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☆ Republican megadonor Jeff Yass, inner circle give millions to shape schools, courts
▼ + stars: | 2024-04-09 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The firm and the foundation are twin enterprises of Republican megadonor Jeff Yass, and a small group of allies. The foundation is run by Yass and other veteran Susquehanna executives, according to the documents that are current through 2022. The Susquehanna Foundation is one of two foundations that Yass and his closest friends have funded and led. The other foundation is even less well known: the Claws Foundation. Similar to Susquehanna, Claws is the charitable arm of one person: Arthur Dantchik, a co-founder of Susquehanna International Group with Yass, is the sole listed donor to Claws Foundation.

Persons: Jeff Yass, Arthur Dantchik, Dantchik, Brendan Fischer, Summer Lee, Donald Trump, Jeffrey Yass Organizations: Republican, Susquehanna Foundation, Susquehanna International Group, Susquehanna, Claws Foundation, Susquehanna International, Sterling Foundation Management, CNBC, Cato Institute, Institute for Justice, Supreme, Atlas Network, Competitive Enterprise, Competitive Enterprise Institute, Susquehanna Growth Equity Fund III, Moderate PAC, Democratic Rep, Politico, Democratic Locations: Yass, Bala Cynwyd, Pennsylvania, Susquehanna, Virginia, Dantchik, Washington, Pitchbook

Cadre Holdings CEO Warren Kanders sold $50.3 million worth of stock. Ares Management CEO Michael Arougheti sold $32.7 million worth of stock. Cadence Design Systems CEO Anirudh Devgan sold $14.7 million worth of stock. AppLovin CFO Herald Chen sold about $9.5 million worth of stock. Cleanspark CEO Zachary Bradford sold nearly $9 million worth of stock.

Persons: Michael Dell, Verity Data, Mark Zuckerberg, Chan Zuckerberg, Zuckerberg, Priscilla Chan, Warren Kanders, Kanders, Jayshree Ullal, Michael Arougheti, Sytse Sijbrandij, Sijbrandij, Anirudh Devgan, Aneel Zaman, Herald Chen, Zachary Bradford Organizations: Dell Technologies, Dell, DELL, Securities and Exchange Commission, Chan Zuckerberg Initiative, Facebook, Cadre, VerityData, Arista Networks, Ares Management, Cadence Design, Herald Locations: 10b5

☆ Musk’s haphazard philanthropy is under scrutiny
▼ + stars: | 2024-03-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

As CEO of Tesla, “I’ve done more for the environment than any single human on Earth,” he told the New York Times last year. But American tax law dangles some significant incentives for them to do so. Musk likely managed to shave a couple billion off his $11 billion tax bill in 2021, thanks to the $5.7 billion he donated to the Musk Foundation, according to the Times. In Musk’s case, according to the Times, that meant giving millions of dollars to Cameron County, Texas. “The way I see Elon Musk is that he’s really pushing the limits of the alternative approaches to philanthropy,” Pasic said.

Persons: CNN Business ’, New York CNN — Elon Musk, Tesla, ”, MacKenzie Scott, Jeff Bezos, “, ’, ’ ” Musk, Musk, ” Amir Pasic, Indiana University Lilly, Elon, ” Pasic Organizations: CNN Business, New York CNN, New York Times, Musk, Times, Indiana University, Indiana University Lilly Family School of Philanthropy, SpaceX Locations: New York, Cameron County , Texas

☆ Elon Musk Has a Giant Charity. Its Money Stays Close to Home.
▼ + stars: | 2024-03-10 | by ( David A. Fahrenthold | Ryan Mac | ) www.nytimes.com time to read: 1 min

Before March 2021, Elon Musk’s charitable foundation had never announced any donations to Cameron County, an impoverished region at the southern tip of Texas that is home to his SpaceX launch site and local officials who help regulate it. Then, at 8:05 one morning that month, a SpaceX rocket blew up, showering the area with a rain of twisted metal. The Musk Foundation began giving at 9:27 a.m. local time.

