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A jury last year found Lawrence Rudolph guilty of murdering his wife, Bianca, while they were on a hunting trip in the southern African country. Rudolph then filed over $4 million in fraudulent life insurance claims after returning to the US, the release said. I would not murder my wife,” Rudolph told jurors when he took the stand in his own defense. The Phoenix couple shared a passion for big-game hunting and had traveled to Zambia in September 2016 so Bianca Rudolph could add a leopard to her collection of animal trophies. Rudolph killed his wife for insurance money and to be with his girlfriend, Lori Milliron, prosecutors argued.
Persons: Lawrence Rudolph, Bianca, Rudolph, , Bianca Rudolph, , Mark Michalek, ” Rudolph, “ Larry, David Oscar Markus, Margot Moss, Lauren Doyle, Lori Milliron, Milliron, John Dill, ” Dill, “ Lori Milliron, ” Markus Organizations: CNN, US, Office, District of, FBI, DOJ, Denver FBI, Department of Justice Locations: American, Zambia, District of Colorado, Denver, Pittsburgh
CNN —Coco Gauff continued her excellent preparation for this month’s US Open with victory at the Western & Southern Open on Sunday. “I’m really happy with how I was able to manage this week,” Gauff said after becoming the tournament’s youngest ever winner. I wasn’t really serving as good as I did against Iga. I’m glad I was able to push through.”Gauff is still searching for her maiden grand slam title having reached the final of the French Open last year. She won in Auckland in January and Washington two weeks ago, and victory in Cincinnati on Sunday was her fifth career title.
Persons: Coco Gauff, Karolína, “ I’m, ” Gauff, , she’s, It’s, I’m, Gauff, Matthew Stockman, Muchová, Bianca Andreescu, Caroline Wozniacki, Gauff –, Organizations: CNN, & Southern, Sunday, Western & Southern, Women’s Tennis Association, Wimbledon Locations: Flushing Meadows , New York, Auckland, Washington, Cincinnati, Czech
A wealthy dentist who was found guilty of fatally shooting his wife on a hunting trip in Zambia in 2016 has been sentenced to life in prison for murder, the Justice Department said on Monday. “Larry is innocent,” the lawyers, David O. Markus and Margot Moss, said in a statement. “He did not murder his wife.”Image Larry Rudolph’s lawyers, David Oscar Markus, left, and his co-counsel, Margot Moss, outside court on Monday after the sentencing. Credit... David Zalubowski/Associated PressDr. Rudolph, formerly of Paradise Valley, Ariz., collected nearly $4.9 million in life insurance benefits after his wife died during a trip to Kafue National Park in western Zambia. His wife, Bianca Rudolph, a big game hunter, had been hoping to add a leopard to her trophy collection, according to court documents.
Persons: Lawrence Rudolph, Rudolph, “ Larry, David O, Markus, Margot Moss, , Larry Rudolph’s, David Oscar Markus, David Zalubowski, Bianca Rudolph Organizations: Justice, District of Locations: Zambia, U.S, District of Colorado, Paradise Valley, Ariz
The Moline, Illinois-based company posted a 60% rise in quarterly profit, yet investors were seemingly unimpressed as shares slumped for the world's largest farm equipment maker. While it easily beat profit expectations, Deere's stock slump is consistent with other cyclical companies that have outperformed estimates. Deere expects 2023 net income between $9.75 billion and $10.00 billion, up from its previous outlook of $9.25 billion to $9.50 billion. Construction and forestry equipment sales increased 14% on solid demand backdrop fueled by U.S. President Joe Biden administration's $1 trillion infrastructure deal. Sales from equipment operations rose about to $14.28 billion compared to $13 billion a year ago.
