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The vote capped a legislative session in California that once again showed the strength of organized labor in the nation's most populous state. They could get unemployment benefits starting in January, which could benefit actors, writers and Southern California hotel workers who have been on strike for months. Organized labor's influence is easily explained by their prolific campaign donations, as they are some of the most reliable source of funds for the Democrats who control the state Legislature. In the spring, lawmakers agreed to Newsom's request to authorize state regulators to punish oil companies for price gouging. But California lawmakers passed bills this year to expand protections for young LGBTQ+ people.
Persons: Robert Rivas, , Pro Tempore Toni Atkins, , Gavin Newsom’s, that's, He's, Newsom, Sen, Shannon, " Rivas, Newsom hasn't, ___ Sophie Austin, Austin @sophieadanna Organizations: California Hospital Association, Lawmakers, Democratic, Pro Tempore, Democrat, Democratic Gov, Republicans, Democrats, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Southern California, San Diego, Mexico, Shannon Grove, Hollister
A look at the best-of-3 first-round series in the WNBA playoffs, which starts Wednesday:No. Season series: Sun, 3-1Game 1: WednesdayConnecticut: The Sun start on offense and defense with Alyssa Thomas, who led the league in rebounding and assists. Connecticut, which made the WNBA Finals last season, had a change in coaches with Stephanie White taking over. New York won the Commissioner's Cup championship beating Las Vegas and is now hoping to win its first WNBA title. Add to that Brittney Sykes, who is one of the top defenders in the WNBA, and Washington could cause problems for New York.
Persons: A'ja Wilson, Wilson, Chelsea Gray, Kelsey Plum, Jackie Young, Candace Parker, Kahleah, Courtney Williams, James Wade, Alyssa Thomas, Thomas, Stephanie White, Brionna Jones, Napheesa Collier, Diamond Miller, Dorka, Teaira McCowan, Natasha Howard, Satou Sabally, Arike Ogunbowale, Rhyne Howard, Cheyenne Parker, Allisha Gray, Monique Billings, Breanna Stewart, Jonquel Jones, Courtney Vandersloot, Stewart, Sabrina Ionescu, Shakira Austin, Elena Delle Donne, Natasha Cloud, Ariel Atkins, Brittney Sykes Organizations: WNBA, Vegas, Aces, Connecticut Sun, NBA, Connecticut, Lynx, Dallas, Wings, Atlanta, Washington, Liberty, New York, Commissioner's, Las Vegas, Mystics Locations: Chicago, Angeles, Vegas, Connecticut, Minnesota, Atlanta, Dallas, York, New, Washington
SACRAMENTO, Calif. (AP) — California may soon lift a ban on state-funded travel to states with anti-LGBTQ+ laws and instead focus on an advertising campaign to bring anti-discrimination messages to red states. California started banning official travel to states with laws it deemed discriminatory against LGBTQ+ people in 2017, starting with Kansas, Mississippi, North Carolina and Tennessee. Since then, the list has grown to include a total of 26 states, most of them Republican-led, following a surge of anti-LGBTQ+ legislation these past few years. California lawmakers in the state Assembly on Monday passed legislation to end the travel ban. Atkins, who is a lesbian, said the travel ban has helped raise awareness about many anti-LGBTQ+ issues, but it has also led to unintended consequences.
Persons: Toni Atkins, Atkins, , Rick Zbur, Gavin Newsom’s, Newsom, Eric Montoya Reyes, Sophie Austin, Austin, Austin @sophieadanna Organizations: Republican, Democratic, , Senate, Gov, Comunidad, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Kansas , Mississippi, North Carolina, Tennessee, Arizona, Utah, Mexico, Southern California
Smucker 's plan to buy Twinkies -maker Hostess Brands is a risky move, if Morgan Stanley's latest research is correct. The firm revisited its August call that a new class of weight loss medications would hamper growth at some food and beverage companies . "Across our coverage, Numerator Insights data highlight that most center-store packaged food companies slightly over-index to consumers with obesity," Kaufman said. Hostess stock soared 19% on the news. Other food stocks with higher exposure to customers with obesity include Conagra , Kraft Heinz and Smucker, the report said, citing the Numerator data.
