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☆ Bob Menendez: Here’s what prosecutors say bought off a US senator
▼ + stars: | 2024-05-12 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

Here’s what prosecutors say the senator and his wife got:Gold barsProsecutors say Hana and Daibes gave Menendez and his wife gold bars, which were seized by the FBI from the Menendez residence. After returning from a trip to Egypt and getting a ride home from the airport from Daibes’ driver, prosecutors say Menendez searched online for the price of a gold bar. Nadine Menendez needed a new car, apparently after hitting and killing a jaywalker in Bogota, New Jersey, in December 2018. There is a long list of actions prosecutors say Menendez undertook in exchange for all of these alleged bribes. The envelopes of cash prosecutors say bore Daibes’ fingerprints may be more difficult to explain.

Persons: CNN — Democratic Sen, Bob Menendez, Mercedes, Menendez, CNN’s Manu Raju, “, ”, Nadine, Wael Hana, Fred Daibes, Jose Uribe, Daibes, Nadine Menendez’s, Nadine Menendez, Uribe, Hana, –, …, Qataris, retry Menendez, Salomon Melgen, Melgen, Donald Trump Organizations: CNN — Democratic, Bob Menendez of New, Senate Foreign Relations Committee, Capitol, FBI, Court Southern District of, Prosecutors, Court Southern District of New York Prosecutors, Court Southern District of New York, Menendez, Uribe, Mercedes, Benz, Senate Foreign Relations, US Department of Agriculture, New York, of Justice Locations: Bob Menendez of, Bob Menendez of New Jersey, Egypt, Qatar, New Jersey, Daibes, Court Southern District of New York, Bogota , New Jersey, New

☆ Buffett disciple Bill Stone shares key lessons he's learned after going to 20 annual meetings
▼ + stars: | 2024-05-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Bill Stone, chief investment officer at Glenview Trust, has attended 20 Berkshire Hathaway annual shareholder meetings in Omaha, Nebraska. A longtime Warren Buffett disciple and a Berkshire shareholder since 1999, Stone's own investing style has been inspired by the "Oracle of Omaha" — a value-oriented approach with an emphasis on the so-called margin of safety. "You look at stocks, not as pieces of paper, but as businesses," he said in CNBC's latest Pro Talks . Can I possibly forecast that they'll continue to earn these profits?" Ahead of this year's "Woodstock for Capitalists" Saturday, Stone shared what he's learned from Buffett's investing philosophy and what he expects from the annual meeting without the late Charlie Munger.

Persons: Bill Stone, Warren Buffett, Stone, he's, Charlie Munger, Charlie Munger . Stone, Dominic Chu, Yun Li, Salomon Brothers Buffett Organizations: Glenview Trust, Berkshire Hathaway, Charlie Munger ., CNBC's Locations: Glenview, Omaha , Nebraska, Berkshire, Omaha, Woodstock

☆ Michael Bloomberg is worth an estimated $106 billion — but you won't find him on the Bloomberg rich list
▼ + stars: | 2024-04-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewThe release of Forbes' annual rundown of the world's billionaires has underlined a glaring omission from the Bloomberg Billionaires Index: Michael Bloomberg himself. Forbes ranked the 82-year-old Bloomberg LP founder in 12th place with an estimated $106 billion fortune as of March 8. Based on Forbes' wealth estimate, Bloomberg would be in joint 12th position with Michael Dell (also $106 billion) as of Thursday. Related storiesThe Bloomberg Index's methodology explains why the boss is missing: "Bloomberg News editorial policy is to not cover Bloomberg LP. As a result, Michael Bloomberg, the founder and majority owner of Bloomberg LP, isn't considered for this ranking."