Persons: Bianca Flowers, Deere, Kristen Owen, Owen, Jerry Revich, Goldman Sachs, Joshua Jepsen, Joe Biden administration's, Vinay Dwivedi, Elaine Hardcastle, Marguerita Choy Organizations: Deere, Co, REUTERS, Oppenheimer, Co Inc, Goldman, Deere's, U.S, Thomson Locations: Bondurant , Iowa, U.S, Moline , Illinois, Chicago, Bengaluru
[1/2] Steel workers at U.S. Steel Granite City Works in Granite City, Illinois, U.S., May 24, 2018. Vance on Thursday asked U.S. Steel (CLF.N) to rule out a foreign buyer, in a sign that the emerging bidding war for the iconic steel producer could run into political headwinds. Vance, a Republican, said potential U.S. buyers for the Pittsburgh-based company should have priority because domestic steel production is an important aspect of national security. "It appears to be political grandstanding from somebody out making a name for themselves more than any national security interest, said Spoores, principal analyst at CRU Group. Vance was elected to the Senate in 2022 after winning the endorsement of former President Donald Trump, a Republican who also pushed for greater domestic steel production.
Persons: Lawrence Bryant, J.D, Vance, David Burritt, David Sutherland, Josh Spoores, Spoores, Donald Trump, Bianca Flowers, Andy Sullivan Organizations: Steel, U.S . Steel, U.S . Steel Granite City, REUTERS, Thursday, Republican, . Steel, Reuters, Industry, CRU Group, The United Steelworkers Union, Senate, Thomson Locations: U.S . Steel Granite, Granite City , Illinois, U.S, Pittsburgh, Cleveland, Luxembourg, Ohio, Chicago
The data giant has been using AI to help traders and analysts automate tasks and better use data. Bloomberg is making upgrades to its terminal, a ubiquitous piece of technology that traders and analysts use to access the troves of data that underpin Wall Street. The company has been investing in AI to automate tasks for users of its terminal, making it easier to parse through the mountains of information at their disposal. It has updated its widely popular messenger Instant Bloomberg (IB) to automatically suggest relevant research, order forms, or pricing quotes when a user messages specific keywords like "pricing," "research," or "order information." Bloomberg goes all-in on AIBloomberg has been expanding its data empire, from investing in AI to making alternative data more mainstream.
Persons: Mark Flatman, Goldman Sachs, you've, Flatman, they've Organizations: Bloomberg, CNBC, JPMorgan, Citibank, Disney Locations: Wall
Steel workers at U.S. Steel Granite City Works in Granite City, Illinois, U.S., May 24, 2018. REUTERS/Lawrence Bryant/File PhotoCHICAGO, Aug 14 (Reuters) - The United Steelworkers (USW) international president said on Monday that the union supports North American steel producer Cleveland-Cliffs' bid to acquire rival, United States Steel Corp (X.N), adding that the company is the best strategic buyer. "Cliffs is committed to the blast furnace segment of the steel market and U.S. Steel is not," the union's international president, Thomas Conway told Reuters in an interview. The United Steelworker's collective bargaining agreement with U.S. Steel outlines that the company has to take union leadership voices into account for acquisition bids. U.S. Steel has said that it received "multiple unsolicited proposals."
Persons: Lawrence Bryant, Thomas Conway, Conway, Bianca Flowers, Tomasz Janowski Organizations: U.S . Steel, U.S . Steel Granite City, REUTERS, United Steelworkers, United States Steel Corp, Steel, U.S, Reuters, Thomson Locations: U.S . Steel Granite, Granite City , Illinois, U.S, Cleveland, Chicago
Alex Chriss will become the new CEO of PayPal on September 27. Current CEO Dan Schulman announced in February he would retire at the end of 2023. Chriss will come from Intuit, where he is the EVP of small business and self-employed group. Alex Chriss, the executive vice president of small business and self-employed group at Intuit, has been tapped to lead PayPal, the firm announced Monday. The move comes as current PayPal CEO Dan Schulman announced on February 9 that he will retire at the end of the year.
