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☆ NFL midseason predictions for every team: Kirk Cousins wins comeback award; NFC East champ is …?
▼ + stars: | 2024-11-07 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +28 min

Our NFL writers addressed these topics and more in making one prediction for every team heading into the season’s second half. The fourth-year back is on pace to finish with 1,256 yards, which would be the fourth-highest total in team history. Every other NFL team has put a player in at least one of those categories during that stretch — and most teams have checked both boxes. Minnesota has one of the most productive defenses in the NFL and an offense loaded at the skill positions. And the Eagles have managed to win games despite bad luck and bad decisions.

Persons: — Doug Haller Kirk Cousins, Cousins, Joe Burrow, Burrow, Cousins ’, — Josh Kendall, Kirk Cousins, Lamar Jackson, Jackson, he’s, Jared Goff, Jayden Daniels, Josh Allen, Saquon Barkley, Derrick Henry, Jeff Zrebiec Khalil Shakir, Shakir, — Joe Buscaglia, Chuba Hubbard, Panthers haven’t, Christian McCaffrey, Hubbard, Jonathon Brooks, Dave Canales, — Joseph Person, Caleb Williams, Quinn Harris, Goff, — Adam Jahns, There’s, — Paul Dehner Jr, Watson, Dee Haslam, — Zac Jackson, — Zac Jackson Dallas Cowboys Brandon Aubrey, Aubrey, Bryan Anger, Cooper Rush, Aubrey doesn’t, — Saad Yousuf, Courtland, Sutton, Phillip Lindsay squeaked, wasn’t, Bo Nix, Nick Kosmider, Ben Johnson’s, Aidan Hutchinson, Brian Branch, Kerby Joseph, Za’Darius Smith, — Colton, Xavier McKinney, McKinney, hasn’t, Kyler Murray, Stroud, Ryan Downard, Downard, McKinney texted Downard, Green, ” Downard, — Matt Schneidman, — Mike Jones, — Mike Jones Indianapolis Colts Anthony Richardson, Shane Steichen, Richardson, Joe Flacco, — James Boyd, Doug Pederson doesn’t, it’ll, Trevor Lawrence’s, — Jeff Howe, Hopkins, David Eulitt, Kansas City Chiefs DeAndre Hopkins, Xavier Worthy, Travis Kelce, Patrick Mahomes, Nate Taylor, Antonio Pierce, Mark Davis, Pierce, “, ” Davis, He’s, It’s, Vic Tafur, Tashan Reed, Tashan Reed Los Angeles Chargers Justin Herbert, Herbert, — Daniel Popper, Jonah Jackson, Steve Avila, Puka, Matthew Stafford, Kyren Williams, — Jourdan, Tua Tagovailoa, they’re, Jim Ayello, Kevin O’Connell, Brian Flores, — Alec Lewis Drake Maye, Drake Maye, Williams, New England’s, Chad Graff, Sean Payton, Mike Ditka, Dennis Allen, Darren Rizzi, Hurricane Katrina, Payton, Drew Brees, — Larry Holder, Daniel Jones, Jones, Brian Daboll, — Charlotte Carroll Davante Adams, Joe Sargent, wouldn’t, Woody Johnson, Aaron Rodgers, Davante Adams, Jeff Ulbrich, Zack Rosenblatt, Nick Sirianni, — Brooks, Watt, Pro Bowler, Minkah Fitzpatrick, Arthur Smith, Russell Wilson, Mike Tomlin, — Mike DeFabo, — Matt Barrows, DK Metcalf, Julian Love, Devon Witherspoon, Geno Smith, Metcalf, Smith, Love, Witherspoon, Riq, Leonard Williams, Boye Mafe, Ken Walker III, that’s, Michael, Shawn Dugar, Shawn Dugar Tampa Bay Buccaneers Mike Evans, Evans, Chris Godwin, Jerry Rice’s, — Dan Pompei, — Dan Pompei Tennessee Titans Will Levis, Levis ’, — Joe Rexrode Washington, Mike Sainristil, PFF, Sainristil, Emmanuel Forbes Jr, Michael Davis, Malik Nabers, Noah Igbinoghene, Marshon Lattimore, Benjamin St, Juste, — Ben Standig, Dan Goldfarb, Khalil Shakir, Perry Knotts, Cooper Neill, Ric Tapia Organizations: NFL, NFC, Cardinals, West, Bengals, Falcons, Panthers, Bears, Lions, Soldier, — Adam Jahns Cincinnati Bengals Bengals, Chargers, Broncos, Titans, Browns, Cowboys, AFC, Colts, Cincinnati, Denver, Steelers, Cleveland Browns Browns, — Zac Jackson Dallas Cowboys, T, Saints, Nick Kosmider Detroit Lions, Detroit, Chiefs, Giants, Pro, Packers, Texans, C.J, Jaguars, — Matt Schneidman Houston Texans Houston, AFC South, Dallas, Kansas City, Tennessee ., Houston, — Mike Jones Indianapolis Colts, Flacco, — James Boyd Jacksonville Jaguars Jacksonville, — Jeff Howe Chiefs, Kansas City Chiefs, Buccaneers, Raiders, Tashan Reed Los Angeles Chargers, — Daniel Popper Los Angeles Rams Rams, Rams, Miami, Seattle, Los Angeles, Miami Dolphins, Dolphins, Vikings, Patriots, New, Williams ’ Chicago Bears, Our NFL, New Orleans Saints, Getty, Jets, Eagles, NFC East, Washington, Philadelphia, The Eagles, Ravens, Pittsburgh Steelers, Fame, Pittsburgh, San Francisco 49ers, 49ers, The Rams, Arizona Cardinals, Pro Bowler, Seahawks, Pro Bowlers, Derick, Shawn Dugar Tampa Bay Buccaneers, Bucs, — Dan Pompei Tennessee Titans, Sunday’s Locations: Arizona, Green, San Francisco, Detroit, Los Angeles, Cleveland, takeaways, Dallas , Tennessee, Jacksonville, Miami, Baltimore, Indianapolis, Khan’s, Los, Scoop, Minnesota, Carolina . New Orleans, New Orleans, Tampa, Philadelphia, Washington, T.J, Levi’s, Metcalf, Levis

