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☆ Dry Weather Hampers Mass Christmas Island Crab Migration
▼ + stars: | 2024-02-19 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

By Cordelia HsuSYDNEY (Reuters) - Unusually dry weather has delayed the annual migration of millions of Christmas Island red crabs from the island's interior to the sea where they mate. There are over 100 million red crabs on Christmas Island in the Indian Ocean, much of which is designated as a national park. Authorities say "exceptionally dry" conditions have put a dampener on this season's migration, where the mass of red crabs usually blocks off traffic in a normal year. This year is the first time the crabs have migrated as late as February since Parks Australia started tracking migration in the 1980s, he added. The migration sees the crabs journey from the interior of the island to the ocean, where they mate.

Persons: Cordelia Hsu SYDNEY, Brendan Tiernan, Cordelia Hsu, Alasdair Pal, Michael Perry Organizations: Authorities, Parks Australia Locations: Sydney

☆ California man stole a Yosemite National Park ranger's vehicle and sparked a high-speed chase before plummeting 200 feet off a cliff, prosecutors say
▼ + stars: | 2024-02-18 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewA federal grand jury indicted a California man accused of stealing a Yosemite National Park ranger's vehicle and leading a "high-speed chase" before driving off a cliff. AdvertisementThis isn't the first time tourists have been accused of misbehaving in US national parks. In May 2023, a bison calf had to be euthanized after a man lifted it out of a river in Yellowstone National Park, prompting its herd to reject it. An unidentified man disturbed a bison calf in Lamar Valley near the confluence of the Lamar River and Soda Butte Creek in Yellowstone National Park. "Park rangers tried repeatedly to reunite the calf with the herd, but their efforts were unsuccessful."

Persons: —, Phillip A, Talbert, Claustro, David Calvert, Hellen Jack Organizations: Service, Yosemite National, Business, Getty, National Parks Service, Visitors, Grand Teton National Parks Locations: California, Yosemite, Yellowstone, Lamar Valley, Lamar, Grand

☆ A 92-year-old became the oldest man to cross the Grand Canyon after getting healthy in his 70s. Here are his diet and exercise tips.
▼ + stars: | 2024-02-18 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Alfredo Aliaga Burdio, 92, is now the oldest man to cross the Grand Canyon rim-to-rim on foot. Burdio told Business Insider that he began pursuing a healthy lifestyle in his 70s. AdvertisementAlfredo Aliaga Burdio, 92, is now the Guinness World Record holder for the oldest man to cross the Grand Canyon rim-to-rim on foot. Burdio became the oldest man to cross the Grand Canyon in October 2023. In the last 30 years, he's walked the Grand Canyon rim-to-rim at least seven times.

Persons: Alfredo Aliaga Burdio, Burdio, —, Anabel Aliaga, who'd, Anabel, Burdios, he's, Burdio's, That's Organizations: Service, Guinness, Tucson Fire Department, Mount Locations: Tucson , Arizona, Tucson, Finland, Germany, Mount Everest, Nepal

☆ We've visited 50 states and 91 countries and almost always choose hotels over Airbnbs. Here's why.
▼ + stars: | 2024-02-17 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

Initially, we were going to live in a golf community in Palm City, Florida, and also do some traveling. Courtesy of John and Beverly MartinJohn: When COVID hit, we realized we couldn't travel internationally. So we sold our house, bought the Airstream for $50,000, and visited all 50 states and 51 national parks in two years. John: After about a year, we started noticing we could stay at hotels for a similar price to the Airbnbs. Beverly: We've had some amazing stays, like a luxury hotel in Delhi.

