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Texas Teachers Pension Eyes Hiring Spree for Investment Group
published Mar 23, 2018, 4:00:00 AM, by Michael McDonald (Bloomberg) — The Teacher Retirement System of Texas is one of the largest public pensions in the country, is considering almost doubling the size of its investing team so it can cut expenses by managing more of its money in-house. Jerry
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Women and Family: Live for a Living by Brad Weisman
Being surrounded my affluence can inspire one to go many directions. They can follow suit and grab onto what they have seen their entire life or they take a different direction. Sometimes the opposite opens up a new world and life becomes truly inspiring. Time has some worth and shouldn’t
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Facebook Is Blacklisted at Nordea’s Sustainable Investment Unit
published Mar 21, 2018, 10:41:58 AM, by Kati Pohjanpalo and Frances Schwartzkopff (Bloomberg) — The biggest bank in the Nordic region will no longer let its sustainable investment unit buy more stock in Facebook Inc. Nordea Bank AB has decided to “quarantine” Facebook investments in the asset management unit, “given
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Trump Replaces McMaster With Bolton as National Security Adviser
published Mar 22, 2018, 6:53:12 PM, by Nick Wadhams, Toluse Olorunnipa and Jennifer Jacobs (Bloomberg) — President Donald Trump is replacing White House National Security Adviser H.R. McMaster with John Bolton, a former U.S. Ambassador to the United Nations famed for his hawkish views, in the latest shakeup of his
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Billionaire Pritzker to Face Incumbent Rauner in Illinois
published Mar 21, 2018, 2:34:19 AM, by John McCormick and Elizabeth Campbell (Bloomberg) — Billionaire J.B. Pritzker won the Democratic primary for Illinois governor Tuesday after investing at least $69.5 million of his fortune to try to secure a job that comes with some of the biggest fiscal challenges faced
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As Commodities Roar, Africa Wants Bigger Slice of the Mining Pie
published Mar 21, 2018, 3:52:47 PM, by Thomas Biesheuvel and Tom Wilson (Bloomberg) — One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds. The collapse
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Korea Plans Budget to Prevent Youth Unemployment Catastrophe
published Mar 15, 2018, 2:59:22 AM, by Jiyeun Lee (Bloomberg) — South Korea plans an extra budget to help young people start companies and to support firms that hire them as the government battles to arrest the nation’s rising youth jobless rate. The aim is to push youth unemployment below
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Devotional 11/02: Wrestling with G-d
I had fallen and I could not get up. I had fallen and I did not want to get up. But you ordered me up so I jumped up and grabbed you. I held on tight and I would not let go. (Was it wrestling or holding? I don’t know)
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Google Said to Sweeten Deals With Publishers as Tech Woos Media
published Mar 20, 2018, 5:57:41 PM, by Gerry Smith and Mark Bergen (Bloomberg) — Google is offering publishers sweeter terms as part of a new subscriber tool announced Tuesday, currying favor with the news industry at a time when Facebook Inc. is sending mixed signals to newspapers and magazines. Publishers
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Why Money Managers Are Paid So Much Is a Mystery: Noah Smith
published Mar 19, 2018, 4:00:29 AM, by Noah Smith (Bloomberg View) — Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying. The financial industry commands a much larger share of the U.S. economy than in the past, causing