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CNN —An Australian teenager of Samoan heritage has been announced as the star of the upcoming live-action version of the hit Disney movie “Moana.”Seventeen-year-old Catherine Laga‘aia has been cast as the eponymous heroine of the movie, which begins filming this summer. She is no stranger to showbiz, however, as her father is Jay Laga‘aia, a New Zealand-born actor who starred in two of the “Star Wars” movies. He is also one of the movie’s producers, alongside, among others, “Hamilton” creator Lin-Manuel Miranda, who wrote much of the original movie’s soundtrack. Auli’i Cravalho starred as Moana in the original film, along with Rachel House, Nicole Scherzinger and Temuera Morrison. Disney has successfully reimagined several of its animated classics as live-action movies, beginning with “Beauty and the Beast” in 2017, followed by “Aladdin” and “The Lion King” in 2019 and “The Little Mermaid” last year.
Persons: Catherine Laga‘aia, , Alice Hart, Sigourney Weaver, Jay Laga‘aia, Dwayne Johnson, “ Hamilton, Lin, Manuel Miranda, Laga‘aia, , Moana, Tuai, I’m, Katie, Lin Manuel Miranda, John Tui, Frankie Adams, Rena Owen, Gramma Tala, Thomas Kail, “ Hamilton ”, Johnson, Auli’i Cravalho, Rachel House, Nicole Scherzinger, Temuera Morrison, “ Aladdin ”, King ” Organizations: CNN, Pacific Islanders, Disney, Samoa, Broadway, Nielsen Locations: Motunui, New Zealand, Maui, Sydney, Fa‘aala, Savai‘i, ‘ Upolu, Samoa, Australia, Moana, Zealand
US stocks ended mostly higher on Thursday as investors were encouraged by new inflation data. Data showed wholesale inflation rose less than expected in May, a day after CPI showed consumer inflation also slowed. Tesla shares jumped ahead of the results of Elon Musk's pay package vote, while Broadcom soared after earnings. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meanwhile, Broadcom stock rocketed higher on upbeat earnings and the announcement of a 10-for-1 stock split.
Persons: , Bill Adams, Elon Musk Organizations: Elon, Broadcom, Service, Federal Reserve, Traders, Bureau of Labor Statistics, Fed, Comerica Bank, BlackRock, Vanguard, Bank of America, Nvidia, Here's
The loan is expected to be delivered by the end of 2024, which would ensure the money would get to Ukraine before a potential change in US presidents. “This loan will mostly be provided by the United States and will be supplemented by money from Europe,” an Élysée source told journalists at a briefing. “Countries are still discussing how to partition the cost if the profits from Russian assets are not sufficient to cover the need,” the French source added. G7 countries began brainstorming ways to identify longer-term sources of funding for Ukraine in late 2023, as lawmakers delayed in greenlighting the White House’s funding request. The World Bank estimates that Ukraine would need more than $500 billion to rebuild, a figure that climbs each day the war continues.
Persons: Joe Biden, Donald Trump, Trump, Vladimir Putin, Jake Sullivan, Biden, ” Sullivan, , , Tim Adams, Marshall, Xiaofei Xu Organizations: Washington CNN —, US, Ukraine, Ukraine –, Atlantic, Treasury, State, National Security, Institute of International Finance, United, Marshall Plan, European, Bank Locations: Ukraine, Western, Europe, Russia, Brindisi, Italy, United States
US stocks rose to fresh records Wednesday as traders took in cool inflation and Fed comments. AdvertisementUS stocks rose on Wednesday as investors took in cool inflation data and the Federal Reserve's latest guidance on rate cuts, helping the S&P 500 to another record close. The 10-year Treasury fell seven basis points to 6.33%, rising from steeper losses earlier in the day after the central bank updated its outlook to include fewer rate cuts than previously expected. FOMC members said they didn't believe it was "appropriate" to cut rates until they had gained more confidence inflation is trending back to 2%. Fed fund futures show that investors see a 62% chance the Fed will cut rates three times or more by year-end, according to the CME FedWatch Tool.
