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☆ In Gaza, Even Poetry and Toilets Aren’t Safe From Thieves
▼ + stars: | 2024-08-03 | by ( Bilal Shbair | Erika Solomon | ) www.nytimes.com time to read: 1 min

As he perused a market selling everything from stolen children’s shoes to battered plumbing pipes, Mahmoud al-Jabri was surprised to find something familiar: his own book collection. Among the collection was his first published work of poems, with his handwriting scrawled along the margins. Even more shocking than seeing the book he had toiled for years to create was that the vendor wanted a paltry 5 shekels, or about $1, for it. The salesman suggested using the pages for kindling. “I was torn between two feelings,” he said, “laughter and bitterness.”

Persons: Mahmoud al, Jabri, “, ”

Molly Solomon, NBC's executive producer of the Olympics, referred to Snoop Dogg as an "ambassador of happiness" during a press call this week. Pumped-up audienceNBCUniversal had been banking on the success of the Paris Olympics, and Snoop Dogg, for the past few years. The following year, NBC's executives met with Snoop Dogg to discuss his future place in the Olympics broadcast, she said. Ahead of the Games, Snoop Dogg was also present at the Olympic trials earlier this summer, and since then has popped up in various places. Snoop Dogg cheers the USA team for women's gymnastics at the 2024 Paris Olympics.

Persons: Snoop Dogg, Arturo Holmes, Molly Solomon, We've, Snoop, Solomon, Denis, Victoria Valdivia, Hans Lucas, Billie Jean King, Caeleb, Michael Phelps, Krissy Birdsall, NBCUniversal, Kevin Hart, Peacock, Dogg, Carl Recine, NBC's, Mike Tirico, …, Tirico, Kelly Clarkson, Peyton Manning, Ralph Lauren, Kendall Wright, Coco Gauff, Kelly Cheng, Wally Skalij, it's, John Fortunato, Alex Cooper, Jenna Mindes, we've, Rick Cordella, Bob Costas, Al Michaels Organizations: Bercy Arena, Getty, NBC, Comcast, Games, AFP, Team USA, University of Wisconsin, Paris Olympics, Tokyo Games, Eiffel, CNBC, Olympics, National Football League, Northwestern University, USA, Los Angeles Times, Fordham University Gabelli School of Business, NBC Sports, Paris Locations: Paris, U.S, Paris —, Seine, France, Victoria, Madison, Tokyo, USA, Woodcliff Lake , New Jersey, Minneapolis

☆ OpenAI's releasing a new AI model soon, and there's a lot at stake
▼ + stars: | 2024-07-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, what to expect from OpenAI's newest AI model that's in the works. GPT-5, the newest model upgrade for OpenAI's chatbot, is coming soon . AdvertisementOpenAI has a lot riding on its newest model, including its ability to get customers to cough up more cash. That's not ideal for a company that's preparing to take on one of the biggest juggernauts in tech: Google's Search.

Persons: —, Z's, Let's, Nordin Catic, OpenAI, Darius Rafieyan, Darius, ChatGPT, Justin Sullivan, Chelsea Jia Feng, it's, Sam Altman, Ned Davis, David Solomon, Goldman Sachs, David Zalubowski, Chiang Ying, Mark Zuckerberg, Jensen Huang, Alexa von Tobel, Tyler Le, Mark Zuckerberg's, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Getty, OpenAI, Ned Davis Research, Blackstone, Harvard, Microsoft, Starbucks, Apple, Apple Intelligence, Fed, Meta, Boeing, Kraft Locations: undergrad, New York, China, London

☆ Kamala Harris’ coalition takes shape with ‘new energy’ from fraying Biden alliance
▼ + stars: | 2024-07-31 | by ( Jeff Zeleny | Eric Bradner | ) edition.cnn.com time to read: +9 min

There’s a new energy that we didn’t have previously,” said Dean, who owns a coffee shop in northwest Detroit. “It’s not just we have an opportunity to make history,” said Dean, who also leads the Michigan Black Business Alliance. “This is America’s border czar – and she’s failed us,” a narrator says over video of Harris dancing at an event. The narrator describes the vice president as “Failed. “How are you feeling about the switch from Biden to Harris?” Stevens asked.

