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☆ Druckenmiller says he bought five Argentinian stocks, praises Javier Milei's policies
▼ + stars: | 2024-05-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

"The only free market leader in the world right now, bizarrely, is in Argentina of all places," Druckenmiller said. Milei took office in December, promising economic reforms after Argentina was hit hard by inflation. I bought all of them, we did some work on them, I increased my positions," Druckenmiller said. ARGT 1D mountain The Global X MSCI Argentina ETF rose on Tuesday morning. The Global X MSCI Argentina ETF (ARGT) , which includes many of the stocks listed above, rose more than 1% in premarket trading Tuesday.

Persons: Stanley Druckenmiller, Druckenmiller, Javier Milei, Milei, Soros, Duquesne, it's Organizations: Economic, Duquesne Family, Grupo, Arcos, Banco BBVA Argentina, Mercadolibre, Grupo Financiero Galicia, Banco Locations: Argentina, Davos, U.S, Americas

☆ Biden fund gets big donation from son of Republican megadonor Larry Ellison
▼ + stars: | 2024-04-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on January 07, 2024 in Beverly Hills, California. David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the re-election efforts of President Joe Biden, putting him among the top recent donors to the incumbent Democrat. David Ellison's donation is the largest recorded contribution that the Skydance Media CEO ever made to a federal candidate, according to Federal Election Commission records. David Ellison's donation comes as his father, Larry Ellison, the chairman of Oracle, has kept his wallet firmly shut this election cycle. Larry Ellison donated more than $31 million to Republican candidates during the 2022 congressional midterms, according to data from OpenSecrets.

Persons: David Ellison, The Beverly Hilton, Larry Ellison, Joe Biden, David Ellison's, George Conway, Donald Trump, Dustin Moskowitz, Charles Myers, bundler, Biden, Soros, Myers, George Soros, Biden's, Trump, —, Jeffrey Katzenberg, Katzenberg, Kurt Rappaport, Rappaport Organizations: Skydance Media, The Beverly, Commission, Biden, Facebook, Oracle, Trump, CNBC, Democratic, Republican, Hollywood Locations: Beverly Hills , California, OpenSecrets, Los Angeles

☆ Fact check: Trump’s false and unsubstantiated claims about his Manhattan criminal case
▼ + stars: | 2024-04-14 | by ( Daniel Dale | ) edition.cnn.com time to read: +13 min

With Trump’s trial scheduled to start Monday, here is a fact check of some of Trump’s remarks. Trump’s baseless claims that Biden is secretly running the caseTrump has repeatedly claimed that the Manhattan case has been secretly orchestrated by President Joe Biden, Biden’s White House or the Biden-era federal Justice Department. Third, there is no basis for the claim that Colangelo oversees Bragg; Bragg is Colangelo’s boss. Facts First: Trump’s claims are not even close to true; Manhattan, like New York City as a whole, is nowhere near record highs for murder or violent crime more broadly. They want to take away my constitutional right to talk.”Facts First: Trump’s claims are exaggerations.

Persons: Donald Trump, Trump’s, Biden, Trump, Joe Biden, Biden’s, Matthew Colangelo, Alvin Bragg, Joe Biden’s, ”, “, ” Trump, Thugs ”, Colangelo, ” Bragg, Bragg, It’s, Joe Schmoe, ’, Jeff Asher, Juan Merchan, Loren Merchan, Loren Merchan “, Al Baker, Loren Merchan didn’t, Baker, Loren Merchan’s, Judge Merchan’s, Judge, I’m, Merchan, Merchan’s, Soros, George Soros, Michael Vachon, Vachon, Alvin Bragg’s, ” Soros, Rashad Robinson, overstate, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz Organizations: Washington CNN, Justice Department, DOJ, Biden, Bragg, Manhattan, New York, CNN, Trump, Democratic, The Spectator, Soros, PAC, Democracy PAC, Change’s PAC Locations: Manhattan, York’s, New, New York City, Pennsylvania, Fulton County , Georgia

