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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon on 2024 election: Help Nikki Haley 'even if you're a very liberal Democrat'JPMorgan Chase CEO Jamie Dimon joins moderator Andrew Ross Sorkin at The New York Times DealBook Summit to discuss the 2024 presidential election, whether the business community should be speaking out on politics, why he's eager to help the U.S. president regardless of who's in the White House, and more.
Persons: Jamie Dimon, Nikki Haley, JPMorgan Chase, Andrew Ross Sorkin Organizations: Democrat, JPMorgan, The New York Times
Vice President Kamala Harris speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Vice President Kamala Harris refused to speak Wednesday about two hot-button issues — TikTok regulation and the promotion by Elon Musk of an antisemitic conspiracy — despite the fact that the White House has taken strong stances on both topics. The vice president likewise ducked questions about Musk, the mega-billionaire head of Tesla , SpaceX, and X, the social media site where he recently boosted the antisemitic claim. The vice president's tight-lipped evasion Wednesday starkly contrasted with how vocal the White House has been on both TikTok and the Musk controversy. At the time of the post, however, the White House blasted Musk for appearing to support antisemitism on social media.
Persons: Kamala Harris, Elon Musk, Andrew Ross Sorkin, Harris, Elon, Ross Sorkin, Joe Biden, Biden, TikTok, Musk, Andrew Bates, Tesla Organizations: New York Times, Elon, White, CNBC, The New York Times, SpaceX, House, Pentagon Locations: New York City, TikTok, Israel, China, U.S, Ukraine
The hype and hope driving artificial intelligence, the rise of antisemitism since Hamas’ Oct. 7 attack on Israel, inflation, dysfunction in Washington and the streaming wars — these topics and more will be addressed at the 2023 DealBook Summit. Over more than eight hours on Wednesday, Andrew Ross Sorkin will interview the biggest newsmakers in the worlds of business, politics and culture. The first interview will begin shortly after 9 a.m. Eastern. Interviews that will be carried on nytimes.com are noted. Here’s this year’s lineup:
Persons: Andrew Ross Sorkin Locations: Israel, Washington
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Photographer: Tolga Akmen/EPA/Bloomberg via Getty ImagesElon Musk said Wednesday that he won't vote for President Joe Biden in the 2024 election, even if former president Donald Trump is the Republican nominee. "I would not vote for Biden," Musk said during a wide-ranging interview with Andrew Ross Sorkin at the DealBook Summit in New York. When asked what he'd do if those were the two nominees, Musk said, "This is definitely a difficult choice here." When asked if he could support Nikki Haley among the Republicans, Musk said no and described the former South Carolina governor as a "pro-censorship candidate."
Persons: Elon Musk, Rishi Sunak, Sunak, Tolga, Joe Biden, Donald Trump, Biden, Musk, Andrew Ross Sorkin, I'm, Barack Obama's, hasn't, Ron DeSantis, Vivek Ramaswamy, Sorkin, Ramaswamy, Nikki Haley Organizations: Tesla Inc, Bloomberg, Getty, Republican, Trump, Democratic Party, Florida, Republicans, South Locations: London, New York, South Carolina
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon: I'm not afraid of China, it's good for an American bank to be thereJPMorgan Chase CEO Jamie Dimon joins moderator Andrew Ross Sorkin at The New York Times DealBook Summit to discuss the role of business in the geopolitical sphere, state of U.S.-China relations, doing business in China, and more.
Persons: Jamie Dimon, I'm, Andrew Ross Sorkin Organizations: JPMorgan Chase, The New York Times Locations: China, American, U.S
Vice President Kamala Harris, President Isaac Herzog of Israel, Elon Musk and other leaders in business and politics spoke on everything from artificial intelligence, economic tensions between the United States and China, and Hamas’s Oct. 7 attacks on Israel at the annual DealBook Summit in New York on Wednesday. She has been tasked with wooing advertisers back to the platform after many were spooked by Mr. Musk’s erratic posts. [For select interviews from today’s DealBook Summit, follow and listen to our limited podcast series.] Vice President Kamala Harris defended the Biden administration’s economic record, as polls show that the president trails Donald J. Trump in battleground states ahead of the 2024 election. Ms. Harris said President Biden has done more to tackle inflation “than most advanced economies” but more work was needed to convince voters.
