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☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ 'Corporate bullying': Abrdn CIO slams press' jabs at the company's rebranded name
▼ + stars: | 2024-04-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The press making jabs at the current name of asset manager Abrdn , which was rebranded from 'Standard Life Aberdeen', amounts to "corporate bullying," the firm's chief investment officer Peter Branner said. The firm announced its renaming in April 2021 and has faced consistent ridicule, jokes and jibes in the media since then. In a Financial News interview out on Monday, Branner called the media jibes about the name "childish," calling out press for the frequency of its jokes. He added that people would not treat individuals in this way, but that the press seemed to practise different standards for companies. How would you look at a person who makes fun of your name day in day out?

Persons: Peter Branner, Branner Organizations: Abrdn, Aberdeen, Tuesday, CNBC

☆ King Charles is opening up Balmoral Castle for the first time
▼ + stars: | 2024-04-05 | by ( Billy Stockwell | ) edition.cnn.com time to read: +5 min

Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. CNN —King Charles III is opening the doors of Balmoral Castle this summer for the most intimate tours ever permitted around the British royal family’s much-loved private Scottish home. The original property was deemed too small for the royal family so another, more substantial, castle had to be built just 100 yards away. Queen Elizabeth II in the Drawing Room at Balmoral Castle on September 6, 2022 in Aberdeen, Scotland. “It’s a lovely base for granny and grandpa to be for us to come and see them.”A general view of Balmoral Castle, the Scottish residence of the royal family since 1852.

Persons: CNN — King Charles III, Prince Albert, Queen Victoria, King, Queen Elizabeth II, Jane Barlow, Charles, Queen Camilla, There’s, Prince William, Prince Harry, Diana, Princess of Wales, ” Princess Eugenie, “, ”, Andrew Milligan, Jill O’Brien, ” Charles, Camilla Organizations: CNN’s Royal, CNN, Scottish, ITV Locations: Balmoral, Scotland’s, Scottish, Buckingham, Windsor, Sandringham, Holyroodhouse, Edinburgh, Aberdeen, Scotland, Highgrove, Balmoral Castle

☆ Inside the world of Wordle at the New York Times
▼ + stars: | 2024-03-14 | by ( Saira Mueller | ) edition.cnn.com time to read: +13 min

After the New York Times acquired Wordle from its creator, software engineer Josh Wardle, in January 2022, its player base grew to tens of millions. The New York Times assigned a dedicated editor for Wordle, Tracy Bennett, in November 2022. “You’re even going to be able to play Wordles that predate the New York Times acquisition, which is really fun,” Knight told CNN. What Wordle has done for the New York TimesAside from the editorial strategy, Wordle fits perfectly into the Times’ business plans. For Donna Cona, who has played it since before the Times acquisition, Wordle has become her go-to thing each morning.

Persons: Wordle, Josh Wardle, Everdeen Mason, “, ”, Jonathan Knight, Tracy Bennett, we’re, ” Bennett, “ I’ve, Bennett, Mason, ” Mason, it’s, — Bennett, Knight, “ You’re, ” Knight, “ We’re, —, ’, Donna Cona, I’m, …, Nanny, Cona, Malia Griggs ’, they’re, Malia, Jerrold Griggs —, ” Malia, Griggs ’, Malia it’s, ADIEU, Malia Griggs, “ I’m, Wordle “ Organizations: CNN, New York Times, Times, NYT, Louis, Cities, Fulham, Bournemouth, Bradford, New York, Sydney Melbourne New York, DC Locations: North, ”, Seattle, Aberdeen, Hinsdale, Angeles, Lansing, London, Coventry, Auckland, Wandsworth, Wantage, Vancouver, Wordle, New York City, Columbia , South Carolina, Washington, DC Vermont Wyoming, Hoquiam , Washington, Willowbrook , Illinois

Trump, who contends James’ lawsuit is part of a politically motivated “witch hunt” was demonstrative from the outset. Go out and do your own work,” Trump testified. “I considered this the most important job in the world, saving millions of lives,” Trump testified. Would you like to see it?”“I don’t think we’re allowed to open the windows,” Wallace said. “An incredible property … an unbelievable property ... a phenomenal property that fronts on the ocean.”“I don’t want to sell any of them,” Trump testified.

