DIRS.INFO The most relevant business & tech news

ANN ARBOR, Mich. (AP) — Sherrone Moore's tears streamed down his cheeks and expletives left his lips, passionately supporting suspended coach Jim Harbaugh, in an on-field postgame interview after No. “All the craziness, all that stuff going on, it’s just brought us closer and closer together,” Moore said earlier this week. A day before facing the Terrapins, linebackers coach Chris Partridge was fired in the latest wave of turmoil at Michigan. Harbaugh called the Wolverines “America’s team” for continuing to win under the cloud of the scandal. As an offensive guard, he helped Oklahoma win Big 12 titles in 2006 and 2007 and played in BCS bowl games.

Persons: expletives, Jim Harbaugh, Moore, it’s, ” Moore, football's, Harbaugh, we’ve, ”, Chris Partridge, Warde Manuel, Partridge, let’s, We’re, Matt Weiss, “, Kenneth Grant, He's, Larry Lage Organizations: Michigan, Maryland, Oklahoma, Ohio State, Big Ten, College Football, Terrapins, Athletic, FBI, Central Michigan, BCS, Big, Penn State, AP Locations: Mich, Michigan, Kansas, Central, Louisville

☆ NFL roundup: C.J. Stroud breaks out as Texans clip Bucs
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +9 min

Stroud led a 75-yard drive in 40 seconds after Baker Mayfield put Tampa Bay ahead with a 14-yard touchdown pass to Cade Otton, the duo's second scoring hookup of the day. Stroud completed 30 of 42 passes, connecting with Noah Brown six times for 153 yards, including a 75-yard touchdown. Mayfield connected on 21 of 30 passes for 265 yards for the Buccaneers (3-5), who lost their fourth straight game. Vikings 31, Falcons 28Joshua Dobbs fired a go-ahead, 6-yard touchdown pass to Brandon Powell with 20 seconds remaining, and Minnesota beat host Atlanta. Tune completed 11 of 20 passes for 58 yards, threw two interceptions and lost a fumble on one of Cleveland's seven sacks.

Persons: C.J ., Shaquil Barrett, Troy, Stroud, Tank, . Stroud, Baker Mayfield, Cade Otton, Noah Brown, Dalton Schultz, Dell, Dare Ogunbowale, Ogunbowale, Ka'imi Fairbairn, Mayfield, Joe Burrow, Josh Allen, Stefon Diggs, Joe Mixon, Mixon, Tee Higgins, Allen, Diggs, Dalton Kincaid, Joshua Dobbs, Brandon Powell, Dobbs, Jaren, Taylor Heinicke, Mary, A.J . Brown, DeVonta Smith, Kenneth Gainwell, Dak Prescott, CeeDee Lamb, Lamb, Patrick Mahomes, Bryan Cook's, Tua Tagovailoa, Raheem Mostert, Hill, Keaton Mitchell, hadn't, Gus Edwards, Odell Beckham Jr, Justin Tucker, Seattle's Geno Smith, Jaxon Smith, Njigba, Cleveland, Clayton Tune, Tune, Jordan Love, Aaron Jones, Brett Rypien, Matthew Stafford, Rypien, Sam Howell, Howell, Chad Ryland, Washington, Jahan Dotson, Joey Slye, Paulson Adebo, Adebo's takeaways, Derek Carr, Tyson Bagent, Justin Fields, Kenny Moore, Moore, Bryce Young's, Josh Jacobs, Antonio Pierce, Josh McDaniels, York's Daniel Jones, Jones Organizations: Houston Texans, Tampa Bay Buccaneers, NRG, Tank Dell, ., Tampa Bay, Texans, Buccaneers, Bengals, Bills, Cincinnati, Buffalo, Vikings, Falcons, Atlanta, Arizona Cardinals, Eagles, Cowboys, Philadelphia, Dallas, Chiefs, Dolphins, Kansas City, NFL, Miami, Ravens, Seahawks, Baltimore, Seattle, AFC, Browns, Cardinals, Buffalo Bills, Packers, Rams, Patriots, Washington, New England, New, Saints, Bears, Chicago, Colts, Panthers, Indianapolis, Carolina, Pro Football, Raiders, Giants, Las Vegas, The Raiders, Las, ESPN, Thomson Locations: Houston , Texas, USA, C.J . Stroud, Troy Taormina, Tampa, Dell, Buffalo . Buffalo, Minnesota, Miami, Frankfurt, Germany, Arizona, Green, Los Angeles, New, Foxborough, New England, New Orleans, Charlotte, N.C, Carolina, Las, New York, Las Vegas, York

