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☆ Every single Zendaya movie, ranked
▼ + stars: | 2024-04-26 | by ( Savanna Swain-Wilson | Jason Guerrasio | ) www.businessinsider.com time to read: 1 min

She also returned as MJ in "Spider-Man: No Way Home" (2021). Tom Holland in "Spider-Man: No Way Home." Courtesy of Sony PicturesAudience score: 98%In this follow-up to the 2019 Marvel Cinematic Universe film, the hero's identity is revealed. Again, like the previous installment, the film was lauded by both critics and audience members, with some even calling it the "best" "Spider-Man" movie of all time. Keep in mind this list doesn't include movies that she wasn't credited in, nor does it include films without a score.

Persons: Tom Holland, Peter Parker, Doctor Strange, Benedict Cumberbatch, wasn't, Read Organizations: Sony Locations: Holland

New York’s highest court on Thursday overturned the felony sex crimes conviction of the notorious Hollywood producer Harvey Weinstein, a staggering reversal of a bedrock case in the #MeToo era that prompted countless victims of sexual harassment and assault to come forward as accusers. In a bitterly contested 4-to-3 decision, the New York Court of Appeals found that the judge who had presided over Mr. Weinstein’s case deprived him of a fair trial in 2020 by allowing prosecutors to call witnesses who said Mr. Weinstein had assaulted them — but whose accusations were not the basis for any of the charges against him. Responding on Thursday, the Manhattan district attorney, Alvin L. Bragg, announced that he would seek to prosecute Mr. Weinstein again. “We will do everything in our power to retry this case, and remain steadfast in our commitment to survivors of sexual assault,” a spokeswoman for Mr. Bragg’s office said. The case was originally prosecuted by his predecessor, Cyrus R. Vance Jr.

Persons: Harvey Weinstein, Weinstein’s, Weinstein, Alvin L, Bragg, Mr, “, ”, Cyrus R, Vance Jr Organizations: Hollywood, New, Appeals, Mr Locations: Manhattan

☆ Owen Wilson reportedly turned down $12 million to be in a movie that depicted OJ Simpson as innocent
▼ + stars: | 2024-04-24 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +2 min

Owen Wilson reportedly turned down a $12 million role to star in a movie called "The Juice." According to The Hollywood Reporter, the film represents Simpson as innocent. AdvertisementOwen Wilson reportedly turned down an offer to star in a movie that represents O.J. Simpson in the murders of Nicole Brown Simpson and Ron Goldman as innocent — to the tune of $12 million. In 2020, the Hollywood Reporter, citing Newton's attorney Larry Caldwell, reported that "The Juice" (then titled "Nicole & O.J.")

Persons: Owen Wilson, Simpson, Wilson, Douglas McCann, —, Nicole Brown Simpson, Ron Goldman, Charlotte Kirk, Brown, Boris Kodjoe, Joshua Newton, McCann, Newton, Everybody, Owen, you've, Goldman, Larry Caldwell, Nicole, O.J, Kirk, Kodjoe Organizations: Hollywood, Service Locations: Santa Monica, Bulgaria

☆ New Jersey Democratic Rep. Donald Payne Jr. dies, Speaker Johnson announces
▼ + stars: | 2024-04-24 | by ( Shania Shelton | Haley Talbot | ) edition.cnn.com time to read: +3 min

CNN —US Rep. Donald Payne Jr., a New Jersey Democrat, has died, Speaker Mike Johnson announced on Wednesday. “We are saddened to be informed of the passing today of congressman Donald M. Payne, Jr.,” Johnson said in a post on X. His father, Donald Milford Payne, was the first Black congressman to represent the state and served in the seat from 1989 until his death in 2012. Donald Payne Jr. was involved with a number of health-related caucuses and helped introduce related legislation in Congress, including serving as a co-chair of the Congressional Colorectal Cancer Caucus, Congressional Men’s Health Caucus and the Congressional Peripheral Artery Disease Caucus. “The Congressional Black Caucus has been very clear to President Trump that African-American communities have a lot to lose under his administration,” Payne said in a press release at the time.

