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Trian Fund Management on Thursday announced it was nominating its CEO, Nelson Peltz, and former Walt Disney CFO Jay Rasulo to the media giant's board, as the firm wages a contentious proxy fight with Disney. The firm announced it was seeking two board seats for Peltz and another media executive, following what it called "significant value destruction and missteps" that the board oversaw. Trian's proxy fight comes as Disney CEO Bob Iger tries to right the ship after a broad restructuring that resulted in thousands of layoffs. Disney has said the proxy fight is apparently in part due to a personal grudge held by Peltz's ally and former Marvel boss Ike Perlmutter. Trian has oversight of shares owned by Perlmutter, who has been an outspoken critic of Disney CEO Bob Iger.

Persons: Nelson Peltz, Walt Disney, Jay Rasulo, Trian, Rasulo, Disney, Bob Iger, Peltz's, Ike Perlmutter, Perlmutter, Morgan Stanley, James Gorman, Jeremy Darroch Organizations: Trian Fund Management, Future Investment Initiative, Summit, Trian, Management, Walt, Disney, Company, Peltz, Marvel, Sky Locations: Miami , Florida

☆ This unusual company that cashes in on boardroom brawls is set for windfall from Disney-Peltz fight
▼ + stars: | 2023-12-05 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Broadridge Financial Solutions , which provides proxy services for big corporations during boardroom brawls, could generate as much as $50 million in event-driven revenue from the Peltz-Disney war, according to Evercore ISI analyst David Togut. During Trian's 2017 proxy battle against Procter & Gamble, the consumer giant paid about $60 million to Broadridge for proxy service, Togut said. Evercore ISI said a company's retail investor base is the best representation for Broadridge's revenue. Since Disney has 81% of the retail shares P & G has, it estimated that Broadridge could make up to $50 million from the proxy war. Evercore ISI set an outperform rating on Broadridge and raised its 12-month price target to $230 from $226.

Persons: Nelson Peltz's, David Togut, Broadridge, Togut, Evercore, Peltz, Trian, Ike Perlmutter, Bob Iger, — CNBC's Michael Bloom Organizations: Disney, Procter & Gamble, Marvel Entertainment, Evercore ISI

☆ Activist investor urges Disney to add Trian's Nelson Peltz to its board
▼ + stars: | 2023-12-05 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Activist investor Ancora on Tuesday urged Disney to put Nelson Peltz on its board, days after Peltz and his firm, Trian, launched a proxy fight with the entertainment giant. "Mr. Peltz (or a qualified designee) would make a fantastic addition to Disney's Board." Trian oversees about $3 billion in Disney stock, but the overwhelming bulk of the shares is owned by Perlmutter, whom Disney laid off earlier this year. Trian is seeking more than two seats on Disney's board, which is populated by directors seen as loyal to Iger. Ancora owned more than 60,000 shares of Disney as of September, according to FactSet.

Persons: Ancora, Disney, Nelson Peltz, Peltz, Bob Chapek, Bob Iger, Ike Perlmutter, Trian, Perlmutter, Iger Organizations: Board, Trian Fund Management, Disney's, Disney, Marvel, CNBC PRO Locations: Trian

☆ CNBC Daily Open: U.S. economy is cooling, but may not fall off a cliff
▼ + stars: | 2023-12-01 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Clearer brand messagingNew Gap CEO Richard Dickson said the apparel firm's products had got "lost in the message" in its discount-heavy online communication. [PRO] Top holiday pickThe Dow is nearing a major milestone — and certain members may lead the blue-chip average over the finish line. CNBC Pro screened for the Dow members with the largest upsides to average price targets among Wall Street analysts.

Persons: Korea's Kospi, Hong, Nelson Peltz, Ike Perlmutter, Morgan Stanley, James Gorman, Jeremy Darroch, Francis deSouza, Josh Kushner's, Richard Dickson, Dickson, Dow Organizations: CNBC, Nikkei, underperform, Dow Jones Industrial, Disney, Marvel, Sky, Peltz, CNBC Pro, Dow, Wall Street Locations: Asia, Pacific, underperform Asia

☆ CNBC Daily Open: A cooling economy does not mean it's falling off a cliff
▼ + stars: | 2023-12-01 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The personal consumption expenditures price index, excluding food and energy prices, rose 0.2% for the month and 3.5% on a year-over-year basis, the Commerce Department reported. Headline inflation was flat on the month and at a 3% rate for the 12-month period, the release also showed. Energy prices fell 2.6% on the month, helping keep overall inflation in check, though food prices rose 0.2%.

