DIRS.INFO The most relevant business & tech news

☆ Activist Boaz Weinstein says BlackRock funds are 'crushing shareholder rights'
▼ + stars: | 2024-05-17 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Boaz Weinstein, the hedge fund investor on the winning side of JPMorgan Chase's $6.2 billion, "London Whale" trading loss in 2011, is now taking on index fund giant BlackRock . The hedge fund wants board control at three BlackRock funds and a minority slate at seven others. BlackRock, Saba says in the deck, "considers itself a leader in governance, but is crushing shareholder rights." At certain BlackRock funds, for example, if an investor doesn't submit their vote in a shareholder meeting, their shares will automatically go to support BlackRock. The index fund manager's rebuttal, "Defend Your Fund," describes Saba as an activist hedge fund seeking to "enrich itself."

Persons: Boaz Weinstein, Saba, Weinstein, doesn't Organizations: Saba Capital Management, Bloomberg, JPMorgan Chase's, Weinstein's, CNBC, BlackRock, affirmatively Locations: New York, BlackRock, Weinstein's Saba, Saba

☆ Jailing Trump on contempt would likely mean locking him up for an hour or two behind the courtroom, experts predict
▼ + stars: | 2024-05-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Could Trump's next courtroom outburst or gag-violating Truth Social post really be the final straw that gets him locked up on contempt of court? "You get more due process" when you commit an act of contempt outside the courtroom, Levine said. "It's when the judge calls the court officers and tells them to surround the defendant so that he doesn't try to walk out of the courtroom." AdvertisementBut Trump already has at least two court officers standing behind him at all times in Merchan's courtroom, for his own protection. Reality will instead set in when the judge gives what's usually the final instruction to the court officers, "Take charge," Galluzzo said.

Persons: Trump, —, audibly, Stormy Daniels, Donald Trump, misbehaving, Trump's, Juan Merchan, Arthur Aidala, Harvey Weinstein, Weinstein, Aidala, Arnold Levine, Levine, heckles Daniels, Matthew Galluzzo, Galluzzo, Daniel Scott, who's, Scott, Joe Schmoe, Daniels Organizations: Service, , New, Trump, Legal Aid Society of New York, Defense Task Force, Secret Service Locations: ,, Manhattan, Merchan's, Merchan, Trump

☆ Prosecutors want to take Harvey Weinstein to trial again in September as his lawyers fight Los Angeles conviction
▼ + stars: | 2024-05-01 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +1 min

Harvey Weinstein had his first court appearance since New York's highest court overturned his conviction. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHarvey Weinstein appeared in court Wednesday for the first time since last week's explosive ruling overturning his New York rape conviction. At the hearing Wednesday afternoon, trial judge Curtis Farber set a new trial date for "after Labor Day" of this year. New York state's highest court overturned the former film mogul's 2020 conviction.

Persons: Harvey Weinstein, Weinstein's, —, Curtis Farber, Prosecutors, James Burke, Weinstein, Burke Organizations: New, Service, Labor, New York, Business Locations: Los Angeles, York, New

☆ Harvey Weinstein’s 2020 rape conviction overturned by New York appeals court
▼ + stars: | 2024-04-25 | by ( Minyvonne Burke | ) www.cnbc.com time to read: +2 min

Former film producer Harvey Weinstein appears in court at the Clara Shortridge Foltz Criminal Justice Center in Los Angeles, California, October 4, 2022. Harvey Weinstein's 2020 rape conviction was overturned Thursday in New York, making way for a new trial. The court called the errors "egregious" and ordered a new trial, meaning his accusers could again be called to testify. "This Court has continued a disturbing trend of overturning juries' guilty verdicts in cases involving sexual violence," Singas wrote. The charges came to light in 2017 following investigative reports published by The New York Times and The New Yorker.

