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Whether today's activist investors contribute any genuine economic value is open for debate. As this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled "activist investors" are distinct from the original activists who helped catalyze needed governance reforms two decades back. Many of today's activist investors are a far cry from the original, heroic crusaders for shareholder value who pioneered the activism space decades ago. However, given the failing financial performance of many of today's activist investors, their losing streak in proxy fights and increasing public rejection of their bullying tactics, the credibility and value of activist investors writ large is increasingly imperiled.
Persons: Nelson Peltz's, Ed Garden, Ralph Whitworth, John Biggs of TIAA, John Bogle of, Ira Millstein, Weil, Nell Minow, Bob Monks, Harvard's Stephen Davis, Carl Icahn's, Aubrey McClendon, , Bill Cohan, Jamie Dimon, Glass Lewis, resoundingly, Mason Morfit's ValueAct, Jeffrey Sonnenfeld, Lester, Steven Tian Organizations: CNBC, Salesforce, Dow Jones, Disney, Norfolk Southern, Relational Investors, John Bogle of Vanguard, Services, Chesapeake, Norfolk, JetBlue, Elanco, of Institutional Investors, United Shareholders Association, Responsibility Research, ISS, Lester Crown, Management, Yale University, Yale's, Institute Locations: Norfolk Southern, greenmailers, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is doing its best to keep everyone excited, says Federated Hermes' Stephen DeNichiloStephen DeNichilo, Federated Hermes portfolio manager, joins 'Power Lunch' to discuss Nvidia, investing in small caps, and more.
Persons: Federated Hermes, Stephen DeNichilo Stephen DeNichilo Organizations: Nvidia, Federated
This Trump fundraising email will shock you
  + stars: | 2024-05-22 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +6 min
CNN —Followers of former President Donald Trump were meant to be startled when they were sent an email Tuesday, addressed from “President Trump,” with this arresting subject line:“They were authorized to shoot me!”The preview line in the email did not back down. The judge, Beryl Howell, cited the discovery of additional documents with classified markings found in Trump’s Mar-a-Lago bedroom months after the FBI search. Trump is a master sensationalist, so place the email subject line where he says he’s in physical harm within his oeuvre of over-the-top and untrue allegations. How to get people to open fundraising emailsThe email address where I get fundraising pitches from politicians received seven such messages from Trump on Tuesday. Trump’s allegations about the FBI document were not just contained in the fundraising email.
Persons: Donald Trump, “ President Trump, Trump, Trump’s, Tierney Sneed, Katelyn Polantz, Holmes Lybrand, Hannah Rabinowitz, Stephen D’Antuono, , ” D’Antuono, ” Trump, Beryl Howell, “ I’ve, Rudy Giuliani, Joe Biden, Biden’s, Hunt, Joe Biden’s, JOE BIDEN, Juan Merchan Organizations: CNN, , DOJ, Mar, Trump, Justice Department, FBI, Secret Service, Capitol, Service, Biden, Joe Biden’s DOJ, FORCE, New Locations: Lago, Washington, Washington ,, Trump’s Mar, Las Vegas, London, Manhattan, Mar, New York
Winning in China's electric car market is no longer just about having the cheapest price. Despite new U.S. tariffs , the Chinese electric car industry is already moving into a new phase of competition no longer centered on sticker prices alone, many in the industry say. Hong Kong-listed Fuyao, a major supplier of glass for cars, is one of JPMorgan's top picks to take advantage of China's growing electric car market. The Shenzhen-listed Chinese battery giant, Contemporary Amperex Technology , is one of JPMorgan's top Chinese electric car supply chain plays. Last week, Chinese electric car company Nio released a new car in a lower-priced range of just over 200,000 yuan.
Persons: Stephen Dyer, AlixPartners, BYD, Xiaomi, Tesla, Nio, William Li, — CNBC's Michael Bloom Organizations: JPMorgan, Greater, Greater China Business, Amperex, Li Auto, Tesla Locations: Hong Kong, China, Greater China, Asia, Beijing, Shenzhen
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic data masks the fact that the U.S. economy is 'segmented': StrategistStephen Dover from Franklin Templeton Investments talks about the U.S. economy, inflation outlook and the Fed's policy effectiveness.
