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Rachel Askinasi; Alyssa Powell/BIA worthy power lunchKeens Steakhouse, a New York City institution, has been luring power lunchers for years. iStock; Rebecca Zisser/BIDeals we loveQuality seafood straight to your door: After testing dozens of options, we found the 13 best seafood delivery services for sustainable, fresh, and tasty fish. After testing dozens of options, we found the 13 best seafood delivery services for sustainable, fresh, and tasty fish. Dodge the power outages: With extreme weather conditions knocking out power nationwide, a portable generator is a must. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.
Persons: , Taylor Bannks, Bernat, Pont Alexandre III, Samantha Grindell, Estée Lauder, Sunny Choi, Choi, Mykenna Maniece, Cristo Rei, Getty, Jose M, Tyler Le, Rachel Askinasi, Alyssa Powell, Gareth Cattermole, Anna Blazhuk, Lew Robertson, Ryan Reynolds, Reynolds, Hugh Jackman, Don Saladino, Saladino, Giulia Parmigiani, Natalie Ammari, Lou Pearlman, Knox, Michael Keaton, Rebecca Zisser, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Yorker, Business, Marathon, Olympics, Timor Leste Getty, Creativ, Heinemann, Netflix, Backstreet Boys, Backstreet Locations: Paris, City, Versailles, Cristo Rei Dili, Timor Leste, Kenya, Taiwan, Wales, New York City, Italy, New York
Read previewDivers in the Baltic Sea came across an unusual find this month as they explored a shipwreck just off the coast of Sweden. "We encountered a 19th-century sailing ship in very good condition, loaded to the sides with champagne, wine, mineral water, and porcelain," the Polish diving team Baltictech said. The sparkling wine bottles numbered more than 100, they added. This story is available exclusively to Business Insider subscribers. A spokesperson told Business Insider they are "almost sure" the wine is Louis Roederer Champagne, and said they have contacted the company to try to confirm.
Persons: , Baltictech, Tomasz Stachura, Marek Cacaj, Louis Roederer Champagne, they've, Mark Robertson, Robertson, Stachura, that's Organizations: Service, Business, New York Times, Times, Buyers Locations: Baltic, Sweden, Russian, Champagne
On Today’s Episode:Harris Clinches Majority of Delegates as She Closes In on Nomination, by Shane Goldmacher and Reid J. EpsteinTrump’s New Rival May Bring Out His Harshest Instincts, by Maggie Haberman and Jonathan SwanSeeking Answers, Lawmakers From Both Parties Ask Secret Service Chief to Quit, by Luke Broadwater, David A. Fahrenthold, Hamed Aleaziz and Campbell RobertsonFrustrated Californians May Be Ready for a Tougher Approach to Crime, by Tim Arango
Persons: Harris, Shane Goldmacher, Reid J, Epstein Trump’s, Maggie Haberman, Jonathan Swan, Luke Broadwater, David A, Fahrenthold, Hamed Aleaziz, Campbell Robertson, Tim Arango
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
The Secret Service director, Kimberly A. Cheatle, faced bipartisan calls for her resignation on Monday, after a disastrous hourslong congressional hearing in which she declined to answer basic questions about the attempted assassination of former President Donald J. Trump. Nor would she tell members of the House Oversight Committee why Secret Service agents were not aware until the last seconds that people in the crowd had seen a gunman on that roof. At times, Ms. Cheatle seemed less informed than the lawmakers quizzing her. When Representative Marjorie Taylor Greene, a Republican from Georgia, asked for a detailed timeline of events, Ms. Cheatle said she did not have one. By the hearing’s end, many of the committee’s Democrats — usually defensive of their party’s appointees — had also swung sharply against Ms. Cheatle.
Persons: Kimberly A, Donald J, Trump, Cheatle, Marjorie Taylor Greene, , Democrats —, Organizations: Service, Secret, Republican, Democrats Locations: Butler, Pa, Georgia
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
A key question after an assassination attempt on former President Donald J. Trump a week ago is why the Secret Service excluded from its secured zone a nearby warehouse the gunman used for his assault. But another possible flaw in the Secret Service’s plans for the campaign rally at the farm show grounds in Butler, Pa., is emerging. The protection agency expected the sizable contingent of officers from local law enforcement agencies to contain any threats outside of the secured zone but assigned almost all those officers to work inside it, according to numerous interviews with local law enforcement and municipal officials. More specifically, the local law enforcement officials say that none of them were assigned to safeguard the complex of warehouses just north of the farm show grounds. The gunman was able to use the roof of the warehouse closest to the stage — about 450 feet from the podium — from which to shoot.
