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And now, as Trump continues to fill out the upper echelons of his transition and administration, some key donors appear to be in the fray. Chris Wright, the Liberty Energy CEO tapped to be Trump’s energy secretary, gave the campaign and affiliated committees more than $235,000. Marc Rowan, the billionaire CEO of Apollo Global Management, gave $1 million to Right for America, a pro-Trump super PAC. The super PAC also ran a controversial program that gave away $1 million checks to swing-state voters who signed Musk's petition. (His father, Charles Kushner, who was pardoned by Trump, gave that same amount, plus another $1.2 million to a pro-Trump super PAC).

Persons: megadonors, Donald Trump's, Trump, Linda McMahon, McMahon's, Howard Lutnick, Lutnick, Chris Wright, Scott Bessent, Marc Rowan, Elon Musk, Musk, Ike Perlmutter, Jared Kushner, Trump's, Charles Kushner, Tim Mellon, Miriam Adelson, megadonor Sheldon Adelson Organizations: Trump's Small Business Administration, Trump, Inc, MAGA Inc, Commerce Department, Liberty Energy, NBC, Treasury Department, Apollo Global Management, Street, Treasury, America PAC, PAC, Marvel Entertainment, America, Dallas Mavericks Locations: America

☆ The trader guide to the election: Which stocks Wall Street expects to benefit under Trump or Harris
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.

Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, —, Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China

☆ Five Below, Walmart and the other retail stocks that are the most vulnerable to Trump's tariffs
▼ + stars: | 2024-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Analyst Ike Boruchow and the bank's consumer team found the tariffs proposed by the Republican nominee are likely a significant challenge for retailers. High tariffs would be the latest hit after what has already been a tough year, with shares of the value-focused retailer diving 59% in 2024. Target is an even larger retailer that Wells Fargo is concerned will suffer from high tariffs enacted in a second Trump term. After this monster run, the average analyst only foresees further upside of about 2.5% for Walmart over the next year, the LSEG survey says. Still, the majority of analysts are unwilling to abandon the nation's largest retailer and hold buy ratings on Arkansas-based Walmart.

Persons: Donald Trump, Ike Boruchow, Trump, Boruchow, Wells, SPX Organizations: White, Republican, Wall, Trump, Walmart Locations: Wells, China, Minneapolis, Arkansas

☆ The US Navy's Eisenhower carrier strike group racked up over 100 drone and missile kills battling the Houthis
▼ + stars: | 2024-10-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The Dwight D. Eisenhower Carrier Strike Group spent months battling the Houthis in the Red Sea. The captain of the lead ship said the strike group destroyed over 100 Houthi threats during the deployment. AdvertisementA US Navy carrier strike group that battled Houthi threats in the Red Sea for months destroyed over 100 missiles and drones during its deployment. The Dwight D. Eisenhower Carrier Strike Group was on the front lines throughout much of the US military's ongoing campaign against the Houthis. The Eisenhower strike group fired nearly 800 munitions during its deployment, which began last fall and wrapped up in July.

Persons: Dwight D, —, Chris Hill, Eisenhower, Hill, Merissa Daley, Ike, Adm, George Wikoff, Wikoff Organizations: Eisenhower Carrier Strike Group, Service, US Navy, Eisenhower Carrier Strike, Military Reporters, Conference, Navy, Hornet, Attack Munitions, 5th Fleet Locations: Red, Iran, Yemen, Washington

☆ Two Navy pilots killed in jet crash had recently returned from Middle East deployment
▼ + stars: | 2024-10-21 | by ( Oren Liebermann | ) edition.cnn.com time to read: +3 min

Lyndsay P. Evans, 31, and Lt. Serena N. Wileman, 31, were killed after their EA-18G Growler fighter jet crashed on Tuesday. She was also awarded three Strike Flight Air Medals for contributing to missions flown between last December and March. Because of poor weather conditions and difficult terrain, the search for their downed fighter jet took three days. Search and rescue teams ultimately found the remains of the aircraft in a “remote, steep, and heavily-wooded area” at about 6,000 feet east of Rainier, the Navy said. The two often flew together on an EA-18G, according to the Navy, a modified version of an F/A-18 fighter jet.

