This week’s notable deaths included a Nobel Prize-winning novelist; a co-founder of Wachtell, Lipton, Rosen & Katz law firm who helped avert a New York City bankruptcy in 1975; and the billionaire founder of France’s second-largest drugmaker who was the focus of a healthcare scandal. Below are summaries of these and other obituaries from the past week.
Present and past owners of OAO Bank Rossiya, the only company hit with sanctions for Russia’s takeover of Crimea, include three billionaires, two proteges of a Nobel Laureate and, according to a Spanish prosecutor, one possible mob boss.
Nobel laureate Edmund Phelps was among a group of economists who called on China to refrain from introducing a stimulus package as pressure grows on the government to take steps to support economic growth.
Jeff Schwarte was in a quandary. The manager of the $3.5 billion Principal Large Cap Value Fund had held a big stake in Apple stock since 2004. Eight years later, in mid-2012, his analysts remained bullish on the stock. But since the start of the year, the algorithms in Schwarte's quantitative valuation models had warned that Apple's profit margins were shrinking.
Entering the Massachusetts Institute of Technology’s Center for Theoretical Physics by the front door, one passes more than a dozen well-used blackboards, meeting areas and offices before finding Alan Guth’s.
Andre Boulet, chief executive officer of Inventys Thermal Technologies Inc. in Burnaby, British Columbia, holds up a 6-inch piece of charcoal, showing how light passes through toothpick-sized air shafts. He says the crevices in this filter offer a cheap way to capture carbon dioxide before it ascends into the atmosphere and haunts future generations.