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In a new podcast, billionaire Point72 founder Steve Cohen talks about the intangible values good investors have. Cohen, the owner of the MLB's New York Mets, spoke about how the level of discipline is similar to professional athletes. "The talent in this industry is exceptional," said Cohen, wearing a gray New York Mets pullover. It's why at Point72, Cohen said, "constant learning" is mandatory for any employee. Advertisement"This is pattern recognition and knowing what you're good at," he said about investing.
Persons: Steve Cohen, Cohen, Steve Cohen's, Harry Schwefel, Schwefel Organizations: New York Mets, Major League Baseball, Queens, Citadel, Training, Harvard Business School, Ivy League, Harvard's, MLB
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Bridget Finn is the new director of Art Basel Miami Beach, set to have 286 galleries this year. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. The latest feather in her cap is helming this year's Art Basel Miami Beach show as its new director. This year, 34 galleries will make their Art Basel Miami Beach debut, the most first-time participants at the fair in over 15 years. "I would be so bold as to say that Art Basel Miami Beach is often the platform where new trends in art appear.
Persons: Bridget Finn, Finn, , Bridget Finn —, Paola Chapdelaine, she's, Caitlin Keogh's, Caitlin Keogh, Basel's, Agosto Machado, Terrence Musekiwa, Diego Vega Solorza Organizations: Art Basel Miami Beach, Business, Service, Art Basel, Miami Beach Convention Locations: Basel, Manhattan, NY, Bortolami, Americas, Asia, Europe, New York, Mexican, Brazilian
That's because it's a felony to file false tax returns but only a misdemeanor not to file a return at all. As a result, many millionaires could simply be taking their chances, betting that they will face few consequences for not filing their tax returns. Renewed investigationNotices were mailed in February in 125,000 cases targeting wealthy taxpayers who had not filed tax returns since 2017. And so far, at least, it does not appear that many of these very wealthy non-filers are facing legal consequences for their failure to meet their civic and legal obligations. "Both the DOJ and [IRS Criminal Investigation] have limited resources, and in most cases, those resources are used to investigate and prosecute felonies.
Persons: it's, Joe Biden, Joe Manchin, Chuck Schumer, James Clyburn, Biden, Leah Millis, Ron Wyden, Robert Lighthizer, Anna Moneymaker, , Adam Jeffery, filers, Daniel Acker Organizations: WASHINGTON, Internal Revenue Service, CNBC, Department of Justice, IRS, White, Reuters, Finance, Senate Finance, Washington , D.C, Bloomberg, Getty, Internal Revenue Services, DOJ, Treasury Department, Treasury Locations: Washington, Oregon, U.S, Washington ,
Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. It was part of a persona that was carefully constructed over more than 50 years on Wall Street. Though he was a respected market historian, he was most renowned as a storyteller for the stock market. Those who are somewhat suspect, they do much better.”He had two great loves in his life: his family and the New York Stock Exchange. In the age of computerized trading, the fabled NYSE trading floor still survives, though in greatly diminished form.
Persons: Cashin, Walter Cronkite, , Bobby Van’s, Nellie, ” Cashin, Arthur D, Thomson McKinnon, , PaineWebber, New York Americans —, John Wayne Western, I’ve, Arthur Cashin, Cronkite, Cashin Jr, — CNBC’s Martin Steinberg Organizations: UBS, New York Stock Exchange, Washington Post, CNBC, NYSE, Herzig, Wall, World Trade, New York Americans, Heroes, CBS, Xavier High School Locations: Jersey City , New Jersey, Jersey City, Brooklyn, Manhattan, Dunkirk, New, U.S, , , New York, NY
Sentencing in the NY hush-money case has been indefinitely delayed by this latest dismissal bid. His hush-money case should therefore be immediately dismissed, and his 34 felony convictions wiped clean, his lawyers said last month that they plan to argue. Just how Trump leaps from presidential immunity to president-elect immunity has yet to be fleshed out. Jane Rosenberg/Pool Photo via APThe argument that a president-elect has immunitySo why does Trump believe he enjoys presidential immunity from prosecution even now, as president-elect? Advertisement"President Trump has already commenced this complex, sensitive, and intensely time-consuming process," the two lawyers wrote of the transition on November 8.
