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☆ CNBC Daily Open: October’s gravity bringing stocks down
▼ + stars: | 2024-10-04 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But gravity is catching up with stocks in October, which tends to be a volatile month. If the number of jobs added comes in higher than expected, markets are likely to react well. With the jobs report out in about 12 hours, it's too late for second guessing, in any case.

Persons: Michael M, Dow Jones, David Kelly, Kelly, it's, –, Jeff Cox, Alex Harring, Pia Singh Organizations: New York Stock Exchange, Santiago, CNBC, Dow Jones Industrial, Nasdaq, Nvidia, Dow, U.S . Federal Reserve, Asset Management Locations: New York City

☆ Bridging the U.S. political divide: Tribalism impact on politics and college campuses
▼ + stars: | 2024-10-03 | 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 EmailBridging the U.S. political divide: Tribalism impact on politics and college campusesMichael Morris, Columbia University professor and ‘Tribal’ author, joins 'Squawk Box' to discuss tribalism in the U.S., the impact it has on the U.S. political landscape, college campuses, and more.

Persons: Michael Morris Organizations: Columbia University Locations: U.S

☆ Michael Jordan’s 23XI Racing, alongside Front Row Motorsports, file antitrust lawsuit against NASCAR and its CEO
▼ + stars: | 2024-10-02 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +4 min

In the federal antitrust lawsuit, filed Wednesday and obtained by CNN, the two teams said, “The France family and NASCAR are monopolistic bullies. 23XI Racing's Tyler Reddick (#45) and Front Row Motorsports' Michael McDowell (#34) battle in a NASCAR race. “Today’s action shows I’m willing to fight for a competitive market where everyone wins.”Bob Jenkins, owner of Front Row Motorsports, issued a similar sentiment. “I have been part of this racing community for 20 years and couldn’t be more proud of the Front Row Motorsports team and our success. Meg Oliphant/Getty ImagesThe lawsuit comes after more than two years of negotiations between NASCAR and racing teams.

Persons: Hall of Famer Michael Jordan, Jim France, ”, Denny Hamlin, “, 23XI Racing's Tyler Reddick, Michael McDowell, Jeff Robinson, Jordan, ” Bob Jenkins, ” Jenkins, ” Jordan, Meg Oliphant, Frances, NASCAR “, 23XI Organizations: CNN, NASCAR, Hall of Famer, Motorsports, Associated Press, 23XI, Sunday, Talladega Superspeedway Locations: North America, France, United States, Alabama

☆ OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI
▼ + stars: | 2024-10-02 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

It will also end the week with another reputation: a new piece in the grand puzzle being solved by Masayoshi Son. Related storiesMasayoshi Son's AI vision is ambitiousOpenAI CEO Sam Altman will form just one part of Masayoshi Son's AI plans. Andrew Caballero-Reynolds/AFP/Getty ImagesTo understand Son's grand AI ambitions, it's worth first zooming out to see how SoftBank currently maps out AI investment opportunities. As of June, Vision Fund 1's gains were $21.7 billion, while Vision Fund 2 losses totaled $22.9 billion. AdvertisementSo it's become clear that Son's focus has fallen on the other part of his AI investment stack.

Persons: —, Masayoshi Son, Sam, Sam Altman's, ChatGPT, Sam Altman, Andrew Caballero, Reynolds, SoftBank, it'll, Son's, it's, Son, Michael M, Graphcore, Nigel Toon, OpenAI's Altman, Lionel Barber, Barber Organizations: Service, Bloomberg, Getty, Business, Microsoft, Vision, Vision Fund, Nvidia, Nikkei, Wall Street, Financial Times Locations: Tokyo, AFP

On a more micro level, many ETF investors can sidestep the fund-level capital gains taxes incurred by many investors who own mutual fund shares, experts said. However, mutual fund managers can also generate capital-gains taxes within a fund itself when they buy and sell securities. Costs are lowThe first ETF was an index fund: the SPDR S&P 500 ETF Trust (SPY ). Index funds, also known as passively managed funds, track a market index like the S&P 500 . Investors have equated ETFs with index funds since their inception, even though there are also index mutual funds, experts said.