Persons: Donald J, Trump Organizations: Service, Pennsylvania State Police, Police Department, Butler County Sheriff, Pittsburgh, of Police Locations: Butler, Pa, Butler County
Former President Donald J. Trump began his prime-time speech at the Republican National Convention on Thursday with a message of unity, presenting a softer image of himself that appeared aimed at courting undecided voters. But then he went on for an hour and a half, a long verbal walk through the kinds of exaggerations about his record and attacks on Democrats that have become familiar to voters from Mr. Trump’s previous two campaigns and presidency. For a group of undecided voters from around the country, who are sharing their thoughts on key moments in the race with The New York Times, the effect was not strong. Some found the speech off-putting. “I still don’t know what I’m going to do,” said Sharon Reed, 77, a retired teacher-turned-farmer in rural Pennsylvania who previously voted for Mr. Trump but is torn this year.
Persons: Donald J, Trump, Trump’s, , , Sharon Reed Organizations: Republican National Convention, New York Times, Mr Locations: Pennsylvania
On Today’s Episode:Biden Called ‘More Receptive’ to Hearing Pleas to Step Aside, by Carl Hulse, Michael S. Schmidt, Reid J. Epstein, Peter Baker and Luke BroadwaterBiden Tests Positive for Covid, by Michael D. ShearJ.D. Vance Plants His Appalachian Roots in the 2024 Race, by Michael C. BenderAt R.N.C., Senators Berate Secret Service Director Over Assassination Attempt, by Jonathan SwanGunman’s Phone Had Details About Both Trump and Biden, F.B.I. Officials Say, by Glenn Thrush, Jack Healy and Luke BroadwaterA Blind Spot and a Lost Trail: How the Gunman Got So Close to Trump, by David A. Fahrenthold, Glenn Thrush, Campbell Robertson, Adam Goldman and Aric TolerAn Algorithm Told Police She Was Safe. Then Her Husband Killed Her, by Adam Satariano and Roser Toll Pifarré
Persons: Biden, , Carl Hulse, Michael S, Schmidt, Reid J, Epstein, Peter Baker, Luke Broadwater, Michael D, Michael C, Bender, Jonathan Swan, Glenn Thrush, Jack Healy, David A, Campbell Robertson, Adam Goldman, Aric, Adam Satariano Organizations: Vance, Trump, Biden, F.B.I
"We cannot let the challenges of the recent past define our relationships of the future," Starmer said in a Wednesday statement from Downing Street. It comes as the specter of a second presidency from Republican candidate Donald Trump looms heavy over Europe after an assassination attempt over the weekend buoyed support for the former president. Both Trump and his newly announced running mate JD Vance have indicated that continued support for Europe — and in particular Ukraine — are not guaranteed under a second Trump administration. The Republican presidential nominee has repeatedly lambasted the continent's lack of defense spending, and has threatened to pull out of NATO, while Vance has shown ambivalence over U.S. intervention in foreign affairs. In anticipation, European NATO members have been upping their defense spending, including a new commitment from Starmer to spend 2.5% of U.K. gross domestic product (GDP) on defense.
Persons: Keir Starmer, John Healey, George Robertson, Winston Churchill's, Starmer, Donald Trump, Trump, JD Vance, Vance Organizations: British, Defence, Downing, Labour, European Political, Republican, Europe —, NATO Locations: London, England, OXFORD, Europe, Winston, Blenheim, Oxfordshire, Ukraine
"We're confronted by a deadly quartet of nations increasingly working together," he said, in comments reported by Sky News. The coalition described Moscow as having "shattered" peace and stability in the West and having "gravely undermined global security." Russia and North Korea deny arms transfers have taken place. Ian Bremmer, founder and president of Eurasia Group, said the latest NATO summit showed that the West and its opponents appeared to be positioning themselves in a "new Cold War posture." Russia, North Korea and Iran are already under substantial international sanctions, and those restrictions on trade and key sectors have arguably pushed them closer together.
