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☆ From flavor drops to new shapes, how Kraft Mac and Cheese is trying to maintain its dominance
▼ + stars: | 2024-11-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —With Kraft Mac & Cheese’s latest product, the 87-year-old brand is taking a page from hip streetwear companies. Available Friday exclusively on Walmart’s website, Kraft is selling just 15,000 boxes of its limited-edition everything bagel flavor. For the past three decades, Kraft Mac & Cheese has been sold in more than 40 licensed designs, ranging from “Rugrats” to “Spongebob Squarepants,” targeting families with younger children. Now that these kids have grown up with the brand, Kraft is gradually adding designs to attract young adults. Kraft Mac & Cheese released new shapes targeted at young adults.

Persons: Kraft, Connor Rattigan, “, ”, ” Kraft, Kraft Heinz, PepsiCo’s Rice, Flavorites, Andrea Hernández, Millennials, Spongebob, Michael M, ” Ashleigh Gibson, Mario, Rattigan, it’s “ Organizations: New, New York CNN, Kraft Mac, Kraft, Consumer, CNN, “, Walmart, Aldi, Star Locations: New York, United States

☆ The world reacts to Donald Trump's latest trade plans
▼ + stars: | 2024-11-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, the world reacts to Donald Trump's latest trade plans , which could be a massive negotiation tactic . Michael M. Santiago/Getty ImagesThe man who dubbed himself a master negotiator is upending the global trade market with his latest tactic. AdvertisementThe world is reacting to President-elect Donald Trump's new trade proposals targeting China, Mexico, and Canada. There's a lot to unpack, so let's break it down:So, Trump finally gave us an update on his tariff plans. He's telegraphed his plans for hammering Chinese imports, but a 25% tax on Canadian and Mexican goods was a shock.

Persons: Donald Trump's, Trump, Michael M, He's, Will, Justin Trudeau, Claudia Sheinbaum's, Jenny Chang, Rodriguez, Goldman, Scott Wren, Wells Fargo's, They've, Elon Musk's, Omead Afshar, Afshar, Prince Williams, Bill Clark, Astrida Valigorsky, Alyssa Powell, Kendrick Lamar, Drake, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Affordable, Canadian, Trump, US, Companies, Getty, JPMorgan, Deutsche Bank, BI, Tesla, North, Spotify, Universal Music, Wall Street Locations: China, Russia, Mexico, Canada, Canada's, East, New York, Chicago, London

☆ Lunchables were a smashing success. Now they’re in crisis
▼ + stars: | 2024-11-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Lunchables’ slide is hurting its parent company, Kraft Heinz. The end result isn’t just that Lunchables sales are down — numerous competitors have popped up, including Lunchly by YouTube stars Logan Paul and MrBeast. Kraft Heinz also pitched Lunchables to budget-strapped school cafeterias as a way to save money on labor and other costs. Kraft Heinz criticized the findings and said the report contributed to Lunchables’ sales slide. Lunchables’ ‘transformation’Despite Lunchables’ recent woes, Kraft Heinz says it’s investing in the brand.

Persons: Kraft Heinz, Kraft, Lunchables, ”, Diana Frost, “, Logan Paul, MrBeast, It’s, Matt McClain, Carlos Abrams, Rivera, ” Frost, Oscar Mayer, Michael Moss ’, ” Moss, ” Lunchables, Moss, Justin Sullivan, Bob Drane, it’s, “ Lunchables, Frost, David Garfield Organizations: New, New York CNN, CNN, YouTube, Washington Post, ”, School, Center for Science, Consumer, US Department of Agriculture, Kraft, School Nutrition Association, Crain’s Magazine Locations: New York, Euromonitor, Turkey, bologna, Moss

For most art-world buyers, a work unsubtly called “Comedian” lacked a certain a-peel. But on Wednesday, Cattelan got the last laugh as “Comedian” sold for $6.24 million, including $1 million in fees. The buyer was soon revealed to be Justin Sun, a 34-year old cryptocurrency platform founder from China and based in Switzerland. And while some who have capitalized on those assets will inevitably purchase art, artworks themselves have their own rates of return that depend more on evolutions in taste that don’t correlate with wider macroeconomic trends. Sun, the “Comedian” buyer, used his own cryptocurrency, TRX, to make the purchase, Sotheby’s said.

