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☆ Progressive Elites and Their Sins - The New York Times
▼ + stars: | 2024-06-06 | by ( David Brooks | ) www.nytimes.com time to read: +1 min

The center of progressive energy moved from the working class to the universities, and not just any universities, but the elite universities. By now we’re used to the fact that the elite universities are places that attract and produce progressives. Today, we’re used to the fact that elite places are shifting further and further to the left. “Opinions of student writers at elite universities” in 2000, he found, “weren’t all that more progressive than those at nonelite ones.” But by 2023, opinions at The Crimson had grown about two and a half times more progressive than they were in 2001. More generally, Berman concluded, “Opinion sections at elite universities have gotten significantly more progressive, and they’ve outrun their nonelite counterparts.”

Persons: John Reed, Clifford Odets, Frances Perkins, Hubert Humphrey, Donald Trump, we’re, The Harvard Crimson, Julien Berman, Berman, they’ve Organizations: New, Pullman, Harvard, America’s, The Harvard, ” Locations: New Republic, Haymarket, Blair

☆ AI hype continues to fuel market returns, says Neuberger's Holly Newman Kroft
▼ + stars: | 2024-06-05 | 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 EmailAI hype continues to fuel market returns, says Neuberger's Holly Newman KroftHolly Newman Kroft, Neuberger Berman private wealth managing director, joins 'Money Movers' to discuss whether Kroft is buying the current market momentum, what the managing director tells clients to do, and more.

Persons: Neuberger's Holly Newman, Holly Newman Kroft, Neuberger Berman

☆ Judge Cannon expands hearing on Trump’s request to declare special counsel’s appointment invalid
▼ + stars: | 2024-06-04 | by ( Dan Berman | Katelyn | ) edition.cnn.com time to read: +6 min

Cannon is planning on holding a sprawling hearing on Trump’s request to declare Jack Smith’s appointment as special counsel invalid, signaling she could be more willing than any other trial judge to veto the special prosecutor’s authority. Wednesday, Cannon went further, adding a hearing on a gag order request from prosecutors to limit Trump’s rhetoric about law enforcement and allotting more time to hear arguments on the special counsel issue. Cannon’s signal of willingness to entertain challenges to the special counsel comes in the same week Republicans are bearing down on Attorney General Merrick Garland for his use of special counsels. A third group says the Department of Justice’s use of a special counsel should be upheld. Cannon still agreed to the hearing Trump wanted.

Persons: Aileen Cannon, Donald Trump’s, Cannon, Jack Smith’s, It’s, –, Trump, Evan Corcoran, Hunter, didn’t, Paul Manafort’s, Robert Mueller’s, Andrew Miller, Roger Stone, General Merrick Garland, David Weiss, Hunter Biden, – Cannon, ” Bradley Moss, Edwin Meese, Michael Mukasey, Meese, Mukasey, ’ Organizations: CNN, FBI, Trump, Southern District of, Justice Department, Republican Locations: Los Angeles and Delaware, Southern District, Southern District of Florida, Delaware, Washington ,

☆ Recapping the Trump hush money charges, trial, verdict and questions
▼ + stars: | 2024-06-01 | by ( Dan Berman | ) edition.cnn.com time to read: +7 min

The indictment alleged that Trump was a part of an illegal conspiracy to undermine the integrity of the 2016 election. While hush money payments are not illegal in themselves, each charge was tied to a specific allegedly false entry among the financial records of the Trump Organization. Trump has argued that the payments to Michael Cohen, his former fixer who paid Daniels, were correctly labeled as legal expenses. Trump railed against the gag order every day during the trial and again on May 31 when he spoke at Trump Tower the day after the verdict. And the Georgia election interference case is in legal limbo while Trump and several of his co-defendants try to disqualify the Atlanta-area prosecutor who brought the charges.

Persons: Donald Trump, Stormy Daniels, Trump, what’s, Attorney Alvin Bragg, Michael Cohen, Daniels, Cohen, David Pecker, Karen, Pecker, perjurer, Cohen couldn’t, Juan Merchan, Merchan, Trump’s, CNN’s Zachary B, Wolf, Devan Cole, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Zachary B Organizations: CNN, Trump, White, Manhattan, Attorney, Trump Organization, fixer, Prosecutors, National Enquirer, Trump Tower, Division, Department, New, US Locations: New York, Washington ,, Florida, Georgia, Atlanta

☆ Neuberger's Kei Okamura on Japan market: Recent break in rally could be a good time to enter
▼ + stars: | 2024-05-28 | 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 EmailNeuberger's Kei Okamura on Japan market: Recent break in rally could be a good time to enterKei Okamura, Neuberger Berman SVP and Japanese equities portfolio manager, joins 'Squawk on the Street' to discuss whether buying Japanese stocks is still the hottest trade, where interest rates in Japan go from here, and much more.

