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☆ ISS says unions and pension funds should back Norfolk Southern activist investor
▼ + stars: | 2024-05-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

Norfolk Southern Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response to the East Palestine Derailment" in Washington, U.S., March 22, 2023. Norfolk Southern -invested unions and pension funds should back activist Ancora's full seven-director slate at the railroad's shareholder meeting later this month, two different Institutional Shareholder Services proxy advisory services said. Neuberger Berman said earlier that it would support Ancora's case for change at Norfolk Southern, while Canadian asset manager EdgePoint also reaffirmed on Thursday that it would be voting its shares with the activist. (EdgePoint was initially partnered with Ancora's campaign at Norfolk Southern but dissolved that arrangement months earlier.) Top institutional shareholders include Vanguard, BlackRock, State Street and Dodge & Cox, as well as California's pension funds, CalPERS and CalSTRS, and Colorado's public pension fund.

Persons: Alan Shaw, Ancora's, Taft, Jim Barber, Glass Lewis, Barber, investor's, Ancora, Neuberger Berman, EdgePoint Organizations: Norfolk Southern, Commerce, Science, Institutional, Hartley Advisory Services, Social Advisory Services, CNBC, UPS, ISS, Norfolk Southern's, Norfolk, Vanguard, Dodge, Cox Locations: East Palestine, Washington , U.S, Norfolk, East Palestine , Ohio, BlackRock

☆ OCD made me question every aspect of my identity — even my sexuality. Here's how I overcame it and found the love of my life.
▼ + stars: | 2024-05-02 | by ( Elle Warren | ) www.businessinsider.com time to read: +5 min

For almost 10 years, I struggled with a type of OCD known as sexual orientation OCD (SO-OCD). When I moved to a progressive city, I accepted my queerness and now I'm engaged to the woman I love. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlegra Kastens, LMFT, founder of the Center for OCD, Anxiety, and Eating Disorders, told me: "OCD doesn't exist in a vacuum. She had a queer friend who lived in the building, and that friend flirted with me.

Persons: —, I'd, You've, Alegra, queerness Organizations: Service, Michigan Locations: Denver

☆ This family traveled for a year. Here are the biggest mistakes they made
▼ + stars: | 2024-05-02 | by ( Vivien Soo | Poonam Binayak | ) www.cnbc.com time to read: +8 min

Life-changing experiences, unforgettable memories and beautiful pictures — these are things that come to mind when people think of a year-long family trip. The Sullivan family, shown here at Machu Picchu in Peru, ran into several unforeseen circumstances throughout the year. Source: Margaret Bensfield Sullivan"We had packed every conceivable medication, and it never occurred to me that we would encounter lice," she said. After a year abroad, Sullivan, shown here in Egypt, said her family returned home with a stronger bond. Margaret Bensfield Sullivan

Persons: Margaret Bensfield Sullivan, Sullivan, Teddy Organizations: Sullivans Locations: piranhas, Brazil, Mozambique, New York, Tanzania, South America, Africa, East, Europe, Asia, Oceania, Beijing, Peru, Berlin, Machu Picchu, Germany, Sullivan, Vietnam, Cambodia, France, Japan, Egypt

☆ Warner Bros. Discovery’s stock plummets to new low amid concerns the media giant could lose its NBA rights
▼ + stars: | 2024-05-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question. Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value. And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.

Persons: New York CNN — David Zaslav, “, WBD, —, Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, ” Organizations: New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall Locations: New York

☆ ISS endorses most of activist Ancora's nominees for Norfolk Southern board
▼ + stars: | 2024-04-30 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven board nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a "credible director and CEO candidate nonetheless." Ancora is seeking to oust both current CEO Shaw and newly appointed COO John Orr. ISS recommends shareholders support Ancora nominees William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry and John Kasich. "As board chair, Amy Miles arguably bears the most responsibility for this state of affairs," ISS' report read. WATCH: CNBC's full interview with NSC CEO Shaw on activist campaign

