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☆ Insider Today: Uncle Elon vs. Uncle Sam
▼ + stars: | 2024-11-17 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

He talked to Business Insider about facing the "vacuum of death" in just a spacesuit. On the agenda today:Related VideoBut first: The world's richest man takes on the world's biggest government budget. Walking the DOGEXAOC/Getty, The Washington Post/Getty, t_kimura/Getty, Tyler Le/BIElon Musk made his name and fortune disrupting antiquated industries. AdvertisementBI secured access to an internal Tesla pay database, revealing the company's high-risk, high-reward system. The pay structure is ultimately part of CEO Elon Musk's quest to hire the most "hardcore" employees.

Persons: Jared Isaacman, XAOC, Tyler Le, Elon Musk, he's, Musk, Tesla, Reagan, Clinton, Jordan Strauss, Rebecca Zisser, Elon, Robot, Anna Kim, Getty, Michael Ostuni, —, Fiona Carter, Natalie Ammari, Sylvia Yeh, Goldman Sachs Organizations: Business, SpaceX, The Washington Post, Elon, of Government Efficiency, Twitter, Big Government, Big Tech, Tesla, Forward Press, Goldman, Corporate America

But Putin is not the only foreign leader Trump is talking to. And it is hardly unusual for a presidential nominee to begin holding some talks with foreign leaders. After the first attempt to assassinate Trump, in July, foreign leaders quickly moved to offer him their well-wishes. Trump has hosted Netanyahu and his wife, Sara, Hungarian Prime Minister Viktor Orbán, former Japanese Prime Minister Taro Aso and former British Prime Minister David Cameron when he was the U.K.’s foreign secretary. Katulis was referring to the trove of classified documents Trump kept from his time in office that have become the subject of a criminal case, many of them about his communications with foreign leaders.

Persons: WASHINGTON —, Donald Trump, Vladimir Putin —, Trump, —, Putin, Xi Jinping, ”, Russia —, Evan Gershkovich, Biden, Bob Woodward’s, ” Trump, Keir Starmer, Volodymyr Zelenskyy, Saudi Crown Prince Mohammed bin Salman, Benjamin Netanyahu, Melania Trump, King Charles “, Mahmoud Abbas, Andrzej Duda, Duda, Netanyahu, Sara, Viktor Orbán, Taro Aso, David Cameron, Trump’s, Daniel Fried, Bill Clinton, George W, Bush, Barack Obama, I’ve, ” Fried, ” Keith Kellogg, Fried, “, ” He's, Brian Katulis, Katulis, ” Said, Woodward, “ Biden, ‘, ’ ” Trump, ’, Karoline Leavitt, Steven Cheung Organizations: WASHINGTON, White, Trump, Democratic Party, Street Journal, British, Saudi Crown, Israeli, ”, Republican National Convention, Palestinian, Ukraine, U.S, Republicans, Middle East Institute, ’ Locations: Manhattan, Palm Beach , Florida, Israel, Ukraine, Russia, American, Russian, Iran, New York, Hungarian, U.S, Poland, Clinton, today’s America, North Korea

☆ Kremlin reportedly confirms Trump sent Putin Covid test machines, denies Putin phone calls since he left office
▼ + stars: | 2024-10-09 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +2 min

Former President Donald Trump did send coronavirus testing devices to Russian President Vladimir Putin at the height of the pandemic, the Kremlin confirmed Wednesday. The book claims that Trump secretly sent Abbott Covid-19 testing devices to Putin when the machines were in short supply. Peskov also denied Woodward's claim that Trump and Putin have spoken on the telephone several times since Trump left office. Trump has repeatedly said he could settle the war between Russia and Ukraine in one day if he’s elected president again. Trump has referred to Putin as “very savvy” and a “strong man,” and praised Russia’s invasion of Ukraine as “genius.”

