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WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ Jack Jones, balladeer famous for ‘Love Boat’ theme and 1960s hits like ‘The Impossible Dream,’ dies at 86
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +8 min

Jones died of leukemia at a hospital in Rancho Mirage, Calif., his wife of 15 years, Eleanora Jones, said. Jones had hits on Billboard’s Hot 100 chart, but his highest chart numbers could be found on what was then known as the easy listening chart, which later became adult contemporary. 1 singles with “The Race is On” in 1965, “The Impossible Dream (The Quest)” in 1966 and “Lady” in 1967. 6 on the easy listening chart and No. Besides Jones’ wife, his survivors include daughters Crystal Jones and Nicole Ramasco, stepdaughters Nicole Whitty and Colette Peters, and three grandchildren.

Persons: Jack Jones, Jones, Eleanora Jones, ”, ” —, Stephen Holden, Frank Sinatra, — Jones, Will Friedwald, ” Jones, “, — Sammy Cahn, Jimmy Van Heusen, Cole Porter, Harold Arlen, Michel LeGrand, Alan, Marilyn Bergman, Gerry Mulligan, Buddy Rich, Count Basie, didn’t, David O, Russell’s, Cy Coleman, Irene Harvey, Allen Jones, Marx, Jeanette McDonald, Nelson Eddy, You’re, Nancy Sinatra, Frank Sinatra’s, “ Lollipops, —, Burt Bacharach, Hal David, Cécile, Jones ’, Tony Bennett, Times ’ Holden, “ Mr, ’, Holden, Mark Murphy, Jones’s, Eleanora Jung, Jill St, John, Crystal Jones, Nicole Ramasco, stepdaughters Nicole Whitty, Colette Peters Organizations: Rancho Mirage, Calif, ”, New York Times, ABC, Street, Opera, MGM, University High School, Capitol Records, Kapp Records, U.S . Air Force Reserve, Las Vegas, Algonquin Hotel, Times, Hollywood Locations: Rancho, America, British, La Mancha, West Los Angeles, Coachella, Palm Springs

☆ Fun or frightening? A brief history of Olympic mascot design
▼ + stars: | 2024-07-08 | by ( Leah Dolan | ) edition.cnn.com time to read: +7 min

Stephane De Sakutin/AFP/Getty Images Merchandise featuring Beijing mascot Bing Dwen Dwen, the 2022 Winter Olympics mascot, has been extremely popular. MARTIN BERNETTI/AFP/AFP via Getty Images Rio 2016 Olympic mascot Vinicius was selected four years before the Games kicked off. Rudi Blaha/AP Syd the platypus, Millie the echidna and Olly the kookaburra, helped represent the Sydney 2000 Olympic Games. Amicar de Leon/AP The Albertville Olympic Games in 1992 was cheered on by a star-shaped gnome-looking character. International Olympic Committee In pictures: Olympic Mascot History Prev NextTo find a worthy representative, each host country will typically organize a submission call-out or contest.

Persons: snowmen, Aline Lafargue, “, Lafargue, Stephane De Sakutin, Bing Dwen Dwen, Lintao Zhang, Maja Hitij, MARTIN BERNETTI, Vinicius, Alex Ferro, Andrej Isakovic, Mo Farah, Adrian Dennis, Jeff Vinnick, Amy Sancetta, Michael Sohn, Rudi Blaha, Syd, Olly, Claro, Eric Draper, Izzy Whatizit, Ross Kinnaird, Michel Euler, Amicar de Leon, Nicolas Le Corre, David Cannon, Sam, Eagle, Tony Duffy, Howdy, Dieter Endlicher, Misha, Armin Weigel, AP Shuss, Iris, ”, Millie Organizations: CNN, Olympic Games, International Olympic Committee, Grenoble Winter, Getty, Tokyo, Games, Reuters, Sochi, Getty Images Beijing, Winter Games, Sydney, Lillehammer Games, Albertville Olympic, Disney, International Olympic, Moscow's, AP, Dachshund, Olympics, Olympic, International, Sochi Winter Games, Angeles Summer, London Games, Soyuz Locations: France, Paris, AFP, Beijing, Vancouver, Canada, China, Turin, Italy, Athens, Salt Lake, Snowbasin , Utah, Claro Cortes, Japan, EMPICS, Barcelona, Barcelona's Port, South Korea, Sarajevo's Yugoslavia, Calgary , Alberta, Lake Placid, Munich, Innsbruck, Kitzbuhel, Austria, Algonquin, Russia, Sydney, Australia

☆ Wells Fargo gives its best tactical trades for the third quarter
▼ + stars: | 2024-07-05 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Against this backdrop, Wells Fargo ran a screen looking for stocks that its analysts rate overweight, and that have positive catalysts in the third quarter quarter. Here's which stocks made the cut: Capital One has a potential catalyst if the Discover merger goes through, according to Wells Fargo. Wells Fargo is out of step on Wall Street, as the average analyst has a hold rating on Capital One. The typical price target implies nearly 16% upside, while Wells Fargo sees the stock soaring more than 37% from Monday's close. On the other hand, Wells Fargo said Tesla and Old Dominion Freight Line could see downside from negative catalysts in the third quarter.

