Wednesday, July 8, 2015

Taking stock: Here's why Bill Cosby & Floyd Mayweather's worth went down this week



A round-up of those whose worth went up or down today: Jeff Bezos(Up), Stuart Gulliver (Down), Bill Cosby (Down) and Floyd Mayweather(Down).

Jeff Bezos; CEO, Amazon (UP)

For its 20th birthday, Amazon introduces 'Prime Day' — a global shopping event reportedly bigger than Black Friday — for Amazon Prime customers in the US, UK and parts of Europe at midnight EST, July 15.

Stuart Gulliver; Group CEO, HSBC (Down)

More bad press for the bank after six UK employees in a team building exercise perform a mock Islamic state-like execution and post the video online. HSBC calls the video "abhorrent" and fires the employees involved.

Bill Cosby (Down)

Newly released documents (dating back to 2005) show that the stand-up comedian has admitted under oath to buying sedatives for drugging women he wanted to have sex with.

Floyd Mayweather (Down)

The World Boxing Association strips the boxer of his welterweight world title, which he won against Manny Pacquiao in May, for failing to pay the sanctioning fees and complying with the rules.

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