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In the war-torn Chechnya region, Mr. Kadyrov built up a private fiefdom while professing loyalty to no official but Mr. Putin himself. A judo sparring partner from Mr. Putin’s youth became a construction billionaire and built Mr. Putin’s landmark bridge to Crimea. And then there was Mr. Prigozhin, who has said that he met Mr. Putin in 2000 as a St. Petersburg restaurateur. In Ukraine, as Mr. Prigozhin tells it, Wagner troops were only called in after Mr. Putin’s initial invasion plan failed. But Mr. Putin seemed to vacillate on his own support for Mr. Prigozhin.
Persons: Vladimir V, Putin, Yevgeny V, Prigozhin, Putin’s, , , , “ Putin, Tatiana Stanovaya, ” Mr, Ramzan Kadyrov, Aleksandr G, Lukashenko, Mr, Wagner, tycoons, Boris N, Yeltsin, Kadyrov, Prigozhin’s, K.G.B, Donald J, Trump, Weeks, , Putin “, Andrei Soldatov, Prigozhin “, ” Mark Galeotti, ” Neil MacFarquhar, Valerie Hopkins Organizations: Carnegie Russia Eurasia Center, ., Reuters, Federal Security Service, Kremlin, Television, Defense, Defense Ministry, Center for Locations: Russia, Moscow, Russian, Rostov, Chechnya, Belarus, Russia’s, Don, Ukraine, Putin’s, Crimea, St, Petersburg, United States, Syria, Africa, Ukrainian, Bakhmut
In the war-torn Chechnya region, Mr. Kadyrov built up a private fiefdom while professing loyalty to no official but Mr. Putin himself. A judo sparring partner from Mr. Putin’s youth became a construction billionaire and built Mr. Putin’s landmark bridge to Crimea. And then there was Mr. Prigozhin, who has said that he met Mr. Putin in 2000 as a St. Petersburg restaurateur. In Ukraine, as Mr. Prigozhin tells it, Wagner troops were only called in after Mr. Putin’s initial invasion plan failed. But Mr. Putin seemed to vacillate on his own support for Mr. Prigozhin.
Persons: Vladimir V, Putin, Yevgeny V, Prigozhin, Putin’s, , , , “ Putin, Tatiana Stanovaya, ” Mr, Ramzan Kadyrov, Aleksandr G, Lukashenko, Mr, Wagner, tycoons, Boris N, Yeltsin, Kadyrov, Prigozhin’s, K.G.B, Donald J, Trump, Weeks, , Putin “, Andrei Soldatov, Prigozhin “, ” Mark Galeotti, ” Neil MacFarquhar, Valerie Hopkins Organizations: Carnegie Russia Eurasia Center, ., Reuters, Federal Security Service, Kremlin, Television, Defense, Defense Ministry, Center for Locations: Russia, Moscow, Russian, Rostov, Chechnya, Belarus, Russia’s, Don, Ukraine, Putin’s, Crimea, St, Petersburg, United States, Syria, Africa, Ukrainian, Bakhmut
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK stock market is being unfairly targeted after Brexit, fund manager saysMark Barnett, fund manager at Tellworth Investments, discusses the impact of Brexit on U.K. stock markets and "allocation issues for pension funds and increasingly for private individuals."
Persons: Mark Barnett Organizations: Tellworth Investments
As a financial advisor, I saw wealthy clients follow the same path to millionaire status. But my strategy changed when I met Grant Sabatier and realized I wasn't enjoying my money the way I wanted to. Spend and enjoy the majority of your money now or delay those luxuries in exchange for a comfortable retirement in the future. He continued telling me that at age 25, he sat down and listed the 10 things that made him happy. I realized that I needed a lot less money than I thought to be happy," said Sabatier.
