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☆ Why corporate America can't stay silent on Hamas's October 7 attacks on Israel
▼ + stars: | 2023-10-20 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +4 min

London CNN —From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. But when the barbarous scale of Hamas’s October 7 attacks on Israel became clear, staying silent ceased to be an option. “Saying nothing speaks to cowardice,” said Jeffrey Sonnenfeld, a professor at the Yale School of Management who focuses on corporate leadership among other issues. All in, around 80 household-name companies in America have condemned the Hamas attacks, as tracked by Sonnenfeld who maintains a list. “Not taking a stand is taking a stand,” Susan, who served in the Israeli special forces, told CNN.

Persons: Donald Trump, Colin Kaepernick, Bud Light’s, ”, Jeffrey Sonnenfeld, “, Satya Nadella, ” Sundar Pichai, Sonnenfeld, , Paddy Cosgrove, Israel, Sundar Pichai, Israel Jose Luis Magana, Susan, ” Susan, ” Richard Griffiths, Citigate Dewe Rogerson, ” Griffiths Organizations: London CNN, Blackrock, America, Nike, Yale School of Management, Microsoft, Google, ” Disney, Tottenham Hotspur Football Club, Web, Eclipse, CNN, “, London Locations: Israel, America, United States, United Kingdom, Gaza, Ukraine, ”, Russia

☆ Odds U.S. economy does not see a recession 'pretty unlikely', says Unlimited Funds' Bob Elliott
▼ + stars: | 2023-10-20 | 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 EmailOdds U.S. economy does not see a recession 'pretty unlikely', says Unlimited Funds' Bob ElliottBob Elliott, Unlimited Funds CIO, joins 'Closing Bell Overtime' to talk the banking sector, the Federal Reserve, the possibility of a recession and more.

Persons: Bob Elliott Bob Elliott Organizations: Federal Reserve

"He is the change that Argentina needs," said 28-year-old Milei voter Ayrton Ortiz at a recent rally in Buenos Aires province in support of the candidate. Those working with his campaign say it is his authenticity that has made him so successful, especially with two-fifths of the population in poverty and looking for a new voice. "You can like him or not, but he is himself," said Fernando Cerimedo, a political consultant who works on Milei's campaign. Many Milei voters say they are willing to take the risk. At the end of the month, you see how they count pennies and cry," said Milei voter Valentina Brites, 18.

Persons: Javier Milei, Agustin Marcarian, Juan Luis Gonzalez, Gonzalez, Milei, Donald Trump, Beppe Grillo, Ayrton Ortiz, Sergio Massa, Patricia Bullrich, MURRAY, MILTON, ROBERT AND LUCAS Milei, Karina, Conan, Murray, Milton, Robert, Lucas, Milton Friedman, Eduardo Eurnekian, Fernando Cerimedo, Fernando Morra, Valentina Brites, Javier, Anna, Catherine Brigida, Eliana Raszewksi, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Argentine, La Libertad Avanza, REUTERS, American, Peronist, Forces, Libertad Avanza, Reuters, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, Argentine, Candelaria

☆ Tesla’s Price Cuts to Weigh on Third-Quarter Earnings
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. EVs have become computers on wheels. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalChief Executive Elon Musk is under pressure to show investors that he can keep Tesla ’s profit machine humming, after a disappointing third quarter in which its sales momentum slowed despite steep price cuts. The electric-car pioneer is set to report financial results for the July-to-September period after the markets close Wednesday.

Persons: Joanna Stern, Annie Zhao, Elon Musk, Tesla Organizations: Street

☆ Australia antitrust watchdog to oversee domestic air travel sector
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

A Qantas plane takes off from Kingsford Smith International Airport, following the coronavirus outbreak, in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott Acquire Licensing RightsCompanies Qantas Airways Ltd FollowSYDNEY, Oct 18 (Reuters) - Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by national carrier Qantas, which is under scrutiny for alleged anti-competitive behaviour. The Australian Competition and Consumer Commission (ACCC) will monitor prices, costs and profits in the domestic air passenger sector, according to a joint statement from Treasurer Jim Chalmers and Transport Minister Catherine King on Wednesday. "A competitive airline industry helps to put downward pressure on prices and deliver more choice for Australians facing cost-of-living pressures," the statement said. "ACCC market scrutiny will help ensure airlines compete on their merits, bring to light any inappropriate market conduct should it occur, and provide continued transparency at a time when new and expanding airlines are still trying to establish themselves."

