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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimone Biles handled herself 'beautifully' despite lots of pressure, says Octagon's Peter CarlislePeter Carlisle, Octagon managing director of the Olympics, joins 'Money Movers' to discuss what it takes to become an Olympic star, which celebrities have played their cards right, and whether there's a 'golden' sponsorship deal.
Persons: Simone Biles, Octagon's Peter Carlisle Peter Carlisle, Octagon
The cars in question are certain older Hyundai and Kia models made before 2023 that are particularly vulnerable to theft. So far, more than 2 million Hyundai and Kia vehicles have gotten the update, according to the automakers. By now, around 61% of eligible Hyundai vehicles have the software upgrade, a Hyundai spokesperson said. That said, not all of the vulnerable Hyundai and Kia models have the proper hardware to enable the software upgrade. For those vehicles that can’t get the software, Hyundai and Kia have been providing steering wheel locks.
Persons: ” Matt Moore, Kia —, South Korea —, Moore, Tok, , Organizations: CNN, Hyundai, Kia, Data Locations: South Korea
Vice President Kamala Harris has selected Minnesota Gov. Harris' campaign texted supporters Tuesday morning, calling Walz "a battle-tested leader who has an incredible track record of getting things done for Minnesota families" and asking for donations to support the new ticket. In picking Walz, who's in his second term and also served 12 years in Congress, Harris will have as her No. Harris also appreciates how different Walz is from her in terms of the contrast he can provide, the sources said. Karoline Leavitt, the Trump campaign press secretary, called Walz a "West Coast wannabe" who has tried "to reshape Minnesota in the image of the Golden State."
Persons: Kamala Harris, Tim Walz, Harris, texted, Walz, who's, Donald Trump, Joe Biden, they’ve, Harris ’, Josh Shapiro, Stephen Maturen, Walz's, Trump, , Biden, Jenn Ackerman, Sen, JD Vance, , Vance, Karoline Leavitt, ” Walz, Joe ”, , Picking Walz doesn't, George Floyd Organizations: Minnesota Gov, Democratic, Pennsylvania, Minn, Getty, Trump, Army National Guard, NPR, Marist, National Guard, House, Minneapolis Star Tribune, Democrats, New York Times, MAGA Inc, Golden, GOP, Midwestern, MAGA, Democratic National Convention Locations: Minnesota, Rust Belt, Wisconsin , Pennsylvania, Michigan, St, Paul, AFP, Nebraska, Mankato, Minneapolis, Minnesota’s, Golden State, America, U.S,
The super PAC also spent millions to defeat a fellow “squad” member, Rep. Jamaal Bowman, D-N.Y., in a June primary. 'Squad' member Cori Bush faces Democratic primary putting a spotlight on IsraelRep. Cori Bush is facing a tough primary in her fight for a third term. In Michigan’s 3rd District, Democratic Rep. Hillary Scholten faces multiple challenges to the seat she has held for nearly two years. So far, Trump has not weighed in on the Republican primary race. But in Kansas’ solidly Republican 2nd District, Trump and Conservatives for American Excellence are on the same side in Tuesday’s primary to replace retiring GOP Rep. Jake LaTurner.
Persons: Donald Trump’s, Cori Bush’s, William Lacy Clay Jr, Bush, Jamaal Bowman, Cori Bush, Allison Robbert, Wesley Bell, Dan Newhouse, David Valadao of, Newhouse, Trump, Jerrod Sessler, Tiffany Smiley, Smiley, Thanedar —, Mary Waters, Mike Duggan, Shakira Lynn Hawkins, Elissa Slotkin, Mike Rogers, Democratic Sen, Debbie Stabenow, Rogers, James Craig, Peter Meijer, Sandy Pensler, Justin Amash, , Hill Harper, Hillary Scholten, Scholten, Salim Al, Paul Hudson, Michael Markey, Republican John Gibbs, Joe Biden, Kamala Harris, Biden, Dan Kildee, Paul Junge, Mary Draves, Anthony Hudson, Matt Collier, Sen, Kristen McDonald, Pamela Pugh, Republican Tom Barrett, Curtis Hertel, State Jay Ashcroft, Mike Kehoe, Bill Eigel, Tuesday’s, Lucas Kunce, GOP Sen, Josh Hawley, Bob Onder, Blaine Leutkemeyer, Jake LaTurner, Derek Schmidt, Sharice Davids, Marie Gluesenkamp Perez, Joe Kent, Kent, Gluesenkamp Perez, Leslie Lewallen Organizations: Cori Bush’s Democratic, Democratic 1st District, United Democracy, American Israel Public Affairs Committee, Israel, PAC, Democratic, Bloomberg, Getty, Senate, Capitol, Republicans, Trump, Newhouse, America, Inc, Detroit City Council, GOP, Michigan's Senate, AP, National Republican Senatorial, Detroit Police, Republican Party, ABC, District, Michigan State University, Republican, Democrats, Biden, Congressional District, Democrat, Dow Chemical, Flint, Board of, State, Gov, Marine, American Excellence, Conservatives, American, Kansas Republicans, Army Locations: Missouri, — Missouri, Washington , Michigan, Kansas, Israel, Louis, David Valadao of California, Michigan’s 13th, Shakira Lynn Hawkins . Michigan, Michigan's, Michigan, Michigan’s, Grand Rapids, Rapids, Kent, Trump, Washington’s, Camas, Washington
London CNN —Social media has played a big role in fueling the anti-immigration riots engulfing towns and cities in the United Kingdom. Musk later apologized for what he called his “dumbest” ever social media post. The UK government this week vowed to prosecute “online criminality” and has pushed social media companies to take action against the spread of false information. “Social media has put rocket boosters under… not just the misinformation but the encouragement of violence,” UK Home Secretary Yvette Cooper said Monday. It is unclear that the UK government has the tools to hold social media platforms accountable for their role in the riots.
