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New York CNN —Press freedom groups sounded the alarm Wednesday on the potential dangers facing journalists under a second Trump administration, denouncing threats from the president-elect and his associates to undermine the news media. “On the campaign trail and during his previous administration, President-elect Donald Trump has frequently deployed violent language and threats against the media. His election to a second term in office marks a dangerous moment for American journalism and global press freedom,” Reporters Without Borders said. In the run-up to Election Day, Trump repeatedly threatened the Fourth Estate, often employing extreme and authoritarian rhetoric. In the wake of Tuesday’s election, press freedom advocates remain concerned about the longer-term implications of legal threats that journalists could face.
Persons: Trump, Donald Trump’s, , Donald Trump, Kamala Harris, ” Clayton Weimers, Time Warner, , Katherine Jacobsen, “ Trump, ” Trevor Timm, Biden, it’s, We’ve, ” Jacobsen, Puck, , ” Kyle Paoletta, Vladimir Putin, Kim Jong Un, Recep Tayyip Erdogan, Xi Jinping, Hungary’s, Viktor Orbán, ” CPJ, Kash Patel, ” “, Joe Biden, — we’re, Steve Bannon, Trump’s, . Sulzberger Organizations: New, New York CNN — Press, Protect Journalists, Press Foundation, American Sunlight, Borders, CBS, Trump, Justice Department, Time, CNN, White, Protect Journalists US, “ Lawmakers, Politico, Axios, , Columbia, National Security Council, The New York Times Locations: New York, Pennsylvania, Canada, Caribbean, United States, strongmen, North Korean, Turkish
Boeing's still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg is focusing on communication, trust, and future innovation at Boeing to get the company on the right path. Ortberg, in a letter released to employees along with the company's third-quarter results, said Boeing's customers want — and need — the company to succeed. "With the right focus and culture, we can be an iconic company and aerospace leader once again," he wrote. "When you feel that the CEO is with you, and the CEO is feeling your pain, it makes it more tolerable and provides hope for the future," Franklin said.
Persons: Boeing's, Kelly Ortberg, Ortberg, , we've, Bill George, George, he's, Rosalind Franklin, Boyden, Franklin, Jeffrey Sonnenfeld, who's, Mary Barra, Alan Mulally, Sonnenfeld, haven't, Richard Aboulafia, they're, Aboulafia Organizations: Boeing, Service, Harvard Business School, Yale School of Management, Yale's, Leadership, General Motors, Ford, GM Locations: Seattle
That's because of a twisty backstory involving gun-shy Hollywood studios, a fledgling producer, and his father-in-law: Dan Snyder, a billionaire Trump supporter who initially bankrolled the movie. Related storiesYou got a Trump supporter to fund this movie, which in no way is a movie a Trump supporter would want to see, let alone fund. And so indirectly, a Republican Trump donor's money was paying for the production of this movie. The nightmare scenario would be that we shoot this movie and then Dan Snyder hates the movie and somehow is able to block it. AdvertisementThis will sound pretty cavalier from me, but: It seems like if there's an "unseeable Trump movie" that is going to immediately make people demand to see it.
Persons: Donald Trump's, Vanity Fair's Gabriel Sherman, , Donald Trump, Gabriel Sherman, Sherman, Roy Cohn, Trump, Sebastian Stan, Bucky Barnes, Cohn, Succession's, Jeremy Strong, you'd, Dan Snyder, humanizes Trump, I've, humanize Donald Trump, I'm, Roger Ailes, It's Donald Trump's, Mark Rapaport, He's, Snyder, Ivana, Dan, who've, unseeable, Jeff Bezos, doesn't, mishegoss, Time Warner Organizations: Trump, Service, Marvel, Hollywood, Fox News, YouTube, Republican, Washington NFL, NFL, Republican Trump, Cannes, Telluride Film, MGM, Washington Post, FCC, Justice Department, Time Warner, CNN, Time, DOJ Locations: New York City, Cannes, French, France, America, Hollywood
In today’s edition, we examine how Donald Trump is making baseless claims of "election interference" as he faces federal charges himself. Trump casts 'election interference' label on everything while facing federal chargesFormer President Donald Trump has never stopped propagating falsehoods that the 2020 presidential election was stolen from him. This year, Trump and his campaign have cited more than a dozen examples of so-called election interference activities by Americans to claim the coming election is being unfairly manipulated. The latest instance came after the judge overseeing his federal election interference case in Washington released a redacted filing from special counsel Jack Smith. “The Democrat Party is guilty of the Worst Election Interference in American History,” Trump wrote Wednesday on social media.
