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☆ ‘Dune 2’ passes ‘Oppenheimer’ opening weekend at domestic box office with $82.5 million
▼ + stars: | 2024-03-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Oppenheimer, directed by Christopher Nolan, brought in $82.4 million in its opening weekend. The film is a much-anticipated sequel to one of the most popular science fiction adaptions in recent years, and helped revive a sleepy box office. Similarly, “Oppenheimer” was one half of the “Barbenheimer” phenomenon last summer, which took social media and the movie theater industry by storm. “This is just what the box office needed and much higher than any of us could predict,” said Jeff Goldstein, president of domestic distribution at Warner Bros. Pictures, which distributed the movie. And we grossed $178.5 million worldwide, which is quite a standup.”The sequel doubled the domestic opening of the first “Dune” installment, which opened with $41 million when it was simultaneously released in theaters and on the streaming service HBO Max in October 2021.

Persons: New York CNN —, “ Oppenheimer, ”, ‘ Oppenheimer, ’, Denis Villeneuve, Oppenheimer, Christopher Nolan, “ Denis Villeneuve, ‘ Oppenheimer ’, ” Paul Dergarabedian, “ Oppenheimer ”, Jeff Goldstein, HBO Max, CNN’s Eva Rothenberg Organizations: New, New York CNN, Warner Bros ., CNN, Universal Pictures, Warner Bros . Pictures, HBO Locations: New York

☆ Nikki Haley’s South Carolina loss is unique in US politics
▼ + stars: | 2024-02-25 | by ( Annette Choi | Zachary Wolf | ) edition.cnn.com time to read: +4 min

Now she has lost the primary in her home state of South Carolina, where she was a two-term governor. Fellow Floridian Jeb Bush, a former governor, dropped out earlier, after a disappointing finish in nearby South Carolina. Former Rep. Dennis Kucinich also made an argument about influencing the agenda when he refused to drop out of the 2004 Democratic primary race. Could Haley win delegates without winning states? Heading into South Carolina, Trump had 63 delegates and Haley had 17.

Persons: Nikki Haley, Donald Trump, won’t, Sen, Marco Rubio, Trump, Jeb Bush, Elizabeth Warren of Massachusetts, Warren, Amy Klobuchar, Ron Paul, wasn’t, Mitt Romney, Paul’s, Dennis Kucinich, Kucinich, Haley, Haley isn’t, It’s, CNN Haley, ”, Jake Tapper, Tapper she’ll Organizations: CNN, Republican, Florida Republican, GOP, Florida ., Democratic, Former, Republicans, Trump, South Locations: Iowa, New Hampshire, Nevada, South Carolina, Florida, Massachusetts, Minnesota, Texas, Ohio

☆ Nvidia’s wild ride and induction into the $2 trillion market cap club in two charts
▼ + stars: | 2024-02-23 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Both companies later breached $3 trillion in market valuation, but, as of Friday, only Microsoft remains above it, at roughly $3.07 trillion. Apple's market cap stands at around $2.8 trillion. After more than tripling in 2023, Nvidia's stock has soared more than 60% already in 2024. In February alone, Nvidia's market cap has swelled by nearly $500 billion. At that time, Nvidia's market cap stood at $583.5 billion.

Persons: ChatGPT, —, Microsoft —, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Tom Williams Organizations: Nvidia, Apple, Microsoft, Exxon Mobil, Google, CNBC, CQ, Inc, Getty Locations: U.S

☆ ‘Drive-Away Dolls’ Review: Ethan Coen’s Sluggish Joyride
▼ + stars: | 2024-02-22 | by ( Manohla Dargis | ) www.nytimes.com time to read: +3 min

The title of Ethan Coen’s leaden romp “Drive-Away Dolls” summons up the vulgar excesses of old-school exploitation cinema, with its horrors and pleasures, carnage and flesh. This is the most recent movie that Ethan Coen has made without his brother, Joel, his longtime collaborator. (Ethan also made the 2022 documentary “Jerry Lee Lewis: Trouble in Mind.”) To a degree, “Drive-Away Dolls” seems of a piece with the Coens’ practice of playing with story forms (film genres and otherwise), which they have consistently satirized, upended and all but gutted. Written by Coen and his wife, Tricia Cooke, “Drive-Away Dolls” opens on an old-style neon bar sign spelling out the word “Cicero,” immediately suggesting that you’re in familiar Coen territory. After some character introductions — enter Jamie, Marian et.

