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☆ Ford to lay off 4,000 workers in Europe
▼ + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Ford plans to cut almost 4,000 jobs in Europe over the next three years, about 14% of its workforce in the region, as the carmaker faces slowing demand for electric vehicles and rising competition from China. “The global auto industry continues to be in a period of disruption, especially in Europe, where the industry faces unprecedented competitive, regulatory and economic headwinds,” Ford said in a statement. Last year, the company said it would axe around 4,900 jobs across Europe. The news of the Ford cuts comes just weeks after Volkswagen said it would trim employee pay by 10% to protect jobs and safeguard the company’s future. The German automaker plans to close at least three factories in its home country and lay off tens of thousands of staff as it grapples with a weak car market in Europe and a steep loss of market share in China.

Persons: London CNN — Ford, ” Ford, Dave Johnston, Ford, ”, John Lawler, ” Lawler Organizations: London CNN, ” Global, Ford, Volkswagen Locations: Europe, China, Germany, United Kingdom, Western

☆ Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition
▼ + stars: | 2024-11-20 | by ( Chris Johnston | ) www.businessinsider.com time to read: +2 min

AdvertisementFord is cutting 4,000 jobs in Europe after "significant losses" in its passenger vehicle operations. The company also cited rising competition and weaker-than-expected demand for EVs. Ford CFO John Lawler called for joint industry action in a letter to the German government. Ford said it would cut 4,000 jobs in Europe by the end of 2027 amid rising competition and weaker-than-expected demand for EVs. Earlier this month, Japanese automaker Nissan announced 9,000 layoffs and a 20% cut in global production amid falling sales in the US and China.

Persons: John Lawler, Ford, Dave Johnston, Lawler Organizations: Ford, General Motors, Nissan, Dodge Locations: Europe, Germany, Cologne, EVs, Detroit, China

☆ Comcast’s cable networks spinoff raises questions about future of the TV business
▼ + stars: | 2024-11-20 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions. Discovery, spin off their cable channels too? How might the cable bundle business model be impacted? “This is a very clear, direct statement by Comcast” that “they are exiting the cable network business,” Greenfield said.

Persons: Mike Cavanagh, NBCUniversal, Tom Rogers, Rogers, “ it’s, ”, ” Rogers, Rich Greenfield, ” Greenfield, ’ It’s, Mark Lazarus, Lazarus, “, Joe Kernen, Greenfield’s, Greenfield, Matt Stoller, Hugh Johnston, “ SpinCo Organizations: New, New York CNN, Comcast, MSNBC, CNBC, Walt Disney Company, Warner Bros, NBC Cable, Lightshed Partners, Paramount, USA Network, SYFY, Golf, Rotten, NBC, American Economic Liberties, Disney, ” Fox Corp Locations: New York

☆ Trump's Treasury Secretary: The best commentary about who the president-elect should nominate
▼ + stars: | 2024-11-18 | by ( Chris Johnston | ) www.businessinsider.com time to read: +6 min

After announcing a swathe of names for his Cabinet, president-elect Donald Trump appears to be conducting auditions for his Treasury Secretary. AdvertisementHere's some of the best commentary we've seen about the race to be the next Treasury Secretary. Blowups somewhere are inevitable, and a Treasury secretary needs the experience to deal with the fallout in a way that reassures markets. There could now be a contest for Treasury Secretary where … the no1 job is reassuring the markets. In return he might be rewarded with the job of treasury secretary.

