Mark Penn may take the helm at MDC Partners. The Stagwell Group, the company founded by Penn, who was also a consultant to Bill and Hillary Clinton, is planning to make a $100 million investment in advertising company MDC Partners Inc. As part of the deal, Penn could become CEO of MDC. (Ad Age)
Apparently, Carlos Ghosn was not dressing for the job he wants when he wore an odd outfit while leaving a Japanese detention center. On Wednesday, the media spotted the former chairman of Nissan leaving the center wearing a blue cap, surgical mask and a construction worker’s outfit. Ghosn had been released after agreeing to numerous conditions and paying 1 billion yen ($9m USD). On Friday, his lawyer admitted the outfit was his plan to hide Ghosn from the media. (Associated Press)
SXSW is known for tech, music, and now politics. USA Today reports that the Austin conference has become one of the first campaign stops for candidates in the 2020 presidential election with Democratic Sens. Amy Klobuchar, of Minnesota, and Elizabeth Warren, of Massachusetts; former U.S. Housing and Urban Development Secretary Julián Castro; and former Colorado Gov. John Hickenlooper all attending.
As resignation letters go, Cowboys’ defensive lineman David Irving’s was unique. Irving went on Instagram Live Thursday night and critiqued the NFL’s drug policy — while apparently smoking pot — and said he won’t be part of the NFL anymore. "Basically guys, I quit," he said. "There’s a lot of (expletive) (expletive) up with the league." Irving said the league should support his use of pot instead of opioids to treat pain. The NFL has suspended Irving indefinitely for violating its drug policy. (USA Today)
Former Trump campaign chairman Paul Manafort, was sentenced Thursday, to nearly four years in prison the Associated Press reports, a period much smaller than what sentencing guidelines call for. Manafort has been jailed already for nine months, which will likely reduce the sentence to less than three years, and it may be reduced further for good behavior. However, Manafort still faces sentencing for conspiracy charges in federal court and could get 10 more years in prison. That decision comes next week.