A Manhattan Medici at Home


Money | Business & Investing

What I Love For Andrew Solomon, whose book “Far From the Tree” inspired a new documentary, a Greenwich Village brownstone untouched by time proved too much to resist. Sixteen years ago, Andrew Solomon went to Afghanistan on assignment for The New York Times. A sedulous reporter — Mr. Solomon’s acclaimed books include “The Noonday Demon: […]

July 10, 2018

Suitor presses case to buy Perry Ellis


Money | Business & Investing

The Perry Ellis board needs to work on its math. The New York company trying to take the apparel company private said its $28-a-share offer is clearly “superior” to a rival bid from the firm’s founder — but was nonetheless deemed “insufficient.” “We are confident that your shareholders will conclude that $28.00 per share is […]

July 9, 2018

Samsung earnings growth slows on smartphone slump


Money | Business & Investing

South Korean tech giant Samsung Electronics estimated on Friday that earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record-high chip earnings. Samsung shares fell 2 percent as the guidance gave investors insight into how badly the decline in smartphone profitability […]

July 6, 2018

Four Tips on How to Rescue a Bankrupt Business


Money | Business & Investing

With distressed assets, one investor’s loss can be another’s gain. Robert Lomison has worked in the funeral business for nearly four decades, building his wealth buying mismanaged cemeteries and funeral homes. One of his standout acquisitions was a collection of struggling funeral homes and cemeteries in central Texas. Bruce Deifik saw a different opportunity to […]

July 6, 2018
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