The Fortune 500 Without Immigrants Would Be A Shadow Of Itself

“More than 40 percent (43 percent) of today’s Fortune 500 had a first- or second-generation immigrant among their founders, even though just 14 percent of the U.S. population is foreign-born. Nearly a fifth (18.4 percent) of these companies were founded by first-generation immigrants, and another quarter (24.8 percent) were founded by their children. All told, these 216 immigrant-founded companies accounted for $5.3 trillion in global revenue in 2016 and employ more than 12 million workers worldwide. Immigrant-founded companies make up more than half of the Fortune 25 (52 percent) and Fortune 35 (57 percent).”

Will The Gulf States’ Extravagant Cultural Projects Change The Story Of Art History?

“The museum, which opened in November, fits with a wider cultural movement in the Gulf. Over the past decade, the region has begun a sort of cultural arms race, one that counters its image as a wealthy desert with little culture or history. I.M. Pei’s Museum of Islamic Art opened in 2008 in Doha, and when it is completed in a year or so, Jean Nouvel’s desert-rose design for the National Museum of Qatar may even surpass his vision for the Louvre.”

Low-Cost Housing For Artists Is Yet Another Victim Of Senate’s Tax Bill

“An amendment [added by Sen. Pat Roberts (R-Kansas) would strike artists’ housing from the list of qualified groups who can benefit from federally subsidized low-income housing. … Moreover, as written, the law would also render all existing artists’ housing developments built with housing credits retroactively ineligible for the benefit – creating a sudden tax liability for the investors who have used these credits for years.”

Why Is The Suzanne Farrell Ballet Closing?

Marina Harss asked Farrell, who answered – “enigmatically,” notes Harss – “I don’t really know. If I had my choice I would go on forever.” Kennedy Center representatives, for their part, say only that the facility’s upcoming expansion provides “a natural moment to transition” and that Farrell could “expand her teaching” there after construction is completed.

Post-Weinstein, Will Hollywood Really Change?

What now? Sexual predators can be fired; assaulters presumably punished. These measures may bring relief and perhaps justice to victims, and they may scare abusers from doing more harm. But we are talking about the movie business, an industry that has systematically exploited some women while shutting others out of positions of power. Integrating more women into this male-dominated sphere may not automatically right the balance.

Cleveland Orchestra Reports A Widening Deficit For Second Year In A Row

Executive director Andre Gremillet said three factors contributed to the shortfall: a decline of $383,000 in Annual Fund giving, a drop of $551,000 in “special” fundraising and, most significantly, a loss of major gifts in support of the orchestra’s Miami residency. Earlier this year, the orchestra reduced its presence in South Florida from four weekends to two.