Persons: Michael McClary, Bryan Armour, Armour, McClary, Morningstar, Michael Iachini, Charles Schwab, Morningstar's, they're, Michael M Organizations: Getty, Exchange, Morningstar, Valmark Financial, Investors, North America, Trust, Financial, Retail, McKinsey, SEC, Securities, Exchange Commission, Stock, New York Stock Exchange, Santiago

☆ With Hurricane Helene disrupting travel, here’s what fliers need to know
▼ + stars: | 2024-10-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Men inspect the damage from flooding in the aftermath of Hurricane Helene on Sept. 28, 2024 in Asheville, North Carolina. Hurricane Helene made landfall Thursday in Florida as a Category 4 storm, leaving a swath of wind- and flood-related damage across Florida, Georgia, North Carolina, South Carolina, Virginia and Tennessee. Airlines make concessions in some casesDamage to a store in Valdosta, Georgia, from Hurricane Helene. Michael M. Santiago | Getty Images News | Getty ImagesSome airlines are making concessions tied to Hurricane Helene, though they vary by carrier and geography. For example, American Airlines, Delta Airlines and United Airlines have alerts about flooding in the Southeast.

Persons: Hurricane Helene, Sean Rayford, Eric Napoli, Helene, Taylor, Napoli, Michael M, Sally French Organizations: Getty, North Carolina Department of Transportation, U.S . Department of Transportation, Finance, Santiago, Hurricane, American Airlines, Delta Airlines, United Airlines, Valdosta ., Delta Locations: Hurricane, Asheville , North Carolina, Southeast U.S, U.S, Florida, Florida , Georgia, North Carolina, South Carolina, Virginia, Tennessee, Valdosta , Georgia, Georgia, Valdosta, Valdosta . United, Augusta , Georgia, Asheville

CNN —Employees at the Department of Veterans Affairs improperly accessed the medical files of Sen. JD Vance and Minnesota Gov. Tim Walz, the two major party vice presidential nominees, and an investigation is under way. Two sources familiar with the situation confirmed that VA employees improperly accessed Vance’s medical records, and roughly two months ago, an employee in VA Inspector General Michael Missal’s office reached out to someone in the Ohio Republican’s operation to alert them of the breach, one of the sources said. The Washington Post, which first reported the incident, said at least a dozen employees accessed the records. Walz enlisted at 17 and served 24 years in the National Guard before retiring in 2005 to run for Congress.

Persons: Sen, JD Vance, Tim Walz, Michael Missal’s, Harris, Terrence Hayes, –, ” Vance, Walz Organizations: CNN, Employees, Department of Veterans Affairs, Minnesota Gov, Washington Post, Justice Department, Marines, National Guard Locations: Minnesota, Ohio, Iraq

The code will appear only on CBS; viewers who tune in on a different channel will not see it. Mr. Trump and his allies fumed after the ABC debate, personally targeting the network’s moderators — Linsey Davis and David Muir — for the four times that they clarified falsehoods that Mr. Trump had uttered from the lectern. CBS appears intent on making Mr. Vance and Mr. Walz the stars on Tuesday, rather than the network or its on-air talent. “The goal of the debate is to facilitate a good debate between the candidates, and the moderators will give them the opportunity to fact-check each other in real time,” Ms. Milne said. CBS said it would remind viewers that the network’s approach to a debate is distinct from a one-on-one interview with a candidate, as on “Face the Nation.”

Persons: ”, Claudia Milne, Norah O’Donnell, Margaret Brennan, Trump, fumed, — Linsey Davis, David Muir —, Vance, Walz, ” Ms, Milne Organizations: CBS, CBS News, ” CBS, CBS Evening, ABC

Universal Music Group, Sony Music Entertainment and Warner Music Group sued the AI music companies Uncharted Labs and Suno this summer over software that allows users to create music from text prompts, alleging that copyrighted songs have been used without permission to train the AI. Websites like Sound Draw, Musicfy, AIVA and Boomy allow users to easily create music with AI using different inputs. AI music companies say the new ease of use allows users who might not have previously been able to easily create music to generate their own content. this is so cool.”In Denver, Speer led a course on AI music tools using Boomy for young musicians. Some of the local artists who performed at Youth on Record’s festival support integrating AI technology into music education and production.

