Acting Bank of Israel Governor Karnit Flug, passed over twice for the central bank’s top job, was nominated for the post today in a bid to wrap up a bungled selection process that’s left the institution without a permanent chief since June.
CommonBond Inc., an online provider of student loans, raised more than $100 million from investors including former Citigroup Inc. Chief Executive Officer Vikram Pandit to help more graduates reduce their debt loads.
In July 2008, my wife Linde was diagnosed with advanced squamous cell carcinoma of the oral cavity. Her subsequent treatment has led me to view U.S. medical care from a different perspective. What Linde and I have learned over the past two years has broadened my fundamental beliefs about medicine. In sum, while amazing advances have been made and miracles are occurring, medicine remains very much an art.
Bank of Israel Governor Stanley Fischer, credited by many economists for steering Israel through the global financial crisis, said he will step down in the middle of his second term. Bonds, stocks and the shekel fell.
The ex-wife of a former Microsoft Corp. employee could be eligible for a $1 million bounty for helping U.S. regulators impose one of the largest-ever insider trading fines against Arthur Samberg’s Pequot Capital Management Inc.
Hip-hop’s glamorous starlet Estelle crooned last night at the Darby -- everything from snippets of Madonna’s “Borderline” to her smooth-rap “Freak” to her first hit, “American Boy,” which the audience sang for her.
Bank of Israel Governor Stanley Fischer celebrated the reconstruction of a South American synagogue transported to Jerusalem, giving tours in December to admiring donors. Yesterday it was Fischer who received plaudits for rebuilding, in this case the central bank and the economy it oversees.