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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed needs to calibrate lower rate in response to slowing growth, says Morgan Stanley's Brian WeinsteinRichard Bernstein, CEO and chief investment officer at Richard Bernstein Advisors; Brian Weinstein, head of global markets at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for Fed rate cuts, market outlooks, and more.
Persons: Morgan, Brian Weinstein Richard Bernstein, Richard Bernstein, Brian Weinstein, Steve Liesman Organizations: Fed, Richard, Richard Bernstein Advisors, Morgan Stanley Investment Management
Katie Ledecky’s first question was quintessential Katie: Hey, I’m coming home to Maryland for a few days in May. And he watched 27-year-old Katie Ledecky work the room, taking photos with those who asked and speaking with people from all walks of life. The little girl who once dressed up as Katie Ledecky for Halloween qualified to be part of the women’s 4×200-meter freestyle relay with her. Katie Ledecky, right, embraces Erin Gemmell after the 200-meter freestyle at the U.S. Olympic trials. Katie Ledecky shows off her gold medal from the 800-meter freestyle at the Tokyo Olympics in 2021.
Persons: Bruce Gemmell, Katie Ledecky’s, Katie, I’m, you’d, ” Gemmell, , , Joe Biden, Gemmell, Biden, Katie Ledecky, Nancy Pelosi, it’s, , Erin, Ledecky, she’d, Erin Gemmell, Gemmell’s, Sarah Stier, She’s, ” Erin, It’s, Andrew, Erin can’t, can’t, Erin isn’t, she’s, ” Bruce Gemmell, ” Ledecky, Alex Shackell, Claire Weinstein, Katie Grimes, Larisa Latynina, Summer McIntosh, She’ll, Oli Scarff, doesn’t, you’re, I’ve, Yuri Suguiyama, That’s, London …, Eamonn Dalton, Al Bello Organizations: Paris, London Olympics, Rio Games, U.S . Olympic, Olympic, U.S, Team USA, Los Angeles Olympics, Paris Games, Tokyo, Getty, London Locations: Maryland, Delaware, London, Indianapolis, Paris, North Carolina, Croatia, Soviet Union, Australia, AFP, Rio de Janeiro
Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.
Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, , Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine
In today's big story, President Biden's comeback plan isn't working , and Democratic leaders are ready to move on . President Joe Biden's reelection campaign appears to be on its last legs as calls within his party have grown from whispers to shouts since his disastrous debate last month. AdvertisementBut perhaps the biggest blow to Biden's reelection campaign came with the news that his former running mate has doubts. But for some Democrats, the risk of Biden continuing his reelection campaign could extend from the White House to Capitol Hill. Still, despite mounting pressure, Biden's campaign has remained steadfast about his reelection bid.
Persons: , Biden's, Mario Tama, Tyler Le, Joe Biden's, it's, Insider's Brent D, Griffiths, Sen, Bernie Sanders, Biden, doesn't, That's, BI's Bryan Metzger, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, Sarah Gray, Kelsey Vlamis, Barack Obama, Kent Nishimura, don't, Schumer, Jeffries, Adam Schiff, Quentin Fulks, Cros, Steve Schwarzman, it'll, Michael M, Jensen, Goldman Sachs, Peter Naylor, Amy Reinhard, Jamie Dimon's, cushy, Ernst & Young, Joe Biden, Kamala Harris, It's, Harris, Harvey Weinstein, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, American Airlines, United Airlines, Democratic, Business, Getty, Trump, Biden, Capitol, Case, Senate, Wall, Google, Bank of America, Blackstone, Nvidia, Netflix, EV, Mercedes, Benz, Warner Bros Discovery, Warner Bros, Discovery, WarnerMedia, Investors, JPMorgan, McKinsey, Ernst, American Express, Convention Locations: Crowdstrike, Biden's, AFP, New York, London
Manhattan prosecutors on Tuesday said they were “actively pursuing” additional allegations of sexual assault against the disgraced movie mogul Harvey Weinstein ahead of a new trial that was likely to begin in the fall. Nicole Blumberg, an assistant district attorney, said in Manhattan criminal court that her office had identified allegations of rape and sexual assault against Mr. Weinstein that had occurred within the statute of limitations, and that prosecutors planned to ask a grand jury to indict him. She said they were working in a “trauma-informed” manner with his accusers. “In 2020, there were women who were not ready to proceed with the legal process,” she said. “Some of those women are now ready to proceed.”When the judge in the case, Justice Curtis Farber, pressed for a date when a grand jury could hear new charges, Ms. Blumberg could not give one, but she said prosecutors could be prepared to go to trial by the fall, at one point indicating November.
