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☆ How S.M.U., Once the Rogue of College Sports, Got Back to the Big Time
▼ + stars: | 2024-03-30 | by ( Joe Drape | ) www.nytimes.com time to read: +1 min

Instead, he drove from his hometown, Sealy, Texas, to Dallas and Southern Methodist University. At the time, Mr. Dickerson’s cars (S.M.U. gave him one, too) were a symbol of the wretched excess of big-time college sports. It was a time when boosters in the Southwest Conference doled out “$100 handshakes” and the S.M.U. Mustangs went 34-11-1 over Mr. Dickerson’s four years — the team’s vaunted Pony Express era.

Persons: Eric Dickerson, ”, Dickerson’s Organizations: Pontiac, Texas, Southern Methodist University, Southwest Conference, Mr, titans, Petroleum Club of Houston Locations: Sealy , Texas, Dallas

☆ When Sean Combs Was ‘Living the American Dream’
▼ + stars: | 2024-03-28 | by ( Jacob Bernstein | Vanessa Friedman | ) www.nytimes.com time to read: 1 min

Long before he was accused of sexual misconduct in a series of lawsuits, and long before federal agents in military gear raided his homes in Miami and Los Angeles, Sean Combs was unforgivable. That was the name he had selected for his first fragrance, which he sold through a partnership with Estée Lauder. It was promoted as a scent that “exudes the energy, sexiness and elegance of Sean Combs,” and he was supposed to give it a publicity boost in April 2006 by ringing the opening bell of the New York Stock Exchange alongside William Lauder, the Estée Lauder chief executive, and Terry Lundgren, the head of Federated Department Stores. But Mr. Combs didn’t arrive in time for the opening of the market, saying he had been stuck in traffic. So his fellow business titans did the honors without him.

Persons: Long, Sean Combs, Estée Lauder, ”, William Lauder, Lauder, Terry Lundgren, Combs didn’t Organizations: New York Stock Exchange, Federated Department Stores, titans Locations: Miami, Los Angeles

☆ In a Land of Lavish Weddings, This Prenuptial Party Takes the Cake
▼ + stars: | 2024-03-01 | by ( Suhasini Raj | ) www.nytimes.com time to read: +1 min

When a member of one of India’s wealthiest families gets married, big-name guests and showstopping pomp and circumstance are nothing unusual. But it’s not every day that the invitees include royalty, business titans, Bollywood luminaries and Rihanna, for three days of a pre-wedding spectacular, months ahead of the actual ceremony. Mr. Ambani, 28, the younger son of Mukesh Ambani, will welcome the guests at a sprawling venue in the western Indian state of Gujarat, along with his fiancée, Radhika Merchant. Merchant, 29, comes from a family that owns health care businesses and is trained in Indian classical dance. The couple started the festivities earlier this week with a community feast: hosting thousands of people from neighboring villages and serving them Gujarati delicacies.

Persons: it’s, Rihanna, Anant Ambani, Ambani, Mukesh Ambani, Radhika Merchant, Merchant Organizations: Reliance Industries Locations: India, Gujarat

☆ MacKenzie Scott sold 65 million Amazon shares worth over $10 billion in the last year
▼ + stars: | 2024-01-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

CNN —MacKenzie Scott continues to sell billions of dollars in Amazon stock. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently worth more than $10 billion, according to a filing. She has since sold off portions of her Amazon stake, donating billions of dollars to charity. In 2019, Scott signed the Giving Pledge, a promise signed by hundreds of the world’s richest people to give away the majority of their wealth. Although Scott has sold billions of dollars worth of Amazon shares in recent years, her net worth is still more than $37 billion, according to Bloomberg’s Billionaire Index.

Persons: CNN — MacKenzie Scott, Jeff Bezos, Scott, Bezos, Warren Buffett, Bill Gates, Mark Zuckerberg Organizations: CNN, Amazon, SEC, titans

☆ Trump is building his power at home while global leaders dread his return
▼ + stars: | 2024-01-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Trump has invigorated an initially lackluster White House bid by leveraging his multiple criminal indictments to create a narrative of political persecution. On Thursday, CNN’s congressional team reported that senators trying to cut an immigration deal with the White House are running into a problem: Trump. The aid measure is being held up by the immigration showdown to which it was linked — perhaps unwisely many Democrats now think — by the White House. It has caused particular consternation in Europe after the transatlantic alliance was constantly rattled by Trump during his White House term. That’s likely to be a pale imitation of what awaits if he gets back to the White House.

