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☆ Morgan Stanley gave a $20 million bonus to its incoming CEO, and to the 2 rival execs who missed out on the top job
▼ + stars: | 2023-10-30 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Morgan Stanley is giving $20 million bonuses to its incoming CEO and the two other candidates. Morgan Stanley said the awards would ensure "that each executive continues their outstanding leadership in their new roles. AdvertisementAdvertisementMorgan Stanley is giving $20 million bonuses to its incoming CEO and the two other executives who missed out on the top role. Morgan Stanley said in a filing Friday that its board's compensation, management-development, and succession committee had approved one-time equity-based awards to Pick, Saperstein, and Simkowitz. AdvertisementAdvertisementIn 2022, Pick, Saperstein, and Simkowitz each had a base salary of $1 million.

Persons: Morgan Stanley, Ted Pick, Dan Simkowitz, Andy Saperstein, —, James Gorman, Pick, Gorman, Ted Organizations: Service, Street, Institutional Securities Group, Company

☆ SAG-AFTRA strike: Hollywood actors and major studios make progress in talks, signaling possible deal on horizon
▼ + stars: | 2023-10-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —It appears the actors’ strike is approaching its final scene. That progress has led to hopes that an agreement could be reached as early as this week or next week, the people said. One such issue, the use of artificial intelligence, has proved to be a sticking point between the writers and studios and required careful examination. SAG-AFTRA told its members early Monday that over the weekend it had “discussed all open proposals,” including A.I., with the studios. That would mean actors, crews, and much of the Hollywood industry would have to endure the holiday season out of work.

Persons: Duncan Crabtree, —, Bob Iger, Discovery’s David Zaslav, Ted Sarandos, Donna Langley —, AFTRA, Hollywood, “, ” Crabtree, Variety, we’re, ” Organizations: CNN, Hollywood, SAG, Warner Bros, NBC, Sherman

☆ The Devil’s Bargain Mike Pence Could Not Escape
▼ + stars: | 2023-10-29 | by ( Adam Nagourney | More About Adam Nagourney | ) www.nytimes.com time to read: +1 min

Mr. Pence was the governor of Indiana, an evangelical Christian — he titled his memoir “So Help Me God” — who grew up in the rolling farmland of Indiana. He had endorsed one of Mr. Trump’s primary opponents, Senator Ted Cruz of Texas. And he was, friends said, discomfited by the freewheeling ways of Mr. Trump, a Queens-born playboy entrepreneur and casino owner who had thrived in the Democratic world of New York. But Mr. Pence was facing a challenging re-election campaign against a Democrat he had only narrowly defeated in 2012. After a few days of consideration — and speaking to his wife, Karen, consulting political advisers and friends, and spending time in prayer, by his account — Mr. Pence accepted Mr. Trump’s offer.

Persons: Pence, Christian —, —, Trump’s, Ted Cruz, Trump, Hillary Clinton, Karen Organizations: Democratic, Democrat Locations: Indiana, Ted Cruz of Texas, Queens, New York, Las Vegas, Iowa

☆ David Beckham: Filmmaker Fisher Stevens explains how ‘Succession’ and Leonardo DiCaprio helped land him Netflix documentary series
▼ + stars: | 2023-10-29 | by ( Don Riddell | Glen Levy | ) edition.cnn.com time to read: +7 min

CNN —At first glance, the American actor and filmmaker Fisher Stevens wasn’t the obvious choice to helm the four-part Netflix documentary series about English soccer great David Beckham. “When they first called me, my response was …’why me for David Beckham?’” the 59-year-old said to CNN Sport’s Don Riddell. “I said, ‘Hey, I have a call with David Beckham, but I’m not sure,’” Fisher fondly recalled. I say what’s really strong, their relationship is really strong and if you can work with your wife and it works, God bless, man,” he said. But that’s why he’s also such a good guy, because he’s worried about you too.”A second series?

