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25 mentions found


Prigozhin’s Death Leaves Putin Weaker
  + stars: | 2023-08-29 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Saul Loeb | AFP | Getty ImagesU.S. regulators on Tuesday unveiled plans to force regional banks to issue debt and bolster their so-called living wills, steps meant to protect the public in the event of more failures. Higher funding costsThe requirements will create "moderately higher funding costs" for regional banks, the agencies acknowledged. Still, the industry will have three years to conform to the new rule once enacted, and many banks already hold acceptable forms of debt, according to the regulators. They estimated that regional banks already have roughly 75% of the debt they will ultimately need to hold. Analysts have focused on the debt requirements because that is the most impactful change for bank shareholders.
Persons: Martin Gruenberg, Saul Loeb, Banks, Gruenberg, What's, Morgan Stanley, Manan Gosalia Organizations: Federal Deposit Insurance Corporation, Banking, Urban Affairs, Capitol, AFP, Getty, Treasury Department, Office, Currency, Federal Reserve, Federal Deposit Insurance Corp, FDIC, Brookings Institution, Silicon Valley Bank, Regulators, Analysts, T Bank, Citizens Financial, Northern Trust, Fifth Third Bancorp, Bank Locations: Washington , DC, Silicon
REUTERS/Ann Wang Acquire Licensing RightsLONDON/NEW YORK, Aug 28 (Reuters) - Hedge funds hold record exposure to the seven biggest tech stocks by market capitalization, according to data released on Friday by Goldman Sachs, in a week Nvidia (NVDA.O) hit an all-time high after beating revenue expectations. The largest seven U.S. stocks collectively now make up about 20% of the total net market value held by hedge funds tracked by Goldman Sachs. Last week, Nvidia reported record quarterly revenue fueled by strong demand for its artificial intelligence (AI)-focused chips and said the AI boom has legs. Hedge funds will be forced into capturing these returns regardless of analysis," said Jim Neumann, chief investment officer of Sussex Partners. Goldman Sachs, which runs one of Wall Street's largest prime brokerages, is able to track trends in flows.
Persons: Ann Wang, Goldman Sachs, Jim Neumann, Bruno Schneller, Schneller, Daniel Loeb, Nell Mackenzie, Sharon Singleton, Paul Simao Organizations: REUTERS, Nvidia, Microsoft, Apple, Tesla, Nasdaq, Reuters, Sussex Partners, INVICO Asset Management, Thomson Locations: Taipei, Taiwan, Wall, Carolina
As the statement made clear, all parties in the litigation will now be allowed to “talk openly about their views,” meaning without fear of legal repercussions. It would not be surprising if people in the chess world, including Carlsen, Nakamura and Niemann, continued to weigh in. In addition, there is a looming investigation from the International Chess Federation, the game’s governing body, into the matter. At the time, the federation said it would release the report in October. We always strive to do what is best for chess, and we believe this decision to move forward together is good for the game.”
Persons: Carlsen, Niemann, , Magnus, Nakamura, Louis, Erik Allebest, Chess.com, Organizations: International Chess Federation Locations: St
Trump the Opera: The Indicted One
  + stars: | 2023-08-25 | by ( Daniel Henninger | ) www.wsj.com   time to read: 1 min
Daniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.
Persons: Daniel Henninger's, , Henninger, Eric Breindel, Gerald Loeb, Scripps Howard Foundation's Walker Organizations: Scripps, American Society of Newspaper, Fox News, Georgetown University’s School of Foreign Service Locations: Cleveland
Why Our EV Policies Are So Extremely Stupid
  + stars: | 2023-08-25 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Coverage of the US Gymnastics Championships will be domestically broadcast on NBC and Peacock while international viewers can watch the event on the USA Gymnastics YouTube channel. Simone Biles competes in the floor exercise during the World Championships in 2019. Smiley N. Pool/Houston Chronicle/Getty Images Biles competes on the balance beam during the US National Gymnastics Championships in August 2013. The world gymnastics championships are then scheduled to take place between September 30 and October 8 in Antwerp, Belgium. Biles is the most decorated gymnast in US history, winning 32 medals across the Olympics and the world championships.
