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☆ Here are Wednesday's biggest analyst calls: Nvidia, Meta, Tesla, Chipotle, Ferrari & more
▼ + stars: | 2024-05-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla but says it's only a matter of time before others automakers begin to take advantage of AI also. Morgan Stanley reiterates Meta as overweight Morgan Stanley said that, as users adopt the company's Reels product it becomes a "monetization opportunity." Morgan Stanley reiterates Dell as a top pick Morgan Stanley said Dell remains a favorite name at the firm. Morgan Stanley reiterates McDonald's as overweight Morgan Stanley said it's standing by the fast-food chain. Morgan Stanley reiterates Ferrari as overweight Morgan Stanley said it's standing by its overweight rating on the automaker.

Persons: Morgan Stanley, Tesla, Piper Sandler, Piper, Meta, Dell, JMP, Oppenheimer, it's, Goldman Sachs, Goldman, Kraft Heinz, McDonald's, Rosenblatt, John Malone, Sportico, Morgan Stanley downgrades, Generac, Jefferies, Needham, Stryker, Ferrari, MSFT Organizations: GM, Ford, Nvidia, Blackwell, ODM, Lenovo, Dell, China Tech Hardware, Costco, " Bank of America, Bank of America, Kraft, Brunswick, UBS, Brunswick Corporation, Atlanta Braves Holdings, Deutsche Bank, Waste Management, Deutsche, Price, Jefferies, Prudential, Lincoln National, Microsoft, Garmin, of America Locations: Coinbase, Shopify

☆ U.C.L.A. Removes Police Chief in the Wake of a Protest Melee
▼ + stars: | 2024-05-22 | by ( Corina Knoll | ) www.nytimes.com time to read: 1 min

The campus police chief for the University of California, Los Angeles, has been removed from his post in the aftermath of a violent, hourslong attack on a pro-Palestinian encampment at the school, during which security officers did not intervene. The chief, John Thomas, has been reassigned temporarily while the university examines its security processes, according to U.C.L.A. Mr. Thomas had been under intense criticism over the university’s delayed response to the melee on the night of April 30 in which people were beaten with poles or kicked, objects were thrown and chemicals were sprayed into the air. The attack was instigated by dozens of counterprotesters, many of whom did not appear to be students, based on videos of the incident. Even after officers from the Los Angeles Police Department arrived on the scene, no arrests were made that night.

Persons: John Thomas, Thomas Organizations: University of California, Los Angeles Police Department Locations: Los Angeles

☆ New Covid FLiRT variants spark concerns of a summer spike
▼ + stars: | 2024-05-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — New strains of Covid-19 are spreading globally, raising concerns among health professionals about a possible summer spike in cases, four-and-a-half years since the onset of the pandemic. The FLiRT variants — whose label derives from the names of the mutations in the variants' genetic code — have been rising in the U.S. and Europe as the coronavirus continues to mutate from earlier strains. Cases of KP.1.1, another FLiRT variant, have also risen to account for 7.1% of current infections, the agency said. In Europe, too, cases have been rising, with the new variant now detected in 14 countries. The World Health Organization in its latest update earlier this month said that cases remain limited in all reporting countries.

Persons: John Organizations: omicron, John Hopkins Bloomberg School of Public Health, Centers for Disease Control, World Health Organization Locations: U.S, Europe

☆ ‘Saturday Night Fever’ dancefloor expected to sell for $300,000
▼ + stars: | 2024-05-22 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —The legacy of “Saturday Night Fever” is stayin’ alive, as the dancefloor featured in the classic disco movie is set to fetch as much as $300,000 at auction next month. With its flashing colorful lights, the dancefloor provided the perfect backdrop for John Travolta’s character, Tony Manero, to flaunt his now-iconic groovy dance moves in his white shirt. After filming wrapped, the dancefloor stayed at the club until it closed down, when it was bought by an employee. The movie and its catchy soundtrack by the Bee Gees, meanwhile, helped to repopularize disco around the world at a time when its dominance was waning. Meanwhile, Jeff Bridges’ bowling costume, which he wears in the final three scenes of “The Big Lebowski,” could sell for $200,000.

