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☆ Taylor Swift, Warren Buffett, and Elon Musk: an elite investor isn't shy of name-dropping to promote a niche type of fund
▼ + stars: | 2023-06-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Discounted closed-end funds aren't exactly the most headline-grabbing part of Wall Street. The elite investor also mentioned Elon Musk while explaining his fondness for these niche funds. "The majority of Warren Buffett's holdings when he was about to enter that class were discounted closed-end funds," Weinstein said. "In closed-end fund arbitrage, you can actually control your destiny," he said. Weinstein's firm takes activist positions in closed-end funds run by BlackRock and other big asset managers.

Persons: Boaz Weinstein, Taylor Swift, Warren Buffett, Elon Musk, —, Scott, Weinstein, Benjamin Graham's, Warren Buffett's, Elon, Buffett, Ed Thorp, Warren Organizations: Service, Saba Capital Management, Bloomberg, Berkshire Hathaway, SpaceX, Twitter, BlackRock Locations: Wall

☆ Stephen Hawking's famous theory of how black holes die could mean our entire universe is doomed to evaporate, a new study found
▼ + stars: | 2023-06-03 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +3 min

Stephen Hawking famously predicted in 1974 that black holes die by evaporation. A new study suggests this Hawking radiation that kills black holes could also kill everything else. And up to this point, black holes were the only places experts had looked for it. "And, after a very long period, that would lead to everything in the universe eventually evaporating, just like black holes." It takes black holes longer than the age of the universe to evaporate, researchers have estimated.

Persons: Stephen Hawking, —, Stephen Hawking's, Heino Falcke, Walter van Suijlekom Organizations: Service, Radboud University

☆ Dianne Feinstein once became confused after seeing Vice President Kamala Harris preside over the Senate, report says
▼ + stars: | 2023-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Feinstein was confused by VP Harris presiding over the Senate last year, per a New York Times report. Feinstein said, according to an unnamed individual who was present at the time. Feinstein, 89, asked of Harris, according to an unnamed individual who was present at the time. Upon her return, a New York Times report then disclosed that she also suffered from Ramsay Hunt Syndrome, a neurological disorder that in the senator's case was brought on by her bout with shingles. Rep. Ro Khanna, a fellow Bay Area lawmaker, in April called on Feinstein to resign from office, and reiterated his position this month.

☆ Despite all odds, consumers are still traveling this summer. Here are the stocks you need to own
▼ + stars: | 2023-05-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +11 min

Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.

Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe

☆ California Rep. Ro Khanna again calls on Dianne Feinstein to resign over health concerns: 'It's painful to watch.'
▼ + stars: | 2023-05-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Rep. Ro Khanna said it was "painfully obvious" that Sen. Feinstein should no longer serve in office. "I think they should have a loving conversation about it being time," Khanna said of Feinstein's confidantes. "First, let me say, I admire her career," Khanna told Wagner. Upon her return to the Senate, Feinstein appeared disoriented as an aide whisked her through the Capitol, according to The Times. "While she has had a lifetime of public service, it is obvious she can no longer fulfill her duties.

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Dianne Feinstein can't be recalled and she almost certainly won't be expelled from the Senate
▼ + stars: | 2023-05-18 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

A new report raises even more concerns about Sen. Dianne Feinstein's health. True, Feinstein's health is the topic du jour in Washington. Byrd, Thurmond, and Cochran all faced unflattering stories that virtually mirror what's been written about Feinstein. The last time the Senate actually expelled a member was in 1862 when it booted out 14 senators for supporting the Confederacy. The biggest power Feinstein's colleagues and critics can wield is shame.

☆ Pelosi's daughter is Dianne Feinstein's primary caregiver at the Capitol, but the former speaker denies using the relationship to help her protégé replace the aging senator
▼ + stars: | 2023-05-18 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Since Dianne Feinstein returned to office in May, Nancy Pelosi's daughter has been alongside her. A recent report from Politico suggested Pelosi could be using her daughter to keep Feinstein from retiring, possibly helping Rep. Adam Schiff's chances of replacing her. Pelosi's office denied any political motives for aiding Feinstein. Feinstein, 89, missed several months of votes in the Senate due to her diagnosis in February before returning in May. And earlier this week, Feinstein denied ever missing time away from the Senate due to shingles.

