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Memorial Day weekend, the traditional launching pad of the summer travel season, is shaping up to set a scorching pace. United is expecting the biggest Memorial Day and summer travel season in the airline’s 98-year history, according to Andrew Nocella, United’s executive vice president and chief commercial officer. Air traffic controller shortageThe air traffic control tower at Los Angeles International Airport is a busy place. The United States is still short thousands of air traffic control personnel. Markus Mainka/imageBROKER/ShutterstockDespite a surge in hiring last year, air traffic control stations nationwide are still about 3,000 controllers short, according to new FAA numbers.
Persons: it’s, Andrew Nocella, Markus Mainka, Scott Keyes, , ” Keyes, Tayfun, Bob Thomas, haven’t, Elijah Nouvelage, Keyes, , Antonio Masiello, he’s, Angela Fritz Organizations: CNN, Federal Aviation Administration, Transportation Security Administration, TSA, American Airlines and United Airlines, Airlines for America, Airlines, America, Air, Los Angeles International, FAA, CNN Travel, San Francisco International, Anadolu Agency, Embry ‑ Riddle Aeronautical University, Aircraft, Travelers, Hartsfield, Jackson Atlanta International Airport, Getty Locations: United States, New York City, Florida, New York, Miami, Chicago, Atlantic, AFP, Rome, Europe, Mexico, Australia, Paris, Iceland, Dublin, CNN’s
CNN —Say what you want about Jennifer Lopez, but streaming algorithms surely love her, which accounts for her parade of recent movies – “The Mother” (Netflix), “Shotgun Wedding” (Amazon) and “Marry Me” (Peacock), all in the last two years. Add to that “Atlas,” a nonstop sci-fi action movie that basically gets the job done with a plot that recalls Disney’s “Big Hero 6,” just with a lot more cursing. Atlas must then team up with another AI robot (voiced by Gregory James Cohan) in order to survive. Netflix continues to lay down expensive bets on genre movies, with Zack Snyder’s two-part “Rebel Moon” among the more prominent recent examples. For her part, Lopez steps into a slightly different role – and wisely away from another rom-com – in her dual capacity as producer and star.
Persons: Jennifer Lopez, , Disney’s, Atlas Shepherd, Harlan, Simu Liu, Gregory James Cohan, Mark Strong, Sterling K, Brown, Lopez, Brad Peyton –, Dwayne Johnson, Andreas ” –, Zack Snyder’s, it’s Organizations: CNN, Netflix, Sterling,
London CNN —When British Prime Minister Rishi Sunak announced on Wednesday that the United Kingdom would hold a general election on July 4, many observers wondered: why now? British Prime Minister Rishi Sunak delivers a speech calling for a general election, outside 10 Downing Street, in London on May 22. Their time in office didn’t begin formidably. In 2010, after 13 years of Labour rule, David Cameron won the general election but didn’t win a majority in parliament. Eventually, the Conservative Party had enough of the chaos and put Sunak in charge as a safe pair of hands.
Persons: Rishi Sunak, Keir Starmer, Sunak, Maja Smiejkowska, he’s, we’ve, ’ ” Sunak, didn’t, David Cameron, Cameron, Theresa May, Boris Johnson, Johnson, Henry Nicholls, Liz Truss, , Starmer Organizations: London CNN, British, Conservative Party, Labour Party, Labour, International Monetary Fund, CNN, IMF, Liberal Democrats, Conservative, Vale, Glamorgan Brewery, Getty Locations: United Kingdom, London, Downing, Glamorgan, Barry, Wales, AFP, Rwanda, Sunak
Workday : The HR software company cut its subscription revenue outlook, and the stock was being punished Friday, down 13.5%. "Everybody in the country is trying to scale back" human resources, Jim Cramer said Friday, adding that's the problem. The stock Wednesday finished well off the highs for the session and then went down and up Thursday and Friday. Cramer said "Deckers is very well run company" but warned that footwear and apparel "can be fickle." Cramer said he owns ether in his personal portfolio.
Persons: Jim Cramer's, Jim Cramer, Cramer, UGGs Organizations: CNBC, Club, HR, Ross Stores, Ross, Intuit, SEC, U.S . Locations: Maxx
In “Baby Reindeer,” Gadd’s stalker is portrayed as unattractive and mentally ill — someone whom her victim actually feels sorry for. “Baby Reindeer,” rated TV-MA by Netflix for “language, nudity, sex, sexual violence, substances,” only has a viewer discretionary warning before “Episode 4” wherein Gadd’s character is sexually assaulted. Information is also available on sexual assault, sexual violence and relationship abuse. Neither Netflix nor the “You” and “Baby Reindeer” teams responded to CNN’s requests for comment. Fleitman hopes “Baby Reindeer” can raise awareness for stalking victims, like men and so-called “imperfect victims” whose stories may not look like the ones we’re used to seeing.
