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Here are four big questions facing Menendez, his lawyers and federal prosecutors as the trial intensifies. How hard does the defense lean on Nadine Menendez? The other half of their telling, in short, is that Nadine Menendez was the one pulling the strings — and hiding it from her husband. Republicans have been surprisingly absent from the hoopla around the Menendez trial. This dynamic could change later this week or next when Trump’s trial is expected to reach its denouement.
Persons: Sen, Bob Menendez’s, , Menendez, Nadine, Wael Hana, Fred Daibes, Andy Kim, Lara Pomerantz, , Pomerantz, James Bret Tate, Hana’s, Prosecutors, Nadine Menendez, Avi Weitzman, ” “, ” Weitzman, Weitzman, , Candace E, Hana, Will, hasn’t, Donald Trump Organizations: CNN, New, New Jersey Democrat, Garden, Democratic, Capitol, US Department of Agriculture, of Agriculture, USDA, Will Republicans, GOP, Republicans Locations: New Jersey, Egypt, Qatar, New York, Manhattan, Egyptian American, Cairo, Hana’s New Jersey, New York City
Former U.S. President Donald Trump sits in the courtroom at Manhattan Criminal Court with his attorney Todd Blanche (L) on May 20, 2024 in New York City. The end of the criminal hush money trial of Donald Trump may soon be in sight, as testimony from his one-time personal lawyer Michael Cohen resumes Monday. Now, one big question looms over a New York courtroom: Will the former president take the witness stand? Cohen is a key witness against Trump, and prosecutors have already said he will be their last witness in the trial. But doing so would carry major risks for Trump, including the danger of being angered and rattled by cross-examination by prosecutors, and giving an answer that supports their case.
Persons: Donald Trump, Todd Blanche, Michael Cohen, Cohen, Trump, Trump's, hedged, Judge Juan Merchan Organizations: U.S, Criminal, Trump Locations: New York City, New York, Manhattan
"Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending," McDonald's CEO Chris Kempczinski said on the company's conference call in late April. Paul Weaver | SOPA Images | Getty ImagesFor more than two years, consumers have dealt with sharply rising prices. But that doesn't mean the actual prices seen on grocery store shelves or restaurant menus will fall, and shoppers are feeling that pinch. While some CEOs have said that consumers are growing more cautious, others — like those in the airline industry — have celebrated strong and persistent spending. Corporate misfires can also lead to disappointing sales, even if their shoppers aren't necessarily pulling back on their spending.
Persons: Chris Kempczinski, Burger, Paul Weaver, Jerome Powell, Aurelia Concepcion, Concepcion, it's, Joe Raedle, Brett House, John David Rainey, Ramon Laguarta, Ed Bastian, We're, Daniel Slim, Brian Niccol, Calvin McDonald, Laxman Narasimhan, Sara Senatore, Spencer Platt Organizations: DAL, Washington Post, Home, Delta Air Lines, Consumers, of Labor, CPI, KFC, Starbucks, Columbia Business School, Walmart, Finance, CNBC, PepsiCo, Gatorade, Pepsi, United, Delta Airlines Boeing, Owen Roberts International, AFP, Getty, Delta, Target, Bank of America Locations: Manhattan, Bloomsburg , Pennsylvania, New York, Georgia, Ohio, Miami , Florida, U.S, Delta, Europe, Asia, Japan, George Town, Cayman Islands, New York City
In this article GMENVDATSLAGOOGL Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Angela Weiss | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? What you need to know todayThe bottom line
Persons: Angela Weiss Organizations: New York Stock Exchange, AFP, Getty, CNBC Locations: New York City
The Justice Department described the organization as a criminal enterprise and linked the New York chapter to the Gambino crime family. Mr. Zito later left the biker group to try to become a movie star in Hollywood. Mr. Trump has long shown an affection for macho bikers, and addressed a rally of them in Washington in 2016 before the election. A group called Bikers for Trump took part in several so-called Stop the Steal rallies after Mr. Trump lost the 2020 election. Mr. Zito was joined in the courtroom on Monday by several Trump allies who have been charged with crimes.
