Profitloss Centerstage Events

An announcement by Facebook CEO to donate his wealth took centerstage on Tuesday, 1 December 2015 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 5

Facebook CEO Mark Zuckerberg announces plans to donate 99% of...

Facebook CEO Mark Zuckerberg announces plans to donate 99% of his and his wife's company stock, valued at around $45 billion, to promote equality and advance human potential for all children.

Monday, 30 November, 2015

A study from NYU Langone Medical Center reveals that long-term...

A study from NYU Langone Medical Center reveals that long-term exposure to emissions from coal-fired power plants is significantly more detrimental to the heart, five times more harmful than other forms of carbon pollution.

Tuesday, 1 December, 2015

Raymond James Financial agrees to acquire Deutsche Bank's U.S. private...

Raymond James Financial agrees to acquire Deutsche Bank's U.S. private client services unit, adding approximately 200 advisers to its full-service brokerage division. The deal, excluding Deutsche Bank's U.S. private bank, is expected to close in the third quarter of 2016, as Raymond James aims to expand its brokerage force and retain the acquired advisers.

Wednesday, 2 December, 2015

Norfolk Southern rejects Canadian Pacific Railway's offer of over $28...

Norfolk Southern rejects Canadian Pacific Railway's offer of over $28 billion, stating that the combination would result in a smaller and less competitive railroad. Norfolk Southern's board unanimously turned down the bid, emphasizing that the merger lacked scale and scope, potentially disadvantaging the new railroad and diminishing shareholder value.

Thursday, 3 December, 2015

Delegates at the Paris Climate Change conference reach a draft...

Delegates at the Paris Climate Change conference reach a draft agreement after four years of negotiations. The document spans 48 pages and includes concerns from various countries as an annex. However, there are concerns about potential compromises made to reach a deal and the responsibility placed on ministers to agree upon key points.

Friday, 4 December, 2015

Finland plans to launch a universal basic income experiment in...

Finland plans to launch a universal basic income experiment in 2017, providing a monthly payment of €800 to all citizens regardless of income level. This program aims to replace the current benefits system and test the feasibility of a universal basic income approach in Finland.

Saturday, 5 December, 2015

Beijing issues its first red alert for pollution, leading to...

Beijing issues its first red alert for pollution, leading to school closures, halting outdoor construction, and car use restrictions due to hazardous air quality. The city government takes action to address the severe pollution problem affecting the region.

Sunday, 6 December, 2015