Pascal Le Segretain/Getty Tesla CEO Elon Musk Mercedes will compete with Tesla in 2018 in three key areas: electric SUVs, at-home batteries, and electric trucks Tesla has generated brand loyalty and excitement for sustainable tech, but Mercedes thinks it can win on execution It’s hard to go a day without seeing a headline about a […]

Scott Santens Scott Santens. People on all sides of the political spectrum are beginning to talk about the idea of basic income —  the idea of paying, without conditions and independent of all other earned income, a monthly stipend just large enough for the meeting of every citizen’s basic needs, like food and shelter. Talking […]

Yuya Shino/Reuters Softbank CEO Masayoshi Son Japanese tech and telecom giant SoftBank has hired Colin Fan, a former head of investment banking and trading at Deutsche Bank, Bloomberg News’ Stephanie Baker reports.  The Hong Kong-born banker joined Deutsche Bank as a credit trader in 1998. Over 19 years, Fan rose through the ranks, eventually being named co-head of the firm’s […]

Getty Images / Jeff J Mitchell Zaha Hadid died in March 2016. The late architect Zaha Hadid — known as the “Queen of the Curve” for the modern, curving designs of her buildings —had a legendary career. The Iraqi-born British architect became the first woman to win the Pritzker Architecture Prize (the Nobel Prize of her […]

“The Wolf of Wall Street”/Paramount Pictures Leonardo DiCaprio portrays Jordan Belfort in the 2013 film “The Wolf of Wall Street.” The Associated Press and Equilar, an executive data firm, teamed up to calculate which three CEOs received the biggest pay raises in 2016, and which three took the biggest pay cuts. Check out who won at the bank, […]

Carl Court/GettyImages Here they are: The darlings of hedge fund stock pickers.  S&P Global Intelligence has released its Hedge Fund Tracker, which takes a look at the holdings of the ten largest pure play hedge funds. Such firms focus on stock picking, have less than 100 positions, and are more activist in their nature than other hedge funds. […]

Samantha Lee/Business Insider Fragrance is incredibly misunderstood. Even the name confuses people. Many think cologne is for men and perfume is for women, but those terms merely refer to the concentration of scent oils in the fragrance, which is itself the basic, gender-neutral term. There are many other misconceptions, so we decided, with the help of […]

Since Donald Trump’s victory in November, the US stock market has reached new highs.  But many Wall Streeters think American equities have reached their ceiling.  During the March meeting of the Federal Open Market Committee, for example, a number of Fed leaders expressed concern about the high-price tag of US equities. Meanwhile, Larry Fink, the head of […]