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Selipsky's three years as AWS CEO were marked by mixed results. AdvertisementHe steered through some of the cloud business' slowest growth rates, largest layoffs, and biggest challenges in the artificial intelligence space. AdvertisementAmazon's generative AI service Bedrock was delayed after originally being scheduled to launch in the fall of 2022, the person said. Garman was once considered a frontrunner to replace former AWS CEO Andy Jassy in 2021 when Jassy took over as Amazon's CEO. Some insiders referred to Selipsky as "just a sales guy" and "uninspiring," as the cloud leader faced unprecedented competition in generative AI.
Persons: , Adam, Selipsky, shakeup, Patrick Neighorn, Matt Garman, Garman, Andy Jassy, Jassy, Amazon, Ashley Stewart Organizations: Service, Web Services, Business, AWS, Amazon, BI, Rivals Microsoft, Google
Read previewWhether you like it or not, Sam Altman just let you know you're getting an AI best pal. Advertisement"I see you're rocking an OpenAI hoodie, nice choice," ChatGPT told a user in one demo. the AI bot said, before delivering a story about a robot named Bite in dramatic, singing, and robotic voices, depending on the request from the user. This is where AI labs are leading us: to a near future of AI as coworker, friend, and ubiquitous presence," Mollick wrote on Substack. AdvertisementIt's something its rivals will pay close attention to, with the possibility of a new battle emerging between companies trying to release the most human, friendly AI bot they can.
Persons: , Sam Altman, Mira Murati, Altman, Scarlett Johansson, Spike Jonze's, ChatGPT, Barrett —, he'd, Joaquin Phoenix's, Samantha, Ethan Mollick, Mollick, OpenAI, Mustafa Suleyman, Siri Organizations: Service, Business, Wharton University, Microsoft, Apple
Porsche’s iconic 911 is going hybrid
  + stars: | 2024-05-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
A hybrid Porsche 911, with its gas engine assisted by at least one battery-powered electric motor, will officially be revealed in an online event on May 28. Porsche itself already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car but a hybrid 911 is another matter. This new hybrid model will be the closest Porsche can get to an electric 911 without raising those sorts of philosophical questions. But we do know the hybrid 911 is clearly faster than the current purely gas-powered 911. The faster time indicates the hybrid 911 has greater power due to the addition of electric assistance.
Persons: CNN —, ” Jörg Bergmeister, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen Locations: Cayenne
CNN —Two passengers and a pilot emerged unscathed from a small plane after it was forced to land without landing gear following a mechanical failure at Newcastle Airport in Australia’s New South Wales. The plane, a Beach B-200 Super King, circled the airport for hours burning fuel before making a “textbook” wheels-up emergency landing, CNN affiliate Nine News reported. Footage shows the plane approaching the runway without its landing gear activated before touching down and skidding along the tarmac until coming to a stop. “It was a great result, really well done by the pilot,” Humphrey reportedly said. “I could hear him on the air, he sounded very calm to me.”The plane had been circling the airport for several hours in order to burn fuel.
Persons: Wayne Humphrey, ” Humphrey, , Humphrey Organizations: CNN, Newcastle Airport, Nine, NSW police, Port Macquarie Locations: Australia’s New South Wales, Newcastle, Port, Sydney
Learn moreGrand Prix de France, or the French Grand Prix, is back for another year. We've got all of the details on where to watch the MotoGP race, including a free live stream. Where to watch MotoGP in the USMax is the streaming home of MotoGP in the US. Shop at MaxWhere to watch MotoGP in AustriaAll MotoGP races air on ServusTV in Austria. How to watch MotoGP from anywhereIf you're outside Austria at the moment, you can still access the free French MotoGP live stream with a VPN.
Persons: We've, Marco Bezzechi, Jorge Martin, Francesco Bagnaia, Max, HBO Max, it's, ExpressVPN Organizations: Business, Prix de France, Bugatti Circuit, MotoGP, HBO, Warner Bros, Austria Locations: Le Mans, France, ServusTV, Austria
Companies are rapidly integrating generative AI technology to boost productivity. AdvertisementCompanies have been racing to deploy generative AI technology into their work since the launch of ChatGPT in 2022. She added that the "demand for AI governance and risk experts is outpacing the supply." "The venture capital environment also reflects a disproportionate focus on AI innovation over AI governance," Singh told Business Insider by email. But with the pace of innovation in AI, government regulations may not be enough right now to ensure companies are protecting themselves.
