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☆ Amgen, newer rivals could threaten Novo Nordisk and Eli Lilly's weight loss drug dominance
▼ + stars: | 2024-05-07 | by ( Scott Olson | Getty Images | ) www.cnbc.com time to read: +10 min

Amgen is among the leaders of a pack of drugmakers racing to join the market with their own weight loss treatments. Amgen's drug, MariTide, is taken less frequently than Novo Nordisk's Wegovy and Eli Lilly's Zepbound, and may cause longer-lasting weight loss than the market leaders' injections. Novo Nordisk and Eli Lilly are also working on new weight loss drugs. The competition for a slice of the weight loss market has only grown more fierce in recent months. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.

Persons: NOVO.B, Scott Olson, Eli Lilly, Nordisk's Wegovy, Eli Lilly's Zepbound, Amgen, William Blair, Matt Phipps, Bob Bradley, Boehringer Ingelheim, Phipps, Zepbound, Chris Schott, MariTide, Mario Tama, he's, Eli Lilly drugs, CagriSema, Eli Lilly’s, Brendan McDermid, Boehringer, Ingelheim, survodutide, Pascal Soriot, Christopher Furlong, dealmaking, David Denton Organizations: New, Halstead Pharmacy, Getty, Novo Nordisk, Nordisk's, William Blair & Company, CNBC, Therapeutics, AstraZeneca, Zealand Pharma, MariTide, Reuters, GLP, Pfizer, Eccogene Locations: Chicago , Illinois, Novo, Amgen, Thousand Oaks , California, New York City, U.S, Zealand, Macclesfield

☆ Hamas says it accepts cease-fire proposal from Egyptian, Qatari mediators, as U.S. and Israel review details of plan
▼ + stars: | 2024-05-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Hamas said it told Egyptian and Qatari negotiators that it has approved a cease-fire proposal to halt the war in Gaza. Israel is examining the proposal that Hamas approved and has not confirmed whether it would accept or reject it, an Israeli official told NBC News. Hostage release negotiations intensified over the weekend, with facilitation from U.S. CIA Director William Burns, alongside mediators from Egypt and Qatar. U.S. officials have repeatedly warned Israel against an offensive in Rafah, where millions of civilians have taken refuge. President Joe Biden reiterated that stance on a half-hour Monday call with Israeli Prime Minister Benjamin Netanyahu, which took place before Hamas had announced its approval of a cease-fire proposal.

Persons: Ismail Haniyeh, Ashraf Amra, Daniel Hagari, Matthew Miller, William Burns, Burns, Joe Biden, Benjamin Netanyahu Organizations: Hamas, Anadolu, Egyptian, Qatari, NBC, Israel Defense Forces, Department, NBC News, CIA, Israeli Locations: Palestinian, Sakura, Istanbul, Turkiye, Gaza, Israel, Egypt, Qatar, Arab, Gaza's, Rafah

CNN —Hamas says it has accepted a ceasefire deal proposed by Egypt and Qatar which seeks to halt the seven-month war with Israel in Gaza. It’s unclear whether Hamas has agreed to the most recent ceasefire proposal, as outlined last week, or a revised version of it. Palestinians in Rafah celebrate news that Hamas has accepted a ceasefire proposal, May 6, 2024. More than 1 million Palestinians have fled to Rafah, where Hamas is believed to have regrouped after Israel’s destruction of much of the north of Gaza. IDF operations ongoingAsked whether Hamas’ acceptance of a deal could change Israel’s plans for Rafah, Israel Defense Forces (IDF) spokesperson Daniel Hagari said the military would continue to operate in Gaza.

