Wealth

In 1985, Ivan Boesky reportedly told the graduates of the Haas School of Business at the University of California, Berkeley that greed was “healthy.” Legend has it the sentiment and Boesky himself inspired the iconic character Gordon Gekko in the 1987 movie “Wall Street.” Today, Boesky‘s name may no longer be synonymous with Wall Street
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Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the new initiatives that the luxury department
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For Rep. Alexandria Ocasio-Cortez, being a member of Congress requires being “on-call 24/7,” she recently told Vanity Fair. But despite the demands, AOC has trick to staying both productive and upbeat. “I try to focus less on ‘productivity’ and focus more on impact,” Ocasio-Cortez, 31, wrote in an Instagram story Saturday night. Ocasio-Cortez, who sits on the
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“The difference between people who achieve their dreams and those who don’t is simple,” according to Spanx founder and CEO Sara Blakely. “It’s about action,” she said in an Instagram post on Monday. “It’s not about having a ton of brains or ton of money or a ton of experience,” according to Blakely. “Two decades
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1. Never stop raising expectations. To achieve greatness, you must constantly be evolving and innovating. Let’s say you’ve reached all your goals this year. Are you going to keep those goals the same for next year? No. That’s Bezos‘ mind works. He’s always thinking about the next big thing. For example, how can a successful
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CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Colette Ngo is a senior at Chapman University double majoring in broadcast journalism and business administration. The series is edited by Cindy
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Getty Images Bank of America predicts that Generation Z (Gen Z) will be the “most disruptive generation ever” and will see their income surpass that of millennials by 2031.  “The Gen Z revolution is starting, as the first generation born into an online world is now entering the workforce and compelling other generations to adapt to them, not vice versa,”
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Many hotels named among the “best new hotels of 2020” this year have yet to welcome a single guest. The global pandemic pushed plans to open highly anticipated new hotels near the wineries of California’s Napa Valley to the banks of Paris’s River Seine, with many rescheduling openings well into 2021. Except, that is, in
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In 2009, Airbnb was clawing towards “ramen profitability,” or just enough profit to pay for basic expenses — with the expression playing off the ultracheap instant Japanese noodles people famously eat when they are saving money, which today cost as little $4.80 for a 24 pack. That January, Airbnb’s co-founder and CEO, Brian Chesky, emailed
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According to Jamie Dimon, chairman and CEO of JPMorgan Chase, the most successful leaders have certain key traits. “[H]umility, openness, fairness [and] being authentic” are most important – “not [being] the smartest person in the room or the hardest working person in the room,” Dimon, who runs the nation’s largest bank and oversees more than
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Post-election, many conservatives, and some extremists, have been heading to Parler, a conservative social media app funded by Republican megadonor Rebekah Mercer, which bills itself as a free speech Twitter-spin off. But billionaire Bill Gates isn’t a fan of the platform, calling some of its content “crazy stuff.” If somebody goes to Parler, they are
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