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☆ Take a look inside Staatsburgh, a 30,000-square-foot Gilded Age mansion whose owners held tickets for the Titanic
▼ + stars: | 2024-05-30 | by ( Talia Lakritz | ) www.businessinsider.com time to read: 1 min

The tour began in an exhibition space on the first floor, where our tour guide gave us a brief history of the Mills family. Talia Lakritz/Business InsiderRuth Livingston Mills came from "old money." The Livingston family descended from Scottish nobles, and their ancestors fought in the Revolutionary War and signed the Declaration of Independence. Ruth's great-grandfather, Morgan Lewis, served as the third governor of New York and purchased the Staatsburgh estate in 1792. Ogden Mills was known as "new money," a financier who served as President Herbert Hoover's Secretary of the Treasury.

Persons: Talia Lakritz, Ruth Livingston Mills, Livingston, Ruth's, Morgan Lewis, Ruth, Ogden Mills, Herbert Hoover's, Ogden Locations: New York

☆ Tesla accuses advisory firm of 'scaremongering' after it urged investors to vote against Musk's pay package
▼ + stars: | 2024-05-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +1 min

Tesla rebuked Glass Lewis for urging shareholders to reject Elon Musk's $55 billion pay plan. Tesla said the firm demonstrated faulty reasoning in a letter to shareholders. Tesla is seeking approval from shareholders for the pay plan and moving its incorporation to Texas. In a letter to shareholders on Wednesday, Tesla slammed Glass Lewis, accusing the firm of "scaremongering" and faulty reasoning. "In its report, Glass Lewis omits key consideration, uses faulty logic, and relies on speculation and hypotheticals," Tesla wrote in a letter to investors titled "What Glass Lewis Got Wrong About Tesla."

Persons: Tesla, Glass Lewis, Elon, —, Elon Musk Organizations: Elon Musk's, Service, Elon, Tesla, Business Locations: Texas

☆ Diede de Groot: The unstoppable force in tennis leaving no stone unturned in pursuit of greatness
▼ + stars: | 2024-05-30 | by ( Aleks Klosok | ) edition.cnn.com time to read: +9 min

Wheelchair tennis player Diede de Groot, though, has been unequivocally the dominant constant in the face of those challenges. Diede De Groot is one of the most decorated tennis players of all time. “Twenty years ago wheelchair tennis was one of the biggest Paralympic sports in the Netherlands,” says De Groot. So, it’s just a coincidence … but it’s a funny coincidence!”De Groot has won a total of 39 grand slam titles. It’s a really fun time to be a wheelchair tennis player.”De Groot has noticed a recent improvement in visibility for wheelchair players.

Persons: CNN —, Diede de Groot, ‘, ” De Groot, “ They’re, Diede De Groot, Scott Barbour, De Groot, “, ”, Groot, I’m, ” De, Frank Franklin II, Esther Vergeer’s, Roland Garros, Vergeer, Shingo Kunieda, De Groot’s, Vergeer’s –, Julian Finney, –, Mike Hewitt, …, Alfie Hewitt, Novak … he’s, Dylan Alcott, It’s, Lewis Storey, I’ve, “ It’s, Ivan Alvarado Organizations: CNN, Wheelchair, Paralympic, De, Getty, Lawn Tennis Association, Tennis Centre, ATP, WTA, Miami Open, Wimbledon, Tokyo Games, Reuters Locations: Paris, Dutch, Amstelveen, Netherlands, Woerden, Miami, Tokyo, Rio

☆ Jadon Sancho: Borussia Dortmund star speaks to CNN about looking for Wembley redemption in Champions League final
▼ + stars: | 2024-05-30 | by ( Zayn Nabbi | Darren Lewis | ) edition.cnn.com time to read: +6 min

CNN —Borussia Dortmund star Jadon Sancho is the first to admit “it’s kind of crazy” the way his season has panned out. “It’s kind of crazy, you know, I don’t think anyone would have expected this – me being in the Champions League final, especially where I came from. I don’t think I’ve fully recovered yet on that part, but I’m trying my best to get over that,” Sancho admitted to CNN Sport. Sancho proved a constant threat against PSG throughout the two legs of the Champions League semifinal. The last player to better that mark in the Champions League?