Persons: , FOMC, Powell, Bill Adams Organizations: Service, Federal, Treasury, Fed, Comerica Bank Locations: April's
CNN —A Monday night demonstration outside an exhibition that pays tribute to those killed at an Israeli music festival last year is “really heartbreaking for everyone involved,” an exhibition spokesperson says. “It was pretty surreal that this protest took place outside of exhibition commemorating hundreds of lives of people that were lost,” the spokesperson, Michelle Rojas, told CNN Monday. The exhibition commemorates those killed at the Nova Music Festival in Israel during the October 7 attacks by Hamas. The protest was part of a “Citywide Day of Rage for Gaza,” in which pro-Palestinian protesters demonstrated outside museums across New York City on Monday. Multiple protesters were taken into custody, and 23 were released with criminal court summons, according to the New York City Police Department.
Persons: , Michelle Rojas, Israel, Eric Adams, , ” Adams, Andrew Bates, Bates, Biden, Rojas, ” Rojas Organizations: CNN, Nova Music, Brooklyn Museum, Hamas, New York City Police Department, New, New York City, Yorker, Nova, NYPD, House, Holocaust Locations: Israel, Gaza, , New York City, New York, York, United States
CNN —The Oscars of the food world — the James Beard Awards — were handed out Monday night to many chefs and restaurants reflecting cultures and regions that have long been overlooked when honoring culinary achievement in the United States. Outstanding Chef winner Michael Rafidi dedicated his award to Palestinian people all over the world in his acceptance speech. The 2024 winners bring heritage from all over the globe — the Philippines, Mexico, Japan, Peru, Vietnam, Senegal — to tables across the United States. This year’s awards also bring recognition to restaurants in many smaller towns and states that have not historically been recognized with James Beard Awards. Chef Masako Morishita received the James Beard Award for Emerging Chef.
Persons: James Beard, , Serigne Mbaye, ” Mbaye, Michael Rafidi, , Paul Smith, Lula Drake Wine, Chef Masako Morishita, Beard, Deb Lindsey, Masako Morishita, Atsuko Fujimoto, Morishita, Adams Morgan, Fujimoto, Baker, Ruth Reichl, Reichl, , foodie, James Beard’s, ” Beard, Hamissi Mamba, Nadia Nijimbere, MI, Yenvy Pham, Phở, WA Chris Viaud, NH Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Sarah Minnick, Dean Neff, Renee Touponce, David Uygur, Christine Dong, Fariyal Abdullahi, Janet Becerra, SC Ryan Fernandez, Mel, Baker Susan Bae, Jesus Brazon, Manuel Brazon, Crystal Kass, Valentine, AZ Anna Posey, Hospitality Crawford, NC Gemma, Lula Cafe, Vin, California Geoff Davis, CA Rogelio Garcia, Auro, Lord Maynard Llera, Kuya, Los Angeles , CA Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, Jose Salazar, Sarkar, Hajime Sato, Sozai, MI Jenner Tomaska, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, NY Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, NY Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, WA Kristi Brown, WA Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Washington , NC Rod Lassiter, Parnass Savang, James London, Chubby Fish, SC Robbie Robinson, Valerie Chang, FL Hunter Evans, Jackson, MS Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, NM Eduardo Rodriguez, Zacatlán, Texas Emmanuel Chavez, Houston , TX Christopher Cullum, Cullum’s Attaboy, San Antonio , TX Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Dakar NOLA, Lyric Opera, Michelin, Beverages Program, Chefs, The Washington Post, Washington Commanders, The New York Times, Gourmet Magazine, James, James Beard Foundation, Hav, Seattle , WA Nikko Cagalanan, SC, NY, Dakar, FL Kisser, Nashville , TN Oro, Caracas Bakery, AZ, Hospitality, IL, NY Woodford Food & Beverage, Beverages, SC The Morris, D.C, BEST, Social Haus, UT, New, New York State, Pacific, FL, Houston , TX Locations: United States, New Orleans, West Africa, Chicago, Portland , Oregon, Pacific, Albi, Washington, Ramallah, Philippines, Mexico, Japan, Peru, Vietnam, Senegal, West Virginia, Charleston , West Virginia, Columbia , South Carolina, Mission , Texas, Mystic , Connecticut, Easton , Maryland, Portland , Maine, Tokyo, Perry’s, Adams, DC, Bakery, Detroit, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington ,, Albi , Washington, The, Lucia, Dallas , TX, Santa Fe, Marfa ,, San Antonio ,, Springs, , New York, Pancita, Seattle , WA, Kultura, Charleston, Southern Junction, Buffalo, Waitsburg, Lockhart, TX, Carmel, Dorchester, Dakar NOLA , New Orleans, LA Hayward, McMinnville, Kaya, Orlando, Nashville , TN, Nixta , Minneapolis, Shan, Bozeman, Albuquerque, Long Beach ,, Hudson, Caracas, Doral, Miami, Phoenix, Elske, IL, Son, Raleigh, NC, Dallas ,, New York, NY, Columbia, San Francisco ,, Anaheim , Anaheim, , Washington, Waxlight, Montpelier, VT, Baltimore, , New Orleans, LA, Brownsville ,, California, Burdell, Oakland, Calistoga, Los Angeles ,, San Diego ,, Kru, Sacramento, Lakes, MI, Cleveland ,, Mita’s, Cincinnati, Indienne, Clawson, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MN, MO, WI, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee, Hai Hai , Minneapolis, Omaha, UT, WY, Greenough, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence ,, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, TN, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, AZ, NM, Bacanora, Oklahoma City, Henderson, Mesa, Tatemó, Houston ,, Austin ,, Mission
CNN —Judge Aileen Cannon had been on the federal bench for little more than a year when a senior judge offered to preside over one of her first criminal trials in her isolated south Florida courthouse. In her seven years as a Justice Department attorney, Cannon participated on the trial teams of just four criminal cases. Still, Cannon has asked questions in the Trump case that appear out of left field. Her orientation toward such legal rabbit holes is not distinct to the Trump case, veterans of her courtroom say. Ultimately, nearly every attorney CNN spoke to said that Cannon, despite the criticism, is unwavering in her beliefs about how each case in her courtroom should proceed.
Persons: Aileen Cannon, , Paul C, Huck, Cannon, , ” Huck, I’d, Donald Trump, she’s, Trump, Cannon –, who’s, Lothar Speer, Jack, Cannon chalked, Cannon's, “ She’s, Lee Adams, Sr, Lynne Sladky, Smith, Jack Smith, Cannon testily, , they’ve, ” CNN’s Sara Murray Organizations: CNN, Southern, Southern District of, Trump White House, Justice Department, West Palm Beach, CNN Defense, Trump, Courthouse, FBI, Fort, Records, National Archives, Biden, Obama Locations: Florida, Fort Pierce, Southern District, Southern District of Florida, America, West Palm, Florida’s, Cannon, Fort Pierce , Florida
CNN —Rachel Smolkin, a veteran media executive who leads CNN’s global digital news, is departing the network to become the next president and CEO of Oregon Public Broadcasting. OPB called Smolkin a forward-thinking journalist and a strong business strategist who can help lead the 100-year-old public media organization through a difficult environment for the journalism industry – and public media, in particular. “Rachel will advance our work with deep experience in journalism, wide professional networks and adaptive leadership skills.”Smolkin joined CNN in 2014 to lead politics coverage for CNN Digital. Over the past several years, Smolkin’s purview grew to include national, international, business and live news for CNN Digital. Before joining CNN, Smolkin worked at Politico, USA Today and the American Journalism Review.
Persons: Rachel Smolkin, OPB, , Rukaiyah Adams, “ Rachel, ” Smolkin, Rachel, Virginia Moseley, CNN’s, “ She’s, Smolkin, Mark Thompson, , Steve Bass, Sam Feist Organizations: CNN, Oregon Public Broadcasting, CNN Digital, University of Virginia’s Darden School of Business, Politico, USA, American, SPAN Locations: Oregon, Pacific Northwest, , Washington
Nvidia added to gains a day after it rallied to become the world's second-most-valuable company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks were mixed on Thursday as the market struggled for direction a day after Nvidia's record-setting gain and ahead of a highly anticipated nonfarm payroll report for May. While that's higher than estimates, it is still historically low, pointing to continued strength in the labor market amid the lowest unemployment rate in decades. On Friday, investors will get a fuller picture of the labor market with the May nonfarm payroll report.