Persons: CNN — Simone Biles, she’s, Biles, , Alfred Jochim, Peacock, Simone Biles, Laurence Griffiths, Ron, Smiley, Tim Clayton, Corbis, Dean Mouhtaropoulos, Lintao Zhang, Nellie, Adria, Leslye Davis, Gabby Douglas, Douglas, Donald Miralle, Ezra Shaw, Damir Sagolj, Reuters Biles, Kai Pfaffenbach, Laurie Hernandez, Madison Kocian, Aly Raisman, David Ramos, Emmanuel Dunand, Jimmy Fallon, Donald Glover, Andrew Lipovsky, Michael Phelps, Raisman, Olivia Munn, Trae Patton, Michelle Obama, Barack Obama, Alex Wong, Bob Levey, Sasha Farber, Eric McCandless, Daniel Dunn, Ulrik Pedersen, NurPhoto, Lionel Bonaventure, Emilee Chinn, Natacha, Cecile Canqueteau, Landi, Shannon Miller, Robert Gauthier, McKayla Maroney, Maggie Nichols, Larry Nassar, Saul Loeb, Joe Biden, Biden, James Corden, Pete Buttigieg, Terence Patrick, Stacy Revere, Jon Durr, , Organizations: CNN, US, NBC, USA, YouTube, Houston Chronicle, The New York Times, Getty, Reuters, White House, Disney, Entertainment, Walt Disney Television, Houston Texans, GK, Tokyo, Los Angeles Times, USA Gymnastics, CBS, Network, Tokyo Games, Olympic Games, Olympics Locations: San Jose , California, Houston, Spring , Texas, Rio de Janeiro, AFP, Tokyo, American, Biles, Antwerp, Belgium
If Loeb’s mother had been around at that point, he said, she would have tried to dissuade him from his late-career turn toward alien hunting. The newly revealed government interest in U.A.P.s got wealthy people wondering how to invest in the search for alien life. In May 2021, the Harvard astronomy-department administrator told Loeb that an anonymous donor had given him $200,000 in research funding. If anything was left of this meteor, or extraterrestrial probe, it was scattered across the seafloor north of Papua New Guinea. Encouraged by that project, Loeb and Siraj started thinking about going after the Papua New Guinea meteorite.
Persons: ’ ” Loeb, Sara, , , Loeb, U.A.P.s, Eugene Jhong, Frank Laukien, Amir Siraj, Siraj, Charles Hoskinson, James Cameron Organizations: Harvard, Galileo, U.S . Space Command, EYOS Expeditions, Pacific Locations: Bulgaria, Israel, Lexington, Boston, United States, Papua New Guinea, U.S, Papua, Guinea, Washington, cryptocurrency, Mariana
Trump and Election Denial
  + stars: | 2023-08-22 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Signage and cars are displayed in honor of SentinelOne, a cybersecurity firm’s IPO, outside the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said. Private equity firms have been prolific investors in the cybersecurity sector. In November 2021, an investor consortium led by private equity firm Advent International acquired McAfee Corp for $14 billion. Tech-focused private equity firm Thoma Bravo has also been a serial acquirer in the sector, having bought Ping Identity, ForgeRock, Sailpoint Technologies and Magnet Forensics Inc, among others.
Persons: Brendan McDermid, SentinelOne, Qatalyst, SentinelOne's, Daniel Loeb's, Morgan Stanley, Thoma, Milana Vinn, Anirban Sen, Conor Humphries, Jonathan Oatis Organizations: New York Stock Exchange, REUTERS, SentinelOne, Qatalyst Partners, CrowdStrike Holdings, U.S ., Tiger Global, Sequoia Capital, Insight Partners, Redpoint Ventures, Advent International, McAfee Corp, Tech, Thoma Bravo, Sailpoint Technologies, Magnet Forensics, Thomson Locations: New York City, U.S, View , California, New York, Israel, cybersecurity
Special counsel Jack Smith speaks to members of the media at the US Department of Justice building in Washington, DC, on August 1, 2023. Saul Loeb | AFP | Getty ImagesSpecial counsel Jack Smith argued Monday that there was no good reason why Donald Trump's federal election interference trial should be delayed until spring of 2026, as the former president is requesting. Smith previously suggested Trump's trial should start on Jan. 2. Zoom In Icon Arrows pointing outwards A graphic from a court filing from former President Donald Trump’s legal team proposing that the federal election interference trial start in April 2026. The argument from Trump's lawyers "rests on the faulty assertion that it is necessary for a lawyer to conduct a page-by-page review of discovery for a defendant to receive a fair trial," Smith wrote.