Persons: Dow, Dow Jones, Nelson Peltz, Ike Perlmutter, Morgan Stanley, James Gorman, Jeremy Darroch, Francis deSouza Organizations: CNBC, Dow Jones Industrial, Nasdaq, Big Tech, Federal Reserve, Commerce Department, Energy, of, Petroleum, OPEC, Disney, Marvel, Sky, Peltz, United Arab Locations: OPEC, Saudi Arabia, Brazil, COP28, United Arab Emirates, COP27, Egypt

☆ Peltz's renewed fight for Disney board seats keeps pressure on CEO Iger to right the ship
▼ + stars: | 2023-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Activist investor Nelson Peltz's renewed fight for Disney (DIS) board seats is a positive for shareholders because he will push for a level of financial discipline that the company has lacked. Peltz's Trian Partners, a major Disney shareholder, said Thursday it will launch a new challenge to get board representation. As part of its release, Trian said the investment firm's Disney stake is currently worth roughly $3 billion. DIS YTD mountain Disney YTD Peltz will "keep the heat on Disney and this is a positive for us as shareholders," Jim said Thursday while urging new Club members to "buy Disney right here, right now." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nelson Peltz's, Peltz's Trian, Trian, Jim Cramer, Trian's, Ike Perlmutter, Perlmutter, Morgan Stanley, James Gorman, Sir Jeremy Darroch, Gorman, he's, Jim, Peltz, Jim —, Iger, we're, We're, Jim Cramer's, Nelson Peltz, Marco Bello Organizations: Disney, Peltz's Trian Partners, Marvel, Sky, CNBC, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Getty Locations: Miami , Florida

Activist investor Nelson Peltz and his firm are seeking more than two seats on Disney's board, according to a person familiar with the matter, setting the stage for a proxy fight. "Mr. Peltz, in partnership with Isaac Perlmutter, a former Disney executive, intends to take its case to shareholders. Mr. Perlmutter owns 78% of the shares that Mr. Peltz claims beneficial ownership of, or more than 25 million of the 33 million shares," Disney said in a statement. Disney shares are up about 6% this year, far underperforming the S&P 500. Peltz had earlier pushed for a seat on Disney's board after Trian took an approximately $800 million stake in Disney.

Persons: Nelson Peltz, Peltz, Disney, Trian, Morgan Stanley, James Gorman, Jeremy Darroch, Francis deSouza, Sir Jeremy Darroch, Ike Perlmutter, Bob Iger, Perlmutter, Isaac Perlmutter, Robert A, Iger, – CNBC's Alex Sherman Organizations: Trian Fund Management, Future Investment Initiative, Summit, Disney, Sky, Peltz, Disney's, CNBC Locations: Miami , Florida

☆ Disney, Facing Activist Investor Pressure, Adds 2 Board Members
▼ + stars: | 2023-11-29 | by ( Brooks Barnes | More About Brooks Barnes | ) www.nytimes.com time to read: +2 min

Mr. Perlmutter, who sold Marvel Entertainment to Disney in 2009, was pushed out of the company in March. Representatives for Mr. Peltz and Mr. Perlmutter did not respond to queries. “We have to obviously contend with them in some form,” Robert A. Iger, Disney’s chief executive, said about activist investors earlier on Wednesday at the DealBook Summit. I’m not going to get distracted by any of that.”Last year, Mr. Perlmutter agitated — from his perch inside Disney — for Mr. Peltz to join the board. Two chaotic years later, Disney fired Mr. Chapek and reinstated Mr. Iger as chief executive.

Persons: Peltz, Ike Perlmutter, Perlmutter, ” Robert A, Mr, Iger, I’m, ”, —, Disney, Bob Chapek, Chapek Organizations: Marvel Entertainment, Disney, Mr

☆ NYU Langone Fired Him for His Anti-Hamas Posts. He’s Suing.
▼ + stars: | 2023-11-24 | by ( Joseph Goldstein | More About Joseph Goldstein | ) www.nytimes.com time to read: +8 min

A prominent doctor is suing NYU Langone Health after he was fired as director of its cancer center over his social media postings about the Israel-Hamas war. Dr. Neel is one of two doctors whom NYU Langone has removed for online postings since the war began last month. The lawsuit could put NYU Langone under the microscope in the widening debate. “They should take away their scholarships,” Dr. Grossman wrote in a message to Dr. Neel in October. In a statement, NYU Langone said Dr. Neel’s decision to share those emails was just him “lashing out for being held accountable.”“The emails referenced in the suit were among colleagues and Dr. Neel is now making them public in an effort to pressure NYU Langone,” the statement said.

