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Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ Fortune Magazine Names a New C.E.O.
▼ + stars: | 2024-04-09 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: 1 min

Fortune named Anastasia Nyrkovskaya as its next chief executive on Tuesday, making her the first woman to lead the 95-year-old business publication. She takes over from Alan Murray, who announced in October that he would step down in 2024 after nearly 10 years at Fortune. Ms. Nyrkovskaya had been the chief financial officer and chief strategy officer since 2019. In an interview, Ms. Nyrkovskaya said Fortune was profitable and had added more than 130 positions in the past 12 months across the editorial and business sides. The company now has about 360 workers, including just over 100 in the newsroom.

Persons: Fortune, Anastasia Nyrkovskaya, Alan Murray, Nyrkovskaya, “ Organizations: Fortune

☆ Premarket stocks: Warren Buffett’s favorite indicator is flashing red
▼ + stars: | 2024-03-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —The “Buffett Indicator” is flashing red. If the stock market is growing a lot faster than the economy, that could be a sign of a bubble. Yes, but: The so-called Buffett Indicator is not without flaw. By the closing bell, Trump Media ended at $57.99, up by a more modest 16% on the day. He said Trump Media is likely worth somewhere around $2 a share — nowhere near its closing stock price of $58.

Persons: Warren Buffett, Fortune Magazine “, Berkshire Hathaway, John Hussman, Hussman, Larry Summers, “, ”, Louis Navellier, Goldman Sachs, Navellier, doesn’t, Buffett, they’re, Jamie Dimon, Kevin Gordon, Charles Schwab, Elisabeth Buchwald, Donald Trump’s, CNN’s Matt Egan, Jay Ritter, Ritter Organizations: CNN Business, Bell, New York CNN, Fortune Magazine, Nvidia, Federal Reserve, Bloomberg, Navellier, Associates, “, JPMorgan, CNBC, CNN, Visa, Mastercard, Court, Eastern, of, National Retail Federation, Trading, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC Locations: New York, of New York

☆ Don't be surprised if Mark Cuban runs for president
▼ + stars: | 2023-11-29 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

Mark Cuban is departing "Shark Tank" and selling his majority stake in the Dallas Mavericks. He's been outspoken about his interest in politics for years and almost ran for president in 2020. He denied on Wednesday that he's running for president, but what else could he possibly be doing? download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLater, Cuban revealed in a CNN interview that he seriously considered running for president in the 2020 race.

Persons: Mark Cuban, He's, —, Miriam Adelson, Sheldon Adelson, ABC's, that's, Ross Perot, Joe Biden, who's, Trump, Mark Cuban's, John Boehner, Hillary Clinton, Donald Trump's, America's Organizations: Dallas Mavericks, Service, Hollywood, Mavericks, Cuban, Yahoo, Fortune, Gulfstream, Kroger, Republican, Texas, CNN Locations: , Texas, Dallas

☆ 'Grandpa Google' is in danger of becoming irrelevant to younger generations, company exec testifies at antitrust trial
▼ + stars: | 2023-10-26 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Google leaders fear the search engine could become irrelevant to youth, a company exec testified. Senior VP Prabhakar Raghavan said Google is beset by rivals and youth call it "Grandpa Google." The company is defending itself in a landmark antitrust case brought by the US government. And it cited evidence that consumers switch their search engine to Google the majority of the time in cases where another search engine is offered as the default choice. One option would be to prohibit Google from paying companies to make Google a default search engine.

Persons: Prabhakar Raghavan, Google, —, Google's, Raghavan, Grandpa Google, Bing, Trump, Judge Amit Mehta Organizations: Google, Service, Fortune, Yahoo, The, Apple, Microsoft, Justice Department Locations: U.S, Alexandria , Virginia

Prabhakar Raghavan, Google's senior vice president for knowledge and information products, testified for the tech giant as it defends itself in the biggest antitrust trial in the last 25 years. The government has accused the company of illegally thwarting competitors from making inroads against its ubiquitous search engine. Google says its search engine is dominant because it has a better product than its competitors. And it cited evidence that consumers switch their search engine to Google the majority of the time in cases where another search engine is offered as the default choice. One option would be to prohibit Google from paying companies to make Google a default search engine.

Persons: Prabhakar Raghavan, Google's, Raghavan, Google, Grandpa Google, ” Raghavan, ”, Bing, Trump, Judge Amit Mehta Organizations: WASHINGTON, Google, Fortune, Yahoo, The, Apple, Microsoft, Justice Department Locations: U.S, Alexandria , Virginia

Butler, a Democratic insider and former labor leader, had never held public office before joining the Senate. Under California election rules, the two candidates who receive the most votes advance to the November general election, regardless of party. But to Democratic consultant Garry South, who has run six statewide campaigns in California, including for former Gov. Then, on the campaign side, Butler could talk about Democratic legislative wins and building on Feinstein’s legacy. National Democratic fundraising could pose a challenge in 2024, since the California Senate seat is expected to stay in Democratic hands when control of the chamber will be decided elsewhere.