Persons: Ismail Haniyeh, William Burns, Sheikh Mohammed bin Abdulrahman, Sheikh Mohammed bin Abdulrahman Al Thani, Benjamin Netanyahu’s, Matthew Miller, “, ”, Daniel Hagari, ” Netanyahu, ” Itamar Ben Gvir, Netanyahu, ” Benny Gantz Organizations: CNN, Hamas, CIA, Qatari, Getty, Israel Defense Forces, Families Forum Locations: Egypt, Qatar, Israel, Gaza, Doha, Qatar’s, Sheikh Mohammed bin Abdulrahman Al, United States, Deir al, Gaza City, Rafah, AFP, Orit, Tel Aviv

☆ Fast food chains are getting the message about soaring prices
▼ + stars: | 2024-05-06 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

To win penny-pinching customers back, some say they're planning smaller price increases for the rest of the year. Wendy's CFO Gunther Plosch told investors on Thursday that consumers are "still under pressure" — especially those with household incomes under $75,000. Chains raised prices drastically during the pandemic to offset rising labor and food costs, and it's coming back to bite them. For some restaurant chains, comparable sales even fell. McDonald's would "certainly" be "prudent and thoughtful" about any further price increases in the rest of 2024, Borden said.

Persons: —, Gunther Plosch, Ian Borden, Joshua Kobza, Burger, Popeyes, Burger King, Wendy's, William Blair, Sharon Zackfia, Borden, Katie Fogertey Organizations: Service, Starbucks, KFC, US, Bureau of Labor Statistics Locations: Burger, North America

☆ Trump says Democrats are ‘running a Gestapo administration’ at Republican National Committee’s annual retreat
▼ + stars: | 2024-05-04 | by ( Alayna Treene | ) edition.cnn.com time to read: +3 min

Hundreds of people attended the event, and several attendees gave $40,000 or more, sources familiar with the fundraiser told CNN. Trump also touted efforts to prevent cheating in the upcoming election by RNC chairman Michael Whatley, the attendees told CNN. During the remarks, Trump stated he would need an attorney general with “courage” while simultaneously mocking his former attorney general, William Barr, according to the New York Times. Barr, who has been a fierce critic of Trump since leaving his administration, recently endorsed the former president. Blagojevich told CNN he considers himself a “Trumpocrat,” which he described as a Democrat who supports Trump.

Persons: Donald Trump ramped, ”, Joe Biden’s, Biden, Trump, Jack Smith, Lara Trump, Michael Whatley, William Barr, Barr, Rod Blagojevich, Blagojevich, Ronny Jackson Organizations: CNN, Capitol, Republican National Committee, Billboard, New York Times, Trump, Illinois Gov, Mar, Texas Rep Locations: Nazi Germany, Palm Beach, Lago

☆ Trump’s bombardment of dishonesty: Fact-checking 32 of his false claims to Time
▼ + stars: | 2024-05-04 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

We’re paying for close to 100% of NATO.”Facts First: Trump’s claim is false. They don’t pay their bills.”Facts First: Trump’s claim is false. (It rose to about $314 billion in 2020, Trump’s last full year in office.) Facts First: Trump’s claim is false. Facts First: Trump’s claim that “nobody died other than Ashli” is false.

Persons: Donald Trump, Trump, “, William Barr, Bill Barr, Barr, Bill, I’m, ”, it’s, Biden, Joe Biden, Tamar Hermann, Hermann, Bill Clinton, “ Trump, ” Trump, …, National Guard Trump, I’ve, George Floyd, Tim Walz, Walz, Paul —, –, Erwan, George Washington, “ don’t, they’re, Stoltenberg, Trump’s, Lagadec, Marc Lipsitch, Barack Obama, European Union won’t, Cortellessa, “ Moody’s, Moody’s, Mark Zandi, Zandi, ’ ” Zandi, Joe Biden’s, rioter Ashli Babbitt, Brian Sicknick, Sicknick, Trump’s ‘, patriotically, ‘, patriotically ’, ” Nancy Pelosi, Nancy Pelosi, “ Nancy Pelosi, Pelosi, Christopher Miller, Miller, Eric Cortellessa, Alvin Bragg’s, Bragg, Matthew Colangelo, Colangelo, Alvin Bragg, ” Cortellessa, Hillary Clinton, —, Roe, Wade, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Crime Biden, don’t, “ Biden, he’s, James Biden, Jeff Asher, Asher, It’s, ” “, ” Asher Organizations: Washington CNN, Time, Trump, NATO, Capitol, Trump’s, Trade Center, didn’t, World Trade Center, Department, ISIS, CNN, Democratic, White House, White, South Korea Trump, Pentagon’s Defense Manpower Data, Biden Administration, Congressional Research Service, Israel, Israeli Democracy Institute, National Guard, Minnesota Democratic Gov, Minnesota National Guard, Guard, North Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, for Disease Control, World Bank, Washington Post, Harvard, Harvard’s, National, Trump -, of Health, Human Services, Strategic, Biden, U.S . International Trade Commission, European, Benz, Volkswagen, BMW, European Union, US, European Automobile Manufacturers ’ Association, Bloomberg Economics, US Capitol Police, Capitol Police, “, Republican, Democratic Rep, National Guardsmen, District of Columbia National Guard, Army, Capitol Police Board, Senate, Justice Department, Pulitzer Foundation, Pulitzer, New York Times, Electoral, Democrat, ” Rutgers Law, American University, university’s Health, University of California, ”, Customs, Border Protection, Crime, Manchurian, Republicans, FBI Locations: “, New York City, Saudi, Florida, al Qaeda, New York, Texas, Mexico, South Korea, Trump , South Korea, South, Korea, Israel, Washington, Trump , Minneapolis, Minneapolis, Trump, Minnesota, St, United States, Germany, Brussels, Belgium, Harvard University, China, EU, DC, Trump’s, ”, York, Manhattan, York’s, Russia, That’s

