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Cowbells herald a third Trump outburstDonald Trump at his criminal hush-money trial with lawyers Todd Blanche, left, and Emil Bove. I will not tolerate that," state Supreme Court Justice Juan Merchan complained of Trump to defense lawyer Todd Blanche, his voice raised. Then there was Stormy DanielsA courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. Defense lawyer Susan Necheles questions Stormy Daniels as Donald Trump and Judge Juan Merchan look on. Advertisement"As recently as, I believe, Wednesday night, he was on TikTok," Blanche, the defense lawyer, complained to Merchan before court broke for the week on Friday.
Persons: , Donald Trump, Trump, riled Trump, they're, Debbie Walsh, Walsh, Donald Trump's, Allison Greenfield, enemies.i Curtis, David Dee Delgado, Arthur Engoron, who'd, Greenfield, Jean Carroll Donald Trump, Jean Carroll, Andrew Kelly, Luiz C . Ribeiro, Lewis Kaplan, audibly —, Carroll, Roberta Kaplan, Cowbells, Todd Blanche, Emil Bove, Jabin, Michael Cohen, Stormy Daniel, Joe Biden's, Juan Merchan, Stormy Daniels, Jane Rosenberg, Daniels, swatting Trump, Merchan, audibly, — Daniels, Blanche, Susan Necheles, Mary Altaffer, Michael Cohen Cohen — Trump's, fining Trump, Cohen, he's, MAGA Organizations: Service, Business, Trump, Center for American Women, REUTERS, New York Daily News, Tribune, Getty, Reuters, GOP, AP Locations: Manhattan, York, New, New York City, Lake Tahoe, New York
CNN —Former NBA champion Glen Davis has been sentenced to 40 months in prison for his part in a scheme to defraud the league’s health care plan out of millions of dollars, according to federal court records from the Southern District of New York. Davis – whose nickname while he played in the NBA was “Big Baby” – was also ordered to pay $80,000 in restitution, according to court documents. In November, Davis was found guilty of wire fraud, health care fraud, conspiracy to commit health care fraud and conspiracy to make false statements related to health care matters, court documents show. Williams, who has been called the “leader of the conspiracy” by prosecutors, pleaded guilty to aggravated identity theft and conspiracy to commit health care fraud and wire fraud in 2022, according to a judgment order. The scheme, Strauss said, began around November 2017.
Persons: CNN —, Glen Davis, Davis, , , Terrence Williams, Williams, Rashard Lewis, Kevin C, Cox, Audrey Strauss, Strauss Organizations: CNN, NBA, Southern, of, Seattle Supersonics, Oklahoma City Thunder, Boston Celtics, Celtics, Orlando Magic, Los Angeles Clippers, Orlando, Eastern, FBI, Manhattan Locations: of New York, Beverly Hills , California, Taiwan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarbucks trying to revive Gen Z consumer with Boba tea, says Casey LewisCasey Lewis, founder of trend newsletter 'After School,' joins CNBC's 'The Exchange' to discuss Gen Z spending behavior, how Pinterest has activated young consumers, and more.
Persons: Casey Lewis Casey Lewis
Norfolk Southern shareholders on Thursday voted to elect three of dissident Ancora's director nominees but fell short of ousting incumbent CEO Alan Shaw. Norfolk Southern's board had fought hard to stave off Ancora's biggest demand: firing current CEO Alan Shaw. The activist had argued that Norfolk Southern should adopt a model known as precision-scheduled railroading, or PSR, which has delivered impressive shareholder returns at other railroads. Government officials, who had previously voiced their support for Norfolk over Ancora, were momentarily silenced by the reversal. ISS recommended that shareholders support five of Ancora's seven picks but did not recommend electing Ancora CEO pick Jim Barber to the board.
Persons: Alan Shaw, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Ancora, Glass Lewis, Jim Chadwick, Frederick DiSanto, Shaw, Ancora's, Jim Barber, Ancora's Chadwick, DiSanto Organizations: Norfolk Southern, Shareholders, Norfolk, ISS, PSR, Government, Labor, Cleveland Locations: . Norfolk, Ohio, Ancora
Harry is back in the UK for the 10th anniversary of his Invictus Games. Chris Jackson/Getty Images for The Invictus Games FoundationBuckingham Palace has not commented on the duke’s visit. The inaugural Invictus Games, an international sporting competition for wounded veterans and members of the military, was held in London in 2014. Following the Invictus celebrations in London, Harry and Meghan will head to Nigeria at the invitation of the Nigerian Defence Headquarters. The next Invictus Games will be held in Vancouver and Whistler in Canada in February 2025.
