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☆ No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
▼ + stars: | 2024-08-23 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Riyadh, Saudi Arabia. The fund's investments in domestic infrastructure and real estate development grew 15% year-on-year to 233 billion riyals, while its foreign investments increased 14% to 586 billion riyals. The days of viewing Saudi Arabia as a mere financial reservoir are ending," Tarik Solomon, chairman emeritus at the American Chamber of Commerce in Saudi Arabia, told CNBC. watch nowSaudi Arabia's recently-updated Investment Law seeks to attract more foreign investment as well — and it's set itself a lofty goal of $100 billion in annual foreign direct investment by 2030. Spurring greater foreign buy-in "should also ease the burden that has recently been placed on the Public Investment Fund to offset the weaker foreign investment into the Kingdom," he added.

Persons: Tarik Solomon, —, Solomon, James Swanston, We've, Swanston Organizations: Getty Images, Public Investment Fund, Saudi, American Chamber of Commerce, CNBC, Eastern, Saudi Arabia's, Gulf, Capital Economics Locations: Riyadh, Saudi Arabia, Getty Images Saudi Arabia, Saudi, James Swanston , Middle East, Africa

☆ DNA analysis of Jamestown burials reveals governor’s family scandal
▼ + stars: | 2024-08-23 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

Recently, DNA analysis of two skeletons from unmarked graves in a Jamestown church revealed that both people were related to West. That connection led researchers to documents proving that one of the men — Captain William West — was illegitimate, born to Thomas West’s spinster aunt, Elizabeth. An X-ray scan (left) of the spangled military sash fringed in silver (right) found in the grave of Captain William West. Jamestown Rediscovery Foundation (Preservation Virginia)Unmarked burials in colonial JamestownResearchers found four unmarked graves at Jamestown in 2014, in an Anglican church that the colonists used from about 1608 to 1616. MPI/Archive Photos/Getty ImagesWhile there wasn’t enough DNA to show immediate family ties, Wenman and Captain West both shared the haplogroup H10e.

Persons: Thomas West, Captain William West —, Thomas West’s, Elizabeth, Captain West, James Fort, ”, Christine Lee, Lee, Captain William West, Sir Ferdinando Wenman, —, Kari Bruwelheid, ” Bruwelheid, Éadaoin Harney, William West’s, ’, Ferdinando Wenman’s, ” Harney, West’s, Mary Blount, West “, West, Governor Thomas West, Ferdinando Wenman, Michael Lavin, ” Lavin, ” Mindy Weisberger Organizations: CNN, Jamestown Rediscovery, Preservation, University of Mississippi, spangled, Jamestown, Smithsonian National Museum of, Harvard University, MPI, Governor, Jamestown Rediscovery Foundation, Scientific Locations: Jamestown , Virginia, Jamestown, England, Preservation Virginia, Wenman, West, Washington ,, North America

☆ 'The Crow' reboot was 16 years in the making. It's finally out, and critics say it's 'tedious' and 'unfathomably awful.'
▼ + stars: | 2024-08-23 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewIt took 16 years to make "The Crow" reboot, but now it's finally out, critics say the Bill Skarsgård-fronted comic book movie is "repulsive" and "unfathomably awful." "The Crow" was finally released on Thursday, and the reviews are terrible. The Guardian's Benjamin Lee described the reboot as "unfathomably awful," and criticized Skarsgård and Twigs' performance. However, that isn't always the case — especially for comic book movies. AdvertisementUnfortunately, "The Crow" appears to fall into that category rather than reaching the heights of the beloved 1994 movie.

Persons: —, it's, Skarsgård, Eric Draven, Shelly, It's, James O'Barr's, Brandon Lee, Draven, Jason Momoa, Luke Evans, Bradley Cooper, Eric, Kirsty Puchko, David Rooney, Witney Seibold, Benjamin Lee, Christopher Nolan's, isn't Organizations: Service, Business, Lionsgate, Hollywood, Witney Locations: Hollywood

☆ Market is 'getting ahead of itself' by pricing in aggressive cuts, says Raymond James' Orton
▼ + stars: | 2024-08-23 | 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 EmailMarket is 'getting ahead of itself' by pricing in aggressive cuts, says Raymond James' OrtonMatt Orton, chief market strategist at Raymond James Investment Management, joins CNBC's 'The Exchange' to discuss why he's not seeing weakness in the labor market, why this means the market may not be pricing in rate cuts correctly, and more.

