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☆ Schonfeld's Asia cohead is leaving the $10 billion firm's fast-growing outpost
▼ + stars: | 2024-05-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Eric To is leaving the $10 billion New York-based multi-manager, people close to the firm told Business Insider. He was the cohead of APAC and head of APAC fundamental equity. This story is available exclusively to Business Insider subscribers. A person close to the firm told Business Insider that To's cohead, Chris Antonelli, will take over as the sole head of the Asia business going forward. In the five years To was there, this person noted, Schonfeld's Asia business expanded to Japan and Australia and nearly tripled its head count in the region.

Persons: —, Eric, Sol Kumin's, Chris Antonelli, Ken Organizations: Service, Business, Schonfeld, SAC Capital, Schonfeld's, Citadel Locations: York, Hong Kong, Folger Hill, Asia, Balyasny, Schonfeld's Asia, Japan, Australia, APAC

☆ This college town is experimenting with giving low-income entrepreneurs and gig workers $12,672, no strings attached
▼ + stars: | 2024-05-07 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Ann Arbor's program, called Guaranteed Income to Grow Ann Arbor, is giving low- and moderate-income residents $528 a month, no strings attached. Over 50 municipalities have tried the GBI model since 2019, offering low-income participants between $100 and $1,000 a month, no strings attached for one to five years. "This pilot will help us learn whether guaranteed income payments can be an effective way to help some entrepreneurs with their business efforts." Chicago announced in April that it restarted its previous GBI program that offered low-income residents $500 a month. A GBI program in Harris County, Texas is being challenged by Attorney General Ken Paxton, who called the program "unconstitutional."

Persons: —, Ann, Ann Arbor's, Monique Gonzalez, Ann Arbor, GBI, Ken Paxton Organizations: Service, Business, Local, Services, Denver, Ann Arbor Area Community Foundation, University of Michigan, Chicago, Republican Locations: Ann Arbor , Michigan, Ann Arbor, San Antonio, Antonio's, Ann, Michigan, Atlanta, Denver, Flint, Harris County , Texas, Iowa , Arizona, South Dakota

☆ US inflation will soar if America doesn't undergo reindustrialization, investment manager says
▼ + stars: | 2024-05-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Prices in the US could keep going up if the US doesn't "reindustrialize" its economy, Richard Bernstein said. The US has a "massive" trade deficit at a time when world trade is becoming fragmented, he noted. AdvertisementInflation will climb higher if the US economy doesn't reindustrialize its economy, according to investment manager Richard Bernstein. World trade has become more fragmented since the pandemic, and rising geopolitical tensions are a sign that the trend is continuing, he said. If it doesn't … we're going to have tremendous inflation here in the United States," Bernstein said to CNBC on Monday.

Persons: Richard Bernstein, —, Bernstein, Ken Griffin Organizations: US, Service, Commerce Department, CNBC, JPMorgan Locations: United States, America

☆ Watch CNBC’s full interview with Citadel CEO Ken Griffin
▼ + stars: | 2024-05-06 | 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 EmailWatch CNBC’s full interview with Citadel CEO Ken GriffinCitadel CEO Ken Griffin joins 'Power Lunch' to discuss inflation, deglobalization, and the markets.

Persons: Ken Griffin Organizations: Citadel

☆ Citadel CEO Ken Griffin: The Fed is making the right choice, higher for longer
▼ + stars: | 2024-05-06 | 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 EmailCitadel CEO Ken Griffin: The Fed is making the right choice, higher for longerCNBC’s Sara Eisen with Ken Griffin, Citadel CEO, joins 'Power Lunch' to discuss inflation, deglobalization and the markets.