Persons: Dean, Joe Biden, Donald Trump, Kamala Harris, “, ”, Harris, “ It’s, ’, Charles Williams, Joe Biden’s, ” Williams, Biden, –, she’s, ” Trump, Trump, That’s, Rosa, Harris ’, we’ve, ” Dean, “ I’ve, Anna Moneymaker, “ Uncommitted ”, Biden –, Abdullah Hammoud, “ Wth, Hammoud, Benjamin Netanyahu, ‘, Haley Stevens, ” Stevens, Stevens, Reuben Maxbauer, I’m, There’s Organizations: Detroit CNN, Democratic, Biden, Trump, Harris, Michigan Black Business Alliance, Historic King Solomon Baptist Church, “, Democratic National Convention, Liberal, Michigan, Electoral, Michigan Democrats, Dearborn, CNN, Israeli, Trump . Make, Democrats Locations: Detroit, Michigan, Chicago, Central America, Pennsylvania, Wisconsin, Arizona , Nevada , North Carolina, Georgia, Grand Rapids , Michigan, Dearborn, Israel, Gaza, Oakland County

☆ Mercury could have an 11-mile underground layer of diamonds, researchers say
▼ + stars: | 2024-07-31 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

This mechanism, the researchers say, can not only give us more insight into the secrets hidden below Mercury’s surface, but on planetary evolution and the internal structure of exoplanets with similar characteristics. Mercury owes its gray surface to the widespread presence of graphite, which is a form of carbon. Also known as the Mercury Surface, Space Environment, Geochemistry and Ranging mission, it gathered data about the planet’s geology, chemistry and magnetic field, before the spacecraft ran out of fuel and impacted the surface. “However, some lavas at the surface of Mercury have been formed by melting of the very deep mantle. “Only future missions to the planet Mercury will tell whether these predictions were correct.

Persons: ”, Bernard Charlier, it’s, Yanhao Lin, ” Charlier, Lin, Charlier, —, Giuseppe “ Bepi ”, Sean Solomon, Solomon, landers, ” Solomon, BepiColombo, Manley, Felipe González, González, ” González, “ Organizations: CNN, Mercury, University of Liège, NASA, Johns Hopkins University Applied Physics Laboratory, Carnegie Institution of Washington Mysterious, Center for, Science, Technology, Research, Nature Communications, MESSENGER, European Space Agency, Japan Aerospace Exploration Agency, Columbia University, ESA, University of California Locations: Mercury, Belgium, Beijing, Italian, Giuseppe “ Bepi ” Colombo, New York City, Berkeley

☆ Watch CNBC's full interview with Goldman Sachs chairman and CEO David Solomon
▼ + stars: | 2024-07-30 | 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 Goldman Sachs chairman and CEO David SolomonGoldman Sachs chairman and CEO David Solomon joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, M&A landscape, 2024 election, latest market trends, state of crypto, and more.

Persons: Goldman Sachs, David Solomon Goldman Sachs, David Solomon

☆ Bank of America names Goldman Sachs its top financial pick, gives 3 catalysts that will drive the shares
▼ + stars: | 2024-07-30 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Bank of America analysts are growing more bullish on Goldman Sachs after meeting with chairman and CEO David Solomon. BofA reiterated a buy rating on Goldman Sachs in a note on Tuesday that summarized the meeting, alongside a $563 per share price target. GS YTD mountain Goldman Sachs stock. "We believe it is one of the best financial franchises (and among the strongest risk managers) globally at relatively discounted valuations on mid-teens ROE potential," Poonawala said. Goldman Sachs stock has advanced about 31% in 2024 through early trading Tuesday.

