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Insider Today: Asia's superpower clash
  + stars: | 2024-06-09 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
The latest to get in on the act: Tesla, which is selling a $450 bottle of mezcal on its website. The election result was a blow to Modi, who has governed India for a decade with an increasingly firm grip. India watchers expect the country's new government to move slower on some issues following the surprise election result. NvidiaGoing up against Nvidia is generally considered a pretty bad idea for startups in Silicon Valley. But Silicon Valley often thrives when true technologists keep hacking away at something they believe in, even if everyone else thinks it's dumb.
Persons: , Narendra Modi, SAJJAD HUSSAIN, Modi, He'll, Jamie Dimon, Dominic Bugatto, Alyssa Powell, hawking, Goldman Sachs, Goldman, HWA CHENG, Chelsea Jia Organizations: Service, Business, Bharatiya Janata Party's, Bharatiya Janata Party, titans, UN Security Council, Southern, Southern District of, Goldman, BI, HWA, Getty Images, Nvidia Locations: India, New Delhi, China, Southern District, Southern District of Texas, Salt Lake City, Nashville, Atlanta, AFP, Silicon Valley
3 Carlos Alcaraz has not yet lost a grand slam final in his young career, defeating Casper Ruud in the 2022 US Open final and Novak Djokovic in that epic five-set Wimbledon final last year. 4 Alexander Zverev in the men’s singles French Open final on Sunday. It was at the French Open two years ago where he sustained an ankle injury that forced him to retire from his semifinal against Nadal and ended his season. Reaching this final, on the back of an Australian Open semifinal in January, confirms his comeback to the top echelons of the sport. “(Alcaraz) played a fantastic match today and fantastic tournament in general, I’m expecting a very difficult match.”How to watchThe men’s French Open final will begin at 3 p.m. (9 a.m.
Persons: Carlos Alcaraz, Casper Ruud, Novak Djokovic, Alexander Zverev, Roland Garros, Djokovic, Rafael Nadal, Jannik, Dimitar Dilkoff, ” Alcaraz, Juan Carlos Ferrero’s, , Rafa, Ferrero, Carlos, Moyá, Albert, Costa, Zverev, Norway’s Casper Ruud, Ruud, Dominic Thiem, , I’m Organizations: CNN, Wimbledon, Roland, Getty, Nadal, NBC, Eurosport Locations: AFP, Juan Carlos Ferrero’s French, Berlin, Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.
Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.
Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia
Jacqueline Winspear Read a History of Cocaine as Research
  + stars: | 2024-06-06 | by ( ) www.nytimes.com   time to read: +1 min
“War” by Sebastian Junger, “End Times” by Peter Turchin and “The Unwinding,” the fabulous book by illustrator/writer Jackie Morris. No one should be surprised by a writer’s library. We all read well beyond the literary forms for which we are known. However, a friend was scanning my shelves and asked, “Why do you have that book on cocaine?” Dominic Streatfeild’s “Cocaine: An Unauthorized Biography” is a terrific book — I read it for background research. Sometimes my mother would comment, “I think that book will mean more to you when you’re older, love.”
Persons: Sebastian Junger, Peter Turchin, Jackie Morris, ” Dominic Streatfeild’s, , Organizations:
AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.
Persons: , Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London
East West Bancorp shares have eked out a small gain in 2024, up 2%. Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. American dream = home ownershipPart of what's helping East West succeed with Asian Americans goes all the way back to its origins. East West Bancorp was founded in 1973 as a federal savings and loan in the Los Angeles area to service the Chinese American and immigrant community struggling to obtain mortgages and business loans. East West also drives cross-border activity between the U.S. and other Asian countries, such as Thailand and Vietnam.
Persons: Alexander Yokum, Wells, Timur Braziler, Fannie Mae, Freddie Mac, , Braziler, Christopher Del Moral, Niles, it's, Del, Steven Leung, Leung, CFRA's Yokum, Yokum, Dominic Ng, that's Organizations: East West Bancorp, Regional Banking, Bancorp, West Bancorp, CFRA, Federal Housing Finance Agency, East, East West, U.S, Bancorp's Locations: Southern California, U.S, United States, East, Los Angeles, Asia, FactSet, East West, New York, Beijing, China, Shanghai, Thailand, Vietnam, Washington
The Week That Was: DOJ sues Live Nation
  + stars: | 2024-05-24 | 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 EmailThe Week That Was: DOJ sues Live NationCNBC's Dominic Chu looks back at the week's top business and financial stories.
