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☆ Bloomberg LP names Vlad Kliatchko CEO in top level overhaul - The Information
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

Former mayor of New York Michael Bloomberg speaks during a meeting with Earthshot prize winners and finalists at the Glasgow Science Center during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Alastair Grant/Pool via REUTERS/File Photo Acquire Licensing RightsAug 21 (Reuters) - Bloomberg LP is replacing CEO Michael Bloomberg with product head Vlad Kliatchko and appointing former Bank of England governor Mark Carney as its chair in a management shake-up, the Information reported on Monday, citing an internal memo. New members will be appointed to the board and existing members will become emeritus, according to the report. Thomson Reuters-owned Reuters News competes with Bloomberg News, a unit of Bloomberg L.P. Reporting by Yuvraj Malik in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: New York Michael Bloomberg, Alastair Grant, Michael Bloomberg, Vlad Kliatchko, Mark Carney, JP Zammitt, Patti Roskill, Thomson, Bloomberg L.P, Yuvraj Malik, Arun Koyyur Organizations: New York, Glasgow Science Center, Change, Bloomberg, Bank of England, Thomson Reuters, Reuters, Bloomberg News, Thomson Locations: Glasgow, Scotland, Britain, Bengaluru

☆ Bloomberg L.P., a Financial Data Giant, Overhauls Its Leadership Ranks
▼ + stars: | 2023-08-21 | by ( Benjamin Mullin | More About Benjamin Mullin | ) www.nytimes.com time to read: +1 min

Michael R. Bloomberg, the founder of the financial data colossus Bloomberg L.P., announced a new chief executive and president on Monday, a possible indication of who will take over for him when he steps away from the company. Mr. Bloomberg, 81, also announced plans to appoint a new board to steer the business, a purveyor of data terminals that generates more than $12 billion in revenue annually. Vlad Kliatchko, 54, Bloomberg’s chief product officer, was appointed chief executive of the company, Mr. Bloomberg said in a memo to employees Monday. Mr. Bloomberg said in his memo that he had no plans to step away any time soon, noting that he was not taking on any new title. Neither Mr. Zammitt nor Mr. Kliatchko is replacing anyone at the company; the last chief executive at Bloomberg, Dan Doctoroff, stepped down in 2014.

Persons: Michael R, Bloomberg L.P, Vlad Kliatchko, Bloomberg, Jean, Paul Zammitt, Zammitt, Kliatchko, Dan Doctoroff Organizations: Bloomberg

☆ Vlad the Impaler, the terrifying ruler and inspiration behind Dracula, may have cried actual tears of blood, scientists say
▼ + stars: | 2023-08-18 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Scientists have analyzed letters written by Vlad the Impaler in the 15th century. Traces of protein on the letters suggest he suffered from hemolacria, which causes blood to be present in tears. There are a wide variety of disorders that can cause blood tears, ranging from blood clotting issues to unusual menstruation. Analysis of the proteins found traces of a bacteria that causes plague, but this disease is not linked to blood tears. "To our reckoning, this is the first time such research has been carried out and has helped to bring to the limelight the health status of Vlad Dracula the Impaler," the authors said in the study.

Persons: Vlad, Dracula, Vlad III, Vlad Drăculea, Pittalá, Maria Gaetana Giovanna Pittalà, Vincenzo Cunsolo, —, Vlad the, Alexandreea Alexandru, Bram Stoker, Stoker, Vlad Dracula Organizations: Service, University of Catania Locations: hemolacria, Wall, Silicon, Italy

During a week spent with troops around the town of Orikhiv, CNN saw a palpable improvement in morale as some advances appeared to be made. Destroyed buildings in the city of Orikhiv in Ukraine's Zaporizhzhia region, which has been pummelled for months by Russian bombardment. Russian air superiority is taking Ukrainian lives daily, with half-ton bombs landing frequently – sometimes 20 in as many minutes. Ukrainian troops constantly relocate and hide their vehicles at every opportunity to frustrate Russian targeting. Brice Lane/CNNA Ukrainian tank fires from a treeline towards Russian forces on the country's southern frontline.

