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☆ Iran ‘categorically denies’ UN envoy met Elon Musk
▼ + stars: | 2024-11-16 | by ( Mostafa Salem | ) edition.cnn.com time to read: +2 min

The New York Times reported the meeting took place earlier this week, citing two Iranian officials. But Iran’s foreign ministry spokesperson Esmaeil Baghaei “categorically denied” that a meeting took place and was “surprised” by the coverage in US media, state-run IRNA said. CNN has reached out to Musk, Trump’s transition team and the Iranian mission at the UN for confirmation of the meeting. Just last week, the day after the presidential election, Musk joined Trump’s call with Ukrainian President Volodymyr Zelensky, according to two sources. Trump announced Tuesday that Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration.

Persons: CNN —, Elon Musk, Donald Trump, Esmaeil Baghaei “, ”, IRNA, Amir Saeid Iravani, Musk, Volodymyr Zelensky, Trump, Zelensky, Vivek Ramaswamy, Government ”, –, Republicans – Organizations: CNN, United Nations, Elon, The New York Times, The Times, UN, Trump, “ Department, Government, NASA, Republicans Locations: Iranian, New York, Starlink, Ukraine, Russia, Government

Liberty Media announced Wednesday that it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. After the split, Liberty Media will hold Formula One, which Liberty acquired in 2016 and later spun out as a tracking stock, and MotoGP, upon the closing of that transaction. The Liberty Media and Liberty Live split is expected to be completed in the second half of 2025, and the sale of Liberty Broadband to Charter is projected to be completed in mid-2027. "Following today's announcements at Liberty Media and Liberty Broadband, all the Liberty acquisitions completed during my tenure are now in structures where shareholders can have more direct ownership in their upside," Maffei said in a separate release. He's chairman of the board of Liberty Media, Liberty Broadband and Liberty Global.

Persons: Greg Maffei, John Malone, Malone, Chris Marangi, it's, It's, Quint, Maffei, He's, Discovery — Organizations: Liberty Media, Formula, Liberty, Liberty Media . Liberty, Gabelli, MotoGP, Live Nation Entertainment, Communications, Liberty Broadband, Liberty Live Group, Charter, Warner Bros, Discovery, Liberty Global, TCI, AT Locations: Manhattan, Liberty

☆ Trump's Pentagon pick criticized US involvement in Ukraine, said Putin probably wouldn't go 'much further' if he wins
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump has chosen Pete Hegseth as his defense secretary at a key point in the war in Ukraine. The military veteran and Fox News commentator has mostly aligned with Trump on Ukraine. The choice of Hegseth raised questions about the US approach to the war in Ukraine under a second Trump administration. In an episode of the "Shawn Ryan Show" podcast last week, recorded before Trump's announcement, Hegseth contemplated a scenario where Putin wins in Ukraine. Vance has previously criticized US support for Ukraine, and said: "I don't really care what happens to Ukraine one way or another."

Persons: Donald Trump, Pete Hegseth, Trump, Shawn Ryan, Hegseth, Putin, Joe Biden's, Lloyd Austin, Ukraine Hegseth, Jesse Watters, Joe Biden, NATO Hegseth, Michael Waltz, JD Vance, Marco Rubio, Vance, Alexander Libman, Libman, Anton Barbashin Organizations: Fox, Trump, Fox News, Putin, NATO, Kyiv, Reuters, State, Ukraine, Free University of Berlin, Riddle Russia Locations: Ukraine, Europe, Poland, Afghanistan, Iraq, Hegseth, Ukrainian, Donetsk, Luhansk, Soviet Union, Eastern Europe

☆ ‘Death by a thousand cuts’: How experts warn Trump could use an authoritarian playbook to go after the media
▼ + stars: | 2024-11-08 | by ( Hadas Gold | ) edition.cnn.com time to read: +8 min

Trump has praised the leaders of many of these nations, especially Hungary’s far-right prime minister Viktor Orbán. Those angles include attacking journalists, discrediting their reporting, applying pressure on media owners to induce self-censorship, launching legal challenges, and leveraging wealthy allies to buy up media outlets to turn them into government mouthpieces. Those outlets were then centralized into the powerful media conglomerate, the Central European Press and Media Foundation (KESMA). That hub now controls roughly 500 outlets, Wójcik said, “consolidating the majority of pro-government media under a single entity.”The few remaining independent media outlets that continue to operate in the country “face challenges, including legal obstacles and broadcast license denials,” Wójcik said. Kamenchuk also expressed optimism that the “levers and limits” on the executive branch enshrined in US law will work to protect the free press.