Persons: ”, Maurizio Cattelan, Cattelan, Justin Sun, Sun, ” Sun, ” David Galperin, Sun’s, Alex Glauber, “, ” Glauber, Leonardo da Vinci’s “ Salvatore Mundi ”, Glauber, Duchamp, Marcel Duchamp, Jianping Mei, Michael Moses, JP Mei, ” Moses, “ It’s, Moses, Sotheby’s, CoinMarketCap, Robb, Robert Allen Organizations: Basel, Association of Professional Art Advisors, The New York Times, Moses Art Market Consultancy, NBC News, Sun Locations: Italian, Miami, China, Switzerland, Americas, South Florida, millennials, Europe, South America

☆ School bullies have moved online. But is banning all under-16s from social media really the answer?
▼ + stars: | 2024-11-23 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +13 min

“SOCIAL MEDIA BULLYING IS REAL,” her relatives said in bold caps on a GoFundMe page set up to raise money for her funeral. The Liberal opposition party proposed a social media age limit in June that was backed by the prime minister, then all the state and territory leaders. “Too often social media isn’t social at all, and we all know that. Social media apps subject to the proposed ban include Facebook, Instagram, Snapchat, Reddit and X. Mateusz Slodkowski/SOPA Images/LightRocket/Getty ImagesX owner Elon Musk was less diplomatic in a post on his social media platform. Under the law, social media accounts already created by children under 16 would be deactivated.

Persons: Australia CNN — Kirra Pendergast, She’d, ” Pendergast, ”, “, Kirra Pendergast, CNN Pendergast, ’ ”, it’s, aren’t, Charlotte O’Brien, Seven Network Australia Ella Catley, Crawford, GoFundMe Charlotte O’Brien, Ella Catley, Crawford –, Charlotte’s, Matthew Howard, Kelly O’Brien, ” Howard, Danielle Einstein, Einstein, Charlotte O’Brien’s, Anthony Albanese, CNN Dany Elachi, Elachi, who’ve, we’re, It’s, ” Amanda Third, Monica Pronk Amanda Third, Michael Miller, Hilary Wardhaugh, Mateusz Slodkowski, Elon Musk, Donald Trump, Snapchat, Pendergast, she’s, ’ Organizations: Australia CNN, Social, CNN, Facebook, Seven Network Australia, International Association for Suicide Prevention, Befrienders, “, Liberal, Alliance, Young, Western Sydney University, News Corporation, Meta, News Corp, News Corp Australasia, National Press Club, National Press Club News Corp Australia, ” News Corp, . News Corp, Courier, Digital Industry Group Inc, Inc Locations: Brisbane, Australia, Snapchat, Canberra

☆ Insider Today: Vacation-rental red flags
▼ + stars: | 2024-11-23 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

AdvertisementThis post originally appeared in the Insider Today newsletter. BI's movie reviewer said that "Wicked," starring Ariana Grande and Cynthia Erivo, is worth the two hours and 41 minutes. This week's dispatchGMVozd/ Getty ImagesHow to win ThanksgivingNo matter how you try to slice it, hosting Thanksgiving dinner is a task. Vacation-rental red flagsMartin Puddy/Getty ImagesAs a full-time traveler, it's fair to say Tammy Barr knows what she's doing when it comes to finding a good vacation rental. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: Ariana Grande, Cynthia Erivo, It'll, she's, Ozempic Michael M, Chelsea Jia Feng, Robert F, Kennedy Jr, Big, Martin Puddy, Tammy Barr, Barr, Harold Cunningham, Rebecca Zisser, Philippe, Reid, Craig Karger, Olga Rolenko, Willink, it's, Chad Michael Murray, Jamie, Claire Fraser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, US Naval Academy, Costco, RFK, Getty, Department of Health, Human Services, Big Pharma, nab, BI, Retired Navy, Hulu, Starz Locations: New York City, New York

☆ Top 10 S&P 500 stock winners since Election Day
▼ + stars: | 2024-11-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Michael M. Santiago | Getty Images News | Getty ImagesMany large U.S. companies have seen their stocks swell since the presidential election. The top 10 performing stocks in the S&P 500 index saw returns of 18% or more since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20. The 'Elon Musk premium'And then there's the Elon Musk factor. Tesla's stock got an "Elon Musk premium" from Trump's victory, said Goldberg of Professional Advisory Services. Shares of the electric-vehicle maker soared 14% the day after the election and almost 30% by week's end.