Persons: Donald Payne Jr, Mike Johnson, “, Donald M, Payne , Jr, ” Johnson, Phil Murphy, Donald Payne , Jr, ” Payne, Payne, Donald Milford Payne, Donald Trump, Trump, Murphy, Mike Gallagher, Johnson, Ethan Cohen, Kristin Wilson Organizations: CNN, New, New Jersey Democrat, . New Jersey Democratic Gov, New Jersey’s, Cancer Caucus, Congressional, Health Caucus, Disease, Congressional Black Caucus, Caucus, House Transportation, Infrastructure Committee, Democratic, Gov, Wisconsin Republican, House, Republicans Locations: New Jersey, .

☆ 'Invest in these women': WNBA champion A'ja Wilson hopes Caitlin Clark's popularity helps the league grow
▼ + stars: | 2024-04-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Caitlin Clark's record-breaking college career has sparked unprecedented interest in the WNBA. The 27-year-old five-time All-Star urged fans who have enjoyed Clark's college career to stick around and help grow the women's game. "I hope that anyone's invested and paying attention to it, continues to invest in it," Wilson said. The All-Star center also commented on the major paydays top college athletes are taking home thanks to NIL rules allowing student athletes to leverage their personal brands. With Clark's $76,000 rookie salary making headlines last week, Wilson said she hopes college stars continue to go pro and bring their sponsors and investors along with them.

Persons: Caitlin Clark's, A'ja Wilson, Clark, Wilson, anyone's Organizations: WNBA, Las Vegas Aces, Star, Nike, CNBC

☆ U.K. Publisher Redacts Passage of Rebel Wilson’s Memoir
▼ + stars: | 2024-04-24 | by ( Remy Tumin | ) www.nytimes.com time to read: +1 min

The British publisher of the actress Rebel Wilson’s memoir has redacted a portion of the book that details allegations of inappropriate behavior by Sacha Baron Cohen. In the memoir, “Rebel Rising,” Wilson, known for her comic roles in “Bridesmaids” and “Pitch Perfect,” candidly details her struggles with weight loss, sexuality and money. A representative for Baron Cohen has denied Wilson’s account. But Harper Collins, her publisher in the United Kingdom, redacted passages from a page of the memoir, images released by Getty showed. A spokesperson for Harper Collins confirmed the redaction in a statement to The Guardian.

Persons: Rebel, Sacha Baron Cohen, ” Wilson, “, ”, Baron Cohen, Cohen, Simon, Simon & Schuster, Harper Collins, Getty Organizations: Simon &, Guardian Locations: British, Grimsby, ”, United States, United Kingdom, Australia

☆ Baltimore bridge collapse: City files legal claim against owner, operator of ship that rammed Key Bridge
▼ + stars: | 2024-04-23 | by ( Jillian Sykes | ) edition.cnn.com time to read: +2 min

Atlanta CNN —Baltimore filed a legal claim on Monday against the owner and manager of the ship that crashed into the Francis Scott Key Bridge last month, causing it to collapse. The Dali, a 213-million-pound ship carrying cargo containers, is owned by Grace Ocean Private Limited and managed by Synergy Marine PTE LTD. As this matter is now the subject of active litigation, we will reserve further comment for the appropriate judicial forum,” the Baltimore City Law Office told CNN. Earlier this month, Grace Ocean and Synergy Marine filed a petition in federal court asking for a $43.6 million limit on potential liability payouts. In its Monday court filings, Baltimore asked the court to deny the companies’ petition to limit liability.

Persons: Francis Scott Key, Dali, Grace Ocean, Darrell Wilson, Grace, — CNN’s Gabe Cohen Organizations: Atlanta CNN, Baltimore, Grace Ocean Private Limited, Synergy Marine PTE LTD, Baltimore’s, City Council, CNN, Baltimore City Law Office, Synergy, Grace Ocean, Federal Bureau of Investigation, US Coast Guard Locations: Baltimore

☆ Vending machine founders get $1.5 million 'Shark Tank' offer—despite a business model Mark Cuban called 'a huge mistake'
▼ + stars: | 2024-04-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.

Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey

☆ Buy this little-known pharma stock with more than 80% upside ahead, RBC says
▼ + stars: | 2024-04-22 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Ultragenyx Pharmaceutical has several growth opportunities ahead that could lead its share price to boom over the next year, according to RBC Capital Markets. Analyst Luca Issi initiated research coverage of the pharmaceutical company, which develops treatments for rare and ultra-rare diseases, with an outperform rating and $77 price target. Ultragenyx is forecasting between $500 million and $530 million in revenue for 2024, driven by rare bone disease drug Crysvita, long-chain fatty acid oxidation disorder drug Dojolvi, as well as therapies Mepsevii and Evkeeza. The analyst is also looking ahead to Ultragenyx's treatments for Angelman syndrome, Glycogen storage disease type 1, or GSD1a, plus Wilson's disease as potential opportunities to drive up the stock. Wilson's disease is a rare genetic disorder that prevents the body from eliminating copper, which then leads it to accumulate in the liver, brain and other organs.

Persons: Luca Issi, Issi, Issi's, Issa, GSD1a Organizations: Ultragenyx Pharmaceutical, RBC Capital Markets, U.S . Food, Drug Administration

☆ Archie Moore, Australian Artist, Wins Top Prize at Venice Biennale
▼ + stars: | 2024-04-20 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

Archie Moore, an Indigenous Australian artist who has created an installation including a monumental family tree, won the top prize at the Venice Biennale on Saturday. Moore, 54, took the Golden Lion, the prize for the best national participation at the Biennale, the world’s oldest and most high-profile international art exhibition. He beat out artists representing 85 other countries to become the first Australian winner. For his installation, “kith and kin,” Moore has drawn a family tree in chalk on the walls and ceiling of the Australia Pavilion. The web of names encompasses 3,484 people and Moore says it stretches back 65,000 years, although he has smudged some details so that they are hard to read.

Persons: Archie Moore, Moore, kith, ” Moore, Julia Bryan, Wilson Organizations: Lion, Biennale, Columbia University Locations: Australian, Venice

☆ Video shows the moment a man shone a laser pointer at an aircraft, risking 'catastrophic consequences,' and leading to a prison sentence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Andrew Wilson admitted to shining a laser at aircraft in two incidents back in 2022. Wilson was sentenced to four months in prison last Thursday. AdvertisementA 53-year-old man was sentenced to four months in prison after shining a laser at a passenger jet. Jason Marshalsea, the police officer in charge of the case, said: "Shining a laser beam at an aircraft is dangerous and irresponsible and could result in catastrophic consequences." AdvertisementIncidents involving lasers and planes have been on the rise in recent years, despite pleas from authorities for people to stop shining lasers at aircraft.

Persons: Andrew Wilson, Wilson, —, VCeFFXnIUG, Jason Marshalsea Organizations: Service, Airbus, Bristol Airport, Taunton Crown, Sky, Federal Aviation Administration, Delta Air Lines Locations: Somerset, England, Martock , Somerset, Taunton, New York, Mexican

☆ A Life Overtaken by Conspiracy Theories Explodes in Flames as the Public Looks On
▼ + stars: | 2024-04-19 | by ( Michael Wilson | Tracey Tully | ) www.nytimes.com time to read: +1 min

The journey that ended with a man setting himself on fire on Friday outside the Manhattan courthouse where Donald J. Trump was being tried seemed to have begun in Florida, with a series of increasingly bizarre outbursts. Standing in the afternoon chill, the man, Max Azzarello, 37, of St. Augustine, Fla., threw pamphlets into the air before dousing himself with an accelerant and setting his body ablaze. The police hurried to extinguish the flames, but officials said his injuries were grave, and he was being treated at a hospital burn unit. The fire just a block or two from the courthouse appeared calculated to draw widespread attention, horrifying bystanders and temporarily overshadowing the momentous trial of a former president. His social media postings and arrest records suggest the immolation stemmed instead from a place of conspiracy theories and paranoia.

