Goldman Sachs’ promotion of women to senior positions has dropped to the lowest point during David Solomon’s time as CEO.
Goldman Sachs Faces Scrutiny Over Female Promotions Goldman Sachs is currently under the spotlight for promoting the lowest percentage of women to managing director positions since David Solomon took the reins as CEO. This has raised fresh questions about the company’s commitment to diversity, particularly in light of past promises to elevate women into senior […]
Tesla shareholders agree to Elon Musk’s unprecedented $1 trillion compensation plan — find out when he might receive the payout
Tesla Shareholders Approve $1 Trillion Pay Proposal for Elon Musk On Thursday, Tesla shareholders greenlit an astonishing $1 trillion payment plan for Elon Musk, following his threats to leave the company if it wasn’t approved. This unprecedented payout could make Musk the world’s first trillionaire, but he must first hit various performance milestones over the […]
AI disrupts US employment with a 150K job loss in October, the highest in twenty years.
In October, U.S. employers cut around 153,000 jobs, marking the highest number of layoffs in that month for two decades. This brings the annual total to over a million job losses. A recent report suggests that many companies are attributing these cuts to the rise of AI. The last time October saw higher layoffs was […]
Bari Weiss looks for ex-Navy SEALs who ‘look great in a suit’ for security: a lighthearted request
CBS News’ Editor-in-Chief, Bari Weiss, is on the lookout for a new security detail member, with reports suggesting they might be seeking a former Navy SEAL who can present well in a suit. A spokesperson for Weiss humorously described the job requirements to the Post on Thursday, noting that Weiss has received threats due to […]
Dave Portnoy considers withdrawing Barstool from NYC after Zohran Mamdani’s victory
Portnoy Threatens to Relocate Barstool Sports Over New Mayor’s Election Dave Portnoy, the founder of Barstool Sports, has expressed strong discontent over Zoran Mamdani’s election as mayor of New York City, hinting that he might close the company’s Manhattan office. He described Mamdani, whom he labeled inexperienced and a “communist,” as detrimental to the city’s […]
Apollo advises NYC employees to work from home in anticipation of a protest regarding Marc Rowan’s support for Trump
Apollo Global Management, a major acquisition firm, is advising its staff to work from home on Friday due to anticipated protests at its New York City headquarters. CEO Mark Rowan reportedly supports President Trump’s efforts against what he calls “woke politics” on college campuses. In the past few days, around 1,000 employees at Apollo’s office […]
Outback Steakhouse suddenly closes 21 locations in major restructuring.
Outback Steakhouse Closes 21 Locations Amid Cost-Cutting Strategy In October, Outback Steakhouse suddenly shut down 21 restaurants in the U.S. This move is part of a broader cost-cutting initiative from its parent company, Bloomin’ Brands. According to a recent earnings report, the Tampa-based chain, known for its quirky Australian themes, is starting what they call […]
Netflix negotiating to stream SiriusXM podcasts in effort to compete with YouTube, according to reports
Netflix is reportedly in initial discussions with SiriusXM to make the satellite radio company’s video podcasts exclusive to its platform. This move marks another step in Netflix’s ongoing efforts in the podcasting space, as various media outlets have indicated. Sources familiar with the conversations have mentioned to TheWrap that the potential deal would grant Netflix […]
Bilt Rewards teams up with Rakuten to offer points for online purchases
Bilt Partners with Rakuten for New Rewards Program Bilt, a loyalty program that rewards rent payments, has teamed up with Rakuten, enabling its members to earn points while shopping online at thousands of retailers. This New York-based startup acts as a payment processor, allowing customers to accumulate points by paying rent on time, buying a […]
Wealthy New Yorkers are anxious following Zohran Mamdani’s victory.
After Zoran Mamdani’s decisive victory, affluent New Yorkers are reaching out to their financial advisors, anxiously seeking ways to safeguard their assets and livelihoods, as reported by On the Money. The unrest among the wealthy began late Tuesday when Mamdani was elected. This wave of concern is likely to persist as these individuals contemplate their […]