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The CEO of Meta dressed up as Keanu Reeves' John Wick, complete with a wig, suit, and tie. "When your house full of girls decides to be ballerinas, be John Wick," he wrote on Instagram. "When your house full of girls decides to be ballerinas, be John Wick," Mark Zuckerberg, Meta CEO, wrote on Instagram on Thursday. In his post, Zuckerberg was photographed wearing a black suit and tie resembling the titular character from Keanu Reeves' "John Wick" film franchise. AdvertisementThere are four movies in the "John Wick" series, and it's grossed over a billion dollars at the worldwide box office.
Persons: Mark Zuckerberg, Meta, Keanu Reeves, John Wick, , Zuckerberg, Instagram, Priscilla Chan, Zuckerberg's, Harry Potter, Albus Dumbledore, Reeves, Ana de Armas, Chad Stahelski, David Leitch, they'd, Eva Longoria, Stahelski, BI's Jason Guerrasio Organizations: Service, Meta, Business, it's
Chief, a networking and growth organization for executive women, has cut staff. AdvertisementChief, a networking organization for women in executive positions, has cut staff across the company in a restructuring effort. Chief describes itself as the nation's largest network of senior executive women. In April 2023, Chief laid off 14% of its staff during what the founders called in an email to staff a "challenging macroeconomic environment," TechCrunch reported at the time. "Our vision remains the same — to build the most powerful network of executive women and maximize their leadership impact," the spokesperson said.
Persons: , Carolyn Childers, Lindsay Kaplan, CapitalG Organizations: BI, Service, Business, TechCrunch Locations: London
Stellantis CEO Carlos Tavares says automakers will have a tough time if the EV transition slows. "Making a transition for EVs longer is a big trap," Tavares said. AdvertisementAutomakers will find themselves in a "big trap" if the industry's transition toward electric vehicles slows down, Stellantis CEO Carlos Tavares said on Monday. "Making a transition for EVs longer is a big trap," Tavares said. AdvertisementSeveral auto chiefs have raised concerns about the rise of Chinese automakers.
Persons: Carlos Tavares, Tavares, , It's, Stellantis didn't, William Roberts, BI's Tom Carter, Dylan Khoo, BI's Carter, EVs, Khoo, Jim Farley, Ola Källenius, Källenius Organizations: Service, Financial Times, Paris, Financial, Chrysler, Fiat, Maserati, Peugeot, Business Insider, European Automobile Manufacturers ' Association, Rho Motion, ABI Research, Research, BI, Street, Benz, Berlin Global Locations: Europe, Germany, Thailand, Brazil, China
Read previewMark Cuban and Elon Musk have often sparred on X, Musk's social media platform. But Cuban says he does get the Tesla and SpaceX chief's sense of humor. Musk, for his part, likes to believe he's often engaging in harmless trolling on his social media platform, once proclaiming himself the Chief Troll Officer. Related storiesThe comment sparked a probe from the Secret Service, according to Bloomberg, which filed a Freedom of Information Act request with the agency for any documents referencing Musk's post. "We can say, however, that the Secret Service investigates all threats related to our protectees."
Persons: , Cuban, Elon Musk, Brian Tyler Cohen, Taylor Swift, Kamala Harris, that's, Cohen, it's, Musk, Tesla, Donald Trump Organizations: Service, SpaceX, Business, Elon, Securities, Exchange Commission, Bloomberg
The chief's mess then kept access to the Starlink network — which they named "STINKY" — only to themselves, Navy Times reported. AdvertisementWhen junior sailors and commanding officers began noticing the WiFi network, Marrero denied its existence, according to Navy Times. The Starlink dish was eventually discovered on August 18 by a civilian installing a separate, authorized satellite communication system. Advertisement"The gig is up," Marrero texted a crew member at the time, according to the investigation seen by Navy Times. Navy Times reported that Marrero admitted to her commanding officer on August 26, 2023, that she had installed the illegal WiFi network.
