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This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. Texas Senate Media ServicesThe Health Science Center did not comment on Parker’s plans for legislation. The Health Science Center suspended its body-donation program, fired the officials who led it and said it would stop accepting unclaimed bodies. The University of North Texas Health Science Center suspended its body-donation program and fired the officials who led it. Dallas County officials have said moving forward they won’t provide unclaimed bodies for research unless survivors choose to do so.

Persons: Sen, Tan Parker, Parker, “, ”, Andy North, Shelby Tauber, Alisa Simmons, Brenda Cloud, Victor Honey, Maddie McGarvey, NBC News Cloud, ” Cloud, ” Terrence Hayes, “ Mr, Honey, Al Sharpton, MSNBC’s, ” Sharpton, Thomas Champney, ” Champney, Eli Shupe, Tarrant, ” Shupe, Louisa Harvey, Michael Coleman, Michael, ” Harvey, Louisa Harvey ., Louisa Harvey Harvey, Harvey, she’s Organizations: NBC News, Republican, NBC, Fort, University of North Texas Health Science Center, Army, Texas, Media Services, Health Science Center, Dallas, Fort Worth National, U.S . Department of Veterans Affairs, Veterans, Health Science, University of Miami Miller School of Medicine, University of Texas Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, Mississippi, United States, Arlington

Ishiba, a straight-talking former defense minister, will take office on Tuesday when Prime Minister Fumio Kishida and his cabinet ministers resign and Ishiba is elected his successor by members of the LDP-controlled parliament. He is also contending with a complicated security environment in the Asia-Pacific region, where the U.S. has been strengthening ties with Japan and other allies in an effort to counter China’s growing power. After no candidate received a majority in the first round of voting, Ishiba won in a runoff against economic security minister Sanae Takaichi, 63, who would have been Japan’s first female prime minister. This was Ishiba’s fifth time running for party leader. In addition to being a realist, Ishiba is also an idealist who has never been tainted by scandal, Cucek said.

Persons: Shigeru Ishiba, Fumio Kishida, Ishiba, Hiro Komae, Kishida, Kishida “, ” Ishiba, Sanae Takaichi, Takaichi, ”, Michael Cucek, Cucek, ” Cucek, “, Lin Jian, Lin, Arata Yamamoto, Jennifer Jett Organizations: Liberal Democratic Party, LDP, Liberal Democratic Party’s, Getty, Temple University, NATO, U.S, Yasukuni, Foreign Ministry Locations: TOKYO, U.S, Ishiba, Asia, Pacific, Japan, North Korea, Tokyo, AFP, United States, Japanese, Tottori, South Korea, Philippines, Australia, China, Taiwan, Beijing, East Asia, Phuket, Thailand

☆ U.S. Coast Guard watching uptick in Russian, Chinese navy activity near Alaska
▼ + stars: | 2024-09-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

TAIPEI — The U.S. Coast Guard is watching an “uptick” in Chinese and Russian navy activity around Alaska and the northern Pacific but encounters to date have been very professional, a senior commander said on Friday. “Russian naval vessels, certainly we’ve seen an uptick in their presence in that particular region. And then what we also see is an uptick in PLAN, the PRC Navy, and the Russian navy working together in that region,” he said, referring to the People’s Republic of China. Tiongson said the U.S. Coast Guard had not been asked to provide escort to Philippine vessels, but had been advising and assisting in other ways. “So when I say advise and assist, we provide to the Philippine coast guard and to others is what we would do in this situation.