Persons: Jadon Sancho, Die, “ I’m, ” Sancho, Darren Lewis, it’s, I’ve, –, I’m, Sancho –, Saka, Marcus Rashford –, he’d, Sancho, Richard Heathcote, Germain, Lionel Messi, “, ”, Cristiano Ronaldo, idolizing, Jude Bellingham, Alexandre Simoes, Vinícius Jr, Kylian Mbappé, Harry Kane, “ Harry Kane, Bayern Munich, “ Vinícius, Jude, “ Mbappé, Blancos, He’s Organizations: CNN — Borussia Dortmund, Champions League, Manchester United, European, Wembley, CNN, “, Borussia Dortmund, CNN Sport, United, FA, Brighton, PSG, Getty, Paris Saint, Tottenham, RB Leipzig, Real Madrid, La Liga, Ballon, Bayern, League Locations: Dortmund, London, South, Camberwell, Kennington, Italy, Germany, Bellingham, Berlin, England, Mbappé, Spanish

☆ Operator of San Francisco's $700-a-month sleeping pods is beefing with the city over planning approval
▼ + stars: | 2024-05-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Read previewThe company behind San Francisco's $700-a-month tiny sleeping "pods" has accused city officials of worsening the city's homelessness problem as it battles a lengthy investigation. James Stallworth, CEO of Brownstone Shared Housing, told Business Insider that San Francisco Planning Department staff had an "adversarial attitude toward housing." Brownstone says it is waiting for city officials to approve a change-of-use request so it can continue operating its 4-foot-high sleeping pods in Mint Plaza. City officials told BI that Brownstone still needed to complete important safety upgrades to comply with the law. AdvertisementThe pods made headlines late last year after proving a hit with some tech workers seeking affordable accommodation in central San Francisco.

Persons: —, James Stallworth, Daniel Sider, Stallworth, Sider, Christian Lewis Organizations: Service, Francisco's, San Francisco Planning Department, Business, Tech Locations: San Francisco, Francisco

☆ Elon Musk's $55 billion Tesla pay package seems to be getting mounting pushback
▼ + stars: | 2024-05-29 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Read previewTesla is facing increasing pushback from investors regarding its bid to reinstate Elon Musk's $55 billion pay package. The fund initially voted for Musk's pay package when it was taken to a shareholder vote in 2018. Separately, proxy advisory firm Glass Lewis said in a report on Saturday that the pay plan was "excessive" and presented investors with "uncertain benefits and additional risk." Tesla has also argued the compensation plan is "critical to the future success of Tesla" and has even paid for a handful of advertisements promoting the pay plan. Shareholders will be asked to vote on several proposals in addition to the proposal to reinstate Musk's pay package, which was struck down by a Delaware judge earlier this year.

Persons: —, Elon, Marcie Frost, Musk's, Tesla, Frost, Musk, CalPERS, James Murdoch, Kimbal, Glass Lewis, Kimbal Musk, Murdoch Organizations: Service, Elon Musk's, California Public Employees, CNBC, Business, Bloomberg, Securities and Exchange Commission, Texas Locations: Delaware, Texas

The bombs used in the Israeli strike that killed dozens of Palestinians in a camp for displaced people near Rafah on Sunday were made in the United States, according to weapons experts and visual evidence reviewed by The New York Times. U.S. officials have been encouraging the Israeli military for months to increase the use of GBU-39 bombs in Gaza because they are generally more precise and better suited to urban environments than larger bombs, including U.S.-made 2,000-pound bombs that Israel routinely uses. “This is the smallest munition that our jets can use.”In response to questions from The Times, the Israeli military declined to specify the munition used. Image A fire raging after an Israeli strike on a camp for displaced people northwest of Rafah in southern Gaza on Sunday night. Credit... Reuters“The Israelis have said they used 37-pound bombs,” John Kirby, a White House spokesman said at a briefing on Tuesday.

Persons: Trevor Ball, Ball, Alam Sadeq, Woodward, Alam, Salam, Biden, ”, Daniel Hagari, Admiral Hagari, ” John Kirby, Larry Lewis, Mr, Lewis, “, Wes J, Bryant, —, ” Mr, ” Neil Collier, Eric Schmitt, Aaron Boxerman, Ainara Tiefenthäler, Shawn Paik Organizations: The New York Times, The Times, U.S . Army, U.S, Credit, New York Times, Kuwaiti Al, Israel, Reuters, Pentagon, State Department, American Air Force, Times Locations: Rafah, United States, U.S, Israel, Palestinian, Colorado, Kuwaiti, Gaza

☆ Dakhla Atlantic Port: How a small, windy city could become a gateway for trade
▼ + stars: | 2024-05-28 | by ( Nell Lewis | ) edition.cnn.com time to read: +4 min

Spanning 1,650 hectares, the complex will include a trade port with an oil terminal, a fishing port and a shipyard. “We’re constructing an ecosystem,” Nisrine Iouzzi, the director of construction for the Dakhla Atlantic Port, tells CNN. Gateway to AfricaThe project is part of Morocco’s national port strategy, which aims to modernize and strengthen port infrastructure by 2030, in order to enhance its role in global supply chains. Video Ad Feedback Dakhla Atlantic Port aims to boost trade across West Africa 02:26 - Source: CNNWith the implementation of Africa’s continental free trade agreement, which aims to create a single market for goods and services, the port could encourage the processing of raw materials within the continent. “Local disputes can make developing port infrastructure and reliable logistics much more challenging,” says Mooney.

