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Former President Donald Trump spent much of his first altercation with Vice President Kamala Harris leaning forward, hands on the lectern, brooding. "They’re eating the dogs, the people that came in, they’re eating the cats. They’re eating, they’re eating the pets of the people that live there," Trump said, referencing a baseless claim about Haitian immigrants in an answer about immigration. At one point, Trump did glance over when Harris attempted to speak into her microphone that was muted. "I'm talking now," Trump said, in a reference to what Harris said to then-Vice President Mike Pence in the 2020 election.
Persons: Donald Trump, Kamala Harris, Harris, incredulously, Trump, Hillary Clinton, Joe Biden, Biden, Mike Pence Organizations: Democratic, Trump
Here are Wednesday's biggest calls on Wall Street: Goldman Sachs downgrades Morgan Stanley to neutral from buy Goldman said it sees better value elsewhere than Morgan Stanley. Goldman Sachs upgrades Evercore to buy from neutral Goldman said the investment banking firm is "best in class." JPMorgan reiterates Nvidia as overweight JPMorgan said stocks such as Nvidia are "strong beneficiaries in the emerging AI arms race." Morgan Stanley reiterates Arm as a top pick Morgan Stanley said it's sticking with its overweight rating on the semiconductor chip company. Bank of America reiterates Apple as buy Bank of America said it's standing by its buy rating on shares of Apple.
Persons: Goldman Sachs downgrades Morgan Stanley, Goldman, Morgan Stanley, Goldman Sachs, Rosenblatt, Canaan, Jefferies, Williams, Guggenheim, it's, orals, it's bullish, Bernstein, Robinhood, Wells, Shopify, Truist, Wolfe Organizations: NASDAQ, JPMorgan, Viking Therapeutics, Citi, Apollo Global Citi, APO, U.S, " Bank of America, Novartis, Bank of America, Nvidia, Apple, Spotify, Disney, AES, ~$ Locations: Canaan, Williams, Sonoma, 2030E
Making a creature come to life in a video game is a collaborative process, where she interprets the directions to bring characters to life. Interactive media contract negotiations between SAG-AFTRA and video game studios have been ongoing since 2022 and have stalled due to disagreements over AI protections. Tensions in the ongoing video game strikes arose over how AI can be used for "digital replicas" and whether actors can be compensated for them. If you've played video games at all, that is almost never the case," Norris said. Related storiesThese negotiations take place amid a slowdown in the $200 billion video game industry.
Persons: , Andi Norris, Norris, AFTRA, you've, Audrey Cooling, Linsay Rousseau, Rousseau, Connor Fogarty, Fogarty, Sarah Elmaleh, Sean Rohani, Rohani, Elmaleh Organizations: Service, Business, Interactive, SAG, Hollywood, Writers Guild of America, Activision, Union, of Locations: Los Angeles, Ethovox
A new report details chaos and feuds among bosses working on the Saudi Arabian Neom project. The Wall Street Journal said two people working on the project got into a physical fight. Saudi Arabia is plowing trillions of dollars into building the Neom megacity. Go to newsletter preferences Thanks for signing up! AdvertisementA dispute between a Neom executive and construction manager degenerated into a physical brawl, according to a report by The Wall Street Journal.
Persons: , Antoni Vives Organizations: Street Journal, Service, Wall Street, Business Locations: Saudi Arabian, Saudi Arabia, Spain
New York CNN —Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the railroad announced Wednesday evening. Shaw had been CEO of one of the nation’s four largest freight railroads for just over two years. And he received praise from some past critics of the railroads for steps he took after the February 2023 derailment in East Palestine to improve railroad safety. Still, Norfolk’s actions related to the derailment received harsh criticism from Jennifer Homendy, chair of the National Transportation Safety Board, which investigated the accident. She said Norfolk Southern’s actions following the derailment put first responders and neighbors of the derailment site at unnecessary risk.
Persons: Alan Shaw, , Shaw, , Nabanita Nag, Mark George, Claude Mongeau, Amit Bose, Ancora, Jennifer Homendy Organizations: New, New York CNN, Norfolk, CNN, of Locomotive Engineers, Norfolk Southern, Federal Railroad Administration, National Transportation Safety Board, NTSB Locations: New York, Norfolk Southern, East Palestine , Ohio, Ohio, Norfolk, East Palestine, Shaw
CNN —A Russian cargo ship suspected of carrying Iranian ballistic missiles for Moscow’s war against Ukraine was seen at a Russian port on the Caspian Sea a week ago, satellite imagery shared with CNN shows. The ship had previously been in the Iranian port of Amirabad on August 29, according to ship tracking data. Period.”The Ukrainian Foreign Ministry summoned the Iranian charge d’affaires, Shahriar Amouzegar, this week following the reports of ballistic missiles being sent to Russia. By September 6, it had left the Russian port for another voyage. Ukrainian President Volodymyr Zelensky has frequently appealed to Kyiv’s allies for greater latitude in using Western missiles against targets inside Russia.