Persons: Richard Gadd, Donny, Martha, Joe Goldberg, Dr, Lorraine Sheridan, don’t, ” Sheridan, “ I’ve, ” Gadd, “ I’m, Donny Dunn, Gadd, Edward, ” Emilio Estevez’s, Andie MacDowell’s, Penn Badgley, Joe, Goldberg, Sheridan, Stalkers, stalkers, we’ve, , Dana Fleitman, Anna Nasset, ” Nasset, , aren’t, they’re, ” Fleitman, Fleitman, Edward Cullen, Robert Pattinson, Kristen Stewart, Bella, “ we’re, , Nasset, femicides, weren’t, Dana, Resouces, Alice Ruggles Organizations: CNN, Hollywood, Netflix, Resource Center, Resources, SPARC, for Disease Control, US Department of Justice, National, HOPE VictimConnect, National Center for Locations: “ St, Elmo’s, California, Edinburgh, Scotland
Read previewNASA's James Webb Space Telescope has detected three galaxies as they were likely forming during the universe's infancy, the space agency said Thursday. And it's all thanks to the tremendous observing power of the James Webb Telescope. AdvertisementThe James Webb Space Telescope helps astronomers study the very early universe. The Cosmic Dark AgesJames Webb Space Telescope has revealed 45,000 galaxies in this image, hundreds of which have never been seen until now. Astronomers study the Era of Reionization to understand the very early moments in our universe when galaxies and stars first formed and how.
Persons: , James Webb, Webb, Kasper Heintz, NASA Heintz, Brant Robertson, Ben Johnson, Sandro Tacchella, Marcia Rieke, Daniel Eisenstein, Heintz Organizations: Service, NASA, Business, James Webb Telescope, University of Copenhagen, James Webb Space Telescope, ESA, CSA, UC, UC Santa Cruz, CfA, University of Arizona Locations: Denmark, UC Santa, Cambridge
PARIS, France — X CEO Linda Yaccarino on Friday hit out at Australia after a face off with online safety regulators. It comes after the Elon Musk-owned social media platform X last week won a reprieve in Australia as a court refused to extend a temporary order blocking videos of a Sydney church stabbing. In a talk onstage at the VivaTech conference in Paris, Yaccarino accused Australia of overreach over the dispute. "The good news is that the people prevailed," Yaccarino, the former global advertising chief at CNBC parent company NBCUniversal, said. "We're happy to be that beacon of light and that place for truth."
Persons: Linda Yaccarino, Elon, Yaccarino Organizations: Elon Musk, eSafety, CNBC Locations: PARIS, France, Australia, Sydney, Paris, overreach
Check out the companies making headlines in premarket trading: Intuit — The TurboTax parent company slipped nearly 6% after issuing weaker-than-expected fiscal fourth-quarter guidance . Intuit forecast adjusted earnings of $1.80 per share to $1.85 per share, while analysts surveyed by FactSet expected $1.92. Ross Stores — The discount apparel retailer stock added more than 7% on the heels of an earnings beat. Workday forecast subscription revenue of $1.895 billion, while the consensus forecast called for $1.9 billion, according to StreetAccount. Analysts surveyed by LSEG were looking for $2.89 in earnings per share on $888 million of revenue.
Persons: Cash, , Jesse Pound Organizations: Intuit, Ross Stores, LSEG, Nvidia, U.S . Food, Drug Administration Locations: U.S
"He seemed like the perfect tenant until he turned into a nightmare," Sriram told the outlet. When confronted, Jarzabek denied subletting the property, but Sriram found listings for it on Airbnb, the Times reported. AdvertisementInitially, the Airbnb account was hosted by someone named Rich Jacobs. Sriram told the Times she eventually resorted to showing up at the property to warn guests about the situation. According to the Times, Jarzabek stopped paying rent after Sriram filed the eviction notice.
