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Harvey Weinstein, the disgraced Hollywood mogul whose alleged sexual misconduct fueled the #MeToo movement and who was recently indicted on new charges, has chronic myeloid leukemia, two sources told NBC News. The sources added that Weinstein is undergoing treatment in prison at Rikers Island in New York. Chronic myeloid leukemia is an uncommon form of cancer of the bone marrow, according to the Mayo Clinic. In a statement to NBC News on Monday night, Weinstein's legal health care representative Craig Rothfeld said in part, "Out of respect for Mr. Weinstein's privacy, we will offer no further comment." Weinstein's health issues come amid his legal battle with Manhattan prosecutors over their efforts to combine his original 2020 sexual crimes with a new criminal indictment.
Persons: Harvey Weinstein, Weinstein, Craig Rothfeld, Weinstein’s Organizations: Hollywood, NBC News, Mayo Clinic, Manhattan, Prosecutors, Appeals Locations: Rikers, New York, York, Los Angeles
Oil prices ended down 7% last week and are lower this year-to-date, despite Middle East tensions. Oil prices have been depressed this year because China — the world's largest oil importer — is in a prolonged economic downturn. Last year, they each accounted for 11% of the world's oil supply. This means that Saudi Arabia is looking to corner a larger market share instead of targeting higher profit margins by restricting output. Advertisement"But the problem is when oil prices spike, it sends oil companies searching for temporarily profitable oil," he added, referring to the US shale boom as the most recent example.
Persons: , Abishur Prakash, Prakash, Anton Siluanov, Matthew Huber, we're, Huber Organizations: Service, , Financial Times, International Energy Agency, Brent, US West Texas, Syracuse University, Saudi, Trump, OPEC Locations: Saudi Arabia, Russia, China, Toronto, Israel, Iran, Europe, OPEC
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India's stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi's ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty ImagesAsia-Pacific markets slipped on Tuesday, trailing a mixed session on Wall Street. During the U.S. trading session, two Federal Reserve officials had spoken about the trajectory of interest rates. Dallas Federal Reserve President Lorie Logan said she supports the current move to lowering interest rates, but that a patient approach will be needed.
Persons: Narendra Modi's, Dhiraj Singh, Australia's, Kospi, Neel Kashkari, Lorie Logan Organizations: Bombay Stock Exchange, Bloomberg, Getty Images, Nikkei, Hyundai, Federal, Minneapolis, Dallas Federal Locations: Mumbai, India, Getty Images Asia, Pacific, South, Asia, Hyundai India
Amazon Web Services CEO Matt Garman defended the company's return-to-office mandate for January. AdvertisementAmazon Web Services CEO Matt Garman reiterated on Monday night why the recently announced return-to-office mandate is right for the company. Amazon CEO Andy Jassy announced last month that most corporate employees would be required to return to the office five days a week starting in January. When BI reached out about Garman's comments last week, an Amazon spokesperson declined to comment but pointed to Jassy's RTO announcement in September. BI's Ashley Stewart viewed internal messages after the policy was announced, showing that some Amazon employees were unhappy with the change.
Persons: Matt Garman, Garman, , Andy Jassy, BI's Ashley Stewart Organizations: Amazon Web, Service, Web, Amazon, Business, BI
Reddit CEO Steve Huffman said the company is working to find its place in the AI "arms race." The platform has become a power player in the race to train AI models. Huffman hinted at large companies that are taking advantage of Reddit's content. AdvertisementReddit CEO Steve Huffman said the platform's content is among the world's best training data for artificial intelligence — and an increasingly valuable commodity as the company aims to find its place in the AI "arms race." "We've invested a lot in the last couple of years in locking that down, but it is an arms race."
Persons: Steve Huffman, Huffman, , he's, Reddit, We've Organizations: Service, Tech, Google, Microsoft
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The team pointed to high valuations and concentration in today's stock market as reasons for their forecast. [PRO] Ranking the Magnificent SevenThe Magnificent Seven bag of stocks — Alphabet , Amazon , Apple , Meta , Microsoft , Nvidia and Tesla — is responsible for most of the S&P 500's rally this year. Not so, according to a tech investor who owns all seven stocks.
