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☆ Tech trade looks 'thoroughly exhausted,' says Gilman Hill's Jenny Harrington
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech trade looks 'thoroughly exhausted,' says Gilman Hill's Jenny HarringtonStephanie Link, Joe Terranova, Jenny Harrington, and Katie Stockton join 'Halftime Report' to discuss Microsoft shares increasing after its earnings report, the outlook for tech earnings, and more.

Persons: Gilman, Jenny Harrington Stephanie Link, Joe Terranova, Jenny Harrington, Katie Stockton Organizations: Email Tech, Microsoft

IOWA CITY, Iowa (AP) — Dragan Kesich made four field goals and Minnesota won at Iowa for the first time since 1999 to snap an eight-game losing streak in the series, holding the No. 24 Hawkeyes to 12 yards in the second half in a 12-10 victory Saturday. Down 10-3 at the half, the Gophers (4-3, 2-2 Big Ten) held Iowa (6-2, 3-2) to minus-2 yards in the third quarter. BIG PICTUREMinnesota: The Gophers, coming off an week, found enough points against the Hawkeyes, wearing them down in the second half while taking advantage of Iowa’s offensive ineptitude. Iowa: The Hawkeyes’ offensive problems haven’t shown signs of improving, and a defense that was wearing down in the second half couldn’t find a way to stop the Gophers.

Persons: — Dragan Kesich, Floyd, Cooper DeJean, DeJean, Justin Walley, Deacon Hill's, Kesich, Athan Kaliakmanis Organizations: IOWA CITY, Minnesota, Iowa, Hawkeyes, Gophers, Michigan State, Purdue, Gophers . Iowa, Big, Northwestern, AP Locations: IOWA CITY , Iowa, Rosedale, Iowa, Minnesota, Wisconsin, Gophers ., . Iowa

☆ Nvidia has more room to grow despite increasing competition, says Sand Hill's Brenda Vingiello
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia has more room to grow despite increasing competition, says Sand Hill's Brenda VingielloBrenda Vingiello, Joe Terranova, Amy Raskin, and Jim Lebenthal join 'Halftime Report' to discuss Nvidia shares sinking off the news of new US chip export controls, competition growing in the semiconductor space, the impact export controls will have on semiconductor earnings.

Persons: Sand, Brenda Vingiello Brenda Vingiello, Joe Terranova, Amy Raskin, Jim Lebenthal Organizations: Nvidia

☆ Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more
▼ + stars: | 2023-10-16 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Pfizer , Moderna , BioNTech — Shares of Pfizer dropped 1.3% after the company slashed its full-year revenue guidance by $9 billion, noting waning demand for its Covid treatment and vaccine. Following the guidance cut, Jefferies upgraded Pfizer on Monday, citing an attractive buying opportunity. Vaccine markers Moderna and BioNTech also dropped premarket, losing 4.1% and 5%, respectively. Colgate-Palmolive — The consumer products stock gained more than 1% in premarket trading after Stifel upgraded Colgate-Palmolive to buy from hold. The firm cited the stock's attractive valuation and the rapid and profitable growth of TAL's non-academic tutoring business as catalysts.

Persons: Jefferies, BioNTech, premarket, Morgan Stanley, Jim Ratcliffe, Jeffrey Stein, Dow, Charles Schwab, CNBC's Hakyung Kim, Jesse Pound, Tanaya Macheel, Michelle Fox Theobald, Lisa Han Organizations: Pfizer, Moderna, BioNTech, Colgate, Palmolive, Manchester United, Wall Street, . Rite, Dow Jones, Activision, Microsoft, TAL Education Group, UBS Locations: New Jersey

☆ Stifel upgrades Colgate-Palmolive, sees 14% upside driven by strong Hill's pet food sales
▼ + stars: | 2023-10-16 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Colgate-Palmolive has more upside ahead than downside, according to Stifel. Still, the new forecast implies roughly 14% upside from Friday's $70.95 close. Colgate-Palmolive stock has slipped nearly 10% since the start of the year. CL YTD mountain Colgate-Palmolive stock. Stifel also expects year-over-year market share improvement in Colgate toothpaste, "which began in 1Q22 following years of share underperformance, to continue," Astrachan said.

