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☆ ExodusPoint led multistrategy hedge funds in September. Here's where rivals like Citadel, Millennium, and others stand.
▼ + stars: | 2024-10-02 | by ( Bradley Saacks | Alex Morrell | ) www.businessinsider.com time to read: +2 min

ExodusPoint led multimanager hedge funds with a 1.5% gain last month and is up 6.5% in 2024. Millennium and Schonfeld had strong returns; Citadel, Balyasny, and Walleye lagged behind. AdvertisementIn the last month before a new cash hurdle forces the firm to outperform for performance fees, ExodusPoint led the way among multistrategy hedge funds. The $11 billion manager was up 1.5% last month, bringing its 2024 numbers to 6.5%, a person close to Michael Gelband's fund said. The firm was down 0.2% last month, though it is still up 11.1% on the year, a person close to the firm said.

Persons: ExodusPoint, Schonfeld, —, Michael Gelband's, Ken Griffin's Organizations: Citadel, Walleye, Service, Business Locations: Balyasny, York, Wellington, Miami

☆ Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid
▼ + stars: | 2024-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Presidential hopeful Donald Trump has proposed getting rid of taxes on tips and overtime. AdvertisementIf former President Donald Trump gets his way, workers who collect overtime pay or tips could stop paying taxes on them. "Their employer can pay less to keep them but the worker is not worse off because now they don't have to pay taxes on that," Shierholz said. Or it could mean some salaried workers switch to hourly wages in order to qualify for a higher rate of untaxed overtime pay. Do you collect tips or overtime pay?

Persons: Donald Trump, Trump, —, It's, Kamala Harris, that's, Harris, it's, Heidi Shierholz, Shierholz, Joe Hughes, Alex Muresianu, Muresianu, Hughes, Rube Goldberg, Karoline Leavitt Organizations: Service, Yale, Trump, Social Security, Taxation, Economic, Tax Foundation Locations: Arizona, America

☆ CNN launches a digital paywall, charging some users to read articles for the first time
▼ + stars: | 2024-10-01 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —CNN, one of the most popular news websites in the world, is starting to ask some of its visitors to pay $3.99 a month for access. The average visitor to CNN’s website, who may only read a few articles a month, will not be prompted to pay at this time. “Only after users consume a certain number of free articles will they be prompted to subscribe,” MacCallum explained. Under previous management, CNN developed a streaming video product called CNN+ in 2022 to create direct-to-consumer relationships with fans of the network. Some content, though, will remain fully accessible without a subscription, including the CNN homepage; breaking news live stories; standalone video pages; and sponsored articles.

Persons: ” Alex MacCallum, “, ” MacCallum, Mark Thompson, Thompson, Greg Piechota, ” Piechota, Piechota, ” Organizations: New, New York CNN, CNN, The New York Times, CNN.com’s, ”, Warner Bros, Reuters Institute for, Journalism, University of Oxford, International News Media Association, Media Locations: New York, United States

☆ Analyst discusses Qatar Airways plan to buy 25% stake in Virgin Australia
▼ + stars: | 2024-10-01 | 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 EmailAnalyst discusses Qatar Airways plan to buy 25% stake in Virgin AustraliaAlex Macheras, aviation consultant, says the deal will benefit Australian consumers.

Persons: Virgin Australia Alex Macheras Organizations: Qatar Airways, Virgin Australia

Here’s what you need to know:• Israeli strikes killed over 100 people and wounded over 350 others in Lebanon on Sunday. The Israeli military said it was striking Hezbollah, including in attacks by fighter jets on about 45 targets near a village in southern Lebanon. The Houthis, like Hamas and Hezbollah, are among the Iran-backed militant groups battling Israel since the war in Gaza began. Hundreds of thousands of people have been forced onto the streets as Israeli strikes destroy homes and infrastructure. • US President Joe Biden said he is “working like hell” with allies to prevent an all-out war in the Middle East.

Persons: stoking, :, •, Nabil Qaouk, Hassan Nasrallah, Israel, Joe Biden, Benjamin Netanyahu Organizations: Sunday, Relief Locations: Beirut, East, Israel, Lebanon, Yemen, Iran, Gaza

In support of Hamas and Palestinians, Hezbollah and the Houthis have launched regular attacks on Israel over the past year. The Shiite group emerged out of Israel’s invasion of Lebanon in 1982. In 2006, Hezbollah and Israel fought a war for 34 days, which ended with no clear victor. The Houthis: The Shiite group, bolstered by Iranian weapons and technology, has been fighting Saudi-backed forces for more than a decade in Yemen’s civil war. Hamas: The group emerged in 1987 as an offshoot of the Muslim Brotherhood, a Sunni Islamist group from Egypt.

