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☆ Kourtney Kardashian announces her pregnancy at Blink-182 concert
▼ + stars: | 2023-06-17 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Kourtney Kardashian stole the show at a Blink-182 concert Friday by announcing that she and husband Travis Barker are expecting their first child together. They got married last year in multiple ceremonies. Kardashian, 44, shares three children with her former longtime partner Scott Disick: Mason, Penelope and Reign. Barker, 47, is father to his Landon, daughter Alabama and his stepdaughter Atiana, whom he shares with ex-wife Shanna Moakler. CNN has reached out to representatives for Kardashian and Barker for comment.

Persons: CNN — Kourtney Kardashian, Travis Barker, “ Travis I’m, ” Barker, Villa Olivetto, Domenico Dolce, Stefano Gabbana, Kardashian, Scott Disick, Mason, Penelope, Barker, Landon, Alabama, Atiana, Shanna Moakler, ” Organizations: CNN, Santa, Villa, Dolce, Wall Street Locations: Las Vegas, Santa Barbara, Portofino, Italy

☆ GOP Sen. Mike Rounds praises presidential candidate Tim Scott as 'the closest to a Ronald Reagan' in the 2024 race: 'None of us are ever going to be ashamed of supporting him'
▼ + stars: | 2023-06-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Sen. Mike Rounds praised Sen. Tim Scott as "the closest to a Ronald Reagan" in the 2024 GOP WH race. Rounds recalled comparing Scott to the GOP icon during an interview with The Washington Post. Rounds and Sen. John Thune, both of South Dakota, are supporting Scott's presidential campaign. "I think he's the right guy for the job, positive," Rounds said of Scott during a conversation with Thune. "He's the closest to a [new] Ronald Reagan, in terms of his excitement, his ability to communicate, his forward-thinking, his understanding of defense issues, his understanding of business."

Persons: Sen, Mike Rounds, Tim Scott, Ronald Reagan, Rounds, Scott, John Thune, —, John Thune of, Scott —, Thune, Donald Trump, Ron DeSantis Organizations: GOP, Washington Post, Service, South, Republican, Senate Banking Committee, Senate Finance, Republicans Locations: South Dakota, South Carolina, John Thune of South Dakota, Florida

Former US President Donald Trump arrives to deliver remarks at Trump National Golf Club Bedminster in Bedminster, New Jersey, on June 13, 2023. That sort of comment is further than where many of Trump's rivals for the GOP presidential nomination will go publicly. Still, even out in the open, there are indications that they believe this federal indictment is far more serious than the last one. But the Trump indictment took over, with participants expressing deep concern about backlash and the party's fracturing beyond repair. On one hand, if Trump's GOP rivals blast him, they risk further alienating his committed GOP supporters.

Persons: Donald Trump, aren't, Ron DeSantis, Trump, I'm, Trumper, George Washington, James Madison, Thomas Jefferson, Joe Biden, Hunter, Mick Mulvaney, Mulvaney, MAGA, Mike Pence, Nikki Haley, Sen, Tim Scott, Vivek Ramaswamy, Scott, Haley, Pence, what's, Chris Christie, Christie, Hal Lambert, Larry Steinhouse, — Hallie Jackson, Henry J, Gomez, Jonathan Allen Organizations: Trump National Golf Club Bedminster, GOP, Florida Gov, Justice Department, Trump, Republican, Republicans, NBC News, White, Department, Courier, Street, Former New Jersey Gov, CNN, DOJ, Reuters, CBS, NBC Locations: Bedminster , New Jersey, New York, Florida, Georgia, Lago, Palm Beach , Florida, Charleston , South Carolina, Trump, Pennsylvania

June 9 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes Co (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by one to 695 in the week to June 9, the lowest since April 2022. , ,U.S. oil rigs rose one to 556 this week, while gas rigs fell two to 135, their lowest since March 2022. Data provider Enverus, which publishes its own rig count data, said drillers cut nine rigs in the week to June 7, dropping the overall count to 750. That compares with a record 12.3 million bpd in 2019. U.S. gas production, meanwhile, was on track to rise from a record 98.13 billion cubic feet per day (bcfd) in 2022 to 102.74 bcfd in 2023 and 103.04 bcfd in 2024, according to EIA's projection.

