Selling Most of His Empire, Whats Next?
Ron Perelman is selling most of his business empire because of the pandemic. Yet another example of the wide-reaching implications of the virus.
New Exchange Launches Challenge to NYSE and Nasdaq
Ever since Michael Lewis’ book regarding the advent of high-speed trading, there has been a discussion of whether another exchange could challenge the duopoly that exists. With the recent launch, we may get to see.
Goal of 250,000 U.S. Jobs Sets a Lofty Goal
Tik-Tok U.S. despite all the uncertainty around the company has set a lofty goal of employing more than 250,000 people in the country. Hard to believe given the unknowns regarding the business long-term.
Why Netflix Is Canceling Shows After Two Seasons
In what has become relatively common at the streaming company they are canceling shows after just two seasons. This article by Wired looks at why.