The latest on Europe’s terrorism crisis
Police carried out raids in Brussels, Belgium, on Thursday, a day after authorities did so in Paris. New York City’s mayor said his city won’t be intimidated by the Islamic State, despite Times Square appearing in a new propaganda video. Police said there is no credible threat. Update: French authorities said they killed Abdelhamid Abaaoud, the suspected mastermind of last week’s attack, in Tuesday’s raid.
Public affairs repercussions
Hillary Clinton will lay out her strategy for taking on the Islamic State while addressing the Council on Foreign Relations on Thursday. The House of Representatives will vote on altering the US’ program to relocate Syrian refugees. President Obama has vowed to veto any changes.
Two firms make big promotions on the West Coast
MWW has upped JP Schuerman to president of the firm’s Western region from EVP and GM. Meanwhile, PulsePoint Group has named Grant Toups as managing partner, giving him day-to-day oversight of the agency. Founders Jeff Hunt and Bob Feldman are sticking around.
Will bizarre article hurt Tinder parent’s IPO?
Observers are buzzing about whether a strange interview with Tinder CEO Sean Rad, in which he offers too much information about his sexual conquests, will hurt parent Match Group’s Thursday IPO. The company has disavowed his statements. Square is also going public.
Volkswagen regional CEO apologizes…again
Volkswagen of America CEO Michael Horn apologized again to customers on Wednesday at the Los Angeles Auto Show, saying a fix for its emissions software will arrive soon. The automaker is set to meet with US regulators this week.
Pfizer and Allergan close to teaming up
Pharma giant Pfizer is close to acquiring Allergan for $150 billion in a deal that would see it relocate to Ireland for tax purposes, to the chagrin of the US Treasury Department.
NY to boost tourism marketing
New York State is planning to set aside $50 million for tourism marketing, Governor Andrew Cuomo said at a tourism summit in Albany on Wednesday. It will target Australia and Puerto Rico as key markets. Tourism means $100 billion in economic impact for the state.