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CNN —Qatar announced Saturday that it has paused its role as a mediator for a ceasefire in Gaza between Israel and Hamas due to a lack of willingness by the sides to reach an agreement. After months of stop-and-go negotiations, efforts to reach a ceasefire and hostage release deal – a top priority for President Joe Biden – remain stalled. Officials in Doha have also decided to close Hamas’ political office in the Qatari capital, a diplomat familiar with the decision told CNN. In April, Doha made a similar move in temporarily closing the Hamas office. As talks faltered, the Biden administration and Israel asked Doha to bring them back, the diplomat told CNN.
Persons: Majed Al, Ansari, Joe Biden –, “⁠, , , , Hersh Goldberg, Polin, Biden, CNN’s Ibrahim Dahman, Kylie Atwood, Jennifer Hansler Organizations: CNN — Qatar, Qatari Foreign Ministry, Officials, CNN, ⁠ Doha, Qatar, White House National Security Council, “ Qatar, Qatari, Al, Israel Locations: Gaza, Israel, The State, Qatar, Doha, Cairo, Turkey
“Hamas is a terrorist group that has killed Americans and continues to hold Americans hostage,” a senior administration official told CNN. The final impetus for Qatar agreeing to kick Hamas out came recently after the death of American-Israeli hostage Hersh Goldberg-Polin and Hamas’ rejection of yet another ceasefire proposal. Exactly when Hamas operatives would be exiled out of Qatar – and where they would go – are unclear. One US official told CNN the group has not been given an extended amount of time to leave the country. Earlier this year, the Justice Department charged several senior Hamas leaders over the October 7 terrorist attack on Israel.
Persons: Joe Biden –, , , Hersh Goldberg, Polin, Khaled Meshaal, Antony Blinken Organizations: CNN, Qatar, Doha –, Qatari, Qatar –, Justice Department Locations: Qatari, Doha, Israel, Qatar, Turkey, Gaza
Jim Justice won the state’s open Senate seat Tuesday, NBC News projects, moving Republicans one step closer to flipping the balance of power in the chamber. Justice faced little competition from Wheeling Mayor Glenn Elliott, a Democrat, in a race that Republicans were heavily favored to win after the retirement of independent Sen. Joe Manchin, who left the Democratic Party in May. Justice won election as governor in 2016, the year Trump won the state by more than 42 percentage points. After months of publicly clashing with his party, Manchin announced he wouldn’t seek re-election. But Justice cruised to victory, defeating Mooney by 35 points in May, and faced little political opposition since.
Persons: Jim Justice, Wheeling Mayor Glenn Elliott, Sen, Joe Manchin, Kamala Harris, Donald Trump, Trump, Justice, Manchin, wouldn’t, Alex Mooney, Mooney Organizations: West Virginia Republican Gov, NBC News, Wheeling Mayor, Democrat, Republicans, Democratic Party, GOP, Senate, House, Democrats, Republican, Trump, Justice, Club for Growth
Business Insider selected 25 young professionals 35 and under for its rising stars of Wall Street list. AdvertisementThere's no shortage of colorful characters depicting Wall Street. Two of those are fictional movie characters, and one was based on real person, but they have all shaped the public's perception of what working on Wall Street could be like. We asked up-and-comers on Wall Street about the shows, movies, or books that best represent their daily lives. Here are the shows, movies, or books that give a flavor of what it's like to work on Wall Street.
Persons: , Mark Zhu, There's Organizations: Service, Blackstone
CIA Director Bill Burns was in Cairo on Thursday for discussions on Gaza and Lebanon, including a meeting with Egyptian President Abdel Fattah El-Sisi. The US envoys also met Israeli defense minister Yoav Gallant to discuss “security arrangements” related to northern Israel, Lebanon and the return of hostages from Gaza. That makes it likely the war in Gaza will continue shadowing the US contest in its final days. Israeli Prime Minister Benjamin Netanyahu speaks at the opening of the 25th Parliament session in Jerusalem on October 28, 2024. The White House offered the same message; National Security Council spokesperson Sean Savett said purported drafts shared online do not reflect the current state of ceasefire talks.
