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☆ Venture capital has female entrepreneur black spot: podcast
▼ + stars: | 2023-07-11 | by ( Lisa Jucca | ) www.reuters.com time to read: 1 min

MILAN, July 11 (Reuters Breakingviews) - Companies founded by women get at best 3% of venture money each year. That’s a sign investors are not allocating capital wisely and missing lucrative deals, Loyal VC founding partner Kamal Hassan tells The Exchange podcast. Listen to the podcastFollow @LJucca on TwitterSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Kamal Hassan, Oliver Taslic Organizations: MILAN, Reuters, Companies, Twitter, Thomson

REUTERS/Kim... Read moreLONDON/WASHINGTON, July 10 (Reuters) - When it comes to taking stock of global emissions, there's an elephant in the room: the world's armed forces. NATO, the 31-country Western security alliance, for example, told Reuters it has created a methodology for its members to report their military emissions. And Washington sent U.S. Army and Navy representatives to the COP27 climate summit in Egypt last year, the first time a Pentagon delegation has attended the global climate summit. Ukraine's environment ministry spokesperson said it supports the efforts and would seek backing from governments at COP28 for more transparent military emissions reporting. In the meantime, global military emissions will remain poorly understood, said Stuart Parkinson, executive director of the group Scientists for Global Responsibility.

Persons: Kim, Queen Mary, Axel Michaelowa, Meredith Berger, Neta Crawford, Deborah Burton, Lennard, Klerk, James Appathurai, Markus Ruelke, Stuart Parkinson, Sarah McFarlane, Valerie Volcovici, Sabine Siebold, Richard Valdmanis, David Clarke Organizations: REUTERS, Observatory, United Arab Emirates, UNFCCC, COP28, NATO, Reuters, Washington, U.S . Army, Pentagon, U.S . Navy, The, U.S . Defence Logistics Agency, U.S . Department of Defense, Oxford University, Oxford, Queen Mary University of London, Scientists, Global, Thomson Locations: South Korea, U.S, Pocheon, WASHINGTON, Kyoto, Paris, Lancaster, Oxford, Dubai, UAE, Zealand, Britain, Germany, Egypt, The U.S, Afghanistan, Iraq, Ukraine, Singapore, Switzerland, Syria, COP28, Berlin

☆ Several Executives of P.R. Firm Joele Frank to Start Own Firm
▼ + stars: | 2023-07-09 | by ( Lauren Hirsch | More About Lauren Hirsch | ) www.nytimes.com time to read: +1 min

There was a time when companies doing big deals could turn to only a handful of firms for advice. But the booming demand for counsel on acquisitions, activist investors and corporate crises has widened that circle and, increasingly, led to the creation of new firms. The latest example is Collected Strategies, which is being started by several executives at the communications firm Joele Frank, Wilkinson Brimmer Katcher, along with Ed Hammond, a longtime mergers-and-acquisitions reporter for Bloomberg. “Communications advice needs to as well.”The firm is starting in a period of elevated scrutiny of Wall Street’s activities. While overall deal making has been down, last year was the busiest in four years for activist investors, who take stakes in companies and demand change.

Persons: Joele Frank, Wilkinson Brimmer Katcher, Ed Hammond, Mr, Hammond Organizations: Bloomberg, “, Communications, Investment

"If you focus only on investments, you're going to drive yourself as crazy as the markets are." 'Don't get so wrapped up in the markets'Your broader portfolio consists of all of your assets, said Braxton. In addition to what's invested in the market, those assets might include cash savings, real estate and your human capital. Keep your home and human capital in mind when you strategize your financial plan, she said. Invest in your human capital by refining your skills to preserve your main source of income, especially in economic downturns.

Persons: Lazetta Rainey Braxton, Braxton, what's Organizations: CNBC's, Investors, Invest

Only a handful of companies are responsible for most of the index's gains thus far, including the likes of Nvidia (NASDAQ: NVDA ), Meta (NASDAQ: META ) and Tesla (NASDAQ: TSLA ). The good news is market breadth improved beginning in late May and leadership has expanded to include cyclical sectors and industries. Still, these firms have become so expensive relative to the broader market that some analysts have recently begun downgrading them. More from Personal Finance:As July 4 motorists kick off summer travel, how to save on gasWhat to know about your rights as an air travelerHow travelers are booking vacations amid inflationOne place to start could be cruise companies: Carnival Cruise Line (NYSE: CCL ), Norwegian Cruise Line (NYSE: NCLH ) and Royal Caribbean International (NYSE: RCL ). Perhaps no other industry took it on the chin as hard during the pandemic, which halted sailings for months.

