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☆ Biden and Trump's first 2024 debate will be different than any other in recent memory
▼ + stars: | 2024-06-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Read previewPresident Joe Biden and former President Donald Trump are set to face off later this week in the earliest major presidential debate on record. The first presidential debate of the 2024 election will be Thursday, June 27 at 9 p.m. Then-President Donald Trump eyes former Vice President Joe Biden during the final debate of the 2020 election. In late April, Biden told radio host Howard Stern he would debate Trump. Trump will be in Virginia, a state that hasn't gone for the GOP in a presidential election since 2004.

Persons: —, Joe Biden, Donald Trump, Morry Gash, Trump, Biden, Jake Tapper, Dana Bash, Biden team's, Daniel Dale, Tapper, David Chalian, Robert F, Kennedy Jr, Kena Betancur, Kennedy, Nicole Shanahan, Kennedy's, we’ve, hick, O, hite, ake, ike, orward, egan, orth Organizations: Service, Clear, Trump, Business, CNN, New York Times, Getty, O bama Locations: Max, Atlanta, AFP

☆ Vivian Maier: The mysterious New York nanny who helped shape 20th-century street photography
▼ + stars: | 2024-06-24 | by ( Helen Stoilas | ) edition.cnn.com time to read: +9 min

CNN —For much of her life, Vivian Maier was something of a mystery. A crying child, photographed by Vivian Maier in Grenoble, France, in 1959. Vivian Maier/Courtesy Fotografiska New YorkVisitors take in photographs on display at Fotografiska's “Vivian Maier Unseen Work” in New York. In 2011, Maloof published a book, “Vivian Maier: Street Photographer,” and with the filmmaker Charlie Siskel co-directed the 2013 documentary “Finding Vivian Maier,” which was nominated for an Academy Award. In a self-portrait featured in “Vivian Maier Unseen Work," the photographer lenses herself in profile, reflected in a hand mirror.

Persons: Vivian Maier, Maier, “ Vivian Maier, ”, Anne Morin, Leandro Justen, Morin, Robert Frank, Diane Arbus, ” Morin, “, Maier’s, Sophie Wright, Vivian, ” Wright, Dario Lasagni, John Maloof, Maloof, Charlie Siskel, Chicago’s, Carl, Maier hasn’t, Wright, Lane, Matthew Gensburg, York Maloof, Howard Greenberg, ‘ Organizations: CNN, New, Fotografiska, York Visitors, Kodak, Central, Flickr, Court, du Locations: New York, Chicago, York, Swedish, Grenoble, France, Central Park , New York, ” New York, America, California, Europe, Asia, ”, Chicago’s Cook, du Luxembourg, Paris

☆ A return to the roots of presidential debates
▼ + stars: | 2024-06-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

CNN —CNN’s presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. J. David Ake/AFP/Getty Images Monica Moorehead, a presidential candidate from the Workers World Party, disrupts a presidential debate in Washington, DC, in 1996. Gerald Herbert/AP Barack Obama, right, and John McCain shake hands at the start of a presidential debate in 2008. Joseph Kaczmarek/AP Obama hugs his wife, Michelle, as Romney kisses his wife, Ann, after their third presidential debate in 2012. Ultimately, the commission was formed to create a nonpartisan framework for presidential debates – something that has been exported to other countries.

