DIRS.INFO The most relevant business & tech news

☆ Former Ohio House Speaker Hit With 10 Additional Felony Charges
▼ + stars: | 2024-03-25 | by ( Michael Wines | ) www.nytimes.com time to read: +1 min

A former speaker of the Ohio State House of Representatives, now serving a 20-year federal prison sentence, was indicted on 10 more state felony charges on Monday in connection with a sprawling bribery scheme that handed a $1.3 billion bailout to a major regional energy utility. The charges against the former speaker, Larry Householder, followed an inquiry by the Ohio Organized Crime Commission that also produced indictments last month of two former executives of the Akron-based utility, FirstEnergy Corporation. The two men — Chuck Jones, a former FirstEnergy chief executive officer, and Michael Dowling, a senior vice president — were charged with funneling $4.3 million in bribes to the former chairman of the Ohio Public Utility Commission, Sam Randazzo. They and Mr. Randazzo, who was also indicted, have pleaded not guilty to a total of 27 charges. The FirstEnergy case has been called the largest political scandal in Ohio history.

Persons: Larry, Chuck Jones, Michael Dowling, —, Sam Randazzo, Randazzo Organizations: Ohio State House of Representatives, Ohio, Commission, FirstEnergy Corporation Locations: Akron, Ohio

The long-awaited indictments marked the latest development in what has been labeled the largest corruption case in Ohio history. In July 2021, Yost asked a judge in Columbus to add Jones, Dowling and Randazzo to his office's lawsuit against FirstEnergy. It identified 84 phone contacts between Jones and Householder and 14 phone contacts between Dowling and Householder. FirstEnergy admitted to its role in the bribery scheme as part of a July 2021 deferred prosecution agreement with the U.S. Department of Justice. A statement of facts signed by then-FirstEnergy CEO and President Steven Strah, who retired in 2022, detailed the involvement of Jones, Dowling, Randazzo and others in the bribery scheme.

Persons: Chuck Jones, Michael Dowling, Dave Yost, Sam Randazzo, Larry, Matt Borges, Jones, Dowling, Susan Baker Ross, Randazzo, Baker, Columbus, FirstEnergy, Mike DeWine, Carole Rendon, ”, Matthew Meyer, Richard Blake, Borges, Juan Cespedes, Jeffrey Longstreth, Neil Clark, Householder’s, Bill, Yost, Steven Strah Organizations: FirstEnergy Corp, Republican, Public Utilities Commission, Summit, FBI, Republican Gov, GPS, Industrial Energy, Randazzo, Sustainability, of Ohio, FirstEnergy, U.S . Department of Justice Locations: COLUMBUS , Ohio, Ohio, Akron, Naples , Florida, FirstEnergy, U.S, Cincinnati, Columbus

☆ FirstEnergy Ex-C.E.O. and 2 Others Are Indicted in Bribery Scandal
▼ + stars: | 2024-02-12 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Two former executives of FirstEnergy and a former public utility commissioner have been indicted in a multimillion-dollar public corruption scandal, Ohio’s attorney general, Dave Yost, said on Monday. Collectively, the three men are charged with 27 counts, including theft, bribery and fraud. The charges were filed on Friday but weren’t made public until Mr. Yost announced them on Monday. The indictments are the first against FirstEnergy executives in perhaps the biggest public corruption scandal in Ohio’s history, one that has already landed a former lawmaker in prison. State and federal officials have accused the company, an Ohio-based electric utility that serves six million customers, of paying state lawmakers and regulators millions of dollars in exchange for subsidies and other favorable treatment.

