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Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | ReutersPresident-elect Donald Trump's choice of Sen. Marco Rubio as his secretary of State, arguably the world's most important diplomat, could change the dial when it comes to the U.S.' relationship with both its enemies and its allies. You know, adversaries are uniting — in North Korea, Iran, China, Russia — [and] increasingly coordinating," Rubio said. US Senator Marco Rubio speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump in Doral, Florida, on July 9, 2024. And I think that's what [former President] Donald Trump is trying to say," Rubio said.
Persons: Donald Trump, Marco Rubio, Jonathan Drake, Donald Trump's, Sen, Rubio, Trump, " Rubio, Marco, Trump's, Giorgio Viera, China Rubio, Wei Dongsheng, State Rubio, Mark Wilson, Masoud Pezeshkian, Hassan Nasrallah, Nasrallah, Angela Weiss, Donald Trump —, Ukraine It's, It's, Mike Segar Organizations: Dorton, Reuters, State, Senate Intelligence, Foreign Relations, Trump, White, Allies, CNN, Republican, AFP, Getty, U.S ., Science & Technology, Visual China, Rubio, China, Politico, White House, U.S, NBC, PPL Center, Afp, Russia, NBC News, Republican National Convention Locations: Raleigh , North Carolina, U.S, China, Iran, Ukraine, Russia, North Korea, Doral , Florida, Beijing, Communist China, JIUJIANG, CHINA, Jiujiang, Jiangxi Province, Washington, Israel, New York, Washington , DC, Gaza, Lebanon, Florida, Allentown , Pennsylvania, Tehran, Milwaukee , Wisconsin
Sirens wailed Saturday morning in Israel, warning of incoming fire from Lebanon, including a drone launched toward Israeli Prime Minister Benjamin Netanyahu's house in Caesarea, the Israeli government said. Meanwhile, in Gaza, more than 50 people, including children, have been killed in several Israeli strikes, in less than 24 hours, according to hospital officials and an Associated Press reporter. Israel's emergency services said a 50-year-old man was killed after being hit by shrapnel while sitting in his car in northern Israel. At Al-Awda hospital in Jabaliya, in northern Gaza, strikes hit the building's top floors, injuring several staff members, the hospital said in a statement. The strikes knocked out internet networks in northern Gaza, said Paltel, the Palestinian communications company, on Facebook Saturday.
Persons: Benjamin Netanyahu, Mike Segar, Benjamin Netanyahu's, Yemen's, Hezbollah —, Iran —, Hassan Nasrallah, Israel, Bint Jbeil, Nasser Rashid, Yahya Sinwar, Iran's, Ayatollah Ali Khamenei, Khamenei, Sinwar's, Netanyahu, Sinwar, Abu Hamza, Paltel Organizations: Israel's, United Nations General Assembly, Reuters, Israel, Israeli, Associated Press, Hezbollah, Hamas, Palestinian Health Ministry, Indonesian, Aqsa Martyrs Hospital, Facebook Locations: U.N, New York, U.S, Israel, Lebanon, Caesarea, Gaza, Ben Gurion, Iran, Bint, Beirut, rearming, Beit Lahiya, Al, Jabaliya, Zawayda, Aqsa, Deir al, Palestinian
CNN —The vice presidential debate between Ohio Sen. JD Vance and Minnesota Gov. Vance repeatedly hit Vice President Kamala Harris on border security, while Walz lambasted former President Donald Trump on abortion rights. Tim Walz take part in a vice presidential debate at the CBS Broadcast Center in New York on Tuesday, October 1. Chip Somodevilla/Getty Images Vance addresses Walz during the debate. Alex Kent/Getty Images Cutout images of Vance and Walz are displayed at a debate watch party in New York.
