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☆ Here are Tuesday's biggest analyst calls: Nvidia, Meta, Boeing, Eli Lilly, Disney, Coca-Cola, Grindr & more
▼ + stars: | 2024-04-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Oppenheimer reiterates Nvidia as outperform Oppenheimer said it's sticking with its outperform rating on shares of Nvidia. Citi reiterates Eli Lilly as buy Citi said the biopharma company is "riding the GLP-1 rocket." Citi downgrades Clorox to neutral from buy Citi said that the bullish thesis for the stock has largely played out for now. Citi upgrades Estee Lauder to buy from neutral Citi said it sees a "topline inflection point" for the stock. Barclays upgrades Array Technologies to overweight from equal weight Barclays said it sees share gains for the solar company.

Persons: Oppenheimer, McCormick, Argus, Needham, it's, Nelson Peltz, Melius, Horton, Citi, Eli Lilly, Estee Lauder, ARRY, JMP, Piper Sandler, Piper, Nio, CFRA, Goldman Sachs, Goldman, Blackstone, Petco Organizations: Nvidia, JPMorgan, Disney, Boeing, Citi, Coca, MTH, RBC, GE Vernova, General Electric, Bank of America, Meta, Travel, Barclays, Eaton, MI, Olema Pharmaceuticals, UBS, Bank of, of America Locations: underperform, LEN, DHI, Asia, Eaton, 4Q23

☆ Larry Lucchino, Top Executive at Three M.L.B. Teams, Dies at 78
▼ + stars: | 2024-04-02 | by ( Richard Sandomir | More About Richard Sandomir | ) www.nytimes.com time to read: +1 min

Larry Lucchino, who as a top executive with the Baltimore Orioles and San Diego Padres oversaw the design and construction of modern stadiums that evoke their surroundings — Oriole Park at Camden Yards in Baltimore and Petco Park in San Diego — and who as president of the Boston Red Sox preserved Fenway Park for generations, died on Tuesday. The Red Sox announced the death but did not say where he died or give a cause. He had been treated for cancer three times. In Mr. Lucchino’s 14 years with the team, the Red Sox won the World Series three times — the first of those championships, in 2004, broke an 86-year drought — and reached the postseason seven times. He oversaw improvements to Fenway Park that included installing seats above the Green Monster, the 37-foot-high left field wall, and vastly expanding concourses and concession areas.

Persons: Larry Lucchino, San Diego —, “, ” John Henry, ” Mr, Lucchino, Henry, Lucchino’s Organizations: Baltimore Orioles, San Diego Padres, Camden Yards, Boston Red Sox, Red Sox Locations: Baltimore, San Diego, Boston

☆ The Long, Strange Decline of Iconic Chicken Soup for the Soul Brand
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, —, Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife

☆ The Long, Strange Decline of One of America's Most Influential Brands
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

☆ Enhanced Games Are Olympics With Steroids, Pay; Meet the Founder
▼ + stars: | 2024-03-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +14 min

Several countries pay bonuses to medal winners, and high-profile athletes may get brand deals and sponsorships, but many Olympic athletes live quiet lives. AdvertisementD'Souza suggested he received funding for the Enhanced Games in the "single-digit millions" but declined to specify the amount. So far, it's unclear what kind of talent Enhanced Games will attract. He said that at the Enhanced Games, athletes would get comprehensive health checkups to monitor the effects of "whatever enhancement protocols" they're on and ensure they're fit to compete. D'Souza said he planned to announce more details about the Enhanced Games this summer — right around the Paris Olympics.

Persons: Aron D'Souza, gymgoers, D'Souza, Thomas Bach, Bach, Uber, Christian, Christian Angermayer, Balaji Srinivasan, Coinbase's, Peter Thiel, Angermayer, Srinivasan, Thiel, Hulk, Charles Harder, Harder, didn't, Sargon, Peter, VCs, Thiel hasn't, he's, James Magnussen, James, he'd, Marta Nawrocka, BI's Gabby Landsverk, Jim Walden, Grigory Rodchenkov, it's, who'd Organizations: International, Olympic, IOC, West Germany's Olympic, The New York Times, Business, Apeiron Investment, University of Melbourne, Gawker Media, BuzzFeed, Gawker, Abrams, Australian Financial, US, Doping Agency, UFC, Drug Free, NFL, NBA, MLB, Testing Agency, ITA, CNN, FBI, Sports, Gaming Initiative, Paris Locations: Miami, Lausanne, Switzerland, Oxford, Australian, Russia

☆ Buy these five stocks with upside potential as April kicks off, Goldman Sachs says
▼ + stars: | 2024-03-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs analysts have named a slew of stocks that could see upside as April rolls in. CNBC Pro combed through Goldman Sachs' research to find the firm's favorite stocks as of late. They include United Parcel Service, Nasdaq, Arcos Dorados , Global Payments and Arista Networks. "Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026," he said. … Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026.

