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☆ Cristiano Ronaldo tops Forbes’ list of the world’s highest-paid athletes
▼ + stars: | 2024-05-17 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Cristiano Ronaldo may be in the twilight of his career, but the soccer star still tops Forbes’ list of the world’s highest-paid athletes thanks to his huge wages in Saudi Arabia. According to Forbes’ list, which was released on Thursday, Ronaldo earned $260 million over the last 12 months, $200 million from his club contract with Al-Nassr and $60 million in off-field earnings. Rahm’s total earnings are $218 million, Forbes calculated – $198 million through playing wages alone – while Messi’s are $135 million, more than half of which ($70 million) are off-the-field payments. Ronaldo, one of four Saudi-based soccer players on the list of the 50 highest-paid athletes, made his debut for Al-Nassr in January 2023. Forbes’ 10 highest-paid athletes in 2024:

Persons: CNN — Cristiano Ronaldo, Forbes, Ronaldo, Jon Rahm, LIV, Lionel Messi, Nassr, Neville Hopwood, LeBron James, Giannis Antetokounmpo, Steph Curry, Karim Benzema –, Mbappé, Lamar Jackson, Serena Williams, Maria Sharapova, Li Na, Naomi Osaka Organizations: CNN, Forbes, Al, Inter Miami, Saudi Pro League, Neymar, –, Baltimore Ravens, NFL, Forbes ’ Locations: Saudi Arabia, Saudi, Hilal

☆ Harrison Butker speech: The biggest mistake he made in his controversial commencement comments
▼ + stars: | 2024-05-16 | by ( Aj Willingham | ) edition.cnn.com time to read: +10 min

CNN —The NFL is distancing itself from controversial comments by Kansas City Chiefs kicker Harrison Butker during a recent commencement address. However, plenty of women (and Taylor Swift fans) have made their feelings plainly known. Harrison Butker of the Kansas City Chiefs speaks to the media ahead of Super Bowl LVIII on February 5, 2024, in Las Vegas. Conservative voices have praised Butker’s speech for being “100% correct” and for reflecting his self-professed deep Catholic faith. Feminists and Taylor Swift fans have fired backButker, 28, has been with the Chiefs for seven seasons.

Persons: Harrison Butker, Butker, –, Taylor Swift, “ Harrison Butker, ”, Jonathan Beane, “, —, ” Butker, Isabelle, Robin Alam, Sam McDowell, Swift, Travis Kelce, Taylor, ’ ” Butker, Travis, ” Taylor Swift, Ezra Shaw, Harrison, I’ll, influencers, Elizabeth Keller Butker, Emory University’s, Vicki Chan, Kelce, Roger Goodell, Lisa Guerrero, • Butker, Joe Biden, Andrea Williams, Patrick Mahomes, “ Harrison Butker doesn’t, doesn’t, Yvette Walker, CNN’s Kevin Dotson Organizations: CNN, Kansas City Chiefs, Pride, Benedictine College, NFL, Chiefs, Super Bowl, Kansas City Star, Conservative, San Francisco 49ers, Getty, Emory, Emory University’s Winship Cancer Institute, Smith College, Football, Catholic, America Locations: Atchison , Kansas, Las Vegas, Atlanta, Massachusetts

☆ Stock market today: Indexes slip after Dow crosses 40,000 for the first time
▼ + stars: | 2024-05-16 | by ( Max Adams | ) www.businessinsider.com time to read: +2 min

Stocks turned lower and closed in the red on Thursday after the Dow briefly crossing 40,000 for the first time. The S&P 500 failed to extend its gains after closing at a record high on Wednesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Dow failed to close above the key threshold, and the S&P 500 struggled to consolidate gains after hitting a record close on Wednesday. AdvertisementBroadly, the Fed speakers on Thursday painted a picture of a central bank in no hurry to pivot as inflation remains above its 2% target.