Organizations: NASDAQ, Nvidia, Meta, Tesla, Finance, NYSE, Cruise Line, Royal Caribbean International

☆ The Hollywood 'content bubble' is coming to an end, says Puck's Matt Belloni
▼ + stars: | 2023-07-06 | 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 EmailThe Hollywood 'content bubble' is coming to an end, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss a Hollywood in crisis, the state of the streaming wars, and more.

Persons: Matt Belloni Matt Belloni, Puck

We asked investors at European venture capital funds to pick out rising stars in the industry. Venture capital is in a state of flux right now. Insider has set out to identify some of the rising stars in Europe's venture capital ecosystem who are taking on that challenge. It is London-dominated, with the UK capital once again taking the most VC funding in Europe last year. Read on to see 2023's rising stars of venture capital in Europe, in no particular order.

Persons: Read Organizations: Venture Locations: London, Berlin, Paris, Europe, Stockholm

After the Supreme Court struck down the Biden administration's plan to wipe away about $430 billion dollars in student loan debt, many borrowers are now scrambling to figure out exactly when their next payment is due, how much they owe and whether they'll be able to afford that bill. President Joe Biden has promised to continue to work on a proposal to forgive student loan debt. Yet, "under the law, this path could take time," admitted U.S. Education Secretary Miguel Cardona, vowing to keep borrowers updated in the months ahead. For now, the Biden administration is taking action to help provide some relief to borrowers by offering a more affordable income-driven repayment plan.

Persons: Biden, they'll, Joe Biden, Miguel Cardona Organizations: Education

☆ Seeing lots more value outside the U.S. and people should take advantage: Portfolio manager
▼ + stars: | 2023-06-30 | 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 EmailSeeing lots more value outside the U.S. and people should take advantage: Portfolio managerDan O'Keefe, founding partner at Artisan Global Value Fund, discusses the investing outlook, saying investors should stay stock specific and focus on valuation.

Persons: Dan O'Keefe Organizations: Fund

☆ Japanese yen weakness is 'not necessarily a good thing' for U.S. dollar investors, says analyst
▼ + stars: | 2023-06-28 | 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 EmailJapanese yen weakness is 'not necessarily a good thing' for U.S. dollar investors, says analystJapanese yen weakness isn't good for U.S. dollar investors, says Timothy Morse, founding partner of Asymmetric Advisors, who pointed out that the Topix index has underperformed the S&P 500 in dollar terms this year.

Persons: Timothy Morse Organizations: U.S, Asymmetric Advisors

☆ Americans think they will need nearly $1.3 million to retire comfortably, study says. How to calculate your own 'magic number'
▼ + stars: | 2023-06-26 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Respondents in their 50s expected to need the most when they retire — more than $1.5 million, the survey found. Calculating your own retirement 'magic number'Rather than think about a big goal number for retirement, Patel said he urges clients to identify their income needs. As you think about retirement, in an ideal world, you would have enough guaranteed zero risk income to cover your guaranteed expenses. Alap Patel wealth management advisor for Northwestern MutualEveryone typically has three types of expenses, Patel said. "As you think about retirement, in an ideal world, you would have enough guaranteed zero-risk income to cover your guaranteed expenses," Patel said.

Persons: Antonio Suarez Vega, It's, Alap Patel, it's, Patel, Gen Xers, Gen, Winnie Sun, Sun Organizations: Istock, Northwestern Mutual, Savings, Finance, Cerulli Associates, Sun Group Wealth Partners, CNBC's Locations: Chicago, millennials, Irvine , California

☆ Opinion | A Renowned Economist’s New Idea for Stopping Climate Change
▼ + stars: | 2023-06-26 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Now he’s a founding partner and the risk manager at Kepos Capital, a New York-based investment company with $2 billion under management. What excites him these days is a financial instrument he’s conceived that he thinks could help stop climate change. The problem Litterman is trying to solve is that many private investors are unwilling to invest heavily in climate solutions because they lack confidence that there will be a payoff. There’s a term for the problem Litterman is wrestling with: time inconsistency. In the case of climate change, investors understandably worry that the government will back away from its commitment to a high carbon price if there’s a substantial political backlash.

Persons: Robert Litterman, Goldman Sachs, Fischer Black, Litterman, it’s, Finn Kydland, Edward Prescott Organizations: Wall, University of Minnesota, Kepos, Society Locations: New York, London

☆ High interest rates and economic uncertainty are behind recent rise in corporate defaults
▼ + stars: | 2023-06-24 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates is likely in coming months. Earlier this week, Fed Chairman Jerome Powell said to expect more interest rate increases this year, albeit at a slower rate, until more progress is made on lowering inflation. Bankers and analysts say high interest rates are the biggest culprit of distress. While the most troubled companies have been affected recently, he expects companies with more financial stability to have issues refinancing due to high interest rates.

