Stand up, Be Heard…
Intel Cop. Chief Executive Brian Krzanich, who had been at the helm since 2013, resigned on Thursday for violating company policy by having a relationship with a co-worker. Marking Krzanich as one of the most prominent CEO’s to lose their jobs in the era of greater scrutiny over workplace behavior. Intel learned of the affair in the past week from a concerned employee. An investigation by both internal and external counsel confirmed Krzanich was involved in a past consensual relationship, a violation of the firms nonfraterization policy. In the past board members and companies were more likely to look the other direction in these cases however, thanks to the brave women of the #metoo movement companies are looking closer at their policies on workplace conduct.
Stream Baby Stream…
Just days after finalizing its acquisition of Time Warner, AT&T is unveiling its newest video streaming video package called Watch TV. The new package consists of 31 channels for $15 a month. Roughly 20% of the channels offered come from Turner, the cable subsidiary of newly acquire Time Warner. In addition to the 31 live channels, the services also provides streaming junkies over 15,000 TV shows and movies on demand. The service is available to AT&T subscribers cross-platform via an app or customers who participate in AT&T two new unlimited data plans.
Asia: Asian shares ended the week down after a yesterday’s negative handoff from Wall Street.
Europe: European stocks closed down on Thursday as global investor continue to worrying about the effects of a potential global trade war.
U.S: U.S. markets lost ground on Thursday fears of an impending trade war between the U.S. and China dragged investor sentiment lower. DJIA: -196.10 24,461.70 NASDAQ: -68.56 7,712.95 S&P: -17.56 2,748.76
Word of The Day:
A style of management associates with mutual funds and exchange traded funds, where the fund’s portfolio mirrors a particular market index like the S&P 500.
Dinner or Drink:
Devil in The Morning
Splash of Grenadine
1 part Orange Liqueur
2 parts Jim Beam® Devil’s Cut®
3 parts Orange Juice
Garnish with Maraschino Cherries
Garnish with Orange Wheel
Build in order over ice in a tall glass, letting the grenadine slowly settle through the cocktail. Garnish with a half-moon orange slice and/or a cherry.