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At 34, he was the city’s youngest ever mayor, and he campaigned on a promise of self-determination for the predominantly Black city. It’s an ongoing factor in Mississippi politics,” said Leslie McLemore, a former Jackson State University political science professor who also once sat on the Jackson City Council. That was on top of years of boil-water notices that eroded residents’ trust in the city’s water supply. In April, a push by conservative legislators to strip local control of the city’s water system failed for the second time in the House. Rogelio V. Solis / AP fileByron D'Andra Orey, a political science professor at Jackson State University, said the bribery scandal could shape the municipal elections.

Persons: JACKSON, —, Chokwe Antar Lumumba, Jackson, Lumumba, Jody Owens, Aaron Banks, Angelique Lee . Lumumba, Owens, Banks, Lee, “ I’m, Virgi Lindsay, Lindsay, ”, Leslie McLemore, ” McLemore, ” Jackson, Lauren Witte, Ronnie Crudup Sr, “, that’s, Jacksonians, “ It’s, ” Kim Meeks, Rogelio V . Solis, Zakiya Summers, Summers, Tate Reeves, Reeves, Bill, “ H.B, Liam Kennedy, Chokwe Lumumba, Tupac Shakur, ” Jacksonians, Rukia Lumumba, Annie Cooper, Jan, Byron D'Andra Orey, CJ Rhodes, Mount Organizations: Miss, City, Republican, Democratic, Jackson State University, Jackson City Council, USA, New Horizon Church, City Council, DA, Rep, U.S . Justice Department, NAACP, Mississippi Army National Guard, Lumumba, Clarion, Ledger, ”, State Capitol, Mount Helm Baptist Locations: Black, Hinds, ”, Mississippi, Jackson, Mississippi’s, Jackson’s Fondren, Hinds County, “, Northwest Jackson, Mount Helm

☆ Inside the litigation election, where lawyers on both sides are duking it out in the courts like never before
▼ + stars: | 2024-11-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +9 min

"While Democrats continue to interfere in our election and dismantle election safeguards, we are protecting the vote for all Americans." The Trump campaign declined to comment for this story, referring BI to Zunk's statement. Harris' campaign referred BI to a previous interview with a campaign spokesperson discussing litigation strategy. AdvertisementDemocrats, they say, have already intervened in "dozens of baseless Republican lawsuits to debunk their lies and defeat them in court." Advertisement"The Republican litigation strategy doesn't seem to follow any particular rules, but really is an attempt to throw anything against the wall and see if anything sticks," he said.

Persons: Trump, —, Donald Trump, Kamala Harris, John Hardin Young, Sandler Reiff Lamb, Young, Harris, Claire Zunk, Dana Remus, Joe Biden's, Monica Guardiola, Marc Elias, Patrick T, Fallon, Sophia Lin Lakin, Lakin, graf, Jason Torchinsky, Holtzman Vogel, Torchinsky, Elias, It's Organizations: Republicans, Democrats, Service, Republican, Democratic, Trump, Republican National Committee, RNC, Trump Republicans, Business, White, Democratic National, District of Columbia, Stanford, MIT, American Bar Association, Getty, Appeals, American Civil Liberties Union, The ACLU Locations: Washington, Georgia, Pennsylvania, Michigan, North Carolina

☆ Fund manager picks a lesser-known global tech stock trading at a 'fraction' of the Mag 7
▼ + stars: | 2024-10-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Investors should look beyond the so-called "Magnificent Seven" and identify "country winners" in tech outside the U.S., according to one hedge fund manager. Beeneet Kothari, CEO and principal portfolio manager at the U.S.-headquartered hedge fund Tekne Capital Management, said there are global tech stocks that also make good investments right now. "Our view is that there is a Magnificent Seven set of companies in each of the major economies in the world [which] you can buy for a fraction of the value," he told CNBC Pro earlier this month. The Magnificent Seven stocks — Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla — have dominated investor interest in tech over recent years. Kaspi Among the stocks Kothari is betting on is the Kazakhstan-headquartered fintech Kaspi .