Persons: Fisher Stevens, David Beckham, Stevens, ’, CNN Sport’s Don Riddell, “, ”, Beckham, Alex Ferguson, Ballon d’Or, Lionel Messi, ” Adams, Taylor Swift, Travis Kelce, Becks ’, Jesse Armstrong, HBO’s, Tony Roche, Hugo, Oscar, Leonardo DiCaprio, DiCaprio, ‘, I’m, ’ ” Fisher, Logan Roy, ” Brand Beckham, David, he’s, “ Beckham, Ted, Ferguson, Scot, Megan Briggs, Victoria, ‘ David we’ll, ‘ David, that’s, Joseph West, ” Stevens Organizations: CNN, Netflix, Manchester United, Major League Soccer, Inter Miami, Argentina, Spice, HBO, Warner Bros, United, Real Madrid, Variety, Qatar, Jewish Locations: American, England, Spain, America, Italy, France, United States, “, Victoria

☆ Opinion: Why Matthew Perry was my favorite among ‘Friends’
▼ + stars: | 2023-10-29 | by ( Lee Smith | Dean Obeidallah | ) edition.cnn.com time to read: +10 min

ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant." Warner Brothers/Getty Images Perry and Cox pose for a photo during the 2001 "Friends" episode "The One With Monica And Chandler's Wedding."

Persons: Dean Obeidallah, Matthew Perry —, —, ”, Chandler, Dean Obeidallah CNN Chandler, I’m Chandler, “ I’m, Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston, Lisa Kudrow —, NBC’s, CBS ’ “ Young Sheldon, Matthew Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Lisa Kudrow, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, “, haven’t, Perry didn’t, Matty, ” Perry, Pete Davidson, Davidson, Chad Lowe, Sunshine ”, Neil Simon’s “ Organizations: CNN, “, Warner Bros . Television, Warner Bros ., Variety, CBS, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, Los Angeles Times Festival of, Los Angeles Times, CBC, People Locations: ”, Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada

☆ Movies starring Matthew Perry include ‘Fools Rush in’, ‘The Whole Nine Yards,’ and ‘Almost Heroes’
▼ + stars: | 2023-10-29 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Like many stars best known for a major hit, Matthew Perry’s association with “Friends” and the “Could he BE any funnier?” role of Chandler Bing loomed over the rest of his career. That included the movies that came his way during the series as well as various encores in TV after the Must-See TV sitcom signed off in 2004, among them “Mr. Matthew Perry and Salma Hayek in the 1997 romantic comedy "Fools Rush In." Columbia Pictures/Getty ImagesFools Rush In: All the “Friends” stars had movie opportunities, and relatively few of those measured up to the expectations raised by the show. If only the show had consistently remained as strong as its extremely good pilot.

Persons: Matthew Perry’s, ”, Chandler Bing, Perry, Ted Kennedy, Ron Clark, –, Bruce Willis, Oscar Madison, Diana Canova, Matthew Perry, Salma Hayek, Chris Farley, Neve Campbell, Dylan McDermott, Joe Quincy, Wing’s ”, Mike Kresteva, Wing’s ” Aaron Sorkin, Bradley Whitford Organizations: CNN, ”, Columbia, “, West, Republican, Wing’s ” Democratic Bartlet Administration Locations: “

Afterward his visit, Trump Jr. told reporters that the list of legal cases facing the former president will ultimately boosts his political cause. Trump has said he expects to win Iowa big as he defies the typical strategy of lowering expectations. Ron DeSantis, who is campaigning aggressively in Iowa, has criticized Trump for skipping the series of Republican presidential debates and campaigning only before large audiences. “In a time of war, and great heartache and trial, criticizing the leadership of our strongest Middle Eastern ally?” Brown said. “This guy was in the middle of watching moms and dads weeping over their little babies who had just been killed.”

Persons: Trump's, Son Donald Trump Jr, Texas Sen, Ted Cruz, Trump, Ron DeSantis, “ Donald Trump's, ” DeSantis, Benjamin Netanyahu, Joseph Brown, ” Brown, ” Organizations: Orpheum, GOP, West Des Moines, Trump Jr, Iowa, Florida Gov, CNN, Hamas Locations: Sioux City, Iowa, New Hampshire, Nevada, New York, West Des, Texas, Israel, Iranian, Washington , Iowa

☆ How Matthew Perry got cast on ‘Friends’
▼ + stars: | 2023-10-29 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +8 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant."