Persons: Donald Trump, Jonathan Allen, Trump, Vaughn Hillyard, Jack Smith, , ” Trump, Harris, Biden, , Ryan J, Reilly, Ken Dilanian, Daniel Barnes, Tanya Chutkan, Smith, Chutkan, James Comey’s, Hillary Clinton’s, Kamala Harris, CBS’s Organizations: NBC, White House, Capitol, White, Democrat, Justice Department, NBC News, Service, Trump Locations: Washington, America
AI coding tools like GitHub Copilot have transformed software development and productivity. AdvertisementBefore he graduated from university, Jacob Jackson founded the AI coding assistant TabNine in 2018. In the past two years, there has been a boom in AI coding assistants. The spike in ChatGPT usage and AI coding assistants has shifted how software developers do their jobs. AdvertisementAI assistants can empower codersMost generative AI coding assistants focus on auto-completion, meaning that the tool suggests code as the programmer types.
Persons: , Jacob Jackson, TabNine, Jackson, Claude, Nikolas Gauvreau, Dan Boneh, Kevin Baragona, Baragona, Gauvreau, he's, David Malan, Malan Organizations: Software, Service, Microsoft, Accenture, Developers, Stanford University, Harvard University, Activision Blizzard Locations: OpenAI, Canada, Brazil, Germany, India
DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. He had served as CEO of AirTran, the airline Southwest combined with in 2011, and was a consultant to Southwest after the merger. Southwest has supported Jordan despite calls for his replacement by Elliott, which didn’t immediately respond to the airline’s plan it laid out on Thursday. He called Southwest’s plan intentional and detailed.
Persons: , Ryan Green, , Bob Fornaro, Fornaro, Bob Jordan, Jordan, Elliott, didn’t, ” Jordan, “ We’ve, — CNBC’s Rohan Goswami Organizations: DALLAS, Southwest Airlines, Wall, Elliott Investment Management, Federal Aviation Administration, Southwest, Spirit Airlines, AirTran, Boeing Locations: Southwest, Atlanta, Dallas, Hawaii
The new documentary “Super/Man: The Christopher Reeve Story” reconstructs his life and career, ultimately rendering a sensitive, harrowing and incredibly human portrait of the man as actor, advocate, husband and father. “You don’t overcome grief, you live with grief,” Bonhôte said in a recent interview with CNN. Reeve also worked with the American Paralysis Association, which soon became the Christopher Reeve Foundation. Ettedgui, who identifies himself as “definitely a Superman kid,” was moved by Reeve’s obvious effect on those around him, but was also “struck” by his internal journey. 24-year-old American actor Christopher Reeve plays the comic-book hero as he mends a broken railway track in a scene from the film "Superman."
Persons: Christopher Reeve, Reeve, , Ian Bonhôte, Peter Ettedgui –, “ McQueen ”, , ” Bonhôte, , Ettedgui, Chris, ” Ettedgui, Robin Williams, Jeff Daniels, William Hurt, Daniels, Dana, Will –, Will Reeve, Matthew, Alexandra, It’s Organizations: CNN, Netflix, Reeve Foundation, Juilliard, CNN Films, HBO, Films, DC Studios, Warner Bros . Locations: Virginia, Hollywood, , American, New York
Along with the economy, young voters also name abortion, immigration, foreign policy, climate and gun control as other priorities. A recent GenForward survey conducted by the University of Chicago supports what dozens of young voters told CNN. Foreign policyAmerica’s position on the world stage is also top of mind for young voters. The Israel-Hamas war has proved to be a key sticking point for progressive and young voters, as well as Arab American and Muslim communities. Regardless of what issues are galvanizing young voters to head to the polls, many say they think their turnout in November will surprise some people.