Persons: Trump, Donald Trump, Juan Merchan, Stormy Daniels, DANY's, Todd Blanche, Emil Bove, Blanche, Attorney Alvin Bragg, Bragg, , SCOTUS, Jane Rosenberg, Bove, Jack Smith, Trump's, Justin Lane Organizations: US, New, Trump, Manhattan, Attorney's Office, District, Attorney, Prosecutors, New York Locations: New York, Bove, Manhattan
An ancient bronze thought to be a likeness of the Roman emperor Septimius Severus is to be reunited with its long lost torso after a Danish museum agreed that its sculpture of a bearded man’s head had been looted and should be returned to Turkey. Since then, the Turkish government has been petitioning the Ny Carlsberg Glyptotek in Copenhagen, requesting the return of the 2,000-year-old head to complete the statue. The Danish museum said it had made its decision after prolonged research. “Exceptionally strong arguments and scientific documentation are required to separate a work from the museum’s collection,” Gertrud Hvidberg-Hansen, the museum’s director, said in a statement. “In the case of this object, both criteria were present.”
Persons: Septimius Severus, ” Gertrud Hvidberg, Hansen, , Organizations: Metropolitan Museum of Art, Ny Carlsberg Locations: Danish, Turkey, Roman, New York, Copenhagen, Bubon
Calpak, Samsonite, Travelpro, American Tourister, and other top retailers are offering deals on some of the best luggage and best carry-ons our travel editors have tested. View at Travelpro What we like Check mark icon A check mark. Lots of pockets and features that make packing easierCheck mark icon A check mark. View at Away What we like Check mark icon A check mark. View at CalpakBest Cyber Monday deals on checked luggageWe've pulled deals from our favorite luggage brands in our guide to the best luggage.
Persons: we've, Riley, sitewide Carl Friedrik, Pick, let's, they're, we're, It's, Kaya, Calpak Calpak Luka, Luka Duffel Organizations: Business, Briggs, Dover, TSA, Delsey, Disney, Star Wars, Metro, Calpak Calpak, Calpak Calpak Luka Duffel, Prime Locations: Delsey Chatelet, Chatelet, Calpak
AdvertisementTikTok Shop saw over $100 million in single-day sales on Black Friday, a spokesperson told BI. On Friday, the company drove over $100 million in US sales on its e-commerce platform Shop, a company spokesperson told Business Insider. Other top sellers on TikTok Shop's Black Friday were Tarte Cosmetics and lifestyle retailer Miniso, they added. Last year, across the full US holiday shopping season, Amazon drove around $104 billion in US holiday sales, while Walmart hit about $20 billion in US e-commerce sales during that holiday period, according to eMarketer estimates. TikTok Shop featured holiday discounts from brands like electronics maker Phillips, Fenty Beauty, and Maybelline NY, for example.
Persons: TikTok, Stormi Steele, Nico Le Bourgeois, Le Bourgeois, Tarte, Phillips, TikTok's Organizations: Amazon, Adobe Analytics, Walmart, Congress Locations: China
One of the best deals we've seen is 20% off the Travelpro Platinum Elite, our top pick from our guide to the best carry-on bags. View at Travelpro What we like Check mark icon A check mark. View at Away What we like Check mark icon A check mark. View at CalpakBest Black Friday deals on checked luggageWe've pulled deals from our favorite luggage brands in our guide to the best luggage. To learn more about the differences between soft-side, hard-side, and aluminum carry-ons, check out our guide to the best carry-on luggage.