Persons: Mark Astrachan, Stifel, Astrachan, Morgan Stanley, Morgan, — CNBC's Michael Bloom Organizations: Colgate, Palmolive Locations: 2Q23, 3Q23, 1Q22

Slingsby steered the Flying Roo foiling catamaran to finishes of 5-2-1 to take a one-point lead over Nicolai Sehested’s ROCKWOOL Denmark, with Spain's Diego Botin six points back in third. Britain's Sir Ben Ainslie had a rough start in his pursuit of a third straight regatta victory, going 8-10-6 to settle into ninth in the 10-boat fleet. Political Cartoons View All 1211 ImagesThe Aussies came into the regatta with a six-point lead over Ainslie and Botin in the season standings despite not having won yet this season. "Although we have been consistent and sailed well, we haven’t managed to get a win this season. She was the first woman to win a SailGP regatta when the Aussies were victorious in Cádiz in 2021.

Persons: Tom Slingsby, Cádiz, Slingsby, Nicolai Sehested’s ROCKWOOL, Spain's Diego Botin, Botin, Sir Ben Ainslie, Peter Burling, Jimmy Spithill's, Taylor Canfield, Hans Henken, it’s, Ainslie, Larry Ellison's, “ It’s, ” Slingsby, haven’t, I’ve, Nina Curtis, “, ”, Curtis, Dylan, Burling, Bernie Wilson Organizations: Team Australia, Team New Zealand, USA, America's, Program, Aussie, Kiwis, Saint, Twitter Locations: Spain, Nicolai Sehested’s ROCKWOOL Denmark, Los Angeles, Botin, San Francisco, Cádiz, Australia, Taranto, Italy

☆ Golden Knights beat Kraken to open Cup defense
▼ + stars: | 2023-10-11 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/16] Oct 10, 2023; Las Vegas, Nevada, USA; Vegas Golden Knights defenseman Shea Theodore (27) arrives before the start of a game between the Golden Knights and the Seattle Kraken at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports Acquire Licensing RightsOctober 11 - Adin Hill stopped 32 of 33 shots and Chandler Stephenson had a goal and an assist as the Vegas Golden Knights opened defense of their Stanley Cup title with a 4-1 victory over the Seattle Kraken on Tuesday night in Las Vegas. Jared McCann scored for Seattle, which is opening the season with a three-game road trip that continues on Thursday at Nashville. But the Kraken were unable to capitalize on the ensuing five-minute power play with Hill turning away six shots. Eichel then sealed the win for the Golden Knights with an empty-net goal with 1:15 remaining.

Persons: Shea Theodore, Stephen R, Adin Hill, Chandler Stephenson, Jonathan Marchessault, Ivan Barbashev, Jack Eichel, Mark Stone, Jared McCann, Philipp Grubauer, Stephenson, Brett, Brandon Tanev, Conn Smythe, Barbashev, Brayden McNabb, McCann, Jordan Eberle, Howden, Hill, Eichel Organizations: Vegas Golden Knights, Golden Knights, Seattle, Mobile, Vegas, Nashville, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas

☆ US travelers describe chaotic scenes inside Israel's 'completely mobbed' Ben Gurion airport amid war with Gaza
▼ + stars: | 2023-10-10 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +5 min

Over 40 airlines have canceled flights in and out of Israel amid the ongoing war. AdvertisementAdvertisementTravelers at Israel's Ben Gurion airport attempting to get home amid escalating violence are facing a chaotic atmosphere with extensive delays, long lines, and canceled flights, several travelers told Insider. The ongoing war has thrown Israel's travel industry into chaosMore than 40 airlines have canceled flights to and from the country. A sign pointing to a bomb shelter inside Israel's Ben Gurion airport. Long lines inside Israel's Ben Gurion airport.