Persons: Stephen Dover Organizations: Franklin Templeton Investments Locations: U.S, Franklin
The automaker is the joint venture partner of Honda and Toyota in China, and has an electric car brand called Aion. Expanding outside ChinaLike other automakers in China, GAC is also turning overseas. China's overseas car sales surged last year, putting the country on par with Japan as the world's largest exporter of cars. Dyer expects that to drive overseas demand for Chinese electric cars. Chinese consumers placed almost twice as much importance on tech features compared with U.S. consumers, Dyer said, citing AlixPartners' survey.
Persons: Evelyn Cheng, Tesla, Feng Xingya, Feng, Wei Haigang, Wei, Stephen Dyer AlixPartners, There's, Stephen Dyer, AlixPartners, Dyer, BYD, Nio, CATL, Zhong Shi Organizations: CNBC, GAC, Labor, Huawei, Honda, Toyota, China Passenger Car Association, EU, U.S, Factories, Greater China Business U.S, Ministry of Commerce, Tech, Volkswagen, SAIC Motor, Battery, China Automobile Dealers Association, Automotive, Robotics, Lotus Technology, Geely Locations: Beijing, Evelyn Cheng BEIJING, China, East, Mexico, Japan, Malaysia, Thailand, Egypt, Brazil, Turkey, Amsterdam, Greater China, Asia, U.S, Europe
About 123 car companies sold electric vehicles, an auto consultant told WSJ. AdvertisementCompetition in the electric vehicle sector is only getting stiffer for Tesla in China, but what does that space exactly look like? AdvertisementAs Business Insider's Linette Lopez noted in February, automakers received a huge lift from Beijing as it doled out government subsidies to any car company that would contribute to the country's pivot to electric vehicles. AdvertisementStill, Tesla remains one of the country's top EV sellers, and only a few brands compete with the US-based automaker. The competition, however, comes amid a slowdown in EV sales that's being felt in the US and China.
Persons: , Stephen Dyer, Insider's Linette Lopez, Lopez, Tesla, Dyer, BI's George Glover, BYD Organizations: EV, Service, Tesla, Wall Street, Kiel Institute, The Locations: China, Beijing, Germany,
Churchill is talking about his own portrait, commissioned to celebrate his 80th birthday, as it is unveiled in London’s Westminster Hall in November 1954. This painted study of Churchill by Sutherland, made in preparation of the portrait, is up for auction for the first time. Tristan Fewings/Getty Images for Sotheby'sWhile “The Crown” is not a documentary, it is true that the 80th birthday portrait —described by Churchill as “filthy and malignant” in a letter to his personal doctor — was burned. “(Sutherland) caught him in a much more relaxed, intimate way,” Zlattinger said of the study, a small canvas painted in oils. Graham Sutherland, seen with his-then unfinished but eventually much-maligned portrait of Churchill.
Persons: it’s, ” Winston Churchill, John Lithgow, Graham Sutherland, Stephen Dillane, , Churchill, ” Sutherland, , Judas, Churchill’s, Clementine, Harriet Walter, Sutherland, Tristan Fewings, , ” Andre Zlattinger, “ He’d, He’d, Churchill —, Alfred Hecht, ” Zlattinger, Hatshepsut of, Baron, Queen Elizabeth I, Robert Blyth ,, Elizabeth “, Queen Victoria, Elizabeth, Ira B, Nadel, ” Blyth, Elizabeth I, Blyth, ” Dr Caroline Rae, Stalin, ” Bryn Sayles, Jacob Epstein, Alexis Schwarzenbach, Queen Elizabeth, King George VI, Queen Elizabeth II, Cecil Beaton, Sayles, Gary Oldman’s Organizations: CNN, Hall, Modern, Irish, Sotheby’s New, Royal Museums Greenwich, Art, University College London, Conservative Party Locations: Sotheby’s, Sotheby’s New York, London, Sutherland, Queen, Downing, Suez, Blenheim, Oxford, New York, British, Swiss
Twelve news organizations on Sunday urged presumptive presidential nominees Joe Biden and Donald Trump to agree to debates, saying they were a "rich tradition" that have been part of every general election campaign since 1976. Asked on March 8 whether he would commit to a debate with Trump, Biden said, "it depends on his behavior." The Republican National Committee voted in 2022 to no longer participate in forums sponsored by the Commission on Presidential Debates. The Trump campaign has not indicated it would adhere to that, but did have some conditions. There was no immediate response from the Trump campaign.