Persons: —, Michael Bloomberg, Sergey Brin, Amancio Ortega, Carlos Slim Helu, Michael Dell, isn't, Forbes, Jensen Huang, Salomon Brothers, He's Organizations: Service, Forbes, Bloomberg, Business, Nvidia, Waltons, CVS Health, GM, New York City's Locations: Inditex, New York

☆ 'Really, really cheap': Pros name 4 under-the-radar stocks to play a China turnaround
▼ + stars: | 2024-03-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Declining foreign investment and a prolonged property slump are just some of the issues that have put pressure on the Chinese economy — and stock market. We're still relatively underweight China, but we've been reducing that underweight [as] some of the stocks there have become really, really cheap." China Market Research Group's Shaun Rein agrees. "If you're a multinational, if you're looking to drive growth over the next three to five years, the next China is China. Shares in Fufeng are held in the iShares MSCI China Small-Cap ETF , while Xinyi Glass shares are held in the Franklin FTSE Hong Kong ETF and SPDR S & P China ETF .

Persons: Kamil Dimmich, CNBC's, we've, Shaun Rein, it's, Salomon, Arc'teryx, Dimmich Organizations: Shanghai, South Capital, Research, Amer Sports, New York Stock Exchange, Stock, Fufeng Group, Ford, General Motors, Hong Kong Stock Exchange, Xinyi, Franklin FTSE, Franklin FTSE Hong Kong ETF Locations: China, It's, India, Vietnam, Franklin FTSE Hong

☆ Amer Sports losses narrow as China sales fuel holiday-quarter revenue growth
▼ + stars: | 2024-03-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

In fiscal 2023, the company lost $208.8 million, but its losses narrowed from $230.9 million in fiscal 2022. Between 2020 and 2022, Amer grew sales in the region from 8.3% of total revenue to 14.8%. Sales in Greater China jumped by 45% and all three of the company's segments saw "solid growth." In 2023, sales in Europe, the Middle East and Africa represented about 33% of total revenue, down from 36% in 2022. North America made up about 39.5% of sales in 2023, down from 42.4% of sales in 2022.

Persons: Wilson, Amer, Salomon, Sellers, China's, Amer's, James Zheng, Zheng, it's Organizations: Amer Sports, New York Stock Exchange, Lousiville Slugger, CNBC, Wall, FountainVest Partners, Anamered Investments, Revenue Locations: Amer, New York City, U.S, China, Wilson, Louisville, Helsinki, Finnish, Greater China, Asia, Europe, East, Africa, North America, APAC

☆ How Victoria Beckham fell for Paris
▼ + stars: | 2024-03-04 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +5 min

Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Paris CNN —Unscathed by the PETA protesters who disrupted her show, Victoria Beckham closed out the fifth day of Paris Fashion Week at the lavish Salomon de Rothschild Hotel on Friday night. At Carven, Louise Trotter, former creative director for Lacoste, presented her first collection for the French heritage house. Off-White creative director Ibrahim Kamara after the presentation of his debut collection for the brand. (British fashion houses including Vivienne Westwood and Paul Smith also relocated to Paris at different stages of their careers.)

Persons: Victoria Beckham, Salomon de Rothschild, Simon Porte Jacquemus, Anna Wintour, Carine Roitfeld, Louise Trotter, Lacoste, Saint Martins, Seán McGirr, Alexander McQueen, Sarah Burton, Ibrahim Kamara, Virgil Abloh’s, Kristy Sparow, Nina Ricci, Harris Reed —, —, ”, … I’ve, Karl Lagerfeld, Yohji Yamamoto, Charles Worth, “, Harris Reed, Victor Virgile, Stella McCartney, Chloé, Lagerfeld, John Galliano, Dior, Phoebe Philo, Kim Jones, Louis Vuitton, Vivienne Westwood, Paul Smith, Serge Carreira, ” Carreira, Yanshan Zhang, Melody Thomas, Parsons Organizations: CNN, Paris, Paris CNN, PETA, French Vogue, Saint, Givenchy, Louis, Dior, Haute Couture, Fashion, Parsons Paris Locations: Paris, French, British, Carven, Central, London, Great Britain, Europe

☆ Wall Street analysts come out very bullish on this recent sporting goods IPO
▼ + stars: | 2024-02-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Roach is even more bullish than many on Wall Street with a price target of $21 per share. Like many peers on the Street, she sees the company getting a boost from market share growth and an expansion of direct-to-consumer. Multiple analysts deemed Arc'teryx the "crown jewel' of Amer's portfolio. Though Arc'teryx provides a key reason for bullishness, analysts also have their eyes on other well-known brands in the portfolio. "But, the business faces an uncertain 1H24 wholesale backdrop, & comes with single-segment growth & profitability expansion reliance, multi-brand portfolio volatility risk, & high relative leverage levels."

