What good is private equity, anyway? Critics say these investment pools make money the wrong way -- buying "target companies," slashing jobs, piling on debt and selling the remnants, which by then are doomed to fail. Defenders say PE is a strong creator of jobs and value, and a vital source of outsized returns for pension funds, university endowmen […]
After toppling long-standing regimes, destabilizing others and grabbing the world's attention, the Arab Spring's protestors most likely remain amazed at the far-reaching effects of their actions in early 2011. Although their demands in Tunisia and Egypt were focused squarely on long-term economic and political betterment, they also had an immediate […]
Whereas poor entrepreneurs were at one time unable to get even one loan, now they frequently can get three or four. And that's a problem, according to participants in the 3rd Annual Women's World Banking Advanced Leadership Program, which took place last week at Wharton Executive Education. Too many loans can cause clients to "drown themselves […]
With their bandit eyes and ironed hair tipped in white or black, the models in Miuccia Prada's latest show looked fierce indeed. "Strange creatures," Ms. Prada said backstage.
You might say the mood of the Milan fall collections, which began on Wednesday, is rarefied and rationale rather than conservative or classic. Bauhaus architecture and the movies of Fritz Lang were inspirations at MaxMara.
Companies have received more than $10 billion to create jobs and renewable energy under a federal stimulus program. Companies said they created more than 100,000 direct jobs. But a WSJ investigation found evidence of far fewer.
The U.K. economy shrank in the final quarter of 2011, official data confirmed Friday, while growth for the year as a whole was weaker than initially thought.
Dirk Bikkembergs is determined to put himself on the women's fashion map. He has an uphill road ahead of him. Ask a women's editor who he is, and you're likely to get a: "Isn't he the guy that puts athletes in underwear?" As a matter of fact, yes. But he was also a member of the Antwerp Six, reminded his newly installed creative […]