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Rep. Ritchie Torres once chided Biden doubters, but now says Dems must assess "cold hard numbers." Sen. Richard Blumenthal supports Biden, but said that he is "deeply concerned" about the election. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn Monday, Rep. Ritchie Torres of New York chided his fellow Democrats for the "drip, drip, drip of public statements of no confidence" about President Biden. On Wednesday, Rep. Torres added to that drip himself, though did not explicitly call on the president to bow out of the race.
Persons: Ritchie Torres, Biden doubters, Sen, Richard Blumenthal, Biden, , New York, Torres, Joe Biden Organizations: Service, New, Business
Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo Purchase Licensing Rights New Tab , opens new tabNEW YORK, July 10 (Reuters) - Bill Ackman's firm Pershing Square Capital Management will put $500 million into its new U.S.-listed investment holding company, the hedge fund manager said in a presentation on Wednesday. The $500 million anchor investment will be held for at least 10 years, he said. Since its launch two decades ago, Ackman's hedge fund returned 16.5% a year. Had it existed in its current form, Pershing Square USA would have returned 19.4% during that time, he said.
Persons: Bill Ackman, Richard Brian, Bill Ackman's, Ackman, Svea Herbst, Bayliss, David Gregorio Our Organizations: Pershing Square Capital Management, REUTERS, Pershing, Capital Management, USA, New York Stock Exchange, Svea, Thomson Locations: Las Vegas , Nevada, U.S
Read previewBoeing has agreed to plead guilty to one count of fraud conspiracy, the Justice Department said in a Sunday court filing. In May, the Justice Department said Boeing failed to "design, implement, and enforce a compliance and ethics program." AdvertisementSunday's plea deal will see Boeing pay an additional $243.6 million — the same criminal penalty as in 2021. Advertisement"This sweetheart deal fails to recognize that because of Boeing's conspiracy, 346 people died," he said in a statement. Government contractsBy pleading guilty to fraud conspiracy, Boeing will have committed a felony — jeopardizing its government contracts.
Persons: , it's, Paul Cassell, Sunday's, Richard Blumenthal Organizations: Service, Boeing, Justice Department, DoJ, Business, Alaska Airlines, Street Journal, FBI
How to position your portfolio
  + stars: | 2024-07-08 | 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 position your portfolioRichard Bernstein, Richard Bernstein Advisors CEO, joins 'Power Lunch' to discuss markets, the Fed, and the 'Magnificent 7'.
Persons: Richard Bernstein
The outlet reported that SpaceX's operations have caused explosions, fires, leaks, and other issues at least 19 times since 2019. The species is listed as "threatened" by the US Fish and Wildlife Service. The company's environmental practices have caused friction with government agencies like the National Park Service and the US Fish and Wildlife Service. The outlet reported that SpaceX hired a consultant to track bird patterns, and its researchers "found little to no evidence" of changes to the local bird population. A former National Park Service official, Mark Spier, said SpaceX "misled" officials.
Persons: , CHANDAN KHANNA, Elon Musk, Richard Bord, they're, Gary Henry, Mark Spier, SpaceX Organizations: Service, The New York Times, Business, Boca, Boca Chica State, US Fish and Wildlife Service, Getty, National Park Service, Fish and Wildlife Service, Federal Aviation Administration, SpaceX, Times, Pentagon, US Fish, NASA Locations: Southern Texas, Starbase, Boca Chica, Boca Chica , Texas, North Carolina
On the upside, you get the best view in the house for the most famous tennis tournament in the world. The Royal Box at Wimbledon is an unending source of fascination for people ostensibly tuning in to watch some top-class sport. Guardiola and Williamson acknowledged the crowd, as is traditional in the Royal Box on middle Saturday. You get drinks on arrival, served on the balcony behind Centre Court, which overlooks some of the smaller courts. The invitation reads: ‘The Chairman and Committee of Management of The Championships request the pleasure of the company of [insert name] & Guest in the Royal Box on [insert date].
