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Billionaire investor Leon Cooperman said he is significantly invested in energy stocks, citing the rise in oil prices given the Middle East conflict. The chair and CEO of the Omega Family Office said roughly 15% of his family office assets are in energy, at a time when oil prices have been spiking and weighing on the broader equity market. Cooperman has favored energy stocks in the past. The S & P 500 energy sector advanced more than 47% that year. Energy prices have recently come off their highs after Iran and Israel signaled they are not interested in a wider conflict.
Persons: Leon Cooperman, Cooperman, CNBC's, , Yun Li, Spencer Kimball Organizations: Omega Family Office, West Texas Locations: Iran, Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNuclear energy is not for everyone but many countries are 'seriously committed,' industry body saysSama Bilbao y León, director general of World Nuclear Association, discusses the nuclear energy industry, its safety record and the countries leading the way.
Organizations: León, World Nuclear Association
Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the university's campus. Unlike the megadonor Robert Kraft, Cooperman said he's not pulling his donations. AdvertisementThe Wall Street titan Leon Cooperman is the latest billionaire to weigh in on student protests over Israel's war in Gaza. But unlike the megadonor Robert Kraft, Cooperman said he'd continue to give to Columbia even as he trashed student demonstrators. Kraft said he'd continue to support the school's Kraft Center for Jewish Student Life, which is named after him.
Persons: Leon Cooperman, Robert Kraft, Cooperman, he's, , he'd, Israel, Turkey —, Nemat, Shafik, Peace —, Goldman Sachs, Kraft, megadonors, Marc Rowan, Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Liz Magill Organizations: Service, CNBC, Columbia University, Columbia, Hamas, Capitol, — Columbia, Apartheid, Columbia Students, Justice, Jewish, Peace, New York City Police Department, Barnard College, Columbia Business School, Hunter College, Kraft, Patriots, school's Kraft Center for Jewish, Cooperman, Yale, New York University, Harvard, University of Pennsylvania Locations: Columbia, Gaza, Cooperman, Bronx, Israel, United States, Cyprus, Jordan, Turkey, Palestine
Charly Triballeau | AFP | Getty ImagesBillionaire donors like Robert Kraft and Leon Cooperman are weighing their support for Columbia University amid rising campus tensions over pro-Palestinian protests. "Columbia is grateful to Mr. Kraft for his years of generosity and service to Columbia," a Columbia spokesperson said in a statement to CNBC. Cooperman and Kraft so far, represent a minority of wealthy Columbia University donors who are speaking out on the protests. CNBC reached out to half a dozen foundations listed by Columbia University as having given at least $1 million to the school since 2014. Students protest in support of Palestinians on Columbia University campus, as protests continue inside and outside the university, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in New York City, U.S., April 22, 2024.
Persons: Bruce A Blakeman, Charly Triballeau, Robert Kraft, Leon Cooperman, Kraft, Nemat, Shafik, Roger Goodell, Austin McAfee, Cooperman, James Gorman, Morgan Stanley, David Greenspan, Leon Cooperman Scott Mlyn, University President Shafik, Caitlin Ochs Organizations: Nassau, Columbia University, AFP, Getty, Columbia, New England Patriots, Georgia World, Center, Kraft Group, Foundation, Combat, Kraft Center for Jewish, The Kraft Group, CNBC, Omega Family, Columbia Business School, Slate, CNBC Columbia Students, Justice, New York Police, NYPD, University President, Students, Columbia University campus, Hamas Locations: New York, Columbia, Gaza, Atlanta, Palestine, Israel, Palestinian, New York City, U.S
A Senate committee is asking Bank of America about payments from Leon Black to Jeffrey Epstein. The Senate is investigating tax avoidance strategies used by the mega-rich, The New York Times reports. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Senate committee investigating $158 million in payments that private equity investor Leon Black made to Jeffrey Epstein has brought Bank of America into the mix.
Persons: Leon Black, Jeffrey Epstein, , Ron Wyden Organizations: Bank of America, New York Times, Black, Service, Senate Finance Committee, Business Locations: Oregon
A U.S. Senate committee investigating the tax avoidance work that Jeffrey Epstein, the registered sex offender, did for the private equity mogul Leon Black has questioned Bank of America over Mr. Black’s hefty payments to Mr. Epstein, according to a letter viewed by The New York Times. They included fees paid to Mr. Epstein for advising on a sophisticated trust that saved Mr. Black more than $1 billion in taxes. Mr. Black’s decades-long business dealings and personal relationship with Mr. Epstein have dogged him ever since Mr. Epstein was arrested on federal sex trafficking charges in July 2019. (Mr. Epstein hanged himself in a federal jail a month after his arrest.) Mr. Black, a co-founder of Apollo Global Management, with a net worth of $13 billion, ultimately stepped down from all leadership posts because of the controversy.