Persons: Wilson, Arc'teryx, FactSet, Goldman Sachs, Brooke Roach, Roach, She's, Amer, Lorraine Hutchinson, Matthew Boss, Paul Lejuez, Salomon, Baird, Jonathan Komp, Amer's, Jay Sole, Morgan Stanley, Alex Straton, Straton Organizations: Amer, New York Stock Exchange, DTC, Bank of America, Amer Sports, Citi, UBS Locations: China

☆ Warren Buffett honors Charlie Munger in annual note, Berkshire reports record cash pile
▼ + stars: | 2024-02-24 | by ( Nicole Goodkind | Eva Rothenberg | ) edition.cnn.com time to read: +11 min

Courtesy of Susie Buffett Buffett teaches a class at the University of Nebraska-Omaha. Courtesy of Susie Buffett Buffett married his first wife, Susan, in 1952. Courtesy of Susie Buffett Buffett and his wife pose at the beach with their three children. Courtesy of Susie Buffett Buffett poses for a photo in 1980. Nati Harnik/AP Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are seen on a giant screen during the Berkshire Hathaway shareholders meeting in 2013.

Persons: Warren Buffett’s, Charlie Munger, Buffett, Munger, ”, Charlie, Berkshire Hathaway, “ Charlie, Munger’s, Greg Abel, Abel, Berkshire’s, Greg, ” Buffett, “ Greg, Berkshire Berkshire Hathaway, Warren Buffett, Nati, Laila, Howard Buffett, Howard, Susie Buffett, Ernest, Susie Buffett Laila Buffett, Warren, Doris, Susie Buffett Warren Buffett, Susie Buffett Buffett, Susan, Peter, Lee Balterman, Salomon, Marcy Nighswander, AP Buffett, Buffett's, Mark Peterson, Curt Hudson, Arnold Schwarzenegger, Kathy Willens, Chris Machian, Dave Weaver, Michael Israel, John Sleezer, Bill Gates, Mario Tama, Barack Obama, Obama, doggedly, isn't, Jim Watson, Daniel Acker, Harry Benson, Getty Images Buffett, Astrid, David Cameron, Brendan Hoffman, Kristoffer Tripplaar, Alamy Buffett, Scott Eells, Chris, Franklin, Ndamukong Suh, Scott Olson, Huang Jihui, Jason Miller, Adam Jeffery, Hillary Clinton, Kempin, Forbes, Andy Kropa, Scott Morgan, Reuters Buffett, Andrew Harrer, Apple Berkshire Hathaway Organizations: New, New York CNN, Berkshire Hathaway, Investors, Oracle, “, Berkshire, Berkshire Berkshire, University of Nebraska -, Getty, Federal Reserve, AP, Omaha for Berkshire, Bloomberg, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Kansas City Star, Girl Scouts, Buffett, Microsoft, Getty Images, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Cleveland Cavaliers, Moon, NBA, CNBC, Reuters, Apple Berkshire, Apple, Securities and Exchange Commission, HP, Paramount Locations: New York, Omaha, “ Berkshire, Berkshire, The Omaha , Nebraska, Omaha , Nebraska, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, AFP, Washington , DC, Illinois, Sun Valley , Idaho

☆ IPO watchers are pinning hopes for recovery on a strong stock market and the AI boom
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

Yet the main IPO ETF, the Renaissance Capital IPO ETF ( IPO ), has been for sale most of the month. "For the IPO market to open up, it would help not to have our IPO ETF down 9%," he said. Forge Global maintains a Private Market Index , a measure of 75 late-stage pre-IPO companies. "This tells you valuations are getting reset in the private market," Ng told me. Can AI save the IPO market?

