DIRS.INFO The most relevant business & tech news

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Reddit, Tesla, RH, Warby Parker, UPS and more
▼ + stars: | 2024-10-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Tesla as overweight Piper says it's sticking with Tesla heading into earnings later this week. Morgan Stanley initiates BioAge Labs at overweight Morgan Stanley says the biotech company is well positioned. " Goldman Sachs upgrades Warby Parker to buy from neutral Goldman sees customer growth for the eyewear company. Morgan Stanley reiterates Home Depot as overweight Morgan Stanley raised its price target on Home Depot to $450 per share from $380. Morgan Stanley downgrades ServiceNow to equal weight from overweight Morgan Stanley said that expectations are already priced in to the stock.

Persons: John Donovan, Piper Sandler, Tesla, Piper, it's bullish, Morgan Stanley, Goldman Sachs, Warby Parker, Needham, Reddit, Gary Friedman, Jack Preston, Baird, TD Cowen, Cowen, Prologis, Goldman, Craig Felenstein, Jim Bombassei, Morgan Stanley downgrades ServiceNow Organizations: Deutsche Bank, GE Vernova, Deutsche, General Electric, BioAge, Barclays, UPS, FedEx, Dominion, Goldman, Nvidia, AMD, Mohawk Industries, JPMorgan, China EV, Catalyst, Bank of America, Fortune Locations: GitLab, NVDA, Europe, U.S, Las Vegas, China

☆ What the Trump biopic 'The Apprentice' got right, and what's fiction
▼ + stars: | 2024-10-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

Warning: Spoilers ahead for "The Apprentice," the new Donald Trump biopic. The controversial movie opened in US theaters on October 11.Business Insider has broken down how accurate the movie is. Go to newsletter preferences Thanks for signing up! The new Donald Trump biopic sees Marvel star Sebastian Stan portray a young Trump as he makes a name for himself in 1970s New York. The controversial film faced a storied struggle to get into theaters in the US, with Trump attempting to block its release.

Persons: Donald Trump, —, Sebastian Stan, Trump, Roy Cohn, Jeremy Strong, Fred Trump, Martin Donovan, Ivana Trump, Maria Bakalova Organizations: Service, Marvel, Trump, Business Locations: New York

☆ 'Monsters' actor Leslie Grossman says she won't contact the real-life witness she plays, or visit the killers
▼ + stars: | 2024-10-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

"Monsters: The Lyle and Erik Menendez Story" adapts the murder trial of Lyle Menendez and Erik Menendez. AdvertisementLeslie Grossman said she purposely did not contact Judalon Smyth after being cast to play her in Netflix's "Monsters: The Lyle and Erik Menendez Story." "Monsters: The Lyle and Erik Menendez Story," which follows the 1990s trials of Lyle Menendez and Erik Menendez for the murder of their parents, saw early success too, topping Netflix's top 10 charts for two weeks. Judalon Smyth, played above by Leslie Grossman, was a witness in the Menendez brother's first trial. Cooper Koch, who played Erik Menendez in "Monsters," seems to be the only cast member to meet the real-life subjects of the show.

Persons: Lyle, Erik Menendez, Lyle Menendez, Leslie Grossman, Judalon Smyth, Grossman, Smyth, —, Jeffrey Dahmer, Menendez, Menendez brother's, Jerome Oziel, José Menendez, Kitty Menendez, Oziel, Ted Soqui, Cooper Koch, Richard J, Kim Kardashian, Kris Jenner, Khloe Kardashian, Koch, Variety, Ryan Murphy Organizations: Service, Netflix, BI, Getty, Variety, Donovan Correctional Locations: California

☆ 'The Apprentice' director shares the challenges of making a Donald Trump movie despite receiving a cease-and-desist letter from the former president
▼ + stars: | 2024-10-11 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

