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☆ Inside $178 billion Man Group's Oxford gathering: Academic hotshots, internal rising stars, and $25 trillion in institutional capital
▼ + stars: | 2024-09-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEven when compared to the impressive and lengthy history of the University of Oxford, this week's gathering at Trinity College is noteworthy. Academics, nerds, and rising starsThe speakers over the two-plus days are roughly half Man employees and half external invitees. The firm balances the external speakers — from finance and other disciplines — with a line-up of Man executives and internal rising stars who are working on something that ties into the overall theme. Oxford offers plenty of advantages for the firm's leadership to get to know the decision makers at these firms.

Persons: —, Tom Holland, Steven Desmyter, Milken, Desmyter, there's, Holland, Morgan Stanley, Clare Woodman, John Curtice, Jamie Dimon, Goldman Sachs, Lloyd Blankfein, Mike Lynch, Sumant Wahi, Vinayak Kumar, It's Organizations: Service, University of Oxford, Trinity College, Business, Ashmolean Museum, BBC, Morgan Stanley EMEA, Oxford, Oxford Man Institute, Union House Locations: British, Davos, Hawaii, Sydney, Sicilian, it's, Rhodes House, Trinity, New York, London, Dubai

☆ The pros and cons of a condensed campaign for Harris: From the Politics Desk
▼ + stars: | 2024-08-23 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, "Meet the Press" moderator Kristen Welker examines whether a shortened campaign calendar will help or hurt Vice President Kamala Harris. Plus, we dive into Robert F. Kennedy's decision to suspend his third-party bid and back former President Donald Trump. I’m speaking, of course, of Donald Trump,” Kennedy added. Still, the initial conservations started earlier, about a week before the Republican convention, with right-wing commentator Tucker Carlson connecting Trump Jr. with Kennedy. From there, Trump Jr. and donor Omeed Malik served as go-betweens to help close the deal.

Persons: Kristen Welker, Kamala Harris, Robert F, Donald Trump, — Harris, Joe Biden’s, Kennedy Jr, Harris, Tim Walz, Vance, Harris ’, Biden, —, Chuck Todd, Hillary Clinton, ” Harris, Alex Seitz, Wald, Read, Matt Dixon, Henry J, Gomez, →, Trump, Katherine Koretski, Ben Kamisar, Garrett Haake, Dasha Burns PHOENIX — Robert F, “, Kennedy, ”, ” Kennedy, Mary Beth Cahill, “ Donald Trump isn’t, he’s, Donald Trump Jr, Tony Fabrizio, Tucker Carlson, Omeed Malik Organizations: NBC, White House, Capitol, Democratic, Trump, → RFK, Democrats, Democratic Party, Democratic National Committee, RFK Jr, GOP, Trump ”, Republican, Trump Jr Locations: Oakland, Iowa, Pennsylvania, Arizona, Ukraine

Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom. The Harris campaign is immediately being more intentional at courting this community, dispatching aides to meet with affinity groups representing venture capitalists and the cryptocurrency industry. And she has hired additional fund-raising aides with ties to the Bay Area who helped organize Sunday’s event. Ms. Harris also has connections that Mr. Biden simply does not. Josh Becker, who represents much of Silicon Valley in the California Senate and is close with many industry heavyweights, said he had hosted Ms. Harris in his home two decades ago.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris, ”, “ Harris Walz ”, Donald J, Trump, podcaster David Sacks, Sacks, Sheryl Sandberg, Laurene Powell Jobs, Steve Jobs, Josh Becker, Becker, ” Mr, Jason Henry, Nancy Pelosi, Jeffrey Katzenberg, Tom Steyer, Liz Simons, John Doerr, Reid Hoffman, Steve Westly, Getty, scions, Westly, Harris “, Eleni Kounalakis, —, ” Lateefah Simon, “ Kamala Harris, Simon, “ She’s, Ms, Ron Conway, Steve Spinner, Barack Obama’s, Hopkins, Mr, Spinner Organizations: Sunday, Obama, Bay Area, Facebook, Apple, San, California Senate, The New York Times, Biden, Area, InterContinental Locations: San Francisco, Nob, Woodside, Menlo, California, Pacific Heights, Silicon Valley, Versailles, Bay

For a time, Donald Trump would have made for an unlikely headliner at a cryptocurrency confab. As president, Trump declared bitcoin “not money” and criticized it as “highly volatile and based on thin air.” He cautioned that crypto assets helped facilitate illegal underground markets. “We have only one real currency in the USA, and it is stronger than ever,” Trump wrote on Twitter in 2019. Despite cryptocurrency’s troubling recent history and his own past reservations, Trump has fully embraced the hype and hopes of the nascent industry. The industry, in turn, has embraced Trump.