Persons: Matt Kennedy, Homebuilder Smith Douglas, Don Short, Salomon, Wilson, Howe Ng, Ng, Del, Waystar, Kim Kardashian's, Short, Vincent Harrison Organizations: Renaissance Capital, Nasdaq, Amer Sports, Arc'teryx, Forge, SEC, Companies, Reuters, Auto, Turo, CNBC, Microsoft, Gaming, SpaceX, Forge Global Locations: Kazakhstan, IPOs, Pitchbook

☆ Warren Buffett's secret investment sauce shows up in little-known holdings — a Nebraska farm and NYC property
▼ + stars: | 2024-01-21 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

The farm cost Buffett $280,000, a bargain after the 1980s bubble in farm prices burst, leaving many Iowa and Nebraska banks saddled with sour loans. NYU retail The second investment Buffett discussed was a New York retail property that he co-purchased in 1993 through an introduction by Larry Silverstein, Salomon Brothers' landlord when Buffett briefly stepped in as the investment bank's CEO. "If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on." Key to investing Through telling stories of such specific assets, the legendary investor taught his followers that what matters the most to any investment is its future earnings. If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on," Buffett said.

Persons: Warren Buffett, Buffett, Berkshire Hathaway, Larry Silverstein, Salomon Brothers, Benjamin Graham, Charlie Munger Organizations: Apple, New York University, Federal Deposit Insurance Corporation, Buffett, NYU, NYU wasn't, Columbia University Locations: Nebraska, New, Manhattan, Omaha, Iowa, New York

☆ Dr. Trisha Bailey is the richest Jamaican-born woman. She overcame a lot to get here
▼ + stars: | 2023-11-25 | by ( Jamisha Smith | ) www.businessinsider.com time to read: +6 min

Entrepreneur Dr. Trisha Bailey says despite a youth marked by trauma and poverty, she wouldn't change a single thing about her life. Dr. Bailey was recovering from a suicide attempt when she founded Bailey Medical Equipment & Supply and Pharmacy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay was based on a conversation with Dr. Trisha Bailey, a billionaire who became the richest woman born in Jamaica. Dr. Trisha Bailey is an entrepreneur who has become the richest Jamaican-born woman.

Persons: Trisha Bailey, Bailey, —, Salomon Smith Barney, Morgan Stanley, Shotby3DPhotography, Oprah Winfrey Organizations: Bailey, & Supply, Pharmacy, Service, University of Connecticut, UCONN, Bailey's, Atlanta Hawks, Charlotte Hornets, Phoenix Suns Locations: Jamaica, Connecticut, America, Florida, United States

☆ 180 Best Black Friday Deals 2023
▼ + stars: | 2023-11-22 | by ( Bellamy Richardson | ) www.wsj.com time to read: +6 min

Our list of the best deals live now features products we’ve tested or otherwise recommended. Plus, check out great deals on products that made our lists of the best wireless earbuds and best portable speakers. For even more apparel discounts, check out our list of the best Black Friday clothing and shoe deals. For more great electronics buys, see our best Black Friday tech and Apple deals. For more great deals on fitness trackers, exercise apparel and more, check out our list of the best Black Friday fitness deals.

Persons: Bellamy Richardson It’s, you’ve, Salomon, don’t, Neocutis Organizations: Black, Dyson, Cozy, Tech, Apple, Skinstore Locations: Wayfair, Brooklinen

☆ 174 Best Black Friday Deals 2023
▼ + stars: | 2023-11-22 | by ( Bellamy Richardson | ) www.wsj.com time to read: +6 min

Our list of the best deals live now features products we’ve tested or otherwise recommended. For even more apparel discounts, check out our list of the best Black Friday clothing and shoe deals. Make sure to check out our list of the best vacuum deals this Black Friday for more savings. For more great electronics buys, see our best Black Friday tech and Apple deals. For more great deals on fitness trackers, exercise apparel and more, check out our list of the best Black Friday fitness deals.

