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President Biden escalated his confrontation with China on Wednesday by signing an executive order banning American investments in key technology industries that could be used to enhance Beijing’s military capabilities, the latest in a series of moves putting further distance between the world’s two largest economies. The order will prohibit venture capital and private equity firms from pumping money into Chinese efforts to develop semiconductors and other microelectronics, quantum computers and certain artificial intelligence applications. Administration officials stressed that the move was tailored to guard national security, but China is likely to see it as part of a wider campaign to contain its rise. “The Biden administration is committed to keeping America safe and defending America’s national security through appropriately protecting technologies that are critical to the next generation of military innovation,” the Treasury Department said in a statement. A series of expanding export controls on key technologies to China has already triggered retaliation from Beijing, which recently announced the cutoff of metals like gallium that are critical for the Pentagon’s own supply chain.

Persons: Biden, “, Richard M, Nixon, Henry Kissinger Organizations: Treasury Department, U.S . Locations: China, U.S, Beijing

☆ A Rich Stranger Wants to Give You All His Money. There’s a Catch.
▼ + stars: | 2023-08-02 | by ( Anakwa Dwamena | ) www.nytimes.com time to read: +1 min

ANANSI’S GOLD: The Man Who Looted the West, Outfoxed Washington, and Swindled the World, by Yepoka YeeboStop me if you’ve heard this one: A stranger needs to retrieve money stuck in a bank. And to meet this and other administrative costs necessary to unlocking this fortune, would you kindly help him with a little investment? This is known as the advance fee fraud, or “419.”These days, the scams generally target the elderly and the net-illiterate. “They saw Blay-Miezah, in his chief’s finery, spinning a tale about darkest Africa, untold wealth and a corrupt leader,” Yeebo writes. “And because the story — and the man — fit their preconceptions like a dovetail joint, they made up the rest of the story for themselves.”

Persons: Yepoka, you’ve, John Ackah Blay, Henry Kissinger, “, ” Yeebo, ” Locations: Outfoxed Washington, Ghana

☆ Half of Americans polled see China as the biggest threat to the U.S., says Pew
▼ + stars: | 2023-07-27 | by ( Sumathi Bala | ) www.cnbc.com time to read: +3 min

Saul Loeb | Afp | Getty ImagesHalf of Americans polled widely view China as the biggest threat facing the U.S., a new Pew research center survey revealed. In an open-ended question, Americans were asked to name any country as the greatest threat to the U.S. — 50% named China. While it's difficult to compare responses from year to year, Pew noted that "Americans have not always seen China as the top threat to the United States." "When we last asked a question of this sort in 2019, equal shares of Americans pointed to China and Russia as the greatest threat facing their country," it said. The survey reflects Americans' view of China have become more negative over time — particularly since 2020, added Pew.

Persons: Joe Biden, Xi Jinping, Saul Loeb, Pew, Laura Clancy, we've, Pew's Clancy, Henry Kissinger, Kissinger, Biden, Antony Blinken, Janet Yellen, John Kerry Organizations: Afp, Getty, Pew, CNBC, U.S . Locations: Nusa Dua, Bali, China, Russia, United States, U.S, Ukraine, Taiwan Strait, Beijing, Washington

☆ Helen Mirren transforms into Golda Meir in 'Golda' trailer
▼ + stars: | 2023-07-25 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

Meir served as Israel’s prime minister between 1969 and 1974. “Do you know how many people died?” Schreiber is heard asking Mirren in the trailer. Former Israel prime minister Golda Meir in 1973 in Tel Aviv. AFP/Getty Images“Golda” isn’t the first film in which Mirren portrayed a notable Jewish figure. She added, “there’s a lot of terrible unfairness in my profession.”“House of Gucci” star Camille Cottin co-stars in “Golda” alongside Schreiber and Mirren as Lou Kaddar, Meir’s personal assistant.

