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☆ Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
▼ + stars: | 2024-11-18 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

SINGAPORE — Chinese tech giant Tencent is increasingly leveraging its WeChat super-app ecosystem to set itself apart from dominant global cloud service players, Tencent Cloud CEO Dowson Tong said. Super app platforms are often developed using cloud infrastructure to provide scalability, reliability, and efficient resource management. For example, Cambodia's Canadia Bank partnered with Tencent Cloud to launch a new mobile banking app in 2023. For instance, Amazon specializes in e-commerce, cloud services, and streaming, but does not have a single app integrating these services. Similarly, Microsoft offers enterprise solutions such as Office 365 and gaming, but lacks a comprehensive consumer-facing super app.

Persons: Dowson Tong, Tong Organizations: Tencent, CNBC, Singapore Fintech, Microsoft, Web Services, Google, Synergy Research, Cambodia's Canadia Bank, Amazon Locations: WeChat, China, SINGAPORE, Singapore

☆ Behind The Onion's bid for Alex Jones's Infowars — which is now on hold as a judge reviews it
▼ + stars: | 2024-11-16 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

AdvertisementThe Onion's bid for Infowars came together with help from Sandy Hook families. On the surface, The Onion's announcement that it had purchased Alex Jones's Infowars at auction on Thursday may have sounded like a bizarre joke. But behind the scenes, the bid came together through strategic coordination — with the support of Sandy Hook families and a nonprofit that is backed by Michael Bloomberg. "The sale is currently underway, pending standard processes," Collins told Variety Friday in a statement. Advertisement"They've long loved The Onion," Collins told Yahoo, nodding to a headline the outlet publishes verbatim every time there's a mass shooting.

Persons: Infowars, Sandy Hook, Ben Collins, Alex Jones's Infowars, Michael Bloomberg, Collins, Alex Jones, Jones — who'd, Christopher Lopez, weren't, Lopez, Variety, John Feinblatt, who've, Bloomberg Philanthropies, Elon Musk's X, Jones Organizations: Yahoo, NBC, First United, Companies, Southern, of Texas's, Bloomberg News, Safety, ABC News, Bloomberg, Business, Variety, Free Speech Systems Locations: Texas

☆ London startup Agemo has exited stealth. Now, it's building AI reasoning for software to take on Poolside and Magic.
▼ + stars: | 2024-11-12 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Agemo has exited stealth with $4 million to build AI that turns text prompts into software. Essentially, this required them to train their AI models to reason like a team of engineers. Agemo finds itself up against the likes of Poolside, which raised $500 million in October, and Magic, which raised $320 million in August. To combat this problem, Agemo is building AI systems that can "reason" in software. AdvertisementEurope's answer to Poolside and MagicTo differentiate it from competitors such as Poolside and Magic, the startup says it has developed a neurosymbolic AI system for software reasoning.

Persons: Agemo, Aymeric Zhuo, Osman Ramadan, —, IBM's Jonathan Adashek, Mehdi Ghissassi, Olivier Pomel, Zhuo, Ramadan, ChatGPT, we've, We've Organizations: Service, Firstminute Capital, Mistral, Fly Ventures, Cambridge University, Microsoft, Activision, BI Locations: DeepMind, OpenAI, Sudan, London, Europe, Bay

☆ Behind the Warner Bros. Discovery-Paramount deal that never was
▼ + stars: | 2024-11-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Zaslav wanted a deal to happen. The problem, per Paramount: Zaslav didn't want to write a big check to Paramount owner Shari Redstone. What wasn't well-known: Zaslav spent months hanging around the basket, hoping that he could somehow land a Paramount deal. AdvertisementA week later, Paramount says, Zaslav talked to Bakish and told him he'd still love to make a deal. AdvertisementSo here we are today, nearly a year after WBD and Paramount first discussed a deal.

Persons: David Ellison, Larry Ellison's, David Zaslav, Zaslav, Shari Redstone, —, Ellison, Larry, I've, WBD, Per, Bob Bakish, Bakish, he'd, Shari Redstone's, Paramount's Organizations: Paramount, Warner Bros ., SEC, Service, ers, Warner Bros Locations: writedowns, Zaslav

☆ NFL Week 8 takeaways: Are the Lions Super Bowl favorites? Can the Rams make a late season surge? Are the Eagles back?
▼ + stars: | 2024-10-30 | by ( Ben Morse | ) edition.cnn.com time to read: +27 min