Persons: Jeff Bezos, David Attenborough, Princess, Wales, Kylie Minogue, Prince Albert of Monaco, Pep Guardiola, Bear Grylls, David Beckham, Samuel L Jackson, David Cameron, Sachin Tendulkar, Richard Branson, Alex Ferguson, James Bond, Christopher Eubanks, Debbie Jevans, Jevans, Pat Cummins, Niamh Cusack, Sir John Timpson, Keir Starmer’s, Theresa May, Sir David Attenborough, Katherine Jenkins, Dave Grohl, Olga Morozova, Ian Hewitt, Dame Sarah Gilbert, Gilbert, Irene Tracey, Dame Ruth Beverley, Nazanin Zaghari, Ratcliffe, Andy Murray’s, Murray, Zaghari, Roger Federer, Ryan Peniston, Karwai Tang, Pierce Brosnan, Anna Wintour, Russell Wilson, Sam Mendes, Eddie Redmayne, Sienna Miller, Jude Law, Ian McKellen, Maggie Smith, Michael McIntyre, Duke, Duchess of Kent, Prince Michael of Kent, Queen Elizabeth II, Geordie Greig —, , George Osborne, John Witherow, they’re, Guardiola, Williamson, Andrej Isakovic, Mark Philippoussis, Roger Federer’s, Conchita Martinez, Leah Williamson, Denise Lewis, Ben Stokes, Beckham, Gareth Southgate, Jordan Henderson, Geoff Hurst, Bobby Charlton, Luke Donald, Rory McIlroy, Ernie Els, Sergio Garcia, David Haye, Chris Hoy, Kelly Holmes, Nicola Adams, Jessica Ennis, Hill, you’ve, Aaron Chown, Tom Cruise ”, Lewis Hamilton, Novak Djokovic, ” sniffed, , ” Alan Chalmers, didn’t, , Pippa Middleton, Ilie Nastase, Serena Williams’s, hasn’t, Boris Becker, Eamonn Dalton Organizations: National Health Service, Wimbledon, Court, Lawn Tennis, Green Sport, Conservatives, Foo Fighters, BBC Radio, Royals, Evening, The, England women’s, European, Getty, Manchester City, Augusta, British, The New York Times, Olympic, Management, Inter Miami CF ’, “ Wimbledon Locations: British, Iran, Ratcliffe, Wales, That’s, London, AFP, England, Marbella, it’s, Romanian
New York CNN —Saks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. “We’re thrilled to take this step in bringing together these iconic luxury names, Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman,” said HBC CEO Richard Baker in a release. Saks has 39 stores, while Neiman Marcus, which filed for bankruptcy in 2020, has 36 stores. Neiman Marcus also owns Bergdorf Goodman. Both of them will report to Baker, who becomes the executive chairman of Saks Global.
Persons: New York CNN —, Neiman Marcus, Bergdorf Goodman, “ We’re, , Richard Baker, Marc Metrick, Ian Putnam, Baker, Louis Vuitton, Michael Kors, ” Neil Saunders, , Amazon, Saunders Organizations: New, New York CNN, New York CNN — Saks Fifth, Saks, HBC, Saks Fifth, Saks Global, HBC Properties, Canadian, Brands, Neiman, Capri, GlobalData, Federal Trade Commission, FTC Locations: New York, Hudson’s, Glendale , California, Columbus , Ohio
Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. "We're thrilled to take this step in bringing together these iconic luxury names," HBC CEO Richard Baker. "This is an exciting time in luxury retail," Baker added, citing technological advancements that can "redefine" the customer experience. Neiman Marcus Group CEO Geoffroy van Raemdonck called the partnership a "proactive choice in an evolving retail landscape."
Persons: Neiman Marcus, Bergdorf Goodman, We're, Richard Baker, Baker, Marc Metrick, Ian Putnam, Geoffroy van Raemdonck, what's Organizations: Saks Fifth, HBC, Saks Global, Saks, HBC Properties, Investments, Neiman
A great book can challenge your perceptions, shape your worldview, and impart messages that stay with you forever. Six books that billionaire Virgin Group founder Richard Branson has read over the course of his life have left that sort of lasting effect. Most recently, in April, he released his audiobook memoir, "Losing and Finding My Virginity: The Full Story." Branson calls it "a very entertaining read that has always stayed with me." On "Start With Why," Branson says: "My key takeaway was that it doesn't matter what you do, but why you do it ….
Persons: Richard Branson, Branson, Bryan Stevenson Stevenson, Walter McMillian, Jamie Foxx, Luke Rhinehart, George Cockcroft, Simon Sinek Sinek, Elizabeth Nyamayaro Branson, Nyamayaro Organizations: Virgin Group, CNBC, New York University, Equal, Initiative, Virgin Records, United Nations, UNICEF Locations: Africa, Zimbabwe
Read previewYou may have heard a version of the phrase, "AI won't take your job, it's somebody using AI that will take your job." Should you be more worried about losing your job to a human using AI or to the AI itself? He said software engineers who didn't experiment with AI tools usually didn't get the job. He asks all new hires what AI tools they use. "I think that the same is true of some of these basic, AI tools," he added.
