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☆ MLB roundup: Rays tie modern record at 13-0
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +5 min

Brandon Lowe had two hits, including a home run, and Yandy Diaz also went deep for the Rays. Rays starter Jeffrey Springs was removed after three-plus innings due to ulnar neuritis in his left arm. He struck out five and allowed one run on a homer by Red Sox outfielder Rob Refsnyder. Nick Lodolo (2-0) worked around trouble in the first two innings, scattered eight hits and allowed two runs over five innings. Toronto right-hander Chris Bassitt (1-2) allowed two runs, four hits and three walks while striking out seven in six innings.

☆ On the hot seat: How will the new 737 Max woes affect Boeing CEO's future
▼ + stars: | 2023-04-14 | 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 EmailOn the hot seat: How will the new 737 Max woes affect Boeing CEO's futureHosted 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. Jeffrey Sonnenfeld, Yale School of Management, and Kyle Bailey, aviation analyst, join the show to discuss Boeing’s production halt.

☆ Now isn't the time to add to risk, investors should remain defensive, says DoubleLine’s Jeffrey Sherman
▼ + 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 EmailNow isn't the time to add to risk, investors should remain defensive, says DoubleLine’s Jeffrey ShermanDoubleline’s Jeffrey Sherman and Cresset’s Jack Ablin, join 'Closing Bell: Overtime' to discuss current market trends and how investors should be positioning in this climate.

☆ Watch CNBC’s full interview with DoubleLine’s Jeffrey Sherman and Cresset’s Jack Ablin
▼ + 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 EmailWatch CNBC’s full interview with DoubleLine’s Jeffrey Sherman and Cresset’s Jack AblinDoubleline’s Jeffrey Sherman and Cresset’s Jack Ablin, join 'Closing Bell: Overtime' to discuss current market trends and how investors should be positioning in this climate.

☆ Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?
▼ + stars: | 2023-04-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Nouriel Roubini, the economist known as "Dr. Doom", has been warning of disaster for two decades. He rose to prominence after being among the commentators to call the 2008 financial crisis. When he spoke of an impending housing crash at the International Monetary Fund that year, the audience chuckled, the New York Times reported. Nouriel Roubini economics professor at New York University attends 48th edition of Economic Forum of Cernobbio on September 02, 2022 in Cernobbio, Italy. "Even a stopped clock is right twice a day," Anirvan Banerji, a critic of Roubini's told the New York Times in 2008.

☆ MLB roundup: Rays improve to 8-0 with rout of A's
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +11 min

Springs scattered three hits, struck out seven and walked three while logging seven innings. The Astros rallied in the ninth on Jeremy Pena's two-run homer against Jovani Moran. Adam Duvall blasted a two-run homer and a pair of doubles while scoring three times. Pete Alonso and Eduardo Escobar each hit two-run homers for the Mets, who have won five of six games against the Marlins. Perdomo had three RBIs and two hits as Arizona racked up season highs for runs and hits (17).

☆ Wind and solar power generators wait in yearslong lines to put clean electricity on the grid, then face huge interconnection fees they can't afford
▼ + stars: | 2023-04-06 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +18 min

The local utility in charge of overseeing the interconnection process told Pine Gate it would be more than $30 million. Pine Gate had to terminate the project because it couldn't afford the new fees, its vice president of regulatory affairs, Brett White, told CNBC. "Those projects ended up withdrawing from the queue or terminating, because they don't pencil anymore," White told CNBC. "There is Texas, and then there's the rest of the country with respects to interconnection," White of Pine Gate told CNBC. And that means getting those engineers out of some of the rote manual data entry and into the actual analysis," White told CNBC.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ MLB roundup: Kodai Senga shines in debut as Mets down Marlins
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +12 min

[1/2] Apr 2, 2023; Miami, Florida, USA; New York Mets starting pitcher Kodai Senga (34) pitches against the Miami Marlins in the first inning at loanDepot Park. /Rhona Wise-USA TODAY SportsApril 3 - Right-hander Kodai Senga struck out eight batters in his major league debut, leading the New York Mets to a 5-1 win over the host Miami Marlins on Sunday afternoon. Marlins starter Trevor Rogers (0-1) lasted just 4 1/3 innings, allowing four hits, two walks and four runs, three earned. He allowed one run on three hits while walking two and striking out six in his first start of the season. Two of Houck's five hits allowed were home runs by Baltimore's Adam Frazier (3-for-4, two RBIs, two runs) and Cedric Mullins (2-for-5, run, three RBIs).