Persons: , Harvey Weinstein, Nicole Blumberg, Weinstein, Curtis Farber, Blumberg Locations: Manhattan
In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?
Persons: , I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London
Read previewAt least one woman has come forward with new, "violent sexual assault" accusations against Harvey Weinstein, prosecutors said as both sides gathered in court Tuesday to discuss next steps for his Manhattan retrial. defense lawyer Arthur Aidala demanded impatiently at one point, referring to the retrial. Weinstein calls his attorneys "in excruciating pain," Aidala told New York Supreme Court Justice Curtis Farber, who will preside over the retrial. "Mr. Weinstein has fluid in his lungs," he added, giving the most detailed description of Weinstein's condition to date. Asked after court whether Weinstein's life is in danger due to his health issues, Aidala answered, "This isn't a hangnail."
Persons: , Harvey Weinstein, Weinstein's, Jessica Mann, Nicole Blumberg, Arthur Aidala, impatiently, HARVEY, Aidala, Weinstein, Justice Curtis Farber, Mr, Donald Trump's, Allen Weisselberg, Weisselberg Organizations: Service, Business, Prosecutors, New, Facility Locations: Manhattan, Rikers, York, New York, Los Angeles
President Biden should do the same,” Doggett said in his statement Tuesday. “There’s a large and increasing group of House Democrats concerned about the president’s candidacy, representing a broad swath of the caucus,” another House Democratic lawmaker told CNN on condition of anonymity to speak candidly. They have held off going to Biden directly, hoping he would make the decision himself, but patience is wearing thin, multiple Democrats told CNN, amid signs that Biden has taken no steps to seriously consider the mounting concerns. President Joe Biden, first lady Jill Biden, and their granddaughters Finnegan and Natalie Biden head to Camp David on June 29, 2024. House Democrats are deep into their own polling, assessing how much damage has been done.
Persons: Joe Biden’s, Lloyd Doggett of, Lyndon Johnson, Biden, ” Doggett, , , ” Biden, George Stephanopoulos, Camp David, Obama, Barack Obama’s, Mitt Romney, Mike Quigley, Kasie Hunt, who’s, Nancy Pelosi, ” Pelosi, Donald Trump, Trump, Kamala Harris, Hakeem Jeffries, Jeffries, Jill Biden, “ Joe isn’t, , Delaware Sen, Chris Coons, George W, Sen, Sheldon Whitehouse, Joe Biden, Finnegan, Natalie Biden, Haiyun Jiang, , Jen O’Malley Dillon, Andrew Weinstein, Phil Murphy, ” Murphy, CNN’s Brianna Keilar, Jake Tapper, Annie Grayer Organizations: CNN, Democratic, House Democrats, Biden, ABC News, Camp, Republican, Capitol Hill Democratic, , House, Senate, MSNBC, California Democrat, Monday, , Trump, Democratic National Convention, Democratic Party, Hamptons, Saturday, ABC, White, New York Times, Minnesota, New York Times Editorial, Democratic National Committee, campaign’s National Finance Committee, New Locations: Delaware, Lloyd Doggett of Texas, California, North Carolina, Virginia, New Jersey, Rhode Island, Wilmington, , Michigan, Ukraine
In his new film, “Kinds of Kindness,” though, Yorgos Lanthimos goes further. Jesse Plemons is Robert in Yorgos Lanthimos’ new film, “Kinds of Kindness." Workplace harassment is a pervasive problem in a huge range of professions, from farm work to domestic labor to Hollywood itself. Remote work saves companies money by reducing rent and relocation costs, and because workers who work from home are more satisfied with fewer pay raises. People in “Kinds of Kindness” are pushed to mistake domination for kindness.
