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One NTSB investigator arrived at the crash site Friday afternoon, with several more expected to arrive on Saturday. Brianna Walker saw the wing of the plane drag the car in front of hers and slam into the wall. The tower lost contact, and then airport workers saw the smoke from the interstate just a few miles away, King said. According to the FlightAware aircraft tracker, the plane was operated by Hop-a-Jet Worldwide Charter based in Fort Lauderdale, Florida. A spokesperson for Ohio State University said the aircraft is not affiliated with the university, and they had no further information about it.

Persons: Brianna Walker, ”, Walker, ” Walker, Robin King, “ we’re, King, Adam Fisher, didn’t, “ Organizations: —, Federal Aviation Administration, Bombardier Challenger, FAA, National Transportation, NTSB, Ohio State University, We’ve, Naples Daily News, Sheriff’s, Jet Worldwide, Fort, Jet, Naples Daily Locations: NAPLES, Fla, Florida, Naples, Fort Lauderdale, Columbus , Ohio, Collier, Fort Lauderdale , Florida

☆ The big business of the Super Bowl, from competing advertisers to the ultrawealthy networking
▼ + stars: | 2024-02-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the big business of the Super Bowl, from advertisers to the ultraweal thy . Developing and filming a Super Bowl ad typically runs 50% to 60% more than a regular one. AdvertisementFor some first-time Super Bowl advertisers, the commercial is a jumping-off point for a bigger campaign, writes BI’s Lauren Johnson. The Super Bowl is also a calendar staple for the ultrawealthy, writes BI’s Madeline Berg. A record 68 million Americans are projected to bet $23.1 billion on the Super Bowl, according to the American Gaming Association.

Persons: —, Taylor Swift, Travis Kelce, Patrick Smith, Emily Stewart, that’s, Ryan Joe, Lara O’Reilly, Ryan, BI’s Lauren Johnson, RYU, BI’s Madeline Berg, Elon Musk, Rupert Murdoch —, VistaJet, BI’s Taylor Rains, Grace Kay, it’s, BI’s Juliana Kaplan, Cork Gaines, Usher, David Rosenberg, Quants, Getty, David Butow Here’s, Tesla, Sissie Hsiao, Bard, Gemini, Uber, Dara Khosrowshahi, Lucas Jackson, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ign, Super, Elon, Private, American Gaming Association, San Francisco 49ers, Kansas City Chiefs, Renaissance Technologies, Man, AHL, UBS, Google, Reuters, Merchants, Conference, PepsiCo Locations: Sun Valley, YOLO, New York, London

☆ From million-dollar private boxes to carpooling on private jets, here's how billionaires are doing the Super Bowl
▼ + stars: | 2024-02-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.

Persons: —, Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, “, ” Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, “, Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas, “

☆ Red Sea crisis: How global trade is being upended by attacks on container ships
▼ + stars: | 2024-02-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

That’s added as much as two weeks to a typical East-to-West journey for container ships, and 18 days for slower bulk carriers and tankers. Global container shipping costs are less than half their level during the coronavirus pandemic, which peaked at $10,380 in September 2021. Even so, he said, container shipping is “very cost-effective” as many goods can be packed into a single shipping container. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea on November 20, 2023. Fewer oil tankers have avoided the Red Sea than container ships, which the Houthi militants more closely identify with Western countries allied with Israel.

Persons: Richard Meade, Tesla, Peter Sand, Good Hope, That’s, ”, Lloyd —, “, ” Simon MacAdam, ” Maersk, Meade Organizations: London CNN —, Hamas, Lloyds, CNN, Maersk, Hapag, Carriers, Global, Container, Capital Economics, Organisation for Economic Co, Development, Galaxy Leader, Houthi Military Media, Reuters Locations: Iran, Suez, Asia, Europe, Germany, Swedish, Africa, South Africa’s, Good, Sand, Vietnam, Drewry, Shanghai, China, Rotterdam, Netherlands, Xeneta, Israel, United States, Canada

☆ Grigory Rodchenkov: ‘The Russian flag and anthems have become symbols of murder and rape,’ says doping whistleblower
▼ + stars: | 2024-02-07 | by ( Molly Stazicker | ) edition.cnn.com time to read: +10 min

CNN —Much like Mark Twain, Russian doping whistleblower Dr. Grigory Rodchenkov says that reports of his death have been greatly exaggerated. “There is no question that – if the IOC wants to have any credibility – it would ban them [Russian athletes] for 10 years, no less,” Rodchenkov said. Michel Euler/AP/FILEInternational sporting federations have the first say on whether Russian and Belarusian athletes can even attempt to qualify for the Olympics. “The only way to bring it to an end is to prosecute the organizers under the Rodchenkov Anti-Doping Act. Lira is the first person to be charged and convicted under the Rodchenkov Anti-Doping Act.