Persons: Michael M, Elon Musk, Donald Trump —, Jeremy Goldberg, Goldberg, Jacob Manoukian, Rosy, outperformance, David Glazer, Paul Moseley, Vistra, Stacey Doré, Elon, Trump, Donald Trump, Chris Unger Organizations: New York Stock Exchange, Santiago, Getty, P Global Market Intelligence, Professional Advisory Services, Inc, Trump, Deregulation, Morgan Private Bank, Companies, Warner Bros ., Max, Disney, Walt Disney Co, Palantir Technologies, Fort Worth Data, Fort Worth Star, Tribune, Service, Vistra Corp, Tech, Elon, Professional Advisory Services ., of Government, week's, UFC, Madison, Garden, Ufc Locations: U.S, Texas, —, Texas , Pennsylvania, Ohio, New York

☆ 15 movies and shows to stream this weekend, from a new Chad Michael Murray romcom to the latest 'Alien' sequel
▼ + stars: | 2024-11-22 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Advertisement"Outlander," "Based on a True Story," and "The Sex Lives of College Girls" return this week. Movies including "Blitz," "The Piano Lesson," and "Alien: Romulus" are streaming. Related VideoThe beloved historical drama "Outlander" is back with the second half of its seventh season, over a year after the last episodes aired. The Peacock drama "Based on a True Story" returns for its second season, and the HBO Max comedy "The Sex Lives of College Girls" premieres its third season. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Romulus, HBO Max Organizations: College Girls, HBO

☆ Trump Recruits His Cast for Season 2 Straight From Television
▼ + stars: | 2024-11-21 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

After an election where podcasts and influencers played an outsize role, conservatives were quick to declare that traditional media was dead. Turns out a lot of it is just moving into the West Wing. President-elect Donald J. Trump, whose rise was fueled by reality TV stardom, is once again turning to television to recruit the key cast members of his new administration. The latest was Dr. Mehmet Oz, the former syndicated TV host, who was picked by Mr. Trump on Tuesday to oversee Medicare and Medicaid. (His wife, Rachel Campos-Duffy, is Mr. Hegseth’s erstwhile “Fox & Friends” co-host.)

Persons: influencers, Donald J, Trump, Mehmet Oz, Pete Hegseth, “, ”, Sean Duffy, Rachel Campos, Duffy, Hegseth’s, Friends ” Organizations: Wing, Mr, “ Fox, Fox Business, Transportation Department, Friends

☆ The DOJ vs. Google: Breaking down the latest in the antitrust case and what it means for Chrome's future
▼ + stars: | 2024-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe DOJ has asked the judge in its antitrust case against Google to force the tech giant to sell Chrome, its massively popular browser. In August, a judge ruled Google violated antitrust laws and acted as a monopoly when it came to its search engine. Google will have a chance to respond next month with its own plan before the judge makes a ruling next year. That makes it a powerful distribution arm for Google since Chrome's default search engine is … Google. And Apple was making at least $20 billion a year by defaulting to Google Search .

Persons: Billy Bob Thornton, Trump, Elon Musk, Vivek Ramaswamy, Chelsea Jia Feng, Hugh Langley, Lara O'Reilly, Lara, Apple, Donald Trump, Matt Gaetz, Marc Rowan, Arturo Holmes, Apollo, Scott Kleinman, Jim Zelter, Morgan Stanley's, Jeff McMillan's, he's, You've, that's, Michael M, Tyler Le, Google's DeepMind, John Deere, Biden, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Justice Department, Google, Tech, Nvidia, Elon, DOJ, Microsoft, YouTube, Bloomberg, Big Tech, Trump, Getty, —, Comcast, Boston Celtics, White Locations: Los Angeles, New York, Chicago, London

