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Opinion | Donald Trump, Man of Destiny
  + stars: | 2024-07-15 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
Every act of political violence yields instant reactions that can’t be supported by the available facts. A single assassination attempt by a loner with a rifle doesn’t necessarily tell us anything about whether America is poised to plunge into a political abyss. Nor do the motives of would-be assassins necessarily map onto a given era’s partisan divisions. Nor can we say definitively that this assassination attempt has sealed up the 2024 election for Donald Trump and his running mate, J.D. Vance — surely the wild twists and turns of the Trump era should disabuse us of that kind of confidence.
Persons: Donald Trump, J.D, Vance —, Trump, Hegel, Thomas Carlyle, Napoleon Locations: America, Pennsylvania, Corsican, Europe
“It hurt,” says Muse, the executive pastor of Hayes Barton Baptist Church in Raleigh, North Carolina. Nikki Hardeman, of Atlanta, an advocacy director for Baptist Women in Ministry, left, Meredith Stone, executive director of Baptist Women in Ministry, center, and Christa Brown, an advocate for survivors of sexual abuse and a supporter of the Baptist Women in Ministry, protest outside the venue of a Southern Baptist Convention annual meeting on June 11, 2024, in Indianapolis. Some Southern Baptist leaders, for example, say they do not oppose women running for political office. And yet millions of women still give their time and money to church groups that won’t allow them to lead men. Meredith Stone, executive director of Baptist Women in Ministry, a group that works with the SBC and other Baptist groups.
Persons: Kristen Muse, Muse, Paul, Timothy, , Hayes Barton, , , Clint Pressley, Nikki Hardeman, Meredith Stone, Christa Brown, Doug McSchooler, Albert Mohler Jr, Kamala Harris, Shelby Tauber, ” Muse, Christ, Mary Kassian, Beth Allison Barr, Barr, Jesus, Pope Francis, lectors, Beth Moore, Terry Wyatt, Moore, Infants, ” Barr, it’s, they’re, Rick Warren, Peter Smith, that’s, she’s, Rabbi Nachman, Rosh Hashana, Sergei Supinsky, don’t, , Bishop Teresa Jefferson, Jay Reeves, Deborah, Lydia, Priscilla, Dorcas, Mary Magdalene, Mary, Luke, hasn’t, John Blake Organizations: CNN, National Public Radio, Southern Baptist Convention, Hayes Barton Baptist Church, SBC, Baptist Women, Ministry, Southern Baptist, Southern Baptist Theological Seminary, Roman Catholic Church, of God, Reuters, complementarianism, Children, Baylor University, Research, Saddleback Church, Saddleback, Getty, Christian Methodist Episcopal, Moody Temple CME Church, Jefferson Locations: manila, Raleigh , North Carolina, Atlanta, Indianapolis, Indiana, Dallas , Texas, Nashville , Tennessee, Texas, Saddleback, Southern California, New Orleans, Uman, Ukraine, AFP, Raleigh, Moody, Fairfield , Alabama, Israel
New York CNN —Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN. A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition. Discussions between Google and Wiz began after the startup raised $1 billion from venture capital investors earlier this year, the source said. Google Cloud is central to the company’s efforts to diversity revenue beyond its core search advertising business. Notable customers include BMW, Slack and Salesforce, and it works with major cloud companies including Amazon, Microsoft and Google.
Persons: Wiz, Dan Ives, Biden, Trump, Ives, — Assaf Rappaport, Ami Luttwak, Yinon Costica, Roy Reznik, Slack Organizations: New, New York CNN, Google, CNN, Wiz, Wall Street, Motorola, Microsoft, Wedbush, White, Federal Trade Commission, Big Tech, Israel Defense Forces, Fortune, BMW, Amazon Locations: New York, New York City
Elon Musk Allies Help Start Pro-Trump Super PAC
  + stars: | 2024-07-15 | by ( Theodore Schleifer | ) www.nytimes.com   time to read: +1 min
Some of Elon Musk’s closest friends have helped start a new super PAC meant to help former President Donald J. Trump, creating an avenue for Mr. Musk and his $250 billion fortune to potentially play a significant role in the 2024 presidential race. Mr. Musk had not donated to the super PAC as of June 30, the end of the most recent disclosure period, according to a Monday filing with the Federal Election Commission. On Saturday, soon after Mr. Trump survived an assassination attempt, Mr. Musk went on X to issue a full-throated endorsement of the former president. The super PAC, according to three people close to the organization, is led in part by Joe Lonsdale, a co-founder of the software company Palantir and a politically ambitious venture capitalist in Austin who serves as a political confidant to Mr. Musk. Mr. Lonsdale, the people say, has played a key role in fund-raising for the group in its opening weeks, encouraging his network of influential entrepreneurs to support the super PAC.
