DIRS.INFO The most relevant business & tech news

☆ Death toll in Spain's floods rises to 158, among Europe's worst storm disasters
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +5 min

A man with a shovel stands on a mud-covered street in the aftermath of torrential rains that caused flooding, in Paiporta, Spain, October 31, 2024. A view shows an area affected by heavy rains that caused flooding near Valencia, Spain, October 31, 2024. People stand next to damaged surface metro tracks in the aftermath of torrential rains that caused flooding, in Paiporta, Spain, October 31, 2024. Stranded cars are piled up on the street, following floods, in La Torre neighbourhood in Sedavi, Valencia, Spain, October 31, 2024. A woman kneels down against a wall as mud fills the street in Sedavi, Valencia, Spain, October 31, 2024.

Persons: Eva Manez, Angel Victor Torres, Mayor Maria Jose Catala, La Torre, Doce, Laura Villaescusa, Maribel Albalat, Antonio Molina, Molina's, Oscar Puente, Puente, Susana Vera, Pedro Sanchez, Ricardo Gabaldon Organizations: Rescue, Mayor, Reuters, La Torre, Interior Ministry, TVE Locations: Paiporta, Spain, Valencia, Germany, Romania, Portugal, La, Madrid, La Torre, Sedavi, Valencia city, Spanish, Utiel

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Worst drought in decades develops after one of driest months in US history
▼ + stars: | 2024-10-31 | by ( Mary Gilbert | ) edition.cnn.com time to read: +6 min

CNN —One of the driest months in United States history is coming to a close after causing the worst drought in more than 20 years in parts of the East as temperatures soar well above average there. As of October 25, the average precipitation across the Lower 48 was less than an inch. Only five months in the 129 years of records have ended with less than an inch of average precipitation over the Lower 48. Flash drought happens when drought conditions increase quickly, rather than over a multi-month or yearly timeframe, according to NOAA. It’s the state’s worst drought level since 2002.

Persons: haven’t, hadn’t, hasn’t, Hurricane Helene, Milton Organizations: CNN, National Oceanic, Atmospheric Administration, New, York, East, NOAA, Associated Press, New Jersey Forest Fire, National Interagency Fire Center Locations: United States, New York City, Philadelphia, Atlanta, Central, Hurricane, Florida, Hurricane Milton, Tampa, Midwest, New Jersey, Delaware, Pennsylvania, Mississippi, Ohio, Essex County , New Jersey, Michigan , New Jersey, Massachusetts, West Coast

☆ Majority of Mexico’s Supreme Court justices resigns after judicial reform
▼ + stars: | 2024-10-31 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Mexico City Reuters —Eight of 11 justices on Mexico’s Supreme Court have resigned and declined to participate in an election for the court scheduled for June, the court said on Wednesday. Seven of the jurists’ resignations are effective August 31, 2025, while Aguilar will leave office on November 30. The slate of resignations heightens tensions between Mexico’s Supreme Court and the ruling bloc, increasing the risk of a constitutional crisis as Congress and the presidency remain at odds with the judiciary over the reform. In her letter to the Senate on Wednesday, Rios said her resignation “should not be seen as an implicit endorsement of a (reform) framework that remains controversial.”The 11-member Supreme Court will see its number reduced to nine as part of the reform. Three current justices have publicly backed the reform.

Persons: Norma Pina, Luis Maria Aguilar, Jorge Mario Pardo, Alfredo Gutierrez, Alberto Perez, Javier Laynez, Juan Luis Gonzalez, Margarita Rios ., Aguilar, ”, Gutierrez, Rios Organizations: Reuters, Mexico’s Locations: Mexico

☆ Here are Thursday's biggest analyst calls: Meta, Coinbase, Microsoft, Robinhood, Wingstop, Target & more
▼ + stars: | 2024-10-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Thursday: Goldman Sachs reiterates Microsoft as buy Goldman says the stock remains extremely attractive following earnings on Wednesday. Bank of America reiterates as Meta as buy Meta remains a "top AI pick" following earnings on Wednesday. Deutsche Bank downgrades Kraft Heinz to hold from buy Deutsche says it sees "reduced growth" following earnings. BTIG upgrades Wingstop to buy from neutral BTIG said investors should buy the dip following earnings on Wednesday. "We are upgrading shares of Wingstop to Buy from Neutral with a $370 price target following the post-earnings selloff in shares yesterday."

