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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

The bipartisan Wisconsin Elections Commission asked the state Supreme Court to decide which maps should be used for any recall or special election that's held before November. At best, they said, any action by the court is premature because the question was not properly before the court. They also noted that no recall election has been ordered yet. The commission has until April 11 to determine whether a recall election should be called. They blamed the confusion over district boundaries on the liberal court majority that overturned the legislative maps and ordered new ones.

Persons: Donald Trump, Robin Vos, Joe Biden's, that's, Vos, it's, Tony Evers don’t, Annette Ziegler, Rebecca Bradley, “, ” Ziegler, Bradley, ” Organizations: Republican, Commission, Wisconsin Supreme, Democratic Gov, Conservative, WEC Locations: MADISON, Wis, Wisconsin, Racine County

☆ Beyond the 'Magnificent 7': Morningstar's top strategist names other stocks to own
▼ + stars: | 2024-02-09 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"The Magnificent Seven stocks generally are starting to run out of steam at this point because their valuations are getting pretty full at this point of time," Morningstar's Chief Markets Strategist David Sekera told CNBC Pro on Feb. 2. However, Sekera thinks things are looking up for small-caps and value stocks — the latter of which he says are trading at an 11% discount relative to Morningstar's fair value and look like a "good area for investors to overweight in U.S. stocks right now." Tech stocks The chief strategist remains bullish on tech, albeit outside of the Magnificent Seven, and named Cognizant Technology Solutions and Snowflake as picks to play the theme. Value in energy The energy sector — one of the laggards of the stock market last year — is also on Sekera's radar. Morningstar gives stocks a rating of between one and five stars, with a top rating indicating that the shares are undervalued.

Persons: David Sekera, Morningstar, Sekera, Russell, —, We're, doesn't, NiSource, Entergy Organizations: Big Tech, Apple, Meta, Microsoft, Nvidia, Tesla, CNBC Pro, Dow, Nasdaq, Tech, Technology Solutions, APA Corp, Morningstar, Exxon, APA, Entergy, WEC Energy Locations: Suriname, United States

Ever since Trump's defeat in Wisconsin in 2020, Republicans have been fighting in court to tighten the rules to limit how many absentee ballots can be accepted. State law requires absentee ballots to be submitted with a witness’ signature and address on the outside envelope that contains the ballot. The local clerks are the ones who run elections and receive the absentee ballots that don’t always have all of the witness address information. Among those he wanted to not count were about 5,500 absentee ballots where clerks filled in missing information on the witness' address. The judge on Tuesday spelled out four ways a witness address could be accepted with some missing information.

Persons: Joe Biden, Donald Trump, Dane County, Ryan Nilsestuen, Nilsestuen, Kevin LeRoy, don’t, “ We’ll, Bellavia, ”, ” “ Organizations: Republican Legislature, Republican, Wisconsin Supreme, WEC, Rise Inc, League of Women Voters of, Legislative Locations: MADISON, Wis, Wisconsin, Waukesha County, Dane County, League of Women Voters of Wisconsin

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ In Practice: WEC Members on Narrowing the Skills Gap
▼ + stars: | 2023-11-20 | by ( Jen Geller | ) www.cnbc.com time to read: 1 min

With the speed of technological innovation, it's often difficult to keep your workforce up to date on the latest necessary skillsets. That can make your company less competitive and even less desirable for top talent. We speak to WEC members on how they successfully narrowed the skills gap at their organizations and actionable ideas that you can take to your business too.

Organizations: WEC

☆ Case Study: Verizon's Data-Driven Succession Planning
▼ + stars: | 2023-11-20 | by ( Morgan Brennan | ) www.cnbc.com time to read: 1 min

To achieve Verizon's business imperatives and deepen bench strength, the telecom giant set out to evolve its approach to executive talent management. Verizon partnered with Censia using their pioneering AI driven, talent intelligence platform to apply an "external lens" and provide insights that informed strategic talent plans and opportunities. Verizon's SVP & Chief Talent & Diversity Officer and WEC member, Christina Schelling, and Censia President of Executive Intelligence, Monica Bua, join us to discuss how over the last 12 months, executing their new data-driven strategy, Verizon has successfully delivered the leadership foundation for competitive advantage and sustained growth.

