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In About-Face, Wall Street’s Big Donors Warm to Trump
  + stars: | 2024-05-15 | by ( Rob Copeland | ) www.nytimes.com   time to read: +1 min
When President Donald J. Trump left office, some of Wall Street’s biggest names, who had taken to him during his first term in the White House, swore they were moving on from him for good. They were fatigued by his leadership style, disappointed by some of his policies and shocked by the U.S. Capitol riot. With Mr. Trump leading in the polls, big financiers on Wall Street, in Silicon Valley and elsewhere are edging into his corner, according to interviews with more than a dozen people who sought anonymity because they didn’t want their personal views to be tied to their employers. In other cases, the willingness to support a return of Mr. Trump reflects a growing dissatisfaction with what many big Wall Street donors see as the White House’s hardening stance against Israel in its war on Gaza. A prominent example of the about-face is Kenneth Griffin, a hedge fund magnate and political megadonor who publicly derided Mr. Trump as a “three-time loser” less than two years ago.
Persons: Donald J, Trump, didn’t, , Biden, Kenneth Griffin, megadonor Organizations: U.S, Capitol, Israel, Citadel Locations: Wall, Silicon Valley, Gaza
And now, a multi-billion-dollar tower featuring floor-to-ceiling glass will add another dimension to the cityscape, according to new details unveiled by New York City Mayor Eric Adams this week. Stretching up 62 stories, a planned office tower at 350 Park Avenue will provide space for more than 6,000 jobs, plus 1.8 million square feet of commercial office space, according to a press release. White columns will frame a new public concourse at the base of the new building on Park Avenue, complete with green space, seating and art displays, images show. Building this new office space comes at a fraught time for the commercial real estate market as businesses struggle to entice workers back to the office after years of working from home. The project will begin the city’s public review process early next year and the tower is expected to be completed by 2032, according to the release.
Persons: Eric Adams, Kenneth Griffin, Rudin, White, Foster, Partners Adams, , , Adams, Meera Joshi, ” Joshi Organizations: CNN, Chrysler, Trade Center, Empire, New York City, Vornado Realty Trust, Citadel, Citadel Securities, Partners, Midtown, Rockefeller Center, St, Grand Central, Midtown —, Central Park Locations: New York, Midtown Manhattan, Patrick’s, York, Fifth, Central
New York Community Bank, the midsize lender under pressure over its real estate loans and internal management, announced an overhaul on Wednesday that included more than $1 billion in emergency cash, the addition of former Treasury Secretary Steven Mnuchin to its board and the appointment of its third chief executive in a month. The investment of more than $1 billion includes cash from Mr. Mnuchin’s private equity firm, Liberty Strategic Capital, and Kenneth Griffin’s Citadel Global Equities, among others. The bank’s new chief executive, Joseph Otting, worked closely with Mr. Mnuchin in the past. He ran OneWest Bank, then owned by Mr. Mnuchin, for five years. He also oversaw the Office of the Comptroller of the Currency, one of the banking industry’s primary regulators, during the Trump administration.
Persons: Steven Mnuchin, Kenneth Griffin’s, Joseph Otting, Mnuchin, Trump Organizations: York Community Bank, Silicon Valley Bank, Liberty Strategic Capital, Global, OneWest Bank, Mr Locations: Washington, Silicon
Christie's auction house in New York. Auction house Christie's just sold a painting for more than $100 million, although the artwork, the buyer and the seller were officially kept a secret. In an interview with CNBC, CEO Guillaume Cerutti said Christie's sold a painting in January in a private sale with a price "in excess of $100 million," though the auction house declined to provide details. In a private sale, a work is brought for a possible sale to an auction house, which reaches out to its top clients and brokers a deal. Private sales have surged since the Covid-19 pandemic, as more and more collectors prefer discreet transactions outside the public eye.
Persons: Robert Frank, Guillaume Cerutti, Christie's, Mark Rothko's, Green, Dmitry Rybolovlev, Kenneth Griffin, Griffin, Ken Griffin, Scott Mlyn, Mark Rothko Organizations: CNBC, Citadel, CNBC's, Alpha, Private Locations: New York
If you need a reminder of what "Love Is Blind" is about: Gen Z and millennial couples fall in love "sight unseen." AdvertisementAD and Clay on "Love Is Blind" season six. Unbeknownst to me, and apparently several other "Love Is Blind" contestants, to "bean dip" is "to flick a woman's (or man's) breast with the index finger," per Urban Dictionary. AdvertisementAD reacting to the bean dip comment. The next three episodes of "Love Is Blind" season six will air on February 21.
