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"I think you should still buy Baba in light of the fact the Chinese government is panicking about their stocks," Jim Cramer said, referencing recent stimulus efforts in the country . CVS Health : Despite lowering its 2024 adjusted earnings outlook due to higher medical costs, shares of CVS Health climbed more than 3% Wednesday. "Aetna is better than people think, and I think that [CEO] Karen Lynch is better than people think," Jim said. New York Community Bancorp : Moody's Investor Service downgraded the regional bank's credit rating to junk, roughly a week after NYCB reported a surprise fourth-quarter loss and cut its dividend payout. However, "you can't boost confidence once you cut your dividend," Jim said, adding that "you can't buy" shares of NYCB right now.
Persons: Jim Cramer, Aetna, Karen Lynch, Jim, NYCB, Morgan Stanley, Uber, Roblox Organizations: CVS, CVS Health, Aetna, York Community Bancorp, Moody's Investor Service, CNBC, Club, Technologies Locations: Wells Fargo
(AP) — The Chiefs' Travis Kelce and the 49ers' George Kittle are best of friends when they are off the field. The king of Tight End U,” Kelce said of Kittle, when asked about their relationship. “He's the best tight end in the league and deservingly so this year. Kittle had two more catches in the NFC title game against Detroit to set up his rematch with Kelce and the Chiefs. “I couldn't be more proud of him,” Kelce said, “couldn't be more honored, really, to go up against George in another Super Bowl.
Persons: Travis Kelce, George Kittle, Greg Olsen, that's, ” Kelce, Kittle, , He's, Taylor Swift, Kelce, Jerry Rice, Patrick Mahomes, , Fred Warner, “ Pat, it's, John Lynch, marveled, Jerry Rice’s, ” Lynch, Jerry, he’s, Andy, Reid, ‘ You’ve, You’ve, San, hasn't, George, It's Organizations: KANSAS CITY, , Chiefs, 49ers, University, San Francisco, Kansas City, Super, Miami, AFC, Ravens, longtime 49ers, NFL, Packers, NFC, Detroit Locations: KANSAS, Mo, San Francisco, Las Vegas, Buffalo, Baltimore, Kansas, ” San Francisco, Miami
Behind Diane sat her husband, Claud Lee “Tex” McIver, an attorney with powerful political connections, with a gun in his lap. Claud "Tex" McIver enters the courtroom holding a bible filled with papers before his sentencing at the Fulton County courthouse in Atlanta in May 2018. A family photo of Tex McIver and his wife, Diane. “There is no doubt that Tex McIver depended on his wife’s money,” defense attorney Bruce Harvey said in trial. Tex McIver pleaded guilty to involuntary manslaughter in the death of his wife, Diane, on Friday, January 26, 2024.
Persons: Dani Jo Carter, Carter, Diane McIver, Diane, Claud Lee “ Tex ” McIver, “ Tex, ” Diane muttered, Claud, Tex, McIver, Alyssa Pointer, Fani Willis, retry McIver, Robert McBurney, McIver’s, , he’s, Don Samuel, Diane chatted, Tex McIver, ” McIver, Seleta Griffin, Tex McIver’s, Griffin, Diane McIver's, Hyosub Shin, Zuma, , Clint Rucker, , ” Prosecutors, ” Griffin, Bruce Harvey, Prosecutors, court’s, codicil, Adam Abbate, Samuel, Amanda Clark Palmer, CNN’s Jamiel Lynch Organizations: CNN, Ford Expedition, Georgia Supreme, WSB, Atlanta, TNS, , Prosecutors Locations: Atlanta, Fulton, Georgia, Fulton County, ” Fulton County, Putnam County, Buckhead, ,
SANTA CLARA, Calif. (AP) — Steve Wilks has had a roller coaster ride in his first season as defensive coordinator for the San Francisco 49ers. But the season will end with Wilks calling plays in the Super Bowl with the task of slowing down Patrick Mahomes and the Kansas City Chiefs. Wilks then joined the Niners staff, while the Panthers had a 2-15 season and fired coach Frank Reich after 11 games. Wilks is now headed to his third Super Bowl as an assistant coach, having lost previous trips in the 2006 season with Chicago and the 2015 season with Carolina when he was a defensive backs coach. While Wilks is focused on the task at hand, he did take time to send out a message on social media after the Niners won the NFC title game.