Persons: Ohio Sen, JD Vance, Tim Walz, that’s, Vance, Kamala Harris, Walz, Donald Trump, Harris ’, Trump, Walz —, Vance —, , “ Donald Trump, ” Walz, Mike DeWine, “ you’ve, you’ve, Vance didn’t, didn’t, Margaret Brennan, Harris, Joe Biden’s, Sen, Al Drago, Matt Rourke, Ken Betancur, Angela Weiss, Joe Raedle, Chip Somodevilla, Mike Segar, Norah O'Donnell, Brendan McDermid, Reuters Vance, Julia Demaree Nikhinson, Alex Kent, Victor J, Charly Triballeau, Getty Images Walz, Kevin Wexler, Anna Moneymaker, Walz filibustered, , ” Vance didn’t, Roe, Wade, ” Vance Organizations: CNN, Minnesota Gov, Republican, Trump, Ohio Gov, CBS, Springfield, CBS Broadcast Center, Bloomberg, Getty, People, Center, Reuters, Journalists, United Federation of Teachers, Getty Images, Democratic, USA, New York, Secret Service, Minnesota Public Radio, APM, , Heritage Foundation’s, for Disease Control, Republican Party Locations: Ohio, Minnesota, CNN Springfield, Springfield , Ohio, Springfield, American, , United States, Central, New York, New, AFP, Kendall , Florida, China, Hong Kong
Tim Walz and Republican Sen. JD Vance of Ohio are facing off Tuesday night in New York City for their first – and only – vice presidential debate. Vance mischaracterizes Harris’ role on border policySen. JD Vance claimed that Vice President Kamala Harris was appointed the “border czar” during the Biden administration. Tim Walz and Sen. JD Vance attend a debate hosted by CBS News in New York on Tuesday. A recent report from the US Department of Energy found 142,000 new clean energy jobs were created in 2023. Alex Kent/Getty Images Cutout images of Vance and Walz are displayed at a debate watch party in New York.
Persons: Tim Walz, Republican Sen, JD Vance, Vance mischaracterizes Harris, Sen, Kamala Harris, , Biden, Donald Trump, ” Vance, Harris, Alejandro Mayorkas, , Daniel Dale Minnesota, Mike Segar, Reuters Walz, aren’t, Joe Biden’s, , CNN’s Ella Nilsen, Joe Biden, Michael Ciaglo, Vance, Springfield , Ohio Sen, you’ve, Mike DeWine, Daniel Dale, Danya, Jessie Wardarski, Kamala Harris “, Donald Trump’s, CNN’s Dana Bash, CNN’s Hannah Rabinowitz, John Modlin, Rebecca Noble, Walz, ” Walz, Al Drago, Matt Rourke, Ken Betancur, Angela Weiss, Joe Raedle, Chip Somodevilla, Norah O'Donnell, Margaret Brennan, Brendan McDermid, Reuters Vance, Julia Demaree Nikhinson, Alex Kent, Victor J, Charly Triballeau, Getty Images Walz, Kevin Wexler, Anna Moneymaker, Trump, Roger Severino, ” –, Norah O’Donnell, Katie Lobosco Vance, CNN’s Manu Raju, Ted Barrett, , Trump’s, “ Alabama’s, Andrew Kaczynski, Em Steck Vance, unfroze, Wally Adeyemo, Jennifer Hansler Vance, Joe Manchin, Dave Renner, ” Dr, Erin Stevens, ” Stevens, It’s, ” Renner, Jack Forrest Vance, DHS ‘, Kamala Harris ’, General, Immigrations, ” Aaron Reichlin, didn’t, Jack Forrest Organizations: CNN, Democratic Minnesota Gov, Republican, White, Homeland, Central, Daniel Dale Minnesota Gov, CBS News, Reuters, Biden, Senate, US Department of Energy, 2024 Energy, Bidenomics, CS Wind, CS, YES, ” Republican Ohio Gov, New York Times, US, American Civil Liberties Union, Enforcement, Democratic, US Border Patrol, Getty, Heritage Foundation, for Disease Control, CDC, Department of Health, Human Services, Minnesota Gov, CBS Broadcast Center, Bloomberg, People, CBS, Center, Journalists, United Federation of Teachers, Getty Images, USA, New York, Secret Service, Trump, Congress, Fox News, MIT, CNN’s Ella Nilsen Workers, AFP, Tuesday’s, Minnesota Medical Association, American College of Obstetricians, , DHS, Department of Homeland Security, Homeland Security, Customs Enforcement, ICE, HHS, American Immigration Council, ICE hasn’t, New York Post, Washington Times Locations: Ohio, New York City, El Salvador, Guatemala, Honduras, United States, Mexico, New York, Pueblo , Colorado, Springfield , Ohio, Springfield, , US Border Patrol Tucson, Douglas , Arizona, AFP, Minnesota, New, Kendall , Florida, California, Iran, Israel, South Korea, Qatar, China, United States of America, West Virginia, Fuzhou, China's Fujian
As Tehran watches its most prized non-state ally take a beating, questions are mounting about how it may respond. Israel then began an air assault that killed several Hezbollah commanders and led to the highest number of casualties in Lebanon in almost two decades. The Israeli military has claimed that Nasrallah has been killed, but Hezbollah is yet to comment on the matter. But it’s not an easy option as they will (become) targets, and they don’t understand Lebanon.”Under what circumstances would Iran intervene? This week however, Foreign Minister Abbas Araghchi warned that his country would not remain “indifferent” if a full-scale war between Israel and Hezbollah erupted in Lebanon.