☆ Premarket stocks: CEOs are tired of being held responsible for gun regulation
▼ + stars: | 2023-04-03 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Dick’s Sporting Goods stopped selling semi-automatic, assault-style rifles at stores and Citigroup put new restrictions on gun sales by business customers after the mass shooting at a high school in Parkland, Florida, in 2018. But Yale professor Jeffrey Sonnenfeld, a vocal advocate of corporate social responsibility who has a direct line to major CEOs around the globe, said that top executives are forlorn. Before the Bell: CEOs have been quiet about gun reform since the latest mass school shooting in Nashville, have you heard anything about plans to speak out? Enough already on saying ‘what are the CEOs doing?’ Social capital is as valuable as financial capital. But don’t these CEOs hold the purse strings in terms of donating to powerful politicians?

☆ Russia detains WSJ journalist: White House condemns actions as 'unacceptable'
▼ + stars: | 2023-03-31 | 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 EmailRussia detains WSJ journalist: White House condemns actions as 'unacceptable'Hosted 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. Jeffrey Sonnenfeld, Yale School of Management, joins the show to discuss the Russia detaining an American journalist who wrote for the Wall Street Journal.

☆ I'm not expecting a banking crisis: TD Cowen President
▼ + 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 EmailI'm not expecting a banking crisis: TD Cowen PresidentTD Cowen President Jeffrey Solomon joins 'Squawk on the Street' to discuss his thoughts on the banking system and what to expect moving forward.

☆ Univest Financial CEO on the health of the regional banking sector
▼ + stars: | 2023-03-29 | 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 EmailUnivest Financial CEO on the health of the regional banking sectorJeffrey Schweitzer, CEO and President of Univest Financial, weighs in on the regional banking sector.

☆ Russia is forcing Western companies exiting its market to make a donation to the country — and it's making it harder for them to leave
▼ + stars: | 2023-03-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Foreign investors exiting Russia must donate at least 10% of the sale proceeds of their assets to the state. Russia witnessed an exodus of companies it invaded Ukraine, but some have remained — either voluntarily or due to challenges in leaving the Russian market. About 550 foreign companies are still actively operating in the country, according to Yale's list. These options are not available to every company — especially since there would be fewer potential buyers in the first place due to sweeping sanctions against Russia, according to Estrin and Meyer. Over 2,000 companies are seeking approval to exit the Russian market, the Financial Times reported on Tuesday, citing a person involved in an exit negotiation.

Britain and Norway hiked rates by 25 bps each, the Swiss National Bank jacked up rates by 50 bps. The European Central Bank hiked rates by 50 bps a week ago. ClearBridge strategist Jeffrey Schluze said, European banking regulation since the global financial crisis has been more stringent than in the United States, making the outlook for European lenders relatively strong. While banking stocks have been battered globally, the S&P 500 is up 0.5% this month (.SPX), while Europe's STOXX 600 index down 3.2% (.STOXX). CHANGE IN TONEBefore the banking turmoil, markets were driven by one-way moves as high inflation pressured U.S. and European markets.

☆ Yale's Jeffrey Sonnenfeld explains why the Fed is responsible for the bank debacle
▼ + stars: | 2023-03-20 | 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 EmailYale's Jeffrey Sonnenfeld explains why the Fed is responsible for the bank debacleJeff Sonnenfeld, Yale School of Management senior associate dean for leadership studies, joins 'Power Lunch' to discuss the current bank debacle, whether this chaos is another black eye for corporate America and for capitalism.

☆ Watch CNBC's full interview with Yale’s Jeffrey Sonnenfeld
▼ + stars: | 2023-03-20 | 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 with Yale’s Jeffrey SonnenfeldJeff Sonnenfeld, Yale School of Management senior associate dean for leadership studies, joins 'Power Lunch' to discuss the current bank debacle, and whether this chaos is another black eye for corporate America and for capitalism.

☆ The Fed should stop hiking rates, says DoubleLine Capital's Jeffrey Sherman
▼ + stars: | 2023-03-20 | 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 EmailThe Fed should stop hiking rates, says DoubleLine Capital's Jeffrey ShermanJeffrey Sherman, DoubleLine Capital deputy CIO joins 'Squawk on the Street' to discuss his thoughts on Fed rate hikes.

