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☆ Russia's oil revenue has plunged as global crude prices tumble
▼ + stars: | 2024-09-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Russia's oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending September 8, per data cited by Bloomberg. AdvertisementRussia's oil business has taken a hit, with the nation's crude revenue dropping to its lowest levels in seven months, according to Argus Media data cited by Bloomberg. Urals crude, Russia's flagship oil blend, has edged lower to $67.61 a barrel, down around 20% from its peak in the spring of this year. Russia is set to make even steeper oil production cuts later in 2024, as part of OPEC's goal to boost crude prices.

Persons: —, Russia's Organizations: Bloomberg, Service, Argus Media, Russia's Energy Ministry Locations: Moscow, Russia, Hungary, Asia

☆ Pro-Trump influencers are rushing to explain after the DOJ said their work was funded by Russia
▼ + stars: | 2024-09-06 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

Major pro-Trump influencers worked for a company the DOJ alleges was funded by Russia. Prosecutors say Tenet Media got nearly $10 million from Russia to spread its message in the US. AdvertisementAfter the Department of Justice accused a US media company of being bankrolled by Russia, several conservative influencers who've worked for the company denied any knowledge of Russian involvement. In an indictment this week, the DOJ said an unnamed Tenessee firm took almost $10 million from the Russian state media company RT. The aim, according to the DOJ, was to "create and distribute content to US audiences with hidden Russian government messaging."

Persons: Trump influencers, — Benny Johnson, Tim Pool, —, influencers who've Organizations: DOJ, Russia, Prosecutors, Media, Service, Department of Justice, Business Locations: Russia

☆ Rising NFL valuations mean massive returns for owners. Here's how good the investment is
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +7 min

watch nowA National Football League team today is a $6.5 billion business. That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Across the past 10 NFL teams to be sold, seven of the 10 outperform the S&P 500 on a percentage-gained basis in the period since the sale. Rising valuationsThe escalation in football team values is largely the result of the league's massive and growing media deals. The typical NFL team has an EBITDA margin of 19%.

Persons: Robert McNair, That's, Peacock, Taylor Swift, Allen J, Tampa Bay's Raymond James, Ryan Flournoy, Matt Hankins, Ron Jenkins, Rob Walton, Josh Harris, Jerry Jones, Jones Organizations: National Football League, Pro, Houston Texans, NFL, Texans, Super, Washington, Denver Broncos —, Miami Dolphins, Comcast, Disney, Paramount, Fox, YouTube, NFL Sunday, Amazon Prime, Thursday, Netflix, CNBC, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Kansas City Chiefs, Los Angeles Times, Getty, Tampa, New England's Gillette, Lincoln Financial, Dolphins, Dallas Cowboys, Los Angeles Chargers, T, Denver Broncos, Tampa Bay Buccaneers, Cowboys, The Cowboys, Dallas Locations: U.S, Chicago, Green Bay ; Wisconsin, Buffalo , New York, New York, Los Angeles, Inglewood , California, Arlington , Texas

☆ Steph Curry says he wants to be an NBA owner in the future
▼ + stars: | 2024-09-03 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC's "Squawk on the Street" on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unanimous Media, and a youth golf tour, Underrated, among other ventures. He told CNBC he is also interested in NBA team ownership one day. That contract will expire when Curry is 39 — and the guard who led the U.S. men's basketball team to an Olympic gold medal in Paris last month said he still has a lot of NBA basketball ahead of him.

Persons: Steph Curry, Curry, that's Organizations: Unanimous Media, CNBC, NBA, Golden State Warriors, U.S Locations: Paris

☆ Brands are so scared of culture wars and controversy that it's ripping apart the media business
▼ + stars: | 2024-08-27 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +12 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesBut it wasn't until Trump's 2016 election that brand safety really entered the mainstream marketing vernacular — and the culture wars. In 2023, more than 21,400 jobs were cut in the US media industry, according to the employment agency Challenger, Gray & Christmas. But some industry experts think it's too late to put the "content adjacency" genie back in the bottle. AdvertisementThe result, Tobaccowala fears, is a further winnowing of the media industry where only the biggest platforms and individual content creators survive.

