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Read previewA trio of top Wall Street bosses is facing investor agitation this spring over their jobs. The attempts to add more independent oversight to the firms' boards of directors is a public rebuke to those CEOs. Last week, top proxy firms Glass Lewis and Institutional Shareholder Services recommended Goldman and BofA separate their CEO-chair jobs. AdvertisementA cyclical history of splitting CEO and chairman rolesThese proposals cycle in and out of fashion, and Wall Street has seen plenty of similar ballot questions, from shareholders large and small. Large companies — like the trio of Wall Street firms now — were targeted much more often for shareholder proposals to split the jobs than the small companies.
Persons: , Goldman Sachs, David Solomon, Larry Fink, Brian Moynihan, Glass Lewis, Goldman, BofA, Moynihan Organizations: Service, Goldman, BlackRock, Bank of America, Business, Institutional, Exxon, Stanford Graduate School of Business, Stanford, Wall Street
With a parade of callbacks and a twist a quarter-century in the making, “Curb Your Enthusiasm,” the HBO series starring Larry David as a heightened version of himself, ended its 20-plus-year run on Sunday. The final episode, which referenced the polarizing 1998 finale of “Seinfeld,” David’s previous show, was replete with the usual out-of-bounds commentary and cranky fixation on minutiae; David and his co-stars — Jeff Garlin, Susie Essman, J.B. Smoove, Richard Lewis — do not, by creative mandate, change. (“I’m 76 years old, and I have never learned a lesson in my entire life,” David tells a child in the episode, in the opposite of a teachable moment.) In real life, though, the cast are longtime friends, and have weathered much together, including the death of Lewis, who played himself, in February. These are edited excerpts from the conversation.
Persons: , Larry David, “ Seinfeld, , David, — Jeff Garlin, Susie Essman, Smoove, Richard Lewis —, ” David, Lewis, Jeff Schaffer, Essman —, Susie Greene, , Essman, Schaffer, askew, Latte Larry’s Organizations: HBO Locations: New York, Los Angeles
It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.
Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge
The Barkley Marathons consists of five loops, 20 miles each, along unmarked trails in rural Tennessee, with about 67,000 feet of elevation. David Allan/CNN If accepted into the race, runners get a "letter of condolence." David Allan/CNN Barkley runners jump into a creek and wade through a tunnel that goes under Brushy Mountain State Penitentiary. Instead, it was weeks of training that laid the foundation for Paris’ Barkley success. We know that travel is a huge component of the carbon footprint of running and racing.”Regardless of whether she returns, the Barkley Marathons is an event that Paris will always hold dear.
Persons: CNN — Jasmin Paris, , Gary Cantrell, “ I’ve, “ I’m, I’ve, Jacob Zocherman Paris, Barkley, , It’s, , ultrarunners, Cantrell, Cantrell –, David Allan, They're, Laz, CNN Barkley, James Earl Ray, Martin Luther King Jr, Harvey Lewis, Paris ’ Barkley, “ It’s, ” – Organizations: CNN, Barkley, , CNN Sport, Walmart, BBC, Everest, Paris, Scotland – Locations: ” Paris, British, Everest, Paris, Tennessee, Brushy Mountain, Scotland, Austria,
Is it last orders for London’s nightlife?
  + stars: | 2024-04-06 | by ( Anna Cooban | ) edition.cnn.com   time to read: +9 min
London CNN —It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. “People haven’t got the money,” she told CNN. “That’s when their bills started coming through, the first heating bills from the winter,” he told CNN. Even before the ravages of the pandemic, the number of London’s nightlife venues was in steady decline. They don’t just go out for the sake of going out now,” she told CNN.
Persons: London CNN —, Lesley Lewis, haven’t, , Michael Kill, Grazyna, ” Kill, , , that’s, Kill’s, Jeremy Joseph, Freddie Mercury, ” Joseph, Jack Henry, Henry, Lutz Leichsenring, Fabian Sommer, Leichsenring, London’s, Sadiq Khan, Amy Lamé, Lamé, Khan, Lamé “, Charlie Fenemer, It’s, Becky Lam, Lam, ” Chris Lau Organizations: London CNN, Staff, CNN, Time Industries Association, York Minister, London, , , German Commission, UNESCO, United Nations, Office, National Statistics, City Hall, Labour, Shady Locations: London’s Soho, London, Wales, Soho , London, Hoxton, London’s, Berlin, “ Berlin, Hong Kong, Soho, Hong, Beijing
An "effective altruism" charity backed by Sam Bankman-Fried is set to close. The jailed former crypto billionaire was a major proponent of effective altruism. AdvertisementA UK-based "effective altruism" charity funded by the disgraced former cryptocurrency billionaire Sam Bankman-Fried is set to close. Effective Ventures Foundation UK, originally incorporated in 2012, reported income of more than £140 million in 2022, which is around $177 million as of April 2024. The UK Charity Commission also opened an inquiry into Effective Ventures UK in December 2022 in order to assess any potential risks to the charity's assets.
