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☆ House Republicans’ Next Target: Reports of Antisemitism in K-12 Schools
▼ + stars: | 2024-05-07 | by ( Dana Goldstein | Sarah Mervosh | ) www.nytimes.com time to read: +1 min

School district officials have faced off with students, parents, school board members and teachers about issues related to the Israel-Hamas war — but until now, not members of Congress. For the three public school leaders, who are likely to face a similarly tense environment, “it’s hard to imagine a less welcome invitation,” said Justin Driver, a professor at Yale Law School who is an expert on how constitutional law applies to schools. The three school districts, all diverse, have robust American Jewish communities. They are also in staunchly liberal areas, making them ripe targets for the Republicans who run the committee. And they have had their share of controversies.

Persons: ”, Justin Driver Organizations: —, Education, Workforce, Yale Law School, Republicans Locations: Israel, — New York City, Berkeley, Calif, Montgomery County, Maryland

☆ Lance Bass shares 1 workout and 1 diet hack he uses to keep his body young — and offset the wear and tear of his NSYNC days
▼ + stars: | 2024-05-07 | by ( ) www.businessinsider.com time to read: +5 min

Former NSYNC member Lance Bass said his boyband years took a toll on his body. Bass said he has focused on stabilizing his blood sugar after a post-NSYNC diabetes diagnosis. He has also discovered the power of broccoli and some other nutrient-rich vegetables to stabilize his blood sugar, he told Business Insider in an interview. There are no plans right now, but I think the future is bright for NSYNC," Bass said. Eating broccoli and spinach helps balance his blood sugarBass has been paying more attention to his blood sugar, and eating balanced meals, after a recent diabetes diagnosis.

Persons: Lance Bass, Bass, —, he'd, I'm, NSYNC, Justin Timberlake, I've, Allegra, Michael Turchin, Violet, Alexander, we're Organizations: Service, Allegra Airways Locations: LA

☆ Pulitzer Prizes: 2024 Winners List
▼ + stars: | 2024-05-06 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

PUBLIC SERVICEProPublicaThe Pulitzer committee honored ProPublica for the work of Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski and Kirsten Berg, citing their “groundbreaking and ambitious reporting that pierced the thick wall of secrecy surrounding the Supreme Court.”Finalists KFF Health News and Cox Media Group; The Washington PostBREAKING NEWSStaff of Lookout Santa CruzLookout Santa Cruz won for “its detailed and nimble community-focused coverage, over a holiday weekend, of catastrophic flooding and mudslides that displaced thousands of residents and destroyed more than 1,000 homes and businesses.”Finalists Staff of Honolulu Civil Beat; Staff of The Los Angeles TimesINVESTIGATIVE REPORTINGHannah Dreier of The New York TimesMs. Dreier was honored for “a deeply reported series of stories revealing the stunning reach of migrant child labor across the United States — and the corporate and governmental failures that perpetuate it.”Finalists Staff of Bloomberg; Casey Ross and Robert Herman of Stat

Persons: ProPublica, Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski, Kirsten Berg, Hannah Dreier, Dreier, “, Casey Ross, Robert Herman of Stat Organizations: Cox Media Group, Washington, Staff, Santa, ”, Staff of, Staff of Honolulu Civil Beat, The Los Angeles Times, The New York Times, United States —, Bloomberg Locations: Santa Cruz, Staff of Honolulu, United States

☆ 5 things to know before the stock market Monday, May 6
▼ + stars: | 2024-05-06 | by ( Michele Luhn | ) www.cnbc.com time to read: +3 min

Feeling optimisticStock futures were higher Monday after ending last week on a positive note in light of a weaker-than-expected jobs report. Last week, the Dow and Nasdaq rose 1.1% and 1.4%, respectively, while the S&P 500 added 0.5%. Buffett's back, all rightWarren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. During the meeting, Buffett also fielded questions from shareholders, opined on the future of artificial intelligence and praised Fed Chair Jerome Powell for his work steering the economy. Final verdictCombination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.

