DIRS.INFO The most relevant business & tech news

☆ ‘Wheatfield’: Agnes Denes has reimagined her landmark artwork
▼ + stars: | 2024-06-17 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +10 min

Out west, Denes hopes to plant seeds of community with the help of the project’s host, Tinworks, an arts organization in the rapidly developing city of Bozeman. “Wheat is wonderful — it sustains humanity and is probably the most planted food next to rice. Jenny Moore/TinworksSome 200 packets of wheat were also distributed among Bozeman residents to grow concurrently with Denes' field. “Can you imagine if I could have realized 20 or 30?”Sowing seeds for changeAs with “Wheatfield,” seeds have often served as potent symbols for Denes. Courtesy Agnes Denes/Leslie Tonkonow Artworks + ProjectsWith “Wheatfield – An Inspiration,” like with all her work, Denes strives for nuance and to engender change through visitors and participants who take something meaningful from the work.

Persons: Agnes Denes, —, CNN —, Denes, Bozeman . Wheat, ” Denes, ”, Blair, Jenny Moore, Tinworks, Kenny Van Dyke, “, ” Moore, Agnes, Moore, I’d, it’s, Leslie Tonkonow, … Organizations: CNN, Art Basel, Bozeman ., Bozeman, Tinworks, Montana, “ Locations: Lower Manhattan, Montana, Wheatfield, Budapest, New York, Battery Park City, Milan, Switzerland, Bozeman, Montana State, Ylojarvi, Finland, ”, Sullivan County , New York, Lewiston, Niagara, Long Island , New York, Kassel, Germany, Istanbul, Egypt, Queens , New York, “ Wheatfield

☆ A provocative new work from the artist behind that duct taped banana tackles gun violence in America
▼ + stars: | 2024-05-03 | by ( Gareth Harris | ) edition.cnn.com time to read: +2 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — The Italian artist and provocateur Maurizio Cattelan shines a light on gun violence and the divisions in US society in a new installation at Gagosian in New York City. “We live in a world where the rich are getting richer and the poor are becoming poorer,” Cattelan told The Art Newspaper. America was about wealth, and this new work is about violence and wealth,” he added. Read more stories from The Art Newspaper here.

Persons: —, provocateur Maurizio Cattelan, “, ” Cattelan, Solomon, Gagosian, Francesco Bonami, Maurizio Cattelan's, Kevin Frayer, ”, Read Organizations: The Art, CNN, Art, Guggenheim Museum, Gagosian, UCCA, Contemporary Art, Art Basel Locations: New York City, Brooklyn, Europe, ‘ America, United States, America, Beijing, China, Miami Beach

☆ Why the Miami Grand Prix is the most distinctive race in Formula 1
▼ + stars: | 2024-05-01 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +7 min

The Miami Grand Prix, a unique spectacle in Formula 1, is heading into its third year. Heading into its third year, Formula 1's Miami Grand Prix has made a name for itself as a unique spectacle in the sport. But the logistics' massive scope is just one aspect that sets the Miami Grand Prix apart. The marina at the F1 Miami Grand Prix in 2022. Local flavorThe Miami Grand Prix aims to capture the city's flair.

Persons: —, Todd Boyan, Boyan, Tyler, Ricardo Arduengo, Guenther Steiner, Steiner, Mark PETERSON, Haas, We've, It'll Organizations: Miami Grand Prix, Service, Miami, Hard, Miami Dolphins —, Miami Dolphins, Miami Open, Prix, Tyler Epp, Miami Grand, Epp, . Miami, Monaco, Logistics, Haas, Netflix, Miami . F1 Academy, F1 Academy, Beach Club, cabanas, Art, Paddock Club Locations: Jeddah, Saudi Arabia, Miami, South Beach, Art Basel

☆ Faith Ringgold obit: ‘Tar beach’ author and Black quilt artist dies at 93
▼ + stars: | 2024-04-14 | by ( Yahya Salem | ) edition.cnn.com time to read: +6 min

Faith Ringgold, pictured in her studio in New York City in 1999. Anthony Barboza/Getty Images(CNN) — Faith Ringgold, the pioneering artist and author best known for her narrative quilts that interwove art with activism, has died at 93. After earning her bachelor’s degree in fine art and education in 1955, Ringgold began teaching art in public schools while developing her own art. Her early work was influenced by civil and racial unrest, and had patent and profound political and social tones. The painting, arguably the series’ most famous, gorily depicts a group of men, women and children brutally attacking one another.

