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☆ Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
▼ + stars: | 2024-05-04 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world. It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends. Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed. First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation. Brian Doyle of Nihon Global and his team are a good example of this.

Persons: Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire Organizations: Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D Locations: Japan, Toyo, North America, Mexico, U.S, American, United States, Asia

☆ While Boeing's passenger planes glitch, NASA is entrusting the company's spaceship with 2 astronauts' lives
▼ + stars: | 2024-05-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Boeing is about to fly NASA astronauts to the International Space Station for the first time. Still, the FAA, NASA, and other aerospace experts have questioned Boeing's overall safety culture. NASA astronauts Butch Wilmore and Suni Williams conduct suited operations in the Boeing Starliner simulator at NASA's Johnson Space Center. This Crew Flight Test mission is over a decade in the making. He added that those calculations are for a full 210-day mission, while Whilmore's and Williams's test flight lasts just one week.

Persons: —, NASA's Butch Wilmore, Suni Williams, Butch Wilmore, Robert Markowitz They're, jetliner, AeroSystems, Bill Nelson, Kim Shiflett, George Nield, Bjorn Fehrm, Fehrm, KPIs, Doug Loverro, Baz Ratner, Bill Ingalls, Steve Stich, Nield, We've, Wilmore, Starliner, Whitmore, Williams Organizations: Boeing, NASA, International Space Station, FAA, Service, Defense, Boeing's, International Space, Space Center, ISS, Max, NTSB, AP, Alaska Airlines, United Airlines, Federal Aviation Administration, Department of Justice, Atlas, Cape Canaveral Space Force, Space Transportation, New York Times, Leeham, Business, Ethiopian, Ethiopian Airlines, Aerospace, Committee, White, Bill Ingalls NASA, US, Spaceflight Locations: Portland, Florida, It's, New Mexico

☆ A 26-year-old stock trader who made over $10.5 million in 4 years shares the strategy adjustment he made in 2024 that has allowed him to remain profitable
▼ + stars: | 2024-05-04 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

In 2017, at 19 years old, Jack Kellogg became interested in stock trading. AdvertisementIn 2023, he took advantage of the AI hype by trading stocks within that theme. He then reviews these stocks' price movements over the previous three to two weeks. Where it's set depends on how much he's willing to risk on each position and varies based on the stock's price movements. While he's agnostic about the stock's cap size, he favors swing trading mid and sometimes small-cap stocks.

Persons: Jack Kellogg, Timothy Sykes, Kellogg, Kellogg wasn't Organizations: Business, BI, Trust, Nvidia, CXApp Inc

☆ Nobel Prize-winning economist Joseph Stiglitz says the US economy is on solid footing — but warns any one of these 4 major risks could spoil the expansion
▼ + stars: | 2024-05-04 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The US economic expansion should continue in the months ahead, assuming there are no major external shocks, according to Nobel Prize-winning economist Joseph Stiglitz. Consumer spending, which makes up about two-thirds of the US economy, is still positive, and job gains have been robust. AdvertisementDespite his generally upbeat outlook, however, Stiglitz is concerned about a number of risks. 4 economic risks to watchThe first is that economic slowdowns happening elsewhere could seep into the US. Congress could shut down again, we might not get some of the necessary bills that we need to continue government," Stiglitz said.

Persons: Joseph Stiglitz, we've, Stiglitz, Brent, Mike Johnson, Trump, Putin Organizations: Service, Columbia University, Conference, Business, Republican Locations: Europe, China, Israel, Palestine, Lebanon, Iran, Ukraine, Russia, Taiwan, Eastern Europe

☆ Markets worry Treasury yields could jump back to levels that sparked chaos last October
▼ + stars: | 2024-05-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

The benchmark 10-year Treasury yield is hovering below levels that caused a massive crash last fall. Yet, persistent inflation and weak Treasury auctions could boost yields past the 5% mark. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's why Treasury auctions have become attention-grabbers for markets, as investors watch to see if there are enough willing buyers. The dangers of 5%When 10-year yields broke through the 5% mark last fall, traders panicked and the S&P 500 nosedived nearly 6% from October's peak-to-trough.