☆ 26-year-old used 3 soft skills to become the youngest principal in his school's history: 'This never happens'
▼ + stars: | 2023-10-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

When Kenneth Gorham heard that he was in the running to become the principal of his local middle school, his immediate response was: "Are y'all sure?" When Gorham ultimately landed the job, he was just 24 years old — the youngest principal to ever lead Movement Freedom Middle School, a charter school in Charlotte, North Carolina. One of them is Lauryn Jackson, the current principal of Movement Freedom Elementary School and Gorham's instructional coach when he was a teacher. Part of that was logistical: As an instructional coach, he helped teachers coordinate their curricula and refamiliarize themselves with the rhythm of teaching in a classroom. Kenneth Gorham Principal, Movement Freedom Middle School

Persons: Kenneth Gorham, Gorham, I've, Lauryn Jackson, — Organizations: Middle, National Center for Education Statistics, CNBC, North Carolina Agricultural, Technical State University, Freedom Elementary School Locations: Charlotte , North Carolina, U.S

Hurts overcame two more interceptions but found Brown 10 times for 137 yards to get by his former Alabama teammate Tua Tagovailoa and the Dolphins (5-2). But the big play that sealed the win came in the fourth quarter from the cornerback nicknamed “Big Play” Slay. Still, Hurts threw a 14-yard TD pass to Brown for a 24-17 lead with 15 seconds left in the third that ended up the winner. Tagovailoa came off the bench and threw three touchdown passes to give the Crimson Tide their fifth national championship. Hurts threw a 19-yard TD pass to Dallas Goedert for a 10-3 lead in the second quarter.

Persons: A.J, Brown, Tua Tagovailoa, “, ”, Tagovailoa, Raheem Mostert, Darius Slay, Slay, Reggie White, Kenneth Gainwell, Jerome Baker, Baker, —, Jets —, Nick Saban, Saban, Dallas Goedert, Miami wasn’t, they’ve, Hill, Jaelan Phillips, Phillips, Lane Johnson, Jaylen Waddle, OL Isaiah Wynn, Jevon Holland, David Long Jr, Jake Elliott, ___ Organizations: PHILADELPHIA, Philadelphia Eagles, Miami Dolphins, Super, Kansas City Chiefs, Eagles, NFL, Dolphins, Jets, Crimson Tide, Dallas, Miami, Buffalo, NFC, OL, NEXT, New England, AFC East, Washington Locations: Alabama, New, Philadelphia

☆ No military response can end the Israel-Hamas conflict, peace experts say. Even if Israel wipes out Hamas, another group will likely take its place
▼ + stars: | 2023-10-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Israel appears to be preparing for a ground invasion of Gaza where it hopes to wipe out Hamas. The attacks prompted a swift and strong counter response from Israel which declared war on Hamas and vowed to lay siege to Gaza. But even the total eradication of Hamas would fail to solve the tensions between Israel and Palestinians, Telhami said. "If Israel wipes out Hamas and leaves Gaza, either Hamas resurges or a more violent option rises," he said. The near future almost certainly includes more civilian deaths and an escalation of violence in Gaza , according to experts.

