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☆ The big post-Fed rally could get tested in week ahead: 'A lot holds in the balance' of the next few days
▼ + stars: | 2024-09-20 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Dow Jones Industrial Average topped 42,000 this week for the first time ever, while the S & P 500 breached the 5,700 milestone, after the Federal Reserve cut interest rates by a half-percentage point. "A lot holds in the balance of the next couple or few days," said Katie Stockton, founder at Fairlead Strategies. .SPX 5D mountain S & P 500 On Friday, the 30-stock Dow, the S & P 500 and the Nasdaq Composite each closed higher by more than 1% for the week. The breakout is "'pending confirmation,'" Stockton said. Overall, Stockton expects that the longer-term setup for the S & P 500 is "a bit overdone."

Persons: Katie Stockton, Stockton, That's, Sam Stovall, Gee, Christopher Waller, Jerome Powell, Stovall Organizations: Dow Jones, Federal Reserve, Dow, Nasdaq, Stockton, CFRA, Fed, Chicago, PMI, Richmond Fed, New, Micron Technology, Transportation, . Kansas City Fed Manufacturing, Costco Wholesale, PCE Deflator, PCE Locations: . Kansas, Michigan

☆ Buffalo Bills fans can buy bonds to finance the team's new stadium
▼ + stars: | 2024-09-20 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Josh Allen, #17 of the Buffalo Bills, warms up prior to an NFL game against the Miami Dolphins at Hard Rock Stadium in Miami Gardens, Florida, on Sept. 12, 2024. It won't be an ordinary "Monday Night Football" gameday for Buffalo Bills fans next week. Erie County, where Buffalo sits, is selling the bonds to help fund half the $250 million it agreed to put up for the new stadium. The new stadium will be owned by the Erie County Stadium Corporation and the Bills will pay rent. The Buffalo Bills are 2-0 this season and take on the winless Jaguars on Monday night.

Persons: Josh Allen, Kevin Hardwick, Hardwick Organizations: Buffalo Bills, NFL, Miami Dolphins, Jacksonville Jaguars, Bills, Retail, Investments, CNBC's Official NFL, National Football League, Kansas City Chiefs, Erie, Stadium Corporation Locations: Miami Gardens , Florida, Orchard Park, Buffalo, Erie County, New York, Erie

☆ This under-the-radar stock in Nvidia's supply chain is a 'hidden gem,' Jefferies says
▼ + stars: | 2024-09-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One global stock stands out as a "unique play" in the Nvidia and artificial intelligence supply chain, according to Jefferies. It's German semiconductor firm SUSS MicroTec , Jefferies said in a Sept. 17 report, calling it a "hidden gem" among European semiconductor firms. The investment bank initiated coverage of the stock at a buy rating and a target price of 76 euros ($84). The firm has "multi-layered exposure" to an advanced packaging technology called Chip-on-Wafer-on-Substrate, said Jefferies, explaining that it's used to make AI chips. SUSS sells its products to two major high bandwidth memory suppliers and TSMC, to be used in the production of that advanced packaging.

Persons: Jefferies, MicroTec, it's, SUSS, — CNBC's Michael Bloom Organizations: Nvidia, U.S, Jefferies, NVIDIA Locations: TSMC

☆ CNBC Daily Open: Markets have finally processed the good news
▼ + stars: | 2024-09-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Commodity price movements Stocks have rallied on the back of the Fed's rate cut. The S&P climbed 1.7% to end at 5,713.64, the first time the broad-based index has broken through the 5,700 ceiling. At the end of Washington's song, she croons, "What a difference a day makes / And the difference is you."

Persons: Stocks, it's, Jerome Powell's, Jeff Cox, Dinah Washington, Oppenheimer, Brian Belski, Powell, –, Alex Harring, Fred Imbert, Hakyung Kim, Lisa Kailai Han Organizations: Nasdaq, CNBC, Citi, HSBC, People's Bank of, Bank of, Fed, Dow, Nvidia, Apple, BMO Locations: New York, China, Japan, Asia, People's Bank of China, Bank of Japan, Dinah Washington . Washington

Pictured here is an Apple flagship store in Beijing, China, on the day of the iPhone 16 launch on Sept. 20, 2024. The iPhone 16 Pro Max starts at $1,199, and the iPhone 16 at $799. Huawei's trifold Mate XT starts at the equivalent of more than $2,800. The Apple iPhone 16 Pro Max was selling for 10,500 yuan to 16,300 yuan, the site showed. Earlier in the day, the listed resale Mate XT price was 19,000 yuan, while the Apple iPhone 16 Pro Max was selling for 9,999 yuan, the site showed.

