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Discovery teamed up with Disney to create an anticipated Max-Hulu-Disney+ bundle, which launched in late July for $17 per month. AdvertisementThere were less than 2 million net streaming subscribers additions in the US in Q2, according to Antenna. In August, Hulu's cancellation rate rose to its highest level since January, and Max's churn rate jumped to its highest mark since November. AdvertisementWhen taken in the context of Antenna's other data, it looks like some Hulu and Max customers are canceling their subscriptions so they can subscribe to the Max-Hulu-Disney+ bundle without paying twice. The Max-Hulu-Disney+ bundle is one of several streaming packages that media giants have conjured up.
Persons: , Max each, Peacock, Max, it's Organizations: Service, Warner Bros, Discovery, Disney, Hulu, Business, Paramount, WBD, Comcast, Netflix, Apple, ESPN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike's CEO change is encouraging, but the recovery may take longer than anticipated, says JPM's BossMatthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss why Boss opened a negative catalyst watch on Nike following its change at CEO, how long it'll take for the company turnaround to happen, and much more.
Persons: JPM's, Matthew Boss, Boss Organizations: JPMorgan, Nike
Earth is getting a second moon, a mini-moon asteroid called 2024 PT5, on September 29. This asteroid from the Arjuna asteroid belt will follow a horseshoe path around Earth for 57 days. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. It's an asteroid about the size of a school bus, at 35 feet long, and it has a typical, un-snazzy asteroid name: 2024 PT5. Earth is poised to pick up this hitchhiker from the nearby Arjuna asteroid belt on September 29.
Persons: Arjuna Organizations: Service, American Astronomical Society, Business Locations: It's
Stock market highs are expected to continue into 2025, according to Oppenheimer's Ari Wald. AdvertisementWald's 6,000 price target for the S&P 500 is based on the median bull market cycle. "The S&P 500 is up 64% over the 23 months between October 2022 and September 2024. And if the current bull market follows the path of the average bull market, stocks could continue to rise through the end of 2025 with the S&P 500 rising to around the 7,000 level. "We view the cycle high for Industrials as confirmation of an intact bull market," Wall said.
Persons: Oppenheimer's Ari Wald, Wald, , Oppenheimer, Ari Wald, it's, Wall, " Wald Organizations: Service, New York Stock Exchange, ISI Locations: That's
Last week, JPMorgan Chase CEO Jamie Dimon lashed out at investment bankers in training who quietly accept future-dated jobs with buyout firms. In the past, such recruiting tactics often took place after newbie investment bankers got some experience under their belts. Related storiesLast year's private-equity recruiting cycle kicked off while many bankers were still in training for their first full-time jobs after college. In August, JPMorgan issued a warning to incoming investment bankers about the risks of accepting hush-hush jobs with private-equity firms, including potential termination. AdvertisementIn the August letter, JPMorgan warned that future-dated jobs with a private-equity firm could present conflicts of interest for the bank.
Persons: , Jamie Dimon, Dimon, hadn't Organizations: Service, JPMorgan, Georgetown University, Street's, Business, Georgetown
Investors await key economic data this week, including consumer confidence, revised GDP growth, and the PCE Index. Minneapolis Fed President Neel Kashkari defended the recent rate cut and sees more cuts ahead. AdvertisementUS stocks rose on Monday, with the S&P 500 and Dow Jones Industrial Average testing record highs as investors prepare for fresh economic data this week. Investors will get consumer confidence data on Tuesday, another revision to second-quarter GDP growth on Thursday, and fresh inflation data on Friday with the release of the personal consumption expenditures index. The chatter comes just a few days after the Fed cut interest rates by 50 basis points at the end of its policy meeting last Wednesday.
Persons: Dow Jones, Neel Kashkari, , Kashkari Organizations: Dow, Minneapolis, Service, Dow Jones, Federal, Governors, CNBC, Fed, Here's
The Israeli military said Monday evening it had carried out a targeted strike in Beirut. Lebanese Health Minister Firass Abiad told a news conference in Beirut the earlier strikes hit hospitals, medical centers and ambulances. The Israeli military announced it hit some 800 targets, saying it was going after Hezbollah weapons sites. Meanwhile, Hezbollah said in a statement that it fired dozens of rockets toward Israel, including at military bases. Lebanon's state-run National News Agency said the strikes hit a forested area in the central province of Byblos for the first time since the exchanges began.
