Global stocks were mostly lower Wednesday after Wall Street ended a five-day winning streak following disappointing corporate earnings reports. France’s CAC 40 fell nearly 0.1% in early trading to 21,469.18, while Germany’s DAX was little changed but slightly lower at 12,427.90. Britain’s FTSE 100 slipped 0.3% to 7,558.30. U.S. shares were set to drift higher …
Asian stocks were mixed Wednesday after Wall Street ended a five-day winning streak following disappointing corporate earnings reports. Japan’s benchmark Nikkei 225 dipped 0.3% to 21,475.38 in morning trading. Australia’s S&P/ASX 200 added 0.4% to 6,667.60. South Korea’s Kospi dipped 1.0% to 2,072.10. Hong Kong’s Hang Seng slipped 0.2% to 28,549,53, while the Shanghai Composite …
Goldman Sachs said its second quarter profit fell 6% from a year earlier, as the Wall Street firm saw declines across most of its businesses. However the results were much better than what analysts’ had forecast, pushing shares higher in premarket trading. The New York-based bank said it earned a profit of $2.42 billion, or …
Barnett Newman, Broken Obelisk, 1963–67. SHUTTERSTOCK/PSAWHYNEY The Rothko Chapel in Houston has received a $2 million grant from the Houston Endowment, which will go toward fundraising for the chapel’s master plan for renovation. Thus far, the space, which displays 14 paintings by Mark Rothko, has raised $12.5 million for the first phase of its plan. …
Domino’s Pizza said aggressive discounting by third-party delivery services like DoorDash is hurting its U.S. sales — and shows no sign of letting up. U.S. sales at stores open at least a year rose 3% in the second quarter. That was below analysts’ forecast of 4.5%, according to FactSet. It was the third straight quarter …
Technology is ingrained in every aspect of modern marketing. Indeed, martech is marketing for iconic brands and digital natives alike. Ingredients for success include management buy-in, organizational flexibility, and a creative and well-trained team… all working in lockstep to execute a sound strategy. Software, inadequately implemented, is just an expense. Get the most out of …
Frieder Burda. ©MUSEUM FRIEDER BURDA Frieder Burda, German art collector, philanthropist, and publisher, has died at age 83. According to the Foundation Frieder Burda, he died on July 14 from a longstanding illness. Burda, who collected modern and contemporary artworks, made ARTnews’s Top 200 Collectors list each year between 2005 and 2013. His holdings encompassed …
Barneys New York may soon join the ever lengthening list of retail stores seeking protection in bankruptcy. The luxury clothing company, faced with high rents and a shifting consumer landscape, is evaluating options that may include a bankruptcy filing. That’s according to a source close to the matter who asked to remain anonymous because the …
Users of HubSpot’s free CRM tools will now be able to send targeted emails and manage social ad spending, according to an announcement from the marketing software provider. The newly accessible capabilities are designed to help HubSpot’s’ small- to medium-size customers save time by integrating the solutions into a single platform for execution. Users will …
Yayoi Kusama, Where the Lights in My Heart Go, 2016, stainless steel and aluminium. ©YAYOI KUSAMA/COURTESY OTA FINE ARTS, TOKYO/SINGAPORE/SHANGHAI AND VICTORIA MIRO, LONDON/VENICE Sound the alarms and mark your calendars! A Yayoi Kusama “Infinity Mirror Room” is coming to the Westport Arts Center in Connecticut. The work, titled Where the Lights in My Heart …