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☆ The Washington Post publisher disclosed the paper lost $77 million last year. Here’s his plan to turn it around
▼ + stars: | 2024-05-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Lewis’ plan, however, included more than just revamping The Post’s subscription offerings. While The Post clearly plans to bet big on infusing its products with A.I., it wants to emphasize the human element of its journalism. Whether the multi-pronged initiative is enough to turn The Post around, of course, remains to be seen. But the new publisher voiced confidence that these measures will put The Post on track for success. “I really hope at some point in the future, when you look back on this day,” he told staffers, “it’s actually quite a significant day in the history of our company.”

Persons: Will Lewis, strode, Lewis, “, ” Lewis, I’m, Axios, we’ve, ” Karl Wells, Lewis ’, Vineet Khosla, ”, Sally Buzbee, Kathy Baird, “ it’s Organizations: New York CNN, The Washington Post, Brit, Apple, POLITICO, Silicon Locations: New York

☆ How Google CEO Sundar Pichai shook up his leadership team for the AI era
▼ + stars: | 2024-05-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +11 min

It came almost 12 months after Google combined two key AI groups, DeepMind and Google Brain. Google's AI MVPGoogle DeepMind CEO Demis Hassabis GoogleDemis Hassabis might be the most important person at Google right now. Then, in April last year, Pichai announced he would merge DeepMind with Google's in-house AI unit, known as Brain, into a supergroup named Google DeepMind. Reid reports directly to Raghavan, the ads and search senior vice president, and is shepherding a dramatic transition of Google Search. Fears of chatbots eating into Google's search dominance have yet to be realized, giving Google time to reinvent its most hallowed product.

Persons: —, Sundar Pichai, Pichai, Susan Wojcicki, Demis, Hassabis, Larry Page, DeepMind, OpenAI, it's, accrues, ED JONES, Rick Osterloh, Sameer Samat, he'll, Hiroshi Lockheimer, Osterloh, Prabhakar Raghavan, Siri, Tim Cook, Hiroshi, SAJJAD HUSSAIN, Liz Reid, Reid, Raghavan, Pandu Nayak, Venkatachary, It's, chatbots, Bernstein, Mark Shmulik Organizations: Service, Google, Business, Google's, BI, Research, Hassabis, Android, Apple, Apple's Vision, CNBC, Google Local Locations: Raxium

☆ I started a business with my mom right out of college and we've grown it to 7 figures in revenue. I've never had a real job, and I love being my own boss.
▼ + stars: | 2024-05-06 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . After graduating with a psychology degree in 2010, I went into business with my mom, Ann Lightfoot. What started as a mother-daughter duo organizing closets and hauling trash has turned into a successful business with 14 employees. Clients started pouring in.

Persons: Kate Pawlowski, Ann Lightfoot, Pawlowski, —, It's, I've, Lightfoot, Julia D'Agostino, We've, we've, Decluttering Organizations: Service, Facebook Locations: Montclair , New Jersey, New York

☆ Former Ohio House Speaker Hit With 10 Additional Felony Charges
▼ + stars: | 2024-03-25 | by ( Michael Wines | ) www.nytimes.com time to read: +1 min

A former speaker of the Ohio State House of Representatives, now serving a 20-year federal prison sentence, was indicted on 10 more state felony charges on Monday in connection with a sprawling bribery scheme that handed a $1.3 billion bailout to a major regional energy utility. The charges against the former speaker, Larry Householder, followed an inquiry by the Ohio Organized Crime Commission that also produced indictments last month of two former executives of the Akron-based utility, FirstEnergy Corporation. The two men — Chuck Jones, a former FirstEnergy chief executive officer, and Michael Dowling, a senior vice president — were charged with funneling $4.3 million in bribes to the former chairman of the Ohio Public Utility Commission, Sam Randazzo. They and Mr. Randazzo, who was also indicted, have pleaded not guilty to a total of 27 charges. The FirstEnergy case has been called the largest political scandal in Ohio history.