Persons: Donald Trump, Trump, Sharon Moshavi, “ It’s, ’, Viktor Orbán, “, Moshavi, ” Moshavi, Olga Kamenchuk, Kamala Harris, Harris, ” Kamenchuk, ” Anne Applebaum, ” Applebaum, who’s, Orbán’s, Anna Wójcik, Orbán, Wójcik, ” Wójcik, Mikhail Zygar, Der Spiegel, Vladimir Putin, ” “ Putin, ”, Putin, A.G . Sulzberger, ” Sulzberger, Applebaum, it’s, Kamenchuk Organizations: New, New York CNN, International Center for Journalists, Northwestern University, The Washington Post, Los Angeles Times, Kozminski University, “, Central European Press and Media Foundation, “ Journalists, CBS, New York Times Locations: New York, Europe, United States, Russia, Hungary, India, Poland, Washington, authoritarians, Russian

☆ Analysis: Donald Trump’s campaign of relentless lying
▼ + stars: | 2024-11-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Washington CNN —The United States that Donald Trump describes in his rally speeches would be pretty bad if it actually existed. For the third consecutive presidential election, the Republican presidential nominee is running a relentlessly dishonest campaign for the world’s most powerful office. President Joe Biden, Trump’s initial opponent in this election, and Harris, Trump’s current opponent, certainly don’t. Nine years into Trump’s political career, daily fact-checking still isn’t happening enough. No matter what CNN writes, no matter how many “Pinocchios” The Washington Post awards him, he knows that far more of his supporters will hear the uncorrected false claim – through social media, pro-Trump media outlets and, yes, even many mainstream media outlets – than hear the truth.

Persons: Donald Trump, Trump, “ Donald Trump, ”, Timothy Naftali, Richard Nixon, –, “ He’s, ” Naftali, Kamala Harris, Harris, Hillary Clinton, Vladimir Putin, Harris ’, Putin, There’s, Oprah, Joe Biden, Trump’s, Biden, I’ve, doesn’t, “ Organizations: Washington CNN, Republican, CNN, Columbia University, Federal Emergency Management, Democratic, Trump, Democrat, Washington Post Locations: United States, an Ohio, Congo, Iraq, Ukraine, Michigan

☆ China has a lot at stake in the US election. So why aren’t they rooting for a winner?
▼ + stars: | 2024-10-31 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

“(It) doesn’t matter who it is (that wins),” one social media user wrote in a popular comment on China’s X-like platform Weibo. “There’s no perfect system, but at least they allow people to question them,” one social media user said on Weibo. Both Harris and Trump have been hot topics on Chinese social media platforms. Harris appeared to be relatively unknown to Chinese social media users prior to becoming the Democratic candidate after Biden’s July withdrawal from the race. But Trump is still seen in Beijing’s policy circles as likely to drive a more fractious relationship with China than Harris would.

Persons: Li Shuo, Kamala Harris, Donald Trump, Trump’s, Joe Biden, Xi Jinping, Brendan Smialowski, hashtag, ”, China’s, “, Harris, Trump, Chuan, “ Trump, can’t, Wu Xinbo, ” Wu, Shi Yinhong, Biden, Vladimir Putin, Wu, Gan Organizations: Hong Kong CNN, CNN, Huawei, Biden, Economic Cooperation, Getty, China Daily, Xinhua, Weibo, American, Communist Party, Democratic, Washington, Center for American Studies, Shanghai’s Fudan University, Renmin University Locations: China, Hong Kong, Beijing, Taiwan, Asia, California, AFP, Weibo, Liberty, United States, US, Europe, Ukraine –, Russia, Shanghai

☆ The election-betting market has exploded in popularity this presidential cycle
▼ + stars: | 2024-10-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Betting markets are booming ahead of the US Presidential election. Kalshi has attracted $100M in election bets this month and is the top free finance app in Apple's app store. Robinhood is getting in on the action, announcing its own election betting platform on Monday. Earlier this month, a US federal appeals court cleared Kalshi to open its election betting platform for US citizens. Interactive Brokers also launched a slew of election betting contracts earlier this month following the court decision to allow Kalshi to operate.