Persons: Benjamin Netanyahu, , Najib Mikati, Netanyahu, Biden, , Bill Burns, Abdel Fattah El, Amos Hochstein, Brett McGurk, Hochstein, McGurk, Israel, Yoav Gallant, Kamala Harris ’, , ” Harris, Debbie Hill, Harris, Burns, Yahya Sinwar, David Barnea, Mohammed bin Abdulrahman, Lebanon’s Mikati, Sean Savett, CNN’s Lauren Izso, Alex Marquardt, Mostafa Salem Organizations: CNN, American, CIA, White, , University of Wisconsin -, Getty, Democratic, Hamas, Qatari, Hezbollah, White House, National Security Locations: Gaza, Lebanon, Israel, Cairo, Iran, Madison, University of Wisconsin - Madison, , Jerusalem, AFP, United States, Qatar, Egypt, Doha, Mohammed bin Abdulrahman al Thani, ” Israel
CNN has reached out to Terada for comment on the R-FBI’s role in Russian disinformation efforts, and ties to the state. Storm-1516 and R-FBI network members have spread at least 54 different disinformation narratives online since August 2023, according to Clemson and CNN’s analysis. “Does anyone believe that an American would be the spearhead of what some call the biggest Russian Disinformation operation since the cold war? TelegramAnother prominent figure in propagating Russian disinformation is American Tara Reade, a former Senate staffer who in 2020 accused then-presidential candidate Joe Biden of sexual harassment. The links between Terada’s group and other Russian disinformation efforts are at best opaque, which is likely no accident.
Persons: , Yevgeny Prigozhin, Wagner, Mira Terada, Kamala Harris, Tim Walz, Harris, Walz, Morgan Finkelstein, “ Vladimir Putin, Donald Trump, Trump, , Win McNamee, ” Darren Linvill, Patrick Warren, , Biden, Warren, Kamala, Influencers, John Mark Dougan, Dougan, he’s, Andrew Harnik, MAGA, IMbaMm8YVF, Darren Linvill, Linvill, ” Clemson, Maxim Shugaley, Terada, Vladimir Putin’s “, ” Prigozhin, Konstantin Pridybaylo, Ruslan Ostashko, Colin Gerard, Gerard, Alexander Dugin, picturing, Tara Reade, Joe Biden, Reade, ” Chay Bowes, Simeon Boikov, podcaster, Bowes, ” Warren, Sean Lyngaas, influencers Organizations: CNN, Clemson University’s, Russian Foundation, FBI, Storm, Democratic, Minnesota Gov, Clemson, Getty, NBC, Wired, Prigozhin’s, Internet Research Agency, Miami Chronicle, Boston Times, DC, IRA, Russian, Gov, National Intelligence, US State Department, Minnesota, Apple, Trump, Infrastructure Security Agency, , Federal Bureau, Investigation, Kremlin, Wagner Group, US Justice Department, ANO Dialog, BRICS Journalists Association, Washington Post, Center, Forensics Locations: Russian, Ukraine, West, San Francisco, Zambia, Savannah , Georgia, , , American, Zambian, St . Petersburg, Florida, Moscow, Russia, Kazakhstan, Minnesota, Philadelphia , Pennsylvania, Bucks County , Pennsylvania, Bucks County ,, French, Irish, Sydney, European
When I went down, they put me inside a tank and began interrogating me about my statements and contact with the media,” Abu Safiya recounted. Israeli forces cut off the hospital’s electricity and solar power supply and prevented staff from accessing the water well, he said. Two children on ventilators died after the Israeli military blew up the hospital’s oxygen supply, Abu Safiya said. Three members of the hospital’s nursing staff were injured by sniper fire with facial, neck and chest injuries. “The situation is extremely tragic and terrifying, and the bombing is continuous,” Abu Safiya said,.