Persons: Matthew Perry, Perry, Chandler Bing, ”, Charlie Sheen, “, Sheen, —, ” Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, didn’t, Chandler, ‘ You’ve, Seth Meyers, ’, costars Jennifer Aniston, HBO Max, ” Cox Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, L.A, LAX, HBO Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada

☆ Morgan Stanley’s James Gorman Picked a Good Time to Leave
▼ + stars: | 2023-10-28 | by ( Telis Demos | ) www.wsj.com time to read: +1 min

James Gorman has spent nearly 14 years as Morgan Stanley CEO. Photo: Michael Bucher/The Wall Street JournalJames Gorman guided Morgan Stanley through years of superlow interest rates and booming stock markets. His successor, Ted Pick , might have to come up with some new ideas for a new era. Gorman, who will step down at the end of the year after almost 14 years as chief executive, bet big on wealth and asset management by absorbing all of Smith Barney and later buying E*Trade and Eaton Vance. And by valuation, Morgan Stanley has often been the leader of the pack, generally trading at a higher price-to-book ratio than even JPMorgan since the start of last year.

Persons: James Gorman, Morgan Stanley, Michael Bucher, Ted Pick, Gorman, Smith Barney, Eaton Vance, JPMorgan Chase Organizations: JPMorgan, JPMorgan Chase ’

☆ Morgan Stanley Awards Next CEO, Other Candidates Awards Valued at $20 Million
▼ + stars: | 2023-10-28 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

Morgan Stanley gave Ted Pick, Andy Saperstein and Dan Simkowitz awards valued at $20 million each. Photo: Jeenah Moon/Bloomberg NewsMorgan Stanley awarded stock-based awards to its next chief executive officer and other leaders who were in the running for the top job. The bank gave Ted Pick , who succeeds longtime CEO James Gorman , Andy Saperstein and Dan Simkowitz awards valued at $20 million each, according to a regulatory filing. Each award consists of 60% performance stock units, while the rest are restricted-stock units that vest and convert into shares in 2027.

Persons: Morgan Stanley, Ted Pick, Andy Saperstein, Dan Simkowitz, Bloomberg News Morgan Stanley, James Gorman Organizations: Bloomberg News

☆ Republicans are desperate for attention — and it's decimating their ability to govern
▼ + stars: | 2023-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +15 min

In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.

Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, —, Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 27 (Reuters) - Morgan Stanley (MS.N) gave its incoming CEO Ted Pick and the two other executives considered for the top job one-time bonuses of $20 million each, the bank said in a filing on Friday. The three-decade Morgan Stanley veteran started his career at the bank and came up the ranks to run trading, equity capital markets and fixed income. It is unusual for Wall Street CEO candidates to stay on if they are not selected, and the bonuses offered at Morgan Stanley break from that tradition. Since becoming CEO in 2010, Gorman has transformed Morgan Stanley, creating a wealth management behemoth and making transformative acquisitions of broker E*Trade and asset manager Eaton Vance.

Persons: Morgan Stanley, Brendan McDermid, MS.N, Ted Pick, Pick, Andy Saperstein, Dan Simkowitz, James Gorman, Jan, Morgan, Gorman, Wells, Mike Mayo, Brian Moynihan, Jamie Dimon, Eaton Vance, Tatiana Bautzer, Lananh Nguyen, Manya, Anil D'Silva, Richard Chang Organizations: New York Stock Exchange, REUTERS, Wall Street, Reuters, Bank of America, JPMorgan Chase, Trade, Manya Saini, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Trump mines data trove in Iowa to avoid mistakes of 2016 loss
▼ + stars: | 2023-10-27 | by ( Nathan Layne | ) www.reuters.com time to read: +7 min

[1/5] Volunteers gather at the Donald Trump 2024 campaign headquarters in Iowa ahead of a door-knocking event in Urbandale, Iowa, U.S., October 14, 2023. Reuters interviews with nearly 40 party leaders, Trump staff and campaign volunteers in Iowa show how the former president has learned from his past mistakes. In 2016, Trump, thinking he had little chance of winning Iowa, kept his operation in the state threadbare. "I don't think people realize in 2016 how shoestring that was," said Jeff Kaufmann, chairman of the Iowa Republican Party, referring to the Trump campaign. In 2016 Trump didn't have the staffing or digital infrastructure to follow up on such leads, meaning many Trump supporters like Jones and her husband stayed home on caucus night.