Persons: Goldman Sachs, Arcos Dorados, Thiago Bortoluci, it's, Bortoluci, Alexander Blostein, Blostein, Goldman, Jordan Alliger, Alliger, ANET, …, Arcos, Cameron Bready, Josh Whipple … Organizations: CNBC, United Parcel Service, Nasdaq, Arcos, Global Payments, Arista Networks, Management, UPS, … Management Locations: America, Brazil, Arcos, Atlanta

☆ Central Asian migrants face xenophobic backlash in Russia after Moscow terror attack
▼ + stars: | 2024-03-29 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +10 min

The men had been in Russia as migrant workers on either temporary or expired visas, authorities said. But in the days since, that emotion – combined with the disturbing videos – appears to have unleashed a wave of xenophobia from some towards Central Asian migrant workers in general. Her organization offers legal assistance to migrants looking for help in Russia, often on a pro bono basis. We need to spread the word.”A user in another channel, with 200,000 followers, suggested there was no space for anyone to feel sorry for migrants in Russia. According to Umerov, there are some 7 million migrants in Russia, of whom around 80% are from Central Asia.

Persons: Moskovsky, “ I’m, Vladimir Putin, Shamsidin, Dalerdzhon Mirzoyev, Muhammadsobir Fayzov, Yulia Morozova, Putin, ”, ‘ It’s, Valentina Chupik, Tong Jahoni, Temur Umerov, don’t, ” Umerov, Umerov, Emomali Rahmon, “ Putin Organizations: CNN, Moscow’s Crocus, Central, Crocus City Hall, Reuters, Soviet, Kazakhstan —, Human Rights Watch, Central Asia, Carnegie Russia Eurasia Center, Hall, Russian, Kyrgyz Foreign Ministry, European Bank for Reconstruction, “, Institute of Economics, Russian Academy of Sciences, ISIS, Kremlin Locations: Moscow’s Crocus City, Tajikistan, Soviet, Central Asia, Russia, Ivanovo, Russian, Crocus, Uzbekistan, Kyrgyzstan, Turkmenistan, Kazakhstan, Illinois, Moscow, Central, Berlin, Ukraine, Kyrgyz, Tashkent, Western

☆ Russia claimed the West, Kyiv ordered the Moscow terror attack. Now it has the problem of proving it
▼ + stars: | 2024-03-27 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. An investigation into the attack is ongoing, but the latest, outlandish accusations give Moscow a problem: It now has to find the evidence to back up its unsubstantiated claims. What's particularly awkward for the Kremlin is that the Islamic State militant group has already claimed responsibility for the attack. Ukraine denies any involvement in the attack, saying it was "absolutely predictable" that Moscow would look to blame it. The White House said Ukraine had "no involvement whatsoever" in the attack and that any claim to the contrary was "Kremlin propaganda."

Persons: Vladimir Putin, It's, Andrius, Putin, David Cameron, concertgoers, Alexander Bortnikov, Nikolai Patrushev, Sergei Karpukhin, Nikolai Patrushev —, —, Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Moscow, Margarita Simonyan, Putin's, Alexander Lukashenko, Rachabalizoda, Barotovich, Muhammadsobir, Shamsidin Fariduni, Tatyana Makeyevaolga Maltseva, Max Hess Organizations: General's, Getty, Ukraine, Crocus City Hall, Islamic State, West, Kremlin, Russia's Federal Security Service, Russian Security, AFP, Security, Islamic, RIA Novosti, Russian Foreign, U.S, Kremlin's, CNBC Wednesday, Institute for, Afp, Analysts, Foreign Policy Research Institute, CNBC, CIA Locations: Moscow, Russia, Ukraine, Crocus, Kyrgyzstan, Tajikistan, Ukrainian, Europe, Russian, U.S, Kyiv, Belarusian, Belarus, Basmanny, Soviet Union

☆ Here are investor Jenny Harrington's top income plays — and they all yield around 6% or higher
▼ + stars: | 2024-03-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

When income investor Jenny Harrington looks for top dividend stocks, names like Whirlpool come to mind. The home appliance manufacturer not only has a 6% dividend yield, but it has also gotten very cheap, Harrington said. She buys names that have a "reasonably high dividend yield" for her portfolio, which typically generates a 5% dividend yield or better. "We specifically focus on dividend income rather than dividend growth, because the objective of our portfolio is to generate a strong and sustainable income stream for our clients," Harrington said. WHR 1Y mountain Whirlpool's one-year performance She would also like to see the potential for earnings growth in the names she buys.