Persons: Ethan Coen’s, —, Margaret Qualley, Jamie, Geraldine Viswanathan, Marian —, Ethan Coen, Joel, Ethan, Jerry Lee Lewis, Coen, Tricia Cooke, “, Cicero, ”, Pedro Pascal, Marian et, Bill Camp, Marian’s, Beanie Feldstein, Marian Locations: Philadelphia, Florida, Tallahassee

☆ Osman Yousefzada: Queer Feet at Charleston House is bringing working class stories to upper class spaces
▼ + stars: | 2024-02-13 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +6 min

CNN —Countless creative ideas have been born in the kitchen of Charleston House, the bohemian modernist farmhouse inhabited from 1916 by painters Duncan Grant and Vanessa Bell in a rural part of southern England. Courtesy Osman Yousefzada“What I do is try and tell working class stories in highbrow institutional spaces,” Yousefzada told CNN in a phone interview. “Even now, generations on, Charleston is still a very aspirational and very privileged space, but I try and subvert that.., to open the space for working class voices,” said Yousefzada. “A warning, caution.”"Unless you're signposted that having a creative life is OK, it's not an easy path to take," said Yousefzada. I grew up in a restricted monoculture and so it took me a long time to find those (artistic) spaces.

Persons: Duncan Grant, Vanessa Bell, Grant, Bell —, Virginia Woolf, Forrester —, —, Osman Yousefzada, Lee Robbins, ”, Emily Hill, Yousefzada, Osman, “, ’, Duncan Grant’s, it’s, we’re, there’s Organizations: CNN, Charleston House, Bloomsbury, Charleston Trust “, Charleston Trust Locations: Charleston, England, Virginia, British, Birmingham, Iran, India, Turkey, London

☆ ‘Ghetto Fabulous’ on the Red Carpet
▼ + stars: | 2024-02-06 | by ( Sadiba Hasan | ) www.nytimes.com time to read: +1 min

The rapper leaned heavily into the era at the Grammy Awards on Sunday, wearing custom Baby Phat. She arrived in a fur-lined denim jacket and a matching maxi skirt that trailed behind her as she walked the red carpet. Baby Phat was started by Kimora Lee Simmons in 1999. But in its heyday Baby Phat never had a big presence on red carpets. Since then, though, streetwear and hip-hop have only become more influential at even the most rarefied houses.

Persons: Spice, Phat, Kimora Lee Simmons, women’s streetwear, Baby Phat, Missy Elliott, Lil ’ Kim, Jennifer Lopez, Simmons, —, Lil Durk, Pharrell Williams, Louis Vuitton

☆ The Fall of the Timepiece Gentleman, the Luxury Watch Dealer Who Ran Afoul of the Feds
▼ + stars: | 2024-02-04 | by ( David Kushner | ) www.businessinsider.com time to read: +29 min

Farrer is better known as the Timepiece Gentleman, the flashiest online dealer in the $75 billion luxury watch trade. All he needed was the right name for his luxury watch business — something distinctive, something memorable. In his mind, he pictured what the ultimate luxury watch dealer would look like. To launch his career as the Timepiece Gentleman, Farrer boned up on the jargon of horology, from escape wheels and spring barrels to flinques and guilloches. Despite the staggering size of the luxury watch trade, nobody had thought to market its glamour and mystique.

