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☆ FedEx creates a hurdle for stock market bulls with the Dow at record highs
▼ + stars: | 2024-09-20 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

That rally may not be sustainable, based on the venerable " Dow Theory ." The century-old Dow Theory looks at the relationship between the Dow Industrials and the Dow Transports , and argues that market trends must be confirmed by both groups. In other words, if the Dow Industrials are going lower, then Transports most also be falling to confirm a prolonged negative run. Right now, investors are presented with the Dow Industrials at all-time highs and Transports barely positive for the year. FDX 5D mountain FDX year to date To be sure, other market trends paint a more positive picture.

Persons: Jonathan Krinsky, Mark Mahaney Organizations: Dow Jones, Dow, Dow Transports, Transports, FedEx, UPS, Tech, Energy, NBA

☆ Could a $1.4M portrait found in a Maine attic be a long-lost Rembrandt?
▼ + stars: | 2024-09-08 | by ( Oscar Holland | ) edition.cnn.com time to read: +7 min

The auction house believes this to be the highest sum ever paid for an artwork at a Maine auction. Thomaston Place Auction GallerieLost from the recordsRembrandt scholar Gary Schwartz said a potential buyer had earlier sought his opinion on the Maine portrait. 03:09 - Source: CNNArt historian Volker Manuth, who authored publisher Taschen’s 2019 monograph “Rembrandt: The Complete Paintings,” told CNN he was also approached by a potential buyer of the Maine portrait. But inclusion in a major catalog, or the backing of a big auction house, can increase a painting’s value manyfold. Schwartz suggested that, should the Maine portrait receive similar endorsement, it might be revalued at up to $5 million.

Persons: Kaja Veilleux, ”, Veilleux, Rembrandt —, Rembrandt, Kaja, Gary Schwartz, “, Schwartz, ” Schwartz, “ Rembrandt, Volker Manuth, Taschen’s, ’, reattributed, Rembrandt ”, Sotheby’s, Winter Organizations: CNN, Philadelphia Museum of Art, Academy of Fine Arts, Radboud University, Research, Christie’s, New York Times Locations: Camden , Maine, Thomaston, Europe, Maine, Academy of Fine Arts Vienna, Netherlands, Philadelphia , Pennsylvania, Vienna

☆ A SWAT sniper at the Trump shooting said his team wasn't briefed and 'had no communication' with the Secret Service before the attack
▼ + stars: | 2024-07-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewThe local SWAT team assigned to guard former President Donald Trump's rally on July 13 said it had "no communication" with the Secret Service before a gunman tried to assassinate him. In an interview published by ABC on Sunday, Woods and his team members said the first time they communicated with Secret Service agents on the ground was only after the shooting. But The Washington Post reported on Sunday that Secret Service members on Trump's detail complained they never received the warning from the countersnipers in the AGR building. The aftermath of the assassination attempt, which put Trump within inches of losing his life, has been a reckoning for the Secret Service. "The assassination attempt of former President Trump on July 13th is the most significant operational failure of the Secret Service in decades," Secret Service director Kimberly Cheatle said on July 22.

Persons: —, Donald Trump's, Jason Woods, Woods, Trump, countersnipers, Thomas Crooks, Crooks, countersniper, Kimberly Cheatle, Cheatle Organizations: Service, SWAT, Secret Service, Beaver County , Pennsylvania SWAT, ABC, Business, Secret, Glass Research, New York Times, The Times, Washington Post, Trump, FBI Locations: Beaver County , Pennsylvania

☆ When does JD Vance speak tonight? The new heir to Trump’s MAGA movement steps into the spotlight
▼ + stars: | 2024-07-17 | by ( Steve Contorno | ) edition.cnn.com time to read: +10 min

“It’s very clear that Trump wants someone who can carry the movement on,” a person close to Trump told CNN said of the Vance selection. The two became close friends, a relationship that helped Vance earn Trump’s endorsement in a contested primary for an open Ohio Senate seat. As a senator, Vance quickly won over the thought leaders of Trump’s populist movement. Vance and Trump Jr. embraced on the convention stage Tuesday afternoon as they prepared for their moments in the spotlight. Challenges certainly remain for Vance to maintain his position as next in line to the throne in Trump’s party.

