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☆ John Robinson, legendary USC and LA Rams coach, dies at 89
▼ + stars: | 2024-11-11 | by ( Bruce Feldman | ) www.nytimes.com time to read: +7 min

He let his coaches coach.”“It was all coaching,” Robinson told The Athletic in 2020. He became the Ducks’ offensive coordinator in 1960, after graduating, before taking the same job at USC under legendary USC coach John McKay in 1972. When McKay left USC to coach the NFL expansion team Tampa Bay Buccaneers in 1976, Robinson succeeded him. Advertisement“That was a great team,” Hall of Fame safety Ronnie Lott told The Athletic in 2020. “Coach Robinson would say we could go play the Rams any day and we’ll kick their butt.

Persons: John Robinson, Robinson, John Madden’s, —, ”, Paul McDonald, ” John Robinson, tPvQVFBcIO —, Anthony Munoz, Ronnie Lott, Marcus Allen, Bruce Matthews, Dennis Smith, Joey Browner, Chip Banks, Don Mosebar, Roy Foster, Hoby Brenner, Charles White, Keith Van Horne, Jeff Fisher, Riki Ellison, Ed Reed, Andre Johnson, Clinton Portis, Allen, White, “ John Robinson, Van Horne, “, ” Robinson, Hudson Houck, we’re, ” Norv Turner, John McKay, McKay, they’d, would’ve, Sean McVay, “ He’s, McDonald, Richard Mackson Organizations: NFL, USC, tPvQVFBcIO — USC Football, Alabama, resoundingly, Pro Football Hall of Famers, Trojans, NFL Pro, Chicago Bears, San Francisco 49ers, Miami Hurricanes, Athletic, LA Rams, Rose Bowl, Ducks, Madden’s Oakland Raiders, Tampa Bay Buccaneers, Rose, Stanford, ”, of Fame, “, Rams, NFC, UNLV, Rebels, LSU, Tigers, Getty Locations: Daly City, Calif, Baton Rouge , Louisiana, Birmingham, Oregon, Baton Rouge, La

☆ The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
▼ + stars: | 2024-11-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: 1 min

Blackrock iShares Bitcoin Trust ETF (IBIT) signage at the Nasdaq MarketSite in New York on Jan. 11, 2024. The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin exchange-traded fund had roughly $34.3 billion in AUM as of Friday. That puts it above the iShares Gold Trust (IAU) , which had just under $33 billion. The asset numbers do not yet reflect the most recent crypto rally over the weekend, when bitcoin surged above $80,000.

Persons: FactSet, bitcoin, IBIT Organizations: Blackrock, Nasdaq, Trust Locations: New York

☆ A former North Korean special forces soldier said Kim Jong Un's elite 'Storm Corps' in Russia likely isn't his A-team
▼ + stars: | 2024-11-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

One ex-member of the branch said he thinks North Korea did send special forces, but not its best. AdvertisementAs questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korean leader Kim Jong Un attends a military demonstration in North Korea, in this picture released on March 16, 2024. During a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. This image released by South Korea's spy agency the National Intelligence service shows North Korean leader Kim Jong-Un watches numerous shirtless North Korean troops in combat training, according to the agency.

Persons: —, Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Lee, there's, Kim, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Service, Korea Times, North, KCNA, REUTERS, The Korea Times, Associated Press, Wall Street, Ukraine's Center, National Intelligence, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Ukraine, Kursk, Korean, South

☆ The 'Trump trades' that also give you income as you wait for policies to come to fruition
▼ + stars: | 2024-11-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In addition, analysts had to predict further gains ahead — the stocks have at least 1% upside to the average price target, according to FactSet. Bank of America is among those on Wall Street that think the banks' move since Election Day has not been excessive. Citizens gained 30% from Election Day 2016 through the end of that year and jumped 14% on Wednesday. It added nearly 4% the day after the election and gained 18% from Election Day 2016 through the end of that year. Halliburton, which yields 2.3%, has the largest potential upside ahead — nearly 32% to the average price target.

Persons: Donald Trump, Jeremy Siegel, Ebrahim Poonawala, Trump, Piper Sandler, Mark Fitzgibbon, Keith Horowitz, Halliburton, Jeff Miller Organizations: Dow Jones, Wharton School, CNBC, Bank of America, UST, Trump, Regional Banking, Citizens Financial, Fifth Third Bancorp, Citizens, Fifth, Citigroup, Citi, Marathon Petroleum, Halliburton Locations: Gulf of Mexico

☆ Trump searches for his attorney general as Justice Department officials worry about chaos and retribution
▼ + stars: | 2024-11-11 | by ( Evan Perez | Hannah Rabinowitz | ) edition.cnn.com time to read: +9 min

CNN —From his seaside Florida resort, Donald Trump is holding a casting call to fill the toughest job in Washington: attorney general. Current and former Justice officials anticipate eventual departures in some parts of the department and employees being sidelined and forced out. The Justice Department is also charged with defending administration actions in court, covering issues from health care to the environment to gun control. “Attorney General Jeff Sessions has taken a VERY weak position on Hillary Clinton crimes,” he wrote in a Twitter post in July 2017. Trump told Fox Business in 2020 that Barr should indict Obama, Biden and others because of the Russia investigation.