Persons: CNN —, Nisrine Iouzzi, “, ”, Mounir Houari, Houari, ” Turloch Mooney, Mooney Organizations: CNN, United, United Arab Emirates, Dakhla’s Regional Investment Center, Port, P Global Market Intelligence Locations: Western Sahara, Morocco, Tangier, Mauritania, West Africa, East, Europe, North America, South America, United Arab, Gateway, Africa, Casablanca, Tanger, Med, Agadir, West, Mali, Chad, Niger, Burkina Faso, Sahara, ”, “

☆ Insmed CEO on lung disease treatment and path forward
▼ + stars: | 2024-05-28 | 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 EmailInsmed CEO on lung disease treatment and path forwardWill Lewis, Insmed CEO, joins 'Fast Money' to talk its latest lung disease treatment, growth opportunity and more.

Persons: Will Lewis

☆ CNBC Daily Open: Musk's AI start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share. Google AI Overview misfiresGoogle's "AI Overview" feature in search is facing criticism for producing incorrect or controversial responses.

Persons: Jensen, Huang, Glass Lewis, Elon Musk, Obama, Eli Lilly, Eli Lilly's, Weizhen Tan Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google Locations: Texas, Indiana

☆ FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
▼ + stars: | 2024-05-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of supervised release. In September, Salame pleaded guilty to conspiracy to make unlawful political contributions, defraud the Federal Election Commission, and conspiracy to operate an unlicensed money-transmitting business. Judge Lewis Kaplan sentenced Sam Bankman-Fried to 25 years in prison in March. Salame spent millions of dollars on real estate and campaign donations during his tenure. Meanwhile, data from the Federal Election Commission shows that Salame gave more than $24 million to Republican candidates and causes in the 2022 election cycle.

Persons: Ryan Salame, Sam Bankman, Salame, Judge Lewis Kaplan Organizations: FTX Digital Markets, Commission, Alameda Research, FTX's, FTX, New Providence, Federal, Republican Locations: New York, Bankman, New, U.S

☆ CNBC Daily Open: Musk's artificial intelligence start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share.

Persons: Elon Musk, The Beverly Hilton, Jensen, Huang, Glass Lewis, Obama, Weizhen Tan Organizations: SpaceX, Tesla, The Beverly, CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google, Nikkei, Bank of Japan's, CSI Locations: Beverly Hills , California, U.S, Texas, Asia, Pacific

☆ Top FTX Executive Sentenced to Seven and a Half Years in Prison
▼ + stars: | 2024-05-28 | by ( David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

Ryan Salame, a top executive at the collapsed cryptocurrency exchange FTX, was sentenced to seven and a half years in prison on Tuesday, making him the first of Sam Bankman-Fried’s circle of advisers at FTX to receive prison time. Mr. Salame, 30, a trusted lieutenant of Mr. Bankman-Fried, the exchange’s founder, pleaded guilty last year to a campaign finance law violation and a charge of operating an unlicensed money transmitting business. He is one of four top deputies in the FTX empire who have pleaded guilty to crimes since the company imploded in November 2022. Mr. Salame’s sentence exceeded the five to seven years that prosecutors had recommended. Judge Kaplan called Mr. Salame’s crimes “astonishing.”

Persons: Ryan Salame, Sam Bankman, Salame, Judge Lewis A, Kaplan, Judge Kaplan Organizations: Defense Locations: U.S, Manhattan

☆ 'The wearables market will feed AI,' Oura CEO says
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The wearables market will feed AI,' Oura CEO saysTom Hale, CEO of Oura, discusses the wearable technology market and the firm's first U.K. retail partnership with John Lewis.

Persons: Tom Hale, John Lewis

☆ Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty
▼ + stars: | 2024-05-28 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Exxon filed for arbitration in March to defend the rights it claims under the joint operating agreement. Chevron and Hess have told investors that the pending deal would terminate if Exxon prevails in the dispute. Hess shareholders would bear the risk if the deal terminates because Chevron is not obligated to pay a termination fee, according to ISS. Exxon is seeking to confirm its rights under the joint operating agreement and find out the value placed on Hess' Guyana assets under the deal, Woods said. Chevron has repeatedly maintained that the Exxon's claims under the joint operating agreement do not apply to its acquisition of Hess.

