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☆ Brittney Griner, in Her Own Words
▼ + stars: | 2024-05-07 | by ( Sarah Lyall | ) www.nytimes.com time to read: +1 min

COMING HOME, by Brittney Griner with Michelle BurfordIf you weren’t following women’s basketball, you probably hadn’t heard of Brittney Griner when she was arrested at a Moscow-area airport in February 2022. “Fear is one thing,” Griner writes in “Coming Home,” her new memoir, describing the stomach-curdling moment when an inspector seized her passport and told her to wait. “But uncertainty, the unknown, a free fall into mystery — that’s much stronger than fear; it’s terror.”At first, Griner naïvely thought she would be fined and sentenced to house arrest. But possession of even a small amount of drugs is a serious offense in Russia, and she was eventually charged with narcotics smuggling. Days later, when Russia invaded Ukraine, Griner found herself a high-profile pawn in a vicious geopolitical battle.

Persons: Brittney Griner, Michelle Burford, Brittney, —, Griner, ” Organizations: Phoenix Mercury, UMMC, Mercury Locations: Moscow, UMMC Yekaterinburg, Russian, United States, Russia, Ukraine

☆ Supreme Court Justice Neil Gorsuch has a grudge against federal agencies. He holds their fate in his hands
▼ + stars: | 2024-01-17 | by ( Joan Biskupic | ) edition.cnn.com time to read: +12 min

Her memoir was, appropriately, entitled: “Are You Tough Enough?”Her son Neil Gorsuch, a Supreme Court justice since 2017, has shown his own brand of defiance and anti-regulatory fervor. In recent years, Justice Gorsuch has voted against regulations that protect the environment, student-debt forgiveness and Covid-19 precautions. He has led calls on the court for reversal of a 1984 Supreme Court decision that gives federal agencies considerable regulatory latitude and that, coincidentally traces to his mother’s tenure. The lawyers who will argue on behalf of the challengers are seasoned appellate advocates who once served as Supreme Court law clerks, as did Solicitor General Prelogar. That argument has prevailed in courts for decades, but the Supreme Court has signaled that it is ready for a new era.

Persons: Anne Gorsuch, Ronald Reagan White, Neil Gorsuch, Gorsuch, Chevron, Charles Koch, Trump, “, ”, ” Gorsuch, Elizabeth Prelogar, ” Neil Gorsuch, Ronald Reagan, –, Robert Burford, Anne Burford, Neil, John Paul Stevens, Thomas Merrill, Stevens, Merrill, Magnuson, Koch, Prelogar, Roman Martinez, ” Martinez, ” Paul Clement, ” Clement, ” Prelogar, Biden, Don McGahn, Anne Gorsuch Burford, McGahn, “ I’ve Organizations: CNN, Environmental Protection Agency, Congress, Ronald Reagan White House, Chevron USA, Inc, Natural Resources Defense Council, Chevron, Marine Fisheries Service, ”, Supreme, “, White House, Land Management, Columbia University, Conservative, National Marine Fisheries Service, Loper Bright Enterprises, Stevens Conservation, Management, “ Chevron, Trump Locations: Washington, Chevron, Colorado

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ A $16 billion lawsuit payout is going to send this one stock soaring, analysts say
▼ + stars: | 2023-09-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The payout is expected to be a significant win for Burford Capital , which funded the lawsuit brought by YPF's minority shareholders, Petersen Energia Inversora and Eton Park Capital Management. Investment bank Jefferies estimates Burford Capital is entitled to around $6.3 billion from the verdict, approximately twice the company's market capitalization. Jefferies analysts led by Julian Roberts said shares of Burford have "further to go" after the stock jumped by more than 6% on Friday alone. The $16 billion payout includes around $8.4 billion in damages plus about $7.6 billion in 8% pre-judgment interest since the April 2012 seizure date determined by the judge. "We will continue to defend energy sovereignty and our state company YPF against vulture funds," Cerruti said.

Persons: Jefferies, Julian Roberts, YPF, Cristina Fernandez de Kirchner, Loretta Preska, Gabriela Cerruti, Cerruti, Numis, Burford, Jonathan Molot, Petersen, Molot Organizations: Burford Capital, Petersen Energia Inversora, Eton Park Capital Management, Investment, Jefferies, U.S, London, Cristina Fernandez de Kirchner . U.S, District, International Monetary Fund, Argentina, Eton Park Locations: U.S, Argentina, Burford, Cristina Fernandez de Kirchner ., Repsol

The payout includes the approximately $8.4 billion of damages Burford sought plus about $7.6 billion of 8% prejudgment interest running from May 3, 2012, about 2-1/2 weeks after the seizure. Argentina, which is in dire financial straits including a scarcity of foreign exchange reserves, pledged an immediate appeal. Shareholders' $8.43 billion damages estimate was based on Argentina's seizure of the YPF shares on April 16, 2012, which they said transferred "control." But the judge found it "telling" that Argentine officials treated April 16 as the seizure date, which stripped Repsol of its power to run YPF and distribute capital. The judge also called 8% interest "appropriate and equitable," and "well within the range" imposed by Argentine courts.

