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☆ British Chamber of Commerce in Germany: Brexit continues to have negative impact
▼ + stars: | 2024-04-19 | 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 EmailBritish Chamber of Commerce in Germany: Brexit continues to have negative impactMichael Schmidt, president of the British Chamber of Commerce in Germany, discusses a report that found Brexit continues to negatively weigh on business and trade in the U.K. and European Union.

Persons: Brexit, Michael Schmidt Organizations: British, of Commerce, British Chamber of Commerce, Union Locations: Germany

☆ Denny Walsh, Reporter Who Tussled With Mayors and Editors, Dies at 88
▼ + stars: | 2024-04-19 | by ( Michael S. Rosenwald | ) www.nytimes.com time to read: 1 min

Denny Walsh, a Pulitzer Prize-winning investigative reporter who was a consummate nuisance to mobsters, corrupt politicians and his editors, especially at The New York Times, which fired him, died on March 29 at his home in Antelope, Calif., a suburb of Sacramento. His daughter, Colleen Bartow, confirmed the death. She said he had been suffering from several respiratory ailments. Mr. Walsh began his career in 1961 at The St. Louis Globe-Democrat, where he hot-dogged around the newsroom smoking cigars and used the floor as his ashtray. “His laugh was loud and uncontrolled and bordered on the malicious.”

Persons: Denny Walsh, Colleen Bartow, Walsh, Louis, “ Walsh, Pat Buchanan Organizations: The New York Times, Louis Globe, Democrat Locations: Antelope, Calif, Sacramento, The St

☆ Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
▼ + stars: | 2024-04-19 | by ( Ari Levy | ) www.cnbc.com time to read: +2 min

Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. MicroStrategy founder and bitcoin evangelist Michael Saylor entered into a stock-sale plan with his company last summer that allowed him to unload up to 400,000 shares in the first four months of 2024. With the plan more than 90% of the way to completion, Saylor has netted about $370 million from this year's stock sales, thanks to the stratospheric rise in value of MicroStrategy, which is effectively a bitcoin holding company. Saylor is the largest MicroStrategy shareholder, with Class B holdings worth about $2.3 billion. At the end of 2023, Saylor owned another 400,000 Class A shares due to an option he received in 2014.

Persons: Michael Saylor, Saylor, MicroStrategy, unexercised Organizations: CNBC Locations: Miami Beach , Florida

☆ Israel and Iran: All-out war, or measured retaliation?
▼ + stars: | 2024-04-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Atta Kenare | AFP | Getty Imageswatch nowBut a full-blown conventional war would be devastating to both sides and highly destabilizing for the Middle East. Are these tit-for-tat blows between Israel and Iran clear evidence of all-out war, or carefully calibrated retaliation strikes? "With Israel's apparent strikes on Iran today, retaliating for Iran's attack on Israel last Sunday, we now have a direct nation-on-nation hot war," he told CNBC's "Capital Connection" Friday. 'Ball is back in Iran's court'Not everyone agrees that the line into wider war has been crossed, however. Within hours of the Israeli strikes, risk assets were already on their way back down, with international oil benchmark Brent crude turning lower for the session after a brief spike.

Persons: Atta Kenare, Benjamin Netanyahu, Joe Biden, Netanyahu, Ebrahim Raisi, Clay Seigle, CNBC's, Ehud Olmert, CNBC's Dan Murphy, Olmert, Ian Bremmer, Michael Singh, Israel, Rob Casey, Casey Organizations: AFP, Getty, Washington, Rapidan Energy Group, Israeli, Military, Israel, Eurasia Group, National Security Council, Wall Street, Signum Global Advisors, Anadolu, International Atomic Energy Agency, Brent Locations: Palestine Square, Tehran, Israel, Iran, U.S, Damascus, Gulf of Oman, Hormuz, Anadolu

☆ CNBC Markets Now: April 19, 2024
▼ + stars: | 2024-04-19 | 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 EmailCNBC Markets Now: April 19, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Legendary Formula 1 driver Michael Schumacher’s watch collection is going on sale
▼ + stars: | 2024-04-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Eight of Formula One legend Michael Schumacher’s luxury and personalized watches are going up for auction – and they could sell for more than $4.8 million in total. The Rolex stainless steel Paul Newman Daytona watch was named after the Daytona International Speedway in Florida, according to auction house Christie's head of Watches Remi Guillemin. Christie's Images LTD. 2024The collection will form part of Christie’s traditional rare watches auction, consisting of vintage and modern pieces of high-caliber watchmaking from brands such as Audemars Piguet, F.P. Christie's Images LTD. 2024The platinum Vagabondage 1 watch was also a gift from Todt, but for the following Christmas. “These watches (are) for people who are following Formula One, who have followed, like I have, Michael Schumacher when he was racing.