Persons: Donald Trump, Nathan Layne, Trump, Ted Cruz, Jeff Kaufmann, Rachel Paine Caufield, Trump's, Ron Desantis, Alex Latcham, we've, Ann Jones, Jones, Marshall Moreau, Cris Christenson, DeSantis, he's, Jonah Jones, Adel, Ross Colvin, Daniel Wallis Organizations: Volunteers, REUTERS, DES, Trump, Iowa Republican Party, Sunday Trump, Drake University, Reuters, DeSantis, Hawkeye State, Ipsos, Iowa, Christian, Republican, Thomson Locations: Iowa, Urbandale , Iowa, U.S, , Iowa, Sioux City, Florida, Cruz, Adel, Des Moines, Clive , Iowa, Adel , Iowa

☆ It's not just you. It seems like practically every streaming service got more expensive in the last year.
▼ + stars: | 2023-10-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple is raising the price of a subscription to its streaming platform Apple TV+. Apple is raising the price of a monthly subscription to its streaming platform Apple TV+, the home of "Ted Lasso" and "The Morning Show. It's not the only streaming platform that's upping its subscription price. Hulu's ad-free tier went from $14.99 per month to $17.99, and a monthly subscription to Disney+'s ad-free tier increased from $10.99 to $13.99. Before HBO Max and Discovery+ merged to become Max in May, HBO Max raised its ad-free subscription price one dollar to $15.99.

Persons: —, Ted Lasso, Apple, Mac, It's, Bob Iger, Iger, Matt Turner, Gunnar Wiedenfels, Max, HBO Max Organizations: Apple, Netflix, Service, Disney, Hulu, Street Journal, Warner Bros, Discovery, HBO Max, HBO

Circuit Court of Appeals found that immigration advocates lacked the legal authority to sue Abbott over the transportation prohibition. Abbott, a Republican, has criticized Democrat Biden for failing to adequately secure the border and stepped up the state's response to record migrant arrivals in recent years. The 5th Circuit found that Abbott's authority as governor barred the immigration advocates from challenging the executive order. A U.S. district court judge in September ordered Texas to move the barriers, but the 5th Circuit stayed that ruling pending an appeal by Texas. Reporting by Ted Hesson in Washington and Dan Wiessner in Albany, New York; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Greg Abbott, Abbott, Joe Biden's, Biden, Ted Hesson, Dan Wiessner, David Gregorio Our Organizations: Customs, Protection, U.S, Texas, Circuit, Appeals, Republican, Thomson Locations: Central America, Anzalduas, Rio Grande, United States, Mexico, Granjeno , Texas, U.S, WASHINGTON, New Orleans, Rio, Texas, Washington, Albany , New York

☆ Spirit Airlines suspends training for new pilots after difficult quarter, Pratt engine issue
▼ + stars: | 2023-10-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

"With these recent developments, however, we will also be suspending all new-hire training efforts starting in November, until further notice." The carrier said it expects 13 grounded planes in January, rising to 41 in December of next year. The airline had a fleet of 202 Airbus planes as of Sept. 30, according to a filing. The budget airline Spirit on Thursday posted a net loss of $157.6 million, which was more than four times its loss a year ago. "And, unfortunately, we have not seen the anticipated return to a normal demand and pricing environment for the peak holiday periods."

Persons: Greg Christopher, Christopher, RTX, Ted Christie Organizations: Airbus, CNBC, Pratt, Whitney Locations: Miramar , Florida

☆ Apple TV+ is raising prices and expanding its content ambitions — here are the shows and movies it wants now, per leaked Hollywood agency documents
▼ + stars: | 2023-10-27 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Apple TV+ is a small but influential player in the streaming wars. And Apple has signaled it wants to grow its streaming content slate at a time when other media companies are contracting. Apple is "always looking" for films that "highlight humanity," according to one of the agency documents. As a side hustle of a massive retail business, Apple TV+ can fly under the radar, insulated from economic pressures that have roiled the entertainment business. (Apple TV+ was the first streamer to win the best picture Oscar, in 2022, for "CODA," which it acquired at the Sundance Film Festival).

