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☆ Inside the Goldman Sachs marketing push that has some execs perplexed
▼ + stars: | 2024-11-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +14 min

AdvertisementTop Goldman officials denied any plans to cut Carter's department and said she had upgraded Goldman's marketing capabilities. "It sounds like a few people have a quaint understanding of marketing at Goldman Sachs," a Goldman spokesman, Tony Fratto, said. They turned to the consulting giant McKinsey, which recommended Goldman increase its marketing budget and hire a chief marketing officer, these people said. Related storiesAs AT&T's chief brand officer, Carter handled sports sponsorships, advertising, and diversity messaging in a division headed by the telecom giant's global marketing officer, Lori Lee. PATRICK T. FALLON/AFP via Getty ImagesIn recent weeks, Goldman's marketing team has suffered more departures.

Persons: Goldman Sachs, Goldman, Fiona Carter, Carter, David Solomon's, Solomon, Tony Fratto, It's, Goldman dealmaker, —, John Waldron, Lori Lee, Robert De Niro, Katie Holmes, John Rogers, Waldron, Rogers, Fratto, Sean Zanni, Jake Siewert, Maria dal, speechwriting, Dal Pan, Goldman Sachs SAUL LOEB, Matt Gibson, David Solomon, PATRICK T, FALLON, Jason Hill, snagging, There's, Russell Horwitz, Goldman's, Horwitz, " Horwitz, Emmalyse Brownstein, Reed Alexander Organizations: Goldman, Business, Forbes, McKinsey, T's, Hollywood, Tribeca Film, Goldman's New, BI, AFP, Formula One United, Prix, Getty, White Locations: Sachs, Goldman's, Goldman's New York City, Formula One United States, Austin , Texas, York City

☆ Tough-on-crime former NYC judges say even they wouldn't sentence Trump to prison in the hush-money case
▼ + stars: | 2024-06-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

AdvertisementWill Merchan sentence Donald Trump to jail? Merchan will not sentence Trump to prison, the four agreed. Merchan could theoretically sentence Trump to as little as a single day in Rikers, said Kamins, now in private practice at Aidala, Bertuna & Kamins. But even in the unlikely event of a low-jail sentence, Trump's appeals would keep him at liberty for years, all four judges said. "I certainly don't know what the right decision is, or what Judge Merchan will do," Obus told BI.

Persons: —, Donald Trump, Will, Juan Merchan, Trump, blunts, Attorney Alvin Bragg, Bragg, Jane Rosenberg, Michael Obus, Barry Kamins, Charles Solomon, Solomon, Shannon Stapleton, Kamins, Richard Drew Appeals, — Obus, Trump's, Ted Cruz, Joshua Steinglass, Obus, I've, Ron Kuby, Kuby, Merchan, STEVEN HIRSCH, Judge Merchan, Susan Necheles, Stormy Daniels, Jane Rosenberg Merchan, Rehashing, he's Organizations: Service, Will New, Business, Attorney, REUTERS, New York, New, New York City, BI, Trump, Manhattan, Republicans, AP, National Enquirer, Getty Images, Harvard Business School, Reuters, Manhattan Criminal Locations: Rikers, Manhattan, New, New York, Brooklyn, , New York, New York's, Aidala, United States, Florida, Washington

☆ Opinion: Why Apple’s iPad ad hit such a nerve
▼ + stars: | 2024-05-10 | by ( Opinion Bill Carter | ) edition.cnn.com time to read: +4 min

Actors, directors, writers and academics expressed outrage at the Apple ad. I liked the sarcasm of screenwriter Ed Solomon’s post on X: “Who needs human life and everything in life that makes it worth living? Sincerely, Apple.”That was not the message Apple intended to convey, was it? Join us on Twitter and FacebookGiven that ongoing uncertainty and trepidation, the Apple ad is not merely tone deaf, it’s stone deaf. 1 hit (perhaps not the greatest example of human creativity, but still) that plays over images of paint cans exploding and musical instruments splintering to dust.

Persons: Bill Carter, Apple, Sonny, Cher, Bill Carter Bill Carter, Tor, “, “ We’ve, Tim Cook, Pete Townsend, Ed Solomon’s, creatives, … Organizations: The New York Times, CNN, HBO, Apple, Tech, Twitter, Facebook

☆ Goldman Sachs CEO David Solomon breaks down how the AI obsession is creating a gold rush for the bank
▼ + stars: | 2024-04-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Artificial intelligence is on everyone's lips, and that's expected to translate into big bucks for Goldman Sachs, according to CEO David Solomon. He said the bank has been "advising clients on these topics and how to think about potential use cases in their operations." AI's impact on jobsSolomon also explained how, internally, AI could impact its own workforce. "We see enormous opportunities for productivity gains and also opportunities for efficiency," Solomon said, describing how the AI revolution could impact Goldman's human capital. Some firms like Deutsche Bank have been piloting test cases to evaluate the impact AI could have on junior bankers' workflows.