Persons: CNN —, Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Sen, John F, Kennedy, Richard Nixon, Nixon, Howard K, Smith, Jimmy Carter, Gerald Ford, Carter, Jerry Mosey, Betty, David Hume Kennerly, John B, Ronald Reagan, Anderson, AP Carter, Reagan, Walter Mondale, George H.W, Bush, Michael Dukakis, Dennis Cook, Ross Perot, Bill Clinton, Clinton, Ron Edmonds, AP Clinton, Bob Dole, J, David Ake, Monica Moorehead, Joe Marquette, Mark Penn, Lorenzo Alvarez, Angelica, George W, Al Gore, Joe Raedle, Jim Lehrer, Gore, John Kerry, Gerald Herbert, Barack Obama, John McCain, Charles Dharapak, Obama, Mary Jackson's, Mitt Romney, Joseph Kaczmarek, Michelle, Romney, Ann, David Goldman, Hillary Clinton, Patrick Semansky, Salwan Georges, Biden, Chip Somodevilla, Alan Schroeder, ” Kennedy, Schroeder, “, Ford, John Anderson, sidestep, Trump, ” Schroeder, Abraham Lincoln, Stephen Douglas, Douglas, Read, haven’t, “ They’re, ” Organizations: CNN, Commission, CNN’s Atlanta, CBS, Getty, State University of New, Ford, Anderson, Cleveland Convention Center, AP, Music, Bettmann, Bushnell, Theater, Workers World Party, AP Workers, Hofstra University, AP Trump, Washington Post, Trump, Northeastern University, House, Republican, Republican National Convention, Biden, Lincoln, White, Illinois Senate, ABC News Locations: Los Angeles, New York, State University of New York, Albany, Cleveland, Hartford , Connecticut, Washington , DC, San Diego, El Paso , Texas, Hempstead , New York, Detroit, Soviet Union, Eastern Europe, Lincoln, Illinois

☆ Boys Are Struggling. Male Kindergarten Teachers Are Here to Help.
▼ + stars: | 2024-06-23 | by ( Claire Cain Miller | ) www.nytimes.com time to read: +13 min

Male Kindergarten Teachers Are Here to Help. Many studies show that older boys benefit from having male teachers. There hasn’t been as much research on the youngest students and their teachers — in large part because there are so few male teachers in early education to begin with. Social-emotional learning has given them vocabulary to express their feelings, said Greg Smedley-Warren, 45, a kindergarten teacher in Nashville. “It’s like unlocking a new market of potential educators.”The male kindergarten teachers said that from their perspective, the fulfillment of the job generally outweighed the negatives.

Persons: Greg Smedley, Warren, ” Brycial Williams, Ark, “, ” Dwayne Taylor, hasn’t, Thomas S, behaviorally, ”, Kevin Clifford, Richard V, Reeves, Clifford, Dwayne Taylor, Pedro Romanelli, Dallas Dwayne Taylor, aren’t, “ They’re, they’re, ” Keith Heyward Jr, ” Mr, Heyward, ” “, ’ ” Keith Heyward Jr, Mr, Nashville Dwayne Taylor, Howard Braden, Howard, Braden, Taylor, Daniel Saenz, Jeffrey Towle, Towle, ’ ”, ” Jeffrey Towle, “ It’s, Riley Lyons, David Feldman, Colin Sharkey, Lyons, Atlanta David Feldman, Saenz Organizations: Stanford, Dallas Research, Black, Army, Association of American Educators, Atlanta Locations: Nashville, Wynne, Frontenac, Kan, Yonkers, “, United, Dallas, Charleston, S.C, Warren, Ocala, Fla, Midlothian , Texas, Long Beach, Calif, Atlanta, St . Petersburg, St, Petersburg

☆ How to pay 0% tax on capital gains pulled from a brokerage account on up to $123,250 of qualified income
▼ + stars: | 2024-06-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

But, in some cases, you could withdraw from the account and incur zero capital gains tax if you remain within the IRS's specified income brackets, he noted. This means that if you're filing jointly, your income can be as much as $123,250 in 2024 — $29,200 income in tax-free income thanks to the standard deduction plus $94,050 in qualified investment income — and still pay 0% capital gains tax if you have no other income source, Hook noted. If your brokerage account allows you to sell by lots, you can select which shares to sell based on the capital gains they have accumulated, he added. This would allow you to withdraw more while keeping your capital gains low. State income tax rates aren't impacted and will vary depending on where you live.

Persons: Jeremy Schneider, wouldn't, Schneider hasn't, Schneider, Howard Hook, Hook, LIFO, that's Organizations: Service, CFP, CPA, IRS, Social Security

☆ American Express Buys Tock to Pursue Customers Shelling Out on Dining
▼ + stars: | 2024-06-21 | by ( Emily Schmall | More About Emily Schmall | ) www.nytimes.com time to read: +1 min

The credit card giant American Express has acquired Tock, a restaurant reservation and event management company, from the digital commerce platform Squarespace for $400 million, American Express said on Friday. The purchase of the reservation system in an all-cash deal shows that American Express is continuing its pursuit of the market for dining-related services, especially after its acquisition in 2019 of Resy, a rival of Tock, which is based in Chicago. The credit card company is acting on insights that its customers are spending prodigiously on eating out, it said in a statement. Restaurants were a growing spending category for American Express cardholders, reaching a “high watermark” of $100 billion in transactions in 2023, Howard Grosfield, president of the U.S. consumer services division, said in an interview on Friday. “The passion and interest in dining and dining-related experiences just continues to grow,” Mr. Grosfield said.