Persons: Jack Smith, Saul Loeb, Donald Trump's, Smith, Donald Trump’s, Courthouse Smith, Donald Trump, LIV, Timothy A, Clary Organizations: US Department of Justice, AFP, Getty, Washington , D.C, Courthouse, Trump National Golf Club Bedminster Locations: Washington ,, Fulton, Bedminster , New Jersey
Jacob Bunge — Reporter at The Wall Street Journal
  + stars: | 2023-08-19 | by ( Jacob Bunge | ) www.wsj.com   time to read: +1 min
Jacob BungeJacob Bunge is deputy bureau chief for the Wall Street Journal’s Chicago corporate news bureau, which covers agriculture, food companies, restaurants, manufacturing and airlines. Joining Dow Jones in 2008, he has also covered financial exchanges, electronic trading and monetary policy. Since 2001 Jacob has reported on business, ranging from restaurants to hedge funds and commodity markets. In 2016, he was part of a team that won a Gerald Loeb Award in the breaking news category for the Journal’s coverage of the Dow Chemical and DuPont merger. Jacob graduated from the University of Wisconsin-Madison with a bachelor's degree in journalism, and lives in suburban Chicago.
Persons: Jacob Bunge Jacob Bunge, Dow Jones, Jacob, Gerald Loeb, jacob.bunge Organizations: Dow Chemical, DuPont, Associated Press Media, Society for, New York Stock, University of Wisconsin, Twitter, LinkedIn Locations: Madison, Chicago
Corrie DriebuschCorrie Driebusch covers the U.S. capital markets for The Wall Street Journal’s finance section where she regularly breaks news about the biggest IPOs. Corrie brings to her coverage a decade of experience covering the stock market and institutional investors to broaden the story beyond a stock’s first day of trading. Corrie previously wrote about the stock market and large retail brokerages for the Journal, as well as major market movers for Dow Jones Newswires. Prior to joining Dow Jones, she wrote for Institutional Investor's newsletter group, covering equity market structure and trading technology. Corrie graduated from the Medill School of Journalism at Northwestern University with a double major in political science and a concentration in economics.
Persons: Corrie Driebusch Corrie Driebusch, Corrie, Gerald Loeb, Dow Jones Newswires, Dow Jones Organizations: Technologies, Overseas Press, Global Inc, Institutional, Medill School of Journalism, Northwestern University
The Trump Indictments’ High Price
  + stars: | 2023-08-17 | by ( Daniel Henninger | ) www.wsj.com   time to read: 1 min
Daniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.
Persons: Daniel Henninger's, , Henninger, Eric Breindel, Gerald Loeb, Scripps Howard Foundation's Walker Organizations: Scripps, American Society of Newspaper, Fox News, Georgetown University’s School of Foreign Service Locations: Cleveland
Dan Strumpf — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
Dan StrumpfDan Strumpf is an award-winning reporter covering technology and corporate news in Asia for The Wall Street Journal. He writes about some of China's biggest tech companies including Huawei and Xiaomi, as well as broader topics like China's semiconductor industry and multinational companies operating in China. In 2018, Dan was part of a team that won the Gerald Loeb Award for international reporting for coverage of China's surveillance state. He previously covered energy and financial markets for the Journal in New York. Before joining the Journal, he worked for the Associated Press covering the automotive industry and other business beats.
Persons: Dan Strumpf Dan Strumpf, Dan, Gerald Loeb Organizations: The Wall Street, Huawei, Journal, Associated Press Locations: Asia, China, New York, Hong Kong
Sam SchechnerSam Schechner covers technology, based out of The Wall Street Journal's Paris bureau, focusing on the intersection between technology, business and society. His stories have often tackled the role large technology platforms play on topics like privacy, competition and internet censorship. Previously, Sam covered business in France, and along with his colleagues in the Paris bureau shared in a New York Press Club award for their coverage of the November 2015 terrorist attacks in Paris. He joined the Journal in 2005 as an entertainment columnist in New York, and later covered the business of television, including large media and cable companies such as Viacom and Comcast. Sam has a bachelor's degree from Brown University and lives in Paris with his wife, their two children and his childhood pet turtle.
