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☆ Apple charged under new EU competition law: Here's what you need to know
▼ + stars: | 2024-06-24 | 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 EmailApple charged under new EU competition law: Here's what you need to knowEd Lee, New York Times assistant editor, joins CNBC's 'The Exchange' to discuss the EU scrutiny on Apple, whether the charge will affect earnings, and more.

Persons: Ed Lee Organizations: Apple, Ed Lee , New York Times Locations: Ed Lee ,

☆ Apple needs to show how it will leverage AI, says The NYT's Ed Lee
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple needs to show how it will leverage AI, says The NYT's Ed LeeEd Lee, New York Times assistant editor, and Barton Crockett, senior analyst at Rosenblatt Securities, join CNBC's 'The Exchange' to discuss Apple's WWDC event, outlooks for the company's AI plans, and more.

Persons: Ed Lee Ed Lee, Barton Crockett, CNBC's Organizations: Apple, Ed Lee Ed Lee , New York Times, Rosenblatt Securities Locations: Ed Lee Ed Lee ,

☆ Upside-down US flag flew at home of Justice Samuel Alito after 2020 election, New York Times reports
▼ + stars: | 2024-05-16 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

CNN —An upside-down American flag – a symbol used by some supporters of former President Donald Trump who challenged the legitimacy of Joe Biden’s 2020 victory – hung outside the home of Supreme Court Justice Samuel Alito after the election, The New York Times reported Thursday. A spokeswoman for the Supreme Court did not immediately respond to a request for comment from CNN, which has not independently verified the flag’s use. “I had no involvement whatsoever in the flying of the flag,” Alito said in an emailed statement to the Times. The Times said it was not clear how long the flag flew outside of Alito’s home. Last fall, in response to a series of revelations about travel accepted by Thomas and Alito, the Supreme Court adopted a code of conduct for the first time.

Persons: Donald Trump, Joe Biden’s, –, Samuel Alito, Alito, Trump, “, ” Alito, Trump’s, Clarence Thomas, recusal, Virginia “ Ginni ” Thomas, Thomas, ”, James Organizations: CNN, Supreme, The New York Times, Times, Capitol, The Times, White, Hofstra Law Locations: Alexandria , Virginia, Alabama

☆ Trump could owe more than $100 million in taxes as a result of IRS inquiry, New York Times report says
▼ + stars: | 2024-05-11 | by ( Eric Bradner | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump could owe more than $100 million in taxes as a result of a yearslong Internal Revenue Service inquiry into claims of huge losses on his Chicago skyscraper, The New York Times and ProPublica reported Saturday. The 2008 claim resulted in Trump reporting losses as high as $651 million for the year, and there is no indication it drew an IRS challenge, the outlets reported. Then, Trump’s lawyers enabled further claims of losses in 2010 by shifting the Chicago tower into another partnership, “DJT Holdings LLC,” The Times and ProPublica reported. The outlets calculated the revision sought by the IRS could result in a tax bill of more than $100 million. “This matter was settled years ago, only to be brought back to life once my father ran for office.

Persons: Donald Trump, ProPublica, Trump, —, “, ” Trump’s, Eric Trump Organizations: CNN, Internal, New York Times, Trump, “ DJT Holdings, The, Trump Organization, Times Locations: Chicago, Trump’s Chicago

☆ NYT’s Jim Stewart on Disney: It needs to lower costs or reduce revenue
▼ + stars: | 2024-05-06 | 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 EmailNYT’s Jim Stewart on Disney: It needs to lower costs or reduce revenueJames Stewart, New York Times columnist, joins 'Closing Bell' to discuss Disney as the company reports its quarterly earnings tomorrow.

Persons: Jim Stewart, James Stewart Organizations: Disney, James Stewart , New York Times Locations: James Stewart ,

☆ Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth
▼ + stars: | 2024-05-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Invigorating growth is critical: When the economy expands, it improves standards of living, promotes innovation and makes households wealthier. Economic growth in Spain and France was stronger than expected last year. But the US is outperforming mainly for one key reason: Robust productivity growth. Productivity growth came in well below expectations in the first three months of the year, according to Labor Department data released last week. A “course correction” isn’t an even stronger US economy: Economic policymakers around the world need to address a range of key issues.

