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☆ 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

☆ Virtual reality could unlock better treatment for psychosis — a use case that's gaining traction globally
▼ + stars: | 2024-06-07 | by ( Jake Hall | ) www.businessinsider.com time to read: +8 min

Some researchers are advocating the benefits of VR therapy for psychosis treatment. A clinical trial showed VR therapy reduced anxiety and agoraphobia in people with psychosis. Anywhere from 15 to 100 people out of 100,000 develop psychosis annually, according to the National Institute for Mental Health. AdvertisementThere's a growing body of research that demonstrates the efficacy of VR treatment, yet Bullock described healthcare providers as a "cautious group by nature." Despite reluctance among US healthcare providers, researchers in the UK, Hong Kong, Canada, and elsewhere are building a convincing case for VR treatment.

Persons: —, Daniel Freeman, Freeman, Kai Conibear, Conibear, It's, Kim Bullock, neuropsychiatrics, Bullock, who've, Jessica Wong, Wong, — Conibear Organizations: Service, Oxford University, National Institute for Mental Health, National Health Service, Stanford University, VR, Museum, hospital's Institute of Mental Health Locations: Tuen Mun District, Hong Kong, Canada

☆ Over 50 years after its creation, Diane von Furstenberg says the wrap dress is her greatest professional accomplishment
▼ + stars: | 2024-06-06 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewDiane von Furstenberg is reflecting on the legacy of the wrap dress. The wrap dress changed von Furstenberg's lifeVon Furstenberg created the wrap dress in 1973, taking inspiration from ballerina's tops and bright fabrics she first saw in Italy, as she shared in the documentary. AdvertisementA model walks in a Diane von Furstenberg wrap dress in 1973. AdvertisementTalita von Furstenberg and Diane von Furstenberg in March 2024. Gotham/GC Images/Getty ImagesAnd though the wrap dress has defined her professional life, von Furstenberg said her family is her greatest source of pride.

Persons: —, Diane von Furstenberg, Oscar, Sharmeen Obaid, Trish Dalton, von, von Furstenberg, Fabiola Beracasa Beckman, Tracy Aftergood, Von Furstenberg, Julie Nixon Eisenhower, Oprah Winfrey, Karlie Kloss, it's, DVF, Barry Diller, Talita von Furstenberg, Furstenberg Organizations: Service, Hulu, Tribeca, Business, CNN, Fairchild, QVC, Target, Gotham Locations: Europe, New York, Dalton, Italy

AdvertisementDonald Trump sits next to his attorneys Todd Blanche and Emil Bove during the former president's criminal hush-money trial in Manhattan. Eric Trump listens as his father, Donald Trump, speaks to the media in the courtroom hallway during the former president's criminal hush-money trial. Vance listens as Donald Trump speaks to the media in the Manhattan courthouse where his hush-money trial is taking place. AdvertisementFormer President Donald Trump speaks alongside his wife, former first lady Melania Trump, during a rare joint appearance as they arrived to vote in Florida's primary election. "There was no crime," Donald Trump railed Tuesday as he spoke to reporters in the courtroom hallway.

Persons: —, Donald Trump, Melania Trump, Michael Cohen —, Vivek Ramaswamy, Mike Johnson, Doug Burgum, Byron Donalds, Cory Mills, Donald Trump's, Eric Trump, Lara Trump, Todd Blanche, Emil Bove, Craig Ruttle, Trump, Johnson, Cohen, Justin Lane, Susan Hoffinger, Ohio Sen, J.D, Vance, Nicole Malliotakis, Alabama Sen, Tommy Tuberville, Brenna Bird, Steve Marshall, Mark Peterson, Michael Cohen, Florida Sen, Rick Scott, Ken Paxton, Katie Phang, Jeanine Pirro, Andrew Guiliani, Rudy Giuliani, Rachel Maddow, Lawrence O'Donnell, CNN's Anderson Cooper, Giorgio Viera, reimbursing Cohen, Stormy Daniels, Daniels, I've Organizations: Service, Trump, Business, GOP, Mike Johnson , North Dakota Gov, Florida Rep, cochair, Republican, Vance , New York, Alabama, Conservative, Fox News, Getty, Prosecutors, Manhattan, Attorney's Locations: York, Manhattan, Mike Johnson ,, Florida, Cory Mills of Florida, Washington, Donalds, Ohio, Vance ,, Alabama, Iowa, Texas, Tahoe

