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"We've had a tremendous amount of interest [from private equity firms], and we believe this could make sense for us in a limited fashion, probably no more than 10% of a team. The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. "I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." Private equity incentives around reaching investment targets and exit thresholds could alter the motivations for ownership in ways that make the bigger sports leagues uncomfortable. Private equity firms, tasked with finding investment vehicles to make returns on their assets under management, may be better suited to minority ownership.
Persons: Roger Goodell, Goodell, CNBC's Julia Boorstin, We've, Josh Harris, Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, They're, Ted Leonsis, You'll Organizations: National Football League, Allen & Company Sun Valley, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, NFL, Allen & Co, Sun Valley Conference, CNBC, Apollo Global Management, Washington, Summit, Washington , D.C, NBA, Blackstone Group, Philadelphia 76ers, New Jersey Devils, Women's Soccer League, Washington Capitals, Wizards, Mystics, ESPN Locations: Sun Valley , Idaho, Washington ,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarner Bros. Discovery CEO David Zaslav talks sports streaming bundle 'Venu'CNBC's Julia Boorstin talks what she is hearing from top media execs at the Allen & Co. Sun Valley Conference kicks off.
Persons: David Zaslav, Julia Boorstin Organizations: Warner Bros, Discovery, Allen, Co, Sun Valley Conference
Still, the industry largely saw strong monthly job gains following the losses it faced early on in the pandemic, averaging 205,000 jobs a month in 2021. Data out Friday from the Bureau of Labor Statistics showed this industry saw a month-over-month job gain of 7,000; the overall nonfarm payroll job gain in June was 206,000. The industry has historically had higher rates of quits and job openings than the overall labor market, per the Job Openings and Labor Turnover Survey. Additionally, the healthcare and social assistance sectors have seen robust job growth and likely will be looking for job seekers long-term. AdvertisementThe overall tougher labor market still has potential for job seekers.
Persons: , switchers, Julia Pollak, " Pollak, Pollak, Nick Bunker Organizations: Service, Business, Bureau of Labor Statistics, Labor, BLS, Healthcare, North America Locations: Federal
Hollywood is starting to turn on Biden
  + stars: | 2024-07-10 | by ( Gabbi Shaw | Alice Tecotzky | ) www.businessinsider.com   time to read: +1 min
Weeks after George Clooney co-hosted a $28 million fundraiser for Biden, he wants him to drop out. Biden's Hollywood support has begun to wane as Clooney and other moguls publicly express doubts. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLess than a month ago, some of Hollywood's A-list attended a fundraiser for President Joe Biden's reelection campaign, co-hosted by George Clooney, Julia Roberts, and Barbra Streisand.
Persons: Weeks, George Clooney, Biden, Clooney, , Joe Biden's, Julia Roberts, Barbra Streisand Organizations: Hollywood, Service, The New York Times, Democratic Party, Business
Casey Wasserman CEO on NBA TV deals
  + stars: | 2024-07-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCasey Wasserman CEO on NBA TV dealsCNBC's Julia Boorstin sits down with Wasserman CEO Casey Wasserman on 'Power Lunch' to discuss the Olympics and sports rights
Persons: Casey Wasserman, Julia Boorstin, Wasserman Organizations: NBA
The prosecutors gave Mr. Baldwin — who had been rehearsing with a gun when it discharged a live bullet, killing the cinematographer, Halyna Hutchins — about three weeks to decide. That decision led to an indictment and, now, a trial that could lead to a maximum punishment of 18 months in prison if Mr. Baldwin is convicted. The prosecutors decided to dismiss the original indictment against Mr. Baldwin while they had the gun examined. Ms. Morrissey learned that an NBC News reporter had the details of the “presumed confidential” plea offer, she wrote in court papers. “He has no title or credit in either documentary,” Mr. Nikas wrote, calling him a subject of the projects.
Persons: Kari T, Morrissey, Alec Baldwin, Baldwin —, Halyna Hutchins —, Baldwin, Luke Nikas, Mr, Dave Halls, “ Rust ”, Halls, Ms, Baldwin “, , Hutchins’s, , ” Ms, Baldwin’s, Rory Kennedy, Nikas, Kennedy, Joel Souza, Rust, Souza, Hutchins, “ I’m, Organizations: NBC Locations: New Mexico
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStability and rule of law most important for businesses: Reid Hoffman on his support for Pres. BidenCNBC's Julia Boorstin and Reid Hoffman, Greylock, talk President Biden's candidacy, AI, and more.
