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☆ Lorusso: Tech and AI offer big growth and cash flow.
▼ + stars: | 2024-10-16 | 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 EmailLorusso: Tech and AI offer big growth and cash flow. Vince Lorusso, CEO at Clough Capital, favors equities, especially in tech and AI, despite recent volatility. He is cautious on consumer durables but believes overall spending remains strong.

Persons: Vince Lorusso Organizations: Tech, Clough Capital

☆ ‘It was a massive thing’ to be England’s first Black football player, says Viv Anderson
▼ + stars: | 2024-10-07 | by ( George Ramsay | ) edition.cnn.com time to read: +10 min

Yet despite the atrocious conditions, the fixture went ahead as planned, and after 90 minutes of less-than-inspiring football, England had beaten Czechoslovakia 1-0 at Wembley Stadium. More importantly, however, was the fact that Anderson had made history as the first Black player to represent the England national team. Up and down the country, Anderson says that racist abuse formed an ugly backdrop to some of his football career. “It’s one of those things we (Black players) all had to get through if we wanted to make a career,” he says. Whether it be on the playground, whether it be at home with nieces and nephews, I was always playing football.

Persons: Viv Anderson, Anderson, ” Anderson, Anderson’s, Queen Elizabeth II, Elton John, “, didn’t, Peter Robinson, –, ”, Graham Budd, Brian Clough, Clough, ’ ”, “ ‘ You’ve, you’ve, Shutterstock Anderson, Clyde Best, Laurie Cunningham, Brendon Batson, Cyrille Regis, ’ ” Regis, you’re, ’ ” Anderson, Michel Barrault, Keith Alexander, Lincoln, nothing’s, That’s, Richard Masters, Simon Bruty, Jack Leslie, Greg Clarke, it’s Organizations: CNN, England, Wembley, England national, Nottingham Forest, Manchester United, Arsenal, CNN Sport, –, FA Cup, Football League, West Brom, English Premier League, Black, English Football Association, ” Premier League, Plymouth Argyle Locations: Czechoslovakia, Nottingham, England, Jamaica, Carlisle, Coventry

☆ Even millennials are getting too old to land a tech job
▼ + stars: | 2024-09-23 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.

Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China

☆ Insider Today: Undercover millionaires
▼ + stars: | 2024-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

This story is available exclusively to Business Insider subscribers. AdvertisementIn fact, Business Insider spoke with several millionaires who achieved their riches without using get-rich-quick tricks. Matt Harrison Clough for BITo banner, or not to bannerThe LinkedIn Open to Work banner makes some job seekers feel embarrassed. Amazon, Tyler Le/BIAmazon's AI conundrumAmazon's big new AI product is off to a rocky start. AdvertisementMessages and an internal memo seen by Business Insider show AWS employees raising concerns about the AI chatbot's performance.

Persons: —, Kevin O'Leary, Jim Harbaugh, Will Aaron Rodgers, that's, it's, Natalie Ammari, aren't, Matt Harrison Clough, Tyler Le, Jenny Chang, Rodriguez, Hemant Taneja, Commure, Steve Eisman Organizations: Service, Business, NFL, Kansas City Chiefs, Los Angeles Chargers, University of Michigan, New York Jets, Netflix, ESPN Bet, BI, Fidelity Locations: New York

☆ Lorusso: Volatility is concerning but not enough to change bullishness
▼ + stars: | 2024-07-29 | 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 EmailLorusso: Volatility is concerning but not enough to change bullishnessVince Lorusso, President and CEO of Clough Capital, discusses earnings season and mega-cap tech.

Persons: Vince Lorusso Organizations: Clough Capital

☆ Displaying art in your home? Here are some do's and don'ts
▼ + stars: | 2024-05-13 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Andreas Von Einsiedel | Corbis Documentary | Getty ImagesThere are two common mistakes people make when hanging art in their homes, according to art consultant Louisa Warfield. People sometimes make the mistake of hanging artwork too high, according to art consultant Louisa Warfield. Louisa Warfield Art ConsultancyA guideline is to hang the work so that its center is about 150cm above the floor, Warfield said. Louisa Warfield Art ConsultancyIn a large home, a gallery wall might be about 160cm in height and about the width of the couch the art will hang above, Warfield said. Art collector Helen Sunderland Cohen said she aims for a "harmonious and balanced" environment when it comes to playing art.

