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Sean "Diddy" Combs is no longer an owner of the media company helped found. Combs sold his majority stake in Revolt following a slew of allegations from those once close to him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSean "Diddy" Combs has sold his majority stake in Revolt, the media company he cofounded. As first reported by The New York Times, the organization announced Tuesday that Combs had officially sold his shares, over a decade after Revolt first launched.
Persons: Sean, Diddy, Combs, Organizations: Service, The New York Times, The Times, Business
CNN —A cyberattack on a contractor to England’s National Health Service has forced several major hospitals in London to cancel operations, blood tests and appointments and send patients elsewhere. King’s College Hospital, Guy’s and St Thomas’ have all been affected, as have numerous primary care providers in the UK capital, a spokesperson for the National Health Service (NHS) said Tuesday. The hospitals and providers affected are all partnered with Synnovis, a company that provides lab services to the NHS. Mark Dollar, the CEO of Synnovis, said the company was “incredibly sorry for the inconvenience and upset this is causing to patients, service users and anyone else affected. We are doing our best to minimize the impact and will stay in touch with local NHS services to keep people up to date with developments.”
Persons: Thomas ’, Oliver Dowson, Thomas ’ –, , , Vanessa Welham, Ciaran Martin, ” Martin, Mark Dollar Organizations: CNN, National Health Service, King’s College Hospital, Synnovis, NHS, Royal, Guy’s, Gracefield, Cyber Security, Cyber Operations Locations: London, Guy’s, Royal Brompton, Streatham
The same media outlets and figures who have told their audiences that there is a “two-tiered justice system” in America, are now prominently covering a trial in which Biden’s own Justice Department prosecutes his son. If Biden is rigging the justice system, he is doing a lousy job. However, while Trump’s trial was treated as an illegitimate “sham” by the MAGA Media machine, the Hunter Biden trial is being portrayed in a markedly different light. Regardless of what happens in the Hunter Biden trial, however, Trump’s media allies will still undoubtedly claim that the justice system is rigged. But, even if Hunter Biden is found guilty, audiences will be told that he got off easy and should have been hit with more severe charges.
Persons: Donald Trump’s, Hunter Biden, Sean Hannity, Laura Ingraham, Jesse Watters, , Joe Biden’s, Department prosecutes, Biden, , Biden’s, don’t, It’s Organizations: New York CNN, Fox, Department, Fox News, MAGA, Democratic Party, Republican Party, GOP, MAGA Media Locations: New York, America
Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank nearly 13% and headed for their worst day since 2021. Bath & Body Works expects earnings to range between 31 cents and 36 cents a share, behind a FactSet estimate of 38 cents in earnings per share. Saia — The freight company popped 6.7% after it posted higher less-than-truckload shipments per workday for April and May compared to a year earlier. Shares of BP and Exxon Mobil fell around 2.3% and 1.6%, respectively, while Diamondback Energy and Chevron shares fell nearly 1%. Stanley Black & Decker — The industrials stock fell about 3.7% after Barclays downgraded the stock to equal weight from overweight.
Persons: Keith Gill, Goldman Sachs, TZE, Goldman, Stanley Black, Decker, Julian Mitchell, Oppenheimer, Jed Kelly, , Samantha Subin, Michelle Fox, Yun Li, Pia Singh, Lisa Han Organizations: Body, O Cruises, Carnival Cruise, GameStop, Street, Trade, Dominion Freight, Technologies, Energy, BP, Exxon Mobil, Diamondback Energy, Chevron, Barclays
Waste Management to acquire Stericycle in $7.2 billion deal
  + stars: | 2024-06-03 | by ( Sean Conlon | ) www.cnbc.com   time to read: +1 min
An employee cleans his company vehicle at the Waste Management facility on February 12, 2024 in Austin, Texas. Waste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the companies announced Monday. Under the agreement, WM will acquire all outstanding shares of Stericycle for $62 per share in cash. Following the announcement, shares of Stericycle rose more than 16% in premarket trading Monday, while shares of WM fell nearly 2%. The announcement comes one day after The Wall Street Journal reported that WM was nearing a deal to buy Stericycle.