Persons: Beeneet Kothari, Kothari Organizations: Capital Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Kazakhstan Stock Exchange, American Locations: U.S, Kazakhstan, Silicon Valley

☆ 5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
▼ + stars: | 2024-10-14 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Investors need to be wary as sticky inflation remains a risk, Deutsche Bank says. But it's not yet time for investors to relax, Deutsche Bank wrote on Monday. "If inflation does return, this could have very important implications for markets," Deutsche Bank strategists said. While that much is true, history shows that easing cycles are precisely the time to be cautious over inflation, Deutsche said. The firm cited the fact that in August, US M2 money supply rose 2.0% year-over-year, the highest growth rate since September 2022.

Persons: —, Brent, Deutsche Organizations: Deutsche Bank, Service, Federal Reserve, Deutsche, Atlanta Locations: China, Israel, Iran, Iranian

☆ Inflation, earnings and AI are the three market drivers we're watching this week
▼ + stars: | 2024-10-06 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Friday's rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. Inflation data: The September consumer price index (CPI) report is out Thursday. The September producer price index (PPI) is out Friday. Jim said last week that investors who don't own AMD shares should buy some ahead of CEO Lisa Su's presentation. ET: Consumer price index 12 p.m.

Persons: we'll, Jim Cramer, Friday's, Matthew Graham, Israel, Joe Biden, Wells, Jim, we're, We're, Morgan Stanley, Lisa Su's, Su, Jim Cramer's, Michael M Organizations: Dow, Nasdaq, Federal, Mortgage News, Mortgage News Daily, CNBC, Devices, PPI, Bank, Nvidia, SOXX Semiconductor, PepsiCo, Delta Air Lines, DAL, JPMorgan, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Iran, Israel, Wells Fargo, BlackRock, New York City

☆ Raspberry Pi's strong first half sends share price up 7%
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Raspberry Pi, the British computer company that floated in June, reported on Tuesday stronger-than-expected adjusted earnings of $20.9 million for the first half, sending its shares up 7% in early trade. The group, which produces low-cost single-board computers and microcontrollers, said it sold marginally fewer devices than it expected, but sales were skewed towards higher margin products, boosting profitability. Its flagship Raspberry Pi5,which retails for 46.60 pounds ($62.24) for the 2GB model, sold 1.1 million units in the six months to the end of June, it said. It said it expected volumes to increase in the second half, supported by product launches, but the mix would result in margins returning to lower levels and it kept its expectations for the year unchanged.

Persons: Pi Locations: British

☆ JD Vance repeats inflated immigration figures rejected by experts
▼ + stars: | 2024-09-12 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Vance, the Ohio senator and running mate to former President Donald Trump, said on CNBC's "Squawk Box" that the Democratic presidential nominee "has flooded the country with 25 million illegal aliens." During an Aug. 28 speech in Wisconsin, Vance claimed Harris "let in 25 million illegal aliens." He specified in the same speech that those alleged 25 million people are currently "here in this country illegally." The Department of Homeland Security's Office of Homeland Security Statistics in April estimated that 11 million unauthorized immigrants were living in the U.S. as of Jan. 1, 2022. That total marked a decline from an estimated 11.6 million unauthorized immigrants in the U.S. in 2010, but an increase from 10.5 million in January 2020, according to the office.

Persons: Vance, Kamala Harris, Donald Trump, Harris, Trump, Michelle Mittelstadt, Sen, Marco Rubio Organizations: Democratic, U.S . Customs, Border Protection, CNBC, Department, Homeland Security's, of Homeland Security Statistics, Policy Institute, Poynter Institute, Pew Research Center, CBP Locations: United States, Ohio, U.S, Wisconsin, CBP's

☆ All AI has done this election is convince Taylor Swift to endorse Harris
▼ + stars: | 2024-09-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

In fact, AI's biggest impact this year may have been simply convincing Taylor Swift to endorse Democratic presidential nominee Kamala Harris. Advertisement"It really conjured up my fears around AI, and the dangers of spreading misinformation," Swift wrote in her post. Related storiesAnd Microsoft, in its most recent Threat Intelligence Report from August, also threw water on the idea that AI has made foreign influence campaigns more effective. And it's not just the US; recent elections around the world haven't been substantially impacted by AI. "Existing examples of AI misuse in elections are scarce, and often amplified through the mainstream media," the paper's authors wrote.

