Latest news with #Milken
Yahoo
16-05-2025
- Politics
- Yahoo
Milken Educator Award winner Holly Hunter honored by Gov. Kim Reynolds
Veteran third grade teacher and 2024-25 Milken Educator Award recipient Holly Hunter has been honored by Gov. Kim Reynolds with the presentation of the award at the state Capitol. Hunter's May 13 meeting with Reynolds and Iowa Department of Education Director McKenzie Snow was another highlight to a whirlwind year that started on Jan. 16 with a surprise announcement at Davis Elementary School that she was a Milken recipient. Hunter also received a trip to the Milken Educator Awards Forum in California and $25,000 to use as she wishes. The Milken is awarded to early to mid-career educators who are "furthering excellence in education," according to the organization's January news release. Hunter is one of 48 Iowa teachers who have received the national honor, according to the Iowa Department of Education's website. Related: Adel high schooler battles brittle bone disease to graduate high school Hunter — a 2011 Grinnell High School graduate — began teaching at Davis in 2017. Her connection to the community goes so far back that her current classroom is the same room where she attended third grade. "I love my job and my biggest thing is I love building relationships," she said in an interview with the Des Moines Register. "So, relationships with my coworkers is important and being visible and helpful on committees." Her classroom relationships are her No. 1 priority. "I think winning an award like this kind of validates that what you're doing is making a difference," Hunter said. Hunter was excited to meet Reynolds during the presentation. The two chatted briefly about Hunter's experiences in the classroom and Reynolds told Hunter about her own daughter's work as a teacher. Hunter also met with several people from the Iowa Department of Education. "It was my honor to present the 2024 Iowa Milken Educator Award to Holly Hunter! Holly is a third-grade teacher at Davis Elementary," Reynolds posted on social media. "With this award, she has been recognized as one of our country's finest educators!" Related: These 28 high school graduating seniors from the Des Moines area each have a story to tell In the January news release announcing, Snow congratulated Hunter on the award and praised her work with students. 'Across Iowa, dedicated educators like Holly are ensuring every student receives evidence-based instruction that empowers them to be proficient readers by the end of third grade,' Snow said at the time. 'Holly is a leader in schoolwide Science of Reading implementation, modeling best practices that have the greatest impact on student achievement and growth." Around Davis Elementary — which is part of the Grinnell-Newburg Community School District — Hunter is known for being a member of various committees, helping with school initiatives, her overall leadership and is a "family favorite as a third grade teacher," said Principal Brian Conway. Related: What to know about Iowa's fifth-place ranking for preschool attendance "Some of the reasons that she was nominated for (the Milken) is she's been taking on leadership opportunities within our building, in our district from a young age," he said. "And she is someone who works tirelessly to build really positive relationships with her kids and her families." Samantha Hernandez covers education for the Register. Reach her at (515) 851-0982 or svhernandez@ Follow her on Twitter at @svhernandez or Facebook at This article originally appeared on Des Moines Register: Milken Award winner Holly Hunter honored by Gov. Kim Reynolds
Business Insider
15-05-2025
- Business
- Business Insider
Sohn 2025: Big-name hedge funds are still looking abroad despite the US market rebound
Despite all the market turmoil of the first stretch of President Donald Trump's second term, US investors have ended up more or less where they started the year. But there are lasting effects of the administration's tariff policies, such as a renewed vigor from asset managers to look outside the world's largest stock market for investment opportunities. At the Sohn Investment Conference in Manhattan's Lincoln Center on Wednesday, big-name investors like billionaire David Einhorn and Tiger Cub Rob Citrone talked up a German chemical company and Mexican telecom stock, respectively. Bridgewater's co-chief investment officer, Karen Karniol-Tambour, who spoke with Citrone on Wednesday, said that for the last few decades, the S&P 500 was "the best you could have done." "But where that leaves us is that today it's hard not to feel that we're fundamentally in a different place than that," she said. The main thing she is relaying to investors is "treat diversification seriously," echoing comments that she made at the recent Milken conference in Beverly Hills, where she said that allocators should "have some of your assets in Asia or even China, if you can." Einhorn started his presentation on Wednesday with a critical joke about