Monthly Archives: July 2022

Goldman Sachs slows hiring, and resurrects the dreaded performance review as investment bankers brace for layoffs

Hello there, it’s Aaron Weinman in New York. Goldman Sachs warned it will slow its hiring ambitions and bring back dreaded annual performance reviews. The bank put these reviews on hold during the earlier stages of the pandemic, but weaker earnings have forced its hand. Let’s look into it. If this was forwarded to you,…

Twitter censored a post by MTG that mocked a trans official but didn’t delete it because it ‘may be in the public’s interest’

Rep. Marjorie Taylor Greene. Kevin Dietsch/Getty Images Twitter put a warning label on Rep. Marjorie Taylor Greene’s tweet about a transgender official. It was about Dr. Rachel Levine, Biden’s assistant secretary for health. Twitter said the post violated hateful-conduct rules but should stay as it “may” be in the public interest. Twitter censored a post…

Europe’s mightiest river is drying up amid a record heatwave, causing shipping issues and deepening the continent’s energy woes

The River Rhine is used to transport cargo including grains and coal across the continent. Thomas Frey/Picture Alliance via Getty Images The River Rhine is drying up amid record-breaking summer heatwaves. The river, which passes through Germany, Switzerland, and the Netherlands, is crucial for moving cargo. The water level at the Rhine’s bottleneck is at…

Anthony Scaramucci’s SkyBridge has halted withdrawals from one of its funds as the stock market deteriorates

Anthony Scaramucci, founder of SkyBridge Capital. (Photo By Eóin Noonan/Sportsfile for Collision via Getty Images) SkyBridge Capital has halted withdrawals from one of its funds, according to Bloomberg. The company said the fund held 20% of its assets in private companies, which are hard to sell.  The Legion Strategy fund also holds 10% in crypto,…

Russia’s Gazprom says it cannot guarantee natural gas deliveries to European customers – as its exports to China hit an all-time high

The Nord Stream 1 natural gas pipeline is currently closed for maintenance. Sean Gallup/Getty Images Russia’s Gazprom has tried to claim “force majeure” — or an act of God — in its natural gas contracts with European buyers. Force majeure clauses allow parties to be released from their obligations due to extreme or unforeseen circumstances….

The world’s best restaurant sits on the eighth floor of a soccer stadium in Copenhagen

Workers at Copenhagen’s Geranium celebrate its success. David M. Benett / Contributor / Getty Images Geranium in Copenhagen, Denmark, has been named the world’s best restaurant. The World’s 50 Best Restaurants announced its annual rankings on Monday in London. Russian restaurants were notably absent from the list. The best restaurant in the world is Copenhagen’s…

Texas Gov. Greg Abbott didn’t go to the funerals of any Uvalde victims, schedule documents show

Texas Governor Greg Abbott at a press conference after the school shooting in Uvalde, Texas, in May 2022. ALLISON DINNER/AFP via Getty Images Texas Gov. Greg Abbott did not attend the funerals of Uvalde victims, documents show.  Schedules obtained by local media do not include any funerals of those killed.  A shooter killed 21 people,…