Persons: Kalshi, —, we're gunning, Tarek Mansour, it's, Donald Trump, Mansour, TikTok Organizations: Service, Apple, PayPal, CNBC, Interactive, Kalshi

☆ 10 US cities with the lowest cost of living, where things from buying a home to a grocery run are relatively affordable
▼ + stars: | 2024-10-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

Realtor.com identified the top 10 places in the US with the lowest cost of living. Small cities in the South and Midwest dominate the list, with a Texas city taking the top spot. While the cost of living varies widely from state to state and city to city, several spots across the US can offer residents a comfortable standard of living with prices that don't break the bank. "Home prices in these areas were $100,000 or more below the national median in September," Hannah Jones, senior economic research analyst at Realtor.com, said in the report. Below are the 10 US cities with the lowest cost of living.

Persons: Realtor.com, —, Hannah Jones Organizations: Service, Realtor.com Locations: South, Midwest, Texas, United States, Ohio

☆ Down payments are plunging in 10 places, giving homebuyers another affordability win
▼ + stars: | 2024-10-24 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

The trajectory of mortgage rates may help determine what happens to down payments. Borrowing costs, savings rates sway down paymentsAny analysis of down payments that doesn't mention mortgage rates would be incomplete. The 30-year fixed mortgage rate hit a two-decade high of 7.8% last October and has steadily fallen for most of the last 12 months. AdvertisementBut there's a less rosy explanation for lower down payments: buyers can't afford to pay more. The personal savings rate in the US was 4.8% in August, according to Realtor.com, which was up from the inflation-stretched low of 2% in June 2022.

Persons: —, Hannah Jones, Buyers, Jones Organizations: Service, homebuyers, Federal Locations: Texas, Florida, Montana, Washington

☆ Trump ignites spat with US ally, accusing UK’s governing party of election interference
▼ + stars: | 2024-10-23 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

But the Trump campaign did not present any new evidence that rules were broken. Labour, and the party’s Prime Minister Keir Starmer, quickly denied that the party funded the trips, insisting the campaigners traveled in a personal capacity at their own expense. But the Trump campaign elevated the dispute in heightened language on Wednesday. Trump has frequently attempted to deflect allegations that he has benefited from foreign electoral interference from countries including Russia. Starmer’s center-left Labour Party swept to power in Britain in a July general election, and has long held an informal but friendly relationship with the Democratic Party.

Persons: London CNN — Donald Trump’s, Kamala Harris ’, Washington’s, Harris, Trump, Keir Starmer, Starmer, “, they’re, Susie Wiles, ”, Kamala’s, ” Trump, Sofia Patel, Walz, Liz Truss, Joe Biden, ” Joe Biden, ” Starmer Organizations: London CNN, Federal, Commission, UK’s Labour Party, Labour Party, Labour, party’s, FEC, Trump, Labour Party staff, CNN, Democratic National Convention, DNC, Labour Party –, Trump . Former British, Democratic Party, United Nations General Assembly Locations: North Carolina , Nevada , Pennsylvania, Virginia, North Carolina, –, Russia, Starmer’s, Britain, New York

☆ Sinwar’s killing again raises hopes in Washington for an end to Israel’s war
▼ + stars: | 2024-10-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —President Joe Biden envisioned a “day after” for Gaza without Hamas in power following Israel’s killing of Hamas leader Yahya Sinwar. This is only half the story, since at times, US officials have suggested Netanyahu had interests in prolonging the war as well. The White House believes that ending the war in Gaza is a precondition for lessening the chances of a disastrous regional war that it dreads. Is really his object to release … Israeli hostages still held in Gaza? If he keeps his word, some analysts will interpret his restraint, such as it is, as an attempt to avoid alienating the possible next president, Harris.