Ali Abbasi's film 'The Apprentice' faced backlash from Donald Trump after its Cannes debut. Advertisement"The filmmakers now readily admit they fabricated scenes and created fake stories to fit some deranged narrative about President Trump that is completely untrue," Trump communications director Steven Cheung said Friday. Do a Donald Trump movie!" But frankly, my motivation was that it is not a Donald Trump movie. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali Abbasi's, Donald Trump, Abbasi, —, Ali Abbasi, Shelley, Sebastian Stan, Roy Cohn, Jeremy Strong, Stan, Strong, Maria Bakalova, Ivana Trump, Ivana, Trump, Gabriel Sherman, Michael Moore's, Trump's, Steven Cheung, Kamala, Kamala Harris, doesn't, You've, I'm, Roy, Donald, Roy Cohn's playbook, Gabe, Win McNamee, Sebastian, Jeremy, Maria, Martin Donovan, Fred, We're, John Nacion, don't, That's, wouldn't Organizations: Cannes, Trump, Service, York, Briarcliff Entertainment, Business, Zoom, Hollywood, White House, Coastal Carolina University Locations: New York City, Danish, Iran, York City, Hollywood, Cannes, Conway, SC, Scythia, Trump

☆ I work on an oil rig. It has lonely moments, but every rig I've been on is like a family.
▼ + stars: | 2024-10-10 | by ( Claire Turrell | ) www.businessinsider.com time to read: +7 min

Kailem Donovan, 37, from Middlesborough, England, works on oil rigs in the North and Baltic seas. Donovan works 12-hour shifts but gets three weeks of holiday every three weeks working on the rig. Working on an oil rig has always been my dream job. Some of my friends worked on oil rigs and encouraged me to apply. Related storiesRigs have lonely moments, but everyone is familyI worked at different wind farms for the next two years before getting a contract on an oil rig.

Persons: Kailem Donovan, Donovan, —, It's, We're, it's, I've, I'd, we're, I'm Organizations: Service, Industry Locations: Middlesborough, England, North, Baltic, Aberdeen, Norway

☆ Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

US stocks traded mixed as investors looked ahead to the central bank's meeting minutes. Traders are anticipating a quarter-point rate cut in November. Monetary policy is in focus after an unexpectedly hot job report in September, fueling doubt over whether the Fed will issue another jumbo rate cut this year. "The tone of the Fed minutes should not change expectations of further rate cuts—the Fed is still scrambling to catch up with inflation slowing in the US, and started cutting rates late. AdvertisementAccording to Pantheon Macroeconomics, the Fed is more likely to begin cutting rates in 25-basis-point increments rather than issuing another 50-basis-point rate cut.

Persons: —, Paul Donovan Organizations: Service, Reserve, UBS Global Wealth Management, Pantheon, Fed, US Department of Justice

☆ Actor who plays Erik Menendez in 'Monsters' had an 'emotional' meeting with the convicted murderer thanks to a prison visit arranged by Kim Kardashian
▼ + stars: | 2024-09-29 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Erik Menendez told Cooper Koch he "did a great job" playing him in "Monsters: The Lyle and Erik Menendez Story," Koch said. Koch, who portrays Erik, told The Hollywood Reporter that he came face-to-face with both Menendez brothers during a prison visit last week set up by Kim Kardashian. "And it was really, really powerful and emotional. While Erik told Koch that he had yet to watch the series, he praised the actor for his performance. AdvertisementCooper Koch as Erik Menendez and Nicholas Chavez as Lyle Menendez.

Persons: Erik Menendez, Cooper Koch, Lyle, Koch, Kitty Menendez, —, Menendez, Ryan Murphy, Ian Brennan, Erik, Lyle Menendez, Kim Kardashian, Richard J, Nicholas Chavez, Miles Crist, Kardashian, Kardashian FaceTime, Ted Soqui, Tammi Menendez, Erik's, Murphy, he's, Tammi, Ryan Murphy's, Erik Story, mistruths Organizations: Service, Hollywood, Donovan Correctional, Netflix, Entertainment Locations: Los Angeles

☆ Scientists discover hidden ancient forest on treeless island
▼ + stars: | 2024-09-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —No trees have grown on the windswept Falkland Islands in the South Atlantic Ocean for tens of thousands of years — just shrubs and other low-lying vegetation. “It’s very sort of windswept and barren.”The Falkland Islands are a British-ruled overseas territory over which Great Britain and Argentina fought a brief war in 1982. But the story of this hidden forest goes back even further in time than the researchers initially thought. “The Falkland Islands are currently covered by grasslands and lack native trees,” Donovan added. However, the islands are unlikely to see a return to a forest landscape anytime soon, Thomas said.

