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Eli Lilly 's raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. Eli Lilly Why we own it: Eli Lilly's best-in-class drugs should enable growth above the industry average for many years to come. At their highs of the morning, shares of Eli Lilly traded above their all-time closing high of $792.28 set on March 4. In general, the more-bullish financial outlook helps make Eli Lilly's high price-to-earnings ratio coming into earnings more tolerable for investors. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.
Persons: Eli Lilly, Eli Lilly's, Lilly, Jim Cramer, Lilly's, Jim, Anat Ashkenazi, Zepbound, It's, Ashkenazi, Dave Ricks, donanemab, Jim Cramer's, Eli Lilly’s, Brendan McDermid Organizations: Revenue, LSEG, Novo Nordisk, Biogen, Merck, Pfizer, U.S, Drug Administration, Nexus Pharmaceuticals, CNBC, FDA Locations: Eisai, Zepbound, Trulicity, Wisconsin, New York City, U.S
Within days, millions of TikTok videos using music from Universal artists went mute, and since then guessing which side would blink first has become a media-business parlor game. Backing this up, one study found that TikTok users reported experiencing higher levels of flow than Instagram users. Corey Basch, who analyzed 100 popular TikTok videos with the hashtag mentalhealth for a 2022 study, emerged concerned about the looping effect of the algorithm. Cerave Sales increased by more than 60 percent in 2020 after skin care became a lockdown pastime and TikTok users discovered the drugstore mainstay. Cat Crack Catnip It briefly sold out in 2021 after TikTok users posted videos of their cats going crazy for it.
Persons: randos, TikTok, you’ve, Sydney Sweeney, Glen Powell, , “ Wonka, Barbie, “ Oppenheimer, , goofing, cavorting, Sue Fleishman, Z’s Walter Cronkite, Spehar, Donald J, Trump, he’s, Caitlin Clark’s, Joe Biden, Justin Bieber, Abbie Richards, Richards, Britney Spears, Taylor Swift, Olivia Rodrigo, Lil Nas X, Fleetwood Mac, Rodrigo, Billie Eilish, Drake, Swift, ByteDance, can’t, Mark Warner, hasn’t, Al, ear on, Li Organizations: Fleetwood Mac, Facebook, Sony, Universal, Warner Bros, White, Pew Research Center, YouTube, The New York Times, Kansas City Chiefs, Media, Colgate, Universal Music Group, ByteDance, Intelligence Committee, e Locations: United States, Beijing, Biden’s, TikTok, Singapore, View, Calif, China, American
Private equity finds its next bet: college admissions
  + stars: | 2024-04-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +10 min
Now, private equity firms are swooping in to help while taking majority stakes in exchange. Last week, the company announced that it would partner with California-based private equity firm Nexus Capital Management and move its test into a for-profit company. A company owned by private equity can obfuscate what the company actually does to the public and potentially to regulators. Private equity firms “come into industries that are already suffering from a lack of funding,” said Creeks. They’ve had a lack of funding and support and so sometimes private equity is the only viable option.
Persons: New York CNN — It’s, Janet Godwin, , ” Goodwin, , we’ve, Charlie Eaton, Goodwin, Critics, Constantine Yannelis, Rebecca Winthrop, They’ve, ” Powell, Jerome Powell, Powell, Bryan Mena, Chris Isidore, United, Max Organizations: CNN Business, Bell, New York CNN, ACT Inc, U.S ., ACT, Nexus Capital Management, , CNN, Nexus, Higher, University of California, ” Nonprofit, Nexus Capital, Savvas Learning Company, Private Equity, Project, University of Chicago Booth School of Business, Center for Universal Education, Brookings Institution, P Global Market Intelligence, College Board, Veritas Capital, , Bank of Canada, Wilson, Fed, United, United Airlines, Boeing, Alaska Airlines, Federal Aviation Administration Locations: New York, Iowa, California, Merced, Canada
When our Great Americans go, we know how to mourn them. But there’s a Great American subset — where the adventure rocks the infrastructure and the life leaves a gash. In some other realm, the football career and its showbiz afterlife, pitching rental cars and enlivening spoofery, would have warranted the plain-old Great American treatment. Are we still in Great American territory? In a place some call “La La Land,” no less.