Persons: Eastern Ukraine CNN —, Ukraine’s, that’s, –, ”, Vitaly, Brice Lane, chatted, Eugene, “, Vlad, ” Eugene, Andrei, CNN Vlad, …, Julia, it’s Organizations: Eastern Ukraine CNN, NATO, CNN, 15th National Guard, Kyiv, 15th National Guard Brigade, ”, Russian Locations: Eastern Ukraine, Soviet, Robotine, Orikhiv, Ukraine's Zaporizhzhia, Kharkiv, Ukraine, Russian, Ukraine's, Ukrainian

☆ Cloud stocks falter as Datadog trims 2023 revenue expectations
▼ + stars: | 2023-08-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Cloud stocks slipped on Tuesday, after one of the more prominent ones, Datadog , lowered its full-year revenue guidance as organizations remain engaged in cost-saving exercises. Then inflation hit, central bankers raised interest rates, and investors began selling holdings in fast-growing cloud stocks and rotating into safer investments that could more consistently offer returns. Executives at many cloud companies responded by reducing overhead, sometimes in the form of layoffs. Cloud stocks began to rebound, but many, including Datadog, have yet to trade above their record highs from 2021. Like Datadog, Everbridge , whose software helps companies respond to emergencies, lowered its growth expectations for the full year on Tuesday.

Persons: Datadog, Refinitiv, Olivier Pomel, Pomel, Bernstein, Peter Weed, Covid, RingCentral, Hewlett Packard, Tarek Robbiati, Vlad Shmunis, Sonalee Parekh, Patrick Brickley Organizations: Computing Fund, Bernstein Research, Nasdaq Locations: U.S, Smartsheet, Snowflake

☆ Get nearly 5% on your idle cash at this brokerage firm
▼ + stars: | 2023-08-04 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

If you're hoping to earn a return on cash that's merely sitting in your investment account, a handful of brokerage firms have sweetened the yields on your idle dollars. Whether you're buying short-term Treasurys or locking money into a certificate of deposit, you stand to make money on your cash. Robinhood Gold, a subscription service for retail investors, is now paying an annual percentage yield of 4.9% on money in cash sweep accounts. Cash sweep balances in Robinhood Gold have grown to $11 billion, more than doubling since the beginning of the year. Other firms hike their yields on cash as they aim to attract more deposits, which seems to be the case at Robinhood. "

Persons: we've, Vlad Tenev, IBKR, HOOD, Craig Siegenthaler, — CNBC's Michael Bloom Organizations: Federal Reserve, Fidelity, Vanguard, Bank of America, LPL, Interactive Brokers

☆ Robinhood swaps meme-green tights for duller look
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

Robinhood logo is seen on a smartphone in front of a displayed stock graph in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/NEW YORK, Aug 3 (Reuters Breakingviews) - Robinhood Markets (HOOD.O) is looking more grown-up - and more boring. The problem: Users are still fleeing, and nearly half of revenue comes from interest that is destined to fade. Robinhood warned last quarter that a 100 basis-point drop in interest rates would lead to a hit equivalent to an 11% fall in revenue. When the Federal Reserve eventually turns to cutting rates, Robinhood will need more users to fill that hole.

Persons: Dado Ruvic, Vlad Tenev, ” That’s, Robinhood, Ben Winck, Jonathan Guilford, Sharon Lam Organizations: REUTERS, Reuters, Stock, Federal Reserve, Twitter, Adidas, InBev, Thomson

☆ Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more
▼ + stars: | 2023-08-02 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The company is calling for revenue ranging between $610 million and $645 million, while analysts called for $632 million, per Refinitiv. Qualcomm posted $8.44 billion in adjusted revenue, while analysts polled by Refinitiv forecast $8.5 billion. Zillow forecasts revenue of $458 million to $486 million, while analysts polled by FactSet are calling for revenue of $488.1 million. The company reported revenue of $494 million in the second quarter, while analysts polled by Refinitiv anticipated $473 million. The company posted $533 million in revenue, while analysts polled by Refinitiv sought $518 million.

Persons: Vlad Tenev, Baiju Bhatt, Etsy, DoorDash, FactSet, Qorvo, Refinitiv, Tripadvisor, Darla Mercado Organizations: Refinitiv, Qualcomm —, Qualcomm, MGM Resorts, MGM, PayPal, Refinitiv . Revenue, Unity Locations: New York City

☆ Ariel Investments share why they like these Korean banking stocks and Philippine real estate stocks
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAriel Investments share why they like these Korean banking stocks and Philippine real estate stocksVlad Byalik of Ariel Investments shares his stock picks in South Korea and the Philippines.

