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☆ How David Zaslav can save Warner Bros. Discovery as the cable bundle collapses, according to a top media analyst
▼ + stars: | 2024-08-14 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

AdvertisementThose moves show just how rapidly the cable TV business is unraveling. WBD's direct-to-consumer segment still loses money, and its streaming revenue actually declined 6% from last year — even though Max added 3.7 million subscribers. WBD added 3.9 million streaming subscribers abroad last quarter, thanks to its rollout across Europe ahead of the Olympics, which the company broadcasts outside the US. If that service attracts enough cord-cutters, it could help stop the bleeding in WBD's fast-declining pay TV business in a best-case scenario. Join forces with other media firmsAdvertisementAlthough WBD is struggling as the pay-TV business shrinks, the silver lining is that it's not alone.

Persons: —, David Zaslav, Patience, WBD wasn't, Max, Fox —, Tim Nollen, WBD, Nollen, Venu, NBA would've, it's Organizations: Service, Warner Bros, Business, Paramount, Macquarie Research, Disney, NBA, Comcast's NBC, MLB, NHL, TNT, TBS, Max, Hulu Locations: WBD, Europe, Latin America

☆ Real Estate Status Symbol: New Home From Your Favorite Luxury Brand
▼ + stars: | 2024-08-14 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

This spring, the company unveiled plans for Pagani Residences, a 70-unit condo development in Miami's North Bay Village. Beyond automakers, there's a growing list of luxury brands hoping to use real estate to turn their cultural cachet into cold, hard cash. New York's five-star Sherry-Netherland Hotel began welcoming long-term residents almost a century ago, and since then roughly 700 branded residences have graced skylines around the world. But when it comes to branded residences, there are real selling points for buyers. The Elle project may seem out of left field, but Itani told me he's talking with another publication interested in making similar inroads.

Persons: carmaker Pagani, Pagani, Carlo Dipasquale, Aston Martin, Carbone, Gabbana, Elle, Sherry, we've, that's, Itani, Drake, Giorgio Armani, aren't, Brand, They're, they're, Laura Steinbruckner, Ferrari, Rob Sykes, WATG, hadn't, Cipriani, they've Organizations: Pagani Residences, Mercedes, Benz, Porsche, Bentley, Global, Condo, Brands, Carlton, Nobu, Peruvian, Armani Casa, South Florida —, Villa Miami, Major Food Group, Gabbana, Hilton, Fiat, Apple Locations: Bay, South Florida, Miami, Miami Beach, Dubai, London, New York, Netherland, Spain, Toronto, homebuilding, Plenty, Villa

☆ Sudan conflict: North Sudan’s remaining hospital risks closure as deadly civil war intensifies
▼ + stars: | 2024-08-14 | by ( Caitlin Danaher | ) edition.cnn.com time to read: +2 min

CNN —The last operating public hospital in Sudan’s North Darfur state is at risk of closure, Doctors Without Borders (MSF) warned Wednesday, amid fierce fighting between the country’s rival military factions that have left more than 18,000 people dead and 33,000 injured. Civil war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) broke out in April last year and has intensified in El Fasher, the North Darfur capital, since May when the paramilitary RSF group encircled the city. The MSF-supported Saudi Hospital in El Fasher has suffered extensive damage following the continued bombardment of the city over the last week, leaving it barely functional, MSF said. “Sunday’s attack on Saudi Hospital – which is the largest hospital in North Darfur state – makes it crystal clear that the warring parties are making no efforts to protect health facilities or the civilians inside them. “This month’s determination of famine in one part of Sudan risks spreading and leading to a catastrophic loss of children’s lives,” the spokesman said.

