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Activist investor Elliott Management has a $5 billion-plus stake in Honeywell , and it is pushing the industrial conglomerate to break itself up into two companies. Elliott managing partner Jesse Cohn and partner Marc Steinberg wrote in a Tuesday letter that "the conglomerate structure that once suited Honeywell no longer does." Elliott believes that dividing Honeywell into two companies could unlock upside of as much as 75% over the next two years. In the past, Cohn and Steinberg wrote, Honeywell's carefully assembled businesses had previously driven "consistent" margin improvements. A Honeywell spokesperson said that the company and its board "acknowledge and appreciate the perspectives of all our shareholders."
Persons: Elliott, Jesse Cohn, Marc Steinberg, Vimal Kapur, Cohn, Steinberg, Honeywell's Organizations: Honeywell, Elliott Management, Aerospace Locations: Morristown , New Jersey
He noted that in many of the videos being called out by Torres, Piker was criticizing the Israeli government, not Jewish people. Still, the letter marks one of the more high-profile callouts of the popular streaming platform over content regulations related to the Israel-Hamas war. The criticism of Piker came the same month Twitch was accused of disabling sign-ups for the platform from some users in Israel and the Palestinian territories. “It’s actually one of the most stringently applied TOS systems on any platform,” Piker said. The views shared by streamers on Twitch are not the views of Twitch nor are they my personal views."
Persons: Ritchie Torres, Hasan Piker, Benjamin Netanyahu, Piker, Torres, Twitch, , Sen, Bernie Sanders, Alexandria Ocasio, Tim Walz —, Torres —, , Dan Clancy, ” Clancy, “ They’re, ” Piker, he’s, he’s “, Cenk Uygar, Palestine ”, , , Sabra, hummus, ” CapriSunnPapi, Raffoulticket, DenimsTV, Jake Steinberg, hasan, Ethan Klein, “ I’ve, ” Klein, ” Fr0gan, raff, sabra hummus, ” Frogan, Zack “ Asmongold ” Hoyt, ” Hoyt, “ It’s, I’m, America —, Clancy Organizations: Hamas, NBC News, Minnesota Gov, NBC, Turkish, Turks, , YouTube, Defamation League, ADL, U.S . Department of State Locations: Israel, Alexandria, Cortez, Gaza, American, Palestinian, Palestine, San Diego, TikTok, America
Tom Brady has won the NFL's approval to acquire a minority stake in the Las Vegas Raiders. AdvertisementTom Brady — the star quarterback and seven-time Super Bowl champion — has been approved to acquire a 5% stake in the Las Vegas Raiders, a source close to Brady and an NFL source have confirmed to Business Insider. Brady was first reported to be eyeing a stake in the franchise in May 2023, soon after he retired from the league. AdvertisementThe purchase will make Brady the owner of two Las Vegas teams. In March, he bought a minority share of the WNBA's Las Vegas Aces.
Persons: Tom Brady, , Tom Brady —, Brady, Tom Wagner, Richard Seymour, Mark Davis, He's, Leigh Steinberg Organizations: Las Vegas Raiders, NFL, Service, Business, National Football League, Knighthead, CNBC, The Washington Post, Las Vegas, Las Vegas Aces, Aces, Raiders, Steinberg Sports, Entertainment Holdings, Fox Sports, Press Locations: Brady
The information for the following product(s) has been collected independently by Business Insider: U.S. Bank Altitude® Connect Visa Signature® Card, Chase Freedom Flex®, U.S. Bank Altitude® Go Visa Signature® Card, U.S. Bank Altitude® Reserve Visa Infinite® Card. U.S. Bank Altitude Connect Fees and CostsThe U.S. Bank Altitude Connect Visa Signature no longer has an annual fee. U.S. Bank Altitude Connect Frequently Asked Questions (FAQ)What credit score do I need to be approved for the U.S. Bank Altitude Connect? No, the U.S. Bank Altitude® Connect Visa Signature® Card isn't made of metal — it's a regular plastic card. If you're looking for a metal card from U.S. Bank, consider the U.S. Bank Altitude® Go Visa Signature® Card or U.S. Bank Altitude® Reserve Visa Infinite® Card instead.
