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In total, Larsen has given around $1.9 million to support Harris' campaign directly and through PACs, according to FEC data compiled by crypto market and blockchain analyst James Delmore and independently verified by CNBC. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a recent report from the nonprofit watchdog group Public Citizen. "What we've had to date has been almost like purposeful chaos by Gensler to kind of crush the domestic industry," Larsen said. Horowitz said that he and his wife, Felicia, "have known Vice President Harris for over 10 years and she has been a great friend to both of us during that time." On Monday, the Harris campaign unveiled its "Opportunity Agenda for Black Men" in a report.
Persons: Chris Larsen, Donald Trump's, Chris Larsen isn't, Ripple, Kamala Harris, Larsen, who's, Harris, he's, Biden, " Larsen, isn't, James Delmore, that's, Evelyn Hockstein, Andreessen Horowitz, Trump, keynoted, Josh Shapiro, John Deaton, Massachusetts Republican who's, Democratic Sen, Elizabeth Warren, Nancy Pelosi, Gary Gensler, Brad Garlinghouse, Marvin Ammori, Skybridge Capital's Anthony Scaramucci, Scaramucci, Warren, Ben Horowitz, Marc Andreessen, Horowitz, Felicia, Delmore Organizations: YouTube, White, CNBC, Biden, Democratic, Harris, Fund, Forbes, Public Citizen, U.S, Erie International Airport, Democratic Pennsylvania Gov, Massachusetts Republican, Nancy Pelosi Victory Fund, Biden PAC, SEC, Trump, Ripple, White House, Sen Locations: Bay, Erie , Pennsylvania, U.S, Nashville , Tennessee, Massachusetts, Washington ,, New York
Citi CEO Jane Fraser denied the prospect of an asset cap after being pressed by two analysts. CFO Mark Mason said Citi is reevaluating its budget and strategy to fix regulatory problems quicker. AdvertisementCiti topped Wall Street expectations this quarter, but CEO Jane Fraser was dogged by questions regarding the bank's regulatory fate. Fraser was asked three times for reassurances that Citi did not and would not have an asset cap before answering the question. "We do not have an asset cap and there are no additional measures other than what was announced in July in place and not expecting any."
Persons: Sen, Elizabeth Warren, Jane Fraser, Mark Mason, , Fraser, Vivek Juneja, Warren's, Anand Selva, Wells, Mike Mayo —, I'm, Mayo, Mason, Tim Ryan Organizations: Citi, Service, OCC, Federal Reserve Locations: Selva
Victoria's Secret seemingly has a plan to attract Gen Z shoppers and revive its relevance. AdvertisementDuring a recent visit to Victoria's Secret, Julia Quang bought three things: Bombshell perfume, flavored lip gloss, and whale-tail thongs. Piper Sandler even named Victoria's Secret as the third most popular fragrance brand with young people in its 2024 Gen Z survey. The Victoria's Secret comeback isn't official — yetRewind a few years and Victoria's Secret seemed to be on uneven footing. AdvertisementA Victoria's Secret representative says the brand — which boasts a board of directors of 89% women — is working on that.
Persons: Sabrina Carpenter, , Julia Quang, Ed Razek, Z, Fitch they've, Piper Sandler, lacy, Elizabeth Lyons, Kimmay Caldwell, It's, Tyra Banks, Adriana Lima, Behati Prinsloo, Candice Swanepoel, Jasmine Tookes, They'll, Paloma Elsesser, Devyn Garcia, Ashley Graham, Caldwell, Christopher Polk, Rolling, Suni Lee, influencer Alix Earle, Victoria's, They're, who's, Savage X, Hillary Super, J . Lee, FilmMagic Lauren Sherman, Chantal Fernandez, Fernandez, she's, Sherman, Joseph Altuzarra, they're, they've Organizations: Service, Abercrombie, Angels Locations: Quang, New York City
The FDA’s announcement on Oct. 2 declaring the shortage over meant that compounding pharmacists had to stop filling tirzepatide prescriptions. Simone Williams, 50, of Spartanburg, S.C was prescribed compounded tirzepatide in June 2023 after her Mounjaro savings card expired. Williams began taking compounded tirzepatide for weight loss last year after her Mounjaro savings card expired. Tirzepatide was on the FDA’s drug shortage list for nearly two years. ‘Peace of mind’Meanwhile, patients and compounding pharmacists are celebrating the FDA decision to allow tirzepatide compounding to continue.
