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☆ These 3 utilities stocks are set to benefit the most from the AI boom as demand for electricity surges, according to a $47 billion firm
▼ + stars: | 2024-06-14 | by ( Christine Ji | ) www.businessinsider.com time to read: +1 min

AI and data centers are driving up electricity usage in the US after a decade of flat demand. As a result, the utilities sector is performing strongly, especially independent power producers. IPP stocks like NRG, CEG, and VST will benefit the most from AI, says one portfolio manager. Investors are pouring into utilities stocks as data centers drive outsized demand for electricity. This is big news for the US utilities sector, which has experienced essentially flat demand growth over the last decade.

Persons: — Organizations: Service, Nvidia, Goldman Sachs Research, Business

☆ High interest rates could pressure companies to cut dividends. These names may be at risk, Wolfe Research says
▼ + stars: | 2024-06-13 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Dividend-paying companies might feel compelled to cut their dividends if they're grappling with a lot of debt, as higher rates raise the cost of leverage for companies. He added dividend cuts can also serve as a "clearing event" for a stock, ironically spurring a period of outperformance. See below for a few of the potential contenders for dividend cuts. The stock is down more than 15% in 2024, and it offers a dividend yield of nearly 5%. Shares are up about 17% in 2024, and the stock has a dividend yield of 3.5%.

Persons: Jerome Powell, Chris Senyek, Wolfe, Matthew Boss, Vail, Goldman Sachs, Christine Cho, Nordstrom Organizations: Wolfe Research, Federal, Vail Resorts, JPMorgan, Vail, Nordstrom, Whirlpool, Owl Locations: Wednesday's

☆ Goldman sees price wars coming to restaurants and gives 6 stocks that can still thrive
▼ + stars: | 2024-06-13 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

But only a few restaurant brands that can hold on to their pricing will be able to come out on top, the firm said. Six popular stocks in the group were each given a buy rating: Chipotle , Domino's Pizza , Restaurant Brands International , Starbucks , Sweetgreen and Shake Shack . Cho placed a neutral rating on McDonald's , Yum Brands and Wingstop and a sell on Jack in the Box and Wendy's . The bank is also bullish on Restaurant Brands, owner of Burger King and Popeye's, which Cho noted is undergoing a business transformation. Another restaurant Goldman is bullish on is Domino's Pizza, which Cho believes has numerous catalysts that could lift the stock, including a newly revamped rewards program and an Uber Eats expansion.

Persons: Goldman Sachs, Christine Cho, Cho, Goldman, Chipotle, Wednesday's, Burger Organizations: Brands, Starbucks, Yum Brands, Restaurant Brands

The bank also raised its price target to $160 from $115, suggesting 18% upside from Wednesday's close. — Michelle Fox 7:59 a.m.: KeyBanc raises Netflix price target Netflix's growth isn't going to slow down any time soon, according to KeyBanc Capital Markets. — Pia Singh 7:23 a.m.: Bank America raises price target on Boeing Bank of America is weighing the challenges and opportunities Boeing has to make a turnaround. She kept her $38 price target, which implies shares could drop just slightly from its latest close. — Pia Singh 5:45 a.m.: Jefferies names Microsoft a top pick Microsoft is "going for AI gold," according to Jefferies.

Persons: Jefferies, Christine Cho, — Jesse Pound, Clark, Anna Lizzul, Kimberly, — Michelle Fox, Justin Patterson, Patterson, — Pia Singh, Ronald Epstein, Epstein, Oppenheimer, Ulta, Rupesh Parikh, Parikh, Morgan Stanley downgrades Corning, Corning, Morgan Stanley, Meta Marshall, Marshall, Tom O'Malley, O'Malley, AVGO, JPMorgan's Harlan Sur, Timothy Arcuri, Brent Thill, Fred Imbert Organizations: CNBC, Microsoft, Barclays downgrades NextEra Energy Partners, NextEra Energy Partners, Barclays, Bank of America, Clark Bank of America, KeyBanc, Markets, Netflix, Bank America, Boeing Bank of America, Boeing, Broadcom, VMware, Google, UBS, Jefferies Locations: Kimberly, F2H25

☆ These chefs and restaurants are the 2024 James Beard Award winners
▼ + stars: | 2024-06-11 | by ( Marnie Hunter | ) edition.cnn.com time to read: +10 min

CNN —The Oscars of the food world — the James Beard Awards — were handed out Monday night to many chefs and restaurants reflecting cultures and regions that have long been overlooked when honoring culinary achievement in the United States. Outstanding Chef winner Michael Rafidi dedicated his award to Palestinian people all over the world in his acceptance speech. The 2024 winners bring heritage from all over the globe — the Philippines, Mexico, Japan, Peru, Vietnam, Senegal — to tables across the United States. This year’s awards also bring recognition to restaurants in many smaller towns and states that have not historically been recognized with James Beard Awards. Chef Masako Morishita received the James Beard Award for Emerging Chef.

