Category Archives: News

American billionaire Steve Cohen ‘furious’ over $100m penthouse ‘no one wants’

The hedge fund titan is struggling to find a buyer for his Manhattan duplex.

American billionaire Steve Cohen 'furious' over $100m penthouse 'no one wants' - Executive Salad
American billionaire Steve Cohen ‘furious’ over $100m penthouse ‘no one wants’ – Executive Salad

Sometimes, a hedge fund billionaire just can’t catch a break. Just ask Steve Cohen. Continue reading American billionaire Steve Cohen ‘furious’ over $100m penthouse ‘no one wants’

Inmarsat offers free airline tracking

UK satellite operator Inmarsat is to offer a free, basic tracking service to all the world’s passenger airliners.

The offer follows the case of Malaysia Airlines flight MH370, which disappeared without trace on 8 March.

Inmarsat offers free airline tracking - Executive Salad
Inmarsat offers free airline tracking – Executive Salad

It was very brief electronic “pings” from Inmarsat equipment on the lost plane that prompted investigators to look for wreckage in the Indian Ocean. Continue reading Inmarsat offers free airline tracking

Mend the gap: What one thing would you do to close the skills gap by 2025?

In 2013, just under 150,000 vacancies – equivalent to one in five of the job openings that year – went unfilled. Why? Because employers could not find candidates with the right knowledge and abilities. The figure, drawn from the UK Commission for Employment and Skills, encapsulates the challenge facing government, education and industry, and to underscore the point, almost a million young people are out of work in Britain. At the same time, 27 per cent of European employers report leaving an entry-level position open due to a lack of skilled applicants. Continue reading Mend the gap: What one thing would you do to close the skills gap by 2025?