Persons: CNN —, Israel, Hassan Nasrallah, Nasrallah, , , Hanin Ghaddar, Amal Saad, Saad, … it’s, it’s, Ayatollah Ali Khamenei, Trita Parsi, Mohamed Azakir, Farzin, Nadimi, ” Saad, ” Parsi, Parsi, Masoud Pezeshkian, Javad Zarif, Donald Trump, Mike Segar, Pezeshkian, CNN’s Christiane Amanpour, Zarif, Ismail Haniyeh, Abbas Araghchi Organizations: CNN, Washington Institute, AFP, Cardiff University, Islamic Revolutionary Guard Corps, , Washington DC, Quincy Institute, American University of, American University of Beirut Medical Center, Islamic, United Nations, United Nations General Assembly, UN, Reuters, Israel, West, Assembly, UN Security Locations: Israel, Tehran, Gaza, Lebanon, Beirut, Wales, Tel Aviv, Lebanese, Iran, American University of Beirut, Damascus, United States, , Iraq, Syria, Yemen, Islamic Republic, New York
Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. And that's exactly what we're doing ... we'll continue degrading Hezbollah until all our objectives are met," Netanyahu said. He said he traveled to the United Nations to refute the untruths he had heard from other leaders on the same rostrum earlier in the week. Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. Israel is vowing to step up its attacks on Hezbollah until its citizens can return safely to their homes.
Persons: Benjamin Netanyahu, Mike Segar, Netanyahu, Israel, Khan Younis, Ahmad Salem, Getty Images Ahmad Salem, Jalaa Marey Organizations: Israel's, United Nations General Assembly, Reuters, United Nations, United, Health Ministry, Bloomberg, Getty Images, Getty, Afp Locations: U.N, New York, U.S, Lebanon, Israel, El Paso, San Diego, ., Gaza, United Nations, Iran, Lebanese, United States, France, Galilee
Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. In opening remarks before a meeting with senior officials on Russia's nuclear deterrence on Wednesday, which were released by the Kremlin and translated by NBC News, Putin said that "a number of clarifications ... defining the conditions for the use of nuclear weapons" are being made to the document that defines Russia's nuclear doctrine. Russia's latest comments on changing its nuclear doctrine are not a surprise — Moscow has hinted for months that it was making changes to its official stance on the use of nuclear weapons. In its 2020 policy, Russia nonetheless described nuclear weapons as "a means of deterrence," the use of which would be "an extreme and necessary measure." Russian President Vladimir Putin and his Belarusian counterpart Alexander Lukashenko shake hands during a press briefing following their talks in Minsk, Belarus, May 24, 2024.
Persons: Vladimir Putin, Putin, , Volodymyr Zelenskiy, Mike Segar, Volodymyr Zelenskyy, Joe Biden, Zelenskyy, Sergei Ryabkov, Yulia Morozova, Alexander Lukashenko, Mikhail Metzel Organizations: General's, Getty, Kremlin, NBC News, Russian Federation, , Ukraine's, United Nations General Assembly, Reuters, Kyiv, West, Nazi, Belarusian Locations: Moscow, Kyiv, Ukraine, Russia, U.S, U.N, New York, Washington, America, Great Britain, Russia's Kursk, Kursk, Russian, Nazi Germany, Minsk, Belarus
United Nations CNN —It’s time for UNGA 79! Quick explanation: the United Nations General Assembly is an annual world leaders’ summit that has gone on for nearly eight decades since the international body’s founding in San Francisco. Ukrainian President Volodymyr Zelensky is due to give a speech next Wednesday and appear at a special Security Council meeting. Prime Minister of Israel Benjamin Netanyahu addresses the 78th United Nations General Assembly at U.N. headquarters in New York City in 2023. Climate change will be one of the biggest issues being discussed, with the General Assembly expected to hold a meeting on sea level rise on Wednesday.
