Last year, failing to own Apple was the most painful mistake a U.S. equity fund manager could have made. This year, that distinction goes to Amazon.com.
The U.S. health-insurance market is already so highly concentrated that pending tie-ups among four of the country’s largest insurers risk hurting both consumers and doctors, the AMA said.
Rolls-Royce’s new Dawn convertible is a sign that there’s still a market for top-down driving among people with 300,000 euros ($335,000) to spend on a car.
Harvard University’s endowment had the worst performance of any of the eight Ivy League schools in 2013. Yet its CEO at the time got the biggest raise.
