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China's weakening economy is in the spotlight
  + stars: | 2023-07-10 | 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 EmailChina's weakening economy is in the spotlightCNBC's Michelle Caruso-Cabrera joins 'Power Lunch' to report on the latest in U.S.-China relations.
Persons: Michelle Caruso, Cabrera Locations: U.S, China
The court's conservative majority has taken an expansive view of Second Amendment rights in a nation facing persistent gun violence including mass shootings. The court has widened gun rights in three major rulings since 2008. "The stakes are high for those experiencing domestic violence if violent partners can legally possess firearms," Lungwitz said. The National Rifle Association, an influential gun rights group, did not respond to a request for comment. "By removing those kinds of considerations, it makes constitutional law - and Second Amendment law, in particular - even more removed from the way that ordinary citizens think about constitutional protections."
Persons: Joe Biden's, Zackey Rahimi, Rahimi, Janet Carter, Bruen, James Ho, Donald Trump, Elizabeth Prelogar, Lungwitz, Jacob Charles, Charles, John Kruzel, Will Dunham, Scott Malone Organizations: U.S, Supreme, New York, Circuit, Appeals, Republican, University of Texas School, Law's, Violence, Democratic, National Rifle Association, Pepperdine University Caruso School of, Thomson Locations: WASHINGTON, Texas, New York, New Orleans
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington is overwhelmingly hawkish on China, says Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera and Dewardic McNeal, Longview Global managing director, join 'Squawk Box' to discuss U.S.-China relations ahead of Treasury Secretary Janet Yellen's visit to China this week, and more.
Persons: Michelle Caruso, Cabrera, Dewardic McNeal, Janet Yellen's Organizations: Washington, Cabrera CNBC, Longview Global, U.S Locations: China
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are resilient and tenants are expanding right now, says Caruso Founder Rick CarusoRick Caruso, Caruso founder and executive chair, joins 'Closing Bell Overtime' to talk the state of the retail consumer, resilience in the market and more.
Persons: Caruso, Rick Caruso Rick Caruso Organizations: Consumers
Doing business in China: Risks and benefits for U.S. companies
  + stars: | 2023-06-21 | 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 EmailDoing business in China: Risks and benefits for U.S. companiesMichelle Caruso-Cabrera, CNBC contributor joins 'Squawk Box' to discuss the 'thawing' relations between the U.S. and China, China's economic recovery, and more.
Persons: Michelle Caruso, Cabrera Organizations: CNBC, U.S Locations: China
But for a critical slice of Republicans — those who represent competitive districts in state legislatures or in Congress, who support some degree of abortion rights, or, in some cases, presidential candidates — the issue presents a particularly difficult balancing act. Their decisions and calculations are at the heart of the tensions over the abortion debate within the Republican Party in the post-Roe era. “I was hearing from both sides strongly,” said State Representative Mike Caruso of Florida, a Republican who opposed a measure — ultimately signed by Gov. “It was pretty much a ban on abortion.”“I’ve got seven children, been through nine pregnancies,” he added. “We should suffer electoral consequences if we don’t do what we said we would do.”
Persons: , , Mike Caruso, Ron DeSantis —, ” “ I’ve, Mike Beltran, Florida, Beltran Organizations: Republican Party, Republican, Gov, State Locations: Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China relations are at the worst levels, says Silvercrest's Patrick ChovanecPatrick Chovanec, Silvercrest Asset Management economic advisor, and CNBC Contributor Michelle Caruso-Cabrera join 'Power Lunch' to discuss China politics as it intersects with Washington and Wall Street.
Persons: Silvercrest's Patrick Chovanec Patrick Chovanec, Michelle Caruso, Cabrera Organizations: U.S, Silvercrest, Management, CNBC, Wall Locations: China, Washington
Four strange girls, somewhere between 12 and 200 years old, live in an isolated cabin in the woods. Marlow (Sophia Anne Caruso) is the alpha, bossing the others around — and also bossing the stranded outsiders, because of course there are stranded outsiders in a play that trades on the tropes of a million horror tales. In “Grey House,” the prime trope is coy creepiness. “Grey House,” at the Lyceum Theater, is certainly an in-your-face assault, more in the manner of John Carpenter movies than anything seen onstage since the age of melodrama. But mostly let’s go with the freak-out fun of the four telekinetic weirdos and their den mother, Raleigh, played by Laurie Metcalf in a stringy salt-and-pepper wig that’s almost as frightening as she is.
