Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "217"


25 mentions found


Given this outlook, the firm lifted its price target to $70 from $65, reflecting 24% upside from Thursday's close. — Samantha Subin 6:20 a.m.: Citi trims price target on Roblox, cites slower bookings growth Citi cut its price target on Roblox to $40 from $52 a share as the gaming platform grapples with a deceleration in bookings growth. "We are updating our model to account for 1Q24 results and our latest outlook," wrote analyst Jason Bazinet. For 2025, Citi now expects bookings growth of 14% versus 21%, or 4% below consensus. The firm expects bookings growth of 10% in 2026, which is 11% below consensus.
Persons: Macquarie, Jefferies, Reddit, Ronald Josey, OpenAI, Josey, – Samantha Subin, Mark McLaughlin, McLaughlin, — Samantha Subin, Jason Bazinet, DAUs, Bazinet, Craig Siegenthaler, Siegenthaler, Robinhood, — Fred Imbert, Morgan Stanley downgrades Baidu, Morgan Stanley, Gary Yu, Yu, Ellie Jiang, JD, Jiang, Laurence Alexander, Alexander Organizations: CNBC, DuPont, OpenAI, Bank of America, Citi, Baidu, Macquarie, Jefferies, DuPont de Nemours Locations: China, 3Q24, Robinhood, Underperform, Thursday's, JD.com
That's why its sales are so popular—and right now, you can find some incredible savings from the store's ongoing Anniversary Sale. Whether you need a dependable camp chair, a lightweight daypack, or a new sleeping pad, REI's Anniversary Sale deals have you covered. Though you don't have to be one to save big during REI's sale, REI members can save even more during this sale. REI Anniversary Sale Quicklinks Flash Deals : Get up to 50% off select items through May 20.: Get up to 50% off select items through May 20. Shop at REIFor even more great deals, check out the rest of REI's Anniversary Sale here.
Persons: Coleman, REI, REI REI, REI Nemo Organizations: Business Locations: Patagonia, Ruffwear
Read previewOf the more than 15 million cars sold in the US last year, none wore the badge of a Chinese car brand. With the government's existing 27.5% tariffs on Chinese-made cars and Tuesday's new 100% tariffs on Chinese-made EVs imported to the US, the situation isn't likely to change anytime soon. AdvertisementAccording to Automotive News data, US consumers purchased more than 104,000 Chinese-made vehicles in 2023, up 45% from 2022. Americans bought another 28,000 Chinese-made cars during the first quarter of 2024. Here's a closer look at the Chinese-made cars on sale in the US.
Persons: , Volvo's, Here's Organizations: Service, EV, SAIC, Business, Buick's, Automotive News, Buick, Lincoln, Volvo, Geely Automotive, Biden Locations: China, Polestar, South Carolina
Read previewCivil rights groups initiated a class-action lawsuit on Monday, accusing an Iowa sheriff's department and its sheriff of unlawfully collecting jail fees and using some of the proceeds to fund laser tag, ice cream, and a cotton candy machine. Laser tag, ice cream, and cotton candy machinesAccording to the lawsuit, the policy is a money maker for Black Hawk County Sheriff's Office. It said that the department collected $590,217.36 in jail fees between July 2021 to July 2023. AdvertisementSome counties don't collect jail fees at all because they see the practice as unfair, the ACLU and Public Justice said in a joint statement. In the joint statement by the ACLU and Public Justice, Roberts said she wanted to take a stand against the practice.
Persons: , Tony Thompson, Rita Bettis Austen, Sheriff Thompson, Raymond, Leticia Roberts, Roberts, Charles Moore Organizations: Service, Business, Court, Nothern District of, American Civil Liberties Union of Iowa, Public, Sheriff's, ACLU, Public Justice Locations: Iowa, Hawk, Nothern District, Nothern District of Iowa
AdvertisementAmazon will report earnings on Tuesday after the closing bell and Wall Street has its eye on a few key details heading into the call. AdvertisementBofA analysts reiterated their "Buy" rating and $204 price target for the stock, implying a 13% upside from its current levels. AdvertisementAnalysts raised their price target for Amazon stock to $217, implying a 20% upside. The firm maintained its "Buy" rating and $220 price target, implying a 22% upside from the stock's current levels. The firm maintained its "buy" rating and $205 price target for Amazon stock, implying a 14% upside from current levels.
