Month: August 2022

NEW YORK–(BUSINESS THREAD)–Schrodinger, Inc. (Nasdaq: SDGR), the physics-based software platform transforming the way therapeutics and materials are discovered, today announced the granting of incentive equity awards to the company’s new CFO, Geoffrey Porges, MBBS . As previously announced, Dr. Porges joined the company on August 18, 2022. The grants were approved by the compensation committee of the board of directors pursuant to a delegation from Schrödinger’s board of directors, effective as of August 18 August 2022 and as incentives. material to the acceptance of Dr. Termination of employment with the Company pursuant to Nasdaq Listing Rule 5635(c)(4). The incentive grants…

Corporate giants JP Morgan, CBRE and Accenture have established corporate outposts in the metaverse, but one of the industry’s biggest developers thinks virtual offices are a waste of time. Janine Yorio, chief executive of metaverse developer and investment fund Everyrealm, told Financial News that most metaverse workspaces are part of “marketing efforts” and lack “a clear path to utility.” “When [companies] build an office in the metaverse… they don’t really know why people would come, but they think they should because the metaverse is a trending topic. There are a lot of offices sitting out there in several different metaverses…

Disney is under pressure to spin off ESPN, the sports-focused division that has been its traditional profit driver.Credit…George Ruhe/The New York Times Third Point, an activist investment firm, has bought a new stake in entertainment giant Disney and is pushing for the company to make a series of changes, including splitting off ESPN, quickly taking full control of the service of Hulu streaming and the installation of new board members. , according to a letter sent to Disney, a copy of which was obtained by the New York Times. Third Point, which is run by billionaire investor Daniel S. Loeb,…

Share the market today: The Indian market closed higher today. Sensex rose 37.87 points to 60,298 and Nifty gained 12 points to 17,956. The Sensex closed above the 60K mark after four months on Wednesday amid positive global cues. Sensex rose 418 pts to 60,260 and Nifty gained 119 pts to 17,944. The 30-share index last touched the 60K level on April 5, 2022. The index closed at 60,176 in that session. Out of 30 Sensex stocks, 23 ended in the green. Twins Bajaj, Bharti Airtel and Tech Mahindra were the top gainers in the Sensex, rising as much as…

Bed bath and beyond (BBBY) — one of the original meme shares along with GameStop (GME) i AMC Entertainment (AMC) – rallied in early 2021 as a buying frenzy fueled by Reddit and social media spurred tremendous shorting despite lousy company fundamentals. Bed Bath & Beyond’s stock has risen again in recent weeks. But is Bed Bath & Beyond stock now a buy or a sell? X BBBY shares have soared this month amid revived interest in the struggling home furnishings retailer. Gains accelerated Tuesday after GameStop Chairman Ryan Cohen disclosed in federal filings late Monday that he owns call…

LONDON – When he heard there would be a three-day traffic strike starting Thursday, Bereket Tsegay started checking train times daily to make sure he would make his train to London from Brighton on the coast south of England where he works. The last strike had caught him three hours late. But while he was saved, Mr. Tsegay said it left him frustrated with both operators and unions. “I don’t feel safe until I go to see my train, because anything can happen,” he said. “We, the customers, are the victims,” ​​he added. “Why should I become a victim of…

As kids and teens get ready to “go back to school,” now is the time for adults to go “back to square one” when it comes to their finances. Get yourself a financial checkup. Look at the current state of your finances and find out what you need to do to get (or stay) on track so you can reach your financial goals. How are you spending, borrowing, saving, investing and protecting your money? What changes should you make now to help deal with the impact of rising prices, higher interest rates and financial market volatility on your portfolio and…