San Francisco’s Big-Hatted ‘Beach Blanket Babylon’ to Close after 45 Years

Image“Beach Blanket Babylon,” a long-running San Francisco musical revue known for its giant hats and silly spoofs, will close on New Year’s Eve.Shown here is the finale of the 2018 New Year’s Eve performance at Club Fugazi.

Amid Ad-Industry M&A, Omnicom Says It Isn’t Looking for Big Deals

The ad giant will continue to focus on bolt-on acquisitions and data partnerships, the company said Tuesday during its first-quarter earnings call with analysts.“If I or the team felt threatened in any way, we’d look for the appropriate acquisitions to complete our offerings to our clients,” Omnicom Chief Executive John Wren said.

E-tailers, startups plan to go big on hiring delivery staff

It is supposed to go up to 121,600 by the end of the year, said co-founder Rituparna Chakraborty.BigBasket, which joined the unicorn club in March-end with a further $150 million in funding, is set to hire 4,000-5,000 delivery boys across the country.

Big Companies Thought Insurance Covered a Cyberattack. They May Be Wrong.

Merck sued more than 20 insurers that rejected claims related to the NotPetya attack, including several that cited the war exemption.ImageA Russian computer hacked by malware in the so-called NotPetya attack, which started in Ukraine and spread around the world.

Sliding Freight Rates Send More Big Bulk Ships to Scrapyards

Cranes unload imported iron ore from a ship in China.ET

A sharp decline in dry cargo ship freight rates in the first quarter sent more giant ships to scrapyards in Southeast Asia in the first three months of the year.

These Funds Rode Small Companies to Big Returns

CreditCreditKyle Johnson for The New York TimesThree of the first quarter’s top-performing mutual funds won big by favoring small- and midcap growth stocks, toting up quarterly returns of 25 percent or more.That stock was lately one of only 31 in the fund, compared with 157 for the average actively managed United States stock fund tracked by Morningstar.

The 50 millisecond race: Zerodha battles outages, braces for a big new threat

But the Kamath brothers — Nithin and Nikhil — and the 1,200-odd employees of Zerodha were not done yet.The reason: The Bengaluru-based discount-broking company pipped ICICI Securities in January to become India’s largest stock broker.

Big-Bank Chiefs, Democrats Spar at House Hearing

The retail banking industry is undergoing another major shift, and the future looks high-tech, sophisticated, and, for big banks, very urban.Photo: Shaumbé Wright/The Wall Street JournalWASHINGTON—The chief executives at seven of the largest U.

Electronic medical records have given big global healthcare players much pain. How Devi Shetty’s Narayana Health is seeking a cure.


Devi Shetty, chairman, Narayana Health, with Sudha Murthy, chairperson, Infosys Foundation, during a press conference to announce the completion of 100 successful robotic surgeries by Narayana Health in Bengaluru.During its early attempts to develop an electronic medical record (EMR) system, Narayana Healthcare was in talks with one of India’s top three IT firms.

Media Companies Take a Big Gamble on Apple

ImageHe's a news media mogul now: Tim Cook at last week's Apple News Plus rollout event.Wasserstein, the chief executive of New York Media, the publisher of New York magazine and web titles like The Cut and Vulture.

Stocks took a big hit Friday, and these shares fell the most




Bank lending finds a big boost in shadow banks

This is the highest growth in any loan segment reported by banks, while credit to manufacturing fell 0.38 PM ISTAgenciesAt the end of January 18, bank loans to NBFCs stood at Rs 557,600 crore as against Rs 376,000 crore a year ago.

Apple’s Big Spending Plan to Challenge Netflix Takes Shape

, for one of those Apple showcases, with the chief executive, Tim Cook, commanding the stage before a crowd of loyalists.In 2018, there were nearly 500 scripted television shows available in the United States, with Netflix spending at least $8 billion on new content.

Sebi tells PE and VC funds: No side deals with big investors

The norm — though a given in the world of private equity (PE) and venture capital (VC) funds — is under the scrutiny of the capital markets regulator.Since alternative investment funds or AIFs in regulatory parlance is a pooled vehicle, Sebi believes that all investors in each class should enjoy uniform terms.

A Better Way to Break Up Big Tech

The ShiftImageSenator Elizabeth Warren, Democrat of Massachusetts, has a proposal for breaking up big tech companies.)The problem with applying a one-size-fits-four model to tech, as the industry analyst Ben Thompson has written, is that the large tech companies have different business models that pose different anti-competitive risks.