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☆ Columbia University’s encampment ended with a mass police operation. Here’s how some schools avoided that
▼ + stars: | 2024-05-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +9 min

Notably, none of the schools agreed to fully divest from companies doing business in Israel, a demand student protesters have commonly rallied for across the country. What the schools agreed to doOn Monday, Northwestern announced an agreement with protesters to end the encampment. Rutgers agreed to meet with student protesters to discuss divestment and to support scholarships for at least 10 displaced Gazan students. Rutgers, along with Northwestern, agreed to expand spaces for Arab and Muslim students on campus. Recent agreements at Brown University and Northwestern University might show the way,” Roth wrote.

Persons: Brown, “, ”, Sophia Rosenfeld, Rosenfeld, Kena Betancur, Lena Shapiro, Shapiro, Michael Schill, Schill, ” Schill, Trisha Ahmed, Brown’s, Brown University Brown, Owen Dahlkamp, Dahlkamp, “ Brown, ” Brown, Christina Paxson, ” Dahlkamp, Elise Stefanik, Michael S, Roth, ” Roth Organizations: New, New York CNN, Ivy League schools Columbia, Northwestern University, Rutgers University, University of Minnesota, CNN, University of Pennsylvania, Columbia University, University of Illinois College of Law, Northwestern, Chicago, Rutgers, Birzeit University, West Bank, University of Minnesota's, Palestinian, Brown University, University Hall, Brown Daily Herald, Corporation of Brown University, University of California, University of Texas, Defamation, Republican, Twitter, Wesleyan University Locations: New York, Israel, Brown, Northwestern, New York City, AFP, Deering, Minneapolis, Minn, Providence , Rhode Island, Columbia, Los Angeles, Austin, Gaza

☆ Why Warren Buffett’s shareholders line up at 2 a.m. to see him in Omaha: He’s 'the guy who changed our life'
▼ + stars: | 2024-05-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Such is the scene every year at the shareholders meeting at Berkshire Hathaway , the $826 billion conglomerate helmed by the Oracle of Omaha himself, Warren Buffett . And I wanted to see Warren Buffett in person. Warren Buffett is the guy who changed our life. So we appreciate what Warren Buffett brought us. Or you can come here, see Warren Buffett in person, and just enjoy the conference.

Persons: Buffett, Warren Buffett, James F, Walter Chang, Graham, Dodd, Warren, Charlie, Matt McAllister, Omaha's, Jason Garner, James Hunt, Nathan Prottsman, It's, We're, Munger, Barbara Govan, Charlie Munger, Yuan Fang, Tom Keady, That's, Giuliano Guarino, Eleanor Abney, Hayden, Parker McIntosh Organizations: CNBC, Berkshire Hathaway, Oracle, CHI, Center, Berkshire Locations: Omaha, Berkshire, Fairhope , Alabama, Taipei, Taiwan, Oakville, Canada, South Africa, Omaha , Nebraska, Houston , Texas, Dublin, Ireland, New Market , Maryland, Milan, Italy, Louisville , Kentucky

☆ Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.
▼ + stars: | 2024-04-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.

Persons: —, Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns

☆ US and China are buying into Mexico’s manufacturing moment
▼ + stars: | 2024-04-28 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.

Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, —, Joe Biden, Donald Trump, Trump, ”, Global’s, Raines, Christoffer Enemaerke, “, Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, “, Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, ”, Nuevo Leon, Asia

☆ Long-time quant bigwig Neil Chriss is out at Paloma after just 11 months. It was a year of big hires, a restructuring, and new New York digs.
▼ + stars: | 2024-04-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Chriss — who joined the long-running quant-focused multi-strategy firm in May of 2023 — is "no longer with Paloma," according to a letter sent to the firm's investors Monday. Chriss had been at Millennium for five years prior to joining Paloma and founded his own hedge fund, Hutchin Hill, in 2007. Paloma declined to comment on the rationale for his departure, and Chriss did not respond to requests for comment. But it was not all growth for Paloma while Chriss was at the helm.