Persons: Howard Grosfield, Mr, Grosfield Organizations: Express, American Express Locations: Resy, Tock, Chicago

☆ The Dog Days of Summer Are Here Early. New York City Is Adapting.
▼ + stars: | 2024-06-21 | by ( Hilary Howard | ) www.nytimes.com time to read: +1 min

As spring turned to summer this week, extreme heat caught much of New York City by surprise, sending concerned residents to prepare for rising temperatures earlier than usual, while various city agencies, civic organizations and businesses have also been adjusting their seasonal calendars. As climate change extends the traditional summer and batters the city with spontaneous rain storms, many New Yorkers are discovering that they are not quite in sync with the weather anymore and have to rethink how to adapt to the passing months. Look no further than this week: The city has already activated its first heat emergency plan of the year, but school remains in session, pools have yet to open and public beaches are still staffing up with lifeguards. For the most part, New Yorkers made modest adjustments to their schedules, postponing outings or being cautious if they pressed ahead, exercising and running errands, for example, during the morning and the evening — the coolest parts of the day.

Organizations: New Yorkers Locations: New York City, New

☆ Nathan Hare, 91, Dies; Founded the First Black Studies Program
▼ + stars: | 2024-06-21 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Nathan Hare, a sociologist who helped lead a five-month strike by faculty and students at what is now San Francisco State University, resulting in an agreement in 1969 to create the country’s first program in Black studies, with him as its director, died at a hospital in San Francisco on June 10. His death was confirmed by the poet and playwright Marvin X, a close friend of Dr. Hare’s. He considered himself a Black nationalist, and in all three roles he clashed with both the establishment administrations and other factions on the political left, particularly Marxists. Dr. Hare was forced out of his job at Howard in 1967 after a public fight with its president, who wanted to accept more white students. The next year, he arrived at San Francisco State, which already had courses in “minority studies,” and immediately began pushing for an interdisciplinary program dedicated to studying the Black experience.

Persons: Nathan Hare, Marvin X, Dr, Hare’s, Hare Organizations: San Francisco State University, University of Chicago, Howard University, San Francisco State College, University, Howard, San Locations: San Francisco, San Francisco State

Meanwhile, Jefferies increased its price target on Ingersoll Rand. Nagel also lifted his price target by $10 to $120, which now suggests shares have upside of 25.6%. Analyst Jason Bednar kept his overweight rating on the dental health stock while slashing his price target by $45 to $330. — Alex Harring 5:56 a.m.: Jefferies raises Ingersoll Rand price target The outlook for Ingersoll Rand is looking brighter after a recent acquisition, according to Jefferies. Analyst Stephen Volkmann reiterated his buy rating on the industrial stock and raised his price target to $110 from $105.

Persons: D.A, Davidson, Jefferies, Ingersoll Rand, Oppenheimer, bullish, Brian Nagel, Nagel, — Alex Harring, Piper Sandler, Jason Bednar, Bednar, Howard Ma, Ma, Evercore ISI's Amit Daryanani, Stephen Volkmann, Fred Imbert, Rudy Kessinger, Kessinger, Palo, PANW, Alex Harring Organizations: CNBC, Palo Alto Networks, Nike, Technology, 2Q, Guggenheim, workloads, Jefferies, ILC, Palo, Network Security, Cloud Security, Security Locations: ILC Dover, Palo Alto, Palo

☆ Bloomberg Backs Biden With $20 Million Donation
▼ + stars: | 2024-06-20 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

