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☆ MLB roundup: Lowly Royals finish 3-game sweep of Astros
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +12 min

Padres right-hander Michael Wacha (13-4) gave up two runs on six hits and a walk with six strikeouts in seven innings. The Diamondbacks won for the sixth time in seven games and remained a half-game ahead of the Chicago Cubs for the National League's second wild-card spot. The Yankees were officially eliminated from the AL playoff race with seven games remaining. He issued two walks and allowed seven hits. He allowed four runs on seven hits and a walk with four strikeouts.

Persons: Nelson Velazquez, Troy, Hunter Brown, Brown, Alex Marsh, Seven Cruz, Marsh, James McArthur, George Springer's, Vladimir Guerrero Jr, Bo Bichette, Trevor Richards, Isaac Paredes, Harold Ramirez, Kyle Gibson, Gibson, Danny Coulombe, Jon Berti, Josh Bell, Miami bashed, Bryan De La Cruz, Jazz Chisholm, William Contreras, Carlos Santana, Tyrone Taylor, Marcus Semien, Adolis Garcia, Leody Taveras, Mitch Garver, Nick Castellanos, Realmuto, Castellanos, Bryce Harper, Cristopher Sanchez, Juan Soto, Louis, Michael Wacha, Drew Rom, Mike Clevinger, Elvis Andrus, Wilyer Abreu, Adam Duvall, TJ Friedl, Christian Encarnacion, Strand, Jack Suwinski, Jason Delay, Quinn Priester, Zac Gallen, Spencer Strider, Ryan Jeffers, Jorge Polanco, Max Kepler, Matt Wallner, Trevor Larnach, Kepler, Joe Ryan, Brandon Drury, Zach Neto, Randal Grichuk, Eduardo Rodriguez, Spencer Torkelson, Miguel Cabrera's, Cabrera, Rodriguez, Jason Foley, Alex Lange, JP, Shea Langeliers, Patrick Wisdom, Seiya Suzuki, Ty Blach, Yan Gomes, Wisdom, Blach, Jacob Young, Jackson Rutledge, Rutledge, Young, Jake Alu, Joey Meneses, Allan Winans, Sean Murphy, Kevin Pillar, Forrest Wall, Chris Taylor, Amed Rosario, Taylor, Camilo Doval Organizations: Kansas City Royals, Houston Astros, Royals, Astros, American League West, Houston, Blue Jays, Rays, Tampa, Orioles, Baltimore, American League, Cleveland, Tampa Bay Rays, AL East, Marlins, Brewers, Miami, Milwaukee, Chicago Cubs, National League . Miami, Chicago, Colorado Rockies, Central, Rangers, Mariners, Texas, The Rangers, Seattle, The Mariners, Kansas City, Phillies, Mets, Philadelphia, League, New York, Miami Marlins, NL, Padres, Cardinals, San, White Sox, Red Sox, Boston, Yankees, Reds, Pirates, Cincinnati, Pittsburgh, Diamondbacks, Arizona, Gallen, Atlanta Braves, National, AL, Twins, Angels . Tigers, Athletics, Detroit, Oakland, Tigers, JP Sears, Cubs, Rockies, Nationals, Braves, Washington, Atlanta, Nationals Park, Dodgers, Giants, National League, Thomson Locations: Houston , Texas, USA, Troy Taormina, St . Petersburg, Fla, Seattle, Arlington , Texas . Texas, Semien, Texas, Houston, San Diego, Pittsburgh, New, Arizona, Minnesota, Los Angeles, Minneapolis, Oakland, Colorado, San Francisco

CNN —Former President Donald Trump, in an interview with NBC’s Kristen Welker that aired Sunday on “Meet the Press” continued to make false claims around a variety of subjects including the 2020 election and the January 6 insurrection. The speaker of the House is not in charge of Capitol security. That’s the responsibility of the Capitol Police Board, which oversees the US Capitol Police and approves requests for National Guard assistance. The election was not rigged, and there is no evidence of any fraud large enough to have changed the outcome. Officials from the Trump administration’s Department of Homeland Security, along with state election officials, said in a statement after the 2020 election: “The November 3rd election was the most secure in American history.”This story will updated with additional fact checks.