Persons: Elon Musk’s, Donald J, Musk, Trump, Joe Lonsdale, Lonsdale Organizations: Trump, America PAC, Federal, Commission, Republicans Locations: Austin
This page has everything you need to show you how to watch the Wimbledon final for free, wherever you are. It's pretty simple, really, thanks to the Wimbledon final live stream being broadcast on TV and online for free in the UK via the BBC. Watch Wimbledon online. How to watch Wimbledon final in the USAIf you don't already have a bunch of cable channels, the best option to watch Wimbledon for most people in the USA is ESPN+. Where to watch Wimbledon final in AustraliaThe most popular option is the free one on 9Now.
Persons: VPNs aren't, We'd, ExpressVPN, There's Organizations: Business, Wimbledon, BBC, USA, ESPN, ESPN Plus, Disney, Hulu, MLB, NHL, NFL, UFC, Disney Plus, ABC, ESPN2, BBC2 Locations: Australia, 9Now, USA
Last Thursday, 87% of S & P 500 stocks outperformed the index itself, which Goldman Sachs called "the most in the history of our data set." Its total gain of 57%, measured by the S & P 500, is almost exactly half the post-1929 average too. For good measure, this year the S & P 500 has posted the best-ever start to a presidential election year. Arguably something close to it is already priced in to a considerable degree, with the S & P 500 pushing 22-times forward earnings again. The elevated sentiment backdrop is par for the course for a bull market, but sometimes associated with pauses or pullbacks.
Persons: Goldman Sachs, Russell, it's, It's Organizations: Strategas, New York Stock Exchange, CPI, Federal, Big Tech, Nasdaq, Fidelity Investments, Federal Reserve, Treasury Locations: superlatives, Bull
Venture capitalist and Democratic megadonor Ron Conway has spoken directly with former House Speaker Nancy Pelosi about President Joe Biden's disastrous debate performance, according to three people familiar with the matter. Representatives for both Pelosi and Conway did not deny that the California Democrat and unofficial dean of the House Democratic caucus had spoken to Conway about Biden. "Like many others, since the debate Ron has had many conversations with Democratic party leaders and other major donors about the best path forward for victory. He's given over $400,000 to the Biden Victory Fund throughout the 2024 election cycle, according to Federal Election Commission records. Conway gave over $200,000 to the Nancy Pelosi Victory Fund during the 2022 congressional midterm elections, according to OpenSecrets.
Persons: Nancy Pelosi, Ron Conway, Joe Biden's, Conway, Donald Trump, Pelosi, Conway's, Biden, Ron, He's, Biden's, Kamala Harris, Trump, George Stephanopoulos, bundlers, Stewart Bainum Jr, he's, Abigail Disney, Disney Organizations: SV Angel, Conference, Venture, Democratic, CNBC, MSNBC, California Democrat, House Democratic, Trump, ABC News, Biden, Fund, Commission, House Democrats, Choice Locations: California, San Francisco , California, U.S, Silicon Valley, OpenSecrets, Chicago
Read previewAfter nearly 25 years of headhunting for the corporate elite, I've seen it all. But I've seen too many candidates rest on their laurels, assuming their existing Rolodex (yes, some still have those) is enough. I've seen it happen, and it's not pretty. I've seen candidates lowball themselves out of insecurity, and others demand outrageous packages out of hubris. I've seen candidates ghost companies after multiple rounds of interviews or respond poorly to rejection.
