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CNN —Sen. Michael Bennet on Tuesday became the first Democratic senator to publicly say he doesn’t believe President Joe Biden is capable of winning reelection after his disastrous debate performance last month. Bennet said his voters have “deep concerns” about whether Biden can win and urged the White House to not ignore worries about his viability. Bennet’s comments confirm earlier CNN reporting that Bennet told his colleagues during a private meeting between Senate Democrats Tuesday that he does not think Biden can win. Sherrod Brown and Jon Tester also said Biden would not win during the meeting in the Capitol, according to a source familiar. Another source confirmed that Senate Majority Leader Chuck Schumer told senators at the meeting they should speak with the White House directly.
Persons: CNN — Sen, Michael Bennet, Joe Biden, “ Donald Trump, , CNN’s Kaitlan Collins, It’s, , Bennet, Biden, Donald Trump, Kevin Munoz, Sherrod Brown, Jon Tester, Chuck Schumer, Delaware Sen, Chris Coons, ” CNN’s Dana Bash, Ted Barrett Organizations: CNN, Democratic, Colorado Democrat, Senate, Democrats, Delaware Locations: what’s, Sens
Paramount agreed to merge with Skydance Media after tumultuous acquisition talks. But the Hollywood megamerger may face FTC scrutiny. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementParamount, the media giant that owns Nickelodeon and MTV, has finally agreed to a deal with Skydance Media, the companies said late Sunday. The deal includes an acquisition of National Amusements, which holds the controlling stake in Paramount, and a merger of Skydance and Paramount Global.
Persons: Lina Khan, , Shari Redstone, David Ellison Organizations: Paramount, Skydance Media, Hollywood, FTC, Service, Nickelodeon, MTV, National Amusements, Paramount Global Locations: Skydance
More consolidation, more problems — that's the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. Namely, that continued consolidation in the industry will exacerbate production woes that have led to fewer film releases in recent years. Skydance founder David Ellison during an investor call Monday touted that Paramount and Skydance have produced 30 feature films together. However, each company has other producing partners, and it is unclear how this merger could affect production going forward.
Persons: , Michael O'Leary, David Ellison, Shawn Robbins, Paul Dergarabedian Organizations: Paramount, National Association of Theatre Owners, NATO, Disney, Century Fox
UBS raised its price target on Nvidia , calling for nearly 20% upside. He also set a price target of $640, which implies downside of 21%. — Lisa Kailai Han 5:50 a.m.: UBS hikes Nvidia price target, now sees 19% upside UBS sees more gains ahead for Nvidia . Analyst Timothy Arcuri raised his price target for the graphics processing unit manufacturer to $150 from $120. "Our recent supply chain checks confirm our prior suspicions that demand momentum for Blackwell rack-scale systems remains exceedingly robust," the analyst wrote.
Persons: Wolfe, JPMorgan Chase, Guggenheim, ServiceNow, John DiFucci, Lisa Kailai Han, Erika Najarian, — Lisa Kailai Han, Timothy Arcuri, Arcuri, Blackwell, Steven Chubak, Chubak, JPM, — Fred Imbert Organizations: CNBC, UBS, Nvidia, Wolfe Research, JPMorgan, Guggenheim, PNC, PNC Financial Services, JPMorgan Chase JPMorgan, JPMorgan Chase, P Bank ETF Locations: Friday's, 2H24
Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS raised its price target on Nvidia to $150 per share from $120. Stifel upgrades Ecolab to buy from hold Stifel said it's bullish on shares of the food safety company. KBW upgrades Charles Schwab to outperform from market perform KBW said it's getting bullish on shares of Charles Schwab. Wells Fargo reiterates Meta as overweight Wells raised its price target on Meta to $625 per share from $593. Wells Fargo reiterates Roblox as overweight Wells raised its price target on the stock to $43 per share from $41 ahead of earnings on August 1.
