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☆ House Speaker Johnson drowned out by booing crowds at Columbia University speech on Gaza protests
▼ + stars: | 2024-04-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

House Speaker Mike Johnson, R-La., struggled to get a word in edgewise Wednesday, battling a chorus of booing crowds during a speech at Columbia University where he condemned the ongoing student protests against Israel's bombardment of Gaza. "Enjoy your free speech," Johnson said tersely, pausing his prepared remarks to wait for the jeering to die down. Columbia Students for Justice in Palestine, a group that helped organize the protests, has said that any hate speech is not coming from its protesters but rather "inflammatory individuals who do not represent us." During Johnson's speech Wednesday, he called on Shafik to resign if she could not get a handle on the protests. After more than a week of bipartisan cooperation with Democrats to pass the aid bill, Johnson's Columbia speech appeared to be an attempt to bolster his conservative bona fides for his hardline GOP colleagues.

Persons: Mike Johnson, Johnson, tersely, Nemat, Shafik, Joe Biden, Biden, Marjorie Taylor Greene, fides, Virginia Foxx, Mike Lawler Organizations: U.S . House, Columbia University, Hamas, Israel's, Columbia, New York Police Department, Columbia Students, Justice, National Guard, Biden, GOP, Rep, Education, Workforce Locations: Israel, Palestinian, New York City, U.S, edgewise, Gaza, Columbia's, Palestine, Ukraine, Taiwan, Columbia

☆ Billionaire Columbia donor Leon Cooperman slams student protesters
▼ + stars: | 2024-04-23 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the university's campus. Unlike the megadonor Robert Kraft, Cooperman said he's not pulling his donations. AdvertisementThe Wall Street titan Leon Cooperman is the latest billionaire to weigh in on student protests over Israel's war in Gaza. But unlike the megadonor Robert Kraft, Cooperman said he'd continue to give to Columbia even as he trashed student demonstrators. Kraft said he'd continue to support the school's Kraft Center for Jewish Student Life, which is named after him.

Persons: Leon Cooperman, Robert Kraft, Cooperman, he's, —, he'd, Israel, Turkey —, Nemat, Shafik, Peace —, Goldman Sachs, Kraft, megadonors, Marc Rowan, Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Liz Magill Organizations: Service, CNBC, Columbia University, Columbia, Hamas, Capitol, — Columbia, Apartheid, Columbia Students, Justice, Jewish, Peace, New York City Police Department, Barnard College, Columbia Business School, Hunter College, Kraft, Patriots, school's Kraft Center for Jewish, Cooperman, Yale, New York University, Harvard, University of Pennsylvania Locations: Columbia, Gaza, Cooperman, Bronx, Israel, United States, Cyprus, Jordan, Turkey, Palestine

☆ Robert Kraft yanks support for Columbia as Israel-Gaza protests intensify
▼ + stars: | 2024-04-23 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

New England Patriots owner and Columbia donor Robert Kraft is pulling his support for the university. Columbia is being divided by protests over Israel's war in Gaza. Kraft stated he is "no longer confident that Columbia can protect its students and staff." AdvertisementRobert Kraft, the billionaire owner of the New England Patriots and a Columbia University alumnus, has pulled his support for the university, which has been racked by unrest and protests over Israel's war in Gaza. "I am not comfortable supporting the university until corrective action is taken," said Kraft, for whom Columbia's Kraft Center For Jewish Life is named.

Persons: Robert Kraft, Kraft, —, Columbia's, Nemat, Shafik Organizations: New England Patriots, Columbia, Service, Columbia University, Foundation, Combat, Columbia's Kraft Center For Jewish, CNN, Kraft Center, Jewish, NYU, Yale, Monday, Reuters Locations: Columbia, Gaza, Israel

Charly Triballeau | AFP | Getty ImagesBillionaire donors like Robert Kraft and Leon Cooperman are weighing their support for Columbia University amid rising campus tensions over pro-Palestinian protests. "Columbia is grateful to Mr. Kraft for his years of generosity and service to Columbia," a Columbia spokesperson said in a statement to CNBC. Cooperman and Kraft so far, represent a minority of wealthy Columbia University donors who are speaking out on the protests. CNBC reached out to half a dozen foundations listed by Columbia University as having given at least $1 million to the school since 2014. Students protest in support of Palestinians on Columbia University campus, as protests continue inside and outside the university, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in New York City, U.S., April 22, 2024.