Jed Jacobsohn/AP Indianapolis Colts wide receiver Alec Pierce is tackled by Miami Dolphins linebacker Jordyn Brooks on October 20 in Indianapolis. Matthew Pearce/Icon Sportswire/Getty Images Green Bay Packers wide receiver Romeo Doubs dives for a touchdown in Green Bay, Wisconsin, on October 13. Samuel became the first wide receiver in NFL history with 20 touchdown receptions and 20 touchdown runs after scoring on a 76-yard touchdown catch. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Tua Tagovailoa, Carmen Mandato, Noah Brown, Mary, Peter Casey, Bo Nix, Morgan Engel, Chase Brown, Sydney Brown, Joseph Maiorana, Sam Darnold, Byron Young, Young, Tra Blake, Mark J, Terrill, Justin Herbert, Mack Wilson Sr, Michael Owens, Chris Conley, Trent McDuffie, Jed Jacobsohn, Alec Pierce, Jordyn Brooks, Andy Lyons, Brandon McManus, Morry Gash, Zach Ertz, Greg Fiume, DaVon Hamilton, Julian Finney, Riley Moss, Ladd McConkey, Ron Chenoy, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Deebo Samuel, Samuel, John Froschauer, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, Dan Campbell, We’ve, Khalil Dorsey, Raymond, Jared Goff, Goff, Jahmyr Gibbs, David Montgomery –, Knuckles ”, –, Gibbs, Campbell, he’s, ” Campbell, that’s, Lon Horwedel, Aiden Hutchinson, ’, Cooper Kupp, Puka Nacua, – Jonah Jackson, Joe Noteboom, Steve Avila –, Sean McVay, Kupp, Harry, calvary, Nacua, Matthew Stafford, Kyren Williams, McVay, ”, “ We’ve, “, ” Nacua, Gary A, Vasquez, hasn’t, Nick Sirianni, Jalen, DeVonta Smith, Saquon Barkley, Vic Fangio, Cooper DeJean, Ja’Marr Chase, Smith, AJ Brown –, ” Sirianni, Carolyn Kaster Organizations: CNN, National Football League . Miami Dolphins, Arizona Cardinals, Hard, Sunday, Dolphins, Getty Images, Chicago Bears, USA, Sports, Reuters Denver Broncos, Broncos, Carolina Panthers, Getty Images Cincinnati Bengals, Philadelphia Eagles, Eagles, Reuters Minnesota Vikings, Los Angeles Rams, Rams, Los Angeles Chargers, Chargers, Getty, San Francisco 49ers, Kansas City Chiefs, AP Indianapolis Colts, Miami Dolphins, The Colts, Green Bay Packers, Houston Texans, Packers, AP Washington, Getty Images Jacksonville Jaguars, New England Patriots, Jaguars, Getty Images Denver Broncos, Reuters Detroit Lions, Dallas Cowboys, The Lions, Cowboys, Denver Post, Cleveland Browns, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Jacksonville Jaguars, Tottenham Hotspur, Seattle Seahawks, Reuters New, Reuters New Orleans Saints, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, AP Jacksonville Jaguars, Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, Super, Detroit Lions, Lions, Detroit, NFC North, NFC, Los Angeles Rams Sunday Baltimore Ravens, Cleveland Browns Tennessee Titans, Detroit Lions Indianapolis Colts, Houston Texans Green Bay Packers, Jacksonville Jaguars Arizona Cardinals, Miami Dolphins New York Jets, New England Patriots Atlanta Falcons, Tampa Bay Buccaneers Philadelphia Eagles, Cincinnati Bengals New Orleans Saints, Los Angeles Chargers Buffalo Bills, Seattle Seahawks Chicago Bears, Washington Commanders Carolina Panthers, Denver Broncos Kansas City Chiefs, Las Vegas Raiders Dallas Cowboys, Pittsburgh Steelers Locations: Miami, Landover , Maryland, Denver, Cincinnati, Inglewood , California, Glendale , Arizona, Santa Clara , California, Indianapolis, Green Bay , Wisconsin, London, Arlington , Texas, Philadelphia, Charlotte , North Carolina, Seattle, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Atlanta, Chicago, São, South America, Detroit, “, Philly, Philadelphia’s

☆ Top Wall Street analysts are upbeat on these dividend stocks
▼ + stars: | 2024-10-27 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Finding the right names takes some additional legwork, and investors will want to consider the names highlighted by Wall Street analysts. Energy TransferThe first dividend stock pick this week is Energy Transfer (ET), a midstream energy company with over 130,000 miles of pipeline and related infrastructure across 44 states. The revised estimates also reflect the favorable impact of Sunoco's acquisition of NuStar Energy, as Energy Transfer owns about 21% of the outstanding common units of Sunoco. Diamondback EnergyWe move to independent oil and natural gas company Diamondback Energy (FANG). See Diamondback Energy Stock Charts on TipRanks.

Persons: Charlie Perez, Wall, Elvira Scotto, Scotto, TipRanks, FANG, Arun Jayaram, Jayaram, Diamondback Organizations: Cisco, Mobile, Nurphoto, Getty, Wall Street, Energy, RBC Capital, U.S, WTG, Holdings, NuStar Energy, Diamondback, Diamondback Energy, Endeavor Energy, JPMorgan, Endeavor Locations: Barcelona, Spain, Midland

In a complaint Sept. 18, the U.S. claimed civil damages totaling $103,078,056 under the Rivers and Harbors Act, the Oil Pollution Act and general maritime law, according to the release. There are still dozens of outstanding civil claims, including one from the state of Maryland, seeking damages from the owners of the Dali. According to the Justice Department, Thursday's settlement does not include damages to rebuild the bridge because Maryland built, owned, maintained and operated it. The Dali smashed into the Key Bridge early March 26 after it left the Port of Baltimore en route to Sri Lanka. The ship lost power, regained power, then lost power again before it hit the bridge, causing it to collapse into the Fort McHenry Channel.