Persons: Donald Trump, Trump, bitcoin “, ”, ” Trump, Nashville —, Read Organizations: Twitter, United States, Biden Locations: USA, Nashville, United States, Wisconsin

☆ Donald Trump once trashed bitcoin as ‘based on thin air.’ Now, he’s addressing crypto’s largest convention
▼ + stars: | 2024-07-27 | by ( Steve Contorno | Aaron Pellish | ) edition.cnn.com time to read: +8 min

Trump’s campaign would not say what sparked the former president’s 180-degree turn on bitcoin. Billionaire crypto tycoons Tyler and Cameron Winklevoss each pledged to donate $1 million worth of bitcoin to Trump’s campaign. The cryptocurrency industry has experienced a resurgence since the downfall of FTX. Trump supporters were not hard to find inside the Bitcoin Conference. Luke Broyles, a 25-year-old Michigander working in the crypto industry, was similarly unsure of Trump’s latest entreaties despite his recent rhetoric.

Persons: Donald Trump, Trump, bitcoin “, ”, ” Trump, Jacob Silverman, bitcoin, Sam Bankman, Larry David, Tom Brady, Fried, Brian Hughes, South Carolina Sen, Tim Scott, ” Scott, David Bailey, Bailey, cryptocurrency, tycoons Tyler, Cameron Winklevoss, Cryptocurrency, Ohio Sen, JD Vance, David Sacks, Biden, ” Sacks, “, ” Tyler Winklevoss, Eric Soufer, cryptocurrencies, ” Soufer, FTX, Robert F, Kennedy Jr, John Fischer, ” Fischer, Luke Broyles, Trump’s, ” Broyles Organizations: Nashville CNN, Twitter, United States, Biden, Capitalism, CNN, Republican, Trump, South, BTC Inc, Mar, Commission, Billionaire, Music City Center, Independent, Pew, Libertarian Party, Bitcoin Conference Locations: USA, Nashville, United States, Wisconsin, St, Cloud , Minnesota, South Carolina, Silicon, Washington, Atlanta, cryptocurrency

☆ AI Forge promised to help founders build their dream startups. Some say the incubator was a chaotic disappointment.
▼ + stars: | 2024-07-23 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +12 min

In September, about a dozen founders arrived in Miami to participate in AI Forge, a new startup incubator. Courtesy of an AI Forge Miami participantJackson said that none of the Miami founders had complained about developers turning work in late. AI Forge agreed to take over 9% of their businesses, "but that means they've got the other 91%," he said. Two Miami founders said they were considering taking legal action against AI Forge over their late and missing payments. AdvertisementAI Forge discontinued its Miami program after the first run, but it launched its third London program in May.

Persons: They'd, Kevin Jackson, —, hadn't, Jeffrey Greenberg, Slack, Jackson, Forge, PitchBook, they'd, Forge hadn't, didn't, they've, Craig Massey, Massey, Forge's, Heradio Luces Organizations: Service, Founders, Six Miami, Universal, Getty, Forge, Miami, London Locations: Miami, Italy, Miami Bay, Turkey, Los Angeles, Pennsylvania, London

☆ Netflix and Amazon are duking it out over brand partnerships as streaming ads enter a new phase
▼ + stars: | 2024-07-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Read previewThe battle between streamers for TV ads is ushering in a new push for brand partnerships, from joint marketing campaigns to product placements. It's also bringing in ad chief Peter Naylor's team into conversations brands are having with VP Magno Herran, who's long overseen marketing partnerships. AdvertisementBrand reps looking to discuss partnerships have noticed Netflix and Amazon ad salespeople popping up unexpectedly in meetings. To fuel their efforts, they're hiring legacy TV ad sellers, throwing extravagant TV upfronts presentations, and adding live events and sports to sweeten their offerings for advertisers. AdvertisementApple TV+ doesn't have an advertising tier (yet), but it's pushing more into brand partnerships, recently hiring an Endeavor exec to work on brand deals across its titles.