Persons: Donald Trump, Trump, Ron DeSantis, Nikki Haley, Haley, Kevin Roberts –, “, can’t, Kamala Harris, Joe Biden’s, Biden, he’s, ”, Sen, Kevin Cramer, Trump’s, Vladimir Putin, Mike Quigley of, Jim Sciutto, CNN Max, Putin, Michael McFaul, Obama, ” McFaul, ” Trump, Ted Cruz, Marco Rubio, Alejandro Mayorkas, Mike Johnson, Mitch McConnell, reverberations, America’s, Christine Lagarde, Heritage’s Roberts, Roberts, that’s, ” Roberts, Jamie Dimon, ” Dimon, Philipp Hildebrand, Emmanuel Macron, ” Macron Organizations: CNN, Florida Gov, South Carolina Gov, New Hampshire, Trump, Economic, Business titans, Heritage Foundation, Republicans, Capitol, GOP, Representatives, Republican, North Dakota Republican, Ukraine, Democratic, Congressional Ukraine Caucus, White, Spirit of, Homeland, US, Colorado Supreme, America, tony, European Central Bank, NATO, CNBC, ” BlackRock, Swiss National Bank Locations: Iowa, Washington, Ukraine, New, Davos, Swiss, Mike Quigley of Illinois, Moscow, Russian, Spirit of America, Ted Cruz of Texas, Marco Rubio of Florida, Europe, Iran, Paris, Switzerland, it’s, China, United States, France

Without directly referencing the devastation of the Israel-Hamas war, the first lady announced Tuesday that "we’ve made a few adjustments to the entertainment portion” of the dinner. Albanese is the fourth world leader to be honored with a state visit during Biden's term, after the leaders of France, South Korea and India. Hundreds of lawmakers, business titans and celebrities are typically invited to state dinners, but the White House keeps the guest list secret until just before people start arriving for the black-tie affair. The dinner program, including an exchange of toasts, will unfold in a temporary pavilion being built on the White House lawn. The White House said postponing was not an option, casting Albanese's visit as part of the important diplomatic balancing act that a president must undertake with U.S. allies worldwide.

Persons: Jill Biden, we’ve, Anthony Albanese, Katie Button, Joe Biden, Albanese, Biden, Karine Jean, Pierre, “, John Kirby, ” Albanese, Jodie Haydon Organizations: WASHINGTON, White House, Army and Air Force, Australian, House, Washington, Republican, White, Press, Biden, National Security Council Locations: Israel, Asheville , North Carolina, Australia, France, South Korea, India, Washington, United States

☆ Former FTX developer says he confronted an 'anxious' Sam Bankman-Fried on Bahamas paddleball court while trying to fix bug that led to $8 billion hole
▼ + stars: | 2023-10-05 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +8 min

"The numbers seemed large to me," Yedidia testified Thursday in a federal court in downtown Manhattan. In a hut between paddleball courts, Yedidia expressed his concern to Sam Bankman-Fried, the CEO of FTX, who also controlled Alameda Research. AdvertisementAdvertisementA Sam Bankman-Fried, founder and former CEO of crypto currency exchange FTX in a courtroom last year. AdvertisementAdvertisementFormer FTX developer Adam Yedidia leaves after testifying during the trial of former FTX CEO Sam Bankman-Fried at Manhattan Federal Court in New York City. In the Bahamas, top employees and their significant others in both companies shared a $35 million penthouse apartment that Alameda Research paid for.

Persons: Fried, Adam Yedidia, —, Yedidia, FTX, Sam Bankman, Yadidia, Bankman, Jane Rosenberg, Reuters Yedidia, Caroline Ellison, Michael M, Ellison, Gary Wang, Nishad Singh, Singh, Sam, Caroline, I'm Organizations: Alameda Research, Alameda, Service, MIT, rockstar, Reuters, Bankman, Manhattan Federal, FTX, United Arab Locations: Bahamas, Alameda, Manhattan, FTX, Alameda FTX, Bankman, New York City, Saudi Arabia, United Arab Emirates

☆ Analysis: New trial hits Trump's image as the ultimate winner
▼ + stars: | 2023-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

But the fraud case in New York threatens to shred Trump’s cherished self-image as an ultimate winner. Just so you know, my financial statements are phenomenal,” Trump said before the trial opened. “They’re hitting him where it hurts,” one source told CNN’s Kaitlan Collins about Trump’s decision to attend the trial on Monday. Trump’s bluster and political showmanship are proven to work, as his huge lead in the GOP presidential primary shows. But Trump’s legal fate in this and all the other cases will not be decided on campaign trails but in courtrooms.