☆ We're scooping up more shares of an AI stock down 12% from record highs
▼ + stars: | 2024-11-21 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following the trade, Jim Cramer's Charitable Trust will own 750 shares of AVGO, increasing its weighting to about 3.50% from about 3.25%. We're nibbling on Broadcom shares, buying back the second half of the 100 shares we sold in June at a split-adjusted price of $181. Like most chip stocks excluding Nvidia, Broadcom has fallen from its recent highs. Shares of this AI chip designer and software company have pulled back nearly 12% since closing at a high of nearly $186 apiece on Oct. 9. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, We're, That's, –, Jensen Huang, Blackwell, Jim Cramer, Jim, Michael M Organizations: Broadcom, AVGO, Nvidia, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: New York City

☆ RFK Jr. once praised scathing description of Trump and his base as “idiots,” “Nazis” and “bootlickers”
▼ + stars: | 2024-11-21 | by ( Andrew Kaczynski | ) edition.cnn.com time to read: +8 min

Asked in August whether he would ever serve in Trump’s cabinet, Kennedy said, “No.” but weeks later, he ended his campaign and endorsed Trump. Kennedy has since refrained from any public criticism of Trump, aligning himself with the former president on issues like government censorship and public health. Trump, left, greets Robert F. Kennedy Jr., at a campaign rally in Glendale, Arizona, on August 23. “And you can see that every statement that Donald Trump makes is fear-based,” Kennedy said on his radio show in December 2016. “And, you know, he’s not like Hitler,” Kennedy said.

Persons: Robert F, Kennedy Jr, Donald Trump’s, ”, ” Kennedy, “, Trump, Adolf Hitler, Benito Mussolini, Kennedy, Hitler, “ Hitler, President Trump, demagogues, Adriana Zehbrauskas, Trump’s, Francisco Franco, Mussolini, Huey Long, Father Coughlin, Donald Trump, Obama, barker, George Wallace, …, ’, ‘, Matt Taibbi’s, ’ ” Kennedy, Taibbi, he’s, He’ll, Michael Mann, “ Michael Mann, Erik McGregor, “ Trump, Andrew Wheeler Organizations: CNN, Health, Human Services, Trump, HHS, Centers for Disease Control, Prevention, Drug Administration, National Institutes of Health, Democratic Party, New York Times, Civil Rights Movement, Alabama Gov, ”, Pipeline, EPA Locations: Glendale , Arizona, White, America, Paris, Albany , New York

☆ Who’s Laughing Now? Banana-as-Art Sells for $6.2 Million at Sotheby’s
▼ + stars: | 2024-11-20 | by ( Zachary Small | ) www.nytimes.com time to read: +1 min

A banana that for years has stirred controversy in the art world sold for $6.2 million with fees at Sotheby’s contemporary art auction on Wednesday night. It became what is arguably the most expensive fruit in the world — though it will likely be tossed in a couple days. It comes with a certificate of authenticity and installation instructions for owners to replace the banana — if they wish — whenever it rots. “Returns in the market have been flat or decreasing over the last decade,” said Michael Moses, who tracks the investment potential of artworks for clients. “It’s a fascinating asset because you can get so much joy from it that people are willing to accept lower returns.

Persons: ”, Maurizio Cattelan, Justin Sun, Michael Moses, “, Joy, Sun Locations: Chinese

☆ Milan’s Via Monte Napoleone is now the world’s most expensive shopping street
▼ + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Milan’s Via Monte Napoleone has beat out New York’s Fifth Avenue to become the world’s most expensive shopping street, marking the first time a European city has topped the rankings. The Gucci store on Fifth Avenue in New York City, seen in March 2024. In April, Gucci parent Kering paid €1.3 billion ($1.4 billion) to acquire a building on Via Monte Napoleone from a subsidiary of Blackstone. The world’s 10 most expensive shopping locations, by rent per square foot, according to Cushman & Wakefield:1. Via Monte Napoleone, Milan2.