Persons: Elon Organizations: SpaceX, Musk Foundation Locations: Cameron County, Texas

☆ Warren Buffett honors Charlie Munger in annual note, Berkshire reports record cash pile
▼ + stars: | 2024-02-24 | by ( Nicole Goodkind | Eva Rothenberg | ) edition.cnn.com time to read: +11 min

Courtesy of Susie Buffett Buffett teaches a class at the University of Nebraska-Omaha. Courtesy of Susie Buffett Buffett married his first wife, Susan, in 1952. Courtesy of Susie Buffett Buffett and his wife pose at the beach with their three children. Courtesy of Susie Buffett Buffett poses for a photo in 1980. Nati Harnik/AP Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are seen on a giant screen during the Berkshire Hathaway shareholders meeting in 2013.

Persons: Warren Buffett’s, Charlie Munger, Buffett, Munger, ”, Charlie, Berkshire Hathaway, “ Charlie, Munger’s, Greg Abel, Abel, Berkshire’s, Greg, ” Buffett, “ Greg, Berkshire Berkshire Hathaway, Warren Buffett, Nati, Laila, Howard Buffett, Howard, Susie Buffett, Ernest, Susie Buffett Laila Buffett, Warren, Doris, Susie Buffett Warren Buffett, Susie Buffett Buffett, Susan, Peter, Lee Balterman, Salomon, Marcy Nighswander, AP Buffett, Buffett's, Mark Peterson, Curt Hudson, Arnold Schwarzenegger, Kathy Willens, Chris Machian, Dave Weaver, Michael Israel, John Sleezer, Bill Gates, Mario Tama, Barack Obama, Obama, doggedly, isn't, Jim Watson, Daniel Acker, Harry Benson, Getty Images Buffett, Astrid, David Cameron, Brendan Hoffman, Kristoffer Tripplaar, Alamy Buffett, Scott Eells, Chris, Franklin, Ndamukong Suh, Scott Olson, Huang Jihui, Jason Miller, Adam Jeffery, Hillary Clinton, Kempin, Forbes, Andy Kropa, Scott Morgan, Reuters Buffett, Andrew Harrer, Apple Berkshire Hathaway Organizations: New, New York CNN, Berkshire Hathaway, Investors, Oracle, “, Berkshire, Berkshire Berkshire, University of Nebraska -, Getty, Federal Reserve, AP, Omaha for Berkshire, Bloomberg, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Kansas City Star, Girl Scouts, Buffett, Microsoft, Getty Images, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Cleveland Cavaliers, Moon, NBA, CNBC, Reuters, Apple Berkshire, Apple, Securities and Exchange Commission, HP, Paramount Locations: New York, Omaha, “ Berkshire, Berkshire, The Omaha , Nebraska, Omaha , Nebraska, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, AFP, Washington , DC, Illinois, Sun Valley , Idaho

☆ Want to Lose a Lot of Money, Fast? Buy a Small Soccer Team in England.
▼ + stars: | 2024-02-24 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

Few industries are quite as appealing or as prestigious as English soccer, and Mr. Thompson has a piece of it. But while his team might be small, Mr. Thompson is of the view that it is, at least, as perfectly formed as any minor-league English soccer club could hope to be. Mr. Thompson has spent considerable sums of money modernizing the bathrooms, the club shop and the private boxes. “We have done most of the hard yards,” Mr. Thompson said. After a cancer scare last year led him to reassess his priorities, Mr. Thompson has, reluctantly, decided that he has to “hand the baton” to someone else.

Persons: Geoff Thompson, Thompson, South Shields, Mr Organizations: Shields F.C, Premier League, English Locations: South

☆ Trailer park caretaker surprises his hometown with a gift of $3.8 million, years after another secret millionaire did the same nearby
▼ + stars: | 2023-12-02 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

In the small town of Hinsdale, New Hampshire, people knew Geoffrey Holt as the unassuming caretaker of the mobile home park where he lived. What they didn't know was that he was a multimillionaire — and he donated the entirety of his $3.8 million fortune to the 4,000-person community after he died at age 82 in June. "Geoff was a private person, preferring to be in the crowd rather than in the front of it," Smith tells CNBC Make It. Holt had previously confided to Smith about his wealth, but Smith didn't know of Holt's plans until he became caretaker. He didn't own a car and lived frugally in a mobile home on the 25-acre land Smith owned.