☆ Dianne Feinstein suffered more complications from illness than publicly disclosed, New York Times reports
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

Senator Dianne Feinstein, who returned to Washington in May after a months-long absence due to shingles, suffered more complications from the illness than were publicly disclosed, the New York Times reported on Thursday. The shingles caused a rare complication known as encephalitis, inflammation of the brain, the New York Times said, citing two people familiar with the senator's diagnosis. Feinstein on Thursday said she did not have encephalitis, saying it "really has never been diagnosed", according to CNN. I continue to work and get results for California." Reporting by Costas Pitas in Los Angeles; Editing by Caitlin Webber and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Dianne Feinstein didn't reveal she had complications from shingles like brain swelling and facial paralysis: New York Times
▼ + stars: | 2023-05-18 | by ( Madison Hall | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Sen. Dianne Feinstein was absent from the Senate for nearly three months due to shingles, her office has said. A report from the New York Times, however, noted she was diagnosed with several complications stemming from shingles. According to a New York Times report, which relies on anonymous sourcing, said that Feinstein's shingles moved to her face and neck, leading to balance and vision problems along with partial facial paralysis. As the New York Times noted, post-shingles encephalitis can lead to "lasting memory or language problems, sleep disorders, bouts of confusion, mood disorders, headaches and difficulties walking." Even prior to her shingles diagnosis, reports indicated Feinstein appeared to have mental acuity issues.

☆ Dianne Feinstein claimed she hasn't 'been gone' when asked about her lengthy absence from the Senate: 'No, I've been here. I've been voting'
▼ + stars: | 2023-05-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Sen. Feinstein insisted to reporters on Tuesday that she hasn't been absent from the Senate. I've been voting," she told LA Times' Ben Oreskes at the Capitol on Tuesday. The 89-year-old senator returned to Washington last week after a nearly 3-month-long absence. "No, I haven't been gone," she told the Times' Ben Oreskes on Tuesday when asked how her Senate colleagues have responded to her return. Feinstein then reportedly deflected a question about lawmakers calling for her to resign before an aide wheeled her away.

☆ Dianne Feinstein's staff makes sure the senator never walks around the Capitol by herself out of concern for what she might say to reporters amid her declining health and old age, report says
▼ + stars: | 2023-05-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

As her health declined, her staff began to follow her wherever she goes in the Capitol, per Rolling Stone. Feinstein returned to the Senate on Wednesday after spending nearly three months away from Washington due to a shingles infection. For the past few years, Feinstein's staff felt it necessary to ensure the senator is never alone when she walks around the Capitol, sources told Rolling Stone. Jamarcus Purley, a former staff member fired last February for work performance issues, told the magazine that Feinstein's office developed the system without her knowing. Feinstein's office did not immediately respond to a request for comment.

☆ Dianne Feinstein once mistook GOP Sen. Tim Scott for Democratic Sen. Raphael Warnock, book says
▼ + stars: | 2023-05-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Dianne Feinstein once mistook two different Black senators, according to a story relayed in a new book. She confused GOP Sen. Tim Scott for Democratic Sen. Raphael Warnock, saying she'd been rooting for him. Scott reportedly played along, telling Feinstein that her "support means a lot." Scott, a Republican who's served in the Senate since 2013, is said to have played along with Feinstein's apparent confusion. Dean Phillips 🇺🇸 🟧 (@RepDeanPhillips) April 12, 2023But on Wednesday, Feinstein finally returned to the Capitol, continuing to suffer balance and vision impairments.

☆ Dianne Feinstein returns to the Senate following a nearly 3-month absence and calls for her resignation from fellow Democrats
▼ + stars: | 2023-05-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Sen. Dianne Feinstein returned to the US Senate on Wednesday. Several fellow Democrats called for her to resign, arguing her absence imperiled their party's agenda. The 89-year-old California Democrat returned this week after spending nearly 3 months away from Washington due to complications from a shingles infection. But her prolonged absence created a deadlock on the Senate Judiciary Committee, preventing Democrats from swiftly advancing nominees to the floor that lacked Republican support. Feinstein arrived at the Capitol just before 3pm on Wednesday and was greeted by Senate Majority Leader Chuck Schumer.

