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A coming recession could end up sparking a "violent correction" in stocks, Gary Shilling told BI. The top forecaster pointed to warning signs of a downturn, such as a weaker job market. AdvertisementInvestors should be prepared for a recession with the potential to send the stock market plummeting this year, according to top forecaster Gary Shilling. That could be the final blow to the stock market rally fueled by investor overconfidence, causing stocks to drop by as much as 30%, Shilling said. Related storiesThe job market, for one, is "obviously slipping" as firms pull back on hiring, Shilling said.
Persons: Gary Shilling, , overconfidence, Shilling, we've, we're Organizations: Service, Business, Wall, Employers, San Francisco, Treasury
The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels. Here are five takeaways from Mr. Trump’s 11th day, and third week, on trial:A scandalous recording resurfaces. Ms. Hicks recalled consulting with Michael D. Cohen, Mr. Trump’s former lawyer and fixer, who eventually paid Ms. Daniels to keep quiet. On Thursday, prosecutors presented four more incidents and called Mr. Trump’s statements “corrosive.” Mr. Trump’s legal team argued that he was merely responding to political attacks.
Persons: Hope Hicks, Donald J, Trump, Gasps, Trump’s, Hicks, Stormy Daniels, Daniels, Ivanka, Donald Trump’s, Billy Bush, Mark Makela, Juan M, ” Mr, , Karen McDougal, McDougal, Michael D, Cohen, , Keith Davidson, Hillary Clinton, Davidson, Mr, Doug Mills, Clinton, , Justice Merchan, Merchan Organizations: White, White House, The Washington Post, , The New York, The, Wall Street, The National Enquirer, Trump, Manhattan Criminal, New York Times, Prosecutors, Mr Locations: Manhattan, Los Angeles
New York City’s congestion pricing program is scheduled to begin charging tolls to drive into the busiest parts of Manhattan next month, with the aim of generating a $15 billion windfall for the mass transit system. That money would not translate into lower fares or a huge subway expansion. The Metropolitan Transportation Authority, which oversees congestion pricing, has already earmarked the entire $15 billion for long-planned projects. Since congestion pricing has yet to get off the ground, the M.T.A. And now that $15 billion accounts for half the money the authority is expecting to finance its remaining projects.
Organizations: Metropolitan Transportation Authority Locations: York, Manhattan
Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts. Shifting their listings to the United States would be a blow to European exchanges, where they are among the largest listed companies. In the past, it would have been almost unthinkable for TotalEnergies, one of France’s most prominent companies, to consider moving its primary share listing from Paris. But the company’s chief executive, Patrick Pouyanné, discussed considering such a shift to analysts recently. “There was a discussion with the board,” Mr. Pouyanné said on a recent call to discuss earnings.
Persons: Patrick Pouyanné, ” Mr, Pouyanné, Organizations: Shell Locations: France, Britain, New York, United States, Paris
Mr. Netanyahu, who made the announcement on social media, had previously called Al Jazeera a “Hamas mouthpiece” and said he would close it. Israeli lawmakers passed a bill last month allowing the government to temporarily close foreign media outlets that Mr. Netanyahu determined were undermining the country’s national security. “The government under my leadership has decided unanimously: The incitement channel Al Jazeera will be shut down in Israel,” Mr. Netanyahu said on X, formerly Twitter. Al Jazeera “will no longer broadcast here in Israel and its equipment will be confiscated,” Israel’s communications minister, Shlomo Karhi, said in a video statement. Much of Al Jazeera’s reporting in Gaza has focused on the suffering of Palestinian civilians during the war, some of it involving its own staff and their families.