Persons: Sen, Dianne Feinstein, Laphonza Butler, Gavin Newsom, Butler, Feinstein, Katie Porter, Adam Schiff, Barbara Lee —, Steve Garvey, coy, she’s, I’m, ”, “ It's, Schiff, Nancy Pelosi, Newsom, “, Rebecca Pearcey, Elizabeth Warren’s, “ It’s, Garry South, Gray Davis, ’, ” Newsom, Kamala Harris ’, Newsom’s, Lee, ” Schiff, Porter, Pearcey, ” Pearcey, Washington gridlock, Butler “, she'll Organizations: ANGELES, Democratic, Senate, Democratic House, Associated Press, ., Gov, Airbnb, Capitol, Democratic Party, National Democratic, California Senate Locations: U.S, California, Washington, Laguna Niguel, Los Angeles

☆ Evergrande founder joins list of Chinese tycoons investigated, arrested
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +4 min

Following is a list of some other high-profile Chinese executives who have been investigated or arrested under Xi's leadership. BAO FAN, FOUNDER OF CHINA RENAISSANCEThe founder of China Renaissance Holdings (1911.HK) was detained in February and the investment bank said in August he was co-operating with authorities as investigations continued. Wu was arrested in June 2017 amid Beijing’s campaign to curtail big-spending conglomerates as it cracked down on financial risk. YE JIANMING, FOUNDER OF CEFC CHINA ENERGYIn 2017, Ye's CEFC agreed to buy a nearly $9.1 billion stake in Russian oil major Rosneft. A year later, he was investigated for suspected economic crimes and disappeared from public view in March 2018.

Persons: Hui Ka Yan, Xi Jinping, ZHAO WEIGUO, Tsinghua Unigroup, Zhao, Bao, Morgan Stanley, Didi, XIAO JIANHUA, Xiao, CHEN FENG, TAN XIANGDONG, GROUP, Tan, WU XIAOHUI, Wu, JIANMING, Ye's CEFC, magazine's, Kane Wu, Selena Li, Anne Marie Roantree, Miyoung Kim, Lincoln Organizations: HK, Evergrande, TSINGHUA UNIGROUP, Tsinghua University, Tsinghua, OF CHINA, China Renaissance Holdings, Credit Suisse Group, OF, China's Communist Party elite, Reuters, HNA, Hainan Airlines, Deutsche Bank, Hilton Worldwide, Prosecutors, Thomson Locations: China, Chinese, Guangdong, Shanghai, Hong Kong, Hainan, CHINA

☆ It's not just you. LinkedIn has gotten really weird.
▼ + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com time to read: +19 min

The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.

Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, —, , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California

☆ Julia Boorstin: I Strive To Be Intellectually Ambitious
▼ + stars: | 2023-07-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJulia Boorstin: I Strive To Be Intellectually Ambitious"Invest in the stock market and invest in yourself." Senior Media & Tech correspondent Julia Boorstin shares the advice she would give to her younger self and how she went from Fortune Magazine to CNBC.

Persons: Julia Boorstin Organizations: Invest, Media, Tech, Fortune Magazine, CNBC

Suzanne KapnerSuzanne Kapner writes about the retail industry for The Wall Street Journal from New York. She won a 2017 Society for Advancing Business Editing and Writing, or Sabew, award for her coverage of the retail industry in crisis, including a series of stories about the downfall of Sears. She was part of a team that won a 2021 Sabew honorable mention for stories detailing fashion’s new China problem. Suzanne joined the Journal in 2011 to cover Citigroup. She has written about finance and retailing at various publications, including the New York Times and Fortune magazine, during her more than three decades in journalism.

Persons: Suzanne Kapner Suzanne Kapner, Neiman Marcus, Michael Kors, Ralph Lauren, Suzanne Organizations: Wall, JCPenney, Abercrombie, Fitch, Sears, Citigroup, New York Times, Fortune, Syracuse University Locations: New York, China

☆ Sallie Krawcheck says a single decision was almost ‘the end of my career’—instead it launched her to Wall Street stardom
▼ + stars: | 2023-05-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +6 min

Sallie Krawcheck's legendary Wall Street career almost ended soon after it began. The move was slammed by her Wall Street peers. On Wall Street, the consensus is often seen as the safest bet. You were among the first female CEOs on Wall Street. The upside to running one of these storied Wall Street firms is [that] I'm going to get to turn it around, I'm going to learn a tremendous amount, I'm going to do something no one else has done.