Persons: Elon Musk, Tesla, , , Axel Rudakubana, ” Isabelle Frances, Wright, Musk, White, dumbest, Tommy Robinson, Yvette Cooper, Keir Starmer, Peter Kyle, Rob Picheta, Lauren Kent Organizations: London CNN — Social, Institute for Strategic, IDS, CNN, BBC Radio, Facebook, Meta, Ofcom Locations: United Kingdom, , England, Israel, Gaza
It's a troubling thought, to be sure, but a longer workweek is already a reality for some workers. AdvertisementIt's the kind of thing that could make an employer less inclined to try something new — like a four-day workweek. Yet even without lackluster sales, Cappelli said, the four-day workweek was already unlikely to be widely adopted in the US. But, at the same time, Cappelli also doesn't think companies will push workers to come in on a sixth day. If companies use economic worries to reverse course on efforts like flexible work arrangements or to conduct layoffs, they put their own well-being at risk.
Persons: , Peter Cappelli, Cappelli, Laxman Narasimhan, workweek, Brigid Schulte, Schulte, " Schulte Organizations: Service, Samsung, Business, Intel, Wharton Business School, Workers, Liquor, Diageo, New America Locations: Greece
OpenAI just lost 3 key leaders, report says
  + stars: | 2024-08-06 | by ( Shubhangi Goel | ) www.businessinsider.com   time to read: +3 min
Read previewThree leaders at OpenAI have just left the company, according to a report by The Information, which cited a person familiar with the matter. Another cofounder, John Schulman, has left OpenAI to join rival AI firm Anthropic. "I've made the difficult decision to leave OpenAI. On X, OpenAI CEO and serial entrepreneur Sam Altman responded to Schulman's departure. Business Insider reported in May that two employees who worked on safety and governance had resigned in recent months.
Persons: , Greg Brockman, Peter Deng, John Schulman, OpenAI, Brockman, Schulman, I've, Sam Altman, Deng, Jan Leike, OpenAI's, Leike, Ilya Sutskever, Daniel Kokotajlo, William Saunders Organizations: Service, Business, TechCrunch, Anthropic Locations: OpenAI, Anthropic
RBA needs to abandon its tightening bias: Chief Economist
  + stars: | 2024-08-06 | 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 EmailRBA needs to abandon its tightening bias: Chief EconomistMatthew Peter, Chief Economist at QIC says the RBA is treading a fine line with its messaging, saying it should not be talking down the Australian economy too much.
Persons: Matthew Peter Organizations: QIC
Market correction has more room to run, says Goldman Sachs
  + stars: | 2024-08-06 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +1 min
Tuesday's market rebound doesn't mean the market is yet in the clear — instead, investors should brace for more market volatility following Monday's global sell-off, according to Goldman Sachs chief global equity strategist Peter Oppenheimer. The S & P 500 rose 1.04% on Tuesday in a broad relief rally that lifted all 11 of its sectors. Nonetheless, the correction hasn't yet fully run its course, Oppenheimer told CNBC's " Squawk on the Street " on Tuesday. However, Oppenheimer doesn't necessarily think the correction is bad for the market. According to Strategas strategist Todd Sohn, Monday's spike in the volatility index could be a positive omen for equities in the medium term.
