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☆ Here's how Iran's missile strikes could impact markets
▼ + stars: | 2024-10-01 | 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 EmailHere's how Iran's missile strikes could impact marketsStephen Stanley, chief economist at Santander, and Steve Sosnick, chief strategist at Interactive Brokers, join CNBC's 'The Exchange' to discuss the impact of the Iranian missile strikes on the markets.

Persons: Stephen Stanley, Steve Sosnick, CNBC's Organizations: Santander, Interactive Brokers

The lines crossed in the Paul Pelosi attack: 49% blamed political rhetoric, 40% said it was an isolated incident by a disturbed person, and 2% said both were a factor. And a greater share of respondents than ever said rhetoric was a contributor to the latest attempt on Trump’s life. The previous time the NBC News poll asked this question, Republican respondents called the Paul Pelosi attack an isolated incident by a 64%-25% margin. Independents narrowly said rhetoric was an important contributor, 48%-41%, while Democrats blamed rhetoric 74%-17%. This month, Republicans overwhelmingly said rhetoric was an important contributor to the assassination attempt against Trump, while Democrats shaded more narrowly in the other direction.

Persons: Donald Trump, Kamala Harris, Harris, “, Gabrielle Giffords, Steve Scalise, Paul Pelosi, Nancy Pelosi, Ryan Routh, Giffords Organizations: NBC, Republicans, Trump, Independents, NBC News Locations: Florida, Trump’s Florida

☆ No degree? No problem. Inside Blackstone's ambitious plans to internally grow talent for its data centers and other portfolio companies
▼ + stars: | 2024-09-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +10 min

It's launched an internal Data Center Academy to find and train candidates to fill the specialized technical positions that can be tricky to hire for. QTS's talent programs have led to 100 new, trained hires, or 8% of the company's total size. Here's how Blackstone's Career Pathways program is helping the firm solve its data center talent problem. So far, the firm has placed five Data Center Academy cohorts in eleven markets. Dawon said the Data Center Academy taught him both hard and soft skills, such as public speaking and the ability to navigate a corporate environment.

Persons: Blackstone, Dawon, —, Steve Schwarzman, It's, Blackstone's, Joe Baratta, Marcus Felder, Felder, it's, Jon Gray, QTS, they've, Kimberly Hines, Alhaji Dawon, hadn't Organizations: Service, Uptime Institute, Blackstone Infrastructure Partners, Blackstone Property Partners, Data Center Academy, Manhattan, Blackstone Investing, Blackstone, Business, Department of Defense, cybersecurity, QTS Locations: QTS, cybersecurity

☆ SpaceX launches half-empty spaceship so it can bring Boeing's astronaut crew home next year
▼ + stars: | 2024-09-28 | by ( Morgan Mcfall-Johnsen | Lauren Edmonds | ) www.businessinsider.com time to read: +8 min

SpaceX launched a half-empty Crew Dragon for two Boeing astronauts awaiting a trip home. AdvertisementSpaceX just launched a half-empty Crew Dragon spaceship into orbit for two astronauts who have been waiting for a trip home. Normally, Crew Dragon carries four astronauts to space at a time, but for the launch on Saturday, only two were aboard. Boeing's Starliner spacecraft docked to the International Space Station, as seen from a window on a SpaceX Crew Dragon. Astronauts left behindMeanwhile, two NASA astronauts who were supposed to be part of the Crew-9 mission had to stay behind.

Persons: —, Dragon, It's, Nick Hague, Aleksandr Gorbunov, Butch Wilmore, Suni Williams, Williams, Wilmore, Starliner, NASA Wilmore, NASA What's, Elon Musk, bTXWAfxfrh — Elon, uncrewed, Steve Stich, we'd, " Stich, Zena Cardman, Stephanie Wilson, Cardman, NASA's, Wilson, Hague Organizations: SpaceX, Boeing, NASA, Service, International, ISS, Starliner, Astronauts, Hague Locations: New Mexico, SpaceNews, Gorbunov

☆ SpaceX set to launch mission that will bring home Starliner astronauts
▼ + stars: | 2024-09-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —A SpaceX mission due to take flight Saturday aims to unite the Boeing Starliner astronauts with the spacecraft that will bring them home. NASA’s Suni Williams and Butch Wilmore have already been on the International Space Station more than 100 days longer than expected. The two rode the Starliner to the International Space Station in early June for what was expected to be about a weeklong test flight. At liftoff, Hague and Gorbunov will be strapped inside the SpaceX Crew Dragon spacecraft, nicknamed Freedom, as it sits atop a Falcon 9 rocket. Gorbunov and Hague will join them after docking with the space station, set for Sunday.