Persons: NYU Langone —, Benjamin Neel, NYU Langone, Neel, Zaki Masoud, Masoud, Dr, “ Dr, Perlmutter, Milton Williams, ”, “, Ben Neel, ” Dr, Joseph Pace, Pace, Robert Grossman, Grossman —, —, Grossman, Neel’s, Williams, “ Grossman, Ben Organizations: NYU Langone Health, NYU Langone, NYU, Journalists, Palestine, Johns Hopkins Hospital, Lenox Hill Hospital, NYU Langone’s, Court, Perlmutter Cancer, Social Media Policy, Social Media, New, “, Harvard, Stanford, University of Pennsylvania Locations: Israel, New York, Gaza, Lenox, Mineola, Long, Manhattan, Connecticut

Copyright Office. Copyright Office, which registered more than 480,000 copyrights last year covering millions of individual works but is increasingly being asked to register works that are AI-generated. So far, copyright claims for fully machine-generated content have been soundly rejected because copyright laws are designed to protect works of human authorship. More than 9,700 comments were sent to the Copyright Office, part of the Library of Congress, before an initial comment period closed in late October. So far, courts have largely sided with tech companies in interpreting how copyright laws should treat AI systems.

Persons: ”, “ We’ve, Shira Perlmutter, Perlmutter, Justine Bateman, ” Bateman, “, Lilla Zuckerman, craven, Marc Beeson, who’s, Carrie Underwood, Garth Brooks, Beeson, “ ravenous, Heidi Bond, Courtney Milan, Bond, ” Perlmutter Organizations: . Copyright, Technology, Associated Press, U.S . Copyright, Copyright, of Congress, Gentlemen, US Copyright, Hollywood, Universal, Group, New York Times, FAIR, Google, Microsoft, Facebook, U.S, Supreme Locations: U.S, United States, Nashville, American, San Francisco

☆ An NYU cancer doc fired over Israel-Hamas war posts accuses the medical center of using him as a 'sacrificial lamb'
▼ + stars: | 2023-11-17 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

An NYU Langone Health cancer doctor has filed a lawsuit against the medical center. Benjamin Neel alleges that he was wrongly fired over posts he made related to the Israel-Hamas war. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA renowned Jewish cancer biologist who was recently fired from NYU Langone Health has filed a lawsuit against the medical center, alleging that it used him as a "sacrificial lamb" by axing him over posts he made on social media related to the Israel-Hamas war. "Nonetheless, Dr. Ben Neel, as a leader at our institution, disregarded these standards in a series of public social media posts and later locked his Twitter/X account," Ritea said.

Persons: Benjamin Neel, Neel, —, axing, Steve Ritea, NYU Langone, Ritea, Dr, Ben Neel, Greta Thunberg, Milton Williams, besmirched, Williams Organizations: NYU, Health, Service, NYU Langone Health, Perlmutter Cancer, New, Court, New York University, NYU Langone, Israel Locations: Israel, New York City, New York, Palestine, Brooklyn , New York City

☆ Disney is set to report earnings after the bell – here's what to expect
▼ + stars: | 2023-11-08 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. In its previous quarter, Disney recorded $2.65 billion in one-time charges and impairments, dragging the company to a rare quarterly net loss. Disney is also feeling pressure from activist investor Nelson Peltz, who is seeking to gain more control of the company's board. Perlmutter is one of the largest single shareholders in the company and has entrusted his stake in Disney to Peltz's Trian Fund Management. Tune in: CNBC's Julia Boorstin is set to interview Disney CEO Bob Iger at 4:05 p.m.

Persons: Walt Disney, Mickey Mouse, Bob Iger's, Nelson Peltz, There's, Ike Perlmutter, Perlmutter, Julia Boorstin, Bob Iger Organizations: Magic, Walt Disney World, –, Netflix, Disney, Marvel Entertainment, Trian Fund Management, Comcast, CNBC Locations: Lake Buena Vista , Florida, Hulu, Disney, NBCUniversal

☆ Disney's board is in focus as activist investor Nelson Peltz considers his next move
▼ + stars: | 2023-11-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Activist investor Nelson Peltz may be intent on making sure Disney directors don't get that luxury. He tried earlier this year to get himself on the Disney board, only to be rebuffed by Iger and eventually walk away in February. Disney's board has also struggled to groom a successor to Iger, who has five times renewed his contract to stick around as CEO. Still, to sway Disney shareholders to vote for Peltz or other board members, Trian may need to push for specific ideas or financial engineering that Disney hasn't already articulated. If not, his next move could be a public fight to get himself and others on Disney's board.