Persons: —, That's, Treasurys, Bill Gross, Ed Yardeni, Eric Sterner, Yardeni, hasn't, they're, Goldman Sachs, Sterner Organizations: Service, Treasury, Business, Treasury Department, Federal, Yardeni Research, Investment, SEI, Apollon Wealth Management

☆ 5 financially independent individuals and couples share the book that changed their investment strategy
▼ + stars: | 2024-05-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

When you invest in an index fund, you're essentially buying a basket of stocks that represents a broad market or theme. "That book makes a really good case for index funds." They own the Vanguard 500 Index Fund Admiral Shares Fund (VFIAX), the Vanguard Information Technology Index Fund ETF (ETF, VGT), and the Fidelity MSCI Information Technology Index ETF (ETF, FTEC). Note that ETFs, like index funds, offer an easy way to diversify and bundle several securities into one investment. Since index funds are passively managed, they typically have lower costs than actively managed funds — and, historically, they outperform active funds.

Persons: Carl, Mindy Jensen, JL Collins, Mindy, it's, They're, Collins, Jamila, Ali, Josh Lupo, Josh, Jack Bogle, Warren Buffett Organizations: Business, Independence, Apple, Microsoft, IRA, FIRE, Fund, Vanguard Information Technology Index Fund ETF, Fidelity Locations: American

☆ 'Big downside revisions coming': A famed economist who called the 2008 recession warns jobs data will shockingly turn sour in the next 6 months — and says a stock-market AI bubble is starting to unrav
▼ + stars: | 2024-05-04 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Over that time, the non-farm payrolls survey showed that the US economy gained 640,000 jobs. In addition to believing jobs data is distorted, Rosenberg has said in recent months that stock prices and valuations are disconnected from the macroeconomic picture. The chart below shows the AI boom — represented by the yellow line — with AI stocks climbing several hundred percent since 2022. Rosenberg ResearchDownturn or no downturnRosenberg has been notoriously bearish over the last couple of years, repeatedly warning of a recession. Pantheon MacroeconomicsAs Rosenberg points out, the longer the Fed keeps rates elevated, the higher the risk of a recession becomes.

Persons: David Rosenberg, Rosenberg, Merrill Lynch's Organizations: Labor Statistics, Business, Rosenberg Research, BLS, Dynamics, Federal Reserve, Nvidia, Bloomberg, Treasury

Below, we've compiled everything you need to know about where to watch the Giro d'Italia races, including free live streams. Keep reading to learn everything you need to know about watching the 2024 Giro d'Italia. ET / 11:55 a.m. BST / 6:55 p.m. AWSTWhere to watch Giro d'Italia in the USMax is be the US streaming home of Giro d'Italia races in 2024. Shop at MaxWhere to watch Giro d'Italia in the UKDiscovery+ will show the 2024 Giro d'Italia races in the UK. Where to watch Giro d'Italia in AustraliaGiro d'Italia will stream on SBS in Australia.

Persons: Primož, Hansgrohe, Tadej, Venaria, Francesco al Campo, Max, HBO Max, it's, ExpressVPN Organizations: Business, Tour de France, UCI, UAE Team Emirates, SBS, Torino, Giro, HBO, Warner Bros, de France Locations: Italy, Australia, ExpressVPN, Francesco, Biella, Australian

☆ Warren Buffett holds first Berkshire Hathaway meeting without Charlie Munger
▼ + stars: | 2024-05-04 | by ( Nicole Goodkind | Eva Rothenberg | ) edition.cnn.com time to read: +3 min

Buffett will appear for the first time without his longtime business partner and friend Charlie Munger, who died in November. In 1978, Munger joined Berkshire Hathaway as vice-chairman and sat by Buffett’s side, quick with a quip or a sage piece of advice. Berkshire’s operating profits are expected to increase by 21% to $6,702 per Class A share, according to the FactSet estimates. Berkshire Hathaway reported a significant uptick in fourth-quarter operating earnings, which totaled $8.5 billion, up from $6.6 billion, or a 28% increase from a year ago. For the year, operating earnings rose to $37.3 billion, after setting a record of $30.8 billion in 2022.