Persons: Goldman Sachs, David Solomon, Solomon, PwC, — Goldman, Goldman, JPMorgan Chase, Reed Alexander Organizations: Business, P Global, Intelligence, Deutsche Bank, Goldman, New York Times, JPMorgan, Global Locations: ralexander@businessinsider.com

☆ Shake Shack founder Danny Meyer invests $20 million in indoor golf experience company Five Iron
▼ + stars: | 2024-03-12 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

That led Meyer to take a lesson with a golf pro on an indoor simulator, an experience that eventually led him and his investment firm, Enlighted Hospitality Investments, to make a $20 million minority investment in Five Iron Golf, an indoor golf and entertainment company. Five Iron Golf, founded in 2017, has grown as it has looked to appeal to several types of golfers, according to CEO Jared Solomon. "The core of Five Iron Golf is to be the best place for the serious golfer as well as the entertainment-type person," Solomon said. But the amount of people who are only playing golf on courses is decreasing, down 9% from the previous year. In fact, there are more players now playing at golf entertainment venues like Topgolf , standalone driving ranges, and businesses like Five Iron Golf with simulator and screen golf setups than there are players playing on a course, according to the NGF data.

Persons: Danny Meyer, hasn't, Meyer, we've, Jared Solomon, Solomon Organizations: Shake, Enlighted Hospitality Investments, National Golf Foundation Locations: U.S

☆ Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
▼ + stars: | 2024-02-22 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

AdvertisementThe drama playing out within the upper ranks of Goldman Sachs is continuing to unfold, and CEO David Solomon's troubles with senior partners don't appear to be over yet. (Garcia's co-head of European investment banking, Anthony Gutman, is also said to have been named to the committee.) Bloomberg reported this week that Beth Hammack — a longtime Goldman partner, co-head of the global financial group, member of the management committee, and former CEO of Goldman Sachs Bank USA — is set to step down. And when Esposito broke the news last month of his imminent departure in a note to partners and clients, he wrote, wistfully, that he planned to "bleed Goldman Sachs forever." Are you a Goldman Sachs or Wall Street insider?

Persons: Goldman Sachs, David Solomon's, who's, Mark Sorrell, Gonzalo Garcia, Joshua Franklin, Arash Massoudi, Kim Posnett, Sorrell —, Sir Martin Sorrell, Stephan Feldgoise, Anthony Gutman, Sorrell, Gutman, Garcia, Goldman, Alison Mass, George Lee, Jim Esposito —, —, Solomon, Adebayo, Beth Hammack —, Esposito, wistfully, Reed Alexander Organizations: Financial, IB, Reading, Goldman, Bloomberg, Goldman Sachs Bank Locations: Miami

☆ Who is Elly Conway? Everything to know about the mysterious author at the center of the movie 'Argylle'
▼ + stars: | 2024-01-31 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Matthew Vaughn's "Argylle" stars Bryce Dallas Howard as an author named Elly Conway. The film is based on a book written by a supposedly real-life author named Elly Conway. AdvertisementMatthew Vaughn's latest action movie "Argylle" has been garnering lots of attention lately, and fans are demanding to know the identity of first-time author Elly Conway. AdvertisementVery little is known about ConwayBryce Dallas Howard as Elly Conway in "Argylle." "I am begging Elly Conway to come out of the shadows because this Taylor Swift thing freaked me out.