Persons: Kei Okamura, Neuberger Berman Organizations: Neuberger Berman SVP Locations: Japan

☆ NCAA signs off on deal that would change landscape of college sports — paying student-athletes
▼ + stars: | 2024-05-24 | by ( The Associated Press | Nbc News | ) www.cnbc.com time to read: +8 min

General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY SportsA major change could be coming for college athletes — they may soon start getting paid. Other casesThe settlement is expected to cover two other antitrust cases facing the NCAA and major conferences that challenge athlete compensation rules. Hubbard v. the NCAA and Carter v. the NCAA are also in front of judges in the Northern District of California. College sports have been trending in this direction for years, with athletes receiving more and more monetary benefits and rights they say were long overdue.

Persons: Charles LeClaire, —, Charlie Baker, Steve Berman, Grant, Michael McCann, McCann, Logan Riely, Hubbard, Carter, Fontenot, they're, George Zelcs Organizations: PPG Paints, NCAA, ACC, SEC, Former Arizona State, Grant House, Sedona Prince, TCU, NBC, Washington Huskies, Michigan Wolverines, College Football Playoff, Notre Dame, Big, Atlantic Coast, Washington, Oregon State, Northern District of, College Locations: Oregon, amateurism, Houston, Southeastern, Washington State, Northern District, Northern District of California, Colorado, Fontenot

☆ Nvidia's big story is broadening of industries relying on company's new tech, says Neuberger's Dan Flax
▼ + stars: | 2024-05-24 | 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 EmailNvidia's big story is broadening of industries relying on company's new tech, says Neuberger's Dan FlaxDan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss the analyst's thoughts on Nvidia's quarterly earnings results, how long the Nvidia 'halo effect' will last, and where the stock will head from here.

Persons: Dan Flax Dan Flax, Neuberger Berman Organizations: Nvidia

☆ 'Big Short' investor Steve Eisman: Apple is the 'hidden AI play'
▼ + stars: | 2024-05-21 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +1 min

Investor Steve Eisman of "The Big Short" fame expects Apple to capture epic gains from the artificial intelligence boom. "I think Apple is actually the hidden AI play," he told CNBC's " Fast Money " on Tuesday, less than 24 hours before chip giant Nvidia reports its fiscal first-quarter results. "When there will be apps that the consumer can use, they're going to want to use it on their phone," Eisman said. "I have a new iPhone, and I know for sure that when all those apps come on my phone, I'll need a new phone, and I'll need a new iPad and I'll need a new laptop." He suggests investors will have to be patient because the AI-driven apps need time to be developed.

Persons: Steve Eisman, CNBC's, Eisman, Neuberger Berman Organizations: Apple, Nvidia, Devices

☆ 'Big Short' investor Steve Eisman predicts huge Apple refresh cycle ahead due to AI
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' investor Steve Eisman predicts huge Apple refresh cycle ahead due to AISteve Eisman, Neuberger Berman senior portfolio manager, joins 'Fast Money' to talk the winners in the AI space ahead of Nvidia earnings,

Persons: Steve Eisman, Neuberger Berman Organizations: Nvidia

☆ Neuberger's Pomeroy: In the process of handing off the consumer economy to the industrial economy
▼ + stars: | 2024-05-17 | 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 EmailNeuberger's Pomeroy: In the process of handing off the consumer economy to the industrial economySandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss if the portfolio manager is impressed by calls for U.S. economic resilience, where consumption's contribution to GDP goes from here, and more.

Persons: Neuberger's, Sandy Pomeroy, Neuberger Berman

☆ Judge rejects another Peter Navarro request to cut prison sentence short
▼ + stars: | 2024-05-15 | by ( Dan Berman | ) edition.cnn.com time to read: 1 min

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☆ Neuberger Berman's John San Marco on what to expect from Home Depot and Walmart earnings
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeuberger Berman's John San Marco on what to expect from Home Depot and Walmart earningsJohn San Marco, Neuberger Berman portfolio manager, joins 'Closing Bell Overtime' to talk the upcoming slate of retail earnings.