Persons: —, John Martin, Beverly, Beverly Martin John, Bev, Beverly Martin Beverly, John, We've, Airbnb, we're, We're, would've Organizations: Service, Beverly, Central America, The, YouTube, Kruger National Park Locations: United States, Palm City , Florida, Beverly, New Zealand, California, Florida, Greece, Panama, Sri Lanka, North Macedonia, Kosovo, Europe, Central, Asia, Norway, Albania, Bulgaria, Costa Rica, Guatemala, Santorini, Hyatts, Laos, Delhi, South Africa, Victoria Falls, West Africa

☆ Australia Authorities Say More Sydney Sites Tainted With Asbestos
▼ + stars: | 2024-02-16 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

SYDNEY (Reuters) - Australian authorities on Saturday said asbestos had been discovered in more places in Sydney including housing estates as the New South Wales government continues a weeks-long scramble to remove the toxic material from mulch used in public spaces. Since then, in what is the biggest investigation by the state's Environmental Protection Authority (EPA) in decades, 32 city sites have returned positive results for bonded asbestos, the agency said in a statement on Saturday. The EPA said new sites where asbestos had been detected were a public school and park in the city's north, and two residential estates under construction in Sydney's south-west. The University of Sydney had also been identified as potentially tainted and would be tested this weekend, it said. The rate of positive results is around 10 percent," the EPA said.

Persons: Sam McKeith, Matthew Lewis Organizations: SYDNEY, New South, Environmental Protection Authority, EPA, University of Sydney, Authorities, Sydney Gay, Mardi Locations: Sydney, New South Wales, Sydney's

These are among the reasons why there was alarm this week over reports that Russia may be pursuing nuclear weapons in space. So much of the country's infrastructure is now dependent on U.S. satellite communications — and those satellites have become increasingly vulnerable. Photos You Should See View All 33 ImagesTHE PAST: STARFISH PRIME AND PROJECT KBoth Russia and the U.S. have detonated nuclear warheads in space. The U.S. and the Soviet Union signed a nuclear test ban treaty a year later, in 1963, which prohibited further testing of nuclear weapons in space. The creation of the Space Force elevated spending on satellite systems and defenses.

Persons: Stephen Schwartz, Ariel, Hans Kristensen, ” Kristensen, John Kirby, John Ferrari, DeAnna Burt, Pat Ryder, Ferrari, ” Ferrari Organizations: WASHINGTON, Aviation, Russia, U.S, of Atomic Scientists, Starfish Prime, of Defense, Radio, Federation of American Scientists, Soviet Union, House, American Enterprise Institute, U.S . Space Force, NRO, National Reconnaissance Office, Pentagon, Space Force, Defense Department Locations: Russia, China, U.S, Hawaii, British, Ukraine

LOISABA CONSERVANCY, Kenya (AP) — Conservationists in Kenya are celebrating as rhinos were returned to a grassy plateau that hasn't seen them in decades. The rhinos were taken from three parks that are becoming overcrowded to the private Loisaba Conservancy, where herds were wiped out by poaching decades ago. Kenya now has around 1,000 black rhinos, the third biggest population behind South Africa and Namibia. There are just over 6,400 wild black rhinos left in the world, all of them in Africa, according to the Save the Rhino organization. Tom Silvester, the CEO of Loisaba Conservancy, said Kenya's plan is to get its black rhino numbers to 2,000 over the next decade.

Persons: “ It’s, ”, Daniel Ole Yiankere, David Ndere, ” Ndere, Tom Silvester, Silvester, ___ Odula Organizations: Conservancy, Loisaba, Rhinos, Kenya Wildlife Service, Rhino, Loisaba Conservancy, ___ AP Locations: LOISABA CONSERVANCY, Kenya, Nairobi, ”, South Africa, Namibia, Africa, Loisaba, ___, africa

☆ Sydney Parks Cordoned Off, Mardi Gras Event Cancelled After Asbestos Concerns
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

SYDNEY (Reuters) - Australian authorities on Friday cordoned off areas in several parks in Sydney after the discovery of asbestos in mulch, while schools began precautionary testing as the government scrambled to remove the toxic material from public spaces. About 700 students at a public school in Sydney's southwest will be relocated to another school for several weeks after finding asbestos on campus. The Sydney Gay and Lesbian Mardi Gras Fair Day event, which usually draws tens of thousands of revellers, scheduled for Sunday was cancelled after traces of asbestos were found around the Victoria Park venue. The New South Wales state government on Thursday set up a taskforce to provide more resources and staff to help support the Environment Protection Authority's investigations. The complex, criminal investigation involves multiple lines of enquiry," New South Wales Environment Minister Penny Sharpe said in a statement.