☆ Cleveland Browns plan to leave Cleveland stadium for Brook Park dome
▼ + stars: | 2024-10-17 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

A general view of Huntington Bank Field during an NFL football game between the Cleveland Browns and the New York Giants, Sunday, Sept. 22, 2024, in Cleveland. The Cleveland Browns are leaving the shores of Lake Erie. The Browns plan to leave their current open-air stadium in the city of Cleveland for a yet-to-be-built domed stadium in Brook Park, Ohio, according to a press release from Cleveland Mayor Justin Bibb that was later confirmed by the Browns owners. Brook Park is just over 16 miles from the Browns' current stadium, which was built in 1999. The Cleveland Browns are valued at $6.02 billion, according to CNBC's Official 2024 NFL Team Valuations.

Persons: Cleveland Mayor Justin Bibb, Dee Haslam, Bibb, Taylor, Dee, Jimmy Haslam Organizations: Huntington Bank Field, NFL, Cleveland Browns, New York Giants, The Cleveland Browns, Browns, Cleveland Mayor, CNBC, Haslam Sports Group, Associated Press, Huntington National Bank Locations: Cleveland, Lake Erie, Brook Park , Ohio, Bibb, City, Park

The Spurs' majority owner is Peter Holt, managing partner of Spurs Sports & Entertainment, which also operates the team's arena, the Frost Bank Center. Last May, Viera bought a 5% stake in the Spurs for an undisclosed enterprise value. Partial team owners can get major discounts when they buy small pieces of teams that give them less control over decisions. Businessman Paul Viera is increasing his stake in the San Antonio Spurs from 5% to 11%, CNBC has learned, as NBA valuations climb and make teams more attractive assets for investors. NBA teams are hot assets thanks in large part to the league's new $76 billion, 11-year media deal.

Persons: Peter Holt, Holts, Michael Dell, McCombs, David Robinson, Viera, Earnest, Paul Viera, Victor Wembanyama, Junior Bridgeman, Dee Haslam, Marc Lasry's, Bridgeman, Grant Hill, Penny, Hardaway, Robinson, Dwyane Wade, Elliot Perry, Michael Jordan, Wyc Grousbeck, Aramark Organizations: San Antonio Spurs, Golden State Warriors, T Center, Spurs, Spurs Sports & Entertainment, Frost Bank Center, Dell Technologies, Sixth Street Partners, Earnest Partners, CNBC, NBA, Southwest Division, Milwaukee Bucks, Bucks, Atlanta Hawks, Memphis Grizzlies, Utah Jazz, Grizzlies, Charlotte Hornets, Boston Celtics, Grousbecks, Celtics Locations: San Antonio , Texas, Atlanta

☆ Private equity will be able to invest in the NFL but won't have much say in team decisions
▼ + stars: | 2024-09-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.

Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland

☆ ‘Worst season ever’: How things got ugly on Santorini, Greece’s ‘Instagram island’
▼ + stars: | 2024-08-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

It’s even earned the nickname “Instagram Island” because of its perfectly saturated “no filter” splendor. When evening comes, however, the crowds melt away, and some complain the island goes from Times Square to ghost town. Visitor cap coming in 2025Santorini Mayor Nikos Zorzos has proposed a cap on cruise ship passengers, down to 8,000 a day. Cruise ship passengers are valued and much needed, as are those longer-stay visitors coming by boat or plane, but he says the feeling among locals is that something has to give. Currently, nearly two-thirds of cruise tourism in Greece takes place in Piraeus, Santorini and Mykonos, CLIA said.

Persons: CNN —, it’s, It’s, Nikos Zorzos, Kyriakos Mitsotakis, megaphones, Xavier Duvot, Hans Lucas, ” Gianluca Chimenti, “, ”, Christos Stylianides, Maria Deligianni, CLIA, Katie Haslam, Rob, we’d, ” Love Organizations: CNN, Fira, Bloomberg, Getty, CNN Travel, Cruise Lines International Association, “ Locations: Oia, Europe, Spain, Netherlands, Venice, AFP, Santorini, Greece, Mykonos, Piraeus, Rochdale, England

☆ ‘Just Disillusioned’: How U.K. Conservatives Lost a New Heartland
▼ + stars: | 2024-06-12 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Amid the drab parkas and pullovers was a figure in a striking red coat: Natalie Fleet, the Labour Party’s candidate for Parliament, wearing her party’s campaign color. She turned up late, having hiked up in heels. But she mixed easily, chatting with a 17-year-old high school student, Georgia Haslam, about her desire to get more young women engaged in politics. “It was reassuring to hear someone like her say, ‘I understand you,’” Ms. Haslam said afterward. “If you’re not from a city, if you’re not wealthy, it’s not clear that these politicians really care about you.”Ms. Fleet is on track to win back the parliamentary district of Bolsover for Labour, which in 2019 it lost to the Conservatives for the first time in almost 70 years.

Persons: pullovers, Natalie Fleet, Georgia Haslam, ’, Ms, Haslam, you’re, it’s, Rishi Sunak Organizations: Labour, Conservatives, Conservative Locations: England’s East Midlands, Bolsover, France, London

— Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway 's annual meeting, is wowing shareholders flocking here this weekend. JazwaresSquishmallow pit at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nevada on May 3, 2024. Sarah Min | CNBCSome highlights include the latest Squishmallows toys for Buffett and Charlie Munger, a splashy Squishmallows pit, as well as other displays. Poor Charlie's AlmanackCharles Munger remembrance ahead of the Berkshire Hathaway Annual Shareholders Meeting at Omaha, Nevada on May 3, 2024. Sarah Min | CNBCThe Bookworm only had one book to sell this year: "Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T.

Persons: Warren Buffett, Charlie Munger, Sarah Min, — Warren, Berkshire Hathaway, Brooks, Buffett, Charles Munger, Charles T, Munger, Haslam, Warren Buffett's Berkshire Hathaway, CNBC Brooks Organizations: Berkshire Hathaway, CNBC OMAHA, Berkshire, CHI, CNBC, CNBC Jazwares, Berkshire Hathaway's, FlightSafety, CNBC Berkshire, Travel Centers, Procter & Gamble Locations: Omaha , Nebraska, Neb, Omaha , Nevada, Berkshire, North America, Brooks, Queen

☆ Buffett's Berkshire Hathaway trouncing the market this year and near a record heading into shareholder meeting
▼ + stars: | 2024-05-03 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Berkshire Hathaway shares are near all-time highs ahead of the conglomerate's annual shareholder meeting, but a few worries are weighing on analysts' minds. BRK.B ALL mountain Berkshire Hathaway Class B shares But that doesn't mean the stock is without its problems. Berkshire Hathaway Energy Berkshire Hathaway has been contending with several high-profile lawsuits in recent months, including the settlement this year of a billion-dollar lawsuit with the Haslam family over how Berkshire valued Pilot Travel Centers, a truck-stop giant. Her 12-month price target of $472 implies Berkshire shares can climb roughly 18% from Thursday's closing price of $400.60 per share. "I think that the future is very bright for Berkshire Hathaway," Shanahan said.