Persons: Kamal Adwan, Hussam Abu Safiya, ” Abu Safiya, Abu Safiya, , ventilators, Tedros Adhanom Ghebreyesus Organizations: Kamal Adwan Hospital, CNN, Gaza Ministry of Health, United Nations, World Health Organization, WHO Locations: Gaza
Yet days after Sinwar was killed by Israeli troops in southern Gaza, the fundamentals of the deadlocked talks remain unchanged. “Their internal dynamics will take some time,” a regional diplomatic official told CNN. The regional diplomatic source called it a “safe bet” that Sinwar’s brother Mohammed could take the lead for the hostages inside Gaza. To lead the overall organization, top Hamas negotiator Khalil al-Hayya, who is based in Doha, is getting backing from pro-Iran, pro-Gaza corners, the regional official said. Blinken is expected to meet with top Israeli officials, including Netanyahu, on Tuesday, amid tempered expectations he will return to Washington having made any significant progress on the hostage talks.
Persons: Antony Blinken, Yahya Sinwar, Joe Biden, Sinwar, isn’t budging, Biden, Benjamin Netanyahu, Netanyahu, ” Netanyahu, ” Biden, Israel, , John Kirby, Mohammed, Mohammed Sinwar’s, it’s, Yahya Sinwar’s, , ” Mohammed Sinwar, Mohammad Sinwar, Mohammed Deif, Khalil al, Ismail Haniyeh, Blinken, Saudi Crown Prince Mohammed bin Salman, Blinken’s, Vladimir Putin Organizations: CNN, Hamas, Israeli, Diplomats, Sinwar, National Security, UN Security Council, US, Saudi Crown Locations: Israel, United, Gaza, Lebanon, Iran, Doha, Cairo, Tehran, Qatar, Egypt, Washington, Tel Aviv, Saudi Arabia, Saudi, Palestinian, Russia, United States
During their playing careers, Olympic medalists Sue Bird and Megan Rapinoe helped propel women’s sports toward mainstream popularity, sparking conversations around equal pay and inclusion. In an interview with “Meet the Press,” Rapinoe and Bird spoke about their podcast, “A Touch More with Sue Bird & Megan Rapinoe,” which had its initial run in 2020 and returned this summer. When Bird played in the Final Four for UConn in the early 2000s, Rapinoe said, the stadium was sold out. Megan Rapinoe, left, and Sue Bird during Bird’s jersey retirement ceremony in Seattle on June 11, 2023. Bird and Rapinoe share new episodes of their podcast every Wednesday.
Persons: Sue Bird, Megan Rapinoe, Rapinoe, , Bird, Alex Morgan, Mia Hamm, Dawn Staley, ” Rapinoe, ” Bird, Scott Eklund, NBAE, , ’ ”, ’ ” Rapinoe Organizations: , Press, women’s, UConn, Getty, LeBron Locations: U.S, Seattle
In Tel Aviv, people protested outside the Israel Defense Forces’ headquarters, blocking traffic and chanting anti-government slogans. Eran Nissan, a peace activist from the progressive Israeli group Mehazkim, has been attending anti-government rallies since January last year. On Saturday, he was handing out T-shirts and stickers with derogatory messages about Israel’s far-right security minister Itamar Ben Gvir. There are 101 hostages still held in Gaza, Israeli authorities say, but as many as one-third of them are thought to be dead. And any poll that you see right now shows they’re going to be hit hard,” he said.
Persons: Benjamin Netanyahu, Eran Nissan, Itamar Ben Gvir, Nissan, , Yahya Sinwar, , Hassan Nasrallah Organizations: Israel Defense Forces ’, CNN Locations: Israel, Gaza, Tel Aviv, Iran
CNN —The US is investigating a leak of highly classified US intelligence about Israel’s plans for retaliation against Iran, according to three people familiar with the matter. One of the documents, which says it was compiled by the National Geospatial-Intelligence Agency, says the plans involve Israel moving munitions around. Any such leak would automatically trigger an investigation by the FBI alongside the Pentagon and US intelligence agencies. The US is already on high alert about Iranian hacking campaigns — US intelligence agencies said in August that Iran had hacked documents belonging to Donald Trump’s campaign. Axios first reported on the leaked documents Saturday.
