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It turns out that I undersold Greenberg; he was one of the greatest hitters of all time and gives Sandy Koufax a run at being the greatest Jewish baseball player of all time. By that time, at age 35, he was well past most baseball players’ prime. The fact that Greenberg was a hero to young Jewish baseball fans (like my father), a great American and incredible human being is not under dispute. Greenberg remains one of only 10 baseball players to ever hit 58 home runs in a single season. Greenberg ranks 62nd among every position player on this metric since major league baseball began way back in the 1870s, according to Baseball-Reference (and different outlets compute WAR7 slightly differently).
Persons: Noam, “ Hank Greenberg, ” Noam, undersold Greenberg, Sandy Koufax, Greenberg, Hitler, Koufax, , ’ ” Greenberg, Hank Greenberg, AP Greenberg, Jackie Robinson, Heck, Greenberg didn’t, Aaron Robinson, It’s, , Koufax’s Organizations: CNN —, Yom Kippur, Detroit Tigers, Detroit Free, Rosh, Tigers, US Army, Japan, , Army, AP, Baseball Locations: Egypt, America, Europe, Yom, Yom Kippur, Pearl
Jefferies hosted a conference to bring together late-stage tech founders, investors and bankers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAs bankers and venture capitalists nibbled on caviar sushi and sipped champagne and sake this week at Nobu Malibu, there was a gleeful mood at the beachside closing dinner of the Jefferies Private Internet Conference. After a Covid pause, Jefferies resumed this conference in 2022 to bring together late-stage tech founders, investors, and bankers. Related story"Beyond typical deal considerations, AI has emerged as the single biggest new influence today in tech M&A," according to Greenberg.
Persons: Jefferies, , Cameron Jefferies, Jason Greenberg, Greenberg, Goldman Sachs, David Solomon, Reddit, Marc Andreessen, Rich Handler, Andreessen Horowitz, Neerav, Goldman, JP Morgan Chase, we've, Lester Organizations: Service, Jefferies Private Internet Conference, Technology, Media, Telecom Investment Banking, Jefferies, Global Technology, Informatica, Epic, Venture, Jefferies Private Locations: Neerav Kingsland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump fans aren't translating to customers for Truth Social, says Herb Greenberg on DJT stockHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Herb Greenberg, Brian Sullivan, Organizations: Trump, Truth, CNBC
The ongoing challenges for department stores, which extend back more than a decade, keep playing into the hands of off-price competitors, UBS said. Despite woes at other retailers, TJX stands out as a resilient company well-equipped to avoid many of the industry's challenges. TJX 1Y mountain TJX's stock performance over the past 12 months. One factor keeping a lid on TJX's stock recently may be that it is trading close to its historical valuation, noted Chuck Grom, a consumer and retail analyst at Gordon Haskett. On the other hand, spending at department stores fell 3.7% in March after a 5.2% decline in February, according to Bank of America.
Persons: Jeff Marks, TJX, — TJX, Ernie Herrman, Chuck Grom, Gordon Haskett, Grom, TJX's, Corey Tarlowe, Tarlowe, Jim Cramer's, Jim Cramer, Jim, Jeff Greenberg Organizations: Companies, TJX Companies, Ross Stores, UBS, Burlington Stores, Nordstrom, Marshalls, Home Goods, CNBC, Loop, Jefferies, Bank of America, Universal, Getty Locations: Maxx, Port St Lucie , Florida
The New York Times is interested in the organ transplant system. Do you have a tip about irregularities in the system? If you are a doctor, nurse, technician or anybody else working on organ transplants, we’d love to hear from you. We are also eager to talk to from medical residents working in those transplant programs. And of course, we also want to hear from patients and their families.
Organizations: New York Times
For decades, Dr. J. Steve Bynon Jr., a transplant surgeon in Texas, gained accolades and national prominence for his work, including by helping to enforce professional standards in the country’s sprawling organ transplant system. But officials are now investigating allegations that Dr. Bynon was secretly manipulating a government database to make some of his own patients ineligible to receive new livers, potentially depriving them of lifesaving care. Memorial Hermann-Texas Medical Center in Houston, where Dr. Bynon oversaw both the liver and kidney transplant programs, abruptly shut down those programs in the past week while looking into the allegations. On Thursday, the medical center, a teaching hospital affiliated with the University of Texas, said in a statement that it had found evidence that a doctor in its liver transplant program had effectively denied patients transplants by changing records. Officials identified the physician as Dr. Bynon, who is employed by the University of Texas Health Science Center at Houston and has had a contract to lead Memorial Hermann’s abdominal transplant program since 2011.