Persons: Wells, Wells Fargo, LSEG, Tesla Organizations: Nasdaq, Algonquin Power & Utilities, Semiconductor, iShares Semiconductor, Old Dominion, Tesla Locations: Wells Fargo, Wells, Ontario, China, Monday's

☆ Teddy Roosevelt: A major reevaluation of the most masculine president
▼ + stars: | 2024-06-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

O’KEEFE: “The Loves of Theodore Roosevelt” argues that the most masculine president in the American memory is actually the product of unsung and extraordinary women. Theodore Roosevelt with his second wife, Edith Carow Roosevelt, and his first five children in the mid-1890s. I had this fascinating conversation with Connie Roosevelt, who is the wife of Theodore Roosevelt IV (Teddy’s great-grandson). I love Robin Williams and the depiction in “Night at the Museum,” but that’s a cartoon of Theodore Roosevelt. Theodore Roosevelt, like his distant cousin Franklin Roosevelt, was considered a traitor to his class.

Persons: CNN — Theodore Roosevelt, Roosevelt, ”, Theodore Roosevelt, Edward O’Keefe, Buyenlarge, Theodore Roosevelt ”, Mount Rushmore, Anna, Corinne, Alice, Mittie, Martha, Edith Carow Roosevelt, Connie Roosevelt, Theodore Roosevelt IV, Connie, “, that’s, didn’t, Robin Williams, who’s, WOLF, he’s, Horatio Alger, Franklin Roosevelt, Politics, Theodore Sr, Biden WOLF, Joe Biden, There’s, Josh Hawley, —, I’ve, Edith, He’s, Kristi Noem, they’ve, Josiah, Emily, Theodore Roosevelt’s Organizations: CNN, Republican Party, Theodore Roosevelt Presidential Library Foundation, Roosevelt, Rough Riders, FPG, National Parks Conservation Association, Museum, of Congress, North Dakota —, Senate, South Dakota Gov, White Locations: North Dakota, Mount, Cuba, ”, Africa, Europe, America, Missouri, Dakota, South Dakota, New York, Sagamore, Oyster

☆ May’s full flower moon will light up the sky this week
▼ + stars: | 2024-05-22 | by ( Scottie Andrew | ) edition.cnn.com time to read: +3 min

May’s full moon is known as the flower moon, a reference to its appearance in late spring, when many flowering plants begin to bloom again after their winter slumber. The flower moon will begin to rise after sunset on Wednesday, reaching its highest point after midnight, per EarthSky. The flower moon played a minor role in a particularly dark period of US history. Martin Scorsese’s recent Oscar-nominated historical drama “Killers of the Flower Moon” explores a series of murders of Osage people in Oklahoma. The killings began in May 1921, the month of the flower moon.

Persons: CNN —, St, Bede, Venerable, Martin Scorsese’s, Buck Organizations: CNN, NASA, Washington Locations: Washington ,, Algonquin, Canada, United States, Plains, Dakota, Osage, Oklahoma

☆ When Society Gets You Down, Build a New One
▼ + stars: | 2023-11-14 | by ( Omar El Akkad | ) www.nytimes.com time to read: +2 min

Work and sleep. The other issue is pacing — or rather, the relationship between pacing and depth. There is no sense of consistent pacing throughout the novel, which isn’t necessarily a bad thing. But that swiftness doesn’t always play well with the transitions from one character or group of characters to the next. THE NEW NATURALS | By Gabriel Bump | Algonquin | 295 pp.

Persons: doesn’t, Gabriel Bump Organizations: New Naturals, Naturals, THE Locations: Rio, Gibraltar

☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

☆ Cramer's Lightning Round: Merck is a buy
▼ + stars: | 2023-10-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Corning's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon Texas Instruments' year-to-date stock performance. Stock Chart Icon Stock chart icon Merck's year-to-date stock performance. Stock Chart Icon Stock chart icon Algonquin Power & Utilities' year-to-date stock performance.