☆ Saka double against Palace sends Arsenal eight points clear at the top
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 19 (Reuters) - Arsenal will head into the international break eight points clear in the Premier League title race after Bukayo Saka scored twice in a 4-1 home defeat of Crystal Palace on Sunday. With chasers Manchester City otherwise engaged this weekend in the FA Cup, Arsenal took full advantage with Gabriel Martinelli opening the scoring and Granit Xhaka also on target. Arsenal now have 69 points from 28 games with reigning champions City on 61 with a game in hand. Saka then doubled the lead in the 43rd when he guided home a low shot from Ben White's pass. Palace, who sacked manager Patrick Vieira this week, stay in 12th place but are only three points above the relegation zone.

☆ Disneyland reopens Toontown, designed to be inclusive of 'every single guest'
▼ + stars: | 2023-03-17 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Parkgoers at Disneyland in Anaheim, California, will finally be able to return to Mickey's Toontown this weekend after a yearlong closure for refurbishment. The reimagined Toontown honors the space that first opened in 1993, keeping existing structures like Mickey and Minnie's houses in tact, albeit with a paint touch-up. But there's also quite a bit of new infrastructure for kids to explore — with an eye toward inclusivity. "We wanted Toontown to not only be exciting, but also decompressing and relaxing and welcoming." With that in mind, the Imagineers have introduced more green spaces within the land, places to have picnics, sit and unwind, or play freely.

When bond yields fall, their price rises. But asset managers that run large government bond portfolios still expect bond yields to rise and say they are selling into the rally, expecting the European Central Bank and the U.S. Federal Reserve stay hawkish. Legal and General Investment Management (LGIM), the UK-based $1.6 trillion asset manager, is also reducing its exposure to government bonds, taking profits following the bond rally. As selling gripped bank shares on Wednesday, money market pricing suggested traders were leaning towards a 25 basis-point Fed rate increase next week. "We expect rates to rise," agreed Brian Nick, chief investment strategist at $1.1 trillion U.S. asset manager Nuveen.

☆ Wharton professor Jeremy Siegel blames the Fed for SVB's collapse - and warns of more failures and a painful recession
▼ + stars: | 2023-03-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The Fed's inflation fight was a key factor in Silicon Valley Bank's collapse, Jeremy Siegel said. Siegel flagged the growing risk of recession if the Fed keeps raising rates. Higher rates increase borrowing costs and encourage saving over spending, which typically pulls down asset prices, saps demand, and increases the risk of a recession. One of SVB's key mistakes was investing its deposits in long-duration bonds, which plunged in price as interest rates rose. They warned that if the US central bank hikes rates by 50 basis points in March, that would increase the risk of more SVB-type implosions.

☆ Jeffrey Epstein said he stopped hanging out with Trump 'when he realized Trump was a crook,' according to his brother
▼ + stars: | 2023-03-11 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Jeffrey Epstein hinted at his fallout with Donald Trump in an unaired interview, according to his brother. "He stopped hanging out with Trump when he realized Trump was a crook," Mark Epstein told Insider. Trump and Jeffrey Epstein were friends for years, and the nature of their fallout remains hazy. "And in that interview, Jeffrey said he stopped hanging out with Trump when he realized Trump was a crook." Jeffrey Epstein was arrested in July 2019 on sex-trafficking charges and died in jail several weeks later while awaiting trial.

☆ IMF chief: Ukraine war will have ‘devastating’ consequences for Russia’s economy
▼ + stars: | 2023-03-08 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

In January, the IMF projected that Russia’s economy would expand by 0.3% this year and 2.1% the next. Georgieva told CNN that Russia’s economy would suffer over time as workers emigrated and access to technology was cut off, and as sanctions on its vast energy industry took a toll. Yet according to Georgieva, it’s essential policymakers don’t ease up on interest rate hikes prematurely, lest prices soar again. The Fed slowed the pace of rate hikes last month, but Powell indicated in testimony to Congress Tuesday that the central bank may need to turn hawkish again. The Fed “would be prepared to increase the pace of rate hikes” if necessary, he added.

☆ Spring training roundup: Pirates, O’s play unneeded bottom of 9th
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +5 min

Orioles catcher Maverick Handley called balls and strikes thrown by teammate right-hander Ofreidy Gomez during the half inning. The Pirates opened a 5-0 lead before the Orioles put up four runs across the fifth and sixth innings, thanks in part to Franchy Cordero's two-run home run. Kevin Pillar had a two-run homer and an RBI single to power the Braves' offense. Phillies 7, Blue Jays 2Trea Turner hit a two-run single and finished 2-for-3 with a run as host Philadelphia took care of Toronto in Clearwater, Fla. Jace Peterson cracked a three-run homer for the Athletics.

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