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Kevin O'Leary said he would've fired the Hims & Hers CEO for backing the pro-Palestinian protests. AdvertisementHims & Hers CEO Andrew Dudum should have been fired immediately for supporting the pro-Palestinian student protesters, says "Shark Tank" host and investor Kevin O'Leary. On May 1, Dudum said in an X post that student protesters should "keep going" because "it's working." People are very polarized by this war, as they are in every war," O'Leary said. Last week, the businessman said in an interview on Fox News' "The Five" that pro-Palestinian student protesters will be "screwed" when they start job hunting.
Persons: Kevin O'Leary, would've, Andrew Dudum, " O'Leary, Dudum's, , O'Leary, Dudum, you’re, Dudum didn't, CNN's Laura Poole Organizations: Service, Palestinian, Fox Business, Columbia University, UCLA, BI, Fox News, Google, National Labor Relations Board Locations: Israel, Gaza
Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.
Persons: Blackstone, , BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, ​ ​ McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. We are on fire," said Palantir CEO Alex Karp on Monday's earnings call. International commercial revenue for the first quarter was $149 million — down 3% from the prior quarter, but up 16% year-on-year. And international government revenue was down 9% from the prior quarter, to $79 million — though up 33% year-on-year. Karp addressed the matter in the call as well, saying Palantir is the first call for Western allies in global conflicts.
Persons: , Alex Karp, Palantir's, General Mills, Karp, Dave Glazer, Glazer, Palantir, it's Organizations: Service, Business, Cleveland Clinic, General, DC Locations: Denver , Colorado, Europe, Israel, Ukraine, America, Palestine, Washington
Young Americans’ outrage over the Israel-Hamas war has dominated the political conversation for weeks. But these headlines are not reflective of young voters’ top concerns this election year, according to recent polls. Surveys taken in recent months show young voters are more likely to sympathize with Palestinians in the conflict, but few of them rank the Israel-Hamas war among their top issues in the 2024 election. Like other voters, young people often put economic concerns at the top the list. And while young voters are cooler to Mr. Biden than they were at the same point in 2020, there is little evidence that American support for the Israeli invasion of Gaza is a critical factor in their relative discontent.
Persons: Biden, Donald Trump, Joe Biden, , Devon Schwartz Organizations: Democratic, Republican, Columbia University, University of Texas Locations: Israel, Gaza, Austin
Ahead of November, young Black voters are indicating that their turnout could fall below 2020 levels. A Washington Post-Ipsos poll revealed that only 41% of young Black voters said they were certain to vote this year. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: , Joe Biden, buoying, Biden Organizations: Washington, Black, Service, White, Democratic, Pew Research, Business Locations: Gaza
At colleges and universities across the country, from Cal Poly-Humboldt to Columbia, students have been protesting against the war in Gaza. The protests have generated another round of discussion (and endless takes on the internet) about free speech on college campuses. What about universities that purportedly champion free speech suddenly deciding that maybe there’s such a thing as too much freedom of speech? And, personally, I want to know why we pay so much attention to Ivy League schools most of us didn’t go to. I spoke with Greg Lukianoff, the president and C.E.O.
Persons: Greg Lukianoff, Rikki Schlott Organizations: Cal Poly, Humboldt, Ivy League, Foundation, Rights, FIRE’s Student Network Conference Locations: Columbia, Gaza
Others, including pro-Israel professors, have sought to build other avenues of support for students. Faculty members at Emory University and Columbia University are among those who have either taken or pushed for no-confidence votes in their school presidents. Some professors, faculty and staff members have gotten caught in police sweeps and arrested as law enforcement has moved to evict students and their tent encampments from campuses. He said the letter came together as colleagues expressed outrage over seeing some of their students caught in the clash and not receiving a response from some administrators when they pleaded for intervention. “There was a very clear sense from very early on, even as things were happening yesterday, that some response was imperative — that we couldn’t let something like this go unanswered,” he said.
