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An announcement about former NBCUniversal CEO Jeff Shell’s appointment to RedBird is expected in the first quarter. Photo: Kevin Dietsch/Getty ImagesFormer NBCUniversal Chief Executive Jeff Shell is in advanced talks to join private-equity firm RedBird Capital Partners, leading its sports and entertainment investment business. A formal announcement about Shell’s appointment is expected in the first quarter of next year. A spokesperson for RedBird confirmed the negotiations.
Persons: Jeff Shell’s, RedBird, Kevin Dietsch, Jeff Shell Organizations: RedBird Capital Partners
Rep. Dan Kildee of Michigan recently announced that he would forgo a reelection bid in 2024. The congressman, from a key swing district, said the "chaos" of the House weighed on him. While battling health issues, Kildee told The New York Times he thought about the sacrifice of being away from family. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhile many would expect a Democratic member out of power to make such a remark about the state of the House, Kildee has served in the minority before, from 2013 to 2019.
Persons: Dan Kildee, Kildee, , wouldn't, Hakeem Jeffries, Kevin McCarthy of, Steve Scalise, Jim Jordan of, Tom Emmer, Mike Johnson of Organizations: New York Times, Service, Democratic, Capitol, GOP, Republican, Times Locations: Michigan, Flint, New York, Washington, Michigan's 8th, Kevin McCarthy of California, Louisiana, Jim Jordan of Ohio, Minnesota, Mike Johnson of Louisiana
The Enduring Allure of a Close Shave
  + stars: | 2023-11-24 | by ( Amanda Foreman | ) www.wsj.com   time to read: +1 min
Huge numbers of them haven’t seen their owners since the start of “Movember,” the annual no-shave fundraiser for men’s health. But the razors needn’t fear: The urge of men to express themselves by trimming and removing their hair, facial and otherwise, runs deep. Even Paleolithic Man shaved his hair on occasion, using shells or flint blades as a crude razor. Ancient Egypt was the earliest society to make hair removal a way of life for both sexes. The whole head was shaved and covered by a wig, a bald head being a practical solution against head lice and overheating.
Persons: Locations: Egypt
Residents of cities across the Midwest will be hardest hit by home heating costs this winter. A new study ranked US cities based on costs in relation to incomes, energy efficiency, and more. The study ranked heating expenses in the 500 biggest cities in the country based on several factors, including electricity and heating fuel costs relative to average income, home energy-efficiency, and things like weather and average home size and age. Cleveland and Flint have particularly energy inefficient homes, while Independence and St. Joseph ranked high on energy costs, the study reported. During the hot months, places like Florida and Georgia become the most unaffordable when it comes to HVAC costs, the study noted.
Persons: , Joseph Organizations: Service, Midwest ., Midwestern, Puget, Census Bureau, Department of Energy, National Oceanic, Atmospheric Administration Locations: Midwest, Springfield , Missouri, Cleveland , Ohio, Independence , Missouri, Flint , Michigan, St, Joseph , Missouri, Midwest . Cleveland, Flint, Independence, Northeastern, Southern, Central California, Washington State, Florida, Georgia
Cara LombardoCara Lombardo is a senior reporter for The Wall Street Journal in New York. She and her colleagues regularly break market-moving news on the biggest and most interesting deals and activist fights. In 2021, she was part of a team that won a Gerald Loeb Award for the paper’s coverage of Amazon’s business practices. She joined the Journal in 2017 and previously covered breaking news and the beverage industry. She has undergraduate and master’s degrees in accounting and a master’s degree in journalism, all from the University of Wisconsin-Madison.
Persons: Cara Lombardo Cara Lombardo, Gerald Loeb Organizations: Wall Street, University of Wisconsin - Madison, LinkedIn Locations: New York
Political Cartoons View All 1262 ImagesIf the information given to St. Croix residents turns out to be bad, it won't be the first time that's happened. On the Caribbean island of St. Croix, officials avoided some of those pitfalls and quickly told residents of the results. For lead testing, workers usually take water from a household faucet. It is some of these tests that first recorded astronomically high lead levels. Instead, it's brass fittings that contain lead and can corrode into the water, Smith said.
