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☆ What’s on the far side of the moon? Here’s why scientists want to find out
▼ + stars: | 2024-05-03 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

“The far side of the moon is very different from the near side,” said Li Chunlai, China National Space Administration deputy chief designer. The Yutu-2 lunar rover took an image of the Chang'e-4 lunar probe on the far side of the moon on January 11, 2019. Far side mysteriesDespite years of orbital data and samples collected during six of the Apollo missions, scientists are still trying to answer key questions about the moon. Hector Retamal/AFP/Getty ImagesChang’e-6 is just one mission heading to the moon’s far side as NASA has plans to send robotic missions there as well. Cracking the lunar codeOne of the most fundamental questions that scientists have tried to answer is how the moon formed.

Persons: Von, hasn’t, ”, Li Chunlai, David Trone, Bill Nelson, ” Nelson, “ We’re, Pink Floyd, Renu Malhotra, Louise Foucar, we’ve, Noah Petro, Artemis III, “, ” Petro, Artemis, Malhotra, Brett Denevi, ” Denevi, Hector Retamal, Denevi, Aitken, “ it’s, CNN’s Wayne Chang Organizations: CNN, China National Space Administration, NASA, Louise Foucar Marshall Science Research, Planetary Sciences, University of Arizona, Apollo, Reconnaissance, Artemis, Soviet Union, Johns Hopkins, Getty Locations: China, Tucson, AFP, Hainan Province

The development throws up a major roadblock for Skydance, a movie studio that has been negotiating a complicated deal to merge with Paramount for months. Many Paramount investors have come out against that deal, saying it would enrich Shari Redstone, the company’s board chair, at the expense of other shareholders. The 30-day period for exclusive talks with a special committee of Paramount’s board expires at the end of Friday. The company could wait for Paramount to re-engage in negotiations, could make a higher bid or could walk away. The company is wary of being used by Paramount to drive up the price for another bidder.

Persons: Shari, David Ellison Organizations: Paramount, Hollywood, MTV, Nickelodeon, RedBird Capital Partners, Sony Pictures Entertainment, Apollo Global Management

☆ Meet the 37-year-old Apollo partner behind the $26 billion bid for Paramount
▼ + stars: | 2024-05-02 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +1 min

Skydance has been vying to buy Paramount. The private equity giant teamed up with Sony for a $26 billion bid. AdvertisementApollo Global Management and Sony have teamed up to buy Paramount for $26 billion, according to reports on Thursday. The all-cash offer has been submitted to Paramount's board, a person close to the negotiations confirmed to Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Skydance, Aaron Sobel, —, David Ellison, Larry Ellison Organizations: Paramount, Sony, Service, Global Management, Business, Skydance Media

☆ China’s Chang’e-6 moon probe stands by for launch as space race with US heats up
▼ + stars: | 2024-05-02 | by ( Simone Mccarthy | Marc Stewart | ) edition.cnn.com time to read: +6 min

China’s planned 53-day mission would see the Chang’e-6 lander touch down in a gaping crater on the moon’s far side, which never faces Earth. China became the first and only country to land on the moon’s far side during its 2019 Chang’e-4 mission. Ambitious missionThe Chang’e-6 probe will be a key test for China’s space capabilities in its effort to realize leader Xi Jinping’s “eternal dream” of building the country into a space power. This time, to communicate with Earth from the moon’s far side, Chang’e-6 must rely on the Queqiao-2 satellite, launched into lunar orbit in March. This time, China has said the Chang’e-6 mission will carry scientific instruments or payloads from France, Italy, Pakistan and the European Space Agency.

Persons: China’s, “, Ge Ping, Xi Jinping’s, James Head, Luo Yunfei, Bill Nelson, –, ” Nelson Organizations: Hong Kong CNN, China, Space Administration’s, of Lunar Exploration, Space Engineering, Brown University, China News Service, Luna, NASA, European Space Agency Locations: China, Hong Kong, Hainan, United States, Russia, Chang’e, India, Japan, Texas, France, Italy, Pakistan

☆ Japan’s ‘Moon Sniper’ returns images after third long, lunar night
▼ + stars: | 2024-05-02 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

Temperatures during the lunar night can plunge to minus 208 degrees Fahrenheit (minus 133 degrees Celsius), according to NASA. And Moon Sniper wasn’t expected to withstand even one lunar night, which is a period of darkness on the moon lasting about two weeks. Riding out the lunar nightThe mission team communicated with Moon Sniper on April 23 after the lander rode out its third lunar night. From JAXAIn addition to surviving the extreme cold of the lunar night, Moon Sniper has also endured the searing temperatures of the lunar day, which can reach 250 degrees Fahrenheit (121 degrees Celsius), according to NASA. On February 29, after seven days of operating, Odie went to sleep because it wasn’t intended to survive the lunar night.