Persons: Jim Barber, Glass Lewis, Alan Shaw's, Barber, Amy Miles, Ancora, Shaw, John Orr, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry, John Kasich, Orr, Sen, Heidi Heitkamp, Richard Anderson Organizations: Norfolk, ISS, CNBC, Vanguard, BlackRock, Norfolk Southern, Delta Locations: Norfolk Southern, East Palestine , Ohio, Norfolk

Walmart opened its first Walmart Health clinic in Georgia in 2019, and then gradually opened more clinics next door to its big-box stores. Walmart struggled with high executive turnover and cycled through numerous leaders of Walmart Health. Going forward, Walmart will return to the health services it offered before the Walmart Health push: It will continue to operate its thousands of pharmacies and vision centers. Walmart Health marks the latest failed push into health care by a high-profile company, following the disbandment of a joint venture between JPMorgan Chase , Berkshire Hathaway and Amazon in 2021. Meanwhile, Amazon 's health clinic operator One Medical now has more than 125 locations nationwide.

Persons: Brett Biggs, Doug McMillon, Berkshire Hathaway, Walgreens Organizations: Walmart Health, Walmart, CNBC, CVS, Walgreens Boots Alliance, Amazon, JPMorgan Chase, Walgreens Locations: Sugar, Arkansas , Florida, Georgia , Illinois, Texas, U.S, Georgia, Florida

All eyes remain on tech stocks this week, with Amazon and Apple due to release their earnings after the market closes on Tuesday and Thursday, respectively. After a strong rally to start the year, tech stocks have wavered in recent weeks as investor concerns of lofty valuations bubbled to the surface. Investors can still find opportunities in the form of tech stocks that pay a dividend and have a runway for growth. The stock's 2% dividend yield is higher than the S & P 500's 1.3%. With a dividend yield of 1.6%, Broadcom also made the list.

Persons: Oppenheimer Organizations: Google, Amazon, CNBC Pro, Qualcomm, Benchmark, Oracle, Analysts, Broadcom, Barclays Locations: Nashville , Tennessee

☆ The 'Challengers' ending explained — and why its screenwriter thinks that question you're asking yourself is irrelevant
▼ + stars: | 2024-04-29 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +8 min

AdvertisementThe ending of the tennis movie "Challengers" has left many viewers questioning who wins the final match, but the film's director and screenwriter said it is not about a singular winner. During a tiebreak in the final scene, Patrick and Art enter a rally, hitting the ball at each other instead of trying to score. Here's what this final scene could mean and what the director and screenwriter have said about it. MGMIn the final scene, Art is one point away from winning the competition. The "Challengers" director and screenwriter said it doesn't matter who won the final match.

Persons: —, Zendaya, Mike Faist, Josh O'Connor, Art Donaldson, Patrick Zweig, O'Connor, Patrick, Tashi, audibly, Patrick's, Niko Tavernise, David Hanzes, Slate, Luca Guadagnino, Justin Kuritzkes, Kuritzkes, Tashi Duncan, they're, Guadagnino Organizations: Service, Challenger, Art, MGM, US Tennis Association's Eastern, Goldwyn, Mayer Pictures, Entertainment, Mayer

☆ A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
▼ + stars: | 2024-04-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Read previewThe Biden administration this week pushed out a slate of rules it says are meant to boost competitiveness and put more money into workers' pockets. There are already challenges to at least one of the rules — but together they could land overtime pay for millions more workers, ban noncompetes that prevent workers from moving into jobs in similar industries, and help people get automatic refunds for delayed or canceled flights. More workers eligible for overtime payUnder the Department of Labor's new rule, many workers who make under $43,888 will be eligible for overtime pay effective July 1. A ban on noncompetes that keep workers from taking new jobsPerhaps the most sweeping action for workers came from the Federal Trade Commission, which finalized a rule to ban noncompetes in most cases. Will a ban on noncompetes, new overtime thresholds, or airline refunds affect your life?

