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☆ Nelson: We moved from 'buy' to 'hold' due to growth concerns.
▼ + stars: | 2024-10-10 | 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 EmailNelson: We moved from 'buy' to 'hold' due to growth concerns. Garrett Nelson, Senior Analyst at CFRA, is cautious ahead of Tesla's Robotaxi event, maintaining a "hold" rating due to concerns about growth slowing and rising costs, especially after the recent stock rally.

Persons: Garrett Nelson Locations: Tesla's

☆ Tesla is approaching its 'most hyped' event in a decade. Here's what Wall Street is expecting from Robotaxi Day.
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Tesla is about to unveil its Robotaxi, the self-driving car Elon Musk has talked about for years. Tesla will host its long-awaited Robotaxi event on Thursday, where the company is set to unveil the self-driving car Musk has teased for years. Tesla shares slumped earlier this year after Musk moved the Robotaxi event from August to October, which fueled concerns about the new technology. Tesla is hosting the Robotaxi event at Warner Bros. That venue may be able to demo the self-driving car with a Hollywood polish, analysts have said.

Persons: Tesla, Elon Musk, —, Elon, Jay Woods, They've, Woods, Musk, UBS Tesla, Wedbush, Garrett Nelson, Nelson, CFRA Organizations: Service, Freedom Capital, Schwab Network, UBS, Warner Bros, Bloomberg, Truist Securities Truist Securities, Optimus, Wedbush, Tesla, CFRA Research Locations: Hollywood

☆ Why $3 billion Crestline Summit believes it's different from the 'indentured servitude model' of its multimanager rivals
▼ + stars: | 2024-10-09 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

For others, such as the $3 billion hedge-fund platform Crestline Summit, it is a part of their expansion plans. One such manager is former Citadel PM Josh White, who started trading at his London-based Regents Gate earlier this year with capital from Crestline. Advertisement"Some of our competitors are kind of an indentured servitude model," said Scott Nelson, who runs the client partnership group. The brand the firm is trying to push externally is that they are "capital partners, not capital providers," Nelson said. AdvertisementA person familiar with the manager's flagship strategy said Crestline was up nearly 12% in 2023, besting funds such as Point72 and Millennium.

Persons: —, Caroline Cooley, Crestline, we're, ExodusPoint, Michael Gelband, Neilson Arbour, multimanagers, Arbour, Cooley, Josh White, Scott Nelson, Nelson Organizations: Service, of, Crestline Summit, Texas, Citadel Locations: Texas, The Texas, of Texas, New York, London, Crestline

I'm still a big fan of taking out life insurance, so I suggested a cheap life insurance plan I found from Corebridge Direct. To help settle our argument, I asked certified financial planner Ryan Nelson if buying cheap life insurance is worthwhile or if it's better to invest that money elsewhere. Those who achieved financial independence might not need a cheap life insurance planI asked Nelson if there was anyone who would be better off skipping out on paying for a cheap life insurance plan. In these circumstances, I'd strongly recommend they connect with an advisor that does not sell life insurance," Nelson said. That means that a cheap life insurance plan is better than not having one at all.

Persons: Ryan Nelson, —, We've, I'm, Nelson, it's, I'd Organizations: Service, Corebridge

☆ More Black and Latina women are leading unions — and transforming how they work
▼ + stars: | 2024-10-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +8 min

Women make up roughly half of U.S. labor union membership, but representation in top level union leadership positions has lagged, even in female-dominated industries and particularly for women of color. Data from the U.S. Department of Labor shows that Black and Latina women experience a particularly wide gender pay gap. Juliana Yamada / APBlack and Latina women are driving labor union growth in the U.S. amid a decades-long decline in membership. In 2023, Black women’s union membership rate notched a slight bump from 10.3% to 10.5%, while Latinas went up from 8.5% to 8.8%. Momentum for Black and Latina women rising into labor union leadership has picked up in the last five years.

Persons: ”, Lane Windham, Gwen Mills, María Mata, Juliana Yamada, Black, Latinas, that’s, Liz Shuler, I’m, ” Shuler, Becky Pringle, Bonnie Castillo, Verrett, we’ve, ” Verrett, Emily Twarog, Lisa Lujano, Stacy Davis Gates, ” Pringle, Maria Mata, Mata, “, It’s, Keturah Johnson, Sara Nelson, Johnson, she’s, “ We’re, Coke, ” Johnson Organizations: Latina, Georgetown University, U.S . Department of Labor, AFL, National Education Association, National Nurses United, Service Employees International Union, Associated Press, University of Illinois, U.S . Bureau of Labor Statistics, Carpenters Union, Teachers, Chicago Teachers Union, CTU, United Teachers Los, ” Hospitality, AFA, CWA, United Airlines, Alaska Airlines, Frontier Locations: U.S, San Francisco, University of Illinois Urbana, Champaign, Chicago, United Teachers Los Angeles, Francisco

☆ Picking up extra jobs, canceling classes, and huddling in a Walmart: How North Carolina college students are navigating Hurricane Helene
▼ + stars: | 2024-10-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

Hurricane Helene has devastated communities in North Carolina. "There was a crowd of about 100, 200 students sitting in the middle of a Walmart in the tech department trying to call our parents," Nelson told Business Insider. AdvertisementAbby Nelson, a WCU student, had to huddle in a Walmart to call her parents after Hurricane Helene hit. AdvertisementAshley Wahlers and Asa Hoffman left UNC Asheville after Hurricane Helene hit the campus. Courtesy of Aly AndrewsRecovery efforts for Hurricane Helene continue.