Persons: , Grisel Marrero, Marrero, aren't, " Marrero texted, didn't Organizations: Service, US Navy, USS, Navy, Business, Navy Times, Manchester Locations: USS Manchester, Manchester
Read previewElon Musk's former partner, Grimes, has spoken out in support of the Tesla chief's daughter, Vivian Jenna Wilson. "I love and am forever endlessly proud of Vivian," Grimes wrote in an X post on Thursday. It's notable that in her support of Wilson, Grimes referred to her as "Vivian." AdvertisementWilson is one of the 12 children that Musk shares with three different women — his ex-wife, Justine Musk, Grimes, and Neuralink executive Shivon Zilis. AdvertisementRepresentatives for Musk and Grimes did not immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Elon Musk's, Grimes, Tesla, Vivian Jenna Wilson, Vivian, lamm, " It, ong Organizations: Service, Business Locations: Wil, usk
Former President Donald Trump recounted the assassination attempt that nearly killed him during his Republican National Convention acceptance speech in Milwaukee on Thursday night. "I'm not supposed to be here tonight," said a somber Trump, with a bandage covering his right ear, which was nicked by a bullet. Trump also expressed his "gratitude to the American people for your outpouring of love and support following the assassination attempt." Former US First Lady Melania Trump waves as she arrives and US Senator from Ohio and 2024 Republican vice presidential candidate J.D. Vance applauds during the last day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 18, 2024.
Persons: Donald Trump, I'm, Trump, Corey Comperatore, Kamil Krzaczynski, Joe Biden, Biden, Brian Snyder, Reuters Biden, Melania Trump, J.D, Vance applauds, Andrew Caballero, Reynolds Organizations: Republican, Convention, AFP, Getty, Democrat, Democratic, Republican National Convention, Reuters, Trump, US, RNC Locations: Milwaukee, Butler Township , Pennsylvania, Milwaukee , Wisconsin, U.S, South America, Africa, Asia, Ohio, United States
"The beginning of bull markets has this really incredible trajectory," Demmert said in a recent interview. AdvertisementA slew of catalysts, including investors' fear of missing out, will drive the S&P 500 to 6,000 by year's end, Demmert predicted. "This whole thing ends, eventually, very ugly, but I think that's years away — not months," Demmert said. So we start a new business cycle; new bull market. AdvertisementEconomic cycles usually go for seven to eight years, Demmert said, and this bull market began two Octobers ago.
Persons: , James Demmert, Demmert, I'm, inflation's, there's, We're, that's, Scott Organizations: Service, Main, Research, Business, Federal Reserve, Bears Locations: Wall, Japan, India, China
The most bullish year-end target for the S&P 500 was 5,100, which represented solid upside of about 7% from where it ended the year. Those predictions look paltry in hindsight, as the S&P 500 finished the first half of the year up 14.5% at 5,460. Bulls are getting bolder, but risks remainIn response, several major firms have boosted their year-end S&P 500 targets in recent months. AdvertisementGoldman Sachs recently shared earnings growth projections for the 100 biggest stocks in the S&P 500, both for this year and next. Below are those 14 large-cap stocks expected to grow earnings by at least 25% next year, along with each one's ticker, market capitalization, and 2024 and 2025 earnings growth estimates.
Persons: , Goldman Sachs, Morgan Stanley, Oppenheimer's John Stoltzfus, David Kostin, Kostin Organizations: Service, Business, Bulls, BMO Capital Markets, Deutsche Bank, Apple, Meta, Microsoft, Nvidia —
Read previewMark Zuckerberg has certainly stunned the world with his transformation from a hoodie-loving nerd to a chain-wearing tech bro. Mark Zuckerberg emails Peter ThielJanuary 4, 2020 pic.twitter.com/0oqreeFKUO — Internal Tech Emails (@TechEmails) July 7, 2024Interestingly, Zuckerberg wasn't the only one who saw himself as a youth icon. The company has seen increased competition from the likes of TikTok, which hooked users with its focus on short-form videos. Zuckerberg wrote in his post. AdvertisementThe image makeover has also delivered a huge PR boost for Zuckerberg, who wasn't always seen as the coolest guy in tech.
Persons: , Mark Zuckerberg, Peter Thiel, Zuckerberg, millennials, Jonathan Skrmetti, Thiel, I'm, might've, hydrofoiling, wasn't, Daniel Ek, Forbes, Ek, He's, he's, Zuckerberg didn't Organizations: Service, Facebook, Business, Meta, BI Locations: Tennessee, USA, Cambridge
Markets typically respond to Fed comments with price swings in either direction, and recent research shows they are particularly reactive to Powell. And given the Fed's "data-dependent" approach, the baseline can change rapidly as new economic reports are released. "So now we're stuck with a system where there's only one view, there's only one outlook, it's a baseline outlook. And there's really no way to understand the Fed's thinking about where are the risks." Watch the video above to learn more about how the Fed's busy speaking schedule can create market volatility and how it balances transparency with market impact.