Persons: Donald Trump, Trump, Mark Paoletta, they’ll, Trump’s, ” Paoletta, ” JD Vance, Jack Smith, Christopher Wray, James Comey, Wray, Wray “, ”, podcaster Joe Rogan, “, I’ll, Barack Obama, Hillary Clinton, Joe Biden, Sally Yates, Yates, Jeff Sessions, Matthew Whitaker, Sessions ’, John Huber, Rod Rosenstein, Sessions, William Barr, Barr, Obama, Biden, Bill Barr indicts, we’ll, ” Trump, ” Barr Organizations: CNN, Justice Department, Trump ., Justice, White, ABC, Trump, Employees, FBI, ISIS, Capitol, Biden, “, Sessions, Fox Business, Hoover Institution Locations: Florida, Washington, Manhattan, American, Lago, United States, Alabama, Russia

☆ Post Market Wrap: November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailNews Update – Market CloseCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

Red Lobster is turning to millennial leadership to bring in younger guests, which the chain needs after closing more than 100 of its 640 restaurants earlier this year. Red Lobster has since emerged from bankruptcy, ushering in a new era for the once-major seafood chain. But the deal was costly for Red Lobster — the company lost $11 million from that promotion alone, according to court documents. Thai Union announced in January that it would begin a complete exit from Red Lobster. Now, Red Lobster is trying to balance keeping its loyal customers while trying to shake its stodgy image to attract younger ones.

Persons: who's, Adamolekun, Hottovy, Read, Jim Salera, Fortress, Caitlin Daniel, isn't Organizations: Fortress Investment, NBC, Stephens, Thai Union, Harvard University Locations: Placer.ai

☆ Ukraine is fighting 50,000 troops in Russia’s Kursk region, Zelensky says
▼ + stars: | 2024-11-11 | by ( Ivana Kottasová | Svitlana Vlasova | ) edition.cnn.com time to read: +3 min

CNN —Ukrainian President Volodymyr Zelensky said Monday Russia has deployed nearly 50,000 troops to Kursk, the southern Russian region where Kyiv launched its surprise counteroffensive in the summer. Kyiv launched its incursion into Russia’s Kursk region in August, taking by surprise not just Moscow, but also its allies. The Kremlin has not commented on the presence of North Korean troops on its territory. Zelensky said last week that 11,000 North Korean soldiers were now in the region. North Korean troops deployed to Russia’s Kursk region have fought Kyiv’s forces on the battlefield, Ukrainian President Volodymyr Zelensky said Thursday, adding that the clashes resulted in fatalities.

Persons: Volodymyr Zelensky, “, Zelensky, Oleksandr Syrskyi, Vladimir Putin, Donald Trump’s, Trump, ” Organizations: CNN, Russia, Kyiv, Ukraine’s Armed Forces, UN Security, TASS, CNN Sunday, Trump, Ukraine Locations: Kursk, Russian, Russia’s Kursk, Moscow, Russia, Ukraine, Ukrainian, North Korea, Belgorod, North

☆ An analyst sees a key catalyst for Wells Fargo early next year — and it's a big reason we own it
▼ + stars: | 2024-11-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

A crucial catalyst for shares of Club holding Wells Fargo may be around the corner, according to one Wall Street firm. Bank of America also raised its price target on Wells Fargo to $84 a share from $75, and reiterated its buy rating on the stock. Bottom line We've long called out the asset cap removal as a big catalyst for Wells Fargo — and it's been central to our overall investment thesis for the stock. That's because once these restrictions are lifted, Wells Fargo can finally grow its balance sheet past that nearly $2 trillion threshold again. Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.