Persons: Mark Twain, Grigory Rodchenkov, Rodchenkov, –, Grigory Rodchenkov ”, Jim Walden, Oscar, Russia’s, Rodchenkov’s, ” Rodchenkov, That’s, ” Grigory Rodchenkov, Vladimir Putin, ”, Dmitry Peskov, Michel Euler, it’s, doesn’t, Walden, “, didn’t, ‘, “ It’s, haven’t, Matthieu Reeb, WADA, Eric Lira, Lira, who’s, Dewayne Barrett, Wright –, Barrett’s, Wright didn’t Organizations: CNN, CNN Sport, Netflix, International Olympic Committee, IOC, Paris, Russian Olympic, Olympic, Athletics, BBC, Weightlifting, Doping Agency, Tokyo Games, Liberian, Tokyo Olympics Locations: Sochi, Russia, Russian, Paris, Ukraine, Belarus, Soviet, Ukrainian, Bucha, Belarusian, ’, Texas, Walden, Nigeria, Switzerland, United Kingdom

☆ New sports streaming bundle could be a 'monster' — or a dud. Here are the biggest remaining questions
▼ + stars: | 2024-02-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +9 min

The service will launch this fall and cater to sports fans who don't subscribe to the traditional cable bundle. One person associated with the launch of the new venture told CNBC the platform will be "a monster" and massively disrupt cable TV. Cable TV has been relegated to an add-on that helps keep people subscribing to high-speed internet. The cable bundle has largely survived because it still contains exclusive live news and sports. Previously, the only way for cord cutters to get ESPN outside the cable bundle would have been that coming service.

Persons: LeBron James, Jevone Moore, it's, Lachlan Murdoch, NBC's Peacock, Bob Iger, Rich Greenfield, Max, David Zaslav's, There's, David Zaslav, Lightshed's Rich Greenfield Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Warner Bros . Discovery, Fox, Disney's ESPN, Comcast, DirecTV, CNBC, YouTube, Charter, Cable, Verizon, Mobile, Satellite, Google, Hulu, Live, Disney, Warner Bros, NBC, CBS, National Football League, Paramount, ESPN, Fox News, CNN, MSNBC, Wall Street, Financial Times, TNT, TBS, HGTV, Discovery, Paramount Global Locations: Los Angeles

☆ Disney stakes its claim in the upcoming Peltz board fight with an amazing quarter
▼ + stars: | 2024-02-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

That's what makes the upcoming proxy battle between Disney and the activist investor Nelson Peltz so compelling. Peltz's Trian Partners investment firm oversees about $3 billion worth of Disney stock, including shares held by former Marvel Entertainment Chairman Ike Perlmutter. For its fiscal second quarter, Disney expects net additional subscribers to Disney+ between 5.5 million and 6 million, with domestic adding 7.5 million due to its agreement with Charter Communications, while international core subs decline modestly. Disney is getting closer and closer to achieving its first profitable DTC quarter, which it continues to expect in its fiscal fourth quarter. In the Experiences segment, Disney delivered record revenue, operating income, and operating margin in its fiscal first quarter.

Persons: Bob Iger, Iger, Hugh Johnston, Nelson Peltz, Jay Rasulo, Peltz's, Ike Perlmutter, Taylor, Taylor Swift, –, Johnston, Disney, WBD, That's, Jim Cramer's, Jim Cramer, Jim, Gabby Jones Organizations: Disney, Revenue, LSEG, Peltz's Trian Partners, Marvel Entertainment, Entertainment, Hulu, Netflix, Charter Communications, Networks, Walt Disney World, Disneyland, Cruise, Sports, ESPN, Fox, Warner Bros Discovery, CNBC, Management, Epic Games, Bloomberg, Getty Locations: Disney's, Florida, California, buybacks, Brooklyn , New York

☆ New sports streamer will change TV as we know it — and may start an industry fight. Execs tell me what they really think.
▼ + stars: | 2024-02-07 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

The new sports streamer that Disney, Warner Bros., and Fox announced Tuesday is a really big deal that could reshape TV . And then they charge the big pay TV distributors a ton to carry their broadcasts of those games. Which may explain why, up until Tuesday, they hadn't told any of the pay TV companies or sports leagues about their plans, industry executives tell me. But if you're the kind of person who's buying an antenna to watch sports TV, you're not going to buy this thing anyway.) Also: The big TV guys didn't like it in 2015 when HBO started competing with them by selling itself as a stand-alone service.