Persons: Helene, —, Abby Nelson, Nelson, Nelson wasn't, Hurricane Helene, they're, That's, I'm, it's, Asa Hoffman, Ashley Wahlers, Hoffman, Wahlers, he's, he'll, she's, Aly Andrews, Andrews, Joe Biden's, Patrick Curry, Curry Organizations: North Carolina . College, Service, West Carolina University's, Walmart, Business, North, University of North, University of North Carolina Asheville, UNC Asheville, DoorDash, FEMA Locations: North Carolina, West Carolina, Illinois, University of North Carolina, Asheville, Chapel Hill, Hurricane, Yancey County

☆ The beginner's guide to nepo babies
▼ + stars: | 2024-10-04 | by ( Amanda Yen | ) www.businessinsider.com time to read: +9 min

AdvertisementThere's one other field that's become a magnet for nepo babies with something new to say: journalism. The coastersBrooklyn Peltz Beckham and Nicola Peltz Beckham at the Academy Museum Gala in December 2023. Brooklyn Peltz Beckham and Nicola Peltz Beckham also fall into this category. The activistsSome nepo babies use their inherited millions to address social issues they're passionate about. The normiesLastly, there are some nepo babies who have chosen professions in fields where their connections won't help them quite as much.

Persons: —, John Quincy Adams, John Adams, Liza Minnelli, Judy Garland, Chan Zuckerberg, Mark Zuckerberg, Taylor Swift, Zuckerberg, Forbes — isn't, ultrarich, Alexandre Arnault, Antoine Arnault, Delphine Arnault, Bernard Arnault, Vianney Le Caer, Murdoch, Donald Trump, Fred Trump, Bill Gates, David Ellison, Larry Ellison, Jessica Pegula, Emma Navarro, Bruce Springsteen, Michael Bloomberg, Lance, Lawrence, Williams, Logan Sargeant, McLaren, Lando Norris, Jack Schlossberg, Kennedy, who's, Z's, Ronan Farrow, Mia Farrow, Woody Allen, rocketed, Harvey Weinstein, Brooklyn Peltz Beckham, Nicola Peltz Beckham, Frazer Harrison, Paris Hilton, Olivia Jade Giannulli, Lori Loughlin, she's, David, Victoria Beckham, Nelson Peltz, Abigail Disney, She's, Zers, Elon Musk's, Vivian Wilson, Jennifer Gates Nassar, Charles Shaffer, Anna Wintour Organizations: Service, Fox, News Corp, Oracle, Skydance Media, Aston Martin, New Yorker, Brooklyn, Academy Museum, Paris, Hilton, University of Southern, Zen, Disney, Bank of Mom, Vogue, Columbia University Locations: —, New, University of Southern California, Mount Sinai

☆ Modelo brewer Constellation falls despite an earnings beat. Here's why we're not concerned
▼ + stars: | 2024-10-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Modelo and Corona brewer Constellation Brands is a tale of two businesses. Constellation Brands Why we own it : Constellation Brands' beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico, is the growth engine and by far the most attractive part of the business. And, the profitability of its beer business — operating margins were an impressive 42.6% in the quarter — puts Constellation in a position of strength. Still, raising an anchor is always welcome news, and talk of its booming beer business would, at last, no longer need the wine-and-spirits caveat. Looking ahead, its beer business should continue grabbing market share and its hard to imagine the wine-and-spirits unit getting much worse.

Persons: Bill Newlands, Thursday's, Newlands, Kim Crawford, There's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Corona, Constellation Brands, LSEG, Modelo, Anheuser, Busch Inbev, Molson Coors, Investors, Constellation, National Football League, Bloomberg, Brier, Modelo Especial, CNBC Locations: Corona, Pacifico, Wednesday's, U.S, Campo, West Coast, San Rafael , California

Israel’s recent attacks on Hezbollah expose weaknesses in Iran’s proxy strategy. Israel’s attacks on Hezbollah exposes weaknesses in Iran’s ‘axis of resistance’In a matter of weeks, Israel has dealt devastating blows to Iran’s most important proxy, Hezbollah. For Iran, Hezbollah was supposed to be the cornerstone of its strategy to outflank superior adversaries, such as Israel, with armed proxies. But Iran’s strategy, dubbed the “axis of resistance,” underestimated how Israel would respond to the Hamas terrorist attack of Oct. 7 and subsequent cross-border rocket fire from Hezbollah. Helene leaves a trail of destruction in the SoutheastThe devastation from Helene came into clearer view over the weekend, with residents in the Southeast reeling from the storm’s impact.