Persons: Loren Elliott, Jim Chalmers, Catherine King, Alan Joyce, Lewis Jackson, Muralikumar Organizations: Qantas, Kingsford Smith International, REUTERS, Rights Companies Qantas Airways Ltd, SYDNEY, Australian Competition, Consumer Commission, Transport, Qatar Airways, Thomson Locations: Sydney, Australia

☆ Tesla’s Earnings Fall as Price Cuts Weigh on Profits
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. EVs have become computers on wheels. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalTesla ’s profit tumbled 44% in the third quarter as the impact of steep price cuts across the company’s lineup continued to take a toll on the electric-car maker’s bottom line. Revenue was up 9% to $23.4 billion, lifted by higher vehicle deliveries compared to the same year-ago quarter.

Persons: Joanna Stern, Annie Zhao, Tesla Organizations: Revenue

☆ China's commerce minister meets with Apple's Tim Cook in Beijing
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: 1 min

Apple CEO Tim Cook gestures at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsBEIJING, Oct 18 (Reuters) - China's commerce minister Wang Wentao met with Apple's Chief Executive Tim Cook in Beijing on Wednesday, according to a statement by the Chinese commerce ministry. They discussed Apple's development in China and also the Sino-US trade relationship, the statement said. China will firmly promote high-level opening up and continue to expand market access, the ministry statement quoted Wang as saying, adding that China welcomes multinational companies including Apple to achieve win-win development. Reporting by Beijing newsroom; Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Tim Cook, Loren Elliott, Wang Wentao, Wang, Alexandra Hudson Organizations: Apple, Developers, REUTERS, Rights, Apple's, Beijing, Alexandra Hudson Our, Thomson Locations: Cupertino , California, U.S, Rights BEIJING, Beijing, China

Meanwhile, parents and experts say schools neglect students with math disabilities like dyscalculia, which affects up to 7% of the population and often coexists with dyslexia. Learning struggles for some may be due to dyscalculia or other math learning disabilities, yet few teachers report their students have been screened for dyscalculia. Experts say learning the most effective methods for teaching students with math disabilities could strengthen math instruction for all students. Part of the problem is that teachers don’t receive the training needed to work with children with math disabilities. “It’s pretty rare for undergraduate degrees or even master’s degrees to focus on math learning disabilities with any level of breadth, depth, quality or rigor,” said Amelia Malone, director of research and innovation at the National Center for Learning Disabilities.

Persons: Laura Jackson, ” Jackson, Jackson, ’ ” Jackson, “ There’s, Karen Wilson, it’s, ”, Sandra Elliott, Young, dyscalculia, that’s, Lynn Fuchs, don’t, “, Amelia Malone, Heather Brand, —, Malone, screeners, “ It’s Organizations: Associated Press, Christian Science Monitor, Dallas Morning News, Idaho Education, Courier, The Seattle Times, ___ Nationwide, ”, dyscalculia, Teachers, Vanderbilt University ., National Center for Learning, National Center for Learning Disabilities, New, Carnegie Corporation of New, AP Locations: Idaho, South Carolina, ”, U.S, Seattle, Virginia, New York City, Carnegie Corporation of New York

The Eagles (5-1) got one more chance to win when they got the ball back, but the defense stiffened — as it had all game. Hurts finished 28 of 45 for 280 yards and one touchdown but had three picks against a Jets defense that was missing starting cornerbacks Sauce Gardner and D.J. By rule, only the player who lost the ball could recover the forward fumble in the end zone, so it was ruled that it was the Jets' ball on the 1. The Eagles took advantage of some poor tackling by the Jets in the second quarter. Jets: Rookie RG Joe Tippmann didn't come back after injuring his right thigh on the first play of the second quarter.