Persons: Donald J, Trump, Max Azzarello, dousing Locations: Manhattan, Florida, St, Augustine, Fla

☆ Election Updates: Biden courts labor unions, with a speech to electrical workers planned today.
▼ + stars: | 2024-04-19 | by ( Chris Cameron | ) www.nytimes.com time to read: +9 min

Members of this prominent Democratic family, including most of Mr. Kennedy’s siblings, had already signaled their support for Mr. Biden. Just as President Biden does today.”“Nearly every single grandchild of Joe and Rose Kennedy supports Joe Biden,” she said. “That’s right: The Kennedy family endorses Joe Biden for president.”Responding on social media, Mr. Kennedy avoided engaging with his family’s rejection of his candidacy. “I know you’re never supposed to reject a gift,” Mr. Kennedy joked as he held them. He then encouraged the roughly dozen people there to volunteer for the Biden campaign, arguing that their help could decide the election.

Persons: Kennedy, Biden, Robert F, Kennedy Jr, I’m, Kathleen, Rory, Joe, Chris, Max, Joe Biden, Kamala Harris, —, Kennedy’s, Biden’s, Jim Wilson, Donald, ” Kerry Kennedy, “ Daddy, Rose Kennedy, ”, “, Mr, John, Kennedy —, John F, Martin Luther King, Donald J, Trump, Conor Lamb, Teenie Harris, Edward M, ” Joseph P, Kennedy II, Joseph P, Kennedy III, you’re, ” Mr Organizations: America, Biden, White, Democratic, Black, New York Times, Trump, PAC, Voters, Marquette Law School, Carnegie Museum of Art, Getty, Mr, Republican, MAGA Inc, Philly Locations: Philadelphia, America, Michigan, United States, Wisconsin, American, Pennsylvania, Kennedy, Washington, Pa, Harlem, Massachusetts

☆ Rainbow-like phenomenon may glow on hellish exoplanet WASP-76b
▼ + stars: | 2024-04-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Observations from the European Space Agency’s Cheops space telescope, or Characterising ExOplanet Satellite, detected a “glory effect” on WASP-76b, an ultra-hot exoplanet 637 light-years from Earth. Cheops captured data from WASP-76b as the planet passed in front of its star, making 23 observations over three years. But the glory effect is created as light moves through a narrow opening and bends, creating colorful, patterned rings. An artist's illustration shows the night-side view of the exoplanet WASP-76b, where iron rains down from the sky. Lueftinger said she believes that the James Webb Space Telescope or Ariel may be able to help prove the presence of the glory effect on WASP-76b.

Persons: Cheops, ”, Olivier Demangeon, Wilson, ” Demangeon, Matthew Standing, —, “, Theresa Lueftinger, Lueftinger, James Webb, Ariel Organizations: CNN —, WASP, Astrophysics, of Astrophysics, Space Sciences, ESA, Hubble, Spitzer, Telescope, European Space Agency, “, James Webb Space Locations: Portugal, Cheops

☆ A US Navy transport ship deployed to help operate the floating port in Gaza returned home after an engine fire
▼ + stars: | 2024-04-18 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +5 min

A US Navy ship deployed to help build a floating pier in Gaza returned home after an engine fire. USNS 2nd Lt. John P. Bobo deployed to transport equipment to operate the temporary port. AdvertisementAn M1A1 Abrams tank is off-loaded from the USNS 2nd Lt. John P. Bobo off the shore of Pohang, Republic of Korea. AdvertisementUSNS 2nd Lt. John P. Bobo and USNS Pililaau anchor off the coast of Pohang, Republic of Korea. Australian dock workers secure USNS 2nd Lt. John P. Bobo while members of the U.S. Navy, Marine Corps and Australian Defence Force begin offloading.

Persons: John P, Bobo, —, Pat Ryder, Cpl, Mark W, Stroud, MV Roy P, Baldomero Lopez, Sal Mercogliano, Military.com, Frank S, Besson, Joshua Fulton, Mercogliano, horrendously, I've, You've, Scott Reel, Ryder Organizations: US Navy, USNS, Service, Navy, Pentagon, Army, MV, sealift, Naval Beach, USNI News, U.S . Navy, Marine Corps, Australian Defence Force, Defense Department Locations: Gaza, Jacksonville , Florida, Pohang , Republic of Korea, Tenerife, Africa, Azores, Souda, Greece

☆ US regional banks are still under pressure. That’s likely to continue
▼ + stars: | 2024-04-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Despite overcoming a crisis in 2023, the pain isn’t over for America’s regional banks. Shares of New York Community Bank have tumbled 71%, Bank OZK shares have slid 16% and Webster Financial shares have lost 11%. Regional banks reported wide losses on their profits during the first quarter. PNC projects that its net interest income will fall between 4% to 5% in 2024 from last year. “I’m worried about a handful of [regional banks],” Bair told CNBC on Tuesday.

