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It is very premature, in my view, to think about or be talking about pausing our rate hikes. The news sent those stocks reliant on China for growth — Starbucks, Estee Lauder and Wynn Resorts, among many others — higher. Or bad news could just be bad news if weak data signals a recession ahead. And good news could be good news: for example, if China reopens and U.S. companies exposed to the region see a boost in demand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Companies Cronos Group Inc FollowOct 24 (Reuters) - The U.S. Securities and Exchange Commission has charged Canadian cannabis company Cronos Group Inc (CRON.TO) and its former chief commercial officer with accounting fraud, the regulator said on Monday. Cronos and the former executive, William Hilson, offered to settle the matter, without admitting or denying the SEC's findings, by agreeing to cease and desist from future violations of the charged provisions, the SEC said. The SEC said it decided against a financial penalty for the company given "its timely self-reporting, significant cooperation, and remediation." Register now for FREE unlimited access to Reuters.com RegisterReporting by Eric Beech in Washington and Ismail Shakil in Ottawa, Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.
A former Los Angeles Angels baseball executive was sentenced to 22 years in prison Tuesday after he was convicted of providing fentanyl-laced pills that contributed to the death of pitcher Tyler Skaggs. "We are very grateful to everyone who worked so hard to investigate and prosecute Eric Kay," Skaggs' family said in a statement. Los Angeles Angels starting pitcher Tyler Skaggs throws during the second inning of the game against the Oakland Athletics on June 6, 2019, in Anaheim, Calif. Mark J. Terrill / AP fileCody L. Cofer, Kay's attorney, said the former Major League Baseball executive will appeal. They said the executive dealt pills, including the "blue boys" that contributed to Skaggs' death, to multiple players at Angel Stadium. "One fentanyl pill can kill," the U.S. Attorney for the Northern District of Texas, Chad E. Meacham, said in a statement.
Here are the companies that are making headlines before the bell:Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. Levi Strauss (LEVI) – Levi Strauss took a 5.3% premarket hit after cutting its full-year sales and profit outlook. CVS Health (CVS) – CVS shares fell 5% in premarket trading, following a downgrade of one of its Aetna Medicare Advantage plans in annual ratings issued by the Centers for Medicare and Medicaid Services. Lyft (LYFT) – Lyft fell 2.6% in the premarket after RBC downgraded the ride-hailing service's stock to "sector perform" from "outperform." RBC said its driver supply analysis points to a less bullish outlook for Lyft and that competitor Uber (UBER) enjoys "structural advantages" over Lyft.
MLB roundup: Aaron Judge bashes No. 60 in Yanks' rally
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +10 min
Mets 7, Brewers 5Francisco Lindor's seventh-inning grand slam completed a comeback from a four-run deficit as visiting New York beat Milwaukee. Guardians 10, White Sox 7 (11 innings)Myles Straw delivered a two-run double in the 11th inning to spark visiting Cleveland over Chicago. Ketel Marte homered for the Diamondbacks, who won for the second time in their last 22 games at Los Angeles. Dennis Santana (3-8) recorded just one out and gave up three runs on three hits. Rockies starter Kyle Freeland (9-10) left after allowing three runs -- two earned -- on five hits over six innings.
But despite its popularity among individual users, Notion is eyeing large companies for growth, the company's chief product officer, Madhu Muthukumar, told Insider. And last week it announced new product updates meant to simplify Notion for IT administrators. "There's always been this set of folks who are using Notion to run their companies or run their teams," Muthukumar said. Notion is also rolling out new tools meant to allow IT administrators to manage their organization's Notion use, including by allowing certain company roles to create a Notion account for a new user. Notion's product lead, Birkan Icacan, told Insider that Notion had many more features like this in the works.
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