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☆ Marc Rowan addresses Apollo's succession plan after brush with Trump Cabinet
▼ + stars: | 2024-12-11 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +3 min

Marc Rowan on Wednesday addressed succession at private-equity giant Apollo Global. After Apollo CEO Marc Rowan's whirlwind candidacy for Trump's Treasury Secretary gig, questions remain about what could become of the firm after Rowan's eventual exit. As Business Insider has previously reported, Wall Street stock analysts view the two Apollo Asset Management copresidents as Rowan's natural successors. Rowan also mentioned "two very, very senior partners" in the firm's retirement services business Athene. But beyond these names, Rowan said there's "another 10 in asset management and another handful in retirement services" who represent "the next generation" of Apollo executives.

Persons: Marc Rowan, Marc Rowan's, Rowan, Josh Harris, Leon Black, Goldman, Scott Kleinman, Jim Zelter, Grant Kvalheim, Athene, Jim Belardi, there's, Donald Trump, Scott Bessant, Apollo, wakeup Organizations: Apollo, Trump, Treasury, Goldman Sachs Financial Services, Wall Street, Mar Locations: stewarding

☆ Marc Andreessen says he's spent 'half' his time at Mar-a-Lago since the election, weighing in on tech and economic policy
▼ + stars: | 2024-12-11 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

On a podcast, Marc Andreessen said he has spent half his time at Mar-a-Lago since Election Day. He said he regularly discusses tech and economic policy with President-elect Donald Trump. Marc Andreessen said in a recent podcast appearance that since Election Day, he has spent roughly "half" his time at Mar-a-Lago discussing policy issues with President-elect Donald Trump. "When I talk about these things, it's around tech policy, business, economics, and then, you know, the health of the country, the success of the country," Andreessen said. Representatives for Andreessen and Trump did not immediately respond to requests for comment from Business Insider.

Persons: Marc Andreessen, Donald Trump, Andreessen, Bari Weiss, Trump, he's, I've, Ben Horowitz, Andreessen Horowitz, Ben, Marc Show Organizations: Mar, Trump, Andreessen, Business, PAC, America, Republican Party of Michigan Locations: America, Republican Party of Michigan , Massachusetts, Wisconsin

☆ The billionaire owners of the Nets and Liberty plan to launch a media brand around the 'zeitgeist of Brooklyn' in 2025
▼ + stars: | 2024-12-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

The billionaire owners of the Nets and Liberty are hatching a media brand rooted in Brooklyn culture. BSE Global plans to launch a new brand in early 2025, focusing on the "zeitgeist of Brooklyn." A trio of billionaires is looking to turn "Brooklyn" into a media brand in the vein of the youth and pop-culture outlet Complex. BSE plans to launch the new global media brand in early 2025 with a focus on "capturing and sharing the zeitgeist of Brooklyn," spokesperson Sheerin Salimi confirmed to Business Insider. "They're trying to be like the voice of Brooklyn," a second person with direct knowledge of BSE's plans said.

Persons: Sheerin Salimi, Joe Tsai, Clara Wu Tsai, Julia Koch, Koch, megadonor David Koch, Salimi, Breanna Stewart, Rob Kim, Brooklyn, Sam Zussman, Rich Antoniello, Marc Ecko, BuzzFeed, DeJuan Wilson, Bryan Bedder, Wilson, who's, Complex's, Stefan Breskin, Zion Olojede, Erika Turner, Lucas Wisenthal, Vox, Ellie Organizations: Nets, Liberty, BSE, New, BSE Global, Brooklyn Nets, Brooklyn Nets , New, Brooklyn Nets , New York Liberty, Barclays Center —, Business, BI, Barclays Center, Brooklyn, Brooklyn Magazine, IMG, longtime, BuzzFeed, NTWRK, Endeavor, Nike, Aia Adriano, Digital, Big Tech, New York Times, Vox Media's, York, BSE's New York Liberty, NBA's Brooklyn Nets, There's YES, New York Yankees, Network, New York Knicks Locations: Brooklyn, New York, Brooklyn Nets ,, Brooklyn Nets , New York, New York City, BSE's, Liberty

☆ How much do health insurance companies spend on executive security? It might be less than you think.
▼ + stars: | 2024-12-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +8 min

Health insurance companies, by contrast, don't appear to spend as much on executive protection. That level of monitoring can be expensive, and the amount companies pay for executive security varies widely. Health insurance companies, including UnitedHealth Group, don't appear to spend as much on executive protection as some of the Big Tech giants. That amount represented $14,850 in 401(k) matching and $6,337 in health insurance premiums, with no amount indicated for personal security. Samuel Corum/GettyFilings show Tesla paid a Musk-owned personal security company $2.4 million to protect him in 2023.