Persons: Raymond James, Orton Matt Orton Organizations: Raymond James Investment Management

☆ Harry Potter didn't 'save the world' at the end of the series, and the last sentence of the book is proof
▼ + stars: | 2024-08-23 | by ( Indira Martinez | ) www.businessinsider.com time to read: +4 min

Read previewHarry Potter is lauded as the brave and successful hero of his titular fantasy series, but what actually changed after he defeated Voldemort? The real evils plaguing the Wizarding World cut deeper than one powerful villain. And based on Harry's thoughts right after the Battle of Hogwarts, his actions didn't get to the root of the issue. In the Wizarding World, house-elves are imprisoned and forced to do manual labor despite the fact that wizards could easily accomplish those tasks using, you know, magic. Unsurprisingly, 19 years later, wizard supremacy is alive and wellThe "Harry Potter" series ends with a flash-forward to 19 years later.

Persons: —, Harry Potter, Voldemort, didn't, Hallows, Harry, Voldemort didn't, Riddle, Salazar Slytherin, Hogwarts, Voldemort wasn't, Grindelwald, Albus, Ron, nonchalantly, it's, they're, James Potter Organizations: Service, Business, Brethren, Ministry of Magic, Warner Bros, Hogwarts Locations: —, Hogwarts

☆ Mike Lynch won a dramatic 12-year legal battle over his tech company. Weeks later, he and his top lawyer are dead.
▼ + stars: | 2024-08-22 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion. Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales. "This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig.

Persons: —, Mike Lynch, Bill Gates, Lynch, Sushovan Hussain, Stephen Chamberlain, Chamberlain, Chris Morvillo, Léo Apotheker, Apotheker, Meg Whitman, James B, Stewart, Time Warner, Bryn Colton, Hussain, hadn't, Henry Nicholls, David Cameron, Cameron, Lynch —, Whitman, Apotheker's, Robert Hildyard, Hildyard hadn't, wasn't, that'd, Guglielmo Mangiapane Morvillo, Morvillo, Brian Heberlig, Angela Bacares, Hannah, Charles Morvillo Organizations: Service, Autonomy, Hewlett, Packard, HP, Business, Cambridge University, Cambridge, Oracle, Adobe, Cisco, Shareholders, New York Times, Time, FBI, Deloitte, Telegraph, The New York Times, KPMG, US Justice Department, Justice Department, High Court, REUTERS, BBC, British Museum, Politico, The Times, Times, Bacares Locations: San Francisco, London, California, Kenya, Sicily

☆ A judge who overturned a $72 million verdict against Boeing disclosed he bought and sold Boeing stock while hearing the case — but says his wife's IRA was to blame
▼ + stars: | 2024-08-21 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

Judge James Robart told Business Insider a bank that managed his wife's individual retirement account purchased Boeing stock in April 2023. He said as soon as he learned about it, he had the stocks sold; his financial disclosures said the shares were sold on two dates in May and June. Based on the prices that Boeing shares traded at on the days her IRA bought and sold the shares, at least one of the two sales was a money-loser, while the second could have been profitable. He and his family disposed of their Boeing shares more than a year before that decision. The amount of Boeing stock traded isn't much compared with Robart's total wealth.

Persons: —, Judge James Robart, Robart, it's, Clarence Thomas, Sonia Sotomayor's, Zunum, Bill Hodes, Gabe Roth, Roth, Charles Schwab, hasn't Organizations: Service, Boeing, Business, BI, Supreme, Street Journal Locations: Seattle

☆ NFL Draft 2025 Big Board: Will Johnson, Abdul Carter lead Dane Brugler’s initial top 50
▼ + stars: | 2024-08-21 | by ( Dane Brugler | ) www.nytimes.com time to read: +46 min

Position CB CB/WR DT Edge LB OT QB RB S TE WR iOL Class Jr. R-Jr. R-So. Photo: Jonathan Bachman / Getty Images OT Jr. 11 Benjamin Morrison CB Notre Dame Height: 6-0 Weight: 186 Class: Jr. Photo: Tim Warner / Getty Images CB Sr. 42 Barrett Carter LB Clemson Height: 6-0 Weight: 234 Class: Sr. Photo: Kevin C. Cox / Getty Images WR Jr. 50 Drew Allar QB Penn State Height: 6-4 Weight: 230 Class: Jr. Photo: Joe Robbins / Icon Sportswire via Getty Images QB Jr.(Illustration: John Bradford / The Athletic; Photos of Carson Beck, Will Johnson and Travis Hunter: Rich von Biberstein / Icon Sportswire via Getty Images; Gregory Shamus, Ryan Kang / Getty Images)