Persons: Stocks, —, Dow, Tom Barkin, John Williams, Barkin Organizations: Dow, Service, Dow Jones, Federal Reserve, Richmond Fed, York Fed, Reuters, CNBC Locations: Here's

☆ Dow crosses 40,000 for the first time
▼ + stars: | 2024-05-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —The Dow broke past the 40,000 threshold Thursday morning for the first time ever, fueled by an encouraging inflation report. It also highlights a notable contrast between sentiment on Wall Street and Main Street. Dow 100: The Dow first closed in triple digits in January 1906. The Dow nearly matched that in 2017, rising 25%. Dow 30,000: Nov. 24, 2020: Covid sent the stock market plunging in the spring of 2020.

Persons: Dow, stoking, ”, Gary Pzegeo, John Williams, Tom Barkin, ” Tyler Schipper, Thomas, Hogan, Teddy Roosevelt, Richard Nixon, Trump, Covid Organizations: New, New York CNN, Markets, Federal Reserve, Bureau of Labor Statistics, CIBC Private Wealth, ”, Walmart, Airlines, Big Tech, York Fed, Reuters, Richmond Fed, Dow, University of Michigan, CNN, CPI, University of St, Riley Financial, Wall, Microsoft, Chevron, Traders, New York Stock Exchange, Getty, Federal, Woolworth, Eastman Kodak Locations: New York, United States, Minnesota, Chevron —, AFP

☆ Why Under Armour's stock is tumbling
▼ + stars: | 2024-05-16 | 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 EmailWhy Under Armour's stock is tumblingSam Poser, Williams Trading analyst, joins ‘Squawk Box’ to discuss Under Armour as the company's stock took a hit after issuing lower-than-expected full-year earnings guidance, why the company hasn't been able to break out despite having big names like Tom Brady and Stephen Curry associated with it, and more.

Persons: Sam Poser, Armour, hasn't, Tom Brady, Stephen Curry Organizations: Williams Trading

Learn moreEven when I lived in a tiny city apartment with a galley kitchen, I wasn't willing to forgo having a stand mixer. KitchenAid Artisan Mini 3.5-Quart Tilt-Head Stand Mixer The smallest of the best KitchenAid stand mixers, this model is the perfect size and strength for occasional bakers, new cooks, and those with petite kitchens. I was trying to knead a stiff dough for hand-pulled noodles and left the stand mixer running on high for about 10 minutes, rendering my stand mixer unusable. The KitchenAid Mini is roomy enough for most baking tasks, but petite enough to fit in a cabinet for storage. As mentioned before (and in our guides to the best KitchenAid and best stand mixer), the Mini is the smallest KitchenAid model, but it's actually not the cheapest.

Persons: KitchenAid, Lauren Savoie, it's, I've, I'd, You'll, It's Organizations: Business, Shop Locations: Kansas, New York City

☆ Two former MIT students charged with stealing $25 million of crypto in 12 seconds
▼ + stars: | 2024-05-16 | by ( ) edition.cnn.com time to read: +2 min

Authorities said they executed their elaborate heist in April 2023, stealing $25 million from traders in just 12 seconds by fraudulently gaining access to pending transactions and altering the movement of cryptocurrency. “As we allege, the defendants’ scheme calls the very integrity of the blockchain into question,” U.S. Attorney Damian Williams said. An indictment charged them with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Anton Peraire-Bueno was arrested in Boston, while James Peraire-Bueno was arrested in New York. Prosecutors said that after carrying out the heist, the brothers rejected requests to return the funds and instead took steps to launder and hide the stolen cryptocurrency.

Persons: Anton Peraire, James Peraire, ”, Damian Williams, Bueno Organizations: CNN, Massachusetts Institute of Technology, Authorities, MIT, Prosecutors Locations: Manhattan, U.S, Boston, New York, Cambridge , Massachusetts

☆ Stock market today: Dow crosses 40,000 for the first time as stocks extend record-setting run
▼ + stars: | 2024-05-16 | by ( Max Adams | ) www.businessinsider.com time to read: +2 min

The Dow Jones Industrial Average surpassed 40,000 for the first time ever Thursday. Stocks are on a record-setting run after a soft April inflation reading, with the S&P 500 extending gains after a record close on Wednesday. AdvertisementThe Dow Jones Industrial Average surpassed 40,000 for the first time ever on Thursday, with stocks extending gains following Wednesday's cooler inflation reading for April. Advertisement"The overall trend looks reasonably good," Williams said regarding inflation during an interview with Reuters. AdvertisementHere's where US indexes stood at 11:00 a.m. on Thursday:Here's what else is going on today:AdvertisementIn commodities, bonds, and crypto:

