50 years later, a starry The Boys in the Band is reborn on Broadway: EW review - EW.com thumbnail
Entertainment

50 years later, a starry The Boys in the Band is reborn on Broadway: EW review – EW.com

We gave it an A- In 1968, the same year that The Boys in the Band debuted Off Broadway, Phllip Morris launched Virginia Slims, its new female-focused tobacco brand, with the tagline “You’ve come a long way, baby.” Conflating gay liberation with a campaign designed to make women smoke skinny pastel cigarettes might be a reach, […]

Trend-Chasing Quants Post Worst Returns in 17 Years thumbnail
Business

Trend-Chasing Quants Post Worst Returns in 17 Years

A decades-old $350 billion pocket of quantitative money management may have met its match in February’s choppy markets — and it could get worse from here. Some quant investors are concerned that the most popular trend-following commodity trading advisors, more widely known as CTAs, are ill-equipped to handle a new era of steeper declines and…

Shkreli Deserves at Least 15 Years in Jail for Fraud, U.S. Says thumbnail
Business

Shkreli Deserves at Least 15 Years in Jail for Fraud, U.S. Says

Martin Shkreli should face at least 15 years in prison for defrauding investors in two hedge funds he operated and for scheming to hide his control of a drug company he founded, prosecutors said. Shkreli’s “inability to acknowledge that his actions constituted crimes, coupled with his other disdain for the criminal justice system (which has…

Uber Spent $10.7 Billion in Nine Years. Does It Have Enough to Show for It? thumbnail
Business

Uber Spent $10.7 Billion in Nine Years. Does It Have Enough to Show for It?

What makes Uber Technologies Inc. the most valuable venture-backed technology company in the world? Investors say size and growth. The business is transforming global transportation networks. On closer inspection of its financial performance, Uber also pioneered a very expensive way of establishing a market and staying on top. Uber has had little trouble finding investors eager to buy into its vision. It…

Jeff Bezos Has Spent $42 Million Building a Clock to Run 10,000 Years thumbnail
Business

Jeff Bezos Has Spent $42 Million Building a Clock to Run 10,000 Years

Originally published by Jack Forster on Hodinkee. If you’ve been rattling around in horology circles in the last 15 or 20 years, you may have run across a unique (and I do mean unique) clock project, undertaken by an organization called the Long Now Foundation. The Long Now Foundation was created in 1996, and “…hopes to provide…