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Mark Cuban told the "All-In" podcast hosts that he used to talk to former President Donald Trump a lot. During Trump's 2016 campaign, Cuban said he tried to give some advice, but it went unheeded. Cuban said during the podcast episode that he was once enthusiastic about the prospect of an outsider running for office. Cuban told the podcast hosts that he would ask Trump about his campaign's ground game, and Cuban said Trump would brush off concerns: "Yeah, I got the evangelicals doing all that, I'm not worried about it." "I've said this many, many times: If it was a non-MAGA candidate, particularly if it was Joe Biden still, I'd vote Republican," he told the podcast hosts.
Persons: Mark Cuban, Donald Trump, Cuban, Trump, , Mark Cuban wasn't, Trumper, I'm, Kamala Harris, Joe Biden, I've, MAGA Organizations: Service, Trump, Business, Cuban, CNN, Republican Party, Democrat, Republican
The beginner's guide to nepo babies
  + stars: | 2024-10-04 | by ( Amanda Yen | ) www.businessinsider.com   time to read: +9 min
AdvertisementThere's one other field that's become a magnet for nepo babies with something new to say: journalism. The coastersBrooklyn Peltz Beckham and Nicola Peltz Beckham at the Academy Museum Gala in December 2023. Brooklyn Peltz Beckham and Nicola Peltz Beckham also fall into this category. The activistsSome nepo babies use their inherited millions to address social issues they're passionate about. The normiesLastly, there are some nepo babies who have chosen professions in fields where their connections won't help them quite as much.
Persons: , John Quincy Adams, John Adams, Liza Minnelli, Judy Garland, Chan Zuckerberg, Mark Zuckerberg, Taylor Swift, Zuckerberg, Forbes — isn't, ultrarich, Alexandre Arnault, Antoine Arnault, Delphine Arnault, Bernard Arnault, Vianney Le Caer, Murdoch, Donald Trump, Fred Trump, Bill Gates, David Ellison, Larry Ellison, Jessica Pegula, Emma Navarro, Bruce Springsteen, Michael Bloomberg, Lance, Lawrence, Williams, Logan Sargeant, McLaren, Lando Norris, Jack Schlossberg, Kennedy, who's, Z's, Ronan Farrow, Mia Farrow, Woody Allen, rocketed, Harvey Weinstein, Brooklyn Peltz Beckham, Nicola Peltz Beckham, Frazer Harrison, Paris Hilton, Olivia Jade Giannulli, Lori Loughlin, she's, David, Victoria Beckham, Nelson Peltz, Abigail Disney, She's, Zers, Elon Musk's, Vivian Wilson, Jennifer Gates Nassar, Charles Shaffer, Anna Wintour Organizations: Service, Fox, News Corp, Oracle, Skydance Media, Aston Martin, New Yorker, Brooklyn, Academy Museum, Paris, Hilton, University of Southern, Zen, Disney, Bank of Mom, Vogue, Columbia University Locations: , New, University of Southern California, Mount Sinai
He directs customers to find seats in Sabar Menanti, his two-story Malay restaurant, while ducking behind the counter to serve the restaurant's signature nasi padang. His grandparents opened Sabar Menanti in the 1920s and started selling nasi padang near a tombstone shop. But as his relatives had a handle on the business, Tambunan went on to work in the shipping industry. Dealing with rising costsAt a nasi padang stall, diners can choose from a variety of sides to eat with their rice. Tambunan told me he wanted her to remain active in her old age and encouraged her to return to help.
Persons: Iszahar Tambunan, Menanti, nasi, Tambunan, , Sabar Menanti, Sabar, Erin Liam, Tambunan's, I've, Maryulis Bagindor Marlian, Nasi, Beef, Azreen Aziz, Aziz, tauhu telor, masak, I'm, Anthony Bourdain, Erin Liam I, Menanti Tambunan, he's Organizations: Service, Urban Redevelopment Authority, Singapore Statistics Board Locations: shipbroking, Singapore, nasi padang, Sabar, padang, Malay, Kampong Glam, Bahasa Indonesia, Sultan Mosque, Nasi padang, Indonesian, rendang, achar
Sure, many small businesses aren't glamorous — think dental practices or accounting firms — and they involve long hours and unpredictable market forces. The US Small Business Administration said in July that there were nearly 35 million small businesses in the US. Fewer than two-thirds of small businesses in the US in 2022 were profitable, and over a million businesses of all sizes close each year. Traditionally, small businesses were family businesses, and the eldest male child was expected to take it over when the patriarch was ready to step down. Buying up small businesses allows people without wealthy boomer parents to cash in on the trillions of dollars of wealth the generation is sitting on.
