Twitter Announces $26 Share Price in a Tweet
How else?By Adam Martin
How else?By Adam Martin
Got all that?By Kevin Roose
What? How could this happen?By Kevin Roose
Things with the NASDAQ aren't going so hot.By Joe Coscarelli
Gains made after last week's tumble have been wiped out.By Chris Rovzar
We have a suggestion.By Nitasha Tiku
"Also ich, für meinen Teil, heisse meine neuen Chefs herzlich willkommen!"By Nitasha Tiku
Nice knowing you, Wall Street.By Nitasha Tiku
James McDonald, the head of New York–based investment-advisory firm Rockefeller & Co, committed suicide this weekend.By Jessica Pressler
A court today threw out the final claims against the former NYSE chairman with the colossal pay package.
Plus, the latest on what's going on at Citibank, JPMorgan, and on the Upper East Side, in our daily industry roundup.
The Port Authority is offering it up for sale, according to the 'Post.' That, and more city news in our daily industry roundup.
Plus, Skadden's role in the failed Microsoft-Yahoo talks, what Perez Hilton is doing in James Frey's new novel, and the rest of today's industry gossip.
MEDIA • Anna Wintour took Hillary Clinton to task for backing out of her Vogue photo shoot because she feared looking "too feminine." Wintour: "The notion that a contemporary woman must look mannish in order to be taken seriously as a seeker of power is frankly dismaying." Ouch. [WWD] • The Directors Guild showed up the writers in striking, heh, fashion: After just one week of negotiations, the directors struck a deal with the studios that includes the all-important online-video money. The writers are cautious, though, since the last time they followed the directors' lead they got screwed on the home-video market. [WP] • Wal-Mart, responsible for 20 percent of all "newsstand" magazine sales, announced it would dump more than 1,000 titles from its shelves. Shocking twist: The New Yorker stays, but Boar Hunter Magazine is out! [NYP]
MEDIA • Rumor has it that Richard Parson's will announce his departure at Time Warner as early as this week. Jeff Bewkes, longtime No. 2, is set to take over as CEO. Does this mean a Parsons run for mayor? [Times of London] • Radar cooked up a clever quiz: Fox News anchor or porn star? You decide. Wait, no, Murdoch decides. [Radar] • Jim Cramer matched Rupert Murdoch's legendary subtlety: "We have a competitor now in Fox and it is really important to destroy and mutilate them." [Broadcasting & Cable]
FINANCE • Alan Greenspan's old flame Barbara Walters complained the G-man never gave good advice, insisting back in the seventies that she avoid an apartment on Fifth Avenue because it was a "bad investment." [NYP] • Henry Kravis got a little egg on his face thanks to the collapse of the $8 billion Harman buyout. Steve Schwarzman gets bragging rights or an excuse to back out of his own impossibly huge deals. [Deal Journal/WSJ] • With computers taking over, the NYSE plans to cut the trading floor down by half from its historic high. The famous Main Room and "the Garage," opened in 1903 and 1922 respectively, will remain open. [NYT]
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