Persons: Helene, Derrick Henry, Hezbollah’s, Hassan Nasrallah, ”, “, Bruce Hoffman, —, they’ve, Nelson Mandela, Marwan Barghouti, Sheriff Quentin Miller, Ron DeSantis, Donald Trump, Stephanie Scarbrough, eason, alf Organizations: Baltimore Ravens, NFL, Israel, U.S, Sheriff, Tennessee Bureau of Investigation, Gov, NBC, NFL Baltimore, Ravens, Buffalo Bills, ’, Kansas City Chiefs, Minnesota Vikings, Seattle Seahawks, Kansas City, Seattle, Detroit Lions Locations: Florida, North Carolina, Israel, Iran, Gaza, Iraq, Syria, Yemen, Tehran, Buncombe County, Asheville, Tennessee, Valdosta , Georgia, Los Angeles . Minnesota, Green

His supporters have dubbed Marwan Barghouti the “Palestinian Nelson Mandela” in the hope that after more than two decades behind bars, he can emulate the late South African leader and make the journey from prisoner to national unifier. At that time, Palestinian militants carried out deadly suicide bombings and shootings inside both Israel and the Palestinian territories, targeting buses, restaurants and hotels. “He’s someone who creates something out of nothing, and he believes in education for the Palestinian people,” Arab Barghouti added. Palestinian protesters wave flags and placards bearing portraits of Fatah leader Marwan Barghouti in 2015. “Ami Ayalon and others have said Marwan Barghouti may be the one leader who can be an effective partner for peace,” he said.

Persons: Yasser Arafat, Marwan Barghouti, Nelson Mandela ”, Ami Ayalon, Mahmoud Abbas, Yahya Sinwar, “, ”, Arab, Barghouti, Father Germanos, masterminding, Arafat, Fatah, William Campbell, Marco Longari, Abbas, ” Mira Al, he’s, Osama Hamdan, Abbas Momani, Ayalon, Shin, I’m, Sen, Chris Van Hollen, “ Ami Ayalon, Israel, Gilad Shalit, They’re, Benjamin Netanyahu’s, Barghouti’s, Fadwa, ‘ I’m, ’ Organizations: Bank, West Bank, Palestinian Center, Policy, Survey Research, Hamas, American Embassy, NBC News, U.S . Office, Palestinian Affairs, Prosecutors, European Council, Foreign Relations, Brigades, Fatah, ., “, Getty, West, Palestinian Authority, State Department, Senate Foreign Relations, NBC, National Organization of Locations: RAMALLAH, Jerusalem, Ramallah, Israel, Gaza, American, Tel Aviv, Fatah, West Bank, Kobar, Aqsa, AFP, Palestinian, East Jerusalem, ”, Palestine

☆ Barbra Streisand remembers ‘charming’ Kris Kristofferson
▼ + stars: | 2024-09-30 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Barbra Streisand is paying tribute to her “A Star Is Born” costar Kris Kristofferson, who died over the weekend at age 88. In a post on Instagram, Streisand reflected on their creative time together. “The first time I saw Kris performing at the Troubadour club in L.A. I knew he was something special,” Streisand wrote. The film’s song “Evergreen,” performed by Streisand and Kristofferson, won the Academy Award for best original song.

Persons: Barbra Streisand, Kris Kristofferson, Streisand, “, Kris, ” Streisand, ’, ”, Kristofferson, Willie Nelson, Dolly Parton, Brenda Lee, Nelson, Johnny Cash, Waylon Jennings, Kris ’, Lisa Organizations: CNN, Troubadour Locations: L.A, London’s

☆ Jimmy Carter is setting a new record for American presidents. It’s important for everyone
▼ + stars: | 2024-09-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +25 min

Paul J. Richards/AFP/Getty Images Carter works at a construction site sponsored by the Jimmy Carter Work Project in Asan, South Korea, in 2001. Alex Wong/Getty Images Carter meets with Obama and other former presidents at the White House in January 2009. Richard Lewis/The Elders/Getty Images Carter was interviewed for "The Presidents' Gatekeepers" project at the Carter Center in Atlanta in September 2011. Chris McKay/Getty Images Carter talks about his cancer diagnosis during a news conference at the Carter Center in Atlanta in August 2015. The 1983 tweaks to Social Security included, for instance, the counting of some Social Security benefits as taxable income and a gradual increase of the retirement age from 65 to 67.