Persons: George Coulam, Coulam, Forrester, Nancy Forster, Holt, Ernst & Young, Steve Holt, Shaw, Tenney, Paul, Helen Reagan, Forster, who's, Jennifer, Neil Gutekunst, Edie Ellis, Ellis, BizBuySell, you've, Dave Specht, Specht, they've, " Forster, She's, PwC, Norm Dinkel, Brian Brogan, — he's, hasn't, it's, Jennifer Gutekunst, boomer Organizations: Texas Renaissance, NewEdge Wealth, Ernst &, Shaw, University of Rhode, US Small Business Administration, Small Business Administration, Drucker School, Family Business, Claremont Graduate University, Wall, American Investment Council, Saint Joseph's University Locations: Texas, America, Sacramento , California, Maine, Orono, Chicago, Washington, Pennsylvania
Paul J. Richards/AFP/Getty Images Carter works at a construction site sponsored by the Jimmy Carter Work Project in Asan, South Korea, in 2001. Alex Wong/Getty Images Carter meets with Obama and other former presidents at the White House in January 2009. Richard Lewis/The Elders/Getty Images Carter was interviewed for "The Presidents' Gatekeepers" project at the Carter Center in Atlanta in September 2011. Chris McKay/Getty Images Carter talks about his cancer diagnosis during a news conference at the Carter Center in Atlanta in August 2015. The 1983 tweaks to Social Security included, for instance, the counting of some Social Security benefits as taxable income and a gradual increase of the retirement age from 65 to 67.
Persons: Jimmy Carter, Carter, John Quincy Adams, It’s, CNN’s Stephen Collinson, ” Carter, , George H.W, George H.W . Bush, Rosalynn, Lillian, Gloria, . Bradley, Jimmy, Horace Cort, , John Storey, Stan Wayman, Amy, Walter Mondale, Gerald Ford, Ford, Warren Burger, Rosalynn Carter, Billy, Simons, Barry Thumma, Harvey Georges, Helmut Schmidt, Schmidt, Anwar Sadat, Menachem Begin, Camp David, Carter's, Carter jogs, Karl Schumacher, Dirck Halstead, Leonid Brezhnev, Chuck McManis, Ronald Reagan, Reagan, Robert Burgess, Joe Holloway Jr, AP Carter, Bill Clinton, Al Gore, Paul J, Richards, Clinton, Chung Sung, Fidel Castro, Adalberto Roque, Arne Knudsen, Hugo Chavez's, Juan Barreto, Howard Dean, Erik S, Scott Olson, Marco Longari, Michael Williamson, Barack Obama's, Alex Wong, Obama, George W, Bush, J, Scott Applewhite, Mark Wilson, Ismail Haniya, Mahmud Hams, Jung Yeon, Nelson Mandela, Jeff Moore, Aijalon Mahli Gomes, Gomes, Darren McCollester, Sheikh Jarrah, Mary Robinson, Bernat, George, Kris Connor, Raul Castro, Javier Galeano, Richard Lewis, David Hume Kennerly, Michelle Obama, Martin Luther King Jr, Jewel Samad, Brian Kersey, Chris McKay, Phil Skinner, Donald Trump, Saul Loeb, Jim Chapin, Drew Angerer, Matt McClain, Dan Quinn, Scott Cunningham, Chip Somodevilla, Mark Humphrey, John Amis, Joe Biden, Jill Biden, Adam Schultz, John Bazemore, Michael S, Williamson, Jason Carter, Evelyn Hockstein, Jimmy Carter's, there’s, aren’t, – Carter, Ronald Reagan –, CNN’s Eva Rothenberg, ” Regan, dismissively, gaslighting, “ Governor Reagan, Reagan empaneled, Alan Greenspan, Donald Trump’s, Kamala Harris Organizations: CNN, Social Security, Medicare, Carter, , Habitat, Humanity, Bettmann, Jimmy, AP, US Naval Academy, Democratic, Atlanta, Hulton, Democratic National Convention, Walnut, Theater, Ford, Getty Images, Department of Energy, West, Airlift, Camp, AFP, Getty, Democratic National Committee, White House, Ronald Reagan Library, Andrews Air Force Base, United Nations, Trinity Church, Summit, America's, Getty Images