Persons: N’Dea Gordon, ” Gordon, Gordon, who’ve, , Donald Trump, Kamala Harris –, they’ve, Logan Paul, Adin Ross, Harris, Vivek Rallabandi, Joe Biden, “ I’m, I’m, ” Rallabandi, Trump, Rallabandi, he’s, , hasn’t, she’s, Vivek, Darius Diggs, Biden, Diggs, , Darius Dupri Diggs, Darius Dupri Diggs Chaim Birzen, Birzen, “ That’s, Tyler Sands, Beyton Owens, Finn Gaensler, Finn, “ It’s, ” Gaensler, Roe, Wade, Ava Pallotta, Pallotta, Gen, Erin Clark, Kalkowski, Katelyn, Sebastien Ostertag, Sebastien Ostertag That’s, Ostertag, we’re, Jacob Telenko, ” Telenko, Jean Kojali, ” Kojali, Harris doesn’t, Harris ’, Noe Nunez, Nunez, ” Nunez, “ it’s, Jed Lyons, Joseph Yang, Yang, Joseph Yang “, “ We’re, CNN’s Kate Sullivan, Dana Elobaid Organizations: CNN, Western Governors University, University of Chicago, Trump, Federal Reserve, White, Republican, Marquette Law School, Senate, Trump’s, Harvard University, Boston Globe, Young, America, Democratic, US, Republican Party, Immigration, state’s Young Republican, United States Postal Service Locations: Columbus , Ohio, Pennsylvania, Rockland County , New York, America, Montana, California, Idaho, Santa Cruz , California, , Port Chester , New York, Chapel Hill , North Carolina, Dearborn , Michigan, Israel, Gaza, Ukraine, Henderson , Nevada, United States, Cobb County , Georgia, Mexico, Zebulon , North Carolina, Mexican American, Gilbert , Arizona, Phoenix, Korean, Chandler , Arizona
New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.
Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, , Pamela Shifman, Nancy Pelosi, Pelosi, , Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, , Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, , Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State
CNN —Russian authorities were on Monday evacuating civilians from more areas along the Ukrainian border, a week into Kyiv’s surprise cross-border incursion into Russian territory. Vyacheslav Gladkov, the governor of the Belgorod region in southern Russia, said people living in the Krasnoyaruzhsky district were being relocated to safer places. A photo provided by the Government of Kursk region of Russia shows people from the border districts of the region boarding evacuation buses. Russian authorities imposed a sweeping counter-terror operation in the three border regions, but stopped short of declaring the incursion an act of war. The counterterrorist regime officially gives Russian authorities wider powers, including the ability to monitor telephone conversations and restrict communications and limiting the movement of people.
Persons: Vyacheslav Gladkov, , Rybar, , Volodymyr Zelensky, Vladimir Putin Organizations: CNN, Telegram, Government, Government of, Ukrainian, Kyiv, Armed Forces, Ukrainian Defense Ministry, Kremlin Locations: Ukrainian, Belgorod, Russia, Krasnoyaruzhsky, Kursk, Government of Kursk, Russian, Ukraine, Poroz, Moscow, US
Trump and Vance will campaign in the same venue Saturday, but without the fundraising spike, increased momentum or improved chances of winning a crucial state. Biden became the first Democrat to win Georgia in nearly 30 years when he beat Trump by just under 12,000 votes in 2020. So, let’s talk about the issues.”South Carolina Sen. Lindsey Graham, a Trump ally, said the campaign should focus on drawing policy contrasts. “My problem with Vice President Harris is the policy choices she’s made.”Trump, however, is not shying away from the controversial and false claims about Harris’ heritage. A senior Trump campaign official told CNN that the campaign would not “shy away” from the former president’s comments.
Persons: Donald Trump, JD Vance, Joe Biden, Kamala Harris, she’d, Harris, Vance, Biden, Trump, Georgia’s, Brad Raffensperger, Nevada –, Black ”, Republicans –, , Alaska Sen, Lisa Murkowski, CNN’s Manu Raju, “ You’ve, Carolina Sen, Lindsey Graham, she’s, ” Graham, ” Trump, , MAGA, – Vance, , CNN’s Alayna, Manu Raju, Morgan Rimmer Organizations: CNN, Democratic, Georgia, University Convocation Center, White, Peach State, Trump, Democrat, Sun, Black, National Association of Black Journalists, Chicago, Republicans, Republican Locations: Georgia, Atlanta, Peach, North Carolina , Arizona, Nevada, Michigan , Pennsylvania, Wisconsin, Ohio, India, Jamaica, Alaska, , Carolina, Arizona
According to an NBC News review of police hiring laws in Illinois, Grayson’s hiring did not appear to have violated state or local police hiring policies. And an NBC News review of hiring practices around the country shows that there is a patchwork of hiring standards that vary from state to state and from community to community. Experts say the hiring standards in many small law enforcement agencies are often lower than those of large city agencies. In Illinois, in addition to its state law, city councils and county commissions can also set their own stricter hiring rules. Using the California hiring standards as a model, Guller tells his clients to send seasoned investigators out to interview a person’s former romantic partners, neighbors, employers and even patrons at their favorite bars.
