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Tiger Woods at the practice range on April 5, 2022, before the start of the 2022 Masters at Augusta National Golf Club in Augusta, Georgia. Woods says the name of the brand "Sun Day Red" is a tribute to the fact that he's always worn red on Sundays. The tiger logo is a tribute to the 15 majors he has worn over the course of his career. The brand, Sun Day Red , will be available first only online beginning in May. Tiger Woods and TaylorMade have made it official.
Persons: Tiger Woods, Woods, Tiger, TaylorMade, David Abeles, Abeles, Mark Steinberg, Michael Jordan, Eric Smallwood, Smallwood, Rory McIlroy, That's, Josh Gerben, Gerben Organizations: Augusta National Golf Club, PGA, Sun, Nike, CNBC, TaylorMade, Air, Apex Marketing, of Famer, Apex, ESPN, Ventures, Gerben, CNBC PRO Locations: Augusta , Georgia, Pacific Palisades , California, Carlsbad , California, TaylorMade, Los Angeles
New York CNN —Is Wall Street’s favorite clique of tech stocks in need of a makeover? Most of the Magnificent Seven stocks have reclaimed their leadership of the market this year, with shares of Nvidia, Meta Platforms, Alphabet and Microsoft reaching record highs. Many investors are skeptical that the Magnificent Seven will match their blockbuster gains from 2023, even if they continue their leadership this year. Jim Worden, chief investment officer at the Wealth Consulting Group, says he believes the group should consolidate to the “Fab Five,” which he classifies as the Magnificent Seven minus Tesla and Apple. “There is a big leadership change underway in the Magnificent Seven stocks,” wrote Louis Navellier, chairman of Navellier & Associates, in a note on Tuesday.
Persons: Jim Worden, , Worden, Michael Hartnett, Jim Cramer, Louis Navellier, , Nancy Tengler, It’s, Walt, Gina Lee, Samantha Delouya, Disney, Ron DeSantis, Diksha Madhok, ” TSMC, Joe Biden, ” Read Organizations: CNN Business, Bell, New York CNN, Nvidia, Meta, Microsoft, Apple, Wealth Consulting, Bank of America, Facebook, Netflix, Google, Federal Reserve, Micro Computer, Navellier, Associates, EV, Disney, Walt Disney World, Disney Vacation, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, US Locations: New York, China, American, Orlando , Florida, , Florida, Japan Chip, Japan, Arizona
Read previewHealth insurance giant Cigna is exiting the lucrative senior business that's been a boon to insurers' bottom lines for years. It's a sign that the glory days of Medicare Advantage might be coming to an end. Cigna's senior business isn't the biggest, but it's also nothing to sneeze at. In January, Humana, the second-largest Medicare Advantage insurer with 6 million members, slashed its profit projections because of these costs. AdvertisementIn late 2023, rumors swirled that Cigna was looking to sell its Medicare Advantage plans so it could pull off a merger with Humana—the second-largest Medicare Advantage insurer.
Persons: , that's, Cigna, it's, It's, David Cordani, Cordani, Gary Taylor, Cowen, Taylor, Dean Ungar, Humana, Ungar Organizations: Service, Health Care Service Corp, Medicare, Business, Kaiser Family Foundation, Competition, Humana, Moody's Investors Service Locations: Illinois
Australian computer scientist Craig Wright entered the witness box at the High Court and testified he was the man behind “Satoshi Nakamoto,” the pseudonym that has masked the identity of the creator of bitcoin. The trial started on Monday and is expected to last a month, before a judge rules at a later date. The ruling will affect three pending lawsuits that Wright has filed based on his claim to having the intellectual property rights to bitcoin. Wright appears to have never done so, despite vowing to prove that he's the owner of the fortune. In the London trial, Hough repeatedly sparred with Wright over the authenticity of documents that he said support his claims.
