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Nike's popular sneakers and iconic Swoosh logo have left a huge mark on the world of sports and fashion, and the company remains as popular as ever 60 years after its founding. If you're looking for more savings on other products, check out our full guide to the best Cyber Monday deals across all categories. The best Cyber Monday Nike sneakers dealsSneakers are the primary category on sale during Nike's Cyber Monday sale. You'll find popular models like the Nike Air Max 90, Nike Dunk, and Air Jordan 1 marked down with deep discounts. Nike Air Jordan 1 Mid $65.78 $125.00 Save 47% It’s hard to think of a more legendary sneaker than Air Jordans.

Persons: You'll Organizations: Business, company's Air Force, Nike, Nike Air Max, Air, Nike Air Jordan, Jordans, Nike Nike Killshot, Nike Nike, Nike Club Fleece, Nike Cyber Locations: Olive, hoodies

Some of the very best menswear deals include sitewide sales at Bonobos, Todd Snyder, and Everlane. The best Cyber Monday deals on shirts, sweaters, hoodies, pajamas, and blazersThis Black Friday, we're seeing amazing deals on all sorts of tops. View at BonobosCyber Monday sales on jeans, dress pants, and comfortable bottomsBonobos is one of our favorite places to shop for the best men's dress pants, and they're on sale for Cyber Monday. Additionally, you'll find many deals on the best men's jeans from brands like Todd Snyder, Abercrombie, and Levi's. View at BonobosBonobos Gramercy Premium Jeans $104.30 $149.00 Save 30% Yes, Bonobos does jeans as well as they do chinos.

Persons: There's, Todd Snyder, You'll, Ralph Lauren, Timberland, Tommy John's, Bonobos, Ralph Lauren Polo, Ralph Lauren Polo Bear, Ralph Lauren Ralph Lauren, Ralph Lauren Adidas, Adidas Ralph Lauren Loopback, Ralph Lauren Bonobos, you'll, Abercrombie, Fitch, Jean, Amir Ismael, We've, L.L.Bean Baxter, Bean, Barbour, Todd Snyder Todd Snyder, Allbirds, it's Organizations: Business, Black, Todd Snyder Luxe, Montauk Polo, Oxford, Adidas, Abercrombie, Abercrombie & Fitch, Chino, Parka, luxe, Nike, Tree, Nike Adidas, Adidas Adidas Locations: Cardigan, chino, Columbia, Baxter, L.L, Bean Fjallraven, Beaufort, Todd, Patagonia, Black, Olive

And, thankfully, you can get steep discounts on a ton of the brand's gear with the Black Friday deals Nike is offering. The best Black Friday Nike sneakers dealsSneakers are the primary category on sale during Nike's Black Friday sale. You'll find popular models like the Nike Air Max 90, Nike Dunk, and Air Jordan 1 marked down with deep discounts. Nike Air Jordan 1 Mid $81.97 $125.00 Save 34% It’s hard to think of a more legendary sneaker than Air Jordans. View at NikeThe best Black Friday Nike clothing dealsNike Sportswear is arguably just as popular as its sneakers.

Persons: You'll Organizations: Business, Air Force, Nike, Friday, Nike's, Nike Air Max, Air, Nike Air Jordan, Jordans, Nike Nike, Nike Club Fleece, Nike Black Locations: hoodies, Olive

☆ Max Verstappen clinches fourth F1 championship as George Russell wins Las Vegas GP
▼ + stars: | 2024-11-24 | by ( Madeline Coleman | ) www.nytimes.com time to read: +6 min

LAS VEGAS — George Russell may have won the Las Vegas Grand Prix, with Lewis Hamilton beside him on the podium for a Mercedes 1-2 finish. In previous years, he won races by a significant margin, like a 33-second gap when he won the 2023 Hungarian Grand Prix. Verstappen’s resilience pays offVerstappen had to battle more later in the year, failing to win a grand prix in 10-race weekends. The U.S. Grand Prix saw Verstappen and Norris battle once again, going wheel-to-wheel and avoiding contact but not a penalty. Max Verstappen during the F1 Grand Prix of Las Vegas in Las Vegas, Nevada (Clive Mason/Getty Images)A championship decider under the lightsComing into the Las Vegas Grand Prix weekend, Norris seemed to accept his first F1 title fight may end in defeat would happen Saturday evening.