Persons: Nelson Peltz, Ike Perlmutter, Bob Iger, Trian hasn't, Peltz, Hugh Johnston, Iger, Trian, Gamble, Bob Chapek, Mark Parker, Mary Barra, there's Organizations: Disney, Trian, Management, Marvel Entertainment, PepsiCo, Paramount Global, Comcast, Warner Bros, Discovery, AMC Networks, Lions, Entertainment, Proctor, Nike, General, Iger, CNBC, ABC, ESPN Locations: Iger

☆ Bob Iger's return as Disney's CEO once sparked hope inside the company. Now, insiders are anxious and losing faith.
▼ + stars: | 2023-11-07 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com time to read: +15 min

"There was a lot of excitement and hope at the return of Bob Iger a year ago," a current Disney staffer told Insider. Uncertainty about the company's future and about who's deciding what on the creative side has left execs in a state of inertia, according to an entertainment lawyer with knowledge of Disney's business. The declining linear TV business culminated in a standoff with Charter Communications over terms for a new contract for carrying Disney's cable channels. And Disney's streaming business, which was supposed to make up for the decline in cable revenues, has lost $11 billion since Disney+ launched in 2019. Churn is a top concern in Disney streaming, some employees said.

Persons: Goofy, what's, Bob Iger, Bob Chapek, He's, confidants, Zenia Mucha, Alan Braverman, Alan Horn, Jayne Parker, Christine McCarthy —, Mickey, Ariel, grumbled, Iger's, It's, he's, Iger, Paul Verna, Chapek, Bob, it's, Ron DeSantis —, Iger —, Nelson Peltz, he'd, hasn't, Verna, Disney, Ike Perlmutter, Peltz, Perlmutter, Ike, Disney's, Paul Singer, Kevin Mayer, Tom Staggs, Puck, Stagg's Blackstone, Intelligence's Verna Organizations: Walt Disney Co, Disney, ABC, Hollywood, CNBC, Writers Guild of America, Wall, Insider Intelligence, Marvel, Lucasfilm, Century Fox, Google, Facebook, Netflix, Communications, Florida Gov, Hulu, ESPN Iger, FX, Geographic, ESPN, Apple, Electronic, Elliott Investment Management, Bloomberg, Mayer Locations: Burbank, Hollywood, Florida's, Iger

☆ Peltz’s Push for Disney Board Seats Boosted by Perlmutter’s Shares
▼ + stars: | 2023-10-30 | by ( Lauren Thomas | Robbie Whelan | ) www.wsj.com time to read: 1 min

Nelson Peltz, co-founder and chief executive officer of Trian Fund Management, is pressing Disney for multiple board seats. Photo: Calla Kessler/Bloomberg NewsBillionaire and former Marvel executive Isaac “Ike” Perlmutter offered moral and logistical support to his friend Nelson Peltz last year when the activist investor campaigned for big changes at Disney . As Peltz prepares a fresh challenge to the company, Perlmutter is proving to be a key financial ally, too.

Persons: Nelson Peltz, Calla Kessler, Isaac “ Ike ” Perlmutter, Peltz, Perlmutter Organizations: Trian Fund Management, Bloomberg News Billionaire, Marvel, Disney

☆ Here are 2 stocks Jim Cramer is "most concerned about" and 1 name that he likes
▼ + stars: | 2023-10-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Watch the Treasury bond auctions as Jim Cramer said in his Sunday column . Both are Club stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Jim, Trian's Nelson Peltz, Ike Perlmutter, It's, Jim Cramer's Organizations: CNBC, Wall, Dow, Nasdaq, Apple, Disney

☆ Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
▼ + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +88 min

Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.

Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, —, who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America

The eight candidates who sparred in the GOP debate still face the tough challenge of chipping away at Trump’s lead in the race. NBC News’ Shaq Brewster watched the debate with a group of two-time Trump voters in Waukesha, Wis.. Asked to raise their hand if the debate made them interested in a candidate other than Trump, all four voters kept their hands down. Still, Benfield plans to support Trump’s campaign next year. Hoosier showdown: GOP Rep. Jim Banks’ Senate run got a boost during the GOP debate, with the conservative group launching an ad on Fox News supporting his bid.