Persons: Lilly’s, Mounjaro, Zepbound, semaglutide, Wegovy, drugmakers, tirzepatide, , Simone Williams, S.C, Simone Williams Simone Williams, Williams, ” Williams, she’s, I’m, , Lilly, Michael Ganio, Ganio, Dr, Christopher McGowan, ” McGowan, ” Lilly, Jared Shapiro, ’ ” Shapiro, Elizabeth Kenly, ” Kenly, Kenly Organizations: Drug Administration, FDA, Association, American Society of Health, System, Outsourcing, Alliance, Pharmacy, APC Locations: Spartanburg, Spartanburg , South Carolina, U.S, Cary , North Carolina, Graham , North Carolina
Kamala Harris and Donald Trump are in a closely divided campaign for white women. Trump, Harris and the battle for white womenGetty Images; APWhite women helped Trump win in 2020. Dr. Theresa Wheeling had always been a registered Republican and voted for Donald Trump during the 2020 presidential election. ➡️ Authorities are investigating after a man with guns in his vehicle was arrested after he was stopped at a checkpoint near a campaign rally for Donald Trump. ➡️ Donald Trump is ramping up his rhetoric depicting his political rivals and critics as criminals.
Persons: Kamala Harris, Donald Trump, Harris, Theresa Wheeling, Roe, she’s, , , Read, ➡️ Donald Trump, ➡️, ➡️ Kamala Harris ’, Joe Biden, ➡️ Harris, Trump, Daniel Hagari, Jasmine Cui, NFL Brad Penner, Caleb Williams, Greg Rosenstein, 🩹, , J, mak Organizations: NFL, Trump, Voters, Republican, ” Wheeling, NBC News, GOP, NBC, IDF, Aqsa Martyrs Hospital, Dallas Cowboys, Detroit Lions, Lions, Chicago Bears, Jacksonville Jaguars, ards, Cal, U SC, Wea Locations: Wade, Wheeling, Pennsylvania, North Carolina, Gaza, Al, Aqsa, Deir al, Israel, U.S, 🙌T, 5 s
WASHINGTON — Michael Cohen is an unlikely civil rights warrior. Where Cohen, now a voluble Trump critic, aligns with civil rights advocates is on trying to turn the tide on the Supreme Court’s hostility to claims against federal officials for constitutional violations. Cohen also faces an unlikely alliance opposing his request: Joe Biden and Donald Trump. The current president’s Justice Department has filed a brief agreeing with the former president that the Supreme Court should not get involved. In Trump’s brief, his lawyer Alina Habba wrote that lower courts “faithfully applied” Supreme Court precedent in ruling against Cohen.
Persons: WASHINGTON — Michael Cohen, Donald Trump, Cohen, Trump, , ” Cohen, , Mark Milley, William Barr, Jon, Michael Dougherty, Egbert, “ Bivens, Bivens, Patrick Jaicomo, Joe Biden, Elizabeth Prelogar, Biden, Alina Habba, Vladimir Putin, Bill Barr Organizations: Trump, Republican, Joint Chiefs, Staff, Federal Bureau of Narcotics, Border Patrol, for Justice, NBC News, 2nd Circuit U.S, president’s Justice Locations: New York
CNN —At least half a dozen new lawsuits were filed Monday against musician and producer Sean Combs, accusing him of sexual assault against men, women and a 16-year-old boy. The suits were all filed anonymously by John Doe and Jane Doe plaintiffs in federal court in the Southern District of New York. The latest lawsuits are part of an expected wave of litigation against Combs by Houston-based attorney Tony Buzbee and co-counsel Andrew Van Arsdale, who previously said they were representing at least 120 alleged victims of Combs including minors. This story is developing and will be updated with additional details.
Persons: Sean Combs, John Doe, Jane Doe, Tony Buzbee, Andrew Van Arsdale, Combs Organizations: CNN, of, Combs Locations: Southern, of New York, Houston
Woman killed by malfunctioning ottoman bed
  + stars: | 2024-10-14 | by ( Issy Ronald | ) edition.cnn.com   time to read: +2 min
London CNN —A 39-year-old British woman was killed when a malfunctioning ottoman bed fell on her neck and asphyxiated her, a coroner’s report said. Ottoman beds have a base that can be raised – usually using gas-lift hydraulics – to access a storage space underneath. The mattress platform on Davey’s bed fell unexpectedly, “trapping her neck against the upper surface of the side panel of the bed’s base,” Chipperfield explained. I dropped everything that I was holding and tried to lift the top of the bed off her head. The bed was no longer a soft close and could fall heavily if it was released.