Persons: Geoffrey Holt, Holt, Edwin, Smokey, Smith, Geoff, Mr, Holt's Organizations: CNBC, New, New Hampshire Charitable Foundation, Navy Locations: Hinsdale , New Hampshire, Brattleboro, New Hampshire, Hinsdale

☆ Man who lived frugally leaves unexpected gift of $3.8 million to small New Hampshire town after death
▼ + stars: | 2023-11-21 | by ( Michelle Watson | ) edition.cnn.com time to read: +3 min

CNN —A man who lived frugally all his life left an unexpected gift of $3.8 million after his death to his small New Hampshire town with less than 4,000 residents. He moved to New Hampshire in 1968 and lived on his social security checks for the last 15 years of his life, Smith said. Holt lived in a trailer park in the town, and the kitchen chairs in his mobile home were made of plywood, Smith said. The nearly $4 million gift came from a trust fund Holt established in 2001, primarily made in mutual funds accounts, according to Smith. A ‘transformational’ gift for a small communityThe town is considering various avenues to use the funds from the newfound gift, Lynch said, including possibly buying an electronic voting machine and fixing the town hall clock, which doesn’t work properly.

Persons: Geoffrey Holt, Edwin “ Smokey ” Smith, Holt’s, Smith, Holt, “ Geoffrey, ”, Hinsdale , New Hampshire Robert F, ” Smith, …, Kathryn Lynch, Lynch, ” Lynch, Kristen Oliveri, ” Oliveri, “ Organizations: CNN, New, New Hampshire Charitable Foundation Locations: New Hampshire, Hinsdale, Massachusetts, Hinsdale , New Hampshire, ”

☆ Focus: Giorgio Armani fashions his own legacy with succession plan
▼ + stars: | 2023-11-15 | by ( Elisa Anzolin | ) www.reuters.com time to read: +6 min

[1/5] Giorgio Armani appears at the Emporio Armani Spring/Summer 2024 collection fashion show during Milan Fashion Week in Milan, Italy, September 21, 2023. All are currently board members and, apart from Rosanna, all work for the Armani group. The Armani group has almost 9,000 employees. Any eventual stock market listing requires the favourable vote of the majority of directors "after the fifth year following the entry into force of this statute". The Armani group declined to comment on a potential listing in the mid-term.

Persons: Giorgio Armani, Claudia Greco, Armani, Pantaleo Dell'Orco, Guido Corbetta, Rosanna, Silvana, Roberta, Andrea Camerana, Dell'Orco, women's, Bernard Arnault, Sergio Galeotti, Hans Wilsdorf, Gucci, Corbetta, outlast, Elisa Anzolin, Keith Weir, Alexander Smith Organizations: Milan, REUTERS, Reuters, Milan's Bocconi University, Armani, Entertainment, VIP Relations, Rolex, Kering, Thomson Locations: Milan, Italy, MILAN

ORCHARD PARK, N.Y. (AP) — Buffalo Bills safety Damar Hamlin is honoring the medical team that helped save his life by launching a scholarship program for Cincinnati youths on Sunday. The announcement coincides with the Bills’ first return to Cincinnati to play the Bengals on Sunday night. Hamlin and the Bills arrived in town a day earlier, when the player personally unveiled the scholarship program during a dinner with the 10 life-savers. “I’m humbled by the opportunity to set up a scholarship program to honor this team of professionals — my Cincinnati heroes — who helped save my life,” Hamlin said in a released statement. He eventually went on to play for the University of Pittsburgh and was drafted by the Bills in 2021.

Persons: Damar Hamlin, M’s, Hamlin, “ I’m, —, ” Hamlin, I’m, I’ve, ___ Organizations: — Buffalo Bills, Cincinnati, Bills, Bengals, Pittsburgh, Central Catholic High School, University of Pittsburgh Locations: ORCHARD, Cincinnati

CINCINNATI (AP) — The Cincinnati Bengals showed a national TV audience on Sunday night they are still serious AFC playoff contenders. The latest was a 24-18 victory over the Buffalo Bills in a rematch of a divisional playoff game from last season. Joe Burrow threw for a season-high 348 yards and two touchdowns, and Cincinnati's defense forced two turnovers and held off the Bills. The subsequent Bengals drive ate up 5:20 and a 20-yard field goal by Evan McPherson extended Cincinnati's lead to 24-10. Aided by a roughing the passer call on the Bills' Tim Settle, Burrow put together another extended drive.

