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☆ Malaysia’s ‘orangutan diplomacy’ plan slammed as ‘obscene’
▼ + stars: | 2024-05-11 | by ( Heather Chen | ) edition.cnn.com time to read: +6 min

Halved oil palm kernels are seen on the trade floor of a commodities conference and exhibition in Kuala Lumpur. “Orangutan diplomacy will not solve Malaysia’s deforestation crisis,” Heng Kiah Chun, a regional campaign strategist for Greenpeace Southeast Asia, told CNN. By 2012, their numbers had dropped by almost two-thirds, to 104,700 and the decline has continued,” the WWF report said. Therefore it is crucial that all remaining orangutan habitats are conserved,” WWF Malaysia told CNN in a statement. “Orangutan conservation is best achieved by ensuring the protection and conservation of their natural habitats – and that no further forest conversion into palm oil plantations is allowed.”

Persons: ”, Johari Abdul Ghani, ” Ghani, Tengku Bahar, ” Stuart Pimm, Pimm, Ghani, ” Heng Kiah Chun Organizations: CNN, Getty, Duke University, Malaysia’s Ministry of, Commodities, Chengdu Research Base, Visual China, Malaysian, World Wildlife Fund, WWF, Rimba, Greenpeace Southeast, CNN Conservation, WWF Malaysia Locations: China, Australia, Malaysia, Asia, Indonesia, Kuala Lumpur, Beijing, Malaysian, EU, India, Tengku, AFP, South Carolina, Greenpeace Southeast Asia, WWF Malaysia, Borneo, Brunei, “

☆ How do celebrities get their hands on museum-quality gowns?
▼ + stars: | 2024-05-07 | by ( Leah Dolan | ) edition.cnn.com time to read: +12 min

But today, as more and more celebrities choose to wear vintage, the all-important stretch of red carpet has started to look more like a museum hallway. Kendall Jenner's vintage dress for the 2024 Met Gala. Mugler — the luxury French fashion house responsible for dressing Zendaya in a 30 kilogram full metal robot suit from 1995. Although interest in vintage fashion is rising amongst celebrity clients, not everyone is qualified to physically handle these pieces. John Shearer/WireImage/Getty ImagesFashion’s rat raceBut if these one-of-a-kind pieces are so fragile, and the method of their conservation so exact, how do celebrities even get their hands on them?

Persons: CNN —, Miley Cyrus, Laverne Cox, Olivia Rodrigo, Bob Mackie, ”, Vanessa Friedman, Cardi, Margot Robbie, Jennifer Lawrence, Mugler, Givenchy —, That’s, Kim Kardashian, Marilyn Monroe’s, Emily Ratajkowski, Versace, Zendaya, Givenchy, Kendall Jenner, Kendall Jenner's, Jamie McCarthy, Renée Zellweger, Jean Dessès, Julia Roberts, “ Erin Brockovich, Erin Walsh, Anne Hathaway, Selena Gomez, Sarah Jessica Parker, WWD, Wiktor, ” Adrian Corsin, Law Roach, Jean, Jacques Urcun, Marion Bourdée, Adrian, Julie Ann Clauss, Tom Ford, Calvin Klein, Marc Jacobs, Carolina Herrera, “, John Shearer, Kylie, ” Jenner, Thierry Mugler, Couturissime, ” Bourdée, Kylie Jenner, Ripley’s, ” Mugler, won’t, Walsh, ” Erin Walsh, Valentino, Karwai Tang, We’re, Kendall, ” Corsin, hasn’t Organizations: CNN, New York Times, Givenchy, London, Publishing, Brooklyn, International Council of Museums, , New York, Hollywood, SAG, Vogue Locations: Zendaya, London, France, LA, Mugler, New York, “, , New

☆ Tommy Tuberville misses Ukraine aid vote after railing against it
▼ + stars: | 2024-04-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewAhead of a final Senate vote to send Ukraine aid to President Joe Biden's desk, Sen. Tommy Tuberville made one last stand against it. Paul has long been an opponent of Ukraine aid, while Scott said in a statement on Tuesday that he supports the bill. The more than $61 billion in Ukraine aid was wrapped up in a larger $95 billion package that included more than $14 billion for Israel, $9 billion in humanitarian aid, aid for Taiwan, and a bill to force a sale of TikTok. AdvertisementThe Alabama senator has long been an opponent of Ukraine aid. In May 2022, he was one of just 11 Republican senators to vote against a $40 billion aid package for the country.

