Blackstone and Carlyle to Jointly Host Third Annual Veterans Initiative Summit

The private equity industry collectively represents hundreds of companies and millions of employees across the country, providing a platform for significant impact on U.S. veteran hiring. We are proud of this continued partnership, and believe it can be a model for other industries as we collectively strive to improve the veteran employment picture, " said Stephen A. Schwarzman, Blackstone's Chairman, CEO, and Co-Founder.

Today in the press

AIB SETTLED CITIGROUP DISPUTE OVER RUSNAK AT FRACTION OF $872m CLAIM - AIB received only a fraction of the $872 million it had sought from Citigroup when it agreed last year to settle a 12 -year case against the US bank in relation to the John Rusnak trading scandal. The Irish Times has established that the amount received by AIB under a settlement struck in January 2016 came to less than 5% of its original claim.

Russian Facebook ads: 70 million people may have seen them


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Facebook estimates 10 million Americans saw the advertisements Russian groups purchased to try to influence last year's election, but analysts said that undersells the reach of the ads, which may have actually been seen by as many as 70 million. That kind of reach is stunning given the relatively modest budget of $100,000 spent by Russian trolls linked to the ads.

5 Types of Activism Every Brand Should Prepare for, Even If You’re Not Taking Sides


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These days it's virtually impossible to log on to Facebook or Twitter without a discussion unfolding around politics. In fact, it's become common for people to take "breaks" from social media to limit their exposure to constant political controversies and social issues.

Willis Tower in Chicago prepares for a $500M face-lift

Willis Tower in Chicago is preparing for a $500 million face-lift under an ambitious plan Mayor Rahm Emanuel supports. The renovations call for six levels of entertainment, restaurant and retail space, which could become an attraction for thousands of building employees and 1.7 million yearly visitors drawn to the observation deck on the 103rd floor.

CMO Today: AT&T Chief Meets With Donald Trump, But Doesn’t Discuss Merger

DEAL MAKER : As Donald Trump prepares to take office, one of the big questions hanging over the media industry is whether AT&T's proposed purchase of Time Warner Inc. will receive approval. As The Wall Street Journal reports, AT&T Chief Executive Randall Stephenson headed to Trump Tower on Thursday morning to meet with the president-elect , who vowed before the election to block the $85 billion deal.

Trump co-chair wishes death on Obama, calls 1st lady male

California's attorney general is pursuing new charges against the operators of a website advertising escort services two weeks after a judge tossed an earlier case. California's attorney general said Friday that she was pursuing new pimping charges against the operators of Backpage.com, a website that advertises escort services, just two weeks after a judge tossed an earlier case.

Triangle’s tech links to President-elect Trump: Blackstone, IBM

The Research Triangle will have the ear of President-elect Donald Trump through two major connections: The Blackstone Group and IBM. Trump, who will be back in North Carolina on Tuesday for a "thank you" event in Fayetteville, is going to seek advice from two major tech leaders with RTP links through an advisory group he announced on Friday.

European Executives See Glimmer of Profit in Trump’s Growth Plan

Executives at WPP Plc, Altice NV and Cap Gemini SA, gathered in Spain for an investor conference this week, voiced confidence that their businesses in the U.S. would profit under President-elect Donald Trump. Clients are more optimistic than they were right after the Nov. 8 election, said Paul Hermelin, chief executive officer of Cap Gemini, the French computer-services firm whose U.S. customers include General Electric Co.

Press Digest- New York Times business news – Nov 7


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Nov 7 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Anbang’s bid to buy landmark US hotel near naval base called off due to security concerns

A deal by China's Anbang Insurance Group Co to purchase a landmark Southern California hotel near a major naval base from Blackstone Group LP was called off following opposition from US national security officials, according to people with knowledge of the decision. Blackstone ended the sale of the Hotel del Coronado near San Diego, worth an estimated US$1 billion, after concerns were raised by the Committee on Foreign Investment in the United States , according to the people, who asked not to be identified because the sale process was private.

(VIDEO) Ad Industry Joins Forces With Federal Agencies To Combat Digital Crime

For the first time, the digital advertising industry--via the Trustworthy Accountability Group--has a formal partnership with federal law enforcement agencies to combat criminal activity, TAG President and CEO Mike Zaneis says in an interview with Beet.TV. Since its founding, TAG members have been sharing intelligence about bad actors in the digital advertising space so that the group can set anti-fraud standards.

Press Digest – Wall Street Journal – Aug 26


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Aug 26 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

SNL’s Colin Jost and Michael Che Take Weekend Update to the Conventions


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"The world is burning down and we also gotta deal with this?" Che told Adweek in an interview this morning in Cleveland, at the site of the Republican National Convention. "There's so many issues now that are very controversial, very high-stakes comedy that could be a lot more interesting than Donald Trump's hair or Hillary Clinton being stiff."

Spending mounts in Ohio Senate race

Combined spending so far for TV, radio and online ads of various kinds for and against Republican Sen. Rob Portman and former Democratic Gov. Ted Strickland starting late last year is up to at least $45 million, and much more is expected. Portman's campaign is devoting $15 million to TV and online advertising from June through Election Day, dwarfing the cash Strickland's campaign has had available due to lagging fundraising.

Spending Mounts In Ohio Senate Race

Combined spending so far for TV, radio and online ads of various kinds for and against Republican Sen. Rob Portman and former Democratic Gov. Ted Strickland starting late last year is up to at least $45 million, and much more is expected.

The 10 things in advertising you need to know today


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Advisory firms are telling shareholders to vote against the WPP boss' A 63 million pay package for last year. 2. Publicis CEO Maurice Levy says the ANA report into agency transparency due for publication today today is going to be "unfair."