Persons: John Travolta’s, Tony Manero, Julien’s Auctions, Tony Manero –, –, Travolta, ”, Jeff Bridges Organizations: CNN, Julien’s Auctions, Paramount, Getty, Bee, National Recording Registry, of Congress, Indiana Jones, “ Raiders Locations: Los Angeles, Brooklyn , New York, Brooklyn

☆ South Africa elections: A guide and everything you need to know
▼ + stars: | 2024-05-22 | by ( Sarah Dean | David Mckenzie | ) edition.cnn.com time to read: +6 min

Johannesburg, South Africa CNN —South Africans go to the polls on May 29 for what will likely be the most pivotal general election since the end of apartheid. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. South Africa general election 101 • South Africa uses a “proportional representation” system. This year South Africa received its lowest score on Transparency International’s Corruption Perception Index. Democratic Alliance (DA) party leader Johan Steenhuisen speaks to supporters during a party event on May 9, 2024, in Soweto, South Africa.

Persons: Nelson Mandela, Cyril Ramaphosa, Jacob Zuma, What’s, Ramaphosa –, –, “, Ramaphosa, ”, John Steenhuisen, Johan Steenhuisen, Anders Pettersson, Zuma, Julius Malema, Malema, Floyd Shivambu, Steenhuisen Organizations: South Africa CNN, National Congress, ANC, Independent Electoral, •, “, Democratic Alliance, White South, Party Charter, uMkhonto weSizwe Party, Economic, Fighters, EFF, MK, Finance, Constitutional, Social Research Foundation Locations: Johannesburg, South Africa, Africa, China, Cuba, Soweto

☆ Biden’s EPA is trying to take a huge bite out of the climate crisis. But can it survive Trump’s Supreme Court?
▼ + stars: | 2024-05-22 | by ( Ella Nilsen | ) edition.cnn.com time to read: +10 min

Bottom row, from left, Associate Justice Sonia Sotomayor, Associate Justice Clarence Thomas, Chief Justice of the United States John Roberts, Associate Justice Samuel Alito, and Associate Justice Elena Kagan. Top row, from left, Associate Justice Amy Coney Barrett, Associate Justice Neil Gorsuch, Associate Justice Brett Kavanaugh, and Associate Justice Ketanji Brown Jackson. And environmental attorneys are intrigued by Barrett, who has had some tough questions for EPA’s challengers during recent Supreme Court arguments. The Supreme Court ruled in 2007 that the EPA can use its authority to regulate greenhouse gases. That gives the agency the recent Congressional direction the Supreme Court has said it so badly needs, some experts said.

Persons: Joe Biden’s, Richard Lazarus, “, Michael Regan, ” “, ” Regan, Regan’s, ” Lazarus, Samuel Alito, Clarence Thomas, Neil Gorsuch, Gorsuch, Alito, ” David Doniger, “ Alito –, ”, Reagan, Anne Gorsuch, Sonia Sotomayor, John Roberts, Elena Kagan, Amy Coney Barrett, Brett Kavanaugh, Ketanji Brown Jackson, J, Scott Applewhite, Amy Coney Barrett –, Roberts, Barrett, Kavanaugh, Sackett, “ He’s, he’s, doesn’t, Ann Carlson, ” Carlson, ” Doniger Organizations: CNN, Joe Biden’s Environmental Protection Agency, Harvard Law, EPA, Republican, Natural Resources Defense Council, Chevron, DC, Appeals, DC Circuit, University of California, Biden, Congress Locations: China, United, Virginia, University of California Los Angeles, West Virginia, Congress

☆ New York Times: Another controversial flag spotted outside an Alito property
▼ + stars: | 2024-05-22 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

Citing photographs and interviews with neighbors, the Times reports that the “Appeal to Heaven” flag was seen on display at his property last summer. It’s the second revelation in as many weeks about a controversial display outside Alito’s property. Like the inverted US flag, the Appeal to Heaven flag – also known as the Pine Tree flag – was seen during the attack on the Capitol. House Speaker Mike Johnson faced blowback for displaying the same flag outside his office last year before assuming the leadership post. An "Appeal to Heaven" flag is seen outside Speaker Mike Johnson's personal office in the Cannon House Office Buiding on Wednesday, May 22.