Persons: there's, Merck Organizations: Texas, Merck, Algonquin Power & Utilities

☆ How ‘Killers of the Flower Moon’ reimagined one of America’s most heinous crimes
▼ + stars: | 2023-10-17 | by ( Thomas Page | ) edition.cnn.com time to read: +11 min

“Killers of the Flower Moon” also called on him to exorcise its demons. The adaption of David Grann’s 2017 book of the same title recounts one of America’s most heinous crimes. The family of Mollie Burkhart (second left, played by Lily Gladstone) are targeted for their wealth in Martin Scorsese's "Killers of the Flower Moon." Lily Gladstone talks with Martin Scorsese inside a church on location for "Killers of the Flower Moon." “Killers of the Flower Moon” is released in cinemas on October 20.

Persons: Jack Fisk, “, Terrence Malick, Paul Thomas Anderson, David Lynch, Fisk, Martin Scorsese, ”, Rita Smith, ” Fisk, Osage, David Grann’s, White, ” —, Grann, Mollie Burkhart, Lily Gladstone, Martin Scorsese's, Ernest, William Hale, Leonardo DiCaprio, Robert De Niro, Scorsese, Terrence Malick’s “, he’s, Malick, Terence Malick's, Wallace, “ I’m, Sissy Spacek, Marianne Bowers, Addie Roanhorse, Gray, Mollie, Lizzie Q Kyle, Maggie Burkhart, he’d, Marty, Lilly, ” Scorsese, Rodrigo Prieto, Fairfax, Pawhuska’s, Bill, There’s, Hale, Robert De Niro’s Bill, Leo, Rita Smith’s Organizations: CNN, Osage, Cannes Film, Osage Nation, Kihekah Locations: Oklahoma, Fairfax, Osage, America, guardianships, Virginia, Jamestown, Algonquin, Powhatan, Alberta, Canada, Texas, New, Pawhuska, Fairfax , Oklahoma, Illinois

Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition of the largest oil producer in Permian basin. So far, shareholders profited as the share price more than doubled since early 2021 when activist investors publicly pushed for changes. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building. "Investor pressure has decreased; they're backtracking... the big investors are enabling this," said climate investment group Follow This founder Mark van Baal. Privately, investors worried if Exxon bowed out of production, someone else would pick up the slack and nothing would be gained for shareholders or energy transfer.

Persons: Olaf Scholz, Exxon Mobil's, Jim Rossman, that's, Andrew Logan, tussles, Mark van Baal, Charlie Penner, Ceres, Logan, Marguerita Choy Organizations: Environmental, Exxon, Republique, New Global Financial, Big Oil, Energy, Natural Resources, Pioneer, Barclays, Oil, Public, International Energy Agency, Investors, Ancora, Holdings, Algonquin Power & Utilities, Elliott Investment Management, NRG Energy, Smart, Thomson Locations: Paris, France, BOSTON, Ukraine

☆ The full moon has different names for each month. Here's the meaning and origin for the whole lunar calendar.
▼ + stars: | 2023-09-26 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +11 min

The next full moon will be a harvest moon, rising on September 29. AdvertisementAdvertisementSeptember: harvest moon, "corn moon," "barley moon"Amish people harvest corn in Maryland. A harvest moon sometimes occurs in October (the moon doesn't follow the Gregorian calendar), but it's always the full moon closest to the autumnal equinox. The next worm moon: March 25, 2024April: "pink moon," "sprouting grass moon," "egg moon," "fish moon"Wildflowers along the California coastline in Big Sur at sunset. AdvertisementAdvertisementThe next seasonal blue moon: August 19, 2024The next monthly blue moon: August 19, 2024

Persons: It's, —, Patrick Hartigan, Mark Wilson, it's, Shamil Zhumatov, Eddie Keog, what's, Jeff R Clow, Andy ClarkREUTERS, John Moore, Mike Segar, Charlie Baker, Brian Snyder, that's, Mike Blake, Toby Talbot, Mead, Toby Melville Deer, Matt Balazik, Steve Helber, Champlain, Paul Hanna Supermoons, Andrew Lichtenstein Organizations: Service, Rice University, Reuters, North, Getty, Beavers, REUTERS, Former, NASA, AP, Astronomical Union Locations: Maryland, Moscow, Russia, North America, Europe, New England, Superior, Colonial, Stokenchurch, England, Lake Louise , Alberta, Irvington , New York, Former Massachusetts, Hollis Hill, Fitchburg , Massachusetts, Algonquin, California, Big Sur, Calais , Vermont, Richmond Park, London, Britain, Alaska, James, Charles City , Virginia

☆ Keith Meister's Corvex Management places new giant bet on a drugmaker, adds to a utility stake
▼ + stars: | 2023-08-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Keith Meister's Corvex Management placed a big new bet on drugmaker Catalent , among other moves in an active quarter for the fund manager. The fund also has a new position in Knife River , a construction materials and contracting company, leading to a $110.3 million holding. It's the seventh largest position in the fund and likely the result of a spin-off. In June, Knife River spun off from MDU Resources , which is the third largest holding in Corvex. Knife River is up more than 17% this quarter.