Persons: Penny Sharpe, Sharpe, Renju Jose, Jamie Freed Organizations: SYDNEY, Sydney City Council, Sydney Gay, Mardi, Sunday, Protection, Environment Protection Authority, Wales Environment Locations: Sydney, Sydney's, Victoria, New South Wales, New, Wales

☆ We paid $781 a night to stay at an all-inclusive resort in Mexico. These 6 things made our weeklong trip an excellent value.
▼ + stars: | 2024-02-15 | by ( Sara Iannacone | ) www.businessinsider.com time to read: +1 min

My husband and I stayed at Hotel Xcaret Arte, an adults-only all-inclusive resort in Mexico. 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 . We thought we'd found the best of both worlds when we discovered Hotel Xcaret Arte in Playa del Carmen, Mexico. The adults-only resort is an "all-fun inclusive" where access to adventure parks and excursions is included in the nightly rate.

Persons: —, we'd Organizations: Xcaret Arte, Service, Business Locations: Mexico, Playa del Carmen

☆ After Shutting Down, These Golf Courses Went Wild
▼ + stars: | 2024-02-15 | by ( Cara Buckley | ) www.nytimes.com time to read: 1 min

There was scraggly grass in one sand trap and wooden blocks and a toy castle in another, evidence of children at play. People were walking their dogs on the fairway, which was looking rather ragged and unkempt. Nowadays, these grounds are mowed just twice a year, and haven’t been doused with pesticides or rodenticides since 2018, which was when this 157-acre stretch of land stopped being the San Geronimo Golf Course, and began a journey toward becoming wild, or at least wilder, once again. A small number of shuttered golf courses around the country have been bought by land trusts, municipalities and nonprofit groups and transformed into nature preserves, parks and wetlands. Among them are sites in Detroit, Pennsylvania, Colorado, the Finger Lakes of upstate New York, and at least four in California.

Persons: haven’t, wilder Organizations: San Locations: San Geronimo, Detroit , Pennsylvania, Colorado, New York, California

☆ Here are 10 undervalued stocks in our portfolio despite some of them around record highs
▼ + stars: | 2024-02-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

The PEG ratio, another valuation tool, starts with the price-to-earnings ratio and divides the P/E by estimated earnings growth. A good PEG ratio is 1 or lower. There is a major consideration when analyzing five-year valuation average comparisons: interest rates. The company's P/E ratio of 21.5 times is about 20% cheaper than peers and below its historical average of 29.6. Honeywell Price-to-earnings ratio (P/E): 19.4 P/E vs. peers: 10% cheaper P/E-to-growth ratio (PEG): 2.3 We like how Honeywell 's stock is valued post-earnings .

Persons: Bard, it's, Pacifico, Jim Cramer, Disney Price, Nelson Peltz, Jim, Peltz, Bob Iger, Honeywell Price, Nvidia Price, Nvidia's, Salesforce Price, we're, Wells Fargo, Charlie Scharf, Wynn, WYNN, Jim Cramer's, NVDA, New York Stock Exchange Michael Nagle Organizations: Apple, Microsoft, Meta, Nvidia, Google, Gemini, Amazon, Services, Constellation Brands, Modelo, Beer, Constellation, . Management, Disney, Management, Honeywell, Aerospace, Productivity Solutions, Starbucks, Wells, Silicon Valley Bank, Wynn Resorts EV, Wynn Resorts, Boston, WYNN, CNBC, New York Stock Exchange, Bloomberg, Getty Locations: FactSet, Corona, China, Israel, Wells Fargo Price, Wells Fargo, Silicon, Macao, Las Vegas