Persons: Stifel, it's, Morgan Stanley, Charles Schwab, KBW, Guggenheim, ServiceNow, Wells, Riley, Emerson, Redburn, Wolfe, JPM, Raymond James, Gilead, Bumble, TD Cowen, Oppenheimer, Jefferies, Baird, Wedbush, RBLX Organizations: UBS, Nvidia, Taiwan Semiconductor, Meta, PNC, Bank of America, underperform Bank of America, Medicines, NSC, Apple, JPMorgan, Disney Locations: 2H24, Columbia, Norfolk, Asia
Crisis? What Crisis? Biden Rejects Democratic Pessimism
  + stars: | 2024-07-06 | by ( Peter Baker | ) www.nytimes.com   time to read: +1 min
All sounds fine in President Biden’s world. For Mr. Biden, the crisis seen by so many Democrats who are not on his payroll — and by some who are — is nothing more than another bump in the road, another obstacle to overcome as he always has. His prime-time interview that aired on ABC News on Friday night was an exercise not just in damage control but in reality control. For much of his long and storied political career, Mr. Biden has succeeded through sheer force of will, defying the doubters and the skeptics and the scorners to prove that he could do what no one expected. “You really see a president in denial and in a bubble,” Julián Castro, a former housing secretary who ran against Mr. Biden for the Democratic nomination in 2020, said in an interview.
Persons: Biden’s, Biden, Donald J, Trump, , Julián Castro, he’s, Organizations: ABC, Mr, Democratic
The company wants to sell just under 3,300 Ocean electric SUVs to American Leasing, lawyers said at a Wednesday hearing reported by TechCrunch. This story is available exclusively to Business Insider subscribers. Even as it prepared to deliver vehicles last year, it was scavenging parts from the personal EVs of the company's CEO and its CFO, Business Insider reported last month. It said selling 200 of the vehicles to American Leasing on an abbreviated timeline would bring in crucial cash to make payroll next month. Some creditors, including people who previously bought Fisker vehicles, are worried that the company will run out of resources to pay its debts and support owners.
Persons: , Uber, Fisker, Linda Richenderfer Organizations: Service, American Leasing, TechCrunch, Business, Street, US, Office, Justice Department Locations: New York
Anyone tuning into the first half after the pulsating Germany vs Spain quarter-final was rapidly brought down to earth as Portugal and France played out a largely underwhelming opening 45 minutes. A penalty shootout was the inevitable conclusion and France scored all five of theirs, while Joao Felix missed for Portugal. This was actually a pivotal moment in the contest; a preciously rare France counter, something Portugal had rallied against all game. every one bar their final group game) Ronaldo played every second. Tim SpiersAnd Kylian Mbappe was quiet too…This was billed as Mbappe versus Ronaldo, but the Frenchman had a quiet game too.
Persons: Mike Maignan, Bruno Fernandes, Vitinha, Nuno Mendes, Joao Felix, Tim Spiers, Liam Tharme, Amy Lawrence, Randal Kolo Muani, alf, ortugal, ake, rance, ince, radley, ong, ike, ross, ota, amos, orth, hird, haring, inger, uros, ike M, ogba, lear Organizations: Portugal, Spain, France, ust Locations: France, Germany, Portugal, Hamburg, ely
"Ikigai: The Japanese Secret to a Long and Happy Life" is an international bestseller and among the most well-known books about longevity. These quotes stood out as the most impactful for people who read "Ikigai." "The grand essentials to happiness in this life are something to do, something to love, and something to hope for." Embrace the state of flow"Concentrating on one thing at a time may be the single most important factor in achieving flow." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Héctor García, Francesc Miralles, Organizations: CNBC Locations: Okinawa, Japan
Read previewIn the last three years, Iran's Islamic Revolutionary Guard Corps Navy has commissioned hundreds of new vessels. AdvertisementThe Shahid Hassan Bagheri is one of three new Soleimani-class missile corvettes that are the most heavily armed warships in the Islamic Revolutionary Guard Corps Navy's fleet. Despite being lightly armed, it has a record of harassing US vessels and civilian ships in the Persian Gulf. AdvertisementThree Soleimani-class corvettes, Shahid Soleimani, Shahid Hassan Bagheri, and Shahid Sayyad Shirazi, have been commissioned, while a fourth, Shahid Ra'is-Ali Delvari, is under construction. AdvertisementMahdavi will eventually be joined by another converted container ship, the Shahid Bagheri.