Persons: —, Neil Chriss's, Paloma, Chriss —, Chriss, Donald Sussman, Ravi Singh, Goldman Sachs, Chris LaSusa, LaSusa, Steve Cohen, Shaw, Ritter Organizations: Service, Paloma, Business, Industry, Intelligence, Goldman, KCL, D.E, Capital, Ritter Alpha Locations: Hill, Greenwich, New York, Manhattan, Minnesota

☆ The city whose 'doom loop' just might be worse than San Francisco's
▼ + stars: | 2024-04-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

An office building in St. Louis sold for $3.6 million after selling for $205 million 18 years prior. Downtown St. Louis is filled with unoccupied buildings and an unwillingness to visit them. The steep drop in the tower's value is just one sign that St. Louis' central business district is struggling, reports say. Indeed, St. Louis' downtown resembles a ghost town with a number of boarded-up buildings, according to The Wall Street Journal's Konrad Putzier. AdvertisementThe problem with Midwestern cities, like St. Louis, is that there's not much attracting people to the center of the city — and that applies to commuters, tourists, and residents.

Persons: Louis, —, Konrad Putzier, Glenn MacDonald, Business Insider's Eliza Relman, Michael Hicks, BI's Relman, Relman, Tracy Hadden Loh Organizations: Service, T, Goldman Group, News, Washington University, Olin Business School, Business, University of Toronto, Midwest ., Ball State University, Midwest, Brookings Institution Locations: St, Downtown St, Francisco's, North America, Midwest, Midwest . San Francisco, Indiana, —, San Francisco and New York

☆ Opinion | The Troubling Trend in Teenage Sex
▼ + stars: | 2024-04-12 | by ( Peggy Orenstein | ) www.nytimes.com time to read: +2 min

Debby Herbenick is one of the foremost researchers on American sexual behavior. The director of the Center for Sexual Health Promotion at Indiana University and the author of the pointedly titled book “Yes, Your Kid,” she usually shares her data, no matter how explicit, without judgment. So I was surprised by how concerned she seemed when we checked in on Zoom recently: “I haven’t often felt so strongly about getting research out there,” she told me. As someone whose been writing for well over a decade about young people’s attitudes and early experience with sex in all its forms, I’d also begun clocking this phenomenon. (Note: There is no safe way to strangle someone.)

Persons: Debby Herbenick, ”, Herbenick, I’d, “ Organizations: Center for Sexual, Indiana University

☆ Property Taxes Drive Racism and Inequality - The New York Times
▼ + stars: | 2024-04-11 | by ( Andrew W. Kahrl | ) www.nytimes.com time to read: +3 min

Property taxes, the lifeblood of local governments and school districts, are one of the most powerful and stealthy engines of racism and wealth inequality our nation has ever produced. In theory, the property tax would seem to be an eminently fair one: The higher the value of your property, the more you pay. This results in wealthy communities enjoying lower effective tax rates while generating more tax revenues; at the same time, poorer ones are forced to tax property at higher effective rates while generating less in return. And for all the taxes Black people paid, they got little to nothing in return. During those years, the nation’s real estate industry made white-owned property in white neighborhoods worth more because it was white.

Persons: Biden, Jim Crow Locations: Virginia’s, Northern

☆ These 10 retail brands are the fastest growing in the U.S., Yelp says
▼ + stars: | 2024-04-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Of the 50 fastest-growing chains in Yelp's report, 35 were restaurant brands. Jack in the Box, First Watch and Dutch Bros were among the public restaurant chains included in the report, but they didn't crack the top 10. Popeyes' higher sales have encouraged franchisees to open more locations and led new operators to join the brand, Restaurant Brands executives have previously said. In 2023, Popeyes surpassed KFC as the second-most popular chicken chain in the U.S. by sales, trailing only Chick-fil-A.