Persons: Sam Bankman, , Luke Kemp, Michael Lewis, Fried Organizations: Service, Ventures Foundation, University of Oxford, University of Cambridge's, Harvard Law School, Alameda Research, Financial Times, UK, Commission, Ventures UK Locations: Oxford, Silicon Valley, FTX
Here are some of the best jokes and memes to come out of the estimated 4.8-magnitude quake. 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 . East Coast residents were shaken up on Friday morning by an earthquake with an estimated magnitude of 4.8. The next earthquake might not happen for another 10 years, but it's best to be prepared with more than just your smartphone.
Persons: , New York ”, dGKBvjpTPq — philip lewis, Erewhon, Hailey Bieber smoothie, — Walter Hickey, l Organizations: New York, Service, East, Empire, York Metro, Apple, San, NYC, Earthquake, ust Locations: New, New York City, East Coast, West, New York, New Jersey, , York, of, Los Angeles, Yorkers, @WaltHickey
Steve Eisman of "The Big Short" fame has been bullish on infrastructure stocks after studying the industry for the past two years, and here are the companies he likes the most. Eisman, senior portfolio manager at Neuberger Berman, said he has narrowed the universe of investable stocks to 80 stocks. The stocks Eisman passed up included residential solar companies, which already had a great run during the Covid-19 pandemic as major beneficiaries of zero interest rates. Instead, Eisman likes solar panel companies that sell to utilities, which he said are doing well from a fundamental perspective. CRH 1Y mountain CRH PLC Eisman shot to fame by betting against subprime mortgage loans before the 2008 financial crisis, as chronicled in Michael Lewis' "The Big Short" and the subsequent Oscar-winning movie based on the book.
Persons: Steve Eisman, Neuberger Berman, Bloomberg's, Eisman, Michael Lewis Organizations: Eaton Corporation, CRH Locations: Eaton, Ireland, U.S
In today's big story, we're looking at a Wall Street billionaire's prediction that the four-day workweek is coming . Billionaire hedge fund manager and New York Mets owner Steve Cohen said a four-day workweek is inevitable , Business Insider's Matthew Fox writes. Cohen put his money where his mouth is regarding the four-day workweek. As the newest four-day workweek fan club member, Cohen must be interested in implementing it at his hedge fund, Point72. Maybe the four-day workweek represents the olive branch companies can extend to get people back to their desks.
Persons: , Jack, Dave Kotinsky, Rebecca Zisser, Steve Cohen, Matthew Fox, I'd, Cohen, Tech.co, Yuki Iwamura, Jerome Powell, Powell, Tesla, Brooks Kraft, OpenAI's, Logan Kilpatrick, Kilpatrick, Carl Godfrey, Bob Iger, Nelson Peltz, Iger, he's, he'll, Goldman Sachs, David Solomon, Joe Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, United Airlines, Boeing, Business, Lincoln Center, Billionaire, New York Mets, CNBC, Mets, Technologies, Workers, Federal, JPMorgan, Brooks, Brooks Kraft LLC, Getty, Services, Google, Bloomberg, BI, Reuters Locations: York, New York, London
Rising temperatures are also allowing plants to bloom earlier and longer, prolonging pollen seasons. Increased rainfall means plants release more pollen when they bloom, and higher numbers of thunderstorms cause pollen grains to burst, making them more irritating and worsening symptoms. Shifting wind patterns in some parts of the world are carrying pollen over longer distances, too. Experts think more exposure to pollen equals more chances to be sensitized, which equals more allergies. So someone in Illinois, for example, might be seeing bigger changes in pollen than somebody in Texas – although Texas gets blasted with pollen, too.