Persons: Goldman Sachs, Goldman, Al, Oppenheimer, Wolfe, Bernstein, it's, JPMorgan downgrades Brinker, Morgan Stanley downgrades Biogen, Morgan Stanley, Deutsche Bank downgrades Kraft Heinz, KBW, Wells, Wells Fargo, L3Harris Organizations: Microsoft, Bank of America, Meta, JPMorgan, Chili's, Corp, Deutsche Bank, Deutsche, Walmart, Technologies, of America Locations: Robinhood, 4Q24, OW

☆ South Carolina death row inmate cites race of jurors in request for stay
▼ + stars: | 2024-10-31 | by ( Andy Rose | ) edition.cnn.com time to read: +6 min

Moore is the last person remaining on South Carolina’s death row to be convicted by a jury with no Black members, his defense attorneys say. “No other South Carolina death penalty case has involved an unarmed defendant who defended himself when the victim threatened him with a weapon,” they said in a statement. “He’s a human being who made mistakes,” Lyndall Moore told the AP. Moore’s attorneys responded Wednesday the case’s “unique procedural backdrop” should allow the justices to consider their arguments. Henry McMaster Meg Kinnard/APIn an earlier federal court request for a stay of execution, Moore’s attorneys expressed concern about McMaster’s past comments regarding clemency for death sentences, the ruling denying that request shows.

Persons: “, Richard Moore, Moore, James Mahoney, Mahoney, ”, Henry McMaster, ” Lyndall Moore, Trey Gowdy –, –, Gowdy, Gowdy’s, general’s, McMaster, Henry McMaster Meg Kinnard, … ” Organizations: CNN, US, Defense, Republican, Associated Press, Gov, AP, Supreme, GOP, Correctional Institution, Columbia . South Carolina Department of Corrections, Spartanburg Herald, South Carolina Gov, McMaster Locations: South Carolina, Spartanburg County, Carolina, Broad, Columbia .

☆ Bird flu was detected in a pig, and it could be a tipping point threatening more human transmission
▼ + stars: | 2024-10-31 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

A pig has tested positive for H5N1 bird flu in a backyard farm in Oregon. The H5N1 bird flu was detected in a pig in Oregon, the first instance of a swine infection in the US, officials announced on Wednesday. Pigs get both bird flu viruses and human flu viruses, making them a genetic mixing bowl where H5N1 could gain genetic mutations that help it spread between humans. AdvertisementWhy pig infection could be a tipping pointPigs play host to both bird flu viruses and human flu viruses. Inside a pig, the H5N1 bird flu virus could pick up genetic mutations that help it adapt to better infect human bodies.

Persons: —, Stacey Schultz, Cherry, Jude Children's, Jeremy Farrar, Diego Vara, Florian Krammer, Cynthia Goldsmith, Jackie Katz, Schultz, Richard Webby, Jude, Robert Giroux Organizations: Service, St, Jude Children's Research, World Health Organization, Reuters, US Department of Agriculture, USDA, Icahn, of Medicine, STAT, CDC, AP, WHO Locations: Oregon, South America, Sao Jose, Norte, Brazil, New York, St, New York City

☆ 'The Golden Bachelorette' star Joan Vassos explains why she took sex off the table for Fantasy Suites week
▼ + stars: | 2024-10-31 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

"The Golden Bachelorette" star Joan Vassos opted for no physical intimacy during Fantasy Suites week. AdvertisementPrior to making her debut as the first-ever Golden Bachelorette, Joan Vassos decided on one non-negotiable for Fantasy Suites week: no sex with any of her suitors. In a departure from the usual Fantasy Suites experience, the Golden Bachelorette reveals that she's not going to be physically intimate with any of the contestants. 'The Golden Bachelorette" star Joan Vassos with contestants Guy, Pascal, and Chock. New episodes of "The Golden Bachelorette" premiere on Wednesdays on ABC and stream the next day on Hulu.

