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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We have huge structural problems' in Germany, says former Christian Lindner advisorLars Feld, former advisor to former Finance Minister Christian Lindner and director of the Walter Eucken Institute, discusses the breakup of the German coalition.
Persons: Lindner, Lars Feld, Christian Lindner, Walter Eucken Organizations: Finance, Walter, Walter Eucken Institute Locations: Germany
NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." So it’s a thing that helps on these tough days.”‘Cherish every moment’(From left) Matthew Perry and Yvette Nicole Brown on 'The Odd Couple.'
Persons: Matthew Perry, “ It’s, ” Perry’s, Caitlin Morrison, Morrison, Suzanne Morrison, Perry’s, Keith Morrison, , Perry, , ’ ”, Brian Murray, Cara Vaccarino, ‘ He’s, Chandler Bing, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, Oscar Madison, Lisa Kasteler, Doug Chapin –, , Chapin, Kasteler, Matthew hadn’t, he’d, ” Kasteler, I’ll, Kasteler –, Wolf Kasteler, we’re, Yvette Nicole Brown, Monty Brinton, ” castmates, Aniston, castmates, Thomas Lennon, Brown, ‘ Yvette, ” Perry Organizations: CNN, Dateline, Matthew, Matthew Perry Foundation of Canada, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, Palisades, Los Angeles Medical, Matthew Perry Foundation, National Philanthropic Trust Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, California
Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. AdvertisementPharmaceuticals giant Pfizer got a wake up call Sunday evening when one of Wall Street's most feared activist investors revealed a stake in the company. AdvertisementPfizer, with a market cap north of $160 billion, is among the largest companies Starboard's Smith has ever targeted. With less than a 10% stake Smith replaced the entire 12-person board and assumed the role of chairman.
Persons: Jeff Smith, , Smith, Starboard's Smith, Ian Read, Frank D'Amelio, Ken Squire, Paul Singer, Elliott, Carl Icahn, Dan Loeb, Peter Feld, Olive Garden's, Marc Benioff, Brontë Wittpenn, Brontë, Squire, they're, Albert Bourla, Bourla, wagered Organizations: Pfizer, Service, Pharmaceuticals, 13D, Investor, Lazard, Elliott Management, Icahn Enterprises, Cowen Group, AOL, Darden Restaurants, Olive Garden, Longhorn, Darden, Wall, San Francisco, Getty, Smithfield Foods, Bristol, Myers Squibb, Celgene, Autodesk, Starbucks Locations: Olive Garden, Fortune, America, Olive, Washington
CNN —With her witty one-liners, meticulous style and comically stoic demeanor, it’s easy to see why “Desperate Housewives” Bree Van de Kamp became a fan favorite among viewers when it debuted 20 years ago today. The housewives: Nicollette Sheridan as Edie Britt, Marcia Cross as Bree Van De Kamp, Eva Longoria as Gabrielle Solis, Felicity Huffman as Lynette Scavo and Teri Hatcher as Susan Mayer. Not only is Cross playing a character, Bree is arguably playing one, too. Mixing high-end streetwear and luxury fashion, Adair sourced clothes from all over Los Angeles, where “Desperate Housewives” was shot — cutting up existing garments to make new ones. By the show’s end, Bree moves away from the mystery state Wisteria Lane is situated in, taking up residence in Kentucky.
Persons: Bree Van de Kamp, Susan Mayer, Teri Hatcher, Lynette Scavo, Felicity Huffman, Gabrielle Solis, Eva Longoria, Marcia Cross, Bree, Marc Cherry, Lady Nancy Reagan, Charlotte, façade, Nicollette Sheridan, Edie Britt, Bree Van De Kamp, Andrew Eccles, Catherine Adair, Rex, Adair, Cross, fiancé George, Dina Bar, Charlotte York, Moshe Brakha, Danny Feld, , , Renee, Vanessa Williams, ” Adair, Marcia, Gabrielle, Susan, She’s Organizations: CNN, Globes, Disney, Housewives Locations: Wisteria Lane, Charlotte York, Los Angeles, Kentucky
Biden makes history with 12th Senate-confirmed LGBTQ judge
  + stars: | 2024-09-19 | by ( ) www.nbcnews.com   time to read: +3 min
That surpassed the record of Democratic former President Barack Obama, who had secured the confirmation of 11 openly LGBTQ judges during his eight years in office. Only in the last three decades have presidents nominated openly gay people to the federal bench. Circuit Judge Alison Nathan joined the bench as a trial judge in Manhattan following her nomination by Obama. Circuit Judges Beth Robinson of the 2nd Circuit and Nicole Berner of the 4th U.S. The bulk of openly LGBTQ nominees have come from Democratic presidents, though Republican former President Donald Trump appointed two openly gay judges.