Persons: Joe Biden, Yahya Sinwar, Kamala Harris, Sinwar, Hassan Nasrallah, —, Biden, Benjamin Netanyahu, Biden administration’s, Netanyahu, ’, Israel, ”, Firas Maksad, Jessica Dean, CNN Max, CNN’s Kayla Tausche, Sean Gallup, he’s, Harris, Donald Trump, ” Harris ’, Trump, Bill Organizations: CNN, “, UN, Middle East Institute, Brandenburg, Airport, Getty, White, Democratic, Jewish, Palestinian Youth Movement, U.S . Palestinian Community Network, Anadolu, Trump, White House Locations: ”, Gaza, Israel, ’, United States, Washington, Lebanon, Berlin, Schoenefeld, Germany, Europe, Michigan, Wisconsin, U.S, Detroit, Anadolu

☆ 18 cities with reasonably priced homes that will be million-dollar markets in the next decade
▼ + stars: | 2024-10-15 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Home prices have soared in the last decade, so buyers get less for their money than they once did. Here are 18 markets with reasonably priced homes that are set for strong price growth. In fact, in some of the nation's competitive markets, $1 million is nothing more than the price of admission to home ownership. Below are 18 cities with homes that cost $633,150 or less in Q2 that are set to be million-dollar markets by the end of 2035, sorted by which will reach the $1 million threshold the fastest. Along with each reasonably priced real-estate market is its median home price and projections for the years ahead, as well as the home price growth rate from 2014 to 2024 that it's based on.

Persons: —, Zoocasa's Mackenzie Scibetta, Scibetta Organizations: Service, National Association of Realtors, Golden State, Business Locations: California, Los Angeles, San Francisco, Golden, San Jose, San Francisco's Bay

☆ Customers noticed Whole Foods skimped out on its Berry Chantilly Cake. It quickly changed course
▼ + stars: | 2024-10-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Fans of Whole Foods’ iconic Berry Chantilly Cake have been up in arms on social media over the past few weeks. Berry Chantilly fans say they were victims of skimpflation, a member of the shrinkflation and inflation family. Whole Foods customers were quick to catch on, and by Friday, the company announced it had reversed its changes. “Based on feedback from our customers, we will reintroduce single slices of the Berry Chantilly Cake that are the same as the classic our customers know and love,” a Whole Foods spokesperson told CNN on Friday. The cake slices will be back to their previous version by next week, the company said.

Persons: Berry, It’s, ”, Berry Chantilly, they’re, “, ” Joseph Balagtas, Edgar Dworsky, ” Dworsky, Dworsky, Blommer, Balagtas, ” Balagtas Organizations: New, New York CNN, Foods, Purdue University, CNN, Louis Federal Reserve, Consumer, “ Manufacturers, St, Reuters, Companies Locations: New York, West Africa, North America

☆ Audacy completes its financial restructuring and now plans to go private
▼ + stars: | 2024-09-30 | by ( Liam Reilly | ) edition.cnn.com time to read: +7 min

CNN —Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million. The radio giant had filed when it disclosed it was entering a restructuring agreement to reduce debt. Audacy is the second largest radio company in the United States behind iHeartMedia and ahead of Cumulus. Audacy, an internet radio conglomerate, operates hundreds of music, news and sports radio stations. The company, founded in 1968 as Entercom Communications, merged with CBS Radio in 2017, before rebranding as Audacy in 2021.

