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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday's rapid fire: Kimberly-Clark, Nike, Dave & Buster's, Netflix and Coca-ColaCNBC's Jim Cramer weighed in on big analyst calls and earnings reports in Thursday's session.
Persons: Clark, Jim Cramer Organizations: Nike, Dave, Buster's, Netflix
New York CNN —Americans are fed up with massive CEO pay packages. Just 13% say companies are doing a good or excellent job at avoiding a major pay gap between CEOs and average employees. For the third year in a row, the vast majority – 66% — say companies are doing a “poor” job here. Politically, the majority of Democrats (96%), independents (83%) and Republicans (67%) agree that it’s important to avoid major pay gaps. The findings show how the issue of CEO pay strikes a chord among many Americans, some of whom are struggling to make ends meet in an increasingly expensive world.
Persons: Gallup, , Nell Minow, Elon Musk, Tesla, , Cynthia Clark, Bernie Sanders, Elizabeth Warren, “ It’s, Bill George, Medtronic, Hock Tan, William Lansing, George, Dave Calhoun, Dodd, Frank, Clark, ” Minow, Minow Organizations: New, New York CNN, Bentley University, Gallup, CNN, ValueEdge Advisors, Associated Press, , Democrats, Sens, Broadcom, Harvard Business School, Boeing, Congress Locations: New York,
Lawmakers brawl in Italian parliament session
  + stars: | 2024-06-12 | by ( Sean Clark | ) edition.cnn.com   time to read: 1 min
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John Della Volpe, who has been doing intensive research on young voters, said older voters have embraced Biden's policies, such as lowering the cost of prescription drugs, whereas younger voters don't feel similar benefits from them. Rep. Ann McLane Kuster, D-N.H., said older voters in her state and elsewhere are attracted to Biden's "steady hand." At the same time, Biden had a narrow lead among voters 65 and older, according to the poll. While Trump won voters 65 and older in the 2016 election by 7 percentage points, Biden narrowed that gap to 5 points in 2020. The Biden campaign hopes to maintain his apparent momentum among older voters in part by contrasting Biden's proposals for seniors with Trump's policies.
Persons: Biden, Joe Biden, Al Gore, Harris, Douglas Emhoff, Jill Biden, Ronald Reagan's, John Della Volpe, Della Volpe, Lisa Clark, Clark's, Ann McLane Kuster, Kuster, Roe, Wade, Donald Trump, — Biden, Trump, it's Biden, Kamala Harris, Mia Ehrenberg, Richard Fiesta Organizations: Biden, Democrat, Democratic, NBC, Republican, an Air Force, Trump, Social Security, Alliance, Retired, Medicare, Fiesta Locations: New Hampshire, France, Vietnam, Wisconsin
CNN —USA Basketball’s decision to omit Caitlin Clark from the Olympic roster was initially met with some shock. However, USA Basketball has made a “terrible decision,” according to CNN Sport analyst Christine Brennan, by omitting a phenomenon like Clark from the roster. Breanna Stewart, a two-time WNBA champion, Brittney Griner, a nine-time All Star and A’ja Wilson, a two-time MVP, have all represented Team USA at an Olympic Games before. “She’s the biggest thing in sports, not just women’s basketball in the United States,” Brennan said of why Clark should be included. With or without Clark, Team USA is the overwhelming favorite to win gold in Paris and continue its unbeaten Olympic record stretching back to 1992.
Persons: Caitlin Clark, Clark, wasn’t, , Christine Brennan, She’s, ” Clark, Brian Spurlock, I’m, Alyssa Thomas’s, Diana Taurasi’s, Breanna Stewart, Brittney, A’ja Wilson, Greg Fiume, Sabrina Ionescu, Jackie Young, Stewart, Betnijah Laney, it’s “, “ I’ve, , that’s, ” Brennan, Caitlin, Don Riddell, Brennan, Gregory Shamus, Diana Taurasi, Diana, , ” Stewart, Taurasi, Paige Bueckers, USA, Jennifer Rizzotti, she’s, Jayne Kamin, There’ll, Rebecca Lobo, Candace Parker, , Christian Laettner, women’s Organizations: CNN, USA, WNBA, CNN Sport, Chicago Sky, Indiana Fever, Indiana, Team USA, Olympic, Getty, NCAA, Hamilton, Fever, Basketball, , Iowa, Sports, Reuters, USA Basketball, Team USA’s, NBA Locations: Paris, , Iowa, Long, men’s, United, United States, Clark, America, Africa, Europe
Gen Alpha tweens who spoke with Business Insider are unconvinced that fear of aging is behind their new obsession. Related VideoGen Alpha's spending powerBy all accounts, Gen Alpha is going to be a mighty generation of big spenders. But Gen Alpha skincare enthusiasts are taking their newfound habit seriously. The survey of nearly 3,000 respondents included 537 US-based 13- to 17-year-olds who were asked about antiaging, skincare, and beauty. Where influences lieIt may be that Gen Alpha kids are learning from their parents as children of millennials and Gen Zers.
