Carlyle CEO Kewsong Lee Steps Down Unexpectedly
In a turbulent time for large investors like Carlyle, the company makes a dramatic change in leadership.
TikTok Has Changed Everything, Especially Book Publishing
TikTok’s algorithms take us deeper into ourselves, yet the viral app has profoundly shifted how books get publicity and find new audiences.
The Best PR Firms in America 2022
Here is the Observer’s annual list of the 50 best PR firms in America.
Business
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Jack Dorsey’s Block Feels the Pain of Bitcoin’s Price Drop
Jack Dorsey is an evangelist for Bitcoin, but the cryptocurrency’s price drop is slowing down Block.
Gov Report Shows NYC is Disastrously Unprepared for Heat Waves: Cooling Centers Closed on Weekends, Not Open to Families
The city’s Office of the Comptroller found that around 50% of New York City’s cooling centers were closed on Saturdays and many only accepted people over the age of 60. In addition, the report showed the cooling centers were distributed in an inequitable manner across the city.
Jobs Return to Pre-Pandemic Level, But They’re Not the Same Jobs
All the jobs lost to the Covid pandemic have recovered, but the service and government industries are still struggling to hire workers.
Jury Finds Alex Jones Caused $4 Million in Damages to Sandy Hook Parents
Attorneys for Alex Jones mistakenly forwarded his phone records to Sandy Hook lawyers, who exposed them in court yesterday. They contained some interesting financial information about Infowars.
Grim Reaper Zaslav Comes For Batgirl, HBO Max to Merge With Discovery+
Warner Bros. Discovery’s killing off of the ‘Batgirl’ movie speaks to larger trends happening within the newly merged company.
Entertainment
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Sara Bareilles Makes a Home on Broadway With ‘Into the Woods’
“I grew up a theater kid,” says Sara Bareilles, now on Broadway in ‘Into the Woods.’ “That was where I found my footing as a performer.”
What to Watch on Streaming This Week: August 5-11
This week offers the story of a real-life rescue, an action-packed alien movie, and multiple ’70s throwbacks.
‘Bullet Train’ Might Be the Worst Movie Ever Made
‘Bullet Train’ features the worst assemblage of bad acting ever collected in a single film. There is also a poisonous snake.
Power Lists
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The DeFi Dozen: Here Are the Hottest DeFi Companies of 2022
Observer and CoinDesk studied market capitalization, valuation based on venture investment and more to identify the hottest DeFi companies of 2022. Here they are.
PR Rising Stars 2022
Public relations and marketing is a constantly evolving field, even during a pandemic. For that reason, it’s long been a
The Best PR Firms in America 2022
Here is the Observer’s annual list of the 50 best PR firms in America.
Latest
All Latest
Carlyle CEO Kewsong Lee Steps Down Unexpectedly
In a turbulent time for large investors like Carlyle, the company makes a dramatic change in leadership.
TikTok Has Changed Everything, Especially Book Publishing
TikTok’s algorithms take us deeper into ourselves, yet the viral app has profoundly shifted how books get publicity and find new audiences.
Jack Dorsey’s Block Feels the Pain of Bitcoin’s Price Drop
Jack Dorsey is an evangelist for Bitcoin, but the cryptocurrency’s price drop is slowing down Block.
Gov Report Shows NYC is Disastrously Unprepared for Heat Waves: Cooling Centers Closed on Weekends, Not Open to Families
The city’s Office of the Comptroller found that around 50% of New York City’s cooling centers were closed on Saturdays and many only accepted people over the age of 60. In addition, the report showed the cooling centers were distributed in an inequitable manner across the city.
Sara Bareilles Makes a Home on Broadway With ‘Into the Woods’
“I grew up a theater kid,” says Sara Bareilles, now on Broadway in ‘Into the Woods.’ “That was where I found my footing as a performer.”
Jobs Return to Pre-Pandemic Level, But They’re Not the Same Jobs
All the jobs lost to the Covid pandemic have recovered, but the service and government industries are still struggling to hire workers.
The Best Athleisure to Shop From the Outdoor Voices Summer Sale
The brand’s 30 percent off sale is now live, including their cult-favorite exercise dress.
Jury Finds Alex Jones Caused $4 Million in Damages to Sandy Hook Parents
Attorneys for Alex Jones mistakenly forwarded his phone records to Sandy Hook lawyers, who exposed them in court yesterday. They contained some interesting financial information about Infowars.
Grim Reaper Zaslav Comes For Batgirl, HBO Max to Merge With Discovery+
Warner Bros. Discovery’s killing off of the ‘Batgirl’ movie speaks to larger trends happening within the newly merged company.
Tiger Global Is Losing Its Stripes
The once high-leaping New York hedge fund had a terrible first half of 2022.
What to Watch on Streaming This Week: August 5-11
This week offers the story of a real-life rescue, an action-packed alien movie, and multiple ’70s throwbacks.
