Twitter Inc.’s lack of women on its board is “a joke,” showing that Silicon Valley is no better than Wall Street when it comes to female representation, said Sallie Krawcheck, a former executive at Bank of America Corp.
Dascha Polanco, who plays a prisoner in the Netflix show “Orange Is the New Black,” wore a dress with a swatch of blue to the Doe Fund’s gala last night, a nod to the blue uniforms of Doe Fund trainees who clean New York streets.
Two weeks ago, I wrote about the Ultimate Obamacare ETF. That's what I called the SPDR S&P Health Care Services ETF (XHS), because out of all exchange-traded funds it had the most exposure to hospitals -- the biggest beneficiary of Obamacare -- while not owning any big brand-name drug companies or medical device makers, both of which will see new taxes under the health insurance law.
In the clash of the two largest U.S. brokerages, Bank of America Corp.’s Merrill Lynch is generating more profit with fewer people than the business Morgan Stanley formed by buying a controlling stake in a venture with Citigroup Inc.’s Smith Barney.
Just as the New York Philharmonic Opening Night Gala was getting under way, Gary Parr, vice chairman at Lazard Ltd. and chairman of the New York Philharmonic, estimated that his conversations would be 98 percent about music and 2 percent about markets.
Aiming to stay a step ahead of “the next Madoff,” the Securities and Exchange Commission is set to hire University of Texas professor Henry Hu to oversee risk analysis and seek out market areas where abuses may emerge, Joshua Gallu, Jesse Westbrook and David Scheer report.