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☆ A new version of TikTok that rewards you with Amazon vouchers and gift cards for watching videos is facing a crackdown in Europe
▼ + stars: | 2024-04-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewDigital regulators in Europe are clamping down on a new feature by TikTok that rewards users for consuming videos and interacting with creators, citing addiction concerns among children. The European Commission said on Monday that it had opened formal proceedings against TikTok Lite, a spinoff version of the TikTok app that uses less mobile data and launched in Spain and France in March. Users can earn such points on the Lite app by watching videos for up to 85 minutes daily. "We suspect TikTok 'Lite' could be as toxic and addictive as cigarettes 'light,'" said Thierry Breton, commissioner for the internal market in the EU. "The TikTok Lite rewards hub is not available to under 18s, and there is a daily limit on video watch tasks," the spokesperson said.

Persons: —, TikTok, Thierry Breton, Tiktok, TikTok didn't, Breton, it's Organizations: Service, European, Business, AFP, Digital Services Locations: Europe, Spain, France, EU

☆ 'Bargain' energy stocks: Morningstar strategist picks 5 to buy as oil prices slide
▼ + stars: | 2024-04-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Heightened geopolitical tensions have triggered volatility in crude oil prices, but one strategist is looking keenly for opportunities in the energy sector. Stephen Ellis, energy and utilities strategist at Morningstar, said oil market volatility does present challenges and urged investors to be patient, which "regularly pays off within energy." Brent crude oil prices were trading around $86.50 on Apr. 'Quality' names within energy Ellis said he searches for quality names when selecting stocks in the energy space. "All of these are 'moaty' firms that have some upside to our fair value estimates, even in a period of high oil prices," Ellis explained.

Persons: Stephen Ellis, Ellis, Morningstar, SLB Morningstar, It's Organizations: Morningstar, CNBC Pro, TC Energy, APA Corp, ExxonMobil, Schlumberger Locations: Brent, Suriname

☆ Opening Bell: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailOpening Bell: April 22, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from April 22, 2024

Organizations: New York Stock Exchange, Nasdaq

☆ Monday, April 22, 2024: The Investing Club breaks down what led to tech sell-off
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Monday, April 22, 2024: The Investing Club breaks down what led to tech sell-offJim and Jeff discuss the stock moves for this semiconductor stock. They also talk about the sell-off of this semiconductor stock. Finally, they discuss this big tech stock.

Persons: Jim, Jeff

☆ Market Open: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailNews Update – Market OpenCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ CNBC Markets Now: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailCNBC Markets Now: April 22, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Voyager 1 regains communications with NASA after inventive fix
▼ + stars: | 2024-04-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Voyager 1’s flight data system collects information from the spacecraft’s science instruments and bundles it with engineering data that reflects its current health status. But since November, Voyager 1’s flight data system had been stuck in a loop. By investigating the readout, the team determined the cause of the issue: 3% of the flight data system’s memory is corrupted. Members of the Voyager flight team celebrate after receiving the first coherent data from Voyager 1 in five months at NASA's Jet Propulsion Laboratory on April 20. And younger engineers are coming onto the Voyager team and contributing their knowledge to keep the mission going.”

Persons: they’ve, ”, Linda Spilker, “, Suzanne Dodd, “ We’ve, we’ve Organizations: CNN, NASA, Voyager, JPL, Network, Jet Propulsion Laboratory, Caltech

☆ Watch Monday's full episode of the Halftime Report — April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailWatch Monday's full episode of the Halftime Report — April 22, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta on Dec. 22, 2021. Delta Air Lines said it is raising staff pay by another 5% this year as the country's most profitable airline prepares for the busy summer travel season. The pay increase, which starts June 1, applies to workers including flight attendants, ground handlers, mechanics and some office workers, among others. Delta raised staff pay by 5% last year and the pay hike unveiled Monday is the third the Atlanta-based carrier has announced since 2022. With the new raises, starting pay at Delta's mainline operation in the U.S. will rise to $19 an hour from $16.55.