Persons: Baker Hughes, Beth McDonald, McDonald, Goldman Sachs, Scott DiSavino, Marguerita Choy Organizations: drillers, Natural Resources, Organization of Petroleum, U.S . Energy Information Administration, Thomson Locations: U.S, Saudi Arabia, Russia

☆ Kim Kardashian, Floyd Mayweather can’t evade EMax crypto investors’ claims, judge says
▼ + stars: | 2023-06-07 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Pierce, who allegedly received nearly $250,000 in EMax tokens as payment for touting the investment, paid $1.4 million in February to settle the SEC’s allegations of deceptive securities promotion. The new ruling, Masson said, should serve as a blueprint for crypto investors who contend they were duped by celebrity promoters. The beefed-up amended complaint convinced the judge that investors had plausibly accused the celebrity influencers of doing just that: exerting influence over their followers by endorsing EMax tokens. Fitzgerald’s previous decision dismissing claims against Kardashian and the other EMax promoters, Masson said, might have created an impression that celebrities can’t be held responsible for allegedly deceptive crypto touting. “You cannot get away with this.”Read more:Kim Kardashian, other celebrities beat EMax crypto investors' lawsuitKim Kardashian pays $1.26 million fine for paid crypto ad, SEC saysOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kardashian, Michael Fitzgerald, Kardashian, Floyd Mayweather, famer Paul Pierce, Mayweather, Pierce “, ”, Fitzgerald, Hyping, you’ve, Scott, “, ” Fitzgerald, Michael Rhodes, Cooley, Pierce, Joel Weiner, Katten Muchin Rosenman, James Sanders, Reed Smith, influencer Logan Paul, Paul, King & Spalding, Sean Masson, Scott —, Kardashian —, EMax, Masson, ’, can’t, ” Masson, ” Read Organizations: District, Los, NBA, famer, U.S . Circuit, Securities, Exchange Commission, King &, SEC, Thomson, Reuters Locations: California, “, Florida

Bad air can be dangerous, especially if you’re breathing it over a lifetime. In East Asia, years of chronic air pollution is one reason that wearing face masks was common well before the coronavirus pandemic. School children there are used to playing inside on bad air days. In South Korea, would-be presidents have made reducing air pollution part of their campaign platforms. In other cases, urban air has improved because of something that no one saw coming.

Persons: it’s, Paiboon, Rajasekhar Balasubramanian, ”, Lee Hyung, “ It’s Organizations: New York State, World Health Organization, National University of Singapore, World Bank, Mexico City Locations: Midwest, United States, Cities, Asia, Africa, America, New, Bangkok, South Asia, East Asia, Seoul, South Korea, China, Beijing, Indonesia, Southeast Asia, Mexico, New Delhi

Prices rose on Monday after Saudi Arabia said over the weekend it would cut output to around 9 million barrels per day (bpd) in July from about 10 million bpd in May. A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies. Higher interest rates boost borrowing costs, which can slow the economy and reduce oil demand. EIA also projected U.S. petroleum demand would rise from 20.3 million bpd in 2022 to 20.4 million bpd in 2023 and 20.7 million bpd in 2024. That compares with a record 20.8 million bpd in 2005, according to EIA data going back to 1973.

Persons: Brent, Edward Moya, Scott DiSavino, Rowena Edwards, Arathy, Trixie Yap, David Goodman, Matthew Lewis, Chizu Nomiyama, Richard Chang Organizations: EIA, Saudi, U.S, West Texas, Citi, U.S . Federal Reserve, Bank, Energy Information Administration, American Petroleum Institute, Thomson Locations: Saudi Arabia, Saudi, OPEC, China, U.S, Europe, New York, London, Houston, Singapore

In Ontario, a layer of haze blanketed parts of Ottawa and Toronto, where Canadian officials warned residents about the poor air quality, as smoke floated over portions of New York State and Vermont. All of New York City was under an air quality alert on Tuesday because of the smoke; by the afternoon, the Manhattan skyline was obscured by hazy skies. In eastern Canada, Quebec was most affected by wildfires as of early Tuesday afternoon, with more than 150 active blazes across the area, according to the fire agency. Weather officials warned that people more sensitive to poor air quality, such as people with lung disease and heart disease, children and older adults, should limit certain activities outdoors. Air quality alerts were also in place in New York City and in multiple counties in upstate New York through midnight.