Persons: Donald Trump’s, —, Letitia James, ”, Trump, that’s, James ’, smirking, “, ” James ’, Judge Arthur Engoron, Trump’s, James, ” Trump, Banks, they’d, Allen Weisselberg “, ’ Don’t, “ You’re, Donald Trump Jr, Kim Jong Un, ” Wallace, Clifford Robert, LIV Organizations: Republican, Information, Trump, New, Trump Organization, Weisselberg, Doral Locations: York, Manhattan, New York, North Korea, Scotland, Doral, Miami, Springs, New York City, New York State, Aberdeen, Jupiter, Florida, Los Angeles, Lago, Saudi Arabia, British, Sisak, x.com

Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.

Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's

[1/2] Former UK finance minister (Chancellor of the Exchequer), Alistair Darling, poses for a photograph in Edinburgh, Scotland, Britain, Aug 31, 2018. REUTERS/Russell Cheyne/File Photo Acquire Licensing RightsLONDON, Nov 30 (Reuters) - Former British finance minister Alistair Darling, who steered the country's economy and banking system through the shock of the global financial crisis in 2007-08, has died aged 70 after undergoing treatment for cancer, his family said on Thursday. Darling was named chancellor of the exchequer by former prime minister Gordon Brown in June 2007, just as the crisis was brewing at leading financial institutions. "I never met anyone who didn't like him," Brown's predecessor as prime minister, Tony Blair, said. "Darling's passing is a huge loss to us all," said Britain's present prime minister Rishi Sunak, from the centre-right Conservative party.

Persons: Alistair Darling, Russell Cheyne, Darling, Gordon Brown, Brown, Margaret, Calum, Anna, Tony Blair, Lehman, Rishi Sunak, Muvija, Kate Holton, Andrew Heavens Organizations: REUTERS, Royal Bank of Scotland, Lloyds TSB, Labour Party, Treasury, Western General Hospital, Loretto School, Aberdeen University, The Guardian, Lehman Brothers, Conservative, Thomson Locations: Edinburgh, Scotland, Britain, British, United Kingdom

☆ Anne Richards steps down as Fidelity International CEO
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

Anne Richards, CEO of Fidelity International, attends the Global Financial Leaders' Investment Summit, in Hong Kong, China November 8, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsNov 20 (Reuters) - Asset manager Fidelity International announced on Monday that Anne Richards has stepped down as chief executive officer after five years and will become vice chair at the company. Richards, who has more than 30 years of experience in asset management, led M&G Investments before joining Fidelity as chief executive officer in 2018, replacing Brian Conroy. “Over the last five years Anne has accomplished a tremendous amount for our organisation in service of our clients," Chair of Fidelity International, Abby Johnson, said. In her new role as vice chair, Richards will help the company with its external relationships and strategic partnerships, Fidelity said in a statement.

Persons: Anne Richards, Tyrone Siu, Richards, Brian Conroy, Anne, Abby Johnson, Pritam Biswas, Pooja Desai Organizations: Fidelity International, Global Financial, Investment, REUTERS, G Investments, Fidelity, Aberdeen Asset Management, Thomson Locations: Hong Kong, China, Bengaluru

☆ Eagle-eyed buyer made over $120,000 after discovering old Range Rover probably belonged to Queen Elizabeth II
▼ + stars: | 2023-11-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

A Range Rover was sold for $165,000 after evidence emerged that it probably belonged to Queen Elizabeth II. AdvertisementA 2004 Range Rover with suspected ties to Her Majesty Queen Elizabeth II has shattered auction records, selling for $165,000. The auction's outcome was more than double the pre-sale estimate of £60,000, or $75,000 — 10 times the usual price for a second-hand Range Rover that old. AdvertisementBefore the video's discovery, the only original ownership information was a letter from Jaguar Land Rover, which builds the Ranger Rover, identifying warranty recalls in July 2004 at a Land Rover dealer in London's high-end Mayfair district and one in Aberdeen, Scotland. Prince Philip, Duke of Edinburgh, spent 16 years designing his own hearse: a modified Land Rover.