Persons: Louisa Warfield, Andreas Von Einsiedel, Warfield, it's, David Price, Rachael Harding, —, Louisa Warfield's, Sophie Carter, Yoko Kloeden, Helen Sunderland Cohen, Yinka Shonibare, Aimee Parrott, Prunella Clough, Simon Bejer, Sunderland Cohen Organizations: CNBC, Sunderland, City & Guilds School of Art Locations: British, Nigerian, London

☆ Backdrop for equity investing is really favorable right now, says Vince Lorusso
▼ + stars: | 2024-04-29 | 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 EmailBackdrop for equity investing is really favorable right now, says Vince LorussoVince Lorusso, CEO of Clough Capital, discusses the busiest week of earnings season and the upcoming Fed decision.

Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital

☆ We like equities but are being opportunistic in certain sectors, says Vince Lorusso
▼ + stars: | 2024-03-12 | 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 EmailWe like equities but are being opportunistic in certain sectors, says Vince LorussoVince Lorusso, CEO and Portfolio Manager at Clough Capital, discusses CPI, the direction of rates and equities, and his recent portfolio moves.

Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital

☆ Inside a Michigan Town's War Over a Chinese-Owned Battery Plant
▼ + stars: | 2024-03-10 | by ( Brent Crane | ) www.businessinsider.com time to read: +24 min

This was nothing short of a communist invasion, in his eyes, and the patriots of Green Charter needed to rise up and confront the Red Peril. But the backlash in Green Charter represents something seldom seen since the Red Scare: a quasi-militant, homegrown resistance to the perceived threat of communism at home. But as the war over Gotion began to consume Green Charter, Riebow began to feel that the township board was behaving "too secretly." It's easy to dismiss what's happened in Green Charter as yet another sign of America's descent into dangerous incivility. Asked about Gotion's plans in Green Charter, Panetta replied, "I don't think there's any question that they are going to take advantage of that situation."

Persons: Jeff Peticolas, Sam Peticolas, He'd, Peticolas, Gos, Green, Matt Harrison Clough, Jim Chapman, I've, Chapman, freaked, Rush Doshi, Joe Biden's, Doshi, Donald Trump, Sen, Katie Britt, Lori Brock, Kristina Karamo, Lana Theis, John Moolenaar, it's, Gotion, John Holdsworth, I'm, Tracy Ruell, Ruell, Carlleen Rose, she'd, Suzi, Tim Hahn, Hahn, texted Hahn, Jeff, Corri Riebow, She'd, Riebow, Breitbart, Gretchen Whitmer, —, we've, Holdsworth, Jason Kruse, Kruse, that's, Kruse demurred, Hahn's, we're, We're, what's, William Evanina, Leon Panetta, Barack Obama's, Panetta, Brent Crane Organizations: Imperial, Pacific, Nikon, Ferris State University, Tech, Green Charter, BI Green Charter, Michigan, United States, Chinese Communist Party, Michigan Republican Party, Michigan GOP, WE, Republican, Republicans, Gotion, Treasury Department, BI, CCP politburo, Party, Communist Party of China, SAIC, Nexteer Automotive, Facebook, Big Rapids, Local, Moolenaar, Fox News, Daily Mail, Gov, Green Charter's, Ferris State, Big, FBI Locations: Pearl, He'd, Imperial Japan, Vietnam, Mecosta County , Michigan, American, Green Charter, Green, China, Green Charter's, Montana, Beijing, Arkansas, Reedley , California, Manteno , Illinois, Washington, America, United, United States, Biden's State, Alabama, Mecosta County, Michigan, Sweden, Big Rapids, enervated, Gotion, Northern Michigan, USA, Filipino, Charter, San Diego

☆ Rates will likely have to go down sooner rather than later, says Vince Lorusso
▼ + stars: | 2023-11-29 | 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 EmailRates will likely have to go down sooner rather than later, says Vince LorussoVince Lorusso, CEO of Clough Capital, discusses the markets this month and where he's finding opportunity.

Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital

☆ Make America Build Again
▼ + stars: | 2023-11-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +37 min

America is the sixth-most-expensive place in the world to build subways and trolleys. The solutions will cost trillions of dollars and require a pace of building unseen in America since World War II. Perhaps the single most pressing question we face today is: How do we make America build again? "For this class of projects, federal environmental laws are more the exception." The prospect of overhauling our hard-won environmental laws might feel like sacrilege to anyone who cares about the Earth.

Persons: Anne, Marie Griger's, Griger, —, They're, Obama, I'm, we've, We've, I'd, It's, Matt Harrison Clough, Jamie Pleune, AECOM, Joe Biden's, There's, David Adelman, David Spence, Spence, James Coleman, NECA, Coleman, everyone's, Danielle Stokes, Nobody, Bill McKibben, Mother Jones, McKibben, Michael Gerrard, Columbia University —, they've, David Pettit, it's, Zachary Liscow, That's who's, Adam Rogers Organizations: RES Group, Environmental, Infrastructure Investment, Jobs, Land Management, Forest Service, University of Utah, Harvard Joint Center for Housing Studies, Brookings, Bureau of Ocean Energy Management, White, University of Texas, Greenpeace, Natural Resources Defense Council, Act, NEPA, Berkeley, University of California, University of Southern, Southern Methodist University, Ecosystems Conservation, GOP, Biden, Motorola, Telecommunications, Conservatives, Federal Energy Regulatory Commission, FERC, University of Richmond, UC Berkeley, USC, Star, Sabin, Climate, Columbia University, Natural Resources Defense, Republicans, Democrats, Management, Budget, Yale Law School Locations: Panama, Colorado, . California, Los Angeles, San Francisco, China, America, Washington, , Wyoming, Nantucket, New England, San Francisco ., University of Southern California, California, New York, Florida, Southern California, Las Vegas

☆ The billionaire's calendar
▼ + stars: | 2023-11-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What the rest of us consider small talk at work, Gen Zers have rebranded as "corporate flirting." In today's big story, we're unpacking all the far-flung places and high-end events billionaires visit and attend throughout the year. But by early 2024, there will likely be more Gen Zers working full-time than baby boomers. It commemorates when the "Guinness World Records" book became the best-selling book of all time in 2004. It commemorates when the "Guinness World Records" book became the best-selling book of all time in 2004.

Persons: —, Gen Zers, we're, it's, Madeline Berg, Madeline, there's, Laszlo Balogh, Tom Cooper, I'm, Hayley Cuccinello, Hayley, Marianne Ayala, Lelanie Foster, Ruzwana Bashir, Peek —, Bashir —, Tesla, Matt Harrison Clough, Miami —, Karol G, Edgar Barrera, Shakira, Starr Douglas, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Monaco, Sun, Getty, Business, Guinness, Records, Walmart Locations: Davos, London, America, Houston, Miami, Seville, Spain, Macy's, New York City, San Diego, New York

☆ Lorusso: Important to stay active when managing portfolios during this point of the economic cycle
▼ + stars: | 2023-10-31 | 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 EmailLorusso: Important to stay active when managing portfolios during this point of the economic cycleVince Lorusso, CEO of Clough Capital Partners, discusses markets on the final trading day of October.

Persons: Vince Lorusso Organizations: Clough Capital Partners

☆ Exxon investors ready to embrace buying existing oil over new drilling
▼ + stars: | 2023-10-06 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +4 min

In the last four years energy investors have dumped stocks in oil companies that boost capital spending, favoring higher returns over spending on costly, long-term new projects. But Exxon shares last month hit a record high of $120, lifted by returns on its oil, gas and refining businesses. 2 Permian shale oil producer, for $60 billion, signals it is ready to pay up for production after missing its own output targets in the Permian. A deal would bring Exxon to about 1.33 million barrels of oil and gas per day, the largest in the oilfield. It has good reserves, growing production, spending in check and debt at healthy levels, he said.

