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☆ These 9 global stocks have raised dividends for the last 30 years
▼ + stars: | 2023-06-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Nine global stocks have raised dividends every year for the past three decades, according to CNBC Pro analysis. Of about 92,000 global stocks screened by CNBC Pro, the following nine consistently rewarded their shareholders. Novartis' stock has been on an upward trend recently – rising 8.9% year to date – after moving sideways for more than six months. Novartis' dividend yield is currently 3.5%. NOVNEE-CH 1Y line Roche Like its peer Novartis, Roche , the pharmaceuticals and diagnostics company headquartered in Basel, Switzerland, offers a 3.3% dividend yield.

Persons: Maurice Choy, . Choy, Eric Le Berrigaud, Roche, Luisa Hector, James Halstead Organizations: CNBC, CNBC Pro, Fortis Canadian, Fortis, RBC Capital, Novartis, Roche, Pharma, Sage Group, Kerry Locations: Novartis Swiss, Basel, Switzerland, ROG, Spirax, Saco

☆ Through Ties to Saudis, Golf Deal Promises Benefits to Trump
▼ + stars: | 2023-06-06 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

The surprising deal on Tuesday ending a civil war in the world of professional golf stands to produce benefits for former President Donald J. Trump’s family business by increasing the prospect of major tournaments continuing to be played at Trump-owned courses in the United States and perhaps abroad. The outcome is the latest example of how the close relationship between Mr. Trump, the front-runner for the 2024 Republican presidential nomination, and Saudi Arabia, whose sovereign wealth fund is the force behind the upheaval in the golf world, has proved beneficial to both sides even as it has prompted intense ethical scrutiny and political criticism. Even as it has injected new money and competition into professional golf, Saudi Arabia has been accused of using its wealth to buff its global reputation and obscure its human rights record through sports. That campaign now seems to have yielded business opportunities and a higher profile in the golf world for Mr. Trump as he seeks another term in the White House. Since the establishment of LIV Golf, the Saudi-funded breakaway professional golf circuit, Mr. Trump and his family have aligned themselves with LIV against the PGA Tour at a time when the golf establishment in the United States and Britain had moved to shut Trump courses out of major professional competitions, a trophy that the Trump family had long sought.

Persons: Donald J, Trump, LIV Golf, LIV Organizations: Trump, Mr, PGA Locations: United States, Saudi Arabia, Saudi, Britain

After two years of sniping, lawsuits and ill will, the major men’s golf tours agreed to merge on Tuesday. The PGA Tour, which runs golf in North America; the PGA European Tour, which is known as the DP World Tour and holds events in much of the rest of the world; and the upstart LIV Tour agreed to merge their operations. The Saudi sovereign wealth fund, which spent billions to launch the LIV Tour, will invest in the new company, and the governor of that fund will become its chairman. The LIV Tour started last year and offered big-name players from the other tours huge sums to jump ship. Many players and officials of the PGA Tour were sharply critical of LIV, both for dividing the golf world and for associating with the Saudi government and its poor human rights record.

Persons: Dustin Johnson, Bryson DeChambeau, Brooks Koepka, Patrick Reed, Cameron Smith, Phil Mickelson, Tiger Woods, Rory McIlroy, LIV, ” Organizations: PGA European, LIV, PGA Locations: North America, Saudi

☆ When to teach kids about money, according to the experts — and how to do it
▼ + stars: | 2023-06-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

Knowing how and when to start teaching to kids about money and identifying what money skills they need can be tricky, but experts say it is crucial for their futures. MoMo ProductionsKnowing how and when to start teaching kids about money and identifying what skills they need can be tricky. Ultimately, boosting your kid's financial confidence is crucial, experts say. When to teach money skills to kidsIt's clear how important the conversation about money truly is. Wunder said six is the age where kids start being able to grasp some money concepts.

Persons: Susan Hirshman, Hirshman, Seth Wunder, Eric Landolt, Wunder, it's, Landolt Organizations: Schwab Wealth Advisory, CNBC, Employers, UBS Global Wealth Management

David Solomon has been Goldman Sachs' CEO for over four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. Solomon said there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." Meanwhile, Solomon's expensive foray into consumer banking raised the ire of some longtime Goldman partners, as Insider has previously reported. The fresh faces among the Goldman Sachs executives who took the stage at the bank's investor day highlight the leadership changes under Solomon.