Persons: ” Donald Trump couldn’t, “, ” Trump, Trump, NBC’s “, spurning, ” Alina Habba, Trump’s, They’re, CNN’s Kaitlan Collins, Letitia James –, ” James, James, ”, Arthur Engoron, It’s, Eric, “ They’re, Trump’s bluster, won’t, James ’, Engoron, –, Chris Kise, ” Habba Organizations: CNN, It’s, Service, NBC’s, Force, Trump, New, Trump Organization, White, Democrat, HBO, GOP, Justice Department, Mar, titans Locations: New York, Manhattan, Iowa, Lower Manhattan, Trump, Georgia, Florida, Lago , Florida

☆ Giuliani loses support of billionaires Langone, Cooperman: 'I wouldn't give him a nickel'
▼ + stars: | 2023-08-31 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

Langone contributed $4,600 to Giuliani's 2008 campaign for president, according to FEC records. This executive donated $2,300 to Giuliani's 2008 run for president, according to FEC records. Goodman did not say who is contributing to help Giuliani pay for his legal fees or how much those entities have raised. "I probably will," said Catsimatidis, who owns New York radio station WABC that employs Rudy Giuliani and his son. "I think people should help Rudy Giuliani.

Persons: Rudy Giuliani, Donald Trump, Giuliani, Rudy, I'm, Brian France, Ken Langone, Forbes, Langone, Cooperman, It's, Leon Cooperman, Trump, he's, Ted Goodman, Goodman, Joe Biden swiped, Andrew Giuliani, John Catsimatidis, Catsimatidis Organizations: New York City, NASCAR, New, FEC, Trump, Billionaire, Commission, CNBC, titans, Former New York City, Wall Street, Washington D.C, Giuliani, Twitter, Giuliani Defense, New York, WABC, New York Republican Locations: Georgia, Washington , U.S, France, New York, New York City, Russian, York City, Bedminster , New Jersey

☆ Jeff Bezos and Lauren Sanchez's superyacht engagement party reportedly included business titans and celebs, from Bill Gates and his girlfriend to Leonardo DiCaprio
▼ + stars: | 2023-08-07 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Some big names attended, including Bill Gates, Bumble CEO Whitney Wolfe Herd, and Kris Jenner. The party took place on Bezos' $500 million yacht, which first set sail in February. Jeff Bezos and Lauren Sanchez celebrated their engagement last week — and their party aboard the Amazon cofounder's $500 million superyacht attracted some big names. Attendees included Kris Jenner, Bumble CEO Whitney Wolfe Herd, and fashion designer Sarah Staudinger, according to photos on Sanchez's Instagram. Bezos and Sanchez have been spending lots of time on their $500 million yacht, which first hit the seas in February.

Persons: Jeff Bezos, Lauren Sanchez, Bill Gates, Bumble, Whitney Wolfe Herd, Kris Jenner, Sarah Staudinger, Instagram, Paula Hurd, Page, Wendi Murdoch, Rupert Murdoch's, Ari Emanuel, Staudinger, Andrew Garfield, Tobey Maguire, Rania Al Abdullah, Queen of Jordan, Leonardo DiCaprio, Bezos, DiCaprio, Sanchez, Mackenzie Scott Organizations: Morning, Black Ops Aviation, Good Locations: Positano, Italy

☆ Chris Christie lures big donors as he takes on Trump, while billionaire ally Cohen sits out
▼ + stars: | 2023-06-20 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

A person close to Cohen told CNBC that Cohen has yet to donate to either Christie's campaign or the allied super PAC called Tell It Like It Is. Cohen has no immediate plans to help Christie or get involved with the GOP primary at large, but his intentions could always change, this person added. Wall Street executive and former Trump communications director Anthony Scaramucci previously told Semafor he expected Cohen to support Christie. Colin Reed, a spokesman for the Christie super PAC, would not say who has donated to the group so far and only described the funding support as "overwhelming." The data also shows that Cohen later contributed $1 million toward Trump's inaugural celebration — at a time when Christie also publicly supported Trump.