Persons: , , Antony Blinken, Seyed Abbas Araghchi, Shahriar, Amouzegar, Blinken, Sergei Shoigu, Ababil, ” Blinken, Volodymyr Zelensky, Joe Biden, Keir Starmer, Victoria Butenko, Natasha Bertrand, Kylie Atwood Organizations: CNN, Maxar Technologies, US Treasury, Russian Ministry of Defense, Treasury, Russia, Iranian Fatah, Islamic, Ukrainian Foreign Ministry, Washington, Iran, US, Russian Defense, Islamic Revolutionary Guard Corps, Western, UK Locations: Russian, Ukraine, Olya, Port Olya, Astrakhan ., Amirabad, Iran, Russia, London, Iranian, Islamic Republic, France, Germany, Washington, Astrakhan, The, United States
Read previewAs a DJ who's worked with high-profile clients, I've seen firsthand how specific songs can dictate the energy and flow of a wedding. AdvertisementWith over a decade of experience in the industry, I've learned that some songs are often in demand at high-profile weddings, while others are consistently blacklisted. Here are 10 songs that are favorites among A-list crowds at weddings and five that almost always end up on the "do not play" list. Interscope RecordsDJ Casper's "Cha Cha Slide"AdvertisementThis is usually the first song to get vetoed from any playlist. Los del Río's "Macarena"Similar to the "Cha Cha Slide," the "Macarena" is often seen as too gimmicky.
Persons: , who's, I've, Michael David, It's, they're, We've, Joey King's, Gwyneth Paltrow, Lily Collins, Carter, it's, Du, Leon Bridges, Willie Nelson, Dolly Parton, Miley Cyrus, Post Malone, Robin S's, Charli, Chappell, Billie Organizations: Service, Dart Collective, Business, Post, Interscope Records Locations: Mallorca
A group of Democratic lawmakers requested increased oversight over student-loan company MOHELA. They said that the Education Department should consider ending MOHELA's contract. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt might be time for the Education Department to consider firing a major student-loan company, a group of Democratic lawmakers say. For example, in October last year, the Education Department withheld over $7 million in pay from the servicer over its failure to send on-time billing statements to 2.5 million borrowers.
Persons: MOHELA, , Sen, Elizabeth Warren, Jim Clyburn, Secretary Miguel Cardona Organizations: Democratic, Education Department, Service, Secretary, Business
In some places — especially in the U.S. — we aren't always delivering," Niccol wrote in the open letter addressed to customers, employees and stakeholders. Niccol, who calls himself a long-time Starbucks customer, outlined four areas for improvement: the barista experience, morning service, its cafes and the company's branding. "This is our plan for the U.S., and where I need to focus my time initially," Niccol wrote in the letter. Later, Niccol plans to address its international business, like China, its second-largest market. The coffee giant named Niccol as chief executive in August, in conjunction with the company's ouster of then-CEO Laxman Narasimhan.
Persons: Brian Niccol, Niccol, We're, Laxman Narasimhan, shakeup, he's Organizations: U.S, Starbucks Locations: U.S, China, Gaza
CNN —Travis Kelce really didn’t want to participate in “Catching Kelce,” the 2016 E! Aaron Eanes, one of two brothers who manage Kansas City Chiefs tight end Travis Kelce, in New York in 2023. ‘Moonbase 8’ (2020)After “Catching Kelce,” Kelce didn’t take on any work off the football field until 2020. ‘New Heights’ podcast (2022)Kelce has co-hosted the “New Heights with Jason and Travis Kelce” podcast with his brother, former Philadelphia Eagles star Jason Kelce, since 2022. (From left) Jason Kelce and Travis Kelce at the ACC Celebrity Golf Championship in Nevada in July.