☆ Fast food feels more expensive than ever before, and people are sick of it. Here's why.
▼ + stars: | 2024-05-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Analysts say fast-food prices feel particularly painful because they're rising faster than grocery prices. Fast-food prices have been shooting upRestaurant prices are determined by "two major categories" — food costs and labor costs, Citi analyst Jon Tower told BI. Related storiesFast-food chains put up their menu prices to reflect the higher food costs and payrolls. AdvertisementGrocery inflation is coolingFast food seems particularly expensive right now because grocery inflation is cooling much more rapidly, analysts BI spoke to said. AdvertisementBut the inverse is also true — grocery stores benefit much more than restaurants when food inflation cools.

Persons: —, Jim Sanderson, Jon Tower, Sharon Zackfia, William Blair, Price, Danilo Gargiulo, Bernstein, Gargiulo, they've, Garguilo, Sara Senatore, Chad Frye Organizations: Analysts, Service, Northcoast Research, Citi, US Bureau of Labor Statistics, Bank of America Locations: Russia, Ukraine, California

☆ Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
▼ + stars: | 2024-05-03 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly , lower on Friday. Eli Lilly shares dropped nearly 3%, while Novo Nordisk's U.S.-traded shares fell more than 1%. Still, investors were pleased with Eli Lilly on Tuesday after the company assured them it can overcome ongoing supply constraints for its popular drugs. Eli Lilly hiked its full-year guidance in part due to optimism around increased production of Zepbound, its diabetes injection Mounjaro and similar drugs for the rest of the year. That signals Novo Nordisk is struggling to meet demand for the treatment.

Persons: Amgen, Eli Lilly, Bob Bradway, Bradway, Jay Bradner, autoinjector, Novo Nordisk's Wegovy, Eli Lilly's Zepbound, William Blair, Matt Phipps, Michael Yee, Amgen's Bradway, Karsten Munk Knudsen Organizations: Novo Nordisk, Novo Nordisk's, Jefferies, MariTide, Nordisk Locations: Novo Nordisk's U.S, North Carolina, Indiana, Ireland, Germany, U.S

☆ Here are Friday's biggest analyst calls: Apple, Target, Coinbase, Berkshire Hathaway, Estee Lauder & more
▼ + stars: | 2024-05-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

JPMorgan upgrades Williams-Sonoma to neutral from underweight JPMorgan said in its upgrade of the stock that the home furnishings category is stabilizing. "We are downgrading shares of EXPE to Mkt Perform from OP with a target price of $145 vs. $165 previously." JPMorgan upgrades Joby to neutral from underweight JPMorgan said its bear thesis has largely played out for the aviation company. Guggenheim reiterates Target as buy Guggenheim said investors should buy the dip in shares of Target . Morgan Stanley downgrades Estee Lauder to equal weight from overweight Morgan Stanley said it sees a slower recovery for shares of Estee Lauder .