Persons: Bellamy Richardson It’s, you’ve, Salomon, don’t, Neocutis Organizations: Black, Dyson, Cozy, Tech, Apple, Skinstore Locations: Brooklinen

A Saudi man's reflection is seen in mirror glass at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy, World Bank President Ajay Banga said. The conflict could upset the stability of the Middle East just as regional powerhouse Saudi Arabia pours hundreds of billions of dollars into a vast economic transformation plan. Saudi Arabia is putting U.S.-backed plans to normalise ties with Israel on ice, two sources familiar with Riyadh's thinking said, signalling a rapid rethinking of its foreign policy priorities as war rages between Israel and Hamas. The last year has seen Saudi Arabia spend billions on companies, from sports to gaming to aviation.

Persons: Ahmed Yosri, Ajay Banga, Banga, Laurence Fink, Fink, Goldman Sachs, David Solomon, JPMorgan's, Jamie Dimon, Jane Fraser, Ray Dalio, Dalio, Noel Quinn, Bill Winters, Barack Obama, Yasser al, Salomon, Hess, Stephen Schwarzman, Schwarzman, Prince Mohammed bin Salman, Joe Biden's, Richard Attias, Rosario, Amanda Cooper, Alun John, Michael Georgy, Anousha, John O'Donnell, Susan Fenton Organizations: Future Investment Initiative, REUTERS, Rights, Saudi Arabia's, Hamas, BlackRock, Bridgewater Associates, HSBC, Former U.S, U.S, Saudi Telecom Corp, Telefonica, Investment Fund, Chevron, Blackstone Group, Investment Initiative, Saudi, FII, Reuters, Jorgelina, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, Israel, Davos, Swiss, Gaza, Europe, Asia, London

When she heard about the U.S. government’s plan to restart deportation flights to Venezuela in the coming days, Carrillo said it was discouraging. One migrates because you have basic needs and there isn’t support in your native country,” she said, starting to cry. But now the administration has decided Venezuela is not bad enough to keep them from deporting migrants back there. She said Venezuelans are fleeing their country out of desperation and will continue to come. If deported, “I would do it (migrate) again to work and to get my family ahead.”___Salomon reported from Miami.

Persons: LAJAS, Annie Carrillo, Carrillo, Biden, U.S . Department of Homeland Security’s, ” Blas Núñez, Neto, Carrillo hadn’t, ” Carrillo, Patricia Andrade, ” Andrade, ”, Andrade, Jhonny Zambrano, ” Zambrano, “, ” ___ Salomon Organizations: —, United, U.S . Department of Homeland, U.S . Border Patrol, CBP, Venezuelan Locations: LAJAS BLANCAS, Panama, Darien, Costa Rica, Colombian, Colombia, Venezuela, U.S, United States, Latin America, Haiti, Cuba, Mexico, Honduras, Guatemala, Mexican, Oaxaca, Núñez, Miami, Lajas Blancas

[1/2] A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, U.S., March 18, 2019. Nike has also experienced competition from other sneaker brands, including Deckers' (DECK.N) Hoka, On Running (ONON.N) and French-owned sports retailer Salomon, as shoppers gravitate toward "performance" shoes. Nike CEO John Donahoe said the company would turn its attention to "prioritizing the everyday runner" and connecting with shoppers in more channels, including specialty running stores. The company posted total revenue of $12.94 billion in the quarter, missing analysts' estimates of $12.98 billion. Nike reported a profit of $1.45 billion, or 94 cents per share, beating estimates of 75 cents per share.

