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☆ Side-by-side images from the James Webb and Hubble space telescopes show why NASA spent 25 years and $10 billion on the Webb
▼ + stars: | 2024-09-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewNASA's James Webb Space Telescope floored astronomers and spectators across the globe when it released its first full-color images. Even those preliminary snapshots revealed countless stars, galaxies, and fine details that hadn't been seen before. A side-by-side collage of the same area taken by Hubble and the James Webb Space Telescope in its very first image. In the JWST image, you can see galaxies in the background that were invisible to HubbleA few galaxies that are clearly visible in the JWST image, but not the Hubble image. The JWST image also revealed the stellar nurseries created as galaxies mergeThe JWST image shows a region of gas compressed between merging galaxies.

Persons: —, James Webb, Webb, Joseph DePasquale, JWST, hadn't, Eric Smith, Hubble, STScI Webb, Mark McCaughrean, McCaughrean, Amber Straughn, Jane Rigby, we've Organizations: Service, Business, NASA, ESA, CSA, Hubble, James Webb Space, Hubble Heritage, European Space Agency Locations: JWST

☆ Steve Kornacki shares that his mom, Anne, has died
▼ + stars: | 2024-09-18 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +2 min

NBC News’ Steve Kornacki announced that his mom, Anne B. (Ramonas) Kornacki, has died. (Ramonas) Kornacki, 1947-2024,” he simply wrote in an X post. The obituary described Anne B. Kornacki as a native of Waterbury, Connecticut, and a “devoted wife, mother, grandma and sister.”According to the obit, Anne B. Kornacki, died “unexpectedly” on Friday, Sept. 13 at Midcoast Hospital in Brunswick, Maine, surrounded by her family. The couple welcomed two children, Steve Kornacki and Katie Kornacki, and later opened a bed and breakfast.

Persons: Steve Kornacki, Anne B, “, ”, I’m, Casey, “ Anne B, Kornacki, Stephan J, Katie Kornacki, Steve, Grandma, ” Anne Kornacki, Brian Duffy Organizations: NBC, Midcoast Hospital Locations: Waterbury , Connecticut, Brunswick , Maine, Brunswick

☆ The Global Alliance for Responsible Media is 'discontinuing' after Elon Musk's X filed an antitrust lawsuit against it
▼ + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Read previewThe advertising trade group The World Federation of Advertisers told its members on Thursday that it was "discontinuing" activities for its Global Alliance for Responsible Media initiative following an antitrust lawsuit filed by Elon Musk's X against the company earlier this week. This story is available exclusively to Business Insider subscribers. AdvertisementRepresentatives for the WFA and GARM didn't immediately respond to requests for comment from Business Insider. The platform's lawsuit alleged that after Musk acquired Twitter in 2022, GARM persuaded top brands not to advertise on it. The Committee has been investigating whether GARM members illegally colluded to demonetize conservative platforms and voices.

Persons: —, Elon Musk's, Stephan Loerke, Loerke, GARM, colluded, Ørsted, GARM didn't, Linda Yaccarino, wasn't, Musk, Jim Jordan, Russell Dye, Rumble, X didn't Organizations: Service, Federation, Global Alliance, Responsible Media, WFA, Business, Twitter, Unilever, Mars, CVS, WPP Locations: Texas, US, Ohio

☆ 6 top Goldman dealmakers, from Dan Dees to Gene Sykes, reflect on their careers at the investment bank, from junior banker to partner
▼ + stars: | 2024-08-01 | by ( Reed Alexander | ) www.businessinsider.com time to read: +12 min

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

☆ Euro 2024: Defending champion Italy knocked out by Switzerland in last 16
▼ + stars: | 2024-06-29 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Reigning champion Italy was knocked out of Euro 2024 in the last 16 after Switzerland produced a stunning upset to win 2-0 on Saturday at the Olympiastadion in Berlin. Swiss supporters didn’t have to wait long after the break for a second goal – only 27 seconds to be exact. Italy’s continued sloppiness on the ball carried over into the second half, immediately giving the ball away from it’s own kickoff. While Switzerland deservedly advanced, it was an uncharacteristically out-of-sorts performance for Italy, who’s defense of its title ends in the first knockout game of the tournament. Italy’s defeat means that the reigning champion has been eliminated in the round of 16 at the last three Euros.

