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CNN —Former first lady Melania Trump posted a new video on social media Wednesday defending her previous nude modeling work as she promoted her new book. “Why do I stand proudly behind my nude modeling work? A spokesperson for the former first lady did not immediately respond to questions about what media scrutiny Melania Trump was referring to or whether the photographs had received recent attention. The former first lady’s forthcoming memoir, titled “Melania,” is set to hit shelves in October, according to Skyhorse Publishing. His numerous business ventures also included a modeling agency called Trump Model Management; it was closed shortly after he took office in 2017.
Persons: Melania Trump, , Donald Trump, Donald Trump’s, Ivana Zelníčková, Marla Maples, Trump, Barron, John Paulson, CNN’s Jackie Wattles Organizations: CNN, Skyhorse Publishing, New York Post, , EB, Washington Post, Trump Model Management, White, Republican National Convention, Secret, Trump Locations: British, Slovenian, United States, Florida, Milwaukee, Pennsylvania, New York
The Trump-supporting hedge fund billionaire criticized Harris' tax plans on a Fox Business segment. Paulson said a proposed tax on unrealized gains would "could mass selling of almost everything." AdvertisementBillionaire hedge fund manager and Trump donor John Paulson told Fox Business that he will sell his stocks if Kamala Harris wins the presidency in November. Paulson was particularly focused on Harris' proposal to levy a 25% tax on unrealized gains for individuals worth more than $100 million. AdvertisementBillionaire Mark Cuban took to X, formerly Twitter, to compare how businesses would do between Harris' tax policy and Trump's plans for broad-sweeping tariffs, concluding that Harris would offer more in after-tax profit.
Persons: John Paulson, Kamala Harris, Harris, Paulson, , I'd, Kent Smetters, Donald Trump, Mark Cuban Organizations: Trump, Fox, Service, Billionaire, Fox Business, Penn Wharton Budget, Business, Biden, Jobs, Republican
Bausch + Lomb parent company Bausch Health is spinning off the eye-care company with an upcoming IPO which will list on the New York Stock Exchange and TSX with the ticker symbol “BLCO”. This would greatly benefit BLCO stockholders, of which Bausch Health is the largest. As an 88% owner of BLCO, Bausch Health's value derived from such a sale would be $12.32 billion. Adding the value of the proceeds from BLCO sale, the Xifaxan cash flows and RemainCo yields a total value of $25.93 billion for Bausch Health. After subtracting 100% of the Bausch Health debt, that would yield an equity value of $10.49 billion or $28.19 per share.
Persons: Bausch, Scott Olson, Richard Mulligan, John Paulson, Brett Icahn, Steven Miller, Carl Icahn, BLCO, Goldman Sachs, Bausch Health's, Peers, InMode, Takeda, Gary Hu, Brent Saunders, Ken Squire Organizations: Bausch Health, New York Stock Exchange, TSX, U.S . Securities, Exchange, Financial Times, Cooper Companies, BLCO, Products, Takeda Pharmaceuticals, Ironwood Pharmaceuticals, Health, 13D Locations: CHICAGO , ILLINOIS, Chicago , Illinois, BLCO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohn Paulson: U.S. needs 'strategic tariffs' to raise revenue to reduce deficit & support industriesJohn Paulson, founder of Paulson & Co. and trader behind the "greatest trade in history" betting against the 2007 housing market, joins CNBC's 'Money Movers' to discuss his outlooks on the economic plans of each presidential candidate, how the U.S. should confront China, and more.
Persons: John Paulson Organizations: Paulson & Co Locations: U.S, China
"I think if they implement those policies, we'll see a crash in the markets, no question about it." Meanwhile, Harris previously endorsed the tax increases proposed by Biden that include a 25% tax on unrealized gains for households worth at least $100 million, known as the billionaire minimum tax. However, people close to the Harris campaign, including investor Mark Cuban, have said she has no interest in taxing unrealized gains and there are doubts if any such plan could make it through Congress. The 68-year-old investor believes the economy could quickly tip into a recession as well if the specific plan to tax unrealized gains were to be implemented. The investor also said the lower taxes would spark economic gains that help raise revenues and close the deficit gap.