Persons: Joe Biden, Donald Trump, Trump, Biden, Susie Wiles, Chris LaCivita, Abraham Lincoln, Stephen Douglas, Chris Wallace, it's, Crooked Joe Biden Organizations: Moody, Republican, NewsNation, Democratic, ABC, CBS, CNN, Fox, PBS, NBC, NPR, Associated Press, Trump, Republican National, Commission, Fox News, Univision, USA, Television Locations: Tuscaloosa , Alabama, Illinois, Pennsylvania
The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.
Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, , Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America
Instead, the company utilizes flight tests to gather crucial data and make improvements before the next vehicle rolls out for liftoff. Defying gravityThe SpaceX Starship spacecraft lifts off from the Starbase in Boca Chica, Texas, on Thursday. Chandan Khanna/AFP/Getty ImagesStarship’s eventful third test flight achieved multiple milestones before ending prematurely and likely breaking apart. The spacecraft was expected to splash down in the Indian Ocean at the end of its hourlong flight, but SpaceX lost Starship’s signal shortly after the vehicle reentered Earth’s atmosphere. However, the third flight of Starship flew longer and higher than either of the previous tests.
Persons: Chandan Khanna, axolotls, Stephen Dalton, , Randal Voss, Jiji Press, James Webb, , Ashley Strickland, Katie Hunt Organizations: CNN, NASA, SpaceX, Getty, Starship, University of Kentucky College of Medicine, NASA’s, Golden Records, Clipper, Japan Monkey, Jiji, Gorillas, James Webb Space Telescope, CNN Space, Science Locations: South Texas, Texas, Boca Chica , Texas, Turkey, Xochimilco, Inuyama, United States, Columbia , South Carolina, Panama, , Scarborough , England
Investors should move out of cash and into fixed income with some duration, said Franklin Templeton's chief market strategist, Stephen Dover. Franklin Templeton's inflation forecast is more conservative than the U.S. Federal Reserve's. The investment firm expects the core personal consumption expenditures price index to fall to 2.7% by the end of the year, versus the U.S. Federal Reserve's projections of 2.4%. The markets' "biggest screaming issue" is the $6 trillion sitting in money market funds right now, he said. "We would advise those investors to move out of that cash and take some duration move into fixed income," he added.
Persons: Franklin, Stephen Dover, Dover Organizations: U.S Locations: U.S . Federal
Expect four rate cuts in 2024 that will bring the federal funds rate to 4.30% by year-end, according to the Franklin Templeton Institute Global Investment Management Survey, which compiles the views of the firm's 300 senior investment professionals who work across equities, fixed income, and alternatives. That's still more cuts than the Federal Open Market Committee projects in its dot plot: three reductions and a fed funds rate of 4.63% by year-end. Stephen Dover, chief market strategist and the head of the Franklin Templeton Institute, expects those rate cuts to begin closer to June or July and be 25 basis points each. For now, Dover pointed to a strong US economy, with solid jobs and GDP growth, as working against the possibility of earlier rate cuts. This will be another sticky point that the central bank will likely consider and could impact when cuts happen, he said.
Persons: Stephen Dover, Dover, there's Organizations: Franklin Templeton Institute Global Investment Management Survey, Federal, Franklin Templeton Institute
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should move money out of cash and into fixed income with some duration: StrategistStephen Dover from Franklin Templeton discusses his market view, saying there is a "high concentration" of earnings expectations in a few companies, namely the Magnificent Seven in the current market environment.
Persons: Stephen Dover, Franklin Templeton
Kingsley Ben-Adir plays Reggae legend Bob Marley. Kingsley Ben-Adir in "Bob Marley: One Love" and Bob Marley in front of his house at 56 Hope Road on July 9, 1979, in Kingston, Jamaica. Paramount Pictures / Charlie Steiner - Hwy 67 Revisited / Getty ImagesMost of "Bob Marley: One Love" takes place between 1976 and 1978. On December 3, 1976, Marley was the victim of an assassination attempt when a group of armed men stormed his home in Kingston, Jamaica. Marley eventually returned to Kingston in 1978 to perform at his free concert.
Persons: Kingsley Ben, Adir, Bob Marley, Charlie Steiner, Marley, Stephen Davis, Stone, Davis Organizations: Paramount Pictures, People's National Party, PNP Locations: Kingston , Jamaica, Jamaica, London, Kingston
In the early 1980s, 19-year-old Jordan Belfort — who would go on to become known as the Wolf of Wall Street, a title he bestowed on himself in a tell-all memoir — had a fortuitous encounter on Jones Beach, on Long Island, with another teenager selling ice cream named Stephen Drescher. The two became friends. Prosecutors would later note their shared hustling spirit, a drive for entrepreneurialism that curdled into a drive for grift. Within a few years, Mr. Belfort started building a pump-and-dump stock-scam empire. Mr. Drescher went down not long after, convicted of securities fraud and sent to federal prison for nearly four years.