Persons: Smucker, Morgan Stanley's, Ding Dongs, Morgan Stanley, Pamela Kaufman, Atkins, Nordisk's Wegovy, Kaufman, Kraft Heinz, — CNBC's Michael Bloom Organizations: Hostess Brands, Centers for Disease Control, Nordisk's Locations: U.S, GLP
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Gallup reports 71% of Americans approved of labor unions in 2022 — the highest since 1965. United Airlines struck a preliminary agreement with its pilots union last month for up to 40% raises over four years. Casey Murray, president of the Southwest Airlines Pilots Association, said frequent reassignments can wear pilots down, just as they would passengers. "They need that predictability," he said, adding that the company has made some progress in talks with the pilots' union in recent weeks.
Persons: Michael Wayland, Robert Bruno, Mario Tama, Daniel, Chris, Wells, Shawn Fain, CNBC It's, Melissa Atkins, hadn't, Johnnie Kallas, Cornell's, Casey Murray, UIUC's Bruno, it's Organizations: United Auto Workers, CNBC, UPS, Workers, Boeing, Spirit, Guild of America, Labor, University of Illinois, Striking, Paramount Studios, Getty, Cornell University School of Industrial and Labor Relations, Screen, – American Federation of Television, Radio Artists, Writers Guild of America, U.S . Bureau of Labor Statistics, Gallup, General Motors, Ford Motor, UAW, Deere, CNH, Detroit, Teamsters Union, Delta Air Lines, American Airlines, United Airlines, Netflix, Warner Bros ., WGA, SAG, Hollywood, Southwest Airlines, Southwest Airlines Pilots Association, U.S, Teamsters Locations: Detroit, Amazon, University of Illinois Urbana, Champaign, Los Angeles, Hollywood
AEG estimates the total economic loss by calculating potential losses to UAW workers, the manufacturers and to the auto industry more broadly if the sides cannot reach tentative agreements before the current contracts expire. $825 millionThe UAW has more than $825 million in its strike fund, which it uses to pay eligible members who are on strike. The strike pay is $500 per week for each member – up from $275 in 2022. Assuming 150,000 or so eligible workers, that's all-in weekly strike pay of about $75 million. The UAW is scheduled to hold a procedural strike authorization vote next week, which would grant union leaders the ability to strike, if warranted.
Persons: Michael Wayland, Warren Buffett's Berkshire Hathaway, Shawn Fain, there's, Melissa Atkins, Kristin Dziczek, Rebecca Cook, Stellantis, Fain, Joe Biden, Leah Millis Organizations: United Auto Workers, General Motors, Hamtramck Assembly, CNBC DETROIT, U.S, GM, Ford Motor, New UAW, UAW, Detroit, Bloomberg News, Federal Reserve Bank of Chicago's, Sterling Heights Assembly, Center for Automotive Research, Fiat Chrysler, Ford, Anderson Economic Group, AEG, Deutsche Bank, Reuters Locations: Detroit, Hamtramck, Omaha, Federal Reserve Bank of Chicago's Detroit, Sterling Heights, Sterling Heights , Michigan, U.S, Michigan, Warren , Michigan
The impact of new weight loss treatments is being felt well beyond the health-care industry . During the second quarter, which beat expectations , shoppers were still focused on health and wellness, CEO Doug McMillon said Thursday. Some companies already bar weight loss medications from their insurance plans to keep costs down. Executives said it was tied to an increase in specialty drug use for weight loss and diabetes. Eli Lilly's Mounjaro hasn't yet been approved for weight loss, though some people are taking it off label for that reason.