Persons: Europe's, Goldman, Goldman Sachs, David Kostin, Bob Iger, Iger, Bob Chapek Organizations: New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Treasury, Autonomous, Microsoft, Disney, Apple, Meta, Nvidia, Tesla
Mark Cuban on CNBC said the presidential campaign is now a fight between Kamala Harris and Elon Musk. Cuban said the outcome of the election hinges on voter turnout, which Musk has made a priority. AdvertisementBillionaire businessman Mark Cuban on Monday said the presidential campaign has become a battle between Vice President Kamala Harris and Tesla CEO Elon Musk rather than Donald Trump. "And the crazy thing is, it's the Harris campaign versus Elon — not even versus Trump." AdvertisementThe Harris campaign and representatives for Musk did not immediately respond to requests for comment from Business Insider.
Persons: Mark Cuban, Kamala Harris, Elon Musk, Musk, , Donald Trump, Harris, Elon —, Elon, Brian Hughes, David Sacks, Trump, Matthew Alvarez, Tucker, Musk hasn't Organizations: CNBC, Service, Trump, Elon, Musk's America PAC, Business, Cuban, Rutan Locations: Cuban
Scotiabank has highlighted three biotechnology companies as its "top picks," each with the potential to more than double in stock price over the next 12 months. The bank's optimism for these companies and the broader biotechnology sector is partly based on anticipated changes in the macroeconomic environment. The investment bank expects shares to rise to $50 over the next 12 months, or 165% from the current share price. RCKT 1Y line Liquidia Corp Scotiabank is optimistic about the company's Yutrepia treatment for pulmonary arterial hypertension, set to launch in May 2025. Scotiabank expects shares to rise by nearly 170% to $30 a share over the next 12 months.
Persons: Greg Harrison, Harrison, LQDA, OCUL Organizations: Scotiabank, Rocket Pharmaceuticals, Liquidia Corp, Rocket Pharmaceuticals Scotiabank, Liquidia Corp Scotiabank, National Health Service
Stopover: Seoul, South KoreaPros: Seoul's street food, kid-friendly Korean Air The cinema-themed Hotel28 provides popcorn and gift packs for kids on arrival. Source: MaryLou CostaGetting to Seoul was a cinch on Korean Air, which lets parents pre-book kids' meals like pizza, hot dogs and barbecue chicken. If there's no connecting flight to your destination on the day itself, Korean Air includes a free night's stay at the five-star Grand Hyatt Incheon. Korean Air offered us a free new flight to Australia — a week later. We took a 1.5-hour flight to the beach town of Krabi, where we spent a week at the ShellSea Krabi resort.
Persons: MaryLou Costa, Costa, Grand, Krabi Organizations: London, South Korea, Korean Air, Korean, Grand Hyatt Incheon, Australia —, Don Mueang International, United Arab Emirates, Pricey, Dubai Aquarium Locations: Ingham, Australia, Queensland, Europe, United Kingdom, Seoul, South, Myeongdong, South Korea, London, Bangkok, Thailand, Brisbane, Krabi, Dubai, United, Burj, Pricey Dubai, Aquaventure, Burj Khalifa, Singapore
As investors ponder how — and where — to invest in China, CNBC's Tanvir Gill will quiz China portfolio manager Jason Hsu on where he sees opportunities in the current market. Hsu previously told CNBC Pro that he was betting on tech — and artificial intelligence in particular — for the long term. Hsu set up Ranmore Fund Management in 2016, prior to which he was co-founder and vice chairman of quantitative asset manager Research Affiliates. Join CNBC Pro Talks on Wednesday, Oct. 23 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. Learn more from our previous Pro Talks: How to play AI in a cheaper way without owning stocks like Nvidia, according to fund manager Fund manager reveals his worst trade of the year — and the lessons he learned Beyond Novo: Fund manager likes this under-the-radar pharma stock Related coverage from Pro: Is it time to invest in China?
Persons: Finance Lan Fo'an, CNBC's Tanvir Gill, Jason Hsu, Hsu, Goldman, Tanvir Gill Organizations: Finance, China's CSI, Rayliant Global Advisors, China Equity, CNBC Pro, China Equity ETF, Ping An Insurance, Midea, Ranmore Fund Management, Research, Anderson School of Management, UCLA, Nvidia, pharma, Wall, Citi Locations: China
Spot gold prices have soared above $2,700 an ounce, rallying for the fifth day on Monday to hit another record high of over $2,733 an ounce. But Wider noted the de-correlation of 10-year Treasury real interest rates (adjusted for inflation) and the price of gold. XAU= 5Y mountain Gold John Reade, senior markets strategist at the World Gold Council trade association, warned of volatility ahead, however. Allocating to gold Reade advised investors to always have a position in gold, albeit as a relatively small part of a portfolio. Principal Asset Management's Jablonski, meanwhile, said he has less than 5% of his portfolio allocated to commodities, including gold.