Persons: Joan Vassos, Joan, —, Gerry Turner, Jerry Springer, Guy, Pascal, she's, Chock, Gilles Mingasson, Disney Joan Organizations: Service, Business, ABC Locations: Tahiti, Hulu

☆ Spain hit by deadliest floods in decades. Here’s what we know
▼ + stars: | 2024-10-31 | by ( Sophie Tanno | Laura Paddison | ) edition.cnn.com time to read: +7 min

Oscar Del Pozo/AFP/Getty ImagesAt least 40 people, six of whom were in a retirement home, died in the town of Paiporta in Valencia, Spanish state news agency EFE reported, citing its mayor. Extreme rain warnings were put in place for some areas including around Valencia, according to Spain’s Meteorological Agency, AEMET. “This suggests the system for alerting people to the dangers of floods in Valencia has failed, with fatal consequences. Extreme weather warnings continue for portions of eastern and southern Spain, according to AEMET, with more rain expected. This week’s floods are the most deadly Spain has suffered in decades.

Persons: Oscar Del Pozo, EFE, Margarita Robles, Carlos Mazon, Hannah Cloke, ” Cloke, ”, Pedro Sanchez, Sanchez, don’t, Eva Manez, Ernesto Rodríguez Camino, Vega Organizations: CNN, Vehicles, Getty, Spain’s, Spain’s Meteorological Agency, UK’s University of Reading, Valencia, Spanish, Spanish Securities, Emergencies, Spanish Meteorological Association Locations: Spain, Valencia, Spanish, Letur, AFP, Paiporta, Murcia, Malaga, Andalusia, Spain’s, Europe, Orange, Castellon, Ribadelago, Biescas, Germany, Belgium

☆ Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000
▼ + stars: | 2024-10-31 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines for blocking pro-Russian channels on YouTube. The virtually unpronounceable penalty amounts to $20 decillion — or around $20 billion trillion trillion. Russian state media TASS reported this week that a Russian court has ordered Google to restore the YouTube channels or else face mounting charges. In quarterly earnings published this week, the company referred to “ongoing legal matters” relating to its business in Russia.

Persons: “ Organizations: London CNN —, Google, YouTube, International Monetary Fund, TASS, ” TASS, CNN Locations: London CNN — Russia, Russia, “, Ukraine

☆ America won the war on inflation. You still think the economy stinks
▼ + stars: | 2024-10-31 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Although sentiment is improving (more on that soon), poll after poll suggests that Americans hold largely negative views about the US economy. And the US economy remains a job-creation machine, adding 368,000 jobs per month on average during the Biden administration, a record high. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. A recent study from the Brookings Institution, released last week, found a correlation between economic sentiment and political affiliation with the party in control of the White House. When Trump took office, Republican economic sentiment surged, while Democratic sentiment cratered.

Persons: Kamala Harris, Joe Biden, Biden, Trump, Covid, That’s, Donald Trump, they’re Organizations: CNN, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Republican, Democrat

☆ Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
▼ + stars: | 2024-10-31 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Thursday that Microsoft shares below $400 each would be an interesting buy level. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.

Persons: Jim Cramer, Stocks, Thursday's, Eaton, it's, Jim, Linde, Sanjiv Lamba, Estee Lauder, Bristol Myers, Uber, Jim Cramer's Organizations: CNBC, Nasdaq, Microsoft, Apple, Nvidia, Linde, Merck, LIN Locations: SharkNinja

☆ Photos: Flash flooding in Spain
▼ + stars: | 2024-10-31 | by ( Noemi Cassanelli | ) edition.cnn.com time to read: 1 min

Rescuers are scrambling to find dozens of people missing after severe flash floods ripped across southern and eastern Spain, where some areas received up to 12 inches of rain in just a few hours. At least 95 people were killed, with the majority of deaths in the worst-hit region of Valencia, after being hit by the worst rainfall in the region in 28 years. The deluge of floodwater overturned cars, inundated highways and forced people to flee to rooftops to wait for rescuers. Emergency services in Valencia, the city of Malaga, and Castile-La-Mancha, among other regions, said search and rescue missions were still under way.

