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☆ Trump’s influence already generating drama among world leaders as G20 gets underway
▼ + stars: | 2024-11-18 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

It was just one example of Trump casting a long shadow over a pair of world leader summits taking place in South America this week. Yet to many involved in the discussions, the episode suggested the contention that colored world leader summits during Trump’s first presidency may be poised to return. “You can already see the Trump effect taking hold,” one Western diplomat said as the summit was getting underway. “Trump will only cause more divisions, and more divisions mean less leverage and less influence,” the official went on. “President Biden is that president, he will be handing off power in January, and it will be up to a new administration to decide what to do with it.”

Persons: Rio de Janeiro CNN — Donald Trump’s, Javier Milei, it’s, Trump, Joe Biden, Tulsi Gabbard, Pete Hegseth, Xi Jinping’s, Biden, ” Xi, Jake Sullivan, Xi, Donald Trump, Alex Brandon, Milei, Trump’s, ” Biden, “, “ Trump, ”, Jon Organizations: Rio de Janeiro CNN, Argentine, Trump, APEC, Fox News, Pentagon, White House, GOP, AP, “ Conservatives, Sunday Locations: Rio de Janeiro, Argentina, South America, Peru, Japan, South Korea, China, Lima, Rio, Paris, Ukraine, Russia, Moscow

CNN —The spokesperson of the Lebanese militant group Hezbollah, Mohammed Afif, was reportedly killed in an Israeli strike on Beirut on Sunday. The attack was just the fourth Israeli strike inside Beirut’s city limits since 2006, when a 34-day armed conflict between Israel and Hezbollah took place. Dozens of Palestinians displaced by the ongoing Israeli operation in the nearby Jabalya area were sheltering in two of the houses hit, a local journalist said. People check the rubble of a building hit in an overnight Israeli strike in Beit Lahya in the northern Gaza Strip on November 17, 2024. Israeli forces withdrew after clashing with Hezbollah, Lebanese state media said.

Persons: Mohammed Afif, Afif, Ras, Hassan Nasrallah, Israel, Afif’s, Beit, “, panicking, Mahmoud Azaiza, Ali Jadallah Organizations: CNN, Reuters, Israel Defense Forces, Hezbollah, Getty, Al Aqsa Martyrs Hospital, IDF Locations: Lebanese, Beirut, Sunday, Beirut’s, Israel, Lebanon, Beit Lahiya, Gaza, Beit Lahya, AFP, Jabalya, Al Aqsa, Deir al, Anadolu, Chama, Haret

☆ A Qantas flight made an emergency landing in Sydney due to a suspected engine failure on a Boeing 737
▼ + stars: | 2024-11-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Qantas flight QF520 had to make an emergency landing in Sydney after a suspected engine failure. As of June 30, the Qantas Group had 347 aircraft, 75 of which were Boeing 737-800 planes. AdvertisementA Qantas flight headed to Brisbane had to make an emergency landing at Sydney Airport after a suspected engine failure. Qantas flight QF520 made a safe landing just after 1 p.m. local time, a spokesperson for Sydney Airport told Business Insider. As of June 30, the Qantas Group had 347 aircraft, 75 of which were Boeing 737-800 planes.

Persons: QF520, — Organizations: Qantas, Boeing, Qantas Group, Service, Sydney Airport, Business, Aviation, Fighting, Sydney, Airbus, Alaskan Airlines Locations: Sydney, Brisbane, Tokyo, Oregon, California

water systems to remove fluoride from public water." Kennedy cited linked fluoride to various illnesses, despite major medical associations supporting water fluoridation, which they say is safe and a benefit to public health. Similarly, the American Dental Association says on its website that water fluoridation is "safe and effective." Water fluoridation is not ubiquitous, and the CDC does not mandate fluoridation programs. Some cities have worked to end public water fluoridation programs as groups argue that it should be up to them to decide whether they want fluoride in public water supplies.