☆ Dianne Feinstein set to return to Senate after nearly 3-month absence
▼ + stars: | 2023-05-09 | by ( Garrett Haake | ) www.cnbc.com time to read: +2 min

Senator Diane Feinstein (D-CA), who announced she will not be seeking re-election, leaves the Senate floor after a vote on Capitol Hill in Washington, U.S., February 14, 2023. WASHINGTON — California Sen. Dianne Feinstein is returning to the Senate after a nearly three-month absence due to health problems, according to a spokesperson for the senator. With Democrats holding just a single-seat advantage in the Senate, Feinstein's absence complicated her party's efforts to confirm some of President Joe Biden's nominees. Feinstein later disputed that her absence had in any way limited the number of nominees advanced by the committee. "I'm confident that when I return to the Senate, we will be able to move the remaining qualified nominees out of committee quickly and to the Senate floor for a vote."

☆ Dianne Feinstein is on her way back to Washington after being sidelined with shingles: report
▼ + stars: | 2023-05-09 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Sen. Dianne Feinstein is traveling back to Washington, DC. Feinstein had been away from the Capitol for several months after she contracted shingles. Feinstein, who's 89 years old, hasn't cast a vote in the Senate since her diagnosis in mid-February. Feinstein ultimately asked Senate Majority Leader Chuck Schumer to find a temporary replacement for her on the Judiciary Committee, but Schumer's attempts were rebuffed by Senate Republicans. In February, Feinstein announced that she will not be running for office again in 2024, and will retire at the end of her term.

☆ Dianne Feinstein returning to U.S. Senate after health-related absence
▼ + stars: | 2023-05-09 | by ( Richard Cowan | ) www.reuters.com time to read: +2 min

Senator Dianne Feinstein, 89, will return to Washington on Tuesday after a months-long absence due to illness, her spokesman said, restoring Democrats' 51-49 majority to full strength. The trailblazing lawmaker had been sidelined since February as she recovered from a bout of shingles, which had led to calls from some fellow Democrats to step aside and allow someone else to take her place. “I’m glad that my friend Dianne is back in the Senate and ready to roll up her sleeves and get to work," Senate Majority Leader Chuck Schumer said in a written statement. Democrats' worries were further heightened as lawmakers have been spending 2023 arguing over raising the nation's borrowing authority. Feinstein could provide crucial support for whatever debt limit bill comes before the Senate that would avert a first-ever default on U.S. debt.

☆ A $175 check signed by Steve Jobs is up for auction—it’s 'expected to fetch $25,000' or more
▼ + stars: | 2023-05-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

But if you find one signed by Apple co-founder Steve Jobs, it might be worth extra cash. RR Auction, a Boston-based organization that sources and sells historical autographs, manuscripts and artifacts, is auctioning off a $175 check signed by Steve Jobs in July 1976. The check is expected to fetch $25,000," over 142 times its original worth, according to the company's press release. In 1974, Jobs left his role as a video game designer and reconnected with Steve Wozniak, a former high school friend. When Jobs was kicked out of Apple in 1985, he started a rival computer company called NeXT.

☆ Feinstein claims there's been 'no slowdown' with her absence before blaming GOP for slowdown
▼ + stars: | 2023-05-04 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Sen. Dianne Feinstein argued that her absence from the Senate hasn't harmed her party. In her newest statement, Feinstein expressed optimism about returning to the Senate. Republicans have been able to stall some of President Joe Biden's judicial nominees during Feinstein's absence from the panel. Both political parties in recent years have put an enormous focus on confirming judicial nominees to lifetime federal appointments. Beyond judicial nominees, Democrats are expected to face a potentially razor-thin margin on avoiding a catastrophic debt default that could come as soon as early June.

☆ Biden nominates four more judges in D.C., Michigan, Pennsylvania, Connecticut
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

[1/2] U.S. President Joe Biden hosts a reception to celebrate Eid al-Fitr, at the White House, in Washington, U.S., May 1, 2023. REUTERS/Leah Millis/File PhotoWASHINGTON, May 3 (Reuters) - President Joe Biden nominated another four federal judges on Wednesday, including two women of Asian descent who would be the first such U.S. judges on their court or in their state. The Senate, which Biden's fellow Democrats narrowly control, must approve the candidates, who were nominated to posts in Michigan, Pennsylvania, Connecticut and Washington, D.C., according to a White House statement. Republicans had blocked Democrats' efforts to temporarily replace Feinstein on the committee, which approves federal judges before they go for a vote before the full Senate. So far, the Senate has confirmed 122 of Biden's nominees to lifetime posts on the federal courts, according to the White House.

