Goldman to name David Solomon as CEO early this week

The Goldman Sachs Group, Inc. has announced today that Lloyd C. Blankfein will retire as Chairman and Chief Executive Officer and that the Board of Directors has appointed David M. Solomon to succeed him in both roles.

Goldman's announcement came as the bank reported a 44 percent jump in second-quarter earnings to $2.3 billion earlier Tuesday thanks largely to strong revenues in advising clients on mergers, initial public offerings and other transactions.

Papa John's Evicts Founder from Corporate Offices
He told a local station in Louisville on Friday that he was goaded into using the slur during the conference call. Schnatter, 56, has acknowledged using the slur, while saying it was in the context of a training exercise.

When he's not in the office, Solomon is a part-time DJ, spinning records in NY and Miami clubs under the name DJ D-Sol, CNN Money reported.

David Solomon, Goldman Sachs' next chief executive, soon to be one of the most powerful figures on Wall Street, is also an electronic dance DJ.

May's customs bill survives stormy waters
Theresa May now faces a grilling from both Conservative and opposition MPs over her Brexit plans. Tomorrow, they vote on the Trade Bill - the one May's government is most anxious about.

Mr Solomon, the Wall Street investment bank's president, has been regarded for months as the likely successor to Lloyd Blankfein, but his expected confirmation is earlier than many had expected.

With Blankfein in charge, Goldman became a profit powerhouse, with the onetime commodities salesman steering the company through the worst financial crisis in 80 years. He held the position for a decade before being named co-president of Goldman in 2016.

First Look At Aquaman Trailer; Poster & Images Released
It stars Jason Momoa as the character we've already seen in Batman V Superman: Dawn Of Justice (briefly) and Justice League . Aquaman opens December 21st, so rumors about when the first trailer would drop have been swirling for awhile.

Related News:

  • Prince Harry, Meghan visit Nelson Mandela exhibition

    They also spoke to 92-year-old Andrew Mlangeni , who spent almost three decades in Robben Island prison with Mandela. The pair watched a performance by the Ubunye Choir , comprised of people from the South African diaspora.
    On Jupiter have discovered a new volcano

    On Jupiter have discovered a new volcano

    Data from NASA's Juno mission uncovered that Jupiter's moon Io could have a previously unknown volcano close to its South Pole. Juno has logged almost 146 million miles (235 million kilometers) since entering Jupiter's orbit on July 4th, 2016.
    New ‘Bohemian Rhapsody’ Trailer Will Rock You

    New ‘Bohemian Rhapsody’ Trailer Will Rock You

    As a result, director Dexter Fletcher (" Eddie the Eagle ") was called upon to complete the film (Singer, however, is still credited as director).
  • U.S. Spy Chief Pushes Back on Trump Over Russia's Election Hack

    U.S. Spy Chief Pushes Back on Trump Over Russia's Election Hack

    Trump leaned forward in his chair, his hands tented in front of him and frequently glanced over at the Russian president. Unlike many other news organizations, we have not put up a paywall.
    'Fortnite' 5.0 Patch Updates Include New Weapons

    'Fortnite' 5.0 Patch Updates Include New Weapons

    The Semi Automatic Sniper Rifle in Battle Royale will see a bit of a buff with its damage going up to 75/78 from 63/66. It uses light ammo, has a 30-round capacity, and can be found in floor loot and chests.
    1,000 Poundworld jobs to go as administrators shut another 80 shops

    1,000 Poundworld jobs to go as administrators shut another 80 shops

    Poundworld's founder Chris Edwards has previously criticised Deloitte for turning down an offer to buy the business back. The news comes three days after the business announced it was closing 25 stores, resulting in 242 job losses.
  • Millions celebrate France's World Cup win

    Millions celebrate France's World Cup win

    The joyful crowd crammed the city's central square or lined up along the route where the players were set to pass in an open bus. French media reported that authorities detained 90 people for questioning in the Paris region and some 290 around France.
    Demi Moore makes surprise appearance at roast of ex-hubby Bruce Willis

    Demi Moore makes surprise appearance at roast of ex-hubby Bruce Willis

    Demi Moore poked fun at ex-husband Bruce Willis during a comedy roast , during which she claimed he was 'dead the whole time'. She joked: 'Bruce considered the end of our marriage his biggest failure. "I look at our marriage like The Sixth Sense ".
    Samsung unveils 8Gb LPDDR5 DRAM chip

    Samsung unveils 8Gb LPDDR5 DRAM chip

    At 6,400 Mbps, LPDDR5 can transfer around 51 GB in one second, which Samsung says is the equivalent of roughly 14 HD video files. It's pertinent to mention here that Samsung was the first to bring the 8GB LPDDR4 chip to mass production back in 2014 as well.
  • FDA recalls heart and blood pressure medicines due to cancer-causing substance

