Blackstone gets better as its business gets bigger, CEO says

Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: “Information is power.” “When you deploy too much money into one strategy, you’ll crush your performance because there aren’t enough interesting opportunities (and) you don’t have a differentiated model … That happens all the time,” Schwarzman told CNBC’s […]

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Government shutdown is not good for business

David A. Grogan | CNBC Brad Smith, President and Chief Legal Officer, Microsoft, speaks at the 2017 Cambridge Cyber Summit on October 4, 2017. The current U.S. government shutdown is not good for business, Microsoft president and chief legal officer, Brad Smith said on CNBC’s “Closing Bell” on Thursday. “It is not good for business,” […]

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Shilpa Shetty Kundra turns restaurateur and here’s what her new business is all about

‘); }); Shilpa Shetty Kundra is no stranger to the hospitality sector having been a co- owner of a popular nightspot in Mumbai until not too long ago. Now, the actor has plunged headlong into the food and beverage business. She has invested in Chronicle, the popular beach club in Goa. Keeping up with Shetty’s […]

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Fortnite Maker Epic Games Gets ‘F’ Rating From Better Business Bureau

The creator of the wildly popular video game Fortnite has been given an “F” rating from the Better Business Bureau after not addressing hundreds of complaints from concerned customers. The BBB said that over the past year, it has received more than 270 complaints about Epic Games, which has made a fortune from Fortnite and other popular […]

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