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☆ Cleveland launches formal bid for a WNBA team
▼ + stars: | 2024-11-20 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

Dan Gilbert Cleveland Cavaliers owner talks during a press conference introducing new head coach John Beilein at Cleveland Clinic Courts on May 21, 2019 in Independence, Ohio. Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that hosts Gilbert's sports and entertainment properties, told CNBC on Wednesday that it intends to submit a proposal for a WNBA expansion team. The Cavs also have an existing practice facility in Independence, Ohio, which they said could be ready-made for a WNBA team. The Cleveland Cavs are off to their best start in history, currently sitting in first place in the Eastern Conference with a 15-1 record.

Persons: Dan Gilbert Cleveland, John Beilein, Dan Gilbert, Cathy Engelbert, Nic Barlage, Barlage, Cleveland, David Gilbert, that's, Engelbert, We're, Allen, Gilbert Organizations: Dan Gilbert Cleveland Cavaliers, Cleveland Clinic Courts, Cleveland Cavaliers, WNBA, Rock Entertainment Group, CNBC, NBA's Cavaliers, NFL's Browns, MLB's, American Hockey, Cleveland Clinic, Center, Cleveland Sports Commission, Eastern Conference, Golden State, Fortune, Allen & Company, Company Locations: Independence , Ohio, Northeast Ohio, Cleveland, Ohio, Denver, Miami, Milwaukee, St, Louis, Philadelphia, Toronto, Portland , Oregon

☆ Keith Morrison reports on the murder of Karen Swift in Dyersburg, Tennessee in "After the Halloween Party"
▼ + stars: | 2024-11-06 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +1 min

On October 29, 2011, people gathered at The Farms, a country club in the small town of Dyersburg, Tennessee. It was after midnight by the time she, Bill, and Cathy left the party and went to the Bona home where Karen planned to spend the night. Karen and Ashley went to bed in the same room. But Ashley woke up in a different room, and her mother wasn’t there. A search for the truth behind what happed to Karen Swift…For the full story, watch “After the Halloween Party” on Peacock now.

Persons: Karen Swift, Cathy Bona, Cathy, Bona, Karen, Ashley, David Swift, happed, Karen Swift …, Peacock, you’ve, Blayne Alexander, Keith Morrison Organizations: NBC Locations: Dyersburg , Tennessee

☆ CFRA: Lower demand for Berkshire Hathaway's products highlights economic slowdown
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCFRA: Lower demand for Berkshire Hathaway's products highlights economic slowdownCathy Seifert, Vice President of CFRA Research, discusses about Berkshire Hathaway’s Q3 results, its recent stock selling-spree, and what all that says about the broader US market and economy.

Persons: Cathy Seifert Organizations: Berkshire, CFRA Research, Berkshire Hathaway’s

☆ Even Warren Buffett thinks his stock is too expensive
▼ + stars: | 2024-11-05 | by ( John Towfighi | ) edition.cnn.com time to read: +3 min

CNN —Warren Buffett’s Berkshire Hathaway has over $325 billion in cash on hand. Berkshire Hathaway was a net seller of stocks across its portfolio that quarter and grew its cash-on-hand to record amounts. Berkshire Hathaway’s actions signal to investors that its stock might be overvalued, Cathy Seifert, an analyst at CFRA Research, told CNN. Buffett will repurchase shares when he thinks the price is “below Berkshire’s intrinsic value, conservatively determined,” according to Berkshire Hathaway’s regulatory filings. “All this suggests that Buffett has serious concerns about the economic backdrop and the current state of the stock market,” Mould said in a note.

Persons: CNN — Warren, Berkshire Hathaway, Buffett, Cathy Seifert, they’re, ’ ” Seifert, He’s, ” Robert Korajczyk, Aswath, “, ” Damodaran, “ They’ve, Russ Mould, AJ Bell, ” Mould, ” Korajczyk Organizations: CNN, Berkshire, Securities, Exchange, CFRA Research, Buffett, Berkshire Hathaway’s, Northwestern’s Kellogg School of Management, NYU Stern School of Business Locations: Berkshire, “, ”, —

☆ The Rise of GodGPT: Religions Are Using Bots for Spiritual Formation
▼ + stars: | 2024-11-03 | by ( John Brandon | ) www.businessinsider.com time to read: +9 min

"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.

Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, —, Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas

☆ Angel Reese: My $73,000 WNBA salary can't cover my bills—'I'm living beyond my means'
▼ + stars: | 2024-10-21 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Angel Reese may be one of the faces of the WNBA, but her time on the court hardly pays the bills. "I just hope y'all know the WNBA don't pay my bills at all," she said during a recent Instagram live, according to ESPN. Reese said her monthly rent payment is $8,000, meaning that a year's housing costs her $96,000 — more than she earns in a full season. "Being able to make six figures within three months [in Unrivaled], being able to be housed in Miami, just being able to get better …. Currently, the highest paid WNBA player is Las Vegas Aces star Jackie Young, who earned just over $250,000 this season.

Persons: Angel Reese, y'all, Reese, wouldn't, It's, Dre, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: Chicago, Star, ESPN, Reebok, Las Vegas Aces, Golden State Warriors, CNBC Locations: Florida, Russia, Miami

☆ New York Liberty star Breanna Stewart and wife receive homophobic threats amid WNBA Finals
▼ + stars: | 2024-10-16 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Police are investigating a threatening, homophobic e-mail sent to WNBA power forward Breanna Stewart's wife as the New York Liberty compete in the finals. “Being in the Finals and everything like that it makes sense to file something formal,” Stewart said. The threat came after the Liberty lost in Game 1 of the WNBA finals against the Minnesota Lynx. Stewart told ESPN the threatening email came after the Game 1 loss. She said the league will meet with the players association, players and teams to address the matter using technology and prioritizing mental health and reinforcing security.

Persons: ” Stewart, “ don’t, Marta Xargay Casademont, Marta, Xargay, “, Stewart, ”, Cathy Engelbert, ” Engelbert Organizations: New York Liberty, Police, WNBA, Spanish National, Force, New, New York Post, Associated Press, “, Liberty, Minnesota Lynx, ESPN, NBC, Lynx Locations: New York

☆ Lynx stun Liberty with 95-93 overtime win in Game 1 of the WNBA Finals
▼ + stars: | 2024-10-11 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Napheesa Collier’s turnaround jumper with 8.8 seconds left lifted the Minnesota Lynx to a 95-93 win over the New York Liberty in Game 1 of the WNBA Finals on Thursday night. With the game tied in overtime, Collier faked in the lane and scored. Before the game WNBA Commissioner Cathy Engelbert announced that the league is expanding the Finals to best-of-seven starting next year. The Liberty blew an 11-point lead in the final 3:23 of regulation when Minnesota scored 12 straight points, capped by Williams’ four-point play with 5.5 seconds left. The Liberty are looking for the franchise’s first championship while the Lynx are vying for a league-record fifth.

Persons: Collier, Courtney Williams, Kayla McBride, Cathy Engelbert, Jonquel Jones, Sabrina Ionescu’s, Jones, Williams ’, Stewart’s, Ionescu, Stewart, Spike Lee, Jason Sudeikis, Meek, Mark Vientos, Lee Organizations: Minnesota Lynx, New York Liberty, WNBA, New, Minnesota, York, Liberty, midcourt, Connecticut, Lynx, Las Vegas Aces, Commissioner’s, New York Mets Locations: New York, Minnesota, York

☆ WNBA to expand Finals to 7 games, add to regular season next year
▼ + stars: | 2024-10-11 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Napheesa Collier #24 of the Minnesota Lynx scores the game winning basket during the game against the New York Liberty during Game 1 of the 2024 WNBA Finals on October 10, 2024 at Barclays Center in Brooklyn, New York. Basketball fans will have even more chances to see their favorite stars play in the Women's National Basketball Association in the 2025 season. WNBA Commissioner Cathy Engelbert announced that the league will expand its regular season from 40 to 44 games, and its Finals series from five to seven games, both beginning next year. The Finals round will be a 2-2-1-1-1 format for home games, with the higher seed hosting first. Viewership, attendance and engagement numbers all increased for the 2024 season, and in some cases set new records.

Persons: Napheesa Collier, Cathy Engelbert, Engelbert, Caitlin Clark, Angel Reese, Breanna Stewart, A'ja Wilson Organizations: Minnesota Lynx, New York Liberty, Barclays Center, Basketball, National Basketball Association, WNBA, Portland, CNBC, National Basketball Locations: Brooklyn , New York, Toronto, Portland

☆ Berkshire Hathaway now owns 100% of BHE, but the utility giant has been a weak spot for the conglomerate
▼ + stars: | 2024-10-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett took full control of Berkshire Hathaway Energy, a utility giant that it has owned a majority stake in since 1999, but the business has been a drag on the conglomerate. Berkshire bought the stake for $2.37 billion in cash, $600 million in debt as well as a significant amount of Berkshire Class B shares , according to a regulatory filing. Berkshire Vice Chairman Greg Abel, Buffett's designated successor, sold his 1% stake in BHE for $870 million at a much higher valuation just two years ago. The utility arm has been a weak spot for the conglomerate, which has otherwise enjoyed a few outstanding years. "BHE has been under pressure," said Cathy Seifert, Berkshire analyst at CFRA Research.

