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☆ I went shopping at Express and saw firsthand why the retailer has filed for bankruptcy
▼ + stars: | 2024-05-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Express filed for Chapter 11 bankruptcy in April, and it's closing 95 branded stores in the US. One analyst said Express failed to adapt to the post-pandemic world of remote work. AdvertisementExpress has been a clothing retailer staple in malls across the US for years but filed for Chapter 11 bankruptcy in April and will close 95 stores. So, I visited two Express locations destined to shut soon. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business

☆ Linde's guidance leaves investors wanting more. We're saying thanks to the sellers
▼ + stars: | 2024-05-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Shares of Linde fell on Thursday after the industrial gas giant reported mixed first-quarter results and its guidance left some investors wanting more. We're not sure of the rationale for excluding it but that explains why we're not fretting about Linde's lack of guidance raise. Guidance For the second quarter, Linde projects adjusted EPS between $3.70 and $3.80, which implies 5% to 7% year-over-year growth, excluding currency impacts. As always with Linde, the midpoint of the guidance assumes no economic improvement. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Linde, —, Sanjiv Lamba, Matthew White, White, Lamba, Eaton, We're, we're, Jim Cramer's, Jim Cramer, Jim, Michaela Rehle Organizations: Linde, Revenue, LSEG, Products, Management, LIN, Nvidia, CNBC Locations: Munich, Pullach, Germany

☆ Harry Potter: Original cover art for ‘The Philosopher’s Stone’ to go on sale
▼ + stars: | 2024-05-02 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —J.K. Rowling’s 1997 novel “Harry Potter and the Philosopher’s Stone” was the beginning of what would become a worldwide phenomenon. Now, the original illustration for the first edition of the book is going on sale. Taylor’s cover was used for several translated versions of the book, the auction house said. The first edition of 1997 book "Harry Potter and the Philosopher's Stone" -- which Taylor illustrated. The manuscript is one of six handwritten by the British author that was originally intended as gifts for people closely involved with the publication of “Harry Potter,” according to the release.

Persons: CNN —, Harry Potter, ”, Thomas Taylor, Harry Potter –, Sotheby's, “, “ Harry Potter, Taylor, Shutterstock Taylor Organizations: CNN, Hogwarts Express, Hogwarts School of Witchcraft, Heritage Auctions Locations: Sotheby’s, London, Dallas , Texas, New York, American, British

Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar with the matter, a move that adds drama to an already chaotic deal making process. The nonbinding expression of interest, sent in a letter this week, comes as Paramount approaches an agreed-upon Friday deadline for the expiration of an exclusive negotiating period with Skydance, a Hollywood studio run by the tech scion David Ellison. Paramount has been in talks with Skydance for months, discussing a complicated transaction that would involve a merger and an investment from the private equity firm Redbird Capital Partners. The new, joint expression of interest would make Sony a significant majority and controlling shareholder and Apollo a minority shareholder. The proposed all-cash acquisition may appeal to Paramount shareholders who have come out against the Skydance deal over concerns it benefits the company’s controlling shareholder, Shari Redstone, at the expense of others.

Persons: David Ellison, Skydance, Shari Redstone Organizations: Sony Pictures Entertainment, Apollo Global Management, Paramount, Redbird Capital Partners, Sony Locations: Apollo

☆ Nicholas Galitzine says sizzling sex scenes like the ones in 'The Idea of You' can 'serve a real purpose' in a story
▼ + stars: | 2024-05-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

The movie is sweet, but also very sexy, with plenty of intimate scenes. Galitzine tells BI those sex scenes, and others he's done in his career, serve a real story purpose. AdvertisementThe sizzling chemistry between Nicholas Galitzine and Anne Hathaway in "The Idea of You" trailer was enough to propel it to record-breaking views. "I've been very fortunate in the last years with different projects to have done some intimate scenes in my work," he told Business Insider. "I think they can oftentimes — and I like to think in my own work — serve a real purpose."