☆ Marieke Vervoort: How one Paralympian and triathlete's euthanasia papers extended her life by a decade
▼ + stars: | 2023-05-22 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +10 min

CNN —Throughout her storied career, triathlete and Paralympian Marieke Vervoort captured the imagination of her native Belgium and the wider world. … The fact that that had given her so much mental liberation and spiritual liberation, I thought, was a fantastic story,” Rapaport told CNN Sport. “If I didn’t have the papers, I think I would have already committed suicide,” Vervoort told reporters in 2016. And in this case, having control over decision-making about the end of your life,” Rapaport explained. Vervoort died in October 2019.

☆ Start-Ups Bring Silicon Valley Ethos to a Lumbering Military-Industrial Complex
▼ + stars: | 2023-05-21 | by ( Eric Lipton | ) www.nytimes.com time to read: +2 min

While waiting for a decision by the Pentagon, the company recently moved to lay off some employees. Mr. Roper, the former Air Force procurement boss, said another problem is the Defense Department’s historical insistence on creating its own solutions to problems instead of buying new technologies from commercial firms. He noted that artificial intelligence, for example, still has not been integrated into Air Force flight operations beyond some basic experiments. Mr. Austin, the defense secretary, recently announced that the Defense Innovation Unit will report directly to him, supervised by a new recruit from Apple. But for each success, there are many other tech start-ups struggling to pay bills as they wait for the Pentagon to make a purchase decision.

☆ MLB roundup: Aaron Judge helps Yankees stun Reds
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +10 min

Jake Fraley and Spencer Steer hit RBI singles before Luke Maile hit a two-run homer in the fourth to give Cincinnati a 4-1 lead. George Springer hit a two-run homer for Toronto and Danny Jansen added a solo shot. Spencer Torkelson went 2-for-4 with a two-run homer for the Tigers, who head into Sunday's rubber match having dropped two of their past three contests. Diamondbacks 4, Pirates 3Pavin Smith's go-ahead, two-run homer in the seventh lifted visiting Arizona to a win over Pittsburgh. The Seattle offense was led by Eugenio Suarez, who was 2-for-4 with a two-run homer and three RBIs.

☆ Aston Martin stock soars after $295 million Geely investment
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

May 18 (Reuters) - Aston Martin's (AML.L) stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investment by China's Geely (0715.HK), that will see the automotive firm become its third-largest shareholder. Geely will acquire about 42 million ordinary shares from Chairman Lawrence Stroll's Yew Tree, which is currently the Aston Martin's largest stakeholder, at 335 pence apiece and subscribe for another 28 million shares at the same price. Aston Martin shares, which closed at 231.2 pence on Wednesday, were trading up to 279.4 pence at 0727 GMT. "Our decision to increase our shareholding in Aston Martin reflects our confidence in the company's growth prospects, its technologies and its management team," said Geely Chairman Eric Li. The investment gives Geely a 17% stake in the company and entitles it to one board seat, behind number two shareholder Saudi Arabia's Public Investment Fund (PIF).

☆ FTC’s Amgen Activism Will Spare Smaller Biotechs
▼ + stars: | 2023-05-16 | by ( David Wainer | ) www.wsj.com time to read: 1 min

The Federal Trade Commission’s effort to block Amgen’s acquisition of Horizon Therapeutics is putting a damper on the recent biotech stocks rally. Photo: Eric Lee for The Wall Street JournalBiotech stocks were on a tear in recent weeks, rebounding from the sector’s horrid performance of the last two years. The euphoria was based on the premise that pharma companies would keep paying massive premiums for biotech companies because their own blockbuster drugs were going off patent.

☆ FTC’s Amgen Activism Will Spare These Biotechs
▼ + stars: | 2023-05-16 | by ( David Wainer | ) www.wsj.com time to read: 1 min

The Federal Trade Commission’s effort to block Amgen’s acquisition of Horizon Therapeutics is putting a damper on the recent biotech stocks rally. Photo: Eric Lee for The Wall Street JournalBiotech stocks were on a tear in recent weeks, rebounding from the sector’s horrid performance of the last two years. The Federal Trade Commission’s effort to block Amgen ’s acquisition of Horizon Therapeutics is putting a damper on that rally. The SPDR S&P Biotech exchange-traded fund was down 3.4% on Tuesday morning, with Horizon plunging 18%. Seagen , which agreed to sell itself to Pfizer for $43 billion in March, was down 6%.

☆ MLB roundup: Mets post 8-run inning, whip Nats in Max Scherzer's return
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +12 min

For seven innings, the game was a pitchers' duel between Cleveland rookie Tanner Bibee and the Angels' Patrick Sandoval. Zach Elfin (5-1) got the win after allowing four runs on seven hits in his six innings, striking out nine and walking one. Royals starter Jordan Lyles (0-7) was tagged for seven runs in 2 1/3 innings, allowing four hits and three walks. The loss overshadowed another strong outing by Giants starter Logan Webb, who allowed one run on three hits over seven innings. Boston's Corey Kluber (2-5) surrendered four runs on seven hits in five innings.