Persons: that’s, Jerome Powell, “, ” Powell, Sheila Bair, “ I’m, ” Bair, ” Tesla, Tesla, Elon Musk, Chris Isidore, Musk, Chancellor Kathaleen McCormick, Read, Samantha Delouya, —, Maximilian Kotz, Leonie Wenz, Noah Diffenbaugh Organizations: CNN Business, Bell, New York CNN, Regional Banking, New York Community Bank, Bank OZK, Webster Financial, PNC Financial, T Bank, US Bancorp, Citizens, PNC, Valley Bank, Signature Bank, First Republic Bank, Federal Reserve, Wilson Center, Federal Deposit Insurance Corporation, CNBC, Tesla, Securities and Exchange Commission, United Nations, Potsdam, Climate, CNN, Stanford University Locations: New York, Delaware, ” Delaware

☆ The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates
▼ + stars: | 2024-04-17 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

So the Fed can keep interest rates higher for longer to cool price rises — although the central bank also has room to cut should the labor market "unexpectedly weaken," Powell added. Related storyHigher interest rates make borrowing more expensive for anything from mortgages to credit cards — it encourages people to save rather than spend, which in theory, helps bring down prices. AdvertisementConversely, lower interest rates encourage borrowing and spending — thus driving the economy when growth slows, such as during the COVID-19 pandemic when the Fed cut rates massively and pumped money into the system. But Reid thinks the excess money could be drained from the economy later this year, when money supply in the economy normalizes. AdvertisementDemand, supply chain snarls, and fiscal stimulus also contribute to inflationTo be sure, money supply isn't the only thing that contributes to inflation.

Persons: —, Jerome Powell, Powell, Jim Reid, it's, Reid, Bill Dudley Organizations: Service, Wilson Center, Business, Fed, Deutsche Bank, Federal Reserve, Bloomberg Locations: Washington, New York, Dudley

☆ Private equity finds its next bet: college admissions
▼ + stars: | 2024-04-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Now, private equity firms are swooping in to help while taking majority stakes in exchange. Last week, the company announced that it would partner with California-based private equity firm Nexus Capital Management and move its test into a for-profit company. A company owned by private equity can obfuscate what the company actually does to the public and potentially to regulators. Private equity firms “come into industries that are already suffering from a lack of funding,” said Creeks. They’ve had a lack of funding and support and so sometimes private equity is the only viable option.

Persons: New York CNN — It’s, Janet Godwin, “, ” Goodwin, ”, we’ve, Charlie Eaton, Goodwin, Critics, Constantine Yannelis, Rebecca Winthrop, They’ve, ” Powell, Jerome Powell, Powell, Bryan Mena, Chris Isidore, United, Max Organizations: CNN Business, Bell, New York CNN, ACT Inc, U.S ., ACT, Nexus Capital Management, ”, CNN, Nexus, Higher, University of California, ” Nonprofit, Nexus Capital, Savvas Learning Company, Private Equity, Project, University of Chicago Booth School of Business, Center for Universal Education, Brookings Institution, P Global Market Intelligence, College Board, Veritas Capital, “, Bank of Canada, Wilson, Fed, United, United Airlines, Boeing, Alaska Airlines, Federal Aviation Administration Locations: New York, Iowa, California, Merced, Canada

☆ House Democrats keep options open as effort to oust Johnson grows
▼ + stars: | 2024-04-16 | by ( Lauren Fox | Kristin Wilson | ) edition.cnn.com time to read: +9 min

He’d let Putin take all of Europe,” Florida Rep. Jared Moskowitz said on CNN after Massie announced Tuesday he’d join Greene in her effort to oust Johnson. “Let’s just hope that that does not happen, and that we can do our responsibilities, protect and defend our own democracy as we protect theirs,” former House Speaker Nancy Pelosi said. “If Speaker Johnson wants to talk to Hakeem Jeffries, I think we’d be open to something like that. If only a handful of Republicans vote to oust Johnson, only a handful of Democrats would be needed to step in and help him keep his job. And that is where Democrats would have to decide if they’d help Johnson.