Persons: Helen Davey, , Jeremy Chipperfield, ” Chipperfield, ” Davey, Elizabeth, ” Elizabeth, , Chipperfield, Jonathan Reynolds, coroners Organizations: London CNN, Locations: England
CNN —Drought is now so bad in parts of southern Africa that governments say they must kill hundreds of their most captivating, majestic wild animals to feed desperately hungry people. In August, Namibia announced it had embarked on a cull of 723 animals, including 83 elephants, 30 hippos and 300 zebras. Crops have failed, livestock has died and nearly 70 million people are desperately in need of food. They say it’s the opposite: reducing numbers will help protect remaining animals as the drought shrinks food and water resources. Both Namibia and Zimbabwe say professional hunters will ensure entire groups are killed to prevent this.
Persons: , Badru Katumba, El Niño, , Elizabeth Mrema, Mrema, Chris Brown, ” Brown, It’s, Romeo Muyunda, ” Muyunda, Brown, Izak Smit, Zinyange Auntony, Farai Maguwu, ” Maguwu, Elisabeth Valerio, Maguwu, Megan Carr, Keith Lindsay, Muyunda, Organizations: CNN, Getty, United Nations Environment, , Namibian Chamber, Environment, Namibia’s Ministry of Environment, Forestry, Tourism, Desert Lions Human Relations, for Natural Resource, cullings, EMS Foundation, Martin Locations: Africa, Namibia, Zimbabwe, Europe, Murchison, Uganda, AFP, Damaraland, Kaokoland, slaughterhouses, Namibian, Dete, Hwange, Hwange Park, African, Halali, Etosha
Florida communities grapple with destruction after Hurricane Milton. And Barack Obama talks about “real strength” at a rally for Kamala Harris. Florida embarks on road to recovery after MiltonAt least 16 people have been confirmed dead in Florida after tornadoes touched down and Hurricane Milton slammed into the state this week, leaving a trail of damage and devastation. Milton was the fifth hurricane to hit Florida’s barrier islands in two years, but steadfast residents say living there is worth the risk. More Hurricane Milton coverage:1 dead, 23 rescued after Colorado tourist mine malfunctionAt least one person is dead after an elevator equipment malfunction at a tourist mine in Colorado.
Persons: Hurricane Milton, Barack Obama, Kamala Harris, Milton, ” Fort Myers Beach Mayor Dan Allers, Kathleen Mine, Fisher, Price, Price Snuga, Richard Trumka Jr, , , Obama, Trump, Harris, I’ve, Tim Walz, Read, ➡️ Harris, Howard Stern, Joy Behar, Stephen Colbert, Harris sidestepped, Joe Biden, ➡️, ➡️ Trump, Russian Vladimir Putin, Putin, Angela Alsobrooks, Larry Hogan, — Richie Duchon, Elizabeth Robinson Organizations: Hurricane, The Clearwater Police Department, Coast Guard, , ” Fort Myers, ” Fort Myers Beach Mayor, Tampa International, Disney, Universal Studios, Hurricane Milton, U.S . Consumer Product Safety, Fisher, Minnesota Gov, ➡️, Univision, White, Trump, Republican, NBC, Getty, Hurricanes Locations: Florida, Hurricane, Clearwater, Gulf of Mexico, ” Fort, ” Fort Myers Beach, Sarasota, Orlando, Colorado, Teller County, Denver, Pittsburgh, North Carolina, Detroit, Russian, York, Maryland
Video Ad Feedback Coast Guard saves man clinging to cooler 30 miles off Florida coast as Milton approached 00:39 - Source: CNNAhead of Milton’s arrival this week, the US Coast Guard twice helped a Florida boater, who was found clinging to a cooler in the Gulf waters the second time he was rescued, video shows. A Coast Guard rescue boat crew and a rescue helicopter crew arrived to help the two people, who were airlifted back to Air Station Clearwater in good condition, the release said. “The weather at the time was 6-8 foot seas, and approximately 30 mph winds but quickly deteriorating as (Milton) approached,” the release states. The Coast Guard instructed the captain to wear a life jacket and stay with the vessel’s emergency position. A Coast Guard Air Station Miami helicopter was launched at 5:30 a.m.