Persons: George Russell, Lewis Hamilton, Max Verstappen, Verstappen, Mercedes ’ Toto Wolff, Max, ”, Wolff, that’s, Mercedes, McLaren’s Lando Norris, Norris, McLaren, “, ” McLaren, São Paulo, Bull, Clive Mason, Oscar Piastri, Charles Leclerc, Pierre Gasly, Carlos Sainz, Leclerc, Sainz, Ferrari wasn’t, Gianpiero, Ferrari, Lando Norris, Nico Hulkenberg, Haas, Yuki Tsunoda, Sergio Perez, Red, Mark Thompson Organizations: Tire, LAS VEGAS, Las Vegas, Ferrari, Briton, Miami, McLaren, U.S, Verstappen, Las, Getty, “ Locations: Brazil, Austria, Singapore, Mexico, Las Vegas, Las Vegas , Nevada, Piastri

☆ Should you worry about your child’s anger? Here’s what experts say
▼ + stars: | 2024-11-20 | by ( Julianna Bragg | ) edition.cnn.com time to read: +6 min

Twelve percent of parents worry that their child’s anger could lead to problems, according to a new C.S. Many parents also expressed concern about the example they set for their children, with 70% saying they sometimes model poor anger management themselves. These parents are also more likely to feel they might be demonstrating poor anger management techniques, worry about the potential problems caused by their child’s anger and note that their child has encountered negative repercussions when angry. In fact, 30% of parents report they have not received advice on how to help their child manage their anger. Although more than 60% of parents say their child has learned anger management techniques at school, less than half say the school provides resources to help parents address the issue at home.

Persons: CNN —, Mott, ”, Sarah Clark, …, ” Clark, Neha Chaudhary, Katie Hurley, ” Hurley, you’ve, ” Chaudhary, Hurley, Clark, Chaudhary Organizations: CNN, Mott Children’s, Children’s, Mott Poll, University of Michigan, Massachusetts General Hospital, Harvard Medical School, “ Locations: Ann Arbor, Massachusetts

☆ Paul Reiser on His Movie & TV Roles: 'Mad About You,' 'Stranger Things,' 'the Boys'
▼ + stars: | 2024-11-17 | by ( Olivia Singh | ) www.businessinsider.com time to read: +12 min

AdvertisementStill, not every project Reiser has ever done has been a slam dunk like "Aliens," "Mad About You," or "Stranger Things." On why playing Dr. Owens in 'Stranger Things' was an 'acting challenge'Millie Bobby Brown as Eleven and Paul Reiser as Dr. Owens on "Stranger Things." I don't know. No, but they've indicated that I will be part of it somehow, so you'll know as soon as I know. I have this really nice trip planned and I'm really looking forward to it.

Persons: Paul Reiser, Reiser, Angelo Powers, Yassir, Isaiah Lester, Shameik Moore, Angelo, It's, Owens, Millie Bobby Brown, Netflix Burke, I'm, David, Ryder, it'd, you'll, What's, You've, Helen Hunt, Jamie, Paul Buchman, Gary Null, Helen, you've, I've, Burke, Sigourney Weaver, Ripley, Colm Meaney, nobody's Organizations: New, Hills, Netflix, Getty, USC Locations: New York, David Harbour, Winona, Italy

☆ CNBC Sport: NBC still doesn't have a deal for John Tesh's 'Roundball Rock' theme
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +15 min

NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best. Any sports fan of the 1990s can tell you that John Tesh's "Roundball Rock" is synonymous with "The NBA on NBC." NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best.