Persons: Goldman Sachs, Peter Oppenheimer, Oppenheimer, CNBC's, We're, He's, Todd Sohn, Sohn Organizations: Nasdaq, Dow
The US government won a major Big Tech antitrust battle this week, against Google. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So people who want Big Tech companies to change their ways are trying to do it via the courts.
Persons: , It's Organizations: US, Big Tech, Google, Washington, Service
But with major names headlining the 2024 event, tickets for the Ohana Festival are selling out fast. Here's what fans need to know to buy Ohana Festival tickets. Ohana Festival 2024 festival scheduleThe Ohana Festival is a three-day event held September 27 to 29 at Doheny State Beach. How to buy tickets for Ohana Festival 2024While original three-day and Sunday passes are sold out, the festival still has limited general admission single-day passes for Friday and Saturday. How much are Ohana Festival tickets?
Persons: Pearl, Sting, Pearl Jam, Neil Young, Garbage, Alanis Morissette, Devo, Marren Morris, Maren Morris, Ryan Beatty, Jaime Wyatt, Linka Moja, Jenny Lewis, Glen Hansard, Power, Joe Wong, Goldie Boutilier, Jam, Peter Cat, Kim Gordon, LA, Jesus, John Cruz Organizations: Business, Beach Boys, Sting, Doheny, Pearl, Crowded, Black Pumas, Breeders Locations: Doheny, Dana Point , California, Beach, Dogstar, Black, LA LOM, Santa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman's Peter Oppenheimer: this correction is healthy and somewhat inevitable but may not be overPeter Oppenheimer, Goldman Sachs chief global equity strategist, and CNBC's Michael Santoli join 'Squawk on the Street' to discuss the strategist's thoughts on the recent global equity market performance, what the discount on the Nasdaq's multiple means for investors, and much more.
Persons: Peter Oppenheimer, Goldman Sachs, CNBC's Michael Santoli
WASHINGTON — Vice President Kamala Harris is expected to reveal her vice presidential pick Tuesday, ahead of their first rally together in Philadelphia in the evening, according to two sources familiar with the plan. The rollout Tuesday will likely look similar to past major announcements, including digital video and social media components, as well as a fundraising appeal, these sources said. The Harris campaign will also disseminate various text messages to its supporters throughout the day, as has been a common practice in the past around big moments. The highly anticipated decision comes after Harris met in person Sunday with three of the contenders who have been under consideration as her vice presidential pick — Pennsylvania Gov. On Friday, Harris secured a majority of support as part of a virtual roll call from Democratic National Committee delegates needed to win the party’s nomination for president.
Persons: WASHINGTON, Kamala Harris, Harris, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz —, JB Pritzker, Andy Beshear, Pete Buttigieg, Eric Holder, Burling Organizations: Pennsylvania, Minnesota Gov, Illinois Gov, Kentucky Gov, Burling LLP, Naval, Democratic National Committee Locations: Philadelphia, Arizona, Kentucky, Covington, Chicago
Read previewWhile some Silicon Valley investors and startup leaders are going red hoping for a more "tech-friendly" White House, Michael Moritz, a storied Sequoia Capital investor, believes that does not reflect the Valley overall. "Fortunately, at least in Silicon Valley, Trump will not prevail," Moritz wrote in a Financial Times opinion piece, which was also posted on LinkedIn. Like the rest of the nation, Silicon Valley is deeply divided over whom to support in the upcoming presidential race. In his piece, Moritz chided Trump supporters in Silicon Valley. Moritz added that Trump had historically not performed well among Silicon Valley voters.
Persons: , Michael Moritz, Trump, Moritz, Kamala Harris, Donald Trump, Doug Leone, Shaun Maguire, Roelof Botha, Andreessen Horowitz, Marc Andreessen, Ben Horowitz, Fund's Peter Thiel, David Sacks, Chamath, Vance, Sen, JD Vance, Palmer Luckey, Elon Musk, VCs, Kamala, Harris, Vinod Khosla, Reid Hoffman, Mark Cuban, Ron Conway Organizations: Service, Sequoia Capital, LinkedIn, Business, Google, PayPal, Democratic, Republican, Tech, Trump, VR, Bloomberg, PAC, Street Journal, Netflix, Harris, Politico Locations: Silicon Valley, Sequoia, Park City , Utah, Silicon, Palo Alto , California, Newport Beach , California, Washington ,, Francisco, San Jose
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bleakley Financial Group CIO Peter BoockvarPeter Boockvar, chief investment officer at Bleakley Financial Group, joins CNBC's 'The Exchange' to discuss the latest market moves in Japan.