Persons: Stocks, —, John Lynch, Dow, Tom Barkin, Patrick Harker, Loretta Mester, Raphael Bostic, John Williams, Williams, Chris Zaccarelli Organizations: Dow Jones Industrial, Service, Federal Reserve, Comerica Wealth Management, Reuters, Labor Department, GameStop, AMC, Here's

☆ DOJ charges brothers with $25 million Ethereum heist that took 12 seconds
▼ + stars: | 2024-05-15 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: 1 min

The Department of Justice on Wednesday announced the indictment of two brothers for allegedly stealing $25 million in cryptocurrency within roughly 12 seconds. DOJ called it a "first-of-its kind" fraud, detailing the seconds-long scheme where the brothers allegedly manipulated the Ethereum blockchain to redirect pending transactions and steal $25 million. "As we allege, the defendants' scheme calls the very integrity of the blockchain into question," said U.S. Attorney Damian Williams for the Southern District of New York in a statement. Anton Peraire-Bueno, 24, and James Pepaire-Bueno, 28, were arrested on Tuesday for charges of wire fraud and money laundering. The Pepaire-Bueno brothers studied math and computer science "at one of the most prestigious universities in the country," according to the DOJ.

Persons: Damian Williams, Anton Peraire, James Pepaire, Bueno Organizations: Justice, Wednesday, DOJ, Southern, of Locations: cryptocurrency, of New York

☆ 2 brothers were just charged by the Justice Department over a $25 million crypto heist that took 12 seconds
▼ + stars: | 2024-05-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Two brothers were arrested and charged with pulling off a $25 million crypto heist in seconds. The DOJ said the Peraire-Bueno brothers tampered with the ethereum blockchain and funneled money to private accounts. AdvertisementTwo brothers were arrested and charged with a major crypto heist, the Department of Justice said on Wednesday. The pair stole around $25 million worth of crypto in a heist that took about 12 seconds. The Peraire-Bueno brothers were arrested on Tuesday and are set to appear in two separate courts Wednesday afternoon.

Persons: Bueno, —, Anton Peraire, James Peraire, Damian Williams, they've Organizations: DOJ, Service, Department of Justice, New, IRS, Southern, Justice Department Locations: Boston, New York

Of course, Bruno Mars also has a few other concerts planned outside the Las Vegas residency dates for his 2024 tour. We've got you covered if you're looking for how to get tickets to Bruno Mars' 2024 Las Vegas residency concerts and additional tour dates. Bruno Mars 2024 tour scheduleFollowing a nearly four-month hiatus, Bruno Mars' Las Vegas residency returns on June 7, 2024. Date City Vivid Seats prices StubHub prices Time June 7, 2024 Las Vegas, NV $352 $340 9 p.m. June 8, 2024 Las Vegas, NV $353 $370 9 p.m. June 12, 2024 Las Vegas, NV $334 $331 9 p.m. June 14, 2024 Las Vegas, NV $377 $411 9 p.m. June 15, 2024 Las Vegas, NV $393 $392 9 p.m. August 15, 2024 Inglewood, CA $245 $249 8 p.m. August 16, 2024 Inglewood, CA $234 $241 8 p.m. August 20, 2024 Las Vegas, NV $309 $323 9 p.m. August 23, 2024 Las Vegas, NV $281 $287 9 p.m. August 24, 2024 Las Vegas, NV $331 $339 9 p.m. August 27, 2024 Las Vegas, NV $226 $233 9 p.m. August 28, 2024 Las Vegas, NV $231 $247 9 p.m. August 31, 2024 Las Vegas, NV $339 $348 9 p.m. September 1, 2024 Las Vegas, NV $319 $333 9 p.m. How to buy tickets for Bruno Mars' 2024 concert tourYou can buy original tickets for Bruno Mars' 2024 concert tour on Ticketmaster.