Persons: they're, Nathan McAlone, Nathan, Justin Casterline, Peacock, John W, I'm, Michael Nathanson, —, they'd Organizations: Service, Warner Bros, Fox, Business, NFL, CBS, NBC, Hulu, YouTube, Disney, ESPN, Warner Bros ., Comcast, Sports, McDonough, Getty, NBA, TNT, TBS, DirecTV, Verizon, AT, HBO

☆ How Las Vegas airports are bracing for an influx of private jets for the Super Bowl
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +6 min

Some 330,000 people are expected to visit Las Vegas this weekend as the Kansas City Chiefs take on the San Francisco 49ers in Super Bowl LVIII. AdvertisementThese include Sin City's main Harry Reid International Airport, as well as Henderson Executive Airport, North Las Vegas Airport, and Boulder City Airport in the suburbs. Speaking to the Henderson and North Las Vegas airports, Hayes told BI there are about 1,100 slots across the two. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Las Vegas, Clark County, Vegas, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Tokyo, Missouri, Baltimore, Nashville

☆ Even the wealthy will have to pay extra for parking at the Super Bowl — at least for their private jets
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +7 min

Hundreds of private jets are expected to flood Las Vegas this weekend for Super Bowl LVIII. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. Scottsdale Airport in Arizona saw a deluge of private jets ahead of the Super Bowl in 2023. Wealthy flyers will also use private charter companies like flyExclusive and VistaJet to schedule a drop-off and pick-up before and after the Super Bowl. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Taylor, —, Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Service, Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Vegas, Tokyo, Las Vegas, Clark County, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Missouri, Baltimore, Nashville

☆ The 6 biggest questions about ESPN, Fox, and WBD's new sports streamer
▼ + stars: | 2024-02-07 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

ESPN parent Disney and Fox report earnings on Wednesday, and more answers could be on the way. Here are six of the biggest questions coming out of the new announcement:How much will it cost? This new streamer could be the thing that finally kills cable TV. If they believe it has promise, could it give ESPN, Fox, and WBD more bargaining power in sports-right negotiations and greater ability to shoulder the sky-high costs? Will this new streamer come to the negotiating table for more sports rights to pad out its offering?

Persons: Bernstein, Paul Verna, Brian Weiser, there's, Disney's Bob Iger, Fox's Lachlan Murdoch, WBD's David Zaslav Organizations: ESPN, Disney, Fox, CNBC, YouTube, NBC, English Premier League —, Insider Intelligence, Business, Hulu, Netflix, JV, Amazon Locations: Madison, Disney's

☆ Watch as a plane skids off a runway and into the snow at a Lithuanian airport
▼ + stars: | 2024-02-06 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

The Airbus 320 model, belonging to the airline carrier Avion Express, veered off to the right as it landed at Vilnius Airport but slowly returned to the runway. Representatives for Vilnius Airport confirmed that videos circulating online were of the incident. AdvertisementVilnius Airport ceased operations for hours following the incident to inspect the runway but resumed flights soon after. "Please be informed that following the incident this afternoon, the runway at Vilnius Airport will be reopened for operations from 17:00, and flights will continue as normal," the airport wrote on Saturday. Representatives for Vilnius Airport told Business Insider they had no further information to provide.

Persons: skidding, —, skidded, Communications Rolanda Lipneviciute Organizations: Service, Airbus, Avion Express, Vilnius Airport, Facebook, Ministry, Justice, Business, Avion, Communications Locations: Milan, Vilnius, Lithuanian, Republic of Lithuania, Lithuania

☆ Taylor Swift quietly downsizes to one private jet
▼ + stars: | 2024-02-06 | by ( Grace Kay | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Swift has faced backlash for her private jet usage in the past. AdvertisementTaylor Swift is down to one private jet. Up until January, the pop star had two private jets: the Dassault 900 and a Dassault 7X. The Dassault 7X is still registered to Island Jet Inc., a holding company listed under the same address as Taylor Swift Productions. In 2022, Swift topped a list of celebrities with the most private jet carbon emissions.