Persons: pricier, Max, Huawei's Organizations: Apple, Bloomberg, Getty, CNBC, XT, Huawei Locations: Beijing, China, BEIJING, . U.S

☆ From gold and silver, to oil and aluminum: Where analysts see prices now the Fed has cut rates
▼ + stars: | 2024-09-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

HSBC in a Sept. 17 report examined the relationship between Fed rate cuts and copper and aluminum prices over the past 30 years. In its base case, Citi sees copper prices averaging $9,000 per ton for the rest of this year, citing U.S. election uncertainty and weak manufacturing sentiment. Energy Citi anticipates that oil will suffer renewed price weakness in 2025, with Brent falling to around $60 a barrel. Based on what happened in 2019, trade tariffs lowered global oil demand growth by 0.2 million barrels a day. A slowdown in China, among the world's largest importer and consumer of oil, has been blamed on slowing global oil demand.

Persons: annualized, it's, that's, Brent Organizations: U.S . Federal Reserve, Citi, HSBC, Commodities, Energy Citi Locations: China, U.S, Europe, Iran

☆ SEC says Elon Musk should be sanctioned if he keeps dodging Twitter depositions
▼ + stars: | 2024-09-20 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

In May, the court ordered Musk to appear for a deposition by the financial regulators regarding the Twitter deal. Musk's deposition in the probe has been rescheduled for a date in early October at an SEC office, the filing said. Additionally, Musk and his companies have "cooperated and are cooperating with the SEC in multiple other ongoing investigations," Spiro wrote. In the messages, the Morgan Stanley contact wrote in February 2022 that Musk's Twitter stock-buying strategy was closely held. "No one knows what is going on and why but you and me," the person at Morgan Stanley wrote.

Persons: Elon Musk, The Beverly Hilton, Robin Andrews, Andrews, Alex Spiro, Quinn Emanuel, Musk, Spiro, Morgan Stanley, Jared Birchall Organizations: SpaceX, Tesla, The Beverly, The Securities, Exchange Commission, SEC, Twitter, Oklahoma Firefighters Locations: Beverly Hills , California, U.S, Los Angeles, New York

Zambada would later claim that he was “ambushed” and “kidnapped” by Guzmán López and hand-delivered to US authorities. It remains unclear why Guzmán López surrendered to US authorities and brought Zambada with him. Forensic investigators remove a body from the street in La Costerita, Culiacan, Sinaloa state, Mexico, Thursday, Sept. 19, 2024. “In Sinaloa, there wasn’t the violence that there is now,” the Mexican president said Thursday. Mexican Defense Secretary Luis Cresencio Sandoval said on Tuesday that at least two soldiers died last week during the violence in Sinaloa.

Persons: Andrés Manuel López Obrador, López Obrador, Washington, Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquín Guzmán López, “ El, Guzmán, Zambada, ”, “, Guzmán López, ” Zambada, Mexico Ken Salazar, Eduardo Verdugo, Ruben Rocha Moya, Luis Cresencio Sandoval Organizations: CNN, Sinaloa Cartel, Ismael “ El Mayo ”, US Department of Justice, Gov, Armed Forces, Mexican Locations: United States, Sinaloa, El Paso , Texas, Mexico, ‘, La Costerita, Culiacan, “

☆ Oil prices set to end week higher after U.S. rate cut
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +1 min

Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures , which were trading 19 cents or 0.3% lower at $73.69 a barrel at 0027 GMT on Friday, gained 4.3% this week. The U.S. central bank cut interest rates by half a percentage point on Wednesday. Weak demand from China's slowing economy was weighing on prices, with refinery output in China slowing for a fifth month in August. China's industrial output growth also slowed to a five-month low last month, and retail sales and new home prices weakened further.

Persons: Brent Organizations: Citi Locations: Brent, U.S, China

☆ CNBC Daily Open: One day makes all the difference
▼ + stars: | 2024-09-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "Recalibration" Fed Chair Jerome Powell's use of the word "recalibration" seemed to reassure investors that the central bank's 50 basis point cut wasn't that worrying. It signaled the Fed wasn't responding to a slowing economy, but shifting focus to ensuring employment doesn't dip further, wrote CNBC's Jeff Cox. At the end of Washington's song, she croons, "What a difference a day makes / And the difference is you."

