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☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund
▼ + stars: | 2024-11-05 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +10 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The rotational associates program lets new hires work for different teams in different roles so new employees can get a sense of where they fit best. Academics, doctors, and veteransThe end result is that driven people find their place in the firm, one way or another. Shaw Research, a computational drug discovery company led by Shaw, which put the hedge fund on their radar. Willenken, the doctor of philosophy, appreciated that his role included the parts of academia he enjoyed most without the siloed approach academic research roles typically require.

Persons: Shaw, —, Tim Willenken, hadn't, Gabrielle Wesley, I'd, D.E, David Shaw, Charles Ardai, Jeff Bezos, Jeremy Reff, Reff, Willenken, Don Quixote, Ana Díaz Rivero, Lindsay Temes's, Dr, Omar Ali, Lindsey Temes, Shaw Temes, Pat Tillman, Ali, Díaz Rivero Organizations: BI, Service, Mars, Amazon, Big Tech, Harvard, D.E, undergrad, Air Force, MIT, Pat Tillman Foundation, National Health Service, NHS, Shaw Research Locations: D.E, Mars Wrigley, America, New York, quants, Silicon Valley, Big

☆ Sean ‘Diddy’ Combs case: What the Jane Doe ruling could mean for the other already-filed cases
▼ + stars: | 2024-11-01 | by ( Kara Scannell | ) edition.cnn.com time to read: +6 min

But it isn’t always a deterrent – Combs’ former girlfriend Cassie Ventura filed a lawsuit accusing Combs of abuse last November. Judges weigh the John or Jane Does’ privacy rights against the Constitution’s presumption of open courts and the defendant’s rights to defend themselves. It is also usually permitted when a John or Jane Doe can establish with medical documentation that they will suffer harm. A New York state judge this week ordered hearings to consider whether to allow numerous John Doe lawsuit against Combs to proceed anonymously. A Jane Doe sued Weinstein on August 2020, alleging he raped her during the Cannes Film Festival in 2007 when she was 22.

Persons: Jane, Sean “ Diddy ” Combs, Combs, ”, Roberta Kaplan, Jean Carroll, Donald Trump, – Combs, Cassie Ventura, Imran Ansari, Harvey Weinstein, John, Jane Doe, John Doe, Doe, Jessica Clarke, —, ” Clarke, “, Mitchell Garabedian, they’ve, Judge Mary Kay Vyskocil, “ Plaintiff, Plaintiff, ” Tony Buzbee, Weinstein, ” Judge Vyskocil Organizations: CNN, Lawyers, Hollywood, MTV, ”, Cannes Film Locations: York, Tennessee

☆ Lost for centuries, Silk Road cities are revealed by drone technology
▼ + stars: | 2024-10-24 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +4 min

Traversed centuries ago by camel-back traders, two long-lost medieval cities that once thrived along the ancient Silk Road have been uncovered by drones sent searching for their secrets. This groundbreaking research in southeastern Uzbekistan could shift our understanding of the Silk Road, a vast network of trade routes that spanned from China to the Mediterranean. But the new research shows the Silk Road network was larger than previously predicted. Although many large urban centers have been discovered in Central Asia, the vast majority of archaeologically documented cities are in lowland riparian settings. The research indicates the two cities produced iron or steel to sell, as well as providing fuel for Silk Road travelers, with the region being surrounded by dense juniper forests.

Persons: Michael Frachetti, Louis, Farhod Maksudov, Frachetti, Tim Williams, ” Organizations: Washington University, Uzbekistan’s National Center of Archaeology, NBC News, University College London Locations: Central Asia, Uzbekistan, China, St, Tashbulak, England, Tugunbulak

☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ I married Jason Kelce. Fame changed how I parent but I refuse to let it affect my marriage.
▼ + stars: | 2024-06-21 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

We were very close, and today he's Uncle Tim to my three daughters. And I told her, "Well, Uncle Tim will say hi to you when Uncle Tim is ready." We haven't even really talked about Uncle Tim being different or that he processes the world differently. As public figures, Jason and I know there's talk about our marriage, but we don't give much thought to it. I don't really mind other people having opinions because I don't really think twice about it.

