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Commentary: 2014

WASHINGTON, Jan. 2 (UPI) -- New Year projections for 2014 convey, for the most part, pessimism. They seem like a rerun of 2009’s Annus horribilis.
ARNAUD DE BORCHGRAVE, UPI Editor at Large

Bond market shifting: Is this good or bad?

NEW YORK, May 31 (UPI) -- Rising interest rates on home loans could be a sign of a U.S. bond market bubble bursting, some analysts on Wall Street are saying.

U.S. bank takeovers boost global markets

WASHINGTON, Sept. 8 (UPI) -- The announced U.S. takeover of two mortgage giants sent stock indexes in Asia and Europe higher Monday.

Economists' lump of coal: recession

WASHINGTON, Dec. 25 (UPI) -- Economists predict a U.S. economic recession next year, despite decent consumer spending in the face of credit and housing woes, and high energy prices.

U.S. stem-cell center gets $10M gift

IRVINE, Calif., July 5 (UPI) -- A wealthy California bond trader and his wife reportedly are donating $10 million to the University of California-Irvine's Stem Cell Research Center.

Floridians fight over legalized dueling

TALLAHASSEE, Fla., April 6 (UPI) -- Florida Gov. Jeb Bush is set to sign into law a measure that permits residents to "meet force with force" when under attack.

Google invades Amazon turf

SAN FRANCISCO, Oct. 7 (UPI) -- Google is invading Amazon.com turf with its latest Internet service, it was reported Thursday.

Bond chief says global outlook shaky

NEW YORK, June 17 (UPI) -- The global economy is volatile and unstable because of debt, the chief investment officer at bond-trading giant Pimco told the Financial Times Thursday.

Dow stalls, Nasdaq rallies

NEW YORK, March 21 (UPI) -- The Dow stalled for the day, ending down Thursday, while techs rallied on the Nasdaq, closing nearly 2 percent up.

Blue chips fall in moderate trading

NEW YORK, March 21 (UPI) -- Stock prices on the New York Stock Exchange were lower in moderate trading at midday Thursday, pressured by weakness in General Electric. Prices on the Nasdaq S
Wiki

Bill Gross (William T. Gross, fl. 2000s) is an American businessman. Born in 1958, he grew up in Encino, California. He founded GNP Loudspeakers (now GNP Audio Video), an audio equipment manufacturer; GNP Development Inc., acquired by Lotus Software; and Knowledge Adventure, an educational software company, later acquired by Cendant. Gross graduated with a Bachelor of Science in Mechanical Engineering (1981) from the California Institute of Technology.

He founded the business incubator Idealab in March, 1996, and serves as the company's Chairman of the Board and Chief Executive Officer. He is also credited as the creator of the Sponsored Search model of search advertising where advertisers pay when their ad is clicked.

Gross serves on the boards of numerous companies. He is also a member of the Board of Trustees of the California Institute of Technology and of the Art Center College of Design.

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