Persons: Martin Scorcese's, Reese Witherspoon, Apple, execs, Apple hasn't, Jason Sudeikis, Ted Lasso, Rose Byrne, Seth Rogen, Jon Stewart's, Isaac Asimov's, John Krasinski, Stephen Curry, Ridley Scott's, Napoleon, They're Organizations: Apple, Netflix, Disney, New York Times, Major League Soccer, Major League Baseball, New England Patriots, Sundance Locations: China

☆ US Appeals Court Tosses Lawsuit Over Texas Migrant Transportation Bar
▼ + stars: | 2023-10-27 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

By Ted Hesson and Daniel WiessnerWASHINGTON (Reuters) -A U.S. federal appeals on Friday sided with Texas Governor Greg Abbott on technical grounds over a 2021 executive order that restricted transport of migrants through the state, saying a lower court should dismiss a related legal challenge. Circuit Court of Appeals found that immigration advocates lacked the legal authority to sue Abbott over the transportation prohibition. The 5th Circuit found that Abbott's authority as governor barred the immigration advocates from challenging the executive order. A U.S. district court judge in September ordered Texas to move the barriers, but the 5th Circuit stayed that ruling pending an appeal by Texas. (Reporting by Ted Hesson in Washington and Dan Wiessner in Albany, New York; Editing by David Gregorio)

Persons: Ted Hesson, Daniel Wiessner WASHINGTON, Greg Abbott, Abbott, Joe Biden's, Biden, Dan Wiessner, David Gregorio Organizations: U.S, Texas, Circuit, Appeals, Republican Locations: New Orleans, Rio, U.S, Texas, Washington, Albany , New York

CONCORD, N.H. (AP) — For months, Dean Phillips has been calling for a Democratic primary challenge to President Joe Biden. Asked by CBS News in an interview posted late Thursday if he was running for president, Phillips responded: “I am. I have to.”“I think President Biden has done a spectacular job for our country,” he said. New Hampshire has refused to comply, citing state laws saying its primary must go first, and plans a primary before South Carolina’s. “To do well in the New Hampshire primary, you have to have a message.”There are no primary debates scheduled, according to the DNC.

Persons: Dean Phillips, Joe Biden, He's, Phillips, ”, Biden, Ray Buckley, “, Karine Jean, Pierre, ” Buckley, won’t, Donald Trump, “ we're, Democratic Sen, Eugene McCarthy, Lyndon Johnson, Massachusetts Sen, Ted Kennedy's, Jimmy Carter, Pat Buchanan's, George H.W, Bush, Carter, Steve Shurtleff, I’m, ” Shurtleff, “ It’s, Joe, Terry Shumaker, Shumaker, Marianne Williamson, Robert Kennedy Jr, Talenti, Pauline Phillips, Abby, Erik Paulsen, ” Phillips, ” It's, Nancy Pelosi, Pelosi, he's, Trump, Leslie Blanding, Blanding, ” ___ Weissert, Steve Peoples, Steve Karnowski Organizations: CONCORD, Democratic, New Hampshire statehouse, CBS News, New Hampshire Democrats, Democratic National Committee, White, Biden, Trump, CBS, Biden's, DNC, New Hampshire House, AP, Associated Press Locations: N.H, Minnesota, Concord, New Hampshire, ”, Hampshire, Vietnam, forgoing, Massachusetts, Carolina, Nevada, South Carolina’s, Minneapolis, U.S, Bow , New Hampshire, Washington, New York

Peter Orszag, CEO of Financial Advisory, Lazard, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. Dealogic data showed that globally, investment banking revenue tumbled 16% in the third quarter from a year earlier. Those takeovers, alongside a nascent revival in initial public offerings (IPOs), should bolster investment banking revenues next year. Global investment banking revenue stood at $50 billion in the first three quarters of this year, 20% below the same period in 2022, according to Dealogic. Investment banking revenue will probably rise 5% to 10% next year for the largest banks, according to Mike Mayo, an analyst at Wells Fargo.