Persons: Joe Biden, Mary Kay Costello, Biden, Barack Obama, Lena Zwarensteyn, ” Zwarensteyn, Costello, Saul Ewing, Akin Gump Strauss Hauer, Feld, Judge Vaughn Walker, George H.W, George H.W . Bush, Deborah Batts, Bill Clinton, Alison Nathan, Obama, Nathan, Beth Robinson, Nicole Berner, Donald Trump Organizations: Democratic, Eastern District of Pennsylvania, Conference, Civil, Human, U.S . Air Force, Temple University, Attorney’s, Eastern, Former U.S, Republican, Gay, U.S, Circuit, Appeals, 2nd, NBC Locations: Philadelphia, Eastern District, San Francisco, George H.W ., Manhattan, New York City
Read previewWhen Christina Hall celebrated her marriage to Josh Hall in September 2022, she said she was more certain than ever her life was on track. In a deleted Instagram post, Christina wrote, "Everything in life has led me to where I am right now, which is exactly where I want to be." Josh Hall and Christina Hall in July 2023. AdvertisementChristina Hall, Josh Hall, and her children in January 2023. "I didn't block him — and I didn't see any missed calls or texts the next day," Christina wrote in her story.
Persons: , Christina Hall, Josh Hall, Christina, Josh, Tarek El Moussa, — Taylor, Ant Anstead, Hudson, Matt Winkelmeyer, Josh's, we're, I'm, Tarek, Heather Rae El Moussa, Jon Kopaloff, David Buchan, Angelou, Christina Vs, Def, Candace Owens, Amber Rose, Heather Organizations: Service, Business, HGTV, US, Hollywood, BI, Instagram, Unbroken Productions, Newport Beach, Feld Entertainment, Newport, Variety, Penske Media, Getty, Superior, TMZ Locations: Mexico, Haack, Newport Beach , California, Maui, Hawaii, Tennessee, Dana Point , California, Orange County
A New York City lawyer is suing his ex-boyfriend, also a lawyer, for custody of a miniature poodle. The couple purchased the dog — Raven — together in 2020, but broke up last month. Taylor Leighton, who called the dog his 'child,' is also seeking more than $200,000 in damages. AdvertisementA New York lawyer is suing his former boyfriend, also a lawyer, for custody of their miniature poodle and more than $200,000 in damages, according to an affidavit published by the Daily Beast. AdvertisementIn the affidavit, Leighton argued that although Nathan Greess contributed $2,000 toward the purchase, it was only because he owed money for household expenses.
Persons: , Taylor Leighton, Akin Gump Strauss Hauer, Feld, Countess Raven, Raven, Luann, Leighton, Nathan Greess Organizations: Service, Daily, Feld LLP, Housewives, New, Scripps News Locations: York City, York, Minnesota, New York City, Raven
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReimagined Ringling Bros. circus will be like 'the ultimate playground', says Kenneth FeldKenneth Feld, Feld Entertainment CEO, joins 'Squawk Box' to discuss the launch of a reimagined version of the Ringling Bros. and Barnum & Bailey Circus after a 7-year break, what audiences can expect in the new iteration, and more.