Persons: Michael Widmer, I'm, CNBC's, Widmer, Todd Jablonski, Jablonski, John Reade, Reade, Management's Jablonski, Fred Imbert Organizations: Bank of America, Treasury, CNBC Pro, World Gold Council, CNBC
First openly transgender lawyer to argue at Supreme Court
  + stars: | 2024-10-21 | by ( ) www.nbcnews.com   time to read: +4 min
An American Civil Liberties Union lawyer will make history in December as the first openly transgender attorney to argue before the U.S. Supreme Court, opposing Tennessee’s Republican-backed law banning gender-affirming medical care for transgender minors. The Supreme Court on Monday ordered that the argument time for the ban’s challengers be divided between the Justice Department and attorneys representing the original plaintiffs who sued the state. Several plaintiffs — including two transgender boys, a transgender girl and their parents — sued in Tennessee to defend the treatments they have said improved their happiness and wellbeing. The Supreme Court has confronted several cases in the past decade implicating LGBTQ rights. In 2020, it ruled that a landmark federal law forbidding workplace discrimination protects gay and transgender employees.
Persons: Chase Strangio, Joe Biden’s, Cecillia Wang, ” Wang, Strangio, Gavin Grimm, Chelsea Manning, , “ Tennessee, Jonathan Skrmetti Organizations: American Civil Liberties Union, U.S, Supreme, Republican, Justice Department, ACLU, HIV, Department, Circuit Locations: Strangio, Virginia, Tennessee, Constitution’s, , Cincinnati, Washington
A helicopter that crashed into a Houston radio tower Sunday, killing all four people aboard and starting a fire below, was on an air tour flight when the accident occurred, the National Transportation Safety Board said Monday. The Robinson R44 helicopter struck the tower and crashed at around 7:51 p.m. Sunday, said the NTSB, which is investigating. The helicopter took off from Ellington Airport, which is in Houston, the NTSB said. Multiple people died as a helicopter crashed into a radio tower in Houston on Sunday. Houston Fire DepartmentThe scene of the helicopter crash Sunday.
Persons: Robinson, Brian Rutt, Jonathan French, Organizations: National Transportation Safety, NTSB, Ellington Airport, SBA Communications, . Houston Fire Department, Houston Fire Department SBA Communications Locations: Houston
Five people, including three children, were killed Monday in a Washington state shooting allegedly committed by a juvenile suspect who was taken into custody, authorities said. The sheriff's office said three children and two adults were killed. A juvenile suspect was in custody. It was unclear what relationship, if any, there was between the alleged shooter and the victims, the sheriff's office said. A person in their mid-teens, the sheriff's office said, was hospitalized.
Organizations: King County Sheriff’s Office Locations: Washington, Lake Alice, Fall City, Seattle, King
Elon Musk’s daily $1 million lottery for registered swing state voters who sign his super PAC’s petition falls into a legal gray area and could potentially violate election law, three experts told NBC News. Paying someone to vote or to register to vote is explicitly illegal under federal law. “This is at best very questionable legally,” said Michael Morse, an assistant professor of law at the University of Pennsylvania Carey Law School. But none of the experts who spoke with NBC News believed law enforcement is likely to stop the lottery or fine Musk before the election. “You can only register to vote in Pennsylvania until today.
Persons: , , John Fortier, Elon Musk, Michael Swensen, Michael Morse, ” “ I’ve, Nate Persily, it’s, Musk, Rick Hasen, Hasen, Justice Department’s, it’s “, Josh Shapiro, Morse, Trump, Kristine Fishell, Penn Organizations: Elon, NBC News, Musk’s America PAC, America PAC, American Enterprise Institute, NBC, University of Pennsylvania Carey Law School, , Stanford Law School, Musk’s PAC, UCLA School of, Democracy, Justice, , ” Pennsylvania Gov, Press Sunday, Department, Justice Department, Pennsylvania, Federal, Trump, Republican, New York Times Locations: Pittsburgh, ” Pennsylvania, Pennsylvania, Michigan
With Friday's "Lopez vs. Lopez" season three kickoff, the show's star George Lopez attributes the series' success to the strong stories that drive the characters. They’re mostly based on experiences of mine or Mayan’s,” said Lopez, referring to his daughter, Mayan Lopez. Fans will remember that season two ushered in big changes for the Lopez family. And their daughter Mayan became engaged to boyfriend Quinten (Matt Shively) in the season finale. “Lopez vs. Lopez” airs Fridays at 8:30 pm ET on NBC, and via streaming on Peacock the next day.