Persons: Reddit, I've, Anthony Farrer, Farrer, Mark Wahlberg, Marky Mark, Patek Philippes, Sharf, Prada, he'd, Cameron, Travis Baker, chronograph, Richard Chance, He'd, timepieces, Farrer boned, they're, Kevin Hart, It's, Buyers, Darby McVay, McVay, Liz Guilliams, Guilliams, You've, Dallas —, Crimepiece, vouching, Santa Monica, —, Darth Vader, y'all, reselling, Anthony, stiffing, Wesley Stokes, Stokes, Bob Schober, Joe Haden, Richard Mille, Schober, He's, Peter, Paul, didn't Organizations: YouTube, FBI, Timepiece Gentlemen, Watch, Buffalo Wild Wings, Business, Boston Consulting Group, Texans, Craigslist, Lamborghini, Malibu, Downtown, Hollywood, Cleveland Browns, TPG, Ducati, Venice Locations: Venice , California, Venice, backwoods Texas, Reddit, cowpoke, Sherman , Texas, Dallas, It's, Salt, Riding, Los Angeles, In Dallas, LA, Santa, Texas, Downtown Los Angeles, South Carolina, Scottsdale , Arizona, Stokes

☆ Can a Forgotten Hot Spot Reclaim Its Cool?
▼ + stars: | 2024-01-24 | by ( Chantel Tattoli | ) www.nytimes.com time to read: +1 min

Anya Firestone’s job as a luxury tour guide in Paris has brought her to many rarefied corners of the city. But only recently did she do something that countless locals and visitors have done over the last 130 years: Book a reservation at Maxim’s, the storied French restaurant that opened in 1893 and has counted Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin and Man Ray among its patrons. “The place was packed,” Ms. Firestone, 35, said of the night she ate there in late November. She was not alone in that perception. “Many people, even most, did not realize it was open as a restaurant,” said Pierre Pelegry, a director at Maxim’s who has worked there for 27 years and was hired by Pierre Cardin, the French fashion designer, after he bought the restaurant in 1981.

Persons: Anya Firestone’s, Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin, Man Ray, Ms, Firestone, hadn’t, ”, Pierre Pelegry, Pierre Cardin Locations: Paris, Maxim’s

☆ Here's a rapid-fire update on all 32 stocks in our portfolio, including Cramer's fave tech play
▼ + stars: | 2024-01-24 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +15 min

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Investors tend to assign a premium to software revenue because it is often recurring and higher margin than hardware. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, downgrades, preorders, we've, Jim said, Salesforce, Baird, Dupont De, Dupont, Walt Disney, Nelson Peltz, Estee Lauder, Fabrizio Freda, We've, he's, it's, Locker, Mary, Vimal Kapur, Eli Lilly, Lilly, Meta's Ray, Morgan Stanley, Ted Pick, James Gorman, —, chipmaker, It's, hasn't, Stanley Black, Decker, Wells, Charlie Scharf, We'll, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, mojo, Vision Pro, Broadcom, VMWare, Bausch Health, Caterpillar, Dupont, Costco Wholesale, Coterra Energy, Dupont De Nemours, Disney, Eaton Corp, Ford, Holding, Federal Reserve, GE Healthcare, Wall, Google, Honeywell, Boeing, Airbus, Linde, Facebook, Microsoft, Nvidia, Alto Networks, Palo Alto, Procter & Gamble, Constellation Brands, Modelo, TJX, Wynn Resorts, We've, Wynn, Jim Cramer's Charitable Locations: China, Indonesia, Brazil, India, U.S, Shenzhen, We're, Eaton, Ford, That's, Palo, Palestine, Wells Fargo, Wynn, Macau

☆ ‘Menus-Plaisirs — Les Troisgros’ Review: A Beautiful Collaboration
▼ + stars: | 2023-11-22 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

Frederick Wiseman’s transporting documentary “Menus-Plaisirs — Les Troisgros,” centers on a dynasty of French chefs who live and work in a pastoral region in central France named Ouches, some 65 miles west of Lyon. The chef Daniel Boulud includes the Troisgros salmon recipe in several of his cookbooks. “Menus-Plaisirs” is Wiseman’s 44th documentary and the first that he’s made since “City Hall” (2020), which notionally focuses on the administration building for the city of Boston. (In between “City Hall” and “Menus-Plaisirs,” he made one of his rare forays into fiction, “A Couple,” about Sophia Tolstoy.) Wiseman directed, edited and served as one of the producers on “Menus-Plaisirs,” which runs a heroic four hours (about a half-hour shorter than “City Hall”!).