Persons: Mark Zuckerberg, Elon, Brian Thompson, Alphabet's Sundar Pichai, Salesforce's Marc Benioff, JPMorgan Chase's Jamie Dimon, Andy Jassy, Tim Cook, perk, Doug McMillon, Chris Kempczinski, UnitedHealth, Thompson, Andrew, Paul Squire, Karen Lynch, David Cordani, Joseph LaSorsa, isn't, John Orloff, Jensen Hughes, Orloff, Samuel Corum, Tesla, —, Zuckerberg Organizations: JPMorgan, UnitedHealth, Big Tech, Walmart, New York City Police Department, CVS, Aetna, Humana, Kaiser Permanente, Service, LaSorsa, Associates, Secret Service, Capitol, Getty, Twitter Locations: New York, Manhattan, Kaiser, Delaware

☆ How tech's right-wing elite made 'debanking' claims into a political rallying point
▼ + stars: | 2024-12-10 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +15 min

There is no guaranteed right to banking services, and Andreessen and Musk both have a history of making inflammatory political statements. Last week, in a victory for the crypto industry, Trump said he would appoint the venture capitalist David Sacks, an industry ally, as his “White House A.I. Tom Williams / CQ-Roll Call via Getty Images fileTrump during the campaign wooed crypto industry support in part by talking about debanking. Still, his comment prompted others to share personal stories about losing access to banking services with no explanation and despite having good credit. At least one bank industry trade group says debanking is a real issue — and one that’s caused by government regulators’ pressure.

Persons: Elon Musk, Marc Andreessen, Biden, debanked, ”, Joe Rogan, ” —, Musk, JPMorgan Chase, Donald Trump, Andreessen Horowitz, debanking, Rohit Chopra, Joe Biden, Trump, David Sacks, ” Sacks, Paul Atkins, Tom Williams, they’ve, Melania Trump, “, wouldn’t, Barron Trump, Donald Trump Jr, Ritchie Torres, cryptocurrency, they’d, ” Marisa Coppel, Rogan, Andreessen, Sid Kalla, Kalla, ” Kalla, Chase, Jamie Dimon, It’s, Sen, Kevin Cramer, ” Cramer, ” Donald Trump, Justin Sullivan, it’s, Obama, Sam Bankman, Paul Grewal, ’ ”, Banks Organizations: Netscape, Treasury Department, JPMorgan, Consumer Financial Protection Bureau, ”, debanking, The Free Press, PayPal, Securities and Exchange Commission, Republican National Convention, Getty, Trump, White House, Blockchain Association, Roll Labs, Turing Holdings, Chase, Labs, Bank Policy Institute, FBI, North Korean, Banking Act, NBC News, Justice Department, Federal Reserve, Federal Deposit Insurance Corp, FDIC, “ Locations: U.S, North Korea, Milwaukee, Nashville , Tennessee, America, New York, Brooklyn Heights, paychecks, North Dakota, Fargo, N.D

☆ US rushes to uncover new information on whereabouts of Austin Tice after collapse of Syrian regime
▼ + stars: | 2024-12-10 | by ( Jennifer Hansler | Katie Bo Lillis | ) edition.cnn.com time to read: +5 min

CNN —The US government is rushing to uncover new information on the whereabouts of Austin Tice following the collapse of the Syrian government this weekend. The US State Department is also offering a reward of up to $10 million for information on Tice. This official told CNN that they believe the US should take this opportunity to establish a dialogue with HTS leader Abu Mohammad al-Jolani. The State Department would not say whether there has been any direct contact with Jolani, who leads a US-designated terrorist group. There is “no legal barrier” to direct communications, State Department spokesperson Miller said Tuesday.

Persons: Austin Tice, Bashar al, Tice, ”, Roger Carstens, Matthew Miller, Assad, John Kirby, Tice’s, “, Austin, he’s, They’ll, Abu Mohammad al, Jolani, Miller, I’m, Kirby, ” Debra Tice, Austin’s, Marc Tice Organizations: CNN, FBI, US State Department, ”, House, US, The State Department, State, NBC Locations: Syria, Beirut, Lebanon, Hayat Tahrir, Damascus

☆ Marc Benioff says Big Tech's 'excessive' AI spending is a 'race to the bottom'
▼ + stars: | 2024-12-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Marc Benioff said some of its rivals are in "a race to the bottom" with "excessive" AI spending. AdvertisementSalesforce's CEO says the company isn't spending as lavishly on AI as some of its tech peers — and he isn't worried about falling behind. Instead, Marc Benioff says the company will capitalize on the vast AI spending gap between it and some of its competitors and avoid a "race to the bottom." Benioff said some of Salesforce's competitors were "excessive" with their AI spending and "it's becoming a race to the bottom for some of these companies." He also highlighted that some have invested in nuclear energy and nuclear power plants.

Persons: Salesforce, Marc Benioff, —, Kara Swisher, Einstein, it's, Benioff, Kairos Power, Meta, Aravind Srinivas Organizations: Amazon Web Services, Google, Meta, Microsoft, Kairos Locations: Stanford

☆ Exploring Every Avenue
▼ + stars: | 2024-12-10 | by ( Scott Wapner | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExploring Every AvenueHe was a Harris hopeful. But following President-elect Trump's decisive victory he is developing a new strategy. Avenue Capital's Marc Lasry joins us to share his market outlook and where advisors should be putting money to work in the year ahead.