Persons: Zoë Thomas, “, ”, Thomas, Michael Donovan, wasn’t, ” Donovan, Haidee, Chris Turney, what’s, Donovan Organizations: CNN, UK’s University of Southampton, Britain, Falklands, Antarctic, University of Southampton, Chicago’s, Australia’s University of New, Southern Locations: Falkland Islands, Stanley, Falkland, British, Great Britain, Argentina, Australia’s University of New South Wales, Patagonia, Antarctica, Westerly, Islas, South America

☆ What it would take to remove embattled New York City Mayor Eric Adams from office
▼ + stars: | 2024-09-27 | by ( Alice Tecotzky | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

NYC Mayor Eric Adams insisted that he will remain in office despite his indictment. However, the city's charter outlines two ways Adams could be forcibly removed from his position. AdvertisementAfter news broke that New York City Mayor Eric Adams was indicted on five criminal counts, many other politicians started calling on him to resign his post. The committee includes five members: New York City's top attorney, the comptroller, the City Council speaker, the borough president serving the longest consecutive term, and a deputy mayor that the mayor selects, the city charter states. If Adams is removed from office or resigns, Jumaane Williams, the city's public advocate, would serve as acting mayor.

Persons: Eric Adams, Adams, Kathy Hochul, —, Adrienne Adams, Donovan Richards, Brad Lander, Richards, Lander, Muriel Goode, Trufant, Goode, Randy Mastro, Fabien Levy, Jumaane Williams, Williams, Gracie Organizations: Service, New, New York City, Gov, York, City Council, City, Speaker, The New York Times Locations: New York, Gothamist , New York City, Lander, —

☆ It will take more than just a drop in interest rates to save the housing market
▼ + stars: | 2024-09-23 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

But while lower mortgage rates may translate to more buying power for homebuyers, America’s housing market woes aren’t likely to be solved solely by rate cuts. But Enterprise Community Partners, the nonprofit where Donovan currently serves as CEO, estimates that the US needs 7 million new units in order to stabilize the housing market. “There are a lot of factors that have affected the housing supply and these are complicated issues to solve. “We’re not expecting mortgage rates to fall that much further, and we still think that the mortgage rate ‘lock-in’ effect will still be there,” Dougherty said. “Things will probably pick up as rates come down, but we’re not looking for a high-octane rebound,” Dougherty said of the housing market.

Persons: they’d, aren’t, ’, ”, Shaun Donovan, Kamala Harris, Donald Trump, ” Donovan, Harris, Trump, Donovan, Jerome Powell’s, Freddie Mac, Charles Dougherty, That’s, “ We’re, ” Dougherty, ” Powell, that’s, Dougherty, “ It’s, ” Ryan McLennan Organizations: CNN, Housing, Urban Development, National Association of Realtors, Partners, Federal, Fed, National Association of Home Builders, homebuilders, Consumer Financial Locations: America, Wells Fargo, Houston, homebuying

☆ Michigan knocks off USC in classic Big Ten showdown: What this means for both teams
▼ + stars: | 2024-09-21 | by ( Antonio Morales | Austin Meek | ) www.nytimes.com time to read: +8 min

And the Wolverines did just enough of both to knock off USC 27-24 in the Trojans’ first-ever Big Ten game. “Whatever it takes to win.”Here are some takeaways from Michigan’s win. Michigan should feel goodIt wasn’t pretty, but Michigan did just enough to win a game few people thought it would win. This is the kind of result that can make a big difference in who plays for the Big Ten championship. Somehow, thanks to Mullings, Michigan found a way.

