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D. E. Shaw
D. E. Shaw & Co., L.P. is a multinational investment management firm founded in 1988 by David E. Shaw and based in New York City. The company is known for developing complicated mathematical models and sophisticated computer programs to exploit anomalies in the financial market. , D. E. Shaw manages $55billion in AUM, $35billion of which are alternative investments and the remaining $20billion long-oriented investments. In 2023, ''Forbes'' reported that among hedge funds, D. E. Shaw had delivered the third-highest returns in the world since its inception. History 1988–1996: Founding and early years The company was founded by David E. Shaw, a former Columbia University faculty member with a doctoral degree from Stanford. D. E. Shaw began investing in June 1989, having secured $28 million in capital from Paloma Partners Management Co. and a couple of private investors. The company's first office was small and located above a bookstore near New York University. By 1990, the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1166 Avenue Of The Americas
1166 Avenue of the Americas (also known as the International Paper Building) is a tall office building at 1166 Sixth Avenue between 45th and 46th Street in the Midtown Manhattan neighborhood of New York City. It was completed in 1974 and has 44 floors totaling approximately 1.7 million square feet. Skidmore, Owings & Merrill designed the building. It is the headquarters of the Marsh & McLennan Companies; Penton, D. E. Shaw & Co., William Blair & Company, 5W Public Relations, FTI Consulting and Huron Consulting Group are also tenants. The building was built in partnership with the Tishman Organization (predecessor to Tishman Speyer), Stanley Stahl and Arlen Realty. See also *List of tallest buildings in New York City New York City, the most populous city in the United States, is home to over 7,000 completed high-rise buildings of at least , of which at least 95 are taller than . The tallest building in New York is One World Trade Center, which rises ... Referenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997 Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit and supervisors had to implement a new policy. Both Russia and the countries that exported to it experienced fiscal deficits. The cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Worldwide Online Olympiad Training
The Worldwide Online Olympiad Training (WOOT) program was established in 2005 by Art of Problem Solving, with sponsorship from Google and quantitative hedge fund giant D. E. Shaw & Co., in order to meet the needs of the world's top high school math students. Sponsorship allowed free enrollment for students of the Mathematical Olympiad Program (MOP). D.E. Shaw continues to sponsor enrollment of those students for the 2006-2007 year of WOOT. Program The focus on the WOOT program is taking already excellent pre-college students deeper into their studies of elementary mathematics, with a focus on proof-writing. * Numerous exams are given over the course of the program and graded by undergraduates at MIT and Harvard. Feedback on proofs is returned to students electronically within a couple weeks of exam submission. These tests are styled after the American Invitational Mathematics Examination (AIME) and the International Mathematics Olympiad (IMO) * Online classes are given throu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Regions Mathematics League
The American Regions Mathematics League (ARML), is an annual, national high school mathematics team competition held simultaneously at four locations in the United States: the University of Iowa, Penn State, UNLV, and the University of Alabama in Huntsville. Past sites have included San Jose State University, Rutgers University, Duke University, and University of Georgia. Teams consist of 15 members, which usually represent a large geographic region (such as a state) or a large population center (such as a major city). Some schools also field teams. The competition is held in June, on the first Saturday after Memorial Day. In 2022, 120 teams competed with about 1800 students. ARML problems cover a wide variety of mathematical topics including algebra, geometry, number theory, combinatorics, probability, and inequalities. Calculus is not required to successfully complete any problem, but it may facilitate solving the problem more quickly or efficiently. While part of the com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eric Schmidt
Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer known for being the CEO of Google from 2001 to 2011, executive chairman of Google from 2011 to 2015, executive chairman of Alphabet Inc. from 2015 to 2017, and Technical Advisor at Alphabet from 2017 to 2020. As an intern at Bell Labs, Schmidt in 1975 was co-author of Lex, a software program to generate lexical analysers for the Unix computer operating system. From 1997 to 2001, he was chief executive officer (CEO) of Novell. He has served on various other boards in academia and industry, including the Boards of Trustees for Carnegie Mellon University, Apple, Princeton University, and Mayo Clinic. In 2008, during his tenure as Google chairman, Schmidt campaigned for Barack Obama, and subsequently became a member of Obama's President's Council of Advisors on Science and Technology, with Eric Lander. Lander later became Joe Biden's science advisor. In the meantime, Schmidt had left ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Google
Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, artificial intelligence, and Computer hardware, consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's List of most valuable brands, most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet Inc., Alphabet is considered one of the Big Tech, Big Five American information technology companies, alongside Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were Doctor of Philosophy, PhD students at Stanford University in California. Together they own about 14% of its publicl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, equity, fixed-income and derivatives sales and trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehman's involvement in the subprime mortgage crisis and its exposure to less liquid assets. Lehman's bankruptcy filing was the largest in US his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caesars Entertainment Corporation
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands. In 2013, it was the fourth-largest gaming company in the world, with annual revenues of $8.6 billion. It was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment. At the end of its existence, Caesars was a public company, majority-owned by a group of private equity firms led by Apollo Global Management, TPG Capital, and Paulson & Co.; and Carl Icahn. Caesars's largest operating unit filed for Chapter 11 bankruptcy protection in 2015, which led to the foundation of Vici Properties as a result. History William F. Harrah era (1937–1978) The company's background can be traced to October 29, 1937, when Bill Harrah opened a small bingo parlor in Reno, Nevada ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn National Gaming
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KB Toys
K·B Toys (also known as Kay Bee Toys) was an American chain of mall-based retail toy stores. The company was founded in 1922 as Kaufman Brothers, a wholesale candy store. The company opened a wholesale toy store in 1946, and ended its candy wholesales two years later to focus entirely on the toy industry. Retail sales began in the 1970s, under the name Kay-Bee Toy & Hobby. In 1999, the company operated 1,324 stores across the United States and was the second-largest toy retailer in the U.S., but it later declared bankruptcy in both 2004 and 2008 before going out of business on February 9, 2009. The company operated 461 stores at the time of its closure. International retailer Toys "R" Us acquired the remains of K·B Toys, consisting mainly of its website, trademarks, and intellectual property rights. Strategic Marks, a company that buys and revives defunct brands, purchased the brand in 2016, and planned to open new stores under the name beginning in 2019; plans for this reviva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