Persons: Helen Mirren’s, Golda Meir, Golda, ” “, ”, Mirren, Liev Schreiber, Henry Kissinger, Meir, ” Schreiber, Golda ” isn’t, Maria Altmann, Ryan Reynolds, Oscar, Queen Elizabeth, ” –, Golda ”, Guy Nattiv, who’s, Gucci ”, Camille Cottin, “ Golda ”, Schreiber, Lou Kaddar Organizations: CNN, Israel, AFP, Getty, Daily Mail, ” “ Locations: Israel, Meir, Kippur, Yom, Tel Aviv, Queen, “

☆ Xi Jinping Praises Henry Kissinger in Beijing, in Veiled Message to Biden Administration
▼ + stars: | 2023-07-20 | by ( Joyu Wang | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/xi-jinping-praises-henry-kissinger-in-beijing-in-veiled-message-to-biden-administration-f305e878

Persons: Dow Jones, henry, kissinger Organizations: biden Locations: beijing

☆ Xi meets Kissinger the same week US climate envoy Kerry was in China
▼ + stars: | 2023-07-20 | by ( Nectar Gan | ) edition.cnn.com time to read: +1 min

CNN —Henry Kissinger, the 100-year-old former US Secretary of State who is in Beijing this week for a surprise visit, met with Chinese leader Xi Jinping on Thursday – a day after US climate envoy John Kerry wrapped up his trip to restart climate talks with China. Xi met Kissinger at the Diaoyutai State Guesthouse, a diplomatic complex in western Beijing where China’s leaders often receive foreign dignitaries, state broadcaster CCTV reported. The meeting comes after Kissinger met with China’s top diplomat Wang Yi and Defense Minister Li Shangfu, who has been under US sanction since 2018 over China’s purchase of Russian weapons. Kissinger’s meeting with Xi is indicative of how highly he is regarded by China’s leadership. His previously unannounced visit overlapped with Kerry’s high-profile visit to Beijing, which saw US and China resume climate talks that had been frozen for nearly a year.

Persons: CNN — Henry Kissinger, Xi Jinping, John Kerry, Xi, Kissinger, Wang Yi, Li Shangfu, Kerry, Joe Biden’s, ”, Nixon Organizations: CNN, CCTV, Wang Yi and Defense, China’s, State, Beijing “, Communist Locations: Beijing, China, Diaoyutai State, Communist China

☆ China's President Xi meets with Henry Kissinger in Beijing
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] China's President Xi Jinping attends a signing ceremony with Palestinian President Mahmud Abbas (not pictured) at the Great Hall of the People in Beijing , China June 14, 2023. JADE GAO/Pool via REUTERS/File photoBEIJING, July 20 (Reuters) - China's President Xi Jinping met with veteran U.S. diplomat Henry Kissinger in Beijing, state media reported on Thursday. He met with Xi at the Diaoyutai State Guesthouse, CCTV reported. Washington said it was aware of Kissinger's trip to China this week, but noted he was not acting on behalf of the U.S. government. Reporting by Bernard Orr; editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Mahmud Abbas, JADE, Henry Kissinger, Xi, Kissinger, Wang Yi, Li Shangfu, Beijing Kissinger, Richard Nixon, Gerald Ford, Washington, Bernard Orr, Christian Schmollinger Organizations: of, People, JADE GAO, U.S, ., Thomson Locations: Beijing, China, BEIJING, Diaoyutai State, Washington

☆ 'Old friend': Henry Kissinger meets China's Xi Jinping in second surprise Beijing talks
▼ + stars: | 2023-07-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Former U.S. Secretary of State Henry Kissinger helped broker talks between then-U.S. President Richard Nixon and China's Mao Zedong, paving the way for normalized relations. Veteran U.S. diplomat Henry Kissinger met with Chinese President Xi Jinping Thursday during a surprise visit to Beijing, according to state media. The 100-year-old former U.S. Secretary of State was hosted by the Chinese premier at the Diaoyutai State Guesthouse, CCTV said in an online post. However, Reuters reported that the White House said Kissinger was not visiting China on behalf of the U.S. government. Kissinger's talks with Xi were his second unexpected meeting of the week, after the former diplomat spoke with China's Defense Minister Li Shangfu on Tuesday.