Persons: Queen Elizabeth II, Historics Auctioneers, —, HRH Prince Phillip, The Duke, Edinburgh, Tim Graham, Historics, Historics Auctioneers Rob Hubbard, Duke, Prince Philip , Duke of Edinburgh Organizations: Service, Rover, Jaguar, Land Rover, Scottish Highlands, Windsor Horse, Royal Windsor Horse, Getty, Vehicle, Epsom, Rovers Locations: Birmingham, Mayfair, Aberdeen, Scotland, Balmoral, Scottish, Windsor , England, Epsom Green, Windsor

☆ Homesick Americans living in the UK should head to Costco for snacks
▼ + stars: | 2023-11-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Costco sells some American brands and products that aren't commonly available in the UK. Candy brands I saw at Costco included Red Vines licorice, Mike and Ike candy, and Welch's Fruit Snacks. A five-pack of Kraft Macaroni & Cheese Dinner costs £11.19 (around $2.75 per box) on the UK website, whereas on its US website, Costco charges $18.99 for 18 boxes of around the same weight – or just over $1 per box. AdvertisementAdvertisementBrits can still get their tea fixThere were, however, plenty of British products on sale, showing how it had adapted its assortment to UK shoppers. Grace Dean/Insider; Will Martin/InsiderLike many supermarkets in the UK, Costco was keen to point out the local origins of some of its own-brand Kirkland Signature produce as consumers pay more attention to food miles and supporting domestic agriculture.

Persons: —, Jerry's, Kraft, Will Martin, Candy, Red Vines, Mike, Ike, I'd, Grace Dean, Tetley, Heinz, Heinz Beanz, Jacks Organizations: Costco, Kraft, &, Service, Kraft Mac, Tesco, Asda, YouTube, Red, pretzels, San Francisco Pretzel Company, Daily, San Francisco Bay Coffee, Kraft Macaroni, Yorkshire Tea, Kirkland, Aberdeen Angus Locations: London, Puerto Rico, Canada, American, San Francisco Bay, South Croydon, Japan

☆ Future of Trump’s business empire could be hit by his fraud trial
▼ + stars: | 2023-11-08 | by ( Alicia Wallace | Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —The New York civil fraud trial of former President Donald Trump carries extremely high stakes for the self-proclaimed business mogul. “It’s between severe and seismic” as to the effects on Trump’s businesses, Thomas told CNN on Monday. Early last month, an appeals court judge paused the dissolution process for the duration of the ongoing $250 million fraud trial. A New York judge fined Donald Trump's family business the maximum penalty of $1.6 million for committing tax fraud. “[Trump] has largely been absent from the New York market for a long time,” he said.

Persons: Donald Trump, Trump, Will Thomas, Thomas, Arthur Engoron, Engoron, Victor J, ” Thomas, Adam Leitman Bailey, Bailey, ”, Alina Habba, they’re, “ They’re, Donald Trump's, Angela Weiss, you’re, — that’s, ” Trump, John Coffee, Trump’s, Jonathan Miller, Miller Samuel, ” Miller, it’s Organizations: Minneapolis CNN, The, University of Michigan’s Ross School of Business, “, CNN, Trump Organization, Trump, Bloomberg, Getty, Mar, New York, AFP, Columbia Law School, First Department, Miller Samuel Inc, New Locations: Minneapolis, York, Manhattan, New York, Westchester County , New York, Trump’s Florida, Aberdeen, Scotland, SoHo, New York City, AFP

☆ Analysis: Donald Trump’s day in court paints a dark preview of the national ordeal ahead
▼ + stars: | 2023-11-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“It is an extremely hostile judge,” Trump added, raising his hand to point at Engoron, who sat beside and just above the witness box on the bench. President.” Trump has long posed as the alpha male and his entire business and political creed — in person and on social media – is based on intimidation. But the trial quickly became a test of wills between Trump and Engoron over who controlled the court. But by the end of the day, Engoron’s resolve frayed: “It feels like a broken record,” he said of Trump’s answers. This desire to make a reality just what he wants it to be has long defined Trump’s political approach.