Persons: United Nations CNN —, It’s, Antonio Guterres, ” Guterres, can’t, Samuel Žbogar, Sergey Bobok, United Nations Linda Thomas, Greenfield, , ” Slovenia’s Žbogar, Volodymyr Zelensky, Israel Benjamin Netanyahu, Mike Segar, Benjamin Netanyahu –, Richard Gowan, Netanyahu “, , Keir Starmer, Rishi Sunak, Donald, Trump, ” Gowan Organizations: United Nations CNN, United Nations General Assembly, UN, Hamas, The Security Council, West, Security Council, United Nations, Reuters Israel, Assembly, Crisis, British, General, Rapid Support Forces, Sudanese Armed Forces, SAF, General Assembly Locations: San Francisco, Gaza, Ukraine, Sudan, Israel, United States, China, Russia, France, United Kingdom, UN, Lebanon, That’s, Kharkiv, AFP, Africa, York, U.N, New York City, El Fasher, Sudan’s North Darfur, New York
Yet crypto's Fairshake PAC also got into the race and spent $2 million to air an ad critical of Bowman. But it's not just money that the crypto industry plans to deploy this fall. Jordan Vonderhaar | Bloomberg | Getty ImagesThe effort is also meant to showcase a matured crypto industry. Meanwhile, Democratic incumbent Sen. Jon Tester told "Meet the Press" in 2022 that crypto did not "pass the smell test." Tester told reporters that he is keeping an open mind about several crypto bills before the Senate.
Persons: Jakub Porzycki, Jamaal Bowman, George Latimer, Israel, crypto's, Bowman, Fairshake, glided, John Curtis, Jamal Bowman, Evelyn Hockstein, Andreesen Horowitz, Coinbase, it's, Crypto, Brad Garlinghouse, Garlinghouse, Jordan Vonderhaar, Sam Bankman, Faryar Shirzad, Goldman Sachs, Sherrod Brown, Republican Bernie Moreno, Tim Sheehy, Sen, Jon Tester, Tester, Brett Kavanaugh, Kavanaugh, Mike Segar Organizations: Nurphoto, Getty Images WASHINGTON, Fairshake PAC, Westchester, Republicans, Democrats, Republican, United States Capitol, Reuters, CNBC, Bloomberg, Getty, White, Senate, Democratic, SEC, U.S Locations: Westchester County, Bowman's, Washington, Fairshake, Austin , Texas, Ohio, Montana
Mike Segar | ReutersBEIJING — Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings in the near future. The new policy included a section on expanding exit channels for venture capital, with an emphasis on supporting companies with technological breakthroughs. Investors, especially those who put U.S. dollars into China-based venture capital funds, have preferred IPOs in the U.S. as the largest and most liquid market. Separately, the U.S. has increased its scrutiny of U.S. capital going into China, especially military-related entities. The China Securities Regulatory Commission has increased fines for misleading investors and clarified requirements for overseas IPOs.
Persons: Mike Segar, Marcia Ellis, Morrison Foerster, Ellis, Winston Ma, Ming Liao, Didi, Morrison Foerster's Ellis, Fang Xinghai, Fang Organizations: New York Stock Exchange, Reuters, State Council, U.S, Venture, NYU School of Law, Investors, Prospect, CNBC, China Securities Regulatory Commission Locations: Manhattan, New York City , New York, U.S, Reuters BEIJING, China, Prospect Avenue, Hong Kong, London
“But matters affecting the integrity of the game have a chilling effect across the board and governing bodies know this is their Achilles heel,” he warned. Fast forward to 2024 and the gambling industry is engrained in US sports culture with leagues, franchises, players and networks now partnering with betting organizations. “We need legislation to do things like prevent sports betting advertising, and to prevent prop betting. However, it can be often in leagues’ financial interest for betting to increase in popularity. “The sports leagues have turned to sports betting because it increases fan avidity.