Persons: Peter Orszag, Lazard, Mike Blake, dealmaking, Orszag, Morgan Stanley's, Ted Pick, Morgan Stanley, Dealogic, Mike Mayo, Jane Fraser, Fraser, Jana Partners, Brian Moynihan, Goldman Sachs, David Solomon, Tatiana Bautzer, Lananh Nguyen, Svea Herbst, Bayliss, Megan Davies, David Gregorio Our Organizations: Financial Advisory, Milken, Global Conference, REUTERS, Wall, Exxon Mobil, Chevron CVX.N, Reuters, CNBC, Global, Investment, Wells, Citigroup, Exxon, Natural Resources, Barclays, News Corp, Frontier Communications, Bank of, Svea, Thomson Locations: Beverly Hills , California, U.S, dealmaking, Ukraine, East, Wells Fargo

☆ Ted Pick Is a Math Whiz Among Math Whizzes. He’s the New Morgan Stanley CEO
▼ + stars: | 2023-10-26 | by ( Annamaria Andriotis | ) www.wsj.com time to read: 1 min

A group of Morgan Stanley executives attending a post-workday dinner in London were ready to call it a night. Ted Pick wanted to play a game. The veteran banker, who had organized the outing, challenged his colleagues to beat him at math equations. They began throwing out six-figure numbers to be multiplied by other large numbers. He even beat one executive who was using a calculator.

Persons: Morgan Stanley, Ted Pick, Pick Locations: London

☆ Ted Pick Is a Math Whiz Among Math Whizzes. He’s the New Morgan Stanley CEO.
▼ + stars: | 2023-10-26 | by ( Annamaria Andriotis | ) www.wsj.com time to read: 1 min

Persons: Morgan Stanley, Ted Pick, Pick Locations: London

☆ Blackstone Investment Strategist Byron Wien Dies at 90
▼ + stars: | 2023-10-26 | by ( Laura Cooper | Ted Bunker | ) www.wsj.com time to read: 1 min

Byron Wien had joined Blackstone’s quarterly partners meeting last week. Photo: Christopher Goodney/Bloomberg NewsByron Wien, the longtime Blackstone executive known for his market prognostications and intense networking, died at 90 on Wednesday. Wien, who developed a wide following with his annual “Ten Surprises” list, was vice chairman of the private wealth group at Blackstone, which he joined 14 years ago. For decades, his lists detailed economic, political and financial market surprises he expected to see in the year ahead. He produced the 38th edition last January.

Persons: Byron Wien, Christopher Goodney Organizations: Bloomberg, Blackstone

☆ Watch CNBC's full interview with Morgan Stanley's Ted Pick and James Gorman
▼ + stars: | 2023-10-26 | 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 Morgan Stanley's Ted Pick and James GormanCNBC's Leslie Picker sits down with Morgan Stanley's Ted Pick and James Gorman to talk about the leadership change in the company. Pick will succeed Gorman as CEO on January 1.

Persons: Morgan Stanley's Ted Pick, James Gorman CNBC's Leslie Picker, James Gorman, Pick, Gorman

☆ Five facts about Morgan Stanley's new CEO Ted Pick
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsCompanies Morgan Stanley FollowNEW YORK, Oct 25 (Reuters) - Morgan Stanley (MS.N) chose Ted Pick to succeed its longtime leader James Gorman as CEO, effective Jan. 1. Here are five key facts about Pick, who was seen as the front runner before the announcement on Wednesday:1) Pick has been co-president of Morgan Stanley for the past two years. As head of the institutional securities group, he oversaw investment banking, equities, fixed income, capital markets and research. 4) After joining Morgan Stanley in 1990, Pick was promoted to managing director in 2002 and joined the management committee in 2008.

Persons: Morgan Stanley, Brendan McDermid, MS.N, Ted Pick, James Gorman, Pick, Nupur Anand, Lananh Nguyen, Sonali Paul Organizations: New York City , New York U.S, REUTERS, Phi Beta Kappa, Middlebury College, Harvard Business School, Metropolitan Museum of Art, Thomson Locations: New York City , New York, New York

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