We reported last week that layoffs were coming soon to Warner Brothers, but how many positions will be cut is still unknown.  

A spokesman for Warner Brothers Entertainment, Paul McGuire, told KPCC there's no exact number yet. "There is no headcount reduction target, but there is a substantial financial target," Maguire said. 

“This is a budget issue, not a head count issue,” Dee Dee Myers, Warner Brothers Vice President of Corporation Communications told Variety.  The trade publication reports that Warner Brothers is expected to eliminate as many as 1,000 positions worldwide - or about 10 percent of its workforce:

Senior managers are currently assessing their businesses to come up with ways to trim overhead. Only at the end of that process will an exact reduction figure be known. It could be somewhat lower than the current numbers being speculated, but cuts are expected to be substantial.  

News of coming layoffs became public two weeks ago, when KPCC and other media outlets obtained an internal memo written by Warner Bros. Chairman and Chief Executive Officer Kevin Tsujihara.   

"It pains me to say this, positions will be eliminated—at every level—across the Studio," Tsujihara wrote in the memo. 

Morningstar Analyst Neil Macker told KPCC that management at Warner Brothers is trying to protect the company from another takeover play by Rupert Murdoch.  In July, Murdoch offered to buy parent company Time Warner for $80 billion. He withdrew the offer in August. 

Rodger K. Johnson has made his mark on the world of financial planning across more than 45 years

Colby Fischer is an innovative leader with more than a decade of experience in the field of corporate finance

Melbourne’s dynamic environment for business has been reaffirmed by the Global Financial Centres Index 16 (report) which highlights Melbourne’s position amidst the Global Financial Centres. Melbourne is ranked sixth in the Asia-Pacific, with Sydney fifth - the top six centres all dropped in rating. Melbourne ranked 24th, which is one rating point difference between Melbourne and Sydney - an improvement of 11 points and a rank improvement of 13. Sydney, ranked 23rd, dropped eight rating points, but maintained its rank.

Event Begins: Thursday, November 14, 2024 12:00pm
Location:
Organized By: University Career Center

Join us for a quick informational sessional about our exciting Financial Advising Internship! Our recruitment team will provide an overview of the internship program and how the experience can help jump start your career in the financial services industry. Whether you are looking to gain hands on experience or develop your financial expertise, this internship offers valuable insight and mentorship. All majors are welcome. We look forward to hearing from you!  -Northwestern Mutual Metro Detroit

Perseus Proteomics Faces Mixed Financial Results  TipRanks

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.

The son of a high-ranking ex-financial official in Ecuador who was a Florida banker says he's guilty for his part in a international multi-million dollar bribery and money laundering scheme which involved his father.

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.

1. Jio Financial Services shares surge over 6% on inclusion in F&O segment  The Economic Times
2. Zomato Surges 5% On Inclusion In F&O Segment, Swiggy's Listing; Details  News18
3. NSE to introduce futures and options contracts on 45 stocks from November 29, here's the full list  Moneycontrol
4. Jio Financial, Zomato potential Nifty inclusion candidates? Here is what analysts said  CNBCTV18
5. Exchanges make 45 new additions in the F&O following new eligibility norms | News on Markets  Business Standard

Riad Meddeb, Director of the Sustainable Energy Hub at the United Nations Development Programme (UNDP), stressed the urgency of finding innovative financial solutions during COP29. Meddeb was speaking to IPS in an exclusive interview at the conference. He said the negotiations were expected to focus heavily on finance—a core issue that has historically hampered climate […]

[Capital FM] Nairobi -- National Assembly Speaker Moses Wetangula has taken helm of the Bureau of East Africa Community Speaker amidst challenges facing the region bloc which include underfunding and perennial conflict.

King Charles recently axed the Duke of York's £1million-a-year allowancePrincess Eugenie and Princess Beatrice are reportedly deeply concerned about their father, Prince Andrew, as his mental and emotional well-being continues to decline.Sources close to the family have revealed that the...

ISLAMABAD: The Ministry of Mari­time Affairs has prepared the draft of a new shipping policy, which includes provisions aimed at providing financial sec­u­rity to the owners of registered ships.

‘Pakistan Shipping Policy 2024’ will replace Pakistan Merchant Marine Policy 2001, as well as the amended version of 2019. The ministry organised a workshop of stakeholders on Wednesday to discuss the draft of the new shipping policy.

Maritime Affairs Secretary Syed Zafar Ali Shah, chairpersons of port authorities, senior officials of the maritime affairs ministry and stakeholders from the private sector participated in the workshop.