Persons: Stericycle Organizations: Waste Management, WM, Bloomberg, Street Journal Locations: Austin , Texas, Illinois, Stericycle
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New York CNN —A new Utah lawsuit accuses TikTok of enabling the sexual exploitation of children through its livestreaming feature. TikTok live allows users to post live videos to the platform, where they can interact with viewers and respond to comments in real time. It also claims that TikTok has insufficient age verification and enforcement measures to ensure the app is being used safely. TikTok has repeatedly pushed back on claims that it is harmful to children’s wellbeing, saying it supports young users with various tools such as automatic time limits. The new Utah lawsuit, which is heavily redacted, claims TikTok has been aware of the misuse of its live feature but has failed to take adequate steps to address the issue.
Persons: TikTok, ” —, Sean Reyes, Michael Hughes, Joe Biden, Organizations: New, New York CNN, Utah Locations: New York, Utah, Arkansas, New York City, TikTok, United States, livestream
Waste Management , Stericycle — Waste Management is buying Stericycle for $7.2 billion , the companies announced on Monday. Stericycle shares jumped nearly 15%, while Waste Management slid 4%. Spotify — The music streaming company climbed 4% following its announcement of premium subscription price increases in the U.S. in July. Lattice Semiconductor , Coherent — Lattice shares dove 11% after CEO Jim Anderson left to take the helm at Coherent, whose stock price jumped 17%. Krispy Kreme — Shares of the company rose 2% after it was upgraded to overweight at JPMorgan.
Persons: Keith Gill, Gill, Stericycle, CNBC's David Faber, Skydance, Shari Redstone, Jim Anderson, Esam, Dickinson, Edwards, Narendra Modi, Claudia Sheinbaum, Cava, Blackwell, Krispy Kreme, Masimo, Piper, Piper Sandler, Goldman Sachs, Goldman, — CNBC's Sean Colon, Yun Li, Pia Singh, Michelle Fox, Christina Cheddar, Berk Organizations: GameStop, DeepF, AMC, New York Stock Exchange, Waste Management, Spotify, GSK, Court, Paramount Global, Lattice Semiconductor, Company, Bloomberg News, JPMorgan, Nvidia, AMD, Bank of America, Therapeutics, Autodesk Locations: U.S, Swedish, Delaware, Becton, India, Mexico
The IOC has placed restrictions on Russian athletes’ participation in the Paris Olympics because of Russia’s war on Ukraine. French President Emmanuel Macron’s refusal to rule out the possibility of sending French troops to Ukraine has infuriated the Russian government. Hany Farid, a digital forensic expert and professor at UC Berkley, said the video had hallmarks of being manipulate using AI. But Lee Foster, another information operations expert, expressed skepticism that the imagery in the video was made using AI. Officials at the Paris Olympics are bracing for a similar threat next month.
Persons: denigrate, Tom Cruise’s, Gavin Wilde, irrelevance, ” Wilde, Emmanuel Macron’s, Matthew Miller, Miller, Hany Farid, Farid, ” Farid, Lee Foster, ” Foster, Russia’s, , John Hultquist, ” Hultquist Organizations: CNN —, Ukraine, CNN, International Olympic Committee, IOC, National Security Council, , Netflix, New York Times, Microsoft, Telegram, Paris Olympics, CIA, Russian Embassy, US State Department, State Department, BBC, UC Berkley, US Justice Department, Paris, Olympics, Google, Olympic Locations: Ukraine, Paris, Russia, Russian, Washington , DC, , South Africa, deepfakes, South Korea, France
Trump also reportedly told the executives that he would auction off more oil drilling leases in the Gulf of Mexico. "I was at that meeting – that did not happen," Burgum said on CBS' "Face the Nation" on Sunday. "He didn't ask for a billion dollars in donations, and there was no quid pro quo." In January, Burgum endorsed Trump for president. Burgum, who's also a software entrepreneur, announced earlier this year that he won't be seeking a third term as governor.
Persons: Kathryn Burgum aplauds, North Dakota Doug Burgum, Donald Trump, Doug Burgum –, Donald Trump's, , Trump, Biden, Burgum, he's, who's Organizations: Republican, North Dakota Gov, Washington Post, CBS, Continental Resources, Continental, CNBC Locations: North Dakota, Las Vegas , Nevada, Lago, Palm Beach , Florida, Gulf of Mexico, Williams County , North Dakota
CNN —The Buffalo Bills have signed Olympic gold medal-winning wrestler Gable Steveson to a contract, the team announced Friday. The Bills listed Steveson, a gold medalist in the 125kg weight class at the Tokyo Olympics, as a defensive tackle. He won gold after defeating three-time world champion Geno Petriashvili of Georgia with a two-point move with less than a second remaining in their match. Afterwards, Steveson declared it “the match of the century.”Minnesota wrestler Gable Steveson, right, wrestles Arizona State wrestler Cohlton Schultz in the 285 pound weight class final match during the NCAA Wrestling Championships at Little Cesars Arena. Raj Mehta/USA Today Sports/Reuters/FileAfter the Tokyo Games in 2021, Steveson signed with World Wrestling Entertainment until he was released by the organization earlier this month.