Persons: Larry, Chuck Jones, Michael Dowling, —, Sam Randazzo, Randazzo Organizations: Ohio State House of Representatives, Ohio, Commission, FirstEnergy Corporation Locations: Akron, Ohio

☆ FTX's victims may get all their money back. The judge sentencing Sam Bankman-Fried might not care.
▼ + stars: | 2024-03-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Sam Bankman-Fried bilked FTX customers out of over $8 billion, according to prosecutors. AdvertisementAccording to federal prosecutors, Sam Bankman-Fried orchestrated one of the biggest criminal frauds in the history of the world. According to his lawyers, FTX's customers might get all their money back. According to prosecutors, Bankman-Fried was responsible for more than $11 billion in fraud overall between FTX customers and investors in FTX and Alameda Research. The recovered calculations, too, distort how much money customers are actually getting back.

Persons: Sam Bankman, —, Fried, FTX, John J, Ray III, Ray, Lewis Kaplan, Kaplan, Sarah Krissoff, Cozen O'Connor, Krissoff, it's, Sarah Silbiger, Bankman, bitcoin, Rachel Maimin, Lowenstein Sandler, Barbara Fried, Mark Cohen, Jane Rosenberg Bankman, Maiman, Maimin, Caroline Ellison Organizations: Service, FTX, Bankman, Alameda Research, US, United States, Second Circuit, U.S . House Financial, Capitol, Reuters, K5 Global, Prosecutors, Wall, REUTERS, Business, of Prisons, Alemda Research Locations: FTX, Manhattan, New Jersey, New York, Washington , U.S

☆ Leo Varadkar: What was behind Irish PM’s shock resignation?
▼ + stars: | 2024-03-24 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +7 min

CNN —Prime Minister Leo Varadkar sent shockwaves through Ireland when he candidly announced last week that he was “no longer the best person” to lead his country. Irish Times political correspondent Jennifer Bray was given less than an hour’s notice of the surprise statement from the taoiseach on Wednesday. His successor, largely tipped to be Higher Education Minister Simon Harris, will need to lead the center-right political party, Fine Gael, against a fired-up opposition. The 37-year-old who rose to prominence during his spell as health minister during the pandemic is considered by many to be a “mirror image” to Varadkar, Murphy said. Mary Lou McDonald, president of opposition party Sinn Fein, which has been making steady gains since 2020.

Persons: Leo Varadkar, Ireland’s, Varadkar, Joe Biden, Jennifer Bray, Bray, ” Gary Murphy, ”, ” Murphy, “, Simon Harris, Murphy, Varadkar “, Boris Johnson “, resoundingly, Nick Bradshaw, Paschal Donohoe, Harris, Tik Tok, “ Simon Harris, ” Bray, Mary Lou McDonald, Sinn Fein, Charles McQuillan, Sinn Féin Organizations: CNN —, Israel, Irish Times, Wednesday, CNN, Dublin City University, Higher Education, Fine Gael, Irish, Catholic Church Locations: shockwaves, Ireland, Gaza, Irish, Brussels, United Kingdom, Bray, Varadkar

☆ The Trump-supporting governor of Montana is staking his reelection on a set of 'miracle' YIMBY housing policies
▼ + stars: | 2024-03-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Greg Gianforte blames Paramount's hit 2018 soap opera "Yellowstone" for what he calls his state's most pressing crisis: housing affordability. The so-called Montana Miracle has been celebrated by progressive housing advocates across the country. The policies are supply-side fixes for the crisis — creating more housing to drive down costs — rather than subsidizing renters or lower-income homebuyers. Education Images/Getty ImagesRunning on housingGianforte was "pretty distant" when it came to overseeing the housing task force, Dugan said. Last June, he extended the housing task force through the next legislative session.