Persons: Billie Eilish, Stevie Wonder, Nicki Minaj, ’, ”, Cassie Speer, “, ” Speer, they’re, we’ll, Musicfy, Grimes, Speer, Regi Worles, Worles, Mitchell, Boomy, Michael Merola, Michael, Genevieve Libien Organizations: BBL, Universal Music Group, Sony Music Entertainment, Warner Music Group, Labs, Universal Music, NBC, Arts Education Data, ”, Hollywood, Associated Press Locations: NBCUniversal, Boomy, U.S, Canadian, Denver, Tennessee

☆ Masayoshi Son is the $100 billion gambler who went from dirt track to tech titan — and he isn't done betting yet
▼ + stars: | 2024-09-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +14 min

SoftBank founder Masayoshi Son has spent his life putting bold bets on the future of technology. SoftBank, the media-technology conglomerate Son founded two decades prior, was riding high on the glory it attained in the dot-com boom. He was told he was special," Barber told BI. "He wants to be seen as the great modernizer transforming this petrostate into a truly modern economy where technology is at the forefront," Barber told BI. But as previous cycles in Son's life dictate, the flurry of enthusiasm is typically followed by failure.

Persons: Masayoshi Son, Lionel Barber, —, Son, Bill Gates, Masa —, Uber, Barber, Vladimir Putin, Barack Obama, — he's, Jack Ma's Alibaba, Wang, he's, Napoleon Bonaparte, Genghis Khan, Qin Shi Huang, Emperor of, Microsoft's Gates, Jordan Strauss, Mitsunori, SoftBank, Rupert Murdoch, Larry Ellison, Jack Welch, Steve Jobs, Masayoshi, Justin Sullivan, Rajeev Misra, Nikesh Arora, Phil McCarten, Abu Dhabi's Mubadala, Mohammed bin Salman, Saudi, Michael Moritz, Kim Jong, Adam Neumann, Donald Trump, Wirecard, Jesus, NurPhoto, He's, Allen Lane Organizations: Service, Financial Times, Kremlin, Yahoo, Popular Electronics, Vision, Deutsche Bank, Google, Reuters, Saudi Arabia's Public Investment Fund, Vision Fund, Valley's, Sequoia Capital, Greensill, Nvidia, Signal Publishers Locations: Tokyo's Roppongi, Japan, Masayoshi, Washington, Wayne, Emperor of China, Kyushu, United States, Riyadh, Berkeley, Las Vegas

☆ Indie movies are having a surprising comeback in a bleak time for Hollywood
▼ + stars: | 2024-09-28 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

AdvertisementDespite all the doom and gloom in Hollywood, there's optimism coming from a surprising place: indie films. "Longlegs" barely promoted its biggest star, Nicolas Cage, and is the year's biggest indie film, grossing over $100 million worldwide. AdvertisementThe case for hope for indie filmsRecently, there's been a spree of pieces predicting the death of indie films. Brands like Procter & Gamble and Neutrogena are taking a bigger role in film financing, too, providing another source of hope for indie films. Indie films can also be a bargain to rent or buy on streaming compared to big studio films.

Persons: Thelma, —, There's, Nicolas Cage, Dennis Quaid, Reagan, Matt Walsh's, Shawn Robbins, Seth, there's, Ampere, Jonathan Glickman, Neutrogena, Michael Messina, Ken Kao, They're Organizations: Service, Magnolia Pictures, Conservative, Blue Harbor Entertainment, Hollywood, Netflix, Ampere, Miramax, Waypoint Entertainment, Partners, Brands, Procter, Gamble, Toronto Film Locations: Hollywood, Seattle, Eastern Europe

Floodwaters in the area of Gulfport, Fla., on Thursday, ahead of Hurricane Helene. Helene, a Category 4 hurricane, made landfall near Perry, Fla., some 200 miles north of Tampa. All three storms put wide swaths of the Tampa Bay region underwater, though none more than Helene, which brought storm surge into neighborhoods that had not seen such flooding in decades — or ever. Credit... Nicole Craine for The New York TimesImage Shore Acres, a flood-prone enclave on the edge of Tampa Bay in St. Petersburg. He would soon add another at three feet, to mark the amount of water that had flowed into his shop from Helene.