Persons: Cmdr, Lyndsay, Evans, Serena, Dwight D, Eisenhower, Chris “, Ike, ” Wileman, ”, Miley, Aron Montano, US Navy Evans, “, ” Evans, Seattle’s King, Wileman Organizations: CNN, Naval, EA, Electronic Attack, Navy, Carrier Air, US Navy, Luke Air Force Base, Houthi Locations: Mount Rainier, Washington State, Yemen, Iran, Arizona, Rainier

☆ US Navy aviators killed in stateside Growler fighter jet crash flew combat strike missions off a carrier in the Red Sea fight
▼ + stars: | 2024-10-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Two US Navy aviators were killed last week when their fighter jet crashed during a training flight. The Navy on Monday identified the two aviators as Lt. Cmdr. Evans and Wileman had recently returned from flying combat missions against the Houthis. AdvertisementThe two US Navy aviators who were killed in a fighter jet crash in the United States last week had recently returned from flying combat missions against the Houthis. AdvertisementAnd Wileman was awarded three Strike Flight Air Medals for her role in combat missions between December and April.

Persons: Cmdr, Lyndsay Evans, Serena Wileman, Evans, Wileman, —, Dwight D, Eisenhower, Lyndsay, Miley, Serena, Ike, Houthi aggressions Organizations: US Navy, Navy, Service, US, EA, Navy's Carrier Strike, Electronic, Boeing, Eisenhower, . US Navy, Coalition Locations: United States, Washington's Mount Rainier, Yemen, Houthi, Arabian, Iran

☆ Hurricane Milton’s losses of up to $34 billion could make it one of the costliest storms in US history
▼ + stars: | 2024-10-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage. Most insured flood damage is covered by the National Flood Insurance Program (NFIP), run by the Federal Emergency Management Agency. Homeowners who live in areas at high risk of flooding are often required by their mortgage lender to have flood insurance. The Milton losses will likely total far below CoreLogic’s estimated losses of up to $47.5 billion from Hurricane Helene, which came only two weeks before Milton. The lower end of the insured losses estimate from CoreLogic would be $17 billion, with $13 billion of wind damage covered by homeowners and business insurance , and $4 billion of insured flood losses.

Persons: Hurricane Milton, ”, Daniel Betten, Milton, “, Tom Larsen, Hurricane Helene, Ike, Helene Organizations: New, New York CNN, tornados, National Flood Insurance, Federal Emergency Management Agency, Homeowners, Hurricane, Insurance Information Institute, Florida Gulf, Citizens Property Insurance Corp Locations: New York, Hurricane Milton, Florida, United States, Sarasota, Tampa, CoreLogic, Hurricane, Florida Gulf Coast

☆ GOP megadonors open their wallets for Trump: From the Politics Desk
▼ + stars: | 2024-10-16 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

Three Senate Democratic candidates — Ohio Sen. Sherrod Brown, Maryland’s Angela Alsobrooks and Michigan Rep. Elissa Slotkin — raised more than four times as much as their Republican opponents during that period. In 2016, Trump lost the core Democratic states by 22 points, and in 2020, he lost them by 24 points. In this most recent poll, Trump was losing the core Democratic states by only 13 points. In 2016, Trump won the core GOP states by 18 points, and in 2020, his margin in the red states was 16 points. Read more → Follow live coverage from the campaign trail →That’s all from the Politics Desk for now.

Persons: Ben Kamisar, Bridget Bowman, Chuck Todd, Ben Kamisar Republican megadonors, Donald Trump, Kamala Harris, Miriam Adelson, Sheldon Adelson, Elon Musk, Marc Andreesen, Ben Horowitz, Ike Perlmutter, Richard Uihlein, Adelson, Harris, Musk, Trump, Horowitz, Perlmutter, Lara, Uihlein, Read, Ben →, lissa, ince, arris, huck, rena, huck →, hal, bate, Ted C Organizations: NBC, White House, Capitol, Electoral, Trump, Ben Kamisar Republican, Dallas Mavericks, Tesla, Marvel, Preserve, America, America PAC, Restoration PAC, Wisconsin Senate, Congressional, Trump MAGA Inc Locations: Preserve America, Maine, ried, ote

And that massive total doesn't include fundraising by the main pro-Trump super PAC, MAGA Inc., which will file its fundraising reports by Sunday. Adelson gave $95 million to Preserve America, a super PAC she’s almost entirely funded, during the third fundraising quarter, after previously giving the group $5 million in the prior quarter. Right for America, another pro-Trump group, raised $28 million last quarter — with multimillion-dollar checks from Andreesen, Horowitz and Perlmutter as well as Perlmutter's wife, Lara. The super PAC has spent heavily on the presidential race as well as on the Wisconsin Senate and Maine 2nd Congressional District campaigns. Harris has plenty of super PAC backup, too: Future Forward (known as FF PAC) had raised $200 million through August, while MAGA Inc. had raised $280 million.

