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It was not immediately clear who sent the messages, and there is no complete list of whom they were delivered to. “My initial reaction was probably like disbelief, like I thought it was like a joke,” said Jones, who forwarded the text message to loved ones. The “racist and vile spam text messages” have also spread to Louisiana, Republican state Attorney General Liz Murrill confirmed said Thursday via X. And in Washington, DC, the attorney general’s office also is “aware of racist text messages being sent to residents there, condemning them unequivocally,” spokesperson Gabriel Shoglow-Rubenstein said. If you believe your safety is at risk, please contact local law enforcement,” he said in a statement to CNN.
Persons: , Derrick Johnson, ” Donald Trump’s, Karoline Leavitt, TextNow, , Talaya Jones, Jones, Alysa, Arleta McCall, ” McCall, Liz Murrill, Letitia James, Brown, Sam Burwell, Chloe Smith, Laura Bass, Gabriel Shoglow, Rubenstein, ” TextNow, Alayna Treene, Andy Rose Organizations: CNN, Authorities, NAACP, stoke, & Safety, Federal Communications Commission, FBI, Justice Department, ” University of Alabama, University of Alabama, Republican, Louisiana Bureau, Investigation, ” New York, Montgomery County Public Schools, KHOU, General’s Locations: United States, Alabama, Georgia, Maryland , Michigan , New Jersey , New York, South Carolina, Virginia, Louisiana, Nevada, Piscataway , New Jersey, New, Maryland, Montgomery County, Houston, Washington , DC, Hanna
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDavid Rubenstein: Donald Trump has the power as president to get a lot done through CongressDavid Rubenstein, The Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss Donald Trump's victory in the 2024 presidential election, what his legislative agenda might look like, impact on the markets and the economy, and more.
Persons: David Rubenstein, Donald Trump, Donald Trump's Organizations: The Carlyle Group
DETROIT – President-elect Donald Trump's victory over Vice President Kamala Harris is expected to send the U.S. electric vehicle industry into a period of uncertainty. Republicans, led by the former president, have largely condemned EVs, claiming they are being forced upon consumers. Several people said they would expect Trump to target federal consumer credits that currently offer up to $7,500 for the purchase of an EV rather than target industrial production credits for companies. "It has some really good things in it that I think Republicans and Democrats will like." Many of the investments into EV production under the IRA having been taking place in Republican states such as Ohio, South Carolina and Georgia.
Persons: Donald Trump's, Kamala Harris, EVs, Trump, David Rubenstein Organizations: GM, DETROIT –, U.S, Environmental Protection Agency, Biden, Auto, Trump, The Carlyle Group, CNBC Locations: Detroit, Hamtramck, Ohio, South Carolina, Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with The Carlyle Group co-founder David RubensteinDavid Rubenstein, The Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss Donald Trump's victory in the 2024 presidential election, what his legislative agenda might look like, impact on the markets and the economy, and more.
Persons: David Rubenstein David Rubenstein, Donald Trump's Organizations: The Carlyle Group
The notice of claim was filed Thursday on behalf of Nyisha Ragsdale, the aunt of Jahmeik Modlin, who died on Oct. 14 in the Harlem neighborhood. His parents, Nytavia Ragsdale and Laron Modlin, have been charged with second-degree manslaughter and endangering the welfare of a child. A poster in memory of Jahmeik Modlin in New York City. The apartment where Jahmeik Modlin lived in New York. A march held in memory of Jahmeik Modlin.