Persons: Remo Freuler, Ruben Vargas, Murat Yakin’s, Freuler, Gianluigi Donnarumma, didn’t, Italy’s, Vargas, Ronny Hartmann, Riccardo Calafiori –, Gianluca Mancini, Breel, Stephan El Shaarawy, Manuel Akanji, Vargas vies, Italy's Gianluca Mancini, Karina Hessland, Reuters Italy’s, Ricardo Rodriguez, Fabian Rieder, Luciano Spalletti’s, Fabian Schär invertedly, Yann Sommer, Matthias Schrader, Federico Chiesa, Mattia Zaccagni, Gianluca Scamacca’s, Nicolò Fagioli Organizations: CNN — Reigning, Italy, Switzerland deservedly, Getty, Swiss, Reuters, BBC, AP Locations: Switzerland, Berlin, Italy, Vargas, England, Slovakia, Swiss, AP Italy

☆ With signs of an M&A comeback, Goldman Sachs' bankers are raring to win. Do they still have what it takes following a raft of partner exits?
▼ + stars: | 2024-06-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +13 min

AdvertisementDavid Solomon Goldman SachsPressure-cooker cultureWith signs suggesting mergers and acquisitions could soon return — including the megadeals Goldman specializes in — the firm's dealmakers are itching to end 2024 on a high note. In M&A, Goldman has fallen to No. AdvertisementMark Sorrell Goldman SachsGoldman is also seeking to become more interconnected across its business lines via the One Goldman Sachs program. "They figure that if they're talking to one person at Goldman Sachs, they're talking to everybody." The result, bankers said, is an M&A machine built to withstand threats like star dealmakers leaving for more-nimble rivals.

Persons: —, Goldman Sachs, Bill Quinn, Goldman, Jacki Zehner, Rishi Bali, Hank Paulson, John Thornton, John Thain, David Solomon, Solomon, Dan Dees, What's, David Solomon Goldman Sachs, Gene Sykes, Alison, It's, LSEG, dealmaking, Goldman dealmakers, Momo Takahashi, We've, Mark Sorrell, Mark Sorrell Goldman Sachs Goldman, Sykes, they're, Sorrell, Dees, it's, Dan Dees Goldman Sachs, we're, John Waldron, Kim Posnett, that's, Timothy Ingrassia, Ingrassia, Stephan Feldgoise, I'm, Reed Alexander Organizations: Service, Business, Goldman, JPMorgan, playbook Bank, Wall Street, Competition, & $ Locations: Silicon Valley, London, New York City, Latin America

☆ Five things you probably didn’t know about the biggest art heist in history
▼ + stars: | 2024-05-19 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +8 min

On March 18 1990 the museum fell prey to history’s biggest art heist. Here are five things that make the Isabella Stewart Gardner Museum, and its famous theft, so interesting. Sean Dungan/Courtesy Isabella Stewart Gardner Museum, BostonWhy commit history’s greatest art heist and leave without the priciest piece in the museum? John Wilcox/Boston Herald/Getty ImagesWhy would “Corsican mobsters,” as CNN correspondent Randi Kaye described them in the programme, be interested in robbing a Boston art museum? “That’s how these things get stolen.”How It Really Happened’s “Gardner Art Heist: Stealing Beauty” premieres on CNN Sunday 19 May, at 9pm ET/PT.