Persons: Donald Trump, Scott Bessent, Howard Lutnick, Marc Rowan, Kevin Warsh, Cantor Fitzgerald, Trump, Rowan, Apollo, Jay Powell, Warsh, Powell, hasn't, Kyle Bass, Mike Allen, You've, Ian Bremmer, Marco Rubio, Mike Waltz, Biden, Mr Lutnick, Mr Trump, … Mr Lutnick, …, Mr Lutnick's, John Thune, Jeff Stein Organizations: Key Square Capital Management, Apollo Global Management, Federal Reserve, New York Times, The Times, Times, Hayman Capital Management, X, Trump's, Treasury, CNBC, Trump, Fed, White, National Economic Council, Eurasia Group, Bloomberg, The, The Washington Post Locations: X U.S, Eurasia, Washington, United States, The Washington

☆ Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks
▼ + stars: | 2024-11-15 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Disney's CFO Hugh Johnston discussed Universal Studios' upcoming theme park, Epic Universe. Both Walt Disney World and Universal Orlando Resort are adding new attractions. AdvertisementEpic Universe's arrival in Central Florida might be good for its direct competitor, Walt Disney World. Disney's Chief Financial Officer Hugh Johnston discussed Universal Orlando Resort's upcoming theme park during Thursday's earnings call. When asked how Epic Universe's May 2025 debut could impact Walt Disney World, Johnston seemed optimistic.

Persons: Hugh Johnston, Johnston, —, Walt, Arturo Holmes, Disney Dreamers Academy Dennis Speigel, NBCUniversal, Comcast NBCUniversal, Brian L, Roberts, Harry Potter, Berk, Josh D'Amaro, Indiana Jones, James Cameron's Organizations: Universal Studios, Disney, Walt Disney World, Universal Orlando, Service, Walt Disney, Cinderella's, Disney Dreamers Academy, Park, Inc, Comcast, Comcast Corporation, Universal Orlando Resort Universal, of, Nintendo, Magic, Central, Central Florida Tourism, Disney's Hollywood Studios Locations: Central Florida, Florida, Pueblo Esperanza

☆ Disney earnings offer hope that streaming can successfully supplant linear TV
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +2 min

For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024. That would put the division at over $1 billion in operating income for the coming fiscal year. Disney's combined streaming businesses improved their profitability in the company's fiscal fourth quarter, posting operating income of $321 million. For the year, Disney's entertainment streaming platforms (Disney+ and Hulu) made $143 million in operating income.

Persons: Gabby Jones, Warren Buffett, CNBC's Becky Quick, it's, Buffett, Hugh Johnston, Johnston Organizations: Disney, Bloomberg, Getty, Paramount Global, Warner Bros, Hulu, ESPN Locations: Brooklyn, New York, Omaha

☆ Disney stock surges on streaming growth, guidance
▼ + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment. During Disney's fiscal 2025, the company expects high-single-digit adjusted earnings growth compared with the prior fiscal year. Disney anticipates double-digit percentage growth in operating income for its entertainment segment for fiscal 2025. Streaming stridesThe atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. During the fiscal fourth quarter Disney's streaming entertainment ad revenue was up 14% due to Disney+, and executives expect it to be a driver of streaming revenue going forward.

Persons: —, Bob Iger, who's, they're, Hugh Johnston, Disney, Presley Ann, Walt Disney Organizations: Disney, Pixar Disney, Revenue, Warner Bros, Getty, Hulu, ESPN, Discovery, Netflix, Comcast, Paramount Global, " Media, U.S, Walt Locations: Los Angeles, India

☆ Europe fines Meta almost $840 million for linking Marketplace to Facebook
▼ + stars: | 2024-11-14 | by ( Chris Johnston | ) www.businessinsider.com time to read: +3 min

On Thursday, the European Commission fined Meta almost 798 million euros (about $840 million). AdvertisementMeta was fined almost 798 million euros (about $840 million) for breaching European rules by linking Facebook Marketplace to its social network Facebook and imposing unfair trading conditions on other classified platforms. The European Commission said Thursday that all Facebook users are "regularly exposed to Facebook Marketplace whether they want it or not." AdvertisementVestager said Meta's "conduct benefited Facebook Marketplace and gave it "advantages that other online classified ads service providers could not match." Advertisement"The reality is that people use Facebook Marketplace because they want to, not because they have to."

Persons: Meta, —, Margrethe Vestager, Vestager Organizations: European, Meta, Service, Facebook, European Commission

☆ Disney CFO: I wouldn't change anything about our portfolio
▼ + stars: | 2024-11-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CFO: I wouldn't change anything about our portfolioHugh Johnston, Disney CFO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings report.