Persons: Craig Wright, “ Satoshi Nakamoto, bitcoin, Wright, he’s, , Satoshi, Jonathan Hough, , “ Wright, Tominaga Nakamoto, Satoshi David, J.P, Morgan, Anthony Grabiner, hadn't, Wright’s, ” Grabiner, David Kleiman, Hough Organizations: High, Alliance Locations: London, Australian, Florida
Zelensky did not offer clarify who would be replaced, but his comments come amid speculation over the future of army chief Valerii Zaluzhnyi. The army chief had suggested that the drafting of up to half a million additional soldiers was required, which Zelensky resisted. That operation began in June and was aimed at driving Russian forces back from the territories they have occupied since 2022, particularly in the south of the country. Zalzhnyi’s ouster would also be a politically risky move for Zelensky, given the general’s immense popularity has survived counteroffensive’s failure. A poll published by the Kyiv Institute of Sociology in December found 88% of Ukrainians supported the army chief compared to 62% for the President.
Persons: Volodymyr Zelensky, Zelensky, , ” Zelensky, Valerii, Zaluzhnyi, Republicans hewing, Donald Trump, Serhiy Nykyforov, Zalzhnyi, Zalzhnyi’s, CNN’s Joshua Berlinger Organizations: CNN, RAI, European Union, Republicans, Kyiv Institute of Sociology Locations: Russia, Ukraine, Orikhiv, Azov, Crimea, Zaluzhnyi, European, Washington
As I cradled my newborn daughter in a hospital room in Madison, Wisconsin, a mix of emotions swirled within me. My gaze drifted to a nearby photo of my sister, Kristin, who'd passed away weeks earlier, at 17, taken too soon by an aneurysm. Courtesy of the authorI named my daughter after my sister to honor her and further her legacySix weeks before my daughter's birth, Kristin suffered a massive aneurysm in my apartment. But in Kristil's laughter and her curiosity, I felt Kristin's spirit surround us — a reminder that love transcends even the finality of death. The author and her daughter, Kristil, in Paris.
Persons: Kristin, who'd, I'd, Nelson, Tupac, Biggie Smalls, we'd, Kristil, she'd, exuded Locations: Madison , Wisconsin, Paris
According to ESPN, Mbappé has not informed PSG or Real Madrid of his decision but is expected to make an announcement next week. CNN has reached out to PSG, Real Madrid and Mbappé’s representation for comment. Paris St Germain's Kylian Mbappé in action with Newcastle United's Anthony Gordon on November 28, 2023. Sarah Meyssonnier/ReutersMbappé, for his part, has flirted with Real Madrid year after year. “My father received a call from someone at Real Madrid, inviting me to come to Spain for a training session over the holiday break,” Mbappé told The Players’ Tribune.
Persons: Kylian, he’s, Germain, Le, Mbappé, , de Cordée, , ” Mbappé, David Beckham, Ronaldo Nazário, Zidane, Cristiano Ronaldo, Kaká, Germain's Kylian, Newcastle United's Anthony Gordon, Sarah Meyssonnier, Zinedine Zidane, ‘ Zidane, ’ ” Organizations: CNN, Real Madrid, Paris Saint, PSG, Le Parisien, ESPN, Real, AS Monaco, peerless, Madrid swirled, The New York Times, , Blancos, Newcastle, Reuters, Players ’ Tribune Locations: French, Paris, Real Madrid, ” Real Madrid, Spain
Travis Kelce spoke about his relationship with Taylor Swift in a press conference on Friday. Kelce said they've discussed navigating privacy amid their very public relationship. AdvertisementTravis Kelce says he and Taylor Swift don't pay attention to "outside noise" surrounding their very public relationship. "As long as we're happy, we can't listen to anything that's outside noise, "Kelce said. Travis Kelce and Taylor Swift in New York City.