Persons: Ringling, Kenneth Feld Kenneth Feld Organizations: Ringling Bros, Feld Entertainment, Barnum, Bailey
Starboard has a more than 6% stake in the company, and has been pushing the company to expand free cash flow and improve margins. Of the 20 companies in peer group in Starboard's letter, GoDaddy has a higher multiple than only TeraData and Box . Starboard believes that GoDaddy can achieve free cash flow of $9 per share by this fiscal year, and $14 per share by fiscal year 2026. Those targets are higher than GoDaddy's $6.1 free cash flow per share for the fiscal year ending September 2023, according to FactSet data. Starboard expects that GoDaddy could generate more than $4 billion in free cash flow over the next three years.
Persons: Peter Feld, GoDaddy, Aman Bhutani, Feld, Mark McCaffrey, Starboard's Jeffrey Smith Organizations: New York Stock Exchange, GoDaddy Locations: New York City
Matthew Perry’s life full of joy and pain
  + stars: | 2023-10-30 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +8 min
CNN —Matthew Perry achieved global fame and career success, bringing joy to audiences around the world. Perry wrote of the loneliness he experienced during his cycles of substance abuse and recovery and worked hard to help others doing the same. In his book, Perry wrote that Roberts agreed to appear in the series only if she could be in a storyline with Chandler Bing. Matt LeBlanc, Matthew Perry and David Schwimmer. That’s what I want.”“When I die, I don’t want ‘Friends’ to be the first thing that’s mentioned,” he added.
Persons: Matthew Perry, , Perry, Hank Azaria, , Matthew, ” Azaria, ” Perry, “ I’ve, ‘ Will, Chandler Bing, Matt LeBlanc, Joey Tribbiani, Lisa Kudrow, Phoebe Buffay, David Schwimmer, Ross Geller, Courteney Cox, Monica Geller, Jennifer Aniston, Rachel Green, Reisig, Julia Roberts, Roberts, ” Julia Roberts, Betty Ford, Monica, Danny Feld, Sara ”, “ That’s, you’ll, hadn’t, Diane Sawyer, Julia Weeks Organizations: CNN, AA, Hollywood, NBC, Getty Locations: , Minnesota, Malibu
NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." Julia Weeks/AP Perry enters the stage for a conversation with editor Matt Brennan during the Los Angeles Times Festival of Books in Los Angeles in 2023.
Persons: , Matthew Perry, Jennifer Aniston, Courteney Cox, Lisa Kudrow, David Schwimmer, Matt LeBlanc, Matthew, ” Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, HBO Max, , Marta Kauffman, David Crane, Kevin Bright, Matthew’s, , Perry’s, Aniston, wasn’t, CNN’s Taylor Romine, Josh Campbell, Cheri Mossburg, Dan Heching, Lisa Respers Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, HBO, Los Angeles Fire Department, Firefighters, Los Angeles Police Department, Angeles, Medical, Entertainment Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, Lisa Respers France
NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant."
Persons: Matthew Perry, Perry, Chandler Bing, , Charlie Sheen, , Sheen, , ” Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, didn’t, Chandler, ‘ You’ve, Seth Meyers, , costars Jennifer Aniston, HBO Max, ” Cox Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, L.A, LAX, HBO Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada
ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant." Warner Brothers/Getty Images Perry and Cox pose for a photo during the 2001 "Friends" episode "The One With Monica And Chandler's Wedding."
Persons: Dean Obeidallah, Matthew Perry —, , , Chandler, Dean Obeidallah CNN Chandler, I’m Chandler, “ I’m, Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston, Lisa Kudrow —, NBC’s, CBS ’ “ Young Sheldon, Matthew Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Lisa Kudrow, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, , haven’t, Perry didn’t, Matty, ” Perry, Pete Davidson, Davidson, Chad Lowe, Sunshine ”, Neil Simon’s “ Organizations: CNN, , Warner Bros . Television, Warner Bros ., Variety, CBS, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, Los Angeles Times Festival of, Los Angeles Times, CBC, People Locations: , Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada
Elon Musk's SpaceX sued the U.S. Department of Justice in a Texas federal court, as the company aims to stop the DOJ's hiring discrimination case on constitutional grounds. Unlike SpaceX's suit, filed in the Southern District of Texas, the DOJ suit was filed within a division of the agency that adjudicates immigration cases, a key point of contention in the company's response. "SpaceX has not engaged in any practice or pattern of discriminating against anyone, including asylees or refugees. SpaceX's suit names a trio of defendants, including U.S. Attorney General Merrick Garland. SpaceX's hiring tops the acceptance rates of even the most selective, elite U.S. colleges, as "only about 1% of applications result in a hire," according to the company.