Persons: —, Elon Musk's, Donald Trump, Alex Marlow, Breitbart, Mark Penn, Tobaccowala, Tucker Carlson, Ingraham, Jessica Sibley, Taylor, Taylor Swift, Vittorio Zunino Celotto, Penn, it's, Richard Raddon, Ben Shapiro, Shapiro, Gregory Woodman, John Deere, Davidson, Kid, Bud, Bud Light, influencer Dylan Mulvaney, Gene J, Rob Kim Organizations: Service, Global Alliance, Responsible Media, Business, Breitbart News, News Corp, Groupe, Association for National, Companies, Giants, YouTube, Fox, Fox News, Facebook, Poets Department, Challenger, Getty, Penn, Publishers, The Daily, State of, US Department of State, Supply, Harley, Associated Press Locations: Ukraine, State of Texas, America

Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Allen Media Group owns broadcast stations in more than 20 markets between ABC, CBS and NBC affiliates, according to the group's website. Representatives for Allen Media Group declined to address the details of this story but said in a statement: "Mr. Allen started Allen Media Group 31 years ago from his dining room table. Allen Media Group is now one of the largest and fastest growing privately-held media companies in the world and is 100 percent Black-owned. Allen Media Group remains strong, and we continue to prudently manage our partner relationships as we have always done over our 31-year history," the statement says.

Persons: Byron Allen, Byron Allen —, Allen, Mr Organizations: Entertainment Studios, Allen Media Group, Milken Institute Global Conference, CNBC, ABC, CBS, NBC, NFL, Allen Media Locations: Beverly Hills , California, Midwest, Southeast, West Coast, Hawaii

☆ Argus Media editor: Iran nuclear deal as we know it is long gone
▼ + stars: | 2024-08-12 | 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 EmailArgus Media editor: Iran nuclear deal as we know it is long goneNader Itayim, Middle East Gulf editor at Argus Media, discusses the Joint Comprehensive Plan of Action and says "trust levels have changed" on both sides.

Persons: Nader Itayim Organizations: Argus, Argus Media Locations: Iran, Middle East Gulf

☆ China’s slower growth hasn’t dragged down this consumer stock. Why it’s up 90% this year
▼ + stars: | 2024-08-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

"We expect 30 retail store openings this year in China and China market sales to grow 21% YoY in 2024." Raised target Morgan Stanley raised its price target to HK$52, up from HK$45 previously, after Pop Mart's profit alert. "Strong pickup in online channels and Pop Land were the key drivers, while offline sales growth also accelerated (driven by teens% [same-store sales growth])." Pop Land is a theme park that Pop Mart opened near a major city park in Beijing in September 2023. "The company is well-prepared to sustain its high sales growth momentum into 2H24F, in our view (we estimate 2H24F total sales growth of 39% y-y)," the Nomura analysts said.

Persons: Morgan Stanley, Pop Mart, they've, Michael Bloom Organizations: Pop Mart, Pop, Mart, Disney, Hong, Apple, Starbucks, HK, China Renaissance, Nomura, U.S, Jefferies, Comcast, CNBC, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Hong Kong, China, Beijing, Pop, Thailand, NBCUniversal, U.S

☆ Opinion | Kamala Harris and the Audacity of Desperation
▼ + stars: | 2024-07-27 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

Since then we’ve watched cracks spread throughout this edifice, dividing groups and institutions that once seemed to move in lock step. These fault lines include the split between a more ideological academic culture, where wokeness seems entrenched, and corporate and media realms, where its hold has somewhat weakened. They include the divisions between donors, university administrators and activists exposed and heightened by the Hamas attacks and the Israel-Gaza war. This means money: a surge of tens of millions of dollars into Democratic coffers. It means star power, whether through endorsements or just associations: Olivia Rodrigo and George Clooney, Charli XCX and Beyoncé.