Persons: Jimmy Carter, Carter, John Quincy Adams, It’s, CNN’s Stephen Collinson, ” Carter, “, George H.W, George H.W . Bush, Rosalynn, Lillian, Gloria, . Bradley, Jimmy, Horace Cort, —, John Storey, Stan Wayman, Amy, Walter Mondale, Gerald Ford, Ford, Warren Burger, Rosalynn Carter, Billy, Simons, Barry Thumma, Harvey Georges, Helmut Schmidt, Schmidt, Anwar Sadat, Menachem Begin, Camp David, Carter's, Carter jogs, Karl Schumacher, Dirck Halstead, Leonid Brezhnev, Chuck McManis, Ronald Reagan, Reagan, Robert Burgess, Joe Holloway Jr, AP Carter, Bill Clinton, Al Gore, Paul J, Richards, Clinton, Chung Sung, Fidel Castro, Adalberto Roque, Arne Knudsen, Hugo Chavez's, Juan Barreto, Howard Dean, Erik S, Scott Olson, Marco Longari, Michael Williamson, Barack Obama's, Alex Wong, Obama, George W, Bush, J, Scott Applewhite, Mark Wilson, Ismail Haniya, Mahmud Hams, Jung Yeon, Nelson Mandela, Jeff Moore, Aijalon Mahli Gomes, Gomes, Darren McCollester, Sheikh Jarrah, Mary Robinson, Bernat, George, Kris Connor, Raul Castro, Javier Galeano, Richard Lewis, David Hume Kennerly, Michelle Obama, Martin Luther King Jr, Jewel Samad, Brian Kersey, Chris McKay, Phil Skinner, Donald Trump, Saul Loeb, Jim Chapin, Drew Angerer, Matt McClain, Dan Quinn, Scott Cunningham, Chip Somodevilla, Mark Humphrey, John Amis, Joe Biden, Jill Biden, Adam Schultz, John Bazemore, Michael S, Williamson, Jason Carter, Evelyn Hockstein, Jimmy Carter's, there’s, aren’t, – Carter, Ronald Reagan –, CNN’s Eva Rothenberg, ” Regan, dismissively, gaslighting, “ Governor Reagan, Reagan empaneled, Alan Greenspan, Donald Trump’s, Kamala Harris Organizations: CNN, Social Security, Medicare, Carter, ”, Habitat, Humanity, Bettmann, Jimmy, AP, US Naval Academy, Democratic, Atlanta, Hulton, Democratic National Convention, Walnut, Theater, Ford, Getty Images, Department of Energy, West, Airlift, Camp, AFP, Getty, Democratic National Committee, White House, Ronald Reagan Library, Andrews Air Force Base, United Nations, Trinity Church, Summit, America's, Getty Images Cuban, University of Havana, Venezuelan, Department of Defense, Washington Post, White, Foreign, Korea University, North, South, Boston's Logan International Airport, Irish, Pyongyang University of Foreign Studies, Carter Center, Lincoln Memorial, Sunday School, Maranatha Baptist Church, Hurricane Relief, College, College Station ,, Secret Service, Atlanta Falcons, NFL, Former, The New York Times, Pew Research Center, Congressional Research Service, Security Locations: Cuba, Guinea, Iraq, Winnipeg, Canada, George H.W ., United States, Elk City , Oklahoma, Plains , Georgia, Atlanta, Georgia, New York, Washington, Philadelphia, Georgia's St, Florida, Panama, Vietnam, Berlin, Maryland, Egypt, Israel, Pennsylvania, Vienna, Austria, Los Angeles, Arab, Wiesbaden, West Germany, Iran, Pakistan, Afghanistan, AFP, New, Asan , South Korea, Havana, Oslo, Norway, Caracas, Venezuela, American, Connecticut, Boston, Maputo, Mozambique, DC, Ghana, Gaza, Seoul, South Korea, North Korea, Johannesburg, Jerusalem, Sheikh, Pyongyang, Chicago, College Station, College Station , Texas, Nashville , Tennessee, Plains

☆ Nasdaq President Nelson Griggs on 25 years of Nasdaq MarketSite, state of the IPO market
▼ + stars: | 2024-09-30 | 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 EmailNasdaq President Nelson Griggs on 25 years of Nasdaq MarketSite, state of the IPO marketNelson Griggs, Nasdaq president, joins 'Squawk Box' to discuss 25 years of Nasdaq MarketSite, state of the IPO market, and more.

Persons: Nelson Griggs Organizations: Nasdaq

☆ Kris Kristofferson, singer-songwriter and actor, dead at 88
▼ + stars: | 2024-09-29 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Los Angeles AP —Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and A-list Hollywood actor, has died. Kristofferson died at his home in Maui, Hawaii, on Saturday, family spokesperson Ebie McFarland said in an email. Kristofferson, who could recite William Blake from memory, wove intricate folk music lyrics about loneliness and tender romance into popular country music. “There’s no better songwriter alive than Kris Kristofferson,” Nelson said during a November 2009 award ceremony for Kristofferson held by BMI. Producer Jon Peters, from left, Barbra Streisand and Kris Kristofferson appear at a preview of the film, "A Star is Born," in Dec. 23, 1976, in New York.

