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☆ Elon Musk's lawyer is helping Adam Neumann as he tries to buy back WeWork
▼ + stars: | 2024-02-07 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Adam Neumann is trying to buy back WeWork, the now-bankrupt company he cofounded. He's being aided by lawyer Alex Spiro, who helped Elon Musk take over Twitter in 2022. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdam Neumann is trying to buy back WeWork – with the help of a lawyer close to Elon Musk.

Persons: Adam Neumann, He's, Alex Spiro, Elon Musk, Jay, Megan Thee, —, Neumann, Quinn Emanuel Urquhart, Sullivan who's, Musk, Spiro, Quin Emanuel, Tesla, Vernon Unsworth, Randeep Hothi, Jeanine Zalduendo, Zalduendo, Bobby Shmurda, Robert Kraft, Dinesh D'Souza, Thabo Sefolosha Organizations: Twitter, Service, New York Times, Bloomberg, Bloomberg Law, SpaceX, Securities and Exchange Commission, JPMorgan Chase, New England Patriots Locations: British, Alameda County, Los Angeles

Despite mortgage rates hovering around 6%, homeownership is still a top priority for many Americans. Matt Vernon, head of consumer lending at Bank of America, says prospective homebuyers shouldn't try to time the market. Despite this, many prospective homebuyers are ready to act. According to Matt Vernon, head of consumer lending states at Bank of America, it's not worth waiting for rates to drop if you're otherwise ready to buy. For instance, approximately one-third of prospective homebuyers would consider starting an online store to sell handcrafted pieces (34%) or selling some of their belongings (31%) to save for a home.

Persons: Matt Vernon, shouldn't, —, it's, homeownership, Homeownership, Vernon, they'd, today's Organizations: Bank of America, Service, Finance

☆ The latest way workers want to upend the workplace is a blast from the past
▼ + stars: | 2024-02-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What's on deck:This story is available exclusively to Business Insider subscribers. Long considered the bane of white-collar workers' existence, people now view cubicles as a sanctuary instead of a jail cell. AdvertisementCalling for a return to the cubes might seem odd when so many are pushing to evolve the workplace. Experts told Business Insider that a wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. Get in touchAdvertisementinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.

Persons: —, It's, Rebecca Zisser, Long, Kelli María Korducki, haven't, Korducki, cubicles, Ken Griffin, Vernon Yuen, Jerome Powell, Donald Trump, buybacks, Tammi Jantzen, Joe Rogan, Both Rogan, BI's Peter Kafka, Jenny Chang, Rodriguez, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Business, Corporate, Citadel, Getty, Federal Reserve, Deutsche Bank, Spotify, Bureau of Labor Statistics, Boomers, Caterpillar Inc Locations: Silicon Valley, Wellington, Astarte, China, New York, London

☆ Michael Gill: Former Trump administration official dies after being shot in carjacking rampage
▼ + stars: | 2024-02-04 | by ( Philip Wang | ) edition.cnn.com time to read: +2 min

CNN —A former Trump administration official who was shot in a deadly string of carjackings in Washington, DC, earlier last week died Saturday, the DC Metropolitan Police Department said in a statement. Michael Gill, 56, was inside his vehicle parked at Mount Vernon Square on Monday when the suspect, identified as 28-year-old Artell Cunningham, got inside the vehicle and shot him, police said. Cunningham shot Vasquez dead and fled the scene in his vehicle before officials say he conducted two more carjacking incidents in Prince George’s County the following morning, MPD Executive Assistant Chief Jeffery Carroll said at a Tuesday news conference. Cunningham was eventually stopped and was fatally shot by two New Carrollton police officers in Maryland on Tuesday. Before his death, Michael Gill worked for the Housing Policy Council, a real estate trade association, for several years, the organization’s president, Ed DeMarco, confirmed in a statement.

Persons: CNN —, Michael Gill, Artell Cunningham, Cunningham, Alberto Vasquez Jr, Vasquez, Jeffery Carroll, Carroll, ” Gill, Donald Trump’s, Kristina, “, Mike, ” Kristina Gill, Ed DeMarco, ” DeMarco, CNN’s Rashard Rose Organizations: CNN, Trump, DC Metropolitan Police Department, Mount, New Carrollton, US, Futures, Commission, Housing, Council Locations: Washington ,, George’s County, Maryland

"It's important to be an educated and prepared borrower," Bank of America's Matthew Vernon told Business Insider. Having strong credit and getting prequalified are important to your homebuying process, he said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Home affordability is more than the mortgage payment. It's important to look into the true cost of homeownership for any home that you're interested in buying.