Persons: Kylie Kelce, Tim, Uncle Tim, he's, He's, Wyatt, Tim doesn't, that's, Jason, We're, Tim isn't, I've Organizations: Service, Business, Eagles Autism Foundation Locations: Philadelphia

Binance is finding 300,000 fake addresses every week, mainly on Ethereum and Bitcoin networks. AdvertisementAs crypto thieves find more creative ways to trick people, so do those trying to crack down on them. Binance, a major crypto exchange, told Business Insider that it has developed an algorithm to spot fake crypto addresses — used in so-called "address poisoning" scams. According to Binance, the company's algorithm is detecting some 300,000 fake addresses every week, mostly on Ethereum and Bitcoin networks. The FBI warns that services offering to return money to the victims of crypto scams might actually also be scams themselves.

Persons: —, it's, Binance Organizations: Service, Services, FBI

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Shohei Ohtani's ex-interpreter was really bad at sports betting, according to court documents
▼ + stars: | 2024-04-12 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Mizuhara, Ohtani's ex-interpreter, used the money to pay off a gambling debt, federal prosecutors alleged. The former interpreter had a net loss of $40.7 million, according to a federal complaint. Related storiesThe typical returns in sports betting would depend on the type of bets Mizuhara placed, Williams told Business Insider. AdvertisementProsecutors don't say what kind of bets Mizuhara was placing. Other forms of sports betting, including betting with offshore books or with unlicensed bookmakers, remain illegal, according to the association.

Persons: Ippei Mizuhara, Shohei Ohtani, Ohtani's, —, Ippei, Shoehei Ohtani's, ballplayer, Mizuhara, That's, Tim Williams, Williams, BetUS, Mathew Bowyer, Bowyer, Diane Bass, Goldman Sachs Organizations: Dodgers, Service, Business, Los Angeles Times, ESPN, American Gaming Association Locations: California

☆ The odds that Travis Kelce proposes to Taylor Swift post-Super Bowl are heavily against you. You can bet on it anyway.
▼ + stars: | 2024-02-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

"It's been pretty incredible," Tim Williams, director of public relations for BetUS told Business Insider. "This is the very first time we've seen any off-field prop bets challenge or even overtake the half-time show." Propositions, or prop bets unrelated to gameplay are largely prohibited in the US. At BetOnline, the site offers 89 wagers — a reference to Swift's "1989" album — solely around Swift and Travis Kelce. Nobody is getting rich off of these prop bets, however, according to Williams.

Persons: Taylor Swift, —, She's, Tim Williams, Williams, Taylor, Swift, Travis Kelce, Will Donald Trump, Will Kelce, BetOnline, BetUS, that'll Organizations: Super, NFL, American Gaming Association, Service, BetUS, Business, BI Locations: Costa Rica, Panama, BetOnline

☆ Analysis: At this general election in Pakistan, old dynasties vie for power and populist Imran Khan languishes in prison
▼ + stars: | 2024-02-07 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +13 min

That sets the stage for a difficult road to recovery for whoever wins in a nation where no democratically elected prime minister has ever completed a full term in office. Pakistan's former Prime Minister Imran Khan attends a lawyers' convention in Lahore on September 21, 2022. Veteran Sharif will face a strong challenge, however, from first-time candidate for Prime Minister, Bilawal Bhutto Zardari, 35, son of slain former leader Benazir Bhutto. Manahil Ahmed, 23, called Pakistan’s political environment “particularly hostile” right now. For Pakistan’s military and police forces, the last year was the bloodiest in a decade.

Persons: Imran Khan, –, Arif Ali, Nawaz Sharif, Sharif, Bilawal Bhutto Zardari, Benazir Bhutto, Khan –, Khan, Fareed Khan, ”, Rabiya Arooj, Khan’s, Bushra Bibi, Imran Khan's, Asad Zaidi, Pakistan’s, Farzana Shaikh, “, ’, Murtaza Solang, Maryam Nawaz Sharif, Mohsin Raza, he’s, Raja Ikram, Ameer Hamza, Manahil Ahmed, Shaikh, Hussain Nadim, Maurice R, Greenberg, ‘, Aamir Qureshi, Shoaib Tanveer, Baou Nadeem, ” Shaikh, Farooq Naeem, “ Sharif, He’s, Tim Willasey Organizations: Pakistan CNN —, Getty, PTI, World Bank, Pakistan, Bloomberg, The Royal Institute of International Affairs, CNN, for Research, Security Studies, Pakistan’s People’s Party, Pakistan Muslim League, Baloch Liberation Army, Yale University, Pakistan Army –, Workers, King’s College London Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Lahore, AFP, Karachi, “, Rawalpindi, Asia, Hafizabad, Khan’s, Khyber Pakhtunkhwa, India, Afghanistan, Iran, State Khorasan, restive Balochistan, Balochistan, Punjab, Sharif, States, China, British