Persons: Israel, —, Alon Burstein, Shibley Telhami, Anwar Sadat, Burstein, Mohammed Salem, Kenneth Gray, Al, Telhami Organizations: Service, Israel, Department of Political Science, University of California, US, Peace, Development, University of Maryland, Brookings Institution, West Bank, Rockets, Palestinian, REUTERS, University of New, FBI, Brigades, Palestinian Authority, Israel Defence Forces, Israel Defense Forces Locations: Gaza, Palestinian, Israel, Irvine, Egypt, Hamas, University of New Haven, Palestine's, Lebanon

☆ Analysis: Use of weather derivatives surges as extreme climate events rock the globe
▼ + stars: | 2023-10-11 | by ( Harry Robertson | ) www.reuters.com time to read: +6 min

Weather derivatives were born in the late 1990s. Climate change and the El Nino weather phenomenon combined to make the northern hemisphere summer of 2023 the hottest ever recorded, according to the European Union Climate Change Service. Weather derivatives let buyers hedge against the risk that the weather will damage their business. Average open interest in CME weather futures and options contracts in September was around 170,000 contracts, compared to roughly 10 times that for crude oil - although market participants reckon 90% of the weather derivatives market is in over-the-counter deals. "Extreme weather events tend to make good marketing for weather futures," said Samuel Randalls, a professor at University College London who focuses on weather and climate.

Persons: Andrew ., Ken Griffin's, Peter Keavey, Griffin's Citadel, Nick Ernst, Ernst, Matthew Hunt, Samuel Randalls, David Whitehead, Whitehead, UCL's Randalls, BGC's Ernst, Martin Malinow, Harry Robertson, Emelia Sithole Organizations: NYPD, REUTERS, Energy, Chicago Mercantile Exchange, Enron, CME Group, El, Change, Graphics, University College London, Citadel, Thomson Locations: Manhattan, Williamsburg, New York City, U.S, Paris, New York, Ukraine

☆ Use of weather derivatives surges as extreme climate events rock the globe
▼ + stars: | 2023-10-11 | by ( Harry Robertson | ) www.reuters.com time to read: +6 min

[1/3] Director Craig Gillespie poses during the gala presentation of "Dumb Money" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 8, 2023. Dumb Money captures the behind-the-scenes of one of the biggest Wall Street stories of COVID that hooked retail investors and created a mutiny by grabbing the attention of professional investors on social media. It chronicles the battle between institutional and retail investors when Reddit-inspired small traders rose up against Wall Street by buying shares of GameStop (GME.N) en masse, creating large losses for short sellers. With the tagline "Dear Wall Street ...," the movie is "very front and center" and is timely in discussing the topic of wealth disparity in America, Gillespie said. Teddy Schwarzman declined to comment on how his familial ties to Wall Street affected the production of "Dumb Money."

Persons: Craig Gillespie, Carlos Osorio, Craig Gillespie's, Gillespie, Paul Dano, Pete Davidson, America Ferrera, Vincent D'Onofrio, Nick Offerman, Shailene Woodley, Seth Rogen, Kenneth Griffin, Steven Cohen, Aaron Ryder, Teddy Schwarzman, Stephen Schwarzman, Jenna Zucker, Nivedita Balu, Sandra Maler Organizations: Toronto, Film, REUTERS, Rights, GameStop, America, Wall, Blackstone Group, Thomson Locations: Toronto , Ontario, Canada, America

☆ How ‘Soul Train’ immortalized an exuberant era of Black style, movement and culture
▼ + stars: | 2023-07-30 | by ( Brooklyn White-Grier | ) edition.cnn.com time to read: +8 min

This was “Soul Train,” the music television series that served as Blackness’ binoculars. In the middle of the Black Power era and feeding from the civil rights movement, “Soul Train” provided a fresh opportunity for Black people to see and celebrate themselves. “We wouldn’t have a house party or at a club where we weren’t doing the ‘Soul Train’ line,” she said. “Those were the fits and the looks and the moves where I think ‘Soul Train’ probably had its biggest influence.”Still, Cochrane, a Gen X-er, says that her era of the “Soul Train” — and the “Soul Train” line — moved with the times. “But it was on ‘Soul Train’ that we got to see our favorite artist, hear our beloved songs, get our style trends and language.