Persons: Trump’s, Shaq Brewster, Scott, Trump, Mike Benfield, Brewster, Ramaswamy, “, ” Benfield, Benfield, ”, Biden, they’re, Peter Alexander, Elyse Perlmutter, Grace Jaworski, Megan Lebowitz, Ron DeSantis, fundraise, Donald Trump, DeSantis, Matt Dixon, David Sachs, Vivek Ramaswamy, Puck, ’ Ryan Reilly, Jim Banks, Banks, John Rust Organizations: GOP, NBC, Trump, New York, Florida Republican Gov, Florida Republicans, Senate, Fox News Locations: Waukesha, Wis, Reno, Nev, Florida, Atlanta, Fulton County

☆ Meet the world's secretive billionaires who give stealth wealth a whole new meaning, from Ike Perlmutter to Philip Anschutz
▼ + stars: | 2023-08-16 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

He's been called "America's most reclusive billionaire." Meet Philip Anschutz, who has been dubbed "America's most reclusive billionaire." The 83-year-old owns Anschutz Entertainment Group, or AEG, which is the parent company of Coachella. "Anschutz is sort of like the Wizard of Oz," Los Angeles economist Jack Kyser told the Los Angeles Times in 2006. Nobody sees him, yet he has a huge impact on Los Angeles."

Persons: Philip Anschutz Philip Anschutz, He's, Reed, You've, Philip Anschutz, Anschutz, William Herbert Hunt, Oz, Jack Kyser Organizations: Reed Saxon, Forbes, Anschutz Entertainment Group, AEG, Coachella . AEG, Wyoming -, Mobil, Rio Grande Railroad, Southern Pacific Railroad, Anschutz, Bloomberg, Los Angeles Times Locations: Coachella, Wyoming, Wyoming - Utah, Rio Grande, Angeles, Los Angeles

☆ Biden to keep Julie Su on indefinitely as Labor chief despite lack of Senate votes
▼ + stars: | 2023-07-21 | by ( Sahil Kapur | Liz Brown-Kaiser | ) www.cnbc.com time to read: +5 min

The White House plans to use a little-known law to keep Acting Labor Secretary Julie Su in the job even if she fails to win Senate approval, a White House official told NBC News. "Upon Secretary Walsh's departure, Acting Secretary Su automatically became Acting Secretary under its organic statute, not under the Federal Vacancies Reform Act," the White House official said in an email. "As a result, Su is not subject to the time limits of the Federal Vacancies Reform Act and she can serve as Acting Secretary indefinitely." But Su's nomination for labor secretary has since stalled in the Senate, where Democrats control 51 votes and expect unified Republican opposition. "The President's support for Acting Secretary Su is unwavering," the White House official said.

Persons: Julie Su, Walsh's, Su, Marty Walsh, Sen, Joe Manchin, Kyrsten Sinema, hasn't, Joe Biden, Biden, Julie Su's, Bill Cassidy, Kevin McCarthy, Mitch McConnell, Donald Trump, Chuck Schumer, — Elyse Perlmutter, Gumbiner Organizations: Education, Department of Labor, White, Labor, NBC, Federal, White House, NBC News, Senate, Health, Pensions, GOP, Republican, Democratic, Wednesday Locations: Rayburn, Ky

☆ Former Disney, Marvel exec Ike Perlmutter plans major donation to back Trump for president
▼ + stars: | 2023-07-13 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

US President Donald Trump shakes Ike Perlmutter, CEO of Marvel Entertainment, hand before signing an executive order at the US Department of Veterans Affairs April 27, 2017 in Washington, DC. Ike Perlmutter, the former chairman of Marvel Entertainment at Disney , is planning a key donation to back former President Donald Trump's 2024 run for president, according to his spokesman. His wife gave over $2 million to the same pro-DeSantis PAC, according to the records. Disney doesn't have the right to get involved with politics," Perlmutter reportedly told DeSantis in a phone call. Perlmutter told the publication he doesn't remember such a call taking place.

