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By David GaffenNEW YORK (Reuters) - It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 years. The Stones closed with an appearance by Lady Gaga for "Sweet Sounds of Heaven," a slow, blues-infused number off the new album that recalls the band's 70s classic "Moonlight Mile." Gaga and Jagger mimicked each other's dance movies as they alternated vocals, Gaga in a shimmering red-and-black one-sleeved jumpsuit, Jagger wearing a customarily tight black shirt. The latter has been a member of the band for nearly 50 years despite joining in 1975, 13 years after the Stones were formed. The album closes with the song "Rolling Stone Blues," a Muddy Waters song that was the origin of the band's name.
Persons: David Gaffen, Mick Jagger, Jumpin, Jack Flash, Lady Gaga, Gaga, Jagger, Charlie Watts, Keith Richards, Ron Wood, Stevie Wonder, Paul McCartney, Elton John, Bill Wyman, Watts, Lincoln Organizations: Racket, Stone Locations: York, New York
[1/4] The members of the Rolling Stones Mick Jagger, Keith Richards and Ronnie Wood perform during a private record release party of their new album "Hackney Diamonds" in New York City, U.S., October 19, 2023. REUTERS/Shannon Stapleton Acquire Licensing RightsNEW YORK, Oct 20 (Reuters) - It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 years. The Stones closed with an appearance by Lady Gaga for "Sweet Sounds of Heaven," a slow, blues-infused number off the new album that recalls the band's 70s classic "Moonlight Mile." Gaga and Jagger mimicked each other's dance movies as they alternated vocals, Gaga in a shimmering red-and-black one-sleeved jumpsuit, Jagger wearing a customarily tight black shirt. The album closes with the song "Rolling Stone Blues," a Muddy Waters song that was the origin of the band's name.
Persons: Mick Jagger, Keith Richards, Ronnie Wood, Shannon Stapleton, Jumpin, Jack Flash, Lady Gaga, Gaga, Jagger, Charlie Watts, Ron Wood, Stevie Wonder, Paul McCartney, Elton John, Bill Wyman, Watts, David Gaffen, Lincoln Organizations: REUTERS, Racket, Stone, Thomson Locations: New York City, U.S, York, New York
Unrealistic beauty standards are driving more and more people to seek out underground operators for cosmetic procedures. In Thailand, unlicensed practitioners are known as "bag doctors" since they travel from client to client with all their tools of the trade in a bag. They charge hundreds of dollars less than certified clinics, but things can go wrong. So why are people gambling with their looks, and what is the true cost of rolling the dice?
Locations: Thailand
Adjustable-rate mortgages are making a comeback
  + stars: | 2023-10-16 | by ( Anna Bahney | ) edition.cnn.com   time to read: +7 min
Meanwhile, the average rate for a kind of adjustable rate mortgage — a 5/1 ARM — dropped to 6.33% from 6.49%. (Freddie Mac, which provides an average that CNN covers weekly, does not track interest rates for adjustable rate mortgages). When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Fixed rate vs ARMWhile the overwhelming share of loans are still fixed-rate mortgages, ARMs are becoming more attractive in the current higher-rate environment. Generally, homeowners with higher mortgage rates will pay more in interest rather than principal for a longer time than those with lower interest rates.
Persons: , Freddie Mac, , Bob Broeksmit, Melissa Cohn, Cohn, National Association of Home Builders —, ” Cohn, Kaylin Dillon, Jay Zigmont, ’ ” Zigmont, you’re Organizations: DC CNN, Mortgage, Association, CNN, , ARM, Fed, Federal Reserve, William, Treasury, Mortgage Bankers Association, National Association of Realtors, National Association of Home Builders, Childfree Locations: Washington, Israel, Kansas, Mississippi
Ray Dalio says the primary source of pain for stocks is going to get worse before it improves. Surging Treasury yields have been a major headwind for equities, which have seen their appeal dented by the ever-rising risk-free return offered to bond investors. "We sit at a moment in those bonds that it would seem like something like a 5% rate," Dalio said. That means high yields are bad news for economic growth, he noted. As for AI, Dalio sees a "super huge" impact, although he's wary of a speculative bubble former.