Persons: BOE, Jerome Powell's, Jeff Cox, Dinah Washington, Oppenheimer, Brian Belski, Powell, –, Alex Harring, Fred Imbert, Hakyung Kim, Lisa Kailai Han Organizations: Nasdaq, CNBC, JPMorgan Chase, of England, Monetary, Fed, Dow, Nvidia, Apple, BMO Locations: New York, Dinah Washington . Washington

SPRINGFIELD, Ohio — The dozens of bomb threats and the onslaught of public attention that has befallen a small Ohio city since President Donald Trump and others pushed the false claim that Haitian migrants were stealing and eating pets has children living in fear, worried parents said Thursday. A U.S. flag is displayed on Sept. 16, 2024 in Springfield, Ohio. Luke Sharrett / Getty Images“I really feel bad for the Haitian children, because they’re here for an education,” Moore said. That’s not right, that my daughter has to be fearful,” Springfield parent Martin McWhorter said. “Why are you messing with my baby?”McWhorter said his daughter’s school was a target of the bomb threats and lamented that what had been a small, peaceful city now doesn’t feel safe.

Persons: Donald Trump, “ They’re, ” John Michael Moore, Trump, Kamala Harris, Trump’s, Sen, JD Vance, hasn’t, Luke Sharrett, ” Moore, “, that’s, That’s, ”, Martin McWhorter, ” McWhorter, Melanie Flax Wilt, we’ve, Wilt, Pierre, ” Pierre, Isaac Mackey, Sharice Otieno, couldn’t, ” Otieno, Otieno Organizations: Commission, NBC News, Walmart Locations: SPRINGFIELD , Ohio, Ohio, Springfield, U.S, Springfield , Ohio, ” Springfield, Clark, Haitian, Springfield from Florida, Columbus, Cincinnati, Indiana, Florida

A Kentucky couple spent six days looking for a body believed to be the highway shooting suspect that authorities have been hunting for over a week — and eventually found it by following circling vultures, they said Thursday. So capturing Couch wasn't as far fetched as it might seem, the couple said. "None of us are getting out of this world alive," Fred McCoy told NBC News. "The smell was terrible, it was horrible," said Sheila McCoy, 59. "When you got that many vultures, you've either got a livestock, a horse, a cow or you've got a human," said Fred McCoy, 67.

Persons: Fred, Sheila McCoy, Joseph A ., Couch, Fred McCoy, he's, Fred McCoy —, Hatfield, McCoy, West Virginia —, I've, you've Organizations: Authorities, NBC, West Virginia, YouTube, telltale Locations: Kentucky, Laurel County, London , Kentucky, Eastern Kentucky, West

A Michigan sheriff’s deputy didn’t need one as she leapt into the window of a moving car on a busy highway to rescue a 63-year-old driver suffering from a medical emergency. “The vehicle wasn’t responding. The driver wasn’t responding to us. He wasn’t going very fast. When asked if she was fearful about making the jump, Miron said she didn’t think twice.

Persons: Nicole Miron, Anthony Gross, WDIV, ’ ” Miron, Miron, ”, “, ” Sheriff's, Gross, ’ ” Gross, ‘ I’m, ” Miron, didn’t, ’ Organizations: GMC Sierra swerving Locations: Michigan, Mount Clemens, Detroit, Macomb

☆ Elon Musk's X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil
▼ + stars: | 2024-09-19 | by ( Lora Kolodny | ) www.nbcnews.com time to read: +4 min

Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court on Thursday. The court said it would continue to impose “joint liability” on Starlink, the satellite internet service owned and operated by SpaceX, Musk’s aerospace venture. Brazil previously withdrew money for fines it levied against X from the accounts of X and Starlink at financial institutions in the country. X said it wasn’t intending to restore access for Brazilian users. Before the suspension, X had an estimated 22 million users in Brazil, according to Data Reportal.

