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☆ Spirit Halloween is transforming some of its stores into a Christmas spinoff
▼ + stars: | 2024-10-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —When the latest spooky season passes, it won’t mark the end for some Spirit Halloween stores, with the chain planning to convert some locations and keep them open for the holidays. The retailer is opening a total of 10 Spirit Christmas stores, primarily in the US Northeast, filled with the winter holidays-themed items including gifts, decorations and inflatables. The pop-up chain will be a mixture of some converted Spirit Halloween stores and new locations. This year, Spirit Halloween opened a record 1,525 stores in the United States and Canada. The winter holidays are even a bigger business for Spirit Halloween to tap into: Last year, spending across the country grew nearly 4% to a record $964 billion, the NRF said.

Persons: Santa, “, ”, Spencer Organizations: New, New York CNN, CNN, National Retail Federation Locations: New York, , New Jersey, United States, Canada

☆ Gaming sector is seeing record growth
▼ + stars: | 2024-10-08 | 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 EmailGaming sector is seeing record growthAmerican Gaming Association CEO Bill Miller says the gaming industry has seen 41 months of continued growth.

Persons: Bill Miller Organizations: Gaming, American Gaming Association

☆ Trump seeds disinformation as he sets course for a possible Oval Office return
▼ + stars: | 2024-10-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

In a fact-bending blast of disinformation, the former president is charging Vice President Kamala Harris and President Joe Biden’s White House of the very transgressions of which he stands accused. This is false, but Trump, while president, did repurpose FEMA funds to help finance his hardline immigration policies. But in retrospect, the charade featuring his first White House press secretary Sean Spicer was a harbinger of an administration that bucked fact as an instrument of political power. Trump voters respond to his populism and his evisceration of elites and many sincerely believe he’s a response to a march to the left by the Democratic Party. Both Trump and Harris, who are deadlocked in the polls, are chasing voters who may not habitually follow politics.

Persons: Donald Trump, Kamala Harris, Joe Biden’s, Helene, Trump, Biden, ”, you’ll, Hugh Hewitt’s, –, Harris, It’s, fib, Tim Walz, Don’t, ” Trump, Ohio Sen, JD Vance, ” Vance, Dana Bash, Biden hadn’t, “, it’s, braggadocio, Sean Spicer, Trump’s, ’, Vance, —, Mike Pence, Liz Cheney, stigmatize Harris, Viktor Orbán Organizations: CNN, FEMA, Republican, Democratic, Trump, Veterans, Foreign Wars, Union ”, Biden, GOP, White, Democratic Party, Wyoming Locations: Wisconsin, “, Hong Kong, Minnesota, Kansas City, Springfield , Ohio, “ State, North Carolina, Hurricane, York, Hungarian, America

☆ A startup pitching AI as a way to automate 80% of influencer-marketing tasks gets funding from billionaire Tim Draper
▼ + stars: | 2024-10-08 | by ( Dan Whateley | ) www.businessinsider.com time to read: +5 min

Influencer-marketing startup Dreamwell AI raised $2.3 million in a pre-seed round led by Tim Draper. The company uses AI to automate marketing tasks like influencer prospecting and outreach. A new tech startup called Dreamwell AI has its sights set on using AI to make influencer marketing run more efficiently. "First and foremost, we try to understand what's the value of this creator," Khazaal said. Startups and Big Tech alike are adding AI tools to help creators automate tasks like video editing, dubbing, and even coming up with ideas.

Persons: Tim Draper, —, Kazzy Khazaal, Dreamwell, Tim Draper's, Draper, Khazaal, they'd, Prashant Matta Organizations: Service, Business, Draper Associates, Seed Venture Fund, YouTube, LinkedIn, Big Tech, Publicis Groupe

Vice President Kamala Harris criticized former President Donald Trump on Monday over false claims he has made talking about disaster relief for victims of Hurricane Helene. Harris told reporters that there's a lot of "disinformation being pushed out there by the former president about what is available, in particular to the survivors of Helene," from the Federal Emergency Management Agency. A Trump campaign spokesperson didn’t immediately respond to a request for comment Monday night. Trump last week amplified a false claim about FEMA's disaster funds, saying they were being distributed to migrants who entered the U.S. illegally. “It’s really a shame that we’re putting politics ahead of helping people, and that’s what we’re here to do,” Criswell said.