Locations: Spain, Valencia, Malaga, Castile, La, Mancha

President Harris would probably put more pressure on Israel to reach a cease-fire and open up talks with the Palestinians. Ukrainians worry that a President Trump would force a quick and dirty peace deal favorable to Russia. They hope a President Harris would continue to support them on the battlefield. Under President Harris, that would probably mean continuity with the Biden administration policies that have become much more restrictive over time. Migrants from all over the world pass through Mexico to get to the U.S. border, and the United States can’t control the flow of migrants without Mexico’s assistance.

Persons: Israel Patrick Kingsley, Harris, Trump, Benjamin Netanyahu, Ukraine Anton Troianovski, Volodymyr Zelensky, Vladimir V, Putin, Biden, China Keith Bradsher, NATO Steven Erlanger, United States doesn’t, “ I’m, Ana Swanson, Donald Trump, haven’t, South Africa John Eligon, Biden —, Harris —, Mexico Natalie Kitroeff, Somini Sengupta Organizations: Trump, U.S, Manufacturing, NATO, The Times, Global, United, Biden Locations: Jerusalem, Israel, Gaza, Iran, Russia, Ukraine, Moscow, United States, America, Europe, China, Beijing, Taiwan, Japan, South Korea, Philippines, India, —, Hungary, Italy, Germany, South Africa, Johannesburg, Africa, Zambia, Indian, Brazil, Ethiopia, BRICS, Mexico, Mexico City, U.S

☆ Tim Burton’s macabre world and its enduring allure
▼ + stars: | 2024-10-31 | by ( Tacita Quinn | ) edition.cnn.com time to read: +8 min

Despite making films for over 40 years, Tim Burton’s visual style — a signature blend of light and dark — continues to defy neat description. Burton devoured everything from horror films to Ray Harryhausen animations, science fiction B movies and Japanese Kaiju monster films. Beyond Hollywood, Burton’s work has been inspiring the world of fashion for decades. The late Alexander McQueen’s Fall-Winter 2002 show, ‘Supercalifragilisticexpialidocious,’ featured a now-iconic Batman-esque parachute cape inspired by Burton’s work. Jenna Ortega as Wednesday Addams in Tim Burton's 2022 series Wednesday.

Persons: Tim Burton’s, Van, ”, Maria McLintock, Tim Burton, Jenna Ortega, Winona Ryder, Johnny Depp, Edward Scissorhands, Shutterstock, Tim, ” McLintock, Burton, Ray Harryhausen, Dr Seuss, “ Vincent ”, Vincent Price, Vincent, Jack Skellington’s, Edward Scissorhands’s, Sparky, Monica Bellucci’s, Jenny He, Jenny, Tim …, ” Brand Burton, Colleen Atwood’s, Atwood, Sweeney Todd ”, Christina Ricci’s, Michelle Pfieffer, Eva Green, Alexander McQueen’s, ‘, ’, Tim Walker, Sophia Webster’s, Lydia Deetz, ” Tish Weinstock, Sabrina Carpenter’s, Weinstock, Wednesday Addams, Tim Burton's, —, he’s Organizations: CNN, Design, Netflix, Century Fox, California Institute of Arts, Disney, Warner Bros, Warner Bros ., Dc, MoMA, British Vogue Locations: Burbank , California, British

☆ As Diwali begins, these 4 Indian stocks are set to rise over 30%, analysts say
▼ + stars: | 2024-10-31 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

The new year is commencing with most sectors — and stocks — being overvalued, according to Kotak's analysts. Here are four buy-rated Indian stocks with over 30% potential upside that analysts are betting on this Diwali. Kotak has a 12-month target price of 2,140 Indian rupees ($25.45) on the stock, implying around 40.8% potential upside. Other factors in its favor include regulatory tailwinds promoting recycling and the formalization of reverse charge mechanism on metal scrap, Kotak's analysts wrote in a Sept. 30 note. "SHK['s] tiny relative to global majors, but its technical capabilities are reputable," Kotak's analysts wrote in their Sept. 30 re-initiation report.