Persons: —, Joe Biden's, Sen, Tommy Tuberville, Tuberville, It's, Sens, Rand Paul of Kentucky, Tim Scott of, Paul, Scott, Katie Britt, Tuberville's, Vladimir Putin, Donald Trump Organizations: Service, Alabama Republican, Republican, Business, Democratic Locations: Ukraine, Russia, Tim Scott of South Carolina, Tuberville's Alabama, Israel, Taiwan, Alabama, Soviet Union

☆ Aboriginal spears returned to Australia after 250 years
▼ + stars: | 2024-04-23 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —A British university has given back four spears taken more than 250 years ago from an aboriginal community in Australia by explorer Captain James Cook. Trinity College Cambridge permanently repatriated the spears to the La Perouse Aboriginal Community at a ceremony Tuesday, according to a joint statement from the college and the Australian Institute of Aboriginal and Torres Strait Islander Studies (AIATSIS), which supported the move. “The spears were pretty much the first point of European contact, particularly British contact with Aboriginal Australia,” said Ray Ingrey, director of the Gujaga Foundation, a research organization working in the La Perouse community, in the statement. The resulting British colonization of Australia resulted in the introduction of foreign diseases, displacement, and massacres against the aboriginal people. National Museum of AustraliaSome members of the La Perouse Aboriginal Community are direct descendants of those who crafted the spears, according to the statement.

Persons: CNN —, Captain James Cook, ”, Ray Ingrey, AIATSIS Cook, Rod Mason, Noeleen Timbery, Sally Davies, Trinity Organizations: CNN, British, Captain James Cook . Trinity College Cambridge, La, La Perouse Aboriginal, Australian Institute of Aboriginal, Torres Strait Islander, Aboriginal, Gujaga Foundation, HMS, Trinity College, of Archaeology, National Museum of Australia, La Perouse Aboriginal Community, Aboriginal Land Council, Elders, Trinity Locations: Australia, La Perouse, Kamay, Aboriginal Australia, Botany, Kurnell, New Zealand, Cambridge, Kurnel, Perouse

☆ Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock
▼ + stars: | 2024-04-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Trump Media has warned the Nasdaq market of 'potential market manipulation' of the company's stock by "naked" short selling of shares. The warning came as Trump Media has offered shareholders detailed instructions on how to avoid someone loaning out their DJT shares to short sellers, who then execute trades betting that the price of the stock will fall. Trump Media CEO Devin Nunes, in his letter Thursday to Nasdaq CEO Adrena Friedman, did not directly accuse anyone in particular of naked short selling, which is the sale of stocks without first having borrowed such sales for that purpose. But Nunes, whose company owns the Truth Social app, pointed to circumstantial evidence, which included DJT being in early April the most expensive stock to short in the United States, which he said would give brokers "significant financial incentive to lend non-existent shares." Please check back for updates.

Persons: Devin Nunes, Adrena Friedman, Nunes, DJT Organizations: Trump Media, Nasdaq Locations: United States

☆ All of a sudden, Ted Cruz really doesn't want to talk about his podcast
▼ + stars: | 2024-04-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen I approached Sen. Ted Cruz at the Capitol this week, he appeared upbeat, quipping that he was "living the dream" when I opened our conversation. iHeartMedia, which signed on as a corporate partner to the podcast in late 2022, has confirmed that the payments to the super PAC were derived from advertising revenue generated by podcast. The Campaign Legal Center and End Citizens United have also filed a complaint with the Federal Election Commission accusing Cruz of violating campaign finance laws. "When you write a positive story on something I've accomplished here, on legislation I've passed, then I'll answer your questions," Cruz replied.