Persons: Kamala Harris, Isaac Herzog of Israel, Elon Musk, Andrew Ross Sorkin, , Linda Yaccarino, Donald J, Trump, Harris, Biden Organizations: The New York Times, today’s DealBook, Biden Locations: United States, China, Israel, New York
The lineup for DealBook Summit 2023On Wednesday, DealBook will be live and in person at our annual summit in New York. The DealBook team and reporters from The Times will be reporting live from the conference. Even if you are not with us, you can follow along here beginning at 8:30 a.m. Eastern. Here are the speakers:Vice President Kamala HarrisElon Musk , the chairman and C.E.O. Is this a technology that will unleash a new wave of productivity, or is it a force that could do irreparable harm?
Persons: DealBook, Andrew, Kamala Harris Elon Musk, Tesla, X Tsai Ing, Taiwan Lina Khan, Jamie Dimon, JPMorgan Chase Bob Iger, Kevin McCarthy, California Jensen Huang, Nvidia David Zaslav, Jay Monahan Organizations: DealBook, The, SpaceX, Federal Trade, JPMorgan, Disney, Republican, Nvidia, Warner Bros, White House Locations: New York, Taiwan, California, Israel, China, U.S, Beijing, Washington
JPMorgan CEO Jamie Dimon shared his thoughts on Elon Musk. Dimon said the Tesla CEO is "brilliant" and has "pluses and minuses." Dimon was speaking at the New York Times DealBook conference. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAt the New York Times DealBook conference Wednesday, host Andrew Ross Sorkin asked JPMorgan chief Jamie Dimon about Elon Musk.
Persons: Jamie Dimon, Elon Musk, Dimon, Tesla, , Andrew Ross Sorkin, Elon, Sorkin, pluses Organizations: New York Times, Service, Elon, JPMorgan
This year’s DealBook Summit will include conversations with global leaders and powerful figures from Wall Street, Silicon Valley and Hollywood. Jamie Dimon has been the chief executive of JPMorgan Chase since 2006 and its chairman since 2007, making him one of Wall Street’s longest-serving banking leaders. Bob Iger returned as Disney’s chief executive last year, after stepping down from the role in 2020. David Zaslav orchestrated Discovery’s takeover of WarnerMedia and became the chief executive of the new company, Warner Bros. The transaction helped transform his modest cable television company into an empire that includes the Warner Bros. movie and TV studios, HBO and CNN.
Persons: Andrew Ross Sorkin, Kamala Harris, Ms, Harris, Biden’s, Tsai Ing, Tsai, Elon Musk, Musk, Jamie Dimon, Jensen Huang, chipmaker, Bob Iger, Long, Iger, Lina Khan, Khan, , David Zaslav, Jay Monahan, LIV Golf, Monahan, Kevin McCarthy, Mr, McCarthy, Shonda Rhimes, Rhimes Organizations: Wall, Israel, Elon, SpaceX, JPMorgan Chase, First, Nvidia, Fox, Marvel, Pixar, Hollywood, ESPN, Federal Trade Commission, Columbia Law, WarnerMedia, Warner Bros, HBO, CNN, Republican, Republican Party, Shondaland, Netflix Locations: Silicon Valley, Hollywood, United States, California, San Francisco, Gaza, Taiwan, China, First Republic, Saudi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk: OpenAI is lying when it says it is not using copyrighted dataElon Musk sits down with Andrew Ross Sorkin at the 'New York TImes' DealBook Summit' on a wide-ranging interview including anti-semitism, an advertiser boycott, Tesla, AI and more.
Persons: Elon, Elon Musk, Andrew Ross Sorkin Organizations: Elon
“Quality needs attention to deliver quality, it doesn’t happen by accident,” Iger said. Iger, speaking in a wide-ranging interview with Andrew Ross Sorkin at The New York Times’ annual DealBook summit, acknowledged that Disney had “diluted” the caliber of films produced by Marvel. The company, he added, had “made too many” film sequels that had not been well received by audiences or critics. Francis deSouza, the former CEO of Illumina — a biotech company — said he would not seek re-election to the board. In a statement, Mark Parker, the chairman of Disney’s board, praised Gorman’s succession planning abilities at Morgan Stanley.