Persons: Travis Kelce, Taylor Swift, Kelce, they've, , Swift, Jason Kelce's, we're, David Eulitt, he's Organizations: Service, Kelce's Kansas City Chiefs, Baltimore Ravens, Kansas City Chiefs, Philadelphia Eagles, Bowl, Time Locations: Kelce's, New York City, Gotham
That comes as the rest of the “Magnificent Seven” — Nvidia, Microsoft, Meta Platforms, Amazon, Apple and Alphabet — continue climbing higher. Excluding Tesla, the Magnificent Seven is projected to report an aggregate 53.7% fourth-quarter earnings growth from the prior year, according to FactSet. Companies in the S&P 500 index are expected to report a 10.5% earnings decline minus those six firms. The “Magnificent Seven” excluding Tesla has a combined market cap of roughly $12 trillion, according to Bespoke Investment Group data through Wednesday’s close. Her firm owns all of the Magnificent Seven stocks except for Tesla.
Persons: Tesla, Howard Silverblatt, Dow, “ You’re, , Saira Malik, Russell, , Shelby McFaddin, Wall, Joe Mazzola, Charles Schwab Organizations: New, New York CNN — Tech, Nvidia, Microsoft, Meta, Amazon, Apple, Companies, Big Tech, Dow Jones, Investors, Federal Reserve, Dow, Tesla, Investment, Federal, Locations: New York
Culture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since October, according to the findings of a third-party probe. Results of the investigation, which reviewed whether Cruise representatives misled investigators or members of the media in discussing the incident, were published Thursday in a 105-page report. "This conduct has caused both regulators and the media to accuse Cruise of misleading them," the report stated. Quinn Emanuel, the business litigation firm that Cruise retained to conduct the three-month investigation, interviewed 88 Cruise employees and reviewed more than 200,000 documents, including emails, texts, Slack messages and more. The firm is known for representing high-profile celebrities and business owners, including Tesla CEO Elon Musk.
Persons: Cruise, Quinn Emanuel, Slack, John Potter, Quinn Emanuel Urquhart, Elon Musk Organizations: General Motors, Cruise, CNBC, Sullivan, Tesla Locations: Cruise, San Francisco
That day, “tiny seeds were planted,” and Ringer got a sense that he could do this one day – he could walk across America. Courtesy Holden Minor RingerCreating walkable communitiesTo prepare for his journey – which started in March 2023 – Ringer started going on longer walks, eventually doing a nine-day walk from Vancouver to Seattle. He started off the journey with a backpack full of gear, but a lot has changed over the months. The journey also opened his eyes to the intense safety risks of walking through a country that centers around vehicle use. “At the start of the walk, I was thinking – maybe I want to walk across the world next.
Persons: CNN — Holden Ringer, he’s, Ringer, , ” Ringer, didn’t, Forrest Gump, ’ ”, ” He’s, Holden Ringer, Holden, He’s, Smiley, it’s, , who’ve, , he’d, hadn’t Organizations: CNN, KFC, Emory University, America Locations: America, Seattle, Georgia, Kansas, Atlanta, Nashville , Tennessee, Vancouver, Washington ,, New York, Connecticut, Oregon, Dia de, Boise , Idaho, Missouri, Colorado
Christina Applegate made a rare public appearance to present the first Emmy, for supporting actress in a comedy series. Glamorous in a plunging gown and visibly overcome by the long standing ovation she received, she still made self-deprecating jokes about Ozempic and disability. “You’re totally shaming me with disability by standing up,” she told the crowd. Applegate hasn’t announced any new projects since receiving a diagnosis of multiple sclerosis in 2021. (“It’s not like I came on the other side of it, like, ‘Woohoo, I’m totally fine,’” she told The Times in 2022, speaking of that diagnosis.
Persons: Christina Applegate, “ You’re, , ” Applegate, Quinta Brunson, “ Abbott, prettiness, Jen, Linda Cardellini’s Judy, Applegate hasn’t, I’m, Applegate, Kelly Bundy, Samantha Who ” Organizations: Netflix, Times
Meanwhile, Jim Cramer's interview with an influential member of President Joe Biden's cabinet proved encouraging for Club holding Nvidia . It's been a two-session roller-coaster ride that illustrates the importance of staying disciplined and not chasing stocks while they're surging for non-fundamental reasons. Traders were trying to front-run the official announcement, pushing Linde stock up 4.53% Tuesday, to an all-time high of $426.72 per share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Nvidia CEO Jen-Hsun Huang at the Consumer Elctronics Show (CES) in Las Vegas, USA, 04 January 2017.