Persons: , Jimmy Presnell, Chelsea Blackwell, Gen, Jimmy, Amber Desiree, Smith, Clay Gravesande, Clay, Jimmy objectifies, he's, wasn't, Chelsea, squats, Jesus, she's, Jeramey Lutinski, Jeramey, Laura Dadisman, Laura, she'd, I'm, Kenneth Gorham, Brittany Mills Organizations: Service, Business, NFL, Netflix, Jimmy, Chelsea Locations: what's, Chelsea
Warning: Spoilers ahead for the first six episodes of "Love Is Blind" season six. AdvertisementWith love triangles (and quadrangles) galore, there's no shortage of drama on "Love Is Blind" season six. Are Kenneth and Brittany from 'Love Is Blind' still together after the show? But like most couples on "Love Is Blind," they're not allowed to spoil the outcome of their season before it airs. AdvertisementThe next three episodes of "Love Is Blind" season six air on February 21.
Persons: Brittany Mills, Kenneth Gorham, , Kenneth Gorham's, Ken, Brittany, hiccup, Amber Desiree, Smith, Kenneth, Brittany haven't, they're Organizations: Service, Brittany's Locations: Brittany, Dominican Republic
Warning: Spoilers ahead for the first six episodes of "Love Is Blind" season six. Matthew leaves after Amber Desiree "AD" confronts him for saying the same things to her and another woman also named Amber. AdvertisementMatthew Duliba might be the most controversial contestant on "Love Is Blind" season six. AdvertisementWhile Matthew hasn't posted his "Love Is Blind" portrait on social media like virtually every other contestant this season, he has acknowledged the show subtly. Matthew Duliba/InstagramThe next three episodes of "Love Is Blind" season six air on February 21.
Persons: Matthew, Amber Desiree, Amber, he's, , Matthew Duliba, Sarah Ann, Smith, Amber Grant, it's, I've, Clay Gravesande, Matthew hasn't, there'd, Kenneth Gorham, Jimmy Presnell, Jeramey Lutinski, Jimmy, Ken, Mathew, Amber isn't Organizations: Service, Vanguard, New York Daily News Locations: America
A spokesman for Mr. Rosendale declined to comment. In those seven campaigns over 12 years, Mr. Rosendale has won five contests and lost two. Mr. Rosendale finished three points behind Mr. Tester in that race after narrowly winning the primary with 34 percent of the vote. Mr. Rosendale has been a frequent guest on Mr. Bannon’s “War Room” podcast, which is popular with conservatives. A third super PAC supporting Mr. Sheehy, known as More Jobs, Less Government, has been underwritten by a few wealthy Wall Street executives.
Persons: Matt Rosendale, torching, Jon Tester, Tester, Donald J, Trump, Tim Sheehy, Tester’s, Steve Daines, Sheehy, Daines, John Barrasso of, Marjorie Taylor Greene, Trump’s, hasn’t, Rachel Leathe, Rosendale, Alex Bruesewitz, Chad F, Donald Trump Jr, Bruesewitz, , Ted Cruz, “ I’ve, he’s, , Biden, Caroline Wren, Matt Gaetz, Gaetz, Kevin McCarthy, McCarthy, Greene, Stephen K, Bannon, Bannon’s, Mr, Mitch McConnell, Karl Rove —, Kenneth Griffin, Paul Singer, Stephen A, Schwarzman, Tony Fabrizio, Andy Surabian, Maggie Haberman Organizations: Senate, Montana Republicans, Republican, National Republican Senatorial Committee, Republicans, Trump, Bozeman Daily Chronicle, Associated Press, Montana Republican, U.S . House, Montana Senate, Mr, Trump White House, Navy SEAL, Republicans —, Fund, Wall Street, PAC, Democratic Locations: Montana, Rosendale, Helena, Washington, John Barrasso of Wyoming, Georgia, Iowa, Bozeman, MAGA, U.S, Ted Cruz of Texas, Arizona and Ohio
A network of some of the country’s wealthiest Republican donors gathered this week at a Florida winter meeting held by the American Opportunity Alliance and heard from top aides to both Mr. Trump and Ms. Haley. The gathering on Monday and Tuesday was one of the first significant steps in the reluctant drag back to the reality of Mr. Trump for some of these donors, after aides to Mr. Trump received no such invitation to the group’s fall retreat. Ms. Haley has a series of fund-raisers in the coming days, and held one in New York City on Tuesday night. At the American Opportunity Alliance retreat, Ms. Haley had far more backers than Mr. Trump did. Kenneth Griffin, a billionaire hedge-fund executive and major Republican donor who attended the retreat, gave $5 million to her super PAC this month, according to a person close to him.