Persons: Goldman Sachs, , Needham, Andy Jassy's, Wells Organizations: Investors, Service, Amazon, Amazon Web Services, Bank of America, Enterprise, Needham Locations: Wells Fargo
Rep. Donald Payne Jr. dies at age 65
  + stars: | 2024-04-24 | by ( Rebecca Shabad | Julie Tsirkin | Bridget Bowman | ) www.cnbc.com   time to read: +3 min
Rep. Donald Payne Jr., D-N.J., has died at the age of 65 after several weeks of being hospitalized following a "cardiac episode" in early April. "Deeply saddened by the passing of Congressman Donald Payne Jr., a good friend, highly effective public servant and compassionate leader. Payne succeeded his father, Rep. Donald M. Payne, who also died in office. Payne Jr., was a member of the Congressional Black Caucus and served on the House Homeland Security and Transportation and Infrastructure Committees. The special primary election must be held between 70 and 76 days after the governor's proclamation, and the special general election must be held between 64 and 70 days after the primary election.
Persons: Donald Payne Jr, Phil Murphy, Donald, Murphy, didn't, Hakeem Jeffries, Payne, Donald M, Payne Jr, Biden, Mike Gallagher Organizations: New, New Jersey Gov, New Jersey Globe, Congressional, Congressional Black Caucus, House Homeland Security, Transportation, Infrastructure, The New, The New Jersey Department, Daily, Republicans Locations: New Jersey, Newark, D, Essex, Hudson, Union, . New Jersey, The, The New Jersey, Payne's
CNN —US Rep. Donald Payne Jr., a New Jersey Democrat, has died, Speaker Mike Johnson announced on Wednesday. “We are saddened to be informed of the passing today of congressman Donald M. Payne, Jr.,” Johnson said in a post on X. His father, Donald Milford Payne, was the first Black congressman to represent the state and served in the seat from 1989 until his death in 2012. Donald Payne Jr. was involved with a number of health-related caucuses and helped introduce related legislation in Congress, including serving as a co-chair of the Congressional Colorectal Cancer Caucus, Congressional Men’s Health Caucus and the Congressional Peripheral Artery Disease Caucus. “The Congressional Black Caucus has been very clear to President Trump that African-American communities have a lot to lose under his administration,” Payne said in a press release at the time.
Persons: Donald Payne Jr, Mike Johnson, , Donald M, Payne , Jr, ” Johnson, Phil Murphy, Donald Payne , Jr, ” Payne, Payne, Donald Milford Payne, Donald Trump, Trump, Murphy, Mike Gallagher, Johnson, Ethan Cohen, Kristin Wilson Organizations: CNN, New, New Jersey Democrat, . New Jersey Democratic Gov, New Jersey’s, Cancer Caucus, Congressional, Health Caucus, Disease, Congressional Black Caucus, Caucus, House Transportation, Infrastructure Committee, Democratic, Gov, Wisconsin Republican, House, Republicans Locations: New Jersey, .
His brokerage account mainly holds dividend and technology stocks and an S&P 500 index fund. AdvertisementHe also began buying the NEOS S&P 500 High Income ETF (SPYI), which launched in August 2022. It also beat out similar funds, such as the JP Morgan Equity Premium Income ETF and the Global X S&P 500 Covered Call ETF, throughout 2023. Portfolio VisualizerFor this reason, he decided to bet on an ETF similar to SPYI that went live in January 2024: the NEOS Nasdaq-100 High Income ETF (QQQI). It's also subject to the 60/40 tax rate, which means that only 40% of the fund's gains are subject to the higher short-term capital gains tax rate.