Persons: Jim Ryan, Ian Baucom, Annelise Orleck, , , Erik Linstrum, “ there’s, Brian Coy, Ryan, Baucom, , ” Mr, Coy, Laura Goldblatt, they’re, Thomas Jefferson, Linstrum Organizations: University of Virginia, Israel, Emory University, Columbia University, Dartmouth College Locations: Charlottesville, Gaza, aggress
It’s graduation season, which is a good time for people in their early 20s to start thinking about how to get a better handle on their finances. How do you balance paying off student debt with saving for the future? What’s the best way to create a proper budget? Very few people have their finances perfectly in order while figuring out their lives and careers in their 20s. We’ve put together a five-day financial boot camp for people in their 20s to get them thinking about jobs, budgeting, saving and tackling debt.
Persons: We’ve, Ron Lieber, Tara Siegel Bernard, Mike Dang
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But amid the chaos, there was one solid thing in Partovi's life, one thing he knew he could always put in order: computer code. Related storiesNow, Partovi has reached the top echelon of seed investors, ranking 13th on Business Insider's Seed 100 list. 'Neo Scholars'Through his seed-stage fund Neo, Partovi has amassed a formidable portfolio of early-stage investments, including Ramp, Deel, Vanta, MosaicML, and many more. As these "Neo Scholars," as they're known, graduate or drop out to build startups, Neo backs them with money from its investment fund.
Persons: , Ali Partovi, Saddam Hussein, Partovi's, Hadi, Partovi, Facebook, Uber, There's Erik Goldman, Dropbox, Vanta, There's Ari Steinberg, who's Organizations: Service, Business, Boston University, Sharif University of Technology, Harvard, Microsoft, University, CS, Stanford, Facebook, Airbnb Locations: Tehran, Iran, Iraq, North America, Silicon
“Now, post-surgery and post recovery, I am able to see in dimmer lighting with my left eye,” Cook said. A treatment that used CRISPR was found to be safe and efficacious in improving vision among a small sample of patients with inherited blindness in the Phase 1/2 clinical trial that Cook participated in. Months following the treatment, Cook was sitting with friends on a balcony that had Christmas lights wrapped around the railing. Courtesy Olivia CookBefore the treatment, Cook said that she sometimes could conceal the vision challenges she has had. Mass Eye and EarKalberer described the CRISPR treatment as “groundbreaking,” but warned it’s not a cure.
Persons: Olivia Cook, Cook, , ” Cook, , I’ve, “ I’d, you’d, CRISPR, Eric Pierce, Brigham, “ We’re, ” Pierce, Jason Comander, , Michael Kalberer, Kalberer, it’s, “ It’s, It’s, Pierce, Editas, We’re, Art Caplan, ” Caplan, , Vlad Diaconita, ” Diaconita, Dr, Sanjay Gupta, Aliaa Abdelhakim Organizations: CNN, Missouri State University, New England, of Medicine, Mass, Harvard Medical School, Editas Medicine, Perelman School of Medicine, University of Pennsylvania, University of Michigan, University of Miami, Oregon Health & Science University, US Food and Drug Administration, CEP290, pharma, NYU Grossman School, Medicine’s Department of Population Health, Columbia University Vagelos College of Physicians and Surgeons, CNN Health Locations: Springfield, United States, CEP290
The Massachusetts Institute of Technology said on Monday that it would no longer require candidates applying for faculty positions to write diversity statements, which have been denounced by conservatives and free-speech advocates as forcing a kind of ideological conformity. In their statements, generally a page-long, candidates were required to explain how they would enhance the university’s commitment to diversity. Such statements have become enshrined in faculty hiring at many elite public and private universities, as well as in corporate life. Academics have defended them as necessary in judging whether a faculty member can reach out to an increasingly diverse student body. In announcing the change, M.I.T.’s president, Sally Kornbluth, said diversity statements constituted a form of compelled speech that do not work.
Persons: , Sally Kornbluth Organizations: Massachusetts Institute of Technology
Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. Previous investors in Wayve include Yann LeCun, Meta’s chief A.I. Wayve was co-founded in 2017 by Alex Kendall, a Cambridge University doctorate student focused on computer vision and robotics. Unlike generative A.I. systems made by Wayve serve as the brains for physical objects, be they cars, robots or manufacturing systems.