Persons: Nikki Haley, Republican Party —, Donald J, Trump, Haley, Haley —, Biden, Kenneth Griffin Organizations: Republican Party, American Opportunity Alliance, Mr Locations: Iowa, New Hampshire, Trump, Florida, New York City
But the donors in the American Opportunity Alliance do not move in unison, and people supporting Ms. Haley — and who had supported Gov. Some members of the group have been open about wanting a candidate other than Mr. Trump. Mr. Trump also has repeatedly attacked major donors as being part of the “swamp” that he derides. The network supported Ms. Haley, but as The New York Times recently reported, some of its donors regretted that endorsement. They also suggested that they would be focusing intensely on Senate and House races, especially if Mr. Trump became the nominee.
Persons: Republican megadonors, Donald J, Trump, Nikki Haley, Haley’s, Betsy Ankney, Trump’s, Susie Wiles, Puck, Ricketts, Paul Singer, Kenneth Griffin, Haley —, Ron DeSantis, Haley, Mr, DeSantis, , Linda McMahon, President Trump, Nikki Haley’s, Mark Kauzlarich, Jean Carroll, Koch, Emily Seidel, Michael Palmer, Ms Organizations: Republican, American Opportunity Alliance, Chicago Cubs, Sunday, New, Small Business Administration, President, The New York Times, Trump Republican Party, Mr, Prosperity, New York Times Locations: Palm Beach, Fla, Florida, Dallas, Iowa, New Hampshire, South Carolina, Indian Wells, Calif
A network of Republican megadonors has invited aides to both Donald J. Trump and Nikki Haley to make presentations at the group’s winter meeting next week, as the wealthy contributors assess the presidential race with just nine months until Election Day. The network was founded a decade ago by a group of wealthy donors, including members of the Ricketts family, which owns the Chicago Cubs, and the investors Paul Singer and Kenneth Griffin. But the donors in the American Opportunity Alliance do not move in unison, and people supporting Ms. Haley — and who had supported Gov. Ron DeSantis of Florida, who dropped out of the race last Sunday — are part of the network. Some members of the group have been open about wanting a candidate other than Mr. Trump.
Persons: Republican megadonors, Donald J, Trump, Nikki Haley, Haley’s, Betsy Ankney, Trump’s, Susie Wiles, Puck, Ricketts, Paul Singer, Kenneth Griffin, Haley —, Ron DeSantis Organizations: Republican, American Opportunity Alliance, Chicago Cubs, Sunday Locations: Palm Beach, Fla, Florida
The Wolverines might very well have their man already on campus in offensive coordinator Sherrone Moore. Political Cartoons View All 253 ImagesWith Harbaugh serving two separate suspensions this past season for potential NCAA rules violations, Michigan went 4-0 with Moore leading the team on game days. Moore was in charge when Michigan won at Penn State and against Ohio State to win the Big Ten East. Jedd Fisch, who went from Arizona to Washington to replace DeBoer, might have been an interesting candidate for Michigan, too. “So Sherrone Moore, shining star,” Harbaugh said.
Persons: Nick Saban, Jim Harbaugh, Sherrone Moore, , Warde Manuel, Harbaugh, Moore, “ We’ve, ” Harbaugh, “ He’s, Dan Enos, Kalen DeBoer, DeBoer, Jedd Fisch, Fisch, Mike Hart, Grant Newsome, Will Johnson, Kenneth Grant, Mason Graham, Lloyd Carr, Bo Schembechler, Gary Moeller Organizations: Alabama, NFL, Los Angeles Chargers, Michigan, Penn State, Ohio State, Big, Washington, Harbaugh's, Harbaugh, , AP Locations: Michigan, Los Angeles Chargers . Michigan, Alabama, Washington, South Dakota, Arizona, Mason Graham . Michigan, Ann Arbor
When the Academy of Motion Picture Arts and Sciences announced the nominations Tuesday morning for the 96th annual Oscars, both Greta Gerwig and Margot Robbie were dealt a shocking snub in the best director and best actress categories, respectively. It was nominated for best picture. The controversy prompted two of the film’s stars, Gosling and America Ferrera, to speak out and convey their dismay at the cold shoulder from the Academy. At last year’s awards ceremony, host Jimmy Kimmel even joked, “How does the Academy not nominate the guy who directed ‘Avatar’? What do they think he is, a woman?”There is empirical evidence that supports the notion women are overlooked by the Academy.