Persons: Noah Berlatsky, Yorgos Lanthimos, Lanthimos, Noah Berlatsky Noah Berlatsky, Emma Stone, Jesse Plemons, Willem Dafoe, Margaret Qualley, Hong Chau, Joe Alwyn, Mamoudou Athie, Hunter Schafer, Robert, Plemons, Raymond, Dafoe, , Chau, balk, Raymond’s largesse, don’t, Yorgos, Atsushi Nishijima, MeToo, Harvey Weinstein, Jamie Dimon, Raymond isn’t, Raymond kisses Robert, Emily, Stone, Omi, she’s, Donald Trump’s, Steve Wozniak, Musk, Steve Jobs, Trump, Roberts Organizations: CNN, Searchlight, Hollywood, JPMorgan, Elon, Apple Locations: Chicago, Hong, Hollywood
"It was harder than the initial assault," Kostial said of being stalked. The Aetna NDA only silenced her about the terms of her settlement, not the sexual assault. Kostial has discussed her situation with Vincent White, a New York city-based lawyer who specializes in workplace NDAs and advises signatories on the risks associated with breaking them. Kostial is fearful that if they wed, her wife's finances could be affected if either SAP or Aetna pursues her for breaking her NDA. AdvertisementWhenever she's seized by anxiety, Kostial reminds herself of how hard she's fought to move past the sexual assault and why she's coming forward.
Persons: , Ashley Kostial, she'd, She'd, Kostial, abrasions, Aetna, Brad Schleier, Schleier, hadn't, NDAs, Taylor Glascock, Kira, She's, Nina Wasow, Jodi Short, Evan Starr, Morton , Illinois Taylor Glascock, galling, Vincent White, White, Zelda Perkins, Harvey Weinstein's, Julie Macfarlane, she's, Hey Ashley —, he'd Organizations: Service, SAP, Marriott, Business, Ariba, Aetna, Aetna NDA, BI, University of California College of the, San, National Labor Relations Board, University of, Plano Police Department Locations: Plano , Texas, Plano, Phoenix, spokespeople, Aetna, Berkeley , California, California, New York, New, Maryland , New Jersey, New Mexico, But Arizona, San Francisco, NDAs, Morton ,, Oakland, Texas, Arizona, Illinois
Carnival CEO Josh Weinstein on positive Q2 earnings
  + stars: | 2024-06-25 | 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 EmailCarnival CEO Josh Weinstein on positive Q2 earningsCarnival CEO Josh Weinstein joins 'Money Movers' to discuss the company's stronger-than-expected second quarter, the impact of the Baltimore Port on their business, and more.
Persons: Josh Weinstein Organizations: Email, Baltimore Port Locations: Baltimore
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"Based on the preliminary results from last week's shareholder meetings, it is clear that shareholders have rejected both Saba's nominees and its efforts to displace BlackRock as investment advisor to the Funds," BlackRock said in a statement. Saba, run by prominent investor Boaz Weinstein, and BlackRock, the world's biggest asset management company with more than $10 trillion in assets under management, have been locked in battle for months over the future of 10 BlackRock closed end funds. Saba wants investors to elect its nominees to the BlackRock funds' boards and fire BlackRock as manager at some of them. Some $1.4 billion in value could be unlocked at the funds by cutting the funds' discount to their net asset value, he has said. The 10 BlackRock funds jointly oversee roughly $10 billion in assets.
Persons: Brendan McDermid, BlackRock, Boaz Weinstein, Saba, Weinstein, Svea Herbst, Bayliss, Josie Kao Organizations: REUTERS, BlackRock, Saba Capital Management, Services, BIGZ, ISS, Svea, Thomson Locations: BlackRock, New York City, U.S, Saba
Still, conversations about a possible drift toward Donald Trump, though, are evident in the several Jewish elected Democratic leaders who grimaced and ducked when asked by CNN to discuss their sense of Jewish support for Biden. Talking with Jewish voters in Michigan, “I’ve had a couple of people say point blank, ‘How could any Jew vote for a Democrat?’” said Troy Zukowski, the West Michigan chair of the Michigan Jewish Democrats. The president does have some key Jewish voices of support in important places. Trump’s support among Jewish voters in 2020, at 30% according to Associated Press exit polls, was the highest for a Republican presidential candidate in decades. The expected central theme of that effort, according to one of the people involved, will be: As a Jewish American, do you feel safer than you did four years ago?
