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☆ Stock futures are little changed as traders brace for August consumer inflation report: Live updates
▼ + stars: | 2024-09-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed Tuesday night ahead of the August consumer inflation report due Wednesday morning. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%. Traders are anticipating a key economic report Wednesday morning: August's consumer price index. The CPI report and Thursday's producer price index could help determine the size of a widely expected rate cut at the end of the Federal Reserve's two-day meeting on Sept. 18. Fed funds futures trading suggests a 69% chance of a 25-basis-point rate cut and a 31% likelihood of a 50-basis-point reduction, according to CME's FedWatch Tool.

Persons: Dow, Dow Jones, CME's, Kristina Hooper, Hooper Organizations: Dow Jones Industrial, Nasdaq, GameStop, U.S . Securities, Exchange Commission, Nvidia, JPMorgan, CPI, Federal

In the wake of the ACP's expiration, broadband companies reported losing some customers. "But that doesn't take away from the families for whom this was important, and could now lose access to broadband." Pete Marovich | ReutersStill, Sohn believes bipartisan support for the ACP should make reauthorizing it a political slam dunk for Democrats. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. Charter Communications CEO Chris Winfrey said in July that the ACP's expiration impacted both losses and low income broadband connections after the company had "put a lot of effort into the ACP program."

Persons: Craig Moffett, Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump's, Vance quieted, Gigi Sohn, Biden, Pete Marovich, Sohn, Wall, they're, Carey, Budzinski, Chris Winfrey Organizations: Istock, Getty, Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, Capitol, Republicans, Emergency, GOP, Republican House, ACP, Commerce, Science, Washington , D.C, Reuters, Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, Washington ,, U.S, New York

☆ Want to cash in on India's growth? Veteran investor names 5 'well-run' companies to buy right now
▼ + stars: | 2024-09-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Interest in India has been rising steadily among investors, thanks to its growing economy , strong stock market performance and burgeoning population . Amid some talk of an Indian stock market bubble , however, Pramod Gubbi, co-founder of Marcellus Investment Managers, revealed how he is playing the market. So, our job is to evaluate whether the management teams are hungry enough to identify changes that are happening and adapt to them," he told CNBC Pro last week. Women-led themes One theme that Gubbi is interested in is how India's growing numbers of working women are spending their money. Other stocks Other Indian companies Gubbi likes include Divi's Laboratories and HDFC Bank .

Persons: Pramod Gubbi, Marcellus, Gubbi, Maggi, Nescafe Organizations: Marcellus Investment, Management, CNBC Pro, Bombay Stock Exchange, Tata Group, Brands, Nestle, —, Paints, Divi's Laboratories, HDFC Bank, Novartis, GSK, Merck Locations: India, U.S, China

☆ Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate
▼ + stars: | 2024-09-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Stand With Crypto's bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto AllianceStand With Crypto's bus tour through five battleground states is all about getting people registered to vote. Logan Dobson/Stand With Crypto Alliance"Bipartisan crypto legislation has already passed the House of Representatives, and more and more elected officials are coming out in support of crypto," the letter says. Stand With Crypto's tour through battleground states is more about turning out the vote than raising cash. Logan Dobson/Stand With Crypto Alliance

Persons: Logan Dobson, ABC didn't, Ohio Sen, JD Vance, Harris, Tim Walz, Joe Biden, Crypto, Sen, Kyrsten Sinema, Kyrsten, who's, Sinema, Paul Grewal Organizations: Crypto Alliance, Representatives, ABC, Trump, Public Citizen, CNN, Democratic, Crypto, Washington , D.C Locations: Phoenix, Las Vegas, Minnesota, Phoenix , Arizona, Arizona, Nevada, Michigan , Wisconsin, Pennsylvania, Washington ,

☆ Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16
▼ + stars: | 2024-09-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Richard Yu, a Huawei executive director overseeing consumer products, reveals the price for the company's trifold Mate XT smartphone on Tuesday, Sept. 10, 2024. BEIJING — Chinese smartphone company Huawei said Tuesday its trifold smartphone will start at the equivalent of more than $2,800. That's the same day Apple's new iPhone 16 series is due to launch in stores, including in China. On Monday stateside, Apple announced its iPhone 16 Pro Max will start at $1,199, and the iPhone 16 at $799. iPhone 16 users as well as those of the iPhone 15 Pro and Pro Max can use the new functions.