Persons: Bruno Mars, He's, We've, StubHub, Anderson, Paak, Camila Cabello Organizations: Business, Las, MGM, Dolby, Vegas, Ticketmaster, Mars Locations: Las Vegas, Los Angeles , CA, Vegas, Inglewood, CA, Los Angeles, Dua Lipa, Brazil, Rio de Janeiro, Sao Paulo, Brasilia

☆ Royal Mail owner IDS set to agree $4.4 bln Kretinsky takeover bid
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

IDS owns UK's Royal Mail, which is loss making, and international parcels network GLS. Royal Mail was privatised in 2013 in one of Britain's biggest state sell-offs in decades. It is expected the commitment to offer these contractual undertakings to the British government would be reflected in the cooperation agreement between the parties if a firm offer is made, it added. EP Group now has until May 29 to make a formal offer or walk away. EP is a 100% shareholder in VESA Equity investment which owns Kretinsky's IDS stake of nearly 28%.

Persons: Daniel Kretinsky, Keith Williams Organizations: International, Services, IDS, Royal Mail, UK's, Royal, National Security and Investment, Reuters, Equity Locations: Czech, London, Britain, British

☆ Netflix and the N.F.L. Sign a Three-Season Deal
▼ + stars: | 2024-05-15 | by ( Nicole Sperling | ) www.nytimes.com time to read: +1 min

On Wednesday, the streaming giant announced a three-season deal with the National Football League that will include showing two Christmas Day games on its service this year. It’s the first time Netflix has become partners with a major sports league, and it likely won’t be the last. The move follows Netflix’s increasingly aggressive push into the business of live events. “There are no live annual events, sports or otherwise, that compare with the audiences N.F.L. football attracts.”The streaming business has matured in the United States, and though Netflix is the dominant service, it still needs to keep growing.

Persons: Tom Brady ”, John Mulaney, Katt Williams, Foke ”, “, Bela Bejaria Organizations: Netflix, National Football League Locations: Los Angeles, United States, America

☆ Biden issues a challenge to Trump as he withdraws from traditional debate dates
▼ + stars: | 2024-05-15 | by ( Betsy Klein | Michael Williams | ) edition.cnn.com time to read: +2 min

In the letter, the campaign proposed debate dates in June and September. CNN has reached out to the Trump campaign and the committee for comment. In recent public appearances, Trump has seemed eager to debate Biden – he set up an empty lectern at a campaign rally in Wisconsin early last month in a taunt to Biden. The Commission on Presidential Debates announced dates for three presidential debates last November. The campaign also proposed that a vice presidential debate take place in late July after the Republican Party nominates its candidate for that position.

Persons: Joe Biden’s, Donald Trump, Biden, “ Donald Trump, ” Biden, I’ll, Donald –, Biden’s, Trump, Biden –, “, Joe, ” Trump, Jen O’Malley Dillon, ” Organizations: Washington CNN, CNN, Presidential, Republican Party Locations: Wisconsin, Green Bay, Texas, Virginia, Utah

☆ Helium leak delays Boeing’s historic Starliner mission at least another week
▼ + stars: | 2024-05-14 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

CNN —The world will have to wait at least another week before the highly anticipated first crewed mission of Boeing’s Starliner spacecraft. Starliner teams traced the leak to a flange on a single reaction control system thruster, where helium is used to allow the thrusters to fire. Both Boeing and NASA are developing tests and solutions for the leak, the release said. Meanwhile, Boeing’s rival under NASA’s commercial crew program — SpaceX — has become the go-to transportation provider for the space agency’s astronauts. The valve has since been replaced, but the new issue with the helium leak on the Boeing spacecraft that sits atop the rocket is causing further delay.

Persons: Suni Williams, Butch Wilmore, Williams, Wilmore, NASA’s, Bill Nelson, —, ”, SpaceX — Organizations: CNN, Boeing, NASA, NASA’s Kennedy Space Center, International Space, Mercury, Gemini, Apollo, SpaceX, United Launch Alliance, V, Atlas V Locations: Houston, Florida, United States

☆ John Cleese is a Miu Miu man
▼ + stars: | 2024-05-14 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —A black crewneck, mid-wash jeans, white blazer and a distressed denim Miu Miu cap. Or is the senior a dedicated Miu Miu man? John Cleese's denim Miu Miu cap retails for $550. Originally billed as the spry, sometimes juvenile sibling to grown-up Prada, Miu Miu has not so much rebranded as redefined its vision of youth. Kristen Scott Thomas walked the runway for Miu Miu in September.