Persons: Nicholas Galitzine, Anne Hathaway, —, Hathaway, Mary, George, Julianne Moore, Galitzine, Robinne Lee, Solène Marchand, Hayes Campbell, Robinne, Hayes, Solène Organizations: Service, SXSW, TV, Variety, North Star

☆ Turkey Halts Trade With Israel as Relations Deteriorate
▼ + stars: | 2024-05-02 | by ( Gulsin Harman | Ben Hubbard | ) www.nytimes.com time to read: +11 min

Peaceful protest is. Vandalism, trespassing, breaking windows, shutting down campuses, forcing the cancellation of classes and graduations — none of this is a peaceful protest. Threatening people, intimidating people, instilling fear in people is not peaceful protest. “Vandalism, trespassing, breaking windows, shutting down campuses, forcing the cancellation of classes and graduations — none of this is a peaceful protest. Peaceful protest is.”In calming some in his party, though, Mr. Biden took heat from others on the political left.

Persons: Biden, It’s, President Biden, ” Mr, “, Nemat Shafik, ”, Tim Scott, Donald J, Mr, Trump, Crooked Joe Biden, Newscum, Gavin Newsom, Israel, George Floyd, could’ve, Matt Duss, Bernie Sanders, Jonathan Wolfe, Ernesto Londoño, Bob Chiarito, Mike Baker Organizations: Jewish, White, Republican, National Guard, “, Police, University of California, Portland State University, University of Wisconsin, Fordham, Manhattan, University of Texas, Dartmouth College, Tulane University, New York Times, Brown University, Northwestern University, Columbia University, American Association of University, Hamilton, Republicans, Trump Locations: America, Palestinian, Gaza, “, Los Angeles, Oregon, Madison, Dallas, New Hampshire, New Orleans, Rhode Island, Illinois, Israel, Washington, South Carolina, U.C.L.A, California, North Carolina, Charlotte, Wilmington, Vermont, St, Paul, Minn, Wis, Seattle

☆ Benin: The country’s past, present, and future is on display for the first time at the 60th Venice Biennale
▼ + stars: | 2024-05-02 | by ( Daniel Renjifo | ) edition.cnn.com time to read: +7 min

CNN —Ancestral African art is a linchpin of identity and a source of inspiration to creatives across the continent. For the first time in the 60-year history of the renowned Venice Biennale in Italy – an arts and culture festival lasting eight months, hosted every other year – Benin is presenting a national pavilion. Hazoumé hopes the exhibition will reiterate his message and inspire other African artists to own their past to fuel creativity. Ishola Akpo sets up his piece titled “Iyalode” at the Benin national pavilion in Venice, Italy. Moufouli Bello draws inspiration from children’s books, Gèlèdé philosophy and Yoruba traditions in this piece titled “Egbe Modjisola," on display at the Benin national pavilion in Venice, Italy.

Persons: Emmanuel Macron, Romuald Hazoumé's, Jacopo La, Jacopo La Forgia, Romuald Hazoumé, Chloé, Ishola Akpo, Moufouli Bello, we’ll, Hazoumé, Florian Kleinefenn, ” Nwagbogu, “, ”, Gèlèdé, Chloé Quenum, Akpo, I’ve, Nwagbogu, ” Hazoumé Organizations: CNN, French, Smithsonian Museum of African, US, Venice Biennale, African Artist Foundation, Biennale Locations: Africa, West, Benin, Nigeria, Kingdom of Benin, Venice, Italy, “, Rouge, curating, France, Madagascar, Ghana, Uganda, Cameroon

☆ The 'Dance Moms' reunion cast say they wouldn't have been able to get 'closure' if Abby Lee Miller participated: 'No one would've felt comfortable'
▼ + stars: | 2024-05-01 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

"Dance Moms: The Reunion" brings back some of the original cast members from the Lifetime series about the cutthroat environment of competitive dance — but there's at least one former star you won't see. Abby Lee Miller, the dance instructor who founded the Abby Lee Dance Company at the center of "Dance Moms," doesn't appear in the special, though there are plenty of clips shown of Miller berating the show's young cast (or their mothers). Fellow "Dance Moms" alum JoJo Siwa has said that she speaks to Miller on a regular basis, telling E! Hilliker told E! "Dance Moms: The Reunion" airs May 1 at 8 p.m.