Michael R. Bloomberg, who is the former mayor of New York City and a Democratic megadonor, has donated nearly $20 million to support President Biden’s re-election campaign, a Bloomberg representative said. Mr. Bloomberg gave $19 million to Future Forward, the main Democratic super PAC supporting Mr. Biden, and $929,600 to the Biden Victory Fund, a joint fund-raising committee between Mr. Biden and the Democratic National Committee, said Howard Wolfson, the Education program lead at Bloomberg Philanthropies. “I stood with Joe Biden in 2020, and I am proud to do so again,” Mr. Bloomberg said in a statement. Mr. Bloomberg, who spent $1 billion of his own money on his failed presidential campaign in 2020, ultimately backed Mr. Biden in the Democratic primary that year and was a significant financial supporter of his campaign. He spent tens of millions of dollars through his political action committee on television ads supporting Mr. Biden and vowed to spend heavily in Florida, which then-President Donald J. Trump ultimately won by about three percentage points.

Persons: Michael R, Biden’s, Biden, Howard Wolfson, Bloomberg Philanthropies, “, Joe Biden, ” Mr, Bloomberg, Donald J, Trump Organizations: Bloomberg, Democratic, PAC, Mr, Biden, Fund, Democratic National Committee, The Washington Post Locations: New York City, Florida

☆ New analysis reveals Donald Trump’s Truth Social media diet
▼ + stars: | 2024-06-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

New York CNN —Donald Trump can’t quit Fox News. Comparatively, Trump posted 26 video clips from the upstart internet streamer Right Side Broadcasting Network, 11 videos from the pro-Trump cable channel Newsmax, and 5 from the far-right Real America’s Voice. He posted eight links to Real America’s Voice, only three to Breitbart, and one to the New York Post. Indeed, Polskin’s analysis pulls back the curtain on how Trump works the media. The warped feedback loop is yet another way in which he exploits the media for his own ends.

Persons: Donald Trump can’t, Trump, Rupert, Lachlan Murdoch, ”, Howard Polskin, Breitbart, Polskin, Biden, ” Polskin, bashed Murdoch Organizations: New York CNN, Fox News, Republican, Fox News Channel, Broadcasting Network, Trump, Real America’s, New York, Real America’s Voice, Washington Examiner, Washington Times, Associated Press, The New York Times, CNN, Washington Post, POLITICO, NBC News, Yorker, Reuters, “ Locations: New York, FoxNews.com

☆ Opinion: Juneteenth, Haiti and the power of reinvention
▼ + stars: | 2024-06-19 | by ( Opinion Nadine Pinede | ) edition.cnn.com time to read: +11 min

Juneteenth is a celebration of that hard-fought Black freedom, observed in honor of June 19, 1865 when slaves in Galveston, Texas, first learned from Union soldiers that they were free. Like my parents growing up in Haiti, she was used to seeing Black people in positions of power. She had freed herself from unjust rules meant to restrict education for Black Americans. Mark Felix/AFP/Getty ImagesIn Haiti, Hurston’s creative powers had the time and freedom to unfurl. As the author of “Barracoon,” a book based on interviews with one of the last enslaved Black Americans, Hurston almost certainly understood the significance of Juneteenth.

Persons: Nadine Pinede, ”, Nadine Pinede Sophie Kandaouroff, Lincoln, Juneteenth, “, Jim Crow, Zora Neale Hurston, Hurston, Lynne Sladky, she’d, Little, Barnard, Langston Hughes, Hurston unapologetically, Zora, Mark Felix, Lucille, Toussaint Louverture, Jean, Jacques Dessalines, Henri Christophe, Alice Walker, Walker Organizations: Scholastic Education, Haiti Noir, CNN, Union, Black, Black American, La Force, Howard University, Barnard College, Harlem Renaissance, verve, Guggenheim Fellowship, Guggenheim, Getty, La, Magazine Locations: Haiti, ”, Haitian, Galveston , Texas, Africa, Texas, Caribbean, France, United States, Black, American, Eatonville , Florida, Miami , Florida, Little Haiti, Baltimore, Washington, New York City, Jamaica, AFP, Long

☆ Willie Mays, supreme baseball talent among the best to ever play, dies at 93
▼ + stars: | 2024-06-19 | by ( David K. Li | ) www.cnbc.com time to read: +11 min

San Francisco Giants great Willie Mays waves his hat as he rides around the track of Oracle Park, Friday, May 7, 2021, in San Francisco,. Focus On Sport | Getty ImagesA 1981 song and ode to America's pastime by Terry Cashman was appropriately titled "Talkin' Baseball: Willie, Mickey & The Duke." "I can't believe that Babe Ruth was a better player than Willie Mays," all-time pitching great Sandy Koufax once said. Willie Mays Hays here: Play like Mays and I run like (Olympic gold medal sprinter Bob) Hayes. Outfielder Willie Mays #24 of the San Francisco Giants rounds second base during a circa early 1970's Major League Baseball game.