Persons: Ray Dalio, Dalio, Goldman Sachs Organizations: Treasury, Greenwich Economic, Federal Locations: Greenwich, Central
Still, he said it's "healthy" for a company like Eli Lilly — valued over $500 billion, as of Thursday — to be executing smaller deals. "They can still put their mark on an asset or a constellation of drugs," said Seigerman, who has a buy rating and $633-per-share price target on Eli Lilly stock. LLY 1Y mountain Eli Lilly's stock performance over the past 12 months. Details on the deals The three companies Eli Lilly bought this summer have drugs in various stages of the clinical development process. In the near term, though, they may result in a noisy third-quarter earnings report as Eli Lilly records the acquisitions.
Persons: Eli Lilly, Mounjaro, Jim Cramer, Eli Lilly's, Lilly, , Verzenio, Evan Seigerman, Eli Lilly —, Seigerman, Lilly's, Dice, Versanis, Sigilon, that's, BMO's Seigerman, Eli, we'd, Jim Cramer's, Jim, Daniel Acker Organizations: Indianapolis, U.S . Food, Drug Administration, BMO Capital, Immunology, Therapeutics, Siligon Therapeutics, Oncology, Club, Department of Health, Human Services, Dice Therapeutics, Alzheimer's, Treasury, CNBC, Bloomberg, Getty
In this article ETSYHAS Follow your favorite stocks CREATE FREE ACCOUNTInside the storefront of Cantrip Candles in Hollywood, CA. An avid Dungeons & Dragons fan, Visscher was hosting a game when a beer got knocked over during a rowdy tavern interaction. Inspired by fantasy games and settings like those seen in Dungeons & Dragons, Pathfinder and other popular tabletop role-playing games, Cantrip Candles has created its own lore to pair with its scents. Cantrip Candles also partners with other small businesses to sell wick trimmers, matches, notebooks, plush and apparel. Hasbro , which owns the Dungeons & Dragons brand through its subsidiary Wizards of the Coast, has boasted that the game has more than 50 million active players.
Persons: Sarah Whitten, CNBC It's, Christoff Visscher, Visscher, Sellers, Ed Maranville, Harry Potter, Gary Gygax, Dave Arneson, Kidults, Matthew Lillard, Lillard, Justin Ware, Beadle, Wyrmwood's Maranville, Maranville Organizations: CNBC, Pathfinder, Marvel, Star, Hasbro, &, Wizards, NPD, Grimm's, Wyrmwood Locations: Hollywood , CA, Hollywood, Rhode, Indiana, Kentucky
(Reuters) -Eli Lilly and Co will buy Point Biopharma Global for $1.4 billion, the companies said on Tuesday, gaining access to experimental therapies that enable precise targeting of cancer. Lilly has offered $12.50 per Point Biopharma share held, representing a premium of about 87% to the stock’s last close. Shares of Indiana-based Point Biopharma soared 85%, while Lilly’s stock was down about 3%. Point Biopharma has licensed both its late-stage experimental therapies to Lantheus Holdings since 2022. A Lantheus spokesperson said the company’s commercial rights remain intact and its collaboration with Point Biopharma is progressing in line with expectations.
Persons: Eli Lilly, Mike Segar, Lilly, , William Blair, Andy Hsieh Organizations: Reuters, Company, REUTERS, Dice Therapeutics, Novartis, Lantheus Holdings Locations: Branchburg , New Jersey, Indiana, Biopharma’s Indianapolis, PNT2002, U.S
No matter what your company says, there's no guarantee remote work will last forever. But there are ways for workers to evaluate the safety of remote work arrangements at their company. AdvertisementAdvertisementMichael Samuel learned last year that you can't count on your company allowing remote work forever. But not all remote positions are the same, so some are more likely to stay fully remote. "And thus, we can expect remote work driven moves to increase as more firms enter three and remote work options grow and solidify."