Persons: Jiménez, Derrick Bryson Taylor, Bill Blair, ” Mr, Blair, Eric Adams Organizations: New York, New, Canadian Interagency Forest Fire, Residents, U.S . National Weather Service, Weather Service, Weather, Twitter, New York State Department of Environmental Locations: United States, Canada, Minnesota, Massachusetts, In Ontario, Ottawa, Toronto, New, New York State, Vermont, New York City, Manhattan, Quebec, Lake Superior, New York, “, Connecticut , Massachusetts

June 5 (Reuters) - The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The states moved last month for a ruling permanently blocking the rule, which took effect Jan. 30. The Biden administration on Friday said the rule makes clear that retirement plans must base decisions primarily on financial factors. But unlike the Trump-era rule, it also recognizes that issues such as climate change and social justice can impact companies' long-term financial health, the Justice Department said. The judge in March rejected the Biden administration's claim that the states were improperly "judge shopping" by filing the lawsuit in Amarillo, where Kacsmaryk is the only judge.

Persons: Biden, Trump, Sean Reyes, John Scott, Joe Biden, Matthew Kacsmaryk, Donald Trump, Kacsmaryk, Daniel Wiessner, Alexia Garamfalvi Organizations: Republican, U.S . Department of Justice, U.S . Department of Labor, Trump, Justice Department, Interim Texas, Congress, District, Biden, Thomson Locations: Amarillo , Texas, Utah, Texas, U.S, Amarillo, Albany , New York

☆ Tim Scott Defends Remarks on Race on ‘The View’
▼ + stars: | 2023-06-05 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

The chatty daytime talk show “The View” might seem like an unlikely platform for Tim Scott, a senator from South Carolina and a presidential candidate, to get his footing with Republican primary voters, but he saw an opening on Monday and tried to make the most of it. Mr. Scott, the first Black Republican from the South elected to the Senate since Reconstruction, had asked for an audience on the show after a co-host, Joy Behar, said Mr. Scott “doesn’t get it” when he denies the existence of systemic racism, which is why, she said, he is a Republican. Before a largely white, partisan crowd in Des Moines, Iowa, on Saturday, Mr. Scott had promised his appearance would make sparks fly, but in the end, the senator and the co-hosts largely spoke past one another. He said that suggesting that Black professionals and leaders are exceptions to the Black experience, not the rule, is “a dangerous, offensive, disgusting message to send to our young people today.”

Persons: Tim Scott, Scott, Joy Behar, Scott “ doesn’t, ” Organizations: Republican, Black Republican, Reconstruction Locations: South Carolina, Des Moines , Iowa

[1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. WTI was headed for its highest close since May 26 and Brent on track for its highest close since May 29. Open interest in futures contracts rose on Thursday to the highest since July 2021 for Brent and March 2022 for WTI. Oil traders have turned their attention to the June 4 meeting of OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia. On the demand side, manufacturing data out of China, the world's second biggest oil consumer, painted a mixed picture.

Persons: Brendan McDermid, Brent, WTI, Baker Hughes, Craig Erlam, Erlam, Shadia Nasralla, Andrew Hayley, Susan Fenton, Kirsten Donovan, David Gregorio Our Organizations: REUTERS, Congress, YORK, U.S, . West Texas, WTI, Senate, U.S . Federal Reserve, Organization of, Petroleum, Thomson Locations: New York Harbor, of, New York City, U.S, Russia, OPEC, Saudi, Saudi Arabia, China, Shanghai, Shenzhen, London, Beijing

☆ Douglas Elliman CEO on the health of high-end real estate
▼ + stars: | 2023-06-01 | 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 EmailDouglas Elliman CEO on the health of high-end real estateDouglas Elliman CEO Scott Durkin joins 'Squawk on the Street' to discuss the health of luxury real estate and more.