Persons: Reid Hoffman, Biden, Julia Boorstin, Greylock, Biden's Organizations: Pres
Read previewGeorge Clooney on Wednesday called on President Joe Biden to drop out of the 2024 race just weeks after co-hosting a star-studded fundraiser for the president's campaign. "He wasn't even the Joe Biden of 2020. I'm proud of what my party represents and what it stands for," Clooney wrote. AdvertisementIn his Times column, Clooney added that he help put on, "some of the biggest fund-raisers in my party's history. Joe Biden in 2020."
Persons: , George Clooney, Joe Biden, Joe, Biden, Clooney, Reed Hastings, Barry Diller, Clooney's, Rob Reiner, Reiner, , @robreiner, he's, Nancy Pelosi, lister, Julia Roberts, Barbra Streisand, Barack Obama, Steve Ricchetti, Amal Clooney, Hillary Clinton Organizations: Service, The New York Times, Business, Hollywood, Netflix, IAC, MSNBC, Seven House Democrats, Academy, The Washington Post, Democrats Locations: Washington, Hague
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto on state of the economy, product offerings and growth outlookCNBC’s Julia Boorstin and SoFi CEO Anthony Noto join 'Squawk Box' to discuss the state of the economy, SoFi's product offerings, navigating in a high interest rate environment, growth outlook, AI integration, and more.
Persons: Anthony Noto, Julia Boorstin
George Clooney calls on Biden to drop out of the race
  + stars: | 2024-07-10 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +1 min
US actor George Clooney arrives for The Albies hosted by the Clooney Foundation at the New York Public Library in New York City on September 28, 2023. Hollywood superstar George Clooney said Wednesday that it was time for President Joe Biden to drop out of the presidential race, after Biden's disastrous debate performance and a fundraiser the actor and filmmaker co-hosted for Biden in June. "It's devastating to say it, but the Joe Biden I was with three weeks ago at the fund-raiser was not the Joe 'big F-ing deal' Biden of 2010," Clooney wrote in a New York Times op-ed. "He wasn't even the Joe Biden of 2020. Biden's fumbling debate performance opposite former President Donald Trump was on June 27, nearly two weeks after the fundraiser in Los Angeles.
Persons: George Clooney, Clooney, Joe Biden, Joe, Biden, Barack Obama, Julia Roberts, Jimmy Kimmel, Biden's, Donald Trump, Clooney's, Nancy Pelosi Organizations: Clooney Foundation, New York Public Library, Hollywood, Biden, New York Times, NBC News Locations: New York City, Los Angeles
The nine-month war in Gaza nearly took Julia’s life, as the fighting and displacement cut off her access to treatment. Around a month into the war, Julia ran out of three of the five medications she was taking, Dareen told CNN. “Ibrahim and I were the only two survivors,” Alaa told CNN, adding that the airstrike killed 30 members of their family. “We lived through hunger, the main ingredients for food weren’t there,” Alaa told CNN. I can’t be her mother and father at the same time.” she told CNN.