Persons: NASA’s Suni Williams, Butch Wilmore, Helene, ”, Steve Stich, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, Stephanie Wilson, Zena, Cardman, “, Nick, Alex, ” Cardman, Wilson, I’m, ” Williams Organizations: CNN, SpaceX, Boeing, Space, Cape Canaveral Space Force, NASA, Mission, International Space Station, International, Station, Engineers, Ad astra, Hague Locations: Florida, United States, Hague, Russian

☆ Arch Manning to start Texas’ SEC opener vs. Mississippi State with Quinn Ewers still out
▼ + stars: | 2024-09-28 | by ( Sam Khan Jr. | ) www.nytimes.com time to read: +2 min

Texas starting quarterback Quinn Ewers will not play on Saturday against Mississippi State, the school announced, meaning redshirt freshman Arch Manning will make his second career start in the Longhorns’ SEC opener. Ewers has been recovering from a strained oblique suffered in the second quarter of Texas’ Sept. 14 win against UTSA. Ewers was listed as questionable when the SEC released its daily availability report on Wednesday, Thursday and Friday night. Texas is off next week and faces Oklahoma in the annual Red River rivalry on Oct. 12 in Dallas. Manning had an up-and-down performance in his first start last week, completing 15 of 29 passes.

Persons: Quinn Ewers, Manning, Ewers, Steve Sarkisian, Quinn, ”, Sarkisian, “, Arch Manning, Blake Shapen, Tim Warner Organizations: Texas, Mississippi State, Longhorns, SEC, UTSA, Louisiana, Longhorns ’, Bulldogs, BetMGM . Mississippi State, Getty Locations: Texas, Oklahoma, Dallas, BetMGM ., Toledo, Florida

☆ Nuggets, Avalanche launch streaming service, with some games aired on local broadcast stations
▼ + stars: | 2024-09-26 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +4 min

Local fans of the NBA's Denver Nuggets and the NHL's Colorado Avalanche will have some new ways to watch their teams' games this season. Beginning this season, there will be 20 Nuggets and 20 Avalanche games on Tegna's free local over-the-air broadcasts, 9NEWS and My20. The platform will give fans in the Denver media market access to all Avalanche and Nuggets games for $19.95 a month. Stars games will be available on streaming service Victory+ this season, and the local Ducks games will be available via Victory+ and a local over-the-air broadcast. These pay TV contracts help support the billions of dollars in fees that the networks pay professional sports leagues to air their games.

Persons: Nikola Jokic, Bones Hyland, Norman Powell, Stan Kroenke's, Tegna, It's, Steve Smith, Gray Organizations: Denver Nuggets, Los Angeles Clippers, Crypto.com Arena, NHL's Colorado Avalanche, Kroenke Sports, Entertainment, Denver's NBA, NHL, Avalanche, Nuggets, NBA, New Jersey Devils, Buffalo Sabres, Sports, DirecTV, Fubo, Communications, Comcast, Dish, Entertainment's KSE Media Ventures, CNBC, Bally Sports, Diamond Sports, Dallas Stars, Anaheim Ducks, Ducks, Dallas Mavericks, New Orleans Pelicans, Tegna, Pelicans, Mavericks, YES, New York Yankees, MSG Networks, New York Knicks, NHL's New York Rangers Locations: Los Angeles, Denver, Prague, North America, NBCUniversal

☆ Higher US PCE prices could weaken the case for further rate cuts: Strategist
▼ + stars: | 2024-09-26 | 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 EmailHigher US PCE prices could weaken the case for further rate cuts: StrategistSteve Sosnick, Chief Strategist at Interactive Brokers, highlights some of the key economic risks to keep an eye out for, and says we should be 'rooting' for moderate rate cuts to help guide a soft landing.