Persons: Nyisha Ragsdale, Jahmeik Modlin, Jahmeik, Nytavia Ragsdale, Laron, , , ” Nyisha Ragsdale, Jahmiek Modlin, Stephanie Gendell, Gendell, Modlin, Jahmeik’s, Prosecutors, ” Modlin, Nyisha, Sanford Rubenstein, Rubenstein Organizations: Administration, Children’s Services, NBC, York, The, Defender Services, of, New York City Department of Investigation Locations: New York City, Harlem, New York, York, The New York, Modlin
Google plans to appeal a federal judge's antitrust ruling, CEO Sundar Pichai said. AdvertisementGoogle is preparing for a yearslong fight to appeal a federal judge's antitrust ruling against the company. Google CEO Sundar Pichai appeared on Bloomberg's "The David Rubenstein Show," where he spoke publicly about Google's search engine antitrust case for the first time since Department of Justice prosecutors submitted their proposed remedies. AdvertisementUltimately, Mehta will decide which orders Google must follow in order to restore competition to the search market, but the company will appeal. The Google antitrust case is one of the biggest of the last 30 years and has been closely watched by other Big Tech giants.
Persons: Sundar Pichai, , David Rubenstein, Pichai, Amit Mehta's, Mehta Organizations: DOJ, Google, Big Tech, Service, Justice, Prosecutors
Job seekers often face a tougher tech job market; firms are demanding more entry-level roles. AdvertisementLanding a job in techOf course, it's little surprise that most candidates would take the job, given that it's a prestigious company. Tech veteran David Jolles previously told BI that he'd moved to the Atlanta area after about four decades in Silicon Valley. He previously told BI that, little surprise, people who want to nail a job interview should make sure they're prepared. Beyond that, he said, job candidates should have stories ready about topics like a successful project they completed or a career highlight.
Persons: Sundar Pichai, Pichai, , David Rubenstein, It's, it's, Jason Henninger, Heller, David Jolles, he'd, Jolles, Nolan Church, they're Organizations: Google, Service, Business, Tech Locations: Area, Atlanta, Silicon Valley, It's
TEL AVIV — They were Israel’s eyes on the border with Gaza, but former soldiers from a military observation unit say their warnings about suspicious Hamas activity ahead of the Oct. 7 terror attacks were repeatedly ignored. In the months leading up to Oct. 7, Lifshitz said she started noticing unusual activity. NBC NewsOn the morning of the attacks, Lifshitz was training in Jerusalem. Yerushalmi also alleged that the pattern of suspicious Hamas activity was increasing in the weeks leading up to the attack. Israeli military soldiers in a new surveillance and situation room in Re’im Camp, built after their previous base at Nahal Oz was overrun and destroyed in the Hamas terror attack.
Persons: ” Roni Lifshitz, ” Lifshitz, Lifshitz, , ‘ Roni, Roni Lifshitz, Richard Engel, , Ori Megidish, Noa Marciana, , Benjamin Netanyahu, Khan Younis, Amit Yerushalmi, Margaret Weinstein, Weinstein, Yerushalmi, Ofer Rosenbaum, Haim Rubenstein, Rubenstein, Eyal Eshel, Roni Eshel, Varda Alshech, Eyal Ben, Reuven, Gen.General Yehudit Grisaro, Shlomo Aharonishki, Raphael Ben, Sheetrit, Rosenbaum, ” Rosenbaum, Yair Lapid, Netanyahu, Israel Defense Forces Danny Yatom, Yatom, Netanyahu “, Shahaf Nissani Organizations: NBC, Israel Defense Forces, Nahal, NBC News, Nahal Oz Base, Shifa, Israel’s, Israeli Police Locations: TEL AVIV, Gaza, Israeli, Tel Aviv, Jerusalem, Israel, Lifshitz, Brig, Beit She’an, Re’im, Nahal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Carlyle Group co-founder David RubensteinDavid Rubenstein, Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss Rubenstein's new book, why it's harder to figure out campaign policy plans, and Rubenstein's biggest takeaway after interviewing past presidents.
Persons: David Rubenstein David Rubenstein Organizations: Carlyle Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarlyle Group co-founder David Rubenstein on the state of the economyDavid Rubenstein, Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss his new book, The Highest Calling, why it's harder to understand campaign policy plans, and his biggest takeaways from interviewing past presidents
Persons: David Rubenstein Organizations: Group, Carlyle Group
David Solomon, CEO of Goldman Sachs, during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Aug. 6, 2024. Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that by unloading Goldman's GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues when it reports results next month. It is the latest turbulence related to Solomon's push into consumer retail. Goldman's credit card business, in particular its Apple Card, allowed rapid growth in retail lending, but also led to losses and friction with regulators.