Persons: Bank of America's Matthew Vernon, —, Matthew Vernon, Vernon, You've Organizations: Bank of America's, Business, Service, Bank of America Locations: Vernon

☆ BAFTA Film Awards nominations 2024: See the full list of nominees
▼ + stars: | 2024-01-18 | by ( Thomas Page | ) edition.cnn.com time to read: +6 min

CNN —The nominees for the 2024 BAFTA Film Awards have been announced, with “Oppenheimer” leading the charge with 13 nominations. There were few surprises from the British Academy, with strong awards season favorites faring well, including Yorgos Lanthimos’ “Poor Things” with 11 nominations and Martin Scorsese’s “Killers of the Flower Moon” with nine. Standing out from the crowd was “The Zone of Interest,” Jonathan Glazer’s unique film about the Holocaust, which achieved nine nominations. “Barbie” received nods in five categories, including Margot Robbie for best actress, but did not land a best picture nomination. The awards ceremony, hosted by actor David Tennant, will be held at the Royal Festival Hall, in London, on February 18.

Persons: “ Oppenheimer ”, Martin Scorsese’s, Jonathan Glazer’s, “ Barbie ”, Margot Robbie, “, ”, Lily Gladstone, David Tennant, “ Oppenheimer, Napoleon ” “, Wonka, Michael J, Andrew Haigh, Justine Triet, Alexander Payne, ” Bradley Cooper, “ Maestro ” Christopher Nolan, Jonathan Glazer, Cord Jefferson, ” Christopher Nolan, Tony McNamara, Arthur Harari, Greta Gerwig, Noah Baumbach, “ Barbie ” David Hemingson, Josh Singer, “ Maestro ” Celine Song, Barry Keoghan, Saltburn ” Bradley Cooper, “ Maestro ” Cillian Murphy, “ Oppenheimer ” Colman Domingo, “ Rustin ” Paul Giamatti, ” Teo Yoo, Carey Mulligan, “ Maestro ” Emma Stone, “ Barbie ” Sandra Hüller, Vivian Oparah, Dominic Sessa, Jacob Elordi, Saltburn, Paul Mescal, Robert De Niro, Robert Downey Jr, “ Oppenheimer ” Ryan Gosling, Claire Foy, Danielle Brooks, Da’Vine Joy Randolph, Emily Blunt, Rosamund Pike, Sandra Hüller, Robbie Robertson, Ludwig Göransson, Jerskin, ” Anthony Willis, “ Saltburn ” Daniel Pemberton, Jacqueline Durran, “ Barbie ” Jacqueline West, Dave Crossman, Janty Yates, “ Napoleon ” Ellen Mirojnick, Holly Waddington, Sarah Greenwood, Katie Spencer, “ Barbie, Jack Fisk, Adam Willis, Ruth De Jong, Claire Kaufman, Shona Heath, James Price, Zsuzsa, Chris Oddy, Joanna Maria Kuś, Katarzyna Sikora, Jonathan Bullock, Charmaine Chan, Ian Comley, Jay Cooper, Theo Bialek, Stephane Ceretti, Alexis Wajsbrot, Guy Williams, Neil Corbould, Simone Coco, Jeff Sutherland, Alex Wuttke, Henry Badgett, Charley Henley, Ewen Martin, “ Napoleon ” Simon Hughes, Hair Kay Georgiou, Thomas Nellen, Sian Grigg, Kay Georgiou, Kazu Hiro, Lori McCoy, Bell, “ Maestro ” Jana Carboni, Francesco Pegoretti, Satinder Chumber, Julia Vernon, “ Napoleon ” Luisa Abel, Jaime Leigh McIntosh, Jason Hamer, Ahou, Nadia Stacey, Mark Coulier, Josh Weston, Laurent Sénéchal, Thelma Schoonmaker, Jennifer Lame, Yorgos, ” Paul Watts, Rodrigo Prieto, Matthew Libatique, Maestro ” Hoyte van, Robbie Ryan, Kahleen Crawford, Susan Shopmaker, Isabella Odoffin, Ellen Lewis, Rene Haynes, Angelo Bonanni, Tony Lamberti, Andy Nelson, Lee Orloff, Bernard Weiser, “ Ferrari ” Richard King, Steve Morrow, Tom Ozanich, Jason Ruder, Dean Zupancic, Maestro ” Chris Burdon, James H, Mather, Chris Munro, Mark Taylor, Willie Burton, Richard King, Kevin O’Connell, Gary A, Rizzo, Johnnie Burn, ” “ Gorka, Phoebe Dynevor Ayo, Jacob Elordi Mia Mckenna, Bruce Sophie Wilde Organizations: CNN, British Academy, Royal Festival Hall, “ Society, Fox, “ Guardians, “ Locations: London, British, “