Persons: Ken Griffin, Sara Eisen Organizations: Email, Citadel

☆ Ex-GOP Rep. Ken Buck says he wanted to leave Congress 'about three weeks' after he arrived: 'It took me a long time to figure out how to get out of this place'
▼ + stars: | 2024-05-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Onetime Rep. Ken Buck didn't have a very good impression of Capitol Hill upon his arrival in 2015. Buck told The New York Times that he wanted out of Congress "about three weeks" into the role. But the ex-congressman remarked that it took him a while to map out a plan to leave the House. AdvertisementFormer Rep. Ken Buck has not been shy about calling out what he says is the highly dysfunctional nature of Congress. Related storiesBut not even a month into his tenure in Congress, Buck revealed that he was already eyeing the exits.

Persons: Ken Buck didn't, Buck, —, Ken Buck, they've, Buck — Organizations: New York Times, Service, The Colorado Republican, GOP, Washington Post, The New York Times, Times, Capitol

☆ Elon Musk and Jeff Bezos hang out with celebrities in Miami during the F1 Grand Prix weekend
▼ + stars: | 2024-05-05 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The Miami Grand Prix took place this weekend. AdvertisementBillionaires mingled with athletes and celebrities this weekend during the Miami Grand Prix. The third-annual Miami Grand Prix officially kicked off on Friday, with racers like Max Verstappen and Daniel Ricciardo duking it out on the Miami International Autodrome. Alexander Tamargo/Getty ImagesElon Musk also made an appearance during the Miami Grand Prix weekend. Alexander Tamargo/Getty ImagesAlthough the Miami Grand Prix is a spectacle that draws F1 fans from all walks of life, it also helps boost the local economy.

Persons: Jeff Bezos, Elon Musk, —, Max Verstappen, Daniel Ricciardo duking, Tom Brady, Clive Rose, Page, Miami Mayor Francis Suarez, Alex Spiro, Jamie Saltar, Brady isn't, Bezos, Brady, Ken Griffin, Alexander Tamargo, Musk, Ken Griffins, Jared Kushner, Ivanka, Romain Maurice, Ivanka Trump, LeBron James, Patrick Mahomes Organizations: Miami, Prix, Elon, Service, Miami Grand Prix, Miami International, NFL, Sports Illustrated, Miami Mayor, Getty, Express, Citadel, Citadel Securities, Ivanka Trump, Los Angeles Lakers, Kansas City Chiefs, Athletic Locations: SoFlo, Miami, Bezos, Citadel, Chicago, South Florida, Miami , Florida

The leader of the World Food Program said that parts of the Gaza Strip are experiencing a “full-blown famine” that is spreading across the territory after almost seven months of war that have made delivering aid extremely challenging. “There is famine — full-blown famine in the north, and it’s moving its way south,” Cindy McCain, the program’s director, said in excerpts released late Friday of an interview with “Meet The Press.”Ms. McCain is the second high-profile American leading a U.S. government or U.N. aid effort who has said that there is famine in northern Gaza, although her remarks do not constitute an official declaration, which is a complex bureaucratic process. She did not explain why an official famine declaration has not been made. But she said her assessment was “based on what we have seen and what we have experienced on the ground.”

Persons: ” Cindy McCain, ” Ms, McCain Organizations: Food Program, “, Press Locations: Gaza, U.S

☆ Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
▼ + stars: | 2024-05-04 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world. It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends. Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed. First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation. Brian Doyle of Nihon Global and his team are a good example of this.

Persons: Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire Organizations: Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D Locations: Japan, Toyo, North America, Mexico, U.S, American, United States, Asia

☆ Michael Showalter on 'the Idea of You' Controversial Ending, 'Wet Hot'
▼ + stars: | 2024-05-04 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +12 min

Michael Showalter kept acting long after he realized he didn't want to do it anymore — mostly because he needed to eat. Showalter got his start in college doing sketch comedy as a member of The State (formerly The New Group). Fast forward roughly two decades and Showalter has found himself right where he was always meant to be. But as I grew older, it was a combination of I wasn't getting cast in things, but I also wasn't really needing to get cast in things. Is there any one moment where you realized acting wasn't what you loved doing?