Persons: Michael Schumacher’s, ”, Remi Guillemin, “ We’re, Paul Newman Daytona, Journe, Paul Newman, Guillemin, Jean Todt, chronograph, Schumacher, Christie’s, Michael Schumacher, Todt, Ferrari, ” Guillemin, Corinna, Michael Organizations: CNN, Miami Grand Prix, Daytona, Rolex, Paris Brain Institute, Foundation, Netflix Locations: New York, Geneva, Switzerland, Florida

☆ The man who led Google Photos to 1 billion users is now the newest group partner at Y Combinator
▼ + stars: | 2024-04-18 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.

Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport

☆ This first-time mom landed her dream C-suite job while pregnant—and almost said no. What changed her mind
▼ + stars: | 2024-04-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Nada Noaman became a C-Suite leader at The Estée Lauder Companies just weeks after learning she was pregnant with her first child. When Nada Noaman landed her dream C-suite job at The Estée Lauder Cos. just hours after finding out she was pregnant, she felt unbridled joy — and panic. Nada Noaman at a baby shower her co-workers threw for her right before she went on maternity leave in December 2022. Estée Lauder offers full-time corporate employees in the U.S. up to 20 weeks of paid parental leave at their normal pay. "Having a solid support system at work and having a clear game plan months ahead of time made all the difference."

Persons: Nada Noaman, Lauder, Lauder Cos, …, Noaman, Estée, didn't, —, Michael Smith, Estèe, Estée Lauder, Smith, Noaman's, Estèe Lauder, Nada Organizations: Lauder Companies, U.S Locations: New York, Los Angeles, U.S

☆ CNBC Markets Now: April 18, 2024
▼ + stars: | 2024-04-18 | 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 EmailCNBC Markets Now: April 18, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

☆ CNBC Markets Now: April 17, 2024
▼ + stars: | 2024-04-17 | 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 EmailCNBC Markets Now: April 17, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Israel will probably want to impose significant cost on Iran but also signal de-escalation: Analyst
▼ + stars: | 2024-04-17 | 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 EmailIsrael will probably want to impose significant cost on Iran but also signal de-escalation: AnalystMichael Singh, managing director of the Washington Institute and former senior director of Middle East affairs at the National Security Council, discusses Iran's drone and missile attack on Israel.

Persons: Michael Singh Organizations: Washington Institute, National Security Council Locations: Iran, Israel

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicA Times investigation shows how the country’s biggest technology companies, as they raced to build powerful new artificial intelligence systems, bent and broke the rules from the start. Cade Metz, a technology reporter for The Times, explains what he uncovered.

Persons: Cade Metz Organizations: Spotify, Times, The Times

☆ CNBC Markets Now: April 16, 2024
▼ + stars: | 2024-04-16 | 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 EmailCNBC Markets Now: April 16, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ CNBC Markets Now: April 15, 2024
▼ + stars: | 2024-04-15 | 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 EmailCNBC Markets Now: April 15, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Insider Today: Landlords' secret weapon
▼ + stars: | 2024-04-14 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

That chase, and Simpson's subsequent murder trial, changed media forever. A year later, 150 million would watch the jury declare a shocking not guilty verdict. Also read:AdvertisementEmrah_Oztas/ Getty Image, eGreg Bajor/Getty Image, Aleksey Balatskiy/Getty Image, Cici Morosanu/500px/Getty Image, Busà Photography/Getty Image, Abanti Chowdhury/BILandlords' secret weaponBig-time apartment owners have a secret weapon: RealPage, a company that sells software to property managers to help them set rents and juice their profits. Some Spotify staff told BI the company is spending too much on lavish events, especially as it looks to cut even more costs. This week's quote:Advertisement"As a personality hire, you can get away with not being as competent and doing half of your job."

Persons: —, ChatGPT, O.J, Simpson, Bundy, Sheriff Roland Jex, Christopher Darden, VINCE BUCCI, Nicole Brown Simpson, Ron Goldman, Ford Bronco, Robert Kardashian, Goldman, Michael Socolow, Rupert Murdoch, Rebecca Zisser, eGreg Bajor, Aleksey Balatskiy, Cici, Abanti Chowdhury, Jia Feng, Sam Smith, Charli XCX, Daniel Bennett Organizations: Service, Business, Aris, Getty, University of Southern, NFL, Ford, CNN, Fox, RealPage, Spotify Locations: America, ANGELES , CA, Rockingham, Los Angeles , CA, AFP, University of Southern California, London

☆ Stocks are undergoing a needed, and (so far) modest, pullback in a longer-term bull market
▼ + stars: | 2024-04-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The result was a 1.5-percent weekly drop in the S & P 500 , with Friday's setback exacerbated at least somewhat by a collective clenching-up of risk markets on some geopolitical worry. This dynamic hasn't been reversed, but the signal has grown a bit staticky, draining some conviction from the macro bullish case with the S & P 500 still 24% above the October low. Bull market's backdrop First, it's a bull market, and not a particularly mature or excessively generous one yet. Yet both stocks are still outperforming the S & P this year. The S & P 500 closed Friday at exactly the same level of five weeks earlier, on March 8 – which was perhaps the moment of maximum investor confidence in the "we can have it all" thesis.