Persons: Neuberger Berman's John San Marco, San Marco, Neuberger Berman Organizations: Depot, Walmart

☆ I had 2 kids in my early 30s, and my last at 38. It was much harder to keep up with her.
▼ + stars: | 2024-05-12 | by ( Lynnette Lyons | ) www.businessinsider.com time to read: +4 min

I went from a stay-at-home mom to a working momAs a stay-at-home mom when my older kids were little, I lived and breathed all things motherhood. She arrived home to her grandmother and two older sisters, who were already well into their stacks of homework. AdvertisementLynnette Lyons had her youngest daughter when she was 38, and her older daughters in her early 30s. But, spread so thin, I didn't realize my older kids' demands on my time had caused the baby of the family to feel like an afterthought. AdvertisementI recently asked if she remembered being excluded from the family game night; she said she did, but didn't hold a grudge.

Persons: I'd, I've, guiltily, Lynnette Lyons, Dale Berman, She's Organizations: Service, Business

☆ Mmakgabo Helen Sebidi: 28 of her artworks mysteriously disappeared three decades ago. They’ve finally returned home to South Africa
▼ + stars: | 2024-05-10 | by ( Gertrude Kitongo | ) edition.cnn.com time to read: +11 min

Johannesburg, South Africa CNN —It was a phone call that changed everything. “We have some good news.”Mmakgabo Helen Sebidi had been waiting to hear those words for more than 30 years. Origins of an artistSebidi was born in 1943 near Hammanskraal, South Africa, north of Pretoria. One of artist Mmakgabo Helen Sebidi's early works, which often depict traditional, rural scenes of a time before European colonization came to the African continent. “We need those freedoms.”Mmakgabo Helen Sebidi’s exhibition is on display at the University of Johannesburg Art Gallery until May 17, 2024.

Persons: ”, Helen Sebidi, ” Sebidi, Sebidi, “, John Koenakeefe Mohl, Mmakgabo Helen Sebidi “, Mark Read, Everard, “ Helen, Read, Mmakgabo Helen Sebidi's, Helen Sebidi “, –, – Sebidi, Kim Berman, ’, Helen Sebidi's, Mmakgabo Helen Sebidi Sebedi, Gabriel Baard, ” Baard, ” Berman, Thabo Mbeki –, Jesper Osterberg, Gabriel Baard Baard, Everard Read, Helen Sebidi’s Organizations: South Africa CNN, South, CNN, Johannesburg Art Foundation, Everard Read, Galleries, Federated Union of Black Artists, Millary Colony, Arts, Nyköping Folk, School, University of Johannesburg, “, Smithsonian, Folk High School, Swiss Air Freight, University of Johannesburg Art, Swedish Embassy Locations: Johannesburg, South Africa, Sweden, Hammanskraal, Pretoria, New York, Swedish, Nyköping, Black, “, Stockholm, Sebidi

☆ TikTok sues to block prospective US app ban
▼ + stars: | 2024-05-07 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

If it loses, TikTok could be banned from US app stores unless its Chinese parent company, ByteDance, sells the app to a non-Chinese entity by mid-January 2025. But Virginia Democratic Sen. Mark Warner, an advocate for the TikTok legislation, said in remarks on the Senate floor in April that the briefings provided critical insight into the risk TikTok poses. US policymakers have described the law at issue as a forced divestiture of TikTok, not an outright app ban. Some US officials have been trying to ban TikTok from the United States since 2020, when former President Donald Trump moved to block the app by executive order. (Trump has since reversed his position, saying a TikTok ban would only help Meta, a company Trump blames for his 2020 election defeat.)

Persons: Washington CNN — TikTok, Joe Biden, TikTok, Bytedance, “, didn’t, Virginia Democratic Sen, Mark Warner, Warner, they’ve, They’ve, ”, Tuesday’s, ByteDance, TikTok’s, Berman, Evelyn Douek, Biden, Gautam Hans, Hans said, Jennifer Huddleston, Donald Trump, Trump, Douek, ” Douek Organizations: Washington CNN, Appeals, District of Columbia Circuit, Justice Department, Oracle, Foreign Investment, Republican, Democrat, Virginia Democratic, Senate, Stanford University, Cornell University . Still, Apple, Google, Cato Institute, European Commission, Trump Locations: China, United States, TikTok, Israel, Ukraine, Montana, Canada, United Kingdom, India

☆ Why Apple will be the big winner of AI's 2nd wave, according to 'Big Short' investor Steve Eisman
▼ + stars: | 2024-05-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Steve Eisman told Bloomberg TV that Apple will benefit from the coming wave of AI-based applications. Prospects of an AI iPhone have spurred bullish calls among other analysts. AdvertisementApple is well positioned to exploit the second leg of artificial intelligence, as the technology starts to take the form of mobile applications, Steve Eisman said. Sacconaghi's bullishness preceded Apple's winning earnings, during which CEO Tim Cook teased big AI announcements to come. AdvertisementWhen it comes to AI, Eisman has previously touted big investments in infrastructure, which would benefit from the tech's massive power demand.