Persons: megadonors, Donald Trump, Kamala Harris, Miriam Adelson, Sheldon Adelson, Elon Musk, Marc Andreesen, Ben Horowitz, Ike Perlmutter, Dick Uihlein, Adelson, Harris, Musk, Trump, Horowitz, Perlmutter, Lara, Uihlein, Dianne Hendricks, Harris ’, Joe Biden, —, it’s Organizations: Trump, Dallas Mavericks, Tesla, Marvel, MAGA Inc, Sunday, Preserve, America, America PAC, Restoration PAC, Wisconsin Senate, Congressional, Trump MAGA Inc, FF PAC, NBC, Harris, Democratic National Committee, Democratic Locations: Preserve America, Maine, Wisconsin

Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.

Persons: –, Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska

Storm surge is the abnormal rise in water levels during a storm, as heavy hurricane winds push a bulge of water toward shore as depths become shallower. On Tuesday, Milton "wobbled," according to an early evening forecast from the National Hurricane Center. “Milton has the potential to be one of the most destructive hurricanes on record for west-central Florida,” the National Hurricane Center said Tuesday in an advisory. Northeast Florida could get 3 to 5 feet of storm surge, the hurricane center projects. In 2008, Hurricane Ike pummeled the Texas Gulf Coast as a Category 2 storm and generated a 15-foot storm surge in Galveston Island.

Persons: ” Fritz, ” Chris Slocum, Hurricane Milton, Milton, wobbled, Karen Clark, “ Milton, ” Slocum, ”, ” Cathie Perkins, Ike pummeled Organizations: National Oceanic, Atmospheric Administration’s, Research, Hurricane, National Hurricane Center, U.S, , Pinellas County Emergency Management, NOAA, Texas Gulf Locations: Mexico, Tampa, “, Florida, Pinellas County, Clearwater, St, Petersburg, Northeast Florida, Louisiana, Texas, Texas Gulf Coast, Galveston Island

☆ Nell Smith, musician who collaborated with Flaming Lips, dies at 17
▼ + stars: | 2024-10-08 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Canadian musician Nell Smith, who collaborated with The Flaming Lips, has died at the age of 17. Simon Raymonde, co-founder of the record label Bella Union, confirmed her death on Instagram Monday. “We are all shocked and devastated to hear of the sudden and tragic passing of our artist and dear friend Nell Smith, over the weekend in British Columbia,” Raymonde wrote. The Flaming Lips during a concert Sunday in Portland, Oregon said she died in a car accident. “We have a very sad announcement to make tonight,” band leader Wayne Coyne said, according to video shared on social media.

Persons: Nell Smith, Simon Raymonde, “, ” Raymonde, “ Nell, Penelope, ’ Jack, Lily Wolter, ” Smith, Nick Cave, Wayne Coyne, ”, Jude, Rachel, Jed, Ike Organizations: Bella Union Locations: British Columbia, Brighton, Portland , Oregon, Canadian

☆ I was the only male student in my class at a school for nannies. I've wanted to be one since I was 14.
▼ + stars: | 2024-09-30 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

AdvertisementI felt so awkward the first time I held an infantWhen I was finally accepted to Norland, I was the only male student in a class of 300 future nannies. One enduring assumption is that all male nannies must be gay. I'm straight, and so is every other male nanny I've met. AdvertisementSome people are thrilled to have a male nanny, because they have boys. I'm not allowed to post the kids on social mediaI can't say much about the family I'm working with now.