Persons: Kamala Harris, Donald Trump, Hurricane Helene, Harris, Helene, it’s, Trump, didn’t, “, ” Trump, Criswell, ” Criswell Organizations: Federal Emergency Management Agency, FEMA, Trump, U.S, NBC News, Customs, Protection, Department of Homeland Security, ABC News, Hurricane Locations: Hurricane, Saginaw , Michigan, Butler , Pennsylvania, Florida

☆ 'SNL' recreates iconic Univision show 'Sábado Gigante' in a nostalgic Spanish-language skit
▼ + stars: | 2024-10-07 | by ( Kaitlyn Schwanemann | Kaitlyn Schwanemann Is An Intern For Nbc News. | ) www.nbcnews.com time to read: +2 min

The “SNL” skit ends with all of the zany characters breaking out into song alongside Joshua, who is still confused. Viewers were impressed with how well “SNL” captured the over-the-top and eccentric nature of “Sábado Gigante” that they remember from their childhoods, and took to social media to voice their praise. “This SNL sketch about Sábado Gigante is funny because it’s exactly like Sábado Gigante,” one X user wrote. “Sábado Gigante sketch on SNL was both hilarious and accurate. “I want to thank @marcellohdz and @nbcsnl for bringing to memory those special moments of our dear Sábado Gigante,” Kreutzberger wrote in Spanish.

Persons: I’m, ” Joshua, “, Don Francisco’s, Joshua, “ El, “ Sábado Gigante ”, curt, SNL ”, Sábado, Sábado Gigante, “ Sábado, Steven Castillo, ” Kreutzberger, Instagram, ” Don Francisco Organizations: SNL, Guinness, Associated Press, NBC News Locations: Miami, Mexican American, Chilean, U.S

☆ Céline Dion teams up with ‘Sunday Night Football’ in new video
▼ + stars: | 2024-10-07 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +2 min

Céline Dion made a special appearance during “Sunday Night Football” ahead of the matchup between the Pittsburgh Steelers and the Dallas Cowboys. Hours before kickoff, “Sunday Night Football” teased the music superstar’s upcoming appearance on the NBC program. Just before the delayed kickoff, Dion starred in a video addressed to football fans, featuring clips of the storied Steelers-Cowboys rivalry. The Cowboys and the Steelers, a timeless classic, on Sunday night,” Dion concluded. Dion’s “SNF” appearance follows her performance this summer at the opening ceremony for the 2024 Paris Olympic Games.

Persons: Céline Dion, ”, SNF ”, Dion, “, they’re, ” Dion, Edith Piaf’s “ Organizations: Pittsburgh Steelers, Dallas Cowboys, NBC, Steelers, Cowboys, Sunday, NFL, Steelers ’, The Cowboys, Gatorade, Olympic, Eiffel

☆ 'Joker 2' stumbles at box office with lackluster $40 million debut
▼ + stars: | 2024-10-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

“Joker: Folie à Deux,” a genre-bending sequel to the billion-dollar comic book smash, hit a sour note at the box office even as it opened to No. That’s a problem because the R-rated sequel carries a substantial $200 million price tag (the first film was produced for a trim $65 million). So, “Folie à Deux” needs to generate at least $450 million to break even, according to sources familiar with the film’s financials. Muted buzz for “Folie à Deux” began at Venice Film Festival, where “Joker” took home the fest’s top prize in 2019. Joaquin Phoenix and Lady Gaga attend the Los Angeles premiere of "Joker: Folie a Deux" on Sept. 30.

Persons: ”, “, Jeff Bock, Warners, tentpole, haven’t, Joker ”, Joaquin Phoenix, Lady Gaga, Matt Winkelmeyer, WireImage Todd Phillips, Arthur Fleck, Harleen “ Lee ” Quinzel, Gaga, Martin Scorsese, ” “ Todd Phillips, Bock, Lionsgate’s, Jacob Tremblay, Julian, Bryce Gheisar, Sony’s, Pharrell Williams Organizations: Warner Bros, Phoenix, Bron Creative, Warners, Venice Film, Los Angeles, Lionsgate, DreamWorks Locations: Danish

☆ LeBron James, son Bronny play together for the first time in a preseason game
▼ + stars: | 2024-10-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

PALM DESERT, Calif. — LeBron James and his son, Bronny, made NBA history Sunday night when they played together for the first time during the Los Angeles Lakers’ preseason game against Phoenix. LeBron and Bronny are the first father and son to play in any NBA game at the same time, let alone on the same team. Bronny James entered the game as a substitute to begin the second quarter, joining his father on the court out of the timeout. LeBron James is beginning his record-tying 22nd season in the NBA, while LeBron James Jr. — known to all as Bronny — was the Lakers’ second-round draft pick this summer. LeBron sat out of the Lakers’ preseason opener against Minnesota last Friday night, resting up after a full week of training camp following a busy summer.