Persons: “, ” Michel Olivier Lacharité, El Fasher, James Elder, ” Elder, Elder Organizations: CNN, Sudanese Armed Forces, SAF, Rapid Support Forces, MSF, Saudi Hospital, Saudi, UNICEF Locations: Sudan’s North Darfur, El Fasher, North Darfur, Sudan

☆ US Open wildcards: Former champions Dominic Thiem, Naomi Osaka, Stan Wawrinka headline
▼ + stars: | 2024-08-14 | by ( James Hansen | ) www.nytimes.com time to read: +2 min

The US Open has announced its singles wildcards for 2024, led by former champions Dominic Thiem, Naomi Osaka, Stan Wawrinka, and Bianca Andreescu. Thiem won the tournament in 2020, beating Germany’s Alexander Zverev in the eerie surrounds of an empty Arthur Ashe stadium during the Covid-19 pandemic. Wawrinka, who beat Novak Djokovic to win the 2016 edition, is currently ranked No 141. Osaka is currently world No 90, with Andreescu world No 166. GO DEEPER Naomi Osaka, The Comeback Interview: A tale of pregnancy, fear and a ballerinaOf the home hopes, Tien and Anisimova stand out.

Persons: Dominic Thiem, Naomi Osaka, Stan Wawrinka, Bianca Andreescu, Chris Eubanks, Zachary Svajda, Matthew Forbes, McCartney Kessler, Amanda Anisimova, Alexa Noel, Iva Jovic, Chloe Paquet, Taylah Preston, Alexandre Muller, Tristan Schoolkate, Thiem, Germany’s Alexander Zverev, Arthur Ashe, Wawrinka, Novak Djokovic, Serena Williams, Williams, Tien, Jessica Pegula, Billie Jean King, Coco Gauff Organizations: Thiem, Japan’s Osaka, Canada’s, French, Challenger, ITF, WTA, Billie Jean King National Tennis Centre Locations: Vienna, Osaka, Tien, Toronto, Flushing Meadows

☆ Murdoch family battle highlights Nevada's secret trust boom
▼ + stars: | 2024-08-13 | by ( Robert Frank | ) www.nbcnews.com time to read: +6 min

The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts and a friendly home to the world’s biggest fortunes. The Western state’s fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. At the center of the Murdoch case is the Murdoch Family Trust, which holds the powerful voting shares in News Corp. and Fox Corp. that effectively control the companies. (The trust also contains the family farm in Australia, the Murdoch art collection and its Disney shares.) “Normally a family would have some ties in Nevada to establish trust, either living here or having real estate,” Tyrell said.

Persons: Murdoch, ”, Steven Oshins, ” Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Rupert Murdoch, Lachlan, James, Elisabeth, Prudence, it’s, Rupert, Elyse Tyrell, Tyrell Law PLLC, Rupert Murdoch —, It’s, ” Tyrell, “ Organizations: IRS, Division, Trust, News Corp, Fox Corp, Disney, The New York Times, Street Journal, Fox, Henderson , Nevada . Trust Locations: Nevada, “ Nevada, South Dakota, Tennessee , Delaware, U.S, Australia, Henderson , Nevada

☆ Harris' campaign is transforming big crowds into volunteers on the ground in key swing states
▼ + stars: | 2024-08-13 | by ( Yamiche Alcindor | Yamiche Alcindor Is An Nbc News Washington Correspondent. | ) www.nbcnews.com time to read: +5 min

“We have this very organic, very real, very palpable energy from people that want to support the ticket,” said Dan Kanninen, the Harris campaign’s battleground states director. Last week in Nevada, 1,000 of the 5,010 volunteer sign-ups were for the next day to join a series of weekly events the campaign holds on Sundays, a campaign official said. The campaign official said the burst of sign-ups made Sunday the biggest day yet for the weekly series. Harris’ campaign sees the moment of enthusiasm as one to build on, not squander. Rep. Lisa Blunt Rochester, D-Del., a national co-chair of the Harris campaign, also said the campaign has always had a plan to keep fighting until Election Day.

