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Meet the CEO Turning Data Into Money

This article was originally published by International Business Times. When Rado Lipuš, CFA, founder and CEO of Neudata, started thinking about data scouting as an outsourced service for asset managers, he was worried he might not unearth enough new data sets. A year down the line and he is busy hiring more staff to deal with…

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The Hidden Costs Of The World’s Ghost Apartments

The Hidden Costs of the World’s Ghost Apartments

Take an evening stroll on either side of New York’s Central Park and you will notice how few lights are on in the newer apartment buildings. That’s because no one lives there. Across the globe, empty luxury apartments darken many of the most desirable cities—Miami; San Francisco; Vancouver, British Columbia; Honolulu; Hong Kong; Shanghai; Singapore; Dubai;…

Parking Space: The Final Frontier in Sharing Economy?

I don’t know when the 1998 film The Truman Show became a touchstone for the modern, all-eyes-on-me experience, but I found myself thinking of the moment in the movie when Truman (Jim Carrey) begins to realize that his world is a figment of someone else’s imagination: He is parked in his driveway when he notices that…

In California, Farmers Rely on Oil Wastewater to Weather Drought

Updated | The wet, white noise of gushing water rises above a background track of twangy guitar. Water is tumbling out of a pipe into a holding pond that looks as though it has sat nearly empty for ages, its sandy sides the color of parched desert. It looks like the California of recent headlines: drought…

George Soros Would Invest $1bn in Ukraine With Western Backing

George Soros, the Hungarian-born billionaire investor, has said that he will invest $1 billion into Ukraine, but only if Western countries agree to help private investment in the country. While the 84-year-old has long called for financial aid from the West for the country, it is the first time he’s pledged to invest himself. “There are…

Stalking Jon Corzine

Few of the financial titans who ran firms into the ground over the past decade are as deeply connected on Wall Street and in Washington, D.C., as Jon Corzine, onetime New Jersey governor and U.S. senator and the former CEO of both Goldman Sachs and the now-defunct brokerage house MF Global. A testament to that may…

The Czech Minister, the Mistress and the Gold Bars

The last 18 months in the Czech Republic have resembled a high-octane soap opera with a plot that could easily be dismissed as too fanciful. That’s not quite how the European Commission’s anti-corruption body (GRECO) put it last month – but it was a withering report all the same, charging the Czech Republic with making “little…

UK’s Serious Fraud Office Grills Traders Over Europe-Wide Rate Fixing Scandal

Former traders from Barclays and Deutsche Bank have been called in for questioning as part of a UK Serious Fraud Office criminal probe into the suspected rigging of the Euribor rate. The criminal investigation was launched in 2012 to address the alleged manipulation of Libor (the London interbank offered rate) and other related interest rates and…

Next Up for Silicon Valley: Solving Death

Peter Thiel, the billionaire co-founder of PayPal, plans to live to be 120. Compared with some other tech billionaires, he doesn’t seem particularly ambitious. Dmitry Itskov, the “godfather” of the Russian Internet, says his goal is to live to 10,000; Larry Ellison, co-founder of Oracle, finds the notion of accepting mortality “incomprehensible,” and Sergey Brin, co-founder…

Why Putin Isn’t on ‘Forbes’ Billionaires List

Forbes released its annual list of the world’s wealthiest people on Monday. The 29th annual ranking found 1,826 billionaires worth a total of $7.05 trillion, but one person about whose wealth many have long speculated, Russian president Vladimir Putin, was notably absent. Forbes is transparent about its methodology: “We value individuals’ assets–including stakes in public and…

Warren Buffett Seeks to Invest in German Companies

Warren Buffett has said he is “definitely interested” in buying German companies through his multinational conglomerate holding company Berkshire Hathaway, telling the German newspaper Handelsblatt the country is a “great market”. Currently the world’s third richest man, with a net worth of $72.9 billion according to Forbes’ real time net worth tracker, the American bought the…

The Rise of Turing Robots Leads to a Fall in Wages

From 1970 to 2007, the U.S. economy grew at an average rate of about 3 percent a year (2.8 percent for the period from 1970 to 2012). The distribution of labor income was stable until about 1980. Then something happened. The economy’s real growth rate remained on the same trend, but the distribution of income started…

Warren Buffett’s Transparency Problem

Berkshire Hathaway, the giant conglomerate run for nearly half a century by lionized investor Warren Buffett, is drawing scrutiny for being less than crystal clear about how it is so profitable. The questions from Wall Street analysts, insurance specialists and corporate governance experts put the spotlight on a behemoth with $517 billion in assets that in…

The Rise And Fall Of Silk Road, The Dark Web’s Amazon

Silk Road To Hell

The clerk read each of the guilty verdicts, seven of them, while standing next to a large window that framed the Brooklyn Bridge in thin winter sunlight. That panoramic view will be one of the last Ross Ulbricht, who had just been convicted of multiple crimes, including narcotics trafficking conspiracy and money laundering, will likely enjoy…

The Birds of Wall Street

Wouldn’t it be great if the U.S. had a heat map of the entire financial system that could alert it to vulnerabilities and approaching calamities before a global crisis struck? While members of Congress squabble over a move in the House to erode provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a 64-year-old…

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Meet the CEO Turning Data Into Money

Meet the CEO Turning Data Into Money

The Hidden Costs Of The World’s Ghost Apartments

The Hidden Costs of the World’s Ghost Apartments

Parking Space: The Final Frontier In Sharing Economy?

Parking Space: The Final Frontier in Sharing Economy?

In California, Farmers Rely On Oil Wastewater To Weather Drought

In California, Farmers Rely on Oil Wastewater to Weather Drought

George Soros Would Invest $1bn In Ukraine With Western Backing

George Soros Would Invest $1bn in Ukraine With Western Backing

Stalking Jon Corzine

Stalking Jon Corzine

The Czech Minister, The Mistress And The Gold Bars

The Czech Minister, the Mistress and the Gold Bars

UK’s Serious Fraud Office Grills Traders Over Europe-Wide Rate Fixing Scandal

UK’s Serious Fraud Office Grills Traders Over Europe-Wide Rate Fixing Scandal

Next Up for Silicon Valley: Solving Death

Next Up for Silicon Valley: Solving Death

Why Putin Isn’t on ‘Forbes’ Billionaires List

Why Putin Isn’t on ‘Forbes’ Billionaires List

Warren Buffett Seeks to Invest in German Companies

Warren Buffett Seeks to Invest in German Companies

The Rise of Turing Robots Leads to a Fall in Wages

The Rise of Turing Robots Leads to a Fall in Wages

Warren Buffett’s Transparency Problem

Warren Buffett’s Transparency Problem

The Rise And Fall Of Silk Road, The Dark Web’s Amazon

Silk Road To Hell

The Birds of Wall Street

The Birds of Wall Street

Childcare Tax Credit from Georgia: Increased to $4,000

Why These Value Stocks Are on the Rise

After a Rough Week, Investors Are Hopeful on Big-Tech Earnings