Persons: Miu, Sydney Sweeney, Emma Chamberlain — it’s, octogenarian John Cleese, Cleese —, Monty Python, “, —, Miu Miu, Cleese, Camilla Cleese, Robin Williams, Jean Paul, Gaultier, Issey Miyake, Alexander McQueen, John, Prada, spry, ‘, ’, Miuccia Prada, Kristen Scott Thomas, Emma Chamberlain, Ayo Edebiri, Emma Corrin, Qiu Huilan —, Chris Evans, Michael Palin, Terry Gilliam, ”, Evans Organizations: CNN, Paris Fashion, Virgin Radio Locations: British, Paris

☆ Daniel Kramer, Who Photographed Bob Dylan’s Rise, Dies at 91
▼ + stars: | 2024-05-14 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

Daniel Kramer, a photojournalist who captured Bob Dylan’s era-tilting transformation from acoustic guitar-strumming folky to electric prince of rock in the mid-1960s, and who shot the covers for his landmark albums “Bringing It All Back Home” and “Highway 61 Revisited,” died on April 29 in Melville, N.Y., on Long Island. His death, in a nursing home, was confirmed by his nephew Brian Bereck. Rolling Stone magazine once described Mr. Kramer as “the photographer most closely associated with Bob Dylan.” But that designation seemed highly improbable at the outset. Although Mr. Dylan had already begun his rise to global fame — he released his third album, “The Times They Are a-Changin’,” in early 1964 — Mr. Kramer knew little about him. That changed in February 1964, when he watched the 22-year-old Mr. Dylan perform his rueful ballad “The Lonesome Death of Hattie Carroll” on “The Steve Allen Show.” The song details a real event in which a Black woman died after being struck with a cane by a wealthy white man at a white-tie Baltimore party.

Persons: Daniel Kramer, Bob Dylan’s, ”, Brian Bereck, Kramer, Bob Dylan, Dylan, —, Mr, Hattie Carroll ”, Steve Allen Organizations: Stone, Baltimore Locations: “, Melville , N.Y, Long, ”

☆ Can MLB save the starting pitcher? The search for solutions to baseball’s ‘existential crisis’
▼ + stars: | 2024-05-14 | by ( Jayson Stark | Ken Rosenthal | ) www.nytimes.com time to read: +20 min

Ten active major-league starting pitchers have won a Cy Young Award — and nine of them have spent time on the injured list in 2024. The issue is not only the health of the modern starting pitcher, but the role those starters play in the sport these days. “You’ve got to get the starting pitcher back. But has the starting pitcher crisis risen to that level? If you’re a dominating starting pitcher in this era, it probably means you throw harder than the average pitcher.

Persons: Tom Seaver, Steve Carlton, Sandy Koufax, Bob Gibson, Pedro Martinez, Randy Johnson, ’, Cy Young, Baltimore’s Corbin Burnes, Yu Darvish, Justin Steele, ”, Max Scherzer, “ You’ve, Patrick Mahomes, isn’t, that’s, weren’t, here’s, It’s, they’d, you’re, they’re, David Ortiz, Scherzer, Justin Verlander, Adam Wainwright, they’ve, “, North America aren’t, I’ve, you’ve, ” Scherzer, Corbin Burnes, Patrick Smith, Rob Manfred, we’re, “ You’re, wouldn’t, it’s, “ that’s, He’s, Manfred, Eamonn Dalton, Conrad Williams , Jr, Matthew Grimes Jr Organizations: Cy, Wrigley, San Diego Padres, Chicago Cubs, Cubs, Padres, Major League Baseball, Texas Rangers, NFL, Athletic, MLB, American League, of Fame, didn’t, Atlantic League, Red Sox, National League, North America, Orioles, Newsday, Getty Images, Atlanta Braves, Getty

☆ 2024 WNBA season: How to watch as a new era of women’s basketball dawns
▼ + stars: | 2024-05-14 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

CNN —Never before has there been such anticipation ahead of a WNBA season. It’ll be a busy opening day of action, with four games on the slate – including Caitlin Clark’s Indiana Fever debut at 7.30 p.m. 1 pick in April’s 2024 WNBA draft. But now Clark will lace up her shoes for her WNBA debut when she and her Indiana teammates travel to Connecticut to face the Sun. Angel Reese will look to impress in her debut season for the Chicago Sky.

