DIRS.INFO The most relevant business & tech news

☆ How Speaker Johnson helped Trump’s attempts to overturn the 2020 election
▼ + stars: | 2024-04-12 | by ( Marshall Cohen | ) edition.cnn.com time to read: +3 min

Years before becoming House speaker, Republican Rep. Mike Johnson of Louisiana played a leading role aiding Donald Trump’s efforts to overturn the 2020 election. That history will be on display Friday, with Johnson set to deliver remarks alongside the former president about “election integrity” – a phrase Trump often uses to describe the lie that the 2020 election was rigged and unfounded concerns about future mass voter fraud. Johnson carved out an influential role after the 2020 election, helping Trump’s attempts to subvert the will of the people and overturn the legitimate results. He later recruited a majority of House Republicans to endorse a Trump-backed lawsuit seeking to invalidate the results from four key states that Trump lost: Pennsylvania, Georgia, Michigan and Wisconsin. (In truth, as the Supreme Court later affirmed, judges have the power to review state election laws.)

Persons: Mike Johnson, Donald Trump’s, Johnson, ”, Trump, Trump’s, Joe Biden’s, ” Johnson, Hugo Chávez’s, Smartmatic, would’ve, Biden, – Johnson Organizations: Republican, Trump, Voting Systems, Biden, Dominion, Fox News, House Republicans, Republicans, Democratic Locations: Louisiana, Hugo Chávez’s Venezuela, Georgia, Pennsylvania, Michigan, Wisconsin, Arizona

☆ Pro-Trump attorney arrested after court hearing about leaked Dominion emails
▼ + stars: | 2024-03-18 | by ( Marshall Cohen | ) edition.cnn.com time to read: +5 min

CNN —A pro-Trump lawyer who tried to overturn the 2020 election was arrested Monday after a court hearing about her recent leak of internal emails belonging to Dominion Voting Systems. In the last 24 hours, Leaf has posted more than 2,000 internal Dominion documents on his social media account. The marshals declined to say whether they arrested her, and she didn’t answer messages seeking comment after the hearing. During the at-times testy hearing Monday, Magistrate Judge Moxila Upadhyaya peppered Lambert with sharp questions about the disputed Dominion materials. Dominion wants Lambert removed from the case and suggested in court Monday that she might have committed a crime by disseminating the files to Leaf.

Persons: Stefanie Lambert, Lambert, Dar Leaf, Donald Trump, Leaf, Patrick Byrne, “, Judge Moxila Upadhyaya, ” Upadhyaya, Byrne, ”, ” Lambert, Davida Brook, Rudy Giuliani, Sidney Powell, CNN’s Holmes Lybrand Organizations: CNN, Trump, Voting Systems, Dar, US Marshals Service, U.S . Marshals, Dominion, Leaf, meddled, US Intelligence, America, . Dominion, Fox News Locations: Michigan, Barry, Dominion, Washington ,, Serbia

The Senate voted 31-22 to pass Senate Bill 189, sending it on to the House for more debate. Also Tuesday, Burns' committee approved a state constitutional amendment that says only U.S. citizens can vote in Georgia elections. Supporters, including Raffensperger, claim the measure is needed to make sure no one ever changes the current Georgia law that bars noncitizens from voting. Some lawmakers hope new optical scanners can be purchased and used to count ballots without QR codes this year. All Democrats, even one who voted to ban QR codes in committee, voted against the Senate bill Tuesday.

Persons: Donald Trump's, Bill, Brad Raffensperger's, it's, Max Burns, ” Burns, Donald Trump, Alex Halderman, Raffensperger, Burns, noncitizens, Matt Hatchett, Sen, Sally Harrell, Harrell Organizations: ATLANTA, —, Republican, Sylvania Republican, Fox News, Dominion, Board, Georgia, Dublin Republican, Atlanta Democrat Locations: — Georgia, Georgia, Atlanta

☆ Tending to AI's power needs is a booming business. These stocks are in the sweet spot
▼ + stars: | 2024-01-23 | by ( Pia Singh | ) www.cnbc.com time to read: +13 min

In fact, "data centers are taking a disproportionate amount of incremental capacity being added by electrical equipment manufacturers." Much of the energy data centers consume is used to train AI models as well as to run them. Natural resources, power supply, funding — the necessities that allow for the existence of the data centers — aren't exactly infinite. The company's business took off last year as data centers began to need more electrical equipment capacity and generated more heat. JPMorgan has a neutral rating on GE with a $124 price target, 5.5% below the stock's Monday close.

