Western Digital offers to exit Toshiba chip bid for better joint-venture terms: Sources

Western Digital has offered to drop out of a bid for Toshiba’s lucrative semiconductor business in return for a stronger position in the two companies’ chip joint venture, two sources said on Tuesday. Toshiba needs to sell the chip unit to plug a giant...

In his deeply personal new book, Bridgewater’s Ray Dalio dives deep into the ‘Principles’ of tough love

In 1993, Ray Dalio, the chairman of what is today the largest hedge fund in the world, Bridgewater Associates, received a memo signed by his top three lieutenants that was startlingly honest in its assessment of him. It was a performance review of sorts, and not in a...