Persons: ”, Andy Warhol’s, Frida Kahlo’s, Isabella Stewart Gardner, Vermeer, Rick Abath, Gardner, ” Stephan Kurkjian, ” Gardner, Julia Ward Howe, Ethel Smyth, Emmeline Pankhurst, Smyth, John Singer Sargent, Gardener, Mona Lisa, Titian, theives, Sean Dungan, Napoleon, Rembrandt, Bob Wittman, John Wilcox, Randi Kaye, ” Kaye, ” Kelly Horan, Myles Connor, —, theif Myles Connor, George Rizer, Connor, Al Dotoli, Frank Sinatra, Liza Minelli, Dotoli, Dionne Warwick —, ” Horan, “, Ryan McBride, ” Wittman, “ Gardner Organizations: CNN, The Museum, Modern Art, Salvador, Isabella Stewart Gardner Museum, 9P, Boston, Boston Symphony Orchestra, Red Sox, Boston Globe, Storm, FBI, Museum of Modern, Art, Boston Herald, Boston’s Museum of Fine Arts, Getty Locations: New York, Boston, America, Red, Europa, London, Galilee, Corsica, Nice, Corsican, Maine

☆ ‘Babes’ Review: Adulting, With Babies
▼ + stars: | 2024-05-16 | by ( Alissa Wilkinson | ) www.nytimes.com time to read: +1 min

Alas: That’s what happened with “Babes.” The elements that promised joy were all there, starting with two very funny comic talents in Ilana Glazer and Michelle Buteau. There’s a screenplay by Glazer and Josh Rabinowitz, who was a producer on “Broad City,” the kooky, beloved show in which Glazer co-starred. But sometimes a pile of good ingredients doesn’t make something delicious, and I guess that’s what happened here. The marketing for “Babes” suggests something akin to “Bridesmaids,” the runaway 2011 hit that reminded Hollywood that raunchy comedies starring women can be hilarious and profitable. Dawn and Marty’s second baby is born on Thanksgiving Day, and on the way home from the hospital Eden meets Claude (Stephan James) on the subway.

Persons: “ Babes, Ilana Glazer, Michelle Buteau, There’s, Glazer, Josh Rabinowitz, it’s, Pamela Adlon, —, Babes, “, Bridesmaids ”, they’re, Dawn, Marty, Hasan Minhaj, Eden, Claude, Stephan James Organizations: “, Hollywood Locations: “ Broad City, Astoria, Eden

☆ Why the drag looks in ‘The Adventures of Priscilla, Queen of the Desert’ are still iconic, 30 years on
▼ + stars: | 2024-05-15 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +8 min

This is the opening scene from “The Adventures of Priscilla, Queen of the Desert”, which first screened at Cannes Film Festival 30 years ago this month. In the film, Tick (Hugo Weaving) and Bernadette (Terence Stamp) help Adam (Guy Pearce) realize his dream of climbing King Canyon in full drag. “I think that’s definitely one of the most iconic looks,” drag artist and costumer Philmah Bocks told CNN. Bocks has been designing costumes for 30 years, having broken into the drag scene around the same time “Priscilla” was hitting screens. The film’s legacy can also be seen in Australia’s drag scene today and, since 2021, has been broadcast to new audiences via contestants on “Rupaul’s Drag Race Down Under”.

Persons: CNN —, Belrose, Hugo Weaving, Mitzi Del, Priscilla , Queen, “, Tim Chappel, I’d, Elliott, Bernadette Bassenger, Terence Stamp, Adam Whitley, Felicia Jollygoodfellow, Guy Pearce, Priscilla, Queen, Bernadette, Adam, Chappel, ” Chappel, Susan Barber, Priscilla ”, Lizzy Gardiner, Oscar, Mitzi Del Bra, ”, Gloria Gaynor’s “, costumer Philmah Bocks, Bocks, Tim Chappel's, Priscilla ’, they’ve, couldn’t, I’ve, “ Priscilla ”, she’s, London’s, Katy Perry, they’re, Katy Perry’s, ” Bocks, Felicia Jollygoodfellow's, ” Stephan Elliott Organizations: CNN, Cannes Film, Miss Teen USA, Sydney, Cannes, Chappel, First Nations, Royce Locations: CNN — Sydney, Silicon, Sydney, Australia, Tasmania

☆ Rolls-Royce is growing its factory so it can build cars more slowly
▼ + stars: | 2024-04-28 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

So this factory expansion isn’t about making more cars, but making more expensive cars, which takes more time and requires more space for workshops and storage of exotic materials. The Rolls-Royce Phantom Syntopia's has glass flecks to create sparkling designs. Before that, Rolls-Royce cars were built alongside Bentleys — Rolls-Royce had acquired Bentley in 1931 — at a factory in Crewe, UK. The Phantom Syntopia likely would have cost more than $3 million according to sources, although Rolls-Royce would not confirm an exact price. The Phantom Syntopia has a special Weaving Water design in its Starlight Headliner.

