Last weekend, Singapore Airlines Flight 836 was traveling from Singapore to Shanghai when the twin-engine Airbus A330-343 lost power on both engines over the South China Sea. Fortunately, the pilots were able to restore power to the engines, and the flight was able to continue on to its destination.  No injuries have been reported. Modern […]

Smithsonian’s National Museum of American History Here it is. The Smithsonian’s National Museum of American History will display a vintage Bloomberg keyboard once owned by legendary bond investor Bill Gross at its upcoming business history exhibition in DC. Gross, who last year left his role as chief investment officer at PIMCO for hedge fund Janus […]

© Carla Ten Eyck for Sarah Haywood Wedding Design The entrance using ballerinas for one of the billionaire weddings Sarah Haywood planned. Sarah Haywood is one of the most sought-after wedding planners for the richest people in the world. She has organised weddings for Fortune 500 businessmen, princesses, and popstars, who spend millions of pounds […]

While Europe battles long-term unemployment, some people have grown so restless that they’ve started working fake jobs at fake companies all around the continent. The New York Times’ Liz Alderman reports that thousands of fake companies across Europe hire fake employees to sell fake products to fake customers. Products like perfume, porcelain, and exotic pets. […]

This is terrible news…  The New York Post is reporting that a 29-year-old investment banker died after leaping from his luxury apartment building in Manhattan’s Financial District on Thursday morning.  The NYPD confirmed that the incident happened around 10:40 a.m. at 1 West Street. The NYPD did not release the victim’s name, age, or place […]

REUTERS/Jim Bourg/Files He’s probably a bond trader now. Here is a terrifying set of statistics from Bloomberg if you’re an investor over the age of 30. They describe how clueless the current set of City and Wall Street traders are going to be when the US and European central banks finally start raising interest rates: […]

Greek depositors are still pulling their money out of the country’s banks at a rapid pace. Data just out shows that €5.6 billion ($ 6.14 billion, £4.02 billion) left Greek banks during April. After a period of stability, the election of the new Syriza-led government and the current bailout negotiations have started the process again. […]

REUTERS/Stringer Pupils create the national flag on a canvas by using their hands dipped in red paint at a primary school in Jinan, Shandong province September 14, 2009. Foreign cash is streaming into China’s stocks even as the market shows signs of extreme volatility — while analysts pile on to warn that Shanghai equities are […]