Persons: , Shahid Hassan Bagheri, Morteza Nikoubazl, Ayatollah Ali Khamenei, Shahid Soleimani, Nazeri, Shahid Nazeri, SAMs, Shahid Sayyad Shirazi, Shahid Ra'is, Ali Delvari, Hassan Bagheri, Abu Mahdi al, Shahid, Alireza Tangsiri, Shahid Mahdavi, 400Y8DYPlr — Mehdi H, Shahid Roudaki, Roudaki, Mahdavi, Lewis B, Puller, Shahid Bagheri, Bagheri, Tangsiri, IRGCN, Ayatollah Khamenei, Nadimi, Saviz, Diego Garcia, Benjamin Brimelow Organizations: Service, Islamic Revolutionary Guard Corps Navy, Business, Islamic Revolutionary Guard Corps Navy's, Islamic Revolutionary Guard Corps, US, Quds Force, Guard, Southern Hemisphere, American, British, Washington Institute for Near East Policy, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Iran, Saudi Arabia, Persian, Gulf of Oman, Hormuz, China, Russia, Taiwan, Norway, Yemen, Makran, Morteza, Israel, Lebanon, Hamas, Gaza, Syria, Mahdavi, West
Why the Price of Wood and Lumber Keeps Changing
  + stars: | 2024-07-03 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +10 min
And then there was lumber mania, when lumber prices soared to records. After peaking in spring 2021, lumber prices briefly collapsed before jumping back up to $1,400 in early 2022. Paul Jannke, a principal at Forest Economic Advisors, said this housing-market malaise is a big problem for the lumber industry. While those in the lumber industry may not be having a fantastic time, if you're in the market for lumber, it's a good time to buy. Jannke said that while the lower lumber prices hadn't resulted in lower housing costs, "homebuilder margins are at or near record levels."
Persons: Stinson Dean, Deacon Lumber, they've, Dustin Jalbert, RISI, Jalbert, they're, Paul Jannke, Jannke, It's, Dean, Robert Dietz, They've, Dietz, They're, Emily Stewart Organizations: Federal, Forest Economic Advisors, Housing, National Association of Home Builders, Business Locations: British Columbia, China, Canada
Where did all the lifeguards go?
  + stars: | 2024-07-03 | by ( Kelli María Korducki | ) www.businessinsider.com   time to read: +11 min
My girlfriends, a year or two older, were most interested in catching the eye of the male lifeguards. The swim disparities also influenced the scope of a lifeguard's job. While the lack of qualified lifeguards may partly stem from this problem, getting more lifeguards on stands could turn things around. As we enter our fourth year without enough lifeguards, it's hard to imagine them retaking the podium as the cultural idol of American summer. When more cities prioritize safe water access for the masses — and pay lifeguards accordingly — the mighty lifeguard just may rise again.
Persons: Marco Polo, I'd, fawning, Wyatt Werneth, Werneth, , Jessi Adler, Adler, hasn't, lifeguarding, Jason Russell, it's, Russell, Jeff Wiltse, Wiltse, KENA BETANCUR, Suburbanites Organizations: American Lifeguard Association, Getty, Lyndon, Johnson, SUNY Empire State, World, Association, American, of Public Health, New, Civil Rights Movement, Employers Locations: Milwaukee, America, Southern California, Michigan, Central Texas, Canada, New York City, Chicago, Denver, Baltimore, San Antonio
So when we did not get pregnant after a year, my husband and I began artificial reproductive treatment (ART). I have spoken with people in various support groups I have joined throughout my infertility and pregnancy journey about the next child anxiety. AdvertisementNext child anxiety is a fear of being retraumatized. It is a scale where we weigh the benefits of giving our child a sibling and the joys of having another child to love against the crushing reality of infertility and its treatments. My body has not been my own for two and a half years of treatment and nine months of pregnancy.