Persons: Samuel Alito’s, Donald Trump, ”, Alito, Shay Horse, –, Mike Johnson, Johnson, “, George Washington’s, I’ve, ” Johnson, Mike, Trump, Texas Sen, Ted Cruz, CNN’s Kaitlan Collins, Jim Jordan, Judge Thomas –, Judge Kavanaugh, ” Jordan, CNN’s Manu Raju, CNN’s Piper Hudspeth Blackburn, Morgan Rimmer, Manu Raju Organizations: CNN, Capitol, New York Times, Times, Trump, Capitol ., Cannon, Texas, ” Locations: New Jersey, Virginia, Washington , DC

☆ New York’s Palace Theater Gets an $80 Million Refresh (and 30 Feet Higher)
▼ + stars: | 2024-05-22 | by ( Michael Paulson | Amir Hamja | ) www.nytimes.com time to read: 1 min

The Palace already has its initial bookings. In October, performances will begin for “Tammy Faye,” a musical about the televangelist, with songs by Elton John and Jake Shears. But first, on May 28, Ben Platt kicks off an 18-performance concert residency to promote his new album. “People are going to be coming in wanting to take in the theater, and we want to give them space and a moment to take in where they are,” Platt said. “You can feel the positive ghostliness of everything that’s come before.”

Persons: Tammy Faye, ”, Elton John, Jake Shears, Ben Platt, ” Platt, that’s

☆ AI will power the stock market for the next decade, former Cisco CEO John Chambers says
▼ + stars: | 2024-05-22 | 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 EmailAI will power the stock market for the next decade, former Cisco CEO John Chambers saysJohn Chambers, the former CEO of Cisco, says that artificial intelligence will "power the stock market over the next decade," adding that the technology is the reason why the stock market has moved so dramatically over the past 12 months.

Persons: John Chambers Organizations: Cisco

☆ How RFK Kennedy Jr. turned from tragedy and tumult to environmentalism before becoming the face of vaccine skepticism
▼ + stars: | 2024-05-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +10 min

Read previewRobert F. Kennedy's children have spent a lifetime trying to add their marks to their slain father's legacy. The first Kennedy to run for the presidency in decades, Robert F. Kennedy Jr. is doing so without the family's well-documented loyalty. Born into privilege in 1954, Robert F. Kennedy Jr. was raised between Massachusetts and suburban Virginia estates. Robert F. Kennedy Jr. was later a pallbearer at his father's funeral, joined by Astronaut John Glenn and former Defense Secretary Robert McNamara. Robert F. Kennedy Jr. was one of the pallbearers in his father's funeral.

Persons: —, Robert, Robert F, Kennedy, Kennedy Jr, McLean, Ethel Kennedy, wasn't, Kathleen, Joseph P ., Hubert Humphery's, Astronaut John Glenn, Robert McNamara, Michael Ochs, Jack Paar, Oprah, Frank M, Johnson Jr, Emily Black, Robert Morgenthau, JFK, Robert Boyle, Mary Richardson, Kerry Kennedy, Boyle, William Wegner, Wegner, Wegener, spasmodic dysphonia, Richardson, Cheryl Hines, Larry David Organizations: Service, Camelot, Business, RFK, Georgetown Preparatory School, Astronaut, Michael Ochs Archives, Georgetown Prep, Millbrook School, Harvard, JFK, RFK Jr, Civil, London School of Economics, University of Virginia Law School, Southern, of, The New York Times, Natural Resources Defense Council, Fishermen's Association, Washington Post, Hudson, Time Magazine, Los Angeles Times, STAT, World Health Defense Fund, Associated Press Locations: Massachusetts, Virginia, Hickory Hill, McLean , Virginia, New York, Charlottesville, Black's, Bloomington , Indiana, Dominican Republic, Manhattan, of New York, South Dakota, York, Hudson, Bedford

☆ AI will power the stock market for the next decade, former Cisco CEO says
▼ + stars: | 2024-05-22 | by ( April Roach | ) www.cnbc.com time to read: +2 min

John Chambers, CEO of Cisco, at the 2015 CGI Annual Meeting in New York. Adam Jeffery | CNBCArtificial intelligence will power the stock market for the next decade, former Cisco CEO John Chambers told CNBC on Wednesday. "AI will power the stock market for the next decade," Chambers told CNBC's Karen Tso on the sidelines of the VivaTech conference in Paris. watch nowChambers said 38% of venture capital in the U.S. in the first quarter went into AI stocks. Chambers compared Nvidia's place in the AI market to Cisco's position in the internet market.

