The most important rules governing high-speed electronic trading weren’t written by market regulators, New York’s attorney general or a computer whiz. They were formulated a century ago when Albert Einstein figured out nothing could travel faster than light.
Film producer Brian Grazer stepped in to oversee the 84th Academy Awards in place of Brett Ratner, who left the show this week after making controversial remarks and was followed out the door by host Eddie Murphy.
Los Angeles Mayor Eric Garcetti said he’s lobbied California Governor Jerry Brown and state legislators for an expansion of state tax credits for film and TV production to stem Hollywood’s exodus of entertainment jobs.
Troy Stratos, a self-described movie producer who left a trail of debt in Europe and North America, was arrested in Los Angeles for allegedly defrauding the ex-wife of comedian Eddie Murphy of at least $7 million.