Gilbert Beebower, co-author of a 1986 paper demonstrating that investors should focus on allocating money among equities, bonds and cash, rather than pick stocks or bet on market turns, has died. He was 79.
Nokia Oyj , LG Electronics Inc. and chipmakers including STMicroelectronics NV were sued by the California Institute of Technology, which said the companies’ mobile phones and components infringe its patents.
The California Institute of Technology is the world’s top-ranked university for the third consecutive year in the Times Higher Education World University Rankings, as U.S. schools hold seven of the first 10 spots.
Stephen Schwarzman, co-founder of Blackstone Group LP, sold stationery as a Yale undergraduate, making enough money to buy a stereo, on which he played the Four Tops and the Beatles, he recalled the other night at a reception for the Oxford-Pershing Square Graduate Scholarships.
It sounds like magic, far-out fiction, a California dream. Yet earnest scientists are hard at work on a new alchemy: brewing fuel for cars -- synthetic gasoline -- from little more than water and sunshine.