Persons: Duke, Sussex, King Charles III, Prince Harry, Harry, Chris Jackson, Meghan, Prince William, Duchess, Prince Archie, Charles, , Catherine , Princess of Wales, Damian Lewis Organizations: London CNN, Invictus, Invictus Games, Getty, Buckingham, CNN’s Royal, Nigerian Defence Headquarters Locations: United Kingdom, United States, London’s St, Paul’s, London, Nigeria, Vancouver, Whistler, Canada, Birmingham, Washington, DC
Across the US, pro-Palestinian protesters have been occupying lawns and buildings on campuses, and many are requesting that their universities divest from Israel. Nic Antaya/Getty Images Pro-Palestinian protesters demonstrate on the New York University campus in New York on Friday, May 3. Before police were deployed to campus, pro-Palestinian protesters and Israel supporters were clashing at the school , according to multiple reports. Joseph Prezioso/AFP/Getty Images Columbia University students gather for a picket organized by the Student Workers Union (UAW Local 2710) on Monday, April 29. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.
Persons: Macklemore, Joe Biden, ” Macklemore, Donald Trump, Columbia’s Hamilton, Hind Rajab, Hind, who’ve, , He’s, Biden, Jon Batiste, Selena Gomez, Annie Lennox, , Melissa Overton, Nic Antaya, Seth Harrison, Jenny Kane, Chip Somodevilla, Mathieu Lewis, Rolland, Craig Hudson, Emma, Roberto Schmidt, Etienne Laurent, Mike Blake, Spencer Platt, Frederic J . Brown, Caitlin Ochs, David Dee Delgado, Charly Triballeau, Kena Betancur, Seyma, Alex Kent, Joseph Prezioso, Suzanne Cordeiro, Diane Handal, Cliff Owen, Qian Weizhong, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Seattle concertgoers, Seth Rogen Organizations: CNN, Columbia University, Biden, University of California, University of Arizona, Dua Lipa, Scottish, United Nations Relief, Works Agency for Palestine Refugees, Hamas, Protesters, University of Michigan's, New York University, Westchester County Journal, USA, Network Police, Portland State University, AP, George Washington University, Getty, The George Washington University, Israel, AFP, Police, UCLA, Reuters, Fordham, Lincoln Center, Getty Images Police, Hamilton, Reuters Police, Columbia, The City College of New, Getty Images, Columbia Students, Justice, Hamilton Hall, Brown University, Getty Images Columbia University, Student Workers Union, UAW, University of Texas, Low, Sunday, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, Network, Austin, University, Emerson College, Swarthmore College, Bloomberg, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, Seattle, Trump Locations: Gaza, Israel, University of California Los Angeles, Palestine, Dua, Ann Arbor , Michigan, New York, Westchester, Portland , Oregon, Washington ,, Portland, The, Los Angeles, AFP, The City College of New York, Columbia, Columbia's, Providence , Rhode Island, Texas, Austin, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Washington
The fight has split the railroad’s unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad’s employees. Norfolk Southern CEO Alan Shaw, third from left, listens to testimony during a hearing held by the Senate Commerce, Science, and Transportation Committee on March 22, 2023 in Washington, DC. The committee heard testimony on "Improving Rail Safety in response to the East Palestine Derailment." BLET said that Orr’s appointment shows that Norfolk Southern is committed to additional use of PSR, no matter which side wins the the proxy fight. On February 3rd, a Norfolk Southern Railways train carrying toxic chemicals derailed causing an environmental disaster.
Persons: Alan Shaw, Amit Bose, Win McNamee, Bose, , , Jeremy Ferguson, Shaw, “ Shaw, Jerry Sturdivant, John Orr, BLET, Michael Swensen, Jim Barber, Glass Lewis, Ancora Organizations: New, New York CNN, Norfolk, Norfolk Southern, Ancora Holdings, PSR, Federal Railroad Administration, Senate Commerce, Science, Transportation, Shaw, SMART, of Locomotive Engineers, Trainmen, NS, Canadian Pacific, Canadian Pacific Kansas City, Way Employees, Norfolk Southern Railways, Teamsters, UPS, CSX, Union Pacific Locations: New York, Norfolk Southern, Atlanta, East Palestine , Ohio, Norfolk, East Palestine, Washington ,, Canadian Pacific Kansas, Palestine, , NS
CNN —Many adults heard the phrase “Robux” for the first time last holiday season when the virtual currency of gaming platform Roblox landed on the top of most wish lists. And it will have to prove to Wall Street there’s more growth up ahead. In its fourth quarter of 2023, Roblox revenue was $750 million, up 30% year-over-year – but had a net loss of $323.7 million. Like Fortnite, Roblox is also moving ahead with a“payout to creators” business model. “It’s clear that [Roblox] intends to go after younger gamers in 2024 and 2025,” Ward said.
