Surging dollar spurs jump in corporate FX hedging

Corporate treasurers are ramping up efforts to guard company earnings against more dollar strength, a move that some analysts said points to increased conviction that President Donald Trump’s tariff plans will help keep the US currency higher for longer. The US dollar index is about 7% above its September lows, hovering close to a two-year high reached in … Read more

Gloria! Patti Smith reassures fans she’s ‘resting’ after sudden hospitalization in Italy

Patti Smith said she is recovering after she was hospitalized for a sudden illness in Bologna, Italy. (Evan Agostini / Invision / Associated Press) High priestess of punk-poetry Patti Smith said she looks forward to fulfilling her “ happy obligations” after a sudden illness left her hospitalized in Bologna, Italy. The “Gloria” rocker, 76, reassured … Read more

Big Bear’s big outdoors appeal

The Big Bear Gran Fondo almost destroyed Ed Korb. The 47-year-old machinery salesman from Tustin suffered cramped muscles and dehydration and became delusional during the beautiful but grueling 45-mile mountain-bike race in Big Bear Lake last September. After getting so beat up by the ride, which included more than 6,000 feet of climbs and descents … Read more

Johnny Depp’s lawyer weighs in on Justin Baldoni’s ‘very aggressive’ approach in Blake Lively lawsuit

Johnny Depp’s attorney Benjamin Chew — who represented the actor in his defamation trial against Amber Heard — has weighed in on the “It Ends With Us” legal drama. Chew described Justin Baldoni’s approach to the case as “very aggressive” after the “Jane the Virgin” alum launched a website with his amended complaint and an … Read more

Ashanti debunks Irv Gotti’s ‘relationship’ claims: ‘He never tells the full story’

Singer Ashanti, left, addresses the audience during a ceremony in Hollywood on April 7, 2022. Record producer Irv Gotti, right, at the Paley Center in New York on Aug. 19, 2019. (Chris Pizzello / Associated Press; Charles Sykes / Associated Press) Singer Ashanti called out former record label executive Irv Gotti for talking about their … Read more

Irv Gotti, Murder Inc. co-founder, dead at 54: report

Getty Images Irv Gotti — the famed music producer and record executive — has reportedly died. He was 54. The Hollywood Reporter confirmed his passing on Wednesday, February 5, following rumors he had suffered another stroke and brain bleed. 5Irv Gotti attends City of Hope’s 2023 Music, Film & Entertainment Industry Spirit of Life® Gala honoring … Read more

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