Persons: Alex Sherman, John Tesh, I'm, Tesh, NBC Sports isn't, hasn't, Marv Albert, Bob Costas, NBA hasn't, there's, he's, Mark Wilf, Donald Trump, Wilf, Adam Silver, Silver, NBCU's Peacock, David Zaslav, John Malone, Greg Maffei, Malone, Diamond, That's, Mike Tyson, Jake Paul, it's, CNBC's Lillian Rizzo, Mike Ozanian, –, Juan Soto, Ohtani, Paul Archuleta, John Tesh's Organizations: CNBC, NBA, NBC, NBC Sports, Disney, Amazon, Warner Bros, Fox Sports, Big East, Chicago Bulls, Tesh, Minnesota Vikings, Major League Soccer's Orlando City, Orlando Pride, Vikings, Orlando, Paley Center for Media, Summit, ESPN, TNT, CNBC Sport, Liberty Media, Liberty, Atlanta Braves, Diamond Sports, Major League Baseball, NHL, Fitness, Holdings, Netflix, NFL, Philadelphia Phillies, NBC Sports Philadelphia, Industry, Hallmark, Universal Studios Hollywood, Getty Locations: Nashville, Orlando City, Trump, Texas, London, Universal City , California

☆ LeBron gets 2nd straight triple-double, Anthony Davis injured in Lakers’ 123-103 win over Raptors
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

LOS ANGELES — LeBron James recorded his second straight triple-double, and Anthony Davis scored 22 points before leaving with an eye injury in the third quarter of the Los Angeles Lakers ‘ 123-103 victory over the Toronto Raptors on Sunday night. Austin Reaves scored 27 points for the Lakers, who improved to 5-0 at home. Chris Boucher and RJ Barrett scored 18 points apiece for the Raptors, who have lost four straight and eight of nine. TakeawaysRaptors: Immanuel Quickley scored 12 points and played back-to-back games in LA after missing eight straight with a pelvic bruise. Key momentAfter trailing by double digits early, the Lakers finished the third quarter on a 16-5 run right after Davis’ injury before roaring away.

Persons: LeBron James, Anthony Davis, Davis, Jakob Poeltl’s, James, Austin Reaves, Chris Boucher, RJ Barrett, Bronny James, Immanuel Quickley, Poeltl, Dalton Knecht’s Organizations: ANGELES, Los Angeles Lakers, Toronto Raptors, Toronto, NBA, Lakers, Raptors, Takeaways Raptors, LA, Memphis Locations: Los Angeles, LA, Milwaukee

☆ A daughter is plagued by her mother’s unsolved death while her father maintains his innocence from jail
▼ + stars: | 2024-11-01 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +11 min

David, who has maintained his innocence, was acquitted at trial earlier this year of the most serious charges — first- and second-degree murder. David told investigators he didn’t know about Karen’s second phone, but authorities found the device’s number programmed into David’s work phone, the prosecutor said. At the time of Karen’s death, David had reinjured his knee and was on crutches, Taylor said. (Goodman accused David of faking the reinjury and said he was seen moving hay bales the day before the killing.) David is innocent, Ashley said, and she believes her father is being falsely imprisoned while awaiting a new trial.

Persons: Ashley Swift, David Swift, —, Karen Swift’s, Ashley, David Swift's, Dyer, David, Weeks, “, ”, I’ve, Karen, Danny Goodman, Terry McCreight, They’d, Ashley —, She’d, she’d, Karen Swift, ” Ashley, Jeff Box, Karen Swift's, Goodman, McCreight, ” McCreight, David a, ” Goodman, Prosecutors, Tim Boxx, ” Boxx, Daniel Taylor, Taylor, who’d, acquitting David Organizations: “ Dateline, ”, “ Dateline ”, Dateline Authorities, Swifts Locations: Dyersburg, Memphis, Dyer County, Dyer, Alabama, ”

☆ A "Game of Thrones" movie is reportedly in the works. It comes after a year of box office hits and misses for Warner Bros. Discovery.
▼ + stars: | 2024-11-01 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Multiple outlets reported, citing unnamed sources, that a "Game of Thrones" movie is in the works. Warner Bros. Martin first suggested a "Game of Thrones" movie to tie up the franchise in a 2014 interview with The Hollywood Reporter. They grossed $1.8 million at the box office, according to Box Office Mojo. Warner Bros. PicturesA "Harry Potter" TV series reboot was announced last year after the box office failure of the "Fantastic Beasts" spin-off series.

