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AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.
Persons: , Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London
CNN —Coco Gauff came from behind to defeat Ons Jabeur at the French Open on Tuesday and advance to the semifinals. After losing a tight opening set, Gauff recovered to win 4-6 6-2 6-3 against the eighth-seeded Jabeur, who continues her chase for a first grand slam title. The 20-year-old Gauff, meanwhile, is hoping to add to the US Open title she won last year. She was playing really well the whole match,” Gauff said in her on-court interview. “I got a little bit tight on the last couple of match points, but I think I did what I needed to do to win the match,” Gauff admitted.
Persons: Coco Gauff, Gauff, Jabeur, Roland Garros, ” Gauff, , Clive Mason, Opta, Maria Sharapova, Świątek, Vondroušová Organizations: CNN, Czech Locations: American
CNN —Ancient rock engravings in what’s now South America — believed to be among the largest in the world — were meant to mark the boundaries of the territories inhabited by their makers, according to a new study. The rock art at Cerro Pintado, about 42 meters long, includes a giant snake, a human figure, a mask motif and a multilegged creature. Philip Riris et al. Monumental rock art of a snake tail in Colombia dwarfs the humans in this image. A close-up shows a detail of rock art on Picure Island, Venezuela.
Persons: South America —, Philip Riris et, , Philip Riris, , Riris, they’re, ” Riris, weren’t, don’t, constricting, José Oliver, Natalia Lozada Mendieta —, Oliver, Lozada Mendieta, George Lau, Dr, Alexander Geurds, Geurds, doesn’t, ” Geurds, Organizations: CNN, Venezuela —, Cerro Pintado, Bournemouth University, University College London, Universidad de Los, Colombian, Venezuelan, University of East, University of Oxford Locations: what’s, South America, Venezuela, Colombia, Pintado, Cerro, Cerro Pintado, United Kingdom, Universidad de Los Andes, Americas, University of East Anglia, American
In today's big story, we're looking at China's strict approach to overseeing its AI development and the threat it poses to the world. The country's history of censorship and surveillance is extending to its approach to AI , writes Business Insider's Linette Lopez. AdvertisementThe CCP's plan for AI is about shaping reality and enforcing its power, according to internal documents. What to do ahead of May's jobs report. Permabull Tom Lee said it's a great time to buy stocks — shocking — with a new jobs report set to drop on Friday.
Persons: , Kiran Ridley, Stringer, Getty, Tyler Le, Insider's Linette Lopez, Linette, chatbots, Jinping, Xie Huanchi, we've, Ken Griffin's, Permabull Tom Lee, it's, Stocks, Keith Gill, It's, Amazon's, Alyssa Powell, boomer, Gen, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett, Annie Smith Organizations: Service, Harvard, Business, Chinese Communist Party, of, People, Getty, Citadel Securities, BI, GameStop, Cloud, Prime, Apple, American Express, Research, Boomers Locations: China, Beijing, Xinhua, New York, London, Chicago
GameStop shares surged ahead of Monday's opening bell after trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," revealed he holds a $116 million stake in the struggling retailer. AdvertisementThe stock was up 84% in premarket trading shortly before 5 a.m. Eastern Time after an account snapshot posted on Reddit's r/SuperStonk forum revealed that Gill holds five million GameStop shares. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Keith Gill, Gill Organizations: GameStop, Business
Paramount and Skydance agree to terms of a merger deal
  + stars: | 2024-06-03 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +2 min
Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A Paramount special committee and the buying consortium — David Ellison's Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms. The deal currently calls for Redstone to receive $2 billion for National Amusements, Faber reported Monday. Following the close of the deal, Skydance and RedBird would own two-thirds of Paramount, and the class B shareholders would own the remaining third of the company, Faber reported. The deal will not require a vote from the shareholders, which was part of the negotiations, Faber reported.