Persons: Joe Biden, , Frandelle Gerard, Marc Edwards, Andrew Smith, Edwards, Croix, Tom Neltner, ” Smith, Retesting, Smith, Christine Ash, Gerard, what’s, , ” Gerard Organizations: U.S . Virgin, Environmental Protection Agency, Crucian, Nature Tourism, Inc, The Associated Press, Virginia Tech, Power Authority, Environmental Defense Fund, EPA, St, Associated Press, Walton Family Foundation, AP Locations: U.S, St, Croix, Flint , Michigan, Flint, Newark, Benton Harbor , Michigan, St . Croix, faucets
The New York Jets during the fourth quarter against the Miami Dolphins in January. Photo: Megan Briggs/Getty ImagesAmazon and the NFL are betting that a combination of two of America’s biggest pastimes—football and holiday shopping—will provide a ratings and retail windfall. Amazon Prime Video plans to carry the first-ever “Black Friday” game later this week, serving Americans touchdowns and online shopping as an alternative to battling deal-seekers at the mall. The technology giant plans to load up the game with sales promotions in a bid to turn the Friday after Thanksgiving into a major digital shopping day.
Persons: Megan Briggs Organizations: New York Jets, Miami Dolphins, Getty, NFL, Amazon Prime
Apple and Disney Among Companies Stopping Ads on X
  + stars: | 2023-11-18 | by ( Joe Flint | Patience Haggin | ) www.wsj.com   time to read: 1 min
The exodus of major advertisers adds to the business challenges Elon Musk faces in managing X. Photo: Carlos Barria/ReutersApple and several major entertainment companies stopped advertising on Elon Musk’s X after the social-media network’s owner described an antisemitic post this week as “the actual truth” and again lashed out at the Anti-Defamation League. Among those pausing ads on the social-media platform are Disney , Warner Bros. Discovery , Paramount Global , NBCUniversal and its parent Comcast and Lions Gate Entertainment , people close to those companies said.
Persons: Elon Musk, Carlos Barria, Elon Musk’s Organizations: Reuters Apple, Elon, Defamation League, Disney, Warner Bros, Discovery, Paramount Global, NBCUniversal, Comcast, Lions Gate Entertainment
Apple and Disney Among Companies Stopping Ads On X
  + stars: | 2023-11-17 | by ( Joe Flint | Patience Haggin | ) www.wsj.com   time to read: 1 min
The exodus of major advertisers adds to the business challenges Elon Musk faces in managing X. Photo: Carlos Barria/ReutersApple and several major entertainment companies stopped advertising on Elon Musk’s X after the social-media network’s owner described an antisemitic post this week as “the actual truth” and again lashed out at the Anti-Defamation League. Among those pausing ads on the social-media platform are Disney , Warner Bros. Discovery , Paramount Global , NBCUniversal and its parent Comcast and Lions Gate Entertainment , people close to those companies said.
Persons: Elon Musk, Carlos Barria, Elon Musk’s Organizations: Reuters Apple, Elon, Defamation League, Disney, Warner Bros, Discovery, Paramount Global, NBCUniversal, Comcast, Lions Gate Entertainment
United Auto Workers members and supporters on a Michigan picket line in September. Photo: Emily Elconin/Bloomberg NewsA majority of United Auto Workers members at several General Motors factories voted against a proposed labor agreement, jeopardizing a tentative contract that both union leaders and GM have called historic. About 68% of workers at GM’s factory in Spring Hill, Tenn., voted down the tentative deal, the union posted on its website Tuesday. A majority of workers at a GM plant in Flint, Mich., and an engine plant in suburban Detroit rejected it.
Persons: Emily Elconin, jeopardizing Organizations: United Auto Workers, Bloomberg, General Motors, GM Locations: Michigan, GM’s, Spring Hill, Tenn, Flint, Mich, Detroit
The Ford vote in Kentucky showed 55% of the members at the Kentucky Truck plant voting against the deal. That plant went on strike with little notice on October 12, about three weeks into the strike that targeted specific plants at the company. Members at Ford’s nearby Louisville Assembly plant who belong to the same union local voted 53% in favor of the deal. A vote tracker on the UAW site shows that 65% of members at Ford who have voted so far approve of the deal. So far the vote at Stellantis has overwhelming support, with 82% of the members who have voted supporting the deal.
