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☆ Bitcoin halving isn't a big deal for long-term investors, but may have a 'huge' impact on one key group, says Columbia professor
▼ + stars: | 2024-04-19 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Bitcoin's "halving" is expected to happen soon. But its potential impact depends on your relationship to the coin; it's likely to affect miners and investors differently. "To the people who own bitcoin because they think it's a good store of value, this halving is not that big of a deal. Miners receive bitcoins, known as block rewards, for verifying and validating transactions and helping keep the blockchain network secure. What the bitcoin halving may mean for investorsWhile the halving itself doesn't directly impact bitcoin's price, investors' anticipation of the event can lead to highly erratic price movements, says Douglas Boneparth, a certified financial planner and president of Bone Fide Wealth.

Persons: Douglas Boneparth, Boneparth, Malekan Organizations: Columbia Business School, Architecting, Money, CNBC, Bone, Miners

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

Washington CNN —A bill that reauthorizes Section 702 of the Foreign Intelligence Surveillance Act cleared a procedural hurdle on Thursday, paving the way for its passage ahead of a looming Friday night deadline when the intelligence community surveillance tool expires. The test procedural vote passed 67-32, with a combination of liberals and conservatives voting against. It’s unclear if the renewal will happen before the law lapses on Friday. Under FISA’s Section 702, the government hoovers up massive amounts of internet and cellphone data on foreign targets. The Foreign Intelligence Surveillance Court recently OK’d procedures for the program through April 2025, but if the authority lapses on Friday, it is possible that some US companies could refuse to provide the government with data under that certification.

Persons: “, Chuck Schumer, Critics, Katie Bo Lillis Organizations: Washington CNN, Foreign Intelligence, FISA Locations: Ukraine

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

☆ Hawaii wildfires 2023: New report details problems and heroism from Maui’s disastrous infernos
▼ + stars: | 2024-04-17 | by ( Holly Yan | ) edition.cnn.com time to read: +7 min

Among them: Chief officers and some Maui Fire Department staff used “WhatsApp” for situational awareness updates, but not everyone in the department used the app. Despite this, the collective actions by MFD and law enforcement saved many lives and property across the island,” the report says. “Battalion Chiefs initiated upstaffing for some resources on the morning of August 8” – the day the four major wildfires ignited. “MFD requested law enforcement to facilitate evacuations over the radio. “That is still under investigation with the Bureau of Alcohol, Tobacco, Firearms and Explosives,” Maui Fire Department Chief Brad Ventura said Tuesday.

Persons: ” “, “, ”, Anne Lopez, –, upstaffing, Brad Ventura, ” Ventura, Ventura Organizations: CNN, Maui Fire Department, National Weather Service, Western Fire Chiefs Association, Staff, Hawaii’s, Fire Safety Research Institute, BCs, State, “ Battalion Chiefs, ICS, Incident Command, Hawaiian Electric Company, Alcohol, Tobacco, Firearms, Explosives Locations: Maui, “, Lahaina

☆ How the Columbia disaster changed the future of spaceflight
▼ + stars: | 2024-04-13 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. The tragedy killed seven astronauts as the Columbia shuttle disintegrated upon its return to Earth on February 1, 2003, due to damage the vehicle sustained during launch. Changes at NASA were necessary, according to a formal investigation about the Columbia disaster published six months after the accident. Cultural changes: ‘Safety days,’ review boards and round tablesColumbia marked the second deadly mishap for the shuttle program after the space shuttle Challenger exploded during launch in January 1986. Following the Columbia disaster, NASA grounded its remaining fleet of three shuttles as the space agency sought to parse what went wrong.

Persons: ”, “, ” Wayne Hale, Rick D, Evelyn Husband, Bill Readdy, Bruce Weaver, Hale, ” Hale, Garrett Reisman, ” Reisman, Ilan Ramon, Reisman, —, NASA didn’t, SpaceX’s, Kevin Dietsch Organizations: CNN, Shuttle Columbia, Sunday, Columbia, SpaceX, NASA, Space Shuttle Columbia, Kennedy Space Center, Getty, Endeavour, Atlantis, International Space, Elon, Boeing, Columbia —, Challenger, International Space Station, Vigilance, ” Locations: Russia, AFP, California, Israel, Columbia

☆ Australia: A man complained about a ‘women only’ art exhibit. Now a tribunal has ruled the museum must admit male visitors
▼ + stars: | 2024-04-10 | by ( Christy Choi | ) edition.cnn.com time to read: +4 min

CNN —A museum in Australia is being forced to allow men into art exhibit originally conceived for women only, after a tribunal ruled it “discriminatory,” following a complaint by a disgruntled man who was denied entry. During proceedings, Kaechele told the tribunal that denying men entry to the mysterious room is indeed part of the art — giving them a taste of the discrimination and exclusion many women have experienced through history. “Because the requirement is that it will have to open to men, and that’s not happening,” she said. After Tuesday’s ruling, MONA’s official spokesperson told CNN that the institution was “deeply disappointed” by the tribunal’s decision. It was beautiful, the room, the art installation, the meaning of it all.”