Persons: Royce, “ We’re, ”, Martin Fritsches, “ That’s, Bentleys —, Bentley, Stephan Winkelmann, Javier Gonzalez Lastra, Fritsches, Cullinan Organizations: CNN, BMW, Royce, Bentley, Volkswagen, Lamborghini, Ferrari, ” Lamborghini, Tema Locations: Chichester , England, Crewe, cabinetry

☆ Scottie Scheffler weathers storm to claim fourth win in five starts. Is he the most dominant golfer since Tiger Woods in his prime?
▼ + stars: | 2024-04-22 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

1 mastered the elements once more at a stormy RBC Heritage to reel in his fourth win in his last five starts. “I didn’t show up here just to have some sort of ceremony and have people tell me congratulations,” Scheffler told reporters Monday. Only two players had ever previously won or finished runner-up in five consecutive PGA Tour starts; Vijay Singh in 2004, and Woods on three separate occasions between 1999 and 2008. 1 prepares to chase a historic sixth this week, Scheffler is throwing in the towel – but not before one last jab. The Tour moves on to Los Angeles on Thursday for the Zurich Classic of New Orleans at TPC Louisiana.

Persons: Scottie Scheffler, Scheffler, Sahith Theegala, Woods, Bernhard Langer, ” Scheffler, “, Jared C, Tilton, ’, Meredith, Scott, Diane, I’m, ”, it’s, ’ I’ll, “ They’re, they’ll, Andrew Redington, Scheffler hasn’t, Germany’s Stephan Jaeger, Rory McIlroy, Vijay Singh, Aaron Doster, Nelly Korda, Nelly, she’s, Byron Nelson Organizations: CNN, RBC, Harbor, Augusta National, Getty, Texas Children’s Houston, USA, Sports, Chevron, PGA, Zurich, TPC Louisiana Locations: South Carolina, Harbor Town, Los Angeles, New Orleans

☆ ‘Brandy Hellville’: A New Twist for Cult Documentaries
▼ + stars: | 2024-04-12 | by ( Alissa Wilkinson | ) www.nytimes.com time to read: +1 min

What’s most provocative about “Brandy Hellville & the Cult of Fast Fashion” (streaming on Max), and about the horror show it contends is behind the immensely popular cheap-clothing retailer Brandy Melville, isn’t necessarily its content. Other documentaries have tread similar ground with similar methods — the Netflix documentary “White Hot: The Rise & Fall of Abercrombie & Fitch,” for instance — which is to say that everything in “Brandy Hellville” has been reported before. Documentary participants allege that the company and its leaders, especially co-founder and owner Stephan Marsan, engaged in a host of terrible behaviors ranging from fat-shaming and exploitative practices to really awful racism and sexism. You can read about it all, of course; what the documentary provides is a host of eyewitnesses, including girls who worked in the store as teenagers and men who worked closely with the company to open new stores. Experts and activists also attest to the threat that fast fashion (that is, inexpensive, essentially disposable clothing sold at retailers like Zara, H&M, Shein and Forever 21) poses to global economies and the environment.

Persons: Brandy Hellville, Brandy Melville, isn’t, Abercrombie &, ”, Brandy Hellville ”, Stephan Marsan, Abercrombie Organizations: Netflix, Abercrombie, Abercrombie & Fitch Locations: Zara

☆ Here's why JPMorgan's top brass are doubtful that a major M&A comeback is on the horizon
▼ + stars: | 2024-04-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street has been hopeful that M&A activity will return this year as rates fall. On Friday, the bank reported $41.9 billion in revenue for the quarter, up 9% year-over-year — a figure that surpassed analysts' expectations. The retreat from dealmaking produced a nine-year low in terms of the number of individual M&A transactions in the quarter, LSEG reported. Dimon's warningsThe comments from JPMorgan's top brass come as Dimon issues warnings about the prospect of a gloomier economic environment.