Persons: Mike Johnson, institutionalists, Johnson, Hakeem Jeffries, Kevin McCarthy, Israel, Marjorie Taylor Greene, Thomas Massie, He’d, Putin, Jared Moskowitz, Massie, he’d, Greene, Tom Suozzi, Johnson –, “ Let’s, Nancy Pelosi, “, Johnson’s, Sara Jacobs, ”, Jeffries, hypotheticals, McCarthy, Matt Gaetz, –, Chuck Schumer, ’ –, Alejandro Mayorkas –, wouldn’t, Ann Kuster, Mike Gallagher, they’d, ‘, ’ Jeffries, Gerry Connolly, “ It’s, Rosa DeLauro, We’ve, can’t, “ We’ve, Jamie Raskin, Jim Himes, “ Gerry, ” Himes Organizations: CNN — House, Democratic, Union, ”, CNN, New York Democratic, Republicans, California Democratic, Florida Rep, White, Foreign Intelligence, of Homeland, GOP, ” New Hampshire Democratic, Republican Rep, Louisiana Republican, Republican, Maryland Democratic, House Intelligence Locations: Israel, Europe, ” Florida, California, Ukraine, Louisiana, Haiti, Sudan, Gaza, “, Connecticut

☆ A Quiet Sunday Night in Syracuse, and Then a Deadly Ambush
▼ + stars: | 2024-04-16 | by ( Michael Wilson | Chelsia Rose Marcius | ) www.nytimes.com time to read: +1 min

The deadliest day in Syracuse police history in over 30 years began when two officers attempted to pull over a gray Honda Civic on a quiet corner outside a church. The car peeled away, out of sight — but not before the police officers clocked its license plate. The officers soon tracked the Civic to Darien Drive in the town of Salina, a suburb about 15 minutes away. Another neighbor, Mousa Alzokari, 47, who works at a Syracuse newsstand, was home with his five children in their living room. And across the street, Daniel Kay, 73, was reading his Sunday newspaper at his front window.

Persons: ”, Duane Shenandoah, Mousa Alzokari, Daniel Kay Organizations: Honda Locations: Syracuse, Darien, Salina

☆ India’s economy and elections: Is the hype around Narendra Modi’s vision justified?
▼ + stars: | 2024-04-16 | by ( Diksha Madhok | Rachel Wilson | ) edition.cnn.com time to read: +9 min

New Delhi/London CNN —In just a few days, India will commence the world’s largest democratic election. So, is the hype around Modi’s India, which remains a largely impoverished country, justified? The world’s largest biometric database has also helped the government save millions by reducing corruption in welfare initiatives. Domestic investors, both retail and institutional, have been driving India’s stock market to unprecedented peaks. Still, India’s economy, much like its democracy, is far from perfect.

Persons: Narendra Modi, Indranil Mukherjee, Modi, Himanshu Sharma, Guido Cozzi, Arun Sankar, Billionaire Elon Musk Organizations: London CNN —, Getty, CNN, World, University of St, Unified, Bank, ”, National Stock Exchange of India, bourse, Bombay Stock Exchange, NSE, Shenzhen Stock Exchange, Hong Kong Exchange, World Federation of Exchanges, Macquarie Capital, Apple, Foxconn, Billionaire, International Labour Organization Locations: New Delhi, London, India, China, Beijing, Ajmer, Rajasthan, University of St Gallen, Switzerland, Asia’s, Washington, Sriperumbudur, Chennai, Mumbai's Churchgate, AFP

☆ Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook
▼ + stars: | 2024-04-16 | by ( April Roach | ) www.cnbc.com time to read: +1 min

Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s. Shares of Dr. Martens plunged 30% on Tuesday to hit a record low in early deals, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange after the firm issued an unscheduled trading update. In a Tuesday note, analysts at RBC flagged a negative sentiment on the stock and said that markets would focus on the 2025 guidance in the short term.