Persons: — You’ve, you’d, ”, Chicago’s, Jackson, Dyana Williams, “, Williams, ” Williams, George E, Johnson, Ultra Sheen, Aretha Franklin, Al Green, Sly Stone, Sly, Nelson George’s, Todd Oldham, ” Oldham, It’s, Don Cornelius, Kenneth Gamble, Gamble, Huff, Naima Cochrane, Cochrane, Michael Ochs, Rosie Perez, Patrice Rushen, Fred Berry, Vivica, Cheryl Song, Nobody, ” Cochrane, ” “, ’ ” Williams, Black Television ” Organizations: CNN, TRL, Ultra, Black Power, Michael Ochs Archives, Fox, Black Television Locations: Afro Sheen, America, Washington ,, Philadelphia, Shalamar, American

☆ America’s Green Skills Gap Raises Concerns About Energy Transition
▼ + stars: | 2023-07-06 | by ( Dieter Holger | ) www.wsj.com time to read: +7 min

But recent data shows strong growth in demand for green skills exacerbating an already tight market where demand outstrips supply. The online professional network defines green skills as those that make economic activities more environmentally sustainable, such as carbon accounting, hydrogen engineering and battery manufacturing. It considers green jobs to be ones which include climate action objectives such as removing pollution and preserving natural resources. Likewise, more than 114,000 U.S. clean energy jobs were created in 2022, according to last week’s annual employment report from the U.S. Department of Energy. As of 2023, nearly 11% of U.S. transport workers, such as employees of carmakers, have green skills, according to LinkedIn.

Persons: ”, Sue Duke, Kenneth Gillingham, ” Gillingham, Tim Gruber, Gillingham, Sara Smiley Smith, Steven Cohen, Cohen, Todd Anderson, Rochelle Toplensky, Dieter Holger Organizations: U.S, LinkedIn, Wall Street, U.S . Department of Energy, Political Economy Research, University of Massachusetts Amherst, American Clean Power Association, Sustainable Business, Yale School of, Workers, Nobles, Environment, Yale, Columbia, Science, Sustainability Management, The Wall, dieter.holger Locations: U.S, Reading, Minn, Woodbine , Georgia

The judge had ruled that Williams failed to claim that he would not have been fired but for his race. Tech Mahindra's U.S. subsidiary has more than 5,000 employees and 90% of them are South Asian, according to filings in the case. The case is Williams v. Tech Mahindra Americans Inc, 3rd U.S. Circuit Court of Appeals, No. For Williams: Mark Hammervold of Kotchen & LowFor Tech Mahindra: Kenneth Gage of Paul HastingsOur Standards: The Thomson Reuters Trust Principles.

Persons: Lee Williams, Williams, Brian Martinotti, Martinotti, Peter Phipps, Joseph Greenaway, Cheryl Krause, Mark Hammervold, Kenneth Gage, Paul Hastings Organizations: South, IT, Tech Mahindra Ltd's, U.S, Circuit, Appeals, Tech Mahindra, Lawyers, Civil, Tech Mahindra's, District, . Tech Mahindra Americans Inc, Low, Paul Hastings Our, Thomson Locations: New Jersey, North Dakota, Newark

☆ Ron Insana says an AI bubble may be forming, but we're not there yet
▼ + stars: | 2023-06-09 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

How to trade it Let's remember the elements of a bubble, as defined by many market historians who have written about such financial market phenomena (myself included). The public increasingly has been buying related tech stocks and associated ETFs, but we have yet to see the single-minded focus of the entire stock buying world come to bear on AI stocks. In 1999 alone, some 456 stocks went public at the height of the internet mania. If there is to be a bubble in AI, it's the early days. Also, "easy money" from the Federal Reserve, a key component of financial frenzies, is not fueling speculation in publicly traded AI shares, or any other asset class for that matter.

Persons: Jaap Arriens, Charles MacKay, John Kenneth Galbraith, Edward Chancellor, Charles Kindleberger, David Faber Organizations: Nurphoto, Nvidia, Microsoft, Google, Oracle, Adobe, Fund, Nasdaq, CNBC, Federal Reserve Locations: Sea, Mississippi, England, France

☆ Odd Times Call for Unconventional Wisdom
▼ + stars: | 2023-04-13 | by ( Karl Rove | ) www.wsj.com time to read: 1 min

In his 1958 book, “The Affluent Society,” economist John Kenneth Galbraith assailed what he called “conventional wisdom,” his caustic term for “beliefs that are at any time assiduously, solemnly and mindlessly traded between the conventionally wise.” Today, we’re constantly bombarded by news of the latest high jinks of candidates and officeholders, and for each new political drama there’s new conventional wisdom on what it means. But what if much of it is wrong?