Persons: , Austin Hankwitz, Roth, Ethereum, Hankwitz, it's, It's, Austin Organizations: Service, Business, Morgan, Nasdaq, SPYI, JPMorgan Nasdaq Equity
Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.
Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco
Wholesale prices rose 0.2% in March, less than expected
  + stars: | 2024-04-11 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. Excluding food and energy, the core PPI also rose 0.2%, meeting expectations. The release comes a day after the BLS reported that consumer prices again rose more than expected in March, raising concerns that the Federal Reserve will be unable to lower interest rates anytime soon. However, wholesale prices for final demand food and goods less food and energy climbed 0.8% and 0.1%, respectively. That contrasted with the consumer price index, which showed gasoline up 1.7% on the month.
Persons: Dow Jones Organizations: Dow, Labor Department's Bureau of Labor Statistics, PPI, BLS, Federal Reserve, Labor Department, Group
New York CNN —Delta Air Lines reported vastly improved earnings in the first quarter, and the company said results should remain strong the rest of the year. Delta predicted it would report record revenue in the second quarter, it said it expects thinner profit margins. So it now expects earnings per share of between $2.20 to $2.50, which would be down from the record adjusted earnings per share of $2.64 a year ago. Delta has no 737 Max jets in its fleet currently, although it has placed orders for some of the jets. In July 2022 it placed an order for 100 of the Boeing 737 Max 10 jets, the largest version of the Max.
Persons: Ed Bastian, Max, , Scott Kirby, Bastian didn’t, Organizations: New, New York CNN — Delta Air Lines, Wall, Delta, Boeing, United Airlines ’, Southwest, Airbus, Alaska Airlines, Max, Federal Aviation Administration, Alaska Air, United Airlines Locations: New York, Atlanta, Alaska
CNBC Pro combed through Wall Street research to find tech stocks to buy as the second quarter gets underway. They include Microsoft, Amazon, Pinterest, Alphabet and Nvidia. Alphabet Alphabet is lagging a number of its Big Tech peers, but the search giant is worth buying, according to Bank of America. Alphabet - Bank of America, buy rating "In 1Q'24, Alphabet stock has underperformed broader markets and peers. Microsoft - Jefferies, buy rating "While material revs are unlikely until late '24 into '25 and with Semis outperforming Software, investors should start positioning now.
Persons: OpenAI, Jefferies, Brent Thill, Thill, Justin Post, Mark Mahaney, Pinterest, Mahaney, Wells Fargo, , GOOGL Organizations: Wall Street, CNBC, Microsoft, Nvidia, Big Tech, Bank of America, Post, Amazon, Jefferies, outperforming Software, ISI, Mizuho Locations: OpenAI, Wells, North America, China
Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. The unemployment rate edged lower to 3.8%, as expected, even though the labor force participation rate moved higher to 62.7%, a gain of 0.2 percentage point from February. "This report and the February report showed some broadening in terms of job creation, which is a very good sign." Stocks have tumbled this week amid concerns that a strong labor market and resilient economy could keep the central bank on hold for longer than expected. Correction: The unemployment rate edged lower to 3.8%.
Persons: Nonfarm, Dow Jones, Lauren Goodwin, Jerome Powell Organizations: Dow, Labor Department's Bureau of Labor Statistics, Wall, Retail, New York Life Investments, Federal Reserve, Stock
Morgan Stanley initiates Compass Pathways at overweight Morgan Stanley said in its initiation of Compass that it's bullish on shares of the mental health biopharma company. Morgan Stanley reiterates Taiwan Semiconductor as overweight Morgan Stanley said it's standing by its overweight rating on shares of TSM. Morgan Stanley reiterates Delta as a top pick Morgan Stanley said Delta's push into "premium" will reward investors. Bank of America reiterates Micron as buy Bank of America said it sees further share gains for Micron. Morgan Stanley reiterates Planet Fitness as overweight Morgan Stanley said it's standing by its overweight rating on the fitness company.