Persons: Berkshire Hathaway, Cathy Seifert, Berkshire Hathaway Energy Berkshire Hathaway, Haslam, PacifiCorp, Warren Buffett's Berkshire Hathaway, Buffett, Edward Jones, James Shanahan, CFRA's Seifert, Seifert, Shanahan, Bull Organizations: Berkshire, Berkshire Hathaway, CFRA Research, Berkshire Hathaway Energy Berkshire, Travel Centers, Berkshire Hathaway Energy, Federal Reserve, CNBC Locations: Berkshire, Oregon, Northern California, Warren, Woodstock, Omaha , Nebraska

☆ 45 American families are worth more than $10 billion — and the wealthiest one is even richer than Elon Musk
▼ + stars: | 2024-02-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Forbes found that there are 45 American families with fortunes exceeding $10 billion. The Walmart founder Sam Walton's heirs are richer than Elon Musk, with a $267 billion fortune. AdvertisementThere are 45 American families worth at least $10 billion, and the richest one is wealthier than Elon Musk, Forbes says. Forbes estimates the 45 superrich families are collectively worth about $1.3 trillion, or roughly 10 times Warren Buffett's personal fortune. The descendants of John D. Rockefeller — the nation's richest man in his prime — barely made Forbes' list, with a $10.3 billion fortune.

Persons: Forbes, Sam Walton's, Elon Musk, Koch, Lauder, Pritzker, Rockefeller, —, Warren, Hearst, John D, MacMillan, Campbell, Brown, Forman, Jack Daniel's, Busch, Haslam, Warren Buffett's Berkshire Hathaway, it's Organizations: Walmart, Elon, Service, Forbes, SpaceX, Marriott, Carnegie, Vanderbilt, Getty, Cargill, Hyatt Hotels, Anheuser, Busch, InBev, Centers, Warren Locations: Marriott, Hearst

☆ Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers
▼ + stars: | 2024-01-16 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. The Haslam family on Tuesday said its Pilot Corporation had closed the sale of its remaining 20% ownership interest in truck-stop giant Pilot Travel Centers to Berkshire Hathaway . That settlement avoided what was scheduled to be a two-day trial beginning Jan. 8, with testimony from Berkshire Hathaway executive Greg Abel, the designated successor to company CEO Warren Buffett. CNBC has requested comment from Berkshire Hathaway, which in a regulatory filing last year listed the Haslams' noncontrolling interest in Pilot Travel Centers at a value of around $3.2 billion. PTC is the largest operator of travel centers in North America, with more than 750 locations under the Pilot and Flying J brands.

Persons: Jimmy Haslam, Warren Buffett, Berkshire Hathaway, Haslam, Greg Abel Organizations: Berkshire, Pilot Corporation, Centers, Travel Centers, CNBC, Travel, PTC Locations: Berkshire, North America

KNOXVILLE, Tenn. (AP) — Warren Buffett’s Berkshire Hathaway is buying the remaining 20% of the Pilot truck stop business it does not already own from the Haslam family, the two announced on Tuesday. Berkshire confirmed it now owns all of Pilot Travel Centers. The sale follows the settlement of a lawsuit earlier this month that pitted Cleveland Browns owner Jimmy Haslam against Buffett’s Berkshire over the Pilot stake's value. The 2017 agreements also gave Pilot Corp. an annual 60-day opportunity, beginning Jan. 1 this year, to sell its remaining 20% interest in PTC to Berkshire. The sale price would be calculated using PTC’s earnings in the prior year.