Persons: , haven't, Tad Roselund, Nanjira Sam, Navrina Singh, Singh Organizations: Service, Companies, Microsoft, Boston Consulting Group, MIT Sloan Management, Stanford's Institute for, Intelligence, Biden Administration Locations: EU
New York CNN —Big Tech is racing to address the stream of A.I.-generated images inundating social media platforms before the machine-crafted renderings further contaminate the information space. TikTok announced on Thursday that it will begin labeling A.I.-generated content. (Notably, Elon Musk’s X has not announced any plans to label A.I.-generated content.) Social media giants have reams of rules prohibiting certain content on their platforms, but history has repeatedly shown that they have often failed to adequately enforce them and allowed malicious content to spread to the masses before taking action. That poor record doesn’t inspire much confidence as A.I.-created images increasingly bombard the information environment — particularly as the U.S. hurtles toward an unprecedented election with democracy itself at stake.
Persons: TikTok, Elon Musk’s, OpenAI, Katy Perry, , Perry, ” Perry Organizations: New York CNN, Big Tech, YouTube, Microsoft, Social Locations: New York, Silicon
First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.
Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California
In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.
Persons: , Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London
The Senate is racing against a Friday deadline to pass legislation to reauthorize the Federal Aviation Administration at a moment of intense uncertainty and disruption in the air travel system, but a host of policy disputes and unrelated issues are threatening to prolong the debate. As one of the few remaining bills considered a must-pass item this year, the F.A.A. package has become a magnet for dozens of amendments and policy riders that lawmakers are fighting for a vote on, which has slowed its progress in the Senate. and another $738 million to the National Transportation Safety Board for airport modernization, technology programs and safety. It also would bolster the hiring and training of air traffic controllers, codify airlines’ refund obligations to passengers and strengthen protections for passengers with disabilities.
Persons: Chuck Schumer, Organizations: Federal Aviation Administration, Senate, National Transportation Safety Board Locations: New York
‘Aha’ momentCynthia Wilson and her husband Craig Bjork relocated from the US to Marinha Grande, situated in the Leiria District of Portugal, just over two years ago. Community spiritThe couple celebrate Wilson's first birthday in Portugal with friends. “My Portuguese friends taught me that you have to first recognize their humanity,” says Wilson. There’s no place for that.”Wilson has warmly embraced the Portuguese way of life, particularly the focus on food, which has long been a big part of her life. Doing something odd.”Wilson and Bjork say that they’ve had “zero problems” since relocating to Portugal and couldn’t be happier.
Persons: CNN — They’d, Cynthia Wilson, Craig Bjork, Wilson, , I’ve, ” Wilson, , Bjork, , it’s, Wilson's, , Cynthia Wilson “ Retirement’s, that’s, I’m, hasn’t, ” “, , they’ve, Dulce Silva, Sérgio Carvalho, grandly, Rainha Joia, Maria da Silva, Cynthia Wilson Wilson, “ There’s, couldn’t Organizations: CNN, CNN Travel, Facebook Locations: Portugal, Europe, Seattle, Estonia, Marinha, Leiria District, Lisbon, Kansas, Wichita , Kansas, Marinha Grande, Porto, Algarve, San Francisco, Manhattan, Florabela, America,
Read previewA more intense cold war between the US and China would have a potentially dire impact on the global economy, according to an official from the International Monetary Fund. Speaking at Stanford University on Tuesday, IMF deputy managing director Gita Gopinath said that while US-China tensions haven't yet devolved into a full-blown cold war, such an escalation would be a major headwind to global growth. Advertisement"The emergence of these 'connector' countries—perhaps most notably Mexico and Vietnam—may have helped cushion the global economic impact of direct trade decoupling between the U.S. and China," Gopinath said. Zooming out, Gopinath highlighted that geopolitical instability in regions like the Middle East and turmoil stemming from the Russia-Ukraine war has sparked trade turbulence unseen since the Cold War. The IMF emphasized that trade fragmentation carries a higher price tag today, with the goods trade-to-GDP ratio now at 45% compared to 16% at the onset of the Cold War.
Persons: , Gita Gopinath, Gopinath Organizations: Service, International Monetary Fund, Stanford University, Tuesday, Business, IMF, U.S Locations: China, Mexico, Vietnam, Russia, Ukraine
Microsoft has developed a secret AI model exclusively for US spy agencies, Bloomberg reported. It's part of a broader effort by intelligence agencies to use AI for more efficient data handling. AdvertisementMicrosoft created a secret AI model for US spy agencies that is not connected to the internet. It is yet to be tested and accredited by the intelligence agencies. Intelligence agencies have long wanted to use AI to handle data more efficiently.
Persons: , William Chappell, Chappell, Dennis J, Gleeson, Jr, Sheetal Patel, CIA didn't Organizations: Microsoft, Bloomberg, Service, CIA, Transnational, Technology Mission Center, Intelligence, of National Intelligence, AIM Initiative, Business
“I love realistic space movies … I’m definitely a nerd,” reads Chris Birch’s answer on her profile page. That response proved prescient: shortly after stepping away from her professional cycling career, the Arizona native was selected from more than 12,000 applicants to join NASA’s astronaut class of 2021. The further she progressed with her application to join NASA, the more convinced she became that she had a future in spaceflight. “I really just had a blast,” Birch tells CNN Sport. “I absolutely would love to explore off this planet,” says Birch.
