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☆ ‘A lot of fear:’ Trump’s deportation proposals are already rattling workers
▼ + stars: | 2024-11-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

“People are afraid of walking the streets right now; there’s a lot of fear … a lot of fear,” Sanchez said. “Shrinking worker (supply) in a period in which those sectors need more workers and are having a hard time finding workers will clearly generate a slowdown,” Peri said. Although temporary farm visas — known as H-2A — do exist, there is no legal way to have year-round foreign workers. “We know [undocumented immigrants] are working, they’re not sitting at home,” he said. “The slowing in immigration that’s broadly anticipated will probably show up in tighter labor markets for lower-skilled workers,” he said in an interview.

Persons: Donald Trump’s, Sam Sanchez, ”, Sanchez, ” Sanchez, Giovanni Peri, Peri, Ron Estrada, “, ” Estrada, farmworkers, Joe Sohm, Farmworker Justice’s Estrada, Carolinians, they’re, “ They’ve, Biden, Trump, Michael Feroli, Julia Pollak, Scott Olson, it’s, Joe Brusuelas, ” Karoline Leavitt, Vance, Joanne Eriaku, Eriaku, she’s Organizations: CNN, Chicago, Coast Hospitality Group, “, Global Migration, University of California, Davis, UCDavis, Migration Center . Business, Biden, Farmworker, North Carolina Growers Association, Congressional, CBO, JPMorgan, Republican National Convention, RSM, Trump, United Nations, UN, Social Locations: America, Mexico, Little, San Francisco, Chicago, ”, Milwaukee, Chicago’s Little, Springfield , Ohio, New York City, Uganda, Eriaku, Kenya, United States

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, Microsoft, Robinhood, Amazon, Dell, Chewy & more
▼ + stars: | 2024-11-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Loop reiterates Nvidia as buy The firm said it's standing by the stock heading into earnings on Wednesday. "We see more upside potential and are moving up our target price to $51 from $30. Pivotal reiterates Netflix as buy Pivotal raised its price target on Netflix to a Street high $1,100 from $925. Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by the stock following the company's Ignite Conference in Chicago on Tuesday. Citi downgrades Target to neutral from buy The firm downgraded the stock following earnings on Wednesday morning and says it's losing share.

Persons: NVDA, hasn't, Bernstein, Robinhood, HOOD, Tyson, Paul, Apple, Goldman Sachs, Goldman, Piper Sandler, Piper, Morgan Stanley, it's, DELL, qtr, Guggenheim, Oppenheimer, JPMorgan Chase, Cava Organizations: Nvidia, Deutsche Bank, Gaming, Leisure Properties, Deutsche, Netflix, Bank of America, Walmart, Microsoft, Adobe, JPMorgan, Dell, of America, Underperform, Trump, Barclays, Newell Brands, Citi, Target, TGT, HSBC Locations: Chicago

☆ Asia-Pacific markets are set to open mostly lower; Japan trade data and China lending rate in focus
▼ + stars: | 2024-11-20 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The People's Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Asia-Pacific markets were set to open mostly lower Wednesday, following a mixed day on Wall Street amid mounting geopolitical tensions between Ukraine and Russia. Japan's Nikkei 225 futures pointed to a mixed open for the market, with the futures contract in Chicago at 38,300 and its counterpart in Osaka at 38,420 compared to the previous close of 38,414.43. According to a Reuters poll, China is expected to leave its benchmark lending rates unchanged on Wednesday after they were cut in October. Hong Kong Hang Seng index futures were at 19,619, slightly lower than the HSI's last close of 19,663.67.

Persons: Australia's Organizations: People's Bank of China, Investors, Reuters, Nikkei Locations: Beijing, China, Asia, Pacific, Ukraine, Russia, Japan, Chicago, Osaka, Hong Kong

☆ Legendary Bulls forward Bob Love dies at 81 after cancer battle
▼ + stars: | 2024-11-19 | by ( Nbc Chicago | ) www.nbcnews.com time to read: +2 min

Legendary Chicago Bulls forward Bob Love, one of the first stars the team had, has died at the age of 81 after a battle with cancer. Love spent the bulk of his NBA career with the Bulls, then spent decades as a team ambassador in a variety of roles after his playing career ended. “Bob was a true legend and a beloved member of our family,” the Bulls said in a statement. Originally selected by Cincinnati in the 1965 NBA Draft, Love was one of the first star players for the Bulls after they entered the league. Love spent decades as an ambassador for the Bulls, with his impact “transcending basketball,” according to a statement by the team.