Persons: Donald Trump’s, “, ”, Arthur Engoron’s, Engoron, Trump, won’t, ” Trump, Letitia James, brassily, he’d, “ I’ve, ” Trump’s, Joe Biden, Chris Kise, wasn’t, Mr, shushed Trump, clasped, bristled, Kise, ramble, Trump’s, ” Engoron, Volodymyr Zelensky Organizations: CNN, New, Trump, Republican Party, New York, Coast, Republican, New York Times, Trump ., Trump Organization Locations: New York, America, Engoron, New York City, Scotland, Florida, Lago, Aberdeen, Washington, Georgia, United States

☆ Photos show the Northern Lights appeared as far south as Texas on Sunday from a double eruption on the sun. Auroras could become more common as solar activity nears its peak.
▼ + stars: | 2023-11-06 | by ( Grace Eliza Goodwin | Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

The Northern Lights could be seen in rare locations across the US over the weekend. Lubbock, Texas and Salt Lake City, Utah experienced the light shows. Stunning auroras this far south are rare but could become more common in the next year, or so. AdvertisementAdvertisementThe Northern Lights lit up the skies with brilliant reds, purples, and greens in a rare appearance this weekend in the southern half of the US. However, the sun is becoming more active and will soon reach solar maximum, a time of peak activity when solar eruptions are more common.

Persons: —, South Dakota DeKalb , Illinois Landon Moeller Organizations: Service, Weather Service, Salt Lake, Canada Northern, Northern, NOAA Locations: Lubbock , Texas, Salt Lake City , Utah, Colorado, Texas, Spokane , Washington, Aberdeen, South Dakota, Spokane , Washington Lubbock , Texas Riverton , Wyoming Salt Lake City , Utah, Salt, Salt Lake City, South Dakota DeKalb , Illinois, Park, Virginia, , Virginia Glasgow , Montana Ellicott City , Maryland Happisburgh, England Calgary , Alberta, Canada, Southern

☆ Key moments from Trump's testimony at New York fraud trial
▼ + stars: | 2023-11-06 | by ( Jack Queen | ) www.reuters.com time to read: +3 min

Former U.S. President Donald Trump speaks on the day he attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. Engoron at one point said Trump’s answers were repetitive and irrelevant and warned that he might dismiss Trump as a witness, though that never came to pass. "You’ve made it important, but it wasn’t," Trump said in reference to the New York Attorney General's office that brought the case. "This is a very unfair trial, very, very unfair, and I hope the public is watching," said Trump, a Republican who has accused elected Democrat James of political bias. Reporting by Jack Queen and Luc Cohen; Editing by Noeleen Walder and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Shannon Stapleton, Arthur Engoron’s, Engoron, Trump, TRUMP, You’ve, Kevin Wallace, ” Trump, Letitia James, James, Jack Queen, Luc Cohen, Noeleen Walder, Grant McCool Organizations: U.S, Trump Organization, Court, REUTERS, Trump, New York Attorney, New York, Republican, Thomson Locations: New York, Manhattan, New York City, U.S, Doral, Florida, Springs, Aberdeen, Scotland

The high-stakes civil case strikes at the heart of Trump’s brand – his real estate empire. New York Attorney General Letitia James is suing Trump for $250 million and seeking to bar him from doing business in the state. Trump’s attacks in a vacuum weren’t particularly remarkable – he’s used the same barbs throughout the course of the trial, which he’s attended repeatedly as a spectator. Trump’s rhetoric prompts an angry response from the judgeEngoron tried at the outset of Trump’s testimony to stop the former president from making speeches and instead answer the questions, but it did little to change Trump’s approach. “There’s a disclaimer clause where you don’t have to get sued by the attorney general of New York,” Trump said.