Persons: Dave Yost, Charles Jones, Michael Dowling, Samuel Randazzo, weren’t, Yost Organizations: Public Utilities Commission, FirstEnergy Locations: State, Ohio

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

COLUMBUS, Ohio (AP) — Ohio’s former top utility regulator surrendered Monday in connection with a $60 million bribery scheme related to a legislative bailout for two Ohio nuclear power plants that has already resulted in a 20-year prison sentence for a former state House speaker. Sam Randazzo, former chair of the Public Utilities Commission of Ohio, self-surrendered at U.S. District Court in Cincinnati after being charged in an 11-count indictment that was returned on Nov. 29, the U.S. Attorney's office said. Randazzo, 74, resigned in November 2020 after FBI agents searched his Columbus townhome and FirstEnergy revealed in security filings that it had paid him $4.3 million for his future help at the commission a month before Republican Gov. Mike DeWine nominated him as Ohio’s top utility regulator. The long-awaited indictment marks the latest development in what has been labeled the largest corruption case in Ohio history.

Persons: —, Sam Randazzo, Columbus, FirstEnergy, Mike DeWine Organizations: Public Utilities Commission, Ohio, U.S, FBI, Republican Gov Locations: COLUMBUS , Ohio, Ohio, Cincinnati, U.S

☆ Beware these debt-laden stocks breaking down under the weight of higher rates
▼ + stars: | 2023-10-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. Corporate debt refinancings are going to start hitting profits more urgently starting in 2024, according to Wolfe Research chief investment strategist Chris Senyek. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S & P 500 operating EPS in 2024," Senyek said. Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S&P 500 operating EPS in 2024," Senyek said.

Persons: Stocks, Chris Senyek, —, Senyek, LSEG, RC Willey, George Frey, BAX Baxter, Lockheed Martin, Kellogg Organizations: Labor Department, Wall, Federal Reserve, Wolfe Research, CNBC, General Motors, United Auto Workers, GM, Whirlpool, Kellogg, RC, Bloomberg, Getty, Equity, Lockheed, AEP American Electric Power, Dominion Energy, Motors, Duke Energy, VZ Verizon Communications, Nasdaq, Stock Screener, Whirlpool Corp Locations: Draper , Utah

☆ What to know about nuclear power in the US
▼ + stars: | 2023-07-06 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

Those developments, which might give anyone pause about the future of nuclear power, are counteracted by other headlines. The question of nuclear energy splits governmentsGermany made the decision to decommission all of its nuclear plants after disasters like Chernobyl and Fukushima. Nuclear power in the USAs of 2022, about 18% of US electricity is generated by nuclear power, according to the US Energy Information Administration. First, be very carefulI talked to one nuclear expert who said the US should be slow and methodical about nuclear power and another who argued there are multiple, public misperceptions about nuclear power that should be corrected. The more circumspect voice is Rodney Ewing, a Stanford University professor and expert on nuclear waste who was chairman of a federal review of nuclear waste procedures.

Persons: CNN’s Clare Sebastian, Larry, Joe Biden, Rodney Ewing, ”, I’ve, ” Ewing, “, David Ruzic –, Ruzic, we’ve, ” Ruzic, “ It’s, it’s, Ewing Organizations: CNN, International Atomic Energy Agency, US Energy Information Administration, FirstEnergy Corp, Department of Energy, Stanford University, Bulletin, Atomic Scientists, University of Illinois, Lawmakers Locations: Russia, Ukraine, Europe’s, Japan, Georgia, Germany, Fukushima, France, CNN’s, China, Tennessee, California, Illinois

☆ Duke Energy to sell distributed generation portfolio in $364 million deal
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

July 5 (Reuters) - Utility firm Duke Energy (DUK.N) said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed fuel cell projects managed by Bloom Energy (BE.N). Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. Electric utilities in the United States are streamlining their operations to shift away from fossil fuels toward cleaner energy sources, including solar and wind, to meet climate goals. "The sale of commercial renewables businesses streamlines our portfolio and provides the resources to support our growing regulated territories," said Duke President and CEO Lynn Good.

