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Nick Fuentes, a far-right commentator, is set to return to X.Elon Musk bought X in 2022, promoting free speech absolutism. The Anti-Defamation League describes Fuentes as a white supremacist , anti-semite , and 2020 election-denier "who seeks to forge a white nationalist alternative to the mainstream GOP." When Elon Musk bought X for $44 billion in October 2022, he set out to defend free speech absolutism on the platform. Nick Fuentes' flirting with hate-speech has meant he has had a rocky relationship with X and Twitter before it. Business Insider's Katherine Tangalakis-Lippert reported that despite Musk identifying as a "free speech absolutist," the same embrace of free speech does not extend to his critics.
Persons: Nick Fuentes, Elon Musk, Musk, , Elon, Jim Crow, Fuentes, Hitler, Donald Trump, Jordan Peterson, Andrew Tate, GMwHmInPAS — Elon, Katherine Tangalakis Organizations: Service, Defamation League, GOP, Elon, Kanye, Twitter Locations: Virginia, Israel
CNN —For South Dakota Gov. A bipartisan group of members of Congress set up a Congressional Dog Lovers Caucus in a not so subtle dig to the South Dakota governor. Some Republicans came to her defense, like South Dakota Rep. As many questioned why she volunteered this story in her book, Noem said it demonstrates how she doesn’t run from the truth. As governor of South Dakota during the height of the Covid-19 pandemic, she resisted lockdowns.
Persons: Kristi Noem, , Donald Trump’s, , Noem, Dusty Johnson, Dakota Sen, Mike Rounds, , ” Noem, ” Trump, Stephen Colbert, Kim Jong, Emmanuel Macron, Kim, Nikki Haley, Haley, Ian Fury, ” Fury, ” Jesse Hunt, Trump, She’s, Corey Lewandowski, That’s, ” Nancy Pallozzi, Matt Gorman, Gorman, it’d Organizations: CNN, South Dakota Gov, Cricket, The Guardian, Caucus, South Dakota Rep, Fox News, Dakota Scout, US House Armed Services Committee, North Korean, Scout, Politico, South Carolina Gov, Republicans, Republican, Republican Governors Association, National Rifle Association, Trump, Trump loyalists, Mar, California GOP, Jefferson County Republicans, Jefferson County Republican Party Locations: Dakota, America, Texas, South Dakota, California, Denver, Jefferson
Apple did not disclose revenue for the Vision Pro, the company's first new major device since the Apple Watch debuted in 2015. The Vision Pro is generally considered a higher-quality product than rival devices, with its sharper resolution as one key advantage. Jim, however, said the Vision Pro could be a positive contributor to Apple's earnings much sooner than others expect, as enterprise adoption drives more sales. Lowe's is using Vision Pro for immersive kitchen design, while Porsche is using it for "real-time team collaboration for racing," Cook said. He said Friday that Apple's developer conference in June — where more details on its AI strategy are widely expected — will also highlight new software programs written for the Vision Pro.
Persons: Tim Cook, Cook, Jim Cramer, Jim, Nvidia's, Jensen Huang, Jim Cramer's, Angela Weiss Organizations: Vision, Apple, Club, Nvidia, Apple Watch, Wall, Meta, CNBC, Dutch, KLM, Porsche, AFP, Getty Locations: Nvidia's, , New York City
The portfolio manager whisperers
  + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +24 min
AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.
Persons: Taylor Swift, Travis Kelce, Goldman Sachs, , That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, , Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny
The more time passed and the less contact I had with other adults, the more irrelevant I felt. In my marriage, I felt more like an employee than a partner or even a friend. Related storiesI'd lost touch with so much of myself that I was afraid there'd be nothing of "me" left soon. AdvertisementFor me, that's writing. I feel guilty that I have to work, and on really tough days, I feel like a total failure.
Persons: I'd, Hilary Berger, that's, we're, , there'd, Berger, I'm, hustling Organizations: Service, Business
Mr. Peiffer initially pleaded not guilty to nine counts, including bribery, extortion and use of an interstate facility to promote prostitution; he was not accused of sex trafficking. Mr. Peiffer had been a police officer in Brewster, a village about 50 miles north of New York City, since at least 2006, prosecutors said in court filings. Mr. Peiffer had been scheduled for sentencing last May, but the hearing was delayed when his wife went into labor just hours before it was to begin. His wife, Shayla Peiffer, is one of several people who wrote supportive letters to the court at the time asking for a more lenient sentence. Ms. Peiffer wrote that she was pregnant with a daughter, due that June.