Persons: Donald Trump, Vladimir Putin, Dmitry Peskov, Bob Woodward, Joe Biden’s, Trump, Abbott Covid, Putin, Peskov, “, ”, Jonathan Karl, he’s, ” Trump, Woodward, Trump's, United Nations Vassily Nebenzia, Volodymyr Zelenskyy, Jason Miller Organizations: Kremlin, Bloomberg News, Washington Post, Trump, NBC News, RBC, ABC News, Bloomberg, United Nations, Republican, ., Putin Locations: Russian, “, Ukraine, Russia

☆ Analysis: Joe Biden swears a lot and Trump did a favor for Putin, according to Bob Woodward
▼ + stars: | 2024-10-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Trump on PutinIn public, Trump has said he got along well with Russian President Vladimir Putin and that Putin deferred to him after Trump warned Putin not to invade Ukraine. Then-President Donald Trump and Russia President Vladimir Putin arrive for a meeting in Helsinki on July 16, 2018. “No, no,” Putin said, according to Woodward’s book. Biden and Harris on NetanyahuThe Biden administration has tried to maintain its support for Israel while also diplomatically expressing frustration with Israel’s leader, Prime Minister Benjamin Netanyahu. “And the answer to that question is yes.”Lots of f-bombsThe unvarnished view at the White House includes more curse words, according to the Woodward book.

Persons: Joe Biden, Barack Obama, Biden, Bob Woodward –, CNN’s Jamie Gangel, Jeremy Herb, Elizabeth Stuart, Merrick Garland, Woodward, that’s, Trump, Vladimir Putin, Putin, Elon Musk, ‘, Vladimir, “, Donald Trump, Brendan Smialowski, ” Putin, ” Woodward, Trump’s, Harris, Netanyahu, Benjamin Netanyahu, Kamala Harris, ” Harris, ” Biden, Elizabeth Frantz, George W, Bush, Volodymyr Zelensky, Obama, ” Organizations: CNN, Affordable, Trump, Putin, Russia, Getty, Israel, CBS News, White, Israeli, intel, United Nations, Ukrainian Locations: Saudi, Ukraine, Helsinki, AFP, Beirut, Woodward, Washington , DC, Afghanistan, Iraq, Munich, Crimea

Jon-Adrian Velazquez spent close to 27 years caught in the criminal justice system — nearly all of it behind bars in New York's Sing Sing prison, convicted of a murder he insisted he did not commit. Andrew Cuomo granted Velazquez executive clemency, citing his work in Sing Sing on an educational initiative by those incarcerated to combat gun violence, and he was freed after serving almost 24 years of a 25-year-to-life sentence. The results determined Velazquez's DNA was not on the key evidence. Since his release from prison, Velazquez has used his experience to become an advocate for criminal legal reform and even played himself in the 2023 drama "Sing Sing," based on an actual Rehabilitation Through the Arts program at the prison. The podcast "Letters from Sing Sing" was a finalist for a 2024 Pulitzer Prize in audio reporting and Slepian's book about the case, "The Sing Sing Files: One Journalist, Six Innocent Men, and a Twenty-Year Fight for Justice," was released this month.

Persons: Jon, Adrian Velazquez, Velazquez, —, Mr, Abraham Clott, Dan Slepian, Velazquez's, NBC's, Andrew Cuomo, JJ, Lester Holt, I've, Adrian, Velasquez, Maria Velazquez Velazquez, Albert Ward, Attorney Alvin Bragg, Bragg, ” Velazquez, Holt, Dan, I’d, didn't Organizations: New York, NBC, New York Gov, NBC News, Attorney, Justice Locations: Manhattan, New, New York City, Sing, Harlem, attorney's, reinvestigations

☆ Maggie Smith, Oscar-winning actor known from Harry Potter and 'Downton Abbey,' has died at age 89
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +5 min

Actress Dame Maggie Smith arrives at the Royal Film Performance and World Premiere of the film, "The Second Best Exotic Marigold Hotel", at Leicester Square, London February 17, 2015. Smith's sons, Chris Larkin and Toby Stephens, said in a statement that Smith died early Friday in a London hospital. You have to get up very, very early in the morning to outwit Maggie Smith." "Jean Brodie," in which she played a dangerously charismatic Edinburgh schoolteacher, brought her the Academy Award for best actress, and the British Academy Film Award (BAFTA) as well in 1969. English actress Maggie Smith, UK, 8th March 1974.