☆ 20 metro areas expected to see the fastest-appreciating real estate in 2024 and 5 most at risk of declining. Plus, what will happen to mortgage rates, according to a property data firm.
▼ + stars: | 2024-01-15 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Tight inventory, combined with pent-up demand, kept prices in an uptrend last year despite 23-year-high mortgage rates, according to Selma Hepp, CoreLogic's chief economist. AdvertisementCooling mortgage rates and newly built homes will help bring more houses on the market but won't create enough inventory to outpace demand, wrote Hepp. She isn't expecting much change to mortgage rates but said that they will likely be slightly higher from January to February, in line with historical trends that precede the busy spring sales season. If inflation remains tamed and trending downward, and the Federal Reserve begins cutting rates as a response, declining mortgage rates would follow, she added in an email to Business Insider. Metro area Forecasted YOY % change Redding CA Metropolitan Statistical Area 7.30% Santa Maria-Santa Barbara CA Metropolitan Statistical Area 6.81% Bremerton-Silverdale WA Metropolitan Statistical Area 6.51% Coeur d'Alene ID Metropolitan Statistical Area 6.49% Fairbanks AK Metropolitan Statistical Area 6.38% Santa Rosa CA Metropolitan Statistical Area 6.37% Corvallis OR Metropolitan Statistical Area 6.36% Merced CA Metropolitan Statistical Area 6.32% Bend-Redmond OR Metropolitan Statistical Area 6.29% Mount Vernon-Anacortes WA Metropolitan Statistical Area 6.20% Grand Junction CO Metropolitan Statistical Area 6.09% Longview WA Metropolitan Statistical Area 6.07% Pocatello ID Metropolitan Statistical Area 6.00% Casper WY Metropolitan Statistical Area 5.99% Walla Walla WA Metropolitan Statistical Area 5.88% Lewiston ID-WA Metropolitan Statistical Area 5.87% Santa Cruz-Watsonville CA Metropolitan Statistical Area 5.81% Prescott AZ Metropolitan Statistical Area 5.70% Lakeland-Winter Haven FL Metropolitan Statistical Area 5.67% Kahului-Wailuku-Lahaina HI Metropolitan Statistical Area 5.63%The list below is CoreLogic's forecast for the five metro areas that are at the highest risk of price declines.

Persons: —, Selma Hepp, it's, Hepp, isn't Organizations: Service, Business, Federal Reserve, Redding, Santa Barbara, Metropolitan, Silverdale WA Metropolitan, Coeur, Fairbanks AK Metropolitan Statistical, Santa, Corvallis, Longview, Longview WA Metropolitan, Casper, Casper WY Metropolitan, Walla Walla WA Metropolitan, Lewiston, Prescott, Prescott AZ Metropolitan, Lakeland Locations: Metro, Maria, Santa, Bremerton, Silverdale WA, Coeur d'Alene, Santa Rosa, Merced CA, Redmond, Vernon, Anacortes WA, Longview WA, Pocatello, Casper WY, Walla Walla WA, Santa Cruz, Watsonville CA, Prescott AZ, Haven, Lahaina HI

☆ GM’s 655-horsepower hybrid Corvette is a magnificent missed opportunity
▼ + stars: | 2024-01-14 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

Vernon, New Jersey CNN —General Motors is very clear that its engineers didn’t create the Chevrolet Corvette E-Ray, the first hybrid Corvette, to save gas. Instead they wanted to make an all-wheel-drive Corvette, and the best way to do that was simply to attach a powerful electric motor to the front wheels. Unlike in a Toyota Prius, or almost any other hybrid, the E-Ray’s electric motor almost never drives the car on its own. For that, GM offers the lighter and more powerful Corvette Z06, with its high-revving 670-horsepower V8 and no electric motor. Instead, GM has focused on fully electric technology and, before too long, there will be a fully electric Corvette.