Persons: Andrew J, Tiongson, ” Tiongson, they’ll, ”, China’s, Thomas Shoal Organizations: The U.S . Coast Guard, U.S . Coast Guard Pacific Area, PRC Navy, U.S, U.S . Coast Guard, China’s Coast Guard Locations: TAIPEI, The U.S, Russian, Alaska, U.S, Japan, Russia, People’s Republic of China, Canada, Philippines, South China, Philippine

Hurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Damage is exponential as wind speed increases, meaning a strong Category 3 storm could do up to 60 times as much damage as a weak Category 1 storm. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene Organizations: Hurricanes, Simpson Locations: Perry , Florida, Big Bend, “

Destruction in a area targeted by Israeli airstrikes in Lebanon's town of Saksakiyeh, on September 26, 2024. Mahmoud Zayyat/AFP/Getty ImagesIsrael said it is considering a US-led ceasefire proposal that would see a 21-day pause in fighting in Lebanon, as fears rise of a fully-fledged war between Israel and Hezbollah that risks escalating into a wider regional conflict. : President Joe Biden said the plan had been endorsed by the United States, Australia, Canada, the European Union, France, Germany, Italy, Japan, Saudi Arabia, the United Arab Emirates and Qatar. : Hezbollah has not yet commented on the proposed deal, and Lebanese caretaker Prime Minister Najib Mikati has denied reports of signing the framework for Lebanon. Media reports claimed earlier that Mikati signed a ceasefire proposal after meeting US Secretary of State Antony Blinken and envoy Amos Hochstein on the sidelines of the UN General Assembly.

Persons: Mahmoud Zayyat, Israel, Benjamin Netanyahu, Joe Biden, •, Najib Mikati, Mikati, Antony Blinken, Amos Hochstein, Netanyahu Organizations: Getty, United Nations General Assembly, European Union, United Arab, Media, UN, Assembly Locations: Lebanon's, Saksakiyeh, AFP, Lebanon, Israel, New York, United States, Australia, Canada, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates, Qatar

Destruction in a area targeted by Israeli airstrikes in Lebanon's town of Saksakiyeh, on September 26, 2024. Mahmoud Zayyat/AFP/Getty ImagesIsrael said it is considering a US-led ceasefire proposal that would see a 21-day pause in fighting in Lebanon, as fears rise of a fully-fledged war between Israel and Hezbollah that risks escalating into a wider regional conflict. • Has Hezbollah agreed? : Hezbollah has not yet commented on the proposed deal, and Lebanese caretaker Prime Minister Najib Mikati has denied reports of signing the framework for Lebanon. Media reports claimed earlier that Mikati signed a ceasefire proposal after meeting US Secretary of State Antony Blinken and envoy Amos Hochstein on the sidelines of the UN General Assembly.

☆ Dozens of children drown during Hindu festival in India
▼ + stars: | 2024-09-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

LUCKNOW, India — At least 46 people, most of them children, have drowned while bathing in rivers and ponds swollen by recent floods during the observance of a Hindu religious festival celebrated by millions in north India, authorities said Thursday. India has seen deadly stampedes during religious events in the past, but widespread drowning incidents during festivals are rare. Local media reported that some of the rivers and ponds in the state had been swollen by floods following heavy rains. Devotees were celebrating the annual festival of Jivitputrika Vrat, during which women fast for 24 hours and offer prayers for the well-being of their children. They also travel to rivers and ponds in their neighborhood to bathe, sometimes accompanied by their children.

Persons: Jivitputrika Vrat Locations: LUCKNOW, India, Bihar

A third of teens and young adults in the U.S. can’t afford or otherwise access menstrual products, according to new research from Children’s National Hospital in Washington, D.C. Some young people may skip school, sports or other social activities because of a lack of access to menstrual products. “This is impacting everyone.”Some states are passing legislation to increase access to menstrual products in schools. Are you able to access tampons or pads? “Just like toilet paper is readily available in all restrooms, we’d love to see improved access to free menstrual products everywhere.”

Persons: —, ”, Monika Goyal, Goyal, they’d, what’s, Shelby Davies, Davies, ” Davies, “, Meleah Boyle, ” Boyle, pediatricians, ” Goyal Organizations: Children’s National Hospital, Washington , D.C, Center, Children’s, American Academy of Pediatrics, National, Children’s Hospital of Philadelphia Locations: U.S, Washington ,, Orlando , Florida, Minnesota, Alabama , California , Colorado , Illinois, Maine, Maryland, New Mexico

A Trump campaign spokesperson referred questions about the agreement and Trump's involvement in the business endeavor to the Trump Organization. "Trump Watches are not designed, manufactured, distributed or sold by Donald J. Trump, The Trump Organization or any of their respective affiliates or principals," the website said. The website's FAQ section highlights the question, "Are these official watches by President Trump?" "These are only official Watches offered by President Trump and includes a replica of his famous signature!" Trump has promoted $60 branded Bibles in partnership with country music artist Lee Greenwood, and Trump family members have also launched a crypto platform.