Persons: Warren Buffett, Buffett, Charlie Munger, Greg Abel, Ajit Jain, Munger’s, Munger, ”, “, Charlie, Berkshire Hathaway, “ Charlie, Abel, Greg, ” Buffett, “ Greg Organizations: New, New York CNN, Berkshire Hathaway, Oracle, “, Berkshire Locations: New York, Woodstock, Nebraska, Berkshire, Omaha, “ Berkshire, The Omaha , Nebraska

☆ We left Colorado's cold weather and high taxes for California sunshine and a surprisingly cheaper cost of living
▼ + stars: | 2024-05-04 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Beth Ann: We planned on getting to California at some point. Beth Ann: We first started considering a move to California during COVID when we were sitting at home and couldn't go anywhere. AdvertisementEric and Beth Ann Mott said they love the access to nature and hiking in California. Courtesy of Eric and Beth Ann MottBeth Ann: You can't paint California with just one brush. Beth Ann: I think California will continue to be our long-term play.

Persons: —, realtors Eric Mott, Beth Ann Mott, Eric, Denver, Beth Ann, We're, Berkshire Hathaway HomeServices, Colorado, COVID, California Eric, Beth Anne, Beth Ann Mott Eric, it's, Colorado Eric, Everybody, they're, Beth Ann Mott Beth Ann, wouldn't Organizations: Service, realtors, Business, Kansas City, Berkshire Locations: Denver , Colorado, Oaks , California, California, Denver, Colorado, Oaks, Eric, COVID, Santa Monica, downtown, Los Angeles

☆ Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
▼ + stars: | 2024-05-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +13 min

Youth unemployment, income inequality, regional disparities, and Russian oil remain big problems. But the work starts there, as he'll have to navigate thorny issues such as youth unemployment, income inequality, and reliance on sanctioned Russian oil. "The other key economic policy was JAM — the trinity of bank accounts for the poor, mobile numbers and a biometric card. Indian demand for Russian oil has cooled in recent months as new sanctions have made it more expensive, but the buying remains controversial. Alexandr Demyanchuk/AFP/Getty ImagesIndia the IT hubUnder Modi, India has made big strides in modernizing its economy, combating bureaucracy, and appealing to foreign investors.

Persons: Narendra Modi, Elon Musk, Jamie Dimon, Tim Cook, —, Modi, Goldman Sachs, JPMorgan's Dimon, He's, Musk, Apple's Cook, Joe Biden, Sundar Pichai, Anna Moneymaker, Jensen Huang, Satya Nadella, Alphabet's Sundar Pichai, Richard Rossow, Demonetisation, Kunal Sen, Sen, Tim Graham, Rossow, tycoons Mukesh Ambani, Gautam Adani, Mukesh Ambani, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani, Radhika Merchant, Anant, Radhika, Ambani, they'd, Neelima Jain, Vladimir Putin, Alexandr Demyanchuk, Sanjay Shetty, Shetty Organizations: Service, titans, Monetary Fund, Gross, World Bank, Economic, of New, Google, Apple, Nvidia, Microsoft, India, Studies, Center for Strategic & International Studies, United Nations, United Nations University World Institute for Development Economics, University of Manchester, International Labor Organization, Oxfam, Bloomberg, Reliance Industries, Adani, CSIS, Indian, Shanghai Cooperation Organisation, Getty, Modi, Big Tech, Randstad, Economic Times Locations: India, Britain, Japan, Germany, China, of New York, Nimaj, Rajasthan, North Korea, Bihar, Uttar Pradesh, Russia, Ukraine, Europe, Moscow, Western, Samarkand, AFP, Randstad India

Stock futures soared higher on Friday morning after new data showed that US job growth slowed considerably last month. The US added just 175,000 new jobs in April, according to Bureau of Labor Statistics data released Friday. That's far below economists expectations for 235,000 jobs and the 315,000 jobs added in March. A still-robust job market means the central bank could continue to keep rates elevated without fear of sending the economy into a recession. If the labor market weakens, the Fed is more likely to consider a rate cut.