Persons: WASHINGTON, Robert F, Kennedy Jr, Trump, Kennedy, , Michael Connett, ” Trump, “, Danielle Alvarez, Alvarez Organizations: U.S, Democratic, Trump, American Dental Association, American Academy of Pediatrics, Centers for Disease Control, Dental Health, CDC Locations: Kennedy, Arizona, U.S

Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.

Persons: Charlotte Kates, Kates, “, ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, ”, —, Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, ”, Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan

☆ Pam Kaur: HSBC names first female chief financial officer, unveils a major overhaul
▼ + stars: | 2024-10-22 | by ( ) edition.cnn.com time to read: +2 min

A new leadership structure, which includes the appointment of Pam Kaur as the lender’s first female chief financial officer, would “unleash our full potential and drive success into the future,” CEO Georges Elhedery said in a memo to staff. The overhaul sees Elhedery tackle one of HSBC’s most intractable problems. HSBC (HSBC) did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on October 29. Kaur, 60, takes over as CFO having served as HSBC’s chief risk and compliance officer. She joined the bank in April 2013 as group head of internal audit.

Persons: London —, Pam Kaur, Georges Elhedery, Elhedery, ”, Ben Toms, Kaur, Colin Bell, Stephen Moss Organizations: London — HSBC, HSBC, RBC Capital Markets Locations: Hong Kong, London, United Kingdom, United States, France, Canada, Asia, Europe, East

A pro-Hamas organization that has helped organize protests on American college campuses is a “sham charity” that fundraises for a terrorist group, the Treasury Department said Tuesday. Kates’ husband, Khaled Barakat, was also sanctioned by the Treasury Department. The Treasury Department said its actions would help protect legitimate charity organizations. Barbara McQuade, the former U.S. Attorney for the Eastern District of Michigan, said the Treasury designation will impact Samidoun’s fundraising efforts. Matthew Miller, a State Department spokesperson, said in a statement that the “United States will continue to disrupt sham organizations that function under the guise of humanitarian organizations while funding terrorism.”

Persons: ”, Charlotte Kates, Samidoun, Bradley Smith, Kates, Khaled Barakat, Barakat, Israel “, Barbara McQuade, ” McQuade, it’s, Matthew Miller Organizations: Treasury Department, U.S, Palestinian Prisoner Solidarity Network, NBC News, Treasury, Popular Front, Liberation, Palestine, Terrorism, Financial, West Bank, “, Attorney, Eastern, Eastern District of, State Department hasn’t, State Department Locations: Vancouver, Gaza, Germany, Israel, Eastern District, Eastern District of Michigan, webinars, United States

☆ Disney lands an upgrade — plus, why we're considering adding to this laggard stock
▼ + stars: | 2024-09-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Don't overlook Disney : Shares of Club name Disney have quietly put together a solid September, up about 6% in the month. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell, Powell, we've, Jim Cramer's, Coterra, McCormick, We'll, Jim Organizations: CNBC, Federal, National Association for Business Economics, Disney, Seaport Research, Seaport, Energy, Coterra Energy, Jim Cramer's Charitable Trust, Jim Cramer's Charitable Locations: Nashville

By comparison, from Ohio’s March primary through August, Democrats held the edge, dropping $78.5 million on ads to Republicans’ $59 million. “Bernie’s special interest allies are dumping hundreds of millions of dollars into this race to try and defeat Sherrod because they know Sherrod will always stand up to them to do what’s right for Ohio,” Brown spokesperson Matt Keyes said in a statement. Democrats, who hold a one-seat majority in the Senate, are growing increasingly nervous about Sen. Jon Tester’s re-election bid in Montana. Democrats had a clear advertising advantage coming out of a contentious March primary that cost Moreno’s campaign millions of dollars to win. Close behind is WinSenate, a political action committee affiliated with the Democrats’ Senate Majority PAC, which has spent more than $22 million this month.