☆ Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving
▼ + stars: | 2024-04-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

TMTG stock has plunged 53% from its intraday peak two weeks ago, slashing Trump's net worth. AdvertisementDonald Trump has crashed out of the ranks of the world's 500 wealthiest people after the value of his meme stock nosedived. The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. AdvertisementTMTG shares hit an intraday high of $79 on March 26, valuing Trump's stake at close to $6.3 billion. That's still more than 1,200 times the $4.1 million of revenue it earned last year, which fueled a net loss of $58 million for Truth Social's parent company.

Persons: Donald Trump, —, Forbes, Trump, George Soros, Mark Cuban, Giorgio Armani, Reed Hastings, Bernie Marcus, Ralph Lauren, TMTG Organizations: Service, Bloomberg, Trump Media & Technology, TMTG, Paramount, Etsy, Hasbro, American Airlines Locations: Monday's

☆ Donald Trump Now Richer Than George Soros, Set to Overtake Mark Cuban
▼ + stars: | 2024-03-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Donald Trump's net worth has jumped $4 billion this year to $7.2 billion, per Bloomberg's rich list. The former president is richer than George Soros and set to surpass Mark Cuban and George Lucas. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump is now richer than George Soros — and is set to overtake Mark Cuban too. The former president's net worth has soared by more than $4 billion this year to an estimated $7.2 billion, per the Bloomberg Billionaires Index.

Persons: Donald Trump's, George Soros, Mark Cuban, George Lucas, Trump, —, Donald Trump, George Soros —, Reed Hastings, Gordon Getty, Bernie Marcus Organizations: Service, Bloomberg, Trump, Netflix, Home, Business

☆ Runaway government debt could sink markets and slam the economy, 2 watchdogs warn
▼ + stars: | 2024-03-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The US government's ballooning interest payments are eating a hole in its budget, they said. "We are headed toward record spending levels, record deficit levels, record debt levels, record interest payments — the list goes and on," Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, told Fox Business this week. While the US isn't at imminent risk of that kind of chaos, bond markets could "snap back" if the government's interest payments soar to $1 trillion in 2026 as expected, Swagel said. AdvertisementHowever, she noted that some experts on Wall Street were "incredibly worried" about the national debt and interest payments. DoubleLine Capital CEO Jeffrey Gundlach has also sounded the alarm on debt payments.

Persons: —, MacGuineas, Philip Swagel, Liz Truss, Swagel, bitcoin, Jim Rogers, George Soros, He's, Jeffrey Gundlach Organizations: Investors, Service, Federal Budget, Fox Business, Congressional, Office, Financial Times, Bank of, CBO, Wall, DoubleLine

☆ How real estate's pain could be Wall Street's gain as Blackstone, Goldman, and others dive back in.
▼ + stars: | 2024-03-19 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +12 min

That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.

Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis

From 1985 to 2002, he worked at Goldman Sachs, one of the most storied — and criticized — investment banks on Wall Street. He famously swooped in to turn around the struggling IndyMac bank after its failure in the financial crisis of 2008. Earlier this month, Mnuchin jumped back into the headlines when his PE firm led a roughly $1 billion investment in embattled New York Community Bancorp. In 2009, OneWest Bank Group, where Mnuchin was chairman and CEO, bought the troubled IndyMac after federal regulators took over the bank. Mnuchin was Treasury secretary in 2020, when the Trump administration brokered a deal where Oracle and Walmart would take a large stake in TikTok.