Persons: Jerome Powell, Powell, Andrew Levin, , Levin, Ben Bernanke Organizations: Fed, Federal, Center for Economic Policy Research, Dartmouth College, Federal Reserve Locations: Federal, what's
Amazon CEO Andy Jassy violated federal labor law in comments he made to media outlets about unionization efforts at the company, a National Labor Relations Board judge ruled Wednesday. NLRB Administrative Law Judge Brian Gee cited interviews Jassy gave in 2022 to CNBC's "Squawk Box," Bloomberg Television and at The New York Times' DealBook conference. At the DealBook conference, Jassy said that without a union the workplace isn't "bureaucratic, it's not slow." The NLRB filed the complaint against Amazon and Jassy in October 2022. But the Amazon chief's other remarks that employees would be less empowered and "better off" without a union violated labor law, "because they went beyond merely commenting on the employee-employer relationship."
Persons: Andy Jassy, Brian Gee, Jassy, Gee, Mary Kate Paradis, Paradis Organizations: National Labor Relations, NLRB, Bloomberg Television, The New York Times, CNBC, Bloomberg, Amazon Locations: Amazon's
Mark Zuckerberg just dropped Meta's new AI models. Bt what Llama 3 does not do is beat OpenAI's GPT-4. AdvertisementPerhaps the most important detail was that Meta's open-source models will soon be on par with their closed-source counterparts. For open-source AI developers, that'll be a huge deal. The AI models they were working on looked pretty rudimentary as recently as last year as they struggled to complete sentences without repeating themselves.
Persons: Mark Zuckerberg, OpenAI's GPT, , Meta, Nick Clegg, Claude, OpenAI's, that'll, Sharon Zhou, Sam Altman's, Sam Altman, Justin Sullivan, Google's, That's, Jim Fan, Altman, Zuckerberg, Gary Marcus Organizations: Service, Financial, Google, GPT, Nvidia, Facebook, New York University
Nine Google workers were arrested on trespassing charges Tuesday night after staging a sit-in at the company's offices in New York and Sunnyvale, California, including a protest in Google Cloud CEO Thomas Kurian's office. Anderson had flown to Sunnyvale for the protest in Kurian's office and was one of the workers arrested Tuesday. Last month, Google Cloud engineer Eddie Hatfield interrupted a keynote speech from the managing director of Google's Israel business stating, "I refuse to build technology that powers genocide." The Israeli Ministry of Defense reportedly sought consulting services from Google to expand its access to Google Cloud services. "A small number of employee protesters entered and disrupted a couple of our locations," a Google spokesperson told CNBC.
Persons: Thomas Kurian's, Cheyne Anderson, Anderson, Eddie Hatfield, Hatfield, Israel, Ariel Koren, It's, Hasan Ibraheem, Ibraheem, Googlers Organizations: Google Cloud, Apartheid, Google, CNBC, Hamas, enclave's Health Ministry, Israeli Ministry of Defense, The New York Times, Security, New, Sunnyvale Locations: New York, Sunnyvale , California, Sunnyvale, Seattle, Washington, Israel, Gaza, South Africa, York, New York City
WWE and its parent company, TKO, have said that they take Grant's allegations "very seriously." Staying in touchMcMahon has also talked to Trump, according to two of the people close to the wrestling impresario. The two billionaires have been in touch regularly, according to a person close to McMahon, although it isn't clear what they've discussed. Another person close to McMahon said that the two men don't discuss their legal problems and that Trump doesn't provide legal advice. Publicly, Johnson has thanked TKO and WWE executives regarding his addition to the TKO board earlier this year.
Persons: Vince McMahon, Donald Trump, Mark, McMahon, Janel Grant, he's, hasn't, Mark Shapiro, doesn't, McMahon hasn't, Paul, Levesque, Stephanie McMahon, wasn't, Jessica Rosenberg, Grant's, Jan, John Laurinaitis, Janel, couldn't, Ann Callis, Grant, Nicholas Biase, Linda McMahon, McMahon's, Bill Pugliano, Donald J, Trump, Dwayne, Johnson, John Cena, Cena, Howard Stern, I'm, William Morris, Cena didn't, Endeavor Group's, Ari Emanuel, Brendan Mcdermid Organizations: WWE, Austin Straubel, Getty, World Wrestling, NBC News, CNBC, Triple, Federal, U.S, Attorney's, Southern, of, Trump, WWE Hall of Fame, PAC, Trump Media, Technology Group, Street Journal, Trump Foundation, Hollywood, William, William Morris Endeavor, Endeavor Group, Endeavor, Endeavor Group's UFC, Longtime Hollywood, New York Stock Exchange Locations: Green Bay , Wisconsin, United States, Caicos, Italy, of New York, Connecticut, Manhattan, Atlantic City, Trump's, York, New York City, U.S
Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich on March 29, 2023. UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return at the helm of the Swiss banking giant, following its takeover of stricken rival Credit Suisse. Hamers earned 12.6 million Swiss francs in 2022 during his last full year as CEO, according to UBS' annual report published on Thursday. In total, the bank's executive board picked up a 140.3 million Swiss franc pay package in 2023, a significant increase from the previous year's 106.9 million francs. UBS shares have gained more than 52% since Ermotti took the reins on April 5, 2023.