Persons: Gable Steveson, , ” Steveson, Sean, McDermott, Brandon Beane, Geno Petriashvili, Steveson, Cohlton Schultz, Raj Mehta, Louis Rees, Zammit Organizations: CNN, Buffalo Bills, Bills, Tokyo, ESPN, , Olympics, Arizona, NCAA Wrestling, Little Cesars, USA, Sports, Tokyo Games, World Wrestling Entertainment, NCAA, University of Minnesota, NFL, rugby, Kansas City Chiefs Locations: American, Georgia, ” Minnesota
CNN —Months after singer Cassie Ventura filed suit against her ex-boyfriend Sean “Diddy” Combs, his life looks very different. But the video could become evidence in an ongoing federal investigation related to Combs and allegations of sex trafficking. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Sean "Diddy" Combs with Cassie Ventura attend the premiere of 'The Perfect Match' at the Arclight Theatre in Los Angeles in 2016. An aerial image of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024.
Persons: Cassie Ventura, Sean “ Diddy ” Combs, Ventura, Combs, , Here’s, HSI, Sean, Diddy, ” Aaron Dyer, Justin, Misa Hylton, Christian, , Hylton, Kim Porter, Sean Combs, Jessie, Rodney “, Rod ” Jones, Jones, ” Jones, Chris Delmas, ” Ben Brafman, Shawn Holley, they’ve, Department’s, Kelly, , Elie Honig, CNN’s Sandra Gonzalez, John Miller, Elizabeth Wolfe, Eric Levenson, Denise Royal, Holmes Lybrand, Carlos Suarez Organizations: CNN, Bad Boy Records, Los Angeles County, Attorney’s, US Justice Department, Authorities, Federal, Homeland Security Investigations, US Department of Homeland Security, KCBS, Arclight Theatre, Getty Locations: New York, Miami, Los Angeles, , AFP
Keep reading to learn how to watch a UFC 302 live stream from anywhere. ET / 3 a.m. BST (Sun) / 10 a.m. AWST (Sun)How to watch UFC 302 in the USUFC fans know the drill. Shop at ESPNWhere to watch UFC 302 everywhere elseUK UFC fans can watch the flights through TNT Sports with a Premium Discovery+ sub for £39.99 a month. Canadians hoping to watch UFC fights can buy the PPV fight for $65 through UFC Fight Pass (most major TV services also sell the fight for a PPV fee). UFC 302 Fight Card: Makhachev vs. PoirierMain card — 10 p.m.
Persons: Makhachev, Dustin Poirier, Poirier, Sean Strickland, Paulo Costa, it's, we've, tonight's, ExpressVPN, Kevin Holland, Michal Oleksiejczuk, Niko Price, Alex Morono, Randy Brown, Zaleski Dos Santos, Cesar Almeida, Kopylov, Jailton Almeida, Alexandr Romanov, Grant Dawson, Joe Solecki, Phil Rowe, Jake Matthews, Mickey Gall, Bassil Hafez, Ailin Perez, Joselyne Edwards, Mitch Raposo, Andre Lima Organizations: Business, Newark , New Jersey's Prudential Center, UFC, ESPN, TNT, US, TNT Sports Locations: Newark , New, United States, Brazil, ExpressVPN
CNN —Donald Trump’s media allies are demanding retribution in the wake of his conviction. Following weeks of attacks targeting the historic hush money case against the former president, prominent right-wing media figures immediately flooded the public discourse Thursday with extreme and disturbing rhetoric after Trump was found guilty on 34 felony counts. The toxic commentary is also enflaming desires of retribution held by Trump supporters, with popular right-wing media figures openly declaring their hope that the GOP candidate to nakedly seek revenge against his critics, should he emerge victorious in November and return to the Oval Office. Some of the right’s most popular talking heads are openly calling for the weaponization of government to seek retribution against Trump’s political opponents. But as the legal walls actually begin to close in on Trump, the commentary in right-wing media is getting angrier, more menacing, and taking a markedly darker tone.