Persons: Julia Abu Zeiter, Dareen, Julia, ” Dareen, Dr, Ahmed Mubarak, Mubarak, Mari Carmen Viñoles, Israel, Giuseppe Cacace, Ibrahim, Alaa, “ Ibrahim, ” Alaa, ” Ibrahim, Ali Moustafa, Israel’s, , , James Elder Organizations: Egypt CNN —, CNN, United Arab, Leukemia, Getty, Palestine Children’s Relief, Integrated, United Nations, ” UNICEF, Locations: Arish, Egypt, Gaza, United Arab Emirates, Israel’s Kerem Shalom, Abu Dhabi, Sinai, Rafah, Israel, UAE, Egypt's Arish, AFP, US, Julia, Jabalya
On Today’s Episode:Top Democrats, Swallowing Fears About Biden’s Candidacy, Remain Behind Him, by Catie Edmondson, Maya C. Miller, Robert Jimison and Annie KarniA Late Play by the Biden Campaign: Running Out the Clock, by Adam Nagourney and Jim RutenbergHow Mar-a-Lago Became the Center of Gravity for the Hard Right, by Karen Yourish, Charlie Smart and David A. FahrentholdAt Least 25 Reported Killed in Israeli Airstrike at School Turned Shelter in Gaza, by Liam Stack and Anushka Patil‘Rust’ Jury Chosen After Questions About Guns, Movies and Alec Baldwin, by Julia Jacobs
Persons: Catie Edmondson, Maya C, Miller, Robert Jimison, Annie Karni, Adam Nagourney, Jim Rutenberg, Karen Yourish, Charlie Smart, David A, Liam Stack, Anushka Patil, Alec Baldwin, Julia Jacobs Organizations: Biden, Gravity Locations: Gaza
On my way to Kennedy International Airport, I grip the wheel tightly, swerving across three lanes of expressway traffic at 50 miles per hour to reach the exit. Minutes later, still shaken from my move, I hear a cheerful, disembodied voice instructing me to re-enter the expressway I had just exited. Or maybe it’s stuck you on an ugly freeway when a glorious, ocean-hugging alternative lies a few miles away. But the reality is these apps affect us, our roads and our communities every minute of the day. Primarily programmed to find the fastest route, they endanger and infuriate us on a remarkably regular basis.
Organizations: Kennedy International Airport, Google, Apple
The involuntary manslaughter trial of Alec Baldwin began on Wednesday with prosecutors painting him as a headstrong actor who repeatedly shirked his duty to maintain gun safety on the set of the movie “Rust,” while the defense argued that the death of the movie’s cinematographer was the result of other crew members’ failures. While Mr. Baldwin’s lawyers framed the 2021 shooting of the cinematographer, Halyna Hutchins, as a tragic accident, the prosecutors worked to convince jurors that it was a direct result of Mr. Baldwin’s recklessness while handling dangerous weapons on a film set. Sitting at the defense table in between two of his lawyers, Mr. Baldwin — wearing a suit, patterned tie and thick-framed glasses — listened intently, sometimes taking notes on a legal pad, and looked somber as bodycam footage of the aftermath of the shooting was shown. Supporters sitting behind him included his wife, Hilaria Baldwin, and his brother Stephen Baldwin. Here are four takeaways from the opening arguments in the first day of Mr. Baldwin’s manslaughter trial in Santa Fe, N.M.
Persons: Alec Baldwin, , Halyna Hutchins, Baldwin —, Hilaria Baldwin, Stephen Baldwin Locations: Santa Fe
A combination of wedding deposits, inflation, and my laissez-faire spending habits meant I was unexpectedly dipping into my savings. To learn how, I spoke to Amanda Clayman, a financial therapist who hosts Fresh Produce Media's Audible series "Emotional Investment." I wrote down a few ideas on how I could assess my spending habits, which Clayman approved of. It ended up reassuring me about my spending habits and helping me find small, new ways to save. I've wanted to get into a craft like pottery, where I could even make more personal gifts.
Persons: , it'd, it'll, Amanda Clayman, Clayman, I'm, Julia Pugachevsky, recharges, Aperol spritzes, There's, I've Organizations: Service, Business Locations: New York City, Italy
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWBD CEO David Zaslav: Over the next year or two we're going to see more media consolidationCNBC's Julia Boorstin talks what she is hearing from top media execs at the Allen & Co. Sun Valley Conference kicks off.
Persons: David Zaslav, Julia Boorstin Organizations: Allen, Co, Sun Valley Conference
Meinert started going to food therapists at five years old, but it wasn't until she tried psilocybin — the psychedelic property in "magic" mushrooms — that she felt her symptoms fade. A lifelong struggle with foodDanielle Meinert eating Mexican food with ingredients that she used to find scary. Still, Meinert felt progress was agonizingly slow and involved "force-feeding" herself foods that scared her. An eating disorder treatment in 'magic' mushrooms? Unlocking motivation to do hard thingsDanielle Meinert happily eating a range of foods after her psilocybin session.
