Posts by Liam Redmond
Dallas leaders trying to make Neiman Marcus owner squirm over plan to close historic flagship store
Saks Global said it’s sticking to its decision to close Neiman Marcus’ historic flagship store in Dallas — despite local business leaders saying they have solved a thorny dispute with a landlord of the century-old landmark. The stated reason for Saks Global’s decision last week to close the store on March 31 was a bizarre…
Read MoreMark Consuelos Puts His Foot In His Mouth On ‘Live’ By Claiming Kelly Ripa Ate “Everything” When She Was Pregnant: “I Said That?”
Mark Consuelos accidentally let an intrusive thought slip about Kelly Ripa on Thursday’s Live with Kelly and Mark. On the topic of limes, which Consuelos said Ripa “love[s],” Ripa shared that the citrus was a particular favorite of hers when she was pregnant. She began, “When I was pregnant — do you remember? — I…
Read MoreWho is Catherine Wu? The woman at the centre of the CDL board tussle
CITY Developments Ltd (CDL) group chief executive Sherman Kwek highlighted a Dr Catherine Wu on Thursday (Feb 27) in his latest response in the “attempted coup” saga that broke in the public arena the day before. In a detailed statement, he said the “primary reason” for the ongoing dispute at the property behemoth relates to…
Read MoreWho is Catherine Wu, the adviser highlighted in the CDL board tussle?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr Wu CITY Developments Ltd (CDL) group chief executive Sherman Kwek highlighted a Dr Catherine Wu on Thursday (Feb 27) in his latest response in the “attempted…
Read MoreSony seeks first-time streaming deal for ‘Jeopardy!’ and ‘Wheel of Fortune’
“Jeopardy!” and “Wheel of Fortune” are headed for a streaming deal for the first time as owner Sony Pictures Entertainment seeks a larger, younger audience. On Thursday, Sony said it was soliciting bids from major media and tech companies for the streaming rights to new episodes of the two long-running series, according to The New…
Read MoreUS: Wall St opens higher as Nvidia’s forecast calms AI demand fears
WALL Street’s main indexes opened higher on Thursday (Feb 27) as AI bellwether Nvidia’s upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly jobless claims kept a check on gains. The Dow Jones Industrial Average rose 83.3 points, or 0.19 per cent, at the open to 43,516.44. The…
Read MoreMeta apologizes after Instagram users are flooded with violent videos
Meta issued an apology Wednesday night after an “error” caused Instagram’s recommendation algorithm to flood users’ Reels feeds with disturbing and violent videos, some depicting fatal shootings and horrific accidents. The issue affected a broad range of users, including minors. The troubling content, which was recommended to users without their consent, featured graphic depictions of…
Read MoreSGX-listed companies have ‘significant room for improvement’ in whistle-blowing policies: NUS study
SINGAPORE-LISTED companies are not doing nearly enough when it comes to whistle-blowing policies, according to a study by the Centre for Investor Protection (CIP) at NUS Business School. For example, less than half of primary-listed issuers said that all whistle-blowing complaints are even reviewed. And most did not specify how they would safeguard whistle-blowers’ identities.…
Read MoreSherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser
THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, group chief executive Sherman Kwek said in a statement on Thursday (Feb 27) evening. He cited Dr Wu as holding an official position as advisor to the board…
Read MoreJardine C&C posts 4.4% rise in H2 underlying profit to US$602 million
JARDINE Cycle & Carriage (C&C) posted a 4.4 per cent rise in its underlying profit of US$602 million for the six months ended December 31, 2024. This came as revenue for the period rose 9 per cent to US$11.6 billion However, its full-year underlying profit was down 5 per cent to US$1.1 billion due to…
Read MoreSalley Carson Says She “Wasn’t Surprised” That JT Thomas Showed Up To The ‘Southern Charm’ Reunion: “The Guy Makes For Great TV”
Salley Carson might be new to Southern Charm this season, but she’s certainly not new to reality television. The spine surgery robot operator first got her start in Season 26 of The Bachelor and later returned to the franchise for Bachelor in Paradise Season 8. She made her Bravo debut on Southern Hospitality Season 2…
Read MoreUS-China tensions can offer ‘huge opportunities’ for Asian law firms: R&T managing partner
RISING tensions between the United States and China present Asian law firms with a “huge opportunity”, as the region is likely to benefit given its reputation for being politically stable, said Rajah & Tann managing partner Patrick Ang on Thursday (Feb 27). Also, as the China-US rivalry leads to an increase in geopolitical tensions,…
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