Persons: Christopher Nolan’s, , Chris Birch’s, sidesteps, Birch, ” It’s, keener, Artemis, Luis Acosta, , I’m, ” Birch, that’s, she’s, There’s, “ I’m, I’ll Organizations: CNN, USA Cycling, NASA, CNN Sport, Space, Soyuz, Houston’s, Space Center, Getty, Tokyo, Games, Colorado –, Houston Marathon Locations: Arizona, madison, Peru, AFP, Leadville, Colorado, Montana, California
The chairman of the powerful House Judiciary Committee is launching an investigation into Formula 1 and its U.S. owner, Liberty Media , to demand answers about the sport's decision to deny Andretti Global a spot on the grid. The letter is dated Tuesday and addressed to Greg Maffei, the president and CEO of Liberty Media, and Stefano Domenicali, the president and CEO of Formula One Group. "Delaying Andretti Cadillac's entry into Formula One for even one year will harm American consumers to benefit failing Formula One teams," Jordan writes. "Limiting the number of teams in Formula One will increase the price of sponsoring or buying into an existing Formula One team. The letter comes days after Mario Andretti, a former Formula 1 world champion, visited Capitol Hill and spoke at a press conference with lawmakers to pressure the sport to admit Andretti Global.
Persons: Mario Andretti, John James, Jim Jordan, Greg Maffei, Stefano Domenicali, Andretti, Jordan Organizations: Washington , DC, Andretti, Capitol, General Motors, Committee, Liberty Media, NBC News, Formula One, Formula, One, Andretti Global, Capitol Hill Locations: Washington ,, Ohio, United States, Michigan
Amgen is among the leaders of a pack of drugmakers racing to join the market with their own weight loss treatments. Amgen's drug, MariTide, is taken less frequently than Novo Nordisk's Wegovy and Eli Lilly's Zepbound, and may cause longer-lasting weight loss than the market leaders' injections. Novo Nordisk and Eli Lilly are also working on new weight loss drugs. The competition for a slice of the weight loss market has only grown more fierce in recent months. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.
Persons: NOVO.B, Scott Olson, Eli Lilly, Nordisk's Wegovy, Eli Lilly's Zepbound, Amgen, William Blair, Matt Phipps, Bob Bradley, Boehringer Ingelheim, Phipps, Zepbound, Chris Schott, MariTide, Mario Tama, he's, Eli Lilly drugs, CagriSema, Eli Lilly’s, Brendan McDermid, Boehringer, Ingelheim, survodutide, Pascal Soriot, Christopher Furlong, dealmaking, David Denton Organizations: New, Halstead Pharmacy, Getty, Novo Nordisk, Nordisk's, William Blair & Company, CNBC, Therapeutics, AstraZeneca, Zealand Pharma, MariTide, Reuters, GLP, Pfizer, Eccogene Locations: Chicago , Illinois, Novo, Amgen, Thousand Oaks , California, New York City, U.S, Zealand, Macclesfield
CNN —Capping off a weekend of photo finishes, Kyle Larson won NASCAR’s AdventHealth 400 by a staggering 0.001 seconds in Kansas on Sunday. The RFK team could be seen on the broadcast jubilantly celebrating before the official result was finalized. Eventually, Hendrick Motorsports’ Larson was declared winner in the closest finish in NASCAR Cup Series history, per NASCAR. “I didn’t know if I won or not, I was pumped for the finish,” Larson added as he explained his spotter said it was a second-place finish before celebrating wildly down the radio when he found out Larson had won. I haven’t seen a replay other than just a picture and I sure can’t see it in that picture,” a dejected Buescher told FS1.
Persons: Kyle Larson, NASCAR’s, Mystik Dan, Larson, Chris Buescher, Buescher, ’ Larson, ” Larson, Logan Riely, , , FS1, ” Buescher Organizations: CNN, Kentucky Derby, Roush Fenway, Racing, RFK Racing, RFK, Hendrick, NASCAR Locations: Kansas
CNN —Lando Norris won the first race of his Formula One career, storming to victory at the Miami Grand Prix on Sunday in front of a crowd flooded with celebrities. Sunday’s victory was also McLaren’s first grand prix victory since 2021 – and second in the last 12 years. “He drove perfectly, the car was really fast.”Norris finished 7.61 seconds ahead of second-placed Verstappen to win the 2024 Miami Grand Prix. The F1 season next heads to Italy for the Emilia Romagna Grand Prix with the race weekend starting on May 17. This year’s attendance at the Miami Grand Prix was a sold out 275,000 across the race weekend, according to Formula One.