Persons: Michael Showalter, Showalter, Michael Ian Black, Joe Lo Truglio, Thomas Lennon, Ken Marino —, he'd, didn't, wasn't, Baxter, he's, Sally Field, Kumail Nanjiani, Zoe Kazan, Oscar, Nanjiani, Jessica Chastain, Tammy Faye, Elizabeth Holmes, Amanda Seyfried, Holmes, Jennifer Westfeldt, Lee's, Anne Hathaway, Reid Scott, Ella Rubin, Nicholas Galitzine, Claudette Godfrey, Daniel Boczarski, You've, you've, … It's, Ivanov, Kevin Kline, I'm, Adam Jason Finmann, gee, Hayes, Alisha Wetherill, Nicholas, Nick, Cathy Schulman, He's, It's, Anne, Bernie Telsey, Maria Organizations: The, Business, MTV, Globe, BI, SXSW, Knitting Factory, Amazon, Netflix Locations: New Jersey, Austin, Hollywood , California

The Justice Department is expected to announce the indictment of longtime Rep. Henry Cuellar, D-Texas, on Friday, two sources familiar with the matter told NBC News. It wasn't immediately clear if the indictment was related to the 2022 raid. A year after the raid — which had not previously yielded arrests or charges — Cuellar told the Texas Tribune: "There has been no wrongdoing on my part. Despite the raid, Cuellar narrowly defeated a progressive challenger, Jessica Cisneros, in his 2022 primary and went on to win re-election to his seat that November. A member of the centrist Blue Dogs and New Democrat Coalition, Cuellar was first elected to the House in 2004.

Persons: Henry Cuellar, Cuellar's, Joshua Berman, Cuellar, — Cuellar, Jessica Cisneros, Cassy Garcia Organizations: NBC News, Congressional Azerbaijan Caucus, Texas Tribune, Texans, Republican, Cuellar, Dogs, New Democrat Coalition Locations: Texas, Laredo , Texas, Azerbaijan, U.S, San Antonio

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ Here's why Americans having fewer kids won't doom the economy
▼ + stars: | 2024-05-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

America's falling population isn't necessarily bad for the economy, Fisher Investments said. The US birth rate just fell to its lowest level in over 40 years, according to provisional CDC data. AdvertisementAmericans aren't having nearly as many kids as they used to, but that won't be the blow to the US economy that many have feared, according to Fisher Investments. Related storiesBut fewer babies being born isn't necessarily a bad thing for the economy, the firm said. "Yes, falling birth rates could have negative long-run ramifications if a true reduction in human capital and other factors don't offset this.

Persons: —, Goldman Sachs, Fisher, Ken Fisher Organizations: Fisher Investments, Service, Centers for Disease, Bank

☆ Robert Downey Jr. disagreed with Chris Hemsworth that he was 'replaceable' as Thor, said he has 'most complex psyche out of all us Avengers'
▼ + stars: | 2024-05-02 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Robert Downey Jr. disagreed with Chris Hemsworth, who said he was "replaceable" as Thor. AdvertisementRobert Downey Jr. disagreed with Chris Hemsworth after the "Thor" star said he was "replaceable" in the "Avengers" movies. "Hemsworth is, in my opinion, the most complex psyche out of all us Avengers. He's got wit and gravitas, but also such restraint, fire, and gentleness," Downey Jr. continued, before describing Hemsworth's work in "Thor: Ragnarok," "Avengers: Infinity War," and "Avengers: Endgame" as a "formidable hat trick." Downey Jr. and Chris Evans both left after "Endgame," and Scarlett Johansson exited following 2021's "Black Widow."