Persons: CNN — Donald Trump’s, Trump, Juan Merchan, Attorney Alvin Bragg, Joe Biden, Matt Walsh, Sean Davis, ’ Jesse Watters, “ We’re, Robert Mueller, Tucker Carlson, he’s, Laura Ingraham, ” Sean Hannity, Biden Organizations: CNN, Fox News, Trump, Manhattan, Attorney, GOP, MAGA Media, Daily, YouTube, Federalist, Fox, United, He’ll Locations: United States, Russia, Trump, China, Cuba, North Korea
New York CNN —The jury might still be deliberating, but Donald Trump’s media allies have already delivered a verdict to their audiencesThroughout the duration of the Manhattan hush-money trial, Fox News and the rest of MAGA Media have set the stage to absolve Trump in the historic case. Inside this alternate media universe, the actual facts of the case never penetrate the bubble that shields its audiences from detrimental developments for Trump. In the Republican Party, voters absorb their information from outlets like Fox News, which has dishonestly run defense for Trump over the course of the trial. And the study only accounted for Fox News, not the host of other entities that make up the right-wing media universe. It can be tempting to ignore the torrent of attacks Trump’s media allies are launching in their unrelenting efforts to undermine the case.
Persons: Donald Trump’s, Trump, Sean Hannity, Laura Ingraham, Steve Bannon, Joe Biden, nefariously, , Biden, Trump’s, it’s, Michael Cohen, David Pecker, , Judge Juan Merchan, Attorney Alvin Bragg, Jesse Watters, Merchan, Organizations: New York CNN, Fox News, MAGA Media, Trump, GOP, National Enquirer, Republican Party, Fox, Manhattan, Attorney, Media Matters Locations: New York, Manhattan
Kohl's stock plummets 20% after massive earnings miss
  + stars: | 2024-05-30 | by ( Sean Conlon | ) www.cnbc.com   time to read: +2 min
Shoppers walk in front of a Kohl's store in Mount Kisco, New York. Kohl's shares plummeted more than 20% in premarket trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street's expectations for a slight profit. Net sales decreased 5.3% to $3.18 billion compared with the year prior, with comparable sales down 4.4%. Kohl's expects full-year diluted earnings per share in the range of $1.25 to $1.85 — far lower than the $2.34 per share expected, according to LSEG. Kohl's announced in March that it would add similar in-store outposts of Babies R Us to about 200 locations.
Persons: Kohl's, LSEG, Tom Kingsbury, Kingsbury Organizations: LSEG, Wall Street Locations: Mount Kisco , New York
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Seinfeld says he misses ‘dominant masculinity’
  + stars: | 2024-05-30 | by ( Sean Clark | ) edition.cnn.com   time to read: 1 min
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Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, "false, baseless and defamatory." "As Mr. Conlon knows, the internal loan was paid off in 2021, and since 2019 I have put over $30 million into my company," Chanos said in the statement. "Indeed, all of my fellow management company partners have lost money over the past few years, none more than me. Mr. Conlon is simply trying to mitigate his losses by this crude shakedown attempt." Meanwhile, the suit said Chanos' girlfriend, Crystal Conners, was the sales agent on the transaction, which would have made $540,000 at standard commission rates, Bloomberg reported.
Persons: Jim Chanos, Chanos, CNBC's Scott Wapner, Sean Conlon, Conlon, Conlon didn't, Tesla, Crystal Conners Organizations: Chanos, Conlon Holdings, Bloomberg News, Enron, Bloomberg Locations: Chicago, New York, Miami
“It’s putting patients’ lives in danger,” said a nurse who works at Ascension Providence Rochester Hospital, a 290-bed facility about 25 miles north of downtown Detroit. The health care sector reported 249 ransomware attacks to the FBI last year, more than any other sector, with some cases affecting patient records. And, perhaps more than any other sector, health care firms hold an enormous volume of sensitive data that is ripe for targeting and extortion schemes. The hack cut off health care providers from billions of dollars of revenue and snarled service at pharmacies across the US. (She said her firm had no specific insights into the Change Healthcare or Ascension ransomware attacks.)