Persons: Kellman, Peiffer, , Brewster, Shayla Organizations: Brewster Police Department Locations: Queens, New York , New Jersey, Connecticut, Brewster, Brooklyn, New York City, Mexico, United States
5 Takeaways From the Times Interview of Brittney Griner
  + stars: | 2024-05-02 | by ( J Wortham | ) www.nytimes.com   time to read: +1 min
star Brittney Griner was starting her nine-year sentence in a penal colony in Russia, sewing uniforms for the Russian military and subsisting on spoiled food. Griner was arrested at the Moscow Airport in February 2022, when officials found two vape cartridges in her backpack with 0.7 grams of cannabis oil. (To treat Griner’s chronic pain, a physician in Arizona had prescribed medical marijuana, but it was against the law in Russia.) She was charged with illegal drug possession and smuggling “a significant amount” of narcotics into the country and was sent to prison. Here are the highlights from my profile of the basketball star after I met her at a practice facility in Phoenix.
Persons: Brittney Griner, she’d, Griner Organizations: Moscow Airport Locations: Russia, Arizona, Phoenix
Sacconaghi has a $195 price target on shares, suggesting 15% upside from Wednesday's close. Bernstein is optimistic that the ongoing weakness in the China market "is more cyclical than structural." Oppenheimer analyst Martin Yang lowered his forecast for the current quarter ahead of the report, accounting for softer iPhone sales trends in China. Sankar has a buy rating and a price target of $220. Malik reiterated his buy rating on the stock ahead of the announcement while notching down his price target to $210 from $220.
Persons: Tesla, Bernstein, Toni Sacconaghi, Sacconaghi, Oppenheimer, Martin Yang, Yang, Samik Chatterjee, Chatterjee, TD Cowen's Krish Sankar, Sankar, JPMorgan's Chatterjee, Atif Malik, Malik, Cowen's Sankar Organizations: Apple, Wall Street, Huawei, Counterpoint Research, JPMorgan, Citi Locations: China, India
Read previewDrake and Kendrick Lamar were once considered collaborators, perhaps even friends. Over the years, however, Drake and Lamar came to represent very different versions of hip-hop greatness: the former is a commercial juggernaut, racking up No. Today, their separation is more apparent than ever: Drake and Lamar have become all-out foes. AdvertisementIn the former, Drake mocks Lamar's height with a reference to his latest Grammy-winning album, "Mr. Morale & the Big Steppers." "I hate the way that you walk, the way that you talk, I hate the way that you dress."
Persons: , Drake, Kendrick Lamar, Lamar, who's, it's, Lamar's, Cole's, Aubrey, Cole, Aubrey Graham, Taylor, Tupac Shakur, Angel Diaz, Sowmya Krishnamurthy, Krishnamurthy, Alphonse Pierre, Pierre, Pusha, Drake teardowns, DMX, Hunter Harris, Lamar's catty, Zoe Guy, Guy, Andre Gee, Lamar didn't, Gee, Kendrick doesn't, DJ Marseel, Shamira Ibrahim, I'm, Kendrick, bec, Tay Organizations: Service, Beatles, Business, Metro, Morale, objectifying, Billboard, Pitchfork, Stone Locations: Lamar
Video supplied by the Philippine Coast Guard showed two larger Chinese vessels firing water cannons from opposite sides of the Philippine ship. “The Philippine vessels encountered dangerous maneuvers and obstruction from four China Coast Guard vessels and six Chinese Maritime Militia vessels,” Philippine Coast Guard spokesperson Commodore Jay Tarriela said in the statement. The Philippine Coast Guard ship suffered “damage to the railing and canopy,” according to its statement. Over the past two decades, China has occupied a number of obscure reefs and atolls far from its shoreline across the South China Sea, building up military installations, including runways and ports. Beijing and Manila’s South China Sea disputes have heated up since the 2022 election of Philippine President Ferdinand Marcos Jr., who has taken a stronger line against China than his predecessor Rodrigo Duterte.