Persons: —, who've, It's, Peter Naylor's, Magno Herran, Lauren Anderson's, Alan Moss, Jennifer Verdick, Elisabeth Daniels, Maisel, They're, Jen Cowan, Libby Bush, Bush Organizations: Service, Netflix, Business, MGM Studios, WWE, Cannes, Brands, Amazon, Marriott, PQ Media, Talent, CAA, Ally, Apple, Endeavor Locations: Banks

“It’s not like Biden’s inner circle didn’t know this,” one Democratic strategist close to the White House said of the extent of the president’s recent decline. “Expect a drip, drip, drip,” said one former Biden White House official. “Blinders are off and everyone is aware,” one source close to the White House told CNN. “He’s declined,” one House Democratic lawmaker who attended the gala told CNN. She wields influence in the White House and campaign, and sits in on some of the president’s political meetings.

Persons: Joe Biden, George Clooney wasn’t, Biden, “, ”, Barack Obama, Obama, Bill Clinton, “ He’s, –, ’, Camp David, “ It’s, Tom Vilsack –, Andrew Bates, “ Joe Biden, ” Bates, Jens Stoltenberg, Keir Starmer, Jacquelyn Martin, Nancy Pelosi, Lester Holt, Ari Emanuel, Ron Klain, ” Emanuel, Klain, Emanuel, Bates, Brett McGurk, Xi Jinping, Kevin Lamarque, Lady Jill Biden, Hunter Biden’s, Emmanuel Macron, Jill Many, Jill Biden, Chris Kleponis, “ She’s, she’s, Jill Biden’s, Valerie Biden Owens, Jill, Valerie won’t, CNN’s Priscilla Alvarez, Kylie Atwood, Betsy Klein, Arlette Saenz, Phil Mattingly Organizations: CNN, Peacock Theater, Radio City Music Hall, Democrat, White, Democratic, Biden, Camp, Los, “, Biden White House, NATO, British, AP, MSNBC, NBC, White House, Congressional Hispanic Caucus, Economic Cooperation, Getty, Democratic Party Locations: Los Angeles, Italy, California, New York, Washington, Las Vegas, Aspen , Colorado, United States, Filoli, Asia, Woodside , California, Wilmington , Delaware, Paris, France, Wilmington, Pennsylvania, AFP

☆ Sun Valley: Welcome to the secret summer camp for billionaires
▼ + stars: | 2024-07-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

The vibe is trail-dad chic — think puffy Patagonia vests and Apple watches and stealth-wealth cashmere pullovers. Sun Valley is also widely believed to be the place where Jeff Bezos decided to buy The Washington Post, and the site of the meet-cute between Comcast and NBC Universal. There are also some notably absent names from the guest list this year. Bob Iger, CEO of Disney and one of the most recognizable business leaders on the planet, wore a name tag and aviators at last year's Sun Valley summit. Questions about President Joe Biden’s ability to campaign have wealthy donors and Democratic officials in a tizzy.

Persons: ”, Jeff Bezos, Warren Buffett, Sam Altman, Bob Iger, Tim Cook, Meta’s Mark Zuckerberg, Google’s Sundar Pichai, Rupert Murdoch, Oprah Winfrey, David Zaslav, Zaslav, Kevin Dietsch, There’s Buffett, Greg Abel, Buffett, Astrid, Elon Musk, Joe Biden’s, Gretchen Whitmer, Josh Shapiro, Wes Moore, Biden, it’s, Hamilton Nolan Organizations: New, New York CNN, Friedman, Allen & Company, Washington Post, Comcast, NBC Universal, Idaho Mountain Express, Disney, Warner Bros, Bloomberg, Variety, Discovery, Paramount, Democratic Locations: New York, Hailey , Idaho, Sun Valley , Idaho, Idaho, America, Sun

☆ Warren Buffett's Berkshire Hathaway owns 3% of the entire T-bill market, JPMorgan estimates
▼ + stars: | 2024-06-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Berkshire Hathaway 's purchase of Treasury bills has been so aggressive that the Warren Buffett-controlled conglomerate now owns 3% of the entire bill market, according to JPMorgan. With short-term rates topping 5%, his massive cash pile, which had been an area of concern when rates were near zero, is now earning Berkshire a substantial return. The investment legend recently said he finds cash attractive compared to other assets, especially stocks. Berkshire's cash position may top $200 billion at the end of the second quarter, he added. "I don't mind at all, under current conditions, building the cash position," he said at Berkshire's shareholder confab.