Persons: Francis Scott Key, DALI, Brian M, Boynton, Dali Organizations: U.S . Justice Department, Ocean Private Ltd, Synergy Marine Private Ltd, U.S, Justice Department, U.S . Treasury, Harbors, Justice Department's Civil, Port, Fort McHenry Channel Locations: Maryland, Dali, Singapore, U.S, Rivers, States, Baltimore, Sri Lanka, Port of Baltimore, DALI

☆ Justice Department reaches $100 million settlement with two companies in Baltimore bridge collapse
▼ + stars: | 2024-10-24 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +3 min

CNN —The Justice Department has reached a settlement for more than $100 million with the two corporations that owned and operated the container ship that destroyed Baltimore’s Francis Scott Key Bridge in March. The payment stemming from Thursday’s settlement will go to the US Treasury and to the budgets of several federal agencies directly affected by the crash or involved in the response, the Justice Department said Thursday. It will not cover any damages for the reconstruction of the bridge, the department said. In its filing last month, the Justice Department said that the “tragedy was entirely avoidable,” pointing to alleged failures in the ship’s infrastructure. Prosecutors wrote that, instead of fixing longstanding problems with their electrical transformer, the companies “jury-rigged their ship” with makeshift braces that repeatedly broke.

Persons: Baltimore’s Francis Scott Key, Port, “, ” Benjamin Mizer, Department’s, Grace Ocean, Mizer, ”, Prosecutors, CNN’s Kaanita Iyer Organizations: CNN, The Justice Department, Baltimore’s Francis Scott Key Bridge, Grace Ocean Private Limited, Synergy Marine, FBI, Justice Department, US Treasury, Fort McHenry, Synergy, Prosecutors, Coast Guard Locations: Baltimore, Port

☆ Jefferies says these top stock picks are cheap and offer upside heading into year-end
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

As the fourth quarter ramps up, several stocks have room to appreciate in coming months, according to Jefferies. Heading into the end of the year, Jefferies has updated its list of stock recommendations it calls its "franchise picks," spotlighting high-conviction, buy-rated names. "Higher reinvestment rates are correlated with better returns," Jefferies added. Their average price target of almost $24 implies roughly 10% upside – less than the nearly 26% that would result if Jefferies' target of $27 is reached. And Jefferies' target of $295 implies more than 17% upside from the current price.

Persons: Jefferies, Morgan Stanley, Wells, –, Johnson Organizations: Dow, Nasdaq, JPMorgan, Consumer, Johnson, PepsiCo, Sysco, Jefferies, ConocoPhillips, Port, North Field, Oil, Procter, Gamble, Colgate Locations: Wells Fargo, Alaska, Port Arthur, Texas, Qatar, Houston, LSEG, U.S, , New Jersey, Kenvue

☆ How Sabrina Ionescu went from ‘dark days’ of injury to the brink of a WNBA championship
▼ + stars: | 2024-10-10 | by ( Ben Pickman | ) www.nytimes.com time to read: +12 min

Follow live coverage of Lynx vs. Liberty in Game 1 of the WNBA Finals todayNEW YORK — Sabrina Ionescu could barely walk during last season’s WNBA Finals. AdvertisementThe Liberty and Aces were billed as the WNBA’s super-teams last year because of their star power, including Ionescu. 1 pick in the 2020 WNBA Draft, but she suffered a severe ankle sprain in her third WNBA game and she missed the remainder of her rookie season. By her 14th game, Ionescu had made more floaters than she did in all of 2023. “As of late, she lets it come to her.”As Sopak watches Ionescu throughout New York’s postseason run, he has had constant flashbacks.

Persons: Sabrina Ionescu, Ionescu, Vegas, “, ”, “ It’s, ” Ionescu, Breen Weeks, ” Weeks, ” Said Ionescu, ” Sabrina Ionescu, —, elly S, elly, hird, eason, ange, ike, ecky, ammon, ake, allen Organizations: Lynx, Liberty, WNBA, New York Liberty, Las Vegas Aces, Aces, New, ust Locations: California

☆ October surprises are piling up, but a toss-up race seems impervious to shocks
▼ + stars: | 2024-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The trio of tests facing Harris comes with potential economic, political and humanitarian consequences if the administration errs. And the new scrutiny of Trump’s behavior after the 2020 election could cause some voters to again question his fitness for the Oval Office. Former President Donald Trump speaks during a campaign event at Dane Manufacturing in Waunakee, Wisconsin, October 1, 2024. NONE OF THIS HAPPENED WHILE I WAS PRESIDENT!” Trump wrote on Truth Social on Tuesday. But Trump has already tried to manipulate the tragedy for political gain, accusing Biden of “sleeping” following the storm.