Persons: CNN — Travis Kelce, , Aaron Eanes, it’s, ” Eanes, Kelce, Eanes, Andre, hasn’t, Travis Kelce, Amir Hamja, … He’s, “ Travis, Travis, he’s, Kelce’s, , Tim Heidecker, Fred Armisen, John C, Reilly, , Jason, Jason Kelce, Amazon’s, Shutterstock, Donna Kelce, ” Kelce, SNL ”, Swift, Grotesquerie ’, Ryan Murphy, he’d, Murphy’s, Murphy, ” “, David Calvert, Happy, Adam Sandler’s, Happy Gilmore, Sandler, ” Sandler, “ We’re Organizations: CNN, Kansas City Chiefs, Hollywood, University of Cincinnati, New York Times, NFL, ” Showtime, Kelce, Philadelphia Eagles, Showtime Networks Inc, Everett, SNL, ACC, Getty, Netflix Locations: New York, Tinseltown, it’s, Hollywood, Nevada
Roughly 7 million people worked as delivery contractors for DoorDash in 2023. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But, surprisingly, most of them averaged just a few hours a week on the gig.
Persons: , DoorDash Organizations: DoorDash, Service, Business
Nelson Peltz is stepping down as chair of Wendy's , ending a 17-year reign at the fast-food chain. "In our view, [Peltz's departure] opens the door for a new chapter under new Chairman Art Winkleblack & new CEO Kirk Tanner," T.D. He is stepping down to devote more time to his other board commitments and Trian Partners' future activities, according to Wendy's. Heinz, is now non-executive chair of Wendy's board. Clarification: This story has been updated to include the combined ownership stake of Trian and Peltz.
Persons: Nelson Peltz, Wendy's, Kirk Tanner, Winkleblack, T.D, Cowen, Andrew Charles, Peltz, Trian, Heinz Organizations: Alpha, PepsiCo, Trian Partners, Trian Fund Management Locations: New York, Wendy's, Trian
While it might look like there's a flurry of advertising hiring, industry insiders say the reality is more sobering. AdvertisementLegacy media companies have sharply cut staff in recent years, including sales, and those jobs aren't coming back. Disney has said it plans to automate half its ad sales. "The number of good job opportunities are few and far between because the large media companies are not hiring as quickly. "Ad sales is no longer ad sales," said Gary Stolkin, global CEO of The Talent Business, a global executive search firm specializing in the creative industries.
Persons: , they've, Jean, Paul Colaco, aren't, Dave Morgan, Lisa Valentino, David Lawenda, David Zaslav, David Ellison's, Christopher Vollmer, Simon Francis, Peter Naylor, Brian Lesser, Lesser, WPP's, Roku, Harry Kargman, Kargman, Krishan Bhatia, Gary Stolkin, Stolkin, who's Organizations: Service, Netflix, Business, Disney, Paramount, Warner Bros, NBA, Companies, MediaLink, TV, Media, Flock Associates, Progressive, Mobile, The Talent Locations: Teads, NBCUniversal
George Kinder Kinder Institute'You should be focused on your dream of freedom'Greg Iacurci: What is the basic premise of the life planning movement? George Kinder Kinder InstituteGI: But that's not necessarily to say that the way that people are saving is wrong, right? Maybe you're doing more remote work. Maybe you're already looking at where it is you want to stay, and figuring out how, in a year or two, you can spend three months there. So you're moving actively toward the freedom as part of the program of financial planning, of your financial life.
Persons: George Kinder, Greg Iacurci, I've, they've, It's, you've, it's, they're Organizations: George Kinder Kinder Institute, GK, Street, Kinder Institute of Life Locations: West Virginia, Ohio
But for few has its pursuit been more complicated than for the elite career women Byars strives to help. AdvertisementWhen she finally felt ready to go back to corporate life, she looked for a more sustainable way to pursue professional success. The issue with high-achieving women, Byars says, is they focus on meeting only two of those needs — security (money) and esteem — while neglecting the rest. When the clients cry, it's mostly related to the need Byars says is the trickiest to meet: esteem. But if you're a woman with four kids and a senior-level corporate job, is there really any amount of mindset shifting you can do to avoid burnout?
Persons: Erin, She's, I've, Erin needn't, They've, Kathleen Byars, Byars, Kate, there's, Mary Kay, Scott, , Ali, she's, that's, Erin interjects, Let's, I'm, They're, they're, she'll, Kiersten, We're, it's, It's, LeAnn Rimes, isn't, Erin's, strum, Aki Ito Organizations: Virgin, Goodlife Institute, CWU, Habitat, Humanity, BI, Business Locations: Nashville, I'm, Dallas, Chile, CWU, Byars
Washington CNN —Vice President Kamala Harris has met more than 150 world leaders since becoming vice president. Still, Harris has not always been the first phone call for foreign leaders or officials looking to get a line into the White House. UkraineA month after Russia invaded Ukraine, Harris was dispatched to NATO’s eastern flank on a reassurance mission – one that also came with some sensitive diplomatic smoothing-over. For a foreign policy novice with aspirations for higher office, the war in Ukraine was a rigorous introduction to wartime diplomacy. She has vowed to continue to support Ukraine and impose costs on Russia,” an aide to the vice president said.