Persons: —, Biden, Lael Brainard, That's, it's, Judy Conti, Pete Buttigieg, Brainard, Aaron, Ryan, John Smith, Suzanne Clark, Jeremy Merkelson, Davis Wright Tremaine, Merkelson, Elizabeth Wilkins, Wilkins Organizations: Service, Business, National Economic Council, Department of, National Employment Law, of Transportation, Federal Trade Commission, . Upjohn Institute, Employment Research, of Commerce, Texas Association of Business, Federal Trade, Chamber of Commerce, FTC

Microsoft and a major chemical stock were among Friday's biggest analyst calls. He also lowered his price target by $1 to $25, which implies shares can fall roughly 19% from Thursday's close. Sandler increased his price target by $27 to $200, which implies 26.6% potential upside. JPMorgan: Analyst Mark Murphy added $30 to his price target, which is now at $470. He also hiked his price target to $61 from $55, which implies upside of 8% going forward.

Persons: Morgan Stanley, Mobileye, Adam Jonas, Jonas, — Pia Singh, Stifel, Stanley Elliot, Elliott, Alphabet's, Oppenheimer, Jason Helfstein, Ross Sandler, Sandler, Brent Thill, Google's, Justin Post, Post, Wall, Raimo Lenschow, Wells, Michael Turrin, MSFT, Turrin, Mark Murphy, Murphy, Keith Weiss, Weiss, Jeffrey Zekauskas, Zekauskas, Dow, Fred Imbert Organizations: CNBC, Microsoft, JPMorgan, Dow Inc, TAM, Caterpillar, Google, Barclays, –, Jefferies, Bank of America, DOW Locations: Israel, Thursday's, reaccelerate, Wells Fargo

☆ John Roberts isn’t happy with previous ruling against Trump – what happens now?
▼ + stars: | 2024-04-26 | by ( Joan Biskupic | ) edition.cnn.com time to read: +5 min

But the cagey chief justice made some points abundantly clear. And whatever the staggering facts of the election subversion allegations against Trump, they are not his concern here. Further, when he is in the majority, Roberts has the power, as chief justice, to determine who writes the opinion. In past high-profile disputes involving Trump, Roberts has kept the pen for himself. Whenever Dreeben tried to return to allegations of fraud, obstruction and other crimes against Trump, conservative justices swept them away.

Persons: John Roberts, Donald Trump, Roberts, who’d, Trump, he’s, ” Roberts, Michael Dreeben, Jack Smith, Ronald Reagan, Jane Sullivan Roberts, Patrick Jackson, Justice Ketanji Brown Jackson, John Sauer, Sauer, Dreeben, Samuel Alito, Alito, “, It’s, ” Dreeben, ”, I’m Organizations: CNN, Trump, Court, DC Circuit US, Appeals, United Locations: United States

☆ Legal woes pile up for Trump allies: Giuliani, Meadows, and more indicted in Arizona election interference case
▼ + stars: | 2024-04-25 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani and Mark Meadows are among those indicted in an Arizona election interference case. Multiple Trump allies and Arizona GOPers were charged with felony counts, including conspiracy. The indictment also appeared to list former President Donald Trump as "Unindicted Coconspirator 1." AdvertisementProsecutors charged Rudy Giuliani, Mark Meadows, and a slate of Arizona Republicans with multiple felonies in a 58-page indictment made public on Wednesday. A representative for Trump and the Trump Organization did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Mark Meadows, Donald Trump, —, Jenna Ellis, John Eastman, Christina Bobb, Trump, Mike Roman, Boris Epshteyn, Ted Goodman, Giuliani, Bobb, Charles Burnham, Eastman, George Terwilliger, Meadows, hadn't, Joe Biden Organizations: Trump, Service, Prosecutors, Arizona Republicans, The Washington, GOP, Eastman, Business, Post, United, Trump Organization Locations: Arizona, Maricopa County , Arizona, Ellis, United States, Georgia , Michigan , Wisconsin, Nevada, Georgia, Mar, New York

☆ Alphabet's earnings are coming up. Here’s what analysts are looking for
▼ + stars: | 2024-04-25 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Google parent Alphabet is set to report earnings after the bell on Thursday, adding to the slate of Big Tech earnings this week. For the first quarter, analysts polled by LSEG are calling for earnings of $1.51 per share on revenue of $78.59 billion. What the Street expects to see: AI, Cloud growth, ad trends Beyond the headline figures, analysts are paying close attention to Alphabet's revenue from the Google Cloud business, YouTube ads and its traffic acquisition costs. The company's ad revenue of $65.52 billion came in lower than analysts' estimates of $65.94 billion, however, according to StreetAccount. With AI, Alphabet is working on both sides of the technology: the innovator and the investor.