Persons: Alex Chriss, Dan Schulman, Chriss, Schulman, Elliott Management, Intuit's, Alex, John Donahoe Organizations: PayPal, Intuit, Morning
Harris, who has embraced a more combative role as President Joe Biden's re-election campaign kicks into gear, took a swipe at Republicans who have blocked Democrats' proposed gun safety laws, saying such changes are no threat to Americans' constitutional gun rights. Gun rights groups have fought any legislative attempt to curb those rights, calling them an infringement on the Constitution, even as most Americans say they favor stronger gun laws. Harris was speaking at Everytown's "Gun Sense University" in Chicago, an annual event where activists and survivors of gun violence, many of them members of the 10 million-strong "Moms Demand Action" group, gather for training and political organizing. On Thursday, four major gun safety groups, including Everytown, endorsed Biden's 2024 re-election bid, which unlocks donations by the interest groups' political action groups. Makayla Jordan, a 19-year-old member of Students Demand Action, said mass shootings are just one part of the country's "everyday" gun violence epidemic.
Persons: Kamala Harris, Oyun, Kevin Wurm, Harris, Joe Biden's, Biden, Biden's, Michael Bloomberg, Makayla Jordan, Bianca Flowers, Trevor Hunnicutt, Heather Timmons, Rosalba O'Brien Organizations: Mongolia’s, White, REUTERS, Everytown, Safety, United, New, New York City, Democratic, Thomson Locations: Washington , U.S, Chicago, United States, New York
He told Insider he's making the move to help combat cybersecurity on a broader scale. Igor Tsyganskiy, chief technology officer and president, is leaving the world's largest hedge fund after seven years, Insider has learned. Prior to Bridgewater, Tsyganskiy ran database.com, a division of Salesforce.com, and was the cofounder of Tealeaf Technologies, which was sold to IBM. Bell recently told Insider that AI would give Microsoft the upper hand to "finally turn the tables on the attackers." "Basically, end-to-end strategy on how Microsoft approaches the cybersecurity sector is my job," Tsyganskiy told Insider.
Persons: Igor Tsyganskiy, Tsyganskiy, Greg Jensen, Bridgewater's, Oliver Radwan, Kevin Brennan, Ray Dalio, Nir Bar Dea, Bridgewater, Charlie Bell, Bell Organizations: Bridgewater, Microsoft, LinkedIn, Tealeaf Technologies, IBM, Web Services Locations: Bridgewater, Bay Area, Connecticut, Westport , Connecticut, Salesforce.com
Fintech funding has been on a decline from 2021's peak levels, but VCs see signs of a rebound. VCs are itching to get back to dealmaking as they see early signs of a rebound in the fintech industry. Cash-strapped founders who didn't want to fundraise in a down market and get valuations slashed are running out of options and time. They dominated the fintech market in the past several years, but the shine is wearing off, Shriner said. Fintech VCs will get to spend more time on due diligence, looking beyond so-called "vanity metrics," Fernandez said.
Persons: Cash, didn't, Mark Peter Davis, Davis, We're, Tripp Shriner, Robert Ruark, Ruark, B2C, VCs, Shriner, — crowdedness, Stephanie Choo, Marcos Fernandez, KPMG's Ruark, Fintech, Fernandez Organizations: Interplay, Investors, Point72 Ventures, KPMG, Tiger, Portage Ventures, Fiat Ventures Locations: dealmaking, VCs, overvaluations
How to watch WWE Summerslam live streams from anywhereYou can use a VPN to watch Summerslam live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Summerslam in the UKTNT Sports Box Office will show Summerslam in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Summerslam in CanadaSummerslam will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Summerslam in AustraliaBinge is the primary destination for Summerslam in Australia. WWE Summerslam match cardAhead, we list a schedule of all the matches taking place at Summerslam in Detroit, MI.