Persons: Ike Robin, —, It's, nannying, I'd, There's, I've, Mary Poppins, we're, I'm Organizations: Norland College for nannies, Service, Nannytax, Norland College Locations: New York City, Brighton, South, England, Norland, New York, London

☆ Analysts say don't chase Nike pop on new CEO: 'There are probably no quick fixes'
▼ + stars: | 2024-09-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Nike's CEO is stepping down, and some on Wall Street appear to be lukewarm about the news. On Thursday after the bell, the sneaker giant announced that CEO John Donahoe will be retiring on Oct. 13. Wells Fargo maintained its overweight rating and increased its target by $9 to $95, implying more than 17% upside ahead. "We expect multiple expansion commensurate with Hill's hire — as leadership has been a large point of contention and controversy surrounding the stock," analyst Ike Boruchow wrote in a note. Bernstein, which has an outperform rating on Nike, expects the turnaround "will take time," but said market sentiment will be sympathetic.

Persons: John Donahoe, Elliott Hill, Jay Sole, Sole, Morgan Stanley, Alex Straton, Straton, Wells Fargo, —, Ike Boruchow, Bernstein, Aneesha Sherman Organizations: UBS, Nike, JD, Bank of America Locations: FL

☆ Before his death, Steve Jobs told Bob Iger to retire from Disney and try to enjoy the good things in life: report
▼ + stars: | 2024-09-09 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewBefore dying of pancreatic cancer in October 2011, the late Apple CEO Steve Jobs told his counterpart at Disney, Bob Iger to start planning his retirement. Jobs, Iger wrote in his memoir, played a critical role in Disney's acquisition of Marvel in 2009. In July 2023, Disney said that Iger's tenure as Disney CEO will run through 2026. Advertisement"The person that I think most of, that I was fortunate enough to have observed very closely, is Steve Jobs," Iger said of Jobs in an interview with Time magazine published in April 2023. Jobs, Iger told the magazine, had returned to Apple under "very different circumstances" than when he'd founded it.

Persons: —, Steve Jobs, Bob Iger, Jobs, Iger, Disney didn't, he'd, Ike Perlmutter, Marvel's, we'd, Ike, Steve Organizations: Service, Apple, Disney, New York Times, Business, Iger, Walt Disney Company, Pixar, Marvel, NeXT

☆ Photos show the USS Eisenhower carrier strike group's 9-month deployment leading the ferocious Houthi fight
▼ + stars: | 2024-07-27 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

Carrier USS Dwight D. Eisenhower recently returned home after a deployment for the history books. The aircraft carrier sailed on the front lines of the Red Sea fight against Houthi attacks. Photos show the Ike's twice-extended deployment in the Middle East. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA US Navy carrier and its strike group returned home earlier this month after a grueling nine months fighting Houthi rebels in the Red Sea.

Persons: Dwight D, Eisenhower, —, Houthi, Eisenhower's Organizations: Service, US Navy, Business Locations: Red, Yemen

☆ A US Navy fighter squadron scored a series of firsts fighting the Houthis from an aircraft carrier in the Red Sea
▼ + stars: | 2024-07-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewA US Navy fighter squadron that was recently attached to the aircraft carrier USS Dwight D. Eisenhower scored several historic firsts while flying combat missions against the Houthis. During its deployment, the fighter squadron — nicknamed the "Gunslingers" — racked up a number of firsts, the Navy revealed this month. AdvertisementSailors observe as an F/A-18E Super Hornet lands on the flight deck of the Eisenhower in the Red Sea on March 12. Related storiesThis fighter squadron was also the first to fire AGM-88 HARM missiles from an F/A-18E in combat. AdvertisementAn F/A-18E Super Hornet launches from the flight deck of the Eisenhower in the Red Sea on April 9.

Persons: —, Dwight D, Eisenhower, Ike, Truman, Travis Amerine Organizations: Service, US Navy, Strike Fighter Squadron, Business, Hornet, Navy, US, VFA, AIM, 9X, EA, Eisenhower Carrier Strike Locations: Gulf, Aden, Iran, Yemen, Virginia

☆ What to know about the 25th Amendment and Joe Biden as Republicans allege a ‘cover-up’
▼ + stars: | 2024-07-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Even before Biden dropped out of the race, Rep. Chip Roy, the Texas Republican, filed a resolution in June after the president’s disastrous debate performance, calling on the 25th Amendment to be used against Biden. After Biden withdrew from the race, Missouri Sen. Eric Schmitt, a Republican, wrote letters to Harris and the Cabinet officials in the Biden administration, asking them to remove Biden from office. To forcibly wrest power from a sitting president, the vice president would have to be on board, according to the text of the amendment. Why do we have the 25th Amendment? That was before the 25th Amendment, so there was no constitutional rule.