Persons: Christina Schelling, Monica Bua Organizations: Verizon, Censia, SVP, Chief Talent, Diversity, WEC, Executive Intelligence

☆ Morning Bid: Refunding relief stokes bond-led bounce
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023. But relief in Treasuries, the villain of the piece for several weeks, is probably the most significant marker for the remainder of the year. And there were further soothing noises for world bonds, even if not for global growth, from surprisingly weak Chinese business surveys for October. Overall, the picture pointed to another positive day for Wall Street stocks, with futures marginally positive ahead of the open as the Fed meeting gets underway. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Hubbell, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Bank of, Federal Reserve, U.S . Treasury, Nikkei, Big Oil, BP, Wall, pharma, Pfizer, Caterpillar, General Motors, United Auto Workers, Detroit Three, Dallas Fed, Federal, AMD, Global, Franklin Resources, Equity, GE Healthcare, WEC Energy, Treasury, Reuters, Thomson Locations: New York City, U.S, Bank of Japan, Treasuries, California, Israel, Gaza, Europe, Chicago, Amgen, MSCI, Eaton, Franklin, AMETEK, Echolab

MADISON, Wis. (AP) — A vote by the Republican-controlled Wisconsin Senate last month to fire the state's nonpartisan top elections official had no legal effect, and lawmakers are barred from ousting her while a lawsuit plays out, a Dane County judge ruled on Friday. Administrator Meagan Wolfe will continue serving as head of the Wisconsin Elections Commission pending a decision on whether elections commissioners are legally required to appoint someone for the Senate to confirm, Judge Ann Peacock said. They also asked Peacock to order the elections commission to appoint an administrator for the Senate to vote on. The bipartisan elections commission deadlocked in June on a vote to reappoint Wolfe. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

Persons: Meagan Wolfe, Ann Peacock, Wolfe, Josh Kaul, Peacock, ” Kaul, reappoint Wolfe, Joseph Czarnezki, Joe Biden, Biden, Donald Trump, ” Organizations: Republican, Wisconsin Senate, Senate Republicans, Senate, Democratic, GOP, Republicans, WEC, Associated Press, America Statehouse News Initiative, America Locations: MADISON, Wis, Wisconsin, Dane

☆ Morning Bid: August cools Wall St stocks
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +4 min

China's factory underperformance stood out once again and underlined its struggling recovery - perhaps the main driver of stalling industrial activity everywhere. With markets increasingly impatient at the patchy and underwhelming economic stimulus plans seen from Beijing so far, China stocks fell back (.CSI300), bucking Tuesday's wider Asia stocks rally. Sterling and UK stocks (.FTMC) fell back. Ride-hailing giant Uber's stock rose more than 2% before the bell and ahead of its earnings report. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Mike Dolan, underperformance, Austan Goolsbee, Goolbee, Stanley Black, Decker, Zimmer Biomet, Revvity, Bernadette Baum Organizations: Federal Reserve, U.S ., Chicago Fed, Bank of England, Sterling, AMD, Caterpillar, Big Pharma, Pfizer, Merck, Ride, HSBC, BP, Uber, Prudential Financial, AIG, Starbucks, Molson Coors, Boston Properties, Caesars Entertainment, Illinois Tool, Natural Resources, Energy, Devon Energy, Gartner, Allstate, Paycom Software, Electronic, WEC, Rockwell, Public Service Enterprise, P Global, Dallas Fed, Chicago Federal, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Wall, Beijing, China, Asia, ., Marathon, Eaton, Altria, Marriott, Illinois, Progressive

☆ Third quarter is a key time for extreme weather events. Here's what to expect for exposed stocks
▼ + stars: | 2023-07-04 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

The third quarter is a key time for extreme weather events. An El Niño weather pattern is widely expected for 2023. "Following three years of La Niña, climate scientists expect 2023 to have El Niño conditions with near-100% certainty given current signals," Karp said in a note to clients last month. Insurers are also among the stocks to typically move in relation to extreme weather events. This year should be a fairly typical one for hurricanes, as El Niño is typically linked to a less severe season.

Persons: Nature, —, Sophie Karp, La, Karp, El, bode, Morgan Stanley, Andrei Stadnik, Stadnik, Matthew Carletti doesn't, hasn't, Jefferies, Yaron Kinar, Brown, Arthur J, Gallagher, Aon, Niño, Generac, Aaron Jagdfeld, Bob Huang, bullish, — CNBC's Michael Bloom Organizations: National Oceanic, Atmospheric Administration, Energy, DTE Energy, WEC Energy, CNBC Pro's, WEC, Xcel Energy, Portland General Electric, Edison International, CenterPoint, Southern Company, Duke Energy, Nextera Energy, El, Insurance Australia Group, Suncorp, Arch Capital, Everest Re, Bloomberg, Arch Locations: El, Canada, U.S, Gulf, Pacific Northwest, California, Michigan, Avista, Portland, American, Mexico, CenterPoint Energy, Bermuda, Texas

☆ Perez's seat with Red Bull safe for now says Button
▼ + stars: | 2023-06-20 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

June 20 (Reuters) - Sergio Perez's seat with Red Bull is safe for this Formula One season, former champion Jenson Button said on Tuesday, but if the Mexican's struggles continue he could be looking for another team next year. Horner also said the team was going to stand by Perez and help him through the slump but Red Bull have not always shown patience with under-performing drivers. DRIVERS SHAKE-UPScenarios are starting to emerge about what a possible drivers shake-up at Red Bull might look like. One rumour has Ricciardo, who previously drove for Red Bull from 2014-18, going from a reserve role to a seat with sister outfit AlphaTauri, replacing under-performing Nick de Vries. Such a move would allow Australian Ricciardo to remove some competitive rust and make a seamless transition back into the Red Bull seat if Perez was dumped.