Persons: WASHINGTON —, Donald Trump, Trump, Donald J, President Trump, Harris, Ammar Moussa, Trump’s, “ Donald Trump, “, Lee Greenwood Organizations: WASHINGTON, White, Trump Organization, TheBestWatchesonEarth, The Trump Organization, Trump Locations: Swiss

Taylor County expects to take a direct hit from the Category 4 storm, which is expected to make landfall Thursday night. Taylor County, in northern Florida near the Big Bend region, is home to 20,000 residents, Padgett said. Follow here for live updatesAs in other spots in Florida, mandatory evacuations were ordered for Taylor County, but Padgett estimated that as much as half of his population is choosing to stay put. Uber has offered to take Taylor County residents to shelters outside the county, Padgett said. Helene is the third major storm within a year for Taylor County, Padgett said, "But we're going to endure.

Persons: PERRY, Helene, Mark, Sheriff Wayne Padgett, Padgett, It's, We've, I've, ” Padgett, Uber Organizations: Sheriff, Taylor County Locations: Fla, Taylor, Taylor County, Florida, Bend

☆ A 37-year-old nurse got unusually short of breath on a hike. She had stage 4 lung cancer.
▼ + stars: | 2024-09-27 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +6 min

Lung cancer is rare in people under 45, but more women who have never smoked are developing the disease. She was young, healthy, and never smoked so was shocked when she was diagnosed with lung cancer. Although CDC data suggests rates of cigarette smoking, which is the leading risk factor for lung cancer in the US, have declined significantly over the last few decades, rates of non-smokers getting lung cancer are rising. Doctors quickly identified she had stage four, non-small cell lung cancer, which had spread to her pelvis, right femur, and cervical spine. She and her husband started Ten for Ten Million to raise funds for research at the MD Anderson Cancer Center.

Persons: Tiffany Job, —, wouldn't, Job, KLC Lung, she'd, KLC Organizations: Service, American Cancer Society, CDC, Oncology, University of Texas, Anderson Cancer Center, cramp Locations: Texas

☆ Dominick Dunne, the crime journalist central to Netflix's drama "Monsters: The Lyle and Erik Menendez Story," had a life worthy of a biopic. Here's what to know.
▼ + stars: | 2024-09-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +7 min

Former Vanity Fair reporter Dominick Dunne is central to "Monsters: The Lyle and Erik Menendez Story." Dunne's theories about the Menendez brothers' motives are featured in the series. Dominique Dunne was Dunne's youngest child, and her death turned him into a crime reporterValerie Harper and Dominique Dunne in 1981. He covered several more high-profile cases on top of the Mendedez brothers' trial in 1993. "Monsters: The Lyle and Erik Menendez Story" is available to stream on Netflix.

Persons: Dominick Dunne, Lyle, Erik Menendez, Menendez, Dunne, —, Erik Menendez's, Ryan Murphy, Ian Brennan's, Kitty Menendez, Nathan Lane, wasn't, Tammi Menendez, Murphy, Joan VanderMolen, o7KEOEoYwr — Tammi Menendez, It's, Dominique Dunne, Valerie Harper, Lee Green, Ellen Griffin, Dunne's, Dominique, John Thomas Sweeney, Sweeney, Slate, Anthony Pellicano, Pellicano, Dominick, Jimi Celeste, Patrick McMullan, Phil Spector's, CourtTV, Dominick Dunne's Power Organizations: Service, Netflix, Variety, Business, American Broadcasting Companies, Getty Locations: Hollywood