Persons: Lucas Jackson, Exxon Mobil's, Bill Smead, Vince Lorusso, Lorusso, Shale Research Alexandre Ramos, Kathryn Mikells, Bass, Scott Hanold, Matthew Bernstein, Sabrina Valle, Anna Driver, Diane Craft Organizations: Exxon Mobil Corporation, New York Stock Exchange, REUTERS, Rights, Exxon, Natural Resources, Smead Capital Management, Clough Capital Partners, Management, Shale Research, XTO Energy, RBC Capital Markets, ExxonMobil, Rystad Energy, Thomson Locations: New York, Ukraine, U.S, Americas, Guyana

☆ Lorusso: There are more interesting parts of the market outside of mega-cap tech
▼ + stars: | 2023-09-19 | 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 EmailLorusso: There are more interesting parts of the market outside of mega-cap techVince Lorusso, CEO and Portfolio Manager at Clough Capital, discusses the markets ahead of the latest Federal Reserve policy decision meeting.

Persons: Vince Lorusso Organizations: Clough Capital, Federal

☆ Britain's first million pound player Francis dies of heart attack
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +2 min

July 24 (Reuters) - Former England forward Trevor Francis, Britain's first one million pound ($1.28 million) player, has died at the age of 69 after suffering a heart attack, his family said on Monday. "Trevor Francis has died at the age of 69. Francis won the European Cup in 1979 and 1980 and the European Super Cup in 1979 with Forest under Brian Clough. "Nottingham Forest is deeply saddened to learn the passing of two-time European Cup winner, Trevor Francis," the Premier League club said. "Manchester City are deeply saddened at the passing of our former player Trevor Francis," City tweeted.

Persons: Trevor Francis, Britain's, Francis, We're, Trevor Francis ., Brian Clough, Trevor, Pearl Josephine Nazare, Ken Ferris Organizations: Birmingham City, Nottingham Forest, Manchester City, Sheffield Wednesday, Malmo, England, Football Association, European, Forest, Coppa Italia, Sampdoria, Premier League, Queens Park Rangers, Crystal, Thomson Locations: England, Nottingham, Manchester, Birmingham, Forest, Spain, commiserations, Andrew's, Bengaluru

☆ This SoftBank-backed startup that uses AI to draft legal documents just raised $10 million. Check out the 10-slide pitch deck Robin AI used to land the cash.
▼ + stars: | 2023-02-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Robin AI, a legal tech startup that uses AI to read and negotiate contracts, has raised $10 million. A startup that uses AI to make legal contracts simpler to draft and negotiate has raised $10 million in fresh funding. London-based Robin AI, which counts SoftBank among its backers, was founded by former lawyer Richard Robinson and physics PhD James Clough. The startup uses machine learning to review and negotiate legal contracts through a software platform. The startup claimed to have grown its revenues 20x since its previous raise, a $3.3 million funding from SoftBank in December 2021.

☆ This SoftBank-backed startup that uses AI to draft legal documents just raised $10.5 million. Check out the 10-slide pitch deck Robin AI used to land the cash.
▼ + stars: | 2023-02-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Robin AI, a legal tech startup that uses AI to read and negotiate contracts, has raised $10.5 million. A startup that uses AI to make legal contracts simpler to draft and negotiate has raised $10.5 million in fresh funding. London-based Robin AI, which counts SoftBank among its backers, was founded by former lawyer Richard Robinson and physics PhD James Clough. The startup uses machine learning to review and negotiate legal contracts through a software platform. The startup claimed to have grown its revenues 20x since its previous raise, a $3.3 million funding from SoftBank in December 2021.

☆ Australian contractor Clough's collapse leaves more than $8 bln of projects in limbo
▼ + stars: | 2022-12-06 | by ( Sonali Paul | ) www.reuters.com time to read: +3 min

It said the goal is to source "immediate interim funding to be able to continue work on as many projects as possible as quickly as possible". Clough is also handling construction of the A$768 million ($515 million) Waitsia Stage 2 gas project, owned by a unit of Japan's Mitsui & Co (8031.T) and Australia's Beach Energy (BPT.AX). The Waitsia Stage 2 project was due to start producing gas for export through the North West Shelf liquefied natural gas (LNG) plant in late 2023. "Given that an administrator has only just been appointed for Clough, it would be premature to speculate on the precise impacts for the Waitsia Gas Project Stage 2," Mitsui E&P Australia said in a statement. TransGrid said it would continue to work with Clough's partner Elecnor to deliver the A$2.3 billion project.

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