Persons: CNN —, Bob Iger, ” Iger, ” “, Andrew Ross Sorkin, , we’ve, , Iger, Bob Chapek, you’ve, Morgan Stanley, James Gorman, Sky Jeremy Darroch, Francis deSouza, Illumina, , Mark Parker, Ted Pick, Gorman, James, Morgan Stanley’s, ” Parker, Samantha Delouya Organizations: CNN, CNN — Disney, Marvel Studios, Marvel, The New York Times, Disney, Sky,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk on X subscriptions: 'Free speech isn't exactly free it costs a little bit'Elon Musk sits down with Andrew Ross Sorkin at the 'New York TImes' DealBook Summit' on a wide-ranging interview including anti-semitism, an advertiser boycott, Tesla, AI and more.
Persons: Elon, Elon Musk, Andrew Ross Sorkin
JPMorgan CEO Jamie Dimon on Wednesday defended the company's work with TikTok. Dimon was speaking at the New York Times DealBook conference. He said JPMorgan wouldn't work with clients "doing things that we think are truly bad." AdvertisementAt the New York Times DealBook conference on Wednesday, host Andrew Ross Sorkin asked JPMorgan CEO Jamie Dimon why the company works with TikTok owner ByteDance, a company that some people believe is effectively an arm of the Chinese government and therefore a national security risk. "If some of those people are doing things that we think are truly bad, we would not bank them," he added.
Persons: Jamie Dimon, Dimon, , Andrew Ross Sorkin, ByteDance, Nope Organizations: New York Times, JPMorgan wouldn't, Service Locations: China, American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk on politics: I would not vote for a pro-censorship candidateElon Musk sits down with Andrew Ross Sorkin at the 'New York TImes' DealBook Summit' on a wide-ranging interview including anti-semitism, an advertiser boycott, Tesla, AI and more.
Persons: Elon, Elon Musk, Andrew Ross Sorkin
Charles T. Munger, who quit a well-established law career to be Warren E. Buffett’s partner and maxim-spouting alter-ego as they transformed a foundering New England textile company into the spectacularly successful investment firm Berkshire Hathaway, died on Tuesday in Santa Barbara, Calif. His death, at a hospital, was announced by Berkshire Hathaway. Mr. Buffett has described him as the originator of Berkshire Hathaway’s investing approach. “The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,” Mr. Buffett once wrote in an annual report. That investing strategy was a revelation for Mr. Buffett, who had made his name in the 1950s buying troubled companies at deep discounts.
Persons: Charles T, Munger, Warren, Berkshire Hathaway, Mr, Buffett, — Forbes, Organizations: Berkshire Locations: England, Santa Barbara, Calif, Los Angeles, Berkshire
Shein’s Big I.P.O. Test
  + stars: | 2023-11-28 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
Shein aims to win over Wall Street and WashingtonIn filing confidentially for an initial public offering, Shein, the ultrafast-fashion retailer, is showing ambition on two fronts. The company and its underwriters are betting that investors will be more receptive to I.P.O.s, even though high-profile market debuts this fall largely fizzled out. Shein is also testing whether it can endure what’s likely to be an increase in political heat on the China-founded e-commerce giant. The company has also set up operations in Ireland and Indiana and hired an array of lobbyists in the U.S. “No one should be fooled by Shein’s efforts to cover its tracks,” Senator Marco Rubio, Republican of Florida, wrote in a letter to other lawmakers.
Persons: Marco Rubio Organizations: Wall, Washington, underwriters, Republican Locations: China, Washington, Singapore, Nanjing, Ireland, Indiana, U.S, Florida
NEW YORK (AP) — Americans for Prosperity, the political arm of the powerful Koch network, formally endorsed Nikki Haley's presidential campaign on Tuesday, promising to commit its nationwide army of activists — and virtually unlimited funds — to helping Haley defeat former President Donald Trump in the GOP primary contest. In a statement, DeSantis spokesman Andrew Romeo likened the Koch endorsement to a contribution to the Trump campaign. “Every dollar spent on Nikki Haley’s candidacy should be reported as an in-kind to the Trump campaign. While she has seized some momentum in the polls, he campaign lacked the same level of infrastructure on the ground in key primary states as DeSantis and Trump. “I’m honored to have the support of Americans for Prosperity Action, including its millions of grassroots members all across the country,” Nikki Haley said in a statement.