Persons: —, Sen, Ted Cruz, Cruz, iHeartMedia, Colin Allred, Allred, He's, Ron Johnson, JD Vance, Markwayne Mullin, I've Organizations: Service, Capitol, Texas Republican, Business, Democrat, Houston Chronicle, Democratic Rep, Legal, Citizens, Federal, BP, Capitol Hill, FEC, Sens Locations: Houston, BP America, Texas, Wisconsin, Ohio, Oklahoma

☆ Miley Cyrus was a lifelong fan of Beyoncé before they dueted on 'II Most Wanted' — here's the proof
▼ + stars: | 2024-04-03 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +4 min

Miley Cyrus is featured on "II Most Wanted," the 16th track on Beyoncé's new album "Cowboy Carter." Cyrus and Beyoncé previously performed together in 2008 during a "Stand Up to Cancer" telethon. Critics have praised Cyrus and Beyoncé as "two pop chameleons," delivering a "tastefully restrained" and well-balanced performance. "My favorite song on the album is 2 most wanted with Miley Cyrus ! Read more of Business Insider's "Cowboy Carter" coverage here.

Persons: Miley Cyrus, Carter, Cyrus, Beyoncé, —, Hannah Montana, Miley, Fleetwood, Rihanna, Cowboy Carter, Cyrus reshared, Tina Knowles, Lawson, I've, Dolly Parton, Dolly, Read Organizations: Cancer, Service, Disney Channel

☆ Snake Expert Rates 11 Snake Attacks and Bites in Movies
▼ + stars: | 2024-02-14 | by ( Ian Phillips | Benjamin Nigh | ) www.businessinsider.com time to read: +1 min

Sara Ruane, a reptile and amphibian curator at the Field Museum, rates snake attacks in movies based on their realism. She separates fact from fiction regarding whether you can suck venom out of a snake bite in "Babylon" (2022), starring Margot Robbie and Brad Pitt, and "True Grit" (2010), starring Jeff Bridges, Hailee Steinfeld, and Matt Damon. She breaks down the differences between venomous and nonvenomous snakes in "Snakes on a Plane" (2006), starring Samuel L. Jackson, Kenan Thompson, and Julianna Margulies. She looks at the way different characters seek to treat snake bites in Quentin Tarantino's "Kill Bill: Vol. She talks about how antivenom works in "Bullet Train" (2022), starring Brad Pitt, Aaron Taylor-Johnson, and Bad Bunny.

Persons: Sara Ruane, Margot Robbie, Brad Pitt, Jeff Bridges, Hailee Steinfeld, Matt Damon, Jon Voight, Jennifer Lopez, Harry Potter, Daniel Radcliffe, Emma Watson, Alan Rickman, Harrison Ford, Samuel L, Jackson, Kenan Thompson, Julianna Margulies, Quentin Tarantino's, Uma Thurman, Michael Madsen, Daryl Hannah, Matthew McConaughey, Aaron Taylor, Johnson Organizations: Field Museum, Raiders, Reptiles Department

☆ New York’s Rubin Museum is closing its doors — but will live on as a ‘museum without walls’
▼ + stars: | 2024-02-02 | by ( Christy Choi | ) edition.cnn.com time to read: +7 min

CNN —New York’s Rubin Museum of Art, home to one of the world’s largest and most important collections of Himalayan art, announced on Wednesday that it will close its doors in October. Rubin Museum founders Shelley and Donald Rubin, pictured on October 8, 2015. Mireya Acierto/Getty Images“Building and sharing this collection of Himalayan art was one of my family’s great joys,” added Shelley Rubin. A lot of the time, we are shown Tibetan art as part of Chinese art — as an appendage because Tibet is now part of China. Robert K. Chin/Storefronts/AlamyThe closure will see some 40% of the Rubin’s staff lose their jobs — mostly those in “front-of-house roles,” a spokesperson for the museum told CNN.