Persons: Joe Biden’s, , Biden, Joe ”, Kamala Harris, Doug Emhoff, Donald Trump, grimaced, megadonor Haim Saban, “ I’ve, ’ ”, Troy Zukowski, “ I’m, I’m, Alejandro Mayorkas, Neera Tanden, Jon, John Kirby, Kirby, Joe Biden, , Josh Shapiro, , Shapiro, Pharaoh, Hitler, Kim Jong, Benjamin Netanyahu’s, Emhoff, Ben Stiller, chitchatting, Alex Edelman’s, Israel, sickening ”, Trump, Morgan Ortagus, Haile Sofer, Jake Sullivan, Netanyahu, Lee Zeldin, ” Zeldin, Rashida, Harris, Biden “, ” Emhoff, who’s, antisemites, Andrew Weinstein, it’s, “ He’s, I’ve, Joe Organizations: Washington CNN, CNN, Jewish, Democratic, White, Biden, Democrat, Michigan Jewish Democrats, Trump, Homeland, National Security, Justice, NSC, Pennsylvania, American, Israel, Nova Music, Wing, House, Jewish voters Trump, State Department, Jewish Democratic Council of America, Associated Press, Republican, United Arab Emirates, Capitol, GOP, Democratic Party, Biden ’, Republican Jewish Coalition, Naval Observatory Locations: Israel, Pennsylvania , Michigan, Georgia, Wisconsin, Arizona, Michigan, West Michigan, Palestine, president’s State, Jerusalem, Gaza, Lower, Manhattan, Brooklyn, America, Charlottesville , Virginia, Germany, Washington, Bahrain, New York, Detroit, American, Charlottesville, , Florida
Biden administration officials have discussed potentially negotiating a unilateral deal with Hamas to secure the release of five Americans being held hostage in Gaza if current cease-fire talks involving Israel fail, according to two current senior U.S. officials and two former senior U.S. officials. The Biden administration has said it believes Hamas is holding five American hostages who were abducted during the Oct. 7 terrorist attack on Israel. The officials did not know what the U.S. might give Hamas in exchange for the release of American hostages. Earlier this week, Israeli officials estimated that some 120 hostages are still being held by Hamas and that 43 of them have died in captivity. Over the weekend, four Israeli hostages kidnapped from the Nova music festival were rescued in an operation conducted by the Israel Defense Forces.
Persons: Biden, Israel, Benjamin Netanyahu, Netanyahu, Alexander, Sagui Dekel, Chen, Hersh Goldberg, Polin, Omer Neutra, Keith Siegel, Itay Chen, Judy Weinstein, Gad Haggai, Antony Blinken, Jake Sullivan, Bill Burns, Brett McGurk Organizations: Hamas, U.S, Qatari interlocutors, White, Nova, Israel Defense Forces, NBC News, National, CIA Locations: Gaza, New York City , New York, Israel, Qatari, U.S
Mr. Giuliani’s run-ins with the law have left his life and finances in tatters. Mr. Giuliani has filed for bankruptcy and owes two Georgia women a $148 million judgment from a defamation case. “Anyone who thinks that Mr. Giuliani is off his game in terms of legal acumen is strongly mistaken,” Mr. Aidala said. Like many at the birthday party, Mr. Aidala was displeased by Mr. Trump’s conviction on charges related to hiding hush money paid to a porn star. In the video, Mr. Trump stands with a small crowd of people who appear to be some of his supporters.
Persons: Donald J, Trump, Rudolph W, Giuliani, Giuliani’s, Mr, Anthony Carbonetti, Barry Kamins, “ He’s, he’s, John Catsimatidis, , we’ve, Kamins, Arthur Aidala, , ” Mr, Aidala, Harvey Weinstein, Andrew, Caroline, Bernard B, Rudy Washington, Raheem Kassam, Miranda Devine, Michael Ragusa, holstered, Scott LoBaido, I’m, MAGA ”, “ Joe, Rudy Giuliani, Rudy Organizations: City Hall, Republican, WABC, New York, Mr, The New York Times, Breitbart, New, New York Post, Trump Locations: tatters, Arizona, Georgia, Washington, Dodge Durango, client’s, Panama, Lower Manhattan, New York City, New York, Bay Ridge, Brooklyn, Staten Island, America, Suffolk County
NEW YORK CNN —A Manhattan prosecutor said Wednesday a new indictment against Harvey Weinstein is possible as additional accusers have come forward with claims against the powerful Hollywood producer whose downfall became a symbol of the #MeToo movement. That trial similarly used “prior bad acts” witnesses and has also been appealed. In addition, three other women testified at trial as “prior bad acts” witnesses. They argued the “prior bad acts” witnesses should not have been allowed to testify and the court should not have given prosecutors the ability to question Weinstein about instances of verbal abuse and bullying on cross-examination. In sexual assault cases, their testimony can turn a difficult “he said, she said” case into a more convincing “he said, they said” case.