Persons: Sen, Sherrod Brown, Bernie Moreno, Brown, ”, Jai Chabria, JD Vance’s, “, Moreno, Sherrod, ” Brown, Matt Keyes, Jon Tester’s, Larry Hogan, Gary Peters of, “ We’re, ” Philip Letsou, Chuck Schumer, Kamala Harris, ” Letsou, Barack Obama, Donald Trump, “ Sherrod, Chris Grant, Moreno’s, it’s, beholden, Harris, Joe Biden, Bernie, Scott Guthrie, ” Peters, I’m, “ Jon Tester, ” Moreno, Reagan McCarthy, chastise Brown, Mary Ann, ” Mary Ann, Bernie Moreno’s, ” Chabria, Vance Organizations: CLEVELAND, Senate, Democratic, ’, GOP, Republican, Democratic Senatorial, National Press Club, National Republican Senatorial Committee, Democrat Party, lockstep, Democrats, Defend, Jobs, Fund, PAC, National Republican, Moreno’s, ” Locations: Ohio, Montana, Florida, Texas, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin, Maryland, Gary Peters of Michigan, Washington, lockstep ”, ” Ohio, Toledo

☆ Octopuses seen hunting together with fish in rare video — and punching fish that don't cooperate
▼ + stars: | 2024-09-23 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

The Summary A new study found that some members of an octopus species hunt cooperatively in groups with fish. A new study shows that some members of the species Octopus cyanea maraud around the seafloor in hunting groups with fish, which sometimes include several fish species at once. It’s an indication that at least one octopus species has characteristics and markers of intelligence that scientists once considered common only in vertebrates. These hunting groups typically included several species of reef fish, such as grouper and goatfish. These are the ambush predators, the ones that don’t move, don’t look for prey,” Sampaio said.

Persons: aren’t, ”, Eduardo Sampaio, Simon Gingins, ” Sampaio, it’s, “, Martha, I’ve, ” It’s, Jonathan Birch, ” Birch, cyanea Organizations: Max Planck, Animal, London School of Economics Locations: Eilat, Israel

☆ Influencer couple denies leaving kids alone on cruise
▼ + stars: | 2024-09-19 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

CNN —For most people, dinner on a cruise ship is a time to relax. The couple thanked their family for helping to watch the children during the cruise, and also thanked the public. Cruise ship childcareMany cruise lines offer childcare options. “It is generally not safe for a child under eight to be left alone at home, and a cruise ship cabin is no different,” he said. There are just too many unexpected things that could happen when children are left alone in a cruise cabin or hotel room.”

Persons: Abby, Matt Howard, Abby Howard, ”, muchhhh, Howard, Abby’s, “, “ We’re, It’s, Matt Thiemann, Thiemann Organizations: CNN, ” CNN, Howards, Royal Caribbean’s, Royal Caribbean, MSC Cruises, tots, Holland America Locations: Arizona, Holland

Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.

Persons: it’s, stoke people’s, Donald Trump, ”, Jonathan Diaz, Mike Johnson, noncitizens, “, Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, —, “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, ”, ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina

☆ Gen Z Are Struggling With the Soaring Cost of Dating, Finding Love
▼ + stars: | 2024-08-15 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +15 min

AdvertisementAs someone who's also been dating through whatever it is we've been doing romantically since 2020, I've noticed that my dating costs are going through the roof. How much should a date cost? For alcohol-free drinkers, the average price of a coffee is about $6 in New York City, which is comparable with other markets. Meanwhile, an informal 2022 report found that the average cost of a full body wax was $152, and Cosmopolitan reported in January that low-end forehead Botox would cost you $300. But even with the high up-front cost of dating, getting into a long-term relationship might pay off in the long run.