Persons: ” Kristalina Georgieva, ” Georgieva, ” Stephen Gallagher, Gallagher, “, ”, Hande Atay Alam, Recep Tayyip Erdogan, Israel Katz, John Williams, Neel Kashkari, Lisa Cook, Krispy Kreme, John’s, Austan Goolsbee Organizations: Washington CNN, Monetary, IMF, European Central Bank, Labor Department, Societe Generale, CNN, Reuters, Palantir Technologies, Tyson Foods, Marriott Worldwide, New York Fed, Disney, UBS, Duke Energy, Suncor, Bros, Minneapolis, Toyota, Uber, Anheuser, Busch InBev, Airbnb, Fox Corporation, News Corporation, Duolingo, Icahn Enterprises, New York Times Company, AMC Entertainment, Honda, Warner Bros Discovery, Warner Music Group, Hyatt, Hilton, Bank of England, US Labor Department, United Kingdom’s, National Statistics, University of Michigan, . Chicago Fed, China’s National Bureau of Statistics Locations: Europe, China, United States, Spain, France, Russia, Ukraine, Turkey, Israel, Gaza, Olesya, “ Turkey, Lyft, TripAdvisor

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Why are Americans so angry? New York Times writer Frank Bruni on the airing of grievances
▼ + stars: | 2024-05-02 | 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 EmailWhy are Americans so angry? New York Times writer Frank Bruni on the airing of grievancesFrank Bruni, New York Times writer, Duke professor and ‘The Age of Grievance’ author, joins 'Squawk Box' to discuss the airing of grievances in America, why Americans are so angry, the monetization of outrage culture, and more.

Persons: Frank Bruni, Duke Organizations: New York Times, Frank Bruni , New York Times Locations: Frank Bruni ,, America

☆ Paramount is a melting ice cube, and the future is not good, says NYT's Jim Stewart
▼ + stars: | 2024-04-30 | 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 EmailParamount is a melting ice cube, and the future is not good, says NYT's Jim StewartJames Stewart, New York Times columnist, joins 'Money Movers' to discuss the ordeal around Paramount, whether opportunities were left on the table for Paramount, and much more.

Persons: Jim Stewart James Stewart Organizations: Paramount, Jim Stewart James Stewart , New York Times Locations: Jim Stewart James Stewart ,

☆ Apple, Meta caught in proxy war between U.S. and China, NY Times' Mike Isaac suggests
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple, Meta caught in proxy war between U.S. and China, NY Times' Mike Isaac suggestsMike Isaac, New York Times technology correspondent, joins 'Fast Money' to talk the proxy war brewing between U.S. and China over technology.

Persons: Meta, Mike Isaac Organizations: Apple, NY Times, New York Times Locations: China

☆ Disney's boardroom showdown: Here's what you need to know
▼ + stars: | 2024-04-03 | 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 EmailDisney's boardroom showdown: Here's what you need to knowJames Stewart, New York Times columnist, joins 'Money Movers' to discuss Stewart's prediction for the upcoming proxy vote at Disney, whether Nelson Peltz violated activist investor rules, and more.

Persons: James Stewart, Nelson Peltz Organizations: James Stewart , New York Times, Disney Locations: James Stewart ,

☆ Disney proxy battle heats up: Here's what you need to know
▼ + stars: | 2024-03-27 | 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 EmailDisney proxy battle heats up: Here's what you need to knowJohn Hodulik, UBS media and telecom analyst, and James Stewart, New York Times columnist, join 'Power Lunch' to discuss what to expect from Disney's proxy battle, the outlook for Disney's direct-to-consumer business, and more.

Persons: John Hodulik, James Stewart Organizations: UBS, James Stewart , New York Times Locations: James Stewart ,

Despite the violence and political turmoil in Haiti, New York Times Opinion columnist Lydia Polgreen argues that this might be the tipping point that finally brings peace to that island nation. U.S. interference in Haiti has long been criticized, and in this audio essay, she says we finally have a chance to repair the damage we’ve done and help set the country back on a course toward dignity and democracy: “Just because there is this long history of failure doesn’t mean that success is not possible.”(A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)

Persons: Lydia Polgreen Organizations: Haiti , New York Locations: Haiti , New, U.S, Haiti

☆ NYT's Jim Stewart on Disney's board battle: Can't remember a proxy fight that has become this nasty
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYT's Jim Stewart on Disney's board battle: Can't remember a proxy fight that has become this nastyJames Stewart, New York Times columnist, joins 'Squawk Box' to discuss the latest on Disney's proxy fight with Nelson Peltz’s Trian Partners, Peltz's track record as an activist investor, and more.