Persons: That's, sitewide Briggs, Riley, sitewide Carl Friedrik, Pick, let's, they're, we're, It's, Kaya, Calpak Calpak Luka, Luka Duffel Organizations: Business, Elite, TSA, Plus, Delsey, Disney, Star Wars, Metro, Calpak Calpak, Calpak Calpak Luka Duffel, Prime Locations: sitewide, Dover, Delsey Chatelet, Chatelet, Calpak
In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.
Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago
It was Combs’ third attempt before a federal judge to seek bail after two other judges found there were no conditions that alleviated concerns Combs was engaging in alleged witness tampering and posed a danger to women. Slavik claimed Combs violated the judge’s order limiting public statements and said Combs admitted it in one message. Earlier this year, CNN acquired and published surveillance footage depicting several different angles of the assault, which were edited together to help more clearly illustrate the incident. Slavik said prosecutors provided Combs’ team with cell phone video of the same assault that is captured on the hotel surveillance video. That was not edited.”Slavik said the government does not have the original surveillance video.
Persons: Sean “ Diddy ” Combs, Arun Subramanian, Combs, Christine Slavik, ” Slavik, Slavik, hasn’t, ” Combs, Marc Agnifilo, Cassie Ventura, Shapiro, ” Shapiro, , Organizations: NY CNN —, Intercontinental, CNN Locations: York, NY, Slavik, Miami, Manhattan, Los Angeles
New York City declared a drought warning on Monday, its first in 22 years, as the Northeast deals with severe dry conditions and brush fires during a historically dry autumn. The last drought warning in New York City was issued in 2002. Under a warning city agencies adopt drought protocols and voluntary water conservation is encouraged for New Yorkers. New York City's water supply needs almost 8 inches of rain to reach normal levels, officials said. Kathy Hochul also declared a statewide drought watch on Monday citing “a historic shortage of rainfall” and elevated 15 counties in the Mid-Hudson region and New York City, to a drought warning.
Persons: Eric Adams, , ” Adams, Kena Betancur, Adams, ” Rohit Aggarwala, Kathy Hochul, Terence O’Leary Organizations: York City, city’s Department of Environmental, New Yorkers, , NYC's Department of Environmental Protection, , Department of Environmental Conservation, NYS Division of Homeland Security, Emergency Services, Sterling Forest, New York, Park Police, New, New Jersey Forest Fire Service, National Weather Service Locations: York, New York, New York City, Greenwood Lake, N.Y, Delaware, Catskill, New, Hudson, Dutchess, Green, Orange, Putnam, Rockland, Schoharie, Sullivan, Ulster, Westchester, Orange County , New York, NY, NJ, Passaic County , New Jersey, New Jersey, Prospect, New York , New Jersey, Connecticut, Massachusetts
However, there are consequences for failing to file a tax return that you should be aware of. Why filing taxes is importantLegal obligationsFirst things first: Do you even need to file a tax return? However, you are required to file a tax return if you have $400 or more in net self-employment income. FAQs on what happens if you don't file taxesHow long can I go without filing taxes? If you don't file a tax return and don't owe any taxes, you have up to three years to claim any refund that might be due.
Persons: David Beck, Beck, filers, TurboTax, you'll, It's, it'll, there's, There's, haven't, Morgan, Tanza, Read Organizations: Free, NEC, TurboTax, Budget, Social Security, State, IRS, Levy, Railroad, Board, Military, garnishment, Chevron, Finance, Morgan Stanley Wealth Management, Fidelity, BI, Elon University Locations: U.S, Dix Hills, NY, TheStreet
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump talks with Elon Musk (right) during UFC 309 at Madison Square Garden. MandatoryPresident-elect Donald Trump will attend Tuesday's launch of the SpaceX rocket Starship with company CEO Elon Musk. Trump has tapped Musk to co-lead a Department of Government Efficiency — DOGE — with former Republican presidential contender Vivek Ramaswamy. Tuesday's launch at SpaceX's Starbase site in Boca Chica will be the sixth for Starship, the largest rocket ever built. Sen. Ted Cruz, R-Texas, also plans to attend Tuesday's launch, NBC News has learned.