Persons: Taylor, Swift, —, Taylor Swift, Travis Kelce, Swift's, Jack Sweeney, Sweeney Organizations: Service, Dassault Falcon, Federal Aviation, SATA, Taylor Swift Productions, FAA, Dassault, Business Jet, Dassault 7X, Island Jet Inc, BI, PIA, Washington Post Locations: Nashville, Tennessee, Missouri, Illinois, St, Louis , Missouri, Baltimore, Tokyo, Las Vegas

☆ Well, this could be what finally kills cable TV
▼ + stars: | 2024-02-06 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

It could end up killing cable TV. That said, it really seems like this new service will include all the major sports offerings on cable TV. Cord cutting has been gradually chipping away at the cable TV ecosystem for years. AdvertisementBut don't cry too much yet for the cable TV companies. Last year, in a dispute with Disney, Charter, one of the biggest cable companies in the US, called the cable TV model broken and said it was willing to walk away entirely.

Persons: —, Price, it's Organizations: Disney, Fox, Warner Bros, ESPN, Service, ESPN2, ABC, FOX, TNT, TBS, truTV, CBS, NBC, NFL, Paramount, Netflix, CNN, Fox News, MSNBC, P Global Market Intelligence

☆ Brooklyn charter school offering investing class for 8th graders
▼ + stars: | 2024-02-06 | 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 EmailBrooklyn charter school offering investing class for 8th gradersHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: CNBC

☆ Here's who could be next to pay a dividend after Meta's big announcement, according to Goldman
▼ + stars: | 2024-02-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

While the tech giant joins other megacap dividend payers such as Microsoft and Apple , many other large names still pay no dividend, including Alphabet and Amazon . Alphabet has estimated consensus sales growth of 11% for 2024, while Amazon has a consensus estimate of 12% sales growth. RH has a consensus estimate of 4% sales growth for 2024 and a 37% last-twelve-month buyback yield. It has a consensus estimate of 6% sales growth for 2024 and a last-twelve-month buyback yield of 9%. Lastly, Charter Communications has a consensus estimate that predicts 1% sales growth for 2024 and a last-twelve-month buyback yield of 5%.

Persons: Goldman Sachs, Ryan Hammond, buybacks, Hammond, Sarat Sethi, That's, Sethi, Goldman, financials, Russell, Meta's, DCLA's Sethi, RH, — CNBC's Michael Bloom Organizations: Microsoft, Apple, Meta, Amazon, AutoZone, Communications, StreetAccount Locations: Goldman's, DCLA

☆ Senate probe zeroes in on Harlan Crow tax deductions for superyacht used for Clarence Thomas vacations
▼ + stars: | 2024-02-06 | by ( Eamon Javers | ) www.cnbc.com time to read: +3 min

How Crow uses his 160 foot yacht has drawn the attention of Senate Finance Committee investigators, who are probing Crow's financial and personal ties to Supreme Court Justice Clarence Thomas. Thomas and his wife Ginni Thomas have taken several cruises aboard the ship, the Michaela Rose, including trips around Indonesia and New Zealand. Rochelle Charter, Inc., which was formed by the Crow family to lease out the yacht, reported tax-deductible business losses in 10 of the 13 years for which ProPublic has records. In order for business losses to be deducted from federal income taxes, a company must be engaged in an actual business with paying customers. "Mr. Crow engages professional accounting firms to prepare his tax returns and complies with tax law in good faith.

Persons: Clarence Thomas, Al Drago, Harlan Crow's, Crow, Thomas, Ginni Thomas, Michaela Rose, Ron Wyden, Sen, Erin Scott, ProPublic, Wyden, Harlan Crow, Mr Organizations: U.S, Supreme, White, Washington , D.C, Bloomberg, Getty Images WASHINGTON — Billionaire, IRS, CNBC, Finance, Democratic, Reuters Tax, Inc, Internal Revenue Service Locations: Washington ,, Indonesia, New Zealand, Washington, Rochelle

☆ YouTube has become one of the biggest pay TV services in the US
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

YouTube TV is now the fourth-biggest pay TV service in the US. It's here now: Its YouTube TV offering has become one of the biggest pay-TV services in the US. YouTube TV — which, like conventional pay TV, sells a bundle of dozens of channels — now has "more than 8 million" subscribers, YouTube CEO Neal Mohan announced Tuesday morning. Now comes the other part of the equation: As YouTube TV has grown, conventional pay TV has shrunk. And it's partly because some pay TV providers — like Comcast — have stopped trying to convince customers to keep or get pay TV.