Persons: Matthew Vaughn's, Bryce Dallas Howard, Elly Conway, Conway, Vaughn, it's Taylor Swift, —, Conway Bryce Dallas Howard, Peter, MARV Conway's, Jason Fuchs, Henry Cavill, Samuel L, Jackson, Ian Fleming's, Ellie, Elly, Alfred Solomon, Matthew Vaughn, Peter Mountain, MARV, Argylle, Instagram, who's, Terry Hayes, Hayes, James Gray, Taylor Swift Taylor Swift, Anita Ko, Kevin Mazur, Swift, she's, Nils Sjöberg, Conway's, Meredith Grey, Chip, it's, Taylor Swift, Claudia Schiffer, Rolling Stone, Schiffer, Alfie, Taylor Organizations: Service, Universal Pictures, Apple, Apple Original Films, Bantam Books, Random, Penguin Random, New Yorker, Twitter, The Hollywood, Washington Post, argyle, Netflix Locations: United States, New, New York, Swift

HARRISBURG, Pa. (AP) — Pennsylvania's Republican Party on Monday endorsed York County's district attorney, Dave Sunday, for state attorney general out of a three-person field. The party's endorsement came the day before candidates could begin collecting the required number of voter signatures to get on Pennsylvania's primary ballot. Sunday won the endorsement over state Rep. Craig Williams and Katayoun Copeland, both former federal prosecutors who hail from Delaware County in southeastern Pennsylvania. No Republican has been elected attorney general since 2008. Josh Shapiro ’s second term as attorney general and doesn’t plan to run for the office.

Persons: —, Dave Sunday, Craig Williams, Katayoun Copeland, Copeland, Joe Biden’s, Donald Trump’s, Jack Stollsteimer, Jared Solomon of Philadelphia, Eugene DePasquale, Joe Kahn, Keir Bradford, Michelle Henry, Josh Shapiro ’, Shapiro, Henry, ___, Marc Levy Organizations: Republican Party, Monday, York, Sunday, Republican, Gov Locations: HARRISBURG, Pa, Delaware County, Pennsylvania, Montgomery

Williams, a former federal prosecutor and former U.S. Marine Corps pilot and prosecutor, is the third Republican to declare his candidacy. In an announcement video, Williams says, “I'm running for attorney general because I know how to deal with violence. As a freshman lawmaker, he became one of two House Republicans tapped to lead the impeachment of Philadelphia's progressive district attorney, Larry Krasner. The two other Republicans who have announced their candidacies are York County District Attorney Dave Sunday and former federal prosecutor Katayoun Copeland. Josh Shapiro 's second term as attorney general and doesn't plan to run for the office.

Persons: Philadelphia's, Joe Biden’s, Craig Williams, Williams, “, Joe Sestak, Larry Krasner, Krasner, Donald Trump’s, Dave Sunday, Katayoun Copeland, Jack Stollsteimer, Jared Solomon of Philadelphia, Eugene DePasquale, Joe Kahn, Keir Bradford, Michelle Henry, Josh Shapiro, Shapiro, Henry, Marc Levy Organizations: Republican, U.S . Marine Corps, U.S . Rep, Peco Energy Co, Exelon Corp, Republicans, University of Florida, York, Gov Locations: HARRISBURG, Pa, Philadelphia, Alabama, York County, Delaware County, Montgomery, Alaska

Stollsteimer joins a Democratic primary field that is already four-deep in which he will be the only elected prosecutor. In his campaign for attorney general, Stollsteimer will lean heavily on his experience as the twice-elected district attorney of Delaware County, Pennsylvania's fifth-most populous county sitting between Philadelphia and Delaware. In 2019, he won his race for district attorney, becoming the first Democrat to hold the office in Delaware County, once a Republican bastion that Democrats now control. On the Republican side, York County District Attorney Dave Sunday and former federal prosecutor Katayoun Copeland have announced their candidacies. Attorney General Michelle Henry does not plan to run to keep the office.

Persons: Jack Stollsteimer, Joe Biden’s, ” Stollsteimer, Stollsteimer, Donald Trump’s, ”, Fanta Bility, Jared Solomon of Philadelphia, Eugene DePasquale, Joe Kahn, Keir Bradford, Dave Sunday, Katayoun Copeland, Michelle Henry, Marc Levy Organizations: Democratic, Treasury Department, Democrats, Temple University, Republican, of Education, Philadelphia Inquirer Locations: HARRISBURG, Pa, Delaware County, Pennsylvania, Philadelphia and Delaware, “, Philadelphia, Chester, Montgomery, York County

☆ US 'disappointed' Solomon Islands leader Sogavare to miss White House summit
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

Solomon Islands Prime Minister Manasseh Sogavare addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 22, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsSYDNEY/WASHINGTON, Sept 24 (Reuters) - The U.S. is disappointed Solomon Islands Prime Minister Manasseh Sogavare will not attend a Pacific Islands summit with U.S. President Joe Biden next week, the White House said on Saturday. "We are disappointed that PM Sogavare of the Solomons does not plan to attend," a Biden Administration official said. The Australian broadcaster ABC reported Solomon Islands Foreign Minister Jeremiah Manele will attend the summit instead. The Solomon Islands Prime Ministers Office did not respond to a Reuters request for comment.