Persons: — Breece, Tony Adams, Jalen, Philadelphia —, Zach Wilson, Randall Cobb, DeVonta Smith, Wilson, Gardner, D.J, Reed, Greg Zuerlein, Adams, Bryce Hall, Quinnen Williams, Quincy Williams, D'Andre Swift, Brown corralled, Robert Saleh, Brown, Jake Elliott, —, C.J, Mosley, Swift, RODGERS, Aaron Rodgers, Sauce Gardner, Woody Johnson, Travis Kelce —, Taylor Swift, Jason Kelce, Lane Johnson, didn't, Jack Driscoll, Eli Ricks, Reed Blankenship, Joe Tippmann didn't, Wes Schweitzer, ___ Organizations: —, New York Jets, Philadelphia Eagles, Jets, Eagles, Philadelphia, Adams, MetLife, NFL, New, Kansas City, Lazard . Jets, Miami Dolphins, Giants Locations: RUTHERFORD, N.J, New York

☆ Jamie Foxx plays attorney Willie Gary in new movie "The Burial." Ex-clients say the real lawyer is a creep who screwed them out of millions.
▼ + stars: | 2023-10-14 | by ( Jack Newsham | ) www.businessinsider.com time to read: +16 min

"The Burial" stars Jamie Foxx as real-life lawyer Willie Gary, who won a $500 million case in 1995. Elliott isn't the only ex-client of Willie Gary and his firm, Gary Williams Parenti Watson & Gary, to be angry about how she was treated. Lawyer Willie Gary poses for a selfie with a guest at a screening of "The Burial." Attorney Willie Gary and his client Don King speaking to the press in 2005. She has so far managed to seize $102,000 from an account the Gary firm had with Truist.

Persons: Jamie Foxx, Willie Gary, Gary —, —, Gary, Ernestine Elliott, Ford —, Elliott, Elliott isn't, Gary Williams Parenti Watson, Tommy Lee Jones, Luisa Esposito, Grant Halverson, Willie Gary's, Willie, couldn't, Jeremiah O'Keefe, O'Keefe, Loewen couldn't, Loewen, Gary Parenti, Don King, Jim McIsaac, Ford, schemed, he'd, Gary's cocounsels, Lawrence Fox, Fox, Bruce Green, Green, Gary didn't, Sharron Mangum, Mr, Mangum, Marietta Goodman, Coke, Jillian Nedd, Nedd, Ardria Clark, Tamesha Marshall, Pharr, Clark, Marshall, Ray Rogers, He's, leafleted, Rogers, Willie Lewis, Troy Fulks Jr, Fulks, Lewis, Esposito, she'd, didn't, Justice II, hasn't, Gary's, Debra Sweeting, it's, Sweeting, we're, Variety Organizations: Service, Disney, Nissan, Hollywood, reneging, Gary Parenti Facebook, Anheuser, Busch, Yorker, Group, New Yorker, Fordham, Cola, Coke, FBI, Gary, Florida Bar Association, Palm Beach Post, Florida Power, dimes, Finance Group, Wings, Justice, Boeing, Gary Foundation Locations: Georgia, Florida, Mississippi, New York City, New York, Palm Beach, Flint , Michigan, disbursements

Cheap, second-hand, and purloined weapons comprised Hamas’ deadly makeshift arsenal that fueled a devastating, multi-pronged attack on Israel over the weekend. CNN analyzed dozens of photos and videos of Hamas militants during the surprise assault to identify the weapons used to kill at least 1,200 people in Israel. In previous battles with Israel, Hamas was known to have fired rockets made of old water pipes, the researcher noted. BulldozersPhoto-illustration: CNN/Mohammed Fayq Abu Mostafa/ReutersSeveral experts who spoke to CNN emphasized the ad hoc nature of the Hamas attack. In some videos, Hamas militants can be seen driving Israel Defense Forces (IDF) vehicles and using Israeli weapons that were likely taken during the initial fighting.

Persons: presumedly, ”, Mike Lyons, Lyons, “, Oren Ziv, ” Lyons, John Spencer, toted, Stephen Biddle, “ It’s, they’re, Spencer, Saddam Hussein, “ They’re, Din, ” Ali Baraka, Frank McKenzie, Jack Guez, David Benson, ” Benson, Biddle, ” Spencer, Paragliders, Sean Elliott, ” Elliott, –, Mohammed Fayq Abu Mostafa, — Organizations: CNN, US State Department, US, Urban Warfare, Modern, Institute, ” AK, toted AK, Columbia University, Hamas ’ Telegram, AK, ” Rockets, Telegram Hamas, Israel’s, ’, Hamas, Hamas National Relations, US Central Command, Nova, Industry & Regulatory, Experimental Aircraft Association, Israel Defense Forces Locations: Israel, Iran, Gaza, Egypt, Soviet, West, Afghanistan, Iraq, Libya, British, Jihad, Lebanon, Russia, Kalashnikovs, Sderot, Kfar Aza, Beit Lahia, Palestinian, Spain

Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018. Rebuilding the London nickel contract is clearly very much work in progress. FIXING NICKELOthers, meanwhile, are looking to muscle into the LME's nickel price discovery domain. The Shanghai market also took a big collateral hit from the London turmoil, volumes on its nickel contract collapsing by 53% last year relative to 2021. The blow-out of the nickel contract and the resulting near-death experience of both brokers and exchange have sapped confidence in the historical market of last resort.

Persons: Simon Dawson, Elliott, Nicolas Aguzin, Matthew Chamberlain, hasn't, it's, Ireland's, Kirsten Donovan Organizations: London Metal Exchange, REUTERS, U.S, Elliott Associates, Jane, Trading, Hong Kong Exchanges, HK, Bloomberg, London, Global Commodities Holdings, Abaxx Commodities Exchange, Canadian, Technologies Inc, Shanghai Futures Exchange, EV, CME, Reuters, Thomson Locations: London, Britain, London's, China, Shanghai, U.S

☆ Australians to reject Indigenous Voice in referendum - final YouGov poll
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

More than 4 million people have already cast their ballot after early voting began on Oct. 2. With less than two days to go before voting day on Oct. 14, those opposed to the proposal lead the 'Yes' camp by 56% to 38%, according to the final poll by YouGov published on Thursday. "Our final poll indicates a sweeping ‘No’ victory – with nearing six in 10 voters intending to cast a ‘No’ vote," said Amir Daftari, YouGov Director of Polling and Academic research. Support for the referendum, the first since voters rejected a 1999 proposal to become a republic, has ebbed over the past few months. Supporters argue the Voice will bring progress for Indigenous Australians, while some opponents say enshrining one group in the constitution would be divisive.

Persons: Rita Wright, Loren Elliott, YouGov, Yougov, Amir Daftari, ”, Praveen Menon, Stephen Coates Organizations: Australian, REUTERS, Rights, Aboriginal, Indigenous, Thomson Locations: Sydney, Australia, Torres

☆ Australians to reject Indigenous Voice in referendum, final YouGov poll shows
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

More than 4 million people have already cast their ballot after early voting began on Oct. 2. "Our final poll indicates a sweeping ‘No’ victory – with nearing six in 10 voters intending to cast a ‘No’ vote," said Amir Daftari, YouGov Director of Polling and Academic research. Support for the referendum, the first since voters rejected a 1999 proposal to become a republic, has ebbed over the past few months. Supporters argue the Voice will bring progress for Indigenous Australians, while some opponents say enshrining one group in the constitution would be divisive. Referendums are difficult to pass in Australia, with only eight referendums being approved since it became a country in 1901.

☆ Israel-Hamas conflict: The risk premium has gone up, ANZ CEO says
▼ + stars: | 2023-10-11 | 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 EmailIsrael-Hamas conflict: The risk premium has gone up, ANZ CEO saysShayne Elliott, CEO of ANZ, says the impact of the Israel-Hamas conflict won't be linear but "geometric."

Persons: Shayne Elliott Organizations: Israel, ANZ Locations: Israel

☆ Nadal to play at Australian Open, says tournament director Tiley
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 18, 2023 Spain's Rafael Nadal in action during his second round match against Mackenzie Mcdonald of the U.S. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsOct 11 (Reuters) - Rafa Nadal will play at the Australian Open in January, tournament director Craig Tiley said on Wednesday, as the 37-year-old former world number one returns to the sport after undergoing hip surgery earlier this year. The Spaniard, who has won 22 Grand Slam titles, has been out of action since January after hurting his hip flexor in a second-round defeat at the Australian Open. He underwent surgery on a hip muscle in June and was expected to be sidelined for about five months. Tiley also said Australian Nick Kyrgios could return at the Melbourne Park Grand Slam after he underwent knee surgery in January and suffered wrist and foot issues in an injury-plagued 2023. Nadal has won the Australian Open twice, with his last victory coming in 2022 when he beat Russia's Daniil Medvedev and became the first man in the Open era to come back from two sets down in the final to win.