Persons: Peter Boockvar Peter Boockvar Organizations: Bleakley Financial Locations: Japan
Alex Karp, CEO of Palantir Technologies poses beside the company's logo ahead of an interview with Reuters in the Alpine resort of Davos, Switzerland May 23, 2022. Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the latest sign that the generative AI boom is driving demand for its software services. The company co-founded by billionaire Peter Thiel now expects annual revenue between $2.74 billion and $2.75 billion, compared with $2.68 billion to $2.69 billion expected earlier. It also raised its annual revenue expectation from U.S.-based companies by $11 million, to $672 million. The company forecast third-quarter revenue between $697 million and $701 million, compared to analysts' average estimate of $679.1 million, according to LSEG data.
Persons: Alex Karp, Peter Thiel, Ryan Taylor, Reuters Palantir, Karp Organizations: Palantir Technologies, Reuters, Big Tech, Microsoft, Palantir Locations: Davos, Switzerland
The economist and market strategist David Rosenberg took a lot of heat for predicting that the Federal Reserve’s big increase in interest rates would tip the U.S. economy into recession. “I spent most of the past year being absolutely beaten up,” he told me last week. “I had email from clients that you would not believe, and many cancellations.”The latest economic data, including a sharp slowdown in job growth in July, is indicating that Rosenberg may well have been right all along. I asked him if he feels vindicated. Stocks also slumped in Europe and were off to a bad start in the United States on Monday as I was finishing this newsletter.
Persons: David Rosenberg, , , Rosenberg, Stocks Organizations: Federal, Nikkei Locations: U.S, Europe, United States
Opinion | The Stock Market Dropped, but Don’t Freak Out
  + stars: | 2024-08-05 | by ( Peter Coy | ) www.nytimes.com   time to read: 1 min
The secret to making money in the stock market is to buy low and sell high. Not buy high and sell low. So loading up on stocks when the market is breaking records and then dumping them when something bad happens is not the road to riches. Yet that’s exactly what a lot of investors are undoubtedly doing, or contemplating, right now. I typed “Should I” into the Google search bar on Monday and the first autocomplete choice was “Should I sell my stocks now?” The third choice was “Should I sell my stocks?”In between, by the way, was “Should I buy Nvidia stock?” Apparently, there are still some optimists out there.
Organizations: Nvidia
London CNN —Far-right riots swept Britain over the weekend, with outbreaks of anti-immigrant violence in a number of cities and towns, leaving the new UK government scrambling to control the worst disorder in more than a decade. Throughout Friday, Saturday and Sunday, violent protesters congregated in city and town centers across the UK, many of them apparently intent on clashing with police and causing havoc. The gatherings ostensibly started as anti-immigration marches, organized on social media platforms like X and on WhatsApp and Telegram groups. Violence also took place in Sunderland, Middlesbrough, Stoke-on-Trent and several more cities, mostly across the Midlands and north of England. The man in charge of bringing those offenders to justice was Keir Starmer, then Britain’s Director of Public Prosecutions.
Persons: Keir Starmer, , , Constable Lindsey Butterfield, Owen Humphreys, we’ve, ” Starmer, Christopher Furlong, Nigel Farage, Priti Patel, Diane Abbott, Britain’s, Elon, Tommy Robinson, Joe Mulhall, Robinson, Peter Powell, Musk, , Starmer, underfunding Organizations: London CNN, Labour Party, Protesters, Rotherham, South Yorkshire Police, Middlesbrough, Stoke, Trent, Office, National Police Chiefs ’ Council, , Downing, Police, . Police, Reform, Conservative Party, Farage, Conservative, CNN, Getty, Public Prosecutions, British Ministry of Justice, State, Justice, PA Media Locations: Britain, Southport, England, WhatsApp, Rotherham, Tamworth, Midlands, Middlesbrough, Sunderland, United Kingdom, Manchester, AFP, , British, London, gridlock, Wales, Afghanistan
A federal judge ruled against Google in a major antitrust case. That's because a big part of the case was about exclusive search deals Google does with Apple and other platform owners. Google's Apple deal is worth a lot of money — $20 billion in 2022 alone. AdvertisementA federal judge just ruled against Google in a major antitrust case. And the biggest one of those is the one Apple has with Google, where Google pays Apple tens of billions of dollars a year — $20 billion in 2022 alone — to have pole position on the iPhone.
Persons: Organizations: Google, Apple, Service, Business
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapanese market plunge driven by position unwinding around yen trade, says Bleakley's BoockvarPeter Boockvar, chief investment officer at Bleakley Financial Group, joins CNBC's 'The Exchange' to discuss the latest markets moves in Japan.