Persons: Sen, JD Vance, Donald Trump’s, – Vance, Vance, MAGA, “ Mr, ”, Trump, Mike Pence, “, Vance shouldn’t, Trump’s, Doug Burgum, Marco Rubio, Jack Posobiec, George Bush, ” Vance, Donald Trump Jr, reconsidering, Ohio State University and Yale Law –, Tucker Carlson, Steve Bannon –, ” Bannon, Carlson, “ I’ve, Donald Trump, JD, Kat Cammack, doubters, Nikki, Haley, Black, Mike DeWine, Pence, Vance “, Ronald Reagan, George Herbert Walker Bush, Scott Walker, Michelle Crawford, ” Crawford, Ron DeSantis, DeSantis, ” Posobiec, could’ve, would’ve, ” John Fredericks, Glenn Youngkin, ” Fredericks, “ Trump, Jeff Zeleny, Alayna Treene Organizations: CNN, Republican, Convention, Gettysburg, Ohio State, Trump, North Dakota Gov, Marines, Ohio State University and Yale Law, Conservative, Capitol –, Politico, Trump Jr, Senate, Republicans, GOP, Wisconsin Gov, “, Iowa Federation of Republican Women Locations: Milwaukee, Ohio, Michigan, Washington, America, Russia, Ukraine, Florida, Trump, Iowa, Virginia

☆ Barbora Krejcikova and Jasmine Paolini’s Wimbledon final met Jana Novotna’s legacy
▼ + stars: | 2024-07-13 | by ( Matthew Futterman | ) www.nytimes.com time to read: +8 min

WIMBLEDON — The final points were like the match and the tournament itself. There was a flurry of gutsy winners, nervy errors, rising hopes and risks that didn’t pay off — and Jasmine Paolini trying to claw the Wimbledon title away from Barbora Krejcikova one last time. GO DEEPER Game, Set, Match: Barbora Krejcikova beats Jasmine Paolini to win first Wimbledon titleHer fellow finalist is the newest entrant into the tennis list of enticing characters. Jana Novotna, the Czech great of the 1990s, coughed up a 4-1 lead in the third set against Steffi Graf in the 1993 Wimbledon final. Flash forward nearly two decades, to 2014, and Barbora Krejcikova is trying to find her way as a tennis player.

Persons: Jasmine Paolini, Krejcikova, —, she’ll, Robert Prange, it’s, Naomi Osaka, Jana Novotna, Steffi Graf, Duchess, Kent, Novotna, Henning Bangen, ” Krejcikova, “, ”, Paolini, Shi Tang, Donna Vekic, ” Paolini, isn’t, Clive Brunskill Organizations: WIMBLEDON, Wimbledon, Court, England Locations: Czech, Novotna’s, Africa

☆ There's a big Fed inflation reading coming Friday. Here's what to expect
▼ + stars: | 2024-06-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday. If that date rings a bell, it's when core PCE first passed the Fed's coveted 2% inflation target during this cycle. Should the core PCE price forecasts transpire, it will serve as a milestone of sorts. "We are in line with [the forecast] that the PCE core pricing data will come in soft," said Beth Ann Bovino, chief economist at U.S. Bank. In addition to the inflation numbers, the Commerce Department at 8:30 a.m.

Persons: Dow Jones, Beth Ann Bovino, It's, pocketbooks, Lisa Cook, Cook, Bovino Organizations: Commerce Department, Federal Reserve, U.S . Bank, Fed Locations: Brooklyn , New York

☆ ‘Diddy’ apology video: Sean Combs speaks out after surveillance tape shows him assaulting Cassie Ventura
▼ + stars: | 2024-05-19 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +12 min

CNN —Almost 48 hours after being shown physically assaulting his then-girlfriend Cassie Ventura in 2016 in a surveillance video obtained exclusively by CNN, Sean “Diddy” Combs has apologized. “It’s so difficult to reflect on the darkest times in your life, but sometimes you got to do that,” Combs said in a video statement posted to Instagram. In the video, Ventura exits a hotel room and walks to a bank of elevators. Sean Combs and Cassie Ventura are seen in security video in 2016. Ventura, who reached an undisclosed settlement with Combs, declined to comment on the video obtained by CNN.