Persons: Jordan Belfort —, , Stephen Drescher, Belfort, Drescher, Martin, Mr Organizations: Prosecutors Locations: Jones, Long, Martin Scorsese’s
Amazon Prime Video logo displayed on a phone screen and Amazon Prime Video website displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on July 26, 2022. Amazon 's Prime Video has won the exclusive rights to stream a National Football League playoff game next season, a source familiar with the matter told CNBC. Last month, NBCUniversal's Peacock showed an NFL Wild Card game between the Kansas City Chiefs and the Miami Dolphins, marking the first time a playoff game was broadcast exclusively on a streaming service. NBCUniversal had looked to keep the streaming-only playoff matchup next season, according to The Wall Street Journal, which first reported on Amazon's latest deal with the the NFL. Amazon has said there are 80 million active Prime Video households in the U.S.— CNBC's Stephen Desaulniers contributed reporting.
Persons: NBCUniversal's Peacock, NBCUniversal, NBCUniversal didn't, — CNBC's Stephen Desaulniers Organizations: Amazon, Amazon Prime, National Football League, CNBC, NFL, Kansas City Chiefs, Miami Dolphins, Wall Street, Peacock Locations: Krakow, Poland, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the NFL's streaming transformationWith the highest-rated programming, the priciest ad time and rights deals worth billions, the NFL is the most valuable content in media. And now its moves onto streaming platforms like Amazon Prime Video, YouTube and Peacock are having ripple effects across the media and tech landscape. CNBC's Julia Boorstin speaks with the NFL's Chief Media and Business Officer, Brian Rolapp, the VP and Global Head of Sports for Amazon Prime Video, the President of Peacock and other experts to learn how streaming is changing the business of the NFL.
Persons: Peacock, CNBC's Julia Boorstin, Brian Rolapp Organizations: NFL, Amazon, YouTube, NFL's Chief Media, Business, VP, Sports, Amazon Prime
Berkshire Hathaway vice chairman Charlie Munger dies at 99
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +12 min
Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.
Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, , Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, , STEVE SOSNICK, , ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL
The warmest winter on record, followed by an unusually warm and dry spring. Hundreds of fires along Australia’s east coast, including one that razed 53 homes in Queensland. It’s not yet summer, but Australia’s fire season is well underway, in the latest example of how climate change is altering the rhythms of life across the Earth. Stoked by the El Niño weather pattern, it is the first dry and hot year since the Black Summer of 2019-2020. “We’re still at the very beginning of the fire reason, and already we’ve had hundreds of fires since early October,” Western Australia’s emergency services minister, Stephen Dawson, said on Friday.
Persons: We’re, we’ve, Stephen Dawson Locations: Queensland, Perth, El
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLook to small caps for alpha opportunities, says Federated Kaufmann's Stephen DenichiloStephen Denichilo, Federated Kaufmann small cap fund, joins 'Power Lunch' to discuss opportunity finds in the small cap sector.
Persons: Stephen Denichilo Stephen Denichilo, Kaufmann
“Chief Warrant Officer 3 Stephen Dwyer, Chief Warrant Officer 2 Shane Barnes, Staff Sgt. Cade Wolfe were truly SOF professionals and are among the nation’s finest soldiers,” Col. Roger P. Waleski Jr., commander of the 160th SOAR (Abn. In 2020, he “fully dedicated himself to the organization” by resigning his commission and becoming a warrant officer, the Army release says. His awards and decorations include the Air Medal with Combat device, Army Commendation Medal and Army Achievement Medal with combat device. He volunteered for an assignment with the 160th SOAR and completed the regiment’s “extensive training and assessment program” this year.