Persons: Steven Mnuchin, Donald Trump’s, Goldman Sachs, Mnuchin, Max, Mnuchin's dealmaking, Robert Weissman, ” Weissman, Robert Rubin, Clinton, Weissman, couldn’t, NYCB, George Soros, John Paulson, OneWest, Kevin Kaiser, “, ” Kaiser, Maxine Waters, ”, Trump, doesn't, Chris Caulfield, ” Caulfield, ” ___ Rugaber Organizations: Trump, Public Citizen, Treasury, Treasury Department, Liberty Strategic Capital, Citizens, New York Community Bancorp, OneWest Bank Group, Federal, of Insurance Corp, FDIC, Wharton School, Oracle, Walmart, CNBC Locations: Wall, TikTok, Saudi Arabia, East, Washington, Congress, U.S, China, West Monroe, “

☆ One of the top donors to a pro-Biden dark-money group is a nonprofit run by a little-known AI investor
▼ + stars: | 2024-03-10 | by ( Casey Tolan | ) edition.cnn.com time to read: +8 min

The second-largest donation in 2022 to the non-profit arm of Future Forward, the primary Super PAC supporting Biden, came from a group run by James McClave and Emily Berger. That’s more than any group other than the George Soros-linked Open Society Policy Center, which gave $15.2 million that year. That trend is set to continue this year: Future Forward has announced plans to run the largest ever political advertising campaign by a Super PAC in 2024. A spokesperson for Future Forward did not respond to a request for comment. The pro-Biden group Future Forward has said it plans to run the largest political advertising campaign by a Super PAC this year.

Persons: Joe Biden, James McClave, Emily Berger, Jane, McClave, Berger —, George Soros, Biden, they’re, “, ”, Anna Massoglia, Berger, Massoglia, ” Anna Massoglia, Janet Protasiewicz, Manhattan DA Alvin Bragg, Claude, Sam Bankman, Fried, Jane Street, Julia Nikhinson, Anita Dunn, Harris, It’s, ” Biden, Biden’s, Vox Organizations: CNN, PAC, Biden, —, Policy Center, Soros, League of Conservation Voters, Fund, Hopewell Fund, Super PAC, McClave, Democratic Party, Wisconsin Supreme, Manhattan DA, Securities and Exchange Commission, New York Stock Exchange, University of California, Bloomberg, FF PAC, White House, New York Times, Super, Commission, Forward, Center for Voter, Democratic, BEMC Foundation Locations: Manhattan, McClave, Wisconsin, Anthropic, University of California Berkeley, Manassas , Virginia

☆ Opinion | We Need to Talk About This Republican Candidate’s Antisemitism
▼ + stars: | 2024-03-07 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Mark Robinson, the Republican nominee for governor of North Carolina, has for some reason not bothered to take down his old Facebook posts about the Jews. He regularly argued on Facebook that focusing on the evils of Nazism obscured the greater danger: the one represented by the Democratic Party. He has refused to apologize for these statements, though he called them “poorly worded” and has denied that he’s antisemitic. None of this appears to have hurt Robinson with the Republican electorate in North Carolina, where on Tuesday he won nearly 65 percent of the vote in the gubernatorial primary. But Robinson is a reminder that in electoral politics, there is far more tolerance for antisemitism in the Republican Party than the Democratic one.

Persons: Mark Robinson, ’, ” Robinson, “ George Soros, Adolf Hitler, ”, “, Robinson, Josh Stein, Donald Trump, Martin Luther King Organizations: Republican, NAZI, Facebook, Democratic Party, Democratic, Republican Party Locations: North Carolina

☆ S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg
▼ + stars: | 2024-03-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Market bears calling for a 60% crash in the S&P 500 could soon be proven correct, Milton Berg said. The technical analyst said that stocks may be close to a final peak as speculation runs hot. Berg warned a recession appears likely based on several economic indicators that are flashing red. AdvertisementStocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned. AdvertisementBerg, a former advisor to elite investors like George Soros and Stanley Druckenmiller, now runs Milton Berg Advisors.

