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Despite investor worries about the U.S. debt, China's excesses and commercial real estate the world over, veteran global investor Barton Biggs says the global recovery now unfolding is going to be powerful. Biggs, who heads New York hedge fund Traxis Partners, spoke with TIME contributing editor John Curran on the outlook for world stock markets. (See 25 people to blame for the financial crisis...
...Harvard licensing income beyond the costs of trademark protection and licensing goes to fund undergraduate financial aid, and profits from the "Harvard Yard" line will be no different. Harvard Trademark Program director Rick Calixto told the Boston Globe that Harvard makes over $1 million in royalties by licensing trademarks to entities like bookstores and mall kiosks. Longbrake wrote in an e-mail that about $500,000 a year from Harvard's licensing revenue funds undergraduate financial...
Making a living as an architect has never been an easy proposition. Very expensive schooling is generally followed by years of laboring under another architect for slave wages - all in the hopes that one day a devastatingly rich patron will fund the dream building. But with the economy grinding along in second gear, billings have plummeted and even prominent designers, from Frank Gehry to Norman Foster, have been forced to downsize staff and shut offices - which means that a lot of people in the field are finding themselves watching daytime TV. There is, however, one architecture-related business that...
Billionaire George Soros wants to show you his softer side, but his latest philanthropic initiative is a bit of a head snapper. Soros is announcing today a $35 million donation to benefit underprivileged New York State children to the tune of $200 each. Literally. His gift will help fund a program dubbed "Back to School New York" and will allow the state to access about $140 million additional dollars in stimulus funds that are available to programs that fund needy families. A one-off donation, Soros' largesse is supposed to help kids purchase back-to-school supplies, though some critics...
...culpa feels like the theme-park world's version of Robert McNamara's in The Fog of War), the tall and handsome Psihoyos is the picture of confidence. He's also friends with Netscape billionaire Jim Clark, a very good thing to be if you're trying to fund a documentary. (Clark executive-produced...