It was an interesting week for the art world with the sky-high auctions of Picasso and Mark Rothko paintings early in the week. But the week’s news also heavily featured economic data, most of which was disappointing, including Friday’s drop in consumer sentiment.
What follows are what Talking Biz News views to be the top stories of the week:
Monday
- Dish CEO sees ‘meaningful’ sling internet revenue, by Reinhardt Krause of Investor’s Business Daily
- This Picasso masterpiece could be the world’s most expensive painting when sold at auction, by Reuters and Fortune Editors of Fortune
Tuesday
- S. authorities near end of AT&T-DirecTV review, unlikely to block deal, by Thomas Gryta and Shalini Ramachandran of The Wall Street Journal
- Adidas not approached by activist investors: CEO, by Emma Thomasson of Reuters
Wednesday
- US appeals court: Polo Association can’t be held in contempt for horseman sunglass sales, by Larry Neumeister of U.S. News & World Report
- U.S. retail sales remained weak in April, by Reuters
Thursday
- Why Wal-Mart is testing an answer to Amazon Prime, by Sarah Halzack of The Washington Post
- Education company sues the accreditor that put it out of business, by Molly Hensley-Clancy of BuzzFeed
Friday
- Whole Foods just offended its most important customers, by Hayley Peterson of Business Insider
- Consumer sentiment in U.S. plunges by most in over two years, by Bloomberg