Business News
Ari Emanuel's Hollywood talent agency WME to cut 300 jobs
New York Post - 8 May 2020 20:22
The bad news keeps on coming at WME, Ari Emanuel’s glitzy Hollywood talent agency. Formerly known as William Morris Endeavor, the agency that represents stars like Dwayne "The Rock" Johnson, Rihanna, Matt Damon and Chr...
Self-Driving Unicorn Zoox Shops For A Buyer
Forbes - 8 May 2020 21:44Cash Dividend On The Way From Exxon Mobil
Forbes - 8 May 2020 16:20UFC 249 Preview, Pick And Prediction: Henry Cejudo Vs Dominick Cruz
Forbes - 8 May 2020 21:00Trump's Removal Of Troops From Saudi Arabia Is Also About Oil
Forbes - 8 May 2020 02:13A Bleak Landscape for Lowest Paid Workers
Wall Street Journal - 8 May 2020 17:39Wunderman Thompson ECD Takes on Global Creative Leadership Role at Uber
AdWeek - 8 May 2020 17:24
Uber's latest campaign is precisely the opposite of what one may surmise the company is all about. The ride-hailing behemoth, in a counterintuitive message, is asking people to stay home. Of course, these are not normal ...
J.C. Penney could close almost 200 stores. Here’s what to know about the rumored bankruptcy
Fast Company - 8 May 2020 16:28
The rumor mill has been churning on J. C. Penney’s impending demise for weeks now. J.C. Penney is running low on pennies. The storied, 118-year-old department store is preparing to file for bankruptcy as early as next ...
The Terrible Jobs Report Gets Worse The More You Read It
FiveThirtyEight - 8 May 2020 16:18
Remember last month, when the jobs report was bad but not apocalyptic? Those were the days. The most recent jobs report is a stunning picture of how the pandemic has reshaped the country’s labor market. Overall, 20.5 m...
U.S. and China Negotiators Pledge to Implement Phase One Trade Deal
Wall Street Journal - 8 May 2020 05:28Baeksang Arts Awards Announces Nominees And Plans To Proceed Without An Audience
Forbes - 8 May 2020 04:55News Corp Posts Lower Revenue Amid Declines in U.K., Australia
Wall Street Journal - 8 May 2020 03:35What Aspiring Entrepreneurs Can Learn From 'Seinfeld'
Wall Street Journal - 8 May 2020 16:02Shares rise as U.S., China trade negotiators talk, but bleak job data awaited
Reuters - 8 May 2020 09:02
Asian shares rose on Friday as a phone call between U.S. and Chinese officials raised hopes that trade tensions were easing,
As Bitcoin Tests $10K, Experts Answer: 'Where to From Here?'
Coin Telegraph - 8 May 2020 05:40
With Bitcoin rallying to test $10,000, Cointelegraph reached out to several top crypto analysts to get their take on what the halving means for Bitcoin's price.
Bitcoin Price Touches $10K Amid 2020's Macroeconomic Storm and Covid-19 Fears
Bitcoin.com - 8 May 2020 02:41
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocu...
37 of the best graduation gifts you can give to upcoming high school or college grads
Business Insider - 8 May 2020 23:00
Graduation season gives friends and family the opportunity to make a big life change — like graduating from school and entering a career — easier and better. Whether they're leaving high school, college, or a master'...
'Concierge doctors' who charge the ultrawealthy $10,000 a month for house calls and easy access to coronavirus tests have been cast as the villains of the pandemic. We talked to 6 of them to hear what they think the real problem is.
Business Insider - 8 May 2020 22:37
Lisa Larkin MD & Associates Ultrawealthy and sometimes asymptomatic Americans are using concierge doctors to access COVID-19 tests amid a nationwide shortage. The doctors, whose monthly fees can range up to $10,000 a mon...
Coronavirus update: U.S. economy sheds record-setting 20.5 million jobs and New York child dies of condition linked to virus
Market Watch - 8 May 2020 20:04
The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post-World War II high and deepening the economic crisis, while in New York, a child died of a rare conditio...
The Quant Taking On Climate Change
Wall Street Journal - 8 May 2020 19:44
Robert Litterman was a legendary quantitative investor at Goldman Sachs. Now, as an adviser to federal regulators, he is urging action to manage the risk of global warming.
Loans, deposits soared in March, but banks' health is weakening: Fed
American Banker - 8 May 2020 19:28
The Federal Reserve also said in a supervisory report released Friday that it would conduct stress tests this quarter as planned, taking into account sudden deterioration in the economy brought on by the coronavirus pand...
CEO Mark Penn on How MDC Partners Is Weathering the Pandemic
AdWeek - 8 May 2020 19:14
Mark Penn, CEO of MDC Partners, said the holding company's agencies--which include 72andSunny, Anomaly and Doner--have, on average, reduced payroll by 10% in response to the business impact of Covid-19. "Each company rea...