Persons: Harris, Trump's, Marc Lasry

The swift collapse of Bashar al-Assad’s Syrian regime represents a devastating defeat for Iran, the latest in a string of setbacks that have punctured long held assumptions in the West about Tehran’s military prowess. As the rebels pressed ahead, there was no concerted effort to stop the advance with Russian warplanes or Iranian-backed proxy forces. “Assad was effectively abandoned because his only friends ... Iran, Hezbollah and Russia, no longer had the capacity to help,” the official added. The United States and other governments had feared an Israeli attack on Iran would produce an overwhelming response against Israel by Iran’s proxies. Those officers had decades of experience in Syria and a network of contacts among the militants in Iran’s proxy network, including Iraqis, Afghans, Pakistanis, Yemenis and others.

Persons: Bashar al, Assad, ”, “ Assad, Iran’s, “, Israel, Norman Roule, Alex Vatanka, Vatanka, Mohammad Ali Abtahi, ” Abtahi, Roule, Soleimani, ” Roule, Qassem Soleimani, ’, Ayatollah Ali Khamanei, Yahya Sinwar, Marc Polymeropoulos, ” Polymeropoulos, Sen, Andy Kim, ” Kim, Donald Trump, ” Vatanka Organizations: Iranian Revolutionary Guard, Russian, Biden, U.S ., United Against Nuclear, Middle East Institute, Hezbollah, Revolutionary Guard Corps ’, Revolutionary Guard Corps ’ Quds Force, Iranian Revolutionary Guard Corps, Force, CIA, MSNBC, U.N Locations: Iran, Syria, Lebanon, Tehran, Russia, Damascus, Iranian, Iraq, Aleppo, Israel, Washington, United States, Gaza, Yemen, U.S, United Against Nuclear Iran, Revolutionary Guard Corps ’ Quds, Baghdad, Yemenis

☆ What we know about Luigi Mangione, person-of-interest in United Healthcare CEO's shooting death
▼ + stars: | 2024-12-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Tom Winter | ) www.nbcnews.com time to read: +2 min

The person being questioned in Pennsylvania in connection with the shooting death of United Healthcare CEO Brian Thompson has been identified as Luigi Mangione, according to six law enforcement officials with knowledge of the investigation. Mangione, 26, was arrested on a firearms charge by police in Altoona, Pennsylvania, but has not been charged in the Thompson slaying, officials said Monday. Investigators are looking into whether Mangione had recently traveled to Altoona by bus from Philadelphia, some 240 miles away, one senior law enforcement official said. A person of interest is being questioned in Pennsylvania in the Dec. 4 killing of United Healthcare CEO Brian Thompson. Anthony Behar / Sipa USA / APMangione was found in a McDonald's restaurant carrying multiple fake IDs, including one with the name “Marc Rosario," according to two senior law enforcement officials.

Persons: Brian Thompson, Luigi Mangione, Thompson, Mangione, Anthony Behar, Marc Rosario, Jessica Tisch, “ Marc Rosario, ” Organizations: United Healthcare, New York Police, Police, New, New York Hilton Locations: Pennsylvania, Altoona , Pennsylvania, Altoona, Philadelphia, New York City, Manhattan, Jersey, ”, New York, Central Park

☆ NYPD scuba team searching Central Park waters for evidence in UnitedHealthcare CEO's shooting
▼ + stars: | 2024-12-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan_Dienst_Byline.Jpg | Jonathan Dienst | ) www.nbcnews.com time to read: +3 min

New York City police were searching the waters of Central Park as authorities continue their investigation into the fatal shooting of UnitedHealthcare CEO Brian Thompson, according to sources. The police department’s scuba team was searching for evidence, including the gun used in Thompson's killing, two law enforcement sources said. The small, elite team is trained specifically in techniques and equipment to recover evidence, the sources said. They said Friday that the gunman may have left New York City through a busy bus terminal. The investigation into the killing of UnitedHealthcare CEO Brian Thompson continues in New York City on Sunday.

Persons: Brian Thompson, George Washington, Thompson, ”, FNTV UnitedHealthcare, Thompson’s, “, —, Stoppers Organizations: Police, Fort, Port Authority, New York, Bethesda, FNTV Police, Monopoly, NBC News, FBI Locations: York City, Central Park, Fort Tryon, George, New York City, midtown Manhattan, Central

☆ ‘Raygun: The Musical’ pulled after controversial breakdancer calls in lawyers
▼ + stars: | 2024-12-09 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —A musical inspired by viral Olympic breakdancer Raygun was shut down hours before it was due to open on Saturday, after lawyers representing the athlete threatened legal action, the show’s creator said on social media. Steph Broadbridge, an Australian comedian who wrote and intended to star in “Raygun: The Musical,” said in a video posted on Instagram that the breakdancer’s “lawyers got in touch with the venue and threatened legal action.”Comedian Steph Broadbridge wrote and intended to star in the show. She added that Gunn’s lawyers trademarked the musical’s poster, which featured a silhouette of the breakdancer’s famous kangaroo hop and said she couldn’t perform that dance as Gunn “owns” it. How would I possibly be able to do that without any formal breakdancing training?” Broadbridge said. That listing now says the show is called “Breaking: The Musical.”CNN has contacted Gunn’s management team at the agency Born Bred for comment.

