Tuba player Andrew Schwartz quit the Manhattan School of Music in 2011 when he saw opportunities shrinking and orchestras struggling. After a series of low-paid jobs such as selling stocks by phone, he left the workforce in August to pursue a master’s degree in business administration.
Vietnamese stocks advanced the most in Asia, with the benchmark index closing at the highest level in more than five weeks, after a drop in consumer prices in the two biggest cities signaled inflation may slow nationwide.
Japan’s copper wire and cable shipments fell 2.9 percent in April from a year earlier, slumping for a fifth month on subdued demand even after the country’s economy expanded the most in a year last quarter.
The Canadian dollar fell against its U.S. counterpart after Stephen Poloz, head of the nation’s export-financing agency, was named to lead the Bank of Canada amid concern he may be more amenable to easier monetary policy than the official he will succeed.
AES Gener SA, Chile’s second- biggest power generator by revenue, rallied to a record after Banchile-Citi raised its price target, citing potential profit gains as the company starts operations at power plants.
Prime Minister Benjamin Netanyahu’s shortlist to succeed Stanley Fischer as Bank of Israel head includes Deputy Governor Karnit Flug and Manuel Trajtenberg, one of the premier’s former economic advisers, said two people familiar with the appointment process.