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A modern grocery store whose shelves are packed with everything from pasta to wine fills a spot in central Havana once occupied by a drab state-owned flower shop, its ceilings and walls repaired and repainted. A former state glass company in a Havana suburb now houses a showroom for a private business selling Cuban-made furniture. And at the Cuban capital’s port, forklifts carefully unload American eggs from a refrigerated container. The eggs are bound for an online private supermarket that, much like Amazon Fresh, provides home delivery. These ventures are part of an explosion of thousands of private businesses that have opened in recent years across Cuba, a remarkable shift in a country where such enterprises have not been permitted and where Fidel Castro rose to power leading a communist revolution determined to eliminate capitalist notions like private ownership.
Persons: Fidel Castro Locations: Havana, Cuban, Cuba
The recent late-life critical embrace of a generation of underappreciated major female artists — the 91-year-old nude self-portraitist Joan Semmel, the 84-year-old visual artist and sculptor Barbara Chase-Riboud, the 87-year-old performance and multimedia provocateur Joan Jonas and the Cuban-born abstractionist Carmen Herrera, who died two years ago at age 106 — has brought a measure of satisfaction to the sculptor Arlene Shechet. Also, a good bit of eye rolling. “C’mon now, Carmen had to get to her 90s before people cared,” she says, standing in her roughly 5,000-square-foot Kingston studio, about two hours north of New York City, on a rainy late spring morning, attired in her usual work garb of a knitted cap and an indigo Japanese frock coat now used as a smock, flecked with clay dust and wood chips. “Everyone says ‘Oh, isn’t it so great that these women are getting their due?’ Actually, when you think about it, it’s pretty horrifying.”The 75-year-old Shechet — bemused, kinetic, indomitable — is not in danger of having to wait to be recognized, but you might not realize that, given the furious pace at which she continues to make art. Although she spent the early years of her career teaching at her alma mater, the Rhode Island School of Design, and at Parsons, and raising two children, now in their 30s, in an 1866 building in TriBeCa, continuing to sculpt in a basement studio after their bedtime, she has made up for lost time.
Persons: , Joan Semmel, Barbara Chase, Joan Jonas, abstractionist Carmen Herrera, Arlene Shechet, C’mon, Carmen, Organizations: Rhode Island School of Design Locations: Cuban, Kingston, New York City, Parsons, TriBeCa
Having an idea that you believe could become a lucrative business can bring a rush of excitement. Forvr Mood products can be found in Sephora stores nationwide, and sell direct-to-consumer via their website. Forvr Mood sold $700,000 worth of products within the first four hours of its launch, the company told Women's Wear Daily. "And when we started Forvr Mood, we started with candles and I was like, if [customers] are not here for it, I will be burning these candles by myself. Still, just because you're passionate about something doesn't mean it's a good business idea in and of itself.
Persons: Jackie Aina, Aina, fiancé, Denis Asamoah, Women's, DeAndre Brown, We're, Mark Cuban's Organizations: Amazon Insights
Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.
Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey
Russia said on Sunday that U.S. lawmakers' approval of $60.84 billion more in support for Ukraine showed that Washington was wading deeper into a hybrid war with Russia that would end in a humiliation on a par with Vietnam or Afghanistan. Russian Foreign Ministry Spokeswoman Maria Zakharova said that it was clear that the United States wanted Ukraine "to fight to the last Ukrainian" including with attacks on Russian sovereign territory and civilians. "Washington's deeper and deeper immersion in the hybrid war against Russia will turn into such a loud and humiliating fiasco for United States as Vietnam and Afghanistan," Zakharova said. She said that ordinary Ukrainians were being "forcibly driven to slaughter as 'cannon fodder'" but that the United States was now no longer betting on a Ukrainian victory against Russia. The leaders of the West and Ukraine have cast the war in Ukraine as an imperial-style land-grab which shows that post-Soviet Russia is one of the top two biggest nation-state threats to global stability, alongside China.