Persons: , Richard Baldwin, Baldwin, it's, Jasmine Escalera, LiveCareer, Matt Betts, Morgan Stanley, Klarna, Mira Murati, Carl Benedikt Frey, Goldman Sachs, Escalera, Steve Kaufer, Logan Bartlett, Kaufer, Miller Organizations: Service, Growth, Business, Bain & Company, RHR, MIT, Stanford, IBM, Oxford University, Empire Entertainment
MADOFF: The Final Word, by Richard BeharWe don’t yet have “Madoff: The Musical,” but years after his 2021 death from kidney disease in a federal prison hospital, Bernie the Ponzi-scheming potentate keeps yielding cultural dividends. As its own author, Richard Behar, admits: doubtful. Along with many, many secondary interviews, he visited Madoff in prison thrice; talked to him on the phone about 50 times; and received from him dozens of handwritten letters and hundreds of emails. For every dollar he stole, Madoff seems to have generated at least one piece of regular paper. orgy: burlap bags of the scraps taken to a nearby recycling plant, his secrets “dissolving to mulch.”
Persons: MADOFF, Richard Behar, Madoff, Bernie, potentate, Robert De Niro, Behar, Organizations: Lincoln Center, Netflix, New York Times, of Scientology, U.S . Library of Congress Locations: Brooklyn
Rights groups are furious the Taliban meeting is going ahead without Afghan women, and say it legitimizes Afghanistan’s leaders and fails to hold them to account for grave injustices. Whatever we had, we spent it,” Arzo’s brother Ahamad, a 27-year-old journalist under threat from the Taliban due to his occupation, told CNN in November. Arzo told CNN what drove her suicide attempt. Pakistan’s policy on “illegal foreigners” is no different to that of other nations, Pakistani Ministry of Foreign Affairs spokeswoman Mumtaz Zahra Baloch told CNN. CNNArzo doesn’t want a life like that for herself, her sister, or the women and girls still in Afghanistan.
Persons: , Arzo, Javed Iqbal, ” Richard Bennett, Zabihullah Mujahid, , Richard Bennett, weren’t, – they’ll, They’re, Mahsa, Ahamad, Doctors, Arzo’s, CNN Arzo hadn’t, ” Mahsa, they’ve, can’t, Moniza Kakar, Rain, Kakar, Abbas, Mumtaz Zahra Baloch, Baloch, hadn’t, ” Amanullah, He’s, Amanullah, he’s, CNN Arzo, Heather Barr, ” Barr, “ It’s, Bennett, she’ll, “ I’m Organizations: CNN, Lifeline, International Association for Suicide Prevention, Befrienders Worldwide, Pakistan CNN —, United Nations, Human Rights, UN, Security, “ ACC ”, Afghan, ACC, Pakistani Ministry of Foreign, , Taliban, Human Rights Watch, International Court of Justice, Criminal Court, ICC Locations: Karachi, Pakistan, Pakistani, Afghanistan, CNN Pakistan, Doha, Qatar, Afghan, Kabul, Islamabad, , Soviet, , Canada, Israel, Gaza
I met with a group of 11th-grade math students who told me about their hopes for the future. “I don’t want to end up trapped at home and condemned to a domestic life,” one female student told me. Now, among the many other challenges facing girls and women under the Taliban’s rule, a mental health crisis has gripped the country. Now, more than 1,000 days later, school remains off limits for girls older than 12, and restrictions on education have expanded to universities. The Taliban now say education is “an internal matter,” and it remains unclear when — or if — schools will reopen to girls.
Persons: , , Organizations: United Nations, Taliban Locations: Afghanistan, United, Doha, Qatar
The tabletop simulation presented a hypothetical scenario in which cities like Dallas, Washington, DC, and Madrid were at risk of a large asteroid impact. "A large asteroid impact is potentially the only natural disaster humanity has the technology to predict years in advance and take action to prevent," Lindley Johnson, a NASA planetary defense officer emeritus, said in a press release. That's because they didn't think Congress would approve funding for a critical space mission to study the asteroid "unless impact became certain," NASA's summary said. Options for preventing an asteroid impact include shooting the asteroid with lasers, launching a nuclear bomb at it, or simply smacking a space probe into it to nudge it away from Earth. Participants weren't sure Congress would fund the mission unless the asteroid was a certain threat — not a 72% chance of threat.