Persons: Dame Maggie Smith, Peter Nicholls, Maggie Smith, Miss Jean Brodie, dowager Countess of Grantham, Minerva McGonagall, Harry Potter, Smith's, Chris Larkin, Toby Stephens, Smith, Clair Dobbs, Vanessa Redgrave, Judi Dench, Smith drily, McGonagall, Richard Eyre, I've, Jean Brodie, Oscar, Judith Hearne, Mussolini, Tony, " Smith, Richard Burton, Peter Hall, Frank Rich, Coward, Wilde, Noel Coward's, It's, Margaret Natalie Smith, one's, Maggie, Margaret Smith, Laurence Olivier, Joyce Redman, Emilia, Desdemona, Stuart Burge's, Shakespeare's Organizations: Leicester Square, British Academy Film Award, Vaudeville Theatre, Getty, Golden Globes, Globe, New York Times, Oxford Playhouse School, National Theatre, Shepperton Studios, Moviepix Locations: Leicester, London, Downton, British, Edinburgh, Hay, Ilford, Oxford, Surrey

☆ Why Millennials and Gen Z Are Tracking Their Parents' Phones
▼ + stars: | 2024-09-26 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +12 min

While parents have used location-tracking apps to keep an eye on their kids since the tech was invented, millennials and Gen Zers are now turning the all-seeing eye onto their parents. The kids who grew up with extra watchful parents are now carefully eyeing their parents' every move. While phones lacked tracking technology when Shafer was younger, her parents set hard limits on which hours she could use her first cellphone and whom she could contact. She described her mom and dad's parenting style as "very typical of overbearing parents, especially immigrant parents." And more parents are tracking their kids in college to help quell their anxiety about the separation.

Persons: Sherry Howard, Howard, —, TikTok, Zers, Gen Zers, Kacy Shafer, Shafer, Stephiney Foley, Foley, Kelley Roebuck, Cousin Erica's, Roebuck, y'all, Gabrielle Lask, Lask, didn't, Dr, Kanchi Wijesekera, Julianne Goldfinger, Goldfinger, she's, I'm, Wijesekera, Joy Loverde, Loverde, they've, it's, Julia Pugachevsky Organizations: The New York Times, Pew, Business Locations: Ohio, Caribbean, West Virginia, New York, Shanghai, Smoky, Tennessee, Seattle, Florida, Illinois, California

☆ How real estate's Alexander brothers got away with decades of alleged sexual assault: 'They are a menace.'
▼ + stars: | 2024-09-18 | by ( Katie Warren | ) www.businessinsider.com time to read: +34 min

Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.

Persons: she'd, Oren, Alon Alexander, Alon, —, Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's

☆ 20 vintage photos of Alaska from before it became a state
▼ + stars: | 2024-08-09 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Critics called the transaction "Seward's Folly" after William Seward, the US secretary of state. Alaska was officially made the 49th state in January 1959. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Russia began colonizing Alaska and other parts of North America in the late 1700s, establishing Russian America and making money off the fur trade.

Persons: Critics, William Seward, — Organizations: Service, Business Locations: Alaska, Russia, North America, Asia, Russian America

☆ An ex-'Below Deck Med' cast member now crews a private luxury yacht in the Bahamas with her boyfriend. They work 16-hour days, but say it's the best hospitality job they've ever had.
▼ + stars: | 2024-08-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

AdvertisementLong days for the two-men crewAn interior view of the Sailing Location yacht. Lily Davison and Nik Dorward wear multiple hats on their trips, doing everything from cooking to acting as tour guides. Tops other hospitality jobsA coconut drink served on board Sailing Location. AdvertisementAnd they haven't had any nightmare guests, Davison said, unlike when she was on "Below Deck Med." Nik Dorward and Lily Davison aboard the Sailing Location yacht.

Persons: —, Lily Davison, Nik Dorward, Davison, It's, Dorward, Pablo Escobar's, James Bond's, they've Organizations: Service, Business Locations: Bahamas, Nassau , New Providence, Norman's, Staniel Cay, Florida

Morgan Stanley raised its price target on Rivian to $17 from $13. Analyst Frank Lee did raise his price target to $200 from $190, although he added that "the risk-reward is less attractive now." Guggenheim hiked the price target to $735 per share from $700. He did raise his price target for the stock to $225 from $180, although this price hike still implies that Tesla stock could fall 12%. Analyst Adam Jonas raised his price target on the stock to $17 from $13.

