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London crossbow killer: Police search for suspect
  + stars: | 2024-07-10 | by ( Benjamin Brown | ) edition.cnn.com   time to read: +1 min
CNN —A manhunt is underway in north London for a man suspected of being armed with a crossbow, after three women were killed Tuesday evening. Police said they were searching for a 26-year-old man, named as Kyle Clifford, in connection with the deaths, who could be in north London or the neighboring county of Hertfordshire. Police were called to a house in Bushey, Hertfordshire, on Tuesday evening, where they found three seriously injured women. All the women, who are believed to be related, later died from their injuries, according to police. British Home Secretary Yvette Cooper has said she is being kept “fully updated” by police on the ongoing manhunt.
Persons: Kyle Clifford, Yvette Cooper, ” Cooper, Organizations: CNN, Police, Hertfordshire . Police, British, Hertfordshire Police, PA Media Locations: London, Hertfordshire, Bushey , Hertfordshire, Bushey
CNN —A statue of Anne Frank in Amsterdam was vandalized with “Gaza” graffiti, drawing criticism from the city’s mayor. “Officers went to the statue, saw the graffiti and started an investigation,” the spokesperson said. Anne Frank’s diary is often many young people’s first introduction to the horrors of the Holocaust. In 1944, the famous diarist and seven other Jewish people hiding in the Amsterdam secret annex were detained. They had hid for nearly two years in a secret annex above a canal-side warehouse in Amsterdam, before they were deported and Anne died in the Bergen Belsen camp at age 15.
Persons: Anne Frank, Frank, Femke Halsema, , , ” Halsema, Anne Frank’s, people’s, Anne Organizations: CNN, CNN Wednesday, Locations: Amsterdam, Gaza, Bergen
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGaza talks: Difficult to believe a deal will be struck, former Israeli official saysEran Etzion, former deputy head of Israel's National Security Council, says Prime Minister Benjamin Netanyahu and Hamas leader Yahya Sinwar have conditions for a cease-fire that are "not reconcilable."
Persons: Eran Etzion, Benjamin Netanyahu, Yahya Sinwar Organizations: Israel's National Security Council
SeongJoon Cho/Bloomberg via Getty ImagesThe U.S. Federal Reserve may start cutting interest rates before year's end. How interest rates impact the U.S. dollarIn reality, the dynamics driving dollar fluctuations are more complex than whether the Fed raises or lowers interest rates. The European Central Bank cut interest rates in June, for example. This is happening against the backdrop of a relatively strong U.S. economy, which also generally supports a strong dollar, Petersen said. For example, investors generally get a better return on cash when interest rates are high.
Persons: SeongJoon Cho, Jonathan Petersen, Petersen, " Petersen, that's, Richard Madigan, Benjamin Atwater, Atwater, Morgan's Madigan, Jerome Powell, Bonnie Cash Organizations: Bloomberg, Getty, . Federal, U.S ., Capital Economics, U.S, Morgan Private Bank, European Central Bank, Fed, Bank of Japan, U.S . Federal, Banking, Housing, Urban Affairs, ECB Locations: Japan, Asia, Denver, Europe, U.S
Marc Agnifilo addresses reporters in 2019 outside federal court in Brooklyn, where he represented NXIVM cult leader Keith Raniere. Timothy A. Clary/Getty ImagesAgnifilo, a former state and federal prosecutor in Manhattan, said he and co-counsel Teny Geragos are in regular communication with federal prosecutors. Combs has not spoken with prosecutors, added Agnifilo, now at Agnifilo Intrater. Alberto E. Rodriguez/Getty ImagesThe video corroborated allegations of violence in the R&B singer's lawsuit against Combs and Bad Boy Entertainment. Brafman repped Combs again in the leadup to the Ventura lawsuit.