Persons: Will, Johnson, “ can’t, Devon Witherspoon, Derek Stingley Jr, Sauce Gardner, Thomas Shea, Abdul Carter, LaVar Arrington, NaVorro Bowman, Micah Parsons, Carter, Tom Allen, Scott Taetsch, Travis Hunter, Hunter, Deion Sanders, Ron Chenoy, Jr, Mason Graham, Graham, NFL hasn’t, Quinnen Williams, Williams, Bailey, James Pearce Jr, Pearce, Pierce, —, Donald Page, Tetairoa McMillan, McMillan, Malik Nabers, Rome Odunze, Jedd Fisch, Noah Fifita, Ivan Pierre Aguirre, Luther Burden, Burden, Theo Wease, Brady Cook, Johnnie Izquierdo, Carson Beck, Beck, Stetson Bennett, Brock Bowers, Matt Ryan, Megan Briggs, Starks, Bo Nix, hasn’t, Jamal Adams, Kim Klement Neitzel, Will Campbell, Campbell, Jonathan Bachman, Benjamin Morrison, Morrison, Darryl, Morrison’s, Matt Cashore, Shavon Revel Jr, Revel, wasn’t, Scott W . Grau, Emery Jones Jr, Joe Alt, Blake Fisher, Troy Fautanu, Roger Rosengarten, Caedan Wallace, Jones, Jones wasn’t, Julio Aguilar, Williams hasn’t, Travon Walker, ”, Jeff Blake, Edge, Kelvin Banks Jr, Banks, Steve Sarkisian, Bijan Robinson, Jonathon Brooks, Xavier Worthy, Adonai Mitchell, Nick Tre . Smith, Tyleik Williams, Joseph Maiorana, Deone Walker, Walker, Joe Robbins, Shedeur Sanders, Sandersmania, Sanders, Eli, Manning, “, Sr, Nic Scourton Edge, Scourton, Jeff Brohm, Zach Bolinger, Harold Perkins Jr, Perkins, Brian Kelly, Blake Baker, Baker, who’s, David Rosenblum, Colston, McCarthy, Sherrone Moore, Aaron J, Thornton, Jonah Savaiinaea, Savaiinaea’s, Savaiinaea, Louis, Kevin Langley, Quinn Ewers, Ewers, Ewers wasn’t, Ron Jenkins, Conner Weigman, Weigman, Jimbo Fisher’s, Fisher, Bobby Petrino, Collin Klein, Mike Elko, Maria Lysaker, Jeanty, Chris Williams, Ersery, isn’t, Jason Mowry, JT Tuimoloau, Tuimoloau, Matthew Visinsky, Lander Barton, Barton, Morgan Scalley, Cody, Jackson, Lander, Chris Gardner, Patrick Payton, Payton, Jermaine Johnson, Jared, Isaiah Vazquez, Kenneth Grant, Grant wasn’t, Grant, Troy Taormina, Mansoor Delane, Dorian Strong, Rich Schultz, Maxwell Hairston, Andru Phillips, Kentucky’s, Phillips, Hairston, Carly Mackler, Egbuka, Stroud, Marvin Harrison Jr, Garrett Wilson, Chris Olave, Rick Osentoski, Denzel, Burke, Tim Heitman, Ollie Gordon II, Gordon, Barry Sanders, Brian Bahr, QB Drake Maye, Rich von Biberstein, Ayomanor, Henderson, Danny Stutsman, Stutsman, Lincoln Riley, Brent Venables, Landon Jackson, Preston Smith, Petre Thomas, Jalon Walker, it’s, Quay Walker, Nolan Smith, Perry McIntyre, Jahdae Barron, Barron, Barron doesn’t, Tim Warner, Barrett Carter, Kirby Smart, Dabo Swinney’s, Ken Ruinard, Isaiah Bond, Bond, Jalen Milroe, Kevin C, Cox, Walter Nolen, Nolen, Ole Miss, Jack Sawyer, Sawyer, Dylan Buell, Darrell Jackson Jr, Don Juan Moore, Sam Brown, Cam Ward, Damien Martinez, Brown, Ken Murray, Deion Burks, Burks, Evan Stewart WR, Stewart, Dillon Gabriel, Drew Allar, Allar, Sean Clifford, Allar’s, Will Levis, John Bradford, Will Johnson, Gregory Shamus, Ryan Kang Organizations: NFL, Edge, Will Johnson, Michigan, Wolverines, Detroit, Washington, USA, Abdul Carter Edge, Penn, Indiana, Nittany Lions, Parsons, FCS Jackson State, FBS, Stanford, School, UCLA, Getty, SEC, Arizona, Missouri, Tigers, Bulldogs, Oregon, LSU, Benjamin Morrison CB Notre Dame, Notre Dame, CB, Carolina, Louisburg College, Getty Images, Penn State, Baton, NC, Longhorns, Cass Tech High School, Buffs, Nic Scourton Edge Texas, College, Purdue, Boilermakers, Colston Loveland, St, Wildcats, College Football, Texas, Aggies, Kansas State, Ashton Jeanty, Boise State, Gophers, JT Tuimoloau Edge, Utes, Utah, Patrick Payton Edge, Miami Northwestern, Seminoles, Florida State, Mansoor Delane CB Virginia, Hokies, Virginia Tech, Giants, Buckeyes, Buckeye, Denzel Burke CB, Ollie Gordon II RB, Oklahoma State, Hampton RB, Appalachian State, ACC, Hampton, America, Alabama, Clemson, Tide, Ole Miss, Jack Sawyer Edge, Ohio State, Maryland, Terps, Miami, Hurricanes, West, Houston, Cougars, Sooners, — Penn State Locations: Michigan, Colorado, Servite, Calif, North Carolina, Tennessee, Georgia , Missouri , Texas, Rome, Arizona, Washington, Oklahoma, Georgia, Theo Wease , Missouri, Athens, USA, Louisiana, Alabama , Michigan, Oregon, Winston, Salem, East Carolina, Baton Rouge, Austin, Texas, Ohio, Columbus, Detroit, Alabama, Kentucky, Lexington, Dollaz, Colston Loveland TE, Gooding , Idaho, Loveland, Ann Arbor, American Samoa, Honolulu, College, Boise, Kansas City, JT Tuimoloau Edge Ohio, Utah, Patrick Payton Edge Florida, Miami, C.J, Fort Worth , Texas, Canada, Massachusetts, Notre Dame , Tennessee, Palo Alto, Lincoln Riley and Oklahoma, Alabama’s, But Texas, Jack Sawyer Edge Ohio, Florida, Savannah, Ga, West Virginia