Persons: Manasseh Sogavare, Eduardo Munoz, Solomon, Joe Biden, Biden, Jeremiah Manele, Sogavare, Xi Jinping, Sato Kilman, Trevor Hunnicutt, Kirsty Needham, Josie Kao Organizations: Islands, General Assembly, REUTERS, Rights SYDNEY, Solomon Islands, Pacific, White, Biden Administration, ABC, Solomon, Solomon Islands Prime Ministers, United Nations General Assembly, Initiative, Global Security Initiative, Vanuatu, Thomson Locations: New York City, U.S, WASHINGTON, China, Washington, Australian, Solomon Islands, New York, Beijing, Solomon, Sydney

☆ US 'Disappointed' Solomon Islands Leader Sogavare to Miss White House Summit
▼ + stars: | 2023-09-23 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

SYDNEY/WASHINGTON (Reuters) - The U.S. is disappointed Solomon Islands Prime Minister Manasseh Sogavare will not attend a Pacific Islands summit with U.S. President Joe Biden next week, the White House said on Saturday. Biden will host a second summit with leaders of the Pacific Islands Forum at the White House on Monday as part of his efforts to step up engagement with a region where the U.S. is in a battle for influence with China. "We are disappointed that PM Sogavare of the Solomons does not plan to attend," a Biden Administration official said. The Australian broadcaster ABC reported Solomon Islands Foreign Minister Jeremiah Manele will attend the summit instead. The Solomon Islands Prime Ministers Office did not respond to a Reuters request for comment.

Persons: Solomon, Manasseh Sogavare, Joe Biden, Biden, Jeremiah Manele, Sogavare, Xi Jinping, Sato Kilman, Trevor Hunnicutt, Kirsty Needham, Josie Kao Organizations: SYDNEY, Solomon Islands, Pacific, White, Biden Administration, ABC, Solomon, Solomon Islands Prime Ministers, United Nations General Assembly, Initiative, Global Security Initiative, Vanuatu Locations: WASHINGTON, U.S, China, Washington, Australian, Solomon Islands, New York, Beijing, Solomon, Sydney

☆ Why former Goldman Sachs partners say they left the firm
▼ + stars: | 2023-09-20 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +23 min

Goldman Sachs partners are leaving — some 202 during David Solomon's five years as CEO by Insider's calculation. In particular, before Solomon, Goldman nurtured many fiefs and then spread the wealth from the most successful ones across the firm. Of the former Goldman executives that Insider interviewed, here are the most cited reasons they gave for leaving Goldman. When both men struggled, senior partners left, and Goldman stumbled in its efforts to wind down its balance-sheet investments. Goldman Sachs partners are paid well by any standard: $950,000 in base salary and often multiples of that in annual bonuses.

Persons: Goldman Sachs, David Solomon's, Solomon, Goldman, David Solomon, John Waldron, Goldman's, Adebayo Ogunlesi, Mike Mayo, Andrew Toth, Devin Ryan, Ryan, Waldron, Tony Fratto, Mike Blake, Eric Lane, Julian Salisbury, Lane, Luke Sarsfield, Sarsfield, Marc Nachmann, he's, Fratto, Stephanie Cohen, Cohen, Kathy Ruemmler, Charles Dharapak, Barack Obama's, Kenneth Lay, Jeffrey Skilling, Ruemmler, Unbeknown, Jeffrey Epstein, dealmaking, David S, Holloway, Mayo, David doesn't, GreenSky, Brendan McDermid, It's, Alison Mass, Hank Paulson, Russell Horwitz, David, it's, Emmalyse Brownstein Organizations: Wall, JPMorgan, Wells, Wells Fargo Securities, Investors, Goldman, AWM, Sarsfield, BAE Systems, Justice Department, Street Journal, Bloomberg, Employees, Partners, Federal Reserve, United Capital Financial Partners, Reuters, GreenSky Locations: New York, Wells Fargo, Salisbury, Manhattan, Texas, Plano, London, Paris, Chicago

CEO of Goldman Sachs David Solomon participates in a panel titled "Empowering Women as Entrepreneurs and Leaders" at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. Goldman Sachs is shedding its consumer businesses after its foray into retail banking flopped. "I definitely do feel better about the capital markets," Solomon said in the wide-ranging interview. Solomon also said U.S. regulatory proposals for stricter bank capital rules have "gone too far." "I am focused on Goldman Sachs," he said.