Persons: Richard Yu, Max, XT Organizations: Huawei, Apple, Apple Intelligence Locations: BEIJING, China

☆ Rapper Ye is set to perform a controversial show in China this week — and many are wondering why
▼ + stars: | 2024-09-10 | by ( Serenitie Wang | ) www.cnbc.com time to read: +4 min

"This is Hainan trying hard to forge its branding as an international destination," said Michael Zhou, founder of Jingjian, a consultancy specializing in China tourism. The tropical island of Hainan, dubbed the "Hawaii of China," has long been a top travel destination for domestic tourists. According to Zhou, the bulk of Hainan's tourism income comes from hotel stays and duty-free shopping. "As it is the largest duty-free channel in China, Hainan's duty-free sales decline is inevitable," said Charlie Chen, head of Asian Research at China Renaissance, a financial institution. Ye and the China connectionCDF Haikou International Duty Free City is one of many duty-free malls on the Chinese island of Hainan.

Persons: Du, Ye, Michael Zhou, Zhou, netizens, Ye's, Charlie Chen, Hainan's, Luo Yunfei Organizations: straitlaced Communist Party, Communist, Hainan's Provincial, of Statistics, Haikou, Asian Research, Duty, China News Service, Getty Locations: Hainan, Shanghai, China, Weibo, Beijing, Ye, Hawaii

Republican vice presidential nominee Sen. JD Vance of Ohio speaks to reporters in San Diego in front of the wall on the border with Mexico, Sept. 6, 2024. A Biden administration official on Tuesday said it was "dangerous" for Republican vice presidential nominee Sen. JD Vance of Ohio to promote a false conspiracy theory that Haitian immigrants were stealing and eating other people's pets. Vance in a social media post on X on Monday shared a video of him speaking during a Senate committee hearing about a surge in Haitian immigrants living in Springfield, Ohio. "Months ago, I raised the issue of Haitian illegal immigrants draining social services and generally causing chaos all over Springfield, Ohio," Vance wrote in that tweet. His tweet came a day before Republican presidential nominee former President Donald Trump was due to debate Harris in Philadelphia.

Persons: Sen, JD Vance, Biden, Vance, you've, that's, let's, John Kirby, Kirby, Kamala Harris, Harris, Donald Trump, Donald Trump Jr, Ted Cruz, Ted Cruz of Texas —, Springfield who've Organizations: Republican, Republican Party, Security, Democratic, . Springfield Police, Springfield Police, NBC News, Trump Locations: Ohio, San Diego, Mexico, Springfield , Ohio, United States, Philadelphia, Ted Cruz of Texas, Springfield, North Carolina, Pennsylvania

☆ RFK Jr. off North Carolina presidential ballot, state Supreme Court rules
▼ + stars: | 2024-09-10 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +4 min

Former independent presidential candidate Robert F. Kennedy Jr.'s name must be removed from North Carolina's November ballot, the state's Supreme Court ordered. The 4-3 decision by North Carolina's high court came hours after the Michigan Supreme Court ruled that Kennedy's name had to stay on that state's ballot over his objections. In all three states, Trump polls better in a two-candidate race than he does in a six-candidate race. The state Supreme Court ruling acknowledged "that expediting the process of printing new ballots will require considerable time and effort by our election officials and significant expense to the State." "But our election officials are professionals, and I have no doubt we will rise to the challenge," Bell said.