Persons: , Roblox, Matilda Beinat, Lindsey Nicholson, UCG, David Baszucki, Ralph Lauren, Mike Proulx, Forrester, , ” Proulx, Michael Nagle, ” Beinat, Lewis Ward, ” Ward, Ward Organizations: CNN, Investors, ABI Research, , Gaming Center, Costco, Brookhaven RP, Nike, Walmart, New York Stock Exchange, Bloomberg, Getty, Apple’s, IDC, Disney, Pixar, Marvel, Star Wars Locations: Asia, Roblox, New York, Fortnite
Nods to the event’s dress code, JG Ballard’s 1962 short story “The Garden of Time,” came in all forms. Wisdom Kaye's Robert Wun suit included a corsage, burnt at the edges like the lapels of his overcoat and hat. Coleman Domingo similarly finished off his billowing Willy Chavarria suit with black-rimmed eyes and a drooping bunch of wistful white lilies. Barry Keoghan's Burberry suit came with a satin necktie, top hat and three watches. Mike Coppola/MG24/Getty Images for The Met Museum/VogueAs always, a few stars miss — or dodge — the theme entirely, and menswear this year was no exception.
Persons: Gigi Hadid, Jordan Roth, Emily Ratajkowski, , Lewis Hamilton, Nicholas Galitzine, Jeremy Strong, Jonathan Bailey, Vogue, Loewe, Jonathan Bailey's peony bowtie, Aliah Anderson, , Mike Faist, Josh O’Connor, , O’Connor, clogs, Dan Levy’s, Jamie Dornan’s, Robert Wun, John Shearer, Seán McGirr, Alexander McQueen, Usher, Wisdom Kaye, Coleman Domingo, Willy Chavarria, florals, Barry Keoghan's Burberry, Taylor Hill, Jeff Goldblum, Count Axel, Gilbert Flores, Barry, Andrew Vottero, Prada, ” Goldblum, Emma Chamberlain, Hannah Bagshawe, Eddie Redmayne, Steve O Smith, Mike Coppola, Taika Waititi, Oscar Organizations: CNN, Burberry, Variety, Getty, Vogue, The Met Museum
In a private sidebar conversation, Donald Trump's hush-money judge said he acted out while Stormy Daniels testified. Trump was "cursing audibly" and "uttered a vulgarity" while Daniels answered questions for jurors, the judge said. "I understand that your client is upset at this point, but he is cursing audibly, and he is shaking his head visually and that's contemptuous," Merchan told Trump's lawyer Todd Blanche. AdvertisementDonald Trump was "cursing audibly" during testimony from Stormy Daniels, according to New York Supreme Court Justice Juan Merchan. The judge also said Trump "uttered a vulgarity" when Daniels testified about "The Apprentice."
Persons: Donald Trump's, Stormy Daniels, Trump, audibly, Daniels, , Juan Merchan, Merchan, Todd Blanche, Donald Trump, Susan Hoffinger, Hoffinger, Blanche, Jean Carroll's, Lewis Kaplan, Carroll, Kaplan Organizations: Service, New, Trump, New York, NBC Locations: Lake Tahoe , California, New, Manhattan, Trump's
Want to fire your real estate agent? Try this.
  + stars: | 2024-05-07 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +3 min
A $418 million legal settlement in March upended the residential real estate market. It's the brainchild of Lewis Buckley and Allan Wood who met during a private home sale process that — you guessed it — involved no real estate agents. In the US, commissions on home transitions have hovered between 5% and 6% of the sale price for decades. In the UK, real estate agents charge a 1% to 3% of the property sale price, and then sellers usually have to hire someone else to handle the legal stuff. Even with the lowest 1% commission rate of a traditional estate agent, a homeowner would save £4,605 if they paid Hiizzy's £395 flat fee.
Persons: , Lewis Buckley, Allan Wood, Albert Fox Cahn Organizations: Service Locations: Hiizzy
Nic Antaya/Getty Images Pro-Palestinian protesters demonstrate on the New York University campus in New York on Friday, May 3. Mike Blake/Reuters Pro-Palestinian protesters stand their ground after police breached their encampment at UCLA on May 2. Before police were deployed to campus, pro-Palestinian protesters and Israel supporters were clashing at the school , according to multiple reports. Joseph Prezioso/AFP/Getty Images Columbia University students gather for a picket organized by the Student Workers Union (UAW Local 2710) on Monday, April 29. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.