Persons: York’s Rubin, Shelley, Donald Rubin, Rubin, Noah Dorsky, Mireya Acierto, ”, Shelley Rubin, “, Matthew Eisman, Jorrit Britschgi, ” Britschgi, Nepal’s, Ian Johnson, meanwhile, Curtis S, Chin, ” “, ” Johnson, Robert K Organizations: CNN, York’s Rubin Museum of Art, Rubin Museum, Rubin Museum of Art, Venice Biennale, Itumbaha Museum, Mandela, Centre for Foreign Relations, Asian Development Bank Locations: Manhattan, New York, Kathmandu, Nepal, New York City, Venice, York, Tibet, China

☆ China's rapidly dwindling future will shape the world for decades to come
▼ + stars: | 2024-01-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

Everything was getting bigger — its cultural influence, geopolitical ambition, population — and seemed poised to continue until the world was remade in China's image. But now China's economy is withering, and the future Beijing imagined is being cut down to size along with it. What Beijing does — or fails to do — to fight this malaise will determine the course of humanity for decades to come. China's deflation worries started in earnest in the summer. Years of overbuilding — by about double the population, according to some estimates — and slowing population growth caused prices to collapse .

Persons: Minxin Pei, there's, Charlene Chu, Autonomous Research Charlene Chu, Chu, Wei Yao, Générale, I'm, Ben Bernanke, Bernanke, Xi Jinping, Xie Huanchi, Société Générale's Yao, Yao, It's, —, aren't, Logan Wright, Wright, Xi doesn't, Jinping, it's, Xi, Claremont's Pei, magnanimity Organizations: Claremont McKenna College, Autonomous Research, Federal Reserve, Getty Images Japan, Chinese Communist Party, Xi, CCP Locations: China, Beijing, dauphin, Xinhua, Japan, Xi's China, East Asia, Taiwan, Europe

☆ A Fed pivot gives big banks more confidence in loaning, says Huntington Bancshares CEO
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Fed pivot gives big banks more confidence in loaning, says Huntington Bancshares CEOHuntington Bancshares CEO Steve Steinour joins 'Power Lunch' to discuss the impact of Fed rate cuts on big banks and bank earnings.

Persons: Huntington, Steve Steinour Locations: loaning

☆ How JPMorgan's Bola Oyesanya became the whisperer to rich law firm partners
▼ + stars: | 2024-01-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

One client, a law firm partner, refused to consider Oyesanya's suggestion of alternative investments. AdvertisementBanking to wealthy law firm partners is a desirable niche. Law firm partners averaged $1.12 million in compensation in 2022 according to a survey by recruiter Major, Lindsey & Africa, and top partners in Big Law can make more than $10 million a year. Now global head of JPMorgan's law firm and professional services group, Oyesanya is up against a formidable rival: her former employer. AdvertisementShe plans to strengthen JPMorgan's law firm group with the same ethos: serving customers well to earn their loyalty and their referrals.

Persons: Bola Oyesanya, Oyesanya, Wells, —, We're, Major, Jamie Dimon, Bola, Philip Waxelbaum, Waxelbaum, She, I've, what's Organizations: Citi, JPMorgan, Service, Banking, Big, Financial Times, Wells, Lagos Law School, Ogun University, City Trust Merchant Bank, Partners Locations: Nigeria, Wells Fargo, Lindsey, Africa, York

☆ Trump gets his way in closing arguments at NY fraud trial, calling himself a 'victim' in surprise remarks
▼ + stars: | 2024-01-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

"I'm not sure what the number would have been," had it been correct, Trump told the judge on Thursday of the apartment's worth. "The person in the room right now hates Trump, and uses Trump to get elected," he said, apparently referring again to James. "They found nothing and now she comes in and she says, 'We want to make the $250 million fine $370 million. "You have your own agenda," Trump told the judge. Advertisement"Mr. Kise," the judge told Trump's lawyer.