Persons: —, hasn't, Taylor Swift, Kamala Harris, Harris, Trump, Taylor, Donald Trump, Swift, Joe Biden robocall, We've, Sam Stockwell, Alan Turing Organizations: Service, Business, Democratic, Microsoft, Australian Strategic Policy Institute Locations: New Hampshire

Inside the sole unit without air conditioning at Mississippi’s largest prison, inmates hang wet sheets from their cell ceilings to dampen the air and lay drenched towels strategically across their bodies. It remained unclear how severe the temperatures inside Unit 29 have been this summer. “But if they need to have air conditioning, they ought to have air conditioning. Lawmakers in Texas and other states without universal air conditioning have balked at the cost of installing it. At Parchman, inmates said heat is but one factor that leaves them feeling forgotten.

Persons: “, Parchman, Jay, Yo Gotti, ”, Burl Cain, MDOC, Roc, Jordan Siev, Reed Smith, Marcy Croft, Department’s, Tate Reeves, Otis Anthony, Cain, ” Anthony, Brown, Nicole Montagno, ” Montagno Organizations: Mississippi, Penitentiary, U.S . Justice Department, Justice Department’s Civil Rights Division, Justice Department, of Corrections, Mississippi Department of Corrections, Justice, Mississippi Today, NBC News, Mississippi State, MJ, Republican Gov, Democratic, State Rep, Democrat, Initiative, Harvard, Lawmakers Locations: Parchman, Mississippi, New York, South, Texas, Boston, U.S

☆ When ICE Agents Use Deadly Force, the Shootings Go Unprosecuted.
▼ + stars: | 2024-08-01 | by ( Lila Hassan | ) www.businessinsider.com time to read: +46 min

AdvertisementYet when and how ICE agents use deadly force has long been shrouded in secrecy. ICE agents shot people in public places, such as traffic intersections and strip-mall parking lots. Yet in over half of the shootings we identified, ICE agents never made an arrest. But Ramos still became one of dozens of people on the receiving end of an ICE agent's deadly force. A significant number of the shootings documented in the logs happened while ICE agents were off-duty or in plain clothes.

Persons: Nemesia Martinez, wouldn't, Martinez, Gabino Ramos Hernandez, Ramos, Ramos wasn't, Soledad Ramos Hernandez, Ramos's, Soledad, Timothy Ivy, Donald Trump, We've, Ramos —, Chuck Wexler, haven't, Genia, Miguel Alvarez, Alvarez, Jake Driskell, Driskell, Phillip Causey, Causey, Laurel Police Department Ramos, gurney, Mario Bass, Bass, Prince William, Bryan Cox, Bradley Epley, Epley, Rueben Coray, Hector Santana, Santana, who'd, Othello Jones, Jones, Johnathan Liddell, Douglas, Ryan Leonard, Joe Biden, García Ramos, it's, they're, he'd, Leo Clemons, Doctors, Clemons, Ramos moans, wasn't, Bailey C, Martin, Prince William County, HSI, Chris Baroni, Ronaldo Gonzalez, Gonzalez, Baroni, Jerry Robinette, General, OPR, Gretta Goodwin, Robinette, doesn't, Goodwin, Tommy Cox, Donald Trump's, reining, Jennifer Chacón, Biden, Timothy Cerniglia, Cerniglia, Hernandez's, hasn't, Business Insider Ramos, He's, Loevy Organizations: Investigations, Business, Customs, Laurel, Facebook, ICE, Immigration, Homeland Security Investigations, New York City Police Department, Los Angeles Police Department, Department of Homeland Security, Police, Research, New, Immigrant Defense, DHS, Border Patrol, Laurel Police Department, Mississippi Bureau of Investigation, Nissan, Ramos, FBI, Justice Department, Denver, Phoenix, Border Protection, Maricopa County Attorney's Office, General's, Department of Justice, Force, Ohio State University Moritz College of Law, Mississippi Bureau of, MBI, Laurel Police, NBC, Sheriff's, ICE's Homeland Security Investigations, Scottsdale police, Howard Center, Investigative Journalism, Arizona State University, Attorney's, Federal Homeland Policy, Maricopa County DA, Firearms, ICE's, Homeland Security, Justice, DHS's Office, Army, Center, New American Security, Congress, Stanford Law School, Ohio State Law, Trump, White, GAO, Service, Biden's, Ohio State, Business Insider, Fund, Journalism Locations: Jackson, Laurel, Laurel , Mississippi, Woodbridge , Virginia, New York, Puebla, Mexico, Mississippi, United States, Arizona, Phoenix, Dumfries , Virginia, Nashville, Denver, arm's, Maricopa, Mesa , Arizona, Maricopa County, Lithia Springs , Georgia, Soledad, Metairie , Louisiana, Jefferson, Virginia, Scottsdale , Arizona, Scottsdale, Chula Vista , California, Washington , DC, Africa, New American, Oaxaca