Persons: Duke, Lynn Good, Tanay, Shilpi Majumdar Organizations: Duke Energy, ArcLight Capital Partners, REC, Bloom Energy, Electric, Duke, Thomson Locations: United States, Bengaluru

☆ How the U.S. Clean Air Act lets closed coal plants keep polluting for years
▼ + stars: | 2023-04-22 | by ( Tim Mclaughlin | ) www.reuters.com time to read: +10 min

Under the federal program, states distribute a certain number of allowances to power plants annually. Reuters found dozens of other examples of coal plants using credits from closed facilities to help comply with pollution rules over the past five years. During the 2021 ozone season, New Madrid’s pollution was five times higher than average among coal plants participating in the NOx-reduction program, EPA data show. RED-STATE PROTESTSUtilities and lawmakers in Republican-controlled states have pushed hard against curbs on coal pollution, including the EPA’s latest NOx-reduction regulations. But even at that price, NOx allowances will find buyers among coal plants, including those that operate at high pollution rates.

☆ Why Blackouts, Power Outages Are Becoming More Common
▼ + stars: | 2023-03-23 | by ( Taylor Dorrell | ) www.businessinsider.com time to read: +14 min

Power outages have increased 64% from the early 2000s, and weather-related outages — many driven by the worsening climate crisis — have increased 78%. A record-breaking blizzard in Buffalo, New York, this winter caused power outages throughout the city, resulting in the deaths of 47 residents. In 2021, a heat wave led to power outages and the deaths of hundreds in the Pacific Northwest. While regional organizations might use fees to penalize companies for power outages, it's now much harder to pinpoint and hold a person or entity responsible. In the meantime, the climate crisis will continue to wreak havoc on an aging grid system that puts profits over reliability.

☆ Former Ohio House speaker Householder convicted over $60 mln bribery plot
▼ + stars: | 2023-03-10 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

WASHINGTON, March 9 (Reuters) - A federal jury convicted former Ohio House of Representatives Speaker Larry Householder and former Ohio Republican Party chair Mathew Borges of participating in a $60 million bribery scheme, the U.S. Justice Department said on Thursday. Householder, 63, and Borges, 50, were charged in 2020 in the federal bribery case stemming from a bill passed in 2019 to bail out Ohio's nuclear power plants. Following his arrest in 2020, the Ohio House of Representatives voted to remove Householder from the speakership position. Prosecutors had alleged that energy distributor FirstEnergy Corp (FE.N) gave $60 million to Generation Now, a political nonprofit operated by Householder. Householder and Borges were convicted of participating in the racketeering conspiracy, the Justice Department said in a statement on Thursday.

☆ Supreme Court’s ‘Dark Money’ Rulings Anchor Defense in Ohio Political Corruption Trial
▼ + stars: | 2023-03-07 | by ( Julie Bykowicz | ) www.wsj.com time to read: 1 min

Former Ohio Rep. Larry Householder and others were charged in what officials say is the largest political corruption case in Ohio history. CINCINNATI—An Ohio jury is about to decide whether politicians enlisted by an energy company to seek a $1.3 billion state bailout of its two failing nuclear plants pushed the bounds of campaign spending too far. Akron-based FirstEnergy Corp. secretly spent more than $60 million beginning in 2018 to help then-Republican state Rep. Larry Householder win the Ohio House speakership and secure the bailout. Federal prosecutors called the arrangement an illegal pay-to-play bribery scheme.

☆ Supreme Court’s ‘Dark Money’ Rulings Anchor Defense in Ohio Corruption Trial
▼ + stars: | 2023-03-07 | by ( Julie Bykowicz | ) www.wsj.com time to read: 1 min

☆ Morning Bid: Winging it
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +3 min

Ahead of the match, one statistic that blew this Englishman's mind was the sheer volume of chicken wings that were set to be consumed over Super Bowl weekend. In a report released earlier this month, the National Chicken Council said Americans were expected to chow down on 1.45 billion chicken wings, an increase of 2% from last year, or the equivalent of 84 million wings. Well, if you're looking for deflation, chicken wings are the place to find it. The report is expected to show consumer prices rose at an annual pace of 6.2% in January, down from 6.5% in December and well below June's four-decade peak of 9.1%. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Investors need to embrace these stocks that we love
▼ + stars: | 2023-02-12 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

I’ve typically done this stock picking feature in early to mid February as a Stocks We Love type of story, pegging it to Valentine’s Day. The restaurant stocks in particular could do well. Inflation is obviously still a concern for big consumer brands. Consumer prices rose 6.5% over the past 12 months through December, down from a 7.1% pace in November. Up nextMonday: Earnings from TreeHouse Foods (THS), Avis Budget (CAR), FirstEnergy (FE), IAC (IAC) and PalantirTuesday: US CPI; Japan GDP; UK employment report; earnings from Coca-Cola, Asahi Group, Marriott (MAR).

