UFO Update – Featured videos:
A probe was launched from an Orbital Sciences Corporation Minotaur V rocket Friday night to eventually orbit the moon to collect information about earth’s lu… Video Rating: 0 / 5
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Holiday message from the Merchandise Mart, 1951, Chicago.
Neiman Marcus is latest victim of security breach
FILE – In this Wednesday, March 11, 2009 file photo, the Chicago skyline is reflected in the…
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In an exclusive CNBC interview, Kenneth Jacobs, Lazard, chairman & CEO discusses the financial crisis, the global economy and CEO confidence. Jacobs says, "CEO confidence is a factor of the real economy." CNBC's Kayla Tausche reports.
Possibly the best governmental office building in the world
In the Netherlands, UNStudio has shaken up the usual government building typology, creating the undulating Education Executive Agency & Tax Offices,
The Red Herring in Iran Nuclear Negotiations: Arak
The P5+1 and Iran are in Geneva negotiating the details of a first-phase deal on Tehran’s nuclear…
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Supported by their global institute run by David Petraeus and Ken Mehlman KKR has been expanding into Asian markets. In China specifically they have recently agreed to buy a 10% stake in Qingdao Haier Co Ltd. a large appliance maker. This stake in QHC is KKR's biggest investment in China to date and is their third asian deal with in a week. The investment is speculated to be around $550 million, a small portion of their $6 billion Asian investment fund. KKR expects to see a large growth in the appliance market in China, at lease 1/5th in the next two years and they are not the only ones. Two months ago Whirlpool Corp, the worlds larges appliance maker also invested a similar sum into China.
"I believe things can change. But instead of diverting huge national resources into house prices to fuel consumption, it means making an equivalent commitment to technology businesses, to long-term capital provision and to supporting our “Googles” of tomorrow."
Archie Norman
Mr. Norman is chairman of Lazard London
Congratulations to American Airlines and US Airways on their merger and welcome to the NASDAQ family!