Persons: Goldman Sachs, David Solomon, BofA, Goldman, ROE resiliency, Ebrahim Poonawala, headwinds, Solomon, ROE, Poonawala Organizations: of America, Goldman, Wall Locations: Goldman Sachs

☆ Goldman Sachs CEO David Solomon on the Olympics, Fed's rate path and M&A landscape
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs CEO David Solomon on the Olympics, Fed's rate path and M&A landscapeGoldman Sachs chairman and CEO David Solomon joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, M&A landscape, 2024 election, latest market trends, state of crypto, and more.

Persons: Goldman Sachs, David Solomon

☆ Goldman's CEO reverses course, now expects up to 2 rate cuts in 2024
▼ + stars: | 2024-07-30 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

The Fed will likely cut rates once or twice this year, Goldman Sachs CEO David Solomon says. Solomon previously predicted no rate cuts for this year, but says he now sees more promising data. AdvertisementTwo months ago, Goldman Sachs CEO David Solomon said the Federal Reserve was unlikely to cut rates at all in 2024. Now he's predicting one or two cuts this fall as economic data becomes more promising. "I've been more cautious about interest rate cuts all year than the general consensus," he told CNBC in a Tuesday interview.

Persons: Goldman Sachs, David Solomon, Solomon, —, I've Organizations: Service, Federal Reserve, CNBC, Business

☆ Paris Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
▼ + stars: | 2024-07-26 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

In this article CMCSA Follow your favorite stocks CREATE FREE ACCOUNTThe Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of the 2024 Paris Olympic Games and Paralympic Games. Chesnot | Getty ImagesThe Paris Olympics will offer Comcast another chance to lift its streaming platform, Peacock, as it aims to not only attract more subscribers but keep them. But most importantly, Peacock will air the entirety of the Summer Olympics for the first time. The 2020 Tokyo Olympics, which were held in 2021 due to the Covid pandemic, drew the lowest-ever audience for the Summer Games. The Beijing Olympics in 2022 had the lowest viewership ever for the Winter Games, which are notably smaller than the Summer Olympics.

Persons: Peacock, it's, Comcast's, Craig Moffett, they've, Molly Solomon, Kelly Campbell, Simone Biles, Lindsey Wasson, NBCUniversal, Mike Tirico, Grant Fisher, Abdihamid Nur, Patrick Smith Organizations: Olympic, Olympic Games, Paralympic Games, Chesnot, Comcast, Olympics, Ariake Gymnastics, NBC Radio, NBC, Summer Games, Beijing, Winter, Paris Games, Summer, Games, Australia, Team USA, Hayward Field, Getty Locations: Paris, MoffettNathanson, East Coast, U.S, Tokyo, United States, Japan, France, of Versailles, USA, men's, Eugene , Oregon

☆ Get a first look at Goldman Sachs' logo and website revamp that's been years in the making and is estimated to have cost millions
▼ + stars: | 2024-07-25 | by ( Emmalyse Brownstein | Reed Alexander | ) www.businessinsider.com time to read: +9 min

Two of these people said the aim of the years-long redesign — which also includes a fresh look for the Goldman website — was to give the firm's marketing materials a more "premium" feel. The photo was recently posted on Goldman's LinkedIn page Screenshot from Goldman Sachs' LinkedIn page"The Goldman Sachs wordmark is a piece of custom typography inspired by our heritage," the brand guidelines obtained by BI say. These people say they understand the changes cost Goldman Sachs millions of dollars. A screenshot of Goldman's website redesign plan with the G and the S joined on the right. Now fresher, brighter, and optimized for digital, the new Goldman Sachs blue is the only Goldman Sachs blue."