Persons: Elon, Akin Gump Strauss Hauer, Feld, General Merrick Garland Organizations: SpaceX, U.S . Department of Justice, DOJ, Southern District of, U.S, Export Administration, Persons Locations: Texas, U.S, Southern District, Southern District of Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLive entertainment momentum sparks relaunch of Ringling Bros. and Barnum & BaileyKenneth Feld, Chairman and CEO of Feld Entertainment, joins 'Power Lunch' to discuss the live event business for motocross, relaunching Ringling Brothers and Barnum and Bailey and the state of the live entertainment business.
Persons: Bailey Kenneth Feld, Ringling, Barnum, Bailey Organizations: Ringling Bros, Barnum, Feld Entertainment, Ringling Brothers
Shein has denied using forced labor and that it was planning to go public in the U.S. this year. U.S. lawmakers are also questioning Shein's data privacy and use of a U.S. duty exemption on low-priced direct shipments to consumers. Shein's $600,000 lobbying outlay, filed on Friday, does not put it "among the biggest spenders," Auble said. By contrast, U.S. retailers Walmart spent $1.62 million and Gap spent $140,000 in the second quarter, lobbying disclosures showed. Since the 2022 third quarter, Shein has paid lobbying firms Hobart Hallaway & Quayle Ventures $500,000; and Akin, Gump Strauss Hauer & Feld $270,000, the firms' filings showed.
Persons: Daniel Auble, Shein, Auble, Akin, Gump Strauss Hauer, Feld, Arriana McLymore, Richard Chang Organizations: YORK, Capitol, Center for Responsive, Securities and Exchange Commission, Reuters, Labor, Walmart, Hobart Hallaway, Quayle, Thomson, & $, & $ Locations: China, Singapore, U.S, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChip supply chain: China is in a leading position but doesn't have a 'chokehold,' law firm saysClete Willems, partner at Akin Gump Strauss Hauer & Feld, says U.S. Treasury Secretary Janet Yellen's China visit was a "success" but doesn't put U.S.-China tech competition on a "different trajectory."
Persons: Clete Willems, Akin Gump Strauss Hauer, Feld, Janet Yellen's, doesn't Organizations: Treasury Locations: China, Janet Yellen's China
Then, the passenger said two words that changed everything:“I’m pregnant.”That’s when it hit Hemal: The passenger might go into labor. In the US, the Aviation Medical Assistance Act also protects individuals from legal liability for helping in an onboard medical emergency. Onboard assessmentFeld and Hemal say one of the trickiest aspects of handling an onboard medical emergency is coming in blind. The first time Held assisted with an inflight emergency, she was a very recent medical school graduate. Dr. Sij HemalDuring medical emergencies, flight crew also remain in contact with ground medical teams who help make decisions and give permission for certain medicines to be administered.
Persons: Sij, Hemal, he’d, Charles de Gaulle, Susan Shepherd, who’d, Shepherd, Hemal’s, seatmate, , , ” Hemal, hadn’t, ’ ”, you’re, You’ve, Sij Hemal, , you’ve, I’m, , Hemal –, he’s, what’s, there’s, he’ll, Dr, Lauren Feld, Feld’s, she’s, Feld, ” Feld, isn’t, it’s “, she’d, didn’t Organizations: CNN, Air, JFK, Air France, CNN Travel, Jamaica Hospital Medical, Cleveland Clinic, Aviation, Feld, Aircraft Locations: India, New Delhi, Paris, Air France, New York City, Cleveland, French, You’re, JFK, US, New York, California
It is also a window, onto the city’s antiwork culture, eclectic individualism and architectural sediments. Daphne’s eating disorder ornaments the 20-something’s “joyfully misspent” time abroad the way Hemingway’s hunger enhanced his visits to the art museum. But unlike Hemingway, Daphne must contend with the dangers of being a young woman living alone in a new city. “Berlin” shines when we leave Daphne’s head long enough to observe the humorous and tender behaviors of those around her. A look inside her mind reveals the force of danger thinly veiled behind the romantic glow of youth.