Persons: Cassie Ventura, Sean “ Diddy ” Combs, Combs, Ventura, “, ” Combs, ”, I’m, Meredith Firetog, “ Combs, Cassie, ‘, ’, ” “, ” Ventura, Ben Brafman, Combs “, Brafman, Mr, Sean Combs, CNN Ventura, Douglas H, Wigdor, Aubrey O’Day, Danity Kane, ” Danity Kane, ” O’Day, Sean ‘ Diddy ’ Combs, Alex Fine, shouldn’t, Fine Organizations: CNN, Ventura, InterContinental, InterContinental Century, InterContinental Hotels, MTV, Los Angeles County, Attorney’s, Victims Services, Los Angeles Police Department, LAPD, Violence Locations: Ventura, Century City, Los Angeles, “

☆ Sean ‘Diddy’ Combs seen physically assaulting Cassie Ventura in 2016 surveillance video obtained by CNN
▼ + stars: | 2024-05-17 | by ( Sandra Gonzalez | Elizabeth Wagmeister | ) edition.cnn.com time to read: +7 min

CNN —A 2016 surveillance video obtained exclusively by CNN shows Sean “Diddy” Combs grab, shove, drag and kick his then-girlfriend Cassie Ventura during an altercation that matches allegations in a now-settled federal lawsuit filed by Ventura in November. In the video, Ventura exits a hotel room and walks to a bank of elevators. Ventura’s attorney, Douglas H. Wigdor, said: “The gut-wrenching video has only further confirmed the disturbing and predatory behavior of Mr. Combs. Sean "Diddy" Combs with Cassie Ventura attend the premiere of 'The Perfect Match' in Los Angeles on March 7, 2016. He is happy they got to a mutual settlement and wishes Ms. Ventura the best.”Details of the settlement were not disclosed.

Persons: Sean “ Diddy ” Combs, Cassie Ventura, Ventura, Combs, Douglas H, Wigdor, ” Combs, ”, “, Sean, Diddy, Chris Delmas, Ben Brafman, “ Mr, ” Brafman, Mr, Aaron Dyer, – Organizations: CNN, Ventura, InterContinental, Combs, InterContinental Hotels, Los Angeles, InterContinental Century, Getty, Authorities, Department of Homeland Security Locations: Century City, Los Angeles, Ventura, AFP, California, Florida

"The Fed is the central bank most able to chart its own course," Citi economist Andrew Hollenhorst said in a client note Wednesday. It was the first time the Riksbank had cut since 2016 and takes its main policy rate down to 3.75%. The Riksbank's move was the second central bank cut of the year, as the Swiss National Bank reduced its key rate a quarter point in March in what was seen as a surprise action. Reductions from the Bank of England and European Central Bank are expected to come next, possibly within a month. "With the exception of Japan, developed markets are embarking on a program of rate cuts," Hollenhorst said.

Persons: Andrew Hollenhorst, BOE, Mark, Bailey, Citi's Hollenhorst, Christine Lagarde, CNBC's Sara Eisen, Lagarde, Hollenhorst Organizations: U.S . Federal, Citigroup, Citi, Sweden's, Swiss National Bank, Bank of England, European Central Bank, Bank of America Locations: U.S, Japan

☆ C.J. Sansom, Mystery Novelist Drawn to Tudor England, Dies at 71
▼ + stars: | 2024-05-03 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

An 800-page novel about the peasant uprisings of 1549!” Marilyn Stasio, the longtime mystery and crime reviewer for The New York Times Book Review, began a column in 2019. It was an assessment of “Tombland,” the seventh work of historical fiction by C.J. Sansom to feature Matthew Shardlake, a hunchbacked lawyer-turned-detective whose exploits solving chilling murders in Tudor England come steeped in suspense and granular historical detail. Readers are made privy to the court intrigues of Thomas Cromwell and King Henry VIII, eavesdrop on women arguing in a market stall, and inhale the stench of London streets. “Sansom describes 16th-century events in the crisply realistic style of someone watching them transpire right outside his window,” she wrote.