Persons: Steve Eisman, —, everybody's, Neuberger Berman, we're, Eisman, Bernstein's, Toni Sacconaghi, Sacconaghi's bullishness, Tim Cook, Dan Ives Organizations: Bloomberg, Apple, Service, Nvidia, AMD, Cook, Co, Securities, Worldwide Locations: China

☆ Greg Abel looks like perfect 'sequential partner' to follow Buffett, says Neuberger's Dan Hanson
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreg Abel looks like perfect 'sequential partner' to follow Buffett, says Neuberger's Dan HansonBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Dan Hanson, Neuberger Berman senior portfolio manager, speaks with CNBC's Michael Santoli about his takeaways from the 2024 Berkshire annual meeting.

Persons: Greg Abel, Buffett, Neuberger's Dan Hanson Berkshire, Warren Buffett, Dan Hanson, Neuberger Berman, CNBC's Michael Santoli Organizations: Neuberger's Dan Hanson Berkshire Hathaway, Berkshire Hathaway Locations: Berkshire

The Justice Department is expected to announce the indictment of longtime Rep. Henry Cuellar, D-Texas, on Friday, two sources familiar with the matter told NBC News. It wasn't immediately clear if the indictment was related to the 2022 raid. A year after the raid — which had not previously yielded arrests or charges — Cuellar told the Texas Tribune: "There has been no wrongdoing on my part. Despite the raid, Cuellar narrowly defeated a progressive challenger, Jessica Cisneros, in his 2022 primary and went on to win re-election to his seat that November. A member of the centrist Blue Dogs and New Democrat Coalition, Cuellar was first elected to the House in 2004.

Persons: Henry Cuellar, Cuellar's, Joshua Berman, Cuellar, — Cuellar, Jessica Cisneros, Cassy Garcia Organizations: NBC News, Congressional Azerbaijan Caucus, Texas Tribune, Texans, Republican, Cuellar, Dogs, New Democrat Coalition Locations: Texas, Laredo , Texas, Azerbaijan, U.S, San Antonio

☆ ISS says unions and pension funds should back Norfolk Southern activist investor
▼ + stars: | 2024-05-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

Norfolk Southern Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response to the East Palestine Derailment" in Washington, U.S., March 22, 2023. Norfolk Southern -invested unions and pension funds should back activist Ancora's full seven-director slate at the railroad's shareholder meeting later this month, two different Institutional Shareholder Services proxy advisory services said. Neuberger Berman said earlier that it would support Ancora's case for change at Norfolk Southern, while Canadian asset manager EdgePoint also reaffirmed on Thursday that it would be voting its shares with the activist. (EdgePoint was initially partnered with Ancora's campaign at Norfolk Southern but dissolved that arrangement months earlier.) Top institutional shareholders include Vanguard, BlackRock, State Street and Dodge & Cox, as well as California's pension funds, CalPERS and CalSTRS, and Colorado's public pension fund.

Persons: Alan Shaw, Ancora's, Taft, Jim Barber, Glass Lewis, Barber, investor's, Ancora, Neuberger Berman, EdgePoint Organizations: Norfolk Southern, Commerce, Science, Institutional, Hartley Advisory Services, Social Advisory Services, CNBC, UPS, ISS, Norfolk Southern's, Norfolk, Vanguard, Dodge, Cox Locations: East Palestine, Washington , U.S, Norfolk, East Palestine , Ohio, BlackRock

☆ How to start a lucrative side hustle, from 4 people who've done it: ‘You can be more successful than you think’
▼ + stars: | 2024-04-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

"I think you can be successful with more side hustles than you think," Cody Berman, who co-runs online printables course Gold City Ventures, told CNBC Make It in January. In seventh grade, she started selling leggings for teen girls who couldn't afford larger, trendy brands. Bella Lin, 17, started a side hustle to give her guinea pigs more quality of life. Your ability to stay up-to-date on industry trends and audience demographics can affect your earnings over time, Etsy seller Tim Riegel told Make It last year. Riegel started his side hustle — making and selling steel fire pits — in 2021.

