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☆ Jefferies CEO sold $65 million in stock to buy a yacht from a client
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht. AdvertisementJefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht. Handler sold 1.5 million shares, or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement. He has previously sold shares only for tax purposes and charity, the bank said. Investors often view executives' stock sales as a signal about lack of company confidence, so any sales are carefully messaged.

Persons: Rich Handler, Jefferies, Tilman Fertitta, Handler, — Organizations: Jefferies, Service, Financial Times, Houston Rockets, NBA, Lancadia Holdings Locations: Westport

☆ Landry's CEO Tilman Fertitta: Inflation is definitely coming under control, just not fast enough
▼ + stars: | 2024-04-10 | 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 EmailLandry's CEO Tilman Fertitta: Inflation is definitely coming under control, just not fast enoughLandry's CEO Tilman Fertitta joins 'Power Lunch' to discuss how he feels about inflation, what foot traffic is like at the CEO's stores, and more.

Persons: Tilman Fertitta

Jeff Landry has declared a state of emergency due to a police officer shortage. Landry's executive order issued Thursday lifts limits on how many new employees Louisiana sheriffs can hire and on payroll increases for their departments. Landry's order removes restrictions that state law places on hiring and payroll for a period of time following a gubernatorial election. Small towns, including in Maine, Texas and Ohio, have disbanded their police departments, turning over law enforcement work to county sheriffs, a neighboring town or state police. Earlier this month, Landry presented his first proposed state budget that included tens of millions in additional dollars for public safety.

Persons: Jeff Landry, Landry, “, Governor Landry, ” Michael Ranatza, George Floyd, ” Landry Organizations: —, — Louisiana GOP Gov, Louisiana Sheriffs ’ Association, Police, Research, Lawmakers, The Times, New, New Orleans Advocate Locations: BATON ROUGE, La, — Louisiana, Louisiana, Minneapolis . Small, Maine , Texas, Ohio, Washington, New Orleans

Jeff Landry on Thursday officially called for a highly anticipated crime-focused special legislative session that could overhaul the state's current criminal justice system, reversing hard-fought and historic reforms that happened under Landry's Democratic predecessor. I am eager to enact real change that makes Louisiana a safer state for all," Landry said in a statement. The special session is scheduled to begin Feb. 19 and must conclude by the evening of March 6. Landry, who served as the state's attorney general for eight years until he became governor, has repeatedly slammed Louisiana’s 2017 criminal justice overhaul. This will be Louisiana's second special session since Landry took office last month.

Persons: Jeff Landry, “, " Landry, Republican Landry, Landry Organizations: —, — Louisiana Gov, Democratic, Republican, Louisiana, Representatives, Federal Bureau of Investigation, GOP Locations: BATON ROUGE, La, — Louisiana, Louisiana, New Orleans, Black

NEW ORLEANS (AP) — The Louisiana Legislature's redrawn congressional map giving the state a second mostly Black district is being challenged by 12 self-described “non-African American” voters in a new lawsuit. At least one person, state Sen. Cleo Fields, a Black Democrat from Baton Rouge, has already said he will be a candidate in the new district. It is not clear how the lawsuit will affect that district or the 2022 litigation, which is still ongoing. Louisiana's Legislature drew a new map in 2022 that was challenged by voting rights advocates because only one of six U.S. House maps was majority Black, even though the state population is roughly one-third Black. As the case was appealed, the U.S. Supreme Court issued an unexpected ruling in June that favored Black voters in a congressional redistricting case in Alabama.

Persons: Sen, Cleo Fields, John Bel Edwards, Shelly Dick, Jeff Landry, Edwards, Garrett Graves, Landry's, Nancy Landry, David Joseph, Donald Trump Organizations: ORLEANS, American, Republican, Democrat, Louisiana's, ., U.S, Supreme, Black, Circuit, Appeals, Gov, GOP, Republicans Locations: Louisiana, Lafayette, Baton Rouge, Alabama, Shreveport, Black, Western

The gubernatorial election was decided in October when Jeff Landry, a Republican backed by former President Trump, won outright and avoided a runoff. Voters will cast ballots this weekend to determine the winners of a slew of other races, including three vacant, statewide offices: attorney general, secretary of state and treasurer. Democrats hope to gain a statewide office in the reliably red state as the GOP tries to retain its current offices. The secretary of state race will be closely watched after GOP incumbent Kyle Ardoin declined to seek reelection. Republican Landry is a former state representative from Lafayette and has worked in Ardoin’s office for four years.