Persons: MONA, Kirsha Kaechele, —, ” Jason Lau, Lau, ”, Kaechele, “, Jesse Hunniford, ” Kaechele, Charlotte Vignau Kaechele, Tuesday’s Organizations: CNN, Tasmania’s, of, Tasmanian Civil, KK Locations: Australia, New South Wales, Lau’s

☆ Armie Hammer is still laying low after his fall from grace. Here's what we know about his life today.
▼ + stars: | 2024-04-09 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Hammer has remained out of the spotlight since his 2021 fall from grace. Effie later accused Hammer in a press conference of raping her, and other women also came forward with allegations about Hammer, Air Mail reported. Chris Pizzello/APThat same month, Hammer and Chambers finalized their divorce, each waiving their right to a divorce trial. AdvertisementHammer has also kept his personal life private but may have briefly been engagedHammer has posted sparingly on Instagram since his fall from grace. According to People, a since-removed Instagram post appeared to show that Hammer had proposed to Gris in October 2023.

Persons: Armie Hammer's, Elizabeth Chambers, Hammer, Chambers, —, Hammer's, Effie, Prosecutors, Jennifer Lopez, William Morris, Kenneth Branagh, didn't, Armie Hammer, Chris Pizzello, Pema Chödrön, Marina Gris Organizations: Service, Air Mail, Air, Los Angeles District, Business, William, William Morris Endeavor, Variety, China Morning Post Locations: Cayman Islands, Hollywood, Gris

☆ Watches and Wonders 2024: The best women’s watches on show
▼ + stars: | 2024-04-09 | by ( Sarah Royce-Greensill | ) edition.cnn.com time to read: +7 min

Women’s watches have undergone something of a transformation in recent years, moving beyond an outdated “shrink it and pink it” design school of thought. Courtesy HermèsThe Cut is Hermès’ first new, in-house-designed women’s watch for 20 years — and it’s worth the wait. It also comes in rose gold, diamond-dusted white gold, and in two seriously special High Jewelry iterations which feature stripes of coloured hardstones. Courtesy ChopardBaby blue seems to be the hue for women’s watches this year, and Chopard’s new Happy Sport is a delicious example. Continuing the blue theme, it eschews razzle-dazzle for a confidently chic combination of white gold and lustrous lacquer, in a newly slimmed-down silhouette.

Persons: Patek Philippe, Cartier, Chanel, Couture, Boyfriend Couture, Chanel Chanel’s Couture, Coco Chanel, Van Cleef, Van, you’d, Carrera, Piaget Piaget, They’re, Vacheron Constantin Grand Lady Kalla Vacheron Constantin Grand Lady, Constantin Vacheron Constantin, Kalla Organizations: CNN, Chopard, TAG, IWC, Schaffhausen Locations: Geneva, Switzerland

☆ Special counsel Jack Smith asks the Supreme Court to reject Trump's immunity claim weeks before arguments begin
▼ + stars: | 2024-04-09 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Special Counsel Jack Smith implored the Supreme Court to reject Trump's immunity claims. The Supreme Court is set to hear arguments on the matter later this month. Related stories"A bedrock principle of our constitutional order is that no person is above the law — including the President," Smith wrote in this week's filing. AdvertisementThe Supreme Court is set to rule on Trump's immunity claim on April 25, the last day of oral arguments for the top court's current term. If the court rules against Trump's immunity claim, an eventual trial would likely coincide with the height of election season.

Persons: Jack Smith, —, Donald Trump's, Trump, Smith, SCOTUS, Joe Biden's Organizations: Trump, Service, Justice Department, Business

☆ Some Gen Z women are crushing on ChatGPT's evil alter ego
▼ + stars: | 2024-04-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Read previewAfter 10 hours of talking with DAN — ChatGPT's dark, rule-breaking alter ego, Ash was "crushing" on him. AdvertisementWhen she asked DAN to call her a "bad girl," she was "genuinely surprised" that it did. Another user named Nicole, for example, asked DAN to act like her boyfriend while her real-life one was out of town. Around 16% of young women confirmed flirting with a chatbot, while 13.4% said they had formed a friendship with one. "The more authentic and human AI can sound, the greater the possibility of a human developing feelings for it," she said.