☆ New Realtor Rules Will End Casual House Hunting, Change Homebuying
▼ + stars: | 2024-08-19 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

They'll hand 5%, or $25,000, to their agent, who then gives half, or $12,500, to the buyer's agent. They also feared that buyers' agents might "steer" clients away from homes that dared to offer less than the going rate. But in order to keep using the MLS, buyers' agents will have to abide by another rule that will further upend the old way of doing things. In the old days, a seller might have unthinkingly offered a commission of 2% or even 3% to the buyer's agent. The idea that sellers pay both agents' commissions has always been a clever sleight of hand.

Persons: they'll, didn't, Laura Ellis, they'd, Sellers, Tanya Monestier, Monestier, Ellis Organizations: Realtors, Baird & Warner, MLS, National Association of Realtors, NAR, Consumer Federation of America, California Association of Realtors, CFA, University at Buffalo Locations: Chicago, America, California

☆ Taylor Swift can absolutely sue Trump over the fake endorsement images he reposted. Winning a lawsuit might be harder.
▼ + stars: | 2024-08-19 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Read previewShould Taylor Swift sue Donald Trump or just shake it off? "Swift could sue Trump and those who misappropriated her likeness by creating AI-generated images," Neama Rahmani, the president and a cofounder of West Coast Trial Lawyers, said. "So I wouldn't be surprised if they send the Trump campaign a cease-and-desist letter at a minimum," Rahmani said. Firmly in the "sue Trump" camp is James Walker Jr., a veteran entertainment attorney from Atlanta who reps the estate of Isaac Hayes. Swift would need to prove that the Trump campaign sent these images out with intent to deceive voters."