Persons: Peacock, Roman, We'll, Seth, Freakin, Rollins, Finn Balor, Cody Rhodes, Brock Lesnar, Canada's, It's, ExpressVPN, CEST, NBC Peacock, Brock Lesnar Asuka, Bianca Belair, Charlotte Flair, Logan Paul Gunther, Drew Mcintyre, Shayna Organizations: Ford, WWE, Universal, Tribal, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, Triple, Ronda Locations: United States, Australia, Canada, Detroit , MI
Since ChatGPT's splashy debut in November 2022, generative AI has captured people's and corporations' imaginations. Generative AI is a subset of AI designed to ingest copious amounts of information and create new content. Finance, an industry that runs on data, has been exploring ways to leverage generative AI. At the retail-investing fintech eToro, work is underway to see how generative AI can be deployed to employees and customers. Using generative AI with guardrailsAs the company thinks about opportunities that come with generative AI, it can't ignore the risks.
Persons: Lule, ChatGPT's, Demmissie, hadn't, eToro, ChatGPT Organizations: Morning, Finance, Financial Industry, guardrails Locations: bitcoin
It raised an $11 million seed round in January and raised an additional $6 million in an extension. Here's the pitch deck the startup used to fundraise, which attracted investors like QED Investors. Even though his startup 40Seas only launched seven months ago, for Eyal Moldovan, the business has been decades in the making. 40Seas raised its seed round in January as investors funneled $11 million into the fledgling startup. Here's the 14-page pitch deck 40Seas used to raise its seed and seed extension.
Persons: Eyal, Igor Zaks, Gil Shiff, Suki Gao, Camila, Saruhashim, 40Seas Organizations: QED, Eyal Moldovan, Moldovan, ZIM, Eminence Ventures Locations: Israel, China, India, Tel Aviv, Canada, Europe, Asia Pacific, Australia, New Zealand, Moldovan
Caterpillar warns of lower sales, margins in third quarter
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +2 min
Aug 1 (Reuters) - Caterpillar Inc (CAT.N) warned of a fall in third-quarter sales and margins on Tuesday as dealer inventories rose again, stoking worries that demand for its heavy machinery used in everything from construction to mining may have peaked. Caterpillar, seen as a proxy for global economic activity, said on Tuesday it was expecting third-quarter sales and operating profit margin to be higher than in the previous year, but lower compared to the second quarter. The manufacturer reported a $600 million increase in dealer inventory in the second quarter from a year earlier, primarily in its energy and transportation business, as drilling at North American rigs shows signs of weakening. Meanwhile, Caterpillar reported an adjusted profit of $5.55 per share in the second quarter, beating analysts' expectations of $4.58 per share. Sales rose 21.6% to $17.32 billion, above Wall Street estimates of $16.49 billion.
Persons: stoking, Ryan Keeney, Bianca Flowers, Shivansh, Anil D'Silva Organizations: Caterpillar Inc, Caterpillar, Thomson
Kristofer Baxter leads a team of about 20 UI engineers at Citadel, a $59 billion hedge fund. Now I work at Citadel, leading user interface (UI) on the Citadel X team. But it's really important to be quick. We work really closely with front-office partners and investment professionals so we know what to build. The really important thing there is that you can't be afraid of scale, or even failure.
Persons: Kristofer Baxter, Bianca Chan, Ken Griffin, I've, iterating Organizations: Citadel, Citadel X, Netflix, LinkedIn, Google Locations: Miami
CHICAGO, July 28 (Reuters) - Farm and construction equipment maker CNH Industrial (CNHI.MI), reported better-than-expected operating profit on Friday, though shares fell as much as 6% as an unchanged revenue forecast cast doubt on future growth potential. Globally, CNH, which houses brands such as Case IH and New Holland, was boosted by strong demand for its high-horsepower farm equipment and record construction sales. However, sales for both agriculture and construction equipment contracted in South America. CNH's profit margins have been propped up by price increases across its machinery segments to help offset inflated input costs and a choppy supply chain. He also noted that dealers won't continue to accept double-digit price increases as inflation starts to cool.