Persons: goody, Marilyn Stasio, C.J . Sansom, Matthew Shardlake, Thomas Cromwell, King Henry VIII, eavesdrop, “ Sansom, ”, . Sansom Organizations: The New York Locations: Tudor England, London

☆ Short-seller sends Globe Life shares plunging 53% as insurance giant calls report 'defamatory,' threatens legal action
▼ + stars: | 2024-04-12 | by ( Susan Antilla | ) www.businessinsider.com time to read: +12 min

Read previewShares of insurance giant Globe Life Inc. plunged 53% today and trading was halted eight times after a short-seller issued a damning narrative on the company. (Globe Life, AIL, and the other defendants denied the allegation in a legal filing.) Meanwhile, Warren Buffett's Berkshire Hathaway sold all 6.35 million shares of Globe Life stock the investor once held. In his April 3 presentation to investors, Koppikar called Globe Life "a dead-end pyramid scheme." He predicted that the DOJ investigation will hinder recruiting, "which is the lifeblood for pyramid schemes like Globe Life."

Persons: —, Arias, Panda, Fuzzy Panda, Steve Greer, Dave Zophin, Trina Orlando, Renee Zinsky, Zinsky, AIL, Simon Arias, Michael Russin, Amy Williamson, Zinsky's, Russin, Warren Buffett's Berkshire Hathaway, John Kane, Matthew D, Williamson, wasn't, I'm, Michael Clark, Renee, Jennifer Haworth, Abeni Mayfield, Susan Antilla, Orlando, Nate Koppikar, Haworth, J, Matthew Darden, Russin's, Koppikar Organizations: Service, Inc, Business, BI, Organization, Globe, AIL, Arias Organization, Agencies, Opportunity, Department of Justice, Globe Life, Russin, AAA, Orlando, Alpha, Reuters, DOJ Locations: Globe's, Pittsburgh, Columbia , Maryland, Mayfield, Arias

☆ A billionaire helped bring ‘3-Body Problem’ to Netflix. His business partner ensured he never lived to see its premiere
▼ + stars: | 2024-04-03 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Lin Qi, a billionaire fan of “The Three-Body Problem,” had big plans to bring his favorite Chinese sci-fi novel to TV, cinema and video-game screens across the world. Xu was sentenced to death for murder by a court in Shanghai on March 22 - the day after the much-anticipated debut of “3 Body Problem” on Netflix. 3 Body Problem. Soon, he was sidelined, with key projects handed to another executive, Zhao Jilong, one of the executives who would later have his drinks poisoned by Xu, according to Caixin. When Netflix announced its adaptation project of “The Three-Body Problem” in September 2020, Lin and Zhao were listed as executive producers, with Xu’s name conspicuously missing.

Persons: Hong Kong CNN — Lin Qi, ”, Lin, Lin’s, Xu Yao, Xu, Caixin, John Bradley, Jack Rooney, Jess Hong, Jin Cheng, Mark Gatiss, Isaac Newton, Reece Shearsmith, Alan Turing, Jenson Cheng, Kublai Khan, Netflix Xu, China’s, Liu Cixin, Zhao Jilong, Zhao, Yoozoo, “ Xu Yao’s Organizations: Hong Kong CNN, “, Netflix, Lin’s Yoozoo, Yoozoo Games, Phoenix News Locations: China, Hong Kong, Shanghai, pufferfish, Japan, France, United States

☆ Trump risks tanking Truth Social's stock price if he cashes out
▼ + stars: | 2024-03-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Donald Trump's social media platform Truth Social is set to go public next week. Truth Social, a platform developed by former president Donald Trump, has finally secured approval to merge with its shell company Digital World Acquisition Corp. After all, many DWAC investors don't appear to be trading on fundamentals, especially as Truth Social isn't reputed for high usage or revenue. Social Truth user KookyBar said after the merger, writing in a forum dedicated to DWAC. At a price of $40, the newly formed Truth Social entity would be worth more than $5 billion, with Trump owning a majority of the stock.