Persons: —, aren't, George R.R, Martin, David Benioff, Weiss, Arya Stark, Maisie Williams, Bran Stark, Isaac Hempstead Wright, Sansa Stark, Sophie Turner, HBO Matthias Frey, Shawn Robbins, Robbins, Max, Frey, David Zaslav, Harry Potter, Denis Villeneuve's, Matt Reeves, " Frey Organizations: HBO, Warner Bros, Service, Hollywood, Discovery, Business, Wall Street, Department of Media, Creative Industries, City , University of London, Thrones, Office, Warner Bros ., HBO Warner Bros, Variety

☆ Victor Wembanyama achieves rare ‘5x5’ line for the second time in his career and more from around the NBA
▼ + stars: | 2024-11-01 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

CNN —Victor Wembanyama recorded the second 5x5 game of his career on Thursday to power the San Antonio Spurs to a 106-88 victory over the Utah Jazz. Wembanyama finished with 25 points, nine rebounds, seven assists, five steals and five blocks, becoming just the third player in NBA history with multiple 5x5 games after Hakeem Olajuwon and Andrei Kirilenko. A 5x5 line, a very rare occurrence in the NBA, requires a player to record at least five of a stat in five separate categories, such as points, rebounds, assists, etc. Ja Morant records triple-double in Grizzlies winMorant led the Grizzlies past a struggling Bucks team. Morant recorded 26 points, 10 rebounds and 14 assists, including an incredible seated alley-oop pass for a Santi Aldama dunk in the second quarter.

Persons: CNN — Victor Wembanyama, Wembanyama, Hakeem Olajuwon, Andrei Kirilenko, Olajuwon, ” Wembanyama, Tom Osborn, ”, Chris Paul, Collin Sexton, Ja Morant, Morant, Wes Hale, Santi, ” Morant, he’d, ” Aldama, Giannis Antetokounmpo, Damian Lillard’s, Lillard, Doc Rivers, Adrian Griffin, ” Rivers, Clippers Booker, Mark J, Terrill, Devin Booker, Royce O’Neale, Kevin Durant, It’s, James Harden, Norman Powell, Ivica Zubac, Paolo Banchero, Banchero, LeBron James Organizations: CNN, San Antonio Spurs, Utah Jazz, NBA, Los Angeles Lakers, San Antonio Express, Spurs, Jazz, Grizzlies, Bucks, Memphis Grizzlies, Milwaukee Bucks, Philadelphia 76ers, Suns, Clippers, Phoenix Suns, Los Angeles Clippers, LA, Orlando Magic, Chicago Bulls, Indiana Pacers, Utah Jazz Milwaukee Bucks, Memphis Grizzlies Phoenix Suns, Los Angeles Clippers Houston Rockets, Dallas Mavericks Locations: Memphis

“It’s incredible,” Payton II told NBC News. One might be Payton II, the son of longtime Seattle SuperSonics star Gary Payton, a member of the NBA’s 75th Anniversary Team. Golden State faced Los Angeles twice in the preseason, and Payton II made sure to go over to the younger James pregame to offer a few words of advice. Rarely do players with those statistics get drafted by an NBA team, but the Lakers took Bronny in the second round with the 55th overall pick. That idea of feeling undeserving is something Payton II experienced growing up.

Persons: Gary Payton II, Bronny James, —, — LeBron James, ” Payton, “, Payton II, Gary Payton, James, LeBron James wasn’t, Payton, Larry Nance Jr, Nance Jr, ”, don’t, Jett Howard, Juwan Howard, ” Howard, It’s, Martin, Star Kenyon Martin, Bronny, ” Martin, I’m, LeBron, Hey, ’ ” Nance Jr, Anthony Davis, JJ Redick, won’t Organizations: ANGELES, Golden State Warriors, Los Angeles Lakers, NBC News, Seattle SuperSonics, Golden State, Los Angeles, Sierra Canyon High School, USC, Trojans, NBA, Lakers, Atlanta Hawks, ” Orlando Magic, ” 76ers, K.J, G League, Warriors Locations: Las Vegas, Sierra, Southern California, Los Angeles

☆ Bronny James scores 17 points in best NBA performance so far as Lakers fall to Warriors to close out preseason
▼ + stars: | 2024-10-19 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —Bronny James, son of all-time NBA leading scorer LeBron James, had the best showing of his young professional career on Friday, posting 17 points in the Los Angeles Lakers’ final preseason game. However, the shorthanded Lakers – who opted to rest several key players including James Sr. – suffered a heavy 132-74 road defeat to the Golden State Warriors. “For him, I’m sure it felt good to have 17 points – I’m not even remotely concerned about that. We’re trying to help him grow into a great basketball player.”Olivari scored a game-high 22 points for LA, while Jonathan Kuminga led Golden State with 17 points. Golden State gets its season underway on Thursday against the Portland Trail Blazers.