☆ Key inflation data in the week ahead will offer clues to future Fed rate moves and the market's path
▼ + stars: | 2023-02-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Looking forward The January consumer price index (CPI) , which calculates the average change over time in prices that shoppers pay for goods and services, is slated for Tuesday. Economists and investors will use the number to gauge the odds of a soft landing or hard landing for the economy. The producer price index (PPI) for January, which calculates the change in selling prices received by producers of goods and services, is out on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

☆ Baby, it's cold outside: Teams, fans adapt as deep freeze hits U.S.
▼ + stars: | 2022-12-24 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

[1/3] Dec 24, 2022; Cleveland, Ohio, USA; New Orleans Saints quarterback Andy Dalton (14) throws the ball against the Cleveland Browns during the first quarter at FirstEnergy Stadium. Mandatory Credit: Scott Galvin-USA TODAY SportsDec 24 (Reuters) - The National Football League (NFL) was hit by the cold that pummeled the United States on Saturday as fans bundled up to watch late-season showdowns in punishing conditions. Cities from Pennsylvania to Georgia were expected to experience their coldest-ever Christmas Eve as an arctic blast gripped much the United States, roiling travel plans during the busy holiday season. "We are exploring every possibility to minimize non-essential power around the stadium," the team said in a statement on Twitter. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

The National Football League is finalizing a deal for the rights to its subscription-only package of games known as Sunday Ticket with Google's YouTube TV, according to people familiar with the matter. Goodell said earlier that the league aimed to announce a rights deal with Sunday Ticket by the end of the fall. The Sunday Ticket package has been the NFL's only set of media rights that has yet to be renewed through 2030. The deal with YouTube TV comes after various media operators, including Amazon , Apple and Disney's ESPN, considered the rights to the property. WATCH: I believe NFL media rights will be moving to streaming

☆ DeVante Parker: NFL says it is reviewing an apparent head injury incident during Monday's Patriots game
▼ + stars: | 2022-12-14 | by ( Kevin Dotson | ) edition.cnn.com time to read: +27 min

CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Cardinals vs Patriots: Arizona's woes continue as Kyler Murray hurt in 27-13 loss to New England
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +27 min

Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Von Miller: Buffalo Bills defensive star is out for the season with torn ACL
▼ + stars: | 2022-12-08 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +25 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Henry Anderson: Carolina Panthers defensive end reveals he recently had stroke -- but wants to play on Sunday
▼ + stars: | 2022-12-08 | by ( Alasdair Howorth | ) edition.cnn.com time to read: +26 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ NFL Thanksgiving Day previews: Bills, Cowboys, Vikings in action
▼ + stars: | 2022-11-23 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +26 min

Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J. To see if history repeats itself with a Cowboys win, or if the Giants can pull off the upset, tune in on Thursday at 4:30 p.m. Bill Belichick’s team could be on the cusp of a hot streak and are hitting the Vikings game at just the right time.

☆ Carl Icahn has reportedly made a boatload betting against GameStop and is still short
▼ + stars: | 2022-11-22 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Activist investor Carl Icahn has reportedly made a successful short bet against meme stock GameStop , and still owns a large bearish position in the struggling retailer. Icahn began building the short position at the height of the meme stock mania in 2021 when GameStop hit a peak of $483 a share, Bloomberg News reported, citing sources familiar with the matter. The investor has increased his bet from time to time and is still short the stock, Bloomberg reported. Icahn said he holds the belief that inflation is here to stay for the long term, pressured by structural wage increases. Sophisticated investors like Icahn can buy and short derivatives tied to the index.

Search resuls for: "FirstEnergy"

25 mentions found