Persons: Hugh Johnston Organizations: Disney

☆ Disney doesn't plan to change its TV networks portfolio anytime soon
▼ + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Disney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now. The company's chief financial officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably more than the benefit" when it comes to separating its TV networks business, given the "operational complexity." The future of the traditional TV network business has been top of mind in the media industry. In late October, Comcast executives said they were exploring a separation of the cable networks business. Disney reported Thursday that revenue for its traditional TV networks was down 6% for its most recent quarter to $2.46 billion, while profit in the division sank 38% to $498 million.

Persons: Hugh Johnston Organizations: Disney, Comcast

Chinese authorities last month announced high-level plans for subsidies and tax breaks to households with children under the age of 3. China's efforts to bolster birth rates have yet to address the core reasons for their rapid decline, according to analysts. Births in China have been on a drastic downward trend since the government implemented its "one-child policy" nationwide in 1980. An increasingly pressing factor for families in China is uncertainty about income for raising a child. After decades of rapid expansion, China's economy has slowed down, dragged down by a real estate slump.

Persons: Lauren Johnston, Harry Murphy Cruise, Austin Schumacher, Schumacher, Sheana Yue, Yue Organizations: Dongfang, China Studies Center, University of Sydney, United Nations, Moody's, Institute for Health Metrics, University of Washington, Oxford Locations: Lianyungang, China, U.S

☆ I quit my 6-figure job to be a stay-at-home dad. After leaving California, we could afford to be a single-income family.
▼ + stars: | 2024-11-05 | by ( Alexandra Frost | ) www.businessinsider.com time to read: +7 min

The couple's move from California to Maine meant they could afford living off one income. AdvertisementThis as-told-to essay is based on a conversation with Michael Johnston, 41, a stay-at-home dad who lives in Old Orchard Beach, Maine. After maternity leave, my wife was excited to see her coworkers and jump back into her job. When others find out I'm a stay-at-home dad, they always ask: "When are you going back to work?" We are trained to graduate, get a good job, work that job forever, then retire at 65.

Persons: Michael Johnston, —, Maddie, Lincoln, Johnston, Michael Johnston Crunching, we'd, We'd, I'd Organizations: Service, Boston University, KLA Corporation Locations: California, Maine, Old Orchard Beach , Maine, China, Taiwan, South Korea

☆ NFL Week 9 takeaways: Chiefs and Lions on Super Bowl collision course? Improvement from Bryce Young? Chargers showing promise?
▼ + stars: | 2024-11-05 | by ( Ben Morse | ) edition.cnn.com time to read: +27 min

