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Equities under pressure, Morgan Stanley layoffs

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Equities under pressure Watch Morgan Stanley Earnings on deck 1. Equities under pressure Stocks fell Tuesday morning, with all three major U.S. benchmarks down more than 1% . The drop comes as investors look to decisions on interest-rate hikes from the Federal Reserve and European Central Bank this week. Both central banks are expected to raise rates by at least 25 basis…

Morgan Stanley plans 3,000 layoffs

The logo of Morgan Stanley is seen in New York Shannon Stapleton | ReutersAs Wall Street's slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America and Citigroup have turned to job cuts in recent weeks.Morgan Stanley plans to eliminate roughly 3,000 positions by the end of June, according to a person with knowledge of the plans.That equates to roughly 5% of the New York-based bank's workforce when excluding the financial advisors and support staff who will be spared in the…

Paul Stanley of KISS dives into transgender discussion

Paul Stanley of KISS, who hasn’t hesitated with self-expression as the rock band’s “Starchild,” on Sunday shared his thoughts about the difference between teaching acceptance of trans people and “encouraging” children to question their own gender as a matter of course. The rhythm guitarist and vocalist, who has four children ages 11 to 28, posted a statement Sunday on several social media platforms under the title “My Thoughts on What I’m Seeing.” “There is a BIG difference between teaching acceptance,” Stanley wrote,…

KISS’ Paul Stanley slams sex reassignment for kids: ‘DANGEROUS FAD’

Breadcrumb Trail Links Music Celebrity 'Parents normalizing it as some sort of natural alternative' Published May 01, 2023  •  Last updated 8 minutes ago  •  3 minute read Paul Stanley seen in New York City in this 2021 file photo. Photo by Charles Sykes /AP Article content Paul Stanley has spoken out against parents who push gender reassignment, calling sex changes for children a “sad and dangerous fad.” Advertisement 2 This advertisement has not loaded yet, but your…

Stanley Tucci on how wife Felicity Blunt helped him through ‘brutal’ cancer treatment’

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeStanley Tucci has opened up about how his wife, the literary agent Felicity Blunt, helped him through his treatment for oral cancer.The Devil Wears Prada actor, 62, who was diagnosed with the illness in 2017, told Willie Geist on Sunday Sitdown that “it was terrifying” when he first learned he was sick.Tucci reflected on how he and his late wife, Kate Spath-Tucci, had “travelled all…

Stanley Tucci Credits Wife, Emily Blunt for Cancer Treatment Support – The Hollywood Reporter

Stanley Tucci is opening up about his 2017 oral cancer diagnosis and whom he thanks for helping him get through the tough times. The Citadel actor recently told Willie Geist on Sunday Sitdown that “it was terrifying” when he first learned he had the disease. Tucci said he and his late wife, Kate Spath-Tucci, “traveled all over the world trying to find a cure for her” before she died from breast cancer in 2009. “So when I got it, I was completely shocked,” he explained. “I was terrified,…

Stanley Tucci and Richard Madden have James Bond fans all shaken up

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeStanley Tucci and Richard Madden sent James Bond fans into a spin with an Instagram video shared Friday (28 April).The latter actor has long been among the top favourites to take over from Daniel Craig as 007 following his final outing in 2021’s No Time to Die.In Tucci’s Instagram clip, he and his Citadel costar are at a bar drinking martinis.“How’s yours,” Tucci asks, to which Madden…

Stanley Tucci names ‘horrible’ film role he’d never play again: ‘It was a tough experience’

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeStanley Tucci has reflected on his decades-long acting career and identified the one role he’d never want to reprise.Years after the 62-year-old actor found his breakout success playing convicted murderer Richard Cross on the 1995 two-season legal drama Murder One, he landed an even darker role.In 2009, Tucci played serial killer and rapist George Harvey in director Peter Jackson’s…

Ex-Morgan Stanley advisor charged in alleged NBA fraud

Courtney Lee #5 and Chandler Parsons #25 of the Houston Rockets come together during their game at Staples Center on April 6, 2012 in Los Angeles, California.Andrew D. Bernstein | National Basketball Association | Getty ImagesFormer Morgan Stanley advisor Darryl Cohen was arrested on Thursday morning for allegedly defrauding current and former NBA players including Jrue Holiday, Chandler Parsons and Courtney Lee.Cohen is charged with one count of conspiracy to commit wire fraud and one count of wire fraud, according to…

Stanley Black & Decker to Close Texas, South Carolina Plants

​ Stanley Black & Decker Inc. SWK 1.22% said it is closing factories in Texas and South Carolina, relocating some operations to Tennessee facilities as the company revamps its manufacturing and distribution network.The Connecticut-based tool maker said the moves would affect the jobs of 357 employees. Eighty jobs will be added in Tennessee, the company said.  “These actions are aligned to the transformation strategy designed to deliver $2 billion of cost savings and…