Persons: Donald Trump, Kamala Harris, Biden, Hurricane Helene, Trump, Jack Smith, ’, Harris, Kamil Krzaczynski, Trump’s, ” Smith, Smith, ” Trump, Steven Cheung, JD Vance couldn’t, Augusta Mayor Garnett Johnson, Brendan Smialowski, Joe Biden, Helene, Amir Cohen, Hassan Nasrallah, Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, “, ”, There’s, egging Netanyahu, Spencer Platt, “ Donald Trump …, Still, Mandel Ngan, they’ve, Brian Kemp, ” Biden, we’re Organizations: CNN, Oval, Dane Manufacturing, Getty, Trump, ”, Radical Democrats, Republican, Augusta, Democratic, White, Reuters, Wednesday, Democratic Party, Port, International Longshoremen’s Association, Biden, Republican Party, GOP, Raleigh Emergency Operations Center, Pentagon, National Guard, Georgia Republican Gov Locations: Hurricane, Waunakee , Wisconsin, AFP, Meadowbrook, Augusta , Georgia, Iran, Israel, United States, Tehran, Russia, Ukraine, Ashkelon, Lebanon, Gaza, Islamic Republic, Washington, Michigan, New York, Newark, Staten Island , New York, Gulf Coast, Raleigh , North Carolina, Georgia, North Carolina

The Federal Bureau of Investigation boarded a vessel managed by the same company whose cargo ship caused the collapse of the Francis Scott Key Bridge, according to a statement published Saturday. NBC News has reached out to the owner of the vessel Grace Ocean Private Limited, and its operator, Synergy Marine Group for comment. NBC News has also reached out to the U.S. Attorney's Office in Maryland and U.S. Coast Guard for comment. A spokesperson for the U.S. Environmental Protection Agency would not comment further on the matter. Six construction workers died when the bridge went crumbling down into the Patapsco River.

Persons: Francis Scott Key, Dali Organizations: Federal Bureau of Investigation, Environmental, Division, Coast Guard Investigative Services, Maersk, FBI, NBC, Ocean Private Limited, Synergy Marine Group, Attorney's, U.S . Coast Guard, U.S . Environmental, Agency, Francis Scott Key Bridge, Associated Press, National Transportation Safety, U.S . Justice Department, Grace Ocean Private Limited, Synergy Locations: Maryland, U.S, Singapore, Patapsco, Baltimore

☆ FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge
▼ + stars: | 2024-09-21 | by ( ) www.cnbc.com time to read: +1 min

Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. Federal agents have boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI has confirmed. In statements Saturday, spokespeople for the FBI and the U.S. Attorney's Office in Maryland confirmed that authorities have boarded the Maersk Saltoro. The ship is managed by Synergy Marine Group. Darrell Wilson, a Grace Ocean spokesperson, confirmed that the FBI and Coast Guard boarded the Maersk Saltoro in the Port of Baltimore on Saturday morning.

Persons: Francis Scott Key, Dali, Grace, Darrell Wilson, Wilson, Department's Organizations: Fire, Federal, FBI, U.S, Attorney's, Maersk, Synergy Marine, Federal Bureau of Investigation, Environmental, Division, Coast Guard Investigative Services, Authorities, U.S . Justice Department, Grace Ocean Private Ltd, Synergy Marine Group, Francis Scott Key Bridge, Justice, Grace Ocean, Coast Guard Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, Maryland, Singapore, Port of Baltimore

Victims' families and a survivor of a Maryland bridge collapse that killed six people filed claims Friday for wrongful death and punitive damages against the owner and the operator of the massive cargo ship that crashed into the bridge earlier this year. The 100,000-plus-ton ship Dali slammed into the Francis Scott Key Bridge in the early hours of March 26 as a work crew was fixing potholes. Six construction workers died when the bridge went crumbling down into the Patapsco River. The nearly two dozen crew members on the ship survived, along with two pilots who were helping the vessel navigate the harbor. Days after the bridge collapse, the ship’s Singapore-based owner and manager petitioned a Maryland court to limit their monetary liability to $43.67 million, the value of the ship and its cargo, based on a pre-Civil War provision of maritime law.

Persons: Dali, Francis Scott Key, Dorlian Ronial Castillo Cabrera, Carlos Daniel Hernandez Estrella, Alejandro Hernandez Fuentes, Jose Mynor Lopez, Miguel Angel Luna, Maynor Yasir Suazo Sandoval, Julio Cervantes Suarez, “, ”, ” Darrell Wilson, ” Wilson, General Merrick Garland, ” Cervantes Suarez, ” Suarez Organizations: Maryland Transportation Authority, Baltimore Port, District of Maryland Northern Division, NBC, Grace Ocean Private Ltd, Synergy Marine, Ltd, City, Justice Department, Justice, NBC News Locations: Maryland, Patapsco, Baltimore, U.S, Singapore, of Baltimore, City of Baltimore, ”

☆ New $100M DOJ lawsuit details the 'unseaworthy' condition of the ship behind Baltimore bridge collapse
▼ + stars: | 2024-09-18 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The ship's owner and manager, the lawsuit says, sent an "ill-prepared crew on an abjectly unseaworthy vessel to navigate the United States' waterways." The lawsuit calls the actions by Grace Ocean Private Ltd, the owner of the vessel, and the ship's operator, Synergy Marine Group, "outrageous, grossly negligent, willful, wanton, and reckless." Darrell Wilson, a spokesperson for Grace Ocean Private Ltd and Synergy Marine Group, told Business Insider in a statement that the legal claim was "anticipated." AdvertisementThe lawsuit is also seeking punitive damages to deter any future "misconduct" by the owner and operator of the Dali.