Peter Casey/USA Today Sports/Reuters Denver Broncos quarterback Bo Nix scores a rushing touchdown in Denver on October 27. Jed Jacobsohn/AP Indianapolis Colts wide receiver Alec Pierce is tackled by Miami Dolphins linebacker Jordyn Brooks on October 20 in Indianapolis. Samuel became the first wide receiver in NFL history with 20 touchdown receptions and 20 touchdown runs after scoring on a 76-yard touchdown catch. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Garrett Wilson, Kamari Lassiter, Seth Wenig, Donovan Wilson, Eric Kendricks, Ryan Neuzil, Bijan Robinson, Danny Karnik, Daniel Jones, Luke Hales, Bo Nix, Greg Fiume, Jayden Daniels, Austin Ekeler, Saquon, Jarrian Jones, Elsa, Ra St, Brown, Tim Patrick, Tork Mason, Devin Singletary, Joey Porter Jr, Joe Sargent, Noah Brown, Mary, Peter Casey, Morgan Engel, Chase Brown, Sydney Brown, Joseph Maiorana, Tua Tagovailoa, Carmen Mandato, Sam Darnold, Byron Young, Young, Tra Blake, Mark J, Terrill, Justin Herbert, Mack Wilson Sr, Michael Owens, Chris Conley, Trent McDuffie, Jed Jacobsohn, Alec Pierce, Jordyn Brooks, Andy Lyons, Brandon McManus, Morry Gash, Zach Ertz, DaVon Hamilton, Julian Finney, Riley Moss, Ladd McConkey, Ron Chenoy, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Deebo Samuel, Samuel, John Froschauer, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Cooper Neill, Aaron Rodgers, Rodgers, Christian Petersen, Tremon Smith, Greg Zuerlein, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Darius Slayton, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, they’ve, DeAndre Hopkins, Jared Goff’s, Andy Reid, Dan Campbell, Campbell, Jeff Hanisch, Bryce Young, there’s, Andy Dalton, –, Matt Kelley, Dave Canales, ” Canales, “, “ I’m, Bryce, you’ve, ’, Robert Hunt, I’ve, I’m, Brian Westerholt, Jim Harbaugh, Brandon Staley, Harbaugh, Herbert, Jason Miller, Quentin Johnston, Johnston –, McConkey, Jameis Winston, ”, Kirk Irwin Organizations: CNN, NFL, National Football League . New York Jets, Houston Texans, MetLife, Jets, AP Dallas Cowboys, Atlanta Falcons, Falcons, Cowboys, AP New York Giants, Giants, Washington, Getty Images Denver Broncos, Baltimore Ravens, Ravens, Broncos, Getty Images, Austin, New York Giants, Getty, Philadelphia Eagles, Saquon Barkley, Jacksonville Jaguars, Eagles, Getty Images Detroit Lions, St, Green Bay Packers, Lambeau, The Lions, USA, Sports, Reuters New York Giants, Pittsburgh Steelers, Steelers, Pittsburgh, Chicago Bears, Reuters Denver Broncos, Carolina Panthers, Getty Images Cincinnati Bengals, Reuters Miami Dolphins, Arizona Cardinals, Hard, Dolphins, Getty Images Minnesota Vikings, Los Angeles Rams, Rams, Los Angeles Chargers, Chargers, San Francisco 49ers, Kansas City Chiefs, AP Indianapolis Colts, Miami Dolphins, The Colts, Packers, AP Washington, Getty Images Jacksonville Jaguars, New England Patriots, Jaguars, Reuters Detroit Lions, Dallas Cowboys, Denver Post, Cleveland Browns, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, Seattle Seahawks, Reuters New, Reuters New Orleans Saints, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, AP Jacksonville Jaguars, Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, Reuters, Getty Images Pittsburgh Steelers, Tennessee Titans, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, AP Tennessee Titans, Titans, Bears, Patriots, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, Lions, Detroit Lions, The Chiefs, NFC North, Bucs, Kansas City, AFC, Detroit, NFC, Denver Broncos, New, New Orleans Saints, Young, AP Chargers, Michigan, Harbaugh, Browns, North, Cleveland, ”, Los, Thursday Houston Texans, New York Jets Sunday Dallas Cowboys, Atlanta Falcons Denver Broncos, Baltimore Ravens Miami Dolphins, Buffalo Bills New Orleans Saints, Carolina Panthers Las Vegas Raiders, Cincinnati Bengals Los Angeles Chargers, Cleveland Browns Washington, New York Giants New England Patriots, Tennessee Titans Chicago Bears, Arizona Cardinals Jacksonville Jaguars, Philadelphia Eagles Detroit Lions, Green Bay Packers Los Angeles Rams, Seattle Seahawks Indianapolis Colts Locations: East Rutherford , New Jersey, Atlanta, Baltimore, Philadelphia, Green Bay , Wisconsin, Landover , Maryland, Denver, Cincinnati, Miami, Inglewood , California, Glendale , Arizona, Santa Clara , California, Indianapolis, London, Arlington , Texas, Charlotte , North Carolina, Seattle, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Chicago, São, South America, Detroit, New Orleans, Alabama, Carolina, Los Angeles, North America

☆ A family of Venezuelan migrants in Colorado found help in an unexpected place
▼ + stars: | 2024-11-04 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +13 min