Persons: Joseph Prezioso, Warren Buffett, Charlie Munger, Buffett, Greg Abel, Jerome Powell, Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, Zhao, Justin Sullivan Organizations: Dow, Nasdaq, Traders, Federal Reserve, Disney, Anadolu Agency, Getty, Berkshire, CNBC, Oracle, Berkshire Hathaway's, Paramount, Reuters, Bloomberg Locations: Omaha , Nebraska, Omaha, San Rafael , California

For Love & Money is a weekly Business Insider column answering relationship and money questions. This week, a recently widowed reader isn't sure what changes to make to their financial plan. Write to For Love & Money using this Google form. Since my wife's death, I have found myself single for the first time in 48 years, and I'm looking at a very large income tax liability in 2024 and after. Write to For Love & Money using this Google form .

Persons: —, I'm, I've, Justin Rush, Rush, you'd, you've, it's, doesn't Organizations: Service, Security, Rush

☆ Wall Street Cruel Summer: Stock Market Crash, Inflation Ends Vacation
▼ + stars: | 2024-05-05 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

Inflation canceled that, and now it's almost certain that Wall Street's summer is canceled, too. That means Wall Street's fantasies of decamping to the Hamptons for the summer have shattered. You can see why this tug-of-war will keep Wall Street on its toes and off Georgica Beach. There is a certain set on Wall Street that does not get to "rosé all day" on Hamptons summer water when currencies trade that way. The simplicity that Wall Street hoped for is one of the few options that's no longer on the table.

Persons: —, Justin Simon, decamping, Jerome Powell, opportunistically, Jamie Dimon, Torsten Slok, Slok, Powell, we'd, David Lefkowitz, dory, McDonald's, Silas Myers, Wall, Zuck, Simon, they're, it's Organizations: Federal Reserve, Jasper Capital, Nasdaq, Hamptons, JPMorgan, Fed, Pepsi, Mar Vista Investments, Wall, Nvidia, Tesla, Microsoft, Meta, Apple, EU Locations: Georgica, Japan

☆ How to win 'The Price is Right'—don't make this 'egregious' mistake, says Yale-trained game theory expert
▼ + stars: | 2024-05-05 | by ( Mike Winters | ) www.cnbc.com time to read: +6 min

It's easy to get sucked into watching "The Price is Right," the beloved TV game show where contestants win cash and prizes by guessing the price of merchandise. An investment analyst by trade, Bergner specialized in game theory at Yale University and has been a lifelong fan of TV show. Three contestants spin the wheel up to two times, aiming to be the closest to $1 without going over. Do one of these two things if you're the last bidder on Contestants' RowAs indicated above, if you're the last bidder on Contestants' Row, you're doing better already. Bid on the first showcase in the Showcase ShowdownAt the end of the show, two contestants face off in the Showcase Showdown.

Persons: Drew Carey, Justin L, Bergner, It's Organizations: Yale University

☆ United Methodist Church embraces the LGBTQ after decades of division
▼ + stars: | 2024-05-05 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +8 min

Courtesy Neighborhood Church AtlantaA church at war with itselfThe United Methodist Church has been at war with itself for decades over its stance on homosexuality. In 2019, the United Methodist Church’s governing body opened a temporary window for congregations to petition to leave over the issue. Andy Oliver reacts after the United Methodist Church removes a rule forbidding "self-avowed practicing homosexuals" from being ordained or appointed as ministers. And yet you stay, and you fight because you know, a better church is possible.”A sign outside the Allendale United Methodist Church in St. Petersburg, Florida. Andy OliverThe Real Work BeginsThe United Methodist Church, is one of the largest mainline Protestant Christian denominations in the United States, according to the Pew Research Center.

Persons: Andi Woodworth, Woodworth, Anjie, ”, “, that’s, ” Woodworth, Anjie Woodworth, Rev, Kristin Stoneking, “ We’ve, “ There’s, ” Anjie, she’s, …, Andy Oliver, Chris Carlson, Robert “ BJ ” Jackson, Oliver, Jackson, Tim, Tim’s, he’s, ” Oliver, Jackson’s, ‘, BJ, – John Wesley –, Billy Hester, Hester, disaffiliate, ” CNN’s Justin Gamble Organizations: CNN, Neighborhood Church, United Methodist Church, Methodist, Church, United Methodist, Christian, “, Conference, Network, Allendale United Methodist Church, Pew Research Center, Asbury Memorial Church Locations: Atlanta , Georgia, Atlanta, Church Atlanta, Allendale, St . Petersburg , Florida, United States, Savannah , Georgia, Savannah