Persons: Sergio Ermotti, Colm Kelleher, Ermotti, Ralph Hamers, Hamers Organizations: UBS, Credit Suisse Locations: Zurich, Swiss
Bing chief Mikhail Parakhin is leaving the role and will report to Microsoft's CTO in the meantime. The reorganization comes days after Satya Nadella tapped Mustafa Suleyman to lead its AI efforts. Days after Satya Nadella announced he was bringing Inflection AI's cofounder Mustafa Suleyman into the mix as its EVP and CEO of Microsoft AI, Mikhail Parakhin has "decided to explore new roles." Related storiesParakhin, who led the company's Bing search engine and advertising businesses, will report to Microsoft CTO Kevin Scott. AdvertisementMicrosoft has built AI into its Bing search engine and created other AI tools for Windows and Office under the Copilot brand over the last year.
Persons: Bing, Mikhail Parakhin, Parakhin, Satya Nadella, Mustafa Suleyman, , Kevin Scott, Pavan, Rajesh Jha, Microsoft's, Satya, Nadella, Suleyman, Karén Simonyan, Simonyan, Nadella's, Microsoft didn't Organizations: Service, Microsoft, Google, Windows, Bloomberg
Elon Musk took his son X AE A-XII to a Tesla factory in Germany as it reopened after a power cut. The factory had been without power for nearly a week due to a fire at a nearby pylon. Musk and his son were seen together amid the Tesla chief's custody battle with Grimes. AdvertisementElon Musk took his son X AE A-XII to a Tesla factory in Germany this week as his custody battle with Grimes over their children continues to play out. The Tesla CEO was spotted carrying X AE A-XII on his shoulders as he visited the site.
Persons: Elon Musk, X, Grimes, Organizations: Service, Business Locations: Germany
SAO PAULO (Reuters) - Brazil's President Luiz Inacio Lula da Silva said on Monday that there is no explanation for keeping the country's benchmark interest rate at the current 11.25% level apart from the "stubbornness" of central bank president Roberto Campos Neto.
Persons: Luiz Inacio Lula da Silva, Roberto Campos Neto Organizations: SAO PAULO, Reuters
By Tora AgarwalaGUWAHATI, India (Reuters) - At least two people were killed and scores injured in India's northeastern Manipur state after security forces opened fire at a mob in Churachandpur district late on Thursday, a police official said, as sporadic violence continued in the region. Churachandpur, home to the Kuki-Zo community, was among the first areas in the state to witness ethnic clashes when violence first erupted in May. About 400 people stormed the district police chief's office at around 7.30 p.m. (1400 GMT), demanding the order be revoked. The official said about 25 people were injured, and were being treated in hospital. The Indigenous Tribal Leaders' Forum (ITLF), an apex tribal body, warned district police chief Shivanand Surve, who had issued the suspension order, to leave Churachandpur within the next 24 hours.
Persons: Tora Agarwala, Shivanand Surve, Sudipto Ganguly, Kim Coghill Organizations: Security, Authorities, Indigenous Tribal Leaders ' Locations: Tora Agarwala GUWAHATI, India, India's, Manipur, Churachandpur, Kuki, Myanmar
Strong earnings, or rate cuts? Instead of worrying about weak earnings growth and persistently high interest rates, investors are now counting on the opposite. Markets should cut their expectations by half and prepare for mid-single-digit profit growth and three to four rate cuts, Doll said. At that point, a flurry of rate cuts from the Fed wouldn't be enough to save stocks, the Crossmark CIO said. However, there are two mega-cap growth stocks that Doll is enamored with: Meta Platforms ( META ) and Microsoft ( MSFT ).