Persons: Kamala Harris, Benjamin Netanyahu, Joe Biden, , Biden, Harris ’, Harris, she’s, Donald Trump, , Dana Bash, , Dana, haven’t, , Israel Harris, Netanyahu, Israel –, ” Harris, Harris “, Israel ”, Xi Jinping, Phil Gordon, Rebecca Lissner, Dean Lieberman, Antony Blinken, ” Lieberman, Volodymyr Zelensky, Nancy McEldowney, ” McEldowney, don’t, Jake Sullivan, John Kerry, Emmanuel Macron, Biden –, – Harris Organizations: Washington CNN —, Israeli, Democratic, Republicans, CNN, Biden, White, Israel, White House, American, United Nations General Assembly, UN, , Aboard Air Force, NATO, Munich Security Conference, , Munich Security, Ukraine, Rue Coquilliere Locations: Afghanistan, Gaza, Israel, Ukraine, United States, New York, Washington , DC, Michigan, Pennsylvania, Port, Prince, Haiti, Russia, Poland, Warsaw, Washington, Romania, Munich, France, Paris, White, Rue
CNN —Apple excited fans with its vision for its “Apple Intelligence” artificial intelligence system earlier this year. Apple faces immense pressure ahead of the event to prove the new AI features and other iPhone 16 updates are worth shelling out for an upgrade. Subplot or main character, here is everything we’re expecting from the Apple event. The company’s task on Monday will be to show iPhone users what that will look in real life. A major question heading into Monday’s event is how Apple will price the iPhone 16 lineup.
Persons: Ming Yeung, Dan Ives, Wedbush, ” D.A, Davidson, Gil Luria, Siri, ” Luria, , Tiffany, Tiffany R, you’ll, Luria, Aly Song, , , Mark Gurman, CFRA Research’s Angelo Zino, Gurman, Samantha Kelly, Ramishah Maruf Organizations: CNN, Apple, Apple Intelligence, Apple Watch Locations: Milan, Italy, , Shanghai, China
That continues a trend from 2023, when generative AI companies raised $25.9 billion for the full year, up more than 200% from 2022. The average round for AI companies is 140% bigger this year compared with last, the data shows, while for non-AI companies the increase is only 10%. Most venture investors are bullish on the potential for generative AI to eventually create big returns at the application layer. John-David Lovelock, an analyst at Gartner and a 35-year veteran of the IT industry, sees a big opportunity for generative AI in the enterprise. Yet, in 2024, only 1% of the trillion dollars spent on software will be from businesses spending on generative AI products, he said.
Persons: Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, aren't, They're, Melissa Incera, Chip Hazard, PitchBook, that's, Cerebras, hasn't, Jeremiah Owyang, Owyang, That's, , Cohere, Tobias Lutke, Inovia, JPMorgan Chase, Elon Musk's, what's, NASA's, Joe Raedle, Michael Harris, David Lovelock, Lovelock Organizations: Amazon Web, Getty, Microsoft, Nvidia, Tech, P Global Market Intelligence, CNBC, U.S, Forge, Flybridge Capital Partners, Federal Reserve, Meta, Nasdaq, Benchmark, Foundation Capital, SEC, Blitzscaling Ventures, Menlo Ventures, Inovia, Menlo, SPV, AMD, Oracle, Representatives, JPMorgan, Morgan Private Ventures, Elon Musk's SpaceX, SpaceX, Polaris, NASA's Kennedy Space Center, New York Stock Exchange, NYSE, Astera Labs, Tempus, Google, Facebook, Gartner Locations: Vegas, Las Vegas, PitchBook, Anthropic, Montreal, xAI, Cape Canaveral , Florida
Kevin Winter | Getty ImagesArtificial intelligence is a "Wild West" with "very few rules" — but it has the potential to democratize the film industry in the long term, according to the director of "The Lion King." Minkoff was speaking with CNBC ahead of the Reply AI Film Festival. 'Hyperbole' versus 'legitimate concerns'The arrival of new technology has for decades been a fear among people working in the film industry, Minkoff noted. Alexander de Lukowicz, co-director of "Gia Pham," told CNBC that humans are essential to how he and his team work to generate short films. We wanted to produce something like a film to really check the boundaries of what's possible," de Lukowicz told CNBC.