Persons: Warren Buffett, Walter Scott, Buffett, Bill Stone, Greg Abel, Buffett's, Abel, BHE, Cathy Seifert Organizations: Berkshire Hathaway Energy, Berkshire, Berkshire Class, Glenview Trust Company, CNBC, BHE, Oracle, CFRA Locations: Berkshire, Omaha, BHE, Glenview, U.S

☆ Bailey Sharp, 23, was killed after plotting California man's murder; co-conspirators sentenced to life, as seen on Dateline
▼ + stars: | 2024-10-04 | by ( Tim Stelloh | Rebeccah Glaser | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +11 min

For years, Jeff Sharp often relied on the same refrain when he came upon an addict. The only reason Bailey wasn’t charged in Hilbert’s murder, Zois told “Dateline,” is because she is dead. A lawyer for Bischoff disputed this account, telling “Dateline” that his client had nothing to do with Hilbert’s murder. Bailey Sharp, 23, was killed weeks after Justin Hilbert's murder. And without that money, the arrangement between Bischoff, Bailey and Serrano fell apart in the weeks that followed.

Persons: Jeff Sharp, Sharp, —, ”, Bailey, Bailey Sharp, Justin Hilbert —, — Bailey, Amy Zois, Zois, Jared Bischoff, Bischoff, Danny Serrano, Bailey wasn’t, Ericka Sharp, “, Ericka, Jeff, it’s, ” Jeff, he’d, ” Ericka, hadn’t, Tonya Reppe, Justin Hilbert, Hilbert, Bailey —, Serrano, Bailey’s, Lance Stoyer, Justin Hilbert's, Reppe, Stoyer, Hilbert —, she’d, Ricky, Bischoff’s, ” Zois, Dateline ”, Cathy, Steve Hudson Organizations: Seattle Police, Riverside, Former Navy, “ Dateline, ”, Zois, Sheriff’s, Facebook, NBC, “, Dateline, Sharps, “ Dateline ” Locations: Southern California, Riverside County, Riverside, Inland, Riverside , Calif, Seattle, California, Texas, she’d, Palm Springs

☆ Caitlin Clark caps remarkable season with near unanimous WNBA Rookie of the Year honor
▼ + stars: | 2024-10-03 | by ( David Close | ) edition.cnn.com time to read: +3 min

CNN —After an outstanding season in which she undoubtedly exceeded lofty expectations following a historic career at the University of Iowa, Caitlin Clark was named the 2024 WNBA Rookie of the Year in a near-unanimous vote. She became the WNBA single-season assists record holder (337), an accomplishment which included a league-record 19 assists in one game. Her 8.4 assists per game average is also a WNBA record. Clark also became the first rookie to record a triple-double and holds the record for most three-pointers made (122) by a rookie in league history. Iowa's Caitlin Clark (No.

Persons: Caitlin Clark, Clark, Angel Reese, ingle, eason ➡ ️, —, eason, ake, ear. Organizations: CNN, University of Iowa, Indiana, WNBA, Chicago, ust, ince, CAA

☆ OpenAI's latest funding round could be a bargain or a bust for investors
▼ + stars: | 2024-10-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The high-profile startup announced the closing of a $6.6 billion funding round that valued it at $157 billion. And more exits could be coming since OpenAI is reportedly working on allowing its employees to sell their shares in the company . Win McNamee and Didem Mente/Anadolu Agency via Getty Images; Jenny Chang-Rodriguez/InsiderIt's important to remember OpenAI's eye-popping valuation is just that … a valuation. Which gets us back to $157 billion OpenAI.