Persons: J, Steve Bynon Jr, Bynon, Hermann Organizations: Texas Medical Center, University of Texas, University of Texas Health Science Center, Houston Locations: Texas, Houston
A doctor who called himself the “leg saver” is shutting down his vascular clinics in Michigan, where he performed thousands of lucrative procedures that have come under scrutiny for being unnecessary and potentially dangerous. Earlier this month, patients received a letter from the staff of Dr. Mustapha’s clinic, Advanced Cardiac & Vascular Centers, informing them that the business, which has clinics in Grand Rapids and Lansing, was closing and advising them to find new doctors. Dr. Mustapha and Dr. Saab didn’t respond to requests for comment. Dr. Mustapha is a prominent player in a booming industry that targets the roughly 12 million Americans with peripheral artery disease, in which plaque builds up in arteries, clogging the flow of blood. He was paid hundreds of thousands of dollars by device manufacturers to conduct clinical trials, train other doctors and speak about their products, according to a federal database of industry payments to doctors.
Persons: Jihad Mustapha, Mustapha’s, Dr, Mustapha, Fadi Organizations: New York Times, Vascular Centers, Fadi Saab, Saab Locations: Michigan, Grand Rapids, Lansing, Ocala, Fla, Dearborn, Mich
CNN —Two men in New York have been charged with distributing fentanyl-laced heroin that allegedly caused the death of transgender activist Cecilia Gentili in February, prosecutors announced Monday. “Cecilia Gentili, a prominent activist and leader of the New York transgender community was tragically poisoned in her Brooklyn home from fentanyl-laced heroin. Medical examiners determined she died from “acute intoxication caused by the combined effects of fentanyl, heroin, xylazine, and cocaine. Prosecutors accuse Venti of selling the laced heroin, allegedly supplied by Kuilan, to Gentili on February 5, citing text messages, cell site data, and other evidence. Venti’s attorney, Joseph Turco, referred to Gentili’s death as an “accident” in a statement and said, “We’re sorry for Cecilia’s death.”“Our hearts and prayers go to the activist’s family.
Persons: Cecilia Gentili, “ Cecilia Gentili, , Michael Kuilan, Antonio Venti, Kuilan, Gentili, Venti, Joseph Turco, , ” Turco, Howard Greenberg, ” Greenberg, CNN’s Elizabeth Wolfe Organizations: CNN, New, Eastern, of, Patrick’s, Roman Catholic Archdiocese, Prosecutors, US, Office Locations: New York, Brooklyn, of New York, St, Gentili, America,
Edward C. Robison III/Courtesy The Menil CollectionSobel’s rise in the New York art scene was speedy — and short-lived. An untitled Sobel work, featuring totemic figured rendered in crayon and gouache on drawing pad paper. There’s a lot to still learn.”An untitled Sobel work, circa 1946. Courtesy the Museum of Modern Art/The Menil CollectionAn untitled Sobel work, circa 1946-1948. James Craven/Courtesy The Menil CollectionWhat the exhibition demonstrates above all is how innovative Sobel was, in both her media and methods of application.
Persons: Jackson Pollock, Willem de Kooning, Janet Sobel, you’ve, Sobel, Edward C, Robison III, Sol Sobel, Sidney Janis, Janis, “ Janet Sobel, Clement Greenberg, Pollock, ” Greenberg, , totemic, Paul Hester, Len Sobel —, — Sobel, Baruch, ” Len Sobel, Peggy Guggenheim, Guggenheim, Louise Bourgeois, Lee Krasner, Leonora Carrington, New Jersey —, Natalie Dupêcher, ” Dupêcher, Len Sobel, William Rubin, Rubin, Sobel —, Len Sobel’s, I’m, James Craven, , , Dupêcher, Organizations: CNN, Brooklyn Daily Eagle, Art Students League, Arts Club of Chicago, Brooklyn Daily, New, Puma, , Museum of Modern Art, National Gallery of Art, Menil, Brooklyn, Pennsylvania Academy, Fine Arts, Guggenheim, EPA, of Modern Art, MoMA, San Diego Museum of Art, Crystal Bridges Museum of American Locations: New York, Paris, Brighton Beach , Brooklyn, Brooklyn, Washington ,, Houston —, Ukrainian, New Jersey, York, Manhattan, Venice, Perth Amboy, Plainfield , New Jersey, Ukraine, Bentonville , Arkansas, America
China's President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty ImagesBEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment. In the Chinese side's readout, Xi described China's economy as "sound and sustainable," and pushed back on some forecasts that the country would soon "peak." The National Committee on U.S.-China Relations did not provide a statement. "I commend [Xi's] personal engagement in the U.S.-China relationship, including a meeting like this.