Persons: Henry Kissinger, Richard Nixon, China's Mao, Xi Jinping, Kissinger, Xi, Kissinger's, Li Shangfu Organizations: U.S, Veteran U.S, State, Xinhua, Google, U.S . State Department, Reuters, White, ., China's Defense Locations: Beijing, Diaoyutai State, China

☆ White House regrets Kissinger had better access in Beijing than current US officials
▼ + stars: | 2023-07-20 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

REUTERS/Jason Lee/Pool/File PhotoWASHINGTON, July 20 (Reuters) - The White House on Thursday expressed regret that Henry Kissinger was able to get more of an audience in Beijing than some sitting U.S. officials, after the former top diplomat held talks in China. The White House said it was aware of the trip but that it was a private visit by a citizen. "It's unfortunate that a private citizen can meet with the defense minister and have a communication and the United States can't," said White House National Security Council spokesperson John Kirby. Kirby said that administration officials "look forward to hearing from Secretary Kissinger when he returns, to hear what he heard, what he learned, what he saw." U.S. presidential envoy John Kerry concluded lengthy talks with Beijing on fighting climate change on Wednesday and current Secretary of State Antony Blinken went to Beijing last month.

Persons: Henry Kissinger, Wang Yi, Jason Lee, Kissinger, Richard Nixon, Gerald Ford, Xi Jinping, Li Shangfu, Lloyd Austin, General Li, John Kirby, they're, miscalculations, Kirby, John Kerry, Antony Blinken, Joe Biden, Trevor Hunnicutt, David Brunnstrom, Jonathan Oatis Organizations: U.S, Foreign, of, People, REUTERS, WASHINGTON, U.S . Defense, White, National Security, Economic Cooperation, Thomson Locations: Beijing, China, Washington, U.S, United, Ukraine, Taiwan, New Delhi, Asia, San Francisco

☆ Henry Kissinger is a trending topic right now in China because so many people are surprised he's 100, alive, and going on business trips
▼ + stars: | 2023-07-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

People on China's social media are awestruck by Henry Kissinger's stamina at 100. "This is the Kissinger from the history books?" "This is the Kissinger from the history books?" I thought he was dead because people in the history books basically are," wrote another Weibo user. Others marveled at Kissinger's stamina at 100.

Persons: Henry Kissinger's, Li Shangfu, Kissinger, Henry Kissinger, Kissinger's, he's Organizations: Service, Twitter, Weibo Locations: China, Wall, Silicon, Beijing, China's, Weibo

☆ Henry Kissinger meets with China's defense minister in Beijing
▼ + stars: | 2023-07-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Former U.S. diplomat Henry Kissinger appears on a screen as he delivers a video address to the participants of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 17, 2023. BEIJING — Henry Kissinger, a former U.S. secretary of State, met with China's defense minister, Li Shangfu, in Beijing on Tuesday, the ministry said in a statement. Kissinger's meeting with Li comes as John Kerry, special presidential envoy for climate, is also in Beijing for climate talks. Li and his U.S. defense counterpart have not spoken officially despite increased tensions around the Taiwan Strait. Blinken said he failed to restore military-to-military talks with China during his visit last month.

Persons: Henry Kissinger, BEIJING — Henry Kissinger, Li Shangfu, Li, John Kerry, Janet Yellen, Antony Blinken, Blinken Organizations: U.S, Economic, State, Embassy, CNBC, Treasury, China Locations: Davos, Switzerland, BEIJING, U.S, Beijing, China, Taiwan Strait

July 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The disconnect between Asia and the rest of the world has widened recently, and correlations between the MSCI Asia ex-Japan index and leading U.S. and global indexes are the weakest in about a month. Bulls in Asia will be hoping some of that momentum drives local trading on Wednesday. The MSCI Asia equity index ex-Japan is up 4.6% this year, significantly underperforming the MSCI World index, S&P 500 and Nasdaq which are up 17%, 19% and 38%, respectively. Disappointing second quarter growth figures this week pushed the Chinese economic surprises index to its lowest in more than three years.