Persons: CNN —, Smart, SLIM, ’, Moon, ”, Odysseus, Odie ”, Odie, “ Odie, Jack Fischer, Fischer, ” Fischer, “, I’m, Vikram, Artemis, Noah Petro, Artemis III, ” Petro Organizations: CNN, Japan Aerospace Exploration Agency, NASA, JAXA, Reconnaissance, Artemis, Apollo Locations: Japan, Houston, India, China

☆ Jim Cramer's thoughts on 5 stocks: Carvana, Etsy, Cigna, Wayfair, Trade Desk
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Carvana : Shares of the buying and selling online platform were soaring 35% on Thursday after a record first quarter. CEO Ernie Garcia realized, unlike Wall Street analysts had, that he was OK after getting the Apollo money, Jim Cramer said. Etsy : Shares of the online marketplace for handmade goods were sinking roughly 17% after an earnings miss. "That's all you needed" to push this stock lower, Cramer said.

Persons: Jim Cramer's, Ernie Garcia, Jim Cramer, He's, Josh Silverman, Cramer, Jefferies Organizations: CNBC, Club, Wall Street

Spokespeople for Paramount, Redstone's National Amusements, the special committee and Skydance declined to comment. Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar with the matter. Paramount Global shares jumped more than 12% on the news that Sony and Apollo submitted a letter formalizing its interest, earlier reported by The New York Times and Wall Street Journal. A $26 billion offer for Paramount Global values the company higher than the company's current $22 billion enterprise value. Redstone could also argue she's more comfortable with pushing forward at Paramount Global without a sale.

Persons: Skydance, hasn't, David Ellison's Skydance, Shari Redstone, It's, Redstone's, Bob Bakish Organizations: Paramount, Sony, Apollo, Skydance, RedBird Capital, KKR, Sony Pictures, Apollo Global Management, Paramount Global, The New York Times, Wall Street Journal, Hollywood, Matrix Asset Advisors, Aspen Sky Trust, Redstone Locations: Apollo

☆ Sony and Apollo offer $26 billion for Paramount: report
▼ + stars: | 2024-05-02 | by ( Paul Squire | Hayley Cuccinello | ) www.businessinsider.com time to read: +2 min

Sony and Apollo Global Management are reportedly bidding big for Paramount. AdvertisementSony and the private equity firm teamed up for an all-cash offer of $26 billion for Paramount Global, The Wall Street Journal reported on Thursday. Sony and Apollo's offer was nonbinding, according to the JournalApollo's bid comes after Paramount announced its CEO Bob Bakish was stepping down Monday. Apollo previously bid $11 billion for just Paramount's movie studio, the Wall Street Journal reported in March. Apollo partner Aaron Sobel co-signed the offer letter with Sony CEO Tony Vinciquerra, people familiar with the situation told the Journal.

Persons: Bob Bakish, They've, Hayley Cuccinello, Aaron Sobel, Tony Vinciquerra, Sobel, Lee Solomon, Shari Redstone hasn't Organizations: Sony, Apollo Global Management, Paramount, Paramount Global, Street, Skydance Media, RedBird Capital Partners, KKR, Apollo, Wall Street, Legendary Entertainment, Concord Music Group

Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar with the matter, a move that adds drama to an already chaotic deal making process. The nonbinding expression of interest, sent in a letter this week, comes as Paramount approaches an agreed-upon Friday deadline for the expiration of an exclusive negotiating period with Skydance, a Hollywood studio run by the tech scion David Ellison. Paramount has been in talks with Skydance for months, discussing a complicated transaction that would involve a merger and an investment from the private equity firm Redbird Capital Partners. The new, joint expression of interest would make Sony a significant majority and controlling shareholder and Apollo a minority shareholder. The proposed all-cash acquisition may appeal to Paramount shareholders who have come out against the Skydance deal over concerns it benefits the company’s controlling shareholder, Shari Redstone, at the expense of others.

Persons: David Ellison, Skydance, Shari Redstone Organizations: Sony Pictures Entertainment, Apollo Global Management, Paramount, Redbird Capital Partners, Sony Locations: Apollo

☆ What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
▼ + stars: | 2024-05-01 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Skydance Media and its largest private-equity backer RedBird Capital Partners have been wooing Paramount for the better part of a year. The Skydance consortium, including fellow Skydance investor KKR, submitted a revised offer on Sunday. The deal would be worth roughly $32 billion, according to the source, with the value of Paramount and its $15 billion in debt making up the lion's share. Here's what we know about the deal, how much Redstone would get, and what a new Paramount would look like. Keeping Paramount public sets the Skydance bid apart from Apollo's potential offer, according to one of the sources.

Persons: Bob Bakish, Shari Redstone's, Tom Cruise, Mario Gabelli, Bakish, Getty, Redstone's, David Ellison, Larry Ellison, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, Goldman, Skydance, Jeff Shell, Ben Affleck, Matt Damon's, Axel Springer Organizations: Skydance Media, RedBird Capital Partners, Paramount, KKR, Business, Ex, CNBC, Apple, New York Yankees, NFL, Bakish, CBS, MTV, Nickelodeon, ' Equity, Amazon Studios, Sony, Apollo, Wall Street Locations: Santa Monica , California, New York City, Skydance, RedBird

☆ Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal negotiations
▼ + stars: | 2024-04-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Read previewParamount's CEO Bob Bakish was ousted on Monday night, putting the entertainment giant one step closer to accepting a merger deal. The would-be buyer, film studio Skydance Media, is owned by David Ellison, son of billionaire Oracle founder Larry. An investor in Skydance since 2020, RedBird is the media company's largest shareholder other than the Ellison family. This story is available exclusively to Business Insider subscribers. "I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022.

Persons: —, Bob Bakish, David Ellison, Larry, RedBird, Ellison, Gerry Cardinale, Goldman Sachs, Jeff Shell, Skydance, " Cardinale, Goldman, Jon Winkelried, Gerry, Axel Springer Organizations: Service, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Paramount, KKR, Sony, TPG Locations: Skydance, RedBird

☆ Skydance Offers Paramount a Deal Sweetener: A $3 Billion Cash Infusion
▼ + stars: | 2024-04-29 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

With the fate of Paramount hanging in the balance, its leading suitor has just upped the ante. Skydance also offered to give Paramount shareholders a larger stake in the combined company than it had initially proposed. The vociferous pushback by investors, combined with the complicated nature of the transaction, means the Skydance deal could still fall apart, people familiar with the process said. Paramount has been in deal discussions with the movie studio Skydance for months, after Ms. Redstone decided late last year to consider a sale for her media empire. Since then, the company has entertained interest from suitors including Apollo, the private-equity giant, and Skydance, which is proposing a merger.

Persons: Skydance, Shari, Redstone Organizations: Paramount

☆ Shari Redstone is playing M&A war games with removal of Paramount CEO Bob Bakish
▼ + stars: | 2024-04-29 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

The decision to remove Bakish as CEO comes as Paramount Global closes in on a merger agreement with Skydance Media. A number of large common shareholders, including Gamco Investors, Ariel Investments, Matrix and Aspen Sky Trust have publicly criticized the deal, arguing it destroys value for common shareholders. Paramount Global shares jumped about 5% in premarket trading Monday. Typically, Paramount Global shareholders, such as Gabelli, would compare an offer to the standalone company's prospects — hence his comments about not seeing a sale at all. But by removing Bakish, Redstone and the Paramount Global board are now throwing the status quo into chaos.

Persons: Bob Bakish, CNBC's David Faber, Shari Redstone, David A, Skydance, Mario Gabelli, That's, —, Bakish Organizations: Paramount, CNBC, Paramount Global, Skydance Media, Gamco Investors, Ariel Investments, Aspen Sky Trust, National Amusements, Allen & Company Sun Valley, Grogan, Amusements, New York Post, Bloomberg, Street Journal, Skydance, Apollo Global, Sony, New York Times, Apollo, Foreign Investment, U.S, Communications, Charter Locations: Sun Valley , Idaho, U.S, United States

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ Paramount and Skydance inch closer to a merger as key hurdle looms
▼ + stars: | 2024-04-25 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone. The entertainment company will be valued at around $5 billion and merged with Paramount Global, said the people, who asked not to be named because the discussions are private. Three of the people said that Paramount Global was slow to open a data room to the Skydance consortium, which has slightly pushed back the timeline on a deal. Skydance plans to name Ellison as CEO of Paramount Global and former NBCUniversal CEO Jeff Shell as the president, said two of the people. Spokespeople for Apollo, the Paramount Global special committee, Paramount Global, and Skydance's consortium declined to comment.