Persons: Jenny Harrington, Harrington, Jay Brown, Anthony Melone, Ted Miller, William Brown, cyclically Organizations: Whirlpool, Asset Management, Dow Jones U.S, SEC, Investment Management, Crown Castle, Clearway Energy, Clearway, L3Harris Technologies

☆ Norfolk Southern CEO says activist investor's responses to settlement are 'unreasonable'
▼ + stars: | 2024-03-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Norfolk Southern CEO Alan Shaw denounced Ancora Holdings, the activist investor currently engaged in a proxy fight with the railroad company's board, during an interview with CNBC's Jim Cramer on Wednesday. "We've gone to the activist, and we've offered a settlement — their responses have been unreasonable at the determination of our board," he said. Norfolk Southern faced criticism over the past year after one of its freight trains derailed in East Palestine, Ohio in February 2023 and released toxic chemicals into the soil, water and air. Based in Cleveland, Ohio, 90 minutes from East Palestine, Ancora challenged Norfolk Southern in February, aiming to add eight directors to the board and oust Shaw as CEO. "We enhanced safety, we're making it right in East Palestine," Shaw said.

Persons: Alan Shaw, Ancora, CNBC's Jim Cramer, We've, we've, Shaw, he's Organizations: Norfolk Southern, Ancora Holdings, Norfolk, Regulators Locations: East Palestine , Ohio, Cleveland , Ohio, East Palestine, Norfolk

☆ The Baltimore bridge disaster is what happens when 95,000 tons of modern cargo ship meets America's aging infrastructure, experts say
▼ + stars: | 2024-03-26 | by ( Marianne Guenot | Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

A loss of propulsion would have had an effect on the rudder's ability to steer effectively, Lipian told BI. Related stories"There's no brakes on a ship," Lipian added. Instead of building bridges strong enough to withstand a direct impact from a ship, engineers focus on deflecting a wayward vessel from its path. AdvertisementIn fact, engineers would struggle to design a bridge capable of stopping a ship as large as the Dali, she said. Newer bridges, built with heavier cargo ships in mind, may include larger gaps between the supporting piers, Broyd said.

Persons: —, Dali, Wes Moore, Henry Lipian, Lipian, Moore, Tim Broyd, Francis Scott Key, Broyd, Lorna Wharton, Rick Geddes, Mark Richards Organizations: Service, National Transportation Safety Board, Business, FBI, NBC, Forensics, US Coast Guard, Port, Maryland Association of Pilots, Gov, Infrastructure Security Agency, ABC News, University College London, UK's, of Civil Engineers, COWI, Cornell University Infrastructure Policy, BI Locations: Maryland

☆ I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
▼ + stars: | 2024-03-26 | by ( Avni Barman | ) www.businessinsider.com time to read: +8 min

She explains the 'lazy girl strategy' that got her a $40,000 raise. It wasn't because I was the hardest worker or an exceptional employee, but because I employed what some call the "lazy girl strategy." This "lazy girl strategy" is really just about being proactive about sharing my work successes in an efficient way. AdvertisementThe "lazy girl strategy" isn't actually lazy or just for womenHow you package and present your work to leadership when seeking a promotion is as important as the work itself, and the "lazy girl strategy" can help you efficiently do so. But in the meantime, the "lazy girl strategy" helped me get a $40,000 raise, and perhaps it could help you too.

Persons: Avni Barman, Barman, —, Avni Barman I've, it's Organizations: Service Locations: Atlassian

☆ As the CEO of eBay, I keep employees productive by asking this simple question about our work
▼ + stars: | 2024-03-26 | by ( Madeline Stone | ) www.businessinsider.com time to read: +8 min

Jamie Iannone, the CEO of eBay, says the company is using AI to boost efficiency and creativity. After getting this direct feedback, our product teams developed tools powered by AI, including a description generator and an image-based listing flow. eBay is using AI to drive the company forwardeBay has been using AI for years. We also know that happy employees are more productive employees. We take this responsibility very seriously because millions of sellers count on eBay to make them more productive.