Persons: Delta, Ed Bastian Organizations: Delta Air Lines, Jackson Atlanta International Airport, Association of Flight, CWA Locations: Hartsfield, Atlanta, U.S

☆ Post Market Wrap: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailNews Update – Market CloseCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ Caitlin Clark will reportedly sign a sneaker deal with Nike
▼ + stars: | 2024-04-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Caitlin Clark is reportedly set to wear her own signature Nike sneaker in the WNBA. Now she’s set to sign an eight-year deal worth up to $28 million with Nike, according to the Wall Street Journal. The Athletic has reported that Clark’s deal includes a signature Nike shoe. CNN has not independently confirmed a deal between Clark and Nike. Nearly all major stars in the NBA have sneaker deals, including James, Kevin Durant and Luka Doncic with Nike and Stephen Curry with Under Armour.

Persons: Caitlin Clark, Clark, LeBron James, Serena Williams, Derek Jeter, James, Kevin Durant, Luka Doncic, Stephen Curry, Brian Nagel, Sabrina Ionescu, ” Brian Nagel Organizations: New, New York CNN, Nike, WNBA, Wall Street, CNN, State Farm, Gatorade, Panini, NBA, Oppenheimer, New York Liberty Locations: New York

☆ The Late Morning Rundown: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ Watch Monday's full episode of Fast Money — April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailWatch Monday's full episode of Fast Money — April 22, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ India election: Modi’s Muslim remarks spark ‘hate speech’ accusations as mammoth vote deepens divides
▼ + stars: | 2024-04-22 | by ( Rhea Mogul | ) edition.cnn.com time to read: +12 min

CNN —India’s Prime Minister Narendra Modi has been accused of delivering Islamophobic remarks during an election rally Sunday, triggering widespread anger from prominent Muslims and members of the opposition. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Kalpit Bhachech/Dipam Bhachech/Getty Images Narendra Modi pictured in India on January 23, 1998. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: CNN —, Narendra Modi, Islamophobic, Modi’s, Modi, ”, ” Modi, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Rana Ayyub, Asaduddin Owaisi, “ Modi, Mallikarjun Kharge Organizations: CNN, CNN — India’s, Bharatiya Janata Party, BJP, Indian National Congress, of India, India's, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Sangh, Hindu, “, Hate Locations: Rajasthan, Sydney, Australia, Gujarat, India, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, BJP, “

☆ Watch Monday's full episode of Mad Money with Jim Cramer — April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailWatch Monday's full episode of Mad Money with Jim Cramer — April 22, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ CNBC TechCheck Evening Edition: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailCNBC TechCheck Evening Edition: April 22, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

Charly Triballeau | AFP | Getty ImagesBillionaire donors like Robert Kraft and Leon Cooperman are weighing their support for Columbia University amid rising campus tensions over pro-Palestinian protests. "Columbia is grateful to Mr. Kraft for his years of generosity and service to Columbia," a Columbia spokesperson said in a statement to CNBC. Cooperman and Kraft so far, represent a minority of wealthy Columbia University donors who are speaking out on the protests. CNBC reached out to half a dozen foundations listed by Columbia University as having given at least $1 million to the school since 2014. Students protest in support of Palestinians on Columbia University campus, as protests continue inside and outside the university, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in New York City, U.S., April 22, 2024.

Persons: Bruce A Blakeman, Charly Triballeau, Robert Kraft, Leon Cooperman, Kraft, Nemat, Shafik, Roger Goodell, Austin McAfee, Cooperman, James Gorman, Morgan Stanley, David Greenspan, Leon Cooperman Scott Mlyn, University President Shafik, Caitlin Ochs Organizations: Nassau, Columbia University, AFP, Getty, Columbia, New England Patriots, Georgia World, Center, Kraft Group, Foundation, Combat, Kraft Center for Jewish, The Kraft Group, CNBC, Omega Family, Columbia Business School, Slate, CNBC Columbia Students, Justice, New York Police, NYPD, University President, Students, Columbia University campus, Hamas Locations: New York, Columbia, Gaza, Atlanta, Palestine, Israel, Palestinian, New York City, U.S

☆ Caitlin Clark made up for her modest salary with a bonkers Nike deal
▼ + stars: | 2024-04-22 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Caitlin Clark inked a $28 million, eight-year Nike deal, The Wall Street Journal reported. Nike won the most competitive bidding war in women's basketball history, per the Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBasketball phenom Caitlin Clark sparked outcry earlier this month over the relatively modest yearly salary of $76,535 she's pocketing during her first year in the WNBA. But the 22-year-old breakout will more than make up for that amount thanks to a freshly-inked deal with Nike worth as much as $28 million over the course of eight years, The Wall Street Journal reports.

