Roger Altman, former deputy treasury secretary and founder of Evercore Partners Inc., is a top candidate to replace Lawrence Summers as director of President Obama’s National Economic Council, Bloomberg News said.
Altman, 64, met with Obama Tuesday t…
In a New York Times op-ed, billionaire investor Warren Buffett expressed gratitude for the U.S.’s swift action: “In this extraordinary emergency, you came through — and the world would look far different now if you had not.”
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Just a few days after the auction of some of Ponzi scheme king Bernie Madoff’s prized possessions, it looks like the building that housed his opulent offices may be heading to the auction block as well.
The owners of Manhattan’s landmark Lipstick Buil…
A 24.8-carat pink diamond was sold in an auction for a $46.2 million on Tuesday, the most money ever paid for a jewel, auction house Sotheby’s said in a statement.
Continue reading Pink Diamond Sold for a Recor…
Forbes Media is reaching outside the family ranks for the first time to name a new CEO, the company announced Tuesday. Veteran venture capitalist and media executive Mike Perlis will assume his new post Dec. 1, replacing longti…