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Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.
Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville
The author's son's arm got stuck in a pool drain. It is not just a summertime issue; water safety is essential 365 days a year. First, pool drains should comply with drain safety laws, which we helped enact after Zachary's death. Finally, a secured pool cover that can withstand the weight of a child is another safety option. In addition to physical barriers around pools, it's vital to equip families with the skills necessary for a lifetime of water safety.
Persons: Zachary, Brian, Tragically, ZAC Camps Organizations: Service, Business, ZAC Foundation Locations: Sydney
Her trip inside B-15 marked the first time anyone ever dove beneath an iceberg. Professional diver Jill Heinerth has been exploring Earth's oceans for 35 years. Once inside, Heinerth described it as "this dynamic environment that's beautiful. During their second dive inside B15, they got caught in a powerful current sucking them deeper inside the iceberg. AdvertisementSince Heinerth's dive, iceberg B15 has almost entirely melted away.
Persons: Jill Heinerth, She's, it's, Heinerth, Jill, gobsmacked, www.IntoThePlanet.com Organizations: Service, Business, Disney, WBUR, NASA Locations: Jamaica, Antarctica, B15
Other opportunities for investors to participate in spinoffs will be coming soon. If a company spins off a company in a different sector, the new stock tends to outperform because it's likely undervalued. Winners and upcoming beneficiaries Roth MKM also recently highlighted spinoff stocks' outperformance over the past year. GE Vernova is one of its current favorite spinoff stocks — which the company said to "buy buy buy." Industrial company Esab , a Swedish-American company that makes welding and cutting equipment, is another spinoff beneficiary, according to Roth MKM.
Persons: Morgan Stanley, Todd Castagno, Wolfe, Roth MKM, Roth, Esab, Sylvamo, JC O'Hara, Baxter, Edwards Lifesciences, Edwards, — CNBC's Michael Bloom Organizations: General Electric, GE Vernova, Wolfe Research, Baxter International, Unilever Locations: Swedish, American, Enovis, Memphis, Latin America, Veralto
New York CNN —Prosecutors in Donald Trump’s hush money trial dove into the paper trail at the heart of their case on Monday, revealing to jurors exactly how Michael Cohen was repaid by Trump’s trust and personal accounts in 2017 after he paid hush money to Stormy Daniels. Here are the takeaways from day 12 of the Trump hush money trial:Judge threatens to jail TrumpMerchan began Monday’s session by announcing he found Trump in contempt for violating his gag order a 10th time, after fining him last week for nine violations cited by prosecutors. Both of the witnesses worked for Trump for decades – Tarasoff still works for the Trump Org. Trump fully turned in his chair to watch Tarasoff’s testimony when his attorney, Blanche, began his cross-examination of the Trump Org. was like a “family-run business.”Eric Trump, who is still in charge of the Trump Org., and attorney Alina Habba, who represented Trump Org.
Persons: Donald Trump’s, Michael Cohen, Stormy Daniels, Cohen, Juan Merchan, Trump Merchan, Trump, fining, fining Trump, Mr, ” Merchan, , ” Trump, Merchan, Daniels, Jeffrey McConney, McConney, Deborah Tarasoff, ” McConney, CNN Tarasoff, Donald J, , David Pecker, Keith Davidson –, Allen Weisselberg, Daniels ’, Davidson, Cohen –, who’ve, Emil Bove, Weisselberg, ” Tarasoff, Todd Blanche, – Tarasoff, “ You’re, , Blanche, ” Eric Trump, Alina Habba, Tarasoff, Eric Trump Organizations: New, New York CNN — Prosecutors, Trump Organization, Trump, Trump Org, Trust, CNN, White, Trump Revocable Trust, Consultants Locations: New York, Washington, McConney, Sharpie
Shruti Gandhi has a simple rule for meeting founders: She only takes the meeting if she wants to invest. Being the solo general partner of her firm, the early-stage outfit Array Ventures, also means she can get deals done quickly. Over the past five years, she's returned most of her maiden $7 million fund to limited partners at a net multiple of almost four. For founders, by foundersThe founders Gandhi has backed like working with her because of her technical chops and hands-on approach. We will back you if you raise a fund,'" Gandhi said.
