The unemployment rate has dipped below 8 percent for the first time since 2009 — evidence of a slow, but steady recovery? Or evidence that hundreds of thousands of unemployed Democrats gathered together to lie about being employed?
Jack Dorsey, the creator of Twitter and the man you can blame for destroying your productivity at work, turns 33 today. Fashion designer Calvin Klein is turning 67. Meg Ryan is 48. Today show news anchor Ann Curry is turning 53. Former GE CEO Jack Welch is 74. Ted Turner is turning 71. Jodie Foster is 47.…
the former G.E. chief executive expressing relief that he and his wife Suzy will, like Maria Bartiromo, no longer write a column for BusinessWeek now that it's owned by Bloomberg, to the New York Post.
• George Stephanopoulos will probably replace Diane Sawyer on GMA. [TDB]
• Now that Bloomberg LP is talking over BusinessWeek, columnists Maria Bartiromo and Jack Welch are both parting ways with the mag. [NYP]
• CNN is laying off four of its web anchors since it no longer plans to produce live video on CNN.com. The…
• Former General Electric CEO Jack Welch has closed on the purchase of an apartment on the 46th-floor of One Beacon Court. It's located next door to the apartment he already owns. And the legendary exec—who just got out of the hospital a couple of weeks ago—scored a pretty good deal, too: Welch paid $8.3 million for…
• Alec Baldwin has put his longtime co-op in the Eldorado on Central Park West on the market for $8.9 million. He's reportedly thinking about trading it in for a four-bedroom apartment at the Dakota, which has been reduced from $24 million to $12.5 million over the past year. [NYP]
• Former GE CEO Jack Welch is in…
• Employees at Goldman Sachs can expect the "biggest bonus payouts in the firm's 140-year history after a spectacular first half of the year." [Guardian]
• Banks like Merrill Lynch, UBS and Citigroup are "hiking pay for their top investment bankers in an attempt to stop an exodus of talent." [FT]
• Bill Gross of Pimco…
• Jane Beasley, the ex-wife of former GE chief Jack Welch, has put her 3,663-square-foot condo at the Trump International up for sale. Beasley acquired the apartment in 2003 as part of her divorce settlement with Welch. It now can be yours for $28.8 million. [Cityfile, Trump Realty]
• Dr. Gary Roubin, an…
Calvin Klein turns 66 years old today. Chef (and axed Dancing with the Stars contestant) Rocco DiSpirito is celebrating his 42nd. The Today show's Ann Curry is 52. Larry King may look 100, but he's (only) turning 75. Former GE CEO Jack Welch is 73. Ted Turner is 70. WNYC president Laura Walker is turning 51. Book…
Two weeks ago the news surfaced that Viacom chief Sumner Redstone and his second wife, Paula Fortunato, were divorcing after five years of marriage. Much was made of Redstone and Fortunato's 39-year age gap and the couple's pre-nup, which will provide Fortunato with a $5 million fortuno for the five years she spent…
One of the most influential and admired business executives of his generation—and the poster boy for the hypercompetitive star CEO of the '80s and '90s—Welch is the retired chairman and CEO of General Electric.
While the state assembly may be prepared to vote in gay marriage for New York, the measure has no chance of passing—or even reaching—the state Senate. Senate Majority Leader Joe Bruno (R-Shadydealsburg) announced at a news conference today that "We're not doing gay marriage by Thursday; that's for sure, or this year.…
Sir Harry and Tina Brown are the closest thing the New York scene has to a royal couple. (Tina is Tina, and Harry is more charming and also better-looking than HRH Prince Charles of Edinburg.) On Sunday, aboard the Manhattan-sized cruise ship the Queen Mary II, they hosted a luncheon to benefit the American…
So the big news in media circles, if you care about that sort of thing (and, really, what's more exciting, Danny DeVito drunk on 'The View'? We think not.), is Maurice "Hank" Greenberg's plan to buy the New York Times. This morning's Post reported that the "billionaire insurance titan" has been "buying huge blocks…
Welch on why he lived at the top of the Trump Tower: "because every time he looked out of the window at night and saw the lights of Manhattan, 'I felt I had the world by the ass.'"
A New York City party moment [Times]
Ouch, that has to hurt. Jack Welch, former chairman of GE, says he turns to Fox News for breaking stories. I like the Fox style ... the Fox edge. GE owns CNBC and MSNBC.
Vault Message Boards [TVSpy.com]
Tina Brown, bemoaning the absence of sex scandal — or even sex appeal — makes an exception for Jack Welch,... Tina Brown, bemoaning the absence of sex scandal or even sex appeal makes an exception for Jack Welch, and tells this funny anecdote. "At dinner parties Welch tells friends that he married his first wife to…