Persons: Friday's, Lopez, George Lopez, , Mayan Lopez, George, Rosie's, Selenis Leyva, Mayan, Quinten, Matt Shively, Mayan’s, , ” Lopez, “ Rosie, Josué, Jaime Camil, ” “ Lopez, Lopez ”, , III, VI, John Wick, “ Lopez Organizations: UCLA, Hollywood, NBC, Comcast, Netflix
No matter the poll, voters consistently say that the cost of living is their top concern, usually followed by threats to democracy, immigration and the economy in general. Female voters are backing Harris by 14 points, while Trump is winning men by 16 points, according to the latest NBC News poll. The October NBC News poll showed Harris leading Trump by 5 points, 45% to 40%, on who better represents change. Yet he isn’t all that impressed with Obama, the nation’s first Black president, nor Harris, who would be the second. “He’s only gaining support with Black men.”Democrats have been unnerved by recent polls that show Harris’ numbers sagging among Black voters, particularly young Black men.
Persons: Mark Murray, Peter Nicholas, Kamala Harris, Donald Trump, Harris, Trump, they’ve, Joe Biden’s, Biden, that’s, Obama, Young, Peter Nicholas TUCSON, Charles Johnson, Johnson, Barack Obama, ” Johnson, “ He’s, Black, he’ll, podcasters, , , Joel Benenson, pollster, ‘ You’ve, , Read, Peter → That’s Organizations: NBC, White House, Capitol, NBC News, Trump, Associated Press, Democratic, University of Arizona, Black, Obama Locations: Ariz, Tucson, Las Vegas
Planning the local stops now can be as labor-intensive for campaign staff as putting on a full event, the sources said. The limitations on local stops is the new reality as both candidates race across battleground states in what polling has shown to be a contest that hangs within the margin of error. “In order to maintain operational security, the U.S. Secret Service does not discuss the specific means and methods used to conduct its protective operations. However, in this increased threat environment, the Secret Service is constantly adjusting our protective posture to ensure the highest levels of protection at all times and in all places,” U.S. Secret Service spokesperson Special Agent Matt Young said in a statement to NBC News. The McDonald's was closed for normal business, and the cars that went through the drive-thru were pre-selected and screened by Secret Service in advance.
Persons: Kamala Harris, Donald Trump’s, they’ve, , Harris, typify, Matt Young, , Trump, Sen, JD Vance, Ohio, ” Vance, That’s, Vance, he’ll, Joe Biden, Charlemagne Tha God Organizations: Secret Service, Trump, Secret, NBC News, Service, bodega, Fox Locations: U.S, Butler , Pennsylvania, Harlem, Pennsylvania, Williamsport , Pennsylvania, Michigan, Detroit
A mid-October poll by The Associated Press measured which of the two candidates voters trust on a variety of economic issues. Harris’ campaign declined to say where she wants to set the federal minimum wage, which is currently $7.25 per hour. Former President Donald Trump answers questions as he works the drive-thru line at a McDonald's on Oct. 20 in Feasterville-Trevose, Pa. “Donald Trump is running on a middle-class tax hike, Kamala Harris is running on a middle-class tax cut,” Harris campaign spokesperson James Singer said. “Working families like rank-and-file Teamsters overwhelmingly support President Trump because only he will Make America Wealthy, Strong, and Great Again.”
Persons: Donald Trump’s, Kamala Harris, Harris, Trump, , Kent Smetters, Sen, Chris Caldwell, Harris ’, Smetters, , hasn’t, Joe Biden, Donald Trump, Win McNamee, “ Donald Trump, ” Harris, James Singer, , Anna Kelly Organizations: Biden, Tufts University, Trump, University of Pennsylvania’s Wharton School, Daily, Wharton, Democratic, The Associated Press, Voters, Bureau of Labor Statistics, Economic, Institute, Republican National, Teamsters, America Locations: Pennsylvania, McDonald’s, Las Vegas, U.S, Arizona, Feasterville, Pa, China, Communist
Elon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept. The Cybercab is Tesla’s concept of a “dedicated robotaxi” that the company says it wants to produce by 2027, and sell for under $30,000. “Alcon refused all permissions “and adamantly objected to Defendants suggesting any affiliation between BR2049 and Tesla, Musk or any Musk-owned company,” the civil suit in Los Angeles federal court alleges. Musk has promised Tesla shareholders a robotaxi for more than a decade. However, Tesla has never produced a vehicle that is safe to use without a human ready to steer or brake at any time.
