Archive for June 19th, 2017

Three months after leaving Goldman Sachs Group Inc., Archie Parnell got an invitation to pet a rat named Rascal.

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It's much more than the average 18 to 24-year-old full-time employee.

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• The value of Ether has risen 4,500 percent since the beginning of the year. • The digital currency network may soon surpass Bitcoin, its inspiration. Or it may fizzle.

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Millions of Americans are shackled to high-interest auto loans after a subprime lending spree, and regulators fear the effect on the broader economy.

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If Uber flames out, then what? Experts weigh in.

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Imagine for a moment New England Patriots head coach Bill Belichick stepping down, only to be replaced by the teams defensive coordinator, Matt Patricia. Does anyone seriously think the Patriots present odds of winning the 2018 Super Bowl would hold firm at 7 to 2? What about if Tom Brady suddenly retires only to be succeeded by Jimmy Garoppolo?
All of this is worth considering from a business angle. In 2008, Tyler and Cameron Winklevoss were famously awarded at least $65 million after a legal battle with Facebook CEO Mark Zuckerberg. The twins contended that Zuckerberg expropriated…

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Business models often change quite dramatically over time in the American economy. Think of booksellers; Amazon changed the concept of a bookseller and its book retailing vision led to the radical diversification of its product line.
Some business models are more resistant to change, with firms concentrating on specialization rather than engaging in organizational innovation and diversification. Take the example of hospitals. Within our health system, hospitals carry out a repair shop function, and, despite new technologies and advancing professional skills, that function and business…

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<p>U.S. stocks traded higher on Monday as technology stocks tried to recover from a wobbly performance last week.</p>

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Oil traded near $45 a barrel following a fourth weekly loss as U.S. drillers continued to add rigs and Libya boosted output, blunting OPEC-led efforts to rebalance an oversupplied market.

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<p>U.S. stocks opened higher on Monday as technology stocks tried to recover from a wobbly performance last week.</p>

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Alibaba is selling the Chinese dream this week—in Detroit. The Chinese e-commerce giant is pulling out all the stops to impress America at Gateway ’17,…

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For anyone in the business of selling, supplying or hauling groceries: Things just got real.

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