Nobel Prize

Nobel Prize News

  • Gabriel Garcia Marquez, Leonard M. Rosen: Obituaries This Week

    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.

  • Chicago’s Gentzkow Wins John Bates Clark Young Economist Award

    Matthew Gentzkow, a University of Chicago professor, won the American Economic Association’s John Bates Clark young economist award for his work explaining the role of economics in the news media.

  • Gabriel Garcia Marquez, Nobel Prize-Winning Novelist, Dies at 87

    Gabriel Garcia Marquez, whose novel “One Hundred Years of Solitude” put Latin America and the style known as magical realism on the international literary map, has died. He was 87.

  • Putin Bank Trail Runs From Communist Cash to Billionaires

    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.

  • China Stimulus Would Be ‘Mistake’: Nobel Laureate Phelps

    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.

  • How Money Managers Fight Their Emotions and Sometimes Lose

    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.

  • Physicist Who Put Bang in Cosmos Seeking Other Universes

    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.

  • Riken Says Some Data Falsified in Stem-Cell Studies

    Japan’s Riken research center said some data were falsified in a pair of studies that had outlined a simpler, quicker way of making stem cells.

  • Companies Try to Catch CO2 Before It Touches the Sky

    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.

  • Oaktree Propels House Flipping Revival With 20% Gains: Mortgages

    House flipper Greg Hebner expects to rake in about 30 percent profit in eight months, more than twice the return of the Standard and Poor’s 500 Index, as he seeks a buyer for his latest makeover.

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