Persons: George Robertson, We're, , Robertson, Russia's, Xi Jinping, Vladimir Putin, Pedro Pardo, Lin Jian, Ian Bremmer, Ed Arnold Organizations: State, Government, NATO, Government Summit, Washington DC, Anadolu, Getty, Sky News, Forum, International Cooperation, of, People, Afp, Ukraine, European Union, Eurasia Group, Alliance, European Security, International Security, Royal United Services Institute Locations: Washington, United States, Russia, China, North Korea, Iran, Beijing, Ukraine, Moscow, PRC, People's Republic of China, Europe
About an hour before a gunman let loose a volley of bullets that nearly assassinated a former president, the law enforcement contingent in Butler, Pa., was on the verge of a great policing success. Among the thousands of people streaming in to cheer former President Donald J. Trump at a campaign rally on Saturday, local officers spotted one skinny young man acting oddly and notified other law enforcement. The suspicious man did not appear to have a weapon. Remarkably, law enforcement had found the right man — Thomas Matthew Crooks, a would-be assassin, though officers did not know that at the time. Twenty minutes before violence erupted, a sniper, from a distance, spotted Mr. Crooks again and took his picture.
Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks Locations: Butler, Pa
But the Secret Service, the agency charged with protecting Mr. Trump, did not stop him from taking the stage. Image Secret Service snipers surveilling the surrounding area before Mr. Trump began to speak. But that created a blind spot, outside the security perimeter but well within rifle range of Mr. Trump. was able to finally access Mr. Crooks’s cellphones and other electronic devices, agents could see that he had searched for images of Mr. Trump as well as President Biden, Attorney General Merrick B. Garland and even F.B.I. Mr. Crooks also had at typed in “major depressive disorder” and searched for dates and places for appearances for both Mr. Biden and Mr. Trump.
Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks, Eric Lee, Marsha Blackburn, Biden, Alejandro N, Mayorkas, Kimberly A, Cheatle, Butler, Kristian Thacker, , Richard Goldinger, General Merrick B, Garland, Christopher A, Wray, Trump’s, Crooks’s, Pittsburgh’s WTAE, Doug Mills, Mr, , Edward Natali, Crooks “, Natali, , bloodying, Corey Comperatore, Eduardo Medina, Jeanna Smialek, Chelsia Rose Marcius, Mark Walker, John Ismay, William K Organizations: Service, Republican, Secret, New York Times, Secret Service, Biden Sunday . Homeland, ABC News, The New York Times, The Times, AGR International, Mr, Police Department Locations: Butler, Pa, Tennessee, ” Butler County, Bethel Park, Butler County, Washington, New York
On Today’s Episode:Biden Asks America to ‘Lower the Temperature’ After Trump Shooting, by Michael D. ShearHere’s What Is Known About the Suspect Who Tried to Assassinate Trump, by Campbell Robertson, Jack Healy, Nicholas Bogel-Burroughs and Glenn ThrushAfter Shooting at Trump Rally, Officials Say R.N.C. Security Is ‘Ready To Go,’ by Julie Bosman, Ernesto Londoño and Dan SimmonsIsrael Struck Twice in Its Attack on Al-Mawasi, Videos and Photos Show, by Riley MellenPromised Cures, Tainted Cells: How Cord Blood Banks Mislead Parents, by Sarah Kliff and Azeen Ghorayshi
Persons: Biden, Michael D, Trump, Campbell Robertson, Jack Healy, Nicholas Bogel, Burroughs, Glenn Thrush, Julie Bosman, Ernesto Londoño, Dan Simmons Israel, Riley Mellen, Blood Banks, Sarah Kliff Organizations: Trump, Trump Rally Locations:
The building from which a gunman fired at former President Trump on Saturday was — at least in hindsight — an obvious security risk. Its rooftop offered an ideal sniper’s perch, with a close, elevated and unobstructed view of Mr. Trump. But when the Secret Service drew up plans for Saturday’s rally, it left that building outside its security perimeter. Instead, local law enforcement officials were given responsibility for that building, and no police officers were stationed on the roof itself. The building, used as a warehouse by equipment manufacturer AGR International, has become a focal point of myriad investigations into the shooting that nearly felled a former American president, one that Homeland Security Secretary Alejandro N. Mayorkas on Monday called a security failure.
