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☆ Adani vs. Hindenburg: How one of India's biggest empires descended into chaos
▼ + stars: | 2024-11-21 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Gautam Adani, the billionaire chairman of India's Adani Group, was indicted on Wednesday along with seven others in New York federal court for his involvement in a large-scale bribery and fraud scheme. March 2023 to May 2023In March, India's Supreme Court sets up an independent six-member panel to investigate the allegations made in the Hindenburg report. Then in May, the court-appointed panel said it has "drawn a blank" in its probe into Adani group, according to Reuters. December 2023 to January 2024By the end of 2023, Adani Enterprise shares had recovered from the fallout and concluded the year with smaller declines of 26%. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.

Persons: Gautam Adani, Hindenburg, Adani, Madhabi Puri, Narendra Modi, Modi, Rahul Gandhi Organizations: Hindenburg Research, India's, Adani, Hindenburg, Adani Enterprises, Reuters, Adani Enterprise, Bloomberg, Indian, Forbes Locations: Krakow, Poland, New York, Asia, Madhabi Puri Buch, Sri Lanka, India, Australia

CNN —Ukraine launched the British-French-made Storm Shadow missiles at targets inside Russia for the first time on Wednesday, according to a Russian military blog and Reuters, a day after Ukraine fired US-made ATACMS missiles into Russia. When Umerov was asked if Ukraine used the Storm Shadow missiles to hit a target inside Russia, he replied, “we are using all the means to defend our country, so we’ll not go into detail. A weapons expert who reviewed the video for CNN said there are no indications the explosions are from a different type of munition, but it’s not possible to definitively say they are from Storm Shadow missiles. The UK and France have previously supplied the long-range Storm Shadow missiles for Ukraine to use inside its own borders. Ukraine used eight long-range US missiles to successfully hit an ammunition depot deep inside Russia, according to two US defense officials.

Persons: Rustem Umerov, Umerov, “, we’ll, Trevor Ball, Paul Adams, Shadow, Biden, Volodymyr Zelensky, ” Organizations: CNN —, Reuters, Ukraine’s, UK Ministry of Defense, CNN, Storm, US Army, Storm Shadow, French Ministry of Defense, “, Ukrainian, Ukraine, Sunday, Russian Ministry of Defense Locations: CNN — Ukraine, British, Russia, Russian, Ukraine, Kursk, Marino, Ukrainian, France, “ Ukraine, Bryansk

☆ Alphabet's VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion
▼ + stars: | 2024-11-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Fabien Pinckaers, CEO of Belgian-based enterprise software startup Odoo. OdooOdoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by Alphabet 's venture fund and Sequoia Capital. "The reason everybody [has] failed [in this market] is that it's quite complex," Pinckaers told CNBC. The last time Odoo secured primary funding was in 2014, when it raised $10 million in a Series B round. Prior to the latest secondary round, Odoo was most recently valued by investors at 3.2 billion euros.

Persons: Fabien Pinckaers, Odoo, Pinckaers, Andrew Reed, Reed, He's, Billings, aren't, Alex Nichols, CapitalG, he's, bootstrapping, Odoo hasn't, Wallonie Organizations: Belgian, SAP, Sequoia Capital, CNBC, Enterprise, Sequoia, Summit Partners Locations: Belgium, India, billings, Sequoia

☆ A bumper crop of art is hitting the New York auction market. Will Trump help?
▼ + stars: | 2024-11-19 | by ( Auzinea Bacon | John Towfighi | ) edition.cnn.com time to read: +6 min

Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.

Persons: Maurizio Cattelan’s, ”, Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, —, Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, ’, ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami

☆ J.K. Dobbins’ late touchdown propels Chargers past Bengals on ‘Sunday Night Football:’ Key takeaways
▼ + stars: | 2024-11-18 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +4 min

The Chargers surely needed some luck, including the Bengals’ two missed field goals in the fourth quarter. Burrow also missed an open Chase on a deep ball down the right sideline that could have been a go-ahead touchdown. — Daniel Popper, Chargers beat writerSunday’s win shows Chargers’ improvementsThere will be plenty to clean up moving forward. AdvertisementThe Bengals extended McPherson, who earned the name Money Mac, before the season but he has been leaky this year. The Bengals only allowed three points and forced a turnover to let Burrow bring the team nearly all the way back.