Persons: Andrew Obin, Stephen Tusa, Obin, It's, TD Cowen, Michael Elias, Tusa, Eaton, hasn't, Elias, I've, Hubbell, repurposing, Martyn Briggs Organizations: Nvidia, Bank of America, JPMorgan, General Electric, Hubbell Power Systems, U.S . Department of Energy, Google, Oracle, Microsoft, Power, Bloomberg, Energy, GE, Dominion Energy, Dominion Locations: Eaton, BofA, U.S, Northern Virginia, FactSet

☆ Cramer: Diversification is crushing investors this year. Will 2024 be different?
▼ + stars: | 2023-11-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

The stock of Club holding Morgan Stanley (MS) dropped to $70 from $100 before bouncing back to $80 when interest rates recently peaked. Morgan Stanley and Schwab did nothing bad or shameful, but their multiples are shadows of their former selves. At least Morgan Stanley has a nice dividend yield of 4.25%. Key, Huntington, First Horizon, Morgan Stanley and Schwab are all good franchises that are regarded as cheap. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.

Persons: It's, Huntington Bancshares, Stephen Steinour, Chris Gorman, Bryan Jordan, Morgan Stanley, That's, Charles Schwab, Schwab, We're, Macy's, Albert Bourla, Myers, Meyers, Eli Lilly, let's, Mills, Campbell Soup, WK Kellogg, McCormick, Neutrogena, Johnson, Edwards, Zimmer Biomet, Becton Dickenson, Baxter, BAX, Ford, Hess, Tesla, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dominion, Federal Reserve, Nordstrom, Pfizer, Bristol, Myers, Hostess Brands, Novo Nordisk, PepsiCo, Hershey, Brands, Spice, Johnson, Moderna, American Electric Power, Duke Energy, Motors, JetBlue, EOG Resources, ConocoPhillips, Exxon Mobil, Nvidia, Apple, Federal Trade Commission, CNBC, Santiago, Getty Locations: Huntington, Memphis, Tennessee, Toronto, United States, Celgene, Bristol, New York City

☆ Stocks making the biggest moves midday: Hilton Grand Vacations, Paramount, Albemarle and more
▼ + stars: | 2023-11-06 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Hilton Grand Vacations — The stock declined roughly 7% after the lodging company said it would acquire Bluegreen Vacations for about $1.5 billion . Hilton Grand Vacations also posted its third-quarter results, posting revenue of $1.02 billion, down from $1.12 billion a year earlier. Berkshire Hathaway —The B-class shares of Warren Buffett's investment company fell nearly 2% after Berkshire reported its third-quarter results on Saturday. Constellation Energy — The energy company gained nearly 7% after raising its earnings guidance for the full year. The company anticipates adjusted EBITDA of $3.80 billion to $4 billion, while its previous guidance was $3.3 billion to $3.7 billion.

Persons: Raymond James, SolarEdge, Wells, Albemarle —, Berkshire Hathaway, Warren, Dan Eggers, Davidson, Yun Li, Alex Harring, Pia Singh, Jesse Pound, Tanaya Macheel Organizations: Hilton, Paramount Global, Bank of America, Albemarle, UBS, Berkshire, Dish, Constellation Energy, Dominion Energy, Barclays, Holdings, D.A, Booking Holdings Locations: Berkshire

☆ Stocks making big moves premarket: Dish Network, Bluegreen, Albemarle and more
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Dish Network — Shares dropped 6.2% premarket after the company missed Wall Street's expectations on both revenue and earnings, driven by substantial losses in its pay-TV retail wireless subscribers. Dish lost 26 cents per share in the third quarter, while analysts expected earnings of 5 cents per share, according to LSEG, formerly Refinitiv. Nvidia — The semiconductor stock added 1.1% premarket Monday, lifted by Bank of America's optimism about Nvidia's quarterly earnings due Nov. 21. Affiliated Managers Group — Shares of the asset manager company gained 2.5% third quarter earnings and revenue topped analyst estimates. AMG posted revenue of $525.2 million, exceeding analysts' estimate of $509.4 million.

