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In 2014, the "Monte Carlo" actor bought a Mediterranean-style residence in Calabasas, California, for $3.69 million. This Santa Monica mountain view visible from Calabasas. Andy Konieczny/ShutterstockFor her next real-estate purchase, Gomez chose a $3.69 million 7,700-square-foot mansion in Calabasas, a neighborhood that's been home to celebrities including Kim Kardashian, Miley Cyrus, and Justin Bieber. The five-bedroom, six-bathroom home was among Mureau Estates' 11 luxury villas, part of a big, private gated community. The main home, per House Beautiful, featured five fireplaces, a gym, a movie theater, and even an underground wine cellar.
Persons: Monte Carlo, Andy Konieczny, Gomez, Kim Kardashian, Miley Cyrus, Justin Bieber Organizations: Mureau Estates, Teen Vogue Locations: Calabasas , California, Monica, Calabasas, French Montana
New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey's government and Turkish businessmen. Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, and soliciting campaign contributions by foreign nationals. Kathy Hochul, a fellow Democrat weighs whether to force him from office by invoking a never-before-used provision of the city's Charter. Adams is set to be arraigned at noon ET before a magistrate judge, where he is expected to enter a not-guilty plea. District Court Judge Dale Hoe has scheduled an initial conference in Adams' case for Oct. 2, rejecting a request by the mayor's lawyer to hold the arraignment and that conference on a single day.
Persons: Eric Adams, Adams, Kathy Hochul, Dale Hoe Organizations: York City Locations: York, Manhattan, Turkish, city's
US Navy ships operating in the Red Sea shot down a number of Houthi missiles and drones on Friday. AdvertisementUS Navy warships shot down a barrage of Houthi missiles and drones in the Red Sea on Friday in what a Pentagon spokesperson described as a "complex attack." The Houthis said earlier that they targeted three Navy warships with nearly two dozen ballistic missiles, cruise missiles, and drones. The increased Red Sea presence comes amid heightened fears of an all-out conflict between Israel and the Lebanon-based Hezbollah, another militant group backed by Iran. US forces said they destroyed one missile system in Yemen and two drones over the Red Sea during this time period.
Persons: , Sabrina Singh, Singh, they're, Michael Murphy, Houthi, Frank E, Petersen, USS Spruance, USS Stockdale, Spruance, Stockdale Organizations: Pentagon, Service, Navy, US Navy Locations: Iran, Indianapolis, Red, Israel, Lebanon, Gulf, Aden, Yemen
A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.
Persons: Mira Murati's, execs, Ilya Sutskever, , Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC
Sharon Binkey is a part-time nanny with a degree in early childhood education. Binkey, 58, says she'd love to babysit her six grandkids but is estranged from her daughters. AdvertisementThis as-told-to essay is based on a conversation with Sharon Binkey, 58, a part-time nanny and book author from Pittsburgh. AdvertisementI have a real rapport with children and became a nanny about a decade and a half ago. I'm a nanny for a couple I met in churchChildren are — and have always been — my world.
Persons: Sharon Binkey, , Gary, hadn't, they'd, I'd, they're, hasn't Organizations: Service, Business Locations: Pittsburgh, Boston
Lebanese authorities have said that the devices used in the attacks were Gold Apollo Rugged Pager AR-924 pagers and ICOM IC-V82 walkie-talkies. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18, 2024. Yan Zhao/AFP/Getty ImagesThe chairman and founder of Taiwan-based Gold Apollo, Hsu Ching-kuang, was questioned by Taiwanese prosecutors last Thursday before being released. On its YouTube channel and website, Apollo Systems HK said that it had acquired the “sole distribution rights” to Gold Apollo pager systems. Hsu Ching-kuang (L), head of Taiwanese company Gold Apollo, speaks to the media outside the company's office in New Taipei City on September 18, 2024.