Persons: Daniel Popper, Paul Dehner Jr, Zach Powell, J.K . Dobbins, Justin Herbert, mightily, Evan McPherson, Burrow, Ja’Marr Chase, Tee Higgins, Jim Harbaugh, — Daniel Popper, Sunday’s, Dobbins, Herbert, — Popper, Cincy, Terry, McPherson, Mac, He’s, Taylor didn’t, — Paul Dehner, Cam Taylor, Britt, Zac Taylor, Lou Anarumo, Ronald Martinez Organizations: J.K, Los Angeles Chargers, Cincinnati Bengals, SoFi, Sunday, Dobbins, Bengals, Cincinnati, Chargers, Baltimore, Washington Locations: Los Angeles, Kansas City, Baltimore, Cincinnati

☆ There's trouble brewing in the chip sector outside of Nvidia, according to the charts
▼ + stars: | 2024-11-18 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: LRCX, Katie Stockton Organizations: Nvidia, ASML Holdings, Lam Research, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: U.S

☆ Bills hand Chiefs first loss of season as Josh Allen rushes for late TD: Key takeaways
▼ + stars: | 2024-11-17 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +5 min

The Chiefs fell to the Buffalo Bills, 30-21, as Josh Allen got the best of Patrick Mahomes in Buffalo on Sunday. The quarterback totaled over 300 yards in the game, including a team-high 55 rushing yards and a passing touchdown. Steve Spagnuolo’s Chiefs defense entered Week 11 ranked fourth in DVOA, a gargantuan factor in Kansas City being so lucky to remain undefeated until Sunday. It took a heroic effort for Allen to snap the 30-game streak for the Chiefs’ defense, which has been the better unit on the roster in the past two seasons. AdvertisementFor the Chiefs’ defense, the biggest takeaway here is that the secondary looks to be shaky in certain spots against quality competition.

Persons: Joe Buscaglia, Nate Taylor, Tim Graham, RJ Kraft, Josh Allen, Patrick Mahomes, Mahomes, Allen, James Cook, Bo Nix, — Nate Taylor, Buffalo, Steve Spagnuolo’s, — Tim Graham, Nazeeh Johnson, Amari Cooper, Curtis Samuel, Chamarri Conner, — Taylor, — Taylor Bills ’, Terrel Bernard, Travis Kelce, — Joe Buscaglia, Timothy T Ludwig Organizations: Miami Dolphins, Kansas City Chiefs, Chiefs, Buffalo Bills, Kansas City, AFC, Bills, Pittsburgh Steelers, Los Angeles Chargers, Houston Texans, Steelers, Steve Spagnuolo’s Chiefs, Buffalo, Kansas, — Taylor Bills, Getty Locations: Buffalo, Mahomes . Buffalo, DVOA, Kansas City

☆ Memecoin gains will fade as crypto rally presses on. Look to these names instead, says Bank of America
▼ + stars: | 2024-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Memecoins have seen some of the biggest gains in the postelection crypto rally, but market leadership could soon flip to more "serious" tokens. "We don't expect the rally to resemble the '17 or '21 bull markets and would fade the rally for 99% of tokens in circulation with no intrinsic value," Shah said in a note this week. "We expect token prices to diverge in the near term as BTC and cash flow-generating tokens that power networks outperform meme tokens." "These tokens power blockchain operating systems, similar to Microsoft Windows, that enable developers to build applications like decentralized exchanges and Web3 platforms on top of them, creating networks with value." Avalanche's AVAX token has gained 36%, and the tokens tied to Uniswap and Polygon have gained 23% and 25%, respectively.

