Mary Ellen Coe was installed as YouTube‘s Chief Business Officer last fall, just as the activity level at the company was beginning to surge even by the breakneck standards of a startup-turned-digital-behemoth. Since she landed in her new role after a 10-year run at Google and a prior chapter at McKinsey, many major headlines have blared. The company secured NFL […]

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The Biden Administration has approved $37 million in debt cancellation for more than 1,200 student borrowers who were deceived by the University of Phoenix. These borrowers were cheated into believing that by attending the University of Phoenix they would have promising career prospects at Fortune 500 companies – yet those benefits and opportunities never existed. The U.S. Department of Education […]

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The United States has one of the largest militaries in the world, with more than 1.3 million active-duty personnel. This includes those serving in the Army, Navy, Marine Corps, Air Force, Space Force, and Coast Guard. (Read about the countries with the largest militaries.) While about 160,000 of these active-duty service members are deployed abroad, the majority are stationed at […]

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In a close call, the Bank of England kept its benchmark rate unchanged unexpectedly for the first time since November 2021 as inflation eased to an 18-month low, while the economy is moving closer to a mild recession. The BoE Monetary Policy Committee, headed by Governor Andrew Bailey, voted by a narrow margin of 5-4 to maintain the bank rate […]

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Following the sell-off seen late in the previous session, stocks are likely to see further downside in early trading on Thursday. The major index futures are currently pointing to a notably lower open for the markets, with the S&P 500 futures down by 0.9 percent. Concerns about the outlook for interest rates may continue to weigh on Wall Street following […]

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The Swiss National Bank unexpectedly left its benchmark rate unchanged on Thursday, as policymakers assessed that the significant tightening of policy over the past five consecutive meetings is countering inflationary pressure, though the bank left the door open for future hikes. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.75 percent, while markets […]

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Japanese conglomerate Toshiba Corp. announced that a consortium led by private equity firm Japan Industrial Partners or JIP has bought majority of its shares. The company will now be taken private following the successful completion of around 2 trillion yen or $13.5 billion tender offer. In a statement, Toshiba said that in the tender offer by TBJH Inc. for the […]

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EXCLUSIVE: Following the TIFF world premiere of Unicorns, the buzzy cross-cultural romance marking his feature acting debut, British actor and singer Jason Patel has taken on new reps at Gersh and Untitled Entertainment. World premiering up north just a few weeks ago, the film from Sally El-Hosaini and James Krishna Floyd has him starring as Aysha, a British Indian drag […]

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UPDATED, 11:25 AM: Rick Astley has settled his right-of-publicity suit against “Betty (Get Money)” rapper Yung Gravy over a song that the British singer claimed borrowed heavily from his signature 1987 hit “Never Gonna Give You Up.” The rapper’s attorney filed court papers Tuesday with Los Angeles Superior Court Judge Elaine Mandel stating that the case was resolved Friday, but […]

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Rampant inflation has been eroding real incomes nationwide, but no doubt wealthier Americans have had an easier time handling soaring prices. In some U.S. states, more households have relatively higher incomes, while in other states, more households have relatively low incomes. In 31 states, including seven of the 10 most populated, median household income is below the national median of […]

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