Persons: Spain's Rafael Nadal, Mackenzie Mcdonald, Loren Elliott, Rafa Nadal, Craig Tiley, Rafa, Tiley, He's, Nick Kyrgios, Nick's, Nadal, Novak Djokovic, Russia's Daniil Medvedev, Rohith Nair, Peter Rutherford Organizations: Melbourne, U.S, REUTERS, The, Thomson Locations: Melbourne, Australia, Bengaluru

☆ Here's a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. After reducing expenses to improve margins on its retail business, Jim said it's on the right track. Costco Wholesale (COST): Costco remains one of Jim's favorite stocks in the entire our entire portfolio. Ford Motor (F): Jim expressed confidence in Ford CEO Jim Farley, as the targeted United Auto Workers strike approaches the one-month mark. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, it's, Bausch, we're, We've, Coterra, Dupont, We're, Nelson Peltz, Peltz, Estee Lauder, Patience, Fabrizio Freda, Emerson, Jim Farley, Ford, Locker, Mary Dillon, GEHC, Vimal Kapur, Bruce Broussard, Broussard, he's, Eli Lilly, Lilly, Mark Zuckerberg, Morgan Stanley, Morgan Stanley's, James Gorman, Laxman Narasimhan, Elliott, Stanley Black, Decker, Piper, Wells Fargo, Wells, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Federal Trade, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Exxon Mobil, Natural Resources, Disney, ESPN, Hulu, Comcast, Emerson, National Instruments, Ford, United Auto Workers, Nike, GE Healthcare, Electric, GE, Honeywell International, Honeywell, Humana, Linde, LIN, Microsoft, Nvidia, Oracle, Alto Networks, cyberattacks, Palo Alto Networks, Procter & Gamble, Pioneer, Exxon, Constellation Brands, Elliott Management, FactSet, TJX, Marshalls, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: China, U.S, Maxx, Las Vegas, Boston, Macau, Asia

☆ Israel’s history suggests the clock is ticking for Netanyahu after Hamas attack failures
▼ + stars: | 2023-10-10 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +5 min

“Israeli history has taught us that each and every surprise and crisis led to the collapse of the government. This would have been a tall order in Netanyahu’s prime. But this invasion by Hamas, he says, would have been planned 12 to 18 months ago – when Netanyahu was in opposition. The miscalculation, he said, was that Hamas was after economic concessions, and a softening of Israel’s blockade on Gaza. Such has been the shock and anger over Hamas’ spectacular assault that Israeli voters may ben open to more extreme ideas.

Persons: CNN —, Benjamin Netanyahu, There’s “, ”, “ King Bibi ”, Bibi ”, –, Isaac Herzog, Netanyahu, “, Yair Lapid, “ It’s, it’s, Amit Segal, Golda Meir, Menachem Begin, Ehud Olmert, Yohanan Plesner, Sadat, We’re, It’s, Bibi, Israel, Plesner, he’s, Segal, ben Organizations: CNN, Security, Israel Channel, Israel Democracy Institute, Hamas, Nazi, Israel Defense Forces IDF Locations: Lebanon, Egypt, Syria, Israel, Yom Kippur, Gaza, “

SANTA CLARA, Calif. (AP) — The frustration from back-to-back playoff losses to San Francisco that both ended on odd plays turned to humiliation for the Dallas Cowboys. Hoping to prove themselves against a fellow NFC contender in a showdown against the 49ers, the Cowboys were run off the field almost from the start. The offense took more than a quarter to gain even a single first down and couldn't move the ball or protect it. Felt good about the preparation, felt good about everything honestly coming into this game and they beat us in every aspect.”It's now three straight wins in the series for San Francisco. They gave us their best shot tonight, and we get to learn from this and get better come playoff time.”___

Persons: “, Mike McCarthy, Dak Prescott, Tony Pollard, Prescott, KaVontae Turpin, San Francisco, Brock Purdy's, Prescott heaved, Tashaun, It's, Ezekiel Elliott, Dallas ’, Micah Parsons, ” Organizations: Dallas Cowboys, 49ers, Cowboys, Dallas, Super Bowl, San, Niners Locations: SANTA CLARA, Calif, San Francisco, Dallas, Arizona, New Orleans