Persons: Kotak, Kelkar, Gabriel India, — Organizations: South, Kotak Securities, Bombay Stock Exchange, Industries Fiem Industries, India's National Stock Exchange, Company, BSE, Anand, Gabriel Locations: India, automotives

☆ Amazon's advertising business grew 19% in the third quarter
▼ + stars: | 2024-10-31 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +1 min

Amazon's online advertising business brought in $14.3 billion in the third quarter, up 19% year over year, in line with analysts' estimates of $14.3 billion. The Seattle tech giant revealed the financial results of its growing advertising unit as part of its latest earnings report Thursday. Amazon's overall third-quarter sales were $158.9 billion, ahead of analysts' estimates of $157.2 billion. Amazon's online advertising business is still a fraction of the company's overall business, but its growth over the years has made it a major competitor to Alphabet and Meta , which lead the digital advertising market. Meta's third-quarter advertising revenue came in at $39.9 billion, which was up 19% compared with the year prior.

Persons: Amazon's Organizations: Google, Meta, CNBC, Emarketer, YouTube Locations: Seattle

☆ Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
▼ + stars: | 2024-10-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Despite the progress, Peloton is expecting to lose more members and sell fewer bikes and treadmills than Wall Street analysts had expected during its all-important holiday quarter. The company is expecting to have between 560,000 and 580,000 paid app subscribers by the end of its current quarter, compared with expectations of 608,200, according to StreetAccount. It's expecting adjusted EBITDA of between $20 million and $30 million during its current quarter, compared with StreetAccount EBITDA estimates of $13.9 million. For fiscal 2025, Peloton raised its full-year EBITDA guidance – a key metric that investors are watching to gauge the company's future value. It said it's now expecting to generate between $240 million and $290 million in adjusted EBITDA, compared with a previous range of $200 million and $250 million.

Persons: It's, Barry McCarthy, McCarthy, Peter Stern, it's Organizations: Sporting Goods, Wall Street, LSEG Locations: Daly City , California, North America

☆ Salma Hayek Pinault and her billionaire husband keep their finances separate — just like many Gen Z and millennial couples
▼ + stars: | 2024-10-31 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Salma Hayek Pinault told the Wall Street Journal that she and her husband keep their finances separate. Many young couples are also choosing to keep their finances separate rather than having joint accounts. AdvertisementSalma Hayek Pinault said she and her husband, François-Henri Pinault, the billionaire CEO of Kering, keep their finances separate. Hayek Pinault told The Wall Street Journal in an interview published Tuesday that she did not sign a prenup, unlike many high-net worth individuals do before they marry. That was compared to 24% of Gen Xers (aged 44 to 59) and 16% of baby boomers (aged 60 to 78).

Persons: Salma Hayek Pinault, Henri Pinault, —, François, Hayek Pinault, Gucci, Balenciaga, Alexander McQueen, Saint Laurent, Hayek, Salma Hayek, Vittorio Zunino Celotto, Gen Zers, Gen Xers, millennials, ERIC PIERMONT, Gillian Coote, Coote, It's, Jen Glantz Organizations: Wall Street Journal, Service, The Times, Wall Street, Bank of America, Baby Boomers, Getty, Coote Family, Guardian, Business Locations: London, AFP, New York City

☆ Treasury Department announces new Series I bond rate of 3.11% for the next six months
▼ + stars: | 2024-10-31 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Mandel Ngan | AFP | Getty ImagesHow I bond rates workI bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. You can see the history of both parts of the I bond rate here. The variable rate is based on inflation and stays the same for six months after your purchase date, regardless of the Treasury's next announcement. How I bond rate changes affect current holdersIf you currently own I bonds, there's a six-month timeline for rate changes, which shifts depending on your original purchase date. But your fixed rate would remain at 1.30%.