Persons: Donald Trump’s, Trump, Joe Biden’s, Kamala Harris’s, Nate Silver, Olivia Rodrigo, George Clooney, Charli, Harris, Biden, ” Organizations: Democratic Party, Trump, Democratic Locations: Israel, Gaza

☆ Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
▼ + stars: | 2024-07-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Warner Bros. Warner Bros. Discovery matching rights when it signed its previous media deal in 2014. Discovery's matching rights agreement is five pages long, and the company believes it has a strong case, the people said. Owning NBA rights is valuable to the health of Warner Bros.

Persons: Max, Discovery's Turner, Discovery, That's, Luis Silberwasser Organizations: Warner Bros . Discovery, National Basketball Association, TNT Sports, TNT, NBA, Disney, Comcast, Warner Bros, Discovery's Turner Sports, Amazon, Amazon Prime, Discovery, Media

If you're looking for a business credit card and like to stay at Wyndham hotels, the Wyndham Rewards® Earner Business Card is a very compelling choice. Wyndham Rewards Earner Business Card ReviewJust about every major hotel chain issues a co-branded small-business credit card, and you're probably familiar with some of the big names like The Hilton Honors American Express Business Card or IHG One Rewards Premier Business Credit Card. The Wyndham Rewards® Earner Business Card is one of three Barclays-issued Wyndham Rewards cards, and it's by far the most lucrative. Wyndham Business card fees and costsThe Wyndham Rewards® Earner Business Card has a $95 annual fee, which is typical for small-business cards that earn travel rewards. Wyndham Business credit card frequently asked questions (FAQ)What credit score do you need to be approved for the Wyndham Rewards Earner Business card?

Persons: Hilton, Wyndham Timeshare, gofree Wyndham, Wyndham, cardholders, Vacasa, Cardholders, shouldn't, you'll, There's Organizations: Business, Wyndham Rewards, Card, Citi Strata Premier, Hilton Honors, Wyndham, Diamond, Honors American Express, Business Credit, Barclays, Wyndham Diamond, Uber, Citi, Premier, Avis, Visa, Savings Edge, Wyndham Business, Mastercard, Chevron Locations: Wyndham, Travelodge

☆ Journalist told to pay Italian Prime Minister Giorgia Meloni $5,400 for Tweet mocking her height
▼ + stars: | 2024-07-19 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Rome Reuters —A Milan court has ordered a journalist to pay Italian Prime Minister Giorgia Meloni damages of €5,000 (around $5,400) for making fun of her in a social media post, news agency ANSA and other local media reported. I can’t even see you.”Meloni’s height is given as between 1.58 meters (5 feet 2 inches) and 1.63 meters (5 feet 4 inches) on various media websites. Cortese can appeal against the sentence, and Meloni’s lawyer said the prime minister would donate to charity any damages she eventually receives. Writing in English on X on Thursday, Cortese said it was a tough time for independent journalists in Italy. Last year, a Rome court fined best-selling author Roberto Saviano €1,000 ($1,088) plus legal expenses after he insulted her on television in 2021 over her hardline stance on illegal immigration.

Persons: Rome, Rome Reuters —, Giorgia, Giulia Cortese, Cortese, “, ” Meloni, Benito Mussolini, Giorgia Meloni, Roberto Saviano € Organizations: Rome Reuters, Italian, Twitter Locations: Milan, Italy, Rome

☆ Steve Bannon filmed Jeffrey Epstein for 15 hours. His 'documentary' has never surfaced.
▼ + stars: | 2024-07-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +16 min

Read previewBefore his 2019 death in jail, Jeffrey Epstein spent hours being interviewed on camera by Steve Bannon. AdvertisementAlexandra Preate, a spokesperson for Bannon, told BI in December 2021 that the documentary about Epstein would be screened "probably around Labor Day." In the 2000s, Trump and Jeffrey Epstein fought over Trump's purchase of a Palm Beach mansion that Epstein coveted. Mark Epstein said Jeffrey Epstein told him he wasn't subpoenaed for any depositions at that time. "You were the only person I was afraid of during the campaign," Bannon told Epstein, according to Wolff's book.