Persons: Jefferies, Goldman Sachs, Goldman, it's, it's bullish, Hunt, Werner, Robinson, Morgan Stanley, Delta, Wells, Evercore, Bill, Tesla, Oppenheimer, Sweetgreen, Baird downgrades, Baird, Tommy Bahama Organizations: Microsoft, Barclays, Barclays downgrades J.B, J.B, C.H, Taiwan Semiconductor, DAL, " Bank of America, Nvidia, Broadcom, Bank of America, Micron, Devon Energy, Bloom Energy, Energy, Disney, underperform Bank of America, Baird downgrades Fifth, Bancorp, Royal Caribbean, Citi, Citigroup Inc, Royal Caribbean Cruises Ltd, TPG Inc, TPG, TE Connectivity, Chevron Corp, Citi downgrades Oxford Industries Locations: TSM, Wells Fargo, Devon, F1Q, Cincinnati, Royal, Oxford
The embattled businessman is now facing eviction for one of his warehouses in Minnesota. Lindell's company owes more than $217,000 in rent to its landlord, per the Star Tribune. 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 . AdvertisementMike Lindell's MyPillow is getting evicted from one of its Minnesota warehouses, the Star Tribune, a local Minnesota newspaper, reported on Tuesday.
Persons: Mike Lindell, , Mike Lindell's MyPillow, MyPillow, Sara Filo, Filo Organizations: Star Tribune, Service Locations: Minnesota
The ex-soccer chief, Chen Xuyuan, was jailed on Tuesday alongside multiple senior sporting executives, according to state media, following a months-long investigation. Five years later, the Chinese soccer association unveiled a plan to make the country a “world football superpower” by 2050. The Chinese men’s soccer team currently sits third in its FIFA World Cup qualify group, with four points, behind group leader South Korea, and second placed Thailand. Last Thursday, the team drew 2-2 with city-state Singapore, in a major blow to the country’s World Cup 2026 dream. The two sides face off again, on Tuesday, in what is being billed as a crunch match for underperforming China.
Persons: Chen Xuyuan, Xi, Chen, Yu Hongchen, Li Tie, , , Chen Yongliang, Yu, Dong Zheng Organizations: Hong Kong CNN, league, Chinese Super League, Winter, men’s, soccer, FIFA World, South Locations: Hong Kong, Chinese, Hubei, Huangshi, China, South Korea, Thailand, Singapore
Republicans in Congress continue sprinting for the exits. Representative Mike Gallagher, Republican of Wisconsin, announced on Friday afternoon that he would resign from Congress months earlier than expected on April 19, bringing the already minuscule Republican majority down to a lonely one vote. After his departure next month, Republicans will control 217 House seats to the Democrats’ 213, allowing the G.O.P. to afford only a single defection from the party line on votes when all members are present. He said simply that “after conversations with my family, I have made the decision to resign my position,” and that he had “worked closely with House Republican leadership on this timeline.”But leaders had not anticipated it.
Persons: Mike Gallagher, Gallagher, , Mike Johnson Organizations: Republican, Chinese Communist Party Locations: Wisconsin
GOP Rep. Mike Gallagher of Wisconsin will resign from Congress early, handing another blow to Speaker Mike Johnson and his razor thin Republican majority. Once Buck and Gallagher leave, Johnson will be down to a 217-to-213 majority, meaning Republicans will only be able to lose one vote with full attendance and still be able to pass legislation. Gallagher is chairman of the high-profile Select Committee on the Chinese Communist Party, and Gallagher noted the hunt for a new chair once he departs in his announcement. House Majority Leader Steve Scalise downplayed the tightening majority. “It is tough with a five-seat majority, it is tough with a two-seat, one will be the same,” Scalise told CNN.