Persons: Thomas Casolo, ”, Gucci, Michael M, Robert Travers, Kering, Blackstone . Chanel, Versace, Cartier, Celine Organizations: London CNN, New, Cushman &, Bond, Hong, Cushman, Wakefield’s, Italy, CNN, Via, Blackstone ., Henley & Partners, Cushman & Wakefield, New Bond, Tsui, Pitt, Mall Locations: Napoleone, Cushman & Wakefield, Paris, New York City, Europe, East, Africa, Via Monte Napoleone, Bottega, Milan, New York, London, Hong Kong, Ginza, Tokyo, Bahnhoftstrasse, Zurich, Sydney, Myeongdong, Seoul, Kohlmarkt, Vienna

☆ The US Navy is leaving the volatile Middle East without an aircraft carrier again, even as fighting continues
▼ + stars: | 2024-11-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementThe US Navy's sole aircraft carrier in the Middle East left the region over the weekend. The US is now without a carrier in the volatile Middle East for the first time in a while. An E/A-18G Growler launches from the flight deck of the aircraft carrier USS Abraham Lincoln in October. AdvertisementUSNI News first reported on Monday the Lincoln's departure from the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln prepares to conduct a replenishment-at-sea with the destroyer USS Frank E. Petersen Jr. in November.

Persons: Abraham Lincoln, Arleigh Burke, Frank E, Petersen, Michael Murphy, Spruance, Theodore Roosevelt, Dwight D, Eisenhower, Lincoln, Harry S, Truman, Defense Lloyd Austin, Pat Ryder, Austin Organizations: Navy's, East, US Navy, Business, Fleet, Lincoln, US, Pentagon, Israel, Defense, US Air Force, Navy, Hamas Locations: Lincoln, Iran, Portugal's, Gulf of Aden, Israel, Gaza, Lebanon

☆ Elon Musk downsized Big Tech. Can he do the same to Big Government?
▼ + stars: | 2024-11-17 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

And to run the new cost-cutting department, Trump tapped the businessman he calls the world's "greatest cutter" — Elon Musk. If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. When it comes to federal spending, one person's waste is another person's bread and butter. And his massive investments in electric vehicles and social media are dependent on all sorts of federal spending and oversight. Musk has acknowledged that Americans will feel "hardship" as a result of the cuts he wants to see implemented.

Persons: Donald Trump, Trump, Elon Musk, Musk, cochair, Vivek Ramaswamy, Ronald Reagan —, There's, Michael Morris, Morris, it's, Andy Wu, Linda Bilmes, Ronald Reagan, Joel Friedman, Brian Hughes, DOGE, Reagan, Ramaswamy, It's, Sam, Uncle, Elon Organizations: Department of Government, Twitter, Tesla, SpaceX, Defense Department, IRS, Columbia Business School, Harvard Business School, Government, Harvard Kennedy School, Office, GAO, Fox News, Budget, Federal Aviation Administration, Veterans Administration, — Locations: Ecuador, Independence

☆ Taiwan is fast becoming a hub for outdoor adventure and wellness seekers
▼ + stars: | 2024-11-15 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

But rather than one of the more obvious outdoor wellness and adventure hubs, it’s actually Taiwan. “Several factors have contributed to the rapid growth of outdoor sports in Taiwan,” says Kate Chen of the Taiwan Tourism Administration. “There was a huge spike in young adults wanting to go hiking or cycling.”But it’s not just locals discovering the island’s outdoor opportunities. Floating in the South China Sea between Taiwan, Hong Kong and the Philippines, Dongsha Marine National Park offers an entirely different take on outdoor adventure. They also provide a venue for more than 100 nature trails that are part of a national trails network created in 2002.

Persons: CNN —, Topping, ”, Kate Chen of, Michael McCreesh, it’s, Krathon, Chen, Thao, Zhong, Nick Kembel, Taiwan's, “, There’s, Xiao Baiyue Organizations: CNN, Taiwan Tourism Administration, Taiwan, Wellness, Scenic Area, Recreation, Villa, Taiwan Music, Dongsha, Park, MTB, Taiwan Surf Travel, Amis Locations: Chile , New Zealand, California, it’s, Taiwan, Belgium, Massachusetts, Taroko, Te, lakeview, Taipei, Wulai, Neidong, Beitou, Kenting, Fuji, Canadian, South China, Hong Kong, Philippines, “, County, Hualien City