Persons: , Alpha tweens, Gen Alpha, They're, Zers, Gen Alphas —, NIQ, Alpha, Janice Miller, Miller, I've, Jenny Grant Rankin, Piper Virginia Rankin, Piper, Valerie Aparovich, Aparovich, Shayan, Rankin's, antiaging, Thorne, YouGov, Z, Alphas, BI's Eve Upton, Clark, tweakments, Geeta Yadav, Yadav, Dr, Alexandra Forsyth, Forsyth, Maeve Organizations: Service, Alpha, Business, Bliss, NYU School of Medicine, Gen Alpha, Mashable Locations: skincare, Sephora, millennials
Indiana Fever guard Caitlin Clark (22) maneuvers past Washington Mystics guard Ariel Atkins (7) and Washington Mystics guard DiDi Richards (12) during the Washington Mystics-Indiana Fever WNBA game at Capital One Arena in Washington, D.C., on June 7, 2024. Across ABC, ESPN, ESPN2 and CBS, the WNBA is averaging 1.3 million viewers per game, tripling last season's average of 462,000 viewers. About 400,000 fans attended games in May, the most first-month attendees in 26 years, according to the league. The number of people tuning in to games on TV grew 60% year over year among people of color. Viewership in the first week of the season more than doubled for young girls and people under age 35.
Persons: Caitlin Clark, Ariel Atkins, DiDi Richards, Angel Reese, We're, Colie Edison Organizations: Indiana, Washington Mystics, Indiana Fever, Capital, Washington , D.C, NCAA, Women's National Basketball Association, ABC, ESPN, ESPN2, CBS, WNBA, Chicago Sky Locations: Washington ,, Jersey
The WNBA just had its most-watched games ever
  + stars: | 2024-06-10 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
The league also said Monday it had its most-watched start of the season games ever across all six networks that broadcast matches — ABC, ESPN, ESPN2, CBS, ION and NBA TV. Women’s basketball is experiencing a boom thanks to the phenomenon around WNBA rookie Clark. Since then, her entry to the WNBA, along with other players like Reese, has kicked off a new era in the league. Tick Pick, an online ticketing site, reported a 435% increase year over year in total tickets sold for WNBA games in May, with the average price of the tickets increasing 60%. Indiana Fever had a whopping 4,493% increase in May tickets sold.
Persons: Caitlin Clark, Angel Reese, Clark, Reese, we’ve, , Edison, Los Angeles Sparks’s Cameron Brink, Kate Martin, Tick Pick Organizations: New, New York CNN, WNBA, ABC, ESPN, ESPN2, CBS, ION, NBA, NCAA, Iowa Hawkeyes, South Carolina Gamecocks, Indiana Fever, Chicago Sky, Las Vegas Aces Locations: New York, alma, Los Angeles
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Here are some little-known secrets even the biggest Disney fans might not know about Magic Kingdom. There's a hidden homage to Walt Disney at the front of the parkWalt Disney Was born in 1901. Kim Renfro/INSIDERAlthough Space Mountain is an iconic attraction that has become synonymous with the park, it was not an opening-day attraction at Magic Kingdom in 1971. There are locations in both Disneyland and Disney World, and the Magic Kingdom Club 33 is located at the entrance to Adventureland near the Adventureland Bazaar. The Walt Disney World Railroad spans 1.5 miles across the parkMagic Kingdom's 20-minute train ride stops on Main Street, in Frontierland, and in Fantasyland.