Persons: Hurricane Helene, Living, Helene, Idalia, Debby, ” Mimi Wills, I’ve, Nicole Craine, ”, Kento Kawakami, Meghan Martin, Hurricane Idalia, Jane Castor of, Ms, Castor, Gina Ryals, The New York Times “ I’m, “, Chris Wilkerson, Michael Childress, Nancy Otto’s, Hurricane, Nancy Cotto, Cotto, Becki Weber, Ian, Anthony Altman Jr, Scott McIntyre, The New York Times “, Mike Cannon, Pete Beach, Michael Morton, Mr, Morton, Chris Grant, Grant, ” Mr, ” Emily Cochrane, Jennifer Reed Organizations: Hurricanes, Hurricane, Fla ., The New York Times, Tampa General Hospital, “, Idalia, The New York, Shore, Fort Myers, ., Vermont Urban, Task Force Locations: Gulfport, Fla, Hurricane, Tampa Bay, Florida, Mexico, Tampa, Perry, South Tampa, Clearwater, Fla . Credit, Asheville, N.C, Florida , Georgia, North Carolina, South Carolina, Virginia, Atlanta, Erwin, Tenn, St . Petersburg, Old Port Tampa, Davis, downtown Tampa, Shore, Jane Castor of Tampa, St, Petersburg, Credit, Pinellas County, Hillsborough County, Fort Myers Beach, Crystal, Helene, Crystal River, Madeira Beach, Vermont, Fort Myers

☆ US Navy warships fought off a 'complex' missile and drone attack in the Red Sea
▼ + stars: | 2024-09-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

US Navy ships operating in the Red Sea shot down a number of Houthi missiles and drones on Friday. AdvertisementUS Navy warships shot down a barrage of Houthi missiles and drones in the Red Sea on Friday in what a Pentagon spokesperson described as a "complex attack." The Houthis said earlier that they targeted three Navy warships with nearly two dozen ballistic missiles, cruise missiles, and drones. The increased Red Sea presence comes amid heightened fears of an all-out conflict between Israel and the Lebanon-based Hezbollah, another militant group backed by Iran. US forces said they destroyed one missile system in Yemen and two drones over the Red Sea during this time period.

Persons: —, Sabrina Singh, Singh, they're, Michael Murphy, Houthi, Frank E, Petersen, USS Spruance, USS Stockdale, Spruance, Stockdale Organizations: Pentagon, Service, Navy, US Navy Locations: Iran, Indianapolis, Red, Israel, Lebanon, Gulf, Aden, Yemen

☆ Caitlin Clark’s rookie season ends with Fever's loss to Sun
▼ + stars: | 2024-09-26 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Caitlin Clark’s historic rookie season ended Wednesday as the Indiana Fever lost 87-81 to the Connecticut Sun, losing their first-round playoff series 0-2. Her 337 assists in the regular season were not only a rookie record, but also the WNBA record for assists in a season. She became the first rookie to record a triple-double, and she set the record for most 3s by a rookie in a single season, as well. On July 17, Clark recorded 19 assists in a loss to the Dallas Wings, a single-game WNBA record. After her final collegiate game in April, Clark’s professional career began the next month in May.

Persons: Caitlin Clark’s, Clark, Alyssa Thomas, DeWanna Bonner, Michael Mulvihill Organizations: Indiana Fever, Connecticut Sun, Sun, Connecticut, Minnesota Lynx, Phoenix Mercury, Dallas Wings, Fever, Indiana, Associated Press, Fox, Iowa Hawkeyes Locations: Connecticut

☆ House to vote to condemn Biden, Harris and others over 2021 Afghanistan withdrawal
▼ + stars: | 2024-09-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +2 min

The House is set to vote Wednesday to formally condemn President Joe Biden, Vice President Kamala Harris and other officials over their handling of the 2021 U.S. withdrawal from Afghanistan. The resolution also points to Harris’ April 2021 comments to CNN that she played a central role in Biden's decision to pull troops from Afghanistan. Former President Donald Trump and Republican allies have sought to blame Harris for the Afghanistan withdrawal after she jumped into the presidential race in July. Sen. JD Vance, R-Ohio, Trump’s running mate, last month blasted Harris over the administration's handling of the Afghanistan withdrawal. Kamala Harris is disgraceful.”Family members of the service members killed in the Abbey Gate attack did not invite Biden or Harris to Arlington National Cemetery last month to commemorate the attack's third anniversary, a White House official and a Harris aide told NBC News.