Persons: Caitlin Clark’s Indiana, Clark, TickPick, Caleb Williams, ” Clark, “, Gregory Shamus, Lin Dunn, Los Angeles Sparks –, –, Cameron Brink, Rickea Jackson, Sparks, Jackson, Angel Reese, Melissa Tamez, Kamilla Cardoso, Reese, Cardoso, A’ja Wilson, Kelsey Plum, Alysha Clark, Candance Parker, Sabrina Ionescu, Breanna Stewart, Courtney Vandersloot, Jonquel Jones, Sandy Brondello, Alyssa Thomas, DeWanna Bonner, Leila Lacan Organizations: CNN, WNBA, Washington Mystics, New York Liberty, Entertainment, Sports Arena, Mystics, Liberty, ESPN3, ESPN, Amazon Prime, ION, NBA, ABC, CBS Sports Network, CBS, Paramount, NCAA, Iowa Hawkeyes, Chicago Bears, Sun, Mohegan Sun, Aliyah, Los Angeles Sparks, Los, Chicago Sky, LSU, Aces, Las Vegas Aces, Las, Barclays Center . The Liberty, Vegas, Connecticut Sun Locations: Washington , DC, Indiana, Connecticut, Aliyah Boston, Boston, Clark, Boston , Indiana, Brink, Los Angeles, Chicago, Illinois, South Carolina, Las Vegas, New York, Angers, France

Learn moreCountry star Morgan Wallen is continuing his tour throughout 2024, and tickets to his upcoming concert dates are getting snatched up quickly. We've got you covered if you're looking for ways to buy tickets to Morgan Wallen's 2024 concert tour. Morgan Wallen 2024 tour scheduleMorgan Wallen has 28 concert dates still remaining on his 2024 world tour. Compared to similar acts currently touring, Morgan Wallen tickets are relatively expensive. Of course, ticket prices for Morgan Wallen's 2024 tour vary depending on date, location, and demand for each show.

Persons: Morgan Wallen, Morgan, Morgan Wallen's, Post Malone, We've, Wallen, Bailey Zimmerman, Jelly Roll, Jon Pardi, Lainey Wilson, Parker McCollum, Nate Smith, Bryan Martin, Lauren Watkins, Larry Fleet, Koe Wetzel, Ella Langley, Ireland Ella Langley, Koe, Arlington , TX Parker McCollum Organizations: Business, Panama City Beach, SC, Ticketmaster, Glasgow, Gulf, Vivid, Fleet, Koe Wetzel, East Rutherford , NJ Morgan Locations: North America, Europe, Dublin, Ireland, East Rutherford, NJ, Ridgedale, Panama City, Virginia Beach, Myrtle Beach, Minneapolis, Denver, London, England, Tampa, Charlotte, NC, Arlington, TX, Kansas City, Vegas, Stockholm, Sweden, Oslo, Norway, Copenhagen, Denmark, Amsterdam, Netherlands, Glasgow, Scotland, Charlotte , NC, Ridgedale ,, Gulf Coast, Minneapolis ,, Kansas City ,, Las Vegas, Arlington , TX, East Rutherford , NJ, Virginia Beach ,, Arlington ,, East Rutherford ,, New Zealand, Australia, Canada

☆ AI hype is lifting these dividend payers. These names may actually benefit, Wells Fargo says
▼ + stars: | 2024-05-13 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

The growth of AI data centers could drive as much as 323 terawatt hours of electricity demand in the U.S. by 2030, according to Wells Fargo. That's where natural gas enters the picture, as tech companies look for power that can back up their use of renewable energy sources. "And that doesn't include the anticipated substantial increase in gas demand from power associated with AI and data centers," she added. Williams is rated a hold by about 56% of the analysts covering the stock, per LSEG, including Wells Fargo. TC Energy is another name that Wells Fargo highlighted as a beneficiary from the data center trend.