Persons: , Lindley Johnson, Mitch McConnell, Chuck Schumer, Anna Moneymaker, Ed Whitman, Johnson, Richard Binzel, Binzel, it's Organizations: Service, NASA, Business, Capitol, US State Department, FEMA, Defense Interagency, JHU, MIT, NASA DART, National Academies of Sciences, Engineering, Medicine, Academies, White Locations: Dallas , Washington, Madrid, Europe, Japan, Canada, North America, Africa
"Do what you know" is common career advice, but not everyone agrees it's wise. Virgin Group co-founder and billionaire Richard Branson says it's the worst career advice he's ever received. In fact, Branson broke through by doing the opposite, he discussed on a recent episode of the Work Life with Adam Grant podcast. Branson — who has a $2.6 billion net worth, according to Forbes — built his career and fortune from the Virgin Group, a venture capital and holding company. While Branson sold the music label for nearly $1 billion in 1992, the Virgin Group now owns companies in sectors ranging from airlines and hotels to media and spaceflight.
Persons: Richard Branson, he's, Branson, Adam Grant, Branson —, Forbes —, Grant Organizations: Virgin Group, Branson, Virgin Records, Rice University Locations: Wharton
In today's big story, we're looking at the first — and somewhat unconventional — US presidential debate happening tonight . Evan Vucci/AP images, Manuel Balce Ceneta/AP images, Tyler Le/BIIt didn't come easy, and it won't feel quite the same, but we're getting our first US presidential debate tonight. AdvertisementBut don't be surprised by some noticeable differences from what you've come to expect when two presidential candidates face off. And this marks the first presidential debate the platform navigates under the Elon Musk regime. In other newsAdvertisementWhat's happening todayRFK Jr., who did not qualify for the CNN presidential debate, will answer debate questions via livestream during his campaign's counter-programming.
Persons: , Evan Vucci, Manuel Balce Ceneta, Tyler Le, Joe Biden, Donald Trump, it's, Insider's Brent D, Griffiths, Biden, Brent, Chris Szagola, Julien de Rosa, Alice Tecotzky, Cros, Sunny Verghese, Goldman Sachs, Goldman, Adam Posen, Posen, Bord, Jenny Chang, Rodriguez, Mustafa Suleyman, Alberto Miranda, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Trump, Biden, CNN, Fox News, MSNBC, Elon, Getty, Peterson, BI, NFL, RFK Jr Locations: Tesla . Texas, New York, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell has pulled off a soft landing, says Bowersock's Emily HillEmily Hill, Bowersock Capital Partners founding partner and Richard Bernstein, Richard Bernstein Advisors CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Powell, Emily Hill Emily Hill, Richard Bernstein Organizations: Bowersock Capital Partners
CNN —Iranian dissident rapper Toomaj Salehi had his death sentence overturned by the Iranian Supreme Court this week in what his lawyers have deemed a victory for human rights in Iran. After being briefly released from prison in 2023, Salehi was re-arrested for “making false claims and spreading lies,” according to Iranian judiciary news agency Mizan. On Saturday, his lawyer Amir Raesian broke the news of the reversal in a post on X, saying that the Iranian Supreme Court had “avoided irreparable judicial error” and overturned Salehi’s death sentence this week. The Supreme Court found that the death sentence delivered to Salehi was excessive and failed to comply with Iranian law,” the group said in a statement Saturday. London-based human rights lawyer Caoilfhionn Gallagher who is the international counsel for the Salehi family said it was “not enough” that his life had been “spared” by the Iranian authorities.
Persons: Toomaj Salehi, Salehi, Mahsa, Amir Raesian, , Iran’s, Chambers, Caoilfhionn Gallagher, Gallagher, ” Gallagher, Toomaj, ” “, Richard Branson, , Jemimah Steinfeld, ” Claudia Bennett Organizations: CNN, Iranian, Mizan, UN, Academy, Human Rights Foundation Locations: Iranian, Iran, Isfahan, London’s, London, British
New York CNN —For all the mistakes and safety problems Boeing has managed under CEO Dave Calhoun’s watch — resulting in a dozen corporate whistleblowers, multiple groundings and a chunk of a plane’s fuselage literally blowing off in midair — virtually no one has held him to account. But when pressed on taking personal responsibility, Calhoun deflected, over and over. “I am proud of every action we have taken,” Calhoun said when pressed by Hawley on how he could possibly be proud of Boeing’s safety culture. “I don’t think the problem’s with the employees, actually, I think the problem’s with you. It’s the C-suite, it’s the management, it’s what you’ve done to this company,” Hawley said.