Persons: Ippei Mizuhara, Shohei Ohtani, Tucupita Marcano, Jontay Porter, ” David Carter, , Paul Sancya, – it’s, Andrew Zimbalist, Zimbalist, ’ ”, , William Hill, Mike Segar, Porter, Long Phi Pham, Pham, Breon Peace, Victor Matheson, Matheson, Adam Silver, Robert D, Manfred , Jr, Wayne Gretzky, Bruce Bennett, ’ Zimbalist, LeBron James, Patrick Mahomes, Connor McDavid’s, ” Matheson, ” Carter, ” Zimbalist, CNN’s Thomas Schlachter Organizations: CNN, Los Angeles Dodgers, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, NBA, USC Marshall School of Business, MGM Grand Detroit, DC, Super, American Gaming, Smith College, Monmouth, Reuters, Authorities, Supreme, College of, NFL, MLB, New York Rangers, Carolina Hurricanes, Madison, Garden, , NCAA, National Council Locations: Brooklyn, Michigan, Detroit, Washington, Oceanport , New Jersey, U.S, Porter , Brooklyn, New York City
Read previewFormer President Donald Trump's Manhattan jury deliberated for four-and-a-half hours on Wednesday — and their first note to the judge shows they were deep in the hush-money conspiracy weeds before breaking for the day. Pecker's testimony continued. Reuters/Mike Segar'The boss is going to be very angry'The second chunk of the transcript to be read back Thursday morning concerns still more of Pecker's testimony. It was at this meeting that the illegal campaign conspiracy underlying Trump's indictment was hatched, according to the witnesses. Under the alleged conspiracy, Pecker, Trump's longtime friend, would alert Cohen when negative stories arose.
Persons: , Donald Trump's Manhattan, they'll, Trump's, David Pecker, Michael Cohen, Trump, We've, Juan Merchan, Karen McDougal Dimitrios Kambouris, Karen, Donald Trump, Pecker, Karen McDougal, Playboy Bunny, Michael, Mike Segar, It's, McDougals's, Cohen, Stormy Daniels, Daniels, Jane Rosenberg, Ted Cruz Organizations: Service, Business, National Enquirer, Trump, Reuters, Trump Organization, Trump Tower Locations: New Jersey, Mexican, New York, Manhattan, Trump's
F1 dispute with Andretti Global draws in U.S. lawmakers
  + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com   time to read: +5 min
Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.
Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami
Read previewAfter one week of jury selection and four weeks of prosecution testimony, Donald Trump's New York hush-money trial is now in its home stretch. Then, the defense case will begin. "I'm doing everything possible to avoid big breaks between summations, jury charge, jury instructions, and deliberations," Merchan told the parties Thursday. AP/Christine CornellThursday: Deliberations could beginAgain, if the scheduling stars align, deliberations could begin Thursday, the last trial day before the four-day holiday. AdvertisementBefore deliberations can begin, jurors need to hear the entirety of the defense case — with or without Trump.
Persons: , Donald Trump's, Juan Merchan, Trump, Michael Cohen, Donald Trump, Julia Nikhinson, Cohen, Trump's, Todd Blanche, Susan Hoffinger, Blanche, — Bradley, Smith, Juan Merchan Jane Rosenberg, Christopher Conroy, Merchan's, Conroy, Merchan, Will Trump, Matt Gaetz, Mike Segar, Judge Cannon, Aileen Cannon, Christine Cornell Organizations: Service, Business, AP, Commission, Prosecutors, Reuters, Federal Election, Trump Locations: York, Florida, summations
Blanche grilled Cohen — the prosecution's star witness in Trump's New York criminal hush-money trial — about the many times that Cohen insulted both Trump and himself on social media. Blanche said as he questioned Cohen about an April 23 TikTok Cohen made just days after the historic trial began. While questioning Cohen, Blanche then asked him about his referring to Trump as "a boorish cartoon misogynist." Michael Cohen, the ex-lawyer for former President Donald Trump, departs his home in Manhattan to testify in Trump's criminal hush-money trial. Prosecutors allege Trump illegally disguised records reimbursing Cohen for a $130,000 hush-money payment made to Daniels ahead of 2016 election.