Persons: Abby Lee Miller, Abby Lee, Miller, — Brooke, Paige Hyland, Kendall Vertes, Kalani, Chloé Lukasiak, JoJo Siwa —, would've, Hilliker, Brooke Hyland, Paige, Kelly Hyland, Kelly, JoJo Siwa, Vertes, Abby, we're Organizations: Service, Abby Lee Dance Company, Business, Lifetime, Hulu Live

☆ Highway collapse kills 19 people in southern China
▼ + stars: | 2024-05-01 | by ( Wayne Chang | ) edition.cnn.com time to read: +1 min

CNN —Nineteen people have been killed after a highway collapsed in China’s Guangdong province on Wednesday, according to the country’s state broadcaster, CCTV. A section of the express highway connecting Meizhou City and Dapu City in Guangdong Province collapsed at around 2:10 a.m. on Wednesday, leaving eighteen cars trapped, CCTV reported. Southern China has been bombarded with heavy rain in recent weeks. Guangdong province, an economic powerhouse home to 127 million people, has seen widespread flooding, which has forced more than 110,000 people to relocate, state media reported, citing the local government. The floods have killed at least four people in Guangdong, including a rescue worker, state news agency Xinhua reported Monday.

Organizations: CNN, Xinhua Locations: China’s Guangdong, Meizhou City, Dapu City, Guangdong Province, Guangdong, Southern China, Hong Kong

☆ Narendra Modi: On the campaign trail with India’s popular yet divisive leader
▼ + stars: | 2024-05-01 | by ( Will Ripley | ) edition.cnn.com time to read: +6 min

Narendra Modi, India’s hugely popular but deeply polarizing prime minister, has landed in the battleground state of Uttar Pradesh as he campaigns for a third consecutive term in power. A Modi supporter at his rally in Aligarh, India, on April 22, 2024. And here in Uttar Pradesh, a sense of pride is evident among the thousands gathered to hear the prime minister speak. Supporters wave the flag of Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) in Aligarh, India, on April 22, 20224. John Mees/CNNModi is expected to remain on the campaign trail until India’s next prime minister is named in early June, traversing the huge country, visiting city after city and delivering his roaring speeches that attract the masses.

Persons: Narendra Modi, India’s, Modi, John Mees, “ Modi, ”, Pramod Charma, ” Modi, he’s, –, Gaurav Mahajan, Modi’s, Narendra Modi's, CNN Modi, Narayan Pachaury, “ Organizations: India CNN, Win, CNN, Bharatiya Janata Party, BJP spokespeople, selfies, Modi, Narendra Modi's Bharatiya Janata Party, BJP Locations: Aligarh, India, Uttar Pradesh, New Delhi, Russia, Gujarat, Rajasthan

☆ In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.
▼ + stars: | 2024-05-01 | by ( Eileen Sullivan | More About Eileen Sullivan | ) www.nytimes.com time to read: +2 min

His creditors also do not trust that he is being honest about the assets he does disclose. For example, Mr. Giuliani lists among his assets an undisclosed number of shares in Uber, the ride-share service. Lawyers for the creditors say he provided them a more detailed account, but it was not filed publicly in the court, as missing details typically are. And as of April 26, Mr. Giuliani had not provided details for his Discover card charges in January. One of the two Georgia election workers he defamed, Shaye Moss, was selected by Mr. Giuliani’s creditors to serve on a three-person committee to represent their interests throughout the bankruptcy case.