Persons: Keith Meister's, drugmaker, Corvex, Meister, Carl Icahn Organizations: Management, Securities and Exchange Commission, MDU Resources, Adobe Systems, Wrestling Entertainment, Southwest Gas, Constellation Energy, Algonquin Power Locations: Catalent, Somerset , New Jersey, MDU, Arizona , California, Nevada

☆ Canada's Algonquin mulls sale of renewable energy unit, CEO exits
▼ + stars: | 2023-08-10 | by ( Tanay Dhumal | ) www.reuters.com time to read: +2 min

Aug 10 (Reuters) - Canada's Algonquin Power & Utilities (AQN.TO) on Thursday announced the resignation of CEO Arun Banskota and said it was considering a sale of its renewable energy unit, after activist firms urged action to reduce debt and boost earnings. The decision to divest comes months after the company initiated a strategic review of the renewable energy division, following a push for changes by activist firms including Corvex Management and Starboard Value. Algonquin said it had received interest for the renewable energy unit, but did not provide financial details or timelines for any potential deals. The company said on Thursday JPMorgan (JPM.N) would act as its financial advisor for the possible sale of the renewable energy unit, which includes all of the company's non-regulated operating and development power generation assets. Algonquin also posted a wider second-quarter loss of $253.2 million, compared with a loss of $33.4 million a year earlier.

Persons: Arun Banskota, Christopher Huskilson, Nelson Ng, Tanay, Milla Nissi Organizations: Algonquin Power & Utilities, Thursday, Corvex Management, Capital, JPMorgan, Thomson Locations: Algonquin, Bengaluru

☆ Public pools are disappearing across America
▼ + stars: | 2023-07-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Yet just as public pools become more important than ever, they’re disappearing from sight. Today, the city has five public pools for a population of around 640,000, ranking 89 out of the largest 100 cities in swimming pools per person, according to Trust for Public Land, an advocacy organization for public parks and land. Private pools, like these in Southern California, have replaced public pools in recent decades. When America built poolsWhile public pools are a rarer sight today, governments built enormous pools during the twentieth century. Hannah Beier/ReutersBut the loss of public pools cannot be picked up fully by private pools or non-profit groups.

Persons: Gerome Sutton, ”, Sutton, ” Sutton, Matt Stone, won’t, Tammy Hawkins, We’ve, Andrew Kahrl, “ We’ve, ” Kahrl, Mario Tama, Jeff Wiltse, Robert Moses, ” Wiltse, Victoria Wolcott, Louis, Walcott, Whites, Martin Luther King Jr, ’, Funtown, suburbanites, John Cornell, Wolcott, Kahrl, Kevin Roth, It’s, Hannah Beier, LaShandra Logan, “, ” Logan Organizations: New, New York CNN, National Weather Service, YMCA, Public, Courier, USA, Aqua, Louisville, University of Virginia, National Recreation and Park Association, University of Montana, ”, Hulton, York, federal, Project Administration, San, University at Buffalo, ” Police, D.C, Kerner Commission, The Old, The Old Westbury Country Club, Newsday, Getty, Whites, Recreation and Park Association, Reuters Locations: New York, Louisville , Kentucky, Algonquin, Louisville, West Louisville, Cypress St, America, Southern California, America —, “, New York City, San Francisco, St, Louis, Baltimore, Washington, Los Angeles, Cincinnati, Augustine , Florida, White suburbs, The, The Old Westbury, Mississippi, Cleveland, California, Parks

☆ Activist Starboard prepares the groundwork to reduce leverage and build value at Algonquin Power
▼ + stars: | 2023-07-08 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Algonquin Power is a renewable energy and utility company that provides energy and water solutions and services in North America and internationally. Algonquin Power is a utility company based in Canada with most of its assets in the United States. Instead, the acquisition would have added to an already over-leveraged balance sheet, putting Algonquin Power in an even less stable financial position. So, companies like Algonquin Power will close facilities and retire equipment and build new facilities and buy new equipment that can be added back into the rate base. Algonquin Power is a holding in the fund.