Persons: CNN — Bronny James, LeBron James, James, James Sr, –, Anthony Davis, D’Angelo Russell, Austin Reaves, Rui Hachimura, JJ Redick, Steph Curry, Steve Kerr, Per, Quincy Olivari, Noah Graham, NBAE, James –, University of Southern California –, I’m, ”, ” Redick, “, – I’m, It’s, ” Olivari, Jonathan Kuminga, Brandin Podziemski, Kyle Anderson, Cary Edmondson Organizations: CNN, NBA, Los Angeles Lakers, Lakers –, Golden State Warriors, The Warriors, State, Western Conference, University of Southern, LA, Golden State, Warriors, USA, Sports, Boston Celtics, New York Knicks, Lakers, Minnesota Timberwolves, Portland Trail Blazers Locations: University of Southern California, Golden

☆ Most adults agree: Ban phones in schools. But that's the easy part — social media is the harder question.
▼ + stars: | 2024-10-15 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

A new Pew study says nearly 70% of adults agree that schools should ban phones during class. But the broader topic of social media and its effects on teen mental health is still being debated. The US Surgeon General recently suggested social media should come with a warning label for teens. AdvertisementResearch on social media and teen mental health isn't always clearOn the other hand, the argument that social media and phone use are causing a mental health crisis for teens is not as clearly a slam-dunk case. Consider a very recent kerfuffle: A researcher published a meta-analysis of studies on what happens when teens quit social media and suggested that Haidt's research was flawed.

Persons: —, shouldn't, they've, there's, Jonathan Haidt's, Banning, Haidt, Mark Zuckerberg, they're Organizations: Service, Pew Research Center, National Education Association, Meta, US, Big Tech Locations: Oxford

☆ It's the first day for Nike's new CEO. He has a long road ahead.
▼ + stars: | 2024-10-14 | by ( Alex Bitter | Jordan Hart | ) www.businessinsider.com time to read: +4 min

Nike veteran Elliott Hill started as the new CEO on Monday. Hill, a Nike veteran who retired in 2020, is tasked with getting the sneaker and apparel giant back on track. Related storiesThree decades with Nike — and now, a new chapterHill joined Nike in 1988 as an apparel sales representative intern, according to his LinkedIn profile. AdvertisementIndeed, Hill's long history at Nike is a contrast with his predecessor, John Donahoe, who joined the company as CEO in 2020. He will serve as president and CEO and hold a director position on Nike's board.

Persons: Elliott Hill, Hill, Nike, —, He'll, Louise Deglise, he's, Thomas Roulet, John Donahoe, Donahoe, Matthew Friend Organizations: Nike, Service, Air Force, Air, Favre, GlobalData, Bloomberg, Nike —, University of Cambridge's Judge Business School, eBay

☆ Xiaohongshu: How ‘China’s Instagram’ is transforming the travel industry
▼ + stars: | 2024-10-10 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Tucked away in a residential neighborhood in the west of Hong Kong, the Kennedy Town Playground’s basketball courts aren’t particularly noteworthy. It’s because the courts, perched on the side of a hilly slope, offer great views of the Hong Kong skyline. Many of them are followers of Xiaohongshu (Little Red Book), China’s answer to Instagram, which has also become their travel bible. The 26-year-old relied solely on Xiaohongshu to navigate Hong Kong with his wife during their recent trip to the city. A woman takes pictures at an iconic Xiaohongshu spot in Hong Kong.