Persons: they've, —, Benjamin Netanyahu, Lia Hershkovitz, Israel's, Daniel Rosehill Muki Portnoy, Portnoy, Hannah Zucherman, Ben Gurion's, Zucherman, Daniel Rosehill's El, El Al Organizations: Travelers, Service, Hamas, Health Ministry, El Al, El, Turkish Airlines, Jerusalem, Airports Authority Locations: Israel, Israel's Ben Gurion, Gaza, Ben Gurion, New Jersey, Madrid, Iberia, San Francisco, Barcelona

[1/2] Chairman Anthony Thomson (L) and Vice Chairman Vernon Hill pose with a dog outside the first branch of Metro Bank in Holborn in central London July 29, 2010. Metro declined to comment on Tuesday. A Starling spokesperson said the lender was making inroads into the big banks' market dominance. Metro is not the only smaller bank to have faced problems. One option is for smaller banks to gain scale through mergers and acquisitions.

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Jaime Gilinski, Dorita, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Alexander Smith Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, Starling, Metro, Colombian

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Jaime Gilinski, Dorita, Gilinski, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Nelson Bocanegra, Alexander Smith, Jonathan Oatis Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Harvard, Forbes, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, BOGOTA, Starling, Colombian, Latin America, Metro, Bogota

☆ Q4 corporate earnings are projected to reflect growth, says Sand Hill's Brenda Vingiello
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQ4 corporate earnings are projected to reflect growth, says Sand Hill's Brenda VingielloJoe Terranova, Brenda Vingiello, Jason Snipe, and Steve Weiss join 'Halftime Report' to discuss markets closing the worst month of the year so far, the impact of bond and oil trades on equity markets, and expectations for Q4 corporate earnings.

Persons: Sand, Brenda Vingiello Joe Terranova, Brenda Vingiello, Jason Snipe, Steve Weiss

☆ Stock market undergoing long period of consolidation, says Gilman Hill's Jenny Harrington
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStock market undergoing long period of consolidation, says Gilman Hill's Jenny HarringtonJoe Terranova, Jenny Harrington, Jason Snipe, and Jim Lebenthal, join 'Halftime Report' to discuss S&P September data, durable goods numbers indicating a strong economy, and non-housing services inflation staying stubbornly high.

Persons: Gilman, Jenny Harrington Joe Terranova, Jenny Harrington, Jason Snipe, Jim Lebenthal Organizations: Email

SEATTLE (AP) — A Seattle police officer has been placed on administrative leave after Seattle Police Chief Adrian Diaz said Friday he listened to an audio recording including comments by the officer that led to the filing of a bias/hate complaint. “As I have said from the beginning of my tenure as Chief of Police, racist comments and behavior by department employees will not be tolerated,” Diaz's statement said. The statement comes after a story Friday in the The Stranger newspaper with audio of Seattle Police Officer Burton Hill calling his Asian American neighbor racist and sexists slurs during an argument in their suburban Seattle condominium complex in 2022. The commission wrote a letter to Diaz calling for the suspension of Officer Daniel Auderer, the vice president of the Seattle Police Officers Guild. Auderer is under investigation for comments he made that were captured by Auderer’s body camera during an investigation into the death of 23-year-old Jaahnavi Kandula.

Persons: Adrian Diaz, Burton Hill, Hill, Diaz, Daniel Auderer, Auderer, Kandula, Kevin, Diaz “, “, ” Diaz, Hill's, ” Organizations: SEATTLE, Seattle police, Seattle Police, Police, city's, Associated Press, Seattle’s Community Police Commission, King, Attorney’s, Community Police Locations: Seattle, India

A new box suddenly appears and there is Winfrey, holding Hill's novel in front of her. “I have an idea, why not choose it for Oprah's book club?” she says. Book!” Winfrey tells him, adding that the novel made her nostalgic for Chicago, where she used to film her talk show. OprahDaily.com, the online hub of Winfrey's book club, will include additional detail about Hill and his work. Her book club has been such a gift to readers, and includes some of my own literary idols.