Persons: Kris Kristofferson, Kristofferson, Ebie McFarland, McFarland, Bobby McGee, ” Kristofferson, Ray Price crooning, Janis Joplin, ”, Ellen Burstyn, Martin Scorsese’s, Alice Doesn’t, Barbra Streisand, Wesley Snipes, William Blake, Bob Dylan, Willie Nelson, John Prine, Tom T, “, ” Nelson, Barbara Streisand, Dylan, Jon Peters, Suzanne Vlamis, Cash, Grand Ole Opry, I’d, Fred Foster, Foster, Bobby McKee, Frederico Fellini, Waylon Jennings, Johnny Cash, Rob Verhorst, Joplin, Jesus, Rita Coolidge Organizations: Los Angeles AP, Hollywood, Times, BMI, Golden Gloves, Merton College, University of Oxford, U.S . Military Academy, West, Columbia Records, US Army, Associated Press, Grand Ole, Monument Records, “, Getty, Joplin Locations: Rhodes, Maui, Hawaii, Brownsville , Texas, England, West Point , New York, Nashville, New York

☆ Tesla could have a tough time living up to the hype around its robotaxi event
▼ + stars: | 2024-09-28 | by ( Pia Singh | In | ) www.cnbc.com time to read: +8 min

The recent hype lifted Tesla's stock into positive territory for the year, and it's now up nearly 5% in 2024. A high-risk, high-reward venture Analysts polled by LSEG have a consensus price target of $210.71 on Tesla shares, implying a decline of 19% from Friday's close. "We believe widescale Tesla robotaxi deployment is unlikely in the coming years," Spak added. Still, the bull case around Tesla's robotaxi ambitions highlights the company's potential to provide cost-effective technology. Morgan Stanley analyst Adam Jonas is a Tesla bull with an overweight rating and a $310 price target — reflecting 19% upside.

Persons: it's, It's, Tesla, CFRA's Garrett Nelson, I've, Nelson, Bernstein, Nikhil Devnani, Joseph Spak, Spak, Tesla's, Elon, Bernstein's Devnani, Goldman Sachs, Mark Delaney, Morgan Stanley, Adam Jonas, Jonas, hasn't, CFRA's Nelson, Nelson's, Morgan Stanley's Jonas Organizations: Investors, Tesla, CNBC, LSEG, UBS, Guggenheim, Vehicle Passenger Service Locations: Los Angeles, U.S, Europe, China, Friday's, United States

☆ Senate Democrats launch first multimillion-dollar TV investments in Texas and Florida as map grows more daunting
▼ + stars: | 2024-09-26 | by ( Simone Pathe | ) edition.cnn.com time to read: +7 min

Ted Cruz of Texas and Rick Scott of Florida, with additional TV investments likely to come, according to the committee. “Senate Democrats are expanding the map and going on offense. That’s where Florida and Texas – which have been seen as relative long shots – come into play. Of the two states, Texas – which is at No. 9 on CNN’s ranking of flippable Senate seats – has been seen as a more viable target.

Persons: Ted Cruz of, Rick Scott of, Scott’s, Gary Peters, Cruz, Scott, Sen, Joe Manchin, Donald Trump, Trump, Larry Hogan, Joe Biden, Kamala Harris, Montana Sen, Jon Tester, overperform Harris, Nathan L, Gonzales, Amy Walter, –, Colin Allred, Cruz –, Beto O’Rourke, Allred, Ted Cruz, ”, University of Texas –, Barack Obama, Hillary Clinton, Biden, Democratic Sen, Bill Nelson, Debbie Mucarsel, Powell, he’s, “, Republicans ’, Val Demings, GOP Sen, Marco Rubio, CNN’s David Wright Organizations: CNN, Democratic, Democratic Senatorial, Republican Sens, Sens, Michigan Democrat, Democrats, GOP, White, Republicans, That’s, Democratic Rep, NFL, Senate, Baylor University, Texas Politics, University of Texas, Rep, Social Security Locations: Texas, Florida, Ted Cruz of Texas, Rick Scott of Florida, Sens, Cruz, Michigan, West Virginia, Montana and Ohio, Maryland, Montana, Dallas, AdImpact, Ecuador

☆ Nelson Peltz's Trian takes board seat at pest control maker Rentokil
▼ + stars: | 2024-09-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Pest control maker Rentokil Initial said Wednesday that Trian partner Brian Baldwin would join the Terminix owner's board effective next week. The company said Baldwin, who has worked at Nelson Peltz's firm since 2007, will also join the nominating and compensation committees. The accession comes three months after Trian first disclosed a roughly $400 million position in Rentokil, and two weeks after the company issued a profit warning. Peltz's Trian has a long history of turning around struggling businesses, largely in the consumer sector. His company mounted a proxy fight at Disney earlier this year, failing to secure a board seat but still making around $1 billion off the investment.

