Dozens of Harvey Weinstein's accusers have reached a tentative $25 million payout deal with the movie mogul and his studio board as part of a larger $47 million settlement, the New York Times reports.
The big picture: The overall settlement — meant to close out the Weinstein Company's obligations as it works through bankruptcy proceedings — would reportedly bring to an end nearly all sexual harassment and rape lawsuits against Weinstein, per the NYT.
House Speaker Nancy Pelosi said she believes Hollywood and the media helped Donald Trump become president "and that is really a sad thing," in a new interview with actress and director Olivia Wilde in the Hollywood Reporter.
The state of play: Pelosi is expected to bring a vote on impeachment to the House floor.
The New York Stock Exchange on Wednesday filed a new proposal with federal regulators, aimed at allowing companies to raise money via direct share listings.
Details: The proposal has slightly different numbers than the original effort, which the SEC rejected last week, but still would help companies go public without relying on Wall Street banks to price their shares.
The national capital region (Washington, D.C., metro area) accounts for 12% of all U.S. workers in the information security field — more than double the San Francisco Bay Area.
Yes, but: When it comes to artificial intelligence talent, San Francisco and Seattle have almost 40% of the total workforce.
Infrastructure, housing and climate change are among the top issues mayors want Democratic 2020 presidential candidates to address if elected.
Why it matters: City leaders aren't satisfied with the 2020 field's attention to concerns that are worsening inequality and undermining the safety and financial security of millions who live in cities.
A closely-watched index of CEO hiring, sales and spending plans declined again, according to a survey of some of the biggest corporations in the U.S. by Business Roundtable, their trade group.
Why it matters: The survey has shown declining optimism for almost two years. As we get closer to the 2020 election, the record-high CEO optimism levels that peaked during Trump’s presidency have now vanished — largely thanks to trade war uncertainty.
Intel revealed its racial and gender pay discrepancies on Tuesday.
What they said: Among 52 top executives at Intel, who all earn more than $200,000, 77% are white or Asian men and eight are white women. There is one Asian woman, one Hispanic woman, one black woman and one black man, with no Hispanic men counted among the top executives.
The stock market's magnificent bounce in 2019 has been hard to explain and fueled largely by factors like stock buybacks and central bank easing.
The big picture: But to see an increase in their share prices next year, U.S. companies will have to actually increase their earnings, experts say, a factor that's been notably absent from this year's rally.
Democratic presidential candidate Pete Buttigieg told MSNBC's "'The Rachel Maddow Show" Tuesday night that he doubts his McKinsey & Company consulting work with health insurer client Blue Cross Blue Shield of Michigan led to layoffs after he left.