Persons: Hong Kong CNN —, sipping lattes, Xiaohongshu, Hong Kong's, Noemi Cassanelli, CNN Kennedy, Jiao Le, Cassanelli, ” Jiao Le, Jay Chou, ”, Tokyo's, Zhizhao Wu, Giovanni Mereghetti, Mao Zedong, Charlwin Mao, Miranda Qu, it’s, Qian Gua, “, Xia Jiale, Joel Placeres, “ Will, Placeres, Jiao, Hung Organizations: Hong Kong CNN, Kennedy Town, Hong Kong's Kennedy, CNN, CNN Reading, Getty, Kennedy, CNN Travel, Lobos, “ Lobos, Hong Locations: Hong Kong, China, Seoul, Beijing, Asia, Copenhagen, Tivoli, Norrebro, Central, New York, Japan, Kamakura, Tokyo, Denmark, Xiaohongshu, Kennedy Town, Communist China, Shanghai, Luoyang, Europe, London, Paris, Hong, Noemi

☆ Making HERstory: How WNBA owner Clara Wu Tsai turned a team ‘no one wanted’ into New York’s next big franchise
▼ + stars: | 2024-10-07 | by ( Carolyn Manno | ) edition.cnn.com time to read: +10 min

Now, back in the Finals, winning the team’s first title would cap off a stretch of unprecedented growth for majority team owner, Clara Wu Tsai. Wu Tsai and her husband, Joe Tsai, bought the team in 2019 for an undisclosed amount after the franchise’s previous owner, James Dolan, put the team up for sale in 2017. Wu Tsai says without investors in the market, she jumped at a chance nobody else wanted. I definitely feel like we have the most inclusive fan base in all of professional sports today,” Wu Tsai told CNN last month. We have an exhibition that’s open to the students, their parents, their teachers, and the community,” Wu Tsai said.

Persons: Clara Wu Tsai, Wu Tsai, Joe Tsai, James Dolan, Dolan, “, ” Wu Tsai, Picasso, ”, Brianna Stewart, Breanna Stewart, Turkey Clara Wu, I’ve, Ellie, “ There’s, “ Caitlin Clark, Angel Reese, Kamilla Cardoso, Cameron Brink, Caitlin, it’s, Covid, “ We’ve, Jean Michel Basquiat Organizations: New, New York CNN, New York Liberty, Barclays Center, ” New York Liberty, Liberty, CNN, Alliance, BK, XL, Cornell University, Yale University, Brooklyn, Department of Education, Barclay Center, WNBA Locations: New York, New York City, Turkey, ”, Brooklyn, United States, Liberty

☆ Moo Deng now has her own crypto, because of course she does
▼ + stars: | 2024-09-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

Moo Deng crypto. Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago. (It should be noted that crypto traders suspect this anonymous Moo Deng booster is an “insider,” since they bought the coin four hours after its creation, per the crypto news site Decrypt. Moo Deng coin is just the latest product of a niche online culture that also birthed Dogecoin (created as a joke to dunk on bitcoin) and Shiba Inu coin (a joke to dunk on Dogecoin).

Persons: Moo Deng, it’s, Deng, Shiba Inu Organizations: New, New York CNN Locations: New York, Thai

☆ ‘I dont think it’s a slam dunk’: Legal expert reacts to charges against Eric Adams
▼ + stars: | 2024-09-26 | by ( ) edition.cnn.com time to read: 1 min

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☆ American Companies' China Profits Are Declining; Increased War Chance
▼ + stars: | 2024-09-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Without the promise of profits, American firms are also becoming less willing to go to bat for China — to reinforce the idea that China's market is crucial to the success of their futures. No demandAfter pandemic lockdowns ended in 2023, the Chinese economy experienced what is known on Wall Street as a "dead cat bounce." What money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. Related storiesWhat money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. It gives corporations, already under financial pressure as China's economy declines, even less reason to act as interlocutors encouraging stability between Washington and Beijing.