Persons: Robert F, Kennedy Jr, Donald Trump, Kamala Harris, Trump, Harris, Kennedy, Trey Allen, Allen, Trey, Anita Earls, Allison Riggs, Richard Deitz, Karen Brinson Bell, Bell Organizations: Libertarian Party's, Democratic, . North Carolina, Electoral, North, Michigan Supreme, Trump, White, Republican, U.S . Department of Defense Locations: Washington , U.S, North, Harris, North Carolina, RealClearPolling, ., Wisconsin, Carolina

Asia-Pacific markets were mixed on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year. The S&P 500 gained 1.16%, after posting its worst week since March 2023. The Nasdaq Composite also jumped 1.16% following its worst week in more than two years. China's exports grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed, compared to the forecast of 6.5% and 2%, respectively, in a Reuters poll. Apple just wrapped up an event at its headquarters in Cupertino, California, where it unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus the company announced earlier.

Organizations: Nasdaq, Traders, Apple Locations: Shanghai, China, Asia, Pacific, India, Cupertino , California

☆ Nvidia may be the AI darling, but it's time to start looking at this chip stock, one CIO says
▼ + stars: | 2024-09-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Tema ETFs' Yuri Khodjamirian is keeping a close watch on chip designer Qualcomm Inc . As AI shifts from data centers — an Nvidia "stronghold" — to the " edge ," investors should "start looking at companies like Qualcomm," Khodjamirian said. And "edge AI" is more than about chips — "it's really everything, the silicon content of our mobile phones and PCs, has to go up, because you need better memory; you need better connectivity between the different semiconductors. Qualcomm's shares are currently trading at around 15.3 times forward earnings, while Nvidia has a multiple of around 38, according to FactSet data. 'Emerging Edge AI play' Analysts at KeyBanc Capital Markets are bullish on Qualcomm and have a target price of $225 on the stock, or 55.8% upside.

Persons: Yuri Khodjamirian, CNBC's, It's, Khodjamirian, Cristiano Amon, Leswing, Arjun Kharpal, Michael Bloom Organizations: Nvidia, Qualcomm Inc, Qualcomm, Samsung, Nasdaq, CNBC, Google, KeyBanc Locations: Tema

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Southwest Airlines said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shakeup, moves that come as the carrier faces pressure for changes by activist investor Elliott Investment Management. Elliott in June revealed a nearly $2 billion stake in Southwest, seeking to oust leadership, including CEO Bob Jordan, who has also spent nearly four decades at the carrier. Southwest has also brought in outside experts, including Bob Fornaro, former CEO of Spirit Airlines and AirTran, which Southwest acquired. Southwest has an investor day scheduled for Sept. 26 in Dallas to expand on these and other initiatives.

Persons: Gary Kelly, Kelly, Herb Kelleher, Elliott, Bob Jordan, Bob Fornaro Organizations: Southwest Airlines, Elliott Investment Management, Southwest, Dallas, Texas, Spirit Airlines, Boeing, U.S Locations: Hollywood, Burbank , California, Southwest, Dallas

☆ Treasury yields rise ahead of final inflation prints before Fed meeting
▼ + stars: | 2024-09-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

One basis point is equivalent to 0.01%. The yield on the 10-year Treasury was 2 basis points higher at 3.721%, with the 2-year Treasury yield also up by 2 basis points at 3.691%. Treasury yields rose early Tuesday ahead of the final major inflation prints before the Federal Reserve's September meeting. Treasury yields have stablized after tumbling through last week when a series of labor market releases missed estimates. Debate has erupted over whether the Fed could opt for a 50 basis point rather than a 25 basis point interest rate cut during the Sept. 17-18 meeting.

Organizations: Treasury, Investors Locations: July's

☆ Two key inflation reports this week will help decide the size of the Fed's interest rate cut
▼ + stars: | 2024-09-10 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely expected interest rate cut soon. On Wednesday, the Labor Department's Bureau of Labor Statistics will release its consumer price index report for August. With the issue virtually settled over whether the Fed is going to cut rates when it wraps up the next policy meeting Sept. 18, the only question is by how much. "Inflation data has taken a backseat to labor market data in terms of influence on Fed policy," Citigroup economist Veronica Clark said in a note. "But with markets — and likely Fed officials themselves – split on the appropriate size of the first rate cut on September 18, August CPI data could remain an important factor in the upcoming decision."