Persons: Faith Ringgold, Anthony Barboza, Faith, ”, Dorian Bergen, “, Ringgold, Ringgold’s adamancy, Jacquelyn Martin, Madame Willi Posey, ” Ringgold, Leila Macor, Connie’s Organizations: New York Times, ACA Galleries, Ringgold, CNN, Harlem, City College of New, City College, Civil, Museum, Modern, Museum of Modern Art, National Museum of Women, Arts, Washington , D.C, New Museum, American, de Young Museum, Museum of Contemporary Art, Basel, Getty Locations: New York City, New Jersey, Harlem, America, African American, Washington ,, Vietnam, Paris, London, New York, San Francisco, Museum of Contemporary Art Chicago, Miami Beach , Florida, AFP

☆ One of the oldest hotels in Hong Kong is the definition of luxury. 13 photos offer a glimpse inside Art Basel's hotel partner, The Peninsula.
▼ + stars: | 2024-04-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +2 min

The Peninsula Hotel in Hong Kong, an iconic property that opened in 1928, offers a luxury experience. Steps away from the glistening Victoria Harbour sits the Peninsula Hotel. The flagship hotel in the Peninsula Hotels group, which boasts properties worldwide, opened in December 1928, making it one of the oldest hotels in Hong Kong. The iconic hotel, one of the official hotel partners of Art Basel Hong Kong, sponsored by the global lead partner UBS, is nestled right on the Kowloon Peninsula in Tsim Sha Tsui. Thanks to their Art in Resonance program, it's also home to four memorable art pieces featuring "emerging and mid-career" artists.

Persons: —, Chanel, Harry Winston, it's, Bon Jovi, Tom Cruise Organizations: Service, Hotels, Art Basel, UBS Locations: Hong Kong, Art Basel Hong Kong, Tsim Sha Tsui

☆ The best street style we spotted at Art Basel Hong Kong 2024
▼ + stars: | 2024-04-03 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +1 min

Fashion's elite, including Maison Margiela's Stefano Rosso, attended Art Basel in Hong Kong last month. BI was in Hong Kong to admire art, but also the city's innovative fashion sense. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. Fashion and art are inextricably linked — evident at this year's Art Basel in Hong Kong. The art fair, sponsored by UBS, attracted more than 240 galleries from around the world to descend on the Hong Kong Convention and Exhibition Centre last month.

Persons: Maison Margiela's Stefano Rosso, —, Art Basel Organizations: Art Basel, BI, Service, Art, UBS, Hong Kong Convention, Exhibition, Harbour Locations: Hong Kong, Basel, Art Basel, Hong

☆ Here's how I prepared for my 15-hour long-haul flight to Hong Kong
▼ + stars: | 2024-03-30 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Before I share how I survived my 15-hour flight, I have to let you in on my personal Q2 challenge: I'm determined to eat less ultra-processed foods. Now the city has reimagined itself as a tourist destination, with a waterpark, an artificial beach, and a golf course. According to one estimate, Americans actually have about four to six hours of leisure time every day. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.

Persons: —, you'll, Let's, Greta Gerwig's, Barbie, Jenny Chang, Rodriguez, Marielle, Marielle Descalsota, Daniel Chaney, Alexa Campbell, Henry Ammann, Alyssa Powell, Beyoncé, Carter, Buckle, Tanner Adell, who's, Javier Zayas, there's, Tyler Le, Ewan McGregor's, Lisa Frankenstein, Zelda Williams, Robin Williams, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Canberra Airport, Getty, Art Basel, BI, Visa, Mastercard —, Mastercard Forest City, Paramount, Netflix Locations: Hong Kong, Australia, Johor, Malaysia's Forest, Forest City, Texas, Moscow, New York

☆ Art Basel Hong Kong: Collectors return to Asia’s biggest art fair despite cooling market
▼ + stars: | 2024-03-29 | by ( Stephy Chung | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —Picture Vladimir Putin, Angela Merkel and George W. Bush as 7-year-olds. Noemi Cassanelli/CNNAsia’s largest art fair, which concludes Saturday, has returned to “pre-pandemic scale,” as organizers put it. Hong Kong artist Mak2's installation in the fair's "Encounters" section. A colorful booth by Dvir Gallery, based in Paris, Tel Aviv and Brussels, which participated in the Hong Kong fair for the first time. So while Art Basel is a “very international platform,” Chan said, it still provides the chance to showcase homegrown talent.