Persons: Vlad Byalik Organizations: Ariel Investments Locations: Philippine, South Korea, Philippines

☆ Ikea left Russia — but yet another copycat has popped up in its place. The real store says it could take action.
▼ + stars: | 2023-07-27 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +5 min

Good Luck, an Ikea copycat, joins the ranks of rebranded dupes of many western chains in Russia. And now, a store called Good Luck has opened in Moscow as an Ikea copycat. "The departure of Ikea is not a reason to abandon the usual interior design," Good Luck writes on its website. There are no suppliers for bathroom and kitchen items yet, employees at the store told the Moscow Times. Vlad Karkov/SOPA Images/LightRocket via Getty ImagesConvincing Ikea dupe or not, Good Luck already has ambitious plans for expansion, it says.

Persons: Vladimir Putin's, McD's, Alexander Zemlianichenko Jr, —, it's, Good Luck, couldn't, McDonald's, ALEXANDER NEMENOV, Luck, Vlad Karkov Organizations: Ikea, Moscow Times, Service, McDonalds, Kentucky Fried, McDonald's, KFC, Starbucks, Getty, Swed, IKEA Locations: Russia, Wall, Silicon, Kentucky, Moscow, McDonalds, Zara, Ukraine, Swedish, Russian, Belarusian, AFP, Soviet

Three Russian attack helicopters swooped in low over the city of Kreminna, strafing Ukrainian frontline positions just outside the city. Russian drones circled overhead while Moscow’s ground forces fired heavy machine guns to flush out Ukrainians from foxholes hidden in the dappled light of the pine forest. As exploding artillery shells shook the ground around him on Saturday morning, Vlad, a 27-year-old Ukrainian drone operator, spotted a Russian armored personnel carrier bringing more troops to the battle. “They are constantly attacking us,” said Lt. Col. Matviychuk Oleh, a 49-year-old battalion commander with Ukraine’s 100th Territorial Defense Brigade. So far they have been able to prevent a major Ukrainian breakthrough.

Persons: Vlad, ”, Matviychuk Organizations: 100th Territorial Defense Brigade Locations: Russian, Kreminna, Ukraine, Ukrainian

☆ A former Wagner fighter described Prigozhin as a 'cocky idiot' who pitted soldiers against each other for personal gain
▼ + stars: | 2023-07-11 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Some Wagner fighters have condemned Yevgeny Prigozhin for leading the armed revolt against Russia. One fighter, identified only as Roman, told the Moscow Times that Prigozhin is a "cocky idiot." He blamed the mercenary leader for pitting soldiers against each other for personal reasons. "My comrades and I fought for the country, not for some cocky idiot and his personal ambitions," Roman told the Moscow Times, referring to the infighting between Prigozhin and Russian military leaders that preceded the attempted rebellion. Another former Wagner fighter, identified only as Vlad, told the Moscow Times that he signed up for Wagner to "defend his country" and not "out of sympathy for Prigozhin."

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Roman, Vlad, Sergei Shoigu, Staff Valery Gerasimov Organizations: Russia, Moscow Times, Service, Wagner PMC, Prigozhin, Russian Defence, Russian, Staff Locations: Wall, Silicon, Moscow, Rostov, Belarus, Prigozhin, Bakhmut, Russian, Russia, Ukraine, St . Petersburg

☆ Analysis: Prigozhin's fate remains unclear and it signals more trouble in Russia
▼ + stars: | 2023-07-07 | by ( Jill Dougherty | ) edition.cnn.com time to read: +4 min

CNN —The bizarre tale of Yevgeny Prigozhin, Russian President Vladimir Putin’s former pal-turned-mutineer, just got a whole lot weirder. His men had three choices: follow Prigozhin to Belarus, join the regular Russian military, or stop fighting and go home. He was a tough guy strutting about in camouflage, whose fighters could win battles in Ukraine that the regular Russian military couldn’t handle. Prigozhin’s ultimate fate is still unclear, but he is only one of Putin’s problems. And that portends more repression, more “settling scores,” and more fighting behind the scenes in Putin’s Russia.