☆ These 10 U.S. states are America's least-prepared for climate change and extreme weather
▼ + stars: | 2024-07-26 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

In 2021, Maryland adopted a ten-year Climate Adaptation Resilience Framework aimed at making the state's infrastructure more sustainable by 2030. 2024 Infrastructure Score: 230 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 100% Renewable Energy: 14% 9. 2024 Infrastructure Score: 235 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 54% Renewable Energy: 4% 5. 2024 Infrastructure Score: 246 out of 425 points (Top States Score: B+) Climate Extremes Index: 39.82% Properties at risk: 14% Renewable Energy: 5% 4. 2024 Infrastructure Score: 179 out of 425 points (Top States Grade: D+) Climate Extremes Index: 48.6% Properties at risk: 100% Renewable Energy: 6% 1.

Persons: There's, Jeremy Porter, Maria Lehman, Governor Moore, Sarah L, Voisin, Ming Li, Wes Moore, Baltimore's Francis Scott Key, Kevin Dietsch, Danielle Villasana, Joseph Prezioso, Pennsylvania Al Walker, Audrey, Jeff Swensen, Drew Koch, Zbigniew Bzdak, Aaron Wilson, Joe Biden, Lady Jill Biden, Peter Zay, Winter Storm Lorraine, Anibal Martel, Louisiana Farmer Chad Hanks, Justin Sullivan, John Bel Edwards, Jeff Landry, Lokman Organizations: NOAA National Centers for Environmental, First Street Foundation, U.S, Infrastructure, American Society of Civil Engineers, Companies, CNBC, First, Atmospheric Administration, U.S . Department of Energy, Maryland, Preparedness, Washington Post, University of Maryland Center, Environmental, Gov, Energy, Delaware Contractors, Army Corp of Engineers, Texas, Lone Star State, Climate Center, Georgetown University, The, New, New Hampshire Workers, AFP, Getty, Environmental Protection Agency, University of New, Pennsylvania, Grow, Keystone, Pennsylvania Department of Environmental, Chicago Tribune, The Buckeye State, Mississippi Residents, Anadolu, Connecticut Municipal, Winter, Constitution, Connecticut Department of Public Health, Louisiana, NOAA, Task Force, Republican Gov Locations: U.S, States, , Maryland, Silver, Maryland, Montgomery, Chesapeake, Bethany Beach , Delaware, Delaware, Houston , Texas, , Texas, The Texas, New Hampshire, Nashua , New Hampshire, University of New Hampshire, Grow Pittsburgh, Braddock , Pennsylvania, Pittsburgh, Midwest, Ohio, Sandusky, Lake Erie, Erie, Mississippi, Rolling, United States, Connecticut, Hartford Area , Connecticut, Kaplan , Louisiana, Louisiana, Jersey, Lodi , New Jersey