Persons: Donald Trump's, —, Donald Trump, Joe Biden, Trump, Donald Trump Jr, Devin Nunes, KookyBar Organizations: Service, Corp, Trump, SEC Locations: New York

☆ 5 common mistakes employers make that could land their workers fat settlements, according to employment lawyers
▼ + stars: | 2024-03-02 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

The outcome could involve hefty settlements that employers are compelled to cough up to employees who brought workplace-related lawsuits against them. "That is easy, easy money" for the employee, Zambrano, who is suing the musicians Lizzo and Ye (formerly known as Kanye West), on behalf of ex-employees, said. Having an under-trained human resources department could pose major legal troubles for a company, added David Gottlieb, a partner at the New York City-based employment law firm, Wigdor LLP. If a case has some merit, employers will "absolutely" offer money to an employee pursuing legal action, continued Zambrano. Misclassifying employees as exempt from overtimeZambrano said that another common issue he encounters is employers misclassifying employees, sometimes in order to save money for the company.

Persons: —, Ron Zambrano, Zambrano, Lizzo, David Gottlieb, Wigdor, Gottlieb, they're, it's, that's, Amazon Tyler Organizations: Service, Business, Trial, Kanye, New, Wigdor LLP, NFL, Employers, Companies, Getty, Employees, Walmart, West Coast, Amazon Locations: California, New York City

☆ Kevin McCarthy says there's 'a real concern' about Biden's ability to lead and interact with foreign leaders: 'That would be on top of everything else'
▼ + stars: | 2024-02-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer House Speaker Kevin McCarthy in a Tuesday interview said he had "a real concern" about President Joe Biden's ability to effectively interact with foreign leaders, shining another spotlight on the debate around the president's age ahead of the 2024 election. "So yes, there is a real concern here and I think that would be on top of everything else," he added. Vice President Kamala Harris leapt to the president's defense, blasting the special counsel's claims regarding Biden's memory as "inaccurate and inappropriate." But so far, GOP voters remain solidly behind Trump, as he's won every major statewide primary or caucus since January.

Persons: —, Kevin McCarthy, Joe Biden's, McCarthy, Biden, he's, Kamala Harris, Republican Sen, Mitt Romney, Donald Trump, hadn't, I've, Romney, Nikki Haley, Trump's Organizations: Service, White, Business, California Republican, House, Republican, Huffington, Former South Carolina Gov, Biden, Trump, GOP Locations: California, Utah

☆ Kevin McCarthy says Biden's biggest problem is his age
▼ + stars: | 2024-02-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer House Speaker Kevin McCarthy said Tuesday during a CNBC interview he had "a real concern" about President Joe Biden's ability to effectively interact with foreign leaders, shining another spotlight on the debate around the president's age ahead of the 2024 election. His problem is age," McCarthy said during a discussion on CNBC's "Squawk Box." Vice President Kamala Harris leaped to the president's defense, blasting the special counsel's claims regarding Biden's memory as "inaccurate and inappropriate." AdvertisementBut so far, Republican voters remain solidly behind Trump, as he's won every major statewide primary or caucus since January.

Persons: —, Kevin McCarthy, Joe Biden's, Biden, McCarthy, he's, Kamala Harris, Republican Sen, Mitt Romney, Donald Trump, hadn't, I've, Romney, Nikki Haley, Trump's Organizations: Service, CNBC, Business, White, California Republican, White House, Republican, Huffington, Former South Carolina Gov, Biden, Trump Locations: California, Utah

☆ These stocks are well positioned for when the Federal Reserve starts cutting rates, Barclays says
▼ + stars: | 2024-02-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

This would likely push the Federal funds target range to between 4.5% to 4.75% by the end of this year, he said. Take a look at the stocks Barclays thinks are best-positioned for lower rates later this year. Darden Restaurants is one of the consumer names Barclays believes can outperform when the Fed loosens rates. Clothing retailer Gap is another stock Barclays believes will be a rate-cut cycle winner. GPS YTD mountain The Gap shares in 2024 Agribusiness company Bunge also made the cut.