☆ I've been to all 50 states. I enjoyed visiting these 12 the most.
▼ + stars: | 2024-02-14 | by ( Ashley Nealy | ) www.businessinsider.com time to read: +1 min

I have visited all 50 states in the US and learned so much at every stop along the way. National parks like Yellowstone in Wyoming and Glacier in Montana offer the most picturesque views. AdvertisementAfter seeing a friend take on a challenge to visit 50 states by the time they turned 40, I decided to embark on my own travel journey through the US. I counted up all the states I'd already traveled to, the ones I needed to revisit, and the ones I'd never been to. Here are the 12 states that I enjoyed the most.

Persons: —, I'd Organizations: Service Locations: Yellowstone, Wyoming, Montana, Vermont, Wisconsin

MONTGOMERY, Ala. (AP) — The Alabama Senate voted Wednesday to put a politically appointed board in control of the Alabama Department of Archives and History, a change proposed after some lawmakers were upset about the department hosting a lecture on LGBTQ+ history. State senators also approved legislation that would allow local government officials to dismiss library board members they appointed if they become displeased with their performance. He said the change would ensure board members are responsive to elected officials. Board members are selected by a vote of the trustees and confirmed by the Alabama Senate. Elliott said existing state law gives city councils the ability to appoint library board members but currently gives no mechanism for removal.

Persons: Sen, Chris Elliott, ” Elliott, “, Bobby Singleton, Elliott, ”, ” Singleton, Fred Gray, Rosa Parks Organizations: The Alabama, Alabama Department of Archives, Alabama, Representatives, Alabama Senate Locations: MONTGOMERY, Ala, Rosa, Montgomery

☆ 39-year-old millionaire who rents: Why I'm 'so much happier' not being a homeowner
▼ + stars: | 2024-02-14 | by ( Bernadette Joy | ) www.cnbc.com time to read: +3 min

Growing up in New York as the eighth of nine kids, my immigrant parents had big homeowner dreams for me. Over the course of a decade, we bought and sold three properties: our first home, a four-bedroom house, and a two-bedroom condo. Here's why I'm so much happier now and don't regret leaving homeownership behind. At my rental, I can easily stroll to restaurants and parks, and I'm a five-minute drive to theaters, museums and galleries. I'm glad we didn't settle for something we didn't like as much, just to say we're homeowners.

Persons: We've Locations: New York, Charlotte , North Carolina, Charlotte

☆ Disneyland’s Mickey, Minnie, Donald and Goofy want to join a union
▼ + stars: | 2024-02-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

The union said on Tuesday that about 60% of the 1,700 Disneyland employees in the characters and parades departments have signed cards seeking a union representation election. Performers doing the same work at Disney World in Orlando, Florida, are already in a union and have been for years. And until recently the Disney World performers were paid more than their Disneyland counterparts, according to the union. The Disneyland performers had been getting $20 an hour until the union organizing drive began late last year. “But magic alone doesn’t pay the rent.”The union already represents some of the Disney World performers.

Persons: Mickey, Minnie Mouse, Donald Duck, ” Kate Shindle, ” Disney, Nelson Peltz, –, Samantha Delouya Organizations: New, New York CNN, Disney, Actor’s Equity Association, Disneyland, Council for Community, Economic Research, Actor’s Equity, CNN Locations: New York, Los Angeles, Orlando , Florida, Orange County , California, Orlando .

☆ Stefan Irvine’s photos capture the Hong Kong villages reclaimed by nature
▼ + stars: | 2024-02-13 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Thick roots tumble across a dilapidated house, the snake-like trunks of a banyan tree framing where the front door once stood. “These villages have existed in Hong Kong for hundreds of years, way before the colonial period,” explained Irvine. In the 1950s and ‘60s, as Hong Kong grew as an industrial hub, many people migrated to the rapidly expanding urban centers for better working opportunities. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong Kong“There were calendars on the wall, school certificates in drawers — it’s quite poignant,” said Irvine. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong KongHeritage valueWhile most of the villages Irvine photographed are abandoned, he was surprised to discover not all were.

