Personal Finance

A day in the life of Verge editor in chief Patel

Nilay Patel

Leigh-Ann Jackson writes for The New York Times about The Verge editor in chief Nilay Patel and his typical day during the pandemic.

Jackson writes, “Nilay Patel misses laughing at headline ideas and goofing around in the hallways of the Lower Manhattan offices of The Verge, the tech-news site he leads. Any other year, he and his staff would be buzzing around, having a field day with all of the big device launches that usually coincide with the holiday shopping season. Instead, they are comparing notes remotely, via Zoom and Slack.

“The Verge, owned by Vox Media, covers technological advances, electronics reviews and who’s who in the realm of digital creation. In addition to overseeing coverage of the latest video game console or earbuds, Mr. Patel, 39, hosts two podcasts: Decoder, which focuses on how business, tech and government policy collide, and The Vergecast, which recaps

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KC Crain named CEO of Crain Communications

KC Crain

KC Crain was named CEO of Crain Communications Inc., the Detroit-based, family-owned media company that is the parent company for Pensions & Investments and nearly 20 other trade and business titles.

A story on Pension & Investments states, “He had been president and chief operating officer. His father, Keith E. Crain, remains chairman of the board.

“The action was ratified at the company’s annual board meeting Nov. 18.

“‘We’re proud of the 104-year legacy of our company and of the continued leadership from within our family,’ Keith Crain said. ‘KC has done a terrific job of steering our company in recent years, including strategic acquisitions. This year in particular has been challenging for many media companies, and KC and his entire team have led us to a successful year.’

“A companywide effort to increase paid subscribers began even before the coronavirus pandemic. The result is an

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Guitar Center files for bankruptcy court protection

Guitar Center has filed for Chapter 11 bankruptcy protection, becoming the latest nonessential retailer to fall victim to the pandemic.

Bloomberg’s Katherine Doherty reported:

Guitar Center Inc., the largest U.S. retailer of music instruments and equipment, filed for bankruptcy after the coronavirus pandemic kept customers at home and job losses made them less able to afford new gear.

The filing in the Eastern District of Virginia gives the company a break on its debts by letting it stay in business as it seeks to carry out a restructuring plan. A turnaround will be complicated by the fact that the company’s stores were shut in mid-March to help stop the spread of the Covid-19 outbreak. It has reopened locations while maintaining e-commerce operations.

Alexis Benveniste from CNN wrote:

Guitar Center has 269 locations, many of which are in malls that had been struggling long before Covid-19. Foot traffic in

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