Persons: That's Organizations: Dow, Nasdaq, of Labor Statistics, Wall Street, Federal Reserve

☆ N.Y.P.D. Says Police Officer Accidentally Fired Gun Inside Columbia Building
▼ + stars: | 2024-05-03 | by ( Andrés R. Martínez | More About Andrés R. Martínez | ) www.nytimes.com time to read: +1 min

An officer whose gun went off inside a Columbia University building this week fired it accidentally as the police were removing pro-Palestinian protesters from the campus, the New York Police Department said on Thursday. The officer, who was not identified, was approaching a barricade on the first floor of Hamilton Hall when he fired his gun, which had a flashlight on it, the police said. The shooting was captured on the officer’s body camera, which was handed over to the Manhattan district attorney’s office. The episode did not come to light until Thursday, when The City, a local news organization, published a story that said a shot had been fired inside Hamilton Hall on Tuesday as police cleared the Columbia campus of protesters. It was the second time in two weeks that Columbia officials asked the police to enter the Manhattan campus to remove demonstrators.

Organizations: Columbia University, New York Police, Hamilton Hall, Hamilton, Columbia Locations: Manhattan, The City

Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ Gazprom: Russian oil giant posts first annual loss in 20 years as sales to Europe collapse
▼ + stars: | 2024-05-03 | by ( ) edition.cnn.com time to read: +2 min

Moscow — Kremlin-owned gas giant Gazprom plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, as sales to Europe plummeted in the wake of Russia’s war in Ukraine. Analysts had expected net income of 447 billion rubles ($4.9 billion) in 2023, according to Interfax news agency. The company made a net profit of 1.2 trillion ($13.1 billion) rubles in 2022, the year Russia launched its full-scale invasion of Ukraine. Russia’s gas exports to Europe, once its primary export market, have slumped largely because of the political fallout from the conflict in Ukraine. The company’s core profit, or earnings before interest, taxes, depreciation and amortization known as EBITDA, dropped to 618.38 billion rubles ($6.7 billion) last year from 2.79 trillion rubles ($30.4 billion) in 2022, according to Reuters’ calculations.

Persons: Alexei Miller, Vladimir Putin, Ronald Smith Organizations: Gazprom, Analysts, Reuters, BCS Global Markets Locations: Moscow, Ukraine, Russia, St . Petersburg, Europe

Provoked Violence, Unchecked for Hours The New York Times used videos filmed by journalists, witnesses and protesters to analyze hours of clashes — and a delayed police response — at a pro-Palestinian encampment on Tuesday. On Tuesday night, violence erupted at an encampment that pro-Palestinian protesters had set up on April 25. The videos showed counterprotesters attacking students in the pro-Palestinian encampment for several hours, including beating them with sticks, using chemical sprays and launching fireworks as weapons. The melee began when a group of counterprotesters started tearing away metal barriers that had been in place to cordon off pro-Palestinian protesters. 12:26 a.m.Sean Beckner-Carmitchel via ReutersAt times, counterprotesters swarmed individuals — sometimes a group descended on a single person.