Persons: Koch, Nikki Haley's, , Haley, Donald Trump, Nikki Haley, Joe Biden, Emily Seidel, Seidel, Ron DeSantis, DeSantis, Andrew Romeo, Trump, ” Romeo, Nikki Haley’s, “ I’m, ” Nikki Haley, , Meg Kinnard Organizations: Prosperity, GOP, America, Republican, AFP, Florida Gov, Trump Locations: AFP, Florida, Columbia , South Carolina
The DeSantis campaign is not happy that Americans for Prosperity Action is backing Haley's 2024 bid. "Every dollar spent on Nikki Haley's candidacy should be reported as an in-kind to the Trump campaign," he continued. Haley on Tuesday said she was "honored" to have earned the endorsement from Americans for Prosperity Action. The DeSantis campaign has argued that Haley has no path to the GOP nomination, but no other candidate — including DeSantis — has been able to overtake Trump in polling in any of the early-nominating states. The support from Americans for Prosperity Action will now give Haley critical financial and organizational help in the lead-up to Iowa and New Hampshire.
Persons: Haley, Biden, DeSantis, Andrew Romeo, X, , Ron DeSantis, Koch, Nikki Haley's, Donald Trump's, Donald Trump, Romeo, Trump, Bryan Griffin, Christina Pushaw, DeSantis — Organizations: Prosperity, GOP, Service, South, Trump, The New York Times, Hawkeye State Locations: South Carolina, Florida, New Hampshire, Iowa
CNN —The influential network associated with billionaire Charles Koch will throw its money and influence behind former South Carolina Gov. Nikki Haley in the Republican presidential primary, the group announced Tuesday. It’s clear that candidate is Nikki Haley,” Siedel said Tuesday. Nikki Haley represents a new generation of leadership and offers a bold, positive vision for our future. “Every dollar spent on Nikki Haley’s candidacy should be reported as an in-kind to the Trump campaign,” DeSantis spokesperson Andrew Romeo said in a statement.
Persons: Charles Koch, Nikki Haley, South Carolina Sen, Tim Scott, , Donald Trump, Emily Seidel, , , ” Siedel, Haley, Seidel, ” Haley, Ron DeSantis, ” Seidel, Koch, Nikki Haley’s, Trump, Andrew Romeo Organizations: CNN, South Carolina Gov, Republican, Prosperity, South, United Nations, South Carolina, AFP, Republican National Committee, “ AFP, Florida Gov, Trump, Republicans, GOP, , White, Koch Locations: Iowa, South Carolina, South, United States
CNN —Tiger Woods says he’s only prepared to walk away from playing golf when he no longer believes he can be competitive as he insisted that’s currently not the case. “I love competing, I love playing,” Woods told reporters ahead of his highly-anticipated return to competitive golf. While confirming the operation to fuse his ankle earlier this year was successful, Woods said that his recovery took its toll. “Unfortunately I’ve had experience, I’ve gone through it before and I’m here on the good side now.”Woods has not played competitive golf since April, 2023. The move gave the players a one-seat advantage after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf.
Persons: Tiger Woods, he’s, that’s, , ” Woods, Woods, , I’ve, Andrew Redington, Justin Thomas, haven’t, LIV Golf, Patrick Smith, Jay Monahan, Monahan, ” Monahan Organizations: CNN, Augusta National, Foundation, PGA Tour, PGA Policy, PGA, Locations: Albany, The Bahamas, Saudi
on trialThe Supreme Court will hear a landmark case this week that could determine the future of the S.E.C.’s in-house enforcement arm and have serious consequences for how other regulators operate. Jarkesy was found guilty in an administrative proceeding overseen by an administrative law judge. But he won a later challenge to that process in federal court, saying that the Seventh Amendment guaranteed the right to a jury trial. Most justices have shown an inclination to limit agency power and this is just one of several cases challenging the power of federal regulators. The Supreme Court is also mulling the future of the Consumer Financial Protection Bureau and whether to overrule a principle that requires judges to defer to agencies’ interpretations of administrative rules.