Persons: Grant Sabatier, , He'd, Sabatier, I've, Read Organizations: Service, New York City Locations: New, Oklahoma
Hunter Biden's plea deal with federal prosecutors is "far from standard operating procedure," a legal expert said. The president's son has agreed to plead guilty to two criminal misdemeanors of failing to pay income tax. Bederow, who called Hunter Biden's reported full payment back to the IRS a "significant factor," added that it's "fair" to question whether Hunter Biden received special treatment in the case. Despite owing in excess of $100,000 in federal income taxes each year, he did not pay the income tax due for either year." "At the end of the day, at least for now, Hunter Biden will be a convicted tax cheat," said Bederow.
Persons: Hunter, Biden, , Joe Biden, Hunter Biden, Hunter Biden wouldn't, Arthur Aidala, Aidala, what's, Ghislaine Maxwell, Harvey Weinstein —, he's, It's, David Weiss, Donald Trump, Mark Bederow, Joe Schmo, Bederow, Hunter Biden's, Trump, Weiss Organizations: Service, Justice Department, Prosecutors, Associated Press, The Washington, Delaware Locations: Brooklyn, Manhattan
Rescuers in a remote area of the Atlantic Ocean raced against time early Tuesday to find a missing submersible carrying five people on a mission to document the wreckage of the Titanic. OceanGate's expeditions to the Titanic wreck site include archaeologists and marine biologists. Gallo identified Nargeolet, a friend who has led multiple expeditions to the Titanic, on Tuesday during an interview with CNN. OceanGate hired the Polar Prince to ferry dozens of people and the submersible craft to the North Atlantic wreck site. CBS journalist David Pogue, who went on the trip last year, noted his vessel got turned around looking for the Titanic.
Persons: Mauger, NBC's, John Mauger, David Concannon, John's, Concannon, OceanGate, Hamish Harding, Harding, Mark Butler, Butler, Victor Vescovo, Mariana, Richard Garriott de Cayeux, Shahzada Dawood, Suleman, Allah, Paul, Henry Nargeolet, David Gallo, Gallo, David Pogue, Pogue, Mike Reiss, Alistair Greig, submersibles, Greig Organizations: Discovery, U.S . Coast Guard, OceanGate Expeditions, Authorities, Rescue Coordination Center, Rescuers, Polar, Canadian Boeing, Twitter, U.S, Lockheed, The Associated Press, AP, Coast Guard, United Arab, Action Aviation, World Records, Shepard, The Explorers, SETI Institute, CNN, CBS, University College London Locations: Nova Scotia, British, St, John's, Newfoundland, Canadian, Bahamas, Dubai, United Arab Emirates, California, Virginia
A crew of five people, including a pilot and four others, were on board the Titan submersible when it lost contact with its support ship during a dive to the Titanic wreckage site in the North Atlantic on Sunday. Here are the passengers who have been confirmed to have been aboard the missing craft. Hamish HardingImage Hamish Harding. Dirty Dozen Productions, via Action AviationHamish Harding, a British businessman and explorer, was among those aboard the submersible, according to Mark Butler, the managing director of Mr. Harding’s company, Action Aviation. Mr. Harding, 58, who holds several Guinness World Records, including one for the longest time spent traversing the deepest part of the ocean on a single dive, wrote on his Facebook page on Saturday that he was proud to finally announce that he had joined OceanGate’s mission “on the sub going down to the Titanic.”
Persons: Hamish Harding, Action Aviation Hamish Harding, Mark Butler, Harding, Organizations: Atlantic, Credit, Action Aviation, World Records Locations: British
Hamish Harding, a British businessman and explorer, was among those aboard the submersible that went missing in the North Atlantic on Sunday, according to Mark Butler, the managing director of Mr. Harding’s company, Action Aviation. Mr. Harding, 58, who holds several Guinness World Records, including one for the longest time spent traversing the deepest part of the ocean on a single dive, wrote on his Facebook page on Saturday that he was proud to finally announce that he had joined OceanGate’s mission “on the sub going down to the Titanic.”Mr. Harding is the chairman of Action Aviation, a sales and air operations company based in Dubai. He had previously flown to space on a mission by Jeffrey P. Bezos’s Blue Origin rocket company. He also took part in a mission for reintroduction of cheetahs to India, and holds a world record for the fastest circumnavigation of Earth via both the geographic poles by plane.