Persons: CNN Business ’, Dave Calhoun’s, lavishing, Calhoun, Republican Sen, Josh Hawley, Boeing’s machinists, hasn’t, , ” Calhoun, Hawley, ” Hawley, they’re, Democratic Sen, Richard Blumenthal didn’t, you’ve, ” Blumenthal, “ I’m, ” Richard Aboulafia, Chris Isidore, ” Aboulafia, Organizations: CNN Business, New York CNN, Boeing, Airbus, Republican, Democratic, , Federal Aviation Administration, Department, Consultancy Locations: New York
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Boeing CEO Dave Calhoun will testify before a Senate panel on Tuesday about the company's safety and manufacturing crises after a door panel blew out of a nearly new 737 Max 9 jet in January. Last month Boeing pointed to a host of other changes to encourage workers to speak up about problems in its factories after several whistleblowers raised concerns about quality issues and retaliation. Spirit AeroSystems , a major supplier for both Boeing and Airbus, said last week that titanium entered the supply chain with falsified documents.
Persons: Dave Calhoun, Sen, Dan Sullivan, Calhoun, We've, Max, Richard Blumenthal, Conn, Mike Whitaker, Whitaker, AeroSystems Organizations: Boeing, Investigations, Justice Department, Alaska Airlines, Federal Aviation Administration, FAA, Southwest Airlines, United Airlines, Airbus Locations: Alaska, Hart, U.S
Boeing has been under intense scrutiny with numerous federal investigations and congressional hearings since a January 5 Alaska Air Boeing 737 Max flight had a door plug blow off, leaving a gaping hole in both the plane and Boeing’s reputation. He also claims Boeing in August 2023 told employees to delete records about nonconforming parts, which led him to complain – but Boeing took no action. Jason Redmond/ReutersAt an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.
Persons: Sam Mohawk, , Dave Calhoun, Calhoun, We’ve, Sen, Richard Blumenthal, Blumenthal, ” Blumenthal, , Max, Howard McKenzie, Boeing’s, Jason Redmond, Sam Salehpour, ” Salehpour, ” Calhoun’s, Richard Aboulafia, “ I’m, Calhoun’s Organizations: Washington CNN, Boeing, Federal Aviation Administration, Congressional, CNN, Alaska Air Boeing, Max, Connecticut Democrat, FAA, Reuters, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Connecticut, Mohawk, Renton, Alaska, Indonesia, Ethiopia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Blumenthal: Goal of Boeing hearing is to help the company restore trust and regain credibilitySenate Homeland Security Permanent Subcommittee on Investigations Chairman Sen. Richard Blumenthal (D-Conn.) joins 'Squawk Box' to preview Boeing CEO Dave Calhoun's testimony on Capitol Hill today over safety concerns and quality control issues at the company, what he hopes to get out of the hearing, and more.
Persons: Email Sen, Blumenthal, Sen, Richard Blumenthal, Dave Calhoun's Organizations: Email, Boeing, Security, Capitol
Watch CNBC's full interview with Richard Bernstein Advisors CEO
  + stars: | 2024-06-17 | 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 Richard Bernstein Advisors CEORichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins CNBC's 'The Exchange' to discuss market outlooks, how to position, and more.
Persons: Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is bifurcated between Mag 7 and 'everything else,' says Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins CNBC's 'The Exchange' to discuss market outlooks, how to position, and more.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein
Here's what five forecasters have to say about the latest rally — and why they think the stock market is headed for a fall. In 2009, he wrote a book predicting a stock market crash and ensuing economic depression, which he said could last for 10 years or more. The research firm is predicting the S&P 500 could see a steep correction following a rally to 6,500. Yet, that could end up being an excellent opportunity for investors who are diversified in other areas of the market, Bernstein said. AdvertisementTypically, there are eight warning signs of a market bubble forming, and six of them have already flashed, the bank said.
Persons: Stocks, , haven't, Harry Dent Stocks, Harry Dent, Dent, John Higgins, Higgins, John Hussman, Hussman, Richard Bernstein, Bernstein Organizations: Service, Nasdaq, Apple, Nvidia, Fox Business Network, Stocks, Capital Economics, John Hussman Elite, UBS
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