Persons: Jack, Levi Strauss, Cava CAVA, Cava, Zachary Lucy, Scott Olson, Darden, Yum, Stephanie Dhue, Tim Hortons, Burger King, Randy Risling, Popeyes, Michael Siluk, Freddy's, Kyle Rivas, It's, Justin Sullivan Organizations: Dutch Bros, Publicly, Nordstrom, Costco, New York Stock Exchange, Pacific Coast League, Omaha Storm, Memphis Redbirds, AP, LongHorn, Getty, Darden, steakhouse, Parent, Yum Brands, Taco Bell, KFC, East, CNBC, Wawa, Toronto Star, Brands, Restaurant Brands, UCG, Thompson, Capital Partners, Rally House, Kansas City Chiefs, Tampa Bay Buccaneers, Subs Locations: U.S, Cava, Werner, Omaha , Nebraska, Nebraska, Skokie , Illinois, California, West, Wawa, Bethany Beach , Delaware, Philadelphia, It's, Louisiana, Lansing , Kansas, Kansas City , Missouri, Midwest, Pennsylvania, Arizona, Olive, Lincolnwood , Illinois, Jersey, Petaluma , California

☆ Biden's Gaza stance could cost him critical college votes in swing states
▼ + stars: | 2024-04-09 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

But the Israel-Hamas war has complicated the party's hold on young voters and liberals in college towns. And the dynamic has created a rocky path for Biden as he needs these voters to turn out for him this fall. AdvertisementIn 2020, Biden easily won Dane County, emerging with a 181,000-vote margin over then-President Donald Trump en route to winning Wisconsin by roughly 20,000 votes. Related storiesLast week, Biden won nearly 89% of the vote in the Wisconsin Democratic presidential primary, per unofficial AP results. Biden traveled to Madison on Monday to unveil his revamped student-loan forgiveness plan, which could aid more than 30 million borrowers.

Persons: Biden, —, Joe Biden, Dane County, Donald Trump, Megan Eisenstein, Dane Organizations: Service, Democratic, The New York Times, Trump, Wisconsin Democratic, Lawrence University Student Democrats, a College Democrats, US Locations: Israel, Madison, Wis, Hill, N.C, Gaza, Dane County, Wisconsin, Dane, Michigan

☆ 5 US cities that will give you a free house or land
▼ + stars: | 2024-04-06 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Some cities in the US try to lure people to move there by giving away property for free. In some spots, land is given for free, but the recipient is responsible for building a home. Here's a list of cities across the country that give free property to movers. Some towns, meanwhile, are offering movers land or entire homes at low or no cost. Here are a few places across the country that are offering land or property to movers.

Persons: —, they're Organizations: Service, Realtors, Land Institute Locations: Tulsa, In Kansas, Iowa

☆ A top Democratic pollster says low primary voter turnout in Chicago is a 'warning sign' for Biden as cities 'need to be an engine of turnout' for his reelection bid
▼ + stars: | 2024-03-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Democratic pollster Celinda Lake said Chicago's low voter turnout last week is a "warning sign." "These cities need to be engines of turnout," she recently told The Chicago Sun-Times. "It's a warning sign for Detroit, where it will matter," she continued. "It's a warning sign for Philadelphia and Pittsburgh." "These cities need to be engines of turnout," she said.

Persons: —, Joe Biden's, Biden, Donald Trump, wasn't, weren't, Tina Sfondeles Organizations: Chicago Sun, Times, Biden, Service, Democratic, Trump, Detroit, Philadelphia Locations: Times . Chicago, Chicago, Cook, Cook County, Atlanta, Detroit, Las Vegas , Milwaukee, Philadelphia, Phoenix, " Illinois, Pittsburgh, Georgia, Pennsylvania

☆ When Medicaid Comes After the Family Home
▼ + stars: | 2024-03-16 | by ( Paula Span | ) www.nytimes.com time to read: 1 min

The letter came from the state department of human services in July 2021. It expressed condolences for the loss of the recipient’s mother, who had died a few weeks earlier at 88. Then it explained that the deceased had incurred a Medicaid debt of more than $77,000 and provided instructions on how to repay the money. She asked not to be identified, because the case is unresolved and she doesn’t want to jeopardize her chances of getting the bill reduced. The daughter moved into the family’s Midwestern home years earlier, when her widowed mother, who had vascular dementia, began to need assistance.