Persons: Sergio Perez's, Red Bull, Jenson Button, Perez, Max Verstappen, Aston Martin's Fernando Alonso, Christian Horner, Horner, Bull, Daniel Ricciardo, I've, Max, he's, Nick de Vries, Button, Vries, Yuki, Tsunoda, Steve Keating, Ken Ferris Organizations: Red Bull, Team, Briton, Red, NASCAR, Le, International Motor Sports Association, IMSA, Thomson Locations: Red, Montreal, Chicago, Toronto

☆ NASCAR Le Mans entry can be springboard for Button and Johnson
▼ + stars: | 2023-05-04 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

LONDON, May 4 (Reuters) - Former Formula One champion Jenson Button wants to drive a Hypercar at Le Mans next year and says he would be up for a full season of the world endurance championship if the right opportunity comes along. The Briton will be taking part in the 24 Hours race at the Sarthe circuit on June 10-11 this year as part of a special NASCAR entry with seven times NASCAR champion Jimmie Johnson and former Le Mans winner Mike Rockenfeller. Johnson, 47, has never been to Le Mans while Button, 43, endured a short-lived debut in 2018 with the Russian-backed SMP team. The World Endurance Championship (WEC) has seven rounds, including Le Mans, while the North American IMSA series has 11 but is nearer to home. "I’m running out of items, especially in a major professional setting," said the Californian, who was never able to race Le Mans previously due to calendar clashes with NASCAR and IndyCars.

If the Fed opts to pause, Treasury yields are expected to decline. Stocks that could gain on falling interest rates Here are the top stocks that are poised to move higher if the Fed signals it will pause rate increases. The gold miner benefits from a rise in gold prices, and in general, gold tends to rise when interest rates fall. Meanwhile, genetics company Illumina should gain if interest rates fall, according to its correlation to the SHY ETF. Stocks poised to gain on rate increases However, if the Fed suggests rate hikes will continue, short-term Treasury yields will likely go up, benefiting these stocks.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Economic optimism at Davos is 'bizarre' and a prolonged downturn is more likely, says Cloudflare CEO
▼ + stars: | 2023-01-20 | by ( Britney Nguyen | Cadie Thompson | ) www.businessinsider.com time to read: +3 min

Cloudflare's CEO called the "tenor of optimism" for the economy at the World Economic Forum "bizarre." Matthew Prince told Insider a prolonged downturn is likely, in an interview at Davos. Of the 22 chief economists surveyed by the WEF, around two-thirds think a global recession is likely this year, and 18% think it is "extremely likely." Some respondents to the WEC's economic outlook survey think some of these issues could become less threatening throughout the year. Two-thirds of survey respondents think the cost-of-living crisis could be less severe at the end of the year, while close to the same amount of survey respondents think the energy crisis in Europe will also improve by 2023's end.

☆ WEC Summit | How I Expanded My Reach?
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEC Summit | How I Expanded My Reach? WEC Member Rhonda Morris, Vice President and Chief Human Resources Officer for Chevron Corporation shares her experience with expanding her reach. 03:05 6 minutes ago

☆ WEC Summit | How I Wrote a Book?
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEC Summit | How I Wrote a Book? WEC Member Celeste Warren, Merck Vice President, Global Diversity and Inclusion Center of Excellence shares her journey to writing her book, "How to Be a Diversity and Inclusion Ambassador: Everyone's Role in Helping All Feel Accepted, Engaged, and Valued." 03:03 2 minutes ago

Amin H. Nasser, president and CEO of Saudi Arabian Oil Company, Saudi Aramco, is seen at the 24th World Energy Congress (WEC) in Abu Dhabi, United Arab Emirates September 10, 2019. Under EU plans announced last week, excessive profits from energy companies would be skimmed off and redistributed to ease the burden on consumers. "The conflict in Ukraine has certainly intensified the effects of the energy crisis, but it is not the root cause," he said. The underinvestment comes at a time when spare capacity is thin and demand is "fairly healthy" despite strong economic headwinds. "When the global economy recovers, we can expect demand to rebound further, eliminating the little spare oil production capacity out there," Nasser said.

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