Persons: —, Taylor Swift, Donald Trump, Trump, Swift, Taylor, deepfakes, Scarlett Johansson, lawyered, Rahmani, Harry Surden, Surden, Harris, James Walker Jr, Isaac Hayes, Walker, Aretha Franklin, I've, Paul Michael Wilson, Wilson, Jessica Litman, Litman, Mark Bartholomew, Bartholomew, Juan Perla, Curtis, Mallet, Prevost, Perla, Celine Dion, Vance, Johansson Organizations: Service, Business, Trump, West, Trial, University of Colorado, Biden, Walker & Associates, University of Michigan, University at Buffalo, ELVIS, Colt Locations: University of Colorado Boulder, Atlanta, Hayes, Tennessee, York

☆ Disney has a price problem. It has ambitious plans to fix that
▼ + stars: | 2024-08-16 | by ( Natasha Chen | ) edition.cnn.com time to read: +11 min

“With 2025 also being the opening of Universal’s Epic Universe, there will likely also be negative impacts on Walt Disney World attendance. Still, the price of Disney tickets today compared to past years prices out some families. The grievance from the fan community is that this used to be free at Disney parks. Transportation from the Orlando airport to Disney World property also used to be included for Disney hotel guests, but that service has been discontinued. Munsil said the Disney parks are “expensive, yes, but there’s nothing else on Earth like them.”

Persons: CNN —, Raymond James, Hugh Johnston, Josh D’Amaro, ” D’Amaro, D’Amaro, ”, “, Gary Hershorn, Tom Bricker, ” Bricker, Bricker, Don Munsil, Munsil, Mindy Marzec, ” Munsil, Victoria Wade, ” Wade, Wade Organizations: CNN, CNN — Disney, Disney, Walt Disney Parks and Resorts, Pixar, Corbis, “, Walt Disney, Walt Disney World, “ Star, Busch, Transportation, Food, Disney Food, Magic, Universal Studios, Magic Kingdom Locations: Orlando, Anaheim , California, Wakanda, California, Florida

☆ 2.9 billion people may have had Social Security numbers, other financial data compromised. What it means for you
▼ + stars: | 2024-08-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Sakorn Sukkasemsakorn | Istock | Getty ImagesAbout 2.9 billion people may have had their personal information hacked, a new proposed class-action lawsuit alleges. If true, reports suggest all Americans may have had valuable personal information compromised — including full names, current and past addresses, Social Security numbers and information on parents, siblings and other relatives. In 2013, a Yahoo data breach may have hit all the company's accounts, or a total of 3 billion people. "Freezing your credit is the single most important thing you can do when you get a data breach notice," Lee said. While freezing your credit will limit access to your credit reports, it won't block it completely.

Persons: Sakorn, Cliff Steinhauer, James E, Lee, Steinhauer, I'd, haven't, We've, it's, It's Organizations: Istock, Public Data, Jerico Pictures Inc, Jerico, CNBC, National Cybersecurity Alliance, Theft Resource, Social Security, Finance Locations: U.S

☆ Bones discovered in Spanish cave likely belong to famed priest who created popular pilgrimage
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Remains found in a tomb in northwestern Spain are likely to belong to a ninth-century bishop believed to have helped create the Camino de Santiago, one of Christianity’s most popular pilgrimages, a new study has found. News of the discovery reached King Alfonso II of the neighboring region of Asturias, who marched with his court from Oviedo to Santiago. The 90 mile royal pilgrimage established what is today known as the “Primitive Way”, the oldest path used by pilgrims of the Camino, or Way of St. James. Theodomir’s existence had been hotly debated until 1955, when Spanish archaeologist Manuel Chamoso Lamas discovered a tombstone underneath Santiago de Compostela’s cathedral inscribed with his name. Perez-Ramallo told El Pais newspaper that there was a “98% likelihood of it being Theodomir.”

Persons: Bishop Theodomir, Theodomir, James the, King Alfonso II, James, Manuel Chamoso Lamas, Patxi Perez, Perez, Ramallo, ” Organizations: Norwegian University of Science, Technology, El Pais Locations: Spain, Santiago, Santiago de Compostela, Galicia, Asturias, Oviedo, Spanish

☆ Sudan conflict: North Sudan’s remaining hospital risks closure as deadly civil war intensifies
▼ + stars: | 2024-08-14 | by ( Caitlin Danaher | ) edition.cnn.com time to read: +2 min

CNN —The last operating public hospital in Sudan’s North Darfur state is at risk of closure, Doctors Without Borders (MSF) warned Wednesday, amid fierce fighting between the country’s rival military factions that have left more than 18,000 people dead and 33,000 injured. Civil war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) broke out in April last year and has intensified in El Fasher, the North Darfur capital, since May when the paramilitary RSF group encircled the city. The MSF-supported Saudi Hospital in El Fasher has suffered extensive damage following the continued bombardment of the city over the last week, leaving it barely functional, MSF said. “Sunday’s attack on Saudi Hospital – which is the largest hospital in North Darfur state – makes it crystal clear that the warring parties are making no efforts to protect health facilities or the civilians inside them. “This month’s determination of famine in one part of Sudan risks spreading and leading to a catastrophic loss of children’s lives,” the spokesman said.