☆ ‘Just pure uncertainty.’ Small businesses are hopeful and fearful ahead of Trump’s second term
▼ + stars: | 2024-11-15 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

However, the post-election environment is hitting different this time around for many small business owners, such as Barrel-Art’s Michael Prieto, and leaving them wondering what comes next. For business owners who already were unsettled about the economy or its direction prior to the election, navigating the months and years ahead could be even more precarious, he added. Running leaner, hoping for cheaper moneyIn the months leading up to the election, Prieto was taking a wait-and-see approach. Michael Prieto, owner of Barrel-Art, in his shop in Newport News, VA, on November 13. Michael M. Santiago/Getty ImagesSmall business owners, by their nature, are optimistic, he said.

Persons: Michael Prieto, Donald Trump, John Arensmeyer, they’ve, ” Arensmeyer, “, ”, Art’s Prieto, Prieto, America ”, “ It’s, he’d, We’ve, Arensmeyer, Michael M, I’ve, Clifton Broumand, Janna Rodriguez, Rodriguez, she’d, can’t, JD Opel, he’s, ” Opel, ” JD Opel, — Opel, “ I’ve, Trump, Jeff Wood’s, ” Wood, we’ve, it’s, Marc Marcuse, Marcuse Organizations: CNN, Small, Economic, Shipping, Port, Getty, Machine, Corp, Opel, Reel Management, Management’s, Republican, White Locations: America, Newport News, Newark, New Jersey, China, Maryland, Freeport , New York, Evansville , Indiana, Jeff Wood’s Coldwater, Florida , Georgia, Utah, Pennsylvania, Los Angeles, Florida

☆ These Trump loyalists named to roles in the new administration once flocked to a courtroom for his criminal trial
▼ + stars: | 2024-11-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Four of the Trump loyalists who rallied behind him during the trial have already been tapped for roles in the president-elect's incoming administration. AdvertisementThose Trump allies include:JD Vance attended Trump's hush-money trial. AdvertisementGaetz was among an entourage of rank-and-file House Republicans who showed up at Trump's hush-money trial in support of the then-presidential hopeful. AdvertisementVivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.

Persons: Donald Trump, JD Vance, Matt Gaetz, Vivek Ramaswamy, Mike Waltz, Trump, —, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Victor J, Matt Gaetz Trump, Gaetz, Curtis Means, Elon Musk, Ramaswamy, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington

☆ These Trump loyalists flocked to the courtroom for his criminal trial this year. Now, they've been named in his new administration.
▼ + stars: | 2024-11-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Various GOP figures showed up at the courtroom to support Donald Trump during his trial earlier this year. Four of the loyalists who rallied behind Trump during the trial have already been tapped for roles in his incoming administration. The Trump allies who supported him in court and have now been named to his administration are:JD Vance attended Trump's hush-money trial. Vivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.

Persons: Donald Trump, Trump, —, Todd Blanche, Emil Bove, Dean John Sauer, JD Vance, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Matt Gaetz, Victor J, Matt Gaetz Trump, Gaetz, Vivek Ramaswamy, Curtis Means, Elon Musk, Ramaswamy, Mike Waltz, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington

CNN —Argentine delegates at the COP29 United Nations climate summit in Baku, Azerbaijan, have been ordered to withdraw from negotiations and return home, according to a source at the country’s foreign ministry. He is expected to travel to the United States this week to attend a Conservative Political Action Conference (CPAC) summit at Mar-a-Lago, Florida. Milei came to power less than a year ago, running on a libertarian platform, and has since implemented drastic social and economic measures in Argentina. Other cuts to public services have so far included shutting down the Argentina national press agency Télam and several ministries. Abortions were legalized in Argentina in 2021 in all cases up to 14 weeks of pregnancy.

