Monthly Archives: November 2022

AMC Networks CEO Christina Spade, who worked for just 3 months, is entitled to a payout of over $10 million

Former AMC CEO Christina Spade and actor Bob Odenkirk. Frazer Harrison/Getty Images AMC Networks CEO Christina Spade stepped down after only three months in her new role. She is entitled to a severance payout of at least $10.5 million. The announcement of her departure came hours before AMC announced plans to cut 20% of its…

Twitter’s former trust and safety head says it might be hard for Elon Musk to understand the impact of his tweets because he’s ‘the richest man on the planet’

Elon Musk. Getty Images Former Twitter executive Yoel Roth said Musk’s wealth might stop him from seeing the “consequences” of his tweets.  While some have celebrated Musk’s leadership at Twitter, others have raised alarms about his power. Since taking over Twitter, Musk has sent several tweets containing inaccurate information. Elon Musk’s former lieutenant at Twitter…

Markets should brace for a period of central bank-induced turmoil before the Fed dials back on rate hikes, and stocks could soon retest recent lows, JPMorgan says

Drew Angerer/Getty Images Stocks could be in for another bout of volatility before the Fed pivots from aggressive rate hikes, JPMorgan warned. That’s because the Fed and other central banks could inject more volatility before backing down from raising rates.  Stocks could retest recent lows in the first quarter of 2023, strategists predicted. Markets should…

Binance hires the accounting firm that disavowed Donald Trump’s financials to verify its crypto reserves

Antonio Masiello/Getty Images Binance is enlisting accounting firm Mazars to verify its cryptocurrency reserves. Mazars’ US unit previously worked for former President Donald Trump and his company.  Earlier this year, Mazars USA said it no longer stands by 10 years of financial statements for Trump. Binance is enlisting the services of accounting firm Mazars, which…

Monster Hunter Rise reportedly heading to PlayStation and Xbox in January

Monster Hunter Rise, the stellar latest entry in Capcom’s long-running creature-bopping series, will reportedly be making the jump to PlayStation and Xbox in January next year. Rise initially launched as a Switch console exclusive last March, with a PC release arriving in January this year. Both versions then received the game’s major Sunbreak expansion in…