Persons: Antonio Morales, Austin Meek, Chris Vannini, Nick Baumgardner, Alex Orji, Mullings, Miller Moss, I’d, ” Orji, —, Colston Loveland, Orji, — Meek, John Humphrey, Kamari Ramsey, Moss, — Morales, hird, ike S, egan, ike, alf, eason —, eason, ange —, ise Organizations: Wolverines, USC, Trojans, Michigan, Michigan’s, Big, — Meek USC, Mullings Locations: Mich, Michigan, , Michigan, Mullings , Michigan

☆ 'Monsters' season two tells the story of the Menendez brothers, who murdered their parents. Here's where Lyle and Erik are now.
▼ + stars: | 2024-09-19 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewRyan Murphy's Emmy-winning Netflix series "Monster" is back, and this time it's about the case of Lyle and Erik Menendez. Lyle and Erik Menendez are serving life sentences in the same prisonLyle and Erik Menendez during their trial in 1994. Lyle and Erik Menendez are both marriedErik Menendez's wife, Tammi Menendez, in 1999. Related storiesThat included a letter Erik Menendez wrote and addressed to his cousin Andy Cano, who died in 2003. "Monsters: The Lyle and Erik Menendez Story" is available to stream on Netflix.

Persons: —, Ryan, Lyle, Erik Menendez, Jeffrey Dahmer, Murphy, Ian Brennan, Menendez, José Menendez, Kitty Menendez, Ted Soqui, — Lyle Menendez, Erik, Richard J, Lyle Menendez, Erik Menendez's, Tammi Menendez, Chris Morton, Anna Eriksson, Rebecca Sneed, Tammi Ruth Saccoman, Saccoman, Talia, Eric Menendez, Ronald L, Andy Cano, Robert Rand, Rand, Roy Rosselló, Rosselló, Edgardo Díaz Organizations: Service, Netflix, RCA, Business, Prosecutors, Getty, Donovan Correctional, Inc, The New York Times, Los Angeles Times, LA Times, RCA Records Locations: Beverly, Mule Creek, Ione , California, San Diego, New Jersey

Democrats, who represent most of those areas, fiercely objected at the time, accusing the GOP of using tax policy to wage a culture war. Schumer has vowed that if he’s still majority leader next year he will ensure the SALT cap expires at the end of 2025. I am glad to hear that former President Trump now feels the same way,” Lawler wrote on X. “Donald Trump and Mike Lawler, who helped elect him, are the reason we even have a limitation on the SALT deduction. The anti-debt Committee for a Responsible Federal Budget projected that eliminating the SALT cap would raise the cost of extending the 2017 tax law by $1.2 trillion.

Persons: WASHINGTON, Donald Trump, Trump, “ I’ve, Chuck Schumer, Schumer, he’s, Ryan Ellis, ” Ellis, Karoline Leavitt, America’s, Kamala, Harris, Mike Lawler, Trump’s, “, ” Lawler, Mondaire Jones, ” Jones, “ Donald Trump, Lawler hasn’t, Josh Gottheimer, Gottheimer, Liam Donovan, Kamala Harris Organizations: White, Trump, NBC News, Republican, House Republicans, New York GOP, Seniors, ”, Democratic, Federal Budget Locations: New, Long, New York , New Jersey, California, New York, Jersey

☆ Donovan: Political violence generally doesn't influence election outcomes.
▼ + stars: | 2024-09-16 | 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 EmailDonovan: Political violence generally doesn't influence election outcomes. Paul Donovan, Chief Economist at UBS Global Wealth Management and a member of the bank's Election Watch 2024 research team, believes political violence, like assassination attempts, generally doesn't influence election outcomes.

Persons: Donovan, Paul Donovan Organizations: UBS Global Wealth Management

☆ Right-wing influencers say they were dupes in an alleged Russian influence operation. They’re keeping their millions, for now
▼ + stars: | 2024-09-13 | by ( Jon Passantino | Sean Lyngaas | ) edition.cnn.com time to read: +6 min

The right-wing social media stars who were allegedly paid millions of dollars in a nefarious Russian influence operation to shape public opinion around the 2024 US presidential election are remaining mum. Tenet Media boasts a slate of high-profile right-wing, pro-Trump commentators including Tim Pool, Dave Rubin, Benny Johnson and several others. The influencers all say they are “victims,” and that the FBI has contacted them for voluntary interviews. The Tenet co-founder then wrote to the Russian state media staffers, stressing that the personality was “really insisting on seeing some materials (profile, article, whatever) on Eduard before (he) feels comfortable moving forward. Two Russian state media employees, Kostiantyn Kalashnikov and Elena Afanasyeva, were charged by the Justice Department with money laundering and violating the Foreign Agents Registration Act.