Persons: Bob Love, Love, Bob, Jeff Haynes, NBAE, United Center . Love, “, ”, Emily Organizations: Chicago Bulls, NBA, Bulls, Cincinnati, Chicago, United Center, Getty, United Center . Locations: Chicago, United

☆ Gen Z fell in love with government jobs. Elon Musk's budget cuts might upend them.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

Elon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Business Insider's Ayelet Sheffey and Madison Hoff have a breakdown of the number of employees and salaries at different government departments . Veterans Affairs was the largest employer — 486,522 workers — and more than double the second-biggest department (Homeland Security's 222,539 employees). AdvertisementGovernment jobs' potential reckoning is happening after the public sector got a ton of attention this year. Pay in the public sector largely lags behind private-sector jobs, but that's somewhat offset by good benefits, retirement plans, and job stability.

Persons: Elon, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Department of Education, Veterans Affairs, Department of Government, Social, Medicare, Twitter Locations: Washington , DC, Elon Musk's, New York, Chicago, London

☆ Conclave: How realistic is the movie which lifts a lid on how a pope is elected?
▼ + stars: | 2024-11-19 | by ( Christopher Lamb | ) edition.cnn.com time to read: +7 min

CNN —This has been a blockbuster election year politically, so it’s fitting that a new movie shines a light on an ancient and highly secretive voting process: the selection of a new pope. Brían F. O'Byrne as Cardinal O'Malley (L) and Ralph Fiennes as Cardinal Lawrence (R) in the movie "Conclave." They cast them in the Sistine Chapel, in front of the awe-inspiring sight of Michelangelo’s “Last Judgment,” writing their choices on paper ballots that are then burnt after being counted. The crowd waiting outside is informed that a pope has been elected when the chimney above the Sistine Chapel billows out white smoke. White smoke emerged from the chimney on the Sistine Chapel when a new pope was elected on March 13, 2013.

Persons: ”, Edward Berger, Ralph Fiennes, Stanley Tucci, Isabella Rossellini, John Lithgow, Robert Harris, F, O'Byrne, Cardinal O'Malley, Cardinal Lawrence, Bishop Robert Barron, egotism, Fiennes ’, Pope Francis, Steven P, Millies, Bernardin, “, Joe Raedle, Harris, Cormac Murphy O’Connor, Peter Straughan, Tom Reese Organizations: CNN, Roman Catholic Church, Fire Catholic, Bernardin Center, Catholic Theological Union, Jesuit Locations: British, Central, Chicago, Washington ,

☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

☆ Asia-Pacific markets set to rise as China's top financial officials gather in Hong Kong for summit
▼ + stars: | 2024-11-19 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

CNBC asked Intrepid Travel and ChatGPT to put together a two-day itinerary to Melbourne City, AustraliaAsia-Pacific markets are set to open higher on Tuesday, tracking Wall Street gains buoyed by a Tesla rally, and as traders wait to watch key Chinese financial policymakers speak at an investment summit in Hong Kong. Futures for Australia's S&P/ASX 200 stood at 8,327, slightly higher than the index's last close of 8,300.2. Japan's Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 38,275 and its counterpart in Osaka at 38,310 compared to the previous close of 38,220.85. Hong Kong's Hang Seng index futures were at 19,766, higher than the HSI's last close of 19,576.61. The Reserve Bank of Australia will publish the minutes from its monetary policy meeting earlier this month, where it held its benchmark interest rate for the eighth meeting in a row at 4.35%.

Organizations: CNBC, Intrepid Travel, Futures, Australia's, Japan's Nikkei, Reserve Bank of Australia Locations: Melbourne City, Australia Asia, Pacific, Hong Kong, Chicago, Osaka

The number was higher among young adults, with 37% of people ages 18 to 29 saying they turn to influencers for news. Pew surveyed 10,000 adults and analyzed 500 news influencers, which it defined as individuals who regularly post about current events and have over 100,000 followers on Facebook, Instagram, TikTok, X or YouTube. “And these influencers have really reached new levels of attention and prominence this year amid the presidential election.”The rise of social media influencers, and in particular news-focused creators, has been slowly embraced by politicians in recent years. The Republican convention in Milwaukee hosted more than 70 influencers as part of a content creator program. Donald Trump and Vice President Kamala Harris both appeared on podcasts hosted by popular online personalities ahead of the election.