Persons: Budapest CNN — Israel, Yoav Gallant, , Shin, Israel, Sean Moorhouse, ” Moorhouse, Mohamed Azakir, , Gold, ICOM, Yan Zhao, Hsu Ching, Hsu, Teresa, Teresa Wu, Wu, Jakub Porzycki, Cristiana, Arcidiacono, , DANS, Dimitar Glavchev, Rinson Jose, Jose, Hassan Nasrallah, ” Nasrallah, , Hassan Ammar, Volker Türk, Pallabi Munsi, Katie Polglase, Tara John, Eyad Kourdi, Avery Schmitz Organizations: Budapest CNN, Getty, Israel, CNN, British Army, American University of, American University of Beirut Medical Center, Reuters, United Nations, UN Security, UN, International, New York Times, Consulting, Budapest, Gold, Prosecutors, BAC Consulting, Apollo Systems Ltd, Taiwan’s International Trade Administration, Apollo Systems, Apollo Systems HK, YouTube, Apollo, AA, , NBC News, Norta Global, Norta, Norwegian Police Security Service, Security, “ Authorities Locations: Beirut, New Taipei City, Budapest, Lebanon, Beirut's, AFP, American University of Beirut, Taiwan, Hungary, Taipei, Taipei City, Hong Kong, United States, Australia, Europe, Bulgaria, Norway, Anadolu, pagers, Sofia, Norwegian, Gaza
Deals valued at $1 billion-plus worldwide are up 22% from a year ago, LSEG data shows. Wall Street executives have been bullish about the burgeoning pipeline for deals. AdvertisementFor Wall Street deal makers, the billion-dollar bangers are back. So what has revived what Wall Street refers to as the "animal spirits," at least when it comes to bigger targets? Other Wall Street bank chieftains, like Ted Pick of Morgan Stanley and Peter Orszag of Lazard, have been bullish about the M&A pipeline.
Persons: , Mars, David Solomon, Goldman Sachs, Solomon, we've, AlphaSense, Ted Pick, Morgan Stanley, Peter Orszag, Hernan Cristerna Organizations: Verizon, Qualcomm, Wall Street, Service, Paramount Global, CBS, Nickelodeon, Verizon Communications, Frontier Communications, Intel, Wall, Lazard, KPMG, Bloomberg Locations: Ukraine
OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The New York Times was first to report on OpenAI's financials earlier on Friday after viewing company documents. OpenAI, which is backed by Microsoft, is currently pursuing a funding round that would value the company at more than $150 billion, people familiar with the matter have told CNBC. Thrive Capital is leading the round and plans to invest $1 billion, with Tiger Global planning to join as well. The company will retain its nonprofit segment as a separate entity, a person familiar with the matter told CNBC.
Persons: ChatGPT, OpenAI, CNBC hasn't, Sarah Friar, Mira Murati, Matt McIlwain Organizations: CNBC, The New York Times, Microsoft, Tiger Global
Massive stimulus from central banks in the U.S., China and elsewhere is driving bubble-like stock returns and could head off a global recession, according to Bank of America. "It's the bubble dream," BofA chief investment strategist Michael Hartnett wrote in his weekly "Flow Show" breakdown of where investors are putting their money. "Fed slashing, oil crashing, China inflating ... and if this China stimulus don't work then geopolitical risks [are] going to soar." But while some indicators do point to a slowing in global growth, the abundant forecasts for recession have eased. "Fed cutting into recession is negative for risk assets, but Fed cutting with no recession is positive and investors firmly of view Fed + China is sufficient policy easing to short-circuit recession risk," Hartnett wrote.
Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Federal Reserve, People's Bank of China, Investors Locations: U.S, China
The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.
Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico
A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.
Persons: Mira Murati's, execs, Ilya Sutskever, , Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC
Moo Deng crypto. Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago. (It should be noted that crypto traders suspect this anonymous Moo Deng booster is an “insider,” since they bought the coin four hours after its creation, per the crypto news site Decrypt. Moo Deng coin is just the latest product of a niche online culture that also birthed Dogecoin (created as a joke to dunk on bitcoin) and Shiba Inu coin (a joke to dunk on Dogecoin).
