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☆ Surveillance Law Section 702 Keeps Us Safe - The New York Times
▼ + stars: | 2024-04-21 | by ( Matthew Waxman | Adam Klein | ) www.nytimes.com time to read: +2 min

This is an extraordinarily dangerous time for the United States and our allies. Civil libertarians argued that the surveillance bill erodes Americans’ privacy rights and pointed to examples when American citizens got entangled in investigations. The result preserves critical intelligence powers while protecting Americans’ privacy rights in our complex digital age. At the center of the debate is the Foreign Intelligence Surveillance Act. That way, the government can efficiently obtain from communication providers the calls and messages of large numbers of foreign targets — 246,073 in 2022 alone.

Persons: Israel’s unpreparedness Organizations: Foreign Intelligence, Google Locations: United States

☆ FDA approves new drug that may help stop and even reverse a rare, fatal condition that doctors call a ‘ticking time bomb’
▼ + stars: | 2024-03-26 | by ( Brenda Goodman | ) edition.cnn.com time to read: +15 min

These proteins cause the walls of a person’s blood vessels to keep growing and thicken over time. As the blood vessels narrow, the heart is forced to work harder to pump blood to the lungs. Treatment with a combination of drugs that dilate, or relax, blood vessels can improve this outlook, but they are not a cure. Both groups were also taking the standard medications for the condition, which help relax blood vessels to improve blood flow. But Galiatsatos said that as promising as the drug looks, there are still many unknowns, including whether the drug will benefit all PAH patients equally.

Persons: Katrina Barry, Barry, “, ”, Winrevair, Merck Winrevair, Vallerie McLaughlin, Panagis, Galiatsatos, isn’t, ” Barry, I’m, fanny, She’s, sotatercept, PAH, Sotatercept, “ There’s, Kristin Highland, Highland, ” Merck, Merck, Dr, Sanjay Gupta, Aaron Waxman, Barry’s, he’s, they’ve, Johnson –, Waxman, “ I’ve, “ It’s, who’ve Organizations: CNN, American Lung Association, US Food and Drug Administration, Merck, FDA, University of Michigan, PAH, Johns Hopkins Bayview Medical Center, New England, of Medicine, Cleveland Clinic, Institute, Clinical, CNN Health, Brigham, Women’s Hospital, Johnson Locations: PAH, American, Greece, Boston

What makes the retirements particularly noteworthy is that none of the chairs were at risk of losing their position due to the term limits that House Republicans impose on their committee leaders. “They would clearly rather be home with their family than in Washington with a dysfunctional Congress,” said Republican strategist Doug Heye. Photos You Should See View All 33 ImagesThe second retirement announcement came from the new chair of a special committee focused on China. Lucas, who chairs the House Science, Space and Technology Committee, said he's not considering stepping down any time soon. Heye, the Republican strategist, said the retirements of McMorris Rodgers, Green and Gallagher wouldn't make sense in normal times.

Persons: ”, Doug Heye, “, ” McMorris Rodgers, Billy Tauzin, Henry Waxman, Gallagher, Alejandro Mayorkas, Green, ” Green, McMorris Rodgers, she's, I've, ” Gallagher, Frank Lucas, ” Lucas, “ It's, there's, they're, Lucas, he's, Don Young, ‘ Lucas, Byron Donalds, “ We're, ” Donalds, Pete Aguilar, Gallagher “, ” Aguilar, Richard Hudson, ” “ I'm, ” Hudson, Heye, ” Heye Organizations: WASHINGTON, GOP, Energy, Commerce, impeaching, Fox, Electoral, Wednesday, Homeland Security Committee, Science, Technology, Rep, House Democratic Caucus, Republicans, Republican, House Republican, Democratic, “ Locations: Washington, China, Wisconsin, Alaska

☆ Ex-Olympian pleads guilty to sexually assaulting boys – but number of victims ‘remains unknown,’ DA says
▼ + stars: | 2024-02-10 | by ( Holly Yan | Nic F. Anderson | ) edition.cnn.com time to read: +12 min

“The total number of Conrad Mainwaring victims remains unknown,” said Timothy Shugrue, the district attorney in Berkshire County, Massachusetts. For decades, the victims’ abuse was a closely guarded secret. I must be defective in some way or ways,’” Waxman told Mainwaring. “We would talk about school and sports and whatever teenage boys want to talk about,” Kriesberg told CNN. “Mainwaring told Joseph that this procedure was necessary so he could properly understand Joseph’s sex drive and provide proper counseling.