Persons: Jeffrey Epstein, Leon Black, Epstein, Ron Wyden, Black, Banks Organizations: U.S, of America, Mr, The New York Times, Senate Finance Committee, Apollo Global Management Locations: Oregon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley and Bank of America: CFRA's Ken Leon on key takeaways from big bank earningsKen Leon, CFRA director of equity research, joins 'Squawk Box' to discuss his takeaways from Morgan Stanley and Bank of America's earnings.
Persons: Morgan Stanley, CFRA's Ken Leon, Ken Leon Organizations: Bank of America, Bank
Iran on April 14 urged Israel not to retaliate militarily to an unprecedented attack overnight, which Tehran presented as a justified response to a deadly strike on its consulate building in Damascus. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)Crude oil futures fell for a second day Tuesday as the U.S. expects a limited response from Israel to an unprecedented air assault by Iran, reducing fears that the Middle East is on the verge of a broader regional war. Four U.S. officials told NBC News they expect an Israeli response to Iran's attack to be limited in scope and most likely to involve strikes on Iranian forces and their proxies outside Iran. Israel's War Cabinet met for several hours Monday to weigh how Israel should response. An Israeli official told NBC News after the meeting that a response may be "imminent."
Persons: ATTA KENARE, Brent, Jorge Leon Organizations: Getty, West Texas Intermediate, U.S, NBC News, Rystad Energy Locations: Persian, Israel, Tehran, Iran, Damascus, AFP
Oil prices fell at Asia's open on Monday, as market participants dialed back risk premiums following Iran's attack on Israel late on Saturday which the Israeli government said caused limited damage. The attack involving more than 300 missiles and drones was the first on Israel from another country in more than three decades. Oil benchmarks had risen on Friday in anticipation of a retaliatory attack by Iran, touching their highest levels since October. But prices still ended the week down about 1% after the International Energy Agency lowered its forecast for oil demand growth this year. A "less certain path to Fed rate cuts" because of persistent U.S. inflation also weighed on prices, Sycamore said.
Persons: Brent, Tony Sycamore, Jorge Leon, Analysts, Sycamore Organizations: West Texas, Israel's, Iran, International Energy Agency, Rystad Energy Locations: Tutong district, Brunei, Israel, Iran, Damascus, Gaza, U.S, Syria, Strait, Hormuz, East, Europe
An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel April 14, 2024. Iran launched more than 300 drones and missiles against military targets in Israel on Saturday in an attack that President Joe Biden described as "unprecedented." The air assault was the first time Iran has directly attacked Israeli territory, senior U.S. military officials told reporters in a call Sunday. The attack was launched from locations in Iran, Iraq, Syria and Yemen, the officials said. More than 100 ballistic missiles were fired at Israel as well as land attack cruise missiles and drones, a senior administration official said.
Persons: Israel, Brent, Joe Biden, Biden, Daniel Hagari, John Kilduff, Netanyahu, Jorge Leon, Leon Organizations: The West Texas Intermediate, May, Nevatim Air Force Base, Israel Defense Forces, Again, Rystad Energy, Sunday, U.S, Islamic Locations: Iran, Israel, Ashkelon, U.S, The, Iraq, Syria, Yemen, Damascus
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Together, the New York City-based couple earns about $250,000 annually, with both making six-figure salaries. We're both less than five years into our careers, and while we're considered in the top 10% of earners, it doesn't feel like that at all. Whatever I have left after wedding expenses, I consider my discretionary spending money. My food and travel expenses are typically paid for when I'm working late into the evening, so it saves me a lot of charges.
Persons: , Sheldon, we're, we'll, I've, Leon Dore —, I'm Organizations: Service, Camry, New, Bureau of Labor Statistics, Business, CorePower Locations: New York City, Central Park, South Africa, Singapore, Paris, Japan
They scuttled House Speaker Mike Johnson’s plan to extend the FISA Section 702 program with minimal tweaks. It is true that the FBI obtained warrants through FISA to wiretap Carter Page, an adviser to Trump’s first presidential campaign. According to the National Security Agency, 60% of what appears in the Presidential Daily Brief has some data that comes from the 702 program. The 702 program has been updated in the years since its inception, including in 2018, to include new protections to minimize Americans’ communications from being accessed without a warrant. Additionally, these proposals would bar the government from sidestepping warrant requirements by simply buying the data of Americans from so-called data brokers.
