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☆ Moody's cuts Israel's outlook from 'positive' to 'stable'
▼ + stars: | 2023-04-14 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +2 min

It's another setback for Israel's economy since massive protests broke out across the country last month, due to proposed changes in the judicial system that are widely unpopular among citizens. For now, Moody's left the overall A1 rating in place for Israel, allowing it to stay in the upper end of the investment-grade category. But as a rating slips, a country faces the danger of having to pay higher rates to potential borrowers. What's more, outside investment from the U.S. and Europe is crucial to the health of Israel's economy. In a note issued late Friday afternoon, Moody's wrote: "The change of outlook to stable from positive reflects a deterioration of Israel's governance, as illustrated by the recent events around the government's proposal for overhauling the country's judiciary."

☆ Warren Buffett says bank depositors haven't had a crisis
▼ + stars: | 2023-04-12 | 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 EmailWarren Buffett says bank depositors haven't had a crisisHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Herb Greenberg, Empire Financial Research editor, joins the show to discuss Warren Buffett's comments on the bank crisis fallout.

☆ Louisville to hold vigil as family says shooter had mental health issues
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - Louisville will hold a vigil on Wednesday for those who were killed and wounded in this week's shooting at a downtown bank by an employee who his family said suffered from mental health issues they had been "actively addressing" before his rampage. In a statement released to a TV station in the Kentucky city, the family said there were "never any warning signs or indications he was capable" of carrying out a mass shooting. The station, Fox-affiliated WDRB, provided the statement on its website after receiving it from an attorney for the family on Tuesday evening. The nonprofit group defines a mass shooting as four or more shot or killed, not including the shooter. Police identified the shooter in Louisville as Connor Sturgeon, who was employed at the Old National Bank's downtown branch at the time of the shooting.

[1/2] Police deploy at the scene of a mass shooting outside an Old National Bank branch near Slugger Field baseball stadium in downtown Louisville, Kentucky, U.S. April, 10, 2023. Police identified the shooter in Louisville as Connor Sturgeon, who was employed at the Old National Bank's downtown branch at the time of the shooting. Monday's shooting brought the number of people killed by gun violence in Louisville to 40 in 2023 so far, Louisville Mayor Craig Greenberg said in his remarks at the vigil. The nonprofit group defines a mass shooting as four or more shot or killed, not including the shooter. While mass shootings have become commonplace in the U.S., the shooting stunned the Tennessee city and the country.

☆ 12 Best Gifts for a First-Time Dad
▼ + stars: | 2023-04-11 | by ( ) www.wsj.com time to read: +7 min

Here are 12 of the best first Father’s Day gift ideas. For the stylish dadFew things are more adorable than teeny baby shoes—especially when they’re paired up with a practically identical pair of kicks for Dad to wear as well. For the sentimental dadGo ahead, pull on the heartstrings—a sentimental gift makes perfect sense, especially for an occasion like Father’s Day. The cap comes in 14 color combinations and can even be personalized with a different word or phrase of your choice. “It’ll make a great prop or photo opp, and you can’t have too many cute new parent pictures!” she says.

Persons: Sarah Grossbart, Rachel Simon You, ”, Paul Zahn, they’re, Adidas Stan Smith, Lindsay Roberts Schey, “ it’s, Alison Deyette, Josh McBride, Nick Guy, Steve Greenberg, it’s, Kimberly Wolf, Roberts Schey, Beau, —, Elisabeth Jones, Hennessy, GiftMeChic, Hannah Redmond, “, Comfort, Deyette, ” Wolf Organizations: Polaroid, Adidas Locations: Los Angeles, New York City, Houston, Kiehl’s

☆ 19 Best Gift Ideas for the Dad Who Has Everything
▼ + stars: | 2023-04-06 | by ( ) www.wsj.com time to read: +10 min

To help, we tapped a coterie of expert gift-givers to share the best gifts for dads who have everything. For the dad who loves to relaxFor the dad who’s always moaning about his aching feet, gift him this top-rated foot massager, which uses a mix of Shiatsu, compression and vibration to provide an effective and thorough massage. For the dad who loves to napFor fathers who enjoy an afternoon snooze or have trouble sleeping at night, these wireless sleep headphones are a solid bet. New York City-based Greenberg loves the space-saving aspect. If he’s even “slightly handy,” says Greenberg, he’ll appreciate this addition to his gadget arsenal.