Persons: Milton, Dave, “ Watchstanders, , Cmdr, Dana Grady Organizations: Guard, CNN, US Coast Guard, Coast Guard, USCG, Air Station Clearwater, Coast Guard Air Station Miami, Tampa General Hospital Locations: Florida, St, Petersburg, John’s, St . Petersburg , Florida, Gulf, Tampa
More than 500 people were rescued from an apartment complex in a non-evacuation zone in Clearwater overnight after Milton brought major flooding to the city, its mayor told CNN. “These people weren’t expecting this, but the rain came down so hard, so fast that it completely flooded this apartment complex,” he said. The next challenge will be finding shelter for the residents who are displaced from the complex, the mayor said. “We feel like we’ve had one major hurricane in two separate events. If you put it all together, it’s really, really tough for our entire community,” Rector said.
Persons: Milton, Clearwater Mayor Bruce Rector, , , Rector, we’ve, it’s Organizations: CNN, Clearwater Mayor Locations: Clearwater
September's robust job growth signaled what looks like a booming labor market. In general, the job market is booming. There's some tension hiding in the dataOn its face, the labor market is looking rosy. Job openings ticked up in August but have been broadly declining since 2022, adding to the tough labor market picture for job seekers. Related storiesEven though the labor market has cooled, it's largely done so without mass layoffs or a full-blown recession.
Persons: , ​ ​ Cory Stahle, they're, Liz Wilke, Elizabeth Renter, Matt Colyar, Claudia Sahm, Julie Su, Wilke, It's Organizations: Service, Workers, Moody's, New Century Advisors, mhoff
CNN —Most musicians dream of winning a Grammy, but there’s only one award Chappell Roan is aiming for. So what better way to cap off her mega year than by winning her first Grammy Award? Creative director Ramisha Sattar and recording artist Chappell Roan. Universal Music Group“Please, please, please put some type of energy, a spell, whatever, that we get nominated for the Grammy,” Roan said in the video. “She is just as much Chappell Roan as I am, honestly,” Roan told CNN.
Persons: Chappell Roan, , Taylor Swift, Roan, , “ I’ve, I’ve, Ramisha Sattar, ” Roan, “ It’s, Kamala Harris, Sattar, Gen Z Lisa Frank, ” Sattar, Chappell Organizations: CNN, Austin, MTV, Recording, Universal, ” Universal Locations: Roan, Instagram
The total assets of TD Bank’s two U.S. banking subsidiaries will be barred from exceeding $434 billion under that restriction. “Today, TD Bank also became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first US bank in history to plead guilty to conspiracy to commit money laundering,” Garland said. “TD Bank chose profits over compliance with the law — a decision that is now costing the bank billions of dollars in penalties. “In August 2021, a TD Bank store manager emailed another store manager and remarked, quote, ‘You guys really need to shut this down. “This settlement lets bad bank executives off the hook for allowing TD Bank to be used as a criminal slush fund.
Persons: , General Merrick Garland, ” Garland, , Garland, David, Lol, ’ ” Garland, , FinCEN, Wally Adeyemo, ” Adeymo, ” Sen, Elizabeth Warren, ” Warren, Bharat Masrani, ” Masrani Organizations: Bank, Department of Justice, TD Bank, Currency, Federal Reserve, , Washington , D.C, DOJ, Treasury, Enforcement Network, FinCEN, Street, CNBC, of Justice, Consumer Financial, Bureau Locations: U.S, Wells Fargo, Washington ,, Newark , New Jersey, United States, Canada,
Hurricane Milton leaves a trail of destruction in Florida. Milton sweeps through Florida after a destructive landfallFlorida communities are waking up to destruction left by Hurricane Milton as the storm tore through the state — the second major hurricane to hit in two weeks. More Hurricane Milton coverage:Milton intensified at one of the fastest rates in recorded history. ➡️ An NBC News poll found Harris and Trump voters see their candidates representing “change” but in very different ways. The iconic Tropicana casino was imploded to make way for a proposed $1.5 billion stadium to house the Oakland Athletics ahead of the team’s planned move to Sin City in 2028.