☆ NFL roundup: Ja'Marr Chase, Bengals pull away from Cardinals
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Joe Rondone-USA TODAY Sports/ Acquire Licensing RightsOctober 9 - Joe Burrow threw three touchdown passes to Ja'Marr Chase to lead the Cincinnati Bengals past the Arizona Cardinals, 34-20, on Sunday in Glendale. Joshua Dobbs completed 15 of 32 passes for 166 yards and two touchdowns, but he threw his first two interceptions of the season for the Cardinals (1-4). Saints 34, Patriots 0Derek Carr threw two touchdown passes and New Orleans' defense forced three turnovers in a victory over New England in Foxborough, Mass. Ryan Tannehill completed 23 of 34 passes for 264 yards for Tennessee, but his last pass was intercepted with 10 seconds left. Pickett completed 18 of 32 passes for 224 yards while playing through a bone bruise in his left knee.

Persons: Ja'Marr Chase, Joe Rondone, Joe Burrow, Chase, Carl Pickens, Burrow, Evan McPherson, Cam Taylor, Britt, Joshua Dobbs, Marquise Brown, Derek Carr, Carr, Alvin Kamara, Tyrann Mathieu, Mac Jones, Jones, Bailey Zappe, Dallas Goedert, A.J, Brown, Jake Elliott's, Cooper Kupp, Matthew Stafford, Trevor Lawrence, Lawrence, Travis Etienne, Calvin Ridley, Josh Allen, Younghoe Koo, Dalton Schultz, Desmond Ridder, Ridder, Jared Goff, Goff, David Montgomery, Josh Reynolds, Bryce Young, Adam Thielen, Zack Moss, Anthony Richardson, Moss, Richardson, Ryan Tannehill, DeAndre Hopkins, De'Von Achane, Hill, Graham Gano, Raheem Mostert's, Achane, Kenny Pickett, George Pickens, T.J, Watt, Pickett, Pickens, Lamar Jackson, Justice Hill, Greg Zuerlein, Hall, Zach Wilson, Patrick Surtain, Russell Wilson, Quincy Williams, Bryce Hall scooping, Adam Trautman, Patrick Mahomes, Rashee Rice, Travis Kelce, Isiah Pacheco, Kirk Cousins, Jordan Addison Organizations: Cincinnati Bengals, Arizona Cardinals, State, Bengals, Steelers, Cincinnati, Cardinals, Saints, Patriots, New, NFL, Eagles, Rams, Philadelphia, Dallas, Jaguars, Bills, Jacksonville, Falcons, Texans, Atlanta, Houston, The Texans, Stroud, Lions, Panthers, Detroit, Carolina, Colts, Indianapolis, Tennessee, Dolphins, Giants, Miami, New York, Ravens, Pittsburgh, Baltimore, Justice, Jets, Broncos, Denver, Chiefs, Vikings, Kansas City, Minnesota, Thomson Locations: Glendale , Arizona, USA, Glendale, Ariz, New Orleans, New England, Foxborough, Los Angeles, Inglewood , Calif, Angeles, Buffalo, London, Tennessee, New, Miami Gardens, Fla, New York, Baltimore, Denver, Kansas, Minneapolis

☆ For U.S. investors seeking an edge in European soccer, the cheaper the better
▼ + stars: | 2023-10-08 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

This comes as deep-pocketed investors — from top U.S. private equity and venture capital firms to global rivals like sovereign wealth funds — have intensified competition. Meanwhile, more than one-third of the clubs in the so-called "Big Five" leagues in Europe are backed by U.S. investors, including private equity and venture capital firms. "These recent transactions have set a precedent in terms of club valuation but also prompted many owners to consider selling to [private equity]," according to an analyst report from PitchBook. Some firms, like Sixth Street Partners, have found different outlets into taking a stake in European soccer, particularly in Spain's LaLiga. The shift is happening as soccer clubs have been looking for fresh capital following the distress stemming from the earlier days of the Covid pandemic.