    FDA recalls heart and blood pressure medicines due to cancer-causing substance

    The agency encourages patients and healthcare professionals to report any adverse reaction to the FDA's MedWatch program. If you don't know where you medication came from in the past, your pharmacy should have that information.
    Love Island 2018: Islanders hit with shock dumping twist in show FIRST

    Love Island 2018: Islanders hit with shock dumping twist in show FIRST

    Before you make that decision, I can tell you there are two new boys and two new girls waiting to enter the villa today. Their co-stars deliberate over who to send home, with some backing Georgia and Sam, and others backing Megan and Wes.
    Kate Middleton & Prince Louis Are All Smiles in New Christening Photo

    Kate Middleton & Prince Louis Are All Smiles in New Christening Photo

    Also in attendance were both William's father, Charles, the prince of Wales and stepmother Camilla , the duchess of Cornwall . Prince Louis was born on April 23 and is the youngest child of the Duke and Duchess of Cambridge .


Most liked

Take $60 off the Ring Spotlight Security Camera for Prime Day
During Prime Day, Spotlight Deals will feature slashed prices on top brands that last until they are out of stock. You also need to add the PLAY20 discount code before you complete the checkout process, or no discount for you.

IPhone survives 450 foot fall from amusement park ride
One of them took out her phone to take pictures, as you do in this day and age, and dropped it. Despite not being in a case, there was only one scratch on the working device.

Kawhi Leonard Rumors: This Team In ‘Driver’s Seat’ To Land Spurs Star
His current contract is scheduled to expire after next season if he chooses - as expected - not to sign an extension. And with the Nets, Bulls and Hawks spending their cap space, it makes it harder to assemble a multi-team trade.

MGM Resorts Sues Las Vegas Shooting Victims Over Liability Claims
He killed 58 people and wounded at least 300 more before being found dead by police from a self-inflicted gunshot wound. However, they are asking a judge to dismiss future lawsuits against the company if the the act is applicable.

Martin Truex Jr. repeats at Kentucky Speedway
Ryan Blaney and Keselowski were next in Fords, followed by Kyle Busch (Toyota) and Kevin Harvick (Ford). Truex held the lead on the restart on Lap 115, followed by Kyle Busch, Harvick, Blaney and Menard.

Prince Charles and Price William Both Refused To Meet Donald Trump
However, it's still unusual that an American president would only meet the queen and not any other member of the royal family. The prime minister told the BBC Sunday that Trump told her to "sue" the European Union rather than negotiate with the bloc.

Donald Trump was 12 minutes late to tea with the Queen
Trump follows in the footsteps of previous Presidents to visit Windsor Castle, including Ronald Reagan in 1982, George W. She surprised many people in 2012 when she was seen placing an arm affectionately around Michelle Obama.

Theresa May ‘scrapes through’ vote on customs bill
Monday night showed just how hard it is for May to plot a course between pro- and anti-Brexit lawmakers in her party. For May, it was a least-worst option, aimed not so much as satisfying anyone but at giving something to everyone.

Mike Pompeo rejects European Union appeal for exemptions in sanctions against Iran
His comments appeared to be trying to ease local concerns fueled by Trump's decision to withdraw from the nuclear deal with Iran. In May, the Trump administration had pulled out of the Iran nuclear deal and brought back economic sanctions against Tehran.

Mueller Probe Drove a 'Wedge' Between U.S. and Russian Federation
Last week, Trump met with fellow North Atlantic Treaty Organisation members, pushing them to increase their spending on defense. Other Republicans weren't as forgiving. "The president must appreciate that Russian Federation is not our ally".

A Kawhi Leonard, 4-team mega-trade involving the Philadelphia 76ers
It wouldn't surprise me in the slightest if Gasol ended up being a buyout candidate with roster spots still looking tight. The Spurs are listed as the second team Leonard will likely play for next season followed by the Lakers and Clippers .

Annabelle Neilson Dead: London Socialite And Alexander McQueen Muse Dies Aged 49
Annabelle Neilson , who starred on the Bravo reality series Ladies of London from 2014-2015, has died. The late star told Daily Mail in 2015: "He was my brother, my boyfriend, my soulmate".

Astronomers Have Discovered a Dozen New Moons Circling Jupiter
A team of astronomers is reporting the discovery of a dozen new moons circling the giant gas planet. These satellites are part of a large group of moons that orbit in retrograde far from Jupiter.

Child stuck in washing machine filling with water
The next day, though, it became obvious that the kids weren't heeding their warnings, and their day got off to a terrifying start. Lindsey posted about the incident on July 7, explaining that she and her husband had just brought home the new machine that week.

Kim Kardashian Defends Forbes Calling Kylie Jenner "Self-Made"
For now, it seems that Jenner is ignoring the controversy and instead promoting her cosmetics line. We might have the opportunity, but I've seen it go the complete opposite way.