Persons: , Sean, Diddy, Combs, Marc Agnifilo, Pharma Bro, Martin Shkreli, Goldman Sachs, Roger Ng, Keith Raniere, Agnifilo, Cassie Ventura, There's, Timothy A, Clary, Teny Geragos, Ventura, Lionsgate's, Alberto E, Rodriguez, I'm, Roberta Intrater, Jennifer Lopez, repped, Benjamin Brafman, Uncle Benny, Brafman repped Combs, Brafman, Ben Organizations: Service, Pharma, Business, Southern, of, CNN, Bad Boy Entertainment, Adria, Times Square, Brafman, Associates, Ventura, US Locations: Manhattan, of New York, Los Angeles, Miami, Brooklyn, New York, Florida, Ventura
Rai Benjamin: I love the drive it takes
  + stars: | 2024-07-10 | 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 EmailRai Benjamin: I love the drive it takes"Training for my event, it's really, really hard." Olympic hurdler and sprinter Rai Benjamin shares what ambition means to him.
Persons: Email Rai Benjamin, Rai Benjamin Organizations: Email
Rai Benjamin: You have to love the process
  + stars: | 2024-07-10 | 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 EmailRai Benjamin: You have to love the process"You definitely have to love what you do, especially in this sport." Olympic hurdler and sprinter Rai Benjamin shares what ambition means to him and how his passion for track & field has helped him succeed in the sport.
Persons: Email Rai Benjamin, Rai Benjamin Organizations: Email
But that data, which makes it possible to compare insurance premiums around the country, also shows something even more surprising: As climate change makes extreme weather more likely, the cost of home insurance doesn’t line up all that closely with risk. Deciphering the cost of home insurance from one place to another is almost impossible. They obtained data showing how much millions of American households pay to mortgage service companies, which typically includes insurance. Then they deducted payments for mortgages, property taxes and other fees, leaving them with an estimate of home insurance premiums. The result is first-of-its-kind data, piercing the veil that insurers and regulators have placed over the cost of home insurance in different parts of the country.
Persons: you’re, — Benjamin Keys, Philip Mulder, University of Wisconsin — Organizations: Wharton School, University of Pennsylvania, University of Wisconsin
But he urged the jury to refocus of what he called a “clear pattern of corruption.”“The timeline tells you what happened,” he said. Afterward, Mr. Monteleoni said that the businessman, Wael Hana, and another wealthy associate began paying Ms. Menendez a generous salary. Mr. Monteleoni said that was not believable, and he presented text messages and Google search history that he said showed Mr. Menendez knew exactly what his wife was receiving. Mr. Monteleoni was expected to complete his closing argument on Tuesday morning. Mr. Menendez fumed as he left the courthouse on Monday.
Persons: Robert Menendez, ” Prosecutors, Nadine Menendez, Paul Monteleoni, , , Menendez, Nadine, Mr, Monteleoni, Wael Hana, Menendez fumed Organizations: , Robert Menendez of New, Senate Foreign Relations, Department of Agriculture, Senate Foreign Locations: Robert Menendez of, Robert Menendez of New Jersey, Manhattan, New Jersey
To determine the best books of the 21st century , The New York Times Book Review and The Upshot polled hundreds of literary luminaries. Stephen King Stephen King has written more than 60 books, many of which have been adapted for film and television. Min Jin Lee Min Jin Lee has written two novels: FREE FOOD FOR MILLIONAIRES and PACHINKO, which was one of The Times’s 10 Best Books of 2017. Scott Turow Scott Turow is an attorney and writer best known for legal thrillers like PRESUMED INNOCENT and THE BURDEN OF PROOF. DU BOIS, was one of The Times’s 10 Best Books of 2021.