Persons: ”, Galen Stocking, Barack Obama, Donald Trump, Kamala Harris, Trump, Theo Von ”, Joe Rogan, Harris, Alex Cooper Organizations: Pew, Facebook, “, Pew Research Center, YouTube, Democratic, Republican, Heritage Foundation Locations: Chicago, Milwaukee

Labor leaders say Democrats need to rethink their approach to working-class voters. Former Fox News host Pete Hegseth’s attorney confirmed he paid a woman after she accused him of sexual assault. He also denied that the encounter between Hegseth and an unnamed woman, which she alleges happened in 2017, was sexual assault. 🏈 The Kansas City Chiefs’ undefeated season is no more as the Buffalo Bills beat their AFC rivals 30-21 at home. Bills quarterback Josh Allen threw for 262 yards with one touchdown and one interception as Buffalo improved to 9-2.

Persons: Pete Hegseth’s, Democratic Party ’ Donald Trump, Chip Somodevilla, Kamala Harris ’, ”, Brent Booker, ” Booker, Mike Johnson, Trump, Brendan Carr, Roy Rochlin, Donald Trump, “, Parlatore, Dick Schoof, Nora Achahbar, NFL Gregory Bull, Greg Rosenstein, hird, 🐆 Organizations: Labor, Former Fox News, Union, Democratic Party, ’ International Union of, ”, Trump, Federal Communications Commission, Justice Department, FBI, Trump Pentagon, Fox News, NBC News, Washington Post, Authorities, Hegseth, Getty Images, Dutch, NFL, Los Angeles Chargers, Cincinnati Bengals, Sunday, NBC Locations: Amsterdam, Netherlands, West Palm Beach, Fla, Biden’s, ’ International Union of North America, Afghanistan, Hegseth’s, Monterey , California, Anadolu, Getty Images Amsterdam, Moroccan

☆ Microsoft Copilot's underperformance is the latest red flag for investments in AI
▼ + stars: | 2024-11-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.

Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan

☆ The 1982 Tylenol Murders: An Enduring Mystery
▼ + stars: | 2024-11-17 | by ( Brian Todd | ) edition.cnn.com time to read: +5 min

Editor’s Note: Learn more about the decades-old cold case of the Tylenol murders in the latest episode of “How It Really Happened,” airing Sunday at 9 p.m. A string of unsolved murders is the subject of a CNN Original Series documentary, ‘How It Really Happened: Tylenol Murders’ airing Sunday, November 17 at 9 p.m. When they gathered that afternoon, Adam’s brother Stanley Janus and Stanley’s wife, Theresa, also took Tylenol capsules from the same bottle. The most compelling suspect was James William Lewis, who investigators determined had sent a threatening letter to Johnson & Johnson, demanding $1 million to stop the Tylenol murders. As horrific as those deaths remain, the Tylenol murders did lead to safety measures which have very likely saved many lives.

Persons: Washington CNN —, Mary Kellerman, Mary, Kellerman, Adam Janus, Adam’s, Stanley Janus, Stanley’s, Theresa, Mary McFarland, Paula Prince, Mary “ Lynn ” Reiner, Johnson, Yvonne Hemsey, Tylenol, Helen Jensen, Janus, Sherlock Holmes, James William Lewis, Lewis, could’ve, ” James W, Keith Myers, Roger Arnold, Ted Kaczynski, Arnold, Kaczynski Organizations: CNN, Washington CNN, Health, Johnson, Kansas City Star, AP Locations: Chicago’s, Elk Grove Village , Illinois, Arlington Heights , Illinois, Chicago, Arlington, Kansas City, Mo, Texas

☆ Small businesses are hurting at the worst possible time
▼ + stars: | 2024-11-17 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

That’s because small businesses typically having tighter profit margins compared to behemoths like Walmart and Amazon, so they feel the sting of rising costs more acutely. The Small Business Index shows that 8 in 10 small retail businesses rely on holiday sales to meet their annual profit goals. If only it were that simple for small businesses. John Waldmann, chief executive of Homebase, a payroll software provider for more than 100,000 small businesses, said Enjou Chocolat’s dilemma is something he hears all the time. “Small businesses are really reticent to increase prices, so when they do, it’s because they have to,” Waldmann said.