Persons: Organizations: Nvidia, ECB, Service, Federal Reserve, Apple, Microsoft
New York CNN —Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan. The chain, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, filed for bankruptcy last month. Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. Part of its plan is to close some locations of its nearly 600 restaurants in the meantime. A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States.
Persons: Fort Smith, Callaghan Lane, Fort, Elizabeth, Merritt, Port Richey, Dale Mabry, Ames, Charles Rock, Noland, Pike, Miller, Monroe, King of Prussia, Knox Abbott, Sam Rittenburg, Anderson Lane, Michael, Van Dorn, Murdock Organizations: New, New York CNN, Beulah, Bell, Oracle, Yuma Palms, Hospitality, College, Run, Fort Myers, Fort Walton, Biscayne, , Michigan City, Charles, Bartow, Pittsburgh, Lamar, Fairfax Locations: New York, America, United States, . Alabama, E, Tuscaloosa Arizona, Flagstaff, Peoria, Phoenix, Tucson, Yuma Arkansas, Shiloh, Fayetteville, Springs, Little Rock California, Citrus Heights, Calaveras, Milpitas, Ave, Monrovia, Pittsburg, Salinas, Hospitality Lane, San Bernardino, San Jose, Lane, Stockton, Vallejo Colorado, Colorado Springs, Fort Collins, Greeley, Pueblo Connecticut, North Haven Delaware, Talleyville Florida, Altamonte Springs, Clermont, North, Clearwater, Coral Springs, Fort Lauderdale, Cleveland, Fort, Fort Walton Beach, Hwy, Kissimmee, Worth, Lake Worth, Lakeland, Leesburg, Haven Ave, Melbourne, Merritt, St, Miami, North Miami, Orange, Alafaya, Orlando, Pensacola, Port, Petersburg, Tampa, The, West Palm Beach Georgia, Columbus, Jonesboro, Rome, Smyrna Illinois, Bourbonnais, Champaign Indiana, Kokomo, , Michigan, Richmond Iowa, Ames Kansas, Topeka Kentucky, Louisville, Paducah Maryland, Salisbury, Salisbury Michigan, Bay City, Waterford Minnesota, West, Bloomington, Golden Valley Mississippi, Tupelo Missouri, Charles Rock Rd, Bridgeton, Independence, Joplin New Jersey, Delran, Paramus New York, Bartow Ave ., Bronx, Copiague, Lakewood, Manhattan, Glen Street, Queensbury, Stony Brook North Carolina, Cary, Jacksonville Ohio, Dayton, Findlay, Maumee, S.E, , New Philadelphia, Parma, Strongsville, Monroe St, Toledo Pennsylvania, Chambersburg, DeKalb Pike, Pittsburgh South Carolina, Cayce, Charleston Tennessee, Chattanooga Texas, Austin, Padre, Corpus Christi, Duncanville, Frisco, Houston, Lubbock, Bedford, Richland Hills, San Antonio, San Marcos, Shenandoah, Texarkana, Wichita Falls Virginia, Alexandria, Blvd, Chesapeake, Fairfax, Spotsylvania, Fredericksburg, Richmond, Broad, Virginia Beach, Pkwy, Virginia Beach Washington, Lynwood, Randall Way, Silverdale West Virginia, Parkersburg
The stock market rally wobbled on Thursday as indexes traded mixed ahead of the May nonfarm payroll report. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Bank of America said last week that a reading of 125,000-175,000 would be a Goldilocks zone that could kickstart a fresh rally in the stock market. On Thursday, JPMorgan strategists laid out the three scenarios that could catalyze a sell-off in stocks this summer, one of which surprise in any upcoming employment report. The retail-trading icon scheduled a live stream on his YouTube channel for Friday, helping to send GameStop stock as much as 41% higher.