Persons: Hamish Harding, Mark Butler, Harding, Mr, Jeffrey P Organizations: Atlantic, Action Aviation, World Records, Origin Locations: British, Dubai, India
It was a great week for the economy
  + stars: | 2023-06-17 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +8 min
New retail sales numbers, inflation, and a pause in rate hikes point to a strong week in the economy. All of this good news contributes to an economy that gave the Federal Reserve the confidence to skip its string of interest rate hikes this month. Interest rates skip hike as economy continues growingThe Federal Open Market Committee (FOMC) held interest rates steady at its Wednesday meeting, putting a pause on the Fed's 10 consecutive increases in 15 months. It all means Americans feel confident the economy is headed in the right directionAmericans are feeling better about the economy as well. Overall, this week's data shows the US economy is still going strong, even amid concerns over potential interest rate hikes later this year.
Persons: , That's, Price, Jerome Powell Organizations: Service, Federal Reserve, Commerce Department, Consumers, AAA, Labor Department, CPI, of Economic Advisers, of Labor Statistics, The Labor Department, Market, Fed, University of, Federal Reserve Bank of New, Federal Reserve Bank Locations: , New York, Federal Reserve Bank of New York
The administration has also implemented two dozen executive actions to try to reduce gun violence. But in the absence of congressional action, the White House has turned its focus to state action to try to reduce gun violence. Ten years later, gun violence remains a challenging issue for the White House. But since the law was signed last year, further action on gun violence has stalled in Congress. But gun violence rates more broadly in our cities are going down this year for the first time in a long time,” Murphy told CNN.
Persons: Joe Biden, ” Biden, Biden, , Barack Obama, “ You’ve, we’ve, he’s, Democratic Sen, Chris Murphy, “ I’m, Sen, Chuck, Schumer, , Murphy, Richard Blumenthal, Mark Barden, Sandy, , Everytown, Giffords, it’s, ” Murphy, Miguel Cardona, Xavier Becerra Organizations: CNN, National Safer Communities, Safer, White, University of Hartford, Sandy Hook Elementary, Capitol, Democratic, Republicans, Democrats, Elementary, Federal Emergency Management, Department of Health, Human Services, Department, Education, of, Mental Health, HHS Locations: Connecticut, United States, Newton , Connecticut, Nashville, Buffalo , New York, Uvalde , Texas, Friday’s
CNN —Years before he said he was running for president to “defeat the cult of gender ideology,” Donald Trump welcomed and praised the inclusion of transgender women in the Miss Universe pageant. He then later effusively praised the winner of the Miss USA pageant, Olivia Culpo, for saying that transgender women should be allowed to compete. Transgender contestant Jenna Talackova takes part in Miss Universe Canada competition in Toronto, May 19, 2012. Mark Blinch/ReutersTrump, then the owner of the Miss Universe pageant, would go on to cite the possible participation of transgender women in Olympic sports to justify his decision to end a ban on transgender pageant participants. “And you have the Miss Canada, which is essentially the Miss Universe.