The policy makes it possible by legislation to furnish a bond of adequate amount to owners of any registered ship if it is detained or seized for any reason within the territorial jurisdiction of Pakistan, and it should be within 24 hours after taking the surety bond.

The secretary of maritime affairs informed participants of the workshop that the Shipping Policy 2024 has been made in accordance with the standards and rules of the International Maritime Organisation.

It was noted that the government should ensure that if the case is settled, the bail bonds are returned within one month.

In this regard, a help desk should also be established within the ministry of maritime affairs and special courts related to maritime affairs should also be set up having powers equal to high courts.

The draft proposes that the newly registered Pakistani shipping company will pay $0.75 per gross registered tonnage for five years, while currently the Pakistan National Shipping Corporation (PNSC) is paying $1 per gross registered tonnage on its revenue.

The rebate of $0.25 to new companies is likely to encourage domestic and national investors to show interest in maritime industry.

The draft has proposed that the registered Pakistani shipping companies would be allowed to seek financing from foreign financial institutions and banks.

A proposal to grant tax exemption for 10 years to new foreign shipping companies was brought forward by the participants of the workshop, and they stressed for assistance by state authorities to Pakistan shipping companies in opening foreign currency accounts.

Published in Dawn, November 14th, 2024

Throughout her decades-long career, Goldberg has become one of the few entertainers to achieve EGOT status

Unauthorised purchase of medicines and equipment from a private agency has come under the scanner of Central Bureau of Investigation (CBI) which is probing the financial irregularities in R.G. Kar Medical College and Hospital in Kolkata.

1. NSE expands F&O segment with 45 new stocks, including Zomato, Jio Financial, LIC, DMart, and Paytm; check full list  Upstox
2. NSE to introduce futures and options contracts on 45 stocks from November 29, here's the full list  Moneycontrol
3. Jio Financial, Zomato potential Nifty inclusion candidates? Here is what analysts said  CNBCTV18
4. Exchanges make 45 new additions in the F&O following new eligibility norms | News on Markets  Business Standard
5. NSE adds 45 new stocks to F&O segment; Jio Financial, Zomato among notable entrants  The Economic Times

CM APPL. 65920/2024 (Exemption) Exemption allowed, subject to all just exceptions. W.P.(C) 15698/2024

1. The present petition, filed under Article 226 read with Article 227 Constitution of India, seeks issuance of writ to the respondents directing respondent No.1 to not dispossess them from the premises in question. It is claimed that they are protected under Delhi Rent Control Act and the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) cannot override the beneficial objective behind the enactment of Delhi Rent Control Act.

The Minister noted that the Average Cost of Supply (ACS)-Average Realizable Revenue (ARR) gap has improved to ₹0.21 per kilowatt-hour (kWh) in FY24

UK-based Marygold & Co. has...

Neo Financial has announced that it...

1. Cbus puts super sector on the edge of a systemic scandal  The Australian Financial Review
2. Super funds warned over delays in assessing life insurance claims  Sydney Morning Herald
3. VIDEO Cbus taken to court accused of failing to pay thousands of claims  ABC News
4. Super fund in strife over $20m in delayed payments  The Canberra Times

Prime Minister Shehbaz Sharif highlighted on Wednesday that financial pledges made at the previous two United Nations’ annual climate summits — COP27 and COP28 — were yet to materialise.

He made the remarks during the 29th United Nations Climate Change Conference, also known as COP29, that is being held in Azerbaijan’s capital of Baku. The premier presented Pakistan’s case on the second and final day of the World Leaders Climate Action Summit.

Pakistan is ranked among the top 10 most climate-vulnerable countries, according to the Global Climate Risk Index. It has faced increasingly frequent and severe weather events, such as unprecedented floods, intense monsoon rains, devastating heat waves, rapid glacial melting and glacial lake outburst floods.

Addressing the summit, PM Shehbaz asserted that COP29 should “make this understanding loud and clear that we will have to fulfil those financial pledges” committed at COP27 and COP28.

“And yet, I think, those huge financial commitments have to be materialised.”

The prime minister said the event was aimed at understanding the “calamities which, unfortunately, some of the countries have already faced and some will if we do not act”.

At COP27 in 2022, which was also attended by PM Shehbaz, countries had adopted a hard-fought final agreement to set up a “loss and damage fund” to help poor countries battered by climate disasters.

At COP28 last year, then-caretaker premier Anwaarul Haq Kakar had called for immediately executing the $100 billion in commitments for climate finance.