Persons: Bruce A Blakeman, Charly Triballeau, Robert Kraft, Leon Cooperman, Kraft, Nemat, Shafik, Roger Goodell, Austin McAfee, Cooperman, James Gorman, Morgan Stanley, David Greenspan, Leon Cooperman Scott Mlyn, University President Shafik, Caitlin Ochs Organizations: Nassau, Columbia University, AFP, Getty, Columbia, New England Patriots, Georgia World, Center, Kraft Group, Foundation, Combat, Kraft Center for Jewish, The Kraft Group, CNBC, Omega Family, Columbia Business School, Slate, CNBC Columbia Students, Justice, New York Police, NYPD, University President, Students, Columbia University campus, Hamas Locations: New York, Columbia, Gaza, Atlanta, Palestine, Israel, Palestinian, New York City, U.S

☆ Columbia's president managed to avoid the missteps of other elite colleges in heated congressional grilling
▼ + stars: | 2024-04-17 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Nemat "Minouche" Shafik, Columbia's president, appeared before the Republican-led House Committee on Education and the Workforce on Wednesday. But there was a big difference between what those presidents said at their hearing and what Shafik said at hers. Related storyHarvard President Claudine Gay answered with, "It can be, depending on the context," while MIT President Sally Kornbluth said, "I have not heard calling for the genocide for Jews on our campus." In a similarly soft response, UPenn's president Elizabeth Magill responded, "If the speech turns into conduct, it can be harassment." AdvertisementIn Wednesday's hearing, Shafik also commented on a few controversial professors.

Persons: —, Elise Stefanik, Shafik, Israel's, Claudine Gay, Sally Kornbluth, Elizabeth Magill, Magill, Kornbluth, Mohamed Abdou, Joseph Massad, Massah, Stefanik Organizations: Service, Wednesday, Columbia, Republican, Committee, Education, New York, Business, Harvard, MIT, Gay, Street Journal, Street, Middle East Institute, Hamas, African Studies Locations: Israel, Gaza, UPenn, —, Dubai, Columbia's, South

☆ Opinion: The day of the Columbia disaster still haunts me
▼ + stars: | 2024-04-14 | by ( Miles O'Brien | ) edition.cnn.com time to read: +16 min

The CNN Original Series, “Space Shuttle Columbia: The Final Flight,” uncovers the events that ultimately led to disaster. Miles O'Brien Vincent RicardelI was at the Kennedy Space Center in Florida to cover the launch of the space shuttle, Columbia. Space Shuttle Columbia launches from the Kennedy Space Center in Florida on January 16, 2003. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003.

Persons: Miles O’Brien, ”, Miles O'Brien Vincent Ricardel, Ilan Ramon, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Dave Santucci, “, —, Heidi Collins, Janeane Garofalo, “ Let’s, would’ve Organizations: PBS, CNN, Space Shuttle Columbia, NASA, Kennedy Space Center, Engineers, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Columbia, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Shuttle Columbia, Space, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Challenger, Shuttle, CNN Center, US Locations: Atlanta and New York, Florida, Columbia, synchronicity, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, Texas, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, Iraq, Atlanta, United States, California, Dallas

☆ Opinion: NASA was America’s crown jewel. After the Columbia disaster it was never quite the same
▼ + stars: | 2024-04-06 | by ( Opinion Douglas Brinkley | ) edition.cnn.com time to read: +15 min

Space Shuttle Columbia launches from the Kennedy Space Center in Florida on January 16, 2003. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. The environmentally controlled chamber was mated to Space Shuttle Columbia for access into the orbiter. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003. Students and staff of the Shoshone-Bannock High School had an experiment on board Space Shuttle Columbia.