Persons: LeBron James, Bronny, James family’s, Bronny James, LeBron James Jr, —, LeBron, JJ Redick, Savannah, Bryce, Zhuri, Anthony Davis, Redick, they’ve, they’ll, Ken Griffey, Gordie Howe, Marty, Mark Organizations: Los Angeles Lakers ’, Phoenix, NBA, Acrisure, Lakers, University of Southern, South Bay Lakers, G, Minnesota, Timberwolves, Cleveland Cavaliers, U.S, Paris Olympics, Suns, North, Seattle Mariners, MLB, WHA’s Houston Aeros, NHL’s Hartford Whalers Locations: Calif, University of Southern California, Los Angeles, Savannah Brinson, North American

☆ NFL Week 5: All the crazy way teams scored (and won)
▼ + stars: | 2024-10-07 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +3 min

In Week 5, scoring returned — and, in several cases, it happened in some of the oddest and most unexpected ways. The Jacksonville Jaguars’ Tank Bigsby was first hit 14 yards from the end zone by one Indianapolis Colts tackler and appeared to be wrapped up by another at the 11. Yet, with two teammates pushing him forward, he wound up with a touchdown instead of a short gain, a score that became part of Jacksonville’s first victory. Two minutes before halftime, Green Bay Packers quarterback Jordan Love dropped back into his end zone and was shoved with two hands — but not sacked for a safety — by a chasing Rams defender. Officially, he went 101 yards, 18 yards longer than Seattle’s previous franchise record for a fumble return.

Persons: —, Bigsby, Jordan Love, Still, Love, Deommodore Lenoir, Patrick Surtain II, Gardner Minshew, Minshew, Minshew’s, Aidan O’Connell, Lamar Jackson, Isaiah, Eric Gray, Gray, Rayshawn Jenkins, Jenkins, Isaiah Simmons, Bryce Ford Organizations: NFL, Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Rams, San Francisco 49ers, San, Las Vegas Raiders, Denver Broncos, Raiders, Baltimore Ravens, Cincinnati, Sunday, Seahawks, Giants, Seattle, Wheaton Locations: Jacksonville’s, Los Angeles, San Francisco, Arizona, Seattle

☆ A Tesla trader turned $65,000 into $306 million before losing it all, according to a lawsuit
▼ + stars: | 2024-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

A Canadian trader turned $65,000 into $306 million by betting on Tesla during the pandemic. The trader is suing RBC and Grant Thornton, claiming he received "inadequate advice" that led to huge losses. AdvertisementA trader from Vancouver Island, Canada, minted a fortune betting on Tesla stock before losing everything, according to a lawsuit filed against RBC and tax advisory firm Grant Thornton LLP last week. But when Tesla stock plunged in 2022, DeVocht was forced to sell Tesla stock at depressed prices to pay back those margin loans. RBC and Grant Thornton LLP told media outlets that they do not comment on active lawsuits before the courts.

Persons: Grant Thornton, —, Christopher DeVocht, DeVocht, Tesla Organizations: Tesla, RBC, Service, Royal Bank of Locations: Vancouver Island, Canada

☆ Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
▼ + stars: | 2024-10-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.

Persons: —, Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Netflix, Campbell Soup, Gilead, American Express & more
▼ + stars: | 2024-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo upgrades Gilead to overweight from equal weight Wells says the biopharma company has an attractive setup. Wells Fargo upgrades Canadian National to overweight from equal weight Wells says it sees "accelerating growth" for the railway company. Barclays downgrades Netflix to underweight from equal weight Barclay says the "growth algorithm is getting more complex." Wells Fargo downgrades Amazon to equal weight from overweight Wells says the "positive revision story [is] on pause for Amazon. JPMorgan upgrades Ally Financial to overweight from neutral and downgrades American Express to neutral from overweight JPMorgan downgraded American Express and says it sees "asymmetric risk."