Persons: Vladimir Putin, Angela Merkel, George W, Bush, Lí, Noemi Cassanelli, Hong, Hong Kong’s, ”, William Leung, fairgoer, “, Ivy Haldeman, François Ghebaly, It’s, it’s, “ It’s, Victoria Miro, Wirth, Mark Bradford, Philip Guston, Ed Clark, ” Keith Tsuji, Willem de Kooning’s, Kooning, Fuyuhiko Takata, Yoko Ono’s, Takata, Fuyuhiko, Louise Delmotte, I’m, ” Takata, fairgoers, Jaume Plensa, Mary Sabbatino, Sabbatino, Mak2, Teppei, Maho Kubota, Alexie, Kantor, Trevor Yeung, Stephen Wong, people’s, Hilda Chan, London’s, ” Chan Organizations: Hong Kong CNN, Art Basel, CNN, “, Hauser, Hauser & Wirth, Galerie Lelong, The, Hong, Dvir, Hong Kong, CNN Hong, London’s Tate Locations: Hong Kong, Beijing, Hong Kong ., China, New York, Art Basel Hong Kong, Los Angeles, Asia, American, Spanish, York, Paris, Australian, Paris , Tel Aviv, Brussels, Hong

☆ The U.S. is the top country for millionaires and billionaires
▼ + stars: | 2024-03-22 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

The U.S. has rapidly overwhelmed China as the world's top spot for millionaires and billionaires, according a new report. Over the past five years, the population of millionaires in the U.S. has grown 35%, nearly twice as fast as China's. The U.S. is now home to 37% of the world's millionaires, up from 35% in 2018. A net 13,500 Chinese millionaires left China in 2023, marking a new record. Luxury sales in the U.S. last year totaled $80 billion, to China’s $52 billion, Bain found.

Persons: Robert Frank, Dominic Volek, Henley, Bain, Volek Organizations: Henley & Partners, Henley, U.S, UBS, Art Basel, Bain, Luxury Locations: U.S, China, Asia, Europe

☆ Artist Uman creates kaleidoscopic worlds on canvas
▼ + stars: | 2024-02-18 | by ( Suyin Haynes | ) edition.cnn.com time to read: +5 min

“I’m more of a fan of the destination,” the artist said, smiling behind sunglasses on a cloudy afternoon in London. Uman Joe PerezIt’s her studio — “my fortress,” as she calls it — where she feels most at home, happiest and freest. This sense of freedom is conveyed in Uman’s latest work, currently on display at Hauser & Wirth gallery in London. Uman Courtesy the artist/Hauser & Wirth/Nicola Vassell GalleryIn a way, each work in the show also extends beyond its own canvas, as Uman worked on several artworks simultaneously during the second half of 2023. “The mirrors came from nostalgia,” says Uman, who recalls growing up celebrating Eid wearing garments embellished with circular mirrors.

Persons: she’s, “, ”, Uman Joe Perez It’s, Hauser, Nicola Vassell, I’m, I’ve Organizations: CNN, Uman, Hauser & Wirth, Wirth, “, Art Basel Miami, Aldrich Contemporary Art Museum Locations: Uman, London, Somalia, Somali, Denmark, New York City, ”, New York, Kenya, ” Uman, Connecticut, Nairobi

☆ More than 100 years since the Black Wall Street massacre, Tulsa is creating a haven for entrepreneurs
▼ + stars: | 2024-02-16 | by ( Alex Harring | ) www.cnbc.com time to read: +10 min

Overlaid on that picture is the company name, Grier Shoe Shop, and its address — which is part of an area known as Black Wall Street. With these ventures, she's part of a growing class of Black entrepreneurs tapping into Tulsa's history for inspiration and resources for support. He also won a grant from a Black Wall Street organization. The Black Wall Street Mural in the Greenwood district of Tulsa, Oklahoma, on Friday, June 19, 2020. Greenwood, known as Black Wall Street, was one of the most prosperous African-American enclaves in the U.S. before it was burned down by a white mob in 1921.

