DealBook Briefing: 2018’s Big Questions for Business, Trump and More
Sounds random, but ... Past 20 years, on the 1st day of a new year the S&P 500 has been higher 10 times and lower 10 times.
Here’s what Shonda Rhimes, a backer of the initiative, told Cara Buckley of the NYT:
“If this group of women can’t fight for a model for other women who don’t have as much power and privilege, then who can?”
Who else is involved: The actresses America Ferrera, Eva Longoria
and Reese Witherspoon; Donna Langley, the chairwoman of Universal Pictures; and roughly 295 other women in Hollywood.
Here’s what Mr. Blankfein, Andrew’s choice as 2017’s best corporate tweeter, had to say:
(Mr. Blankfein has good reasons for pique over the tax law: Goldman Sachs is taking
a $5 billion charge in its fourth-quarter earnings tied to the changes.)
One fund investor’s take in the NYT:
“I won’t say performance warrants the fees they charge,” said Barry Edelman, a Las Vegas retiree and a 20-year Baron shareholder.
What’s notable is that Time’s Up — formed by more than 300 women
and including a legal-defense fund — isn’t focused only on the entertainment industry.
Our columnist Andrew Ross Sorkin and his Times colleagues help you make sense of major business
and policy headlines — and the power-brokers who shape them.