☆ Trump Voter Proved MyPillow's Mike Lindell Wrong. He Wants $5 Million.
▼ + stars: | 2024-05-12 | by ( Brent Crane | ) www.businessinsider.com time to read: +19 min

He called it the Prove Mike Wrong challenge. He entered the Prove Mike Wrong challenge with low confidence he would win the exorbitant pot, estimating he had a 0.5% chance of disproving Lindell's "evidence." He had indeed Proven Mike Wrong, and now Mike must pay. In March, during a rally in Wisconsin, Trump praised him as "the great, legendary Mike Lindell." Jared Bartman for BIUnder deposition in the arbitration proceedings over his refusal to pay Zeidman, Lindell was a tornado of evasion and contradiction.

Persons: Joe Biden's, Mike Lindell, Donald Trump, Lindell, Trump, Bob Zeidman, Zeidman chafed, Mark Zuckerberg, Zeidman, Dennis Montgomery, Montgomery, Lindell's, Mike, Carrie, I've, Jared Bartman, George W, Bush, Mitt Romney's, Barack Obama, Romney, God, Lara Trump, Trump's, MyPillow, Zeidman's, Brian Glasser, Glasser, Zeidman pities Lindell, Biden, He's, he'll Organizations: Trump, Democrats, Oracle, Google, CIA, US, Zeidman, BI, Cleveland Jewish, Republican, Democratic Party, White, Republican National Committee, Lindell, Voting Systems, eTreppid Technologies, Trump International, bewilderment, Lindell Management Locations: Sioux Falls , South Dakota, Sioux Falls, Al Jazeera, Las Vegas, Vegas, Minnesota, Sumerlin, Israel, Trump, Wisconsin, Nevada, Montgomery, Sin City, America

☆ Celebrities who have surprisingly never attended the Met Gala
▼ + stars: | 2024-05-05 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: 1 min

Meryl Streep was nearly a co-chair in 2020, but the pandemic canceled the event. Meryl Streep. Jordan Strauss/AP ImagesA three-time Academy Award winner and nine-time Golden Globe winner, Meryl Streep is accustomed to red carpets. However, although the acting legend has starred in several fashion-forward roles in movies like "The Devil Wears Prada" — in which she essentially played Met Gala organizer and Vogue editor-in-chief Anna Wintour — and "Mamma Mia," she's never attended the Met Gala. Streep was actually set to be a cochair for the 2020 Met Gala; however, the COVID-19 pandemic prevented the event from taking place that year.

Persons: Meryl Streep, Jordan Strauss, Anna Wintour —, Mamma Mia, she's, Streep Organizations: Golden Globe, Vogue

☆ Donald Trump says he doesn't care too much about his legal troubles: 'Life is life'
▼ + stars: | 2024-05-05 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewDonald Trump told attendees at a private donor event in Florida on Saturday that he wasn't too bothered about his numerous legal troubles. Nevertheless, Trump told those in attendance that he was shocked when he first found out he had been indicted. I got indicted," Trump said, per the report. REUTERS/Jane RosenbergDuring the Mar-a-Lago event, Trump also took the opportunity to hit out at Democrats, saying they were "running a Gestapo administration," referencing the Nazi secret police force. Doug Burgum, Ohio Sen. JD Vance, Florida Sen. Marco Rubio, and Florida Rep. Byron Donalds.