Persons: David Field, Audacy, ”, strongmen Soros, Soros, Rupert Murdoch, ” Soros, Ajit Pai, Donald Trump, George Soros, Chip Roy, ” Roy, Sen, Ted Cruz, Jessica Rosenworcel, Elon Musk’s, ” “ Soros, “ George soros, ” It’s Organizations: CNN — Radio, “, Bloomberg, Fund Management, FCC, Soros Fund Management, Soros, Democratic, Open Society, New York Post, Cumulus Media, iHeartMedia, Cumulus, CNN, Republican, Rothschilds, fcc, Entercom Communications, CBS Radio Locations: Philadelphia, Hungarian, United States, Texas, U.S

☆ Threads joins X in blocking posts to apparently leaked documents about JD Vance
▼ + stars: | 2024-09-27 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Threads is blocking links to an article that may contain links to leaked documents about JD Vance. AdvertisementThreads is following X's lead, blocking links to purportedly leaked documents about vice presidential candidate JD Vance. Meta says the links could come from hacked or leaked sources — and it's blocking them because of the potential connection. ThreadsThreads is now blocking links to the post, too. Threads posts that contain a link to Klippenstein's Substack article aren't being removed, but the link isn't clickable.

Persons: JD Vance, X, —, Meta, Trump, Ken Klippenstein, Klippenstein, Hunter Biden, Elon Musk, Mark Zuckerberg, Sen, Jim Jordan Organizations: Meta, Service, FBI, Independent Locations: Iran

☆ The Olivia Nuzzi-RFK Jr. story is still spinning out — and New York mag staffers have questions
▼ + stars: | 2024-09-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

As news of the Olivia Nuzzi-RFK Jr. scandal tore through media and government circles over the past week, with increasingly titillating details emerging, those inside the New York magazine fold began to wonder about their own fallout. In a note to readers, New York called it a "violation of the magazine's standards around conflicts of interest and disclosures." Nuzzi said in a statement to The New York Times that the relationship wasn't physical. She is currently on leave from the magazine, and the magazine is conducting a more thorough third-party review. AdvertisementNew York mag didn't say who was conducting the third-party review or what additional information it hoped to learn from it.

Persons: Olivia Nuzzi, she'd, Robert F, Kennedy Jr, Oliver Darcy, Kennedy, Nuzzi, Donald Trump, Kennedy didn't, wasn't, David Haskell, Vox, Brian Leung, Haskell, Haskell —, EIC Adam Moss, Tirhakah Love, Love, Corey Lewandowski's, Trump Organizations: Service, RFK Jr, New York, Washington, New York Times, Business, Media, Employees, Staff, Trump, Vox Media, Hollywood, Penske Media Locations: New York, Israel, , New York

☆ Iranian hackers sent stolen Trump campaign information to Biden campaign
▼ + stars: | 2024-09-18 | by ( Hannah Rabinowitz | Evan Perez | ) edition.cnn.com time to read: +3 min

CNN —Iranian hackers sent unsolicited information they stole from Donald Trump’s presidential campaign to people who were affiliated with Joe Biden’s campaign over the summer, federal law enforcement officials said Wednesday. The law enforcement statement Wednesday said that the hackers’ efforts to send information to US media outlets have continued. Law enforcement officials have previously said that those efforts also included an unsuccessful attempt to hack the Biden-Harris campaign. The Iranian hackers did breach the email account of longtime Trump ally Roger Stone to target campaign staff in June, CNN has reported. Investigators believe the suspected Iranian hackers breached Stone’s account and then used that email account to try to break into the account of a senior Trump campaign official as part of a persistent effort to access campaign networks.

Persons: Donald Trump’s, Joe Biden’s, “, Biden’s, Trump’s, Kamala Harris ’, ”, Biden, Morgan Finkelstein, Harris, “ We’re, Ohio Sen, JD Vance, Vance, Roger Stone, CNN’s Kaitlan Collins Organizations: CNN, National Intelligence, FBI, Infrastructure Security Agency, Trump, Politico, The New York Times, Washington Post, Islamic Revolutionary Guard Corps, Investigators Locations: stoke

CNN has attempted to reach BAC through the website that Gold Apollo gave to reporters. Later, the company told Gold Apollo it wished to make its own pagers and asked for the right to use its brand, he added. Taipei has no record of Gold Apollo pagers being shipped to Lebanon, the ministry said in a statement, adding it will continue to investigate. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18. Hsu founded Gold Apollo with 100 million New Taiwan dollars ($3.1 million) in capital in 1995, according to Taiwan’s corporate registry.