Persons: “ Barbie ”, Greta Gerwig, Margot Robbie, Ryan Gosling, Ken, Gerwig, Robbie, “ It’s, Jennifer Palmieri, Obama, Hillary Clinton’s, Palmieri, Gosling, , Barbie, ” Gosling, , ” Ferrera, Deadline’s Matt Grobar, Grobar, Variety’s Angelique Jackson, Clayton Davis, Ferrera, Jimmy Kimmel, Kenneth Grout, Owen Eagan Organizations: CNN, Academy of Motion Picture Arts and Sciences, Academy, Warner Bros . Pictures, Obama White House, America, Emerson College Locations: Hollywood
Yet the Philadelphia Eagles seem close to harnessing the power of certainty thanks to one play: “The Brotherly Shove.”A play on Philadelphia’s “City of Brotherly Love” nickname, the “Brotherly Shove” – also known as “The Tush Push” – has become the NFL’s most talked about play. The “Tush Push” is the Eagles’ own version of the quarterback sneak and is brought out when Philadelphia finds itself in short-yard situations. The brotherly shove has become the NFL's most talked about play. “Games are being decided by [the ‘Tush Push’] and the Eagles are winning games because of it. The formidable Eagles offensive line is always one step ahead of the opposition when it comes to the "Tush Push."
Persons: , Jalen, Eric Hartline, Brian Baldinger, Baldinger, you’ve, ” Baldinger, They’ve, Mike Carlson, Nick Sirianni’s, Brooks Kubena, Kubena, , It’s, , Shane Steichen, Brian Johnson, they’ve, Jason Kelce, Lane Johnson, Jordan Mailata, Cooper Neill, ” Richie Gray, Kelce, Gray, Jeff Stoutland, ” Gray, Ronald Martinez, Kenneth Gainwell, DeVonta Smith, D’Andre Swift, “ They’ve, “ It’s, it’s, Sirianni, ” Sirianni, Troy Vincent, Nick Bosa Organizations: CNN, National Football League, Philadelphia Eagles, Eagles, Tampa Bay Buccaneers, USA, Sports, Reuters, NFL, CNN Sport, Star, , Indianapolis Colts, Dallas Cowboys, Athletic’s Eagles, Philadelphia, Arizona Cardinals, Washington, French rugby club Toulon Locations: “ City, Philadelphia
Most hawkers collect their ice cream and dry ice from wholesale distributors around the country. Lester Ledesma for Business InsiderLiang is one of Singapore's remaining traditional ice cream sellers and part of a bygone era. Buying one from one of Singapore's "ice cream uncles" is almost a right of passage. But Liang, Tan, and many other traditional ice cream sellers in the country find themselves working well into their golden years. In addition to the ice cream cart, the ice cream hawkers often also use big cooler boxes for additional storage.
Persons: hawking, , Liang, Lester Ledesma, Insider Liang, Kenneth Goh, Chip Guan Heng, Goh, Koh Poh Koon, That's, Koh, Tan Ah Hock, He's, " Tan, Tan, There's, Wang, she's, Chan Yong Leng, Chan, TikTok, Darren Tan, it's Organizations: Service, Business, Insider, Singapore Food Agency, SFA, Social Service Office Locations: Singapore, Orchard
As Nikki Haley has risen in polls, so has her viability among top political donors, per The Times. Some donors are describing Haley's candidacy as one that's creating enthusiasm among party leaders. GOP donor Eric Levine told The Times that Trump's air of inevitability has "peeled away completely." I would certainly like her over Trump," Langone, who's donated to Haley's campaign, told the newspaper. "His aura of invincibility is just peeled away completely," Levine said, pointing to Haley's polling surge among GOP voters.