☆ Hong Kong restricts foreign lawyers from national security cases
▼ + stars: | 2023-05-10 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +3 min

HONG KONG, May 10 (Reuters) - Hong Kong's legislature passed a legal amendment on Wednesday to prevent foreign lawyers working on national security cases, a restriction critics say will undermine fair trials and the right of defendants to choose their lawyers. The amendment enshrines in law a ruling from China's top lawmaking body last December that Hong Kong courts must get the approval of the city's leader before admitting a foreign lawyer without Hong Kong qualifications for national security cases. It would also discourage some foreign lawyers from getting Hong Kong restricts foreign lawyers from national security casesinvolved, he said. "The vague definition of 'cases concerning national security' in the bill implies that the government can arbitrarily use the new powers to allow or prohibit foreign lawyers from taking up local cases, whatever civil or criminal, on the over-broad ground of 'national security'," Lai said. Beijing imposed the national security law on Hong Kong in 2020 after months of anti-government protests.

CNN —A US Army sergeant who was convicted of murdering a protester at a Black Lives Matter rally in 2020 was sentenced to 25 years in prison Wednesday morning – even as Texas’ governor pushes to pardon him. In April, a Texas jury convicted Perry of murder but found him not guilty on a charge of aggravated assault with a deadly weapon. The governor can only pardon Perry if the Board of Pardons and Paroles recommends it, according to Texas law. And in a June 1, 2020, social media comment, Perry compared the Black Lives Matter movement to “a zoo full of monkeys that are freaking out flinging their sh*t,” the documents show. CNN reached out to the governor’s office for comment on the social media posts.

☆ U.S. man pleads guilty to Tokyo Games doping charges
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, May 8 (Reuters) - A man that U.S. prosecutors charged with supplying performance-enhancing drugs to athletes at the Tokyo Olympics pleaded guilty on Monday, a spokesman for the U.S. Attorney's Office Southern District of New York said. Eric Lira, 43, last year became the first individual charged under the Rodchenkov Act, a federal law that allows criminal charges against doping conspirators at events involving U.S. athletes, broadcasters and sponsors. He had previously pleaded not guilty. Lira could face as many as 10 years in prison, but would likely get less under his plea agreement. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ DOJ Settles Antitrust Case, Clearing Way for Assa Abloy Deal
▼ + stars: | 2023-05-05 | by ( Jan Wolfe | ) www.wsj.com time to read: 1 min

The Justice Department’s settlement clears the way for the completion of a $4.3 billion deal. Photo: Eric Lee for The Wall Street JournalThe Justice Department said Friday that it has settled its antitrust challenge to the Swedish lockmaker Assa Abloy ’s planned acquisition involving a U.S. rival, putting the $4.3 billion deal on track for completion. Assa Abloy sells locks under various brand names. In September 2021, it announced plans to buy Middleton, Wis.-based Spectrum Brands ’ Hardware and Home Improvement segment. The Justice Department sued in September 2022 to block the deal, saying it would diminish competition in the residential door hardware industry and raise prices.

☆ Living and Breathing on the Front Line of a Toxic Chemical Zone
▼ + stars: | 2023-05-05 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

Juan López had just returned home from his job supervising the cleaning of giant tanks that hold toxic chemicals produced along the Houston Ship Channel, one of the largest petrochemical complexes in the world. He was ready to sit down to dinner with his wife, Pamela López, and their four school-age children at their small house across the highway from the plants. “I make good money where I’m at,” he said. “But I always felt like it was only me that was getting exposed, because I am working in the tanks with the chemicals. When the smell comes, all we can really do is try to keep everyone inside.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ House Democrats Try to Force Vote on Debt Ceiling
▼ + stars: | 2023-05-02 | by ( Natalie Andrews | David Harrison | ) www.wsj.com time to read: 1 min

House Minority Leader Hakeem Jeffries, a Democrat from New York, wrote: ’It is now time for MAGA Republicans to act in a bipartisan manner.’ Photo: Eric Lee/Bloomberg NewsWASHINGTON—House Democrats took the next step in starting a discharge petition for a debt-ceiling increase, a maneuver that could allow them to go around Republican leaders if they can win a handful of GOP votes. The petition process allows a majority of House lawmakers to bring a bill directly to the floor without the cooperation of leadership. But it is time-consuming and rarely successful, and Democrats earlier this year said they had shelved the idea as too difficult.