Persons: ”, Israel Organizations: US Locations: Israel, Iran, Lebanon, Yemen, Iran’s, Iraq, Syria, Gaza, Saudi, Red, Egypt

Patrick Lenihan, 33, JPMorgan Asset ManagementJP Morgan Asset ManagementAt JPMorgan Asset Management, Lenihan manages $21 billion in 8,000 customizable portfolios that provide generous tax advantages for the firm's clients. The dual role of fund manager and product developer combines his interest in finance with his engineering background. Lenihan led the development of a product that required buy-in from across internal tech teams, third-party partners, and operations. Lenihan also launched a mentoring program that seeks to build connectivity among different teams at the asset manager. "I have learned firsthand about how successful you can be with those close partnerships when you work together, " he said.

Persons: Patrick Lenihan, Lenihan, Ted Dimig Organizations: JPMorgan Asset, Asset Management, JPMorgan Asset Management, JPMorgan, Chrysler, University of Michigan, CFA, Wharton

☆ Biden administration fears Iranian attack and is working with Israel on defenses, US official says
▼ + stars: | 2024-09-30 | by ( Alex Marquardt | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is worried that an attack from Iran is being planned in the wake of Israel’s killing of Hezbollah leader Hassan Nasrallah and is working with Israel on defenses, a US official said Sunday night. Joint defenses are being prepared to ward off an attack with changes in US military posture, the official added. The Biden administration spearheaded a multi-national defense of Israel in mid-April when Iran launched over 300 drones and missiles at Israel in response to the Israeli bombing of senior Iranian Revolutionary Guard officers in Syria. The US official told CNN the US-led statement issued Wednesday had been greenlit by Israel after working on it together for several days. On a hastily-arranged call that night, senior Biden administration officials told reporters with confidence: “the ceasefire will be for 21 days” across the Lebanon-Israel border.

Persons: CNN —, Biden, Hassan Nasrallah, Patrick Ryder, Nasrallah, Benjamin Netanyahu, Israel, Netanyahu, Israel “, “, ”, Ron Dermer, Jake Sullivan, John Kirby Organizations: CNN, Iranian Revolutionary Guard, US, Pentagon, ” Defense, USS, Lincoln Carrier Strike, Biden, Israeli, Lebanese, US National Security Locations: Iran, Israel, Syria, Lebanon, United States, Beirut, France

Those officials were clear: The question was not if Israel and Hezbollah would accept the ceasefire proposal, but precisely when. But only hours later, Israeli Prime Minister Benjamin Netanyahu would throw cold water on the multi-national proposal. “I can’t speak for Prime Minister Netanyahu, I can’t answer the question why he said what he said,” he told reporters. Secretary of State Antony Blinken met with top Israeli officials in New York Thursday afternoon. Dermer and Israeli Ambassador Michael Herzog demurred when asked by CNN ahead of that meeting if they are going to accept the ceasefire proposal between Israel and Hezbollah.

Persons: Benjamin Netanyahu, Israel, Netanyahu, Ron Dermer, Jake Sullivan, Emmanuel Macron, ”, Biden, Karine Jean, Pierre, John Kirby, wasn’t, ” Kirby, Antony Blinken, Michael Herzog demurred, Dermer Organizations: CNN — Senior, Israeli, IDF, White, CNN Locations: United States, Israel, Lebanon, New York City, Washington, Netanyahu’s, Dermer, New York

☆ US troops deployed to Cyprus as fears of wider Middle East war intensify
▼ + stars: | 2024-09-25 | by ( Natasha Bertrand | Alex Marquardt | ) edition.cnn.com time to read: +3 min

The UK announced on Tuesday that it was sending 700 troops to Cyprus to prepare for a possible emergency evacuation of British citizens from Lebanon if one becomes necessary. The US State Department has also repeatedly warned US citizens to leave Lebanon while commercial travel options are still available. Secretary of State Antony Blinken said Wednesday that the US is “working tirelessly” on diplomatic efforts to prevent an “full-blown war” between Israel and Lebanon. A US official told CNN on Monday that “we are the closest we’ve been to spiraling to a regional war” since Hamas’ October 7 attack. Tehran has not intervened yet, but they will if they believe they are about to lose their most powerful proxy force, Hezbollah, the official added.