Persons: Ray, it’s, I’ve Organizations: Vernon , New Jersey CNN —, Chevrolet, GM, Toyota Prius, Lamborghini Locations: Vernon , New Jersey, New York , New Jersey

☆ Cher says this career mistake cost her 'a lot of money': 'I was so stupid'
▼ + stars: | 2023-12-05 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Cher has sold over 100 million records and won a trove of awards, including a Grammy, an Emmy and an Oscar, across her six-decade career. But there's one mistake the 77-year-old singer made earlier in her career that still haunts her — and cost her "a lot of money," she shared in a new interview. While that line made it to the final recorded version of "Believe," Cher's name doesn't appear in the songwriting credits. "Believe," which was released in 1998, is one of Cher's best-selling records to date. Warner Records, the label that released "Believe," did not immediately respond to CNBC Make It's request for comment.

Persons: Cher, Vernon Kay, Kay, I've, Rick Carnes, Carnes, Brian Higgins, Stuart McLennan, Paul Barry, Steven Torch, Matthew Gray, Timothy Powell Organizations: BBC, Recording Academy, Songwriters Guild of America, Warner Records, CNBC

☆ Activist Flees Hong Kong After Re-Education Trip to China
▼ + stars: | 2023-12-04 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

Pro-democracy activist Agnes Chow was arrested in Hong Kong in 2020. Photo: Vernon yuen/Agence France-Presse/Getty ImagesHONG KONG—Prominent Pro-democracy activist Agnes Chow said she was exiling herself in Canada after getting her passport back from police in return for taking a patriotic trip to China, an exchange that sheds light on Hong Kong’s efforts to re-educate political opponents. Chow, who is on police bail while under investigation on suspicion of national-security crimes, said she was taken across the border to mainland China in August by five Hong Kong officials. In the neighboring city of Shenzhen, she was taken to an exhibition documenting China’s achievements and to the headquarters of tech company Tencent.

Persons: Agnes Chow, Vernon yuen, exiling, Chow Organizations: Agence France, Getty, HONG, Hong Locations: Hong Kong, HONG KONG, Canada, China, Shenzhen

☆ Activist Flees Hong Kong After Patriotic Education Trip to China
▼ + stars: | 2023-12-04 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

Pro-democracy activist Agnes Chow was driven away from her home by police in Hong Kong in 2020. Photo: Vernon yuen/Agence France-Presse/Getty ImagesHONG KONG—Prominent pro-democracy activist Agnes Chow said she was exiling herself in Canada after getting her passport back from police in return for taking a patriotic trip to China, an exchange that sheds light on Hong Kong’s efforts to re-educate political opponents. Chow, who is on police bail while under investigation on suspicion of national-security crimes, said she was taken across the border to mainland China in August by five Hong Kong officials. In the neighboring city of Shenzhen, she was taken to an exhibition documenting China’s achievements and to the headquarters of tech giant Tencent.

Persons: Agnes Chow, Vernon yuen, exiling, Chow Organizations: Agence France, Getty, HONG, Hong Locations: Hong Kong, HONG KONG, Canada, China, Shenzhen

☆ More US home buyers willing to purchase despite high rates -BofA study
▼ + stars: | 2023-12-04 | by ( Nupur Anand | Thomson Reuters | Nupur Anand Is A U.S. Banking Correspondent At Reuters In New York. She Focuses On Jpmorgan Chase | ) www.reuters.com time to read: +2 min

REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - U.S. home buyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America (BAC.N) published on Monday. That compares with average 30-year fixed mortgage rates that surged to 8% in October, the highest in more than two decades, which deterred buyers. They also sold their homes for career or family reasons or to seek a lower cost of living. New-home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month as mortgage rates squeezed out buyers. Reporting by Nupur Anand in New York; Editing by Lananh Nguyen and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Silbiger, Matt Vernon, “, ”, Vernon, Nupur Anand, Lananh Nguyen, Leslie Adler Organizations: REUTERS, Bank of America, Reuters, Federal Reserve, Homeowners, U.S, Wall, Thomson Locations: Washington , U.S, U.S, Vernon, New York

☆ Europe's new Ariane 6 rocket to launch June 15-July 31, 2024
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

Christophe Ena/Pool via REUTERS/File Photo Acquire Licensing RightsPARIS, Nov 30 (Reuters) - Europe's new Ariane 6 rocket will stage an inaugural flight between June 15 and July 31 in 2024, the European Space Agency said on Thursday. The keenly awaited window for the first test flight came after a test model of the new rocket passed a key long-firing engine test in French Guiana last week. The maiden flight will carry some smaller satellites, including two from NASA, but since it is still considered a test flight, it will not carry "a major payload", ESA added. The ESA will carry out a few additional tests before the launch to make sure the design is "fault tolerant". Aschbacher said last month he hoped to be able to announce a launch window for an inaugural flight to be held in 2024, depending on the results of the engine test.