☆ Oklahoma bodies found: Convicted sex offender Jesse McFadden and 2 teen girls among 7 bodies found at his home
▼ + stars: | 2023-05-02 | by ( Tina Burnside Caroll Alvarado Eric Levenson | Tina Burnside | Caroll Alvarado | ) edition.cnn.com time to read: +4 min

CNN —A convicted sex offender and two missing teenage girls were believed to be among seven bodies found at the man’s Oklahoma home on Monday, authorities said. Brittany Brewer, 16, left, and Ivy Webster, 14, right, were the subject of an endangered/missing advisory issued by the Oklahoma Highway Patrol. From Nathan Brewer/Okmulgee County Sheriff's OfficeThe seven bodies were found at a property where McFadden lived and was listed as his home in the Oklahoma Sex Offender Registry. “Our hearts are hurting, and we have considered what would be best for our students in the coming days,” the school system said. “Please continue to keep these families in your thoughts and prayers.”Located in central Oklahoma, Henryetta had a population of 5,640 at the 2020 US census.

CNN —A Minnesota judge found former Minneapolis police officer Tou Thao guilty of aiding and abetting second-degree manslaughter for his role in the May 2020 killing of George Floyd, according to court documents filed Monday. “Like the bystanders, Thao could see Floyd’s life slowly ebbing away as the restraint continued,” Cahill wrote in the verdict. Tou Thao Hennepin County Sheriff's Office“The conviction of Tou Thao is historic and the right outcome,” Minnesota Attorney General Keith Ellison, the lead prosecutor of Floyd’s murder, said in a statement. Chauvin was found guilty of second-degree unintentional murder, third-degree murder and second-degree manslaughter in state court and was sentenced to 22.5 years in prison in June 2021. Lane, Kueng and Thao were found guilty in federal court of violating Floyd’s civil rights and of failing to intervene to stop Chauvin during the restraint.

☆ What John Blake discovered when he met the White mother he never knew
▼ + stars: | 2023-04-30 | by ( John Blake | ) edition.cnn.com time to read: +25 min

It’s a story about my mother, and the White relatives who shunned me at birth—and still somehow became family. I now know one of the reasons my family didn’t tell me about my mom’s illness is because they didn’t know how. I vividly recall thinking as I looked at my mom: I didn’t know a White person could suffer like this. I saw White, Black, and brown people hug and call each other “brother” and “sister” after worship service. John Blake is a Senior Writer at CNN and the author of “More Than I Imagined: What a Black Man Discovered About the White Mother He Never Knew.”

☆ Investor warns it's 'looking a lot like the tech bubble' and names 3 cheap stocks to buy outside it
▼ + stars: | 2023-04-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The S & P 500 is "supported" by just seven mega-cap tech stocks right now — and it's starting to look a lot like the 1990s tech bubble, one analyst told CNBC on Wednesday. "The S & P 500 [is being] supported by a few expensive mega cap techs," said Eric Lynch, managing director of Scharf Investments. Seven companies — Apple , Microsoft , Nvidia , Meta , Tesla , Amazon and Alphabet — account for 95% of the S & P 500's total return in the first quarter, he noted. "To us this looks a lot like the tech bubble in 1990s when tech gave the world massive outperformance over value, over mid cap small caps, international stocks," he told CNBC's " Street Signs Asia. " Stock picks Lynch named three stocks he said are cheap right now.

☆ Hasbro stock jumps 12% after revenue from its Magic: The Gathering franchise surges despite concerns of gamer fatigue
▼ + stars: | 2023-04-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Hasbro stock surged 12% on Thursday after the company's first-quarter earnings impressed investors. The gaming company said its Magic: The Gathering card franchise is still firing on all cylinders. One Wall Street analyst has been concerned about gamer fatigue as the company continues to roll out new card sets. "There's a lot of wallet fatigue," Brooklyn-based Action City Comics owner Eric LaGaccia told Insider. But for now, that wallet fatigue among a certain group of Hasbro's core customers isn't enough to slow down what has become one of its top-selling brands.

☆ MLB roundup: Astros drop Rays to 14-1 at home
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +13 min

Andrew McCutchen hit a three-run homer, Ke'Bryan Hayes a two-run double and Carlos Santana and Austin Hedges an RBI single apiece for the Pirates. Texas built a six-run lead before Nick Senzel put Cincinnati on the scoreboard with an RBI single in the seventh inning. Ruiz's homer and Joey Meneses' RBI single in the third against Jose Butto (0-1) provided an early cushion for Gray. The Brewers got single runs in the third and fourth, then pulled within 4-3 when Rowdy Tellez opened the sixth with his eighth homer. With two outs during Chicago's four-run eighth, Gomes lined an RBI single to right field for his fifth career four-hit game.

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