Persons: Sarah Grossbart, Rachel Simon, “, ”, Josh McBride, Bad Birdie, Hannah Redmond, that’s, Steve Greenberg, wouldn’t, Greenberg, I’ve, —, Redmond, Elisabeth Jones, Hennessy, Dad, Alison Deyette, Paul Zahn, won’t, Zahn, ” Greenberg, he’ll, Roberts Schey’s, Francisco Corvi’s, Keys, Roberts Schey, Pam Blondin Organizations: Bluetooth, VR, Scout Locations: New York City, York City, Florida, . New York City, Los Angeles, Argentine, Raleigh, North Carolina

☆ The Trump Indictment Is Far From an Open-and-Shut Case
▼ + stars: | 2023-03-31 | by ( Ethan Greenberg | Sam Braverman | ) www.wsj.com time to read: 1 min

A Manhattan grand jury has reportedly voted to hand up an indictment of Donald Trump. The charge is expected to involve a “hush money” payment made to the pornographic film performer known as Stormy Daniels . If Mr. Trump is charged, it seems likely to be for falsifying business records in violation of New York Penal Law 175.10, a Class E felony punishable by up to four years in state prison. The prosecution will probably claim that Mr. Trump falsified the records of the Trump Organization by falsely characterizing $130,000 paid to Ms. Daniels as a “legal fee” to attorney Michael Cohen . Mr. Cohen pleaded guilty in August 2018 and was sentenced to prison by a federal court.

☆ Bank carnage rages on: President Biden calls for stricter regulation
▼ + stars: | 2023-03-30 | 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 EmailBank carnage rages on: President Biden calls for stricter regulationHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Herb Greenberg, Empire Financial Research; Richard Bove, Odeon Capital Group; Liz Hoffman, Semafor, join the show to discuss whether the bank crisis is over.

☆ On 'Ivy Day,' college hopefuls hear from Harvard, Princeton — but here's the school more students want to attend
▼ + stars: | 2023-03-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowMarch 30 is "Ivy Day," when many Ivy League schools release those long-awaited admissions decisions. The colleges that ranked the highest on students' wish lists are "perennial favorites," according to Robert Franek, The Princeton Review's editor-in-chief. They are also among the most competitive: MIT's acceptance rate is just under 4%; at Harvard, it's about 3%. Coming out of the pandemic, a small group of universities, including many in the Ivy League, have experienced a record-breaking increase in applications this season, according to a report by the Common Application. The report found application volume jumped 30% since the 2019-20 school year, even as enrollment has slumped nationwide.

☆ This dating-simulator game says it'll help prepare your taxes as you play — and criticizes TurboTax as 'predatory'
▼ + stars: | 2023-03-23 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

MSCHF announced a free dating simulator that it says helps prepare your 2022 US federal tax return. The game is scheduled to launch April 4, but its listing on the Steam platform has been removed. A screenshot from MSCHF's "Tax Heaven 3000" website, showing a character description for "Turbo." The dating simulator is scheduled to launch on April 4, but the game's storefront page has been removed from the popular platform Steam. A screenshot from MSCHF's "Tax Heaven 3000" dating simulator.

☆ Flight attendant of 10 years shares top travel tips — from how to switch seats to what happens if you cheat the boarding line
▼ + stars: | 2023-03-23 | by ( Hannah Towey | ) www.businessinsider.com time to read: +7 min

Bribing flight attendants with candy or gift cards won't get you upgraded to first class, he said. Flight attendants have a word for that, according to Henderson, and it's not something you want to be called: "gate lice." "That's one thing I can say about all flight attendants across the board. Moreso than treats, Henderson said flight attendants really appreciate passengers who take the time to thank them at the end of the flight. "Even just so much saying thanks for keeping us safe, or thanks for all you do," he told Insider.