Persons: Hess, Glass Lewis, Mike Wirth, Darren Woods, Woods, Wirth Organizations: Chevron, Exxon Mobil, Mobil, Exxon, China National Offshore Oil Corporation, Institutional, Services, Hess, ISS, CNBC, Federal Trade Commission Locations: York, Guyana, China

☆ Wayne Brady and Nichelle Lewis on Striving for Excellence in ‘The Wiz’
▼ + stars: | 2024-05-27 | by ( Salamishah Tillet | ) www.nytimes.com time to read: 1 min

“That show was so Black,” my 8-year-old whispered after we saw “The Wiz” on Broadway. He hadn’t made this observation last fall after seeing a performance of the show in Baltimore, during the national tour that preceded this revival. So I was curious: What had changed, and why was this iteration more culturally resonant for him than even the 1978 movie starring Diana Ross and Michael Jackson or NBC’s 2015 “The Wiz Live!” special that I’d screened for him. I suspected my son was drawn to this version’s colloquial expressions (“All I got to do is stay Black and die,” Evillene tells Dorothy), choreography (ranging from Atlanta street dancing to South African amapiano) and its casting of Wayne Brady as the Wiz, who greets the Scarecrow and the Tinman with a dap. (Brady will depart the production on June 12.)

Persons: hadn’t, Diana Ross, Michael Jackson, Evillene, Dorothy, Wayne Brady, Brady Organizations: Broadway Locations: Baltimore, Atlanta

☆ E. Jean Carroll's lawyer responds to Trump Memorial Day post: 'All options are on the table'
▼ + stars: | 2024-05-27 | by ( Micah Washington | ) www.cnbc.com time to read: +2 min

Donald Trump on Monday again denied rape and defamation claims against him by writer E. Jean Carroll, nabbing the attention of her lawyer. Kaplan later ruled in the civil defamation case in January that as president Trump defamed Carroll after she accused him in 2019 of rape. Carroll's lawyer Roberta Kaplan swiftly responded to Trump's post, "We have said several times since the last jury verdict in January that all options were on the table. The Biden campaign also responded to Trump's post on X and wrote, "Trump posts Memorial Day message with zero mention of fallen American service members, instead calling those who don't support him "'Human Scum.'" Then continued, "As we said after the last jury verdict, we continue to monitor every statement that Donald Trump makes about our client, E. Jean Carroll."

Persons: Donald Trump, E, Jean Carroll, Lewis Kaplan, Carroll's, Kaplan, Trump, Carroll, Roberta Kaplan, Biden, CNBC's Organizations: U.S, Manhattan Criminal, Monday, Manhattan Locations: New York City, U.S, Manhattan

☆ UK rainforests: Photos reveal the ancient and rare woodland habitat
▼ + stars: | 2024-05-24 | by ( Nell Lewis | ) edition.cnn.com time to read: +7 min

CNN —Lush greens, tangled wood, blurs of light – giant images of rainforests hang on the walls of a church in London. The images are not of tropical rainforests, but very rare temperate rainforest in the UK. Forest bathingVestey’s first trip to a temperate rainforest was in Devon, southwest England. Since then, Vestey estimated she has visited around 60% of the remaining temperate rainforests in the UK. They started spending more time in the ancient woodland at Cabilla, their family’s 300-acre farm on Bodmin Moor, Cornwall.

Persons: CNN —, birdsong, Joanna Vestey, “, Vestey, ”, Qing Li, “ I’m, Merlin Hanbury, Tenison, Lizzie, Hanbury, Tara Juno Rowse, I’ve Organizations: CNN, UK’s Art, University of Exeter Locations: London, Britain, Ireland, Cornwall, Scotland, Devon, England, Japan, UK’s, Afghanistan, Hanbury, Cabilla, Bodmin Moor, “, Tenison, British, Bodmin

☆ How the Monaco Grand Prix became the most iconic F1 race
▼ + stars: | 2024-05-24 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +8 min

The Monaco Grand Prix is the crown jewel of Formula 1, known for its glitz and glamour. In the decades since then, the Monaco Grand Prix has become the crown jewel of Formula 1 — and arguably the most famous race in the world. Senna's surprising defenseThat crash was a distant memory by 1992, as Senna unexpectedly claimed his fifth Monaco Grand Prix victory. While he didn't gain any victories during his Mercedes stint, he earned a pole position at his final Monaco Grand Prix at 43. Daniel Ricciardo celebrating his Monaco Grand Prix win in 2018.