Persons: Eli Lilly, Joe Scalzo, Scalzo, Atkins, Regeneron, George Yancopoulos, Doug McMillon, WMT, Kroger, Paul Sarvadi, Eli Lilly's Mounjaro, Stephan Tata, Tata hedged, Tata Organizations: Analysts, Novo Nordisk, Co, Simply, Atkins, Walmart, WMT KR, Kroger, Cardinal Health, Drug Administration, Tata Locations: U.S
Norfolk Southern CEO Alan Shaw told CNBC's Jim Cramer that safety is a priority for the railroad and transportation company. "I'm proud of the response in East Palestine, we're making promises, and we're keeping promises," Shaw said. Norfolk Southern was down a little over 3% by Tuesday's close. Findings from the National Transportation Safety Board investigation suggested that supervisors didn't address an engineer's concerns before the accident. Norfolk Southern incurred $800 million in environmental and legal costs as a result of the derailment, according to the company's most recent earnings call.
Persons: Alan Shaw, CNBC's Jim Cramer, Shaw, we're, Tuesday's, didn't, Atkins Organizations: Norfolk Southern, National Transportation Safety Board, Atkins Nuclear, Navy, Norfolk Locations: East Palestine, Norfolk Southern, Ohio, Norfolk, U.S
More than 325 million bottles of champagne were shipped from Champagne in 2022, according to Comité Champagne. More than 325 million bottles of champagne were shipped from Champagne in 2022, surpassing 6 billion euros ($6.6 billion) in sales for the first time, according to champagne trade association Comité Champagne. International brands are aware of the huge impact climate change can have on their businesses. A bar tender pours a bottle of Taittinger Champagne. Matt Hodson Founder of English wine retailer Grape Britannia
Persons: Comité Champagne, Dave Kotinsky, Sandrine Sommer, Moët Hennessy, Matt Hodgson, Francois Nascimbeni, Hodgson, Sommer, Champagne, Claire Sarazin, Tom Hewson Champagne, Sarazin, Tom Hewson, Susy Atkins, who've, Atkins, Taittinger, Pommery, Carlo Paloni, Matt Hodson Organizations: Getty, CNBC, Afp, Bafta Locations: Champagne, United States, Britain, Japan, Ville, Reims, France, Montgueux
August 2 - The visiting Baltimore Orioles, who fortified their pitching by adding right-hander Jack Flaherty at the trade deadline on Tuesday, will try to maintain their dominance of the Toronto Blue Jays on Wednesday night. The Orioles are 7-1 against the Blue Jays and have clinched the season series. The Blue Jays also made a deal with the Cardinals, acquiring shortstop Paul DeJong, who did not play Tuesday. "(DeJong) is an interesting fit for us without the injury," Blue Jays general manager Ross Atkins said. The Blue Jays are scheduled to start left-hander Yusei Kikuchi (8-3, 3.79) on Wednesday.
Persons: Jack Flaherty, Kyle Gibson, Kyle Bradish, Flaherty, Mike Elias, We've, Paul DeJong, Bo Bichette, Santiago Espinal, Ross Atkins, Matt Svanson, Jordan Hicks, Yusei Kikuchi, Grayson Rodriguez, Anthony Santander Organizations: Baltimore Orioles, Toronto Blue Jays, Orioles, Blue Jays, American League East, Louis Cardinals, Cardinals, Jays, Baltimore, AL East, Toronto, Thomson Locations: Toronto
July 26 (Reuters) - A tentative labor deal between United Parcel Service (UPS.N) and the Teamsters union on Tuesday could pressure full-year outlook for the world's largest parcel delivery firm, according to analysts. UPS shares closed down 1.9% on Tuesday signaling investor worries about the labor deal's impact on costs. Analysts say the new agreement could weigh on the company's margins at a time when most operators are cutting costs to protect profits amid an industry-wide slowdown. Susquehanna analyst Bascome Majors expects the new deal could drive UPS' cost per piece 2.5% higher than the brokerage's current expectations. Meanwhile, Wells Fargo analyst Allison Poliniak estimated the new contract could reduce UPS' 2024 earnings per share by more than $1.