Persons: Tesla, RingCentral, Schuster, SATS, Jane, FactSet, — CNBC's Brian Evans, Jesse Pound, Michelle Fox Theobald, Scott Schnipper Organizations: Reuters, Hilton, Paramount, CBS, Bank of America, Dish, Citigroup —, CNBC, Citigroup, Bora Bora, Nvidia, Bank of, UBS, Dominion Energy, Barclays Locations: Berlin, China, Albemarle

ATLANTIC CITY, N.J. (AP) — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry. Some projects already have been canceled, and many offshore wind developers are seeking better terms from governments with whom they have already contracted. Despite the challenges, some wind projects are moving forward. Orsted said it is proceeding with its Revolution Wind project in Connecticut and Rhode Island. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone.

Persons: ” Mads Nipper, “, ”, Louis Knight, Biden, Jeff Van Drew, “ David, Goliath, Robin Shaffer, Orsted, ___, Wayne Parry Organizations: CITY, New, Orsted, Northern, World Meteorological Organization, Sierra Club, “, U.S, Government, Office, Republican, Dominion Energy, Virginia Beach, American Clean Power Association, Oceantic Network, Shell, EDF Renewables, Atlantic Locations: N.J, New Jersey, Danish, U.S, New England, Carolinas, New York, Coast NJ, Connecticut, Rhode, Virginia, Atlantic Shores, EDF Renewables North America, www.twitter.com

VIRGINIA BEACH, Va. (AP) — A power company's plans for an enormous offshore wind farm off Virginia's coast gained key federal approval Tuesday after the Biden Administration evaluated the project's potential impact on the environment. The utility will still need federal approval of its construction and operation plans before more pilings rise above the Atlantic Ocean. Dominion said its project will be the largest offshore wind farm under development in the United States. The administration said it wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more than 10 million homes. The Southern Environmental Law Center cited the importance of offshore wind for cutting carbon pollution, which fuels climate change.

Persons: what's, “, Deb Haaland, Joe Biden's, Glenn Youngkin, Will Cleveland, Michael Town, ” Organizations: Biden Administration, Dominion Energy, of Ocean Energy Management, Dominion, Interior Department, Republican Gov, Southern Environmental, Virginia League of Conservation Voters Locations: VIRGINIA BEACH, Va, Virginia's, Atlantic, Virginia Beach, United States, Virginia

Murphy said Orsted was facing the same supply chain, inflation and other challenges that competitors in the offshore wind industry face. The decision was the latest in a series of setbacks for the offshore wind industry in the northeast. A handful of other offshore wind projects have been canceled. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone. The White House in statement Tuesday night noted that in just the past week several investments in offshore wind had been made.

Persons: Orsted, Biden, Mads Nipper, ” Nipper, Phil Murphy, Murphy, “, ”, Republicans —, Jeff Tittel, ” Michael Kikukawa, White, Wayne Parry Organizations: CITY, New, New Jersey Gov, Democratic, Republicans, Sierra Club, Dominion Energy, Dominion, Shell, EDF Renewables Locations: N.J, Danish, New Jersey, United States, Connecticut, Rhode Island, East, New York, Massachusetts, Spanish, Virginia, Virginia Beach, U.S, Atlantic Shores, EDF Renewables North America, www.twitter.com

☆ Fox’s top lawyer blasts judge in Dominion case, says trial would’ve been ‘months of utter pain’
▼ + stars: | 2023-10-16 | by ( Marshall Cohen | ) edition.cnn.com time to read: +4 min

Viet Dinh, former Chief Legal and Policy Officer for Fox Corporation. Dinh said Davis issued “really illogical” rulings in the pretrial phase, which “hamstrung” Fox’s defense strategy. This artist sketch depicts Judge Eric Davis of Delaware Superior Court on the bench Monday, April 17, 2023, in Wilmington, Delaware. Elizabeth Williams/APThe judge ruled that none of Fox’s on-air statements about Dominion were true and rejected Fox’s attempts to throw the case out. Dominion made many of these messages public through court filings, and they painted an incredibly damning picture of Fox News.