Persons: Harvey Weinstein, Clara Shortridge Foltz, Harvey Weinstein's, uncharged, Madeline Singas, Singas, Juda, Weinstein, Engelmayer Organizations: Clara Shortridge Foltz Criminal, Center, Appeals, NBC News, The New York Times, Yorker Locations: Los Angeles , California, New York, California, Los Angeles

☆ Harvey Weinstein's NY judge shouldn't have allowed 'prejudicial' testimony from women who said they, too, had been abused: appeals court
▼ + stars: | 2024-04-25 | by ( Geoff Weiss | Natalie Musumeci | Katie Balevic | ) www.businessinsider.com time to read: +1 min

New York's top court overturned the 2020 sex crimes conviction against movie mogul Harvey Weinstein. The court said the trial made an error by allowing accusers who weren't a part of the complaint to testify. AdvertisementHarvey Weinstein's sex crimes conviction was overturned Thursday by the New York Court of Appeals, which found that he hadn't gotten a fair trial. In its 4-3 decision, the appeals court found Weinstein's trial judge had erred in allowing accusers who were not listed as a part of the criminal charges against him to testify about their own experiences. This story is available exclusively to Business Insider subscribers.

Persons: Harvey Weinstein, —, Harvey, hadn't Organizations: Service, New, Appeals, Business Locations: Manhattan

☆ Ghislaine Maxwell's lawyers to argue for Jeffrey Epstein associate to be freed from prison in long-awaited appeal hearing
▼ + stars: | 2024-03-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Ghislaine Maxwell's lawyers are arguing for her release in a federal appeals court. The appeal focuses on a non-prosecution agreement between Jeffrey Epstein and federal prosecutors. A jury in Manhattan federal court found Maxwell guilty on sex-trafficking charges in December 2021, four days after her 60th birthday that Christmas. Alison Nathan, the judge who oversaw Maxwell's trial, sentenced her to 20 years in prison and issued a $750,000 fine. AdvertisementManhattan federal prosecutors have argued they were free from any restrictions set by the deal between Florida's federal prosecutors and Epstein.

Persons: Ghislaine, Jeffrey Epstein, Maxwell, —, Ghislaine Maxwell —, Epstein, Alison Nathan, Nathan, Maxwell weaponized, Epstein —, isn't, Jeffrey Epstein's, Harvey, Rudy Giuliani, John M, Leventhal, Diana Fabi Samson, Maurene Comey, missteps, Scott David, Ghislaine Maxwell, Laura Menninger, Jane, Jane Rosenberg, Joe Biden, Cuban, Virginia Giuffre, JP Morgan Chase, Carolyn Andriano Organizations: Service, disbarment, Justice Department, US Department of Justice, Reuters, US, Appeals, ricochet, Deutsche Bank, US Virgin Islands, Prosecutors Locations: Manhattan, Tallahassee , Florida, New York, Florida, United States, Washington, US Virgin

☆ Actually, it's a bad idea to bring your 'whole self' to work
▼ + stars: | 2024-02-16 | by ( Henry Blodget | ) www.businessinsider.com time to read: +6 min

There's an idea going around that we should bring our "whole selves" to work. Only bring the parts of yourself that colleagues will perceive as respectful and professional and help you do your job. AdvertisementOne of the most bizarre work-culture trends in recent years is the theory that you should "bring your whole self to work." No one should bring their whole self to work. So, if you, too, enjoy communicating unprofessionally with friends, don't make the same mistake I did and bring that part of yourself to work!

Persons: I've, —, we're, we've, Harvey Weinstein's, We've, Travis Kelce's, Kelce, it's, Eliot Spitzer Organizations: Service, Kansas City Chiefs, Business, Wall, New York Locations: —

NEW YORK (AP) — Nearly four years after Harvey Weinstein was convicted of rape and sent to prison, New York’s highest court will hear arguments Wednesday in his quest to overturn the landmark #MeToo-era verdict. The New York Court of Appeals agreed last year to take Weinstein’s case after an intermediate appellate court upheld his conviction. His New York trial drew intense publicity, with protesters chanting “rapist” outside the courthouse. That evidence would have served “only to make the jury hate Weinstein,” his lawyers said. During oral arguments, Judge Sallie Manzanet-Daniels said that Burke had let prosecutors pile on with “incredibly prejudicial testimony” from additional witnesses.