Persons: —, Donald Trump, I've, Letitia James, Arthur Engoron, Christopher Kise, Kise, Trump, Engoron, minimus, I'm, James, we've, Trump's Organizations: Service, Trump Organization, Business, New York, Trump, Deutsche Bank Locations: New York, Manhattan, Trump, Chicago, Miami, Washington , DC

☆ Harvard-trained etiquette expert: The 3-word response for when someone is rude to you—and more tips for handling awkward situations
▼ + stars: | 2024-01-05 | by ( Aditi Shrikant Zachary Green | Aditi Shrikant | Zachary Green | ) www.cnbc.com time to read: +4 min

It's in these moments, though, that Harvard-trained etiquette expert Sara Jane Ho sees herself as a resource. "If a friend is rude to you in a social setting, I like to use a three-word answer: 'Are you okay?'" If a friend is rude to you in a social setting, I like to use a three-word answer: "Are you okay?" Sara Jane Ho Etiquette Expert2. Sara jane Ho Etiquette Expert5.

Persons: Sara Jane Ho, Ho, Sarita, Drew Barrymore, you've, that's, Alison, Sara jane Ho Organizations: Harvard, Netflix, Drew Barrymore Show, CNBC Locations: Shakespeare's

Most grandparents offer some form of financial help to their children and grandchildren. Between inflation, rising housing costs, and increasing interest rates, it makes sense that grandparents and parents may want to help support their children and grandchildren financially. If parents weren't supporting their adult children, they'd have almost $3,000 more annually to put into their retirement funds, that same research found. Studies show that many grandparents are sabotaging their own financial future to help their adult children and grandchildren." Or grandparents might consider cohabitating with adult children and grandchildren to save money.

Persons: —, I'd, Cyrus Bamji, Savings.com, Bamji, it's, there's, Baby Boomers, Roth Organizations: Service, Alliance, Lifetime, AARP, Alliance for Lifetime

☆ Kevin O'Leary: How I handle family members who ask for money and the one rule I always enforce
▼ + stars: | 2023-11-20 | by ( Kevin O'Leary | As Told To Jenna Gyimesi | ) www.businessinsider.com time to read: +5 min

He says he's established a rule after many years of extended family coming to him for money. I've been asked countless times about what to do when family members come looking for money. For example, if a family member asks for $150,000 to start a restaurant, I'll give them a $50,000 gift that I never want back. I do this because expecting a family member to pay you back is a real issue. But if the family member tries to ask again, I remind them of our contract.

Persons: Kevin O'Leary, he's, —, I've, it's, they're, I'm, It's, you've Organizations: Service

☆ A financially independent entrepreneur says there's an overlooked but 'incredible opportunity' for young investors to buy businesses right now — and they're not as expensive to acquire as you may thin
▼ + stars: | 2023-11-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

He started with an "index-first strategy," he told Insider, and invested up to 80% of his earnings into low-cost index funds in the early 2010s. While index funds are ultimately what catapulted him to financial independence in the first place, he wouldn't necessarily go that route if he had to start from scratch today. "I'm still very pro low-cost index funds for almost everyone," he said. Lower returns mean index funds won't grow as much, and investors potentially have to save and contribute more to hit their goals. "I think business ownership is really where it's going to be for the next 10 to 20 years."

Persons: Grant Sabatier's, Sabatier, Charlie Munger, you've, boomer Organizations: Business, Fidelity, Federal Reserve, FedEx, SBA, Chase, Bank of America Locations: Morningstar

☆ Congress is lame fight club now
▼ + stars: | 2023-11-14 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

It's the latest in Congress' centuries of history moonlighting as a sporadic fight club. Breaking with "Fight Club's" first two rules, though, no one in Congress is keeping it a secret. AdvertisementWhat started as a quiet day on Capitol Hill quickly led to Congress devolving into a lame version of "Fight Club." You're pathetic man, you are so pathetic," Burchett reportedly told McCarthy. Around a half-hour later, Burchett told a separate reporter he could "still feel it" after taking a "clean shot to the kidney."