Persons: Terrence Malone, Malone, Jeff Bernstein, Bernstein, Jason Goldberg, Goldberg, Adrienne Yih, Bunge, Ben Theurer, —, Michael Bloom Organizations: Barclays, Darden, Olive Garden, LongHorn, Fifth, Bancorp, Old Navy, Banana, Analysts, Bunge Locations: Olive, Banana Republic

☆ We hiked our Nvidia price target — encouraged by new highs after Goldman Sachs' bear case takedown
▼ + stars: | 2024-02-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

The new Goldman price target — which implies nearly 15.5% upside from Monday's — isn't even the highest on the Street. We're also raising our Club price target on Nvidia to $750 from $600. One of the lowest Nvidia price targets belongs to DA Davidson at $410 per share. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. Nvidia's plan to release a new AI chip each year also adds to the sustainability of data center growth, the analysts argued.

Persons: Goldman Sachs, optimists —, — isn't, We're, Goldman, DA Davidson, Jim Cramer, TSMC, Jim Cramer's, Jim, Jensen Huang, Patrick T Organizations: Nvidia, Goldman, . Rosenblatt Securities, Microsoft, Amazon, Club, Apple, Taiwan Semiconductor Manufacturing Company, Devices, AMD, U.S, CNBC, Mobile, Fallon, Bloomberg, Getty Locations: China, American, Los Angeles

The poll, taken Tuesday through Friday, also found more registered Republicans in the state view Haley unfavorably (47%) than favorably (31%). Trump, meanwhile is viewed favorably by 76% of registered Republicans and unfavorably by just 16%. Some Haley supporters interviewed at her events are left-leaning voters who have little ideological overlap with Haley but are intent on stopping Trump. The day before, he won a rousing endorsement from South Carolina Sen. Tim Scott, whom Haley appointed to the Senate when she was governor. “I think I know what favorable territory is in South Carolina.

Persons: — Richard Anderson, he’s, Anderson, Jackson, Nikki Haley, Donald Trump, “ I’ll, she’s, ”, John McCain, Republicans ’, Nathan Shrader, —, Haley, Trump, Corinne Pullen, Pullen, Haley’s, “, ” Trump, Chris LaCivita, South Carolina Sen, Tim Scott, that’s, Dante Scala, McCain, ” Haley doesn’t, Chris Sununu, Ron DeSantis, I’m, Phil Scott, Biden, Kristen Mansharamani, Mansharamani, Haley’s caucusgoers, Amy Watson, Hollis, Emily Swanson, Jill Colvin, Joseph Frederick, Linley Sanders Organizations: CONCORD, Republican, Mount Washington, New, Republicans, New England College, GOP, CNN, University of New, Trump, Democrats, South, Senate, South Carolina, PAC, New Hampshire Gov, ”, Florida Gov, Vermont Gov, New Hampshire voters, Trump Republicans, AP VoteCast, Washington , Associated Press, Associated Press Locations: N.H, New, New Hampshire, University of New Hampshire, Canterbury, South Carolina, Tuesday's, Trump, Vermont, Lincoln, In Iowa, Iowa, Washington ,, Washington

House Republicans appear poised to ramp up their impeachment inquiry into President Joe Biden, facing headwinds amid resistance to comply with the inquiry from the White House. Three House committees have been investigating whether the president benefited from any of his son Hunter Biden’s overseas business activities, as well as probing other allegations of wrongdoing. But White House counsel has questioned the committees’ legal standing and stymied their path forward as they’ve sought to subpoena the Biden family and others without a chamber-wide vote to formally open the inquiry. The letter notes that Republicans notably made the same argument when former House Speaker Nancy Pelosi unilaterally opened an impeachment inquiry against former President Donald Trump. Still, Johnson signaled that House Republicans will move forward with the inquiry, in one way or another.

Persons: Joe Biden, Hunter Biden’s, they’ve, Biden, Kevin McCarthy, Mike Johnson, Biden’s, “ Joe Biden, James Comer, Hunter Biden, Comer, Hunter, “, White, Nancy Pelosi, Donald Trump, ”, Elise Stefanik, “ coverup, Trump, Johnson Organizations: California Republican, GOP, Republicans, Romania “, Justice Department Locations: California, China, Russia, Ukraine, Romania

But in a letter responding to the committee, Hunter Biden’s lawyer said that he did not trust Republicans to provide a truthful account of what might transpire. “Hunter Biden is trying to play by his own rules instead of following the rules required of everyone else. That won’t stand with House Republicans,” Comer said. “Our lawfully issued subpoena to Hunter Biden requires him to appear for a deposition on December 13. The White House has repeatedly denied any wrongdoing by the president.