Persons: WASHINGTON, Kamala Harris ’, Harris, Tim Walz, crisscrossed, ”, Dan Kanninen, “, we’re, Joe Biden, they’ll, Kanninen, Obama, “ We’ll, Donald Trump, Trump, Harris ’, Biden, James Clyburn, Walz, Lisa Blunt Rochester, We’ve, … I’m Organizations: Democratic, Minnesota Gov, NBC News, ”, Republicans Locations: Nevada, In Wisconsin, Detroit, Pennsylvania, Wisconsin , Michigan, Georgia, Arizona , Nevada, North Carolina, Florida, Ohio

Trump’s allies are also publicly making their pitch for him to refocus his attention on the race. “You’ve always got to be assessing the state of the race, and I would like to see more offense from the Trump campaign. On a swing of battleground states last week, Harris and her new running mate were greeted by a groundswell of supporters at each stop. "This was a TRUMP idea — She has no ideas, she can only steal from me," Trump wrote on Truth Social. In an appearance on Real America’s Voice last week, Trump’s political director, James Blair, made the case that it is a state-by-state race.

Persons: Donald Trump, Kamala Harris, Trump, ”, ” Trump's, “, Harris, Joe Biden's, Brian Kemp, Kevin McCarthy, “ You’ve, ” McCarthy, Tim Sheehy, Dan Eberhart, —, Biden, ” Trump, outpacing Harris, ” Karoline Leavitt, Trump’s, Walz, David Lee, Chris Grant, James Blair Organizations: Republican, Trump, NBC News, Fox News, Montana, Democrat, ”, Mar, Biden, ABC, Harris, Privately, CNBC, Democratic, “, Labor, MAGA Inc, Politico, Real America’s Voice Locations: Georgia, Bozeman, Asheville , North Carolina, Pennsylvania, Florida, Las Vegas, Arizona, Michigan , Wisconsin , Nevada, North Carolina

☆ Bitcoin is a strategic reserve asset, says CoinShares researcher
▼ + stars: | 2024-08-13 | 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 EmailBitcoin is a strategic reserve asset, says CoinShares researcherJames Butterfill, head of research at Coinshares, discusses the dichotomy between former President Donald Trump and Vice President Kamala Harris regarding bitcoin.

Persons: James Butterfill, Donald Trump, Kamala Harris Locations: bitcoin

☆ Many musicians have copyright gripes with Trump, but only some can win in the courts
▼ + stars: | 2024-08-13 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +8 min

"Each songwriter belongs to a single PRO, so the Trump campaign would have needed to secure a license from the appropriate PRO," Litman said. According to BMI, Trump's campaign has taken out a "political entities license" from BMI for his 2016, 2020, and 2024 campaigns. Advertisement"If no license was obtained, the copyright owners in the songs can sue Trump, and they would win," Litman said. Trump's campaign has used Hayes' music at the former president's rallies more than 100 times and as recently as Saturday, Walker said. Walker, a 30-year entertainment-copyright lawyer, said the Hayes family hired him "after getting no response" from the Trump campaign for two years.

Persons: —, Donald Trump, Celine Dion, Trump's, Isaac Hayes, Trump, Hayes, Isaac Hayes III, Jessica Litman, Litman, Jodie Thomas, Thomas, Rihanna, Elton John, Neil Young, Pharrell Williams, Eddy Grant, Grant, James Walker Jr, Walker, we've Organizations: Service, Business, Republican, University of Michigan, American Society of Composers, Publishers, Music Inc, ASCAP, BMI, Trump, BI, National Rifle Association Locations: Montana, Hayes, , Texas

☆ Banksy London Zoo mural offers clue to why wild animals have been appearing all over city
▼ + stars: | 2024-08-13 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

London AP —Workers arriving at the London Zoo early Tuesday were surprised to discover an unexpected exhibit that suggested the animals were being set free. A mural by elusive street artist Banksy showed a gorilla holding up the entrance gate as birds took flight and a sea lion waddled away. James Warren/SIPAPRE/APThree monkeys by Banksy adorn a bridge over Brick Lane in London on August 7, 2024. Aitor Alcalde/Getty ImagesEach of the works posted on Banksy’s Instagram page have included a London Zoo hashtag, said Dan Simmonds, animal operations manager at the zoo. It was not clear if the zoo mural would be the final in the series.