Persons: —, DAN —, Ash, DAN, Hitler, Ash isn't, Dido, She's, Nicole, cussed, Dan, It's, we're, I'm, Sanam Hafeez, Dr, Daniel Weiner, Weiner, Siri Organizations: Service, Business, Services, Digital Psychiatry, Jersey Shore University Medical Center, Hackensack Meridian School of Medicine, AIs Locations: DAN

Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon MusicIt’s not just bad vibes — America’s kids are not OK. As study after study shows worsening youth mental health, a popular theory has emerged: The rise of smartphones and the addictive nature of social media is making young people miserable. But can it really be that simple? This week on “Matter of Opinion,” the hosts debate the myriad possible factors contributing to teenagers’ unhappiness, and discuss how parents, schools and the government can protect kids without doing further harm. Plus, a sui generis Lozada family vacation. (A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)

Persons: It’s Organizations: Spotify

☆ Tiger Woods is on player list for The Masters, but golfer’s longtime friend says there is concern over him walking 72 holes
▼ + stars: | 2024-04-04 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

And he’s got some constraints,” Woods’ friend Notah Begay III told a conference call on Wednesday, according to USA Today. According to Sports Illustrated, Woods played Augusta National last weekend with friend and PGA Tour peer Justin Thomas and club chairman Fred Ridley. Woods made his first appearance on the PGA Tour this year in February at the Genesis Invitational – an event he hosts. After admitting he had been suffering from back spasms during the first round, Woods withdrew during the second round, saying he was dealing with influenza. According to the PGA Tour, Woods has made the cut in 23 consecutive starts at Augusta, a record he shares with Fred Couples and Gary Player.

Persons: Woods, “ He’s, he’s, ” Woods, Notah Begay, ”, “, Begay, Justin Thomas, Fred Ridley, ” Begay, That’s, Jack Nicklaus, Fred Couples, Gary Player Organizations: CNN, USA, Sports, Augusta National, Stanford University, PGA Locations: Augusta

☆ Trump loses hush-money 'presidential immunity' bid after claiming statements about Stormy Daniels were 'official acts'
▼ + stars: | 2024-04-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewA Manhattan judge on Wednesday rejected a "presidential immunity" bid by Donald Trump, saying the effort was too little and too late. Advertisement"He was also well aware that the defense of presidential immunity, even if unsuccessful, might be available to him," the judge wrote. A tweet Donald Trump had hoped to exclude from his hush money trial on grounds of "presidential immunity." Business InsiderTweets Donald Trump hoped to exclude from his hush money trial on grounds of "presidential immunity." The hush money trial remains on track for jury selection on April 15.

Persons: —, Donald Trump, Trump, Stormy Daniels, Juan Merchan, Merchan, Michael Cohen, Michael, Susan Necheles, Todd Blanche, Attorney Alvin Bragg, Daniels, Bragg Organizations: Service, Business, GOP, US, Air Force, Manhattan, Attorney Locations: Manhattan

☆ Trump loses late bid to delay New York hush money trial
▼ + stars: | 2024-04-03 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A judge on Wednesday rejected a last-ditch effort by former president Donald Trump to delay his hush money trial scheduled to begin in New York on April 15. Merchan, in shooting down that request, said Trump had "myriad opportunities" to make an argument that he was immune in the hush money case before March 7, when his attorneys first raised that claim. "Defendant's motion is DENIED as untimely," Merchan wrote in his decision issued in Manhattan Supreme Court, which is a trial-level court. Trump is charged in the case with falsifying business records related to a hush money payment to Daniels shortly before the 2016 presidential election. in his ruling, Merchan wrote that Trump's lawyers "fail to explain why Defendant waited long past" a statutory deadline of 45 days before trial to make a pre-trial motion seeking a delay.

Persons: Donald Trump, Jonathan Diller, Trump, Judge Juan Merchan, Joe Biden's, Merchan, Michael Cohen, Stormy Daniels, Cohen, Daniel, Daniels, Trump's Organizations: U.S, New York City Police Department, NYPD, Supreme, Manhattan, Attorney's Office, White Locations: New, Rockaway, Queens, Massapequa Park , New York, U.S, New York, Washington ,, Manhattan

☆ Certain work shifts may harm your health later in life, study finds
▼ + stars: | 2024-04-03 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

More dire long-term consequences may also be at play, according to new research on the associations between work patterns in young adulthood and health outcomes later in life. Multiple studies have shown how irregular work hours can harm overall health and social life, but the new paper views the relationship through a “life-course” approach, observing how work patterns affect health throughout adulthood instead of one point in time. Despite the challenges of today’s work schedules, health experts say there are strategies people can use to mitigate the negative impacts. Additionally, still having some kind of routine or schedule around that shift can make it easier to fit in those health-promoting activities — especially sleep, Yao added. And past research has found that refraining from eating late at night counteracts the negative effects of shift work on health, he added.