Persons: CNN —, Viet Dinh, Eric Davis, ” Dinh, –, Donald Trump, Joe Biden, Fox, Dinh, Davis, ”, Eric Davis of, Elizabeth Williams, Fox’s, Tucker Carlson, “ Organizations: CNN, Fox, Dominion Voting Systems, Fox Corporation, Delaware, Harvard Law, ” Dominion, Fox News, Eric Davis of Delaware Superior Court, Dominion, Harvard Locations: Viet, Delaware, Wilmington , Delaware, Smartmatic

☆ Data centers are booming. Their need for power is causing utilities to retreat on green energy.
▼ + stars: | 2023-10-09 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +18 min

Katie Hobbs at Google's September announcement of a a new $600 million data center in Mesa, Arizona. The amount of electricity needed to power data centers in the U.S. is expected to more than double by 2030, according to McKinsey. "With data centers, you're going to do all of the above to have capacity to meet those loads." Utilities struggle to meet data center loads while cutting carbonThe utility-level impact of the data center industry's energy demand reaches beyond Phoenix. In preliminary documents, it has identified data centers as "the major source of load growth during 2023-2038."

Persons: Karla Moran, Moran, Katie Hobbs, you've, Terry Boston, James Glynn, Glynn, Caryn Potter, it's, OPPD, that's, David Corbin, Corbin, Valerie Plesch, Aaron Ruby, Devon Smiley, Smiley, Lee Kestler, Ruby, George Frey, Wendy Bridges, Bridges, Jill Hanks, Hanks, Potter, Meghin Delaney, Reno, Kestler, EdgeCore, Hunter Holman, Delaney, Holman Organizations: Microsoft, Google, Digital Realty, Arizona Gov, McKinsey, PJM, Columbia University's Center, Global Energy Policy, Southwest Energy Efficiency, Utilities, Omaha Public Power, Sierra Club's, The Washington, Getty, Dominion Energy, Dominion, Blackstone, KKR, APS, Phoenix, Goodyear, NV Energy, Reno, Bay Area, Silver State, Western Resource Locations: Phoenix, Salt, Mesa , Arizona, City, Mesa, U.S, Arizona, Phoenix . Omaha , Nebraska, New York, Sierra Club's Nebraska, Woodbridge , Virginia, Virginia, Nebraska, OPPD, Eagle Mountain , Utah, Brookfield, Seattle, Goodyear, Bay, Nevada, Reno, Las Vegas, North

☆ Mike Lindell’s lawyers in Dominion lawsuit seek to quit case over millions of dollars in unpaid legal fees
▼ + stars: | 2023-10-05 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —Attorneys representing conspiracy theorist Mike Lindell and his company MyPillow in a defamation lawsuit brought by Dominion Voting Systems asked to withdraw from the case on Thursday after Lindell allegedly racked up millions in unpaid legal fees. In a court filing, Minnesota-based Parker Daniels Kibort said both Lindell and MyPillow have not paid the firm for its work on the case and won’t be able to pay future fees and costs. But Lindell was adamant that he would not settle with Dominion or Smartmatic, another election technology company suing him for defamation. The court must grant the attorneys’ motion to withdraw before they can formally drop Lindell and MyPillow as clients. Attorneys for Dominion did not have a position regarding the motion when it was filed, the court filing shows.