☆ Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still fundamentally believe' nothing was 'wrong with the bank'
▼ + stars: | 2023-03-23 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

SVB was a great partner to all the innovation that's happened in Silicon Valley," Varun Badhwar, CEO and co-founder of Palo Alto, California-based security software startup Endor Labs, tells CNBC Make It. "I still fundamentally believe there was nothing foundationally wrong with the bank." Before the crash, SVB counted nearly half of the country's venture-backed startups as clients, according to its website. CNBC Make It spoke with a group of startup bosses across a variety of industries, all of whom lost access to some, or all, of their company's money during the crash. But as investors' and other founders' attitudes changed throughout the afternoon, he decided to get the company's money out.

☆ Watch CNBC's full interview on Hindenburg's allegations against Block with SVB MoffettNathanson's Lisa Ellis and Empire Financial's Herb Greenberg
▼ + stars: | 2023-03-23 | 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 on Hindenburg's allegations against Block with SVB MoffettNathanson's Lisa Ellis and Empire Financial's Herb GreenbergSVB MoffettNathanson's Lisa Ellis and Herb Greenberg of Empire Financial Research join 'Closing Bell: Overtime' to discuss Hindenburg Research's allegations that Block is engaged in fraud.

☆ Yellen and Powell sent mixed messages today, spooked the markets
▼ + stars: | 2023-03-22 | 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 EmailYellen and Powell sent mixed messages today, spooked the marketsCNBC's Kayla Tausche, Empire Research's Herb Greenberg and Punchbowl News' Jake Sherman joins Brian Sullivan and 'Last Call' to discuss Yellen's comments today on Capitol Hill and the impact they had on markets at the end of the day.

☆ Russia's invasion of Ukraine has had wide-reaching effects, including trade and partnerships in Egypt
▼ + stars: | 2023-03-21 | by ( Sponsor Post | Created Insider Studios With Fcdo | ) www.businessinsider.com time to read: +6 min

The Russian invasion of Ukraine has damaged partnerships and trade agreements around the globe. For Egypt, this has meant the country must seek new trade routes and reinforce existing partnerships with Europe and the US. Russia's invasion of Ukraine has presented Egypt with complex diplomatic challenges. Bilateral trade between the US and Egypt, at $9.1 billion in 2021, is also almost double the volume of Egypt's trade with Russia. A year on from the full-scale invasion of Ukraine, Western economic partnerships with Egypt are only likely to grow in importance.

☆ Russia's war in Ukraine is affecting countries around the world. Here's how ordinary Egyptians are feeling the consequences.
▼ + stars: | 2023-03-21 | by ( Sponsor Post | Created Insider Studios With Fcdo | ) www.businessinsider.com time to read: +6 min

Russia's illegal invasion of Ukraine has led to spiraling food prices worldwide, including in Egypt. Egyptians are paying a heavy price for Russia's war in Ukraine. Before the war, Ukraine and Russia typically supplied 85% of Egypt's wheat imports. These are not the only actions taken to mitigate the economic impact of Russia's invasion of Ukraine. Russia's war in Ukraine has triggered one of the country's most severe domestic crises.

☆ Foot Locker touts a renewed partnership with Nike — but it still won't get the hottest sneaker releases
▼ + stars: | 2023-03-20 | by ( Matthew Kish | Danni Santana | ) www.businessinsider.com time to read: +4 min

Even so, don't expect to see more of the hottest Nikes and Jordans at Foot Locker stores. The Foot Locker CEO, sporting gold Nike Air Max 97 sneakers, announced a renewed partnership with Nike at the company's investor day, addressing one of the core analyst questions facing the sneaker retailer. Mary Dillon started as Foot Locker CEO in September. Mary DillonSpeculation had been building about Foot Locker and Nike working more closely together again since December when Nike CEO John Donahoe mentioned spending time with Dillon on a Nike earnings call. As part of its new strategy, Foot Locker wants to double sales of non-Nike brands, such as Hoka On, and Crocs by 2026.

☆ We're in the middle of the banking crisis, says Odeon's Dick Bove
▼ + stars: | 2023-03-17 | 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 EmailWe're in the middle of the banking crisis, says Odeon's Dick BoveDick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.