Persons: ” Donald Trump, Jenna Talackova, effusively, Olivia Culpo, Mark Blinch, Reuters Trump, Trump, , he’d, That’s, Culpo, , ” Culpo, Trump . Donald Trump, David Becker, , ” Trump, Talackova, Gloria Allred, Michael Cohen, Cohen, Laura Ingraham, Carrie Prejean, Shanna Moakler, Donald Trump, Lucas Jackson Organizations: CNN, Miss Universe, Trump, Miss USA, Miss Universe Canada, Reuters, Republican, White, Trump ., Miss, Hollywood, Getty, Fox, Friends, Trump Organization, Olympics, Fox News, Miss California USA, Miss Universe Organization, GLAAD, Mr Locations: Canadian, Toronto, Las Vegas , Nevada, Canada, Miss Canada, United States, New York
June 15 (Reuters) - Canadian miner First Quantum Minerals (FM.TO) has rejected an informal takeover offer from Barrick Gold (ABX.TO), Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of copper miner First Quantum rose 12% following the news, while Barrick fell 2.7%. First Quantum did not immediately respond to a Reuters request for comment, while Barrick said the company does not comment on market speculation. Barrick Gold CEO Mark Bristow's had expressed his interest in copper giant Freeport-McMoran (FCX.N) in 2020, but a deal between the companies did not pan out. Reporting by Sourasis Bose in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Barrick, Mark Bristow's, Sourasis Bose, Devika Organizations: Minerals, Barrick Gold, Bloomberg, Barrick, Newmont Corp, Thomson Locations: Freeport, McMoran, Bengaluru
Ruto has also faced criticism for increasing allocations to his office and the deputy president's while cutting petrol subsidies. The proposals, contained in a draft law known as the finance bill, will be considered by parliament alongside the 2023-24 budget to be presented by the finance minister on Thursday. The president and his allies have defended the tax hikes, saying East Africa's economic powerhouse needs more revenue to avert a debt crisis and fund affordable housing projects. One man in Githunguri, who declined to give his name, defended the finance bill, saying Ruto was simply trying to leave his mark by constructing affordable housing. Fruit vendor John Nyaga, another Ruto voter, complained that the tax hikes would leave his customers with even less money to spend.
Persons: William Ruto, Ruto, Jacqueline Wambui, Ruto's, Uhuru Kenyatta, Raila Odinga, John Nyaga, Duncan Miriri, Aaron Ross, Ed Osmond Organizations: REUTERS, Ruto, Thomson Locations: Kiambu County, Kenya, GITHUNGURI, Nairobi, Ukraine, Githunguri
Mark Bradford Strikes a Pose of Quiet Self-Reflection
  + stars: | 2023-06-14 | by ( John Vincler | ) www.nytimes.com   time to read: +1 min
Mark Bradford found his way to becoming an artist while working in his mother’s beauty shop. The Los Angeles-born artist used layers of the cheap end papers — thin delicate sheets used to protect hair from burning during perming — instead of paint in the early works that would soon earn him an international reputation, eventually leading to the official United States pavilion at the 2017 Venice Biennale, his most important exhibition to date. Nearly 40 when Thelma Golden selected him to participate in her landmark 2001 “Freestyle” exhibition at the Studio Museum in Harlem, featuring mostly young Black artists embracing abstraction and challenging dogmas of representation, he has emerged as one of America’s greatest living painters. Yet, technically speaking, he continues to use paper rather than paint as his primary medium. In “You Don’t Have to Tell Me Twice,” Bradford’s works take over the entirety of Hauser & Wirth’s five-story Chelsea flagship, his first New York solo exhibition since 2015, showing a dozen paintings alongside two works that set the mood, a sculpture and a video piece that find the artist taking stock and assessing his own meteoric rise.
Persons: Mark Bradford, , Thelma Golden Organizations: Studio Museum, Hauser, Chelsea, New York Locations: Los Angeles, United States, Venice, Harlem
An indictment is the formal notification that a grand jury has brought charges against a defendant. A grand jury is convened in some criminal cases to decide if prosecutors have enough evidence to go to trial. With that vote, 76-year-old Trump became the first former US president ever to be indicted on criminal felony charges in American history. Federally, like in Trump's Miami case, all felony charges are also presented to a grand jury for a similar process. NICHOLAS KAMM/AFP via Getty ImagesWhy was Trump indicted — twice?