Persons: you’re, , Mary Margaret Johnson, Lewis Ziska, Joseph Inglefield III, he’s, , There’s, Ziska, Inglefield, Leonard Bielory, Dr, Sanjay Gupta, inhaler, that’s, ” Inglefield Organizations: CNN, Harvard, of Public Health, Mailman School of Public Health, Columbia University, Hickory Allergy, Asthma, Hackensack Meridian School of Medicine, CNN Health Locations: Chan, South Korea, Hickory , North Carolina, Illinois, Texas –, Texas, New Jersey
British billionaire and former owner of the Tottenham Hotspur Football Club Joe Lewis arrives at federal court for his sentencing in an insider trading case on April 4, 2024, in New York City. U.S. District Judge Jessica Clarke in Manhattan sentenced Lewis, who pleaded guilty in January to one count of conspiracy and two counts of securities fraud. Lewis in January entered a plea deal with prosecutors agreeing to a $50 million fine of his Bahamas company, Broad Bay. Under the agreement, Lewis' fine will be included in the total. Lewis has since remained in the country, posting $300 million bail secured by his yacht and a private aircraft.
Persons: Tottenham Hotspur Football Club Joe Lewis, Lewis, Joe Lewis, Jessica Clarke, Mr, Mark Herr, Prosecutors, Boxer Capital, Patrick O'Connor, Bryan Waugh Organizations: Tottenham Hotspur Football Club, US, Office, Southern, of New York, Tavistock Group, Aviva, London's Tottenham Hotspur, Boxer, Forbes, Prosecutors, Mirati Therapeutics, Boxer Capital, Tango Therapeutics Locations: New York City, U.S, Manhattan, London's, Bahamas, Broad Bay, London, New York
"I've made a terrible mistake," Gerald Shvartsman, 46, told Judge Lewis Liman in Manhattan federal court as he pleaded guilty, according to the Associated Press. Michael Shvartsman, 53, and Gerald Shvartsman, who owns a furniture manufacturing company, are scheduled to be sentenced on July 17. Sentencing guidelines recommend that Gerald Shvartsman, who netted about $4.6 million in illegal trading profits, receive a prison term of between 33 and 41 months. Alan Futerfas, a lawyer for Michael Shvartsman, declined to comment on the guilty plea. A lawyer for Gerald Shvartsman did not immediately respond to a request for comment.
Persons: Donald Trump's, Michael Shvartsman, Gerald Shvartsman, DWAC, I've, Judge Lewis Liman, Bruce Garelick, Michael Shvartsman's, Liman, Damian Williams, Alan Futerfas Organizations: Trump Media & Technology Group, Trump Media, Associated Press, Rocket, Manhattan U.S Locations: Florida, New York, Manhattan, Michael Shvartsman's Miami
Two brothers from Miami pleaded guilty on Wednesday in federal court in Manhattan for their role in a nearly $23 million insider-trading scheme surrounding the 2021 announcement that former President Donald J. Trump’s social media company planned to merge with a cash-rich shell company. Michael and Gerald Shvartsman, who had pleaded not guilty to securities fraud charges last summer, were set to go on trial later this month. But the brothers decided this week to forgo a trial, instead entering their guilty pleas before Judge Lewis J. Liman of U.S. District Court for the Southern District of New York. Each man pleaded guilty to one count of securities fraud. Michael Shvartsman, who ran a venture investment firm called Rocket One, used some of the proceeds from the scheme to buy a $14 million luxury yacht that he named Provocateur.
Persons: Donald J, Michael, Gerald Shvartsman, Judge Lewis J, Liman, Michael Shvartsman Organizations: Southern, of, Trump Media & Technology Group, Acquisition Corporation Locations: Miami, Manhattan, U.S, of New York
Formula 1 superstar Lewis Hamilton is determined to be prepared for life after the cockpit. In an interview with GQ Magazine published this week, the 39-year-old said he has spoken to athletes ranging from Serena Williams to Michael Jordan about how they approached the ends of their careers. 'My whole world came crashing down because my whole life has been about that sport,'" he told the magazine. Hamilton said he's learned that preparation, or the lack thereof, is a major factor in how an athlete's retirement goes. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Lewis Hamilton, Serena Williams, Michael Jordan, Hamilton, he's, Brad Pitt, Joseph Kosinski, you'll Organizations: GQ, CNBC, Ferrari
Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments
Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York
Read previewA Black-owned skincare brand said influencers who traveled to France on a brand trip it organized experienced "racism and Islamophobia." Topicals said Monday that the incident occurred during a recent brand trip to the French Alps attended by "Black and Brown creators from the UK and US." AdvertisementThis past weekend, we hosted our third brand trip in Megève, France with a group of Black and Brown creators from the UK and US. At least one influencer on the trip shared their experience online, identifying the establishment. Muslim women dress modestly for many reasons, but a central one is to respect and deepen their relationship with God, according to the Australian Broadcasting Corporation.