Persons: Berkshire Hathaway, Warren Buffett, Buffett, I've Organizations: JPMorgan, Oracle, Berkshire, Treasury, Federal Reserve, Fed Locations: Berkshire, Omaha

☆ Texas Republicans confab hints at how GOP breakup with corporate America could play out
▼ + stars: | 2024-05-24 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

The annual Texas Republican Convention started Thursday in San Antonio, and culminated with George's election as party chair. Verizon , Comcast and Union Pacific sponsored the 2020 Texas Republican convention, according to The Texas Tribune. Pepsi and Chevron were sponsors of the 2022 Texas Republican convention, but they are not backing this year's event. The fight over corporate money also bubbled up in the election that George won on Friday, to lead the state party. This team "wears that as a badge of honor," he said, before the new chair of the state party was elected.

Persons: Greg Abbott, Donald J, Trump, Abraham George, George, Matt Mackowiak, Mackowiak, Griffin Perry, Rick Perry, Perry Organizations: Texas, Weslaco Department of Public Safety, Republican Party of Texas, America, RPT, Texas Republican, Fortune, Verizon, Comcast, Union Pacific, The Texas Tribune, Pepsi, Chevron, Veteran, GOP, Republican, Texas Gov, CNBC Locations: Mexico, Weslaco , TX, Texas, San Antonio

The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.

Persons: crackdowns, “, Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, ”, Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, ”, Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington

☆ Apple has nabbed a key ad exec from NBCUniversal, and it points to its growing TV ad ambitions
▼ + stars: | 2024-03-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Apple has been making a string of advertising hires, more signs of its ambitions to grow its TV ad business. Crawford helped lead Apple's Major League Soccer ad sales pitch with Todd Teresi, who leads Apple's ads division. Cady will also likely work closely with Lauren Fry, a TV and video ad sales veteran Apple hired in February 2023 as head of video ad sales. Jacqueline Bleazey, who joined video advertising sales in October, from senior director of sponsorships and ad sales at FanDuel and ad agency roles before that, according to her LinkedIn. For advertisers, Apple TV+ is a small but highly-rated player that would let them reach an affluent viewing audience that has been off-limits to them.

Persons: Joseph Cady, Cady, Krishan Bhatia, Winston Crawford, Crawford, Todd Teresi, Lauren Fry, Jason Brum, Chandler Taylor, Jacqueline Bleazey, Ted Lasso, It's, Apple Organizations: Apple, Amazon, Google, Business, Major League Soccer, MLS, MLB, DirecTV, NBCUniversal, Cannes, Netflix Locations: Peacock

☆ At CPAC, Trump’s potential running mates compete to prove their loyalty
▼ + stars: | 2024-02-24 | by ( Steve Contorno | ) edition.cnn.com time to read: +10 min

Former Democratic Rep. Tulsi Gabbard of Hawaii claimed not to know that attendees could choose her in a poll to pick Trump’s potential running mate, while South Dakota Gov. The jockeying to become Trump’s vice presidential pick, playing out behind the scenes for weeks if not longer, spilled into the open at this week’s CPAC, the country’s annual gathering of conservatives. The various approaches to campaigning for the job were on full display inside CPAC, and it’s uncertain which will win over Trump. “Last year, when everyone was asking me if I was going to consider running for president, I said no. “Because anything could happen to Trump.”But he conceded it was a fool’s errand trying to guess whom Trump might pick.