Persons: CNN — Lando Norris, Max Verstappen, Ferrari’s Charles Leclerc, – Norris, “ I’m, I’ve, ” Norris, , McLaren, Zak Brown, Norris, , ” Brown, Mark Thompson, Verstappen, Brit, , Lando, It’s, it’s, ” Verstappen, Lisa, Blackpink, Tom Brady, Blackpink’s Lisa, Camila Cabello, Ed Sheeran, Anthony Mackie, Patrick Mahomes, Travis Kelce, Odell Beckham Jr, Fred Kerley, Keke Palmer, Daniel Ricciardo, Rudy Carezzevoli, Donald Trump Organizations: CNN, Miami, Prix, McLaren, Sky Sports, Getty, Emilia, Grand Prix, Miami Grand Prix, North, NFL, Miami International, Kansas City Chiefs, Former, Formula One Locations: British, Italy, Grand, North America
He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.
Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, , Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe
Our guide has everything you need about where to watch a free Miami F1 live stream. How to watch free Miami F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Miami live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Miami F1 live stream in the UKWant a free option?
Persons: Verstappen, Leclerc, Sainz, Perez, Norris, we're, Max, we've, you'll, ServusTV, ExpressVPN, it's, Hulu's Organizations: Business, Miami, Ferrari, RTL2, AWST, Miami F1, ESPN, ABC, Miami GP, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Miami, ORF1, Austria, Belgium, Luxembourg, TV's
How Humans Failed Racehorses
  + stars: | 2024-05-05 | by ( Joe Drape | ) www.nytimes.com   time to read: +1 min
It was a welcome conclusion for the multibillion-dollar sport imperiled by frequent racing fatalities, reckless breeding, dodgy doping practices and the old-fashioned greed of veterinarians, trainers and owners. Last year, 12 horses perished at Churchill Downs in the days surrounding the famous race. Two weeks later, a horse trained by one of the sport’s most recognized trainers died at Pimlico Race Course. Ambulances rumbled onto the track, emergency workers erected privacy screens and, behind them, vets euthanized the horses with injections. All of it put the social acceptability of one of America’s oldest sports at risk.
Persons: Dan, Forever Young Organizations: Sierra, Forever, Kentucky Derby Locations: Sierra Leone, Japan, America’s, Churchill, Saratoga, New York
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
Trainer Todd Pletcher watches as Kentucky Derby entrant Fierceness works out on Kentucky Oaks Stakes Day, one day before the 150th running of the Kentucky Derby, at Churchill Downs in Louisville, KY on Friday, May 03, 2024. It's the 150th Kentucky Derby. Wet weather could benefit six horses that have won in the mud or slop before, including early favorites Fierceness and Sierra Leone. The Kentucky Derby winner earns $3.1 million from the record purse of $5 million. Trainer Todd Pletcher, who saddles Fierceness, is in the Kentucky Derby for the 24th year and it never gets old.
Persons: Todd Pletcher, Fierceness, Dan, John Velazquez, Peter Brandt, Larry Demeritte, Demeritte, Young, Wayne Lukas, Frankie Dettori, He's Organizations: Kentucky Derby, Kentucky Oaks, 150th Kentucky Derby, Society, Saratoga Locations: Kentucky, Churchill Downs, Louisville , KY, Churchill, Sierra Leone, Bahamas, Japan, Italian
The Kentucky Derby, the oldest continuously held major sporting event in the United States, is celebrating its 150th anniversary on Saturday with a new $200 million paddock and a host of safety initiatives meant to curb the horse deaths that marred last year’s event. Revelers at Churchill Downs will be wearing colorful hats and sipping $22 mint juleps from souvenir glasses under the twin spires that stand sentry over this cathedral of horse racing. From the first Derby, won by Aristides in 1875, to this year’s race, one constant has remained. When the announcer declares, “And they’re off,” all involved with getting the top 3-year-old thoroughbreds in the country into the starting gate, from the owners to the trainers to the grooms, hold their breath and hope their horse will cross the finish line first.
Persons: Aristides, Organizations: Kentucky Derby, Derby Locations: United States, Churchill
In the world according to Mike Repole, everyone involved in horse racing is a dummy. Except him, Mike from Queens or the Commish, as some of his followers on X call him. Stuart S. Janney III, chairman of the nonprofit Jockey Club, is clueless and tone deaf and has run the sport into the ground, Repole says. Churchill Downs Inc., which hosts the Kentucky Derby, is cheap: The $3 million purse for America’s most famous race should be much more, and the racetrack treats Repole and other owners badly. Forget about John Stewart, a new owner bringing fresh energy and big money into the game.
Persons: Mike Repole, Mike, Stuart S, Janney III, John Stewart Organizations: Jockey Club, Churchill Downs Inc, Kentucky Derby Locations: Queens, Churchill
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