Persons: Steve Sosnick Organizations: Interactive

Higgins' post amplified the debunked pet claim, which was followed by dozens of bomb threats in the city. "All these thugs better get their mind right and their ass out of our country before January 20th," the post concluded. That would be the day Trump and Vance would be sworn into office if they win November's election. Higgins' fellow Republican congressman from Louisiana, Majority Leader Steve Scalise, said, "The tweet has been deleted already and removed, but I object to the motion." Horsford told reporters afterwards that he'd spoken to Higgins earlier and that the Louisiana congressman had told him he would not remove the post.

Persons: Clay Higgins, Higgins, —, Donald Trump, Sen, JD Vance, Lol, Trump, Vance, Subodh Chandra, Mike Johnson, ”, Higgins “, Hakeem Jeffries, Steve Horsford, Horsford, Steve Scalise, ” Horsford, “, Kamala Harris, I’m, ” Vance, who's, Jack Smith, Hunt, Lauren Boebert Organizations: Associated, Republican, Haitian Bridge Alliance, Democratic, United States House, ”, Department of Homeland Security, Capitol, Twitter Locations: Haiti, Caribbean, U.S, Haitian, Springfield , Ohio, Louisiana, Springfield, North Carolina, London, American

☆ Fact check: Trump won’t stop telling a lie that there were no terror attacks during his presidency
▼ + stars: | 2024-09-24 | by ( Daniel Dale | ) edition.cnn.com time to read: +4 min

Washington CNN —During his presidency, Donald Trump talked repeatedly about the terrorist attacks that occurred in the United States on his watch. Now, though, he keeps saying he presided over no terror attacks at all. Throughout his 2024 presidential campaign, Trump has lied that there were zero terror attacks during his presidency. There were numerous terror attacks during his presidency, including high-profile jihadist attacks in his hometown of New York City. Other terror attacks under TrumpThere were a variety of other terrorist attacks during Trump’s presidency.

Persons: Donald Trump, ”, Trump, “, Steve Scalise Organizations: Washington CNN, CNN, New, Trump, ISIS, ” Trump’s, Department, White, Republican, Democratic Locations: United States, New York, “, Pittsburgh, El Paso, California, Pennsylvania, New York City, Saudi, Florida, al Qaeda, Virginia, Texas

☆ JD Vance says he's worried about a 'death spiral' in the US bond market. Here's what he's talking about.
▼ + stars: | 2024-09-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

JD Vance warned recently of a "death spiral" in the US bond market. "Do they try to take down the Trump presidency by spiking bond rates?" AdvertisementVice Presidential candidate JD Vance worries about soaring interest rates sparking a "death spiral" in the US bond market that could ultimately "take down the finances of this country." And the only thing that really makes that serviceable is the interest rates are still pretty low. As to where US interest rates seem to be going in the near future, the answer is lower.

Persons: Vance, Trump, JD Vance, —, Tucker Carlson, Liz Truss, Steve Sosnick, Sosnick Organizations: Service, Trump, Federal, Medicare, Social Security, Bank of England, Interactive Brokers, Business Locations: China, Japan

☆ Arch Manning’s first career start: Two TDs, two INTs and several lessons as Texas routs ULM
▼ + stars: | 2024-09-21 | by ( The Athletic College Football | ) www.nytimes.com time to read: +6 min

Manning started on Saturday night in place of injured starter Quinn Ewers, who is recovering from a strained oblique suffered last week in a win against UTSA. ARCH MANNING RESPONDS AFTER HIS INT 🔥 A 56-yard DIME right to the hands of Isaiah Bond 😤 pic.twitter.com/mZ1aDgpLzT — SportsCenter (@SportsCenter) September 22, 2024The 6-4, 225-pound Manning didn’t seem to get rattled at any point, even when taking big hits. More experience should build more comfort and clean up most of the current hiccups in Manning’s game. pic.twitter.com/2wXd8q4HcK — SportsCenter (@SportsCenter) September 22, 2024Should Quinn Ewers be looking over his shoulder? Quinn Ewers led Texas to the College Football Playoff last season, coming within an end-zone deflection against Washington from advancing to the national championship game.