Persons: “, ”, Tee Higgins, Joe Burrow, ” Burrow, “ We've, Burrow, Irv Smith Jr, Drew, Josh Allen, Cam Taylor, Britt, Allen, Nick Scott upended, Dalton Kincaid, Evan McPherson, Stefon Diggs, Sean McDermott, ” Allen, Diggs, Smith, Tim Settle, Joe Mixon, Zac Taylor, We've, Damar Hamlin, Hamlin, LB Terrel Bernard, ___ Organizations: CINCINNATI, Cincinnati Bengals, AFC, Bengals, Buffalo Bills, Cincinnati, Bills, Cleveland, Ravens, AFC North, Steelers, Browns, Buffalo, ” Bengals, Paycor, LB, Denver Broncos, Houston Texans, ___ AP Locations: Cincinnati, Pittsburgh, Nick Scott upended Buffalo, Buffalo's

She hopes the foundation's success in providing support to communities in Haiti even while gang violence escalates in the country will convince other nonprofits to help as well. “Part of this campaign is to help other funders understand that there is an ecosystem in Haiti that is functioning,” Montgomery Tabron said. We're trying to explain to partners that we can help connect them to those places, those pockets of hope where the investments will truly matter and make a difference." In the past month, “Pockets of Hope” raised an additional $20 million collectively in commitments from the Digicel Foundation, the Dunn Family Charitable Foundation, and the Amsterdam-based Porticus foundation. Actress Garcelle Beauvais, who emigrated from Haiti to the United States as a child, told The Associated Press that she wanted to support “Pockets of Hope” to let Haitians know that they have not been forgotten by the rest of the world.

Persons: Jovenel Moïse, Montgomery Tabron, ” Montgomery Tabron, “, Hope ”, Garcelle Beauvais, ”, Beauvais, that's, ’, António Guterres, ” Beauvais, Kellogg Organizations: —, Kellogg Foundation, Digicel Foundation, Charitable Foundation, Associated Press, Housewives, Beverly, United Nations, U.S . Agency for International, Government, USAID, Lilly Endowment Inc, AP Locations: Haiti, Amsterdam, United States, Beverly Hills, Los Angeles, ”, Prince, U.S

Copeland spoke with The Associated Press about her new focus, fighting for more inclusive emojis, and staying in shape. She wants to push the boundaries and it didn’t matter what question I asked her, she was going to push me (laughs) in every way. That to me is like the grand scheme theme is that art saves lives, and dance and ballet can be inclusive. AP: Why did you start a petition to create new emojis related to dance that are more inclusive? All of these things that I think are such an incredible evolution of where I’ve come from as an artist and as a Black artist.

Persons: Misty Copeland, Copeland, Nathaniel Mary Quinn, Twlya Tharp, Tharp, COPELAND, Twyla, I’ve, we’ve, she’s, Misty, Quinn, it’s, Tik, I’m, ABT, Derek Jeter, Wayne Gretzky Organizations: American Ballet Theatre, PBS, Associated Press, Twitter, Misty Copeland Foundation, Lincoln Center Locations: It’s

NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Engoron’s ruling, in a phase of the case known as summary judgment, resolves the key claim in James’ lawsuit, but several others remain. “Today, a judge ruled in our favor and found that Donald Trump and the Trump Organization engaged in years of financial fraud," James said in a statement. James’ lawsuit is one of several legal headaches for Trump, the Republican front-runner in next year's election. James’ lawsuit does not carry the potential of prison time, but could complicate Trump's ability to transact real estate deals.

Persons: —, Donald Trump, Judge Arthur Engoron, Letitia James, Engoron, Christopher Kise, ”, Kise, Eric, Engoron's, Eric Trump, “, James ’, Trump, James, He'll, James wasn’t, ” Trump, Allen Weisselberg, Michael Cohen, Eric Tucker, Jill Colvin, Bernard Condon, David B, Caruso Organizations: White, New York, Trump Organization, Trump, New, Democrat, Mar, Republican, D.C, Buffalo Bills, Trump Foundation, Associated Press, Washington , D.C Locations: New York, United States, Lago, Florida, Manhattan, Georgia, Washington, Washington ,, Summerville , South Carolina

☆ OpenAI CEO says possible to get regulation wrong, but should not fear it
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Sept 25 (Reuters) - The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI. Many countries are planning AI regulation, and Britain is hosting a global AI safety summit in November, focusing on understanding the risks posed by the frontier technology and how national and international frameworks could be supported. We've been calling for regulation, but only of the most powerful systems," he said. "Regulation has been not a pure good, but it's been good in a lot of ways. "It is possible to get regulation wrong, but I don't think we sit around and fear it.