Persons: Yevgeny Prigozhin, Vladimir Putin’s, Wagner, –, ”, Alexander Lukashenko, Lukashenko, Prigozhin, Putin, Vlad Karkov, “ Organizations: CNN, Putin’s, ” Locations: Russian, Belarusian, Russia, Belarus, St . Petersburg, Moscow, Prigozhin’s St, Petersburg, Ukraine, Rostov, Vesti

☆ Scientists see surprising brain activity in sleeping octopuses that could mean they dream like us
▼ + stars: | 2023-07-01 | by ( Maiya Focht | ) www.businessinsider.com time to read: +3 min

Scientists observed sleeping octopuses and saw their brains enter a deep sleep like ours. This deep sleep is similar to a dream state in mammals, so octopuses may also dream. For the study, scientists spied on multiple sleeping octopuses. By studying the octopus's brain activity, the team found that these cephalopods have similar active and quiet sleep cycles to us mammals and that certain periods of their active stage resembles rapid eye movement sleep. REM sleep is often when humans dream, leading scientists to wonder if octopuses may dream like us.

Persons: —, Vlad Tchompalov, Samuel Sloss Organizations: Service, University of Washington School of Medicine, UW, Neuroscience, New, Wildlife Locations: Bonaire, Caribbean

☆ Cramer's Lightning Round: PayPal is "too cut-throat"
▼ + stars: | 2023-06-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Hubbell's year-to-date stock performance. Stock Chart Icon Stock chart icon PayPal's year-to-date stock performance. Stock Chart Icon Stock chart icon Viasat's year-to-date stock performance. Stock Chart Icon Stock chart icon Biohaven's year-to-date stock performance. Stock Chart Icon Stock chart icon C3.AI's year-to-date stock performance.

Persons: Hubbell, it's, Vlad Coric, Johnson, Tom Siebel, he's, Jim Cramer's Organizations: PayPal, Viasat, Honeywell, CNBC, J, Charitable Trust, Parts Locations: California, That's

☆ Romanian prosecutors change human trafficking charge against Andrew Tate
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

BUCHAREST, June 13(Reuters) - Romanian prosecutors said on Tuesday that social media influencer Andrew Tate, his brother Tristan and two other suspects were being investigated for human trafficking in continued form, saying it was a more serious crime than separate counts of trafficking. The Tate brothers and two Romanian female suspects are under house arrest pending a criminal investigation for suspected human trafficking, rape and forming a criminal gang to sexually exploit women, accusations they have denied. Under Romanian legislation, prosecutors have filed charges against the four suspects, but the case is under investigation and has not yet gone to trial. On Tuesday, Romania's DIICOT anti-organised crime prosecuting unit notified the Tate brothers that the human trafficking charge had changed to trafficking in continued form, a DIICOT spokesperson said. Also on Tuesday, DIICOT prosecutors said they had opened a separate criminal investigation against a Romanian man close to the Tate brothers on allegations of human trafficking and forming a criminal crime group to sexually exploit seven women.

Persons: Andrew Tate, Tristan, Tate, Romania's, DIICOT, Vlad Obuzic, Luiza Ilie, Ed Osmond Organizations: Prosecutors, Tate, Thomson Locations: BUCHAREST, Bucharest, Romanian

☆ Coca-Cola launches new flavor for gamers
▼ + stars: | 2023-06-07 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

New York CNN —Coca-Cola is launching a new limited-edition flavor for gamers, a demographic increasingly pursued by mainstream food and beverage brands. For this new flavor, called Coca-Cola Ultimate, the soda maker partnered with Riot Games, which publishes the multi-player online battle arena game League of Legends. Coca-Cola Ultimate bottles. As in most of those cases (Marshmello’s flavor had notes of strawberry and watermelon) Coca-Cola won’t share what Ultimate is actually supposed to taste like. And the relationship between Riot and Coca-Cola is deeper than the limited-edition flavor.

Persons: Coke, Rosalía, “ We’re, Oana Vlad, James Quincey, they’re, ”, Gen, Ava Max, Vlad, Red Bull, Eric Krause Organizations: New, New York CNN, Riot Games, of, League of, Coke, PepsiCo, League of Legends Locations: New York, Dreamworld, Fortnite

☆ A.I. and crypto are in focus at the annual gathering of the Wall Street trading community
▼ + stars: | 2023-06-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

It's time for the annual gathering of the trading community. Here's a rundown of some of the hot topics: Crypto in focus: SEC Chair Gary Gensler will be speaking at noon on Thursday. Electronic trading changed the trading world 30 years ago, is AI poised to do the same? Two pioneers of electronic trading, Virtu Financial founder Vinnie Viola and Peterffy, will be speaking at noon today, reflecting on the past and future of trading and will certainly be asked about the role AI will play in future trading. Tradeweb CEO Billy Hult and MarketAxess CEO Chris Concannon will discuss the growth in Treasury trading and the increasing electronification of the bond market.