Persons: Joe Biden’s, –, Biden, Trump, Kamala Harris, Chip Roy, Mike Johnson, CNN’s Jake Tapper, “, ” Johnson, Missouri Sen, Eric Schmitt, Harris, ” Schmitt, Antony Blinken, Insurrectionists, Donald Trump, John Minchillo, Betsy DeVos, Mike Pence, Kevin McCarthy, recommitted, Nancy Pelosi, John F, Kennedy, Dwight D, Eisenhower, Kennedy slumps, Jacqueline Kennedy, Clinton Hill, Ike Altgens, Richard Nixon, Reagan Organizations: CNN, Democratic, Federal, Commission, Texas Republican, Republican, Trump’s, Republicans, USA, Trump Cabinet, New York Times, Trump, Reagan Locations: Missouri, Trump, Washington ,, Dallas

☆ Can Kamala Harris Finish Biden’s Climate Agenda?
▼ + stars: | 2024-07-23 | by ( Manuela Andreoni | ) www.nytimes.com time to read: +1 min

On Sunday, President Biden dropped out of the presidential race, clearing the way for Vice President Kamala Harris to take his place, and it’s now highly likely that she will be running against former President Donald J. Trump in November. Harris, as Lisa Friedman wrote, “has for years made the environment a top concern,” and earlier in her career took positions far to the left of Biden on climate change. This is partly why Harris is widely expected to continue the work Biden started if she is elected. Harris’s climate adviser, Ike Irby, told Friedman that the vice president would focus on implementation of the I.R.A. That may sound underwhelming, but experts told me it’s actually a pretty big challenge and key to hitting the U.S.’s climate goals.

Persons: Biden, Kamala Harris, it’s, Donald J, Trump, Harris, Lisa Friedman, “, polluters, Ike Irby, Friedman Organizations: Biden, Green, Deal, U.S

☆ Why we like this wait-and-see market — plus, our latest thinking on 3 portfolio names
▼ + stars: | 2024-07-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. One could say Wall Street is in wait-and-see mode ahead of earnings from the megacap tech stocks that start after the bell with Club holding Alphabet . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dover, Baird, China –, Estee Lauder, Ike Perlmutter, Nelson Peltz, We're, Perlmutter, he's, Peltz, Jim Cramer's, Jim Organizations: CNBC, Marshall Excelsior Company, Clean Energy, Marshall Excelsior, Nike, Burberry, Richemont, Swatch, Disney, Street, Enphase, Texas Instruments, Chubb, Seagate, Vertiv, GE Vernova, Boston Scientific, Jim Cramer's Charitable Locations: Michigan, Dover, China, Europe, U.S, Japan, Asia, Enphase Energy

☆ A US Navy carrier strike group fired nearly 800 missiles and bombs during its Red Sea fight against the Houthis
▼ + stars: | 2024-07-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUS Navy warships and aircraft attached to a carrier strike group that spent months battling the Houthis fired off nearly 800 munitions during their restless Middle East deployment. The Eisenhower strike group recently returned from its deployment, but another carrier, the Truman, and additional warships are replacing it. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordThe warships launched 155 Standard surface-to-air missiles, used to intercept missiles or drones, and 135 Tomahawk missiles, used to hit targets on land, during the deployment. REUTERS/Hamad I MohammedHowever, by mid-April, the Navy revealed that the strike group had already launched some $1 billion worth of missiles. The strike group returned to the US earlier this month, following what Navy officers and leaders described as an "unprecedented" and "historic" nine-month-long deployment.