Persons: “, ” Organizations: The New York Times

☆ 4 of the most competitive rental markets in the country added virtually no new apartments in 2023. It shows the housing crisis isn't going away.
▼ + stars: | 2024-03-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

Read previewThe most competitive rental markets in the country are failing to add enough new housing. That's according to a new analysis of the country's 139 largest rental markets by RentCafe, which found that 17 of the 20 most competitive rental markets in the US are building less than the national average. Miami has the most competitive rental housing market in the country, the report found. Just 3.5% of Miami's rental apartments were vacant early this year — far below the five to eight percent vacancy rate that's considered healthy. Seven midwestern cities are among the top 20 most competitive markets in the US.

Persons: —, RentCafe Organizations: Service, RentCafe, Oklahoma City, Silicon Valley , California —, Business, Income Housing Coalition, —, Miami, Chicago . College towns —, University of Arkansas Locations: Oklahoma, Bridgeport, New Haven, Connecticut, Lansing, Ann Arbor , Michigan, Silicon Valley , California, Brooklyn , New York, San Diego, North New Jersey, Miami, Midwest, Milwaukee, North Jersey, Chicago, Fayetteville

☆ Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
▼ + stars: | 2024-03-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +9 min

First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.

Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston

☆ TikTok CEO doubles down and urges users to get loud and contact senators
▼ + stars: | 2024-03-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Hours after the US House of Representatives voted in favor of the bill by a wide margin, 352 to 65, Shou responded with a video on TikTok urging users to "make your voices heard." The rallying cry follows an earlier TikTok action that prompted users to input their ZIP code in order to identify and contact their representatives in Congress. Share them with your friends, share them with your family, share them with your senators. Over the past week, X users have responded in droves with their all-time favorite clips after @destroynectar asked, "What video is the reason they shouldn't ban TikTok?"

Persons: —, Shou Chew, Shou, TikTok's, Joe Biden, @destroynectar, ITYNCTnThf, Steven Mnuchin — Organizations: Service, Business, Big Tech

Severe storms tore through three Midwestern states on Thursday, producing a tornado in northwestern Ohio and damaging dozens of homes in eastern Indiana. In Indiana, the towns of Winchester and Selma appeared to be the worst hit. Local officials said they believed a tornado had hit a trailer park in Winchester according to 13 WTHR, an NBC News affiliate, and a pastor said his church had been destroyed. Meteorologists said they were working to confirm that a tornado had touched down there.

Persons: Selma Organizations: Local, NBC News Locations: Ohio, Indiana, In Indiana, Winchester

☆ This winter was weirdly warm — and rough for retailers
▼ + stars: | 2024-03-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The US just experienced the warmest "meteorological winter" on record, NOAA said last week. It also led to unpredictable consumer demand, causing headaches for retailers and other businesses. For Dick's, warmer weather means that sales skew toward lightweight fleeces rather than pricier down parkas, she said. A retailer in South Dakota surveyed by the Federal Reserve said that even though the warmer weather led to higher foot traffic, sales of winter gear and equipment fell. AdvertisementFrom major complications to minor inconveniences, it's looking like this winter could be a preview of what's to come thanks to the climate crisis.

Persons: Lauren Hobart, Hobart's, didn't, Hal Lawton, Lawton isn't, Raymond James, Lowe's, Marvin Ellison, Bill Boltz, Wisconsin's Organizations: NOAA, Service, National Oceanographic, Atmospheric Administration, Sporting, Tractor, Co, Raymond, Raymond James Institutional Investors, Federal Reserve, Climate Central Locations: NOAA's, East, Midwest, South Dakota

☆ When Cicadas Emerge, Things Might Get a Little Wet
▼ + stars: | 2024-03-11 | by ( Alla Katsnelson | ) www.nytimes.com time to read: +1 min