Persons: Frederick Wiseman’s, Les, Michel, who’s, Bois, Michel’s, Pierre, Jean, Daniel Boulud, he’s, notionally, ”, Sophia Tolstoy, Wiseman, Le Bois, Marie Organizations: Michelin, “, ” Locations: France, Lyon, Boston, “, Roanne

☆ It's been 2 years since the Nasdaq hit a record and it's gone nowhere since
▼ + stars: | 2023-11-18 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The loudest investor chatter for months has insisted the heavyweights of the Nasdaq have been everything to the market in 2023. Sunday is the second anniversary of the all-time closing high in both the Nasdaq Composite and Nasdaq 100 indexes, which remain 12% and 4 % underwater even after their monster gains in recent months. It's relatively rare for the Nasdaq 100 – the most easily investable part of the Nasdaq and the one most reflective of the mega-cap dominance – to enter a two-year downturn. Only three of the Big Seven have outperformed the Nasdaq 100 over the past two years – Apple, Nvidia and Microsoft — while Meta Platforms has kept pace and Amazon, Alphabet and Tesla have lagged. Friday showed signs of outright rotation, the Russell 2000 up 1.3% versus a flat Nasdaq 100.

Persons: Invesco, Scott Chronert, we've, I've, –, Chronert, Apple's, What's, Berkshire Hathaway, Tony Pasquariello, Goldman Sachs, Russell, disinflation Organizations: Nasdaq, Sunday, QQQ, Citi, Apple, Nvidia, Microsoft, Meta, Berkshire, Fed Locations: lockstep, Berkshire, Whereto

☆ Beyoncé and Jay-Z Are Clients, So Too Larry Ellison: How a Superbroker Operates
▼ + stars: | 2023-11-11 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

If you’re Kurt Rappaport —a real-estate agent to the stars, with billionaires on speed dial and $100 million home sales under your belt—there’s really only one way to throw yourself a housewarming party, and that’s by inviting Snoop Dogg to DJ. The 2022 event, at Rappaport’s old Hollywood-style compound in Los Angeles, was the culmination of a five-year renovation. It epitomized the rarefied world of luxury real estate in which Rappaport operates, where A-list clients flip $50 million homes and industrious agents can make fortunes of their own helping others buy and sell real estate.

Persons: Kurt Rappaport —, Snoop Dogg, DJ, Rappaport Locations: Los Angeles

☆ Sofia Coppola, “Priscilla” and the Art of the Alluring Sad Girl - The New York Times
▼ + stars: | 2023-11-10 | by ( Emily Yoshida | ) www.nytimes.com time to read: +3 min

But by then she was well positioned to occupy the rarefied worlds of alternative film, fashion and music, insulated from snarky criticism and the crassness of commercial demands. I don’t see the presence of these rarefied worlds — either in her biography or as depicted on the screen — as a shortcoming. Arguably, Ms. Coppola is exceptional as an artist because nobody among her contemporaries succeeds in preserving that pristine air the way she does, especially when used to embody an explicitly feminine worldview. There may be a rebelliousness in this stillness, and a romance — of taking up things and pondering them in your heart. But on the most basic level, what Ms. Hirschberg described as a strength is a tendency to abstain, to not do something — a tendency shared by many of Ms. Coppola’s protagonists.