Persons: Dominic Chu Organizations: DOJ
CNN —The US embassy in London is refusing to pay more than $18.6 million in charges from unpaid congestion fees, according to Transport for London (TfL), which oversees the city’s vast transport network. The congestion charge was introduced in 2003 in order to stem traffic and pollution in central London. However, TfL is insisting that in agreement with the UK government, London’s congestion charge constitutes a service and not tax. As of December 31, 2023, a total of 161 embassies, high commissions and consulates owed more than $182 million combined in unpaid congestion charge fees, according to TfL data. According to TfL’s figures, the Japanese embassy owes the second highest amount from unpaid congestion charge fees, at around $12.8 million.
Persons: , Dominic Raab Organizations: CNN, Transport, London, Drivers, TfL, International Court of Justice, Diplomatic Relations, U.S . Government, CNN “, of, Embassy, Foreign Office Locations: London, Vienna, of Japan
Shein in discussions about London IPO, UK minister says
  + stars: | 2024-05-20 | 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 EmailShein in discussions about London IPO, UK minister saysLord Dominic Johnson, minister of state in the U.K.'s Department for Business Trade, says the government has been in talks with retail giant Shein about a possible listing on the London Stock Exchange.
Persons: Lord Dominic Johnson Organizations: London, Department for Business Trade, London Stock Exchange
The Chinese-founded fast-fashion giant is reported to have turned its attention to the LSE after facing regulatory and political challenges over a potential initial public offering in New York. U.S. lawmakers have raised several concerns about Shein, including over the transparency of its supply chain. The LSE has struggled to court high-growth companies in recent years compared with markets in Asia and the U.S., and has recently lost significant players including travel group TUI and cybersecurity firm Darktrace. However, British computing startup Raspberry Pi last week said it plans to list in London. CNBC has contacted Shein for comment.
Persons: Lord Dominic Johnson, Johnson, Shein, — Jenni Reid Organizations: London Stock Exchange, Department for Business Trade, CNBC, LSE, New York . Locations: New York, New York . U.S, Asia, U.S, London
Manchester City are the 2023-24 Premier League champions — the first time in 135 years of top-flight football that a club has won the English league title four seasons in a row. At 15:59, the situation was simple: Arsenal needed to win, and required City to drop points against West Ham. After West Ham pulled one back, and Arsenal levelled at Everton, it was extremely nervy at the Etihad until Rodri made it 3-1. (Catherine Ivill – AMA/Getty Images)Another City goal pierced the atmosphere in the second half, until the late match winner supplied by Kai Havertz. Rodri’s game-sealing curled finish had shades of his winner against Inter in the Champions League final.
Persons: Phil Foden, Foden, West Ham’s Mohammed Kudus, Rodri, Kai Havertz, Mikel Arteta’s, Frank Lampard’s, Robbie Jay Barratt –, West Ham, Sam Lee, Declan Rice, Idrissa, ricochet, Tomiyasu’s, bedlam, Catherine Ivill –, Amy Lawrence, Sean, Dominic Calvert, Lewin, Dyche, Adrian Dennis, Michael Cox, David Moyes ’, Pep, Alphonse Areola’s, Erling Haaland’s, Josko, Kevin De Bruyne, Jeremy Doku, Bernardo Silva, Martin Rickett, Moyes, Ham, Vladimir Coufal’s, Kudus, Ahmed Walid, , Bernardo Silva’s, Christian Eriksen, Liam Tharme, Goliath, Arsenal’s David, you’ve, Naomi Baker, Guardiola, Sam Lee Farewell Thomas Partey, Thomas Partey, Partey, Arteta, Jorginho, Partey’s, James McNicholas, Amy Lawrence Amy Lawrence Organizations: Manchester City, Premier League, , Arsenal, West, City, Aston Villa, Liverpool, Emirates, Everton, Arsenal —, League, Etihad, Football, Manchester City’s, Getty, West Ham United, West Ham, Inter, Champions League, The Emirates Locations: West Ham, West, Kai, City, AFP, Manchester
The Kirkland Signature smoked salmon and Boursin gournay cheese are delicious on toast. My wife loves mandarins and the Kirkland Signature creamy almond butter. We pay $120 for an executive Costco membership, which saves us money by giving us up to $1,000 back on qualified purchases each year. Since I work from home and my wife is a teacher, we prioritize buying quick, nutritious breakfast items we can grab before the workday starts. Here are 10 breakfast items we always keep on hand.