Persons: —, Greg Gianforte, Paramount's, Kevin Costner's, Gianforte, It's, it's, Kelly Lynch, who've, Mary Vanier, Kendall Cotton, Nathan Dugan, Daniel Zelnikov, Zelnikov, Lynch, Dugan, trickier, I've, he's, That's, Karlen, George Nikolakakos Organizations: Service, Business, Big Sky, Montana League of, Republican, Democratic, Montana, Frontier Institute, GOP Locations: Montana, Bozeman, and Towns, Montana's, Missoula, California, Whitefish, Washington

☆ Putin looms over a third successive US election
▼ + stars: | 2024-02-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —“Russia, Russia, Russia.”Ex-President Donald Trump’s scathing catch phrase for a torrent of investigations during his administration also serves as an apt catch-all for the current meltdown over Moscow roiling US politics. But Russia and its leader, whom President Joe Biden described as a “crazy S.O.B.” at a Wednesday fundraiser, won’t go away. All the ways Putin is playing in US politicsPutin is advancing Russian interests against the US on multiple fronts. Putin recently formalized his warming ties with North Korean tyrant Kim Jong Un by presenting him with a new limousine. The Russian leader was particularly incensed by the US-led operation to topple Libyan leader Moammar Gadhafi in 2011.

Persons: CNN —, ”, Donald Trump’s, Joe Biden, won’t, Vladimir Putin, Putin, Ukraine –, –, Alexander Smirnov, “, Trump, Smirnov, Biden, it’s, Putin can’t, ” Douglas, Alexey Navalny, Biden lambasts Trump, ” Biden, Volodymyr Zelensky, Ronald Reagan, Mikhail Gorbachev, he’s, he’d, Mike Turner, Ksenia, Paul Whelan –, Evan Gershkovich, Geopolitically, Kim Jong Un, George W, Bush, Barack Obama, Moammar Gadhafi, Hillary Clinton, Robert Mueller, “ We’ll, Mueller Organizations: CNN, Kremlin, United States, European NATO, ”, Moscow, House Republicans, GOP, CIA, NATO, Republican Party, Republicans, Republican, Trump, Marine, Wall Street, Putin, Biden, US, Democratic Locations: Russia, Moscow, United States, China, Soviet, East Germany, United, Ukraine, Russian, European, Washington, Asia, Sweden, Finland, Berlin –, Europe, Ukrainian, California, North Korea, Iran, Crimea, Helsinki, Geneva

The organization will host trade ministers and other officials from its 164 member countries in Abu Dhabi from Feb. 26-29. “People don’t realize that they’re taking for granted that 75% of world trade is taking place on WTO terms,” she said. Photos You Should See View All 33 ImagesIn Abu Dhabi, countries will discuss a “Fish 2” deal to ban subsidies that contribute to too many boats — or overfishing in general. It has created a “tough environment” for deals in Abu Dhabi at the end of the month. “The best we can do is to demonstrate why ... continuing to follow WTO rules is the best thing for the world.”

Persons: Donald Trump —, —, Ngozi Okonjo, Iweala, ”, Trump, “ Organizations: GENEVA, World Trade Organization, White House, WTO, Agriculture, United, Washington, European Union, Trump Locations: Geneva, Abu Dhabi, United States, Canada, Mexico, China, Britain, Japan, U.S, India, Europe

☆ Rippling CEO Parker Conrad dishes on why the startup is sitting on a massive $750 million war chest
▼ + stars: | 2024-02-14 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

This story is available exclusively to Business Insider subscribers. To this day, Rippling hasn't touched the money it raised in that emergency package, Conrad told Business Insider. Rippling will invest hundreds of millions of dollars from the balance sheet into research and development this year, according to CEO Parker Conrad. Parker Conrad says Rippling hasn't touched any of the venture capital it raised over the last two rounds. Shepherding the startup through this next growth phase is new chief product officer Eisar Lipkovitz, Rippling told Business Insider exclusively.

Persons: Parker Conrad, Conrad, Rippling hasn't, Kleiner Perkins, Rippling, Amy Osborne, Mamoon Hamid, they've, TechCrunch, Eisar Lipkovitz, Lipkovitz, Deel, Melia Russell Organizations: Business, paychecks, Bedrock, Washington Post, JPMorgan, Google Locations: Silicon, San Francisco, Asia, Lyft, Rippling

☆ Nine hours at the most unhinged hole in golf
▼ + stars: | 2024-02-13 | by ( Zak Jason | ) www.businessinsider.com time to read: +12 min

But this was Saturday at the 16th hole of Phoenix’s Waste Management Open, also known as the loudest day at the Loudest Hole in Golf, also known as the Greatest Show on Grass. “We’re so back.”In theory, this was a professional golf tournament, one of the oldest on the PGA Tour. Iwas there as an inevitable result of being in all-male group chat, its own black hole of feral manhood. Few were watching golf; most were huddled in circles many yards from the 16th hole, drinking and people-watching. That’s worth the wait.”Inside our box, golf continued to happen, but if the golfers weren’t teeing off, no one was watching the course.