Persons: —, Jeffrey Epstein, Steve Bannon, Bannon, Epstein, Ghislaine Maxwell, Epstein —, Donald Trump's, He's, Kevin McCarthy, Alexandra Preate, Preate, Trump Bannon, Mark Epstein, Jeffrey Epstein's, Donald Trump, Melania Knauss, Jeffrey, Trump, Bannon's, Steve Bannon's, Jacob Shamsian, wasn't, would've, Brett Kavanaugh, Kavanaugh, he's, Mike Lindell, I've, It's, Guo Wengui, Guo —, Ho Wan Kwok, Miles Guo —, Guo, Leon Black, Black, Epstein's, David Bossie, Bobbi Sternheim, Gloria Allred, Arick Fudali, didn't, David Schoen, Brad Edwards, Emma, Jo Morris, Hunter, Morris, Michael Wolff, Wolff, Julie K, Brown, Alexander Acosta, Acosta, Ehud Barak, Reid Weingarten, Rachel Maddow, Gayle King, King, Patrick Semansky, he'd, Diana, Jean Carroll, Bergdorf Goodman, Carroll Organizations: Service, New York, Business, Global, Victory Films, Trump, Capitol, Labor, Daily, Miami Herald, Davidoff, BI, Voting Systems, Apollo Global Management, White, Citizens United, Office, Southern, of, New, Trump White Locations: Manhattan, Paris, Palm Beach , Florida, Mexico, Danbury , Connecticut, Palm Beach, New York, jshamsian@businessinsider.com, JacobShamsian, York, Miami, Florida, Trump

☆ The Trump shooter's motive remains a mystery, even to those who knew him
▼ + stars: | 2024-07-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Read previewAs details emerge about the background of the man who tried to assassinate Donald Trump, his motive remains a mystery. The shooter, who has been named Thomas Matthew Crooks, 20, of Bethel Park, Pennsylvania, tried to kill Trump during a rally in Pennsylvania. In 2022, he graduated from Bethel Park High School with a prize for math and science, which was also awarded to around a dozen other students, reported the Pittsburgh Tribune-Review. AdvertisementDuring a brief press conference from the White House, President Joe Biden said investigators had not yet determined Crooks' motive. The FBI told the AP he appeared to have acted alone and had bomb-making materials in the vehicle he drove to the rally.

Persons: —, Donald Trump, Thomas Matthew Crooks, Trump, Neighbors, Crooks, Kevin Rojek, Rojek, Joe Biden, Biden, it'd, he'd, Jameson Myers, Max R, Smith, Tom, That's, Jason Kohler, Kohler, Jim Knapp, Knapp, Michael Dudjak, hadn't, Abdulloh Rakhmatoz, Rakhmatoz Organizations: Service, Investigators, Business, Financial Times, Bethel Park High School, Pittsburgh Tribune, FBI, ABC News, Associated Press, White, Philadelphia Inquirer, NBC News, Reuters, Financial, Pittsburgh CBS Locations: Bethel Park , Pennsylvania, Pennsylvania, Bethel Park, Pittsburgh, Bethel

☆ Trump and his potential VP are at odds over this nasty GOP House primary
▼ + stars: | 2024-07-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Blake Masters and Abe Hamadeh are in the midst of a nasty primary for a House seat in Arizona. Sen. JD Vance, a potential Trump VP pick, has endorsed Masters. AdvertisementAs Donald Trump prepares to announce his vice presidential nominee at the Republican National Convention next week, the former president seems to have found a potential favorite: Sen. JD Vance of Ohio. "It looks good," Trump said of Vance's signature beard on Fox News radio on Wednesday morning. According to various media reports, Vance, Sen. Marco Rubio of Florida, and Gov.