Persons: Moo Deng, it’s, Deng, Shiba Inu Organizations: New, New York CNN Locations: New York, Thai
Most analysts think that September's top-performing stocks could continue their ascent. September is a traditionally dicey for stocks: It's the worst month of the year for the S & P 500 , according to the Stock Trader's Almanac . With October right around the corner, CNBC Pro used FactSet data to screen for this month's top-performing stocks in the S & P 500 and find out where analysts see them going next. Constellation Energy is up more than 30% on the month, making it September's second-highest performer in the S & P 500. Power company Vistra has surged nearly 196% in 2024, and it's the top performer in the S & P 500 this month.
Persons: Morgan Stanley, David Arcaro, Vistra, Jefferies, Julien Dumoulin, Smith, Raymond James, Brian Gesuale Organizations: Federal, Dow Jones, CNBC Pro, Analysts, Constellation Energy, Microsoft, Constellation, Energy, Software, Palantir Technologies, Oracle, Delta Air Lines Locations: Thursday's
Maggie Smith once said that starring in the "Harry Potter" films "wasn't satisfying" for her. She added that she and Alan Rickman used to complain that their work on the films was mainly reaction shots. AdvertisementDame Maggie Smith is being remembered for her portrayal of the no-nonsense Professor McGonagall following her death at age 89. However, the British actor once said that being part of the Harry Potter films "wasn't satisfying" enough. "I am deeply grateful for the work in 'Potter' and indeed 'Downton,' but it wasn't what you'd call satisfying," she said, referring also to "Downton Abbey."
Persons: Maggie Smith, Harry Potter, Alan Rickman, , McGonagall, Oscar, Potter, Downton, Severus Snape, Warner, Violet Crawley, Dowager, Miss Jean Brodie, Tony, Toby Stephens, Chris Larkin Organizations: Service, Evening, British, Warner Bros Locations: British, Grantham, Downton
See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 5.80%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down.
Persons: they've, Lawrence Yun, Freddie Mac, it's, Fannie Mae Organizations: Federal, National Association of Realtors, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: Chevron, Government
Hurricane Helene’s powerful storm surge flooded streets in coastal areas like St. Pete Beach. Vehicles drive along a flooded road as Hurricane Helene makes landfall in St. Pete Beach, Florida. Joe Raedle/Getty ImagesAt least one person was killed in Tampa after a sign fell on their car, Gov. "We know that travel on the roads can be hazardous, and we typically, unfortunately, will have fatalities in every storm from that," said Gov. "When Floridians wake up tomorrow morning, we're going to be waking up to a state where very likely there's been additional loss of life."
Persons: Pete Beach, Pete, Joe Raedle, DeSantis Organizations: Florida . Vehicles Locations: Florida, Hurricane, St, Pete Beach , Florida, Tampa
CNN —Sean “Diddy” Combs has been accused of drugging and sexually assaulting a woman in another civil lawsuit, marking at least the 12th misconduct lawsuit he’s faced in as many months. “At every visit, Defendant Combs would make her ‘perform a show’ for him and would ply her with alcohol and substances until she passed out,” the suit states. In July 2024, according to the complaint, Combs “commanded” Jane Doe to his home in Miami, Florida, and “shoved two pills in Jane Doe’s mouth” upon her arrival. The complaint states Doe feared for her safety after witnessing Combs physically abuse other women. Combs has been accused in about a dozen civil lawsuits of alleged sexual misconduct and other illegal activity.
Persons: Sean “ Diddy ” Combs, drugging, he’s, Jane Doe, Combs, , ” Combs “, Doe “, Doe, Combs “, ” Jane Doe, Jane Doe’s, , John, ” Marie Napoli, Joseph L, Ciaccio, Sean ‘ Diddy ’ Combs Organizations: CNN Locations: New York, Miami , Florida
Nike on deck to report earnings
  + stars: | 2024-09-27 | 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 EmailNike on deck to report earningsSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Nike as the company prepares to report its earnings next week.