Persons: James Beard, —, Serigne Mbaye, ” Mbaye, Michael Rafidi, ”, Paul Smith, Lula Drake Wine, Chef Masako Morishita, Beard, Deb Lindsey, Masako Morishita, Atsuko Fujimoto, Morishita, Adams Morgan, Fujimoto, Baker, Ruth Reichl, Reichl, “, foodie, James Beard’s, ” Beard, Hamissi Mamba, Nadia Nijimbere, MI, Yenvy Pham, Phở, WA Chris Viaud, NH Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Sarah Minnick, Dean Neff, Renee Touponce, David Uygur, Christine Dong, Fariyal Abdullahi, Janet Becerra, SC Ryan Fernandez, Mel, Baker Susan Bae, Jesus Brazon, Manuel Brazon, Crystal Kass, Valentine, AZ Anna Posey, Hospitality Crawford, NC Gemma, Lula Cafe, Vin, California Geoff Davis, CA Rogelio Garcia, Auro, Lord Maynard Llera, Kuya, Los Angeles , CA Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, Jose Salazar, Sarkar, Hajime Sato, Sozai, MI Jenner Tomaska, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, NY Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, NY Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, WA Kristi Brown, WA Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Washington , NC Rod Lassiter, Parnass Savang, James London, Chubby Fish, SC Robbie Robinson, Valerie Chang, FL Hunter Evans, Jackson, MS Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, NM Eduardo Rodriguez, Zacatlán, Texas Emmanuel Chavez, Houston , TX Christopher Cullum, Cullum’s Attaboy, San Antonio , TX Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Dakar NOLA, Lyric Opera, Michelin, Beverages Program, Chefs, The Washington Post, Washington Commanders, The New York Times, Gourmet Magazine, James, James Beard Foundation, Hav, Seattle , WA Nikko Cagalanan, SC, NY, Dakar, FL Kisser, Nashville , TN Oro, Caracas Bakery, AZ, Hospitality, IL, NY Woodford Food & Beverage, Beverages, SC The Morris, D.C, BEST, Social Haus, UT, New, New York State, Pacific, FL, Houston , TX Locations: United States, New Orleans, West Africa, Chicago, Portland , Oregon, Pacific, Albi, Washington, Ramallah, Philippines, Mexico, Japan, Peru, Vietnam, Senegal, West Virginia, Charleston , West Virginia, Columbia , South Carolina, Mission , Texas, Mystic , Connecticut, Easton , Maryland, Portland , Maine, Tokyo, Perry’s, Adams, DC, Bakery, Detroit, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington ,, Albi , Washington, The, Lucia, Dallas , TX, Santa Fe, Marfa ,, San Antonio ,, Springs, , New York, Pancita, Seattle , WA, Kultura, Charleston, Southern Junction, Buffalo, Waitsburg, Lockhart, TX, Carmel, Dorchester, Dakar NOLA , New Orleans, LA Hayward, McMinnville, Kaya, Orlando, Nashville , TN, Nixta , Minneapolis, Shan, Bozeman, Albuquerque, Long Beach ,, Hudson, Caracas, Doral, Miami, Phoenix, Elske, IL, Son, Raleigh, NC, Dallas ,, New York, NY, Columbia, San Francisco ,, Anaheim , Anaheim, , Washington, Waxlight, Montpelier, VT, Baltimore, , New Orleans, LA, Brownsville ,, California, Burdell, Oakland, Calistoga, Los Angeles ,, San Diego ,, Kru, Sacramento, Lakes, MI, Cleveland ,, Mita’s, Cincinnati, Indienne, Clawson, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MN, MO, WI, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee, Hai Hai , Minneapolis, Omaha, UT, WY, Greenough, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence ,, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, TN, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, AZ, NM, Bacanora, Oklahoma City, Henderson, Mesa, Tatemó, Houston ,, Austin ,, Mission