Persons: Skydance, CNBC's David Faber, — David Ellison's Skydance, KKR —, Shari Redstone, Faber, RedBird, Paramount's, Bob Bakish, George Cheeks, Chris McCarthy, Brian Robbins Organizations: Paramount, Columbia, , RedBird Capital, KKR, Amusements, Apollo Global Management, Sony Pictures, National Amusements, Wall Street, CNBC, Apollo, Sony, Redstone, CBS, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon Locations: Hollywood , California
In ‘Clipped,’ Cleopatra Coleman Spreads Her Wings
  + stars: | 2024-06-03 | by ( Alexis Soloski | ) www.nytimes.com   time to read: +2 min
Cleopatra Coleman began with red, swirling it toward pink with a fine-tipped brush. An oval appeared on the paper, and then smaller marks joined it — ears, eyebrows, a line for a nose. “I always draw this woman,” Coleman said. “I don’t know why.”This was on a bright May morning and Coleman, a star of the FX limited series “Clipped,” premiering Tuesday on Hulu, was at Happy Medium, an art cafe around the corner from her temporary apartment in Greenpoint, Brooklyn. So this morning, on a day off from filming a new series, “Black Rabbit,” she had taken herself on a date.
Persons: Cleopatra Coleman, ” Coleman, , Coleman, George, , “ It’s, Donald Sterling Organizations: New York State Summer School, Arts, Los Angeles Clippers Locations: Hulu, Greenpoint , Brooklyn, Manhattan
Amazon founder Jeff Bezos sold more than a million shares last week, per an SEC filing. Some of the money will be used to fund the billionaire's chain of nonprofit preschools. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJeff Bezos sold around 1.1 million Amazon shares last week — and used the money raised to fund his "Montessori-inspired" nonprofit preschools, SEC filings show. The world's third-richest man sold 431,426 shares on May 29 and 667,260 shares on May 30, with the $117 million raised from the second of those sales going to Day 1 Academies, a chain founded by Bezos.
Persons: Jeff Bezos, , Bezos Organizations: SEC, Service, Business
AdvertisementI made a point to visit the Villa Zorayda MuseumThe Villa Zorayda Museum was modeled after the Alhambra Palace in Spain. Megan duBoisI've passed by the Villa Zorayda Museum many times while exploring St. Augustine, but I'd never ventured inside until this visit. The Spanish influence is visible all over the city's architectureMore showcases of Spanish architecture can be found around the city. For a Spanish-inspired drink, I went straight to Columbia RestaurantI love the white sangria at Columbia Restaurant. I shared a pitcher of white sangria with two other people, and it was loaded with fresh citrus and a splash of Torres 10 brandy.
Persons: , I've, Megan duBois I've, Augustine, I'd, Megan duBois, Ponce de Leon Hall, Leon Hall, Ponce de Leon, George Street, Castillo, San, Castillo de San, San Marcos — Organizations: Service, Business, Villa Zorayda, Villa Zorayda Museum, Ponce de, Leon, Ponce, Lightner, Museum, Spanish, Columbia, Historic District, San Marcos Locations: Spain, Barcelona, St, Augustine , Florida, Jacksonville, Granada, Moroccan, Ponce, Flagler, Ponce de, Spanish, Penedes, San Marcos, Castillo de San Marcos
Roughly four years ago, Mondaire Jones and Jamaal Bowman made history together. Young, left-leaning Democrats, they won hard-fought primaries in neighboring districts to became the first Black men ever to represent New York’s Westchester County in Congress. Now, they find themselves deeply at odds over the Israel-Hamas war, a break so sharp that Mr. Jones vowed on Monday to help defeat Mr. Bowman in the Democratic primary on June 25 and endorse his opponent, George Latimer. Mr. Jones said in an interview that he could not sit by while Mr.
Persons: Mondaire Jones, Jamaal Bowman, Young, Jones, Bowman, George Latimer, Latimer, Latimer’s, Israel, Organizations: Democratic Locations: New, Westchester County, Congress, Israel
CNN —Fans of Taylor Swift and Travis Kelce curious about where the couple’s relationship is headed can thank Jason Sudeikis for trying to get them closer to some answers. (L-R) Jason Sudeikis, Robert Smigel, Patrick Mahomes, George Wendt, and Travis Kelce perform onstage during 2024 Big Slick Celebrity Weekend on Saturday. That’s what four tickets cost to her concert anyway.”“She just got to Kansas City, boys. Kelce responded to Sudeikis’ interrogation with an embarrassed smile and an awkward chuckle, as he seemingly waited for it all to be over. Swift and Kelce began dating last summer and the singer is often spotted cheering on the athlete at his games.