Cuban, University of Havana, Venezuelan, Department of Defense, Washington Post, White, Foreign, Korea University, North, South, Boston's Logan International Airport, Irish, Pyongyang University of Foreign Studies, Carter Center, Lincoln Memorial, Sunday School, Maranatha Baptist Church, Hurricane Relief, College, College Station ,, Secret Service, Atlanta Falcons, NFL, Former, The New York Times, Pew Research Center, Congressional Research Service, Security Locations: Cuba, Guinea, Iraq, Winnipeg, Canada, George H.W ., United States, Elk City , Oklahoma, Plains , Georgia, Atlanta, Georgia, New York, Washington, Philadelphia, Georgia's St, Florida, Panama, Vietnam, Berlin, Maryland, Egypt, Israel, Pennsylvania, Vienna, Austria, Los Angeles, Arab, Wiesbaden, West Germany, Iran, Pakistan, Afghanistan, AFP, New, Asan , South Korea, Havana, Oslo, Norway, Caracas, Venezuela, American, Connecticut, Boston, Maputo, Mozambique, DC, Ghana, Gaza, Seoul, South Korea, North Korea, Johannesburg, Jerusalem, Sheikh, Pyongyang, Chicago, College Station, College Station , Texas, Nashville , Tennessee, Plains
Karen Goracke is the CEO of the jewelry store Borsheims, a Berkshire Hathaway subsidiary. Goracke worked her way up from the store room, and Warren Buffett interviewed her for CEO. AdvertisementThis as-told-to essay is based on a transcribed conversation with Karen Goracke, CEO and President of Borsheims, about her career and working with Warren Buffett. I started working as a sales associate for Borsheims, a jewelry store in Omaha, in 1988 straight out of college. She had no idea Warren Buffett was standing next to her.
Persons: Karen Goracke, Goracke, Warren Buffett, Buffett, , Warren Buffett's Berkshire Hathaway, Borsheims, Berkshire Hathaway, I'd, Warren Buffet, We're, I'm, Warren, It's, That's, I've Organizations: Berkshire Hathaway, Service, Borsheims, Las, Berkshire Locations: Omaha, Berkshire, Nebraska, Switzerland , New York, Las Vegas
More than 100 were killed at a crocodile farm in Lamphun, northern Thailand, after a typhoon damaged their enclosure. More than 100 crocodiles were killed to prevent them from escaping after a typhoon damaged their enclosure in Lamphun, northern Thailand. Among the crocodiles killed was one named Ai Harn, the eldest male breeder and leader of the pack, at 4 meters (13 feet) long. Earlier this year, 60 Siamese crocodile eggs hatched in Cambodia, the largest recorded breeding event for the species this century. Thai crocodile farmer Natthapak Khumkad owns the biggest crocodile farm in the province of Lamphun, northern Thailand.
Persons: , Khumkad, Natthapak, , Yagi, Benjamin Horton, Hurricane Ian, CrocodileLamphun Natthapak, ” Natthapak, Pornthip Nualanong, Ai Harn, Pornthip, suckling, Natthapak Khumkad Organizations: Bangkok CNN, CNN, Observatory of, International Fund for Animal Welfare Locations: Bangkok, Lamphun, Thailand, China, Southeast Asia, Thailand’s, Observatory of Singapore ., Florida, Punta Gorda, Cambodia, Hong Kong
Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26, 2024. New World Developmen suspended trading of its shares in Hong Kong on Thursday morning. Shares of Hong Kong's New World Development surged following the resignation of Adrian Cheng, a member of the founding family. Hong Kong listed shares of the major development company traded 23% higher after trading resumed on Friday. New World's woes come as property pains continue to plague Hong Kong and mainland China.