Persons: seltzer, “ He’s, ”, —, Vuori, Oxford —, there’d, Creed’s, Scott Stapp sauntering, Christian Petersen, Getty “ Scott Stapp, “, Miller, George Bush, Orlando Ramirez, Getty, ” He’d, ctT5HMvIyg, Happy, Thomas Jefferson, MAGA, Him Cook, Ross D, Jesus Christ, Johnny, weren’t teeing, Hey, Potter, hal, Ben Jared, shitshow ” Organizations: Waste, Oxford, PGA, NBC, Alabama, pats, BlackRock, Bulls, WM, SEC, Happy Gilmore Bruins, Mardi Gras, Franklin, Waste Management Locations: Patagonia, Phoenix

☆ Beautycounter’s founder sold the $1 billion business and lost her job—now she’s back as CEO: 'Failure is not an option'
▼ + stars: | 2024-01-31 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Gregg Renfrew built a billion-dollar brand, only to end up on the outside looking in after investors brought in a replacement CEO. Renfrew, 55, founded clean beauty brand Beautycounter in 2011 with the mission of disrupting the cosmetics industry by only selling products made without "questionable or harmful chemicals." Along the way, Renfrew and Beautycounter raised more than $93 million from investors, according to Crunchbase. Renfrew: It was really, really difficult. I sold the business right before the world opened up with Covid and so much was changing and swirling around.

Persons: Gregg Renfrew, Beautycounter, Carlyle, Renfrew, Marc Rey, Martha Stewart, Rey, burnishing, Renfrew's, Carlyle Roberto Marques, it's, It's, you've Organizations: CNBC, Ulta, Carlyle Group Locations: Renfrew, New York, Denver, U.S, Washington

☆ A career coach explains how ChatGPT has helped her clients find jobs and become more productive at work
▼ + stars: | 2024-01-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Over the past year, the 43-year-old began using ChatGPT to help clients find fulfilling jobs and advance their careers, she told Business Insider. Evangelia LeclaireWhen used optimally, Leclaire said ChatGPT has also helped some of her clients become more productive at their jobs . AdvertisementUsing AI at work to increase productivityLeclaire recalled one client, a content marketing professional, who is now using AI to analyze data . Using ChatGPT, she helped him craft a list of his top principles for success to share on the platform. In response to these concerns, she's helped clients figure out how they can continue to add value to their employers.

Persons: —, she's, Leclaire, Evangelia, ChatGPT, it's, I'd Organizations: Service, Business Locations: New York

PARK CITY, Utah (AP) — Jesse Eisenberg had not seen “Succession” when he was writing his new film “A Real Pain.” But his sister Hallie Eisenberg knew from years of watching Roman Roy that Kieran Culkin would be perfect. Eisenberg had wanted to play the spontaneous one, which was similar to a character he'd played on stage in “The Spoils” in England. They’d met previously through their mutual friend Emma Stone, who also produced “A Real Pain,” but he really didn’t know him well. His hope is that “A Real Pain” speaks to a cross-cultural, universal experience — though he’s also worried that sounds too much like a commercial. In addition to trying to sell “A Real Pain,” Eisenberg is also starring in “Sasquatch Sunset,” about a family of Sasquatches.