Persons: —, Donald Trump, It's, Trump, Stormy Daniels, Jane Rosenberg, Biden, South Carolina Sen, Tim Scott, Elise Stefanik, Doug Burgum, Doug Burgum , Ohio Sen, JD Vance, Florida Sen, Marco Rubio, Byron Donalds, Mike Johnson, cochair Lara Trump, Donald Trump's Organizations: Service, Mar, NBC News, Business, REUTERS, Manchurian, Republican National Committee's, Sunshine, CNN, Tim Scott , New York, North Dakota Gov, Florida Rep, House GOP Locations: Florida, New York, China, Russia, Ukraine, Sunshine State, South Carolina, Tim Scott ,, North, Doug Burgum , Ohio

☆ Carlyle thinks it's a good time to move on sports teams, but investors should be careful
▼ + stars: | 2024-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Carlyle also sees an opportunity to take advantage of sports' greater openness to institutional capital as teams get more expensive. Advertisement"Post-COVID, no content is more important than sports content," Fund said. Successfully running a team isn't as easy as investing in oneCarlyle sees openings for outside investors in teams as their valuations soar. "As teams become more expensive, you're running out of people to buy controlling stakes in teams," Fund said. Key to the Reign deal, for example, was having the Sounders, with its deep market knowledge, as a day-to-day operator.

Persons: —, Carlyle, Ben Fund, Alex Popov, cochair David Rubenstein, We've, We're Organizations: Service, National, Soccer, Seattle, FC, Seattle Sounders, Business, Fund, Baltimore Orioles, NFL, Sounders

☆ Newly minted RNC chair Lara Trump says they've got lawsuits cooking in 81 states. There are 50 states.
▼ + stars: | 2024-04-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Advertisement"We have lawsuits in 81 states right now," Trump told Bolling. "Maybe there are 81 states in the future and she's a time traveler," an X user named Mike Freeman said in a post. AdvertisementLate-night host Jimmy Kimmel couldn't resist mocking Lara Trump either when he referenced the moment in his monologue on Wednesday night. "In 81 states! Last week, she fired back when a viewer questioned her intellect on her podcast, "The Right View with Lara Trump."

Persons: —, Lara Trump, — who's, Donald Trump's, Eric —, we're, Eric Bolling, Jocelyn Benson, Trump, Bolling, 3vZ8mRYvgE —, Mike Freeman, Jimmy Kimmel, they're, Kimmel, Donald Trump, Michael Whatley, Lara, MAGA, hasn't, Lara Trump's Organizations: Service, Republican National, RNC, Business, South Virginia ., North, North Carolina GOP Locations: Tennessee, . West Dakota, South Virginia, South Virginia . Indiana, North Carolina

☆ Meet Lara Trump, Donald Trump's daughter-in-law whom he handpicked to lead the RNC
▼ + stars: | 2024-03-15 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Lara Trump, a former TV news producer married to Eric Trump, is the new cochair of the RNC. She's been heavily involved in Donald Trump's presidential campaigns through the years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLara Trump, who is married to Donald Trump's son Eric, has been a loyal supporter of her father-in-law's political career since his first campaign in 2016. Now, with Donald Trump's support, Lara Trump is gaining even more power in the GOP as the new cochair of the Republican National Committee.

Persons: Lara Trump, Eric Trump, She's, Donald Trump's, —, Eric Organizations: RNC, Fox News, Service, GOP, Republican National Committee, Business

☆ The RNC just hired election denier Christina Bobb as a 'senior counsel for election integrity'
▼ + stars: | 2024-03-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewA pro-Trump attorney who spread false theories about the legitimacy of the 2020 election has been hired by the Republican National Committee as senior counsel in a newly formed "election integrity" unit. AdvertisementShe added: "We can never allow what happened in 2020 and the questions surrounding that election to ever happen again." Bobb has long claimed that the 2020 election was stolen, including in her book "Stealing Your Vote: The Inside Story of the 2020 Election and What It Means for 2024." This is now a pivotal aspect of Special Counsel Jack Smith's election obstruction case against the former president. AdvertisementAside from her efforts to undermine the 2020 election, Bobb was also involved in defending Trump following the 2022 raid of Mar-a-Lago.