Persons: Rentokil, Brian Baldwin, Baldwin, Nelson Peltz's, Trian, Janus Henderson, Peltz's Trian, Peltz, Proctor, Gamble, Mondelez Organizations: Heinz, Disney Locations: Rentokil, Terminix

☆ Astronomers spot the most massive black hole jets ever observed
▼ + stars: | 2024-09-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —Astronomers have observed a massive pair of jets releasing from a supermassive black hole 7.5 billion light-years from Earth. The megastructure spans 23 million light-years in length, making these black hole jets the largest ever seen, according to new research. Black hole jets can accelerate radiation and particles close to the speed of light, causing them to glow in wavelengths visible to radio telescopes. The massive black hole jets could help answer both. Martijn Oei (pictured), lead author of the new study, and his colleagues will continue their search for massive black hole jets.

Persons: Martijn Oei, ” Oei, Europe’s, Oei, “, Aivin Gast, Gast, LOFAR, “ Aivin, Porphyrion, NASA's, Powell, Nelson, Martin Hardcastle, Sasha Tchekhovskoy, ”, Tchekhovskoy Organizations: CNN —, California Institute of Technology, Astrophysics, University of Oxford, NASA, JPL, Caltech, CNN, Keck, NASA's Goddard, University of Hertfordshire, Northwestern University Locations: India, Hawaii, England

☆ What to know about Arch Manning as he makes his first start for Texas
▼ + stars: | 2024-09-21 | by ( The Athletic College Football | ) www.nytimes.com time to read: +10 min

Arch Manning, the most famous backup quarterback in football, will make his first college start Saturday night for No. Here’s a guide to what to know heading into the Longhorns’ game against the Warhawks, which will be streaming on ESPN+ at 8 p.m. Manning enrolled at Texas in 2023, redshirted and saw minimal time as the third-string quarterback behind Ewers and backup Maalik Murphy. For the season, Manning is 14-of-18 passing for 318 yards and five touchdowns and has two touchdown runs. He completed his first five pass attempts in a 52-0 Week 1 win against Colorado State, notching his first career touchdowns.

Persons: Manning, Quinn Ewers, Cooper Manning, Arch, Archie, Ole, Peyton, Eli, Ole Miss, Ewers, Maalik Murphy, Murphy, Sam Khan Jr, Steve Sarkisian, Sarkisian, ” Sarkisian, “, —, ”, Will, Arch Manning, Monroe, Bryant Vincent, General Booty, they’ve, They’re, Booty, “ He’s, Nelson Stewart, ” — Grace Raynor, Newman, — Raynor, wasn’t, — Nick Baumgardner, Tim Warner Organizations: Ole Miss, New, New Orleans Saints, NFL, Tennessee, Longhorns, Warhawks, ESPN, Texas, Texas Tech, Oklahoma State, Duke, Colorado State, UTSA, Roadrunners, ULM, SEC, Heisman, Alabama, Michigan, UAB, Oklahoma, Football Bowl, Big, Ewers, Isidore Newman School, New Orleans —, Getty Locations: Texas, Louisiana, Monroe, New Orleans, Will Texas, Tuscaloosa, Ann Arbor, Quinn Ewers Does Louisiana, ULM, Georgia, Alabama, Austin

☆ Mansion to misery: A glimpse inside the prison Sean ‘Diddy’ Combs now calls home
▼ + stars: | 2024-09-19 | by ( Artemis Moshtaghian | ) edition.cnn.com time to read: +5 min

CNN —Described as “disgusting” with “horrifying” conditions, the detention center music mogul Sean “Diddy” Combs now calls home is a far cry from the Miami and Los Angeles mansions he once lived in. A federal judge denied Combs bail Wednesday saying the bail proposal set forth by his defense attorneys was “insufficient” in addressing the court’s concerns. This after the Federal Bureau of Prisons shuttered its Manhattan complex shortly after multimillionaire financier and accused sex trafficker Jeffrey Epstein died by suicide in 2019. A month later, inmate Edwin Cordero died in a fight that broke out inside the prison. The incident prompted a Justice Department investigation assessing whether the Bureau of Prisons had “adequate contingency plans” to address inmate living conditions.

Persons: Sean “ Diddy ” Combs, he’s, ” Michael Cohen, Donald Trump, Cohen, R, Kelly, “, “ Pharma Bro ” Martin Shkreli, Ghislaine Maxwell, Sam Bankman, Ismael “ El, Ismael “ El Mayo ” Zambada Garcia, Combs, Judge Andrew Carter, Jeffrey Epstein, Emery Nelson, ” Nelson, ” Combs, Marc Agnifilo, “ He’s, ” Cohen, Combs ’, Uriel Whyte, Edwin Cordero Organizations: CNN, Miami, Metropolitan Detention Center, “ Pharma, Wap, Ismael “ El Mayo ”, Federal Bureau of Prisons, MDC, of Prisons, Urgent, MDC Brooklyn, Housing Unit, Prisons, New York Times, Department Locations: Los Angeles, “, New York, Brooklyn, Manhattan, New York City, M.D.C . Brooklyn