Persons: Donald Trump, runoffs, Jeff Landry, Trump, didn't, Republicans “, ” Trump, John Fleming, Dustin Granger, Kyle Ardoin, Nancy Landry, Gwen Collins, Greenup, Republican Landry, Democrat Collins, Alice Lee Grosjean, Huey P, Long, State James Bailey, Landry, Liz Murrill, Joe Biden's, Lindsey Cheek, Cheek Organizations: —, Democratic, Republican, GOP, Republicans, Louisiana Republican Party, Democrat, Ardoin, State, of Elementary Locations: BATON ROUGE, La, Louisiana, Lake Charles, Lafayette, Baton Rouge

NEW ORLEANS (AP) — A 1992 federal court agreement that led to a Black justice being elected to Louisiana’s once all-white Supreme Court will remain in effect under a ruling Wednesday from a divided federal appeals court panel. Circuit Court of Appeals upholds a lower court ruling. It's a defeat for state Attorney General Jeff Landry, now Louisiana's governor-elect. Wednesdays ruling from 5th Circuit judges Jacques Wiener, nominated to the court by President George H.W. Bush, and Carl Stewart, nominated by President Bill Clinton, rejected Landry's move to overturn Morgan's decision.

Persons: Louisiana’s, Jeff Landry, Landry, Elizabeth Murrill, Susie Morgan, Jacques Wiener, George H.W, George H.W . Bush, Carl Stewart, Bill Clinton, Landry's, Kurt Engelhardt, Donald Trump Organizations: ORLEANS, U.S, Circuit, Republican, U.S . Justice Department Locations: George H.W .

☆ Jeff Landry wins Louisiana governorship, flipping the state for Republicans
▼ + stars: | 2023-10-15 | by ( Alexandra Marquez | ) www.cnbc.com time to read: +3 min

Louisiana Attorney General Jeff Landry testifies during the House Judiciary Select Subcommittee on the Weaponization of the Federal Government hearing on March 30, 2023. Democrats' two-term hold on the governorship of Louisiana will come to an end next year after Republican state Attorney General Jeff Landry won the seat Saturday by capturing a majority in an all-party primary. ET, running far ahead on a ballot that featured 16 candidates, including Democrats, independents and Republicans. The victory precedes two more red state governor's elections this fall, including one in which Republicans hope to flip a seat. He was also endorsed by Edwards, the state Democratic Party and Democratic Rep.

Persons: Jeff Landry, Landry, Andy Beshear, Tate Reeves, Shawn Wilson, Donald Trump, Wilson, Stephen Waguespack, John Bel Edwards, Trump, Sen, Bill Cassidy, Steve Scalise, Clay Higgins, Mike Johnson, Edwards, Troy Carter, Joe Biden Organizations: Federal Government, Republican, Associated Press, Democratic, Republican Gov, Democratic Gov, GOP, Democratic Party, Democratic Rep, Republican Governors Association Locations: Louisiana, Kentucky, Mississippi

☆ Watch CNBC's full interview with Landry's CEO Tilman Fertitta
▼ + stars: | 2023-06-06 | 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 EmailWatch CNBC's full interview with Landry's CEO Tilman FertittaTilman Fertitta, Landry's chairman and CEO, joins 'Last Call' to discuss the rising price of beef in the U.S., the state of the entertainment industry, the LIV golf partnership with PGA and more.

Persons: Tilman Fertitta Tilman Fertitta, LIV Organizations: PGA Locations: U.S

☆ There will be a huge drop in spending once student loan payments resume, says Landry's CEO Fertitta
▼ + stars: | 2023-06-06 | 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 EmailThere will be a huge drop in spending once student loan payments resume, says Landry's CEO FertittaTilman Fertitta, Landry's chairman and CEO, joins 'Last Call' to discuss the rising price of beef in the U.S., the state of the entertainment industry and more.