Persons: Donald J, Trump, Chuck Zito, Gambino, Zito, , Mr Organizations: New York Nomads, Hells Angels, The Justice Department, Trump Locations: Manhattan, New York City, California, York, Hollywood, Washington
I took a first-class train trip on an Amtrak Acela for the first time in 2022. Some things surprised me about the cabin, like the abundance of drink options yet limited food. AdvertisementIn 2022, I booked a first-class ticket on an Amtrak Acela train traveling from New York City to Baltimore. It was my first time in first class on an Amtrak train. From booking my ticket to taking the journey, several things surprised me about the two-and-a-half-hour trip, and I ultimately thought the perks weren't worth the higher price tag.
Persons: Organizations: Amtrak Acela, Service, Amtrak, Metropolitan, Penn Locations: New York City, Baltimore
AI PCs: We've been talking for months about how the launch of new AI PCs from the likes of HP and Dell and a specialized generative AI keyboard button from Microsoft will start a new PC refresh cycle later this year. We're now seeing a ton of news about AI PCs from Microsoft and Dell. In an interview, Michael Dell told Bloomberg News that AI PCs will be delivered "in volume" this year and will be "pretty standard" by 2025. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, We're, Michael Dell, Jim, Jim Cramer's, Andrew Kelly Organizations: CNBC, Dow Jones, Nvidia, Broadcom, HP, Dell, Microsoft, Bloomberg News, Palo Alto Networks, Keysight Technologies, Home, Jim Cramer's Charitable Locations: Manhattan , New York City
Read previewThis as-told-to essay is based on a conversation with Kyle Rice, a 38-year-old EMS provider based in Willmington, Delaware. I came across a job on a job board as a protocol architect for a project manager at an EMS software company. I live in Wilmington, Delaware, with my wife and two kids — 125 miles from the office. AdvertisementI earn more and save more by working a NYC jobI'd never consider relocating to NYC because it wouldn't be smart financially. Whenever the commute frustrates me, I remember how grateful I feel that I can pass through a handful of states on my way to work.
Persons: , Kyle Rice, Rice, I'd, I've Organizations: Service, Business, Amtrak, Newark Penn Station, World Trade Center Locations: Willmington , Delaware, New York City, Wilmington , Delaware, New York, New Jersey, Long, Wilmington, Newark, Delaware, NYC, Manhattan
In a filing on Monday, AEP Ohio asked the state's public utilities commission to approve its proposals to create a new customer class and a set of tariffs specifically for data centers. On the other hand, data centers have created roughly "less than one" full time job per megawatt of energy consumed, the filing said. AEP Ohio's new service queue has been paused since March while the company assesses its response to the 30,000 megawatts of requests from data centers. "We believe some of that queue is speculative, but we want the real customers and counterparties to commit to Ohio," Reitter said. AdvertisementSome states, including Ohio, have a statute that allows power companies and data centers to seek approval for agreements that give the data centers heavily discounted electricity.
Persons: , Marc Reitter, Reitter, counterparties Organizations: Service, AEP Ohio, Business, American Electric, AEP, , AEP Ohio's, ratepayers Locations: Ohio, Columbus , Ohio, New York
At the time, Dimon said, the priority was to understand "what we do know, what can we learn from it." Dimon's comments come as the investment-banking industry grapples with the surprising deaths of not one but two deaths at BofA this month. "We're aware of these stories, and they are tragic and incredibly sad," Rohrbaugh continued, calling it the "job" of bank leaders to look after employees' health on the job. AdvertisementCurrent and former employees at BofA told Business Insider that 100-hour workweeks were not unusual at the bank. Earlier this month, a BofA spokesperson told BI of Lukenas' passing: "We are very saddened by the loss of our teammate.