Persons: , Mick Mulroy, Mulroy, Donald Trump’s, Axios, CNN’s Evan Perez, Katie Bo Lillis Organizations: CNN, East Spectator, US, Iran, National Geospatial - Intelligence Agency, National Security Agency, FBI, Pentagon, CIA, National Security Council, National Intelligence, National Locations: Iran, Australia, Canada, New Zealand, United Kingdom, Israel, South Korea, Ukraine
The prosecution also plans to call witnesses who said they saw Allen at the trail. Allen, 52, dressed in a long-sleeve button-down shirt and khakis, shook his head at times during McLeland's opening statement. One key piece of evidence — video retrieved from Libby's cellphone that was found underneath Abby's body — showed the apparent suspect. As the trial opened this week, the defense lawyers withdrew a request for jurors to be able to visit the crime scene, which prosecutors had opposed. Defense lawyers, however, may still get to argue during the trial why certain evidence is admissible.
Persons: Richard Allen, Abigail, Abby, Williams, Libby, Nick McLeland, McLeland, Abigail Williams, Allen, Andrew Baldwin, Baldwin, Alex Martin, Frances Gull, , Gull Organizations: Liberty, NBC Chicago, FBI, Courthouse, Courier, USA, Police, Prosecutors, Defense Locations: Delphi , Indiana, Carroll County, Allen, Carroll, Allen County, Delphi
Seven years ago, the bodies of two teenage girls were discovered near a hiking trail outside the small Indiana town of Delphi. Allen worked at a CVS in Delphi and had processed photos for Libby’s family without charging them, her grandparents have said. Investigators found the images on Libby’s cellphone and released them days after the girls' bodies were discovered in a bid to identify a possible suspect. Allen, who was interviewed by authorities in 2017 and admitted being at the trail the day the teens vanished, was arrested in 2022. In a request for a search warrant in 2017, an FBI agent said the girls' bodies appeared to have been moved and staged.
Persons: Richard Allen, Abigail Williams, Allen, Abigail, Libby, Abby —, Alex Martin, Doug Carter, , , , Nick McLeland Organizations: Liberty, Indiana State Police, USA, Authorities, Prosecutors, FBI Locations: Indiana, Delphi, Carroll, Indianapolis, Ind
How to strike a hostage and ceasefire deal, and with whom, is now a matter of uncertainty for American officials, who spent the hours after Sinwar’s death trying to determine if he had a successor. But US officials stopped short of saying Thursday that his death will result in a deal overnight. For long stretches, American officials couldn’t even say definitively whether he was alive or dead. “By all accounts, Sinwar has been the biggest obstacle within Hamas to a ceasefire-hostage release deal in Gaza. Depending on who would take his place, Sinwar’s death could revive hope for an agreement to end the war.
Persons: Yahya Sinwar, Antony Blinken, Hamas —, , Biden, Joe Biden’s, Kamala Harris ’, Harris, Netanyahu, Benjamin Netanyahu, Sinwar, , Jonathan Panikoff, ” Panikoff, Aaron David Miller, Miller, ’ ” Sinwar, couldn’t, Andrew Miller, ” Biden, Lloyd Austin Organizations: CNN, Hamas, US, Sinwar, State Department, , Michigan Locations: Gaza, Israel, Sinwar, fatalistic, Palestinian, Lebanon
The exec leading Cubist's centralized high-frequency trading unit is leaving the firm. Cubist, the quant arm of pod shop Point72, has invested heavily in its centralized trading effort. AdvertisementCubist Systematic Strategies has been investing tens of millions into a centralized trading operation. He has a background in FX futures, working at Radix, 3Red, and most recently Citadel Securities, where he was a quant researcher in high-speed, machine-learning-driven trading strategies, according to his LinkedIn and personal website. While he only officially joined Cubist last year, he was recruited in 2021 and was subject to a two-year noncompete clause.
Persons: Vibhav Bukkapatanam, , Bukkapatanam, Denis Dancanet Organizations: Service, Citadel Securities, Citadel, Tower Research Locations: multimanager, HFT, Dancanet
A senior Two Sigma quant researcher is leaving for Cubist. Kan Huang co-led a key machine-learning unit known as techniques forecasting. Jin Choi, Huang's interim cohead, has been named sole head of the long-running techniques group. AdvertisementA senior leader in one of Two Sigma's key research units is leaving the firm for quant rival Cubist Systematic Strategies, according to people familiar with the matter. Huang is a leader of a Two Sigma unit that develops machine-learning models and other advanced strategies from various data sources and trading signals.