☆ Caitlin Clark: The reasons for and against the WNBA star’s exclusion from the Team USA Olympic roster
▼ + stars: | 2024-06-11 | by ( Matias Grez | ) edition.cnn.com time to read: +10 min

CNN —USA Basketball’s decision to omit Caitlin Clark from the Olympic roster was initially met with some shock. However, USA Basketball has made a “terrible decision,” according to CNN Sport analyst Christine Brennan, by omitting a phenomenon like Clark from the roster. Breanna Stewart, a two-time WNBA champion, Brittney Griner, a nine-time All Star and A’ja Wilson, a two-time MVP, have all represented Team USA at an Olympic Games before. “She’s the biggest thing in sports, not just women’s basketball in the United States,” Brennan said of why Clark should be included. With or without Clark, Team USA is the overwhelming favorite to win gold in Paris and continue its unbeaten Olympic record stretching back to 1992.

Persons: Caitlin Clark, Clark, wasn’t, ”, Christine Brennan, She’s, ” Clark, Brian Spurlock, I’m, Alyssa Thomas’s, Diana Taurasi’s, Breanna Stewart, Brittney, A’ja Wilson, Greg Fiume, Sabrina Ionescu, Jackie Young, Stewart, Betnijah Laney, it’s “, “ I’ve, “, that’s, ” Brennan, Caitlin, Don Riddell, Brennan, Gregory Shamus, Diana Taurasi, Diana, ’, ” Stewart, Taurasi, Paige Bueckers, USA, Jennifer Rizzotti, she’s, Jayne Kamin, There’ll, Rebecca Lobo, Candace Parker, –, Christian Laettner, women’s Organizations: CNN, USA, WNBA, CNN Sport, Chicago Sky, Indiana Fever, Indiana, Team USA, Olympic, Getty, NCAA, Hamilton, Fever, Basketball, “, Iowa, Sports, Reuters, USA Basketball, Team USA’s, NBA Locations: Paris, …, Iowa, Long, men’s, United, United States, Clark, America, Africa, Europe

☆ Caitlin Clark excluded from USA Women’s Basketball Olympic roster, CNN sports analyst says
▼ + stars: | 2024-06-08 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —USA Basketball’s roster for the women’s Olympic basketball team that will chase gold in Paris this summer will not include WNBA rookie sensation Caitlin Clark, according to CNN sports analyst Christine Brennan. The US women’s team will play an exhibition game against Germany in London on July 23 before their first game of the 2024 Paris Olympics on July 29. The USA women’s 3x3 team features some of America’s younger talent. 3x3 basketball is being contested in just its second Olympic games, with the US winning the inaugural women’s gold medal in Tokyo in 2021. The USA women’s national team, consistently loaded with a surplus of talent, has won gold at seven straight Olympic Games dating back to 1996.

Persons: Caitlin Clark, Christine Brennan, Brennan, ”, Brittney Griner, Diana Taurasi, Breanna Stewart, Griner, “, Cameron Brink, Hailey Van Lith, Rhyne Howard, Cierra Burdick Organizations: CNN, USA, Olympic, WNBA, ” CNN, USA Basketball, Olympics, US, Germany, USA women’s Locations: Paris, Russia, London, Japan, Belgium, Germany, Spain, Tokyo

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Mixed data means ECB could take a cautious approach to further interest rate cuts, strategist says
▼ + stars: | 2024-06-06 | 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 EmailMixed data means ECB could take a cautious approach to further interest rate cuts, strategist saysEmmanuel Cau, head of European equity strategy at Barclays, discusses the European Central Bank’s highly anticipated monetary policy meeting and says that investors will be closely monitoring ECB President Christine Lagarde’s press conference for clues on the expected number of interest rate cuts later in the year.

Persons: Emmanuel Cau, Christine Lagarde’s Organizations: Barclays, Central

☆ European Central Bank heads for first rate cut since 2019: Live updates
▼ + stars: | 2024-06-06 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, April 11, 2024. The European Central Bank is widely expected to announce a reduction in interest rates at its meeting in Frankfurt on Thursday, despite lingering inflationary pressures in the 20-nation euro zone. The central bank's key rate has been at a record 4% since September 2023. A cut would be the ECB's first since September 2019, when the deposit facility was in negative territory. Canada on Wednesday became the first G7 nation to cut interest rates in the current cycle, while Sweden and Switzerland's central banks already announced their own rate reductions this year.