Persons: Stefan Irvine, ” Irvine, “ It’s, ”, “, Irvine, Wong Chuk, Lai Chi Wo, they’ll, Tung Ping Chau, Yim Tin Tsai, Luk Keng, Lai, they’ve, Hong, Wo Organizations: Hong Kong CNN, steely, Hong, HK, Irvine, Blue Lotus Locations: Hong Kong, Malaysian, India, Irvine, New Territories, Accounting, Hong Kong’s, London, Tai Peng, Lamma, Lai Chi, Queen's Hill, Fanling, Tung, Shenzhen, China, “, Mau, Lai, Hong

☆ Galentine’s Day: How to love yourself
▼ + stars: | 2024-02-13 | by ( Allison Hope | ) edition.cnn.com time to read: +4 min

This is the perfect year to ditch Valentine’s Day and lean into a less pressure-filled holiday. Born from the ancient, mystic sitcom “Parks and Recreation,” the “Galentine’s Day” episode first aired on February 11, 2010. She rebels against the traditional slog of Valentine’s Day and invents a day to rejoice with her girlfriends and celebrate herself. Galentine’s Day, which falls on the day before Valentine’s Day, is for you. “Just as you may give another person a Valentine’s day gift, write a heartfelt card, or spend quality time together, take these practices inward,” she said via email.

Persons: CNN —, “, Amy Poehler’s, Leslie, —, aren’t, it’s, ”, Rachel DeAlto, Lauren Cook, Damon L, Jacobs, ” Jacobs, there’s, Allison Hope Organizations: CNN, Recreation, New Yorker Locations: New York, Los Angeles

Workers who bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize. Labor organizers announced the campaign Tuesday, saying performers want better safety conditions and scheduling policies to help keep the magic alive for visitors. While most of the more than 35,000 workers at the Disneyland Resort already have labor unions, about 1,700 performers and character actors do not. “This isn't one of those situations where we're out making the employer the bad guy,” said Kate Shindle, president of Actors' Equity Association, which would represent the performers. Disneyland officials said in a statement that they believe cast members deserve the right to a confidential vote.

Persons: Mickey Mouse, Donald Duck, ”, Kate Shindle, Disney, — Taxin, Mike Schneider Organizations: Workers, Labor, Disneyland, Actors ' Equity Association, Disney, Disney California, Downtown Disney, Themed Entertainment, ’ Equity Association, Walt Disney Co, Associated Press, Actors, Equity, National Labor Relations Board Locations: Anaheim, Florida, Santa Ana , California, Orlando , Florida

☆ Veterinarians share 10 things you should never do when taking your dog on a walk
▼ + stars: | 2024-02-13 | by ( Sophia Mitrokostas | ) www.businessinsider.com time to read: +6 min

Vasil Dakov/Shuttershock"No matter how friendly your dog is, you don't know how the other dog might react," said Richardson. "It's never safe to let your dog greet another dog unless you've checked with their owner." "The chemicals can also lead to sickness or potential poisoning if your dog licks their paws clean after the walk." "Owners should never let their dog off the leash unless they are 100% confident the dog will always come back," said Richardson. Venkat suggested keeping waste bags attached to your pet's leash or harness to avoid forgetting them.

Persons: —, Jamie Richardson, Vasil Dakov, Richardson, leashes, Anita Kot, Richard Newstead, Heather Venkat, Venkat Organizations: Service, Business, Getty

☆ A Slushy, Snowy, Icy Mix
▼ + stars: | 2024-02-13 | by ( ) www.nytimes.com time to read: 1 min

A nor’easter disrupted daily life across the Northeast on Tuesday, upending school and work commutes, as rain turned to a slushy mix and then to snow in many regions. Some parts of New England were braced for more snow than they were likely to get as the storm rerouted itself. New York City was expecting up to 8 inches. In all, the weather was good news for small children and dogs, who quickly found their ways to parks and sledding hills — but was less pleasant for delivery workers on bikes and scooters.