Persons: Jamie McGeever, John Kerry, Li Shangfu, Henry Kissinger, Pita Limjaroenrat, Josie Kao Organizations: Bulls, Nasdaq, Bank of America, Bank of New York Mellon, Biden, Thomson, Reuters Locations: Asia, Japan, U.S, China, Beijing, Thailand, Zealand

CNN —Former US Secretary of State Henry Kissinger met in Beijing with Chinese Defense Minister Li Shangfu, according to the Chinese Ministry of Defense. Kissinger met with Li, who is under US sanction, in his capacity as a private citizen, State Department spokesperson Matthew Miller said. Kissinger played a key role in the US rapprochement with China while serving as national security adviser under the Nixon administration. Miller, the State Department spokesperson, indicated that Secretary of State Antony Blinken found out about the meeting from his own meetings with Chinese officials in Beijing last month. “We were aware that Henry Kissinger was traveling to China,” Miller said at a State Department briefing.

Persons: Henry Kissinger, Li Shangfu, Kissinger, Li, Matthew Miller, Nixon, Lloyd Austin, Miller, Antony Blinken, ” Miller, Blinken, ”, “, it’s Organizations: CNN, Former, Chinese Defense, Chinese Ministry of Defense, State, US, Beijing “, State Department Locations: Beijing, China, United States, Singapore

☆ How Daniel Ellsberg, who died at 92, went from being a disillusioned member of the government-military elite to a hero of anti-war movements
▼ + stars: | 2023-06-17 | by ( Associated Press | ) www.businessinsider.com time to read: +16 min

Daniel Ellsberg, the whistleblower behind the Pentagon Papers, died at 92, his family said Friday. David Halberstam, the late author and Vietnam War correspondent who had known Ellsberg since both were posted overseas, would describe him as no ordinary convert. "Without Nixon's obsession with me, he would have stayed in office," Ellsberg told The Associated Press in 1999. Ellsberg's story was depicted in the 2009 documentary "The Most Dangerous Man in America: Daniel Ellsberg and the Pentagon Papers." He and Marx wedded in 1970, the year before the Pentagon Papers were made public.

Persons: Daniel Ellsberg, Ellsberg, —, — Daniel Ellsberg, Richard Nixon, Julia Pacetti, Dan, Robert S, McNamara, Lyndon Johnson's, John F, Kennedy, David Halberstam, Johnson, Neil Sheehan, Henry Kissinger, Hannah Arendt, Nixon, Nixon fumed, H.R, Haldeman, Matthew Byrne, Gordon Liddy, Howard Hunt, Byrne, Daniel, Harry Truman, nodded, Ellsberg's, Rand, Anthony J, Russo, Robert, Kissinger, Sen, William J, Fulbright, George McGovern of, Marcus Raskin, Ralph Stavins, Sheehan, Raskin, Stavins, didn't, spry, George W, Bush, Obama, Julian Assange, Chelsea Manning, Edward Snowden, Snowden, Patricia Marx, Marx Organizations: Pentagon, Service, Supreme, Defense, Harvard, Democratic, Republican, The New York Times, Washington Post, The Associated Press, National Security, United, U.S, White, Democratic Party's, Washington , D.C, Associated Press, Coast, Rand Corp, Christian Science, Soviet Union overseas, Harvard University, Marines, Ivy League, Defense Department, State Department, Rand, Xerox, Arkansas, Foreign Relations Committee, Institute for Policy, Times, ., Army, New York Times, Massachusetts Institute, Technology's Center for International Studies Locations: Boston, Los Angeles, Vietnam, Indochina, U.S, France's, America, United States, Beverly Hills , California, Washington ,, Saigon, Santa Monica, Chicago, Detroit, Pearl, London, Germany, Japan, Santa Monica , California, George McGovern of South Dakota, Iraq, Afghanistan, Russia

☆ Daniel Ellsberg, who leaked 'Pentagon Papers,' dies at 92
▼ + stars: | 2023-06-16 | by ( Bill Trott | ) www.reuters.com time to read: +7 min