Persons: Pat Ryder, Yiannis Antoniou, ”, Keir Starmer, Israel, Antony Blinken, ” Blinken Organizations: CNN, Hezbollah, Pentagon, Reuters, British, US State Department, Ramat David, Wednesday, Israel Defense Forces, Gulf Cooperation Council, UN, Assembly Locations: Cyprus, Israel, Lebanon, Beirut, Ramat, Haifa, Tel Aviv, Gulf, New York, Iran, Tehran

CNN —The United States is working urgently on a plan to mediate a ceasefire between Israel and Hezbollah, according to three sources familiar with the matter, as officials eye with deepening concern the prospects of a widening conflict. The efforts come as Israel’s top general said Wednesday that the Israeli military is preparing for a possible ground incursion into Lebanon. Israel’s Prime Minister Benjamin Netanyahu has given the green light for his government to engage with the US efforts, an Israeli official told CNN. Amos Hochstein, a senior White House adviser, is involved, the source said, adding that the Americans are not talking to Hezbollah directly. Because while there’s a very legitimate issue here, we don’t think that war is the solution,” he told NBC News.

Persons: Benjamin Netanyahu, Netanyahu, Amos Hochstein, Joe Biden, ”, Antony Blinken Organizations: CNN, Israel’s, White House, United Nations General, UN Security, West Bank, NBC News Locations: United States, Israel, France, Gaza, Lebanon, New York

CNN —The US is expected to announce a major weapons package to Ukraine as soon as next week, but it will likely delay the shipping of the equipment due to inventory shortages, according to two US officials. The US currently has $5.9 billion left in Presidential Drawdown Authority for Ukraine, the Pentagon said this week, which is set to expire at the end of the fiscal year in less than two weeks. Presidential drawdown packages were initially intended as a way of supplying Ukraine with arms and equipment in the short-term since the start of the war with Russia. More sophisticated equipment with long production times was sent through another mechanism – the Ukraine Security Assistance Initiative – that purchased weapons directly from arms manufacturers for future delivery. The US believes Ukraine will need at least $500 million worth of presidential drawdown authority per month through fiscal year 2025, according to a senior administration official.

Persons: Sabrina Singh, Biden Organizations: CNN, US, Pentagon, Defense Department, Ukraine Security, Initiative Locations: Ukraine, Kyiv, Russia, Europe

☆ In a first for $21 billion Balyasny, a star PM will start building his own internal equities unit this month
▼ + stars: | 2024-09-17 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

This month, he'll start building a long-short equity division called Longaeva Partners inside Balyasny and exclusively managing the multistrategy hedge fund's capital, according to people familiar with the matter. "He was very coachable and progressed at a much faster rate than a lot of other, newer portfolio managers," Boyle said. "Peter was good at keeping his emotions out of his portfolio," Boyle said. At Balyasny, Goodwin will effectively have his own unit, though he'll be under the flagship Atlas Enhanced umbrella and operate on BAM's platform, including access to its technology, risk management, hiring, and human resources capabilities. The allure of such a setup is more time to spend on investing, which Longaeva will do exclusively with Balyasny money for now.

Persons: —, Peter Goodwin, Dmitry Balyasny's, Jeff Runnfeldt, Gustav Rydbeck, Goodwin, he'll, it's, they've, Point72, Point72 Goodwin, Peter, Korn, Scott Goodwin, Shaw, Perry Boyle, Boyle, delegating, he's Organizations: Service, Management, Business, Longaeva Partners, Millennium Management, Korn Ferry, JPMorgan, Lehman Brothers, Ziff Capital Locations: D.E

☆ Top Morgan Stanley bankers break down 3 common mistakes startup hedge funds make
▼ + stars: | 2024-09-16 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Read previewIt's shaping up to be a bustling period for new hedge funds. Startup funds have allies in investment bank prime brokerage units, a crucial lifeline to hedge funds and a growing business on Wall Street. AdvertisementMorgan Stanley has long been home to one of the top prime brokerages, and serving hedge funds is key to the bank's equities ambitions. These are 3 of the top stumbling blocks for startup fund managers and how to handle them, according to Novick and Shaw. AdvertisementBut beyond that, continuing to engage with prospects is simply a sound business strategy.