Persons: Linde, Jim Cramer's, Joe Biden's, It's, Pfizer's, drugmaker Seagen, there's, Gina Raimondo, Jim, Biden, Raimondo, " Raimondo, Cigna, Humana's, , Humana, Aetna's, Jim Cramer, Jen, Hsun Huang, Huang, Andrej Sokolow Organizations: Club, Nvidia, LIN, Linde, Nasdaq, Traders, . Commerce, U.S, Bank of America, Wall Street Journal, Humana, CNBC, Consumer, Audi, Getty Locations: China, U.S, Wall, Las Vegas, USA
Why a Major Primary Challenge to Biden Is So Unlikely
  + stars: | 2023-11-30 | by ( Maggie Astor | ) www.nytimes.com   time to read: +1 min
The Democratic anxiety that has swirled around President Biden for over a year has kicked into overdrive in recent weeks, as his approval ratings have stayed stubbornly low and polls have shown the possibility of his losing to former President Donald J. Trump. That anxiety has crystallized into one question, repeated like a drumbeat: Can’t some big-name Democrat challenge him? There are several reasons for that, most of which boil down to it being really hard to run a successful primary campaign against a sitting president. And doing so at this point, just two months before voting starts, wouldn’t be feasible anyhow. Making things still more difficult for a would-be challenger is that Mr. Biden remains relatively popular among Democratic voters.
Persons: Biden, Donald J, Marianne Williamson, Dean Phillips, doesn’t Organizations: Trump, Democratic, New York Times, Siena College
Over the summer, Bob Iger seemed to hint that ABC and Disney's other networks were for sale. Since returning as CEO, Iger has turned his focus to streaming. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "That was a means of my saying to Wall Street or the investment community that our heads were not in the sand about the challenges that those businesses were having," he said Wednesday. Perhaps Iger is once again testing the waters of the investment community.
Persons: Bob Iger, Iger, , Disney, Byron Allen Organizations: Service, ABC, Disney, The New York Times, Summit, CNBC, Allen, Co, Nexstar Media Group, Allen Media Group, Geographic Locations: Sun Valley , Idaho
Shoppers crowd a Walmart store ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. Online consumer spending jumped 7.8% during Cyber Week, or the five days from Thanksgiving through Cyber Monday, according to data from Adobe Analytics, outstripping initial expectations for a 5.4% rise. But blockbuster deals rolled out from Thanksgiving Day through Cyber Monday helped spread the holiday cheer for bargain-hunters. Sales on Cyber Monday jumped a better-than-expected 9.6% to a record $12.4 billion, as shoppers clicked "buy" on Hot Wheels toys, PlayStation 5, smart watches and kitchen appliances. Reuters GraphicsAdobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.
Persons: Kamil Krzaczynski, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, Adobe Digital, Graphics Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru
Walking toward the shrinking remnants of what used to be the Aral Sea in Uzbekistan was like entering hell. I reached the edge of one of the scattered lakes which are all that remain of this once-great body of water. In the nearby town of Muynak, black and white newsreels in the local museum, and pictures in the family photo albums of residents, tell of better times. During the Soviet era, fishing communities like Muynak ringed the sea, thriving off its bounty: sturgeon, flounder, caviar and other staples of Soviet dinner tables. But over the decades, Soviet authorities diverted rivers that flowed into the sea to irrigate cotton and other crops.
Persons: Oktyabr Dospanov, Locations: Uzbekistan, Muynak, Michigan
After Sam Altman's ouster, many are wondering why OpenAI board members booted him. Bedrock Capital's founder, an OpenAI investor, is more concerned with a board member's background. Geoff Lewis said, without offering evidence, he thinks an ex-board member's ties to China should be examined. Instead of debating Toner's reason to oust Altman, Lewis said the "right set of questions" should be aimed at her background. AdvertisementToner, along with Tasha McCauley, the only two female board members of OpenAI, were removed from the board following their votes to vacate Altman from his role as CEO.
