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Duke Kahanamoku Beach on the island of Oahu crowns the list of the 10 best US beaches put out annually by “Dr. Coopers Beach, located on Long Island, New York, is “shielded from the cold Labrador currents in the beautiful village of Southampton. As for the Sunshine State’s two entries, both beaches are on the Gulf coast, edging out its Atlantic-facing beaches. Duke Kahanamoku Beach: Oahu, Hawaii2. Caladesi Island State Park: Dunedin/Clearwater, Florida5.
Persons: Brady, Duke Kahanamoku Beach, “ Dr, Stephen Leatherman, ” Leatherman, , Leatherman, Coopers, Duke Kahanamoku Organizations: CNN, Duke, Department of Earth, Florida International University, Sunshine, Coopers, Coast Guard, Coronado Locations: Hawaii, Oahu, , Waikiki Beach, Duke Kahanamoku, Miami . Hawaii, , New York, Florida, South Carolina , Massachusetts, California, Coopers Beach, Long, Southampton, United States, Southampton , New York, Wailea, Maui, Caladesi, Dunedin, Clearwater , Florida, Beachwalker, Kiawah, South Carolina, East Hampton , New York, Poipu, Kauai, Wiggins, Naples, Cape Cod , Massachusetts, Coronado Beach, San Diego , California
At a tech conference last week, Mr. Sacks said his view had changed. Such public support for Mr. Trump used to be taboo in Silicon Valley, which has long been seen as a liberal bastion. But frustration with Mr. Biden, Democrats and the state of the world has increasingly driven some of tech’s most prominent venture capitalists to the right. (He is set to co-host the fund-raiser for Mr. Trump alongside Mr. Others, like Marc Andreessen of Andreessen Horowitz and Shaun Maguire of Sequoia Capital, have criticized Mr. Biden without expressing support for Mr. Trump.
Persons: David Sacks, Donald J, Sacks, , Biden, Trump, Mr, Marc Andreessen, Andreessen Horowitz, Shaun Maguire, Keith Rabois Organizations: U.S . Capitol, Trump, Mr, Social Capital, Sequoia Capital, Khosla Ventures, Republicans, Congress Locations: Silicon Valley
New York CNN —The Dow tumbled by more than 600 points Thursday afternoon as all three major indexes moved lower, even after AI-darling Nvidia delivered stellar quarterly earnings and announced a 10-for-1 stock split. Chipmaker Nvidia soared more than 9% as the wider market dropped lower, highlighting a lack of market breadth. The S&P 500 and Nasdaq Composite, which began the day at new intraday highs, fell by 0.8% and 0.5%, respectively. “I think we’re set up for stickier inflation.”“The bond market set the dour mood that we see across much of the market,” wrote Interactive Brokers chief strategist Steve Sosnick on Thursday. “Coming on the back of yesterday’s ‘higher for longer’ Fed Minutes, bond traders were in no mood to hear about a strengthening economy,” wrote Sosnick.
Persons: Dow, , Louis Navellier, Goldman Sachs, David Solomon, “ I’m, , Steve Sosnick Organizations: New, New York CNN, Nvidia, Nasdaq, “ Tech, Navellier, NVIDIA, Federal Reserve, resurging, Boston College, Interactive Brokers, Treasury, , ” Boeing Locations: New York
CNN —Plenty of people are wondering if Jennifer Lopez and Ben Affleck are having problems in their marriage, but one person had the nerve to ask in a public forum. Ben Affleck and Jennifer Lopez in "Gigli." “Jennifer Lopez and Cris Judd have announced they have resolved all issues arising out of their marriage,” the couple’s lawyers said in a statement at the time. “I feel so lucky and happy and proud to be with him,” Lopez told People magazine about reuniting with Affleck. February 2024Ben Affleck and Jennifer Lopez attend a premiere for the film "This Is Me... Now: A Love Story" in Los Angeles in February.