Persons: Mack Truck, Spokespeople, Shawn Fain, Fain, Stellantis Organizations: New, New York CNN, General Motors, Ford, GM, Kentucky, UAW, Flint, Facebook Locations: New York, Louisville , Kentucky, Flint , Michigan, Kentucky, Ford’s, Louisville, Dearborn Michigan, Stellantis, Marysville , Michigan, Detroit
Workers at Chrysler-owner Stellantis are still in early voting but have so far largely backed the contract. GM's Spring Hill Assembly plant in Tennessee on Monday became the most recent major facility to vote against the contract, with 67.5% of UAW members rejecting it. Reasons behind the disapproval vary, according to industry experts and UAW members who spoke with CNBC. GM has had 52% of workers voting so far in support of ratification. He said these benefits remain a target for future bargaining when the tentative deals, if ratified, expire on April 30, 2028.
Persons: Jim Vondruska, they've, Stellantis, They're, There's, Shawn Fain, Brian Keller, Ford, Fain, we'd, Keller, Ray Curry, Timothy Orner, it's, Orner, China Jones, Wheaton Organizations: UAW, Getty, DETROIT, United Auto Workers, Detroit, Ford Motor, Motors, Workers, Chrysler, Ford, CNBC, GM, U.S, Louisville Assembly Plant, Worker Institute, Cornell University Locations: Chicago , Illinois, Hill, Tennessee, GM's Flint , Michigan, Kentucky, Stellantis, Toledo, China, Louisville
Michael Klein is an omnipresent deal maker who launched M. Klein & Co. in 2012. Photo: Andrew Harrer/BLOOMBERG NEWSHollywood talent agency Creative Artists Agency and longtime deal maker Michael Klein are launching a new investment bank focused on sports, media and entertainment deals. CAA’s merchant bank, known as Evolution Media Capital, and advisory firm M. Klein & Co. are joining to form CAA Evolution, the companies told The Wall Street Journal. The combined firm aims to work on large media companies’ deals, sell sports teams and advise on capital raises including initial public offerings, little of which Evolution does currently.
Persons: Michael Klein, Andrew Harrer Organizations: Klein, Co, BLOOMBERG NEWS Hollywood, Creative Artists Agency, Evolution Media Capital, CAA, Wall Street
FILE PHOTO: A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett/File Photo/File Photo Acquire Licensing RightsNov 13 (Reuters) - Production workers at Ford's (F.N) Louisville assembly and Kentucky truck plants have voted against the tentative labor agreement, while skilled trades workers voted in favor, the local chapter of the United Auto Workers (UAW) said on Monday. Union workers are voting on contracts from each of Chrysler-owner Stellantis (STLAM.MI), GM (GM.N) and Ford, after the first coordinated strike against Detroit's Big Three automakers. Of the total votes cast at Ford's various facilities so far, 70.7% of workers have voted in favor of the deal, according to a UAW vote tracker. Workers at some of the company's major plants including the Dearborn Truck plant in Michigan are yet to vote.
Persons: Luke Sharrett, Stellantis, Gokul Pisharody, Dhanya Ann Thoppil, Arun Koyyur Organizations: United Auto Workers, UAW, REUTERS, UAW . Union, Chrysler, GM, Ford, Detroit's Big, Workers, Dearborn, General Motors, U.S ., Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, Ford's, F.N, Louisville, Kentucky, Michigan, Flint, Bengaluru
FILE PHOTO: A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett/File Photo/File Photo Acquire Licensing RightsNov 13 (Reuters) - The United Auto Workers (UAW) production workers at Ford's (F.N) Louisville assembly and Kentucky truck plants have voted against a proposed four-and-a-half year contract, while the skilled trades workers voted in favor of the deal, the union's local unit said on Facebook. The UAW Local 862 union said that 55% of the production workers voted against ratifying the contract. However, 69% of the skilled trades workers cast votes in favor of the contract. The union did not disclose the overall percentage of the votes in favor of the deal, or the total number of votes cast.