Persons: Uber, Yann LeCun, Wayve, Alex Kendall Organizations: Microsoft, Nvidia, Cambridge University, OpenAI, Google Locations: London, Wayve
Senator Bernie Sanders, a leading progressive voice on Capitol Hill, announced on Monday that he would seek a fourth term in the Senate this fall, calling November’s elections a fight for democracy and equity. Mr. Sanders, an 82-year-old Vermont independent and two-time presidential candidate, caucuses with Democrats in the Senate. He is the longest-serving independent in Congress, having previously served in the House for 16 years. “This is the most important national election in our lifetimes,” Mr. Sanders said in a statement that also cited battles over other hot-button issues including economic equity, reproductive rights and climate change. “We must fight to make sure that we remain a democracy, not an authoritarian society.”“The stakes are enormous,” he added.
Persons: Bernie Sanders, Sanders, Mr, , ” Mr Organizations: Capitol Locations: Vermont, Congress
After years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home. The one-bedroom condo in Miami’s financial district had a view of the river, was in a safe neighborhood and, Ms. Li heard, had neighbors who were much like her — less party, more chill. So Ms. Li, a 28-year-old who came to the United States 11 years ago as a college student from China, put in an offer, had her bid accepted and began ordering furniture. At the last minute, the title company raised concerns about a small United States Coast Guard outpost near South Beach a few miles away. Under the law, Ms. Li could face prison time, and the sellers and real estate agents could be held liable.
Persons: Lisa Li, Li Organizations: United States Coast Guard Locations: United States, China, South Beach, Florida
Michael Longfellow played a talk show host who welcomed parents played by Heidi Gardner, Mikey Day and Kenan Thompson. Longfellow remarked that it’s been a worrisome time on university campuses throughout the country, and sought comment from his guests. While Gardner and Day’s characters expressed concerns about their children’s activities in the protests against Israel’s war against Hamas, Thompson said he was supportive of the efforts. At Columbia University on Tuesday, dozens of protesters entered the university’s Hamilton Hall and barricaded themselves inside before the institution asked for the New York City Police Department’s assistance. A total of 282 people were arrested at the pro-Palestinian protests at Columbia as well as The City College of New York, according to the NYPD.
Persons: Kenan Thompson, , Michael Longfellow, Heidi Gardner, Mikey Day, Longfellow, it’s, Gardner, Thompson, , Alexis Vanessa Roberts, Hamilton, Read Organizations: NBC, New York City, Hamas, Columbia University, Hamilton Hall, New York City Police, Columbia, City College of New, NYPD Locations: New, , Columbia, City College of New York
So I did it and it worked, and I made an awful lot of money for people. My advice was so profitable that these clients started recommending me to their friends in other businesses and industries. By and large, the businesses I worked with are not good forces in the world — they're capitalist extractive machines. AdvertisementMy spiritual clients pay me a flat monthly fee ranging from a minimum of £4,000 to a maximum of £20,000. I charge a minimum retainer fee of £2,000 per month, but my real income comes through a success fee.
Persons: Kate Tomas, I've Organizations: Service, Business, Oxford Locations: Wales, London, Hollywood
Protesters left a pro-Palestinian encampment at the University of Southern California early Sunday after they were surrounded by police and told they could face arrest if they didn't go. The atmosphere on the private university campus had largely remained calm since, while attention turned to arrests at the University of California, Los Angeles. Administrators later canceled the entire main-stage commencement planned for May 10, when 65,000 people were expected to gather to celebrate graduates. Access to the private campus has largely been restricted for people not affiliated with the university since late April. Early Friday, several dozen counter-protesters had set up outside the encampment, playing scenes from the Oct. 7 Hamas attack in Israel on a screen, Annenberg Media reported.