According to the UN, around $700 million have been pledged so far for the loss and damage fund, with France, Italy, Germany and the UAE being the biggest contributors.

At COP29 today, PM Shehbaz also spoke about the devastating monsoon floods of 2022, highlighting they had resulted in 1,700 deaths, massive displacement, destruction of houses and crops, and $30 billion loss to the country’s economy.

He called on the international community “to take measures which are so important at this point in time to have a conducive environment” to combat climate change.

The prime minister stressed that Pakistan was one of the countries that “hardly contribute” to global emissions, yet it was vulnerable to climate change and listed as one of the “10 countries which can, God forbid, face this kind of devastation again”.

“My memories are still fresh,” he said, recalling a meeting with flood affectees in Balochistan, including a boy named Ikramullah who had “lost everything”.

“His entire village was erased from the face of the earth, his home was completely demolished, and his school was also submerged. And we had arranged his education [in] another part of Pakistan,” he said.

PM Shehbaz stated he would not want “other countries to face the plight Pakistan faced back in 2022”.

Describing Pakistan as a “resilient, hard-working and responsible nation”, the premier affirmed his country was “fully committed to being part of the global climate solutions”.

Concluding his speech, the prime minister expressed the hope that under Azerbaijan’s leadership, COP29 can transform into a “finance COP by restoring confidence in the pledging process and scaling up climate finance”.

“I strongly feel that climate finance must be grant-based and not add to the debt burden of vulnerable developing countries,” he said, reiterating his remarks from yesterday on the sidelines of the summit.

“Two years ago, I warned, and I warned at the top of my voice, that the future would never forgive our inaction. Today, I echo the same warning with greater urgency,” PM Shehbaz asserted.

‘We shouldn’t brave impact of emissions by others’

Referring to the 2015 Paris Agreement, PM Shehbaz said: “Ten years ago in Paris, we had failed to stop the rise in emissions and catastrophic global warming, and those pledges in Paris 10 years ago, which were made have yet to see the light of the day.”

“As the minus-one emitters, we should not brave the impact of emissions realised by others without even the tools to finance resilience,” he emphasised.

“Without climate justice, there can be no real resilience,” the prime minister asserted.

The premier further said Pakistan would “go through a renewable energy revolution”, noting that the country last year presented a “comprehensive National Adaptation Plan”.

He continued: “This year, we have developed our National Carbon Market Framework. But we cannot do it alone. Pakistan needs international support to deliver on its climate ambitions.”

“My government has taken concrete actions to deliver on its commitment of producing 60 per cent of all energy from green sources and shifting 30pc of our vehicles to EVs (electric vehicles) by the end of this decade,” he told the summit.

PM Shehbaz stated that developing countries would need an estimated $6.2 trillion by 2030 to implement less than half of their current Nationally Determined Contributions (NDCs).

“The same goes for adaption and loss and damage,” he added, recalling the efforts at COP27 led by then-climate change minister Sherry Rehman.

Early warning systems for all

Addressing the COP29 summit, Deputy Prime Minister Ishaq Dar highlighted the utility of early warning systems for climate-induced disasters and extended his gratitude to UN Secretary-General Antonio Guterres for launching the ‘Early Warning for All’ initiative.

“Today, the threat is not limited to floods, we are facing rising temperatures, more intense and frequent heatwaves, and erratic rainfall patterns,” Dar said. “Early warning systems for various climate-induced hazards including floods, glacial lake outbursts, droughts and extreme heat are essential for resilience, not just for Pakistan but for all vulnerable nations worldwide,” he added.

The deputy PM thanked the UN Secretary-General for the early warning initiative, which “aims to protect every person on earth with an early warning system by 2027”.

Dar added that the threat of extreme heat emphasises the necessity of multi-hazard early warning systems, which he said were “critical to saving lives and supporting sustainable development in the face of climate adversity”.

“Despite our limited resources, Pakistan is committed to climate action and has set very ambitious goals,” the deputy PM said. “Our pledge to reduce projected greenhouse gas emissions by 50pc by 2030 comprises a 15pc reduction through national efforts and an additional 35pc contingent on international support.”

Dar named the Green Pakistan Project, an “electric vehicle policy”, a large-scale project to rehabilitate mangroves and implement Bus Rapid Transit (BRT) mass transit systems in Pakistan’s major cities.

“These efforts aim to fulfil our nationally determined contributions and to balance our global mitigation role with local adaptation needs,” Dar said. “However, we must acknowledge that national efforts alone are insufficient.”