Persons: Stifel, Wells, Truist, OLLI, Guggenheim, Tim Cook, William Blair, Amgen, Jefferies, We've, Ari sta, it's, Morgan Stanley downgrades Estee Lauder, Morgan Stanley, Estee Lauder, TD Cowen, Parsons, Bernstein, Oppenheimer, CFRA, Berkshire Hathaway Organizations: RBC, FTAI Aviation, Pacific, Union Pacific, JPMorgan, Williams, WSM, BMO, Bank of America, Apple, Kiniksa Pharmaceuticals, JOBY, Guggenheim, Target, Citi, MCW, Arista, PSN, Avidity, ~$ Locations: Sonoma, EXPE, GEICO

☆ Critics have panned Jerry Seinfeld's 'Unfrosted.' One called it 'one of the worst films of the decade.'
▼ + stars: | 2024-05-03 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

One critic described it as "one of the worst films of the decade ." Peter Bradshaw, The Guardian film critic, said the film was "amiable and funny." Richard Roeper, the Chicago Sun Times entertainment columnist, wrote that the film was "one of the worst films of the decade so far." William Bibbiani, a critic for The Wrap, began his review with: "Jerry Seinfeld's new comedy 'Unfrosted' is an impressive film. Tim Robey, The Telegraph film critic, described his viewing experience as "trapped in a writers' room full of stale air."

Persons: Drew Tarver, Mikey Day, Kyle Mooney, Andy Daly, Isaiah Lamb, John P, Johnson, Peter Bradshaw, Richard Roeper, William Bibbiani, Jerry Seinfeld's, It's, it's, Tim Robey Organizations: Netflix, Guardian, Chicago Sun Times, The Telegraph

☆ Analysts bail on Starbucks with 2 downgrades, slashed price targets. 'Stunning across-the-board miss,' says Blair
▼ + stars: | 2024-05-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

But Deutsche kept its $89 price target, which suggests the stock could gain just 0.6%, as of Tuesday's close. Starbucks stock hasn't logged a positive year since 2021. Bank of America's Sara Senatore maintained her buy rating and $108 price target, which implies roughly 22% potential upside — a fairly bullish aim compared with other firms. Underpinning Senatore's stance is her expectation that Starbucks' earnings growth will reaccelerate in 2025, fueled by traffic-driving initiatives, such as more menu innovation and operational improvements. JPMorgan analyst John Ivankoe kept his overweight rating but moved his price target lower to $92 from $100.

Persons: William Blair, Sharon Zackfia, Zackfia, Lauren Silberman, Deutsche, Wells, Bank of America's Sara Senatore, Laxman Narasimhan, John Ivankoe Organizations: Starbucks, Deutsche Bank, JPMorgan, UBS, Bank of America, Bank of America's Locations: Tuesday's, U.S, China, Wells Fargo, Israel

☆ Jim Cramer on 5 stocks: Coca-Cola, McDonald's, 3M, PayPal and Walmart
▼ + stars: | 2024-04-30 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Coca-Cola and PepsiCo are "no longer at war," he said, adding that Coke is looking more domestic and Pepsi more international. Cramer concluded that Coca-Cola is a "very good situation [and] you want to own it." "The good news about McDonald's is they prepped us … you said [Q1] wouldn't be good, it's not good. "He fixed them for the next guy," Cramer said. "It was a CEO [Dan Schulman] situation that was not good," Cramer said.

Persons: Jim Cramer's, Jim Cramer, Cramer, it's, McDonald's, Mike Roman, Roman, William Brown, Dan Schulman, Alex Chriss, He's Organizations: CNBC, Club, Cola, PepsiCo, Pepsi, PayPal, Intuit, Walmart, CVS, Walgreens

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Shopify, Super Micro Computer and more
▼ + stars: | 2024-04-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Evercore ISI reiterates Tesla as in line Evercore ISI lowered its price target on Tesla to $145 per share from $155. Barclays upgrades AT & T to overweight from equal weight Barclays sees "growth quality" for the telecommunications and wireless provider. Barclays downgrades Lululemon to equal weight from overweight Barclays downgraded the maker of athleisure wear due to rising competition. "We initiate coverage of Dave Inc. with a Market Outperform rating and $70 price target representing ~65% upside from the current price." "We are upgrading GWW from EW to OW, while raising our price target from $1,000 to $1,250."