Organizations: University of Southern, Hamas, Protesters, Los Angeles, Los Angeles Police Department, USC, LAPD, University of California, University of Virginia, University of Michigan, Annenberg Media Locations: Gaza, University of Southern California, Israel, Palestinian, Los Angeles
Davis Clarke, a risk management advisor at Citizens, has gained quite a following on social media. AdvertisementYou don't have to look far on social media to find people who are sick and tired of their office jobs. But one office worker has gained a following for his unabashedly upbeat and positive content. In one video, he's walking through downtown on a Monday morning, ready to start "hammering spreadsheets and chugging waters." Build a social media account and use it to show the world the values he cared about.
Persons: Davis Clarke, Clarke, , he's, he'll, Tom Ranucci, Ranucci, wasn't, they'll Organizations: Citizens, Service, Citizens Bank, Business, selfies, University of Massachusetts, Amherst, Boston Marathon Locations: Boston, America, Seattle
The Los Angeles Police Department removed a pro-Palestinian encampment at the University of Southern California early Sunday morning, pushing several dozen people out of the campus gates in the latest crackdown on student protesters there. The encampment had sprouted up nearly two weeks ago in Alumni Park, a central quad on U.S.C.’s campus in Los Angeles. Los Angeles police said on Sunday morning that they had made no arrests while clearing the encampment for the second time. The university cited security concerns, but the valedictorian, Asna Tabassum, said she believed she was being silenced. On Sunday, police officers in riot gear entered the campus before dawn, pushing about 25 protesters out of the campus’s metal gates.
Persons: Asna Tabassum Organizations: Los Angeles Police Department, University of Southern, Sunday Locations: University of Southern California, , Los Angeles
Kent State students protested the war in Gaza on Saturday during the annual commemoration honoring the four students who were killed by the National Guard on May 4, 1970. Hundreds of pro-Palestinian demonstrators gathered at Kent State University in Ohio on Saturday to protest the war in Gaza, exactly 54 years after a similar campus demonstration ended in four student deaths. Many of them were hoisting signs calling on the university to divest from weapons manufacturers and military contractors. Image Mary Ann Vecchio kneels over the body of Jeffrey Miller, a student who was killed by Ohio National Guard troops during an antiwar demonstration at Kent State University on May 4, 1970. Credit... Today, demonstrators at Kent State are asking the university to divest its portfolio of instruments of war.
Persons: James Rhodes, — Allison Krause, William Schroeder, Sandra Scheuer, Jeffrey Miller —, Ohio ”, Crosby, Stills, Nash, Young, Sophia Swengel, , , ” Ms, Swengel, Mary Ann Vecchio, Jeffrey Miller, John Filo, Camille Tinnin, Yaseen Shaikh, Tinnin, Shaikh, Mark Polatajko, Rebecca Murphy, Polatajko, Murphy Organizations: Kent, National Guard, Kent State University, Force, Ohio National Guard, Kent State, Justice Locations: Gaza, Ohio, Kent State’s, Vietnam, Cambodia, Kent, , , Palestine,
“I think we also saw this different sensibility about how to clear protests,” Straub said of the police response to campus demonstrations. In some cases, officers couldn’t distinguish lawful protesters from those who were being disruptive or causing violence, he added. The agreement mandated the NYPD to “change how it deploys officers to public demonstrations,” to better allow the public to exercise their First Amendment rights. NYPD officers in riot gear break into a building at Columbia University, where pro-Palestinian students were barricaded, on April 30. Officers were seen breaking down plywood barriers outside the entrenched encampment where protesters had barricaded themselves inside, as flash-bang explosives exploded overhead.