Persons: Hsu Ching, kuang, ” Hsu, “ I’ve, Apollo’s pagers, Hsu, Johnson Lai, Gold Apollo, Gold, ”, Yan Zhao, Hassan Nasrallah, pagers Organizations: New, Hong Kong CNN, New York Times, CNN, Consulting, BAC, Taiwan’s Ministry of Economic Affairs, Getty, Taiwan’s Commonwealth Magazine, FBI Locations: New Taipei City, Hong Kong, Lebanon, Israel, Taiwan, Europe, Budapest, United States, Australia, Taipei, AFP, Iran

☆ Microsoft says Russian operatives are ramping up attacks on Harris campaign with fake videos
▼ + stars: | 2024-09-17 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Microsoft said Tuesday that Russian operatives have in recent weeks intensified their online attacks on Vice President Kamala Harris’ campaign by producing and disseminating videos promoting “outlandish conspiracy theories” aimed at stoking US racial and political divisions. One of the inauthentic videos, which Microsoft said had been viewed millions of times, claimed to show Harris supporters attacking an attendee of a Donald Trump rally. Russian operatives promoted the latter story through a website pretending to be a local San Francisco media outlet, Microsoft researchers said. CNN has requested comment on the Microsoft report from the Harris-Walz campaign and from the Russian Embassy in Washington, DC. Tehran has conducted a covert social media activity in an effort to undercut Trump’s candidacy, US officials have said.

Persons: Kamala Harris ’, Harris, Donald Trump, denigrate, ”, haven’t, Joe Biden, Hillary Clinton, Walz, ‘, Biden, “, ” Clint Watts Organizations: CNN, Microsoft, Russian, Ukraine, National Intelligence, Russian Embassy, Democratic, The, Department, Justice Department, Tenet Media, Monday, Trump, FBI Locations: San Francisco, Russia, Moscow, Russian, Washington , DC, Iran, Tehran

☆ Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
▼ + stars: | 2024-09-17 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The West is still taking in billions worth of Russian oil products, a new think tank analysis shows. AdvertisementRussia is still passing off billions of dollars worth of oil products to the West — a sign that the West is still struggling to throttle Moscow's war revenue with strict sanctions. CREA data shows that Russia sold $1.3 billion worth of oil to three Turkish refineries in the first half of the year. G7+ nations, meanwhile, purchased around $2 billion of oil products of Russian origin from Turkish refiners, the think tank estimated. Turkey is the last-remaining "short-haul market" for Russian oil sent from its western ports, taking in around 210,000 barrels of Russian crude a day the last month, the outlet reported.

Persons: —, It's, crimp Organizations: Service, Centre for Research, Energy, Clean, Argus Media, Bloomberg Locations: Russia, Turkey, West, Turkish, Ukraine, ., New York

☆ Harris can chart her own path with the top regulators — and Big Business hopes she's on their side
▼ + stars: | 2024-09-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Chris Larsen, the billionaire founder of blockchain payments company Ripple who is among the execs to endorse Harris, told Business Insider he wants her to make different appointments if she wins. "The way that they have already been interacting with business leaders is a compelling indication of where things could go in the future," Levie told Business Insider. Kovacic previously told Business Insider that Harris' relationship to economic progressives like Warren remains unclear. "It's not as though they think she will simply be an agent of Big Tech," he previously told Business Insider. "In the next four years, we'll be dealing with major policy subjects that relate to the next many decades of innovation," he told Business Insider.