Persons: Christine Lagarde, Lagarde Organizations: European Central Bank, ECB, Reuters, U.S . Federal Reserve, Wednesday Locations: Frankfurt, Germany, Canada, Sweden

☆ Biden makes his play for anti-Trump Republicans he hopes can give him a second term
▼ + stars: | 2024-06-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +17 min

Washington CNN —Donald Trump hasn’t shown much interest in reaching out to Republicans who hate him. Or, he argued, “they’re likely to stay home.”Hutchinson told CNN he won’t stay home himself, but he won’t vote for Biden or Trump. “This swath of Republican strategist types are literally begging the Biden campaign to give them a reason to support him,” a former House Republican leadership aide told CNN. “You can hold your nose and vote for Biden and not be in public screaming about it. But Purcell has also not yet heard from the Biden campaign this time.

Persons: Washington CNN — Donald Trump hasn’t, Joe Biden, Adam Kinzinger’s, Austin Weatherford, Nikki Haley, Haley, Biden, Anita Dunn, Cassidy Hutchinson, Anthony Scaramucci, Liz Cheney, John Kasich, Trump, Cindy McCain, shouldn’t, –, ”, Jen O’Malley Dillon, they’ve, mattering, Denver Riggleman, Kinzinger, Paul Ryan, Chris Christie, Mike Pence, Mark Cuban, doesn’t, he’s, Joe, “, Larry Hogan, I’m, ’ ” Hogan, ” Hogan, they’re, Carolina Sen, Lindsey Graham, it’s Biden, Asa Hutchinson, Daisy Bates, Hutchinson, “ You’ve, you’re, ” Hutchinson, “ they’re, won’t, Indiana Sen, Todd Young –, Biden –, ” Young, Young, Christine Todd Whitman, George W, Bush, ” Whitman, Whitman, Joe Walsh, don’t, MAGA, Claudine Schneider, Schneider, Geoff Duncan, Donald Trump, ’ ” Duncan, ” Duncan, “ ‘ Will, Biden George H.W, Hillary Clinton, “ he’s, He’s, Howard Stern, “ Where’s Jeb Bush, Where’s George Bush, ’ ” Biden, Jeb Bush, Hogan, Kristopher Purcell, Purcell Organizations: Washington CNN, Republican, White, Trump, Democratic, Ohio Gov, CNN, Republicans, Trump Republican, Virginia Rep, Denver, Trump Republicans, Former New Jersey Gov, Tech, Biden, Senate, South, Capitol, New, Environmental Protection Agency, Independents, Illinois, Republican Party, MAGA Republicans, Congress, Trump ., Bush Republicans, Maryland Senate Locations: Biden’s, Wilmington, Israel, Ukraine, Former, Dallas, Maryland, Baltimore, York, South Carolina, Carolina, Arkansas, New Jersey, Trump, Rhode Island, Georgia

☆ ECB: Interest rates are coming down in Europe
▼ + stars: | 2024-06-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower borrowing costs as inflation recedes following years of rate hikes. Central banks in Switzerland and Sweden have also cut interest rates this year. Analysts doubt the central bank will cut rates again at its next meeting in July. It added that it would keep interest rates “sufficiently restrictive for as long as necessary” to return inflation to the 2% target. Higher interest rates tend to attract more international capital flows into a country, lifting demand for its currency.

Persons: Christine Lagarde, Cyrus de la Rubia Organizations: London CNN, European Central Bank, US Federal Reserve, Bank of England, ECB, Bank of Canada, P Global, Hamburg Commercial Bank, Fed, Traders Locations: Ukraine, United States, United Kingdom, Switzerland, Sweden, Hamburg, Frankfurt, Europe

☆ How to overcome a 'scarcity mentality' and feel financially secure, according to a frugal millionaire couple
▼ + stars: | 2024-06-06 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

Jonathan and Jacqueline Sanchez pushed their net worth over $1 million in 2021, through a combination of savings, investments and real estate equity. But it took awhile for Jonathan, who grew up in a frugal, single-parent household to feel fully financially secure, despite the couple's millionaire status. But the diversity of their income sources, as well as their commitment to being frugal, are some of the major reasons the couple now lives — and spends — comfortably. Rather, think of how you'd live in the case of a real financial emergency. Having a diversified group of income sources allows the couple to feel financially secure, even as they go through the usual ups and downs of launching and growing an online business.