Persons: Elise Stefanik, Donald Trump, Byron Donalds, Tulsi Gabbard, Kristi Noem, Vivek Ramaswamy, Ohio Sen, JD Vance, Ben Carson, Kari Lake, Trump, Carson, “, CPAC, ” Donalds, he’s, ” Matt Schlapp, Newsmax, Schlapp, ” Trump, Ron DeSantis, ”, South Carolina Sen, Tim Scott, Scott, upstage Trump, Mike Pence, podcaster, Steve Bannon, ” Gabbard, Joe Biden, ” Stefanik, unapologetically, “ Trump, Elise, Donald J, Ramaswamy, who’s, ” Noem, Edward X . Young, Donald, Donalds, Bode Brewer, “ I’m, Genilde Guerra, ” Trump’s, Philip Whitby, “ It’s, “ Trump’s, ” Whitby Organizations: Harbor , Maryland CNN, Conservative Political, New York, Republican, Florida Rep, GOP, Democratic, South Dakota Gov, Gaylord, Resort, Urban, Trump, American Conservative Union, Fox News, Florida Gov, Indiana, Democratic Party, White, Biden Locations: Harbor , Maryland, Florida, Hawaii, Ohio, Arizona, America, South Carolina, Manhattan, Washington, Trump, New York, Iowa, United States, Brick , New Jersey, Reading , Pennsylvania, Genilde Guerra of Miami, Winter Park , Florida

☆ Reports of Cabaret’s Death Have Been Greatly Exaggerated
▼ + stars: | 2024-02-22 | by ( Elysa Gardner | ) www.nytimes.com time to read: +1 min

Cabaret has been integral to New York nightlife for more than a century, but every so often, reports of its death — however exaggerated — cause a stir. Recently on a brisk afternoon, she arrived at a loft in Bed-Stuy, Brooklyn, for a confab with four other veterans of the cabaret scene. Tammy Lang, 57 — who has earned a devoted following through her titular comedic persona as Tammy Faye Starlite, an evangelical country crooner, and through her homages to Marianne Faithfull and Nico — perched beside her on a sofa. Horne holds court Mondays at the East Village’s Club Cumming, playing piano for singalongs that stretch into the wee hours. Such late revelry is less common than it used to be, pointed out Sidney Myer, 73, who, as longtime booking manager of Don’t Tell Mama near Times Square, has nurtured careers for decades and is a performer himself.

Persons: Natalie Douglas, “, —, ” Douglas, Ella Fitzgerald, Nina Simone, Tammy Lang, Tammy Faye Starlite, Marianne Faithfull, Nico —, Jennifer Ashley Tepper, Lance Horne, Liza Minnelli, Kylie Minogue, Horne, East Village’s Club Cumming, Sidney Myer Organizations: Birdland, Broadway, East Village’s Club, Times Locations: New York, Los Angeles, Brooklyn

☆ Goldman Sachs leaders are charting a course for the bank's future in Miami for the second year in a row. Here's how the stakes are different this time.
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +5 min

The Miami Beach Edition hotel on Collins Avenue, where conferences for Goldman parnters are being held. Inside the Edition Hotel in Miami, which is playing host to the Goldman Sachs partner conference this week. The Faena Hotel along Collins Avenue is also playing host to some Goldman partners and events this week. A spokesperson for Goldman Sachs declined to comment about the Miami gathering this week. Are you a Goldman Sachs or Wall Street insider?

Persons: Goldman Sachs, confab, —, Goldman, Denis Coleman, Avinash, Goldman parnters, Emmalyse, David Solomon, Solomon, Lloyd Blankfein, he's, Reed Alexander Big, Solomon —, John Waldron —, Solomon himself, Emmalyse Brownstein Goldman, George Lee, Alison Mass, Trevor Noah, decamped, Reed Alexander Organizations: Magic City, Miami Beach, Business, Wall Street Journal, Goldman, Wall Street Locations: New York, London, Miami, Collins, New York City, South Florida, ralexander@businessinsider.com

DAVOS, Switzerland (AP) — Israel's president and the head of ChatGPT company OpenAI will make appearances at the World Economic Forum on Thursday, the third day of the annual gathering of elites at the Swiss resort of Davos that discusses everything from conflict to computers and climate. Israeli President Isaac Herzog could seek to return focus on the plight of Israeli hostages held by Hamas since its deadly Oct. 7 raid into Israel. Much of the world's attention has been on rising casualty counts in Gaza as Israeli forces lead a blistering military campaign aimed to quash the armed militants. “Artificial intelligence is now undoubtedly the most important potential contribution for global development," U.N. Secretary-General António Guterres told reporters in Davos on Wednesday, a day when leaders like French President Emmanuel Macron and President Javier Milei of Argentina also showed up. On Wednesday, Iran's foreign minister defended his country's strike on what he claimed was an Israeli intelligence operations site in the autonomous Kurdish region.