Persons: Douglas Brinkley, Katherine Tsanoff, John F, Kennedy, ”, Douglas Brinkley Moore Huffman, Nancy Currie, Gregg, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Ilan Ramon, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Sean O’Keefe, Jeff Bezos, Lockheed Martin, Sir Richard Branson, “ Organizations: Rice University, CNN, Shuttle Columbia, National Aeronautics and Space Administration, NASA, Russian Space Agency, Russia, United Arab, Challenger, Columbia, Space, Space Shuttle Columbia, Kennedy Space Center, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Shuttle, Investigation, Elon, SpaceX, United Launch Alliance, Boeing, Lockheed, Virgin Galactic, JFK Locations: China, United Arab Emirates, Japan, Columbia, Texas, Louisiana, Florida, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, American

☆ NASA’s space shuttle program reimagined rocketry. What went wrong?
▼ + stars: | 2024-04-05 | by ( Jackie Wattles | ) edition.cnn.com time to read: +17 min

The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. Deemed an “engineering marvel,” the first of five winged orbiters — the space shuttle Columbia — made its inaugural flight in 1981. Crews aboard the recovery ships Liberty Star and Freedom Star retrieve a reusable right solid rocket booster (below) after a space shuttle mission. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003.

Persons: ”, Sean O’Keefe, Casey Dreier, Crews, O’Keefe, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Ilan Ramon, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Rodney Rocha, Columbia’s, Rick Husband, “ Roger, Sen, Mark Kelly, “, ” Kelly Organizations: CNN, Shuttle Columbia, Sunday, NASA, Columbia, America’s, Planetary Society, European Space Agency, Space, International Space, Hubble, Liberty Star, NASA’s Ames Research Center, Space Shuttle Columbia, Kennedy Space Center, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Challenger, Shuttle, East Texas Locations: Columbia, America’s Soviet, Florida, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, Texas, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, New Mexico, East

☆ It's more profitable for companies to cooperate on prices than compete, says Columbia's Tim Wu
▼ + stars: | 2024-03-05 | 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 EmailIt's more profitable for companies to cooperate on prices than compete, says Columbia's Tim WuTim Wu, Columbia University Law School professor and former Biden administration antitrust advisor, joins 'Squawk Box' to discuss calls for tech regulations, why he believes social media needs to be reigned in, the impact of antitrust rules on the M&A world, and more.

Persons: Tim Wu Tim Wu, Biden Organizations: Columbia University Law School

☆ Investing in Space: How Columbia's fabric tech landed on the surface of the moon
▼ + stars: | 2024-02-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Looking at Intuitive Machines ' Odysseus spacecraft, you may have noticed any one of four fairly visible images: The American flag, NASA logo, Intuitive Machines logo … and a Columbia Sportswear logo. Of course, Columbia wasn't just involved to keep a moon lander comfortable with its jacket liner. "A technology that's good enough to get a lunar spacecraft to the moon, that you can wear in your everyday life? Pioneers in space – I would have never attached that to our company, say, 5 years ago," Boyle added.

Persons: CNBC's Michael Sheetz, Joe Boyle, We've, Boyle, Columbia wasn't Organizations: Columbia, NASA Locations: Columbia

☆ Columbia CEO says warm winter affected company’s fourth-quarter sales
▼ + stars: | 2024-02-02 | by ( Micah Washington | ) www.cnbc.com time to read: +1 min

Columbia Sportswear CEO told CNBC's Jim Cramer on Friday that the company is still heavily dependent on winter weather for sales and is looking or opportunities to venture out after reporting disappointing fourth-quarter earnings. Columbia, known for its winter apparel, faces challenges with increasingly warm weather. "Those kinds of things can keep us straight and narrow and a time when the business has been more challenged." Columbia shares were down 0.87% on Friday after the bell after the company reported weaker than expected earnings. However it expects 2024 to be a challenging year as "retailers are placing orders cautiously, and economic and geopolitical uncertainty remains high."

Persons: CNBC's Jim Cramer, Boyles, Boyle, We're Organizations: Columbia

☆ A person falsely called in a fire at the White House in apparent 'swatting' incident
▼ + stars: | 2024-01-15 | by ( Gabe Gutierrez | Rebecca Shabad | ) www.cnbc.com time to read: +2 min

A reporter, arriving for work, walks up the driveway toward the White House on a rain-soaked morning in Washington, U.S., January 9, 2024. A person called 911 Monday morning falsely claiming that there was a fire at the White House and that someone was trapped inside. In so-called swatting incidents, someone makes a false report of a crime in progress to draw police to a certain location. A Secret Service spokesperson said any fire at the White House would have been immediately detected — and there clearly wasn't one. A county police department spokesman said they are investigating it as a "swatting incident."

