adplus-dvertising
Connect with us

News

Goldman Sachs CEO David Solomon ends DJ gigs due to media ‘distraction’

Published

 on

The music has stopped for the chief executive of Goldman Sachs, David Solomon, amid reports that the US investment bank’s board was concerned his DJing sideline would distract him from his main job.

Solomon has formally hung up his headphones on high-profile gigs and has not performed publicly in more than a year, the bank said.

Even before he became the bank’s boss in 2018, Solomon had been spinning electronic dance records for years under the moniker DJ D-Sol. He has performed in Manhattan, in tiki bars in the Bahamas and at the huge Lollapalooza festival.

The Financial Times reported that Solomon’s DJing caused unease among some Goldman board members. He DJed at an event in the Hamptons near New York in 2020 that was criticised for flouting social distancing rules during the Covid-19 pandemic.

A Goldman Sachs spokesperson, Tony Fratto, played down the move, saying: “David hasn’t publicly DJed an event in well over a year, which we have confirmed multiple times in the past.”

He added: “Music was not a distraction from David’s work. The media attention became a distraction.”

Solomon’s last big DJ performance was at Lollapalooza in July 2022.

He has also appeared in the US TV drama Billions, about a group of hedge fund executives in New York, where he touted Goldman’s Marcus savings account, which is named after the bank’s founder.

Arguably Solomon’s biggest musical achievement is his remix of the Whitney Houston hit I Wanna Dance With Somebody (Who Loves Me). Larry Mestel’s company Primary Wave Music, which controls the rights to songs from artists including Houston, is a Goldman client.

Solomon took a near-30% pay cut in 2022, after a turbulent year that resulted in one of the largest round of job cuts in Goldman’s history.

On Tuesday, the bank reported that net earnings fell by a third, year on year, in the last quarter. Goldman posted net earnings of $2.1bn (£1.7bn) for the three months to the end of September, down from $3.1bn in the same quarter a year ago.

 

728x90x4

Source link

Continue Reading

News

RCMP arrest second suspect in deadly shooting east of Calgary

Published

 on

 

EDMONTON – RCMP say a second suspect has been arrested in the killing of an Alberta county worker.

Mounties say 28-year-old Elijah Strawberry was taken into custody Friday at a house on O’Chiese First Nation.

Colin Hough, a worker with Rocky View County, was shot and killed while on the job on a rural road east of Calgary on Aug. 6.

Another man who worked for Fortis Alberta was shot and wounded, and RCMP said the suspects fled in a Rocky View County work truck.

Police later arrested Arthur Wayne Penner, 35, and charged him with first-degree murder and attempted murder, and a warrant was issued for Strawberry’s arrest.

RCMP also said there was a $10,000 reward for information leading to the arrest of Strawberry, describing him as armed and dangerous.

Chief Supt. Roberta McKale, told a news conference in Edmonton that officers had received tips and information over the last few weeks.

“I don’t know of many members that when were stopped, fuelling up our vehicles, we weren’t keeping an eye out, looking for him,” she said.

But officers had been investigating other cases when they found Strawberry.

“Our investigators were in O’Chiese First Nation at a residence on another matter and the major crimes unit was there working another file and ended up locating him hiding in the residence,” McKale said.

While an investigation is still underway, RCMP say they’re confident both suspects in the case are in police custody.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

News

26-year-old son is accused of his father’s murder on B.C.’s Sunshine Coast

Published

 on

RICHMOND, B.C. – The Integrated Homicide Investigation Team says the 26-year-old son of a man found dead on British Columbia’s Sunshine Coast has been charged with his murder.

Police say 58-year-old Henry Doyle was found badly injured on a forest service road in Egmont last September and died of his injuries.

The homicide team took over when the BC Coroners Service said the man’s death was suspicious.

It says in a statement that the BC Prosecution Service has approved one count of first-degree murder against the man’s son, Jackson Doyle.

Police say the accused will remain in custody until at least his next court appearance.

The homicide team says investigators remained committed to solving the case with the help of the community of Egmont, the RCMP on the Sunshine Coast and in Richmond, and the Vancouver Police Department.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.



Source link

Continue Reading

News

Metro Vancouver’s HandyDART strike continues after talks break with no deal

Published

 on

 

VANCOUVER – Mediated talks between the union representing HandyDART workers in Metro Vancouver and its employer, Transdev, have broken off without an agreement following 15 hours of talks.

Joe McCann, president of Amalgamated Transit Union Local 1724, says they stayed at the bargaining table with help from a mediator until 2 a.m. Friday and made “some progress.”

However, he says the union negotiators didn’t get an offer that they could recommend to the membership.

McCann says that in some ways they are close to an agreement, but in other areas they are “miles apart.”

About 600 employees of the door-to-door transit service for people who can’t navigate the conventional transit system have been on strike since last week, pausing service for all but essential medical trips.

McCann asks HandyDART users to be “patient,” since they are trying to get not only a fair contract for workers but also a better service for customers.

He says it’s unclear when the talks will resume, but he hopes next week at the latest.

The employer, Transdev, didn’t reply to an interview request before publication.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending