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The WGA won higher pay and residuals for its writers, provisions for minimum staff in television writers' rooms, and more, calling the agreement "exceptional." Advertisement"The conglomerates have the leverage," one TV agent put it. This model could lead to a show getting picked up, but it tended to use fewer writers than regular writers' rooms and pay them less. A third agent said some showrunners are grumbling that while mini-room writers' pay increased post-strike, studios kept the showrunners' pay the same. Marshall, an "Elsbeth" writer and WGA West board member, has been in three writers' rooms since the WGA contract took effect.
Persons: , ProdPro, There's, I've, Zoe Marshall, Marshall, We're, Christian Simonds, Reed Smith, Simonds, Rolling Stone, Jonathan Handel, Puck, Handel Organizations: Service, SAG, WGA, Business, Netflix, Warners, Paramount, Otis College of Art, Hollywood, WGA West, Google, Rolling, Entertainment
Once the obstetrician assessed the situation, I knew what she'd say before she said it: "We need to go to a C-section." I was certain I'd have a vaginal birth with no epidural. What I didn't expect was for my fourth C-section to be my best birth experience. Leading up to my fourth C-section, she and I dedicated a couple of sessions to processing the trauma from my earlier births so they'd have less of a hold on me going into the OR again. Whether it's through adoption, C-section, or vaginal birth, a child joining your life is every bit of magic and terror.
Persons: , I'd, I've, bewilderment Organizations: Service, Business Locations: United States
Oracle 's best week on the stock market since 2021 has bolstered Chairman Larry Ellison's net worth, briefly edging him past Amazon founder Jeff Bezos on Friday to become the world's second-richest person. Ellison's net worth reached $208.4 billion shortly after the market open, then fell to $199 billion, according to Forbes' real-time billionaires list. Bezos, who has claimed the title of world's second-richest person on and off over the years, is worth $205 billion. Bezos, 60, and Ellison, 80, are jockeying for the title of world's second-richest person three days after their companies forged a new partnership. "With Oracle Database to be able to run AWS, Microsoft and Google, is incredibly important," Ellison said on the call.
Persons: Larry Ellison's, Jeff Bezos, Forbes, Elon Musk, Ellison, Oracle, Jordan Novet, Ari Levy Organizations: Amazon, Oracle, Nvidia, Microsoft, Google Locations: Las Vegas
(This is CNBC Pro's live coverage of Friday's analyst calls and Wall Street chatter. A biotech stock and an energy company were among the names being talked about by analysts on Friday. — Sean Conlon 6:19 a.m.: Pivotal says buy TKO Group A competitive media landscape could mean gains for TKO Group , according to Pivotal Research Group. TKO Group shares are up nearly 41% year to date. TKO YTD mountain TKO in 2024 — Sean Conlon 5:49 a.m.: JPMorgan downgrades Moderna to underweight JPMorgan sees a rocky road ahead for Moderna .
Persons: Raymond James, Srini Pajjuri, — Sean Conlon, Jeffrey Wlodarczak, Jessica Fye, Fye, it's, Ameet, Thakkar, he's, Fred Imbert Organizations: CNBC, JPMorgan, Moderna, BMO Capital Markets, GE Vernova, ARM, Research, JPMorgan downgrades Moderna, Food and Drug Administration, BMO, GE, General, Gas Power, General Electric Locations: Thursday's
From e-commerce firm Amazon to pharmaceutical giant Eli Lilly , Morgan Stanley's top stocks to own for the next 12 months spans a wide array of sectors. The majority of Morgan Stanley's picks are tilted toward growth, with 67% of the picks meeting that classification. Here's a look at some of the stocks that Morgan Stanley says are worth owning over the next year. Amazon stock has added 23% in 2024. LLY YTD mountain Eli Lilly stock.
Persons: Eli Lilly, Morgan, Morgan Stanley's, Morgan Stanley, Brian Nowak's, Nowak, Terence Flynn's, Eli Lilly's, LLY, Flynn Organizations: Nasdaq, Dow Jones, Amazon, Pharma
Bitcoin is likely to reach at least one more all-time high by the end of this year, according to Standard Chartered. That's likely regardless of whether Vice President Kamala Harris or former President Donald Trump wins the presidential election this November – a variable that others have viewed as a make-or-break game changer for the industry since Trump threw his public support behind the industry this summer. "BTC will end 2024 at fresh all-time highs under either election outcome – [circa] $125,000 level under Trump or c.$75,000 level under Harris," he said. The firm maintains its view that bitcoin will reach the $200,000 level by the end of 2025, regardless of this year's election outcome. That's one reason so many are hoping the election could trigger some movement in bitcoin.
Persons: Bitcoin, Kamala Harris, Donald Trump, Trump, Harris, Geoff Kendrick, Joe Biden's, Elizabeth Warren, Gary Gensler, Biden, Kendrick, Michael Bloom Organizations: Chartered, BTC, Trump, Securities, Exchange, Democratic Locations: bitcoin
The bank raised its price target on MercadoLibre Thursday to $2,500 from $2,225, suggesting 22% upside from Wednesday's close. The bank increased its price target to $230 from $200, implying nearly 16% upside from Wednesday's close. Supino also lifted the firm's price target to $93 a share, reflecting about 33% upside from Wednesday's close. Analyst Adam Berlin lowered his 12-month price target to $29 from $34, implying 6% downside. The investment firm's price target of $159 implies more than 2% downside from Wednesday's close.
Persons: Robert Ford Aguilar, — Michelle Fox, Wells, Wells Fargo, Eric Luebchow, Luebchow, Lisa Kailai Han, Sean Conlon, Wolfe, Peter Supino, Supino, Samantha Subin, BofA, George Staphos, a.m, Adam Berlin, Berlin, IPG, — Sean Conlon, Bernstein, Mark Moerdler, — Lisa Kailai Han, Stifel, Simon Yarmak, Andrea Pistacchi, Brandt Montour, it's, Montour, Fred Imbert Organizations: CNBC, Barclays, Bank of America, Diageo, Mercado, Mobile, Sprint, Wolfe Research, UBS downgrades, UBS, billings, GM, Pfizer, Oracle, Simon Property, Property Group, SPG, U.S, New York Stock Exchange Locations: Brazil, Mercado Pago, Wells Fargo, Wells, Roku, Berlin, America, U.S
GM's new EV charging hubs look exactly like gas stations. The joint venture with EVgo will produce 400 new charging stalls nationwide. Improving the charging experience is key for EV adoption. Go to newsletter preferences Thanks for signing up! Several large hubs of roughly 20 fast chargers each are being installed in major metropolitan areas in Arizona, California, Florida, Georgia, Michigan, New York, and Texas, for a total of 400 new charging stalls.
Persons: , Wade Sheffer Organizations: EVgo, EV, Service, GM Energy, Business Locations: Arizona , California, Florida, Georgia, Michigan, New York, Texas
Microsoft told employees on Thursday that it has hired Carolina Dybeck Happe as its executive vice president and chief operations officer, reporting to CEO Satya Nadella. Dybeck Happe comes from GE, where she was senior vice president and chief financial officer from 2020 until September 2023. She will join Microsoft's senior leadership team alongside finance chief Amy Hood, cloud and AI engineering leader Scott Guthrie and other executives. GE CEO Larry Culp called Dybeck Happe "a high-impact executive" when GE announced in 2019 that it had picked Dybeck Happe to replace Jamie Miller as chief financial officer. Before that, she spent almost 17 years at Swedish lock company Assa Abloy, where she became chief financial officer and deputy CEO.
Persons: Carolina Dybeck, Satya Nadella, Dybeck Happe, Microsoft's, Amy Hood, Scott Guthrie, Nadella, Dybeck, Rajesh Jha, Larry Culp, Jamie Miller, Kevin Turner, Gene Munster Organizations: Microsoft, GE, Microsoft Digital IT, Microsoft Business Operations, GE Aerospace, GE Vernova, New York Stock Exchange, Maersk, Walmart Locations: Carolina, Swedish
Seoul, South Korea CNN —South Korea has for decades been known as the world’s largest “baby exporter” – sending hundreds of thousands of children overseas after the country was ravaged by war and many mothers left destitute. Searching for their rootsMore than 200,000 South Korean children have been adopted overseas since the 1950s following World War II and the Korean War, according to authorities. While adoptions continue today, the trend has been declining since the 2010s after South Korea amended its adoption laws in an effort to address systematic issues and reduce the number of children adopted overseas. “It’s truly terrifying to hear how systemic these issues were, but I wouldn’t say it’s necessarily surprising,” said Susanné Seong-eun Bergsten, who was adopted from South Korea and grew up in Sweden. “There is still much about Korean adoption that has not been formally acknowledged.”
Persons: , adoptees, , Susanné Seong, Mark Zastrow, Bergsten Organizations: South Korea CNN, Commission, CNN, Korean Locations: Seoul, South Korea, Korea, Korean, Daegu, Sejong, United States, Australia, Norway, Denmark, Europe, It’s, Sweden, adoptees
The federal government and many state governments are passing laws and regulations designed to reduce our use of fossil fuels and increase renewable energy production. Now let's talk about energy production. Big picture, America's production of oil, natural gas, and renewables is growing with natural gas growing most of all. In 1950, natural gas was about 18% of total US energy production. As for oil, US domestic crude oil production has more than doubled since 2000.
Persons: Steve Ballmer, That's Organizations: Insider Studios, LA Clippers, US, Buildings, Transportation, Global Locations: United States, America, China, Russia, Ukraine, Venezuela
The AI boom is still in its infancy, following the path of the internet in the 1990s, BofA said. AI's impact will be felt sooner than past tech booms, the bank says. Skepticism about AI has mounted recently as investors get impatient to see AI returns. "Skeptics declare that GenAI's revenue potential doesn't justify the current level of AI infrastructure investment," the report says. On Tuesday, Morgan Stanley chief US equity strategist Mike Wilson said the AI investment theme has been "overcooked," and suggested investors should retreat into defensive stocks.
Persons: BofA, , Morgan Stanley, Mike Wilson Organizations: Service, Bank of America, ChatGPT
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaroline Ellison asks to avoid prison in upcoming sentencing tied to FTX collapse: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sergey Nazarov, co-founder of Chainlink, argues that 'crypto adoption is inevitable' and weighs in on whether U.S. politics are impacting crypto prices.
Persons: Caroline Ellison, explainers, Sergey Nazarov, Chainlink Organizations: CNBC Crypto, CNBC
Despite the increasingly partisan sentiment in the cryptocurrency industry, bitcoin will thrive over the long term regardless of who wins the U.S. presidential election in November. It helps that bitcoin became more institutionalized than ever this year with the introduction of U.S. bitcoin exchange traded funds. "If Trump wins in November, will there be an immediate pump? If Harris wins, could there be some immediate sell pressure? Although there are concerns thanks to the Biden administration's position on bitcoin, "I would remind investors ... that bitcoin did great," under the current adminustration, Lubka added.
Persons: That's, Donald Trump's, Steven Lubka, Bitcoin, Lubka, Kamala Harris, James Davies, bitcoin, " Davies, hasn't, Harris, Biden, Tyrone Ross, Trump, Bernstein, Swan Bitcoin, Elizabeth Warren, Gary Gensler, Organizations: U.S, Swan, Exchange, Investors, Conference, Republican, Trump, Securities Locations: United States, Japan, Nashville, bitcoin
Read previewHistorically, the US aircraft carrier fleet has been a showcase of American military superiority. "If all [China] wanted to do was protect [its] coastline, which is what they did for a long time, they wouldn't need aircraft carriers. He predicted that the US would see Chinese carriers operating off the coasts of California and Mexico within a decade. Russia's only aging aircraft carrier, the Adm. Kuznetsov, has been in service-life-extension overhaul since 2017. "Aircraft carriers exist because airplanes are useful.
Persons: , Gerald R, J, Michael Dahm, Peter W, Singer, Bryan McGrath, McGrath, Dwight D, Eisenhower, Kuznetsov Organizations: Service, US, Navy, Business, Nimitz, Ford, DefenseOne, Sandboxx News, Hamas, Carrier, Aircraft, Sandboxx Locations: Spain, Turkey, South Korea, China, Fujian, Liaoning, Philippines, Thailand, Japan, Korea, Australia, Israel, Gaza, California, Mexico
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServiceNow AI agents work with each other and humans, says CEO Bill McDermottServiceNow Chairman and CEO Bill McDermott joins 'Closing Bell Overtime' to talk AI adoption, its stock hitting an all-time high and more.
Persons: Bill McDermott ServiceNow, Bill McDermott
SAN JUAN, Puerto Rico — The U.S. government has temporarily halted a plan to remove iconic stray cats that live in a historic district in Puerto Rico’s capital until a lawsuit opposing the project is resolved, a nonprofit announced Monday. The ruling was cheered by those fighting a decision by the U.S. National Park Service to remove an estimated 200 cats that meander a seaside fortress that Spain built in colonial times. It’s part of the San Juan National Historic Site that the U.S. National Park Service operates. The U.S. National Park Service didn’t immediately respond to a message for comment. Aronoff said in a phone interview that removing the current cats is an impossible task since new cats would take their place.
Persons: , , Yonaton Aronoff, El, Aronoff, “ They’re Organizations: JUAN, Puerto Rico —, U.S . National Park Service, San Juan, Historic, U.S, National Park Service, Cat, National Environmental, NBC Locations: Puerto Rico, Puerto Rico — The U.S, Puerto Rico’s, Spain, Maryland, Old San Juan, El Morro, U.S
"Only Murders In The Building" star Selena Gomez revealed that her ongoing health issues make it dangerous for her to carry her own children should she plan to have them. Gomez said her chronic health issues, which include a lupus diagnosis she has shared publicly, make it risky for her to carry a baby to term. "I haven’t ever said this but I unfortunately can’t carry my own children," Gomez said. Gomez told Vanity Fair that while it's not the way she envisioned having children, she is in a "much better place" about the situation. She added that it doesn't matter how her children come into her life, because "it’ll be my baby.”
Persons: Selena Gomez, Emilia Pérez, Gomez, Benny Blanco, Howard Stern, ” Gomez, Lupus, it's, Organizations: Mayo Clinic, Lupus Foundation of America
CNN —Selena Gomez is speaking candidly about what her path to parenthood may look like. I have a lot of medical issues that would put my life and the baby’s in jeopardy. I’m excited for what that journey will look like, but it’ll look a little different.”At the end of the day, she said, it doesn’t matter how it happens because “it’ll be mine. In 2017, Gomez shared that the condition led to her undergo a kidney transplant, donated by her friend, actress Francia Raisa. Gomez chronicled her health struggles in her 2022 documentary “My Mind & Me.”
Persons: CNN — Selena Gomez, , ” Gomez, Gomez, “ It’s, , Francia Raisa Organizations: CNN, Lupus Foundation of America
Data analytics and decision-makingIn the digital economy, data is gold. Those organizations that leverage data and data analytics well can improve the customer experience and move out in front of competitors. With advancements in data analytics, companies can take advantage of real-time data processing, predictive analytics, and AI-powered analytics to make informed decisions quickly, Gilchrist said. AI, as neededYes, companies should continue to invest in AI solutions, but in many cases with a more discerning approach. "AI investments should focus on areas where automation, predictive analytics, or AI-driven insights can solve specific business problems or create new revenue streams."
Persons: Christopher Gilchrist, Forrester, Gilchrist, Janelle Hill, Hill Organizations: Gartner, IT, Investments
A Democratic group has released new audio of North Carolina Republican Lt. Gov. Mark Robinson, who is running for governor, saying he wants to get abortion restrictions down to “zero” weeks. Governor Mark Robinson accountable for his toxic record and dangerous agenda for North Carolina.” Robinson is running against Democratic Attorney General Josh Stein. Mark Robinson is pro-life because of the painful and difficult experience he and his wife had, and his faith. y supporting taxpayer-funded, late-term abortion on demand, Kamala Harris and Josh Stein are extreme and out of step with North Carolina voters.
Persons: Mark Robinson, Robinson, … I’m, Wade, ” Robinson, Josh Stein, “ We’ve, , I’m, ’ ”, , , That’s, ” Stein, ” Mike Lonergan, Kamala Harris, it’ll, ” Lonergan Organizations: Democratic, North Carolina Republican, Gov, Roe, NBC News, North Carolina Democratic Leadership Committee, Democratic Governors Association, NBC, North Carolina voters Locations: Troy, North Carolina, Greensboro, Iran
Over the past year, Wall Street's largest names — including Goldman Sachs , Bank of America , Morgan Stanley , Wells Fargo to JPMorgan Chase — ramped up their generative artificial intelligence efforts with the aim of boosting profits. MS YTD mountain Morgan Stanley YTD AI use cases for key businesses Morgan Stanley was among the first on Wall Street to publicly embrace the technology, unveiling two AI assistants for financial advisors powered by OpenAI. Launched in September 2023, the AI @ Morgan Stanley Assistant gives advisors and their staff quick answers to questions regarding the market, investment recommendations, and various internal processes. If it does, that would be welcome news for shareholders after Morgan Stanley's wealth segment missed analysts' revenue expectations in the second quarter . However, As long as these costs don't outweigh return on investment (ROI), we're happy with Wells Fargo and Morgan Stanley's moves to innovate.
Persons: Goldman Sachs, Morgan Stanley, Wells, JPMorgan Chase — ramped, Jamie Dimon, Alexandra Mousavizadeh, OpenAI's ChatGPT, Jeff McMillan, Morgan, McMillan, It's, Morgan Stanley's, Evident's Mousavizadeh, Banks, Mousavizadeh, Tracy Kerrins, Morgan Stanley's McMillan, He's, Morgan Stanley's OpenAI, Teresa Heitsenrether, Jim Cramer's, Jim Cramer, Jim Organizations: Bank of America, JPMorgan, Citi, Microsoft, Nvidia, OpenAI, CNBC, Google, Deutsche Bank, BNP, Mistral, TD Bank Group, Big, Wall, New York Stock Exchange, Bloomberg, Getty Locations: Wells Fargo, Silicon, management's, Wells, New York
Despite the potential downsides of AI adoption in the workplace, several workers told Business Insider that they're using AI tools to enhance their skill sets, productivity, and job performance. AI fears have led some people to embrace the technologyTricia LaRue said using AI tools like ChatGPT has helped her save time as a marketing professional. Meanwhile, others are "very resistant" to using AI, view it as "concerning and scary" and want to avoid using it for as long as possible. In addition to concerns about AI job replacement, Granger said the overall uncertainty of the AI future can stress out some workers. Mastering AI might not be the only way to protect oneselfSainag Nethala said using AI tools typically save him about 10 to 15 hours a week on work tasks.
Persons: , Gabrielle Gerbus, Jasper, ChatGPT, Gerbus, she's, Goldman Sachs, they're, Ben Granger, Tricia LaRue, Tricia LaRue Granger, Granger, It's, LaRue, Anchlia, Ankit, James Delage, Claude, Sainag Nethala, Sainag, Grammarly, Nethala, he's, I'm Organizations: Service, Business Locations: California, Missouri, Minnesota, Texas, Illinois
The planes replace aging widebodies and come with upgraded business and economy cabins. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVirgin Atlantic Airways has spent $17 billion to modernize its fleet and better compete with other airlines across the Atlantic. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Virgin Atlantic Airways, Airbus, Service, Business
China halts foreign adoptions of its children
  + stars: | 2024-09-05 | by ( The Associated Press | ) www.nbcnews.com   time to read: +1 min
BEIJING — The Chinese government is no longer allowing foreign adoptions of the country’s children, a spokesperson said Thursday. The only exception will be for blood relatives adopting a child or a stepchild, Foreign Ministry Spokesperson Mao Ning said. Many foreigners have adopted children from China over the decades, visiting the country to pick them up and then bringing them to a new home overseas. China suspended international adoptions during the COVID-19 pandemic. The government later resumed adoptions for children who had received travel authorization before the suspension in 2020, the U.S. State Department said in its latest annual report on adoptions.
Persons: Mao Ning, Greg Baker, Denmark’s Organizations: Foreign, U.S . State Department, State Department, NBC Asian Locations: BEIJING, China, U.S, NBC Asian America
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