Persons: , Donald Trump's, Todd Blanche, Michael Cohen, Blanche, Cohen, Trump, douchebag, TikTok Cohen, Cohen deadpanned, Donald Trump, Mike Segar Cohen's, Juan Merchan, Jvlebw8A1O, Jacob Shamsian ⚖️, Cohen's, Susan Hoffinger, Stormy Daniels, Daniels, reimbursing Cohen Organizations: Service, Business, REUTERS, MeidasTouch Network, Trump, White, Prosecutors Locations: Trump's New York, Manhattan, ., Tahoe
A courtroom sketch of Michael Cohen while under questioning by prosecutor Susan Hoffinger at Donald Trump's Manhattan hush-money trial. Michael Cohen, the ex-lawyer for former President Donald Trump, departs his home in Manhattan to testify in Trump's criminal hush-money trial. "It was fantastic," Cohen testified Monday of his decade working for Trump, calling the Trump Organization "a big family." Advertisement"Working for him, especially during those 10 years, was an amazing experience in many, many ways," Cohen told the jury. Former President Donald Trump and attorney Emil Bove attend his New York criminal hush-money trial.
Persons: , Donald, Von ShitzInPants, Cohen, Donald Trump, bestie, Michael Cohen, Susan Hoffinger, Donald Trump's Manhattan, Jane Rosenberg, Trump, Playboy Bunny Karen McDougal, Stormy Daniels, Daniels, he'd, Ben, Big Ben, Roethlisberger, McDougal, Mike Segar, " Cohen, Hillary, Melania, David Pecker, Jonathan Ernst, Roy Cohn, Jeff McConney, McConney, Emil Bove, Spencer Platt, Hope Hicks, Hicks, Prosecutors Organizations: Service, GOP, Trump, Business, REUTERS, Prosecutors, National Enquirer, Trump Organization, Trump Tower, Reuters, Tahoe, FBI Locations: New York, Manhattan, Trump, York
"The fact remains that the job market has remained more robust and resilient than had been expected," he added. And yet, there are a few things that young adults entering the job market aren't willing to compromise on, especially when it comes to work-life balance. Going forward, however, there may be fewer remote options for those just starting out. Where new grads get the best bang for their buckCompanies with remote work opportunities will allow job seekers to cast a wider net, Salemi said. After years of high inflation, new grads must also contend with elevated food, transportation and housing costs, depending on where they go.
Persons: Mike Segar, Mark Hamrick, Monster, Vicki Salemi, Salemi Organizations: City College of New York, Reuters, Istock, Getty Locations: U.S, Manhattan , New York
5 things to know before the stock market Monday, May 6
  + stars: | 2024-05-06 | by ( Michele Luhn | ) www.cnbc.com   time to read: +3 min
Feeling optimisticStock futures were higher Monday after ending last week on a positive note in light of a weaker-than-expected jobs report. Last week, the Dow and Nasdaq rose 1.1% and 1.4%, respectively, while the S&P 500 added 0.5%. Buffett's back, all rightWarren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. During the meeting, Buffett also fielded questions from shareholders, opined on the future of artificial intelligence and praised Fed Chair Jerome Powell for his work steering the economy. Final verdictCombination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.
Persons: Joseph Prezioso, Warren Buffett, Charlie Munger, Buffett, Greg Abel, Jerome Powell, Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, Zhao, Justin Sullivan Organizations: Dow, Nasdaq, Traders, Federal Reserve, Disney, Anadolu Agency, Getty, Berkshire, CNBC, Oracle, Berkshire Hathaway's, Paramount, Reuters, Bloomberg Locations: Omaha , Nebraska, Omaha, San Rafael , California
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. A month earlier, on the opposite coast in downtown Manhattan, FTX's Sam Bankman-Fried received a 25-year prison sentence for his crimes. At the beginning of his trial, SBF sported a fresh haircut and wore suits, but by its end, his curls were wild again. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. watch nowMoney makes all the differenceUnlike SBF, CZ didn't have his wealth wiped out by bankruptcy of the crypto company he founded.