Persons: Shruti Gandhi, Gandhi, Nikhil Teja Kolli, Kolli, she's, wasn't, Dumbledore, Harry Potter, Champ Bennett, Zimperium's Zuk Avraham, Mehul Nariyawala, Google —, Doktor Gurson, Gurson Organizations: Ventures, Business, PayPal, IBM, Columbia University, True Ventures, Samsung, Google, University of Chicago Booth School of Business, Rad Locations: India, Poughkeepsie , New York, She's
That was eight years ago and followed an egg-freezing debacle that made it blindingly clear my path to parenthood would be circuitous, at best. @#$" — assumedly a stand-in for an expletive and, as it turned out, a very accurate foreshadowing of what was to come. Being pregnant at my age has proven a challenge, in more ways than oneNow, at 47, I am eight months pregnant and nearly downright blissful. AdvertisementLast summer, following two surgeries (one nearly killed me) for uterine fibroids, I was finally ready to go. The truth is, there was no other path to parenthood for me.
Persons: Organizations: Service, Central, Business
Rumors that the Hollywood star Lindsay Lohan was in rehab. A lawsuit by Hulk Hogan, the former pro wrestler, against the gossip website Gawker for publishing a tape of him having sex. Testimony on Thursday at former President Donald J. Trump’s criminal trial in Manhattan dove deeply into the celebrity-obsessed digital media environment of the past fifteen years or so that helped fuel Mr. Trump’s rise to political prominence. In his testimony, particularly as he was cross-examined, Mr. Davidson and a defense lawyer, Emil Bove, together led the jurors on a whirlwind tour of several gossipy and tawdry deals he had a hand in. Prosecutors say that the former president’s efforts to continue to keep the story hidden were criminal.
Persons: Charlie Sheen, Lindsay Lohan, Hulk Hogan, Donald J, Keith Davidson, Davidson, Emil Bove, Karen McDougal, Stormy Daniels, Trump, Michael D, Cohen Organizations: Hollywood, Prosecutors Locations: Manhattan, Los Angeles
CNBC's Jim Cramer told investors to take Federal Reserve Chief Jerome Powell at his word when he said on Wednesday that it's unlikely there's a rate hike on the horizon, even as inflation remains stubborn. Although Powell's comments calmed many on Wall Street, Cramer said it's likely investors will become anxious again ahead of employment data set to be released Friday. Even though Powell didn't suggest there will be a rate cut in the near future, Cramer stressed that he managed to take "the dreaded rate hike scenario off the table." The Fed also decided it would slow the price of bond sales, which Cramer said is a "dovish sign." He just thinks that inflation will gradually go away on its own, making him more of a dove than a hawk," Cramer said.
Persons: CNBC's Jim Cramer, Jerome Powell, Cramer, Jay Powell — He's, Powell Organizations: Federal
To do so, Edelman recently promoted Brian Buchwald to global chair of product and AI to oversee the firm's AI investments. Buchwald joined Edelman in 2023 and was previously the global head of product, trust data, and technology at the firm. Previously, this tool used small language models and now uses generative AI and large language models, Buchwald said. Using generative AI has increased the tool's ability to predict future trustworthiness with 97% accuracy, he said. More broadly, holding companies have made significant investments into generative AI for content creation that compete with Edelman.
Persons: Edelman, Taco Bell, Brian Buchwald, Buchwald, Weber, Interpublic Group's Weber, Jay Pattisall, Forrester Organizations: eBay, Business, New York Times, Google, Adobe, Edelman, WPP Locations: Talkwaker
CNN —Orlando Bloom knows successful partnerships often require personal growth. When I came up it was just on every radio station, but I wasn’t conscious of what I was listening to. But I fell in love with Katheryn, this girl from Santa Barbara,” Bloom replied. “But it also makes for a lot of fun and a lot of growth.”The two began dating in 2016. Bloom added that he wouldn’t change the relationship for anything.