Persons: Jefferies, Wells, Morgan Stanley, it's bullish, Barclay, NFLX, Piper Sandler, Piper, Mizuho, JPMorgan downgrades Lamb Weston, JPMorgan, downgrades Sherwin, Williams, KeyBanc, Bernstein, Campbell, underperform Bernstein, Coupang, CPNG, Barclays downgrades, Avery Dennison, Garmin, Hershey Organizations: Apple, Apple Intelligence LT, UW, Vertiv Holdings, Coty, Barclays, Netflix, MKSI, Mizuho, JPMorgan, Deutsche Bank, Alliance, Deutsche, UBS, NXP, Express, American Express, Barclays downgrades DuPont, DuPont, Bank of America downgrades Constellation Brands, Bank of America, Constellation Brands, Bank of America downgrades Comerica, of America, CMA, Air Products, Hershey Locations: OW, Gilead, Canada, underperform

☆ How the October 7 attacks became a turning point for US politics
▼ + stars: | 2024-10-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

Like the September 11 attacks in 2001, the Hamas horror set off a chain of events that affected countless lives, unleashing political disturbances thousands of miles away. At home, the fallout of the Hamas attacks has coincided with the toxic politics of a presidential election year. Deep domestic political aftershocksThe Hamas terror attacks – and Israel’s response – have laid bare and widened splits in American society and domestic politics. He has found common interest with Republicans who sought to use the war to damage Biden as the election loomed. Many American Jews have felt unsafe at home amid antisemitism provoked both by Hamas’ attacks and some of the protests over Israel’s response.

Persons: CNN —, Joe Biden, Kamala Harris, Donald Trump, Israel, Biden, Harris, it’s, Benjamin Netanyahu, Antony Blinken, William Burns, Netanyahu, Yahya Sinwar, Weeks, outlast Biden, bequeath, Trump, –, Fury, Joe, “, ” Harris, ”, Clinton, ’, Israel shouldn’t, goading Netanyahu, ” Trump, Jonathan Greenblatt, he’d, ” Greenblatt, Dana Bash, What’s, bedeviled Biden Organizations: CNN, Hezbollah, Democratic Party, Trump, CIA, US, Republicans, Democratic, Arab American, CBS, Washington, GOP, Defamation League, ADL Locations: Israel, America, Iran, United States, Yemen, Red, Washington, Jordan, Gaza, Russia, China, Lebanon, Michigan, North Carolina, “ State

☆ One year on, the Israel-Hamas war has taken an unprecedented toll on journalists
▼ + stars: | 2024-10-07 | by ( Hadas Gold | ) edition.cnn.com time to read: +12 min

Multiple news organizations and free press groups have accused the Israeli military of deliberately targeting journalists. “One year in, Israel’s conduct of the war in Gaza has exacted an unprecedented and horrific toll on Palestinian journalists and the region’s media landscape,” CPJ said. Four Israeli journalists were killed in the October 7 attacks, and others barely survived. The raw footage is also subject to Israeli military censorship. CNN’s Clarissa Ward is one of the only foreign journalists to have entered the strip without the Israeli military, when she embedded with a United Arab Emirates field hospital crew.

Persons: Israel’s, ” CPJ, ”, Tania Kraemer, Clarissa Ward, they’ve, ” Al Jazeera, CNN he’s, “, Deborah Turness, Janine Zacharia, ‘ You’ve, ” Zacharia, William Lafi Youmans, George Washington, Youmans, ” Youmans, that’s Organizations: CNN, Journalists, Protect Journalists, “, Foreign Press Association, Deutsche Welle, Union of Journalists, United, United Arab Emirates, Court, West Bank, Israeli Journalists Union, Associated Press, BBC, West Bank “, Stanford University’s Department of Communications, The Washington Post, Reuters, George Washington University’s School of Media, Public Affairs, European Union Locations: Israel, Gaza, Jerusalem, Egypt, United Arab, American, Israeli, Palestinian, “, United States

☆ Pete Buttigieg says 'the best thing to do is just to pick up the phone' to talk out a workplace issue. Experts agree — with some exceptions.
▼ + stars: | 2024-10-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Experts say phone calls can resolve conflicts better than digital communication. AdvertisementPicking up the phone really is the best way to figure things out when issues arise with colleagues, experts say. "And, I think, to me, it's an example of how often the best thing to do is just to pick up the phone." Phone calls, in comparison, allow for real-time, personal discussions "where tone and emotion are conveyed much more clearly," McLean said. But phone calls, in general, also help build better relationships in the long run, Sundaram said.

