Solomé Lemma, Thousand Current’s executive director, disputed her organization’s own filings and attributed those designations to a paperwork error. She told BuzzFeed News that whoever prepared the paperwork confused the Black Lives Matter Foundation’s employment identification number with that of the Black Lives Matter Global Network. No funds were donated to Barnes’ foundation, she said, noting that the money was sent to local Black Lives Matters chapters for work in Black communities. … [Read more...] about New York’s Attorney General Ordered The Black Lives Matter Foundation To Stop Collecting Money
Million dollar listing new york
By Julia Fioretti Companies are lining up to list in Hong Kong as a dry spell for initial public offerings comes to an abrupt end with two multi-billion dollar listings. At least three firms began gauging investor demand for their IPOs on Monday, a week after Asia had its biggest week for listings all year. E-cigarette device maker Smoore International Holdings Ltd. and the property management arm of Zhenro Properties Group are among those testing appetites. Shenzhen Hepalink Pharmaceutical Group Co. is also meeting investors, according to people with knowledge of the matter. Another, medical device maker Kangji Medical Medical Holdings Ltd., kicked off a roadshow for an IPO that could raise as much as $404 million. Activity is finally picking up after a hiatus in IPOs caused by a spike in volatility as markets slumped earlier this year on concerns about the economic impact of the coronavirus. While Hong Kong stocks have not fully recovered from their March low, two successful … [Read more...] about Firms line up to IPO in Hong Kong after Asia’s biggest week for listings
A series of top executives came and went. Janice Min, the former editor of The Hollywood Reporter, oversaw Daily Essentials but left after reportedly clashing with Katzenberg over direction of content. Executive Tim Connelly, under whose leadership Quibi secured $100 million in advertising commitments, also left abruptly. Two weeks after launch, Quibi announced that its creative-marketing lead, Megan Imbres, would be leaving the company as well. “It’s very Trumpian there,” says a person with firsthand knowledge. “Unless you agree with them, you’re a troublemaker. Meg believes she’s a marketing genius; Jeffrey believes he’s a content genius. So you end up in shitty jobs where you’re there to execute their vision, which no one else there believes in.” Some employees joked darkly that Quibi was another Fyre Fest in the making, but those early months were also full of high purpose and enthusiasm. “People made fun of me,” one … [Read more...] about Is Anyone Watching Quibi?
The Treasury and SBA said they were releasing data for more than half a million loans of $150,000 or more, including recipient name, address, business type, jobs supported, and some demographic information. That accounts for roughly 73% of the dollars granted, but only 14% of the 4.9 million loans, according to a summary of data the agencies released initially on Monday. … [Read more...] about U.S. Treasury to name small businesses that took pandemic aid, says 51.1 million jobs supported
But the data underlined that in addition to mom-and-pop shops, the funds went to several well-heeled and politically connected companies, some of which got between $5 million and $10 million. Those include firms which lobby in Washington such as Wiley Rein LLP and APCO Worldwide, as well as law firms Kasowitz Benson Torres LLP, which has represented President Donald Trump, and Boies Schiller Flexner LLP. … [Read more...] about U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also got loans