Persons: Keith Gill's, , Chris Zaccarelli, Keith Organizations: GameStop, Service, Bank of America, JPMorgan, YouTube, AMC, Apple Locations: obsessing
The concrete jungle is an increasingly unfriendly playground for young kids and their parents. Families with kids under six years old are more than twice as likely to leave New York City than families without young kids, according to a new report from the Fiscal Policy Institute, a left-leaning think tank. To make matters worse, many parents of young kids were thrown into a panic several months ago when New York City Mayor Eric Adams announced he would cut $567 million from public preschool programs for three-year-olds. Between 2020 and 2022, 17,500 millionaires moved into New York City, while 2,400 left, FPI reported last year. Have you left New York City or State because of rising childcare and housing costs?
Persons: Eric Adams, Adams, FPI Organizations: Service, Fiscal, Institute, Business, The New York Times, New York City, Yorkers Locations: New York City, The, New, New York, Black
Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.
Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey
It became the most-watched reality series in the streamer's history and spawned some instantly classic memes, largely courtesy of "Real Housewives" star Phaedra Parks. Britney HaynesBritney Haynes was a houseguest on "Big Brother" season 12, "Big Brother" season 14, and "Big Brother: Reindeer Games." Chanel AyanChanel Ayan stars on "The Real Housewives of Dubai." Bravo/Getty ImagesKnown for: "The Real Housewives of Dubai"Follow her on Instagram here. Gilbert Flores/Variety via Getty ImagesKnown for: "Down to Earth with Zac Efron" (and being Zac Efron's brother)Follow him on Instagram here.
Persons: , Peacock, Dan Gheesling, Su, Tom Sandoval, Lord Ivar Mountbatten, Queen Elizabeth, Jeremy Collins, there's, Zac Efron's, Dylan Efron, Britney Spears, Sam Asghari, Phaedra Parks, Bob Harper Bob Barker, Bob, Bob the, Charley Gallay, Britney Haynes Britney Haynes, Sonja Flemming, Carolyn Wiger Carolyn Wiger, Robert Voets, Chanel Ayan Chanel Ayan, Ciara Miller Ciara Miller, ", Danielle Reyes Sonja Flemming, Dolores Catania Dolores Catania, Evan Agostini, Johnny Nunez, Dylan Efron Dylan Efron, Gilbert Flores, Zac Efron, Gabby Windey, Craig Sjodin, Jeremy Collins Jeremy Collins, Ivar Mountbatten Lord Ivar Mountbatten, David M, Nikki Garcia Nikki Bella, Rob Mariano Rob Mariano, Timothy Kuratek, Robyn Dixon Robyn Dixon, Rich Polk, Sam Asghari Britney Spears, Kevin Winter, Tom Sandoval Tom Sandoval, Ariana Madix's, Tony Vlachos Tony Vlachos, Wells Adams Wells Adams, Nick Agro Organizations: Service, Business, Getty, CBS, Housewives of, Netflix, Housewives, New, Los Angeles, Variety, ABC, Survivor, Bravo Locations: Housewives of Dubai, Jersey, New York, Cambodia, BravoCon
CNN —By now, the famed photographer Gregory Crewdson’s well-oiled, large-scale shoots are well documented. Gregory CrewdsonCrewdson nods to the Hitchcock classic “Vertigo” and the female lead’s doubled self in this photograph from his most recent series, “Eveningside,” from 2021-22. For the series, the photographer returned to Adams, Massachusetts, and transformed vacant storefronts, revisiting locations from earlier series. With Crewdson’s work, he added: “It’s completely staged, and every detail is thought through. It’s that moment — not the final picture — that he’s always chasing, he reiterated on the call.