Persons: it's, —, Kevin McCarthy, Tim Burchett, Claudia Grisales, Grisales, McCarthy, Burchett, Matt Gaetz, He's, Gaetz, James Comer, Joe Biden, Jared Moskowitz, Comer, Moskowitz, Sen, Bernie Sanders, Sanders, Markwayne Mullin Organizations: Capitol, Service, Republican, GOP, Democratic, Health, Education, Labor, Pensions, Teamsters, United, Chamber Locations: Congress, Tennessee, Oklahoma, United States, South

ICBC Financial Services could not be reached for comment. It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

Persons: Kim Kyung, BNY Mellon, ICBC, Moxfive, Darrell Duffie, Duffie, BNY, SIFMA, Paritosh, Edward Tobin Organizations: Industrial, Commercial Bank of China, REUTERS, Commercial Bank of China's, Treasury, ICBC Financial Services, Reuters, ICBC, Securities, Exchange, Stanford, ICBC Financial, Treasuries, Thomson Locations: Beijing, China, Commercial Bank of China's U.S, New York, Wall

☆ In the Market: Inside Wall Street's scramble after ICBC hack
▼ + stars: | 2023-11-13 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +7 min

It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. Nevertheless, market participants said the attack is likely to add a new aspect to the regulatory review, as it brings cyber threats into sharper focus. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

If you have all or most of your money in a single investment account, you're missing opportunities to build wealth. If you're serious about building wealth, there are seven types of accounts you need to have to make it happen. If you're making estimated quarterly tax payments, you'll need to accumulate funds in your tax savings account as you earn them. Note that a "tax savings account" is not a different banking product — it's just a designated use for a savings account, like an emergency fund would be. (Like the tax savings account, this isn't a different product your bank offers — it's a specific use for an account like a high-yield savings account.)

Persons: —, Ally, Charles Schwab, it's, you'll, Roth, you've, It's, Robinhood, That's, We're, There's, I've, multimillionaires, Read Organizations: Service, Roth IRA, Roth, IRA

The pandas’ departure from the National Zoo leaves Zoo Atlanta as the only other US zoo to feature pandas from China, and not for much longer. First lady Pat Nixon welcomes China's giant pandas on April 20, 1972, at Washington's National Zoo. They have since become the parents of seven giant panda cubs born at Zoo Atlanta, according to the zoo. Staff at the National Zoo say they’re hopeful China might one day send over more giant pandas. Plans for the exhibit, with a welcome sign announcing the “Giant Pandas of Chengdu” and a panda-themed gift shop, aren’t clear.

Persons: Tian Tian, Mei Xiang, Xiao Qi Ji, Nixon, Mao Zedong, Richard Nixon, ”, Mao Ning, Richard Nixon’s, Mao Zedong’s, Pat Nixon, “, Hsing, YaYa, Xin Xin, David Culver, Fernando Gual Sill, CNN Xin Xin –, Xi Jinping, Vladimir Putin, Yang Yang, Lun Lun, Steve Schaefer, –, Bob Lee, Jane Mahalik, “ Pat Nixon, ” Mahalik, Jill Biden, Yong Xiong, Melissa Gray Organizations: CNN, Smithsonian National Zoo, ” Zoo, National Zoo, Zoo, AP China, China’s Ministry of Foreign Affairs, Washington, of Public Service, Memphis Zoo, Atlanta, Chapultepec Zoo, Pandas, Zoo Atlanta, Getty, Scotland, Edinburgh Zoo, Adelaide Zoo, Chengdu Research Base, Staff, National Locations: Washington ,, China, what’s, Zoo Atlanta, Beijing, United States, City of Peking, Washington, Atlanta, Russia, Mexico City, Chapultepec, Mexico, “, China’s, Moscow, Qatar, AFP, America, Zoo, Chengdu, New York, Los Angeles

"I seeded my campaign with capital because I had to," Phillips, 54, told Reuters in an interview on the sidelines of an event at Manny's, a meeting space in San Francisco. "I will be in Los Angeles and San Francisco, and I'll be going to New York and Chicago, and Miami and larger cities to raise resources and campaign," Phillips said. Phillips said he did not know exactly how much he had raised since launching his campaign. "I think Joe Biden is a good man but he's been doing this for 50 years," Phillips told a crowd of several dozen in San Francisco. (This story has been refiled to clarify that the loan is for Dean Phillips' campaign in paragraph 1)Reporting By Alexandra Ulmer; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Dean Phillips, Reba Saldanha, Joe Biden, " Phillips, Phillips, Biden, Donald Trump, he's, Alexandra Ulmer, Leslie Adler Organizations: Democratic, U.S, statehouse, REUTERS, Thursday, Reuters, Republican, Thomson Locations: Concord , New Hampshire, U.S, San Francisco, Minnesota, Los Angeles, New York, Chicago, Miami