Persons: Arch Manning’s, Darrell K, Manning, Cooper Manning, Peyton, Eli Manning, Archie Manning, Quinn Ewers, Trey Owens, MANNING, lea, tim e, Tex, bec, l, Hou Organizations: Longhorns, Darrell, Darrell K Royal, Texas, UTSA, ard, nea Locations: overmatched Louisiana

☆ What to know about Arch Manning as he makes his first start for Texas
▼ + stars: | 2024-09-21 | by ( The Athletic College Football | ) www.nytimes.com time to read: +10 min

Arch Manning, the most famous backup quarterback in football, will make his first college start Saturday night for No. Here’s a guide to what to know heading into the Longhorns’ game against the Warhawks, which will be streaming on ESPN+ at 8 p.m. Manning enrolled at Texas in 2023, redshirted and saw minimal time as the third-string quarterback behind Ewers and backup Maalik Murphy. For the season, Manning is 14-of-18 passing for 318 yards and five touchdowns and has two touchdown runs. He completed his first five pass attempts in a 52-0 Week 1 win against Colorado State, notching his first career touchdowns.

Persons: Manning, Quinn Ewers, Cooper Manning, Arch, Archie, Ole, Peyton, Eli, Ole Miss, Ewers, Maalik Murphy, Murphy, Sam Khan Jr, Steve Sarkisian, Sarkisian, ” Sarkisian, “, —, ”, Will, Arch Manning, Monroe, Bryant Vincent, General Booty, they’ve, They’re, Booty, “ He’s, Nelson Stewart, ” — Grace Raynor, Newman, — Raynor, wasn’t, — Nick Baumgardner, Tim Warner Organizations: Ole Miss, New, New Orleans Saints, NFL, Tennessee, Longhorns, Warhawks, ESPN, Texas, Texas Tech, Oklahoma State, Duke, Colorado State, UTSA, Roadrunners, ULM, SEC, Heisman, Alabama, Michigan, UAB, Oklahoma, Football Bowl, Big, Ewers, Isidore Newman School, New Orleans —, Getty Locations: Texas, Louisiana, Monroe, New Orleans, Will Texas, Tuscaloosa, Ann Arbor, Quinn Ewers Does Louisiana, ULM, Georgia, Alabama, Austin

☆ The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
▼ + stars: | 2024-09-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But in his own way (very demure, very mindful) that is what happened Wednesday when he announced the Fed’s first rate cut in four years, a giant half-point reduction that will lower the cost of borrowing and offer financial relief for consumers and businesses. Whenever a reporter asks him about politics, Powell refuses to bite. Like on Wednesday, when he was asked whether the half-point rate cut had political motivations, he responded with something approaching exasperation. It’s just maximum employment and price stability on behalf of all Americans.”Of course, that’s unlikely to stop either party from using the rate cut news to their advantage, given that the economy is the No. Trump can continue to claim that a rate cut is a sign the economy is weak.

Persons: CNN Business ’, Jerome Powell, That’s, ” Powell, “ We’re, Republican Sen, Tommy Tuberville, “, Kamala Harris, ”, it’s, It’s, Jason Furman, Donald Trump, they’re, Pubkey, ” Trump, Powell, He’s, Joe Biden, Powell isn’t, Barack Obama, don’t, Harris, Biden, Steve Sosnick Organizations: CNN Business, New York CNN, Republican, CNN, Trump, Fed’s, Governors, Interactive Brokers, Fed Locations: New York, America, Alabama, New York City, Trump

☆ Joan Vassos says she left 'The Golden Bachelorette' happier than when she started the show. Here's everything we know about if she gets engaged.
▼ + stars: | 2024-09-18 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Read previewJoan Vassos is happier than ever after getting another chance at love on the inaugural season of "The Golden Bachelorette." Now, Joan is reprioritizing herself on "The Golden Bachelorette," and it seems to have worked out in her favor. AdvertisementWith the season just beginning, here's what we could piece together about whether Joan gets engaged at the end of "The Golden Bachelorette." Joan described her season as emotional, adventurous, and funJoan Vassos on the series premiere of "The Golden Bachelorette." AdvertisementNew episodes of "The Golden Bachelorette" premiere on Wednesdays on ABC and stream the next day on Hulu.