Persons: Taylor Swift, Travis Kelce, Jason Sudeikis, Kelce, Sudeikis, Robert Smigel, George Wendt, Big, Patrick Mahomes, Kyle Rivas, Smigel, Wendt, , Taylor, Jesus, ” Kelce, “ Travis, Ted Lasso ”, ” Sudeikis, “ Taylor, Harrison Butker, Swift Organizations: CNN —, NFL, Kansas City Chiefs, Kansas City Locations: Kansas City , Missouri, Kansas
CNN —Real Madrid announced the signing of French superstar Kylian Mbappé on a five-year deal on Monday, ending one of the longest-running transfer sagas in soccer. Mbappé’s move from Paris Saint-Germain comes two days after Real won a record-extending 15th European Cup with victory over Borussia Dortmund, adding further star quality to the team’s attack. Mbappé wrote on social media shortly after the announcement was made that the move was “a dream come true.”“So happy and proud to join the club of my dream @Real Madrid,” he said alongside a photo of himself when he was younger in a Madrid jacket. He played more than 300 games for the club, scoring his 250th goal in March and winning the Ligue 1 title a month later. But that could change at Real Madrid, with Los Blancos boasting unprecedented success in the competition, having won six European crowns over the past 10 years.
Persons: Kylian Mbappé, Germain, Vinícius Jr, Jude Bellingham, Mbappé, , Hala, – Mbappé, Blancos, Neymar Jr, Real, , Frenchman Organizations: CNN — Real Madrid, Paris Saint, Real, Borussia Dortmund, Jude Bellingham –, PSG, Ligue, , AS Monaco –, League, France, Real Madrid, Monaco, Mbappé, Real – Locations: Paris, Madrid, Hala Madrid
The trader Keith Gill, known as Roaring Kitty, seemed to show he had a $116 million position. The meme stock also surged last month after Gill broke a three-year social-media silence. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGameStop shares surged at Monday's opening bell after the trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," appeared to disclose a $116 million stake in the struggling retailer. ET after a screenshot showing five million GameStop shares was posted from Gill's account on Reddit's r/SuperStonk forum.
Persons: Keith Gill, Kitty, Gill, Organizations: GameStop, Service, Business
CNN —Republican National Committee co-chair Lara Trump said Sunday that Maryland Republican Senate candidate Larry Hogan “doesn’t deserve the respect” of any Republican after he urged Americans to respect the verdict in Donald Trump’s hush money trial before it was delivered. I think it’s ridiculous,” Lara Trump, who is also the former president’s daughter-in-law, said. Asked Sunday whether the RNC would withhold money from Hogan’s campaign, Lara Trump declined to answer directly but again called Hogan’s statement “ridiculous.”“I’ll get back to you on all the specifics monetarily. Lara Trump added Sunday that “the American people have really spoken up” after the hush money conviction. It has gone way too far,” Lara Trump added.
Persons: Lara Trump, Larry Hogan “ doesn’t, Donald Trump’s, CNN’s Kasie, ” Lara Trump, , Hogan, Donald Trump, ” Hogan, “ I’ll, , George H.W, Bush Organizations: CNN — Republican National Committee, Maryland Republican, Union, Republican Party, Trump, Republicans, Democratic, Democratic Party, Republican, Old, RNC Locations: “ State, Maryland, America, Manhattan, State
The anti-obesity drug market will be worth $130 billion by 2030, Goldman Sachs said. New products such as Eli Lilly's Zepbound prompted the bank to raise its forecast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe market for weight-loss drugs such as Ozempic and Wegovy will keep surging due to new products including Eli Lilly's Zepbound, according to Goldman Sachs. In a research note the bank forecast that the sector will be worth $130 billion by 2030 — $30 billion higher than its previous projection.