Persons: Donald Trump, Elon Musk, Musk, Trump, , Vivek Ramaswamy, Sen, Ted Cruz, Cruz Organizations: Elon, UFC, Madison, SpaceX, Republican, Department of Government, Trump, NBC, Starship, NBC News, Senate, Committee Locations: New York, NY, USA, Lago, Florida, Boca Chica, Texas
This is the best Away Black Friday sale we've ever seen from the brand. Below, we've highlighted some of the best Away Black Friday deals on our favorite products. We particularly like the brand's Bigger Carry-On Flex and Aliminum Carry-On; we named both top picks in our guide to the best carry-on bags. Away's Carry-On and Bigger Carry-On bags used to have the option to add an ejectable battery for charging items on the go. Check out our roundup of all of the best Black Friday deals.
Persons: you'll, let's, they've Organizations: Business, TSA
Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.
Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, , Kimes, Kenneth Kimes ., , ‘ ” Kenneth Kimes, , . Silverman, , Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, , didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa
Four of the Trump loyalists who rallied behind him during the trial have already been tapped for roles in the president-elect's incoming administration. AdvertisementThose Trump allies include:JD Vance attended Trump's hush-money trial. AdvertisementGaetz was among an entourage of rank-and-file House Republicans who showed up at Trump's hush-money trial in support of the then-presidential hopeful. AdvertisementVivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.
Persons: Donald Trump, JD Vance, Matt Gaetz, Vivek Ramaswamy, Mike Waltz, Trump, , Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Victor J, Matt Gaetz Trump, Gaetz, Curtis Means, Elon Musk, Ramaswamy, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington
Various GOP figures showed up at the courtroom to support Donald Trump during his trial earlier this year. Four of the loyalists who rallied behind Trump during the trial have already been tapped for roles in his incoming administration. The Trump allies who supported him in court and have now been named to his administration are:JD Vance attended Trump's hush-money trial. Vivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.
Persons: Donald Trump, Trump, , Todd Blanche, Emil Bove, Dean John Sauer, JD Vance, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Matt Gaetz, Victor J, Matt Gaetz Trump, Gaetz, Vivek Ramaswamy, Curtis Means, Elon Musk, Ramaswamy, Mike Waltz, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington
Quincy Jones’ cause of death revealed
  + stars: | 2024-11-13 | by ( Dan Heching | Cheri Mossburg | ) edition.cnn.com   time to read: +4 min
Bob Parent/Hulton Archive/Getty Images Jones performs with his band in Vienna, Austria, in 1960. brandstaetter images/Hulton Archive/Getty Images Jones works with Frank Sinatra on a soundstage in 1964. Benainous/Reglain/Gamma-Rapho via Getty Images Jones poses with the six Grammys he won in 1991. Patrick Kovarik/AFP/Getty Images Jones and Oprah Winfrey appear on the red carpet together at the Academy Awards in 1995. Lois Bernstein/AP Jones poses for a photo with his daughters Kidada Jones and Rashida Jones in 2005. Charley Gallay/Getty Images Jones poses for a portrait during the Toronto Film Festival in 2018.
Persons: Quincy Jones, Jones, Ray Charles, Frank Sinatra, Michael Jackson, Bobby Holland, Michael Ochs, Bob Parent, John Dominis, Duke Ellington, David Redfern, Peggy Lipton, Shutterstock Jones, Doug Pizac, Lou Rawls, Ron Galella, Stevie Wonder, Sunny Bak, Will Smith, Miles Davis, Courtney Sale Ross, Richard Corkery, Eddie Murphy, Rick Maiman, Patrick Kovarik, Oprah Winfrey, Lois Bernstein, Kidada Jones, Rashida Jones, Donato Sardella, Kevin Mazur, Barack Obama, JIM WATSON, Michael Caine, Denise Truscello, Naomi Campbell, Charley Gallay, Chris Pizzello, , Lisa Respers France, Alli Rosenbloom Organizations: CNN, Associated Press, Michael Ochs Archives, Getty, CBS, HBO, United Negro College Fund, Lille, Montreux Jazz, Academy, Jones, White House, Toronto Film, Theatre, Abaca Press, AP, Recreation Locations: Bel Air , California, Los Angeles, Vienna, Austria, Redferns, Beverly Hills, Cannes, France, Switzerland, AFP, Haiti, Hollywood, Las Vegas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNY Fed: Total delinquencies rise to 3.5%, highest since Q2 2020 but below pre-pandemic eraCNBC's Steve Liesman reports on the latest news from the New York Federal Reserve.
