Investing and Global Finance News

HP Releases New Wave of All-In-One PCs

As a follow-up of April’s Ivy Bridge desktops, HP has released another wave of all-in-ones to cater to both businesses and consumers: the Compaq Elite 8300, the Compaq Pro 6300, the HP Envy 23, and the HP Pavilion 23. This is not the first time that HP has managed to create machines that target several… Continue Reading

Steven Klinsky: CEO and Founder of New Mountain Capital

Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading

On Mario Draghi, Leader of the Central Bank of Europe

Mario Draghi is the head of the European Central Bank. With the debt and economic crisis looming dangerously over several crucial European nations, the power Draghi wields is formidable. One observer, Franklin Allen, professor of finance at the University of Pennsylvania’s Wharton School of Business had this to say about Mario Draghi: “In terms of… Continue Reading

Google Releases Nexus 7

The tablet marketplace just got a little more crowded as Google releases its own, modestly priced, eReader-type product called the Nexus 7. Unveiled at Google’s I/O developers’ conference in San Francisco on Wednesday, the seven-inch tablet was designed by Google engineers but is actually manufactured by Asus in Taiwan. The new product will be priced… Continue Reading

The Fed and Economic Recovery

The Federal Reserve’s dejected outlook for additional economic recovery in the U.S. this year is reason for concern, but officials are nonetheless pooling their efforts in hopes of boosting job growth. Still, many believe the central bank has already exhausted its chances of stimulating the economy any further this year. On Wednesday, the Fed stated… Continue Reading

Five In-Demand Industries to Consider as New Businesses in the Coming Months

A slow economy does not mean there are not lots of opportunities for entrepreneurs willing to do a little research into what industries are showing strong growth potential for the year approaching. Some businesses may be franchises, and others might be solely your own, but either way there is money to be made and success… Continue Reading