Persons: Ammar Awad, Benjamin Netanyahu, Israel, Netanyahu, , ” Mr, Al Jazeera, Shlomo Karhi, Al Jazeera’s, Wael al, Al Organizations: Al, Reuters, Journalism, Qatari, Hamas, West Bank Locations: Jazeera, Jerusalem ., Al Jazeera, Qatar, Israel, Gaza
Image Employees working at the offices of Al Jazeera in Jerusalem. Mr. Netanyahu, who made the announcement on social media, had previously called Al Jazeera a “Hamas mouthpiece” and said he would close it. Israeli lawmakers passed a bill last month allowing the government to temporarily close foreign media outlets that Mr. Netanyahu determined were undermining the country’s national security. “The government under my leadership has decided unanimously: The incitement channel Al Jazeera will be shut down in Israel,” Mr. Netanyahu said on X, formerly Twitter. In January, his eldest son was killed in an Israeli airstrike, according to the authorities in Gaza.
Persons: Ammar Awad, Benjamin Netanyahu, Israel, Shlomo Karhi, Al, Mr, Netanyahu, , Avraham Hasson, Hasson, Al Jazeera, , ” Mr, Wael al Organizations: Al, Reuters, Journalism, Hamas, West Bank Locations: Al Jazeera, Jerusalem ., Qatar, Gaza, Israel, Al Jazeera’s, Qatari
Worry not, padawans: CNN has laid out a comprehensive timeline of the “Star Wars” canon so you can follow all of the franchise’s time-jumps without getting lost in space. These details are pulled from the official “Star Wars” resources “Ultimate Star Wars” and “Star Wars Character Encyclopedia,” as well as a chart of the eras explored throughout the franchise. ‘Star Wars: The Clone Wars’ (animated series)Ahsoka is Anakin's padawan in "The Clone Wars," and he lovingly calls her "Snips." ‘Star Wars Rebels’Kanan Jarrus, Zeb Orrelios and Sabine Wren take on the Empire in "Star Wars Rebels." ‘Rogue One: A Star Wars Story’Heroes attempt to find the plans to blow up the Death Star in "Rogue One."
Persons: we’ve, Rey Skywalker, Jin, Anakin Skywalker, Wan, Anakin, who’s, Anakin’s, Darth Maul, Palpatine, Darth Sidious, Obi, , Padmé, , Count Dooku, Warner, Ahsoka Tano, Sidious, Darth Vader, Luke, Leia, Vader, , Han, Chewie, Jonathan Olley, scoundrel Han, Thrillist, frenemy, Lando Calrissian, ‘ Obi, Kanan Jarrus, Zeb Orrelios, Sabine Wren, ‘ Andor, Cassian Andor, Jyn Erso, Jyn, ’ Luke, , Yoda, batty, Lando, Yikes, Jabba, redeems, VI, VII, Grogu, Mando, Boba Fett, Jango Fett, flitted, Boba, Din, ” It’s, Ahsoka, Jabba the, Suzanne Tenner, Ezra Bridger, Hera Syndulla, Thrawn, Rey, Kylo Ren, ” Rey, stormtrooper Finn, Kylo, ’ Finn, Phasma, Ren, Snoke, MacGuffin, Poe, Emperor Palpatine, she’s, Jude, Kerry Condon, Lee Jung, jae, Amandla, Leslye Headland, James Mangold, Indiana Jones, Dave Filoni, Daisy Ridley Organizations: CNN, , “ Star, Lucasfilm, Everett, Lucasfilm Ltd, USA, , Warner Bros, Fox, Empire, Tech, Disney, Walt Disney Studios, ‘ Star Wars Rebels, Star Wars Rebels, AV, Pictures, Rebel, Rebels, Galaxy, imperials, Rotten, “ Star Wars Rebels, Force, Rey, C3PO, Jude Law, Variety Locations: Yavin, , Republic, Hunter, Luke’s, , USA, carbonite, New Republic, Endor
CNN —In travel news this week: submersible superyachts for billionaires, the megahub airport that could be the world’s busiest, plus new digital nomad visas in Turkey and Italy. New digital nomad visasPacking up your life and making a fresh start abroad is a dream for many, and new visa programs and tax incentives are making it a bit more achievable. Portugal, Spain and Costa Rica are some of the countries with popular digital nomad visas, and now there are two new options for remote workers. Turkey’s vibrant cities and glorious coastline can be enjoyed with its new digital nomad visa which is open to citizens of 36 countries, including the United States, Canada, France and the United Kingdom, ages 21 to 55. Italy’s long-anticipated digital nomad visa is also now accepting applications.