Persons: —, Jon Caplis, Morgan Stanley, Ted Pick, Penny Novick, Kim Shaw, Shaw, Morgan Stanley's, Novick, they're, allocators, Hone, haven't Organizations: Service, Business, Viking

☆ Russia will be ‘at war’ with NATO if Ukraine long-range missile restrictions lifted, Putin warns
▼ + stars: | 2024-09-12 | by ( Avery Schmitz | Michael Conte | ) edition.cnn.com time to read: +5 min

“This will mean that NATO countries – the United States and European countries – are at war with Russia,” Putin told reporters on Thursday. US officials have expressed concerns that allowing Ukraine to strike deep inside Russia could escalate the conflict and cause Russia to further accuse the US of being part of the war. Blinken said he discussed the restrictions with Ukrainian President Volodymyr Zelensky and would report back to President Biden. On Tuesday, the bipartisan congressional Ukraine caucus called on Biden to allow Ukraine to strike targets inside Russia with the long-range weapons. The United States already does provide intelligence to Ukraine, and has previously assisted in the targeting, although not with the long-range systems currently being considered.

Persons: Vladimir Putin, ” Putin, Joe Biden’s, Antony Blinken, we’ll, ” Blinken, Andrii Sybiha, David Lammy, Blinken, Volodymyr Zelensky, Biden, Putin, Stacie Pettyjohn, CNN’s Alex Marquardt, Rustem Umerov, William Courtney, ”, Michael Callahan, Natasha Bertrand, Oren Liebermann, Lex Harvey Organizations: CNN, NATO, Kyiv, Ukrainian, Britain’s, Biden, Republicans, West, United, Center, New American Security, Belbek Airbase, Tactical Missile, Ukrainian Defense, RAND Corporation Locations: Ukraine, Moscow, United States, Russia, Kyiv, Blinken’s Ukraine, Russian, Belbek, Crimea, Ukrainian, Iran, US

☆ A Citadel PM Was Set to Join Point72. Then Swooped in.
▼ + stars: | 2024-09-11 | by ( Alex Morrell | ) www.businessinsider.com time to read: +1 min

Point72 recruited ex-Citadel rates portfolio manager George Arzeno to bolster its macro-trading operation. Then, Balyasny swooped in with an offer before he started at Point72. Go to newsletter preferences Thanks for signing up! The macro portfolio manager was lured away from Citadel this spring by Point72, which had been ramping up its macro-trading operation, Bloomberg reported in March. But in another salvo of the multimanager hedge-fund talent war, Arzeno is now expected to join Balyasny after the fund swooped in with a sweeter offer than Point72, according to people familiar with the matter.

Persons: Point72, George Arzeno, Balyasny, — Organizations: Citadel, Service, Bloomberg, Balyasny, Business Locations: Point72

☆ Alex Morgan says goodbye in final match of illustrious 15-year career
▼ + stars: | 2024-09-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

SAN DIEGO — Fighting tears, Alex Morgan waved to the crowd and walked off the field for the last time on Sunday as she capped an impactful 15-year career. The two-time Women’s World Cup winner announced on Thursday she was pregnant with her second child and retiring from the game. Overall, it was her 150th career appearance in National Women’s Soccer League play. Morgan’s U.S. national team career was full of accomplishments, including World Cup titles in 2015 and 2019, and an Olympic Gold medal in 2012. Morgan played in 224 matches for the U.S. national team, with 123 goals (fifth on the career list) and 53 assists (ninth).

Persons: Alex Morgan, subbing, ” Morgan, Morgan, Charlie, Joe Musgrove, ”, Jessica Berman, “, Amber Brunner, equitably, Alex Organizations: DIEGO, San Diego Wave, North Carolina Courage, Women’s Soccer League, England, Portland Thorns, Wave, U.S ., U.S, Soccer, Community, San Diego Padres, San Francisco Giants, men’s Locations: France, Morgan’s, U.S

☆ Alex Morgan: US soccer legend waves goodbye after playing final minutes of remarkable career
▼ + stars: | 2024-09-09 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —US soccer star Alex Morgan waved an emotional goodbye to her professional career on Sunday, playing her final minutes in the San Diego Wave’s 4-1 loss to the North Carolina Courage. An emotional Morgan then took off her cleats in the middle of the pitch, before walking off the field in tears. Morgan signing autographs after her final career match. Meg Oliphant/Getty ImagesShe then emerged back onto the field after the final whistle to address the thousands of fans who had stayed on. Meg Oliphant/Getty ImagesMorgan announced her retirement last week with an emotional four-plus minute video on social media.