Persons: John Chambers, Adam Jeffery, Chambers, CNBC's Karen Tso, Maurice Lévy, Lévy Organizations: Cisco, CNBC, JC2 Ventures, Nvidia Locations: New York, Paris, U.S, Europe

☆ House Panel Seeks F.B.I. Investigation Into Doping by Chinese Swimmers
▼ + stars: | 2024-05-22 | by ( Michael S. Schmidt | Tariq Panja | ) www.nytimes.com time to read: +1 min

The House select committee on China has asked the Justice Department and F.B.I. to investigate reports that Chinese authorities covered up positive doping tests for nearly half the swim team it sent to the last Olympic Games and that the global antidoping regulator failed to take action. “This scandal raises serious legal, ethical and competitive concerns and may constitute a broader state-sponsored strategy by the People’s Republic of China (P.R.C.) to unfairly compete at the Olympic Games in ways Russia has previously done,” the panel’s chairman, Representative John Moolenaar, Republican of Michigan, and its senior Democrat, Representative Raja Krishnamoorthi of Illinois, said in a letter to Attorney General Merrick B. Garland and the F.B.I. The letter could put additional political pressure on the Justice Department and Federal Bureau of Investigation to ratchet up scrutiny of China’s athletic program and the organization responsible for policing the use of banned performance enhancers, the World Anti-Doping Agency, just two months before the 2024 Summer Games in Paris.

Persons: John Moolenaar, Raja Krishnamoorthi, General Merrick B, Garland, Christopher A, Wray Organizations: Justice Department, Olympic Games, Olympic, Republican, Federal Bureau of, Doping Agency Locations: China, Russia, People’s Republic of China, Michigan, Illinois, Paris

☆ Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says Goldman
▼ + stars: | 2024-05-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Nvidia has been the biggest story of Wall Street's rally to record highs, but the options market appears to be underestimating the impact of its earnings report Wednesday, according to Goldman Sachs. "NVDA options suggest investors expect this earnings report to be unusually important; NVDA options imply a +/-11.9% earnings-day move vs. its 4-quarter historical earnings-day move of +/-10.8%. The importance of this earnings report is easy to see given NVDA options volume has been 36% of all single stock options volumes over the past three months," the note said. The S & P 500 is a market cap-weighted index, meaning that Nvidia has taken on extra importance over the past two years. The options market has underpriced S & P 500 moves following the previous four Nvidia reports as well, according to Goldman.

Persons: Wall, Goldman Sachs, John Marshall, Marshall, Goldman, — CNBC's Michael Bloom Organizations: Nvidia, Traders

☆ Why OpenAI should fear a Scarlett Johansson lawsuit
▼ + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

“It doesn’t matter if OpenAI used any of Scarlett Johansson’s actual voice samples,” Li posted on Threads. Here, Johansson could accuse OpenAI of illegally monetizing who she is by essentially fooling users into thinking she had voiced Sky. But there’s substantial case law — and one very inconvenient fact for OpenAI — undercutting that defense, legal experts say. According to Johansson, OpenAI approached her to perform as Sky; Johansson declined. While California’s publicity law protects all individuals, some state statutes only protect famous people, and not all states have such legislation on the books.

Persons: Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, OpenAI didn’t, demoed, Tiffany Li, Scarlett Johansson’s, ” Li, monetizing, John Bergmayer, “, ”, —, Bette Midler, Midler, Tom Waits, Waits, …, James Grimmelmann, Scarlett Johansson ”, Altman, Sky’s, Johansson ”, Samantha, ‘, ” Grimmelmann, Joel Saget, ” Bergmayer, Dana Rao, Adobe’s, we’re, Jennifer Rothman, ” Rothman Organizations: Washington CNN, University of San, Public, Ford Motor Company, Appeals, Circuit, Frito, Cornell University, Getty, Adobe, FAIR, University of Pennsylvania Locations: University of San Francisco, California, Midler’s, Paris, AFP

☆ Brad Paisley and Howard Gospel Choir to be the entertainment for state dinner as Bidens highlight US-Kenya ties
▼ + stars: | 2024-05-22 | by ( Betsy Klein | Samantha Waldenberg | ) edition.cnn.com time to read: +11 min

US President Gerald Ford dances with Britain's Queen Elizabeth II during a state dinner in Washington, DC, in 1976. Jason Reed/Reuters The White House's State Dining Room is seen ahead of a state dinner honoring French President Emmanuel Macron in 2018. Paisley first performed at the White House in 2009 during the Obama administration as part of a music series. “Tomorrow night we’ve created an experience that will feature the beautiful scenes of the White House and the Washington Monument that few get to enjoy,” White House social secretary Carlos Elizondo said. Event planner Bryan Rafanelli also helped the White House plan for the state dinner.