Persons: Joe Biden, Kamala Harris, Michael McCaul, Harris ’, Blinken, Matthew Miller, Donald Trump, Harris, Sen, JD Vance, Trump’s, hasn’t, ” Vance, Biden Organizations: House Foreign, CNN, Foreign Affairs, United Nations, Assembly, State Department, Republican, Arlington National, White, NBC News Locations: U.S, Afghanistan, Texas, Kabul, New York, R, Ohio, Arlington

☆ Tropical Storm Helene: Thousands forced to evacuate in Florida as hurricane warnings issued
▼ + stars: | 2024-09-25 | by ( Taylor Ward | Dalia Faheid | ) edition.cnn.com time to read: +12 min

CNN —Thousands of Florida residents have been forced to evacuate as the state prepares for rapidly strengthening Tropical Storm Helene, which could bring powerful winds, flooding and life-threatening storm surge to areas already hard-hit by recent hurricanes. The Big Bend area faces the most serious storm surge: up to 15 feet of it is possible. Over in Sanibel, one couple who met during Hurricane Ian in 2022 and nearly lost everything are now going to weather Tropical Storm Helene together, CNN affiliate WINK reported. Large clouds move over Havana due to the proximity of the tropical storm Helene, on September 24. Officials in neighboring Pinellas County warned hundreds of homes would likely flood with a higher storm surge than in past destructive storms.

Persons: Helene, Debby, Idalia, Ian Just, ” Howard Rabe, “ We’ve, we’ve, ”, Rabe, Ian, Michele Vikartofsky, Larry Leventhal, ” Vikartofsky, “, it’s, “ Ian, Vikartofsky, WINK, Hurricane Debby, Ron Booher, Hurricane Michael, ” Lynn Marshall, Yamil Lage, Ron DeSantis, DeSantis, Cathie Perkins, Kenneth Welch, ” Welch, Brian Kemp, ” Kemp, James Stallings, Herman, Connell Crooms, Corey Perrine, it’ll, It’s Organizations: CNN, Hurricane, National Hurricane Center, Tampa General Hospital, WFTS, WINK, WFTV, WJHG, Getty Images, Gov, Florida National Guard, Florida State Guard, –, Georgia Gov, Georgia Emergency Management, Homeland Security, Woerner, Florida Times, USA, Florida, National Weather Service, Carolinas, Weather, Florida Panhandle Locations: Florida, Bend, United States, Gulf of Mexico, Tampa, Florida’s Gulf, Anclote, Mexico Beach, Cabo Catoche, Citrus, Hillsborough, Charlotte, Gulf , Manatee, Pinellas, Taylor County, Tallahassee, Franklin, Wakulla, Port Richey, Sanibel, Manatee County, Gulf County, Havana, AFP, Getty Images Florida, Georgia, Pinellas County, Idalia, St . Petersburg , Florida, Hillsborough , Pinellas, Sarasota, Jacksonville , Florida, Tampa Bay, Florida , Georgia, Alabama, Tennessee, Carolinas, Virginia, Gulf, Helene

☆ Margot Robbie and Jacob Elordi to star in Emerald Fennell’s ‘Wuthering Heights’ film
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +3 min

Academy Award winner Emerald Fennell‘s anticipated “Wuthering Heights” adaptation just got buzzier with Academy Award nominee Margot Robbie and BAFTA nominee Jacob Elordi attached to star as Catherine Earnshaw and Heathcliff. MRC has tapped LuckyChap to produce the upcoming feature film — written, directed and produced by Fennell, based on the classic romance novel by Emily Brontë. Robbie has also been vocal in championing Fennell’s unique sensibilities after producing both the filmmaker’s movies. She’s so masterful at tone and plot,” Robbie said reflecting on “Saltburn’s” more shocking scenes in a January interview with Variety. Deadline was first to report news of Robbie, Elordi and LuckyChap’s involvement in the project.