☆ Nikki Haley says pushing out Dianne Feinstein isn't sexist because the 89-year-old senator has proven she 'can no longer do her job'
▼ + stars: | 2023-05-01 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

2024 GOP presidential candidate Nikki Haley said absentee Sen. Dianne Feinstein should resign now. Haley maintains that removing Feinstein is necessary because she's no longer "up to the job." And that's not sexist," Haley tweeted in response to Pelosi and others rallying to Feinstein's side during her months-long absence from Capitol Hill. While she praised Feinstein as a political trailblazer, Haley said that's ancient history. "It's been obvious for quite some time that she's in significant mental and physical decline," Haley wrote online, billing Feinstein as "a prime example of why we need mental competency tests for politicians."

☆ These are the top Senate races to watch in 2024
▼ + stars: | 2023-04-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +8 min

They have reason to be hopeful: Democrats face a daunting 2024 Senate map that puts them on defense in 23 of the cycle's 34 races, including multiple seats considered ripe for GOP challenges. The grim outlook has some Senate Democrats considering retirement, even after the caucus expanded to a 51-49 majority following a better-than-expected showing in the midterms. Jim Justice, reportedly the state's richest man and one of its favored contenders for the Senate race. But the 2024 Senate race in Ohio is currently considered a toss-up, as Republicans have made significant gains in the state in the last two election cycles. Sabato's Crystal Ball and the Cook Political Report both say the Michigan Senate race leans Democratic.

☆ Dianne Feinstein's ongoing absence allowed Senate Republicans and Joe Manchin to overturn a Biden rule reducing pollution from large trucks
▼ + stars: | 2023-04-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Senate Republicans and Sen. Joe Manchin voted to roll back an EPA regulation on truck pollution. Democratic Rep. Ro Khanna argued it wouldn't have passed had Sen. Dianne Feinstein been present. Senate Republicans and Democratic Sen. Joe Manchin took advantage of Democratic Sen. Dianne Feinstein's ongoing medical leave to roll back a significant environmental regulation on Wednesday. Democratic Rep. Ro Khanna argued in a tweet on Thursday that Feinstein's prolonged absence from the Senate has repeatedly blocked Democrats' ability to succeed in crucial votes, including the EPA rule vote. Supporters of the EPA rule say it's a reasonable and cost-efficient change that's well-worth the lives it's expected to improve and save.

☆ Telling Dianne Feinstein to resign is sexist and 'unprecedented,' women Democratic senators say
▼ + stars: | 2023-04-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

But Democratic women in the Senate say gender is playing a role in how her absence is being handled. But women Democratic senators told Insider at the Capitol on Wednesday that they believe sexism is at play and that the chamber's longest-serving Democrat is being held to an unfair standard because she is a woman. More recently, Democratic Sen. John Fetterman of Pennsylvania was recently absent from the chamber for six weeks as he sought treatment for clinical depression. "I think it's important for Senator Feinstein to do what is what is best for her," said Democratic Sen. Jeanne Shaheen of New Hampshire. "I just believe that it's not somebody else's assessment to make; it's her assessment to make," said Democratic Sen. Tammy Baldwin of Wisconsin.

☆ Debt ceiling fight shows stakes of Feinstein's Senate absence, Klobuchar says
▼ + stars: | 2023-04-16 | by ( Katharine Jackson | ) www.reuters.com time to read: +3 min

WASHINGTON, April 16 (Reuters) - The standoff over raising the U.S. federal government's $31.4 trillion debt ceiling illustrates the stakes of U.S. Senator Dianne Feinstein's lengthy absence from Washington, fellow Democratic Senator Amy Klobuchar said on Sunday. We have things like the debt ceiling coming up," Klobuchar said in an interview on ABC's "This Week" program. President Joe Biden's Democrats insist on a "clean" debt ceiling bill unaccompanied by cuts. "I have a lot of respect for Senator Feinstein, but she's missed 75% of votes this year.

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