Here’s How To Get A Monkeypox Vaccine in NYC
NYC will have 32,000 monkepox vaccines to distribute overall. Here’s the vaccine requirements and where to get one.
Jeff Bezos’s Superyacht Was Quietly Towed Out of a Dutch Shipyard After Local Pushback
The Amazon founder’s yacht was relocated after local residents in the Netherlands refused to dismantle a historic bridge for it to sail through.
Shake Shack Wants You Back in the Office
Shake Shack fell short of its quarterly earnings goal, saying a “muted return to office trend” hampered full urban recovery.
‘Bullet Train’ Might Be the Worst Movie Ever Made
‘Bullet Train’ features the worst assemblage of bad acting ever collected in a single film. There is also a poisonous snake.
SCOOP: Here Is the Money Behind the Climate Activists Gluing Themselves to Artwork
The surge of demonstrators gluing themselves to paintings and sculptures has continued, with another protest taking place at a Milan museum over the weekend. The European protestors have been funded with $1 million by California philanthropists.
Tesla’s Annual Meeting Weighs Everything From Stock Splits to Labor Rights
Tesla’s annual meeting is today, and investors face a packed slate of proposals, from a stock split to labor issues.
What Is AMTD Digital, the Mysterious Meme Stock That Surged 20,000% in a Month?
A little-known fintech company with an annual revenue of $25 million fetched a $300 billion market valuation for no obvious reason.
What to Watch on Streaming
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What’s Leaving Streaming This August
From franchises to indie films, catch these movies before they leave streaming at the end of the month.
What to Watch on Streaming This Week: July 29-August 4
Between indie films and social media satire, this week’s streaming options are overflowing with high-quality content.
What to Watch on Streaming This Week: July 22-28
This week’s recommendations range from Ethan Hawke’s docuseries on Paul Newman and Joanne Woodward to the Russo Brothers’ massive new action movie, ‘The Gray Man’.
Reviews
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Review: Robert Icke’s ‘Oresteia’ Skillfully Brings Greek Tragedy to Today’s Crises
At Park Avenue Armory, writer-director Robert Icke transforms Greek tragedy ‘Oresteia’ for a more postmodern audience.
Review: ‘The Haunting of Hajji Hotak’ Is a Surreal Gamified Tale of the Occupation of Afghanistan
Author Jamil Jan Kochai explores the Logar province of Afghanistan through the short story collection ‘The Haunting of Hajji Hotak.’
Review: A Weak Adaptation of a Rapidly Aging ‘The Kite Runner’ at Hayes Theater
The bestselling novel ‘The Kite Runner’ has been adapted marvelously for screen and now for stage yet a weak adaptation does it no justice.
Arts
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Author Elle Nash Talks Early Internet, Obsession, and New Book ‘Gag Reflex’
Author Elle Nash has a new book ‘Gag Reflex’ out through Clash Books. She sat down with Observer to discuss fiction and much more.
The Never-Ending Art Fraud Battle Between Billionaires Yves Bouvier and Dmitry Rybolovlev Will, of Course, Continue
Since 2015, Russian billionaire Dmitry Rybolovlev has been advocating for charges against Swiss businessman Yves Bouvier, accusing him of art fraud totaling $1 billion. A case against Bouvier dismissed late last year has now been appealed, with a criminal investigation to resume in Geneva.
Events Happening in New York City the First Two Weeks of August
August is a fun month in New York City, full of festivals, music, food, art, and people coming together. Here is a list to stay in the know.
Pinterest Once Again is a Casualty of Other Social Media Companies’ Crises
Pinterest has consistently exceeded Wall Street analysts’ earnings expectations in recent quarters. But its stock price barely reflects it.
The Metropolitan Museum of Art Acquired a Collection of Indian Works Previously Rejected Over Questionable Provenance
The Met has just purchased a number of Indian artworks from late artist Howard Hodgkin’s collection, which was previously offered to the Ashmolean museum and rejected over concerns of provenance.
Mel Magazine Lays off Its Staff, Again
Mel Magazine lays off its entire staff, bringing into question the future of the publication yet again.
Lifestyle
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Manhattan’s Getting a “WeWork For the .01 Percent”
A members-only co-working space is coming to Manhattan, with starting fees priced at $125,000 a head.
The Elegant and Effortless Caftans You’ll Turn to Every Summer
These sophisticated dresses prove style and comfort go hand in hand.
Home Set: Summer Hostess Gifts
From an exclusive tequila and cypress wax palette to a new votive and Diptyque’s latest collection, here’s what we’re loving and coveting at the moment.
The Stylish Smocked Dresses Your Wardrobe Needs Right Now
These frocks are fashionable, comfortable and perfect for summer.
A Lynx Roaming the Streets of Long Island Has Finally Been Captured
After three days of sightings on Long Island, a wandering lynx has finally been captured. Sources say it was being kept as an illegal exotic pet.