Persons: Emerald Fennell‘s, Margot Robbie, Jacob Elordi, Catherine Earnshaw, Heathcliff, Fennell, Emily Brontë, Oscar, ” Fennell, Barbie, Robbie, “, Elordi, Saltburn, Barry Keoghan, Variety he’s, ”, ” Robbie, Carey Mulligan, Mulligan, Rosamund Pike, Kogonada’s, Tom Ackerley, Josey McNamara, “ Saltburn ”, Elvis Presley, Sofia Coppola’s “ Priscilla, ” Elordi, Justin Kurzel, Guillermo del Toro’s, Michael Management, Jeff Bernstein, Gersh . Fennell Organizations: MRC, Variety, Entertainment, CAA, Gersh, UTA Locations: Wuthering, I’m

☆ Trailblazing Black trans singer Jackie Shane finally gets her due in Tennessee
▼ + stars: | 2024-09-20 | by ( Dan Allen | ) www.nbcnews.com time to read: +9 min

Hers is the most unconventional of success stories, but Jackie Shane wouldn’t have had it any other way. The memorial is especially significant for its setting in the capital of Tennessee, where trans rights have recently been targeted. A gifted young Nashville soul singer who saw too few opportunities for herself as a Black trans performer in the Jim Crow South of the late 1950s, Shane joined a traveling carnival. Jefferson Street in North Nashville on March 19. Flash forward to the 2010s, when a series of Canadian music connoisseurs rediscovered Shane and resurrected her career in absentia.

Persons: Jackie Shane wouldn’t, ”, Sarah Calise, Crys Matthews, Nashville Mayor Freddie O’Connell, Olivia Hill, ” Calise, Jackie Shane, Jim Crow, Shane, Seth Herald, William Bell’s “, “ Jackie, Lorenzo Washington, “, ” Shane, Jackie Shane Story, Michael Mabbott, Lucah Rosenberg, Lee, Elliot Page, ” Mabbott, could’ve, Mabbott, Jeff Goode, Jackie, Jason Kempin, ’, Museum Services Michael Gray, Washington, ’ ” Organizations: Nashville, Historical Commission, Nashville Mayor, NBC News, Getty, Jefferson Street Sound Museum, North Nashville . Washington, Toronto, Toronto Star, North Star, PageBoy Productions, Country Music Hall of Fame, Music Hall of Fame, Music, Museum Services, NBC Locations: Tennessee, city’s, Jefferson, North Nashville, Nashville, Black, AFP, Canada, Toronto, Los Angeles, North Nashville .

SPRINGFIELD, Ohio — The dozens of bomb threats and the onslaught of public attention that has befallen a small Ohio city since President Donald Trump and others pushed the false claim that Haitian migrants were stealing and eating pets has children living in fear, worried parents said Thursday. A U.S. flag is displayed on Sept. 16, 2024 in Springfield, Ohio. Luke Sharrett / Getty Images“I really feel bad for the Haitian children, because they’re here for an education,” Moore said. That’s not right, that my daughter has to be fearful,” Springfield parent Martin McWhorter said. “Why are you messing with my baby?”McWhorter said his daughter’s school was a target of the bomb threats and lamented that what had been a small, peaceful city now doesn’t feel safe.

Persons: Donald Trump, “ They’re, ” John Michael Moore, Trump, Kamala Harris, Trump’s, Sen, JD Vance, hasn’t, Luke Sharrett, ” Moore, “, that’s, That’s, ”, Martin McWhorter, ” McWhorter, Melanie Flax Wilt, we’ve, Wilt, Pierre, ” Pierre, Isaac Mackey, Sharice Otieno, couldn’t, ” Otieno, Otieno Organizations: Commission, NBC News, Walmart Locations: SPRINGFIELD , Ohio, Ohio, Springfield, U.S, Springfield , Ohio, ” Springfield, Clark, Haitian, Springfield from Florida, Columbus, Cincinnati, Indiana, Florida

☆ Lawyer for mob boss Whitey Bulger tapped to be lead prosecutor in Karen Read retrial
▼ + stars: | 2024-09-19 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A lawyer who represented Boston gangster James “Whitey” Bulger will prosecute Karen Read, whose murder trial in the death of her Boston police officer boyfriend ended with a hung jury, when the case is retried, officials said Wednesday. In a statement, Norfolk County District Attorney Michael Morrissey said he appointed attorney Hank Brennan to lead the effort to retry Read as special assistant district attorney. Morrissey described Brennan as a skilled former prosecutor and a long-time defense attorney with an expertise in complex law enforcement matters. Brennan was a longtime lawyer for Bulger before the crime boss was killed in a federal prison in West Virginia in 2018. The lead prosecutor in the case, assistant district attorney Adam Lally, will remain on the team that will retry Read, according to Morrissey’s statement.