Persons: Chris Christie, Donald Trump, Christie, Steve Cohen, Cohen, Anthony Scaramucci, Semafor, Scaramucci, CNBC's, Jeb Bush, Marco Rubio, Colin Reed, Reed, Joe Biden, Steve Schwarzman, Andy Sabin, Trump, Alexandra, Christie's Organizations: New, New Jersey Gov, GOP, Republican, Mets, CNBC, Wall Street, Trump, Christie, Gov, Republican Party, Blackstone, America Locations: New Jersey, Wall

The characters on the HBO show "Succession" often reference real events and billionaire figures. Here's what the Roys have said, done, and worn that capture the real-life world of the rich. Top editors give you the stories you want — delivered right to your inbox each weekday. The HBO drama, which has won awards for its acting and writing, is also incredibly well-researched. There are obvious nods: The Roys, like the Murdochs and the Arnaults, have succession drama that's made for TV.

☆ Elon Musk says he's upped his sleep to 6 hours per night—and that his old routine hurt his brain
▼ + stars: | 2023-05-18 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Elon Musk says his days of trying to sleep less and work more are over — at least, relatively speaking. "And the brain pain level is bad if I get less than six hours [of sleep per night]." Now he gets at least seven hours of sleep, he wrote in a 2019 blog post. Musk often works seven days per week and only takes "two or three" truly workless vacation days per year, he said on Tuesday. "I work seven days a week, but I'm not expecting others to do that."

☆ How to know if your leadership style is more like Elon Musk or Steve Jobs — and what each of their strengths and weaknesses are
▼ + stars: | 2023-04-30 | by ( Christopher Myers | ) www.businessinsider.com time to read: +11 min

Isaiah Berlin, a prominent 20th-century philosopher and historian, popularized the foxes and hedgehogs metaphor in his 1953 essay "The Hedgehog and the Fox." By understanding this metaphor, modern business leaders can harness the strengths of both foxes and hedgehogs to navigate an increasingly complex and rapidly changing world. Leadership lessons from history: Xerxes and ThemistoclesExamining historical figures through the lens of the foxes and hedgehogs metaphor can provide valuable insights into the strengths and weaknesses of different leadership styles. Modern business titans: Steve Jobs and Elon MuskIn the world of technology and entrepreneurship, Steve Jobs and Elon Musk represent the quintessential hedgehog and fox, respectively. Isaiah Berlin's foxes and hedgehogs metaphor provides modern business leaders with a valuable framework for understanding and implementing effective leadership styles.

☆ Davos 2023: CEOs buzz about ChatGPT-style AI at World Economic Forum
▼ + stars: | 2023-01-17 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +3 min

DAVOS, Switzerland, Jan 17 (Reuters) - Business titans trudging through Alpine snow can't stop talking about a chatbot from San Francisco. Businesses including CarMax Inc (KMX.N) have already used Microsoft and OpenAI's tech, such as to generate thousands of customer review summaries when marketing used vehicles. Such buzz carried through gatherings at Davos, like talk about a slide-generating bot dubbed ChatBCG after the management consulting firm. loadingGenerative AI is "a game-changer that society and industry need to be ready for," stated an article on the World Economic Forum's website. Reporting By Jeffrey Dastin in Davos, Switzerland; Editing by Kenneth Li and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

☆ 100 UK companies are scrapping the 40-hour workweek. Here's how the standard work schedule became so popular in the first place.
▼ + stars: | 2022-11-28 | by ( Marguerite Ward | Shana Lebowitz | ) www.businessinsider.com time to read: +5 min

100 companies in the UK are adopting a four-day workweek without cutting pay for their employees. Here's a timeline of how the US adopted the five-day, 40-hour workweek. Indeed, the pandemic accelerated public discourse over whether the 40-hour workweek still makes sense for some employees. Here's a look back through the history of the 40-hour workweek and how we got to where we are today. How the 40-hour workweek has evolvedDespite the long work it took to make the 40-hour workweek a reality, research shows people do continue to log longer work hours.

☆ Joe Manchin tells CEOs it's 'foolish' for them to give money to political candidates while 'asking nothing in return'
▼ + stars: | 2022-11-03 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Democratic Sen. Joe Manchin addressed a room full of top CEOs on Thursday morning. He said that by "asking nothing in return" for political donations, CEOs were "supporting bad behavior." He expanded, contrasting the investments that CEOs make in the business world with the money that they contribute to political candidates' campaign accounts. Manchin suggested on Thursday that CEOs were making political contributions based on broader ideological dynamics — referencing Democrats who are "too liberal" or Republicans who voted against certifying the 2020 election results. While Manchin appeared to be suggesting an outright quid-pro-quo for political contributions, he added that political contributions from CEOs are fueling "bad behavior" by politicians, suggesting a broader point about political dysfunction.

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