Persons: Veronica Clark, Dow Organizations: Federal Reserve, Labor Department's Bureau of Labor Statistics, BLS, CPI, Citigroup, Fed, PPI

☆ Rebecca Cheptegei: Alleged killer of Ugandan Olympian dies from burns, hospital says
▼ + stars: | 2024-09-10 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Cheptegei, 33, who competed in the marathon at the Paris Olympics, suffered burns to more than 75% of her body in the Sept. 1 attack and died four days later. ET) on Monday, said Daniel Lang’at, a spokesperson at Moi Teaching and Referral Hospital in Eldoret in western Kenya, where Cheptegei was also treated and died. “He died from his injuries, the burns he sustained,” Lang’at told Reuters. Local media reported that he had suffered 30% burns when he assaulted Cheptegei as she was returning home from church with her children. Cheptegei, who finished 44th in Paris, is the third elite sportswoman to be killed in Kenya since October 2021.

Persons: Rebecca Cheptegei, dousing, Dickson Ndiema Marangach, Daniel Lang’at, Cheptegei, “, ” Lang’at, ”, Viola Cheptoo, ” Cheptoo, Cheptoo, Agnes Tirop, Ibrahim Rotich Organizations: Reuters, Kenyan, Paris, Moi Teaching, Local, Rights, Tirop’s Locations: Cheptegei, Eldoret, Kenya, Paris, East, Iten

City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty ImagesLONDON — European stocks were mixed on Tuesday, following a more positive session at the start of the week. The more mixed picture for European stocks today comes after regional markets closed higher on Monday, shrugging off last week's negative sentiment. Investors are largely looking ahead to next week's meeting of the U.S. Federal Reserve where an interest rate cut is widely anticipated.

Persons: Mike Kemp, Germany's DAX, shrugging Organizations: CAC, Tech, AstraZeneca, Nasdaq, Investors, U.S . Federal Reserve Locations: London, United Kingdom, The City, Asia, Pacific

☆ No signs of slowing down for sports betting, industry leaders say
▼ + stars: | 2024-09-10 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect the growth to slow down any time soon. As much tailwind as sports betting companies have received from growing legalization and popularity across the country, taxes and ethical concerns have presented difficulties. Several states have a 51% tax on sports betting companies, and Illinois recently approved a tax increase on sports betting revenue. Sports betting has also garnered negative headlines in recent months as professional sports leagues have struggled to effectively stop players from violating betting and gambling rules. The speakers also addressed widespread concerns about whether the nature of sports betting companies' business models discourages them from providing proper guardrails to stop gambling problems.

Persons: Wrigley, Michael Rubin, Matt King, CNBC's Contessa Brewer, Marie Donoghue, DraftKings, Jontay Porter, that's, Christian Genetski Organizations: Chicago Cubs, Philadelphia Phillies, Sports, FanDuel, CNBC, PointsBet's U.S, NBA Locations: Illinois

☆ Trump tells Republicans to shut down government if hardline voter ID bill gets cut from spending bill
▼ + stars: | 2024-09-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Former President Donald Trump on Tuesday said congressional Republicans should pursue a government shutdown if they cannot attach a hardline voting bill to the temporary funding resolution that would keep the government open. "The House Republican CR is an unserious and uncooked product," Senate Majority Leader Chuck Schumer, D-N.Y., said on the Senate floor Tuesday. That same day, the House approved the rule for the CR, which would fund the government until March 2025, with the SAVE Act included. The final House vote to pass the funding bill is set to take place on Wednesday. But even if it passes, the bill would still be dead on arrival in the Democratic controlled Senate.

Persons: Donald Trump, don't, Mike Johnson, Chuck Schumer, Johnson, Trump's, Mitch McConnell, McConnell, Sahil Kapur Organizations: Trump, Republican, Congressional Democrats, Republicans, SAVE, Democratic, Senate, NBC Locations: New York City, U.S, Ky

☆ Bank stock woes hold back the overall market, but Starbucks' new CEO is full steam ahead
▼ + stars: | 2024-09-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