Persons: Donald Trump, NBC’s Kristen Welker, Press ”, Trump, Pelosi, Nancy Pelosi, “, Chris Miller, ” Miller, Mark Meadows, Biden, “ Biden, Joe Biden, Jack Smith, Smith, General Merrick Garland, Garland Organizations: CNN, “, Press, Capitol, Capitol Police Board, US Capitol Police, National Guard, Trump, White House, Department, Trump Trump, Justice Department, Biden, Trump administration’s Department of Homeland Security Locations: Washington ,, Florida

☆ Apple debuts made-in-India iPhone as pressure to diversify manufacturing mounts
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple debuts made-in-India iPhone as pressure to diversify manufacturing mountsPlatformer's Casey Newton and Bokeh Capital Partners' Kim Forrest join 'Squawk on the Street' to discuss long term bullishness about Apple's vision pro headset, comparisons between IBM and Apple, and consumer appetite for smart watches.

Persons: Casey Newton, Kim Forrest Organizations: Apple, Bokeh Capital Partners, IBM Locations: India

☆ Disney Treasure: Sixth ship coming to company’s cruise line
▼ + stars: | 2023-09-05 | by ( Forrest Brown | ) edition.cnn.com time to read: +4 min

CNN —Disney is adding a sixth ship to its growing cruise line, the entertainment giant announced late Tuesday morning in a video presentation. It will leave Port Canaveral, Florida, for a seven-night Eastern Caribbean cruise, Disney said in a news release. Bookings for Disney Cruise Line Castaway Club members start September 12 this year. Here’s a look at some of the highlights:Upper deck adventuresWater rides are becoming a must on cruise ships. Disney Cruise LineFancy water rides are becoming a family cruise ship staple.

Persons: ”, Disney, Mickey Mouse, Minnie Mouse, Mickey, King ”, “ Coco Organizations: CNN, Disney, ” Marvel, Disney Cruise, Castaway, Street, EPCOT, Pixar, Marvel, Walt Disney Animation Studios Locations: Port Canaveral , Florida, Western Caribbean, Port Canaveral, ”, Asia, Africa, Mexican

☆ Nvidia isn't the only game in town. Investors advise against overlooking these other AI beneficiaries
▼ + stars: | 2023-09-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Nvidia can't stop stunning Wall Street and the investing community in 2023, but portfolio managers say don't let the excitement overshadow other potential AI winners. "Theme after theme, transition after transition, the strong usually gets stronger," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Some retail and professional investors seemed to interpret the news as a sign that it's "game over" for some of the other AI chipmakers, Forrest said. Forrest, who's on the hunt for growth at a reasonable price, points to companies like Advanced Micro Devices, Micron Technology . On the AI chip theme, Meeks also points to Broadcom , Marvell Technology and Taiwan Semiconductor , a major supplier for Nvidia, as other ways to play the trend.

Persons: Paul Meeks, there's, Kim Forrest, Forrest, who's, Meeks, chipmaker, Capital Management's JoAnne Feeney, Feeney, it's Organizations: Nvidia, Independent Solutions Wealth Management, Intel, Devices, Broadcom, Marvell Technology, Bokeh Capital Partners, Micron Technology, AMD MU, AMD, MU, Taiwan Semiconductor, Capital, Google

CNN —Virginia Democratic Sen. Tim Kaine said Sunday “there’s a powerful argument to be made” for barring Donald Trump from the presidential ballot based on the 14th Amendment’s ban on insurrectionists holding public office. “My sense is it’s probably going to get resolved in the courts,” Kaine said on “ABC This Week,” adding that Democrats’ focus should be on winning in 2024. Legal experts have pointed to the 14th Amendment as a potential long-shot avenue to keep Trump from becoming president. Video Ad Feedback Does the 14th Amendment make Trump ineligible? Seven GOP senators joined the chamber’s 50 Democratic and Independent members in finding Trump guilty of inciting a riot on January 6.