Persons: —, Jamie Dimon, Jeremy Barnum, Barnum, Biden, that's, Goldman Sachs, Stephan Feldgoise, LSEG, EY, Dimon, Reed Alexander Organizations: Service, JPMorgan, Business, London Stock Exchange Group Locations: megamergers, dealmaking, Asia, Pacific

☆ Why New Zealand spent a small fortune to kill one stoat
▼ + stars: | 2024-04-10 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +5 min

Introduced predators kill about 25 million native birds in New Zealand annually, with about 4,000 native species threatened or at risk of extinction, according to the DOC. Under the program, the government plans to eradicate rats, possums (a marsupial native to the Americas), weasels, ferrets — and the pesky stoat. Chalky Island and the neighboring Passage Islands have been predator-free since 1999 following the first ever stoat eradication campaign, according to the DOC. And for Fleming, the recent stoat incursion only underscores the importance of the Predator Free 2050 plan. “If we eradicate stoats from Aotearoa (New Zealand) completely we remove the costs of incursions, and our wildlife can thrive alongside us,” he said.

Persons: Rebecca Teele, ”, Aaron Fleming, Liu Yang, RNZ, —, pesky, Carolyn M, King, hitlist, Stephan Morris, stoats, stoats ”, Fleming Organizations: CNN, country’s Department of Conservation, New, Zealand, New Zealand Taxpayers ’ Union, Southern, New Zealand, University of Waikato Locations: New Zealand, Fiordland, Eurasia, North America, “, New, Americas, Aotearoa

☆ Why 2024 will be a year of fits and starts for dealmaking on Wall Street
▼ + stars: | 2024-04-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Dealmaking is big business on Wall Street. That made Goldman responsible for nearly a third of the total global M&A advisory market last year. But there are fits and starts to today’s market. What do the fits and starts mean? I go back to fits and starts with good underlying trends that momentum builds, but it’s not going to be a straight line.

Persons: New York CNN —, Goldman Sachs, Goldman, Stephan Feldgoise, we’re, we’ve, it’s, Jamie Dimon, ”, Dimon, JPMorgan Chase Organizations: CNN Business, Bell, New York CNN, Retail, JPMorgan Chase, International Monetary Fund, Industries, Nvidia, Microsoft, JPMorgan, Software, New Locations: New York, Oregon, Michigan, Arizona , Delaware, Florida , Iowa , Massachusetts, Wyoming

☆ The upcoming solar eclipse will cause shallow, cumulus clouds to disappear. Researchers explain why
▼ + stars: | 2024-03-30 | by ( Ayurella Horn-Muller | ) edition.cnn.com time to read: +11 min

That’s at least what scientists expect to take place in swaths of Mexico, Canada and the United States during April 8’s total solar eclipse. They discovered that cumulus clouds dissipate during eclipses because of the relationship between solar radiation and the formation processes of the clouds. Shallow cumulus clouds, in particular, serve a critical function. But what exactly shallow cumulus clouds’ role is when it comes to the rapidly warming climate remains a long-standing subject of uncertainty in the scientific community. De Roode hopes those across North America gearing up for the next solar eclipse remember to keep an eye out for any vanishing low-lying cumulus clouds.

Persons: CNN —, ”, Victor Trees, Jake Gristey, Gristey, “, Kevin Knupp, Knupp, Stephan de Roode, de Roode, ” de Roode, ’ Gristey, De Roode, Ayurella, Muller Organizations: CNN, Environment, geoscience, Delft University of Technology, cumulus, Cooperative Institute for Research, Environmental Sciences, University of Colorado Boulder, University of Alabama, Climate Locations: Mexico, Canada, United States, Netherlands, Africa, Huntsville, North America, Axios

☆ Watch: The Solo of ‘Solitude’
▼ + stars: | 2024-03-25 | by ( Gia Kourlas | Stephan Alessi | ) www.nytimes.com time to read: 1 min

Watch: The Solo of ‘Solitude’Click through as Joseph Gordon performs a section from Alexei Ratmansky’s new dance for New York City Ballet, a reaction to the horrors of the war in Ukraine.