Persons: Jennifer Lopez, Ben Affleck, Lopez, ” Lopez, Affleck, Ben, Jen, , , Chris Judd, “ Jennifer Lopez, Cris Judd, Jenny, Ari Finegold, Harry Winston, Affleck –, Cohen, , Marc Anthony, Paul Hawthorne, “ Marc, Jennifer Garner, Anthony, There’s, Garner, I’ve, Alex Rodriguez, Dimitrios Kambouris, Richard Foreman, Warner, Affleck raved, Rodriguez, Filippo Monteforte, Matt Damon, Kevin Smith, Mario Anzuoni, Reuters Lopez, ’ ”, it’s, you’re, We’re Organizations: CNN, Getty, Warner Bros, Latina, Los, Venice Film, Wall Street, People, Reuters Locations: Mexico, , Jersey, Los Angeles, AFP, Venice, Italy, Las Vegas, Savannah , Georgia
U.S. Calls for Breakup of Ticketmaster Owner
  + stars: | 2024-05-23 | by ( David Mccabe | Ben Sisario | ) www.nytimes.com   time to read: 1 min
The Justice Department on Thursday sued Live Nation Entertainment, the concert giant that owns Ticketmaster, asking a court to break up the company over claims it illegally maintained a monopoly in the live entertainment industry. In the lawsuit, which is joined by 29 states and the District of Columbia, the government accuses Live Nation of dominating the industry by locking venues into exclusive ticketing contracts, pressuring artists to use its services and threatening its rivals with financial retribution. Those tactics, the government argues, have resulted in higher ticket prices for consumers and have stifled innovation and competition throughout the industry. “It is time to break up Live Nation-Ticketmaster,” Merrick Garland, the attorney general, said in a statement announcing the suit, which is being filed in the U.S. District Court for the Southern District of New York.
Persons: ” Merrick Garland Organizations: Department, Thursday, Nation Entertainment, Ticketmaster, District of Columbia, Southern, of Locations: U.S, of New York
Frontier CEO on summer travel: We're going to see record numbers
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrontier CEO on summer travel: We're going to see record numbersCNBC's Phil LeBeau and Frontier Airlines CEO Barry Biffle join 'Money Movers' to discuss Memorial Day travel expectations, consumer outlook, fuel prices, and more.
Persons: Phil LeBeau, Barry Biffle Organizations: Email, Frontier Airlines
CNN —A new portrait of Catherine, Princess of Wales has stoked controversy online, with some royal fans criticizing the work for its portrayal of the future British Queen. The painting, by British-Zambian artist Hannah Uzor, features on the cover of the July issue of Tatler magazine. The Princess of Wales pictured at the state banquet on November 21, 2023. “This looks nothing like the Princess of Wales. Tatler“I agree with the sentiments of strength and dignity but the portrait lacks any resemblance to the Princess of Wales,” said another.
Persons: Catherine , Princess, Hannah Uzor, Catherine, King Charles III’s, Uzor, , Yui Mok, Reuters Uzor, I’m, Wales, , Princess, Alastair Sooke, ” Sooke, Kate Mansey, “ I’m, King Charles III, Jonathan Yeo, King Organizations: CNN, British, Tatler, Reuters, Daily Telegraph, The Times, Welsh Guards Locations: Wales, Zambian, London, British
CNN —The Senate will vote Thursday on a border security bill that is dividing the Democratic caucus and failed earlier this year, exposing rifts within the party even as they try to shift the narrative on border security. Sources say those talks included reviving the stalled border security measure that initially failed after former President Donald Trump told GOP lawmakers to knock it down. “I will not vote for the bill coming to the Senate floor this week because it includes several provisions that will violate Americans’ shared values. Senate Majority Leader Chuck Schumer acknowledged over the weekend that not every Democrat may vote for the bill in a letter to colleagues. They think we’re nuts.”But Republican Sen. James Lankford, a key negotiator on the border bill, said he’ll vote against the measure Thursday.