Persons: Charles, Brian Snyder, Matthew Friend, Friend, Jordan, Salomon, Dylan Dittrich, John Donahoe, David Swartz, Deborah Sophia, Katherine Masters, Shounak Dasgupta, Jamie Freed Organizations: Nike, REUTERS, Air, Jordan, Insights, Morningstar, Thomson Locations: Cambridge , Massachusetts, U.S, Kobe, Bengaluru, New York

☆ Nike Air Jordans are losing resale value. Is sneaker culture moving on?
▼ + stars: | 2023-09-27 | by ( Katherine Masters | ) www.reuters.com time to read: +5 min

The famous Nike swoosh and Air Jordan logo is seen on an Air Jordan 1, called "Notorious" released from 1984-1985, during a preview for "The Rise of the Sneaker Culture" exhibit at the Brooklyn Museum in the Brooklyn borough of New York, July 8, 2015. Some investors are concerned the Jordan brand, a major source of sales for Nike, may be "losing steam," Bernstein analysts said on Sunday. The company does not report what percent of its total revenues come from the Jordan brand. Sales of performance shoes from Nike's Jordan brand have also outpaced retro styles, which include Air Jordan 1 high-tops, Donahoe said in June. Donahoe told investors in June that the company had "reset" its running business, highlighting updates to existing styles including its Infinity road running shoes and Pegasus trail running shoes.

Persons: Brendan McDermid, Altan, Jordan, Bernstein, John Donahoe, Salomon, Donahoe, Altan's, Dylan Dittrich, Jessica Ramirez, Jane Hali, Katherine Masters, Deborah Sophia, Josie Kao, Shweta Agarwal Organizations: Nike, Air, Brooklyn Museum, REUTERS, Altan Insights, Nike's Air, Air Jordan, Reuters Graphics, Barclays, Associates, Thomson Locations: Air Jordan, Brooklyn, New York, North America, Jordan, American, U.S, Bengaluru

“For years, forces behind the scenes have repeatedly attempted to silence my voice and dig my political grave,” Menendez said in a statement. It's a sign, those who know Menendez said, that he won't be going anywhere without a fight, for now. His own biography touts the fact that he wanted to fight corruption early in his political career, testifying against Union City officials and building a reputation as tough. Menendez was appointed to be a U.S. senator in 2006 when the seat opened up after incumbent Jon Corzine became governor. The couple began dating in 2018 and got engaged in 2019 after meeting at an IHOP in Union City, a frequent haunt of Menendez’s.

Persons: — Sen, Bob Menendez's, Menendez, “, ” Menendez, “ Sen, what’s, I’ve, Steve Sweeney, ’ It’s, —, Jon Corzine, hasn't, Bob Menendez, ”, Benjamin Dworkin, Nadine, Alicia Menendez, Rob Menendez, Biden, Loretta Weinberg, he's, Dr, Salomon Melgen, wasn't, He's, Philip R, Sellinger Organizations: Democratic, Union City, U.S . House, Foreign Relations, Republican Party, “, Rowan Institute for Public Policy, Citizenship, Republicans, New Locations: TRENTON, N.J, Union City , New Jersey, U.S, Union City, New Jersey, Florida, Dominican Republic, Egypt

CNN —New Jersey Democratic Sen. Bob Menendez was charged on Friday with corruption-related offenses for the second time in 10 years. Menendez and his wife, Nadine Arslanian Menendez, are accused of accepting “hundreds of thousands of dollars in bribes” in exchange for the senator’s influence, according to the newly unsealed federal indictment. This is the second set of corruption charges levied against Menendez by the Justice Department in a decade. Beginning in April, his wife sold gold bars worth as much as $400,000, according to the senator’s most recent financial disclosure form. Sen. Bob Menendez, his wife Nadine and Jose Uribe pictured in the indictment released Friday.