Persons: Virginia Democratic Sen, Tim Kaine, Donald Trump, ” Kaine, Trump, CNN Kaine, Trump’s, Kaine Organizations: CNN, Virginia Democratic, ABC, Trump, Liberal, United, Capitol, GOP, Democratic, Independent Locations: Michigan, New Hampshire, United States, Virginia

☆ Fortescue founder toys with reverse greenwashing
▼ + stars: | 2023-09-01 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

First the $43 billion iron ore miner’s CEO, Fiona Hick, left abruptly on Sunday, barely six months after joining. But in trying to shrug off the mounting exodus, founder and Executive Chair Andrew Forrest, also known as Twiggy, introduces a new risk: reverse greenwashing. His approach to the energy transition is forcing a lot of change on the company in short order. That process surely would have involved rigorous discussions to ensure they were on board with Forrest’s goals and methods. That makes his absolutist twist to climate spin as unhelpful as the more traditional form of greenwashing.

Persons: Oscar Wilde, Fortescue, Fiona Hick, Christine Morris, Guy Debelle, Andrew Forrest, Twiggy, Forrest, Hick, Morris, Una Galani, Thomas Shum Organizations: Reuters, Fortescue Metals, Reserve Bank of Australia, Fortescue Future Industries, Australian, Thomson Locations: MELBOURNE, Tivan

☆ Managers say Gen Zers aren't getting work done and lack basic social skills – and it's driving them crazy
▼ + stars: | 2023-08-31 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Some Gen Z managers told Insider they're fed up with their young workers. While Gen Z employees struggle to fit in at work, some bosses aren't sure how to lead them. In a public callout, Insider asked managers to share their experiences overseeing Gen Z workers. More than 20 people, ranging from millennials to baby boomers, sent emails describing their experiences managing Gen Z. India-based career coach Abhijit Bhattacharya told Insider that many Gen Z employees are looking for more meaningful work over higher pay.

Persons: aren't, Gen, they're, Gen Zers, Zers, Jeff Elkins, Elkins, Amber Forrest, Forrest —, Sean Cusack, he's, Cusack, Abhijit Bhattacharya, Bhattacharya, Gianna Driver, Michael Yan, Z Organizations: Service, Wall Street Journal Locations: Wall, Silicon, Florida, India

☆ Google Flights unveils 3 new features to save money
▼ + stars: | 2023-08-28 | by ( Forrest Brown | ) edition.cnn.com time to read: +3 min

It released the most-searched destinations on Google Flights so far this year for trips departing from December 20, 2023, to January 5, 2024, from US airports. New money-saving featuresGoogle shared what you might be seeing next time you use Google Flights. Price guarantee: On some flight results, users might notice a price guarantee badge pop up (this won’t happen on every use). Popular winter holiday destinationsWarm getaways and big cities dominate the top 10 spots being searched on Google Flights. Los AngelesGoogle also said the best time to book flights for Christmas vacations is around early October.

Persons: Price, ” Organizations: CNN, Google, intel, London, Orlando, Paris, Los, Los Angeles Google, ” Google Locations: Cancun, Mexico, U.S, Miami, Fort Lauderdale, New York, Tokyo, Juan 7, Honolulu, Los Angeles

☆ Data is key to AI modeling, so investors should buy storage providers: Bokeh Capital's Kim Forrest
▼ + stars: | 2023-08-25 | 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 EmailData is key to AI modeling, so investors should buy storage providers: Bokeh Capital's Kim ForrestKim Forrest, chief investment officer at Bokeh Capital Partners, joins 'The Exchange' to discuss how to trade the market following Powell's Jackson Hole speech, the data element of AI's productivity promise, and the importance of making informed investments in financials.