Persons: Donald Trump, , , ” Sen, Cory Booker, Booker, Chuck Schumer, Sen, Alex Padilla, “ It’s, ” Padilla, Virginia Democratic Sen, Mark Warner, , Republican Sen, Lisa Murkowski, ” Murkowski, James Lankford, CNN’s Kaitlan Collins, Tom Suozzi, Murphy, Schumer, ” Robyn Barnard, ” Barnard, We’ve, Brian Schatz, Maine Sen, Angus King, CNN’s Sam Fossum Organizations: CNN, Democratic, White, New, New Jersey Democrat, Republicans, GOP, Senate, Virginia Democratic, Republican, CNN’s Kaitlan Collins Tuesday, Democrats, Democratic Rep, of, Human, , Democrat Locations: Ukraine, New Jersey, Virginia, Alaska, New, Hawaii, Maine
UK election 2024: Everything you need to know
  + stars: | 2024-05-23 | by ( Rob Picheta | ) edition.cnn.com   time to read: +11 min
Rishi Sunak’s rival for power is Labour leader Keir Starmer, who is heavily favored to become Britain’s new prime minister in July. Labour leader Keir Starmer -- the frontrunner in the election -- launches his campaign in Gillingham on Thursday. Given Labour’s standing in the polls, Starmer is more equipped to take the fight to other groups. In the UK, voters don’t elect a prime minister directly. But this is a formal role only; the King won’t contradict his prime minister or overrule the results of an election.
Persons: CNN —, Rishi Sunak, We’ll, Keir Starmer, Sunak, Downing, Maja Smiejkowska, – Sunak, Boris Johnson’s, Liz Truss, Boris Johnson, Johnson, Stefan Rousseau, Jeremy Corbyn, Theresa May, Sunak hasn’t, , Starmer, Henry Nicholls, Rishi Sunak’s, Gareth Fuller, Reform Party –, David Cameron, King Charles III, won’t Organizations: CNN, CNN — Britain’s, Labour, Reuters, Sunak’s Conservative Party, Liberal Democrats, Conservatives, Conservative, Party, Getty, European Union, Reform Party, Scottish National Party, Green Party, National Health Service Locations: Westminster, Rwanda, England, AFP, Gillingham, Gaza
is a Pulitzer Prize-winning investigative reporter and co-author of “She Said,” which recounts how she and Megan Twohey broke the story of sexual abuse allegations against Harvey Weinstein, helping to ignite the #MeToo movement. Instagram •
Persons: , Said, Megan Twohey, Harvey Weinstein, Instagram
Super PACs, which can accept unlimited donations, are legally barred from coordinating with or donating directly to politicians' campaigns. Advertisement"I'm gratified that a bipartisan group at the FEC has rightly rejected this baseless, headline-seeking complaint," Luke Thompson, the executive director of the super PAC, told Business Insider. "This super PAC was keeping him afloat as a candidate with research, messaging ideas, and all of the stuff that basically allowed him to remain viable." In recent years, it's become increasingly common for campaigns and super PACs to use public websites to get around existing campaign finance laws. Those materials had been funded by Never Back Down, a super PAC supporting the Florida governor.
Persons: , Republican Sen, JD Vance's, Peter Thiel, Donald Trump, Vance, Ellen Weintraub, Luke Thompson, Jonas Edwards, Jenks, Saurav Ghosh, they're, Ghosh, who's, Tim Ryan, Thiel, David Sacks, Rebekah Mercer, it's, Ron DeSantis's Organizations: Service, Commission, Republican, PAC, Campaign, Citizens United, Business, Legal, Citizens, Democratic, FEC, End Citizens, GOP Senate, Florida Gov, Florida Locations: Ohio, Florida
Read previewPersistent inflation and a full-blown recession are still firmly on the table, two Wall Street titans have warned. Jamie Dimon told CNBC on Thursday that sticky inflation is more likely than many people think. Dimon said the "worst outcome" would be stagflation — a painful combination of elevated inflation, higher rates, and a recession that would hit consumers and pull down corporate profits. No cuts and a real slowdownDavid Solomon struck a similar tone at a Boston College event on Wednesday, Bloomberg reported. Solomon also said in March that he was less certain of a soft landing than the market consensus.
Persons: , Jamie Dimon, Dimon, David Solomon, Goldman Sachs, Solomon Organizations: Service, Wall, CNBC, JPMorgan, Business, Federal Reserve, Boston, Bloomberg
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
We're using the closing prices here to make it easier to detect a "bullish momentum divergence," which is where prices are trending down, but price momentum is actually trending higher. This disagreement between price and momentum often occurs at market lows and can serve as an important indicator of a trend rotation. In August-September 2023, this bullish divergence led to a 20% rally into year-end 2023. Off the COVID low in 2020, we've seen fairly consistent support around $110, which was last tested in March 2023. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: we've, David Keller Organizations: Arts, EA, Electronic Arts, RSI, CMT
So You Think You’re a Jet-Setter? Test Your Airport I.Q. If you’re planning to fly this Memorial Day weekend, gird yourself. The Transportation Security Administration forecasts it will scan up to 18 million passengers and crew members through Wednesday — 6.4 percent more than last year. Maybe you’ll need a moment of respite from those crowds, so why not step off the moving walkway, snag a comfy seat and take this quiz about airports?