Persons: I'm, Piper Sandler, Gary Gensler, Gensler, Binance, Michael Novogratz, Jean, Marie Mognetti, Vlad Tenev, Doug Cifu, Thomas Peterffy, Vinnie Viola, Peterffy, Ed Tilly, Terry Duffy, Billy Hult, Chris Concannon, Rich Repetto's, Rich Repetto Organizations: Piper, Piper Sandler Global Exchange, New York City, NYSE, Nasdaq, Cboe, London Stock Exchange, SEC, Galaxy Digital, Virtu, Global, Treasury, CME, Citadel, CNBC PRO Locations: New York

☆ Biohaven CEO Vlad Coric goes one-on-one with Jim Cramer
▼ + stars: | 2023-06-02 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Biohaven CEO Vlad Coric goes one-on-one with Jim CramerBiohaven CEO Dr. Vlad Coric sits down with JIm Cramer to discuss the company's latest drug innovations, the recent Pfizer acquisition, and more.

Persons: Vlad Coric, Jim Cramer, JIm Cramer Organizations: Pfizer

☆ Wall Street's succession summer
▼ + stars: | 2023-05-30 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +5 min

But first, it's the summer of succession — and no, we're not talking about the TV show. Wall Street CEOs pretend that succession planning is another chore, like hashing out the annual budget or organizing an earnings call. But behind the boring press announcing their succession plans is often a story of intrigue and drama. And then, of course, there's Jamie Dimon, Wall Street's longest-serving CEO. Earlier this week, Insider highlighted 17 young analysts poised to shine.

☆ An ominous policy change is a sign Russia is preparing for a long, bloody war in Ukraine
▼ + stars: | 2023-05-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Recent changes to Russian conscription law indicate Moscow is preparing for a long war in Ukraine. Beyond a need for manpower, the changes may reflect the Kremlin's embrace of more heavy-handed rule. But Russian leaders appear to preparing for a long and bloody fight, judging by a series of new measures related to military conscription. The Russian government is "methodically stepping through a process to go over to a higher readiness and protracted war," Massicot added. Michael Peck is a defense writer whose work has appeared in Forbes, Defense News, Foreign Policy magazine, and other publications.

☆ Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang
▼ + stars: | 2023-04-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.

☆ Russia's desperately trying to drum up new recruits by selling military service as a 'worthy future' as thousands of troops die in Ukraine
▼ + stars: | 2023-04-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Russia is desperately selling military service as a "worthy future" to prospective recruits. The Washington Post reported that much of Russia's recruitment is happening regionally. Some of the army brochures say that "Contract service is a worthy future," the Post reported. Vlad Karkov/SOPA Images/LightRocket via Getty ImagesIn recent months, Russian authorities have also increasingly sensationalized military enrollment in television ads. Russia's push for more troops and glamorization of military enrollment comes as the country's casualties continue to climb.

☆ Bloomberg insiders can't be sure if Mike Bloomberg will choose an internal successor because he 'believes in stability, and then change,' report says
▼ + stars: | 2023-04-20 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Sources told the FT that Bloomberg may decide to shun internal frontrunners and bring in an outsider. Bloomberg, who turned 81 in February, is worth nearly $95 billion, according to Forbes. "Only two people" run the company – Zammitt and Kliatchko – a former senior Bloomberg executive told the FT. He gave $1.7 billion to the organization last year, bringing his lifetime charitable donations to more than $14 billion, according to the site. Bloomberg didn't immediately respond to a request for comment from Insider made outside normal working hours.

☆ Moscow's promise of big payments to its troops is creating a new headache for the Russian military
▼ + stars: | 2023-04-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

But there are already reports of Russian troops not getting paid on time or at all. Anger over pay issues could worsen the already poor morale among Russian troops in Ukraine. Lev Vlasov/SOPA Images/LightRocket via Getty ImagesOn the other hand, life in the Russian military is no picnic. Nonetheless, military pay looks generous compared to the civilian sector, where the average monthly wage is 63,000 rubles, or $770. However, cutting military pay – or failing to pay salaries and bonuses – would be a risky move.

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