Persons: Jim Stewart, James Stewart, Nelson Peltz’s Organizations: James Stewart , New York Times, Partners Locations: James Stewart ,

(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. An online car seller and a crypto trading platform were in focus on Tuesday's analyst chatter. Carvana shares are up more than 47% this year, soaring after the company topped fourth-quarter profit estimates. Until ETP flows taper and/or reverse, we suspect the stock's current momentum may persist," analyst Patrick O'Shaughnessy wrote. COIN YTD mountain COIN year to date Coinbase shares received a boost from the ETF excitement, rising more than 40% year to date, as bitcoin climbs to record highs .

Persons: Coinbase, Raymond James ., Jason Bazinet, Bazinet, — Pia Singh, Jefferies, Carvana, John Colantuoni, Carvana hasn't, Raymond James, Patrick O'Shaughnessy, ETP, O'Shaughnessy, — Fred Imbert Organizations: CNBC, underperform, Jefferies, Citi, New York Times, Citi Research, Bazinet , New York Times Locations: Bazinet ,, underperform, Monday's

☆ Trump's lawyers are hunting for the identities of secret consultants who approved Russiagate Pulitzer Prizes
▼ + stars: | 2024-03-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +15 min

AdvertisementIn an overlooked lawsuit, Donald Trump's lawyers are exhibiting a habit from his White House days: Hunting for anonymous sources. At each turn, a lawyer for the Pulitzer Board members stopped their clients from answering. The journalists whom Trump's lawyers deposed did, however, offer some characterization of the "consultants" who conducted the reviews. The Pulitzer Prize Board is hosted by Columbia University, in Manhattan, which manages the small organization's payroll and offers institutional support. Chad Bowman, a Ballard Spahr attorney representing the Pulitzer board members, directed Business Insider to court filings.

Persons: Donald Trump, —, Donald Trump's, Trump, Pulitzer, Robert Mueller, Quincy Bird, Katherine Boo, Boo, Chad R, Bowman, Ballard Spahr, don't, Marjorie Miller, Miller, Weber, Crabb, Wein, Neil Brown, David Remnick, Nicole Carroll, Lee Bollinger, Kevin Merida, Viet Thanh Nguyen, Lee C, Bollinger, David Ake Trump's, Gail Collins, John Daniszewski, Bird, Daniszewski, Dana Canady, doesn't, Bebeto Matthews, Collins, we've, John Durham, Hillary Clinton, James Comey, Brown, Chad Bowman, Ballard, Evan Vucci Trump, Christopher Steele, Jeff Gerth's, Gerth, You've Organizations: Service, Business, The New York Times, Washington Post, American, The Washington Post, Pulitzer, Times, Post, PAC Trump, Columbia University, Mar, Poynter Institute for Media Studies, Tampa Bay Times, New Yorker, Los Angeles Times, Associated Press, Global Enterprise, New, AP, Katherine Boo , New York Times, Trump, Republican, Columbia Locations: Russia, Chad, Manhattan, Florida, USA, New York City, Mar, Katherine Boo ,, New York, Palm Beach , Florida, United States, Washington, DC

☆ Will Shortz, New York Times Crossword Editor, Says He Is Recovering From a Stroke
▼ + stars: | 2024-03-03 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

Will Shortz, crossword editor of The New York Times and the host of NPR’s “Sunday Puzzle,” is recovering from a stroke, he said on Sunday. Mr. Shortz, who is 71 and has been with The Times for three decades, shared the health update in a recorded message that aired on Sunday at the end of the puzzle quiz segment during the NPR program “Weekend Edition Sunday.”“Hey guys, this is Will Shortz. I had a stroke on February 4, and have been in rehabilitation since then, but I am making progress,” he said in the message. “I’m looking forward to being back with new puzzles soon.”Ayesha Rascoe, the host of “Weekend Edition Sunday,” wished Mr. Shortz a speedy recovery. “We here at ‘Weekend Edition,’ we love Will and I know that everybody at home does too and we are rooting for him and we are so hopeful and know that he will feel better soon,” she said during the segment.