Persons: Donald Trump’s, Trump, Biden, “, ”, John Podesta, Javier Milei, ” Milei, Milei, ” Javier Milei, UNGA, Michael M, Diana Mondino, CNNE, Donald Trump, Trump’s Organizations: CNN, Argentine, COP29, White, UN, Assembly, United Nations, Conservative Political, Argentina national Locations: Nations, Baku, Azerbaijan, Paris, Argentina, New York City, Cuba, Venezuela, United States, Mar, Lago , Florida, Buenos Aires

Protesters waved Nazi flags outside of a community theater production of “The Diary of Anne Frank,” leaving performers "understandably shaken" by the hateful display in Michigan, officials said Monday. American Legion Post 141 in Howell, Mich., where the play by Frances Goodrich and Albert Hackett was being staged. "For this production, our cast was also on stage in character during intermission, which was when they found out as well," according to a statement by the Fowlerville Community Theater. The Fowlerville Community Theater drew direct parallels between the play — adapted from the famed diary of Anne Frank, a Jewish girl killed by Nazis in the Holocaust — and the events of Saturday night. "The presence of protesters outside gave us a small glimpse of the fear and uncertainty felt by those in hiding," the statement said.

Persons: Anne Frank, ”, Frances Goodrich, Albert Hackett, Anne Frank ., Sheriff Michael Murphy, Murphy, Donald Trump, Hitler Organizations: American Legion, Google, Fowlerville, Getty, Michigan Anti, Defamation League Locations: Michigan, Howell, Mich, Livingston County, . Michigan, U.S

☆ OpenAI reportedly facing issues with its new AI model is a red flag for the entire industry
▼ + stars: | 2024-11-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt also undermines a core assumption about the future of generative AI: If you add more data and computing power, you get smarter and more powerful AI models. Top AI players have eye-popping valuations based on the promise that AI models will keep getting smarter and better with time. Getty Images; Chelsea Jia Feng/BISo what's holding AI models back from making another big jump? Anthony Scaramucci tells BI Trump's economic plans could cause a 1920s-style stock-market crash .

Persons: —, OpenAI's, Fabrice Beaulieu, Justin Sullivan, That's, Insider's Hasan Chowdhury, Beatrice Nolan, Orion, OpenAI, Chelsea Jia Feng, Anthony Scaramucci, Trump, Viktor Kovalchuk, Michael M, Robert Perry, Rebecca Zisser, what's, Donald Trump —, Morgan Stanley, Carta, Jed Finn, Goldman Sachs, Jeremy Siegel, Trump's, Jeff Bottari, Donald Trump, Joe Rogan, elect's, Elon Musk, Tesla's, Musk, Timo Lenzen, Juan Merchan, Donald Trump's, Jack Teixeira, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Orion, Getty, Companies, New York Times, Wall, Getty Images, Elon, BI, Trump Locations: GPT, undergrad, Mexico, New York, Ukraine, Massachusetts, Chicago, London

☆ An analyst sees a key catalyst for Wells Fargo early next year — and it's a big reason we own it
▼ + stars: | 2024-11-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

A crucial catalyst for shares of Club holding Wells Fargo may be around the corner, according to one Wall Street firm. Bank of America also raised its price target on Wells Fargo to $84 a share from $75, and reiterated its buy rating on the stock. Bottom line We've long called out the asset cap removal as a big catalyst for Wells Fargo — and it's been central to our overall investment thesis for the stock. That's because once these restrictions are lifted, Wells Fargo can finally grow its balance sheet past that nearly $2 trillion threshold again. Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.

Persons: Wells, Donald Trump, Morgan Stanley, Jim Cramer, Charlie Scharf's, Scharf, it's, Jim Cramer's, Jim, Michael M Organizations: Bank of America, Federal Reserve, Bank, Wells Fargo, Bloomberg News, CNBC, Broadway, Santiago, Getty Locations: Wells, Wells Fargo, Wells Fargo —, New York City

☆ Earnings playbook: Disney and this home improvement giant are slated to report as the season winds down
▼ + stars: | 2024-11-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Tuesday Home Depot is set to report earnings in the premarket. What history shows: Data from Bespoke Investment Group shows Home Depot has beaten earnings expectations for 17 straight quarters. What history shows: Live Nation shares have risen after the last four earnings releases, per Bespoke. What history shows: Disney has not done well following the last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open.

Persons: LSEG, Michael Lasser, Morgan Stanley, Walt Disney, Michael Morris Organizations: Depot, Disney, CNBC, UBS, Home, Investment Group, Consumer, VanEck Semiconductor

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