Persons: Simpson, What’d, spoofery, O.J, Folks, LeVar Burton, Nicole Brown Simpson, Ronald Goldman, beckoning, Organizations: Great Locations: O.J, Africa, La
A new investigation has linked a shadowy Russian unit to instances of 'Havana Syndrome.' Carrie's account of "Havana Syndrome" was reported in an investigation jointly published by 60 Minutes, German outlet Der Spiegel, and investigative outlet The Insider. The outlets link Unit 29155, a shadowy Russian assassination unit, to multiple incidences of the syndrome, which is formally known to the US government by the term "anomalous health incidents," or AHIs. The Insider traced the movements of several Unit 29155 operatives around the time of several instances of alleged Havana Syndrome. AdvertisementHowever, in 2021 unnamed US officials told Politico that the GRU was at least suspected in ongoing investigations into the syndrome.
Persons: Der Spiegel, , Carrie, she's, Greg Edgreen, Joy, Albert Averyanov, Marc Polymeropoulos, Insider's Aylin Woodward, It's, Walter Reed Organizations: Service, FBI, Der, CIA, Defense Intelligence Agency, The, National Intelligence, US, Politico Locations: Havana, Russian, Florida, Cuba, China, Russia, Tbilisi , Georgia, Moscow
Most members of the band subscribed to a live-fast-die-young lifestyle. Now, decades after Dr. Longo dropped his grunge-era band, DOT, for a career in biochemistry, the Italian professor stands with his floppy rocker hair and lab coat at the nexus of Italy’s eating and aging obsessions. “For studying aging, Italy is just incredible,” said Dr. Longo, a youthful 56, at the lab he runs at a cancer institute in Milan, where he will speak at an aging conference later this month. Italy has one of the world’s oldest populations, including multiple pockets of centenarians who tantalize researchers searching for the fountain of youth. “It’s nirvana.”Dr. Longo, who is also a professor of gerontology and director of the U.S.C.
Persons: Valter Longo, Longo, , Dr Organizations: West Coast, gerontology, Longevity Locations: Italian, Italy, Milan, California
BeeBright | Getty ImagesLONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind "malicious" cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. "I can confirm today that Chinese state-affiliated actors were responsible for two malicious cyber campaigns targeting our democratic institutions and parliamentarians," British Deputy Prime Minister Oliver Dowden said in a speech to Parliament on Monday. "We want now to be as open as possible with the House and the British public," Dowden said. U.S. hits out at ChinaSeparately, the U.S. Justice Department unsealed an indictment Monday accusing Chinese state-linked hackers of being behind cyber campaigns targeting U.S. businesses, government officials and politicians.
Persons: Oliver Dowden, Dowden, Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Xiong Wang, Zhao Guangzong, Merrick B, Garland Organizations: Getty, stoke, Electoral, Electoral Commission, Embassy, Google, APT31, U.S . Justice Department, DOJ Locations: U.S, Beijing, China, Britain, APT31 ., United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn Austrian bank's plan to repatriate $1.6 billion in assets still stuck in Russia is facing US pushback, on concern that the deal would breach Western sanctions. The Raiffeisen Bank International remains the biggest foreign-owned lender remaining in the country, as efforts to sell or spin off its Russian unit have struggled since Moscow's tightened exit requirements on foreign firms. That's as Deripaska is sanctioned for potential links to the Kremlin, making the transaction a possible breach of Western restrictions. Aside from Raiffeisen, the US has been stepping up pressure on foreign banks that continue to facilitate transactions with Russia.