Persons: , Danielle Meinert, Meinert, ARFID, Michael Pollan's, Johns Hopkins, Natalie Gukasyan, Gukasyan, nervosa, I'd, you've Organizations: Service, Business, Columbia University Irving Medical Center
When your home becomes a tourist attraction
  + stars: | 2024-07-08 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +7 min
But for the people who actually do live in those homes, social media photography has changed what it means to live in a picturesque place. Once, she and a friend were walking his French bulldog when a tourist asked if they could “borrow” the pup for a quick photo op. Private lives, public placesIn that story, everybody had a good time. “I was once woken up at 6 a.m. on Easter Sunday by French teenagers taking pictures outside,” Johnston says. When private homes – and the people who live in them – become tourist attractions, clashes can occur.
Persons: you’re, Alice Johnston, Notting Hill, Julia Roberts, Hugh Grant, Johnston, ” Johnston, e.t.c, Lilit Marcus, they’ve, Chuck Henderson’s, Della, Frank Lloyd Wright, Clinton Walker, , Henderson, Walker, Wright, ” Henderson, , We’ve, ” Frank Lloyd Wright's, Chris Melzer, , Oliver Peoples, it’s Organizations: CNN, Hollywood, Residents, Notting, Carmel Heritage Society Locations: London, Notting, Portobello, , what’s, Hong Kong, Quarry Bay, California, American, Carmel, Pennsylvania, Paris, Alfama, Lisbon
The actor Alec Baldwin appeared Monday in a Santa Fe courthouse as his lawyers sparred with prosecutors over what evidence could be shown to the jury when he goes on trial this week for the fatal shooting of a cinematographer on the set of the film “Rust.”Wearing a suit with a gray striped tie and glasses with thick dark frames, Mr. Baldwin, who is facing a charge of involuntary manslaughter, appeared to pay close attention to the proceedings, taking notes and leaning over to speak with a lawyer. Mr. Baldwin was indicted by a grand jury for his role in the fatal shooting of the cinematographer, Halyna Hutchins, who was killed on Oct. 21, 2021, when a gun he was rehearsing with discharged a live bullet. He has pleaded not guilty, saying he was told the gun did not contain live ammunition. He has also said he did not pull the trigger before the bullet fired, which prosecutors dispute. The judge in the case, Mary Marlowe Sommer of the First Judicial District in New Mexico, ruled on Monday that prosecutors could not argue that Mr. Baldwin’s role as a member of the production team — he was one of the film’s producers in addition to being its leading man — had made him more culpable for the death of Ms. Hutchins.
Persons: Alec Baldwin, , Baldwin, Halyna Hutchins, Mary Marlowe Sommer, , Hutchins Organizations: Judicial Locations: Santa, New Mexico
Read previewOn Sunday, President Joe Biden once again found himself in Philadelphia, a city that has played a crucial role in his political life. AdvertisementOn Sunday, Rep. Joyce Beatty of Ohio told CNN's Eva McKend that Democratic lawmakers shouldn't turn against Biden. A huge "what if" for Biden is if a high-ranking Black lawmaker calls on him to exit the race. But will it help him with Black voters in the coming weeks and months? That November, Biden won 92% of the Black vote, compared to Trump's 8% support, according to the Pew Research Center.
Persons: , Joe Biden, Biden, It's, Biden hasn't, Donald Trump, Joyce Beatty, CNN's Eva McKend, Hakeem Jeffries, Beatty, Kamala Harris, Harris, JfHOOMv5RS, Julia Hamelburg, Steven Horsford, surrogates, Jim Clyburn, Clyburn, he'd, Trump, it'll Organizations: Service, Airy, of God, Business, Capitol, Democratic, Democrats, Congressional Black Caucus, shouldn't, CBC, Biden, Congressional Black, Essence, Black, South Carolina Democratic, Pew Research Center, Trump Locations: Philadelphia, Washington, Ohio, New Orleans, Nevada, York, South Carolina, Georgia , Michigan, Pennsylvania
Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.
Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, , , ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, , Yates, ” There’s, Zeigler, Zyonse, , Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, , UK, , China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York,
Read previewJoAnn Pushkin did everything she could to spot breast cancer early. "So on the same day I learned I had breast cancer, I learned I had dense breasts, and I learned it had been missed because I had dense breasts." Even large tumors are hard to spot in some mammogramsA side-by-side mammogram image of cancer in a "not dense" breast and a "dense" breast. Related storiesAdditionally, having dense breasts also increases your risk of developing breast cancer, though the CDC said scientists are still unsure why. AdvertisementHow to assess your own riskWomen who are at high risk for breast cancer (regardless of breast density) should have a yearly MRI in addition to a mammogram.
Persons: , JoAnn Pushkin, Pushkin, Katie Couric, Rosa DeLauro, Brian Fitzpatrick Organizations: Service, Business, FDA Locations: mammograms, New York
What to expect from the June jobs report
  + stars: | 2024-07-05 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
That said, the job market of today is far different than it was 30 months ago. “The labor market has normalized,” Luke Tilley, Wilmington Trust’s chief economist, told CNN in an interview. As such, Friday’s report could provide a crucial signal as to whether the jobs market is at a stable or even pre-pandemic state — or is perhaps weaker than advertised. The continued upswing in claims has Tilley closely watching an underlying datapoint of the monthly jobs report: Unemployed persons by reason for unemployment. The overall labor force participation rate dipped in May to 62.5% from 62.7%, reversing progress made earlier this year.
Persons: don’t, ” Luke Tilley, , Nela Richardson, ” Dean Baker, aren’t, Tilley, ” Tilley, That’s, Julia Pollak, ” Pollak, Rachel Sederberg, Joe Biden, Donald Trump, Biden, Jerome Powell, Powell, , can’t, Lightcast’s Organizations: CNN, Bureau of Labor Statistics, Center for Economic, Policy Research, of Labor, Challenger, ZipRecruiter, , CNN Business, Workers, Federal Reserve, Labor Locations: Wilmington, , Portugal
"Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous," Hastings said in an email to the Times. While he's the first to call for Biden to step aside, he's not the first big Democratic donor from Hollywood to express concern. It's unclear if more Hollywood donors will follow Hastings and call for Biden to step aside. We will fight, and we will win," Harris told Biden's campaign staff in a call, according to The Times. A Biden campaign spokesperson did not address Hastings's public call in their statement to BI.
Persons: , Reed Hastings, Joe Biden, Donald Trump, Biden, Hastings, he's, Ari Emmanuel, Tina Brown, Trump, Barack Obama, George Clooney, Julia Roberts, Biden's, Kamala Harris, Karine Jean, Pierre, Harris, Noah Mamet, Obama, Mamet, Nancy Pelosi, Chuck Schumer, Patty Quillin Organizations: Service, Democratic, The New York Times, Trump, Times, Business, Netflix, Endeavor, Aspen Ideas, Hollywood, Hastings, Washington Post, Biden, Press, The Times, Democratic Party Locations: Hollywood, Los Angeles, Chicago, Argentina
Owens’ grandson Stuart Owen Rankin describes the track and field great’s actions as a “thumb in the eye” to Hitler. Fox Photos/Hulton Archive/Getty Images‘A bond, a brotherhood, a connection’Another enduring memory from the 1936 Games was Owens’ connection with the German long-jumper Luz Long. Owens and Long were seen as the two favorites to compete for the gold medal in the long jump at the Berlin Games. According to Rankin, Owens said Long offered him advice on how to not overstep, which was an issue the US athlete was having in the long jump qualifying competition. DHM/ullstein bild/Getty Images)StridesAfter the Berlin Games, widespread, institutionalized racism and segregation in the US meant Owens’ achievements weren’t fully appreciated when he returned home.
Persons: Jesse Owens, Adolf Hitler, White, Owens, Owens ’, Stuart Owen Rankin, Hitler, , ” Rankin, CNN’s Don Riddell, ” Jesse Owens, Luz Long, Long, Rankin, ” Owens, Juergen, Shutterstock Rankin, ” Long, scrolled, Julia Long, Long’s, , Julia, weren’t, AP Owens, Gerald Ford, George H.W, Bush Organizations: CNN, Olympics, Nazi, Fox, Berlin Games, American, Games, AP, White Locations: Berlin –, Nazi Germany, Berlin, White, American, Munich, York, United States, America
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