Persons: Emmanuel Macron, Christophe Ena, Josef Aschbacher, Safran, Vega, Aschbacher, Tim Hepher, Piotr Lipinski, Alex Richardson, Bernadette Baum, Christina Fincher Organizations: Ariane, Rights, European Space Agency, ESA, NASA, ArianeGroup, Airbus, U.S, SpaceX, Soyuz, Thomson Locations: Vernon, France, Guiana, Europe, Russia, Ukraine

☆ I was raised in Virginia but didn't appreciate it until I left. Here's what I miss most about my home state.
▼ + stars: | 2023-11-28 | by ( Hayley Hutson | ) www.businessinsider.com time to read: +5 min

I was born and raised in Virginia but I didn't appreciate it enough until I left at 22. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These are a few of the things I miss most about living in Virginia. I was less than an hour's drive away from Washington, DCThere's a special place in my heart for Washington, DC. The state has endless opportunities for outdoor adventureIf you're the outdoorsy type, Virginia has just about everything you could hope for.

Persons: —, I've, Mount, Marc Guitard, Malachi Jacobs, Brian Balik, you'll, it's Organizations: Service, National Museum of, Marine Corps, Shenandoah, Travel Locations: Virginia, Washington, Northern Virginia, Charlotte , North Carolina, Mount Vernon, Colonial Williamsburg, DC, Charlotte, Shutterstock Virginia, Loudoun County, Middleburg

☆ Berkshire Hathaway vice chairman Charlie Munger dies at 99
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +12 min

Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.

Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, ”, Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, —, STEVE SOSNICK, “, ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL

☆ Former Coal Towns Get Money for Clean-Energy Factories
▼ + stars: | 2023-11-27 | by ( Hiroko Tabuchi | ) www.nytimes.com time to read: 1 min

In Weirton, W.Va., in the heart of coal country, a company started by MIT scientists plans to build a plant that will produce a metal and alloy critical for clean energy, fuel cells and cleaner steel. In Vernon, Texas, also a former coal town, a third-generation wind entrepreneur plans to manufacture turbines suitable for remote, rural locations. And in Vandergrift, Pa., and Louisville, Colo., a window maker plans to retrofit aging factories to produce thin, insulated units that help make buildings more energy efficient. They’re all projects getting federal funding designed to help small- and medium-sized manufacturers bring clean-energy jobs to former coal communities, part of a $1 trillion infrastructure package signed by President Biden in 2021. The Energy Department announced the projects on Monday.

Persons: Biden Organizations: MIT, The Energy Department Locations: Vernon , Texas, Vandergrift, Pa, Louisville, Colo

☆ CSX Train Carrying Molten Sulfur Derails in Kentucky
▼ + stars: | 2023-11-24 | by ( Dan Frosch | ) www.wsj.com time to read: 1 min

Rockcastle Middle School was being used as an evacuation center in Mt. Vernon, Ky., Wednesday. Photo: WTVQ/Associated PressHundreds of emergency workers in Kentucky were trying to put out a large fire on Thursday after a freight train carrying molten sulfur derailed a day earlier in Rockcastle County. The derailment of the train, operated by CSX , prompted evacuations in the small town of Livingston, authorities said. Andy Beshear declared a state of emergency due to the derailment, which involved 16 cars, according to the Florida-based train operator.

Persons: Andy Beshear Organizations: CSX, Gov Locations: Mt . Vernon, Ky, Kentucky, Rockcastle County, Livingston, Florida

Thursday's drop ended the longest winning streaks in two years for the S&P 500 (.SPX) and the Nasdaq. The S&P 500 posted its highest closing level since Sept 19. REUTERS/Brendan McDermid Acquire Licensing RightsAll 11 S&P 500 sectors ended in positive territory, led by a 2.6% gain for the technology sector (.SPLRCT). For the week, the Dow rose about 0.7%, the S&P 500 gained 1.3% and the Nasdaq climbed 2.4%. Data on Friday showed U.S. consumer sentiment fell for a fourth straight month in November, and households' expectations for inflation rose again.