☆ ‘China’s Cape Canaveral’ is booming, fueled by moon mission and space program
▼ + stars: | 2024-05-04 | by ( Lilit Marcus | Marc Stewart | ) edition.cnn.com time to read: +3 min

The city of Wenchang is home to a rocket launch center – and a tourist industry that caters to a growing interest in space-related tourism. China has made no secret of its desire to develop tourism here, drawing inspiration from Florida’s Cape Canaveral – the launchpad for many famous NASA space missions. From celestial scenes in the corridors to a rocket on the breakfast buffet, the sprawling property is inspired by the nearby Wenchang Launch Center. The growth of China’s space program has fueled more interest in all things aeronautic. “Although it’s my 24th time, maybe, to see the rocket launch, I’m still excited about this,” he told CNN.

Persons: Hilton, Justin Robertson, That’s, Yan Zehua, I’m, ”, Liu Guoxing Organizations: CNN, NASA, Hilton, Getty Locations: Hainan, Hanoi, Beijing, Hawaii, China, Wenchang, Florida’s Cape Canaveral, Hainan’s, United States, Canada, France, New Zealand, Malaysia, Japan

☆ Armies need their own drone air force flown by specialist soldiers, study says
▼ + stars: | 2024-05-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The air war in Ukraine has become a cat-and-mouse game where drones must constantly evolve. AdvertisementRUSI envisions each drone battalion being equipped with everything needed to conduct a variety of UAV operations. This would include "situational awareness UAVs optimized for tactical reconnaissance; tactical strike UAVs; ISR [reconnaissance] UAVs able to penetrate into operational depth; operational strike UAVs; and platform-launched effects designed specifically to synchronize with and enable other weapons systems." To support friendly ground troops in contact with the enemy, flocks of expendable reconnaissance drones would operate up to 5 miles beyond the enemy front line. AdvertisementA Ukrainian serviceman launches a drone during a press tour in the Zhytomyr Region, northern Ukraine on September 20, 2023.

Persons: —, Jack Watling, Justin Bronk, Kirill Chubotin, Michael Peck Organizations: Service, Royal United Services Institute, Ukrainian, Staff, Publishing, Getty, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, British, Zhytomyr Region, Forbes

☆ Canadian Arrests Highlight Alleged Gang Role in India’s Intelligence Operations
▼ + stars: | 2024-05-04 | by ( Mujib Mashal | Suhasini Raj | ) www.nytimes.com time to read: +1 min

Months after Prime Minister Justin Trudeau of Canada accused India’s government of plotting a murder on Canadian soil — plunging diplomatic relations between the two countries to their lowest level ever — the first arrests in the killing, which came on Friday, did little to demystify the basis of his claim. The police didn’t offer clues or present any evidence that India had orchestrated the killing of Hardeep Singh Nijjar, a Sikh nationalist leader who was gunned down at the temple he led in Surrey, British Columbia, in June. What they did say was that three Indian men had committed the killing and that an investigation into India’s role was ongoing. Before the arrests, Indian officials had maintained that Canada was trying to drag New Delhi into what it described as essentially a rivalry between gangs whose members were long wanted for crimes back in India. After the arrests, a report from the CBC, Canada’s public broadcasting corporation, based on anonymous sources, also said the suspects belonged to an Indian criminal gang.

Persons: Justin Trudeau, India’s, Hardeep Singh Nijjar Organizations: Canada, CBC Locations: India, Surrey, British Columbia, Canada, Delhi

Analysts are boosting their estimates for a handful of companies that are set to report quarterly results next week. CNBC Pro screened FactSet data to find stocks poised for upside, as well as stocks that have also seen analysts increase their estimates on earnings per share. Analysts have increased their three-month earnings per share estimates by nearly 8%, while average price targets have climbed 23.3%. DIS YTD mountain Disney stock. Analysts have increased earnings estimates and price targets over the past three months by nearly 15% and 45%, respectively.

Persons: Walt Disney, FactSet, Wells, Steven Cahall, Rideshare, Uber, Justin Post, CEG, Sophie Karp Organizations: CNBC, Entertainment, Walt, Analysts, Disney, Uber Technologies, Bank of America, Wall, Constellation Energy Locations: Wells Fargo

☆ AI engineers report burnout, rushed rollouts as 'rat race' to stay competitive hits tech industry
▼ + stars: | 2024-05-03 | by ( Hayden Field | ) www.cnbc.com time to read: +16 min

The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.

Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, “, Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German

☆ Canadian Police Arrest 3 in Slaying of Sikh Leader
▼ + stars: | 2024-05-03 | by ( Vjosa Isai | ) www.nytimes.com time to read: 1 min

Three men were arrested Friday and charged in the killing of a Sikh leader in British Columbia, which Prime Minister Justin Trudeau accused India of orchestrating, fraying relations between the two countries. Hardeep Singh Nijjar, a Sikh nationalist and Canadian citizen, was gunned down last June by two masked assailants in the parking lot of the temple in Surrey, British Columbia, where he was president, according to the police. Three men, all Indian nationals in their 20s, were all arrested in Edmonton, Alberta and charged with first-degree murder and conspiracy to commit murder. Police identified the men as Karan Brar, Kamalpreet Singh and Karanpreeet Singh. The police said the men had been living in Canada three to five years and were not permanent residents of Canada, but would not comment on their immigration status.

Persons: Justin Trudeau, Hardeep Singh Nijjar, Karan Brar, Kamalpreet Singh, Karanpreeet Singh Organizations: Police Locations: British Columbia, Surrey, Edmonton , Alberta, Canada

☆ Red Lobster brought seafood to the masses. Now it’s on the verge of bankruptcy
▼ + stars: | 2024-05-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

While it was a delicious deal for customers, it was terrible for the company: Red Lobster lost $3.3 million in seven weeks. The deal was once again too popular, and Red Lobster was unprepared for its customers’ insatiable lust for discounted shellfish. Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden. In 2021 and 2022, Red Lobster brought on a new CEO, chief marketing officer, chief financial officer and chief information officer.

Persons: Lobster, “, ”, John Gordon, Michael Nagle, Alex Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Glen Martin, Mills, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Justin Sullivan, they’ve, Les Foreman, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Lobster, Thai Union, Bloomberg, Getty, Red Lobster, CNN, Cornell University, Baby Boomers, General, Howard, Restaurant Business, Darden, Denver Post, Harvard Business School, Longhorn, Darden Restaurants, Gate, ‘, Thai, “, ” Thai Locations: New York, United States, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Sale, Thai Union, Thailand

☆ Canada charges three Indian nationals for assassination of Sikh separatist
▼ + stars: | 2024-05-03 | by ( Tara John | ) edition.cnn.com time to read: +4 min

The suspects were identified in court filings as Karanpreet Singh, Kamalpreet Singh, and Karan Brar. The men are accused of conspiring “with others to commit the murder of Hardeep Singh Nijjar,” according to the filings. Authorities are currently investigating if they have ties to the Indian government – the latest development in a long-running intrigue that has fueled diplomatic tension between Canada and India. Nijjar, a Canadian citizen, was gunned down by masked men last June outside a Sikh temple in Surrey, British Columbia. Officials speak at a press briefing on Friday, May 3, regarding arrests made in the killing of Hardeep Singh Nijjar.

Persons: Justin Trudeau, Karanpreet Singh, Kamalpreet Singh, Karan Brar, “, Hardeep Singh, …, Trudeau, Nijjar, David Teboul, Gurpatwant Singh, Nikhil Gupta, Pannun, Gupta, ” Gupta, Pritpal Singh, ” Organizations: CNN, Canadian, Authorities, Government of, ” Royal Canadian Mounted Police, Indian, American Sikh Caucus Committee, FBI Locations: Canada, New Delhi, India, Canadian, Surrey, British Columbia, India’s Punjab, Government of India, United States, American

☆ If you have these 3 habits, you're more resilient than most people, experts say
▼ + stars: | 2024-05-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The more mentally resilient you are, the more quickly you can recover from challenges or persist in the face of them, according to Wharton psychologist Adam Grant. Here are three habits that can help you become highly resilient, experts say:Tend and befriendIf your typical response to stress is to get away from it or shut down, you're not alone. But resilience is all about finding ways through life's stressors and learning from them, and creating social connections can help. "We all know about fight-or-flight — the stress response that can occur when we encounter a perceived threat," executive coach and author Jason Shen wrote for CNBC Make It in March. "But social scientists have uncovered a different and equally important stress response called 'tend-and-befriend,'" which involves seeking contact with others when you're facing a tough situation.