Persons: Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, FTX's Sam Bankman, Fried, Zhao, Binance's Zhao, FTX's, Toyotas, Braden Perry, Perry, Manfred, SBF, Michael Lewis, Lewis, Sam didn't, Amr Alfiky, Sam, Caroline Ellison, , Zhao's, Yi He, Binance, David Ryder, Yang, Rachel Zhao, Yesha Yadav, Yadav, Mark Bini, Lewis Kaplan, Bankman, Kaplan, perjured, Neama Rahmani, Rahmani, Tre Lovell, Zhao hasn't, Lovell, weren't, FTX Organizations: Reuters, Bloomberg, Getty, Department of Justice, CFTC, Stanford University's, Bankman, CZ, Staff, Reuters Prosecutors, Alameda Research, Vanderbilt University, Wall Street, CNBC, FTX, Emergency Economic, Justice Department, DOJ Locations: Seattle, Manhattan, California, Hong Kong, Bahamas, Palo Alto, U.S, New York City, Alameda, Seattle , Washington, Paris, France, Angeles, Binance, Dubai, Delaware
CNN —Scottie Scheffler clinched his second Masters title in style on Sunday, cementing the American’s status as the preeminent force in men’s golf. I love you,” Scheffler replied when asked by Augusta National chairman Fred Ridley if he had a message for his wife. The ball was still amongst the shrubbery when Scheffler rolled in for par on the same green shortly after, extending his lead to three. His first Masters triumph had ended in a shaky – albeit inconsequential – four-putt, but there were no such blips this time round. After a standing ovation on his walk to the 18th green, Scheffler signed off with a simple putt for par.
Persons: Scottie Scheffler, Sweden’s Ludvig Åberg, Scheffler, Meredith, “ I’m, I’ll, ” Scheffler, Fred Ridley, , can’t, , Brooks Koepka, Scheffler toasts, Warren Little, Woods, Åberg, , Jack Nicklaus, Seve Ballesteros, Tiger Woods, ” Woods, ” Åberg, Fuzzy Zoeller, Europe’s, Andrew Redington, Max Homa, Collin Morikawa, England’s Tommy Fleetwood, Rory McIlroy’s, Spain’s Jon Rahm, Ominously, Morikawa, Homa, Mike Segar, Rahm, Jamie Squire, Aberg, Ted Scott Organizations: CNN, Augusta National, Augusta, Golf, PGA Championship, RSM, Getty Locations: Butler, Augusta, Rome, Homa
All of this has given rise to climate adaptation, a sector that aims to mitigate against and adapt to the risks associated with climate change. For James Brennan and Navjit Sagoo, two of the scientists behind climate risk analytics startup Climate X, it is imperative that adaption efforts go hand in hand with those working to curb rising temperatures. Indeed, Bank of America analysts predicted the climate adaptation industry would be worth $2 trillion a year by 2026. Climate X made its calculations based on the UN's Intergovernmental Panel on Climate Change's RCP8.5 scenario, which has been deemed to be a "very high" baseline for emissions. Mike Segar/ReutersAll hands on deckThe need for climate adaptation is clear but often overlooked until an extreme weather event occurs, according to Landesman and Chaudhury.
Persons: , James Brennan, Navjit Sagoo, Abrar Chaudhury, Autarc, Bill Gates, Tucker Landesman, Helge Jørgensen, Mike Segar, Brennan, Sagoo Organizations: Service, Business, Bank of America, Climate, X, Deloitte, University of Oxford's, Business School, New York Times, New, London, Fabian Society, Tech, Breakthrough Energy Ventures, Goldman Sachs, Management, Air, International Institute for Environment, Development Locations: London, New York City, New York, California, Autarc , Massachusetts, Medellin, Colombia, Europe, PitchBook, Mamaroneck, Westchester County , New York, U.S
The hedge fund founder is hosting a splashy fundraising dinner for Trump April 6 at his house in Palm Beach, Florida. But Paulson is not the only GOP kingmaker who is privately gearing up to help Trump. "It's the old cast coming back together to take it across the finish line," said an advisor to one of Trump's bundlers. Many of these "old cast" members are business leaders who have been close to Trump for years. As for the money going to pay Trump's legal bills, at least some of the people attending the Paulson event don't seem to care.