Persons: —, Francis Scott Key, Dali, Grace, Darrell Wilson, Wilson, Merrick Garland, Garland Organizations: Service, Department, DOJ, Business, Grace Ocean Private Ltd, Synergy Marine Group, Grace Ocean Private, Justice Department, Synergy Marine, Private Locations: Singapore, Baltimore, Maryland, United States, Port of Baltimore

☆ Justice Department sues over Baltimore bridge collapse and seeks $100 million in cleanup costs
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +2 min

A view of the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, U.S., March 26, 2024. The U.S. Justice Department on Wednesday sued the owner and manager of the cargo ship that caused the Baltimore bridge collapse, seeking to recover more than $100 million that the government spent to clear the underwater debris and reopen the city's port. The collapse snarled commercial shipping traffic through the Port of Baltimore for months before the channel was fully opened in June. The case was filed against Dali owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both of Singapore. The companies filed a court petition days after the collapse seeking to limit their legal liability in what could become the most expensive marine casualty case in history.

Persons: Dali, Francis Scott Key, Merrick Garland, Grace, Grace Ocean, Chetan Patil Organizations: U.S . Justice Department, Wednesday, Francis Scott Key Bridge, Port, Justice Department, Grace Ocean Private Ltd, Synergy Marine Group, Synergy Locations: Baltimore , Maryland, U.S, Baltimore, Maryland, Port of Baltimore, Singapore, Sri Lanka, United States

☆ Top Wall Street analysts pick these dividend stocks for attractive returns
▼ + stars: | 2024-09-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To that end, the recommendations of top Wall Street analysts can help investors choose stocks with strong fundamentals and the ability to pay consistent dividends. Here are three dividend stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. MPLX LPWe start this week with MPLX (MPLX), a midstream energy player. Recently, RBC Capital analyst Elvira Scotto reiterated a buy rating on MPLX stock with a price target of $47. The company recently paid a base dividend of $1.25 per share of common stock and a variable dividend of $1.27 per share.

Persons: Wall, Elvira Scotto, Scotto, TipRanks, Scott Hanold, Ivan Feinseth, Feinseth Organizations: Wall, MPLX, RBC Capital, Logistics, Energy, Hanold, Chord Energy, Tigress Locations: buybacks, Williston

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Tesla, Kroger, Arm, Oracle, Eli Lilly, PNC, GE Vernova & more
▼ + stars: | 2024-09-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Raymond James initiates Arm as outperform Raymond James said the semis company is well positioned for AI. Citi downgrades Capri Holdings to neutral from buy Citi said the risk/reward is more balanced for the owner of brands like Michael Kors. UBS reiterates Oracle as buy UBS raised its price target on the stock to $200 per share from $175. The feedback on Oracle's top-line growth was overall positive..." UBS reiterates PNC as buy UBS said the bank is a high conviction idea. " Citi resumes Eli Lilly as buy Citi resumed coverage of the stock and says it's well positioned.

Persons: Raymond James, Jefferies, SLG, CFRA, it's, datopotamab, Michael Kors, haven't, Morgan Stanley, EQT, Citi, Eli Lilly, Lilly, Tesla, BEV, Wells Organizations: Arm Holdings, ARM, Citi, Green, Kroger, Macquarie, Rio Tinto, Deutsche Bank, AstraZeneca, Deutsche, Capri Holdings, Barclays, Garmin, GM, BMO, GE, UBS, Oracle, Oracle's, PNC, JPMorgan, Netflix, JPMorgan downgrades Moderna, Nvidia, NVIDIA Locations: GenAI, New York, Rio, RIO, Las Vegas

☆ There's tons of hiring activity in media ad sales right now, but there's a catch
▼ + stars: | 2024-09-09 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +8 min

While it might look like there's a flurry of advertising hiring, industry insiders say the reality is more sobering. AdvertisementLegacy media companies have sharply cut staff in recent years, including sales, and those jobs aren't coming back. Disney has said it plans to automate half its ad sales. "The number of good job opportunities are few and far between because the large media companies are not hiring as quickly. "Ad sales is no longer ad sales," said Gary Stolkin, global CEO of The Talent Business, a global executive search firm specializing in the creative industries.

Persons: —, they've, Jean, Paul Colaco, aren't, Dave Morgan, Lisa Valentino, David Lawenda, David Zaslav, David Ellison's, Christopher Vollmer, Simon Francis, Peter Naylor, Brian Lesser, Lesser, WPP's, Roku, Harry Kargman, Kargman, Krishan Bhatia, Gary Stolkin, Stolkin, who's Organizations: Service, Netflix, Business, Disney, Paramount, Warner Bros, NBA, Companies, MediaLink, TV, Media, Flock Associates, Progressive, Mobile, The Talent Locations: Teads, NBCUniversal

CHICAGO — The whole world was watching, but this time, it liked what it saw. Chicago did hold a sometimes forgotten convention in 1996 that went off without a hitch. Win McNamee / Getty Images“We finally excised the ghosts of 1968 … It is an incredible legacy to leave here,” said Anne Caprara, chief of staff to Gov. There were a total of 74 convention-related arrests throughout the week, Chicago Police Supt. And it was on display for the world to see, and I guarantee the world was watching.