Persons: Nikki Haley, Eric Levine, , Donald Trump, Trump, Haley, Jamie Dimon —, Joe Biden's, Dimon, Kenneth G, who's, Ron DeSantis, Jonathan Bush, Bush, George W, Gary Johnson's, Sen, Tim Scott's, Levine Organizations: Times, Service, The New York Times, JPMorgan Chase, The Times, South, Trump, White House, Depot, GOP, Florida Gov, New, New Mexico Gov, Locations: Iowa, South Carolina, New Mexico
ANN ARBOR, Mich. (AP) — Sherrone Moore's tears streamed down his cheeks and expletives left his lips, passionately supporting suspended coach Jim Harbaugh, in an on-field postgame interview after No. “All the craziness, all that stuff going on, it’s just brought us closer and closer together,” Moore said earlier this week. A day before facing the Terrapins, linebackers coach Chris Partridge was fired in the latest wave of turmoil at Michigan. Harbaugh called the Wolverines “America’s team” for continuing to win under the cloud of the scandal. As an offensive guard, he helped Oklahoma win Big 12 titles in 2006 and 2007 and played in BCS bowl games.
Persons: expletives, Jim Harbaugh, Moore, it’s, ” Moore, football's, Harbaugh, we’ve, , Chris Partridge, Warde Manuel, Partridge, let’s, We’re, Matt Weiss, , Kenneth Grant, He's, Larry Lage Organizations: Michigan, Maryland, Oklahoma, Ohio State, Big Ten, College Football, Terrapins, Athletic, FBI, Central Michigan, BCS, Big, Penn State, AP Locations: Mich, Michigan, Kansas, Central, Louisville
NFL roundup: C.J. Stroud breaks out as Texans clip Bucs
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +9 min
Stroud led a 75-yard drive in 40 seconds after Baker Mayfield put Tampa Bay ahead with a 14-yard touchdown pass to Cade Otton, the duo's second scoring hookup of the day. Stroud completed 30 of 42 passes, connecting with Noah Brown six times for 153 yards, including a 75-yard touchdown. Mayfield connected on 21 of 30 passes for 265 yards for the Buccaneers (3-5), who lost their fourth straight game. Vikings 31, Falcons 28Joshua Dobbs fired a go-ahead, 6-yard touchdown pass to Brandon Powell with 20 seconds remaining, and Minnesota beat host Atlanta. Tune completed 11 of 20 passes for 58 yards, threw two interceptions and lost a fumble on one of Cleveland's seven sacks.
Persons: C.J ., Shaquil Barrett, Troy, Stroud, Tank, . Stroud, Baker Mayfield, Cade Otton, Noah Brown, Dalton Schultz, Dell, Dare Ogunbowale, Ogunbowale, Ka'imi Fairbairn, Mayfield, Joe Burrow, Josh Allen, Stefon Diggs, Joe Mixon, Mixon, Tee Higgins, Allen, Diggs, Dalton Kincaid, Joshua Dobbs, Brandon Powell, Dobbs, Jaren, Taylor Heinicke, Mary, A.J . Brown, DeVonta Smith, Kenneth Gainwell, Dak Prescott, CeeDee Lamb, Lamb, Patrick Mahomes, Bryan Cook's, Tua Tagovailoa, Raheem Mostert, Hill, Keaton Mitchell, hadn't, Gus Edwards, Odell Beckham Jr, Justin Tucker, Seattle's Geno Smith, Jaxon Smith, Njigba, Cleveland, Clayton Tune, Tune, Jordan Love, Aaron Jones, Brett Rypien, Matthew Stafford, Rypien, Sam Howell, Howell, Chad Ryland, Washington, Jahan Dotson, Joey Slye, Paulson Adebo, Adebo's takeaways, Derek Carr, Tyson Bagent, Justin Fields, Kenny Moore, Moore, Bryce Young's, Josh Jacobs, Antonio Pierce, Josh McDaniels, York's Daniel Jones, Jones Organizations: Houston Texans, Tampa Bay Buccaneers, NRG, Tank Dell, ., Tampa Bay, Texans, Buccaneers, Bengals, Bills, Cincinnati, Buffalo, Vikings, Falcons, Atlanta, Arizona Cardinals, Eagles, Cowboys, Philadelphia, Dallas, Chiefs, Dolphins, Kansas City, NFL, Miami, Ravens, Seahawks, Baltimore, Seattle, AFC, Browns, Cardinals, Buffalo Bills, Packers, Rams, Patriots, Washington, New England, New, Saints, Bears, Chicago, Colts, Panthers, Indianapolis, Carolina, Pro Football, Raiders, Giants, Las Vegas, The Raiders, Las, ESPN, Thomson Locations: Houston , Texas, USA, C.J . Stroud, Troy Taormina, Tampa, Dell, Buffalo . Buffalo, Minnesota, Miami, Frankfurt, Germany, Arizona, Green, Los Angeles, New, Foxborough, New England, New Orleans, Charlotte, N.C, Carolina, Las, New York, Las Vegas, York