Persons: —, OpenAI, Isaac Herzog, António Guterres, Emmanuel Macron, Javier Milei, Sam Altman, Mohammed Shia, Kamala Harris, Doug Emhoff, Masha Macpherson Organizations: Hamas Locations: DAVOS, Switzerland, Swiss, Davos, Israel, Gaza, Argentina, Iraqi, Israeli, Kurdish

☆ Feeling Down About Politics? The Hospitality of This Iowan Will Give You a Lift.
▼ + stars: | 2024-01-14 | by ( John Mccormick | Jennifer Levitz | ) www.wsj.com time to read: +1 min

DES MOINES, Iowa—Sharon McNutt is planning on as many as 50 guests piling into her home on Monday evening and doesn’t care if they snack in her kitchen or settle into one of her favorite recliners. And she certainly doesn’t care if they bicker about politics. 245) in southwest Iowa appears to be the last practitioner of a disappearing tradition: hosting precinct meetings in a private home for the Iowa presidential caucuses, which this year will kick off the 2024 Republican nominating process. But a review of the locations where the 1,657 GOP precinct meetings are to be held revealed McNutt’s residence as a one-of-a-kind venue, something a state GOP spokesman confirmed. The rest of the Republican caucuses will be held in schools, libraries, churches and other public places.

Persons: Sharon McNutt, Rice Organizations: DES, Silver City, GOP, Republican Locations: DES MOINES, Iowa

☆ The Last Living-Room Caucus: a 77-Year-Old Mayor Keeps Iowa’s Homey Tradition Alive
▼ + stars: | 2024-01-13 | by ( John Mccormick | Jennifer Levitz | ) www.wsj.com time to read: +1 min

Persons: Sharon McNutt, Rice Organizations: DES, Silver City, GOP, Republican Locations: DES MOINES, Iowa

☆ First They Came for the Cars, Then the Cows
▼ + stars: | 2023-12-04 | by ( Allysia Finley | ) www.wsj.com time to read: 1 min

Journal Editorial Report: EV dealers ask Biden where they're supposed to put the glut. Yet unlike most organized religions that are genuinely committed to helping our fellow man, today’s climate movement figuratively burns heretics at the stake and demands communal sacrifices that serve no purpose but to immiserate humanity. Consider the calls at the United Nations’s COP28 climate confab this month in Dubai to reduce meat consumption. Banishing fossil fuels and gasoline-powered cars isn’t enough to achieve the climate lobby’s net-zero promised land. Now people must give up their rib-eye steaks and pepperoni pizza.

Persons: Biden, they're, Kelly Locations: Dubai

☆ Welcome to COP28, the U.N. Climate Conference Hosted by an Oil Giant
▼ + stars: | 2023-11-29 | by ( Ed Ballard | Anna Hirtenstein | ) www.wsj.com time to read: 1 min

Dubai, a desert city known for private jets, giant yachts and other symbols of carbon-heavy high living, is an awkward location for a conference on climate change. It’s hardly a surprise that the man in charge also runs the national oil company. Hosting the United Nations’ annual climate confab—known as COP28—is the latest step in the United Arab Emirates’ bid to establish itself as a global power broker. The gambit is drawing attention to the country’s Jekyll-and-Hyde energy strategy.

Persons: Jekyll Organizations: United Nations, United, United Arab Emirates Locations: Dubai, United Arab

☆ Fight Club Erupts on Capitol Hill
▼ + stars: | 2023-11-14 | by ( Robert Jimison | ) www.nytimes.com time to read: +1 min

speaker elbowed one of the Republicans who had voted to oust him. A Republican senator rose to challenge an organized labor leader to a brawl during a hearing. Across the Capitol, the chairman of a different panel compared a member of his committee to a cartoon character. It began early Tuesday morning, when former Speaker Kevin McCarthy had a run-in with Representative Tim Burchett of Tennessee, one of the eight Republicans who had voted to oust him from the speakership last month, in the basement of the Capitol. Mr. Burchett said he had been speaking with journalists in a hallway following a party confab when Mr. McCarthy elbowed him in the back, then kept walking.