Persons: — Jesse Eisenberg, Hallie Eisenberg, Roman Roy, Kieran Culkin, They’re, Eisenberg, he'd, Culkin, They’d, Emma Stone, he’d, ” Culkin, ” Eisenberg, Kieran, flummoxed, ”, “ sparkled, “, Vanessa Redgrave, Ewa Puszczynska, “ White, Will Sharpe, Jennifer Grey, Kurt Egyiawan, he’s, It’s, Kristen Stewart, He’s, ’ ” Stewart, Jesse Organizations: Sundance, “, Tablet Magazine, Jewish Locations: CITY , Utah, Poland, England, Mongolia, Polish, legitimizing, Winnipeg, Eisenberg

☆ Please stop ignoring your flight attendants
▼ + stars: | 2024-01-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A display showing the 'fasten your seatbelt' sign and the 'no smoking' sign illuminated on board an aircraft. Never mind that flight attendants have begun their pre-flight safety demonstration, or that a video has begun to play informing you of the procedures in case of an emergency. No one was seriously injured on the flight, which returned to Portland, Oregon. Both near-catastrophes underscore the importance of travelers paying attention to flight attendant safety information and instructions — before and during an accident. Everyone from passengers to onlookers to aviation executives have commended the crews of those Japan Airlines and Alaska Airlines flights for shepherding passengers through safely.

Persons: you've, Sara Nelson Organizations: Association of Flight, CWA, Japan Airlines Airbus, Alaska Airlines Boeing, Max, Japan Airlines, Alaska Airlines Locations: United , Alaska, Frontier, Portland , Oregon

☆ U.S. Attorney in Manhattan Launches Program to Encourage More Self-Disclosure
▼ + stars: | 2024-01-13 | by ( Mengqi Sun | ) www.wsj.com time to read: 1 min

The U.S. Attorney’s Office for the Southern District has used its jurisdiction over Wall Street to aggressively prosecute financial crimes. Photo: chip east/ReutersThe U.S. Attorney’s Office in Manhattan has launched a pilot program that seeks to offer an incentive to individuals to report to and cooperate with authorities in the prosecution of criminal conduct. The program, announced Wednesday by the U.S. Attorney’s Office for the Southern District of New York, known for shepherding high-profile white-collar criminal cases, aims to help prosecutors bring more misconduct to light.

Organizations: U.S, Attorney’s, Southern, of Locations: Manhattan, of New York

☆ What is Binance, why is it in so much trouble, and what does it mean for crypto?
▼ + stars: | 2023-11-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Not only is Binance the world’s biggest crypto exchange, it is orders of magnitude larger than its rivals. Up until recently, Binance boasted nearly 60% of the market share for crypto spot trading. The Seychelles-based OKX is second in market share at 5.44% and the US exchange Coinbase is third at 5.37%, according to crypto news site CoinDesk. Today, Binance takes responsibility for this past chapter.”It’s a common refrain among crypto firms who find themselves under scrutiny. “What this plea deal does is give Binance as a chance to live another day,” Yadav said.

Persons: Changpeng Zhao —, Binance, Zhao, “, ” Zhao, FTX, “ Binance, ”, Robert Le, Yesha Yadav, ” Yadav Organizations: New, New York CNN, Justice Department, Binance Holdings, Bloomberg, Getty, CZ, PitchBook, Investors, Vanderbilt University, Binance Locations: New York, Binance, Seychelles

In this crowded field, Vancouver-based Filament Health has a unique approach: extracting drugs like psilocybin and mescaline from natural sources, including mushrooms and cacti, rather than synthesizing the ingredients in a laboratory. Filament CEO Benjamin Lightburn spoke with The Associated Press about the ethical, therapeutic and medical case for using naturally derived psychedelics. Q: What do you mean by “natural psychedelics” and how are they produced? A: The iboga plant, which contains the psychedelic ibogaine, is probably the best example of that at Filament. There is a ton of interest from different researchers all around the world to use our psychedelic drugs.

Persons: Benjamin Lightburn, It’s Organizations: Associated Press, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Vancouver, West Africa, Gabon

☆ EU’s best way to close its US growth gap: growth
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, Oct 26 (Reuters Breakingviews) - The European Union would have a better chance of catching the U.S. if it aimed for growth, instead of rearranging the regulatory deck chairs. Lowering political barriers in the 27-country single market could boost investment without breaking the bank on subsidies, Jean-François van Boxmeer told Breakingviews, citing a new European Round Table for Industry report. In the telecommunications sector, the European Commission has kept four providers in most of the EU’s markets, and screens out Chinese equipment-makers over security concerns. The European Commission reckons completing the single market by 2030 would hike EU GDP by 12%, or 713 billion euros. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: François van Boxmeer, Breakingviews, van Boxmeer, Jacob Wallenberg, Rebecca Christie, George Hay, Streisand Neto Organizations: Reuters, European, Vodafone, Reuters Graphics Business, EU, European Commission, Investor, X, News Corp, Thomson Locations: BRUSSELS