Persons: KAPLAN, COUNTERPROTESTERS, ROYCE HALL POWELL LIBRARY KAPLAN, counterprotesters, Mel Buer, Harbu, ”, Sean Beckner, Sergio Olmos, Calmatters, “, Counterprotesters, Mary Osako, ’, U.C, Michael Drake, L.A.P.D, Mark Abramson, Gene Block, Gavin Newsom, enforcement’s, Hussam Ayloush, U.C.L.A Organizations: The New York Times, . University of California, Los Angeles University of California, Los Angeles ROYCE HALL, POWELL LIBRARY KAPLAN, ROYCE HALL POWELL, HAINES, ROYCE HALL, POWELL, COUNTERPROTESTERS KAPLAN, HAINES HALL POWELL LIBRARY, ROYCE HALL POWELL LIBRARY, UCLA, Powell Library, Royce Hall, Palestinian, Arrows, Police, New York, University of California, Times, Security, Real News, Israel Defense Forces ’, The Times, Reuters, Associated Press, Los Angeles Police Department, Patrol, Riot, California, Daily Bruin, California Gov, Los Angeles Jewish, Los, Los Angeles Area, Islamic, Jewish Federation Los Locations: U.C.L.A, Los, Los Angeles, Israel, Gaza, Carmitchel, StringersHub, California, Palestine

☆ Opinion: I’ve seen too many young journalists pay the ultimate price. It’s them I’ll be thinking of today
▼ + stars: | 2024-05-03 | by ( Opinion Jon Williams | ) edition.cnn.com time to read: +10 min

When a journalist is killed, it is not just their voice that is silenced: Press freedom is your freedom. Over 30 years ago, the United Nations recognized May 3 as World Press Freedom Day: a global reminder of the importance of press freedom and an opportunity to assess its health around the world. The Committee to Protect Journalists (CPJ) found that at least 100 journalists and media workers have been killed since we last marked World Press Freedom Day. Tragically, on this World Press Freedom Day, our work is needed more than ever. On this World Press Freedom Day, the fallen who gave their lives for the truth should serve as a reminder as to why press freedom is really your freedom.

Persons: Jon Williams, Rory Peck, Read, Jon Williams Rory Peck, Bayeux, ”, Simon Cumbers, Simon, Al, Louise, Cumbers, Johnny Green, Thomas Jefferson, ” Jefferson, it’s, Dom Phillips, Phillips, Aldeia Maloca, Bruno Pereira, Joao Laet, don’t Organizations: Rory Peck Trust, BBC News, ABC News, CNN, 1st Cavalry, Canadian, BBC, The Washington Post, United Nations, Protect Journalists, Getty, United, Twitter, Facebook Locations: Bayeux, Northern France, France, Omaha Beach, Europe, Nazi Germany, Normandy, Paris, “, Saudi Arabia, Al Qaeda, Saudi, Riyadh, Ireland, London, South, Indonesia, Turkey, India, Madrid, Irish, Kabul, Afghanistan, Gaza, Ukraine, Honduras, Sudan, Philippines, Brazil, Aldeia, Roraima, AFP, Britain, United States, Israel, Egypt

☆ It Was the Biggest Job of His Life. Was He On Target, or Off by Half?
▼ + stars: | 2024-05-03 | by ( Graham Bowley | ) www.nytimes.com time to read: +1 min

Whenever a worthy cause needs help in Rockland, Maine, this town of 7,000 overlooking Penobscot Bay, people reach out to Bruce Gamage Jr., an auctioneer who runs an antiques shop downtown. Walking sticks? Gamage is as established an expert on such items as you’ll find around Rockland, a working-class town once known for its quarries and fish canneries. Many in town say he is just as self-sacrificing a spirit. “It’s almost all we need to do is send him the date, he is just so generous with his time,” said Amie Hutchison, executive director of Trekkers, a local nonprofit that mentors young people.

Persons: Bruce Gamage Jr, he’s, “ It’s, ”, Amie Hutchison Locations: Rockland , Maine, Penobscot, French, Rockland

☆ Oil steadies, heads for weekly drop on U.S. economy worries
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: +1 min

Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic uncertainty and limited crude supply disruptions caused by the Israel-Hamas war. Brent headed for a 6.3% weekly decline, while and WTI moved towards a loss of 5.6% on the week. The market is now looking towards U.S. economic data and indicators of future crude supply from the world's top producer. Higher rates typically weigh on the economy and that can reduce oil demand. Also on Friday, energy services firm Baker Hughes is due to release its weekly count of oil and gas rigs, an indicator of future crude output.