Persons: Evercore, Tesla, Jefferies, LUV, Lululemon, LULU, Dave, Oppenheimer, Instacart, Bernstein, Goldman Sachs, William Blair, Eastman, Morgan Stanley, Berenberg, Melius, Price, Stephens, Grainger Organizations: Airlines, Jefferies, Southwest Airlines, Dynamics, Barclays, Dave Inc, JPMorgan, CART, Apple, Eastman Chemical, Arista Networks, Nvidia, Data, Citi Locations: Americas, China, Tulsa , Oklahoma, Kingsport , Tennessee

☆ Biden is up against nostalgia for Trump’s first term
▼ + stars: | 2024-04-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

More than half, 55%, of all Americans say they see Trump’s presidency as a success, while 44% see it as a failure. Four years ago, he was able to assail Trump’s time in office from his position as a challenger. Biden won all three in 2020 after Trump won them in 2016 in his victory over Democratic nominee Hillary Clinton. In the poll, 92% of Republicans view Trump’s time in office a success, while just 73% of Democrats say Biden’s has been a success. And while 85% of Democrats polled say they back Biden, 91% of Republicans say they support Trump.

Persons: Joe Biden, Donald Trump, he’s, William Barr, Trump, CNN he’d, Ron DeSantis, Biden, Robert F, Kennedy Jr, ”, Israel, Mike Johnson, Benjamin Netanyahu, underscoring, Hillary Clinton, South Carolina Republican Sen, Lindsey Graham, CNN’s Dana, Nikki Haley, Biden’s, CNN’s Kristen Holmes, Kit Maher, CNN’s Kaitlan Collins, Trump . Barr, Trump’s, Chris Sununu, Haley, —, Georgia —, ” Biden, He’s, Colin Jost, “, ” Jost, Washington Hilton Organizations: CNN, GOP, Republican Party, Florida Gov, Trump’s, Democratic, Columbia University, National Guard, Israel, DeSantis, CBS, Biden, Trump, Trump ., South Carolina Republican, South Carolina Gov, New, New Hampshire Gov, “, White, Republican, Washington Locations: New York, Gaza, Manhattan, Rafah, Michigan , Pennsylvania, Wisconsin, “ State, New Hampshire, Georgia, Ukraine, Russia, Israel, American

☆ Don't feel too bad for Joe Alywn. He's likely making millions from cowriting 6 Taylor Swift songs.
▼ + stars: | 2024-04-22 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

The album follows Swift's breakup with British actor Joe Alwyn, her longtime muse and collaborator. Alwyn likely earned millions from the six songs he cowrote with Swift. It's the first set of new music since Swift's breakup with British actor Joe Alwyn was confirmed in April 2023. But if some of the songs expose details about their relationship, you shouldn't feel too bad for Alwyn. He has likely earned millions from Swift's songs already, according to multiple reports.

Persons: Taylor, Joe Alwyn, Alwyn, Swift, —, It's, Beth Garrabrant, Swift's, William Bowery, Betty, Taylor Swift, Los Angeles , California Kevin Mazur, Don Arnold, TAS24, William Bowery's, Joe, he's, Bon Ivor, Kelly Clarkson, William Organizations: Poets Department, Service, Los Angeles Convention Center, The Recording, Spotify, Bloomberg, Disney Locations: Coney, Los Angeles , California, Sydney, New York

☆ A top-10% fund manager over the last 10 years outlines the growth strategy that's helped him consistently crush his peers — and shares 4 of the best investments to make now
▼ + stars: | 2024-04-21 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Like many others, fund manager Jim Golan has made a fortune from mega-cap growth stocks. For the last 19 years, Golan has logged consistently solid returns as manager of the $2.2 billion William Blair Large Cap Growth Fund (LCGNX). Large, high-quality growth stocks have been in vogue since the early 2010s, though that doesn't explain why Golan's fund has excelled versus its peers. How to invest in large growth stocks — and 4 top picksTo impress Golan, stocks must have scale or other structural advantages that lead to success over his three- to five-year investing horizon. Below are four companies the leading fund manager is especially bullish about, along with the ticker, market capitalization, sector, and thesis for each.