Persons: Arun Banskota, Ken Squire, Squire Organizations: Algonquin Power, Algonquin Power's, Kentucky Power, Federal Energy Regulatory, JPMorgan, 13D, Algonquin Locations: Algonquin, North America, Canada, United States, EBITDA

☆ Starboard Builds Stake in Algonquin Power
▼ + stars: | 2023-06-30 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: algonquin

☆ Keith Meister’s Corvex Management bets on Amazon, slashes other big tech holdings
▼ + stars: | 2023-05-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Keith Meister's Corvex Management scooped up shares of Amazon during the first quarter, while slashing its stakes in technology giants Alphabet and Microsoft . Meister also bought shares of Endeavor Group , a position worth $44.9 million at the end of the first quarter. Other new bets from Corvex included a $22.7 million position in Uber Technologies and a stake in Algonquin Power . Prior to launching Corvex, Meister worked closely with legendary activist investor Carl Icahn. At the end of the first quarter, Corvex managed about $2.9 billion in regulatory assets, according to securities filings.

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ After a wild, losing week for stocks, investors brace for more market-moving data
▼ + stars: | 2023-03-11 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

But PPI readings can predict the direction of future consumer price readings. High interest rates hurt because they increase monthly costs, but it's the lack of supply that contributes to elevated list prices. If we can get inflation down while seeing other economic indicators hold up, the likelihood of a soft landing increases. ET: Industrial Production & Capacity Utilization Looking back It was a tough week for stocks, with the Dow falling 4.4% in its worst showing since June. Under the hood, all sectors finished lower for the week, led down by financials and followed by materials and real estate.

First Nations ice fishermen risk going out on ice as climate change affects the quality of the ice. He blames climate change for the unseasonal weather and worries ice fishing season will only get shorter in future. "People tell us across the board they would like more traditional food but there are barriers, and one of them is climate change," Batal said. Families in communities like Kitigan Zibi wind up spending more in grocery stores to supplement their diet. Reporting by Blair Gable in Kitigan Zibi and Nia Williams in British Columbia Editing by Denny Thomas and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

☆ UBS says seek income as market upside is over and names 10 attractive dividend payers
▼ + stars: | 2023-02-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Here's 10 that made the list: AT & T made the list with a dividend yield of 5.5%. UBS has a buy rating on the telecommunications stock with a price target of $24, implying 10.7% upside over Thursday's close. Also rated a buy, UBS raised its price target by $2 in January to $56. American Electric Power , meanwhile, has a 3.6% dividend yield. UBS has a buy rating and a $113 price target, meaning the utility could rally 19.5% from Thursday's close.

☆ Cramer's lighting round: Energy Transfer is a very good stock
▼ + stars: | 2023-01-10 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

... We have pulled back a little bit [for the Charitable Trust]." Loading chart...Algonquin Power & Utilities Corp : "Let us do more work and come back." Loading chart...Energy Transfer LP : "ET is actually a very good stock. ... Times change and it's become a better, better stock." Disclaimer: Cramer's Charitable Trust owns shares of Nvidia.

More than 1.5 million homes and businesses lost power, oil refineries in Texas cut gasoline and diesel production on equipment failures, and heating and power prices surged on the losses. Oil and gas output from North Dakota to Texas suffered freeze-ins, cutting supplies. Freeze-ins - in which ice crystals halt oil and gas production - this week trimmed production in North Dakota's oilfields by 300,000 to 350,000 barrels per day, or a third of normal. Power prices on Texas's grid also spiked to $3,700 per megawatt hour, prompting generators to add more power to the grid before prices fell back as thermal and solar supplies came online. That is the biggest drop in output since the February 2021 freeze knocked out power for millions in Texas.

☆ U.S. natgas futures jump 7% in volatile week on cold forecasts
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +4 min

Freeport LNG submitted a draft Root Cause Failure Analysis to the Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Nov. 1, according to sources familiar with the filing. Freeport LNG, however, has not yet submitted a request to resume service. Prism Brilliance, Prism Diversity and Prism Courage were waiting off the coast from the plant, and Prism Agility was expected to arrive around Nov. 29. In what has already been an extremely volatile week, front-month gas futures rose 42.5 cents, or 7.1%, to settle at $6.400 per million British thermal units (mmBtu), the highest close since Oct. 14. With the coming of seasonally colder weather, Refinitiv projected average U.S. gas demand, including exports, would rise from 97.6 bcfd this week to 100.1 bcfd next week and 119.0 bcfd in two weeks.

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