Persons: Morgan Stanley, Jefferies, Frank Lee, Lee, Lisa Kailai Han, Michael Morris, Morris, Guggenheim, — Jesse Pound, Morgan Stanley's Simeon Gutman, Gutman, Seth Sigman, Truist, – Samantha Subin, TD Cowen downgrades Charles Schwab, Charles Schwab's, TD Cowen, Bill Katz, Charles Schwab, Katz, mgmt, — Lisa Kailai Han, Wells, Bank of America Wells, Mike Mayo, Mayo, Goliath, Dan Levy, Levy, Dennis Geiger, Geiger, Thomas Fitzgerald, Fitzgerald, David Windley, UnitedHealth's, Windley, UNH, Adam Jonas, Rivian, Jonas, Fred Imbert Organizations: CNBC, HSBC, Qualcomm, Microsoft, Netflix, Guggenheim, Barclays, ISI, Citi, Mizuho, Bank of America, of America, Tesla, UBS, Sweetgreen, sss, IK, TD Cowen downgrades, Airlines, American Airlines, Delta, Jefferies, Presidential, Chevron, Volkswagen Locations: China, Tuesday's, Mayo, U.S, Tesla's, UnitedHealth, UNH's

☆ Brevan Howard has transformed since Alan Howard gave up the reins. Meet the five portfolio managers with the most capital at the $35 billion hedge fund.
▼ + stars: | 2024-07-09 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +8 min

Read previewThere is perhaps no better example of the hedge fund industry's maturation than Brevan Howard. The $35 billion firm has changed considerably since 60-year-old Alan Howard stepped back from running its day-to-day operations in 2019. Now, Howard — the firm's majority owner — no longer manages money at Brevan. The firm's two biggest funds — the long-running, $11.9 billion Master Fund and the younger, $12.2 billion Alpha Fund — each manage more money now than the entire firm did five years ago. Advertisement"The real challenge is keeping the trading talent," said Nagi Kawkabani, a former Brevan Howard co-CEO told Institutional Investor in 2019.

Persons: —, Brevan Howard, Alan Howard, Howard, Howard —, Rishi Shah, Fash, Minal Bathwal, Trifon Natsis, Aron Landry, James Vernon, Jean, Philippe Blochet, Chris Rokos —, Natsis, Landry, Brevan, Nagi Kawkabani, Shah, Shaw, He's, he's Organizations: Service, Business, Fund, Alpha, Credit Suisse, Alpha Fund, Citadel, Bloomberg, Investor, United Arab, Winton Group Locations: Brevan, Ville, Natsis, Abu Dhabi, United Arab Emirates

☆ New AI tools are helping workers bluff their way through interviews
▼ + stars: | 2024-07-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?

Persons: —, I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London

☆ I'm a therapist who's been hospitalized for a manic episode. I worried about the stigma at work — then, another patient recognized me.
▼ + stars: | 2024-06-19 | by ( Marcia Naomi Berger | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A year later, in 1975, I had a second manic episode, which landed me in Langley Porter Hospital. I first met Henry when I was a patient myselfI played ping-pong with Henry, a stocky, lively patient around my age. Then I saw his name on my list of patients on the large whiteboard that paired patients with their primary therapists. AdvertisementExcerpted from The Bipolar Therapist: A Journey from Madness to Love and Meaning by Marcia Naomi Berger.

Persons: —, Henry, Langley Porter's, I've, Marcia, Doreen, I'd, Langley Porter, Henry —, Barbara, Marcia Naomi Berger Organizations: Service, Langley Porter Hospital, Business, Elmhurst, Bitachon Press Locations: Queens , New York, San Francisco, Langley Porter, earshot

☆ I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.
▼ + stars: | 2024-06-03 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with Jim Ward, a 61-year-old who works in cybersecurity and moved from Dallas, Texas, to Knoxville, Tennessee, in 2022. AdvertisementAfter 20 years of living in the Dallas-Fort Worth area, my wife and I finally escaped to Tennessee two years ago. As far as geography goes, in the Dallas area, the terrain is predominantly flat with few trees. HUM Images/Universal Images Group via Getty ImagesWhile living in Texas, I had a job that required a lot of traveling. AdvertisementOur quality of life has improved in TennesseeThere are certainly several similarities between Tennessee and Texas, but I also see a lot of differences.

Persons: —, Jim Ward, There's, LeConte, Kevin Ruck, that's, we've Organizations: Service, Ward, Dallas, Business, DFW, Love, Getty, Dallas Fort Worth International Airport, Dallas Love Field, Houston, Tennessee Theatre Locations: cybersecurity, Dallas , Texas, Knoxville , Tennessee, Houston, Dallas, Texas, Fort Worth, Tennessee, Plano, Irving, Highland Village, Virginia, North Carolina, Highland, Knoxville, We're, Smoky

☆ Former Goldman Sachs rates trader leaves $35 billion Brevan Howard less than a year after joining
▼ + stars: | 2024-05-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Frank Flight left London-based Brevan Howard earlier this year. Flight was a rates trader for Goldman for six years before joining Brevan last May. A person close to the firm said he left "on his own accord" earlier this year. AdvertisementAt least one Brevan Howard departure this year was not a layoff. Flight had been at the firm for less than a year, joining from Goldman Sachs in May of 2023 after more than six years of trading rates for the bank.