Persons: Noah Gray, Joe Biden, Camp, Martin Luther King Jr, Jack Smith, Tanya Chutkan, Marjorie Taylor Greene, Arthur Engoron Organizations: White, Columbia's, Emergency Medical Services Department, D.C, Camp David, Colorado Supreme Court, New, FBI Locations: Washington , U.S, Philadelphia, U.S, New York, Long

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ Major landlords, RealPage sued in DC for alleged rent-fixing scheme
▼ + stars: | 2023-11-01 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

The alleged collusion violates the District of Columbia's Antitrust Act, the office said. Washington, D.C., Attorney General Brian Schwalb's office said Tuesday that it's suing RealPage, a property management software company, and 14 of the district's largest landlords for allegedly colluding to raise rents. In a statement to CNBC, a company spokesperson for William C. Smith & Co. said the company does not comment on pending litigation. The software uses proprietary, nonpublic data and statistical models to estimate supply and demand and generate a price to maximize the landlord's revenue. RealPage has previously been sued by renters in the Southern District of California and Tennessee over the past year.

Persons: Igor Golovniov, Brian Schwalb's, it's, RealPage, William C, Smith, didn't, Schwalb, Jennifer Bowcock, Berkshire Hathaway Organizations: Inc, Getty, Columbia's, Washington , D.C, CNBC, Southern District of, D.C, National Association of Realtors, CNBC PRO Locations: Washington ,, Southern District, Southern District of California, Tennessee, Seattle , Texas, Boston, Missouri, Berkshire

☆ Columbia's Tim Wu on Congress' failure to protect kids online: An 'extraordinary level of failure'
▼ + stars: | 2023-11-01 | 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 EmailColumbia's Tim Wu on Congress' failure to protect kids online: An 'extraordinary level of failure'Tim Wu, Columbia University Law School professor and former Biden administration antitrust advisor, joins 'Squawk Box' to discuss Congress' failure to protect children online, the reasons behind the inaction on Capitol Hill, and more.

Persons: Tim Wu, Biden Organizations: Columbia University Law School

☆ Cumulative effect of the deficit could force the Fed to buy debt, says Columbia's Charles Calomiris
▼ + stars: | 2023-10-23 | 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 EmailCumulative effect of the deficit could force the Fed to buy debt, says Columbia's Charles CalomirisCharles Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School, joins 'The Exchange' to discuss fiscal dominance of debt and deficit overwhelming the Fed, debt and deficits creating a high government debt-to-GDP ratio, and more.

Persons: Columbia's Charles Calomiris Charles Calomiris, Henry Kaufman Organizations: Columbia Business School

☆ A Columbia professor called Hamas terror attacks 'awesome' and 'astounding' in an article. A petition for his removal has passed 34,000 signatures.
▼ + stars: | 2023-10-16 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A Columbia professor lauded Hamas "awesome" attacks on Israel and called them a "stunning victory." An online petition, signed by over 34,000 people, is calling for his "immediate removal." AdvertisementAdvertisementA Columbia professor who praised Hamas' "awesome" terror attacks on Israel in an online article is facing calls for his removal in an online petition that has now surpassed 30,000 signatures. AdvertisementAdvertisementPlatek added: "We call on Columbia University to hold Massad responsible for his comments and immediately remove him from the Columbia faculty." Columbia University did not immediately respond to Insider's request for comment made outside office hours.

Persons: —, Joseph Massad, Platek, Massad, David, Israel, Anthony Weiner Organizations: Service, Modern, Columbia University, Hamas, Columbia, Mission, North, Columbia's, Watch, Massad, Israel Defense Forces Locations: Columbia, Israel, USA, East

☆ Tech companies have exploited human tendencies to maintain their monopolies, says Columbia's Tim Wu
▼ + stars: | 2023-10-03 | 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 EmailTech companies have exploited human tendencies to maintain their monopolies, says Columbia's Tim WuTim Wu, Columbia University Law School professor and former Biden administration antitrust advisor, joins 'Squawk Box' to discuss Google's antitrust trial brought by the U.S. Justice Department, what's at stake in the landmark trial, how strong the government's case is, and more.