Persons: —, Christina Bobb, Lara Trump, Bobb, Donald Trump, Joe Biden, pollsters, Rudy Giuliani, Jack Organizations: Service, Trump, Republican National Committee, RNC, Washington Post, Business, Fox, Truth, America News, Dominion Voting Systems, CNN Locations: Maricopa County , Arizona, Trump's, Mar, Trump's Florida

☆ NASA’s DART mission: Spacecraft impact reshaped Dimorphos asteroid
▼ + stars: | 2024-02-27 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —When NASA’s Double Asteroid Redirection Test spacecraft intentionally slammed into the asteroid Dimorphos in September 2022, the impact may have caused “global deformation” of the space rock, according to new research. Dimorphos is a moonlet asteroid that orbits a larger parent asteroid known as Didymos. The DART mission ended upon impact, but prior to colliding with Dimorphos, the spacecraft transmitted an incredibly detailed view of the little asteroid’s boulder-covered surface that is helping researchers learn more about how the space rock formed. Rather than forming a simple crater on Dimorphos, the DART impact reshaped the entire asteroid, the results have suggested. Recreating the DART impactA team of researchers modeled the impact using the Bern smoothed-particle hydrodynamics shock physics code to achieve their results.

Persons: Dimorphos, It’s, ”, Dr, Sabina Raducan, Japan’s, ” Raducan, Martin Jutzi, Hera, Raducan, Sir Brian May, Claudia Manzoni Organizations: CNN, DART, Dimorphos, University of Bern’s Physics Locations: Italian, Dimorphos, Bern, Switzerland

☆ Elon Musk says he was offered shares in OpenAI but didn't accept them because it 'seemed unethical'
▼ + stars: | 2024-02-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: 1 min

AdvertisementElon Musk claims he was offered shares in OpenAI at "various points" but says it "seemed unethical/illegal to accept them." He was cochair of the AI company along with Sam Altman when it was founded in December 2015 and pledged $1 billion to the project. OpenAI was created as a nonprofit focused on developing artificial intelligence "in the way that is most likely to benefit humanity as a whole." This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Elon Musk, Sam Altman, OpenAI Organizations: Elon, Business Locations: OpenAI

☆ Nikki Haley says Trump wants to 'control' the RNC and use it as a 'piggy bank' for his legal battles
▼ + stars: | 2024-02-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

"We see him trying to get control of the RNC, so he can continue not to have to pay his own legal fees,” she told CNN. Trump's fundraising committees spent roughly $50 million in 2023 on legal fees, FEC filings show. I don't want the RNC to become his piggy bank for his personal court cases," Haley said. “Now we see him trying to get control of the RNC so he can continue not to have to pay his own legal fees,” Haley continued. "All of that is so that he has an arm to pay his legal fees.

Persons: Nikki Haley, ”, Donald Trump, Haley, Kaitlan Collins, Trump, Jean Carroll, Carroll, We've, ” Haley, Michael Whatley, Ronna McDaniel, Lara Trump, Trump's Organizations: RNC, CNN, GOP, Republican National Committee, Senate, North Carolina Republican Party, South Carolina, Republican

☆ Golf simulators, doggy daycare, flexible leases, and free rent: Why now may be the best time to shop for a new office
▼ + stars: | 2023-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.

Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States

☆ Can college sports teams unionize? We're about to find out.
▼ + stars: | 2023-09-23 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +8 min

The case for unionizing college sports teams is a precarious one, as athletes face significant barriers under federal labor law. The NCAA, along with the colleges that house sports teams, consider players amateurs and, therefore, not employees of their college. There is an NLRB case that an administrative law judge will hear this November that could open the floodgates for college teams to unionize. If the judge rules in favor of the National College Players Association, it would give both public and private college athletes the right to unionize under the NLRA, LeRoy said. Have other college sports teams tried to unionize before?

Persons: Cade Haskins, Romeo Myrthil, Michael LeRoy, LeRoy, —, Jennifer Abruzzo, Haskins, Myrthil, shouldn't, Northwestern, Irwin Kishner, Herrick Feinstein, Kishner, we'll Organizations: Dartmouth, Service, NCAA, Ivy League, National Labor Relations Board, NLRB, University of Illinois, National Labor Relations, unionizing, National College Players, University of Southern, USC, National College Players Association, Ivy League Agreement, Northwestern, Sports Law Locations: Wall, Silicon, Urbana, Champaign, University of Southern California, Abruzzo, unionize, New York

☆ Shattering the myth of men as hunters and women as gatherers
▼ + stars: | 2023-06-30 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

But researchers have found that women in foraging societies were often the ones bringing home the bacon (and other prey, too). Of the 63 foraging communities examined, 50 had records documenting women hunting. Women hunted game of all sizes, “with large game pursued the most,” the study authors reported. Women also used specialized tools: In the Philippines, for example, Agta women hunted with knives, bows and arrows, or a combination of the two weapons, depending on personal preference. In many of the groups, it seemed as though women had a more flexible approach to hunting than men did, Wall-Scheffler said.

