How Abercrombie & Fitch and CEO Michael Jeffries Lost U.S. Teens - Businessweek

How Abercrombie & Fitch and CEO Michael Jeffries Lost U.S. Teens – Businessweek

On Sunday morning, Dec. 7, Michael Jeffries called some of the senior executives at Abercrombie & Fitch to discuss the holiday season. That was typical Jeffries. He was the creator and chief executive officer of the modern-day Abercrombie and had controlled virtually every aspect of the company for the past 22 years. He approved every piece of…

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Bill and Melinda Gates want to fix another messy global problem: banking – Quartz

Bill and Melinda Gates have taken on some of the world’s messiest problems, funding projects to improve the design of toilets and condoms and even create urine-powered fuel cells. Now, in their annual letter published today, they’re outlining ambitions to tackle another messy sector: banking. The central thesis of the letter, which lays out goals for the 15-year-old Gates Foundation’s next 15 years,…

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