Persons: Donald Trump, John Paulson, Mike Segar, Trump, Paulson, Republican megadonor Rebekah Mercer, Robert Mercer, Rebekah, Oliver Contreras, Rebekah Mercer, Todd Ricketts, Wilbur Ross, Small Business Administration Linda McMahon, Woody Johnson, Meredith O'Rourke, Susan Necheles, Brendan Mcdermid Organizations: Economic, of New, Reuters Veteran, CNBC, Trump, GOP, Republican, New York, The Heartland Institute, Washington Post, Chicago Cubs, Trump Commerce, Small Business Administration, Trump's, New York Jets, NBC News, Save America PAC, Republican National Committee, America, Former U.S, Reuters Trump Locations: of New York, Manhattan , New York, U.S, Palm Beach , Florida, Palm Beach, Trump, Washington ,, Trump's U.S, United Kingdom, Former, New York City
The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.
Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina
New York CNN —Why does actor Aaron Paul co-own a mezcal brand? Rob Kim/Getty Images for NYCWFFIt’s an “opportunity, to be honest,” Cranston told CNN. Celebrities are attractive to the spirits space because of their clout and connections, so the industry has “the door open. Four years later they sold the tequila brand to liquor giant Diageo for $1 billion, and the industry gold rush was on. The side of a Casamigos delivery truck promoting George Clooney and Rande Gerber's tequila brand in a 2015 photo.
Persons: Aaron Paul, Bryan Cranston, , Niro, Issa Rae, Dwayne “, ” Johnson, Matthew, Camila McConaughey, Eva Longoria, Casa Del, Kendall Jenner, Shirley Temple, Warren Beatty, Rob Kim, ” Cranston, George Clooney, Rande Gerber, George Rose, Ryan Reynolds, Conor McGregor, Jose Cuervo, Michael Yanover, Yanover, Jeff Spicer, ” Lisa Hawkins, , Drizly, Dwayne Johnson, Mike Segar, ” Andrew Chrisomalis, Tequila, Ed Mundy, ” Mundy, Sean “ Diddy ” Combs, Combs, Jennifer Lopez’s Delola, Lopez, she’s, Delola, Paul, Cranston, Dos, ” Applebee’s, ” Aaron Paul, CAA’s Yanover, , There’s, Kylie Jenner, Kendall, It’s, I’ve Organizations: New, New York CNN, Hombres, Hollywood, Dos Hombres, Food Network New York, Food Network New York City Wine, Food Festival, CNN, Diageo, Aviation, UFC, Creative Artists Agency, , Reuters, Jefferies, Diddy, New York, New York City Wine, Applebee’s Locations: New York, Casa Del Sol, Food Network New York City, Hollywood, New York City, Iowa, Applebee’s
In this article VKTX Follow your favorite stocks CREATE FREE ACCOUNTCr | Istock | Getty ImagesBiotech company Viking Therapeutics has emerged as a strong potential entrant — or takeover target — in the budding weight loss drug market. Their treatments sparked the weight loss drug industry gold rush over the past year despite their hefty price tags and barriers to insurance coverage. It's too early to say whether Viking's drug could have an edge over existing or developing weight loss treatments. The pharmaceutical giant could also launch a slate of other weight loss treatments over the next few years that may have advantages over Zepbound, whether they offer more weight loss or convenience. That could give Viking the commercial and manufacturing capabilities needed to compete in the weight loss drug market.
Persons: Eli Lilly, Eli Lilly's Zepbound, Viking, Goldman Sachs, Eli Lilly’s, Brendan Mcdermid, GLP, Brian Lian, William Blair, Andy Hsieh, Hsieh, Eli Lilly's, Jefferies, Akash Tewari, doesn't, Mike Segar, Lian, William Blair's Hsieh, Oppenheimer, Jay Olson Organizations: Getty Images Biotech, Viking Therapeutics, Novo Nordisk, Reuters, Viking, Novo, U.S . Food, Drug Administration, Company, Deutsche Bank, CNBC Locations: New York City, Branchburg , New Jersey
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