Persons: Milton, Hurricane Milton, Sheriff Keith Pearson, ” Pearson, , Tom, Helene, Dan ”, Hurricane Helene, Dow Jones, pare, Nasir Ahman Tawhedi, Tawhedi, Biden, Harris, Donald Trump riled, Kamala Harris, Trump, Marxist ”, ” Trump, “ Somebody, , , ➡️ Trump, ➡️ Harris, Glock, Josh Shapiro, Elon Musk, Kari Lake, Ruben Gallego, Maya Huter, — Rich Bellis, you’re, Elizabeth Robinson Organizations: CIA, Las, Hurricane, Field, Tampa Bay Rays, West Palm Beach, Florida National Guard, Hurricane Milton, NBC, Federal, Wall Street, FBI, U.S ., ISIS, Republican, Trump, Harris Former, Marxist, Democratic Party’s, ➡️, Democratic Rep, Arizona Senate, Tropicana, Oakland Athletics, Sin City, Walmart Locations: Florida, An Afghan, Milton, Siesta, St . Petersburg, West Palm, Lucie County, U.S, Tampa, Hurricane, Afghanistan, Scranton , Pennsylvania, Harris, Scranton, Colorado , California , Illinois, New York, Pennsylvania, Arizona, Sin
As fierce storms become more frequent, some mayors say people have heeded their calls to evacuate and prepare for the worst. Even though people are “getting used” to the storms, Anderson said he was concerned about the debris from the tornadoes and damage from winds. Gulfport: Milton has brought the most significant winds Mayor Sam Henderson has seen in Florida. There’s a been a real difference from storm to storm, the mayor said. He said Helene had damaging storm surges while Milton brought in incredible wind and rains.
Persons: Hurricane Helene, Fort, Kevin Anderson, , Helene, Ian, , Anderson, ” Anderson, Sam Henderson, There’s, Milton, ” Henderson, Henderson Organizations: CNN, Fort Myers Locations: Florida, Hurricane, Milton, Fort Myers, Gulfport
Davis Jones looks out the door of the hotel where he is riding out Hurricane Milton, in Tampa, Florida on October 9, 2024. Julio Cortez/APThough authorities and meteorologists had feared Tampa would bear the heaviest brunt of Hurricane Milton, it appears the city has avoided the kind of devastating 15-foot storm surge that had been forecast, said CNN Correspondent Brian Todd. “I’ve never really seen sheets and walls of water coming down from a hurricane,” he said, speaking from Tampa. Now, several hours after Milton first made landfall, the eye of the storm has moved east through central Florida. Earlier in the night, the storm pushed the water out of Tampa Bay, leaving it looking almost like “a dry riverbed,” he added.
Persons: Davis Jones, Hurricane Milton, Julio Cortez, Brian Todd, “ I’ve, , Milton, Todd Organizations: Hurricane, CNN Locations: Tampa , Florida, Tampa, Hurricane Milton, Florida, Tampa Bay
CNN —Musician and producer Sean “Diddy” Combs, who is charged with racketeering conspiracy, sex trafficking and transportation to engage in prostitution, will go to trial in May 2025. The judge in Combs’ federal case set a trial date for May 5, 2025 at a court hearing in New York on Thursday. Combs’ attorney Marc Agnifilo said they will put on a defense case that would likely take one week. Combs’ court appearance on Thursday was his third since his arrest and his first in front of Judge Arun Subramanian, a Biden-nominated jurist who has been on the bench since last year. Combs’ lawyers have said they want to go to trial quickly since he was twice denied bail.
Persons: Sean “ Diddy ” Combs, Combs, Emily Johnson, Marc Agnifilo, Arun Subramanian, Biden, Andrew Carter, Carter, Elizabeth Wagmeister Organizations: CNN, Brooklyn’s Metropolitan Detention Locations: Combs ’, New York, Brooklyn’s
CNN —Sean “Diddy” Combs has spent his three weeks in jail speaking with his defense attorneys, preparing for his case and receiving visiting from his family, a source close to the music producer told CNN. In a letter to Judge Arun Subramanian, Combs’ attorneys said on Wednesday that they intend to request a trial date in April or May 2025. Following the release of the video, Combs apologized. The motion filed by Combs’ attorneys also alleges that authorities alerted the media about the searches in March of his homes in Los Angeles and Miami. Combs’ attorneys said they want the judge to order the government to immediately produce the materials seized over six months ago.