Persons: Brad Paisley, Joe Biden, Jill Biden, William Ruto, Rachel Ruto, “, Howard, “ Brad Paisley, Dr . Biden, Ruto’s, Biden, Ruto, ” Biden, George W, Bush, Gerald Ford, Queen Elizabeth II, Ricardo Thomas, Gerald R, Franklin D, Roosevelt, Enrique Penaranda, Penaranda, Matthew Costello, George R, Nikita Khrushchev, He's, Nina, Dwight D, Eisenhower, Mamie Eisenhower, Costello, John F, Kennedy, Habib Bourguiba, Jackie, Moufida, Bill Allen, Lyndon B, Johnson, Errol W, Barrow, Carolyn, Richard Nixon, Leonid Brezhnev, Charles Tasnadi, Betty Ford, Jordan's King Hussein, David Hume Kennerly, Betty Sherrill, Britain's Queen Elizabeth II, Jimmy Carter, Deng Xiaoping, Cho Lin, Carter, Nancy Reagan, Indira Gandhi, Mikhail Gorbachev, Joe DiMaggio, Ronald Reagan, Reagan, Boris Yeltsin, Naina, George H.W, George H.W . Bush, Barbara, Dirck Halstead, Singer Whitney Houston, Nelson Mandela, Ron Sachs, Bill Clinton, Hillary Clinton, Mandela, Zindzi, Wally McNamee, Corbis, Bill Frist, Lynne Cheney, Dick Cheney, Gloria Macapagal Arroyo, Pablo Martinez Monsivais, Laura Bush, Prince Philip, Itzhak Perlman, Saul Loeb, Barack Obama, Michelle Obama, Manmohan Singh, Gursharan Kaur, Pete Souza, White, Obama, Singh, Jason Reed, Emmanuel Macron, Donald Trump, Melania Trump, Macron, Brigitte, Jabin, Scott Morrison, Joshua Roberts, Paisley, ‘ Wake, Martin Luther, ’ ”, ” Jill Biden, we’ve, Carlos Elizondo, Cris Comerford, Bryan Rafanelli, April’s, Fumio Kishida, Yuko Kishida, CNN’s Sam Fossum Organizations: Washington CNN —, Howard Gospel Choir, White, CNN, Kenyan, Ford Presidential Library, United, White House, Historical Association, Washington Post, Getty, Barbados, AP, Indian, New York Times, Singer, South, Trump, Australian, Paisley, Japanese Locations: Kenya, United States, ”, Ghana, Africa, Russia, Namibia, Washington , DC, Bolivian, Soviet, George H.W ., toasts, Nashville, Washington

☆ Target shares slide as consumers buy fewer groceries and home goods
▼ + stars: | 2024-05-22 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Target on Wednesday posted a year-over-year sales decline and missed Wall Street's earnings estimates, as consumers fatigued from high prices bought both fewer discretionary items and groceries. On a call with reporters, CEO Brian Cornell said the company's results reflect "continued soft trends in discretionary categories." Target also announced Monday it was cutting prices on thousands of everyday items, including milk, bread, paper towels and diapers. Like other retailers, Target has tried to win over consumers who are not spending as freely on clothing, home goods or other discretionary items. Walmart, for example, has gained market share from higher-income shoppers and recently introduced a premium food brand with most items under $5.

Persons: Brian Cornell, John David Rainey Organizations: Target, LSEG, Walmart, Aldi Locations: Miami , Florida, Minneapolis

☆ A British retail firm is revealing interview questions in advance to help make its hiring process fairer
▼ + stars: | 2024-05-22 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

Would you feel more prepared for job interviews if you knew which questions were going to be asked? John Lewis, a 160-year-old retail giant based in the U.K. with 80,000 employees, has revealed interview questions for job candidates on its website in advance to make the hiring process more equitable. Bullett explained that it will give candidates the opportunity to prepare and "confidently demonstrate what they can do." People are divided on whether this development is beneficial because there isn't a standardized process for interviews, Khyati Sundaram, CEO of recruitment platform Applied, told CNBC Make It. But she warned that revealing job interview questions in advance isn't a "silver bullet" and there are some caveats.