Persons: HBO Max, Insider’s, HBO Max Hulu iHeart LiveOne, you'll, cardholders, Cardholders, Read, Ethan Steinberg Ethan Steinberg, Ethan, Guy, Angela Fung Organizations: Business Insider, U.S, Bank, Business, EV, Netflix, Hulu, Spotify, Apple Music, Disney, HBO, Costco, Amazon Music, Amazon, Apple, ESPN, MLB TV, Paramount, YouTube, LoungeKey, Troon, Chase Travel, Chase, United Airlines, Hyatt Hotels, Amazon.com, Discover, U.S . Bank, Finance Locations: U.S, Hyatt Hotels ., Shanghai, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWisdomTree CEO cautions investors against fixating on 2025 until the election outcome is knownJonathan Steinberg, WisdomTree founder and CEO, joins 'Money Movers' to discuss how capital flows have changed following the Fed's rate cut, why the election could pose risks to market performance, and much more.
Persons: Jonathan Steinberg Organizations: fixating
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail is the next sector to benefit from AI, says Zeta Global CEODavid Steinberg, Zeta Global CEO, joins 'Fast Money' to talk AI's potential use cases, revolutionizing data collection, and more.
Persons: David Steinberg Organizations: Zeta Global
How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer An A.I.-powered version of Mr. Musk has appeared in thousands of inauthentic ads, contributing to billions in fraud. Mr. Beauchamp, an 82-year-old retiree, saw a video late last year of Mr. Musk endorsing a radical investment opportunity that promised rapid returns. “I mean, the picture of him — it was him,” Mr. Beauchamp said about the video he saw of Mr. Musk. Original A.I. Audio Original Original A.I.
Persons: ‘ Deepfake Elon, Musk, Steve Beauchamp, Elon, Beauchamp, , ” Mr, ‘ Pick, ’ that’s, “ It’s, , Francesco Cavalli, Scammers, Thorold Barker, Sensity, Warren Buffett, Jeff Bezos, “ Elon, Donald J, Trump, Elon Musk, Andrew Forrest, scammers, Lou Steinberg, Cavalli, Eastern Europe — cobble, “ There’s, Molly White, Finn Brunton, Davis, “ I’m Organizations: A.I, Deloitte, Wall, Street, Amazon, India, Facebook, YouTube, Better Business Bureau, CNET, Meta, Hong Kong’s Securities, Futures Commission, Federal Trade Commission, Federal Bureau of Investigations, TED, Fox News, Eastern Europe —, Tesla, University of California, CNN, New York Times, Magna, The New York Times, Better Locations: Sensity, India, Russia, China, Eastern Europe, Ontario, Canada
Gavin Newsom’s recent executive order requiring state agencies to remove homeless encampments on public property, leaving the homeless community caught in the middle and uncertain where they will go. Now it’s time for locals to do their job.”But members of the homeless community say they have nowhere to go. “It’s absolute mayhem and craziness,” said Jeni Shurley, a member of the homeless community in Los Angeles. San Francisco has about 8,000 homeless people — the second most in the state behind Los Angeles, with about 75,000. Barger added that the city was working to maintain the trust of the homeless community while working to dismantle the camps.
Persons: Gavin Newsom’s, Newsom, , ” Newsom, We’ve, , Jeni Shurley, Shurley, that’s, “ I’ve, ” Laura Valdez, Tara Gallegos, Newsom’s, Mayor London Breed, Kathryn Barger, Barger, Darrell Steinberg, Steinberg, they’re, ” Steinberg Organizations: Gov, Department of Housing, Urban Development, Democrat, Supreme, D.C, Public, Institute of California, San Francisco’s Mission, NBC News, Mayor London, Los Angeles County, Supervisors, Republican, NBC, Sacramento Locations: California, New, , Los Angeles, Oregon , Colorado , Louisiana , Missouri, Washington, San Francisco’s, San Francisco, Los, Sacramento
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
Johnson Controls CEO George Oliver will retire from the top job at the industrial conglomerate, the company announced Wednesday morning, after "constructive dialogue" with Elliott Management, which amassed a stake in the company earlier this year. "I believe that now is the right time to begin the process of identifying the next leader of the new Johnson Controls," Oliver said in a release. Johnson Controls' shares surged more than 9% on the news in premarket trading Wednesday. The company also announced, with Elliott's blessing, that it would appoint former Xylem CEO Patrick Decker to its board effective immediately. Elliott's stake in the HVAC giant was worth more than $1 billion earlier this year, according to a person familiar with the matter.