Persons: Eleanor, Ms, Coppola, Mary Corleone, she’s, you’ve, Luke, I’ve, hosannas, Mary, Lynn Hirschberg, Sofia Coppola’s, ”, Hirschberg, Elvis Presley Locations: Bethlehem

☆ Sam Bankman-Fried Was a Grown Up Criminal, Not an Impulsive Man-Child
▼ + stars: | 2023-11-03 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

Sam Bankman-Fried, crypto’s Icarus, was convicted of seven counts of fraud and conspiracy on Thursday night after a trial that generated 10 million pages of documents and only a few hours of jury deliberation. As ever, it is perhaps best to start from the very beginning. Or, in the specific absence of that, what would 12 ordinary people see when they were seated on the other side of the witness stand from him? The prosecution hoped that they would observe a grown man, steeped in self-contradiction and capable of criminality, rather than the 31-year-old boy Mr. Bankman-Fried appeared to be, someone whose adolescent enthusiasms and distractibility caused him to make billions of dollars worth of hapless, innocent errors. In the end, the jury saw only the duplicitous adult.

Persons: Sam Bankman, Michael Lewis, Bankman, “, Fried, Ostentatiously, Shakespeare, distractibility

☆ Perez to feel the love even if the dream is dashed
▼ + stars: | 2023-10-25 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

"I don't think Max is going to get the warmest reception in Mexico," commented team boss Christian Horner after Verstappen won to boos in Austin last Sunday. Perez, with 'Never Give Up' prominent on a specially-designed helmet for the occasion, remains positive despite a run of poor form. Perez, a winner twice this year, has been off the podium in his previous four outings and beaten by Verstappen in the last 14. Verstappen has won four of the last five Mexican Grands Prix while Perez has been third in the last two. Denmark's Frederik Vesti will take George Russell's Mercedes and Britain's Oliver Bearman replaces Kevin Magnussen at Haas for FP1.

Persons: Sergio Perez, Greenlee Beal, Bull, Max Verstappen, Mexico City's Autodromo Hermanos Rodriguez, Max, Christian Horner, Verstappen, Austin, Perez, Alain Prost, McLaren's Lando Norris, German Nick Heidfeld, Norris, Lewis Hamilton, Hamilton, Jack Doohan, Mick, Isack Hadjar, Theo Pourchaire, Denmark's Frederik Vesti, George Russell's Mercedes, Britain's Oliver Bearman, Kevin Magnussen, Haas, Alan Baldwin, Ed Osmond Organizations: United, Prix, Mexico City's Autodromo Hermanos, Verstappen, Grands Prix, Alpine, FP1, Thomson Locations: United States, Americas, Austin , Texas, U.S, Mexican, Mexico, German, Austin, London

☆ The Botched Hunt for the Gilgo Beach Killer
▼ + stars: | 2023-10-19 | by ( Robert Kolker | ) www.nytimes.com time to read: +3 min

This summer, after 13 years, the police finally made an arrest in the Gilgo Beach murders. When I was reporting “Lost Girls,” my 2013 book about the case and victims, the police were largely silent. Since July, I’ve conducted interviews with people close to the Gilgo case during every chapter of its bizarre 13-year timeline. (Several sources asked for anonymity, concerned that public statements by insiders might undercut the case against Heuermann before the trial.) From the moment those women were found at Gilgo Beach, the law-enforcement culture of Suffolk County seemed so preternaturally ill suited to handle this case that a killer was allowed to roam free.

Persons: Gilbert, Rex Heuermann, Heuermann, I’ve, —, curdled Organizations: Heuermann, Hamptons Locations: Manhattan, Massapequa, Long, Gilgo, Suffolk County, Brentwood, Wyandanch, Central Islip, It’s

☆ ‘The Sea Beyond’ Review: Juvenile Detention, Italian-Style
▼ + stars: | 2023-10-16 | by ( Mike Hale | More About Mike Hale | ) www.nytimes.com time to read: +1 min

It’s hot in there and we’re not just talking about the steam in the showers, though there’s a lot of that, too. A naval base in real life, it has a picturesque location on a pier; the show’s Italian title, “Mare Fuori,” translates more literally to “The Sea Outside,” as in the sea outside the prison windows. Italian viewers are getting ready for Season 4, whose filming was occasionally interrupted by the screams of fans clustered outside the prison gates. Based on the first season, it is easy enough to understand the impact of “The Sea Beyond” on T-shirt sales and young heart rates. Its heart is pure soap opera, and the writing and direction do not aspire to more.