Persons: OpenAI, Sam Altman, We've, Altman, Terry Gou, it's, Gou, Ben Blanchard, Ed Osmond Organizations: Microsoft Corp, Apple, Thomson Locations: TAIPEI, Britain, Taipei

☆ Chick-fil-A returns to UK after gay rights backlash forced a retreat
▼ + stars: | 2023-09-15 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Chick-fil-A is making another foray into the United Kingdom after gay rights campaigners forced the fast-food chain to close a pop-up site in the country in 2019. Each restaurant will be owned and operated as a franchise, Chick-fil-A said, and each is expected to create between 80 and 120 jobs. Chick-fil-A opened a temporary store in Reading, a town west of London, in 2019, triggering protests by local LGBTQ+ rights activists. For years, the restaurant chain has faced criticism from LGBTQ+ rights activists for its past donations to Christian organizations, including the Salvation Army and Fellowship of Christian Athletes, which have expressed opposition to gay rights, including same sex marriage. However, in 2019 the restaurant chain changed the focus of its charitable foundation.

Persons: London CNN —, Dan Cathy, Chick, Truett Cathy, we’ve, ” Joanna Symonds, ” Organizations: London CNN, Berkshire, Salvation Army, of Christian Athletes, Baptist Press Locations: United Kingdom, North America, Reading, London, Asia

☆ ‘The Blind Side' subject Michael Oher says adoption by Tuohy family was a lie, he was cut out of money from movie
▼ + stars: | 2023-08-14 | by ( Doha Madani | Diana Dasrath | ) www.cnbc.com time to read: +4 min

Michael Oher #73 of the Carolina Panthers watches play against the Arizona Cardinals during the NFC Championship Game at Bank Of America Stadium on January 24, 2016 in Charlotte, North Carolina. "The lie of Michael's adoption is one upon which Co-Conservators Leigh Anne Tuohy and Sean Tuohy have enriched themselves at the expense of their Ward, the undersigned Michael Oher," the petition to terminate the conservatorship in Shelby County Court in Tennessee said. The story of Oher and the Tuohy family became the subject of an Oscar-winning film, "The Blind Side," starring actor Sandra Bullock in the role of Leigh Anne Tuohy. According to the petition, Oher does not recall signing the agreement for the rights to his life story. In addition to termination, Oher's petition requests the court issue an injunction barring the Tuohys from using his name and likeness.

Persons: Michael Oher, —, Conservators Leigh Anne Tuohy, Sean Tuohy, Sandra Bullock, Leigh Anne Tuohy, Michael Lewis, Leigh Anne, Oher, Michael, Oher's, Tuohys Organizations: Carolina Panthers, Arizona Cardinals, NFC, Bank Of America, NFL, Shelby County Court, Century Fox, Briarcrest Christian School, NBC News, Creative Artists Agency Locations: Charlotte , North Carolina, Shelby County, Tennessee

☆ Mark Zuckerberg's 'Year of Efficiency' spreads from Meta to Priscilla Chan's charitable organization, which just laid off dozens of people
▼ + stars: | 2023-08-10 | by ( Kali Hays | ) www.businessinsider.com time to read: +2 min

The Chan Zuckerberg Initiative is a charitable vehicle for the wealthy couple. The charitable foundation of Mark Zuckerberg and his wife Priscilla Chan conducted its first layoff this week. The cuts at the Chan Zuckerberg Initiative impacted 48 employees, according to two people familiar with the company. Over at Meta, employees there have dealt with layoffs since November, as the company looked to reduce costs in the face of slowing revenue growth and massive expenses on Zuckerberg's metaverse ambitions. It seems that mandate has made its way over to the CEO's charitable initiative as well.