Persons: Jonathan, Jacqueline Sanchez, Jacqueline —, —, Jacqueline, Jonathan helms, Christine Benz Organizations: CNBC

Thursday is a big day for the European Central Bank. It is widely expected to lower interest rates by a quarter percentage point, its first cut since 2019 — and outpace the Fed in lowering borrowing costs. The big questions on our mind: Will Christine Lagarde, the central bank’s president, signal further cuts at its July and September meetings? The good news: Economists say the era of elevated rates around the world is coming to an end. But they add that sticky inflation will tie central bankers’ hands, limiting their ability to lower borrowing costs much.

Persons: Will Christine Lagarde, Holger Schmieding, DealBook Organizations: European Central Bank, Berenberg Bank Locations: Brussels

☆ European Central Bank set to cut rates for the first time since 2019
▼ + stars: | 2024-06-05 | by ( Annette Weisbach | ) www.cnbc.com time to read: +1 min

President of the European Central Bank (ECB) Christine Lagarde arrives to address a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. FRANKFURT — The European Central Bank this week is set to cut borrowing costs for the euro area for the first time since September 2019. It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared higher. But investors' attention looks like it has already moved on to what will happen after this June cut by the Frankfurt institution. "Judging by the commentary from officials, there is no questioning of the wisdom of cutting rates on 6 June," said Mark Wall, ECB watcher with Deutsche Bank.

Persons: Christine Lagarde, Mark Wall Organizations: European Central Bank, ECB, Deutsche Bank, ECB — Locations: Frankfurt, Germany, FRANKFURT

☆ U.S. Counterterrorism Chief Is Stepping Down
▼ + stars: | 2024-06-05 | by ( Eric Schmitt | More About Eric Schmitt | ) www.nytimes.com time to read: +1 min

The director of the National Counterterrorism Center will step down next month, Biden administration officials said on Wednesday. The director, Christine S. Abizaid, has served three years as the country’s top counterterrorism official. In recent years, a resurgent China and Russia, as well as the wars in Ukraine and in Gaza, have replaced counterterrorism as the country’s main national security priorities. The Islamic State affiliate in Afghanistan, ISIS Khorasan, dramatically demonstrated its expanding reach earlier this year, conducting deadly attacks in Iran and Russia. In addition to supporting Hamas in Gaza, Iran backs extremist groups in Lebanon, Syria, Iraq and Yemen.

Persons: Christine S, Abizaid, Al Qaeda Organizations: National Counterterrorism Center, Biden, Islamic State, ISIS Locations: China, Russia, Ukraine, Gaza, Doha, Qatar, Israel, State, Iraq, Syria, Africa, Afghanistan, ISIS Khorasan, Iran, Lebanon, Yemen

☆ Citadel and BlackRock back project to start a national stock exchange in Texas
▼ + stars: | 2024-06-05 | by ( Christine Wang | In Christinejwang | ) www.cnbc.com time to read: +1 min

The Texas flag is seen before the game between the Houston Cougars and the Texas Longhorns at TDECU Stadium on Oct. 21, 2023 in Houston. BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas. "Texas's booming economy and the strong economic and population growth among states in the southeast quadrant of the U.S. present incredible opportunities for businesses — and ultimately the Texas Stock Exchange," TXSE CEO James Lee said on LinkedIn. TXSE's website said it will be a "fully electronic, national securities exchange that will seek registration with the U.S. Securities and Exchange Commission." The Dallas Morning News reported TXSE will target companies in the "southeastern quadrant of the U.S." In an interview with the newspaper, Lee thanked Texas Gov.

Persons: James Lee, Lee, Greg Abbott Organizations: Houston Cougars, Texas Longhorns, BlackRock, Citadel Securities, Dallas, Texas Stock Exchange, LinkedIn, Street, New York Stock Exchange, Nasdaq, SEC, U.S . Securities, Exchange Commission, Dallas Morning News, Texas Gov Locations: Texas, Houston, U.S

☆ Angel Reese ejected during Chicago Sky’s loss to New York Liberty
▼ + stars: | 2024-06-05 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Chicago Sky rookie Angel Reese was ejected late in the fourth quarter of her team’s 88-75 defeat by the New York Liberty on Tuesday after receiving back-to-back technical fouls. In a post on X, formerly Twitter, Chicago Bulls guard Lonzo Ball seemingly offered to pay Reese’s fine. “Ref that threw out @Reese10Angel is weak btw… You know who you are (Keep ya money Angel I got you),” Ball wrote on X. Reese finished the Commissioner’s Cup game with 13 points and 10 rebounds but shot 25% from the field. Breanna Stewart had a huge game for the Liberty, putting up a game high 33 points to go with 14 rebounds and three assists.