The deputy PM highlighted that accessible climate finance is essential for Pakistan to meet these targets. “We urgently call on developed nations to honour their $100bn climate finance annual pledge and establish a new collective quantitative goal that reflects today’s needs with funding reaching the trillions,” he stated.

He added that this funding must be “accessible, grant-based and reflective of the historical responsibilities of industrialised nations”, adding that the burden “cannot rest solely on developing countries”.

“While Pakistan is ready to do its part, we look to the international community for support, particularly in accessing climate finance for early warning systems and climate resilience projects,” he said. “We need mechanisms that ensure easy, direct access to funds that can bolster national programmes rather than piloting isolated projects.”

Dar reiterated Pakistan’s commitment to “being part of the solution” to the shared climate crisis and stressed that through shared partnerships and support from global allies, “we can bridge the early warning gap, enhance resilience and build a safer, more sustainable future for generations to come”.

‘Debt cannot be new normal’

Speaking at a Pakistan-organised conference at COP29 yesterday, PM Shehbaz had said debt cannot become the “acceptable new normal” in climate financing.

He had explained that finan­c­ing in the form of loans pushes developing nations towards “mounting debt traps”, which he ref­erred to as “death traps”.

Speaking at Glaciers 2025: Actions for Glaciers, the prime minister had also linked humanity’s survival with the health of glaciers, saying Pakistan was ready to work with the world on the matter.

PM Shehbaz also met with various world leaders on the sidelines of the summit, including UAE President Sheikh Moha­m­med bin Zayed Al Nahyan, UK PM Sir Keir Starmer and Turkish President Recep Tayyip Erdogan, as well as those from South and Central Asia.

Dozens of world leaders convened in Azerbaijan for COP29 but many big names skipped the UN climate talks where the impact of Donald Trump’s election victory was keenly felt.

US President Joe Biden, China’s President Xi Jinping, India’s PM Narendra Modi and France’s President Emmanuel Macron were among the G20 leaders missing the event.

Pakistan witnessed devastating floods during the 2022 monsoon season, induced by climate change, resulting in the loss of at least 1,700 lives.

With 33m people affected and swathes of agricultural land washed away, the damage incurred losses worth $30bn, according to government estimates.

In June 2024, a heat wave brought record-high temperatures, severely impacting public health and agriculture.

Personal Loan as its name suggests is a loan that is specially structured to mitigate different personal needs and desires at once. It is loan unsecured in nature availed by consumer without pledging any collateral to the bank. It is a...

The GOD retires on Wankhede stadium in Mumbai. For some of the ardent followers of Sachin Ramesh Tendulkar, it is as good as end of cricket. But is it really the case? India will play the next match soon. The game will move on. But for...

Many women in rural Maharashtra feel monetary schemes are just political gambits aimed at ensnaring their loyalty, and that ‘empowerment’ can’t be wrapped in a few banknotes

"The Florida Baptist Convention has taken a proactive stance to encourage all churches to run background checks on employees and volunteers-as we do with every volunteer who works with children and teens in Convention-sponsored events and programs" - How ironic that this is brought up in the context of the Gilyard saga. Had Shiloh Baptist done a background check on Gilyard he would have come out clean back in 1993 - he had no criminal record. But he was KNOWN to be a serial adulter by Paige Patterson and Jerry Vines, and had confessed to having sex with women he had counseled in his churches prior to coming to Shiloh, yet a background check would never have revealed that when Shiloh hired him in the early 1990s. Of course now if we run a background check, he is a convicted sex offender. - Christa Brown and others have called for the Southern Baptist Convention to establish a database to track ministers who have been convicted of crimes, or credibly accused of serious misconduct. The SBC heavies have opposed such a system, and the Gilyard disaster is example #1 of why such a system is required. The FBC statement above painfully points this out. -- "Christ Tabernacle Baptist Church (sic) in Jacksonville has been affiliated with the Florida Baptist Convention since 1998. During that time, the congregation has not demonstrated cooperation as defined by our Bylaw 2, which includes participating in the Cooperative Program giving and providing statistical information. They have given nothing in the past six years." -- OK, that is interesting. Glad to know that in addition to hiring a pedophile and kicking the kids out of the church, they also are guilty of the terrible offense of not giving any money to the Cooperative Program. Who really cares that they have given no money to SBC missions, if they are putting a pedophile in the pulpit?

Fluence Technologies, the only pure-play provider of financial close and consolidation software purpose-built for mid-sized companies, and Revelwood, experts in the Office of Finance, have formed a strategic partnership to bring Fluence's SaaS financial consolidation solution to mid-size organizations throughout North America.