Persons: endometriosis Organizations: Service, Business, ART
Hungarian Prime Minister Viktor Orban (L) talks with Ukrainian President Volodymyr Zelenskyy (R) in the Europa building prior the start of the meeting on June 27, 2024, in Brussels, Belgium. Hungarian Prime Minister Viktor Orban arrived in Ukraine on Tuesday for his first wartime visit to the battle-torn country. Orban, meanwhile, communicated Hungary's intentions to improve ties with Ukraine and sign a broad bilateral cooperation agreement, while urging Zelenskyy to consider a quick cease-fire to accelerate peace talks, Reuters reported. Orban absented from last month's Ukraine Peace Summit in Switzerland, where Hungary was instead represented by Foreign Minister Peter Szijjarto. The Hungarian prime minister has also been one of the few Western leaders to meet the increasingly isolated Kremlin leader Putin since Russia's full-scale invasion of Ukraine.
Persons: Viktor Orban, Volodymyr Zelenskyy, Orban, Zelenskyy, Vladimir Putin, Orban's, " Orban, Orban absented, Peter Szijjarto, Putin, Donald Trump, Jens Stoltenberg Organizations: European Union, Kyiv, Ukrainian, Reuters, nonmember Kyiv, Ukraine Peace Summit, Foreign, Associated Press, NATO Locations: Europa, Brussels, Belgium, Hungarian, Ukraine, Hungary, Moldova, Switzerland
Silversea invited me on a complimentary five-night cruise on its new 728-guest ship, Silver Ray. See all the amenities wealthy cruisers get on Silver Ray, from caviar room service to butlers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Silversea's new 728-guest ship is the cruise to go on when you want to be surrounded by 60-some-year-olds who enjoy Champagne, quiet vacations, and $180, 11-course dinners. In mid-June, the ultra-luxury cruise line's latest and 12th vessel, Silver Ray, set sail on its maiden voyage.
Persons: Silversea, Silver Ray, , Ray Organizations: butlers, Service
Read previewMary Meeker is back with a new report about AI and education — and it predicts how life will change for both students and teachers. And after a four-year break since publishing a report, Meeker has returned to give her industry insights. For teachers, she writes that using AI to accelerate learning, even for students who miss out on in-person lectures, will be "a new art form." Related stories"As technology evolves and becomes more widely available, teachers should be able to save time and increase productivity," Meeker writes. "On the research side, technical resource availability, such as GPU access, will likely be key to differentiation/leadership," Meeker writes.
Persons: , Mary Meeker, Morgan Stanley, Meeker Organizations: Service, Business, Bond, Universities
The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. Google will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom. The new solar capacity will help power Google's data centers and cloud region in Taiwan, the press release said. Some of the clean energy capacity will also be offered to Google's chip suppliers and manufacturers in the region, it said.
Persons: Amanda Peterson Corio Organizations: BlackRock, Google, New Green Power, Taiwan Renewable Energy Locations: Taiwan, U.S, BlackRock
This was, for the most part, a dismal England performance, regardless of the supernatural deliverance at the end. Everything that was bad about today in Gelsenkirchen had been signposted by England over the course of the last few weeks. The red flags had all been there since England opened their campaign in this same city two weeks ago. And yes, England are desperately flawed, still unbalanced, still uncertain on the ball, still struggling to create chances even when they dominate possession. None of the lingering questions over this England team have been solved.