Persons: National Amusements Shari Redstone, Shari Redstone, David Ellison's Skydance, Ellison, Jeff Shell, Bob Bakish, hasn't, Spokespeople Organizations: National Amusements, Allen, Co, Sun, Paramount Global, Skydance, Paramount, KKR, RedBird Capital Partners, Sony, Apollo Locations: Sun Valley , Idaho

☆ Millennials are a lot better off financially than you may realize
▼ + stars: | 2024-04-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how millennials have seen their wealth explode over the past few years. Millennials, the oft-maligned generation , are a lot better off financially than you might realize. A new report found millennials saw their wealth double from the end of 2019 through 2023, writes BI's Juliana Kaplan. Whatever the case, millennials' wealth can keep growing. The Department of Justice is investigating the consultancy for its past work advising opioid companies about how to boost their sales , The Wall Street Journal reported on Wednesday.

Persons: —, Iurii Garmash, Tyler Le, millennials, BI's Juliana Kaplan, Harry Potter fanfiction didn't, Millennials, Gen Xers, eyeing, Juliana Kaplan, Gen, Chelsea Jia Feng, Jamie Dimon, Devin Nunes, Mark Zuckerberg, they've, There's, Nathan Congleton, Blackstone, Donald Trump's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Studio, Getty, millennials, Slaven, The New York Times, Nvidia, Trump Media, House Republicans, Meta, Green, Getty Images Google, Apollo, KKR, Justice, Street, Wednesday, McKinsey, NFL, US Locations: That's, Chelsea, premarket, NBCU, New York, London

astead herndonLast year, the comedian was Roy Wood Jr., a veteran of “The Daily Show” on Comedy Central —archived recording (roy wood jr.) Happy to be here. I don’t think you can ignore anything that the American people are bringing to you. So I think that’s where it ain’t funny to a lot of people. And I think that’s what we’re — those are the only two things we’re armed with is either laughs or yelling. But now do you want the funny guy that’s going to be in control of your uterus?

Persons: astead herndon, Jon Stewart, Wanda Sykes, roy, Dark Brandon, Roy Wood Jr, astead herndon —, I’ll, I’m, Clarence Thomas, There’s, Trump, it’s, Donald Trump, —, Biden, ” I’m Astead, ”, Showtime ”, that’ll, astead herndon Really, It’ll, astead, Jim Messina, Joe Biden, Rupert Murdoch, That’s, Harry Styles, Don Lemon, Harris, Ron Klain, exoticize Joe Biden, Scranton Joe, we’re, you’re, Obama, herndon, we’ve, Bob Dole, that’s, George Floyd, They’re, what’s, Roy, Buddy, who’s, Trayvon Martin —, let’s, Ludacris, Kim Kardashian, Ray J, Kardashian, astead herndon Roy, he’s, Joe Biden’s, It’s, I’ve, He’s, George Lopez, they’re, astead herndon I’m, there’s, John Oliver — astead herndon, “, Sarah Palin, Tina Fey’s, Nikki Haley, ain’t, Haley, Nikki Haley can’t, donald, Ron “ DeSanctimonious, astead herndon It’s, who’ve, Obama Obama, Lock, Hillary’s, Marco, You’re, Little Marco, Karine Jean, Pierre, astead herndon That’s, Donald Trump’s, Stormy Daniels, Jonah Bromwich, haven’t, jonah bromwich You’ve, We’ve, Michael Cohen, David Pecker, don’t, Trump — jonah bromwich, He’ll, biden, astead herndon Joe Biden, Let’s, She’s Organizations: White, Super, Comedy, “, Disney, The New York Times, Showtime, astead herndon, Trump, Biden, Paramount, BET, Scranton, Republicans, Florida, M University, Black College, Republican, Democratic Party, Democratic, Democrat, RFK, Party, Tea Party, SNL, Democrats, Tower, National, ”, AMI, Trump — Locations: Washington , DC, France, America, ” I’m Astead Herndon, herndon, Scranton, Tallahassee, Birmingham , Alabama, Birmingham, astead herndon, South Carolina, CPAC, Palestine, Israel, Manhattan, Florida, Tampa, Pennsylvania