Persons: Banksy, James Warren, Aitor, Dan Simmonds, ” Simmonds, “, Carl Court, Simmonds, ” Organizations: London AP — Workers, London Zoo, Aitor Alcalde, Getty, Cyclists, selfies Locations: London, Charlton, Brick Lane, London's Chelsea, Bristol, England, City

☆ W.N.B.A. Star Takes Over Voting Organization Started by LeBron James
▼ + stars: | 2024-08-13 | by ( Tania Ganguli | ) www.nytimes.com time to read: +1 min

More Than a Vote, a nonprofit organization founded by LeBron James in 2020, is rebooting this fall with a new focus on women’s issues and reproductive rights. Nneka Ogwumike, a nine-time W.N.B.A. All-Star with the Seattle Storm and president of the players union, will take over James’s role in leading the organization, and has recruited a group of female athletes to her cause. “It’s more than just abortion,” Ogwumike said in an interview. “It’s all about educating people about all the different roles that exist in society that support and protect the freedoms of women when it comes to family planning, I.V.F., birth control, everything.

Persons: LeBron James, Nneka, ” Ogwumike, “, George Floyd, Breonna Taylor, James Organizations: Seattle Storm

☆ 45 unfairly punished stocks primed for a revival: Goldman Sachs
▼ + stars: | 2024-08-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

During the sell-off, strategists at Goldman Sachs recommended buying the dip in US stocks, albeit carefully, as they reiterated their year-end S&P 500 price target of 5,600. Economically sensitive stocks have lagged defensives by at least 5 percentage points in a single week 12 times since 2000, according to Goldman Sachs. "Despite the weak jobs report, our economists believe continued economic expansion is far more likely than recession," Kostin wrote. Goldman Sachs found that those micro factors explained 86% of stock returns in the first half of 2024, versus the long-term average of 57%. Fewer worries about the near-term economic outlook mean stocks will no longer trade in lockstep — a win for active investors.

Persons: —, Goldman Sachs, David Kostin, Kostin, abate, lockstep — Organizations: Service, Goldman, Business, Institute of Supply, Walmart Locations: Japan, lockstep, Monday's

☆ A 1954 Mercedes worth up to $70 million will be among legendary racing cars up for sale soon
▼ + stars: | 2024-08-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A 1954 Mercedes-Benz W196 Streamliner valued between $50-70 million is among the historic cars set to be sold by the Indianapolis Motor Speedway Museum. “These vehicles will be some of the world’s most significant cars ever sold,” Gord Duff, global head of auctions at RM Sotheby’s, said in the statement. The cars will be sold at different events late this year and in 2025, according to the statement. In 2022, a very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker’s collection was sold to a private buyer for €135 million ($142 million at the time). “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” he said.

Persons: Mercedes, Juan Manuel Fangio, Stirling Moss, Fangio, Moss, Ferrari 250LM, Ferrari, Ford GT40, ” Gord Duff, Joe Hale, “, Laurin, Mercedes Brookland, Craig Breedlove, Lee, David MacNeil, James Knight, Van, ” Organizations: CNN, Benz, Indianapolis Motor Speedway Museum, Chief, Sotheby’s, Prix, Le, Sotheby's, Chevrolet Corvette SS, XP64, Ford, Indianapolis, Indianapolis Motor, Indianapolis Motor Speedway, Le Mans, IMS, Klement, Ferrari Locations: Buenos Aires, Argentina, Monza

☆ Raymond James' Travis McCourt says he's bracing for 'the third unwind' in the consumer
▼ + stars: | 2024-08-13 | 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 EmailRaymond James' Travis McCourt says he's bracing for 'the third unwind' in the consumerTravis McCourt, Raymond James institutional equity strategist, joins 'The Exchange' to discuss the markets as he anticipates a third unwind coming for the markets.