Persons: Stephen King Stephen King, , Ian McEwan ●, Christine Falls, Benjamin Black ●, Donna Tartt, Gillian Flynn ●, Cormac McCarthy ●, Margaret Atwood ●, Sarah Waters ●, Philip Roth ●, Viet Thanh Nguyen, , Stephen King, Min Jin Lee Min Jin Lee, Anthony Doerr ●, Katherine Boo ●, Colm Tóibín ●, Julie Otsuka ● “, Tara Westover ● “, Matthew Desmond ● “, Marilynne Robinson, Edward P, Jones, Barbara Ehrenreich ●, Phil Klay Karl Ove Knausgaard Karl Ove Knausgaard, Roberto Bolaño ● “, Maggie Nelson ● “, Elena Ferrante ● “, Ben Marcus ● “, Emmanuel Carrère ●, Kazuo Ishiguro ●, Claire Keegan ● “, Peter Handke ●, Denis Johnson ●, Svetlana Alexievich, Bonnie Garmus Bonnie Garmus, Barnes, Nehisi Coates, Barbara Kingsolver ●, Tara Westover, Matt Ridley ●, Harry Potter, Prince, Rowling ●, Dave Eggers ●, Henry David Thoreau, Laura Dassow, Ben Rice ●, Colson Whitehead ●, Timothy Egan Nana Kwame Adjei ‑ Brenyah Nana Kwame Adjei ‑, ZZ Packer, Diana Khoi Nguyen, “ Greenwood, Michael Christie, Solmaz Sharif, Min Jin Lee ● “, George Saunders ● “, Jesmyn Ward, Ted Chiang ●, George Saunders ●, Colson Whitehead, Chimamanda Ngozi, Edwidge Danticat, Aracelis Girmay, Natsuo Kirino, Roberto Bolaño ●, Francisco Goldman ●, Paul Beatty Sarah Jessica Parker Sarah Jessica Parker, Tayari Jones, Sting, Paul Murray ●, Megha Majumdar ●, Anthony Marra ●, Jonathan Franzen ●, Donna Tartt ●, Janika Oza, Patrick Radden Keefe, Sonali Deraniyagala James Patterson James Patterson, Bill Clinton, Dolly Parton, J.D . Barker, Stephen King ● “, Markus Zusak ●, Tara Westover ●, Stieg Larsson, Gillian Flynn, Rowling, Anthony Bourdain ●, Keith Richards, James Fox ●, Dennis Lehane ●, Laura Hillenbrand Elin Hilderbrand Elin Hilderbrand, “ Alice, Oliver, Charles Bock ●, Curtis Sittenfeld, Tim Winton ●, Lily King ● “, Anna Quindlen ●, Lauren Groff ● “, Maggie O'Farrell, Raven Leilani, Erin Morgenstern Annette Gordon ‑ Reed Annette Gordon, Reed, Siddhartha Mukherjee, Annette Gordon, Reed ●, Henrietta, Rebecca Skloot ●, Louis Menand ●, Isabel Wilkerson ●, Hilary, Rebecca Roanhorse Rebecca Roanhorse, Hugo, Ann Leckie ● “, Ted Chiang ● “, Kim Stanley Robinson ●, Stephen Graham Jones ●, Ken Liu ●, Djèlí Clark ●, Louise Erdrich ●, Theodore Sturgeon Marlon James Marlon James, Booker, Maria McCann ● “, Bird, James McBride ●, Alan Hollinghurst ●, Min Jin Lee ●, Skippy, Patrick French Roxane Gay Roxane Gay, Michael Chabon ●, Alicia Erian ●, Bernardine Evaristo, Kiese Laymon, Carmen Maria Machado ●, Zadie Smith, Emma Donoghue ●, Ann Patchett Jonathan Lethem Jonathan Lethem, Eugene Lim ●, Olga Ravn ●, Percival Everett ●, Keith Ridgway ●, Renee Gladman ●, Lydia Millet ● “, Helen DeWitt ● “, Robin McLean ●, Christopher Sorrentino Sarah MacLean Sarah MacLean, Angelina M, Lopez ● “, Lisa Kleypas ●, Jennifer Crusie ●, Circe, Madeline Miller, Kresley Cole ●, Beverly Jenkins ● “ Georgie, Kate Clayborn ● “ Hana Khan, Uzma Jalaluddin, Milla Vane ● “, Sherry Thomas Ed Yong Ed Yong, Bel Canto, Ann Patchett, Nana Kwame Adjei, Abed Salama, Nathan Thrall, Mohsin Hamid ● “, Helen Macdonald ● “, Jenny Odell ●, Julie Otsuka, Amal El, Max Gladstone ●, Hernan Diaz, Thomas Chatterton Williams Thomas Chatterton