Persons: John Paulson, Donald Trump, Kamala Harris, Paulson, Sara Eisen, Joe Biden, Harris, Biden, Mark Cuban, , Trump Organizations: Democratic, Trump, CNBC
Billionaire investor and hedge fund veteran John Paulson said Friday that he would like to see the Federal Reserve start big with its rate cuts. The central bankers seem to be deciding between a cut of 25 basis points or 50 basis points. One asset class that often rises when the Federal Reserve cuts rate is gold, and Paulson is a longtime bull on the yellow metal. Paulson is a veteran figure in the hedge fund world and is perhaps most famous for betting against the housing market ahead of the 2007 crash. Paulson announced in 2020 that he was converting his hedge fund into a family office.
Persons: John Paulson, Paulson, Donald Trump, Kamala Harris, Treasurys Organizations: Federal Reserve, Paulson, Co, Mines, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHedge fund billionaire John Paulson says market would 'crash' under Harris tax plansJohn Paulson, founder of Paulson & Co. and trader behind the "greatest trade in history" betting against the 2007 housing market, joins CNBC's 'Money Movers' to discuss market outlooks, how to position under a Harris or Trump presidency, and more.
Persons: John Paulson, Harris Organizations: Paulson & Co, Trump
Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.
Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee
CNN —Former first lady Melania Trump has begun inching more back into the political spotlight on the final few months of the 2024 presidential campaign with a series of politically pointed social media videos. The memoir itself is an exception to a pattern Melania Trump has largely stuck to for the 2024 presidential cycle, as former President Donald Trump has been running to become president again. At the Republican National Convention, Melania Trump did not deliver a speech but appeared on stage during the final night of the convention. “This morning, ascend above the hate, the vitriol, and the simple-minded ideas that ignite violence,” Melania Trump wrote in the July 14 statement. Even so, Melania Trump herself has repeatedly described herself as a private person.
Persons: Melania Trump, , , Trump, Donald Trump, John Paulson, Tricia McLaughlin, ” McLaughlin, Melania, Barron Organizations: CNN, Republican National Convention Locations: America, Mar, Florida, New York, Butler , Pennsylvania
So it is noteworthy that Democratic and Republican leaders both appear to want to establish a sovereign wealth fund to help the United States pay for stuff. Saudi Arabia's Public Investment Fund, which manages about $925 billion in assets, reported a $36.8 billion profit for 2023, according to Reuters. This isn't the first time Washington has toyed with the idea of a sovereign wealth fund. Last March, a group of bipartisan lawmakers led by Sen. Angus King and Sen. Bill Cassidy began discussing a sovereign wealth fund to pay for Social Security. The White House's interest in a sovereign wealth fund stems partly from its desire to compete with China, which has multiple state-owned funds itself.
Persons: , Joe Biden, Jake Sullivan, Daleep Singh, Biden, Donald Trump, LIV Golf, Sen, Angus King, Bill Cassidy, Mitt Romney, John Paulson, Larry Summers Organizations: Service, Democratic, Republican, National, Bloomberg, Business, White, Economic, of New, Fund, Reuters, Norges Bank Investment Management, Saudi Arabia's Public Investment Fund, Blackstone, LIV, Social Security, America, Bloomberg Television Locations: United States, of New York, Saudi Arabia, Norway, Norway's, PIF, Heathrow, American, Washington, China
Robert Downey Jr. is deep in rehearsals for his Broadway debut next month as an A.I.-obsessed novelist in “McNeal.” Next spring, George Clooney arrives for his own Broadway debut in “Good Night, and Good Luck,” and Denzel Washington returns, after a seven-year absence, to star in “Othello” with Jake Gyllenhaal. Then comes an even more surprising debut: Keanu Reeves plans to begin his Broadway career in the fall of 2025, opposite his longtime “Bill & Ted” slacker-buddy Alex Winter in “Waiting for Godot,” the ur-two-guys-being-unimpressive tragicomedy. Broadway, still adapting to sharply higher production costs and audiences that have not fully rebounded since the coronavirus pandemic, is betting big on star power, hoping that a helping of Hollywood glamour will hasten its rejuvenation. Even for an industry long accustomed to stopovers by screen and pop stars, the current abundance is striking.
Persons: Robert Downey Jr, , , George Clooney, Denzel Washington, Jake Gyllenhaal, Keanu Reeves, Ted ” slacker, Alex Winter Organizations: Broadway Locations: “ McNeal, Hollywood
AdvertisementSome locals and business owners were quick to encourage tourists to return, citing the importance of tourism to the island's economy. According to the Maui Economic Development Board, around 70% of every dollar in Maui County is generated, either directly or indirectly, by the tourism industry. Tourism numbers from June 2024 show that nearly a year on, visit numbers had yet to return to their pre-fire levels. Tourists are still encouraged to act responsibly when they visit Maui, and there are opportunities to donate or help out with Lahaina recovery efforts. Shank said the Four Seasons is also encouraging tourists to actively get out and support the island during their visit.