Persons: Donald Trump, Judge Arthur Engoron, Chris Kise, Trump, Letitia James, Engoron, ” Trump, James, he’s, “, ”, ” Kevin Wallace, ” Engoron, Kise, ” Kise, Alina Habba, Wallace, Lago, ” Wallace Organizations: New, New York CNN, Trump, New York, Trump Organization, Forbes, Forbes Magazine, Mar Locations: New York, “, –, Florida, Mar, Aberdeen, Scotland

The practice of citizen-originated ballot measures began 125 years ago when South Dakota became the first in the nation to enact a statewide initiative and referendum process. But some still invoke his name in their fight to preserve voters’ ballot measure rights. “It represents for me the fundamental idea of the equal dignity of every human being,” said Heidelberger, who blogs about South Dakota politics. The political conditions were brief but just right in 1897 for lawmakers to approve it; voters passed it the following year. In a memoir compiled by the state Socialist Party, Haire is credited with writing the amendment itself.

Persons: it’s, Robert W, Cory Heidelberger, ”, Heidelberger, Pierre, Haire, Ohioans, “ That’s, John Matsusaka, “, can’t, ” Matsusaka, ” David Schmidt, Drey Samuelson, Sen, Tim Johnson of, you’re, Samuelson, Janine Giordano Drake, Republican State Sen, Michael Rohl, Rohl, ’, Rohl didn’t, Sister Kathleen Bierne, Drake, ” Drake, Bierne, “ We’ve, Father Haire’s, Jesus ’, Eugene Debs, Liz May, Tom Heinz, Heinz, ain’t Organizations: Republican, Socialist Party, it’s, University of Southern California’s Initiative, Referendum, “ Citizen, U.S, Indiana University, Christian Socialist, Catholic, Republican State, Associated Press, Michigan, Aberdeen News, Lilly Endowment Inc, AP Locations: U.S, Ohio, South Dakota, Dakotans, Dakota, California, Tim Johnson of South Dakota, state’s, Brown, Aberdeen

☆ Scotland's leader says dream of independence alive despite his party's troubles
▼ + stars: | 2023-10-17 | by ( Andrew Macaskill | ) www.reuters.com time to read: +4 min

Scotland's First Minister and Scottish National Party (SNP) leader Humza Yousaf speaks during an interview with Reuters ahead of his party's annual conference in Aberdeen, Britain, October 16, 2023. REUTERS/Gerhard May Acquire Licensing RightsABERDEEN, Scotland, Oct 17 (Reuters) - Scotland's leader Humza Yousaf is confident his dream of independence will come true in the next decade despite his governing party haemorrhaging support over the worst crisis in its modern history. The dominant political party in Scotland for almost two decades, the pro-independence Scottish National Party has been damaged by infighting, voter fatigue and scandals, including the arrest of its charismatic former leader Nicola Sturgeon. Even with support for the SNP in decline, opinion polls show Scotland is still roughly split over independence. "Support for independence is rock solid but support for the SNP has dipped," he said.

Persons: Humza Yousaf, Gerhard, Nicola Sturgeon, Yousaf, YouGov, Scots, Boris Johnson, Rishi Sunak's, isn't, Andrew MacAskill, Kate Holton, Ed Osmond Organizations: Scotland's, Scottish National Party, Reuters, REUTERS, Rights, Labour Party won, Labour, Scotland, England, European Union, Scottish, Westminster, British, Thomson Locations: Aberdeen, Britain, Rights ABERDEEN, Scotland, Europe, European, London

☆ Scottish leader says wife's parents risk running out of food in Gaza
▼ + stars: | 2023-10-16 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

Yousaf's parents-in-law live in Scotland but were visiting relatives in Gaza when Hamas militants poured into Israel and killed 1,300 people last weekend. "There is no doubt that collective punishment is a breach of international law," he said. British Prime Minister Rishi Sunak told parliament on Monday that Israel must defend itself in line with international humanitarian law. Diplomatic efforts are continuing to get aid into the enclave as food, fuel and water run short. He added that his brother-in-law, who works as a doctor, is having to make decisions about who should be treated, while the hospitals in Gaza run out of body bags.