Persons: Kinder Morgan, Kimberly Dang, Michael Blum, Williams Cos, Blum, Williams, Wells, Stanley Chapman, Chapman Organizations: Wells, TC Energy, Canadian Locations: Wells Fargo, U.S, That's, Mexico, Wells, Virginia

☆ Jury selection begins in bribery case against Sen. Bob Menendez in New York
▼ + stars: | 2024-05-13 | by ( Jonathan Dienst | Dareh Gregorian | ) www.cnbc.com time to read: +4 min

Jury selection begins Monday in the federal criminal trial of U.S. Sen. Bob Menendez, D-N.J., who is charged with accepting "hundreds of thousands of dollars" in bribes — including some in gold bars — in return for official acts. It also alleges the couple received "gold bars, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle and other items of value," such as jewelry and exercise equipment. The other two, Fred Daibes and Wael Hana, have pleaded not guilty and will stand trial alongside Menendez. The indictment noted a search of Menendez's home in 2022 turned up "two one-kilogram gold bars and nine one-ounce gold bars that had serial numbers indicating they had previously been possessed" by Daibes. The federal criminal trial is the second Menendez has faced since he was elected to the Senate in 2006.

Persons: . Sen, Bob Menendez, he's, Nadine Menendez, Damian Williams, Jose Uribe, Fred Daibes, Wael Hana, Menendez, Daibes, Uribe, He's, Donald Trump Organizations: ., Senate Foreign Relations, Prosecutors, Southern, of New York, Government, Democratic, Senate, Democratic Party Locations: New Jersey, Qatar, Egypt, Hana, Cuba, Florida, Paris

☆ One of Tim Cook's top executives could be Apple CEO in a few years. Here are his most likely replacements, report says.
▼ + stars: | 2024-05-13 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

CEO Tim Cook will be staying at Apple for at least three more years, Bloomberg reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cook, who succeeded Apple founder Steve Jobs, helped Apple cross the $3 trillion market cap mark — and may push the company past $4 trillion by 2025. In October, Cook told singer Dua Lipa on her podcast "At Your Service" that he hoped his successor would "come from within Apple." This story is available exclusively to Business Insider subscribers.

Persons: Tim Cook, Cook, execs Jeff Williams, John Ternus, —, Steve Jobs, Dua Lipa Organizations: Apple, Bloomberg, Service, Business Locations: Apple

☆ A 10-foot-wide modern home was built in a Washington, DC driveway. It's listed for $580,000. See inside.
▼ + stars: | 2024-05-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

A 10-foot-wide, one-bedroom home was built in Washington, DC, on what used to be a driveway. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA developer in Washington, DC, had a small canvas — about the width of a driveway — to build a modern home that's on the market for $581,903. Now, there's a 10-foot-wide, one-bedroom home on what used to be a driveway. This story is available exclusively to Business Insider subscribers.

Persons: —, Jennifer Young, Keller Williams Organizations: Service, Keller, Keller Williams Chantilly Ventures, Business Locations: Washington ,

☆ David Sanborn, Saxophonist Who Defied Pigeonholing, Dies at 78
▼ + stars: | 2024-05-13 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

David Sanborn, whose fiery alto saxophone flourishes earned him six Grammy Awards, eight gold albums and a platinum one, and who established himself as a celebrity sideman, lending indelible solos to enduring rock classics like David Bowie’s “Young Americans,” died on Sunday. He died after a long battle with prostate cancer, according to a statement on his social media channels. The statement did not say where Mr. Sanborn died. Drawing from jazz, pop and R&B, Mr. Sanborn was highly prolific, releasing 25 albums over a six-decade career. In contrast, he continued, “Hideaway” had a “stripped-down, funky” quality that showed off his “passionate and distinctive saxophone sound.”

Persons: David Sanborn, David Bowie’s “, ”, Sanborn, “ Hideaway ”, Michael McDonald, Giorgio Moroder, Paul Schrader, Richard Gere, ” Tim Griggs, Hideaway ” Organizations: David Bowie’s “ Young

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