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A slate of stocks — including a couple of notable winners — still have plenty more room to run this summer, according to Morgan Stanley. "Despite near all-time high, valuation remains attractive, especially when compared to more well known stocks," he wrote. Warner Music Group Analyst Benjamin Swinburne recently resumed coverage of Warner Music Group with an overweight rating and called the stock a top pick. Warner Music Group "In the past 18 months, the music industry has seen significant positive developments. Progressive "Despite near all-time high, valuation remains attractive, especially when compared to more well known stocks.
Persons: , Morgan Stanley, it's, Morgan, Morgan Stanley's, Megan Alexander, Alexander, she's, Bob Jian Huang, Huang, Benjamin Swinburne, Swinburne, Price, DELL Organizations: Nvidia, CNBC, Dell Technologies, Hasbro, Body Works, Warner Music Group, Android, Warner Music, Warner, NVIDIA
Bill Gates and Warren Buffett have given each other a few tips over the course of their friendship, which has lasted for more than three decades and counting. One of those lessons is something Gates wishes he'd learned a lot sooner, to clear up his busy schedule — and possibly even made him happier and more productive. "In hindsight, it's a lesson I could have learned a lot sooner had I taken more peeks at Warren Buffett's intentionally light calendar." Gates finally learned to cut his employees, and himself, some slack after catching a peek of the Berkshire Hathaway CEO's personal daybook. "[I] remember Warren showing me his calendar ... he [still] has days that there's nothing on it," Gates said, adding that Buffett's sparser schedule taught him an important lesson.
Persons: Bill Gates, Warren Buffett, Gates, he'd, it's, Warren Buffett's, He's, , Charlie Rose, Buffett, Berkshire Hathaway, Warren, It's Organizations: Microsoft, Berkshire, Workers, Stanford University, Northern Arizona University, CNBC
is a Pulitzer Prize-winning investigative reporter and co-author of “She Said,” which recounts how she and Megan Twohey broke the story of sexual abuse allegations against Harvey Weinstein, helping to ignite the #MeToo movement. Instagram •
Persons: , Said, Megan Twohey, Harvey Weinstein, Instagram
The rollout of the Biden administration's CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion's share of the $33 billion that has been allocated to this point. Now, with $6 billion remaining, the focus is shifting to sending smaller awards to smaller companies—dozens of them, up and down the supply chain. "We are really focused on investing across the semiconductor ecosystem," Michael Schmidt, director of the CHIPS Program Office at the Commerce Department, told CNBC. Intel , Taiwan Semiconductor , Samsung and Micron combined will receive nearly $28 billion, while GlobalFoundries received $1.5 billion and four smaller companies – BAE Systems, Microchip , Polar Semiconductor and Absolics – received a combined $392 million. Another $3.5 billion has been set aside for the "secure enclave" program, which will produce semiconductors for military use.
Persons: Michael Schmidt, Schmidt, Gina Raimondo, GlobalFoundries, Organizations: Biden, Commerce Department, CNBC, Intel, Taiwan Semiconductor, Samsung, Micron, BAE Systems, Polar Semiconductor
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCFPB takes steps to regulate 'buy now, pay later' lendersCNBC's Megan Cassella reports on news from the Consumer Financial Protection Bureau.
Persons: CNBC's Megan Cassella Organizations: Consumer Financial, Bureau
Before co-founding Netflix, Reed Hastings thought another of his business ideas would become a household name. Specifically, it was a "foot mouse" — where users could control a computer cursor with their feet, Hastings said at a recent Stanford Graduate School of Business event. "It was a terrible idea, but I was equally committed to that terrible idea as I was to Netflix," he said. In the case of the foot mouse, Hastings was a Stanford graduate student at the time, working toward his master's in computer science. He even hired a mechanical engineering graduate student to mockup a prototype.
Persons: Reed Hastings, Hastings, he's Organizations: Netflix, Stanford Graduate School of, Wired, Stanford
In 2019, Gordon started cataloguing her adventures on Instagram. That revenue includes money from sponsorships, public speaking gigs, ads and affiliate marketing on her social media, and merchandise sales, she says. I'm hoping this will be my retirement job ... traveling around the world, showing up at events, inspiring people and continuing with my social media. She posts to social media once each day, filming when she's not actively working. Courtesy of Kelly Gordon
Persons: Kelly Gordon, Gordon, Instagram, Captain Kelly J, scoffed, I'm, Gordon's, They're, I've, she's Organizations: CNBC, Carteret Community College, Instagram, Facebook Locations: North Carolina, Palm Beach , Florida, Indiana, Mississippi, France
A former British marine charged with spying for Hong Kong’s intelligence service has died, according to a police statement released on Tuesday evening. The man, who was named by the Thames Valley Police as Matthew Trickett, was found dead in a park in Maidenhead, a town west of London, on Sunday. Mr. Trickett was one of three men charged last week under Britain’s National Security Act with assisting the Hong Kong intelligence service, and their case was expected to return to court on Friday. In the wake of the charges last week, Britain summoned the Chinese ambassador for a reprimand. Mr. Trickett, 37, who was a British immigration enforcement officer and a former Royal Marine, was also the director of a private security firm, MTR Consultancy.