Persons: Hunter Biden, Joe Biden, Hunter, ” Abbe Lowell, James Comer of, “, Lowell, ”, ” Comer, “ Hunter Biden, –, Biden’s Organizations: Republicans, House Republicans, Committee Locations: ”, James Comer of Kentucky

Check in on your retirement, credit, and healthcare and make any necessary adjustments. NEW LOOK 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 . Prepare for tax seasonMany people would prefer to avoid thinking about tax season until the deadline on April 15. These include mortgage interest, out-of-pocket medical expenses, state and local taxes, property taxes, and charitable donations to tax-exempt charities.

Persons: —, transpire, it's Organizations: Service

☆ Covid-induced Nobel Prize is on brand
▼ + stars: | 2023-10-02 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

They realized that modifying lab-made mRNA, a molecule used for protein production, nearly stopped the body from mounting an inflammatory response. It takes, on average, about 25 years between publishing work and receiving the Noble Prize in medicine. There are exceptions: insulin was created in 1921, administered to children in 1922, and the inventors were given the prize in 1923. Contrast that to Ralph Steinman, awarded the prize in Medicine in 2011 for work done in 1973. Follow @rob_cyran on XCONTEXT NEWSKatalin Kariko and Drew Weissman were awarded the Nobel Prize in Medicine on Oct. 2 for their work in a paper published in 2005 in the journal Immunity on mRNA molecule modifications.

Persons: Kariko, Drew Weissman, Ralph Steinman, Germany’s, Weissman, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: Reuters, University of Pennsylvania, Medicine, U.S . Defense Department, Pfizer, Moderna, Thomson Locations: Covid

☆ Biden calls on Congress to fund government as Moody's and Wells Fargo warn of shutdown effects
▼ + stars: | 2023-09-26 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden speaks during an event announcing a new White House Office of Gun Violence Prevention, in the Rose Garden of the White House in Washington, D.C., Sept. 22, 2023. WASHINGTON — President Joe Biden on Tuesday asked Congress in a social media post to fund the government as warnings grew that a looming shutdown could harm the U.S. credit rating and dollar. "There's a small group of extreme House Republicans who don't want to live up to that deal," Biden said in the video, posted on X, formerly known as Twitter. Moody's, the only major credit rating agency to still give U.S. sovereign credit a top AAA rating, on Monday said a shutdown would affect that rating. Another major credit rating agency, Fitch, last month downgraded the U.S. long-term foreign-currency issuer default rating.

Persons: Joe Biden, Biden, I'm, Wells, Fitch, Moody's Organizations: White, Washington , D.C, WASHINGTON, Tuesday, Biden, Republicans, Representatives, Republican, AAA, U.S Locations: Rose, Washington ,, America

☆ Live sports is migrating to streaming, taking with it a superpower of the cable TV bundle
▼ + stars: | 2023-09-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —The cable bundle is losing its biggest edge over the streaming competition: live sports. For years, live sports and news have been the cornerstone of the immutable cable bundle. Max is set to launch a live news channel next week, with the birth of CNN Max, the first cable news network to offer a 24/7 live streaming news service. With live news and sports now making their way to streaming, piece by piece, the Jenga puzzle of the cable bundle has started to destabilize. Once ESPN is available directly to consumers, the decades-long grip of the traditional cable bundle will surely fade considerably.

Persons: Max, CNN Max, ” Michael Pachter, Pachter, ” Pachter, Ross Benes, ” Benes, Benes, ” Rich Greenfield, Greenfield, ” Greenfield, ” Organizations: CNN, Warner Bros . Discovery, MLB, NHL, NBA, NCAA, U.S, Soccer, Apple, Major League Soccer, NBC, ABC News, CBS, ESPN, Wedbush Securities, “, Insider Intelligence, Disney, Diamond Sports, Warner Bros, Discovery, LightShed Partners

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