Persons: Tim Pool, Dave Rubin, Benny Johnson, Rubin, Johnson, Brandon Van Grack, Robert Mueller’s, Pool, —, “ We’ve, ”, Ben Shapiro, “, Tenet, Eduard Grigoriann, “ Grigoriann, Eduard, ” Rubin, Lauren Chen, Liam Donovan, Grigoriann, Chen, Donovan, Kostiantyn Kalashnikov, Elena Afanasyeva, Van Grack, CNN’s Hadas Gold Organizations: CNN, Justice Department, Tenet Media, Kremlin, Trump, RT, FBI, Pool, Tenet, Justice Locations: Tennessee, Russian, Russia, Brussels

☆ How Lauren Chen went from ‘alt-lite’ YouTuber to alleged Russian asset
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +10 min

The DOJ did not name Tenet Media but NBC News identified the company based on its description in the indictment. Unlike the influencers alleged to have been victims of RT and Tenet Media, who denied knowing they were working for Russia, Chen has said nothing since the indictment made news. “By connecting to and interacting with one another through YouTube videos, influencers with mainstream audiences lend their credibility to openly white nationalist and other extremist content creators,” Lewis wrote. Following the unsealing of the indictment, TheBlaze fired Chen and Turning Point USA removed her author page from its website. YouTube terminated all four of Chen’s pages, erasing thousands of videos and nearly a decade of work, including the channel for Tenet Media.

Persons: Lauren Chen, Chen, Liam Donovan, Candace, Jason Davis, Dave Rubin, Tim Pool, Benny Johnson, Lauren Southern, — Chen, “, Michael Knowles gushed, Richard Spencer, ” Knowles, Tenet, Milo Yiannopoulos, ” Yiannopoulos, she’s, Yiannopoulos, Spencer, Rebecca Lewis, Ben Shapiro, Lewis ’, ” Lewis, Evie, Mark Levin, Michelle Malkin, Glenn Beck’s TheBlaze, TheBlaze, ”, Fuentes’s, Nikki Haley “, Matt Christiansen, Donovan “ Organizations: Department of Justice, DOJ, NBC News, Tenet Media, Trump, RT, Getty, YouTube, Tenet, University of Southern, College Republicans, Brigham Young University, Facebook, Southern Poverty Law Center, Data & Society, ”, “, Scouting, United Nations Locations: Russian, Russia, Nashville, Tenn, Southern, Canadian, Shanghai, Singapore, London, “, University of Southern California, Charlottesville , Virginia, Stanford, Israel, Gaza, Ukraine

☆ Neither Trump nor Harris really gave us much detail about how they will fix the economy in the debate
▼ + stars: | 2024-09-11 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

Though the debate opened with a discussion about the economy, the conversation quickly devolved into platitudes, boasts, and personal jabs. Industry leaders told Business Insider that they hoped to hear the candidates discuss crypto guidelines, regulation, and key appointments on Tuesday night, but little was said about any of those topics. "What we really need is either a debate or a whole section of a debate devoted to economic issues," Tedeschi said. Tedeschi told Business Insider that we need clarity about Trump's proposed tariffs, which are the "most consequential and radical thing that he's proposed." Chris Larsen, the billionaire co-founder of blockchain payments company Ripple, told Business Insider that Harris was "spectacular."