Persons: —, Joan Vassos, Joan, Gerry Turner, Gerry, John, reprioritizing, Gilles Mingasson, she'd, you've, Steve, Guy Gansert, Pascal Ibgui, Chock Chapple, Jordan Heller, Jordan, Chock, Pascal, Guy, he's, Reality Steve, who's, hasn't Organizations: Service, Business, Disney, ABC Locations: Reno , Nevada, Hulu

☆ It's not just the rhetoric — apathy and jokes could be fueling a spiral of retaliatory political violence, expert warns
▼ + stars: | 2024-09-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

And an expert in political violence and terrorism is worried the worst is yet to come. The justification of political violence online is getting worse, too, with increasingly high-profile people laughing off violent incidents. Plenty of such data exists about Trump's rhetoric, Pape noted, and he said there is no doubt that "incendiary political rhetoric increases support for political violence." "What you're seeing is real-world violence reflecting this significant rhetorical support for political violence on both the right and the left," Pape said. "There is an incentive to do what we know stokes support for political violence.

Persons: —, Robert Pape, Pape, Nancy Pelosi's, Barack Obama's, Donald Trump's, Steve Scalise, Elon Musk, Sunday's, Trump, haven't, Joe Biden, Kamala Harris, Musk, snickering, " Pape, he's, Biden, stokes Organizations: Service, World Justice, Democratic, GOP, Business, Democrat, Republican, Marist, PBS, Chicago Project, Security, University of Chicago, Department of Justice, Congressional, Trump, Republicans Locations: Louisiana, Butler , Pennsylvania, —

☆ Johnson under pressure after House fails to pass GOP funding plan and Trump pushes shutdown
▼ + stars: | 2024-09-18 | by ( Clare Foran | ) edition.cnn.com time to read: +6 min

Washington CNN —The House failed on Wednesday to pass a six-month GOP government funding plan that included a controversial measure targeting noncitizen voting, an effort pushed by Republican presidential nominee Donald Trump. The House vote was 202 to 220, with 14 Republicans voting against it, two Republicans voting present and three Democrats voting for it. Johnson would not reveal on Wednesday ahead of the planned vote what he would do if the GOP government funding plan fails and said he has spoken to Trump “a lot” about government funding after the former president floated a government shutdown. Trump had previously said that if Republicans don’t receive “absolute assurances” about election security, they should not pass a funding extension. The six-month funding plan from House Republicans would have extended government funding until March 2025.

Persons: Donald Trump, Mike Johnson, Trump, Republicans don’t, ” Trump, Johnson, CNN’s Manu Raju, ” Johnson, “, you’re, ”, “ We’re, there’s, Mike Lawler, Raju, There’s, John Thune, Chuck Schumer, Schumer, ” Schumer, Steve Scalise, – Trump, Kamala Harris –, Joe Biden, …, ” Scalise, Ted Barrett, Danya Gainor, Annie Grayer, Michelle Shen Organizations: Washington CNN, Republican, Democrat, Republicans, SAVE, Truth, GOP, Trump, “, noncitizens, ”, Service, Democratic Locations: New York, Trump’s Florida

☆ Boeing Starliner astronaut: We ‘ran out of time’
▼ + stars: | 2024-09-13 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

We could have gotten to the point, I believe, where we could have returned on Starliner,” he said. During an August 24 news briefing, NASA officials also indicated that Boeing disagreed with some of the space agency’s risk assessments. There was “just a little disagreement (between NASA and Boeing) in terms of the level of risk,” NASA’s Commercial Crew Program manager Steve Stich said. …And when you do things with spacecraft that have never been done before, just like Starliner, you’re going to find some things,” he added. “In this case, we found some things that we just could not get comfortable with putting us back in the Starliner.”