Persons: CNN —, Biden, Joe Biden, Benjamin Netanyahu, Antony Blinken, , Matthew Miller, Adam Schultz, Netanyahu, Israel, Mahmud Hams, It’s, , Democratic Sen, Chris Van Hollen, Sen, Alex Brandon, Van Hollen, Miller, ” Miller, Melissa Overton, Nic Antaya, Seth Harrison, Jenny Kane, Chip Somodevilla, Mathieu Lewis, Rolland, Craig Hudson, Emma, Roberto Schmidt, Etienne Laurent, Mike Blake, Spencer Platt, Frederic J . Brown, Caitlin Ochs, David Dee Delgado, Charly Triballeau, Kena Betancur, Seyma, Alex Kent, Joseph Prezioso, Suzanne Cordeiro, Diane Handal, Cliff Owen, Qian Weizhong, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk Organizations: CNN, State Department, Israeli, Congress, Hamas, Capitol, , National Security, Getty, State Department’s Bureau, Political, Military Affairs, Defense Department and National Security Council, Biden, Israel, Palestinian, Israel Defense Forces, United Nations Office, Human Rights, Biden Democrats, Democratic, Democratic Party, Republican, Department, Protesters, University of Michigan's, New York University, Westchester County Journal, USA, Network Police, Portland State University, AP, George Washington University, The George Washington University, AFP, Police, University of California, UCLA, Reuters, Fordham, Lincoln Center, Getty Images Police, Hamilton, Columbia University, Reuters Police, Columbia, The City College of New, Getty Images, Columbia Students, Justice, Hamilton Hall, Brown University, Getty Images Columbia University, Student Workers Union, UAW, University of Texas, Low, Sunday, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, Network, Austin, University, Emerson College, Swarthmore College, Bloomberg, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, USAID Locations: Israel, Gaza, Rafah, Capitol Hill, Iran, Palestinian American, Jabalia, AFP, Ann Arbor , Michigan, New York, Westchester, Portland , Oregon, Washington ,, Portland, The, Los Angeles, The City College of New York, Columbia, Columbia's, Palestine, Providence , Rhode Island, Texas, Austin, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge
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Opinion | Nancy Pelosi, on Reforms to Reinforce Democracy
  + stars: | 2024-05-06 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “The Constitution Won’t Save Us From Trump,” by Aziz Rana (Opinion guest essay, April 28):Mr. Rana makes a strong case for legislative solutions that will reinforce American democracy. To that end, many of the reforms he calls for were already passed by House Democrats in 2022. Our Freedom to Vote: John R. Lewis Act would take these steps:1) Aim to stop voter suppression and election subversion. 4) Curtail the harmful, anti-democracy Citizens United decision by enacting the Disclose Act, which curbs anonymous funders from suffocating the airwaves with misrepresentations. President Biden, a patriotic and determined champion for democracy, has been forceful in his support for these reforms.
Persons: , Aziz Rana, Rana, John R, Lewis, Biden, shamefully Organizations: House Democrats, Citizens, Republicans Locations: Trump
CNN —Luis Suárez scored a hat trick for Inter Miami on Saturday, but it is not that impressive feat which is the focus of attention. Instead, it is once again Lionel Messi dominating headlines courtesy of a performance which almost defied belief. In a 6-2 victory over the New York Red Bulls, Messi broke two MLS records. Last week, in Miami’s victory over New England Revolution, Messi had set two other MLS records. Messi and Suárez formed a formidable partnership while at Barcelona and the pair have seamlessly transferred that understanding onto the pitch when playing for Miami.
Persons: CNN — Luis Suárez, Lionel Messi, Messi, , Gerardo “ Tata ” Martino, Suárez, Dante Vanzeir, Matías Rojas, Rojas, Emil Forsberg Organizations: CNN, Inter Miami, New York Red Bulls, MLS, Argentine, Chase, New England Revolution, Miami, Messi, Eastern Conference, CF Montreal Locations: Barcelona, New York
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. A month earlier, on the opposite coast in downtown Manhattan, FTX's Sam Bankman-Fried received a 25-year prison sentence for his crimes. At the beginning of his trial, SBF sported a fresh haircut and wore suits, but by its end, his curls were wild again. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. watch nowMoney makes all the differenceUnlike SBF, CZ didn't have his wealth wiped out by bankruptcy of the crypto company he founded.