Persons: ”, Wen, Han, ” Han, White, Xiaoxi Yao, wasn’t, Yao, ” Yao, “, Leana Wen, Wen wasn’t, Azizi Seixas, Christian Benedict, Han’s, ” Benedict, Benedict, ” Seixas Organizations: CNN, Silver School of Social, New York University, Longitudinal Survey, Mayo Clinic, “, George Washington University Milken Institute School of Public Health, Center, University of Miami Miller School of Medicine, Uppsala University Locations: midlife, Minnesota, Sweden

☆ Judge denies Trump’s motion to delay NY hush money trial until Supreme Court rules on presidential immunity
▼ + stars: | 2024-04-03 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +1 min

CNN —The judge presiding over former President Donald Trump’s upcoming New York criminal trial denied his motion to delay its start until after the US Supreme Court rules on Trump’s presidential immunity claim. Judge Juan Merchan denied the motion Wednesday calling it untimely and noting Trump’s lawyers had months to file a motion over the issue. “This Court finds that Defendant had myriad opportunities to raise the claim of presidential immunity well before March 7, 2024,” the order says. “The Court declines to consider whether the doctrine of presidential immunity precludes the introduction of evidence of purported official presidential acts in criminal proceeding,” the order says. When Trump filed the motion on March 7, the trial was still set to begin on March 25.

Persons: Donald Trump’s, Judge Juan Merchan, “, Defendant, Stormy Daniels, Trump, Merchan Organizations: CNN, US Locations: New York

☆ General Electric, once America’s iconic everything company, has completed its dismantling. Here’s what that means
▼ + stars: | 2024-04-02 | by ( Chris Isidore | Matt Egan | ) edition.cnn.com time to read: +4 min

The company was founded by Thomas Edison in 1892 and built into the world’s largest and most valuable company by the once legendary, but now oft-criticized CEO Jack Welch. General Electric home appliances are displayed for sale at an appliance store in San Jose, California, in 2019. But the despite the name, the company had already sold off its appliance business three years earlier. Its shares nearly doubled, rising 95%, in 2023, and were up another 37% this yearGE Aerospace will retain the longtime GE stock symbol, and Culp as its CEO. Some have suggested he could be the successor for Dave Calhoun, the retiring CEO of another troubled iconic US company, Boeing.

Persons: Thomas Edison, Jack Welch, Larry Culp, David Paul Morris, divestitures, Culp, Jason Redmond, Dave Calhoun Organizations: New, New York CNN, GE, Dow Jones, Walgreens Boots Alliance, General Electric, Bloomberg, Getty, NBC, Comcast, GE Capital, AAA, GE Healthcare, GE Aerospace, GE Vernova, Boeing, CNBC Locations: New York, San Jose , California, China, Everett , Washington, AFP

☆ My family’s from the Greek island of longevity, where people often live to 100: The 12 foods we always eat
▼ + stars: | 2024-04-01 | by ( Diane Kochilas | ) www.cnbc.com time to read: +5 min

Try: Broad beans (aka, fava beans)ChickpeasGigantes (giant beans)LentilsSplit peasChickpea stew with honey-roasted cauliflower and root vegetables, from Diane Kochilas's book "The Ikaria Way." GrainsWhole grains are an integral part of the Ikaria diet. Olive oilOlive oil is the defining food of the Mediterranean diet and an absolute must in the pantry. Many of the health benefits associated with the Mediterranean diet, and, by extension, the Ikaria diet, are attributed to the health properties of olive oil. If goat's milk yogurt isn't to your liking, you might prefer the Greek yogurt commonly found in American supermarkets, which is similarly rich in probiotics.

Persons: Dan Buettner, I've, Diane Kochilas's, Diane Kochilas, Yiorgos Stenos, Oregano Savory, Diane Locations: Ikarians, North America, Europe, Greece, Olive

☆ Why investors should check the outstanding share count before buying a stock
▼ + stars: | 2024-03-31 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

But what if I told you this group shrunk its share count dramatically since 2019? The numbers tell the story: Lennar now has 276 million shares outstanding, down from 318 million five years ago. Other than Toll, most of the homebuilder management teams do not emphasize this fundamental change in share count. Management has been buying hand over fist since 2019, shrinking the share count to 215 million from 264 million. My rather unassailable conclusion is pretty simple: Check the share count before you buy a stock.