Persons: Rabih Daher, Benjamin Netanyahu, Netanyahu, Abed, Hezbollah's, Firass Abiad, Mahmoud Zayyat, Daniel Hagari, Herzi Halevi, Israel, Halevi, Rafael, Ibrahim Aqil Organizations: Afp, Getty, Lebanese, National News Agency, Lebanese Health, Iran's, Guards, Hezbollah, Sunday, Hamas, Associated Press, Fighters Locations: Marjayoun, Lebanon, Israel, Sidon, Beirut, Lebanon's, Bekaa, Byblos, Lebanese, Syria, Haifa, Gaza, Iran, Beirut's
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. I didn't spend my 20s and 30s dating around or in multiple relationships, and after my divorce, I wasn't interested in doing much of that, either. Finding out about the infidelity was tough; finding out it was with multiple people was devastating. Related storiesBut throughout all of that, I didn't leave, and I didn't want them to leave, either. I felt like a failure for not wanting to leaveI felt like a failure in a lot of ways.
Persons: , gaslighting Organizations: Service
Not all of them make it to 100, but they do tend to enjoy relatively good health for longer than most people in the US. He has developed a two-part weekly plan for his own brain health based on his own research. AdvertisementThis doesn't mean that the average meat-eater's diet is a boon for brain health. Fatty fish, meat, and eggs are also rich in the nutrient choline. Plus, in addition to being good for bone health, there is some evidence that vitamin D is good for preserving brain function.
Persons: , there's, Gary Fraser, Fraser, what's, it's, Anthony Fauci, you'd Organizations: Service, Business Locations: Linda , California, North America, Loma, California, Fraser
Amazon , Meta Platforms and Apple are eating away at Microsoft's once-sizable lead in the heated artificial intelligence arms race, according to D.A. Early investments in ChatGPT creator OpenAI gave Microsoft the first-mover advantage in the AI race. Davidson analysts praised Amazon, Meta, and Apple as their top three. AMZN YTD mountain Amazon YTD In particular, D.A. META YTD mountain Meta Platforms YTD As for Meta, the Club sees potential in how AI helps boost user engagement with its chatbot baked into Facebook, WhatsApp and Instagram.
Persons: Davidson, Jim Cramer, Jim, it's, Gross, OpenAI, Copilot, That's, D.A, Mike Sievert, Jim Cramer's, Adam Gray Organizations: Microsoft, Big Tech, D.A, Apple, Club, Services, AWS, Amazon, Meta, Facebook, Mobile, Apple Intelligence, CNBC, Getty Locations: Microsoft's, Redmond, Washington, D.A, San Francisco, New York City
Boeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's aircraft production, entered its second week. Boeing's new offer would raise general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn't immediately comment on the offer. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.
Persons: didn't, group's, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: CTVA, Katie Stockton Organizations: Invesco DB Agriculture Fund, Wheat, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: CTVA
Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service | Getty ImagesBEIJING — More economists are calling for China to stimulate growth, including those based inside the country. His presentation Saturday at Renmin University's China Macroeconomy Forum was titled: "A basket of stimulus and reform, an economic revitalization plan to substantially expand domestic demand." "The elephant in the room is the property market," said Xu Gao, Beijing-based chief economist at Bank of China International. To restore confidence and stabilize the property market, Xu said that policymakers should bail out the property owners.