Persons: Steph Broadbridge, ”, Marc Grimwade, Rachael Gunn, “, ” Broadbridge, Gunn “, Gunn’s, Broadbridge, Gunn Organizations: CNN, Kinselas, Paris Olympics, Emergency, ” CNN, 7news Locations: Australian, “, Sydney, United States, France, Lithuania, Australia

☆ Meet the Press – December 8, 2024
▼ + stars: | 2024-12-08 | by ( ) www.nbcnews.com time to read: +64 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is a special edition of Meet the Press with Kristen Welker. KRISTEN WELKER:We’re going to —PRES.-ELECT DONALD TRUMP:For what they did –KRISTEN WELKER:Yeah –PRES.-ELECT DONALD TRUMP:– honestly, they should go to jail. PRES.-ELECT DONALD TRUMP:For what they did –KRISTEN WELKER:Everyone on the committee you think –PRES.-ELECT DONALD TRUMP:I think everybody –KRISTEN WELKER:– should go to jail? KRISTEN WELKER:But you --PRES.-ELECT DONALD TRUMP:I want to stop--KRISTEN WELKER:– have talked about --PRES.-ELECT DONALD TRUMP:Let me tell you what --KRISTEN WELKER:– the other world leaders. PRES.-ELECT DONALD TRUMP:We're talking about --KRISTEN WELKER:You won't touch Medicare --PRES.-ELECT DONALD TRUMP:– theft --KRISTEN WELKER:– Social Security?

Persons: KRISTEN WELKER, Donald Trump, PRES, DONALD TRUMP, Joe Biden, he’s, Carol Lee, “ Playbook ”, Eugene Daniels, Marc Short, Mike Pence, Jen Psaki, Kristen Welker, Grover Cleveland, Decker, AutoZone, it's, Covid, Justin Trudeau, Jerome Powell, Will, –, You've, Biden, who's, We're, they’re, we've, – KRISTEN WELKER, they've, should've, Tom Homan – PRES, Tom Homan, you've, I've, John McCain, Collins, would've, – it's, That's, could've, Obamacare, we're, Roe, Wade, I'm, Trump, Pete Hegseth, Kash Patel, he's, Hillary Clinton, Bill Barr, Christopher Wray, Pam, Pam Bondi, Kash, that's, Trey Gowdy, “, Joe Biden – PRES, We'll, Jack Smith, I’m, ”, Hunter, Everything's, Fani Willis, Fani, Adam Schiff, Anthony Fauci, Liz Cheney, Cheney, Bennie Thompson, We’re, – PRES, Assad, Putin, Israel wouldn't, Ukraine would've, Russia's, Ukraine's, Biden should've, Elon, Trump's, Vivek Ramaswamy, Elon Musk, You’re, couldn't, Joe, MAGA, There's, McLaughlin, Fabrizio, George Washington, Abraham Lincoln, It’s – KRISTEN WELKER, Politico Playbook, Carol, It's, CAROL LEE, Kristen, they'll, Eugene, EUGENE DANIELS, “ Bennie Thompson, Marc, Johnson's, Trump isn't, JEN PSAKI, Kamala would've, He's, she's, Jen, he'd, Vladimir Putin, Tulsi Gabbard Organizations: Capitol, NBC, Staff, White House Press, Press, Trump, Walmart, Black, Biden, Canada, Mar, Federal Reserve, Democrats, Department, FBI, Truth, Mr, NATO, SpaceX, Government, Social Security, Medicaid, Justice Department, White, Service, America, Politico, Republican, MARC, Republicans, QAnon, Dreamers, Democratic, Ukraine Locations: PRES, Washington, New York, United States, China, Canada, Mexico, Canadian, Liberty, Venezuela, Colorado, Colorado . PRES, America, United States of America, Hegseth, Russia, Hague, Florida, Mar, Damascus, Ukraine, NBCNews.com, Syria

☆ We designed our dream home in Mexico for $270,000. It was cheaper than buying in the US but came with extra costs we didn't expect.
▼ + stars: | 2024-12-06 | by ( ) www.businessinsider.com time to read: +5 min

AdvertisementMy husband and I moved from the US to Mexico because we were worried about our financial future. We bought a fixer-upper for $50,000 and spent $220,000 to turn it into our dream home. My husband and I happily live in our dream home in Mérida, Mexico but getting to this point took time, patience, and some extra costs we didn't anticipate. We were looking at buying a small place in Brooklyn but couldn't find anything for less than $500,000. One expense we didn't anticipateThe time and extra costs are worth it to live in our dream home.

Persons: Fabio Martinez, John Newton, John Newton The, Marc Locations: Mexico, Mérida, NYC, Brooklyn

☆ Austin Tice’s family says he is alive and well, but they are deeply frustrated after meeting with Biden administration
▼ + stars: | 2024-12-06 | by ( Michael Conte | Alex Marquardt | ) edition.cnn.com time to read: +5 min

Washington CNN —The family of Austin Tice, a freelance journalist held in Syria since 2012, said they have new confirmation that he remains alive and well. A source familiar with what the Biden administration knows says there is no change in the administration’s assessment of Austin Tice, and they have no new information. Bill McCarren, director of the Press Freedom Center at the National Press Club, emphatically insisted the Biden administration is “lying” about what they know about Tice. “Our larger question was, how can we use this disruption to leverage something for Austin during this time?” she said. Austin’s father, Marc Tice, said that the family met with the State Department on Thursday, but that the meeting was not productive.