Persons: LSEG, that's, Brent Thill, Thill, Maria Ripps, Prabhakar Raghavan, Gemini, Anthropic Organizations: Big Tech, Google, Meta, Jefferies, Capital, YouTube

Trump himself has continued to lobby for absolute immunity, including before his appearance at a New York court where he’s on trial for business fraud. Dreeben told Barrett that the indictment against Trump is substantially about private conduct, meaning that a trial could proceed even if the Supreme Court finds some immunity for Trump’s official actions. Liberal justices weren’t impressed with Trump’s absolute immunity claimsIt was pretty clear where the court’s three liberals will be when the opinion lands. With arguments over, focus shifts to timing for decisionThe arguments about Trump’s immunity claim are over. In the immunity case, the court already helped Trump by denying the special counsel request last December to leapfrog the appeals court and resolve the question quickly.

Persons: Donald Trump’s, Jack Smith carte, Trump, John Roberts, Roberts, didn’t, he’s, ” Roberts, skeptically, ” Trump, John Sauer, Sauer, Amy Coney Barrett, Justice Elena Kagan, Brad Raffensperger, Raffensperger, ”, Justice Barrett, Barrett –, Barrett, Smith, ” Barrett, Michael Dreeben, Dreeben, weren’t, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Kagan, “, that’s, ” Kagan, Jackson, ” Jackson, “ I’m, Alito, they’d, ” Alito, ’, Ty Cobb, Mark Meadows, Rudy Giuliani, Richard Nixon, Gore, Katelyn Polantz, Hannah Rabinowitz, Holmes Lybrand Organizations: CNN, Trump, Appeals, DC Circuit, Georgia, Republican National Committee, Arizona, Justice Department, Trump isn’t Locations: New York, Arizona, Michigan , Georgia, Nevada, Michigan, Washington

Analyst Edward Kelly upgraded the discount retailer to overweight from equal weight and opened a $180 price target. Yefremov's $400 price target indicates shares can jump 31.7% from Wednesday's closing price. Analyst Andrea Teixeira downgraded the energy drink maker to neutral from overweight and cut her price target by $7 to $59. — Alex Harring 5:38 a.m.: Wall Street reacts to Meta earnings Meta Platforms disappointed investors with its weak revenue guidance , sending shares down about 13% in premarket trading. His price target of $55 implies upside of 22% over the next 12 months.

Persons: Bernstein, Wells, Edward Kelly, shrinkflation, Kelly, — Alex Harring, Sherwin, Williams, Aleksey Yefremov, Yefremov, Doug Creutz, Creutz, Judas, Goldman, bullish, Goldman Sachs, Brooke Roach, Roach, Andrea Teixeira, Alex Harring, Ford, Wells Fargo, Colin Langan, Langan, LSEG, Eric Sheridan, Brian Nowak, Morgan Stanley, Doug Anmuth, Ronald Josey, Daniel Roeska, Roeska, General Motors, Fred Imbert Organizations: CNBC, General Motors, Traders, Grand Theft, Sony, Electronic Arts, TJX, TJX Companies, JPMorgan, Monster Beverage, Ford, Ford Pro, Facebook, Meta, Citi, mojo, General, GM Locations: Wells Fargo, Thursday's, Wednesday's, Michigan

☆ Meadows, Giuliani among indicted in Arizona in latest 2020 election subversion case
▼ + stars: | 2024-04-24 | by ( Zachary Cohen | Holmes Lybrand | ) edition.cnn.com time to read: +6 min

“In Arizona, and the United States, the people elected Joseph Biden as President on November 3, 2020,” the indictment reads. Prosecutors in Michigan, Georgia and Nevada also have brought criminal charges against some of the people who signed on as fake electors in those states. A grand jury empaneled in Maricopa County, Arizona, to investigate efforts to overturn the 2020 election results in the state met this week before Mayes announced the charges. The fake electors for Trump convened at the state Republican Party headquarters in Phoenix on December 14, 2020. But in the weeks that followed, some of the fake electors continued to push for Pence to reject the legitimate Democratic slate of electors.