Persons: Raymond James, Travis McCourt

☆ 'We are doing democracy here': Young voters focus on being polite rather than polarized
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +7 min

WASHINGTON — In the heat of the 2024 campaign season, more than 400 first-time voters from across the country gathered here in July to discuss political issues and the upcoming election — but with a focus on being polite rather than being polarized. The gathering was a so-called deliberative poll where the participants were randomly selected to produce a representative sample of young voters from the entire nation. There have been past “America in One Room” studies of the general electorate, but this was the first to specifically examine first-time young voters. And the portion of young voters who opposed drilling in the Artic wilderness increased, from 72% before to 76% afterward. 'I see that point': Young voters gain more respect for differing viewsThe polling results also showed these young voters gaining more respect for differing viewpoints, with the share of participants saying their opponents had good reasons for their positions growing from 64% before the event to 71% afterward.

Persons: WASHINGTON —, Kendall Rene Martin, Tyler Kunkowski, Emily Criswell, Steven Dilts, it’s, ”, Henry Elkus, Helena, “, ” Elkus, Donald Trump, Joe Biden’s, Steven, Tyler, ” Steven, shouldn’t, Emily, ” Tyler, ” Emily, Kendall, didn’t, James Fishkin Organizations: Stanford, Republican, America, Major League Baseball, Young, NBC News, Democrat, “ Locations: WASHINGTON, “ America, California, Florida, Tennessee, Alaska, United States, Paris, America, Kendall of California

Courtesy Marian IppelHer lawsuit names as defendants the Grace Christian Reformed Church of Grand Rapids and affiliates, including the Christian Reformed Church in North America, a Protestant Calvinist Christian denomination also based in Grand Rapids. The Grace Christian Reformed Church did not immediately respond to requests for comment. “Recovered memory cases are difficult because you may need corroborating evidence, particularly when a child is very young,” Cadigan, who is not associated with Ippel’s case, said. The Christian Reformed Church in North America said it was unaware of any other complaints against the deacon, but said it investigates claims when people come forward. Abuse awarenessThe Christian Reformed Church, which counts about 230,000 followers in North America, has known of a history of abuse within its member churches, according to the suit.

Persons: Marian Ippel, ” Ippel, ” Marian Ippel, Ippel, Lynne Cadigan, ” Cadigan, ”, Marian, Ippel’s, Marian’s, “, wasn’t, Megan Bonanni, Larry Nassar, ” Bonanni, John Wixted, Wixted, James Hopper, Cadigan, they’re Organizations: Kent County Circuit, NBC News, Grace Christian Reformed Church, Christian Reformed Church, Catholic, “, Abuse Prevention, Catholic Church, University of California Locations: Grand Rapids , Michigan, Kent County, Grand Rapids, North America, Arizona, Guinea, Michigan, Manhattan Beach , California, San Diego

☆ Rachael Lillis, ‘Pokémon’ actor who voiced Misty and Jessie, dies at 46
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +3 min

Rachael Lillis, a voice actor who starred in many “Pokémon” films and series as the characters Misty, Jessie and more, died Aug. 10. Veronica Taylor, Lillis’ “Pokémon” co-star who voiced the lead character Ash Ketchum, posted a statement on X Monday morning that announced Lillis’ death. “It is with a very heavy heart that I share the news of the passing of Rachael Lillis on Saturday evening, 10 August 2024,” Taylor wrote. She voiced Misty, the gym leader who specializes in water-type creatures, in the original “Pokémon” anime in 1998. Lillis also voiced Jessie, one half of the villainous Team Rocket alongside her colleague James and their talking Meowth.

Persons: Rachael Lillis, Misty, Jessie, Lillis, Veronica Taylor, Pokémon ”, Ash Ketchum, ” Taylor, “ Rachael, ‘, Taylor, Rachael, ” Lillis, Ash, Brock, James, Jigglypuff, ”, “ Lucario, “, Hunter Organizations: ”

A glorious farewell to the 2024 OlympicsIt’s time to say au revoir to the 2024 Summer Olympics in Paris. Mark J. Terrill / APTeam USA eked out close wins in the men's and women's basketball finals, taking gold in the final weekend of the games. The men's team, which included all-stars LeBron James and Kevin Durant, brought home the fifth straight Olympic title for the Americans. Sunday's win by the women's team was its eighth straight Olympic gold. Other Olympic highlights:Trump campaign says it was hackedFormer President Donald Trump’s campaign has said it was hacked by an Iranian group.