Persons: Capital's Kim Forrest Kim Forrest, Jackson Organizations: Bokeh Capital Partners Locations: financials

☆ Sally Yates: Voters ‘have a right’ to hear evidence against Trump before election
▼ + stars: | 2023-08-24 | by ( Jack Forrest | ) edition.cnn.com time to read: +4 min

CNN —Sally Yates, a former acting attorney general early in Donald Trump’s administration, said voters “have a right” to hear the special counsel’s evidence against the former president before they head to the ballot box in 2024. She was set to serve until Trump’s pick for attorney general, Jeff Sessions, could be confirmed. Yates, who served in the DOJ for nearly three decades, called Smith “a talented, no-nonsense guy” and praised the strength of his team’s cases against Trump. “I’m not convinced that the government has to prove that Donald Trump believed in his heart of hearts that he had lost the election,” she said. “I think that Attorney General Garland took the right step in leaving the Trump-appointed US attorney in place to complete that investigation,” she said.

Persons: Sally Yates, Donald Trump’s, “, ” Yates, Obama, CNN’s David Axelrod, Trump, Yates, Jeff Sessions, Jack, Smith, let’s, ”, Axelrod, “ I’m, Donald Trump, ” Trump, ‘, Hunter Biden, General Merrick Garland’s, David Weiss, General Garland Organizations: CNN, Department, longtime Justice Department, Trump, DOJ, Justice Department Locations: United States, Florida

France, which widened its heatwave red alert in the south of the country, said it would scale back production at a nuclear power plant as high temperatures curbed cooling water supply. The strait, linking the Aegean Sea and the Black Sea, is a major shipping route for commodities such as oil and grains. It said some areas of southern France would experience temperatures of 42 degree Celsius (108 degrees Fahrenheit). The authorities widened a heatwave red alert for the south of the country, while officials urged some mountain climbers to postpone their activities and told grape pickers to work in the morning to avoid the extreme heat. Italy issued heatwave red alerts about "emergency conditions" that the health ministry says could endanger the healthy as well as the frail in 17 of its 27 main cities for Wednesday and Thursday, including Rome, Milan, Florence and Venice.

Persons: Firefighters, Vassilis Kikilias, herder, Saint Alban, Karolina Tagaris, Alexandros Avramidis, Ezgi, Zhifan Liu, Forrest Crellin, Nacho Doce, Violeta Santos Moura, Crispian Balmer, Charlie Devereux, Edmund Blair Organizations: Migration Ministry, Residents, Civil, European Union, EDF, Saint, Fundacion Madrina, Firefighters, Wednesday, Thomson Locations: Athens, Turkey, Dardanelles, France, Italy, ATHENS, ISTANBUL, Europe, Greece, Menidi, Amygdaleza, Fyli, Alexandroupolis, Evros, East, Asia, Turkey's, Canakkale, Meteo, Spain, Tenerife, Rome, Milan, Florence, Venice

☆ France issues 'red alert' over heatwave in south
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Electricite de France (EDF) is seen in front of electrical pylons at the Tricastin nuclear power plant site in Saint-Paul-Trois-Chateaux, France, November 21, 2022. The departments targeted by the alert, which allows local authorities to call off events and close public facilities if needed, are the Rhone, Drome, Ardeche and Haute-Loire, Meteo France said. Earlier on Monday, Meteo France had issued an orange alert for half of the country's territory, saying temperatures will reach between 35 and 38 C (95 to 100 F) in most of the affected departments. Temperatures are expected to rise to between 40 and 42 Celsius (104 and 108 F) on Tuesday afternoon in the southern departments of Ardeche, Drome, Vaucluse and Gard, Meteo France said. Some technical issues at the reactor also played a role in delaying the restart to Aug. 25, an EDF spokesperson told Reuters.