Persons: Orlando Bloom, Trevor Noah ”, ” Noah, Bloom, Katy Perry, , Katy, ” Bloom, Perry, Daisy Dove, we’ve Organizations: CNN Locations: Santa Barbara, Montecito
Rebecca Gau, a self-described “reasonable Republican” in Mesa, Ariz., is conflicted about many things that her party promotes. But she knows exactly what she thinks about Arizona’s new — or rather, very old — Civil War-era abortion ban. “Are you nuts?” she said, adding that she was frustrated with the ban and Republican politicians inserting themselves into women’s health choices. Across the country, fractures are emerging among conservative and centrist Republican women, as they confront an unrelenting drumbeat of new abortion bans and court rulings. For years, the party’s message was simple and broad: Republicans oppose abortion.
Persons: Rebecca Gau Organizations: Republican Locations: Mesa, Ariz
AdvertisementMy son was on life support for two weeksMy friend gave Yori CPR, and then I stepped in. Black children like Yori are more than 2.5 times more likely than their white peers to drown. AdvertisementChezik Tsunoda still allows her three living sons to swim, but has taught them water safety. When someone is drowning, reach toward them, throw them a flotation device, but — unless it's a very small child — don't go to them. Stick with swim lessonsJust weeks before Yori drowned, he tried swimming lessons and hated them.
Persons: Chezik, Yori, Tsunoda, , Yori's, Tim Gbunblee, tucking, hadn't, aren't, I'd Organizations: Service Locations: Washington,
Analysts expect the S & P 500 to have a year-over-year earnings growth rate of 3.2%, FactSet data shows. If that's the case, it would mark the third consecutive quarter of earnings growth. The reporting period could also be a good time for tactical opportunities in the stock market. The bank also expects these names to see sharp moves after posting earnings, based on what the options market shows. The options market implies a 4.1% move for Nasdaq on after the April 25 report is released.
Persons: Goldman Sachs, John Marshall, Goldman, Lizzie Dove, Per Goldman, Toshiya Hari Organizations: JPMorgan Chase, Citigroup, Royal Caribbean Cruises, Nasdaq, Semiconductor, Broadcom Locations: Wells, China, Asia
Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.
Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, , underscoring, ’ ”, Tsai Ing, , Lai, Lai’s, fixating, , ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, , Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, , Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington
The résumé that landed Virmani a job at Google is two pages long — a decision he defends today. Six months after deciding to switch careers, he landed a role as a data and machine learning specialist at Google's Seattle office. Related storiesHere's the résumé he used to apply for his job at Google, which pays more than $300,000 a year. She sent her video résumé, which took her 10 hours to create, to the hiring manager directly, Kobayashi previously told BI. A Google recruiter saw the video and reached out to her, and she eventually landed a role at the tech giant.
Persons: Ankit Virmani, , Virmani, Ankit, you'll, Gen Zs, West, Mariana Kobayashi, Kobayashi, Axel Springer Organizations: Deloitte, Google, Service, Microsoft, Business Locations: India, Seattle, shubhangigoel@insider.com
Disappointing investors Tesla's inability to meet estimates and boost demand for its models has spurrred the newfound skepticism. The comments from Wood came one day after her firm purchased nearly $40 million worth of Tesla shares. A lack of investor understanding of the value of these alternative businesses and their future contribution to Tesla profits is plaguing Tesla shares, according to Corestone Capital's Will McDonough. TSLA 1Y mountain Tesla shares over the last year "Valuing Tesla as a car company is akin to valuing Amazon as a book sale company," the investor said. "There are definitely concerns in the marketplace around demand" for Tesla vehicles, said Robert W. Baird senior research analyst Ben Kallo.
Persons: Tesla, Morgan Stanley, Adam Jonas, Wedbush's Dan Ives, Ives, Michael Sansoterra, Tim Pagliara, EVs, Sansoterra, that's, CNBC's Andrew Ross Sorkin, Cathie Wood, Wood, Brad Gerstner, Elon Musk, Corestone Capital's Will McDonough, Robert W, Baird, Ben Kallo, We're Organizations: Elon, Silvant Capital Management, Wall, Motors, Ford, Toyota, Silvant, Ark Investment Locations: U.S, China
Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Wayfair — The home-focused e-commerce retailer rose nearly 5% following an Evercore ISI upgrade to outperform from in line. For the period, the retailer posted adjusted earnings of 26 cents per share on $1.56 billion in revenue. Conagra reported earnings of 69 cents per share on revenue of $3.03 billion, exceeding FactSet's estimates of 65 cents per share on revenue of $3.01 billion. Intuitive Machines — The space stock soared nearly 11% after Intuitive won a NASA contract for $30 million to build a lunar terrain vehicle.