Persons: Liu Shijin, Liu, Goldman Sachs, China's, Xu Gao, Xu, Nomura, Gabriel Wildau, Teneo, Yi Gang, Wildau, Yi Organizations: China News Service, Getty, Development Research, State Council, CNBC, China Macroeconomy, Goldman, Bank of China International, Center for, People's Bank of China Locations: Beijing, China, BEIJING, Renmin, Center for China, U.S
He had only been at Carnegie Mellon University for three months and knew the career fair was not meant for non-graduating students. "When the time came after nine months for my actual career fair, I focused on those companies a bit more." "That really helped because right out of the first career fair I attended properly, I had six or seven calls," he said. This is the résumé that Ghatage used to attend job fairs in 2016:Ghatage's résumé in 2016 during his master's program. Tweaking work experience: Writing about early work experience is tough because it often had limited impact, Ghatage said.
Persons: , Ghatage, Ghatage's Organizations: Service, Carnegie Mellon University, Business, Google, Cisco, SAP Locations: Salesforce, company's
Ukraine has carried out a string of attacks on Russian ammunition depots over the past week. Newly released satellite images taken before and after the attacks reveal extensive damage at three sites. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNewly published satellite imagery shows extensive damage at three large ammunition depots inside Russia in the aftermath of multiple Ukrainian attacks over the past week.
Persons: Organizations: Service, Business Locations: Ukraine, Russia
It may be time to take another look at municipal bonds. These days, munis are cheap relative to corporate bonds, Bank of America said in a note Friday. "Muni weakness is not the driver here, but rather corporate richness," municipal research strategist Yingchen Li wrote. "We continue to advise investors to take positions while the muni market rally remains slow and ratios are somewhat cheap," he said. Municipal bonds have already had an "impressive" run in recent months, Haskell wrote in a note last week.
Persons: Yingchen Li, Li, Patrick Haskell, Haskell Organizations: Bank of America, BlackRock
In an X post On Saturday, the tech billionaire shared the Republican presidential candidate's promotional video for Official Trump Coins, in which Trump hailed them as a "true symbol of American greatness." "He is selling the silver coins as a collectible that could increase in value …. He also suggested Trump's endorsement of the coins means he can't be trusted as a business partner or investor. Cuban asked on X.AdvertisementHe continued: "Would you tell ANYONE you know to get business or investment advice from a person selling these coins?" Cuban has repeatedly criticized Trump in recent weeks while championing Vice President Kamala Harris, Trump's rival in this year's presidential race.
Persons: , Cuban, Donald Trump, he's, Trump, Warren Buffett, They're, Trump's, Kamala Harris, He's, Trump Organization didn't Organizations: Service, Republican, Trump, Business, btc, Maxis, Dallas Mavericks, White, JBCZ Group, CIC Digital, CIC Ventures, CIC, Trump Organization Locations: bitcoin
Cathay Pacific bans couple after seat-reclining spat
  + stars: | 2024-09-23 | by ( Jack Guy | ) edition.cnn.com   time to read: +4 min
CNN —Hong Kong-based airline Cathay Pacific has banned two passengers from its flights after an argument over seat-reclining etiquette descended into xenophobic insults. People from Hong Kong speak mainly Cantonese, whereas mainland Chinese mainly speak Mandarin. However, Cathay, Hong Kong’s flag carrier, has got into hot water with Chinese authorities in the past. In a statement announcing the dismissals, Cathay Pacific CEO Ronald Lam said he would personally lead a task force to improve service and avoid similar incidents in the future. “We need to ensure that all Cathay Pacific employees must at all times respect customers from different backgrounds and cultures, and that we provide quality services consistently across all markets that we serve,” he said.
Persons: , , , Hong Kongers, Ronald Lam, CNN’s Michelle Toh, Shawn Deng Organizations: CNN, Cathay Pacific, Cathay, Cathay Group, Hong Locations: Hong Kong, London, China, Cathay Pacific, Hong, Cathay, Hong Kong’s
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker's earnings, which are expected Wednesday after market close. Monday's gain put the stock on track for its biggest advance since Aug. 28, when it popped 9%. Ulta — The cosmetics stock lost more than 3% after a downgrade to hold from buy at TD Cowen. Biohaven — Shares surged 12% after the clinical-stage pharma company announced positive trial data for its drug treating spinocerebellar ataxia known as troriluzole. Intel — Shares of the struggling chipmaker climbed 2.4% after Bloomberg News reported on Sunday that Apollo Global Management proposed to make a multibillion-dollar investment in Intel.