Persons: Lion, Roger Allers, Rob Minkoff, Kevin Winter, it'll, Minkoff, Stuart Little, Simba, Filippo Rizzante, Rizzante, Gia Pham, Alexander de Lukowicz, It's, de Lukowicz Organizations: CNBC, American Society for Composers, Publishers, Broadcast, Inc Locations: Venice
Salesforce to acquire startup Own for $1.9 billion in cash
  + stars: | 2024-09-05 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. The startup, formerly known as OwnBackup, was valued at $3.35 billion in a 2021 funding round. Salesforce Ventures, the cloud software company's venture arm, invested in that round and earlier ones. WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer
Persons: Marc Benioff, Salesforce, MuleSoft, Benioff, we've, Jim Cramer Organizations: Salesforce.com, Own Co, Salesforce Ventures, Salesforce, Covid, Microsoft's Dynamics, Informatica Locations: San Francisco, Salesforce, Central
London CNN —Luxury brand Burberry is dropping out of Britain’s main stock index after suffering a steep fall in value following a plunge in sales and profits. The 168-year-old brand will leave the FTSE 100, which brings together the 100 most valuable companies listed on the London Stock Exchange, as a result of a quarterly review, the exchange said in a statement Wednesday. Spending on luxury goods has been slowing globally but particularly in the world’s no. 2 economy China, hitting not only the likes of Burberry but also higher-end brands. In July, the company replaced its chief executive — who had spent just two years in the role — after another disappointing quarter.
Persons: , Gerry Murphy, , Anna Cooban Organizations: London CNN, Burberry, London Stock Exchange Locations: China
McDonald’s is giving its McFlurry a makeover
  + stars: | 2024-09-04 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Nearly a year after McDonald’s ditched the hollow plastic spoon, more changes are coming for the McFlurry. McDonald’s set a goal in 2018 to reduce greenhouse gas emissions from its offices and restaurants by 36% between 2015 and 2030. In 2023, McDonald’s phased out the McFlurry plastic spoon, which doubled as a spindle that inserted into a machine to mix in the toppings. Also rolling out next week is a smaller McFlurry serving size, called the Mini McFlurry, for customers looking for a petite or more budget-appeasing dessert option. Adding more value-minded items, like a Mini McFlurry, could help McDonald’s reposition the chain as a source for budget-friendly food.
Persons: McDonald’s, Chris Kempczinski, Organizations: New, New York CNN Locations: New York
Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.
Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England
Back in 2008, the Obama campaign made an unprecedented effort to target young voters. In critical swing states like Pennsylvania and Nevada, young voters were more likely to report being contacted by the Obama campaign than older voters were. The issues that fire up young voters are increasingly out of step with the interests of an older, more moderate electorate. Young women have grown more liberal, and young men have become noticeably more sympathetic to the GOP. Related storiesSo to court America's young voters, Harris needs to appeal to their desire for something new.
Persons: Kamala Harris, Tamara Keith, Harris, Obama, Joe Biden, Gen, They're, Zers, Gen Z, Hunter, Trump, David Shor, Young, Biden, she's, Hillary Clinton's, , Hillary Clinton, Joe Biden's, Harris doesn't, Tim Walz, Melanie, Camilla Harrison, hadn't Organizations: NPR, Obama, Democratic, Democrats, Pew Research Center, Trump, Gallup —, Pew, Democratic Party, Politico, Younger Democrats, GOP, Wall Street, New York Times, Monmouth University, Democratic National Convention, The New York Times, Biden Locations: Iowa, Pennsylvania, Nevada, American, Michigan, Siena, Florida
This ascent is something scientists have been looking forward to for years, long before Perseverance landed on Mars. Turning back Martian timeThe impact that created Jezero Crater also generated a lot of heat, partly from the energy of the object that slammed into Mars. The crater rim site of Pico Turquino, as the hydrothermal rocks are called, provides another, different possibility. A panorama shows the area Perseverance will climb in the coming months to crest Jezero Crater’s rim. “For now, we’re just going to pursue our crater rim investigation.
Persons: , Thompson, Perseverance, Pico, Hazel Hill, Briony Horgan, , Horgan, Ken Farley, Pico Turquino, ” Farley, Farley, Steven Lee, ” Lee, ” Horgan, we’re Organizations: CNN, Jet Propulsion Laboratory, NASA, JPL, Caltech, University of Arizona, Purdue University, Mars, California Institute of Technology, ASU Locations: Pasadena , California, Mars, Dox, , West Lafayette , Indiana, Pico, Jezero
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