Persons: , I've, they're, it's, I'm, Skip, you'll, It's, today's, Deepali Vyas, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Business, Google
(L to R) Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani and Akash Ambani pose for the media during a photo opportunity at the red carpet ceremony to celebrate the engagement of Anant and Radhika at Ambani's Antilia residence in Mumbai, India, on Jan. 19, 2023. Mukesh Ambani is the billionaire chairman of Indian conglomerate Reliance Industries, and his youngest son Anant Ambani is marrying Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The billionaire family have spotlighted the glitz and glamour of Indian weddings on the world stage, and piqued people's curiosity about why weddings are such a big affair in Indian culture. Additionally, Indian weddings appear to be really spectacular because Indians tend to have big families, various religious and cultural events, and colorful attire and jewelry, according to Karishma Manwani, a London-based luxury wedding planner for Indian weddings. Manwani and Suglani explained the culture and tradition underpinning big Indian weddings.
Persons: Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani, Akash Ambani, Anant, Radhika, Ambani's, Viren Merchant, Mark Zuckerberg, Shah Rukh Khan, Rihanna, Justin Bieber, Priya Suglani, Karishma, Manwani, Suglani Organizations: Reliance Industries, Encore Healthcare, BBC, London, CNBC, shimmer Locations: Mumbai, India, Jamnagar, Gujarat, London
Joe Biden is still standing, refusing to bow out — he reiterated that once again in a lengthy and mostly successful news conference on Thursday night. Some may view it as selfish and irresponsible. Some may even see it as dangerous. But I see it as remarkable. Despite sending a clear message — in his recent flurry of interviews and rallies, in his stalwart address this week to members of the NATO alliance and in his letter on Monday to congressional Democrats, in which he assured them that “I wouldn’t be running again if I did not absolutely believe I was the best person to beat Donald Trump in 2024” — there’s still a slow drumbeat from luminaries, donors and elected officials trying to write Biden’s political obituary.
Persons: Joe Biden, , Donald Trump, Ari Emanuel, Rahm Emanuel, Biden “, Stephen King, ” Abigail Disney, Walt Disney, , Biden Organizations: NATO Locations: Japan
Peering into their computer screens in California last year, the data crunchers watched a subterranean fortune come into focus. What they saw transported them 10,000 miles across the world, to Zambia, and then one more mile straight down into the Earth. On Thursday, their company, KoBold Metals, informed its business partners that their find is likely the largest copper discovery in more than a decade. According to their estimates, reviewed by The New York Times, the mine would produce at least 300,000 tons of copper a month once fully operational. The New York Times also reviewed an independent, third-party assessment of KoBold’s claims, which, while slightly more conservative than KoBold’s own, largely corroborated the size of the deposit.
Persons: KoBold Organizations: KoBold Metals, The New York Times, New York Times Locations: California, Zambia
Looking at their individual organizations, the Buffett children could make for some strange charitable bedfellows once their father dies. AdvertisementWhat the Buffett children do nowSusie runs the Sherwood Foundation, which has given more than $1 billion to build equity in her native Nebraska across social justice, education, and healthcare. Howard Buffett is set to take the reins as Berkshire Hathaway non-executive chairman when his father Warren Buffett steps down. Leigh Vogel/Getty ImagesHowie, the middle Buffett, focuses his time on food security, as well as conflict mitigation and combatting human trafficking, through his Howard G. Buffett Foundation. Harold, the nonprofit expert, said the worldviews of the Buffett children should serve them well.
Persons: , Warren Buffett, haven't, Buffett, Susan, Howard, Peter —, Susie, Peter didn't, Howie, Jacob Harold, Susan Thompson Buffett, Howard Buffett, Berkshire Hathaway, Leigh Vogel, Howard G, he's, He's, Peter, Buffett's, we've, Harold, Harry, Leona Helmsley Organizations: Service, Bloomberg, Business, Wall Street Journal, Sherwood Foundation, Susan Thompson Buffett Foundation, University of Nebraska, Inc, Democrats, Democratic, Berkshire, Buffett, Buffett Foundation, NoVo Foundation Locations: Omaha, Nebraska, Ukraine, Kingston , NY, Israel, Saharan Africa
The US issues just 140,000 employment-based visas and 85,000 H-1B visas a year. The O-1 visa has eight criteria; applicants must meet three out of eight to qualify. "A lot of it is a storytelling exercise about yourself to meet the criteria of the O-1," Wehden said. AdvertisementGabriel Petersson, a Midjourney engineer and high school dropout, initially considered an H-1B visa before realizing it required a college degree. While 85% of the company's petitions have been for O-1 visas thus far, it also supports green card applications.