Persons: Liverpool's Curtis Jones, Charles Baker, PitchBook, Todd Boehly, English Premier League's, Elliott Management's, Lionel Messi Organizations: Premier League, King Power, U.S, Manchester United, Chelsea FC, Newcastle, Clearlake Capital, English Premier, English Premier League's Chelsea, Redbird Capital Partners, Italy's AC Milan, Sixth Street Partners, FC Barcelona, Fenway Sports Group, Liverpool FC, Dynasty Equity, English Premier League, Sheffield United Locations: Leicester, European, U.S, Europe, PitchBook, LaLiga, Spanish, Real Madrid's

Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition of the largest oil producer in Permian basin. So far, shareholders profited as the share price more than doubled since early 2021 when activist investors publicly pushed for changes. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building. "Investor pressure has decreased; they're backtracking... the big investors are enabling this," said climate investment group Follow This founder Mark van Baal. Privately, investors worried if Exxon bowed out of production, someone else would pick up the slack and nothing would be gained for shareholders or energy transfer.

Persons: Olaf Scholz, Exxon Mobil's, Jim Rossman, that's, Andrew Logan, tussles, Mark van Baal, Charlie Penner, Ceres, Logan, Marguerita Choy Organizations: Environmental, Exxon, Republique, New Global Financial, Big Oil, Energy, Natural Resources, Pioneer, Barclays, Oil, Public, International Energy Agency, Investors, Ancora, Holdings, Algonquin Power & Utilities, Elliott Investment Management, NRG Energy, Smart, Thomson Locations: Paris, France, BOSTON, Ukraine

☆ Apple's center of gravity is China, not Cupertino
▼ + stars: | 2023-10-06 | by ( Hasan Chowdhury | Huileng Tan | ) www.businessinsider.com time to read: +4 min

Apple might be headquartered in Cupertino but its heart is in China. AdvertisementAdvertisementApple's leadership may operate from the 175-acre, tree-covered campus in sunny Cupertino, California but, in reality, the company's center of gravity is in China. Roughly 95% of Apple products including iPhones, AirPods, Macs and iPads are reported to be made in China . And multiple media outlets reported that China had banned iPhones for government staffers, knocking its share price. Apple CEO Tim Cook likes to present the company's decades-long involvement with China as a cause for celebration.

Persons: —, Research, Tim Cook, Anshuman, Gene Munster, Jay Newman Organizations: Apple, CCP, Service, Hindustan Times, Deepwater Asset Management, Elliott Management, Huawei, China, Forum Locations: Cupertino, China, Cupertino , California, iPhones, India, Taiwan, Beijing

More than half of Chileans, 54% of respondents surveyed before the draft text was completed this week, plan on voting against the new constitution, according to pollster Cadem. The current proposal makes a grammatical change to a constitutional clause which abortion advocates already view as restrictive. But Lagos says this change, combined with another proposal that would define a child as any human being under the age of 18, could clear the way for more restrictive abortion laws. With abortion rights expanding across much of Latin America, the latest being Mexico and Argentina, supporters are worried that a right-wing resurgence in the region, could halt progress or see rights backslide. At a rally commemorating the global day of action for access to safe and legal abortion last week in Santiago, 26-year-old student Isadora Calderón told Reuters she felt abortion rights were being threatened by the current proposals.

Persons: SANTIAGO, pollster, Catalina, Teneo, Gabriel Boric, Antonio Barchiesi, Isadora Calderón, Calderón, Agustina Ramón Michel, Ramón Michel, Natalia Ramos Miranda, Lucinda Elliott, Alexander Villegas, Christian Plumb, Lincoln Organizations: Republican, Reuters, American, Thomson Locations: Catalina Lagos, Lagos, Latin America, Mexico, Argentina, Santiago, Argentine, Chile

☆ Jim Cramer sees a major catalyst ahead for Corona maker Constellation Brands stock
▼ + stars: | 2023-10-06 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +2 min

A potentially significant catalyst for Constellation Brands (STZ) stock is just a few weeks away, CNBC's Jim Cramer said Friday. "Elliott obviously… wants their stock higher," Cramer said on "Squawk on the Street." Elliott has "the ability to suggest things including perhaps maybe getting rid of some of the disappointing spirits business," said Cramer. The beer portfolio led by Modelo saw 11.8% year-over-year sales growth, while its wine-and-spirits division saw a 14% drop in revenue on an annual basis. The wine-and-spirits division has been a known weak spot for some time now, and Cramer has been advocating that Constellation sell it.

Persons: CNBC's Jim Cramer, Elliott, Cramer, Jim Cramer's Organizations: Modelo, Corona, Elliott Management, Constellation, CNBC, Constellation Brands, The Locations: U.S

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