Persons: Willie Mays, Santiago Mejia, Barack Obama, of Famer Willie Mays, Chip Somodevilla, Mays, Bobby Thomson, Thomson, Scot, Bobby, — Mays, Mickey Mantle, Duke Snider, Terry Cashman, Willie, Mickey, Willie Howard Mays, steelworker William Howard, Anna Mays, Eddie Montague, Montague, Leo Durocher, Barry Bonds, —, Babe Ruth, Bonds, Sandy Koufax, Ruth, Arnold Palmer, Deron Johnson, Reggie Jackson —, Hall, Hall of famer Willie Mays, Jamie Squire, Yogi Berra, James Hirsch, Joan Payson, Payson, Payson wouldn't, Mantle, Bowie Kuhn, Peter Ueberroth, Ueberroth, Mantle's banishments, Kuhn, Charles Schultz, Charlie Brown, John Fogerty's, Ty Cobb, Joe DiMaggio, Wesley Snipes, Willie Mays Hayes, Willie Mays Hays, Bob, Hayes, Sisko, Donna Reed Organizations: San Francisco Giants, Oracle, San Francisco Chronicle, Hearst Newspapers, Getty, Baseball, of Famer, National, Giants, Brooklyn Dodgers, National League, New, Armed Forces Radio, Dodgers, Yankees, New York, York City, Apple, New York City, Hall of Fame, New York Mets, Shea, Los Angeles Dodgers, Birmingham Black Barons, Negro League, Barons, Mets, Oakland A's, Hall of famer, Kansas City Royals, Oakland, Thomson, New York Giants, GQ, MLB, Hotel, Claridge, Olympics, Los Angeles Times, Houston Astros, Bettmann, Major League Baseball Locations: San Francisco, Washington ,, New York, U.S, Korea, New, Flushing , New York, Westfield , Alabama, Mays ', York, America, Flushing , Queens, Atlantic City, Southern California, Northern California

Dara Treseder, CMO, AutodeskAutodeskSince joining Autodesk in 2022, Treseder has been instrumental in driving brand awareness for the design industry software company, boosting new business, and increasing customer satisfaction scores. Her efforts have helped Autodesk exceed its marketing-contributed pipeline targets by 41% and increase campaign conversion rates by 30%, the company said. In 2023, Treseder led five attention-grabbing brand activations that reached 178 million people, improved brand reach by 4%, and boosted web traffic referrals from social media by 44%. Treseder has also been shepherding the launch of Autodesk's generative AI 3D-modeling technology. Treseder has been particularly successful in driving growth for Autodesk's education business, with users increasing by 20 million since she joined the company.

Persons: Dara Treseder, Treseder, That's Organizations: Autodesk Autodesk, Autodesk, Marvel, New York Times, Design, Howard University, Public Health Institute, Autodesk Foundation Locations: Las Vegas, South Africa

☆ Boeing hid questionable parts from regulators that may have been installed in 737 Max planes, new whistleblower alleges
▼ + stars: | 2024-06-18 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +11 min

Boeing has been under intense scrutiny with numerous federal investigations and congressional hearings since a January 5 Alaska Air Boeing 737 Max flight had a door plug blow off, leaving a gaping hole in both the plane and Boeing’s reputation. He also claims Boeing in August 2023 told employees to delete records about nonconforming parts, which led him to complain – but Boeing took no action. Jason Redmond/ReutersAt an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.