In his later years Ellsberg would become an advocate for whistleblowers and leakers and his "Pentagon Papers" leak was portrayed in the 2017 movie "The Post." Courtesy Daniel Ellsberg Papers, Robert S. Cox Special Collections and University Archives Research Center, UMass Amherst Libraries. Ellsberg secretly went to the media in 1971 in hopes of expediting the end of the Vietnam War. Courtesy Daniel Ellsberg Papers, Robert S. Cox Special Collections and University Archives Research Center, UMass Amherst Libraries. He said he was inspired to copy the "Pentagon Papers" after hearing an anti-war protester say he was looking forward to going to prison for resisting the draft.

Persons: Daniel Ellsberg, Ellsberg, Long, Edward Snowden, Robert S, Henry Kissinger, Robert McNamara, Richard Nixon, Lyndon Baines Johnson, CourtesyDaniel Ellsberg, John F, Kennedy, Lyndon Johnson, Gordon Liddy, Howard Hunt, Snowden, Chelsea Manning, Carol Cummings, Patricia Marx, Bill Trott, Kanishka Singh, Dan Grebler, Diane Craft Organizations: U.S, Wikileaks, University Archives Research Center, UMass Amherst Libraries, Nixon, State Department, Harvard, Marine Corps, Pentagon, RAND Corporation, Ellsberg's, Chiefs, Staff, RAND, Massachusetts Institute of Technology, New York Times, The Times, Washington Post, Times, FBI, UMass, Libraries, National Security Agency, WikiLeaks, Thomson Locations: Vietnam, Kensington , California, America, Saigon, United States, Boston, U.S, North Vietnam, Cambodia, Laos, American, Chicago , Illinois

☆ How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos
▼ + stars: | 2023-06-02 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +6 min

The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. Holmes' board going into the scandal included an unusual roster of names for a healthcare startup, with leaders who had more experience in politics and government than healthcare. For the most part, the board members seemed to be taken by Holmes and her vision. "Secretary Mattis was struck by the promise of technology and was looking for any technology solution to save lives on the battlefield," White said. Auletta in the documentary said the board members spoke about Holmes as if she were a visionary.

Persons: Theranos, Alex Gibney, Elizabeth Holmes, Holmes, John Carreyrou, Sunny Balwani, Balwani, George Shultz, Shultz, Gary Roughead, William Perry, Sam Nunn, James Mattis, Donald Trump's, Richard Kovacevich, Wells Fargo Henry Kissinger, William Frist, William H, Foege, Riley, Bechtel, Kissinger, Mattis, Ken Auletta, David Boies, Auletta, Axios, Dana White, White, Beethoven, Roger Parloff, he's, Parloff Organizations: Morning, Food and Drug Administration, Wall Street, US, US Marine Corps, Centers for Disease Control, Bechtel Group Inc, New, Mattis, Theranos, Securities and Exchange Commission, Fortune Locations: Texas, California, Silicon Valley

☆ Opinion: The ultimate ‘Succession’ lesson
▼ + stars: | 2023-05-28 | by ( Richard Galant | ) edition.cnn.com time to read: +13 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Walt Handlesman/Tribune Content AgencyIn a much more ominous vein, the theme of survival dominates the HBO show “Succession,” which is coming to an end Sunday. She’s so caught up in beating her brothers at the succession game that she can’t see this baby as anything but an obstacle.”“Ultimately, this storyline is a perfect encapsulation of the larger tragedy that is ‘Succession,’” Bodenheimer added. The contest for the 2024 GOP presidential nomination heated up last week with the official entry of Florida Gov. Ron DeSantis, former President Donald Trump’s strongest challenger in the polls.