Persons: Vladimir Putin, Vladimir Putin's, Maria Zakharova, Zakharova, Putin Organizations: Sputnik, country's Labour, Social Protection, Ukraine, Cuban Missile, U.S . House, Russian Foreign Ministry, Russia, West Locations: Russian, Moscow, Russia, Washington, Vietnam, Afghanistan, Ukraine, U.S, Israel, Taiwan, United States, Ukrainian, Soviet Russia, China
CNN —Israel and Iran have now thrust the Middle East into a dangerous new era by erasing the taboo against overt military strikes on one another’s territory. Most immediately, the ball is in Iran’s court after Israel conducted strikes near the city of Isfahan early Friday. Initial reports suggest that the action was limited and, according to US officials, did not target Iranian nuclear sites in the area. Hours before the Israeli strikes, for instance, Iran had warned that any Israeli attack would be met with a robust response. “I do think it sends a message to Tehran that really they are more vulnerable to Israeli strikes than they would like to admit,” Davis said.
Persons: CNN —, Israel, Hossein Amir, Abdollahian, John Kennedy, Netanyahu, Biden, Benjamin Netanyahu, Joe Biden’s, it’s, Antony Blinken, Donald Trump, ” Aaron David Miller, ” Israel, they’d, Malcolm Davis, CNN’s Michael Holmes, ” Davis, Israel – Organizations: CNN, Islamic Revolutionary Guard Corps, Iran’s, Cuban, Israel, American, Hamas, Republicans, Democratic, US, Australian Strategic Policy Institute Locations: CNN — Israel, Iran, Isfahan, Israel, Syria, Iraq, Damascus, Gaza, United States, Washington, Italy, Lebanon, Tehran
And yes, we know Cuban's tax bill won't go directly to paying for these programs, but for the sake of context, here's what his taxes could have funded. Cuban's $275.9 million contribution to the US government could fully back the department with nearly half still left over. Cuban's million could easily cover congressional paychecks and even account for President Joe Biden's $400,000 salary and Vice President Kamala Harris' $235,100 salary. So, Cuban's $275.9 million wouldn't quite be able to cover the potential three-hour DOD cost at $291,095,890.41. While $275.9 million might not seem like it would make a dent in that astronomical number, every little bit helps!
Persons: Mark Cuban, Donald Trump, , Joe Biden, Jill Biden, Joe Biden's, Kamala Harris, It's Organizations: Service, Trump, Business, Government, Fund, NTSB, Transportation Safety Board, Transportation, DOD, Department of Defense, CNBC
"I pay what I owe," Cuban wrote on social media site X on Sunday. Long-term capital gains taxes apply to the sale of assets held for more than a year before they are sold. Capital gains rates are based on total taxable income and are generally lower than ordinary income rates. Paying more than a quarter of a billion dollars is "crazy and unreal in so many ways," Cuban wrote on X. "Some people might find it distasteful to pay taxes," Cuban wrote.
Persons: Mark Cuban Organizations: CNBC, Dallas Mavericks, Capital Locations: U.S, Cuban
Mark Cuban says he'll be paying $288 million in taxes to the IRS. The billionaire says he's "proud to pay my taxes every single year," unlike one ex-president. AdvertisementBillionaire Mark Cuban says he's happy to pay his fair share of taxes — unlike one former president. "This country has done so much for me, I'm proud to pay my taxes every single year. Tag a former president that you know doesn’t https://t.co/jxuICxOIAr — Mark Cuban (@mcuban) April 14, 2024This isn't the first time Cuban has taken a swipe at Trump.
Persons: Mark Cuban, he'll, he's, , Donald Trump, — Mark Cuban, Cuban, Axios, Joe Biden, Trump, didn't, E, Jean Carroll, Carroll, Forbes Organizations: Service, Trump, BI, New York Times, The Times, New, Trump Media & Technology Group, Bloomberg, Trump Media's Locations: Cuban, New York
Raul Rubiera | Miami Herald | Getty ImagesWhen Carolyn Lamb saw news of Cuban spy Victor Manuel Rocha's arrest on the news last December, she recognized him immediately. The lower the value of the claims, the less the Cuban government would have to pay in any future negotiated settlement. Ashby assumed Rocha's paranoia about eavesdropping was in response to the George W. Bush administration's opposition to the Cuba claims buying business. But according to the Justice Department, by that point Rocha was already in his third decade as a Cuban agent. File photo of former US ambassador to Bolivia, Manuel Rocha, talking to the press on the 11th of July 2001.