Persons: , Oleg Deripaska, Raiffeisen, that's Organizations: Service, Raiffeisen Bank, Business, Reuters Locations: Austrian, Russia, Russian, Vienna, Washington, Austria, Saudi Arabia, Turkey
With no major GOP opponents, ex-President Donald Trump easily won the Georgia primary on Tuesday. But Nikki Haley still won roughly 20,000 Election Day votes despite her exit from the WH race. Statewide, Haley won about 78,000 votes in the GOP primary. And roughly 20,000 of those votes were cast on Election day, according to The Atlanta Journal-Constitution. AdvertisementThe ghost of the 2020 election still lingersIn the 2020 election, Biden won Georgia by a 0.23% margin, or roughly 12,000 votes out of roughly 5 million ballots cast.
Persons: Donald Trump, Nikki Haley, , Donald Trump romped, Trump, Haley, Joe Biden, Raphael Warnock, Jon Ossoff, Warnock, Republican Herschel Walker, Brian Kemp's, Stacey Abrams, Kemp, Brian Kemp, Georgia, Brynn Anderson, Fulton, Biden, Cobb, Brad Raffensperger, Trump's, Raffensperger Organizations: GOP, Georgia, WH, Service, Georgia Republican, South Carolina Gov, Trump, Super, The Atlanta, UN, Georgia Republicans, Republican, Independents, Gov, AP, Peach State Republicans, Biden, Georgia . College Locations: Atlanta, Georgia, Cobb , DeKalb, Fulton, Gwinnett, Atlanta ,, , DeKalb, Cobb, Fulton County, Trump
If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.
Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington
He said with the widespread arrival of generative AI, concerns about physical attacks being the next phase of cybercrime have grown. He added that the technology, now boosted by AI, exists to wreak havoc on physical systems. Attacks on physical infrastructure would be tantamount to war, and so far, that is something nation-states have avoided. Experts, though, vary on the threat level from cyber-physical attacks and how much AI is raising it. But while she views the threat of AI-assisted cyber-physical attacks as growing, she said AI also assists the good guys.
Persons: Stuart Madnick, Christopher Wray, , Madnick, don't, Tim Chase, CISO, Chase, Sivan Tehila, Tehila, Michael Kenney, Matthew B Organizations: Cybersecurity, MIT Sloan, FBI, Congress, Katz School of Science and Health, Yeshiva University, Israel Defense Forces, . University of Pittsburgh, Ridgway Center for International Security Locations: United States
CNN —Google is set to open its New York headquarters in a repurposed 1930s railway terminus near Hudson Square on Monday — and the tech giant says the project was designed with nature in mind. Once at the end of the railway now forming New York’s High Line, St. John’s Terminal served as a freight facility and office space. Mark Wickens/Courtesy GoogleGoogle began leasing the St. John’s Terminal site in 2019, and bought it outright in 2022 for $2.1 billion. Mark Wickens/Courtesy GoogleThe building can accommodate around 3,000 workers and is organized into 60 “neighborhoods” for teams of around 20 to 50 people. Google’s parent company, Alphabet, also slashed around 12,000 jobs — then around 6% of its workforce — at the beginning of 2023.
Persons: it’s, , Sean Downey, Mark Wickens, Rick Cook, Google, that’s, Downey, we’ve, Jennifer Kelly, Organizations: CNN, Google, New York State, Americas, Global Business, CookFox Architects, John’s, Google Google, Google’s Global Business Organization Locations: New York, Hudson, SoHo, Tribeca, St, Coney, Hurricane, Dublin, Playa Vista, New York City, Chelsea, John’s, California, America,
Killed in the Kansas City shooting was radio DJ Lisa Lopez-Galvan, her employer KKFI 90.1 FM said. “You know it happens, but you never expect it to happen to you.”Where the investigation standsCleanup underway at Union Station in Kansas City, Missouri, on Thursday. The boy, who suffered a bullet graze to the leg, tracked down a Kansas City police officer. People hold candles during a vigil in Kansas City on Thursday. Kansas City Chiefs offensive lineman Trey Smith said he took cover in a closet with others at the event when he heard the gunfire, pulling a child to safety with him.