Persons: Lil Jon’s, ‘, Chicagoans, Brandon Johnson, Johnson, “, ” Harris, Sen, JD Vance, uncommitted, Israel, Harris, Kamala Harris, Win McNamee, ”, Anne Caprara, JB Pritzker, ” Caprara, Caprara, Biden, Larry Snelling, Snelling Organizations: CHICAGO, Democratic National Convention, ”, DNC, Democratic, City, Wrigley, Chicago, Chicago police, Democratic Party, Gov, Chicago Police, Secret, Chicago Host, Democratic National Committee, Police Locations: Grant, Chicago, Vietnam, “, Big, Ohio, Israel, Gaza, U.S, people’s

☆ Charli XCX's 'Brat' era is making remixes fun again. Other pop stars should take note.
▼ + stars: | 2024-08-02 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

Read previewBillie Eilish has gleefully joined the extended "Brat" universe with her featured spot on "Guess," a fan-favorite track from Charli XCX's latest album. Related storiesNow, with "Guess," Eilish enters as both a foil and hopeful love interest. She sing-raps as if she's responding to Charli's original lyrics, breaking the fourth wall with a seductive wink: "Charli likes boys, but she knows I'd hit it." In the "Guess" remix, Charli tweaks her own verse as a nod to Eilish's new era: "Wear 'em, post 'em, might remix it / Eat it up for lunch, yeah, it's so delicious." Each "Brat" remix is arguably as good as the original, yet distinct and unique in its own right.

Persons: —, Billie Eilish, Charli, Eilish, Addison Rae, Robyn, Yung Lean, Rae, Timbaland, Justin Timberlake, Nelly Furtado's, doesn't, — it's, Julia, George, Sophie, Julia Fox, Cook, Charli's fiancé George Daniel, They're, Ariana Grande, Taylor, Mariah Carey, Justin Bieber, they've, it's Organizations: Service, Business Locations: Dua

☆ ‘I’m really proud of our team’: Lewis Hamilton praises England’s Euros resilience ahead of his final British GP with Mercedes
▼ + stars: | 2024-07-05 | by ( Amanda Davies | Aleks Klosok | ) edition.cnn.com time to read: +8 min

CNN —Lewis Hamilton and the England men’s soccer team share a thing or two in common. “I’m really, really proud of our team just with all the difficulties that they’ve experienced, and they’ve faced just time and time again, just continuing to get up and the resilience. Fortunately, though, his home race has proved to be a very happy hunting ground with Hamilton winning a record eight times at the circuit. “I think when we were winning all the time, it was just, ‘Yeah, we’re winning.’ That’s where I think that was. What chance then of a win this season to cap off his 12th and final season at Mercedes?

Persons: CNN — Lewis Hamilton, Hamilton, Niki Lauda, he’d, Michael Schumacher’s, Gareth Southgate, “, Amanda Davies, Antony Dickson, I’m, they’ve, Jude Bellingham, Harry Kane, Phil Foden, John Sibley, “ We’ve, …, ”, don’t, you’re, peerless, George Russell, McLaren’s Lando Norris, Ollie Bearman who’ll, Haas, Bryn Lennon, we’re, We’re, I’ve, Mercedes, ” Hamilton, Clive Rose, Mercedes ’, Red Bull, Ferrari, – Hamilton, Russell, you’ve, everyone’s, ’ That’s, hasn’t Organizations: CNN, England, IWC, Prix, South China Morning, Lions, Real, Premier League, Southgate, Bellingham, Slovakia, Ferrari, US, Sao Paulo, Silver Arrows, Brit, Mercedes, Silverstone, Austrian, Constructors, Hamilton Locations: Melbourne, England, Germany, IWC Schaffhausen, British, Macau, South, European, Slovakia, Hamilton, Austin, Silverstone, Sao, Montreal, Spain, Austrian, Jeddah, Saudi Arabia, Abu Dhabi

☆ An ex-Googler reveals why she's selling her construction startup to a Saudi company with still a year of runway in the bank
▼ + stars: | 2024-07-02 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

She's now selling her startup to WakeCap, a Saudi Arabia-based company that has contracts with many of the kingdom's construction megaprojects such as "desert cities." Instead, Eisnor exited early, selling her startup to help it scale faster. WakeCapBuilt toughFor nine years, Eisnor had a front-row seat at a tech rocketship, Waze, the Israeli-born maps and navigation company. "There is a reality in construction software that a lot of the names that you might know, they're going to be hovering around, say, $10 million in ARR. Eisnor is staying on as chief strategy officer, and Crews by Core's chief technology officer, Gene Gutnik, now leads tech for the combined company.

Persons: Ann Eisnor, Crews, Eisnor, I'm, Caterina Fake's, Hassan Albalawi, Albalawi, Kajima, —, WakeCap's Albalawi, they're, Gene Gutnik, WakeCap Organizations: Service, Business, NFX, GV, Google, McKinsey & Company, Autodesk, Core, Core's Locations: Saudi Arabia, United States, Saudi, Silicon, Silicon Valley, Israeli, hyperscale, WeWork

☆ Iceland’s volcanic activity may continue for decades, study says
▼ + stars: | 2024-06-28 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

CNN —After 800 years of calm, volcanoes have awakened in the Reykjanes Peninsula of Iceland — about 56 kilometers (35 miles) south of the nation’s capital, Reykjavik. While there is no risk of a global calamity happening, researchers are now warning that new scientific evidence suggests the eruptions originating from the Reykjanes Peninsula could continue for years or even decades. But people staying there, with the possibility of a very rapid onset of volcanic activity, I don’t think that’s recommended. “The Reykjanes peninsula is exactly on this plate boundary,” he added, “and it seems that we are now witnessing the earliest part of a major eruption episode. Icelandic geoscientists and international collaborators are tracking the frequency and intensity of seismic activity and ground deformation in real time.