Persons: “, molto bello, we’re, ”, “ Mare, James Dean Locations: Italy, Naples, Mount, America

☆ It's not just you. LinkedIn has gotten really weird.
▼ + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com time to read: +19 min

The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.

Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, —, , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California

☆ Rupert Murdoch, a kingmaker in GOP politics, enriched himself as he poisoned America
▼ + stars: | 2023-09-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —Rupert Murdoch’s reign over the insidious right-wing media kingdom he forged into existence over a decades-long career is coming to a close. Murdoch is a strategic thinker and ruthless businessman, who would have given the timing of his exit immense thought. Is the announcement an indication that Murdoch is attempting to further cement his son, Lachlan, as his successor? The other question is: How will this transition impact the organization of Murdoch’s companies? And the biggest question of all: Does Murdoch have some additional surprises left up his sleeve?

Persons: Rupert Murdoch’s, Murdoch, “, Murdoch bashed, ”, ” Murdoch, —, Donald Trump, Lachlan, Will Lachlan Organizations: CNN, Fox Corporation, News Corporation, Fox News, Fox, Voting Systems, Dominion, News Corporations Locations: cahoots, Smartmatic

☆ It’s Not a Race, Yet, in the Republican Primary
▼ + stars: | 2023-09-21 | by ( Nate Cohn | More About Nate Cohn | ) www.nytimes.com time to read: +1 min

Donald J. Trump’s lead in the Republican primary just keeps growing. He’s approaching the position of George W. Bush, who led John McCain by a similar margin at this stage of the 2000 race. The 2000 election is a helpful reminder that the race might still become more competitive. Mr. Bush skipped the first two debates, but Mr. McCain ultimately won New Hampshire, cleared the field of significant opponents, and ultimately won six more contests. That’s more than can be said right now for Mr. Trump’s competition, which would probably go 0 for 50 if states voted today.

Persons: Donald J, Trump’s, Ron DeSantis, Trump, George W, Bush, John McCain, McCain, didn’t Organizations: Republican, Fox News, Quinnipiac Locations: rarefied, New Hampshire

☆ Rupert Murdoch steps down as Fox and News Corp. chairman, sending shockwaves through media and politics
▼ + stars: | 2023-09-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation. Lachlan Murdoch steps inLachlan Murdoch will take over as chairman of Fox and News Corporation. Evan Agostini/Invision/APStepping into his shoes, Murdoch’s eldest son, Lachlan, who already serves as chief executive of Fox Corporation, will become sole chairman of both companies. In 1986, Murdoch got into the television business after he purchased several US television stations and created Fox Broadcasting. In recent years, under Murdoch, Fox News has advanced baseless conspiracy theories, including the Covid-19 pandemic and the 2020 presidential election.

Persons: Rupert Murdoch, ” Murdoch, Murdoch, Donald Trump’s, Lachlan Murdoch, Evan Agostini, Lachlan, ”, Rupert, “, ” Rupert Murdoch, Trump, oilman Marvin Davis, Donald Trump, Bill Hemmer, Hemmer, Dana Perino Organizations: New, New York CNN, Fox Corporation, News Corporation, “, ”, Fox and News Corporation, Wall Street Journal, New York, Republican Party, Fox News, CNN, Australian, UK’s, The Times, Sunday Times of, Century Fox, Fox Broadcasting, Sky, Comcast, Fox, Disney, Fox Sports, Fox News Fox News, Voting Systems, Dominion Locations: New York, cahoots, Sunday Times of London, Britain, America

☆ Read Rupert Murdoch's memo to staff announcing he's stepping down from Fox and News Corp.
▼ + stars: | 2023-09-21 | by ( Lucia Moses | Grace Kay | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch said Thursday he's stepping down as chair of Fox and News Corp.Murdoch will exit his role in November. His eldest son, Lachlan Murdoch, will be his successor. In a memo to staff, Murdoch wrote, "Our companies are in robust health, as am I." Dear Colleagues,I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News. When I visit your countries and companies, you can expect to see me in the office late on a Friday afternoon.