Persons: “, ” Michel Olivier Lacharité, El Fasher, James Elder, ” Elder, Elder Organizations: CNN, Sudanese Armed Forces, SAF, Rapid Support Forces, MSF, Saudi Hospital, Saudi, UNICEF Locations: Sudan’s North Darfur, El Fasher, North Darfur, Sudan

☆ How David Zaslav can save Warner Bros. Discovery as the cable bundle collapses, according to a top media analyst
▼ + stars: | 2024-08-14 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

AdvertisementThose moves show just how rapidly the cable TV business is unraveling. WBD's direct-to-consumer segment still loses money, and its streaming revenue actually declined 6% from last year — even though Max added 3.7 million subscribers. WBD added 3.9 million streaming subscribers abroad last quarter, thanks to its rollout across Europe ahead of the Olympics, which the company broadcasts outside the US. If that service attracts enough cord-cutters, it could help stop the bleeding in WBD's fast-declining pay TV business in a best-case scenario. Join forces with other media firmsAdvertisementAlthough WBD is struggling as the pay-TV business shrinks, the silver lining is that it's not alone.

Persons: —, David Zaslav, Patience, WBD wasn't, Max, Fox —, Tim Nollen, WBD, Nollen, Venu, NBA would've, it's Organizations: Service, Warner Bros, Business, Paramount, Macquarie Research, Disney, NBA, Comcast's NBC, MLB, NHL, TNT, TBS, Max, Hulu Locations: WBD, Europe, Latin America

☆ Real Estate Status Symbol: New Home From Your Favorite Luxury Brand
▼ + stars: | 2024-08-14 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

This spring, the company unveiled plans for Pagani Residences, a 70-unit condo development in Miami's North Bay Village. Beyond automakers, there's a growing list of luxury brands hoping to use real estate to turn their cultural cachet into cold, hard cash. New York's five-star Sherry-Netherland Hotel began welcoming long-term residents almost a century ago, and since then roughly 700 branded residences have graced skylines around the world. But when it comes to branded residences, there are real selling points for buyers. The Elle project may seem out of left field, but Itani told me he's talking with another publication interested in making similar inroads.

Persons: carmaker Pagani, Pagani, Carlo Dipasquale, Aston Martin, Carbone, Gabbana, Elle, Sherry, we've, that's, Itani, Drake, Giorgio Armani, aren't, Brand, They're, they're, Laura Steinbruckner, Ferrari, Rob Sykes, WATG, hadn't, Cipriani, they've Organizations: Pagani Residences, Mercedes, Benz, Porsche, Bentley, Global, Condo, Brands, Carlton, Nobu, Peruvian, Armani Casa, South Florida —, Villa Miami, Major Food Group, Gabbana, Hilton, Fiat, Apple Locations: Bay, South Florida, Miami, Miami Beach, Dubai, London, New York, Netherland, Spain, Toronto, homebuilding, Plenty, Villa

☆ US Open wildcards: Former champions Dominic Thiem, Naomi Osaka, Stan Wawrinka headline
▼ + stars: | 2024-08-14 | by ( James Hansen | ) www.nytimes.com time to read: +2 min

The US Open has announced its singles wildcards for 2024, led by former champions Dominic Thiem, Naomi Osaka, Stan Wawrinka, and Bianca Andreescu. Thiem won the tournament in 2020, beating Germany’s Alexander Zverev in the eerie surrounds of an empty Arthur Ashe stadium during the Covid-19 pandemic. Wawrinka, who beat Novak Djokovic to win the 2016 edition, is currently ranked No 141. Osaka is currently world No 90, with Andreescu world No 166. GO DEEPER Naomi Osaka, The Comeback Interview: A tale of pregnancy, fear and a ballerinaOf the home hopes, Tien and Anisimova stand out.