Persons: Mike Lindell, Lindell, Parker Daniels Kibort, MyPillow, won’t, “, ”, —, Joe Biden, Donald Trump, Steve Bannon’s Organizations: CNN, Dominion Voting Systems, Dominion, Lindell, Fox Locations: Minnesota

☆ Rupert Murdoch is stepping down from running Fox and News Corp. and is handing the reins to his son Lachlan
▼ + stars: | 2023-09-21 | by ( Rebecca Cohen | Lucia Moses | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch is stepping down from his role at Fox and News Corp., according to a company statement. "For my entire professional life, I have been engaged daily with news and ideas, and that will not change," Murdoch wrote. AdvertisementAdvertisementIt's unclear how Murdoch's media empire will change post-Rupert. Lachlan Murdoch, 52, has been CEO since 2019 after the baton switched back and forth between him and his brother James as to who would succeed their father. And while he's privately criticized Trump, he's also said that the Fox audience supports the former president, suggesting he knows that supporting Trump is good for Fox's business, CNN has reported.

Persons: Rupert Murdoch, Murdoch, Lachlan, Lachlan Murdoch, Trump, Jeanine Pirro, Maria Bartiromo, Lou Dobbs, Rudy Giuliani, Sidney Powell, Donald Trump, James, Rupert, He's, Tucker Carlson, he's Organizations: Fox, News Corp, Fox Corp ., Fox News, London, Voting, Dominion, Google, Meta, Street Journal, Hollywood, Fox Nation, CNN Locations: Rupert, FanDuel

☆ Factbox: US offshore wind projects facing inflation headwinds
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +10 min

One megawatt (MW) can power about 1,000 U.S. homes but since wind is an intermittent resource - 1 MW of offshore wind can power about 500 U.S. homes, according to offshore wind developers. SOUTH FORKDenmark's Orsted (ORSTED.CO), the world's largest offshore wind power developer, is building the 132-MW project off Rhode Island and Massachusetts. COMMONWEALTH WINDThe 1,232-MW project off Massachusetts, which was formerly a part of the larger New England Wind project, is also facing potential delays. ATLANTIC SHORES OFFSHORE WIND SOUTHThe joint venture between Shell and French EDF is developing a large offshore wind park off New Jersey. MARWINMaryland's first offshore wind project is expected to start operations in 2025-2026.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, GW, Lazard, Vineyard, Orsted, Eversource, NYSERDA, Norway's Equinor, Avangrid, MARWIN, Nerijus Adomaitis, Nichola Groom, Scott DiSavino, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S, U.S . Department of Energy, Reuters, Washington , D.C, U.S . Energy Information Administration, Avangrid, Copenhagen Infrastructure Partners, Public Service Enterprise, Orsted, Eversource Energy, Rhode Island Energy, Dominion Energy, Virginia Beach, Dominion, NYSERDA, COMMONWEALTH, Shell, EDF, US, Italy's Renexia SpA, US Wind, Thomson Locations: Washington , U.S, U.S, New England, New York, Pennsylvania, Washington ,, Spanish, Copenhagen, Rhode Island and Massachusetts, New Jersey, Rhode, Connecticut, Orsted, VIRGINIA, Virginia, York, Long, Montauk, Massachusetts, French, ATLANTIC, Atlantic Shores, Italy's Renexia, Maryland

☆ Lachlan Murdoch Pays $840,000 to Site He Had Accused of Libel
▼ + stars: | 2023-08-22 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: +1 min

Mr. Murdoch sued Crikey last August over an opinion column with the headline: “Trump is a confirmed unhinged traitor. And Murdoch is his unindicted co-conspirator.” The column did not specify whether it was referring to Mr. Murdoch or his father, Rupert Murdoch. Dominion had accused Fox of defaming it by repeatedly linking it to the false voter fraud claims in multiple broadcasts. That donation was a condition of the agreement with Mr. Murdoch. “This money was raised from the good will of people across Australia who believe in the importance of free speech,” Mr. Hayward said.

Persons: Murdoch, Crikey, “ Trump, Rupert Murdoch, Fox, Will Hayward, “, Mr, Hayward, ” Organizations: Fox News, Dominion, Private Media, Alliance for Journalists ’ Locations: crowdfunding, Australian, Australia

☆ Amazon built a data center empire in northern Virginia. Exclusive filings reveal it's using as much energy as a major city.
▼ + stars: | 2023-08-16 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +16 min

Amazon does not disclose how many data centers it occupies, where they are located, or how much electricity they consume. Many of Amazon's data centers listed in the permits have been built recently and some may still be under construction. "You cannot run a data center based on the variability of solar and wind," Boston said. Any producer of renewable energy can sell one REC for every megawatt hour of renewable energy it generates. Brady, the Cushman & Wakefield data center executive, said that data centers often match their backup generation to the capacity of a data center's power supply.