Persons: Harvey Weinstein, “, James Burke, Weinstein, ”, Arthur Aidala, Annabella Sciorra’s, Sciorra, Burke, would’ve, Burke’s, hadn’t, “ providently, Sallie Manzanet, Daniels, Aidala Organizations: New, Mohawk Correctional Facility, Associated Press Locations: Albany, Los Angeles, Italian, York, New York, Love, what’s, Sisak, x.com

☆ Federal lawsuit accuses NY Knicks owner James Dolan, media mogul Harvey Weinstein of sexual assault
▼ + stars: | 2024-01-16 | by ( ) www.cnbc.com time to read: +5 min

A woman has alleged that New York Knicks owner James Dolan sexually assaulted her a decade ago and then set her up to be molested by now-imprisoned film producer Harvey Weinstein, according to a federal lawsuit filed Tuesday in Los Angeles. When the tour traveled to Los Angeles, Dolan flew Croft there even though almost no tour members signed up for massage appointments, the lawsuit states. When she told Dolan of the alleged attack, he neither seemed surprised nor offered to help her report the assault to police, she alleges. Croft alleges that Dolan knew about Weinstein's misconduct toward women and told her "we all know" that Weinstein "has problems." Weinstein is currently serving a 23-year sentence for a rape and sexual assault conviction in New York that is under appeal.

Persons: James Dolan, Harvey Weinstein, Kellye Croft, Dolan, Croft, Weinstein, Danya Perry, Perry, Adam Silver, Silver, Jane Doe, Mr, Jennifer Bonjean, Anucha Browne Sanders, Isiah Thomas . Dolan, Thomas, Browne Sanders, David Stern, Charles Oakley Organizations: New York Knicks, The Eagles, JD, Associated Press, Madison, Garden Sports Corp, Knicks, NHL's Rangers, NBA, Garden, longtime Knicks, Madison Square Garden Entertainment, MSG, New York's Arts, Cultural Affairs Locations: Los Angeles, New York, Italian, Madison

☆ Masseuse accuses New York Knicks owner Jim Dolan of sexually assaulting her and looking the other way when Harvey Weinstein did, too
▼ + stars: | 2024-01-16 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

"James Dolan manipulated me, brought me to California to abuse me, and then set me up for a vicious attack by Weinstein," Croft said. "Towards the end of the massage, Dolan pulled Ms. Croft towards him. "On each of these occasions, Dolan made unwelcome advances toward Ms. Croft, and she felt obligated to submit to sex with him." Croft told Dolan that she met Weinstein and that he was "sexually aggressive" with her, and Dolan did not "express any surprise at the news," the lawsuit says. Perry continued: "Mr. Dolan always believed Ms. Croft to be a good person and is surprised she would agree to these claims.

Persons: —, masseuse, Jim Dolan, Harvey Weinstein, Dolan, Weinstein, Kellye Croft, James Dolan, Croft, Croft's, Frank Franklin II, Weinstein —, ETIENNE LAURENT, Danya Perry, Perry, Mr, Douglas Wigdor, Wigdor, Jennifer Bonjean Organizations: Service, Business, Garden Entertainment Corp, New York Knicks, New York Rangers, Attorneys, Eagles, JD, Azoff Company, NBA, Toronto Raptors, AP, Getty Locations: Madison, California, Miami, Los Angeles, New York, Dolan's, Angeles

☆ Saba Capital's 2023 woes continue. Two of its funds are down more than 10% this year.
▼ + stars: | 2023-11-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

The two biggest funds at Boaz Weinstein's Saba Capital are down by more than 10% this year. According to HSBC's weekly report, the flagship fund has lost close to 12%. Weinstein came into 2023 bearish about the economy, which has been resilient despite rising rates. Saba Capital — the $4.8 billion hedge fund manager run by Boaz Weinstein — hasn't had the best year. Two of its funds — the flagship and a more hedged version — are down 11.9% and 10.6%, respectively, through November 10, according to the latest edition of HSBC's Hedge Weekly.