When Kenneth Gorham heard that he was in the running to become the principal of his local middle school, his immediate response was: "Are y'all sure?" When Gorham ultimately landed the job, he was just 24 years old — the youngest principal to ever lead Movement Freedom Middle School, a charter school in Charlotte, North Carolina. One of them is Lauryn Jackson, the current principal of Movement Freedom Elementary School and Gorham's instructional coach when he was a teacher. Part of that was logistical: As an instructional coach, he helped teachers coordinate their curricula and refamiliarize themselves with the rhythm of teaching in a classroom. Kenneth Gorham Principal, Movement Freedom Middle School
Persons: Kenneth Gorham, Gorham, I've, Lauryn Jackson, Organizations: Middle, National Center for Education Statistics, CNBC, North Carolina Agricultural, Technical State University, Freedom Elementary School Locations: Charlotte , North Carolina, U.S
Hurts overcame two more interceptions but found Brown 10 times for 137 yards to get by his former Alabama teammate Tua Tagovailoa and the Dolphins (5-2). But the big play that sealed the win came in the fourth quarter from the cornerback nicknamed “Big Play” Slay. Still, Hurts threw a 14-yard TD pass to Brown for a 24-17 lead with 15 seconds left in the third that ended up the winner. Tagovailoa came off the bench and threw three touchdown passes to give the Crimson Tide their fifth national championship. Hurts threw a 19-yard TD pass to Dallas Goedert for a 10-3 lead in the second quarter.
Persons: A.J, Brown, Tua Tagovailoa, , , Tagovailoa, Raheem Mostert, Darius Slay, Slay, Reggie White, Kenneth Gainwell, Jerome Baker, Baker, , Jets —, Nick Saban, Saban, Dallas Goedert, Miami wasn’t, they’ve, Hill, Jaelan Phillips, Phillips, Lane Johnson, Jaylen Waddle, OL Isaiah Wynn, Jevon Holland, David Long Jr, Jake Elliott, ___ Organizations: PHILADELPHIA, Philadelphia Eagles, Miami Dolphins, Super, Kansas City Chiefs, Eagles, NFL, Dolphins, Jets, Crimson Tide, Dallas, Miami, Buffalo, NFC, OL, NEXT, New England, AFC East, Washington Locations: Alabama, New, Philadelphia
Israel appears to be preparing for a ground invasion of Gaza where it hopes to wipe out Hamas. The attacks prompted a swift and strong counter response from Israel which declared war on Hamas and vowed to lay siege to Gaza. But even the total eradication of Hamas would fail to solve the tensions between Israel and Palestinians, Telhami said. "If Israel wipes out Hamas and leaves Gaza, either Hamas resurges or a more violent option rises," he said. The near future almost certainly includes more civilian deaths and an escalation of violence in Gaza , according to experts.
Persons: Israel, , Alon Burstein, Shibley Telhami, Anwar Sadat, Burstein, Mohammed Salem, Kenneth Gray, Al, Telhami Organizations: Service, Israel, Department of Political Science, University of California, US, Peace, Development, University of Maryland, Brookings Institution, West Bank, Rockets, Palestinian, REUTERS, University of New, FBI, Brigades, Palestinian Authority, Israel Defence Forces, Israel Defense Forces Locations: Gaza, Palestinian, Israel, Irvine, Egypt, Hamas, University of New Haven, Palestine's, Lebanon
Weather derivatives were born in the late 1990s. Climate change and the El Nino weather phenomenon combined to make the northern hemisphere summer of 2023 the hottest ever recorded, according to the European Union Climate Change Service. Weather derivatives let buyers hedge against the risk that the weather will damage their business. Average open interest in CME weather futures and options contracts in September was around 170,000 contracts, compared to roughly 10 times that for crude oil - although market participants reckon 90% of the weather derivatives market is in over-the-counter deals. "Extreme weather events tend to make good marketing for weather futures," said Samuel Randalls, a professor at University College London who focuses on weather and climate.