☆ Shares of US regional banks attempt recovery after SVB-fueled rout
▼ + stars: | 2023-03-14 | by ( Medha Singh | ) www.reuters.com time to read: +2 min

March 14 (Reuters) - Shares of U.S. regional banks rose on Tuesday after suffering double-digit losses over the past few days following the biggest bank collapse since the 2008 global financial crisis. The collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O) sent shockwaves through global markets, despite assurances from U.S. President Joe Biden and other policymakers that banks and deposits were safe. First Republic Bank (FRC.N) rose 57% before trading was halted for volatility, a day after hitting an intraday record low of $17.53. The S&P 1500 regional banks sub-industry index (.SPCOMBNKS) advanced 7.7% after shedding 20% in the past three sessions. Big banks rose with JPMorgan up 1.6%, Wells Fargo (WFC.N) 6.6% and Bank of America (BAC.N) 4.2%.

☆ World's oldest Hebrew Bible could fetch up to $50 million at auction
▼ + stars: | 2023-02-15 | by ( Aleksandra Michalska | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermidNEW YORK, Feb 15 (Reuters) - The world's oldest and most complete Hebrew Bible will go on display in London next week before an auction in May where it could sell for up to $50 million, Sotheby's said on Wednesday. Billionaire investor Kenneth Griffin set the record in 2021 when he paid $43.2 million at a Sotheby's auction for a first-edition copy of the U.S. Constitution. The document offers a critical link bridging Jewish oral tradition to the modern Hebrew Bible. The Hebrew Bible contains 24 separate books organized into three parts — the Pentateuch, the Prophets and the Writings. Starting with the book of Genesis and ending with Chronicles, the Hebrew Bible is foundational to Judaism, as well as Christianity and Islam.

☆ Some hedge fund traders are scoring 'Tom Brady-like' salary packages in the tens of millions even as big banks slash headcount and throttle bonuses
▼ + stars: | 2023-02-14 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +3 min

In-demand hedge fund traders are garnering eye-popping salary packages as top Wall Street banks cut costs. Millennium offered certain hires nearly $60 million in guaranteed pay, sources told The New York Times. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. "You're seeing Tom Brady-like pay packages," Colin Lancaster, a former Citadel executive, told the outlet. The recently retired NFL star made $25 million per year, the report reads, not including the millions in outside partnerships.

☆ Top Wall Street analysts find these stocks compelling
▼ + stars: | 2023-02-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their track records. (See Tesla Hedge Fund Trading Activity on TipRanks) Rakesh holds the 113th position among more than 8,000 analysts tracked on TipRanks. (See McDonald's Dividend Date & History on TipRanks) Despite tough macro conditions, McDonald's intends to expand further to grab additional business. Saleh ranks 383 out of more than 8,300 analysts on TipRanks, with a success rate of 65%. In line with his bullish stance, Goldman reiterated a buy rating and increased his price target to $74 from $71.

Still, hedge funds piled into Shaw, betting the deal would go ahead. But now, together, the 12 hedge fund firms have made hundreds of millions over the nearly two-year period between Mar. POPULAR TRADEThe 12 hedge fund firms together owned 7.05% of Shaw's shares, or 33.6 million shares, according to Refinitiv Eikon data. Millennium, for example, is a multi-strategy firm - meaning it operates different hedge fund strategies. If the competition bureau had prevailed, analysts had predicted Shaw shares would have dropped to the pre-bid level of C$23, pointing to steep losses for the hedge funds.

☆ A bored hacktivist browsing an unsecured airline server stumbled upon national security secrets including the FBI's 'no-fly' list. She says what she found reveals a 'perverse outgrowth of the surveill
▼ + stars: | 2023-01-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +15 min

A Swiss hacker says she found a copy of the FBI's "no-fly" list on an unsecured server. "The ever-expanding scope of these lists are due to the revelations of people in the course of investigations," Gray told Insider. When looking at the list, crimew told Insider, "you start to notice just how young some of the people are." crimew told Insider. "I just hope they maybe learned their lesson the second time," crimew told Insider.