Persons: Jude Bellingham, Harry Kane, Gareth Southgate’s, Lamine Yamal, Nico Williams, Southgate, Luke Shaw’s, Bellingham, Marc Guehi’s, shrugging, Kane, Ivan Schranz, Jordan Pickford, Gazball, Richard Pelham, Jack Pitt, Brooke Spain’s, Fabian Ruiz, Yamal, Giorgi Mamardashvili, Williams, Rico Brouwer, Fabian, Germain, Dani Carvajal’s, , Georgia fatiguing, Fabian’s, Luis Enrique, La, De La Fuente, Dermot Corrigan, Liam Tharme Spalletti, Luciano Spalletti, Remo Freuler, Ruben Vargas, Roberto Mancini, Spalletti, “ That’s, I’ll, Gabriele Gravina, , ” Gravina, Claudio Villa, ” James Horncastle ‘, Mbappe, Kylian Mbappe, Kevin Danso, , ” Mbappe, I, France’s, “ It’s, I’d, it’s, Joris Verwijst, ” Charlotte Harpur What’s, Cristiano Ronaldo, Romelu Lukaku, Adam Davy Organizations: England, Slovakia, Getty, Saturday’s, Barcelona, Paris Saint, Croatia, UEFA European, Spain’s, League, La Liga, Italian Football Federation, Napoli, , Belgium, Monday, European, Real, Netherlands, Poland, Real Madrid, , BSR Agency, Slovenia Locations: Switzerland, Spain, Georgia, Cologne, Germany, Iceland, Southgate, Dusseldorf, England, Denmark, Slovenia, Gelsenkirchen, Slovakia, Kobbie, Spain’s, Barcelona, Paris, Italy, European, ” Italy, France, Real Madrid, Austria, Belgium, Frankfurt, Portugal
Photo: Bart Vandever for CNBC Make ItWhy Costco means so much to meCostco was a shopping staple for my family when I was growing up. Photo: Bart Vandever for CNBC Make ItI like to lie on my couch and lose myself in classical music on my piano. Photo: Bart Vandever for CNBC Make ItIn woven side baskets, I stash my Costco pajamas, keeping everything neat and organized. An outdoor space with possibility The outdoor space isn't fully furnished yet. I'm very excited to use my outdoor space and my paddle board this summer.
Persons: Bart Vandever, Costco, Costco Claudia, I've, they've, I'm Organizations: Costco, CNBC, Kirkland Locations: San Francisco Bay, Fremont , California
Read previewGetting access to fertility benefits through your employer used to feel like a luxury reserved for workers at major tech companies. Many companies offer fertility benefits by partnering with providers like Progyny and Carrot, which offer customizable plans. Related storiesOffering great fertility benefits is one way companies can compete for top talent, especially millennials and younger professionals. A recent HR Brew/Harris Poll found that, overall, 63% of respondents thought companies should offer fertility benefits to employees. AdvertisementAnevski expects the number of businesses and industries offering fertility benefits will only increase, especially as top talent comes to expect it as part of a desirable job.
Persons: , Pete Anevski, it's, Progyny, Anevski, Megan Garner, Carrot, Garner, Fortune, Mercer, Harris, Gen Organizations: Service, Business, Microsoft, Google, Nike, Carrot, Progyny Locations: West Coast
CNN —Top advisers to Donald Trump are plotting an overhaul of the Republican Party platform that will dramatically slash its size and refocus the GOP around the former president’s agenda for a second term. A memo from Trump campaign managers Chris LaCivita and Susie Wiles dated Thursday criticized past platforms as too long and too heavily influenced by special interests and outside groups. A “clear, concise and easily digestible” platform will be easier for voters to understand and harder for political opponents to attack, they wrote. Trump’s campaign is especially aware of how Democrats have weaponized the GOP platform in the past and is seeking to avoid a lengthy document full of potential landmines for the former president to navigate. Already, Trump this year has ousted the party’s previous chair, Ronna McDaniel, and installed close allies atop the GOP — his daughter-in-law Lara Trump and North Carolina GOP leader Michael Whatley.