Persons: Donald Trump, Ike Perlmutter, Donald Trump's, Perlmutter, Trump, Perlmutter's, Ron DeSantis, Vivek Ramaswamy, Ron, DeSantis, Bob Iger, Iger Organizations: Marvel Entertainment, US Department of Veterans, Disney, Trump, PAC, Commission, Department of Veterans Affairs, Marvel, Republican, Florida Republican Gov, DeSantis PAC, The New York Times, Wall Street Journal, CNBC, Star Wars Locations: Washington , DC, Florida

☆ Was mass hysteria behind the mysterious case of 227 middle school students fainting last fall?
▼ + stars: | 2023-06-02 | by ( Lillian Perlmutter | ) www.businessinsider.com time to read: +22 min

On September 23, 2022, 12-year-old Esmeralda walked out of the girls' bathroom at her middle school in Tapachula, Mexico, and fainted. Mexican President Andrés Manuel Lopez Obrador began including regular updates on the government's investigation into the fainting episodes in his daily press conferences. Dr. Carlos Alberto Pantoja Meléndez, one of Mexico's few field epidemiologists, had taken an interest in the fainting episodes. News of the initial fainting episodes had been shared there, the epidemiologist, who asked to remain anonymous, told Pantoja-Melendez. Both believe that the fainting episodes in Mexico were examples of something new and alarming: mass hysteria spreading online.

Persons: Esmeralda, Diala, Gladys, Esmeralda's, convulsing, Esmeralda Eva Alicia Lépiz, —, Esmerelda, Mami, Andrés Manuel Lopez Obrador, Gladys didn't, Bochil, Luis Villagrán, bristled, Susanna, Tapachula, Diala's, José Eduardo Morales Montes, they'd, Eva Alicia Lépiz, Hidalgo —, I've, Carlos Alberto Pantoja Meléndez, Pantoja Meléndez, Meléndez, Robert Bartholomew, Bartholomew, Lopez Obrador, busily, Simon Wessley, schoolgirls, twitching, we'll, Pantoja, Melendez, Bartholomew said, we're, We've, who's Organizations: Federal, Central America, Journalists, Mexico City —, Mexico City, Universidad Autónoma Nacional, University of Auckland, Roswell, Kings College, New York, Health Department, Pantoja Locations: Tapachula, Mexico, Bochil, Mexican, Chiapas, Mexico City, El Pais, Chiapas —, Central, Esmeralda, Mexico City — Tlaxcala, Hidalgo, México, University of Auckland , New Zealand, Veracruz, London, Southern Mexico, Kanshasa, Tanzania, Blackburn , England, Sweden, Pyuthan, Nepal, Leroy , New York, Tapachula .

☆ New study suggests Black women should be screened earlier for breast cancer
▼ + stars: | 2023-04-19 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +12 min

CNN —A new study on breast cancer deaths raises questions around whether Black women should screen at earlier ages. Even though Black women have a 4% lower incidence rate of breast cancer than White women, they have a 40% higher breast cancer death rate. “When the breast cancer mortality rate for Black women in their 40s is 27 deaths per 100,000 person-years, this means 27 out of every 100,000 Black women aged 40-49 in the US die of breast cancer during one year of follow-up. They also wrote that health policy makers should pursue equity, not just equality, when it comes to breast cancer screening as a tool to help reduce breast cancer death rates. Having dense tissue in the breast can make it more difficult for radiologists to identify breast cancer on a mammogram, and women with dense breast tissue have a higher risk of breast cancer.

The Merck/Moderna collaboration is one of several combining powerful drugs that unleash the immune system to target cancers with mRNA vaccine technology. BioNTech SE (22UAy.DE) and Gritstone Bio Inc (GRTS.O) are working on competing cancer vaccines based on mRNA technology. Barr said it took about eight weeks to design a personalized mRNA vaccine for each patient. In the past, similar experimental cancer vaccines were developed targeting a single tumor mutation, or neoantigen. With mRNA technology in combination with Keytruda, "we can create this shotgun approach ... that can create a more potent immune response," Barr said.

The Merck/Moderna collaboration is one of several combining powerful drugs that unleash the immune system to target cancers with mRNA vaccine technology. BioNTech SE (22UAy.DE) and Gritstone Bio Inc (GRTS.O) are working on competing cancer vaccines based on mRNA technology. Barr said it took Moderna about eight weeks to design a personalized mRNA vaccine for each patient. In the past, similar experimental cancer vaccines were developed targeting a single tumor mutation, or neoantigen. With mRNA technology in combination with Keytruda, "we can create this shotgun approach ... that can create a more potent immune response," Barr said.

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