Persons: —, Butch Wilmore, crewmate Suni Williams, ” Wilmore, ”, Steve Stich, …, ” Williams, Starliner’s, “, Williams, Wilmore, “ I’m, CNN’s Kristin Fisher, we’ve Organizations: CNN, NASA, Navy, SpaceX, Boeing Locations: Tennessee, Starliner

But for the first time in recent political memory, the 2024 presidential race has left Florida as a comparative afterthought. It used to be …presidential elections, we would be on a razor’s edge about the state of Florida,” Gov. “With the work we have been doing and the grassroots momentum, Florida is competitive in 2024,” Florida Democratic Party Communications Director Eden Giagnorio said. They use Nikki Fried’s make-believe volunteer numbers," he said, referring to the Florida Democratic Party chairwoman. Last week, Harris campaign allies also started it “Fighting for Reproductive Freedom” bus tour in Florida, a starting line Democrats hyped as a sign of national relevance.

Persons: Ron DeSantis, Joe Biden’s, Donald Trump, ”, Eden Giagnorio, Paul Hennessy, Trump, Harris, Evan Power, Nikki Fried’s, Danielle Alvarez, “, Matt Dixon, “ It’s, Kamala Harris, Steve Schale, ” Schale, ” Harris, Biden, Doug Emhoff Organizations: ”, Republican, Electoral, Democrats, Florida, Democratic, Cook, Florida Democratic Party, ” Florida Democratic Party Communications, Florida’s, Republican Party of Florida, Florida Democratic, “ Trump, NBC, Trump, Veteran Florida Democratic Locations: TALLAHASSEE, Fla, Florida, South Florida, ” Florida, Ron DeSantis , Florida, Orlando, Jacksonville

☆ Wednesday's comeback shows why stocks may be volatile the rest of September
▼ + stars: | 2024-09-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The S & P 500 and Nasdaq Composite shed as much as 1.6% and 1.4%, respectively. The S & P 500 and Nasdaq, meanwhile, posted gains of 1.1% and 2.2%, respectively. The comeback came as Wall Street struggles to find its footing in September, with seasonal headwinds and worries over the economy putting pressure on stocks. The S & P 500 has already posted four 1% moves in September. Correction: The Dow on Wednesday closed 124.75 higher, while the S & P 500 and Nasdaq gained 1.1% and 2.2%, respectively.

Persons: whiplash, Dow, Adam Crisafulli, Marco Iachini, Iachini, Steve Sosnick Organizations: Dow Jones Industrial, Nasdaq, Federal, Vital, Vanda Research, Interactive Brokers, Dow

CNN —A judge on Thursday threw out three charges in the sweeping Georgia election subversion case, including two charges that former President Donald Trump faces. In a separate ruling, Fulton County Judge Scott McAfee also upheld the marquee racketeering charge in the case, which Trump is also facing. In the ruling, McAfee also threw out a separate count of filing false documents, which Trump was charged with. Trump was only named in two of the three charges that McAfee threw out Thursday. The awkward ruling from McAfee comes as he has only partial jurisdiction over the 2020 election meddling case.

Persons: CNN —, Donald Trump, Trump, Scott McAfee, Steve Sadow, ” Sadow, “, ” McAfee, McAfee, John Eastman, Sen, Shawn Still, Fani Willis, Willis, Willis ’ Organizations: CNN, “, Trump, Georgia, Fulton, Eastman, Still, Democrat, Peach State Locations: Georgia, Fulton County, Peach

☆ Judge tosses two criminal counts against Trump, keeps top charge in Georgia election case
▼ + stars: | 2024-09-12 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A judge on Thursday dismissed two criminal counts against Donald Trump in his Georgia election interference case, but kept intact the top racketeering charge and other counts against the former president and other defendants. Fulton County Superior Judge Scott McAfee also tossed out a third count that had been lodged against a number of Trump allies. The third count the judge tossed — numbered as Count 14 in the indictment — was criminal attempt to commit filing false documents. In March, judge tossed out three counts of solicitation of violation of oath by a public officer that had been lodged against Trump. Trump's appeal is set to be heard in oral arguments at the Georgia Court of Appeals in December.