Persons: Stephen R, Dwyer, Shane M, Barnes, Tanner W, Andrew P, Cade M, Wolfe, Stephen Dwyer, Shane Barnes, Tanner Grone, Andrew Southard, Cade Wolfe, ” Col, Roger P, Waleski Jr, , , Jonathan Braga, ” Braga, Barnes ’, Grone, Southard, Lloyd Austin, ” Austin Organizations: CNN, Pentagon, 160th Special Operations Aviation Regiment, Apache, Abn, US Army Special Operations Command, Operations, US European Command, Army Special Operations Command, United States Military Academy, Army, Star, UH, Gonzaga University, Staff, 160th, Hawk, Combat Aviation Brigade, Overseas Service Ribbon, 25th Combat Aviation Brigade, 1st Battalion, Overseas Service, Defense, America Locations: Clarksville , Tennessee, Sacramento , California, Gorham , New Hampshire, Arizona, Mankato , Minnesota, Israel, Iraq, Afghanistan, Korea, Hawaii, 160th SOAR
Stephen Drucker, the veteran shelter magazine editor who worked for Mr. Gropp in the 1970s, said by phone: “Lou saw himself as a business head. It was the only magazine in its category — magazines with circulations between 400,000 and 1 million — to do so. By 1987, however, Mr. Liberman and S.I. They gave her House & Garden instead. Mr. Gropp was typically sanguine.
Persons: Stephen Drucker, Gropp, Lou, , Liberman, Newhouse, Condé, Anna Wintour, , William Shawn, Grace Mirabella, Kazanjian, Calvin Tomkins, “ Alex, Alexander Liberman ”, Elle Décor Organizations: Mr, & Garden, S.I, Vogue, The Locations: British, Newport Beach, Calif, Yorker
World Cup 2023: Previous World Cup finals
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +5 min
PARIS, Oct 25 (Reuters) - On Saturday, New Zealand take on South Africa in the 2023 Rugby World Cup final at the Stade de France, with both teams hoping to win a record fourth title. Mapimpi scored the first try in the 66th minute, becoming the first Springbok to score a try in a World Cup final, despite South Africa having won two previous titles. The teams had met in the pool stage with South Africa winning 36-0. Fullback Jonathan Webb scored two penalties for England, whose decision to ditch their forward-reliant tactics for an expansive running game backfired. 1987 - NEW ZEALAND 29 FRANCE 9 (AUCKLAND)The All Blacks laid down the marker in the first World Cup final, dominating from start to finish as flyhalf Grant Fox's kicking helped his team gain territory time and again.
Persons: Makazole, Cheslin Kolbe, Handre Pollard, Mapimpi, Richie McCaw, Flyhalf Dan Carter, Beauden Barrett's, Tony Woodcock, Stephen Donald, Percy Montgomery, Francois Steyn, Alain Rolland's, Mark Cueto, England's Jonny Wilkinson, Australia's Elton Flatley, Wilkinson, Matt Burke, Ben Tune, Owen Finegan, Nelson Mandela, Jonah Lomu, Joel Stransky's, Webb Ellis, Tony Daly, Michael Lynagh, Fullback Jonathan Webb, flyhalf Grant Fox's, Michael Jones, David Kirk, John Kirwan, Pierre Berbizier, Rohith Nair, Aadi Nair, Christian Radnedge Organizations: Stade de France, England, Springbok, South, Blacks, Wallabies, Springboks, South Africa, ZEALAND, Fullback, Fox, Thomson Locations: New Zealand, South Africa, ENGLAND, YOKOHAMA, Japan, AUSTRALIA, TWICKENHAM, FRANCE, AUCKLAND, France, PARIS, England, SYDNEY, CARDIFF, Australia, JOHANNESBURG, Bengaluru
WASHINGTON (AP) — The Senate voted 98-0 to approve President Joe Biden’s nominee to lead the Federal Aviation Administration on Tuesday, ending a span of nearly 19 months in which the agency was without a Senate-confirmed chief. Michael Whitaker is a former deputy FAA administrator and most recently served as chief operating officer of a Hyundai affiliate that is developing an air taxi. Whitaker's confirmation seemed assured last week, when members of the Senate Commerce Committee endorsed him unanimously. The nomination of Denver International Airport CEO Phil Washington languished for months, then failed to get out of the Commerce Committee because of opposition from Republicans and independent Kyrsten Sinema of Arizona. The FAA has been without a Senate-confirmed administrator since March 2022, when Stephen Dickson stepped down midway through his five-year term.
Persons: Joe Biden’s, Michael Whitaker, Whitaker, Whitaker's, Maria Cantwell, Phil Washington, Stephen Dickson Organizations: WASHINGTON, , Federal Aviation Administration, Hyundai, Senate, Denver International, FAA Locations: Arizona
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