Persons: Jamie Iannone, —, we've, they'll, We're, We've Organizations: eBay, Service

☆ Biden and Harris team up for a rare joint appearance in North Carolina to take on GOP over health care
▼ + stars: | 2024-03-26 | by ( Arlette Saenz | Tami Luhby | ) edition.cnn.com time to read: +10 min

It’s taking place on the heels of a campaign push slamming Trump for threatening to repeal the Affordable Care Act if he’s elected to a second term. Dunn argued the GOP plan shows “the Affordable Care Act is still very much under attack by Republican officials.”In contrast, Biden and Harris are expected to highlight the success of the Affordable Care Act and discuss efforts to expand access to health care and lower prescription drugs costs. Biden’s team also hopes the popularity of the Affordable Care Act and proposals to lower health care and prescription drug costs will resonate with voters at the ballot box. More than 45 million people in total have gained coverage through the Affordable Care Act, according to the Biden administration. Roy Cooper had advocated for the Affordable Care Act provision for years, finally convincing the Republican-led legislature to drop its long-standing opposition.

Persons: Joe Biden, Kamala Harris, Donald Trump, mifepristone, Tuesday’s, It’s, Trump, “, Biden, Harris, ”, Anita Dunn, he’s, Dunn, Roy Cooper, Josh Stein, Mark Robinson, Cooper Organizations: Washington CNN, Raleigh, Democratic, Trump, Marist, Union, Republican, Affordable, White, What’s, American, Children’s Health Insurance, Medicare enrollees, Medicare, Medicaid, Democratic Gov, GOP, Senate, Gov Locations: North Carolina, Pennsylvania, Georgia , Wisconsin , Michigan, Nevada, Arizona, New Hampshire, Texas, Southern, Georgia, South Dakota, Florida, Kansas, Mississippi

☆ As Trump blasts NATO allies for not paying for defense, these front-line countries are readying for war
▼ + stars: | 2024-03-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

But as Russia's bloody war in Ukraine enters its third year, and the threat to NATO countries, particularly those on Russia's borders, grows, the Baltic states are investing in their defense more than ever. Shawn CooverThe talk came just on the heels of Trump's most recent attack on NATO members who he deems aren't paying their 'fair share." Last week, the former president said that he would keep the US in NATO should European countries pay and "play fair." He said the US "was paying 90% of NATO," and that without the US, NATO "literally doesn't even exist." "We've reinstated conscription, so we're building up our armed forces," an unpopular move that Latvian President Edgars Rinkēvičs is pushing other NATO members to do, too.

Persons: —, Donald Trump, Margus Tsahkna, Vladimir Putin, Tsahkna, Shawn Coover, Trump, ALAIN JOCARD, Olaf Scholz, Emmanuel Macron, isn't, Macron, Krišjānis Kariņš, Kariņš, Thomas Wiegold, We've, Edgars Rinkēvičs, Rinkēvičs Organizations: Service, NATO, Business, Hudson Institute, Washington DC, Estonian, US Marine Corps, Staff, Getty, Latvian, Financial Times Locations: Ukraine, Baltic, Washington, Lithuania, Latvia, Estonia, Russia, Russian, China, Europe, NATO, Poland, estonian, Rakvere, AFP, Baltics, France, Germany, Russia's, Greece, Belarus, Finland, Romania, Hungary

☆ Bank of America helps its clients sell their art, watches, and Birkin bags. It's all part of a drive to be the one-stop shop for the art world.
▼ + stars: | 2024-03-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Most banks, including UBS and Morgan Stanley, refer clients to third-party consultants to broker deals with auction houses. The bank secured a minimum sale price guarantee and negotiated how the house would market the painting. Courtesy of Bank of AmericaThe bank typically approaches two to three auction houses, such as Christie's, Sotheby's, and Philips. You've got to look at it in the holistic context of the sales strategy and also the financial terms," Watson explained. Advertisement"We try to get them to sharpen their pencil while we still have leverage with the other houses," Watson said.

Persons: Bank of America's Drew Watson, Watson, Morgan Stanley, Henri Rousseau, Whitney, Les, Drew Watson, Price, You've, Merrill Lynch, Birkin Organizations: Service, Bank of America's, UBS, Bank of America, Bank of, of America, Christie's, Philips Locations: Bank

WASHINGTON (AP) — The number of arrests for illegally crossing the U.S. southern border with Mexico nudged upward February over the previous month. But at a time when immigration is increasingly a concern for voters, the numbers were still among the lowest of Joe Biden's presidency. According to figures from Customs and Border Protection, Border Patrol agents made 140,644 arrests of people attempting to enter the country between the legal border crossing points during February. The numbers come after a December that saw the Border Patrol tally 249,785 arrests — a record high that increased tensions over immigration — before plunging in January. Separately, 42,100 migrants used an app called CBP One to schedule an appointment to present themselves at an official border crossing point to seek entry into the United States.