This spring, when the ground temperature hits 64 degrees Fahrenheit, trillions of cicadas will dig their way up from beneath the soil across the Southern and Midwestern United States. In a rare so-called double emergence, two distinct cicada broods — one on a 13-year life cycle and the other on a 17-year one — will take to the trees to sing, eat and mate. And though we may prefer not to think about it, considering their lodgings in the branches above, the cicadas will also eliminate waste in the form of urine. Despite their size, cicadas have an impressively powerful stream, scientists reported in an article published Monday in the journal Proceedings of the National Academy of Sciences. The researchers adapted a fluid dynamics framework based on features like surface tension and the effects of gravity to map out how animals of different sizes, from mosquitoes to elephants, might pee.

Persons: Saad Bhamla Organizations: Southern, Midwestern, National Academy of Sciences, Georgia Institute of Technology Locations: Midwestern United States

☆ Inside a Michigan Town's War Over a Chinese-Owned Battery Plant
▼ + stars: | 2024-03-10 | by ( Brent Crane | ) www.businessinsider.com time to read: +24 min

This was nothing short of a communist invasion, in his eyes, and the patriots of Green Charter needed to rise up and confront the Red Peril. But the backlash in Green Charter represents something seldom seen since the Red Scare: a quasi-militant, homegrown resistance to the perceived threat of communism at home. But as the war over Gotion began to consume Green Charter, Riebow began to feel that the township board was behaving "too secretly." It's easy to dismiss what's happened in Green Charter as yet another sign of America's descent into dangerous incivility. Asked about Gotion's plans in Green Charter, Panetta replied, "I don't think there's any question that they are going to take advantage of that situation."

Persons: Jeff Peticolas, Sam Peticolas, He'd, Peticolas, Gos, Green, Matt Harrison Clough, Jim Chapman, I've, Chapman, freaked, Rush Doshi, Joe Biden's, Doshi, Donald Trump, Sen, Katie Britt, Lori Brock, Kristina Karamo, Lana Theis, John Moolenaar, it's, Gotion, John Holdsworth, I'm, Tracy Ruell, Ruell, Carlleen Rose, she'd, Suzi, Tim Hahn, Hahn, texted Hahn, Jeff, Corri Riebow, She'd, Riebow, Breitbart, Gretchen Whitmer, —, we've, Holdsworth, Jason Kruse, Kruse, that's, Kruse demurred, Hahn's, we're, We're, what's, William Evanina, Leon Panetta, Barack Obama's, Panetta, Brent Crane Organizations: Imperial, Pacific, Nikon, Ferris State University, Tech, Green Charter, BI Green Charter, Michigan, United States, Chinese Communist Party, Michigan Republican Party, Michigan GOP, WE, Republican, Republicans, Gotion, Treasury Department, BI, CCP politburo, Party, Communist Party of China, SAIC, Nexteer Automotive, Facebook, Big Rapids, Local, Moolenaar, Fox News, Daily Mail, Gov, Green Charter's, Ferris State, Big, FBI Locations: Pearl, He'd, Imperial Japan, Vietnam, Mecosta County , Michigan, American, Green Charter, Green, China, Green Charter's, Montana, Beijing, Arkansas, Reedley , California, Manteno , Illinois, Washington, America, United, United States, Biden's State, Alabama, Mecosta County, Michigan, Sweden, Big Rapids, enervated, Gotion, Northern Michigan, USA, Filipino, Charter, San Diego

☆ McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars
▼ + stars: | 2024-03-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

The chain's sales are "way stronger" in Texas, Arizona and Florida than in midwestern states such as Indiana and Wisconsin, according to Osanloo. For more mature companies such as McDonald's , it means accelerating new restaurant growth in areas where it's now underrepresented. It isn't just restaurants looking to the Sun Belt for sales growth. In addition to well-known chains, Greider has also seen restaurants with chef-driven name recognition traveling south from New York and Chicago. The chain's sales are growing again, according to Brix Holdings CEO Sherif Mityas, making it an opportune time to expand Friendly's footprint.