Persons: Jim Golan, Golan, William Blair Large, David Ricci, Morningstar, —, Golan isn't Organizations: Growth, Business, Microsoft, Nvidia

☆ Ukraine's facing a perfect storm of problems, and a vote in Congress could make or break its war with Russia
▼ + stars: | 2024-04-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +14 min

The House is expected to soon vote on a long-awaited aid package including support for Ukraine and Israel. If the stalled aid package is approved, it remains to seen how the rollout of aid will go. Wojciech Grzedzinski/Anadolu via Getty ImagesWhile US lawmakers have spent months debating Ukraine aid, Russia has been given a golden opportunity. As the Russian war machine fires up, the army is putting pressure on Ukraine's defenses, seeing where it can potentially break through and seize territory. AdvertisementJohnson's planned foreign aid package comes in at a similar cost and includes about $61 billion for Ukraine.

Persons: —, Frederick Kagan, Kostiantyn, It's, Kagan, GENYA SAVILOV, Volodymyr Zelenskyy, Ukraine's, Mick Ryan, 2S3, Wojciech Grzedzinski, it's, Franz, Stefan Gady, Gady, Ryan, Mike Johnson, Republican opposers, Johnson, Johnson's, Scott Peterson, Jose Colon, William Burns, Zelenskyy, Vladimir Putin, Lev Radin Organizations: Service, Washington DC, American Enterprise Institute, Business, Armed Forces, Getty Images, Australian Army, Ukrainian 63rd Brigade, Getty, International Institute for Strategic Studies, Russian, Ukraine, NATO, Archer Artillery, Roman, Republican, Democrats, Republicans, Pentagon, Anadolu, CIA, Russia, UNITED STATES, Pacific Press, Ukrainian Locations: Ukraine, Israel, Russia, Washington, Chernigiv, AFP, Getty Images Ukraine, Russian, Lyman, Donetsk Oblast, Anadolu, Europe, Taiwan, Ukrainian, Kharkiv, Izyum, China, North Korea, Poland, American

☆ Procter & Gamble's strategic pricing shift should accelerate business growth this year
▼ + stars: | 2024-04-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Those are key items to watch out for Friday morning when P & G reports its fiscal 2024 third-quarter earnings. Shares of P & G hit a multiyear high of $163 on March 28 — less than $2 per share below all-time highs reached in late April 2022. Traditionally for Procter, pricing has contributed low single digits to its earnings growth. In P & G's fiscal second quarter , pricing contributed 4% to sales growth, but volumes were down on a companywide basis. He expects to see a healthy organic growth rate consistent with the 4% organic growth reported in the second quarter.

Persons: Jeff Marks, Jim Cramer, Nik Modi, Modi, Procter, Jon Anderson, William Blair, Anderson, Ulta, Jim Cramer's, Jim Organizations: Procter, Gamble, CNBC, Federal Reserve, Fed, RBC Capital Markets, Anderson, China, National Exhibition, Convention Center, VCG, Getty Locations: U.S, North America, Shanghai, China

On Monday, a grand jury indicted him on that charge, as well as two new counts of felony murder, according to court records. Brock was arrested and charged as police saw no active threat presented by Hall during the encounter, the Clark County Sheriff’s Office said. The Clark County Sheriff’s Office previously said the original scam remains under investigation. William Brock Clark County Sheriff’s OfficeAccording to the news release, she made no demands of Brock other than to ask about the package she was sent to retrieve. CNN has reached out to the Clark County Sheriff’s Office for more information.

Persons: Uber, William Brock, Loletha, Brock, Paul Kavanagh, Daniel P, Driscoll, Hall, Brock’s, William Brock Clark, Loletha’s, ”, “, ” Uber, Hall’s Uber, it’s Organizations: CNN, Sheriff’s, Police, Authorities Locations: Ohio, Clark, South Charleston

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Nvidia, Kroger, GM, Super Micro Computer, Rivian, Reddit & more
▼ + stars: | 2024-04-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We downgrade HON to Hold as we only see 10% upside to our new, lower $215 price target." Goldman Sachs initiates GE Vernova as buy Goldman said it's bullish on the company's electrification opportunity. " Goldman Sachs initiates DraftKings as buy Goldman said the sports betting company is a "revenue compounder." "We initiate coverage on Genius Sports Ltd. (GENI) with a Buy rating and a 12-month price target of $7.50 (40% upside)." Argus upgrades Goldman Sachs to buy from neutral Argus upgraded Goldman Sachs following its earnings report on Monday.