Persons: — Warren, Berkshire Hathaway, Haslam, Jimmy Haslam, Jim Haslam II Organizations: . Berkshire, Travel Centers, Cleveland Browns, Buffett’s Berkshire, Berkshire, PTC, Pilot Corp, Wilco Locations: KNOXVILLE, Tenn, Berkshire, Knoxville , Tennessee, U.S, Gate City , Virginia

Berkshire Hathaway settled a billion-dollar lawsuit with the Haslam family over how Berkshire accounted for the value of Pilot Travel Centers, which would affect the price paid in a forced buyout of the family's remaining stake in that truck-stop giant, both sides said Sunday night. The Haslam family and its Pilot Corp. in the suit filed this fall alleged that Berkshire Hathaway improperly adopted a form of accounting of the value of Pilot Travel Centers that would have led to a sharply lower price Berkshire would pay to acquire the family's remaining 20% stake in PTC. Berkshire in turn had accused Cleveland Browns owner Jimmy Haslam of offering payments to PTC executives to boost the value of the company so that his family would get a bigger buyout from Berkshire, which controls PTC. The Haslam family and Pilot Corp. strongly denied those claims. Berkshire and Pilot Corp. in similar press statements Sunday night said that they had reached an agreement to fully settle the Delaware Chancery case.

Persons: Berkshire Hathaway, Haslam, Greg Abel, Warren Buffett, Jimmy Haslam Organizations: Berkshire, Travel Centers, Pilot Corp, PTC, Cleveland Browns Locations: Berkshire, Delaware Chancery, New York, Delaware

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. Berkshire owns 80% of Pilot, having paid the Haslams $2.76 billion for a 38.6% stake in 2017 and $8.2 billion for another 41.4% in January. The Haslams sued Omaha, Nebraska-based Berkshire in October, accusing it of seeking a "windfall" by adopting "pushdown" accounting for Pilot. Berkshire countersued on Nov. 28, saying Jimmy Haslam tried to bribe Pilot executives with millions of dollars to inflate earnings in 2023 at the expense of future years. According to court papers, the Haslams believe the 20% Pilot stake was worth $3.2 billion before Berkshire's accounting change, an amount Berkshire disputes.

Persons: Warren Buffett, Scott Morgan, Warren Buffett's Berkshire Hathaway, Jimmy Haslam, Chancellor Morgan Zurn, Haslam, Zurn, Berkshire, Berkshire countersued, Tom Hals, David Holmes Organizations: Berkshire Hathaway, REUTERS, Rights, Travel Centers, Cleveland Browns, Berkshire, Pilot, Thomson Locations: Omaha , Nebraska, U.S, Rights WILMINGTON , Delaware, Delaware, Delaware's, Berkshire, Knoxville , Tennessee, Wilmington , Delaware

(AP) — An attorney for the billionaire Haslam family called bribery allegations leveled by Warren Buffett's company a “wild invention” Thursday. The Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire last month of trying to understate Pilot’s earnings this year by changing its accounting practices. A senior executive who had been promised a bonus revealed that to the current Pilot CEO, according to Berkshire. Haslam’s side promises have forced the company to investigate and interrogate many of the key employees it relies on today to operate the company,” Lavoie said. In addition to Pilot, Berkshire owns an eclectic assortment of other businesses including Geico insurance, BNSF railroad and several major utilities along with a number of smaller manufacturing and retail businesses.

Persons: Haslam, Warren Buffett's, Berkshire Hathaway, Jimmy Haslam, Bill Haslam —, ”, Anitha Reddy, Craig Lavoie, Berkshire, Jim Haslam — Jimmy, Bill Haslam’s, —, Lavoie, it's, Mr, Haslam’s, ” Lavoie, Buffett Organizations: Berkshire, Cleveland Browns, BNSF, Apple, American Express, Bank of America Locations: OMAHA, Neb, Berkshire, Tennessee, United States, Canada

The Haslams' lawyers and a representative for the family didn't immediately respond to requests for comment. A senior executive who had been promised a bonus revealed that to the current Pilot CEO, who Berkshire appointed after it took over, according to the filing. Berkshire initially bought 38.6% of Pilot back then for $2.758 billion before more than doubling that to 80% this year for an additional $8.2 billion. Pilot is the nation’s largest network of truck stops with more than 850 locations and roughly 30,000 employees in the United States and Canada. Berkshire said it's impossible to calculate how much Pilot's profits may have been inflated this year because of decisions executives who were promised bonuses made.