Persons: Adrian Cheng, Cheng, Eric Ma Siu, Cheung, Alicia Garcia, Herrero, Hong Kong tycoons, China's Organizations: New, Hong, HK, Asia Pacific, CNBC, China's Locations: Hong Kong, China, Natixis, tycoons, Asia
Mark Cuban says Trump has turned the Republican Party into his own "family business." AdvertisementMark Cuban said former President Donald Trump has made the Republican Party his "family business." The former president has five children — Donald Trump Jr., Ivanka Trump, Eric Trump, Tiffany Trump, and Barron Trump. Lara Trump is a former TV news producer and has been a fixture in her father-in-law's political career. Cuban and representatives of Trump didn't immediately respond to a request for comment from Business Insider, sent outside business hours.
Persons: Mark Cuban, Trump, Kamala Harris, , Donald Trump, CNBC's, Cuban, David Tepper, Gary Gensler, Tepper, Gensler, we've, — Donald Trump Jr, Ivanka Trump, Eric Trump, Tiffany Trump, Barron Trump, Jared Kushner, Lara Trump —, Eric —, Lara Trump, Lara, MAGA, Donald Trump Jr, who's, Barron, Ross, Westcott, John Deere, Brian Tyler Cohen, Joe Biden, Harris Organizations: Republican Party, CNBC, Cuban, Service, GOP, SEC, Republican National, RNC, Trump, Team Publishing, Gen, Trump . Cuban, Democratic, Axios, Business Locations: Cuban, Mexico, American, Silicon
And, like thousands of Haitians, he chose to settle in Springfield, Ohio, where his brother lived and the surrounding community made him feel safe and welcome. “That’s hard.”Vilbrun Dorsainvil speaks to CNN in Springfield, Ohio. “There are concerns for our safety and future,” said Madet Merove, a Haitian immigrant and United Methodist pastor who lives in Springfield. But that’s changed, she said, with the increase of Haitian immigrants. But despite the threats, Dorsainvil said he has reason to hope.
Persons: Vilbrun Dorsainvil, Dorsainvil, , , fiancée, , you’ve, Donald Trump, specter, CNN ‘, Madet Merove, Mike DeWine, Andy Wilson, ” Wilson, Springfield, Springfield Mayor Rob Rue, ” “, Rue, Biden, Margery Koveleski, Bryan Heck, Sen, Sherrod Brown, Heck, I’m, Koveleski, she’s, that’s, we’re, That’s, , ” Corey Worden, Rachel Worden, Corey Worden, Trump, ’ ”, ” Dorsainvil Organizations: Springfield , Ohio CNN, CNN, Clark State College, United Methodist, Ohio Gov, FBI, ATF, Schools, Springfield Mayor, Springfield, Ohio Democrat, Patrol, , Job, Talent, Springfield “, Locations: Springfield , Ohio, Haiti, United States, Ohio, Springfield, Haitian, Clark County, Nicaragua, Venezuela, Cuba, Macy’s, Springfield’s, New York City,
But at Fox News, they gossip about the Murdochs, the family who controls Fox’s parent company. What will happen after patriarch Rupert Murdoch dies? Could Lachlan’s younger brother James Murdoch force Fox to take a progressive bent? Rupert Murdoch, 93, is seeking to amend the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Under the current terms, Lachlan, James, Elisabeth and Prudence Murdoch each have equal voting rights after their father dies.
Persons: Rupert Murdoch, Lachlan, James Murdoch, Fox, Murdoch, James Murdoch’s, , James, Fox’s, Biden, Kamala Harris, James ”, Donald Trump, Rupert, Elisabeth, Prudence Murdoch, Maureen Dowd, Rupert “, ” James, Prudence, Bill Barr Organizations: New, New York CNN, Fox News, Fox, Fox Corp, HBO, CNN, The New York Times, News Corp, Wall Street Journal, New York, Liberal, Trump Locations: New York, Nevada, Reno , Nevada, Reno
New York CNN —A Nevada judge has ruled that billionaire media mogul Rupert Murdoch and his family can hold a secret court battle over the future of his vast media empire behind closed doors. The judge rejected a petition by a coalition of media organizations, including CNN, The New York Times, NPR, the Washington Post, Reuters and ABC, to unseal the case and allow access. Though the Murdoch family is fighting over the trust and who will ultimately have control of the family businesses after the 93-year-old’s death, all of those involved agreed to sealing the case. But beyond that, everything in this case that it scheduled to begin next week with the Murdoch family likely in attendance, will remain sealed. Preston Padden, who worked closely with Rupert Murdoch to build Fox Broadcasting in the 1990s, blasted the family’s secrecy in the case.