Persons: Eric Gaillard, Meteo, Forrest Crellin, Dominique Vidalon, Tassilo Hummel, Sudip Kar, Emelia, Jonathan Oatis Organizations: REUTERS, Rights, EDF, Reuters, Thomson Locations: France, Saint, Rhone, Drome, Ardeche, Haute, Loire, Meteo France, Vaucluse, Gard

☆ Sea pivoted to growth over profits as it faced rising competition from TikTok, Lazada, analysts say
▼ + stars: | 2023-08-18 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

But analysts said the pivot is a move to defend market share. Defending your market share is the right strategy in e-commerce. CEO Shou Zi Chew said in June that TikTok would invest billions of dollars in Southeast Asia over the next few years to gain market share. Sea's decision to accelerate ecommerce investments in growth is likely to materially weigh on its earnings and share price in the near-term. "Sea's decision to accelerate ecommerce investments in growth is likely to materially weigh on its earnings and share price in the near-term," said JPMorgan.

Persons: Forrest Li, GoTo, Sachin Mittal, Woo, Li, JPMorgan, Jonathan Woo, Shou Zi Chew, TikTok, Alibaba's Lazada, Sea's Shopee, Lazada's GMV Organizations: Sea Ltd, Bloomberg, Getty, Local, DBS Bank, Phillip Securities Research, JPMorgan, Momentum Works Locations: Singapore, Lazada, Southeast Asia

☆ Sea sails recklessly into choppy e-commerce waters
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

Singapore-based Sea Limited Chairman and CEO Forrest Li, speaks during an interview with CNBC following his company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 20, 2017. REUTERS/Brendan McDermid Acquire Licensing RightsHONG KONG, Aug 16 (Reuters Breakingviews) - Sea's (SE.N) boss Forrest Li has picked a turbulent time to rock the boat. But Li's declaration on Tuesday that it's time to "ramp up" investments again risks wiping out the hard-earned investor goodwill. Despite Li's assurances that Sea will keep emphasising self-sufficiency and cost efficiencies, investors promptly erased some $10 billion, or 29%, in market value. In July, the latter injected $845 million into its Southeast Asian arm, signalling a price war may be on the horizon.

Persons: Forrest Li, Brendan McDermid, HONG KONG, Li, China's Alibaba, Robyn Mak, Exor’s Philips, Bain, BoE, Antony Currie, Thomas Shum Organizations: CNBC, New York Stock Exchange, REUTERS, Reuters, HK, Twitter, FC Barcelona’s, Messi, Thomson Locations: Singapore, New York, U.S, HONG, York

☆ Braves bid for sweep of free-falling Yankees
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 16 - The Atlanta Braves will send veteran right-hander Charlie Morton to the mound in search of the team's 11th series sweep on Wednesday night when they host the New York Yankees in the finale of their three-game set. The Braves recorded an 11-3 win in the series opener Monday and took the second game 5-0 Tuesday to guarantee their first series win over the Yankees since 2001. While Atlanta has won five of its last six games, the Yankees have lost four consecutive contests to drop to .500 for the season. In his last outing on Friday against the New York Mets, Morton pitched five shutout innings, allowing three hits, a career-high seven walks and four strikeouts in the Braves' 7-0 win. The Braves placed Ozzie Albies on the 10-day injured list with a strained hamstring and optioned outfielder Forrest Wall to Triple-A Gwinnett.