Persons: Austin Tice, Biden, Tice, “, ”, Debra Tice, Karine Jean, Pierre, Jean, Bill McCarren, Roger Carstens, Bashar Assad’s, Jacob Tice, Jake Sullivan, Assad, Sullivan, ” Jacob Tice, “ Sullivan, Harris, ” Debra Tice, Meagan Tice, Austin’s, Marc Tice, ” Marc Tice, Donald Trump, Austin, Naomi Tice, CNN’s Jennifer Hansler, Samantha Waldenberg Organizations: Washington CNN, National Press, White, Press, National Press Club, State Department, Austin, ”, State Department’s, White House, National Security, Biden, Harris Administration Locations: Syria, Damascus, Austin, Aleppo, ”

☆ The Biden admin. has put in place a long-term blueprint for the American economy, says Marc Morial
▼ + stars: | 2024-12-06 | 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 EmailThe Biden admin. has put in place a long-term blueprint for the American economy, says Marc MorialMarc Morial, National Urban League president and former mayor of New Orleans, joins 'Squawk Box' to discuss the impact the Biden administration has had on the economy, jobs and inflation, the success of Bidenomics, Biden vs. Trump on the economy, and more.

Persons: Marc Morial Marc Morial, Biden, Bidenomics, Trump Organizations: National Urban League, Biden Locations: New Orleans

☆ OpenAI rolls out the full version of o1, its hot reasoning model
▼ + stars: | 2024-12-05 | by ( Blake Dodge | ) www.businessinsider.com time to read: +2 min

AdvertisementOpenAI released the full version of its o1 reasoning model on Thursday. The o1 model, initially previewed in September, is now multimodal, faster, and more precise. On Thursday, OpenAI released the full version of its hot new reasoning model as part of the company's 12-day sprint of product launches and demos. The latest version is more accurate, faster, and multimodal, OpenAI CEO Sam Altman said during day one of the company's live stream. It makes major mistakes about 34% less often compared to the o1 preview mode, per an internal evaluation.

Persons: OpenAI, Sam Altman, execs, Marc Andreessen, Altman Organizations: Microsoft, o1, Tech

☆ Marc Benioff says humans are already working alongside AI agents
▼ + stars: | 2024-12-05 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

On the earnings call CEO Marc Benioff stressed the importance of digital labor and AI agents. Benioff said humans are already working with AI agents and that robots will be next. The future is here and it's humans working alongside robots, according to Salesforce CEO Marc Benioff. Benioff said that in addition to humans working alongside AI agents, they'll soon be working alongside robots as well. Meta is working on agents, Google its making AI agents with Gemini, and Bloomberg recently reported OpenAI, maker of ChatGPT, plans to launch AI agents next year.

Persons: Marc Benioff, Benioff, Salesforce, Agentforce, they'll, we'll Organizations: FedEx, Adecco, Accenture, Hardware, IBM, RBC Wealth, Microsoft, Meta, Gemini, Bloomberg Locations: Agentforce

☆ Citi promoted its largest class of managing directors under Jane Fraser. Check out the 344 names here.
▼ + stars: | 2024-12-05 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

AdvertisementCitigroup announced 344 new managing directors on Thursday, its largest class under CEO Jane Fraser. It boosted the number of new MDs in technology, a unit core to Fraser's transformation efforts. Citigroup on Thursday named 344 employees to the bank's highest rank outside the C-suite, the most since Jane Fraser became CEO in 2021. Managing director promotions are an annual tradition across Wall Street and help to showcase the next generation of industry leaders. Citi's MD promotions come as Fraser continues a yearslong effort to modernize and simplify the bank, including by thinning out its management ranks.