Persons: Trump, Alejandro N, Mayorkas Organizations: Service, AGR, Homeland Locations: American
So whether you have confidence or succeed, even at a small task, it leads to success and then even more confidence. “The greatest source of success is success,” Robertson said. If confidence is on one end of the spectrum, anxiety is at the other, Robertson said. “Confidence is linked to the action systems of the brain,” Robertson said. People with a “growth” mindset believe that with effort you can learn abilities and cultivate talents; conversely, those with a “fixed” mindset believe talents and abilities are innate — you either have them or you don’t.
Persons: Sanjay Gupta, Ian Robertson, Robertson, Boone Pickens, , , ” Robertson, Rumi, Roberston, , you’re, ’ ”, ’ ” Robertson Organizations: CNN, Brain Health, Trinity College Dublin, Center, BrainHealth, University of Texas, Research Locations: Ireland, Dallas
But the heat had hardly tempered the enthusiasm of tens of thousands of people on the Butler Farm Show grounds who were waiting for Donald J. Trump. When he finally showed up, the crowd, saturated in Trump gear, shouted in collective excitement when he hit his usual marks. Mr. Trump grabbed at his ear. Around the grandstand where Mr. Trump had been speaking, beneath an enormous American flag suspended between two cranes, the spectators crouched. Secret Service officers swarmed over Mr. Trump.
Persons: Donald J, Trump, Biden, jeered, Organizations: Secret Service, Mr Locations: Pennsylvania, Trump
All in all, Group Black said it planned to deploy $500 million in Black-owned media by the end of 2022. Some brands have provided updates on their commitments since, but gains by Black-owned media companies have been uneven overall. Group Black's idea was to help steer ad dollars to its member companies and use some of the ad dollars to buy stakes in media companies. It listed among its founding member companies Essence, which is part of Dennis' company, Sundial Media; podcast company Pod Digital Media; and lifestyle media company She Media. Various outlets also reported that Group Black sought to acquire stakes in media companies including Sports Illustrated publisher Arena Group and Vox Media.
Persons: , Travis Montaque, Montaque, Montaque hasn't, Kerel Cooper, Dan Bisgeier, Delida Costin, Mike Owen, Ryan Robertson, Marchelle Wright, Ashley Banks, Cooper, Holler, Richelieu Dennis, Bonin, Black, George Floyd, Breonna Taylor, Ursula Burns, Fortune, Seth Kaufman, Moët Hennessy, Dennis Organizations: Service, Business, Black, Xerox, Moët Hennessy North America ., Media, Pod Digital Media, Sports, Arena, Vox Media Locations: Black
Terence Samuel, the editor in chief of USA Today, is leaving the role after a year, the newsroom was told on Monday. Mr. Samuel, a veteran journalist, joined USA Today in July 2023 from National Public Radio, where he was a top executive in charge of all news gathering across the broadcaster. Neither Mr. Samuel nor the publication gave a reason for his departure. In an email to the newsroom viewed by The New York Times, Monica Richardson, senior vice president of USA Today, said that Mr. Samuel would leave his job “effective today.” Caren Bohan, the executive editor of politics, will serve as interim editor in chief while the publication conducts “a national search for our newsroom leader,” Ms. Richardson wrote in the email. Mr. Samuel said in an interview on Monday that his departure was “sudden” but that he could not talk about why he was leaving the newspaper.