Persons: Conrad Mainwaring, Mainwaring, ”, Timothy Shugrue, ‘, Greylock –, ” Shugrue, Camp Greylock, “, Michael Waxman, ” Waxman, –, Waxman, he’s, He’s, I’m, ’ ” Waxman, ” Mainwaring, ’, Greylock, That’s, Joe Kriesberg, ” Kriesberg, Kriesberg, “ Mainwaring, Joseph, massaging Kriesberg, masturbate Joseph, Mainwaring ”, Kat Thomas, ” Thomas, Mainwaring doesn’t, …, Larry Nassar’s, Thomas ’, Stewart, Finaldi Organizations: CNN, Berkshire County –, ESPN, Attorney’s, Syracuse University, Nottingham High School, Nottingham, Syracuse City School District, Syracuse University campus, High, USA Gymnastics, Michigan State University, New, Manly Locations: Massachusetts, New York, Berkshire County , Massachusetts, Caribbean, Antigua, Barbuda, Montreal, Berkshire County, Berkshire, Nottingham, Syracuse

☆ 9 investors betting millions on the rebound in live events and entertainment
▼ + stars: | 2023-10-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

"Live events are having a moment as consumers want to get out and about," said John Harrison, Americas Media & Entertainment lead at EY. But over the past few years, established and upstart investors have seized the opportunity to capitalize on live events spending, which is outpacing media and entertainment spending overall. PWC projects live events revenue hitting $68.7 billion in 2024, up from $66.6 billion in 2019.Insider identified nine firms, listed alphabetically, that are making significant investments in live entertainment-related companies. It most recently led a $65 million round in Dice, an events discovery and ticketing platform for live events like comedy and drag cabaret. Courtesy of Shamrock CapitalThe Los Angeles-based investment firm has a long history of backing media, entertainment, and communications businesses.

Persons: Taylor Swift, hasn't, Tait, Scott Marimow, John Harrison, there's, Harrison, Coldplay, PEHub, Bluestone Equity Partners Bobby Sharma, Michael Weschler, Bobby Sharma, Bluestone, Juggernaut, Eric Kuhn, Tre, Scott, Matt Pincus, Pincus, Marimow, Shamrock Capital Andrew Howard, Marc Geiger, Alan Waxman's Organizations: Providence Equity Partners, Yankee, Wembley, Bluestone Equity Partners, Providence, Americas Media, Entertainment, Fourier, NBA, PMY, SoFi, New York's Citi, RWS, Apple, Holland America, Capital Partners, Street Journal, Folk Media Group, CBS, Microsoft, Folk Productions, Quest Entertainment, MUSIC, Liontree, JS Capital Management, Investments, Providence Equity Partners Providence Equity Partners, Theatre Group, Shamrock Capital, Sixth, Spain's, San Antonio Spurs, New York Yankees, Dallas Cowboys, Sixth Street Locations: Americas, Paris, Europe, Asia, Vegas, Fiume, Wilmington , Mass, Devon , Pennsylvania, Miami , Florida, North America, Providence, US, Germany, Los Angeles, SaveLive, Spain's Real Madrid, Real Madrid's

The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Oct 11 - Goldman Sachs (GS.N) has agreed to sell GreenSky, its home improvement lender, and associated loans to a consortium led by investment firm Sixth Street Partners, it said on Wednesday. The charge on earnings equates to about $62 million, according to Reuters calculations based on Goldman Sachs' outstanding shares. Goldman Sachs declined to comment on the price. "We plan to continue the company's legacy of driving growth through enhanced technology and great user experiences," said Alan Waxman, co-founder and CEO of Sixth Street.

Persons: Goldman Sachs, Brendan McDermid, Goldman, David Solomon, Solomon, Alan Waxman, GreenSky, Saeed Azhar, Niket, Lananh Nguyen, Leslie Adler, Diane Craft Organizations: New York Stock Exchange, REUTERS, Sixth Street Partners, Wall Street, Street Journal, Sixth, KKR, Bayview Asset Management, Pacific Investment Management Co, Investments, Thomson Locations: New York City, U.S, Bayview, Bengaluru

The drought in the IPO market could be near an end, according to a big investor overseeing more than $70 billion. Alan Waxman, the CEO and co-founder of Sixth Street, believes we're in about the seventh inning of the downturn in the IPO market as he sees a "real pickup" in the pipeline. His firm has exploded in growth, invested in everything from direct lending to growth companies to real estate to insurance to sports. The IPO market experienced a big lull over the past year as an aggressive Federal Reserve and recession fears diminished appetite. If interest rates stabilize and the stock market maintains its 2023 gains, investors might be open to new issuance again.