Despite the challenging situation in society and the economy as a whole, the German music collect-ing society and one of the world's largest authors' societies for musical works, GEMA, achieved its best result ever in 2022.

LeGrand S. Redfield, Jr., President of Asset Management Group, Inc, in Stamford, Connecticut has earned the designation of Retirement Income Certified Professional (RICP®) from The American College. Unlike a general financial planning program like the CFP® or ChFC®, the RICP® delves much more deeply into the specific area of retirement income planning. It also trains advisers to plan for potential issues that can have a serious negative impact on a person's retirement plans.

Asset Management Group, Inc. of Stamford, CT, is pleased to announce that Jennifer Brucato has passed the FINRA Series 65 Securities License Exam and has been promoted to Associate Financial Planner.

Allianz has launched two new initiatives to help women overcome financial uncertainty on their path to professional football.

Asset Management Group, Inc. proudly announces the achievement of LeGrand S. Redfield, Jr. CLU, ChFC, CFP, who has successfully obtained the Accredited Behavioral Finance ProfessionalSM (ABFP™) designation from the renowned College for Financial Planning.

Asset Management Group, Inc. of Stamford, CT, is pleased to announce that the College of Financial Planning has granted Ashley M. Tuccinardi the Financial Paraplanner Qualified Professional (FPQP®)

Italy's new prime minister Giorgia Meloni explains why so many people are afraid of her victory. American newspapers categorize her as "far-right", but Italian newspapers call her "center-right". Let's see what she does.

The new Prime Minister of Italy.

Wow. pic.twitter.com/fkKTM8I9Fs

— Aaron Ginn (@aginnt) September 26, 2022

But there are some smart things that small business owners should consider doing now. Here’s my top 3 tips:

1.  Access Capital Now
2.  Engage Rather Than Employ
3.  Have a Lean Start-Up

complete article

Small business startups may fuel the economy, but that does not mean that they always succeed. In fact, according to a study published by Bloomberg, 80 percent of businesses fail within the first year and a half, which is a pretty dismal outlook for aspiring entrepreneurs.

The reason that so many businesses fail, in large part, is due to poor financial planning. In order to beat the odds and to get your business moving on the right track, consider the following financial advice.

complete article

From making a financial plan to creating an exit strategy, here are some helpful tips for establishing and running your small business.

complete article

Regardless of the size of the business, ultimate responsibility for success lies with the CEO. If you’re a small business owner, thats you. And the most critical CEO tasks that result in success or failure lie in the knowledge and practice of financial management fundamentals.

complete article

Every year, more than 400,000 entrepreneurs launch small businesses in the United States, many driven by the desire for ownership and independence. Local mom-and-pop shops, online services, food trucks — the skys the limit.

But taking on a new business is a lot of work and risk. According to the Small Business Association, over 20% of new small businesses fail during the first year of operation.

complete article

James Kroeger makes this ridiculous claim in the post "The New Deal Didn’t Always Work, Either": Here you are guilty of conflating the two definitions of 'investment.' Rich people, generally, do not spend money on economic investments, but only on...

NPR is projecting that podcast sponsorship revenues will surpass revenues from broadcast sponsorships next year for the first time.

During NPR’s membership meeting Sept. 5, Chief Financial Officer Deborah Cowan told public radio station leaders that the network has budgeted about $55 million in corporate sponsorship revenues from podcasts in fiscal year 2020.

complete article

Financial institutions are reaching out to clients using RSS feeds. While banks and financial institutions are usually slow to adopt new technology, that is not the case with RSS adoption. More and more professionals are using RSS in innovative ways, to stay ahead of their competition.

1. Bank Rate Changes
Bankers are using RSS to communicate bank rate changes. Feeds are updated regularly to reflect changes to adjustable rate mortgages or the interest rate for CDs.

Financial Companies Using RSS Feeds

SAVE $20 on all Flat Panel Monitors

[The Herald] This year's Heart Women's Soccer League winners could find themselves smiling all the way to the bank next year.

[New Zimbabwe] Dynamos are seemingly set for a mass exodus of players when the ongoing season ends in two weeks.

[IMF] The Government of Côte d'Ivoire, announced today at COP29 in Baku a wide range of initiatives to catalyze climate financing in Côte d'Ivoire.

January 12, 2006 – New Hampshire’s State Supreme Court has set aside portions of a 2004 state law that protected financial records revealed in divorce proceedings from prying eyes. The law had allowed judges to seal financial records of parties involved in a divorce for any reason.