“You think money is going to fix this,” Jimmy, a streetwise young African-American from Harlem, tells Robert Miller, a Wall Street–wise financier from Park Avenue. Miller fixes him with a dismissive stare. “What else is there?” In Arbitrage, written and directed by Nicholas Jarecki, there truly is nothing else. The film, which stars a finely coiffed Richard Gere as Miller, a hotshot money manager in a fugue state, is a morality tale wrapped in a Law & Order police procedural. And it shines an unflattering spotlight on New York’s money culture, which Jarecki knows from the inside out. (He’s the son of Henry Jarecki, a legendary metals trader, and brother of Andrew Jarecki, co-founder of Moviefone and director of the documentary Capturing the Friedmans.) Jarecki nails the details: Miller’s Park Avenue apartment, which he shares with his wife Ella (played by an elegant Susan Sarandon), springs from the pages of Avenue magazine with its … [Read more...] about In ‘Arbitrage,’ Richard Gere Shows How the Price Is Right
Quick thinking drivers
(CNN)"I don't want to be a flat earther," David Weiss says, his voice weary as he reflects on his personal awakening. "Would you wake up in the morning and want everyone to think you're an idiot?" But Weiss is a flat earther. Ever since he tried and failed to find proof of the earth's curve four years ago, he's believed with an evident passion that our planet is both flat and stationary -- and it's turned his world upside down. "I absolutely freaked out," Weiss tells CNN in a phone interview. "It literally whips the rug out from underneath you." Now, Weiss finds it tedious to associate with the majority of people -- though he "unfortunately" still has some friends who believe in a round earth. "I have no problem with anybody that wants to believe we live on a ball. That's their choice," he says. "It's just not something I resonate with." Weiss' preferred community is those who share his life-altering belief. Read More And that community is vast. This week, the businessman … [Read more...] about The flat earth conspiracy is spreading around the globe. Does it hide a darker core?
Bring up the topic of international trade and the conversation invariably turns to tariffs, subsidies, trade wars (particularly with China), counterfeit goods and intellectual property violations. Descending from the policy plane to the operational level, one finds not just challenges but limitless possibilities in international business resulting from the digitalization of global commerce.At last month’s Council of the Americas Symposium and BRAVO Business Awards, a high-level panel of experts from FedEx, IBM, FEMSA and the government of Singapore addressed the myriad of ways that digital technology has been impacting and reshaping global commerce.“Digital trade” entails digitally enabled transactions involving goods and services, which can be digitally or physically delivered including software, eBooks, data and database services. It is heavily dependent on moving, storing and using data. For global traders, digital trade enables the coordination of international … [Read more...] about How digitalization is remaking global commerce