Elliott invests multibillion-dollars in Salesforce

Elliott Investment Management has made a multibillion-dollar investment in Salesforce. Salesforce tripled its workforce over the past four years and purchased Slack in 2021 for $27.7 billion; the company also hired during the Covid pandemic. However, now Salesforce’s sales have slowed, leading to a period of layoffs and a deep stock market drop. Many of …

Woman Hedge Fund Manager-Mom Tells How to Have it All

New York-based hedge fund manager Karen Finerman and mother of two sets of twins tells how to succeed at business and life in a new, just-released book entitled: Finerman’s Rules: Secrets I’d Only Tell My Daughters About Business and Life. Finerman has what to say about everything from merger arbitrage to clothes-buying advice, always emphasizing …

Quote of the Day: What Business Can Learn from Science

Understanding the intricate world of business is not really that different than understanding the natural world. That is why many of the more brilliant remarks made by some of the world’s greatest scientists not only apply to the natural world, but to the world of business as well. 1.    “Imagination is more important than knowledge.” …

Top Ten Franchises for 2012

Entrepreneur 2012 Franchise 500 has released its annual list of top ten franchises for the upcoming year: Hampton Hotels Subway 7-Eleven, Servpro Days Inn McDonalds Denny’s inc. H&R Block Pizza Hut Dunkin’ Donuts Hampton Hotels ranked #1 last year as well, while Subway climbed from its #9 ranking in 2011. McDonald’s was the only franchise …

Marital Bliss? Don’t Fight Like Raj Rajaratnam; Think Like Adam Smith

The best advice for a good marriage is to think, act and fight like an economist.  “Spousonomics,” co-authored by Jenny Anderson and Paula Szuchman (recently published by Random House) developed a theory on how marital bliss can be gained by behaving like an economist, “apply the rational laws of Adam Smith, as well as recent …