☆ WeightWatchers' CEO embraced Ozempic. Now she's out of the company.
▼ + stars: | 2024-09-27 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

WeightWatchers' CEO of roughly two years, Sima Sistani, is out. AdvertisementIt's been a bumpy year for WW International, the company also known as WeightWatchers. In a leadership shake-up Friday, the weight-loss company announced CEO Sima Sistani is stepping down after roughly two years — effective immediately — and board member Tara Comonte is stepping up to serve as interim chief. Sistani helped push the company into the weight-loss drug space in 2023 through the $106 million acquisition of telehealth platform Sequence — which is now called WeightWatchers Clinic, and which prescribes weight-loss drugs like Ozempic and Wegovy. The telehealth purchase marked something of a pivot from the group support meetings and calorie-tracking menus WeightWatchers is known for, though the company also launched a behavioral program for patients on Ozempic.

Persons: WeightWatchers, Sima Sistani, —, It's, Tara Comonte, Sima, Thilo Semmelbauer, Sistani, haven't, Comonte, Oprah Winfrey Organizations: Service, WW International, WeightWatchers, WeightWatchers Clinic, CNN, Life Sciences, Shake, Business, Smithsonian's National Museum of

☆ 'Hellboy: The Crooked Man' has a gross transformation scene. It took 'a lot of rubber and a lot of lube' to make it work, the director said.
▼ + stars: | 2024-09-27 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

"Hellboy: The Crooked Man" is the character's latest reboot. Director Brian Taylor told Business Insider the scene needed "a lot of rubber and a lot of lube." Director Brian Taylor told Business Insider that he used "a lot of rubber and a lot of lube" to get it right. AdvertisementInstead, "Hellboy: The Crooked Man" takes a welcome, back-to-basics approach and leans closer to the horror genre than action and fantasy. Icon Film Distribution presents "Hellboy: The Crooked Man" in UK cinemas from 27 September.

Persons: Brian Taylor, —, Mike Mignola, Richard Corben, Jack Kesy, Martin Bassindale, Hellboy, David Harbour, Cora Fisher, Hannah Margetson, Fisher, Clive Barker, Taylor, Margetson Organizations: Business, Service, Millennium Media, Office

☆ 'Monsters' co-creator Ryan Murphy calls backlash from the Menendezes 'predictable at best.' It's not the first time he's upset families at the center of his true crime shows.
▼ + stars: | 2024-09-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Lyle Menendez and Erik Menendez killed their parents in 1989, but they have the support of family members. The first season of "Monster" was about Jeffrey Dahmer, and angered his victims' families. AdvertisementOnce again, Netflix's "Monsters" has angered the families at the center of the true crime show, but co-creator Ryan Murphy is standing firm. Lyle Menendez and Erik Menendez admitted to killing their parents during their first trial in 1993, arguing they acted in self-defense after years of abuse. Still, "Monster: The Jeffrey Dahmer Story" was nominated for 13 Emmys, and Netflix has already renewed the anthology for a third season.

Persons: Lyle Menendez, Erik Menendez, Ryan Murphy, Jeffrey Dahmer, —, Lyle, Menendez, Erik Menendez's, Tammi Menendez, Murphy, Dominick Dunne, Joan VanderMolen, o7KEOEoYwr — Tammi Menendez, Dunne, Ian Brennan, Steve Granitz, It's, Kim Kardashian, Cooper Koch, Evan Peters, Dahmer, Netflix Dahmer, Rita Isbell, Errol Lindsey, Netflix should've, Tatiana Banks, Lindsey's, show's, haven't, Thomas M, Jacobson, " Jacobson Organizations: Service, Netflix, Hollywood

☆ She was one of the only Black women in her engineering program. Now, this MIT grad is using dance to introduce a new generation to STEM
▼ + stars: | 2024-09-27 | by ( Meg Dunn | ) edition.cnn.com time to read: +4 min

“I think my parents’ careers in the STEM fields made it so that I always believed that I could also do something in STEM,” Toussaint said. While she had a love for math, the dance studio was her “home away from home,” she said. In 2012, she created STEM From Dance, a nonprofit program that integrates dance with STEM education to make these subjects more engaging and accessible. “When I first started the dance part, I really liked it,” recalled Myrtha Plaisime, 14, a STEM From Dance participant. CNN“That feeling that they get, we want them to remember that and … remember that they are celebrated for doing things in STEM,” Toussaint said.