Persons: Robert Downey Jr, Chris Hemsworth, Thor, Hemsworth, —, You've, Downey, Kenneth Branagh, Ken Branagh, He's, Dave Bautista, Kumail Nanjiani, Anthony Hopkins, Mark Ruffalo, Jeremy Renner, Downey Jr, Chris Evans, Scarlett Johansson, Marvel Organizations: Service, Marvel, Fair, Marvel Studios

☆ Citadel's stock-pickers lead the way in April — here's how hedge fund competitors fared
▼ + stars: | 2024-05-02 | by ( Bradley Saacks | Alex Morrell | ) www.businessinsider.com time to read: +1 min

Ken Griffin's $61 billion Citadel is leading multistrat funds in performance this year. The firm's flagship fund returned 2% in April, bringing 2024 gains to 7.8%. Firms such as Walleye, Millennium, and Schonfeld are also off to a strong start this year. Despite equity markets tumbling in April, Ken Griffin's teams of stockpickers helped lead his firm to a 2% return in its $61 billion flagship fund. A person close to Griffin's Citadel told Business Insider that Wellington's year-to-date returns rose to 7.8% following April's gains.

Persons: Ken Griffin's, stockpickers Organizations: Citadel, Walleye, Griffin's Citadel, Business Locations: Miami

☆ A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.
▼ + stars: | 2024-05-01 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +8 min

Fewer construction workers means less — and slower — residential construction, which in turn leads to higher home prices, according to a 2023 report from researchers at the University of Utah and the University of Wisconsin-Madison. Builders and infrastructure projects are in desperate need of all kinds of construction workers, but especially skilled tradespeople. Simonson said that allowing more immigrants into the country to fill construction jobs is crucial. Making the industry more appealing to womenBoushey pointed out that the share of women in the overall construction industry has climbed. The construction industry is also at a disadvantage because most workers can't do manual labor until they retire.

Persons: —, Ken Simonson, Kit Dickinson, Dickinson, Ben Brubeck, Maja Rosenquist, Mortenson, we've, Simonson, Brubeck, Rosenquist, Joe Biden, Franklin D, Roosevelt, Heather Boushey, Biden, Boushey, she's Organizations: Service, Associated Builders and Contractors, Business, Associated, Contractors of America, University of Utah, University of Wisconsin - Madison, ADP, —, Builders, Infrastructure Investment, Jobs, Economic Advisers Locations: president's, America

☆ NASCAR and Its Race Teams Fight Over the Sport’s Future
▼ + stars: | 2024-05-01 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

When Michael Jordan and his right-hand man, Curtis Polk, bought a NASCAR team in 2020 with the driver Denny Hamlin, they were prepared to endure short-term losses. The Next Generation cars that were introduced in 2022 would cost top teams about $18 million a year to run before paying a driver, and their team, 23xi, had two. But they believed they’d make that money back over time because NASCAR had a lot of room to grow. Sponsorships, the lifeblood of every race team, were still in demand, especially for a team owned by a basketball legend like Jordan. The main reason, they said, is NASCAR’s reluctance to share more of its growing revenue with 23xi and the 15 other racing teams in the NASCAR Cup Series.

Persons: Michael Jordan, Curtis Polk, Denny Hamlin, Jordan Organizations: NASCAR, Fox, NBC, Amazon, Warner Bros .

☆ Law Firm Defending Trump Seeks to Withdraw From a Long-Running Case
▼ + stars: | 2024-04-30 | by ( Ken Bensinger | ) www.nytimes.com time to read: +1 min

A law firm that has long defended Donald J. Trump’s campaign and businesses from employment lawsuits has abruptly asked to withdraw from a yearslong case over what it calls an “irreparable breakdown in the attorney-client relationship.”The firm — LaRocca, Hornik, Greenberg, Rosen, Kittridge, Carlin and McPartland — has represented Mr. Trump’s political operation in numerous suits dating to his first presidential run, helping secure several settlements and dismissals and billing nearly $3 million in the process. But late on Friday, it asked a federal magistrate judge to allow it to withdraw from a suit filed by a former campaign surrogate, A.J. Delgado, who says she was sidelined by the campaign in 2016 after revealing she was pregnant. Delgado in 2016. Credit... via YouTubeIn the request, filed in federal court in Manhattan, the lead lawyer, Jared Blumetti, did not provide any details about the dispute, asking permission to “explain” the matter privately with the judge. Mr. Blumetti did not respond to a request for comment.