Persons: Giuliani, “, ”, ” Bruce, Shaye Moss, Noelle Dunphy, Mr, Lindsey Kurtz Organizations: Uber, New York Yankees, Pritzker, American Express, Dominion Voting Systems Locations: U.S, Georgia

☆ Black creators were instrumental in building TikTok. Now they fear they'll be hit the hardest by a ban.
▼ + stars: | 2024-05-01 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +10 min

But largely, TikTok is a place Black creators found where they could thrive and reach new audiences and customers for their growing businesses. It wasn't that the content wasn't good, Ford said, it was that Instagram "just wasn't a place for Black creators, minority creators, to excel." Some Black creators suspected their Black Lives Matter content was suppressed in 2020 after George Floyd's death ignited a wave of protests. AdvertisementBlack TikTokers have also expressed an "undertone of anti-Blackness" in the platform's algorithm, where white creators benefited from the trends started by Black creators. AdvertisementThis is disheartening, Black creators told BI, because so many top trends and ideas come from their community.

Persons: —, Joe Biden, TikTok, Tenyse Williams, It's, Funmi Ford, Ford, Nya, I've, Étienne, Keith Lee, entrepreneurialism, Kahlil Dumas, Dumas, George Floyd's, Jalaiah Harmon, Black TikTokers, Williams, Imani Bashir, Bashir, We're, isn't Organizations: Service, Senate, Business, Consulting, University of Central, Columbia University, George Washington University, Pew Research Center, An, Free, Black, New York Times, Forbes, YouTube, BI Locations: University of Central Florida, Instagram, An Oxford, Atlanta

☆ American Express CEO explains how the company is attracting younger consumers
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday how the company attracted more Millennial and Gen Z customers, saying the cohort made up 60% of new card acquisitions during the last quarter. Squeri said American Express realized that attracting younger clientele was a "key thing" for the company, so it was important to offer cards with a high enough value proposition for that group. Younger card holders create a greater "lifetime value" than older ones, as they will continue to use their American Express cards as they age, he added. "We used to go after them with a no-fee card, but a no-fee card didn't have a lot of benefits—that's why you pay no fee for it," Squeri said of Millennials and Gen Z. The younger customer base is also growing because more merchants accept American Express cards than in previous years, Squeri added.

Persons: Steve Squeri, CNBC's Jim Cramer, Squeri, Millennials, who's, Amex Organizations: American Express

We'll show you everything you need to know about how to get Billie Eilish tickets, including details on accessing the pre-sale. We've got you covered if you're looking for tickets to Billie Eilish's 2024-2025 concert tour. How to get Billie Eilish ticketsInitial Billie Eilish tickets are sold through Ticketmaster. Historically, Billie Eilish tickets are snapped up pretty quickly, so fans will want to be waiting in the queue as soon as the sale starts. How much are Billie Eilish tickets?

Persons: Eilish, Oscar, Billie Eilish, Finneas, James Bond, We've, Billie Eilish's, she'll, we've, Québec, Saint, Billie, you'll Organizations: Business, Academy, Ticketmaster, IL, San Jose , CA, American Express, Heritage Bank Center Locations: North America, Canada, Australia, Ireland, Toronto, Baltimore, Philadelphia , PA, Detroit , MI, Newark , NJ, Boston, Pittsburgh , PA, New York, NY, Atlanta, Nashville, TN, Cincinnati, Saint Paul, Chicago, Kansas City ,, Omaha, Denver, Vancouver, Seattle , WA, Portland, San Jose ,, Glendale, AZ, Los Angeles , CA, States, New York , Illinois, Colorado , Virginia , Utah, Connecticut, Cincinnati , Ohio

☆ American Express CEO Steve Squeri sits down with Jim Cramer
▼ + stars: | 2024-04-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerican Express CEO Steve Squeri sits down with Jim CramerSteve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.