Persons: Sonya Massey, , Sean Grayson’s, Grayson’s, Thomas Campion, Grayson, Jack Campbell, George Floyd, , Michael Bricker, , Sonya, Matt Guller, ” Sonya Massey, Ben Crump, ” Ed Obayashi, ” Obayashi, who’ve, John O'Connor, Campion, Massey, ” Sean Smoot, Tony Dejak, Sean Smoot, Smoot, Barack Obama’s, “ You’ve, “ We’re, ” Bricker, Guller, ” Guller, James Allard, Allard, Eric Hurd, ” Hurd, Hurd, David Corey, ” Smoot Organizations: Army, NBC, NBC Nightly, U.S . Justice Department, Chicago Police Department, , New Jersey State Police, NBC News, Police, Minneapolis Police Department, Office, Cleveland City, Illinois, Force, Century, Illinois State Police, Chicago, East, Institute for Forensic Psychology, New York State Police, American Psychological Association, “ Chiefs Locations: Illinois, Sangamon County, Springfield , Ill, California, . Illinois, Logan, East Coast, Steuben County New York, Buffalo, George Floyd , New York, Although New York, New York, ‘ Illinois, Oregon, “ Illinois
Her fan content creation was just a hobby, until one Marvel TikTok edit landed her a job. "I was too scared to pursue film school or leave my job to try and get into editing," Graham tells CNBC Make It. Graham has secured other editing roles since then, but she's not the only person who's pivoted her fan-driven hobby into full-time work. Here are three pieces of advice for folks looking to transform their fan skills into professional assets. Highlight resultsDavonna Gilpin, 32, never thought the work she did as a fan could ever translate to a job.
Persons: Alexa Graham, Graham, Kendrick Lamar's, I'd, she's, Emily Levine, Levine, Cailey Merulla, Merulla, you've, Davonna Gilpin, Gilpin, . Gilpin, it's Organizations: Marvel, Westcliff University, Rockstars, YouTube, CNBC, Group, EnVi Media, B2B Ad Agency, Amazon Locations: Irvine , California, New York, Los Angeles, nannying
McDonald's global comparable sales fell 1% year-over-year last quarter, missing analyst estimates. The company plans to focus on value going forward as low income customers grow weary from inflation. McDonald's same-store sales fell 1% in the most recent quarter, marking the first decrease in same-store sales since 2020. Its net income for the quarter fell to $2.02 billion, down from $2.31 billion the year before. Low income customers, in particular, are shying away from fast food as inflation soas.
Persons: , McDonald's, Chris Kempczinski, Joe Erlinger, Kempczinski Organizations: Service, Consumers Locations: New York, McDonald's, U.S
AdvertisementETF enthusiasmInstead of single stocks, clients across the board are putting their money into ETFs. Bank of AmericaEven though clients sold off individual small-cap stocks, they're not shying away from that size segment of the market at all. Clients invested more money in small-cap ETFs than large-cap ones, providing small-caps with the biggest boost since May of this year. Similarly, while individual tech stocks experienced a sell-off, tech ETFs saw the largest capital inflow out of all sectors last week. Small-cap ETFs include Vanguard Small-Cap Index (VSCIX) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).
Persons: , Jill Carey, Goldman Sachs Organizations: Service, Bank of America's, Bank of America, Equity, Business, JPMorgan, Citigroup, Big Tech, Health, Bank of America Investors, Communication, Fidelity MSCI Information Tech, NYSE Technology, Vanguard Infomation Technology, Vanguard
The situation finally appeared to be returning to normal Wednesday: Delta canceled only 51 flights as of 6 am ET, according to tracking service FlightAware, or only about 1% of its schedule. But it could still take days to get all Delta passengers who had been booked on those canceled flights to where they wanted to go. Delta passengers try to find their bags after canceled and delayed flights at Hartsfield-Jackson Atlanta International Airport on Monday. But it’s not like Delta executives were sitting on the sidelines during Southwest’s struggles thinking, “’Well we really are an amazing airline. Travelers wait in line at the Southwest Airlines ticketing counter at Nashville International Airport after the airline canceled thousands of flights in Nashville, Tennessee in December 2022.