Persons: Joseph Gordon, Alexei Ratmansky’s Organizations: New York City Ballet Locations: Ukraine

☆ Colorful paintings of daily life uncovered in 4,300-year-old Egyptian tomb
▼ + stars: | 2024-03-25 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Colorful paintings of daily life in ancient Egypt have been discovered in a tomb dating back more than 4,300 years. The tomb, known as a mastaba, was found in the pyramid necropolis of Dahshur, about 25 miles south of Cairo, during a recent Egyptian-German archaeological mission. The main attractions there are two large pyramids of King Sneferu: the so-called Bent Pyramid and the Red Pyramid. The daily life of the ancient Egyptians and their animals can be seen in the paintings. It added: “Cleaning and documentation work will be carried out on the tomb and its inscriptions during the coming period.”

Persons: King Sneferu, Idut, DAIK Stephan Seidlmayer, ”, “, Hathor, King Amenemhat III Organizations: CNN, Archaeological Institute, Egyptian Ministry of Tourism and, Egyptian Ministry of Tourism, Antiquities Locations: Egypt, Dahshur, Cairo, Old Kingdom, Memphis, Berlin, Kingdom, Sycamore, ”, Archaeological Institute Cairo, Old, Middle Kingdom

☆ Deutsche Bank's 3-day-a-week return-to-office policy has been met with fierce criticism by staff who say there isn't enough space for everyone
▼ + stars: | 2024-02-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Deutsche Bank staff have criticized the company's new return-to-office policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "There's enormous resistance among staff," Stephan Szukalski, the head of the labor union DBV, which represents Deutsche Bank staff, told Bloomberg via email. Szukalski, who is also part of the bank's supervisory board, said there isn't enough office space and that staff are already complaining about bottlenecks. The spokesperson told BI: "The bank remains committed to our hybrid working model, which has been received extremely positively by staff.

Persons: —, Christian, Rebecca Short, Stephan Szukalski, Szukalski, EY, Dan Schawbel, Nicholas Bloom Organizations: Deutsche Bank, Staff, Service, Bloomberg, Business, DBV, Google, General Motors, SAP, Stanford Locations: Germany

☆ A Chinese EV maker just revealed a 1,300 horsepower supercar
▼ + stars: | 2024-02-26 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —BYD is a Chinese carmaker that recently unseated Tesla as the world’s leading seller of electric vehicles. Its new all-electric Yangwang U9 has nearly 1,300 horspower and is designed to compete directly with Lamborghini and Ferrari. As an electric supercar, the Yangwang U9 combines power and performance similar to a 1,800-horsepower, $2 million Rimac Nevera, but in a package costing less than gasoline-powered cars from the famous Italian automakers. Tesla chief executive Elon Musk has said that Chinese EV makers like BYD could “demolish” other automakers as the industry transitions to electric vehicles. ]”A rear view of the BYD Yangwang U9 electric car in Shenzhen, China, earlier this year.

Persons: Tesla, BYD, Elon Musk, ” Carlos Tavares, Stellantis, Qilai Shen, Stephan Winkelmann, CNN’s Shawn Feng Organizations: CNN, Lamborghini, Ferrari, Dolphin, Elon, Jeep, Fiat, Bloomberg, Getty Locations: Chinese, Europe, New York, Shenzhen, China

☆ Starboard nominates directors to Alight’s board. A plan to improve margins could be on the horizon
▼ + stars: | 2024-02-24 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Additionally, Starboard has extensive experience helping portfolio companies improve margins from a board level and adding one or two of their nominees to the board could expedite this. CEO Issue: Alight's CEO Stephan Scholl is a talented technologist and software expert, but not an experienced operator of a benefits administration company. Like the experienced activist Starboard is, the firm wanted to preserve its options as it speaks privately with Alight. Shareholders would certainly benefit from the addition of two or three Starboard directors to the board.