Persons: Sean “ Diddy ” Combs, , Combs, He’s, Arun Subramanian, Cassie Ventura, Ventura, ” Combs, HSI, Subramanian, Biden, Andrew Carter, Carter, Obama, Organizations: CNN, Brooklyn’s Metropolitan Detention Center, Prosecutors, of New, Department of Homeland Security, Homeland Security Investigations, HSI New, US, Southern, of, DHS Locations: Brooklyn’s, Southern, of New York, Los Angeles, Miami, HSI New York
Hurricane Milton makes its way toward Florida. Hurricane Milton plows toward FloridaFlorida is, once again, bracing for a direct hit as Hurricane Milton approaches the state and the window to evacuate closes. A storm surge of up to 15 feet is forecast along a stretch of the coast that includes Tampa, St. Petersburg and Sarasota. Florida is especially vulnerable to storm surge because “it doesn’t take much to push water over land that would be dry,” said Cody Fritz, the Storm Surge Unit Team Lead at the National Hurricane Center. “Where?”Follow our live blog for the latest forecasts and information about Hurricane Milton.
Persons: Milton, Harris, Trump, Hurricane Milton, , Cody Fritz, Helene, they’re, , , ’ ”, Mark Prompakdee, Read, Sen, Sherrod Brown, Chuck Todd, Elon Musk, Josh Shapiro, Musk, Trump’s Butler, Benjamin Netanyahu, Lloyd Austin, Yoav Gallant, Joe Biden, Lisa Marie Presley, it’s Grazer, Ethel Kennedy, Robert F, Kennedy, Tama, David Ingram, — Elizabeth Robinson, Elizabeth Robinson Organizations: NBC, National Hurricane Center, Storm Surge, Twin, NBC News, Hurricane, More Hurricane Milton, Trump, Democratic, Trump ”, Saints, Republicans, White, Tech, Pennsylvania Gov, Washington D.C, U.S . Defense, Israeli, ISIS, Border Patrol, Biden, Alaska Locations: Florida, Arizona, Hurricane, Florida Florida, Tampa, St, Petersburg, Sarasota . Florida, St . Petersburg, Twin City, Hurricane Milton, More, battlegrounds, Phoenix, Utah, Ohio, Trump’s Butler , Pennsylvania, Washington, U.S, Iran, Afghan, Oklahoma, America, San Francisco
On Thursday, tropical storm conditions are expected in portions of the northwestern Bahamas. Just one day ago, Hurricane Milton’s tropical storm-force winds extended out 80 miles from the center. This trend is expected to continue until landfall, with Milton expected to bring tropical storm-force winds to much of the Florida Peninsula throughout landfall. Hurricane conditions are expected in some areas beginning Wednesday evening through early Thursday and are possible in other areas on Thursday. Hurricane Milton is still a Category 5 hurricane with winds of 160 mph, according to the 2 a.m. update from the National Hurricane Center.
Persons: Anna Maria Island, Rebecca Blackwell, Milton, Hurricane Milton, Flood Organizations: National Hurricane Center, NHC, Hurricane Locations: Florida, Bahamas, Georgia, South Carolina, Tampa
For Selva, leading the Transformation is unlike any test he has faced in his three-decade career at Citi. To do so, he has to solve for Citi's decades of underinvestment in its infrastructure, which affects every business line of the bank. Under Selva, Citi was the No. Related stories"The challenge with the Transformation role is you are accountable yet not responsible," the managing director in the Transformation said. Courtesy of CitiBringing in Ryan, the bank's head of technology and business enablement, to help the bank catch up makes sense.