Locations: New England, New York City

☆ Where to see April’s total solar eclipse
▼ + stars: | 2024-02-11 | by ( Marnie Hunter | ) edition.cnn.com time to read: +11 min

CNN —The total solar eclipse passing over a swath of North America is less than two months away. The August 2017 total solar eclipse is seen from John Day Fossil Beds National Monument near Mitchell, Oregon. There’s a lunchtime Solar Eclipse Watch Party in downtown Dallas on eclipse Monday with live music and food trucks. Indianapolis, IndianaIndianapolis is located along the center line of the path of totality for the April 8 total solar eclipse. The city’s last total solar eclipse was nearly 100 years ago on January 25, 1925, according to a Rochester eclipse website.

Persons: it’s, Airbnb, “, John, Adrees Latif, Dave Clark, that’s, Clark, Michael Zeiler, GreatAmericanEclipse.com, Jay Anderson, ”, ” Anderson, Cerra, David Esquivel, Esquivel, El, Natalia Silyanov, There’s, Christopher Roth, Anderson, Adam Stiles, Catharines, Geoff Robins, haven’t Organizations: CNN, Reuters, CNN Travel, Planetarium Torreón, Astronomical Society of Mazatlán, Llano Visitor Center, Chamber of Commerce, Enchanted, Natural Area, Natural, ., Dallas , Texas Dallas, Eclipse Watch Party, Dallas, Dallas Museum of Art, Dallas Arboretum, Botanical, Sixth, Eclipse, Indianapolis Motor Speedway, NASA, Indy, Euclid, Great Lakes Science Center, NASA’s Glenn Research Center, Circle, Cleveland Museum of, Wade, Wade Oval, Destination Cleveland, Rochester Museum & Science Center, Niagara Falls Tourism, Niagara Parks, . Parks, Getty Locations: North America, Mexico, Canada, Texas , Oklahoma , Arkansas , Missouri , Illinois , Kentucky , Indiana , Ohio, Pennsylvania, New York , Vermont , New Hampshire, Maine, Texas, Mitchell , Oregon, Torreón, Mexican, Coahuila, That’s, las, Mazatlán, Sinaloa, El Faro, Llano , Texas, Llano, Enchanted Rock, Dallas , Texas, Dallas, Fort Worth, Dealy, Russellville , Arkansas, Russellville, Indianapolis , Indiana Indianapolis, Indianapolis, Cleveland , Ohio Cleveland, Lake Erie, Edgewater, Euclid Beach, There’s, Cleveland, Independence, North Olmsted, Beachwood, Westlake, Destination Cleveland . Rochester , New York Rochester, Rochester, Ontario, Niagara, Niagara Falls, The City, St, ., AFP

Dexter Scott King, the late son of Dr. Martin Luther King Jr. and Coretta Scott King, was remembered Saturday as the protector of his family’s legacy and the keeper of his father's dream during a memorial service in Atlanta. The memorial service for Dexter King was held at Ebenezer Baptist Church, where his father once was pastor. Dexter King was named for the Dexter Avenue Baptist Church in Montgomery, Alabama, where his father was pastor during the bus boycott that vaulted him to national prominence following the 1955 arrest of Rosa Parks. Dexter King served as chairman of The Martin Luther King, Jr. Center for Nonviolent Social Change and was president of the King Estate, working to protect the family’s intellectual property. “Dexter was ahead of his time,” Bernice King said of her brother’s vision in protecting the family’s intellectual rights.