Persons: Illumina, Jerome Powell, ”, Chuck Carlson, Rick Meckler, Brendan McDermid, ” Meckler, Lewis Krauskopf, Amruta, Maju Samuel, David Gregorio Our Organizations: Nasdaq, CPI, Dow, Federal, Investors, Treasury, Horizon Investment, Cherry Lane Investments, Dow Jones, Traders, New York Stock Exchange, REUTERS, Nvidia, Meta, Microsoft, NYSE, Thomson Locations: Hammond , Indiana, New Vernon , New Jersey, New York City, U.S, New York

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Thursday's decline ended the longest winning streaks in two years for the S&P 500 (.SPX) and the Nasdaq Composite (.IXIC). The S&P 500 touched its highest level since Sept 20. All 11 S&P 500 sectors were in positive territory, with technology (.SPLRCT) leading the way, up 2.2%. On the Nasdaq, advancing issues outnumbered decliners by a 1.5-to-1 ratio, while the Nasdaq recorded 49 new highs and 318 new lows.

Persons: Brendan McDermid, Illumina, Jerome Powell, ”, Rick Meckler, ” Meckler, Lewis Krauskopf, Amruta, Maju Samuel, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, CPI, Dow, Nasdaq, Federal, Investors, Treasury, Cherry Lane Investments, Dow Jones, Nvidia, Microsoft, NYSE, Thomson Locations: New York City, U.S, New Vernon , New Jersey, New York

TORONTO (AP) — Henrik Lundqvist knew the call — if it was indeed coming — would light up his phone in the early evening. The Hockey Hall of Fame’s selection committee was busy in Toronto paring down its 2023 list. The 2012 Vezina Trophy winner as the NHL’s top netminder headlines the class set to be inducted Monday night. The first Swedish goaltender to be inducted, Lundqvist won 61 more times in the playoffs before his career ended in 2020 because of a heart condition. Hitchcock, fourth on the NHL victories list with 849, won the Cup with the Dallas Stars in 1999 in a 22-season career behind NHL benches.

Persons: — Henrik Lundqvist, Lundqvist, ” Lundqvist, Lanny McDonald, “, Mike Vernon, Tom Barrasso, Pierre Turgeon, Caroline Ouellette, Ken Hitchcock, Pierre Lacroix, ” Vernon, Conn Smythe, Barrasso, Turgeon, Hitchcock, Lacroix, Ouellette, Canada’s, ___ Organizations: TORONTO, New York Rangers, The Hockey, of Fame, NHL, New York, Rangers, Calgary Flames, Detroit Red Wings, Vezina, Buffalo Sabres, Pittsburgh, New York Islanders, Montreal Canadiens, Montreal, Dallas Stars, Quebec Nordiques Locations: Sweden, Toronto paring, Spain, Swedish, New, Boston, Colorado

[1/2] FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. MSCI's gauge of global stock performance (.MIWD00000PUS) shed 0.05%, while the pan-European STOXX 600 index (.STOXX) lost 0.06%. Against a basket of currencies, the dollar index rose 0.332% to 105.61, with the euro down 0.31% to $1.0682. Treasury yields slid, having unwound some of their rally last week after the Fed left rates unchanged following a policy meeting. The two-year's yield, which reflects interest rate expectations, fell 1.3 basis points to 4.928%, while the 10-year slipped 7.5 basis points at 4.587%.

Persons: Toby Melville, Jerome Powell, Neel Kashkari, Austan Goolsbee, Rick Meckler, we've, Michael Hewson, Brent, Tom Wilson, Tom Westbrook, Ankur Banerjee, Lincoln, Kim Coghill, Christina Fincher, Jonathan Oatis Organizations: London Stock Exchange Group, City of, REUTERS, NEW, Federal Reserve, Minneapolis, Chicago, Cherry Lane Investments, Dow Jones, Nasdaq, Reserve Bank of Australia, Treasury, Fed, CMC, Thomson Locations: City, City of London, Britain, China, Saudi Arabia, Russia, Europe, U.S, New Vernon , New Jersey, Asia, Pacific, Japan, London, Singapore

☆ Italy, France and Germany agree on launches of Ariane 6 and Vega-C
▼ + stars: | 2023-11-06 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