Persons: Andrew ., Ken Griffin's, Peter Keavey, Griffin's Citadel, Nick Ernst, Ernst, Matthew Hunt, Samuel Randalls, David Whitehead, Whitehead, UCL's Randalls, BGC's Ernst, Martin Malinow, Harry Robertson, Emelia Sithole Organizations: NYPD, REUTERS, Energy, Chicago Mercantile Exchange, Enron, CME Group, El, Change, Graphics, University College London, Citadel, Thomson Locations: Manhattan, Williamsburg, New York City, U.S, Paris, New York, Ukraine
Weather derivatives were born in the late 1990s. Climate change and the El Nino weather phenomenon combined to make the northern hemisphere summer of 2023 the hottest ever recorded, according to the European Union Climate Change Service. Weather derivatives let buyers hedge against the risk that the weather will damage their business. Average open interest in CME weather futures and options contracts in September was around 170,000 contracts, compared to roughly 10 times that for crude oil - although market participants reckon 90% of the weather derivatives market is in over-the-counter deals. "Extreme weather events tend to make good marketing for weather futures," said Samuel Randalls, a professor at University College London who focuses on weather and climate.
Persons: Andrew ., Ken Griffin's, Peter Keavey, Griffin's Citadel, Nick Ernst, Ernst, Matthew Hunt, Samuel Randalls, David Whitehead, Whitehead, UCL's Randalls, BGC's Ernst, Martin Malinow, Harry Robertson, Emelia Sithole Organizations: NYPD, REUTERS, Energy, Chicago Mercantile Exchange, Enron, CME Group, El, Change, Graphics, University College London, Citadel, Thomson Locations: Manhattan, Williamsburg, New York City, U.S, Paris, New York, Ukraine
[1/3] Director Craig Gillespie poses during the gala presentation of "Dumb Money" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 8, 2023. Dumb Money captures the behind-the-scenes of one of the biggest Wall Street stories of COVID that hooked retail investors and created a mutiny by grabbing the attention of professional investors on social media. It chronicles the battle between institutional and retail investors when Reddit-inspired small traders rose up against Wall Street by buying shares of GameStop (GME.N) en masse, creating large losses for short sellers. With the tagline "Dear Wall Street ...," the movie is "very front and center" and is timely in discussing the topic of wealth disparity in America, Gillespie said. Teddy Schwarzman declined to comment on how his familial ties to Wall Street affected the production of "Dumb Money."
Persons: Craig Gillespie, Carlos Osorio, Craig Gillespie's, Gillespie, Paul Dano, Pete Davidson, America Ferrera, Vincent D'Onofrio, Nick Offerman, Shailene Woodley, Seth Rogen, Kenneth Griffin, Steven Cohen, Aaron Ryder, Teddy Schwarzman, Stephen Schwarzman, Jenna Zucker, Nivedita Balu, Sandra Maler Organizations: Toronto, Film, REUTERS, Rights, GameStop, America, Wall, Blackstone Group, Thomson Locations: Toronto , Ontario, Canada, America
This was “Soul Train,” the music television series that served as Blackness’ binoculars. In the middle of the Black Power era and feeding from the civil rights movement, “Soul Train” provided a fresh opportunity for Black people to see and celebrate themselves. “We wouldn’t have a house party or at a club where we weren’t doing the ‘Soul Train’ line,” she said. “Those were the fits and the looks and the moves where I think ‘Soul Train’ probably had its biggest influence.”Still, Cochrane, a Gen X-er, says that her era of the “Soul Train” — and the “Soul Train” line — moved with the times. “But it was on ‘Soul Train’ that we got to see our favorite artist, hear our beloved songs, get our style trends and language.
Persons: — You’ve, you’d, , Chicago’s, Jackson, Dyana Williams, , Williams, ” Williams, George E, Johnson, Ultra Sheen, Aretha Franklin, Al Green, Sly Stone, Sly, Nelson George’s, Todd Oldham, ” Oldham, It’s, Don Cornelius, Kenneth Gamble, Gamble, Huff, Naima Cochrane, Cochrane, Michael Ochs, Rosie Perez, Patrice Rushen, Fred Berry, Vivica, Cheryl Song, Nobody, ” Cochrane, ” “, ’ ” Williams, Black Television ” Organizations: CNN, TRL, Ultra, Black Power, Michael Ochs Archives, Fox, Black Television Locations: Afro Sheen, America, Washington ,, Philadelphia, Shalamar, American
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