☆ This strategy can offer double-digit yields — at a cost
▼ + stars: | 2024-07-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

With tantalizing yields that can reach 10% or more, covered-call exchange-traded funds have become a popular investment. The result is income for investors, based on the option's premium, in return for capped upside if the option is exercised. The derivative income Morningstar category, dominated by covered-call ETFs, saw inflows of $24.3 billion over the past year, as of June. The largest actively-managed, covered-call ETF is the JPMorgan Equity Premium Income ETF , which has a 6.88% 30-day yield and an adjusted expense ratio of 0.35%. Investors should also be aware of the strategy being used by the fund managers, which will affect the upside potential and call premium.

Persons: Morningstar, Lan Anh Tran, Tran, JEPI, Rohan Reddy, Reddy, QYLD, XYLD, Rick Wedell, It's, Wedell, X's Reddy, erferring, Morningstar's Tran Organizations: Nasdaq, JPMorgan

☆ 10 states with America's worst infrastructure, and most to gain from billions in federal dollars
▼ + stars: | 2024-07-11 | by ( Scott Cohn | ) www.cnbc.com time to read: +16 min

To evaluate each state's infrastructure, our Top States study considers not just roads, bridges, ports and airports. The state broadband office notes that it is the nation's ninth-largest allocation per capita. The state's power grid is among America's least reliable, according to U.S. Department of Energy data. The severe weather means power outages are frequent as well. Since then, the power outages have persisted, making Maine's grid among the worst in the nation.

Persons: Pete Buttigieg, Seth Martindale, Rusty, Dan Koeck, Doug Burgum, Biden, Mark Miller, Suzanne Kreiter, Jim Justice, Senators Joe Manchin, Shelley Moore Capito, Mississippi Brenda Gavin, Elnora Ross, Michael Democker, Robert Gauthier, We're, Lauren Owens Lambert, Logan —, stoplights, Brianna Soukup, Lance King Organizations: Companies, Business, CNBC, Infrastructure Law, Arkansas Turrell, Arkansas Broadband Office, Law, Arkansas Economic Development Corporation, North Dakota, Washington Post, Peace Garden State, U.S . Department of Energy, Power Company, Dakota Utilities, Montana Bison, Getty, Industrial, Rte, Boston Globe, Census, U.S . Department of Transportation, West Virginia, Gov, U.S, Senators, West Virginia Coal Association, Justice, Manchin, Virginia Economic, First Street Foundation, Hawaii, Los Angeles Times, Afp, Boston Regional Airport, Spirit Airlines, Orlando, Logan, JetBlue, White Mountain Cable, Portland Press, Portland Press Herald, Central Maine Power, Power, Energy Department, Maine Locations: States, Arkansas, Arkansas Turrell Arkansas, Turrell Arkansas, Underwood, Peace, North Dakota, Minnesota, Dakota, Buffalo, Yellowstone, Montana, Massachusetts, Canton, Bay State, Boston, Kanawha, Poca, West Virginia, Winfield, Putnam County, Mountain State, Virginia, Mississippi, Louin , Mississippi, Gulf, BroadbandNow, Lahaina , Hawaii, Maui, Lahaina, Western Maui, Hampshire, Hampton , New Hampshire, Manchester, New Hampshire, New England, Maine, Epsom , New Hampshire, Brighton, Woodford Street, Portland, Alaska, Dalton, Coldfoot , Alaska

☆ How much a single person needs to earn to live alone in the 25 largest U.S. cities
▼ + stars: | 2024-06-22 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

You'll need to earn around $25 per hour to live on your own in the United States' 25 largest cities. But in nearly half of the 25 largest cities, the living wage is double that of the local minimum wage. Having employer-sponsored health insurance certainly helps: It shaves roughly $2 off the hourly living wage in the 25 largest U.S. cities, according to EPI's estimates. BostonHourly wage to cover basic costs: $34.02Hourly minimum wage: $153. DetroitHourly wage to cover basic costs: $19.70Hourly minimum wage: $10.33Want to be a successful, confident communicator?