Persons: New Jersey Democratic Sen, Bob Menendez, Menendez, Nadine Arslanian Menendez, Cash, ”, ” Menendez, Nadine, Wael Hana, Jose Uribe, Fred Daibes, Hana, Sen, MENENDEZ, Menendez ’, Jose, Uribe, Prosecutors, Salomon Melgen, Melgen, Donald Trump Organizations: CNN, New, New Jersey Democratic, Prosecutors, Justice Department, Senate Democratic, Foreign Relations, Court Southern District of, Department of Agriculture, of Agriculture, Agriculture Department, EG, Hyatt, Court Southern District of New, The Justice Department, “ Locations: New Jersey, Court Southern District of New York, Jersey, Egypt, Washington, Paris

Menendez serves as the powerful chairman of the Senate Foreign Relations Committee. And as chairman, he had unique influence over foreign military sales and foreign military financing. The State Department typically seeks the input of the chairperson and top minority senator on the Foreign Relations panel when it comes to foreign military financing and foreign military sales, and the department generally will not go forward if one of the two senators objects. Hana is a friend of Nadine Menendez and the Egyptian-American founder of a business that certifies beef imported into Egypt meets Islamic religious standards. “Congratulations mon amour de la vie, we are the proud owners of a 2019 Mercedes,” Nadine Menendez texted her husband, along with a heart emoji.

Persons: — Democratic U.S . Sen, Bob Menendez, Egypt —, Menendez, ”, Nadine, “, Prosecutors, Nadine Arslania, David Schertler, Wael Hana, Jose Uribe, Fred Daibes, Nadine Menendez, He's, Hana, Uribe, ” Nadine Menendez, Hana's, Salomon Melgen, Melgen, Donald Trump, Chuck Schumer, Sen, Ben Cardin, Schumer, Phil Murphy Organizations: WASHINGTON, — Democratic U.S ., Senate Foreign Relations, U.S, Embassy, The State Department, Foreign Relations, U.S . House, Strategic International Business Consultants LLC, -, New, Daibes, Senate, New Jersey voters, Republican, NEXT, Democratic, While New, While New Jersey Gov Locations: Egypt, New Jersey, Jersey, U.S, Cairo, Union City , New Jersey, Edgewater , New Jersey, Florida, Dominican Republic, Paris, Washington, D, While, While New Jersey

Danil Shamkin | Nurphoto | Getty ImagesU.S. Sen. Bob Menendez of New Jersey and his wife were indicted in New York on federal bribery charges for accepting cash, gold bars, home mortgage payments and more as part of "corrupt relationship" with three businessmen from their home state. "This investigation is very much ongoing," said Manhattan U.S. Attorney Damian Williams at a press conference on the indictment of the senator and his wife, Nadine Menendez. Source: SDNYThis is the second time Menendez has been indicted on federal bribery charges. U.S. Senate Foreign Relations Committee Chairman Bob Menendez, D-N.J., and his wife, Nadine Arslanian, arrive for a reception honoring Greek Prime Minister Kyriakos Mitsotakis and his wife, Mareva Mitsotakis, in the East Room of the White House in Washington, D.C., May 16, 2022. Those efforts allegedly included the senator recommending to Biden that he nominate a candidate for U.S. Attorney for New Jersey "who Menendez believed could be influenced by Menendez with respect to Daibes's case," the indictment charges.

Persons: Sen, Robert Menendez, Nikos Christodoulides, Danil, . Sen, Bob Menendez, Menendez, Joe Biden, Damian Williams, Nadine Menendez, Bob Menendez's, Wael Hana, Jose Uribe, Fred Daibes, Nadine, NADINE MENENDEZ’s, Salomon Melgen, Melgen, Nadine Arslanian, Kyriakos Mitsotakis, Mareva Mitsotakis, Chip Somodevilla, Hana, Uribe, Biden, Phillip Sellinger, Sellinger, David Schertler, Ms, Daibes, Nadine Menendez's Organizations: Nurphoto, Getty, ., Bob Menendez of New, Government, U.S Department of Agriculture, Democratic, Attorney, Manhattan U.S, Foreign, NBC News, U.S, Senate Foreign Relations, Greek, White, Washington , D.C, WNBC Locations: Republic of Cyprus, Nicosia, Cyprus, Bob Menendez of, Bob Menendez of New Jersey, New York, Egypt, New Jersey, Manhattan, Florida, Washington ,

☆ Fact Check-Inaccurate WEF Founder Klaus Schwab family tree shared online
▼ + stars: | 2023-09-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

A photo that claims to depict the family tree of World Economic Forum (WEF) Founder Klaus Schwab includes multiple inaccuracies. Posts online are taking it as evidence he is related to the Rothschild banking dynasty on his mother’s side. The same image of the family tree appeared online as early as July 2021 in a conspiracy thread on Reddit (here). KLAUS SCHWAB PARENTSThe family tree notes an accurate birth year for Klaus Schwab, but the names of his parents are incorrect. The photo shared on social media includes multiple inaccuracies to falsely link Klaus Schwab to the Rothschild banking dynasty.