Persons: , Stacey Graves, ” Graves, Mercy Children’s, Lisa Lopez, Galvan, Lopez, Beto Lopez, CNN’s Anderson Cooper, Graves, Jacob Gooch, CNN’s Erin Burnett, Gooch, he’d, , , ” Gooch, Emmalee Reed, Alayna Gonzalez, ” Gonzalez, it’s, Cash Adams, Chris Jones, I’d, ” Cash, Cash, Samuel Arellano, KSHB, ” Samuel, Trey Smith, , ’ ” Smith, Smith, , L’Jarius Sneed, ESPN’s Hannah Storm, Everything’s Organizations: CNN —, Kansas City Chiefs, Chiefs, CNN, Denver, NBA’s Nuggets, Kansas City, CNN Police, Alcohol, Tobacco, Firearms, Explosives, KMBC, CNN NFL, NFL, ABC, Wrestling Entertainment, ’ ” Kansas City Chiefs, ESPN Locations: Kansas City , Missouri, Mercy, Kansas City, United States, Kansas, , ’ ”
Gunfire interrupts an afternoon of celebratingPeople flee after shots were fired near the Kansas City Chiefs' Super Bowl LVIII victory parade on February 14, 2024, in Kansas City, Missouri. 43-year-old woman killed, several kids hurtThe gunfire killed Elizabeth “Lisa” Lopez-Galvan, a 43-year-old mother and DJ who was remembered as an avid Kansas City Chiefs fan with a natural gift for bringing laughter to those she knew. Chiefs give back to hurting communityThe Kansas City Chiefs and the United Way of Greater Kansas City launched KC Strong, an emergency response fund to help the shooting victims and their families, the team announced on X Friday. A sign made from chairs spelled out "KC STRONG" Thursday afternoon, Feb. 15, 2024, in front of Union Station, the site of a mass shooting at the Kansas City Chiefs Super Bowl rally on Wednesday. Tammy Ljungblad/The Kansas City Star/Tribune News Service/Getty ImagesThe siblings, ages 8 and 10, posed for photos in their hospital rooms with the Mahomes couple.
Persons: , Stacey Graves, , Andrew Caballero, Reynolds, ” Jacob Gooch, , Manny Abarca, CNN’s Laura Coates, Graves, Elizabeth “ Lisa ” Lopez, Galvan, Lisa Lopez, KKFI Lopez, Stephanie Meyer, ” Graves, Patrick Mahomes, Tammy Ljungblad, Taylor Swift, Lopez, Travis Kelce, CNN’s Alisha Ebrahimji, Alaa Elassar, Kevin Dotson, Caroll Alvarado, Megan Thomas, Michelle Krupa Organizations: CNN, Kansas City, Chiefs Super Bowl, Chiefs, Kansas City Chiefs, Denver, NBA’s Nuggets, Getty, Union Station, Police, , CBS, ” Authorities, Children’s Mercy Hospital, Children’s Mercy, Alcohol, Tobacco, Firearms, Explosives, Greater Kansas City, KC, Kansas City Chiefs Super, Kansas City Star, Tribune, Service, Swift Locations: Kansas, United States, Kansas City , Missouri, AFP, Union, Jackson County, Greater Kansas, Brittany
The East Coast Is Sinking
  + stars: | 2024-02-13 | by ( Mira Rojanasakul | Marco Hernandez | Christopher Flavelle | ) www.nytimes.com   time to read: +11 min
The East Coast Is Sinking New satellite-based research reveals how land along the coast is slumping into the ocean, compounding the danger from global sea level rise. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Atlantic City is sinking up to 4 centimeters per decade. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Several hotspots in Maryland are sinking over 10 centimeters per decade, while other areas are rising. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Charleston, S.C., which is affected by groundwater pumping, is sinking up to 5.7 centimeters per decade. Portland, Maine 47.0 cm 45.8 cm +40 cm 40.6 cm Relative sea level rise 33.8cm +30 cm +20 cm SUBSIDENCE +10 cm Change since 1925 Global sea level rise 1925 2023 1925 2023 1925 2023 1925 2023 Sources: Dangendorf (2019) and the National Oceanography Centre.
