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Read previewNews that Elon Musk met with Donald Trump on Sunday raised the obvious question: Is Trump, who needs money, going to get some from one of the world's richest men? Absolutely not, says Elon Musk on Wednesday:That settles that. Just to be super clear, I am not donating money to either candidate for US President This story is available exclusively to Business Insider subscribers. In 2022, Elon Musk said he was acquiring Twitter shares as a "passive" investor — and then bought the whole company. Or maybe Musk thinks he's crafted a clever tweet about "not donating money to either candidate for US President," and what he really means is he is "not donating RIGHT NOW."
Persons: , Elon Musk, Donald Trump, Trump, he's, Teddy Schleifer, Puck, Schleifer, Vivek Ramaswamy's, Musk, Elon, , doesn't Organizations: Service, Elon, US, Business, Twitter, Trump, Trump PAC, Nope Locations: Silicon Valley
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Haley bet at this point isn't about winning the election 'through normal means': Teddy SchleiferTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss the state of the 2024 race, why Nikki Haley is staying in the 2024 race despite trailing former President Trump, questions surrounding President Biden's age, and more.
Persons: Haley, Teddy Schleifer Teddy Schleifer, Puck, Nikki Haley, Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo Haley supporter honestly thinks she has a strong chance at this point: Puck's Teddy SchleiferTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss the state of the 2024 race, odds of Nikki Haley catching up to Donald Trump in the GOP primary, the fading political influence of Wall Street billionaire donors, and more.
Persons: Haley, Teddy Schleifer Teddy Schleifer, Puck, Nikki Haley, Donald Trump Organizations: GOP, Wall Street
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Bankman-Fried has not mounted a credible defense to date, says Puck's Teddy SchleiferTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss the latest developments in the criminal fraud trial of FTX founder Sam Bankman-Fried, and more.
Persons: Sam Bankman, Fried, Teddy Schleifer Teddy Schleifer, Puck
Tech investor Peter Thiel had a heated phone call in recent months with Donald Trump, Puck reported. Thiel's public support for Trump wavered in recent years, and apparently, Trump noticed. Apparently, Trump was "fuming" because the former president had supported Thiel-backed candidates like J.D. Thiel even left Facebook's board of directors to give his full attention to supporting Republican candidates, including mentees J.D. A year later, however, Peter Thiel took a step back from politics and no longer planned to support candidates in 2024.
Persons: Peter Thiel, Donald Trump, Puck, Thiel, Trump, , Puck's Theodore Schleifer, Vance, Blake Masters, wouldn't, mentees J.D, Thiel's, Masters, Kari Lake Organizations: Republican National Convention, Trump, Service, Republican, PayPal, Facebook, RNC, Wall Street, Thiel, Kyrsten, Arizona, The New York Times Locations: Arizona
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm a buyer on X's relevance in the 2024 presidential election, says Puck's Teddy SchleiferTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss the lifting of political ad ban on X, formerly known as Twitter, reversing a previous ban that had been in place since 2019, the social media platform's influence on the 2024 presidential election, and more.
Persons: Teddy Schleifer Teddy Schleifer, Puck
Regeneron Pharmaceuticals (REGN) rose Monday after the Food and Drug Administration approved a higher-dose formulation of Eylea, the company's macular degeneration treatment. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. CNBC's Jim Cramer said on "Squawk on the Street" that Regeneron is one of his favorite health-care names, describing Eylea as "a remarkable drug for macular degeneration." "I think being up [11 points] is not enough," Jim said as shares traded $11 higher. The CNBC Investing Club with Jim Cramer doesn't own Regeneron.
Persons: Jim Cramer's, CNBC's Jim Cramer, Leonard Schleifer's, Jim, Jim Cramer doesn't, Eli Lilly Organizations: Regeneron Pharmaceuticals, Food and Drug Administration, CNBC
Super PAC race: Which candidates are bringing in the most money?
  + stars: | 2023-07-31 | 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 EmailSuper PAC race: Which candidates are bringing in the most money? Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Teddy Schleifer, Puck News, joins the show to discuss super PAC spending.