Persons: Napoleon, , George Jarkesy, Jarkesy Organizations: Disney, Consumer Financial Protection Bureau
Climate change has been described as a ticking time bomb, the threats of which extend beyond ecosystems and biodiversity to big financial impacts on households and the U.S. economy. Here's what to know, according to Rumbach and David Pogue, host of the podcast "Unsung Science" and author of "How to Prepare for Climate Change: A Practical Guide to Surviving the Chaos." Both experts were interviewed by CNBC during a recent discussion about climate change and its impact on personal finance. "Over time, each incremental increase in climate change is going to up the economic cost bit by bit," Rumbach said. But there are also steps they can take to prepare for the worsening effects of climate change.
Persons: Andrew Merry, Andrew Rumbach, David Pogue, Tim Wright, Rumbach, Pogue, There's, Justin Paget, Digitalvision Organizations: CNBC's, Finance, White, Urban Institute, CNBC, Bloomberg Creative, Bloomberg, Census, Getty, Starbucks, Urban Locations: U.S, Florida, Louisiana, New Orleans
That law, supported by Biden and congressional Democrats, created tax credits to boost domestic EV manufacturing. "The point is that they're manufacturing jobs, whether they be baskets or batteries." A Trump spokesperson pointed Reuters to a recent policy announcement in which the former president said EV manufacturing would harm workers. Biden's campaign pointed Reuters to a statement from Kevin Munoz, a campaign spokesman, who said Trump's plan would mean more Chinese EV manufacturing jobs and fewer American jobs. Still, Ciscomani, who did not respond to comment requests, has generally welcomed individual EV projects, and toured a local EV plant in August.
Persons: Rebecca Cook, Donald Trump, Ron DeSantis, Joe Biden, Biden, Trump, Mike Morey, SKDK, Andrew Reagan, Kirsten Engel, EVs, Jesse Williams, Joe, Anna Kelly, DeSantis, Kevin Munoz, Munoz, Brian Kemp, Wendy Davis, Engel, Juan Ciscomani, Ciscomani, Gram Slattery, Nichola Groom, Jarrett Renshaw, Alistair Bell Organizations: General Motors, Bolt, Orion Assembly, REUTERS, Rights, Florida, Democratic, Republican, EV, Power, Reuters, Democrats, Energy, America, Environmental Defense Fund, Biden, RMI, Republican Party, Trump, United Auto Workers, UAW, Republican National Committee, United States, Climate Power, League of Conservation Voters, Thomson Locations: Lake Orion , Michigan, U.S, Georgia , Arizona , Nevada, Michigan, Wisconsin , Pennsylvania, North Carolina, Michigan , Georgia, Arizona, America, North America, Decatur County , Georgia, China, South, United, Georgia, Rome , Georgia, Washington, Los Angeles
Leslye Davis and“DealBook Summit” includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. As the annual DealBook Summit approaches, the DealBook founder and Business reporter Andrew Ross Sorkin looks back at the highlights from last year’s summit, including his interview with the former FTX chief executive Sam Bankman-Fried. The collapse of FTX cascaded in November 2022, culminating in a Chapter 11 bankruptcy filing. Bankman-Fried’s lawyers had advised him not to speak to the press, but he called in to the DealBook Summit from the Bahamas anyway, and delivered his first interview since news of the scandal broke almost a month earlier.
Persons: Leslye Davis, Andrew Ross Sorkin, Sam Bankman, cascaded Locations: New York City, Bahamas
A mysterious new OpenAI model known as Q* has got the tech world talking. AI experts say the model could be a big step forward but is unlikely to end the world anytime soon. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAs the dust settles on the chaos at OpenAI, we still don't know why CEO Sam Altman was fired — but reports have suggested it could be linked to a mysterious AI model. Dr Andrew Rogoyski, a director at the Surrey Institute for People-Centered AI, told BI that solving unseen problems was a key step towards creating AGI.
Persons: , Sam Altman, OpenAI, Ilya Sutskever, Charles Higgins, Sophia Kalanovska, Kalanovska, we've, Andrew Rogoyski, Gary Marcus, Marcus Organizations: Service, Reuters, Surrey Institute for People, AIs, Business Locations: OpenAI
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