Persons: , Nikeeta Sriram, Sriram, Nicholas Jarzabek, Jarzabek, Rich Jacobs, Monthier, Airbnb, Jacobs, Nick Diver, Diver Organizations: Service, Los Angeles Times, The Times, Business, Times, Police, Los Angeles Superior Court Locations: Angeles, United Kingdom, Los Feliz, LA, London, Airbnb
JPMorgan's top picks for the rest of the year are two smaller, lesser known companies — Hannon Armstrong Sustainable Infrastructure and TPI Composites . Hannon Armstrong finances renewable projects and TPI builds blades for wind turbines. The investment bank has $39 price target for Hannon Armstrong, implying 21% upside from Thursday's close of $32.13. When long-term Treasury rates are higher than short-term rates, Hannon Armstrong can book projects at the higher rate but finance them at the lower rate. Nextracker's price target remains at $63, suggesting 23% upside from the last closing price of $51.32.
Persons: JPMorgan's, — Hannon Armstrong, Hannon Armstrong, TPI, Mark Strouse, Strouse Organizations: U.S, JPMorgan, — Hannon Armstrong Sustainable Infrastructure, TPI Composites
Hundreds of students walked out of Harvard University’s commencement ceremony on Thursday morning as degrees were conferred, while hundreds chanted “Let them walk!”, a reference to 13 student protesters who were not allowed to graduate after a vote Wednesday by the Harvard Corporation, the university’s governing body. The walkout was a jarring reminder of continuing unrest on the Cambridge campus, on a day when more than 9,000 graduates and their families were gathered in Harvard Yard for celebration and reflection. At the start of the ceremony, the university’s interim president, Alan Garber — loudly booed by some in the crowd — acknowledged the turmoil, and the possibility that “some among us may choose to take the liberty of expressing themselves to draw attention to events unfolding in the wider world.”“This moment of joy coincides with moments of fear and dread, grief and anger, suffering and pain,” he said. “Elsewhere, people are experiencing the worst days of their lives.” He asked the crowd to observe a minute of silence.
Persons: Alan Garber —, , , Organizations: Harvard, Harvard Corporation, Cambridge, Harvard Yard
Traditionally, value investing and growth investing are considered two distinct investment strategies. Value investors look for stocks they believe the market has undervalued and may be trading for less than their "intrinsic" value. Value investors often employ "bottom-up" investing, which focuses on individual companies rather than the overall market or industry. Growth investing focuses on companies expected to grow at an above-average rate compared to other companies. Is there a way to introduce a margin of safety to a growth stock using options?
Persons: Dan Ives, Jensen Huang, Vince Lombardi Organizations: Nvidia, Intel Locations: Wedbush
For years, Gallup has asked investors exactly that question, and since 2013 the most popular answer has been the same: real estate. It's tough to say what the best long-term investing option is without knowing the desired outcome." You can invest in real estate via real estate investment trusts, which trade like stocks, or ETFs that hold them. As you pay down your mortgage, you build equity in a piece of real estate that also appreciates in value. Among Americans making less than $40,000 per year, 33% choose real estate as their No.
Persons: Gallup, Stocks, Nick Foulks, Andrew Briggs, Briggs, Gold Organizations: cryptocurrency, Great Waters, National, Advisory, presto
Julia Nikhinson | ReutersDischarging student debt in bankruptcy is now easierThe new guidance has already led to changes. In the first 10 months of the Biden administration's more lenient process, student borrowers filed more than 630 bankruptcy cases, a "significant increase" from recent years, it reported last year. Many borrowers are 'not aware' of changesYet Warren says more work still needs to be done. "More than 43 million borrowers in the United States carry a total of $1.6 trillion in student loan debt, and more than 2 million borrowers have been repaying those loans for at least 20 years," Warren and Whitehouse wrote. "DOJ and ED must work harder to encourage borrowers to seek relief — and deliver on that relief when requested," they added.
Persons: Elizabeth Warren, Julia Nikhinson, Biden, I've, Neu, Warren, Whitehouse Organizations: Intelligence, U.S, Capitol, CNBC, DOJ, The, of Justice and Education Department Locations: Washington, Seattle, United States
DETROIT – General Motors CEO and Chair Mary Barra on Thursday said she has no plans to retire any time soon as she tries to ensure the company's transformation is on "a good path." Barra, who is the longest tenured CEO outside of the company's founder, has been asked about retirement for several years. "I'm having a lot of fun, and I want to make sure we have our transformation on a good path," she said during a fireside chat at a Detroit Economic Club meeting. Barra reiterated she serves at the pleasure of the GM board and that she continues to have "fun." Cruise and EVs, along with software-defined vehicles and services, have been among the largest potential growth areas under Barra, who became CEO in January 2014.