Persons: Wells, Donald Trump, Morgan Stanley, Jim Cramer, Charlie Scharf's, Scharf, it's, Jim Cramer's, Jim, Michael M Organizations: Bank of America, Federal Reserve, Bank, Wells Fargo, Bloomberg News, CNBC, Broadway, Santiago, Getty Locations: Wells, Wells Fargo, Wells Fargo —, New York City

☆ Opening Bell: November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailOpening Bell: November 11, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from November 11, 2024

Organizations: New York Stock Exchange, Nasdaq

☆ Is this going to be a Twitter presidency or a TV one?
▼ + stars: | 2024-11-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Does this mean Twitter is going to be more important in the Trump 2.0 era? It's really not Twitter — it's — Twitter goes on television, or if they have breaking news, I'll tweet, I'll say "Watch this — boom." AdvertisementTrump was the TV presidentTrump was transfixed by TV, and that meant TV was the most important medium during his first presidency. Musk, for instance, spent part of his Sunday using Twitter to criticize "Saturday Night Live" — just like Trump used to do. But I will be surprised if Donald Trump, TV guy, becomes Donald Trump, Twitter guy.

Persons: Donald Trump, Elon Musk, Trump, —, Tucker Carlson, Charlie Kirk, Kirk, US Sen, Rick Scott, 🇺🇸🇺🇸, own e, abou, witt, and i, ike Organizations: Twitter, Service, Trump, US, itt, Fox, Adv

☆ Watch Monday's full episode of Fast Money — November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailWatch Monday's full episode of Fast Money — November 11, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ Buying a home is expensive. What about ordering one for delivery?
▼ + stars: | 2024-11-11 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

Manufactured housing, sometimes called mobile homes, are homes made in a factory rather than constructed on site, and they have been surging in popularity this year amid America’s housing crisis. Instead, they’re turning to the internet for lower-cost options, whether a pop-up foldable house kit, a tiny home or a traditional mobile home. Amazon is not the first major retailer to sell manufactured homes. More than 100 years ago, American retailer Sears, Roebuck and Co began selling kit homes from its catalog, with some for under $1,000. A 2023 Urban Institute paper argued that mobile homes were “uniquely vulnerable” to natural disasters compared to other housing.

Persons: Julie Johnson, homeownership, SSRS, George Rose, Donald Trump, Sears, Marc Norman, ” Norman, Katie Currid, “, Norman, Johnson, ” Johnson, Rebecca Blackwell, Johnson’s, Julie Johnson's, Patrick Harker, ” Harker, ”, ” CNN’s Chris Isidore Organizations: CNN, Facebook, National Association of Realtors, Getty, Census Bureau, Sears, Roebuck, Schack Institute of Real, New York University, Daily News, Urban, Hurricane, Federal Reserve Bank of Philadelphia, “ Locations: North Carolina, America, Boulder City, Boulder City , Nevada, Staunton , Virginia, Staunton, Mobile, Hurricane Milton, Englewood , Florida

☆ Watch Monday's full episode of the Halftime Report — November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailWatch Monday's full episode of the Halftime Report — November 11, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ A history professor who accurately predicted 9 of the last 11 elections said he got death threats after getting his 2024 race bet wrong
▼ + stars: | 2024-11-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Lichtman, who has accurately predicted nine elections to date, called a Harris win in September. He said he's received death threats and that there were two break-in attempts on his home. AdvertisementAllan Lichtman, the history professor who correctly predicted nine of the last 11 presidential elections, said he's received death threats after wrongly predicting 2024's results. Lichtman predicted a win for Vice President Kamala Harris over her opponent, former President Donald Trump, in September. "We've faced death threats, doxxing, swatting and intimidation at our doorstep.

Persons: Allan Lichtman, Lichtman, he's, —, Kamala Harris, Donald Trump, We've, Harris Organizations: Harris, Service, American University, Washington, DC Metropolitan Police Department, Business, YouTube, The New York Times, Trump, Republican

☆ Gold extends decline; investors await U.S. data, Fed comments
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +2 min

Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. "We may expect the Fed to be more cautious in its easing process ahead, which could cap gold prices," Yeap said. Several Federal Reserve officials, including Chair Jerome Powell, are scheduled to speak this week. Additionally, U.S. consumer and producer price index data, weekly jobless claims and retail sales figures are due this week.

Persons: Yeap Jun Rong, Donald Trump's, Yeap, Bullion, Jerome Powell Organizations: Federal Reserve, Traders Locations: Beijing

☆ A sports medicine doctor shares 3 things she does to maintain muscle and stay active as she grows older
▼ + stars: | 2024-11-11 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

AdvertisementA doctor who specializes in active aging shared three things she does to stay healthy and mobile as she grows older. That's why Wright sees healthy musculoskeletal aging as "a lifelong pursuit." Learn how to lift weightsWright recommends strength training to build as much muscle as possible, particularly in the critical decade. Related storiesEat a high-protein diet and plenty of vitamin DEating a high-protein diet helps build muscle. Getty ImagesIn order to build muscle, you also have to make sure you eat enough protein, Wright said.