Persons: Steve Liesman Organizations: New York Federal Reserve
Evercore ISI downgrades Caterpillar to in line from outperform The firm said it sees earnings per share risk for Caterpillar. Barclays reiterates Instacart as overweight The firm said it is sticking with its overweight rating following earnings. " Telsey reiterates Target as outperform Telsey says it is sticking with its outperform rating on Target ahead of earnings next week. Jefferies reiterates Netflix as buy The firm said the latest report of monthly active users for Netflix weakens the bear case. " TD Cowen reiterates Cava as buy The firm said Cava had a "flawless" third quarter.
Persons: Oppenheimer, William M, Brown, reallocating, Wells, Morgan Stanley, Telsey, Salesforce, verticals, Jefferies, Piper Sandler, Wedbush, Tesla, Donald Trump, Elon Musk, TD Cowen, Cava Organizations: Caterpillar, CAT, UBS, DTC, Bank United, Bank, Solutions Holdings, C Insurance, Barclays, CART, Starbucks, Bank of America, Netflix, MAUs, Micron, Apple, ISI, Services, Department of Government, White, Trump Locations: 3Q24, FCF
NY Fed: Inflation expectations decline slightly
  + stars: | 2024-11-12 | by ( Steve Liesman | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNY Fed: Inflation expectations decline slightlyCNBC's Steve Liesman reports on the latest news from the New York Federal Reserve.
Persons: Steve Liesman Organizations: New York Federal Reserve
His signed Joe DiMaggio jersey is in a Long Island storage facility he has no access to, he said. An employee reached by phone Thursday told Business Insider that the warehouse is a "patriotic venue," not a storage facility. A business located on the same lot, Corporate Transfer, is advertised as a storage facility. Joe DiMaggio's jersey is no longer on the wall of Rudy Giuliani's apartment, lawyers in his $148M defamation case say. Asked after court what the holdup with the storage facility might be, Giuliani told Business Insider he didn't know.
Persons: Rudy Giuliani, Ruby Freeman, Shaye Moss, Joe DiMaggio, , Joltin, Joe, Rudy Giuliani's, Giuliani, DiMaggio, Moss, Kenneth Caruso, Caruso, Judge Lewis Liman, It's, Joe DiMaggio's, Freeman, Marjorie Taylor Greene, Chaya Raichik, Kellyanne Conway, Joseph Verderber, didn't, Mercedes, Lauren Bacall, Aaron Nathan, Donald Trump, Nathan, We've, Shaye, He's, he's, Guiliani, Donald Trump's, Biden Organizations: Service, Freeman, US, Giuliani, The, Mercedes Locations: NY, , New York, Rudy Giuliani's Manhattan, Georgia, Manhattan, Long, Ronkonkoma, New York
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. Shares of Tesla climbed more than 5% in mid-morning trading Friday, pushing the electric vehicle maker's market cap past $1 trillion for the first time. The company's stock has rallied about 27% this week after President-elect Donald Trump won the U.S. presidential election and investors have grown optimistic that the former president's return to the White House could benefit Tesla. Tesla CEO Elon Musk has been a key ally for Trump throughout his campaign, pouring at least $130 million into a pro-Trump campaign effort. Tesla had a market cap of $807.1 billion through Tuesday's close.
Persons: Elon Musk, Donald Trump, Tesla Organizations: Republican, Madison, U.S, Trump Locations: New York, NY
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