'As the head of Disney’s head of PR for just three months, from January to April of last year, Morrell made about $150,000 a day,' writes Allison Morrow | Analysis
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Reporters often joke that journalists are going to the “dark side” when they go into PR. After reading about Geoff Morrell, a hero I didn’t know I needed, I understand the temptation.
billion Citadel is now the most successful hedge fund ever after bringing in $16 billion last year. The Miami-based fund, founded and run by Ken Griffin, topped the 2022 ranking of the world’s best-performing hedge funds based on estimates from LCH Investments. Citadel’s record-breaking performance last year took total gains for the fund since its inception to nearly $66 billion. That knocked Ray Dalio’s Bridgewater — with gains of $58.
As I gaze into my 2023 crystal ball, I’m envisioning the business and economics stories that will so dominate the news that you’ll all be sick of them soon. I’m seeing the words “recession,” “crypto,” “debt ceiling,” the “M&M’s spokescandy scandals…” And yet, I am bound my duty as a journalist not to shy away from the hard candy shell news.
Last year, M&M’s unveiled a new look for its anthropomorphized candy characters.
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