Persons: Evercore, Reddit, JPMorgan, Tesla, Goldman Sachs, Goldman, it's bullish, Wells, Needham, Morgan Stanley, it's, AUNA, William Blair, Cantor Fitzgerald, Klaviyo, Cantor, SYNNEX, Baird, Guggenheim Organizations: Evercore, Nvidia, UBS, Deutsche Bank downgrades Honeywell, Deutsche, Bank of America, of America, JPMorgan, Citi, Coty Citi, COTY, GE Vernova, Genius Sports Ltd, HSBC, Devices, AMD, KR, Apple, Barclays, Tyson, TSN, Emerging Athletic Brands, Crown Holdings, Argus, Goldman, Netflix, Guggenheim, NASDAQ, Deutsche Bank, General Motors, GM

☆ Fast-food franchisees in California fear they'll lose customers to Chili's and Applebee's as prices soar over $20 wage
▼ + stars: | 2024-04-14 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Fast-food franchisees in California fear diners will flock to Chili's and Applebee's to avoid price hikes. As a result, the price gap between fast-food and casual dining restaurants could narrow. This could potentially cause the price difference between fast-food and casual dining restaurants to shrink. Fast-food restaurants in California have been hiking prices to offset the wage, which is 25% above the state's general minimum wage. "We're gonna start to compete with them," Ghai said, speaking about the casual dining restaurants.

Persons: —, Shane Paul, Paul, Scott Olson, Taco Bell, Ghai, he's, wouldn't, Scott Rodrick, Rodrick, Hajime Uba, Brian Vaccaro, Raymond James, Sal Vitalie, Vaccaro, Sharon Zackfia, William Blair Organizations: Service, Burger Locations: California, San Diego, South San Francisco

☆ The Dark Reality of Being a Princess in the British Royal Family
▼ + stars: | 2024-04-13 | by ( Samantha Grindell | Anneta Konstantinides | ) www.businessinsider.com time to read: +13 min

To millions, it appeared to be the reality for Princess Diana, Kate Middleton, and Meghan Markle. By making the fairy tale feel real, the royal family appears far more accessible — and the British tabloids are more than happy to help. David Levenson/Getty ImagesMeghan and Harry's royal tour of Australia 35 years later stirred up those same bitter feelings among the royal family, the prince recalled in "Harry & Meghan." Princess Diana. More often than not, the princesses marrying into the royal family earn the public's loyalty and love, not those born into the monarchy.

Persons: Princess Diana, Kate Middleton, Meghan Markle, Diana, Kate, Meghan —, —, Prince Charles, Tim Graham, Prince William, Chris Jackson, Harry, Karwai Tang, Kristen Meinzer, Kate —, William —, Meghan, Prince Harry, she's, Charles, William, Sir John Major, Maria Tatar, They're, it's, hasn't, Prince George, ANDREW COWIE, Omid Scobie, Pippa Middleton, Niki Nikolova, Meghan's upbringings, Pippa, Meinzer, Tatar, Duchess of Sussex, Duke of Sussex, Duke, Duchess, Sussex, Camilla, Catherine, William's, Kate wasn't, Martin Bashir, Diana Princess of Wales, Benny Ong, David Levenson, Getty, I've, Oprah Winfrey, Joe Pugliese, Harpo, Snow White, Edwin Hayward, Andrew Morton, Robert Hardman, Tim Graham Photo, Piers Morgan, Morgan, Max Mumby, they'd, It's Organizations: Getty, British, Mail, Kanye, Netflix, UNITED, Joff, BBC, Royal Tour of Australia, Tim Graham Photo Library, BBC Studios Locations: British, UNITED KINGDOM, Peacehaven , Sussex, Peacehaven, United Kingdom, Windsor, The, Australia, Alice Springs

The U.S. has passed a series of export controls starting in October 2022 aimed at restricting China's access to advanced chip technology, particularly those used in AI applications. According to data from tech consultancy Omdia, China consumes nearly 50% of the world's semiconductors as it is the biggest market for assembling consumer devices. But, soon after, it was reported that Nvidia was working on a new chip made for China. The company did not respond to a request for comment on their plans for the China market. An analysis of Huawei's Mate 60 Pro smartphone by TechInsights revealed an advanced chip made by China's top chip maker, SMIC.

