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December 28, 2018 3:39 PM NBA sends memo to teams as reminder of anti-tampering rule

In the aftermath of LeBron James' public comments on the possibility of New Orleans Pelicans star Anthony Davis joining James with the Los Angeles Lakers, the NBA sent a memo to teams that warned of consequences for orchestrated tampering campaigns of players under contract elsewhere. In a memo obtained by ESPN on Friday morning, league counsel seemed 78

December 21, 2018 7:55 PM Citi regional executives get new responsibilities in 2019

(Reuters) - Citigroup Inc (C.N) has divided up the roles of outgoing North America Chief Executive Bill Mills, according to an internal memo seen by Reuters. Mills’ retirement was announced in September and changes will be effective starting next month, the memo signed by CEO Mike Corbat said. Citibank National Association CEO Barbara Desoer will chair 93

December 18, 2018 9:08 PM Citi reorganizes prime brokerage unit

(Reuters) - Citigroup Inc (C.N) is shuffling its prime brokerage business, according to an internal memo seen by Reuters, amid reports that the unit could lose millions on a bad loan to an Asian hedge fund. Bloomberg earlier reported that Citi faces a loss of up to $180 million related to risky foreign-exchange bets. Citi and the hedge fund are in talks 90

December 8, 2018 11:38 AM 'Grinch' principal on leave after attempt to ban Christmas items from school

A school principal caused a commotion in Nebraska by trying to ban some Christmas-related items. (iStock) Some Nebraskans are calling an elementary school principal a Grinch after she issued a memo to school staff that prohibited certain Christmas decorations and other religious symbols. Jennifer Sinclair of Manchester Elementary in Elkhorn, Neb., was placed 92

December 7, 2018 1:39 AM Nebraska principal reportedly bans candy canes, says 'J shape' stands for Jesus

An elementary school principal in Nebraska was placed on leave after telling teachers to avoid decorating their classrooms with Christmas-themed ornamentations so as not to offend those who don't celebrate the holiday. The principal at Manchester Elementary School, identified by Fox affiliate KPTM as Jennifer Sinclair, sent out a memo earlier this week with guidelines 93

November 29, 2018 7:10 PM YouPorn Strikes Back, Bans Starbucks From its Office and Switches to Dunkin'

YouPorn is now all about the D -- as in, Dunkin' -- because it's getting revenge on Starbucks for blocking Internet porn in its stores ... TMZ has learned. Reps for YouPorn tell TMZ ... the porn giant is now strictly pushing Dunkin' coffee on its workforce. The company's VP sent a memo to employees announcing a ban on all Starbucks products from YouPorn 124

November 29, 2018 4:01 PM Goldman names co-chief operating officers for Asia investment banking unit, ex-Japan

(Reuters) - Goldman Sachs Group Inc (GS.N) has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excluding Japan, according to a memo seen by Reuters. Arth is currently head of the financing group in Asia Pacific, excluding Japan, while Drayton leads the financial and strategic investors 103

November 13, 2018 10:22 PM Starbucks to lay off 350 global corporate employees

(Reuters) - Starbucks Corp (SBUX.O) is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters. The elimination of the non-store employees is part of a restructuring plan that Johnson unveiled in September in an attempt to make the company nimble enough to tackle rivals 91

November 5, 2018 1:21 PM Citigroup appoints Philip Drury head of EMEA investment banking: memo

(Reuters) - Citigroup Inc (C.N) named Philip Drury to run its London-based banking, capital markets and advisory business across Europe, the Middle East and Africa, according to a memo seen by Reuters. Citi, in September, overhauled its investment bank structure to combine its capital markets and corporate and investment banking divisions into a new banking 82

November 4, 2018 7:10 PM Amazon in 'advanced talks' to build new HQ near DC

Retail giant Amazon Inc. is in "advanced talks" to open its second headquarters in the Washington, D.C., metropolitan area, The Washington Post reported Saturday. Amazon, based in Seattle, is apparently seriously considering an area known as Crystal City. It's a large residential and office complex in Arlington, Virginia, just south of Washington, the Post said, citing 135