Persons: Rupert Murdoch, Murdoch, Lachlan Murdoch, Lachlan, — Organizations: Fox, News Corp, Service, Media, Century Fox, Fox Broadcasting, Fox News, Street Locations: Wall, Silicon, cahoots

☆ Rupert Murdoch steps down as chairman of Fox and News Corp.
▼ + stars: | 2023-09-21 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +8 min

Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp. , the companies said Thursday. Lachlan Murdoch, one of his sons, will become sole chairman of News Corp. and will continue as Fox Corp.'s executive chair and CEO. At the time, Fox had opposed having the elder Murdoch — as well as other top Fox executives — appearing in person, citing his age. Since July 2022, Murdoch had worked from his home in Montana rather than going into Fox or News Corp. offices, according to a securities filing. News Corp. owns newspapers The Wall Street Journal and New York Post, among other publications, while Fox is the parent company of right-leaning TV networks Fox News and Fox Business.

Persons: Rupert Murdoch, Murdoch, Lachlan Murdoch, –, Joe Biden, Donald Trump, Murdoch's, Fox, Murdoch —, —, Fox wouldn't, Tucker Carlson, Marvin Davis, Michael Wolff's, Read, Lachlan Organizations: Fox Corp, News Corp, Voting Systems, Fox News, Fox, Wall Street, New, New York Post, Fox Business, News, Century Fox, Fox News Channel, Disney Locations: Dominion, Delaware, Montana, New York, Australian, Adelaide, Australia, Britain, U.S, cahoots

☆ Bill Gates and Elon Musk: An excerpt from Walter Isaacson's new biography of Musk
▼ + stars: | 2023-09-10 | by ( Walter Isaacson | ) www.cnbc.com time to read: +7 min

The following is adapted from Walter Isaacson's biography "Elon Musk," publishing Sept. 12. "Hey, I'd love to come see you and talk about philanthropy and climate," Bill Gates said to Elon Musk when they happened to be at the same meeting in early 2022. In the rarefied fraternity of people who have held the title of richest person on Earth, Musk and Gates have some similarities. Gates had shorted Tesla stock, placing a big bet that it would go down in value. "How can someone say they are passionate about fighting climate change and then do something that reduced the overall investment in the company doing the most?"

Persons: Walter Isaacson's, Elon Musk, Bill Gates, Gates, They'd, Rory, schedulers, Musk, Omead Afshar, they'll, I'd, shorting Tesla, Claire Boucher, Grimes, Tesla, Walter Isaacson, Jennifer Doudna, Leonardo da Vinci, Steve Jobs, Albert Einstein, Benjamin Franklin, Henry Kissinger Organizations: SpaceX, Tesla, Washington , D.C, Twitter, CNBC, Tulane University, CNN Locations: Austin, Washington ,

☆ Climate Change Is Killing the Sun-Seeking Summer Vacation - The New York Times
▼ + stars: | 2023-09-03 | by ( Henry Wismayer | ) www.nytimes.com time to read: +2 min

As a general rule, the response of tourists to upheaval is a barometer of a destination’s perceived stability. The future of the climate crisis portends the far grimmer prospect of disruption without end. Placed alongside the more mortal implications of catastrophic shifts in our climate, the upending of vacation plans might seem trivial. However, it reveals something about climate change’s totalizing potential and the extent to which persistently violent and volatile weather might compromise our quality of life. But in every case, it will become harder to see our best-laid plans through to fruition, and that threatens the foundations of hope.

Persons: ”, John Urry Locations: “

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