Persons: Brent, WTI, Baker Hughes Organizations: Brent, . West Texas, Organization of, Petroleum, U.S . Bureau of Labor Statistics, Federal Reserve Locations: Israel, U.S, Russia

☆ Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
▼ + stars: | 2024-05-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Jim Cramer suggested some of Apple's AI commentary Thursday night could be a factor in the Google parent's stock move. We continue to believe the market is underappreciating Coterra's ability to pullback production in natural gas in favor of oil. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, That's, Jim, Tom Jorden, Jorden, Nelson Peltz, Peltz, Jim Cramer's Organizations: CNBC, Apple, Conference, Nasdaq, Google, Federal Reserve, Institute for Supply, Coterra Energy, Diamondback Energy, Cinco, Cinco de Mayo, Constellation Brands, Corona, Modelo, Disney, Jim Cramer's Charitable Locations: U.S, Cinco de

☆ 4 ingredients to level up your pasta recipes
▼ + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com time to read: +12 min

With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.

Persons: Dan Pashman, ”, Pashman, “, Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, ”, Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ What Happens When NASA Loses Eyes on Earth? We’re About to Find Out.
▼ + stars: | 2024-05-03 | by ( Raymond Zhong | ) www.nytimes.com time to read: +1 min

Sometime in the next few years — no one knows exactly when — three NASA satellites, each one as heavy as an elephant, will go dark. Already they are drifting, losing height bit by bit. But age is catching up to them, and soon they will send their last transmissions and begin their slow, final fall to Earth. With some of the data these satellites gather, the situation is even worse: No other instruments will keep collecting it. In a few short years, the fine features they reveal about our world will become much fuzzier.

Organizations: NASA

☆ China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
▼ + stars: | 2024-05-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

The automaker is the joint venture partner of Honda and Toyota in China, and has an electric car brand called Aion. Expanding outside ChinaLike other automakers in China, GAC is also turning overseas. China's overseas car sales surged last year, putting the country on par with Japan as the world's largest exporter of cars. Dyer expects that to drive overseas demand for Chinese electric cars. Chinese consumers placed almost twice as much importance on tech features compared with U.S. consumers, Dyer said, citing AlixPartners' survey.

Persons: Evelyn Cheng, Tesla, Feng Xingya, Feng, Wei Haigang, Wei, Stephen Dyer AlixPartners, There's, Stephen Dyer, AlixPartners, Dyer, BYD, Nio, CATL, Zhong Shi Organizations: CNBC, GAC, Labor, Huawei, Honda, Toyota, China Passenger Car Association, EU, U.S, Factories, Greater China Business U.S, Ministry of Commerce, Tech, Volkswagen, SAIC Motor, Battery, China Automobile Dealers Association, Automotive, Robotics, Lotus Technology, Geely Locations: Beijing, Evelyn Cheng BEIJING, China, East, Mexico, Japan, Malaysia, Thailand, Egypt, Brazil, Turkey, Amsterdam, Greater China, Asia, U.S, Europe

☆ There are 4 big factors to watch that could bring turmoil to financial markets, research firm says
▼ + stars: | 2024-05-03 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Stocks and the economy look strong but there are four factors that could pose a problem, Capital Economics said. Geopolitical risks in the Middle East and high interest rates are big risks to markets. A depreciation of the Chinese yuan and soaring US debt are also the two factors investors need to watch. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Thirdly, with the rising value of the Chinese yuan, any depreciation could trigger currency market volatility elsewhere.

Persons: —, Ruben Gargallo Abargues, Jonas Goltermann, Wednesday's, Goltermann, Bill Gross Organizations: Economics, Service, Capital Economics, Brent Locations: Israel, Treasuries

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