☆ The banks which loaned Elon Musk money to help buy Twitter expect to lose $2 billion on the debt, report says
▼ + stars: | 2023-10-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Wall Street helped Elon Musk buy Twitter last year by loaning him $13 billion. The biggest lenders like Morgan Stanley and Bank of America would lose hundreds of millions of dollars. AdvertisementAdvertisementThe banks which helped Elon Musk take over Twitter are expecting to lose $2 billion on the loans they gave him, according to The Wall Street Journal. According to The Wall Street Journal, Musk's lenders have started preparing to unload the debt. X, Morgan Stanley, BofA, and Barclays did not immediately respond to Insider's request for comment, sent outside US working hours.

Persons: Elon Musk, loaning, Morgan Stanley, —, BofA Organizations: Elon, Twitter, Bank of America, Service, Wall Street, Barclays, Ebiquity, Bankers

☆ Trump dominates GOP money race, DeSantis spends heavily, George Santos goes negative: Takeaways from new campaign finance reports
▼ + stars: | 2023-10-16 | by ( Fredreka Schouten David Wright Alex Leeds Matthews | Fredreka Schouten | David Wright | ) edition.cnn.com time to read: +15 min

Eyes on the SenateCalifornia hosts a high-profile 2024 Senate race, as a crowded field vies to succeed the late Democratic Sen. Dianne Feinstein. Porter’s report showed her campaign collected $3.4 million and had amassed nearly $12 million in cash on hand by September 30. One of Sinema’s top challengers, Democratic Rep. Ruben Gallego, had a strong fundraising quarter by contrast. And in Pennsylvania, Democratic Sen. Bob Casey raised $3.2 million and had nearly $7.4 million on hand for another top race. Kim outraises MenendezFederal prosecutors last month lodged bribery-related charges against Democratic Sen. Bob Menendez of New Jersey, just days before the end of the fundraising quarter.

Persons: Donald Trump, Ron DeSantis, Mike Pence, South Carolina Sen, Tim Scott, Scott, DeSantis, meanwhile, Trump’s, Haley, Christie, Nikki Haley’s, Haley’s, Chris Christie, Democratic Sen, Dianne Feinstein, Adam Schiff, Schiff, Katie Porter, Barbara Lee, Porter’s, Lee, Sen, Laphonza Butler, Gavin Newsom, Kyrsten Sinema, Sinema, hasn’t, Ruben Gallego, Gallego, Kari Lake, Pinal County Sheriff Mark Lamb, West Virginia Sen, Joe Manchin, Jim Justice, Alex Mooney, Matt Dolan, Bernie Moreno –, Sherrod Brown, Dolan, Moreno, Brown, Tammy Baldwin, Jacky Rosen, Sam Brown, Debbie Stabenow’s, Elissa Slotkin, Slotkin, Hill Harper, Bob Casey, Republican Dave McCormick, McCormick, Kim outraises Menendez, Bob Menendez, Menendez, Andy Kim, Kim, George Santos, Santos, –, Amy Walter, Curtis Hertel, Robert F, Kennedy Jr, Kennedy, Gavin de Becker, Trump Organizations: CNN, White, Florida Gov, White House, Trump, N2024D, GOP, PAC, South Carolina Gov, Former New Jersey Gov, Senate California, Democratic, Los, Democratic Gov, Democratic Party, Senate, Democratic Rep, Arizona Republicans, Pinal County Sheriff, West, Cleveland Guardians MLB, Republican, Bob Menendez of New, Republicans, Congressional District, RFK Jr, Associates Locations: Florida, Trump, South Carolina, Iowa, New Hampshire, Los Angeles, Arizona, Pinal County, Ohio, Cleveland, Wisconsin, Nevada, Michigan, Pennsylvania, Bob Menendez of, Bob Menendez of New Jersey, York, Long, Michigan’s, Democratic, California

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