Persons: Xi Jinping, Carlos Barria, Stephen Schwarzman, Cristiano Amon, Evan G, Greenberg, Harvard's John F, Dean Graham Allison, Craig Allen, Xi, Wang Yi, Zheng Shanjie, Commerce Wang Wentao, Rajesh Subramaniam, Chubb Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, Getty, U.S, China -, Blackstone, Qualcomm, Kennedy School of Government, U.S ., China Business, Authorities, National Development, Commerce, FedEx, CNBC, Committee Locations: Asia, San Francisco , California, BEIJING, Beijing, China, United States, U.S
Instead a deal is now being negotiated to trim the size of the property's $240 million mortgage and potentially extend the loan at below-market interest rates in an attempt to revive the property's fortunes. The negotiations show that as hundreds of billions of dollars of commercial real estate debts come due or have already tumbled into default, deals are being arranged behind the scenes to try to stave off financial catastrophe. More borrowers and lenders have sought to buy timeThere is mounting evidence that such negotiations are taking place more widely. There have been concerns that trillions of dollars of upcoming commercial property debt maturities could inflict heavy losses that could weigh on investors and lenders across the property market and even cause systemic issues in the banking sector. The deal is part of a growing number of sales by some lenders to cut down their exposure to commercial real estate.
Persons: Realty, Michael Maturo, we'd, Maturo, Jack Terzi, Terzi, Jamie Woodwell, Stephen Buschbom, Trepp, Alan Todd, David Blumberg, Raymond Boyd, Blumberg, Robert Ivanhoe, Greenberg Traurig, Ivanhoe Organizations: New, Aareal Bank, Business, JTRE Holdings, Mortgage Bankers Association, Treasury Department, Bank of America, 601W Companies, Aon, Aon Center, Federal Reserve Locations: New York, Lower Manhattan, Manhattan, New York City, Chicago
How to fix Boeing's mess
  + stars: | 2024-03-25 | 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 EmailHow to fix Boeing's messHerb Greenberg, 'Herb Greenberg on the Street' editor, joins 'Money Movers' to discuss whether Boeing's current situation falls on outgoing CEO Dave Calhoun, how the culture at Boeing needs to change, and more.
Persons: Herb Greenberg, Dave Calhoun Organizations: Boeing
The explosive growth of the resale market and the rise of fast fashion are partly to blame. It's a high that anyone who shops at thrift stores knows — and one that I've been chasing since high school. lechatnoir/Getty ImagesGen Z made thrifting mainstreamBuying used clothing has never been more popular, largely thanks to Gen Z. Still, even as thrifting has grown in popularity, so have fast fashion brands. "Fifteen years ago you would've seen the majority of your secondhand shoppers were most likely more need-based," she said.
Persons: Thrifting, Gen Z, , I've, Nicole Craig, Arizona State University FIDM, we're, ThredUp, Z, Gen, Danielle Testa, thrifting, millennials, Abercrombie, Craig, Elena Karpova, Testa, Brittany Dickinson, Oleg Cassini, Prada, Jeffrey Greenberg, there's, Dickinson, we've Organizations: Service, Arizona State University, Goodwill, Salvation Army, Fitch, University of North, Goodwill Industries International, Universal, eBay, Urban Outfitters, Free Locations: University of North Carolina, Greensboro, Hendersonville , North Carolina
Miami Beach announced it's "breaking up" with spring break tourism. But data shows that Miami Beach wasn't among the three trending destinations this March anyway. Young revelers typically flock to Miami Beach in March for weeklong vacations. But Miami Beach wasn't at the top of tourists' minds this year anyway, according to travel company Booking Holdings. Jeff Greenberg/Getty ImagesBased on Booking Holdings' data, Miami Beach peaked at No.