Persons: Blake Masters, Abe Hamadeh, Sen, JD Vance, Masters, Trump, Hamadeh, Vance, —, Donald Trump, Ohio, Abraham Lincoln, Marco Rubio, Doug Burgum Organizations: Trump VP, Service, Republican National Convention, Fox News, Business Locations: Arizona, Marco Rubio of Florida, North Dakota

☆ Iran's new president may be a reformist, but change remains distant
▼ + stars: | 2024-07-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Newly-elected Iranian President Masoud Pezeshkian visits to the shrine of the Islamic Republic's founder Ayatollah Ruhollah Khomeini in Tehran, Iran on July 06, 2024. Fatemeh Bahrami | Anadolu | Getty ImagesIran on Friday elected its first "reformist" president in 20 years, signaling many voters' rejection of hardline conservative policies amid low turnout of just 49%, according to official figures. Iran's sole reformist candidate Masoud Pezeshkian and ultraconservative Saeed Jalili are set to go to runoffs after securing the highest number of votes in Iran's presidential election, the interior ministry said. "This is why many Iranians have lost hope in bringing about change through the ballot boxes and are boycotting elections." "The core structure of Iran's theocratic regime, where a Supreme Leader's authority eclipses that of any president, will remain steadfastly intact… In essence, Iran's theocracy is designed to resist meaningful change."

Persons: Masoud Pezeshkian, Ruhollah Khomeini, Fatemeh, Masoud, Ibrahim Raisi, Sina, Toossi, Massoud Pezeshkian, Majid Saeedi, Mohammad Khatami, Ayatollah Ali Khamenei, Nader Itayim, Khamenei, Itayim, Mohammad Bagher Ghalibaf, Amirhossein Ghazizadeh, Hashemi Alireza Zakani, Saeed Jalili, Mostafa Pourmohammadi, Iran's, ultraconservative Saeed Jalili, Atta Kenare, Ben Taleblu, Pezeshkhian, Mahsa Amini, Amini, Mahsa, Ozan Kose, Pezeshkian's Organizations: Anadolu, Getty, Center for International, CNBC, Guardian Council, Argus Media, Vehicles, Afp, Foundation for Defense of Democracies, AFP, for Human Rights, Trump Locations: Tehran, Iran, Afrasiabi, Islamic Republic, Mideast, Washington, Pezeshkian, Kurdish Iranian, Iranian, Istanbul

☆ I lost my dream job in the US because I couldn't get a work visa. In Canada, the pathway has been much smoother.
▼ + stars: | 2024-07-08 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

I worked with major US news outlets during and after college and wanted to keep working in America, but couldn't secure an H-1B work visa. I spent the next five years in India, working in journalism before pivoting into a brand and communications position. AdvertisementI couldn't get a work visa in the US, but there was a clearer and more stable path to getting one in Canada. My understanding is that it's become harder to get a work visa in the US since. My work visa expires in October 2024, and I'm open to options for settling in Canada beyond that.

Persons: —, Vaishali Gauba, Stephen Colbert, I've, isn't, Donald Trump Organizations: Service, Business, Rutgers University, CNBC, NBC, CBS, Toronto Metropolitan University Locations: Gurugram, India, New Jersey, America, Canada

☆ Hunter Biden sues Fox News over 'mock trial' miniseries
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: +2 min

Hunter Biden (R), son of US President Joe Biden, exits the J. Caleb Boggs Federal Building on June 10, 2024 in Wilmington, Delaware. Jury deliberations began on Monday in Hunter Biden's trial on federal gun charges, US media reported. U.S. President Joe Biden's son Hunter Biden sued conservative news outlet Fox News on Monday for publishing nude photos and videos of him in a fictionalized "mock trial" miniseries focused on his foreign business dealings. Hunter Biden alleges Fox violated New York state's so-called revenge porn law, which makes it illegal to publish intimate images of a person without their consent. Fox aired "The Trial of Hunter Biden: A Mock Trial for the American People" on its Fox Nation streaming platform in October 2022 but later took it down under threat of lawsuit by Biden's attorneys.

Persons: Hunter Biden, Joe Biden, Caleb Boggs, Hunter Biden's, Joe Biden's, Fox, Biden Organizations: Fox Locations: Wilmington , Delaware, New York, Delaware, California

☆ 'He must bow out': the media reacts to Biden's historically bad debate performance
▼ + stars: | 2024-06-28 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Read previewPresident Joe Biden's historically bad debate performance on Thursday night was received so poorly that there's serious talk among America's commentariat that he could, or should, or needs to be replaced. AdvertisementLiz Peek, also writing for Fox News, described Biden's performance as shocking the nation and as "an astonishing disaster." It started with a devastating line: "The best that can be said of Joe Biden's stumbling debate performance was that it took place in June." Noah Smith, the American blogger, also offered a bleak assessment of the debate performance. AdvertisementAnd podcaster Joe Klein did not mince his words in his summary of Biden's debate performance.