Persons: —, Kamala Harris, Donald Trump sparred, Ernie Tedeschi, Tedeschi, Harris, Trump, Paul Donovan, Mark Penn, Clinton, Aaron Levie, Chris Larsen, Crypto, there's, Larsen, Bradley Tusk Organizations: Service, Industry, Business, Yale Budget Lab, UBS Global Wealth Management, New York Times, Federal, Federal Trade Commission, Others, Trump, Democratic, Tusk Venture Partners Locations: platitudes

☆ Pharrell’s Joopiter puts on sale of G-Dragon’s prized possessions
▼ + stars: | 2024-09-08 | by ( Mike Valerio | Stephy Chung | ) edition.cnn.com time to read: +3 min

The sale features dozens of items owned by G-Dragon – an avid collector of art, design and fashion – including works he created and customized himself. Williams’ auction house, Joopiter, is hosting the online sale and an accompanying exhibition, at the Daelim Museum. JoopiterJoopiter has collaborated with a slew of celebrities since Williams founded his “digital-first” auction house in 2022. “The wrong attitude is going in and trying to become a collector.”Nike x Peaceminusone Para-noise Air Force 1 sneakers encrusted with crystals featured in the G-Dragon auction. That is how you build a really beautiful, special collection.”She pointed to Joopiter’s inaugural auction — a sale of almost 50 items from Williams’ personal stash, that raked in over $5 million.

Persons: Louis Vuitton, Pharrell Williams, Williams, Frida Kahlo, Salvador Dalí, Pharrell, —, ” Williams, ”, Kwon Ji, Chanel’s, Joopiter Joopiter, it’s, “, Jackson, Caitlin Donovan, Joopiter, Donovan Organizations: South Korea CNN, Daelim, CNN, Nike, Force Locations: Seoul, South Korea, Yeezys, “

☆ How some of the biggest right-wing media stars ended up as unwitting puppets of Russian propaganda
▼ + stars: | 2024-09-07 | by ( Hadas Gold | ) edition.cnn.com time to read: +13 min

Now, the Justice Department is alleging that some of the biggest stars in right-wing social media were, unwittingly, part of a sinister Russian operation to influence the 2024 US election. What is Tenet Media? “Overt shilling”The Russians also pushed Tenet to promote videos that were going viral on social media, according to the indictment. Tenet Media has not responded to requests for comment and stopped posting content on Wednesday. After the 2016 US presidential election, congressional and federal investigations showed Moscow had successfully co-opted unwitting Americans to stage protests, run social media accounts and host events at its behest.

Persons: CNN — They’re, weren’t, Tim Pool, Benny Johnson, Lauren Southern, Tayler Hansen, Matt Christiansen, Dave Rubin, Johnson, MAGA influencers, Rubin, Glenn Beck’s, Enrique Tarrio, Jack Posobiec, Pool, Donald Trump, Donald Trump Jr, Christiansen, Lauren Chen, Liam Donovan, Chen, Donovan, ”, Donald Trump’s, Vladimir Putin, Viktor Orban, Evgenia Novozhenina, “, Trump, Q, Justin Trudeau, Putin, Trudeau, Israel, ” Rubin, Eduard Grigoriann, “ Grigoriann, Tenet, Tucker Carlson, Carlson fawned, I’ll, Nina Jankowicz, ’, unvarnished ’, Renee DiResta, Donie O’Sullivan Organizations: CNN, Justice, Justice Department, Tenet Media, Kremlin, Vice Media, Independent, Young Turks, YouTube, Tenet, Google, Proud Boys, Blaze Media, Ukraine, The Justice Department, Republican Party, Trump, Democrats, ”, United, ISIS, Hungary's, Reuters “, Canadian, Hamas, FBI, Fox News, American Sunlight, Media, DOJ, Soviet, Stanford Internet Observatory Locations: Tennessee, Russia, Ukraine, ”, “ Ukraine, United States, Moscow, Russian, Colorado, American

☆ Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won't hit locals' wallets
▼ + stars: | 2024-08-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +7 min

Kevin Voigt | Getty Images Sport | Getty ImagesThe Olympic Games are causing a surge in prices, but French consumers aren't likely to feel its pinch. "The Olympic Games or a Taylor Swift concert create a sudden demand shock," wrote Paul Donovan, chief economist at UBS Global Wealth Management, in a recent analyst note. But in the days after the closing ceremony, Paris hotel bookings are projected to drop from a year ago. Tourists pass near a banner with the Paris 2024 logo before the start of the Paris 2024 Olympic and Paralympic Games on June 17, 2024 in Paris, France. Paris 2024 may generate as much as $12 billion, or 11.1 billion euros, in long-term economic impact, a recent study from the Centre for Law and Economics of Sport estimated.