Persons: Jamie Dimon, JPMorgan Chase, Leo Lukenas III, Robin Leopold, Dimon, Troy Rohrbaugh, Rohrbaugh, Lukenas, headhunter Douglas Walters, Adnan Deumic, cardigan, Reed Alexander Organizations: Service, JPMorgan, Bank of America, Business, New York, Medical, BofA, Reuters, GrayFox, Bloomberg, Wall Locations: America's, BofA, London
When my partner and I signed a two-year lease to move into our second New York City apartment together in 2021, we agreed that the next place we lived in would be ours. New York City is where I grew up, and I am not ready to give up my status as a "passenger princess" — yes, I'm 31 and don't have a driver's license. "There are four things that go into getting a mortgage: your credit, your income, your assets, and the property," Forbes says. The application process for a program like the New York City HomeFirst Down Payment Assistance Program or the NYS AHC grant can take several months. My partner and I bought a co-op, which is very common in New York City.
Persons: We've, Dave Forbes, Forbes, you've, Z, Gen Zers, millennials, wouldn't Organizations: New, Chase, NYS, Qualtrics, National Association of Housing Cooperatives, Rocket Mortgage Locations: New York City, Riverdale, Bronx , New York, Manhattan, Midtown, New York State, New York, That's, millennials, .
Trump plans to headline a campaign event in the Bronx on Thursday. Trump has little chance to win the NYC borough but saw a jump in support there from 2016 to 2020. AdvertisementFormer President Donald Trump is set to make an unusual pit stop for a Republican candidate later this week. On Thursday, the native New Yorker will headline a campaign event in the Bronx, one of New York City's five boroughs and one of the bluest jurisdictions in the country. This story is available exclusively to Business Insider subscribers.
Persons: Trump, , Donald Trump Organizations: Service, Republican, Yorker, New York, Democratic, GOP, Business Locations: Bronx, New
AdvertisementPros and cons of living in VancouverBain noted to BI several personal advantages to living in Vancouver, including the people who she has found can be welcoming and generous. After living in Australia and given her work as a destination makeup artist, Bain said another pro is the proximity from Vancouver to other places. Advertisement"I felt like I really wanted to experience more of the world," she said. She also found that wedding work in Canada is more seasonal than in Australia due to the snowy winters. Bain is happy living in Canada and the positives that come with being there.
Persons: , Kellsie Bain, Bain, Vancouver Bain, I've, she's, aren't, York isn't, it's Organizations: Service, Business Locations: Sydney, New York City, New York, Canada, Vancouver, Australia, York, States
Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Microsoft 's Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted by OpenAI and Google . Microsoft CEO Satya Nadella said in January that 2024 will mark the year when AI will become the "first-class part of every PC." Now, PC users will get to hear more about how AI will be embedded in Windows and what they can do with it on new AI PCs. Demand for PCs was "slightly better than expected," Microsoft CFO Amy Hood said on the company's quarterly earnings call last month.
Persons: Satya Narayana Nadella, Satya Nadella, OpenAI, Morgan Stanley, Erik Woodring, Amy Hood Organizations: Microsoft, OpenAI, Google, Windows, Bing, Dell, Technology, Gartner Locations: Manhattan, New York City
The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.
Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, , James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich
Growing up in Mexico, Marco Flores fantasized about the lowrider cars he saw in magazines, studying their colorful bodies and gleaming engine compartments. In a tribute, Mr. Flores eventually restored a Chevelle in electric blue — the same muscle car his father had owned — with the help of his children. Now his custom-made creations, which he designs and fabricates after work in his garage in Port Chester, N.Y., are featured in those same lowrider magazines. His blue Chevelle “represents my entire childhood and the passion I have for cars,” said Mr. Flores, 55, who works six days a week at a Mamaroneck auto body shop. Just as Mr. Flores shared his skills with his children, many fans embrace the scene as a family-friendly way to honor traditions and celebrate accomplishments, adding hydraulics in the trunk, bright paint across the body and iconography like Our Lady of Guadalupe on the hood.