Persons: Goldman Sachs, Eli Lilly's Zepbound, , Wegovy, Eli Lilly, Chris Shibutani Organizations: FDA, pharma, Service, Nordisk, Business Locations: Danish
I supervised judges presiding over a wide spectrum of cases, dealing with complex legal issues, angry victims, difficult defendants and intense media scrutiny. And since Donald Trump was found guilty on 34 counts, Justice Merchan has come under further vicious attack. As a retiree, I was able to attend each day of the Trump trial. Since the indictment over the cover-up of hush-money payments was issued last year, Justice Merchan has been subjected to an unrelenting pressure campaign. Most judges strive to maintain their composure under the greatest of stress, but few succeed — yet Justice Merchan remained cool, calm and collected at every step of the trial.
Persons: Juan Merchan, Donald Trump, Merchan, Trump Organizations: Bronx . Locations: Brooklyn , Queens, Bronx, Manhattan, America
The top prosecutor in Minneapolis has dropped murder charges against a state trooper who fatally shot a motorist last year after a traffic stop, her office said on Sunday, a stunning turnaround in a case that ignited a political firestorm. The trooper, Ryan Londregan, had been charged with second-degree murder in the killing of Ricky Cobb II. But the prosecutor, Mary Moriarty, a longtime public defender who was elected Hennepin County attorney in 2022, said she concluded that the evidence was too weak to take to trial. For months, Ms. Moriarty defended the murder charges amid criticism from both Democratic and Republican officials, as well as law enforcement officials. Mr. Cobb, 33, was Black; Trooper Londregan, 27, is white.
Persons: Ryan Londregan, Ricky Cobb, Mary Moriarty, Moriarty, , George Floyd, Cobb, Londregan Organizations: Hennepin, Democratic, Republican Locations: Minneapolis, Hennepin County
Liaoning and ShandongAircraft carrier Liaoning set out for sea trials at Dalian shipyard with the help of tugboats. A J-15 fighter takes off from aircraft carrier Shandong during the combat readiness patrol and military exercises around Taiwan. Aircraft carrier USS Gerald R. Ford sails in the Adriatic Sea. China has no experience operating carrier catapults on its warships (though it did study carrier catapults when it purchased the decommissioned Australian carrier HMAS Melbourn from Canberra in 1985 under the guise of scrapping). AdvertisementChina's third aircraft carrier, the Fujian, docks in Shanghai with a Chinese flag seen in the foreground.
Persons: , Kuznetsov, Pu, Gerald R, Ford, George H.W, George H.W . Bush, Smith, Jackson Adkins, John F, Kennedy, Doris Miller, Dwight D, Eisenhower, Jacob Mattingly, Li Gang, Timothy Heath, Heath, China's, Benjamin Brimelow Organizations: Service, US Navy, Business, Shandong Aircraft, Getty, People's Liberation Army Navy, Getty Images Fujian, EA, Jiangnan Shipyard, Getty Images, PLAN, Xinhua News Agency, Nimitz, Ford, Aircraft, Greyhound, Navy, Carrier, USS Enterprise, Pacific Fleet, Shandong, RAND Corporation, US, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Shanghai, Fujian, China, China's, Liaoning, Dalian, Shandong, Soviet, Ukraine, Taiwan, Xinhua, Getty Images China, George H.W ., Adriatic, Melbourn, Canberra, Sanya, Hainan Province, West
Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Italy is caught in an envious trap: it can't live without tourists, but it's having trouble handling the influx, particularly after Covid. He considers himself fortunate he's a boat driver: he pities the poor tourists who rent cars or try to find an elusive taxi. A general picture shows the main facade of the Pantheon in Piazza della Rotonda on March 30, 2024 in Rome, Italy. The famous Villa La Cassinella on the lake can be yours, for 100,000 euros a week.