Persons: Adam Grant, Wharton, Jason Shen, Shen, Justin McDaniel —, McDaniel Organizations: Massachusetts Conference, Boston Convention Center, American Psychological Association, CNBC, Facebook, University, Pennsylvania Locations: Boston , Massachusetts

☆ Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then
▼ + stars: | 2024-05-02 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

A person walks by Bored Ape Yacht Club NFT characters inside Radio City Music Hall during the 4th annual NFT.NYC conference on June 21, 2022 in New York City. Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. But despite Bored Ape Yacht Club's substantially lower floor price, the NFT market is still showing some signs of life. How YugaLabs got startedYugaLabs' Bored Ape Yacht Club collection launched in April 2021 with 10,000 NFTs depicting the cartoon apes with various colors, clothing and facial expressions. The startup went on to release several other NFT collections, including Mutant Ape Yacht Club and CryptoPunks.

Persons: Greg Solano, Justin Bieber, Paris Hilton, Sotheby's, YugaLabs Organizations: Radio City Music Hall, Yuga Labs, ETH, Yacht, CryptoPunks Locations: New York City

☆ TikTok agrees deal with Universal Music Group, bringing back the world’s biggest artists
▼ + stars: | 2024-05-02 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Ariana Grande, Adele and Rihanna will soon be back on TikTok, joining Taylor Swift after a deal with Universal Music Group ended a feud that saw one of the world’s biggest record labels pull its music from the video platform. The licensing agreement, announced Wednesday, means that within one to two weeks TikTok’s 1 billion-plus users will be able to use music by UMG artists in their videos. All videos featuring Universal artists’ music that had previously been muted because of copyright violations will be unmuted. “We are pleased to have found a path forward with Universal Music Group,” TikTok CEO Shou Chew said in a joint statement. Universal pulled its music off TikTok in February after the two companies failed to reach an agreement on royalty fees for Universal’s artists, who also include Lady Gaga, Coldplay and Justin Bieber.

Persons: London CNN — Ariana Grande, Adele, Rihanna, Taylor Swift, Michael Nash, Shou Chew, Lady Gaga, Coldplay, Justin Bieber, TikTok, ” Organizations: London CNN, Universal Music Group, ”, UBS, Universal, TikTok, Poets Department Locations: TikTok

☆ We're entering advertising's new era
▼ + stars: | 2024-05-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at the biggest topic at this year's TV upfronts , and how it's a sign of advertising's new era. What's on deck:Markets: Morgan Stanley's new wealth boss outlines the bank's playbook for hitting $10 trillion in client assets. Andy Kiersz/Business InsiderYou might be wondering what retail data has to do with television advertising.

Persons: —, Morgan, Don Draper's, Burton, Jenny Chang, Rodriguez, Business Insider's Lara O'Reilly, Lucia Moses, Andy Kiersz, Andy Jassy, hasn't, Finn, Morgan Stanley, Michael M, Tyler Le, Jed Finn, Andy Saperstein, there's, Joseph Stiglitz, Jerome Powell, Justin Sullivan, Wells Fargo, Kevin Scott, Satya Nadella, Bill Gates, Pablo Declan, Shari Redstone's, tanked, BI's Peter Kafka, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Tech, Wall, Getty, Google, Amazon, Disney, Kroger, Walmart, Big Tech, US Department of Labor, Apple, Department, Paramount, Trump Media Locations: China, OpenAI, New York, London

☆ Disney just named 2 new top execs to advise on strategy and M&A as it considers its future: Read the memo
▼ + stars: | 2024-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Disney has appointed two senior executives to oversee corporate strategy as it considers the future of its linear business and contends with streaming losses. Veteran Disney exec Justin Warbrooke, meanwhile, was named EVP and head of corporate development, overseeing M&A as well as divestitures, among other areas. Mayer was Disney's EVP of corporate strategy and business development before going on to run strategy and the DTC and international businesses. As such, we are evolving the Corporate Strategy function to better align with this vision, which includes two leadership roles — one focused on Corporate Strategy and another focused on Corporate Development — both reporting directly to me. In addition to strategy, Andre has advised clients on the topics of operations, organization, customer journey design, and M&A.