Persons: H.E.R, Tom Cruise, Chili Peppers, Billie Eilish, Snoop Dogg, Dr, Dre, Team USA Stephen Curry, Mark J, Terrill, Steph Curry's, LeBron James, Kevin Durant, Sunday's, A'ja Wilson, Jordan Chiles, Naomi Baker, Cecile Landi, Romanian Ana Bărbosu, Macron, Emmanuel Macron, Léon Marchand, Pascal Le Segretain, “, ”, Trump, Donald Trump’s, Steven Cheung, Trump’s, ” Cheung, Kamala Harris, Harris, Willie Brown, Omar Al, Uvalde shooter’s, Armando Ramos, Salvador Ramos, Leila, Gen Alpha, Zers, Alpha Organizations: Phoenix, Team USA, USA, WNBA, U.S, Getty, International Olympic, Paris Olympics, NBC News, Politico, Microsoft, Islamic Revolutionary Guard Corps, Trump Organization, San Francisco, Trump, Trump . White, Israel Defense Forces, Hamas, Robb Elementary School, NBC Locations: Paris, Los Angeles, Venice, U.S, France, China, Romanian, Iranian, “, Montana, Trump, Gaza City, AFP, Israel, Gaza, , Texas

☆ Every Kennedy family tragedy that's fueled the idea of a 'Kennedy curse'
▼ + stars: | 2024-08-12 | by ( James Pasley | Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

After the crash, Ted Kennedy publicly referenced the idea of a family curse for the first time. Sen. Edward M. Kennedy leaves a courthouse in 1969, after pleading guilty to leaving the scene of a fatal accident. Ted Dully/The Boston Globe/Getty ImagesDuring his televised apology a week after the crash, Ted Kennedy said he had wondered "whether some awful curse did actually hang over all the Kennedys," The Washington Post reported. It marked the first time a member of the Kennedy family openly spoke about the reported "Kennedy curse," the Herald Tribune reported. "I was overcome, I'm frank to say, by a jumble of emotions: grief, fear, doubt, exhaustion, panic, confusion, and shock."

Persons: Ted Kennedy, Sen, Edward M, Kennedy, Ted Dully Organizations: Boston Globe, Washington Post, Herald Tribune, The New York Times Locations: The

☆ Oceans of water may be trapped deep beneath the Martian surface
▼ + stars: | 2024-08-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —Data from a retired NASA mission has revealed evidence of an underground reservoir of water deep beneath the surface of Mars, according to new research. A team of scientists estimates that there may be enough water, trapped in tiny cracks and pores of rock in the middle of the Martian crust, to fill oceans on the planet’s surface. NASA's Mars Reconnaissance Orbiter took an image of InSight sitting on the Martian surface on February 2, 2019. “It’s certainly true on Earth — deep, deep mines host life, the bottom of the ocean hosts life. Windows into Martian historyThe findings add a new piece to the Martian water puzzle.

Persons: ”, Vashan Wright, ‘, Mars, orbiters, InSight’s seismometer, Wright, James Tuttle Keane, Aaron Rodriguez, Michael Manga, “ It’s, haven’t, Alberto Fairén, Fairén, Bruce Banerdt, we’re, Banerdt, al, ” Banerdt, “, ” Wright Organizations: CNN, NASA, National Academy of Sciences, Reconnaissance Orbiter, JPL, Caltech, University of Arizona, University of California, Diego’s Scripps, of Oceanography, Mars, Interior Exploration, Transport, Scripps Institute of Oceanography, University of Maryland, Cornell University Locations: Mars, Berkeley

While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.

Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood

☆ Miley Cyrus becomes youngest Disney Legend: ‘Proud to have been Hannah Montana’
▼ + stars: | 2024-08-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

The singer who rose to fame on “Hannah Montana” is now the youngest person to be named a Disney Legend. To quote the legend herself, ‘This is the life.’ “Cyrus was among 14 artists honored as Disney Legends this year. The Walt Disney Company“The Disney Legends Award is the highest honor our company bestows,” Disney Chief Executive Officer Bob Iger told the crowd at the event. Disney Legends are bound by the special place they have earned in our history for their tremendous contributions in service of entertaining and delighting fans around the globe.”Congratulations to the iconic Harrison Ford on his Disney Legends Award! 🌟🎉 #D23 pic.twitter.com/ShFZ8jeRYb — Disney D23 (@DisneyD23) August 12, 2024Iger presented Ford, who he described as a “true Disney Legend and a dear friend,” with his award.

Persons: Miley Cyrus, Hannah Montana ”, Cyrus, “, ” Cyrus, Hannah Montana, Hannah, ’ “ Cyrus, Angela Bassett, Jamie Lee Curtis, James L, Brooks, James Cameron, Harrison Ford, Frank Oz, Kelly Ripa, Oscar, John Williams, Disney, Colleen Atwood, Martha Blanding, Steve Ditko, Mark Henn, Joe Rohde, Ryan Seacrest, ”, Bob Iger, “ It’s Organizations: CNN, Disney, Walt Disney Company, ” Disney Locations: ”

☆ Trump spent the weekend flying around America on a plane previously owned by Jeffrey Epstein
▼ + stars: | 2024-08-12 | by ( Jacob Shamsian | Graham Rapier | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.

Persons: —, Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City

☆ First came the accusations of rape. Now 3 owners of the Alexander brothers' beleaguered brokerage firm are jumping ship.
▼ + stars: | 2024-08-12 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +6 min

At the center were cofounders Tal and Oren Alexander, sibling dealmakers who were known for selling some of the country's most exclusive and expensive homes. But accusations of rape against the brothers in recent months have resulted in an existential crisis for the company. An attorney for Tal Alexander has sought to dismiss the case against him. In the immediate aftermath of the accusations, the brothers announced they would take a leave from Official. Official has used the brokerage services company Side to provide it with back office support and to hold its brokers' licenses.

Persons: —, cofounders Tal, Oren Alexander, dealmakers, Nicole Oge, Richard Jordan, Andrew Wachtfogel, Alexander, Tal, Oren, Oge, Richard, Andrew, Alon Alexander, Alon, Tal Alexander, James Cinque, Nicole, Tyrone McKillen Organizations: Service, Partners, Business, The New York Times, Gabbana Locations: Oge, The, The Raleigh, Miami Beach, Los Angeles

☆ These nuclear energy stock plays could rise as much as 50%, analysts say
▼ + stars: | 2024-08-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Constellation has surged 62% year to date to become the sixth-best performing stock in the S & P 500 , while Vistra has more than doubled to become the second-best performing stock, only slightly behind AI chipmaker Nvidia . Constellation owns the largest nuclear fleet in the U.S., operating 21 of the country's 93 reactors. Campanella sees the recent pullback of Constellation's stock, down 12% over the past month, as an attractive buying opportunity. Constellation and Vistra have substantial catalysts on the horizon that are not factored into their guidance, as tech companies shop for nuclear reactors to power their energy-hungry data centers , according to the analysts. Constellation is also exploring the possibility of restarting reactor Unit 1 at Three Mile Island in Pennsylvania, which ceased operations in 2019, as demand for nuclear energy grows.

Persons: Vistra, Barclay's, Nicholas Campanella, Campanella, James Thalacker, Joe Dominguez, Jim Burke Organizations: Constellation Energy, Vistra Corp, Constellation, Nvidia, Barclays, BMO Capital Markets, BMO Locations: U.S, Pennsylvania

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