The House vote to oust Kevin McCarthy from his post on Tuesday marked a historic first, as a group of conservatives sided with Democrats to successfully boot him from the speakership. Immediately following the vote to oust McCarthy, a temporary speaker – Rep. Patrick McHenry of North Carolina – took over based upon a list of succession that the former speaker submitted in January. In his first move in the temporary role, McHenry recessed the chamber to “discuss the path forward,” before lawmakers returned to their districts for the week. Following the vote, former House Speaker Nancy Pelosi was ordered to vacate her Capitol hideaway. Pelosi called the move a “sharp departure from tradition,” as other former speakers have been permitted to retain offices near the House chamber beyond their tenure.

Persons: Kevin McCarthy, McCarthy, Patrick McHenry of, Patrick McHenry of North Carolina –, ”, McHenry, –, Steve Scalise, Jim Jordan of, Kevin Hern, Tom Emmer, Donald Trump, he’s, Matt Gaetz’s, Mitch McConnell, McCarthy –, “, ” McConnell, Chuck Schumer, Nancy Pelosi, Pelosi Organizations: White, Republican, GOP, Republicans, House Democrats, Capitol hideaway Locations: Patrick McHenry of North Carolina, McHenry, Louisiana, Jim Jordan of Ohio, Oklahoma, Minnesota, Florida

☆ Inside the talks leading to a step-down in the G20’s Ukraine declaration
▼ + stars: | 2023-09-10 | by ( Kevin Liptak | ) edition.cnn.com time to read: +4 min

Four diplomats involved in the discussions described a pained process that resulted in a document that – despite public support from the White House – left many supporters of Ukraine deeply disappointed. Ukraine itself declared the document “nothing to be proud of.”The talks unfolded over 200 hours of meetings and 15 different drafts, according to the Indian government official responsible for shepherding the talks. Focus turned to the paragraph in last year’s G20 declaration adopted in Bali condemning Russian “aggression” in Ukraine. “This is not the statement the G7 or NATO would have written,” one European official involved in the talks said. Concluding the summit without a statement would have amounted to a major disappointment; no G20 summit in the past 15 years has ended without one.

Persons: Narendra Modi, –, ”, Emmanuel Macron, Biden, Russia’s, “, ” Biden, Modi Organizations: New, New Delhi CNN, NATO, White Locations: New Delhi, Ukraine, Russia, China, Bali, Russian, Moscow, Brazil, South Africa, Europe

Former U.S. President Donald Trump arrives at Trump Tower after giving a deposition to New York Attorney General Letitia James who sued him and his Trump Organization, in New York City, U.S., April 13, 2023. Trump, the frontrunner for the 2024 Republican presidential nomination, was charged in August in an indictment alleging he and his co-defendants conspired to pressure Georgia election officials to reverse his loss to Democratic President Joe Biden. Several defendants have filed similar motions to sever, and some are seeking to move their cases from state to federal court. Prosecutors countered that all of the defendants are implicated in the same scheme to overturn Georgia’s election results. Trump is set to face three other criminal trials next year, further complicating the schedule in the Georgia case.

Persons: Donald Trump, Letitia James, Bing Guan, Scott McAfee, Sidney Powell, Kenneth Chesebro, Scott Grubman, Trump, Joe Biden, Prosecutors, McAfee, Powell, Chesebro, Fani Willis, Jack Queen, Noeleen Walder, Daniel Wallis Organizations: U.S, Trump, New York, Trump Organization, REUTERS, Chesebro, Democratic, Prosecutors, White, Thomson Locations: New, New York City, U.S, Georgia, Fulton County, Atlanta, Florida, Washington

☆ Nvidia shares are still cheap even after hitting an all-time high, says Melius Research
▼ + stars: | 2023-08-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Nvidia shares just closed at a record-high — and there's more momentum ahead, according to Melius Research. Well not after F2Q24 revisions, and especially not when you adjust for growth," Reitzes said. According to the analyst, Nvidia is currently trading at a cheaper valuation than shares of Alphabet, Microsoft and Apple, based on enterprise value-to-sales ratios. Reitzes has a buy rating on Nvidia shares. Shares inched down 0.4% Wednesday premarket, after rising more than 4% the prior trading session to a record close.