Persons: , Walt Disney, Jenna Clark, Walt, isn't, Roberto Machado Noa, it's, Jenna Clark Gaston's, It's, Kim Renfro, Mickey Mouse's, Mickey, Mickey Mouse, ROBERT SULLIVAN, who've, Walter E, Lilly Belle, Walt's, Lillian, Roy O, Roger E, Jenna Clark Just Organizations: Service, Disney, Magic, Business, Walt, Kingdom, Barber, Getty, Magic Kingdom, Kingdom's, Adventureland, Cinderella, Walt Disney World Railroad, Liberty, Hollywood Studios Locations: aren't, Frotierland, USA, New Fantasyland, Tomorrowland, Magic, Pinocchio's, Adventureland, There's, AFP, Frontierland, Fantasyland
CNN —USA Basketball’s roster for the women’s Olympic basketball team that will chase gold in Paris this summer will not include WNBA rookie sensation Caitlin Clark, according to CNN sports analyst Christine Brennan. The US women’s team will play an exhibition game against Germany in London on July 23 before their first game of the 2024 Paris Olympics on July 29. The USA women’s 3x3 team features some of America’s younger talent. 3x3 basketball is being contested in just its second Olympic games, with the US winning the inaugural women’s gold medal in Tokyo in 2021. The USA women’s national team, consistently loaded with a surplus of talent, has won gold at seven straight Olympic Games dating back to 1996.
Persons: Caitlin Clark, Christine Brennan, Brennan, , Brittney Griner, Diana Taurasi, Breanna Stewart, Griner, , Cameron Brink, Hailey Van Lith, Rhyne Howard, Cierra Burdick Organizations: CNN, USA, Olympic, WNBA, ” CNN, USA Basketball, Olympics, US, Germany, USA women’s Locations: Paris, Russia, London, Japan, Belgium, Germany, Spain, Tokyo
Payden's assets have grown with the firm: As majority owner, she boasts an estimated net worth of roughly $700 million and is a "newcomer" on Forbes' recently published 2024 list of America's Richest Self-Made Women. "I was hired at a 25% discount because I didn't know the difference between a bond and stock," Payden told the Los Angeles Times in 1999. Within a couple years, she moved to Los Angeles to join Scudder, Stevens & Clark, a prestigious money management firm. She failed at least one of those attempts because she "didn't play golf" at an annual meeting on a men-only course, Payden told students at Notre Dame in 2011. Since then, she's built her firm into one of the largest private money management firms in the U.S.
Persons: Joan Payden, she's, Forbes, Payden, Merrill Lynch, Scudder, Stevens, Clark, wouldn't, Sandra Rygel, Payden wasn't Organizations: Payden, Forbes, Trinity College in, Trinity College in Washington , D.C, Los Angeles Times, Notre Dame, Trinity's, U.S, Zurich Insurance Group, CNBC Locations: Los Angeles, Trinity College in Washington ,, New Jersey, Swiss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow olive oil startup Graza brings in $48 million a yearDuring a visit to Spain, Andrew Benin discovered his passion for high-quality olive oil. He went on to found Graza, a single varietal olive oil, in 2022. Graza is projected to bring in $48.4 million in 2024.
Persons: Andrew Benin Locations: Spain
Mega backdoor Roth conversions can significantly boost tax-free retirement savings — but this maneuver is not available for all investors and mistakes are common, experts say. A mega backdoor Roth conversion involves after-tax 401(k) contributions, which are shifted to Roth accounts. The full 401(k) limit is $69,000 for 2024, including employee deferrals, employer matches, profit sharing and other deposits. Mega backdoor Roth conversions are "a great tool when used appropriately," but you need to know your goals first, said certified financial planner Jamie Clark, founder of Ruby Pebble Financial Planning in Seattle. More from Personal Finance:Mega backdoor Roth conversions can be a 'no brainer' for higher earners, expert saysWhy a five-day return to office is unlikely, Stanford economist saysHere's how 'spaving' could hurt your financesHere are some common mega backdoor Roth conversion mistakes and how to avoid them, according to experts.
Persons: Roth, deferrals, Jamie Clark, Stanford, Here's Organizations: Ruby, Financial, Finance, Mega Locations: Seattle
A Georgia appeals court on Wednesday halted the criminal election case against Donald Trump in the state pending the outcome of his bid to disqualify the district attorney prosecuting the former president. The order by the Georgia Court of Appeals all but guarantees that Trump and eight co-defendants in the case will not stand trial before the November presidential election, where Trump is the presumptive Republican nominee. The appeals court said it would hear arguments on Oct. 4 on Trump's effort to boot Fulton County District Attorney Fani Willis from the case. The appeals court must rule on the question by March 14, 2025, according to the court's website. The appeals court order Wednesday halting the case also applies to Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark and Harrison Floyd.