Persons: Rupert Murdoch, Murdoch, , Preston Padden, , Padden, Brian Stelter Organizations: New, New York CNN, CNN, The New York Times, NPR, Washington Post, Reuters, ABC, New York Times, Fox News, Street Journal, Fox Broadcasting Locations: New York, Nevada
I'm the managing director and head of the Merrill Center for Family Wealth. But often, they aren't sure what success means to those people, perhaps because family members feel uncomfortable talking about it. How can I build my own personal identity, both within and outside the family wealth? Many rising generation members are concerned about how to carve out a path for themselves. When rising generation members interact with friends and colleagues, it can lead to uncomfortable questions about wealth and privilege.
Persons: , Valerie Galinskaya, we've, I've, We've Organizations: Service, Bank of America, Business, Merrill Center, Family Wealth Locations: New York City, San Francisco
Kevin O'Leary shared his approach to family members who ask him for cash. The "Shark Tank" investor gifts the money instead of lending it, and demands they never ask again. AdvertisementLending cash to family members can make things awkward, breed resentment, and even destroy relationships if they struggle to make payments or take the money and run. The "Shark Tank" star recently shared his personal policy in a video clip posted across his social media channels. Related storiesWhile family members should care for each other, "that doesn't extend to, 'Oh, I want to open a disco, I need $100,000,'" he noted.
Persons: Kevin O'Leary, O'Leary, , you've, It's, it's, I've Organizations: Service
The plot to topple Putin
  + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com   time to read: +32 min
But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.
Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, , Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia
New York CNN —A coalition of media organizations, including CNN, has petitioned a Nevada court to open up the secret proceedings surrounding a legal battle over the future of billionaire Rupert Murdoch’s media empire. Instead, Murdoch wanted to grant exclusive control to his eldest son and chosen successor Lachlan, according to The Times. But the entire process has been completely sealed in Nevada, with even the existence of the proceedings kept in secret. According to the Times, the trust only allows changes that are done in good faith with the purpose of benefiting all heirs. A trial to decide whether Murdoch is acting in good faith is expected to begin in September.
Persons: Rupert Murdoch’s, Murdoch, Lachlan, Organizations: New, New York CNN, CNN, New York Times, Associated Press, National Public Radio, The Washington Post, Reuters, Fox News, Street Journal, The Times, Fox Corporation, News Corporation, Times, redactions Locations: New York, Nevada, Australia
The couple’s lifestyle brand, Malbon Golf, had been swept into a social media storm by an eye-catching Masters outfit donned by ambassador and former world No. Nicolas Malinauskas/Malbon GolfStarsThe duo launched Malbon Golf in 2017, with Stephen’s anthropomorphic ball character “Buckets” taking center stage as the brand’s logo. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Warren Little / Getty Images Stephen Curry: The three-point king of the NBA is also a highly-proficient par-three shooter. Jamie Squire/Getty ImagesFor Malbon Golf, it is simply the latest step in its aim to “condition” the golf world into accepting new styles in the game.