Persons: George Oliver, Johnson, Oliver, Patrick Decker, George, Elliott, Marc Steinberg, Steinberg, Elliott's Organizations: Johnson, Elliott Management, Johnson Controls, Bosch
WisdomTree CEO: crypto will be 'mainstream' in upcoming years
  + stars: | 2024-07-29 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWisdomTree CEO: crypto will be 'mainstream' in upcoming yearsJonothan Steinberg, WisdomTree founder and CEO joins 'Money Movers' to discuss the key trends of the asset management space and the future of 'tockenization.'
Persons: Jonothan Steinberg
Discover it Student Chrome Benefits and FeaturesOutside of the Cashback Match™ offer and 2% bonus categories, there are a few perks that help the Discover it® Student Chrome stand out from the regular Discover it® Chrome. Discover it Student Chrome Annual Fee and Other CostsThe Discover it® Student Chrome doesn't charge an annual fee or foreign transaction fees. What's the difference between the Discover it Student Cash Back and Discover it Student Chrome? Both the Discover it® Student Chrome and Discover it® Student Cash Back are meant for current college or university students. Opening a student credit card like the Discover it® Student Chrome can help you build a positive credit history and credit score.
Persons: you’ve, you've, Banks, you'll, it's, cardholders, Price Organizations: Business, Bank of America, Gas, Discover, Trust, Amazon, PayPal, Uber, Capital One Entertainment, Capital, Walmart, Target, Chrome, Finance Locations: Capital
Each airline earns and uses Avios differently, and this guide focuses on British Airways Avios unless specified otherwise. Earning AviosThere are many ways to earn British Airways Avios, which we'll explore in more depth below. Earn Avios from using a British Airways Avios credit cardBritish Airways Visa Signature® Card Apply now lock icon An icon in the shape of lock. Not the most rewarding card for non-British Airways purchases Insider’s Take If you like British Airways Avios points, the British Airways Visa Signature® Card has an excellent welcome bonus offer to consider. British Airways Avios frequently asked questionsCan I transfer Avios between accounts?
Persons: you'll, Here's, BA's, Cardholders, Avios, Read, it's, British Airways Avios Organizations: Business, British Airways, Aer Lingus, Read, U.S, Turkish for Star Alliance, British Airways Executive Club, Club, Qatar Airways, Oneworld, American Airlines, Qantas, Cathay, British, Aer, British Airways Visa, FDIC, American Express, Chase, Mastercard, Marriott, Southwest Airlines, D.C, you'll, Airlines, West Coast Locations: Iberia, Qatar, Europe, Aer Lingus, Finnair, Cathay Pacific, London, Aer, Iberia's, Chase, Avios, Marriott, New York, Los Angeles, U.S, gcmap.com, Miami, American, Caribbean, Central, Nassau, Bahamas, Belize, San Juan , Puerto Rico, SJU, Guatemala City, San Jose, Costa Rica, Cancun, Washington, Austin, Asia, JFK, Philadelphia, Amsterdam, East Coast, Madrid, Chevron
The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Bountiful™ Card. Marriott Bonvoy 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy. Marriott Bonvoy Bountiful™ CardIf you're interested in the Marriott Bonvoy Bevy™ American Express® Card, you should also consider its almost identical sibling: the Marriott Bonvoy Bountiful™ Card. Marriott Bonvoy Rewards frequently asked questionsHow can I earn Marriott Bonvoy points? Business Insider values Marriott points at 0.7 cents apiece on average, so 50,000 Marriott Bonvoy points are worth $350 by our valuations.