Persons: Venita Cooper, Parnia Mazhar, Grier, Silhouette, They've, Cooper, Dominick Ard'is, George Floyd, Ashli Sims, she's, Sims, North Martin Luther King, Edna Martinson, It's, Martinson, LaTanya White, he's, Adesanya, Grant Warner, James Lowry, Lowry, who's, Greenwood, Christopher Creese Organizations: Silhouette, NBC News, Tulsa, Build, Art, NBC, North Martin Luther King Jr, Ku Klux, House, Art Basel, Southwest, Black, Stanford, National Bureau of Economic Research, Creative, CNBC, Harvard Business School, Center for Black Entrepreneurship, Black Economic Alliance Foundation, Boston Consulting, Bloomberg, Getty Locations: Greenwood, Tulsa , Oklahoma, TULSA, Tulsa, North, Miami, South, Austin, U.S, PalmPlug, Seattle, America

☆ The super-rich are buying more ultra-customized Rolls-Royces and Lamborghinis
▼ + stars: | 2024-02-03 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +10 min

Lamborghini sold more than 10,000 vehicles last year for the first time ever and Ferrari had a more than 17% increase in revenue. But customers purchasing Lamborghinis, Rolls-Royces and Bentleys have an even wider array of infinitely customizable paint colors and interior materials, to start with, than carmakers offer for less expensive brands. If the customer has a favorite shirt, for example, the car paint could be matched to the fabric color. At Dixon’s Rolls-Royce dealership three quarters of the roughly 90 cars sold each year include some degree of custom options, she said. While she and Rolls-Royce’s design team can provide guidance, in the end, the choices have to be the customer’s.

Persons: Royce, Ferrari, Lamborghini, Bentley, ”, Stephan Winkelmann, Lewis Hamilton, Altrata, Royce Cullinan, Javier Gonzalez Lastra, “, ” Gonzalez Lastra, Pietro Frigerio, Kellyn Dixon, Dixon, Bugatti Chiron, Bugatti, Chiron, Lamborghini’s Winkelmann Organizations: California CNN, Lamborghini, Ferrari, Bentley, Royce, CNN, Ferrari’s, Tema, Volkswagen, Ford, Art Basel Miami Beach, Rolls Royce, Bugatti, Bugatti Bugatti Locations: Irvine, California, Newport Beach , California, Irvine , California, Goodwood

☆ Asia's young and wealthy are fueling demand for art — what are they collecting?
▼ + stars: | 2024-01-08 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +2 min

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist's first known nude, at the Christie's auction house in Paris on May 18, 2022. Wealthy, young collectors in Asia have been fueling demand for art — particularly via online channels — and have emerged as a key clientele for international auction houses. A report from the auction house showed a 65% increase in new Gen Z buyers in 2023. Sotheby's 2023 report stated that bidding activity of younger collectors grew to 30% in the first half of 2023 from 6% in 2018. Millennials and Gen X — aged 44 to 59 — are classified as "younger collectors" by the auction house.

Persons: Victoire, Michelangelo, Gen Zers, Christie's, Phillips, millennials, Millennials, X — Organizations: Art Basel, UBS Survey, CNBC Locations: Paris, Asia, Mainland China, Hong Kong, Singapore, Christie's Hong Kong, China, Taiwan, Asia Pacific, Americas, Europe, millennials, South Korea

☆ The Art Basel party circuit is kicking off in Miami. Here are 6 must-attend events for the Wall Street set.
▼ + stars: | 2023-12-05 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

High-brow art and millionaires tend to go hand in hand, so Art Week also means some of the world's wealthiest come out to play. Ciara attends the NYLON Presents NYLON House At Miami Art Week 2022 at Strawberry Moon at Goodtime Hotel on December 02, 2022 in Miami Beach, Florida. Regardless of the events you attend, Art Basel week is a great time to mingle and do business, explained Jasmina Midzic, Typhon's director of Investor Relations. Desperate ApeWives perform at #0XGenesis presented by Marshland, Magnus and FloodFM.com at Maps Backlot during Art Basel Miami on December 01, 2021 in Miami, Florida. Erika Goldring / Getty ImagesHere are 6 Art Basel parties the Wall Street elite and wannabes alike are vying to attend.