Persons: Milton Berg, Berg, —, they've, John Hussman, Jeremy Grantham, who's, George Soros, Stanley Druckenmiller Organizations: Service, Milton Berg Advisors, Nasdaq, Nvidia, Netflix Locations: Milton

☆ Promises Donald Trump has made so far in his campaign for a second term
▼ + stars: | 2024-03-06 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +17 min

Trump also said in that campaign video that he would cut funding for schools that teach critical race theory and gender ideology. Health careLast November, Trump promised to replace the Affordable Care Act, known colloquially as Obamacare, in a series of posts on Truth Social. Trump also vowed in a June 2023 campaign video to reinstate his previous executive order so that the US government would pay the same price for pharmaceuticals as other developed countries. The former president added in a campaign video that he would stop lobbyists and government contractors from pushing senior military officials toward war. We will reverse almost all of them,” Trump said in a campaign video.

Persons: Donald Trump, Joe Biden, Immigration Trump, Trump, ”, “, ” “ We’ll, ” Trump, Education Trump, Obamacare, Biden, ” “, Antonin Scalia, Samuel Alito, Clarence Thomas, ‘ Everybody’s, ’, ‘, he’s, Energy Trump, “ We’re, ” “ It’s, Equity “, CNN’s Tami Luhby, Kate Sullivan, Kristin Holmes Organizations: CNN, Republican, Immigration, Des Moines Register, ATF, FBI, DHS, Hamas, Department of Defense, Education, of Education, of Justice, Department of Education, Health, Trump, Democrats, Trump Administration, Justice, CIA, Department, U.S, Attorneys, Soros District, Marxist, National Guard, Department of Justice, NATO, Cities, Environmental Protection Agency, Energy, Trade, Trump Reciprocal Trade, Economy Trump, Black Conservative, Rifle Association, Legislative Action, Equity Locations: United States, Israel, America, United States of America, State, Washington , DC, Washington, NATO, American, South Carolina, Russia, Ukraine, New Hampshire, New, China, Michigan, Des Moines , Iowa

☆ Stanley Druckenmiller exits Alphabet, keeps winning AI plays Nvidia and Microsoft
▼ + stars: | 2024-02-15 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Stanley Druckenmiller dumped his stake in Google's Alphabet entirely last quarter, while keeping his high-conviction bets on artificial intelligence through Microsoft and Nvidia . Druckenmiller's Duquesne Family Office sold $112 million worth of Alphabet shares last quarter, according to a regulatory filing. His firm briefly held Alphabet in the first quarter of 2023, sold it the next quarter and entered the stock again in the third quarter. He said he has been betting on the space through two stocks — Microsoft and Nvidia. But Druckenmiller, a Bowdoin College grad, bought call options on Nvidia with a notional value of $242 million last quarter.

Persons: Stanley Druckenmiller, Druckenmiller, George Soros, Soros, Tempur Sealy Organizations: Microsoft, Nvidia, Druckenmiller's Duquesne Family, Bowdoin College grad, Sohn Investment, Quantum Fund, Duquesne Capital Management, Arista Networks, Woodward, Flex Ltd, Barrick Gold, Marvell Technology

Save America was once so flush with cash that Trump’s political operation used its money to seed a super PAC, MAGA Inc., that advertises in support of his presidential campaign. But as Trump’s legal bills have grown and its cash dwindled, Save America clawed back more than $42 million in refunds from the super PAC last year. The super PAC supporting her candidacy, SFA Fund, spent more freely. Its year-end report shows that the group raised $50.2 million and spent $63.7 million between July and December. The substantial burn rate left the super PAC with just $3.5 million in cash on hand entering 2024.