Persons: Sam Altman's, Geoff Lewis, , Sam Altman, Altman, Helen Toner, Lewis, Toner, CNBC's Rebecca Quick, Tasha McCauley Organizations: Service, Chinese Communist Party, CNBC, Oxford University's Center, Twitter, US Social, Foreign Affairs, Bedrock, Business, The New York Times, Microsoft Locations: China, OpenAI, Beijing
More than 200 million shoppers tapped into promotions both in-store and online during the Thanksgiving weekend, the National Retail Federation (NRF) said on Tuesday. That was a jump from the 196 million shoppers seen last year and trumped the trade association's estimates of 182 million. Online shoppers rose 3.1% to 134.2 million, making up for a slight dip in the number of customers who visited brick-and-mortar stores. The weekend saw about 121.4 million in-store shoppers, down from 122.7 million in 2022, according to the retail body. Adobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.
Persons: Kamil Krzaczynski, Matthew Shay, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, National Retail Federation, Shoppers, Adobe Digital, Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru
Celsius, the suddenly-ubiquitous energy drink, is a favorite of Gen Z — and Capitol Hill. "I love to take meetings in front of the Celsius vending machine," he told Business Insider. "It's a way better alternative to coffee, honestly," Robertson told Business Insider. "Capitol Hill is full of young, energetic career-oriented people who by and large care about fitness," he told Business Insider. Stanford said these young workers are part of a new consumer group that's helping drive the overall growth of the energy drink market.
Persons: Z, , Matthew Hoekstra, Gen Z, Brent Robertson, Roger Marshall, Victoria Knight, Knight, she's, Robertson, Hoekstra —, Matthew Hoekstra Florida, Anna Paulina Luna, w3O2gsMYXP —, Eric Garcia, Rayburn, Dirksen, — Doug Andres, @DougAndres, curt, Duane Stanford, Stanford, Hoekstra, John Parra, Garcia Organizations: Capitol, Service, Republican Kansas, Capitol Press Corps, PepsiCo, Vibe, Caucus, The Independent, Republican House, Cannon, Beverage, Essential Energy, Republicans Locations: Washington, Rayburn
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 22 (Reuters) - China has placed debt-laden Country Garden Holdings Co (2007.HK) on a draft list of 50 developers eligible for a range of financing support, Bloomberg reported on Wednesday, citing people familiar with the matter. Country Garden declined to comment. Once China's biggest private property developer, Country Garden missed a coupon payment in October, triggering default terms. It is unclear what specific measures will be taken to support the developers on the draft list.
Persons: Aly, CIFI, Bloomberg, Ting Meng, Nomura, Devika Nair, Xie Yu, Kim Coghill, Clarence Fernandez Organizations: Shanghai Country Garden, REUTERS, Garden Holdings, HK, Bloomberg, Ocean Group, CIFI Holdings, Reuters, Wednesday, Regulators, Country, ANZ Bank China, Thomson Locations: Shanghai, China, Beijing, Bengaluru, Hong Kong
While OpenAI later transitioned to a for-profit model, its controlling shareholder remains the nonprofit OpenAI Inc. and its board of directors. This unique structure made it possible for four OpenAI board members — the company's chief scientist, two outside tech entrepreneurs and an academic — to oust CEO Sam Altman on Friday. When it was founded, OpenAI’s original board co-chairs were Altman and Tesla CEO Elon Musk. Musk recently launched his own AI startup, xAI, to compete with OpenAI, Microsoft and Google, among others. OpenAI's board members have not responded to requests for comment.