Persons: Donald J, ”, —, Hornik, Greenberg, Rosen, Kittridge, Carlin, McPartland —, Delgado, Jared Blumetti, Blumetti Organizations: YouTube Locations: Manhattan

CNN —Judge Juan Merchan handed down his first punishment to Donald Trump for violating the judge’s gag order in the New York hush money trial Tuesday, fining Trump $9,000 for nine violations. Instead, Davidson negotiated a $130,000 hush money deal with Cohen on Daniels’ behalf, and she did not speak out publicly before the 2016 election. In his order, the judge warned Trump that he could be imprisoned if he continues to willfully violate the gag order. “All you have to do is talk to that a**hole Cohen,” Davidson recalled. His son, Eric Trump, attended the trial – the first family member of the former president to appear during the trial.

Persons: Juan Merchan, Donald Trump, fining, Daniels, Karen McDougal, Keith Davidson, Trump’s, Michael Cohen, Davidson, Cohen, Trump, –, Merchan, David Pecker, “, ” Merchan, Stormy’s, McDougal, ’, Dylan Howard –, Gina Rodriguez, “ It’s, ” Davidson, Rodriguez, Peggy Peterson, David Dennison, Joshua Steinglass, Dennison, ” Steinglass, ” Cohen, Gary Farro, Daniels ’, Farro, ” Trump, “ Michael Cohen, He’s, Judge Merchan didn't, Jean Carroll, Prosecutors, Melania Trump, Eric Trump, Susie Wiles, Ken Paxton, David McIntosh, Barron’s Organizations: CNN, fining Trump, Trump, AMI, Prosecutors, American Media Inc, Daniels . Records, Bank, Twitter, Club for Growth, Mar Locations: New York, LA, Texas

☆ A Mysterious Flier, a Tiny Charity and a Disinformation Campaign at the Border
▼ + stars: | 2024-04-30 | by ( Ken Bensinger | ) www.nytimes.com time to read: 1 min

The two men rang the bell at the Resource Center Matamoros, a migrant aid group in the Mexican border city, and, speaking in broken Spanish, said they were looking for volunteer work. Security footage shared with The New York Times shows the pair standing on the sidewalk in shorts and flip flops as they talked via speakerphone with Gaby Zavala, the center’s founder. After about half an hour, they left. Ms. Zavala didn’t know it yet, but the men were not volunteers. They were provocateurs building an online following with hidden camera exposés and ambushes that claim to uncover abuse and election fraud in the American immigration system.

Persons: Gaby Zavala, Zavala didn’t Organizations: Resource Center, The New York Times Locations: Resource Center Matamoros, Mexican

☆ Retiring lawmakers are once again complaining that their $174,000 salary is too low
▼ + stars: | 2024-04-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Retiring lawmakers are once again saying that their $174,000 salary isn't enough. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's what happened when Rep. Patrick McHenry, one of many retiring House Republicans, told an interviewer earlier this year that the $174,000 salary that rank-and-file members of both the House and Senate receive is not enough. Now, even more retiring lawmakers are saying the same thing — and acknowledging that they may not be saying it if they weren't on their way out the door. The salary has remained the same since 2009, and if it had kept pace with inflation, lawmakers would now be making more than $250,000 annually.

