Read the full memo Goldman Sachs' top brass just sent to staff announcing 2 heads of the bank's private-investing arm are out as it's gearing up to raise billions

Here's the full internal memo sent on Friday from Goldman CEO David Solomon, President John Waldron, and Chief Financial Officer Stephen Scherr.

February 10, 2020   |   View Online »

Read the full memo Goldman Sachs' top brass just sent to staff announcing 2 heads of the bank's private-investing arm are out as it's gearing up to raise billions Dakin Campbell | Here's the full internal memo sent on Friday from Goldman CEO David Solomon, President John Waldron, and Chief Financial Officer Stephen Scherr. Read More »

2 coheads of Goldman Sachs' private-investing business are retiring, in a blow to David Solomon's fundraising plans Dakin Campbell | Sumit Rajpal and Andrew Wolff were set to be the lead investors for Goldman's eighth private-equity fund. Read More »

Amazon quietly hired the NBCUniversal executive known as ex-CEO Jeff Zucker's 'right-hand man' to lead PR for its original-video and streaming services Eugene Kim | Amazon tapped Cory Shields, a longtime NBCUniversal executive, to lead PR for its video-streaming and original-content business. Read More »

We talked to the execs behind Bloomberg's new data partnership with Goldman Sachs. Here's why they think it's a sign of Wall Street's future. Dan DeFrancesco,Dakin Campbell | The Bloomberg data should be available to Marquee users no later than the end of March, according to Goldman's Anne Marie Darling. Read More »

'We're definitely in a bubble': A hedge-fund chief overseeing $2 billion explains why he sees a 40-60% crash looming — and a lost decade ahead for stocks Christopher Competiello | "We're at this point where the future return for equities is likely to be close to zero," said Mark Yusko, CEO at Morgan Creek Capital Management. Read More »

11 subtle behaviors that could be seriously jeopardizing your relationship Shana Lebowitz,Ivan De Luce,Weng Cheong | Business Insider rounded up science-backed insights on the traits and behaviors that can doom a romantic relationship. Read More »

LAST TOWN BEFORE MARS: SpaceX's most vocal holdouts in South Texas are selling their homes to Elon Musk's rocket company to make way for a Mars spaceport Dave Mosher | Many residents of Boca Chica Village first rebuffed a buyout from SpaceX. But, months later, the rocket company has persuaded most of them to leave. Read More »

This 22-year-old influencer runs one of the best-known Instagram feeds in the UK. He told us how he cut deals with Uber and Sony Music. Martin Coulter | Anthony Robb conquered Instagram with ImJustBait's memes, videos and song clips. Now he's launched a record label, music festival, and online TV show. Read More »

Aurora Cannabis just laid off 500 workers amid an industry slump. We're keeping track of all the job cuts across cannabis here. Jeremy Berke | Amid investigations, lawsuits, and slumping valuations, cannabis companies are reeling. To stay afloat, they're cutting workers. Read More »

Meet Rebekah Neumann: Insiders describe the spiritual, strategic mastermind who was the driving force behind WeWork and her husband, Adam Neumann Dana Schuster | Rebekah Neumann was a behind-the-scenes force at WeWork, protecting her CEO husband from himself while steering the $47B startup beyond its depth. Read More »

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