Persons: Sam Mohawk, ”, Dave Calhoun, Calhoun, We’ve, Sen, Richard Blumenthal, Blumenthal, ” Blumenthal, “, Max, Howard McKenzie, Boeing’s, Jason Redmond, Sam Salehpour, ” Salehpour, ” Calhoun’s, Richard Aboulafia, “ I’m, Calhoun’s Organizations: Washington CNN, Boeing, Federal Aviation Administration, Congressional, CNN, Alaska Air Boeing, Max, Connecticut Democrat, FAA, Reuters, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Connecticut, Mohawk, Renton, Alaska, Indonesia, Ethiopia

☆ 'Robust growth opportunity': Citi loves this global stock as it pivots to AI data centers
▼ + stars: | 2024-06-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Industrial property firm Goodman Group is converting its traditional warehouses into data centers to meet the surging demand for artificial intelligence infrastructure. Citi believes this trend will likely drive "double-digit medium-term earnings growth" and has added the Australian stock to its "Pan-Asia Focus list." Data centers are large buildings that house critical computing infrastructure and equipment. "As it progresses opportunities in data centers, it is likely to deliver a large range of products from powered sites and turnkey projects." Electricity has been a key bottleneck preventing many data centers from further expansion.

Persons: Howard Penny, Goodman Organizations: Goodman Group, Citi, GMG Locations: Asia, Sydney, United States, Australia, Japan, Hong Kong, Singapore

☆ Boeing CEO admits company has been ‘far from perfect’ after a flood of safety lapses
▼ + stars: | 2024-06-17 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +6 min

At an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. Calhoun has already met with members of Congress since the Alaska Air incident, albeit behind closed doors. He has also made numerous public statements to Boeing employees and to investors since the Alaska Air incident. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.

Persons: Dave Calhoun, We’ve, Stephen Brashear, Calhoun, Howard McKenzie, Boeing’s, Sam Salehpour, ” Salehpour, ” Calhoun, “, ”, Richard Aboulafia, “ I’m, Calhoun’s, Max Organizations: Washington DC CNN, Boeing, Alaska Air Boeing, Max, Federal Aviation Administration, Getty, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Alaska, Indonesia, Ethiopia

☆ One private equity firm controls more than a dozen of the biggest restaurant chains
▼ + stars: | 2024-06-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThere's a good chance that just one private equity firm owns one of your favorite restaurant chains. Over the last quarter-century, Roark Capital Group has bought up nearly 20 restaurant brands in the US. Its latest acquisition happened last year when it acquired Subway, which operates the most stores out of any restaurant chain in the US. AdvertisementThe private equity firm also has investments in The Cheesecake Factory, which is publicly traded, as well as midwestern burger chain Culver's. AdvertisementWhile Roark owns a lot of restaurant brands, it's hardly the only private equity player in the industry.

Persons: —, Carl's Jr, Dunkin, Tyler Le, Roark, Jimmy John's, Auntie Anne's, Howard Roark, Ayn, TriArtisan Organizations: Buffalo Wild Wings, Roark Capital Group, Service, Business, Roark Capital, Hooters, TriArtisan Capital, Bay Capital Locations: Subway, Arby's, Carl's, Atlanta, Ayn Rand's, Nestle, Mars

☆ Inside Schonfeld's macro shake-up: Research turnover, PM changes, and a shift away from big bets
▼ + stars: | 2024-06-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A move away from big-time directional strategies is not a surprise. Plenty of funds that made their name on bold macro predictions have been humbled in the last 18 months. At Schonfeld, macro is still somewhat new for the firm. Several people familiar with the firm told Business Insider that he lost money while at the manager.

Persons: —, Colin Lancaster, Brent Cook, Eisler, Igor Ninkovic, Jaime Valle, Jerome Saragoussi, Ben Melkman, Brevan Howard, Jordan Barnes, Rahul Mehra, Karthikeyan, Yasmin Sahin, Said Haidar's, Sharpe, Lancaster, Melkman, Marc Tishfield Organizations: Service, Business, United Arab Emirates, Schonfeld, Bridgewater, Barclays, Citi, Matador Investment Management, Millennium Locations: York, Europe, Dubai, London, Bridgewater, Melkman, Schonfeld, New York

☆ This one private equity firm owns over a dozen of your favorite restaurants
▼ + stars: | 2024-06-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThere's a good chance that just one private equity firm owns one of your favorite restaurant chains. Its latest acquisition happened last year when it acquired Subway, which operates the most stores out of any restaurant chain in the US. But Roark's holdings include other restaurants that you've probably visited before:Roark Capital owns almost 20 restaurant brands, from Carl's Jr. to Dunkin'. AdvertisementThe private equity firm also has investments in The Cheesecake Factory, which is publicly traded, as well as midwestern burger chain Culver's. AdvertisementWhile Roark owns a lot of restaurant brands, it's hardly the only private equity player in the industry.

