring America down you have to undermine three things—our spiritual life, our patriotism, and our morality," Carson said during the Republican presidential debate, hosted by CBS.
But, as it turns out, Stalin may have never said that.
The fact-checking site Snopes did some digging into this quote earlier in the month and found no way to attribute it to Stalin.
Instead, Snopes found, the attribution dates back to a Facebook post that circulated as early as 2011. Read more...More about Us World, Politics, Us, Election 2016, and Ben Carson
Ohio Gov. John Kasich sought to stay above the fray Saturday night at yet another GOP primary debate, avoiding ugly and heated fighting and yelling from his fellow Republican presidential contenders.
Over the course of the debate, GOP front-runner Donald Trump fought with both Jeb Bush and Ted Cruz. Cruz also got into an argument with fellow Sen. Marco Rubio — even fighting in Spanish over their stance on amnesty for undocumented (and largely Spanish-speaking) immigrants. Donald Trump called all five of his rivals "liars," and yelled at Cruz, "why do you lie? Why do you lie?"
But throughout all the shouting, interruptions and arguments, Kasich stood at his podium and expressed dismay over his opponents' tone. Read more...More about Politics, Marco Rubio, Donald Trump, Us World, and Ted Cruz