GORiLLAHiTTTLiST FM LOS ANGELES
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The only guests invited on Ghosn's private escape jet
U-Haul's got an aggressive new resolution: It won't offer jobs to smokers (in the 21 states where it's legal to discriminate against smokers).
Markets were already kicking off 2020 at record highs — then the Dow surged 330 points on the first day of trading.
Ghosn with the Wind: How the ex-CEO of Nissan escaped trial in Japan
The name's Ghosn. Carlos Ghosn... The disgraced former all-star CEO of Nissan and Renault has stealthily escaped house arrest in Tokyo, where he was awaiting trial for fraud and other financial crimes (the bad kind of money moves). This news didn't affect those car companies' businesses (or stocks), because Ghosn's the former CEO, but here's the scene-by-scene:
"I am dumbfounded"... The words of Ghosn's lawyer (everyone else is baffled, too). But one thing is clear: it took months of planning, and he couldn't have done it alone. Now that he skipped trial to avoid "injustice" (his words) and forfeited $14M in bail, he may have to spend the rest of his life in Lebanon (they've got no extradition treaty with Japan).
Car execs earn 007-style respect... Successful ones can achieve heroic personas because cars are fundamental parts of the global economy (everyone uses them, they create millions of jobs, and can even influence national pride). Ghosn was idolized for rescuing a failing Nissan from bankruptcy with cost-killing powers — So Japan featured him in comic booksand Lebanon still thinks he's a hero (see: "We Are All Carlos Ghosn"). He became a villain in Japan, and now this escape deserves an Oscar.
Apple TV+ steals the guy who made HBO become HBO
For "Best Leading Man in an Executive Role"... Apple selects ex-HBO CEO Richard Plepler. Now that the tech company launched its Apple TV+ paid streaming service last November, it's hoping the media legends will come. To start, Apple just cast Plepler to train it for the Streaming Wars:
This says more about HBO than Apple... The media icon that brought us The Sopranos and "winter is coming" is now owned by AT&T. Plepler wanted a "Chinese wall" between HBO's creatives and their new telecom-ish parent company (he's got a “Don’t let anyone monkey with your swing” sign on his desk) — but AT&T disagreed. So Plepler quit last March.
The media industry probably never started a year this confused... Take streaming:
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In : Technical Analysis
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