Persons: —, Elon Musk's, Josh Kushner's, Cathy Wood's, Chase, Here's, Mira Murati, Kevin Weil, Rob Price, OpenAI, Sam Altman, Win McNamee, Didem, Jenny Chang, Rodriguez, Brad Gerstner, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Elon, Elon Musk's SpaceX, Venture, Microsoft, Nvidia, Anadolu Agency, Getty, Big Tech Locations: Silicon Valley, New York, London

☆ The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
▼ + stars: | 2024-10-01 | by ( Juliana Kaplan | John L. Dorman | ) www.businessinsider.com time to read: +8 min

But the strike could pose several issues for Vice President Harris in her presidential campaign. AdvertisementThere's a labor storm a-brewing off the East Coast — but don't expect to see President Joe Biden stepping in anytime soon. MATTHEW HATCHER/AFP via Getty ImagesThe strike throws another wrench into the 2024 raceThe strike has the potential to further upend what has already been a dizzying presidential race. Vice President Kamala Harris is now carrying the banner of the Biden administration's pro-union policies as the Democratic presidential nominee. But Harris' union ties are not as deep as those enjoyed by Biden.

Persons: Joe Biden, Harris, —, dockworkers, it's, Biden, Taft, George W, Bush, Hartley, Cathy Creighton, Creighton, Hamilton Nolan, Nolan, USMX, Hurricane Helene, Independent Sen, Bernie Sanders of, Kamala Harris, Donald Trump, MATTHEW HATCHER, Trump, they're Organizations: Service, Gulf Coasts, International Longshoremen's Association, US Maritime Alliance, Workers, Cornell University's Industrial, Labor Relations Buffalo Co, Labor, ILA, —, Independent, Getty, Biden, Democratic, Teamsters, Trump, AFL, United Auto Workers, United Steelworkers, Republicans, Republican Party Locations: East Coast, Gulf of Mexico, East, West Coast, Taft, Hurricane, Bernie Sanders of Vermont, Michigan , Nevada, Pennsylvania

☆ WNBA viewership soars to new record, while attendance hits more than two-decade high
▼ + stars: | 2024-09-27 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

The Women's National Basketball Association's viewership and attendance boomed during the 2024 season, as the league's popularity soared due to young stars like Caitlin Clark and Angel Reese. The league's games drew more than 54 million unique viewers, an all-time record, across various networks including Disney 's ABC and ESPN, Paramount Global' s CBS, E.W. Scripps' Ion and NBA TV, among others, according to data the WNBA released on Friday. In addition, WNBA game attendance hit its highest level in 22 years, and grew almost 50% from the 2023 season, according to the league. Asked about the dynamic on CNBC earlier this month, WNBA Commissioner Cathy Engelbert did not explicitly condemn the vitriol toward players, sparking criticism from around the league.

Persons: Caitlin Clark, Destanni Henderson, Angel Reese, Scripps, Ion, Clark, Reese, Cathy Engelbert Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Disney, ABC, ESPN, Paramount, CBS, E.W, NBA, Indiana Fever, Chicago Sky, Las Vegas Aces, CNBC Locations: Gainbridge, Indianapolis , Indiana, Portland

The number of Republican women in the House has tripled to a record 36, including two nonvoting members. Others involved in the effort to boost GOP women are also hopeful they can reach a new milestone this year. The number of House candidates has dropped overall since 2022, a redistricting year that brought a surge of new candidates. The Center for Women and Politics found the steepest drop was among Republican women. For Stefanik, the effort to recruit more GOP women to run for the House has been a resounding success.

Persons: Elise Stefanik, Stefanik, “, Danielle Barrow, —, — Texas ’ Kay Granger, Washington’s Cathy McMorris Rodgers, Debbie Lesko —, Jenniffer, Julie Fedorchak, Carolina’s Sheri Biggs, Amy Walter, ” Stefanik, Young Kim, Michelle Steel, Lori Chavez, Yvette Herrell, Mayra Flores, York’s Alison Esposito, Alabama’s Caroleen Dobson, Tom Emmer, ”, Donald Trump’s, Barrow, Susan B, Anthony Pro, Nancy Dahlstrom, Republican Nick Begich, “ We’re, Marie Gluesenkamp Perez, Leslie Lewallen, Joe Kent, Kent, Gluesenkamp Perez, “ Joe Kent, Joe Biden, Kamala Harris, Harris Organizations: GOP, Republican, Action, — Texas, Puerto, Republicans, National Republican Congressional, Center for Women, Rutgers Eagleton Institute of Politics, Women, RightNOW, America, Democratic, House, Gov, Trump, Fund, Camas City, Green Beret, Congress, Navy, NBC News, New Locations: Puerto Rico’s, Democratic, “, California, Oregon, New Mexico, Mayra Flores of Texas, Minnesota, Stefanik, Washington’s, Camas, Kent, New York, Syria

The WNBA has enjoyed some of the fastest growth a sports league has ever seen, thanks in large part to superstar rookies Caitlin Clark and Angel Reese. But top WNBA players don't yet have the lofty salaries to match. Once the WNBA season is over, Jones plays a second season in Europe, mainly to complement her salary. The money is allocated from the $75 million the WNBA raised in 2022 from a group of investors. Though the WNBA's success has not yet led to the massive salaries seen in men's pro sports, many in the league believe it's only a matter of time.