Persons: —, Joe Biden's, Biden's, Brian Stelter, Biden, Thomas L, Friedman, Prez, Mark Penn, Joe, Liz Peek, Joe Biden, Stephen Collinson, KDAhZx2jyB, Molly Ball, Ball, Peggy Noonan, Ed Luce, pollster Nate Silver, what's, Noah Smith, Trump, Joe Klein Organizations: Service, Business, CNN, New York Times, The New York, Biden, Trump, Washington Post, Fox News Fox News, Fox News, CNN Politics, Street Locations: Afghanistan, Pakistan, Lisbon, York, Washington Post The Washington, ,

☆ The cost of sports content is soaring — and it could mean big cuts in Hollywood budgets
▼ + stars: | 2024-06-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Read previewSports has increasingly become the star of the show for big TV companies, and its ascent is sending a shiver down Hollywood's spine. AdvertisementSports media rights have never been more expensive, but media companies keep paying up. The number of TV shows across the industry has been declining since the 2022 end of the Peak TV era. Media companies have been aggressively pursuing other secondary sports to maintain their value to distributors and advertisers, as Warner Bros. AdvertisementRelationships with the top people in sports will likely be a bigger factor in leadership at media companies moving forward.

Persons: —, Doug Shapiro, Shapiro, Seth Meyers, Spencer Wang, David Levy, — it's, Levy, it's, Jonathan Miller, WBD, Michael Kassan, Mark Lazarus, Media Group's, John Kosner, Ed Desser, Sports doesn't, David Zaslav, Alex Iosilevich Organizations: Service, NBA, Business, Turner Broadcasting, Apple, Google, Street Journal, NBC, ESPN, Amazon, Warner Bros, NFL, Comcast, Netflix, Nielsen, Turner Networks, Horizon, Entertainment, Marvel, Star, Integrated Media Co, Hollywood, Media, Warner Bros . Discovery, Sports, Cannes Lions, Turner, TNT, TBS, Premier League, WWE

☆ Hollywood is facing a dire threat: sports
▼ + stars: | 2024-06-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

AdvertisementSports media rights have never been more expensive, but media companies keep paying up. The number of TV shows across the industry has been declining since the 2022 end of the Peak TV era. Media companies have been aggressively pursuing other secondary sports to maintain their value to distributors and advertisers, as Warner Bros. All this has dire implications for entertainment budgets, which media companies have already been trimming after overspending to build streaming businesses. AdvertisementRelationships with the top people in sports will likely be a bigger factor in leadership at media companies moving forward.

☆ Iran's upcoming snap elections: A battle of anti-western hardliners
▼ + stars: | 2024-06-17 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Iranian Leader Press Office | Anadolu | Getty ImagesIran is holding snap elections on June 28 following the sudden death of former Iranian President Ibrahim Raisi in a helicopter crash. The election will take place against the backdrop of a battered Iranian economy, widespread popular discontent and crackdowns on dissent. He described Iran's supreme leader Ayatollah Khamenei⁠ as the country's "only 'voter' of significance." Iran's Presidency | WANA | Via ReutersBut with Sunday's announcement of the approved candidates, "those hopes were largely dashed," he said. It comes after turnout for Iran's parliamentary election in March was also the lowest for a legislative contest in the Islamic Republic's history at 41%.