Persons: Keith D, Dorsey, Matthew C, Levin, Gavin T, Molinelli, Foley Trasimene, William P, Foley, Stephan Scholl, William Foley, Coretha, Denise Williams, Ken Squire Organizations: ExCo, CR Consulting Alliance, FIS, 13D Locations: Boyden, SPACs

☆ Goldman Sachs' Stephan Feldgoise on 2024 M&A landscape: Private equity is 'the big barometer'
▼ + stars: | 2024-02-22 | 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 EmailGoldman Sachs' Stephan Feldgoise on 2024 M&A landscape: Private equity is 'the big barometer'Stephan Feldgoise, Goldman Sachs co-head of global M&A, joins 'Squawk Box' to discuss the M&A market, why he believes dealmaking has stabilized and is set up for a recovery, 2024 outlook, and more.

Persons: Goldman Sachs, Stephan Feldgoise, dealmaking

☆ Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
▼ + stars: | 2024-02-22 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

AdvertisementThe drama playing out within the upper ranks of Goldman Sachs is continuing to unfold, and CEO David Solomon's troubles with senior partners don't appear to be over yet. (Garcia's co-head of European investment banking, Anthony Gutman, is also said to have been named to the committee.) Bloomberg reported this week that Beth Hammack — a longtime Goldman partner, co-head of the global financial group, member of the management committee, and former CEO of Goldman Sachs Bank USA — is set to step down. And when Esposito broke the news last month of his imminent departure in a note to partners and clients, he wrote, wistfully, that he planned to "bleed Goldman Sachs forever." Are you a Goldman Sachs or Wall Street insider?

Persons: Goldman Sachs, David Solomon's, who's, Mark Sorrell, Gonzalo Garcia, Joshua Franklin, Arash Massoudi, Kim Posnett, Sorrell —, Sir Martin Sorrell, Stephan Feldgoise, Anthony Gutman, Sorrell, Gutman, Garcia, Goldman, Alison Mass, George Lee, Jim Esposito —, —, Solomon, Adebayo, Beth Hammack —, Esposito, wistfully, Reed Alexander Organizations: Financial, IB, Reading, Goldman, Bloomberg, Goldman Sachs Bank Locations: Miami

☆ Cristóbal Del Sobar: Chilean golfer sets new PGA Tour record round
▼ + stars: | 2024-02-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Cristóbal del Solar wrote his name into the history books on Thursday, as the Chilean golfer shot a 13-under 57 at the Astara Golf Championship to set the new record for the lowest round ever shot at a PGA Tour-sanctioned event. Del Solar’s bogey-free feat bests the previous record set by Germany’s Stephan Jaeger and “Mr. “Incredible, man,” del Solar told reporters. “Hopefully, I’ll celebrate Sunday as well,” del Solar added. Last week, del Solar’s Chilean compatriot Joaquin Niemann shot a 12-under 59 at the LIV Golf season opener in Mayakoba, Mexico, carding an eagle and 10 birdies.

Persons: CNN —, Del Solar’s, Germany’s Stephan Jaeger, “ Mr, Jim Furyk, Ellie Mae Classic, ”, “, You’re, ’ “, Hector Vivas, Brian Campbell, Michael Johnson, Ireland’s David Carey, Joaquin Niemann Organizations: CNN, Florida State, Country Club de Bogotá, PGA, Paco, PGA Tour’s, Solar, LIV Locations: Chilean, Bogota, Colombia, Mayakoba, Mexico

☆ I've climbed Mount Kilimanjaro over 300 times and now guide others. Even fit, healthy tourists are often unprepared for how difficult the hike can be.
▼ + stars: | 2024-02-08 | by ( Ashley Couto | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to story is based on a transcribed conversation with Justin Stephen Mtui, a Kilimanjaro summit guide. I've climbed Kilimanjaro over 300 times. I remember telling other porters, "If you haven't gone to Kilimanjaro summit, you can't say you're hiking Kilimanjaro." Social media has helped make the Kilimanjaro hike more popular. As a company, we'll summit Kilimanjaro 66 times in 2024.

Persons: —, Justin Stephen Mtui, Mount Kilimanjaro, you've, I've, don't, Justin Stephan Mtui, we've, they've Organizations: Service, Business, Social Locations: Tanzania, Kilimanjaro, Mount

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