Persons: Jane Fraser, Citi's, Fraser, Viswas Raghavan, Aditya Agarwal Salomon Amkie Vicente Alejandro Arevalo Barrabes Lorenzo Beacco Chad Bergert Mike Berry Seok Hoon Chia KC Clark Blazej, Lucy Devlin Colm Donnelly Osama Naji El, Ali Casper Elnegaard Ben Exner Gustavo Fontes Andre Funari Mario Garcia Ricardo Garza Cecile Guilleminot Ferdinand Haindl Melissa Haw, Elia Hermida William Herrmann Eric Himmelberger Crystal Jin Gabe Juarez Abhishek Kaila Dai Kitatani Abhinav, Billy Liu Param, Ula Malczewska Siena Malik Simon Marrison Gino Mbetse Andrew Miller, Jones Kevin O'Sullivan David Oji Mihail Polyakov Prateek Rastogi Partha Rathore, Sun Alex Syhanath Atsushi Tauchi, Tinaztepe Yeung Tsai Sunny Wang, Rajan Brotia Barry J, Fatima, Ian Booth Laura Chia Yi Chen Andrew Gardiner Neary Guenin Shishir Prasad Kenny Pun Tyler Radke Jennifer Sariano Jamie Searle Chirag Shah, Shah Jack Shang Noorie Singh Albert Sutton Judy Yip Xiangrong Yu Cedric Zunino, Abhishek Agarwal Rob Brodie Sean Burnham Geoffrey Capes Erika Federico Kimberlie Hardial, Choo Stuart Hill Kyle Hughes Ketan, Swati Kulkarni James McGuigan Adrian Murphy Juan Francisco Orrego Tim Palmer Chris Skarzinski Carolina Spalding Pamela St John Subha V Chris Winter Adam Wood, Graham Buck Anmol Chowdhry Davida Heller, Bilal Akhtar Peter Battin Yun, Chen Peter Demoise Marcos Diaz Kimberly Egert Michael Fillius Janak Ghosh Kevin Hong Matt Jonason Dimba Kier Bertrand Louvard Cynthia Ng Sandeep Pati Rebecca Reeb Teresa Salvato Yun Wang, Alberto Arenas, Kimberly Barnes, ICRM Michael Caravella, Shirley Carter, Sam Cory, ICRM Mark Eliades, Steven Krause, ICRM Dora Kreymborg, Angie Lockley, Dana Lukens, Matthew MacIntyre, Piotr Matuszewski, Rosie McAnlis, Geardine McCann, Ciarán Murphy, ICRM Paul Patton, Deborah Resch, Jose Riera, Mark Steuer, ICRM Laura Toustau, ICRM Rosalie Yee, Shari Funk Shay Gonen Laura Zablah, Neha Bhardwaj Callie Boyd Josh Goldsmith Gordon Hua Sophia Jingo Patrick Kielty Neil Kothare James Kouame Cindy Santoro, Fahad Aldeweesh Maria Paula Carvajal Jonathan Nix Kubilay, Bill Burns Enrique Granillo Jesus Jauregui Gonzalo Palafox Erick Ramirez Jean Rocha Rodrigues, Laurence Assip Robert Beatson Paul Berry Matthew Boyer Suninder Singh, David Collis Ashish Kumar Daga Marc Damoiseaux Connor Dwyer Chuck Edmunds Richard Fairhall Carlos Ferrari Michael Fershtman Imelda Frayre Andre Grossi Roshni, Aditya Gupta Natalia Gutierrez de, Kentaro Hayashi Peter Nicholas Hext Sandy Hou Rocky Huang Rob Hughes, Ibidunni Howard Ilderton Johan Kabla Neha Kapur Yana Keresteliev Subir Kumar Christopher Kuo Eirini Lerikou Ronan Liston Jorge Lonegro Steffen Lunde Roberto Massacci Maura McFadden Egor Miroshnikov Jim Monahan Chen Ni Fonzarelli Ong Warren Parker Vijay Parthasarathy Mihaela Penes Galvin, Jason Pillai Luke Pollock Jonathan Radke Rohit Rajgaria Richard Rosin Camila Rossetti David Rufino Colin Ryan Manish Saraf, Marie Sho Esben, Siris Singh Iqbal Sohal Kumar Subramanian Andrew Sufka Aruna Tatavarty Davy Tsang Miro Vucetic Rishi Watts Marcus Weickel Henry Wong Jeff Wu, Sigrid Nubla Risk, Mikael Amar Gabby Banwait, Anindya Basu Bridget Griffin Nayantara Gupta Matthew Haigh Chuck Hou, Liza Ramsammy Navrup Rana Ravi Surana Logan Tamres Rodrigo Vargas Thomas Wood, Saurabh Arora, Barkai Leandra Catton Amit Choudhary Chris Cook Yoanna Darwin Jane Dulson Carol Ferretti James Flugstad Elena Gomez Mandeep Heer Jonathan Jordan Ronan Kealy Lenny Leone Simon McConnell Ross McEwan Mary Messer Olivia Morgan Sergei Oganov Patrick O'Neill Nikhil Patankar Sonal Patel Leandro Quintal Rob Ranson Andy Ren Kirstin Renner Sean Ruby Yvonne Swainston Tomas Videla Heidi Willox Elias Xilas Melissa Ongleo Yambao, Catherine Ablott Mohamed Alsaloom Shante Avery Kashif Awan, Bahree Mark Ballard Andre Batista Kathryn Beard Rachel Carpenter, George Cheruvathoor Gonzalo Cordova Nigel Deverteuil Ryan Evans Jeffrey Hazel Adam Hess John Shannon Hogue Hong Jiang Dave Jones Hitesh, Greg Lurie Rajesh M, Deepak Nabera Steven Readett Jon Rosen Michael Todisco Nishanth, Rajesh Wadhwa, Jeff Chwast Timothy R Dougherty Tracy Goldman, K, Yogi Abhyankar Emile Abinader Rob Anderson Zeshan Azam Nicola Baker Christopher Barron Stewart Boag Olga Bogdanova Greg Byrne Winnie Choi Mendy Chung Juan Francisco Clemenza Sheethal, David C Darshan Beth Emswiler Matthew Ferrari, Wells Jenny Fung Carlos Garcia, Crespo Brad Goldberg, Danny Jones Eric Kraus Mark Chung Hei Lee Lena Siew Geok Lim Jason Liu Andrew Louw Alinne, Makar Alex Marks Kishore Indroo Motwani Luis Negrete Diego Parlaghy Claudia Penido Juan Guillermo Ramirez Gaston Rodriguez Jason Rosen Einat Sadka Masa, Kathy Stith Narayan Swamy Diego Szuldman Frederic Viaud Organizations: Citigroup, Bank, Revlon, Citi, Technology, JPMorgan, Business, Citibank, N.A, Operating, Enterprise Services, Public Affairs, Finance, Chen Peter Demoise Marcos Diaz Kimberly Egert Michael Fillius Janak Ghosh Kevin Hong Matt Jonason Dimba Kier Bertrand Louvard Cynthia Ng Sandeep Pati Rebecca Reeb Teresa Salvato Yun Wang Global Legal Affairs, Compliance, Barkai Leandra Catton Amit Choudhary Chris Cook Yoanna Darwin Jane Dulson Carol Ferretti James Flugstad Elena Gomez Mandeep Heer Jonathan Jordan Ronan Kealy Lenny Leone Simon McConnell Ross McEwan Mary Messer Olivia Morgan Sergei Oganov Patrick O'Neill Nikhil Patankar Sonal Patel Leandro Quintal Rob Ranson Andy Ren Kirstin Renner Sean Ruby Yvonne Swainston Tomas Videla Heidi Willox Elias Xilas Melissa Ongleo Yambao Technology, Personal Locations: headcount