Persons: Caitlin Clark, Angel Reese, they've, Sportico's, Cathy Engelbert, Brionna Jones, A'ja Wilson, Breanna Stewart, Jones, I'm, Engelbert, Stephanie White, It's, we've Organizations: WNBA, Las Vegas Aces, Seattle Storm, New York Liberty, Disney, Amazon Prime, NBA, Connecticut Sun, The Washington Post, CBA Locations: Europe, The Washington

☆ WNBA to add expansion team in Portland, bringing league to 15 franchises
▼ + stars: | 2024-09-18 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday. The Portland team will play in the Moda Center, the same arena as the NBA's Portland Trailblazers. Portland has had a WNBA team before, but it shut down after a few years in 2002. The addition of the new Portland team underscores booming growth for both the WNBA and women's sports in general. The 2024 WNBA season has seen record numbers for both in-person attendance and viewership, according to data from the WNBA for the start of the season.

Persons: Lisa Bhathal Merage, Cathy Engelbert, A'ja Wilson, Caitlin Clark, Angel Reese Organizations: Portland, RAJ Sports, WNBA, Moda Center, Women's Soccer League, Thorns, Sacramento Kings, Delta Air Lines Locations: Portland, Toronto

☆ WNBA announces new expansion team based in Portland, Oregon
▼ + stars: | 2024-09-18 | by ( Wayne Sterling | ) edition.cnn.com time to read: +2 min

CNN —The WNBA is returning to Portland, Oregon, starting in 2026. The new expansion franchise will play its home games at the Moda Center in downtown Portland and become the WNBA’s 15th team, the league announced Wednesday. “As the WNBA builds on a season of unprecedented growth, bringing a team back to Portland is another important step forward,” WNBA commissioner Cathy Engelbert said in a statement. The city previously had a WNBA team – the Portland Fire – from 2000-2002 before it folded. “Portland has a passion for women’s sports and the teams who play in the Rose City, making us the ideal home of the next WNBA team,” Oregon governor Tina Kotek said in a statement.

Persons: Cathy Engelbert, Lisa Bhathal Merage, Alex Bhathal, ” Merage, Tina Kotek, Engelbert, “, ” Engelbert, Caitlin Clark, Angel Reese, A’ja Wilson Organizations: CNN, Moda, “, WNBA, RAJ Sports, Portland, Sacramento Kings, Rose City Rollers, Sports, Indiana Fever, Chicago Sky, Las Vegas Aces Locations: Portland , Oregon, Portland, “ Portland, Rose City, Oregon, Rose, Toronto

She, like 2,000 other state residents, is awaiting approval for aid through a community advocacy program. Resumed funding for LIHEAP is dependent on an appropriations bill used to fund the government. “We had calls during our latest heat wave, and our agencies just don’t have the LIHEAP funding,” Sarensen said. Unlike those so-called entitlements, LIHEAP funding can be depleted without helping everyone who qualifies. Neither Vice President Kamala Harris nor former President Donald Trump has mentioned direct utility or weatherization aid in their campaigns for the White House.

Persons: Cathy McCorkle, she’s, ”, “, won’t, Mark Wolfe, “ There’s, Wolfe, LIHEAP, Bridget Bennett, Brian Sarensen, Sarensen, ” Sarensen, That’s, “ It’s, Stephanie Ashley, We’ve, Ashley, “ We’ve, We’re, we’re, ” “, Kamala Harris, Donald Trump, Karen Lusson Organizations: U.S, Low Income, Energy Assistance, National Energy Assistance, Association, Center for Energy, Opera, Washington, Getty Images, Commerce Department, Law, SNAP, Washington , D.C, House Republicans, White, U.S . Treasury Department, National Consumer Law Locations: Mount Holly , North Carolina, San Diego, Death Valley, Calif, Washington, Phoenix, Oregon, North Carolina, Washington ,

WNBA commissioner Cathy Engelbert late Tuesday night clarified that she’s vehemently opposed to “hate or racism” after her response to a question about social media abuse drew criticism from players in her league. Instead of addressing the matter with a simple message against online hate, Engelbert toasted their rivalry and celebrated that there’s “no more apathy” in the WNBA. "During a recent media interview, I was asked about the dark side of social media and online conversation about WNBA rivalries and race," she wrote on the platform formally known as Twitter. "To be clear, there is absolutely no place for hate or racism of any kind in the WNBA or anywhere else." Reese, an LSU alum who recently suffered a season-ending injury, is pulling down a WNBA-high 13.1 rebounds per contest.