Persons: —, Goldman Sachs, Sachs, Emmalyse, David Solomon, Goldman Sachs wordmark, Goldman, Fiona Carter, Jones Knowles Ritchie —, Burger, Marcus, Reed Alexander Organizations: Service, Business, Goldman, BI, Goldman's, GS, Apple Locations: Goldman, Sachs, British

☆ 2024 Paris Olympics viewer’s guide: NBC’s plans, Snoop Dogg, and the big ratings question
▼ + stars: | 2024-07-24 | by ( Richard Deitsch | ) www.nytimes.com time to read: +18 min

Follow our Olympics coverage in the lead-up to the Paris Games. The Paris Games will have more programming hours on the NBC broadcast network than any previous Olympics. NBC is upping its celebrity presence for its Olympic coverage in Paris, headlined by Snoop Dogg. “Research shows that it is a challenge to keep viewers after 10 p.m. ET,” NBC Olympics producer Rob Hyland said. NBCUniversal owns the U.S. media rights to the Olympic Games through 2032, so Paris (2024), Milan-Cortina (2026), Los Angeles (2028) and Brisbane (2032).

Persons: Peacock, Molly Solomon, NBC’s, “, ” Solomon, Solomon, Snoop, Snoop Dogg, Christian Petersen, Kelly Clarkson, Peyton Manning, Mike Tirico, Alex Cooper, Leslie Jones, Kevin Hart, Kenan Thompson, Colin Jost, Cooper, Simone Biles, Manning, Ryan Crouser, Jones, Katie Ledecky, Sha’Carri Richardson, Lily Collins, Anna Hall, Ledecky, LeBron James, Sydney McLaughlin, Kelly Campbell, Peacock’s, Scott Hanson, Andrew Siciliano, Jac Collinsworth, Matt Iseman, Akbar Gbajabiamila, ”, Al Michaels, Mark Lazarus, Sanya Richards, Ross, Rowdy Gaines, Tim Daggett, Laurie Hernandez, Samantha Peszek, Misty, Julie Foudy, Dwyane Wade, LaChina Robinson, Michael Phelps, Dan Hicks, Gaines, Maddie Meyer, they’ll, Rob Hyland, Andres Cantor, Rebecca Lowe, Craig Melvin, Ahmed Fareed, Damon Hack, Maria Taylor, Cara Banks, Laura Britt, Trenni Casey, Lindsay Czarniak, Carolyn Manno, Kathryn Tappen, John Roethlisberger, “ John, He’s, …, breaststroker Lilly King wagged, Ryan Murphy, Sunny Choi, Victor Montalvo, Joe Gesue, Ron Vaccaro, NBCU, it’s, NBCUniversal, Rick Cordella, Dan Goldfarb, Stuart Franklin Organizations: Paris, NBC, Paris Games, U.S, Tokyo Olympics, Olympics, NBC Olympics, NBC’s, Getty, NBC Sports, Tokyo Games, Beijing, Games, USA, CNBC, Golf Channel, Telemundo, Universo, NBCOlympics.com, “, ”, NFL, NBCUniversal Media, Paris La Défense, Research, Olympic, Grand Palais, Concorde, NBC Sports ’, Olympic Games, Cortina Locations: Paris, Beijing, Pyeongchang, South Korea, Central, Pacific, U.S, Paris ”, Teahupo’o, Tahiti, Rio de Janeiro, Brazil, China, Rio, Tokyo, Peacock, United States, Versailles, Grand, London, Russian, Norway, South Carolina, Milan, Los Angeles, Brisbane, French

☆ Gen X is in charge now and boomers are being shown the door
▼ + stars: | 2024-07-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Harris is 59 and was born October 20, 1964 — putting her just weeks outside the Gen X range which is generally thought to span 1965 to the early 1980s. His successor has not been confirmed, but one name being floated is his Gen X lieutenant Stephanie Pope. Could the House of Mouse soon have its first Gen X leader? The picture is not completely clear on how Gen X bosses differ from their predecessors on issues such as remote work and the role of AI in the workplace. AdvertisementIt won't be long, though, until Gen X has a majority grip over power.