Persons: Cody Berman, Bella Lin —, Bella Lin, Lin, you've, Tim Riegel, Riegel, Becky Powell, Powell, Becky Powell's, —, Morgan Eckroth Organizations: Gold City Ventures, CNBC, Onyx Labs, YouTube, Barista Locations: Gold, Beaverton , Oregon, Portland , Oregon, U.S

☆ The Fed has to 'thread the needle pretty carefully' this week, says Neuberger Berman's Joe Amato
▼ + stars: | 2024-04-30 | 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 Fed has to 'thread the needle pretty carefully' this week, says Neuberger Berman's Joe AmatoJoe Amato, Neuberger Berman president and CIO, joins 'Squawk Box' to discuss the latest market trends, what to expect from the Fed's policy meeting this week, interest rate outlook, and more.

Persons: Neuberger Berman's Joe Amato Joe Amato, Neuberger Berman

☆ Yen's 'momentous move' means Japanese government is likely to have intervened: Portfolio manager
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYen's 'momentous move' means Japanese government is likely to have intervened: Portfolio managerKei Okamura of Neuberger Berman discusses what might be behind the currency's recent surge.

Persons: Kei Okamura, Neuberger Berman

☆ As pro-Palestinian protests sweep college campuses, student journalists are rushing to the big story and exams
▼ + stars: | 2024-04-26 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent days to cover pro-Palestinian protests roiling the campus. It’s also finals week, and in the coming days the newspaper’s staff will transition to the next year’s staff. And, for many of these student journalists, it’s becoming a seminal moment in their nascent careers. “Given that we’re student journalists, we know the campus and the students here. As pressure mounted on campus, the newspaper mobilized a handful of writers who worked together to cover the protests.

Persons: Arianna Smith, Smith, It’s, ” Smith, it’s, “, We’re, we’re, Anjali Patel, ” Patel, “ We’re, Amelia Kimball, Kimball, Greg Abbott, ” Kimball, CNN’s John Berman, ” Organizations: CNN, Ohio State University’s, Ohio, ”, University of Southern, The Daily, USC, Daily, University of Texas, The Daily Texan, “ Locations: Gaza, Columbus, University of Southern California, Austin, Texas

☆ Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
▼ + stars: | 2024-04-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor's efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad's 13-person board. The labor group said it would back the activist's seven director nominees over Norfolk Southern management, a significant endorsement in an industry unusually dependent on union support. The support from the BMWED Teamsters, whose members build and maintain the track infrastructure that keeps Norfolk Southern trains moving, amounts to a sharp rebuke of Shaw and Norfolk Southern's board. Norfolk Southern and Ancora have been locked in a proxy contest for several months. Neuberger Berman, for example, is backing the activist and said that Norfolk Southern had a history of poor governance and that a boardroom change was needed.

Persons: Ancora, Alan Shaw, Shaw, Tony Cardwell, Cardwell, Jim Barber, Jamie Boychuk, Boychuk, Barber, It's, John Orr, Glass Lewis, Neuberger Berman Organizations: Thursday, Teamsters, Norfolk Southern, Norfolk, BMWED Teamsters, Labor, American Federation of Labor, Industrial Organizations, CSX, Ancora Locations: Norfolk Southern, Norfolk, U.S, East Palestine , Ohio, Washington

☆ New federal rules on airline refunds require cash instead of vouchers
▼ + stars: | 2024-04-24 | by ( Gregory Wallace | ) edition.cnn.com time to read: +4 min

New federal rules say travelers deserve cash refunds when inconvenienced by their airline – not vouchers or travel credits. The rules require the fees to be automatic and prompt: Within seven days for a credit card refund and 20 days for other forms of payment. Surge in complaints in 2022The Biden Administration proposed its change to the refund rules in 2022 after a surge in complaints about refunds when the coronavirus brought air travel to a standstill. More than half of the complaints involved flight disruptions or refunds. A federal law allows Congress to unravel recently implemented executive branch rules.

Persons: “, Pete Buttigieg, CNN’s John Berman, ” Buttigieg, you’re, “ That’s, ”, There’s Organizations: CNN — Airline, ”, Transportation Department, Airlines for, Biden Administration Locations: –, Airlines for America, ” “ U.S, Washington, November’s

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