Galerie Thaddaeus Ropac sold $2.4 million of blue-chip art halfway through the exclusive opening of the Armory Show this week in New York, as the city’s biggest event of its kind got off to a busy start.
A $2 million painting by Ellsworth Kelly and five light holograms by James Turrell, priced at $100,000 apiece, were among the first artworks snapped up by collectors at the opening of the Art Show in Manhattan.
A group of California public school students, backed by a Silicon Valley entrepreneur and a lawyer who defended companies such as Wal-Mart Stores Inc. and Apple Inc., are asking a judge to void state laws that they say let incompetent teachers keep their jobs.
Complacency about education has put U.S. workers at a disadvantage competing in a global marketplace, said Eli Broad , the Los Angeles philanthropist who has crusaded for a decade to improve student achievement.
Billionaire Eli Broad , who has made revitalizing downtown Los Angeles his mission for more than a decade, aims to attract more tourists with a $130 million museum as the city struggles with job losses and a corporate exodus.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Billionaire philanthropist Eli Broad hasn’t made scheduled payments to the Museum of Contemporary Art in Los Angeles because the institution has $2.1 million in grants it hasn’t put toward exhibitions.