Persons: Joe Biden, Donald Trump’s, Biden, Nikki Haley, Haley, Haley’s, Trump, “, ”, Ken Griffin, Jan Koum, Paul Singer, Jim Davis, Griffin, Singer, George Soros, Eric Schmidt, Shonda Rhimes, Ron DeSantis ’, DeSantis, Donors Organizations: CNN, Trump, GOP, South Carolina Gov, Federal, Republican, Save America PAC, Make, PAC, FEC, Save, MAGA Inc, SFA Fund, SFA, Palmetto State, Haley, Citadel, New, American Opportunity Alliance, Hollywood, DeSantis Locations: Iowa, New Hampshire, Save America, South Carolina, Palmetto, Florida

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ Opinion: Taylor Swift is making this the most expensive Super Bowl in history
▼ + stars: | 2024-01-30 | by ( Opinion Danielle Campoamor | ) edition.cnn.com time to read: +11 min

Tickets to this year’s Super Bowl are now the most expensive in NFL history, according to SeatGeek and CBS reporting: the cheapest available at $9,858. But for an organization with a nefarious history when it comes to violence against women, does the NFL really deserve Taylor Swift? Since 2000, over 1,000 NFL players have been arrested. What’s worse, when accusations are levied against professional football players rarely if ever are they held accountable or faced with real, substantial consequences. Since her first stadium appearance, she has been wildly and falsely accused of ruining professional football for deigning to express joy publicly.

Persons: Danielle Campoamor, Taylor Swift, Travis Kelce, Andy Reid, Tony Romo —, Swift, Danielle Campoamor Ashley Batz It’s, Taylor, Jim Nantz, Isiah Pacheco, ”, didn’t, ” Daniel Sailofsky, Ray Rice, fiancé Janay Palmer, Rice, ” Rice, “, Kelce, Jason Kelce, Leonardo DiCaprio, famer, —, Tennessee Sen, Marsha Blackburn, Trump, DJ David “ Jackson ” Mueller, groping Organizations: NBC, CNN, Kansas City Chiefs, AFC Championship, CBS Sports ’, NFL Football, Chiefs, Buffalo Bills, CBS, NFL, Super Bowl, Chicago Bears, Nielsen, Apex Marketing Group, Front, Swift, Tayvis, New York Times, Baltimore Ravens, Ravens, “, Pfizer, Philadelphia Eagles, deigning, Soros, Tennessee, VAWA Locations: Colorado

☆ Opinion: Elon Musk, Harvard and the art of ‘taking action’ while doing nothing
▼ + stars: | 2024-01-23 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

CNN —Elon Musk, who spends much of his time on futuristic endeavors, took a step into history on Monday. Like in other entities where an upsurge in antisemitic activity started making headlines, Musk was taking performative action at Auschwitz. It was an effort to appear to be taking action while doing nothing. After his visit to the death camp, Musk appeared at a conference on antisemitism in nearby Krakow, Poland. President Claudine Gay was asked in Congress if calls for genocide against Jews violate Harvard rules against bullying and harassment.

Persons: Frida Ghitis, CNN — Elon Musk, Musk, “ Hitler, ”, ” Musk, dumbest, George Soros “, Ted Deutch, Elders of Zion, X, “, Tucker Carlson, Claudine Gay, Israel “, Israel, he’s “, Alan Garber, Garber, Derek Penslar, Penslar, Larry Summers Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Center, Twitter, Defamation, American Jewish Committee, Elders of, Media Matters, Apple, Disney, IBM, Media, Harvard University, Harvard, Jewish, Harvard’s, Jewish Studies Locations: Auschwitz, Israel, Gaza, United States, Krakow, Poland

☆ Opinion | Ron DeSantis Made Smiling Look Hard
▼ + stars: | 2024-01-22 | by ( Michelle Cottle | ) www.nytimes.com time to read: +2 min

In a short video on Sunday, the Florida governor looked natty in a blue suit and red tie, every hair perfectly in place as he papered over his deeply imperfect campaign. He touted his own leadership and, perhaps with an eye toward running again in 2028, endorsed the Republican kingmaker, Donald Trump. But watching DeSantis’s now-famous awkward smile and listening to his unnatural cadence, it was hard not to think: Yeah. Mr. DeSantis is a successful governor of a major state and a smart guy with a picture-perfect family. On the presidential campaign trail, he was robotic and awkward, rude and arrogant, with the interpersonal skills of poorly designed A.I.