Persons: Tim Wu Tim Wu, Biden Organizations: Email Tech, Columbia University Law School, U.S . Justice Department, what's

☆ The FTC believes a lot of mergers in last 10-20 years did not benefit consumers: Columbia's Tim Wu
▼ + stars: | 2023-09-22 | 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 EmailThe FTC believes a lot of mergers in last 10-20 years did not benefit consumers: Columbia's Tim WuTim Wu, Columbia University Law School professor and former Biden administration antitrust advisor, joins 'Squawk Box' to discuss the ongoing Google antitrust trial, where the U.S. government alleges Google unlawfully abused its search dominance to maintain monopoly power, why he believes the trial will re-write our future, and more.

Persons: Tim Wu Tim Wu, Biden Organizations: FTC, Columbia University Law School

☆ Summit Materials to buy Cementos Argos' US unit in $3.2 bln deal
▼ + stars: | 2023-09-07 | by ( Ananta Agarwal | ) www.reuters.com time to read: +1 min

Cement silos of Colombian cement maker Argos are pictured at a plant in Bogota, Colombia May 14, 2019. REUTERS/Luisa Gonzalez Acquire Licensing RightsSept 7 (Reuters) - Summit Materials (SUM.N) said on Thursday it would buy the U.S. operations of Columbia's Cementos Argos (CCB.CN) for about $3.2 billion in cash and stock, in a deal that would make the combined entity the largest U.S.-based cement producer. Cementos Argos, the core unit of industrial conglomerate Grupo Argos (ARG.CN), will own a 31% stake in Summit and receive $1.2 billion in cash payments, subject to certain conditions. The deal, which is expected to close in the first half of 2024, could lead to annual cost savings of more than $100 million, Summit said. Shares of Summit Materials fell 7.92% in mid-day trading.

Persons: Luisa Gonzalez, Columbia's Cementos, Argos, Summit, Anne Noonan, Morgan Stanley, Ananta Agarwal, Savio D'Souza, Maju Samuel, Shweta Agarwal Organizations: REUTERS, Grupo Argos, Summit, BofA Securities, Thomson Locations: Argos, Bogota, Colombia, U.S, Mid, Atlantic, Texas, Summit

☆ It is always more expensive to not invest in electric grids, says Columbia's Melissa Lott
▼ + stars: | 2023-08-25 | 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 EmailIt is always more expensive to not invest in electric grids, says Columbia's Melissa LottHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Columbia's Melissa Lott, Brian Sullivan, “ Organizations: CNBC

☆ British Columbia lifts most travel restrictions as Canada wildfires ease
▼ + stars: | 2023-08-23 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

The restrictions barred non-essential travel to communities in the province's interior including Kelowna, Vernon and Kamloops and were due to expire at midnight. The measure will remain in place for West Kelowna. Flames burned nearly 200 homes in Kelowna and West Kelowna, officials said, but conditions were slowly improving even though smoke continued to blanket the province. "I really am beginning to feel like we're turning the corner here on this fire," West Kelowna fire chief Jason Brolund told a news conference. "...The efforts in partnership with the federal government, with First Nations and others on recovery has started already," British Columbia Premier David Eby told a news conference in West Kelowna.

Persons: David Eby, Chad Hipolito, Jason Brolund, Columbia Premier David Eby, Nia Williams, Cynthia Osterman Organizations: British, REUTERS Acquire, West, Northwest Territories, Flames, Kelowna and, First Nations, Columbia Premier, Thomson Locations: Kamloops, Canada, British Columbia, Kelowna, Vernon, West Kelowna, Northwest, Yellowknife, Kelowna and West Kelowna, Hay River, Fort Smith, Alberta

☆ Fire tourists, drone fliers told to stay clear of British Columbia blazes
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +3 min

[1/2] People walk on a marina as smoke from wildfires hangs low in the Lake Okanagan city of Kelowna, British Columbia, Canada August 19, 2023. REUTERS/Chris Helgren Acquire Licensing RightsAug 19 (Reuters) - Wildfire tourists and drone operators who could be impeding the work of firefighters are being told by British Columbia officials that they are unwelcome while fast moving and unpredictable forest fires rage in the Canadian province. More than 35,000 people were under evacuation order by Saturday following British Columbia Premier David Eby's declaration of a state of emergency late on Friday, giving authorities more powers to tackle fire-related risks. Some 3,400 workers are involved in firefighting in British Columbia in western Canada. "Leaving Yellowknife, you're driving into the smoke," the 33-year old said of his 20-hour journey home to Calgary in Alberta province.

