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Winning doesn’t change your principles. It reveals them.
So says Prem Kumar Nair, CEO of Asia’s largest private health group, IHH Healthcare, as he grapples with an Asia that’s wealthier, longer-lived, and far more willing to spend money on the finer things in life. “As populations grow more affluent and people indulge in good food and wine, we’re seeing a rise in lifestyle…
A proposal to tax California’s billionaires has fractured Democratic politics, repelled some of the state’s richest residents and exploded into a costly battle that’s overshadowing even the gubernatorial election. Processing Content Known as Proposition 40, the ballot measure is also dividing the very industry it’s supposed to help. The healthcare-workers union behind the initiative, which…
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
Prior was +0.8% Retail inventories ex-autos vs +0.8% prior For background, the US business inventories report, formally the Manufacturing and Trade Inventories and Sales release, is published monthly by the Census Bureau about six weeks after the reference month ends. It combines inventory and sales data from three sectors: manufacturers, wholesalers and retailers. Together they…
At 6 a.m. on Sept. 5, 2025, Owen Akhibi Herrera realized his side hustle was in trouble. Akhibi, the founder of New York City-based social fitness group Peak and Pace, had spent weeks planning a 5K run and after-party on Governor’s Island, a former military base off the tip of Manhattan that’s only accessible by…