Williams, Hagar's, Jones ●, Catherine Lacey ● “, Dana Spiotta, Joan Silber ● “ Malcolm X, Manning Marable, Alice Munro ●, Hua Hsu, Veronica, Mary Gaitskill ●, Isabel Wilkerson Paul Tremblay Paul Tremblay, Mark Z, Joker, Kaoru Takamura ●, Benjamín Labatut, Stephen Graham Jones, Mariana Enriquez ●, Sara Levine ●, Colson Whitehead Nick Hornby Nick Hornby, Michael Chabon, David Kynaston ●, Billy Lynn's, Ben Fountain ●, Richard Russo, Olive Kitteridge, Elizabeth Strout ●, Mark Harris ●, Adrian Nicole LeBlanc ●, Scott Turow Scott Turow, Sam Quinones ● “, Elena Ferrante, Ann Goldstein, , Timothy Snyder ●, Adam Johnson ●, Ann Goldstein ●, Daniel Kahneman ● “, Daniel Alarcón Daniel Alarcón, Oscar Wao, Junot Díaz, Claudia Rankine, Jones ● “, Adrian Nicole LeBlanc ● “, Patrick Radden Keefe Honorée Fanonne Jeffers Honorée Fanonne Jeffers, Victor Luckerson ●, Alice Walker ●, Toni Morrison ●, Toni Morrison ● “, Ibram X, Tiya Miles ●, Isabel Wilkerson Lucy Sante Lucy Sante, Uwe Johnson, Damion Searls, Jeremiah Moss ●, Sigrid Nunez ●, Ian Penman, Mike DeCapite ●, Rachel Kushner ●, Ed Park ●, Svetlana Alexievich Gary Shteyngart Gary Shteyngart, Pitchaya Sudbanthad, Amy Hempel, Amy Hempel ● “, Colm Tóibín, Joseph O’Neill ●, Rachel Cusk ●, Tony Judt ●, Isabel Wilkerson Anand Giridharadas Anand Giridharadas, Jane Mayer ●, Andrew Solomon ● “, Hanya Yanagihara, Suketu Mehta, Karl Ove Knausgaard ●, Asne Seierstad, Joan Didion Jessamine Chan Jessamine, Barack Obama, Tang, Chloé Cooper Jones, Andrea Elliott ● “, Jenny Erpenbeck, Lauren Groff ●, Cathy Park Hong, Sheila Heti ●, Dorothy Roberts Michael Robbins Michael Robbins, Michael Robbins, Kristin Ross ●, Lauren Berlant, Andreas Malm ●, Anahid Nersessian, “ Lila, Mike Davis ●, Chelsey Minnis, Fred Moten ●, Mary Gaitskill Alma, Alma Katsu, Jonathan Strange, Norrell, Susanna Clarke ● “, Sarah Waters, Julie Otsuka ●, Audrey Niffenegger ●, Megan Abbott Megan Abbott, Edgar, Joyce Carol Oates, Kate Atkinson ●, Robert Kolker ●, Oyinkan Braithwaite ●, Daniel Woodrell ●, Joan Didion Joshua Ferris Joshua Ferris, Hemingway, Anne Enright, Patricia Lockwood ●, Paul Harding ●, Ann Napolitano Ann Napolitano, David Mitchell ●, Yaa Gyasi, Emily St, John Mandel ●, John Irving John Irving, OWEN MEANY, John Boyne, Paul Theroux, Abraham Verghese ●, James Salter ●, Nix, Nathan Hill, Edmund White ●, Peter Matthiessen ●, Michael Ondaatje ●, Jeanette Winterson Tiya Miles Tiya Miles, Frederick Douglass, David W, Blight, Andrew Sean Greer ●, Michael Pollan ●, Dara Horn ●, Stephen Greenblatt ●, Jami Attenberg Jami Attenberg, Ada Limón ●, Jonathan Franzen, Alison Bechdel, Sloane Crosley, Alexander Chee ●, Patti Smith ●, Morgan Parker ●, Sara Novic Stephen L, Carter Stephen L, Carter, Deirdre McCloskey ●, Mohsin Hamid ●, Virginia Postrel, Umberto, Geraldine Brooks ●, Richard Powers ●, Jane Brox ●, David Bentley Hart, Lesley Nneka Arimah, Sarah Schulman Sarah Schulman, Mattilda Bernstein, Natasha Trethewey ●, Adania Shibli, Ned Blackhawk ●, Stephanie E, Rogers, Martha S, Steven W, Raja Shehadeh ●, Hugh Ryan Elizabeth Hand Elizabeth Hand, Rene Denfeld ●, Henry Darger, John M, MacGregor ● “, Dan Chaon ● “ James Tiptree Jr, Julie Phillips ●, Kelly Link, Morgan