Persons: Marco Flores fantasized, Chevrolet, Flores, , Guadalupe Locations: Mexico, Port Chester, N.Y, Los Angeles, Mexican
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. U.S. stock futures ticked higher on Sunday night, after the Dow Jones Industrial Average closed above the key 40,000 level for the first time ever on Friday. S&P 500 futures and Nasdaq 100 futures were also marginally higher. The S&P 500 inched 0.1% higher Friday, while the Nasdaq Composite slipped by less than 0.1%. Palo Alto Networks , AutoZone , Target , Analog Devices , Intuit and Ralph Lauren will post their results in the upcoming days.
Persons: Tom Lee, Lee, Ralph Lauren Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow, Fundstrat Global Advisors, Microsoft, Technology, Palo Alto Networks, Devices, Intuit, Federal, Wednesday Locations: New York City . U.S, Palo
Police dispatchers use the term as a geographic point of reference: “There’s a very large fire coming from the Jungle behind Carpet Warehouse …”The Jungle. Tucked beside railroad tracks that course through gnarly woods, the encampment harbors the disenfranchised and distrusting, the addicted and the unwell, the vulnerable and the predatory. It is an off-the-grid community, a hide-out, a drug den, a home for people with nowhere else to go. A place of freedom and fire, overdose and escape, where the police are uncertain of their role and first responders enter with caution. But the Jungle reflects more than the often-intertwined plagues of drug addiction, mental illness and homelessness.
Organizations: Police, Jungle Locations: New York, Ithaca
Panama's Punta Pacifica skyline. From the coast, I could look out onto Punta Pacifica, where a grouping of tall buildings reached out to the clouds. McGowan said people always compare Punta Pacifica to dense cities like Miami, New York City, and Dubai. Central America Living refers to the neighborhood as a "mini-Dubai," and The New York Times said in 2014 that Punta Pacifica is "often called the Miami of Latin America." "I think Panama City and Punta Pacifica have matured enough now that it doesn't have to be compared.
Persons: Monica Humphries, McGowan Organizations: Pacifica, Punta Pacifica, Dubai ., Dubai . Central America, New York Times, Miami of Locations: Panama City, Miami, Casco Viejo, Panama, Punta, Miami , New York City, Dubai, Dubai . Central, Miami of Latin America
Bearing that in mind, here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. On May 1, the company announced its first-quarter results and declared a quarterly dividend of 48 cents per share, payable on June 28. Following the results, RBC Capital analyst Kenneth Lee reaffirmed a buy rating on ARCC stock with a price target of $22. The company recently announced its first-quarter results and declared a quarterly distribution of $0.405 per unit. Overall, based on the annualized dividend amount of $3.08 per share, the stock's dividend yield stands at 5.6%.
Persons: Wall, Capital, Kenneth Lee, Lee, TipRanks, Devin Dodge, Dodge, Income's, Brad Heffern, Heffern Organizations: New York Stock Exchange, Federal Reserve, Ares, RBC Capital, Ares Credit, Brookfield Infrastructure Partners, Brookfield Infrastructure, BMO Capital, Triton, Dodge, Brookfield Locations: New York City, Asia, Pacific, North America, Europe, U.S, TipRanks
Buybacks and share count information can be gleaned from a review of the company's financial statements. The current share count is listed near the bottom of the balance sheet in the "Shareholder equity" section. This means that a company's buyback program will only reduce the share count if it exceeds the stock-based compensation it is paying out. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, — Robert, Robert, Jim, — Vick, Jim Cramer's, Spencer Platt Organizations: Microsoft, Google, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Getty Locations: New York, Louisville , Kentucky, New York City
A helicopter with Iranian President Ebrahim Raisi on board "crashed upon landing" on Sunday, state media reported, with weather conditions complicating rescue efforts. "President Raisi was returning from a ceremony to open a dam on Iran's border with Azerbaijan when his helicopter crashed upon landing in Varzaqan region," it said. Iran's foreign minister, Hossein Amir-Abdollahian, was also traveling in the helicopter, along with East Azerbaijan's governor, Malik Rahmati, and Raisi's security detail, it said. State TV IRIB said the helicopter belonged to the Iranian Red Crescent, which Iran's interior minister Ahmad Vahidi said was part of a convoy. Under Raisi, Iran now enriches uranium at nearly weapons-grade levels and hampers international inspections.