All of our Super Six megacaps were higher, even Club stock Apple was pushing to stay in the green after getting mixed reviews on Monday's iPhone 16 event. That's an interesting line because you could argue that Starbucks needs to pullback its aggressive expansion plans in the world's second-largest economy. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Daniel Pinto, Pinto, JPMorgan's, else's, Jamie Dimon, Wells, Morgan Stanley, ramping, Brian Niccol, Niccol, Buster's, Jim Cramer's, Jim Organizations: CNBC, ., Apple, JPMorgan, Barclays Global Financial Services Conference, Dow, Starbucks, The Club, GameStop, Dave, Jim Cramer's Charitable Locations: Banks, U.S, United States, China

The U.S.-recognized winner of Venezuela’s presidential election on July 28, Edmundo González Urrutia, fled to Spain as President Nicolás Maduro heightened his repression campaign and issued a warrant for his arrest. As human rights abuses and the dismantling of democratic institutions intensified under Maduro, President Donald Trump followed with “maximum pressure” sanctions in an attempt to squeeze him out of office. A Venezuela election body stacked with Maduro backers has declared Maduro the winner of the country’s July 28 election but refused to release vote tallies. Biden resumed deportations of Venezuelans as a condition of the election negotiations with Maduro. “If you want to do something about migration, what you should not do is help make things worse for Venezuelans,” Rodriguez said.

Persons: Donald Trump, Kamala Harris, Trump, Edmundo González Urrutia, Nicolás Maduro, Fernando Rodriguez, Josef Korbel, “, ” Rodriguez, Maduro, George W, Bush, Joe Biden, González, ”, Oliver Stunkel, ” Stunkel, Harris, Jason Marczak, Biden, Rodriguez, Dislodging Organizations: Josef, Josef Korbel School of International Studies, Trump, Chevron, U.S, Carnegie Endowment, International Peace, Carnegie, Northern, Atlantic Council Latin America, Customs, Maduro, NBC Locations: U.S, Spain, Denver , Colorado, Cuba, Venezuela, “, United States, El Salvador, Guatemala, Honduras, Mexico

☆ James Earl Jones, legendary actor known for unmistakable baritone voice, dies at 93
▼ + stars: | 2024-09-09 | by ( Ethan Sacks | Ethan Sacks Writes For Nbcnews.Com. | ) www.nbcnews.com time to read: +4 min

Now a father, Jones continued to work steadily through the 1980s. (He won a second Emmy that night for his supporting turn in the TV movie “Heat Wave,” about the 1965 Watts race riots.) Over the ensuing three decades, Jones continued to work continuously — even after he was diagnosed with Type 2 diabetes in 1995. That he never won an Oscar for a specific movie role, denying him the coveted EGOT, is a lingering symbol of just how much he was underappreciated over a prolific and profound career. Taylor, the UCLA professor, always includes a clip of Jones in the 1987 production of “Fences” in his master class on acting.

Persons: Jones, Chong, ”, ” Chong, “, Matewan ”, Eddie Murphy’s, America ’, ” Morales, Tony, Denzel Washington, execs, Gabriel Bird, Jacqueline Zambrano, ” Zambrano, ‘, ” Jones, Frasier ”, Gore Vidal’s, Taylor, ” Taylor Organizations: “ Star, Walt Disney Television, Getty, Broadway, UCLA Locations: New York, America

Apple is hosting an event at its headquarters in Cupertino, California, where it has unveiled new versions of the iPhone, AirPods and Apple Watch. AppleApple just unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus announced earlier. Apple’s iPhone 16 Pro has a 6.3-inch display, and the Apple 16 Pro Max has a 6.9-inch display, larger than those of previous models, which measured in at 6.1 inches and 6.7 inches, respectively. The iPhone 16. The iPhone 16 Pro starts at $999, and the Pro Max starts at $1,199, Apple said.

Persons: Max, ” Apple, —, Apple, Pro Max Organizations: Apple, Apple Watch, Apple Apple, Apple Intelligence, Pro Locations: Cupertino , California

A shutdown would close federal agencies and national parks, while limiting public services and furloughing millions of workers just weeks before the election. House Republicans have now settled on some lines of attack, which they'll highlight in politically charged GOP hearings and investigations into both Harris and her running mate, Minnesota Gov. House GOP probesAfter spending much of the 118th Congress focused on investigating Biden, House Republicans are now shifting their focus to Democrats’ new presidential ticket. Republicans are also focusing on the botched U.S. withdrawal from Afghanistan in 2021, which the Trump campaign has criticized Harris over. The Trump campaign responded by calling the story "fake news."