Persons: New York CNN — It’s, Delta, Jessica McGowan, Kathleen Bangs, Ed Bastian, it’s, ’ ” Bangs, Seth Herald, We’ve, Chris Perry, Bangs, she’d, aren’t, Organizations: New, New York CNN, Delta Air Lines, Delta Connection, Delta, Department of Transportation, Hartsfield, Jackson Atlanta International Airport, CNN, , Southwest Airlines, Nashville International, Getty, Southwest Locations: New York, Atlanta, Southwest, Nashville , Tennessee, AFP
But mentally strong people aren't daunted. They avoid mistakes of motiveBeing mentally strong doesn't mean never making mistakes. However, mentally strong people never make a mistake of motive. Instead, mentally strong people use the Give-Resist-Exude framework to focus on the actions that will ultimately earn them respect. Mentally strong people don't act on unhelpful impulses.
Persons: They're Locations: what's
Its anthem played, over and over again, as the Americans received their gold medals atop the podium. AdvertisementU.S. swimmers have won the overall medal count and the gold medal count so often over the years that it almost has been taken for granted. Heading into the Paris Games, the Australians will be favored to win the most gold medals in the pool. Of the nine swimmers who won multiple individual gold medals, Katie Ledecky was the only American swimmer to do so. Still, USA Swimming president and CEO Tim Hinchey III has said the organization’s goal is to win the total medal count and the gold medal count.
Persons: Michael Phelps, wasn’t, Todd DeSorbo, we’ve, , , Cate Campbell, ” Campbell, Katie Ledecky, Bob Bowman, Caeleb Dressel, Simone Manuel, Sarah Stier, Campbell, Phelps, he’d, we’ll, ” Phelps, Mollie O’Callaghan, Dressel, he’s, Bobby Finke, Ryan Murphy, Gretchen Walsh, Regan Smith, Kate Douglass, Walsh, Smith, Kaylee McKeown, Maggie Mac Neil, Summer McIntosh, Zhang Yufei, Douglass, McIntosh, McKeown, Alex Walsh, breaststroker Lilly King, Katie Grimes, breaststrokers Nic Fink, Matt Fallon, Carson Foster, Frenchman, Léon Marchand, Ryan Lochte, Ledecky, Lochte, Tim Hinchey, ” DeSorbo, “ We’re, Dan Goldfarb, Tom Pennington, Al Bello Organizations: Paris Games, Team USA, ” Count, , Australia’s, NBC, Ledecky, Games Locations: Barcelona, Tokyo, United States, East Germany, Fukuoka, Japan, Paris, U.S, “ Australia, China, Britain, Rio de Janeiro, Ledecky, USA, Croatia
The technology to store renewable energy for long periods hasn’t quite been mastered, either. The interconnector would send renewable energy both east and west, taking advantage of the sun’s diurnal journey across the sky. The transatlantic interconnector is still a proposal, but networks of green energy cables are starting to sprawl across the world’s sea beds. They are fast becoming part of a global climate solution, transmitting large amounts of renewable energy to countries struggling to make the green transition alone. Not all of them carry renewable power exclusively — that’s sometimes determined by what makes up each country’s energy grid — but new ones are typically being built for a green energy future.
Persons: there’s, , Simon Ludlam, “ We’ve, we’ve, Fadel Senna, Paul Ellis, Biden, Laurent Segalen, Energy’s Ludlam, , you’ve, you’re, Trump, Dmitry Peskov, George Dyson, Dyson, Morten Kruger, Frank Schneider, Alberto Rizzi, ” Rizzi Organizations: London CNN, Etchea Energy, Getty, Burbo, Sun Cable, Initiative, NATO, European Council, Foreign Relations, United, European Union Locations: New York, California, Britain, Europe, North America, Canada, France, East Coast, United States, Paris, Belgium, Norway, Netherlands, Denmark, Morocco, Moroccan, Ouarzazate, AFP, English, New Brighton, Australia, Singapore, India, Saudi Arabia, Asia, East, Beijing, London, Russia, China, Germany, Ukraine, Finland, Sweden, Baltic, Western Europe, North, Russian, Aqaba, Jordan, Taba, Egypt, Red, America, EU
But, not all AI startups are created equal. AdvertisementBusiness Insider surveyed nine VCs who invest in AI startups at firms like Bain Capital Ventures, Flybridge, and Sapphire Ventures. Startups building AI's "picks and shovels" are a better bet than yet another LLMStep aside, OpenAI and Anthropic. In contrast, unstructured data encompasses various formats such as text documents, images, audio files, emails, social media posts, and videos. Some AI investors say they're shying away from point solutions—think online payment processing or project management—in favor of full-stack solutions.