Persons: Donald Trump, Chris LaCivita, Susie Wiles, Trump’s, , Wiles, Trump, LaCivita, ” LaCivita, Ronna McDaniel, Lara Trump, Michael Whatley, Randy Evans, Russell Vought, Ed Martin, Phyllis Schlafly Eagles Organizations: CNN, Republican Party, Trump, , The New York Times, Republican National Convention, Social Security, GOP, North, North Carolina GOP, Conservative, SPAN Locations: reapproved, Washington, Milwaukee, North Carolina, Luxembourg
CNN —India produced a brilliant performance to defeat South Africa by just seven runs in a dramatic men’s T20 World Cup final, ending a long 13-year wait for the cricket-obsessed nation since its last World Cup win. Victory sparked jubilant and emotional celebrations for India after a year of heartbreak for many of its players who lost to Australia in the finals of both the ODI Cricket World Cup and World Test Championship. India was under pressure early in its innings as some sharp South African bowling reduced it to 39-3 after five overs. South Africa continued to build steadily and almost found itself in a match-winning position when Heinrich Klaasen produced an astonishing performance in the 15th over, hitting Axar for 24 runs and racing towards a half century in just 23 balls, the fastest ever in a men’s T20 World Cup final, according to Opta. That gave India the platform it needed and it held on to take the victory by the narrowest of margins.
Persons: Suryakumar Yadav, Victory, Axar Patel, Virat Kohli, Rabada, India's Suryakumar Yadav, Randy Brooks, Axar, Quinton de Kock, Shivam Dube, Kohli, Jasprit Bumrah, Reeza Hendricks, Robert Cianflone, De, Tristan Stubbs, Stubbs, Heinrich Klaasen, Pandya, Rishabh Pant, Rohit Sharma, stymieing, Marco Jansen, David Miller, Alex Davidson Organizations: CNN, Cricket, India, Getty, Axar, ICC, South Locations: India, South Africa, Bridgetown, Barbados, Australia, AFP, De Kock, De Kock . South Africa
Blue Zones are areas in the world with the most people living the longest lives. On average, Okinawan women live longer lives than women from all other areas worldwide, according to longevity expert Dan Buettner. Additionally, "Okinawans have less cancer, heart disease and dementia than Americans," Buettner wrote on his site. The pair interviewed over 100 of the oldest people in Okinawa and wrote about the principles and techniques that Japanese centenarians adhere to daily in their book titled Ikigai: The Japanese Secret to a Long and Happy Life. Here are a few of the practices that contribute to the longevity and happiness of some of Japan's longest-living people.
Persons: you've, Dan Buettner, Buettner, Héctor García, Francesc Miralles Locations: Okinawa, Japan
China expelled two former defense ministers from the ruling Communist Party over alleged corruption Thursday, the latest sign of a secretive crackdown sweeping the country's elite. China expelled two former defense ministers from the ruling Communist Party over alleged corruption Thursday, the latest sign of a secretive crackdown sweeping the country's elite. The two former defense ministers, Li and Wei, were expelled by the party's leadership for "serious violation of party discipline and the law," Chinese state news agencies announced early Thursday. Li was also stripped of his title as state councilor at the time, a rare move — officials from the inner circle of the ruling Communist Party are seldom axed. Wei, who preceded Li as defense minister, was similarly accused Thursday of "accepting money and gifts in violation of relevant rules."
Persons: Li Shangfu, Wei Fenghe, Li, Xi Jinping, Wei, Xi Organizations: Communist Party, National Congress, Chinese Communist Party, CCP, Political, CCP Central Committee Locations: China, Beijing, United States, Taiwan, Xinhua
As Wall Street digested the dismal outlook from the world's largest sportswear company, at least six investment banks downgraded Nike's stock. Analysts at Morgan Stanley and Stifel took it a step further, specifically calling the company's management into question. The company also said it expects fiscal 2025 sales to be down mid-single digits when it previously expected them to grow. If you ask Phil Knight, Nike's founder and its chairman emeritus, Donahoe is doing just fine. "I am optimistic in Nike's future and John Donahoe has my unwavering confidence and full support."
Persons: Jim Duffy, Morgan Stanley, Stifel, Donahoe, Matt Friend, That's, Hoka, Jessica Ramírez, Jane Hali, Nike didn't, they've, Kevin McCarthy, Neuberger Berman, CNBC's Scott Wapner, " McCarthy, They've, you've, it's, he's, Phil Knight, John Donahoe Organizations: Nike, eBay, Air Force, Air, Associates, CNBC Locations: 2HCY25, China, , U.S
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