1789 Capital, a firm co-founded by Omeed Malik, invests in a “parallel economy” of conservative-friendly companies.
Philanthropies with large stakes in weight-loss drugmakers Eli Lilly and Novo Nordisk have surged in value and are now among the biggest in the world.
Engaged Capital has built a big stake in VF, owner of retail brands including Vans and The North Face, and plans to push for a slew of changes including steep cost cuts.
The further limits on shipments could cripple Beijing’s A.I. ambitions and dampen revenues for U.S. chip makers, analysts said.
The Future Investment Initiative kicks off in Riyadh next week, with questions swirling over who will attend and who will drop out of the event.
The bank is pinning much of its hopes on its asset and wealth management unit. Revenue in that business dropped 20%.
The pharma giant has had to slash projections, but investors welcome its plans to cut costs.
Washington state had the sixth-highest cutoff in the country for the top 1% of earners.
Letting go of hustle culture can be hard. After all, it’s built on the ideal that we should strive for more at all costs because isn’t more always better? The implicit promise of hustle culture is that if you give yourself over to the grind you can have it all.
It’s a sacrifice that employees are no longer willing to make. As workplace stress continues its relentless climb and burnout hits record levels, employees are drawing a line on giving more and are instead demanding more of their employers…
Developers are combining new strategies with state and federal funds to turn decayed power plants once considered a blemish into potential assets for economic growth.