Persons: Hong, Matthew Trickett, Trickett Organizations: Thames, Police, Britain’s National, Hong, Royal, MTR Consultancy Locations: British, Maidenhead, London, Hong Kong, China, Beijing
A British court is set to make a final decision on Monday on whether Julian Assange, the WikiLeaks founder, will be granted the right to appeal an extradition order to the United States, where he faces charges under the Espionage Act. Mr. Assange has been held in a London prison since 2019, accused by the United States of violations in connection with obtaining and publishing classified government documents on WikiLeaks in 2010. His case has slowly wound through the courts since his extradition was ordered by a London court in April 2022. Priti Patel, Britain’s home secretary at the time, approved the extradition two months later. In February, the High Court heard Mr. Assange’s final bid for an appeal, and in March, the judges asked the U.S. authorities to provide specific assurances about his treatment if extradited.
Persons: Julian Assange, Assange, Priti Patel, Britain’s, Assange’s Organizations: WikiLeaks Locations: United States, U.S
Opinion | Israel and Gaza: Despair and What-Ifs
  + stars: | 2024-05-20 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “In Israel, ‘the Darkness Is Everywhere,’” by Megan K. Stack (Opinion guest essay, May 18):I appreciate Ms. Stack’s essay, in which she makes several important observations about current attitudes among Israelis. However, she leaves out the tragic choices that Palestinians have themselves made in Gaza and the West Bank. Instead, they diverted essentially all investment into war preparations, including the rocket and tunnel technology that has proved so formidable in several wars with Israel since then. Stephen HallSan FranciscoTo the Editor:I am grateful to The New York Times for publishing Megan K. Stack’s essay. We need more articles on what it is really like on the ground in Israel, and, as disheartening as it may be, we are all better and more informed for reading it.
Persons: Megan K, Gazans, Stephen Hall Organizations: West Bank, Stephen Hall San Francisco, The New York Times Locations: Israel, Gaza
Where the last $6B in CHIPS Act funding will go
  + stars: | 2024-05-20 | 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 EmailWhere the last $6B in CHIPS Act funding will goThe Commerce Department started the year with $39 billion in CHIPS Act grants, and now has around $6 billion left to award across the semiconductor supply chain. CNBC's Megan Cassella sits down with CHIPS Program Director Michael Schmidt to discuss how the agency plans to allocate the final billions before year-end.
Persons: Megan Cassella, Michael Schmidt Organizations: Commerce Department
A London court ruled on Monday that Julian Assange, the embattled WikiLeaks founder, could appeal his extradition to the United States, a move that opens a new chapter in his prolonged fight against the order in Britain’s courts. Two High Court judges said they would allow an appeal to be heard on a limited number of issues. In March, the judges said that the court would grant a request to appeal unless the American government gave “a satisfactory assurance” that Mr. Assange would be afforded protections under the U.S. Constitution, would not be “prejudiced by reason of his nationality,” and that “the death penalty is not imposed.”The U.S. Embassy in Britain provided assurances on those issues in a letter sent in April, but Mr. Assange’s legal team had argued in court that they did not all go far enough to meet the court’s request. Mr. Assange, 52, has been held in Belmarsh, one of Britain’s highest-security prisons, in southeastern London since 2019 as his fight against the extradition order has proceeded through the courts.
Persons: Julian Assange, Assange Organizations: WikiLeaks, U.S, Constitution, Embassy Locations: United States, American, U.S, Britain, Belmarsh, London
Opinion: Credibility is the key at Trump trial
  + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com   time to read: +21 min
The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.
Persons: CNN —, ” Mark Twain, , Twain, ” Michael Cohen, Donald Trump, , Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, , pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, , Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, , Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, , Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham
Some of the raucous crowd was there to watch Caitlin Clark — the Fever’s wunderkind rookie — play her first professional game in New York City, some were Liberty fans, and more than a few seemed to be there to cheer for both sides. There were celebrities sitting courtside, like Billie Jean King, Jason Sudeikis, Megan Rapinoe and the actress Amy Ryan. And there was basketball royalty in the building as well, including Sue Bird, Pau Gasol and Dawn Staley, the coach of the South Carolina women’s basketball team that beat Ms. Clark’s Iowa Hawkeyes in this year’s N.C.A.A. tournament final. Every time the Jumbotron flashed one of the famous faces, the crowd seemed to get even more electric.