☆ Why haven't we heard from the VCs who were so close to this bank? asks Herb Greenberg
▼ + stars: | 2023-03-13 | 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 EmailWhy haven't we heard from the VCs who were so close to this bank? asks Herb GreenbergAdam Singolda of Taboola and CNBC Contributor Herb Greenberg join Brian Sullivan to debate the failure of Silicon Valley Bank and what can be done to prevent such collapses in the future.

☆ SVB execs sell stock ahead of collapse as part of a pre-planned program
▼ + stars: | 2023-03-10 | by ( Hugh Son | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSVB execs sell stock ahead of collapse as part of a pre-planned programCNBC Contributor Herb Greenberg joins CNBC's Deirdre Bosa, Hugh Son and Brian Sullivan on 'Last Call' to discuss today's closure of Silicon Valley Bank and what it means to tech companies and the economy.

☆ Flight attendants say it's okay to recline your seat on a plane, but there's one thing you should never do
▼ + stars: | 2023-03-08 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

But if there's anybody who can settle the age-old debate, it's flight attendants. Five out of six flight attendants interviewed by Insider all agree: you have the right to recline. "It's definitely not rude to recline your seat," flight attendant Andrew Kothlow of the blog "Two Guys on a Plane" told Insider. "In first class reclining your seat isn't so rude because there's space to recline, but reclining in the main cabin of the plane is," the flight attendant told Insider. Jeffrey Greenberg/Universal Images Group via Getty ImagesBut the passenger etiquette the flight attendants demonstrated more concern toward was their boldly bare-footed customers — and for good reason.

☆ Lawyers, lies and a housewife: American Greed goes inside the story of Tom Girardi
▼ + stars: | 2023-03-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Personal injury attorney Tom Girardi is a legal legend and courtroom shark. He says he's a champion for the little guy, winning hundreds of millions in settlements for widows, orphans and scores of vulnerable victims. Today, Girardi is facing hundreds of millions of dollars in lawsuits alleging fraud, and his famous namesake law firm has gone bankrupt. Also, Erika had no control over Tom Girardi's firm or finances. Erika turned over her earnings to her husband and his law firm, who handled all finances along with outside accountants."

☆ The medical 'heroes' who help save the lives of kidney-dialysis patients when massive storms hit the US
▼ + stars: | 2023-03-05 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +9 min

One in 500 Americans is on kidney dialysis. The hurricane meant that she could not get kidney dialysis for seven days. Like many dialysis patients, Brigham needed treatment every three days to replace the function of normal kidneys. Dialysis patients need their blood cleared through this procedure. We take other providers' patients, we take hospital patients, they take ours, we share supplies, we share generators, we share water," Dittrich said.

☆ Major fears are sweeping into Israel's economy
▼ + stars: | 2023-03-02 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +4 min

Picture Alliance | Picture Alliance | Getty ImagesNew concerns about Israel's economy are leading global investors to question the money they have in the country. The law would alter Israel's judicial system by giving sitting governments full control of judicial appointments. A drop in Israel's credit rating would increase the cost of borrowing and hurt fundraising. A major part of the Israeli economy is tied to the value of the Israel shekel against the U.S. dollar. That in turn hurt critical parts of Israel's economy including real estate, as companies and individual citizens moved their money into U.S. dollars or other currencies.

☆ Paramount Turned Down $3 Billion-Plus Offer for Showtime From Former Executive
▼ + stars: | 2023-02-28 | by ( Jessica Toonkel | ) www.wsj.com time to read: 1 min

Former Paramount Global executive David Nevins offered to buy Showtime for more than $3 billion in recent weeks but was turned down by Paramount executives, according to people familiar with the situation. Mr. Nevins’s approach, which was backed by private-equity firm General Atlantic, was the latest in a number of offers Paramount has received over the past few years for Showtime, people familiar with the matter said. Other suitors included Mark Greenberg, another former Showtime executive who most recently ran the premium network Epix, and Lions Gate Entertainment Corp., some of the people said.

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