Persons: Brian Sullivan, , Teddy Schleifer Organizations: CNBC, Puck
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTX hearing fallout: Attorneys says FTX has recovered more than $7.3 billionHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Teddy Schleifer, Puck News founding partner, joins the show to discuss the latest details about the FTX legal fallout.
Regeneron’s drug Eylea is used to treat retinal diseases. Leonard Schleifer , the longtime Regeneron boss, likes to point out that, unlike many giant drug companies gaming the healthcare system with all kinds of gimmicks, his biotech focuses on true innovation. The Tarrytown, N.Y.-based company has certainly developed therapies that have made a difference for patients suffering from difficult-to-treat illnesses. More recently, it was catapulted into the national spotlight during the pandemic thanks to its monoclonal antibody infusion for Covid-19.
Sam Bankman-Fried's parents lease the land for their home from Stanford, the LA Times reports. They'd put up the $4 million home as collateral for the former FTX CEO's $250 million bail release. Bail terms are about flight-risk rather than if collateral can cover the full amount, legal experts said. The revelation once again prompts questions about how and why courts set bail terms, which are meant to ensure that a defendant doesn't flee while awaiting trial. Prosecutors are now also arguing that Bankman-Fried's bail restrictions must go further, and impose limits on whom he communicates with and how.
Sam Bankman-Fried's lawyer said the ex-crypto mogul and his parents had been subjected to harassment and threats. This includes a recent "security incident" at his parents' Bay Area home, the lawyer said. "Recently, the Bankman-Frieds had a security incident at their home when a black car drove into the metal barricade set up outside their home," Everdell wrote. "This incident underscores the risk to the Bankman-Frieds' privacy and security," he said. In a filing from January 3, attorney Mark Cohen had said that Bankman-Fried's parents "have become the target of intense media scrutiny, harassment, and threats."
Sam Bankman-Fried said a citizen vigilante was stopped by security guards, per an interview in Puck. Bankman-Fried said people wanted to come to his parent's house and make a "citizen's arrest." Bankman-Fried told Teddy Schleifer, a reporter from Puck, that some people claimed they wanted to come to the house and make a citizen's arrest. As part of his bail terms, he is required to stay at his parent's house while he awaits trial. He told Schleifer he had not spoken to his ex-girlfriend, Caroline Ellison, or FTX co-founder Gary Wang.
Sam Bankman-Fried speaks out from house arrest in Palo Alto home
  + stars: | 2023-01-11 | 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 EmailSam Bankman-Fried speaks out from house arrest in Palo Alto homeTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss Schleifer's impressions after a conversation with SBF in his Palo Alto home, why SBF has been more willing to speak to the press and more.
Regeneron CEO on the prospects for its eye drug Eylea
  + stars: | 2023-01-10 | 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 EmailRegeneron CEO on the prospects for its eye drug EyleaCNBC's Meg Tirrell sits down with Regeneron CEO Len Schleifer to discuss the company's future, next-gen COVID antibody drug, and more.
Discovery — Shares of the media company jumped more than 6% after Bank of America added the stock to the "US1" list. Coinbase — Shares jumped almost 6% after the cryptocurrency exchange shared plans to trim its workforce by 20%. Bed Bath & Beyond — The retailer jumped nearly 19%. Frontline — Shares of the shipping company jumped 26% after Frontline announced that it was terminating a deal to combine with Euronav. Agilent Technologies — Shares rose more than 4% a day after the company announced a $2 billion share repurchase program.
Musk tweeted Wednesday FTX would still be ok if SBF was as good at leadership as at 'bribing media'. He was responding to a tweet which questioned whether SBF will continue to fund certain media outlets. Musk has been hitting out at the media after reports surfaced SBF may still own a stake in Twitter — which Musk robustly denied. He seemed to be referring to FTX investing in media outlets during the three years that Bankman-Fried, or SBF, was CEO. SBF/FTX do not own shares in Twitter," Musk tweeted Wednesday.
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