Persons: Douglas, Scott Durkin

The higher crude output came as production in Texas rose 1.8% to 5.398 million bpd, also its highest since March 2020, the EIA data showed. Consumption of crude oil has ticked higher since the pandemic, and after Russia's invasion of Ukraine caused a global reshuffling of oil and its products. Production in North Dakota fell 2.9% to 1.095 million bpd, the lowest since January. In New Mexico, output gained 1.2% to a record high 1.824 million bpd. Meanwhile, U.S. product supplied of crude and petroleum products - a proxy for demand - rose to 20.449 million bpd, the highest since November 2022, EIA data showed.

Persons: Stephanie Kelly, Scott DiSavino, Marguerita Choy Organizations: YORK, Energy, Thomson Locations: Texas, Ukraine, North Dakota, New Mexico

CNN —South Carolina Sen. Tim Scott on Monday will formally enter the Republican presidential primary as he seeks to upend a contest that has so far been dominated by coverage of former President Donald Trump and Florida Gov. The most prominent Black figure in the Republican Party, Scott will address supporters at his alma mater, Charleston Southern University, in his hometown of North Charleston. In 2010, he became the first Black Republican elected to the US House of Representatives from South Carolina in more than a century. Years later, after being appointed to his Senate seat (he won a special election to retain the seat), Scott made history as the first Black US Senator from his native South Carolina. “We know how dangerous Tea Party extremist Tim Scott is,” South Carolina Democratic Party chair Christale Spain said in a statement.

☆ Oracle's Larry Ellison gears up to spend millions to back Tim Scott's 2024 run
▼ + stars: | 2023-05-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Oracle co-founder and Republican megadonor Larry Ellison is preparing to spend millions of dollars backing Sen. Tim Scott's run for president. The Opportunity Matters Fund PAC has been rebranded for Scott's White House run with a new name: Trust In The Mission PAC, or TIM PAC. Another veteran Republican fundraiser told CNBC that Ellison is already planning to donate up to $10 million to the TIM PAC in the early going of Scott's run. Ellison has signaled to allies that he could give at least between $20 million and $30 million more this cycle, this person said. Ellison admires Scott a great deal for the senator's strong support for Israel, according to a lobbyist who's worked with Oracle and has known Ellison for years.

☆ Sen. Tim Scott kicks off 2024 presidential bid, entering GOP primary field led by Trump
▼ + stars: | 2023-05-22 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Trump has easily led the pack since launching his campaign last year, with Florida Gov. "Tim Scott is the real deal, and he will make a great president of the united states," Thune told the crowd in North Charleston before Scott took the stage. "This can't be another presidential campaign. The long-expected campaign kickoff came three days after Scott filed paperwork with the Federal Election Commission designating a principal committee for a presidential bid. "Tim is a big step up from Ron DeSanctimonious, who is totally unelectable," Trump wrote in a social media post earlier Monday.

☆ Tim Scott's biggest financial backer is Larry Ellison, a tech billionaire who owns the sixth-largest island in Hawaii and has poured $35 million into the senator's super PAC
▼ + stars: | 2023-05-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Ellison has pumped $35 million into Scott's super PAC, and could legally give him millions more. On Monday, Ellison attended Scott's campaign launch in North Charleston, where Scott described him as one of his mentors. Trump's political operation includes the "MAGA, Inc" super PAC, while Florida Gov. Ron DeSantis has enjoyed the support of the "Never Back Down" super PAC. Scott's campaign isn't the first time a Republican presidential candidate has heavily relied on a single megadonor.