Persons: Chan Zuckerberg, CZI, Mark Zuckerberg, Priscilla Chan, Chan, Raymonde Charles, Charles, Zuckerberg Organizations: Harvard University, Meta, Facebook Locations: Meta

☆ Ocomtun: Laser mapping reveals a forgotten Maya city in the jungle
▼ + stars: | 2023-07-26 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Maya civilization is best known for its pyramid temples and impressive stone structures that have been found across southern Mexico, Guatemala, Belize, Honduras and El Salvador. Pictured here are the remains of a building with a staircase in the city of Ocumtun. He’s mapped more than 20,000 square kilometers (7,722 square miles) of Central American jungle and been involved in 45 archaeological projects, including the discovery of the largest and oldest Maya temple near Tabasco, Mexico, and tens of thousands of Maya structures and settlements in the Guatemalan jungle. Unraveling OcumtunIt could take years to fully excavate Ocomtun and get a deeper understanding of the site and why it was abandoned. A stone block with a relief, reused in a stairway in the city of Ocumtun.

Persons: Juan Carlos Fernandez, Diaz, he’s, they’ve, Juan Fernandez, Jonathan Burke, ”, Fernandez, LiDAR, Ivan Šprajc —, —, Šprajc, Ivan Šprajc, ” Fernandez, Založba Rokus, Ken, Julie Jones, it’s Organizations: CNN, University of Houston, National Center, Slovenian Academy of Sciences and Arts, ZRC, Ocumtun, SAZU, Adria, Kreditna družba, Ars Longa, Julie Jones Charitable Foundation, Milwaukee Audubon Society Locations: Campeche, Yucatan, Mexico, Guatemala, Belize, Honduras, El Salvador, America, Ocumtun, Central American, Tabasco, Guatemalan, Kreditna družba Ljubljana

☆ In Hong Kong, homes for the dead can be more expensive than for the living
▼ + stars: | 2023-07-07 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +8 min

Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The wavy exterior of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Architect Ulrich Kirchhoff at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The entrance of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Niche compartments to store urns at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2.

Persons: Noemi Cassanelli, Shan, Kwai Chung, Shan Sum’s, Ulrich Kirchhoff, Feng Shui, Margaret Zee, Zee, “, it’s, ” Zee, “ It’s, they’ve, Hong Kong’s, Hong Kongers, Cassanelli, Shun Sum, Pan Tong, Zee’s, Guanyin, I’m, ” Tong Organizations: Hong Kong CNN, HK, CNN, Hong Kong’s Consumer Council, Hong, Food, Environmental Hygiene Department Locations: Hong Kong, German, Kwai Chung, Kwai, Fanling, New York City, Hong, Shan

☆ Greta Thunberg has accused Russia of ‘ecocide’ in Ukraine. But what does that mean?
▼ + stars: | 2023-07-02 | by ( Radina Gigova | ) edition.cnn.com time to read: +10 min

The Deep-Water Horizon oil spill, severe pollution in the Niger Delta and Amazon deforestation, could be examples of ecocide, said Jojo Mehta, co-founder and executive director of Stop Ecocide International. A number of others have debated doing the same, including Brazil, Canada, Kenya, the Maldives and the UK, according to Stop Ecocide International. “It is not a question of whether ecocide will become part of international criminal law, it’s only a question of when,” Sands said. A working group, including Thunberg, has also been established to draw attention to the environmental impact of war. If ecocide were an international crime, it could give the process more authority, some experts say.

Persons: Volodymyr Zelensky, Greta Thunberg, “, Sergei Supinsky, ”, Doug Weir, Polly Higgins, ” Weir, Jojo Mehta, Michael Dantas, Jair Bolsonaro, ” Philippe Sands, Mehta, wasn’t, it’s, ” Sands, Weir, Anna Ackerman, Matthew Hatcher, Ackerman, can’t Organizations: CNN, Getty, Criminal Court, ICC, Observatory, Criminal, International Institute for Sustainable Development, Ukraine’s Locations: Ukraine, Europe, Swedish, Kyiv, Russia, AFP, British, Niger Delta, Humaita, Amazonas, Brazil, ecocide, Rome, Canada, Kenya, Maldives, Mykolaiv, Odesa, Kherson

☆ Prince Harry and Meghan to Part Ways With Spotify
▼ + stars: | 2023-06-16 | by ( Derrick Bryson Taylor | ) www.nytimes.com time to read: 1 min

Spotify and Archewell Audio, the production company started by Prince Harry and his wife, Meghan, have ended their partnership less than a year after her podcast, “Archetypes,” debuted on the platform, the companies announced on Friday. The companies said in a joint statement that they had “mutually agreed to part ways” and were “proud of the series” they made together. It was unclear what led to the decision or whether the podcast would continue on another platform. A spokeswoman for Archewell, a charitable foundation started by the couple, did not immediately return a request for comment on Friday. Although Harry and Meghan’s future with Spotify is uncertain, the couple has other business ventures — namely their multiyear deal with Netflix, which will see them make documentaries, docu-series, feature films, scripted shows and children’s programming.