Talty ●, Robert Macfarlane ●, William Gibson Dion Graham Dion Graham, Jonathan Eig’s, Colson Whitehead’s CROOK, Omar El Akkad, Wolf, Marlon James ● “, Winfred Rembert, Cixin Liu ● “, Dave Eggers ● “, George Floyd, Robert Samuels, Toluse, Jonathan Eig ●, Jonathan Eig ● “ Washington, Jeremy Denk Jeremy Denk, David Foster Wallace ●, Jeff, Geoff Dyer ●, Hanif Abdurraqib, Elif Batuman, Alex Ross ●, Kate Molleson Morgan Jerkins Morgan Jerkins, Zora Neale Hurston, Haruki Murakami ●, Masha Gessen ●, Safiya Sinclair ● “, Carmen Maria Machado ● “, Imani Perry, Jesmyn Ward Michael Roth Michael Roth, Amy Bloom, Saidiya Hartman, Valeria Luiselli ●, Jon Fosse, Daniel Kahneman ●, Ben Lerner ●, Jennifer Egan Organizations: New York, Argonauts, J.K, Railroad, Corrections, , A.M, Harvard University, OF, Metaphysical, Suns, Ministry, Indians, The New York Times, Hawthorn, Child, Roberto Bolaño ● “, New Yorker, NPR, University of Oklahoma, DU BOIS, PEN, , Yale Law School, THE, Umberto Eco, Beginners, MacArthur Foundation, Wesleyan University, Topeka School Locations: , Brooklyn, Norwegian, Ben Marcus ● “ The, Nantucket, OF MONTICELLO, Monticello, , BROOKLYN, Britain, Jones ● “ Lincoln, Feral, Bangkok, Susanna Clarke ● “ Lincoln, Burma, Texas, Jonathan Eig ● “, “ Austerlitz, Venice, Death, Varanasi, America, Lorraine
Last week, a US official told CNN that a framework agreement is “in place” and talks resumed Friday in Doha. Hatem Khaled/ReutersOn Thursday, a senior US administration told CNN that the framework for a deal is “now in place,” following a call between Biden and Netanyahu. Hamas has long demanded that Israel agree to a permanent ceasefire before signing any deal, which Israel has so far refused. Netanyahu also said there will be “no return of thousands of armed terrorists to the northern Gaza Strip,” the statement said. “If the Americans are still optimistic (after Netanyahu’s Sunday statement), then they are really living in La La land,” Baskin told CNN.
Persons: , ” Israel, Israel, ” Gershon Baskin, Baskin, Joe Biden, , who’ve, Khan Younis, Hatem Khaled, Biden, Netanyahu, , Donald Trump, Yair Lapid, ” Lapid, Benjamin Netanyahu's, Ilan Rosenberg, Reuters Baskin, ” Baskin Organizations: CNN, Hamas, Reuters, Sunday, Trump, Locations: Israel, Palestinian, Gaza, Doha, Cairo, , Egypt, Israeli, Rafah, Jerusalem, La La
"Big picture - pricing and margin trajectory reinforces [overweight] thesis, top pick in media & entertainment," wrote Morgan Stanley analyst Benjamin Swinburne, referring to the audio streaming giant. The firm's $370 price target suggests 17% upside from Friday's close, while a $450 bull scenario implies that shares can rally 42%. The analyst also highlighted Spotify's leading product position, solid user growth runway and underappreciated earnings power among the reasons for the bullish thesis. Wells Fargo analyst Steven Cahall reiterated his overweight rating on Spotify and his $400 price target, citing long-term margin potential spurred by price hikes and a "margin accretive dynamic" with labels. The price increases should add 9.3% to year-over-year average revenue per user and offer a 905 million euro lift to 2025 revenues.
