October 17, 2023

Markets Now

Goldman Sachs CEO stops doing controversial DJ gigs

Goldman Sachs chief executive (and noted party DJ) David Solomon will no longer perform at high-profile events, picking Wall Street over South Beach, a representative from the second-largest investment bank confirmed to CNN.  
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What the Israel-Hamas war means for US markets

Growing unrest in the Middle East has cast a shadow on global financial markets.  
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Rolls-Royce plans up to 2,500 job cuts to revamp its 'burning platform' business

Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance.  
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Judge rules in Citibank's favor in case against analyst it sacked for claiming his partner's meals on expenses and lying about it

Citibank has won an employment tribunal case brought by an analyst it sacked for claiming expenses for meals he shared with his partner, and then lying about it.  
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Tupperware picks Spanx veteran as new CEO

Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman as its new CEO on Wednesday amid ongoing attempts to continue to survive as a business.  
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Billionaire Ronald Lauder threatens to pull funding if UPenn doesn't do more to fight antisemitism

Billionaire Ronald Lauder, a powerful financial backer of the University of Pennsylvania, is threatening to cut off donations if the school doesn’t do more to fight antisemitism, CNN has learned.  
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Source: CNN Business

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