World’s Rich in ‘Wait and See Mode,’ Says Sotheby’s CEO: Here’s What We’re Reading Today

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Here’s what we’re reading today.

1. Sotheby’s suffers as world’s rich wait out uncertainty

“The art market is a cyclical business. The tough part of the cycle is, of course, when the global economy is so bad that even the auction house’s super-rich customers won’t shell out the cash for art, wine, and other luxuries.” Sotheby’s recorded a $11 million loss in the fourth quarter of 2015.

2. Red alert for Cruz and Rubio at last night’s GOP Debate

The New York Times has everything you need to know from last night’s debate – the GOP’s last before Super Tuesday, when 12 states will vote on their presidential nominees.

+1: Chris Christie just endorsed Donald Trump today.

3. What is a Gerard Butler?

Wired investigates, but finds no real answer, to the question “What is a Gerard Butler?”

4. FIFA elected a new president today

“Fifa has elected Gianni Infantino, a European football administrator born just six miles from Sepp Blatter’s birthplace, as its new president in a bid to restore the reputational damage wrought by his disgraced predecessor.

5. How the Oscar boycott has already changed everything

“Essentially, the Oscars is designed to look like a fantastical celebration of elite Hollywood royalty, and with every production trick at the ready anything other than a 25 percent no-show rate could likely be masked without breaking a sweat.”