It would be hard to find someone who lost as much money as quickly as Bill Hwang did in March 2021. The previously unknown Wall Street whale and his family firm, Archegos Capital, triggered losses of more than $20 billion in just two days. The result was one of the most spectacular implosions in modern
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Hasselblad cameras have taken some of the most iconic photos of the 20th century. From the first moon landing, to The Beatless crossing Abbey Road, and portraits of Marilyn Monroe. But the company has gained a reputation for having extremely expensive cameras. Hasselblad’s H6D-100c camera costs over $30,000. But its cameras weren’t always this expensive.
Apple’s chief design officer, Jony Ive, is leaving the company after nearly 30 years.. Ive will start his own design company, and Apple will be one of its primary clients. He’ll continue to work closely on projects for Apple (AAPL). Ive was instrumental in establishing Apple’s sleek design aesthetic. He and Steve Jobs partnered on
Brexit has eroded the City’s position as Europe’s financial hub. From Singapore-on-Thames to a lawless Dodge City, the FT’s Lex looks at how the City will reinvent itself. Read more at: https://on.ft.com/3qhFHQu See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community
Heat waves kill more people than any other extreme weather event: more than tornados, hurricanes, and even floods. That’s why scientists are coming up with novel, new designs to help keep temperatures down in Singapore. #BloombergCityLab #Singapore #Green ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is
Recreational marijuana is legal in 4 states, but banks are still hesitant to work with the industry since pot remains illegal at the federal level.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs “Financial Times Video brings business to life. Watch our highlights video showcasing the best in September 2013. For more video content from the FT, visit http://www.FT.com/video Watch more of the featured videos here; China’s urbanisation – http://goo.gl/MWmW1I Lehman’s legacy; from recession to recovery – http://goo.gl/7KZSJZ Simon
The 75-year-old company is pulling back from department stores and discounts to reinvent itself as a luxury brand. CEO Victor Luis tells Cristina Alesci why Coach needs to boost its ‘fashion credibility.’
In the Irish borderlands, Sean Quinn was always known as a tough businessman. Hugely successful and having created thousands of jobs, he was seen by many as a local hero. Then it all went wrong. Video by Carla Howe and Angus Bennett #Storylines #BloombergBusinessweek #TrueCrime ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member
Private tutoring can expose you to a very privileged life, but, as Emma Jacobs reports, the role of the tutor remains fraught with ambiguity. ► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
When the city of Bridgeport, CT started offering breakfast in the classroom, participation more than doubled. Here’s why that’s important for low-income children’s development.
We go inside the most exclusive school for nannies in the world. They are not just trained to cook and sew, they also learn self-defense techniques and driving in dangerous conditions. It’s Mary Poppins, with a little James Bond thrown in for good measure. MORE SO EXPENSIVE VIDEOS: Why Survival Bunkers Are So Expensive |
Lock & Co. Hatters in London has been designing and selling high quality hats since 1676. It has served celebrities and royalty throughout history, withstood a bombing in WWII, and now survived the Covid-19 pandemic which was the first time in history it had to close its doors. MORE STILL STANDING VIDEOS: How One Man
Laurie Segall talks tech investment with Ashton Kutcher on the set of his new Netflix series.
Saied Hussain has been hand making tiles out of cement for over 50 years. He says he’s one of the last still doing this work in Egypt — most other workshops couldn’t withstand competition from marble and ceramic tiles. We went to Cairo to see how his business is still standing. Saied does not have
An inexpensive chess set can sell for $20, but a handcrafted wooden set certified for the World Chess Championship costs $500. Much of the set’s value lies in just one piece: the knight. Each knight must be carved by hand to look exactly the same. Making this one piece takes two hours, and there are
► Read more at https://on.ft.com/2wpkxop FT political editor George Parker says the European elections have exposed how both Britain’s ruling Conservative and opposition Labour parties are ‘cracking up’ under the pressure of Brexit ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial
Stooges guitarist James Williamson talks about his journey from punk rock pioneer to Silicon Valley executive and back.
Facebook CEO, in his keynote at Mobile World Congress, says WhatsApp was a “great fit” for the social network.
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Watch ‘How France elects its president and the National Assembly’ and more on FT.com: http://on.ft.com/2n15jj2 The first vote in France’s two-round presidential election will take place on April 23. FT Paris bureau chief Anne-Sylvaine Chassany explains how the country will choose its president and, shortly after, its lower
In a graphical explainer, Alphaville’s Thomas Hale examines how fake reviews have become a problem for the Amazon platform and looks at their impact on online consumers and sellers ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter
People in Japan have eaten eel for thousands of years. Unagi, or freshwater Japanese eel, can cost more than bluefin tuna. But it isn’t caught as adults. Instead, young eels are raised on farms. It can take 6 to 12 months of work before eels are big enough to be sold. And cooking it is
If you’re running a small business in America and you need to borrow money, you may be forced to sign a “confession of judgment” – an obscure legal document that gives your lender the right to seize your assets with no trial or advance warning. Bloomberg investigative reporters Zeke Faux and Zachary Mider discovered that
Primary school completion rates hit nearly 100% in Sudan and Tanzania with the installation of solar panels. This is how greener infrastructure can create fairer societies and boost economic growth. $7 trillion is needed a year to meet our vision of a sustainable planet. Watch to see how institutional investors could be convinced to put
Can whales help cool the temperature of our planet? A whale’s body can store up to 33 tonnes of harmful carbon dioxide. When they die and sink to the ocean floor, all that carbon is stored there for centuries. The International Monetary Fund has calculated that each whale is worth more than two million dollars
Over the span of a few hours one day in April 2020, a guy called Cuddles and eight of his pals from the freewheeling world of London’s commodities markets rode oil’s crash to a $660 million profit. Now regulators are scrutinizing their once-in-a-lifetime trade. Read more about the story in Bloomberg Businessweek: https://www.bloomberg.com/news/features/2020-12-10/stock-market-when-oil-when-negative-these-essex-traders-pounced #Oil #Storylines
Arion Press is the last printing press in the US where books are handmade from start to finish. Using machines and techniques that date back to the 1800s, these books can take years to make and cost up to $10,000 to buy. Set against the tech hub backdrop of San Francisco, this institution helps keep
The story of Greensill Capital’s rise and fall has everything: investment banks, opaque finance, private jets, trophy mansions and the biggest British lobbying scandal in a generation, involving former prime minister David Cameron. The Financial Times charts the rise of Lex Greensill and Sanjeev Gupta and examines where it all went wrong. Read more at
Last year, Americans consumed over 6 billion avocados – leaving behind mounds of inedible pits. Now a company in Mexico created a method to transform avocado waste into “bioplastic” – which breaks down fast and requires less fossil fuels to produce. MORE WORLD WIDE WASTE VIDEOS: This $500 Designer Handbag Is Made From Aluminum Cans
Mark Bustos works full-time at a boutique salon, where prices start at $150. On Sunday, his only day off, Mark goes out onto the streets of New York City and gives free haircuts to the homeless. Read more: Stylist gives free haircuts to the homeless http://money.cnn.com/2014/08/19/pf/haircuts-homeless/index.html In Photos: Transformations on the street On his days
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