☆ Henry Kissinger Surveys the World as He Turns 100
▼ + stars: | 2023-05-27 | by ( Tunku Varadarajan | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-great-strategist-henry-kissinger-turns-100-china-ukraine-realpolitik-81b6f3bb

☆ Summer Movies 2023: Here’s What’s Coming to Theaters and Streaming
▼ + stars: | 2023-05-24 | by ( Ben Kenigsberg | ) www.nytimes.com time to read: +2 min

WHITE BIRD R.J. Palacio’s novel “Wonder” was adapted into a movie nearly six years ago. In this film, based on a follow-up book, the bully (Bryce Gheisar) of the first story learns about intolerance from his grandmother (Helen Mirren), a Holocaust survivor who shares her wartime experiences with him. (Aug. 25 in theaters)SCRAPPER A girl (Lola Campbell) is resourcefully getting by on her own after her mother’s death when her father (Harris Dickinson) returns. Charlotte Regan wrote and directed. (Aug. 25 in theaters)

☆ A secretive annual meeting attended by the world's elite has A.I. top of the agenda
▼ + stars: | 2023-05-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Sam Altman, CEO of OpenAI, is one among a number of business and political leaders set to join the annual Bilderberg Meeting in Lisbon, Portugal. OpenAI CEO Sam Altman will join forces with key leadership from firms like Microsoft and Google this week as a secretive meeting of the business and political elite kickstarts in Lisbon, Portugal. Artificial intelligence will top the agenda as the ChatGPT chief meets with Microsoft CEO Satya Nadella, DeepMind head Demis Hassabis, and former Google CEO Eric Schmidt at the annual Bilderberg meeting. All in, around 130 participants from 23 countries are set to attend the private meeting — a similar number to previous years. However, the event's organizers say that the discrete nature of the event is to allow for greater freedom of discussion.

☆ Carol Burnett's birthday special' is an elegant (and hilarious) event
▼ + stars: | 2023-04-26 | by ( Marianne Garvey | ) edition.cnn.com time to read: +9 min

Hulton Archive/Getty Images Burnett peeks at a portrait of herself that was being painted by artist Dmitri Vails in 1963. CBS/Getty Images Burnett interacts with the audience of her new variety show, "The Carol Burnett Show," in 1967. CBS/Getty Images Burnett, left, and Cher perform a skit on "The Sonny & Cher Comedy Hour" in 1972. CBS/Getty Images Burnett poses with her memoir "One More Time" at a book signing in Beverly Hills, California, in 1986. Will Hart/NBC/Getty Images Carol Burnett Square was unveiled in Los Angeles in front of her alma mater, Hollywood High School, in 2013.

☆ Inside the Wild World of Celebrity Keynote Speakers: Drugs, Alcohol
▼ + stars: | 2023-04-23 | by ( David Kushner | ) www.businessinsider.com time to read: +31 min

"I never saw myself as a speaker, let alone a motivational speaker," Leonard tells me while his assistant irons his jeans. 'When I ramble," Hunter told me, "hit me in the leg!" Every plane had been grounded, including the one stuck on the tarmac with an increasingly inebriated Hunter Thompson trapped inside. But by far the most all-consuming task was booking gigs for Hunter Thompson. Just before a debate with G. Gordon Liddy at Brown University, Hunter demanded that Betsy Berg, whom I now worked alongside at GTN, score him some crystal meth.

☆ Christine Lagarde says she has ‘huge confidence’ that the US won’t default on its own debt
▼ + stars: | 2023-04-16 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Christine Lagarde, president of the European Central Bank, said she has “huge confidence” the US will not allow the country to default on its own debt during an interview on CBS’ “Face the Nation” Sunday. “I just cannot believe that they would let such a major, major disaster happen,” Lagarde said, adding if a debt default did happen, it would have a “very, very negative impact” both in the US and around the world. “(The US is) a major leader in economic growth around the world. It cannot let that happen,” Lagarde said. It now expects economic growth to slow from 3.4% in 2022 to 2.8% in 2023.

☆ How two of North America's richest families came together to fortify Greg Fleming's Rockefeller Capital Management
▼ + stars: | 2023-04-10 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp., Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.

☆ Why two of North America's richest families are coming together to fortify Greg Fleming's Rockefeller Capital Management
▼ + stars: | 2023-04-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp, Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.

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