Persons: Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, FTX's Sam Bankman, Fried, Zhao, Binance's Zhao, FTX's, Toyotas, Braden Perry, Perry, Manfred, SBF, Michael Lewis, Lewis, Sam didn't, Amr Alfiky, Sam, Caroline Ellison, , Zhao's, Yi He, Binance, David Ryder, Yang, Rachel Zhao, Yesha Yadav, Yadav, Mark Bini, Lewis Kaplan, Bankman, Kaplan, perjured, Neama Rahmani, Rahmani, Tre Lovell, Zhao hasn't, Lovell, weren't, FTX Organizations: Reuters, Bloomberg, Getty, Department of Justice, CFTC, Stanford University's, Bankman, CZ, Staff, Reuters Prosecutors, Alameda Research, Vanderbilt University, Wall Street, CNBC, FTX, Emergency Economic, Justice Department, DOJ Locations: Seattle, Manhattan, California, Hong Kong, Bahamas, Palo Alto, U.S, New York City, Alameda, Seattle , Washington, Paris, France, Angeles, Binance, Dubai, Delaware
CNN —Mystik Dan has won the 150th running of the Kentucky Derby in a dramatic photo finish at Churchill Downs on Saturday in Louisville. Over the years the Kentucky Derby has seen sporting drama, controversy and has crowned some of the best race horses in history. Unrivalled historyThe first Kentucky Derby was watched by a crowd of 10,000 people who saw three-year-old chestnut colt Aristides, ridden by jockey Oliver Lewis, triumph at Churchill Downs. The race, pictured here in 1978, has been run at Churchill Downs every year since its inauguration. Bob Baffert ban extendedThe 150th edition of the Kentucky Derby was run without arguably the most recognizable name in the sport, Bob Baffert.
Persons: Mystik Dan, Dan, Forever Young, Bob Baffert, Sierra Leone, Brian Hernandez Jr, Rob Carr, , Hernandez Jr, Kenny McPeek, Aristides, Oliver Lewis, revel, Charlie Riedel, Medina, Baffert “, Muth Organizations: CNN, Kentucky Derby, Churchill, Sierra, Forever, Triple Crown, Derby, NBC, Jet, AP, Churchill Downs, Churchill Downs Incorporated Locations: Louisville, Sierra Leone, Baltimore , Maryland, Faultless, Churchill Downs, Churchill, Medina, Kentucky
Hats on and Off at the 150th Kentucky Derby
  + stars: | 2024-05-04 | by ( The Styles Desk | David Kasnic | ) www.nytimes.com   time to read: +1 min
There are many associations that come to mind with the Kentucky Derby. But to be a true participant in the Derby spectacle, one needs a proper Derby hat. The tradition for wearing eye-catching attire to America’s most famous horse race began in the 1870s. The founder of the Kentucky Derby, Meriwether Lewis Clark Jr., was inspired by the fashionable dress codes at events like Ascot in Britain and Paris’s Grand Prix. Creating his own, he figured, would transform his racetrack from a place of ill-repute to one for well-heeled high society.
Persons: Meriwether Lewis Clark Jr, , Organizations: Kentucky Derby, Paris’s, The New York Times, Derby Locations: Derby, Britain, Churchill Downs
He’s jumping, along with all the other Republicans in moral free fall. “Supporting a man McConnell has clearly deemed unfit for the office may make McConnell craven, cynical or absurd, but he’s not alone in his decision.” Far from it. Christie at least isn’t supporting Trump. And it’s a reason that he can hold his head higher than Sununu, Barr or McConnell can. I’m asking Christie to remember that less than six months ago, he called Trump “a dictator.” And seemed to believe that.
Persons: Sununu, Trump, Matt Lewis, Barr, Mitch McConnell, Shocker, McConnell, , ’ ” Lewis, McConnell craven, he’s, Christie, Biden, ” I’m, Organizations: Daily, Republican, Trump, Republicans Locations: America, Chicago, United States
Norfolk Southern Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response to the East Palestine Derailment" in Washington, U.S., March 22, 2023. Norfolk Southern -invested unions and pension funds should back activist Ancora's full seven-director slate at the railroad's shareholder meeting later this month, two different Institutional Shareholder Services proxy advisory services said. Neuberger Berman said earlier that it would support Ancora's case for change at Norfolk Southern, while Canadian asset manager EdgePoint also reaffirmed on Thursday that it would be voting its shares with the activist. (EdgePoint was initially partnered with Ancora's campaign at Norfolk Southern but dissolved that arrangement months earlier.) Top institutional shareholders include Vanguard, BlackRock, State Street and Dodge & Cox, as well as California's pension funds, CalPERS and CalSTRS, and Colorado's public pension fund.