Persons: — Warren, Berkshire Hathaway, Haslam, Jimmy Haslam, Bill Haslam —, Berkshire, Jim Haslam — Jimmy, Bill Haslam's, —, Buffett Organizations: Cleveland Browns, Berkshire, BNSF, Apple, American Express, Bank of America Locations: OMAHA, Neb, Berkshire, Tennessee, Knoxville , Tennessee, United States, Canada

☆ CNBC's Cities of Success Nashville: Sneak Peek
▼ + stars: | 2023-11-28 | 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 EmailCNBC's Cities of Success Nashville: Sneak PeekOn Wednesday, December 6 at 10pm ET/PT, CNBC will air a one-hour primetime "Cities of Success" special featuring Nashville, Tenn., exploring its remarkable evolution from an economy once almost exclusively powered by music to a prominent center for healthcare and research. Nashville is experiencing explosive development and attracting the likes of Amazon, Oracle, Nissan, AllianceBernstein, Lamborghini, Ferrari, venture capital, startups and professional sports teams. Anchored by CNBC's Carl Quintanilla, the program features interviews with country music star Garth Brooks corporate leaders from AllianceBernstein, Lamborghini, Nissan, Amazon, Frist Cressey Ventures, Electronic Arts, plus real estate developers and former Democratic Tennessee Governor and Nashville Mayor Philip Bredesen, former Republican Tennessee Gov. and Knoxville Mayor Bill Haslam among others.

Persons: CNBC's Carl Quintanilla, Garth Brooks, Nashville Mayor Philip Bredesen, Bill Haslam Organizations: CNBC's, Success, CNBC, Nashville, Oracle, Nissan, Lamborghini, Ferrari, Amazon, Frist Cressey Ventures, Electronic Arts, Democratic Tennessee Governor, Nashville Mayor, Republican Tennessee Gov, Knoxville Locations: Tenn, Nashville

☆ Buffett's Berkshire posts bigger loss as stocks fall; operating profit sets record
▼ + stars: | 2023-11-04 | by ( Jonathan Stempel | ) www.reuters.com time to read: +6 min

Operating profit rose 41% to $10.76 billion, even as Berkshire's net loss more than quadrupled to $12.77 billion. "Against that backdrop it's not surprising that Berkshire's consumer and housing-related subsidiaries are seeing pressure," she said. "Berkshire is disciplined," said Tom Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania who has owned Berkshire stock since 1982. Berkshire's net results swing widely because accounting rules require the company to report investment gains and losses even if it buys and sells nothing. His $117.5 billion net worth ranks fifth worldwide according to Forbes magazine.

Persons: Rick Wilking, Warren Buffett's, Jim Shanahan, Edward Jones, Cathy Seifert, extol, Buffett, Tom Russo, Gardner Russo, Quinn, Cash, Berkshire's, Ian, Geico, Shanahan, PACIFICORP, Haslam, Jonathan Stempel, Ira Iosebashvili, Jason Neely, Diane Craft Organizations: Berkshire Hathaway, REUTERS, Warren Buffett's Berkshire Hathaway Inc, Apple, Treasury, BNSF, Clayton Homes ., Berkshire, Forbes, . Berkshire, Thomson Locations: Omaha, U.S, Berkshire, Omaha , Nebraska, Lancaster , Pennsylvania, California, Florida , New Jersey, New York, United States, Israel

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

Berkshire changed the accounting practices at Pilot this year after it acquired control of the company. “Berkshire is intent on using the accounting change to justify grossly underpaying Pilot (the Haslam family) for its 20% interest," the lawsuit said. The Haslam family, which includes Cleveland Browns owner Jimmy Haslam and former Tennessee Gov. But the family did say Berkshire estimated its stake would be worth $3.2 billion without the accounting change. “This legal dispute is limited to a narrow issue between owners and is in no way related to the management or day-to-day operations of Pilot Company," Seabrook said.

Persons: Haslam, Warren Buffett, Berkshire Hathaway, Jim Haslam, Jimmy Haslam, Bill Haslam, Buffett, Kristin Seabrook, Seabrook, Haslams, “ Organizations: Travel Centers, Berkshire, Cleveland Browns, Tennessee Gov, Pilot Company Locations: OMAHA, Neb, Pilot, Berkshire, “ Berkshire, United States, Canada

☆ Opinion | This Is Why Trump Lies Like There’s No Tomorrow
▼ + stars: | 2023-06-28 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +6 min

Together, we are determined to defend and preserve government of the people, by the people and for the people. In conclusion, they argue,It is important to recognize that Trump was no puppet master and that his followers were far more than puppets. Instead, he was the unifier, activator, and enabler of his followers during the dark events of Jan. 6, 2021. The absence of a point at which Trump instructed his supporters to assault Capitol Hill makes the assault on Capitol Hill no less his responsibility. It remains unknown whether Trump will be charged in connection with his refusal to abide by all of the legal requirements of democratic electoral competition.