Persons: mandarins, Organizations: Costco, Kirkland, Service, Business
The Week That Was: May 17, 2024
  + stars: | 2024-05-17 | 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 EmailThe Week That Was: May 17, 2024CNBC's Dominic Chu looks back at the past week's top business and financial stories.
Persons: Dominic Chu
The Week Ahead: May 17, 2024
  + stars: | 2024-05-17 | 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 EmailThe Week Ahead: May 17, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
Persons: Dominic Chu
Hong Kong CNN —Hong Kong’s leader responded on Tuesday after three people were charged by British police for allegedly spying on behalf of the city’s intelligence services. Relations between Hong Kong and its former colonial ruler Britain have soured in recent years following mass pro-democracy protests in the Chinese city in 2019 and 2020. The British government has criticized Hong Kong’s Beijing-backed crackdown on almost all opposition in the years following the protests, while Hong Kong authorities have bristled at Britain providing a safe haven for pro-democracy leaders sought by the Hong Kong police. Hong Kong leader Lee noted in his Tuesday news conference that one of the men charged was the office manager of the Hong Kong Economic and Trade Office in London but did not directly address a question over whether it was involved in surveillance of Hong Kong dissidents in the UK. Hong Kong Chief Executive John Lee is speaking at a press conference on April 30, 2024.
Persons: Hong, Chi Leung, Peter, Wai, Matthew Trickett, Chung Biu Yuen, Hong Kong’s, John Lee, ” Lee, Chi Leung Wai, Yui Mok, Jonathan Brady, Yuen, Louisa Cieciora, Lee, Vernon Yuen, , Dominic Murphy Organizations: Hong Kong CNN, British, Hong, city’s Metropolitan Police, Hong Kong, Embassy, Westminster Magistrates, Administrative, Police, Hong Kong Economic, Trade Office, . Hong, Economic, Trade, Metropolitan Police, UK National Security, Crown Prosecution Service, Command, Met Police Locations: Hong Kong, Westminster, London, city’s, Britain, Hong Kong’s Beijing, . Hong Kong, England
“People are like ‘OK, Sweden is the spiritual home of Eurovision’ – I see Eurovision as this moving entity,” she tells CNN. “The whole product, ABBA, is a vibe, isn’t it?”ABBA sing "Waterloo" at Eurovision 50 years ago. But ABBA are the past; Baby Lasagne, Windows95Man and Nemo – a person, not a fish – are very much the present. This year’s slim favorite is Baby Lasagne, whose arena-pounding anthem “Rim Tim Tagi Dim” describes a brain drain affecting Croatian towns. He credits his fiancée with helping him launch his career – “She’s the lasagne, and I’m just the baby,” he tells CNN.