Persons: Ebrahim Raisi, IRNA, Raisi, Hossein Amir, Malik Rahmati, IRIB, Ahmad Vahidi, Ayatollah Ali Khamenei, Yemen's Organizations: United Nations General Assembly, East, East Azerbaijan province —, Iran's, Hamas, Hezbollah Locations: New York City, U.S, East Azerbaijan province, Tehran —, Azerbaijan, Varzaqan, Iran, Tehran, Iraq, Raisi, Russia, Ukraine, Israel, Gaza
But Nkenge's dream became a reality when she was selected for a one-bedroom apartment through the city's housing lottery in 2023. The New York City housing lottery program helps residents find affordable housing, including rent-stabilized apartments. The Department of Housing Preservation and Development defines affordable housing as housing costs no greater than 30 percent of a single person's or family's income. Nkenge applied to the NYC housing lottery for three years before she got her one-bedroom apartment in Flatiron. Before winning her housing lottery apartment, Nkenge lived in a small one-bedroom in Harlem.
Persons: Nkenge, Mickey Todiwala, That's, I've, It's Organizations: New, of Housing Preservation, Development, CNBC, Housing, Department of HPD's Locations: New Yorker, Bronx, Harlem, New York City, Flatiron, Brooklyn, Manhattan, Nkenge's
Some of the raucous crowd was there to watch Caitlin Clark — the Fever’s wunderkind rookie — play her first professional game in New York City, some were Liberty fans, and more than a few seemed to be there to cheer for both sides. There were celebrities sitting courtside, like Billie Jean King, Jason Sudeikis, Megan Rapinoe and the actress Amy Ryan. And there was basketball royalty in the building as well, including Sue Bird, Pau Gasol and Dawn Staley, the coach of the South Carolina women’s basketball team that beat Ms. Clark’s Iowa Hawkeyes in this year’s N.C.A.A. tournament final. Every time the Jumbotron flashed one of the famous faces, the crowd seemed to get even more electric.
Persons: Caitlin Clark —, , Billie Jean King, Jason Sudeikis, Megan Rapinoe, Amy Ryan, Sue Bird, Pau Gasol, Dawn Staley Organizations: Barclays Center, New York Liberty, Indiana, Liberty, Carolina women’s, Clark’s Iowa Hawkeyes Locations: New York City
A year ago, the World Health Organization declared an end to Covid-19 as a global public health emergency. On the fourth anniversary of Settle’s death – and driven by a need to mourn – Koenig wrote about his former partner on the Covid-19 remembrance website WhoWeLost. Greenwald expanded the website nationally after a 2021 story on the website from an NPR affiliate garnered widespread praise. “I think the need for the site, in a way, is larger because less people are paying attention (to Covid-19),” Greenwald told CNN. They can write those stories down here.”New York City resident Wiandy Santiago’s 65-year-old brother Wilmard Santiago died of Covid-19 in April 2020, a week after being placed on a ventilator.
Persons: Jody Settle, Ed Koenig, Settle’s, Willie Nelson’s, , Koenig, – Koenig, Martha Greenwald, , ” Greenwald, Greenwald, Kentuckians, Kent Nishimura, Wilmard Santiago, ” Wiandy Santiago, Alberto Locascio, doesn’t, ” Santiago, she’s, , Wilmard, Locascio’s, Nicholas, She’s, Sarah Wagner, Covid, ” Koenig, Poynter, ’ ” Greenwald, Spencer Platt, “ We’re, ” Paige Gavin, that’s, ” Wagner, WhoWeLost, “ Covid Organizations: CNN, New York City, Settle, World Health Organization, United, NPR, Los Angeles Times, American Psychiatric Association, York City, Wiandy, Yankees, George Washington University, Getty Locations: Irish, New York, United States, Covid, Kentucky, New Jersey, Louisville , Kentucky, Washington, Washington ,, United Kingdom, , York, Bronx, New
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