Persons: New York CNN — Yamilée Toussaint, “, ” Toussaint, ”, CNN Hero Yamilée Toussaint —, CNN Hero Yamilée Toussaint — CNN “ It’s, Toussaint, Plaisime, Myrtha Plaisime, ‘, ’ ” Toussaint Organizations: New, New York CNN, CNN, CNN Hero Yamilée Toussaint — CNN, MIT Locations: New York, Brooklyn

☆ AI helps uncover hundreds of unknown ancient symbols hidden in Peru’s Nazca Desert
▼ + stars: | 2024-09-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —Archaeologists working in Peru, assisted by artificial intelligence, have discovered 303 previously unknown giant symbols carved in the Nazca Desert. A geoglyph of a humanoid with a headdress is one of the newly discovered symbols. Deciphering Nazca symbols’ purposeIt’s not clear why the Nazca people made the symbols. The bigger Nazca symbols were near networks of straight lines, squares and trapezoids etched into the earth. “Our findings suggest that their meaning is formed through their combinations,” he said, referring to the way the Nazca geoglyphs are grouped together.

Persons: headdresses, geoglyphs, “, Masato Sakai, IBM’s Thomas J, ”, ” Sakai, Amina Jambajantsan, Jambajantsan wasn’t, ” Jambajantsan, Sakai Organizations: CNN —, Yamagata University Institute of, Japan’s Yamagata University, Watson Research, Yamagata University Institute of Nasca, Max Planck Institute of Geoanthropology’s Department of Archaeology Locations: Peru, Peru’s, Yorktown Heights , New York, ”, Jena , Germany, Mongolia

☆ Sima Sistani, who embraced Ozempic, is out as CEO of WeightWatchers
▼ + stars: | 2024-09-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-year stint. “These medications have shown, and science has evolved to say, that living with obesity is a chronic condition. Winfrey joined the board in 2015 and bought a 10% stake, immediately giving the beleaguered company relevance. Tara Comonte, a WeightWatchers board member and a former CEO of Shake Shack, will become the interim CEO effective immediately, the company said in a release. Prior to joining the company in June 2023, she was the CEO of a fertility technology company.

Persons: Sima Sistani, ” Sistani, Oprah Winfrey, Winfrey, Tara Comonte, Comonte’s, ”, Thilo Semmelbauer Organizations: New, New York CNN, CNN, National Museum of, Shake Locations: New York

☆ Moo Deng now has her own crypto, because of course she does
▼ + stars: | 2024-09-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

Moo Deng crypto. Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago. (It should be noted that crypto traders suspect this anonymous Moo Deng booster is an “insider,” since they bought the coin four hours after its creation, per the crypto news site Decrypt. Moo Deng coin is just the latest product of a niche online culture that also birthed Dogecoin (created as a joke to dunk on bitcoin) and Shiba Inu coin (a joke to dunk on Dogecoin).

Persons: Moo Deng, it’s, Deng, Shiba Inu Organizations: New, New York CNN Locations: New York, Thai

☆ I quit my job because of an RTO mandate. I never want to work in an office again.
▼ + stars: | 2024-09-27 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

Jennifer Oliva quit her job after a return-to-office mandate in Fall 2021. AdvertisementThis as-told-to essay is based on a conversation with Jennifer Oliva, a 54-year-old who quit her job after receiving an RTO mandate. I was happier even though I was technically on the clock and logged in for more hours working from home. In November, I asked my boss again if I could work a hybrid schedule and only come into the office a few days a week. I work many more hours than when I worked my network TV job, even factoring in a commute, but I can spread out the work throughout the day.