Persons: Joe Biden's, Biden, Donald Trump, —, Alejandro Mayorkas Organizations: WASHINGTON, Customs, Border Patrol, CBP, Republicans, Republican, Patrol, Homeland Locations: U.S, Mexico, Brownsville , Texas, Arizona, Sonora, Mexican, Tucson, San Diego, El Paso , Texas, United States, Cuba, Haiti, Nicaragua, Venezuela

☆ An Easter Loaf Baked With Fruit, Spices and Caribbean Sun
▼ + stars: | 2024-03-22 | by ( Brigid Washington | ) www.nytimes.com time to read: +1 min

But during the Lenten season, when it’s officially called Easter bun, it gets a fruity face lift, enhanced with added raisins and red cherries. “Giving and sharing bun during Easter honors the religious aspect of the season,” Mr. Fowles said. Golden Krust Caribbean Bakery, a family-run, fast-casual chain with more than 100 outposts in the United States, first started making and selling bun in 1949 as Hawthorne & Sons Bakery in St. Andrew Parish, Jamaica. “During Easter, the culture really calls for it,” he said. As is the case with many foods, bun’s origins aren’t tidily pinned to a specific point in Jamaica’s history.

Persons: ”, Andre Fowles, Bruce Springsteen, Patti Scialfa, it’s, ” Mr, Fowles, Andrew, Steven Clarke, “, Clarke, aren’t tidily, — Organizations: Hawthorne & Sons Locations: United States, St, Andrew Parish, Jamaica, — Jamaica

☆ How NY's Judge Engoron is tightening the leash on Trump ahead of looming Truth Social merger and fraud judgement deadline
▼ + stars: | 2024-03-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

There are currently 415 entities — including the LLCs holding his physical properties — under the Trump Org umbrella. Trust Revocable Trust, which holds all of Trump Org's assets and for which Trump is the sole beneficiary. The judge also ordered on Thursday that Trump foot the bill for the additional staff needed for this extra monitoring. More penaltiesViolations of Thursday's order could result in the judge ordering more penalties against Trump Org, the judge warned. Trump and his three codefendants — Donald Trump, Jr., Eric Trump, and former Trump Org CFO Allen Weisselberg — owe a combined fraud-trial penalty of $467 million as of Thursday, according to a penalty calculator maintained by the Associated Press.

Persons: —, Donald Trump's, Trump's, Barbara Jones —, who's, Arthur Engoron, Trump, Engoron, Donald J, Jones, Letitia James, — Donald Trump , Jr, Eric Trump, Allen Weisselberg —, he's Organizations: Service, Wall Street, Business, Trump Organization, Trump Org, Trump, Trump's, Revocable Trust, New York, Associated Press, New, Bloomberg Locations: Trump's, New York, Westchester County, Manhattan, Seven Springs

☆ Kate’s photo of late Queen was doctored, agency says, as princess spotted in public for first time in months
▼ + stars: | 2024-03-19 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

London CNN —Another official photograph involving Catherine, Princess of Wales was digitally manipulated, according to a leading photo agency, sparking a second royal retouching controversy just as Kate was spotted in public for the first time in months. On Saturday, Prince William and Kate were spotted and photographed at a farm shop near their home, easing questions over her health. The princess was also photographed earlier this month inside her private car departing Windsor Castle, as she attended a private appointment on March 11, Kensington Palace previously told CNN. Getty said in an editor’s note that the image “has been digitally enhanced at source.” CNN has contacted the agency; Kensington Palace declined to comment when contacted Tuesday. Getty in particular has long had a close relationship with Kensington Palace; they have often been invited to conduct shoots of royals, and have sponsored royal events.

Persons: London CNN —, Catherine , Princess, Wales, Kate, Queen Elizabeth, Catherine, Prince William, Queen –, Prince Louis ’, Getty, King Charles III Organizations: London CNN, Getty, CNN Locations: Kensington, Windsor, Scotland, Balmoral

☆ Premarket stocks: Why Zillow is worried about America’s housing market shakeup
▼ + stars: | 2024-03-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Zillow reported that it outperformed the residential real estate industry by 12 percentage points in 2023. That’s because one of the main ways Zillow makes money is through lead generation for real estate agents. “This shift in the structure of real estate transaction costs is too new to understand how it will impact housing market dynamics,” a spokesperson said. Zillow could make even more money if real estate agents offer their services piecemeal, he said. The takeawayThere’s a lot of disagreement between analysts about the future of Zillow and the real estate industry at large.