Organizations: Transportation Security Administration
October, a speech-language pathologist for New York City Public Schools, started her journey toward financial independence a few years ago. October is one of many millennials who are working toward achieving financial independence, one of the main goals of the FIRE — financial independence, retire early — community. Some millennials who successfully achieved financial independence told BI that a traditional retirement is overrated. Advertisement"The whole time I've been thinking in terms of my financial independence as what I call single-player mode. She sees financial independence as an extension of her drive to fulfill passion projects.
Persons: , Shelly, she'll, she's, She's, millennials, They're, Scott Rieckens, Millennials, Oz Chen, he's, Oz Chen He's, hasn't, I'm, Chen, Gabriela Ariza, Ariza, David, Jill Pawley, Jilly Pawley, they'll, they've, It's, Jill Organizations: Service, New York City Public Schools, Business, Neighborhood Assistance Corporation of America Locations: Yonkers, New York City, Los Angeles, Illinois, Chicago, Rockford, Haiti, Michigan
Warner Bros. It's the latest turn in what's been a relatively messy renegotiation for Warner Bros. Warner Bros. Warner Bros. Spokespeople for the NBA, Warner Bros.
Persons: Jalen, what's, Warner's Turner, David Zaslav, hasn't, NBCUniversal Organizations: Jalen Brunson, New York Knicks, Indiana Pacers, Warner Bros, National Basketball Association, Disney, Warner's Turner Sports, NBA, Discovery, , Warner Bros ., Amazon Locations: Madison, New York City , New York
Addressing Immigration
  + stars: | 2024-05-23 | by ( David Leonhardt | ) www.nytimes.com   time to read: +1 min
President Biden and his aides describe this year’s election as crucial — existential, even — because of Donald Trump’s hostility to democracy. Yet given the election’s importance, the Biden administration has been notably slow to address one of his biggest political vulnerabilities: immigration. Polls show that immigration is a top concern of voters, often trailing only the economy. Most voters are unhappy with Biden’s handling of the issue and say they trust Trump more on it. Despite this situation, the White House has been reluctant to act aggressively for most of the past few years.
Persons: Biden, Donald Trump’s, Trump Organizations: Democratic, White, Politico
CNN —A panel of New York State appellate judges denied Donald Trump’s appeal to move his criminal trial — which has been going on for six weeks — out of Manhattan to another county. All of Trump’s emergency appellate requests to delay the trial were denied at the time, and since then, the court has denied Trump’s motions on the underlying issues. Five days before the trial got underway, Trump’s lawyers had asked the appeals court to delay the trial pending an appellate ruling on these issues. That request was denied after an emergency hearing on April 10, and the order issued on Thursday now dismisses the petition. Trump can ask the appeals court to consider the issues in a direct appeal after a final judgment in the trial, the ruling says.
Persons: Donald Trump’s, Cliff Robert, , ” Trump, Judge Juan Merchan’s, Trump Organizations: CNN, New, Trump, Manhattan District Locations: New York State, Manhattan
JPMorgan is testing a generative AI "copilot" within its private bank, a move that is already saving advisors a couple of hours a day. AdvertisementHow Donnelly's team drives innovation in the private bankJPMorgan's private bank caters to clients with at least $10 million in assets. The unit's $974 billion in assets are managed by just over 3,500 client advisors. When the CEO of JPM's private bank tapped an advisor with little to no technical experience to lead digital product for his division, it was intentional. He didn't "want the individuals that are deciding the advisor experience and client experience not to sit amongst the front-office users," she said.