Persons: Jane Fraser, Anand Selva, Selva, Sen, Elizabeth Warren, We've, Fraser, Gonzalo Luchetti, Luchetti, Kathleen Martin, Martin, Mike Mayo, Tim Ryan, Mayo, Vernon Yuen, Adora Tidalgo, Anand, Jim O'Donnell, Win McNamee, Andy Sieg, Tidalgo, Phil Waxelbaum, Jeffrey Warren, Ryan, Warren, Ashutosh Nawani, Japan Mehta, Mehta, Nawani, Tom Williams, Timothy Coffey, Janney Montgomery Scott, they've, Stephen Biggar Organizations: Citigroup, Citi, Federal Reserve, Currency, OCC, Business, underperformance, BI, Citi ., Coimbatore Institute of Technology, Madurai Kamaraj University, Asia Pacific, divesting, Employees, Merrill Wealth Management, PricewaterhouseCoopers, Russell Reynolds Associates, Securities, Exchange Commission, Bloomberg, Getty, Argus Research Locations: Selva, Chennai, India, Asia, who's, Wells, Madurai, Coimbatore, China, Singapore, New York, Fraser, Europe, Ryan
Pittsburgh CNN —In the years that Pennsylvania Senate candidate Dave McCormick led one of the world’s largest hedge funds, the firm bet millions of dollars against some of the state’s biggest and most iconic companies, financial filings show. For financial institutions, short positions can be lucrative. The fund shorted about four dozen companies from Pennsylvania during McCormick’s tenure, the records show. The fund did invest in stocks of some of the same Pennsylvania companies it shorted in other years, and overall, it reported spending more money buying stocks of Pennsylvania companies than shorting them in four of the five annual reports reviewed by CNN. She argued that the short positions Bridgewater took in Pennsylvania companies didn’t negatively impact employees because they represented a small fraction of each company’s overall value.
Persons: Dave McCormick, McCormick, , , Kevin Boltz, Democratic Sen, Bob Casey –, Casey, Luke Sharrett, Elizabeth Gregory, Dave, ” Gregory, Bridgewater, ” McCormick wasn’t, Andrew Jennings, Dan Mallinson, “ They’re, ” Mallinson, “ That’s, ” Eric Talley, Talley, I’m, Justin Merriman, McCormick’s, Biden, Bernie Hall, ” Hall, Gregory, Michael M, Eric Hovde of, Tim Sheehy, Bernie Moreno, dogging McCormick, Mallinson Organizations: Pittsburgh CNN —, Bridgewater Associates, The Hershey Company, US Steel, CNN, US Department of Labor, Republican, Hershey, Democratic, Bridgewater, Bloomberg, Getty, McCormick’s, Bridgewater Equity Fund, Labor, Securities and Exchange Commission, Comcast, Penn National Gaming, Emory University School of Law, Penn State, Columbia University, Steel, Japan's, Nippon Steel, Keystone, Nippon, Pennsylvania, United Steelworkers, Senate, Penn Locations: Pennsylvania, Bridgewater, Harrisburg, Pittsburgh, China, Eric Hovde of Wisconsin, Montana, Ohio
Where are Gen Z's tech founders?
  + stars: | 2024-10-09 | by ( Amanda Hoover | ) www.businessinsider.com   time to read: +10 min
So where are Gen Z's tech founders? Gen Z founders and would-be founders are stepping into a vastly different tech world from that of their predecessors — a world where launching a unicorn is far more difficult, and publicly scrutinized, than it was for the garage-band generation of Jobs and Gates. Gen Z is coming of age in an era when the same Big Tech companies are diffuse and dominant. In other words, millennial founders ran so that Gen Z founders could walk. Perhaps we won't see Gen Z founders standing before a crowd and unveiling their latest shiny products anytime soon.
Persons: Bill Gates, Steve Jobs, Jeff Bezos, Gen X, Sergey Brin, Elon Musk, Travis Kalanick, Peter Thiel, Millennials, I'm, Zuckerberg, Whitney Wolfe Herd, Brian Chesky, Elizabeth Holmes, Sam Bankman, Gen, aren't, Zers, Jerry Neumann, millennials, Uber, Z, There's, Neumann, Kimberly Eddleston, they've, Adam Neumann, Holmes, Alexandra Debow, that's, Alexandr Wang, Wang, They've, Ibrahim Rashid, Rashid didn't, COVID, Rashid, Martin Shkreli, Forbes, Alexis Barreyat, Barreyat, Julian Kage, Kage, they'd, Debow, It's, Eddleston, Emma Chamberlain's Organizations: Boomers, Columbia University, Big Tech, Northeastern University, Facebook, New York University, MIT, Wired, Forbes, University of Chicago, Deloitte, Harvard, Harvard Business Locations: swaggering, Silicon Valley
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