Persons: Marlow, Sophia Anne Caruso, coy creepiness, comfortingly, , , John Carpenter, Levi Holloway, Joe Mantello, Laurie Metcalf Organizations: Lyceum Locations: , Raleigh
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaruso CEO on luxury retail, real estate demand and consumer spendingRick Caruso, Caruso founder, joins 'Squawk on the Street' to discuss the economy, consumer demand and the real estate market.
Persons: Caruso, Rick Caruso
Shares of online brokerages Futu Holdings and Up Fintech Holding were sharply lower on the Nasdaq Tuesday after they said they'll remove their apps from online stores on the Chinese mainland in response to "rectification requirements" from the Chinese Securities Regulatory Commission. Tencent -backed Futu will remove its Futubull app from app stores in China by May 19, and Up Fintech said it will remove its app, Tiger International, by May 18. Both companies said existing mainland Chinese customers will still be able to trade using the apps. Up Fintech said existing Chinese mainland clients will receive links for instructions on how to update and download the app going forward, while Futu gave a phone number for clients to call. The two Chinese firms stopped accepting mainland Chinese clients at the end of last year after the CSRC started inquiries regarding their cross-border operations, including providing cross-border securities services for domestic investors.
Mark Suster is managing partner of Upfront Ventures, a Los Angeles venture firmSuster's fastidiousness has created what many now consider one of the best tech conferences of the year. But Suster's abrasive, take-no-prisoners approach has also alienated some startup founders and investors. These luminaries were among the 1,000-plus attendees of last month's Upfront Summit, a glitzy, invite-only tech conference organized by Upfront Ventures and its managing partner, Mark Suster, in Los Angeles each year. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit.
"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."
Although I'm currently pretty homesick and jet lagged, I'm blessed with "the life-changing magic of working from home." One worker told my colleague Rebecca Knight how remote work transformed her life and how returning to the office has killed company morale. The stunning failure of Google founder Larry Page's flying-car company. In April 2022, company morale plummeted when it axed one of its most promising projects, those former insiders say. The company put together a thorough document to help managers navigate pay-related conversations with employees, and Insider got a look.
But do you think execs will be OK with their subordinates working remote while they are stuck in the office? Plenty of others, most notably Goldman Sachs' David Solomon, have touted the importance of being in the office (blah blah mentorship model blah blah). Now JPMorgan just laid the blueprint for everyone else to force their own employees back in. Here are more details, including the internal memo, on JPMorgan forcing MDs back into the office. Salt Labs wants to help low- and medium-income workers build wealth via an app that operates like a frequent-flyer program.
The idea is getting replicated from the Bell Labs location, or Bell Works New Jersey, Keating said. The spaces run by Bell Works' own coworking brand, CoLab, are nearly 100% occupied. At Bell Works New Jersey, Zucker partnered with Toll Brothers to build a 185-home 55-and-over community. At BRIC, tenants can take advantage of a dozen art galleries, some of which show the work of building tenants. A lobby area near offices at Bell Works Chicagoland.
The judge ruled mostly in favor of CRF1, originally called the Cuba Recovery Fund. She said the High Court has jurisdiction, the debt was properly assigned to CRF, and that the former central bank is responsible. Yet she ruled that Cuba itself is not a guarantor of the debt, a win for the communist nation. "BNC was the Central Bank of Cuba and remains responsible for managing these unpaid Cuban debts," he said. Lawyers for CRF said the fund can now proceed to a trial to determine whether it can recover "the sovereign debt that in unequivocally owns.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Xi is more powerful today than Mao ever was, says Dennis Unkovic of Meyer, Unkovic & ScottMichelle Caruso-Cabrera, a CNBC contributor, and Dennis Unkovic, partner at Meyer, Unkovic and Scott, join 'Power Lunch' to discuss the strength of China's global influence, U.S. manufacturing dependency on China and the fate of Taiwan.