Persons: Donald Trump, Trump, Fani Willis, Scott McAfee, Willis, Joe Biden, Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark, Harrison Floyd, Michael Cohen, Stormy Daniels Organizations: Georgia, Trump, Republican, Fulton Locations: Georgia, Fulton, Fulton County, New York, Manhattan
CNN —Chicago Sky rookie Angel Reese was ejected late in the fourth quarter of her team’s 88-75 defeat by the New York Liberty on Tuesday after receiving back-to-back technical fouls. In a post on X, formerly Twitter, Chicago Bulls guard Lonzo Ball seemingly offered to pay Reese’s fine. “Ref that threw out @Reese10Angel is weak btw… You know who you are (Keep ya money Angel I got you),” Ball wrote on X. Reese finished the Commissioner’s Cup game with 13 points and 10 rebounds but shot 25% from the field. Breanna Stewart had a huge game for the Liberty, putting up a game high 33 points to go with 14 rebounds and three assists.
Persons: Angel Reese, Reese, Charles Watson, , waiving, Marina Mabrey, “ You’ve, Teresa Weatherspoon, , Lonzo, Angel, ” Ball, ” Reese, Breanna Stewart, Melissa Tamez, Chennedy Carter, Clark, Billie Jean King, Chris Evert’s, King, Maya Moore, Sheryl Swoopes, Candace Parker, Diana Taurasi, A’ja Wilson, Caitlin, Christine Brennan, we’ve Organizations: CNN, Chicago Sky, New York Liberty, WNBA, Twitter, Chicago Bulls, Liberty, Sky, tennis, USA
CNN —Chicago Sky forward Angel Reese said she will “take the bad guy role” in her rivalry with Caitlin Clark if it means continued growth for women’s basketball. Reese, who was seen clapping and hugging Carter after the hard foul on Clark, was fined for refusing to speak to the media after that game. In her first public comments since, Reese didn’t back away from her perceived role as the villain in her longstanding rivalry with Clark. 7 pick in the 2024 draft told reporters Monday: “Look where women’s basketball is. People are talking about women’s basketball that you never would think would be talking about women’s basketball.
Persons: Angel Reese, Caitlin Clark, Reese, Clark, Chennedy Carter, Carter, Hawkeye, Reese didn’t, I’ll, ” Reese, Brian Spurlock, It’s, Chennedy, it’s, “ I’m, ” Carter, “ We’ve, I’m, , Teresa Weatherspoon Organizations: CNN, Chicago Sky, Indiana, LSU team’s, Clark’s University of Iowa, NCAA,
The media is in meltdown over Caitlin Clark
  + stars: | 2024-06-04 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —The male-dominated sports media apparatus is stumbling over Caitlin Clark. He later apologized for using the slur, emphasizing that his broader thesis was that Clark’s star power created a halo around a league that’s been languishing in obscurity. “I was talking about how I hoped that the WNBA and sports media, ex-WNBA players, would show a little bit more respect to Caitlin Clark for what she has brought to the WNBA,” McAfee said on his show Tuesday. The league those women built has always been a physical one, a fact that Clark herself acknowledged in a postgame news conference. Much like Clark, the mainstream sports media is new to the WNBA.
Persons: Caitlin Clark, hasn’t, Chennedy, Clark, Pat McAfee, Clark —, ” —, , ” McAfee, it’s, McAfee, Charles Barkley, , Victoria Uwumarogie, Barkley, ” Clark isn’t, She’s “, who’ve, ” Uwumarogie, Monica McNutt, ” McNutt, Stephen A, Smith, huff, ’ ” McNutt Organizations: New, New York CNN, ESPN, Indiana, WNBA, TNT, CNN, Warner Bros . Locations: New York, Indiana, America, Iowa
Goldman Sachs reiterates Apple as buy Goldman said it's bullish heading into the company's Worldwide Developer's Conference on June 10. " Mizuho reiterates Meta as buy Mizuho said its sticking with its buy rating on the Meta. JPMorgan upgrades Krispy Kreme to overweight from neutral JPMorgan upgraded Krispy Kreme after a change in analyst coverage. Citi upgrades Best Buy to buy from sell Citi said in its double upgrade of the stock that it sees "upside potential." Goldman Sachs reiterates First Solar as buy Goldman raised its price target on the stock to $302 per share from $268.