Persons: , Joe Biden, Donald Trump, Lisa Wehden, Wehden, Lisa, Justin Bieber, Plymouth's, Gabriel Petersson, Petersson, Minn Kim Organizations: Service, Plymouth, Business, Immigrants, Microsoft, Nvidia, Google, Immigration, Employers, O1, Institute for Progress, Schmidt, Emergent Ventures, Talent Mobility Fund Locations: Plymouth, America
Photographer Ramesh Shukla moved to Dubai in 1965. Sheikh Zayed and Sheikh Rashid watching a camel race in Sharjah, 1968. The next day, he returned to the racetrack and presented the photo to Sheikh Zayed, asking for his blessing — and it changed everything. Sheikh Zayed Bin Sultan Al Nahyan, the late emir of Abu Dhabi, signing the agreement to form the UAE’ on December 2, 1971. Ramesh ShuklaShukla's photos of the UAE's founding fathers (top) and Sheikh Zayed signing (bottom) are featured on the 50 dirham note.
Persons: CNN — “, ” Ramesh Shukla, Shukla, Ramesh Shukla, , , Sheikh Zayed, Sheikh Rashid, Sheikh Zayed Bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Neel Shukla, Ramesh’s, , Tara, Neel, Ramesh, Ajman —, Ras, Khaimah, Neel —, ‘ Papa, ’ ” Organizations: CNN, United Arab Emirates, Ramesh, Emirates, United, UAE ’, Dubai Culture Locations: India, Dubai, Bombay, Mumbai, UAE, Sharjah, States, British, Arabian, Abu Dhabi, , Umm Al, United Arab, Ras Al, Emirates
Elon Musk's net worth soared to $274 billion after Tesla stock's 10-day stock win streak. AdvertisementElon Musk's net worth soared by $67 billion amid a long winning streak for Tesla stock through Tuesday's trading session, once again making him the world's richest person. The 10-day surge propelled Musk's net worth to $274 billion, according to data from Bloomberg. As Tesla stock hit its 52-week low in April, Musk's net worth declined by $65 billion on a year-to-date basis. But since Tesla stock bottomed, Musk's net worth has zoomed higher by $110 billion.
Persons: Elon, Tesla, Jeff Bezos's, , Musk, Uber, Neil Roarty, Jeff Bezos Organizations: Service, Elon, Tesla, Bloomberg, Business, SpaceX, Musk, The Boring Company
MJ's kids include two of his own and two stepchildren, all aged between 35 to 46. AdvertisementHe's among a growing cohort of boomers who are passing on their wealth at an earlier stage in life, financial planners previously told BI. "We consider inheritances and money from families a gift of love," Gideon Drucker, president and financial planner at Drucker Wealth, previously told BI. The money he gifts to his kids comes with no strings attached — they are free to spend it how they see fit. "I'm not going to put them all into retirement with what I'm leaving them.
Persons: he's, Bill Perkins, boomers, Gideon Drucker, MJ, Here's, I've, Drucker, Warren Buffett, Bill Gates, Mark Zuckerberg, Buffet, I'm Organizations: Service, Business, Drucker Wealth Locations: Alberta, Canada
"Jeff is extremely focused, as you can imagine," Sánchez told Longoria of her and Bezos' "philosophy" for philanthropy. Lauren Sánchez and Jeff Bezos work on the Bezos Earth Fund togetherMuch of Longoria and Sánchez's conversation focused on her and Bezos' work on the Bezos Earth Fund. Sánchez serves as the vice chair of the Bezos Earth Fund, helping Bezos and the organization's staff determine where to invest. "Jeff always says, 'We have to invent our way out of this,'" Sánchez told Longoria. "The meat that they're making now tastes so good," Sánchez told Longoria.
Persons: , Lauren Sánchez, Jeff Bezos, Sánchez, Eva Longoria, Longoria, Robin L Marshall, MacKenzie Scott, Jeff, Bezos, Forbes, Lauren Sanchez, fiancé Jeff Bezos, Cindy Ord, MG24, I've Organizations: Service, Hollywood, Business, Elle Women, Fund Locations: Mexico
Driving uninsured has various consequences, including fines, license suspension, and even jail time. If you drive without car insurance, your insurance rates could increase when you purchase or renew it. It can be tempting to skip the extra cost that car insurance adds to the price of owning a car. License suspension:Many states suspend your license or registration (or both) for months if you're caught driving uninsured. If you live in an area with high rates of uninsured drivers, this could cause issues for you.