Persons: Mary Barra, Barra, I've, Cruise Organizations: Economic, Washington, DETROIT – General, GM, Detroit Locations: Washington , U.S, DETROIT, San Francisco, Barra
Read previewThe US Navy carrier strike group battling the Houthis in the Red Sea has fired more than 500 munitions throughout its deployment, striking the rebels directly in Yemen and intercepting their missiles and drones. The strike group has leaned on its aircraft and warships to engage targets and defend against varying threats. Sailors observe as an F/A-18E Super Hornet lands on the flight deck aboard the Nimitz-class aircraft carrier USS Dwight D. Eisenhower in the Red Sea on March 12. Aircraft from the strike group have flown more than 27,200 hours across over 12,100 sorties. The Arleigh Burke-class guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on Oct. 19.
Persons: , Dwight D, Eisenhower, Navy Carlos Del Toro, Arleigh Burke, Carney, Aaron Lau, National Intelligence Avril Haines, We've, It's Organizations: Service, US Navy, Eisenhower Carrier Strike, Ike, Business, Nimitz, Hornet, EA, Aircraft, Navy, Tomahawk, National Intelligence, Pentagon Locations: Yemen, Gulf, Aden, Iran, Hessen
Here's how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS' Global Family Office Report 2024. Family offices plan to maintain the same allocation for 2024 – at 16%. Real estate Apart from fixed income, real estate was the other big change in how family offices invested last year, according to UBS. But family offices plan to increase the real estate part of their portfolios — to 12% in 2024, according to the report. Elsewhere, family offices are investing in Western Europe – in sectors such as luxury goods and automation, and in Asia Pacific (35%).
Persons: That's Organizations: UBS, Global, , Globally, Koh Locations: North America, U.S, Western Europe, Asia, Greater China
Their firm, Stelle Lomont Rouhani Architects, quietly became known for a brand of beach modernism that sits lightly in nature, with million-dollar water views of sea grass and open skies. This East Hampton home overlooking the Three Mile Harbor is one of the creations by Stelle Lomont Rouhani Architects. This place to relax in solitude sits near one of the houses designed by Stelle Lomont Rouhani Architects. “Sometimes they got big,” said Mr. Stelle, 77, recalling one with 30,000 square feet. Ms. Rouhani, 54, said she developed the plan “to incorporate this idea of drama” casual enough for family life.
Persons: Fred Stelle, , Calvin Klein, Aerin Lauder, Michael Kors, Stelle, Viola Rouhani, Michael Lomont, Eleanor Donnelly, Stelle Lomont Rouhani, Shawn Henderson, Julie Hillman billow, Mr, Lomont, Lee Furness Jackman, , Hugh Jackman, Furness Jackman, Stelle lopped, Rouhani, Donnelly, Ms, Christie Brinkley Organizations: Hamptons, Mr, Stelle Lomont Rouhani Architects, Eastern Seaboard, Federal Emergency Management Agency, Fleetwood, LaGuardia Design Group Locations: Manhattan, Bridgehampton, Hampton, Australian, East Hampton, Plasticine
A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. China's largest chipmaker SMIC is now the world's third-largest foundry in terms of revenue in the first quarter, according to Counterpoint Research. State-backed SMIC, or Semiconductor Manufacturing International Co. , held a market share of 6% in the first quarter— up from 5% last year, the report showed. This places SMIC behind only Taiwan Semiconductor Manufacturing Company and South Korea's Samsung Foundry which held 62% and 13% of market share in the first quarter respectively. 3 position in foundry revenue market share in Q1 2024 for the first time, as demand recovery begins in China, including CIS, PMIC, IoT, and DDIC applications," showed the Counterpoint Research report published Wednesday.
Persons: GlobalFoundries, Chips, SMIC Organizations: Semiconductor Manufacturing International Corporation, Research, Semiconductor Manufacturing, Co, Taiwan's United Microelectronics Corporation, Taiwan Semiconductor Manufacturing Company, South, Samsung Foundry, CIS Locations: Beijing, China, China's
Snowflake posted $829 million in revenue, while analysts polled by LSEG had called for $786 million. Adjusted earnings for the period came in at 14 cents a share, however, missing the consensus estimate by 4 cents. Beauty — The cosmetics maker added 3.4% after easily surpassing consensus forecasts from analysts surveyed by FactSet for the fiscal fourth quarter. posted 53 cents in earnings per share, excluding items, on $321.1 million in revenue, while analysts penciled in just 33 cents on $292.6 million in revenue. On top of that, LiveRamp offered firm revenue guidance for both the current quarter and full year.