Persons: Pete Buttigieg, Elon, Hurricane Helene, —, Helene, Buttigieg, Khyati Sundaram, Sundaram, Victoria McLean, McLean, David Rice, Musk, Rice, isn't, Sophie O'Brien, O'Brien, they've, Emily Maguire, Tara Arutunian Organizations: Hurricane, Service, MSNBC, Wall Locations: Asheville , North Carolina, New York

☆ The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
▼ + stars: | 2024-10-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The Fed is done cutting interest rates for the rest of the year, according to Ed Yardeni. Fears of a recession have been almost completely eliminated, the market vet said in a note. The no-show Fed-triggered recession will remain a no-show, especially now that the Fed has started to lower the FFR even though it isn't warranted by the performance of the economy," Yardeni wrote. I think it broadens out from the Magnificent Seven to the S&P 493," Yardeni added, speaking to Bloomberg on Monday. "We're going to have another quarter where I think earnings will go to a record-high in the third quarter."

Persons: Ed Yardeni, Yardeni, —, landers, they're Organizations: Service, Reserve, Yardeni, Bureau of Labor Statistics, Services, Institution of Supply Management, Atlanta Fed, Fed, Bloomberg, Investor

☆ Property damage from Hurricane Helene could cost owners more than $47 billion
▼ + stars: | 2024-10-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Even as Florida braces for another major hurricane, new estimates reveal Hurricane Helene caused up to $47.5 billion in losses for property owners. CoreLogic estimates Helene caused between $20 billion and $30 billion of uninsured flood losses. That dwarfs the firm’s estimate of between $10.5 billion and $17.5 billion worth of uninsured wind and flood losses. All told, CoreLogic calculates that Hurricane Helene caused between $30.5 billion and $47.5 billion in total wind and flood losses across 16 states. The vast majority of the damage from Hurricane Helene was from flooding, with wind causing just $4.5 billion to $6.5 billion of losses, according to CoreLogic.

Persons: Helene, ” CoreLogic, CoreLogic, Milton, Hurricane Helene Organizations: New, New York CNN, National Flood Insurance, Federal Emergency Management Agency, FEMA, Flood Locations: New York, Florida, Florida , North Carolina, South Carolina, Georgia, Helene’s, North Carolina, Tampa, St, Petersburg, Gulf of Mexico, Hurricane, Perry

☆ Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data
▼ + stars: | 2024-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks fell Monday as bond yields and oil prices moved higher. The rise in oil prices and solid September jobs report has revived inflation concerns. Friday's release of the September jobs report sparked the move higher in yields. AdvertisementMeanwhile, oil prices continued to surge on Monday, rising by about 4% as tensions in the Middle East continued to simmer on the first anniversary of the Hamas-led attack against Israel. The rise in oil prices and the stronger jobs report are fanning fears of a potential rebound in inflation, which would mean fewer rate cuts from the Federal Reserve.

Persons: — Organizations: PepsiCo, Service, Treasury, Israel, Federal Reserve, Amazon, Epic, Bank of America, Here's Locations: Hurricane Milton, Wells

☆ Cissy Houston, Grammy-winning singer and mother of Whitney Houston, dead at 91
▼ + stars: | 2024-10-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Cissy Houston, Grammy-winning singer and mother of Whitney Houston, has died, according to Gwendolyn Quinn, a representative for The Estate of Whitney E. Houston. “Mother Cissy has been a strong and towering figure in our lives. Whitney Houston died in 2012 at the age of 48. Cissy Houston was also the mother of sons Gary and Michael and the grandmother of her several grandchildren, according to her biography. Her granddaughter Bobbie Kristina Brown, died three years after her mother Whitney at the age of 22.

Persons: CNN — Cissy Houston, Whitney Houston, Gwendolyn Quinn, Whitney E, ”, Pat Houston, Cissy, Emily Drinkard, Cissy Houston, Delia Mae Drinkard, Houston, Anne, Larry, Nicky, Lee, Marie, Anne Drinkard, Lee’s, Judy Clay, Dee Dee Warwick, Dionne Warwick, Houston’s nieces, Aretha Franklin, Dusty Springfield, Esther Phillips, Lou Rawls, Otis Redding, Solomon Burke, Wilson Pickett, Franklin, Bette Midler, Beyoncé, Burt Bacharach, Carly Simon, Chaka Khan, David Bowie, Elvis Presley, Jimi Hendrix, Gary, Michael, Bobbie Kristina Brown, Whitney, ” Pat Houston’s, “, Bobbi Kristina Organizations: CNN, The, Whitney, Houston, Newark Public School, New Hope Baptist Church, Sacred Music, Carnegie Hall, Newport Jazz, Webster, RCA Records Locations: Cissy, Newport , Rhode Island, New York City, ”, Cissy Houston