Persons: Memecoins, Donald Trump, Alkesh Shah, Shah, Avalanche's, Memecoin Shiba Inu, Elon Musk, Trump, ", bitcoin, –, Ethereum, It's, it's, — CNBC's Michael Bloom Organizations: Bank of America, BTC, Microsoft Windows, Uniswap, Elon, Government, Securities and Exchange Commission, SEC, Solana Locations: AVAX, Ethereum

☆ CNBC's Inside India newsletter: India's growing wealth divide
▼ + stars: | 2024-11-15 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +9 min

The rise in India's income and wealth inequality is not a result of the poor getting poorer, Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit (EIU) flags. India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. Instead, the phenomenon comes as the "rich are getting much richer at a faster rate," she told CNBC's Inside India. India's 3 household groupsA more pressing issue brought on by India's wealth and income divide is the emergence of different categories of households with distinct standards of living. Unequal education opportunitiesThe EIU's Dasgupta attributes India's vicious wealth and income gap cycle in large part to mismatched education opportunities.

Persons: Knight Frank, Dasgupta, CNBC's, Shumita Deveshwar, Deveshwar Organizations: Economist Intelligence Unit, Blume Ventures, Oxfam, Private, Department of School Education, Global Commons Alliance, TS Lombard Locations: India, United States, Brazil, South Africa, Venture, Saharan Africa, Indian

Former Vice President Mike Pence was, for most of their four years together, a loyal partner who helped smooth Trump’s dealings with establishment Republicans and evangelical conservatives. “It compresses things,” said Joel Goldstein, a vice presidential scholar and professor emeritus at Saint Louis University. At one point, polling showed him to be one of the least-liked vice presidential candidates over the last 30 years. And during his own presidency, Biden tasked Vice President Kamala Harris with the tough-to-define and tough-to-evaluate assignment of tackling the root causes of migration from Mexico and Central America. He also was the last sitting vice president to win the presidency.

Persons: JD Vance, — “, Vance, ”, Donald Trump, Trump, “, Jordan Wiggins, “ He’s, Al Gore, Bill Clinton’s, Joe Biden, Barack Obama, Obama, Grover, Mike Pence, Pence, Trump —, Joel Goldstein, Tim Walz, JD, ” Wiggins, ” Vance, isn’t, “ JD, ” Vance hasn’t, Gore, George W, Bush, Dick Cheney, Biden, Kamala Harris, Harris, I’d, George H.W, George H.W . Bush, Ronald Reagan, Reagan Organizations: Republican Party, Trump, Jan, U.S . Capitol, Saint Louis University, Senate, Democratic, Minnesota Gov, NBC, Press, GOP, The New York Times, Central America, NBC News, Republican National Convention Locations: Ohio, Cincinnati, Grover Cleveland, Iowa, New Hampshire, Minnesota, Clinton, Mexico, Central, George H.W .

☆ AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
▼ + stars: | 2024-11-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

CoreWeave, a startup that rents out Nvidia's artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions. Bloomberg reported last month that CoreWeave was targeting a $23 billion valuation for the deal, up from $19 billion in a $1.1 billion investment round announced in May. CoreWeave is going head-to-head with large cloud infrastructure providers, such as Amazon and Google in providing Nvidia's graphics processing units, or GPUs, to companies for AI workloads. The following month Nvidia said its H200 GPUs had become available through CoreWeave, meaning the startup was the first cloud provider to reach general availability with the graphics cards. In addition to Cisco and Pure, investment firms including BlackRock , Coatue and Fidelity participated in CoreWeave's secondary sale.

Persons: CoreWeave, OpenAI's ChatGPT, Mike Intrator, CNBC's Organizations: Cisco, Bloomberg, Google, Nvidia, Microsoft, Investors, Core, Fidelity Locations: BlackRock, Coatue

☆ In this birthday party portrait, teenage girls celebrate in secret in Afghanistan
▼ + stars: | 2024-11-13 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +6 min

CNN —The photograph could have been taken at any birthday party: three girls in dresses standing side-by-side in a living room, balloons and streamers strung up around an entryway. Hayeri and Cornet have met with some of the same girls at different events over the course of their work together, including this earlier birthday party in February. Over the course of the six months, Hayeri and Cornet repeatedly photographed the teenage girls in the birthday party portrait, as well as their extended circle of friends. “In this particular case, it was a 16-year-old’s birthday party for one of the girls,” Cornet said. “Resistance for Afghan women cannot mean to go on the street and protest, to be outspoken,” Hayeri said.

