Business

Why Are Mutual Fund Fees So High? This Billionaire Knows

The Baron Funds group manages $26.4 billion in assets on behalf of hundreds of thousands of small and large investors. An old-fashioned stock picker, Mr. Baron achieved renown in the 1990s and the 2000s for successfully betting on small companies. But his performance has suffered in recent years. In 2014, 2015 and 2016, his flagship fund, Baron Growth, trailed the ...

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List of Safety Picks Dings Some Cars for a Failure to Illuminate

“One thing I want to be sure that people are really clear on,” he said. “This doesn’t mean that vehicles are less safe than they were last year. Rather, we’ve raised the bar and we still have this many vehicles that meet the new criteria and are providing state-of-the-art protection.” The added crash test — a passenger-side front small overlap ...

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Five Technologies That Will Rock Your World

Such technology will improve health care in places where doctors are scarce. But eventually, it will streamline care in the developed world as well. Google is already running tests inside two hospitals in India, and the start-up Infervision has deployed similar technology in hospitals across China. In the longer term, similar methods promise to rapidly accelerate drug discovery and so ...

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Japan’s Young Workers Get a Lift, and Its Leaders Profit

“All the parties are promising things like getting rid of school fees,” said Ami Miyamoto, 25, an undecided voter who works for a recruiting firm in Tokyo. “I worry that’s just piling up bills for the future.” Continue reading the main story Ms. Miyamoto said business at her firm was booming, as a shrinking work force means that companies are ...

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Reinventing Givenchy – The New York Times

It’s a word that has been attached to Ms. Waight Keller, 47, through most of her career, as the Birmingham, England-born designer has methodically climbed the fashion hierarchy: from design director of men’s wear at Ralph Lauren to senior designer at Gucci to creative director of Pringle of Scotland to creative director of Chloé to, finally, Givenchy, a brand steeped ...

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Serena Williams Gives Birth to a Baby Girl

Photo Serena Williams and Alexis Ohanian at the Met Gala in May. Credit Evan Agostini/Invision, via Associated Press Serena Williams has given birth to a girl, according to the United States Open’s official Twitter account and her coach. The highly anticipated announcement came late Friday afternoon as Serena’s sister Venus Williams romped over another opponent and into the fourth round ...

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Stocks in Europe and Asia Slip as North Korea Tensions Rise

LONDON — Saber rattling between the United States and North Korea sent financial markets in Europe and Asia lower on Wednesday as investors shifted their money into assets considered to be havens in times of trouble. Stocks in France and Germany were down more than 1 percent in early trading, while the FTSE 100 share index in London fell 0.8 ...

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The Lawyer, the Addict – The New York Times

In addition, he said, law students generally start school with their sense of self and their values intact. But, in his research, he said, he has found that the formal structure of law school starts to change that. Rather than hew to their internal self, students begin to focus on external values, he said, like status, comparative worth and competition. ...

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Tough Task for Next Uber Leader: Mending Fences With Drivers

“There are a lot of things about Uber that tip the balance to the passenger side,” said Harry Campbell, a Los Angeles-based Uber driver and founder of TheRideshareGuy, a resource site for drivers. “A lot of that seemed, rightly or wrongly, to stem from Travis, and a lot of drivers blamed him for that.” Photo A Lyft vehicle in the ...

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In China, Umbrellas and Basketballs Join the Sharing Economy

“But there’s no question that it’s a bubble,” he added. “It may have roots in something valuable, but can you really share everything?” Continue reading the main story Chinese entrepreneurs like Xu Min think that, quite possibly, you can. In March, the 30-year-old serial entrepreneur from Jiaxing, a town in the eastern Chinese province of Zhejiang, came up with the ...

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