Persons: you’re, Hopper, he’d, “ It’s, , Latronico, there’d Organizations: CNN, European Union, European Economic, KSL, Mount Fuji Locations: Turkey, Italy, Portugal, Spain, Costa Rica, United States, Canada, France, United Kingdom, Italian, Italy London, Texas, Costa, Los Angeles, Basilicata, Austrian, Utah, Indonesia, Caicos, Mull, Kintyre, Miami
CNN —The news this week that Elon Musk laid off Tesla’s entire Supercharger team sent shockwaves of uncertainty through the industry tasked with building America’s new network of EV chargers. A fast and reliable charging network is an essential ingredient in getting more people to switch from gas-powered vehicles to electric, and some early types of chargers proved less than dependable. Tesla had a superior charging network long before President Joe Biden set an ambitious goal to install half a million stations around the US by the end of the decade. “There are many, many charging companies out there,” an EV industry source told CNN. “Charging is a difficult business, there’s no doubt about that,” the EV industry source said.
Persons: Elon Musk, Tesla, Joe Biden, NEVI, “ It’s, , it’s, ” Daniel Sperling, University of California Davis, Loren McDonald, ” McDonald Organizations: CNN, EV, Joint Office of Energy, Transportation, Electric Vehicle Infrastructure, NEVI, Infrastructure Law, , Institute of Transportation Studies, University of California Locations: EVAdoption, New York
Major breakthroughs with China’s toughest critics will be hard to come by unless Xi is ready to make surprise concessions. And the trip could instead serve to underscore divisions – not only between Europe and China – but those within Europe that could play to China’s favor, analysts say. Chinese President Xi Jinping and French President Emmanuel Macron visit a garden in Guangdong during Macron's state visit to China last April. Putin has said he plans to visit China this month, according to Russian state media. Xi may also look to highlight Chinese investments in both Belgrade and Budapest in a message to the rest of Europe.
Persons: Xi Jinping, Andrea Bocelli, , Xi, China –, , Noah Barkin, Hungary –, Ursula von der Leyen, Emmanuel Macron, Von der Leyen, Olaf Scholz, Chong Ja Ian, , Chong, Jacques Witt, China’s, Macron, Russia …, Wang Yiwei, Vladimir Putin, Putin, Aleksandar Vučić, Viktor Orban – Organizations: CNN, European Union, Ukraine, German Marshall Fund of, EU, , National University of Singapore, Getty, Beijing’s Renmin University, NATO, Reuters, EV Locations: China, Italy, France, Germany, United Kingdom, Russia, “ China, Europe, Berlin, United States, Serbia, Hungary, Beijing, Paris, “ France, North America, Guangdong, Ukraine, Switzerland, Barkin, , Belgrade, Budapest, Balkans, Balkan
A total of 1,000 homes are in a mandatory evacuation zone in the county, Polk County Judge Sydney Murphy told CNN. “Due to continuous rainfall across East Texas and rising levels in creeks and rivers, flood levels may increase. Please remain aware of changing flood levels along the Trinity River and ALL low-lying levels. Greg Abbott expanded the storm-related declarations in response to the flooding, according to a news release. The repeated bouts of heavy rainfall soaked soils, making many areas extremely prone to both flash and river flooding.
Persons: Hurricane Harvey, ” Emmitt Eldridge, Eldridge, , , ” Sherri Pegoda, Walker, Pegoda, ” Pegoda, , Sydney Murphy, Harvey, ” Harris, Lina Hidalgo, Greg Abbott, Hawley –, Bret Hendrickson, Brad Wilson, Hawley, CNN’s Allison Chinchar, Sara Tonks, Ray Sanchez, Andy Rose, Joe Sutton, Paradise Afshar Organizations: CNN, Panhandle, The Coast Guard, Texas Emergency Hospital, Coast Guard, Texas Children’s Hospital, Texas, Gov, San, Harvey, Storm Prediction, Hawley Police, Hawley Independent School, LSM, National Weather Service Locations: Texas, Houston, Gulf, East Texas, Hurricane, South Texas, San Jacinto County, Dallas, • Walker County, Walker County, • Polk County, Polk County, • Harris, San Jacinto, Hidalgo, Harris County, Crosby, Liberty County, Cleveland , Texas, Montgomery County, Livingston , Texas, Trinity, , Abilene, Hodges, Hawley, Hawley , Texas, Hodges , Texas, Louisiana, Groveton , Texas, Paradise
The fall of Gucci was inevitable
  + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +13 min
"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.
Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia
CNN —It’s a cliché to say that electricity surged through a courtroom — but it did when Hope Hicks took the stand Friday morning for her testimony in the election interference trial of former President Donald Trump. That is because as special counsel for the first Trump impeachment, I took her testimony on the alleged 2016 election influence scheme. When I took Hicks’ testimony for the impeachment proceedings, I found her to be a compelling witness, and the same was true Friday. Trump appeared to nod off repeatedly, including during Hicks’ testimony about how she first learned of the Daniels story. !” Asleep or awake, for Trump, Hicks’ testimony was a nightmare.
Persons: Norman Eisen, , Donald Trump, CNN —, Hope Hicks, Norm Eisen, Hicks, , Trump, Stormy Daniels, , Daniels, ” Hicks, Matthew Colangelo, Michael Cohen, Cohen, Organizations: CNN, Trump, Washington Post, Twitter, Facebook Locations: East
CNN —A violent hailstorm wreaked havoc on vineyards in Chablis in the famous French wine region of Burgundy Wednesday evening, delivering another weather blow to already hard-hit local Chardonnay winemakers. The extent of the damage was still unclear as winegrowers checked over their plots on Thursday, a representative for the Burgundy wine association told CNN. “We’ve never seen anything like this, it’s dramatic,” Julie Fèvre, a winemaker, told BFM. Some 38 million bottles of Chablis Chardonnay wine are sold every year, generating an estimated $340 million turnover, according to the Burgundy wine association. Around 67% of Chablis wine is exported to foreign markets, the association said.
Persons: “ We’ve, Julie Fèvre, BFM, ” Paul, Étienne, we’ve, Vincent Laroche, Marc Fesneau, , Chablis, ” Louis Poitout, we’ll, CNN’s Laura Paddison Organizations: CNN, Chablis, BFMTV, International Organisation of Vine Locations: Chablis, Burgundy, France,
Spain's Deoleo, the world's largest olive oil producer, says the industry needs to undergo a "profound transformation" as it grapples with one of the most challenging moments in its history. A perfect storm of climate change, soaring prices, high interest rates and robust inflation has taken its toll throughout the olive oil value chain in recent months. Spain accounts for more than 40% of the world's olive oil production, making it a global reference for prices. Extra virgin olive oil prices in Spain's Andalusia hit a record high of 9.2 euros ($9.84) per kilogram in January. Olive oil prices have cooled due in part to an uptick in production estimates and beneficial rains in March and April.
Persons: Spain's Deoleo, Miguel Angel Guzman, Guzman Organizations: CNBC Locations: Europe, Spain, Andalusia, Olive
CNN —An eerie relative calm has descended on the Middle East — Gaza obviously excluded — since a highly alarming exchange of missile, rocket and drone attacks by Israel and Iran in recent weeks. Now, the recent exchange of direct military attacks with Iran might have sealed Lebanon’s fate, unless team Biden can restrain Israel. On April 1, Israel struck an Iranian diplomatic facility in Damascus, killing a number of senior Iranian officials including Brig. As Israel’s forces moved south through Gaza, obliterating Hamas brigades with relative ease, its thinking relatively quickly turned north again. If this happens, a primary US goal regarding the Gaza war — conflict containment — would be shattered not by Washington’s adversaries, but ironically by its closest regional partner.