☆ A 'Diet Coke break' is the latest example of Gen Zs and Millennials insisting on work-life balance
▼ + stars: | 2023-04-28 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

The idea of "sharing a Coke," or taking a Diet Coke break, is also prominent in the soda brand's advertising history. Seninger says she's always been a "Diet Coke break girl" — even before she started posting about it on TikTok last year. A Diet Coke break helps me to romanticize that part of my day and take a break," Seninger said. In another TikTok, a creator captioned her Diet Coke break video: "Studies show Diet Coke breaks significantly improve one's mental health." In the past, he's said he drinks a minimum of five cans of Diet Coke or Cherry Coke a day.

☆ Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94
▼ + stars: | 2023-03-25 | by ( Noel Randewich | ) www.reuters.com time to read: +5 min

SAN FRANCISCO, March 24 (Reuters) - Intel Corp (INTC.O) co-founder Gordon Moore, a pioneer in the semiconductor industry whose "Moore's Law" predicted a steady rise in computing power for decades, died Friday at the age of 94, the company announced. Intel and Moore's family philanthropic foundation said he died surrounded by family at his home in Hawaii. In recent years, Intel rivals such as Nvidia Corp (NVDA.O) have contended that Moore's Law no longer holds as improvements in chip manufacturing have slowed down. He went to work at the Shockley Semiconductor Laboratory where he met future Intel cofounder Robert Noyce. In 1968, Moore and Noyce left Fairchild to start the memory chip company soon to be named Intel, an abbreviation of Integrated Electronics.

☆ Intel co-founder Gordon Moore, author of ‘Moore’s Law’ that helped drive computer revolution, dies at 94
▼ + stars: | 2023-03-24 | by ( ) edition.cnn.com time to read: +5 min

Intel co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Law” predicted a steady rise in computing power for decades, died Friday at the age of 94, the company announced. Intel (INTC) and Moore’s family philanthropic foundation said he died surrounded by family at his home in Hawaii. It’s been a phenomenal ride.”In recent years, Intel rivals such as Nvidia (NVDA) have contended that Moore’s Law no longer holds as improvements in chip manufacturing have slowed down. He went to work at the Shockley Semiconductor Laboratory where he met future Intel cofounder Robert Noyce. In 1968, Moore and Noyce left Fairchild to start the memory chip company soon to be named Intel, an abbreviation of Integrated Electronics.

☆ IMF chief: Ukraine war will have ‘devastating’ consequences for Russia’s economy
▼ + stars: | 2023-03-08 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

In January, the IMF projected that Russia’s economy would expand by 0.3% this year and 2.1% the next. Georgieva told CNN that Russia’s economy would suffer over time as workers emigrated and access to technology was cut off, and as sanctions on its vast energy industry took a toll. Yet according to Georgieva, it’s essential policymakers don’t ease up on interest rate hikes prematurely, lest prices soar again. The Fed slowed the pace of rate hikes last month, but Powell indicated in testimony to Congress Tuesday that the central bank may need to turn hawkish again. The Fed “would be prepared to increase the pace of rate hikes” if necessary, he added.

☆ Sam Bankman-Fried funded more than 90% of a leading DC ethics group's political arm in 2021
▼ + stars: | 2022-12-29 | by ( Brent D. Griffiths | Dave Levinthal | ) www.businessinsider.com time to read: +3 min

One of those was the political arm of the Campaign Legal Center, a prominent DC watchdog group. Insider has learned that Bankman-Fried's donations funded more than 90% of the political arm in 2021. Bankman-Fried donated $760,000 to the Campaign Legal Center's action fund in 2021, according to a spokesperson for the organization. Insider previously reported that Bankman-Fried donated more than $2.5 million to the Campaign Legal Center and its affiliate organizations since 2021. Under its action group, the Campaign Legal Center filed a number of prominent lawsuits in 2021.

☆ America’s richest lost $660 billion collectively in 2022 — Elon Musk lost the most
▼ + stars: | 2022-12-27 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Globally, the world's billionaires lost nearly $2 trillion, combined, in 2022, according to Forbes. Jeff BezosTitle: Founder and chair, AmazonEstimated 2022 losses: -$80 billionNet worth: $106.8 billion as of Dec. 272. Mark ZuckerbergTitle: Co-founder, Meta Platforms (Facebook's parent company)Estimated 2022 losses: -$78 billionNet worth: $42.7 billion as of Dec. 273. Larry PageTitle: Co-founder and board member, GoogleEstimated 2022 losses: -$40 billionNet worth: $76.8 billion as of Dec. 274. Phil KnightTitle: Chair, NikeEstimated 2022 losses: -$18.3 billionNet worth: $45.2 billion as of Dec. 275.