Persons: Marriott, Regis, you'll, I've, We've, they've, You'd, You've, Cardholders, it's, Amex, cardholders, Taylor Organizations: Business, Marriott, Read, Marriott Bonvoy Marriott, Ritz, Carlton, Starwood Hotels, Resorts, JW Marriott, Marriott Delta, Sheraton Gaylord Hotels Homes, Villas, Marriott International, Marriott Hotels, Resorts Marriott, Carlton Reserve, Ambassador, Marriott Bonvoy, JW Marriott Chicago, British Airways Executive Club, American Airlines, Korean, Alaska Airlines, Cathay, Cross, Unicef Marriott, American Express, Emirates, Hertz, Hertz Five Star, United Airlines, TSA, Global, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company, U.S, Chase, Amex, , Silver Locations: Bora Bora, Aspen, St, Regis, Villas, Maldives, Dubai, Greece, Chicago, Regis Beijing, Hong Kong, Cambridge, Delta, Asia, Cathay Pacific, Alaska, New York, Singapore, U.S, Marriott Bonvoy, Marriott
Capital One Spark Cash Plus† OverviewCapital One cards like the Capital One Spark Cash Plus† are particularly appealing for their simplicity. Capital One Spark Cash Plus† RewardsWelcome BonusThe Capital One Spark Cash Plus† has one of the highest welcome bonus offers of any small-business card, but it also has a huge minimum spending requirement. Capital One Spark Cash Plus† Benefits and FeaturesWhile Capital One is all about simplicity, there are several great benefits to the Capital One Spark Cash Plus† Card. Capital One Capital One Spark Cash Plus† Annual Fee and Other CostsThe Capital One Spark Cash Plus† has a $150 annual fee. Capital One Spark Cash Plus Card Frequently Asked QuestionsWhat credit score do you need for the Capital One Spark Cash Plus?
Persons: Miles, you'll, you've Organizations: Business, Capital, Venture, Cards, Business †, Social, Mastercard, Chevron
Jeff Bridges says that he's "feeling great now," three years after his cancer went into remission. He stars in the second season of "The Old Man" on FX, opposite John Lithgow. AdvertisementJeff Bridges is more than ready to go ahead with the season two premiere of his FX series "The Old Man," three years after he contracted COVID-19 while undergoing chemotherapy. Bridges appeared on Wednesday at the Television Critics Association summer press tour alongside his "Old Man" costar John Lithgow and executive producers Jonathan Steinberg, Dan Shotz, and Warren Littlefield. Bridges spoke about the show's upcoming second season and gave an update on his health.
Persons: Jeff Bridges, Bridges, COVID, John Lithgow, , Jonathan Steinberg, Dan Shotz, Warren Littlefield Organizations: Service, Television, Association, Business
Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in to do the job. The Zeta Economic Index, launched Monday, uses generative AI to analyze what its developers call "trillions of behavioral signals," largely focused on consumer activity, to score growth on both a broad level of health and a separate measure on stability. At its core, the index will gauge online and offline activity across eight categories, aiming to give a comprehensive look that incorporates standard economic data points such as unemployment and retail sales combined with high-frequency information for the AI age. "The algorithm is looking at traditional economic indicators that you would normally look at. But then inside of our proprietary algorithm, we're ingesting the behavioral data and transaction data of 240 million Americans, which nobody else has," said David Steinberg, co-founder, chairman and CEO of Zeta Global.
Persons: David Steinberg Organizations: Zeta Economic Index, Zeta
Netflix wants to be Disney when it grows up
  + stars: | 2024-06-24 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +6 min
The company will unveil its first Netflix House venues in 2025 at two US-based malls: King of Prussia and Galleria Dallas. "We've launched more than 50 experiences in 25 cities, and Netflix House represents the next generation of our distinctive offerings. At a 2019 conference, former Disney CEO Reed Hastings said that Netflix admired Disney. Advertisement"Think of Hollywood Studios," McCoy said, referring to the Walt Disney World theme park. Netflix House and then Netflix World?
Persons: , of Prussia, We've, Marian Lee, Joe Burbank, Reed Hastings, playbook, Steinberg, Ericka McCoy, there's, King of Prussia, McCoy, Matt Voda, Voda, it's Organizations: Service, Netflix, Galleria Dallas, Business, Walt Disney Company, Walt Disney, Orlando Sentinel, Tribune, Getty, Disney, Zeta Global, . Orlando Sentinel, Sears, Hollywood Studios, Hollywood Studios . Orlando Sentinel, OptiMine Locations: California, Magic, Florida, Lycoming Mall, Pennsylvania
Some of the biggest scandals in sports history have revolved around players and gambling. Pete Rose is barred for life from baseball, in an agreement stemming from admissions of gambling. These aren’t just hypothetical concerns: Jontay Porter, a center for the Toronto Raptors, was recently barred for life from the N.B.A. As the new baseball season was starting, federal prosecutors said the interpreter for the star pitcher Shohei Ohtani had stolen millions from Mr. Ohtani to pay off gambling debts to an illegal sports bookie. Major League Baseball is investigating Mr. Ohtani’s former teammate David Fletcher over allegations that he placed bets with the same bookie.