Persons: Cara Wall, Scheffler, “, ”, Vivek Venkataraman, ” Venkataraman, Venkataraman, ” Mindy Weisberger Organizations: CNN, Seattle Pacific University, Seattle Pacific, Charles University, University of Calgary, Scientific Locations: Czech Republic, Philippines, Canada

☆ The largest hedge fund in the world just named a 37-year-old woman as a co-CIO. Meet the top 11 execs leading Bridgewater into its new era.
▼ + stars: | 2023-02-02 | by ( Alyson Velati | Michelle Abrego | ) www.businessinsider.com time to read: +12 min

Karen Karniol-Tambour will join co-CIOs Greg Jensen and Bob Prince to oversee the hedge fund's investment strategy. Despite a breakout year for many multi-strategy and macro hedge funds, Bridgewater lagged behind its peers. Nir Bar Dea, co-CEOBar Dea. Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Since joining Bridgewater in 1986, he has been a partner in building the hedge fund's investment process and products.

☆ The 10 people transforming DEI - from the founder of Stop AAPI Hate, to the CEO of Eaton
▼ + stars: | 2022-11-20 | by ( Business Insider | ) www.businessinsider.com time to read: 1 min

Craig Arnold, CEO and Chairman, Cochair, Eaton, Second Chance Business CoalitionRoger MastroianniCraig Arnold, the cochair of the Second Chance Business Coalition, founded in 2020, is one of the people at the forefront of this movement. Arnold leads the organization of top employers working to improve hiring chances for those who have been incarcerated. "As members of the business community, we've long believed it's our responsibility to remove barriers to employment by allowing people with prior criminal records to fairly compete for job opportunities," Arnold said.

☆ Meet the 11 execs leading Bridgewater into a new era after Ray Dalio relinquished control of the hedge fund
▼ + stars: | 2022-11-04 | by ( Alyson Velati | ) www.businessinsider.com time to read: +14 min

Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Karen Karniol-Tambour, cochief investment officer for sustainabilityKaren Karniol-Tambour, Bridgewater's cochief investment officer for sustainability. Rebecca Patterson, chief investment strategistBridgewater's chief investment strategist, Rebecca Patterson. In 2012, she joined as the chief investment officer of Bessemer Trust, managing $85 billion in client assets. The partnership elected three directors to Bridgewater's operating board of directors, which now has control over Bridgewater after Dalio relinquished control of the hedge fund.

The House of Representatives on Friday voted for the second time on a bill to decriminalize cannabis. US lawmakers just voted for the second time to federally decriminalize cannabis. Among the Republicans who voted for the bill were Florida Rep. Matt Gaetz, California Rep. Tom McClintock, and Florida Rep. Brian Mast. Two Democrats voted against the bill: Rep. Chris Pappas of New Hampshire, and Rep. Henry Cuellar of Texas. It was updated on April 1, 2022 when the House of Representatives voted to pass the MORE Act a second time.

☆ Tom Carper's love of Amtrak doesn't take a back seat to Joe Biden's
▼ + stars: | 2021-06-06 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +14 min

His committee oversees surface transportation, and he loves trains, just like "Amtrak Joe." "Then they named it after Joe Biden, and my staff was so ticked off. Sen. Thomas Carper and then-Vice President Joe Biden speak at the former GM Boxwood Plant in October 2009 in Wilmington, Delaware. Tom Carper and Chris Coons speak to reporters after meeting with President Joe Biden at the White House in February, 2021. As he left, "Tell Joe Biden we love him," the ticket counter attendant said.

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