Persons: Kevin McCarthy, Tim Burchett, Burchett, McCarthy elbowed Organizations: Republicans, Republican, Capitol Locations: Tennessee

☆ Insiders question WPP CEO Mark Read's bounceback plan after chaotic period of mergers, account losses, and a stock market slump
▼ + stars: | 2023-10-25 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +11 min

"OMD and Publicis are winning all the meaningful pitches," said a former WPP agency executive, referring to competitors Omnicom and Publicis Groupe. Further, GroupM is just one of the many parts of WPP's business that Read needs to fix. Insiders describe a whirlwind of change but confusion about the bigger visionA current WPP agency executive said they were frustrated by what they described as a vacuum of information about the bigger strategy for WPP. Getty Images"It feels like something bigger has to happen now," said a current WPP agency executive. The ongoing pitch for Volkswagen's $4 billion global media business underscores the tremendous amount of resources needed to win the proposal, and the huge prize at stake.

Persons: Christian Juhl, San, GroupM, Publicis, Kirk McDonald, McDonald didn't, Ogilvy, it's, Thomas Singlehurst, Juhl, Mark Read's, It's, Read, Martin Sorrell, AKQA, Sard, Wunderman Thompson, J.Walter Thompson, Joanne Wilson, Andrew Scott, Roberto Quarta, Angela Ahrendts, Craig Barritt, —, haven't, Clark, Arthur Sadoun, WPP's Read, Michael Farmer Organizations: WPP, Publicis, L'Oreal, Omnicom Media Group, Pfizer, North, GroupM, Verizon, Discovery, Adobe, Citigroup, Shanghai, reined, AKQA Group, Finsbury Glover, Partners, Young, Rubicam, London Stock Exchange, Brexit, Getty, Burberry, Apple, The New School Industry, VW, Groupe, Epsilon Locations: San Francisco, China, EssenceMediaCom, Kansas, Kansas City, New York, Mayfair , London, New York City

☆ Morning Bid: Fed's data-driven approach set for inflation test
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 29, 2023. The Bureau of Labor Statistics' consumer prices report is expected to show inflation pressures were abating in September, if only marginally. Headline CPI is seen rising 0.3% on the month, down from 0.6% in August, which would take the annual rate to 3.6%. Core inflation, which strips out volatile energy and food prices, is expected to have also risen 0.3% in September. The threat of higher energy prices following the outbreak of a war between Israel and Palestinian militants is all too real, even if the immediate market reaction has been relatively muted.

Persons: Brendan McDermid, Samuel Indyk, Klaas, Mark Potter Organizations: New York Stock Exchange, REUTERS, Federal, Wednesday, Labor Statistics, CPI, U.S, Chevron, European Central, Walgreens Boots Alliance, Delta Air Lines, Thomson, Reuters Locations: New York City, U.S, Israel, Europe

☆ Analysis: Putin banks on wavering support for Ukraine, amid a race against time
▼ + stars: | 2023-10-08 | by ( Nathan Hodge | ) edition.cnn.com time to read: +8 min

Last week, President Joe Biden signed into law a stopgap bill to avert a government shutdown, but funding for Ukraine was a casualty of the brinksmanship on Capitol Hill. The Biden administration emphasizes that that the American public’s support for Ukraine remains strong. Ukrainian President Volodymyr Zelensky walks down the White House colonnade to the Oval Office with President Joe Biden during a visit to the White House in Washington, DC, on September 21. In his remarks at Valdai, he clearly implied that Russia intends to outlast the West over Ukraine. Paraphrasing Putin, Mylovanov said that the Kremlin believes that “Ukraine will have one week left to LIVE once Western supplies are over.

Persons: Donald Trump, he’d, Vladimir Putin, Putin, ”, “, Joe Biden, Biden, Kevin McCarthy, Volodymyr Zelensky, Kevin Lamarque, —, Robert Fico, Fico, Ukraine —, Wolfgang Schwan, Rob Bauer, brazenly, Tymofiy Mylovanov, Putin’s Valdai, Mylovanov, Wagner Organizations: CNN, Kremlin, Ukraine, Capitol, White, Pentagon, of, Republican, Trump, European Union, NATO, Russia, Anadolu Agency, Warsaw Security, Royal Netherlands Navy, Committee, Kyiv School of Economics Locations: Ukraine, Ukrainian, Washington, Washington ,, United States, Europe, Slovakia, EU, Russian, Bakhmut, Russia, Siberia, Eastern Siberia, Valdai, West, Brussels, Hroza, Kharkiv, Ukraine’s

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