Persons: , Leonard Ohenhen, Kenneth Miller, Inner Harbor BOSTON Charles, , Miller, “ We’ve, Sandy, we’ve, Sandy Hertz, Hertz Organizations: Virginia Tech, U.S . Geological Survey, NASA, Rutgers University ., Places New, National Oceanography, The New York Times, East Boston Charleston East Cambridge Airport, Inner, Pleasure, Roxbury, Boston City Archives, Boston Public Library, Boston Groundwater Trust, PNAS, Rutgers University, American Society of Civil Engineers, Army Corps of Engineers, Maryland Department of Transportation Locations: Boston, New York City, Long, Maryland, Hampton, Va, Charleston, S.C, Florida, Miami, Places New York City, N.Y, Atlantic City, N.J, Mass, Portland , Maine, York City, New Jersey, East, Inner Harbor BOSTON, Pleasure Bay, Savin, Roxbury Grove, Shirzaei, Cape Canaveral, exurbs, Delaware, Atlantic, East Coast
Officials have weighed in on her ability to park her jet in Las Vegas airports. The Japanese Embassy in Washington posted on social media that she could make the Super Bowl in time, including in their statement three Swift song titles – “Speak Now”, “Fearless” and “Red." “If she departs Tokyo in the evening after her concert, she should comfortably arrive in Las Vegas before the Super Bowl begins,” it said. If it all goes as planned she’s then expected to fly to Australia later this week to continue her tour. “This week is truly the best kind of chaos,” Swift posted Wednesday on Instagram.
Persons: — Will, Taylor Swift's, Travis Kelce, Swift, , , Kelce, she’s, ” Swift Organizations: TOKYO, Super, Kansas City Chiefs, Chiefs Locations: Tokyo, Haneda, Las Vegas, Washington, Asia, Los Angeles, Australia, Instagram
Read previewThe two executives who have ran BlackRock's influential consulting business since 2020 are each being promoted to new roles at the asset manager, a spokesperson told Business Insider, as BlackRock makes sweeping changes to its leadership ranks across divisions. The firm is naming Brandon Hall as the firm's deputy chief operating officer, reporting to Rob Goldstein, BlackRock's chief operating officer and a prominent leader at the company. He replaces Stacey Mullin, who had held the role since 2022 and was recently named chief of staff to BlackRock Chief Executive Larry Fink. He will report to Charles Hatami, who runs the group known as FSIG and heads up BlackRock's business in the Middle East. Martin Small, now the New York-based firm's chief financial officer, had previously held roles in FMA.
Persons: , Brandon Hall, Rob Goldstein, Stacey Mullin, Larry Fink, Ben Leax, Charles Hatami, FMA, Goldstein, Martin Small, Hatami, Mark Wiedman, Fink, Mark Erickson, Mark Azzopardi Organizations: Service, BlackRock, Business, Financial, Hall, BI, Federal Reserve Bank of New Locations: New York, FMA, Federal Reserve Bank of New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But while the US enjoys overwhelming military superiority over the Houthis, defeating this tribal movement would be a nightmare. Case in point: Egypt tried to suppress the Houthis in the 1960s. Today's Houthis are attacking ships in the Red Sea – and hurling ballistic missiles at Israel – ostensibly in response to Israel's military operations in Gaza. Indeed the rebellion eased Israel's lightning victory in the 1967 Six-Day War, a fact that the Houthis have chosen not to publicize.