Persons: —, it's, Bob Varsha, Varsha, Clive Rose, Zak Brown, McLaren, Lando Norris, It's, Juan Manuel Fangio, Alfa, Yves, Giraud Cabantous, Maurice Trintignant, Robert Manzon, Giuseppe Farina, Jackie Stewart, Stewart, Jackie, Ayrton Senna, Senna, Ayrton Senna's, Nigel Mansell, Brown, Mansell, Michael Schumacher's, Mercedes, Mark Webber, Schumacher, Daniel Ricciardo, Lewis Hamilton, Ricciardo, Dan Istitene, Charles Leclerc —, he's, Leclerc Organizations: Monaco, Service, Prix, ESPN, Miami Grand Prix, Indianapolis, Le, Alfa Romeo, Formula, Getty, Universal Pictures, Williams, Renault, Mercedes F1, Netflix, Monaco Grand Prix, Monaco —, Ferrari Locations: Monte Carlo, Monaco, Argentine, British

☆ F1 dispute with Andretti Global draws in U.S. lawmakers
▼ + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com time to read: +5 min

Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.

Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami

☆ How the super rich party at the Monaco Grand Prix
▼ + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.

Persons: ”, Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, “ Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, “ Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi

☆ Gildan's board abruptly resigns ahead of annual meeting, handing control to activist
▼ + stars: | 2024-05-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The activist firm later claimed Gildan's board was showing a "complete disregard for sound corporate governance." The last time an entire board resigned during an activist battle was in 2012, when Canadian Pacific's board yielded to Bill Ackman hours before the railroad's annual meeting. "We are deeply grateful for the outpouring of support that Browning West's slate and plan have received from our fellow shareholders, Gildan employees, and leading proxy advisory firms," Browning West's Usman Nabi and Peter Lee said in a statement. Browning West, based in Los Angeles, accused Gildan's board of leaking an allegedly non-existent sale process to the media and hiring private investigators to look into one of the firm's nominees. Other major shareholders, including Anson Funds and Janus Henderson, backed Browning West's push.

Persons: Gildan Activewear, Browning West's, Glenn Chamandy, Browning, Vince Tyra, Bill Ackman, Browning West's Usman Nabi, Peter Lee, Gildan's, Gildan, Chamandy, Tyra, Michael Kneeland, Janus Henderson, Glass Lewis, Ancora Organizations: Houchens Industries, Amazon, Target, United Rentals, Anson Funds, Norfolk Southern Locations: Montreal, Gildan, Los Angeles

☆ ‘It is time to break up Live Nation’: Merrick Garland explains groundbreaking antitrust lawsuit
▼ + stars: | 2024-05-23 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

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☆ TikTok Is About to Become Even More Powerful Thanks to Millennials
▼ + stars: | 2024-05-23 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +14 min

"I have friends that say that TikTok Shop has ruined the app," Casey Lewis, a trends researcher, said. "It can be good — especially as TikTok moves to TikTok Shop — if they're able to capitalize on this shift and sell products more effectively to older users." Just because something is going viral on TikTok doesn't necessarily mean Gen Z is behind it. The same could be said of Gen Z, which would explain the generations' shared fascination with a time before smartphones and round-the-clock news. The Gen Z users I spoke with didn't seem particularly concerned about an influx of olds.

Persons: Keara Sullivan, Zers, Rushmore, Sullivan, Ryan Broderick, Adam Bumas, Broderick, TikTok, —, Cory Doctorow, it's, Kevin Munger, Doctorow, Casey Lewis, Lewis hasn't, Gen Zers, Jonathan Gelfond, Taylor Lorenz, Lorenz, Munger, Gen Z, Lewis, Stanley, Alpha, Zers —, Gen Alpha, hasn't, millennials, Jason Parham, Leslie Horn Petersen, she's, Gen, didn't, I've, Emilie Friedlander Organizations: New, Pew Research Center, Facebook, Senate, Microsoft, Penn State, Little League, Business, QVC, UC Santa Barbara, The Washington Post, YouTube Locations: New York, tfym, millennials, Brooklyn, Philadelphia

☆ A lot of lawsuits to come against OpenAI, says early investor Geoff Lewis
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA lot of lawsuits to come against OpenAI, says early investor Geoff LewisGeoff Lewis, Bedrock founder and managing partner, joins 'Squawk Box' to discuss Lewis' initial investment in OpenAI, scrutiny against a privately-held company like OpenAI, and more.

Persons: OpenAI, Geoff Lewis Geoff Lewis, Lewis Locations: OpenAI

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