CEO and president Dr. John Noseworthy says a lot of waste comes from not getting the answer right the first time.
The country’s oldest luxury retailer, Lord & Taylor, said today that it’s selling its iconic Manhattan headquarters for $850 million. After Christmas next year, the building will become the headquarters for WeWork, a 7-year-old office space company. WeWork is valued at $20 billion, making it the fourth most valuable private U.S. startup — behind Airbnb, […]
One-third of Ciudad Juarez residents live in poverty. A city tech incubator is working to generate higher paid employment.
The Federal Reserve Bank of New York has a study out today highlighting problems startups have getting financing. And the reason this matters? The report says startups account for “nearly all net new job creation” in the U.S. economy. For these companies to continue growing, they need to be able to access financing — and some are […]
"A narrow swath of people, places and firms" account for a huge part of national growth, EIG co-founder says.
The bank is making a risky bet on something far from its comfort zone.