Persons: David Solomon, Goldman Sachs, David Rubenstein, Goldman, Solomon Organizations: GM Card, Apple, GM, Barclays, The, Street Locations: New York
Read previewGetting a job at Goldman Sachs is even harder than Havard, according to its CEO. In an episode of "The David Rubenstein Show," CEO David Solomon revealed that of over 300,000 applications last year for entry-level jobs out of undergraduate university, the bank hired around 2,500 people — less than 1%. AdvertisementWhile he listed off more classic desirable traits — people who are hardworking, smart, and "believe in excellence" — Solomon emphasized tenacity. In a letter to their 2024 summer internship cohort, Solomon advised them to "embrace your unique skills and experiences." AdvertisementThe investment bank received a record-breaking 315,126 applications for its 2024 internship program, admitting only 2,700 spots — slightly less than 0.9%.
Persons: , Goldman Sachs, Havard, David Rubenstein, David Solomon, Solomon, — Solomon, Rubenstein, Goldman, Robbie Stankard Organizations: Service, Business, Colombia University
Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York, US, on Tuesday, Nov. 28, 2023. Bill Ackman's Pershing Square USA withdrew plans for a an initial public offering after investor demand appeared to wane from original expectations. As of the end of June, Pershing Square had $18.7 billion in assets under management. Most of the money was under Pershing Square Holdings, a closed-end fund that trades in Europe. Ackman's move to publicly list Pershing Square was seen as a way to capitalize on his growing presence among retail investors.
Persons: Bill Ackman, David Rubenstein, Bill Ackman's, Berkshire Hathaway, Seth Klarman's Organizations: Pershing, Capital Management, Bill Ackman's Pershing, USA, Berkshire, Pershing Square Holdings, Bloomberg, U.S Locations: New York, PSUS, Europe, Seth Klarman's Boston
Federal Reserve Chair Jerome Powell is set to address the Economic Club of Washington, D.C., on Monday as traders look for hints about when the central bank will cut interest rates. Powell will partake in a discussion with David Rubenstein, chairman of the Economic Club and co-founder of The Carlyle Group. These will be Powell's first remarks since Thursday's consumer price index report, which showed that prices went down in June on a monthly basis. He also said the central bank did not need to wait for inflation to actually reach its 2% target before cutting rates. The Federal Reserve has a policy meeting at the end of July, but a rate cut is seen unlikely at that time.
Persons: Jerome Powell, Powell, David Rubenstein Organizations: Economic, of Washington, of Washington , D.C, Economic Club, The, Group, Capitol, Fed, Federal, Traders Locations: of Washington ,
Why the Fed is stressed about presidential elections
  + stars: | 2024-07-10 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
New York CNN —Federal Reserve Chair Jerome Powell sent investors mixed messages on Tuesday during his semiannual testimony to Congress. Powell is stressed about the election: Powell was asked by multiple senators about White House politics, which he dodged. While the Fed head noted that policy decisions are data dependent, “elevated inflation is not the only risk we face,” he said. The September Fed meeting will be “live”: Powell noted multiple times that every Fed policy decision is made “live” using the latest available economic data – in other words, decisions aren’t made in advance. About 75% of investors think the Fed will cut rates, and about 25% think they’ll remain the same.
Persons: Jerome Powell, Powell, , Donald Trump, reappoint Powell, , Joseph Brusuelas, Trump, Gregory Daco, Chris Larkin, Morgan Stanley, Larkin, don’t, aren’t, David Rubenstein, he’ll, Airbnb, Isabelle Chapman, Majlie, Puy Kamp, Audrey Ash, Chris Isidore . Organizations: CNN Business, Bell, New York CNN — Federal, White, , Reserve, RSM, Federal Reserve, US Consumer, Treasury, Fed, Economics, Washington DC, Jackson, CNN, Boeing, Alaska Airlines Locations: New York, Powell, Washington, Alaska
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow up, Nvidia sinksThe Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron. He expressed concerns about potential criticism from former President Donald Trump if rate cuts occur before the election. "I suspect the market is probably more right than wrong when it says the rate cuts are likely to come after the election," he said. James Butterfill, head of research at CoinShares, attributes the sell-off to concerns over the number of rate cuts.