Persons: Fertitta Tilman Fertitta Locations: U.S

☆ Tilman Fertitta weighs in on health of consumer, latest investments
▼ + stars: | 2023-04-12 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTilman Fertitta weighs in on health of consumer, latest investmentsTilman Fertitta, Landry's Chairman & CEO, on the health of the consumer with CNBC's Melissa Lee and the Fast Money traders.

☆ Corporate spending likely to continue in 2023 amid recession fears, CFOs say
▼ + stars: | 2023-01-04 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

2023 is arriving with plenty of uncertainty, as recession prospects, continued inflation concerns, and the potential for a consumer spending pullback are all clouding forecasts. But corporate capital spending looks to continue to forge ahead, according to the results of the recent CNBC CFO Council Q4 survey. More than one-third of respondents said that they expect their company's capital spending to increase over the next 12 months, while 39% said their capital spending will stay about the same as last year. Peter Boockvar, chief investment officer at Bleakley Financial Group, said at the Summit that he views corporate capital spending going forward as "bifurcated." Roughly 65% of CFOs responding to the survey said they think inflation has already peaked, while more than 80% are already forecasting a recession for 2023.

☆ If you keep raising rates, companies aren't going to spend money on new projects, says Tilman Fertitta
▼ + stars: | 2022-12-30 | 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 EmailIf you keep raising rates, companies aren't going to spend money on new projects, says Tilman FertittaLandry's Chairman & CEO Tilman Fertitta joins Brian Sullivan and the 'CNBC Special: Taking Stock 2023' to discuss spending trends and what he sees from consumers in his businesses around the country.

I can often get Disney gift cards at a discountBuying gift cards at a discount means paying less for the gift card than the face value of the card. If you pay any amount less than $50 for a $50 gift card, then that's a discounted gift card. If I buy a $100 Disney gift card at Target each month, I'll have $1,200 after a year. However, if a customer does not have a Cash App Card, they can instead convert their gift card to cash in the app. While Costco doesn't sell Disney gift cards, they sometimes have Landry's gift cards, which can be used at the Rainforest Café and T-Rex Café at Disney World.

☆ Meet the megadonors backing the Trump super PAC as some top donors opt out of supporting 2024 candidacy
▼ + stars: | 2022-12-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Yet, the latest disclosure, which shows fundraising for the super PAC from Oct. 20 through Nov. 28, also lists nine other individual contributions totaling over $900,000. Wealthy businessman Timothy Mellon contributed $1.5 million to the super PAC on Oct. 5, according to the records. This small group of megadonors arrived in support of the super PAC just prior to other influential financiers deciding they will not back Trump's 2024 candidacy for president. During Trump's first run for the White House in 2016, Pate financed the anti-Trump super PAC We The People Foundation. Anthony Lomangino, a recycling mogul, donated $100,000 to the super PAC on Nov. 4.

☆ The masses are still out there spending, says Landry's Fertitta
▼ + stars: | 2022-11-23 | 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 EmailThe masses are still out there spending, says Landry's FertittaLandry's Chairman & CEO Tilman Fertitta joins Brian Sullivan and the 'CNBC Special: Taking Stock' to discuss the health of the consumer as we head into the holiday season.

☆ 3 takeaways from our daily meeting: Retail stocks, trimming positions, Qualcomm and Wynn
▼ + stars: | 2022-10-31 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Retail stocks to watch Trimming 3 positions Quick mentions: QCOM, WYNN 1. Meanwhile, investor Tilman Fertitta has taken a 6.1% stake in Wynn Resorts (WYNN), according to a Securities and Exchange Commission filing. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Compare the Chase Sapphire cards Chase Sapphire Preferred® CardChase Sapphire Reserve® Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Apply now On Chase's website Apply now On Chase's websiteThe Chase Sapphire Preferred® Card and Chase Sapphire Reserve® got makeovers last year, adding new or improved bonus categories and additional benefits. Neither card got an annual fee increase: You'll still pay $550 per year for the Chase Sapphire Reserve® and $95 for the Chase Sapphire Preferred® Card. While the Chase Sapphire Preferred® Card costs only $95 a year, the Chase Sapphire Reserve® has an annual fee of $550. The Chase Sapphire Preferred® Card fee is $95, while the Chase Sapphire Reserve® fee is $550.

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