Persons: Bleakley's, Peter Boockvar Organizations: Bleakley Financial Locations: Japan
The veteran joined thousands of victims who filed claims under the Camp Lejeune Justice Act, which expedited litigation when it was signed into law in 2022. The entrance to Camp LeJeune in Jacksonville, N.C., in 2017. Fred Marie / Corbis via Getty Images fileWith the Aug. 10 deadline fast approaching, at least 2,067 Camp Lejeune Justice Act cases have already been filed there so far, according to the court’s clerk, Peter Moore Jr. Andrew Van Arsdale, an attorney representing more than 9,000 Camp Lejeune claimants, said his firm has resolved 15 cases with the Navy in two years. The Department of Veterans Affairs said evidence shows a link between the chemical exposure at Camp Lejeune and some conditions, including Parkinson’s disease and several cancers.
Persons: Terry McClure, McClure, Camp Lejeune, , Denise, , Denise McClure, Lejeune, Joe Keiley, Keiley, Peter Romano, ” Romano, Joe Biden, Camp, Fred Marie, Corbis, Peter Moore Jr, Andrew Van Arsdale, ” Denise McClure, ” Denise Organizations: Marine Corps, Camp Lejeune Justice, Navy, Camp LeJeune, Getty, Justice Department, Agency, Toxic Substances, Centers for Disease Control, , Department of Veterans Affairs, Lejeune Locations: Camp, North Carolina, Eastern, of North Carolina, Jacksonville, N.C, Camp Lejeune, Louisville , Kentucky
EV fast chargers – the big tall units that look like major appliances – aren’t generally designed to completely fill an EV’s batteries. A line of EVs wait to charge at Electrify America chargers in East Brunswick, New Jersey, on July 6. At 10 of the busiest EV fast charging stations in California, Electrify America has enacted a strict limit. There can also be other legitimate reasons a driver may want to charge to 100% at a fast charger, said Barrosa. Cases like these are why Electrify America probably won’t institute an overall charging cap at charging stations near major highways, he said.
Persons: Peter Valdes, unplug, Tesla’s, , Sara Rafalson, we’ve, Robert Barrosa, ’ ”, EVgo, EVgo’s Rafalson, Barrosa, let’s Organizations: CNN, Chevrolet Blazer, EV, Mercedes, Benz, Hyundai, Fiat, Mazda Locations: New York City, Bristol , Pennsylvania, Bristol, East Brunswick , New Jersey, EVs, America, California, America’s
CNN —The Olympic Games is bound up with questions of nationality, with crowds waving a kaleidoscopic collage of different flags and national anthems playing for every gold medal winner. Except it was the Refugee Olympic Team crest that Ngamba held up as she celebrated the historic achievement of becoming their first ever medal-winning athlete after winning her women’s middleweight quarterfinal and guaranteeing herself a place on the podium. Ngamba was born in Cameroon and moved to the UK aged 11, where she now trains, but represents the Refugee Olympic Team, which has allowed refugee athletes to compete at the Games since 2016. Peter Cziborra/Reuters“I’m so grateful,” Ngamba told Eurosport after her fight. “I’m over the moon, I had my refugee team, the crowd, France and Paris team, and everyone in my family to come and support me.
Persons: Cindy Ngamba, France’s Davina Michel, Ngamba, Michel, Peter Cziborra, Reuters “, ” Ngamba, , , they’ve Organizations: CNN, Refugee, Refugee Olympic, Games, Reuters, Eurosport, Paris, Team, Olympic Team, Olympics Locations: Cameroon, France, London
Opinion | Biden’s Proposed Supreme Court Reforms
  + stars: | 2024-08-04 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “The Election Is Crucial to the Future of the Supreme Court,” by Erwin Chemerinsky (Opinion guest essay, July 31):Regarding this essay supporting President Biden’s effort to reform the Supreme Court, as well as the current Democratic push in this same direction, does anyone seriously believe that this would be an issue at all if the Democrats were satisfied with the Supreme Court decisions? The only reason it is an issue is that they don’t like the recent results from that court, and that is the very reason that Supreme Court reform is a bad idea: It is 100 percent politically motivated. The movement would have a lot more credibility if it wasn’t arising immediately on the heels of recent Supreme Court decisions that the Democrats don’t like, such as expanding the scope of presidential immunity, overturning the Chevron doctrine and especially overturning Roe v. Wade. Peter E. MeltzerWynnewood, Pa.To the Editor:While I often agree with Erwin Chemerinsky, I differ here on two important points.
Persons: Erwin Chemerinsky, Biden’s, Roe, Wade, Peter E, Meltzer Wynnewood Organizations: Democratic Locations: Pa
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