Persons: Stephen, Erica Malbon, Jason Day, Erica, Frank151, , ’ ”, , ’ ” Stephen, Nicolas Malinauskas, it’s, ” Erica, “ We’re, — there’s, ” Stephen, , Jimmy Choo, Dre, Vince Sirico, Justin Timberlake, Travis Scott, Q, Justin Bieber, Bieber, , , That’s, ” Adam Sandler, Sandler, Gilmore, Shooter McGavin, Christopher McDonald, Al Messerschmidt, Michael Jordan, Davis, Jordan, Isaac Brekken, JT strutting, Matt Sullivan, Catherine Zeta, Jones, Michael Douglas, Douglas, Ross Kinnaird, Tom Brady, Brady, Aaron Rodgers, Josh Allen, Patrick Mahomes, Carmen Mandato, Orlando Ramirez, Jessica Alba, tross, Xaume Olleros, Niall Horan, There's, Tom Holland, Warren Little, Stephen Curry, Isaiah Vazquez, Celine Dion, René Angélil, Dion, Sam Levi, Miles Teller, Alice Cooper, Cooper, Kathryn Newton, Newton, Ezra Shaw, Sandy Young, Little, Tiger Woods, Oscar Wilde’s, Woods, Jamie Squire, Allen Iverson Organizations: CNN, “ City of Angels, , Nike, Prince, NBA, University of North Carolina, PGA, Chicago, NFL, Mission, Getty, Management, BMW PGA, Golden State Warriors, Clarkson Creative, Club, American, Tahoe, LPGA, Ryder, Celtic, Team, April’s, Augusta National Locations: Augusta , Georgia, Los Angeles, New York, “ City, Florida, British, Alba, Hainan, AFP, Irish, Terrebonne , Quebec, American, Celtic Manor, Wales, Augusta
When the media executive Edgar Bronfman Jr. submitted his last-ditch bid on Monday to take control of Paramount, his approach was greeted with surprise and skepticism. Who would take his unconventional coalition of investors seriously, especially when an $8 billion deal with Skydance was on the table? The bid has transformed Paramount’s sale into a battle of family dynasties. But the deal is now threatened by the bid from Bronfman — a grandson of the Seagram mogul Samuel Bronfman — whose early foray steering the family business into media several decades ago has left a cloud over his career. The son of one billionaire is now pitted against the son of another.
Persons: Edgar Bronfman Jr, Skydance, David Ellison, Larry Ellison, Shari Redstone, Bronfman, Samuel Bronfman —, , ” Terry Kawaja Organizations: Paramount, Oracle, Seagram, Luma Partners
This as-told-to essay is based on a conversation with Chanda Bell and her twin sister Christa Pitts, co-CEOs of The Lumistella Company. My identical twin Christa and I named our elf Fisbee. Chanda Bell's mom put an elf named Fisbee around the house, which eventually became the Elf on the Shelf. We tell each other whether we're acting as sisters or business partnersWe're business partners, but we're also sisters and best friends. Christa will say, "I just need to talk to my sister right now," or "I'm calling as a business partner."
Persons: Chanda Bell, Christa Pitts, Christa, Fisbee, Chanda Bell's, Chanda Bell Christa, we're, you've Organizations: Service, Lumistella, QVC, Publishers
It's also linked to the Walton family — the billionaire heirs to Walmart. AdvertisementThe ranch once had a recording studio that hosted musicians like Stevie Nicks and Billy Joel. Hall and HallIn addition to its ties to the famous family of billionaires, the history of Caribou Ranch also involves some music legends. The Caribou Ranch Recording Studio was even inducted into the Colorado Music Hall of Fame in 2017. Hall and HallThe ranch served as a basecamp for miners during the period, according to Hall and Hall.
Persons: , Elton John, It's, Walton, Sam Walton, Rob, Jim, Alice, Lukas, Stevie Nicks, Billy Joel, Rod Stewart Organizations: Service, Walmart, Hall, Business, Denver Post, Walton Enterprises, Street Journal, Bloomberg, Boys, Colorado Music Hall of Fame, of, Colorado Locations: Colorado, Nederland , Colorado, Boulder, Denver, Hall Boulder, Arkansas, Caribou, American
Read previewAn intrafamily battle that could have been pulled straight out of the page of Jesse Armstrong's "Succession" has been playing out behind the scenes for the future of Rupert Murdoch's vast media empire. Lachlan, who is sometimes seen as a parallel to Roman Roy, as Business Insider's Madeline Berg reported, would likely preserve the political leanings of the media empire once he takes over. AdvertisementMurdoch's decision to give Lachlan control of his media empire has left the patriarch estranged from his three eldest children, according to the Times. None of the three children attended Murdoch's wedding to Elena Zhukova in June at his California vineyard, according to the Times report. Elisabeth left the media empire years ago in 2000, while Prudence is said to be the least involved in the business.