Persons: Pete Rose, Jontay Porter, Shohei Ohtani, Ohtani, Ohtani’s, David Fletcher Organizations: Black Sox, Toronto Raptors, Major League Baseball
The vow was unequivocal: The city of Philadelphia was finally going to root out the drug trade that has long monopolized the streets of Kensington. Antonio Alvarez, 58, surrounded by grandchildren on his porch, believed the drug market would go quiet, temporarily, and then return as it always had. Harris Steinberg, 57, standing at the counter of his auto parts shop, said that everything along Kensington Avenue — the tents, dealers and stray needles — was already moving to the neighborhood’s back streets. But, she said, she was stuck on a waiting list for a shelter bed. No one except the drug dealers said that they were happy with how things were in Kensington, one of the most sprawling areas of open drug use and dealing on the East Coast.
Persons: Antonio Alvarez, Harris Steinberg, Locations: Philadelphia, Kensington, Elizabeth, East
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZeta Global CEO David Steinberg talks AI in focus at Milken ConferenceHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: David Steinberg, Brian Sullivan, Organizations: Zeta Global, Milken, CNBC
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But amid the chaos, there was one solid thing in Partovi's life, one thing he knew he could always put in order: computer code. Related storiesNow, Partovi has reached the top echelon of seed investors, ranking 13th on Business Insider's Seed 100 list. 'Neo Scholars'Through his seed-stage fund Neo, Partovi has amassed a formidable portfolio of early-stage investments, including Ramp, Deel, Vanta, MosaicML, and many more. As these "Neo Scholars," as they're known, graduate or drop out to build startups, Neo backs them with money from its investment fund.
Persons: , Ali Partovi, Saddam Hussein, Partovi's, Hadi, Partovi, Facebook, Uber, There's Erik Goldman, Dropbox, Vanta, There's Ari Steinberg, who's Organizations: Service, Business, Boston University, Sharif University of Technology, Harvard, Microsoft, University, CS, Stanford, Facebook, Airbnb Locations: Tehran, Iran, Iraq, North America, Silicon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Future of Small Business: Innovating for Tomorrow with Futurist Scott SteinbergSince the start of the pandemic, small businesses have played a pivotal role in keeping the economy afloat, but the landscape has changed in unexpected ways. Futurist Scott Steinberg shares insight into trends, predictions for the road ahead, and strategies on how to future-proof your business and adapt to disruption to create a competitive advantage.
Persons: Scott Steinberg Organizations: Small
On top of that, she added that tech companies will give people in AI-related jobs bonuses for performance and plenty of equity compensation. About half of the people came from Big Tech companies. Gill said the new Kognitos hires who haven't come from Big Tech have jumped ship from other startups. Some AI talent are even striking it out on their own to start their own companies. He left his tech job to form an AI startup after seeing another large fundraise from another new AI company.
Persons: , Sam Altman, Altman, Mark Zuckerberg, Dan Portillo, Goldman Sachs, Jaclyn Rice Nelson, Nelson, that's, Claude chatbot that's, Binny Gill, Kognitos, Gill, he's, haven't, David Steinberg, Steinberg, AI's Nelson, There's, Greg Selker, Stanton Chase, Selker, hemming, hawing Organizations: Service, Business, Meta, Sweat Equity Ventures, OpenAI, Big Tech, Zeta Global Locations: Anthropic, ChatGPT
A man serving a life sentence for kidnapping and other crimes while in a Georgia prison built two bombs which he mailed to a District of Columbia office building and the federal courthouse and building in Anchorage, Alaska, prosecutors allege. The bomb that went to Washington, D.C., was mailed to the Bond Building, whose office tenants include the Department of Justice. "Protecting our personnel and facilities is a fundamental role of our office and of our law enforcement partners," said U.S. Attorney Jill Steinberg, whose office is prosecuting Cassady. Barry Paschal, a spokesman for the U.S. Attorney's Office, declined to comment when asked to explain the more than four-year lag between Cassady allegedly mailing the bombs, and being charged in the case. Paschal said he could not comment on details of the case beyond those contained in the indictment.
Persons: David Cassady, Cassady, Jill Steinberg, Barry Paschal, Paschal Organizations: Columbia, Washington , D.C, Bond, Department of Justice, U.S, Attorney's, DOJ Locations: Georgia, Anchorage , Alaska, Tattnall County, U.S, Statesboro , Georgia, Washington ,, United States, Anchorage
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