Persons: that’s, ”, Valentin Troll, John Moore, Hugh Tuffen, “, Emin Yogurtcuoglu, volcanologist Einat Lev, Lamont, Lev, Jessica Johnson, ” Johnson, Tuffen Organizations: CNN, Iceland —, Uppsala University, Terra Nova, Lancaster University, Keflavík, Anadolu Agency, Getty, Columbia University, University of East Locations: Reykjanes, Iceland, Reykjavik, Grindavík, Sweden, volcanology, United Kingdom, Iceland Iceland, Kentucky, Fagradalsfjall, New York, University of East Anglia

☆ Analysis, fits for all 58 NBA Draft picks from John Hollinger and Sam Vecenie
▼ + stars: | 2024-06-26 | by ( John Hollinger | Sam Vecenie | ) www.nytimes.com time to read: +109 min

He’s going to be a killer rebounder, monster screener and will consistently establish his position even against some of the stronger NBA players. I’m done doubting Edey, even as an NBA player. As an enormous ballhandler with serious touch and incredible vision as a passer, Topić is clearly an NBA player, even if it doesn’t all translate. Shannon is an elite athlete, but the NBA game requires more nuance, especially if he continues to be an inconsistent shooter. However, I also think he’s more than just a floor spacer on offense in spot-up situations and potentially as an off-ball scorer.

