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6 Most Important Stories in Business Today

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During a weekend of particularly poor ticket sales, “The Dark Tower” took the top spot at the box office with receipts of $19.5 million. The film is based on a novel by Steven King. “Dunkirk” continued its strong run. According to Box Office Mojo:

Dunkirk finished in second with an estimated $17.6 million, dropping only 34% in its third weekend in release for a domestic cume just shy of $135 million. Internationally, Dunkirk delivered an estimated $25 million from 63 markets bringing its overseas cume to $180.6 million for a global tally that now stands at $314.2 million. Looking ahead, the film opens in Italy at the end of August followed by early September releases in China and Japan.

According to the Financial Times, the United States has collected $150 billion in fines for actions taken by financial firms during the financial crisis that helped trigger the Great Recession.

The value of bitcoins continued to surge and rose 16% Friday to $3,292 apiece.


Alphabet Inc. (NASDAQ: GOOGL) struggled with the fallout of a memo from one of its workers that put the employee diversity efforts of the company in a harsh light. According to Bloomberg:

Illustrating how Silicon Valley is grappling with the role of women in technology, Google’s new diversity chief forcefully pushed back against a male worker’s argument that the company has a “politically correct monoculture” that ignores differences between the sexes.

The engineer, in a memo that has gone viral, provided a detailed list of what he called possible “non-bias” causes for the under-representation of women in the industry, saying that the company’s left-leaning workplace culture prevents honest discussion of the issue.

Facebook Inc.’s (NASDAQ: FB) Mark Zuckerberg probably isn’t running for president after all. According to The New York Post:

Facebook founder Zuckerberg, worth some $70 billion, is continuing to build out his ever-growing political team from within his “foundation,” presumably to enhance philanthropic efforts. Yeah, right.

Let’s be clear: Just because President Trump, a businessman with billions of his own, successfully squashed 17 Republican primary opponents and one Democratic opponent, it does not mean any random billionaire can win the presidency.

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