Wednesday, June 29, 2016 at 2:47pm
Despite volatility in the media industry, families who made their fortunes in publishing, cable and radio, held their own in 2016 — and some even prospered. According to Forbes‘ America’s Richest Families list, the Waltons of Wal-Mart Stores Inc., were once again on top with an... read more
Wednesday, June 29, 2016 at 2:32pm
Former Saint Laurent designer Hedi Slimane has just won a lawsuit against French luxury goods holding company, Kering. The group, which owns Saint Laurent, Alexander McQueen, Balenciaga and Gucci, among other high-end labels, is now forced to pay Slimane $13 million over a... read more
Wednesday, June 29, 2016 at 2:26pm
WASHINGTON — Despite the turmoil surrounding the U.K.’s vote to leave the European Union, the EU’s trade chief said Wednesday the negotiations over the Transatlantic Trade and Investment Partnership trade deal with the U.S. will go forward. Cecilia Malmstrom, trade commissioner... read more
Wednesday, June 29, 2016 at 2:23pm
Ahead of the release of his new project, Cheetah, electronic music avatar, Aphex Twin, has been steadily stoking the flames of fan excitement. Last week he shared his first music video in 17 years, which also happened to be directed by a 12-year-old from Dublin whom Aphex... read more
Wednesday, June 29, 2016 at 2:19pm
U.S. stocks clawed their way back for a second day following two days of panic selling after the Brexit vote. The S&P 500 jumped by 34 points to 2,070, the Dow Jones Industrial average added 284 points to 17,694 and the Nasdaq gained 87 points to close at 4,779. Many... read more
Wednesday, June 29, 2016 at 2:13pm
He said. She said. Repeat. At what point do investors of a targeted company in a proxy battle ignore the noise from both sides out of sheer fatigue? In the activist proxy fight between Chico’s FAS Inc. and Barington Capital Group, that time just might be now. Chico’s on... read more
Wednesday, June 29, 2016 at 2:09pm
In following up on his “World is Mine” video alongside Big Sean, A$AP Ferg is back once again in support of his latest album Always Strive and Prosper. This time around, Ferg presents the official music video for the project’s closeout track with Migos, “Back Hurt.” The clip... read more
Wednesday, June 29, 2016 at 2:07pm
“I think probably most of you, when you arrived here tonight, were wondering what the hell you were doing here.” Dirk Standen was addressing the crowd gathered for dinner in the back garden of the Waverly Inn on Tuesday night. If they weren’t puzzled before his speech, they... read more
Wednesday, June 29, 2016 at 1:59pm
It’s bros before business or media at Facebook. The stated goal of the social networking giant’s news feed is to “show people the stories that are most relevant to them.” Facebook, which boasts 1.65 billion monthly active users, said it will be making an update to the secretive... read more
Wednesday, June 29, 2016 at 1:55pm
DuJour Media has hired Fiona Murray as editor in chief, succeeding founding editor Nicole Vecchiarelli, who resigned last month. Vecchiarelli, who held the top job for more than four years, will be leaving the company at the end of July to pursue other opportunities. In her new... read more