Persons: Vonda Wright, —, Wright, That's, Let's, Mike Molloy, It's, squats Organizations: Service, National Health, American Heart Association Locations: Florida

☆ Monday, November 11, 2024: The Club breaks down the catalysts for this asset manager
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: 1 min

Monday, November 11, 2024: The Club breaks down the catalysts for this asset managerGo behind the scenes with Jim Cramer and Jeff Marks of the CNBC Investing Club as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how they decide when, and if, to take action on stocks.

Persons: Jim Cramer, Jeff Marks Organizations: Go, CNBC, Trust

☆ The Late Morning Rundown: November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ AOC asked voters why they backed her candidacy and Trump's reelection. They said the economy and Gaza.
▼ + stars: | 2024-11-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AOC during a recent Instagram Q&A asked voters why they backed her candidacy and Trump's reelection. Ocasio-Cortez strongly backed Harris and stumped for the vice president during the 2024 campaign. AdvertisementMany voters who split their tickets between Ocasio-Cortez and Trump or other Democratic candidates and Trump pointed to two key issues: the economy and the conflict in Gaza. And the vice president sought to reassure voters concerned over the Israel-Hamas war and the plight of Palestinians that she would work to secure peace in the region as president. The president-elect made major inroads, notably in several Democratic-heavy states, as many voters remained frustrated over the direction of the country.

Persons: Cortez, Harris, —, Kamala Harris, Alexandria Ocasio, Donald Trump's, Trump, Joe Biden, ⬇️, nsB6X05Fp2 — Sidney D Johnson Organizations: Service, New York Rep, New, Congressional, Trump —, Democratic, Trump, Dem, dems Locations: Gaza, Ocasio, Alexandria, Cortez, New York's, Israel

☆ Weaker Chinese consumer sentiment weighs on 11.11 sales festival
▼ + stars: | 2024-11-11 | 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 EmailWeaker Chinese consumer sentiment weighs on 11.11 sales festivalMore companies in China are opting out of discounts during major shopping festivals in favor of steadier year-round sales. However, Chinese consumer confidence has not fully recovered, with consumers trading down and waiting for shopping events to spend. This pushes e-commerce platforms to partner up to boost sales.

Locations: China

☆ The Pre-Market Rundown 2: November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ US carries out second consecutive night of strikes in Yemen, US defense official says
▼ + stars: | 2024-11-11 | by ( Oren Liebermann | Karina Tsui | ) edition.cnn.com time to read: +3 min

CNN —The United States has carried out a second consecutive night of strikes against Houthi targets in Yemen, a US defense official said Sunday. Details of the types of weapons, targets or locations of the strikes were not immediately available, though there were reports of explosions in the Amran and Saada governorates, north of the capital of Sanaa, where the US has carried out strikes in the past. They say they won’t stop striking Israel and its allies until a ceasefire is reached in the Palestinian enclave. The US has struck Houthis targets in Yemen multiple times over the last 11 months but the attacks have continued. In mid-October, Defense Secretary Lloyd Austin announced that the US struck the militant group using stealth B-2 bombers for the first time.

Persons: Lloyd Austin, Joe Biden, Austin, ” Organizations: CNN, US, Hamas, United Nations, Refugee, ” CNN Locations: United States, Yemen, Saada, Sanaa, Iran, Aden, The, Suez, Syria, Gaza, Iraq, Israel, Saudi, Lebanon

☆ CNBC Markets Now: November 11, 2024
▼ + stars: | 2024-11-11 | 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 EmailCNBC Markets Now: November 11, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ A consumer turnaround story that could take a while. How to play it with options
▼ + stars: | 2024-11-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

There's a struggling auto parts stock where a notable activist is involved that could be ripe for a turnaround... but it may take some time. Although Advance Auto was the smallest of the three at the end of 2021, these companies, ostensibly selling similar products, were within the same order of magnitude as of 2021. AAP 1Y mountain Advance Auto Parts, 1 year Between the company's poor operating performance and the stock's sharp declines, it is unsurprising that sell-side analysts aren't enthusiastic. Advance Auto Parts seems a good candidate, and scanning the holders of AAP, it seems some well-known activists, such as Third Point agree . While the activist's strategy may be sound, it might be challenging to implement due to market conditions or capital constraints.

Persons: There's, O'Reilly, Autozone, Russell, Shane O'Kelly Organizations: Parts, Autozone, O'Reilly Automotive, AAP, Advance, Auto, Advance Auto, Carlyle Group, Home, CNBC, NBC UNIVERSAL Locations: Jan

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