Persons: Jay Tarriela, , Thomas, , Thomas Shoal, Ferdinand Marcos Jr, Rodrigo Duterte Organizations: CNN, Philippine Coast Guard, China Coast Guard, Chinese Maritime Militia, Weibo, Asia, Transparency Initiative, BRP Sierra Madre, Philippine Locations: Philippine, China, Scarborough Shoal, Chinese, Luzon, ” Beijing, South, Scarborough, Huangyan, Bajo, Masinloc, Philippines, South China, Palawan, BRP Sierra, Weibo, , Beijing, Manila’s, Manila, United States, Washington
Scott Olson | Getty Images News | Getty ImagesFormer President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. We have a ring around the country," Trump said in a TIME interview released Tuesday, referring to aggressive tariffs he has promised to impose in a second term. Yet economists and Wall Street analysts agree that these plans would likely drive consumer prices higher. "A second Trump term could bring higher tariffs, attempts to weaken the dollar, even higher deficits, deportation of illegal immigrants, and other policies that could put upward pressure on inflation," Piper Sandler analysts wrote last week. Reached for comment, the Trump campaign said, "under President Trump, inflation was non-existent, gasoline was cheap, groceries were affordable, and the American Dream was alive and well."
Persons: Donald Trump, Scott Olson, Joe Biden, Trump, Jay Powell, Piper Sandler, Donald Trump's, Paul Ashworth, Wells Organizations: Clinton Middle School, Getty, Wall Street, Trump, Federal, Wall, Capital Economics, North, U.S ., Wells Locations: Clinton , Iowa, China, Mexico, South Carolina, North America
S&P 500 futures inched higher Sunday night as the broad index came off its best week in several months. Traders are looking ahead to a week with more corporate earnings, key labor data and a Federal Reserve meeting. The S&P 500 jumped 2.7%, notching its best week since November and breaking a three-week negative streak. "However, during the past few weeks, the driver of rates has shifted from better growth tohawkish monetary policy concerns, which has been more difficult for stocks to digest." Monetary policy will take center stage later in the week, with the Fed set to release its latest interest rate announcement on Wednesday.
Persons: David Kostin, Goldman Sachs, Jerome Powell, April's nonfarm Organizations: New York Stock Exchange, Traders, Federal Reserve, Dow Jones Industrial, Nasdaq, Dow, Apple Locations: April's
Bank of America says the ongoing "anything but bonds" bull market has led to a very top-heavy stock market. The firm is watching real 10-year yields and credit spreads for signals of when that AI-led rally could end. BofA says higher yields and tighter spreads could sound recession alarms and spur a stock sell-off. The key piece is the cohort of mega-cap tech companies that have long dominated stock-market performance, largely because of their affiliation with AI. In the meantime, if you subscribe to BofA's view, you should be watching the 10-year real yield for a signal of when any such downturn is coming.
Persons: BofA, , YCharts There's Organizations: of America, Service, Bank of America, Apple, Nvidia, Microsoft
Beijing CNN —China and the US face a choice between stability and a “downward spiral,” Chinese Foreign Minister Wang Yi told counterpart Antony Blinken on Friday in Beijing, as the American diplomat kicked off a day of meetings with top Chinese officials. “Should China and the United States keep to the right direction of moving forward with stability or return to a downward spiral? Or engage in rivalry and confrontation – or even slide into conflict, which would be a lose-lose for all?” he said, speaking through an interpreter. Wang’s comments come as Chinese officials bristle at actions Washington has taken in the name of national security, which Beijing sees as meant to suppress its development. Officials from both nations suggested ahead of the trip that the visit would be focused on managing the relationship and communicating concerns.
Persons: Wang Yi, Antony Blinken, China –, ” Wang, Blinken, , Washington, Joe Biden, Wang, ” Blinken, Biden, Xi Jinping, White, China’s, Organizations: Beijing CNN —, Russia, Ukraine, Foreign Ministry, , Communist Party, Taiwan Locations: Beijing, Beijing CNN — China, American, China, Russia, South, Taiwan, , United States, Diaoyutai State, California, Moscow, Iran, East, Ukraine, Korean
People living in RVs or cars has surged in Bozeman, Montana, as housing costs have spiked. "Urban camping" has made the city's unhoused population more visible. City officials say the number of Bozeman residents living in their RVs or cars spiked by 200% in two years, according to Montana PBS, which cited the city. "This — with urban camping, RVs, more cars — This is a recent phenomenon." "First, these folks are our residents too," the city website says when discussing how it's addressing urban camping.