Persons: Jennifer Oliva, —, I, I'd, I'm, Lauryn Haas Organizations: Service, lhaas Locations: New York City, Washington

☆ CNBC Daily Open: A high of all-time highs
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. All-time high, againMajor U.S. indexes rose on Thursday, with the S&P 500 notching a fresh closing high. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip. But 55% of respondents think Trump will be better for the economy and on inflation.

Persons: Europe's, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Harris, Kamala Harris, Donald Trump, Trump Organizations: CNBC, Major, Micron, Swiss National Bank, Treasury, U.S . Federal Reserve, Altman, U.S Locations: Major U.S, China

☆ Shohei Ohtani: 18-year-old files lawsuit over ownership of historic 50-50 ball, seeks to prevent auction
▼ + stars: | 2024-09-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —An 18-year-old has filed a lawsuit over the ownership of the ball Shohei Ohtani made baseball history with when he became the inaugural member of the 50-50 club. The ball had been put up for auction by auctioneers Goldin, with bids starting at $500,000 and collectors able to purchase it privately outright for $4.5 million. Both Belanski and Kelvin Ramirez indicated on social media that they intended to sell the ball, per the filing. In December 2002, a San Francisco judge ordered the two men to sell the ball and split the proceeds. The ball was eventually sold to comic book creator and producer Todd McFarlane who paid $450,000 for it.

Persons: Ohtani, auctioneers Goldin, Max Matus, Chris Belanski –, Goldin, Kelvin Ramirez, Matus, Max’s, Belanski, “, ” John Uustal, it’s, Max, ”, Ramirez, Barry Bonds, Alex Popov, Patrick Hayashi, Hayashi, Todd McFarlane Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Dodgers, Marlins, ” CNN Locations: Florida’s, Belanski’s, Matus, San Francisco

☆ Stock market today: Dow hits record high, stocks notch 3-week win streak ahead of key jobs report
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks were mixed Friday, with the Dow closing at a record high while the S&P 500 and Nasdaq edged lower. All three major averages achieved a three-week win streak as investors cheer a resilient economy and cooling inflation. Investors await key jobs data next week, including the September jobs report on Friday morning. But the main event is next Friday, when the September jobs report is released. AdvertisementAccording to Interactive Brokers senior economist José Torres, the jobs report could have a big impact on the broader market.

Persons: —, Dow Jones, Clark Bellin, José Torres, Torres Organizations: Dow, Nasdaq, Service, Fed, Labor, Survey, ADP, Interactive Locations: Here's

☆ One chipmaker is finally reaping the benefits of Nvidia's AI chip boom
▼ + stars: | 2024-09-27 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Micron surged over 15% after strong revenue and profit forecasts driven by AI spending. Other chip stocks also rallied on Thursday after Micron's revenue guidance. AdvertisementMicron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending. Micron projected its next quarter's revenues to be between $8.5 billion and $8.9 billion, above the $8.3 billion analysts anticipated. AdvertisementThe chipmaker's rosy forecast is a sign that it is another winner of the AI spending boom.

Persons: —, Sanjay Mehrotra, wasn't, Matt Bryson Organizations: Micron, Service, US, Nvidia, Samsung Electronics, SK Hynix, Tokyo Locations: HBM, South Korea

☆ Today's market is a 'bubble dream' with rate cuts, China inflating economy, Bank of America says
▼ + stars: | 2024-09-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Massive stimulus from central banks in the U.S., China and elsewhere is driving bubble-like stock returns and could head off a global recession, according to Bank of America. "It's the bubble dream," BofA chief investment strategist Michael Hartnett wrote in his weekly "Flow Show" breakdown of where investors are putting their money. "Fed slashing, oil crashing, China inflating ... and if this China stimulus don't work then geopolitical risks [are] going to soar." But while some indicators do point to a slowing in global growth, the abundant forecasts for recession have eased. "Fed cutting into recession is negative for risk assets, but Fed cutting with no recession is positive and investors firmly of view Fed + China is sufficient policy easing to short-circuit recession risk," Hartnett wrote.

Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Federal Reserve, People's Bank of China, Investors Locations: U.S, China

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