Persons: Goldman Sachs, Lizzie Dove, Morgan Stanley, Wayfair, Levi Strauss —, Conagra, Lamb Weston, FactSet, — CNBC's Alex Haring, Sarah Min, Samantha Subin Organizations: Hertz, Goldman, Zeta Global, Zeta's, LSEG, NASA
The State Department has continued to publicly defend its decision making around the NEO as well as the ending of the war. Milley and retired Gen. Kenneth McKenzie, who were in charge of the US military during the withdrawal, blamed the State Department for not ordering a NEO sooner. The State Department officials did not weigh in on whether calling a NEO sooner would have had a substantial impact, as this would have preceded their arrival in Afghanistan. Although the State Department has faced sharp criticism from the Defense Department – most recently in a congressional hearing with retired Gens. Coordination with the militaryAnd on the ground, as they grappled with the frenzied and fluid situation, State Department officials and service members at Hamid Karzai International Airport were regularly coordinating.
Persons: John Bass, Jim DeHart, Jayne Howell, Michael McCaul’s, McCaul, Biden, , Mark Milley, ” Howell, DeHart, ” Bass, Hamid, Bass, Wendy Sherman, Washington . Howell, I’m, Howell, , Trump, Anna Moneymaker, Milley, Kenneth McKenzie, McKenzie, Vedant Patel, “ It’s, Defense Department –, Gens, Kenneth McKenzie –, ” DeHart, didn’t Organizations: CNN, State Department, House Foreign Affairs, Republican, Department, Foreign Affairs, Chiefs, House Foreign, , DC, State, Department of Defense, Airport, Foreign Service Institute, Pentagon, Biden, Joint Chiefs, Staff, US, US Central Command, ” State Department, Defense Department, Hamid Locations: Afghanistan, Kabul, Afghan, Ukraine, Kabul Afghanistan, Washington ., Turkey, Rayburn, Washington , DC, extremis
As the press, young stars had been trained to put their best face forward whenever I was around. But what about the perspective of the teen stars whose names — and lives — we were actually using? I interviewed hundreds of young stars periodically as they worked on new projects. I'm not sure if young stars should be allowed to be interviewed at allI've now watched "Quiet on Set" several times. Had the questions I'd been asking hurt anyone in ways I was unaware of?
Persons: Drake Bell, , Drake, Josh, should've, Rachel Chang, I'd, Jenette McCurdy, Ariana Grande, Brian Peck, Bell, I'm, publicists Organizations: Service, Business, Kids, Hollywood Locations: Hollywood, New Jersey
LONDON (AP) — Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. London-based Unilever said its ice cream business, which also includes Magnum bars, has “distinct characteristics” from its other brands and would benefit from separate ownership to increase growth. The British consumer goods company with 128,000 employees also said it is launching a “productivity program” that is expected to lead to a reduction of about 7,500 mostly office-based jobs worldwide. The company behind Hellman’s mayonnaise, Axe fragrances and Cif household cleaners said it is targeting underlying sales growth of mid-single digits after spinning off the ice cream business. It saw sales volume drop 3.6% in 2022 after jacking up prices 13.3% on average across its brands that year.