Persons: Will Shortz, Shortz, ”, I’ve, ” Ayesha Rascoe, Will Organizations: The New York Times, Times, NPR

☆ Reddit's 'Wild West' reputation isn't something that advertisers want: New York Times’ Jim Stewart
▼ + stars: | 2024-02-23 | 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 EmailReddit's 'Wild West' reputation isn't something that advertisers want: New York Times’ Jim StewartJames Stewart, New York Times columnist, joins 'Squawk Box' to discuss Reddit's IPO decision, whether the company is ready to go public, Warner Bros. Discovery's quarterly earnings results, and more.

Persons: Jim Stewart James Stewart Organizations: New York Times, Jim Stewart James Stewart , New York Times, Warner Bros Locations: Jim Stewart James Stewart ,

☆ Avoid these overcrowded trades by hedge funds as the rally powers on, according to Morgan Stanley
▼ + stars: | 2024-02-23 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

As the rally continues, it's wise to avoid overcrowded trades among hedge funds as herd mentality often leads to trouble in the stock market, according to Morgan Stanley. Investors in overcrowded trades could run the risk of getting caught in a losing bet when hedge funds, especially systematic traders, form a herd-like stampede to exit the same trades. Morgan Stanley found that hedge funds were most overweight in the consumer discretionary, industrials, and health-care sectors last quarter. Even though they have been extremely popular, these stocks tend to have outsized share counts that make hedge funds' ownership less significant. Avis Budget Group was the most over-owned stock by hedge funds at the end of 2023 with half of its outstanding float shares owned by the cohort, according to Morgan Stanley.

Persons: Morgan Stanley, Russell, Howard Hughes, Janus Henderson, — CNBC's Michael Bloom Organizations: Avis Budget Group, Liberty Media, Liberty Media , New York Times Locations: Wendy's, Liberty Media ,

☆ Biden Shielding Palestinians in US From Deportation, New York Times Reports
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

(Reuters) - U.S. President Joe Biden is using executive authority to shield thousands of Palestinians in the U.S. from deportation for the next 18 months, the New York Times reported on Wednesday, citing a memo.

Persons: Joe Biden Organizations: Reuters, New York Times Locations: U.S

☆ A soft landing is now likely. But Americans will still deal with unaffordable housing
▼ + stars: | 2024-02-04 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

In a letter days before the Fed’s decision Wednesday to hold interest rates steady at a 23-year high, Democratic US senators blasted the central bank for America’s housing woes. In 2021 when the Fed’s key interest rate was near zero, home-price growth soared at a historic double-digit pace, according to the S&P CoreLogic Case-Shiller National Home Price Index. Divounguy said that the average 30-year fixed mortgage rate will likely not fall below 6% this year. That way we can actually start heading in the right direction with affordability and have that be sustainable and not just a short-term interest rate phenomenon,” she said. Richmond Fed President Thomas Barkin delivers remarks.

Persons: Valerie Plesch, Orphe Divounguy, Freddie Mac, it’s, Fannie Mae, Divounguy, ” Daryl Fairweather, Trump, Jerome Powell, Donald Trump, Powell, David Goldman, Alexandra Ross, ” Trump, Maria Bartiromo, Joe Biden, Estee Lauder, Tyson, Raphael Bostic, Eli Lilly, Loretta Mester, Walt Disney, Adriana Kugler, Thomas Barkin, Michelle Bowman, Ralph Lauren, Armour Organizations: CNN Business, Bell, DC CNN, Federal Reserve, Democratic, Eccles Federal Reserve, Bloomberg, Getty, CNN, National Association of Realtors, Fox Business, Bureau of Labor Statistics, Trump, Fed, Caterpillar, Tyson Foods, P Global, Institute for Supply Management, Atlanta Fed, Toyota, UBS AG, Chipotle, Cleveland Fed, Walt, CVS, PayPal, Brands, Fox, The Carlyle, News Corporation, New York Times Company, Mattel, Spirit Airlines, US Commerce Department, China’s National Bureau of Statistics, ConocoPhillips, Unilever, Duke Energy, Expedia, Warner Music Group, Tenet Healthcare, Richmond Fed, Pepsico, Honda Locations: Washington, Washington , DC, CAVA