Persons: Oprah Winfrey, Winfrey, Nathan Hill, Alfred A ., Hill, “, Abraham Verghese's “, Nix ”, she’d, ” Hill Organizations: Alfred A . Knopf, The Associated Press, Knopf, “ Wellness, 102nd, ”, Los Angeles Times Locations: Chicago

“Jann Wenner has been removed from the Board of Directors of the Rock & Roll Hall of Fame Foundation,” the hall said Saturday, a day after Wenner's comments were published in a New York Times interview. Wenner co-founded Rolling Stone in 1967 and served as its editor or editorial director until 2019. He also co-founded the Rock & Roll Hall of Fame, which was launched in 1987. Last year, Rolling Stone magazine published its 500 Greatest Albums of All Time and ranked Gaye's “What's Going On” No. ___This story has been updated to correct that Wenner was a co-founder of Rolling Stone magazine and not the founder.

Persons: — Jann Wenner, “ Jann Wenner, Wenner, Bob Dylan, Jerry Garcia, Mick Jagger, John Lennon, Bruce Springsteen, Pete Townshend, Bono, “, Grace Slick, Janis Joplin, Joni, Mitchell, ”, —, Stevie Wonder, Marvin Gaye, Curtis Mayfield, ” Wenner, Prince, Lauryn Hill's, Lauryn Hill ”, ___ Mark Kennedy Organizations: Stone, Roll Hall of Fame, Roll Hall of Fame Foundation, New York Times, Times, Rolling Stone

☆ Strong labor market provides medium-term support for asset prices, says Horizon Investments' Hill
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrong labor market provides medium-term support for asset prices, says Horizon Investments' HillZachary Hill, head of portfolio management at Horizon Investments, joins 'Squawk Box' to discuss what to expect from this week's economic data, Hill's expectations for rate cuts this year, and if the energy sector makes sense.

Persons: Zachary Hill Organizations: Horizon Investments

COLUMBIA, S.C. (AP) — Attorneys for convicted murder Alex Murdaugh want a new trial, accusing the court clerk of improperly influencing the jury. They're accusing the court clerk at his double murder trial of telling jurors not to trust him when he testified in his own defense. They say she also had private conversations with the jury foreperson, and pressured jurors to come to a quick verdict. The request filed by Murdaugh's lawyers on Tuesday also accuses Colleton County Clerk of Court Rebecca Hill of giving jury members business cards from reporters. Murdaugh's lawyers said Hill's conduct was so egregious, it tainted the entire trial.

Persons: Alex Murdaugh, They're, Rebecca Hill, ” “, Hill, ”, Jim Griffin, Dick Harpootlian, Murdaugh, Murdaugh's, Clifton Newman, “ I’m, “, Hill's Organizations: COLUMBIA, South, South Carolina Court of, Associated Press, Division Locations: Colleton, New York City, South Carolina, Hill, Carolina

☆ Sandhill's Brenda Vingiello names Salesforce, Google and Amazon as companies with further upside
▼ + stars: | 2023-09-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSandhill's Brenda Vingiello names Salesforce, Google and Amazon as companies with further upsideBrenda Vingiello, Sandhill Global Advisors, joins 'Closing Bell' to discuss the tech sector and trading day.

Persons: Brenda Vingiello Organizations: Google, Sandhill Global Advisors

☆ Dovish or hawkish? Gilman Hill's Jenny Harrington breaks down the two sides ahead of Jackson Hole
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDovish or hawkish? Gilman Hill's Jenny Harrington breaks down the two sides ahead of Jackson HoleJenny Harrington, Gilman Hill Asset Management CEO, joins 'The Exchange' to discuss the fed to compare the dovish and hawkish case for Powell's upcoming Jackson Hole speech, and which scenario is more positive for markets.