Persons: Steve Squeri, Jim Cramer Steve Squeri, Jim Cramer Organizations: American, American Express

☆ Campus protesters are calling for divestment. Here’s what that means
▼ + stars: | 2024-04-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

“Disclose, divest, we will not stop, we will not rest,” protesters at Columbia and universities across the country have chanted. Student protesters who oppose Israel’s military action in Gaza are demanding that their universities sell investments in companies with ties to Israel. Pro-Palestinian protesters say divestment would send an important message of disapproval of Israel’s conduct in Gaza. But while demonstrators have spread their messages across the country, many schools haven’t acquiesced to protesters’ calls for divestment. There are historical precedents for university divestment.

Persons: Israel’s, haven’t, Columbia’s, ”, Christina Paxson, ” Nicholas Dirks, “, Dirks Organizations: CNN — College, Student, Columbia University Apartheid, Microsoft, Protesters, Cornell, Yale, University of Michigan, The University of California, University of California, University, University of Texas, Brown, Brown Daily Herald, Portland State University, Boeing, Columbia, Ford, CNN Locations: Israel, Columbia, Gaza, Dallas, South Africa, Berkeley

☆ Our credit numbers continue to be best in class, says American Express CEO
▼ + stars: | 2024-04-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur credit numbers continue to be best in class, says American Express CEOSteve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.

Persons: Steve Squeri, Jim Cramer Organizations: American Express

☆ Islamophobia and India’s election: Rising Hindu nationalism leaves Muslims fearful in India’s holy city
▼ + stars: | 2024-04-30 | by ( Rhea Mogul | Will Ripley | ) edition.cnn.com time to read: +18 min

Varanasi, India CNN —The sun glistens on the Ganges as Hindu devotees bathe in the holy river’s waters, and the Muslim call to prayer reverberates through the dusty air. The Gyanvapi mosque, left, and Kashiviswanath Temple on the banks of the river Ganges in Varanasi, India, December 12, 2021. He believes Gyanvapi is not a mosque, but a Hindu temple, and wants to see his community worship inside the walls of the building. Vishwambhar Nath Mishra, the priest of a prominent Hindu temple in Varanasi, believes Modi’s stoking of religious tensions is ruining the fabric of Indian society. This is my country.”Read more from CNN’s India election coverage:Billions spent, jungle-trekking poll workers and voting at 15,000 feet.

Persons: Narendra Modi’s, Modi, Varanasi John Mees, Sana Sabah, trepidation, “, Modi’s, Rajesh Kumar Singh, John Mees, Syed Mohammad Yaseen, ”, Hinduism John Mees, ’, Dileep Patel, inching, Nasir Ali, Ali, ‘ Jai Shree Sri Ram ’, Vijay Bedi, CNN Ali, Muzamil, Usman, it’s, Jai Shree Ram ”, Manish Swarup, Raja Singh, we’ll, Singh, –, Jaiveer Shergill, spokespeople, haven’t, Shamsher Ali, Emperor Aurangzeb, Lord Shiva, Kashi Vishwanath Temple, Pawan Kumar, ” Ali, Yaseen, ” Syed Mohammad Yaseen, turbocharge, ” Modi, Ram, Lucas Vallecillos, Swami Jitendranand Saraswati, Gyanvapi, Swami Saraswati, Amit Pandey, Vishwambhar Nath Mishra, ” Mishra, ” Read, Narendra Modi Organizations: India CNN, Bharatiya Janata Party, BJP, CNN, Rashtriya Swayamsevak Sangh, Modi, Bhajanpura Police, United Nations, Human Rights, ” CNN, Modi’s, Hate, AP BJP, T, Human Rights Watch, Amnesty International, International Federation for Human Rights, Reuters, Guards, “ Locations: Varanasi, India, Varanasi John, today’s India, “, Hinduism, Jammu, Kashmir, New Delhi, Delhi, Mustafabad, Rajasthan, Jaipur, Gujarat, Washington, BJP, Ali, Kashi, Gyanvapi, John, Ayodhya, Uttar Pradesh