Persons: there's, , Michael Samuel, Samuel, Michael Samuel Michael Samuel, He's, Felicia, Adam Ozimek, they'll, Ozimek Organizations: Service, Economic Innovation Locations: New York, Oregon, Arizona
Las Vegas and Its Big, Big Ambitions
  + stars: | 2023-09-27 | by ( Finn-Olaf Jones | ) www.nytimes.com   time to read: +1 min
It’s just past dusk on the Las Vegas Strip and traffic has come to a standstill. That’s usual for a weekend night, but this is Monday. Round-the-clock construction makes every excursion a dice roll with traffic, and these days everyone seems a loser. I turn right on Sands Avenue, just before the golden tower of the Wynn Las Vegas, and am so stunned by what I see that I join three dozen other cars illegally parked next to the crowded sidewalk. This is the Sphere, Vegas’s newest epic attraction.
Persons: It’s Organizations: Las, Wynn Locations: Sands, Vegas
Is this climate change, or just a particularly severe bunch of weather flukes happening in close succession due to the climate’s own natural variability? But climate change acts by loading the dice on many types of weather events. That shouldn’t be comforting; climate change could be playing a larger role than we expect in many of these events. Even without climate change, it would behoove us to catch up on their maintenance, or, where these dams are no longer truly needed, remove them. What we know about climate change and extreme weather should strengthen that motivation; what we don’t know should strengthen it even more.
Persons: Adam H, Sobel, Columbia University’s Lamont, Adam Sobel Danny Goldfield, Daniel, it’s, El Niño, El Niños, El Organizations: Columbia, Fu Foundation School of Engineering, Applied, Twitter, CNN, Humanitarian Affairs, El Locations: Massachusetts, Hong Kong, Greece, Spain, Libya, El, Europe
America’s largest renewable power company is among several U.S. energy and utility companies, including Exxon and Southern Company, that continue to promote big, concentrated bets on company stock in worker retirement plans. Nearly 50% of the investments in NextEra’s employee-funded 401(k) retirement plan are in company stock, the highest among all 30 companies in the S&P 500 Utilities Sector (.SPLRCU). NextEra declined to comment on its use of company stock in employee 401(k) plans. "If we saw a concentration of more than 20% in a single company stock, we would definitely tell them it's a big risk." `Keith Rasmussen, a retired geologist, said he still feels the financial repercussions of holding big bets on company stock in his retirement plans.
Persons: Robert Knoche, Yoon, NextEra, , Alicia Munnell, Kristin McKenna, McKenna, Ryan Frazier, Keith Rasmussen, jolt, Rasmussen, , ” Rasmussen, Richard Valdmanis, Anna Driver Organizations: REUTERS, Exxon, Southern Company, Corporate America, Enron, Utilities, Vanguard Group, Center for Retirement Research, Boston College, Employees, Silicon Valley Bank, Darrow Wealth Management, SEC, Corporations, U.S . Securities, Exchange Commission, Southern Co, Dominion Energy Inc, Dominion, Chesapeake Energy Corp, Thomson Locations: Douglas County , Kansas, U.S, Silicon, Boston, Atlanta , Georgia
Cramer's Lightning Round: SoFi is a buy
  + stars: | 2023-09-21 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Carpenter's year-to-date stock performance. Stock Chart Icon Stock chart icon Golar's year-to-date stock performance. Stock Chart Icon Stock chart icon Aehr's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon Harmonic's year-to-date stock performance.
Persons: Carpenter, you've, Jim Cramer's Locations: Philadelphia, Emerson
How could the US government dodge an Oct. 1 shutdown?
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +4 min
Senate Majority Leader Chuck Schumer began this process by scheduling the first procedural vote on such a bill for Tuesday evening. Schumer plans to take an already-passed House bill reauthorizing Federal Aviation Administration (FAA) programs and replace its language with a new temporary funding bill, which is known as a continuing resolution, or CR. Passage by the Republican-controlled House, where appropriations bills normally originate, would send the stopgap measure to the Democratic-led Senate. So, once the bill arrives in the Senate, Schumer would be likely to replace the House border security language with Biden's. This would anger some House Republicans and possibly prompt them to launch an effort to strip him of his speakership, potentially plunging the Congress into an even deeper crisis.