Years ago, New York Times Reporter Sopan Deb got an email that asked: “What’s the deal with the cookies that Cookie Monster eats?”At first, he laughed it off, but eventually he realized: He really wanted to know the answer. Are they real cookies? What are they made of? That sent Deb on an odyssey into the world of muppet cookies. Here’s what he found.

Persons: Sopan Deb, “, Deb Organizations: New York Times

☆ How Elon Became an ‘Antisemite’
▼ + stars: | 2023-11-28 | by ( Holman W. Jenkins | ) www.wsj.com time to read: +1 min

Speaking at the 2022 Baron Funds Conference in New York, Elon Musk discussed the 'revenue challenges' he's facing at Twitter, and how a product plan conceived more than 20 years ago could see the social media platform become one of the most valuable companies in the world. Image: Baron Capital via AP/Anadolu Agency Composite: Mark KellyMajor papers like the Journal, New York Times and Washington Post report that advertisers are again fleeing the service previously known as Twitter because, these papers explain, owner Elon Musk endorsed “an antisemitic post.” But try confirming for yourself that the post was intelligibly antisemitic or intelligibly anything else for that matter. The perplexing issue is the noun. A user @breakingbaht expressed a lack of sympathy for “ Jewish communities” (emphasis added) that allegedly encouraged “the exact kind of dialectical hatred against whites that they claim to want people to stop using against them” while supporting immigration of “hordes of minorities.”

Persons: Elon Musk, Mark Kelly, “, ” Organizations: Funds, Twitter, Baron Capital, AP, Anadolu Agency, New York Times, Washington Post Locations: New York

☆ Trump plans sweeping undocumented immigrant roundups, detention camps, New York Times reports
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally at Ted Hendricks Stadium in Hialeah, Florida, U.S. November 8, 2023. The report was based on interviews with several advisers, including Stephen Miller, who oversaw Trump's first-term immigration policies, the Times said. To aid U.S. Immigration and Customs Enforcement (ICE) in sweeping roundups of undocumented people, Trump would reassign federal agents and deputize local police and National Guard troops volunteered by Republican-run states, the report said. To underwrite the massive operation if Congress refused, Trump would redirect Pentagon funds as he did with his border wall in his first term, the Times said. That was a 1954 campaign named after an ethnic slur - Operation Wetback - to detain and expel Mexican immigrants.

Persons: Donald Trump, Ted Hendricks, Octavio Jones, Stephen Miller, Trump's, Trump, Eisenhower, Jonathan Landay, Daniel Wallis Organizations: REUTERS, Rights, Former U.S, New York Times, Times, Immigration, Customs Enforcement, National Guard, Republican, Thomson Locations: Hialeah , Florida, U.S, Former, United States, Iowa

☆ Paranoid Bridgewater employees ventured into the woods to take some calls — until a rumor spread that the company was looking into installing listening devices in the trees, a new book says
▼ + stars: | 2023-11-07 | by ( Grace Dean | Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Some staff at Bridgewater Associates took personal calls in the woods so their employer couldn't listen in, a new book says. This stopped when a rumor claimed the firm might install devices in the trees, per "The Fund." AdvertisementAdvertisementSome employees at Ray Dalio's investment-management firm Bridgewater Associates took non-work calls in the woods near their offices because they were worried about their employer listening in, according to a new book. This practice stopped, though, when a rumor claimed that the firm was looking into installing devices in the trees that could intercept calls, per the book. AdvertisementAdvertisementIt added that the company "did not investigate installing 'devices in the trees.'"

Persons: Rob Copeland's, —, Ray, Rob Copeland, Ray Dalio, James Comey, printout, printouts, Bridgewater, Dalio Organizations: Bridgewater Associates, Service, New York Times, FBI, Staff, Bridgewater, St Martin's Press Locations: Bridgewater, New, keystroke

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