Persons: Ben Keenan, he's, Keenan, —, who's, we've, I've, Amy Nobile Messing, Damona Hoffman, Poyser, Messing, there's, Hoffman, Caesar, Josh rosé, Andy Kiersz, they'd, would've, aren't, Keenan's, daters Organizations: American Museum of, Business, Inmar Intelligence, Cosmopolitan, HingeX, Seattle, Bills Locations: Seattle, New York City, Los Angeles, Hudson , New York, New York, America

Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Such escalation could also jeopardize efforts to reach a ceasefire in Gaza and release hostages, despite recent progress in negotiations. Israeli Defense Minister Yoav Gallant and US Secretary of Defense Lloyd Austin discussed comprehensive security strategies to protect Israel, according to a statement on Monday. Israel was considering its options to prepare for a regional attack over the weekend. The country braces for war in its own way and tends to pick up after itself.

Persons: Ayatollah Ali Khamenei, Ismail Haniyeh, ”, Israel, Israel hasn’t, “, Yoav Gallant, Defense Lloyd Austin, Michael Kurilla, Kurilla, Ayman Safadi, Badr Abdelatti, Ali Bagheri Kani, ‘, Masoud Pezeshkian, Safadi, Nasser Kanaani, Fu’ad Shukr, Majdal Shams, Hassan Nasrallah, Benjamin Netanyahu, ” “, ” Netanyahu, Ali Bagheri, Netanyahu, Gallant, Daniel Hagari, Lebanon scrambledto, floaties, Samer Othman, Jalaa Marey, Othman, Liz Nicholas, David Adom, Be’er, Ivana Reiser, Zeev Jabotinsky, Naama, ” Be’er, ” Baer, Reiser, Roy Dror, Ron Heckmann, they’re, Dror, ” Heckmann, Uri Shacham, Shacham Organizations: Jerusalem CNN —, Iran’s, Islamic Revolutionary Guard Corps, Saturday, US, Israeli, Defense, US Central Command, Jordanian, Egypt’s, Zionist, Israel, Iran, Sunday, Getty Images Israel, Hezbollah, CNN, Mount, Mount Herzl Military, Getty, MDA Locations: Beirut, Tel Aviv, Jerusalem, Israel, Iran, Tehran, Lebanon, Gaza, United States, Syria, Majdal, Golan, ”, AFP, Cairo, Lebanese, Beirut’s, Mount Herzl, London, Nahariyah

☆ Far-right riots erupt in U.K. in the wake of child murders
▼ + stars: | 2024-08-04 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +5 min

One police officer in the city was hit on the head with a chair and another kicked and knocked off his motorcycle. The police force responsible for the region has confirmed that two officers were taken to the hospital with injuries. Police officers face off with protesters during a far-right demonstration in Bristol, England. The latest demonstrations puncture any idea that Starmer’s center-left government has evaded an ascendant hard-right movement that continues to rise on the continent. Behind his majority, there remains an angry and active far-right undercurrent that continues to make itself heard.

Persons: Starmer, ”, Taylor Swift, Justin Tallis, Axel Rudakubana, Tommy Robinson —, —, “, Andrew Tate Organizations: Police, Getty, Tech Against Terrorism, Guardian, English Defence, BBC Radio, Labour Party Locations: Bristol, Southport, England, Europe, Welsh, Cardiff, Britain, Romania, Rotherham

☆ US women’s soccer team qualifies for Olympic quarterfinals as group winner after 2-1 victory over Australia
▼ + stars: | 2024-07-31 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —The US women’s soccer team qualified for the quarterfinals of the 2024 Paris Olympic Games with an unbeaten record after its 2-1 victory over Australia on Wednesday. The US was victorious in all three of its group games, allowing it to book its spot in the next round as Group B winner with nine points from nine available. The US women’s national team will face Japan in the next round. Pascal Guyot/AFP/Getty ImagesAnd Smith and Rodman once again combined for the US’s opening goal on Wednesday, with Smith heading down to allow Rodman to poke home. But the US was able to hold on and maintain its 100% winning record and its spot as Group B winner.