A worker of Ariane Group stands in front of a Ariane 6 rocket's Vulcain 2.1 engine, prior to the visit of French President Emmanuel Macron, in Vernon, France January 12, 2021. Christophe Ena/Pool via REUTERS/File Photo Acquire Licensing RightsROME, Nov 6 (Reuters) - Italy, France and Germany on Monday have reached a deal underpinning future launches of the delayed Ariane 6 and Avio's (AVI.MI) smaller Vega-C rockets, Italy's industry minister said. The smaller Vega-C has been grounded since Dec. 22 after a failed launch. Italy has been campaigning for the rocket to be marketed separately from ArianeGroup subsidiary Arianespace, which currently sells and operates all major European launches. The three-way agreement was signed during a European Space Agency (ESA) ministerial meeting in Seville, Spain.

Persons: Emmanuel Macron, Christophe Ena, Safran, Urso, Arianespace, Josef Aschbacher, Giuseppe Fonte, Cristina Carlevaro, Federico Maccioni, Tim Hepher Organizations: Ariane, Rights, Airbus, Space Agency, ESA, Soyuz, Thomson Locations: Vernon, France, Italy, Germany, Europe, Vega, Milan, Avio, Seville, Spain, Ukraine

Walk up to Lafayette Avenue between Fulton Street and Bedford Avenue for one of the best parties along the course. You can also catch runners at several points in Williamsburg and Greenpoint, along Bedford Avenue between Lafayette Avenue and Nassau Avenue. Take the L train to Bedford Avenue, the M or J train to Marcy Avenue or the G train to Nassau Avenue or Greenpoint Avenue. The Q subway line stops at several points along this stretch. North of 96th Street, use the 6 subway line to get to this part of the course.

Persons: It’s, Alexander, Duke Ellington, Charles A, Dana, Harlem Meer, “ Organizations: New York, Brooklyn, Barclays Center, Lafayette, Bedford, Queens, ., Dana Discovery Center, Park, Columbus, West Locations: Staten Island, Brooklyn, Staten, Bay Ridge, Sunset, Park, Flatbush, Fulton Street, Williamsburg, Greenpoint, Bedford, Lafayette Avenue, Nassau, Avenue, Vernon, Jackson, . Manhattan, Manhattan, Bronx, Harlem

☆ CDW misses third-quarter revenue estimates as customers lower tech spending
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

Nov 1 (Reuters) - CDW (CDW.O) reported third-quarter revenue below estimates on Wednesday on lower demand for the company's information technology solutions as customers struggling with high borrowing costs cut back spending and defer projects. The company, however, beat third-quarter profit estimates on the back of higher margins and reduced discretionary spending. CDW posted adjusted earnings of $2.72 compared with analysts' estimates of $2.60 per share. The Vernon Hills, Illinois-based company reported lower sales from its corporate and small business segments and also at its UK and Canadian operations. Its public unit was the only outlier, with healthcare and education customers driving sales up 1.5% compared to the year before.

Persons: CDW, Harshita Mary Varghese, Tasim Zahid Organizations: Thomson Locations: Vernon Hills , Illinois

☆ These are the 10 best places to buy a vacation house in the U.S. based on rental performance, yearly expenses and more
▼ + stars: | 2023-10-31 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Evolve, a vacation rental company, ranked the best places in the U.S. to buy a vacation house right now. In October, Evolve, a vacation rental company, released its ranking of the best places to buy a vacation house right now. 1 place to buy a vacation house right now, according to Evolve. 2 best place to buy a vacation house right now. The Evolve report states that the median rental revenue for Holland is $44,577, the example cap rate is 8.8% and the median listing price is $355,544.

Persons: Peter Unger, , New York Holland , Michigan Hocking Hills , Ohio Palo, Deb Snelson Organizations: Stone, U.S . News, , New York Holland , Michigan Hocking Hills , Ohio Palo Pinto , Texas Wisconsin Dells, Wisconsin Savannah , Georgia Michigan City, Evolve, Holland State, Istock, Getty Locations: U.S, , New York, New York, Lake Ontario, Finger, Napa Valley, HomeToGo, , New York Holland , Michigan Hocking Hills , Ohio, , New York Holland , Michigan Hocking Hills , Ohio Palo Pinto , Texas, Wisconsin Savannah , Georgia Michigan, Wisconsin Savannah , Georgia Michigan City , Indiana Vernon Township , New Jersey Dover , Vermont Sevierville, Tennessee Holland , Michigan, Holland, Lake Michigan, Southeast Ohio, Hocking Hills

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