Persons: , Ben Shank, Shank, " Shank, Lisa Paulson, Paulson, Smith Organizations: Service, Business, Maui Economic Development Board, Hawaii Department of Business, Economic, Tourism, Hawaii State Rural Health Association, Lodging Association, Travel Locations: Maui, Lahaina Town, Maui County, Lahaina, Hawaii, cabanas, Europe, Hana
Wall Street careers are notoriously grueling and littered with politicking and jockeying to climb the ranks. AdvertisementNow, these six partners are looking back on their own rise, offering words of wisdom from their own Wall Street origin stories. At Goldman Sachs, the core of who we are in investment banking is M&A. Gene Sykes, cochairman of global M&A and global TMT:Gene Sykes Courtesy of Goldman SachsThe market for M&A advice has evolved over time. Are you a Goldman Sachs or Wall Street insider?
Persons: Goldman Sachs, Alison Mass, Stephan Feldgoise, Dan Dees, Hank Paulson, Tim Ingrassia, Alison, Goldman, Peter Weinberg, Gene Sykes, It's, Mark Sorrell, John Thornton, John Waldron, Karen Cook, Yoel Zaoui, Gregg Lemkau, it's, Jennifer Kopylov, Reed Alexander Organizations: Service, Wall, Partners, Business, US Treasury, Street, Goldman Locations: New York City, London, New York, Europe, American
How Elon Musk Chose Trump
  + stars: | 2024-07-18 | by ( Theodore Schleifer | Ryan Mac | ) www.nytimes.com   time to read: +1 min
A little over two months ago, Elon Musk found himself at Montsorrel, the palatial Palm Beach compound of Nelson Peltz, the famed activist investor. Mr. Musk knew the sprawling grounds well, having stayed in the guesthouse. But Mr. Musk had a darker message that spring day. Mr. Trump had to win, Mr. Musk said. Tesla, his electric car company, barely advertises, he said, but had still built a cult following through word of mouth.
Persons: Elon Musk, Nelson Peltz, Musk, Peltz, Steve Wynn, John Paulson —, Biden, Trump, Tesla Organizations: Las Locations: Montsorrel, Las Vegas, America
Brooke Shields has a new office. It’s empty, and she hasn’t figured out how she wants to furnish it, or even how often she’ll be there, but it’s a sign of her new and unexpected status, as president of Actors’ Equity Association, the labor union representing theater actors and stage managers in the United States. She’s already led her first meeting of the union’s council, and came away realizing she has a lot to learn, starting with parliamentary procedure. Shields, of course, is one of those people who has been famous for so long, and in so many ways, that even she can’t remember a different time. She was a childhood model, a preteen movie star, a sex object and an icon of beauty, all before she went off to college (Princeton, thank you very much).
Persons: Brooke Shields, hasn’t, Kate Shindle, She’s, Shields Organizations: ’ Equity Association, Princeton Locations: United States, union’s
Second Stage Theater, one of the four nonprofit organizations with Broadway houses, on Thursday named a new artistic director as the sector braces for a wave of leadership turnover. Founded in 1979 and distinguished by its commitment to presenting work by living American writers, Second Stage said that its board had chosen Evan Cabnet as its next artistic director. Cabnet is currently the artistic director of LCT3, Lincoln Center Theater’s program for emerging writers, directors and designers. Second Stage owns Broadway’s smallest house, the 600-seat Hayes Theater. The organization currently has 47 staffers and an annual budget of $27 million; this season it is planning to stage two Broadway shows, two Off Broadway shows and a Next Stage Festival for early-career work.
Persons: Evan Cabnet, Cabnet, Carole Rothman, Tony Organizations: Broadway, Lincoln Center, Pulitzer, Hayes, Pershing, Signature Locations: Riverside
Overall, Mr. Trump was a daunting $100 million behind Mr. Biden at the start of April. And for the first time, Mr. Trump’s principal campaign committee had more cash than Mr. Biden’s: $116.5 million to $91.6 million. report does not translate to boots on the ground tomorrow,” Dan Kanninen, Mr. Biden’s battleground states director, said in an interview. So far, Mr. Biden has enjoyed a tremendous advertising advantage over Mr. Trump. Hopefully that changes as we get even closer.”For now, Mr. Biden is racing to replenish his coffers in June.