Persons: Trinity Rodman, Sophia Smith, Korbin, Alanna Kennedy’s, –, Emma Hayes, Hayes ’, Smith, Mallory Swanson, Rodman, Pascal Guyot, Horan, Albert, Alanna Kennedy, Sam Coffey Organizations: CNN, Games, Australia, Trinity, US, Olympics, Summer, Getty, Zambia Locations: Australia, Japan, Sweden, Tokyo, AFP

☆ How Group Black's $500 million promise to Black-owned media unraveled
▼ + stars: | 2024-07-24 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +16 min

Montaque cofounded Group Black in 2021 with the goal of directing $500 million in advertising money to Black-owned media in its first 18 months. With the pledge, Group Black laid out a plan to steer money to Black media owners and acquire media companies. Bough, Group Black's chief strategy officer, was a former Mondelēz and PepsiCo marketer who presented the CNBC reality show "Cleveland Hustles." Various outlets reported that Group Black mounted bids for media companies including the Sports Illustrated publisher Arena Group, the Paramount-owned BET, Vice Media, and Vox Media. Seven former employees described Montaque as an energetic leader but said he was ultimately ineffective in executing Group Black's mission.

Persons: Travis Montaque, Weeks, Montaque, Bonin, Black, George Floyd, Breonna Taylor, Richelieu Dennis, Dennis, Ursula M, Burns, Randy Brooke, Ursula Burns, Seth Kaufman, Moët Hennessy, Gamble, Ziff Davis, offsites, Gamble —, Spokespeople, Derrick Johnson, Lionel Hahn, Todd Brown, It's, Christopher Kenna, I'm, Samantha Skey, Black's Travis Montaque, Arturo Holmes, Vivek Shah, Bough, Sheila Marmon, Media's Refinery29, Erika Goldring, Richelieu Dennis who's, Kirk McDonald, GroupM Organizations: Black, Cannes Lions, Business, Black's, SHE, Cola, Walmart, PepsiCo, CNBC, Xerox, Getty, Moët Hennessy North America, Procter, Gamble, NAACP, Urban Edge Network, Corporate America, Association of National Advertisers's Alliance, Inclusive, Multicultural, Diversity Media, Penske Media Corp, Zeta, Fox, Everyday Health, Sports, Arena Group, Paramount, BET, Vice Media, Vox Media, Galore Media, Mirror, Marmon, Media Locations: GroupM, America, Soho, Manhattan, Santa Monica, Cannes

☆ Elhedery named as third HSBC CEO in less than eight years
▼ + stars: | 2024-07-17 | by ( ) edition.cnn.com time to read: +3 min

HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said Wednesday. While the 160-year-old lender did consider external candidates, it has traditionally appointed its CEO from within. Elhedery’s appointment comes as HSBC (HSBC) tries to shift from restructuring to growth, at a time when helpful interest rate hikes may have peaked and geopolitical tensions simmer. Elhedery began his career in banking as a trader before joining HSBC in 2005. Quinn, who led HSBC for five years, will remain CEO until Elhedery starts in the role.

Persons: Georges Elhedery, Elhedery, Noel Quinn, ”, Matt Britzman, Hargreaves Lansdown, Iain Pyle, Ping, Quinn, Stanley Tsai, might’ve, it’s Organizations: HSBC, abrdn, Greater, China’s Bank of Communications Locations: Lebanon, Hong Kong, Asia, Greater China, China, East, Africa

Asia-Pacific markets traded mixed on Wednesday with Australia's S&P/ASX 200 reaching an all-time high, while an increase in business optimism among large Japanese manufacturers lifted Japanese stocks. Japan's Nikkei 225 declined 0.43% to close at 41,097.69, while the Topix rose 0.37% to end at 2,915.21. The Taiwan Weighted Index fell 0.77% after a report cited U.S. Republican presidential candidate Donald Trump saying that Taiwan should pay the U.S. for defense. I think, Taiwan should pay us for defense," Trump said in interview with Bloomberg Businessweek in June that was published on Tuesday. On a month-on-month basis, Singapore's non-oil domestic unexpectedly dropped 0.4%, compared with a expectations of a 4.1% growth.