Persons: Zillow, ”, Dan Kurnos, it’s, Zillow’s, they’ll, who’s, Kurnos, ” Stephen Brobeck, “, It’s, Homes.com, William Blair Organizations: CNN Business, Bell, New York CNN, National Association of Realtors, Realtors, Benchmark Company, NAR, Zillow, Consumer Federation of America, CNN, Bank of America Locations: New York

☆ Build a tax-efficient portfolio with these funds, Bank of America says
▼ + stars: | 2024-03-19 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

April 15 is the deadline for taxpayers to file their income tax returns and pay sums owed for 2023. MLPs themselves aren't subject to federal income taxes, but limited partners owe taxes on the income distributed. MLPX has a total return of 7.6% in 2024, and MLPA's year-to-date total return is 9.3%, according to Morningstar. In 2024, IYK has a total return of nearly 4.7%, while XLU's total return is about 0.7%, according to Morningstar. MFM's total return this year is 3.66%, and NZF has a total return of 3.4% in 2024, according to Morningstar.

Persons: Jared Woodard, Woodard, —, MLPX, IYK, Morningstar, XLU, NZF Organizations: Bank of America, MLP & Energy Infrastructure, X MLP, Morningstar, Consumer Staples, Income Trust, Income Locations: MLPs, Indonesia, America, Nuveen

☆ Judge rules YouTube, Facebook and Reddit must face lawsuits claiming they helped radicalize a mass shooter
▼ + stars: | 2024-03-19 | by ( Melissa Alonso | ) edition.cnn.com time to read: +2 min

“The Court has determined the complaint sufficiently pleads viable causes of action to go forward at this stage of the litigation,” said Erie County Supreme Court Justice Paula Feroleto. Attorneys for the social media companies named in the lawsuit filed a motion to dismiss saying the companies are akin to message boards containing third-party content, court documents show. “However, plaintiffs contend the defendants’ platforms are more than just message boards,” the court document says. “It is far too early to rule as a matter of law that the actions, or inaction, of the social media/internet defendants through their platforms require dismissal,” said the judge. In a statement to CNN, Reddit said, “Hate and violence have no place on Reddit.

Persons: ”, Paula Feroleto, Payton Gendron, “, Gendron, José Castañeda, Reddit, Olesya Dmitracova Organizations: CNN, 4chan, Meta, YouTube Locations: York, Buffalo , New York, Erie County, Reddit

☆ As U.K. Royals Struggle to Calm Rumors, Agency Flags Older Edited Photo
▼ + stars: | 2024-03-19 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

When Catherine, Princess of Wales, confessed last week to digitally altering a photo of her with her children, news agencies began examining Catherine’s gallery of royal family photos for other examples of doctoring. It didn’t take long: On Monday, Getty Images placed an editorial advisory on a second photo taken by Catherine, of Queen Elizabeth II surrounded by her grandchildren and great-grandchildren, saying the image had been altered before it was released by the palace. In a statement, the news agency said that “in accordance with its editorial policy it has placed an editor’s note on a handout image stating the image has been digitally enhanced at source.”The second altered photo raises further thorny questions about how Britain’s royal family communicates with the public. It also piles more scrutiny on Catherine, who has been caught in a maelstrom of rumors and speculation since she underwent abdominal surgery in January and receded from the public eye.

Persons: Catherine, Princess of Wales, Queen Elizabeth II Organizations: Getty

LONDON (AP) — Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. London-based Unilever said its ice cream business, which also includes Magnum bars, has “distinct characteristics” from its other brands and would benefit from separate ownership to increase growth. The British consumer goods company with 128,000 employees also said it is launching a “productivity program” that is expected to lead to a reduction of about 7,500 mostly office-based jobs worldwide. The company behind Hellman’s mayonnaise, Axe fragrances and Cif household cleaners said it is targeting underlying sales growth of mid-single digits after spinning off the ice cream business. It saw sales volume drop 3.6% in 2022 after jacking up prices 13.3% on average across its brands that year.

Persons: Hein Schumacher, ”, Richard Hunter Organizations: — Unilever, Unilever, London Stock Exchange Locations: London

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