Persons: Gregory Crewdson’s, Crewdson, ” Crewdson, , Gregory Crewdson Crewdson, Hitchcock, , Gregory Crewdson, Walter Moser, David Lynch, Steven Spielberg, Alfred Hitchcock, ” Moser, Jeff Wall, Cindy Sherman, Philip, Lorca diCorcia —, It’s, it’s, he’s, Juliane Hiam, , Moser, Sherman, Edward Hopper, William Eggleston, ” Gregory Crewdson, HBO’s, Julianne Moore, Tilda Swinton, Phillip Seymour Hoffman, Gwyneth Paltrow, Taylor, Haze ”, “ it’s, ’ ”, hasn’t, Rick Sands, Wes Anderson, ” Gregory Crewdson “, I’ve Organizations: CNN, Albertina, , Pines, , New York Times Magazine, Yale Locations: Connecticut, Western Massachusetts, , Adams , Massachusetts, Vienna, Brooklyn ; New Haven , Connecticut, Pittsfield , Massachusetts, Crewdson’s, Vermont, America, Massachusetts, New York, New Haven, Pittsfield, Italy, Rome
New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.
Persons: , takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn
Cooling labor also extended a Treasury rally, with yields on the benchmark 10-year note dropping over seven basis points. Advertisement"When the job market was red-hot in 2022, Fed officials were getting concerned that wage-price pressures could cause inflation to accelerate out of control," Comerica's chief economist Bill Adams said. "Most labor indicators are pointing to a considerably cooler job market now. In Bank of America's view, a reading of 125,000-175,000 would be the optimal range, pointing to continued strength without the need to keep interest rates higher for longer. The bank said a reading in that range would be a catalyst for further stock market gains.
Persons: , Tuesday's, That's, Bill Adams, Powell, May's Organizations: Fed, Service, Bureau of Labor Statistics, Federal Reserve, Treasury, Bank, Here's
Perhaps the last thing the market needs is another shady financial product that pushes low-income Americans into homes they can’t afford, under terms that could bankrupt them. The zero-down mortgage is making a comeback, my colleague Matt Egan reports. And honestly, when has the value of the housing market ever gone anywhere but up up up up? The housing market, as we all remember from “The Big Short,” does not always go up. One way for motivated buyers to hunt for a lower mortgage rate is buy someone else’s.
Persons: America’s, aren’t, Matt Egan, you’re, let’s, didn’t, you’d, you’ll, , Patricia McCoy, ” Alex Elezaj, ” Adams, , Samantha Delouya, Ellen Harper, Samantha, ” Harper Organizations: New, New York CNN, Wall, United Wholesale Mortgage, Boston College Law School, CNN, Locations: New York, Georgia
CNN —ESPN host Pat McAfee is facing backlash after he called WNBA star Caitlin Clark a “White b*tch” during a rant on his show Monday while praising her accomplishments in the women’s basketball league. There is one White b*tch for the Indiana team who is a superstar.”McAfee went on to describe how Clark “carried” Iowa’s basketball program and shattered NCAA scoring records. But instead we have to hear people say we only like her because she’s White, and she’s only popular because the rest of the rookie class is doing what they’re doing. ET on X, formerly known as Twitter: “I shouldn’t have used ‘white b*tch’ as a descriptor of Caitlin Clark. “Referring to Caitlin Clark as ‘the white b*tch for Indiana.’ That’s beyond being too comfortable.
Persons: Pat McAfee, Caitlin Clark, McAfee, Clark, she’s, Guess, ” McAfee, Clark “, she’s White, , Caitlin, , Kim Adams, , Alexa Philippou, Nicole Auerbach, , Jemele Hill, Aaron Rodgers, baselessly, Jimmy Kimmel, Jeffrey Epstein, Kimmel, Rodgers, Norby Williamson, Williamson Organizations: CNN, ESPN, McAfee, NFL, WNBA, Indiana, NCAA, Athletic, NBC, Jemele, Indiana Fever, New York Jets, ABC Locations: Indiana
"Suits" actor Patrick J. Adams said a reunion movie is "possible." He said that the show's creator, Aaron Korsh, is "interested" in bringing the original cast back. Adams also pointed out that bringing the show back in some way "depends on a million things." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Suits" actor Patrick J. Adams said that a reunion movie has been discussed, and the show's creator, Aaron Korsh, is "definitely" interested in bringing it to life.
Persons: Patrick J, Adams, Aaron Korsh, , Mike Ross, Harvey Specter, Gabriel Macht Organizations: Service, Harvard Law, Business Locations: New York
Waste Management : The company agreed to buy medical waste-disposal company Stericycle for $5.8 billion. Stericycle shares rose 15% on the news. Becton Dickinson : The company agreed to buy Edwards Life Sciences' critical care unit for $2.3 billion. Jim said that Spotify is a best-in-class subscription service, and its stock is "going to go higher" on a fee bump. The stock rose more than 4.5% on Monday.