Persons: Disney, Nelson Peltz, It's, Bob Iger, Bain, Andre James, Justin Warbrooke, James, Marvel, Hugh Johnston, Kevin Mayer, Mayer, Iger, Tom Staggs, —, Andre, Justin, Hugh Organizations: ESPN, Business, Veteran Disney, Coopers, Lybrand's, DTC, Century Fox, Disney, Media, Walt Disney Company, Corporate, Strategy, Development, of Media, Entertainment, Bain & Company, Consumer, Marvel, Reliance, Fox, Warner Bros . Discovery, Finance Locations: Hulu, India

☆ Amazon stock has 17% upside as earnings reveal a 'new era' of profits for the tech titan, Bank of America says
▼ + stars: | 2024-05-01 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Bank of America boosted Amazon's price target after earnings to $210, eyeing 17% upside from Wednesday's price levels. Amazon's Q2 guidance slightly fell short of Wall Street's expectations, but Bofa still sees upside ahead. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAmazon stock could soar as its latest earnings herald a "new era" of profits for the tech behemoth, according to Bank of America. On the guidance front, Amazon expects Q2 net sales to range between $144.0 billion and $149.0 billion, 2.5% below the estimated $150.21 billion.

Persons: Bofa, —, Justin Post, BofA Organizations: of America, Service, Bank of America . Bank of America, Amazon

☆ How to save for retirement if your company doesn't offer a 401(k)
▼ + stars: | 2024-04-30 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

Even if your employer doesn't offer a 401(k) plan, it shouldn't stop you from getting the most out of your retirement savings. You have other tax-advantaged options available to save for the future, including individual retirement accounts, Roth IRAs or health savings accounts — all of which can help your money grow. However, only about 11% of Americans max out their 401(k) contributions. If you don't have an employer retirement plan like a 401(k), all of those contributions are tax deductible. And unlike traditional IRAs, you don't have to take minimum distributions at any point.

Persons: Roth, Justin Rucci, Roth IRAs Roth, Alyson Basso Locations: Newport Beach , California, Middleton , Massachusetts

☆ Far-right network OAN retracts false story about Michael Cohen affair with Stormy Daniels
▼ + stars: | 2024-04-29 | by ( Marshall Cohen | ) edition.cnn.com time to read: +3 min

Cohen and Daniels are both key witnesses against Trump in his ongoing New York state criminal trial. Trump is accused of falsifying business records to cover-up the $130,000 payment that Daniels received so she wouldn’t publicly reveal their alleged affair before the 2016 election. Cohen hired veteran attorney Justin Nelson after OAN published the story last month. The little-watched network has regularly given airtime to baseless conspiracy theories, most prominently in the wake of the 2020 election. OAN still faces a separate defamation lawsuit brought by Nelson’s law firm on behalf of Dominion over its promotion of 2020 election lies.

Persons: Donald Trump’s, Michael Cohen, Stormy Daniels, Cohen, Daniels, Trump, wouldn’t, Cohen “, ”, Daniel, ” Cohen, OAN, –, Justin Nelson, Nelson, “, ” Nelson, OAN didn’t Organizations: CNN, Trump Organization, Trump, Smartmatic, Dominion Voting Systems, Fox News, Dominion Locations: New York, Arizona

☆ Right-Wing Network Retracts False Story About Key Witness in Trump Trial
▼ + stars: | 2024-04-29 | by ( Maggie Haberman | Katie Robertson | ) www.nytimes.com time to read: 1 min

One America News, a right-wing cable news network, on Monday retracted a report claiming that Donald J. Trump’s former fixer had been the person who actually had an affair with the porn star whose claims of a sexual relationship with Mr. Trump are key to his criminal trial. The retraction came after the fixer, Michael D. Cohen, hired a leading defamation lawyer to address the false report, which was posted on the network’s website on March 27. The lawyer, Justin Nelson, had represented Dominion Voting Systems in a suit against Fox News that cost that network $787.5 million to settle. Mr. Nelson worked with Mr. Cohen’s longtime lawyer, Danya Perry, in what was a remarkably quick about-face by OAN. There are no monetary damages, but the story is being removed from the website “and all social media,” the network said in a statement on Monday.

Persons: Donald J, Trump, Michael D, Cohen, Justin Nelson, Nelson, Cohen’s, Danya Perry Organizations: America, Voting Systems, Fox News, Mr, OAN

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