Persons: ChatGPT, OpenAI, Sam Altman, Berkshire Hathaway, OpenAI’s, , Sarah Kreps, Altman, Greg Brockman, , Kreps, Ilya Sutskever, we’ve, Adam D’Angelo, Tasha McCauley, Helen Toner, Reid Hoffman, Will Hurd, Shivon Zilis, Brockman, Elon Musk, Musk, D’Angelo, tweeting, ” He’s, Matt O'Brien, Michael Liedtke Organizations: FRANCISCO, Google, Facebook, OpenAI Inc, Cornell University’s Tech Policy Institute, Microsoft Corp, Microsoft, Georgetown Center for Security, Emerging Technology, Republican U.S . Rep, Tesla, OpenAI, Associated Press Technology Locations: Berkshire, OpenAI, Will Hurd of Texas, Providence , Rhode Island, San Francisco
A U.S. official had said the deal will include a four- or five-day ceasefire, the first pause in six weeks of an Israeli bombardment of Gaza. Hamas took about 240 hostages, including children and elderly people, during its rampage into Israel that killed 1,200 people, according to Israel's tally. Relatives of the Israeli hostages and supporters had marched by the thousands along the highway from Tel Aviv to Jerusalem to pressure the government to secure the captives' release. An Israel Prison Service spokesperson said they were not aware of a deal to release Palestinian prisoners. Hamas has to date released only four captives: U.S. citizens Judith Raanan, 59, and her daughter, Natalie Raanan, 17, on Oct. 20, citing "humanitarian reasons," and Israeli women Nurit Cooper, 79, and Yocheved Lifshitz, 85, on Oct. 23.
Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz, Netanyahu, Joe Biden, Daniel Hagari, Ishay, Reuma, Tarshansky, Zvika, Omer Wenkert, Itzhaki, Qadura, Judith Raanan, Natalie Raanan, Nurit Cooper, Yocheved Lifshitz, Maayan Lubell, Rami Amichay, Eli Berlzon, Henriette Chacar, Steve Holland, Jonathan Landay, Steven Scheer, Howard Goller Organizations: Rights, U.S, Hamas, Qatar, Defence Ministry, Prisoners ' Affairs, Palestinian Authority, Reuters, Israel Prison Service, Thomson Locations: Tel Aviv, Israel, ABIR, Gaza, Jerusalem, Gali, Kibbutz Beeri, Ramallah
Who is Emmett Shear, the new CEO of OpenAI?
  + stars: | 2023-11-20 | by ( Brian Fung | ) edition.cnn.com   time to read: +6 min
CNN —A sudden and seismic leadership crisis at OpenAI has led to a revolving door of CEOs at the artificial intelligence company, with tech entrepreneur Emmett Shear becoming the latest to take the helm on Monday. But by Monday morning, Altman had accepted a job at Microsoft, the tech giant with a sizable investment in OpenAI, Shear was named interim CEO and hundreds of OpenAI employees — including Murati — were calling for the board’s resignation and threatening to follow Altman to Microsoft. Now, picking up the pieces at OpenAI will be Shear, the 40-year-old co-founder of the video-game live-streaming company Twitch. On Monday, Shear announced he had accepted the job of interim CEO because he believes OpenAI “is one of the most important companies currently in existence.”Whether it can remain so depends on what Shear does next. But with Altman and his allies working in-house at Microsoft, Shear — and whomever succeeds him as OpenAI’s permanent CEO — may forever be overshadowed.
Persons: Emmett Shear, Sam Altman, Mira Murati, Altman, Shear, Murati —, OpenAI “, ” Shear, , He’s, “ You’ll, , OpenAI Organizations: CNN, Microsoft, Twitch, Amazon, Yale, Bing Locations: OpenAI,
I was a top-ranking student in my high school and thought I would easily get into Delhi University. I was devastated and felt like a failure, but I went to college anyway and am now successful. AdvertisementAdvertisementBut it all took a turn during my senior year of high school. My journey from school to freelancing has taught me that the path to success is not always a straight line. It's full of twists and turns, setbacks and triumphs, but it's a journey worth taking.
Persons: , I'd, I've Organizations: Delhi University, Service, Life Locations: India, Delhi
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