Thursday, November 21

Tag: contracts

How Jews Escaped Their Dismal Fate
17Dec By adminNo Comments
World

How Jews Escaped Their Dismal Fate

Throughout history Jews have suffered mass murder on a regular basis. It began with the expulsion from Judea (which the Romans renamed Syria Palestina) after the Bar Kokhba rebellion in the year 135. Crusaders killed thousands in the Rhineland massacres of 1096. During the Black Death of 1346-53, Jews were blamed for the plague and murdered. Many more were tortured to death and burned during the Spanish Inquisition. In 1648-49, Bogdan Chmielnicki and his Cossacks slaughtered tens of thousands of Jews in Ukraine. The same thing occurred during the Russian pogroms. In Kishinev, 49 Jews were savagely annihilated in 1903, and more were killed in 1905. Arab riots in Hebron and other places in 1929 resulted in 133 Jews killed. Two millennia of murders reached the unthinkable with the Nazi Einsa...
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Union to Eric Adams: Drop Dead
16Dec By adminNo Comments
Health

Union to Eric Adams: Drop Dead

Public unions are big cities’ toughest customers, even for an ally like New York’s Eric Adams. The mayor is patching the city’s budget amid a growing migrant crisis, but government workers are dragging him to court to block cost savings.One of New York’s largest public unions sued Wednesday to prevent City Hall from curtailing a costly jobs program. The parks and sanitation departments currently pay welfare recipients to do custodial work, but the city’s Office of Management and Budget wants to save money by shifting about 2,300 of those positions to outside firms. These savings are low-hanging fruit for a city with a $7 billion budget gap, but the union won’t budge.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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ChatGPT Creator OpenAI to Pay Politico Parent for Using Its Content 
13Dec By adminNo Comments
World

ChatGPT Creator OpenAI to Pay Politico Parent for Using Its Content 

Updated Dec. 13, 2023 1:01 pm ETNews-publishing giant Axel Springer has inked a multiyear licensing deal with ChatGPT creator OpenAI, a significant milestone as media companies push for compensation for the use of their content in artificial-intelligence tools. Under the agreement, OpenAI will pay to use content from Axel Springer publications, which include Politico and Business Insider in the U.S. and European properties Bild and Welt, to populate answers in ChatGPT and train its AI tools. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Sigma Healthcare Agrees to $5.79 Billion Merger With Pharmacy Chain
11Dec By adminNo Comments
World

Sigma Healthcare Agrees to $5.79 Billion Merger With Pharmacy Chain

SYDNEY—Australian drug supplier Sigma Healthcare agreed to merge with privately owned pharmacy operator CW Group, creating a listed company worth more than 8.8 billion Australian dollars (US$5.79 billion).Sigma on Monday said it would pay A$700 million in cash and issue sufficient new shares for CW Group, the operator of Australia’s prominent Chemist Warehouse pharmacy chain, to own 86% of the combined company. Shareholders of Sigma, which has a market capitalization of A$810.4 million, would own the remainder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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$19 Billion in a Week: AbbVie Makes Two Big Bets
9Dec By adminNo Comments
Money

$19 Billion in a Week: AbbVie Makes Two Big Bets

Early last week, AbbVie was on every healthcare investment banker’s list. But with two quick deal announcements under its belt in just six days, AbbVie may have transformed its pipeline in cancer and neurology and satiated its deal-making hunger.The Chicago-area company, best known for selling Botox and immune-disease drug Humira, announced on Thursday of last week it would pay $10.1 billion for biotech ImmunoGen. On Wednesday, it followed up with the acquisition of Cerevel Therapeutics for $8.7 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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German Industrial Production Contracted Unexpectedly in October
7Dec By adminNo Comments
World

German Industrial Production Contracted Unexpectedly in October

Germany’s industrial production fell unexpectedly in October, and for a fifth-straight month, a further sign of the deteriorating environment in the key manufacturing base of Europe’s largest economy.Output dipped 0.4% compared with the previous month, seasonally and on a calendar-adjusted basis, from a 1.3% decline in September, according to data published Thursday by German statistics office Destatis.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring
6Dec By adminNo Comments
World

Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring

YG Entertainment shares surged after the label behind K-pop girl group Blackpink renewed exclusive contracts with all four members of the multinational band.Shares of the South Korean talent company rose as much as 29% to 61,900 won ($47.12) in early afternoon trading, on track for their biggest daily percentage gain since listing in November 2011, according to FactSet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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AT&T Drops Nokia for Ericsson in $14 Billion Deal
5Dec By adminNo Comments
Money

AT&T Drops Nokia for Ericsson in $14 Billion Deal

Updated Dec. 4, 2023 6:22 pm ETAT&T struck a deal with Ericsson to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing systems.The five-year agreement would move virtually all of AT&T’s new purchases of certain cell-tower equipment to Ericsson, replacing existing machinery from Finnish rival Nokia in many markets. The Dallas-based telecom giant said it plans to start the swap next year and aims to have 70% of its wireless network traffic passing through open platforms by late 2026.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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