☆ Billionaire Columbia donor Leon Cooperman slams student protesters
▼ + stars: | 2024-04-23 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the university's campus. Unlike the megadonor Robert Kraft, Cooperman said he's not pulling his donations. AdvertisementThe Wall Street titan Leon Cooperman is the latest billionaire to weigh in on student protests over Israel's war in Gaza. But unlike the megadonor Robert Kraft, Cooperman said he'd continue to give to Columbia even as he trashed student demonstrators. Kraft said he'd continue to support the school's Kraft Center for Jewish Student Life, which is named after him.

Persons: Leon Cooperman, Robert Kraft, Cooperman, he's, —, he'd, Israel, Turkey —, Nemat, Shafik, Peace —, Goldman Sachs, Kraft, megadonors, Marc Rowan, Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Liz Magill Organizations: Service, CNBC, Columbia University, Columbia, Hamas, Capitol, — Columbia, Apartheid, Columbia Students, Justice, Jewish, Peace, New York City Police Department, Barnard College, Columbia Business School, Hunter College, Kraft, Patriots, school's Kraft Center for Jewish, Cooperman, Yale, New York University, Harvard, University of Pennsylvania Locations: Columbia, Gaza, Cooperman, Bronx, Israel, United States, Cyprus, Jordan, Turkey, Palestine

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since then, private-equity firms have poured $54.6 billion into sports, according to PitchBook data. And the field of potential investors is growing with Goldman Sachs helping rich clients invest in teams, which can drive up prices. AdvertisementLeagues also restrict PE investments, with some caps on the number of teams a firm can own stakes in or the ownership share a fund can hold. Scroll down to read about the private equity firms, listed alphabetically, that have been making the biggest moves in sports in recent years.

Persons: —, Josh Harris, Rob Walton, Carlyle, Ben, Blackstone, Goldman Sachs, Harris, Blackstone Group's David Blitzer, Lauren Leichtman, Arthur Levine, Sportico, RedBird, Gerry Cardinale, There's Organizations: Service, MLB, NBA, Business, Washington, Denver Broncos, Amazon, Sports, Ben Fund, Bluestone Equity Partners, GMF, Apollo Global Management, Blackstone Group's, Levine, Capital Partners, San Diego Wave, NFL Locations: downturns

☆ To my son, born in the climate crisis: These helpers changed the fate of the titi
▼ + stars: | 2024-04-22 | by ( Bill Weir | ) edition.cnn.com time to read: +10 min

As River Weir has grown, Bill has been collecting stories of hope, resilience and Earth repair to share with him. “I became really frustrated by the lack of transparency,” Charlie told me. And at an expo in 2006, the fate of the titis turned for the better when the Vargas family walked in. But when she needed $1.2 million to buy nearly 1,000 acres of neighboring ranchland, Chris needed to find more helpers. “It may take a day to cut a hectare of forest,” she told me as we hiked past her plantings and into a meticulous greenhouse.

Persons: Bill Weir’s, Mister Rogers, Weir, Bill, Bill Weir, ” Rosamira Guillen, ”, Rosamira Guillen, Julian Quinones, titi, Rosamira, Charlie Knowles, Richard Nixon’s, Charlie, Laurie Marker, “ I’m, “, Akiko Yamazaki, John Lukas – Charlie, WCN, Rosamina, ” Julian Quinones, Jane Goodall, Vargas, Kira, Chris Vargas, ‘, Steve Jobs, ” Chris, Chris, CNN Bill, Olivia Organizations: CNN, Wildlife Conservation Network, expos Locations: . Dear, South America, Colombia, Barranquilla, American, Namibia, Silicon Valley, ranchland

☆ As India heads to the polls, the pros name 8 top stocks to buy
▼ + stars: | 2024-04-19 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

"The stars have aligned for India in terms of demographics, population and market movements. Peeyush Mittal, portfolio manager at Matthews Asia, agrees with the consensus that Modi will win a majority once again — which would be a "non-event" for markets. Conrad Saldanha, portfolio manager at the Neuberger Berman Emerging Markets Equity Fund, agrees. Among the companies on his watch are power equipment player Bharat Heavy Electricals and engineering conglomerate Thermax , amid an expected expansion in power generation capacity. According to FactSet data, 24 of the 26 analysts covering the stock have a buy or overweight rating on it.