Persons: Alex Morgan, San Diego Wave’s, –, Morgan, Meg Oliphant, ”, Charlie Organizations: CNN, San Diego, North Carolina Courage, Getty, United States Women’s National Locations: San, California

And Israeli Prime Minister Benjamin Netanyahu has poured cold water on US hopefulness, though Biden officials have largely refrained from criticizing him. “In my view, the less that’s said about particular issues, the better,” a senior administration official told reporters Wednesday in response to Netanyahu’s press conference. Days later, a senior administration official who briefed reporters argued that the majority of the details of a ceasefire deal – “90%” – had been agreed to by the two parties. In a detail not previously shared, the senior official said that of the 18 paragraphs in the agreement, 14 were finished and agreed to. They need to rest and refit, in case a war in the north [with Hezbollah] is going to happen,” the second senior administration official said.

Persons: CNN —, Biden, Joe Biden’s, Yahya Sinwar, Benjamin Netanyahu, Netanyahu, “, ”, Itamar, Ben, Antony Blinken, ” –, – “, Feedback Netanyahu, CNN Biden ‘, Hersh Goldberg, Polin, it’s, Israel, Haniyeh, Ismail Haniyeh, Haniyeh’s, —, ” Biden, –, Bill Burns, I’ve, John Kirby, “ I’m, ” Kirby Organizations: CNN, Hamas, CIA, Defense Ministry, IDF, White House Locations: Gaza, Israel, ” – Israel, Egypt, Qatar, Tehran, London, White

☆ 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

☆ Chess games and a new job: How Alex Murdaugh is spending life behind bars
▼ + stars: | 2024-08-23 | by ( Pilar Melendez | Pilar Melendez Is An Editor On The Nbc News Platforms Team. | ) www.nbcnews.com time to read: +6 min

Disgraced former South Carolina lawyer Alex Murdaugh scored a big legal win last week after the South Carolina Supreme Court agreed to hear his appeal for a new murder trial. Murdaugh’s lawyer, however, is not worried and is focused on their appellant cases. Last week, the state Supreme Court agreed to hear Murdaugh’s state appeal for a new murder trial based on allegations that a court clerk tampered with the jury that convicted him. Former state Supreme Court Chief Justice Jean Toal’s decision came after an evidentiary hearing into whether Hill’s comments during the trial influenced the jury. “We are really looking forward to making our case to the Supreme Court,” Griffin said.

Persons: Alex Murdaugh, Murdaugh, Jim Griffin, “ Alex, ”, ” Griffin, Maggie, Paul, Aimee Zmroczek, Curtis Eddie Smith, Zmroczek, ” Zmroczek, Chrysti Shain, “, Murdaugh’s, ” Shain, Eric Bland, doesn’t condon, ” Bland, Colleton, Becky Hill, Jean Toal’s, Toal, Hill Organizations: South, South Carolina Supreme, NBC, Murdaugh’s, NBC News, South Carolina Department of Corrections, Department of Corrections, “ Locations: South Carolina, Murdaugh’s “, Colleton County

☆ She got back in touch with a vacation fling from over 15 years ago. What happened next was unexpected
▼ + stars: | 2024-08-23 | by ( Francesca Street | ) edition.cnn.com time to read: +11 min

Alex and Ola met in a crowded bar and stayed up all night together on the island. Alex didn’t even know Ola was married – he didn’t post much, and he wasn’t on her radar anymore. To their mutual surprise, the connection Alex and Ola felt that night on the beach in Ko Phi Phi returned right away. In the fall, Alex met Ola’s children, who she immediately loved. Alexandra NelkeA year after she moved to Sweden, Alex and Ola bought a house together in Malmö, Sweden.

