British newspaper readers were greeted by a simple but bold apology as they flipped through the morning headlines. In a letter placed by News International and donning the signature – and tone – of News Corp. CEO Rupert Murdoch, News of the
The South African rand ended stronger after a volatile day of trading on Monday, helped by receding fears of widespread market contagion from indebted Chinese developer Evergrande. At 1640 GMT, the rand traded at 14.9125 against the dollar, around 0.3% firmer than its previous close. Evergrande owes $305 billion and has run short of cash,
Read More →One of the most fascinating elements of Switzerland’s success is its determination to remain neutral under unimaginable pressure to pick sides. The country has not declared a state of war since 1847 (it never entered the World Wars or the Iraq war) and opted out of joining the European Union. They didn’t even join the
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Is being an entrepreneur in your DNA, or can it be taught? A new study from Babson College finds the evidence is “overwhelming” that if business students take at least two core entrepreneurship classes, that can “positively influence” them to go on to start up a business. Professors at the Wellesley, Massachusetts-based college analyzed
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In November 2009, an anonymous solitary entrepreneur hacked together a service that randomly paired up strangers in video chats. The phenomenon, known as Chatroulette, was bizarre, often sexually explicit, and always fascinating. Within a matter of months, Chatroulette had tens of thousands of daily users and was a media sensation in the U.S. What no
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Calvin Klein doesn’t want you to buy counterfeit goods. Nor do Tommy Hilfiger, Diane von Furstenberg and Donna Karan, for that matter. Those are just a few of the fashion industry luminaries who partnered with eBay (EBAY) to send a message to consumers to “just say no” to counterfeit merchandise via the “You Can’t Fake
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