Persons: Jim Cramer's, Jim Cramer, Becton Dickinson, Jim, Jim Beam, Sam Adams, it's, Skydance, CNBC's David Faber Organizations: CNBC, Club, Waste Management, Edwards, Sciences, Boston Beer, Bloomberg, Suntory, Paramount Global, Paramount, Spotify Locations: U.S
The incredible oblivion of Judge Marvin Isgur
  + stars: | 2024-06-03 | by ( Dakin Campbell | )   time to read: +45 min
On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."
Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, , — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing
Barra sold more than $27 million worth of stock on May 28, joining several other GM insiders who have done similar trades this year. Meanwhile, Benioff sold more than $12 million worth of shares over the course of several days. Salesforce CEO Benioff sold 45,000 shares at an average price of $270.70 for a total of $12.18 million. The biggest move came from two insiders at a small investment firm — Oxford Lane Capital — who combined to buy $50 million worth of the stock. Claros Mortgage CEO Richard Mack bought 160,000 shares at an average price of $7.20 for a total of $1.15 million.
Persons: Mary Barra, Marc Benioff, Barra, Benioff, execs, Verity, Salesforce's, General Motors CEO Barra, Anthony Casalena, Brice Hill, Gerald Morgan, Cameron Breitner, Jonathan Cohen, Saul Rosenthal, Joseph Adams Jr, John Rakolta Jr, Richard Mack, , Nick Wells Organizations: VerityData, General Motors CEO, Texas, Lane Capital —, Capital Partners, Oxford Lane Capital, FTAI Aviation, Petco, Wellness, Claros Locations: 10b5
Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy , will pay $40 million to settle a tax fraud lawsuit brought by the Washington D.C. Attorney General, the AG's office announced Monday. The D.C. attorney general charged both Saylor and MicroStrategy with tax evasion, claiming that the company helped its founder disguise his D.C. residency so that he could avoid paying higher income taxes. MicroStrategy also allegedly failed to pay the corporate taxes required for a company employing D.C. residents, of which Saylor was only one of several. The original suit against Saylor was brought in 2022 by former D.C. attorney general Karl Racine. From 2006 to 2008, Saylor bought three luxury D.C. condos that he later renovated into a single complex that he called the "Trigate."
Persons: Michael Saylor, Saylor, Brian Schwalb, MicroStrategy, Karl Racine, Adams Morgan, James, Tony Stark Organizations: Washington D.C, Nasdaq, Forbes, District of Columbia Locations: District, Columbia, Florida, Virginia, Washington, Georgetown, Potomac, Saylor, Georgetown's, Adams
Waste Management , SteriCycle — Shares of medical waste-disposal company Stericycle jumped 16% after Waste Management agreed to buy the company for $7.2 billion. Waste Management fell 1.5%. MarineMax — MarineMax, a recreational boat and yacht services company, popped 19% on a report that OneWater Marine is in talks to buy the company for $40 a share in cash. Boston Beer Company — Shares slid 11% after Bloomberg reported that Japanese brewer and distiller Suntory denied it's in talks to buy the Samuel Adams owner. Paramount Global — Shares added more than 6% after Skydance Media revised its buyout offer for Paramount and gave nonvoting shareholders an option to cash out Paramount Class B shares at a roughly 26% premium to Friday's close.
Persons: Keith Gill, Kitty, Stericycle, , Cava, Rubin, Blackwell, it's, Samuel Adams, Alex Harring, Brian Evans, Michelle Fox Theobald Organizations: GameStop, AMC Entertainment, AMC, Waste Management, Bloomberg, JPMorgan, Nvidia, AMD, Monday, Sunday, Bank of America, Boston Beer, Suntory, Street, Citi, Spotify, GSK, Autodesk — Autodesk, Paramount, Skydance Media Locations: Cava, Taipei, U.S, Delaware
Total: 25