Trump's tariffs — implying that the US is shooting itself in the foot — though his firm, Greenlight Capital, profited off the first quarter's market turbulence with large positions in gold. He's a believer in the fundamentals of Bayer spinoff Lanxess, saying, "We think we have a butterfly," even though the market sees it as "a moth." Einhorn said the company, which develops and sells a range of chemicals, including consumer protection products like disinfectants, could benefit from tariffs as it has production sites in the US and is a Chinese competitor. Citrone, meanwhile, named América Móvil, the telecom giant founded by Mexico's richest man, Carlos Slim, as his favorite stock because of its exposure to many countries in Latin America. "We trust Carlos — so that's an amazing stock," he said. Citrone, who made 52% in 2024, said that opportunities are ripe in Latin America, which investors have "left for dead for the last 25 years." Beyond equities, he also likes rates and currencies in the region. He said his fund has 75% of its risk outside the US, with a certain amount in emerging markets. Karnoil-Tambour said that, of course, money won't leave US capital markets overnight, especially as it remains the deepest equities market for investors. Citrone drove home how undercapitalized other markets are, saying that when Nvidia's stock fell after investors' discovery of DeepSeek in January, "it was like two Mexicos."
Yahoo
11-05-2025
- Business
- Yahoo
A Bill Ackman investing golden rule that bullish traders might be forgetting about right now
I know you are feeling fabulous going into the weekend. The warm summer weather is starting to take hold. There is a new UK trade deal, though 10% tariffs will remain in place on most goods from our British friends. Various Trump administration figures are doing the media rounds to talk up a potential China trade deal soon. Though similar to the UK transaction, tariffs will likely still be in effect. Trump floated a rate of 80%, down from 145%, on social media. And your portfolio is looking much better compared to the week after 'Liberation Day.' You also have hope the good vibes will continue — am I right? Against this backdrop, I want to highlight two things about investing I was reminded of at the Milken conference this past week. Let them be a sanity check on the bullishness you are feeling at the moment, which to me is a little too much given the uncertain environment and the facts corporate America is bringing to the table this earnings season. The first comes from billionaire hedge fund manager Bill Ackman of Pershing Square fame. Ackman offered this up (video above) when I asked him about tariffs impacting the businesses he owns a piece of, such as Nike (NKE) and Chipotle (CMG): "So we care about the value of a business. The value of a business is the present value of the future cash flows. What's going on now certainly could be disruptive in the short term. I don't think it's likely to have permanent effects." I think you can read this from Ackman in a few different ways. Most of you will likely view it favorably, as it implies future cash flows of companies will be just fine even if tariffs stay in place. I, however, believe Ackman is signaling investors may be too optimistic in the short term, given how disruptive to profits and cash flows tariffs could be. Read more: What Trump's tariffs mean for the economy and your wallet Keep in mind, we are getting zero indication that tariffs will be completely removed on countries, just that they may be lowered. That means more unplanned costs for a business to contend with. The next investing reminder comes from Nuveen chief investment officer Saira Malik, who oversees $1 trillion at the giant asset manager: "I think confusion is probably a word to describe it [the investing backdrop]," Malik said. "Investors want clarity here, and that would be helpful. You can do calculations if you know where the tariffs are going to end up. So, as an example, our calculations show that if tariffs were at about 10% for the rest of the world, it would hit GDP by 1.5%. You just skirt a recession there." But stocks are not out of the woods. "Earnings have been strong, but the outlooks are very murky," she said. "Marriott just reported, and yet again, pointing to lower revenue per available room going forward. The consumer is at risk here. And then Treasury yields are something to watch. The 10-year Treasury yield back up again over the last few days at 4.3% is telling you the bond market is worried." Malik's comments are a reminder of the macro facts that investors have raced to forget about in the past month. As April economic data begins to arrive shortly, reflecting the month's tariff onslaught, investors will be reminded of what they are dealing with. And it may not jibe too well with the post 'Liberation Day' rally. But, hey, maybe I am all wrong here! Ditto the really smart investing people I mentioned in this missive! I am curious, though, about what stocks, ETFs, etc., you are buying right now and why. What is the single biggest factor in you hitting the buy button, knowing full well profit-busting tariffs remain in place? Drop me a line @BrianSozzi on X. Read more about what business leaders and top political figures are saying at the 2025 Milken Institute Global Conference: Treasury Secretary Scott Bessent aims to soothe nerves of international investors Bill Ackman: Trump tariffs on China should be paused and taken down Private equity titan Robert Smith: Tech stocks are still the place to be Apollo CEO: I don't agree with Warren Buffett on tariffs Mattel CEO on Trump tariffs: We'll raise prices and shift where we produce Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- Business