Persons: Washington CNN — Enjou, Mark Chinsky, “, ‘ that’s, you’ve, ” Chinsky, that, Donald Trump, Kamala Harris, we’re, ”, Thomas Barkin, “ Price, Joe Raedle, John Waldmann, Enjou, ” Waldmann, “ They’re, Scott Olson, there’s, Sarah Jordan, ” There’s, Bill Dunkelberg Organizations: Washington CNN, CNN, National Federation of Independent Business, Walmart, ” Richmond Fed, Target, “, Board, Wrigley Field Locations: Morristown , New Jersey, America, Miami, Chicago

Does Sunday’s wild win in Pittsburgh tell us more about the Steelers or Ravens when it comes to AFC contenders? Nguyen: This Packers team is better than last year’s edition. A month from now, are we going to be talking about the Dolphins, Colts, both or neither as competing for the seventh seed in the AFC? Pompei: The competition for the last wild-card spot in the AFC could come down to the Dolphins, Colts, Bengals and Broncos. The Colts defense has improved, and on Sunday Richardson executed better than he did prior to his benching.

Persons: Mike Jones, Ted Nguyen, Dan Pompei, Jones, Steelers hadn’t, Lamar Jackson, Derrick Henry, Henry, Justin Tucker, Tucker’s, Mike Tomlin, Nate Herbig’s, Payton Wilson, Hill, Tucker, I’m, Jeff Hafley, Jordan Love, Love, he’s, Josh Jacobs, Tua Tagovailoa’s, Anthony Richardson, Sunday Richardson, They’re, Richardson, Tagovailoa, hasn’t, Anthony Weaver, Mike Macdonald, Joe Sargent Organizations: Packers, Steelers, Ravens, AFC, The Athletic NFL, Pittsburgh, Chargers, 49ers, NFC, Green Bay, Bears, Dolphins, Colts, Bengals, Broncos, Lions, Patriots, Titans, Giants, Jaguars, Jets, Browns, Texans, Raiders, Chiefs, Getty Locations: Chicago, Pittsburgh, Atlanta, Washington, Baltimore, Green, Houston, Miami

☆ After my divorce, my college boyfriend reached out. We fell in love again, and I'm about to marry him.
▼ + stars: | 2024-11-16 | by ( Isobella Jade | ) www.businessinsider.com time to read: +5 min

We broke up in college, married different people, and got divorced at the same time. When I posted on social media that I was going through a divorce, Dan, my college sweetheart, messaged me asking if we could talk on the phone. On the phone, Dan apologized for breaking up with me through a text message back in 2002 during my junior year of college. Coincidentally, I was going to college in New York City, and he was studying aviation on Long Island, so our campuses were a quick train ride apart. Dan was shy and more serious; he wasn't interested in going to a Roman-themed college party like I was.

Persons: Dan, messaged, wasn't Organizations: Penn Station Locations: Syracuse , New York, New York City, Long, Maine, New York, Houston, Chicago, Dallas, New Orleans, Texas

☆ Pro-Palestinian activists’ anger at Democrats hasn’t been dampened by Trump’s election
▼ + stars: | 2024-11-16 | by ( Gregory Krieg | ) edition.cnn.com time to read: +11 min

CNN —For Democratic pro-Palestinian activists, Donald Trump’s reelection delivered a bitter vindication. Led by the Uncommitted National Movement, they spent months pushing and pleading with the Biden administration to scale back its support for Israel’s war in Gaza. “I don’t have any regrets,” Uncommitted spokesman and strategist Waleed Shahid told CNN. After weeks of back-and-forth, on the final night of the confab, party officials inside the United Center told Uncommitted leaders it was a no-go. “The thing I’ve been saying and I will always say is that these uncommitted voters are our voters, they’re our family,” Barnes told CNN at the time.

Persons: Donald Trump’s, Biden, Joe Biden’s, “, ”, James Zogby, Kamala Harris, ” Uncommitted, Lexis Zeidan, Trump “, ” Lexi Zeidan, Trump, Jill Stein, Harris, Harris ’, wasn’t, ” Zeidan, ’, Wa’el Alzayat, Emgage, Alzayat, Wa'el Alzayat, Jose Luis Magana, Mike Huckabee, Tulsi Gabbard, Matt Gaetz, Waleed Shahid, Lavora Barnes, –, ” Barnes, Shawn Fain, Ruwa, Romman, ” Romman, Trump’s, Dalal Baydoun, Stein, Israel, ” Harris, Bill Clinton, ” Clinton, ” Clinton’s, capper, Liz Cheney, Dick Cheney, Donald Trump, ” Shahid, “ it’s, ” Zogby, Zogby, “ There’s, we’re, he’s, CNN’s Danny Freeman, Yon Pomeranz Organizations: CNN —, Democratic, Movement, Black, Arab American Institute and, Democratic National Committee, Trump, CNN, Green Party, Democrat, Democrats, Muslim, Latina, Democratic National Convention, United Center, Michigan Democrats, United Auto Workers, statehouse, West Bank, United Nations, UN Human Rights, State, Defense, Michigan State University Locations: Gaza, Michigan, Dearborn, CNN Dearborn , Michigan, American, Chase , Maryland, Israel, Chicago, Palestinian, Georgia, ”, Arab, Lebanon, East Lansing, Palestine, Iraq