Persons: It's, Alani Asis Alani Asis, Forbes, She’s, Read Organizations: UM, Department of Transportation, Department of Insurance, Department of Motor Vehicles, Insurance, The Insurance Research, U.S, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: U.S, New Hampshire, Virginia, New York, Connecticut, California, Georgia, Manoa
CNN —The US already boasts a promising roster of young tennis stars but there is a new name on the scene. Emma Navarro is quickly establishing herself as a force to be reckoned with on the senior tour, with the 23-year-old reaching the quarterfinals at this year’s Wimbledon. I can’t wait to play again.”Navarro’s form at this year’s Wimbledon follows what has already been an impressive season for the youngster. The American reached the third round of the Australian Open earlier this year, before progressing to the fourth round at the French Open. In an interview with the Tennis Channel earlier this season, Navarro credited her calm demeanour and mindset to her dad.
Persons: Emma Navarro, Navarro, Coco Gauff, ” Navarro, , , Robert Prange, Jessica Pegula, Ben Navarro, “ He’s, he’s, Italian Jasmine Paolini Organizations: CNN, Court, Gauff, Wimbledon, American, WTA, Hobart International, Virginia, US, Sherman Financial Group, Forbes, Cincinnati, Tennis Locations: Italian
With three children and a dog, the Aguilar Ortega family trekked through the jungle, hopped freight trains and toured Times Square. Millions of Venezuelans like the Aguilar Ortega family have fled economic misery and political repression in their homeland as it descended into turmoil. “The kids want to go to New York,” Mr. Aguilar said in Spanish as he stood by his tent in Mexico City. Mr. Aguilar created hiding places for their cash, using toenail clippers to cut small openings into Hayli’s jacket and Josué’s pants. She called Ms. Ortega to check in, and learned of the family’s setup.
Persons: Aguilar Ortega, trekked, Miles, — Hayli, Samuel, Henry Aguilar, Leivy Ortega, Eric Adams, Biden, Aguilar, Ms, Ortega, Donna, ” Mr, , COLOMBIA Samuel, Hayli, Nicolás Maduro, It’s, Mr, selfies, , Josué, Donna meandered, patted, Aguilar Ortegas, Aguilar’s, weren’t, “ It’s, Rafael García, “ Papi, Ortega’s, Floyd Bennett, Simón, Floyd Bennett Field, “ I’ve, I’m, Maria Cardona, ” Ms, Cardona, Amy Swan, Ray Swan, Swan Organizations: New York Times, U.S ., The Times, GAP, MEXICO CITY, Mexico City, Central America, CIUDAD, Times, United, Venezuela’s, Roman Catholic Church, New York, La Guardia Airport, Delta, Roosevelt, Queens, Honda, Facebook Locations: Mexico City, Latin America, Venezuelan, New York City, New York, U.S, United States, Venezuela, , COLOMBIA, Colombia, Chile, Ecuador, Peru, Panama, la, , ” PANAMA, MEXICO, Guatemala, Mexico, earshot, Central, Costa Rica, Nicaragua, Honduras, CIUDAD JUÁREZ, Ciudad Juárez, Texas, Juárez, Mexican, Rio Grande . Texas, Rio Grande, Cuba, Haiti, El Paso , Texas, El Paso, PASO , TEXAS, York, La, Michigan, Santa Claus, Manhattan, Spanish, MANHATTAN, BROOKLYN, Brooklyn, Simón Bolivar, Spain, Jamaica, MIDDLETOWN, CONN, Middletown, Conn, Connecticut
"He is running a very bigoted race," Hamadeh told me of Masters, "and MAGA and the America First movement is bigger than that." An anti-Hamadeh yard sign, paid for by the Masters campaign, beside one of Hamadeh's own signs in the 8th district. "This guy, he lost against Mark Kelly because he's a weirdo," Hamadeh told me. "I think that warrants some investigative journalism," Hamadeh told me. "I can't vote for you," one woman, apparently not a prospective constituent, told Hamadeh as she shook hands with him after the event, "but I'll give you a donation."