Persons: Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Nike, Grasso Global, Asset Management
Google struck a $2.7 billion deal with Character.ai., largley to rehire AI expert Noam Shazeer, WSJ reported. It's an eye-popping example of how expensive and in demand top AI talent is as competition heats up. AI career experts told Business Insider it's a bit like pro sports — the superstars are worth it. AdvertisementThere are plenty of stories out there about just how ruthless the hiring wars for AI talent have gotten. Grennan predicted this pattern will continue as the AI talent window stays hot for the next three to four years.
Persons: Noam Shazeer, , Shazeer, he's, it's, Mustafa Suleyman, Karen Simonyan, Andree Mendoza, Mendoza, Sergey Brin, Zuckerberg, Meta, Altman, Conor Grennan, Grennan, Noam Shazeer isn't Organizations: Google, Service, Nvidia, Wall Street, Business, Microsoft, Carex Consulting, Big Tech, NYU's Stern School of Business, Wall, Apple
The PDF document is a 271-page opposition research file on former President Donald Trump's running mate, Sen. JD Vance, R-Ohio. But on Thursday, reporter Ken Klippenstein, who self-publishes on Substack after he left The Intercept this year, published one of the files. "If the document had been hacked by some 'anonymous' like hacker group, the news media would be all over it. Three U.S. agencies have publicly attributed the hack and the subsequent distribution of the files to Iran. As president, Trump authorized the assassination of military leader Qassem Soleimani.
Persons: Donald Trump's, Sen, JD Vance, Ken Klippenstein, I'm, Klippenstein, Vance, Hillary Clinton's, Trump, Mohammad Javad Zarif, Qassem Soleimani, Robert, Robert persona's, Elon Musk, Joe Biden's, Hunter, Substack Organizations: European Union, Austria International, Politico, Trump, Google, Microsoft, NBC, National Intelligence, Intelligence, NBC News, New York Post Locations: Iran, China, Russia, Britain, Germany, France, American, R, Ohio, U.S, Substack
Costco installed ID scanners at more than half of its US warehouses and says the system is working. The company also said members have largely shrugged off the latest increase to the annual fee. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. If you are a Costco worker who wants to share your perspective, please contact Dominick via email or text/call/Signal at 646.768.4750. Responses will be kept confidential, and Business Insider strongly recommends using a personal email and a non-work device when reaching out.
Persons: Ron Vachris, , they're, Vachris, Gary Millerchip, We've, Dominick Organizations: Costco, Service, Sam's Club, Business
CNN —Dame Maggie Smith, one of Britain’s best-known actresses whose long career ranged from starring opposite Laurence Olivier in “Othello” on stage and screen, to roles in “Harry Potter” and “Downton Abbey,” has died, her sons announced in a statement shared by their publicist Clair Dobbs. “It is with great sadness we have to announce the death of Dame Maggie Smith. Everett CollectionSmith was made a Dame Commander of the Order of the British Empire in 1990, and from then on was widely known as Dame Maggie Smith. She came to the notice of younger viewers as the strict but fair witchcraft teacher Minerva McGonagall in “Harry Potter and the Sorcerer’s Stone” (2001), also appearing in several “Harry Potter” sequels. In her later years, Smith became a role model for ageing gracefully, a process she handled with her customary charm and wit.