Persons: —, There's, galas —, Ciara, Arturo Holmes, Kim Kardashian, Serena Williams, James Koutoulas, Koutoulas, Miami's, Jasmina Midzic, she'll, who've, Magnus, FloodFM.com, Erika Goldring, It's, Midzic, Alessandra Ambrosio, Alexander Tamargo, Andreas Metaxa, Metaxa, I've, Guy Gerber, Blondish, Bella Thorne, e.l.f, Mona Lisa, Rampa, Desiree, Talon, Luciano Scalioni, — Bryan Goldberg Organizations: Miami Art, Wall, Magic City, Art, Business, Strawberry, JPMorgan, UBS, Capital Management, Investor Relations, Art Basel Miami, Art Basel, Wall Street, Fund, Party, Miami, Flex, Waterfront, Digital Locations: Miami —, Art Basel, Miami Beach , Florida, Miami, Basel, Miami , Florida, South Beach, Miami Beach, Midzic, SoHo, New York, Saxony

During Art Basel Miami next month, St. Fleur said that he intended to visit the art fairs with former N.B.A. players like Deron Williams, Courtney Lee and Amar’e Stoudemire, and that he was arranging a private dinner for some of his athlete clients at a collector’s home on Star Island. There are other signs that the influence of athletes who collect art has been growing in recent years. He served on the board of advisers of the Hammer Museum in Los Angeles and now serves on the board of the Hirshhorn in Washington. “I wanted to think outside the box and give our players #athletes an opportunity to engage with ART done by African American Artists and respond to the cultural richness of these artists, as well as draw their own interpretation of the works.”

Persons: Kevin Love, Cindy Sherman, Cy Twombly, Ernie Barnes, Fleur, Deron Williams, Courtney Lee, Amar’e Stoudemire, Keith Rivers, Kerry James Marshall, Sonia Gomes, Thaddeus Mosley, Elliot Perry, “, ” Organizations: Miami Heat, Art Basel Miami, Star, Art Foundation, Hammer Museum, Hirshhorn, Memphis Grizzlies, American Artists Locations: New York, Manhattan, Los Angeles, Washington

☆ Mark Rothko at Full Scale, and in Half Light
▼ + stars: | 2023-10-25 | by ( Jason Farago | More About Jason Farago | ) www.nytimes.com time to read: +1 min

Melt the world away, lose its details, dissolve its borders; it doesn’t sound like such an unwelcome prospect right now. The most substantial Mark Rothko retrospective in a generation has opened at the Fondation Louis Vuitton, and it is a show of monumental dispersion: a pull-out-all-the-stops blockbuster where life passes into vapor. From 1949, when his early figurative pictures finally liquefied into stains of translucent color, Rothko painted with no allusions, no particulars. A lot of people find his large paintings consoling, or seek the Romantic sublime in the depths of his reds and violets. “Behind the color lies the cataclysm,” he said in 1959 — a citation that rarely makes the auction preview catalogs.

Persons: Rothko, Fondation Louis Vuitton, ”, it’s, Frank Gehry Organizations: Fondation, Art Basel, National Gallery of Art, Whitney, Fondation Vuitton, Boulogne Locations: Paris, Washington, New York, Bois

☆ I made $124,000 last year answering people's questions about their antiques. Here's how I turned my passion into a remote job that gave me financial freedom.
▼ + stars: | 2023-09-22 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I moved to New York, where I landed a job with a fine-art gallery and auction house. I left the art scene in New York and worried how I'd be able to make a living from art and antiques there. For a while, I sold antiques I'd bought on eBay and Etsy and did freelance work for clients in New York. I wanted to work in antiques remotelyI wanted to be able to work from home helping people around the world identify the value of art, antiques, and collectibles. This job gave me financial freedom, and I was able to buy a houseI was especially busy during the COVID-19 pandemic.

Persons: Nora Curl, Rookwood, Nelson Shanks, Ronald Reagan, Bill Clinton, I'd, — there's, I'm, There's, I've, Samuel Clemens, Samual Clemens, Mark Twain Organizations: Art, Art Basel, eBay, Mayflower Locations: Pennsylvania, Los Angeles, New York, London, Miami, Christie's, England, JustAnswer

☆ This Artist’s Next Project Has Her ‘Terrified.’ That’s the Point.
▼ + stars: | 2023-09-07 | by ( Zachary Small | More About Zachary Small | ) www.nytimes.com time to read: +1 min

Jade Kuriki-Olivo’s guided tour through her apartment on the Lower East Side ended in the bedroom, where the performance artist spends most of her time. Tropical vines crawled along the walls and into a giant lantern hanging opposite a tapestry of green synthetic fur. She burned incense and described her room above a busy Greek restaurant as a sanctuary. “I’m terrified,” Kuriki-Olivo said, “but I really can’t watch the trans community suffer and not make work about that. She withdrew from a series of exhibitions for her safety, passing the opportunities onto other artists.