Persons: cyberattack, , , cybercriminals, Mac Walker, Walker, ” Walker, Ascension’s, Ascension, Dina Carlisle, “ There’s, Andrew, ” Sezaneh Seymour, ” Bryan Vorndran, Vorndran Organizations: CNN, Ascension Providence Rochester Hospital, , FBI, Biden, White House, Department of Health, Services, OPEIU, University of Minnesota School of Public Health, Change Healthcare, UnitedHealth, Healthcare Locations: Detroit, Birmingham , Alabama, St, Louis, Rochester , Michigan, ” OPEIU
CNN —Federal investigators are preparing to bring accusers of music mogul Sean “Diddy” Combs before a federal grand jury, two sources familiar with the probe tell CNN — signaling the US Justice Department is moving toward potentially seeking an indictment of Combs. Combs has been named in eight civil lawsuits since November – seven directly accusing him of sexual assault. One of the eight lawsuits, filed by former girlfriend Cassie Ventura, has been settled. Now, additional sources told CNN that the majority of the plaintiffs who have filed civil suits against Combs have been interviewed by federal investigators. Federal investigators are now “digging deeper,” and some of the accusers have been questioned numerous times, a source said.
Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christian Combs, Sean Combs, , Sean, Diddy, HSI, , they’ve, Lampros, Crystal McKinney, Joi Dickerson, Neal, Dickerson Organizations: CNN, Federal, US Justice Department, Bad Boy Records, Homeland Security Investigations, Combs, Feds, Department of Homeland Security, KCBS CNN Locations: New York City, Los Angeles, Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia not overvalued despite low forward P/E and market cap, says DataTrek's Nick ColasSean Myers, assistant professor of finance at the Wharton School, and Nicholas Colas, co-founder at DataTrek Research, join CNBC's 'The Exchange' to discuss Nvidia's valuation, how much weight to give P/E ratios, and more.
Persons: Nick Colas Sean Myers, Nicholas Colas, CNBC's Organizations: Nvidia, Wharton School, DataTrek Research
Several stocks are well-positioned to benefit from any power supply bottlenecks resulting from rapid growth in data centers, according to 11 analysts at TD Cowen who compiled a 169-page report. As a result, they're building data centers where power is available, investing in transmission lines and exploring the use of nuclear energy . Brookfield Renewable Partners , an international renewable power producer and developer, is another beneficiary of the data center boom. "The recently signed framework agreement... is a clear example of BEP's exposure to corporate [power purchase agreement] momentum associated with data center demand. That will contribute to the energy supply needed to power data centers.
Persons: Cowen, Michael Elias, Elias, FactSet, TD Cowen, Sean Steuart, it's, Cowen's David Deckelbaum, Coterra Organizations: Amazon, Oracle, Digital Realty Trust, Digital Realty, Digital, Brookfield Renewable Partners, Microsoft, Brookfield, NuScale Power Corp, Reactor, Regulatory, Energy, Coterra Energy Locations: Northern Virginia, Silicon, Tuesday's, U.S, Europe, Brookfield, Appalachia
A Nissan Sentra sits on the lot at a dealership in Evanston, Illinois, on Nov. 12, 2010. Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway Traffic Safety Administration announced Wednesday. The affected cars include 2002-2006 Nissan Sentra, 2002-2004 Nissan Pathfinder and 2002-2003 Infiniti QX4 vehicles that may have Takata airbags that were recalled in 2020. "NHTSA is urging all vehicle owners to immediately check to see if their vehicle has an open Takata airbag recall," the NHTSA said in a statement. "If you have one of these vehicles, do not drive it until the repair is completed and the defective airbag is replaced."
Organizations: Nissan, Traffic Safety Administration, NHTSA, Nissan Pathfinder, Infiniti Locations: Evanston , Illinois
The alleged cybercriminal conduct and the lavish lifestyle it funded “reads like it’s ripped from a screenplay,” Matthew Axelrod, a senior US Commerce Department official involved in the investigation, said in a statement. Wang used money he earned from renting the botnet to buy property in those locations, according to an indictment unsealed in the US District Court for the Eastern District of Texas. Authorities in Singapore and Thailand worked with the FBI on the bust, the Justice Department said. The new charges are only the latest alleged example of opportunistic fraud that has been rampant across the US since Covid-19 emerged more than four years ago. The problem got so bad that the Secret Service named a senior official as National Pandemic Fraud Recovery Coordinator to try to claw back some of the many billions that were stolen.
Persons: YunHe Wang, Fraudsters, ” Matthew Axelrod, Brett Leatherman, Wang, Leatherman Organizations: CNN, Justice Department, Justice, Treasury, US Commerce Department, Royce, FBI, Court, Eastern, Eastern District of, Authorities, Service, IRS Locations: Singapore, East Asia, Caribbean, Eastern District, Eastern District of Texas, Thailand
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