Persons: Kiana Hayeri, Mélissa Cornet, ”, Hayeri, Cornet, ” Hayeri, ” Cornet, “, Fondation Carmignac Cornet, Sirajuddin Haqqani, Sheikh Haibatullah Akhundzada, “ She’s, They’ve, Melissa Organizations: CNN, Fondation, The New York Times Locations: Kabul, Afghanistan, Canadian, Paris, ”, —

Whereas cases of the STI in newborns increased by 30% annually in recent years — greatly alarming public health experts — the upward trend has decelerated. San Francisco’s Public Health Department was the first to recommend doxyPEP for gay and bisexual men and trans women, in October 2022. That helped trigger a long decline in condom use among gay and bisexual men in particular. The protocol, called doxyPrEP, demonstrated generally comparable efficacy at preventing STIs compared with doxyPEP studies among gay men. Public health experts have attributed this century’s surge in STIs, at least in part, to a steady defunding of state and local public-health clinics.

Persons: STIs, gonorrhea, Chlamydia, ”, Laura Bachmann, Julie Dombrowski, Pfizer’s, doxyPEP, MISTR, Jeffrey Klausner, Trump, ” Klausner, “ Organizations: Centers for Disease Control, Blacks, NBC News, MediaNews, Getty, University of Washington, Public Health Department, CDC, PrEP, Food and Drug Administration, HIV, University of Southern Locations: Seattle, gonorrhea, Chicago, New York, Africa, Puerto Rico, ”, Munich, Canada, Japan, University of Southern California

☆ Morgan Stanley partners with Carta to serve startup employees after lucrative IPOs
▼ + stars: | 2024-11-12 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Morgan Stanley has partnered with cap-table firm Carta to reach founders before they get rich. With this new partnership, Carta will refer clients looking to go public to Morgan Stanley at Work, a division that caters to businesses and their employees. How it worksThe referral deal fills gaps for Morgan Stanley and Carta. Morgan StanleyCarta clients can access Morgan Stanley services before moving to Shareworks. Ideally, these conversations lead to employees becoming wealth management clients, Finn said.

Persons: Morgan Stanley, Jed Finn, —, Doug Martin, General Mills, Morgan, Finn, Carta, Morgan Stanley's, Morgan Stanley Carta, Carta Finn, Henry Ward, Wilson Sonsini, Ward Organizations: Service, Carta, Business, Trump Locations: Silicon, Carta, Silicon Valley

☆ Trump's win is already scrambling supply chains
▼ + stars: | 2024-11-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Donald Trump's election victory last week is already having an effect on global supply chains. While many firms are waiting to see what Trump's trade policies will be, some are moving ahead. From medical supplies to consumer products, several companies are getting an early start to changing their supply chains. Several companies, however, aren't waiting to make changes to their supply chains. Fortune Brands, which owns a portfolio of home products brands like Moen plumbing fixtures and Yale locks, has been rethinking its supply chain since Trump's tariffs in 2017.

Persons: Donald Trump's, —, Donald Trump, they've, Trump, TD Cowen, Oliver Chen, Matt Meeker, Michael Alkire, We've, Nick Fink, Clarus, Neil Fiske, Robert Scaringe, Schneider, Jim Filter Organizations: Service, Republican, Inc, Fortune Brands, Moen, Yale, Diamond Locations: China, Americas, Southeast Asia, Vietnam

☆ US has not assessed Israel is violating law on Gaza aid, will not change policy despite humanitarian groups’ findings
▼ + stars: | 2024-11-12 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +7 min