Persons: haven't, —, they're, Patrick McHenry, McHenry, Ken Buck, I'd, Buck, Tony Cárdenas, I've, Anna Eshoo, it's, Alexandria Ocasio, Cortez, Ken Cuccinelli — Organizations: Service, House Republicans, Colorado Republican, New York Times, California Democrat, Times, Democratic, Trump Locations: California, Alexandria, Cortez of New York

☆ Shopify embraced a 'new shape' after a post-pandemic slump and has charted an 18-month comeback
▼ + stars: | 2024-04-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +8 min

Read previewIn October 2022, Shopify's once high-flying stock hit its lowest price since before the Covid pandemic. AdvertisementNow, after two rounds of layoffs and a divestment of its fulfillment and logistics business, the picture looks a bit different for Shopify. Shedding a "money-losing logistics business"Dropping logistics and fulfillment is a major part of Shopify's stock comeback story. In May 2023, Shopify announced it would be selling the logistics business entirely to Flexport. In May 2023, Shopify cut another 20% of its workforce as it sold its logistics business to Flexport.

Persons: —, Shopify's, Shopify, Oppenheimer, Ken Wong, Wong, D.A, Davidson, Gil Luria, Tobi Lütke, Lütke, Luria, Morgan Stanley, Jeff Hoffmeister, Bhavin Shah, GMV, We've, Shah Organizations: Service, Business, Systems, Investors, SEC, Deutsche Bank Locations: Salesforce, mstone@businessinsider.com

☆ Shonda Rhimes thinks people tried too hard to make 'Barbie' a 'feminist manifesto'
▼ + stars: | 2024-04-29 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

Shonda Rhimes said that she thought "Barbie" was a great movie. However, she thinks some people may have overhyped it as a "feminist manifesto." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementShonda Rhimes said that the "Barbie" movie was "delightful" — but thinks that it might have been overhyped as a feminist masterpiece. Rhimes told Variety that she saw the film at home rather than theaters, and initially declined to comment on whether or not she liked the film.

Persons: Shonda Rhimes, I'm, Ken, —, Rhimes Organizations: Service, Netflix

☆ Activist Jana Partners calls for a strategic review at Wolfspeed. Here’s how it may develop
▼ + stars: | 2024-04-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Activist Commentary: Jana is a very experienced activist investor founded in 2001 by Barry Rosenstein. Wolfspeed is the world's leading producer of silicon carbide, or SiC, and a manufacturer of silicon carbide applications. Jana also recommends that the board commences a review of strategic alternatives, including a possible sale of the company. At Freshpet, Jana also made operational and capital allocation recommendations in addition to reviewing a sale of the company. Here, there has been no such mention of a "Jana Dream Team," but it is a little too early for that.

Persons: Jana, Barry Rosenstein, Rosenstein, John Palmour, Wolfspeed, Renesas, Ken Squire Organizations: John Palmour Manufacturing, Silicon Carbide, Mitsubishi Electric, 13D Locations: Siler City, N.C, Marcy, N.Y, North Carolina, Mohawk, New York, Germany, Freshpet

☆ 'Time capsule' LA home torn down by Chris Pratt and Katherine Schwarzenegger could have been shown 'some honor,' designer's daughter says
▼ + stars: | 2024-04-27 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

The property, situated in Brentwood, was designed by Craig Ellwood and is known as the "Zimmerman House." Craig Ellwood, Zimmerman House (Los Angeles, Calif.), 1953. The Zimmerman HouseLiving room of the Zimmerman House designed by Craig Ellwood (Los Angeles, Calif.), 1953. Getty Research Institute, Los Angeles (2004.R.10)The Zimmerman House was a 2,770-square-foot home named after its first owners, Martin and Eva Zimmerman. The Eichler Network, a website focusing on midcentury modern homes in California, has shared photos of what appears to be the leveled Zimmerman House.

Persons: —, Chris Pratt, Katherine Schwarzenegger, Craig Ellwood, Zimmerman, Pratt, Schwarzenegger, Robb, Ellwood's, Erin Ellwood, that's, Julius Schulman, J, Paul Getty, Maria Shriver, Ken Ungar, Ellwood, Martin, Eva Zimmerman, Garrett Eckbo, could've Organizations: Service, Business, Los Angeles Times, Paul Getty Trust, Getty Research Institute, Los, Hollywood, Eichler Network Locations: Los Angeles, Brentwood, Calif, California

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