Persons: Boaz Weinstein's, Weinstein, Boaz Weinstein — hasn't, — Organizations: Saba, HSBC's, Financial Times, Federal Reserve, Business Locations: Boaz Weinstein's Saba, Saba Capital, New York

☆ Weinstein group revises Sculptor bid after board's concerns -Bloomberg News
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +1 min

Boaz Weinstein, founder and chief investment officer at Saba Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 17, 2017. REUTERS/Richard Brian Acquire Licensing RightsSept 6 (Reuters) - Wall Street investor Boaz Weinstein and his group of bidders have revised their offer to buy hedge fund firm Sculptor Capital Management (SCU.N), Bloomberg News reported on Wednesday, citing people familiar with the matter. The group, called Bidder J, which includes Bill Ackman, Marc Lasry and Jeff Yass, as well as Weinstein, made the offer for Sculptor last month. Sculptor Capital Management and Weinstein's Saba Capital Management didn't immediately respond to Reuters requests for comment on Wednesday. Sculptor chose to stay with Rithm's $11.15 per share bid, saying the Bidder J offer had "significantly less certainty of closing."

Persons: Boaz Weinstein, Richard Brian Acquire, Bill Ackman, Marc Lasry, Jeff Yass, Weinstein, Dan Och, Rishabh, Sandra Maler, Leslie Adler Organizations: Saba Capital Management, REUTERS, Wall, Capital Management, Bloomberg, Sculptor Capital Management, Weinstein's Saba Capital Management, Rithm, Thomson Locations: Las Vegas , Nevada, U.S, New York, Bengaluru

☆ Bearish investor Boaz Weinstein is feeling the pain from this year's unexpected stock rally
▼ + stars: | 2023-08-10 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Boaz Weinstein has been tagged by this year's stock-market rally, according to the Financial Times. Saba Capital's flagship $1.3 billion fund is down 8% year-to-date, the publication reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. [Quantitative tightening] is going to be a real headwind for investors," Weinstein told the FT back in October. Contrary to Weinstein's gloomy forecast, US stock valuations have soared in 2023, powered higher by the rise of AI and rapidly cooling inflation.

Persons: Boaz Weinstein, Boaz Weinstein's, Weinstein, That's, Morgan Stanley's, Mike Wilson Organizations: Financial Times, Saba Capital's, Service, Federal Reserve, Nasdaq, Dow Jones, Saba Capital Locations: Saba, Wall, Silicon, Boaz Weinstein's Saba Capital

The logo of the company Royal Caribbean is seen on the 'Wonder of the Seas' cruise ship, the world’s largest cruise ship, docked at a port in Malaga, southern Spain, April 30, 2022. Cruise operators lowered prices to lure passengers onboard following the pandemic, banking on onboard spending that has now reached record levels. Onboard spending in the second quarter rose 49.9% for Norwegian Cruise Lines (NCLH.N), compared with the same period in 2019, before the pandemic. Onboard spending rose about 36.8% for Royal Caribbean Cruises and 17.2% for Carnival in the same period. Carnival and Royal Caribbean said the percentage of guests who were new to cruising surpassed 2019 levels.

Persons: Jon Nazca, Patrick Scholes, Josh Weinstein, Bob Levinstein, Cruise, Carnival's Weinstein, Jason Liberty, Brandt Montour, Granth, Anil D'Silva Organizations: Royal, REUTERS, Royal Caribbean Cruises, Carnival Corp, Carnival, Cruise, Norwegian Cruise Lines, DISNEY WORLD, Walt Disney, Custom Travel, Reuters Graphics, Cruise Lines International, . Carnival, Barclays, Thomson Locations: Royal Caribbean, Malaga, Spain, U.S, Caribbean, Orlando , Florida, They've, Bengaluru, Doyinsola, New York

☆ A convicted Ponzi schemer whose sentence Trump commuted after an intense lobbying push is now being charged with defrauding investors, again
▼ + stars: | 2023-07-19 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Prosecutors say that a convicted Ponzi schemer that Trump got out of prison defrauded people again. Trump's commutation of Weinstein's sentence was one of his final acts as president. Federal prosecutors said on Wednesday that shortly after Trump helped him get released, Weinstein concocted another scheme. Trump's commutation of Weinstein's sentence led to his release after serving less than eight years of a 24-year sentence. Prosecutors allege it did not take Weinstein very long to get back to defrauding investors.