Persons: Portillo's, Michael Osanloo, you've, Justin Greider, Macy's, Phillips, Manu Steijaert, Greider, they've, that's, Carbone, Friendly's, Sherif Mityas, Mityas, we're, Christine Barone Organizations: Beef, CNBC, Northeast, Sun, Airlines, Dallas, Phillips Edison & Company, JPMorgan, Grill, Major Food Group, Brix Holdings, Brix, Bros Locations: Kissimmee , Florida, Chicago, Texas, Texas , Arizona, Florida, Indiana, Wisconsin, U.S, Midwest, Charlotte, Phoenix, Houston, Dallas, Fort Worth, Atlanta, Florida , Texas , Arizona, Georgia, North Carolina, New York, Miami, Massachusetts, Mississippi, Minneapolis, Southern California, California, Virginia

☆ Ken Griffin Gifts $50 Million to University of Miami Cancer Center
▼ + stars: | 2024-03-05 | by ( Tiara White | ) www.businessinsider.com time to read: +3 min

Ken Griffin gave $50 million to the Sylvester Comprehensive Cancer Center, part of the University of Miami's medical school, to help advance cancer research, according to a press release. AdvertisementA rendering of the Kenneth C. Griffin Cancer Research Building. Since moving to Miami, Griffin has been making his mark on the Sunshine State, including a slew of charitable gifts and big real-estate purchases. The new building, to be named the Kenneth C. Griffin Cancer Research Building, is set to be one of the largest stand-alone buildings for cancer research in Florida, the University of Miami's press release said. AdvertisementThe Sylvester Comprehensive Cancer Center in Miami University of Miami"The Ken Griffin name has become synonymous with philanthropic leadership that drives value in the communities in which he operates," Stuart A. Miller, the board chair of the University of Miami Health System, said.

Persons: —, Ken Griffin, Griffin, I'm, Kenneth C, He's, It's, Stuart, Miller Organizations: Service, Citadel, Cancer Center, University of, Business, Harvard, Faculty of Arts and Sciences, Harvard Crimson, Griffin Cancer Research, University of Miami, Miami —, Sunshine, Citadel Securities, Forbes, University of Miami's, Miami University of Miami, University of Miami Health Locations: Florida, Chicago, Miami, New York

☆ How the fortune of one of America’s biggest pharmaceutical families has quietly funded conservative causes
▼ + stars: | 2024-03-03 | by ( Casey Tolan | ) edition.cnn.com time to read: +21 min

From The Searle Freedom TrustThis year, the Searle trust is poised to play an even bigger role as it empties out its coffers. Researchers who study political nonprofits say that the Searle trust has had a major impact, even as the Searle family has stayed under the radar compared to more well-known conservative benefactors. The Searle trust is one of the most prolific funders of conservative groups among all private foundations, according to a CNN analysis of nonprofit tax data. The Searle trust has given millions to the Foundation for Government Accountability, which has worked behind the scenes to push conservative policies such as stricter voting laws. Dennis, the CEO of the Searle trust, is also the chair of DonorsTrust.

