Steve Cohen, Point72 founder and NY Mets owner, on what it takes to be an elite investor or a pro athlete
Steve Cohen bought his childhood team, the New York Mets, in 2020. The employees of billionaire Steve Cohen’s two companies compete in different arenas. The New York Mets, the Major League Baseball team Cohen has owned since 2020, play their games in front of tens of thousands of fans in Queens and opposing teams’ stadiums.…
2-way apprenticeships can help employees connect on difficult topics and learn new skills, BCG exec says
Alicia Pittman. Alicia Pittman, the global people-team chair at BCG, has been at the consulting firm for nearly 20 years. It’s a testament, she said, to the company’s culture. “It’s a place built to make talent do things that they didn’t even know they could do,” Pittman said. “I’m included in that. I love the…
What the Omnicom-IPG deal means for workers across the global ad industry
Omnicom CEO John Wren and IPG Philippe Krakowsky announced on Monday the merger of their companies. Wren will continue to lead the new, larger Omnicom. A coming mega-merger is set to make waves across the advertising world, especially among the millions of people employed by ad agencies globally. On Monday, Omnicom announced a $13 billion…
All the announcements OpenAI has made so far for its 12 days of ‘Shipmas’
OpenAI CEO Sam Altman and members of his team as they announced new products on the first day of “Shipmas.” OpenAI is releasing new features and products ahead of the holidays. Fans hope the 12-day campaign, which OpenAI is calling “Shipmas,” will include an update of its text-to-video AI tool, Sora, as well as other…
OpenAI launches AI video generator Sora to the public
OpenAI just launched its AI video generator Sora to the public. As part of Shipmas Day 3, OpenAI just launched its AI video generator Sora to the public. Sora can generate up to 20-second videos from written instructions. The tool can also complete a scene and extend existing videos by filling in missing frames. Rohan…
I’ve been to Royal Caribbean’s private island 3 times — here are my 7 tips to make the most of your day
Most of Royal Caribbean’s Caribbean cruises include a stop at its private island, Perfect Day at CocoCay. If you’ve booked a Caribbean cruise with Royal Caribbean, you’ll likely visit the company’s $350 million private island, Perfect Day at CocoCay. The Bahamian retreat, located about 140 miles east of Miami, receives thousands of Royal Caribbean Group…
Disney Treasure prepares for its maiden voyage amid major cruise expansion
The Disney Treasure is Disney Cruises’ newest ship. The 1,119-foot-long Disney Treasure is set to make its maiden voyage from Port Canaveral, Florida later this month as the entertainment giant embarks on a major expansion of its cruise operations. The Treasure is one of seven new liners Disney plans to launch by 2031, more than…
Why the coming inflation report may be more important than markets think
The Wall Street subway stop The market’s worries over inflation have eased, but November price data due out on Wednesday will be a bigger deal for stocks than investors may think, Bank of America said in a note on Monday. The November consumer inflation index report will be published Wednesday morning. Economists expect the data…
El Salvador will reportedly dial back its bitcoin ambitions to secure a loan from the IMF
Salvadoran President Nayib Bukele gestures during a speech for his second anniversary in power on June 1, 2021 in San Salvador, El Salvador. El Salvador will likely dial down bitcoin’s role as a legal tender in exchange for a $1.3 billion loan from the International Monetary Fund, The Financial Times reported. Though a finalized deal…
