Latest news with #CenterviewPartners
Bloomberg
2 days ago
- Business
- Bloomberg
Blair Effron: How CEOs Are Navigating Trump-Era Policies
Despite President Trump's tariff policies, America's top CEOs have adapted quickly by embracing AI and making nimble business decisions. Centerview Partners Blair Effron warns that structural issues like the ballooning federal debt and high urban taxes, especially in places like New York, pose long-term risks if left unaddressed. He argues that both political parties must move beyond ideological extremes and focus on practical solutions that support growth, affordability, and broad-based opportunity. (Source: Bloomberg)
Bloomberg
3 days ago
- Business
- Bloomberg
AI Boom, Entry-Level Bust: Why College Grads Are Struggling to Land Jobs
As artificial intelligence transforms the job market, recent college graduates are finding it harder to land entry-level roles in competitive fields like tech and finance — even with strong résumés and top internships. Economists point to a surge in AI adoption, along with a slowdown in post-pandemic hiring, as key factors driving unemployment among college grads above the national average. Financial leaders like Centerview Partners' Blair Effron warn that although the AI revolution will boost long-term productivity, short-term impacts on employment will be swift and dramatic. (Source: Bloomberg)
Bloomberg
4 days ago
- Business
- Bloomberg
Entry-Level Jobs at Risk, Tariffs & Textile Companies, Powering Data Centers
This week, college graduates struggle to find entry-level jobs: is AI part of the problem? And, Centerview Partners' Blair Effron on CEOs weathering policy uncertainty, and the importance of New York's next mayor to the city's business community. Plus, how will President Trump's tariffs impact the textile industry? Later, a small town pushes back against an Amazon data center - the pros and cons the town sees in data centers. (Source: Bloomberg)
Bloomberg
4 days ago
- Business
- Bloomberg
United Site Services, Lenders Re-Engage Advisers for Debt Talks
Platinum Equity -backed portable toilet company United Site Services is working with advisers as its performance continues to struggle, according to people with knowledge of the matter. The cash-strapped company re-engaged PJT Partners Inc. and Milbank, while a group of lenders has tapped Centerview Partners for debt advice, said the people, who asked not to be identified discussing a private matter. The lender group, which holds more than half of the debt, previously hired Akin Gump Strauss Hauer & Feld, Bloomberg previously reported.
Yahoo
5 days ago
- Business
- Yahoo
Kenvue forecasts annual profit below estimates amid strategic review
(Reuters) -Kenvue forecast its annual profit below Wall Street estimates and largely met quarterly earnings expectations on Thursday, amid a strategic review at the consumer health company. The Band-Aid maker in July had ousted its CEO Thibaut Mongon, a move that some investors said could lay the groundwork for an eventual sale of the entire company or pieces of it. The company had then said it created a committee, advised by investment bank Centerview Partners and consulting firm McKinsey, to weigh portfolio simplification and potential divestitures. The review continues to advance and the board is considering a broad range of potential alternatives, it said on Thursday. Kenvue forecast annual adjusted profit in the range of $1.00 to $1.05 per share, below analysts' estimate of $1.13 per share, according to data compiled by LSEG. The company posted an adjusted profit of 29 cents per share, compared with the estimate of 28 cents per share. Its shares were down marginally in premarket trading. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