☆ NFL Week 14: Social media mishap and a return to an old team - Five things to look out for
▼ + stars: | 2024-12-05 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +10 min

CNN —The NFL season is nearing the home stretch, but many teams won’t even be playing in Week 14. Here are five things to know for Week 14:Social media mistakeThe game of Week 14 is actually taking place on Thursday this week when the 11-1 Detroit Lions host the 9-3 Green Bay Packers. In the build-up to the game against the Bengals, Cowboys defensive coordinator Mike Zimmer sung the praises of the 24-year-old. ETChicago Bears vs. San Francisco 49ers – 4:25 p.m. ETMondayCincinnati Bengals vs. Dallas Cowboys – 8:15 p.m.

Persons: Jahmyr Gibbs, Gibbs, Marc Lebryk, Dan Campbell doesn’t, It’s, Matt LaFleur, “, ”, Kirk Cousins, Kirk Cousins ’, Cousins, Michael Penix Jr, Mike Stewart, It’ll, Kyler Murray, Murray, there’s, Matt Eberflus, Thomas Brown, Brown, Eberflus, Nam, he’s, – Christian McCaffrey, Jordan Mason –, Joe Burrow, Dak, Ja’Marr Chase, CeeDee Lamb, Burrow, Patrick Smith, DeMarvion Overshown, Overshown, Mike Zimmer, ” Zimmer Organizations: CNN, NFL, Houston Texans, Denver Broncos, Indianapolis Colts, New England Patriots, Washington, Baltimore Ravens, Detroit Lions, Green Bay Packers, Detroit, Kansas City Chiefs, Packers, Lions, Sports, Reuters, Vikings, Falcons, Atlanta, Atlanta’s, Los Angeles Chargers, NFC, NFC West, San Francisco 49ers, Niners, Chicago Bears, –, Arizona Cardinals, Seattle Seahawks, Seattle, Cardinals, Seahawks, Bears, They’ve, 49ers, Buffalo Bills, Cincinnati Bengals, Dallas Cowboys, New York Jets, Cowboys, Bengals, Dallas, . Miami Dolphins –, Atlanta Falcons, Minnesota Vikings, Orleans Saints, . New York Giants, Carolina Panthers, Philadelphia Eagles, Cleveland Browns, Pittsburgh Steelers –, Vegas Raiders, Tampa Bay Buccaneers, Jacksonville Jaguars, . Tennessee Titans, Los Angeles Rams, . Kansas City Chiefs Locations: Green Bay, Minnesota, Georgia, Minneapolis, Francisco, Phoenix, Texas, Dak Prescott

☆ Trump’s latest nominees are a gift to his wealthiest crypto boosters
▼ + stars: | 2024-12-05 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Atkins is a crypto advocate and a co-chairman of the Token Alliance at the Digital Chamber, a major blockchain trade association. “Little Tech is our term for tech startups, as contrasted to Big Tech incumbents,” they wrote. Those who subscribe to those “zombie ideas” are “suffering from ressentiment – a witches’ brew of resentment, bitterness, and rage that is causing them to hold mistaken values,” Andreessen wrote. Let unfettered markets create more technology, because technology can fix all of society’s ills, if only the short-sighted would get out of its way. “We believe that there is no material problem – whether created by nature or by technology – that cannot be solved with more technology,” Andreessen wrote.