Persons: —, Neal Mohan, there's Organizations: Google, YouTube, Service, Charter, Comcast, DirecTV, NFL

(AP) — Conservative lawmakers who want to intertwine religion with school curriculum in Republican-dominated Nebraska presented a slew of bills Monday to the state Legislature’s education committee. Another measure would change school funding to loop in private school tuition while forbidding the state from interfering in private schools’ curriculum or beliefs. The bill introduced last year was among those that stalled as conservatives focused on passing a bill to allow taxpayer money to be used to fund private school scholarships. Others argued Erdman’s bill would hurt funding for rural school districts like his own, which has fewer than 350 students. Under the bill, out-of-state teachers could gain Nebraska certification by taking a knowledge-testing exam they must pass.

Persons: LINCOLN, Sen, Dave Murman, Steve Erdman’s, Erdman, ” Ron Cunningham, Lincoln, Loren Lippincott’s, “, Omaha Sen, Kathleen Kauth —, Jim Pillen Organizations: — Conservative, Republican, Nebraska Legislature’s, Democratic, Omaha, Gov Locations: Neb, Nebraska, Glenvil, Arizona

☆ A startup airline that wants to fly Airbus A380 planes between New York and London said it bought its first superjumbo
▼ + stars: | 2024-02-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

British startup carrier Global Airlines said on Friday that it had fully acquired an Airbus A380 jet previously owned by China Southern Airlines. MSN 120, however, is not the same plane that Global said it acquired back in May 2023. Following the purchase of MSN 120, Global expects to acquire three more A380s and hopefully launch commercial flights "later this year," it said. "The renaissance of the A380 is really the focus of Global Airlines," HiFly CCO Richard Stephenson said in a December video posted by Global. Simple Flying reported Global would refurbish MSN 120 but keep its China Southern seats.

Persons: James Asquith, Richard Stephenson, Asquith, Hospitio, Brad Beakley, Beakley Organizations: Global Airlines, Airbus, China Southern Airlines, MSN, Global, CNN, Singapore Airlines, China Southern, 9H, Center for Aviation, Portuguese, HiFly, Global Airlines Asquith, Boeing, Weekly, Gatwick, American Airlines, luxe, Travel Locations: Malta, China, London, New York, Los Angeles

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Mattel, Amazon, Tesla, Charter, Cigna, Tapestry & more
▼ + stars: | 2024-02-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman raised its price target on the stock to $800 per share from $625. "So, since our price target is > $135, we must necessarily believe that Tesla's OTHER businesses will emerge to drive upside. JPMorgan downgrades Mattel to neutral from overweight JPMorgan said in its downgrade of Mattel that the Barbie boost was short-lived for the toy company. JPMorgan reiterates Amazon as overweight JPMorgan said it's standing by top idea Amazon. " JPMorgan reiterates PayPal as overweight JPMorgan said it's standing by PayPal heading into earnings later this week.

Persons: Goldman Sachs, Goldman, Cantor Fitzgerald, Cantor, it's, Piper Sandler, Tesla, Piper, Riley downgrades, Redburn, TD Cowen, Smith Douglas, it's bullish, JPMorgan downgrades, Barbie, Evercore, …, Moffett, Guggenheim, Davidson downgrades Clorox, cyberattack Organizations: Nvidia, Bank of America, Apple, Apple's, Vision, Tesla Energy, Cedar Fair, SIX, Citi, JPMorgan downgrades, JPMorgan, Broadband, Companies, Smith, Smith Douglas Homes, JPMorgan downgrades Mattel, Mattel, Guggenheim, Inc, DA, PayPal Locations: United States

Most details of the Democratic governor's budget plan for the 2024-25 fiscal year, which starts July 1, remain under wraps. But Shapiro has made it clear he will seek more money for higher education and public transit agencies and possibly underfunded public schools. He also wants to spend more money to attract major companies and seems ready to revisit the controversial item that helped sow a protracted budget fight last year: creating a new private school voucher program. Here’s what to watch for Tuesday:THE BUDGET BASICSShapiro will almost certainly propose an operating budget that spends above this year’s $45 billion approved plan. Those include nearly $300 million more for public transit agencies, a roughly 25% increase, and a substantial, but undisclosed, increase for state-owned universities.