Persons: Goldman Sachs David Solomon, Elizabeth Frantz, Goldman Sachs, David Solomon, that's, Solomon's, Solomon, SoftBank, Banks, Saeed Azhar, Lananh Nguyen, Jonathan Oatis, Jamie Freed, Deepa Babington Organizations: World Bank Group, International Monetary Fund, REUTERS, CNBC, T Arm Holdings, Federal Reserve, Thomson Locations: Washington , U.S, U.S

☆ Hollywood’s absolutely bizarre accounting tactics are under renewed scrutiny
▼ + stars: | 2023-07-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

But the unique accounting standards that the industry has long relied on to make those calculations is anything but straightforward. “Hollywood accounting,” as a concept, is so specific to the entertainment business it has its own Wikipedia page. And while experts say this kind of creative accounting is perfectly legal, the tactics involve some of the most fantastical fictions ever devised in Tinseltown. To actually make the movie, the subsidiary inevitably takes on expenses — crew wages, craft services, set design, props etc. That means all of these “creative” expense allocations shouldn’t affect what net profits the studio’s shareholders see.

Persons: CNN Business ’, “ Forrest Gump ”, ”, Harry Potter, United States ’, Stephen Glaeser, Glaeser, ” Glaeser, it’s, Bridget Stomberg, “, Mark Young, ” Young, Tommy Lee Jones, Will Smith, Ed Solomon, Solomon, Sony didn’t, you’ll Organizations: CNN Business, New York CNN, United, University of North, University of Indiana’s Kelley Business School, University of Southern California’s Marshall School of Business, Sony Pictures, Sony, CNN Locations: New York, United States, Tinseltown, University of North Carolina

☆ How Steven Soderbergh and Ed Solomon Straightened Out ‘Full Circle’
▼ + stars: | 2023-07-12 | by ( Elisabeth Vincentelli | ) www.nytimes.com time to read: +1 min

The first time the director Steven Soderbergh and the screenwriter Ed Solomon worked together was on the murder mystery “Mosaic” (2017), which could be watched as a choose-your-own-adventure-style story using a smartphone app or as a six-episode HBO mini-series. “Mosaic” drew mixed reviews, but the two men learned a lot doing it. The idea was greenlighted in 2021, and Solomon started writing two versions that would tell the same story differently. “When I got the schedule and I saw the number of days and the page count of just the linear, I was like, ‘This is physically impossible,’” Soderbergh said in a recent joint interview with Solomon. He added: “I had visions of ‘The Sorcerer’s Apprentice’ — that this was going to become a legendary folly.”

Persons: Steven Soderbergh, Ed Solomon, ”, Max —, Solomon, ’ ” Soderbergh, “

☆ A new addition to Goldman Sachs' board could be a lifeline, or threat, to CEO David Solomon
▼ + stars: | 2023-06-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

A change to the board of directors at a top Wall Street bank has raised questions about what it means for the CEO. Goldman Sachs board is reportedly planning to add Tom Montag, a former longtime Goldman exec who became the No. And as a former partner at the bank, Montag also brings with him a certain cachet. Such is life on Wall Street, where the line between friend and foe is never quite clear. From Mark Zuckerberg's martial arts-led comeback to Jeff Bezo's hot yacht summer, tech bros are feeling themselves these days.

Persons: Dan DeFrancesco, you've, —, we've, Tom Montag, Craig Barritt, Tory Burch, Goldman Sachs, Goldman, David Solomon, Montag, Solomon, Insider's Dakin Campbell, Merrill, Insider's Alex Morrell, Jeff Bezos, Clive Mason, Mark Zuckerberg's, Jeff Bezo's, Biden's, Jen Glantz, Pete Buttigieg, Jeffrey Cane, Hallam Bullock Organizations: Costco, Tory, Tory Burch Foundation, Bank of America, Bloomberg, Goldman, Solomon, BofA, Getty, Finance bros, Transportation, Starbucks, LinkedIn Locations: NYC, BofA, BlackRock, New York, London

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

☆ Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift
▼ + stars: | 2023-02-15 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

Goldman cachetExecutives had believed consumers would covet a card from Goldman Sachs. The concept of a Goldman card first surfaced in Oct. 2021 when an analyst asked Solomon about his consumer product roadmap. One idea was to use the card technology created to service Apple Card customers for its own card, he said. It didn't help that its existing card products caught the attention of regulators including the Consumer Financial Protection Bureau. "The idea of a consumer-facing proprietary Goldman Sachs credit card was discussed but never became a meaningful part of our strategy," said a spokesman for the New York-based bank.