Persons: Cathy Engelbert, she’s, Engelbert, ”, Caitlin Clark, Angel Reese, CNBC’s Tyler Mathisen, ” Clark, Reese, Breanna Stewart —, Clark, A'ja Wilson —, Stewart, Cathy, ” Terri Jackson, WNBPA, —, Jackson Organizations: WNBA, CNBC, New York Liberty, Dallas Wings, Iowa, LSU

☆ Nearly 40 Years Later, a California Serial Killer Confesses to Another Murder
▼ + stars: | 2024-08-13 | by ( Orlando Mayorquín | ) www.nytimes.com time to read: +1 min

A convicted serial killer on California death row for murdering a dozen people in the 1980s and ’90s confessed to the 1986 murder of a 19-year-old woman in Los Angeles County, the police announced on Tuesday. William Lester Suff, 70, confessed in May 2022 to stabbing Cathy Small to death and dumping her body on a South Pasadena, Calif., cul-de-sac, where her body was discovered by police on Feb. 22, 1986, the Los Angeles County Sheriff’s Department announced at a news conference on Tuesday. Why the announcement came more than two years after the confession was not clear. Ms. Small’s body was found in the morning wearing a nightgown, and she died from multiple stab wounds and strangulation, Lt. Patricia Thomas said. Ms. Small’s body was identified three days later by a man who had read about the killing in the news and had called detectives to say he was concerned that the victim could be his roommate.

Persons: William Lester Suff, Cathy Small, Patricia Thomas Organizations: Los, Los Angeles County Sheriff’s Department Locations: California, Los Angeles County, South Pasadena, Calif, Los Angeles

☆ These banks are cutting CD and savings rates. Where to park your cash to grab yield
▼ + stars: | 2024-08-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Last week, three online banks cut their 1-year CD rates, according to BTIG. Meanwhile, Synchrony slashed its online savings rate by 10 basis points to 4.65%. "We believe online banks are intentionally trying to shift customers toward savings rates, which are floating, over term rates," he said. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds is 5.11%, as of Monday. With both high-yield savings and money market funds, the rates can fluctuate.

Persons: Marcus, Goldman Sachs, Sallie Mae, Synchrony, Jerome Powell, Vincent Caintic, Christine Benz, Benz, Winnie Sun, Cathy Curtis, Curtis Organizations: Federal, Morningstar, Federal Deposit Insurance Corp, Sun, Wealth Partners, CNBC, Money, Curtis Financial, Treasury Locations: Capital

☆ WNBA Commissioner on 2024 Paris Olympics, new media rights deal and expansion plans
▼ + stars: | 2024-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWNBA Commissioner on 2024 Paris Olympics, new media rights deal and expansion plansCNBC’s Carl Quintanilla and WNBA Commissioner Cathy Engelbert join 'Squawk Box' to discuss the the performance of Team USA women's basketball at the 2024 Paris Olympics, growth of the WNBA, impact of the new media rights deal, expansion plans, and more.

Persons: CNBC’s Carl Quintanilla, Cathy Engelbert Organizations: USA

☆ Apple leads tech rout after Berkshire Hathaway sells more than half of its stake
▼ + stars: | 2024-08-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Apple stock plunged as much as 11% on Monday on news that Berkshire Hathaway sold about 50% of its stake. Warren Buffett's conglomerate sold about 390 million Apple shares in the second quarter. The decline in Apple shares, which was double the Nasdaq 100's decline of about 5%, came after it was revealed over the weekend that Warren Buffett's Berkshire Hathaway sold about 50% of its Apple stake. According to its second-quarter earnings report, Berkshire Hathaway sold about 390 million Apple shares during the quarter, which is on top of the 115 million Apple shares it sold during the first quarter of the year. This is an opportunity, especially going into what I view as a really historic upgrade cycle for Apple," Ives said.

Persons: Berkshire Hathaway, Warren Buffett's, —, Warren, Buffett, Cathy Seifert, Dan Ives, Ives, It's Organizations: Apple, Berkshire, Service, CFRA, CNBC Locations: Berkshire, Cupertino

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