Persons: Paul Anka, Abba –, Loreen, , , Loreen –, they’ve, ” Loreen, Olle Lindeborg, Lasagne, Nemo, Sarah Bonnici, aga, you’d, Music ”, Dominic Lipinski, Marcus, Martinus, , – “, I’m, Switzerland’s Nemo, ” Nemo, ” Joost Klein's, Jens Büttner, Joost Klein, Teemu Keisteri, he’s, Windows95Man, it’s, Belgium’s Mustii, Bonnie Tyler’s, Sanjin, Marina Satti, Hera Bjork, ” Saba, Slimane, who’s, ” Poland’s Luna, Jeff Spicer, ” we’re, Luna “, doesn’t, we’re, ” Portugal’s, … “, Alyona Alyona, Jerry Heil, Jens Bittner, ” Joost Klein, bro, airdropped, Angelina, Greta Thunberg, Eden Golan, audibly, they’ll, oddballs gunning Organizations: CNN, Waterloo, Malmo, Eurovision, Getty, Pulitzer, aga … aaa, aaa, United, Music, MAG, San, ” “ Hurricanes, Israel, European Broadcasting Union Locations: Sweden, AFP, Malmo, Europe, Armenia, wail, Gaza, Israel
The Week Ahead: May 10, 2024
  + stars: | 2024-05-10 | 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 EmailThe Week Ahead: May 10, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
Persons: Dominic Chu
The Week Ahead: May 3, 2024
  + stars: | 2024-05-04 | 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 EmailThe Week Ahead: May 3, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
Persons: Dominic Chu
The Week That Was: May 3, 2024
  + stars: | 2024-05-04 | 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 EmailThe Week That Was: May 3, 2024CNBC's Dominic Chu looks back at the past week's top business and financial stories.
Persons: Dominic Chu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: How to profit from Warren Buffett's methods in investing and lifeCNBC's Dominic Chu interviews Berkshire investor Bill Stone, the CIO at Glenview Trust Company, in this special CNBC Pro Talk ahead of the 2024 Berkshire annual shareholders meeting. CNBC Pro's Yun Li also joins to preview Berkshire's annual meeting and what investors can expect from the Oracle of Omaha.
Persons: Warren, CNBC's Dominic Chu, Bill Stone, Yun Li Organizations: Glenview Trust Company, CNBC, Berkshire, Oracle Locations: Berkshire, Omaha
Bill Stone, chief investment officer at Glenview Trust, has attended 20 Berkshire Hathaway annual shareholder meetings in Omaha, Nebraska. A longtime Warren Buffett disciple and a Berkshire shareholder since 1999, Stone's own investing style has been inspired by the "Oracle of Omaha" — a value-oriented approach with an emphasis on the so-called margin of safety. "You look at stocks, not as pieces of paper, but as businesses," he said in CNBC's latest Pro Talks . Can I possibly forecast that they'll continue to earn these profits?" Ahead of this year's "Woodstock for Capitalists" Saturday, Stone shared what he's learned from Buffett's investing philosophy and what he expects from the annual meeting without the late Charlie Munger.
Persons: Bill Stone, Warren Buffett, Stone, he's, Charlie Munger, Charlie Munger . Stone, Dominic Chu, Yun Li, Salomon Brothers Buffett Organizations: Glenview Trust, Berkshire Hathaway, Charlie Munger ., CNBC's Locations: Glenview, Omaha , Nebraska, Berkshire, Omaha, Woodstock
Though the music festival begins this month and tickets are going quickly, there are still a few avenues for how to buy Bottlerock Napa Valley 2024 tickets. If you're still wondering how to buy tickets to BottleRock Napa Valley 2024, we've got you covered. BottleRock Napa Valley 2024 scheduleFour different types of tickets can be purchased for the three dates of BottleRock Napa Valley's festival. Date City StubHub prices Vivid Seats prices Time May 24, 2024 Napa, California $186 $174 12 p.m. May 25, 2024 Napa, California $160 $173 12 p.m. May 26, 2024 Napa, California $191 $207 12 p.m. May 24–26, 2024 Napa, California $250 $244 12 p.m.How to buy tickets for BottleRock Napa Valley 2024 music festivalSince BottleRock Napa Valley 2024 tickets went on sale in January, the number of remaining original tickets is extremely limited. Very few original BottleRock Napa Valley 2024 tickets remain, which means there's only one price available on the festival's site.