Persons: Josh Shapiro, Shapiro, he's, ” Shapiro, hasn't, Pennsylvania's, Marc Levy Organizations: —, Democratic, Senate, Rotunda . Governors, Republican, Republicans Locations: HARRISBURG, Pa, Pennsylvania, , Pennsylvania, www.twitter.com

Last week, Chinese stocks capped their worst week in five years. On Friday, Big Tech stocks once again carried Wall Street to a record, even though the majority of stocks fell due to renewed worries about risks of a hot economy. The Big Tech stocks, which are two of Wall Street’s most influential, also vaulted the Nasdaq composite up by 1.7%. But the Dow Jones Industrial Average, which has less of an emphasis on tech, rose by a more modest 0.3% to 38.654.42. They’re both members of a small group of Big Tech stocks known as the “Magnificent Seven” responsible for the majority of Wall Street’s run to a record.

Persons: Donald Trump, Hang Seng, Australia’s, it’s, Stocks, Jerome Powell, They’re Organizations: China Securities Regulatory Commission, Nikkei, Big Tech, Meta, Dow Jones, Nasdaq, Federal Reserve, Facebook, Amazon, Apple, Charter Communications, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, Beijing, Shenzhen, Shanghai, U.S, China, Hong, Asia

☆ Russia Accuses Biden of Seeking Election Boost With Syria, Iraq Strikes
▼ + stars: | 2024-02-05 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Michelle NicholsUNITED NATIONS (Reuters) - Russia accused President Joe Biden on Monday of carrying out strikes in Iraq and Syria to boost his image as the presidential election campaign "is heating up" - not in retaliation for a deadly attack on U.S. soldiers. Ambassador Vassily Nebenzia, at a meeting of the Security Council on the strikes which was requested by Moscow, said there was no justification for the U.S. action. And we are not seeking a direct conflict with Iran. He added that the strikes in Syria and Iraq were a "separate and distinct" operation from U.S. and British strikes against the Iran-aligned Houthi group in Yemen in response to the Houthi targeting of shipping in the Red Sea. (Reporting by Michelle Nichols in New York, Lidia Kelly in Melbourne and Nandita Bose in Washington; Editing by Stephen Coates)

Persons: Michelle Nichols UNITED, Joe Biden, Washington, Russia's U.N, Vassily Nebenzia, Biden, Robert Wood, Wood, Iran's U.N, Amir Saeid Iravani, U.N, Michelle Nichols, Lidia Kelly, Nandita Bose, Stephen Coates Organizations: Michelle Nichols UNITED NATIONS, Reuters, United States, Revolutionary Guard, Security, U.S, Pentagon Locations: Russia, Iraq, Syria, U.S, Jordan, Moscow, America, Israel, Gaza, United States, Iran, Yemen, Red, New York, Melbourne, Washington

☆ Kellyanne Conway: Who Should Be Trump’s No. 2? - The New York Times
▼ + stars: | 2024-02-05 | by ( Kellyanne Conway | ) www.nytimes.com time to read: +2 min

His dominance in the polls and at the polls this year make clear the will of the people: They want Mr. Trump to be No. Hence the curiosity: Who does Mr. Trump want to be his No. As a congressman representing Indiana, Mr. Pence had worked in Washington for 12 years, but never became Washington. Talk has turned to whether Mr. Trump should choose an insider or an outsider, a man or a woman, a legislator or an executive. Yet I think the most important vice-presidential selection question for Mr. Trump is less “who?” than “why?” In other words, the individual should complement, not complicate, his America First record and vision, and recognize the difference between loyalty-as-tenacity (yes) and loyalty-as-obsequiousness (no).

Persons: Trump, Donald Trump, Nikki Haley, Electability, Mike Pence, Pence, Hillary Clinton’s Organizations: Iowa, United, Indiana, Healthy Locations: New Hampshire, ”, Nevada , South Carolina, Japan, Indiana, Healthy Indiana, Washington, Midwest, Manhattan

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