Persons: Chuck Schumer, Evelyn Hockstein, Schumer, Kevin McCarthy, Joe Biden, McCarthy, Richard Cowan, Scott Malone, Marguerita Choy Organizations: U.S, Democratic, U.S . Capitol, REUTERS, Rights, U.S . House, Federal Aviation Administration, FAA, Republican, MCCARTHY, Republicans, OF, House, Thomson Locations: Ohio, Washington , U.S, U.S, Ukraine
SINGAPORE (AP) — Carlos Sainz Jr. won the Singapore Grand Prix for Ferrari on Sunday as Max Verstappen and Red Bull's historic win streaks in Formula One came to an end. Red Bull had dreamed of winning every race this year but had Verstappen fifth and Perez eighth after struggling all weekend in Singapore. Verstappen's winning run ended at 10 races and Red Bull's at 15, including one at the end of last year. George Russell crashed the other Mercedes on the final lap from third position to promote Hamilton to the podium. Charles Leclerc was fourth after failing to hold off the Mercedes cars on older tires, ahead of Verstappen in fifth.
Persons: — Carlos Sainz Jr, Max Verstappen, Red Bull, Perez, Sainz, McLaren's Lando Norris, Mercedes, Lewis Hamilton, George Russell, , ” Sainz, Norris, ” Hamilton, Russell, Charles Leclerc, Pierre Gasly, Oscar Piastri, Liam Lawson, Kevin Magnussen, Haas Organizations: SINGAPORE, Singapore, Prix, Ferrari, One, Verstappen's, Bull's, McLaren, DRS, Alpine, AlphaTauri Locations: Singapore, Hamilton, Verstappen
Carlos Sainz of Spain driving the (55) Ferrari SF-23 after his pit stop during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on September 17, 2023 in Singapore, Singapore. Runaway standings leader Max Verstappen's winning run ended at 10 races and Red Bull's at 15 — both F1 records — as Carlos Sainz Jr. won the Singapore Grand Prix for Ferrari on Sunday. Red Bull dreamed of winning every race this year but had Verstappen fifth and Perez eighth after struggling all weekend in Singapore. That was the best feeling," Sainz said after celebrating with his team as fireworks lit up the Singapore circuit. Leclerc was fourth after failing to hold off the Mercedes cars on older tires, ahead of Verstappen in fifth.
Persons: Carlos Sainz, Ferrari, Qian Jun, Max Verstappen's, Carlos Sainz Jr, Red Bull, Perez, Sainz, McLaren's Lando Norris, Mercedes, Lewis Hamilton, George Russell, Norris, Carlos, Russell, Ferrari's Charles Leclerc, couldn't, Hamilton, Leclerc, Verstappen, Pierre Gasly, Oscar Piastri, Liam Lawson, Daniel Ricciardo, Kevin Magnussen, Haas, Aston Martin, Fernando Alonso, Lance, didn't Organizations: of Singapore, Marina, Circuit, Red Bulls, Bull's, Singapore, Prix, Ferrari, Sunday, McLaren, DRS, Alpine, AlphaTauri Locations: Spain, Singapore, Hamilton, Verstappen
The Supreme Court has a major impact on everyday Americans' lives. The thing is, the ramifications of what a Supreme Court can do are vastly more important than the feelings of a couple of justices. There is a 6-3 split on the court, with the justices appointed by GOP presidents enjoying a rather substantial lead. Democrats probably need to think about what an acceptable level of risk is for losing control of the Supreme Court for generations. Justice Ruth Bader Ginsberg decided against retiring during President Obama's term despite a desire from the president to ensure her replacement reflected her liberal values.