Persons: —, Joe Biden, hamstrung, he'd, Sen, Elizabeth Warren of, Biden, Warren, Warren's, Lina Khan, Gary Gensler, Kamala Harris, Khan, William Kovacic, That's, Harris, Adam Kovacevich, Elizabeth Warren, Kovacevich, Kamala Harris doesn't, Politico, winced, Aaron Levie, Arati Prabhakar, Chris Larsen, Larsen, Catalini, Gensler, Dallas Mavericks Mark Cuban, Levie, Kovacic, Obama, Douglas Farrar, we'll Organizations: Service, White, Democratic, Business, Federal Trade Commission, Securities, Exchange, George Washington University, of, Consumers Bank Association, Science, Technology, Bloomberg, MIT Cryptoeconomics, SEC, Dallas Mavericks, FTC, Democratic Party, Warren, Biden, Big Tech, Harris Locations: Elizabeth Warren of Massachusetts, Biden's, Harris, California, Gensler

☆ Russia's oil revenue has plunged as global crude prices tumble
▼ + stars: | 2024-09-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Russia's oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending September 8, per data cited by Bloomberg. AdvertisementRussia's oil business has taken a hit, with the nation's crude revenue dropping to its lowest levels in seven months, according to Argus Media data cited by Bloomberg. Urals crude, Russia's flagship oil blend, has edged lower to $67.61 a barrel, down around 20% from its peak in the spring of this year. Russia is set to make even steeper oil production cuts later in 2024, as part of OPEC's goal to boost crude prices.

Persons: —, Russia's Organizations: Bloomberg, Service, Argus Media, Russia's Energy Ministry Locations: Moscow, Russia, Hungary, Asia

☆ Pro-Trump influencers are rushing to explain after the DOJ said their work was funded by Russia
▼ + stars: | 2024-09-06 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

Major pro-Trump influencers worked for a company the DOJ alleges was funded by Russia. Prosecutors say Tenet Media got nearly $10 million from Russia to spread its message in the US. AdvertisementAfter the Department of Justice accused a US media company of being bankrolled by Russia, several conservative influencers who've worked for the company denied any knowledge of Russian involvement. In an indictment this week, the DOJ said an unnamed Tenessee firm took almost $10 million from the Russian state media company RT. The aim, according to the DOJ, was to "create and distribute content to US audiences with hidden Russian government messaging."

Persons: Trump influencers, — Benny Johnson, Tim Pool, —, influencers who've Organizations: DOJ, Russia, Prosecutors, Media, Service, Department of Justice, Business Locations: Russia

☆ Rising NFL valuations mean massive returns for owners. Here's how good the investment is
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +7 min

watch nowA National Football League team today is a $6.5 billion business. That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Across the past 10 NFL teams to be sold, seven of the 10 outperform the S&P 500 on a percentage-gained basis in the period since the sale. Rising valuationsThe escalation in football team values is largely the result of the league's massive and growing media deals. The typical NFL team has an EBITDA margin of 19%.

Persons: Robert McNair, That's, Peacock, Taylor Swift, Allen J, Tampa Bay's Raymond James, Ryan Flournoy, Matt Hankins, Ron Jenkins, Rob Walton, Josh Harris, Jerry Jones, Jones Organizations: National Football League, Pro, Houston Texans, NFL, Texans, Super, Washington, Denver Broncos —, Miami Dolphins, Comcast, Disney, Paramount, Fox, YouTube, NFL Sunday, Amazon Prime, Thursday, Netflix, CNBC, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Kansas City Chiefs, Los Angeles Times, Getty, Tampa, New England's Gillette, Lincoln Financial, Dolphins, Dallas Cowboys, Los Angeles Chargers, T, Denver Broncos, Tampa Bay Buccaneers, Cowboys, The Cowboys, Dallas Locations: U.S, Chicago, Green Bay ; Wisconsin, Buffalo , New York, New York, Los Angeles, Inglewood , California, Arlington , Texas

☆ Steph Curry says he wants to be an NBA owner in the future
▼ + stars: | 2024-09-03 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC's "Squawk on the Street" on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unanimous Media, and a youth golf tour, Underrated, among other ventures. He told CNBC he is also interested in NBA team ownership one day. That contract will expire when Curry is 39 — and the guard who led the U.S. men's basketball team to an Olympic gold medal in Paris last month said he still has a lot of NBA basketball ahead of him.

Persons: Steph Curry, Curry, that's Organizations: Unanimous Media, CNBC, NBA, Golden State Warriors, U.S Locations: Paris

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