Persons: Hein Schumacher, , Richard Hunter Organizations: — Unilever, Unilever, London Stock Exchange Locations: London
Chancellor Olaf Scholz and President Emmanuel Macron of France met in Berlin on Friday looking to smooth over their differences on how to support Ukraine in its war with Russia and allay concerns that the Franco-German “engine of Europe” is sputtering. Mr. Scholz hosted Mr. Macron alongside Poland’s prime minister, Donald Tusk, as Europe struggles to maintain unity at a critical moment, with U.S. support for Kyiv in question and Russian forces having made gains on the battlefield. In recent weeks, the differences between the allies have become unusually public and bitter, even as all agree that support for Ukraine is crucial to preventing further Russian aggression in Europe. Mr. Macron, eager to stake out a tougher stance toward President Vladimir V. Putin of Russia, chided allies not to be “cowards” after they strongly rebuffed his suggestion that NATO countries should not rule out putting troops in Ukraine. From being Europe’s dove on Russia, the French leader, feeling humiliated over his initial outreach to Mr. Putin, has been transformed over the past two years into its hawk.
Persons: Olaf Scholz, Emmanuel Macron, Scholz, Macron, Donald Tusk, Vladimir V, Putin, Organizations: Franco, U.S, Kyiv Locations: France, Berlin, Ukraine, Russia, German, Europe
In 2021, I moved to Guanajuato, Mexico. Dixon posing in front of Grüner See, a lake in Styria, Austria Courtesy of Hannah DixonI'm American and British. Friends, who were fellow digital nomads, suggested we consider moving to Guanajuato, Mexico. Dixon and wife Kim Gorchs, on a colorful street in Guanajuato, Mexico. But I learned that renting a place to live in Mexico is a million times easier once you're on the ground.
Persons: , Hannah Dixon, It's, Dixon, it's, who's, Hannah Dixon I'm, Brexit, I, Kim Gorchs, I'd, I've, Animales, we've, we'll Organizations: Service, Virtual Excellence Academy, Business, Kansas City, National Institute of Migration, Facebook, Sun Locations: Mexico, Bangkok, New York, France, Budapest, Hungary, Guanajuato, Austria, Graz, Styria, Mexican, Kansas City, Kansas, Teotihuacan, Mexico City
This photo released by Kensington Palace shows Kate, Princess of Wales, with her children, Prince Louis, left, Prince George and Princess Charlotte. In a constitutional monarchy where kings and queens wield little actual, but plenty of soft power, visibility is everything. Perhaps the biggest clue: How on earth had William managed to capture all three children smiling at the same time? The palace meanwhile failing to issue a comment for long hours while the nation dove head first down the rabbit hole. More than 12 hours later, Kate finally responded: “Like many amateur photographers, I do occasionally experiment with editing,” she said on social media.
Persons: Rosa Prince, Read, Catherine , Princess, Wales, scurrilous, Kate, Prince William, Prince George, Princess of, Prince Louis, Princess Charlotte, Princess, King Charles III, Charles, – Kate, Barbie, William’s, Diana, , William, Queen Elizabeth II’s, Prince Harry, Meghan, Duchess of Sussex, Prince Andrew, Jeffrey Epstein, Elizabeth, George, , Louis ’, Organizations: Politico UK, London CNN, Kensington Palace, Royals, AP, Reuters Locations: Kensington, Princess of Wales, Buckingham, Russia, Europe, California, British
Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Haiyun Jiang/Bloomberg/Getty Images Haley takes the stage at her election night watch party in Charleston, South Carolina, in February 2024. Haley “won’t just go away,” said Katon Dawson, a longtime Haley ally and former chair of the South Carolina Republican Party.
Persons: Nikki Haley, Donald Trump, Haley, Trump, eked, , ” Haley, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Haiyun Jiang, Nicole Craine, Anna Moneymaker, Kimberly Rice, , Haley’s, Ron DeSantis, Charles Koch, ‘ Won’t, “ I’m, Koch, Haley “ won’t, Katon Dawson, Ebony Davis, David Wright, Jennifer Agiesta Organizations: CNN, New, GOP, Trump, Republican Party, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, Republican, Washington Post, Bloomberg, Former South Carolina Gov, Granite State, Super, Florida Gov, Prosperity, New Hampshire, South Carolina, SFA Fund, South Carolina Republican Party Locations: New Hampshire, South Carolina, California, Texas, Vermont, Virginia, North Carolina, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Iowa, Grand Mound , Iowa, Miami, Concord , New Hampshire, Granite, MAGA, Utah, Super, Costa Mesa , California, Texas , Massachusetts, North Carolina , Virginia , Texas
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