Persons: Dominic Thiem, Naomi Osaka, Stan Wawrinka, Bianca Andreescu, Chris Eubanks, Zachary Svajda, Matthew Forbes, McCartney Kessler, Amanda Anisimova, Alexa Noel, Iva Jovic, Chloe Paquet, Taylah Preston, Alexandre Muller, Tristan Schoolkate, Thiem, Germany’s Alexander Zverev, Arthur Ashe, Wawrinka, Novak Djokovic, Serena Williams, Williams, Tien, Jessica Pegula, Billie Jean King, Coco Gauff Organizations: Thiem, Japan’s Osaka, Canada’s, French, Challenger, ITF, WTA, Billie Jean King National Tennis Centre Locations: Vienna, Osaka, Tien, Toronto, Flushing Meadows

☆ Harris' campaign is transforming big crowds into volunteers on the ground in key swing states
▼ + stars: | 2024-08-13 | by ( Yamiche Alcindor | Yamiche Alcindor Is An Nbc News Washington Correspondent. | ) www.nbcnews.com time to read: +5 min

“We have this very organic, very real, very palpable energy from people that want to support the ticket,” said Dan Kanninen, the Harris campaign’s battleground states director. Last week in Nevada, 1,000 of the 5,010 volunteer sign-ups were for the next day to join a series of weekly events the campaign holds on Sundays, a campaign official said. The campaign official said the burst of sign-ups made Sunday the biggest day yet for the weekly series. Harris’ campaign sees the moment of enthusiasm as one to build on, not squander. Rep. Lisa Blunt Rochester, D-Del., a national co-chair of the Harris campaign, also said the campaign has always had a plan to keep fighting until Election Day.

Persons: WASHINGTON, Kamala Harris ’, Harris, Tim Walz, crisscrossed, ”, Dan Kanninen, “, we’re, Joe Biden, they’ll, Kanninen, Obama, “ We’ll, Donald Trump, Trump, Harris ’, Biden, James Clyburn, Walz, Lisa Blunt Rochester, We’ve, … I’m Organizations: Democratic, Minnesota Gov, NBC News, ”, Republicans Locations: Nevada, In Wisconsin, Detroit, Pennsylvania, Wisconsin , Michigan, Georgia, Arizona , Nevada, North Carolina, Florida, Ohio

Trump’s allies are also publicly making their pitch for him to refocus his attention on the race. “You’ve always got to be assessing the state of the race, and I would like to see more offense from the Trump campaign. On a swing of battleground states last week, Harris and her new running mate were greeted by a groundswell of supporters at each stop. "This was a TRUMP idea — She has no ideas, she can only steal from me," Trump wrote on Truth Social. In an appearance on Real America’s Voice last week, Trump’s political director, James Blair, made the case that it is a state-by-state race.

Persons: Donald Trump, Kamala Harris, Trump, ”, ” Trump's, “, Harris, Joe Biden's, Brian Kemp, Kevin McCarthy, “ You’ve, ” McCarthy, Tim Sheehy, Dan Eberhart, —, Biden, ” Trump, outpacing Harris, ” Karoline Leavitt, Trump’s, Walz, David Lee, Chris Grant, James Blair Organizations: Republican, Trump, NBC News, Fox News, Montana, Democrat, ”, Mar, Biden, ABC, Harris, Privately, CNBC, Democratic, “, Labor, MAGA Inc, Politico, Real America’s Voice Locations: Georgia, Bozeman, Asheville , North Carolina, Pennsylvania, Florida, Las Vegas, Arizona, Michigan , Wisconsin , Nevada, North Carolina

☆ Raymond James' Travis McCourt says he's bracing for 'the third unwind' in the consumer
▼ + stars: | 2024-08-13 | 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 EmailRaymond James' Travis McCourt says he's bracing for 'the third unwind' in the consumerTravis McCourt, Raymond James institutional equity strategist, joins 'The Exchange' to discuss the markets as he anticipates a third unwind coming for the markets.

Persons: Raymond James, Travis McCourt

☆ W.N.B.A. Star Takes Over Voting Organization Started by LeBron James
▼ + stars: | 2024-08-13 | by ( Tania Ganguli | ) www.nytimes.com time to read: +1 min

More Than a Vote, a nonprofit organization founded by LeBron James in 2020, is rebooting this fall with a new focus on women’s issues and reproductive rights. Nneka Ogwumike, a nine-time W.N.B.A. All-Star with the Seattle Storm and president of the players union, will take over James’s role in leading the organization, and has recruited a group of female athletes to her cause. “It’s more than just abortion,” Ogwumike said in an interview. “It’s all about educating people about all the different roles that exist in society that support and protect the freedoms of women when it comes to family planning, I.V.F., birth control, everything.