Persons: , Jesse Armstrong's, Rupert Murdoch's, Rupert Murdoch, Lachlan Murdoch, Lachlan, — James, Elisabeth, Prudence —, Rupert, Roman Roy, Madeline Berg, James, Prudence, Murdoch, Elena Zhukova, Donald Trump Organizations: Service, Fox, News Corp, Fox News, Street Journal, The New, The New York Post, Business, The New York Times, Times, New Yorker Locations: The New York, Reno , Nevada, Nevada, California
CNN —The Murdoch family, famous for helming one of the world’s most influential news empires, is locked in a secret court battle over succession and control, according to a New York Times report citing sealed court documents. By granting control to only Lachlan, Murdoch is arguing in court, he is protecting the companies’ value – which then benefits all his heirs, according to The Times. He began learning the family business at a young age and rose quickly through the ranks. Rupert Murdoch with his sons Lachlan (left) and James (right) attending his wedding to Jerry Hall in London on March 5, 2016. While apparently considered the most similar to Rupert, Elisabeth has struggled to advance in the family business.
Persons: Murdoch, Rupert Murdoch, , Rupert Murdoch’s, – Lachlan, James, Elisabeth, Prudence –, Lachlan, , Prudence, Jerry Hall, Max Mumby, James –, Joe Biden’s, Kathryn, Rupert, Logan Roy, Jim Rutenberg, ” Rutenberg Organizations: CNN, New York Times, Fox Corporation, News Corporation, Street, New, New York Post, Forbes, Fox Corp, News Corp, The Times, Times, Lachlan, Fox News, Democratic, Republican Party, Disney Locations: New York, London, Australia,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA pilot calling himself a "free citizen" is accused of almost causing a midair crash after taking off in the direction of landing planes, federal investigators say. The federal indictment said that Marsan pointed his Piper Cherokee against the flow of landing air traffic. Statements like this are hallmarks of the Sovereign Citizen movement, according to the Anti-Defamation League, although the indictment has not identified him as such. In court, Marsan said that he didn't consider himself the defendant, according to the Anchorage Daily News.
Persons: , William Brian Marsan, Warren, Bud, Marsan, Piper, didn't, commenter Organizations: Service, FAA, Palmer, Airport, Business, Sovereign Citizen, Defamation League, Southern Poverty Law, Anchorage Daily News, Sound Aviation, Anchorage . Locations: Palmer , Alaska, Anchorage
Rupert Murdoch is locked in a secret legal battle against three of his children over the future of the family’s media empire, as he moves to preserve it as a conservative political force after his death, according to a sealed court document obtained by The New York Times. Mr. Murdoch, 93, set the drama in motion late last year, when he made a surprise move to change the terms of the Murdochs’ irrevocable family trust to ensure that his eldest son and chosen successor, Lachlan, would remain in charge of his vast collection of television networks and newspapers. The trust currently hands control of the family business to the four oldest children when Mr. Murdoch dies. Those three siblings — James, Elisabeth and Prudence — were caught completely off-guard by their father’s effort to rewrite what was supposed to be an inviolable trust and have united to stop him. Remarkably, the ensuing battle has been playing out entirely out of public view.
Persons: Rupert Murdoch, Murdoch, Lachlan, — James, Elisabeth, Prudence — Organizations: The New York Times
Read previewHGTV stars Mina Starsiak Hawk and her mom Karen E. Laine are returning to "Good Bones" months after Hawk went public about the strain in their relationship. On their HGTV series, "Good Bones," which premiered in 2016, Hawk and Laine renovate homes in Indianapolis, Indiana, through their company Two Chicks and a Hammer. The series quickly became popular on the network, as did its spinoff, "Good Bones: Risky Business." Mina Starsiak Hawk costars on "Good Bones." AdvertisementHGTV announced 'Good Bones' will be returning with a limited seasonOn Wednesday, HGTV announced a new season of "Good Bones" will premiere on HGTV on August 14, nearly a year after season eight premiered.
Persons: , Mina Starsiak Hawk, Karen E, Laine, Hawk, William, Tad, Jessica, Stephen, Jack, Julie, Mina, Laine —, I've, Rachel Luna, we're, Michael Kovac, Laine didn't, it's, Karen, we've, HGTV's, Karen E Laine Organizations: Service, HGTV, Business, CR, Business Insider, Indy Locations: Indianapolis , Indiana, Charlotte, Indianapolis, Wilmington , North Carolina
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