Persons: Orlando snagged, , Young, George Rose, Joe Burbank, John F, Gary Hershorn, Jeff Greenberg Organizations: Miami Beach, Miami Beach wasn't, Service, Booking Holdings, Las Vegas, New York City, , Vegas, Walt Disney, Orlando Sentinel, Tribune, Getty Images Orlando, Disney, Universal Studios, Kennedy Space Center, Orlando, York City, Liberty, Beach, Holdings, Miami Locations: Las Vegas , New York City, City, Miami, Orlando, New York, New York City Las Vegas, Nevada, Florida, Las Vegas, American, Cocoa Beach . New York City, Myrtle Beach, Cancún, Mexico
AG Letitia James plans to go after Trump's cash and property if he doesn't pay his civil fraud debt. Is the ball in Letitia James' court? "The burden is on Letitia James to find Trump's assets" and decide what she wants garnished or auctioned, he said. D'Orazio predicts James would first target the cash that Trump and the Trump Organization keep in New York-registered bank accounts. He would then remit $95 million to the Attorney General's Office, and that would go toward paying Trump's judgment.
Persons: Letitia James, , padlocks, Donald Trump's, Trump, James, Bernard D'Orazio, D'Orazio, — James, Mark, we're, doesn't, It's, she'll, Arthur Engoron, Jeff Greenberg, — Trump Organizations: Service, Trump, Trump Plaza, New, Social, Trump —, GOP, AP, Trump Organization, Radio City Music Hall, Forbes, New York, Fire Locations: New York, New York City, Manhattan, New, Westchester County, Trump, Americas
Ten days ago, Chubb underwrote Trump's $92 million bond for his E. Jean Carroll defamation appeal. But Chubb declined to handle the far higher appeal bond Trump now needs in his NY civil fraud case. The insurance giant had faced blowback after agreeing to the Carroll bond. Chubb's "no, thanks" comes just five days after the company's CEO, Evan Greenberg, sent a letter to brokers, clients, and investors addressing widespread criticism over the Carroll bond. The Carroll bond was underwritten by Chubb subsidiary Federal Insurance Company.
Persons: Chubb, Trump's, Jean Carroll, Trump, Carroll, , Donald Trump's E, Evan Greenberg, Greenberg, Nick Newton, Newton, Neil Pederson, Pedersen, it's, Letitia James, James, Alan Garten Organizations: Service, GOP, Trump, Insurance, Business, Chubb, Insurance Company, National Association, Bond, Sons, New York, Trump Organization Locations: New York, York, AssuredPartners, Manhattan
The CEO of the Chubb insurance company on Wednesday defended providing former President Donald Trump with a $91.6 million appeal bond in the civil case where he was found liable for defaming writer E. Jean Carroll after she accused him of rape. "When Chubb issues an appeal bond, it isn't making judgments about the claims, even when the claims involve alleged reprehensible conduct," Greenberg wrote in the letter, which was obtained by CNBC. "It would be wrong for us to do so and we are in no way supporting the defendant. We are supporting and are part of the justice system plumbing included in this case." Chubb has been under fire since last week when Trump revealed he had obtained the appeal bond from the company.
Persons: Chubb, Donald Trump, E, Jean Carroll, Evan Greenberg, Trump, Greenberg Organizations: CNBC
UNTIL AUGUST, by Gabriel García Márquez. Billed as a “rediscovered” novel, “Until August” is likely to be the last published book of fiction by the Colombian master and Nobel laureate Gabriel García Márquez. Reading it may provoke unhealthy levels of frustration in those familiar with García Márquez’s most indelible creations. Readers’ inevitable disappointment with “Until August” may be directed partly at García Márquez’s two sons and literary executors, who permitted its publication even though their father had made his wishes clear. And to his sons he said: “Memory is at once my source material and my tool.
Persons: Gabriel García Márquez, Anne McLean, , , Solitude Locations: Colombian, Italy,
Trump must stow $500M cash in a bank to cover the appeal bond for his NY fraud case, experts say. His next appeal bond will cost him far more. By posting another appeal bond. Similar to the more familiar jail bond, an appeal bond is a promise of payment that's backed by collateral, meaning cash or property. The premium on a half-billion-dollar appeal bond could run anywhere from $250,000 to north of one million dollars, just to purchase the bond, experts guestimated.