Persons: Washington —, Xi Jinping, Lee Miller, lockdowns, They're, Xi, Yi Gang, Michael Pettis, Tesla, Elon Musk, it's, Ball, Jamie Dimon, It's, China's, Goldman Sachs, Ray Dalio, seeping, Miller, Kamala Harris, Donald Trump, Harris, —, Trump, Biden, we're, Cordell Hull Organizations: Apple, Nike, Chinese Communist Party, People's Bank of, Carnegie Endowment, China Business Council, Starbucks, Street, Bridgewater Associates, Beijing, East Asia State Department, CCP, Trump, State Department, Republicans, Financial, Broadcom, Nvidia, Biden Administration Locations: China, America, Beijing, Washington, American, South China, Taiwan, People's Bank of China, Shanghai

☆ The Fed is likely to start slow but strike a dovish tone, strategist says
▼ + 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 EmailThe Fed is likely to start slow but strike a dovish tone, strategist saysRichard Kelly, head of global strategy at TD Securities, says the U.S. Federal Reserve is on the fence over a 25 or 50 basis point rate cut, and neither is a "slam dunk."

Persons: Richard Kelly Organizations: TD Securities, U.S . Federal

But broadband companies have been focused on transitioning their customers to other affordable options to help them make up the expired discount, according to the companies’ earnings calls. In the wake of the ACP’s expiration, broadband companies have reported losing some customers. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. During the second quarter, Charter reported a loss of 149,000 internet customers, while Comcast reported a decline of 120,000 broadband customers. Charter has tried to retain its low-income consumer base by rolling out new savings deals like offering ACP customers a free unlimited mobile line for one year.

Persons: ’, ”, Craig Moffett, “, Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump’s, Vance quieted, ” Gigi Sohn, Joe Biden, Sohn, Wall, they’re, ” Sohn, ” Carey, ” Budzinski, Chris Winfrey, “ We’ve, ” Moffett, MoffettNathanson, Gigi Sohn’s Organizations: Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, NBC News, Capitol, Republicans, Emergency, GOP, Republican House, ACP, FCC, ”, Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, U.S, New York

In the wake of the ACP's expiration, broadband companies reported losing some customers. "But that doesn't take away from the families for whom this was important, and could now lose access to broadband." Pete Marovich | ReutersStill, Sohn believes bipartisan support for the ACP should make reauthorizing it a political slam dunk for Democrats. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. Charter Communications CEO Chris Winfrey said in July that the ACP's expiration impacted both losses and low income broadband connections after the company had "put a lot of effort into the ACP program."

Persons: Craig Moffett, Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump's, Vance quieted, Gigi Sohn, Biden, Pete Marovich, Sohn, Wall, they're, Carey, Budzinski, Chris Winfrey Organizations: Istock, Getty, Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, Capitol, Republicans, Emergency, GOP, Republican House, ACP, Commerce, Science, Washington , D.C, Reuters, Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, Washington ,, U.S, New York

☆ The era of freeloading is officially over
▼ + stars: | 2024-08-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Disney’s streaming business — Disney+, Hulu and ESPN+ — only became profitable in the second quarter this year. Like Netflix, Costco is betting that you’re already emotionally invested in the routine and the satisfaction of getting a closet’s worth of toilet paper that can last the whole year. Last year, the store reported $4.6 billion in revenue from membership fees, and that accounts for the majority of its profit.

Persons: CNN Business ’, they’d, It’s Organizations: CNN Business, New York CNN, Thought Police, Costco, Netflix, America, Disney, Wall Street, Amazon, Apple, HBO, YouTube, Hulu, ESPN, Costco there’s Locations: New York

☆ Team USA wins the gold medal in men’s basketball, defeating France in a thriller
▼ + stars: | 2024-08-10 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The USA men’s basketball team on Saturday won its fifth straight Olympic gold medal, defeating a spirited French team 98-87. With four massive, dagger threes in the final minutes, the greatest three-point shooter in NBA history capped off his first ever Olympics with a vintage performance that had the French team reeling. Even in the final minutes as Curry put their team away, the French fans reacted with a mixture of shock, awe, frustration and heartbreak. Team USA would not trail again. With their typical stifling defense, the French team got within three points of the US.

Persons: Stephen Curry’s, Curry, Devin Booker –, Guerschon Yabusele, LeBron James, James, Kevin Durant, Victor Wembanyama, Wembanyama, Vincent Collet, it’s Organizations: Paris CNN, Saturday, Paris ’ Bercy, NBA, French, Golden State Warriors, Team USA, USA Locations: France, Canada, Germany, French

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