Persons: Eric Greaser, Kristen Owen, Scott Wine, CNH's, Bianca Flowers, Giulio Piovaccari, Alessandro Parodi, Jonathan Oatis, Kirsten Donovan Organizations: CNH, IH, South America . Company, Oppenheimer, Co, CNH's, North America . Revenue, Thomson Locations: American, Moody's, New Holland, South America, North America, Chicago
Companies Harley-Davidson Inc FollowJuly 27 (Reuters) - Harley-Davidson Inc. (HOG.N) revised its sales outlook for the year after profit fell 17.5% in the second quarter as a suspension of production hit motorcycle shipments, the company said on Thursday. The 120-year old manufacturer revised its full-year revenue target and is anticipating sales growth of flat to 3% from its previous forecast of 4-7%. Net profit fell to $178 million, or $1.22 per share, in the second quarter, from $215.9 million, or $1.46 per share, a year earlier. Sales from motorcycles and related products fell about 4.4% to $1.19 billion in the quarter, which ended June 30. The company's financial services division saw a 19% increase in revenue growth but operating income was down 31% from the year prior.
Persons: Harley, Bianca Flowers, Sriraj, Conor Humphries Organizations: Davidson, Harley, Davidson Inc, . Company, Thomson Locations: York, Pennsylvania, Chicago, Bengaluru
Tripp Shriner is a managing partner at Point72 Ventures, the VC arm of Steve Cohen's hedge fund. Point72 Ventures is now actively looking for new fintech investments after what it said was "a quieter period"— it last invested in payment startup Pagos' $34 million Series A in February. "We're still early, getting toward the check-writing side of things," Tripp Shriner, managing partner and fintech investor at Point72 Ventures, told Insider. The investment themes lay the groundwork for where Point72 Ventures will spend its time and money in the coming months and years. Point72 Ventures' approach to AI is largely guided by how financial firms want to use the tech.
Persons: Tripp Shriner, Steve Cohen's, Fintechs, We're, Shriner, it's Organizations: Point72 Ventures, Point72, Mastercard Locations: fintech, KYC
Svitolina, Andreescu get Washington Open wild cards
  + stars: | 2023-07-26 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Tennis - French Open - Roland Garros, Paris, France - May 30, 2023 Canada's Bianca Andreescu in action during her first round match against Belarus' Victoria Azarenka REUTERS/Kai Pfaffenbach/File PhotoJuly 26 (Reuters) - Former Ukrainian world number three Elina Svitolina and 2019 U.S. Open champion Bianca Andreescu have been handed wildcards to compete in the Washington Open later this month, the organisers said on Wednesday. The 28-year-old Svitolina, ranked 27th, reached the semi-finals of Wimbledon earlier this month just nine months after giving birth to daughter Skai. Canadian Andreescu, 23, reached the third round at the grasscourt Grand Slam. Former world number four Kei Nishikori, Frenchman Gael Monfils and South African Kevin Anderson were given wildcards into the men's draw. The Washington Open will be held from July 31-Aug. 6.
Persons: Roland Garros, Bianca Andreescu, Victoria Azarenka, Kai Pfaffenbach, Elina Svitolina, Skai, Sofia Kenin, Danielle Collins, Kei Nishikori, Frenchman Gael Monfils, Kevin Anderson, Pearl Josephine Nazare, Pritha Sarkar Organizations: Belarus, Victoria, Victoria Azarenka REUTERS, Washington, Wimbledon, Frenchman, South, Thomson Locations: Paris, France, Ukrainian, Bengaluru
Tripp Shriner is a partner at Point72 Ventures, the VC arm of Steve Cohen's hedge fund. "We're still early, getting toward the check-writing side of things," Tripp Shriner, partner and fintech investor at Point72 Ventures, told Insider. The investment themes lay the groundwork for where Point72 Ventures will spend its time and money in the coming months and years. Point72 Ventures' approach to AI is largely guided by how financial firms want to use the tech. However, success would depend on financial firms' willingness to adopt such a fundamental change.