SummarySummary Law Firms Naomi Moore joins from Akin Gump to head DLA Piper's APAC restructuring practiceMoore will split her time between the firm's Hong Kong and Sydney officesMay 2 (Reuters) - Law firm DLA Piper has hired a partner from U.S.-founded rival Akin Gump Strauss Hauer & Feld in Hong Kong to serve as its new restructuring practice leader for the Asia Pacific region, the firm said Tuesday. Naomi Moore, who has been on sabbatical since she left Akin Gump in January, will divide her time between DLA Piper’s Sydney and Hong Kong offices, the firm said in a statement. In Hong Kong, Moore joins Trinh Hoang, DLA Piper’s only other restructuring-focused partner in the office, who joined the firm from Linklaters in October last year. Linklaters added a restructuring head in Hong Kong from Allen & Overy in October. An Akin Gump spokesperson wished Moore well on her new role.
[1/2] The logo of chocolate and cocoa product maker Barry Callebaut is pictured during the company's annual news conference in Zurich, Switzerland, Nov. 7, 2018. REUTERS/Arnd Wiegmann/File PhotoApril 5 (Reuters) - Switzerland's Barry Callebaut (BARN.S), the world's biggest chocolate maker, on Wednesday appointed Peter Feld as its new chief executive after lowering sales volume guidance as inflation-hit consumers cut back on purchases. The chocolate maker now forecasts full-year volume growth to be "flat to modest," Chief Financial Officer Ben De Schryver said. Barry Callebaut shares were down 2.5%, according to Julius Baer bank's pre-market indications. The company said that the sales volumes decline moderated in the second quarter, slowing to -0.5%, from -5.1% in the previous quarter.
But the momentum already behind the secretive private credit space has picked up — fast. He was witnessing a new willingness from borrowers to turn first to private credit, a market that has grown yet generally remains more opaque than its public-market counterparts. "Borrowers used to look at these banks and say, 'Look, the banks, they've been around forever. The private lenders say that privacy is all part of the pitch. Money managers smell opportunityThe momentum already behind the secretive private credit space has gained steam as the SVB collapse pushes companies to consider alternate sources of debt and, on the other side, private credit managers seek out new targets.
Law firms Akin Gump Strauss Hauer & Feld LLP FollowNEW YORK, Feb 28 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) has hired a former New York prosecutor with expertise in cryptocurrency and cyber crimes to lead its enforcement unit, the agency said in a statement on Tuesday. CFTC Chairman Rostin Behnam in the statement described McGinley as a "leader in combatting modern financial fraud". "His background as a prosecutor with unique experience in commodities, crypto, and cyber-crimes and frauds makes him an ideal person to lead the CFTC’s enforcement team," Behnam said. McGinley, whose appointment is effective immediately, replaces the CFTC's acting director of enforcement and veteran CFTC official Gretchen Lowe. Reporting by Chris Prentice Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Activist Commentary: Starboard Value is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. On Dec. 15, 2022 , Starboard delivered a letter to the company nominating four directors for election to the board at the 2023 Annual Meeting. Both sides seem to share the same views regarding margin improvement, and there is a new CEO who Starboard likely supports. Having Starboard representation on the board would help management stay focused and get the support it needs. While Starboard is not advocating for any strategic transaction, the firm is an economic animal with fiduciary duties.
He has also actively given to Republican politicians, donating $64 million to political causes over the years such as the campaigns of former President Donald Trump, Florida Gov. Ron DeSantis, and Sen. John McCain, according to data from the Federal Election Commission. Ric Feld, Evan Vucci/AP ImagesSource: Insider
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