☆ Corporate America may soon be handed a large bill for all the buybacks it has been doing
▼ + stars: | 2024-06-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The public comment period for the Treasury Department's rule formalizing the 1% tax on buybacks closed Tuesday. That means some of the largest companies in America may soon be getting a tax bill. The goal seems to be to discourage corporate America from buying back stock and instead invest more in hiring people and making capital expenditures. "We have a good shot at beating that old record this year," Silverblatt from S & P Global tells me. Higher growth means companies will be more willing to invest in hiring more people and making capital expenditures.

Persons: Joe Biden, Howard Silverblatt, Silverblatt, Biden Organizations: Treasury, Apple, Microsoft, Exxon Mobil, Wells, Chevron, & $ Locations: America

☆ Dr. Fillit on Eli Lilly's Alzheimer's drug: Really having breakthroughs & success for the first time
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDr. Fillit on Eli Lilly's Alzheimer's drug: Really having breakthroughs & success for the first timeDr. Howard Fillit, Alzheimer’s Drug Discovery Foundation co-founder and chief science officer, joins 'Squawk Box' to discuss news of FDA panel's approval of Eli Lilly's Alzheimer's drug Donanemab, the future of Alzheimer's treatments, and more.

Persons: Fillit, Eli Lilly's Alzheimer's, Howard Fillit, Eli Lilly's Organizations: Discovery Foundation, FDA

☆ The Quiet Voice in R.F.K. Jr.’s Ear: A Former Aide to the Clintons
▼ + stars: | 2024-06-10 | by ( Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

In his outsider bid for the White House, Robert F. Kennedy Jr. is flanked by a team of unlikely political characters: new age health gurus, anti-vaccine activists, social media influencers, veterans of fringe third-party campaigns, cryptocurrency evangelists and militant environmentalists. Now a Hollywood screenwriter, Mr. Carson, 47, has the résumé of a Democratic insider. He was the press secretary for Hillary Clinton’s 2008 presidential campaign. He worked for Bill Clinton, Chuck Schumer, Tom Daschle, Howard Dean and Michael Bloomberg. But over the past year, he has become a quiet, steadying force behind a candidate who is at war with the Democratic Party.

Persons: Robert F, Kennedy Jr, Jay Carson, Carson, Hillary Clinton’s, Bill Clinton, Chuck Schumer, Tom Daschle, Howard Dean, Michael Bloomberg, Anita Dunn, Biden, “, Kennedy, — Organizations: White, Democratic, “, Democratic Party Locations: Hollywood, Topanga Canyon, Calif

☆ Starbucks is teaming up with an Oscar-winning producer to make Hollywood-style movies and series
▼ + stars: | 2024-06-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Read previewAdd Starbucks to the growing list of brands trying to crack Hollywood. The coffee company announced on Monday the creation of Starbucks Studios to create original entertainment. Related storiesIt's working with Sugar23 — the production company headed by Michael Sugar, best known for the Oscar-winning "Spotlight" — to develop projects. Starbucks' forays into original entertainment go back to 2016, when it released "Upstanders," a series of 10 written, video, and podcast stories about people creating positive change. "Starbucks is being very bold with this but really very smart … You can't reach 30 million people on NBC anymore."

Persons: —, Christy Cain, Sugar23, Michael Sugar, Sugar, Trevor Noah's, Max, Ron Howard, Brian Grazer's, Reese Witherspoon's Organizations: Service, Starbucks Studios, Business, InBev, Procter & Gamble, Time Studios, Productions, Amazon's, Tribeca, NBC, Brands, Netflix, Apple Locations: Rwanda

☆ Starbucks is teaming up with an Oscar-winning producer to make movies and series
▼ + stars: | 2024-06-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

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