Persons: Caitlin Clark —, , Billie Jean King, Jason Sudeikis, Megan Rapinoe, Amy Ryan, Sue Bird, Pau Gasol, Dawn Staley Organizations: Barclays Center, New York Liberty, Indiana, Liberty, Carolina women’s, Clark’s Iowa Hawkeyes Locations: New York City
These are just three of the models who have graced the cover of Sports Illustrated’s famous — and at times controversial — “Swimsuit Edition.” Now, to celebrate the special issue’s 60th year in print, the magazine has unveiled seven new covers featuring 27 women and reuniting past cover models for a “Legends” photo shoot. Kate Upton, Chrissy Teigen, plus-size model Hunter McGrady, and CBS News host Gayle King all posed for their own solo covers. (This marks the fourth time Upton has appeared on the magazine’s cover, and the second time for Teigen.) This year’s issue does just that.”Model and TV personality Chrissy Teigen appears on one of the anniversary edition's seven covers. Yu Tsai/Sports IllustratedSports Illustrated debuted its first-ever “Swimsuit Edition” started in 1963, with a young German model named Babette March on the cover, pictured frolicking on a beach in Mexico in a white bikini.
Persons: Martha Stewart, Christie Brinkley, Tyra Banks, Kate Upton, Chrissy Teigen, Hunter McGrady, Gayle King, Upton, Chanel Iman, Maye Musk, Megan Rapinoe, Winnie Harlow, Brenna Huckaby, Halima, MJ, , , “ We’ve, Yu Tsai, Babette, Bloom, Valentina Sampaio, Kim Petras, Ashley Graham, McGrady, Kim Kardashian, Naomi Osaka, Megan Thee, it’s Organizations: CNN, Sports, CBS News, Teigen Locations: Halima Aden, German, Mexico
Live, Laugh, Love (but Evil)
  + stars: | 2024-05-18 | by ( Scott Cacciola | Benjamin Norman | Photographs | ) www.nytimes.com   time to read: +1 min
Mera Caulfield was watching television a couple of months ago when the screen suddenly erupted with characters doing their best evil laughs. Ms. Caulfield turned to her two roommates, Alixandra Matos and Megan Mandrachio. “I was like, ‘That’s literally us,’ ” Ms. Caulfield said. Their apartment in Queens was soon filled with a cacophony of evil laughs. By her own admission, Ms. Caulfield, 25, who subsidizes her nascent career in comedy by waitressing and being a nanny, was disappointed in her performance.
Persons: Mera Caulfield, Ms, Caulfield, Alixandra Matos, Megan Mandrachio, , That’s, , waitressing, Locations: Queens, Brooklyn, Nighthorse, Greenpoint
$6 billion left in chips funding
  + stars: | 2024-05-17 | by ( Megan Cassella | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email$6 billion left in chips fundingThe Commerce Department has allocated the lion's share of CHIPS Act funds, but there's still about $6 billion left. Megan Cassella reports on what companies might receive those remaining funds.
Persons: Megan Cassella Organizations: Commerce Department
Guy Fieri has a burger restaurant on every Carnival Cruise Line ship, and I decided to try it. Guy's Burger Joint is on every Carnival Cruise Line ship. Megan duBoisCarnival Cruise Line is known for its budget-friendly voyages and impressive lido-deck dining options, one of which is Guy's Burger Joint. Now, it's a staple on every Carnival Cruise Line ship and will also be on the upcoming addition to the fleet: the Carnival Jubilee. On the Elation, Guy's Burger Joint was open from noon until 6 p.m.
Persons: Guy Fieri, Megan duBois Organizations: Food Network Locations: Burger
Adults have felt more socially anxious and had more trouble forming relationships since the start of the Covid-19 pandemic, studies show. Here are three of her top micro-risks you can take to build more credibility, confidence and influence around the office. Ask for helpThe longer you work somewhere, the more it can feel like your colleagues expect you to know all the answers. If going directly to your new boss makes your skin crawl, enlist an "awkward army" — a small group of colleagues you trust — and compare notes, Pryor recommends. You could ask your army how to pronounce a co-worker's name, or how certain supervisors like reports formatted.
Persons: Pryor, , you've, You'll Organizations: Regularly
By Megan K. StackIt was the pictures of Palestinians swimming and sunning at a Gaza beach that rubbed Yehuda Shlezinger, an Israeli journalist, the wrong way. Stylish in round red glasses and a faint scruff of beard, Mr. Shlezinger unloaded his revulsion at the “disturbing” pictures while appearing on Israel’s Channel 12. “We should have seen a lot more revenge there,” Mr. Shlezinger unrepentantly added. “A lot more rivers of Gazans’ blood.”It would be nice to think that Mr. Shlezinger is a fringe figure, or that Israelis would be shocked by his bloody fantasies. Israel has hardened, and the signs of it are in plain view.
