You Can’t Get an Apartment Because Rich People Need Them All 

In many cities around the world—New York, San Francisco, London—most people find the rent to be unaffordable. Buying is out of the question. Perhaps that is because your city’s housing stock is now just another fungible financial instrument, like pork bellies. You, the middle class resident of a major urban area, may have complained at…

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Former American Apparel CFO Accused Of Conspiring Against Founder – BuzzFeed News

American Apparel’s former chief financial officer allegedly schemed to oust founder Dov Charney last year as part of a plan to sell the company, a former senior manager claimed in a new lawsuit against the company this week. The complaint, filed in Los Angeles on Monday, accuses former chief financial officer John Luttrell of mismanaging…

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New York Apartments, Art Top Gold as Stores of Wealth, Says Fink – Bloomberg Business

Gold’s traditional role as a store of wealth has been usurped by contemporary art and apartments in cities such as New York and London, according to Laurence D. Fink, head of the world’s biggest asset manager. “Historically gold was a great instrument for storing of wealth,” the chairman of BlackRock Inc. said at a conference…

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At long last, a relaunch for WSJ.com—and an Apple Watch app | Capital New York

paging_filterThe Wall Street Journal will roll out its new website on April 21, marking the paper’s first online redesign in seven years, and it will launch a news application for the Apple Watch when the device becomes available on April 24. The long-awaited overhaul will refurbish wsj.com’s outdated, text-heavy look with cleaner navigation, sharper graphics…

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Websites Prep for Google’s ‘Mobilegeddon’ – Digits – WSJ

article start Google is changing its search algorithm Tuesday to favor sites that look good on smartphones, a move some are calling “mobilegeddon” because of its impact on website operators. The new formula will give a boost in Google’s “organic” search results to sites that are designed to look good on smartphones, while penalizing those…

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BuzzFeed Says Posts Were Deleted Because of Advertising Pressure – NYTimes.com

An internal review by BuzzFeed last week found three instances when editors deleted posts after an advertiser or employees from the company’s business side complained about their content, according to a memo sent to staff members on Saturday by the news and entertainment website’s editor in chief. The three deleted posts — out of more…

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