Persons: Stephens, Jack Atkins, Majors, Fadi Chamoun, Wells, Allison Poliniak, Aishwarya Nair, Priyamvada, Shounak Dasgupta Organizations: United Parcel Service, Teamsters, UPS, FedEx, Susquehanna, BMO, Thomson Locations: U.S, Bengaluru
In an email to staff, its president said the "rise of short-form video" has sparked new challenges. A new round of layoffs at creator startup Jellysmack shows how much short-form video apps like TikTok have disrupted the creator-advertising ecosystem in just a few years. Jellysmack initially grew its business by helping creators repurpose YouTube videos on other ad-supported platforms like Facebook and Snapchat. Last January, it announced it had set aside $500 million to buy rights to older YouTube videos with the goal of making a profit from future ad earnings. It separately runs a creator-finance division called JellyFi, a program to help celebrities become digital content creators, and a division called JellySmash Productions that helps creators make and distribute content speedily.
Creator economy startup Jellysmack laid off staffers in the US and France on Thursday. The creator economy startup Jellysmack on Thursday laid off staffers in the US and France as part of a larger company restructuring, Insider has confirmed. This news comes shortly after the creator economy startup began hiring for a new M&A leader to help integrate companies that it buys. Jellysmack has had several rounds of layoffs in the last year, and laid of staffers in France in February, as The Information reported. Jellysmack go-to-market 2.0Jellysmack's mission has been to help creators go bigger, by bringing them products, services, and infrastructure that helps them grow.
CNN —Chelsea won its third consecutive Women’s FA Cup in front of a record crowd at Wembley, triumphing 1-0 over Manchester United in the final thanks to a well-taken Sam Kerr goal in the 68th minute. But, ultimately, this was a day for Chelsea and Kerr who held on to win the FA Cup final in front of a record 77,390 fans at a sun-dappled Wembley. “Everyone stuck at it and we got the win.”It was a historic match in so many ways – the first time a women’s FA Cup match had sold out at Wembley, the first time Manchester United had reached the women’s FA Cup final, a world record crowd for a women’s domestic match, and the first time the Video Assistant Referee (VAR) was used in this competition. VAR came into play almost immediately as Leah Galton found the back of the net after just 20 seconds following a sweeping Manchester United attack, but her effort was ruled out for offside. United was appearing in its first major cup final.
Creator company Jellysmack is hiring a new M&A lead to help integrate companies that it buys. Jellysmack said it's interested in M&A and could be "acquisitive in the near future." Creator startup Jellysmack is hiring a new executive to lead its M&A integration practice as the company looks to diversify its business and grow its content portfolio, a company spokesperson confirmed to Insider. "Jellysmack remains interested in the M&A market and could be acquisitive in the near future," the spokesperson said. "The VP, PMI role we are hiring for will ensure the integration of any acquisitions are successful."
Former President Donald Trump is seeking to move his criminal case from New York state court to federal court, his attorneys said during a hearing on Thursday. Trump's lawyers will seek the venue change sometime later Thursday, attorney Todd Blanche said towards the end of the hearing. During the hearing, attorneys for the Manhattan district attorney's office and Trump reiterated previous arguments regarding the proposed protective order. Trump's attorneys slammed the proposed protective order as "extremely restrictive" and argued that it infringes on their client's right to free speech. NBC News and other outlets oppose the prosecutor's proposed protective order to limit the public use of evidence ahead of trial, which includes potentially requiring the sealing or redaction of certain items.
But which diet best meets the dietary guidelines of the American Heart Association? In a new scientific statement, leading experts in nutrition ranked 10 popular diets on their ability to meet the AHA’s evidence-based dietary guidance for heart health, published in 2021. “The American Heart Association says no one should drink alcohol if they haven’t started,” Gardner said. Aimed at doctorsWhile people concerned with heart health can and should use the new AHA ranking of the 10 diets, the scientific statement was written for physicians, Gardner said. Top diets for heart health are predominately plant-based, the AHA statement says.
