Thomson Reuters The corporate logo of Ford is seen at a Ford branch in Caracas LONDON (Reuters) – The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during […]

Kevork Djansezian/Getty Images The 405 freeway. Tesla is about to bring online a more advanced version of its autopilot technology. However, CEO Elon Musk tweeted that one major hurdle remains, specifically related to the “autosteer” function, which enables a Tesla vehicle to handle highway driving more or less autonomously.  “Final corner case,” Musk wrote, “is dealing […]

REUTERS/Eduardo Munoz Steve Cohen, the billionaire hedge fund manager and founder of Point72 Asset Management, has donated $ 1 million the “super PAC” supporting New Jersey Gov. Chris Christie (R), according to government filings. His wife, Alexandra, who runs the Cohen family charitable organization, has also donated $ 1 million to the group, America Leads. The donations come […]

Streeteasy The penthouse at 54 Thompson Street recently made an appearance on HGTV. A Manhattan man is reportedly having a rough time with his $ 10 million “dream penthouse” loft. But it has nothing to do with the 7,364-square-foot home itself, which was recently featured in HGTV’s “Selling New York.’’ Rocco Vogel is reportedly suing the Soho building’s ground floor tenant, […]

Deutsche Bank is planning to freeze bonuses for all management board members, reports Reuters’ Kathrin Jones. The freeze is reportedly being enacted while a German regulator investigates the bank’s role in the “Libor” interest rage rigging scandal. Deutsche Bank in April reached a $ 2.5 billion settlement over accusations that it helped rig the London Interbank […]

Courtesy of Penguin Random House Noah Rothbaum is the author of “The Art of American Whiskey.” The Prohibition Era left a gap in America’s knowledge of whiskey, leading to a slew of myths and misconceptions.  Whiskey and spirits enthusiast Noah Rothbaum debunks some of these myths in his new book, “The Art of American Whiskey,” which uses […]

John LeFervre John LeFevre Editors note: We sent John LeFevre, aka @GSElevator, a list of questions about his new book Straight To Hell: True Tales of Deviance, Debauchery, And Billion-Dollar Deals. Here are his answers. Some critics of your book, which is now a New York Times bestseller, have said that it’s just a bunch of […]