Persons: Donald Trump, Joe Biden, Kamala Harris, Harris, Tim Walz, Mike Johnson, it’s, Johnson, Republicans ’, Chuck Schumer, Patty Murray, Biden, Walz, Trump, McCaul, Antony Blinken, ” There’s, The, Jamie Raskin, Robert Garcia, Abdel Fattah El, —, Schumer Organizations: WASHINGTON, Capitol, Republicans, Harris . House Republicans, Minnesota Gov, Republican, SAVE, GOP, noncitizens, Democratic, House Republicans, Education Department, Chinese Communist Party, The Biden, Energy, Biden, Harris Energy, Veterans Affairs Committee, Harris Administration, Democrats, Trump, Washington Post, Justice Department, NBC News Locations: Afghanistan, Trump, Minnesota, China, Egypt

☆ Waffle House CEO Walt Ehmer dies at 58
▼ + stars: | 2024-09-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

ATLANTA — Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday. Steve Helber / AP“His leadership, dedication and warmth touched the lives of many, both within the Waffle House family and beyond. The board of directors for Waffle House issued a statement Sunday afternoon saying Ehmer died after a long illness. Ehmer was chair of the Georgia Tech Alumni Association Board of Trustees from 2012 to 2013 and served numerous organizations, including the Georgia Tech Foundation Board and the Georgia Tech Advisory Board. The Waffle House chain of around-the-clock diners opened in 1955 and now boasts more than 1,900 locations in 25 states.

Persons: Walt Ehmer, Ehmer, Hurricane Florence, Steve Helber, ”, Andre Dickens, “ Organizations: ATLANTA, Waffle, Atlanta Police Foundation, Waffle House, Georgia Tech University, Georgia Tech Alumni Association, Georgia Tech Foundation Board, Georgia Tech Advisory Board, The Atlanta Locations: Wilmington, N.C, Hurricane, Ehmer

Disney and DirecTV are not likely to reach a deal in time for "Monday Night Football" according to people familiar with the matter. As a result of the fight, DirecTV customers were unable to see the U.S. Open and the first full weekend of the college football season. DirecTV alerted customers on Friday to competitor alternatives for watching ESPN and also said it would provide a $30 credit to customers. However, Charter and Disney reached a deal hours ahead of "Monday Night Football" that allowed customers to tune in that night. The dispute between DirecTV and Disney has led to mudslinging between the two companies reminiscent of most carriage fights.

Persons: Rob Thun, Venu —, Venu, Disney, It's, Jimmy Pitaro, Nielsen, Pitaro, Adam Schefter, DirecTV's Thun Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, DirecTV, Disney, FX, ABC, U.S ., CNBC, Walt Disney Co, Fox Corp, Warner Bros, NFL, Federal Communications Commission, Charter Communications, New York Jets, San Francisco 49ers Locations: Jacksonville , Florida, American, U.S

☆ Nelson Peltz steps down as chair of Wendy's board, starting a new era for burger chain
▼ + stars: | 2024-09-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Nelson Peltz is stepping down as chair of Wendy's , ending a 17-year reign at the fast-food chain. "In our view, [Peltz's departure] opens the door for a new chapter under new Chairman Art Winkleblack & new CEO Kirk Tanner," T.D. He is stepping down to devote more time to his other board commitments and Trian Partners' future activities, according to Wendy's. Heinz, is now non-executive chair of Wendy's board. Clarification: This story has been updated to include the combined ownership stake of Trian and Peltz.

Persons: Nelson Peltz, Wendy's, Kirk Tanner, Winkleblack, T.D, Cowen, Andrew Charles, Peltz, Trian, Heinz Organizations: Alpha, PepsiCo, Trian Partners, Trian Fund Management Locations: New York, Wendy's, Trian

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