Persons: Narendra Modi, Neil Bahal, Peeyush Mittal, Modi, Mittal, Conrad Saldanha, Neuberger Berman, Bharat, Neuberger Berman's Saldanha, Saldanha Organizations: South, Bombay Stock Exchange, CNBC Pro, —, Matthews Asia, Reserve Bank of, India Fund, Neuberger, Markets Equity Fund, Cummins India, Investor, Bharat Electronics, ICICI, HDFC, IndusInd Bank, Apollo Locations: Hong Kong, India, Reserve Bank of India, Saldanha

☆ Paramount rallying on news of possible Apollo-Sony joint bid
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailParamount rallying on news of possible Apollo-Sony joint bidJim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the deal talks surrounding Paramount.

Persons: Jim Lebenthal Organizations: Paramount, Sony, Cerity Partners

☆ Stocks making the biggest moves premarket: Netflix, Paramount, Sunnova Energy & more
▼ + stars: | 2024-04-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Intuitive Surgical — Shares of the robotic surgery firm popped 3% after posting a first quarter earnings and revenue beat. Western Alliance — Shares slipped 2% after the firm missed earnings expectations in its latest quarter. Western Alliance reported earnings of $1.60 per share, while FactSet had estimated this at $1.64 per share. The company slightly missed revenue expectations, however, posting $20.20 billion, while analysts expected $20.41 billion. American Express — Shares slid 1.5% despite the financial services company posting a first-quarter earnings and revenue beat above FactSet estimates.

Persons: Ashley Helgans, Sephora, Shopify, Morgan Stanley, Wells, Biden, SLB, LSEG, FactSet, Proctor, Gamble, — CNBC's Hakyung, Jesse Pound, Samantha Subin Organizations: Jefferies, Netflix, Energy, Western, Western Alliance, Paramount, New York Times, Bloomberg, Sony Pictures Entertainment, Apollo Global Management, Skydance Media, Bentley Systems, Schneider Electric, American, American Express Locations: Canada, Wells, North America, — CNBC's Hakyung Kim, Tanana

☆ Stocks making the biggest moves midday: Ulta Beauty, Netflix, American Express, Ibotta and more
▼ + stars: | 2024-04-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. SLB reported $8.71 billion in revenue, just above the $8.69 billion projected by analysts, according to LSEG. However, SLB did report revenue in North America was down year over year. Ibotta — Shares of the technology company fell nearly 6% a day after Ibotta's initial public offering. Intuitive Surgical — Shares ticked down nearly 2% despite the company beating on the top and bottom lines in the first quarter.

Persons: Jefferies, Shopify, Morgan Stanley, SLB, —, Samantha Subin, Michelle Fox, Pia Singh, Jesse Pound Organizations: Netflix, FactSet, Revenue, American Express, Micro Computer, Paramount —, The New York Times, Bloomberg, Sony Pictures Entertainment, Apollo Global Management, PPG Industries Locations: Canada, North America

☆ Sony in Talks to Join a Bid to Buy Paramount
▼ + stars: | 2024-04-18 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Even as Paramount, the home of the “Top Gun” movie franchise and “SpongeBob SquarePants,” continues its talks to merge with another media company, Skydance, a new suitor has emerged. Sony Pictures Entertainment and Apollo Global Management, an investment firm, have been in discussions about teaming up for a joint bid to acquire Paramount, two people familiar with the situation said Thursday. The two companies have not submitted an official bid, as Paramount is still in exclusive conversations with Skydance, said the people, who were granted anonymity to discuss delicate negotiations. Apollo previously reached out to Paramount about buying the company for at least $26 billion, including debt. A joint bid with Sony would almost certainly reduce those concerns, adding operational experience and additional capital to Apollo’s already significant war chest.

Persons: SpongeBob, ”, Skydance, Paramount’s Organizations: Paramount, Sony Pictures Entertainment, Apollo Global Management, Sony Locations: Apollo’s

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