- Yahoo
A Bill Ackman investing golden rule that bullish traders might be forgetting about right now
I know you are feeling fabulous going into the weekend. The warm summer weather is starting to take hold. There is a new UK trade deal, though 10% tariffs will remain in place on most goods from our British friends. Various Trump administration figures are doing the media rounds to talk up a potential China trade deal soon. Though similar to the UK transaction, tariffs will likely still be in effect. Trump floated a rate of 80%, down from 145%, on social media. And your portfolio is looking much better compared to the week after 'Liberation Day.' You also have hope the good vibes will continue — am I right? Against this backdrop, I want to highlight two things about investing I was reminded of at the Milken conference this past week. Let them be a sanity check on the bullishness you are feeling at the moment, which to me is a little too much given the uncertain environment and the facts corporate America is bringing to the table this earnings season. The first comes from billionaire hedge fund manager Bill Ackman of Pershing Square fame. Ackman offered this up (video above) when I asked him about tariffs impacting the businesses he owns a piece of, such as Nike (NKE) and Chipotle (CMG): "So we care about the value of a business. The value of a business is the present value of the future cash flows. What's going on now certainly could be disruptive in the short term. I don't think it's likely to have permanent effects." I think you can read this from Ackman in a few different ways. Most of you will likely view it favorably, as it implies future cash flows of companies will be just fine even if tariffs stay in place. I, however, believe Ackman is signaling investors may be too optimistic in the short term, given how disruptive to profits and cash flows tariffs could be. Read more: What Trump's tariffs mean for the economy and your wallet Keep in mind, we are getting zero indication that tariffs will be completely removed on countries, just that they may be lowered. That means more unplanned costs for a business to contend with. The next investing reminder comes from Nuveen chief investment officer Saira Malik, who oversees $1 trillion at the giant asset manager: "I think confusion is probably a word to describe it [the investing backdrop]," Malik said. "Investors want clarity here, and that would be helpful. You can do calculations if you know where the tariffs are going to end up. So, as an example, our calculations show that if tariffs were at about 10% for the rest of the world, it would hit GDP by 1.5%. You just skirt a recession there." But stocks are not out of the woods. "Earnings have been strong, but the outlooks are very murky," she said. "Marriott just reported, and yet again, pointing to lower revenue per available room going forward. The consumer is at risk here. And then Treasury yields are something to watch. The 10-year Treasury yield back up again over the last few days at 4.3% is telling you the bond market is worried." Malik's comments are a reminder of the macro facts that investors have raced to forget about in the past month. As April economic data begins to arrive shortly, reflecting the month's tariff onslaught, investors will be reminded of what they are dealing with. And it may not jibe too well with the post 'Liberation Day' rally. But, hey, maybe I am all wrong here! Ditto the really smart investing people I mentioned in this missive! I am curious, though, about what stocks, ETFs, etc., you are buying right now and why. What is the single biggest factor in you hitting the buy button, knowing full well profit-busting tariffs remain in place? Drop me a line @BrianSozzi on X. Read more about what business leaders and top political figures are saying at the 2025 Milken Institute Global Conference: Treasury Secretary Scott Bessent aims to soothe nerves of international investors Bill Ackman: Trump tariffs on China should be paused and taken down Private equity titan Robert Smith: Tech stocks are still the place to be Apollo CEO: I don't agree with Warren Buffett on tariffs Mattel CEO on Trump tariffs: We'll raise prices and shift where we produce Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email
Time Magazine