Persons: Elon Musk’s, Brazil’s, Alexandre de Moraes, X, de Moraes, Darth Vader, Harry Potter, Voldemort, Musk, Correio, ”, “, Cloudflare didn’t Organizations: Supremo, Federal, SpaceX, Cloudflare, CNBC Locations: Brazil, Starlink, India, Turkey, Hungary

QuarterbacksJordan Love, Green Bay PackersStatus: Questionable vs. TitansLove sprained his MCL in the final seconds of Green Bay’s Week 1 loss to the Philadelphia Eagles. Justin Herbert, Los Angeles ChargersStatus: Questionable vs. SteelersHerbert injured his right leg in the third quarter of Week 2’s 26-3 win against the Carolina Panthers trying to escape the pocket. Russell Wilson, Pittsburgh SteelersStatus: Questionable vs. ChargersWilson has yet to play this season because of a calf injury. Wide receiversKeenan Allen, Chicago BearsStatus: Questionable vs. ColtsAllen was inactive against the Texans in Week 2 with a heel injury. Justin Jefferson, Minnesota VikingsStatus: Questionable vs. TexansJefferson sustained a thigh bruise in the third quarter of Week 2’s 23-17 win against the 49ers.

Persons: We’re, Christian McCaffrey, Achilles, Isiah Pacheco, Jordan Love, Love, Malik Willis, Matt LaFleur, he’s, we’ll, Malik, ”, “, Justin Herbert, Steelers Herbert, Jim Harbaugh, Tua, There’s, Skylar Thompson, Russell Wilson, Chargers Wilson, Mike Tomlin, Justin Fields, McCaffrey, Jordan Mason, Clyde Edwards, Helaire, Kareem Hunt, Carson Steele, Joe Mixon, Vikings Mixon, DeMeco Ryans, Kenneth Walker III, Dolphins Walker, Zach Charbonnet, Rachaad, Bucky Irving, White, Keenan Allen, Colts Allen, wideout, Caleb Williams, DJ Moore, Rome Odunze, Cole Kmet, Allen, Tee Higgins, Higgins, Zac Taylor, Cooper Kupp, Puka, —, — Nacua, Cupp, Justin Jefferson, Texans Jefferson, Kevin O’Connell, Jefferson, A.J ., Saints Brown, Deebo Samuel, Rams Samuel, Kyle Shanahan, Brandon Aiyuk, David Njoku, he’ll, Kevin Stefanski, Jake Ferguson, Ravens Ferguson, Stephen Jones, Ferguson, Taysom, Dennis Allen, Hill Organizations: NFL, San Francisco 49ers, Kansas City Chiefs, Los Angeles Rams, Green Bay Packers, Philadelphia Eagles, Indianapolis Colts, Packers, Los Angeles Chargers, Steelers, Carolina Panthers, Chargers, Miami Dolphins, Buffalo Bills, Miami, Arizona Cardinals, Pittsburgh Steelers, Pittsburgh, Isiah Pacheco , Kansas City Chiefs, Chiefs, Atlanta, Houston Texans, Vikings, Texans, Chicago Bears, Seattle Seahawks, Dolphins, New England Patriots, Tampa Bay Buccaneers, Broncos White, Tampa Bay’s, Lions, ESPN, Denver, Colts, Cincinnati Bengals, Washington, 49ers, Los, Minnesota Vikings, Saints, Rams, Cleveland Browns, Giants Njoku, New York, Browns, Dallas Cowboys, Ravens, Cowboys, Baltimore, , New Orleans Saints, Eagles, ’ Locations: Tua Tagovailoa, Isiah Pacheco ,, Houston, Cincinnati, Los Angeles, Angeles, Minnesota, A.J . Brown, Francisco’s, , New Orleans

Authorities say Ryan Wesley Routh was lying in wait for former President Donald Trump at the West Palm Beach golf course on Sunday with a semi-automatic rifle. Another business owner who was visited by the FBI believed their business may have had surveillance video of Routh leaving the scene, and that business owner says the FBI copied the file containing the video. A third business said that agents visited them for surveillance video after the shooting. Federal charging documents allege that Routh arrived at the golf course at 1:59 a.m. ET the day he was allegedly spotted with a weapon near the course, based on FBI cell phone analysis.

Persons: Ryan Wesley Routh, Donald Trump, Routh, Joe Raedle, Routh’s Organizations: Trump International Golf Club, Palm, FBI, Trump, Secret, Service, Trump International Golf, NBC Locations: Florida, Palm Beach, Beach, West Palm Beach, Fla

☆ Judge extends temporary restraining order against Biden's student debt forgiveness plan
▼ + stars: | 2024-09-19 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

President Joe Biden's student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it on Wednesday. U.S. District Judge Randal Hall, who was appointed by former Republican President George W. Bush, said that Biden's plan would remain blocked for an additional 14 days. The ruling came as the Biden administration was expected to publish its final rule on a revised student loan forgiveness plan in October. The judge first issued a temporary restraining order on Sept. 5 shortly after the lawsuit was filed. Those enrolled in the plan, around 8 million people, do not have to make payments at this time.