Persons: , Donald Trump, Trump, Stormy Daniels, Jack Smith, Mark Bederow, Bederow, that's, Jens Stoltenberg, NICHOLAS KAMM, Daniels, Michael Cohen, Trump's, Cohen, Waltine Organizations: Service, Trump, US Department of Justice, Nato, Winfield House, Getty, Justice, Mar, National Archives Locations: Manhattan, Mar, New York, York, Trump's Miami, London
The day began with a dip into the cool Atlantic waters along the New Jersey shore near Avon-by-the-Sea. Soon after, his daughter made a beeline toward the waves, splashing as she waded deeper into the dark blue. The narrow, fast-moving stream swept her farther and farther away from the shore. Mr. Batista rushed in to rescue her, friends and authorities said. But the ocean, in all its cruelty, pulled him under.
Persons: Mark Batista, Batista Organizations: New York Fire Department Locations: New Jersey, Avon
William MedinaWhen wildfire smoke smothers US cities and communities, suddenly creating a hazardous air quality event, workers like Leichenger say they’re left gasping for help to keep doing their jobs. On Thursday, Teamsters Local 804 partnered with New York City Democratic Socialists of America to distribute donated KN95 masks to workers. That could include greater attention paid to improving indoor air quality as well as flexible work arrangements. Research is limited, however, as to how wildfire smoke ultimately affects job choices and to what extent people become disinclined to work in higher-exposure fields with greater exposure, he said. For now, workers like Leichenger remain on the front lines.
Persons: William Medina, Uber, Matt Leichenger, Leichenger, , lightheaded, ” Leichenger, , ” Jim Mayer, ” Medina, Mark Borgschulte, “ There’s, Marshall Burke, Borgschulte, ” Borgschulte, “ It’s Organizations: Minneapolis CNN —, UPS, CNN, bodega, Teamsters, New York, New York City Democratic Socialists of America, Friday, Deliveristas, University of Illinois, Occupational Safety, Health Administration, University of Stanford’s Department of Earth System, Research Locations: Minneapolis, Queens , New York, Brooklyn, New York City, Medina, Queens, bodega, York, Canada, New York, Colorado, Texas, California, Oregon
The judge likely overseeing the case is Judge Aileen Cannon, whom Trump appointed. Former prosecutors say Trump could turn on Cannon if she ever sides against him in the case. But former prosecutors told Insider that even though Trump appointed Cannon, he could still turn on her if she ever sides against him in the case. Bederow told Insider that Trump will probably initially see Cannon being assigned to the case as a "good thing" — up until "something goes against him." Trump has not yet spoken out about Cannon likely being assigned the case.
Persons: Trump, Aileen Cannon, Cannon, , Donald Trump, Mark Bederow, Bederow, Duncan Levin, Levin Organizations: of Justice, Service, US, Manhattan District, Department, White, Southern District of, Attorney's Locations: Florida, Lago, Southern District, Southern District of Florida, Manhattan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomist Mark Borgschulte: Air pollution impacts everything including Wall Street's daily incomeLabor Economist Mark Borgschulte joins 'Last Call' to discuss the daily economic impact of air pollution and what makes the wildfire smoke blanketing the East Coast an extreme case.
Persons: Mark Borgschulte, Wall Organizations: Labor Locations: East Coast
Batman wins EU trademark dispute with Italian designer
  + stars: | 2023-06-07 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +2 min
REUTERS/Henry RomeroBRUSSELS, June 7 (Reuters) - Caped crusader Batman won a trademark fight with an Italian clothing retailer on Wednesday after Europe's second-top court sided with an EU patent office, ruling that the Batman logo is distinctive enough to warrant its EU trademark. The Italian company had asked EUIPO to annul the trademark for clothing and carnival items, saying that it lacked a distinctive character. Judges backed the EU trademark body. The Italian company can appeal to the EU Court of Justice, Europe's highest, on points of law. The case is T-735/21 | Aprile and Commerciale Italiana v EUIPO – DC Comics (Representation of a bat in an oval surround).