Persons: Jade Kuriki, Olivo’s, “ I’m, ”, Olivo Organizations: New Museum, Art, Conservative Locations: Jan, Art Basel, Switzerland

In order to face either one head on, you must stand on a small, uneven platform of homemade adobe bricks. This is a message from the artist: He’s not interested in a seamless viewing experience. It recalls his contribution to the 2017 Whitney Biennial, where he created a room of adobe bricks. Here, a winding path of bricks connects life-size portraits of members of esparza’s largely queer community. The paintings are also on adobe, referencing his Mexican heritage and accentuating his subjects’ brown skin.

Persons: rafa esparza’s, He’s, JILLIAN STEINHAUER Organizations: Art Basel Miami Beach, Biennial Locations: Los Angeles, New York

☆ The Gatsby of Silicon Alley: Meet the 27-year-old Google employee who's throwing tech's hottest parties
▼ + stars: | 2023-07-25 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +12 min

Despite throwing events attended by thousands, Andrew Yeung has never made a cent off his parties. They've all gathered at the personal invitation of a 27-year-old Google product lead named Andrew Yeung. The terms of his visa stipulate that he can only derive income from his day job at Google. And there was nothing bigger in his father's mind than a tech job in the United States. It was the first Andrew Yeung party.

Persons: Andrew Yeung, techies, who's, Yeung, revelers, He's, hasn't, he's, Connor Roach, Benjamin Franklin, Yeung doesn't, Cliff Lerner, it's, Melissa Glazar, Lior Cole, I've, Cole, Glazar, Lerner, Keyser, didn't, Connor Roach Yeung, Monica, Sunny Yeung, Andrew, Sunny, he'd, Andrew doesn't, It's Organizations: Junto, Google, Cornell, CCP, Yeung's, Party, SXSW, The University of Toronto, Facebook, Art Basel, of Homeland Security Locations: Brooklyn, Belarusian, cabanas, Gowanus, New York, Austin, Miami, LA, phoniness, Silicon Valley, San Francisco, Hong Kong, United States, Central Park, Basel, Canada, Toronto

☆ One of the US's largest racial-justice organizations is slashing its budget and laying off staff after overspending on lavish perks
▼ + stars: | 2023-07-05 | by ( Sean Campbell | ) www.businessinsider.com time to read: +17 min

Color of Change recently announced significant cuts to its budget and staff. Color of Change dramatically increased its spending in 2020, and it continued burning through its cash even as revenue declined. Their post, published June 22, served as the first official communication to most staff members that budget and staff cuts were imminent. A week later, 49 staffers were laid off, according to staff and a list of eliminated positions reviewed by Insider. Medium/Color of Change board chairsIn a written statement, Color of Change also claimed Insider's reporting contained inaccuracies.

Persons: —, Jordan Neely, George Floyd, Airbnb, Rashad Robinson, Oprah, hasn't, we've, Andre Banks, Banks, Ben O'Keefe, O'Keefe, It's, Salaah Muhammad, Muhammad, Robinson, Heather McGhee's, Bryan Bedder, I've, Berlin Rosen, Ryan Senser, Rashad, Senser Organizations: Service, New York City, The Recording Academy, Forbes, Staff, Education, New York's Office, Labor, YouTube, Miami's Art, Fund, Fashion, NAACP, Fenton Communications, Berlin, Insider Locations: Hollywood, New York, Oakland , California, New York City, Washington, Miami's Art Basel, Minneapolis, Manhattan

Some billionaires rocketed into space as Branson and Amazon founder Jeff Bezos have. Other rich travelers journeyed on a submersible to explore the wreckage of the ocean liner Titanic. For $250,000 to $300,000 a trip, Kent sometimes fields unusual requests including helping a Saudi prince fulfill his dream of flying a plane onto and off of an aircraft carrier. The experience was so demanding that Ackman's father expressed concern about the intended trip, not for his son but for another fund manager who had signed up to go. One person familiar with that excursion said it probably wouldn't happen again, in part because it was such a potentially risky undertaking.