Persons: Shaolei Ren, David Ward, Abraham Silverman, Sean Brady, Glenn Youngkin, Steve Helber, Terry Boston, –, Ben Hertz, Wood Mackenzie, Andy Jassy Mike Blake, Amazon's, Priya Barua, We've, Barua, Blackstone, Weston Swenson, Brady, Swenson, Josh Levi Organizations: Amazon, Washington DC, Amazon Web Services, UC Riverside, Columbia University's Center, Global Energy, Cushman & Wakefield, Dominion Energy, France's, AP, Greenhouse Gas Initiative, Republican, State Corporation Commission, Boston, state's Department, Environmental, Reuters, Microsoft, Google, Apple, Clean Energy Buyers Association, Virginia's Department, Industry, Cushman &, Dominion, Data Center Coalition Locations: Virginia, New York City, Washington, Seattle, France, Ward, Northern Virginia, West Coast, Cushman & Wakefield, CBRE

☆ This ignored corner of the market offers yield for income-seeking investors — and it's on sale
▼ + stars: | 2023-07-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

The dividend coverage ratio measures the net income of a company relative to the amount of dividends paid out to shareholders. The Richmond, Virginia power producer also has a cash dividend coverage ratio of 3.2 and 7.2% upside to the average price target, according to FactSet. D YTD mountain Dominion Energy year to date With its 3.4% dividend, American Electric Power has the biggest upside to the average price target at 13.5%. NiSource has a cash dividend ratio of 4.4, a dividend yield of 3.6% and 11% upside to analysts' average price target. Three-quarters of the analysts covering NiSource rate it a buy.

Persons: FactSet, NiSource Organizations: CNBC Pro, Dominion Energy, American Electric Power, Merrillville , Indiana – Locations: Richmond, Virginia, Columbus , Ohio, NiSource, Merrillville , Indiana, Chicago

☆ Fox News paid a record-breaking sum to settle Dominion's defamation lawsuit. Smartmatic could get even more money.
▼ + stars: | 2023-07-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

The settlement Fox News may pay to Smartmatic could be around $1 billion, experts say. Disney's $177 million settlement for the infamous "pink slime" lawsuit in 2017 dropped to second place. Experts told Insider that the $787.5 million settlement is a strong benchmark for Smartmatic — and that Smartmatic will likely get more. Either way you slice it, using those baseline numbers brings you above the $787.5 million figure Fox paid to settle Dominion's lawsuit. "It's hard to extrapolate from the Dominion case in part because it never got litigated," Hans said.

Persons: Smartmatic, Erik Connolly, Connolly, Donald Trump, Sidney Powell, Rudy Giuliani, Joe Biden, Powell, Giuliani, Fox, Clay Calvert, James Goodale, Smartmatic's, Rupert Murdoch, Victoria Jones, Calvert, Erik McGregor, Hans, Goodale, Plimpton, De, Murdoch Organizations: Fox News, Dominion, Dominion Voting, Trump, Fox, American Enterprise Institute, New York Times, Fox Corp, Getty, Cornell Law, Debevoise Locations: cahoots, Delaware, New York, Washington ,, Africa, Europe, Smartmatic, Fox News's, York

☆ Stocks making the biggest premarket moves: Nike, Apple, Dominion Energy, Carnival and more
▼ + stars: | 2023-06-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Nike's fiscal fourth-quarter earnings were 66 cents per share, versus the 67 cents consensus estimate, per Refinitiv. Apple — Apple shares rose 0.8%, putting the tech giant on track to reach a $3 trillion market cap. Carnival — Shares of the cruise line rose 3% in premarket trading after Jefferies upgraded Carnival to buy from hold. Savers Value Village — Shares slipped 2% in the premarket, after jumping 27% during their first day of trading Thursday. Freyr Battery — The stock popped another 5% in premarket trading, following an 11% gain on Thursday.