Persons: George Floyd, , Chuck Wexler, Emily Byrski, Joe Biden, ” Wexler, Frank Straub, ” Straub, PERF, Letitia James, James, Kena Betancur, Eric Adams, Kaz Daughtry, , Spencer Fomby, Fomby, Straub, it’s, ” Fomby, Ryan Sun, ” CNN’s Julia Jones, Maria Sole, Artemis Moshtaghian Organizations: CNN, Police, Research, “ Police, Palestinian, Getty, Columbia University, New York Police Department, University of Arizona, UCLA, Israel, National Guard, Sound Schools, Center for, Police Foundation, ” Police, NYPD, New York, City College, Hampton Hall, Columbia, Hamilton, National Tactical Officers Association, , AP Locations: Gaza, Israel, AFP, California, Columbia, New York City, Hampton, Arizona, Los Angeles
Read previewYoung Americans are feeling increasingly isolated from their offices and classrooms, and these "disconnected youth" — or "opportunity youth" — may be ill-positioned for the future. Loneliness and a tough job market are leaving many Gen Zers feeling stuck, isolated, and unsupported. In fact, they're members of the disconnected youth — defined as Gen Zers who are not in school and not working. Disconnected youth are at risk of long-term stagnationMost Gen Zers — who are between the ages of 12 and 27 — are in this decisive decade. How to help disconnected youthAlthough many disconnected youth struggle with school and work, researchers cautioned against a "one size fits all" solution.
Persons: , Gen Zers, Richard Reeves, Reeves, Zers, aren't, Zers —, Jonathan Zaff, Ian Rowe, Lara Aknin, Zaff, Zer, isn't Organizations: Service, Brookings, Business, Federal Reserve Bank of Dallas, National Center for Education Statistics, Boston University, American Enterprise Institute, Partnership Locations: North America, Brookings
Read previewWith six months until Election Day, the race between President Joe Biden and former President Donald Trump is already in high gear. In March, Biden and Trump clinched enough delegates to secure the Democratic and GOP presidential nominations, respectively, ahead of their party conventions. AP Photo/David YeazellIn 2020, Biden won the election by winning core Democratic states and every major swing state except for North Carolina, which he lost by one percentage point. AdvertisementA win in North Carolina could also give Biden breathing room as he faces challenges in other swing states. Many of these voters backed Biden in 2020 but say their support of the president is not guaranteed in November.
Persons: , Joe Biden, Donald Trump, Biden, Trump, Ron DeSantis, Nikki Haley, Robert F, Kennedy Jr, RealClearPolling, David Yeazell, He's, It's, Barack Obama, Haley, Roe, Wade, Gash, Kamala Harris, Harris Organizations: Service, Trump, Democratic, Florida Gov, Business, Trump —, Biden, Harvard, NPR, Marist, AP, The Washington Post, Arizona, Republicans, Arizona —, GOP, Israel, Columbia University, Ivy League, Michigan Locations: Manhattan, — Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Wilmington , North Carolina, North Carolina, Michigan , Nevada, Pennsylvania, Arizona, Gaza, Israel, New York
Pro-Palestinian protesters dismantled their encampment at Vassar College in Poughkeepsie, N.Y., on Saturday after reaching an agreement with the institution that requires administrators to review a divestment proposal. Student demonstrators pitched dozens of tents on Vassar’s campus, starting on Tuesday. The divestment language did not mention Israel or the war in the Gaza Strip, as the protesters had in their demands. The Vassar agreement is one of several in which student protesters have agreed to clear camps in exchange for commitments to discuss institutional investment policies around Israel. They said they would donate the roughly $7,000 they had raised since launching their encampment to families in Gaza, and redistribute any donated supplies to people and organizations in Poughkeepsie.
Persons: Elizabeth H, Bradley, Vassar, we’ve, Organizations: Vassar College, Student, Palestinian, Vassar, Hamas, Students for Justice, Israel Locations: Poughkeepsie, N.Y, Israel, Gaza, , , Palestine
By this time of year, college-bound high school seniors are usually celebrating their choices, researching dorms and even thinking of their majors. Because of a disastrous rollout of the new application for federal tuition aid, many still don’t know how much tuition they would be paying and so have not decided where they can afford to go. The Education Department’s redesigned form for the Free Application for Federal Student Aid, or FAFSA, was supposed to make applying for tuition aid easier and more accessible. But faced with a bureaucratic mess caused by technical meltdowns and severe delays in processing information and receiving aid packages, students say the new system has been anything but clear or streamlined. The first signs of trouble began in December with the form’s release and have cascaded since, creating uncertainties for students — with graduation right around the corner.
Persons: that’s Organizations: Federal Student Aid
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