Persons: —, Gen, Joe Biden's, Kamala Harris, Harris, Xer —, XCX, Joe Biden, Justin Sullivan, boomer Barack Obama, Donald Trump, Sen, JD Vance, Bush, Clinton, Biden, Obama, John McCain, Mitt Romney, HSBC's, Noel Quinn, Georges Elhedery, Xer, David Calhoun, Stephanie Pope, Dave Calhoun, Aaron Schwartz, Gen X, Ron Vachris, Craig Jelinek, Macy's, Tony Spring, Xers, Jamie Dimon, David Solomon, Goldman Sachs, Bob Iger, boomer Bob Chapek, Iger, Brendan McDermid, Tim Cook, Steve Jobs, Jensen Huang, Dimon, Jenn Piepszak, Troy Rohrbaugh, X'ers, JPMorgan Chase, Alex Brandon, Mouse, We'll Organizations: Service, Democratic Party, Business, Democratic, Trump, Boeing, Gen, Gen X Costco, Microsoft, Google, Walmart, Tesla, ExxonMobil, JPMorgan, Blackstone, septuagenarians, Disney, Apple Locations: BlackRock, Silicon Valley, America

☆ Watch CNBC's full interview with TD Cowen President Jeffrey Solomon
▼ + stars: | 2024-07-22 | 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 TD Cowen President Jeffrey SolomonJeff Solomon, TD Cowen President, joins 'Money Movers' to discuss the upcoming election and its influence on the markets.

Persons: Cowen, Jeffrey Solomon Jeff Solomon, TD Cowen

☆ TD Cowen President Jeffrey Solomon: The market could continue to move higher
▼ + stars: | 2024-07-22 | 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 EmailTD Cowen President Jeffrey Solomon: The market could continue to move higherJeff Solomon, TD Cowen president, joins 'Money Movers' to discuss the upcoming 2024 elections and how the latest developments in politics have had an impact on the markets.

Persons: Cowen, Jeffrey Solomon, Jeff Solomon, TD Cowen

☆ Investment banking is back — and the recovery is just getting started
▼ + stars: | 2024-07-21 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Investment banking was the rock star of big bank earnings this season. For Club stock Morgan Stanley, investment banking revenues surged 51% year over year with equity underwriting fees jumping over 56%, and advisory fees increasing over 30% from the year-ago period. Wells Fargo's investment banking revenues, which fall underneath its corporate and investment banking (CIB) division, jumped 38% year over year. "The investments we have been making allowed us to take advantage of the market activity in the quarter with strong performance in investment advisory, trading and investment banking fees." And good news for investors, it doesn't look like the rebound in investment banking is slowing anytime soon.

Persons: Morgan Stanley, Wells, JPMorgan Chase, Goldman Sachs, Goldman, Morgan, We've, Morgan Stanley's, NII, Charlie Scharf, Ted Pick, we're, David Solomon, Donald Trump, Jim Cramer's, Jim Cramer, Jim, JPMorgan Organizations: JPMorgan, Bank of America, Citigroup, Citi, Investment, IB, Federal Reserve, Wells, CNBC, CIB, Morgan, Wall, Citibank, JPMorgan Chase, Reuters Locations: Wells Fargo, Wells, U.S

☆ Wall Street 'bake offs' are back. Here's what it means for dealmaking, according to Morgan Stanley CEO Ted Pick.
▼ + stars: | 2024-07-16 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Read previewWhen Morgan Stanley reported earnings on Tuesday, it wasn't the first bank to make hay over the coming "investment-banking rebound." Top executives up and down across Wall Street have been talking for days about their predictions that Wall Street's bread-and-butter business of advising and financing deals could soon come roaring back. And the parade of optimism has only heated up this year as investment-banking revenues have started the slow climb from historical lows. AdvertisementIB revenues surgingLike many of the other Wall Street banks that reported earnings in recent days, Morgan Stanley saw investment-banking revenues soar in the second quarter. And as Pick said on Tuesday, Wall Street is getting excited about more than just traditional dealmaking, but also the financing and other hedging strategies that come with companies getting off the sidelines.