Persons: Charlie Morton, Morton, Jack Flaherty, Dylan, Damian Moss, Brian Snitker, Randy Vasquez, We're, Aaron Boone, We've, we've, Aaron Judge, Judge, Boone, He's, That's, I'm, Vaughn Grissom, Luke Williams, Ozzie Albies, Forrest Wall, Williams Organizations: Atlanta Braves, New York Yankees, Braves, Yankees, Atlanta, New York Mets, Miami Marlins, Miami, New, Dodger, Triple, Gwinnett, Los Angeles Dodgers, Thomson Locations: New York, Atlanta, Sunday's

☆ 6 ex-officers, some of whom called themselves 'The Goon Squad,' expected to plead guilty in alleged torture of 2 Black men
▼ + stars: | 2023-08-14 | by ( Dakin Andone | ) edition.cnn.com time to read: +3 min

CNN —Six former Mississippi law enforcement officers pleaded guilty Monday to all state charges against them stemming from the torture and abuse of two Black men earlier this year. Additionally, Dedmon was charged with home invasion and Elward was charged with home invasion and aggravated assault, the release says. McAlpin, Middleton, Opdyke and Hartfield each faced an additional charge of first-degree obstruction of justice. The Richland Police Department announced in July that Hartfield – who was off-duty at the time of the alleged assault – had resigned. An attorney for Opdyke said the former officer “has admitted to his wrongdoing” and will plead guilty to all charges against him in Rankin County Circuit Court on August 14.

Persons: –, Christian Dedmon, Hunter Elward, Brett McAlpin, Jeffrey Middleton, Daniel Opdyke, Joshua Hartfield, Dedmon, Elward, McAlpin, Jeffrey Middleton Jerome DeLoach, Michael Jenkins, Eddie Parker, Jenkins, Brett McAlpin Forrest, Rankin County Sheriff Bryan Bailey, Hartfield –, Joshua Hartfield Forrest, Opdyke, “, ”, Parker, Jeffery Reynolds Organizations: CNN, Sheriff’s Office, Richland Police, Mississippi Attorney General’s, Justice Department, Adult Detention, Rankin County, Richland Police Department, AP CNN, Dedmon Locations: Mississippi, Rankin, Middleton, Opdyke, Braxton , Mississippi, Elward, Rankin County

☆ Tasers, taunts, torment: What we know about the hours of horror 2 Black men suffered at the hands of a self-described 'Goon Squad'
▼ + stars: | 2023-08-13 | by ( Emma Tucker | ) edition.cnn.com time to read: +12 min

Dedmon, Opdyke and Elward broke open the carport door and Hartfield kicked open the back door. Entering the home without a warrant, the officers encountered two Black men: Eddie Parker and Michael Jenkins. The abuse continued in a bedroom, where Opdyke, Middleton, Dedmon and McAlpin assaulted Parker with pieces of wood and a metal sword. Dedmon, Middleton, Hartfield and Elward then began to tase the two men repeatedly to see “which (Taser) was the most powerful,” the document said. Attorneys for Middleton, Elward and Hartfield declined to comment on the case.

Persons: Christian Dedmon, Hunter Elward, Jeffrey Middleton, Daniel Opdyke, Brett McAlpin, White, Dedmon, ” Dedmon, Joshua Hartfield, McAlpin, Jerome DeLoach, Elward, Hartfield, Eddie Parker, Michael Jenkins, Parker, Jenkins, —, Mary Helen Wall, Kristen Clarke, tased, Brett McAlpin Forrest, Jenkins –, Opdyke, defecated, Jeffrey Middleton Jerome DeLoach, Elward’s Taser, Middleton, Daniel Opdyke Jerome DeLoach, Rankin County Sheriff Bryan Bailey, CNN Parker, Sheriff Bailey, Joshua Hartfield orrest, “, ”, Jeffery Reynolds, Bailey, CNN’s Ryan Young, ” Parker, “ You’re, ” Jenkins, he’s, I’m Organizations: CNN, Justice Department, Justice Department’s Civil Rights Division, Adult Detention, Mississippi Bureau of Investigation, Mississippi Department of Public, Rankin, Detention, Mississippi Attorney General’s, Dedmon Locations: Rankin County , Mississippi, Braxton, Jackson, Mississippi, Rankin County, Black, Opdyke, Middleton, Dedmon, Hartfield, McAlpin, Elward