Persons: Megan K, Yehuda Shlezinger, Shlezinger, , ” Mr, Shlezinger unrepentantly, he’s, preening Organizations: Israel Hayom Locations: Gaza, Israeli, Israel
The day after U.K. police charged three men with assisting Hong Kong’s intelligence service, China’s ambassador to Britain was summoned for an official reprimand by the British foreign ministry in the latest sign of growing tension between London and Beijing. The British government said that it had called the ambassador, Zheng Zeguang, to its Foreign, Commonwealth and Development Office after the three men appeared in court on Monday. The Foreign Office said in a statement that it had been “unequivocal in setting out that the recent pattern of behavior directed by China against the U.K.” was not acceptable. It cited cyberattacks, alleged espionage and the issuing of bounties for information leading to the prosecution of dissidents who fled Hong Kong after its crackdown on the pro-democracy movement and resettled in Britain. The three men who appeared at Westminster Magistrates’ Court on Monday have been charged with gathering intelligence for Hong Kong, a former British colony which is a special administrative region of China, and of forcing entry into a U.K. residential address.
Persons: Hong, Zheng Zeguang, , cyberattacks Organizations: Foreign, Commonwealth, Development, U.K, Locations: Britain, British, London, Beijing, China, Hong Kong, Westminster
Imagine that the campus protesters got their wish tomorrow: Not just “Cease-fire Now” in Gaza, but the creation of a “Free Palestine.” How free would that future Palestine be? Palestinians have had a measure of self-rule in the West Bank since Yasir Arafat entered Gaza in 1994. Israeli settlers have run riot against their Palestinian neighbors. The Israeli government imposes heavy and unequal restrictions on Palestinians, as my colleague Megan Stack has reported in painful detail. The frequent mistreatment of Palestinians at Israeli checkpoints is a long-running disgrace.
Persons: Yasir Arafat, Mahmoud Abbas, they’ve, Israel, Megan Stack Organizations: West Bank, Palestinian Authority Locations: Gaza, Palestine
Abuja CNN —Prince Harry joined in - but lost - a game of sitting volleyball against wounded army veterans as he and his wife Meghan were well received on the latest leg of their tour of Nigeria. After arriving at an officer’s mess late morning local time they were immediately taken to watch a sitting volleyball game. They were given scarves in the green and white colors of Nigeria as they took their seats in the arena. Megan receives flowers from a girl upon her arrival for an exhibition sitting volleyball match at Nigeria Unconquered. “Honestly, Prince Harry and Meghan’s visit to Nigeria, it means a lot to me personally,” flight sergeant Ifeoma Loveleen Nwagbo told CNN.
Persons: Abuja CNN — Prince Harry, Meghan, servicemembers, Duke, Sussex’s, Harry, Akanbi, , , Kola Sulaimon, Prince Harry, Meghan’s, Ifeoma Loveleen Nwagbo, Gloria Kisitmwa Dimka, Duchess of Sussex, ” Harry Organizations: Abuja CNN, Nigeria’s Defence Staff, , Sussex’s Invictus Games, Nigerian, CNN, Sussex Squad, Nigeria, Getty, CNN’s Royal Locations: Abuja, Nigeria, ‘ Nigeria, Sussex Squad Nigeria, Nigerian, Kola, AFP, West African
I go to Disney World at least once a month, and I've found underrated things most tourists miss. On days when I'm not going to the theme parks, I love playing mini golf with family and friends. AdvertisementI've been going to Disney World for over 30 years, and as an adult, I visit at least once a month. The company is putting $60 billion into its global theme parks and cruise lines — including significant additions and renovations across the Disney World parks — so there's more to do every visit. But with all the expansion, most tourists probably miss the underrated activities I've discovered across the property.
Persons: I've, I'm, Organizations: Disney, Service Locations: Disney Springs
There's a mentality that you should strive to have a life outside work by working set hours and having boundaries. Deep work is the defaultAt work, Norwegians are working, and deep work is expected of everyone. I've set up my notification systems so that only important things come through outside work hours. Talking of work outside work is not taboo, but you don't want to be the guy who can't shut up about work. You get used to this dynamic where time is precious and hate it when someone's late outside work.
Persons: , Sondre Kvam, Norway that's, they're, there's, I've, she's Organizations: Service, VR, Companies Locations: Norway, Norwegian, Oslo, Sweden
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