Persons: Searle, Daniel C, Trump, Donald Trump, ”, Galen Hall, who’s, Kimberly Dennis, ” Searle, “, Sarah Scaife, doesn’t, Michael B, Thomas, SPN, They’ve, ” Brendan Fischer, Brendan Fischer, “ They’ve, ” Hall, Caleb Rossiter, ” Galen Hall, movement’s MAGA, It’s, Mike Pence, that’s, Dennis, Henry Ford, John D, Rockefeller, ” Fischer, Gideon, Michael Searle, ” Dennis, “ We’re, Dan, Gideon Daniel Searle, Daniel Searle, Jonathan Eig, Jack Searle, Daniel Searle’s, Gregory Pincus, John Rock, Pincus, weren’t, –, Sue, Eig, Margaret Marsh, Enovid, misoprostol, Searle –, Pfizer –, ” Daniel Searle, Donald Rumsfeld, Searles, Biden, Wade, Dobbs, Kristen Batstone Organizations: CNN, Searle Freedom Trust, University of Michigan, Sarah Scaife Foundation, Searle, American Enterprise Institute, Reason Foundation, Tax Foundation, Manhattan Institute, Cato Institute, Foundation, Government, State Policy Network, American Legislative Exchange Council, Fair, Pacific Legal Foundation, Federalist Society, Competitive Enterprise Institute, Environment Research Center, CO2 Coalition, Heartland Institute, ”, CO2, Heartland, Republican Party, movement’s, America, Policy Institute, Trump, American Freedom Foundation, Everett, FDA, Rutgers University, Pfizer, Monsanto, Heritage Foundation, Reason, Affordable, New Civil Liberties Alliance, Public Policy Center, Claremont, National Women’s Health Network, Trust, IRS Locations: Missouri, St, Louis , Missouri, California, judgeships, ”, Omaha, Metamucil, Dramamine, Puerto, Brazil, Diet Coke, America

☆ The US housing market added $2 trillion in value last year, boosted by a nationwide shortage of homes for sale
▼ + stars: | 2024-02-28 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

The US residential market added $2.4 trillion in value last year, listings site Redfin said. AdvertisementThe housing market in the US added $2.4 trillion last year, jumping to $47.5 trillion. Though housing demand has been dampened by stubbornly high mortgage rates, the total value of the market climbed by 5.3% from December 2022, preliminary data released by Redfin on Wednesday showed. Pandemic-era mortgage rates fell below 3%, driving a frenzy of buying in 2020 and 2021. The combination of elevated mortgage rates, high home prices and a limited pool of homes for sale means homeownership is about as unaffordable as ever.

Persons: Redfin, —, aren't, Chen Zhao Organizations: Service Locations: Redfin, New York City, New Jersey, Midwest, Milwaukee, Grand Rapids, New York, Honolulu , Riverside, Denver

☆ Takeaways from the Michigan Democratic and Republican primaries
▼ + stars: | 2024-02-27 | by ( Eric Bradner | Gregory Krieg | ) edition.cnn.com time to read: +11 min

“Joe Biden is losing about 20 percent of the Democratic vote today, and many say it’s a sign of his weakness in November. Phillips’ high point was in New Hampshire, where he drew nearly 20% of the Democratic primary vote. Republicans opposed an earlier Michigan primary, which violated Republican National Committee rules limiting which states can hold contests before March 1. After Democrats, who control the legislature and the governor’s office, moved the Michigan primary to February 27 despite the Republican opposition, the RNC and the Michigan GOP came up with the hybrid model. However, Kristina Karamo, the election conspiracy theorist who the state party voted to oust in January, has refused to relinquish control, arguing that she was unlawfully removed.

Persons: CNN — Joe Biden, Donald Trump, Trump’s, Biden, –, uncommitted, Gretchen Whitmer’s, Joe Biden, CNN’s Dana Bash, Debbie Dingell, Cassandra, Nikki Haley, Uncommitted, ”, Andy Levin, wouldn’t, ” Levin, Biden’s, ” Abbas Alawieh, Alawieh, —, Haley Haley, won’t, Haley, hasn’t, “ Joe Biden, ” Haley, Olivia Perez, Cubas, Abby Phillip, Dean Phillips, Dean Phillips ’, “, Phillips, Marianne Williamson, Pete Hoekstra, Hoekstra, Kristina Karamo, J, Joseph Rossi Organizations: CNN, Democratic, Arab American Democrats, GOP, Trump, Biden, of Health, Michigan, Michigan Gov, South Carolina Gov, Michigan Democratic, Biden can’t, Progressives, Republican, South, Minnesota, Israel, Granite, Democratic National, Twitter, Michigan GOP, Republican National Convention, Republicans, Committee, RNC, Detroit . Kent Locations: Michigan, Gaza, Israel, Dearborn, Minnesota, South Carolina, New Hampshire, — demoting Iowa, Nevada, Netherlands, Grand Rapids, Detroit ., Detroit

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