☆ PS opening private, luxury terminal at ATL airport in September
▼ + stars: | 2023-08-06 | by ( Forrest Brown | ) edition.cnn.com time to read: +5 min

A new private, luxury terminal for people taking commercial flights is scheduled to open on September 6 at Hartsfield-Jackson Atlanta International Airport, according to operator PS in a news release. It’s the second one under the PS umbrella, with a similar private terminal having been open at LAX in Los Angeles since 2017. What a PS terminal offersThe Salon allows customers at LAX to wait for their commercial flights in high style. Like the LAX terminal, the ATL terminal will have its own private access road and parking. PS LAXReservations are already being accepted for PS Atlanta.

Persons: You’ll, ”, Amina Porter, you’re, Guy, Royal Champagne Organizations: Atlanta CNN, Hartsfield, Jackson Atlanta International Airport, LAX, Atlanta Department of Aviation, Fort, Miami International Airport, ATL, TSA, BMW, Flyers, PS Atlanta, Delta Air Lines Sky Club Locations: Los Angeles, Atlanta, Dubai, Frankfurt, London’s Heathrow, United States, Dallas, Fort Worth, DFW, Royal

☆ UK net-zero ‘pragmatism’ is an odd way to get real
▼ + stars: | 2023-08-04 | by ( George Hay | ) www.reuters.com time to read: +7 min

Yet official UK figures do not suggest the way to get real on climate change is to go any slower. Sunak himself has defended Britain’s record on climate and says he cares about reaching its 2050 net-zero target. As such the net cost of net zero may be more like 344 billion pounds over three decades, or perhaps only 0.4% of GDP per year. Policy certainty will meanwhile encourage foreign investors to help pay for Britain’s transition, reducing its exposure to gas price shocks. UK energy secretary Grant Shapps said on Aug. 2 that the government remained “absolutely committed” to hitting its net-zero carbon targets by 2050.

Persons: Rishi Sunak, Sunak, dawdling, Andrew Forrest, ”, ” Sunak, Michael Gove, Grant Shapps, “, Neil Unmack, Streisand Neto, Oliver Taslic Organizations: Reuters, Sunak’s Conservative Party, Budget, Reuters Graphics Reuters, ’, McKinsey reckons, Britain, Conservatives, Thomson Locations: Britain, London, China, United States, North

☆ Analysis: While AI takes the spotlight, infrastructure stocks shine
▼ + stars: | 2023-08-04 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. Nvidia (NVDA.O) shares have surged almost 205% year to date, while Meta Platforms (META.O) has surged about 160% as investors anticipate the potential AI may unlock. That spending has led investors to search for stocks that will reap the benefits of the boost in spending in construction and engineering. "You have to look harder at these companies about what their end market really is, even though they're in a sector." Reporting by Chuck Mikolajczak; additional reporting by Lance Tupper, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Kim Forrest, Morgan Stanley, hasn’t, Bryant VanCronkhite, VanCronkhite, Owens Corning, Forrest, Chuck Mikolajczak, Lance Tupper, Louise Heavens Organizations: New York Stock Exchange, REUTERS, Nvidia, Meta, Bokeh Capital Partners, Infrastructure Investment, Jobs, Allspring Global Investments, Reuters, Vulcan, Thomson Locations: New York City, U.S, Pittsburgh, Menomonee Falls , Wisconsin

CNN —Donald Trump has been indicted on federal charges related to 2020 election subversion, a stunning third time this year that the former president has faced criminal charges. “The Constitution has very few requirements to serve as President, such as being at least 35 years of age. Could a president serve from prison? “How someone would serve as president from prison is a happily untested question,” Hasen said. If Trump were to be convicted before the 2024 election and win the contest, he could try to grant himself a pardon, according to Hasen.