Persons: Eric Gaillard, Richard Branson, Branson, Jeff Bezos, ”, Alexandre Cymbalista, Geoffrey Kent, Kent, Goldman Sachs, Monica Heslington, Goldman, Melissa Biggs Bradley, Massimo Bottura, Bill Ackman, Whitney Tilson, Tilson, Ackman, Svea Herbst, Bayliss, Tatiana Bautzer, Julia Harte, Nupur Anand, Paritosh Bansal, Anna Driver Organizations: REUTERS, Twitter, Virgin Galactic, Virgin Group, Amazon, Wall Street, Abercrombie, Kent, Credit Suisse, SPECIAL, Goldman, Art Basel, Rubell Museum, Bank of America, Indagare, Ferrari, Navy, Svea, Thomson Locations: Nice, France, New York City, Branson, safaris, Botswana, Kent, Saudi, Africa, Miami, Art Basel, Modena, Italian, Mongolia, California

☆ I work as a celebrity stylist and moved from Paris to Los Angeles. Now I dress stars like Cardi B and Lil Nas X.
▼ + stars: | 2023-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Lycia Lamini moved from Paris to Los Angeles to pursue her dream of being a celebrity stylist. Now the 22-year-old is dressing some of the biggest celebrities including Cardi B and Lil Nas X. I packed up and moved from Paris to Los Angeles almost a year ago to pursue my dream of becoming a celebrity stylist. I attended fashion week events, which opened doors for me. Lycia Lamini has styled celebrities including Cardi B, Lil Nas X and Burna Boy.

Persons: Lycia Lamini, Cardi, Lil Nas, —, Lycia, Kollin Carter, Karl Lagerfeld, Prada, Christian Dior, Lenny S, Jay Z's, I've, Joey Bada, Kali, they're Organizations: Service, Art Basel, Roc Nation, Paris Fashion Locations: Lycia, Paris, Los Angeles, LA, Miami

☆ Mixed Business at an Anxious Art Basel
▼ + stars: | 2023-06-16 | by ( Scott Reyburn | ) www.nytimes.com time to read: 1 min

After an underwhelming series of auctions in New York in May, dealers exhibiting at this year’s Art Basel fair in Switzerland — which opened to V.I.P.s on Tuesday and welcomes the general public from Friday onward — hoped to quell concerns about a dip in the art market. The 53rd annual edition of this bellwether Swiss event, featuring 284 international galleries specializing in 20th and 21st-century art, was the first under the watch of Art Basel’s new chief executive, Noah Horowitz. It is being held in a climate of geopolitical uncertainty, with high interest rates and inflation hampering consumer spending in many countries. “There’s quite a lot of anxiety around,” said Paul Gray, the director of Gray gallery, based in Chicago and New York. But in his 40-year experience, he added, the art market suffered from few major downturns.

Persons: —, Basel’s, Noah Horowitz, ”, Paul Gray, Gray Organizations: Basel Locations: New York, Switzerland, V.I.P.s, Chicago

☆ Art Basel draws surge in Asian collectors
▼ + stars: | 2023-06-15 | by ( Noele Illien | ) www.reuters.com time to read: +2 min

[1/4] People pose in front of the sculpture "Naughtynightcap" from 2008 by artist John Chamberlain at the Art Unlimited exhibition at the Art Basel art fair in Basel, Switzerland September 21, 2021. Noah Horowitz, who became Chief Executive of Art Basel in November said that an extraordinary amount of people from Asia have travelled to this year's flagship Art Basel fair. China's art market, the third largest in the world, had reported a steep decline in sales in 2022, with lockdowns stalling activity and cancelling art auctions and events, according to the 2023 UBS Global Art Market Report. "The art market compared to the financial market is completely different – it is very opaque, it is not transparent and there are limited sources of data," she said. Art Basel is open to the public until Sunday.

Persons: John Chamberlain, Arnd, Mark Rothko, Noah Horowitz, Joost Bosland, Stevenson, Bosland, Patricia Amberg, Noele Illien, Sandra Maler Organizations: Art, REUTERS, Art Basel, Basel, UBS Global Art, UBS, Thomson Locations: Art Basel, Basel, Switzerland, ZURICH, Swiss, Asia, South Africa, Netherlands, China

Search resuls for: "Art Basel"

25 mentions found