ONCE UPON a time, long before the hoodie was invented, pioneers of business preferred to call themselves self-made men rather than entrepreneurs. They built hard assets like ports, railways and oil terminals. They cajoled—and canoodled with—governments. They built vast conglomerates. In America, such men made history in the Gilded Age. In India, one of their…
Posts published in “Asides”
THE SUDDEN unavailability a decade ago of cars in “tuxedo black”, “rugged brown” or “royal red” highlighted the vulnerability of the industry’s global supply chain. The abrupt closure of the only factory making a vital pigment because of its proximity to the tsunami-hit Fukushima nuclear plant in Japan affected most of the world’s big carmakers. A…
“WE’RE ALWAYS 30 days away from going out of business,” is a mantra of Jen-Hsun Huang, co-founder of Nvidia. That may be a little hyperbolic coming from the boss of a company whose market value has increased from $31bn to $505bn in five years and which has eclipsed Intel, once the world’s mightiest chipmaker, by…
Key Fed official sees rates liftoff in 2023 as policy debate heats up
Exclusive: Fed's Kaplan wants bond-buying taper to start soon and be gradual
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Biden Stimulus Increase Cut Obamacare Plan Premiums by 40%
In a talk at the Bloomberg Quant (BBQ) seminar, Leif Andersen, Global Head of the Quantitative Strategies Group at Bank of America Merrill Lynch explained how Non-Uniform Fast Fourier Transforms (NUFFTs) can be used in conjunction with modern quadrature metho…
The U.K. will expand its Covid-19 vaccine rollout to 16- and 17-year-olds, a move that could help curb infections at the start of the next school year.