Persons: Morgan Stanley, Benjamin Swinburne, Swinburne, Morgan Stanley isn't, Wells, Steven Cahall Organizations: Spotify Technology, Spotify Locations: 2H24, EBITDA
Airline rating company Skytrax has released its 2024 list of the world's best low-cost airlines. AirAsia was named the top low-cost airline in the world for the 15th year in a row. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAirAsia has been named the best low-cost airline in the world according to travelers surveyed by travel industry rating company Skytrax. Skytrax published its latest survey results in June as part of the 2024 World Airlines Awards, which named Qatar Airways the world's best airline.
Persons: Skytrax, Organizations: AirAsia, Service, Qatar Airways, Business Locations: Europe
But Mr. Netanyahu’s statement on Sunday night dampened those expectations, since it appeared to lessen the chances of a compromise with Hamas over the length and permanence of the cease-fire. Mr. Netanyahu’s grip on power relies on the support of two far-right parties opposed to any agreement that would leave Hamas in power in Gaza. “The efforts of the military in Gaza may help him get more from Hamas,” Mr. Shtrauchler said. Additionally, Mr. Netanyahu may be trying to stave off the collapse of his coalition until the end of July, when Parliament goes on recess. “He’s trying to create room for maneuver — and for that, he needs time,” Mr. Shtrauchler said.
Persons: Benjamin Netanyahu, Critics, , , ” Yair Lapid, Benjamin Netanyahu doesn’t, ” Ben Caspit, Mr, Netanyahu, Nadav Shtrauchler, ” Mr, Shtrauchler, “ He’s, Gabby Sobelman Organizations: News, Hamas, Analysts, Mr Locations: Israel, Gaza, Cairo, Qatar, Rafah, Rehovot
agents raided the New Jersey home of Senator Robert Menendez and his wife, they found envelope after envelope of cash, a federal prosecutor told a jury on Monday. Cash stuffed in bags, cash stuffed in the pockets of the senator’s jackets, cash stuffed in his boots. “It wasn’t enough for him to be one of the most powerful people in Washington,” Mr. Monteleoni told jurors. “It wasn’t enough for him to be entrusted by the public with the power to approve billions of dollars of U.S. military aid to foreign countries.”“No, Robert Menendez wanted all that power,” he added. “But he also wanted to use it to pile up riches for himself and his wife.”
Persons: F.B.I, Robert Menendez, Cash, Menendez, Paul M, Monteleoni, ” Mr, Organizations: Senate Foreign Relations Locations: New Jersey, Washington
Wall Street’s game theoryAs more leading Democrats say privately that President Biden should withdraw from the presidential race, some of the party’s most prominent backers on Wall Street spent the holiday weekend debating what to do next. If they favor calling for him to step back, they discussed what their next moves should be. Wall Street is taking a different approach than Hollywood. (Many are also reportedly irate at Jeffrey Katzenberg, Biden’s campaign co-chair.) And many donors want to maintain their influence within the Democratic Party.