Persons: Gilman, Jenny Harrington, Jackson Organizations: Management

☆ Oceans absorb 90% of the heat from climate change — here's why record ocean temps are so harmful
▼ + stars: | 2023-08-16 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +22 min

"Over 90 percent of the excess energy on earth due to climate change is found in warmer oceans, some of it in surface oceans and some at depth." Put simply, the greenhouse gases serve to trap more heat, some of which is absorbed by the ocean," Kirtman told CNBC. In addition to the daily record on July 31, the monthly sea surface temperature for July was the hottest July on record, "by far," Copernicus said. CopernicusThese record sea surface temperatures arise from multiple factors, including the El Niño weather pattern, which is currently in effect. "These climate variations occur when sea surface temperature patterns of warming and cooling self-reinforce by changing patterns of winds and precipitation that deepen the sea surface temperature changes."

Persons: Baylor, Carlos E, Del Castillo, Castillo, Benjamin Kirtman, Kirtman, Copernicus, Gavin Schmidt, Kemper, Zeke Hausfather, Sarah Kapnick, Kapnick, Kempler, Hurricane Ian, Michael Lowry, Lowry, Rainer Froese, Daniel Pauly, Pauly, Vigfus, pollack, Sean Gallup, Lorenz Hauser, Hauser, Froese, Phanor Montoya, Javier, Carolyn Cole, Hans W, Paerl, Justin Sullivan, Christopher Gobler, Gobler, Gary Griggs, Kimberly McKenna, Angela Weiss, Griggs, it's, Judith Kildow, Kildow, It's Organizations: International, Baylor Fox, Kemper, Brown University, CNBC, Ecology Laboratory, NASA, University of Miami, NASA Goddard Institute for Space Studies, Fox, El, Oceanic Atmospheric Administration, heatwave, NOAA, Northern Hemisphere, Miami Herald, Tribune, Service, Getty, Helmholtz, Ocean Research, University of British Columbia's Institute, Fisheries, School of, Fishery Sciences, Restoration Foundation, Coral Restoration Foundation, Looe Key, Los Angeles Times, University of North, Chapel Hill's Institute of Marine Sciences, Berkeley Marina, San, Quality, Centers for Disease Control, Stony Brooke University's School of Marine, Atmospheric Sciences, University of California, Stockton University Coastal Research, Afp, Ocean Economics Locations: Florida, El, Pacific, Berkeley, Fort Myers, Hurricane, Germany, New York, Nova Scotia, Hofn, Hornafjordur, Iceland, Seattle, Alaska, Looe, University of North Carolina, San Francisco Bay, Berkeley , California, San Francisco, Europe, Santa Cruz, Atlantic City , New Jersey, Atlantic City, Antarctica, Greenland

☆ Amazon's operating margins were three times better than expected, says Sand Hill's Brenda Vingiello
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's operating margins were three times better than expected, says Sand Hill's Brenda VingielloShannon Saccocia, Jim Lebenthal, Brenda Vingiello, and Steve Weiss join 'Halftime Report' to discuss earnings for Apple and Amazon, the market response to mega cap tech earnings, and the economic impact of the Fed staying higher for longer.

Persons: Sand, Brenda Vingiello Shannon Saccocia, Jim Lebenthal, Brenda Vingiello, Steve Weiss Organizations: Apple

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Home and kitchen product maker Tupperware Brands Corp's stock rose more than 32%, after sky-rocketing by more than 575% over the past seven sessions despite no material changes to the company's health. The original meme stock rallies, most famously, involved retailer GameStop and movie theater chain AMC Entertainment. Market orders from retail traders made up 17.6% of total market flows on July 31, up from a near six-month low of 14.8% on July 20, according to J.P. Morgan data. Roundhill's Meme index (.MEME) had hit a more than one-year high on Monday.

