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☆ Morgan Stanley downgrades SoFi, says stock should be valued like a bank
▼ + stars: | 2023-07-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

SoFi Technologies is worth selling as it acts more like a full-fledged bank, according to Morgan Stanley. Analyst Jeffrey Adelson downgraded the financial stock to underweight while raising his price target by 50 cents to $7. "We previously valued SOFI on a growth-adj. "But as SOFI looks increasingly like a bank, we believe it needs to be valued more like a bank." SoFi has been considered a full bank for about a year and a half, he said, after being previously seen as more of a financial technology stock.

Persons: Morgan Stanley, Jeffrey Adelson, Adelson's, Adelson, that's, SoFi, — CNBC's Michael Bloom Locations: Wednesday's

☆ Tim Scott's biggest financial backer is Larry Ellison, a tech billionaire who owns the sixth-largest island in Hawaii and has poured $35 million into the senator's super PAC
▼ + stars: | 2023-05-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Ellison has pumped $35 million into Scott's super PAC, and could legally give him millions more. On Monday, Ellison attended Scott's campaign launch in North Charleston, where Scott described him as one of his mentors. Trump's political operation includes the "MAGA, Inc" super PAC, while Florida Gov. Ron DeSantis has enjoyed the support of the "Never Back Down" super PAC. Scott's campaign isn't the first time a Republican presidential candidate has heavily relied on a single megadonor.

☆ In Israel, Ron DeSantis Promotes His Foreign Policy Credentials
▼ + stars: | 2023-04-27 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +1 min

Ron DeSantis, the Florida governor and a likely contender for the Republican presidential nomination, expressed strong support for Israel during a brief visit to Jerusalem on Thursday, as he promoted his diplomatic credentials in a country considered crucial to any U.S. president’s foreign policy portfolio. Mr. DeSantis declined once again to confirm his candidacy for the presidential race in 2024, but he used a speech and subsequent news briefing to showcase his experience and interest in Israeli affairs, an issue that his chief rival, Donald J. Trump, once made his own. The governor, a foreign policy novice, stressed his track record of support for Israel and for Floridian Jews, highlighting his efforts to combat antisemitism in Florida and build business ties between his state and Israel. “Maintaining a strong U.S.-Israel relationship has been a priority for me during my time in elective office,” Mr. DeSantis said in speech at a conference hosted by The Jerusalem Post, a right-leaning English-language newspaper. The event was attended by leading right-wing figures, including David M. Friedman, who was Mr. Trump’s ambassador to Israel; and Miriam Adelson, a longtime Israeli American supporter of Mr. Trump.

Haley also tapped Betsy Ankney, a former political director for the National Republican Senatorial Committee, to run the PAC, according to Axios. Longtime Haley advisor Jon Lerner, will likely have leadership roles within a Haley presidential campaign, two of the people said. Haley has publicly hinted in two recent interviews with Fox News that she could be ready to run for president. Kevin Lemarque | ReutersTrump, who lost his reelection bid to Biden in 2020, is the only candidate so far to jump into the 2024 presidential race. She even said in 2021 that she wouldn't run for president in 2024 if Trump was on the ballot.

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

☆ Factbox: Key facts about pioneering broadcast journalist Barbara Walters
▼ + stars: | 2022-12-31 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, Dec 30 (Reuters) - The following are key facts about the life and career of pioneering broadcast journalist Barbara Walters, the first woman to anchor an American network evening newscast, who died on Friday:* Walters was born in Boston on Sept. 25, but she did not like to reveal the year, which reportedly was 1929, 1930 or 1931. * Walters started at NBC's "Today" show as a writer in 1961 and in 1976 became the first woman to co-anchor a network evening news broadcast on U.S. television. * Walters singled out her "Today" co-host Frank McGee and Reasoner on ABC News for making her life miserable. * Walters felt she was unfairly mocked for her asking actress Katharine Hepburn what kind of tree she would like to be. * Walters' marriages to businessman Robert Katz, theatrical producer Lee Guber and television executive Merv Adelson all ended in divorce.

☆ Pioneering U.S. television journalist Barbara Walters dead at 93
▼ + stars: | 2022-12-31 | by ( Bill Trott | ) www.reuters.com time to read: +6 min

[1/2] Television personality Barbara Walters arrives for the premiere of the film "Wall Street: Money Never Sleeps" in New York September 20, 2010. "I asked Yeltsin if he drank too much, and I asked Putin if he killed anybody," Walters told the New York Times in 2013. "These two men were really quite brutal to me and it was not pleasant," Walters told the San Francisco Examiner. The New York Times called her "arguably America's best-known television personality" but also observed that "what we remember most about a Barbara Walters interview is Barbara Walters." Walters' three marriages - to businessman Robert Katz, theatrical producer Lee Guber and television executive Merv Adelson - ended in divorce.