Persons: Humza Yousaf, Yousaf's, Israel, Yousaf, Elizabeth, Maged, Nakla, Gerhard, Rishi Sunak, Andrew MacAskill, Kate Holton, Andrew Cawthorne Organizations: Reuters, Scottish National Party, REUTERS, London ., Thomson Locations: Gaza, ABERDEEN, Scotland, Israel, Aberdeen, Britain, British, London, London . British, Dundee, Palestinian, Scottish, Glasgow, Pakistan, Kenya

☆ Real estate insiders question how Trump fraud judge valued Mar-a-Lago
▼ + stars: | 2023-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN Business —A New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%. But the Mar-a-Lago finding in particular is raising eyebrows among real estate and legal experts because of the metric Judge Engoron relied on: the county tax assessor’s appraisal value. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University. “A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud,” Engoron wrote. Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud.

Persons: Donald Trump, Trump, Arthur Engoron, Engoron, ” Engoron, ”, Eli Beracha, “, ” Dina Goldentayer, Douglas Elliman, ” Goldentayer, Goldentayer, Zillow, ” It’s, Jonathan Miller, Miller Samuel, ” Miller, Melissa Cintron, Harrington Ocko, Monk, it’s “, Miller, Christopher Kise, ” Trump, Letitia James, Cintron, Harrington, doesn’t, he’s, ” Cintron, CNN’s Anna Bahney Organizations: New York CNN Business, Trump, Florida International University, Miller Samuel Inc, Harrington, Mar, realtors, South, New York Locations: York, Beach, South Florida, New York City, “, Springs, Westchester County , NY, Aberdeen, Scotland, Trump

Judge Arthur Engoron in his bombshell decision also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General's Office. The defendants in the case include Trump, his sons Donald Trump Jr. and Eric Trump, former Trump Organization Chief Financial Officer Allen Weisselberg, company executive Jeff McConney, and Trump Organization entities. Engoron also ordered sanctions of $7,500 for five attorneys who represented the Trump defendants for making frivolous and previously rejected arguments in court filings. In the fourth criminal case, Trump is charged with falsifying business records related to a 2016 hush money payment to porn star Stormy Daniels. Even after Engoron appointed an independent financial monitor for the Trump Organization last year, "defendants have continued to disseminate false and misleading information while conducting business," the judge wrote.

Persons: Donald Trump, Arthur Engoron, Letitia James, Chris Kise, Trump, Kise, Engoron, James, Donald Trump Jr, Eric Trump, Allen Weisselberg, Jeff McConney, Stormy Daniels, Engoron's, Trump's, Alina Habba, Habba Organizations: Team Trump Iowa, Jackson, Fairgrounds, New, Trump, Trump Organization, General's, NYU Stern School of Business, Engoron, Federal Locations: Maquoketa , Iowa, New York, United States, Lago, Florida, Palm Beach Florida, Palm Beach, New York City, Springs, Westchester County , New York, Aberdeen, Scotland, American, New York State

[1/2] Republican presidential candidate Donald Trump (R) speaks to media mogul Rupert Murdoch as they walk out of Trump International Golf Links in Aberdeen, Scotland, June 25, 2016. "This provides an opportunity for a reset between President Trump and the Fox News network," Republican strategist Ron Bonjean said of Lachlan Murdoch's appointment. "The question is: does Lachlan Murdoch want to have a positive relationship with former President Donald Trump? Fox News did not immediately respond to a request for comment about political coverage under Lachlan Murdoch. Stuelpnagel said he believed the high cost of the Dominion lawsuit might make Lachlan Murdoch tread carefully on Trump coverage.