Persons: , influencers, Topicals, Black, Brown, Rose Hollela, Nella Rose, Rose, Kanaan Pitan, Shaq Muhammad, Aiyana Lewis, Jéssica Pimentel, Modest swimsuits, God, Ange, Pierre Vivoni —, Corsica — Organizations: Service, Business, Spa, Australian Broadcasting Corporation, Reuters, Miss, Miss Universe Locations: France, Megève, Corsica, Miss Pakistan
New York CNN —It took Donald Trump less than 24 hours to test the boundaries of Judge Juan Merchan’s gag order in his New York criminal trial. Inside the courtroom, Trump has been admonished and threatened with removal for being disruptive. Outside the courtroom, Trump has repeatedly railed against the charges he faces in front of cameras and attacked all of those involved on social media. Engoron issued a gag order on commentary about court staff that covered his clerk, fining Trump twice for breaking it. In the federal classified documents case, Trump has appeared several times before Judge Aileen Cannon, whom he appointed.
Persons: Donald Trump, Juan Merchan’s, Merchan, Trump, , , Karen Friedman Agnifilo, He’s, , they’re, Reggie Walton, CNN’s Kaitlan Collins, Judge Arthur Engoron, Letitia James, Engoron, fining Trump, slogged, he’d, Judge Lewis Kaplan, Jean Carroll, Kaplan, Elie Honig, ” Trump, Stormy Daniels, Daniels, Allen Weisselberg, Agnifilo, ” Agnifilo, ” ‘, Tanya Chutkan, ” Chutkan, he’s, Trump’s “, ” Merchan, Honig, CNN Trump, Aileen Cannon, Scott McAfee, Carroll, ” Kaplan, defaming Carroll, CNN’s Lauren Del Valle, Katelyn Polantz, Zachary Cohen Organizations: New, New York CNN, Trump –, CNN, Trump, Trump Organization, Georgia Locations: New York, Manhattan, Fulton County
It is most famous for its tiger population, but eight other species of wild cats also roam, such as the clouded leopard, the bay cat, and the flat-headed cat. Sebastian Kennerknecht/PantheraThese wild cats are notoriously elusive and, besides the tiger, understudied. Despite this, almost all Malaysia’s cat species are classified as endangered, vulnerable or near threatened, due to habitat loss, poaching and climate change. Roshan Guharajan, project coordinator for Panthera Malaysia, focuses on the Malaysian region of the island of Borneo, which is home to five species of wild cat. By monitoring the different species, Panthera is hoping to gather information on population sizes, range estimates and the threats that they face.
Persons: Sebastian Kennerknecht, Roshan Guharajan, , Guharajan Organizations: CNN, Malayan, IUCN, Malaysia, Global Forest Watch Locations: Sabah, Borneo, Malaysian, Malaysian Borneo, Malaysia, Asia
A Florida venture capitalist and his brother moved Monday toward potential guilty pleas in an insider trading case connected to the merger that took Donald Trump's social media company public last week. A new court filing Monday revealed that a change of plea hearing for the brothers will be held Wednesday afternoon in U.S. District Court in Manhattan. Trump Media and Technology Group mentioned the case in a securities filing on Monday. As of late Monday, there was no change of plea hearing for him scheduled on the docket. They are accused of buying up DWAC stock based on nonpublic information that the shell company was considering a possible merger with Trump's social media company, Trump Media and Technology Group, which owns the Truth Social app.
Persons: Michael Shvartsman, Donald Trump's, Gerald Shvartsman, Alan Futerfas, Michael Shvartsman's, Futerfas, Donald Trump, Shvartsman, Gerald Shvartman, Roland Riopelle, Bruce Garelick, Garelick, Judge Lewis Liman, Gerald, DWAC Organizations: Manhattan Federal Court, Trump Media, Trump Organization, CNBC, Technology Group, TMTG, DOJ, Department of Justice, U.S, Attorney's, Trump Media's, Nasdaq, Corp, Rocket, Shvartsman Locations: Manhattan, New York City, U.S, Florida, New York, South Florida, Miami, DWAC
What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!
Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, , Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife
What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!
Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, , Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife
New US Marine formations are learning to battle adversaries like China on remote islands. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS Marines are learning how to battle adversaries like China on remote islands in response to rising tensions in the Pacific, a report says. Pentagon experts expect that US satellites will be jammed or destroyed by China in the event of a potential war, the Post noted. In 2021, The Washington-based think tank, the Center for Strategic and International Studies, conducted war games to imagine how a war between China and the US over Taiwan would play out.
Persons: , John Aquilino, We've, Col, John Lehane, Lehane, Lewis B, Puller, Sarah Stegall, Mark Cancian Organizations: The Washington Post, Service, US Navy, US Armed Services House, China US, 3rd Marine Littoral Regiment, 3rd, Littoral, Pentagon, Marine, 15th Marine Expeditionary Unit, Marine Corps, US Marine Corps, Marines, Center for Strategic, International Studies, US Air Force Locations: China, Pacific, Beijing, Taiwan, Japan, Philippines, Inner Mongolia, Sarah Stegall China, South, The Washington, United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at results from our business, tech, and innovation bracket and voting on the semifinal matchups . In case you missed it, we created a bracket with eight of the biggest topics in business, tech, and innovation . But social media has been around so long, it's truly embedded in our DNA. Former employees are suing the social media agency that manages OnlyFans accounts for top influencers like Tana Mongeau and Abby Rao.
Persons: , it's, Chelsea Jia Feng, Let's, BlackRock's Larry Fink, Joe Biden, Donald Trump, We've, Ray Dalio, Xi Jinping, LEI, Julio Cortez, Marissa Mayer's, Sam Bankman, Fried, Lewis Kaplan, Tana Mongeau, Abby Rao, Cowboy Carter, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Service, Business, Boomers, Getty, Bridgewater Associates, Walmart, BI, Amazon, ChatGPT, Yahoo, didn't Locations: China, Bankman, New York, Chicago
New York CNN —A federal judge on Thursday ordered Sam Bankman-Fried to repay more than $11 billion as part of his sentence for defrauding customers and investors in his failed crypto exchange FTX. In their sentencing memorandum earlier this month, federal prosecutors laid out their reasoning for seeking $11 billion in forfeiture. Unlike restitution, where the money from seized assets goes directly to victims, the money from forfeiture is taken by the government and absorbed into the US Treasury. It is unclear how much Bankman-Fried is currently worth, but it’s likely not anywhere near $11 billion. So far, the Department of Justice has redistributed about $4 billion to Madoff’s victims.
Persons: Sam Bankman, Fried, SBF, ” Mitchell Epner, , , District Judge Lewis Kaplan, Anthony Capozzolo, Elizabeth Holmes, Holmes, Ramesh “ Sunny ” Balwani, Bernard Madoff, Peter Katz, Katz, they’ll, ” Katz Organizations: New, New York CNN, CNN, Treasury, District, , of, Department of Justice’s, Department of Justice, Department Locations: New York, Eastern, of New York
Sam Bankman-Fried could be sent to a prison with limited vegan options, per The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The disgraced crypto entrepreneur could carry out his 25-year sentence at Mendota, a medium-security prison near Fresno, California, a prison consultant hired by his lawyers said. There, he might have to opt for vegan items on the prison's commissary list such as rice, almonds, and Skittles drink mix, The Wall Street Journal reported. AdvertisementUS District Judge Lewis Kaplan, who imposed Bankman-Fried's 25-year sentence on Thursday, recommended he serve it in a low- or medium-security prison near his parents' home in San Francisco.
Persons: Sam Bankman, , Fried, Lewis Kaplan, Joel Sickler, Bill Baroni, He's, Baroni, He'll, Carmine Simpson, who's, Judge Kaplan, Sam, Simpson Organizations: Street, Service, Street Journal, Federal Bureau of Prisons, New, Metropolitan Detention, NYPD, BI Locations: Mendota, Fresno , California, San Francisco, Lompoc, Santa Barbara, New Jersey, Brooklyn
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