Persons: —, Morgan Stanley, Mike Mayo, Mayo, Morgan, Ted Pick, Pick, Goldman Sachs, Goldman, Solomon, Chase, It's, It'd Organizations: Service, Wells, Wells Fargo Securities, Business, Wall, Reserve, quicken, Goldman, Bank of America Locations: Wells Fargo, issuances, Mayo

☆ Why Goldman Sachs thinks the merger machine is revving up
▼ + stars: | 2024-07-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +7 min

"We are seeing a material increase in client demand for committed acquisition financing, which we expect to continue on the back of increasing M&A activity," he said. "We're seeing it in our dialogue with sponsors," Solomon said. On the strategic side, Goldman advised on the roughly $60 billion sale of the oil and gas company Pioneer to Exxon. Solomon said Goldman also expects to benefit from the uptick in demand through its lending capabilities. "When there are more M&A transactions, whether it was financial sponsors or big corporates, there is more financing attached to that," he said.

Persons: —, Goldman Sachs, David Solomon, Goldman, Solomon, Jamie Dimon, JPMorgan Chase, didn't, Dimon, Donald Trump, I'm, Permira Organizations: Service, Business, Investment, JPMorgan, Federal, Exxon Locations: Silicon Valley

☆ Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects
▼ + stars: | 2024-07-15 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here's what Wall Street expects:Earnings: $8.34 per share, according to LSEGRevenue: $12.46 billion, according to LSEGTrading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per StreetAccountInvesting Banking Revenue: $1.80 billion, according to StreetAccountExpectations have been set high for Goldman Sachs, with Wall Street businesses in the midst of a rebound after a dismal 2023. That's because out of the six biggest U.S. banks, Goldman is the most reliant on investment banking and trading to generate revenue. On Friday, rivals JPMorgan Chase and Citigroup both topped expectations thanks to surging investment banking fees and better-than-expected equities trading results. Bank of America and Morgan Stanley report results on Tuesday.

Persons: Goldman Sachs, Goldman, David Solomon, Morgan Stanley Organizations: LSEG Revenue, Trading, Wall, JPMorgan Chase, Citigroup, Bank of America

☆ Dimon and other Wall Street CEOs react to Trump assassination attempt: 'Deeply saddened' by violence
▼ + stars: | 2024-07-15 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

The leaders of Wall Street's most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend. JPMorgan Chase CEO Jamie Dimon told employees Sunday that he and his management team were "deeply saddened by the political violence" and attempt on Trump's life. The shooting killed one bystander and injured two more. "We are grateful that he is safe and also want to extend my sincere condolences to the families of those who were tragically killed and severely injured," Solomon said. Wall Street firms don't officially endorse political candidates since they have to deal with both Republican and Democrat officials, though their executives and employees often donate to campaigns.

Persons: Wall, Donald Trump, JPMorgan Chase, Jamie Dimon, Dimon, Goldman Sachs, David Solomon, Solomon Organizations: JPMorgan, Wall, Republican, Democrat

☆ Proxy advisor ISS says Masimo change is 'absolutely necessary' in brutal report
▼ + stars: | 2024-07-15 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Joe Kiani, Founder, Chairman & CEO, Masimo; on Startup University Stage on day three of Collision 2024 at the Enercare Centre in Toronto, Canada. Masimo under Kiani's leadership "has continued to display a dangerous lack of accountability to shareholders that will require additional board change to rectify," ISS wrote. By contrast, ISS wrote, Politan "has presented a logical plan" and nominees which "appear to be appropriate." ISS wrote that such threats were unacceptable. "Under no circumstances should shareholders ever abide ultimatums or threats from a CEO, at MASI or anywhere else," the proxy advisor wrote, referring to Masimo's stock ticker.