Persons: Wong Yu Liang, Chris Miller, William B, Bailey, Donald Trump, TechInsights Organizations: AMD MU, P Global, Intel, Broadcom, Qualcomm, Marvell Technology, U.S, The, CNBC, Nasdaq, Intelligence, Micron Technology, AMD, Nvidia, Huawei, Semiconductor Industry Association, America's Micron, country's Cyberspace Administration, Micron Locations: China, The U.S, U.S, Washington, Xi'an, Netherlands, Beijing

☆ Trump and Johnson Trump build alliance on the falsehood of the stolen election
▼ + stars: | 2024-04-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The stolen election falsehood that dominates the GOPJohnson’s willingness to lend the authority of his office to Trump’s “election integrity” campaign shows how Trump’s stolen election conspiracy theory has consumed almost every pillar of power in the GOP. Trump and Johnson are also expected to relitigate the 2020 election during Friday’s press conference, a Trump adviser told CNN. “IT’S SO THEY CAN VOTE, VOTE, VOTE,” Trump said on his Truth Social network in December. Two days after the election, Trump declared, “If you count the legal votes, I easily win. “I support President Trump, I’m one of his biggest fighters here in Congress.

Persons: Mike Johnson, Donald Trump, Trump, Aileen Cannon, Trump’s, Johnson, ”, CNN’s Kristen Holmes, Fredreka Schouten, CNN’s KFile, Lara Trump, William Barr, Hillary Clinton, Joe Biden’s, ” Trump, ” Johnson, Biden, There’s, —, Matt Gaetz –, “, ” Gaetz, Marjorie Taylor Greene, Greene, she’d, ” Greene, CNN’s Manu Raju, Kevin McCarthy, McCarthy —, Trump — Organizations: CNN —, Republican, GOP, Trump’s, Trump, Republicans, Republican National Committee, RNC, CNN, Democratic, Electoral, “, Christian Broadcasting Network, Biden, Georgia Republican, House Republicans, Capitol Locations: Trump, Congress, Lago, Florida, New York, Georgia, American, Texas, Georgia , Michigan, Pennsylvania, Wisconsin, Ukraine, Mar, November’s

☆ Opinion: It’s time for us to let go of Bridget Jones
▼ + stars: | 2024-04-11 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

Bridget Jones may be neurotic, absurd and mired in patriarchy, but she’s a hell of a lot more fun than any black coffee-glugging, Marx-bothering Sally Rooney heroine. The third film, 2016’s “Bridget Jones’s Baby” (which followed the 2004 sequel, “Bridget Jones: The Edge of Reason”) was enjoyable enough, but it left me feeling as though I’d filled my plate one too many times at a delicious but overstuffed buffet. (It is also a truth universally acknowledged that a piece of writing mentioning Bridget Jones or any Jane Austen adaptation must contain the phrase “it is a truth universally acknowledged,” so that’s out of the way). Bridget Jones changed that. The most disappointing thing about Bridget Jones was always the reaction to her, especially Renée Zellweger’s portrayal.

Persons: Holly Thomas, Katie Couric, Bridget Jones’s, ”, Bridget Jones, Marx, Sally Rooney, Holly Thomas Holly Thomas, Bridget —, “ Bridget Jones, Jane Austen, Renée Zellweger, Hugh Grant, Bridget, Daniel Cleaver, Leo Woodall, I’m, it’s, Bridget grapples, Mark Darcy, Colin Firth, Hugh Grant’s, Darcy, Cleaver, It’s, we’d, — Bertie Wooster, Adrian Mole, Harry Paget Flashman, William Boot —, Bennet, —, Helen Fielding, isn’t, cussing Organizations: Katie Couric Media, CNN, Twitter Locations: London

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