NBA roundup: Red-hot Knicks outlast Celtics in double OT
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +10 min
Julius Randle added 31 points and nine rebounds for the Knicks, who also received 29 points and 11 rebounds from RJ Barrett. Jayson Tatum had 40 points, 11 rebounds and six assists for the Celtics, who have lost their last two home games. Bennedict Mathurin scored 17 points, Myles Turner added 16 and Chris Duarte had 15 for Indiana. Kelly Oubre Jr. scored 17 points for Charlotte, which dropped its third straight. Walker Kessler (17 points, 10 rebounds) and Kelly Olynyk (15 points, 10 rebounds) each had double-doubles in the loss.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailD.C. is starting to control outbound investments to China over Ukraine tensions, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins 'Squawk Box' to discuss if the war in Ukraine could escalate, if companies will have to migrate out of China soon and more.
The trial ended last week, but it could be months before the judge, Sara Cockerill, renders judgement in the case of CRF vs Banco Nacional de Cuba & Cuba. Her decision is central to whether Cuba may finally be forced to pay back billions of dollars in unpaid debts. At one point the barrister for CRF cited a British property case regarding the lease of a fried fish shop. The question before the judge is of whether the fund has the right to sue Cuba. No matter how the judge rules, the Cuban government will still owe the money.
Understanding the ripple effects of China's spy balloon
  + stars: | 2023-02-06 | 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 EmailUnderstanding the ripple effects of China's spy balloonMichelle Caruso-Cabrera, Council on Foreign Relations member, and Daniel Rosen, Rhodium Group founding partner, join 'Squawk Box' to discuss how investors should operate around the U.S. and China tensions.
The Cuban government and an investment firm are battling in a British court over decades-old debts racked up by the communist-run island nation. Kin Cheung | APIllegally recorded videos, chaotic protests and testimony from an imprisoned Cuban bank official marked the first week of a high-stakes trial in the UK High Court between Cuba and an investment fund. Adding to the intrigue: a court attendee who's a dead ringer for Raul Castro's son and Fidel Castro's nephew, Alejandro. Cuban officials say the man is just a press officer for the Cuban Embassy in the UK. Debt in distressDefaulted sovereign debt, like that of Cuba, trades on the secondary market.
But add a candidate representing the Bernie Sanders wing of the party, Ro Khanna, and a living legend who got her start with the Black Panthers and would become the only Black woman in the Senate, Barbara Lee — now you're talking about a California Senate race for the ages. Reaching voters isn’t easy in California, with a population approaching 40 million and a land mass bigger than that of many countries. But the race will affect the future of the Democratic Party, both in California and beyond. “An appointment would be a way to make sure that this country has the essential voice of a Black woman,” Allison said. And I don’t see and I don’t understand why it isn’t happening.”Meanwhile, as Lee watches Feinstein, Bernieworld is watching Lee.
NBA roundup: Jalen Green, Rockets end 13-game skid
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +6 min
Alperen Sengun added 21 points, seven rebounds and seven assists as Houston ended a 10-game homecourt skid. Brook Lopez had 21 points, Bobby Portis logged 18 points and 10 rebounds and Jevon Carter also scored 18 points for the Bucks. Patrick Williams had a double-double of 18 points and 10 rebounds, while Alex Caruso (12 points) and Coby White (10) also finished in double figures for Chicago. Trae Young paced Atlanta with 21 points and 13 assists, joining Clint Capela (16 points, 12 rebounds) with a double-double. Jordan Clarkson added 18 points for Utah, which has won three of its past four.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichelle Caruso-Cabrera on China's challenges and fight for economic recoveryMichelle Caruso-Cabrera, CNBC contributor, joins 'Squawk Box' to discuss China's economic outlook, the United States' relationship with China and if there are security concerns with investment in China.
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