☆ Cissy Houston Dies at 91; Gospel Star Guided Daughter Whitney’s Rise
▼ + stars: | 2024-10-07 | by ( Glenn Rifkin | ) www.nytimes.com time to read: 1 min

Cissy Houston, a Grammy Award-winning soul and gospel star who helped shepherd her daughter Whitney Houston to superstardom, died on Monday at her home in Newark. Her family announced her death in a statement, which said she had been in hospice care for Alzheimer’s disease. Ms. Houston was a gifted stylist whose powerful voice and deep faith made her an influential figure in gospel circles for decades. She won Grammy Awards in the traditional soul gospel category for the albums “Face to Face” in 1997 and “He Leadeth Me” in 1999. Before then, she had been among the busiest backup singers in the record business, providing vocal support for Aretha Franklin, Elvis Presley and many others.

Persons: Cissy, Whitney Houston, Houston, Aretha Franklin, Elvis Presley Organizations: New Hope Baptist Church Locations: Cissy Houston, superstardom, Newark

View at Amazon What we like Check mark icon A check mark. Multi-day battery lifeCheck mark icon A check mark. Durable, rugged designCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: Apple, Max Organizations: Business, Prime, Deal, Apple, Amazon, Apple Watch

☆ Bad call from Wall Street analysts on DuPont stock may be good news for investors
▼ + stars: | 2024-10-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Wall Street analysts made the wrong call on DuPont, but it may be welcome news for investors looking to buy the stock. DuPont stock, trading around $85 per share Monday, would have to fall at least another 6% to below $80 to interest us. "This stock could have a very good run into 2025 as it becomes clear that the three segments are worth far more than the current price," Jim said. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Jeff Marks, Jeff, Jim Cramer's, Dupont Organizations: DuPont, Monday, Barclays, Club, CNBC, Getty Locations: Wilmington , Delaware

☆ Jim Cramer counters Amazon and Apple downgrades
▼ + stars: | 2024-10-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors not to get caught up in downgrades or general trading on Wall Street, reiterating his stance that there's merit to sticking with solid companies even if their share prices fluctuate. "If you listen to the downgrades, though, you'll never recover with it." Cramer said Monday had a "ridiculous plethora of sell-side downgrades," where the Dow Jones Industrial Average dipped 0.94%, the S&P 500 shed 0.96% and the Nasdaq Composite declined 1.18%. Although he acknowledged that Amazon is facing some hurdles, he disagreed with Wells Fargo's downgrade of the stock. "But if you're managing your own money, you should not be listening to all of this trading advice.

Persons: CNBC's Jim Cramer, you'll, Cramer, heeding, Wells, it's, Jeffries Organizations: Wall, Dow Jones, Nasdaq, Apple Locations: downgrades

☆ Meet Jeff Smith, the hedge-fund investor taking on Pfizer
▼ + stars: | 2024-10-07 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. AdvertisementPharmaceuticals giant Pfizer got a wake up call Sunday evening when one of Wall Street's most feared activist investors revealed a stake in the company. AdvertisementPfizer, with a market cap north of $160 billion, is among the largest companies Starboard's Smith has ever targeted. With less than a 10% stake Smith replaced the entire 12-person board and assumed the role of chairman.

Persons: Jeff Smith, —, Smith, Starboard's Smith, Ian Read, Frank D'Amelio, Ken Squire, Paul Singer, Elliott, Carl Icahn, Dan Loeb, Peter Feld, Olive Garden's, Marc Benioff, Brontë Wittpenn, Brontë, Squire, they're, Albert Bourla, Bourla, wagered Organizations: Pfizer, Service, Pharmaceuticals, 13D, Investor, Lazard, Elliott Management, Icahn Enterprises, Cowen Group, AOL, Darden Restaurants, Olive Garden, Longhorn, Darden, Wall, San Francisco, Getty, Smithfield Foods, Bristol, Myers Squibb, Celgene, Autodesk, Starbucks Locations: Olive Garden, Fortune, America, Olive, Washington

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