Persons: Read Sam Vecenie’s, Sam Vecenie, John Hollinger, Zaccharie Risacher, Zaccharie, Risacher, he’s, he’d, —, Saddiq Bey, De’Andre Hunter, Jalen Johnson, Dejounte Murray, Alexandre Sarr, Chet Holmgren, Victor Wembanyama, Myles Turner, Wembanyama, Holmgren, Nic Claxton, Kyle Kuzma, Flagg, Reed Sheppard, Sheppard, Sheppard isn’t, he’ll, Lonzo, Tyrese Haliburton, savants, Houston couldn’t, He’s, Donovan Clingan, Ron Holland, Holland, haven’t, don’t, Aaron Gordon, Cade Cunningham, Trajan Langdon, Tidjane, it’s, Mark Williams, Miles Bridges, Jarrett Allen, Deandre Ayton, Clingan, Ayton, Robert Dillingham, Dillingham, Tyrese Maxey —, Maxey, Trae Young, Ja Morant, Morant, Young, Dennis Schröder, Mike Conley, Zach Edey, Edey, I’m, Joel Embiid, Zach Kleiman, It’s, Devin Carter, Matas, Cody Williams, Williams, isn’t, We’re, Buzelis, Patrick Williams, Nikola Topić, Nikola Djurišić, Topić, “ Vasa, Shai Gilgeous, Alexander, Carter, Carlton “ Bub ” Carrington, Bub Carrington, Carrington, White, Will, Kel’el Ware, Ware, doesn’t, Wood, There’s, Thomas Bryant, Orlando Robinson, Bam Adebayo, Philadelphia 76ers Jared McCain, Duke Vecenie’s, Jared McCain, McCain isn’t, Seth Curry, McCain, Dalton Knecht, He’ll, Knecht, Will Hardy, Erik Spoelstra, Tristan da Silva, Tristan da Silva’s, da Silva, Jett Howard, Da Silva, Johnny Furphy, Ja’Kobe Walter, Walter, Gary Trent Jr, Bruce Brown, Isaiah Collier, Scottie Barnes, RJ Barrett, Jaylon Tyson, Tyson, Yves Missi, Yves Missi’s, Clint Capela, Zion Williamson, Missi, Jonas Valančiūnas, Larry Nance Jr, DaRon Holmes, Holmes, Jaylin Williams, Zeke Nnaji, A.J, Johnson, Jackson, Giannis, Kyshawn George, Kyle Anderson, George, Washington, George ., Dadiet, evaluators, Tobias Harris, Harris, Dillon Jones, Jones, Cason Wallace, Lu Dort, Alex Caruso, Nikola, rebounder, Minnesota Timberwolves Terrence Shannon Jr, Terrence Shannon, Shannon, Bart Torvik’s, Buddy Hield, Jimmer Fredette, Chris Duarte, Ochai Agbaji, Matisse, Marshon Brooks, Quincy Pondexter, Lazar Hayward, Davon Reed, Carrick Felix, Orlando Johnson, Hield, Phoenix Suns Ryan Dunn, Ryan Dunn, I’ve, Herb Jones —, Dunn, Derrick Jones Jr, Herb Jones ’, Hollinger, Joanna Gaines, Utah Jazz Isaiah Collier, Collier, Kris Dunn, Baylor, Creighton Vecenie’s, Baylor Scheierman, closeouts, didn’t, Toronto Raptors Jonathan Mogbo, Francisco Vecenie’s, Jonathan Mogbo, Utah Jazz Kyle Filipowski, Kyle Filipowski, Kristaps, Nikola Jokić, Brook Lopez, Duke, Milwaukee Bucks Tyler Smith, Tyler Smith, Smith, let’s, AJ Johnson, Christian Wood, Bobby Portis, Tyler Kolek, Jalen Brunson, Antonio didn’t, Juan Núñez, Juan Núñez’s, Monte Morris, — Morris, McConnell, Sergio Rodriguez, Rodriguez, Núñez, Klintman, Ajay Mitchell, UC Santa Barbara Vecenie’s, Mitchell, Wells, wasn’t, Oso, Ighodaro, Nikola Vučević, Philadelphia 76ers Adem Bona, Adem Bona, Bona, Paul Reed’s, Charlotte Hornets K.J, Simpson, Simpson isn’t, AJ Griffin, Djurišić, Pelle Larsson, Pelle Larsson’s, Larsson, Duncan Robinson, Jamal Shead, Eric Bledsoe, Patrick Beverley, Shead, I’d, Kyle Lowry, Cam Christie, Christie, Nickeil Alexander, Walker, Max, Antonio Reeves, Reeves, He’d, Nate Duncan, hadn’t, That’s, Jordan Hawkins, San Antonio Spurs Harrison Ingram, Harrison Ingram, Ingram, Newton, Tristen Newton, . Indiana Pacers Enrique Freeman, Enrique Freeman, Paul, Millsap, Freeman, Melvin Ajinça, Quentin Vecenie’s, Ajinça, Trent, Cam Spencer, Spencer doesn’t, Spencer, Luke Kennard’s, Boston Celtics Anton Watson, Gonzaga Vecenie’s, Anton Watson, He’s switchable, Watson, James, Bronny James, that’s, Still, LeBron James, Kevin McCullar Jr, Kevin McCullar, Ulrich Chomche, Ariel Hukporti, Tristan Vukčević, Khalifa Diop, Karlo Matković, Marko Simonovic, Luke Hales Organizations: Hawks, Atlanta, Perth Wildcats, Defense, NBA, Wizards, Kentucky, Wildcats, UCLA, Tyrese, Iowa State, Stephon, Spurs, Ignite, League, Pistons, Deandre, Minnesota Timberwolves, 76ers, Dillingham, Purdue, IMG, intel, Grizzlies, Edey, Memphis, Colorado, Sunrise, Lithuanian GM, Bulls, Crvena Zvezda Vecenie’s, Mega, Red Star, doesn’t, Oklahoma City, Providence Vecenie’s, Sacramento, Kings, Washington Wizards, Blazers, Carlton, Pittsburgh, Indiana, Philadelphia 76ers, Duke, McCain, Philadelphia, Sixers, Tennessee, Lakers, NCAA Tournament, Baylor, Houston, Denver Nuggets, Suns, Dayton Vecenie’s, Nuggets, Denver, Ilawarra Hawks, Jackson, Bucks, Miami, New York Knicks, Ratiopharm Ulm, Knicks, Oklahoma City Thunder, Weber State, Golden State Warriors, Illinois, Wolves, Phoenix Suns, Virginia Vecenie’s, Alabama, Mavericks, Dallas, Utah Jazz, USC, Trojans, Jazz, Baylor Scheierman, Celtics, Hoop, Toronto Raptors, Francisco, Raptors, Brook, Utah, Milwaukee Bucks, Marquette, Mikal Bridges, . Indiana Pacers, SAS, Kansas, San Antonio Spurs, today’s NBA, Ratiopharm, Detroit Pistons, Cairns, UC Santa Barbara, Belgian, Thunder, Memphis Grizzlies, Washington, Washington State, Charlotte Hornets, Atlanta Hawks, G League, Rockets, Miami Heat, Arizona, SAC, Summer League, Minnesota, Pelicans, Clippers, New Orleans Pelicans, North Carolina Vecenie’s, Stanford, Ingram, Pacers, UConn, Akron Vecenie’s, Louisiana Tech, MAC, Dallas Mavericks, Saint, Boston College Vecenie’s, Boston College, Boston Celtics, Gonzaga, Los Angeles Lakers, G, NBA Academy Africa, NBA Academy, Melbourne United Locations: Zaccharie, Indiana, Washington, Kentucky, Iowa, Haliburton, Sheppard, Connecticut, San Antonio, Detroit, Portland, Dillingham, Minnesota, Memphis, Colorado, Lithuanian, Chicago, Oregon, Miami, Philadelphia, Tennessee, Utah, California, Atlanta, Orleans, Oklahoma, Dayton, Denver, Fla, Swiss, Dadiet, New York, Shannon, Kansas, Alabama, Virginia, Collier, Boston, Oklahoma City, Milwaukee, Marquette, He’s, Europe, Spain, Spanish, Ratiopharm Ulm, Núñez, NY, OKC, Arizona, Philly, Charlotte, ORL, North, Newton, Akron, Ajinça, Africa, DAL, Cleveland

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