Persons: Biden, Larry Fink, BlackRock, Robert Rubin, Jon Gray, Blackstone, Peter Orszag, Lazard, Blair Effron, Robert Wolf, Barack Obama —, DealBook, Reed Hastings, Barry Diller, Rob Reiner, Abigail Disney, Jeffrey Katzenberg Organizations: Wall, Treasury, Centerview Partners, UBS, Hollywood, Netflix, IAC, Democratic Party
Israelis on Sunday marked nine months since the devastating Hamas-led attack of Oct. 7 and the start of the ensuing war in Gaza with a nationwide day of anti-government protests at a time that many here view as a pivotal juncture in the conflict. Primarily calling for a cease-fire deal with Hamas that would see hostages return from captivity and for new elections in Israel, protesters brought morning traffic to a standstill at several major intersections in cities and on highways across the country. By lunchtime, much of central Tel Aviv was blocked in one of the biggest protests in months. Some progress has been made in recent days for a resumption of negotiations toward a tentative deal after weeks of an impasse, even as the fighting continues in Gaza, where an Israeli strike hit in the area of a U.N. school on Saturday, and across Israel’s northern border with Lebanon. But many Israelis, among them the families of some of the hostages, fear that the cease-fire efforts could be torpedoed not only by Hamas, but also by Prime Minister Benjamin Netanyahu of Israel who, they say, might prioritize the survival of his government over a deal that could topple it.
Persons: Benjamin Netanyahu, Israel Organizations: Hamas Locations: Gaza, Israel, Tel Aviv, Israel’s, Lebanon
For Warren Buffett, his being born in America is the biggest contributing factor to his unmatched success. He believes the same promise that the nation has brought in the past also rings true today and will benefit generations of investors to come. The reverse is not true," Buffett said in his 2022 annual letter. Buffett has said that's a fact that should scream to ordinary investors: "Never bet against America." "There has been no incubator for unleashing human potential like America," Buffett said.
Persons: Warren Buffett, Buffett, shirtmaker Berkshire Hathaway, LBJ, Benjamin Graham Organizations: United, Berkshire, Dow, America, Cuban Missile, shirtmaker Berkshire, BNSF Railway, Burlington Northern, Columbia University Locations: America, United States, Omaha, shirtmaker, Burlington Northern Santa Fe, Apple . Berkshire, Berkshire
Paramount Agrees to Merge With Skydance
  + stars: | 2024-07-07 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
Paramount’s board on Sunday signed off on a deal to merge with Skydance, according to two people familiar with the negotiations, ushering in a new era for CBS, Nickelodeon and the film studio behind the “Top Gun” and “Mission: Impossible” franchises. Ms. Redstone, Paramount’s board chair, is cashing in much of her ownership in the company she fought to preserve and control. David Ellison, the tech scion behind Skydance, will become the top power broker at Paramount. The Ellisons’ considerable resources was a major selling point for the Redstones, who were seeking to fortify Paramount for the long-term. Paramount has tried to replace its fading cable TV enterprise with streaming businesses like Paramount+, but those efforts are still nowhere near as profitable as traditional TV operations.
Persons: David Ellison, Ellison, Larry Ellison Organizations: Sunday, CBS, Nickelodeon, Paramount, Oracle, Netflix Locations: Hollywood
Last September, a prominent white-collar defense lawyer met with federal prosecutors in Manhattan in a last-ditch effort to stave off an indictment against his client. In the meeting, the lawyer, Abbe D. Lowell, used a PowerPoint presentation to convey explanations for certain financial payments that were under scrutiny by the government. It was a moment of great risk and potential peril for Mr. Menendez — and the effort failed. Less than two weeks later, prosecutors announced an indictment charging the senator and his wife, Nadine Menendez, with conspiring to accept thousands of dollars in bribes in exchange for political favors. The government has made it clear that Mr. Lowell, who represented Mr. Menendez only during the investigation and not afterward, engaged in no wrongdoing.
Persons: Robert Menendez, Abbe D, Lowell, Menendez —, Nadine Menendez, , Menendez Organizations: Robert Menendez of New, U.S, Southern, of Locations: Manhattan, Robert Menendez of, Robert Menendez of New Jersey, of New York
Hamas is waiting for a response from Israel on its ceasefire proposal, two officials from the Palestinian group said on Sunday, five days after it accepted a key part of a U.S. plan aimed at ending the nine-month-old war in Gaza. "We have left our response with the mediators and are waiting to hear the occupation's response," one of the two Hamas officials told Reuters, asking not to be identified. It aims to end the war and free around 120 Israeli hostages being held by Hamas. Another Palestinian official, with knowledge of the ceasefire deliberations, said Israel was in talks with the Qataris. "They have discussed with them Hamas' response and they promised to give them Israel's response within days," the official, who asked not to be identified, told Reuters on Sunday.