Persons: — Steve Wilks, DeMeco Ryans, Wilks, Patrick Mahomes, Jahmyr Gibbs, ” Wilks, We’ve, Kyle Shanahan, John Lynch, Nick Bosa, Fred Warner, , ” Warner, hasn’t, ” Bosa, it’s, , Frank Reich, Lynch, “ He’s, ” Lynch Organizations: San Francisco 49ers, Kansas City Chiefs, NFC, Detroit, Niners, NFL, Ryans, 49ers, Super, Panthers, Chicago, Carolina, Twitter, Warner Locations: SANTA CLARA, Calif, takeaways, Carolina
CNN —More than 100 passengers and crew have fallen ill while on a three-week leg of a 107-night cruise with Cunard Cruise Line on the Queen Victoria, according to a report from the US Centers for Disease Control and Prevention. According to the report, 139 people on board – 123 passengers and 16 crew members – have reported gastrointestinal symptoms that include diarrhea and vomiting. The cruise line has increased cleaning and disinfection procedures and isolated ill passengers and crew, according to the report. The Queen Victoria is on a 107-night sailing that started in Southhampton, England, on January 11. In a statement to CNN, Cunard Cruise Line said, “Cunard confirms that a small number of guests had reported symptoms of gastrointestinal illness on board Queen Victoria.
Persons: Queen Victoria, , “ Cunard Organizations: CNN, Cunard Cruise, US Centers for Disease Control, Queen Locations: Queen, Southhampton, England, Fort Lauderdale , Florida, Aruba, Guatemala, Cabo San Lucas, San Francisco, Hawaii
Read previewMegan Thee Stallion and Warner Music Group (WMG) signed a new agreement on Friday, Business Insider has learned. In this agreement, the three-time, Grammy-winning artist will release music through Hot Girl Productions — her independent music and entertainment entity — and simultaneously work with Warner Music and its international affiliates. AdvertisementFollowing the settlement, Megan released two independent singles, "Cobra" and "Hiss," the latter of which stands at No. "This new chapter with Warner Music Group will shift the landscape in the music industry and empower other independent artists to follow in her footsteps and claim their power. It's also a testament to Max's ability to reimagine the relationships that major music companies can engage in with independent artists."
Persons: , Megan Thee, Megan, Hiss, Max Lousada, Jay, Meg, Desiree Perez, It's Organizations: Service, Megan Thee Stallion, Warner Music Group, Houston, Business, Warner Music, Entertainment, Apple Music's, WMG, Warner
LOS ANGELES (AP) — Victoria Monét and Coco Jones brought smooth R&B and studied choreography, Noah Kahan and Gracie Abrams — friends up for the same Grammy — dueted their introspective folk, and Jelly Roll brought out Lainey Wilson. Ice Spice performed her new single from her forthcoming debut LP “Y2K.”Those artists — save for Wilson — make up the bulk of the 2024 Grammys ' best new artist nominees and were the headliners of Spotify's annual pre-Grammy party, held Thursday at Paramount Studios. While the lineup leaned heavy on those competing for the coveted best new artist Grammy Award, nominee Fred Again... did not perform. Noah Kahan emerged shortly after, like the most charismatic guy at your local open mic. “I'm Noah Kahan and we are Mumford and Sons,” he introduced his folky band — with the second banjo of the night.
Persons: Victoria Monét, Coco Jones, Noah Kahan, Gracie Abrams, , Jelly Roll, Lainey Wilson, Spice, Wilson —, Fred Again, Diplo, Ross Lynch, Michael Trotter Jr, Coco Jones —, , , Victoria Monét —, “ I'm Noah Kahan, Mumford, — Abrams Organizations: ANGELES, Paramount Studios, Treaty, Locations: New York City
A run of big draft hits in previous years, two trades for All-Pros and perhaps the greatest get out of jail free card in draft history. He's done all that while getting a salary of $870,000 this season, allowing San Francisco to spend big at other spots. San Francisco also invested heavily in McCaffrey and have the highest-paid fullback in the league in All-Pro Kyle Juszczyk. San Francisco added to the position by dealing a third-round pick at the trade deadline for a former No. San Francisco used a fourth-round pick on punter Mitch Wishnowsky in 2019.