Organizations: San, Boston, ., Seattle, Denver, Orlando, Inland, Miami, Phoenix, Tampa, Dallas, Houston, CNBC Locations: United States, That's, San Francisco, Boston, San Antonio, Detroit, . New York, Diego, Washington, Los Angeles, Atlanta, Portland , Oregon, Inland Empire, California, Chicago, Philadelphia, Baltimore, Minneapolis, St, Antonio

☆ The surprise election that could be a model for Democrats in 2024
▼ + stars: | 2024-06-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

I talked to Samuel Freedman, a Columbia Journalism School professor, about his recent book about Humphrey and the 1948 Democratic convention in Philadelphia. The book’s title, “Into the Bright Sunshine,” is taken from a line in Humphrey’s rousing speech on civil rights. In 1968, the Democratic Party was operating under old rules in which primary voters actually had relatively little direct effect on delegates. When Strom Thurmond and the Dixiecrats bolted from the Democratic Party in 1948, that’s the beginning of the vast majority of the White South becoming Republicans, stepping away from the Democratic Party. Show me a major Republican politician in the MAGA movement who is a fervent supporter of civil rights legislation.

Persons: Joe Biden, Hubert Humphrey, Republican Richard Nixon, Humphrey, uninspiring, Harry Truman, Thomas Dewey, Samuel Freedman, Freedman, Biden, Truman WOLF, Donald Trump, FREEDMAN, Truman, – Henry Wallace, Strom Thurmond, Jill Stein, Minneapolis Hubert H, Lyndon, George McGovern, FDR hadn’t, Brown, Ed, WOLF, there’s, Martin Luther King, It’s, Lyndon Johnson, Bobby Kennedy, Eugene McCarthy, I’m, Nixon, Spiro Agnew, Byron Donalds, Abraham Lincoln, Adlai, Stevenson, Barry Goldwater, Nixon’s, Ronald, Reagan’s, Willie Horton, Jim Crow, MAGA, Mitt Romney’s, George Romney, William Scranton, Edward Brooke, that’s Organizations: CNN —, House, Republican, Minneapolis, Columbia Journalism School, Democratic, Democratic Party, Civil Rights Movement, RFK Jr, Democratic National Convention, Civil, Chicago, CNN, Civil Rights, Southern Democrats, South Carolina Democrat, Republicans, South, JFK, Trump, Republican Party –, LBJ, Southern, Republican Party, Michigan Gov, Pennsylvania Gov, NAACP Locations: Israel, Chicago, Vietnam, New York, Philadelphia, America, ‘, Harlem, Minneapolis, Alabama, Southern, Montgomery, ’, Florida, Lincoln, Massachusetts

☆ Here are 9 stocks that can benefit from Fed interest rate cuts
▼ + stars: | 2024-06-13 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Housing We see Stanley Black & Decker as a major beneficiary of Fed rate cuts due to its link to the housing market. On the one hand, lower rates mean a bank like Wells Fargo makes less money on the money it lends. Biotech Danaher should also see some benefit as lower rates lead to improved funding dynamics for biotech companies. Like in housing, monthly payments become far more manageable at lower rates, and therefore affordability and demand, stand to increase. Salesforce , which has also highlighted more measured deal activity, might not benefit as much from lower rates.

Persons: Jerome Powell, Stanley Black, Decker, Stanley, That's, Wells, Morgan Stanley, SVB, Ford, We're, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Nasdaq, CNBC, Fed, Biotech, Silicon Valley Bank, Ford, Palo, Networks, Microsoft, Jim Cramer's Charitable, Bloomberg, Getty Locations: Wells, Wells Fargo, Silicon Valley, Colma , California

☆ The trendy prebiotic soda touted by A-listers is misleading consumers, according to a new lawsuit
▼ + stars: | 2024-06-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Poppi, a trendy soda touted by A-listers, contains prebiotics for gut health and low sugar content. A new class action lawsuit alleges the marketing for the viral drink is misleading consumers. The suit claims consumers would need to drink four sodas a day to experience health benefits. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you tried Poppi prebiotic sodas in hopes that the trendy drinks — touted by A-listers like Kylie Jenner and J-Lo in social media posts — would help your gut health, you may have been misled, according to a new class action lawsuit.