Persons: CNN —, Donald Trump’s, Boris Epshteyn, Mark Meadows, Rudy Giuliani, Kris Mayes, Mayes, ” Mayes, Trump, ” Trump, ‘, Giuliani, Joseph Biden, “, unindicted, ” “, Pence, Harris, Mike Pence, Joe Biden, I’ve, –, Biden, Jack, CNN’s Rashard Rose Organizations: CNN, White House, Democrat, Trump, Arizona ’, “, Biden, Prosecutors, Capitol, Republican Party, Republican, Arizona, Democratic Locations: Arizona, Epshteyn, United States, State of Arizona, New York, Michigan , Georgia, Nevada, Wisconsin, Maricopa County , Arizona, American, Phoenix

☆ Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
▼ + stars: | 2024-04-24 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Katie SchoolovThrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months after the former highflier filed for bankruptcy. Greg Greeley, Thrasio's CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Thrasio filed for bankruptcy in February and said it had agreed with lenders to restructure some of its debt load. Alongside the C-suite shakeup, Thrasio is also laying off "employees at every level," according to the memo. They're also inquiring about officers and directors involved in over $300 million in company stock sales "that has given rise to allegations of fraud."

Persons: Prosper, Katie Schoolov Thrasio, Greg Greeley, Josh Burke, Stephanie Fox, Greeley, Thrasio, Goldman Sachs, JPMorgan Chase, They're, Josh Silberstein Organizations: Amazon, CNBC, Finance, BlackRock, JPMorgan, CNBC's, U.S . Customs, Border Protection, GXO Logistics, Walmart Locations: Las Vegas , Nevada, U.S

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City

☆ Donald Trump again is trying to bend the Supreme Court to his will
▼ + stars: | 2024-04-24 | by ( Joan Biskupic | ) edition.cnn.com time to read: +11 min

CNN —When he was president, Donald Trump tried to make the Supreme Court his own. In a video earlier this month, Trump announced his campaign position on abortion, including his personal thanks – one-by-one – to the Supreme Court justices who had voted against the 1973 Roe v. Wade milestone. Lower court judges ruled against Trump, saying whatever immunity he might have enjoyed as president ended when he left office. Beyond the substance of cases, Roberts and Trump clashed memorably when Trump in 2018 disparaged a US trial judge in partisan terms. At the Supreme Court, lawyer John Sauer will represent Trump, as he did before the DC Circuit.

Persons: Donald Trump, Roe, Wade, Trump, Jack Smith, Joe Biden, “, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett, –, ’, Clarence Thomas, Virginia “ Ginni ” Thomas, Thomas, ”, ” Smith, Nixon’s, Ford’s, ” Trump, Juan Merchan, John Roberts, Roberts, Vance, Smith, Obama, it’s, ” Roberts, Bush, Clinton, Madison, Richard Nixon, Nixon, Fitzgerald, Marbury, John Sauer, Trump’s, Michael Dreeben, Dreeben Organizations: CNN, Supreme, Trump, Social, Democratic, DOJ, US Justice Department, Jackson, Health Organization, recusal, DC US, Trump rejoined, Madison, DC Circuit, Department of Justice Locations: America, Dobbs v, Washington, New York, Colorado, Florida, United States, Manhattan, Marbury, Marbury v, Fitzgerald, “

At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."

Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States

☆ Opinion: Being lesbian is no longer just a personal identity. It encompasses much more
▼ + stars: | 2024-04-22 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +7 min

CNN —Lesbian Visibility Week, celebrated each year at the end of April, was first observed in California in 1990 and is marked around the world and in lesbian living rooms across America — including mine. Many laws have criminalized gay men but not women, leaving us in slightly safer territory. Gay men are also more likely to be victims of hate crimes and violence. Gay men might be criminalized, but gay women have long been targeted, sometimes in heinous ways that fly under the radar of the law, and which go unprosecuted. On this Lesbian Visibility Week, I am grateful both to be seen and to slip quietly under the radar, unnoticed.

Persons: Allison Hope’s, Allison Hope, James, “, God, we’ve, We’ve, ” We’ve, I’ve, Jodie Foster, Lily Tomlin, Kate McKinnon, Lea DeLaria, Wanda Sykes, We’re, ” Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Gay Locations: New, California, America

Charly Triballeau | AFP | Getty ImagesBillionaire donors like Robert Kraft and Leon Cooperman are weighing their support for Columbia University amid rising campus tensions over pro-Palestinian protests. "Columbia is grateful to Mr. Kraft for his years of generosity and service to Columbia," a Columbia spokesperson said in a statement to CNBC. Cooperman and Kraft so far, represent a minority of wealthy Columbia University donors who are speaking out on the protests. CNBC reached out to half a dozen foundations listed by Columbia University as having given at least $1 million to the school since 2014. Students protest in support of Palestinians on Columbia University campus, as protests continue inside and outside the university, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in New York City, U.S., April 22, 2024.

Persons: Bruce A Blakeman, Charly Triballeau, Robert Kraft, Leon Cooperman, Kraft, Nemat, Shafik, Roger Goodell, Austin McAfee, Cooperman, James Gorman, Morgan Stanley, David Greenspan, Leon Cooperman Scott Mlyn, University President Shafik, Caitlin Ochs Organizations: Nassau, Columbia University, AFP, Getty, Columbia, New England Patriots, Georgia World, Center, Kraft Group, Foundation, Combat, Kraft Center for Jewish, The Kraft Group, CNBC, Omega Family, Columbia Business School, Slate, CNBC Columbia Students, Justice, New York Police, NYPD, University President, Students, Columbia University campus, Hamas Locations: New York, Columbia, Gaza, Atlanta, Palestine, Israel, Palestinian, New York City, U.S

☆ Netflix gained 9.3 million subscribers this year as it adjusts streaming strategy
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —Netflix, the dominant player in streaming, says it grew sales, profits and added more than 9 million subscribers as it revealed first-quarter results on Thursday. In total, Netflix now has 269.6 million subscribers, a record high. In recent months, Netflix has made moves to expand and even radically reinvent its business in an effort to juice profit. In January, Netflix announced it had acquired the exclusive rights to "WWE Raw" live, currently seen on Comcast's USA cable network. In January, Netflix’s president of advertising, Amy Reinhard, shared that Netflix’s ad-tier had more than 23 million users.

Persons: ”, eMarketer, Ross Benes, Wall, Peacock, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, United States

Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.

Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York

New York CNN —Jury selection in Donald Trump’s hush money business fraud case began Thursday looking like the task of finding 12 jurors had run aground. Juror 11 was seated on the jury after Merchan denied Trump’s challenge to the juror for cause. Trump’s lawyers argued she should be dismissed because she said she does not like Trump’s “persona.”“I don’t like his persona,” she said. The district attorney’s office refused. Trump’s attorneys and the district attorney’s office also will get additional peremptory challenges for the alternate jurors.

Persons: Donald Trump’s, Juan Merchan’s, It’s, won’t, topsy turvy, Trump, Merchan, ”, “, “ It’s, Trump’s, it’s, Susan Necheles, she’d, Michael Cohen, he’s, Todd Blanche, Josh Steinglass, “ We’re, ” Merchan, Blanche, “ They’re, what’s, Sandoval, they’ll, Jean Carroll, that’s Organizations: New, New York CNN, Trump, CNN, Twitter Locations: New York, Manhattan, New Yorker

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