Persons: Dexter Scott King, Dr, Martin Luther King Jr, Coretta Scott King, ”, Leah Weber King, “, ” Dexter Scott King, Jan, Dexter King, Stevie Wonder, Martin Luther King III, Dexter, Yolanda Denice King, “ He’s, ” King III, Bernice A ., Rosa Parks, King, Angela Bassett, Martin Luther King, Jr, “ Dexter, ” Bernice King, “ That’s Dexter Scott, ’ Dexter, James Earl Ray, Ray, ” Ray, ___ Thiessen Organizations: Ebenezer Baptist Church, Dexter, Baptist Church, Center for Nonviolent, King Estate, King Center Locations: Atlanta, Malibu , California, Montgomery , Alabama, Memphis , Tennessee, Rosa, Nashville, Anchorage , Alaska

Japan's benchmark Nikkei 225 rose nearly 0.1% to 36,897.42, slipping back from earlier gains that took it briefly to a 34-year high. In prior months, such a report may have hurt the stock market because of concerns that it would mean a longer wait for cuts to interest rates from the Federal Reserve. The latest set of earnings reports from big U.S. companies also kept the stock market mixed overall. It gave a forecast for expected profit across 2024 that fell short of analysts’. In other trading, benchmark U.S. crude lost 6 cents to $76.16 a barrel in electronic trading on the New York Mercantile Exchange.

Persons: Shinichi Uchida, Australia's, ”, Ryan Detrick, Ralph Lauren Organizations: TOKYO, Nikkei, Investors, Bank of Japan, SoftBank Group Corp, Nissan, Dow Jones, Nasdaq, Carson Group, Federal Reserve, Walt Disney Co, Arm Holdings, PayPal, Global, New York Community Bancorp, Traders, New York Mercantile Exchange, Brent, U.S . Locations: U.S, Asia, U.K

☆ Premarket stocks: Magnificent Six? Fab Five? Some say the Seven are getting a shakeup
▼ + stars: | 2024-02-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Is Wall Street’s favorite clique of tech stocks in need of a makeover? Most of the Magnificent Seven stocks have reclaimed their leadership of the market this year, with shares of Nvidia, Meta Platforms, Alphabet and Microsoft reaching record highs. Many investors are skeptical that the Magnificent Seven will match their blockbuster gains from 2023, even if they continue their leadership this year. Jim Worden, chief investment officer at the Wealth Consulting Group, says he believes the group should consolidate to the “Fab Five,” which he classifies as the Magnificent Seven minus Tesla and Apple. “There is a big leadership change underway in the Magnificent Seven stocks,” wrote Louis Navellier, chairman of Navellier & Associates, in a note on Tuesday.

Persons: Jim Worden, ”, Worden, Michael Hartnett, Jim Cramer, Louis Navellier, “, Nancy Tengler, It’s, Walt, Gina Lee, Samantha Delouya, Disney, Ron DeSantis, Diksha Madhok, ” TSMC, Joe Biden, ” Read Organizations: CNN Business, Bell, New York CNN, Nvidia, Meta, Microsoft, Apple, Wealth Consulting, Bank of America, Facebook, Netflix, Google, Federal Reserve, Micro Computer, Navellier, Associates, EV, Disney, Walt Disney World, Disney Vacation, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, US Locations: New York, China, American, Orlando , Florida, —, Florida, Japan Chip, Japan, Arizona

☆ Disney shares pop 7% in premarket trade after earnings beat and Epic Games, Eras Tour news
▼ + stars: | 2024-02-08 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Disney said the partnership will see it work together with Epic to create new games using its intellectual property, including Disney, Pixar, Marvel, Star Wars and Avatar. Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at Allianz Parque on November 24, 2023 in Sao Paulo, Brazil. Disney lost customers on streaming platform Disney+, but revenue was higher due to a hike in subscription costs. Stock Chart Icon Stock chart icon Walt Disney Company share price. The Epic Games partnership could prove fruitful but is likely to be a "slow burn," he said in a note.

Persons: Bob Iger, Disney, Taylor, Taylor Swift, Buda Mendes, Ben Barringer, Quilter Cheviot, Nelson Peltz Organizations: Disney, Epic Games, Pixar, Marvel, Star Wars, ESPN, Allianz Parque, Getty, Walt Disney Company, Parks, CNBC Locations: Sao Paulo, Brazil, Buda

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