Persons: Trump, Eliyahu, Eli, Weinstein, Donald Trump, James E, Dennehy, commutations, Alan Dershowitz, White, Mark Meadows, Jeff Van Drew, Barry Wachsler, Weinstein's, convicting Weinstein, I'm, Grewal, Eli Weinstein Organizations: Prosecutors, Service, Newark FBI, New York Times, Trump, Republican, Times, United, Twitter, COVID Locations: Wall, Silicon, New Jersey, United States, Ukraine

☆ Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi scheme
▼ + stars: | 2023-07-19 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

WASHINGTON — A New Jersey man who had his prison sentence for running a massive Ponzi scheme commuted by Donald Trump on the final day of his presidency was charged Wednesday with orchestrating a similar scheme. Eli Weinstein and four accomplices are accused of overseeing a new Ponzi scheme that prosecutors say has defrauded 150 victims out of more than $35 million. The first came in 2013, when he pleaded guilty to 45 counts of fraud and conspiracy for stealing over $200 million from investors. In 2015, he pleaded guilty in a second case, this time to committing wire fraud while he was on trial for the Ponzi scheme. Weinstein had served eight years of his 24-year prison sentence when Trump granted him clemency in 2021, as one of 143 people who received either pardons or commutations during Trump's final hours in office.

Persons: Donald Trump, WASHINGTON, Eli Weinstein, Weinstein, Trump, Alan Dershowitz Organizations: New York Times, Trump Locations: Las Vegas , Nevada, New Jersey, Trump

☆ It’s official: Silicon Valley’s entire business model is a scam
▼ + stars: | 2023-07-18 | by ( Adam Rogers | ) www.businessinsider.com time to read: +13 min

The problem is, conservative economists at the University of Chicago have spent the past 50 years insisting that under capitalism, predatory pricing is not a thing. Predatory companies could never recoup their losses, which meant predatory behaviors are irrational. Lots of economists have come up with solid counter-counterarguments to the Chicago School's skepticism about predatory pricing. A company that engages in predatory pricing and its late-stage investors might not recoup, but the venture investors do. "If people in Silicon Valley start thinking about this as a predatory pricing scam, then I think the late-stage investors will start asking questions."

Persons: Matt Wansley, Wansley, we're, Uber, Cardozo, Sam Weinstein, gobs, you've, —, Brooke, Spencer Waller, Matsushita, Weinstein —, Justice Department —, it's, Weinstein, Matt, that's, Will Uber, Waller, David, Maurer, they've, Adam Rogers Organizations: Lyft, Big Tech, Cardozo School of Law, Justice Department, University of Chicago, Chicago School, Supreme, Matsushita Electric Industry Co, Zenith Radio Corp, Brooke Group, Brown & Williamson Tobacco Corp, United, Loyola's School of Law, Venture, Matsushita, VCs, Chicago, Loyola, pharma, aha, Wansley Locations: United States, Chicago, Silicon Valley, Silicon

☆ Harvey Weinstein is demanding $1 million from a man he claims stole his Banksy paintings
▼ + stars: | 2023-07-18 | by ( Jack Newsham | ) www.businessinsider.com time to read: +2 min

Harvey Weinstein says a man lent him $350,000 for bail but won't return art used as collateral. He's demanding the return of the other Banksy and six other works — or $1 million. Reich is refusing to hand the remaining Banksy over, along with six other works of art that he'd been holding in case the Banksy works lost value. Robert Hantman, Weinstein's lawyer, said the two men were acquaintances and Reich lent Weinstein the money when he was trying to make bail. The lawsuit seeks the return of whatever Banksy works Reich might still have, as well as the other six works.

Persons: Harvey Weinstein, Banksy, Weinstein, Steven Michael Reich, Reich, he'd, Robert Hantman, Reich didn't, Alfred Eisenstaedt, Ron Agam Organizations: Service, Mohawk Correctional Locations: Wall, Silicon, Manhattan, Los Angeles, York

☆ Stocks making the biggest premarket moves: Nike, Apple, Dominion Energy, Carnival and more
▼ + stars: | 2023-06-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Nike's fiscal fourth-quarter earnings were 66 cents per share, versus the 67 cents consensus estimate, per Refinitiv. Apple — Apple shares rose 0.8%, putting the tech giant on track to reach a $3 trillion market cap. Carnival — Shares of the cruise line rose 3% in premarket trading after Jefferies upgraded Carnival to buy from hold. Savers Value Village — Shares slipped 2% in the premarket, after jumping 27% during their first day of trading Thursday. Freyr Battery — The stock popped another 5% in premarket trading, following an 11% gain on Thursday.