Persons: CNN —, Donald Trump, , Mike Johnson’s, Carter, Trump’s, Trump, Read, Katie Bo Lillis, Johnson, Christopher Wray, , Leon Panetta Organizations: CNN, Foreign Intelligence, Trump, FISA, Republicans, FBI, Privacy, Civil, National Security Agency, Center for Justice, New York University, Brennan Center, Intelligence Community, National Intelligence, House, CIA, New Locations: Ukraine, Russia, Moscow, New York City
CNN —Locals in the Canary Islands are mobilizing to protest against excessive tourism, blaming visitors for pricing them out of their homes and causing environmental damage. “Every person who joins the human chain sends a strong message to the government: The Canary Islands are not willing to continue sacrificing their future,” it said in a post on Facebook published Wednesday. The group also blames local authorities for approving large tourist developments that worsen existing issues, such as increasing water shortages. “The objective is to create a committee of experts to establish common guidelines,” said Jéssica de León, minister for tourism and employment in the Canary Islands regional government, in a statement published Tuesday. Concerns about the impact of tourism are not unique to the Canary Islands.
Persons: Fundación, , , EyesWideOpen, Jéssica, León, De León Organizations: CNN, Locals, Se Agota, Facebook Locations: Africa, Tourism, Tenerife, Canary, Spanish, Barcelona
CNN —Interim head coach Twila Kilgore said that the US Women’s National Team will only keep improving after winning a fifth straight SheBelieves Cup in a dramatic penalty shootout against Canada. Goalkeeper Alyssa Naeher made three saves and scored a penalty in the shootout after Tuesday’s game in Columbus, Ohio, ended 2-2. We have a growth mindset, we’re getting better, and like I said at Gold Cup, this team is just getting started.”The victory marked the US’ seventh SheBelieves Cup title and fifth in a row after previous wins against Spain, Brazil, Iceland and Japan. The victory will give the team confidence ahead of the Olympics later this year with a fifth gold medal – and first since 2012 – on the line. “I will be there to support her and the team as we move forward and that’s an exciting thing.”
Persons: Twila Kilgore, Alyssa Naeher, Adriana Leon, Sophia Smith, Smith, Trinity Rodman, Crystal Dunn, Leon, Kadeisha Buchanan, Emily Sonnett, Lindsey Horan, Naeher, Evelyne, Emily Fox, Jason Mowry, ” Kilgore, Emma Hayes, “ I’m, we’re, Jay LaPrete, Hayes, , , Kilgore Organizations: CNN, Interim, US, National Team, Canada, Getty, Chelsea, Gold, Spain, Brazil, Japan, South Locations: Columbus , Ohio, Brazil, Iceland, Japan, Canada, South Korea, Mexico, Paris
Opinion | The Economic Luminary Who Loved Solar Eclipses
  + stars: | 2024-04-08 | by ( Peter Coy | ) www.nytimes.com   time to read: +1 min
In 1857, William Stanley Jevons was 22 years old and was working as an assayer for the Sidney Mint. Two eclipses passed over Australia that year, and Jevons enthusiastically tracked both. I think it’s interesting nonetheless, because Jevons went on to become one of the most important economists of his century. Your first glass of orange juice tastes great, the second less so, and the third you pour down the drain. So don’t buy that third glass of orange juice.
Persons: William Stanley Jevons, Jevons, , , Léon, Carl Menger Organizations: Sidney Mint Locations: Australia, Bellevue Hill, Switzerland, Austria
Why did billionaire Leon Black pay Jeffrey Epstein $158 million for estate-planning advice? Black has an answer: He wasn't keeping track of it; $158 million doesn't mean much to him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or, at least, that's what financier Leon Black says about his relationship with disgraced pedophile Jeffrey Epstein. This story is available exclusively to Business Insider subscribers.
Persons: Leon Black, Jeffrey Epstein, Black, , Black's, Epstein Organizations: Service, Business
Despite repeatedly expressing its frustration with Israeli tactics, the White House has been unwilling or unable to impose any leverage on the prime minister. There was no immediate response from the prime minister, who held a cabinet meeting after the call that he used to warn that Israel will defend itself against Iran. The Israeli prime minister is a consummate Washington player and has been engaging with Biden’s Republican foes on Capitol Hill, in an alliance that could increase political complications for the president if he creates deeper fractures with the Israeli prime minister. If Biden eventually assesses his warnings are falling on deaf ears, his credibility will depend on him publicly imposing a cost on the Israeli prime minister. But Biden’s political imperatives and the increasing humanitarian price of the war in Gaza mean he’s approaching a fateful crossroads.