Persons: Roe, Wade, Biden, Sonia Sotomayor, Elana Kagan, Samuel Alito, Clarence Thomas, Ruth Bader Ginsberg, Obama's, Trump, Amy Coney Barrett Organizations: Service, Social Security Administration, Republican, Democratic, GOP Locations: Wall, Silicon, it's
That's not the case for many gig workers, such as Uber and Lyft drivers. But the companies' figures don't account for drivers' vehicle expenses, which take a cut out of their profits. Last year, he earned roughly $12,000 in combined income driving for Uber and Lyft before vehicle expenses, according to both apps' dashboards. Including his Lyft income, he calculated that he earned roughly $27 an hour in 2022 before vehicle expenses. Last year, he earned about $34,000 driving for Uber and Lyft before vehicle expenses, according to his app information.
Persons: That's, Sergio Avedian, Uber, Guy, Lyft, EVs —, Nathaniel Hudson, Hartman, he'd, Bolt, Jeff Hoenig, Gabe Ets, he's, Hokin Organizations: EV, Service, Hudson, Ets Locations: Wall, Silicon, Los Angeles, The Portland , Oregon, Hudson, Myrtle Beach , South Carolina, Oakland , California, San Diego
Many people might describe certain foods like chocolate, cheese or potato chips as "guilty pleasures." If you want a single serving of potato chips, for example, it's going to be one to two ounces. Single-serving bags of chipsWhen I open a full-sized bag of chips, I can lose all sense of what a single serving is. That's why I've switched to one-ounce mini bags of chips, as they're usually perfectly portioned out to be a single serving. My fiancé and I love going out to dinner for date nights, and we often share entrees or desserts.
Persons: I've, that's, Lauren Armstrong, Lauren Organizations: American Heart Association, Children, Western Michigan University Locations: cheddar, dietetics, Western
A device on NASA's Perseverance Rover converted Mars' thin air into oxygen. That's where the microwave-sized device called the Mars Oxygen In Situ Resource Utilization Experiment, aka MOXIE, comes in. AdvertisementAdvertisementMOXIE hitched a ride to Mars on NASA's Perseverance Rover in 2021 and has been hard at work ever since. A photo of NASA's Perseverance rover just feet above the Martian surface — part of a video several cameras recorded of the landing on February 18, 2021. Technicians at NASA's Jet Propulsion Laboratory lower the Mars Oxygen In-Situ Resource Utilization Experiment (MOXIE) instrument into the belly of the Perseverance rover.
Persons: we've, Trudy Kortes, MOXIE, Michael Hecht, Space.com, Pam Melroy Organizations: Rover, Service, NASA, JPL, Caltech, Space Technology, Jet Propulsion Locations: Wall, Silicon, Mars
Is Travel Insurance Worth It?
  + stars: | 2023-09-05 | by ( Kat Tretina | ) www.wsj.com   time to read: +12 min
Trip cancellation and interruption coverage is the most common form of travel insurance, making up nearly 90% of travel protection plans sold. Travel medical: When you travel to another country, typical health insurance plans — including Medicare — don’t cover you. Like all forms of insurance, travel insurance policies don’t cover every event that can impact your vacation. “When you travel using airline miles and hotel points, most credit card travel insurance policies won’t cover the trips,” says Huffman. “If you do not get travel insurance, you are rolling the dice,” says Hines, who adds she always recommends travel insurance to her clients.
Persons: Kat, we’ve, it’s, , Tiffany Hines, Mark Friedlander, ” What’s, Friedlander, Lee Huffman, Huffman, Kevin Payne, Payne, Hines, “ We’ve, won’t Organizations: Global, Travel, Insurance Information Institute, Disease Control, Prevention, World Health Organization, Spirit Airlines, Delta, Allianz Travel Locations: Athens , Georgia, Europe, U.S
The company's leaders put all their chips behind a new car they called the "Neue Klasse," or "new class." Now, BMW is at another crossroads, and is turning again to a "Neue Klasse" to drive a new strategic direction. Neue Klasse vehicles will be powered by 48-millimeter-diameter cylindrical batteries in different lengths. The Neue Klasse is targeting a 50% reduction in battery pack costs and 25% more range per kilowatt-hour, a measure of efficiency, executives said. Neue Klasse vehicles will have four "super brains," to control propulsion, driver assistance systems, infotainment and other functions, Weber said.
