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Thursday, feb 6
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Jeff Bezos
Lifestyle
Taylor Swift's Financial 'Strategic Genius' Examined In New Harvard Business Review Book
Taylor Swift created a huge economic impact with her record-breaking Eras Tour and a new book from Harvard Business Review will look at the pop star's financially savvy vision. "There’s Nothing Like This: The Strategic Genius of Taylor Swift" will be released on Tuesday, Apr. 8, the Harvard Business Review announced on Tuesday, Jan. 28. It was written by senior editor Kevin Evers, the author of several bestsellers, including books on digital disruption and marketing. The Eras Tour grossed more than $2 billion and generated a $10 billion economic impact on local economies, acc…
Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
Business
Layoffs Loom At Washington Post Amid Talent Exodus, Financial Struggles: Report
The Washington Post is bracing for significant layoffs this week, with dozens of employees in the business division expected to lose their jobs, according to a report. Layoffs are set to shake The Washington Post, targeting the business division of the Jeff Bezos-owned and Will Lewis-led newspaper, Oliver Darcy reported in his Status newsletter. Sources said the cuts will be substantial, potentially impacting dozens of employees. The news comes as morale continues to plummet at the newspaper, which has recently experienced a wave of high-profile departures. Star reporter Josh Dawsey is…
Business
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says
ityAmazon is under fire following a US Senate report accusing the company of prioritizing speed over worker safety. Released by the majority staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee late Sunday night, Dec. 15, the report claims Amazon’s intense focus on productivity has led to unsafe working conditions. The Senate report outlines how Amazon’s warehouse workers face high rates of musculoskeletal disorders (MSDs) and other injuries caused by repetitive tasks and demanding quotas. It accuses Amazon of knowingly exposing employees to these risks, …
Business
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike. Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States. The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere. The strike could cause customers' holiday deliveries …
Sports
Taylor Swift Touches Down In Baltimore
Taylor Swift is in the building. M&T Bank Stadium, that is. The 34-year-old pop star's Dassault Falcon 7X touched down at the Baltimore/Washington International Thurgood Marshall Airport, less than 40 minutes after taking off from Morristown Airport, in NJ on Sunday afternoon Jan. 28, according to her jet-tracking Reddit account run by programmer Jack Sweeney. As expected, Swift is in Charm City to support beau Travis Kelce, the tight end on the Kansas City Chiefs (13-6), playing the Ravens (14-4) this afternoon in the AFC Championship game. Page Six shared photos o…
Lifestyle
What Is New Jersey? Garden State Takes Center Stage On 'Jeopardy!'
It was the "Jeopardy!" category New Jersey aficionados have been waiting for. On Tuesday, June 27's episode, "It Came From New Jersey" was one of the categories in the initial Jeopardy! round. The clues? $200: We rule that Samuel Alito & Antonin Scalia came from this state capital $400: Songs in this Broadway show include "Walk Like A Man" & "Big Girls Don't Cry $600: An origin story of this candy involves the sweets in an Atlantic City shop being flooded by the ocean $800: It was actually a trio of brothers who founded this New Brunswick-based healthcare compan…
News
Dan Snyder To Sell Commanders To Group Led By NJ Devils Billionaire Owner Josh Harris: Reports
White smoke can be seen coming from FedEx field, but there’s no fire. One day after billionaire Jeff Bezos said he would stay away from the team, the Washington Commanders have reportedly been sold for a record price to a group led by Josh Harris, owner of the New Jersey Devils. pic.twitter.com/4CTiCULI0x — Barstool DMV (@Barstooldmv) April 13, 2023 The news was first reported by Sportico, Sports Business Journal, and CBS News before it was confirmed by other outlets. Already the owner of the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, Harris’ group has reportedly agreed in …
News
Three NJ Residents Named To Forbes List Of Richest In America
Three New Jersey residents were named to the Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the world is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The New Jersey residents who made the…
Lifestyle
Jeff Bezos' Ex-Wife Divorcing Suburban Philadelphia High School Chem Teacher Husband
Jeff Bezos' ex-wife MacKenzie Scott has apparently filed for divorce from her second husband Dan Jewett, who taught chemistry in suburban Philadelphia, after less than two years of marriage. Scott, 52, filed a petition for divorce Monday, Sept. 26 in the King County Superior Court in Washington State, the New York Times reports. Jewett reportedly did not contest the divorce. Jewett and Scott confirmed their marriage in a statement released March 6 on the Giving Pledge website, a campaign that encourages wealthy people to donate a majority of their wealth to charity. And they did j…
Police & Fire
Major NY Tech Company Founder Who Flew Flight With Shatner One Of Two Killed In NJ Plane Crash
A major New York tech company founder who blasted into space with actor William Shatner last month was aboard a small plane that crashed in Sussex County, killing him and a local flight instructor, authorities confirmed Friday. Glen M. de Vries, 49, of New York, NY, and Thomas P. Fisher, 54, of the Jefferson portion of Lake Hopatcong, were both aboard the single-engine Cessna 172 that crashed in a wooded area of a state park near Lake Kemah around 4 p.m. Thursday, according to New Jersey State Police spokeswoman Brandi Slota and the FAA. ALSO SEE: Pair Killed In NJ Plane Crash Mourned A…
News
3 NJ Residents Named To 'Forbes' List Of Richest In America
Three New Jersey residents were named to the "Forbes" list of the 400 richest people in America. The nation's wealthiest citizens saw their collective fortune rise 40 percent over the last year to $4.5 trillion, despite the ongoing COVID-19 pandemic, Forbes said. Former President Donald Trump was dropped from the list for the first time in 25 years, with Jeff Bezos, Elon Musk, Mark Zuckerberg, Bill Gates, and Larry Page taking the top five spots. To make the list, you must have a net worth of at least $2.9 billion, and an increase of $800 million from the previous year. Net worths were ca…
Lifestyle
Suburban Philly High School Chem Teacher Quietly Marries Jeff Bezos' Billionaire Ex
A former chemistry teacher at a Montgomery County high school quietly tied the knot with Amazon CEO Jeff Bezo's ex-wife last weekend. Dan Jewett and Mackenzie Scott confirmed their marriage in a statement released March 6 on the Giving Pledge website, a campaign that encourages wealthy people to donate a majority of their wealth to charity. Scott -- a philanthropist, author and Princeton University graduate -- has a net worth of $53.9 billion, according to Forbes. She divorced Bezos in 2019 after 25 years of marriage. Jewett taught chemistry at Harriton High School in …
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