Persons: Luke Sharrett, Ford, Stellantis, Gokul, Dhanya Ann Thoppil Organizations: United Auto Workers, UAW, REUTERS, Facebook, UAW Local, Chrysler, GM, Ford, Detroit's Big, General Motors, U.S ., Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, Ford's, F.N, Louisville, Kentucky, Flint, Michigan, Bengaluru
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Persons: Dow Jones, 8124fe8d
In Texas Hill Country, about a 10 to 15 minute drive from downtown Austin, is the 78746 ZIP Code, which locals refer to as Westlake. With a median house listing price of $2.65 million in September, Westlake has the second priciest residential real estate in Texas, according to data from Realtor.com. Known for its rolling hills, trees, lakes and trails, Westlake encompasses a handful of neighborhoods that feed into the coveted Eanes Independent School District. Here are some of the area's highlights:
Persons: Westlake Organizations: Westlake, Realtor.com, Eanes Independent School Locations: Texas, Austin, Westlake
Disney Plots Future of Its Traditional TV Networks
  + stars: | 2023-11-10 | by ( Joe Flint | Jessica Toonkel | ) www.wsj.com   time to read: 1 min
ABC, which airs hits such as ‘The Golden Bachelor,’ has been identified as one of Disney’s most valued channels. Photo: Craig Sjodin/ABCDisney is examining whether its future should include fewer television networks. After Chief Executive Bob Iger said last summer that some of Disney’s TV networks, which include ABC, FX and National Geographic, might not be core to the company, executives set out to determine which channels have long-term value and which are expendable.
Persons: , Craig Sjodin, Bob Iger Organizations: ABC, ABC Disney, FX, Geographic
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Acquire Licensing RightsNov 10 (Reuters) - United Auto Workers (UAW) union members at General Motors' (GM.N) Flint assembly plant in Michigan have narrowly voted against a proposed contract with the U.S. automaker, the local chapter said. In a Facebook post on Thursday, the UAW Local 598 said 51.8% of votes cast were against the proposed deal. The vote signals that approval of the deal, which is set to raise costs significantly for GM, is not guaranteed. Union workers are voting on contracts from each of Chrysler-owner Stellantis (STLAM.MI), General Motors and Ford Motor (F.N), after the first coordinated strike against Detroit's Big Three automakers.
Persons: Rebecca Cook, Stellantis, Erik Gordon, Mack Trucks, Nathan Gomes, Shivansh, Sriraj Organizations: General Motors, REUTERS, United Auto Workers, UAW, U.S ., GM, Workers, Chrysler, Ford, Detroit's Big, Silverado, Detroit Three, University of Michigan, Detroit, Honda, Volvo Group, Thomson Locations: Detroit , Michigan, U.S, Flint, Michigan, Bengaluru
The 118-day strike is set to end at 12:01 a.m. Thursday. Photo: Caroline Brehman/ShutterstockStriking Hollywood actors reached a tentative agreement with major studios and streamers Wednesday that could clear the way for the entertainment industry to restart its content factory after six months of labor strife. The Screen Actors Guild-American Federation of Television and Radio Artists said its TV and theatrical committee approved a tentative agreement with the Alliance of Motion Picture and Television Producers in a unanimous vote Wednesday afternoon. The strike is set to end at 12:01 a.m. Thursday.
Persons: Caroline Brehman Organizations: American Federation of Television, Radio Artists, Alliance, Television Producers
The best money advice is usually boring and unsexy, which explains why no one wants to hear it. The best money advice is decidedly unsexy. Although the purpose of an HSA is to save money for inevitable healthcare expenses, you can just as easily use your HSA as an investing tool. Also, if you leave your HSA money in your account until age 65, you can withdraw your HSA funds for non-medical expenses at any point. The person who started investing at 25 will have roughly $162,000 in their account, while the person who started at 35 will only have $89,000.
