‘Wizard of Lies’ author on Black Monday’s lessons and how regulators are more fragmented than ever – CNBC

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AmEx CEO Chenault to Exit, Succeeded by Vice Chairman Squeri – Bloomberg

AmEx CEO Chenault to Exit, Succeeded by Vice Chairman Squeri – Bloomberg

American Express Co. Chief Executive Officer Kenneth Chenault is stepping down after 16 years running the credit-card lender and will be replaced by Steve Squeri. Chenault, 66, will stay on until Feb. 1, the New York-based firm said Wednesday in a statement. Squeri, 58, is vice chairman and has been at AmEx for three decades. […]

Netflix Is On Track To Exceed $11B In Revenue This Year – Forbes

Netflix Is On Track To Exceed $11B In Revenue This Year – Forbes

A sign is posted in front of the Netflix headquarters in Los Gatos, California. Photo by Justin Sullivan/Getty Images. Netflix is on track to exceed $11 billion in revenue this year, according to the streaming giant’s Q3 earning report, which was just released. A statement from the company claims it’s “growing nicely across the world” […]

Weinstein Co. in Talks for Sale to Colony Capital Following Scandal – NBCNews.com

Weinstein Co. in Talks for Sale to Colony Capital Following Scandal – NBCNews.com

Harvey Weinstein’s movie and TV company got a lifeline on Monday. Private equity firm Colony Capital, run by Thomas Barrack, said in a statement that it is negotiating with Weinstein Co., for a “potential sale of all or a significant portion,” of the company’s assets. Weinstein Co., which makes TV series “Project Runway,” for A&E […]

Father’s History Could Offer Insight Into Mind of Las Vegas Gunman – New York Times

Father’s History Could Offer Insight Into Mind of Las Vegas Gunman – New York Times

When Benjamin Paddock sat for the examination, he was built like a refrigerator and wore a neatly trimmed blond mustache and horn-rimmed glasses that framed strikingly light gray eyes. Pleasant, clean-cut and “incongruously cheerful,” he chain smoked through the interview, offering a gripping biography with a “fluent command of language.” “He smiles frequently, sometimes winningly, […]

Yellen Calls Inflation the ‘Biggest Surprise’ in the Economy – Bloomberg

Yellen Calls Inflation the ‘Biggest Surprise’ in the Economy – Bloomberg

Federal Reserve Chair Janet Yellen said that the U.S. central bank expects to continue to raise interest rates gradually as solid growth, a strong labor market and a healthy global economy lift prices even as she recognized that inflation has been surprisingly low.  “My best guess is that these soft readings will not persist, and […]

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