Persons: Elon Musk, Musk, “ Alcon, , Alcon, Alcon’s, , Tesla, Donald Trump’s Organizations: Warner Brothers Discovery, Alcon Entertainment, Warner Brothers, CNBC, The New York Times, Musk, Donald Trump’s Republican, U.S Locations: Burbank , California, Los Angeles, Alcon
New York Magazine announced Monday that it is parting ways with star political reporter Olivia Nuzzi, whose previously undisclosed personal relationship with Robert F. Kennedy Jr. led to an investigation into her work during the 2024 campaign. This investigation, conducted by the law firm Davis Wright Tremaine, “reached the same conclusion as the magazine’s initial internal review of her published work, finding no inaccuracies nor evidence of bias,” New York Magazine said in a statement on its website. Kennedy’s spokesperson, meanwhile, wrote that the former presidential candidate “only met Olivia Nuzzi once in his life for an interview she requested, which yielded a hit piece.”Nuzzi wrote a profile on Kennedy in November 2023, headlined: “The Mind-Bending Politics of RFK Jr.’s Spoiler Campaign.” Its subheading read: “He’s a conservative. And he could turn the presidential race upside down.”Kennedy dropped out of the race in late August and endorsed Donald Trump. He is the son of the late Attorney General Robert F. Kennedy and is married to “Curb Your Enthusiasm” star actress Cheryl Hines.
Persons: Olivia Nuzzi, Robert F, Kennedy Jr, Davis Wright Tremaine, , , Ari Wilkenfeld, ” Nuzzi, Kennedy, Nuzzi, Kennedy’s, He’s, ” Kennedy, Donald Trump, Cheryl Hines Organizations: New York Magazine, ” New York Magazine, Washington Correspondent, New York Times, RFK Jr
Since an 0-2 start Baltimore has had the best month of any team in the NFL. On Monday, they face a Tampa Bay team that has shown last season’s playoff berth was no fluke. Baltimore’s 35.5 points per game over its last three games is third-best in the NFL behind only Detroit and, yes, Tampa Bay (38.0). Henry is averaging 5.4 yards per carry on the road, where quarterback Lamar Jackson is averaging 6.2 yards, too. It sets up a strength vs. strength matchup, given the Buccaneers’ defense ranks among the league leaders in stopping the run by allowing 113 rushing yards per game.
Persons: Baker Mayfield, Derrick Henry’s, Henry, Lamar Jackson Organizations: Baltimore, NFL, Tampa Bay, Buccaneers, Tampa, New, ESPN, ABC Locations: Detroit, Tampa Bay, New Orleans
Pamela Helmstadter went to get help, but “got disoriented in the woods and could not get home,” the Maine Game Wardens said in a news release. After spending four nights in the woods, she was located on Thursday — alive, but hypothermic — by the Maine Game Wardens and warden K9s, over a mile from her home. Maine Department of Inland Fisheries & Wildlife“Pamela was found severely hypothermic but alert with her dog by her side,” the Maine Game Wardens said. In the days the couple were lost in the woods, the temperature dipped to as low as 26 degrees Fahrenheit at night, according to Accuweather. Josh Beal with the Maine Warden Service told Portland station WMTW.
Persons: , John Helmstadter, Pamela Helmstadter, Alexander, , K9s, Pamela, Mark Latti, Sgt, Josh Beal Organizations: . Maine Department of Inland Fisheries & Wildlife, Communications, Maine Department of Inland Fisheries & Wildlife, Maine Warden Service, Service Locations: Maine, Alexander , Maine, Portland
The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring. Game 1 of the World Series is Friday, Oct. 25, at Dodger Stadium in Los Angeles. The next three games of the World Series will be in New York, if the series makes it to a fifth game. The cheapest ticket for Game 3 is $1,385; Game 4 is $1,110; Game 5 is $1,110. Game 6, which is back in Los Angeles, goes for $1,359 and Game 7 has the cheapest ticket at $1,297.
Persons: SeatGeek Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, New York Mets, Dodger Locations: Los Angeles, New York
The parent company of TikTok says it has dismissed an intern that it found to have "maliciously interfered" with its artificial intelligence technology effort. In a statement in Chinese released Monday, the parent company, ByteDance, said the intern in question had committed a "serious violation" against its commercial technology team's "research project." In particular, the intern's actions affected ByteDance's AI training program, the company said. In the AI world, companies attempt to program an AI application by "training" it on vast amounts of data to recognize patterns, understand context, and make decisions — in other words, "learn." It is not clear what aspect of the AI model the intern is accused of interfering with.
Persons: ByteDance, Donald Trump, Kamala Harris, Trump, Harris Organizations: NBC News, Facebook Locations: TikTok, China
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