Persons: —, Kylie Jenner Organizations: Service, Business

☆ Samsung Electronics' union threatens first ever walkout next week
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: +4 min

A Samsung Electronics union in South Korea will begin escalating strike action next week by staging the first ever walkout over demands for higher wages, union officials said on Wednesday. The National Samsung Electronics Union (NSEU), which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7 as part of broader protest measures. Samsung Electronics said in a statement on Wednesday: "We will sincerely engage in discussions with the union." Responding to Wednesday's proposed strike, a coalition of five unions at Samsung affiliates including another Samsung Electronics union questioned the intention behind the strike plan, indicating they would not join the move. Shares of Samsung Electronics closed down 3.1% on Wednesday, compared with the benchmark KOSPI's 1.7% fall.

Persons: Son Woo, mok, NSEU, Wednesday's, Jay Y, Lee Organizations: Samsung, Samsung Electronics, National Samsung Electronics Union, South, Workers Locations: Seoul, South Korea, Hwaseong

☆ These stocks reporting next week often beat estimates and rally
▼ + stars: | 2024-05-02 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Some stocks set to report quarterly results next week could be poised for a noteworthy move going by their history. Specifically, we looked for stocks that have surpassed earnings per share forecasts, on average, at least 75% of the time. Then we further culled the list by looking for stocks that also posted at least a 2% move, on average, following that beat. Datadog has an unblemished record of surpassing analyst estimates for quarterly results, and has seen its stock move up nearly 4% following earnings. Other names on the list reporting results next week include Fabrinet and Trex .

Persons: RingCentral, Wells, Andrew Nowinksi Organizations: Apple, CNBC, Investment, FactSet, Dine Brands, Dine Locations: Wells Fargo

☆ Move over Coachella, there's a new festival wooing influencers in town
▼ + stars: | 2024-04-30 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +4 min

Lifestyle influencer Jacqlyn Burnett was more excited this year to attend the country music festival Stagecoach for the first time than to go to Coachella. Stagecoach, the annual country music festival held this past weekend in Southern California, is rivaling the Coachella Valley Music and Arts Festival as the new favorite among brands and social-media influencers. From the growing interest in country music to fashion, influencers and brands flocked to Stagecoach this year. Some influencers, including Paige Lorenze, Maggie and Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, and Alyssa Lynch, even skipped Coachella for Stagecoach. Béis, the luggage brand, invited influencers to Stagecoach instead of Coachella, offering themed activities and special access to the festival.

Persons: Jacqlyn Burnett, Beauty, Béis, influencers, Dominick Paielli, he's, Paielli, Paige Lorenze, Maggie, Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, Alyssa Lynch, Lynch, Liz Flora, Alix Earle, I've, Ali Grant, Stagecoach Mackenzie Gaston, Brynn Wade, Luke Scornavacco, Liz Money Organizations: Stagecoach, Valley Music, Arts Festival, Business, Clementine, Coachella, Tarte, Béis Brands, Stagecoach Mackenzie, 1AM Management Locations: Southern California, Coachella

Today "is a day we've long awaited," attorney Malik Shabazz said after six White former Mississippi officers were sentenced in state court for torturing and abusing his clients Eddie Parker and Michael Jenkins. The court has "given out justice," Shabazz said. In departing from the initial recommendations of "low" prison sentences for the squad, the judge "set a new standard here in Rankin County, that police brutality will not be tolerated in Rankin County," Shabazz said. Jenkins also reacted to the sentencing, telling reporters that it's been "a long time coming."