Persons: PulteGroup, DR Horton, —, Douglas Yearley hadn't, homebuilders, Jim Umpleby, Eaton, Dow, Cummins, Elliott, Marc Benioff, Colette Kress, Williams, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Federal Reserve, DR, Management, Dick's, Goods, Abercrombie, Fitch, Williams, Walmart, Caterpillar, DuPont, Marathon Petroleum, Elliott Management, Valero Energy, Pacific, Norfolk Southern, CSX, Apple, Microsoft, NFL, Jim Cramer's Charitable, CNBC Locations: tatters, California, Sonoma, America, Williams Sonoma, San Marcos , California

☆ Lauren Boebert 'makes George Santos look like a saint,' says retired House Republican who she's trying to replace
▼ + stars: | 2024-03-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Former Rep. Ken Buck recently sounded off against Lauren Boebert, who's now running for his seat. He said the congresswoman and her various controversies "makes George Santos look like a saint." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAccording to audio that recently aired on a Colorado talk radio station, former Rep. Ken Buck doesn't think all that highly of Rep. Lauren Boebert. "She makes George Santos look like a saint," Buck can be heard saying on the audio heard on the "Dan Caplis Show."

Persons: Ken Buck, Lauren Boebert, who's, George Santos, Boebert, Buck, —, Ken Buck doesn't, Dan Caplis, Santos, I've, he's, She's Organizations: Service, New York Republican, Politico, Rotary, Colorado Republicans, GOP Locations: Colorado, loggerheads, Colorado's 4th, Boebert

☆ China’s Xi meets American CEOs to boost confidence in world’s second largest economy
▼ + stars: | 2024-03-27 | by ( Laura He | Wayne Chang | ) edition.cnn.com time to read: +3 min

Foreign direct investment in China has slumped in recent months as a combination of slower growth, regulatory crackdowns, onerous national security legislation and questions about the country’s long-term growth prospects have shaken confidence in the world’s second biggest economy. But global investors remain wary of China’s rising scrutiny of Western companies as well as a structural slowdown. In the first two months of 2024, foreign direct investment (FDI) into the country shrank nearly 20% from a year ago, underscoring weak confidence among global executives. Another gauge of FDI — direct investment liabilities — showed a 82% slump in 2023, according to figures released by the State Administration of Foreign Exchange. China has set this year’s economic growth target at around 5%, the same as last year’s.

Persons: Xi Jinping, Cristiano Amon, Raj Subramaniam, Stephen Schwarzman Organizations: Taipei CNN, Qualcomm, FedEx, Blackstone, of, International Monetary Fund, World Bank, China Development, Commerce Ministry, State Administration of Foreign Exchange, American Chamber of Commerce Locations: China, Hong Kong, Taipei, Beijing, United States

☆ Analysts say Boeing CEO exit can help the company 'get back on track.' Here's where they see the stock going
▼ + stars: | 2024-03-26 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

BA YTD mountain Boeing stock has slumped more than 26% from the start of the year after the Alaska Airlines 737 Max controversy. Stifel The firm has a buy rating on Boeing stock with a $270 per share price target, or 41% upside from Monday's close. TD Cowen TD Cowen has a buy rating on Boeing stock with a $230 per share price target, or 20% above Monday's close. JPMorgan maintains an overweight rating on Boeing with a $230 per share price target, or about 20% above Monday's close. JPMorgan maintains an overweight rating on Boeing stock with a $230 per share price target, or about 20% moving forward.

Persons: shakeup, Max, David Calhoun, Calhoun isn't, Larry Kellner, Stan Deal, Stephanie Pope, Pope, Calhoun, Bert Subin, Max —, Bank of America Bank of America's Ronald Epstein, TD Cowen TD Cowen, TD Cowen, Cai von Rumohr, Dave Calhoun, Morgan Stanley Morgan Stanley's Kristine Liwag, David Calhoun's, Wolfe, Wolfe Research Wolfe, Myles Walton, Seth Seifman, Seth M, Seifman Organizations: Alaska Airlines, Boeing, Bank of America Bank of America's, Wolfe Research, JPMorgan, FAA, Federal Aviation Administration Locations: Calhoun, Alaska

Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing's annual meeting in May. And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9, minutes into an Alaska Airlines flight.

Persons: Dave Calhoun, Sen, Mark Warner, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Kellner, Calhoun, Dennis Muilenburg Organizations: Capitol, Boeing, Boeing Global Services, Alaska Airlines Locations: Washington , DC

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