Persons: Kan Huang, Jin Choi, , Steve Cohen's, Huang, Ken Baron, Choi, John Overdeck, David Siegel, Scott Hoffman, Carter Lyons, Ali, Milan Nekmouche, Jian Wu Organizations: Sigma, Service, Bloomberg, Sigma Investments, Securities and Exchange Commission, Wall Street
After jury selection this week in the Allen County seat of Fort Wayne, the trial will continue in Carroll County and could last about a month as jurors are sequestered. Gull has prohibited video or audio from inside the courtroom and banned the use of electronics. Allen, who has remained incarcerated while awaiting trial, faces two counts of murder and two counts of felony murder in the teens’ deaths. Doug Carter of the Indiana State Police provides an update on the Delphi murders investigation on April 22, 2019, in Delphi, Ind. Going there would help in “observing and feeling the unique topography of the land; something that cannot be understood from photographs and video,” defense lawyers wrote in their motion.
Persons: Indiana, Abigail “ Abby ” Williams, Liberty “ Libby ”, Richard Allen, Abby, Libby, Rick, Allen, Frances Gull, Carroll, Doug Carter, Nikos Frazier, , , Prosecutors, Andrew Baldwin, Bradley Rozzi, won’t, Gull, Nick McLeland, Alex Martin, Bongo, Mike Patty, We’re Organizations: Liberty, Delphi, Delphi Community Middle School, Indiana State Police, Ind, Journal, Courier, USA, Police, Defense, Prosecutors Locations: Indianapolis, Caroll County, Allen County, Allen, Fort Wayne, Carroll County, Delphi, ” Carroll, Carroll, Ind
A major part of the fears is that the US’ influence with Israel has appeared to be steadily waning over the last year. Israel’s security cabinet has not yet reached a decision on how to proceed, an Israeli official told CNN on Friday. As of last week, Israel had not given any assurances that it would not target Iran’s nuclear facilities, CNN reported. Israel has for decades been planning attacks on Iran’s nuclear capabilities, and just two years ago simulated striking them in a military exercise. ‘Our strike will be powerful’Israel’s Defense Minister Yoav Gallant issued a strong warning to Iran about his country’s response on Wednesday.
Persons: CNN —, Israel, Joe Biden, Benjamin Netanyahu, Biden, Hassan Nasrallah, , , Israel —, Yoav Gallant, ” Gallant, Jordan, Abbas Araghchi, Al, Netanyahu “, Araghchi, it’s, Ben Gurion, CNN’s Kayla Tausche, Dania Karni, Katie Bo Lillis Organizations: CNN, Israel, Wednesday, United Arab, US, Israel’s, Iran’s, Zionist Locations: Tehran, Israel, United Arab Emirates, Bahrain, Qatar, Arab, Iran, Damascus, Gaza, Lebanon, Beirut, France, cyberattacks, Saudi Arabia, Jordanian, backchannels, Washington, Yom, Tel Aviv
Alphadyne Asset Management hired JPMorgan's Thomas Byuen as a commodity index portfolio manager. Hedge funds like Balyasny and Jain Global have poached big bank commodity traders in recent years. Byuen, global head of commodity index trading, joined the bank in 2012 out of college, according to his LinkedIn profile and industry records. More recently, Jain Global, the most hyped new hedge fund launch in years, hired BofA's Max Lee, head of commodity and FX systematic strategy trading. Commodities is a top strategy at the fund, which brought in ex-Macquarie exec David Hochberg to lead the unit.
Persons: JPMorgan's Thomas Byuen, , wasn't, Thomas Byuen, Max Lee, Mike Severo, LMR, Goldman Sachs, Will Scott, Morgan Stanley, Dan Deighton, Balyasny, Deighton's, BofA's Max Lee, David Hochberg Organizations: Asset Management, Jain, Service, Alphadyne, Management, JPMorgan, Verition Fund Management, Balyasny Asset Management, LMR Partners, Commodities, Macquarie Locations: BofA
Starboard Value has taken a significant stake in Pfizer, said people familiar with the matter. Starboard has recently taken positions in Starbucks and Match. The activist investor has informed Pfizer that it has taken a significant stake in the drugmaker, people familiar with the matter told Business Insider. The Wall Street Journal earlier reported the Starboard stake. It also has a stake in Rupert Murdoch's News Corp and has pushed for a breakup of the media conglomerate.