Persons: trailblazer Tesla, Adrian van Hooydonk, that’s, Frank Weber, Tesla, Oliver Zipse, Evangelos Simoudis, Weber, Mercedes, Stephan Durach, Durach, Joe White, Mark Potter Organizations: Neue, Reuters, BMW, REUTERS, Rights, trailblazer, Volkswagen, Mercedes, Benz, Neue Klasse, Munich, Klasse, chipmaker Qualcomm, Thomson Locations: Munich, Germany, Detroit, Hungary, Silicon
Morning Bid: Rates dice, AI arms race and G20 snub
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +5 min
AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. Even if that came in slightly above forecasts, an unexpectedly sharp slowdown in the country's service sector ensured another underwhelming reaction. Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India, sources told Reuters. Overall, Asia markets were flat to negative - Europe's bourses were higher and U.S. futures held steady ahead of Thursday's open. Reuters GraphicsReuters GraphicsReuters GraphicsReuters GraphicsBy Mike Dolan, editing by David Evans, <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>.
Persons: Dado Ruvic, Mike Dolan, chatbots, Xi Jinping, Premier Li Qiang, Susan Collins, Raphael Bostic, Luis de Guindos, Campbell, David Evans Organizations: REUTERS, Federal Reserve, Baidu, HK, Washington, Reuters, Premier, U.S, Treasury, UBS, Chicago, Boston Federal, Atlanta Fed, European Central Bank, Broadcom, Dollar, Hormel, Reuters Graphics Reuters, Thomson Locations: U.S, Beijing, India, New Delhi, Asia
Frequent weather catastrophes, induced in part by climate change, are bearing down on homeowners and would-be buyers. Here's how consumers can navigate the home insurance market amid increasing climate-driven weather risks:The home insurance market disruption is going to get worseThings are likely to get worse for homeowners and would-be buyers. Also in June, Farmers Insurance became the latest insurer to pull out of Florida, a market that's been roiled with turmoil for many years. Policyholders should expect to pay moreThe average cost of homeowners insurance nationwide is $2,777 a year, with rates varying by state, according to Insurance.com, a consumer comparison service. Already, some homeowners are choosing to roll the dice on ownership without insurance rather than pay increasing premiums.
Persons: Hurricane Ian, Idalia, Ian —, John Dickson, David A, Sampson, , George Hosfield, Rich Sorkin, Stephen Bennett Organizations: Global, Aon, American, Casualty Insurance Association . Insurance, LexisNexis, Allstate, Farmers Insurance, Jupiter Intelligence Locations: Pine, Hurricane, Matlacha , Florida, Florida, California, Cuba, Oklahoma, Hawaii, Arkansas, Louisiana , Nebraska , Iowa , Kansas , Oklahoma , Illinois, Kentucky, Tennessee
Atlanta CNN —Former White House chief of staff Mark Meadows rolled the dice on Monday with his opening move in the sprawling Fulton County election subversion trial: he took the stand himself. If the judge agrees, the trial could end up moving from state court to federal court, a more advantageous legal spot for Meadows. The former chief of staff also grew somewhat exasperated as the prosecutor questioned why his role would include setting up a call to settle private litigation. “There is a role for the chief of staff to make sure those campaign goals and objectives are implemented at the federal level,” Meadows argued. Meadows quipped, “I can’t imagine I would be chief of staff for President Biden.”
Persons: Mark Meadows, Meadows, Donald Trump, Joe Biden, Fani Willis, Trump, it’s, ” J, Tom Morgan, “ I’m, Jack, Steve Jones, Jones, Barack Obama, Monday’s, ” Jones, CNN Meadows, wasn’t, Willis, Brad Raffensperger, Trump’s, , ” Meadows, George Terwilliger, ” Terwilliger, John McEntee, William Barr, , Barr’s, Biden Organizations: Atlanta CNN — Former White House, White, Meadows, US, CNN, Georgia, Trump, Trump White House Locations: Fulton County, Meadows, Atlanta, DeKalb County , Georgia, Fulton, Cobb County , Georgia, United States, , Lafayette Park, Georgia
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