Persons: Hussein Ibish, Read, Biden, Israel, Mohammad Reza Zahedi, Haji Rahimi, Hossein Amirollah, Louai Beshara, Benjamin Netanyahu, Yoav Gallant, Charbel Mallo, Israel —, Joe Biden Organizations: Gulf States Institute, Israel, CNN, Biden, Hezbollah, Brig, Iran’s, Quds Force, Getty, Iranian, Israeli Locations: Washington, East, Gaza, Israel, Iran, Lebanon, Iranian, Damascus, Brig, Syria, AFP, Tehran, United States, Kafr Kila, Lebanese
CNN —Beekeeper Matt Hilton said the last few days have been “crazy” after becoming the latest star of Major League Baseball. Hilton became the hero on Tuesday after he was called out to deal with a swarm of bees that was delaying the Arizona Diamondbacks vs. Los Angeles Dodgers game. I mean, I’m going to Chase Field and the Diamondbacks and Dodgers playing,” Hilton told CNN Sport’s Don Riddell. Beekeeper Hilton hypes up the crowd after removing the swarm of bees. Limited edition trading cardThe spotlight, though, still remains on Hilton after the beekeeper’s efforts were further rewarded with his very own Topps trading card.
Persons: Matt Hilton, Hilton, Arizona’s, ” Hilton, CNN Sport’s Don Riddell, , , Bonnie Tyler’s “, Beekeeper Hilton hypes, Christian Petersen, “ It’s, I’m, “ We’ve Organizations: CNN, Major League Baseball, Arizona Diamondbacks, Los Angeles Dodgers, Chase Field, Diamondbacks, Dodgers, Blue Sky Pest, Hilton, Topps, ” Topps, Twitter, The Arizona Diamondbacks, San Diego Padres
America's falling population isn't necessarily bad for the economy, Fisher Investments said. The US birth rate just fell to its lowest level in over 40 years, according to provisional CDC data. AdvertisementAmericans aren't having nearly as many kids as they used to, but that won't be the blow to the US economy that many have feared, according to Fisher Investments. Related storiesBut fewer babies being born isn't necessarily a bad thing for the economy, the firm said. "Yes, falling birth rates could have negative long-run ramifications if a true reduction in human capital and other factors don't offset this.
Persons: , Goldman Sachs, Fisher, Ken Fisher Organizations: Fisher Investments, Service, Centers for Disease, Bank
Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question. Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value. And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.
Persons: New York CNN — David Zaslav, , WBD, , Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, Organizations: New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall Locations: New York
CNN —Twice a week this spring, a nude performance artist sits inside a small wooden box in a New York gallery waiting to be touched. Courtesy Lévy Gorvy DayanVisitors to Lévy Gorvy Dayan on New York's Upper East Side can interact with the sculpture and performance artist inside during twice-weekly performances this spring. “Yves Klein: The Tangible World” brings together many of the artist’s lesser-seen works. “I wanted to show Yves Klein’s love for the body, and the aliveness that the body represents,” said Dominique Lévy, a co-founder of the gallery, which represents Klein’s estate. “He’s the first artist to really incorporate performance as an artistic act and as a practice,” Lévy said.
Persons: , Yves Klein, , , , “ Yves Klein, Gorvy Dayan, Klein, Dominique Lévy, Lévy Gorvy Dayan, Julian Rigg, Yves Klein’s, ” Klein, ” Lévy, ” Hugo Alexander, Rose, he’s, ” Krause, Lévy, Alexander Organizations: CNN, Lévy Gorvy Dayan Visitors, Artists Rights Society, Marina, Museum of Modern Art, School of Visual Arts Locations: New York, French, New, ADAGP, Paris
There’s the Sapphire caricature from “Amos ’n’ Andy,” the emasculating shrew who is rude, meanspirited and prone to fits of rage. There’s the welfare queen — a stereotype popularized during Ronald Reagan’s 1976 presidential campaign — rooted in the toxic combination of promiscuity and work avoidance. And of course, there’s the idea of the angry Black woman, a stereotype that often overlaps and amplifies others. In the American psyche, it’s the Miss Millie story line from Alice Walker’s “The Color Purple,” about someone so blinded by a conception of her own virtue that it doesn’t register when she condescends. She fully believes that it is her right and that her request, politely spoken, must be honored.
