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Oscars
Chris Rock held no punches in a monologue on Hollywood's lack of diversity. Spotlight won best film, Alejandro Iñárritu best director and Leonardo DiCaprio his first Oscar.
Valeant
CEO Michael Pearson returns from medical leave. The pharma giant canceled the earnings report scheduled for today.
China
Intends to lay off 1.8 million workers in the steel and coal industries. Beijing is correcting for industrial overcapacity.
Starbucks
Will open its first store in Italy next year. “We’re going to come here with great humility,” CEO Howard Schultz promises.
Quote
"We want opportunity. We want black actors to get the same opportunities as white actors. That's it."
Chris Rock, comedian and host of the Oscars
Daily Top Headlines:
Animation: Lewis Clinch
Script: Katie Carroll, Isabelle Roughol
Art: Jacqueline Zaccor
Producer: Florencia Iriondo