Persons: V, Manuel Rocha, Steel Hector, Davis, Raul Rubiera, Carolyn Lamb, Victor Manuel Rocha's, Rocha, Lamb, Lamb's, Castro, Justin Solomon, CNBC Castro didn't nationalize, of Rocha, Fidel Castro's, It's, Jason Poblete, Poblete, John Kavulich, Sears Roebuck, Timothy Ashby, Ashby couldn't, Ashby, George W, Bush, Little, Covert, Gonzalo Espinoza Organizations: Miami Herald, Steel, Cuban, US State Department, National Security, Cuban Telephone Company, " Beverage Company, CNBC, Pepsi, General Electric, Century Fox, Cuba Trade, Economic Council, Justice Department, Citizen, State Department, National Security Council, DOJ, Cubans, FBI, AFP, Getty Locations: America, Omaha, Bolivia, Cuba, Havana, United States, Cuban, Rocha, Columbia, Dominican Republic, Honduras, Mexico, Argentina, Miami, Chile
Mark Cuban has a simple tactic for inspiring young kids — and getting them to think about their own limitations, or lack thereof. "I get emails [from] kids around the world, because 'Shark Tank' is shown everywhere, asking me business questions," Cuban recently told the "Lex Fridman Podcast." The tactic is as simple as pointing to a lightbulb or chair. "When I go talk to elementary school kids, one of the things I do, I say, 'OK, let's look around. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Mark Cuban, Lex Fridman, Mary Murphy, Murphy, that's Organizations: Indiana University, CNBC, Cuban, CBS
Noah Berlatsky Noah BerlatskyAlex Garland’s “Civil War” has mostly been discussed as a reflection of, and a warning about, America’s current partisan divisions. Unlike the actual US Civil War, this one doesn’t seem to have any particular racial or racist connotations. But it’s the same kind of cop out that powers most of Hollywood’s most iconic Vietnam war movies. Hollywood Vietnam war movies generally aren’t about whether America did the right thing, nor are they about how America’s choices affected people in Vietnam. Stanley Kubrick's "Full Metal Jacket" (1987), starring Matthew Modine as Joker, is based on the events of the Vietnam war.
Persons: Noah Berlatsky, CNN —, Viet Thanh Nguyen, Noah Berlatsky Noah Berlatsky Alex Garland’s “, , he’s, Garland, Nick Offerman, Lee, Kirsten Dunst, Joel, Wagner Moura, Jessie, Cailee, Sammy, Stephen McKinley Henderson, Lee Wagner, Trump, Libya’s Muammar Gaddafi, Jesse Plemons, that’s, Francis Ford Coppola’s, Stanley Kubrick’s, don’t, , Dawn ”, Stanley Kubrick's, Matthew Modine, It’s, transfixed Organizations: CNN, Union, Hollywood, America, Central, Warner Bros Locations: Chicago, Vietnam, Viet, American, Washington, California, Texas, Hollywood Vietnam, American Vietnam, Hollywood
When Senator Robert Menendez was charged last year with corruption after investigators found $486,000 in cash stashed around his house in New Jersey, he offered a simple, “old-fashioned” explanation: It had been his custom to withdraw cash from a personal savings account to keep at home, a habit he learned from his Cuban immigrant parents. But federal prosecutors, in papers filed late Friday, presented fresh details that they suggested undercut Mr. Menendez’s claim. Some of the cash was wrapped in bands showing it had been withdrawn, at least $10,000 at a time, from a bank where Mr. Menendez and his wife “had no known depository account.” This, prosecutors said, indicated “that the money had been provided to them by another person.”
Persons: Robert Menendez, Menendez’s, Menendez, , Locations: New Jersey
New York CNN —Longtime broadcast journalist Robert MacNeil, who covered some of the biggest headlines of the 20th century and co-anchored PBS nightly news for two decades, died on Friday, PBS announced. MacNeil “was an incredibly erudite reporter, anchor and writer who raised the bar for serious journalism in America,” Sharon Percy Rockefeller, president of NewsHour Productions, said Friday in a news release. Arriving at PBS in the early 1970’s, MacNeil began a decades-long partnership with fellow journalist Jim Lehrer, according to PBS The two led PBS coverage of the Senate’s Watergate Hearings in 1973. In 1975, the pair co-founded the MacNeil/Lehrer Report, a show that would later become PBS NewsHour. MacNeil sat at the helm alongside Lehrer before leaving in 1995, according to PBS.
