The black swan theory is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The theory was developed by Nassim Nicholas Taleb.
Sweden will send out instructions to its 4.8 Million citizens next week on how to cope with an outbreak of war. The 20-page brochure titled […]
Sturm Ruger shareholders approved a proposal from a coalition of religious women and health care networks that Ruger had for weeks urged investors to reject. […]
Deutsche Bank accidentally sent $35 Billion to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. […]
In 2015 Forbes named Elizabeth Holmes (32), the founder of blood testing company Theranos, as the world’s youngest self-made female billionaire. But now her wealth […]
It has become a favorite pastime among investors and company executives to speculate: who will be the first trillion-dollar company? During the dot-com-crazed 1990s, Cisco […]
A unicorn is a private startup technology firm valued at $1 billion or more. Once rare, such companies have proliferated in the last few years. […]
„There’s likely to be another Dark Ages,” Elon Musk (SpaceX) said in an interview at South by Southwest in Austin. The three most important global […]
Nearly seven years after a powerful tsunami caused catastrophic damage to Japan’s Fukushima Daiichi nuclear-power plant (TEPCO), the clean-up and recovery is still ongoing… Waves […]
Chinesische Beteiligungsgesellschaften wie die HNA Group haben in ihrem Expansionsdrang gewaltige Schuldenblasen aufgepumpt. Ohne Minderheitsanteile macht das Eigenkapital des 400-Milliarden-Dollar Unternehmens nur ein Fünftel der […]
A century after the „Spanish flu“ pandemic of 1918 left millions dead, this season has been the worst in a decade. Public Health England announced […]
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