At what juncture in this clown circus that passes for corporate governance and national government do we draw the reins hard and say “Whoa, this stuff doesn’t fly anymore"? We
DAVOS, Switzerland (AP) The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
For banks, lucrative transactions often pay so well because they carry high levels of risk meaning, they may end up not being lucrative at all. Some of the world’s biggest banks are living that reality after having to sell, at discounts as high as 35%, much of the roughly $80 billion in “hung debt” they raised to facilitate mergers and leveraged buyouts before deal activity slowed to a crawl. The only thing worse than selling debt at a discount is not being able to sell it except at a level co
Eversince tech billionaire Elon Musk has gone ahead with the clinical trials in humans for an implantable Brain-Computer Interface (BCI) developed by his company Neuralink, the buzz around the impact of artificial intelligence on human race has increased many fold.