Persons: Alex Nelke, Ola Forsmark, he’s, ” Alex, you’re, Alex, ” Ola, Ola, kickstarted, ”, didn’t, Alex reconnecting, “, Alexandra Nelke, Alex didn’t, –, She’d, ’, Berlin Ola, Alexandra Nelke Alex, ‘ Life’s, Ola’s, Wolfgang —, “ I’ve, I’ve, she’s, they’ve Organizations: CNN, CNN Travel, Ko Phi Phi, Phi Phi, Facebook Locations: Thailand, Ola, Ko, Germany, London, Swedish, Asia, Bali, America, Sweden, Berlin, “, Malmö

☆ Even if a Gaza ceasefire is agreed, Israel has made clear it reserves the right to resume the war with Hamas
▼ + stars: | 2024-08-23 | by ( Alex Marquardt | ) edition.cnn.com time to read: +11 min

CNN —Months of feverish negotiations, in different cities and at multiple levels, have gotten Israel and Hamas closer to striking a ceasefire deal. “But we are committed to continue the war after the pause in order to achieve the goal of destroying Hamas. It essentially allows Israel – and Hamas – to abandon discussions after the six-week first phase and resume the war. Far-right members of his cabinet have blasted any ceasefire agreement while Israeli reports cite security officials who accuse Netanyahu of sabotaging the negotiations. Earlier this week, Secretary of State Antony Blinken, who was visiting Israel, said Netanyahu had agreed to the proposal while Hamas had not yet.

Persons: Israel, Benjamin Netanyahu, Israel’s, Israel –, –, Netanyahu, Riki Baruch, ”, it’s, John Kirby, “, Joe Biden, Biden, Qatar –, Yahya Sinwar, Bill Burns, Antony Blinken, Sinwar, ” CNN’s Jeremy Diamond, Jennifer Hansler Organizations: CNN, Israel, National Security, Hamas, Islamic, IDF, ”, CIA, Biden, American Locations: Israel, Gaza, Cairo, Palestinian, Egypt, Qatar, Israeli, Israel’s, American, Doha, Iran, Lebanon, Beirut, Tehran

☆ Wyoming reporter caught using artificial intelligence to create fake quotes and stories
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +7 min

“The 2024 Cody Stampede Parade promises to be an unforgettable celebration of American independence, led by one of comedy’s most beloved figures,” the Cody Enterprise reported. In an editorial published Monday, Enterprise Editor Chris Bacon said he “failed to catch” the AI copy and false quotes. “It matters not that the false quotes were the apparent error of a hurried rookie reporter that trusted AI. It was my job,” Bacon wrote. Another story — about a poaching sentencing — included quotes from a wildlife official and a prosecutor that sounded like they came from a news release, Baker said.

Persons: HELENA, CJ Baker, Larry, Cable Guy, ”, Baker, Aaron Pelczar, Buffalo Bill Cody, Chris Bacon, “, ” Bacon, Pelczar, Bacon, I’ve, ” Baker, —, Mark Gordon, ” Michael Pearlman, It’s, Alex Mahadevan, ” Mahadevan, Megan Barton, Cody Enterprise’s, ” Barton, Poynter Organizations: Powell Tribune, Cable, Cody, Stampede, Cody Enterprise, Enterprise, Buffalo, ” Journalists, Associated Press, AP, Sports, Wyoming Gov, OSHA, Wyoming, Fish Department, Poynter Institute Locations: Mont, Wyoming

☆ ‘Bad Monkey,’ Bad Deer, Bad Weather: The Fun of Filming in Florida
▼ + stars: | 2024-08-13 | by ( Alexis Soloski | ) www.nytimes.com time to read: +1 min

Alex Moffat, an actor and comedian best known for his work on “Saturday Night Live,” rarely shouts at deer. But during a tense scene in the new crime comedy “Bad Monkey,” a Key deer, a member of an endangered species native to the Florida Keys, kept entering the frame. Not a lot of shows shoot in Florida — blame the lack of film infrastructure; blame the absence of tax breaks; blame the deer and the gnats and the 99 percent humidity. Even shows set in the state will typically shoot in North Carolina, Georgia, Louisiana or, as in the case of Lawrence’s Florida-centric comedy “Cougar Town,” Los Angeles. He strongly preferred a Florida shoot, especially for the scenes set in the Keys.

Persons: Alex Moffat, ”, Moffat, “, it’s, Bill Lawrence, Andrew Yancy, Vince Vaughn, Carl Hiaasen’s Organizations: Apple, wranglers, Miami Herald, Hollywood Locations: Florida, North Carolina , Georgia, Louisiana, Los Angeles, Culver City

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