Persons: , Bob Doll, Doll, who's, . Doll, they're, I'm Organizations: Service, Global Investments, Business, Federal Reserve, BlackRock, Consumer, Microsoft, IBM Locations: Nuveen, What's
Read previewYes, "the Taylor Swift effect" is real. "Uber definitely ups its game for Taylor when she comes to town," Uber CEO Dara Khosrowshahi said in a Wednesday interview on CNBC's "Squawk Box." AdvertisementUber isn't the only company to make note of the "Taylor Swift effect." Not every company is happy with the Taylor Swift hype, however, Best Buy CEO Corie Barry said in October that consumer spending on Swift's concerts may be lowering her company's profits. "When you're talking about billions of trips, we're almost at 10 billion trips, you know Taylor Swift is a positive but it's not enough to show in the overall trends," he said, discussing Uber's fourth-quarter earnings.
Persons: , Taylor Swift, Taylor, Uber, Dara Khosrowshahi, Khosrowshahi, Swift, Travis Kelce, Roger Goodell, Corie Barry, Barry Organizations: Service, Uber, Business, Bank of America, Mastercard, Kansas City Chiefs, NFL, CBS, Chiefs, AFC Championship, Ravens, Bills, Swift Locations: Pittsburgh, Philadelphia, we're
To keep Earth from overheating too much, the nations of the world need to put fewer loopholes in climate agreements and far more money — trillions of dollars a year — into financial help for poor nations, the United Nations climate chief said Friday. In an unusual and blunt lecture at a university in Baku, Azerbaijan, the host city of upcoming international climate negotiations later this year, United Nations Climate Change Executive Secretary Simon Stiell called gains made in the past not nearly enough. Richer nations have promised less than 5% of that amount in climate financial help to poor nations — and they often haven't even delivered that much. “It's already blazingly obvious that finance is the make-or-break factor in the world's climate fight,” Stiell said. “The time has passed for business-as-usual in all aspects of the world's climate fight,” Stiell said.
Persons: Simon Stiell, , Stiell, Richer, “ It's, ” Stiell, Anne Rasmussen, Jean Su, Su, Joanna Depledge, ___ Read, Seth Borenstein Organizations: United Nations, United, Climate Finance, United Arab Emirates, , Biological Diversity, Cambridge University, Climate, Associated Press Locations: United, Baku, Azerbaijan, United Nations, China, Nations, Brazil, Grenada, United Arab, United States, England, Dubai, AP.org
Ukrainian President Volodymyr Zelenskyy is reportedly preparing to replace army chief Valeriy Zaluzhnyi in what would be the biggest shake-up of the country's military command since Russia's full-scale invasion nearly two years ago. Commander-in-Chief of the Armed Forces of Ukraine Valerii Zaluzhnyi during an event dedicated to Ukraine's Independence Day on August 24, 2023 in Kyiv, Ukraine. They said that Ukraine's president may not oust Zaluzhnyi for some time, however. Ukraine's Defense Ministry on Monday appeared to reject speculation about the army chief's position, saying in Google-translated remarks via Telegram, "Dear journalists, we immediately answer everyone: No, this is not true." Ukraine's Defense Ministry did not immediately respond to CNBC's request for comment.
Persons: Volodymyr Zelenskyy, Valeriy, Ukraine Valerii, Zaluzhnyi, Zelenskyy's, Zelenskyy Organizations: Armed Forces, Financial Times, Ukraine's Defense, Google, Ukraine's Defense Ministry Locations: Ukraine, Kyiv, Zelensyy, Russia
You'll find all the links below if you're looking for the latest on where and how to buy Super Bowl tickets in 2024 for Chiefs vs. 49ers. If you just want to browse Super Bowl tickets right now, here are the links you need. How to buy Super Bowl ticketsHeading online is the way to go for buying Super Bowl tickets. The 2024 Super Bowl tickets are on sale now, and the longer you leave them, the more expensive they'll get. Super Bowl 2024 will hosted by Las Vegas this year at the Allegiant Stadium, the home of the Las Vegas Raiders.
Persons: we've, Adele, scalping, Taylor Swift, Travis Kelce, We've, It's, Harry Reid Organizations: Super, Chiefs, 49ers, Vividseats, Ticketmaster, Caesars, eBay, Facebook, Super Bowl, Bowl, Sunday's AFC, Las, Las Vegas Raiders, of, Vegas, Harry Reid International Airport, Las Vegas Locations: Las Vegas, Vegas, StubHub, of Nevada, Japan, Airbnbs, Sin City
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