The US statement comes in sharp contrast to the findings of humanitarian aid organizations, who say that “the humanitarian situation in Gaza has deteriorated to its worst point since the war began in October 2023.” The situation in northern Gaza in particular has been described as “apocalyptic,” with areas at “imminent” risk of famine. Section 620I of the US Foreign Assistance Act requires the US to halt security assistance to governments who restrict US humanitarian aid. “We, at this time, have not made an assessment that the Israelis are in violation of US law,” State Department deputy spokesperson Vedant Patel said Tuesday. “Israeli forces repeatedly attacked humanitarian sites and frontline responders during the 30-day period,” the scorecard said. “There is no provision in US or international law that allows extra time to starve people,” said former top State Department official Stacy Gilbert.

Persons: Washington CNN —, Biden, Netanyahu, Antony Blinken, Defense Lloyd Austin, “, ” Blinken, Vedant Patel, Patel, “ We’ve, ”, they’ve, Kate Phillips, you’re, ” Phillips, Barrasso, Stacy Gilbert, CNN’s Michael Conte, Mick Krever, MJ Lee, Kylie Atwood, Abeer Salman, Kareem Khadder, Irene Nasser Organizations: Washington CNN, Israel, State Department, Defense, Biden, US Foreign, ” State Department, CNN, Anera, CARE International, Mercy Corps, Norwegian Refugee Council, Oxfam, Refugees International, UNRWA, UN, The State Locations: Gaza, ”, U.S, Austin, Gaza’s Beit, Israel, America, United States

☆ This open enrollment mistake can cost you and your family thousands, according to a doctor and CFP
▼ + stars: | 2024-11-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Take workplace life insurance policies, which you can often opt into during open enrollment by simply checking a box. "The biggest mistake I see during open enrollment is people not listing beneficiaries or listing minors as beneficiaries on their workplace life insurance," she says. Be smart about beneficiariesIt's easy to gloss over the life insurance portion of the open enrollment. In the event of your death, the payout on your policy — often the equivalent of about a year's salary — will go to whomever you choose during open enrollment. Her advice to parents of small children: Name your spouse as a primary beneficiary and secondarily leave the money to a trust you have set up for your children.

Persons: Carolyn McClanahan Organizations: Planning

☆ Israel fails to meet US criteria to improve humanitarian situation in Gaza, aid groups say
▼ + stars: | 2024-11-11 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +5 min

Washington CNN —The Israeli government has failed to meet criteria set out by the US to improve the humanitarian situation in Gaza, a group of eight humanitarian aid organizations said in a joint “scorecard” released Tuesday. “Israel not only failed to meet the U.S. criteria that would indicate support to the humanitarian response, but concurrently took actions that dramatically worsened the situation on the ground, particularly in northern Gaza,” the organizations said. Section 620i of the US Foreign Assistance Act requires the US to halt security assistance to governments who restrict US humanitarian aid. “Israeli forces repeatedly attacked humanitarian sites and frontline responders during the 30-day period,” the scorecard said. The humanitarian scorecard noted that “the effectiveness of international diplomatic efforts to alleviate the humanitarian crisis in Gaza hinges on the willingness of the United States and other countries to push Israel to comply with these priorities.”

Persons: ”, “ Israel, Antony Blinken, Defense Lloyd Austin, Israel, Matthew Miller, “, Kate Phillips, you’re, ” Phillips, Barrasso, Miller Organizations: Washington CNN, Defense, UN, Biden, US Foreign, State Department, Anera, CARE International, Mercy Corps, Norwegian Refugee Council, Oxfam, Refugees International, CNN, UNRWA, The State Locations: Gaza, U.S, ”, Gaza City, North Gaza, United States, Israel

☆ Research reveals China has built prototype nuclear reactor to power aircraft carrier
▼ + stars: | 2024-11-11 | by ( Story The Associated Press | ) edition.cnn.com time to read: +12 min

The project at Leshan is dubbed the Longwei, or Dragon Might, Project and is also referred to as the Nuclear Power Development Project in documents. This satellite image from Planet Labs PBC shows the Nuclear Power Institute of China's Site No. The site is under the control of the Nuclear Power Institute of China, a subsidiary of the China National Nuclear Corporation, which is tasked with reactor engineering research and testing. The research does not, however, provide clues as to when a Chinese nuclear-powered carrier could be built and become operational, she said. Matthew Funaiole, senior fellow at the Center for Strategic and International Studies’ China Power Project, said he doubts China’s next carrier will be nuclear-powered.