Persons: Ben Reitzes, Reitzes, — CNBC's Michael Bloom Organizations: Nvidia, Research, Microsoft, Apple

Competition for buy-side jobs, including at private equity firms and hedge funds, can be fierce. Insider identified the 13 recruiting firms aspiring dealmakers and traders should know for a buy-side job. The buy-side hiring spree is expected to continue despite a slowdown in mergers and acquisitions — a cornerstone of private equity investing. BellCast Partners works with mega funds, middle market funds, infrastructure funds, impact funds, real estate private equity funds, sector-focused funds, sovereign wealth funds, family offices, and credit funds. Today it does searches in private equity, growth equity, distressed, credit, venture capital, hedge funds, family offices, and select investment banks.

Persons: headhunting, Brain O'Callaghan, John Arbolino, Arbolino, Amity, Pamela Esterson, Susanna Nichols, Nichols, Esterson, Danielle Caston Strazzini, Alison Bellino Johnson, BellCast, Caston Strazzini, Jill Pierce, Spencer Stuart, Pierce, —, Brian O'Callaghan, it's, Renee Hylton, Keith Mann, Josh Grauer, Grauer, Mann, Adam Zoia, Annette Krassner, Katie Cunningham, Sarah Armstrong, Cunningham, Armstrong, Anna Brady, Janelle Matthews, Beth Grossman, Brady, they've, Morgan Stanley Eleni Henkel, Henkel, Leah Trabich, HSP, Carlyle, Warburg Pincus, Adam Kahn, Kahn, Anthony Keizner, Keizner, Nina Swift, Marty Brady, Vedica Qalbani, Qalbani, Lindsey Mead, Jessica Wu, Michael Garmisa, SearchOne, Sheri Gellman, Gellman Organizations: Citadel, nab, Boothroyd, Co, Wall, Amity Search Partners, Palm Beach Staff, SG Partners, Bain Capital, Centerbridge Partners, Trian Partners, BellCast, Charlotte Staff, CPI, BellCast Partners, Investor Relations, Nashville, San Francisco, Wharton, Harvard, Stanford, New York Staff, Partners, San Francisco Staff, Los Angeles Staff, TPG, Thoma Bravo, Bessemer Venture Partners, EQT, Elliott, Equity, KKR, ICONIQ, Spectrum Equity, Henkel Search, Search Partners, New York, Oxbridge, Nashville Staff, Time Warner, Indiana University, SG Locations: New York, San Francisco, Austin, San Diego, Chicago, Los Angeles , New York, Phoenix, West Coast, Los Angeles, NYC, California, United States, Boston, Dallas, Atlanta, Columbia, Latin America, Asia, Europe, San Francisco , New York, Bay, Gold, Los Angeles , Greenwich, Nashville, Amity, South Florida

☆ Israeli President Works to Ease Tensions With U.S., Calling Bond ‘Irreplaceable’
▼ + stars: | 2023-07-19 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

President Isaac Herzog of Israel used an address to Congress on Wednesday to try to smooth over fresh tensions between his country and the United States, appealing to American lawmakers to continue investing in the “irreplaceable” relationship even as he acknowledged problems at home that have strained that bond. And he elicited applause from both Republicans and Democrats as he lauded the vibrancy of Israel’s democracy and recalled the 75-year alliance with the United States. “We are proud to be the United States’s closest partner and friend,” Mr. Herzog told lawmakers. “When the United States is strong, Israel is stronger. It also appeared aimed at reassuring Israelis, who have taken to the streets by the thousands to protest Mr. Netanyahu’s policies, that the country still values its democratic, pluralistic legacy.

Persons: Isaac Herzog of Israel, Herzog, Abraham, ” Mr, Benjamin Netanyahu’s Organizations: shepherding, Abraham Accords, Republicans, Democrats, Israel Locations: United States, Israel

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