Persons: Alan Shaw, Ancora's, Taft, Jim Barber, Glass Lewis, Barber, investor's, Ancora, Neuberger Berman, EdgePoint Organizations: Norfolk Southern, Commerce, Science, Institutional, Hartley Advisory Services, Social Advisory Services, CNBC, UPS, ISS, Norfolk Southern's, Norfolk, Vanguard, Dodge, Cox Locations: East Palestine, Washington , U.S, Norfolk, East Palestine , Ohio, BlackRock
Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven board nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a "credible director and CEO candidate nonetheless." Ancora is seeking to oust both current CEO Shaw and newly appointed COO John Orr. ISS recommends shareholders support Ancora nominees William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry and John Kasich. "As board chair, Amy Miles arguably bears the most responsibility for this state of affairs," ISS' report read. WATCH: CNBC's full interview with NSC CEO Shaw on activist campaign
Persons: Jim Barber, Glass Lewis, Alan Shaw's, Barber, Amy Miles, Ancora, Shaw, John Orr, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry, John Kasich, Orr, Sen, Heidi Heitkamp, Richard Anderson Organizations: Norfolk, ISS, CNBC, Vanguard, BlackRock, Norfolk Southern, Delta Locations: Norfolk Southern, East Palestine , Ohio, Norfolk
Millions of Americans set to lose internet access
  + stars: | 2024-04-29 | by ( Daniel Lewis | ) edition.cnn.com   time to read: 1 min
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CNN —Mar Menor, Europe’s biggest saltwater lagoon, sits on the coast of southeastern Spain. Three years later, following an intense campaign, Mar Menor became the first ecosystem in Europe to be designated legal personhood rights. Today, Vicente was awarded the prestigious Goldman Environmental Prize – an annual award given to six grassroots environmental leaders, each working in a different continent. Teresa Vicente, 61, has been awarded the Goldman Environmental Prize for her successful campaign to grant Mar Menor legal personhood rights. “Right now, Mar Menor is in intensive care,” she says.
Persons: CNN —, Teresa Vicente, Mar Menor, Vicente, Jose Guerrero, , , Jose Miguel Fernandez, Menor Organizations: CNN, University of Murcia, Goldman, Mar, Goldman Environmental, University of Reading’s Centre of Justice, AFP Locations: Spain, Europe, AFP, Murcia, Colombia, New, Whanganui, Spain’s
Norfolk CEO: Believe Ancora is violating the Railway Labor Act
  + stars: | 2024-04-29 | 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 EmailNorfolk CEO: Believe Ancora is violating the Railway Labor ActNorfolk Southern CEO Alan Shaw joins 'Closing Bell Overtime' to discuss the ongoing fight with Ancora and respond to proxy advisor firm Glass Lewis siding with the activists ahead of the May 9th vote. Plus, Shaw updates on the progress the railroad is making on its operations to its operating ratio.
Persons: Alan Shaw, Ancora, Glass Lewis, Shaw Organizations: Norfolk, Railway Labor, Norfolk Southern
Activist investor Ancora received a powerful endorsement in its efforts to secure a board change and to oust Norfolk Southern CEO Alan Shaw on Monday, when proxy advisor Glass Lewis recommended the railroad's shareholders vote for 6 of Ancora's board nominees. "We believe Ancora has presented a compelling case for supporting a substantial overhaul of the Company's current leadership," Glass Lewis said in its report. Furthermore, Glass Lewis said Barber, Ancora's pick for CEO, and Jamie Boychuk, the activist's pick for COO, "have compelling credentials and track records." Ancora also seeks to install former CSX executive Boychuk as Barber's chief operating officer. Their support, coupled with Glass Lewis' endorsement, gives the activist powerful ammunition as it seeks to convince shareholders.
Persons: Ancora, Alan Shaw, Glass Lewis, Betsy Akins, Jim Barber, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry, Shaw, Amy Miles, Barber, Ancora's, Jamie Boychuk, Boychuk, John Orr Organizations: Norfolk Southern, Teamster, UPS, CNBC, CSX, Canadian National, CN, NSC, Norfolk Locations: Norfolk Southern, East Palestine , Ohio, Norfolk
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