Persons: Robert MacNeil, MacNeil “, ” Sharon Percy Rockefeller, Jim Lehrer, MacNeil, John F, Kennedy, Lehrer, WETA, , Organizations: New, New York CNN, Longtime, PBS, NewsHour, NBC, WETA, Cuban Missile, MacNeil, Television, Writers ’ Conference Locations: New York, America, Montreal, Canada, Nova Scotia, London, Washington, DC, Dallas, WETA, United States
Not even a six-figure fine can get Mark Cuban to change his leadership tactics. A year later, he was fined $100,000 by the league for his unconventional methods of team leadership, he tells CNBC Make It. At the time, Cuban was 41 and full of energy after buying his way into his dream job. He still leans on his interpersonal leadership approach today, often providing advice, building connections and offering mentorship to contestants on ABC's "Shark Tank." If you're struggling with your own leadership style, Cuban recommends figuring out what being a leader actually means to you.
Persons: Mark Cuban, he'd, Draymond, Cuban, David Stern, Stern Organizations: Cuban, Yahoo, NBA's Dallas Mavericks, CNBC, NBA, Mavericks, National Society of Leadership
A former United States ambassador accused of working for decades as a secret agent for Cuba in one of the biggest national security breaches in years pleaded guilty on Friday and was sentenced to 15 years in prison. Manuel Rocha, 73, pleaded guilty to two charges — conspiring to defraud the United States as a foreign agent and failing to register as a foreign agent — as part of an agreement with the federal government. He also faces three years of supervised release, and a $500,000 fine. Mr. Rocha, wearing a beige prison uniform and black glasses, conceded before he was sentenced to the “betrayal of my oath of loyalty to the United States during my two decades in the State Department.”“During my formative years in college, I was heavily influenced by the radical politics of the day,” said Mr. Rocha, who prosecutors said was recruited by Cuban intelligence agents in 1973. “Today, I no longer see the world through the radical eyes of my youth.”
Persons: Manuel Rocha, , . Rocha, , Rocha Organizations: United, State Department, Locations: United States, Cuba, Cuban
Mark Cuban is worried that Americans will put too much emphasis on the economy when voting this fall. He argued that presidents have little impact on the economy. Polls show Americans still consider the economy a top issue for the election. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When asked what he wished more people understood about the economy, especially during an election year, he wrote in an email, "how little impact any president has."
Persons: Mark Cuban, , Joe Biden, Donald Trump Organizations: Service
TMTG stock has plunged 53% from its intraday peak two weeks ago, slashing Trump's net worth. AdvertisementDonald Trump has crashed out of the ranks of the world's 500 wealthiest people after the value of his meme stock nosedived. The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. AdvertisementTMTG shares hit an intraday high of $79 on March 26, valuing Trump's stake at close to $6.3 billion. That's still more than 1,200 times the $4.1 million of revenue it earned last year, which fueled a net loss of $58 million for Truth Social's parent company.
Persons: Donald Trump, , Forbes, Trump, George Soros, Mark Cuban, Giorgio Armani, Reed Hastings, Bernie Marcus, Ralph Lauren, TMTG Organizations: Service, Bloomberg, Trump Media & Technology, TMTG, Paramount, Etsy, Hasbro, American Airlines Locations: Monday's
JPMorgan Chase CEO and chairman Jamie Dimon believes artificial intelligence innovations will have as big of an impact on society as the invention of electricity and the internet. JPMorgan Chase began using AI over a decade ago, Dimon said in the letter. Additionally, JPMorgan Chase invests $12 billion annually in a wide variety of technologies, including AI. Dimon likening AI innovation to the invention of the internet suggests the tech's impact may be felt beyond the business world. In a Nov. 9 blog post, Microsoft co-founder Bill Gates said AI "will utterly change how we live our lives, online and off."
Persons: Jamie Dimon, Dimon, JPMorgan Chase, he's, Mark Cuban, I've, Bill Gates Organizations: JPMorgan Chase, JPMorgan, CNBC, Microsoft
Mark Cuban believes you're capable of greatness — as long as you stay open-minded enough to discover your strengths. "I'm a hardcore believer that everybody has something that they're really, really, really good at — that could be world-class great. "I [only] took one technology class in college, Fortran programming, and I cheated on it," Cuban said. "That's when I realized that I can be really, really good at technology." After getting fired from that sales job, Cuban started a software company called MicroSolutions, which he sold to CompuServe for $6 million in 1990.