Persons: Jefferies, Josh Weinstein's, Morgan Stanley, —, Sam Subin, Jesse Pound, Alex Harring Organizations: Nike, Nike —, Apple, Citi, Jefferies, Dominion Energy, Millstone, Constellation Brands, Corona, Revenue Locations: Chicago , Illinois, U.S, Pacifico

☆ Cruise stocks soar as industry rebounds. Here's what analysts expect to happen next
▼ + stars: | 2023-06-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

Carnival and Norwegian Cruise Line hit 52-week highs Wednesday, while Royal Caribbean did so Tuesday. RCL YTD mountain Royal Caribbean year to date For Farley, Royal Caribbean stands out because it has about 64% of its cruises in the Caribbean, a strong market. Investors now may be waiting to see if there will be more price target increases from analysts after the latest run up. Royal Caribbean has 3% downside to the average analyst price target of $92.77 as of Tuesday's close, per FactSet. Carnival has 21% downside to its average price target of $12.11, and Norwegian has 15% downside to its $16.60 average price target.

Persons: It's, Jason Liberty, Patrick Scholes, Robin Farley, Matthew Boss, Bank of America's Andrew Didora, Josh, Didora, Farley, Truist's Scholes, James Hardiman, Greg Badishkanian, Scholes, Managements, Boss, CNBC's Michael Bloom, Josh Weinstein Organizations: shutdowns, Wall Street, Cruise Line, Royal, CNBC, Royal Caribbean, JPMorgan Chase, Bank of America, CCL, Bank of America's, UBS, Argus Research, Citi, Wolfe Research, JPMorgan, Investors Locations: Royal Caribbean, U.S, Miami, Tuesday's, Caribbean, Norwegian

Amid "continued demand momentum" for the cruise industry, JPMorgan is bullish on Carnival . The bank upgraded the cruise liner's shares to overweight from neutral in a Monday note. Analyst Matthew Boss also raised his price target to $16 from $11, implying more than 22% upside from Friday's close. Boss underscored Weinstein's comments that Carnival is "no longer riding the coattails of a post-pause pent-up." "On the top-line, we came away confident in current trends with all three management teams," Boss said.

Persons: Matthew Boss, Boss, Josh Weinstein —, —, — CNBC's Michael Bloom Organizations: JPMorgan, CCL

☆ Taylor Swift, Warren Buffett, and Elon Musk: an elite investor isn't shy of name-dropping to promote a niche type of fund
▼ + stars: | 2023-06-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Discounted closed-end funds aren't exactly the most headline-grabbing part of Wall Street. The elite investor also mentioned Elon Musk while explaining his fondness for these niche funds. "The majority of Warren Buffett's holdings when he was about to enter that class were discounted closed-end funds," Weinstein said. "In closed-end fund arbitrage, you can actually control your destiny," he said. Weinstein's firm takes activist positions in closed-end funds run by BlackRock and other big asset managers.

Persons: Boaz Weinstein, Taylor Swift, Warren Buffett, Elon Musk, —, Scott, Weinstein, Benjamin Graham's, Warren Buffett's, Elon, Buffett, Ed Thorp, Warren Organizations: Service, Saba Capital Management, Bloomberg, Berkshire Hathaway, SpaceX, Twitter, BlackRock Locations: Wall

☆ Despite all odds, consumers are still traveling this summer. Here are the stocks you need to own
▼ + stars: | 2023-05-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +11 min

Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.

Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Miramax launched a film development team to resurrect its blockbuster-rich heyday. But a string of key departures has hobbled the vision and frustrated some Hollywood creatives.
▼ + stars: | 2023-03-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +7 min

Miramax built out a film development team early in the pandemic to bring in new projects and filmmakers. "He's the perfect leader to take the Miramax film team into this next chapter." Hammer's credits as a production executive include "Last Vegas" and "Inside Llewyn Davis." The first source said the film development team had worked to turn the company's reputation around by emphasizing relationships with respected filmmakers. But this person and an independent producer familiar with the Hollywood landscape, agreed that Miramax is no longer a top player in film development.

Search resuls for: "Weinstein's"

25 mentions found