After lunch, the American family took Simaray, Samuel and Santi to a pharmacy to buy shampoo and other items they needed. Denver Mayor Mike Johnston poses for a portrait at the Denver City & County Building. Rachel Woolf for CNNA ‘crisis’ was hitting the cityAt first, Mike Johnston didn’t know about the Facebook message his wife had sent. In the weeks that followed, the Johnston family teamed up with another Denver family, who was trying to help Simaray’s sister, Saray, and her 5-year-old twins, Mathias and Laura. “Two or three people came up to buy it, and each time, she said, ‘No,’” Mike Johnston says.

Persons: Simaray Sanzo, Samuel, didn’t, Santi, Sima, bienvenidos, Simaray, who’d, Rachel Woolf, Courtney, She’d, “, ”, Ava, ” Samuel, they’d, Mike, Mike Johnston, ’, Mike Johnston didn’t, Johnston, ” Johnston, Courtney Johnston, she’d, he’d, ’ ” ‘, ’ Samuel, –, tugging, … That’s, don’t, —, ” Courtney Johnston, Mathias, Laura, Laura Sanzo, Mathias Sanzo, Santiago Castellano, ‘, Santi …, I’m, Denver Mayor Mike Johnston, Samuel Castellano, who’ve, they’ve, who's, “ it’s, she’s, ” Simaray, hasn’t, they’re Organizations: Denver CNN, Facebook, CNN, de Denver, Google, Denver, Denver City, Denver Mayor, Democrat, Republican, “ Locations: Santiago, Denver, Venezuela, ”, “, Washington, Aurora

☆ In Georgia, it’s Republican vs. Republican as election misinformation spreads
▼ + stars: | 2024-11-04 | by ( Sara Murray | ) edition.cnn.com time to read: +5 min

CNN —The deep mistrust between conservatives and Republican election officials in Georgia is hampering efforts to slow the tide of election misinformation swirling in this pivotal battleground state. Our systems are secure and our people are ready.”The best sources of accurate and timely election information have been state and election officials. But plenty of conservatives simply don’t believe what election officials are sharing, even when it is backed up by other sources. We have safeguards to protect elections from fraud.”Among Georgia state officials, there’s obvious frustration with the local conservative agitators. Janice Johnston, one of the conservative members of the Georgia State Election Board, recently posted “Danger!

Persons: Brad Raffensperger, Kylie Jane Kremer, Gabriel Sterling, Raffensperger —, Donald Trump —, Joe Biden, ” Raffensperger, ”, Karli Swift, Amy Kremer, Kylie Jane Kremer’s, Sterling, “, ” Sterling, Trump, ” Cleta Mitchell, Steve Bannon’s, Janice Johnston, that’s, ” Johnston, Johnston Organizations: CNN, Republican, Trump, Infrastructure Security Agency, Peach, Georgia GOP, CNN Conservatives, Republicans, Republican National Committee, Board Locations: Georgia, Russian, Atlanta, DeKalb County, ”, Fulton County, Gwinnett, Fulton

☆ Rise of Middle-Class Shoplifters: Americans Are Stealing From Stores
▼ + stars: | 2024-11-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +18 min

And before you ask, no, he doesn't feel bad about it, especially when he pilfers from Whole Foods. AdvertisementBut there's also a lot we don't know about retail theft. "No, I don't feel bad about stealing from Jeff Bezos," one 20-something occasional shoplifter in Washington, DC, told me. "It doesn't feel like a world in which I can really get by and build a life very easily anymore, " he said. Advertisement"If most of this is happening in Walgreens and Walmart and places like that, I don't know, is it a problem?"