Persons: Rachel Wooten, maxing, , Wooten, you'll, doesn't, stashed Organizations: Service, CPA, Flint Group
Political Cartoons View All 1223 ImagesNow the agency is aiming to further reduce lead levels in drinking water and tighten a rule that failed to prevent recent drinking water crises in cities like Flint, Michigan and Newark, New Jersey. Bernstein said he is hopeful “that as we remove lead pipes, we’re going to see the numbers continue to fall. “CDC’s work was used in other cities with elevated water lead levels to dampen citizen concerns,” the congressional report said. Joe Cotruvo, a former director of the Drinking Water Standards Division at EPA, said the existing regulations work and should be credited with significantly reducing lead in drinking water, they just aren’t properly enforced. Lead pipes in both cities were rapidly removed and lead levels dropped.
Persons: Ronnie Levin, ” Levin, Joe Biden, , Levin, Flint, Aaron Bernstein, Bernstein, Mark Powell, Yanna Lambrinidou, , Mary Jean Brown, Marc Edwards, wouldn't, Joe Cotruvo, Michael Schock, Schock, we’ve Organizations: Environmental Protection Agency, EPA, Harvard, Centers for Disease Control, Washington , D.C, D.C, Virginia Tech, CDC, Agency, Associated Press, Walton Family Foundation, AP Locations: Flint , Michigan, Newark , New Jersey, U.S, Boston, WASHINGTON, Washington ,, Washington, The Washington, Flint, Benton Harbor , Michigan, Newark, Benton, Benton Harbor
DETROIT (AP) — General Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers Thursday to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford. Nearly 17,000 striking workers at Ford left the picket lines when the agreement was announced Wednesday night and will return to work shortly. About 57,000 Ford workers still have to vote on the tentative pact. It wasn't clear what Ford agreed to in terms of battery factories. Ford had announced plans to build two battery factories in Kentucky, one in Tennessee and another in Michigan, but the Michigan plant is now on hold.
Persons: Shawn Fain, Wheaton, “ Fain, ” Wheaton, it's, Ford, haven’t Organizations: DETROIT, , Motors, United Auto Workers, Ford, GM, Cornell University, Chevrolet, UAW, Workers, Toyota, Moody’s Investor Service Locations: Fort Wayne , Indiana, Flint , Michigan, Arlington , Texas, Kentucky, Tennessee, Michigan
Ari Emanuel, chief executive officer of Endeavor, says, ‘an evaluation of strategic alternatives is a prudent approach’ to ‘maximizing value for our shareholders.’ Photo: Kyle Grillot/Bloomberg NewsPrivate-equity giant Silver Lake said it is working on a proposal to take private Endeavor Group Holdings, the owner of talent agencies WME and IMG. “Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor,” the firm wrote in a statement. Silver Lake owns about 71% of the voting stake in Endeavor.
Persons: Ari Emanuel, Kyle Grillot, Silver Organizations: Endeavor, , Bloomberg, Private, Endeavor Group Holdings, Silver Lake
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The UAW walkouts cost the company $200 million during the third quarter and $600 million so far in the fourth quarter, GM Chief Financial Officer Paul Jacobson said in a briefing with reporters. Strike costs are now running at $200 million a week, Jacobson said. Average selling prices for GM vehicles were $50,750 in the latest quarter, slightly down from the previous quarter. GM also said losses at its Cruise robotaxi unit widened to $732 million in the quarter.
Persons: Rebecca Cook, GM's, Colin Langan, Paul Jacobson, Jacobson, Shawn Fain, Tesla, Mary Barra, We're, Barra, Biden, Ford, Elon, Joe White, Ben Klayman, Jamie Freed, Kirsten Donovan, Chizu Organizations: General Motors, REUTERS, Rights, Tuesday, United Auto Workers, GM, UAW, Chevrolet, Detroit, EV, GMC, U.S, Thomson Locations: Detroit , Michigan, U.S, Arlington , Texas, Flint , Michigan, North America, Orion Township , Michigan
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