Persons: Jerome Powell, Mohsin Meghji Organizations: Federal Reserve, Moody's Investors, Bankers, Partners, P Global Market Intelligence Locations: Washington ,, U.S, Canada

☆ A TikTok craze has people stealing dishes and glasses from restaurants, and it's revealing a long history of sticky-fingered diners
▼ + stars: | 2023-06-24 | by ( Yeji Jesse Lee | Nancy Luna | ) www.businessinsider.com time to read: +6 min

Restaurant owners say the trend shows just how often things go missing at their establishments. Restaurant owners told Insider that customers who deploy the five-finger discount have been around for as long as they can remember but TikTok has given people an opportunity to share their exploits. "I actually have to stock them in my apartment," he told Insider. Some restaurant owners are trying to look at the bright side. Occasionally, he said, he's even seen people post videos of house parties where, in the background, he can see partiers drinking out of one of his bar's glasses.

Persons: —, Chris Klemens, Klemens, , Andrew Rigie, Chapman, Wil Dee, Dee, Mathias Van Leyden, Loulou, he's, Petit, Dee hadn't, Van Leyden, they're, Sands, Fritz Brogan, Brogan Organizations: Service, New, Hospitality Alliance, Orange County, Food & Wine, Mission, Royal Sands Social Locations: New York, Orange, Southern California, Orange , California, Manhattan, Washington, DC

☆ Sam Altman is AI's compelling preacher. The world is ready to bow down.
▼ + stars: | 2023-06-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Sam Altman is a man on a mission: Sell the world on AI. Insider spoke to people who met or saw Altman during his tour, who say the CEO was a convincing preacher. Sam Altman knows he's at an inflection point. On June 9, at a fireside chat in Seoul, Korea, the OpenAI CEO acknowledged he was on a "diplomatic mission." "Sam replied that he did not know and asked the student to tell him in ten years," Mathew said.

Persons: Sam Altman, Altman, Isaac Herzog, He's, Narendra Modi, Yoon Suk, Emmanuel Macron, Rishi Sunak, ChatGPT, Varshal Gupta, Gupta, OpenAI, Sam, Frances, …, Jacob Mathew, Mathew, Felfoul Organizations: Knights, Innovation, Google, Health, OpenAI, Qatar National Library, European Union, EU, WISE Locations: Seoul, Korea, Israel, Jordan, Qatar, UAE, India, Tel Aviv, South Korea, France, Delhi, Doha, European

☆ Watch CNBC’s full interview with Contrast Capital’s Ron Insana and Cresset Capital’s Jack Ablin
▼ + stars: | 2023-06-16 | 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 EmailWatch CNBC’s full interview with Contrast Capital’s Ron Insana and Cresset Capital’s Jack AblinRon Insana, Contrast Capital partners co-CEO, and Jack Ablin, Cresset Capital founding partner and CIO, join 'Power Lunch' to discuss the Fed's pause in the rate hikes, the state of the economy, and more.

Persons: Ron Insana, Cresset, Jack Ablin Ron Insana, Jack Ablin Organizations: Capital, Cresset

☆ We can't make a uniform statement about the state of the economy, says Cresset Capital's Jack Ablin
▼ + stars: | 2023-06-16 | 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 EmailWe can't make a uniform statement about the state of the economy, says Cresset Capital's Jack AblinRon Insana, Contrast Capital partners co-CEO, and Jack Ablin, Cresset Capital founding partner and CIO, join 'Power Lunch' to discuss the Fed's pause in the rate hikes, the state of the economy, and more.

Persons: Cresset, Jack Ablin Ron Insana, Jack Ablin Organizations: Capital, Cresset

☆ People are impersonating homeowners to take out mortgages and steal the money. Here are the best ways to stop it happening to you.
▼ + stars: | 2023-06-14 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Three industry professionals told Insider that incidents like this also happen in the US, and that homeowners should be taking steps to avoid it happening to them. The frequency of this specific type of fraud is hard to quantify, with most data tending to focus on the prevalence of mortgage fraud as a whole. Industry professionals told Insider in March that real-estate fraud as a whole has surged in the past year. Even in cases where the defrauded individuals successfully contest the loan, Berg said it can still be "costly and, of course, upsetting." The experts agreed that another way to stay safe is by purchasing insurance, such as an owner's title policy.