Persons: Angel Reese, Reese, Charles Watson, “, waiving, Marina Mabrey, “ You’ve, Teresa Weatherspoon, ”, Lonzo, Angel, ” Ball, ” Reese, Breanna Stewart, Melissa Tamez, Chennedy Carter, Clark, Billie Jean King, Chris Evert’s, King, Maya Moore, Sheryl Swoopes, Candace Parker, Diana Taurasi, A’ja Wilson, Caitlin, Christine Brennan, we’ve Organizations: CNN, Chicago Sky, New York Liberty, WNBA, Twitter, Chicago Bulls, Liberty, Sky, tennis, USA

☆ The 'promised land' of stable, high-paying jobs for recent grads is falling apart
▼ + stars: | 2024-06-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +10 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Austin Wang, a class-of-2025 computer-science major at Yale University, said students were "scared that engineering roles will be replaced in the future." Handshake found that fewer prospective business graduates were applying to consulting roles and that more were seeking positions in customer relations, marketing, and analytics compared with last year. Handshake's analysis suggested tech job postings geared toward fresh graduates fell by 30% compared with last year. Advertisement"It's quite bad for entry-level jobs in general but even worse for international students," she said.

Persons: —, It's, Goldman Sachs, Morgan Stanley, Austin Wang, Fabrice Coffrini, Beth Hendler, Matthew Park, Anika Nair, Rutgers University . Austin Wang, Anika Nair Yale's Wang, Wang, Amr Alfiky, you'll, Adnan Hussain, Christine Cruzvergara, Richard Carruthers, I've Organizations: Service, Management, Big Tech, National Association of Colleges, Employers, Business, New York Times, Yale University, McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, McKinsey, Getty Images Industry, Yale, Tech, Companies, Ivy League, Rutgers University ., Rutgers University, JPMorgan —, Investment, Citigroup, JPMorgan, Deutsche Bank, Finance, Reuters, National University of Singapore, Imperial College London, KPMG, Deloitte, HSBC, Amazon Web Services Locations: Wall, AFP, Singapore

☆ Jeffrey Epstein victim sues psychiatrist Henry Jarecki for alleged rape, sex trafficking
▼ + stars: | 2024-06-03 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Henry Jarecki, and Christine Corcoran attend the Annual Freedom Award Benefit Event hosted by International Rescue Committee on November 5, 2014 in New York City. A woman who says she was a sexual abuse victim of Jeffrey Epstein filed a lawsuit Monday against the famed psychiatrist, entrepreneur and commodities trader Henry Jarecki, alleging that Jarecki raped and sex trafficked her after Epstein sent her for psychiatric treatment. Epstein allegedly sent Jarecki other young women for the psychiatrist to "treat" confidentially, in order "to avoid unwanted attention on Epstein's sexual abuse of these young women," the suit alleges. The complaint, which refers to the woman as "Jane Doe 11," says Jarecki "repeatedly raped" her beginning in 2011 until December 2014. "Dr. Jarecki never engaged in any abusive conduct with the complainant or any other person," Kedia said.

Persons: Henry Jarecki, Christine Corcoran, Jeffrey Epstein, Jarecki, Epstein, Jane Doe, Brad Edwards, Edwards, David Boies, Sigrid McCawley, JPMorgan Chase, Sarita Kedia, Kedia Organizations: International, Wall Street, CNBC, JPMorgan Locations: New York City, Manhattan, New York

☆ Champions League final: Can Borussia Dortmund halt Real Madrid’s march to 15th European Cup success?
▼ + stars: | 2024-06-01 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —There must be few sights in football more daunting than lining up against Real Madrid in a Champions League final. Simply put: No matter how perilous the position, never count Real Madrid out in the Champions League. Terzić celebrates after Dortmund reached the Champions League final against PSG. “What has made us so strong, especially in the Champions League, is what we can influence. “They haven’t lost in eight Champions League finals in a row.