Persons: Alan Waxman, Waxman, CNBC's Leslie Picker . Organizations: Sixth, Spotify, Reserve

☆ The Sharp Angle: Sixth Street's bullish bet on live events
▼ + stars: | 2023-08-31 | 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 EmailThe Sharp Angle: Sixth Street's bullish bet on live eventsSixth Street Co-Founder & CEO, Alan Waxman, joined Leslie Picker for his first-ever TV interview where he weighed in on the economy, recession risk, private credit, and the growing IPO pipeline. Waxman also pointed out where his firm is seeing growth opportunities and explained why Sixth Street is betting big on sports franchises and live events.

Persons: Alan Waxman, Leslie Picker, Waxman Organizations: Sixth, Co

Major League Baseball was the first to open its coffers to private-investment funds in 2019; a slew of other leagues followed, including the National Basketball Association, Major League Soccer and the National Hockey League. A big participant in that is Sixth Street Partners, a $74 billion behemoth, known historically for its direct lending and growth prowess, and has been making big inroads in the sports world in recent years, with several billion dollars' worth of investments. The firm recently co-founded Bay FC, part of the National Women's Soccer League, alongside several retired players, as well as Sheryl Sandberg. Sixth Street also made investments in FC Barcelona's LaLiga TV broadcasting rights and a majority investment in Legends, a sports and entertainment experiences company. In June 2021, Sixth Street led a strategic investment with Michael Dell in the San Antonio Spurs basketball team.

Persons: Carlyle, David Rubenstein, Sheryl Sandberg, Michael Dell, Alan Waxman, what's, it's, Waxman Organizations: Alpha, CNBC, Major League Baseball, National Basketball Association, Major League Soccer, National Hockey League, Sixth Street Partners, Bay FC, National Women's Soccer League, Sixth, FC Barcelona's LaLiga, San Antonio Spurs basketball, Spanish soccer, Real Madrid Locations: U.S, Spanish

July 28 (Reuters) - Goldman Sachs (GS.N) executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman. Salisbury will reunite with Goldman alums in his new role, including Sixth Street CEO Alan Waxman. Salisbury became a partner in 2008 and previously served as global co-head of the asset management unit before it was combined with wealth management under Marc Nachmann last year. Goldman's asset management division has promoted 11 partners and hired nine new managing directors focused on investing this year, a company spokeswoman said. Salisbury has "done a great job putting together all these asset management businesses over the last few years," Nachmann said in an interview.

Persons: Goldman Sachs, Julian Salisbury, Salisbury, Goldman alums, Alan Waxman, Marc Nachmann, Julian, Waxman, Dina Powell McCormick, Gregg Lemkau, Katie Koch, Goldman, Nachmann, It’s, David Solomon, Lloyd Blankfein, Manya Saini, Niket, Lananh Nguyen, Vinay Dwivedi, Matthew Lewis Organizations: Sixth, Goldman, MSD Partners, TCW, Reuters, Thomson Locations: Goldman, Salisbury, London, Moscow, New York, Russia, China, Bengaluru, Lananh

Last week, the Supreme Court said race-conscious policies adopted by Harvard University and the University of North Carolina to ensure that more non-white students are admitted are unconstitutional. Harvard College is the undergraduate school of Harvard University. The groups in Monday's complaint said the Supreme Court ruling had made it even more imperative to eliminate policies that disadvantage non-white applicants. Representative Barbara Lee, a Democrat from California, called legacy policies "affirmative action for white people" in a tweet. The lawyer, Seth Waxman, told the court that there was no evidence that ending legacy preferences would lead to a more diverse student body.

Persons: Ivan Espinoza, Madrigal, ”, Joe Biden, las, Barbara Lee, Michael Kippins, Neil Gorsuch, Clarence Thomas, Seth Waxman, Daniel Wiessner, Alexia Garamfalvi, Leslie Adler Organizations: Harvard, U.S, Supreme, U.S . Department of Education, Harvard University, University of North, Harvard College, Lawyers, Civil Rights, Democrat, of Education, UNC, Conservative, Thomson Locations: University of North Carolina, Boston, California, Albany , New York

☆ Opinion | America Has a Chance to Make Farming More Climate Friendly
▼ + stars: | 2023-06-12 | by ( Robert B. Semple Jr. | ) www.nytimes.com time to read: +14 min

Why, when we think of climate change, do we think of big oil, not big ag; Exxon and not Tyson? It’s time you met the big ag lobby, one of the most powerful influences on policy in America. But when we started digging into the big ag lobby, we discovered it’s basically — “The most powerful lobby on Capitol Hill. So the big ag lobby has one key aim — block environmental regulation. I absolutely envy how good these lobbyists are at their job.” It’s outrageous what the big ag lobby has gotten away with.

