The deal that helped one of the poorest nations raise $850 million and bond investors lock in rates three times higher than U.S. Treasuries is also spurring concern some of the money isn’t going where the buyers -- and one of the underwriters -- expected.
OpenCongress brings together official, congressional data and allows anyone to track how a bill becomes a law, the voting records of elected officials and more. Major features of OpenCongress include:
The average value of a Major League Baseball team is $1 billion, more than 35 percent higher than previous estimates, according to data compiled by Bloomberg.
The New York Yankees are worth $3.3 billion, making them the sport’s most-valuable enterprise. The Los Angeles Dodgers rank second with a value of $2.1 billion.
Ron Baker: I have had the privilege of posing this question—Who’s in charge of value in your organization?—to thousands of leaders around the world. I’m usually met with a momentary staring ovation, and then someone will inevitably shout out, “Everyone!”
Guinea: It is no easy task to transform a country that is corrupt from top to bottom. During President Condé’s first months in office, he performed a kind of triage.
With the assistance of Revenue Watch—an organization, backed by Soros, that encourages transparency in extractive industries—Condé established a committee to inspect existing mining contracts and determine if any of them were problematic.
Conde Nast, the worldwide publisher of fashion, culture, food and home magazines, illegally employs interns in violation of federal and state labor laws, Outten & Golden LLP alleged today in New York federal court.
The class action complaint, filed on behalf of two former interns who worked at W Magazine and The New Yorker, accuses Advance Magazine Publishers, Inc., which does business as CondeNast Publications, of failing to pay interns proper wages for the work they perform in violation of the federal Fair Labor Standards Act (FLSA) and the New York Labor Law (NYLL).
Nicaragua's new waterway will be a higher-capacity alternative to the 99-year-old Panama Canal, which is currently being widened at the cost of $5.2bn.
Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications.
The president of the country's national assembly, Rene Nuñez, announced the $40bn (£26bn) project, which will reinforce Beijing's growing influence on global trade and weaken US dominance over the key shipping route between the Pacific and Atlantic oceans.
Since going public in 2011, the professionals’ social network has gone from a networking site to a must-have tool for recruiters. Will adding content and big data enhance its professional value?
Hari Krishnan, managing director for Asia Pacific and Japan at LinkedIn, embodies the Silicon Valley start-up spirit. Wearing jeans and a shirt, telephone headset on, he paces restlessly back and forth in his rectangular Singapore office overlooking a cluster of buildings, while taking part in a conference call.