Persons: , Harvey, Navin Chaddha, Chip Hazard, they're, Kahini Shah, there's, Rak Garg, Garg, Shah, Lauri Moore, Moore, Chaddha, Capital's Moore, she's Organizations: Service, Accel, Business, Bain Capital Ventures, Flybridge, Sapphire Ventures, Google, Meta, Mayfield Fund, Flybridge Capital Partners, Obvious, Investors, Obvious Ventures, Foundation, Dig Ventures Locations: Mayfield, Hazard, Flybridge
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDemocrats are putting abortion — a topic they've historically downplayed — front and center this election. The debate is no longer just about abortion — it's become about pregnancy itself and access to life-saving medical care. AdvertisementDemocrats know the issue could be a turning point for independent voters and even some Republicans, and they're using it to their advantage. He's hoping that the issue of abortion can turn Florida blue this fall, and he's repeatedly promised to restore Roe.
Persons: , Roe, Wade, Annie Lentz, " Lentz, — it's, Dobbs, Joe Biden, He's, he's Organizations: Service, Democratic Senatorial, Republican, Business, Democratic, Republicans, Senate Democrats, Pew Research Center, Gallup, , New York Times, Democrats Locations: Arizona, Florida , Maryland , Michigan, Montana , Nevada , Ohio, Pennsylvania, Texas, Wisconsin, Florida
New York CNN —Starbucks is the latest entrant in the value menu wars, joining its rivals in releasing new offers to lure back cash-strapped consumers. The offer, available all day, comes in two options: For $5, a customer can order a tall iced or hot coffee or an iced or hot tea paired with a croissant. For Starbucks, it’s part of broader changes rolling out this summer, which include a new iced coffee blend, updated its app with more accurate ordering times and new promotions. Starbucks is also making tweaks to its two-year-old partnership with Delta Air Lines’ SkyMiles program, which lets customers earn miles on every transaction. Beginning Wednesday, customers will only earn miles on Starbucks account reloads of $25 or more rather than per dollar spent at its cafes.
Persons: There’s, ” David Henkes, Laxman Narasimhan, ” Henkes, Danielle Wiener, Bronner Organizations: New, New York CNN, Starbucks, CNN, Delta Air Locations: New York, Technomic
America's millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini . Their combined fortunes grew to $26.1 trillion, up 7% from 2022. Capgemini defines millionaires as those with investible assets of $1 million or more not including primary residence, collectibles or consumer durables. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.
Persons: Robert Frank, Elias Ghanem, Ghanem Organizations: B2m, Capgemini Research Institute, Financial Services, U.S, Nasdaq Locations: Capgemini, North America, Asia, Pacific, Europe, America, Africa, North, U.S
While public auction sales are declining in the art world, private sales — done behind closed doors between discreet buyers and sellers — are growing. Classic cars are also seeing a shift to private sales, especially with the most expensive and rare models. But its newly formed RM Sotheby's private sales division has seen its sales more than quadruple over the past four years, according to Shelby Myers, global head of private sales for RM Sotheby's. The rise in private sales for classic cars, art, real estate and other markets is being driven by social media, technology and cooling prices for collectibles. "They're leaving money on the table," said real estate broker Noble Black of Douglas Elliman.
Persons: Robert Frank, Phillips, Christie's, Mark Rothko, Ken Griffin, Ferraris, Shelby Myers, We've, Myers, Patrick Dovigi's, Steve Wynn, Thomas Peterffy —, Douglas, Ernie Carswell, Carswell, He's, Noble Black, Douglas Elliman Organizations: Christie's, CNBC, Sotheby's, Hamptons, Malibu , Bel Air, Beverly Locations: Sotheby's, Christie's, Manhattan, Malibu, Aspen, Palm, Manhattan's Greenwich, Palm Beach, Los Angeles, New York, Eastern, Palm Springs, Malibu ,
There may be a case to bet on technology stocks, even if interest rates remain higher for longer. While conventional wisdom suggests high rates should punish the group, investors still favor the earnings growth offered by megacap tech stocks, according to The ETF Store President Nate Geraci. "Investors are viewing megacap tech as a quality play," he told CNBC's "ETF Edge" on Monday. Even if a U.S. economic slowdown takes hold, Geraci thinks quality tech names can remain in a leadership role. "I think that causes investors to rethink making bets on companies with earnings that are far out into the future."
Persons: Nate Geraci, CNBC's, Cathie, Geraci Organizations: Technology, Innovation Locations: LSEG, U.S
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