Persons: , Gamal Abdel Nasser, Jesse Ferris, Nasser's Gamble, Nasser, quagmire, Islam –, Yemen —, Ferris, Mohammed Hamoud, Israel –, Israel, Lawrence Organizations: Service, Business, Broadway, Israel Democracy Institute, Palestine, US, Royalists, British, Yemeni Locations: Yemen, Egypt, Vietnam, British, Zaidi, Islam, Arab, Soviet, Russia, America, Afghanistan, Gaza, Saudi, Britain, Israel, Iran
Business Insider reviewed "Unmasking AI: My Mission to Protect What Is Human in a World of Machines." Readers come away understanding AI, how it can perpetuate bias, and what we can do about it. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buolamwini especially documents the coded gaze applied to facial recognition AI technologies, which serve as the subject for much of Buolamwini's research. There, 90% of tenants were people of color, mostly women and older adults — all groups that facial recognition has been scientifically proven to be less accurate on.
Persons: Joy Buolamwini, , Buolamwini, flexes, Joe Biden, it's, Buolamwini's, Simone Biles, Let's Organizations: Service, MIT, Business, Georgia Tech, Economic, National Institute of Standards, Technology Locations: Mississippi, Ghanaian, Brooklyn, Davos
CNN —In 1930 George Hoyningen-Huene pulled off one of the greatest dupes in the history of photography. George Hoyningen-Huene Estate ArchivesRönngren said Huene was “like Forrest Gump. George Hoyningen-Huene Estate ArchivesAll this gossip and glamour would, of course, make great television: and Rönngren is now working on a Netflix drama about the photographer’s life and times. The Jaeger exhibition, which presents works, dating from 1927 to 1955, coincides with the publication of “George Hoyningen-Huene: Photography, Fashion, Film” by Susanna Brown (Thames & Hudson). Photographer George Hoyningen-Huene in the studio in Paris, 1937.
Persons: George Hoyningen, Huene, Horst P, Horst, Lee Miller, , “ George Hoyningen, Katherine Hepburn, Josephine Baker, Benjamin Jaeger, Steffi, ” Huene, Baron Barthold Theodor Hermann von Hoyningen, Tsar Nicholas II, Susannah Brown, George, Salvador Dalí, Weissmuller, Huene “, Tommy Rönngren, Asa, Tommy “, Rönngren, Forrest Gump, Joseph Pilates, Ava Gardner, Sophia Loren, George Cukor, Condé Nast, Cole Porter, “ sauvage, Greta Garbo, Marlene Dietrich, , Dietrich, Garbo, ’ ” Heune, Miriam Hopkins, Susanna Brown, Baker, Roger Schall, Lisa Fonssagrives, Irving Penn, Jaeger Organizations: CNN, Vogue, Cote, Jaeger Art, Jaeger, , British Army, Condé, Thames & Hudson, Nexus Hall, Neue, Hudson Locations: Paris, Russian, New York, Côte, Berlin, St Petersburg, England, France, Montmartre, Swedish, Huene, Horst’s, Stockholm, , Hollywood, revolté, Thames, Tokyo, Europe, Germany
Elon Musk last week announced his company Neuralink has implanted its first chip in a human test subject. AdvertisementInterest from potential test subjects is rather slim, as is: just 2% would "definitely" consider getting a computer chip implanted in their brain "within the next year," below the margin of error for the poll. Overall, just 5% of respondents would at all consider getting a chip in the next year. Men were more than three times as likely as women (13% vs 4%) to be down for a commercially produced brain chip eventually. All told, 19% of respondents who said they read Dune would get a commercially available brain chip, and 11% of respondents who said they read Dune would get one this year.
Persons: Elon, , Elon Musk, Richard Foreman Jr, it's, Flowers, Algernon, Frank Herbert's, Algernon — Organizations: Service, Democrats, Independents, Summit Entertainment Locations: Silicon
Here are Thursday's biggest calls on Wall Street: Morgan Stanley downgrades ZoomInfo to equal weight from overweight Morgan Stanley said it sees a slowing recovery for the software company. Morgan Stanley reiterates General Motors as overweight Morgan Stanley said it's standing by the auto giant and that GM shares are "cheap." Mizuho reiterates Nvidia as buy Mizuho said it's standing by the stock heading into its GTC Conference in March. Morgan Stanley names Docebo a top pick Morgan Stanley named the ed-tech company a top pick. " Morgan Stanley reiterates Bloom Energy as overweight Morgan Stanley said the energy company is an "underappreciated AI winner."