Persons: Malik Shabazz, Eddie Parker, Michael Jenkins, Shabazz, Jenkins, it's Locations: Mississippi, Rankin County

☆ Droughts killed more than 12 million trees in Mississippi and no one has the money to cut them down
▼ + stars: | 2024-03-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Droughts in 2023 killed more than 12 million pine trees in Mississippi last year. A report from the United States Department of Agriculture and the Mississippi Forestry Commission found that at least 12.5 million trees died in the state after droughts last year. Mississippi experienced heavy droughts last year starting in June that were so bad that NASA could see the Mississippi River shrinking from space in September. During the droughts, experts say that pine beetles swept across the state taking out entire patches of decades-old pine trees. "We are in a position where we are going to have to do something," Vozzo told The Clarion Ledger.

Persons: That's, Sen, Cindy Hyde, Smith, Pete Vozzo, Vozzo, McCain, Madison, De'Keither Stamps, Tate Reeves, Stamps Organizations: Service, United States Department of Agriculture, Mississippi Forestry Commission, Business, NASA, Republican, Smith, Property, Clarion, McCain Tree Service, Public Service, De'Keither, Gov Locations: Mississippi, Hyde, Madison, Jackson, Vicksburg

☆ Here are Friday's biggest analyst calls: Rivian, DraftKings, Nio, Fox, Carvana, Pfizer and more
▼ + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

Here are Friday's biggest calls on Wall Street: UBS double-downgrades Rivian The firm said to sell the electric vehicle maker's stock, joining a growing group of concerned analysts following the company's earnings report. Raymond James upgrades Carvana The investment bank moved Carvana to market perform from underperform following the fourth-quarter earnings results. Guggenheim initiates Pfizer The firm opened coverage of the biopharmaceutical stock with a buy rating and $36 price target. " Rosenblatt initiates Adeia The firm began coverage with a buy rating and $15 price target. Roth MKM initiates CPI Card Group Roth MKM started coverage of the financial technology stock with a buy rating and $40 price target.

Persons: Ross, ROST, Raymond James, EBITDA, 4Q23, Guggenheim, ATNI, Morgan Stanley, Brighthouse, Rosenblatt, Roth MKM, Fred Imbert Organizations: UBS, Barclays, CNBC, Citi, Fox, JV, Ross, Price, Pfizer, DRG, Equitable, JPMorgan, Traction, JPMorgan downgrades Locations: 1Q24, Xperi, 4Q22

☆ The racial wage gap starts as early as 16 for Black workers—and results in ‘a lifetime of consequences,’ says expert
▼ + stars: | 2024-02-15 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

The racial wage gap may be shrinking, but it's still got a ways to go. The median weekly earnings for full-time wage and salaried Black or African American 16-to-24-year-olds was $614. Though a smaller gap than the national one, that still works out to be about 82 cents to white workers' dollar. Children born in higher income and higher wealth families will have greater access to opportunities. Andre Perry Senior fellow at BrookingsThe resulting family wealth can hinder access to higher paying jobs as well.

Persons: it's, haven't, Andre Perry, Andre Perry Senior, Perry, Valerie Wilson Organizations: Nationwide, Department of Labor, Bureau of Labor Statistics, Brookings, Pew Research Center, BLS, Economic Policy Institute Locations: Brookings

☆ This India ETF is beating its main rivals — and the S&P 500 — in 2024
▼ + stars: | 2024-02-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The WisdomTree India Earnings ETF (EPI) has a total return of 6.6% through Feb. 8, according to FactSet, and is up 18.7% over the past three months. That makes it the best performing of the five biggest India ETFs, with the iShares MSCI India ETF (INDA) and the Franklin FTSE India ETF (FLIN) both up less than 4% year to date.The WisdomTree fund is also beating The S & P 500, which up less than 5% over the same period. The WisdomTree fund has been a long-term winner as well, with an average annualized return of roughly 12% over the past decade. And, notably, the second-best performing major India ETF this year is the iShares MSCI India Small-Cap ETF (SMIN) . That is above the 0.65% of the iShares INDA ETF and the 0.19% of Franklin Templeton's FLIN.

Persons: date.The, Jeremy Schwartz, it's, It's, Schwartz, Franklin Templeton's FLIN Organizations: Franklin FTSE, CNBC, India ETF Locations: India, Franklin FTSE India

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