Persons: Blancos, –, “ We’re, ” Carlo Ancelotti, We’re, we’re, ” Real, Clive Brunskill, Germain, Merengues, Nacho, Joselu, Real’s, “, ” Ancelotti, hadn’t, Die, Bayer, Christine Poujoulat, Edin Terzić, ”, Terzić, “ I’m Organizations: CNN, Real Madrid, Champions League, Liverpool, Milan, Borussia Dortmund, Wembley, Saturday’s Champions League, Bayern Munich, PSG, Atlético, “ Borussia, Paris Saint, Manchester City, RB Leipzig, Bayern, Real, League, ”, Juventus, Dortmund, Bayer Leverkusen, Terzić, Getty Locations: Madrid, Chelsea, Manchester, It’s, ” Dortmund, AFP

Even though it was operational for only about a week, the pier helped deliver some 1,000 metric tons of aid into Gaza before breaking apart. That’s well short of the military’s goal of moving 500 tons of aid per day over the pier. The risks however were deemed too great at the time, with unpredictable winter weather and heavy fighting in Gaza. “We assumed a lot of risk in using a military operation for this purpose,” a second senior administration official added. Deputy Pentagon spokesperson Sabrina Singh emphasized that the solution to aid to Gaza remains the land crossings.

Persons: Joe Biden, ”, Biden, It’s, “, they’re, Christine Wormuth, JLOTS, Nikos Christodoulides, Benjamin Netanyahu, Weeks, ‘, Vedant Patel, Sabrina Singh, Max, ’, don’t Organizations: CNN, White House, US Central Command, Army, “ Army, US, Pentagon, Technologies, Maxar, Trident, US Army Central, Reuters, State Locations: Gaza, West, Israel, Rafah, Australia, Virginia, Haiti, Cyprus, France, “, Ashdod

☆ Trump must 'immediately' schedule a pre-sentence interview with NYC probation. Playing hooky may add to his legal woes.
▼ + stars: | 2024-06-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Advertisement"The clerk of the court will give you instructions on how to go about scheduling that probation interview and getting that probation report," the judge said. But Trump won't do a penitent probation interview — or any at all, Kuby predicted. Advertisement"If he wants to show remorse, then certainly the probation report is a good place to start doing that," he added. During the first part of the interview, Trump would be asked for standard, so-called "pedigree" information — name, aliases, address, profession, marital status, that kind of thing. During the rest of the interview, Trump would be offered the chance to speak about his conviction and make a plea for leniency.

Persons: —, Donald Trump, Juan Merchan, Blanche, Trump, Todd Blanche, Susan Necheles, Emil Bove, Diana Florence, I've, Ron Kuby, Kuby, Merchan, Angel Rodriguez, Rodriguez, Christine Cornell, …, Arnold Levine, He'd, Levine, Florence Organizations: Service, New York City Department, Investigation, Business, Unit, Trump, Attorney's, BI, Avenues, Justice, Legal Aid Society, New, Defense Task Force Locations: New, Merchan's, Manhattan, Florence

☆ Idaho Man in ‘Doomsday’ Killings Is Sentenced to Death
▼ + stars: | 2024-06-01 | by ( Christine Hauser | ) www.nytimes.com time to read: 1 min

An Idaho judge on Saturday sentenced a man to death, two days after he was found guilty of first-degree murder and other charges in the 2019 killings of his first wife and two of his current wife’s children, capping a case that drew scrutiny because of the couple’s “doomsday” religious beliefs. The decision came after jurors took more than a day to deliberate during the special sentencing proceeding in the case against the man, Chad Daybell, 55, in Ada County District Court in Boise, Idaho. Earlier on Saturday, the jury had recommended the death penalty before the judge ordered a short recess to make a final sentencing decision. As the judge, Steven W. Boyce of the Seventh Judicial District, read his decision, Mr. Daybell sat with his hands in his lap, expressionless at the defense table. Defense lawyers did not have any questions when asked by the judge.

Persons: Chad Daybell, Steven W, Boyce, Daybell, expressionless Organizations: Court, Judicial District Locations: Idaho, Ada County, Boise , Idaho

☆ An inside look into Gogoro's cutting-edge battery factory
▼ + stars: | 2024-05-31 | 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 EmailAn inside look into Gogoro's cutting-edge battery factoryGogoro’s founder and CEO, Horace Luke, gives CNBC's Christine Tan exclusive access to the company's "state of the art" battery factory.

Persons: Horace Luke, Christine Tan

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