☆ Billie Jean King to become first solo female athlete to receive Congressional Gold Medal
▼ + stars: | 2024-09-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

WASHINGTON — Billie Jean King will become the first individual female athlete to be awarded the Congressional Gold Medal. Reps. Brian Fitzpatrick of Pennsylvania and Mikie Sherrill of New Jersey announced Tuesday that their bipartisan legislation had passed the House of Representatives and would be sent to President Joe Biden for his signature. The bill to honor King, the tennis Hall of Famer and activist, had already passed unanimously in the Senate. The medal, awarded by Congress for distinguished achievements and contributions to society, has previously been given to athletes including baseball players Jackie Robinson and Roberto Clemente, and golfers Jack Nicklaus, Byron Nelson and Arnold Palmer. King had already been awarded the Presidential Medal of Freedom in 2009.

Persons: WASHINGTON, Billie Jean King, Brian Fitzpatrick, Mikie Sherrill, Joe Biden, King, Sherrill, King’s, Bobby Riggs, ”, Jackie Robinson, Roberto Clemente, Jack Nicklaus, Byron Nelson, Arnold Palmer, Fitzpatrick Organizations: of Famer, Republican, NBC Locations: Pennsylvania, Mikie Sherrill of New Jersey, “

☆ The world’s best hotels for 2024 revealed
▼ + stars: | 2024-09-18 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +6 min

In eighth place, Soneva Fushi in the Maldives was also winner of the Lost Explorer Best Beach Hotel Award 2024. 46 respectively and Raffles London at The OWO (No. 16 and was named Best Hotel in North America. The Calile, a stylish and airy urban resort in the lively James Street area of Brisbane, Australia, was named Best Hotel in Oceania, ranking at No. Passalacqua, which was the winner of the first-ever Best Hotel prize in 2023, dropped to second this year.

Persons: John Blanco, Capella, Josephine, Blanco, “ Covid, Thais, Soneva, Cheval Blanc, Lana, Chablé, James, Royal Mansour, Aman, Hôtel de Crillon, Borgo, Rosewood São, São, Mount Nelson, Carlyle, Eden, Suján, Brando Organizations: London CNN, Capella, Capella Bangkok didn’t, CNN Travel, Rosewood, Rosewood Hong, Capella Bangkok, Raffles, Singapore Sling, Le Bristol, Raffles London, Aussie, Tasman, Royal, American, Atlantis, Bulgari, Hyatt Kyoto, Madrid, Capella Singapore, Surf, Bel, Le Bristol Paris, Singita, Park, Kokomo Locations: Capella Bangkok, London, Charoenkrung, Thailand’s, Bangkok, London’s Guildhall, Thailand, Rosewood Hong Kong, Victoria Harbor, Rosewood Hong Kong Asian, Thai, Chao, Siam, Hong Kong, Raffles Singapore, Maldives, Tokyo, Lake Como, Paris, of, Connaught, North America, Brisbane, Australia, Oceania, Hobart, Marrakech, La, Istanbul, Bosphorus, Italy, Aman Tokyo, Soneva Fushi, Dubai, Wanokaka, Indonesia, Claridge’s, Chao Phraya, Chocholá, Mexico, Du, Antibes, France, Florence, Amalfi, Bali, Bulgari Tokyo, São Paulo, Brazil, Kyoto, Japan, Cape Town , South Africa, Puerto Vallarta , Mexico, New York, Mamounia, Morocco, Miami, Los Angeles, Barths, York, Sri Lanka, Auchterarder, Scotland, Umbria, Suján Jawai, Rajasthan, India, South Africa, Oman, French Polynesia, Tulum, Tasman, Fiji

☆ These are the '50 best hotels' in the world for 2024
▼ + stars: | 2024-09-18 | by ( Chris Dwyer | ) www.cnbc.com time to read: +7 min

That's the collective view of 600 anonymous global voters, comprising travel journalists, hoteliers and seasoned travel specialists, which determined the results of " The World's 50 Best Hotels ," announced Tuesday in London's historic Guildhall. Capella Bangkok is the new "best hotel" in the world, according to the 50 Best organization. It has long produced rankings in the culinary world, releasing "The World's 50 Best Restaurants" since 2002, and 'The World's 50 Best Bars' since 2009. The Art of Hospitality Award went to Morocco's Royal Mansour, and the Best Beach Hotel Award went to Soneva Fushi in The Maldives. Members of the 50 Best organization "do not vote and do not control the composition of the list," Emma Sleight, head of content for The World's 50 Best Hotels told CNBC.