Persons: Australia's, Donald Trump, Trump, Cho Jung, TSMC, Georges Elhedery, Elhedery, Noel Quinn Organizations: Reuters, U.S ., Nikkei, Northern Star Resources, Bellevue, Mining, Newmont Corporation, CSI, Republican, Bloomberg Businessweek, Taiwan, HSBC Holdings, Hong Locations: Asia, Pacific, Gold, Taiwan, Hong Kong

☆ HSBC appoints Georges Elhedery as group CEO starting Sept. 2
▼ + stars: | 2024-07-17 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2. Elhedery, who is the current chief financial officer, will replace outgoing head Noel Quinn in September. In late April, HSBC unexpectedly announced that Quinn would depart after nearly five years at the helm. Elhedery's appointment as CEO comes less than two years after he was promoted to chief financial officer in January 2023. HSBC Group Chairman Mark Tucker called Elhedery "an exceptional leader and banker who cares passionately about the Bank, our customers, and our people."

Persons: Georges Elhedery, Elhedery, Noel Quinn, Quinn, Mark Tucker Organizations: HSBC, Bank Locations: United Kingdom

☆ Follow a simple, 'unorthodox' 4-step strategy and buy these 5 stocks to mimic the returns of a top-3% mutual fund over the last decade
▼ + stars: | 2024-07-16 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewA growth-heavy mutual fund has crushed its index in the last decade thanks to a remarkably simple investing strategy that most bottom-up portfolio managers would decry as heresy. The Hennessy Cornerstone Growth Fund (HFCGX) managed by Neil Hennessy, Ryan Kelley, and Josh Wein is in the top 3% of its category in the last 10 years, according to Morningstar. AdvertisementThis stock screen, which doesn't examine a company's management team or balance sheet, is "a little bit unorthodox," Wein acknowledged. A 4-part pathway to strong gainsThough unconventional, the four-part vetting process that serves as the backbone of the Hennessy Cornerstone Growth Fund is far from unproven. Although Wein doesn't select stocks like most other managers, he still highlighted five stocks that he's most excited about.

Persons: —, Neil Hennessy, Ryan Kelley, Josh Wein, Morningstar, It's, Wein, " Wein, they're, Hennessy, They're Organizations: Service, Cornerstone Growth, Business, Hennessy Cornerstone Growth, Urban Outfitters, Emcor

☆ Regional bank earnings reports may not matter as group rips higher on rate cut optimism
▼ + stars: | 2024-07-16 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Regional bank stocks are breaking out, and they may be able to continue to climb even if second-quarter earnings results are modest. The SPDR S & P Regional Bank ETF (KRE) has risen for six straight trading sessions, and on Monday it closed at its highest level since December. KRE 1Y mountain This regional bank ETF is at its highest level since December. The group still trades below historical valuations more than a year after the failure of Silicon Valley Bank, Bank of America said. Notable regional bank earnings reports this week include Citizens Financial Group on Wednesday, M & T Bank on Thursday and Fifth Third Bancorp on Friday.

Persons: Ebrahim Poonawala, Banks, Poonawala, Goldman, Ryan Nash, Nash, — CNBC's Michael Bloom Organizations: P Regional Bank ETF, Federal Reserve, Fed, Bank of America, Silicon Valley Bank, Western Alliance, WAL, York, Citizens Financial Group, T Bank, Fifth Third Bancorp Locations: Silicon

☆ Argentina beats Colombia to win record-breaking Copa America title
▼ + stars: | 2024-07-15 | by ( Ben Burrows | ) www.nytimes.com time to read: +2 min

A Lionel Messi-less Argentina beat Colombia to win a record-breaking 16th Copa America title after a dramatic final in Miami. The win sees Argentina break a tie with Uruguay for all-time most in the competition’s long history. Say hello to your 16-time CONMEBOL Copa America™️ champion 🏆 pic.twitter.com/45aNRFmQhI — CONMEBOL Copa América™️ ENG (@copaamerica_ENG) July 15, 2024Angel Di Maria signed off with a title with this game — a 145th appearance for his country — his last for Argentina. They then beat Canada for a second time in the semifinal to reach a fourth final in five attempts. That streak ended in Miami, however, with Argentina taking the title and defending the crown they won four years ago in Brazil.