Persons: Dow, Goldman Sachs, David Rubenstein, Rubenstein, CNBC's Andrew Ross Sorkin, Donald Trump, Bitcoin, James Butterfill, Shein Organizations: CNBC, Nvidia, Dow Jones, Chevron, Nasdaq, Treasury, The Carlyle, Federal Reserve, Novo Nordisk Locations: Israel, Lebanon, Novo, North Carolina, Danish, London, U.S, Beijing, Singapore, China
Don't expect rate cuts from the Federal Reserve before the November election, according to David Rubenstein. "Generally the Fed wants to stay out of politics," the co-founder and co-chairman of The Carlyle Group told CNBC's Andrew Ross Sorkin on " Squawk Box " Monday. "I've always said that I think the Fed is not likely to cut rates before the election because it would just cause too much political turmoil." Rubenstein noted that the Fed likely recognizes it would be "heavily criticized" by former President Donald Trump if it starts cutting ahead of the election. "I suspect the market is probably more right than wrong when it says the rate cuts are likely to come after the election," he said.
Persons: David Rubenstein, CNBC's Andrew Ross Sorkin, I've, Rubenstein, Donald Trump, He's Organizations: Federal Reserve, The Carlyle Group, Traders, The Kennedy Center, Democrat
Carlyle Group’s David Rubenstein: I'd give this economy a B+
  + stars: | 2024-06-24 | 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 EmailCarlyle Group’s David Rubenstein: I'd give this economy a B+David Rubenstein, The Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss the state of the 2024 race, the Fed's inflation fight, state of the economy, MLB team ownership, and more.
Persons: Carlyle Group’s David Rubenstein, I'd, David Rubenstein Organizations: The Carlyle Group, MLB
Hedge fund executive and billionaire Bill Ackman has signaled to associates that he is likely to support Donald Trump for president over Joe Biden, according to a source familiar with the matter. Ackman previously financed Robert F. Kennedy Jr.'s campaign for president and Republican Nikki Haley's failed bid for the White House. If Ackman endorses Trump, he will join a growing crowd of Wall Street executives backing Trump over Biden. Blackstone CEO Steve Schwarzman recently said in a statement that he would support Trump. When asked at the time whether he would vote for Trump over Biden, Ackman said, "I'll make that decision when I have the choice."
Persons: Bill Ackman, David Rubenstein, Donald Trump, Joe Biden, Robert F, Kennedy Jr, Nikki Haley's, Ackman, Trump, Blackstone, Steve Schwarzman, Biden, Dean Phillips, Phillips Organizations: Pershing, Capital Management, White, Forbes, Financial Times, Wall Street, Biden, Trump, Republican, CNBC, Democratic, Commission Locations: New York
Carlyle also sees an opportunity to take advantage of sports' greater openness to institutional capital as teams get more expensive. Advertisement"Post-COVID, no content is more important than sports content," Fund said. Successfully running a team isn't as easy as investing in oneCarlyle sees openings for outside investors in teams as their valuations soar. "As teams become more expensive, you're running out of people to buy controlling stakes in teams," Fund said. Key to the Reign deal, for example, was having the Sounders, with its deep market knowledge, as a day-to-day operator.