Persons: —, Jay Allen Macdougall, Macdougall, Josh Migdal, Migdal, Hayden, Arthur Pfizenmayer, Pfizenmayer, Bridget Berg, Berg Organizations: Service, Toronto, FBI, Federal Trade Commission, Industry, United States Sentencing Commission Locations: Canada, Pfizenmeyer, CoreLogic

☆ Mark Cuban says healthcare has to have more of a 'Netflix model'
▼ + stars: | 2023-06-13 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +3 min

Mark Cuban recently appeared on the a16z podcast "Bio Eats World" to talk about healthcare. Cuban believes healthcare systems need to adopt more of a "Netflix model" to "truly work." Mark Cuban has been disrupting healthcare with his low-cost online pharmacy, but there are other areas of the industry that can be improved upon too, he believes. Cuban believes that this model, in some ways, can also be applied to a local hospital or healthcare system. "If we're going to change healthcare," Cuban said.

Persons: Mark Cuban, Vijay Pande, Andreessen Organizations: Netflix, Dallas Mavericks, Cuban, Plus Locations: Cuban

☆ This startup making the electricity grid more resilient while reducing wildfires just raised $10.5 million. Check out the 10-slide pitch deck Gridware used to land the fresh funds.
▼ + stars: | 2023-06-13 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

California startup Gridware is working to prevent forest fires and make the grid more resilient. But Timothy Barat, the cofounder and CEO of risk management and wildfire mitigation startup Gridware, does exactly that. On a huge plot of land outside California's Bay area, Gridware has its own electricity grid complete with full-size 40-foot poles and power lines spanning 200 feet. Wildfires can be sparked by a number of things, including downed power lines. For example, the startup can detect vegetation striking power lines as soon as it happens.

Persons: JP Morgan, Timothy Barat, Chris Sacca's, Gridware's Barat, Barat, Gridware, Chris Sacca, we've, Seth Bannon Organizations: Lowercarbon Capital, UC Berkeley, Lowercarbon, Fifty Locations: California, California's, Barat, Gridware's, San Francisco, NYC

☆ Greene: If CPI comes in softer than expected, markets should see an intra-day rally
▼ + stars: | 2023-06-13 | 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 EmailGreene: If CPI comes in softer than expected, markets should see an intra-day rallyVictoria Greene, G Squared Private Wealth Founding Partner and CIO, discusses how today's CPI print and the Fed's policy meeting will impact the trading day ahead.

Persons: Greene, Victoria Greene Organizations: Private

☆ Watch CNBC's full interview with Eric Johnston and Jack Ablin
▼ + stars: | 2023-06-12 | 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 EmailWatch CNBC's full interview with Eric Johnston and Jack AblinEric Johnston, Cantor Fitzgerald's head of equity derivatives and cross asset, and Jack Ablin, Cresset Capital founding partner and CIO, join 'Closing Bell Overtime' to discuss the bull and bear cases for the current financial markets.

Persons: Eric Johnston, Jack Ablin Eric Johnston, Cantor Fitzgerald's, Jack Ablin Organizations: Cresset

☆ Get into value lower priced stocks, says Envestnet's Dana D'Auria
▼ + stars: | 2023-06-09 | 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 EmailGet into value lower priced stocks, says Envestnet's Dana D'AuriaDana D'Auria, co-CIO at Envestnet, and Victoria Greene, founding partner & chief investment officer at G Squared Private Wealth Management, join 'Closing Bell: Overtime' to discuss this week in markets and preview what to expect next week's big market moves.

Persons: Envestnet's Dana D'Auria Dana D'Auria, Victoria Greene Organizations: Envestnet, G Squared Private Wealth Management

☆ Watch CNBC’s full interview with Envestnet's Dana D’Auria and G Squared's Victoria Greene
▼ + stars: | 2023-06-09 | 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 EmailWatch CNBC’s full interview with Envestnet's Dana D’Auria and G Squared's Victoria GreeneDana D'Auria, co-CIO at Envestnet, and Victoria Greene, founding partner & chief investment officer at G Squared Private Wealth Management, join 'Closing Bell: Overtime' to discuss this week in markets and preview what to expect next week's big market moves.

Persons: Envestnet's Dana D’Auria, Victoria Greene Dana D'Auria, Victoria Greene Organizations: Envestnet, G Squared Private Wealth Management

☆ Tom Cruise reportedly upset over IMAX's handling of new Mission Impossible movie
▼ + stars: | 2023-06-05 | 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 EmailTom Cruise reportedly upset over IMAX's handling of new Mission Impossible movieMatt Belloni, Puck founding partner, joins 'Last Call' to discuss a report that Tom Cruise is upset the newest Mission Impossible movie will be bumped out of IMAX theaters for Universal's Oppenheimer.

Persons: Tom Cruise, Matt Belloni, Puck, Universal's Oppenheimer Organizations: Universal's

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