Persons: Trey Lance, Lance, couldn't, Brock Purdy, “ It’s, Trent Williams, Kyle Shanahan, John Lynch, Jed York, “ Kyle, ” York, George Kittle, Fred Warner, Nick Bosa, Deebo Samuel, Talanoa Hufanga —, Williams, Christian McCaffrey, Shanahan, ” Lynch, , it’s, Samuel, Brandon Aiyuk, Francisco, McCaffrey, Kyle Juszczyk, Purdy, Aaron Banks, Colton McKivitz, Jake Brendel, Jon Feliciano, Lynch, Arik Armstead —, Javon Hargrave, San, Chase Young, Dre Greenlaw, Charvarius Ward, Ward, Robbie Gould, Jake Moody, Moody, Mitch Wishnowsky, ___ Organizations: San Francisco 49ers, 49ers, San Francisco, NFC, Kansas City Chiefs, Niners, NFL, Shanahan, Warner, Chiefs Locations: SANTA CLARA, Calif, San Francisco, Purdy, Washington, Francisco, Cleveland
Washington CNN —The Supreme Court said Friday that the United States Military Academy at West Point can continue considering race as a factor in its admissions process while a legal challenge to the practice plays out. Last week, SFFA asked the high court to step in on an emergency basis to block West Point from considering race in its admissions process as the litigation unfolds. “For now, the only question is what should happen as this case proceeds – who should bear the burden of the status quo,” attorneys for SFFA told the Supreme Court. “Every year this case languishes in discovery, trial, or appeals, West Point will label and sort thousands more applicants based on their skin color – including the class of 2028, which West Point will start choosing in earnest once the application deadline closes on January 31. Or should West Point bear the burden of temporarily complying with the Constitution’s command of racial equality?” they added in part.
Persons: SFFA, Biden, , midstream, Elizabeth Prelogar, Prelogar, , Philip M, Halpern, it’s, , Court’s, John Roberts, Richard Bennett, CNN’s Jamiel Lynch Organizations: Washington CNN, United States Military Academy, Fair, Harvard, University of North, US Naval Academy, Supreme, , Army, West, Naval Academy Locations: University of North Carolina, , New York, West, Maryland
The legendary director is currently working on "The Movie Critic," which he says will be his 10th and final film. For more than a decade, Tarantino has declared that he wants to stop directing films after his 10th movie. During a 2019 press conference for Once Upon a Time in Hollywood," Tarantino said that he's envisioned his final movie as "a little more epilogue-y." The movie is inspired by a real-life film critic who worked for a pornography magazineWhen "The Movie Critic" was first reported to be in the works back in March, the premise was a little bit different. Brad Pitt is reportedly set to star in 'The Movie Critic'Brad Pitt has starred in two of Quentin Tarantino's previous movies.
Persons: , Quentin Tarantino's, Tarantino, he's, Quentin Tarantino, Django, John Shearer, Chris Wallace, Steven Soderbergh, David Lynch, Hayao Miyazaki, Pauline Kael, Leonardo DiCaprio, Pitt, Brad Pitt, Michel Euler, it's, Aldo Raine, Cliff Booth, Oscar Organizations: Service, Business, Playboy, Hollywood Reporter, New, Cannes, Hollywood Locations: Hollywood, Los Angeles, New Yorker, California
Since then, Fenley has returned to working quietly on new material, building on her nearly 50 years of making dances as the founder of Molissa Fenley and Company. Opening night, on Wednesday, felt like a private glimpse into her choreographic mind: no splashes, just a steady, rigorous exploration of movement to music. The program’s greatest force is Fenley herself, who, at 69, dances with a searing clarity and equanimity, no matter the limitations that naturally come with age. This is not one of those shows in which a veteran artist makes a cameo to be momentarily revered. The recurring themes are the lines and curves of Fenley’s limpid movement vocabulary, based in ballet and reminiscent of the Merce Cunningham technique, but developed, as she has said, around the idiosyncrasies of her own body.
Persons: Molissa Fenley, , Fenley, Christiana Axelsen, Justin Lynch, Timothy Ward, Michael Ferrara, Enriqueta, Merce Cunningham Locations: Downtown Brooklyn
"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.
Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, , Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss
The credible data that exists on crimes motivated by conspiracy theories shows a disturbing increase. Many of those charged said they had bought into Trump’s conspiracy theories about a stolen election. “Lies, lies lies: They're lying to you over and over and over again,” said Steve Girard, a Pennsylvania man who has protested the incarceration of Jan. 6 defendants. While they may have taken on a bigger role in our politics, surveys show that belief in conspiracy theories hasn't changed much over the years, according to Joe Uscinski, a University of Miami professor and an expert on the history of conspiracy theories. Russia has amplified numerous anti-U.S. conspiracy theories, including ones claiming the U.S. runs secret germ warfare labs and created HIV as a bioweapon, as well as conspiracy theories accusing Ukraine of being a Nazi state.