Persons: Prince Harry, Meghan, ”, Harry Organizations: Spotify, Archewell, Netflix

According to court filings, Caspersen in 2015 closed a major deal to recapitalize a private equity fund and then embezzeled an $8.1 million fee the fund had paid to PJT. To recoup the money owed to PJT, Caspersen defrauded Moore, which supports environmental nonprofits, into investing $25 million in the deal even though it had already been completed. The foundation sued PJT the following year, claiming the bank had been negligent in failing to more closely supervise Caspersen after he delayed in remitting the $8.1 million fee to the bank. Caspersen's fraud should have been foreseeable in light of the missing $8.1 million fee "and Caspersen’s purportedly sloppy attempt to cover up his embezzlement," Cannataro wrote. The case is The Moore Charitable Foundation v PJT Partners Inc, New York Court of Appeals, No.

Persons: Andrew Caspersen, Anthony Cannataro, Moore, Caspersen, PJT, Cannataro, Madeline Singas, Singas, Michael Garcia, Stephen Shackelford, Susman Godfrey, Aidan Synnott, Paul Weiss Rifkind Wharton, Garrison Read Organizations: Bank, NY, The New, Appeals, PJT Partners, Moore Charitable, Park Hill Group, Caspersen, New, Thomson Locations: The New York, PJT, Caspersen, New York

☆ Wall Street Journal: George Soros has handed control of his charitable and political activities to his son Alex
▼ + stars: | 2023-06-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Billionaire George Soros, a leading philanthropist and contributor to liberal political causes, has tapped his 37-year old son Alexander Soros to lead his charitable foundation and political action committee, according to the Wall Street Journal. In an interview with the Journal Sunday, Alexander Soros was revealed to be the chair of the Open Society Foundations, Soros’ main philanthropic organization. George Soros, 92, is worth an estimated $6.7 billion according to Forbes, but his foundations are worth far more than that. He has given $32 billion to his Open Society Foundations, according to its website. His political action committee, Democracy PAC, gave $81 billion in political donations during the 2019-2020 election cycle, according to Open Secrets, which tracks political donations and spending.

Persons: George Soros, Alexander Soros, Alex, Chuck Schumer, Luiz Inácio Lula da Silva, Justin Trudeau, Forbes Organizations: New, New York CNN, Wall Street, Sunday, Open Society, Soros, Biden Administration, Canada’s, Democracy PAC Locations: New York

☆ These rich and famous people got burned by investing hundreds of millions in Elizabeth Holmes' Theranos
▼ + stars: | 2023-06-04 | by ( Ryan Hogg | Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Here are some who got burned by Theranos, from the Walton family to Rupert Murdoch. Rupert Murdoch invested $125 million in Theranos. Julio Cortez/APThe DeVos familyThe DeVos family, who are heirs to the Amway empire and includes former US Secretary of Education Betsy DeVos, poured $100 million into Theranos. Joshua Roberts/ReutersThe Cox familyTheranos also got $100 million from the Atlanta-based billionaire Cox family, which owns the media and automotive company Cox Enterprises. The Cox family was the eight-wealthiest in the US as of 2020, with a net worth of $34.5 billion at the time, according to Forbes.

Persons: Elizabeth Holmes, Theranos, Walton, Rupert Murdoch, Holmes, Ramesh, Sunny, Balwani, Forbes —, Murdoch, Julio Cortez, Betsy DeVos, they're, Joshua Roberts, Cox, Carlos Slim Carlos Slim, América, Andreas Dracopoulos, Stavros Niarchos, Robert Kraft, It's, Kraft, Tom Brady, Matt Slocum, Alan Eisenman Alan Eisenman, Eisenman Organizations: Morning, Wall Street, Walmart, Forbes, Rupert Murdoch Media, Street, Amway, Cox Enterprises, Stavros Niarchos Foundation, Robert Kraft New England Patriots, Bloomberg, New England Patriots, CBS Locations: Theranos, Atlanta, Latin America, Mexico, FTX

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