Persons: Carson's, he's, Carson, He's, shoplifts, Jeff Bezos, there's, it's, Joshua Jacobson, California who's, —, that's, Ernesto Lopez, they've, Jeff Prusan, Joe Schmoes, they're, Keith, shoplifter, That's, Donovan, Donovan's, snagging, she's, Jacobson, Jeff Bezos isn't, David Johnston, we're, hasn't, Emily Stewart Organizations: Walmart, Foods, Amazon, National Association of, Criminal, Atlantic, Depot, Target, Guardian, National Retail Federation, Business Locations: New York, California, Washington ,, Atlanta, Texas, Illinois, Walgreens

☆ Gwyneth Paltrow's Goop undergoes second round of layoffs in two months
▼ + stars: | 2024-11-01 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Gwyneth Paltrow's lifestyle brand Goop conducted another round of layoffs, Business Insider learned. AdvertisementGwyneth Paltrow's Goop has conducted its second round of layoffs in as many months, Business Insider has learned. Goop Beauty revenue is up 21% over last year, and G. Label revenue is up 45%, she said. Earlier this year, the company hired consultants from a company called WestView to streamline business, the company told BI. These include in-house clothing brand G. Label, beauty lines Goop Beauty and Good Clean Goop, and delivery-only Goop Kitchen restaurants.

Persons: Gwyneth Paltrow's, —, Gwyneth Paltrow's Goop, Goop, Lauren Johnston, Gwyneth Paltrow, Paltrow, WWD, Felix Capital, you've, I've, It's Organizations: Business, Service, NEA, Lightspeed Venture Partners, Forbes, Netflix Locations: WestView

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

WASHINGTON — A Hollywood actor who had supporting roles in "Anchorman," "Mr. Show," "Arrested Development" and "Bob's Burgers" was sentenced to 12 months and a day in federal prison on Monday for his role in the Jan. 6 attack on the U.S. Capitol. Jay Johnston at the Capitol on Jan. 6. In messages ahead of the attack, Johnston wrote to an acquaintance to "Bring food and a toilet" to what he referred to as "the gala affair" on Jan. 6, prosecutors said. Johnston attended another rally featuring conspiracy theorist Alex Jones and others on the night before the Capitol attack and then filmed himself passing "AREA CLOSED" signs on Jan. 6, prosecutors wrote. More than 1,500 people have been arrested in connection with the Capitol attack, and federal prosecutors have secured the convictions of over 1,100 defendants so far.

Persons: WASHINGTON, Jay Johnston, Johnston, Jacob Chansley, Daniel Hodges, Stanley Woodward, " Johnston, Jimmy Pesto, Taylor, Woodward, Alex Jones, he's, Hodges Organizations: U.S . Capitol, U.S, District of Columbia Prosecutors, Capitol, United States Capitol Police, FBI, Hollywood, Boys Locations: Hollywood

☆ Small-caps are set up for a tactical rally into year-end, says Cantor Fitzgerald's Eric Johnston
▼ + stars: | 2024-10-28 | 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 EmailSmall-caps are set up for a tactical rally into year-end, says Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald chief equity and macro strategist, joins 'Money Movers' to discuss what's moving the small-cap stocks higher, if the possibility of tariffs helps stocks in the Russell 2000, and much more.

Persons: Cantor, Eric Johnston Eric Johnston, Cantor Fitzgerald, Russell

☆ A battle over the future of US retirement is playing out in Pennsylvania as the election looms
▼ + stars: | 2024-10-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +12 min

Similar to Maureen, she's concerned about financial security for older Americans — but she will be supporting Vice President Kamala Harris. "He says that he's going to keep Social Security, but you never know with him," Klein told BI of Trump. CRP research suggests that's due to fewer older adults working traditional jobs and instead pursuing entrepreneurship to supplement their retirement incomes. AdvertisementJR Reed and Krista Geer, both in charge of county-wide aging agencies, have met with older adults in Pennsylvania to hear their top worries. Critics say it isn't tied to a measure that accurately reflects the spending of older Americans.