Persons: , Nash, Melissa Sell, Sell, Elon Musk, There's, Evan Hansen, Wired.com, Musk, It’s, ” Hansen, Donald Trump, Trump, Mark Milley, Milley, Laws, Vince Lynch, Lynch, Danielle Citron, Sandy, , Alex Jones, Sandy Hook, Hillary Clinton, chemtrails, , hospitalizations, Robert Palmer, they're, Steve Girard, Jan, hasn't, Joe Uscinski, ” Uscinski, “ Jan, Tom Fishman Organizations: WASHINGTON, U.S ., United, Big Tech, Meta, Facebook, titans, Army, University of Maryland’s National Consortium, University of Virginia School of Law, Sandy Hook Elementary, CNN, FBI, Capitol, The Associated Press, Trump, University of Miami, Twitter, United States, U.S, . Locations: Maui, Chile, America, United States, Pennsylvania, U.S, Israel, Newtown , Connecticut, Florida, California, Wisconsin, Washington, Russia, China, Iran, Ukraine, Nazi
On Monday, Alphabet closed at a market capitalization of $1.91 trillion, less than $100 billion away from a $2 trillion market cap and trailing Microsoft and Apple with market capitalizations last at $3.03 trillion and $2.91 trillion, respectively. Beyond Alphabet Alphabet is close to entering the $2 trillion club, but other prominent mega-cap tech companies are making progress, too. Amazon's market cap finished Monday at $1.64 trillion. The managing partner also sees Meta Platforms as a future $2 trillion market cap candidate. The maker of sophisticated graphics processing units reached a $1 trillion market cap for the first time only in 2023, when it climbed almost 240%.
Persons: Paul Meeks, Meeks, Merrill Lynch, bode, Gene Munster, Dan Ives, Ives, they're, Deepwater's Munster, Wedbush's Ives, Jensen Organizations: Microsoft, Apple, Merrill, Merrill Lynch Investment, Deepwater Asset Management, Amazon Web Services, Munster, Nvidia Locations: U.S
SAVANNAH, Ga. (AP) — The Georgia Ports Authority said Tuesday that it moved a record number of automobiles across its docks in Brunswick last year, while goods shipped to Savannah in cargo containers declined 16%. The news comes as port authority CEO Griff Lynch has set a goal of Brunswick surpassing the Port of Baltimore as the No. We've been creating capacity in Brunswick,” Lynch said in an interview, adding that more growth is possible in 2024. Savannah handled 4.9 million container units of imports and exports last year, down 16% compared with calendar 2022. “I fully believe that when we look at February and March and April, we should see some positive numbers year-over-year,” Lynch said.
Persons: Griff Lynch, We've, ” Lynch, Lynch, , Organizations: Georgia Ports Authority, Brunswick, Port, Auto, Hyundai, Kia, U.S Locations: SAVANNAH, Ga, Georgia, Brunswick, Savannah, Port, Port of Baltimore, Southern, U.S, Atlanta, West, New York, Los Angeles, Long Beach , California
"For those of you younger than us who did not live through the Tech Bubble of the late 1990s, you are now living through Tech Bubble 2.0. As a reminder, the NASDAQ fell about 80% when that bubble burst in the mild recession of the early 2000s," Wolfenbarger said. AdvertisementThere is evidence that backs up Wolfenbarger's bubble claims, starting with fairly standard valuation measures like the Shiller cyclically-adjusted price-to-earnings ratio. While it's not as high as it was during the dot-com bubble, it's higher than it was in 1929 — and is at one of its most elevated levels in history. Bank of AmericaAs for what will finally deflate the bubble, Wolfenbarger is expecting a recession to hit the US economy.
Persons: , Microsoft —, Jon Wolfenbarger, Merrill Lynch, Wolfenbarger, it's, America's Michael Hartnett, Louis Fed Wolfenbarger, Jeremy Grantham, Adam Karr, Orbis Investment Management Karr, It's Organizations: Service, Apple, Nvidia, Microsoft, Business, JPMorgan, ClearBridge, Tech, NASDAQ, ClearBridge Investments Bank, America's, Bank of America, Bank of America's Global, Institute for Supply Management's Manufacturing, Orbis Investment Management, Global Fund, Federal Reserve Locations: Japan
‘Zoomers’ Review: Just Don’t Kill the Vibes
  + stars: | 2024-01-26 | by ( Brittani Samuel | ) www.nytimes.com   time to read: +1 min
It’s immediately clear that the 30-something Gasda, whose 2022 play “Dimes Square” captured the crowd of artists, writers and scenesters in New York City’s downtown, has spent significant time observing his younger subjects. With the exception of a few awkward phrases, his naturalistic play captures the way Gen Z talks. “Zoomers” opens with three roommates ambling around their Brooklyn apartment in Bushwick, a land where shaggy hair is a personality trait and hard kombucha might as well be on tap. Michael (Jonah O’Hara-David), Jacob (Henry Lynch), and Jada (Reneé-Nicole Powell) are recovering from a night of respective drinking, smoking weed and existential dread. For the emotionally stunted Jacob in particular, it’s a pleasurable escape whenever conversations get too heated.