☆ Urban areas are getting hotter. A startup from one of the world’s hottest cities wants to help
▼ + stars: | 2024-11-15 | by ( Amy Gunia | ) edition.cnn.com time to read: +7 min

The urban heat island effect means that city temperatures can be several degrees higher than nearby rural regions. But detailed information about urban temperatures is scarce. Today, his company FortyGuard is focused on leveraging data and artificial intelligence (AI) technology to provide a detailed view of urban temperature dynamics. Ren said what’s most important about urban heat information is how it will be used. “The question is really, who will be the end user of your data, and who will put such urban heat information into their practices?” she says.

Persons: Jay Sadiq, Sadiq couldn’t, Smith, ”, James Voogt, Chao Ren, Sadiq, ” Sadiq, Brandon Bell, Zillow, Ren Organizations: CNN, University of Western, University of Hong, United Arab, Google Locations: Chicago, Los Angeles, Abu Dhabi, Lafayette Reservoir , California, University of Western Ontario, Hong Kong, University of Hong Kong, San Jose , California, Phoenix , Arizona, Masdar City, United Arab Emirates

☆ Disney is avoiding more political dust-ups, but Netflix is bringing the fight to the media giant when it comes to live sports
▼ + stars: | 2024-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.

Persons: —, it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London

☆ Quarterback clashes and spiraling squads: Five things to look out for in Week 11 of the NFL season
▼ + stars: | 2024-11-15 | by ( Andy Scholes | ) edition.cnn.com time to read: +5 min

CNN —It’s tough, tough times for some NFL fanbases as we enter Week 11 of the season. All of them had high hopes for this season but it has certainly not worked out that way. Ed Zurga/APThe Chiefs are 9-0 this season but could have easily lost to the Ravens, Bengals, Falcons and Broncos. Now or never for the JetsIt’s been a theme for weeks, but this Sunday’s game is an absolute must-win for the New York Jets. Jackson has been the AFC offensive player of the week for three weeks straight and his numbers are eye-popping.

Persons: CNN —, Allen, Patrick Mahomes, Josh Allen, Buffalo . Allen, Mahomes, Ed Zurga, Caleb Williams, Shane Waldon, Mike Dinovo, Thomas Brown –, –, Brown, Tory Taylor, Williams, Kyler Murray, Joe Camporeale, Anthony Richardson, benching, Joe Flacco, Aaron Rodgers, Jayne Kamin, Jim Harbaugh, Quarterback Justin Herbert hasn’t, Herbert, Joe Burrow, Burrow, Jackson’s, Jackson, Kevin Sabitus, Lamar Jackson, He’s, “, ” Jackson, he’s, weren’t, it’s, ” Organizations: CNN, NFL, The Cowboys, Jets, Browns, Kansas City Chiefs, Bills, Chiefs, Ravens, Bengals, Falcons, Broncos, Denver, OC, The Chicago Bears, USA, Sports, Reuters, Carolina Panthers, Bears, Carolina, Green Bay Packers, Green, New York Jets, Arizona Cardinals, Cardinals, Colts, Chargers, Tennessee Titans, Los Angeles Chargers, Quarterback, Football, Cincinnati Bengals, Baltimore Ravens, AFC, Pittsburgh Steelers, NFC, Steelers, “ Locations: Buffalo ., Chicago, Williams, New York, Arizona

NEW YORK CITY — The FBI seized a cellphone and other electronic devices of betting site Polymarket’s CEO Shayne Coplan in a raid on his New York City apartment early Wednesday, according to a source familiar with the matter. The search comes shortly after the company’s markets wagered correctly and controversially in Donald Trump’s favor in bets for who would win the presidential election, despite opinion polls showing a tight race. The source said it’s not clear if Coplan or Polymarket are targets of an investigation. Polymarket, which Coplan founded in 2020, has recently been the subject of intense debate and scrutiny over its creation of election betting markets. The company brought in more than $3.6 billion from bets placed on the presidential election, including $1.5 billion on Trump and $1 billion on Vice President Kamala Harris, according to an NBC News analysis.

