Andrew Carnegie News
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As the 19th century wound down, the industrialization of the U.S., by then the world's largest and most productive economy, was piling up fortunes of unprecedented size.
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The economic power that some in the financial community attain bothers many people deeply. It offends our ideal of a society that aspires to respect, appreciate and support everyone. The pursuit of power that often drives financial capitalism seems contrary to the concept that finance should be about the stewardship of society’s assets.
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Carnegie Mellon University will receive a $265 million donation from retired steel executive William S. Dietrich II, the largest gift in the school’s history.
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Many people assume there is something sleazy about the business of finance, or the people who practice it. This impression is probably behind the commonly voiced opinion that it is a shame so many young people today are going into finance-related occupations, when they could be doing something more high- minded in other fields.
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U.S. Steel Corp., the nation’s biggest producer of the metal by volume, is making a comeback in debt markets as vehicle sales recover, fueling a surge in its bond prices from a record low.
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Tiger Management LLC’s Julian Robertson and William Donaldson, former chairman of the Securities and Exchange Commission, dined together yesterday at the New York Public Library’s Celeste Bartos Forum.
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Every December, New York’s salespeople dust off the Chateau Petrus and the Mercedes-Benz AMG Roadsters in the hope that St. Nicholas, erstwhile patron saint of the city, will drop big bonus checks into the stockings of local financiers.
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Every December, New York’s salespeople dust off the Chateau Petrus and the Mercedes-Benz AMG Roadsters in the hope that St. Nicholas, erstwhile patron saint of the city, will drop big bonus checks into the stockings of local financiers.
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Every December, New York’s salespeople dust off the Chateau Petrus and the Mercedes-Benz AMG Roadsters in the hope that St. Nicholas, erstwhile patron saint of the city, will drop big bonus checks into the stockings of local financiers.
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Thirty-four years after Black Monday, the day Youngstown Sheet & Tube announced shutdowns marking the end of the Ohio city’s steel era, a $650 million mill is coming to life thanks to the natural-gas drilling boom.
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