Persons: Organizations: Pfizer, Service, pharma, Street, Rupert Murdoch's News Corp
Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. AdvertisementPharmaceuticals giant Pfizer got a wake up call Sunday evening when one of Wall Street's most feared activist investors revealed a stake in the company. AdvertisementPfizer, with a market cap north of $160 billion, is among the largest companies Starboard's Smith has ever targeted. With less than a 10% stake Smith replaced the entire 12-person board and assumed the role of chairman.
Persons: Jeff Smith, , Smith, Starboard's Smith, Ian Read, Frank D'Amelio, Ken Squire, Paul Singer, Elliott, Carl Icahn, Dan Loeb, Peter Feld, Olive Garden's, Marc Benioff, Brontë Wittpenn, Brontë, Squire, they're, Albert Bourla, Bourla, wagered Organizations: Pfizer, Service, Pharmaceuticals, 13D, Investor, Lazard, Elliott Management, Icahn Enterprises, Cowen Group, AOL, Darden Restaurants, Olive Garden, Longhorn, Darden, Wall, San Francisco, Getty, Smithfield Foods, Bristol, Myers Squibb, Celgene, Autodesk, Starbucks Locations: Olive Garden, Fortune, America, Olive, Washington
Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.
Persons: , Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park
As with Gaza, US officials say Israel was initially planning for a much larger ground incursion into Lebanon before the US convinced it to scale back. ‘The right moment’ for diplomacyThe US still wants to see Lebanon ceasefire talks resume, officials said, and US officials continue to believe that the conflict can only be resolved diplomatically. Nasrallah and other members of Hezbollah’s senior leadership are now dead as a result of Israel’s operations in Lebanon. Earlier in the day, a reluctant Biden told reporters he’d be “comfortable with [Israel] stopping” the campaign in Lebanon that risked further inflaming the region. Behind closed doors, sources say, Biden offered reluctant support for eliminating Hezbollah infrastructure along Israel’s border and in southern Lebanon, as long as Israel’s operations remained limited in nature.
Persons: Israel upended, Benjamin Netanyahu’s, Biden, Israel, Matthew Miller, that’s, Joe Biden, ” Alon Pinkas, Yoav Gallant, Lloyd Austin, Gallant, Pinkas, ” Pinkas, Netanyahu, Hassan Nasrallah, ” Gallant, , “ We’re, Karine Jean, Pierre, , Nasrallah, Austin, , “ What’s, Antony Blinken, CQ Brown, National Intelligence Avril Haines –, he’d, hasn’t, ” Maj, Patrick Ryder, ” Israel, Ryder, Miller, CNN’s MJ Lee, Alex Marquardt Organizations: CNN, Biden, White House, Hamas, , ” Senior, US, Israeli, Israel, Iran, Joint Chiefs, National Intelligence, Pentagon, State Department Locations: Lebanon, Iran, Gaza, Israel, France, , Washington, Israeli, New York, Beirut, Lebanese, , Austin, Beirut’s
Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.
Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,
ExodusPoint led multimanager hedge funds with a 1.5% gain last month and is up 6.5% in 2024. Millennium and Schonfeld had strong returns; Citadel, Balyasny, and Walleye lagged behind. AdvertisementIn the last month before a new cash hurdle forces the firm to outperform for performance fees, ExodusPoint led the way among multistrategy hedge funds. The $11 billion manager was up 1.5% last month, bringing its 2024 numbers to 6.5%, a person close to Michael Gelband's fund said. The firm was down 0.2% last month, though it is still up 11.1% on the year, a person close to the firm said.
Persons: ExodusPoint, Schonfeld, , Michael Gelband's, Ken Griffin's Organizations: Citadel, Walleye, Service, Business Locations: Balyasny, York, Wellington, Miami
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