Persons: Trump, “ Trump, Haslam, ‘, Donald Trump’s exhortations, ”, “, ” Charles Stewart III, denialists, Stewart, Donald Trump Organizations: Capitol, America, Trump, United States Capitol, CNN, Republican, White House, Democratic Party Locations: Washington

“It is with profound sadness that I announce the passing of my husband, Jim Brown,” Monique Brown wrote on Instagram. Our hearts are broken…”The sole team Brown played for, the Cleveland Browns, tweeted, “Jim Brown Forever. Jim Brown, led the league in rushing in eight of his nine seasons with the Cleveland Browns and set the all-time record for rushing yards. Brown also made his mark as a civil rights activist, working with inner-city gang members and prison inmates. Jim Brown’s legacy will live on forever,” the NFL tweeted.

☆ Jim Brown, legendary NFL running back, dead at 87
▼ + stars: | 2023-05-19 | by ( Bill Trott | ) www.reuters.com time to read: +7 min

[1/2] Former NFL football player Jim Brown speaks after meeting with U.S. President Donald Trump at the White House in Washington, U.S., October 11, 2018. Brown led the NFL in rushing in eight of his nine seasons and was voted the league's most valuable player four times. "I didn't retire because I was broken down and slow," Brown told Sports Illustrated in 2015. "I was basically a proponent of economic development as a way to equality, social equality," Brown told the Cleveland Plain Dealer in 2013. The NFL this year honored Brown by renaming the league's rushing title the Jim Brown Award.

☆ Investigator boasted about 'getting queen's medical records', Prince Harry case told
▼ + stars: | 2023-05-17 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

LONDON, May 17 (Reuters) - A private investigator who worked for the publisher of the Daily Mirror boasted he could "get the queen's medical records", a retired police officer on Wednesday told a court hearing Prince Harry's lawsuit against the British newspaper. Former police officer Derek Haslam told London's High Court that MGN journalists regularly paid a private investigation company, Southern Investigations, to unlawfully gather information. 'QUEEN'S MEDICAL RECORDS'Rees, also a former police officer, "would openly brag" about conducting hacking and blagging – getting private information by deception – on behalf of MGN journalists, Haslam told the court. Haslam also said Rees had told him that he had "sold some information to the Mirror for a story about Prince Michael of Kent being in debt to the bank". Reporting by Sam Tobin; additional reporting by Michael Holden; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

On top of the GOP gubernatorial primary in Kentucky, there are other contests taking place on Tuesday that could provide some clues about 2024 — even though it’s hard to draw too many lessons from individual races. Voters are also heading to the polls in Pennsylvania, which is hosting a crowded Democratic primary for Philadelphia mayor. Two races will also provide some insight into voter attitudes in two key counties in two crucial battlegrounds. In other Pence news, he will attend Iowa GOP Sen. Joni Ernst’s “Roast and Ride” event next month, per Fox News (former United Nations Ambassador Nikki Haley is also attending). Jumping in: Former state Rep. Leslie Love jumped into the Democratic Senate primary in Michigan on Monday.

☆ Berkshire posts $35.5 billion profit, sells over $13 billion in stocks
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +3 min

Berkshire also sped up repurchases of its own stock, buying back $4.4 billion, while paring its investments in other stocks such as Chevron Corp CVX.N, which is still a major holding. MORE CASHNet income equaled $24,377 per Class A share and rose from $5.58 billion, or $3,784 per share, a year earlier. That in part reflected a 27% jump in Apple's AAPL.O stock price, leaving Berkshire with a $151 billion stake in the iPhone maker. Quarterly operating profit increased 13% to $8.07 billion, or about $5,561 per Class A share, from $7.16 billion. Berkshire's cash hoard grew $2 billion in the quarter to $130.6 billion, as the company sold $13.3 billion of stocks and bought just $2.9 billion.

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