Persons: Joe Biden's, Randal Hall, George W, Bush, Biden, Hall, Arkansas — Organizations: . U.S, Republican, GOP, U.S . Department, CNBC Locations: ., Florida, North Dakota, Georgia , Ohio, Alabama , Missouri, Arkansas

☆ French woman responds with outrage after lawyers suggest she consented to a decade of rape
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | Yuliya Talmazan | ) www.nbcnews.com time to read: +3 min

“I have felt humiliated," an outraged Gisèle Pelicot said of the arguments alleging she was an alcoholic or being her ex-husband's co-conspirator. Are they degenerates?” Gisèle Pelicot told the court. She testified earlier this month that her world collapsed when police uncovered the years of alleged abuse, recorded by Dominique Pelicot in a cache of more than 20,000 images and videos. A rendering of Dominique Pelicot, inside the glass box in the Avignon courthouse built to hold some of the defendants. Many of the defendants deny raping Pelicot.

Persons: Gisèle Pelicot, Dominique Pelicot, “, Gisele Pelicot, Christophe Simon, ” Dominique Pelicot, drugging, ”, Reuters Pelicot, Pelicot, Lionel Rodriguez, “ I’m, Rodriguez Organizations: Getty, Reuters, TF1 Locations: Avignon, AFP, France

The group said Harris had given it the cold shoulder and “fumbled” by refusing even the “small gesture” of allowing a Palestinian American speaker at last month’s Democratic National Convention. The Uncommitted Movement emerged as a result of Democratic voters’ expressing dissatisfaction with this year’s Democratic presidential primaries. More than 700,000 voters ended up selecting “uncommitted,” sending 30 uncommitted delegates to the Democratic National Convention in Chicago. Instead, uncommitted delegates staged a sit-in outside the convention hall and set a new deadline of Sept. 15 for Harris to meet with Palestinian American families in Michigan who had lost loved ones in Gaza. That request was rebuffed, as well, according to the group, leading it to issue of the non-endorsement of Harris.

Persons: Kamala Harris, Donald Trump, Harris, “, Dick Cheney, sidelining, Harris ’, Jill Stein, Cornel West, Stein, West, Joe Biden, Biden, uncommitted, Trump, ” Organizations: NBC, Democratic National Convention, Trump, Green Party, Uncommitted, Democratic, Democratic Party, American Israel Public Affairs Committee, Israel Locations: American, Gaza, Dearborn , Michigan, Chicago, Michigan

Yet while Black swing-state voters are largely lined up behind Harris, there are some important differences among subsets of the Black vote. Meanwhile, Black swing-state voters with college degrees support Harris over Trump by 73 points, while Black voters who aren’t college graduates support Harris over Trump by 68 points. Just over a quarter (26%) of men under 50 without college degrees said they’ll vote for Trump, compared with 67% who said they’ll vote for Harris. The Black voters polled most closely associated Harris with policies on abortions rights and reproductive health care (28%) and economic policies (26%). “And if they aren’t learning what Black voters are thinking, they’ll continue to be driven” by reporting and polling that doesn’t delve as deeply into Black opinion.

Persons: Kamala Harris, undecideds, Joe Biden’s, Harris, Donald Trump, Biden, “, ”, Dana Williams, ” Williams, Trump, Harris ’, they’ll Organizations: Black, Howard University Initiative, Public, Trump, Initiative, Graduate School, Howard University, Trump ., Howard Initiative Locations: Black, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Gaza, Trump

☆ Vermont caps emergency motel housing for homeless, forcing many to leave this month
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

BERLIN, Vt. — This fall, hundreds of the most vulnerable people experiencing homelessness in Vermont must leave state-funded motel rooms where they’ve been living as the state winds down its pandemic-era motel voucher program. The move is prompting outcry from municipal leaders and advocates who say many don’t have a place to go. The biggest exodus — about 230 households — is expected on Thursday when they reach a new 80-day limit stay in the motel rooms that the Legislature imposed starting in July. A new 1,110-room cap on the number of motel rooms the state can use to house those people in the warmer months from April through November also kicked in Sunday. The households will be eligible for motel housing again on Dec. 1 as winter sets in.