Persons: Joe Kiani, Masimo, Bill Jellison, Darlene Solomon, Glass Lewis, Kiani, Biden, Kiani's Organizations: Enercare, Services, CNBC, Politan Capital, ISS, Politan Locations: Toronto, Canada, MASI

☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

Villagers watch the sunset over a small lagoon near the village of Tangintebu on South Tarawa in the central Pacific island nation of Kiribati May 25, 2013. CHINESE INTEREST AS WESTERN BANKS EXIT"The proposed World Bank project is a creative way of addressing the challenge of de-risking and small scale in Pacific Island countries," said Lalita Moorty, the World Bank's East Asia and Pacific director for prosperity. Without access to overseas banks, Pacific countries would struggle to receive remittances - a key component of their economies - welcome holidaymakers or trade with the wider world. "It can create instability for the financial system," said Denton Rarawa, senior economics adviser at the Pacific Islands Forum. "What we're saying is that if you're not going to address concerns and issues we have, Pacific countries will start looking elsewhere for support."

Persons: David Gray, Solomon, Lalita Moorty, Denton Rarawa, Mark Brown, Janet Yellen, Ariff Ali, Lewis Jackson, Lucy Craymer, Ziyi Tang, William Mallard Organizations: REUTERS, Villagers, WELLINGTON, Bank, U.S, Pacific Islands, World Bank, Pacific, ANZ Bank, Westpac, Bendigo Bank, Bank of China, Reuters, Cook, U.S . Treasury, Federal Reserve, Reserve Bank of Fiji, Thomson Locations: Tangintebu, South, Pacific, Kiribati, SYDNEY, Australia, China, Washington, Nauru, Solomon Islands, Taiwan, Beijing, U.S, East Asia, Papua New Guinea, Vanuatu, Tonga, Samoa, Brisbane, Pacific Islands, Sydney, Wellington

☆ Proxy advisor backs activist Politan nominees in scathing Masimo report
▼ + stars: | 2024-07-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Proxy advisory firm Glass Lewis on Thursday recommended that shareholders of Masimo , the medical technology firm best known for its Apple Watch patent litigation, elect dissident Politan's two nominees, Bill Jellison and Darlene Solomon. Masimo's board includes Kiani, former Disney CEO Bob Chapek and Politan managing member Quentin Koffey, who overwhelmingly won the election last year. Glass Lewis tacitly endorsed that criticism in its report, writing that the company displayed "de minimus responsibility" and "poor governance." Alongside its larger peer Institutional Shareholder Services, though, Glass Lewis reports are considered highly important to passive investors. Glass Lewis responded to RTW with an offer to meet on July 8, shortly after Politan's allegations were publicized in an SEC filing.

Persons: Joe Kiani, Glass Lewis, Politan's, Bill Jellison, Darlene Solomon, Kiani, Bob Chapek, Quentin Koffey, Kiani —, Politan, Jellison, RTW, Christopher Chavez, RTW's Organizations: Enercare, Masimo, Apple Watch, CNBC, Disney, Services, ISS, Kiani, SEC Locations: Toronto, Canada, Solomon, Politan

The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. Eramet is being closely watched by competitors from the U.S. to Chile that are also working to commercialize DLE. It aims to pump out its first ton of lithium carbonate in November and scale up to 24,000 metric tons a year by mid-2025. The technique allows Eramet to produce a ton of lithium carbonate in one week, versus a year with traditional methods. "You go step by step, making sure you can get to the next phase," said engineer Soledad Gamarra.

Persons: Eramet, Christel Bories, Joe Lowry, Soledad Gamarra, Mara Puntano, John Li, Tsingshan, Bories, Daina Beth Solomon, Salar Centenario, Ernest Scheyder, Lucila Sigal, Veronica Brown, Richard Chang Organizations: Reuters, Battery Metals, Initiative for, Mining Assurance, America, Thomson Locations: SALAR CENTENARIO, Argentina, Argentina's, U.S, Chile, Salta, Rio Tinto, South, Eramet's Centenario, Eramet's, Salt Lake City, U.S ., Utah, China, Asia, Salar, Houston

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