Persons: Donald Trump, Rupert Murdoch, Carlo Allegri, Rupert Murdoch's, Trump, Fox, Rupert Murdoch's son, Lachlan Murdoch, Biden, Ron Bonjean, Lachlan Murdoch's, Bret Baier, Jason Osborne, Osborne, Hillary Clinton, Larry Stuelpnagel, Dan Cassino, Karen Finney, Finney, Stuelpnagel, Lachlan, Tim Reid, Nathan Layne, Alexandra Ulmer, Heather Timmons, Jamie Freed Organizations: Republican, Trump, REUTERS, Fox Corp, News Corp, Fox News, Dominion, Systems, Fox, Republicans, Social, America News Network, Northwestern University, Fairleigh Dickinson University, Democratic, Thomson Locations: Aberdeen, Scotland, American, New Jersey

☆ Virgin Galactic to launch first tourism mission after decades of promises
▼ + stars: | 2023-08-10 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Virgin Galactic — the space tourism company founded by British billionaire Richard Branson — is finally prepared to launch its first space tourists to the edge of the cosmos, a major step toward delivering on decades of promises. Meet the crewThis mission comes on the heels of the success of Virgin Galactic’s first commercial mission, which launched in June. Goodwin was one of the earliest ticket holders on Virgin Galactic, which opened its first sales more than a decade ago. Virgin Galactic has sold about 800 tickets, including 600 at prices up to $250,000 and another couple hundred at $450,000 per ticket. In the lead-up to 2023, Virgin Galactic had been undergoing a lengthy “enhancement” process to upgrade its flight hardware.

Persons: Richard Branson —, Keisha Schahaff, Anastatia Mayers, Jon Goodwin, Goodwin, Virgin Galactic’s, Jeff Bezos, Galactic Schahaff, Mayers, “, ” Schahaff, Oliver Daemen, Bezos, don’t, ”, John McFall, What’s, Michael Colglazier, Virgin Galactic, Colglazier Organizations: CNN, Virgin Galactic, VSS Unity, Virgin, VSS, Galactic, Space, Humanity, University of Aberdeen, Blue, European Space Agency Locations: British, New Mexico, Antigua, American, Caribbean, Scotland

☆ How to watch Virgin Galactic's first space tourist launch 300,000 feet above the ground
▼ + stars: | 2023-08-10 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight. Watch it here:Who are Virgin Galactic's first space tourists? These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, VSS Unity, Virgin Galactic, Sky News, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, Galactic's, Galactic Locations: Wall, Silicon, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

☆ A mother-daughter duo will join an 80-year-old Olympian on Virgin Galactic's first space tourism flight on Thursday. Here's how to watch live.
▼ + stars: | 2023-08-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight on Thursday. These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. Keisha Schahaff won her tickets through a raffle while on a Virgin flight from Antigua to London in 2021. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, New Mexico's, Sky News, Virgin Galactic, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, VSS Unity, Galactic's, Galactic Locations: Wall, Silicon, New, America, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

☆ Meet the crew of Virgin Galactic’s first private passenger spaceflight
▼ + stars: | 2023-07-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +3 min

CNN —The first Olympian and the first mother-daughter duo to venture to space will be aboard Virgin Galactic’s inaugural private astronaut mission in August. Virgin Galactic and commercial spaceflightThe flight window opens for the mission, dubbed Galactic 02, on August 10, and the launch will stream live on Virgin Galactic’s website. The announcement comes on the heels of the successful launch and landing of Virgin Galactic’s first commercial spaceflight on June 29. The passengers boarded the VSS Unity, attached to a massive aircraft called VMS Eve, at Virgin Galactic’s spaceport in New Mexico. VMS Eve took off like an airplane, delivering VSS Unity to a designated altitude.

Persons: Keisha Schahaff, Anastatia Mayers, ” Schahaff, Jon Goodwin, Goodwin, Parkinson’s, ” Goodwin, don’t, Beth Moses, Moses Organizations: CNN, Virgin Galactic’s, Space, Humanity, . Virgin Galactic, University of Aberdeen, Virgin Galactic, Virgin, Italian Air Force, VSS, VSS Unity Locations: Caribbean, Antigua, Scotland, New Mexico

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