What’s News: Thousands of people are stranded in Southern California after thunderstorms cause mountain mudslides. Increased markdowns dent margins at Michael Kors. World leaders gather in Belgium to mark World War I centenary. Joanne Po reports. Photo: Loudlabs
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The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.
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The battery start-up might reach its ambitions sooner than expected.
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Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world's most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday. The Simons Foundation did not give a cause of death. Sixty years ago Simons -- who preferred to be known as Jim -- shifted course from teaching mathematics and working in U.S. intelligence to investing.