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Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.
It was a long shot, but there were a few people on both sides of the political aisle that held out hope that the U.S. Tweeter-in-Chief would listen to dozens of Fortune 500 CEOs and many of his closest advisors, including Secretary of State Rex Tillerson and daughter Ivanka, and stay in, rather than pull out of, the Paris Agreement on climate change. But alas, making good on one of his campaign promises, President Trump announced that the U.S. would be exiting the historic ag Read More >
Although many people, including certain twitterers that indecipherably tweet late at night, like to lie about numbers, numbers themselves don't lie. And when it comes to creating returns for shareholders, numbers say that female CEOs Read More >
Since sitting is the new smoking and walking is the new running, scores of people are trying to figure out how to sit less and walk more. In fact, many are aiming for 10,000 steps (about five miles) a day Read More >
There have been many memorable moments during the 2017 commencement speech season. There was the moment that Donald Trump, while addressing the graduates of Liberty University, displayed his ignorance of the voting age of citizens of the United States (the country of which, the last I checked, he is still President). There was the moment that 100 or so graduating students staged a Read More >
If you’re not Slacking, you’re slacking. Which is to say if you’re not using the instant messenger service Slack, then you’re behind the times. Or so millions of Slack users and the 400 employees at Vancouver-based Slack Technologies want you to believe. The truth is Slack isn’t all that novel. And perhaps the sole genius of Slack is that it’s called Slack. The following comes from a thorough Read More >
It's been almost 120 days since Donald Trump took office and nearly as long since Trump's first of two (failed) executive orders on immigration. Since then, international students have been understandably anxious about where they stand under an "America First" Trump administration. And so, to find out what's going on with the H1-B visa program, what international students have to fear or cheer under Trump, and what, if anything, these students should be doing differently if they want to... Read More >
Although President Trump might be a man with a mission, it’s becoming increasingly clear to people on all points of the political spectrum that he’s a man with very little management prowess. In fact, if you were to write a book about what makes a great manager, or even a passable manager, you’d be hard pressed to find a better example than Trump of what NOT to do in the C-suite. From his loose grasp of the Read More >
In my next life I hope to come back as an obituary writer. That's no joke; I'm dead serious. After listening to this fascinating and not the least bit morbid podcast in which two experienced New York Times obit writers-Margalit Fox and Bruce Weber, both of whom also appear in the new documentary Read More >
If you live in New York, Los Angeles, San Francisco, Oakland, Chicago, Boston, Portland, Seattle, or a handful of other major cities across the country, you probably know someone making a handsome living by collecting passive income thanks to sharing economy superstar Airbnb. You probably also know someone who works for one of the major companies involved in the so-called gig economy: Read More >
Ivanka Trump, President Trump’s 35-year-old daughter, has written a book. It is about work, and it is geared toward women. It is called Women Who Work: Rewriting the Rules for Success. It was mostly written before her father won the 2016 presidential election. It was published yesterday. It is 256 pages long. Those are the facts. Here are the opinions (about the book). The Read More >
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