☆ Some Goldman Sachs partners want to tell the board about their concerns over CEO David Solomon
▼ + stars: | 2023-02-08 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

A decline in morale at the Wall Street firm concerns some Goldman partners. Here are their concerns about CEO David Solomon, who addressed the partners in Miami. CEO David Solomon addressed Goldman Sachs' partners today at the firm's annual partners meeting in Miami. There's little history for Goldman partners taking their concerns directly to the board. Since then, according to someone who has spoken to investors, more shareholders have questioned how long Solomon can last as Goldman's CEO.

☆ Goldman Sachs cut CEO David Solomon's pay by 30% in 2022. He made only $25 million.
▼ + stars: | 2023-01-27 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Goldman Sachs CEO David Solomon took a salary cut in 2022, making just $25 million in compensation. Solomon's annual base salary is $2 million, and he made $23 million in annual variable compensation. Solomon's annual base salary is $2 million, which remains unchanged year-over-year, and he made $23 million in annual variable compensation last year, according to a Securities and Exchange Commission filing. Among some of his notable peers, Solomon's salary for 2022 is the lowest. JPMorgan CEO Jamie Dimon kept his $34.5 million salary, while Morgan Stanley CEO James Gorman took home $31.5 million, a 10% drop from the previous year.

☆ Republican candidate arrested in shootings of Democrats' homes in New Mexico
▼ + stars: | 2023-01-17 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Jan 16 (Reuters) - An unsuccessful Republican state House candidate in New Mexico was arrested on Monday and accused of orchestrating recent shootings at four local elected officials' homes, the Albuquerque Police Department said. Police said on Monday they had arrested Solomon Pena, 39, and accused him of conspiring with, and paying, four other men to shoot at the homes of two county commissioners and two state legislators, all Democrats. Pena lost his election for the state House in November to an incumbent Democrat who garnered more than 73% of the votes. Police said at a press conference Pena had denied his election loss and had approached the commissioners and lawmakers at their homes, claiming election fraud was involved. On Jan. 3, three bullets fired into a state representative's home had gone through her 10-year-old daughter's bedroom, the paper reported.

☆ A failed GOP candidate masterminded shootings at 4 Democratic officials' homes, Albuquerque police say
▼ + stars: | 2023-01-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Albuquerque police accused a failed GOP candidate of masterminding shootings at 4 Democrats' houses. Police arrested Solomon Pena, who lost a US House race to a Democratic rival last year. The head of the Albuquerque Police Department, Harold Medina, said during a press conference on Monday that police believe that Solomon Pena, 39, was behind all four shootings. At the Monday press conference, police said that five people were involved in the shootings, but did not clarify their alleged roles. Albuquerque Mayor Tim Keller said at the press conference that the police investigation had "basically confirmed" that the shootings were politically motivated.

☆ 'MAGA King' candidate accused of plotting shootings of Democrats' homes went to their houses and was 'erratic' and 'aggressive' after he lost his election
▼ + stars: | 2023-01-17 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

The New Mexico GOP candidate accused of plotting shootings of Democrats' homes was "aggressive" and "erratic." One official told NBC News that Pena appeared at his house after the election and spouted election conspiracies. Bernalillo County Commissioner Adriann Barboa told NBC News that Peña showed up at her house right after the November election. O'Malley told NBC that he did not threaten her at the time but she quickly called the police after he came by. New Mexico police accused Peña of hiring four men to carry out the shootings; he may have also personally shot at one of the houses himself.

☆ Elon Musk used Tourette's syndrome as an insult. As someone who lives with it everyday, I don't find it funny.
▼ + stars: | 2023-01-15 | by ( Tara Lerman | ) www.businessinsider.com time to read: +5 min

Elon Musk once took to Twitter to tell a former employee she had a "tragic case of Tourette's." Tourette's syndrome is a condition of the nervous system that causes people to have tics — sudden twitches, movements, or sounds that they make repeatedly. Tourette's syndrome is more than swearingI often try to suppress my tics in public spaces or unfamiliar settings to avoid judgement from strangers. My Tourette's syndrome allows me to exhibit empathy at work, because I understand that while people may seem fine on the outside, they're likely navigating their own challenges. So, no, Elon Musk, Tourette's syndrome is not a joke — and it's too complex to fit into the confines of a 280-character tweet.

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