Persons: Mike Gallagher, Mike Johnson, Gallagher, , Ken Buck, Buck, Johnson, “ I’ve, ” Gallagher, Steve Scalise, ” Scalise, , , Majorie Taylor Greene Organizations: Republican, NBC News, Chinese Communist Party, CNN, House GOP, House Republicans, GOP Locations: Wisconsin, Colorado, Georgia
BRUSSELS (AP) — The European Union is pressing ahead with a plan to use the profits generated from billions of euros of Russian assets frozen in Europe to help provide weapons and other funds for Ukraine, a senior official said Tuesday. The move comes as Ukraine runs dangerously low on munitions, and U.S. efforts to get new funds for weapons have stalled in Congress. A small group of member countries, notably Hungary, refuse to supply weapons to Ukraine, so these windfall profits would be divided up. The European Central Bank, or ECB, has warned in the past against seizing Russian assets as this could undermine confidence in the euro currency and EU markets. But Borrell said that no assets would be taken, only the windfall profits they make.
Persons: Josep Borrell, , ” Borrell, Borrell, Alexander De Croo Organizations: Ukraine, EU, European, Parliament, European Central Bank, ECB, Belgian Locations: BRUSSELS, Europe, Brussels, Ukraine, U.S, Russian, Belgium, Hungary, russia, ukraine
In the paid streaming wars, where only a few players will be favored, Disney has established itself as a formidable No. Disney has been pushing a lower-priced ad tier and cracking down on password sharing to drive subscriber growth at Disney+. To see what Disney and Hulu pay for certain jobs, Business Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles. Disney Streaming — $120,000 to $385,057 a yearDisney streaming roles, not including Hulu, Disney has offered between $120,000 and $385,057 a year to some candidates on US work visas.
Persons: Bob Iger, It's, Hulu, Elaine Low, Colin Salao Organizations: Disney, Netflix, ESPN, Star, Business, Netflix's, Hulu, Disney's, Fox Corp, Warner Bros, US, of Foreign Labor, Labor, Consumer, Software Engineering, Data Engineering, Business Intelligence, Software, Account, Growth, Hulu —, Management, Security, Network, Disney Entertainment, Disney Financial Services, Human Resources Services, Workforce Technology, Engineering, Disney Parks Technology, Technology, Digital, Retail Commerce, Disney Worldwide, Walt Disney Attractions Technology, Walt Disney Parks and Resorts, Walt Disney Pictures, & $ Locations: Hulu, Disney
What to expect in Friday’s jobs report
  + stars: | 2024-03-07 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
New York CNN —Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January. In fact, it would continue a history-making stretch of labor market expansion. Friday’s jobs report could very well provide a more reliable read on what’s actually happening in the labor market than the jobs reports of recent months’ past, Julia Pollak, chief economist at ZipRecruiter, told CNN. “And so, February might give us a better understanding of the underlying rate of job growth,” she said. What the other labor market data is showingOther economic data released this week reinforces the idea that the US labor market is cooling but remains on solid footing.
Persons: New York CNN — Don’t, Julia Pollak, autoworkers, what’s, hasn’t, Nixon, ” Ron Hetrick, Gus Faucher, stayers ”, Faucher, , ” Nela Richardson, outplacement, ” Andrew Challenger, Lydia Boussour, EY, Organizations: New, New York CNN, CNN, of Labor Statistics, PNC Financial Services, BLS, Labor, Boomers, ADP, Challenger, , Labor Department Locations: New York, US
Layoff announcements in February hit their highest level for the month since the global financial crisis, according to outplacement firm Challenger, Gray & Christmas. From a historical perspective, this was the worst February since 2009, which saw 186,350 announcements as the worst of the financial crisis was seemingly coming to an end. "As we navigate the start of 2024, we're witnessing a persistent wave of layoffs," said Andrew Challenger, the firm's labor and workplace expert. Layoff announcements at financial firms have risen 56% compared with the first two months of 2023. It's worth noting that last year alone, AI was directly cited in 4,247 job reductions, suggesting a growing impact on companies' workforces," Challenger reported.