Persons: Ron DeSantis’s, Republican kingmaker, Donald Trump, DeSantis’s, DeSantis, Anthony Fauci, George Soros, “, ” Organizations: Republican Locations: Florida, Iowa

☆ Alex Soros says a Trump win is a done deal for the Davos elite — but they're always wrong
▼ + stars: | 2024-01-19 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Alex Soros, chairman of Open Society Foundations, during a panel session on the closing day of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 19, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photographer: Stefan Wermuth/Bloomberg via Getty Images"In Davos, Donald Trump is already the president," Open Society Foundations Chairman Alex Soros told a panel at the World Economic Forum on Friday. "That's a good thing, because the Davos consensus is always wrong," he went on. He either winds up in prison or he winds up in power, he's not going off on some beach somewhere and retiring."

Persons: Alex Soros, Stefan Wermuth, Donald Trump, Trump, Joe Biden, —, he'll, Soros, he's Organizations: Open Society, Economic, Bloomberg, Getty, Republican, Trump, Republican Party Locations: Davos, Switzerland

☆ George Soros' son says Trump won't disappear unless he winds up in prison
▼ + stars: | 2024-01-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

George Soros' son said on Friday that there's really no getting rid of Donald Trump. "He either winds up in prison or he winds up in power," Alex Soros said, CNBC reported. AdvertisementThe son of billionaire investor and philanthropist George Soros says there's really no getting rid of former President Donald Trump. Alex Soros, the chairman of his father's philanthropic empire, Open Society Foundations, continued of Trump, "What's the way out for him? "In Davos, Donald Trump is already the president," Alex Soros said on the panel.

Persons: George Soros, there's, Donald Trump, Alex Soros, —, Soros, Trump, Soros —, he'll, He's, hasn't, Joe Biden Organizations: Economic, CNBC, Service, Republican Party, Republican, Society, Trump, The New York Times Locations: Davos, Switzerland

The Davos consensus on the presidential electionPublicly, the global business leaders who gathered at the World Economic Forum in Davos, Switzerland, haven’t wanted to predict the winner of the upcoming U.S. presidential election. In an interview with Andrew on CNBC, he didn’t predict that Trump would win, but suggested that dismissing the former president and his supporters would be a mistake. “He wasn’t wrong about some of these critical issues, and that’s why they’re voting for him,” he said. “Trump is already the president at Davos — which is a good thing because the Davos consensus is usually wrong,” Alex Soros, the son of George Soros, said on a panel. A little history: The Davos consensus was that Hillary Clinton would beat Trump in 2016.

Persons: haven’t, Donald Trump, DealBook, Trump, Jamie Dimon, JPMorgan Chase, Andrew, “, ” Dimon, ”, MAGA, bode, “ Trump, ” Alex Soros, George Soros, Hillary Clinton, Sting, Biden, It’s, Reddit, Macy’s, Tony Spring, Warren Buffett, Morningstar Organizations: Economic, JPMorgan, CNBC, Trump, NATO, Biden, Trump’s Republican, Davos, Apple Watch, Reuters, Investors Locations: Davos, Switzerland, U.S, China, American, Indonesia, E.S.G

The Ms. Foundation published research last week advocating for more financial support for women and gender nonconforming people of color leading nonprofits on the frontlines of social justices issues. “At this moment, when women and women’s bodies and gender nonconforming folks are being attacked on a daily basis, are they willing to move 10% to us?” Teresa Younger, Ms. Foundation’s president and CEO, said of other foundations. The Ms. Foundation found that many frontline organizations, like Power Rising, work across issue areas, often in tandem with other groups and in response to unfolding events. The organization advises foundations to build on trust-based giving, to support self-guided capacity building for these organizations, and to diminish grantmaking tied to specific issue areas. ___Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.