Persons: they’ve, Jen Armbrister, I’ve, ” Armbrister, She’s, Bruce Jewett, They’re, I’m, ”, Heidi Wright, Armbrister, Wright, nothing’s, “, William Fraser, Phil Scott, “ It’s, ” Scott, can’t Organizations: U.S . Department of Housing, Urban, Republican Gov Locations: BERLIN, Vt, Vermont, Montpelier, Barre, Berlin, ” Montpelier City, City, Chittenden County, Vermont’s, Burlington

☆ 12-year-old boy fatally shoots black bear mauling his dad during hunt in Wisconsin
▼ + stars: | 2024-09-19 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

SIREN, Wis. — A 12-year-old boy shot and killed a wounded black bear as it was mauling his father near their hunting cabin in the thick western Wisconsin woods. He shot that bear and killed it on top of me,” said Beierman, who suffered bites to his forehead, arm and leg. Earlier, he and Owen spotted the bear from a tree stand near Siren, Wisconsin, about 90 miles northeast of Minneapolis. Owen fired a shot, wounding the bear, which then ran away. “We were sort of hung up in a thicket when we heard the dog yelp and sprint past us in retreat,” Beierman told the newspaper.

Persons: Ryan Beierman, Owen, “ Owen, ”, Beierman, ” Beierman, “, ’ Organizations: Minnesota Star Tribune, Wisconsin Department of Natural Resources Locations: —, Wisconsin, Siren , Wisconsin, Minneapolis

Combs’ attorneys had asked that he be released on bail and said he could post a $50 million bond. Sean "Diddy" Combs in court in New York City on Tuesday. Johnson, the prosecutor, told the judge: “The defendant’s power gives him a unique ability to influence and intimidate witnesses and victims. They settled the lawsuit a day after it was filed without disclosing the terms and with Combs denying any wrongdoing. She said the witnesses who received subpoenas have firsthand knowledge of Combs’ behavior as charged in the indictment.

Persons: Sean Combs, Kalenna Harper, Dawn Richard, Diddy, Combs, Harper, Emily Johnson, Robyn Tarnofsky, Andrew Carter Jr, Sean, Jane Rosenberg, Johnson, ” Prosecutors, Richard, groped, ” Richard, Casandra Ventura, Cassie, ” Johnson, Harper “, hasn’t, Marc Agnifilo, Ventura, “, ”, ” Combs, Agnifilo, ” Agnifilo Organizations: U.S, District, Prosecutors, Bad Locations: New York, U.S, New York City

☆ North Carolina GOP governor nominee Mark Robinson denies making racist and sexually graphic posts on porn forum
▼ + stars: | 2024-09-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

North Carolina Lt. Gov. North Carolina Republican gubernatorial candidate Mark Robinson called himself a "black NAZI" and said "slavery is not bad" in years-old comments on an online pornographic forum, CNN reported Thursday. The Trump campaign denied it was pushing Robinson to withdraw. Robinson in Thursday's video signaled he would not leave the race in North Carolina, where the first absentee ballots are set to be sent out Friday. Recent polls on the race for North Carolina's top job show Stein leading Robinson, at times by wide margins.

Persons: Mark Robinson, Robinson, Donald Trump, Michael Lonergan, Josh Stein, Trump, Brian Hughes, Stein Organizations: Gov, Republican National Convention, Milwaukee , Wisconsin . North Carolina Republican, CNN, CNBC, Republican, Democratic, Carolina Journal, NBC, North, Republicans, GOP Locations: Carolina, Milwaukee , Wisconsin . North, North Carolina

☆ This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say
▼ + stars: | 2024-09-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Talen's surge comes on the back of its deal to sell a data center campus to Amazon Web Services and supply the facility with nuclear power from the Susquehanna station northwest of Allentown, Pennsylvania. The deal is viewed as a trailblazing agreement for the power industry, and Wall Street has taken notice. A year ago, Talen was not covered by any Wall Street analysts, according to FactSet data. And Talen's assets are located almost entirely in the PJM grid, a predominantly mid-Atlantic region where power prices are expected to explode as demand outstrips supply due in part to growing data center load. Data center developers are expected to spend $250 billion annually on data centers, Barclays analyst Nicholas Campanella said in a note this week.

Persons: Talen, Shahriar Pourreza, Pourreza, TLN, William Appicelli, Nicholas Campanella, Campanella, amortization, Appicelli Organizations: Talen Energy Corporation, Amazon Web Services, Street, Barclays, Guggenheim, Jefferies, UBS, Susquehanna, Talen Energy, AWS, American Electric Power, AEP, Federal Energy Regulatory Commission Locations: Susquehanna, Allentown , Pennsylvania, Wednesday's

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