Persons: Donald J, Trump, Biden, outpacing, Trump’s, , Brian Derrick, ” Mr, Timothy Mellon, “ What’s, Dan Kanninen, Donald Trump, ” Steven Cheung, Mr, Joe, President Trump, Cheung, Jimmy Kimmel, Barack Obama, Erin Schaff, Nikki Haley, Haley’s, John Paulson, Stephen A, MAGA, Rufus Gifford, Mitt Romney, Barack Obama’s, Jon Reinish, He’s, Obama, Terry McAuliffe, Bill Clinton, — Andy Beshear, JB Pritzker, Gretchen Whitmer Organizations: Mr, Democratic National Committee, Republican National Committee, Trump, Biden, Democratic, Republican, The New York Times, Blackstone, Make, Inc, MAGA Inc, Hollywood, Illinois Locations: New York, Los Angeles, Trump’s Florida, Mar, AdImpact, Pennsylvania, Georgia, Virginia, Kentucky, Michigan, Atlanta
“Had to do something crazy — it’s my hometown!” Keys said as the cameras followed her walking out of the auditorium at the David H. Koch Theater in Lincoln Center. A video screen onstage cut to Jay-Z, the Brooklyn-born rapper and mogul, as he performed from the curved marble staircase just outside the auditorium. Keys was seen joining him. There was a reason Jay-Z never appeared on the Tonys stage except in video form, though. (New York Magazine reported earlier that the segment had been pretaped.)
Persons: Alicia Keys, , ” Keys, David H, Keys, Jay Organizations: Jay, of, Koch, Lincoln Center, New York Magazine Locations: New York City, Brooklyn
The actress Kara Young stood surrounded by admirers inside David Geffen Hall at Lincoln Center around 1 a.m. on Monday morning, fielding a swarm of well-wishers after winning her first Tony Award, for featured actress in the comedy “Purlie Victorious.” Her older brother hovered close by and periodically fanned out the train of her lime chiffon dress. Branden Jacobs-Jenkins, the 39-year-old playwright who penned the night’s best play revival, the searing family drama “Appropriate” — and a fellow first-time Tony winner — was next in line to compliment Ms. Young and her gown from the designer Bibhu Mohapatra. “This is a forever iconic Tonys look,” Mr. Jacobs-Jenkins told the actress. “When we’re like 70 years old, they’re going to show you in this.”
Persons: Kara Young, David Geffen, Tony, , Branden Jacobs, Jenkins, , Ms, Young, Bibhu Mohapatra, Mr, Jacobs, Organizations: David Geffen Hall, Lincoln Center
Tonight’s Tony Awards ceremony will celebrate the best work on Broadway. Here are some things I’ve been thinking about as this awards season unfolded:Nonprofit theaters are struggling. Short of money, nonprofit theaters around the country are staging fewer shows, shedding jobs, and in a few cases, closing. Among plays, “Jaja’s African Hair Braiding,” “Mary Jane,” and “Prayer for the French Republic” were all staged on Broadway by the nonprofit Manhattan Theater Club. (“Mary Jane” had an earlier Off Broadway run at another nonprofit, New York Theater Workshop.)
Persons: Tonight’s Tony, They’re, Tony, , ” “ Mary Jane, , Republic ”, “ Mary Jane ” Organizations: Nonprofit, Broadway, Manhattan Theater Club, New York Theater Workshop, Playwrights Horizons Locations: Republic
ETImage “The Outsiders,” choreographed by the brothers Rick and Jeff Kuperman, is one of five shows to be nominated for best choreography. Credit... Sara Krulwich/The New York TimesIn the Broadway musical adaptation of “The Outsiders,” something shocking keeps happening. Sometimes, escaping naturalism, they embody the emotions of the main characters, amplifying the internal. In “Illinoise,” choreographed and directed by Justin Peck, all the characters are dancers, mutely dancing out the scenarios and tender emotions of a Sufjan Stevens album performed live. Accordingly, the choreography takes on most of the responsibility for storytelling, making it the most ambitious nominee — though that doesn’t necessarily mean it’s the best.
