Krishnan Ganesh, who sold his online-tutoring company in Bangalore for $213 million, is the type of client that attracted global wealth managers to India. His refusal to use them helps explain why some are leaving.
New York Mayor Bill de Blasio, who took office Jan. 1 promising to reduce economic inequality, said he wants to end a 43-year policy that restricts admission at the city’s elite high schools to students who score highest on a standardized test.
Amazon.com Inc.’s sales contracts with some of the world’s biggest publishers, Simon & Schuster and HarperCollins, are next up for renewal, signaling that skirmishes over e-book pricing are set to spread.
Reckitt Benckiser Group Plc joined a growing number of the U.K.’s largest companies feeling an investor backlash over executive pay after almost a third of shareholders voted to reject the directors’ remuneration report.
European stocks were little changed, with equities posting their biggest monthly gain since July, as Ukraine accused Russia of stoking tension on its territory and data showed U.S. fourth-quarter economic growth slowed more than estimated.