Rogers & Cowan PMK Hires Stephen F. Macias To Head New Multicultural Division

Rogers & Cowan PMK has named Stephen F. Macias to the newly created position of Executive Vice President Entertainment and Multicultural Practice Lead. Macias will manage communications efforts and lead overarching strategy for the agency’s new Multicultural Communications division for R&C PMK’s talent and brand clients. Macias will oversee a team that develops communications strategy and public relations campaigns for […]

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See massive tuna sold for $1.8 million

New York (CNN Business)It may not seem like the best time to be in charge of Bumble Bee. The canned tuna industry has faced all manner of scandals over the past several years. Along with its competitors, Bumble Bee was implicated in a price-fixing scheme four years ago. Bumble Bee agreed to plead guilty for its role in the conspiracy […]

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Here's how Blackberry, Swiffer and Dasani got their names

New York (CNN Business)Lay’s potato chips are about to get a packaging revamp. The redesigned potato chip bag and new logo give Lay’s its first new look in 12 years. Unlike previous redesigns, Lay’s isn’t undergoing a radical transformation. Instead, the refreshed logo and packaging are meant to make the brand feel more modern and contemporary, said Jon Guerra, senior […]

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Jada Pinkett Smith & Will Smith’s Westbrook Hires Eli Shibley As Head Of International Film & Television

EXCLUSIVE: Jada Pinkett Smith and Will Smith’s Westbrook Studios has hired former Global Road Television, Electus and Shine executive Eli Shibley as SVP, Head Of International Film And Television. Shibley will focus the company’s efforts with filmmakers and creatives in the international market. He will oversee international content development, IP investment, production, and distribution, and will work to adapt projects […]

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Jefferies Awards Executive Bonuses After WeWork Shredded Returns

WeWork’s dramatic fall should have deprived top executives at Jefferies Financial Group Inc. their bonuses. That was until the bank’s board stepped in and authorized $10.7 million in cash payouts to Chief Executive Officer Richard Handler and three of his deputies, according to a regulatory filing Tuesday. Jefferies wrote down the value of its WeWork stake by $182.3 million last […]

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Healthcare Stocks’ Reaction On Wednesday To Biden’s Win

Stocks within the healthcare sector rallied in Wednesday’s trading session after former Vice President Joe Biden scored impressive victories in the Super Tuesday primaries in the race for the Democratic presidential nomination. While Biden scored key primary victories in states such as North Carolina, Virginia and Minnesota, he also scored an upset victory over Senator Bernie Sanders in delegate-rich Texas. […]

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UK court rejects Nirav Modi’s bail plea for fifth time

He appeared via videolink from the prison as his legal team offered a package of “stringent” bail measures, including bail security of 4 million pound, house arrest with a 24-hour electronic tag as well as a private security guard service and a strictly monitored access to gadgets and telephones. A UK court on Thursday rejected for the fifth time the […]

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Coronavirus could push UK to brink of recession, says Goldman Sachs

The coronavirus outbreak could push the UK to the brink of recession in the coming months, Goldman Sachs has warned. The disease’s spread will force the chancellor, Rishi Sunak, to refocus next week’s budget on the government’s short-term response, rather than a broad-based expansion of spending, the US investment bank’s economists said. Airlines could lose up to $113bn on back […]

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Wells Fargo To Raise Minimum Hourly Pay For US Employees

Wells Fargo & Co. is set to raise its minimum hourly pay levels in a majority of its U.S. markets by a maximum of about 32 percent based on various factors such as cost of living in different markets. The pay increases, which will take effect by the end of 2020, will impact more than 20,000 U.S.-based employees. The hourly […]

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How AI is changing the way we work

New York (CNN Business)Technology is a blessing and a curse for the modern office worker. Lightning-fast computers make the impossible possible. But constant distraction and friction slows work down. Workers are bombarded with a steady stream of emails, instant messages and requirements to log onto different systems to do such basic tasks as requesting vacation and filing expense reports. Citrix […]

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