Persons: Israel, Benjamin Netanyahu, Joe Biden, Netanyahu, William Burns, Ehab Al Organizations: Hamas, Reuters, U.S, Palestinian, Sunday, U.S . Central Intelligence Agency, Civil Emergency Service, UNRWA Locations: Zawayda, Gaza, Israel, U.S, Qatar, Egypt, Christian
David Ellison’s Hollywood career has been defined by high-octane blockbusters filled with suspense, stunts and improbable plot twists. If the deal closes, he will be in charge of a sprawling media empire that includes CBS, MTV and the Paramount movie studio. Though Mr. Ellison, 41, joined the cast of Hollywood’s power players more than a decade ago, he hasn’t taken center stage until now. Who is David Ellison, and what is his company, Skydance? It wasn’t until he became a producer that his star in Hollywood began to rise.
Persons: David Ellison’s, Shari Redstone, Ellison, David Ellison, Organizations: David Ellison’s Hollywood, Paramount, CBS, MTV, Hollywood
Read previewSpeculation has been growing that North Korea could send troops to Ukraine. As of now, the prospect of North Korean soldiers being deployed to Ukraine is speculative and unlikely, experts told Business Insider. "Given what we know about nutrition in North Korea, even in the army, they might have issues," he told BI. But if it does, he added that North Korean soldiers may "simply" be helping rebuild a destroyed city like Mariupol. Bennett, from RAND, said he thinks it is "fairly likely" that North Korea will send troops to Ukraine, without elaborating further.
Persons: , Pat Ryder, Edward Howell, John Hardie, Evans Revere, Albright, Revere, George W, Bush, Bruce Bennett, Kim Jong Un, Bennett, Kim, Wallace Gregson, Benjamin Young, Young, Guns, Hardie, Howell Organizations: Service, South Korea's, Chosun, Korean, Business, Pentagon, Military Commission, Institute, North, Korea, Chatham, Programme, Foundation for Defense of Democracies, Korean People's Army, Group, East, RAND, US Marine Corps, Pacific Security Affairs, Chatham House, Virginia Commonwealth University, Great Locations: Korea, Ukraine, Russia, North Korea, South, Chatham House's Asia, Korean, East Asia, Pacific, South Korea, Koreans, Howell, Chatham, Europe, Mariupol
CNN —An Israeli attack has killed at least 16 Palestinians and injured 50 others at UNRWA’s Al-Jaouni school sheltering displaced people in al-Nuseirat camp in central Gaza, the Palestinian Ministry of Health said on Saturday. A displaced man at the school told CNN children were among the injured. “We barely found this place in the school, but even the school is not safe.”CNN video shows several injured children arriving at a nearby hospital following the attack. The Israeli military said in a statement on Saturday militants were operating in structures located in the school area. UNRWA Communication Director Juliette Touma told CNN UNRWA does not have all the information yet, adding that half of UNRWA’s facilities in Gaza have been hit since October 7.
Persons: , Juliette Touma, , Israel, Benjamin Netanyahu, Amir Levy, Menachem Begin, Netanyahu, Benny Gantz, Hamdi Alkhshali, Ibrahim Dahman Organizations: CNN, UNRWA’s, Palestinian Ministry of Health, Saturday, IDF, Israel Defense Forces, CNN UNRWA, Egyptian Foreign Ministry, ” Jordan’s Ministry of Foreign Affairs, Israeli, Tel Aviv’s Democracy, Tel, Protesters, Israel’s, Unity Locations: Israeli, al, Gaza, Tel Aviv, Tel Aviv’s
U.K. Labour Party win is 'relatively positive,' economist says
  + stars: | 2024-07-05 | 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 EmailU.K. Labour Party win is 'relatively positive,' economist saysBenjamin Nabarro, chief U.K. economist at Citi, says the results of the U.K. general election were expected and offer the country "an opportunity for genuine policy stability after a period of obvious volatility."
Persons: Benjamin Nabarro Organizations: Labour Party, Citi
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