Persons: Martens, Kenny Wilson, Ije Nwokorie Organizations: London Stock Exchange, RBC Locations: British

☆ Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer
▼ + stars: | 2024-04-16 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Interest rates are currently nestled at a 23-year high after the Fed launched an aggressive rate-hiking campaign two years ago. Inflation is down considerably from a four-decade peak reached in the summer of 2022, but recent inflation reports have shown persistent price pressures in services and housing. First rate cut in the summer? Wall Street already wasn’t betting on a rate cut in May, but some analysts are estimating the first cut could come some time in the summer. Analysts at Goldman Sachs, JPMorgan and Nomura are estimating a first rate cut in July.

Persons: Jerome Powell, “, Powell, ”, ” Quincy Krosby, don’t, hasn’t, Goldman Sachs, Philip Jefferson Organizations: Washington CNN, Federal, Wilson, Fed, Congress, LPL, Atlanta Fed, Goldman, JPMorgan, Nomura, Bank of America, Barclays, Deutsche Bank, ” Locations: Wells Fargo, rebalance

☆ Watch Fed Chair Powell speak live during a policy forum in Washington
▼ + stars: | 2024-04-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

[The stream is slated to start at 1:15 p.m. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Wednesday to the Wilson Center's Washington Forum on the Canadian Economy, in what will likely be his last policy speech before the next central bank meeting. The appearance comes with markets expecting the Fed to keep its benchmark borrowing rate steady until at least September. Recent higher than expected inflation readings have forced investors to recalibrate expectations that the Fed would lower interest rates steadily this year.

Persons: Jerome Powell, Wilson, Powell, Read Organizations: Bank of Canada, Tiff, Wilson, Fed, CNBC, YouTube Locations: Canadian, Canada

☆ All the surprise guest appearances at Coachella 2024, from Shakira to Paris Hilton
▼ + stars: | 2024-04-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Voices of a generationWatch more from the Coachella Stage all weekend on the @Youtube livestream at https://t.co/369m1pWQBo pic.twitter.com/CHCyTBKcuX — Coachella (@coachella) April 13, 2024Will Smith performed 'Men in Black' during J. Balvin's set, wearing a very appropriate suit. Olivia Rodrigo performed with No Doubt. Gwen Stefani of No Doubt and Olivia Rodrigo perform at the Coachella Stage during the 2024 Coachella Valley Music and Arts Festival at Empire Polo Club on April 13, 2024 in Indio, California. AdvertisementKesha also joined Rapp during her setReneé Rapp and Kesha perform onstage together. Peso Pluma Brings Out Becky G to Perform "Chanel" at Coachella 🖤 • @iambeckyg pic.twitter.com/niypTDldVK — ERIKA ❤️‍🔥 (@beckygchanel_) April 14, 2024Paris Hilton played games with Vampire WeekendParis Hilton at Neon Carnival during Coachella.

Persons: —, Lana Del Rey, Sabrina Carpenter, Barry Keoghan, Megan Fox, Taylor Swift, Travis Kelce, Jeff Bezos, Del Rey, Lauren Sánchez, Billie Eilish, Shakira, Lana Del Rey's, Christina House, 369m1pWQBo, Will Smith, Balvin's, Arturo Holmes, Olivia Rodrigo, Gwen Stefani, John Shearer, Rodrigo, Bizarrap, Valerie Macon, Childish Gambino, Charlie Wilson, Tyler, Gambino, Donald Glover, Igor, Reneé Rapp, Leisha Hailey, Jennifer Beals, Katherine Moennig, Ilene Chaiken, Rapp, Kesha, Emma McIntyre, ToK, l1TbBn9Mnq — Courtney Howard, Becky G, Chanel, Becky, RIKA ❤ ️‍🔥 ( Organizations: Service, Colorado, Business, Machine, Guardian, Los Angeles Times, Del, Coachella, Valley Music, Arts Festival, Empire Polo Club, Vogue, Bizarrap, WHO Locations: Coachella, Black, Indio , California, AFP, LA

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