Investing and Global Finance News

Author Archives: Tom Sanderson

Steven Klinsky: CEO and Founder of New Mountain Capital

Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading

On Mario Draghi, Leader of the Central Bank of Europe

Mario Draghi is the head of the European Central Bank. With the debt and economic crisis looming dangerously over several crucial European nations, the power Draghi wields is formidable. One observer, Franklin Allen, professor of finance at the University of Pennsylvania’s Wharton School of Business had this to say about Mario Draghi: “In terms of… Continue Reading

Google Releases Nexus 7

The tablet marketplace just got a little more crowded as Google releases its own, modestly priced, eReader-type product called the Nexus 7. Unveiled at Google’s I/O developers’ conference in San Francisco on Wednesday, the seven-inch tablet was designed by Google engineers but is actually manufactured by Asus in Taiwan. The new product will be priced… Continue Reading

Five In-Demand Industries to Consider as New Businesses in the Coming Months

A slow economy does not mean there are not lots of opportunities for entrepreneurs willing to do a little research into what industries are showing strong growth potential for the year approaching. Some businesses may be franchises, and others might be solely your own, but either way there is money to be made and success… Continue Reading

Top Ten Business Trends

The economy is endlessly shifting and stability is a seemingly lost cause in the business world. Still, certain business trends stand out in today’s industries. Here is a list of the top ten business trends according to Frannet.com: Generation Y: Today’s youth have more purchasing power than any youngsters before them. Whether it’s their own… Continue Reading