Persons: Donald Trump, Richard L, Hasen, –, Trump, ”, ” Hasen, Jack Smith, Robert Ray, “, Justice Department ”, John Lauro, CNN’s Kaitlan Collins, ” Lauro Organizations: CNN, University of California, Trump, Court, Justice Department Locations: Los Angeles, United States, Manhattan, New York, Florida

☆ Watch CNBC's full interview with Bokeh Capital's Kim Forrest and EY-Parthenon's Gregory Daco
▼ + stars: | 2023-07-28 | 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 CNBC's full interview with Bokeh Capital's Kim Forrest and EY-Parthenon's Gregory DacoKim Forrest, chief investment officer at Bokeh Capital Partners, and Gregory Daco, chief economist at EY-Parthenon, join 'The Exchange' to discuss revenue earnings coming in higher than expected, global growth divergence influencing U.S. monetary policy, and more.

Persons: Bokeh Capital's Kim Forrest, Parthenon's Gregory Daco Kim Forrest, Gregory Daco Organizations: Bokeh Capital Partners Locations: EY

☆ July jobs report and more Big Tech earnings are in the week ahead after markets notch historic run for Dow
▼ + stars: | 2023-07-28 | by ( Sarah Min | ) www.cnbc.com time to read: +9 min

More Big Tech earnings and the jobs report are in the week ahead as investors wrap up a strong week that included a historic run for the Dow Jones Industrial Average . Jobs report out Friday Investors will digest the latest data from the July jobs report due out next Friday. "I don't expect any huge surprise from this jobs report next week," said Liz Young, head of investment strategy at SoFi. Earnings will continue to pour in next week, with key results from Big Tech companies Apple and Amazon on Thursday. Still, cooling inflation, strong jobs market and a resilient economy could spell a happy path for Wall Street.

Persons: Dow, Queen Victoria, Kim Forrest, Jerome Powell, Forrest, Nonfarm, Dow Jones, Liz Young, Bokeh's Forrest, they're, She'd, we've, SoFi's Young, Young, she'd, Stanley Black, Decker, The Kraft Heinz Organizations: Big Tech, Dow Jones, Dow, Cotton Oil, Bokeh Capital Partners, Meta, Federal Reserve, Pew Research, Apple, Semiconductor, Bank of Japan, Chicago PMI SA, Dallas Fed, Arista Networks, Western, Systems, PMI Manufacturing SA, ISM Manufacturing SA, Merck, Co, Caterpillar, Marriott International, Altria, Cruise Line Holdings, Pfizer, Marathon Petroleum, Molson Coors Beverage, SolarEdge Technologies, Devices, Caesars Entertainment, Electronic Arts, Starbucks, ADP Employment Survey SA, CVS Health, Fidelity National Information Services, Generac Holdings, Humana, The Kraft, Brands, MetLife, Marathon Oil, Occidental Petroleum, PayPal Holdings, Qualcomm, Etsy, Costco Wholesale, MGM Resorts, SA, PMI, Factory, PMI SA, News Corp, Constellation Energy, Moderna, Warner Bros, Discovery, Hasbro, ConocoPhillips, Kellogg, Booking Holdings, Expedia, Motorola Solutions, Monster Beverage, Manufacturing Payrolls SA, Nonfarm Payrolls SA, Dominion Energy Locations: United Kingdom, U.S

☆ The pathway to a soft landing is still very much possible, says EY-Parthenon's Gregory Daco
▼ + stars: | 2023-07-28 | 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 pathway to a soft landing is still very much possible, says EY-Parthenon's Gregory DacoKim Forrest, chief investment officer at Bokeh Capital Partners, and Gregory Daco, chief economist at EY-Parthenon, join 'The Exchange' to discuss revenue earnings coming in higher than expected, global growth divergence influencing U.S. monetary policy, and more.

Persons: Parthenon's Gregory Daco Kim Forrest, Gregory Daco Organizations: Bokeh Capital Partners Locations: EY

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