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Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link
NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief
The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. Source link
Home-Builder Stocks Are Booming as Homeowners Stay Put
The top three publicly traded builders have seen their share of new-home sales rise from 22% to 31% over roughly the past five years. Source
OceanGate Suspends Operations After Titan Submersible Implosion That Killed 5
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A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses. The increasing economic links
Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion
Mallinckrodt, the financially troubled pharmaceutical company, is in discussions with a compensation trust for opioid victims as it seeks to potentially reduce the amount of
Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire
In less than 24 hours, the app has signed up more than 30 million users, surged to the top of download charts and become a
Complex Fund Names May Be a Warning Sign for Investors
The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear. Source link