Persons: Alex Soros, George Soros, Trump, ” Alex Soros, Shawnda Chapman, ”, ” Teresa Younger, it’s, Laleh Ispahani, Ketanji Brown Jackson, Leah D, Daughtry, grantmaking, Ispahani, Mark Malloch, Brown Organizations: Open Society, Society, Ms, Foundation for Women, OSF, National Women's Law, Alliance for Youth, U.S, Supreme, Foundation, Associated, Lilly Endowment Inc, AP Locations: U.S

☆ Kendrick Lamar Buys a Penthouse on the Brooklyn Waterfront
▼ + stars: | 2023-12-01 | by ( Vivian Marino | ) www.nytimes.com time to read: +1 min

The rapper Kendrick Lamar is the latest celebrity to descend on Brooklyn, with his purchase of a sprawling duplex penthouse near the waterfront in Brooklyn Heights. His new pied-à-terre, which comes with stunning East River views, is at Pierhouse at Brooklyn Bridge Park, a 106-unit condominium built in 2015 at 90 Furman Street. He paid $8.6 million, using the limited liability company Dogg Pound Buildings. The apartment at the Majestic, at 115 Central Park West, closed at $20.5 million, well below the $50 million initial asking price in 2012 and the $25 million she had paid for it in 2006. Still, the sale was among the top closings in New York City in November.

Persons: Kendrick Lamar, Lamar, Zendaya, Amy Schumer, Matt Damon, Emily Blunt, John Krasinski, Bjarke Ingels, Susan Weber, George Soros Organizations: Furman, Pound, Park Locations: Brooklyn, Brooklyn Heights, Pierhouse, California, Danish, Manhattan, New York City

☆ Opinion: Elon Musk’s Israel tour was transparently transactional and insulting
▼ + stars: | 2023-11-28 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +8 min

CNN —Elon Musk is trying to make amends, or at least do damage control, after endorsing an antisemitic post on his platform X, formerly Twitter. The backlash to Musk’s comments on X was swift: Advertisers pulled their campaigns from X, and Musk came under international criticism. Musk’s Israel tour was transparently transactional and frankly insulting. A chat with Musk and a personal tour of Hamas’ devastation seems like it could have waited. Earlier this year, the ADL published a report documenting an increase in antisemitic content on X under Musk’s ownership.

Persons: Jill Filipovic, CNN — Elon Musk, isn’t, “, ‘ Hitler, ”, I’m, Musk, Benjamin Netanyahu, Netanyahu, X, ” X, White, Jonathan Greenblatt, Greenblatt, ” Musk, George Soros, Soros, Dilbert, Scott Adams, tweeting Organizations: Twitter, CNN, Musk, Defamation League, Israeli, Hamas, Islamic State, Center, Media, ADL Locations: New York, Israel, Buffalo, Gaza, Europe, Hungarian

☆ Elon Musk’s quest in foreign affairs plagued by his own online behavior
▼ + stars: | 2023-11-28 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

Washington CNN —Elon Musk is an increasingly important player in global affairs and has been touring the world to meet with political leaders in recent months. “We can observe Elon Musk’s Twitter/X activity that he regularly consumes right-wing content and this increased during COVID-19,” Facciani said in an email. More recently, however, Musk’s ambitions have come a bit closer to earth and become far more concrete. There are many world leaders who hold extreme or far-right views, of course. Musk’s outbursts that contradict widely held international norms and values are meant for a specific internet audience that Musk mistakes for being representative of the wider world.

Persons: Washington CNN — Elon Musk, White supremacists, Musk, Benjamin Netanyahu, It’s, George Soros, Netanyahu, Matthew Facciani, “, Elon, ” Facciani, Vladimir Putin, Rishi Sunak, Recep Tayyip Erdogan, he’s, Ron DeSantis ’, Robert Kennedy Jr, ’, ” Musk, ”, reactionism Organizations: Washington CNN, Defamation League, Whites, White, The University of Notre Dame, Twitter, UK, Florida Republican Gov, United States Locations: Israel, Gaza, COVID, Ukraine, Crimea, Washington, United, Russia

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