Persons: Tom Petty, Stevie Wonder, Miley Cyrus, Stevie Nicks, Pearl Jam, Ed Sheeran, Megan Thee, we've, Vincent, Nelly, Miike Snow, Bebe Rexha, Jessie Murph, Gogol, Loveless, Pete Yorn, Royal Otis, The Moss, Chris Shiflett, Grace Bowers, Alexsucks, Con Brio, Akira Galaxy, Sage Bava, Kali Uchis, Oliver Tree, Holly Humberstone, Jack Kays, Mondo Cozmo, John Cruz, Linka Moja, Grace McKagan, Mama Said, DJ, Queens, Dominic Fike, Norah Jones, Stephen Sanchez, Bronson, Stephen Marley, Talib Kweli, Monsieur Periné, Brittany Davis, Forrest Day, Jane Leo, Jared Harper, Naima, Sophia Zamani Organizations: Business, Sunday, Vivid, Pearl, Record Company, Napa Valley Youth, Colony, Rebels, Silverado Locations: Northern California, Napa, Napa Valley, California, BottleRock, StubHub, Royal, The, Colony House, Mononeon, Tors
London CNN —A photograph of a beaming Princess Charlotte has been released by the Prince and Princess of Wales to mark her ninth birthday. The children, from left, are Prince George, Prince Louis, Princess Charlotte, Savannah Phillips, Isla Phillips, Lena Tindall and Mia Tindall. The Duchess of Cambridge/Getty Images The Prince and Princess of Wales have released a photo of Princess Charlotte to mark her ninth birthday on Thursday, May 2. Carl Court/AFP/Getty Images Princess Charlotte, William and Catherine's middle child, is seen in this handout photo released on May 1, 2021, a day before her sixth birthday. The Duchess of Cambridge via Getty Images Princess Charlotte playfully sticks out her tongue while attending a King's Cup regatta with her mother in 2019.
Persons: Charlotte, Prince, Princess, , Catherine , Princess of Wales, Prince Louis ’, Prince William, Kate, Kensington, It’s, Princess Charlotte, Charlotte’s, Queen Elizabeth II, Prince Philip, Prince George, Prince Louis , Princess, Savannah, Isla Phillips, Lena Tindall, Mia Tindall, Duchess, Wales, Wales Prince George, William, George, Samir Hussein, Barack Obama, Pete Souza, Carl Court, Prince George . The Duchess, Cambridge, Chris Jackson, Ben Stansall, Prince Louis, Louis, AP Prince Louis, Kate's, Catherine, Prince Harry, Meghan, Duchess of, Prince Archie, Archie, Toby Melville, Prince Archie of Sussex, Dominic Lipinski, Eugenie, Jack Brooksbank, Princess Beatrice, Sienna, Prince Andrew . Princess Eugenie, Prince Edward, James, Earl of Wessex, Sophie, Lady Louise Mountbatten, Louise, Steve Parsons, Cousins Mia Tindall, Savannah Phillips, Princess Eugenie, Princess Anne, Mia, Mike, Zara Tindall, Peter, Autumn Phillips, Max Mumby, Savannah's, Zara Tindall's, Lena, Zara, Lucas, , Queen Elizabeth II’s, King Charles ’, wasn’t, That’s, Charlotte Elizabeth Diana Organizations: London CNN, CNN, Westminster Abbey, St, of England High, Getty, Kensington Palace, William, AP, Press Association, CNN’s Royal, Mary’s Locations: Wales, Windsor, Kensington, Sandringham, Norfolk, London, UK’s, Midlands, St Michael’s, Prince Louis , Princess Charlotte, Savannah Phillips, Cambridge, AFP, Duchess of Sussex, South Africa, Edinburgh, Mia, Savannah, Wellington, Charlotte, British, St
Banks help fund the vast majority of renewable energy projects through tax equity investments, which allow the banks to benefit from federal tax credits for renewable energy. Currently, renewable energy draws $18 billion to $20 billion annually through tax equity investments, according to the American Council on Renewable Energy. "Many people joke that we're on the 'solar-coaster,'" Torres said about the ups and downs of renewable energy. The higher capital requirements for renewable energy projects in Basel III puts the regulation on a collision course with the Biden administration's push for cleaner and greener energy sources. "The clean energy industry's experience with tax equity investments does not warrant such a radical change," the group's letter read.
Persons: Julian Torres, Torres, he's, Banks, Jerome Powell, Biden, Dominic Lacy, Sean Casten Organizations: D.C, Gallaudet University, Washington , D.C, Gallaudet, Federal Reserve, FDIC, American Council, Renewable Energy, Basel III, Tesla, American Bankers Association, Bank, Institute, Clean Energy State Alliance Locations: Washington ,, Basel
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