Persons: Joe Biden, Benjamin Netanyahu, Netanyahu, Biden, , Antony Blinken, Delaware Sen, Chris Coons, Blinken, Israel, John Kirby, Israel –, fulsomely, Biden didn’t, Leon Panetta, CNN’s Jake Tapper, , Independent Sen, Bernie Sanders, Tapper, , ” Sanders, ” Netanyahu’s, ” Netanyahu, ” Kirby, Mike Johnson Organizations: CNN, Arab, Israel, Israel Defense Forces, Democrat, White, Democratic, White House, National Security Communications, Independent, Hamas, Islamic, Islamic Revolutionary Guard Corps, United, Washington, Republican, GOP Locations: Israel, Gaza, United States, Delaware, Palestinian American, Brussels, Washington, Vermont, Iran, Islamic Republic, Damascus, Rafah
CNN —A man has pleaded guilty to stealing a toilet made entirely from 18-carat gold and worth more than $6 million from the English stately home where wartime leader Winston Churchill was born. It had been plumbed into the building so the theft also caused significant damage and flooding, police reported at the time. "Daddy, Daddy", a large scale recreation of the drowning Disney character Pinocchio, created by artist Maurizio Cattelan, is seen in a pool at Blenheim Palace on September 12, 2019. The golden toilet, titled "America," was part of the same exhibition at the stately home. Leon Neal/Getty ImagesAt Blenheim Palace, the toilet was installed in a room next to the one in which Churchill was born.
Persons: Winston Churchill, James Sheen, Maurizio Cattelan, , Sheen, America ”, Donald Trump’s, Vincent Van Gogh’s, Leon Neal, Churchill, Cattelan, Michael Jones, Frederick Sines, Frederick Doe, Bora Guccuck Organizations: CNN, Oxford Crown, UK’s, Media, Prosecution Service, National Horse Racing Museum, America, Guggenheim, Blenheim, New Yorker Locations: Blenheim, Italian, Five Wells, Newmarket, New York City, United States, Oxford, Ascot , Berkshire, London
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoardroom proxy battle has been 'therapeutic' for Disney's management, says CFRA's Ken LeonKen Leon, CFRA Director of Equity Research, joins 'Closing Bell Overtime' to talk the ongoing showdown between Disney CEO Bob Iger and board nominee Nelson Peltz.
Persons: Ken Leon Ken Leon, Bob Iger, Nelson Peltz Organizations: Equity Research, Disney
How the Renovation of a House Rocked a Famous Church
  + stars: | 2024-04-01 | by ( Ronda Kaysen | ) www.nytimes.com   time to read: +1 min
Abyssinian Baptist Church is one of the oldest Black churches in America, and certainly one of the most storied. Hundreds of mourners have gathered at the 216-year-old institution in recent years for the memorial services of Cicely Tyson and André Leon Talley. It’s the kind of church where networking mixes with Bible study, and the roll reads like a who’s who list of Black intelligentsia and entrepreneurship. A year later, Ms. Porter and her husband, Tommie Porter, hired the deacon as a contractor to lead the renovations of the $1.44 million house. “We really loved the idea of keeping it in the community,” said Ms. Porter, 44, host of “CrimeFeed” on Investigation Discovery.
Persons: Barack Obama, Cicely Tyson, André Leon Talley, Mara Porter, Porter, Tommie Porter, , Organizations: Abyssinian, Church, Columbia University Locations: America, Harlem
Rebel Wilson told The Sunday Times she was contractually required to stay overweight for "Pitch Perfect" movies. The actor chose to "get healthy" at the end of 2019, and her weight loss was highly publicized. Despite her successful career, Wilson said she received more attention for her weight loss than any of her movie roles. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRebel Wilson said she was contractually obligated to remain overweight while filming the "Pitch Perfect" movies.
Persons: Rebel Wilson, Wilson, , Amy, Cate Blanchett, Nicole Kidman, Leon Bennett, I'd Organizations: Sunday Times, Service Locations: Australian
Dr. Mikhail Varshavski is known as Dr. Mike on social media. “Zoom out of just thinking about, ‘What I can take or what I can eat?’ and understand that there’s a lot of other things that impact your weight,” Dr. Mike said. “(Make) sure that you get help when it comes to mental health issues and concerns,” Dr. Mike said. For example, Dr. Mike said he recently had a guest on his podcast who tried to equate a chocolate kiss to a grape. While you may compare them based on their sugar content, that’s one way to categorize them,” Dr. Mike said.