Persons: Frank Flight, Brevan Howard, Goldman, —, Howard, Goldman Sachs, Brevan, Alfredo Saitta, Aron Landry, Alan Howard, Bradley Organizations: Brevan, Service, Business, Goldman, Bloomberg Locations: London

☆ Robert De Niro called Donald Trump a 'clown' and a 'monster' outside his New York hush money trial. Here's a timeline of their 13-year feud.
▼ + stars: | 2024-05-29 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Robert De Niro outside Manhattan Criminal Court on May 28, 2024. CHARLY TRIBALLEAU / Getty ImagesThe Democrats seem to be using De Niro's feud against Trump again this year ahead of the 2024 elections. "Trump wants revenge, and he'll stop at nothing to get it." De Niro claimed in his speech that Trump wants to destroy New York, America, and the world. "I never knew how small, both mentally and physically, Wacko Former Actor Robert De Niro was," Trump wrote on Wednesday.

Persons: De Niro, Robert De Niro, CHARLY TRIBALLEAU, Trump, Harris, Niro, TRUMP, Biden Organizations: Biden, White, Truth, Radical Locations: Manhattan, New York, America

☆ Starbucks is set to resume union negotiations as it confronts issues at its stores
▼ + stars: | 2024-05-28 | by ( Kate Rogers | ) www.cnbc.com time to read: +7 min

Spencer Platt | Getty ImagesWhen Starbucks and its baristas union resume contract bargaining this week, workers may have renewed momentum at their backs — courtesy of the company's own CEO. Narasimhan, in prepared remarks to Wall Street analysts, cited some of the challenges that union workers have been highlighting in their bid for better working conditions. For Workers United, the union behind the Starbucks organizing, his admission that more could be done was promising. Starbucks and the union are meeting to continue working on the framework that will inform every single-store contract moving ahead. There has been another call for change at Starbucks stores that may carry weight at the negotiating table.

Persons: Spencer Platt, Laxman Narasimhan, we're, Narasimhan, CNBC's, Kevin Johnson, baristas, Michelle Eisen, Eisen, we've, Howard Schultz, Schultz, Howard Organizations: Getty, Starbucks, Wall Street, U.S, Workers United, Staffing, CNBC Locations: New, Buffalo , New York, Buffalo

☆ Robert De Niro slams 'clown' Trump outside NY criminal trial, as Biden campaign ramps up attacks
▼ + stars: | 2024-05-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

"He doesn't belong in my city," De Niro, a native New Yorker, said of Trump during a press conference hosted by President Joe Biden's reelection campaign outside Manhattan Supreme Court. Immediately following the Biden campaign event, Trump campaign spokesman Jason Miller accused Biden of employing a "washed-up actor" to campaign for him in a Hail Mary attempt to reverse Trump's narrow lead in 2024 election polls. The De Niro event marks the first time the Biden campaign has appeared outside Trump's trial, which began more than five weeks ago. As the criminal trial winds down, the president's reelection campaign is planning to crank up its attacks on Trump, NBC News reported Friday. Defense attorney Todd Blanche began Tuesday's closing arguments by declaring, "President Trump is innocent."

Persons: Robert De Niro, Joe Biden, Donald Trump, De Niro, Joe Biden's, —, Trump, Trump's, Harris, Niro, Harry Dunn, Jason Miller, Biden, Mary, Miller, Michael Cohen, Stormy Daniels, Attorney Alvin Bragg, Todd Blanche, Blanche, Joshua Steinglass, Bragg Organizations: Republican, Trump, U.S, Capitol, Biden, U.S . Capitol Police, NBC, Democratic, Manhattan, Attorney Locations: Manhattan, New York City, New Yorker, United States, White

☆ He fell in love with Thailand while traveling in his 20s. Now 40, he's back and has built his dream 'James Bond' luxury villa.
▼ + stars: | 2024-05-20 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

Read previewThe first time Johnny Ward went to Chiang Mai, Thailand, he was 22. Johnny Ward on a scooter in front of his house in Chiang Mai, Thailand. But after traveling the world, Ward realized that Chiang Mai still had his heart. Johnny Ward/onestepforwardWard said he spent 13 million Thai baht building the home and another 3.5 million Thai baht furnishing it, or about $460,000 in total. It would have been difficult for him to have all the things he wanted if he had bought an existing home in Chiang Mai, Ward said.