Persons: Lionel Messi, Messi, Lautaro Martinez, —, ike Organizations: Copa America, Argentina, CONMEBOL Copa America Locations: Argentina, Colombia, Miami, Uruguay

☆ Khvicha Kvaratskhelia relishes ‘best day’ in Georgians’ lives after Euro 2024 upset – and gets prize of Ronaldo shirt
▼ + stars: | 2024-06-27 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

“This is the best day in the lives of Georgians,” Kvaratskhelia told reporters after the game, per Reuters. But I think this is why we’re a strong team.”Cristiano Ronaldo shakes hands with Khvicha Kvaratskhelia as he was substituted off in the second half. Ronaldo encouragementVideos on social media showed the team’s excitement in the locker room, with Kvaratskhelia wearing Ronaldo’s shirt. Five-time Ballon d’Or winner Ronaldo had been frustrated for much of the match but had given his shirt to an emotional Kvaratskhelia following the defeat. The Napoli forward also spoke to his childhood hero before the match and said Ronaldo had wished him luck.

Persons: CNN —, Cristiano Ronaldo, Georges Mikautadze, ” Kvaratskhelia, ” Cristiano Ronaldo, Khvicha Kvaratskhelia, Kevin C, Cox, David Webb, “, Willy Sagnol’s, Webb, ” Webb, Ronaldo, Ballon d’Or, Kvaratskhelia, ”, “ We’ve Organizations: CNN, Crusaders, Portugal, Reuters, CNN Sport, – Wales, Napoli, Georgian Locations: Georgia, Kvaratskhelia, Gelsenkirchen ., Tbilisi, Portugal, Wales, Iceland, Spain

In the biggest shock (by the FIFA world rankings) of Euro 2024 so far, Georgia defeated Portugal 2-0 to secure a place in the knockout stages in what is their major tournament debut. Georgia reached Euro 2024 — their first-ever appearance at a major tournament — after beating Greece in a playoff penalty shootout at the end of March. They had actually finished fourth in their Euro qualifying group, ahead of only Cyprus, but reached the playoffs via the Nations League route topping Group C4. Frustration was understandable, but it consumed him for the rest of the game — right until he was substituted midway through the second half, still without a goal in three appearances at Euro 2024. Going into tonight’s game, he had conceded four goals at Euro 2024 — but that was from 20 shots on target.

Persons: Roberto Martinez, Kvaratskhelia, Georges Mikautadze, Cristiano Ronaldo, —, , Willy Sagnol, ”, Steve Clarke’s, tamely, Giorgi Mamardashvili —, Sagnol, “, Tom Burrows, Ronaldo, Goncalo Ramos, Oliver Kay, Germain, Mikautadze, Diogo Costa, Joao Palhinha, Luis de la Fuente, De la, Antonio Silva, Silva, Pedro Neto, Martinez, Joao Felix, Felix, Francisco Conceicao, Conceicao, Neto, Jay Harris, Giorgi Mamardashvili, Diogo Dalot, Chris Brunskill Organizations: FIFA, Spain, Sunday, Georgia, Greece, Nations League, Athletic, ”, Scotland, Valencia, Ajax, Portugal, Paris Saint, Albania, Wolverhampton Wanderers, Barcelona, Europa League for Locomotive Tbilisi Locations: Georgia, Portugal, Slovenia, Frankfurt, France, Belgium, Turkey, Cologne, Cyprus, Germany, Czech Republic, Romania, Europe, Metz, Paris, Napoli

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