Newsweek News
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Ben and Milton are together. Ben is asking Milton a question: “Shall there be action, Master, or depression?” Ben is like Obi-Wan Kenobi to Milton’s Yoda. At first, Milton doesn’t answer. Finally, Milton speaks. “Depression let it be. Deflation it must be.”
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As he campaigns for the Republican presidential nomination, Newt Gingrich has become a de facto spokesman for Lean Six Sigma, a business management concept pioneered by a Dallas entrepreneur who has spent more than $200,000 of his own money to promote the former House speaker’s candidacy.
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Charles Murray knows that people who read fat books of social criticism aren’t normal. They weren’t normal when the books had titles like “The Affluent Society,” “The Hidden Persuaders” and “The Organization Man,” and they aren’t normal today.
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Billionaire George Soros said “the euro must survive because the alternative, a breakup, would cause a meltdown that Europe, the world, can’t afford,” Newsweek Magazine reported, citing an interview in New York ahead of his participation at the World Economic Forum in Davos.
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Bloomberg's Deirdre Bolton reports on billionaire George Soros's interview with Newsweek magazine. (Source: Bloomberg)
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Washington Post Co. is exploring a sale of Newsweek magazine, the money-losing publication it has owned since 1961, as readers defect to Internet competitors.
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Sidney Harman , the founder of Harman International Industries Inc. , agreed to buy Newsweek magazine from Washington Post Co. , ending a three-month bidding process for the money-losing publication.
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German two-year note yields touched the highest in more than four weeks before data that economists said will show business confidence climbed to a five-month high, damping demand for the safest government debt.
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Rajat Gupta, the former Procter & Gamble Co. director indicted last year for insider trading, illegally tipped now-convicted hedge fund manager Raj Rajaratnam about P&G’s 2008 sale of Folgers Coffee Co. to J.M. Smucker Co., federal prosecutors said.
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Ritchie Capital Management LLC Chief Executive Officer Thane Ritchie and private-equity firm OpenGate Capital LLC both said yesterday they are considering offers for Newsweek magazine as the first deadline for bidders approaches.
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