Persons: John Lewis, you've, Lorna Bullett, Bullett, Khyati Sundaram, Sundaram Organizations: John, CNBC

☆ Loan or Bribe? Menendez Jurors Hear About $23,568 Mortgage Payoff.
▼ + stars: | 2024-05-21 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com time to read: 1 min

Senator Robert Menendez’s soon-to-be wife dropped a lot of names during a 2019 meeting she held with a lawyer who later paid off the delinquent mortgage on her Englewood Cliffs, N.J., home, saving it from foreclosure. But Mr. Menendez’s name was not one of them, the lawyer, John Moldovan, testified on Tuesday in the second week of the senator’s federal bribery trial in Manhattan. Mr. Moldovan said he was later instructed by his boss, Wael Hana, the owner of a New Jersey-based halal meat certification company, to pay $23,568.54 to a lender that held the mortgage on the home owned by Nadine Menendez, who married the senator in 2020. Mr. Hana never brought up the senator’s name either, Mr. Moldovan testified. “Never mentioned his name once to me,” Mr. Moldovan said during cross-examination by Mr. Menendez’s lawyer, Avi Weitzman.

Persons: Robert Menendez’s, John Moldovan, Moldovan, Wael Hana, Nadine Menendez, Hana, “, ” Mr, Menendez’s, Avi Weitzman Locations: Englewood, N.J, Manhattan, New Jersey

☆ Netanyahu denies Israel is starving civilians in Gaza as a method of war
▼ + stars: | 2024-05-21 | by ( Tara John | ) edition.cnn.com time to read: +6 min

Israel has allowed 20,000 trucks of aid into Gaza, Netanyahu said – a fraction of what would have entered in the same period under normal times. Israel’s ongoing siege of Gaza, following Hamas’ October 7 terror attacks, has reached its seventh month and left more than 34,000 people dead. Netanyahu is deeply unpopular in Israel, where he is also facing an ongoing corruption trial. Speaking to Tapper, Netanyahu rejected accusations that he avoids Israeli media in favor of international press, saying he has done up to 20 press conferences with Israeli journalists. An ICC warrant would compel more than 100 member-nations of the court to arrest Netanyahu if he traveled in their territory.

Persons: Benjamin Netanyahu, CNN’s Jake Tapper, Karim Khan, – Netanyahu, Yoav Gallant –, Khan, Netanyahu, Gallant, Tapper, –, ’, ”, Critics, “ That’s, “, Khan’s, Joe Biden, ” Biden, Antony Blinken, Biden, Franklin Roosevelt, Adolf Hitler, CNN’s Christiane Amanpour, Israel, Vladimir, Putin, ” Khan Organizations: CNN, Israeli, Criminal Court, ICC, Israel’s, Gaza, West Bank, Amnesty, Hamas Locations: Gaza, Israel, United States, East Jerusalem, France, Africa

☆ Stock market today: Indexes trade mixed as Nvidia-led momentum takes a break ahead of earnings
▼ + stars: | 2024-05-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Stock trades fell flat as investors take a breather ahead of Nvidia's earnings. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe latest rally in stocks faltered Tuesday morning, with investors stepping back ahead of Nvidia's upcoming earnings report and further communications from Federal Reserve officials. Tuesday will also be saturated with speakers from the Federal Reserve, whose comments could provide insight into monetary policy.

Persons: —, Dow, Jamie Dimon, David Morrison, Thomas Barkin, Christopher Waller, John Williams, Raphael Bostic, Susan Collins, Loretta Mester Organizations: Fed, Service, Federal Reserve, Nasdaq, Alto Networks, Urban Outfitters, Toll, Trade Nation Locations: Here's

☆ How Trump's presidency became a roller-coaster ride for many of America's top CEOs
▼ + stars: | 2024-05-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +9 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In August 2017, a Trump Tower event meant to provide updates about Trump's infrastructure plan became dominated by his response to the violence in Charlottesville. And in February 2018, Trump's infrastructure proposal took a back seat amid accusations of misconduct by two close aides. But after the election, Trump invited a broad array of tech leaders to Trump Tower and expressed a desire to work with them on innovation. In 2020, several tech leaders — including Cook — were critical of Trump's visa restrictions that would impact highly-skilled foreign workers in the industry.