☆ Biden bets DeSantis’ ‘Florida blueprint’ will help him flip the Sunshine State and win reelection
▼ + stars: | 2023-05-21 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +15 min

Shevrin Jones, a Florida state senator and member of the Biden campaign’s advisory board of elected officials, said he’s eager to tell the country the story of what he’s seen under DeSantis’ leadership. Biden and DeSantis and their wives walk to meet with local residents affected by Hurricane Ian in Fort Myers, Florida, on October 5, 2022. The voter registration advantage Florida Democrats had when President Barack Obama narrowly won the state in 2012 has flipped to Republicans. An adviser to the former New York City mayor told CNN that so far, there has been no outreach to Bloomberg’s operation from either the Biden campaign or the DNC. There was also a fleeting belief that they could push Biden over the top in Florida – though Trump ended up carrying the state by 3 points.

U.S. West Texas Intermediate (WTI) crude fell 97 cents, or 1.3%, to settle at $71.86. A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies. High interest rates boost borrowing costs, which can slow the economy and reduce oil demand. The strength of April U.S. economic data in addition to optimism about the debt ceiling negotiations have strengthened market expectations of a further hike, ANZ Research said in a note on Thursday. Another factor that could reduce oil demand was a fire in Mexico at the Salina Cruz refinery owned by Mexican state oil company Pemex.

☆ Wellness travel is rising among a particularly weary group of travelers — parents
▼ + stars: | 2023-05-10 | by ( Monica Pitrelli | Morgan Awyong | ) www.cnbc.com time to read: +6 min

But a new survey shows parents increasingly want in on a trend that isn't often aimed at families: wellness travel. The data showed an emerging picture of family travel — one in which parents may be starting to prioritize their own needs alongside those of their children. Traveling for physical health is up eight points among parents since last year, said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. Planning a wellness family vacationThough some wellness resorts only allow adults, places like The Farm at San Benito welcome guests of all ages. Planning your own wellness tripRather than a resort stay, parents can plan their own wellness trips based on their interests.

☆ Republicans dismiss fears that their debt ceiling bill would make the housing crisis worse for 1 million families as 'scaremongering'
▼ + stars: | 2023-05-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

House Republicans' debt ceiling bill would cut significant funding from federal housing services. HUD Secretary Marcia Fudge said the agency would suffer "the most devastating impacts in HUD's history" if the funding cuts in the bill are made law. He went on, "It's being positioned as congressional Republicans are heartless because they want to pass these spending cuts. "The House bill reduces spending to the levels we had in 2022. The last I checked, 2022 was not a horrid apocalypse sweeping across our country," Cruz told Insider on Wednesday.

☆ Putin has given up on his ambition to conquer Ukraine after military losses that may take a decade to repair, US intel claims
▼ + stars: | 2023-05-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Russian President Vladimir Putin has scaled back his ambitions in Ukraine, US intel says. Russia has suffered serious setbacks in its bid to seize control of Ukraine. But Ukrainian forces repelled the Russian military in the Kyiv region, then pushed them back along a broad front of territory they had seized in southern and eastern Ukraine. Despite the setbacks, last June Haines said Putin still believed that seizing control of most of Ukraine was possible. Putin may believe that a ceasefire would be to his advantage as a way of prolonging the conflict, and eroding Western support for Ukraine, said Haines.

☆ Banks are being used as weapons of destruction, says Janney's Christopher Marinac
▼ + stars: | 2023-05-04 | 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 EmailBanks are being used as weapons of destruction, says Janney's Christopher MarinacChristopher Marinac, Janney Montgomery Scott director of research, joins 'Power Lunch' to discuss regional banking stocks and what bank earnings are saying about the sector.

On its last day as the front-month, Brent futures for June delivery rose $1.13, or 1.4%, to $79.50 a barrel by 1:54 p.m. EDT (1754 GMT). U.S. West Texas Intermediate (WTI) crude rose $1.92, or 2.6%, to $76.68. "But, today there were headlines showing there may be a solution to the First Republic problem, and there was data pointing to a rise in oil demand and a decline in output," Flynn said. Fuel demand rose to nearly 20 million bpd, its highest since November, according to the Energy Information Administration (EIA). Crude prices have been lower in recent weeks and months due to uncertainty over further interest rate hikes that could reduce demand for oil.

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