Persons: Andrew Challenger Organizations: Wall, Challenger Locations: Lake Forest , CA
The man, who is not named in the correspondence in compliance with German privacy rules, reported receiving 217 Covid shots between June 2021 and November 2023. Raising suspicionsAccording to his immunization history, the man got his first Covid vaccine in June 2021. The adaptive immune system is the subsection of the immune system that learns to recognize and respond to specific pathogens when you encounter them throughout your life, Miller said. Last week, the CDC updated its guidance to recommend an additional dose of the current Covid vaccine for people 65 and older. Less than a quarter of adults and only 13% of children in the US have gotten the most recently recommended Covid vaccine, according to CDC data.
Persons: hypervaccination ”, , Emily Happy Miller, ” Miller, , Dr, Kilian Schober, Friedrich, hypervaccination, ” Schober, Schober, Miller, Hypervaccination, that’s, Johnson, Sanjay Gupta Organizations: CNN, Albert Einstein College of Medicine, Alexander University Erlangen, Red Cross, RTL, Pfizer, Moderna, Johnson, Sanofi, CNN Health, Centers for Disease Control, CDC Locations: Magdeburg, Nürnberg, Saxony, Dresden, Eilenburg, United States
Sen. Elizabeth Warren has criticized Corizon successor company YesCare for its opaque corporate structure. Yet Geneva's track record is scant; it only incorporated in November 2021, six months before it got the YesCare contract. AdvertisementOnly one agency with a YesCare contract told BI it was aware of the extent to which YesCare had outsourced its operations. AdvertisementAn October 2022 YesCare bid document, submitted to the Alabama Department of Corrections, says PharmaCorr will dispense all prescription medications for YesCare. AdvertisementThe agreement between Geneva and prison healthcare provider YesCare requires YesCare to pay at least $500,000 a month to Geneva.
Persons: Sen, Elizabeth Warren, Corizon, YesCare, , Dick Durbin, Raphael Prober, Prober's nonanswer, Warren, Christopher M, Lopez, Robert Green, Corizon —, Green, Lori Mayer, Aaron Kaufman, Chris Atkinson, Joel Landau, Tehum, Martin Horn, Alabama Department of Corrections YesCare, Thomas Mailey, Bryan Baker, Isaac Lefkowitz, Perigrove, — Lefkowitz, Lefkowitz, David Gefner, Gefner, Storm Harper, PharmaCorr, Jeff Sholey, Steven Weiss, Atkinson, Sara Tirschwell, Zalman Shapiro, Tirschwell, Michael Farrier, Jeffrey Sholey, Judge Lopez Organizations: Service, Corizon Health, Business, Getty, YesCare Holdings, Justice Department, Tehum Care Services, Geneva Consulting, Genesis Healthcare, BI, Geneva, American Correctional Association, . Maryland Department of Public Safety, Correctional, CHS, PharmaCorr, University of West, of Health, Allure, New York State Department of Health, Public, New York City Department of Correction, Alabama Department of Corrections, Alabama, New York State Department of Corrections, Community Supervision, Doña, Okaloosa, LinkedIn, YesCare, YesCare . Alabama Department of Corrections, Gefner, Court, Western, of, Corizon's, Florida's, Florida's Hillsborough County Sheriff's, Tehum's Locations: Missouri, Houston, Texas, Geneva, Florida, Alabama, New Jersey, YesCare, University of West Florida, Connecticut, Massachusetts, Riker's, Doña Ana County, New Mexico, Okaloosa County , Florida, Wyoming, Maryland, Colorado , Florida, North Carolina, Suffern , New York, YesCare's Alabama, of Missouri, Florida's Hillsborough County
My family took a weeklong Disney Cruise for $6,217, or about $888 a night. Our deluxe family ocean-view stateroom had 300 square feet of space, including the veranda. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI'm a lover of the Disney theme parks, but I was never enticed to take a Disney Cruise until I had my daughter. We sailed on the Disney Fantasy in a deluxe family ocean-view stateroom with a veranda, which had about 300 square feet of space.
Persons: Disney Cruise, stateroom, Organizations: Service, Disney, Disney Cruise
Total: 25