Persons: ”, Tong Zhao, Jeffrey Lewis, Jamie Withorne, Sarah Laderman, ” “, Laderman, Li Gang, Yuan Huazhi, China’s, “, Matthew Funaiole, Nick Childs, ” Childs, Childs, Zhao, ” Zhao, Xi Jinping Organizations: Thailand AP, Associated Press, “, Carnegie Endowment, International Peace, Washington , D.C, Middlebury Institute of International Studies, Nuclear, Development, China’s Defense Ministry, Foreign, Ministry, Planet Labs PBC, Nuclear Power Institute, Middlebury, Nuclear Power Institute of China, China National Nuclear Corporation, China Ship Research, Design Center, Development Project, AP, Oslo Nuclear, Open Nuclear Network, PAX, Shandong, Xinhua, US Navy, China’s People’s Liberation Army Navy, Center for Strategic, Studies, Power, Liberation Army Navy’s, International Institute for Strategic Studies, US, International, Pacific, People’s Liberation Army Navy, Defense Department Locations: Bangkok, Thailand, China, Beijing, United States, France, Washington ,, California, Leshan, Sichuan, Mucheng Township, Sichuan Province, Mucheng, Sichuan’s, Chengdu, Soviet Union, Oslo, Vienna, Sanya, Hainan Province, Soviet, Liaoning, Shandong, Fujian, Taiwan, Pacific, South China, China’s

After winning in Washington, the first game of a daunting second-half schedule, do the Pittsburgh Steelers belong in the Super Bowl conversation? Setting aside how they compare to the rest of the NFL in 2024, how do you feel this year’s edition compares to the Chiefs teams of the past two seasons? Good teams, remember, almost always get fortuitous bounces and kind calls. This Chiefs team is more balanced and more well-rounded. And so, although the delivery may differ, this Chiefs team is just as equipped to make a Super Bowl run as any of the previous iterations.

Persons: Daniels, Baker Mayfield, BAKER, J. W Organizations: Chiefs, Steelers, Falcons, Bucs, 49ers Locations: New Orleans

☆ Hackers are stealing tickets from Ticketmaster customers' accounts. For many, the troubled platform is their only option.
▼ + stars: | 2024-11-09 | by ( Dan Latu | Palmer Haasch | ) www.businessinsider.com time to read: +9 min

It was a reminder for an Usher concert in Dallas on October 5, synced with her Ticketmaster account. Live Nation, worth about $28 billion as of November 8, has a tight grip on the live-entertainment industry. The Live Nation executive recommended Ticketmaster account holders have a unique password not used for any other platforms. AdvertisementShe figured she would have to rebuy tickets, she added, so was surprised and pleased when Ticketmaster reinstated the tickets. People protesting outside the US Capitol the morning of a Senate Judiciary Committee hearing about the merger of Ticketmaster and Live Nation in 2023.

Persons: concertgoers, —, Jasmine McKenzie, McKenzie, who's, Taylor Swift, Mika City, Don Toliver's, Floyd George, Floyd George ", City, Usher, didn't, hadn't, it's, Swift, Drew Angerer Organizations: Ticketmaster, BI, Service, Justice Department, DOJ, Live, Business, CBS News, Better Business Bureau, BBB, Capitol, Oasis, City Locations: Vashti, Dallas, Los Angeles, Nashville, Charlotte, North Carolina, Grand Prairie , Texas, Houston, North America, United Kingdom

☆ AvePoint on AI in banking and education
▼ + stars: | 2024-11-08 | 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 EmailAvePoint on AI in banking and educationAvePoint CEO Tianyi Jiang talks about his company's artificial intelligence offerings, why Singapore has been a big base for development and deployment – and how that figures into a possible secondary listing.

