Feature

The bottom line

Goldman Sachs' $2.1 billion new headquarters; Factory production up, jobless benefit applications up; A futures exchange for Hollywood movies; Major airlines vow not to charge for carry-on luggage; The old-boy network in high-tech

Goldman Sachs' $2.1 billion new headquartersGoldman Sachs’ new 43-story, 2.1 million–square–foot headquarters building in downtown Manhattan cost $2.1 billion to build. It contains six trading floors, each larger than a football field, and a 54,000-square-foot gym.The Wall Street Journal

Factory production up, jobless benefit applications upFactory production rose 0.9 percent in March, accelerating from a 0.2 percent increase in February, the Federal Reserve reports. But that increase was not accompanied by a boost in employment. First-time applications for jobless benefits last week rose an unexpected 24,000.Bloomberg.com

A futures exchange for Hollywood moviesInvestors will soon be able to bet on Hollywood movies. The Commodity Futures Trading Commission has approved an Indiana company’s application to start a futures exchange that would trade derivatives linked to the box office performance of new releases.Financial Times

Major airlines vow not to charge for carry-on luggageAmerican, Delta, JetBlue, United, and US Airways have pledged not to charge passengers for carry-on luggage. Tiny Spirit Air said recently it would charge up to $45 for carry-on bags that don’t fit under the seat.USA Today

The old-boy network in high-techWomen own 40 percent of the small businesses in the U.S. but only 8 percent of high-tech start-ups backed by venture capital. Although outright sexism in the tech industry is rare, many female entrepreneurs say the old-boy network subtly limits their opportunities.The New York Times

Recommended

Psaki confirms diplomatic boycott of Beijing Olympics
Olympic rings in Beijing.
Winter Olympics

Psaki confirms diplomatic boycott of Beijing Olympics

10 things you need to know today: December 6, 2021
Bob Dole
Daily briefing

10 things you need to know today: December 6, 2021

Myanmar court hands Aung San Suu Kyi 4-year prison sentence
Myanmar protest for Aung San Suu Kyi
Myanmar Coup

Myanmar court hands Aung San Suu Kyi 4-year prison sentence

Gambian president headed for landslide re-election
Gambians watch election results
stop the steal!

Gambian president headed for landslide re-election

Most Popular

Mace vs. Greene is the fight for the future of the GOP
Mace and Greene.
Picture of W. James Antle IIIW. James Antle III

Mace vs. Greene is the fight for the future of the GOP

Kathy Griffin slams CNN for firing her but not Jeffrey Toobin
Kathy Griffin
'I loved that gig'

Kathy Griffin slams CNN for firing her but not Jeffrey Toobin

Trump's apparently a fan of Dr. Oz's Senate candidacy
Dr. Oz.
the doctor is in

Trump's apparently a fan of Dr. Oz's Senate candidacy