Persons: , Carlyle, Ben Fund, Alex Popov, cochair David Rubenstein, We've, We're Organizations: Service, National, Soccer, Seattle, FC, Seattle Sounders, Business, Fund, Baltimore Orioles, NFL, Sounders
Biden says he would be 'happy to debate' Trump
  + stars: | 2024-04-26 | by ( Kyla Guilfoil | ) www.cnbc.com   time to read: +1 min
President Joe Biden said Friday during a one-on-one interview with radio host Howard Stern that he is willing to debate Donald Trump ahead of the 2024 presidential election. "I am, somewhere, I don't know when, but I am happy to debate him," Biden said in the interview. When asked in February about Trump's calls for debate, Biden merely said, "If I were him, I'd want him to debate me, too. In response to Biden's remark on Friday, a Trump campaign adviser, Chris LaCivita, said in a post to X, "Ok let's set it up!" The president's new openness for the debate comes after Trump has been advocating for a chance to go head-to-head with Biden on stage.
Persons: Joe Biden, Milton J, Howard Stern, Donald Trump, Biden, Trump's, I'd, He's, Trump, Chris LaCivita Organizations: Rubenstein Museum of Science, Technology Locations: America, Central New York, Syracuse , New York, U.S
President Biden will depart New York today and return to Washington, D.C., concluding a campaign trip promoting his economic policies. Mr. Trump stands accused of covering up a sex scandal surrounding the 2016 presidential campaign. “It was breathtaking,” Mr. Trump said in brief remarks to the press. “We have an Infrastructure Decade coming,” Mr. Biden said at the Milton J. Rubenstein Museum of Science & Technology, adding, in reference to Mr. Trump, “The last guy had Infrastructure Week and never showed up.”He continued: “American manufacturing is back. He also continued to compare campus protests against the war in Gaza with the violent white supremacist rally in Charlottesville, Va., in 2017.
Persons: Biden, Donald J, Trump, David Pecker, Mr, ” Mr, Milton J, , , supremacists Organizations: Washington , D.C, Republican, National Enquirer, Rubenstein Museum of Science & Technology, Commerce Department, Nazi Locations: New York, Washington ,, Manhattan, Syracuse, American, Gaza, Charlottesville, Va, ” “ Charlottesville
Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."
Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York
Best in months: The S & P 500 and Nasdaq are both higher on Friday, on pace for their best weeks since November. The gains break a three-week losing streak for the broad-based S & P and four straight losing weeks for the tech-heavy Nasdaq. About 46% of the S & P 500 has reported earnings so far, with nearly three quarters beating consensus expectations, according to FactSet. Earnings ahead : The busiest week of the first-quarter earnings season is coming up. But the company will still be buying back stock ahead of better times."
Persons: Jim Cramer, there's, Grace Hopper Superchip, Sanjay Mehrotra, Lam, Sanjay, we'll, Dow, Dupont, Jim Cramer's, Jim, Milton J, Kevin Lamarque Organizations: CNBC, Nasdaq, Microsoft, Intel, Nvidia, Micron, Lam Research, Apple, Coterra Energy, Starbucks, DuPont, Jim Cramer's Charitable, Micron Technology, Rubenstein Museum of Science, Technology Locations: Chevron, Devon, Syracuse , New York, U.S
Analyst Barton Crockett hiked his price target on Atlanta Braves Holdings by more than 10% to $53 per share, saying in a note to clients Tuesday that the team could soon become a buyout target. "We assume that the Braves are likely to be taken private by a billionaire once properly tax-seasoned. Shares of Atlanta Braves Holdings closed at $38.79 per share on Monday, more than 36% below the Rosenblatt price target. BATRK YTD mountain The tracking stock for the Atlanta Braves has struggled in 2024. Atlanta Braves Holdings includes not only the baseball franchise but also some real estate development around the team's baseball stadium in suburban Atlanta.
Persons: Barton Crockett, John Malone, Crockett, Rosenblatt, Carlyle, David Rubenstein, Matt Ishbia Organizations: Rosenblatt Securities, Atlanta Braves Holdings, Liberty Media, Sirius XM, Braves, Sports, National League East, Baseball, Atlanta Braves, Carlyle Group, Baltimore Orioles, Phoenix Suns Locations: U.S, Atlanta
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