Persons: “ Amos ’, Andy, , Ronald Reagan’s, mammy, Millie, Alice Walker’s “, Sofia Organizations: Sofia Locations: Sofia
CNN —The Arizona Senate on Wednesday will vote on legislation to repeal the state’s 160-year-old near-total abortion ban, three weeks after the state Supreme Court revived the law and thrust reproductive rights into the political spotlight. Katie Hobbs signs it, as expected, it would clear the way for the state’s 15-week limit to remain state law. On April 9, the state Supreme Court ruled that the ban should be the state law. Abortion rights advocates are also gathering signatures for a ballot initiative to enshrine abortion rights into the state constitution. Several Arizona House members, including House Speaker Ben Toma, spoke out against the repeal last week.
Persons: Republican Sens, Shawnna, Shope, Katie Hobbs, Roe, Doug Ducey, Donald Trump, Kari Lake, Kris Mayes, Mayes, Court’s Roe, Wade, , , Barrett Marson, Ben Toma, Rachel Jones, ” CNN’s Natasha Chen, Jason Kravarik Organizations: CNN, The Arizona Senate, Republican, Senate, Democratic, adjourns, Arizona Supreme, Republicans, , Democrats, Arizona House Locations: Wade, Arizona
CNN —Donald Trump used his day off from a criminal trial related to a past election to cast a dark, familiar shadow over the next one. Trump cut an unrecognizable figure from the grim ex-president who bleats a daily dirge of complaints about his hush money trial outside Judge Juan Merchan’s court. On specific issues, surveys show Trump leading Biden on most issues including the economy, immigration, and the Israel-Hamas war. “A chilling glimpse into Trump’s second term plansSix months before the election, Trump’s searing campaign rhetoric is becoming less an exercise in performative demagoguery than a blueprint for a potential second term. In the Time interview, Trump comes across as confident and determined to learn the lessons of his first term in which he claims he was let down by “bad” officials.
Persons: Donald Trump, Joe Biden, , Trump, bleats, Juan Merchan’s, ” Trump, he’s, Merchan, Joe Biden’s, Biden, Kamala Harris, Roe, Wade, David Axelrod, Barack Obama, Axelrod, CNN’s Erin Burnett, , Trump’s, doesn’t, he’d, It’s, Eric Cortellessa, ” He’s, quagmire, it’s Organizations: CNN, Milwaukee Journal Sentinel, Capitol, shudder, White, Democratic Party, , Columbia University, Trump, National Guard, Guard, Republican, , Locations: Wisconsin, Michigan, Manhattan, America, crackdowns, , “ New York, North Carolina, Israel, Florida, Freeland , Michigan, Washington, China
Read previewDrake and Kendrick Lamar were once considered collaborators, perhaps even friends. Over the years, however, Drake and Lamar came to represent very different versions of hip-hop greatness: the former is a commercial juggernaut, racking up No. Today, their separation is more apparent than ever: Drake and Lamar have become all-out foes. AdvertisementIn the former, Drake mocks Lamar's height with a reference to his latest Grammy-winning album, "Mr. Morale & the Big Steppers." "I hate the way that you walk, the way that you talk, I hate the way that you dress."
Persons: , Drake, Kendrick Lamar, Lamar, who's, it's, Lamar's, Cole's, Aubrey, Cole, Aubrey Graham, Taylor, Tupac Shakur, Angel Diaz, Sowmya Krishnamurthy, Krishnamurthy, Alphonse Pierre, Pierre, Pusha, Drake teardowns, DMX, Hunter Harris, Lamar's catty, Zoe Guy, Guy, Andre Gee, Lamar didn't, Gee, Kendrick doesn't, DJ Marseel, Shamira Ibrahim, I'm, Kendrick, bec, Tay Organizations: Service, Beatles, Business, Metro, Morale, objectifying, Billboard, Pitchfork, Stone Locations: Lamar
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.
Persons: , hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research
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