Persons: Kevin Voigt, Taylor, Paul Donovan, Taylor Swift, Kevin Mazur, Swift, Donovan, Matthias Hangst, it's, ove Organizations: Eiffel, Getty, UBS, UBS Global Wealth Management, Wembley, Olympics, City of Light, Games, CNBC, —, Olympic, Paralympic Games, Paralympics, Paris, Chesnot, Visa, Paris Olympics, Centre for Law, Sport, Olympic Committee Locations: Paris, France, London, City, Greater Paris, U.S, Triomphe, cardholders, Barcelona

The trip highlights the generational gap between Harris and President Joe Biden and former President Donald Trump, Democratic allies said. Noah Lyles wins gold in epic photo finishDimitar Dilkoff / AFP - Getty ImagesLyles earned his first gold medal in 9.79 seconds, which was a personal best. Lyles was still unconvinced he had won the gold medal after finishing and the scoreboard offered no indication of who had won gold, silver or bronze as officials processed a photo finish. Track and field holds four medal events and surfing will finally have its medal day. ▶️ Watch top highlightsDebby makes landfall in Florida as a Category 1 hurricaneHurricane Debby has made landfall in Florida’s Big Bend as a Category 1 hurricane.

Persons: Kamala Harris, Hurricane, Noah Lyles, Harris, John Bazemore, Harris ’, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Joe Biden, Donald Trump, Biden, Trump, “, Nikki Haley, Dimitar Dilkoff, Lyles, Jamaica’s Kishane Thompson, Fred Kerley, Thompson, ” Lyles, Kerley, Peacock, Read, ste, Caro, Ron, Flor, rais e d fear, ron e, Rob e, Ari z, ena, go to a, ake is b, ✦, lea, ree Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Trump, Republicans, Getty, Olympic, ust, NBC, POLI Locations: Florida, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, AFP, bou, spee, sto

Some of that is changing. “It’s a really big worry,” Hobbs said. “You cannot have a strong and prosperous economy without affordable housing.”You cannot have a strong and prosperous economy without affordable housing. “There are people who want to work, who want to be here — want to live here, want to be part of the businesses that are here — who are struggling to find the housing,” she said. Landwehr worries about sustaining the “diversity of the population” needed to power the economy and keep the area desirable for both residents and visitors if the problem deepens: “We’ll start to see kind of a division, if you will, of who’s here.”

Persons: “, ” Hobbs, Kelsi Hobbs, Shannon Landwehr, ”, Landwehr Organizations: TD Bank, University of Maine, Regional Chamber of Commerce Locations: Maine, Rockland, Penobscot, who’s

The same Chinese brokers who were laundering fentanyl proceeds were now heavily involved in marijuana trafficking across the U.S. as well. Over the past decade, Chinese organized crime groups in the U.S. quietly became the dominant money launderers for Mexican cartels. Since 2023, federal prosecutors have charged at least 31 people linked to Chinese groups accused of laundering cartel drug money. In the ensuing months, the team began to understand for the first time how the Chinese became the Mexican cartels’ go-to money launderers. The Chinese money brokers then arrange for the cartels to receive the equivalent amount in pesos or cryptocurrency in Mexico.