Persons: Harvey Weinstein, Nicole Blumberg, Justice Curtis Farber, , , Weinstein, Blumberg, ” Blumberg, , ” Weinstein, Arthur Aidala, Miriam “ Mimi ” Haley, Haley, ” Aidala, Farber, CNN Weinstein, Love, Jessica Mann, Mann, Prosecutors, – Dawn Dunning, Tarale Wulff, Lauren Young –, uncharged Organizations: YORK CNN, Hollywood, Manhattan Supreme, ” Prosecutors, New, , CNN, Weinstein’s Locations: Manhattan, , Los Angeles, Hollywood, York, New York
Manhattan prosecutors on Wednesday signaled that they might seek to indict Harvey Weinstein on new charges, saying they were vetting allegations from people who have accused him of sexual assault in recent years as they prepared to retry him after his 2020 sex crimes conviction was overturned. Prosecutors did not say how many accusers they were interviewing or provide details of their allegations but said they were reviewing which of the accusations fell within the statute of limitations. At the hearing on Wednesday in Criminal Court in Manhattan, Mr. Weinstein, 72, entered in a wheelchair, dressed in a dark suit and white shirt, holding a large tan book under his left arm. It was the second hearing since Mr. Weinstein’s conviction was overturned last month. In a 4-to-3 decision, the New York Court of Appeals agreed with Mr. Weinstein’s lawyers that the trial judge who presided over his 2020 case had erred by allowing prosecutors to call several accusers as witnesses, even though their allegations had not led to charges.
Persons: Harvey Weinstein, Weinstein, Weinstein’s Organizations: Prosecutors, New, Mr Locations: Manhattan
is a Pulitzer Prize-winning investigative reporter and co-author of “She Said,” which recounts how she and Megan Twohey broke the story of sexual abuse allegations against Harvey Weinstein, helping to ignite the #MeToo movement. Instagram •
Persons: , Said, Megan Twohey, Harvey Weinstein, Instagram
I reported him and then I just tried to follow the justice and what they told me to do,” Battilana Gutierrez told CNN in a recent interview. Battilana Gutierrez says she sees chilling parallels between the alleged conspiracy surrounding a hush-money payment connected to Trump and what happened to her. “It would be very interesting to see if he had to speak about the Harvey Weinstein trial,” Battilana Gutierrez said of Pecker. Of Battilana Gutierrez, he added, “Harvey wishes her well and hopes only for happiness and success for her.”Eventually, Battilana Gutierrez did sign a non-disclosure agreement with Weinstein’s legal team. Mark Peterson/Redux“Both Harvey Weinstein and Donald Trump were ‘FOPs’ – Friends of Pecker,” Cartwright told CNN.
Persons: Ambra Battilana Gutierrez, Harvey Weinstein, , ” Battilana Gutierrez, , , Battilana Gutierrez, Weinstein, Donald Trump, David Pecker –, Trump, Jeenah, Michael Cohen, ” Pecker, Arnold Schwarzenegger, Ari Emanuel, Rahm, Barack Obama’s, Schwarzenegger, Ari, Rahm Emanuel, Pecker, ’ Battilana Gutierrez, , ” Harvey Weinstein, Natalia V, ” Weinstein’s, Juda Engelmayer, “ Ms, Gutierrez ’, ” Engelmayer, Battilana, Julia Nikhinson, he’s, Harvey Weinstein’s, “ Harvey, Judge James Burke, ” Gutierrez, Ronan Farrow, Cyrus Vance , Jr, Eduardo Munoz, Cyrus Vance, ” Vance, Vance, Attorney Alvin Bragg, Weinstein’s, Lachlan Cartwright, Ambra, ” Cartwright, David J, Mark Peterson, Rose McGowan’s, Cartwright, McGowan, American Media …, Timothy A, Clary, Jason Kravarik Organizations: CNN, Trump, American Media Inc, National, Manhattan Criminal, Staff, Chicago mayorship, National Enquirer, New Yorker, The New York Times, New, Weinstein’s, Manhattan District, Manhattan DA, Manhattan, Attorney’s, Attorney, Attorney’s Office, New York Times Magazine, AMI, Manhattan DA’s, New York Times, Enquirer, Yorker, Weinstein Company, Pecker, Radar, , American Media, Model Alliance, Getty Locations: Italian, New York City, Manhattan, New York, Los Angeles, Italy, York, New, Angeles, AFP, CNN’s
Read previewLiam Neeson and Sharon Stone said they want Kevin Spacey to return to Hollywood, seven years after Spacey was unofficially blacklisted when "Star Trek: Discovery" actor Anthony Rapp accused him of sexual assault. Spacey has faced a number of sexual assault allegations in recent years. In October 2022, a New York jury found Spacey not liable for battery in the sexual assault lawsuit Rapp filed against him. AdvertisementSeparately, four men in London accused Spacey of sexual assault, and he faced nine sexual offense charges over incidents alleged to have taken place between 2001 and 2013. AdvertisementNeeson, Stone, and British TV star Stephen Fry have come forward to defend Spacey after the documentary "Spacey Unmasked" documentary was released in May.