Persons: Jefferies, Josh Weinstein's, Morgan Stanley, —, Sam Subin, Jesse Pound, Alex Harring Organizations: Nike, Nike —, Apple, Citi, Jefferies, Dominion Energy, Millstone, Constellation Brands, Corona, Revenue Locations: Chicago , Illinois, U.S, Pacifico

☆ Elon Musk invites longtime CNN host Don Lemon to start new show on Twitter following Tucker Carlson announcement
▼ + stars: | 2023-05-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Don Lemon and Tucker Carlson were both ousted from their jobs at CNN and Fox News on April 24. And as Musk tried to settle political concerns, he reached out to Lemon to suggest he do the same. Elon Musk reached out to former CNN host Don Lemon to suggest he starts a new show on Twitter, days after Fox News star host Tucker Carlson announced his own plans to do so. Lemon and Carlson, longtime TV news hosts, were both abruptly fired on April 24. If Lemon did take up Musk's offer, it could provide a liberal counterbalance to Carlson's impending Twitter show.

☆ Fox swings to a loss after its Dominion settlement
▼ + stars: | 2023-05-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Fox Corp. posted a loss in the most recent quarter after it paid a $787.5 million settlement to Dominion Voting Systems. The earnings statement didn’t mention Dominion Voting Systems, although it does refer to charges related to legal settlement costs at Fox News Media. Since its settlement with Dominion, Fox has fired its most popular anchor, Tucker Carlson. The Dominion settlement was reached on April 18. The better than expected earnings helped lift shares of Fox (FOX) rose in premarket trading following the report.

☆ Tucker Carlson once described his desire to see a 'mob' of white men 'hurt' a kid — 'I could taste it,' disturbing text shows
▼ + stars: | 2023-05-03 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Tucker Carlson once sent a text saying he wanted a group of white men to kill an "Antifa kid." Carlson texted a producer about the moment he felt blood lust seeing a "kid" being hurt. In the text — sent on January 7, 2021, one day after the Capitol riot — Carlson said that he found himself "rooting for the mob against the man, hoping they'd hit him harder, kill him." The text message was included — but redacted — as evidence in Dominion Voting Systems' defamation lawsuit against Fox News. The Times obtained the redacted Carlson text message from several unnamed sources who were granted anonymity to share the message.

☆ Fact Check-BlackRock owns shares in Dominion Energy, not Dominion Voting Systems
▼ + stars: | 2023-04-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

The world’s largest asset manager BlackRock Inc owns shares in power and energy company Dominion Energy Inc and not electronic voting company Dominion Voting Systems, which are two separate companies. Another Facebook post reads, in part: “Blackrock owns 59.M shares of Dominion Blackrock owns 45.7M shares of Fox. While the figure matches the one on social media, the filing was for Dominion Energy Inc, not Dominion Voting Systems. “Dominion Energy and Dominion Voting Systems are not related,” Ryan Frazier, manager of executive communications at Dominion Energy, told Reuters via email, adding that BlackRock is a shareholder in Dominion Energy common stock. “Blackrock does not own any shares of Dominion Voting Systems,” Isabela Velasco, a spokesperson for Dominion Voting Systems, told Reuters via email, adding that Staple Street Capital has a controlling stake in the voting systems company (here).

☆ The 7 theories for why Tucker Carlson got fired from Fox News
▼ + stars: | 2023-04-27 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +8 min

Tucker Carlson was axed by Fox News Monday, days after it settled Dominion's defamation lawsuit. Here are seven theories for why Fox News decided to part ways with Carlson. Since then, media industry insiders have been buzzing with different theories for why Carlson was pushed out. The C-wordWithin the Dominion lawsuit, there emerged a pattern of vulgar language spewed by Carlson throughout his time at Fox News. Rupert Murdoch (right) and Lachlan Murdoch at the US Open in 2018.

Search resuls for: ". Dominion"

25 mentions found