Persons: —, Johnny Ward, Chiang, Ward, Chiang Mai, James Bond, onestepforward, Jaa, he's, onestepforward Ward, hadn't, I'm, She's, it's Organizations: Service, Business, Homes, James Edition Locations: Chiang Mai, Thailand, Asia, Australia, Miami, Ibiza, Ireland, Homes Thailand, onestepforward

☆ Some consumers are punting big purchases like pools and mattresses
▼ + stars: | 2024-05-18 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Rachel Wisniewski | ReutersAmericans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. "As a result, consumers continue to scrutinize their spending and make near-term decisions based primarily on need, price and perceived value. But those options have fallen out of favor as interest rates rose. He also cited increased interest rates as another weight on their shoulders. Lofty interest rates have also hampered housing improvement efforts for those staying put, according to Home Depot .

Persons: Rachel Wisniewski, Joe, Shelly Ibach, Ibach, FactSet, Mark Mathews, Platt, J, Mitchell Dolloff, Dow Jones, it's, Mathews, Enphase, Badri Kothandaraman, Marc Bitzer, Patrick T, bode, Robert Ohmes, Richard McPhail, It's, McPhail Organizations: Reuters, Reserve, Prosper, National Retail Federation, San Francisco Fed, New York Fed, Management, Commerce Department, Consumers, Whirlpool, Fallon, Bloomberg, Getty, Bank of America, CNBC Locations: Gilbertsville , Pennsylvania, Minneapolis, U.S, California, Torrance , Calif, Minnesota

☆ 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

Although both Blevins and Patterson are Republicans, the race is nonpartisan and open to all registered voters in the ward. The recall effort in Oklahoma was launched by two longtime Enid residents, best friends Connie Vickers and Nancy Presnall, both Democrats in a county where Republicans have a nearly 4-to-1 advantage in voter registration. The two helped spearhead a signature drive to qualify Blevins’ recall for the ballot, getting 350 signatures from voters in the ward, far more than the 240 they needed. "The people who support that ideology are very passionate and very dedicated, and up until this point we haven't been. “We determined that we have a good group together that wants to do good things for the community,” Presnall said.

Persons: ENID, Judd Blevins, Cheryl Patterson, Blevins, Patterson, Marjorie Taylor Greene, Paul Gosar of, Connie Vickers, Nancy Presnall, ” Presnall, It's, ” Blevins, ”, Evropa, Donald Trump, “ I'm, Patrick Anderson, Enid, Anderson, James Neal, ” Neal, “, ___, Sean Murphy Organizations: Southern Poverty Law Center, Reps, Enid, Republicans, Republican, Democrat, Nazi, University of Virginia, Enid News & Eagle, Air Force, Holy Orthodox Catholic Church, Enid Social Locations: Okla, Oklahoma, Enid, Iraq, Charlotesville , Virginia, United States, Marjorie Taylor Greene of Georgia, Paul Gosar of Arizona

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ Cocoa prices just hit a record high. Here's what's driving the gains and what it means for chocolate makers
▼ + stars: | 2024-02-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

If you think chocolate prices this Valentine's Day were more expensive than usual, it's not you. Year to date, futures contracts are up nearly 27%, with cocoa prices rising in six of the past seven weeks. Here's a breakdown of what's driving cocoa prices higher and how it impacts the investment case around two major chocolate stocks. Doshi thinks cocoa prices could sell off about 20%, taking them to around $4,500 to $4,800 per ton. In an interview with CNBC last week, he underscored the rising cocoa price outlook as the key driver for his lower rating.

Persons: Humza Hussain, El, Aakash Doshi, Doshi, Bernstein, Bruno Monteyne, … There's, Mondelez, Alexia Howard, Hershey, Michele Buck, Bernstein's Howard, Howard, I'd, Bryan Spillane, Morgan Stanley, Pamela Kaufman, Bank of America's Spillane Organizations: Asset Management, CNBC, Hershey, Citi, 2H, Street, Bank of America, Bank of, Cadbury Locations: Mondelez, El Niño, Ghana, Ivory, Nigeria, Europe

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