Persons: Karen Donnelly, Donnelly, Morgan Stanley, Mary Erdoes, Dan Pinto's, JPMorgan's, She's, aren't, David Frame, , Donnelly doesn't, gunning Organizations: Service, JPMorgan, Business, Advisors, ChatGPT
Port Canaveral announced new plans to build a seventh cruise terminal by 2026. But Port Canaveral is running out of space as demand for these vacation voyages continues to skyrocket. When complete, it could accommodate the world's largest cruise ships, including Royal Caribbean's new 1,198-foot-long, 9,950-person-capacity Icon of the Seas. The project would've taken three to four years to complete — too long a timeline for Port Canaveral. "We can't shut down operations at Port Canaveral because the state can't get the road infrastructure in a timely manner," he added.
Persons: , John Murray, Murray, Royal Caribbean's, Brittany Chang, Ross Klein, UCG, Jamie Glasner, Glasner Organizations: Canaveral, Infrastructure, Service, Disney, Sunshine State, Port Canaveral, Canaveral Port, Royal, Business, MSC Group, Disney Cruise, Memorial University of Newfoundland, Glasner, US Customs, Border Protection, Florida Department Locations: Florida, Miami, Canaveral, Port Canaveral, Port, Caribbean
Primatologist Mireya Mayor breaks down 10 monkey and ape attacks in movies, including "King Kong," based on realism. Mayor also breaks down the evolution of ape and monkeys, such as the common ancestor of humans and apes, the hominin, in "2001: A Space Odyssey"; the Gigantopithecus in "The Jungle Book" (2016); and the capuchin monkey in "Night at the Museum," with Ben Stiller. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Primatologist, King Kong, debunks, King, Jack Black, Naomi Watts, Gordy, Daniel Kaluuya, Steven Yeun, Keke Palmer, James Franco, Dwayne Johnson, Kevin Hart, Ben Stiller Organizations: Business Locations: King, King Kong, Awkwafina
Investors can still bank on a share-boosting sale of Atlanta Braves Holdings , according to Rosenblatt Securities. In a report out on Wednesday, Rosenblatt analyst Barton Crockett brushed off remarks from Liberty Media chairman John Malone late last week that the Braves were "not for sale." Liberty Media owns 17% of the Braves' Series C non-voting shares that trade under ticker symbol BATRK, Malone another 6% and Braves and Liberty Media CEO Gregory Maffei some 2.25%, according to FacSet data. Majority control of the Braves' voting stock remains in Malone and Liberty's hands. That date refers to the one-year anniversary of the Braves Holdings spinoff from Liberty Media in 2023.
Persons: Rosenblatt, Barton Crockett, John Malone, Crockett, Malone, Gregory Maffei, Liberty's, pining, David Joyce Organizations: Atlanta Braves Holdings, Rosenblatt Securities, Liberty Media, Braves, Braves Holdings, National League Division, Major League Baseball, ESPN, Seaport, National League Locations: Wednesday's, Malone
The decision by Spain, Norway and Ireland to recognize an independent Palestinian state reflects growing exasperation with the Israel of Prime Minister Benjamin Netanyahu, even from traditional friends, and suggests that international pressure on him will grow. It does not, however, make it inevitable that other larger European states will follow suit. This year President Emmanuel Macron of France has said such recognition is “not a taboo,” a position reiterated by the French Foreign Ministry on Wednesday. “This decision must be useful, that is to say allow a decisive step forward on the political level,” Foreign Minister Stéphane Séjourné said in a statement about potential recognition. “France does not consider that the conditions have been met to date for this decision to have a real impact on this process.”
Persons: Benjamin Netanyahu, Emmanuel Macron, David Cameron, Stéphane Séjourné, Organizations: French Foreign Ministry Locations: Spain, Norway, Ireland, Israel, France, Palestinian, Europe, United States, “ France
Earnings Per Share : $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates. : $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates. Revenue: $26.04 billion vs. $24.65 billion expected by LSEG Nvidia said it expected sales of $28 billion in the current quarter. Wall Street was anticipating earnings per share of $5.95 on sales of $26.61 billion, according to LSEG. Nvidia said its data center category rose 427% from the year-ago quarter to $22.6 billion in revenue.
Persons: Jensen Huang, Blackwell, Nvidia, David Paul Morris, Colette Kress, Lama, Kress Organizations: Nvidia, Nvidia Corp, Technology Conference, Bloomberg, Getty, Google, Microsoft, Meta Locations: San Jose , California
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