Persons: Mandel Ngan, there's Organizations: US Department of Treasury, AFP, Getty, Treasury Locations: Washington ,

☆ The top 10 most affordable college towns in the U.S.—nearly half are in Texas
▼ + stars: | 2024-10-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

For the second year in a row, a Texas locale ranks at the most wallet-friendly college town in the U.S., according to WalletHub's latest ranking. But this year, Edinburg — home to the University of Texas, Rio Grande Valley — didn't maintain its first-place position. The city is home to a number of colleges, including Texas Southmost College and Our Lady of the Lake University at Rio Grande Valley. Brownsville is located at the most southern tip of Texas, about four and a half hours south of San Antonio. Here are the 10 most wallet-friendly college town and cities in the U.S., according to WalletHub:

Persons: WalletHub Organizations: Edinburg, University of Texas, Texas Southmost College, Our, Lake University Locations: Texas, U.S, Rio Grande, Brownsville , Texas, Rio Grande Valley, Brownsville, San Antonio

☆ Comcast says it's thinking of getting out of the cable TV business
▼ + stars: | 2024-10-31 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Cable TV networks look like they're in permanent decline. AdvertisementThe future of cable TV channels is not looking good, at all. And basic cable TV networks are bearing the brunt of the collapse. Programming from the cable networks, for instance, is part of the pitch behind its Peacock streamer. question — if Comcast doesn't want these assets contaminating its core business, why would anyone else want to own it?

Persons: —, MSNBC —, WBD, Mike Cavanagh, There's, Craig Moffett, Cavanagh, They're, Brian Roberts Organizations: Cable, Comcast, Warner Bros, Service, CNBC, MSNBC, NBC Universal, NBC, Discovery, Paramount Locations: Bravo, USA

☆ Morgan Stanley is launching an investing index tied to sports teams
▼ + stars: | 2024-10-31 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Morgan Stanley is introducing a new portfolio for investors tied to the most prominent sports leagues. Morgan Stanley is hoping to change that. The idea for the new offering first came about when a Morgan Stanley client asked the bank to design a portfolio made up of the companies that support a specific sport. "This one person represents many, and multiples of many that are looking to invest in sports as a fan looking to get engaged." Morgan Stanley says the portfolio will mimic the risk characteristics of the S&P 500.

Persons: Morgan Stanley, Sandra Richards, Morgan Stanley's, Richards Organizations: Thursday, League, Sports, Morgan Stanley's Global Sports, Entertainment, Nielsen Sports

☆ North Korean troops will become 'cannon fodder' if they join Russia's war against Ukraine, South Korea says
▼ + stars: | 2024-10-31 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

South Korea's UN ambassador says North Korean soldiers will become "cannon fodder" in Ukraine. AdvertisementNorth Korean troops headed to fight in Ukraine will "end up as mere cannon fodder," Joonkook Hwang, the South Korean ambassador to the UN, said on Wednesday. 'Cannon fodder'The news of North Korea's troops joining Russian troops comes as Russia has struggled to find the manpower for its military. Hwang's prediction of the fate that awaits North Korean troops echoes comments Ukraine and the US have made over the course of the war. AdvertisementIn June, the Pentagon said North Korean soldiers will become "cannon fodder" if they are sent to aid the Russian war effort.

Persons: —, Joonkook Hwang, Hwang, Kim Jong, Cannon, Vladimir Putin, Kim Jong Un Organizations: North, Service, South, UN, UN Security, Ukraine, Russian, Pentagon, Business Locations: UN, Ukraine, North Korea, South Korean, New York, Russia, South Korea, North, Iran, DPRK, Europe

☆ CNBC Sport: ESPN Chairman Jimmy Pitaro on the most important bet in media
▼ + stars: | 2024-10-31 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +19 min

ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.

Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, –, He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida

Search resuls for: "Jain Institute of Management

25 mentions found