Persons: —, Dwight D, Eisenhower, Truman, Jonathan Word, Ike, Hamad, Mohammed, Adm, George Wikoff Organizations: Service, Navy, Eisenhower Carrier Strike Group, Business, Eisenhower, Hornet, EA, REUTERS, 5th Fleet Locations: Iran, Gulf, Aden, Red, Yemen

☆ Opinion | NATO Has to Change. Here’s How.
▼ + stars: | 2024-07-07 | by ( Farah Stockman | ) www.nytimes.com time to read: +1 min

Gen. Dwight Eisenhower, NATO’s first supreme allied commander Europe, felt strongly that his mission was to get Europeans “back on their military feet” — not for American troops to become the permanent bodyguard for Brussels and Berlin. Of the $206 billion in military and nonmilitary aid allocated to Ukraine by countries around the world, $79 billion has come from the United States, according to the Ukraine Support Tracker database. Since about 1960, the United States’ share of allied G.D.P. has averaged roughly 36 percent, while its share of allied military spending has been more than 61 percent, according to a Cato Institute report. The supreme allied commander Europe has never been a European.

Persons: Ike, Dwight Eisenhower, NATO’s, —, ”, “ Organizations: NATO, Cato Institute Locations: Europe, Brussels, Berlin, United States, Washington, Germany, Italy, Britain, Ukraine

☆ Live Updates: Beryl Expected to Hit Texas as a Hurricane
▼ + stars: | 2024-07-07 | by ( Isabelle Taft | ) www.nytimes.com time to read: +4 min

Beryl was forecast to bring winds of up to 110 miles per hour to parts of southeast Texas by early Monday. Texans are unusually familiar with power outages: The state had more weather-related power outages from 2000 to 2021 than any other, according to the advocacy organization Climate Central. In 2008, Hurricane Ike left two million customers across eastern Texas without power for three days after the storm. Hurricane Rita, in 2005, also caused widespread power outages lasting as long as seven days in some Texas counties. Texas officials, electricity companies and individuals were all thinking about the grid as Beryl churned through the Gulf of Mexico.

Persons: Nim Kidd, Beryl, Hurricane Ike, Hurricane Harvey, Ike, Harvey, Hurricane Rita, Gov, Dan Patrick, Thomas Muñoz, Muñoz, Robert DeShazo, “, ” Organizations: Texans, Texas Division, Emergency Management, Monday, Climate Central, Public, Commission, Energy, AEP Texas, Facebook, Corpus Christi Locations: Austin, Texas, Louisiana, Houston, U.S, Hurricane, Gulf of Mexico, South, West Texas, Ohio, Victoria, Rio Grande Valley

☆ Houthi bomb boats, including some not seen before, are threatening Red Sea ships while the US Navy's aircraft carriers are away
▼ + stars: | 2024-07-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Houthis have been stepping up drone boat operations, employing small watercraft that can be packed with explosives and detonate on impact. Last month, one of the Houthi drone boats struck a commercial vessel, the MV Tutor, for the first time since the campaign began in November. The Ike's eventual replacement — the Theodore Roosevelt Carrier Strike Group — won't arrive for some time. US Central Command said at the time that the Transworld Navigator was hit by a "suspected uncrewed aerial system" and did not mention a drone boat. AdvertisementFootage purporting to show a Houthi drone boat.

Persons: —, Dwight D, Theodore Roosevelt Carrier, Eisenhower, UKMTO Organizations: Service, US Navy, Business, Houthi Media, REUTERS, Eisenhower Carrier Strike, Theodore Roosevelt Carrier Strike, Hornet, Nimitz, United Kingdom Maritime Trade Operations, British Royal Navy, Transworld, US Central Command Locations: Red, Yemen, Iran

A solar stock and an apparel giant were among the names being talked about by analysts on Friday. Meanwhile, Deutsche Bank increased its price target on First Solar. NKE 1D mountain NKE falls Stifel downgraded Nike stock following results to hold from buy and reduced their price target to $88 per share from $117. — Brian Evans 5:47 a.m.: Deutsche Bank raises First Solar price target First Solar shares have been on a tear this quarter, and Deutsche Bank expects even more gains ahead. The bank reiterated its buy rating on the solar stock and raised its price target to $280 from $215.

Persons: Richard Choe, Choe, — Brian Evans, Morgan Stanley, Lee Simpson, Simpson, Wells, Ike Boruchow, Jim Duffy, Jay Sole, Corinne Blanchard, Fred Imbert Organizations: CNBC, Nike, Deutsche Bank, JPMorgan, Realty Trust JPMorgan, Digital Realty, Management, Realty Trust, 1Q, UBS Locations: China, Thursday's

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