Persons: Sam Schechner Sam Schechner, Sam Organizations: Facebook, Polk, U.S . Federal Trade Commission, New York Press, Viacom, Comcast, Brown University Locations: Paris, France, New York
Keach Hagey — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Keach Hagey | ) www.wsj.com   time to read: +1 min
Keach HageyKeach Hagey is a reporter at The Wall Street Journal’s Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her investigation into the inner workings of Google’s advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice.
Persons: Keach, George Polk, Gerald Loeb, , Sumner, Organizations: Journal’s Media, Marketing Bureau, Facebook, Google, George, George Polk Award, Business, Beat, Society for, Century Fox, Time Warner, Viacom, CBS, HarperCollins, Politico, Village, Stanford University Locations: New York, Abu Dhabi, Irvington, N.Y
Deepa SeetharamanDeepa Seetharaman is a reporter covering artificial intelligence from The Wall Street Journal’s tech bureau in San Francisco. Previously, she covered the intersection of technology and politics and was the Journal's beat reporter covering Facebook (now Meta). She's covered antitrust issues and profiled some of the most influential executives in Silicon Valley. Deepa joined the Journal in 2015 from Reuters, where she covered e-commerce, focusing on Amazon, as well as the U.S. auto industry and labor unions. ​She's won several awards for her coverage including the George Polk Award for Business Reporting and the Gerald Loeb Award in Beat Reporting.
Persons: Deepa Seetharaman Deepa Seetharaman, She's, Deepa, ​ She's, George Polk, Gerald Loeb Organizations: Facebook, Reuters, George Polk Award, Business Locations: San Francisco, Silicon Valley
Big investors took a selective approach to China-based technology stocks in the second quarter, recent regulatory filings suggest. Technology stocks continued their upward trend during the second quarter, including a slew of 2022's China-based tech losers. The fund scooped up a fresh position in e-commerce company JD.com worth nearly $64 million, and bought up China-focused exchange-traded funds KraneShares CSI China Internet (KWEB) and iShares China Large-Cap (FXI) . Other hedge funds raising bets on the company included Third Point's Dan Loeb, while Viking Global's Ole Andreas Halvorsen opened a minor stake worth $77.7 million. Not every investor bet big on the sector during the second quarter.
Persons: David Tepper's, Point's Dan Loeb, Ole Andreas Halvorsen, Baidu, Management's Philippe Laffont, Dan Sundheim, Tiger Global's Chase Coleman, — CNBC's Michael Bloom Organizations: Technology, Reuters, Retail, CSI China Internet, Viking, Li, PDD Holdings, Kanzhun Locations: China, Alibaba
The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. His firm still owned about 2 million Salesforce shares as of June 30. Tepper also bought 2.3 million shares of Advanced Micro Devices (AMD) and 480,000 shares of Apple (AAPL) during the second quarter. As a result, Appaloosa's holdings as of mid-August may differ significantly from the conclusion of the second quarter. GOOGL YTD mountain Alphabet YTD performance Bets on Google's parent company, Alphabet (GOOGL), varied in the second quarter.
Persons: Dan Loeb's, Jeff Smith's, Salesforce, Jeffrey, Starboard's Jeff Smith, Smith, he's, 13Fs, it's, Marc Benioff, Mason Morfit, Paul Singer's Elliott, Elliott, Elliott —, Nelson Peltz's, Bob Iger, Peltz, David Tepper, Tepper, Bill Ackman's, Seth Klarman, Loeb, Klarman, Stanley Druckenmiller, Druckenmiller, Eli Lilly, That's, Jim Cramer's, Jim Cramer, Jim, Kim Kulish Organizations: Inclusive Capital, CNBC, Paul Singer's Elliott Management, Constellation, Club, Constellation Brands, Corona, Modelo, DIS, Disney, Management, Walt Disney Co, Peltz, Nvidia, Appaloosa Management, Microsoft, Micro Devices, Apple, AMD, Bill Ackman's Pershing, Capital Management, Oracle, Duquesne Family Office, Jim Cramer's Charitable, Corbis, Getty Locations: Salesforce, Tuesday's
Why Are Carbon Emissions Up?
  + stars: | 2023-08-15 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.
Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart
Salesforce cage-rattlers leave in profitable peace
  + stars: | 2023-08-15 | by ( ) www.reuters.com   time to read: +2 min
Acquire Licensing RightsNEW YORK, Aug 15 (Reuters Breakingviews) - For activist investors in Salesforce (CRM.N), the low-hanging fruit should suffice. Fast growth and big-ticket acquisitions that Salesforce boss Marc Benioff had pursued turned anathema last year. The stock price roughly halved, falling faster than the Nasdaq-100 Technology Sector Index (.NDXT). Benioff eventually acquiesced, slashing 10% of the workforce, disbanding the deals committee and unveiling a $20 billion stock buyback plan. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Porte, Jeff Smith’s, Dan Loeb’s, Marc Benioff, ValueAct, Benioff, Jonathan Guilford, Exor’s Philips, Bain, BoE, Jeffrey Goldfarb, Sharon Lam Organizations: Viva Technology, Porte de, Reuters, Big Tech, Nasdaq, Profit, Elliott Investment Management, Twitter, FC Barcelona’s, Messi, Thomson Locations: Paris, France, Salesforce, Salesforce’s
Hedge funds beefed up A.I. bets in the second quarter
  + stars: | 2023-08-15 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
2023 has been the year for artificial intelligence stocks, and hedge funds in the second quarter beefed up their bets on the growth sector despite its sharp run up this year. Doubling down on Big Tech Despite the uptick in tech shares by the end of the first half, many hedge funds amped up their bets on Alphabet during the second quarter. David Tepper's Appaloosa bet big on AI winners , growing positions in Alphabet, Amazon , Meta Platforms and Microsoft during the period. Betting on chip stocks Nvidia shares have popped 200% as the company triumphs as AI chipmaker to beat this year. Beyond these pure-play AI bets, Coleman added to semiconductor Lam Research .
Persons: Bill Ackman's, Dan Loeb's, David Tepper's, Baupost's Seth Klarman, Philippe Laffont's Coatue, Tiger Global's Chase Coleman, Mark Zuckerberg's, Dan Sundheim's, Ole Andreas Halvorsen, Loeb, Coleman, Sundheim, Baupost, Keith Meister's, Laffont, Yun Li, Sarah Min, Brian Evans Organizations: Big Tech, Microsoft, Tiger Cub, Management, Apple, Amazon, Facebook, Meta, Nvidia, Devices, Viking, Taiwan Semiconductor, Micron Technology, AMD, Intel, Qualcomm, Broadcom, Marvell Technology, Materials, Global, Lam Research, Netflix, Viking Global, NXP Semiconductors, Semiconductor Locations: Apple, Amazon
Disney Makes a Mickey Mouse Mistake
  + stars: | 2023-08-14 | by ( Andy Kessler | ) www.wsj.com   time to read: 1 min
Andy Kessler is the author of Inside View, a column he writes for The Wall Street Journal on technology and markets and where they intersect with culture. He won the 2019 Gerald Loeb Award for commentary. He is the author of several books including Wall Street Meat and Eat People. He used to design chips at Bell Labs before working on Wall Street for PaineWebber and Morgan Stanley and then as a founder of the hedge fund Velocity Capital.
Persons: Andy Kessler, Gerald Loeb, Morgan Stanley Organizations: Wall, Bell Labs, Velocity Capital Locations: PaineWebber
The lawsuit says Kennedy's screenplay and "Stranger Things" have several similarities in their characters, plot, dialogue and themes. Kennedy accused an artist who developed concept art for both his project and "Stranger Things" of sharing his work with the Duffer Brothers. Netflix and the makers of "Stranger Things" denied the allegations in court filings and said the stories are "objectively different" by "virtually every imaginable measure." "Most glaringly, Stranger Things features a core group of children who fight off evil monsters while navigating teenage social issues," the defendants said. The case is Irish Rover Entertainment LLC v. Sims, U.S. District Court for the Central District of California, No.
Persons: Ross, Matt Duffer, Mario Anzuoni, Jeffrey Kennedy's, Ross Duffer, Kennedy, Patrick Arenz, Robins Kaplan, Jeremy Osher, Boren Osher, David Grossman, Loeb, Kelly Klaus, Munger Tolles, Blake Brittain Organizations: REUTERS, Netflix, Rover Entertainment, Irish Rover, Irish Rover Entertainment, U.S, Central, Central District of, Luftman, Olson, Thomson Locations: Los Angeles , California, U.S, Los Angeles, Indiana, South Bend , Indiana, Central District, Central District of California, Washington
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