Persons: Snowflake, LSEG, NetEase, FactSet, e.l.f, LiveRamp, Cytokinetics, Goldman Sachs, Morgan Stanley, Ed Bred, Lori Koch, Alibaba, GoodRX, , Jesse Pound, Pia Singh, Yun Li, Tanaya Macheel, Sarah Min, Michelle Fox Organizations: Nvidia, Micro, Taiwan Semiconductor, Bloomberg, Department of Justice, of, News, Corp, JPMorgan, DuPont de Nemours, DuPont, Bloomberg News, Bank of America, RBC, Hasbro —, Hasbro Locations: Southern, of New York,
CNN —Fresh off winning his first major at the PGA Championship, American golfer Xander Schauffele told CNN that world No. 1 Scottie Scheffler was a good person and shouldn’t be facing criminal charges. I know he’s a good dude and there is no mal intent meant by him,” Schauffele told CNN Sport’s Don Riddell on Tuesday. Scheffler (left) and Schauffele wait to putt at this year's Masters Tournament. Scheffler is back on PGA Tour as he tees off Thursday at the Charles Schwab Challenge at Colonial Country Club in Fort Worth, TX
Persons: Fresh, Xander Schauffele, Scottie Scheffler, Scheffler, Schauffele’s, “ Scottie, ” Schauffele, CNN Sport’s Don Riddell, , Scottie, Tannen MauryUPI, Bryan, Gillis, abrasions, , Steven Romines, Romines, ” Romines, ” Scheffler, Charles Schwab Organizations: CNN, PGA Championship, Louisville Metro Police, Valhalla Golf Club, PGA, Colonial Country Club Locations: American, Louisville , Kentucky, Fort Worth , TX
Eyal Ben-Ari tugged at the heavy assault rifle hanging over his shoulder as he tiptoed out of his pink house at sunrise, hoping not to wake his wife or six children. Walking to synagogue in Safed, a hill town above the Sea of Galilee known for centuries as a center of kabbalah, or ancient Jewish mysticism, he said he still didn’t feel great about the gun. Sleeping with the rifle under his pillow, he worried about it being stolen. After his 13-year-old son came home with a toy replica, Mr. Ben-Ari considered returning the real thing, doubting his decision to join the newly formed civilian militia that had given him the weapon. “I feel like it’s very — artificial,” he said, struggling to find the right word in English, looking down at the gun.
Persons: Eyal Ben, Ari tugged, Ben, Ari, , It’s, Locations: Safed, Galilee
A month ago, West forecast Boeing would generate free cash flow "in the low single-digit billions." The company's aircraft deliveries in the first quarter fell to the lowest level since the pandemic. Other problems have also sprung up, including a pause on deliveries of 737 Max planes to China to review batteries for the cockpit voice recorder. Parts shortages have also slowed deliveries of 787 Dreamliners, Boeing has said. American Airlines last month said it would cut some international flights because of delays of the wide-body jets.
Persons: Brian West, West, Dave Calhoun, Max Organizations: American Airlines Boeing, Reagan National, FAA, Boeing, Wolfe Research, Federal Aviation Administration, Civil Aviation Administration, China, American Airlines, United Airlines, Southwest Airlines Locations: Los Angeles, United States, Washington , U.S, China
CNN —Of the dozens of people hurt Tuesday during turbulence on a Singapore Airlines flight from London, more than 20 have suffered spinal injuries, according to a Bangkok hospital that treated some of the passengers. Flight SQ321 from London to Singapore was cruising at 37,000 feet on Tuesday when the plane dropped sharply before climbing several hundred feet, according to flight tracking data. Those injured on the flight included citizens from Australia, Malaysia, the United Kingdom, New Zealand, Spain, the United States and Ireland, the hospital previously said. Of the total 71 passengers who were reported injured on the flight, 55 people remain in hospital, including 40 at the Samitivej Srinakarin facility. Of the passengers and crew on board the original flight, 143 were flown to Singapore on a relief flight sent by Singapore Airlines on Wednesday morning.
Persons: Adinun Kittiratanapaibool, , haven’t, Geoff Kitchen, Organizations: CNN, Singapore Airlines, Thornbury, Theatre Group Locations: London, Bangkok, Thai, Singapore, Australia, Malaysia, United Kingdom , New Zealand, Spain, United States, Ireland
Microsoft CEO Satya Nadella spoke to Stratechery about its $13 billion partnership with OpenAI. "There's going to be competition," he told the tech and media newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Microsoft CEO Satya Nadella believes both forces are at play in its more than $13 billion partnership with OpenAI. "Long-term stability comes from both sides winning on a continuous basis and that's how at least I approach it," Nadella told the media and tech newsletter Stratechery.
Persons: Satya Nadella, Mustafa Suleyman, , Nadella Organizations: OpenAI, Microsoft, Service, Business
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