☆ NBA stars are scoring big in the fashion world
▼ + stars: | 2024-04-29 | by ( Nick Remsen | ) edition.cnn.com time to read: +9 min

Basketball players’ style — largely in the men’s league, but increasingly the women’s too — has become a bonafide pillar in fashion media and consumption. Basketball players’ style has more eyes on it than any other sport, the Pulitzer Prize-winning author Mitchell S. Jackson told CNN. “(The league) was the first to embrace it,” Jackson, author of the recently released photobook “Fly: The Big Book of Basketball Fashion,” explained. “Basketball players are so much a part of American culture. Bettman/Getty Images/Courtesy Workman“We talk a lot about current NBA tunnel style, but the league has been America’s most stylish for decades,” Schube continued.

Persons: Tyrese Haliburton, Pepper Robinson, Ron Hoskins, NBAE, — Tyrese Haliburton, —, Pharrell Williams, Birkin, it’s, Shai Gilgeous, Alexander, Russell Westbrook, LeBron James, Josh Giddey, Tyler Herro, “, Marcus Paul, Luka Dončic, ” There’s, Caitlin Clark, Prada, Sam Schube, Thom Browne, AJ Mast, Tyler Ross, Workman, Virgil Abloh, Louis Vuitton, Williams, Kim Kardashian’s, Donovan Clingan, Caleb Love, Hunter Dickinson, Jared McCain, Duke, Robert Dillingham, Paxson Wojcik, Mitchell S, Jackson, ” Jackson, ”, LeBron, Michael Jordan, Jordan, Jackson’s, Peggy Sirota, who’ve, Stephen “ Steph ” Curry, Curry, Steph Curry, Jed Jacobsohn “, ’ ” Curry, ” Curry, “ I’m, Kyle Kuzma, Timothée, Johnson, Andrew D, Bernstein, Walt Frazier, Bettman, ” Schube, “ Allen Iverson, Phil Jackson, Pat Riley, Armani, Walt Fraziers, Wilt Chamberlain’s, Fatih Aktas, ‘, ’ ”, …, they’d, ” Gilgeous, Alexander —, haven’t Organizations: Indiana Pacers, Basketball, Gilgeous, CNN, GQ, Cleveland Cavaliers, New York Times, Los Angeles Lakers, Oklahoma City Thunder, NBA, UConn, UNC, “ Basketball, Golden State Warriors, Fashion Council, Savant, State, GQ Sports, ’, Workman New York Knicks, Royce, Anadolu Agency, Getty, Civil, Nike Locations: Haliburton, Arizona, Kansas, Robert Dillingham ( Kentucky, Chicago , Illinois, Gilgeous

☆ Billy Vunipola: England rugby player fined for resisting arrest at Mallorca nightclub, court says
▼ + stars: | 2024-04-29 | by ( George Ramsay | Al Goodman | ) edition.cnn.com time to read: +2 min

CNN —England international rugby player Billy Vunipola has been fined and handed a suspended four-month prison sentence after resisting arrest at a nightclub in Mallorca, a Spanish court said on Monday. He was charged with serious disobedience to an authority and resisting arrest, according to the court sentence document seen by CNN. “The accused admitted that he was in a nightclub in Palma where some police officers came because of a fight,” the court statement said. The 31-year-old also confirmed that he had been charged with resisting the law and had paid a €240 fine. According to the three-page court sentence document, Vunipola admitted that he had not followed police orders and subsequently caused an injury to an officer’s right wrist and hand, requiring medical attention.

Persons: Billy Vunipola, Vunipola, “, ”, won’t, “ unreservedly Organizations: CNN, England, Court, Justice, Spanish National Police, Saracens, Bath Locations: Mallorca, Palma, Palma ., Spain, France

☆ How CEOs are preparing for possible employee protests
▼ + stars: | 2024-04-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

You can always choose to move on, but remember you don’t have a right to work at most companies. We can’t keep re-litigating when we also have a business to runYou speak with CEOs every day. Most of the CEOs I’ve talked to said they haven’t seen their employees protest, but they’re bracing for it. But I will say that I don’t think it will become that widespread because of how swiftly and unapologetically Google addressed it. I don’t think it will become a thing.