Persons: , Terry Cunningham, Mayor Cunningham, Steven Ankney Organizations: Service, West ., Montana PBS, Bozeman, PBS, Bozeman Daily Chronicle, Resource Development Council Locations: RVs, Bozeman , Montana, Bozeman, Montana, , West, West . Bozeman, Yellowstone, Gallatin County
Caitlin Clark's record-breaking college career has sparked unprecedented interest in the WNBA. The 27-year-old five-time All-Star urged fans who have enjoyed Clark's college career to stick around and help grow the women's game. "I hope that anyone's invested and paying attention to it, continues to invest in it," Wilson said. The All-Star center also commented on the major paydays top college athletes are taking home thanks to NIL rules allowing student athletes to leverage their personal brands. With Clark's $76,000 rookie salary making headlines last week, Wilson said she hopes college stars continue to go pro and bring their sponsors and investors along with them.
Persons: Caitlin Clark's, A'ja Wilson, Clark, Wilson, anyone's Organizations: WNBA, Las Vegas Aces, Star, Nike, CNBC
At the start of the 2021 ski season, I visited one of the US' most expensive ski towns: Aspen, Colorado. AdvertisementNestled in Colorado's Rocky Mountains, Aspen is a small ski town known for vacationers with big budgets. At the top of the list was Aspen, with vacationers spending an average of $761.39 per person per day in the town. In 2022, Aspen was the world's most expensive ski town based on the listing price for prime ski property, according to Engel & Völkers, a global real-estate company. In 2023, the ski outlet SnowBrains named Aspen the most expensive ski town in the US.
Persons: , Engel, Völkers Organizations: Service, Aspen Locations: Aspen , Colorado, Aspen, Rocky
“To me, success is impeachment from the House,” GOP Rep. Brian Mast said. Comer’s co-leads, House Judiciary Chairman Jim Jordan and House Ways and Means Chairman Jason Smith, are also fully behind the work. I don’t think that’s an impeachable offense,” GOP Rep. Jodey Arrington said. Even GOP Rep. Darrell Issa remarked after the first hour of questioning that Hunter Biden was prepared for the interview. There’s an election in seven months from now,” GOP Rep. Nick LaLota, who represents a New York district Biden won in 2020, told CNN.
Persons: James Comer, Joe Biden, , Comer, Biden, “ Comer, Jesus, Alejandro Mayorkas, Comer –, , Anna Paulina Luna –, Hunter Biden, it’s, ” Luna, , missteps, Brian Mast, Mike Johnson, Comer’s, Jim Jordan, Jason Smith, ” Johnson, Steve Scalise, Elise Stefanik, Kevin McCarthy, ” Bruce Dubinsky, McCarthy, Samuel Corum, Johnson, Jodey Arrington, Darrell Issa, , Doug LaMalfa, Mayorkas, Tony Gonzales, Austin Scott, ” Comer, Donald Trump, Jordan, doesn’t, There’s, Nick LaLota, Jamie Raskin, Raskin Organizations: Washington CNN —, Republican, CNN, Kentucky Republican, Homeland, Biden, GOP, Republicans, Getty, White, Democratic, , Department of Justice Locations: Kentucky, , Washington , DC, , Texas, New York
Senators passed a crucial procedural vote with wide bipartisan support, signaling that the foreign aid package has the strength to pass a final vote. The funding includes roughly $60 billion for Ukraine aid, $26 billion for Israel and $8 billion for Taiwan and Indo-Pacific security. Spending-wise, the legislation is similar to the $95 billion foreign aid bill passed by the Senate in February, which has been effectively shelved in the House in the weeks since. TikTok has pushed back on this proposal since the House passed it over the weekend. Those political threats, along with an increasingly razor-thin House Republican majority led Johnson to effectively table the Senate's $95 billion foreign aid bill for weeks.
Persons: Charles Schumer, Chuck Schumer, Joe Biden, TikTok, Biden, Marjorie Taylor Greene, Mike Johnson, Johnson, Iran's, Donald Trump's, Trump, John Fredericks Organizations: U.S, Capitol, Senate, NBC News, House Republicans, Rep, Republican Locations: Israel, Ukraine, Taiwan
Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.
Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey
CNN —Close flybys of Io, one of Jupiter’s moons and the most volcanically active world in our solar system, have revealed a lava lake and a towering feature called “Steeple Mountain” on the moon’s alien surface. “We also got some great close-ups and other data on a 200-kilometer-long (127-mile-long) lava lake called Loki Patera. Juno detected the mountain with the help of the sun shining on Io’s surface, which created dramatic shadows that revealed a very sharp peak. NASA/JPL-Caltech/SwRI/MSSSAs an outdoors enthusiast, Bolton joked that Io’s Steeple Mountain should be one of the solar system’s skiing and snowboarding destinations. The mission team used Juno’s Microwave Radiometer instrument to create maps of Io’s surface, showing how incredibly smooth it is.
Persons: , Scott Bolton, , Loki Patera, Gerald Eichstädt, Thomas Thomopoulos, ” Bolton, Bolton, Galileo Galilei, Hera Organizations: CNN, Southwest Research Institute, NASA, JPL, Caltech, Bolton, European Geophysical Union General Assembly, Juno, Science, , Galileo Locations: Vienna, Chile
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Two years into my second role, I was placed on a performance improvement plan (PIP). To cope, I leaned more on my side hustle, which fueled me creatively but also impacted my work performance at times. AdvertisementMy PIP experience ultimately left me feeling disheartenedBeing put on a PIP solidified the reality that employees are expendable. The PIP wasn't the sole reason, but it did accelerate my thinking.
Persons: , I'd, wasn't, didn't, Tapping Organizations: Service, Business, SMART Locations: San Francisco
But Miles Russell is no ordinary 15-year-old. In doing so, high school freshman Russell became the youngest player on record (since 1983) to notch a top-25 finish on the PGA Tour or the Korn Ferry Tour. Before turning 18, players are not eligible for non-member Korn Ferry Tour Points toward Special Temporary Membership. As the youngest player at the tournament by far, there was plenty of pressure on Russell throughout. “But good play is always good, and [it’s] definitely confidence-boosting to finish where we’re going to finish today.”
Persons: Miles Russell, Gipper Finau, Russell wasn’t, Russell, Korn, ” Russell, , Douglas P, , ” Russell –, Organizations: CNN, Lakewood, Jacksonville Beach, PGA Tour, Veritex Bank, Texas Rangers Golf Club, American Junior Locations: Utah, Saturday’s, Arlington
Read previewIf you thought rap's latest all-out brawl couldn't get any more convoluted, enter Taylor Swift, Snoop Dogg, and Tupac Shakur. On Friday, an embattled Drake released "Taylor Made," his second diss track in response to Kendrick Lamar, which mentions the "Fortnight" singer and uses what sounds like an AI-generated Shakur and Snoop Dogg to try to humble Lamar. AdvertisementThe fake Tupac gives Lamar advice on how to properly diss Drake by referencing rumors about the Canadian rapper "liking young girls." The actual human Snoop Dogg humorously responded to the verse in an Instagram video Friday evening. Representatives for Swift, Snoop Dogg, Drake, and Lamar, and a lawyer for Shakur's estate did not immediately respond to a request for comment from Business Insider.
Persons: , Taylor Swift, Snoop Dogg, Tupac Shakur, Drake, Taylor, Kendrick Lamar, Lamar, J, Cole, Prince, Mike Jack, Michael Jackson, Jackson, Pop, Rick Ross, Ye, Lamar —, Tupac, Shakur, Snoop, Lamar hasn't, Swift Organizations: Service, Business, Metro Boomin, Listeners, Poet's Department, Genius, Dawg Entertainment, Apple Music Locations: Lamar
Tucked away in the forests of Hocking Hills, Ohio, is a luxury cabin that was recently named one of the hottest vacation rentals in the world by a panel of judges selected by eviivo, a property management system for hotels, vacation rentals and bed and breakfasts. The properties were chosen from hundreds of submissions and ranked against features like "design, history, amenities and visual aesthetics," according to eviivo's press release announcing the list. Known as The Rocky Villa, the Ohio property includes a two-bedroom, two-bathroom cabin and offers "the perfect blend of luxury and tranquility," according to the rental's website. It also features two waterfalls, "creating a serene and picturesque backdrop for your stay," the website says.
Persons: Rocky Villa Organizations: eviivo Locations: Hocking Hills , Ohio, Ohio
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