Persons: Harlan Sur, General Motors, Bernstein, Cowen, troriluzole, Ciena, Jesse Pound, Alex Harring, Samantha Subin, Sean Conlon Organizations: Micron Technology, Micron, JPMorgan, Tesla, Barclays, U.S . Army, General, pharma, Intel —, Bloomberg, Apollo Global Management, Intel, CNBC, Qualcomm, Citi
I tried all of the classic flavors at my local Insomnia Cookies and ranked them from worst to best. The M&M's cookie was my least favorite even though I like the candy on its own. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCreated by college students in a University of Pennsylvania dorm room, Insomnia Cookies revolutionized late-night eating options in 2003.
Persons: , it's Organizations: Service, University, Pennsylvania, Business
US stocks rose Monday, with the Dow closing at a record high amid hopes for more rate cuts. Odds of a 50 basis point rate cut at the next FOMC meeting increased to 53%, up from 29% last week. AdvertisementUS stocks gained on Monday with the Dow Jones Industrial and S&P 500 closing at record highs as hopes of more Fed interest rate cuts ramped up. According to the CME FedWatch Tool, markets expect the Fed funds rate to fall to below 3% by the end of 2025, from 4.83% on Monday. That lines up with Kashkari's projection for the long-term Fed funds rate to sit at around 2.9%.
Persons: , Austan Goolsbee, Neel Kashkari, Goolsbee, Kashkari Organizations: Dow, Service, Dow Jones Industrial, Federal, Chicago Fed, Minneapolis Fed, Fed Locations: Chicago
That standard guidance will be circulated Monday, seven days before a shutdown could occur. Should lawmakers fail to pass a funding bill, millions of federal workers and military personnel would be affected by a shutdown. Another 1.4 million federal employees may have to work without pay, though some of these positions are funded through resources other than annual appropriations, she said. All federal employees are guaranteed back pay, though contractors are not. Even the threat of a shutdown can disrupt the lives of federal employees, who could have to forgo their paychecks.
Persons: Mike Johnson, shutdowns, Rachel Snyderman, Snyderman, , , Donald Trump, Trump, Chuck Schumer, aren’t, ” Doreen Greenwald, Everett Kelley, Joe Biden Organizations: Washington CNN, Louisiana Republican, Democratic, CNN, , OMB, White, Management, Senate, Center, SAVE, GOP, noncitizens, Representatives, Social Security, National Treasury Employees Union, American Federation of Government Employees, District of Columbia Locations: Louisiana
Read previewI promised my husband David that after he lost his battle with cancer, I would care for his mom. My mother-in-law and I had a complicated relationship, fighting for David's time and attention for 25 years. AdvertisementOur relationship is a giftWhen Joy gets frustrated or angry, I am the one who won't leave her. In the middle of the pandemic, Joy called me three times to say she was lost in Times Square. Practical chores include grocery shopping, laundry, cleaning up, helping Joy change, taking her to appointments, and paying bills all fall on me.
Persons: , David, Joy, dentures, Omar Organizations: Service, Business Locations: New York City
But if you were generally tense, anxious, or fearful around your parent or caretaker, there's a chance you were raised by an eggshell parent. An eggshell parent is "often highly unpredictable, and unsafe in some way," she added. Sage shared a few signs you grew up with at least one eggshell parent, and what the long-term impacts of such a relationship can be. She added that eggshell parents often lack self-awareness of how their intense mood swings impact other people, especially their kids. Without that acknowledgment, children of eggshell parents might continue to believe that they "caused" their parents' outbursts, and that they're responsible for managing other people's emotions.
Persons: , there's, Kim Sage, Sage, you've, you'll Organizations: Service, Business Locations: California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKey U.S. ports brace for possible shutdowns ahead of holiday shopping seasonKathryn Thompson, Thompson Research Group CEO, joins 'Squawk Box' to discuss how transport companies are preparing for possible port shutdowns, how long a dockworker strike could be, and more.
Persons: Kathryn Thompson Organizations: Thompson Research
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