Persons: Sundar Pichai, Bell, Johnny C, Taylor Jr, that’s, we’re, We’re, we’ve, I’m, You’d, They’re, I’ve, Royce, Peter Valdes, “ We’re, ”, Martin Fritsches, “ That’s, Brian Fung, Sean Lyngaas, Satya Nadella, Sam Altman, Northrop Grumman, Alejandro Mayorkas Organizations: CNN Business, Bell, New York CNN, Google, Tech, Society for Human Resource Management, Companies, Royce, BMW, OpenAI, Microsoft, Department of Homeland Security, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil Locations: New York, Israel, Chichester , England

☆ Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation
▼ + stars: | 2024-04-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.

Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America

☆ A Smooth-Running Gallery Weekend Amid a Shaken Berlin Art Scene
▼ + stars: | 2024-04-29 | by ( Scott Reyburn | ) www.nytimes.com time to read: +1 min

Berlin’s international reputation as a liberal, relaxed city that nurtures artists’ freedom to express whatever they want is under threat. The art scene here has been roiled by protests, cancellations and boycotts after the Oct. 7 attacks in southern Israel, and many artists now say that a climate of fear has replaced the city’s anything-goes vibe. But at the 20th edition of Gallery Weekend Berlin, the annual showcase for the city’s contemporary art dealerships that concluded Sunday, it was business as usual, with no sign of the clashes that have been shaking the cultural sector. “We need to react with intelligence, not emotion,” said Esther Schipper, one of the three dealers who founded Gallery Weekend 20 years ago. Otherwise, like other participating dealers, she declined to comment on the discord in Berlin’s art world.

Persons: —, “, ”, Esther Schipper Organizations: Weekend Locations: Israel

☆ He visited Italy for the first time and bought a house within 24 hours
▼ + stars: | 2024-04-28 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +10 min

“I had been to various countries in the European Union on several occasions but never Italy, though it was on my list. Millet says that he began planning to travel to Italy to buy a house back in 2019, but was thwarted by Covid-19. “The prices of the houses were super-attractive, especially coming from the Los Angeles area, and the Latronico properties were for the most part in good shape. “At the end of the day, I bought my place and began thinking about renovations and the future,” he adds. Sunset cocktailsThe house Millet bought has only one bedroom but came with two large basements.

Persons: you’re Paul Millet, you’ve, Millet, ”, “, Covid, he’d, Paul Millet, he'll, Vincenzo Castellano, Latronico, ” Millet, Vincenzo Castellano Millet, Latronico’s peacefulness, “ It’s, I’ve, “ Franca, he’s, “ That’s, Latronico’s, Castellano Organizations: CNN, European Union, ” Locations: Italy, Italy’s Basilicata, Los Angeles, Basilicata, Ireland, Latronico, LA, Maui

Rafah CNN —Dozens of Palestinian students and children staged a display of solidarity at a demonstration in southern Gaza on Sunday to express gratitude for the support seen on US college campuses in recent weeks. “Thank you, students in solidarity with Gaza. We can’t write these thank you messages on the walls of our homes because we have no homes. A man in Rafah, Gaza, writes a message of thanks to student protesters in the US on April 27, 2024. Palestinians at a demonstration in Rafah, Gaza, on April 28, 2024.

Persons: ”, Takfeer Abu, Yousuf, Beit, “, Rana Al, Taher, Bayan, Fiqhi, Tareq Alhelou, Diab Organizations: Rafah CNN, of Columbia University, CNN, Getty, UN, Al, Azhar Locations: Rafah, Gaza, Beit Hanoun, Northern Gaza, AFP, Cairo, Israel, ”

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