10-05-2025
- Business
- Time Magazine
How Business and Finance Are Really Talking About Climate Change
Greetings from Los Angeles where the Milken Global Conference concluded earlier this week. For the uninitiated, Milken is a key stop on the conference circuit for many business and finance leaders—a great way to escape Manhattan to brush shoulders with industry titans and top policymakers in Beverly Hills. It is by no means a climate conference. This year, public sessions with U.S. Treasury Secretary Scott Bessent and NVIDIA CEO Jensen Huang drew packed ballrooms. But, to many, the real draw of the conference is the behind-the-scenes discussions—an opportunity for information gathering and dealmaking. For me, Milken is a great place to take the pulse on how key figures in the world of business and finance are feeling about energy, climate, and related issues. There is no doubt that climate has slipped from center stage as CEOs contend with tariffs and what might diplomatically be called a fast-changing policy environment. At the same time, it may come as a surprise to those who just follow the headlines, but the issue remains well-placed on the corporate agenda—not just in the ballroom discussion panels of the Beverly Hilton at Milken but in the behind-the-scenes executive conversations taking place in private meeting rooms, nearby restaurants, and even just the crowded hallways. The picture that emerges to me is a dynamic one. Companies are trying to navigate an increase in climate regulation in many jurisdictions around the world while at the same time contending with a U.S. government that doesn't want to hear about it. They are trying to protect their operations from the risks posed by climate change while conserving their financial resources in uncertain economic times. 'I've had hundreds of conversations since the election. I've never spoken with a company that said, 'You know what? We're going to let go of our net-zero target,'' said Nili Gilbert, vice chair at Carbon Direct, a company that invests in carbon management, on a Milken panel. 'However, there is a lot of conversation going on about the interim strategy.' My conversations at Milken will inform my reporting in the weeks to come, but for now I want to highlight a few things that stood out to me: Physical risk Much of the public discussion at the intersection of business and climate has focused on how companies can decrease their emissions. But companies have also been forced to look at how the physical risks of climate change may affect their operations. That rethinking is the result of both climate disclosure rules in Europe that require companies to assess how climate change threatens their operations, and recent climate-linked disasters that have brought those realities home. Many companies want to avoid talking about climate risk directly. It's not exactly a great PR move. But a careful look at many companies' more recent sustainability initiatives makes the link apparent. Think of an agriculture company that helps farmers in the supply chain use less water or a fashion company diversifying where it buys materials. 'Being able to map those impacts and hazards is super important,' said Melissa Fifield, who runs the BMO Climate Institute, on a panel I moderated focused on water and climate. 'It's a material impact to a lot of companies.' Investment speed Climate isn't an island. The trillions in investment that the world needs to mitigate and adapt to climate change will come in forms that might otherwise be classified broadly as infrastructure, venture capital, or private equity. And the uncertainty of the moment—political and economic—has made companies and investors reluctant to make big bets and instead focus on conserving cash. 'These asset owners… want to focus on climate and infrastructure,' said Mark Berryman, partner at Capricorn Investment Group, an impact investing fund, on a Milken panel. But 'they may just kind of tighten their belt in general, even if it was not a climate focused investment,' AI, meanwhile, is a bright spot for how companies might focus their investment. As I've written before, the race to build data centers has created a race to build clean energy. Financial innovation Innovation typically draws to mind new technologies, but financial innovation can be just as important to bring clean energy to market. Across the conference, it was reassuring to hear leaders at the intersection of climate and finance talk about different ways companies may soon be able to raise the money necessary to bring climate projects to life. That includes long-standing conversations like carbon markets and blended finance, where public or philanthropic dollars are combined with return-oriented investment. But it also includes new vehicles like private credit, an emerging asset class where investors outside of typical banks lend directly to companies. Ultimately, financial innovation is a key ingredient to any energy transition, and these questions will need to be settled.