CNN —Barbara Walters, the pioneering TV journalist whose interviewing skills made her one of the most prominent figures in broadcasting, has died, her spokesperson confirmed to CNN. She was a trailblazer not only for female journalists but for all women,” Walters’ spokesperson Cindi Berger told CNN in a statement. At that network, Walters launched “The Barbara Walters Specials” and “10 Most Fascinating People” before becoming a co-host and correspondent for ABC News’ “20/20” in 1984. Barbara Walters sits on the set of NBC's "Today" show in New York on April 23, 1976. Barbara Walters is seen at a news conference on September 30, 1976, in New York.

☆ The investment case for next-gen trading stocks like Coinbase and SoFi despite crypto contagion
▼ + stars: | 2022-11-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Nevertheless, crypto trading services such as those offered by Coinbase , SoFi and Robinhood are likely to suffer a lull nevertheless as retail and institutional investors alike exit the market or try and move past their fear of another upheaval. "We are updating our model to reflect a 'lower for longer' assumption, particularly as it pertains to retail trading," Budish said. SoFi in a unique position This week, Democratic senators urged regulators to look into SoFi's trading activity as Washington attempts contemplates acting on FTX's spectacular collapse. SoFi has said its crypto revenue exposure is immaterial, it's compliant with regulators, doesn't do any crypto lending and had no exposure to FTX. However, it's possible that SOFI may find itself more heavily regulated with potential for incremental capital and liquidity requirements."

"Donald Trump is the only Republican that would lose" in 2024, he said. Trump launched a fresh campaign for the Republican nomination on Tuesday, before the final midterm votes have even been tallied. "We have to stay strong and we have to fight and frankly, you better hope a certain person wins the election in 2024," Trump said to cheers. The man who could pose the largest threat to Trump, DeSantis, also received a fervent response as the final featured speaker on Saturday night. Trump's false claims that the 2020 election was fraudulent had "diminished" the party, he said.

☆ Trump portrayed as a 'loser' by 2024 rivals courting his big donors at Las Vegas conference, report says
▼ + stars: | 2022-11-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Potential rivals for the 2024 GOP nomination wooed donors at the Republican Jewish Coalition's meeting. Donald Trump, who announced his 2024 run this week, is not attending the Las Vegas gathering in person. Former US Secretary of State Mike Pompeo speaks during a Republican Jewish Coalition Annual Leadership Meeting in Las Vegas, Nevada on November 18, 2022. WADE VANDERVORT/AFP via Getty ImagesChristie, another potential presidential prospect, reportedly highlighted Trump's political failures while dining with wealthy donors, AP reported. AP noted that big donors in attendance do not appear enthusiastic about backing Trump in 2024.

☆ (foto) Topul celor mai bogate femei din lume în anul 2021, conform revistei Forbes
▼ + stars: | 2021-04-09 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

Tradițional, în fiecare an, revista Forbes întocmește topul celor mai bogați oameni din întreaga lume. Mai jos vă prezentăm topul celor mai bogate femei din acest an. Născut în Iowa, Koch s-a mutat în New York în anii 1980 și a lucrat ca asistentă a designerului de modă Adolfo. Fiica exploratorului de minereu de fier de profil Lang Hancock, Rinehart a reconstruit compania aflată în dificultate financiară a răposatului său tată, Hancock Prospecting. De asemenea, puteți vedea topul celor mai bogați oameni din lume și topul celor mai bogați tineri din acest an.

Persons: Francoise Bettencourt Meyers, L’Oreal . Ea, . Alice Walton, Alice Walton, Sam Walton, Rob, Jim ., MacKenzie Scott, Jeff, Julia Koch, David, Koch, Adolfo, Nancy Reagan, Miriam Adelson, Sheldon Adelson, Jacqueline Mars, Ea, Audrey Ruth, Meyer, Forrest Mars, Frank C ., Inc, Yang, Susanne Klatten, Klatten, Herbert Quandt, Gina Rinehart, Rinehart, Lang Hancock, Hancock, Hill, Fontbona, Andrónico, Jean, Paul, Guillermo Luksic Organizations: Forbes, Artă Americană, Bridges, MacKenzie, Koch, Las, Frank C . Mars, Mars, Country Garden Holdings, Bright, Education Holdings, BMW, Iris, Antofagasta Plc Locations: Bentonville, Arkansas, Iowa, New York, Las Vegas, Singapore, Macao, americană, China, Germania, Australia, Asia, Antofagasta, Chile, Londra

☆ Trump's most important 2016 donor is sitting out 2020
▼ + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +20 min

Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.

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