Persons: Chris Helgren, British Columbia Premier David Eby's, Bruce Ralston, Eby, Ralston, Ma, that's, Brent Saulnier, I've, Denny Thomas, George Sargent, Grant McCool Organizations: REUTERS, British Columbia, British Columbia Premier, Emergency Management, Climate Readiness, Thomson Locations: Lake Okanagan, Kelowna , British Columbia, Canada, British, Canadian, British Columbia, Canada's Northwest Territories, Yellowknife, Calgary, Alberta, Toronto

☆ 2 passengers traveling from Canada to Egypt sued Air Canada for a 56-hour flight delay and won $740 each in compensation
▼ + stars: | 2023-08-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Two passengers won a lawsuit against Air Canada for a 56-hour delay in their three-leg flight. Two passengers from Kelowna, Canada, won a lawsuit against Air Canada for an international flight delay that set them back by 56 hours. The international flight consisted of three legs: Kelowna to Vancouver, Vancouver to London, England, and London to Cairo. Air Canada claimed the flight delay was due to "air traffic control restraints" and a ground delay program — a procedure used for air traffic control — operated by Nav Canada, which oversees the country's air traffic controllers. Air Canada did not immediately respond to a request for comment from Insider, sent outside regular business hours.

Persons: Abdallah Mohamed, Ghada Ali, Mohamed, Ali, —, Shelley Lopez, AC862, Lopez Organizations: Air Canada, Morning, Air, Vancouver . Air Canada, Nav Canada Locations: Canada, Cairo, Egypt, Kelowna, British Columbia, Air Canada, Vancouver, London, England

☆ Oceans absorb 90% of the heat from climate change — here's why record ocean temps are so harmful
▼ + stars: | 2023-08-16 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +22 min

"Over 90 percent of the excess energy on earth due to climate change is found in warmer oceans, some of it in surface oceans and some at depth." Put simply, the greenhouse gases serve to trap more heat, some of which is absorbed by the ocean," Kirtman told CNBC. In addition to the daily record on July 31, the monthly sea surface temperature for July was the hottest July on record, "by far," Copernicus said. CopernicusThese record sea surface temperatures arise from multiple factors, including the El Niño weather pattern, which is currently in effect. "These climate variations occur when sea surface temperature patterns of warming and cooling self-reinforce by changing patterns of winds and precipitation that deepen the sea surface temperature changes."

Persons: Baylor, Carlos E, Del Castillo, Castillo, Benjamin Kirtman, Kirtman, Copernicus, Gavin Schmidt, Kemper, Zeke Hausfather, Sarah Kapnick, Kapnick, Kempler, Hurricane Ian, Michael Lowry, Lowry, Rainer Froese, Daniel Pauly, Pauly, Vigfus, pollack, Sean Gallup, Lorenz Hauser, Hauser, Froese, Phanor Montoya, Javier, Carolyn Cole, Hans W, Paerl, Justin Sullivan, Christopher Gobler, Gobler, Gary Griggs, Kimberly McKenna, Angela Weiss, Griggs, it's, Judith Kildow, Kildow, It's Organizations: International, Baylor Fox, Kemper, Brown University, CNBC, Ecology Laboratory, NASA, University of Miami, NASA Goddard Institute for Space Studies, Fox, El, Oceanic Atmospheric Administration, heatwave, NOAA, Northern Hemisphere, Miami Herald, Tribune, Service, Getty, Helmholtz, Ocean Research, University of British Columbia's Institute, Fisheries, School of, Fishery Sciences, Restoration Foundation, Coral Restoration Foundation, Looe Key, Los Angeles Times, University of North, Chapel Hill's Institute of Marine Sciences, Berkeley Marina, San, Quality, Centers for Disease Control, Stony Brooke University's School of Marine, Atmospheric Sciences, University of California, Stockton University Coastal Research, Afp, Ocean Economics Locations: Florida, El, Pacific, Berkeley, Fort Myers, Hurricane, Germany, New York, Nova Scotia, Hofn, Hornafjordur, Iceland, Seattle, Alaska, Looe, University of North Carolina, San Francisco Bay, Berkeley , California, San Francisco, Europe, Santa Cruz, Atlantic City , New Jersey, Atlantic City, Antarctica, Greenland

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