Persons: Maggie Smith, Laurence Olivier, , , “ Harry Potter ”, Downton, Clair Dobbs, Dame Maggie Smith, ” Smith, Smith, William Shakespeare’s “, Olivier’s, Miss Jean Brodie, Neil Simon’s, Judith Hearne, Dowager Countess, Everett, Mussolini, Franco Zeffirelli, Minerva McGonagall, “ Harry Potter, Harry Potter, Violet Crawley, Dowager, Robert Stephens –, , Beverley Cross Organizations: CNN, Chelsea, Westminster Hospital, Oxford University, Oxford Playhouse School, Oxford University Dramatic Society, The Old, British, Acclaim, Atlantic Locations: Ilford, London, Oxford, , , California, British, Florence, Italy, Grantham, “ Downton, Los Angeles
This week, Putin once again rattled the arms-control world by revealing proposed changes to his country’s nuclear doctrine. “In the current version of Russia’s nuclear doctrine, there is no distinction between an aggression by nuclear- and non-nuclear-weapon state,” he wrote. “There are two noteworthy points of departure from the previous 2020 Russian military doctrine,” she wrote on X. “2020 doctrine allowed the use of NW [nuclear weapons] in response to conventional aggression that jeopardizes the very existence of the state. And the results of Zelensky’s visit to the US may soon tell us whether anyone in Washington is listening to Putin’s nuclear talk.
Persons: Vladimir Putin, Putin, Volodymyr Zelensky, Biden, Pavel Podvig, , ” Podvig, , Mariana Budjeryn, Harvard Kennedy, Alexander Nemenov, Budjeryn, Kristin Ven Bruusgaard, ” It’s, Ven Bruusgaard Organizations: CNN, Kremlin, Council, Russian Federation, , Harvard, Getty, Norwegian Intelligence School Locations: Ukraine, Russia, Moscow, Washington, USSR, United States, ” Moscow, AFP, Russian
Smith was well known for roles in the television series "Downton Abbey" and the "Harry Potter" films. Smith later became well known for her role as Professor Minerva McGonagall in the "Harry Potter" films, a role she said helped her bond with her grandchildren. Related storiesBut her most prolific TV role was as Violet Crawley on "Downton Abbey," which earned her three Emmy awards. The series ran for six seasons, and Smith returned for two subsequent "Downton Abbey" films, which were released in 2019 and 2022. She was later diagnosed with breast cancer in 2007 and went through chemotherapy while filming "Harry Potter and the Half-Blood Prince."
Persons: Dame Maggie Smith, Tony, Oscar, Smith, Downton, Harry Potter, , Maggie Smith, Toby Stephens, Chris Larkin, Miss Jean Brodie, Minerva McGonagall, Delahunty, Violet Crawley, dames Judi Dench, Eileen Atkins, Joan Plowright, Sir Christopher Hampton's, Brunhilde Pomsel, Propaganda Joseph Goebbels, Graves, Prince, Sir Robert Stephens, Stephens, Alan Beverley Cross, Anjelica Oswald Organizations: Service, Business, Oxford Playhouse, Broadway, British Academy of Film, Television Arts, HBO, dames, Nazi Locations: British, Umbria, Nazi Germany
The lender disclosed that the Consumer Financial Protection Bureau could punish JPMorgan for its role in Zelle, the giant peer-to-peer digital payments network. In response, JPMorgan issued a thinly veiled threat: "The firm is evaluating next steps, including litigation." Trade groups say that in the aftermath of the financial crisis, banks became easy targets for populist attacks from Democrat-led regulatory agencies. Amid the scrutiny, the bank began warning Zelle users on the Chase app to "Stay safe from scams" and added disclosures that customers won't likely be refunded for bogus transactions. While all of these battles are ongoing, the financial industry has racked up several victories so far.
Persons: JPMorgan Chase, Jamie, Evelyn Hockstein, Tobin Marcus, Joe, Marcus, That's, Biden, Marianne Lake, Zelle, Banks, Jamie Dimon, Dimon, Donald Trump, Kamala Harris, Mark Pittman Organizations: JPMorgan, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, Reuters, JPMorgan Chase, Consumer Financial, Democrat, Republican, Wolfe Research, Services, PayPal, Bank of America, Senate, Electronic, Federal Reserve, U.S . Chamber of Commerce, Northern, Northern District of Texas Locations: Washington ,, Zelle, Basel, Wells Fargo, Northern District
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