☆ Telecom Italia gives green light to KKR's grid bid, sources say
▼ + stars: | 2023-11-05 | by ( Elvira Pollina | ) www.reuters.com time to read: +3 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The price tag can reach 22 billion euros when including some future payments were a long-awaited combination of TIM's grid with that of state-backed fibre optic rival Open Fiber materialise, the first two sources said. Italian infrastructure fund F2i is also preparing to take a stake in the grid to bring the holding in Italian hands to 30%-35%. With its 24% TIM stake, Vivendi has warned TIM's board it is ready to bring a legal challenge to the sale after criticising its approval process, documents seen by Reuters showed. ($1 = 0.9321 euros)Reporting by Elvira Pollina; Editing by Valentina ZaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Merlyn Advisors, Stefano Siragusa, Elvira Pollina, Valentina Za Organizations: Telecom Italia, REUTERS, Vivendi, Sunday, KKR, Reuters, TIM, Treasury, Thomson Locations: MILAN, London

☆ New Zealand's Williamson, Southee set to return against Bangladesh
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Oct 11 (Reuters) - New Zealand's regular skipper Kane Williamson could feature in the World Cup game against Bangladesh in Chennai having built up match fitness following his knee injury, head coach Gary Stead said on Wednesday. "He's had a great last five or six days, really ramped up the fielding aspect of things," Stead told reporters. "We've got two more trainings still to get through but at this stage, all things are looking good for Kane to return in this game. We still say that with an air of caution but we're really pleased with the way he has been coming on." Rachin Ravindra has impressed batting at number three in the absence of Williamson with an unbeaten 123 against England and 51 against the Dutch.

Persons: Kane Williamson, Gary Stead, Williamson, Stead, He's, Kane, We've, we're, Rachin Ravindra, Jimmy Neesham, Tim Southee, Tim, he's, Shrivathsa Sridhar, Peter Rutherford Organizations: Bangladesh, England, Thomson Locations: BENGALURU, Chennai, Netherlands, Bengaluru

☆ The wife of the doctor accused of driving his family off a cliff in a Tesla doesn't want him to be prosecuted. A domestic violence expert says this kind of behavior isn't uncommon.
▼ + stars: | 2023-02-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

The wife of a man accused to driving his family off a cliff in a Tesla doesn't want him prosecuted. A domestic violence expert told Insider this type of behavior in victims is not uncommon. Prosecutors handling the case are treating it like a domestic violence case, a local DA said. A domestic violence expert and the local district attorney handling the case told Insider on Tuesday this type of behavior in victims is not uncommon. San Mateo County District Attorney Steve Wagstaffe told Insider that his office is "viewing" the case as a domestic violence case.

A bomb threat case against the suspect in the Club Q shooting went nowhere last year because the relatives declined to testify, Colorado authorities said Thursday. “The only way that it [the bomb threat case] would have prevented the [Club Q] tragedy is if the witnesses actually were present at trial, testified and somebody was convicted," Allen told reporters. That day, Aldrich’s grandmother said they had been living in fear, according to the affidavit. "It would not have prevented the Club Q shooting." Two weapons were seized from Aldrich at the time of the bomb threat arrest, Allen said.

Labriola met Meloni's chief of staff Gaetano Caputi at the prime minister's office in Rome, the sources said, without providing further details. Under the potential deal, CDP, which owns a 10% stake in TIM, would merge TIM's infrastructure with that of smaller rival Open Fiber to create a national network champion under its control. Butti's appointment as cabinet undersecretary has sparked speculation over a potential bid, pushing TIM's shares to a two-month high on Wednesday. TIM's board is also expected to kick-off the process to select a minority partner for its enterprise service arm. It could use these to stop any deal for TIM's assets.

☆ TIM plunges to hit record lows after latest delay to network deal
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +3 min

Under a preliminary agreement sealed in May and sponsored by Italy's outgoing government, state lender CDP and TIM had aimed for a binding deal by the end of October but that deadline will now slip. read moreCDP's approach is part of a long-held plan to combine TIM's fixed network assets with those of state-backed rival Open Fiber to create a single national network operator under CDP control. TIM shares fell as much as 3.5% to hit a record low at 0.1743 euros. Divergences on valuations have complicated negotiations, with TIM's top investor Vivendi (VIV.PA) seeking 31 billion euros, some 10-15 billion above CDP's valuation, sources have said. The approach valued the venture at 6 billion euros, a price tag deemed inadequate by TIM, sources had previously said.

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