Persons: Terence Samuel, Mr, Samuel, Monica Richardson, Caren Bohan, ” Ms, Richardson Organizations: USA, USA Today, National Public, The New York Times
President Joe Biden’s dismal showing at the CNN presidential debate against former President Donald Trump resonated around the world, with foreign diplomats expressing shock and concern. “Hard to watch” is how multiple foreign diplomats described Thursday night’s debate between Biden and Trump. Trump even suggested he had spoken to Russian President Vladimir Putin about his “dream” of invading Ukraine. He also attacked Biden over the Afghanistan withdrawal and argued it was the reason Putin invaded Ukraine in 2022. Read more on how the world is reacting to the CNN debate.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, , “ Trump, , Vladimir Putin, Putin, Read Organizations: CNN, Biden, NATO Locations: Europe, East, Asia, European, Arab, Asian, Russia, Ukraine, Russian, Afghanistan
They started the night hoping that President Biden would use the first debate of 2024 to his advantage, that he would finally quash fears about his age and give the impression of a determined statesman compared with former President Donald J. Trump. But for the roughly 40 Democrats who gathered Thursday night at a union hall in Sacramento, it did not take long for the mood to descend into something between grim despair and mild panic. Within minutes, even ardent supporters in the capital of California fell silent, exchanging glances and acknowledging quietly that Mr. Biden, his virtues aside, seemed less forceful than Mr. Trump, and weary. Toward the end, some of the younger attendees left before the debate was over. “Neither of them inspires confidence,” said Dubrea Sanders, 25.
Persons: Biden, Donald J, Trump, , Dubrea Sanders, “ It’s, Mr Organizations: Trump, Young Democrats Locations: Sacramento, California, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCan the Democrats replace President Joe Biden at the top of the ticket? In 1968, when President Lyndon B. Johnson dropped out of the race, his vice president, Hubert Humphrey, entered the Democratic primary, but he was too late to get on some states' ballots. Delegates eventually voted to name Humphrey the nominee, but he ultimately lost the election to former Vice President Richard Nixon. AdvertisementTypically, the vice president is the go-to individual, but Gift said Vice President Kamala Harris's approval ratings are too low for her to be a serious contender.
Persons: , Joe Biden, Lyndon B, Johnson, Hubert Humphrey, Humphrey, Robert F, Kennedy, Eugene McCarthy, Martin Luther King Jr, John F, Richard Nixon, Biden, Mitch Robertson, Robertson, Thomas Gift, Kamala Harris's, Mark Shanahan, Gavin Newsom, Gretchen Whitmer, Transportation Pete Buttigieg, Shanahan, Harris, Kamala Harris, Iwan Morgan, Morgan, John Owens, it's, Owens Organizations: Service, Democratic, Business, Convention, Delegates, University College London, Democrats, UCL's Center, University of Surrey, Transportation, Trump, UCL's Institute of, Labor, American University's Center, Congressional, Presidential Studies Locations: Chicago, Vietnam, Los Angeles, Americas
“Hard to watch” is how multiple foreign diplomats described Thursday night’s debate between Biden and Trump to CNN. I had difficulties understanding what he was saying, and I understand English pretty well,” said a second European diplomat. Biden’s debate flop was front-page news across Europe, with left- and right-leaning newspapers excoriating the president – even in France, where the country has its own elections coming up this weekend. “There are many options that are discussed, but we don’t see, any that are self-evident,” the first European diplomat said. Moscow’s state TV station, Russia 1, lampooned Biden’s debate performance.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, , “ Trump, , , Vladimir Putin, Putin, ” Trump, Radek Sikorski, “ Marcus Aurelius, Commudos, didn’t, Kamala, Harris, Trump’s, Volodymyr, Zelensky, Biden pilloried, Joe’Matosed ”, “ Biden, Biden’s, Emmanuel Macron’s, Ansa, Russia’s, Olga Skabeeva laughingly Organizations: CNN, Biden, NATO, Democratic Party, , , strongmen, Arab, Financial Times, Sun, Guardian, Monde, TV Locations: Europe, East, Asia, European, Arab, Asian, France, Russia, Ukraine, Russian, Afghanistan, Polish, California, Israel, British, Atlanta, Greece’s, Italy, Puglia
Sewell Chan, the editor in chief of The Texas Tribune, will become the next executive editor of the Columbia Journalism Review. Mr. Chan, 46, has helmed The Tribune, a pioneering nonprofit newsroom, since October 2021. He will join CJR on Sept. 16, the publication announced on Thursday. CJR, which covers the media industry, has been published by the Columbia University Graduate School of Journalism since 1961. “It’s always been an intellectual leader in our field, especially on news ethics and decision-making,” Mr. Chan told The New York Times.
Persons: Sewell Chan, Chan, “ It’s, ” Mr, Organizations: The Texas Tribune, Columbia, Tribune, Columbia University Graduate School of Journalism, New York Times
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