Persons: Loretta Preska, Burford, Preska, Axel Kicillof, Gabriela Cerruti, Cerruti, Nate Raymond, Jonathan Stempel, Adam Jourdan, Rodrigo Campos, Mark Porter, Will Dunham, Richard Chang Organizations: YPF, U.S, District, Burford Capital, Petersen Energia Inversora, Eton Park Capital, Jefferies, Petersen, Eton Park, Argentina, International Monetary Fund, IMF, Argentine, Thomson Locations: Argentina, U.S, Manhattan, Burford, London, New York, Buenos Aires, Qatar, China, Boston

☆ Opinion | Supremely Arrogant
▼ + stars: | 2023-05-06 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

WASHINGTON — The Supreme Court is still great. It’s the greatest gathering of grievances we’ve ever seen on the high court. The woe-is-me bloc of conservative male justices is obsessed with who has wronged them. It might be an opportune time to hire a Supreme shrink so these resentful men can get some much-needed therapy and stop working out their issues from the bench. that did not fit,” according to a classmate who talked to The New York Times.

April 12 (Reuters) - A U.S. judge on Tuesday approved a $75 million settlement between Smithfield Foods Inc and a class of consumers who accused the pork producer of conspiring to restrict supply in order to keep prices artificially high. Pork consumers last year settled with Smithfield rival JBS SA for $20 million. The judge in a separate order on Tuesday awarded nearly $25 million in legal fees to the plaintiffs firms representing the consumer class. The consumer class attorneys said in a court filing in January that they'd spent more than 37,000 hours pursuing antitrust claims over four years. The case is In re Pork Antitrust Litigation, U.S. District Court, District of Minnesota, No.

☆ Lighting Round: NIO, Burford, Verizon, Encore Wire
▼ + stars: | 2023-04-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLighting Round: NIO, Burford, Verizon, Encore WireCNBC's Jim Cramer, host of "Mad Money" breaks down stocks like NIO, Burford, Verizon and Encore Wire.

☆ Sydney swelters through autumn heatwave, bushfire threat looms
▼ + stars: | 2023-03-05 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

REUTERS/David Gray/File PhotoSYDNEY, March 6 (Reuters) - Parts of Australia's east including Sydney recorded their hottest day in more than two years on Monday with temperatures hitting more than 40 degrees Celsius (104 Fahrenheit), raising the risk of bushfires. Firefighters are working to contain nearly 40 bushfires across New South Wales, the home state of one-third of Australians, with crews on the ground supported by aircraft. Penrith, a suburb in western Sydney, recorded 40.1 degrees Celsius on Monday afternoon - the hottest day since Jan. 26, 2021 - while some inland towns reached nearly 41 degrees. Australia's east coast has been dominated by the La Nina weather phenomenon - typically associated with increased rainfall - over the last two years, which brought record rains and widespread flooding. In 2022, Sydney recorded its highest annual rainfall since records began in 1858.

☆ For bear stock pickers, 2023 is full of rich pickings
▼ + stars: | 2022-12-16 | by ( Nell Mackenzie | ) www.reuters.com time to read: +6 min

[1/2] Carson Block, Chief Investment Officer, Muddy Waters Capital LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. Hedge fund Muddy Waters on Wednesday said it was shorting Vivion Investments, suspecting the real estate investment firm's portfolios were overvalued. Since the 2007-2008 global financial crisis, companies have pushed aggressive accounting to its limits, said Muddy Waters CEO Carson Block. People are milking the system," he said, adding that he expects even more aggressive accounting and fraud in 2023. Tighter monetary conditions and less readily available debt means investors will likely scrutinise company cash generation in 2023, Earl said.

One of the biggest makers of generic drugs, Israeli-based Teva said it aims eventually to secure a 10% global market share of biosimilars. A division of Novartis (NOVN.S), Sandoz is currently the second biggest player after Pfizer Inc (PFE.N) in the biosimilar market by gross sales globally, per IQVIA data, cited by Sandoz. Sandoz launched eight biosimilar drugs between 2017 and 2021, including a version of Bristol-Myers’ multiple myeloma drug Revlimid. The analysis projected the value of the global biosimilar market could more than triple to an estimated $74 billion by 2030. Sandoz and Teva are both working on biosimilars for Humira.

☆ Goop's executive exodus — Patagonia's CEO gets candid — LA's prestigious preschools
▼ + stars: | 2021-10-01 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

Another week has come and gone, and you know what that means — it's time for your weekly dose of Insider Life. This week, we're bringing you an inside look at the executive exodus at Gwyneth Paltrow's Goop, sharing an exclusive interview with Patagonia's CEO, and telling you how to get your kid into one of LA's most prestigious preschools. Oh, before we get started, be sure to check out the Insider Crossword — we're publishing new puzzles every morning through October 8. Tadini took us along for a day on the job, starting with a 6 a.m. espresso and cigarette. PatagoniaRyan Gellert, Patagonia's new CEO, is struggling with a paradox: the company's good works, philanthropy, and intentions are still not enough to justify its existence.

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