Persons: Tianyi Jiang Locations: Singapore

☆ What Trump’s historic election victory means for the global economy
▼ + stars: | 2024-11-07 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Nurphoto | Nurphoto | Getty ImagesDonald Trump's election victory over Vice President Kamala Harris marks a historic return to the White House — an extraordinary political comeback that is likely to have seismic ramifications for the global economy. The former president's litany of campaign pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements. Trump's favorite wordTrump has previously described "tariff" as his favorite word, calling it "the most beautiful word in the dictionary." And we don't see Trump's secondary tariff pledge — that baseline tariff, which would hurt European companies — as being all that feasible," Galbraith said. Analysts have warned that Trump's plan to impose universal tariffs are highly likely to raise prices for consumers and slow spending.

Persons: Donald Trump's, Kamala Harris, Trump, Lizzy Galbraith, Abrdn, Galbraith, CNBC's, Donald Trump, Ben May, Mitchell Reiss Organizations: Nurphoto, Getty, European Union, Bloomberg, Trump, Oxford Economics, Signum Global Advisors, Macquarie Group, Royal United Services Institute Locations: Binzhou, China, Florida, U.S, Mexico, Greensboro , North Carolina, Ukraine, Europe, Asia, Qingdao Port, Shandong province, Qingdao, American

☆ Inside the NBA arena that’s trying to change how fans cheer
▼ + stars: | 2024-11-06 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +8 min

Intuit Dome wants to rewire fans’ habits and change the way they’re used to rooting for the home team. “It feels kind of like an NBA Disneyland, versus [Crypto.com Arena, the Clippers’ former home, shared with the Los Angeles Lakers] where it’s a multiteam, multisport arena,” said Oscar Burrows-Rangel, a longtime Clippers fan. Just as unique, however, are the design choices that earn less attention but also affect the customer experience, said longtime Clippers fans who attended the Oct. 23 regular-season opener, against Phoenix. He has said the number of toilets and urinals is three times the number in the average NBA arena. One of the most significant elements about watching a Clippers game that Ballmer aims to change involves what is heard, and what isn’t, in other parts of the building.

Persons: Steve Ballmer, Ballmer, Gary Coronado, ”, Oscar Burrows, Rangel, Ryan Sun, James Harden, Ivica Zubac, ” Burrows, Erica Okeith, ” Okeith, Kirby Lee, Kevin Durant, Okeith, Jason Holzgang, Holzgang, ‘, checkouts, Daniel Albitres, Albitres, “, ” Albitres Organizations: Intuit Dome, Los Angeles Clippers, Microsoft, Clippers, Los Angeles Times, Getty, NBA, Intuit, Los Angeles Lakers, longtime Clippers, Phoenix Suns, Farm, Phoenix, AP, Xbox, Los Angeles Sports Arena, AP Suns, Crypto.com, Suns Locations: INGLEWOOD, Calif, —, Arizona, Atlanta, The, Golden State , New York, Boston

☆ Brits brace for higher mortgage payments despite Bank of England seen cutting rates
▼ + stars: | 2024-11-06 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Oversnap | E+ | Getty ImagesLONDON — Britons are facing the prospect of higher mortgage rates for longer after the government's tax-and-spend budget threw off expectations for a series of near-term interest rate cuts. Mortgage rates also took a hit from the uncertainty, with a number of smaller and mainstream lenders raising mortgage rates on the expectation that interest rates may stay higher for longer. watch nowVirgin Money became the first major lender to raise mortgage rates after the budget, lifting them by 0.15%. "This isn't the radical spike in rates that have blighted mortgage rates in the last couple of years. He added that interest rates could now remain 50-basis-points higher than previously expected at the end of the cutting cycle.

Persons: Rachel Reeves, Reeves, —, David Hollingworth, Hollingworth, Allan Monks, BOE Organizations: Bank of England, Wednesday, Virgin Money, Santander, Morgan's Locations: London's, Oversnap

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