Record Earnings, Good Economy—So Why Are the Big Banks Cutting Back?

Last month, Wall Street’s major banks celebrated robust quarterly earnings virtually across the board. Even before Morgan Stanley disclosed comparatively disappointing numbers, the likes of Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Wells Fargo combined to report more than $100 million in earnings for the fourth quarter of 2018. Buoyed by the …

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Amazon and GM, Ghosn Lawyers, Xi Meeting: CEO Daily for February 13, 2019

Good morning. David Meyer here, filling in for Alan from Berlin. Twitter CEO Jack Dorsey had a most illuminating grilling by journalist Kara Swisher yesterday, on his own platform, naturally. Much of the interview’s newsworthiness came from Dorsey’s answers, which I’ll get to in a moment. But first it’s worth noting that many found the …

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You Can Get Two Dozen Roses for Less Than $20 Thanks to Whole Foods and Amazon

Anyone who has tried to find affordable roses this time of year knows it’s a Herculean task, but Whole Foods is hoping to seduce shoppers this year. The Amazon-owned grocery store is charging Amazon Prime members just $19.99 for two dozen roses. Non-Prime shoppers will pay $25. Getting those roses delivered is a bit trickier, …

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With Candy-Heart Maker Necco Out of Business, Other Confectioners Vie for Valentine’s Day Love

When the New England Confectionery Co. abruptly closed its doors last year, howls over the demise of its eponymous Necco wafer echoed across the candy aisle. Perhaps worse, its iconic Valentine’s Day treat–the Sweetheart and its cutesy phrases (LOVE YOU, MISS YOU, WAIT4ME)–looked like it was going to vanish as well. For small business owner …

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John Abraham, Anil Kapoor, Ileana D’Cruz, Kriti Kharbanda to kick off Pagalpanti in London (details out)

Pagalpanti is all set to roll and we are damn excited for the same. The film is helmed by Anees Bazmee and will be shot in London. The main leads are John Abraham, Ileana D’cruz, Arshad Warsi, Pulkit Samrat, Kriti Kharbanda, among others. The last comic caper was Mubarakan starring Arjun Kapoor, Athiya Shetty and …

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A team of professionals from Germany to fly down to train Saif Ali Khan for the action sequences in Taanaji

Saif Ali Khan will be seen starring in two action dramas in 2019, one of them being Taanaji – The Unsung Warrior. According to the sources, he has completed his first shooting schedule for the film in Mumbai and is all set to kick-start the second one. The second schedule will have a lot of …

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Bhumi Pednekar’s private collection from her movies will leave you stunned!

Bhumi Pednekar has a sweet secret. She collects some really special things from every film that she does. The reason: Bhumi gives so much into the making of the film and her character that it isn’t easy for her to detach completely. She would like to cherish the memories forever. “All the films I have …

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Government provides relief to Bollywood with new amendments in Piracy Law

We all remember the time when back-to-back Bollywood releases were leaked on the internet. Not surprisingly, this resulted in many Bollywood producers incurring heavy losses. After a recent meeting of Bollywood celebs with our honourable Prime Minister Narendra Modi, it seems that the government has reportedly decided to make amendments in the existing law for …

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