Joule Assets Inc., a provider of financing for power-reduction projects, created a $100 million fund for institutional investors to back projects that generate revenue by reducing electricity consumption.
The Standard & Poor’s 500 Index retreated from a record, set after the Federal Reserve’s decision to cut stimulus yesterday, as investors weighed economic data that included jobless claims and home sales.
One hour north of New York, there's a mushroom with your name on it.And a 6-foot-4 hobbit named Jeremy McMillan darting about the woods to fetch it for you.McMillan is executive chef of the Relais & Chateaux hotel/yoga studio/restaurant also known as the Bedford Post Inn, in Bedford Hills. On a late-autumn evening, Loot’s plate bore the fruit of his foraging -- not a mushroom, in this case, but a potato. Make that a sunchoke."What is a sunchoke, anyway? No one at our table can figure it out," I ask the chef, not waiting for the answer to devour it."It’s also called a Jerusalem artichoke," McMillan says with a smile. "It's the tuber of a type of sunflower, similar to but creamier than a potato. And the skin has an amazing truffle flavor. But it's a little briny, which is why I paired it with the monkfish."The monkfish-sunchoke number is delightful. But that’s not what’s striking. It’s McMillan's look-what-I-found wonderment that pervades the dishes, which are almost all wood-fired and displayed on either
American mutual funds are scouring Europe for bargains, snapping up Dutch oil drillers, French drugmakers and Swiss food producers on speculation the region’s rally is just beginning as the U.S. bull market ages.
Emerging-market stocks led global equities higher as faster-than-estimated Chinese export growth bolstered optimism in the global economy. The Standard & Poor’s 500 Index and India’s benchmark gauge rose to close at record highs, while natural gas jumped on colder U.S. weather.
NQ Mobile Inc., the Chinese mobile- services provider that Muddy Waters LLC accused of inflating revenue, posted profit that beat estimates as sales of game software rose and said that management will buy $3 million worth of shares.
NQ Mobile Inc., the Chinese mobile- services provider accused of inflating revenue, said it plans to expand its customer base as it rejected fraud allegations from short-seller Carson Block’s Muddy Waters LLC.