Persons: —, Donald Trump, Hillary Clinton, Trump, Steve Mnuchin, Goldman Sachs, Gary Cohn, Wilbur Ross, Trump's, Elon Musk, Heather Heyer, Andrew Harnik, I've, Kenneth Frazier, Kevin Plank, 3M's Inge Thulin, Brian Krzanich, , Jim Comey, we've, Senate — Trump, Joe Biden, Tim Cook, Manuel Balce Ceneta, he'd, Jeff Bezos, Biden, Cook, Cook — Organizations: Service, White, National Economic Council, Business, Democrats, GOP, Tesla, AP, Merck, American Manufacturing Council, Policy, Trump, House, Republicans, Senate, Amtrak, Apple, Twitter, Democratic Locations: United States, Charlottesville, Va, weren't, Paris

☆ Trump removes video referencing ‘unified Reich,’ but his Nazi allusions are long-standing
▼ + stars: | 2024-05-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +6 min

CNN —Donald Trump dabbles in Nazi allusions too often for it to be a coincidence. But the term “Reich,” which means a kind of empire, is also synonymous with the later Third Reich of Adolf Hitler’s Nazi Germany. Some of Trump’s rhetoric suggests an ignorance of history and his own self-obsession. Some of Trump’s rhetoric seems designed to get a rise from his opponents and the media. And as extreme as a second Trump term might be, the Nazi Germany comparison feels extreme.

Persons: Donald Trump dabbles, Reich, Adolf Hitler’s, Trump, Joe Biden, Hitler, Mein, hasn’t, Donald Trump’s, Donald J, Trump Trump, John Kelly, CNN’s Jim Sciutto, Powers, ” Kelly, “, ’, ” Sciutto, Kelly, Steven Cheung, John Bolton, He’s, Biden, ”, Viktor Orbán, Vladimir Putin’s Organizations: CNN, GOP, Trump, Truth, White House, Nazi, Baby Boomers Locations: Adolf Hitler’s Nazi Germany, Gestapo, United States, Charlottesville , Virginia, Boston, Nazi Germany, Hungarian, Russian, Ukraine, Israel, Gaza, Eastern Europe, Nazi, Normandy

☆ ‘Insane’ Heat Has Been Scorching Miami. It’s Not Even June.
▼ + stars: | 2024-05-21 | by ( Patricia Mazzei | ) www.nytimes.com time to read: 1 min

Meteorologists in Miami, it is fair to say, are accustomed to drama: sunny-day flooding, severe rainstorms, strong hurricanes. So it is telling — and scary — that they seem at a loss for words to describe the extreme heat that the city experienced over the past few days, a full month ahead of summer. “It’s completely crazy, what just happened,” Brian McNoldy, a senior research scientist at the University of Miami, said. “It’s insane,” said John Morales, a meteorologist for ClimaData, a private weather forecasting and consulting firm, and a hurricane specialist at WTVJ-TV, the NBC station in Miami. “Not only is it insane, it is also dangerous.”

Persons: “ It’s, ” Brian McNoldy, “, ”, John Morales Organizations: University of Miami, NBC Locations: Miami

☆ 17 A-listers who starred in critics' most-hated movies
▼ + stars: | 2024-05-21 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Some A-listers have starred in films that critics have unanimously hated. Each movie on this list received a 0% critics rating on Rotten Tomatoes. John Travolta starred in two of the most-hated films: "Look Who's Talking Now!" download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: John Travolta, Gotti, —, Sean Connery, Juan Sánchez, Villalobos Ramírez Organizations: Rotten, Service, Office, Business

We recently got an in-depth look at how mattresses were made on a tour of the 3Z Brands factory in Glendale, Arizona. With the extra capacity, 3Z Brands also makes mattresses for other companies, including Nectar, GhostBed, Allswell, and Nest Bedding. Here's a detailed account of our tour of the 3Z Brands factory and a look into how mattresses are made, from sewing to packaging. AdvertisementConstructing the pocket coilsThe pocket springs found in hybrid mattresses arrive at the factory in huge coils. AdvertisementAssembling the mattressOnce the foam, pocket springs, and mattress covers are ready, it's time to assemble all the components together.

Persons: Brands, James Brains, 3Z, Jaclyn Turner, John Merwin, serging, Jaclyn, Stephen Light Organizations: Business, 3Z Brands, 3Z Locations: Glendale , Arizona, Brooklyn

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