Persons: I've, Jerome Powell, Powell, Wall, it's, We're, John Butters, Fastenal, Scott Chronert Organizations: Federal, ICE, Treasury, CPI, Fed, Grainger, Citi

☆ Ohtani’s Dizzying 3 Weeks End in Exoneration by Authorities
▼ + stars: | 2024-04-13 | by ( Tim Arango | Michael S. Schmidt | ) www.nytimes.com time to read: 1 min

In the clubhouse after the Los Angeles Dodgers won their season opener in Seoul last month, Shohei Ohtani’s longtime interpreter, Ippei Mizuhara, made a stunning admission to the team: He was a gambling addict, and Ohtani had paid his debts to a bookmaker. Ohtani, who is not fluent in English, listened but failed to fully grasp what Mizuhara said. He knew enough to grow suspicious, however, and he wanted answers. A couple of hours later, around midnight, Ohtani finally had the chance to pull Mizuhara into a conference room in the basement of the Fairmont Ambassador Hotel in Seoul. With just the two of them there, Mizuhara leveled with his boss: He had accrued enormous debts to the bookmaker and had been stealing the baseball star’s money to pay them off.

Persons: Shohei Ohtani’s, Ippei Mizuhara, Ohtani, Mizuhara Organizations: Los Angeles Dodgers Locations: Seoul, Fairmont

☆ Watch CNBC's full interview with Wells Fargo CFO Michael Santomassimo after earnings
▼ + stars: | 2024-04-12 | 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 EmailWatch CNBC's full interview with Wells Fargo CFO Michael Santomassimo after earningsMichael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss why there isn't a higher forecast for net interest income, how the company is looking at commercial real estate, and more.

Persons: Wells, Michael Santomassimo

☆ CNBC Markets Now: April 12, 2024
▼ + stars: | 2024-04-12 | 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 EmailCNBC Markets Now: April 12, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Wells Fargo CFO: We feel better about the year's forecast than we did in January
▼ + stars: | 2024-04-12 | 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 EmailWells Fargo CFO: We feel better about the year's forecast than we did in JanuaryMichael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss why there isn't a higher forecast for net interest income, how the company is looking at commercial real estate, and more.

Persons: Michael Santomassimo, Wells Organizations: Wells

☆ How OJ Simpson’s ‘trial of the century’ reshaped the national media and opened the door to Donald Trump’s presidency
▼ + stars: | 2024-04-12 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

But the impression that Simpson’s all-consuming trial had on shaping the modern media environment cannot be overstated. Simpson’s trial gave way to a media landscape dominated by salacious reality television and talking head-driven cable news. It’s difficult to imagine Trump being elected to the White House without the three-legged stool that Simpson’s trial played a crucial role in building. Reality TV had started earlier, but after Simpson there was a massive profusion of ‘Reality TV,’” Socolow said in an email. “That’s how ‘The Apprentice’ gave Donald Trump a comeback in American culture, and he rode his reality TV stardom to the White House.”

Persons: New York CNN — O.J, Simpson, Donald Trump, Nicole Brown Simpson, Ronald Goldman, Simpson’s, Jeffrey Toobin, Nancy Grace, Greta Van Susteren, Dan Abrams, Harvey Levin, Gregg Jarrett, Al Cowlings, Allen J, Lance Ito’s, Robert Kardashian, Kardashian, Peter Jennings, Tom Brokaw, Andy Lack, ”, Michael Socolow, Rupert Murdoch, Socolow, “, Ted Turner, Murdoch, Trump, “ Simpson, ” Socolow Organizations: New York CNN, National Football League, Patrol, Bronco, Los Angeles Times, CNN, Court TV, The New York Times, NBC, University of Maine Communications, Fox, Fox News, TV Locations: New York, Los Angeles, California, Brentwood, The, Australian

☆ CNBC Markets Now: April 11, 2024
▼ + stars: | 2024-04-11 | 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 EmailCNBC Markets Now: April 11, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Prosecutors Say Ohtani’s Interpreter Stole $16 Million From Star
▼ + stars: | 2024-04-11 | by ( Tim Arango | Michael S. Schmidt | ) www.nytimes.com time to read: +1 min

Federal prosecutors released a detailed complaint on Thursday that claimed Ippei Mizuhara, the former interpreter for Shohei Ohtani, orchestrated a sprawling scheme over years to steal $16 million of the baseball star’s money to feed his gambling addiction. The money that Mizuhara took from Ohtani came directly from an account where Ohtani’s baseball salary was paid, the authorities said. “There’s no indication Mr. Ohtani authorized the $16 million from his account to the bookmakers,” said E. Martin Estrada, the U.S. attorney for the Central District of California. The authorities charged Mizuhara with bank fraud, for which the maximum penalty is 30 years in prison. The complaint contains a message sent by Mizuhara in which he admits to a bookmaker that he stole the money from Ohtani.

Persons: Ippei Mizuhara, Shohei Ohtani, Mizuhara, Ohtani, “, ”, Martin Estrada Organizations: Central, Central District of, Mizuhara Locations: U.S, Central District, Central District of California, Ohtani

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