Persons: Harris, Trump, —, Maureen, Donald Trump, he'll, she's, Heck, Federal Reserve —, Marjorie Klein, Kamala Harris, Klein, Bill Johnston, Walsh, Benjamin Glasner, haven't, Glasner, Mike Crossey, Crossey, Richard Fiesta, Fiesta, Kyle Kopko, Kopko, Bill Candelori, It's, Candelori, Josh Shapiro —, Democrat —, Jason Kavulich, it's, I've, JR Reed, Krista Geer, Geer, Reed, Brian Hughes, JD Vance, Kavulich Organizations: Pennsylvania, BI, Social Security, Service, Republicans, Biden, Trump, Federal Reserve, AARP, Cambria —, Economic Innovation Group, Security, Alliance, Retired, Center for, Democrat, Pennsylvania's, JR Locations: Pennsylvania, Philadelphia, AARP Pennsylvania, — Fayette, Cambria, Pittsburgh, Center for Rural Pennsylvania

☆ Liam Neeson says he's done dating, 15 years after the death of his wife Natasha Richardson
▼ + stars: | 2024-10-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

Neeson was married to Natasha Richardson until her death in 2009. In a new interview with People Magazine, published Wednesday, the 72-year-old "Love Actually" star was asked whether he's currently dating. Neeson, who stars in the upcoming movie "Absolution," was previously married to fellow actor Natasha Richardson. Scott Gries/Getty ImagesAfter Richardson's death, Neeson dated Freya St. Johnston, a PR executive based in the UK, for two years. But according to Neeson, he's simply starting to feel too old for these types of roles.

Persons: Liam Neeson, Neeson, Natasha Richardson, he's, —, Liam Neeson isn't, Daniel, Richardson, Tony, Scott Gries, Freya St, Johnston, Neeson hasn't, Pamela Anderson, Patricia Cornwell Organizations: Service, People Magazine Locations: Melbourne

☆ We heard from 1,000 older Americans: Here are some of their biggest regrets
▼ + stars: | 2024-10-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

More than 1,000 older Americans shared their biggest regrets in life with Business Insider. AdvertisementOver 1,000 Americans between the ages of 48 and 90 told Business Insider their biggest regrets in life. Others said they took Social Security too early or didn't pursue career opportunities that may have led to higher pay. Many respondents' regrets are partially out of their control, from a cancer diagnosis disrupting financial stability to an unexpected divorce or layoff. However, Social Security rules dictate that he cannot collect his wife's $1,300 monthly benefits because her amount is lower than his.

Persons: —, didn't, Janis Carroll, She's, Carroll, Jan Hoggatt, hadn't, I'd, Hoggatt, Jessica Johnston, hasn't, Steve Watkins, Watkins, they're, Michael R, Carol Brownfield, Brownfield Organizations: Business, Social Security, Service, Prudential, Brunswick Group, National Council, Aging, Health, Gallup, Center, Security, Social Locations: Eugene , Oregon, St, Louis, Los Angeles, York, Washington

☆ Small caps will continue to have growth in 2025, Cantor Fitzgerald's Eric Johnston
▼ + stars: | 2024-10-18 | 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 EmailSmall caps will continue to have growth in 2025, Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald chief equity and macro strategist, joins 'Closing Bell' to discuss the bullish case for small caps,

Persons: Cantor Fitzgerald's Eric Johnston Eric Johnston, Cantor Fitzgerald

☆ Small caps just hit levels not seen in nearly three years
▼ + stars: | 2024-10-17 | by ( Fred Imbert | Kavitha Shastry | ) www.cnbc.com time to read: +2 min

Small-cap stocks are looking very good right now. Lower rates can boost smaller companies by allowing them to borrow money for cheaper and expand their businesses. Smaller companies are more vulnerable to economic cycles. Despite this recently strong performance, small caps are still lagging their large-cap counterparts for the year. To be sure, some on the Street are pointing to another driver for small caps: the potential of a Trump victory on Election Day.

Persons: Russell, IWM, JC O'Hara, Roth MKM, Eric Johnston, Cantor Fitzgerald, Donald Trump, Kamala Harris, Cantor, Howard Lutnick Organizations: Federal Reserve, Fed, Insight Enterprises, Trump Locations: China

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