Persons: Klaus Schwab, Rothschild, Mayer Amschel Rothschild, Schwab, KLAUS SCHWAB, Eugen Wilhelm Schwab, Erika Epprecht, Yann Zopf, “, ”, FRED, MARIANNE SCHWAB, Marianne Schwab, Marianne Rothschild, Marianne, Klaus, nee Rothschild, Louis, Melanie Rothschild, Fred Schwab, Leslie, Madeleine, Fred, Marianne’s, LOUIS ROTHSCHILD, Marianne Schwab’s, Louis Rothschild, Louis Nathaniel von Rothschild, Countess Hildegard Johanna Caroline Marie Auersperg, Louis Nathaniel’s, Salomon Albert Anselm von Rothschild, Bettina Caroline de Rothschild, Moritz, Emma Rothschild, Spokespeople, Read Organizations: Economic, Facebook, Zekelman Holocaust, Jewish, Rothschild, Getty, Reuters Locations: Ravensburg, Germany, Frankfurt, England, United States

☆ Laszlo Birinyi, Leading Stock Picker and Market Forecaster, Dies at 79
▼ + stars: | 2023-08-30 | by ( Alex Traub | More About Alex Traub | ) www.nytimes.com time to read: +1 min

His wife, Jill Costelloe Birinyi, said the cause was chronic heart failure. Mr. Birinyi (pronounced BUH-ree-nee), a former equities analyst at Salomon Brothers who founded his own money management firm in Westport, Conn., argued that the market had not only a history but also a “psychology,” and he used this insight as the basis for his market predictions. The public began to sense that Mr. Birinyi was onto something in the 1990s. As a frequent guest of “Wall Street Week,” a popular show on PBS (and, briefly, CNBC) hosted by Louis Rukeyser, Mr. Birinyi again and again won an annual stock-picking competition among panelists. From 1993 to 1998, his average annual return was 44 percent, against a 19.8 percent average annual rise by the Dow Jones industrials.

Persons: Laszlo Birinyi, “, ”, Jill Costelloe Birinyi, Birinyi, Salomon, Louis Rukeyser, Dow Jones industrials Organizations: Salomon Brothers, PBS, CNBC, Dow Locations: Southport, Conn, Westport

CNN —At least 16 people have been killed and 36 more injured following a bus crash Tuesday on central Mexico’s Cuacnopalan-Oaxaca highway, according to officials. The bus, which was carrying locals and migrants, collided with a trailer truck on the highway near the border between the states of Oaxaca and Puebla, Oaxaca’s Prosecutor’s Office said in a statement. The injured were transferred to hospitals in Puebla for medical attention. The reason for the collision is unknown, but the prosecutor’s office has said they will conduct an expert-led investigation to uncover what events unfolded that led up to the crash and determine if anyone should be held liable. “I have instructed the heads of the relevant authorities to collaborate and support the injured people,” the governor of Oaxaca, Salomón Jara Cruz, said on X, formally known as Twitter.

Persons: Salomón Jara Cruz, “ Organizations: CNN Locations: Mexico’s, Oaxaca, Puebla, Oaxaca’s

☆ Economist discusses Rhine water level forecasts
▼ + stars: | 2023-08-14 | 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 EmailEconomist discusses Rhine water level forecastsSalomon Fiedler, economist at Berenberg, says 2023 is shaping up not to be "that bad" a year for the Rhine.

Persons: Salomon Fiedler Organizations: Economist

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