Persons: Ali Khamenei, Ebrahim Raisi, Hossein Amir, Ibrahim Raisi, crackdowns, Behnam ben Taleblu, Ayatollah Khamenei⁠, ben Taleblu, Nader Itayim, it's, Raisi, Khamenei, Mahsa Amini, Sanam Vakil, Itayim, ATTA KENARE Organizations: Iran's, Tehran University, Iranian, Press, Anadolu, Getty, U.S, Guardian Council, Council, Foundation for Defense of Democracies, CNBC, Western, Argus Media, Reuters, Union for Secular Republic, Human Rights, Chatham House, Islamic Locations: Tehran, Iran, Israel, Mideast, Iran's, Islamic Republic, Kurdish Iranian, East, North Africa

☆ American tourist found dead on small Greek island. Three other tourists are missing
▼ + stars: | 2024-06-16 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

ATHENS, Greece AP —A missing American tourist has been found dead on a beach on a small Greek island west of Corfu, local media reported. He had been reported missing Thursday by his host, a Greek-American friend. Mathraki, which has a population of 100, is a 3.9-square-kilometer (1.2-square-mile) heavily wooded island, west of the better-known island of Corfu. On Friday, two French tourists were reported missing on Sikinos, a relatively secluded Cyclades island in the Aegean Sea, with less than 400 permanent residents. US media identified the missing tourist as retired Los Angeles County Deputy Sheriff Albert Calibet of Hermosa Beach, California.

Persons: Michael Mosley, Sheriff Albert Calibet, Tourism Popi Despotidi, Calibet, Amorgos “ Organizations: Greece AP, Los Angeles, Sheriff, Tourism, CNN Locations: ATHENS, Greece, Corfu, Mathraki, British, Symi, Amorgos, Los Angeles County, Hermosa Beach , California

☆ Judge approves liquidation of Alex Jones’ personal assets to pay Sandy Hook victims’ families
▼ + stars: | 2024-06-14 | by ( Jon Passantino | Nicki Brown | ) edition.cnn.com time to read: +1 min

CNN —A Texas bankruptcy court judge has approved the liquidation of conspiracy theorist Alex Jones’ personal assets, setting the stage for repayment to the families of Sandy Hook shooting victims. Last week, Jones agreed to convert his personal bankruptcy into a Chapter 7 liquidation. The seismic move paves the way for Jones to no longer own Infowars, the influential conspiracy empire he founded in the late 1990s. Texas Judge Christopher Lopez will also on Friday consider liquidating Jones’ company Free Speech Systems, the parent company of Infowars, to pay the judgments to the Sandy Hook families. Jones acknowledged Friday that his most famous media property is likely to go away as part of his ongoing bankruptcy case.

Persons: CNN —, Alex Jones, Sandy Hook, Jones, Christopher Lopez, liquidating Jones, ” Jones, “ It’s Organizations: CNN, Speech Systems Locations: Texas, Houston

☆ Donald Trump-Karen McDougal Affair: Was Melania Pregnant?
▼ + stars: | 2024-06-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

According to one of the prosecutors in the case, Trump had an affair with Karen McDougal, a former Playboy model, while his wife, Melania Trump, was pregnant. The idea that the affair took place while Melania Trump was expecting a child, however, had never been previously reported. "We were just as surprised as you when Josh Steinglass stated that Melania was pregnant at the time," Carol Heller, a representative for McDougal, told Business Insider. Barron Trump, the sole child of Donald and Melania Trump, was born in March 2006 — before McDougal says the affair took place. Advertisement"Steinglass misspoke about Melania being pregnant during the affair, and Merchan relied on the incorrect impression he gave when he talked about Melania being pregnant," Heller told BI.

Persons: —, Donald, Trump, Karen McDougal, Melania Trump, McDougal, Joshua Steinglass, Steinglass, Josh Steinglass, Melania, Carol Heller, Juan Merchan, Trump's, Barron Trump, Chad Buchanan, Heller, Merchan, McDougal —, Karen, Barron, didn't, Stormy Daniels, Todd Blanche, Blanche, Daniels, Billy Farrell, Patrick McMullan, Joe Palazzolo, Michael Rothfeld, Gina Rodriquez, Dylan Howard, Rodriguez, Donald Trump, McDougal's, Michael Cohen —, fixer —, Cohen, Anderson Cooper, Cooper Organizations: Service, Business, Trump, New, Playboy, Prosecutors, Attorney's Office, National Enquirer, Getty, NBC, Tahoe, Donald Trump . Manhattan, Attorney's, CNN Locations: Manhattan, Los Angeles, Lake Tahoe

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