Persons: Caitlin Clark, — Organizations: Nike, Street Journal, WNBA, Service, Street, Business

High mortgage rates are likely to constrain affordability through the peak homebuying season, which typically lasts from spring to early fall. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Essentially Flat (+0.01%)The average 15-year mortgage rate is 6.25%, just a single basis point higher than last week. Mortgage Refinance Rates30-Year Fixed Refinance Rates Inch Up (+0.09%)The average 30-year refinance rate is 7.53%, nine basis points higher than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: you'll, It's, refinance Organizations: US, of, CPI, Incoming, Zillow, FHA Locations: Chevron

☆ UK property prices: Brits face biggest obstacles in 70 years to buying a first home
▼ + stars: | 2024-04-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

“During some periods both the cost of buying (down payments) and the cost of owning (mortgage repayments) have been high. Mortgage rates biteThe average mortgage repayment has rocketed since late 2021 as the Bank of England, along with other major central banks, began jacking up official interest rates to bring down inflation. (The interest rate on some government bonds is used to set mortgage rates). On Monday, the average rate on a two-year fixed-rate mortgage stood at 5.82%, according to data from product comparison website Moneyfacts. “An election is due within the next year and a new government, committed to helping prospective first-time buyers, might start by acknowledging the challenges younger generations face not just in housing but more generally,” the BSA said.

Persons: Liz Truss, “ Organizations: London CNN, Building Societies Association, BSA, Office, National Statistics, Bank of England, UK Finance Locations: United Kingdom, London, England, Wales

☆ UnitedHealth paid ransom to bad actors, says patient data was compromised in Change Healthcare cyberattack
▼ + stars: | 2024-04-22 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data, following the February cyberattack on its subsidiary Change Healthcare. The company also confirmed that files containing personal information were compromised in the breach. "A ransom was paid as part of the company's commitment to do all it could to protect patient data from disclosure." UnitedHealth said in the release that 22 screenshots, allegedly of the compromised files, have been uploaded to the dark web. The call center will not be able to offer any details about individual data impact given the "ongoing nature and complexity of the data review," UnitedHealth said.

Persons: UnitedHealth, Andrew Organizations: UnitedHealth, Healthcare, CNBC, Change Healthcare Locations: America

☆ The Pre-Market Rundown: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ A top fund manager is using these 7 global stocks to beat the market
▼ + stars: | 2024-04-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. Hinchliffe oversees more than $1 billion of PineBridge's assets via its Global Focus Equity Fund . What we are trying to do is beat the benchmark by constructing our portfolio to be similar to the market from a risk perspective," Hinchliffe said. "We're not taking a view that small caps are better or worse this year than last year; we're not taking the view that growth stocks are better than value stocks. The portfolio manager noted that they "clearly led the market last year based on fantastic earnings growth by and large."

Persons: Rob Hinchliffe, Hinchliffe, —, Morningstar, We're, we're, France's Legrand Organizations: PineBridge Investments, CNBC Pro, Global Focus Equity Fund, Equity Fund, Stock, Microsoft, Nvidia, Walmart Locations: U.S, Swiss

☆ Top of Kharkiv’s giant TV tower crashes to ground after Russian missile strike
▼ + stars: | 2024-04-22 | by ( Maria Kostenko | Andrew Carey | ) edition.cnn.com time to read: +2 min

Kyiv CNN —The top section of a giant television tower in Kharkiv has crashed to the ground after the structure was hit by a Russian missile, a Ukrainian official says. Video circulating on social media shows the moment the top of the mast broke, rotated through 180 degrees, and fell to earth. Subsequent videos also posted on social media show the mast lying where it fell, surrounded by trees at the foot of the tower. The television tower in Kharkiv, Ukraine, after its top crashed to the ground following a Russian missile strike on April 22, 2024. A month ago, the city’s main power plant was destroyed in a Russian strike, along with all electricity substations in the city, according to the mayor.

Persons: Oleh Syniehubov, Sofiia Gatilova, Russia –, Volodymyr Zelensky, Joe Biden Organizations: CNN, Kharkiv, Reuters, US, Pentagon Locations: Kharkiv, Russian, Ukraine, Soviet Union, Reuters Kharkiv –, Russia

☆ The Pre-Market Rundown 2: April 22, 2024
▼ + stars: | 2024-04-22 | 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 EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

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