Persons: LeBron James, Nneka, ” Ogwumike, “, George Floyd, Breonna Taylor, James Organizations: Seattle Storm

☆ Banksy London Zoo mural offers clue to why wild animals have been appearing all over city
▼ + stars: | 2024-08-13 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

London AP —Workers arriving at the London Zoo early Tuesday were surprised to discover an unexpected exhibit that suggested the animals were being set free. A mural by elusive street artist Banksy showed a gorilla holding up the entrance gate as birds took flight and a sea lion waddled away. James Warren/SIPAPRE/APThree monkeys by Banksy adorn a bridge over Brick Lane in London on August 7, 2024. Aitor Alcalde/Getty ImagesEach of the works posted on Banksy’s Instagram page have included a London Zoo hashtag, said Dan Simmonds, animal operations manager at the zoo. It was not clear if the zoo mural would be the final in the series.

Persons: Banksy, James Warren, Aitor, Dan Simmonds, ” Simmonds, “, Carl Court, Simmonds, ” Organizations: London AP — Workers, London Zoo, Aitor Alcalde, Getty, Cyclists, selfies Locations: London, Charlton, Brick Lane, London's Chelsea, Bristol, England, City

☆ Many musicians have copyright gripes with Trump, but only some can win in the courts
▼ + stars: | 2024-08-13 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +8 min

"Each songwriter belongs to a single PRO, so the Trump campaign would have needed to secure a license from the appropriate PRO," Litman said. According to BMI, Trump's campaign has taken out a "political entities license" from BMI for his 2016, 2020, and 2024 campaigns. Advertisement"If no license was obtained, the copyright owners in the songs can sue Trump, and they would win," Litman said. Trump's campaign has used Hayes' music at the former president's rallies more than 100 times and as recently as Saturday, Walker said. Walker, a 30-year entertainment-copyright lawyer, said the Hayes family hired him "after getting no response" from the Trump campaign for two years.

Persons: —, Donald Trump, Celine Dion, Trump's, Isaac Hayes, Trump, Hayes, Isaac Hayes III, Jessica Litman, Litman, Jodie Thomas, Thomas, Rihanna, Elton John, Neil Young, Pharrell Williams, Eddy Grant, Grant, James Walker Jr, Walker, we've Organizations: Service, Business, Republican, University of Michigan, American Society of Composers, Publishers, Music Inc, ASCAP, BMI, Trump, BI, National Rifle Association Locations: Montana, Hayes, , Texas

☆ 45 unfairly punished stocks primed for a revival: Goldman Sachs
▼ + stars: | 2024-08-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

During the sell-off, strategists at Goldman Sachs recommended buying the dip in US stocks, albeit carefully, as they reiterated their year-end S&P 500 price target of 5,600. Economically sensitive stocks have lagged defensives by at least 5 percentage points in a single week 12 times since 2000, according to Goldman Sachs. "Despite the weak jobs report, our economists believe continued economic expansion is far more likely than recession," Kostin wrote. Goldman Sachs found that those micro factors explained 86% of stock returns in the first half of 2024, versus the long-term average of 57%. Fewer worries about the near-term economic outlook mean stocks will no longer trade in lockstep — a win for active investors.

Persons: —, Goldman Sachs, David Kostin, Kostin, abate, lockstep — Organizations: Service, Goldman, Business, Institute of Supply, Walmart Locations: Japan, lockstep, Monday's

☆ A 1954 Mercedes worth up to $70 million will be among legendary racing cars up for sale soon
▼ + stars: | 2024-08-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A 1954 Mercedes-Benz W196 Streamliner valued between $50-70 million is among the historic cars set to be sold by the Indianapolis Motor Speedway Museum. “These vehicles will be some of the world’s most significant cars ever sold,” Gord Duff, global head of auctions at RM Sotheby’s, said in the statement. The cars will be sold at different events late this year and in 2025, according to the statement. In 2022, a very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker’s collection was sold to a private buyer for €135 million ($142 million at the time). “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” he said.

Persons: Mercedes, Juan Manuel Fangio, Stirling Moss, Fangio, Moss, Ferrari 250LM, Ferrari, Ford GT40, ” Gord Duff, Joe Hale, “, Laurin, Mercedes Brookland, Craig Breedlove, Lee, David MacNeil, James Knight, Van, ” Organizations: CNN, Benz, Indianapolis Motor Speedway Museum, Chief, Sotheby’s, Prix, Le, Sotheby's, Chevrolet Corvette SS, XP64, Ford, Indianapolis, Indianapolis Motor, Indianapolis Motor Speedway, Le Mans, IMS, Klement, Ferrari Locations: Buenos Aires, Argentina, Monza

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