Persons: Sanjay Gupta, what’s, Mikhail Varshavski, Mike, , Ponce de León, we’re, ” Dr, Dr, , ” “, edu ”, , That’s, “ It’s, You’re, Skip, you’re, Jennifer Lai Organizations: CNN, Facebook, YouTube, TED, Inc, US Centers for Disease Control, Harvard Medical Locations: Chatham , New Jersey, Ponce, “ .
Former Nickelodeon stars are speaking out after Investigation Discovery's docuseries "Quiet on Set." AdvertisementInvestigation Discovery's docuseries "Quiet on Set: The Dark Side of Kids TV" has cast a shadow over Nickelodeon's legacy in children's TV. AdvertisementIn the meantime, here's everything former Nickelodeon stars have said since the release of "Quiet on Set." After coming forward about being sexually abused as a teen, Drake Bell called Nickelodeon's response 'empty'Drake Bell in episode two of the Investigation Discovery docuseries "Quiet on Set: The Dark Side of Kids TV." Josh Peck said that he contacted his 'Drake & Josh' costar Drake Bell privately to offer his supportJosh Peck and Drake Bell on season four of "Drake & Josh."
Persons: Discovery's, Drake Bell, Alexa Nikolas, , Dan Schneider, Kate Taylor, Schneider, he'd, Nicole Bristow, Nikolas, Dan, doesn't, it's, Bell, Brian Peck, Sarah Fraser, Nickelodeon's, Peck, Tom DeSanto's, Drake, DeSanto, Josh, Josh Peck, Beth, Rich Correll, Raquel Lee Bolleau, Bolleau, Devon Werkheiser, Lindsey Shaw, Daniel Curtis Lee, Frazer Harrison, costars Lindsey Shaw, Werkheiser, Daniel, Zoey, Jack Salvatore, Mark Del Figgalo, Nickelodeon Salvatore, Sam, Salvatore, Jennette McCurdy, BooG, Bobby Bowman, Nancy Sullivan, Miranda Cosgrove, Jonathan Goldstein, WireImage Sullivan, Audrey Parker, Nichols, Sullivan, Bryan Hearne, Hearne, Tracey Brown, Madisyn Shipman, Shipman, Abby Wilde, Stacey Dillsen, They're, who's, Chris Massey, Michael, , Massey, Michael Barret, Angel Massey, @chrismasseytmb, DAN, Allie DiMeco, DiMeco, Rosalina, Leon Frierson, Dan Schneider's, Frierson, I'm, Amber Frank, Frank, Kenan Thompson, Christopher Polk, Thompson, Kenan, Kel, I've, that's Organizations: Nickelodeon, Service, Business, YouTube, Eat, Kids, Disney Channel, Entertainment, Getty Locations: Hollywood
Of the triumvirate of recent Democrats in the White House, Mr. Biden is the one who historians, political strategists and policy experts argue has racked up the most expansive list of legislative accomplishments — and has received the least amount of credit for them. It is a roster of achievement that surpasses Bill Clinton and Barack Obama, the two Democratic former presidents who will join him on Thursday in New York. And yet Mr. Biden’s approval ratings are the lowest of all three men. While voters broadly support some of Mr. Biden’s key policies, they are far more pessimistic about the future. And they’re not confident in his ability to serve a second term.
Persons: Biden, Bill Clinton, Barack Obama, ” Leon Panetta, Clinton’s, Obama’s, Mr Organizations: Democratic Locations: New York City, New York
Linda Bean, an heir to the Maine outdoor retailer L.L. Bean who created a company of her own to market other famous Maine products, chiefly lobster rolls and seaside rentals, and who was an outspoken conservative in a state with a tradition of favoring political independents, died on Saturday. She was 82. An obituary, which did not cite a cause or say where she died, was posted by the funeral home handling her burial. Ms. Bean was a granddaughter of Leon Leonwood Bean, the purveyor of rubber-soled duck boots and plaid flannel shirts that crossed over from hunters to preppies, fueling the company’s growth into a national catalog behemoth and one of Maine’s largest employers.
Persons: Linda Bean, Bean, Leon Leonwood Bean, Donald J, Wyeth Organizations: Trump Locations: Maine
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