Monday, 22 September 2014
Last updated 18 min ago
Jan 15 2009 | 2:54am ET
The clean technology industry offered a bright spot in an otherwise dreary economic picture for the city of San Jose, Calif.
Mayor Chuck Reed vowed to push ahead with San Jose’s program to generate 25,000 green jobs in the Bay Area’s largest city, noting that 1,500 clean-tech jobs were created last year.
“San Jose and Silicon Valley have survived many economic downturns,” Reed said. “Our ability to innovate has pulled us out of economic slumps and made us stronger.”
The rest of the mayor’s annual state of the city speech focused on the city’s somewhat dire economic situation. San Jose may be forced to lay off as many as 20 city employees this monthm with hundreds of additional cuts possible. The city is facing a $60 million budget deficit.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.