☆ Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
▼ + stars: | 2023-01-09 | by ( Carolina Mandl | ) www.reuters.com time to read: +2 min

Overall, hedge funds fell 4.25% last year, according to the HFRI 500 Fund Weighted Composite Index, which tracks many of the biggest global hedge fund performances. Equity hedge funds notched the worst performance in 2022 among the four main hedge funds categories tracked by HFR. Despite their massive losses, crypto hedge funds account for a tiny part of the industry's $3.8 trillion in assets. Macro hedge funds outperformed the industry, HFR showed. Macro hedge funds trade globally a broad range of assets, such as bonds, currencies, rates, stocks and commodities.

☆ Citadel Posts Record Revenues for Hedge-Fund, Securities Operations
▼ + stars: | 2023-01-05 | by ( Juliet Chung | Alexander Osipovich | ) www.wsj.com time to read: 1 min

Citadel ’s winning streak continued in 2022, with Kenneth Griffin ’s hedge-fund and electronic-trading businesses both posting record revenues even as markets swooned, people familiar with the matter said. Citadel, the hedge-fund operation with $54.5 billion under management as of Jan. 1, had about $28 billion in revenue, the people said. That far outstripped its prior record of $16.2 billion the year before. The separate Citadel Securities, one of the world’s biggest electronic-trading firms, had $7.5 billion in revenue, up from the prior record of $7 billion in 2021.

☆ Citadel had record revenues for hedge fund, securities ops in 2022 - WSJ
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +1 min

Jan 5 (Reuters) - Kenneth Griffin's Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global capital markets, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world's biggest electronic-trading firms, brought in $7.5 billion, the report added. Citadel did not immediately respond to a Reuters request for comment on the matter. The hedge fund was also expected to return about $7 billion in profits to investors in the first week of January after a stellar performance last year, a source familiar with the matter had told Reuters in December. Fears of interest rate hikes and the Russia-Ukraine war weighed on capital markets throughout 2022, leaving the benchmark S&P 500 (.SPX) down about 19%, but hedge funds have weathered the downturn better than other financial firms.

☆ Citadel, Other Big Hedge-Fund Winners in 2022 to Return Some Profits to Clients
▼ + stars: | 2022-12-21 | by ( Juliet Chung | ) www.wsj.com time to read: 1 min

Kenneth Griffin, with arm raised, is the founder of Citadel, which expects to return about $7 billion in profits to its clients in January. Citadel expects to return about $7 billion in profits to its clients on the back of what is expected to be its most profitable year ever, said people familiar with the firm, highlighting the banner year some hedge funds have had even as others nurse deep wounds. Citadel’s flagship fund gained about 32% for the year through November, benefiting from bets across the firm’s strategies, the people said. The firm plans to return some profits from all four of its funds in early January but still expects to start 2023 with more than $50 billion in assets under management, one of the people said.

A recent multimillion-dollar transaction could show how Trump might get around that restriction. Many U.S. election law experts expect that MAGA Inc will spend money to support Trump's 2024 campaign, which he officially kicked off on Tuesday. "That's a gray area in the law that they might try to exploit," said Weiner, a former lawyer at the Federal Election Commission. If the FEC doesn't act on the Campaign Legal Center's request for a probe, the group could ask a judge to order the regulator to launch an investigation. A deadlock could lead to further court cases, potentially running out the clock before the 2024 election.

☆ Blackstone CEO Steve Schwarzman says he won't support Donald Trump in the 2024 presidential primary
▼ + stars: | 2022-11-16 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Blackstone CEO and GOP megadonor Steve Schwarzman says he won't support Donald Trump in 2024. Schwarzman and his wife donated $3 million to a Trump super PAC in 2020. The billionaire joins other prominent Republicans who say they will not support Trump's bid. Schwarzman and his wife, Christine Hearst Schwarzman, are Republican party megadonors. Schwarzman had previously criticized the January 6 Capitol rioters and did not support Trump's false claims that he had won the 2020 election.

Search resuls for: "Kenneth G"

25 mentions found