Persons: Shayne Coplan, Donald Trump’s, Coplan, “, Kamala Harris, Polymarket, Biden, ” Coplan, ” Shayne Coplan, Matthew Reeves, ” Nicholas Biase Organizations: FBI, New, Trump, NBC, Futures Trading Commission, NBC News, Polymarket, U.S Attorney’s Office, of Locations: New York City, cryptocurrency, Polymarket, Chicago, Southern, of New York

☆ Kraft Heinz must face Mac & Cheese lawsuit, judge rules
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +2 min

Reuters —A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives. Kraft Heinz and its lawyers did not immediately respond to requests for comment on Thursday. In July 2023, a Miami federal judge dismissed a lawsuit accusing Kraft Heinz of understating how long it took to prepare microwaveable Velveeta macaroni and cheese. Kraft Heinz is based in Chicago and Pittsburgh. The case is Hayes et al v. Kraft Heinz Co, U.S. District Court, Northern District of Illinois, No.

Persons: Kraft Heinz, Kraft, Mary Rowland, ”, Rowland, understating, Hayes Organizations: Reuters, District, Kraft Mac, . Food, Drug Administration, Kraft, Berkshire Hathaway, Kraft Heinz Co, Court, Northern District of Locations: Illinois, California, New York, Chicago, Miami, Pittsburgh, Northern District, Northern District of Illinois

☆ Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
▼ + stars: | 2024-11-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident-elect Donald Trump is quickly fleshing out his cabinet, giving a sense of what his second administration will look like. Now he's Trump's nominee for defense secretary. AdvertisementTreasury secretary — TBD: Trump's pick for his top economic advisor is being closely watched considering the key role the economy played in the election.

Persons: —, Donald Trump, Trump, JD Vance, Let's, — Matt Gaetz, Kevin McCarthy, Gaetz, he's, he'd, Mike Johnson, He's, State — Marco Rubio, Rubio, Pete Hegseth, Slaven Vlasic, Hegseth, Hegseth's, Scott Bessent, Howard Lutnick, Cantor Fitzgerald, Bessent, Lutnick, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Trump, Republicans, Senate, Department, Justice, State, Fox News, Getty, Defense, Army Locations: Florida, Silicon, China, Taiwan, Ukraine, Russia, Poland, Israel, New York, Chicago, London

☆ San Francisco wins order blocking Oakland’s airport from using 'San Francisco' name
▼ + stars: | 2024-11-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

A U.S. judge on Tuesday temporarily blocked the Port of Oakland from using “San Francisco” in the Oakland airport’s name, finding the name change would likely cause consumer confusion and harm the city of San Francisco. U.S. Magistrate Judge Thomas Hixson said in the decision that changing the name of Metropolitan Oakland International Airport in nearby Oakland to “San Francisco Bay Oakland International Airport” would likely mislead consumers into thinking it is connected with San Francisco. San Francisco sued Oakland for infringing its airport’s trademarks in April, arguing the Oakland airport’s similar new name would confuse travelers. Oakland’s airport is 12 miles east of San Francisco and just over 30 miles from San Francisco International Airport, whose airport code is SFO. San Francisco International served 47 million passengers in fiscal year 2023 while Oakland’s airport served more than 11 million, according to city reports.

Persons: Francisco ”, Judge Thomas Hixson, Spokespeople, San Francisco, Hixson, San Francisco ’, ” Hixson, ” Organizations: San Francisco . U.S, Metropolitan Oakland International Airport, “ San Francisco Bay, International, Port, Oakland, San Francisco International Airport, San Francisco International, Dallas Locations: Oakland, Francisco, San Francisco ., “ San Francisco, San Francisco, Port, United States, Oakland’s, Chicago, Dallas, London, Paris, Beijing, San Francisco Bay, U.S, “

☆ Asia-Pacific markets set to open lower after Wall Street postelection rally fizzles
▼ + stars: | 2024-11-13 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

The momentum in Japan markets were largely driven by the country's technology and financial sector. Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in the day. Economists polled by Reuters expect corporate goods prices to have risen by an average of 3% for the month of October compared to last year, up from 2.8% in September. Hong Kong Hang Seng index futures were at 19,631, lower than the HSI's last close of 19,846.88.

Persons: Australia's Organizations: Reuters, Japan's Nikkei Locations: Japan, Asia, Pacific, Chicago, Osaka, Hong Kong

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