Persons: , Liam Neeson, Sharon Stone, Kevin Spacey, Spacey, Anthony Rapp, Neeson, Rapp, Dan Wootton, who's, Harvey Weinstein, Stone, Stephen Fry, Vic, Kevin, Fry Organizations: Service, Hollywood, Telegraph, Business, Netflix, Old Locations: New York, London, Hollywood, British
Boaz Weinstein, the hedge fund investor on the winning side of JPMorgan Chase's $6.2 billion, "London Whale" trading loss in 2011, is now taking on index fund giant BlackRock . The hedge fund wants board control at three BlackRock funds and a minority slate at seven others. BlackRock, Saba says in the deck, "considers itself a leader in governance, but is crushing shareholder rights." At certain BlackRock funds, for example, if an investor doesn't submit their vote in a shareholder meeting, their shares will automatically go to support BlackRock. The index fund manager's rebuttal, "Defend Your Fund," describes Saba as an activist hedge fund seeking to "enrich itself."
Persons: Boaz Weinstein, Saba, Weinstein, doesn't Organizations: Saba Capital Management, Bloomberg, JPMorgan Chase's, Weinstein's, CNBC, BlackRock, affirmatively Locations: New York, BlackRock, Weinstein's Saba, Saba
The meme stock craze is back , but hedge-fund titan Boaz Weinstein said he wants nothing to do with it. The resurgence of meme mania began late Sunday when " Roaring Kitty ," the man who first ignited the meme stock phenomenon through GameStop in 2021, posted on X for the first time since then. Beyond meme stocks, Weinstein said there's sure to be plenty of volatility in the "foggy" market in the months to come, citing inflation, geopolitics and the upcoming U.S. presidential election. When you put all that together … we're going to have a credit crunch in the next couple of years if things don't change." "Maybe in both cases, there's going to be plenty of volatility, and I'm quite excited for it," he added.
Persons: Boaz Weinstein, Weinstein, CNBC's, there's, … we're, Donald Trump Organizations: Saba Capital Management, GameStop, AMC
Watch CNBC's full interview with Saba Capital's Boaz Weinstein
  + stars: | 2024-05-14 | 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 EmailWatch CNBC's full interview with Saba Capital's Boaz WeinsteinBoaz Weinstein, founder and chief investment officer at Saba Capital Management, joins CNBC's 'Squawk Box' to discuss their firm's fight against BlackRock over closed-end funds, how he sees the resurgence of meme stocks craze and more.
Persons: Saba Capital's Boaz Weinstein Boaz Weinstein Organizations: Saba Capital Management, BlackRock
Saba Capital's Boaz Weinstein on BlackRock campaign
  + stars: | 2024-05-14 | 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 EmailSaba Capital's Boaz Weinstein on BlackRock campaignBoaz Weinstein, founder and chief investment officer at Saba Capital Management, joins CNBC's 'Squawk Box' to discuss their firm's fight against BlackRock over closed-end funds, how he sees the resurgence of meme stocks craze and more.
Persons: Saba Capital's Boaz Weinstein, Boaz Weinstein Organizations: BlackRock, Saba Capital Management
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