Persons: Covid, Taylor Swift, Travis Kelce, there's, Croissants, it's, George Clooney's, Villa D'Este, Clooney, Villa, Uber, Rick Steves, Uber Van, Steves Organizations: Villa, Italian Association of Employment, Milanese, risotto Milanese, La Scala, Villa Oleandra Locations: Venice, Italy, Bellagio, Lake Como, Tremezzo, Paris, Piazza della, Rome, Milan, Marche, Sardinia, New York, Camparino, Villa, North America
JPMorgan just published its 25th annual summer reading list. The bank suggests 11 titles it believes capture a world experiencing "radical shifts." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . JPMorgan Asset and Wealth Management's chief communications officer Darin Oduyoye touted the bank's picks as an attempt to capture a world experiencing "radical shifts." This story is available exclusively to Business Insider subscribers.
Persons: Matt Damon, , Darin Oduyoye Organizations: JPMorgan, Service, Wealth, Business
But this was no ordinary extraordinary case. And President Biden was no disinterested bystander. If Mr. Biden spoke out directly, he would doubtlessly feed into Mr. Trump’s false narrative that the prosecution was nothing more than a political hit job to take out his challenger. Mr. Biden’s damned-if-you-do, damned-if-you-don’t conundrum meant that his political risks essentially outweighed his presidential imperatives. While many of his predecessors have played a pastoral role at other moments when the justice system was tested during incendiary cases — think Rodney King, Michael Brown or George Floyd — Mr. Biden concluded that speaking out would make things worse, not better.
Persons: Biden, Donald J, Trump, Biden’s, Rodney King, Michael Brown, George Floyd — Mr Organizations: White Locations: United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed policy at restrictive levels but economy hasn't made enough progress to cut, says former KC Fed presidentEsther George, former Kansas City Fed president, joins 'Squawk on the Street' to discuss if the Federal Reserve's policy is restrictive enough, if the Fed could lower rates in September, and signs that demand is weakening.
Persons: hasn't, Esther George Organizations: KC, Kansas City Fed, Federal Locations: Kansas
In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."
Persons: , Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London
After a curtain call at a recent performance of “Hamilton,” Trey Curtis, who stars as Alexander Hamilton, put his arm around J. Quinton Johnson, who had played George Washington. They basked in the applause, shared a laugh and walked together offstage at the Richard Rodgers Theater. A block away, and nearly simultaneously, Vincent Jamal Hooper, who stars as Simba in “The Lion King,” was absorbing the cheers of the 1,700 theatergoers at the Minskoff Theater. It had been about a decade since the three men, now 29, had spent aimless nights in Austin, Texas, riding around in Mr. Johnson’s 2007 Jeep blasting show tunes — dreaming of plays they were still to perform in and music they were yet to write. Today, they are musical theater stars, appearing in some of the most commercially and critically acclaimed productions on Broadway.
Persons: “ Hamilton, ” Trey Curtis, Alexander Hamilton, Quinton Johnson, George Washington, Richard Rodgers, Vincent Jamal Hooper, Simba, Organizations: Richard, Richard Rodgers Theater, Broadway Locations: Austin , Texas
Like many flags and historical symbols, the Appeal to Heaven flag has multiple meanings and has been used in differing capacities. What is ‘An Appeal to Heaven?’The Appeal to Heaven flag, or “Pine Tree” flag, features a green pine tree on a white field, with the words “An Appeal to Heaven” in black text above it. The pine tree retained this meaning of resistance, and has appeared on some state flags and seals. However, the polarizing recent history of the Appeal to Heaven flag is starting to become known. This week, the city of San Francisco made the decision to remove an “Appeal to Heaven” flag that flew alongside several other flags over City Hall.
Persons: Samuel Alito, Mike Johnson’s, George Washington’s, Alito, Johnson, , John Locke’s “, Donald Trump, Trump, Carolyn Kaster, Jemar Tisby, Tisby, Barack Obama’s, Sheets, “ It’s, it’s, ” Sheets, “ There’s, Mike Johnson, CArlos Barria, George Washington, , ” Alito, San Francisco, Daniel Montez, Josh Du Lac Organizations: CNN, American, Continental Army, Trump, Simmons College, Tea Party, Republican, Christian, Associated Press, , City, Francisco Recreation, Parks Locations: New Jersey, Massachusetts, San Francisco’s, British, New England, Washington ,, Kentucky, Gadsden, Ohio, San, Francisco
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