Persons: Mark Cuban, Lex Fridman, he'd, Cuban Organizations: Cuban, Mellon Bank, Mellon, CompuServe, Yahoo, CNBC Locations: Pittsburgh, Dallas, Cuban
I know DEI is a positive because I see its impact on bottom lines. Cuban told BI. Advertisement"You may not agree, but I take it as a given that there are people of various races, ethnicities, orientation, etc that are regularly excluded from hiring consideration," Cuban told Musk in January. In March, Cuban told podcaster Lex Fridman that "it's fun to engage" with Musk on diversity initiatives. "When we start talking about DEI and that it's de facto racist — this stuff that I just think is nonsense — I have no problem sharing my opinion," Cuban told Fridman.
Persons: , Cuban, That's, Christopher Rufo, Jordan Peterson, Peterson, Christopher, Jordan, — Mark Cuban, Elon, Musk, podcaster Lex Fridman, Fridman Organizations: Service, Business, Twitter, BI, Fortune, DEI Locations: Cuban
On television, Mark Cuban is a savvy and patient negotiator. But when the entrepreneur was a newly minted billionaire with cash to spend, he used a different tactic to buy the NBA's Dallas Mavericks. "It was all about fun," Cuban, 65, told NBA player Draymond Green's podcast, "The Draymond Green Show," on Monday. The following year, Cuban — a self-proclaimed basketball junkie — acquired a majority stake in the Mavericks for $285 million, from real estate developer Ross Perot Jr. The moment the deal was signed, Cuban hit the ground running, he told Green: "It was done.
Persons: Mark Cuban, Draymond, , Ross Perot Jr, Green Organizations: Dallas Mavericks, Yahoo, Mavericks Locations: Cuban
Mark Cuban says he enjoys his online sparring matches with Elon Musk. Cuban told podcaster Lex Fridman that he likes pushing back on Musk's platform. AdvertisementMark Cuban is having fun prodding Elon Musk. And Cuban says he enjoys poking the bear — even if his discussions about DEI with the tech mogul aren't always fruitful. He just comes back with snark comments," Cuban said in an interview on the Lex Fridman Podcast.
Persons: Mark Cuban, Elon Musk, podcaster Lex Fridman, , Musk, aren't, Lex Fridman Organizations: Elon, Service, Business
That same day, he took off his watch and threw it away, he said at a SXSW panel earlier this month. "This time wasn't spent to learn about what my dad did, but to learn that his job didn't have a future," Cuban said. "[Buying a private plane] was my all-time goal because the asset I value the most is time, and that bought me time," Cuban told told Money in 2017. Today, Cuban wears an Apple Watch to track his health metrics, he said at SXSW — but it hasn't changed his stance on time. "I wanted to make enough money so I didn't have to respond to anybody else," Cuban said in a recently released MasterClass course.
Persons: splurging, Mark Cuban, wasn't, Cuban's, Cuban, hasn't Organizations: CNBC, Yahoo, Guinness, World Records, Cuban, Apple Watch, SXSW, Dallas Mavericks, Cost Locations: Pittsburgh
The Trump White House experienced a record turnover rate, a Brookings Institution study showed. Billionaire Mark Cuban says that's one reason he won't vote for Donald Trump. Still, those numbers reflect a relatively stable presidency — especially, as Cuban noted, when comparing the turnover rate to Trump's White House. According to the study, that was the highest first-year turnover rate for any presidency in at least four decades. By the end of his administration, the Trump White House saw a 92% turnover rate during his time in office.
Persons: Billionaire Mark Cuban, Donald Trump, Biden hasn't, Cuban, podcaster Lex Fridman, , Mark Cuban, Lex Fridman, Joe Biden, Biden, Fridman, he's, hasn't, who's, Marcia L, Fudge, Marty Walsh, Trump, Biden's, George H.W Organizations: Trump White House, Brookings, Billionaire, Service, Trump, Cuban, Biden Administration, Urban Development, Labor, Brookings Institution, Trump White, Obama Administration, Biden, Republican Locations: Cuban, Bush, Brookings
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