Persons: James “ Whitey ” Bulger, Karen Read, Michael Morrissey, Hank Brennan, retry Read, Morrissey, Brennan, Read, John O’Keefe, ”, Bulger, O’Keefe, Adam Lally, —, Michael Proctor, Proctor Organizations: Boston, Boston Police Department, Boston Sergeant, Prosecutors, Lexus, Massachusetts, Police Locations: Norfolk County, West Virginia, Canton, Boston

☆ These stocks have momentum on their side even if market stumbles
▼ + stars: | 2024-09-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

With that seasonal volatility in mind, Evercore ISI screened for stocks that may continue to outperform in the current climate. The investment bank combed through the Russell 3000 for stocks that are in the top quintiles for momentum, sentiment and buybacks. One company that made the Evercore ISI screen was mobile tech company AppLovin . Evercore ISI also highlighted Sprouts Farmers Market as a potential outperformer. Evercore ISI upgraded Sprouts to outperform from in line this week.

Persons: Russell, LSEG, BTIG, Benjamin Budish, Robinhood, Michael Montani Organizations: Stock, Federal, UBS, FactSet, Financial, LSEG, Barclays, ISI

☆ How real estate's Alexander brothers got away with decades of alleged sexual assault: 'They are a menace.'
▼ + stars: | 2024-09-18 | by ( Katie Warren | ) www.businessinsider.com time to read: +34 min

Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.

Persons: she'd, Oren, Alon Alexander, Alon, —, Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's

☆ Your favorite stocks may soon be quoted in half-penny increments – which could cut trading costs
▼ + stars: | 2024-09-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty ImagesInvestors may soon see their favorite stocks quoted in half-penny increments. The U.S. Securities and Exchange Commission will vote Wednesday to change the minimum pricing increment for many large-cap stocks, likely to allow for pricing increments of a half-cent. Currently, the minimum pricing increment — or tick size — for most stocks is one cent. In 1997, the minimum tick size went from an eighth of a dollar to a sixteenth, or 6.25 cents.

Persons: Michael M, That's Organizations: New York Stock Exchange, Santiago, Getty, U.S . Securities, Exchange Locations: New York City

☆ Americans Really Hate the so-so Economy, Worried About Recession
▼ + stars: | 2024-09-17 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

We expected there to be a cooling labor market — that's kind of the goal — and it's always just, you know, how cool?" That being said, when it comes to the labor market … it is, in fact, so over. That's an improvement over July's 4.3% unemployment rate, but overall, the jobs market in the US is cooling off. Related stories"If you imagine a labor market like a bathtub, the bathtub is full," said Dana Peterson, the chief economist at the Conference Board. Despite the strong labor market, they're sending endless résumés into the ether without getting any bites, and they don't understand why.

Persons: I've, it's, Allison Shrivastava, Joanne Hsu, there's, Dana Peterson, Jaime, Alexis Fowler, she'd, That's, pang, Hsu, Michael Madowitz, Y, Peterson, We're, Emily Stewart Organizations: Federal, University of Michigan, Conference Board, Roosevelt Institute, Business

☆ Stocks making the biggest moves midday: Gannett, Accenture, Hewlett Packard and more
▼ + stars: | 2024-09-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Hewlett Packard Enterprise — The tech hardware stock jumped 6% after Bank of America upgraded the stock to a buy rating from neutral. Shopify — The e-commerce stock advanced nearly 2% after receiving an upgrade to buy from neutral at Redburn Atlantic. AppLovin — The mobile software stock advanced about 6% following a UBS upgrade to buy from neutral. Gannett — Shares soared 16% after Citi upgraded the newspaper stock to a neutral rating from sell. GE Vernova — The energy stock rallied nearly 4% after Bank of America upgraded the stock to buy from neutral.

Persons: Marie Myers, Biden, Shopify, FanDuel, Michael McGovern, Andrew Obin, Philip Morris, — CNBC's Sean Conlon, Yun Li, Sarah Min, Samantha Subin Organizations: Hewlett Packard Enterprise, Bank of America, Microsoft, Intel, UBS, Gannett —, Citi, Gannett, GE, Vectura Group, Molex Asia Holdings, Vectura, Accenture —, Bloomberg Locations: U.S

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