Persons: Goldman Sachs, Goldman, it's, AAPL, Morgan Stanley, Tesla, We've, Jefferies, Mizuho, Wells, CAVA, Piper Sandler, Massimo, Piper, Clark, Melius, Guggenheim, Stifel, Bernstein, Airbnb, Roth, Marvell Organizations: : Bank of America, Nvidia, Bank of America, Apple, Conference, Meta, Citi, JPMorgan, JPMorgan downgrades, RBC, Kimberly, Broadcom, Guggenheim, Logistics, Auto Logistics, Inc, EBITDA, Qs, Marvell Locations: Computex, Taiwan, Siri, JPMorgan downgrades Cava
Citi double upgraded Best Buy to buy from sell, and its new price target indicates upside of 18%. MRVL YTD mountain MRVL year to date — Lisa Kailai Han 6:16 a.m.: Bank of America sticks to Nvidia as a top pick with 36% upside Nvidia remains a top pick for Bank of America. He also maintained his price target of $1,500 and named Nvidia a top pick following CEO Jensen Huang's keynote speech at the Computex expo this past weekend. Arya's price target implies that Nvidia stock could rise 36.8% from here, adding to its whopping 121% year-to-date rally. — Lisa Kailai Han 5:46 a.m.: Citi double upgrades Best Buy to buy rating from sell There's a rosy outlook for Best Buy ahead, according to Citi.
Persons: Kimberly, Clark, Goldman Sachs, Toshiya Hari, Hari, Marvell's, Lisa Kailai Han, Vivek Arya, Jensen, Arya, — Lisa Kailai Han, Piper Sandler, Masimo, Jason Bednar, Bednar, MASI, Steven Zaccone, Nik Modi, Modi, Fred Imbert Organizations: CNBC, Citi, RBC, Bank of America, Nvidia, Marvell Technology Marvell Technology, Enterprise Networking, Marvell, Sound, Kimberly, Clark Investors, RBC Capital Markets Locations: Friday's, Kimberly, KMB
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The recent Singapore Airlines turbulence incident and how the aftermath was handled offers a lesson to all in the industry, Emirates President Timothy Clark said. A Singapore Airlines flight encountered severe turbulence on its way from London to Singapore last month, leaving one person dead and several injured. The flight was forced to land in Thailand and preliminary investigation showed that the plane dropped 54 meters (178 feet) in less than five seconds. "No airline could have done more to try and - one, address the issue, and two, deal with the consequences than Singapore did," he said. Pilots engaged controls in an attempt to stabilize the aircraft while gravitational forces were fluctuating, according to the investigation report, which also noted that seat belt-fastening signals were switched on as the incident unfolded.
Persons: Timothy Clark, Clark, CNBC's Dan Murphy Organizations: Emirates, Singapore Airlines, International Air Transport, Pilots Locations: Singapore, London, Thailand, Dubai
CNN —ESPN host Pat McAfee is facing backlash after he called WNBA star Caitlin Clark a “White b*tch” during a rant on his show Monday while praising her accomplishments in the women’s basketball league. There is one White b*tch for the Indiana team who is a superstar.”McAfee went on to describe how Clark “carried” Iowa’s basketball program and shattered NCAA scoring records. But instead we have to hear people say we only like her because she’s White, and she’s only popular because the rest of the rookie class is doing what they’re doing. ET on X, formerly known as Twitter: “I shouldn’t have used ‘white b*tch’ as a descriptor of Caitlin Clark. “Referring to Caitlin Clark as ‘the white b*tch for Indiana.’ That’s beyond being too comfortable.
Persons: Pat McAfee, Caitlin Clark, McAfee, Clark, she’s, Guess, ” McAfee, Clark “, she’s White, , Caitlin, , Kim Adams, , Alexa Philippou, Nicole Auerbach, , Jemele Hill, Aaron Rodgers, baselessly, Jimmy Kimmel, Jeffrey Epstein, Kimmel, Rodgers, Norby Williamson, Williamson Organizations: CNN, ESPN, McAfee, NFL, WNBA, Indiana, NCAA, Athletic, NBC, Jemele, Indiana Fever, New York Jets, ABC Locations: Indiana
Emirates president warns of higher ticket prices
  + stars: | 2024-06-02 | 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 EmailEmirates president warns of higher ticket pricesTim Clark, president of UAE flag-carrier Emirates, says he is not optimistic about anything other than higher ticket prices in the future.
Persons: Tim Clark Organizations: Email Emirates, Emirates Locations: UAE
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