Persons: Henry Romero BRUSSELS, Batman, Europe's, EUIPO, Aprile, Foo Yun Chee, Louise Heavens Organizations: DC Comics, REUTERS, EU, Warner Bros, European, Intellectual Property, Commerciale Italiana, Italiana Srl, Justice, Europe's, Commerciale, Thomson Locations: Mexico City, Mexico, Italian, EU, Luxembourg
Wall Street's summer internship is officially here as investment banks open up their doors to eager college students. The 10-week internship program represents a critical juncture for aspiring Wall Streeters. Lucky for you, Insider's Emmalyse Brownstein has a foolproof guide for how to navigate your Wall Street internship, mapping out the key dos and don'ts. Read more about everything you should, and shouldn't, do during your Wall Street internship. One to watch at Goldman Sachs.
Persons: Dan DeFrancesco, Lydia Warren, we've, Goldman Sachs, Let's, Wall, Brownstein, Banks, Read, Brad Pitt's, He's, you've, Leo Bogdanov, KKR's, Nishi Somaiya, John Waldron, Daniel Pinto, Balyasny, Jane Fraser, We've, Jeffrey Cane, Hallam Bullock Organizations: KKR, nab, Citadel, Goldman, JPMorgan, Millennium, UBS, LinkedIn Locations: Hawaii, Wall, New York, London
Brands fearful of right-wing backlash are discussing scaling back their Pride Month activities. Right-wing media personalities have declared a "war on woke," with The Daily Wire's Matt Walsh recently rallying his Twitter followers to "make 'pride' toxic for brands." This month, the LGBTQ+ dating app Taimi initiated an ad campaign that included billboards in states including Florida, Oklahoma, Texas, and others. Those billboards were largely on privately-owned farmland and most of the landowners rejected Taimi's ad campaign, many requesting "no nudity" in the images. The North Face, which debuted its "Summer of Pride" ad campaign starring drag queen Pattie Gonia late last month, is holding firm.
Persons: Bud Light, Matt Walsh, Ross Martin, Martin, Bud Light's, influencer Dylan Mulvaney, Hannah Lewman, Pattie Gonia, rightwing firebrands, Amy Luca, Media.Monks, Brian Stout, It's, We've, Dean Crutchfield, Crutchfield, Mark Borkowski, I've, Mekanism's, There's, Benjamin Cohen Organizations: Target, Daily, Brands, Partners, Gay and Lesbian Alliance, Defamation, Pink Locations: Florida , Oklahoma , Texas, Taimi's
AI startup MindsDB just raised a $25 million seed extension round led by Mayfield. The round comes less than three months after it raised a $16.5 million round led by Benchmark. The founders of MindsDB aims to help software developers worldwide perform the roles of machine-learning engineers. Founded in 2017, MindsDB is now gaining the interest of investors as AI has become the talk of the town in tech. In February, the startup announced $16.5 million in funding led by Benchmark.
Persons: Mayfield, MindsDB, Navin Chaddha, Chaddha, MindDB's cofounders Jorge Torres, Adam Carrigan, Torres, Chetan Puttagunta Organizations: Benchmark, Mayfield Fund, Ventures, Australian National University Locations: San Francisco, Europe
Polish president signs 'Tusk Law' on undue Russian influence
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +3 min
Opposition figures have nicknamed it Lex Tusk, using the Latin word for law. "In a normal democratic country, somebody who is president of that country would never sign such a Stalin-esque law," PO lawmaker Marcin Kierwinski told private broadcaster TVN 24. CONCERNSThe Polish Judges' Association Iustitia said the law breached European Union values and could prompt more punitive EU measures over democratic backsliding in Poland. Poland's dependence on Russian energy has progressively declined, even before Russia invaded Ukraine in February 2022. The construction of a liquefied natural gas (LNG) import terminal, allowing the import of non-Russian gas, started when Tusk was in power.
Firstly, artificial intelligence (AI) is by far the most important topic of conversation regardless of the forum or the party. Every company's CEO is ripping through the org chart, frantically trying to figure out how to use AI for creativity and profit. CEO Nikesh Aurora is using AI to find out who simply isn't necessary, or who can't do the job as well as the machines. Ultimately, my reflection when it comes to the Club is to continue to try to profit from the AI arms race. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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