Persons: Trump, , Donald Trump, Jean Carroll, Letitia James —, Sheriff, Eric Snyder, Snyder, Arthur Engoron, Wilk Auslander, He's, Julie Alleyne, Carroll, Chubb, Evan G, Greenberg, Neil Pedersen, Pedersen, Alleyne, Cash, Jeff Bezos, Elon Musk, Christopher Kise, — Chubb, Letitia James, James, Roy Rochlin, Justin Sullivan Organizations: stow, Service, Trump, New York, New, NRA, Fox, Wilk, Fidelity Association of America, Federal Insurance Company, Chubb Group, Sons, Forbes, Bloomberg, ABC, Midtown, Financial, Getty Locations: NY, Manhattan, New York, New York City, Americas, Midtown Manhattan, New Yorkers
Kyrsten Sinema once said she could "do anything" after leaving the Senate, according to one book. Now that she's retiring, Sinema has all kinds of get-rich-quick options available to her. According that book, Sinema told the Utah Republican that she didn't care about winning reelection, a prospect that had long been imperiled by breaking with her party on government spending and the Senate's "filibuster" rule. Former Sen. Ben Sasse is set to make millions from his new role as a college president. Tasos Katopodis-Pool/Getty ImagesSinema could also seek to become a college president, as she purportedly once told Romney — and she could get rich doing it.
Persons: Kyrsten Sinema, Sinema, , McKay, Sen, Mitt Romney, Kyrsten, Arizona hasn't, Romney, Sinema's, Leah Greenberg, she's, — she's, Ed Perlmutter —, it's, Tom Suozzi, Mike Rogers of, Suozzi, George Santos, Rogers —, Former Sen, Ben Sasse, Tasos, Romney —, Donald Trump, Hillary Clinton, Nikki Haley, he's Organizations: Service, Senate, Utah Republican, Arizona State University, Capitol, Democratic, Colorado —, Mike Rogers of Michigan, House Intelligence, Former, GOP, University of Florida Locations: Plenty, Arizona, Colorado, New York, Michigan, Nebraska
Three months into my sobriety, I took an all-inclusive vacation. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But, unlike the previous times I had gone on the wagon, this time, I would be doing it for myself. As I had my challenges with binge drinking in my 20s, I had avoided all-inclusive resorts since a vacation in my teens, when my brother and I were accidentally given adult bracelets and our parents turned the other cheek.
Persons: , Grandma Bevy, I'd, pina coladas poolside, sipping, curt, hesitantly, I'm, Beverly Mendel Organizations: Service, sipping White Locations: New York, Montreal, Cana
Reddit disclosed 2023 revenue growth of 20% and said its core business relies on online advertising sales when it filed to go public on Thursday. "This is an AI play," Herb Greenberg, Editor of "Herb Greenberg | On the Street" on Substack, explained on CNBC's Last Call Thursday. "If you go through the prospectus, the first thing you see is the talk that they're using this to train large language models -- and that's true," Greenberg said. Reddit cut a $60 million deal with Google on Thursday for the tech giant to train its AI models on the social network's data. "They talk about the revenue they're going to get from that from licensing that data," Greenberg said.
Persons: Reddit, Herb Greenberg, Greenberg Organizations: Google
Apply for financial aidIn ordinary years, high school graduates miss out on billions in federal grants because they don't apply for financial aid. Because this year's award letters are likely to look a lot different, that also opens the door for families to ask for more college aid. In that case, you may be able to appeal to the college financial aid office, according to Menaka Hampole, assistant professor of finance at the Yale School of Management. Alternatively, if the financial aid packages from other, comparable schools were better, that is also worth bringing to the school's attention in an appeal. "It's very important for students and families to know that financial aid offices tend to be very approachable," Greenberg said.
Persons: haven't, Rick Castellano, Sallie Mae, Greenberg, Menaka Hampole Organizations: U.S . Department of Education, National College, College, Network, Yale School of Management
AdvertisementI've worked as a Coach sales associate for two years, so I've learned a lot about buying and selling designer bags. Research brands and materials before buying a bagMany designer bag brands use the same materials. Realistically consider your needsWalking into a designer bag store and trying to choose color, material, size, and style is overwhelming. Would you prefer a crossbody, bag with top handle, shoulder bag, backpack, or belt bag? Next, consider your lifestyle and what your designer bag will be used for.
Persons: I've, , Jeffrey Greenberg, We're Organizations: Service, Getty, Labor
I've helped people buy the perfect designer bags at Coach for two years. AdvertisementI've worked as a Coach sales associate for two years, so I've learned a lot about buying and selling designer bags. Research brands and materials before buying a bagMany designer bag brands use the same materials. Realistically consider your needsWalking into a designer bag store and trying to choose color, material, size, and style is overwhelming. Next, consider your lifestyle and what your designer bag will be used for.
Persons: I've, , Jeffrey Greenberg, We're Organizations: Service, Getty, Labor
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