Annick Lenoir-Peek, a lawyer from Durham, N.C., has struggled with her weight since adolescence. She has tried Atkins and keto and spent thousands of dollars over decades on weight-loss efforts and programs such as Noom, Nutrisystem and WeightWatchers. Since starting Ozempic in late November, she’s lost around 30 pounds. Her cholesterol and glucose levels have improved, and she can eat far fewer calories without feeling hungry, she said. Currently on a trip through Eastern Europe, she said she is doing more tours than she would have at a higher weight.
Big commercial-real-estate players from Brookfield to Fortress are snapping up industrial land. Brookfield is one of several big-name investors that are paying increasing attention to lowly industrial land. Industrial land also generally has lower operating costs and taxes compared to other real estate. It's hard to find big enough portfolios of industrial landThere are challenges, too, in breaking into the business of owning industrial land. Atkins said he has been impressed by the robustness of the IOS market, even with fears about the broader economy.
A former Fox News employee sued the network Wednesday, alleging that the late Fox News chairman and CEO Roger Ailes sexually abused her for years. Ailes allegedly made it clear that if she tried to speak out or stop the abuse, Luhn would experience “severe personal humiliation and career ruin,” according to the suit. Luhn says in the suit that in 2011 she sent a letter to Fox’s general counsel detailing Ailes’ abuse. The suit says the network withheld over 30% of the payment for taxes. The sexual abuse that she suffered while working at Fox News was some of the worst imaginable,” said Luhn’s attorney, Barbara Whiten Balliette, a partner at Reid Collins & Tsai LLP.
This week, he talked about a trip to Costco, and noted how he dislikes the chain's rotisserie chicken. "I think the Costco chicken is the worst rotisserie chicken," he said during his latest "The Dave Chang Show" podcast. He noted how the meat selections are shockingly cheap, which led to a shaming session of Costco's famed rotisserie chicken. Notably, the retailer calls its product "Seasoned Rotisserie Chicken," and "seasoning" is listed on the ingredient label. So, which supermarket has good rotisserie chicken?
Allen Weisselberg, former chief financial officer for the Trump Organization, is scheduled to be sentenced Tuesday for his role in the company's sweeping 15-year tax fraud scheme. As part of his deal with prosecutors, Weisselberg could have faced added time behind bars if he did not testify truthfully at trial, which ended with the Trump Organization being convicted of all counts. Lawyers for the two Trump Organization subsidiaries charged in the case maintained during the trial that Weisselberg was the lone bad actor and the companies shouldn't be held responsible. Had Weisselberg been convicted at trial, he could have faced up to 15 years in prison. At Tuesday's sentencing hearing, the judge will decide whether Weisselberg must go to jail that day or at a later date.
Florida Gov. The Florida inauguration offered a split screen from the national conversation back in Washington, DC, where Republicans performed poorly in the midterms. Florida Gov. Zackary Atkins hangs a street sign with the name of Florida Gov. Retired broadcaster Gene Deckerhoff, who was the voice of the Florida State Seminoles for 43 years, was the MC for the event.
Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.
NEW YORK — Shirley Eikhard, the singer-songwriter who supplied songs for Cher, Emmylou Harris, Anne Murray, Chet Atkins and found lasting fame penning Bonnie Raitt‘s Grammy-winning 1991 hit “Something to Talk About,” has died. Eikhard died Thursday at Headwaters Health Care Centre in Orangeville, Ontario, due to complications from cancer, said publicist Eric Alper. The blues-rock smash hit “Something to Talk About” was written in 1985 and Eikhard had offered it to Murray and other artists, who all declined to record it. Then years later Raitt left a message on Eikhard’s phone saying she she’d just recorded it. Raitt said later she’d discovered the song on a demo Eikhard had sent and admired it.
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