Persons: Abe Hamadeh, Hamadeh, I've, He's, Donald Trump, Kari Lake, MAGA, Blake Masters, Peter Thiel protégé, who's, It's, Bryan Metzger, Ben Toma, Debbie Lesko, Sen, Anthony Kern, There's, Trent Franks, Israel, there's, Lesko, , Abraham, Abe, Ron Paul, Prophet Muhammad, Jesus, fashioning, he's, Trent, They're, MAGA bromides, JD Vance, Ohio, Masters, Vance, Ted Kacynski, Blake, Mark Kelly, Kari, Brandon Bell, Trump, Clarence Thomas, Thiel, Hamadeh's, Arizona Republic —, Rebecca Noble, Toma Organizations: Service, Republican, GOP, Arizona, Capitol, Trump, Masters, Supreme, Daily, University of, Maricopa County Attorney's, US Army Reserve, Republican Party, Senate, Sun City, Justice, Republicans, Sun City West, Stanford University, FBI, Thiel Capital, Fox News, Arizona Republic, Sun, Arizona House Locations: Phoenix, Arab American, Arizona, America, Tucson, North Phoenix, Washington, There's, Maricopa County, Mecca, Chicago, Skokie, United States, Saudi Arabia, Jerusalem, Istanbul, Vatican, Thailand, Japan, Sun City, crazies, Scottsdale, it's
Paramount Agrees to Merge With Skydance
  + stars: | 2024-07-07 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
Paramount’s board on Sunday signed off on a deal to merge with Skydance, according to two people familiar with the negotiations, ushering in a new era for CBS, Nickelodeon and the film studio behind the “Top Gun” and “Mission: Impossible” franchises. Ms. Redstone, Paramount’s board chair, is cashing in much of her ownership in the company she fought to preserve and control. David Ellison, the tech scion behind Skydance, will become the top power broker at Paramount. The Ellisons’ considerable resources was a major selling point for the Redstones, who were seeking to fortify Paramount for the long-term. Paramount has tried to replace its fading cable TV enterprise with streaming businesses like Paramount+, but those efforts are still nowhere near as profitable as traditional TV operations.
Persons: David Ellison, Ellison, Larry Ellison Organizations: Sunday, CBS, Nickelodeon, Paramount, Oracle, Netflix Locations: Hollywood
Earlier this week, Steve Ballmer's wealth briefly overtook that of his former boss, Bill Gates. 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 . Steve Ballmer's wealth leapfrogged that of Gates, his former boss and Microsoft's cofounder. This story is available exclusively to Business Insider subscribers.
Persons: Steve Ballmer's, Bill Gates, They're, Ballmer, , Gates Organizations: Bloomberg, NBA's LA Clippers, Intuit, Service, Business
All in all, Group Black said it planned to deploy $500 million in Black-owned media by the end of 2022. Some brands have provided updates on their commitments since, but gains by Black-owned media companies have been uneven overall. Group Black's idea was to help steer ad dollars to its member companies and use some of the ad dollars to buy stakes in media companies. It listed among its founding member companies Essence, which is part of Dennis' company, Sundial Media; podcast company Pod Digital Media; and lifestyle media company She Media. Various outlets also reported that Group Black sought to acquire stakes in media companies including Sports Illustrated publisher Arena Group and Vox Media.
Persons: , Travis Montaque, Montaque, Montaque hasn't, Kerel Cooper, Dan Bisgeier, Delida Costin, Mike Owen, Ryan Robertson, Marchelle Wright, Ashley Banks, Cooper, Holler, Richelieu Dennis, Bonin, Black, George Floyd, Breonna Taylor, Ursula Burns, Fortune, Seth Kaufman, Moët Hennessy, Dennis Organizations: Service, Business, Black, Xerox, Moët Hennessy North America ., Media, Pod Digital Media, Sports, Arena, Vox Media Locations: Black
Read previewNate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months. AdvertisementDetailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies. AdvertisementThe short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India. Conflict over Hindenburg's short-selling arrangementIndian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group.
Persons: , Nate Anderson, Gautam Adani, Hindenburg, it's, Anderson, Gautam, Hindenburg's, Adani, SEC —, Kingdon, who's, he's, Nikola, Carl Icahn Organizations: Service, Hindenburg, Business, Group, Adani, Adani Group, Hindenburg Research, The Securities, Exchange Board, SEC, Kingdon Capital Management, Regulators, Lordstown Motors, Icahn Enterprises, New York Times, Times, charlatans Locations: India, Manhattan, Adani, New York
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