Persons: Ray Donovan, Joaquin “ El Chapo ” Guzman, Guzman, Donovan, ”, Michael Mezner, ‘, I’ve, El Chapo, ” Donovan, “, Christopher Urben, “ They’ve, Dennis Wilder, ” Wilder, Urben, ” Urben, Bill Bodner, Vanda Felbab, Brown, ’, They’re, Xi Jinping Organizations: Attorney’s, Central, Central District of, U.S, Division, CIA, Ministry of State Security, U.S ., National Intelligence, National Security Council, Los, Singapore —, Brookings Institution, Operations Division, DEA, Citibank Locations: U.S, East, China, El, Sinaloa, Pasadena, Calif, Central District, Central District of California, Virginia, United States, CJNG, propping, Los Angeles, San Francisco and New York, Asia, Australia, Singapore, New York, Chicago, Miami, Mexico, Los Angeles County . U.S, Guangzhou, America

☆ Olympics 100-meter final: Welcome to the the most intimidating start line in sports
▼ + stars: | 2024-08-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

“I think it was the worst pressure you could ever be put under,” British former sprinter Allan Wells, who won 100m gold at the 1980 Moscow Olympics, told CNN Sport. “You run through it in your head thousands of times – the start, the gun going off,” Wells added. “It was the worst feeling you could ever have but still be in control of what you were hoping to achieve,” said Wells, one of only three British sprinters to win 100m gold at the Olympics. The legendary Bolt, winner of three consecutive 100m gold medal between 2008 and 2016, said that he would try not to overthink things. Bolt was famously relaxed on the start line, fist-bumping race officials and playing up to the crowd with gestures and poses.

Persons: crouch, Allan Wells, ” Wells, – you’ve, you’ve, Zharnel Hughes, cramping, Hughes, ”, Wells, Bolt, ” Donovan Bailey, Canada’s, ’ That’s, ” Bailey, Bailey, Michael Johnson, ’ ” Donovan Bailey, John Giles, Noah Lyles, “ Noah, ” Jo Brown, Lyles, “, Brown, she’s, “ They’ll, ‘, ” Noah Lyles, Yu, Christian Petersen, Kishane Thompson, Ferdinand Omanyala –, Sha’Carri Richardson, Shelly, Ann Fraser, Pryce, “ It’s Organizations: CNN, Paris ’ Stade de France, CNN Sport, Olympics, NBC, Olympic, Olympic Games Locations: British, Tokyo, Atlanta, Seville

☆ JD Vance: Get ready for even more of Trump’s running mate after shaky rollout
▼ + stars: | 2024-08-01 | by ( Steve Contorno | Alayna Treene | ) edition.cnn.com time to read: +10 min

CNN —JD Vance is making a second pass at introducing himself to America as the Ohio senator attempts to put his uneven rollout as Donald Trump’s running mate in the rearview mirror. Vance is also expected to begin holding news conferences with reporters as early as this week, the source said. At a closed-door fundraiser in Oklahoma City last week, Trump’s finance team was hoping the former president’s new running mate would raise $1 million. The campaign was well aware of Vance’s past criticisms of Trump and the deeply anti-abortion views he vocally defended. Still, people close to both Trump and Vance argue that America has yet to learn how effective the Ohio senator can be when in the spotlight.

Persons: CNN — JD Vance, Donald Trump’s, Vance, he’s, Trump, Kamala Harris ’, “ Kamala Harris, ” Vance, we’re, Vance hasn’t, deriding, Taylor Swift, Ben Shapiro, Dave Portnoy, ”, fides, ” Portnoy, Trey Gowdy, Liam Donovan, Yale Law School –, “ They’re, ” Donovan, “, ” Trump, Kamala Harris, tickled Trump, Florida Sen, Marco Rubio, ” Rubio, Doug Burgum, Rupert Murdoch, Gowdy, Sen, Tim Scott, Shapiro, Ron DeSantis, Kevin Roberts, Roberts, William Martin, Vance “, San Francisco Pride, Antonin Scalia, MAGA Organizations: CNN, Trump, trashing, America, Republican, Barstool Sports, Fox News, South, Marines, Yale Law School, “ CNN, JD, United States Marine Corps, Privately, GOP, North Dakota Gov, Florida Gov, The New York Times, Heritage Foundation, New York Times, San Francisco, Supreme Locations: America, Ohio, – Nevada, , Arizona, Georgia, Mexico, Henderson , Nevada, South Carolina, Minnesota, Iraq, United States, Florida, Oklahoma City, Fort Wayne , Indiana

Search resuls for: "Donovan"

25 mentions found