Persons: Donald Trump, Trump, Paul Atkins, Gail Slater, Atkins, Slater, JD Vance, Matt Gaetz, Pete Hegseth, ”, Gene Kimmelman, Joe Biden’s, Gary Gensler, ” Trump, Marc Andreessen, Ben Horowitz, Peter Thiel, Andreessen, Horowitz —, Andreessen Horowitz, “, ” Andreessen, Biden, LiveNation, —, William Kovacic, Kovacic, ” Kimmelman, Kimmelman, ” Atkins, George W, Bush, Chris Dixon, ” Dixon Organizations: CNN, Big Tech, Google, Securities and Exchange Commission, Alliance, Digital Chamber, Trump White House, Federal Trade Commission, Fox News, Joe Biden’s SEC, “ Big Tech, Truth, Little Tech, “ Little Tech, Trump, PayPal, “, Tech, Biden DOJ, Apple, Ticketmaster, Visa, DOJ, Justice Department, White, SEC Locations: Silicon Valley, Little, U.S

But neither he nor Ivanka Trump is expected to take on any formal role in the White House. This accounting of the roles Trump’s family members will play in his second administration is based on conversations with 10 people familiar with the dynamics. “Susie ran the best of his three campaigns, and she’ll run the best White House that he’s had,” the former senior Trump White House official said. Now, the president-elect calls Kushner periodically to get his opinion on some potential hires, the former senior White House official said. A source close to Trump Jr. said he has no designs on an official or unofficial position in Trump’s White House.

Persons: Donald Trump, Ivanka, Jared Kushner, Ivanka Trump, Kushner, Donald Trump Jr, Eric —, Sen, JD Vance, Ohio, Barron, Trump, Eric Trump, Barron Trump, Washington “, Charles Kushner, Massad Boulos, Tiffany Trump, Trump’s, ” Trump, Karoline Leavitt, ”, “, that’s, Susie Wiles, “ Susie, he’s, Susie, Vance, Bernie Moreno, ” Kimberly Benza, Lara Trump, Marco Rubio, Elon Musk, Ron DeSantis, Abraham, Steven Witkoff, Marc Rowan, Scott Bessent, ” “, “ He’s, Kimberly Guilfoyle, Doug Burgum, Karl Rove —, —, Tim Walz, Mike Pompeo, Tucker Carlson’s, Don, “ Don Jr Organizations: White, family’s Trump Organization, NBC, Trump White House, Trump, Fox News, Republican Party, “, Republican, Trump Organization, Republican National Committee, Florida Gov, Fox, Wing, Abraham Accords, White House, GOP, North Dakota Gov, Trump Jr, Vance, NBC News, Breitbart, Minnesota Gov, Machines Locations: West Wing, Florida, Washington, France, Ohio, Trump’s, Middle East, Israel, White

☆ Marc Benioff ruptured his achilles tendon. He doesn't give a 'Fakarava' as Agentforce hope sends Salesforce stock to record.
▼ + stars: | 2024-12-04 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

On Tuesday, Salesforce CEO Marc Benioff described a painful injury he sustained recently while visiting Fakarava, a remote atoll in the Pacific Ocean. More importantly, Benioff shared some early signs of positive traction for Salesforce's latest AI product, called Agentforce, which helps customers design AI agents. AdvertisementThe CEO said Salesforce "delivered" 200 deals for this new generative AI offering after it became generally available in the last week of the quarter. AdvertisementBenioff touted what he called Salesforce's "unfair advantage" over other generative AI tools because Agentforce is grounded on customer data, such as purchases and returns. Advertisement"Despite Salesforce making AI its defining narrative, the true turning point hinges on Agentforce execution and adoption," Miner wrote.

Persons: Benioff, Marc Benioff, Fakarava, I've, Salesforce, Bret Taylor, It's, Agentforce, Copilot, OpenAI's, Charlie Miner, Miner Organizations: Microsoft Locations: Fakarava, Polynesia

☆ Salesforce shares jump on earnings beat and strong AI deals pipeline
▼ + stars: | 2024-12-04 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Salesforce's revenue grew 8% year over year to $9.44 billion in its third quarter, up from the $9.34 billion expected by LSEG. Salesforce raised revenue guidance to between $37.8 billion and $38 billion for its fiscal 2025, up slightly from $37.7 billion to $38 billion it had previously reported. The analysts said they are encouraged by Salesforce's strong start with its artificial intelligence agent, Agentforce, as it closed more than 200 deals during the quarter with "thousands" more in the pipeline. Salesforce's Agentforce is an example of so-called AI agent technology. Goldman Sachs analysts raised their Salesforce price target from $360 to $400 and reiterated their buy rating on the stock.

Persons: Marc Benioff, Morgan Stanley, Salesforce's, Goldman Sachs, Agentforce, Michael Bloom, Jonathan Vanian Organizations: Economic, LSEG, TAM, Bank of America Locations: Davos, Switzerland

☆ DOGE just got a new hire
▼ + stars: | 2024-12-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

AdvertisementTrump announced that William Joseph McGinley will serve as counsel to DOGE. McGinley is DOGE's first reported hire, and Musk and Ramaswamy have encouraged everyday Americans to apply. Musk and Ramaswamy, DOGE co-heads, said they want to staff the commission with "small-government crusaders." President-elect Donald Trump announced Wednesday a new hire for the Department of Government Efficiency: William Joseph McGinley as the commission's counsel. AdvertisementThe DOGE co-heads have said they want to cut $2 trillion from the federal budget.

Persons: William Joseph McGinley, McGinley, DOGE's, Ramaswamy, DOGE, Donald Trump, Elon Musk, Vivek Ramaswamy, Marc Andreessen, Uber, Travis Kalanick, Ramswamy Organizations: Trump, Department of Government, Twitter, Musk

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