(Photo by jvargas / CC BY-NC-ND 2.0) Ever since living in Manhattan in the mid 1980s, Rebecca Kemble harbored a secret desire to be a cab driver. By 2000, she was finishing up her doctoral work and interviewing for a dean position at the University of Wisconsin at Madison. The hiring process was moving slowly, and as a single mother at the time she had kids to feed and shelter. So Kemble walked down her street to the offices of Union Cab Cooperative to see about fulfilling her fantasy, at least for a few months.
GLENVIEW, Ill., Jan. 21, 2021 /PRNewswire/ -- Weiss & Company LLP is pleased to announce that two senior managers - Eve Fugiel and Lisa Hahm - have been promoted to partners. "We could not be happier to bring on Eve and Lisa as partners," said managing partner Dan Fortman. "They both have...
U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later at a confirmation hearing Tuesday.
Some experts predict family offices' risk tolerance will likely increase this year. : As family offices shake off the remnants of 2020, they're turning their attention to which types of commercial real estate investments to pursue in 2021.
Kennedy Lewis Investment Management Closes Second Opportunistic Credit Fund With $2.1B Of Commitments
NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Kennedy Lewis Investment Management ("Kennedy Lewis"), a leading opportunistic credit manager, today announced that it completed fundraising for Kennedy Lewis Capital Partners Master Fund II LP ("Fund II") with $2.1 billion of capital commitments....
IBM Watson picked these stocks to outperform.Artificial intelligence will likely revolutionize the global economy in the next several decades, and Wall Street is not immune to the AI disruption. (Bloomberg) -- Wealthy investors rushed to offload stock in Alibaba Group Holding Ltd. after China began an investigation into alleged monopolistic practices at billionaire Jack Ma's internet giant, according to Citigroup Inc.'s private bank."A large number" of the bank's ultra-rich clients cut or exited their holdings in China's largest e-commerce firm after reports of the probe emerged, Citi Private Bank's Lab for Family Offices said in a report released Tuesday.
Artificial intelligence will likely revolutionize the global economy in the next several decades, and Wall Street is not immune to the AI disruption. In fact, financial services company EquBot is already leveraging the power of the IBM AI Watson supercomputer to manage a unique exchange-traded fund, the AI Powered Equity ETF (ticker: AIEQ). Watson selects stocks it believes will outperform the market and adjusts the fund's holdings accordingly. AI is getting smarter by the day, and the ETF has outperformed the S&P 500 significantly in the past year. Here are seven of IBM Watson's top stock picks heading into 2021.
CHICAGO, Jan. 19, 2021 /PRNewswire/ -- Family Offices continue to serve as the 21st century global best-in-class solution for affluent families striving to achieve long-term wealth management and preservation. According to the Securities and Exchange Commission, Family Offices are...
The theme is "America United," but Covid-19 and the specter of domestic terrorism are casting shadows over the event. : Joe Biden will be sworn in as the 46th president of the United States on Wednesday in a ceremony that will keep with tradition while being unlike any other inauguration in U.S. history.