Persons: Donald Trump, Scott McAfee, Trump, Racketeer, Joe Biden, Steve Sadow, Sadow, McAfee, —, Loney, Fani Willis Organizations: Central Wisconsin Airport, Trump, Republican, White, U.S, Supreme, Georgia, of Appeals Locations: Mosinee , Wisconsin, Georgia, Fulton County

☆ Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch
▼ + stars: | 2024-09-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

Hedge fund managers and private equity executives have become the go-to sources for donations for both parties. AdvertisementBut for the industry's biggest names who have become involved in politics, personal interests and values drive their giving. Advertisement'It's a people business'Mercer's global chief investment strategist, Rich Nuzum, advises institutional investors with more than $16 trillion to invest. "You're probably alienating some potential investors," he said, and that puts all investors at risk if it impacts a manager's business health. While LPs prefer their managers stay out of the headlines, Griffin has not been shy in recent years about picking fights.

Persons: —, Ken Griffin, Donald Trump, Ron DeSantis, Griffin, Timothy Mellon, George Soros, Lone, Stephen Mandel, Jim Simons, Elliott's Paul Singer, Blackstone, Steve Schwarzman, Singer, Andrew, Rudy Koitchev, Rich Nuzum, Brian Payne, Payne, Chris Walvoord —, Nuzum, Soros, David Tepper, Mandel, Griffin waded, Zia Ahmed, Koitchev Organizations: Service, Republicans, Florida Gov, Business, SEI, BCA Research, Carolina Panthers, Appaloosa Management, Citadel, Citadel Securities, mater, Miami, city's Museum of Science, Industry, LCH Investments, Teachers Locations: Florida, Lone Pine, Washington, Harvard, Chicago, Afghanistan, Illinois

☆ Many 'doubted the vision': Saudi investment minister touts 'green shoring' on path to diversification
▼ + stars: | 2024-09-08 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country's economic diversification plan, as Riyadh touts "green shoring" investment opportunities to woo foreign financing. The Saudi minister on Saturday said that, eight years into manifesting Vision 2030, the kingdom is now "more committed, more determined" to the program and has already implemented or is about to complete 87% of its targets. The number of foreign investment licenses issued in Saudi Arabia nearly doubled in 2023, the IMF noted, with government data pointing to a 5.6% annual increase in net flows of foreign direct investment in the first quarter. Concerns have nevertheless lingered over the potential uncertainty and unpredictability of the kingdom's legal framework and its dispute resolution system for foreign investment. Al-Falih insisted that Saudi Arabia boasts predictability, as well as domestic political and economic stability.

Persons: Khalid, Falih, CNBC's Steve Sedgwick, Mohammed bin Salman's Organizations: International Monetary Fund, IMF Locations: Saudi, Riyadh, Cernobbio, Italy, U.S, Saudi Arabia

☆ Boeing Starliner capsule is back on Earth while crew will hitch a SpaceX ride home in 2025
▼ + stars: | 2024-09-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

The spacecraft successfully launched and delivered NASA astronauts Butch Wilmore and Suni Williams to the International Space Station in June. But what seemed like an eight-day jaunt turned into months of questions surrounding Starliner’s ability to return the crew safely to Earth. NASAAfter nearly three months, the Starliner spacecraft returned to Earth without the two test pilots after undocking from the space station Friday night and parachuting into the New Mexico desert early Saturday. Starliner is the first US-made capsule to parachute to a ground landing, rather than splashing into the ocean. It remains to be seen how and when Starliner will be certified to carry astronauts regularly to space.

Persons: Boeing’s, —, Butch Wilmore, Suni Williams, jaunt, Starliner, Williams, “, Butch, Suni, ”, Steve Stich, mako, Guillermo López, Wells, Ashley Strickland, Katie Hunt Organizations: CNN, Radian Aerospace, NASA, International Space Station, Boeing, Starliner, European Union, Spanish, NSF, Cornell University, CNN Space, Science Locations: Seattle, New Mexico, Cod, Massachusetts, Zamora, Philippines, Luzon, Scotland

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