Persons: Tripp Shriner, Steve Cohen's, Fintechs, We're, Shriner, it's Organizations: Point72 Ventures, Point72, Mastercard Locations: fintech, KYC
Morgan Stanley wants more partnerships with tech vendors focused on cloud, data, and AI. Two years before OpenAI ballooned into the artificial intelligence juggernaut it is today, Sean Manahan's team at Morgan Stanley met with what was then an up-and-coming research nonprofit. For its part, Morgan Stanley is capitalizing on its ties with OpenAI to supercharge the bank's lucrative wealth-management business. Morgan Stanley's tech strategy is about 80% buy to 20% building tech inhouse and the pipeline of tech vendors has exploded. Morgan Stanley, like every other finance firm on the Street, has also moved to the cloud.
Persons: Morgan Stanley, Sean Manahan, OpenAI, Sean Manahan's, OpenAI's ChatGPT, Manahan, he's, Morgan Stanley's, it's, fintechs, They're, VCs, Morgan Organizations: Stanford, Microsoft, Investors, Amazon Web Services, Google, Apple
Marketa Vondrousova came to the All England Club a year ago unable to play tennis at all. Vondrousova became the first unseeded woman to win Wimbledon on Saturday, coming back in each set for a 6-4, 6-4 victory over 2022 runner-up Ons Jabeur in the final. Following the match, King greeted Vondrousova with a hug and told her: "First unseeded ever. 6 Jabeur, Vondrousova kept falling slightly behind. Another miscue gave Vondrousova a break point, and Jabeur gifted that with yet another shot into the net.
Persons: Marketa Vondrousova, Vondrousova, I've, Billie Jean King, Kate, Princess, Wales, King, Vondrouova, I'm, Jabeur, Elena Rybakina, Rybakina, Sabalenka, Bianca Andreescu, blip Organizations: All England Club, Wimbledon, U.S Locations: London, Czech Republic, Tunisia
DES MOINES — Former Fox News host Tucker Carlson sparred with former Vice President Mike Pence over the war in Ukraine here Friday at the Family Leadership Summit. The two argued over whether Ukrainian President Volodymyr Zelenskyy’s government was respecting religious liberty. While on Fox News, Carlson was frequently critical of Ukraine and U.S. support for the country in the war with Russia. Tucker Carlson and Former Vice President Mike Pence speak at the Family Leadership Summit. “I’m really never surprised by Tucker Carlson,” he replied.
Persons: Tucker Carlson sparred, Mike Pence, Pence, Tucker, , Carlson, Jan, “ I’ve, ” Pence, Volodymyr Zelenskyy’s, , Zelenskyy, Tucker Carlson, Scott Olson, Donald Trump, Ron DeSantis —, “ I’m, Joe Biden Organizations: MOINES, Former Fox News, Family Leadership, Capitol, Ukrainian, Fox News, Ukraine, Florida Gov, Carlton Locations: Ukraine, U.S, Russia, United States, America, Ukrainian
DES MOINES — Friendly chatter between moderator Tucker Carlson and Republican presidential hopeful Asa Hutchinson quickly devolved during an onstage interview Friday at the Family Leadership Summit, a major gathering of social conservatives. Right off the bat, Carlson asked the former Arkansas governor if his stance had changed from when he vetoed a ban on gender-affirming care for transgender youth in 2021. As Carlson repeatedly questioned him about care for transgender minors, Hutchinson asked Carlson to move on. Tensions escalated further when the former Fox News host pivoted to vaccines, asking how many shots Hutchinson had received. While speaking to reporters after his interview with Carlson, Hutchinson said he nevertheless believes he won over Iowa voters.
Persons: Tucker Carlson, Asa Hutchinson, Carlson, Hutchinson, , “ Tucker, ” Carlson, ” Hutchinson, he’d, Hutchinson interjected, “ I’m, Organizations: MOINES, Family Leadership, Fox News, National Guard, Iowa Locations: Arkansas
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