☆ CEOs who resist America's growing union wave are making a 'huge mistake' in the war for talent
▼ + stars: | 2022-12-17 | by ( Juliana Kaplan | Marguerite Ward | ) www.businessinsider.com time to read: +5 min

America's unionization wave doesn't show signs of dissipating, and CEOs would be better suited adjusting their leadership style to meet it, especially as the war for talent continues. "Taking it very personally, and making it very personal, has been a huge mistake that employers have made," Bronfenbrenner told Insider. It's a measure that workers want things that employers can't give them and only a union can give them." "When more workers have unions, wages rise for union and non-union workers," Janelle Jones, the chief economist at the Department of Labor, wrote on the department's website. "But there are other measures — if you have a union, you'll have lower turnover, workers will be more productive.

☆ Remote Work Is Gutting Downtowns, Will Cost Cities $453 Billion
▼ + stars: | 2022-12-06 | by ( Emil Skandul | ) www.businessinsider.com time to read: +13 min

Even 2 1/2 years later, most city downtowns aren't back to where they were prepandemic. Without more-robust policies to address failing downtowns, cities are going to start hurting. The increased cancellations of office leases have cratered the office real-estate market. Since 2016, only 112 commercial office spaces in the US have been converted, while 85 projects are underway or have been announced, according to CBRE's data. The birth of the central social districtTo avoid a commercial real-estate apocalypse, cities will need to streamline conversions.

☆ Josh Brown featured in Fortune magazine cover story
▼ + stars: | 2022-11-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJosh Brown featured in Fortune magazine cover storyJosh Brown joins the 'Halftime Report' to talk about being featured in a Fortune magazine piece on financial strategies for recessionary conditions.

☆ JCPenney was once a shopping giant. Can it make a comeback?
▼ + stars: | 2022-11-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +14 min

People walk past a JCPenney store at the Queens Center Mall in New York in 2016. The Denver Post/Getty Images Shoppers hurry across an intersection in front of a JCPenney store in Denver in 1964. Anne Cusack/The Los Angeles Times/Getty Images Customers shop at a new JCPenney store in New York in 2009. Mary Altaffer/AP A customer goes down an escalator at a JCPenney store in Westminster, Colorado, in 2009. Don Emmert/AFP/Getty Images JCPenney CEO Jill Soltau speaks during an interview in Fort Worth, Texas, in 2019.

☆ FTX flop evokes history’s great financial swindles
▼ + stars: | 2022-11-18 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

As Walter Bagehot wrote in “Lombard Street” in 1873, “The good times too of high price almost always engender much fraud. As cryptocurrencies declined in value, FTX provided a line of credit to BlockFi, a stricken crypto-lender. He talked about Three Arrows Capital, the failed crypto hedge fund, as engaged in “punting”. His firm launched a product based on a basket of crypto assets that it called Shitcoin Index Perpetual Futures, with the unsubtle ticker SHIT-PERP. He commissioned an advertisement, aired during the Super Bowl, in which the comedian Larry David casts doubt on the viability of FTX.

☆ Twitter employees who technically resigned on Thursday say they can still use internal systems, amid speculation the staff responsible for cutting access are also quitting
▼ + stars: | 2022-11-18 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Staff who didn't sign up for Elon Musk's "hardcore" Twitter say they still have access to systems. This led to speculation that the the staff responsible for cutting access had also left Twitter. Some Twitter staff told The Verge they were speculating this was because the employees who handled access to internal company systems had also resigned. Out of about 4,000 remaining Twitter employees, less than 2,000 chose to stay on and work with Musk as the owner, Insider's Kali Hays reported. Thursday's resignations triggered a wave of salute emojis and farewell messages on Twitter's Slack, a former worker told Insider.

☆ The 'next Warren Buffett' curse: Sam Bankman-Fried is the latest market icon to fall after being compared to the legendary investor
▼ + stars: | 2022-11-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

The Warren Buffett curse is alive and well following the collapse of Sam Bankman-Fried and his crypto exchange FTX. Fortune magazine asked if Bankman-Fried was the next Warren Buffett in an August profile. Fortune put Bankman-Fried on the front page of its August issue, asking readers if he was in fact the next Warren Buffett? Several of Palihapitiya's SPAC companies soared in value amid the SPAC boom of 2020 and the early months of 2021. Palihapitiya was often compared to Buffett by market participants, and Brown called the investor "the new Buffett" on a podcast in January 2021.

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