Persons: “, Peter Lehner, He’s, I’m, It’s, Tyson, Jennifer Jacquet, She’s, Peter, she’s, ”, Zippy Duvall, “ —, John Boehner, —, You’ve, Waxman, Markey, Obama, American Farm Bureau Federation didn’t, ” —, JBS, don’t, they’re, Chuck Schumer, Cory Booker, I’ve, they’ve Organizations: Agriculture, ExxonMobil, Shell, Exxon, Washington , D.C, American Farm Bureau Federation, Capitol, U.S . Farmers, Tyson, New York Times, Republican, Senate’s Agriculture, pharma Locations: America, United States, Lake Erie, U.S, China, Washington ,, Kyoto, Senate’s

☆ An under-the-radar hedge fund is the best stock picker in tech. Here are its latest plays
▼ + stars: | 2023-05-17 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

In the hedge fund industry, tech investors like the "Tiger Cubs" Philippe Laffont and Chase Coleman grab a lot of attention, but the best stock picker in the sector lately is far less well-known. It is derived by comparing the performance of equities in the fund based on regulatory filings with that of a sector exchange-traded fund. Shannon River has $2.1 billion in asset under management, recently disclosed $443 million in long equity positions. The hedge fund, founded in 2003 by managing partner Spencer Waxman , runs a concentrated portfolio, with its top 10 positions accounting for 82% of the disclosed portfolio in the first quarter. Nice Ltd. , an enterprise software provider, was another top pick for Shannon River.

☆ Women's soccer expands into the Bay Area with a new team and record investment
▼ + stars: | 2023-04-04 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

"Sixth Street has the incredible know-how, experience and bandwidth to devote to the league," NWSL Commissioner Jessica Berman told CNBC. Waxman, a former Goldman Sachs executive, founded Sixth Street in 2009, and the firm currently has more than $65 billion in assets under management. This is the company's first foray into women's sports, following investments in Spanish soccer teams Real Madrid and FC Barcelona and the NBA's San Antonio Spurs. The four former national team players will be represented on the board and will work alongside Sixth Street in setting the team's strategic direction, he said. Sandberg will partner with the club to create leadership programs that empower women and girls in underserved Bay Area communities.

[1/2] Television equipment is seen outside the U.S. Supreme Court as Justices hear oral arguments on Twitter's appeal to an anti-terror law violation, in Washington, U.S., February 22, 2023. Both lawsuits were brought under a U.S. law that enables Americans to recover damages related to "an act of international terrorism." Conservative Justice Neil Gorsuch said the statute focuses liability on aiding a person who engaged in a terrorist act. Islamic State called the attack revenge for Turkish military involvement in Syria. In the Twitter case, the San Francisco-based 9th U.S.

☆ Supreme Court considers whether Twitter can be held liable for failing to remove terrorist content
▼ + stars: | 2023-02-22 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The Supreme Court heard arguments Wednesday in a case that will help determine whether social media platforms can be held liable for aiding and abetting terrorism for failing to remove content and accounts promoting it. The case revolves around a specific international terrorist act, and contends that Twitter should be held accountable for not taking aggressive enough action against that content on its platform. Justice Elena Kagan at one point asked Waxman whether Twitter could be held liable if it actually didn't enforce any policy against terrorist content on its site. Justice Ketanji Brown Jackson asked if it would be illegal to sell Osama bin Laden a phone without knowing it would be used for a terrorist specific terrorist act. Schnapper said it would not be necessary to prove the phone was used for a specific terrorist act, because it "aids the terrorist enterprise."

☆ A nutritionist shares the best snacks to bring on a plane to boost your immune system
▼ + stars: | 2022-12-26 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +5 min

But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain's SHA Wellness Clinic. Source: SHA Wellness ClinicEating a nutrient-dense diet is the top recommendation from Melanie Waxman, an integrative nutrition specialist and eating coach at SHA Wellness Clinic. Nori is alkaline and provides a good source of vitamin C, as well as omega-3 fatty acids, protein and minerals." Nori is alkaline and provides a good source of vitamin C, as well as omega-3 fatty acids, protein and minerals." Supplements, for someStudies indicate that certain supplements — such as vitamin C, vitamin D, zinc, garlic, echinacea and green tea — may strengthen the body's immune response, Mera said.

☆ Inside BlackRock's powerful consulting arm that's made the most influential money manager an advisor to world powers
▼ + stars: | 2021-06-07 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +21 min

One of the reporters noted that Powell's public calendar showed calls with Larry Fink, BlackRock's chief executive, in March, April, and May. The exchange was hardly the first time no-bid contracts between the Fed and BlackRock's Financial Markets Advisory unit raised questions. Still, former employees told Insider that FMA has served as a clear source of public-facing clout for BlackRock. "The FMA clients have extended their advisory relationships to be multiyear." A little over a year ago, FMA pulled employees out of BlackRock's office there, three former employees said.

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