Persons: Brendan McDermid, Tupperware, JJ Kinahan, Kinahan, Nikola Corp, Morgan, Dan Raju, Raju, Medha Singh, Devika Syamnath, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Tupperware Brands Corp, Apollo Global Management, Tupperware, Revlon, Hertz Corp, IG North America, GameStop, AMC Entertainment, Corp, Nikola, Tesla, Thomson Locations: New York City, U.S, Bengaluru, Chibuike, New York

REUTERS/Dado Ruvic/Illustration/File PhotoJuly 24 (Reuters) - Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns. Roundhill's Meme index (.MEME) hit a one-year high last week and was last up 60% for 2023 so far, dwarfing gains of more than 18% recorded by the benchmark S&P 500 (.SPX). Retail investors poured in $1.27 billion per day on average into U.S. equities in July, closing in on the all-time record of $1.5 billion a day in March, Vanda Research said. The meme index consists of 25 equal-weighted U.S.-listed stocks with a combination of elevated social media activity and high short interest.

Persons: Dado Ruvic, Thomas Hayes, Vanda, Dennis Dick, Bansari Mayur, Lance Tupper, Devika Organizations: REUTERS, NYSE, Microsoft, Great, Vanda Research, Triple D, AMC Entertainment, AMC, Thomson Locations: Great Hill, Bengaluru, New York

☆ Inside Adobe, some staff worry their AI tech will kill graphic designer jobs and undermine the company's business model: 'Is this what we want?'
▼ + stars: | 2023-07-25 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Adobe employees worry their AI technology could kill graphic designer jobs. Adobe AI tools make it easy to add new graphic elements or edit photos with text prompts. Inside Adobe, there's a debate raging over new AI technology that threatens to kill jobs among a key group of customers and potentially undermine the company's business model. The response from some Adobe employees has been less enthusiastic, according to internal messages viewed by Insider and interviews with employees. the person wrote.

Persons: Slack, Goldman Sachs, didn't, Brent Thill, David Wadhwani, Adobe, Bernstein, Eugene Kim Organizations: Adobe, Employees, Jefferies, Microsoft

☆ Cool-girl brand Aritzia made employees rate each other's appearances, discriminated against Black salespeople, and fostered a culture of fear, some ex-staffers say
▼ + stars: | 2023-07-24 | by ( Nichole Jankowski | Isabella Zavarise | Brianna Holt | ) www.businessinsider.com time to read: +27 min

They said 54% of Aritzia employees and 60% of retail employees identified as BIPOC but declined to provide a breakdown of those statistics. Insider spoke with 53 current and former Aritzia employees, several of whom said that while the world of fashion is notoriously cutthroat, working at Aritzia was particularly grueling. Aritzia's spokesperson said the company's success was a "direct result of its high-performance culture." (In a statement of defense filed with the court on July 5, the store manager and Aritzia denied all allegations. A former Ontario store manager said that shortly after she was hired, the manager of store operations asked if she had a boyfriend.

Persons: Brian Hill, Hill, Kendall Jenner, Meghan Markle, Jennifer Lopez, Aritzia, Lindsey Adelman, Melina, Isabel Slone, Max Mumby, Aritzia's, Carly Bishop, Brian, Jennifer Wong, who's, Wong, Robson, We're, George Pimentel, Heather McLean, Hill's, Tim Hortons, Kendalls, —, Todd Korol, Jessica Porter, weren't, Candace Jerry, Anyango Juma Miguna, Miguna, Hannah, Kaycelyn Pascual, Pascual, couldn't, Nadia Mahammed, Mahammed, she'd, George Floyd, they'd, Todd Ingledew Organizations: Aritzia, Euromonitor International, Aritzia's, Queen's University, Fashion, Globe, Toronto Star, Getty, SPH, Employees, British Columbia Human, Product, Estate Development, Business Locations: Toronto, Vancouver, Ontario, Aritzia, ascot, Canada, Aritzia's Vancouver, Canadian, New York City, Aritzia's Paramus , New Jersey, Newmarket , Ontario, British, New York

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