Persons: Mauro Colagreco, Bangkok's Chao, John Blanco, it's, Josephine Ping, It's, Hong Kong Cheval, Singapore Aman, Japan Soneva, France Chablé, Italy Borgo, São, Japan Mount, Carlyle, Eden, Royal Mansour, Lisciano, Italy Suján, India Singita –, Brando, Tetiaroa, Mount Nelson, Bulgari, Morocco's Royal Mansour, Soneva, Aman, Sonia Cheng, Emma, — Organizations: Michelin, Capella, CNBC, Italy Rosewood, Hong Kong Raffles, Maldives Atlantis, Thailand Raffles, UAE Rosewood, Hyatt Kyoto, Seasons Madrid, Spain Capella Singapore, Surf, Bel, Scotland, Kruger, Park, Australia Kokomo, Asia — Capella, America Rosewood, Oceania, Raffles London, Atlantis, Hospitality, Morocco's, Eco, luxe, Rosewood Hotel, Hotels Locations: London's, Capella Bangkok, Kings, Italy's Lake Como, Bangkok, Thailand, Lake Como, Italy, Italy Rosewood Hong Kong, Hong Kong, Hong Kong Cheval Blanc , Paris, France, Hong Kong Raffles Singapore, Singapore, Singapore Aman Tokyo, Tokyo, Japan, Japan Soneva Fushi, Maldives, Dubai, UAE, Sumba, Sumba Island, Indonesia Claridge's, London, Thailand Raffles London, Chao Phraya, Crillon, Paris, Chocholá, Mexico, Antibes, Maya, Florence, Amalfi, Bali, Indonesia, Lana, Paulo, São Paulo, Brazil, Brisbane, Australia, Siam, Kyoto, Japan Mount Nelson, Cape Town , South Africa, Riviera Nayarit, Carlyle , New York, U.S, Mamounia, Marrakech, Morocco, Madrid, Spain, Surfside, Los Angeles , U.S, St, Barths, Caribbean Aman New York , New York, Galle, Sri Lanka, Bristol, Auchterarder, Lisciano Niccone, Italy Suján Jawai, Rajasthan, India, South, Zighy, Oman, Connaught, UK, Polynesia, Tulum, Tasman, Hobart, Yaukuve Levu, Fiji, Asia, Europe, North America, Africa, Oceania, South America, Asia — Capella Bangkok, America, Yucatan, America Rosewood Sao Paulo, New York, Bulgari Tokyo, Istanbul, The Maldives

☆ JD Vance got a former professor to delete a blog post he wrote in 2012 attacking GOP over anti-immigrant rhetoric
▼ + stars: | 2024-09-17 | by ( Andrew Kaczynski | ) edition.cnn.com time to read: +6 min

“A significant part of Republican immigration policy centers on the possibility of deporting 12 million people (or ‘self-deporting’ them),” Vance wrote. Donald Trump.”Will Martin, a spokesman for Vance, told CNN that Vance has long supported strong border security measures, including deportations, and now holds one of the most conservative voting records in the Senate. “I was a bit surprised at the blowback he apparently received from the GOP, as I thought his post was fairly innocuous,” Nelson told CNN. “When the 2008 election was called for Obama, I remember thinking: maybe this will teach my party some very important lessons,” Vance wrote. “Republicans lose minority voters for simple and obvious reasons: their policy proposals are tired, unoriginal, or openly hostile to non-whites,” Vance wrote.

Persons: Barack Obama, JD Vance, “, Vance, Brad Nelson, Nelson, ” Vance, Donald Trump’s, Dana Bash’s, Sen, Donald Trump, what’s, Kamala Harris, they’ve, They’ve, ” Will Martin, Vance’s, ” Martin, ” Nelson, he’s, ”, JD, ’ Vance, Obama, Sarah Palin, can’t, Richard Mourdock Organizations: CNN, Yale, Republican, Blacks, ”, Ohio State University, GOP, Trump, Facebook, Whites, Senate, Republican Party, “ Locations: Springfield , Ohio, Springfield, Trump’s, White

☆ SpaceX Polaris Dawn spacewalk: Why it was a historic milestone
▼ + stars: | 2024-09-14 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —SpaceX’s Polaris Dawn crew is beginning its fifth day in orbit, having marked a few record-setting milestones on a historic journey — including the world’s first commercial spacewalk. Polaris Dawn crew member and SpaceX engineer Sarah Gillis emerges from the SpaceX Crew Dragon capsule during the first commercial spacewalk on Thursday. The Polaris Dawn mission's Crew Dragon capsule is seen Wednesday 870 miles (1,400 kilometers) above Earth — the farthest humans have traveled since the Apollo program over 50 years ago. The riskiest part of the journey may be over, but the Polaris Dawn crew still has a key milestone ahead: coming home. Polaris Dawn mission commander and Shift4 Payments CEO Jared Isaacman is seen anchored to a ladder dubbed the "skywalker" by SpaceX during his spacewalk.

Persons: CNN —, Elon, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Gillis, —, Sarah Gillis, Isaacman, Bill Nelson, “, ” Nelson, Van Allen, mission's, Menon, NASA’s, Isaacman — Organizations: CNN, Polaris, NASA, Hubble, Telescope, Space, SpaceX, Elon Musk’s, Shift4, US Air Force, Polaris Program, International Space, Polaris Dawn Locations: United States, U.S, Florida, West, of Florida

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