Persons: Morgan Stanley downgrades ZoomInfo, Morgan Stanley, Oppenheimer, AAPL, it's, Mizuho, Goldman Sachs, Goldman, Redburn, Tesla, Daiwa, Jefferies, StoneCo, Wells, JPMorgan downgrades Lennox, LII, Docebo, Kraft Heinz, Mondelez, Kate McShane, Wolfe, Cash Organizations: OW, Apple, Motors, Nvidia, Conference, Citi, Qualcomm, Samsung, Deutsche Bank, Deutsche, Humana, Microsoft, Rockwell Automation, Rockwell, JPMorgan, UBS, SilverBow Resources, Regency, Kraft, Target, RBC downgrades New York Community Bancorp, RBC, New, Community Bancorp, Bloom Energy, Boston Scientific, Mizuho Locations: Boston
“This would effectively mean that the lese majeste law would become untouchable,” said Munin Pongsapan, associate professor at Thammasat University’s Faculty of Law. Sentences for those convicted under lese majeste can be decades long and hundreds of people have been prosecuted in recent years. Anyone – including ordinary citizens – can bring lese majeste charges on behalf of the king, even if they are not directly involved with the case. Protesters demanding royal reform wanted to abolish the lese majeste law, and to ensure the king is answerable to the constitution, with protesters scrutinizing Vajiralongkorn’s immense wealth and power. Move Forward’s predecessor, the Future Forward Party, came out of nowhere to win the third most seats in the 2019 election.
Persons: Pita Limjaroenrat, lese, , Munin Pongsapan, , Munin, Parit Wacharasindhu, Stringer, Wiroj Lakkhanaadisorn, , Thitinan, ” Thitinan, lese majeste, Thais, King Maha Vajiralongkorn, King Bhumibol Adulyadej, Maha Vajiralongkorn, Anusak, turfing, Pita, Wednesday’s Organizations: Thailand CNN, Wednesday, Party, University’s, of Law, CNN, Anadolu Agency, Chulalongkorn University, Forward Party, Legal, Thai Lawyers for Human Rights, Lawmakers Locations: Bangkok, Thailand, Thai
But on Wednesday the Move Forward Party and its push for change were dealt a severe blow. Thailand’s Constitutional Court ruled that the party’s proposal to scale back the royal defamation law violated the Constitution because it was an attempt to overthrow the monarchy. The verdict, in effect, lays out explicitly that the royal defamation law is sacrosanct for Thailand’s conservative establishment, a nexus of royalists, military officials and wealthy elites. Wednesday’s ruling leaves Move Forward vulnerable to more legal challenges, which could pave the way for its eventual disbandment. It could also set the stage for a showdown between Thailand’s progressive opposition and the establishment.
Persons: Pita Limjaroenrat Organizations: Party Locations: Thailand
New Mexico's attorney general slammed Meta and its CEO Mark Zuckerberg on Wednesday for failing to protect children from sexual predators on Facebook and Instagram. Torrez sued Meta and Zuckerberg in December, alleging that Facebook and Instagram were "prime locations" for predators who engaged in sexual abuse, solicitation and trafficking. "By their own reckoning, nearly 100,000 children a day receive sexually explicit material or are targeted for sexual harassment" on social media, Torrez said. The attorney general said Zuckerberg "absolutely" was directly warned about the threat to children on those hugely popular social media sites. "Meta executives have known for years that their platforms were a breeding ground for pedophiles, for predators," Torrez told CNBC on Wednesday.
Persons: General Raúl Torrez, Mark Zuckerberg, Raul Torrez, CNBC's Eamon Javers, Zuckerberg, Torrez, Meta Organizations: New, Meta, Facebook, U.S . Capitol, Committee, CNBC, AG Locations: New Mexico, Albuquerque, N.M
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