Persons: , Rick, Jeff Kuperman, Sara Krulwich, Jesse Robb, Shana Carroll, Annie, Camille A . Brown, they’re, Illinoise, Justin Peck, Stevens Organizations: New York Times, Broadway
From pop culture reunions to first-time winners, here are some highlights from this year’s Tony Awards. Daniel Radcliffe, Sarah Paulson and more win their first-ever Tony awardsIt was a magical night for “Harry Potter” star Daniel Radcliffe and other first-time winners. Radcliffe’s co-star Jonathan Groff also won his first-ever Tony in the best performance by an actor in a leading role category. “Succession” star Jeremy Strong and Kecia Lewis, who in her speech reflected on her 40-year journey to the Tony stage, were also among the first-time winners. Hinton’s 1967 novel, won four Tonys on Sunday, including the coveted best musical award.
Persons: Tony, Tony Awards, Daniel Radcliffe, Sarah Paulson, “ Harry Potter ”, Radcliffe, , Radcliffe’s, Jonathan Groff, Groff, ” Sarah Paulson, nabbing, ” Paulson, Holland Taylor, Jeremy Strong, Kecia Lewis, Jay, Alicia Keys, Keys, ” Keys, , Angelina Jolie, Vivienne, Danya Taymor, Jolie, ” Lewis, Hillary Clinton, Malala Yousafzai, Shaina Taub, ” Clinton, Clinton Organizations: CNN, of, New, Broadway Locations: New York City, That’s
Thanking Jacobs-Jenkins in her acceptance speech, Paulson said: “I will never be able to convey my gratitude to you for trusting me, for letting me hold the hand of Toni Lafayette, a woman you have written who makes no apology, who isn’t begging to be liked or approved of but does hope to be seen.”Though Paulson has found fame in television series like “American Horror Story” and “The People v. O.J. Simpson: American Crime Story” — winning an Emmy for her performance as the prosecutor Marcia Clark — her career has roots in theater. And she was exposed to Broadway early on. After she moved to New York City as a child, her mother worked as a waitress at Sardi’s, a Broadway haunt that just so happens to be next door to the theater where “Appropriate” opened in December. Paulson’s first job out of high school was as an understudy on Broadway for Amy Ryan in “The Sisters Rosensweig.” (Ryan, who starred in the play “Doubt,” was also nominated in the leading actress category this year.)
Persons: Jacobs, Jenkins, Paulson, , Toni Lafayette, O.J, Simpson, ” —, Marcia Clark —, Paulson’s, Amy Ryan, , Ryan, Jessica Lange, Rachel McAdams, Mary Jane, ” Betsy Aidem, Cherry Jones, ” Paulson, Jones Organizations: Broadway Locations: New York City, Sardi’s, French Republic
The Tony recognizes Groff’s empathetic portrayal of Franklin Shepard, a Juilliard-trained composer who jettisons his youthful idealism, his stage career and his co-writer to become a successful film producer. Groff uses his considerable charm to give the character, who can seem like a sellout, more depth, and in the process has helped make the musical, which was a notorious flop in 1981, into a huge hit this time around. (Another key factor: One of Groff’s co-stars is Daniel Radcliffe, of “Harry Potter” fame.) Groff’s performance, which is the scaffolding on which the production is constructed, was widely praised by critics. Jesse Green, writing in The New York Times, described Groff as “thrillingly fierce,” and said “Groff, always a compelling actor, here steps up to an unmissable one.” And Charles McNulty, writing in The Los Angeles Times, said, “The key to making this work — which is to say making us care — is the performance of Groff, who humanizes Frank’s choices without sentimentalizing his arc.”
Persons: Jonathan Groff, Tony, Sven, Disney’s, , King George, Franklin Shepard, Groff, Groff’s, Daniel Radcliffe, Harry Potter ”, Jesse Green, , “ Groff, Charles McNulty Organizations: Broadway, Juilliard, New York Times, Los Angeles Times Locations: “ Hamilton
Daniel Radcliffe is one of the world’s most famous actors. But he’s never won a major award. Radcliffe won the Tony Award for best performance by an actor in a featured role in a musical, for his work in the smash hit revival of “Merrily We Roll Along.” The show is Radcliffe’s fifth on Broadway, but the first for which he was even nominated for a Tony, despite mostly admiring reviews all along the way. Radcliffe, 34, will forever be known as the actor who played the title wizard in all eight “Harry Potter” films. In “Merrily,” Radcliffe plays Charley Kringas, a lyricist-turned-playwright whose long friendship and collaboration with a talented composer (a character named Franklin Shepard, played by Jonathan Groff) has imploded.
Persons: Daniel Radcliffe, he’s, Radcliffe, Tony, Harry Potter ”, Merrily, ” Radcliffe, Charley Kringas, Franklin Shepard, Jonathan Groff Organizations: Broadway, Radcliffe
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