Persons: , Matthew Gasda, It’s, , Z, ambling, Jonah O’Hara, David, Jacob, Henry Lynch, Jada, Nicole Powell, Ella, Sophia Englesberg, George Olesky Organizations: Brooklyn Center for Theater Research Locations: New York, Brooklyn, Bushwick, catharsis
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAt her first primary debate in the new district in Colorado that she's running for office in, Republican Rep. Lauren Boebert and five other candidates smiled and raised their hands when asked who'd ever been arrested. In it, as Boebert and the majority of her competition raised their hands, the crowd can be seen loudly cheering. VIDEO: Incredible moment in first GOP debate for CD4 as candidates are asked to raise their hands if they’ve been arrested…Six candidates raised their hands, including Lauren Boebert and Mike Lynch. At the end of December 2023, Boebert announced she'd run for reelection, though this time in the 4th Congressional District to try to replace outgoing Rep. Ken Buck.
Persons: , Lauren Boebert, who'd, they’ve, Mike Lynch, — Chris Perez, Boebert, Adam Frisch, she'd, Ken Buck, 9News Organizations: Service, Republican, Business, Denver, Colorado Times, Fox, Democratic, Congressional, Congressional District Locations: Colorado, @yankee_MSU, Colorado's, Denver
CNN —Alabama inmate Kenneth Smith was put to death Thursday night by nitrogen hypoxia, marking the nation’s first known execution to be carried out using that method. The execution process began at 7:53 p.m. CT Thursday, and Smith was pronounced dead at 8:25 p.m., according to Alabama Department of Corrections officials. Smith made a lengthy statement in front of the witnesses before the execution started, according to the pool reporters. A new method of capital punishmentAhead of Smith’s execution, a tense debate unfolded about whether America’s wholly new execution method is humane and whether the procedure would cause undue pain. The family has forgiven everyone involved in the killing, including Smith, Michael Sennett said at a news conference Thursday night.
Persons: Kenneth Smith, Smith, United Nations –, William C, John Hamm, gurney, , writhed, Hamm, ” Hamm, Jeff Hood, who’d, ” Smith, gurney ”, Hood, , , Elizabeth Sennett's, Elizabeth Sennett, Sennett, Charles Sennett, Michael, ” Elizabeth Sennett’s, What’s, ” Chuck Sennett, “ He’s, Michael Sennett, CNN’s Devan Cole, Christina Maxouris, Isabel Rosales, Lauren Mascarenhas, Jamiel Lynch Organizations: CNN, United Nations, Holman Correctional, Alabama Department of Corrections, Locations: Alabama, Oklahoma, Mississippi, Atmore, Alta
Read previewOn Thursday, Republican Rep. Lauren Boebert faced several GOP opponents in the first primary debate for Colorado's 4th congressional district. Related stories"My boys and I needed a fresh start," said Boebert. In the CO-04 GOP primary debate last night, @RepBoebert was asked by opponent @LynchForCO to "give the definition of carpetbagger." "My boys and I needed a fresh start," said Boebert. pic.twitter.com/pQ5Jslc7wr — bryan metzger (@metzgov) January 26, 2024Boebert had been facing a bruising reelection bid in her old district, which she won by less than 600 votes in 2022.
Persons: , Lauren Boebert, It's, Boebert, That's, Mike Lynch, Colorado House —, Lynch, Mary, Jayson, @RepBoebert, @LynchForCO, pQ5Jslc7wr — bryan metzger, @metzgov, Deborah Flora, Sen, Kerry Donovan, wouldn't, Donovan Organizations: Service, Republican, GOP, Business, Colorado House, Capitol, Democrat Locations: Colorado, Denver, Fort Lupton, Colorado's
Papa John's CEO: Industry is well-positioned for success in 2024
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPapa John's CEO: Industry is well-positioned for success in 2024Papa John's CEO Rob Lynch joins 'The Exchange' to discuss operating costs, transitioning to a new marketing plan, and more.
Persons: Papa, Rob Lynch Organizations: Industry
ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December. Erdogan is a longtime proponent of an unorthodox policy of cutting interest rates to fight inflation, which runs contrary to mainstream economic thinking. The European Central Bank is expected to keep its record-high benchmark rate steady at its meeting Thursday, following a rapid series of hikes over more than a year. Hafize Gaye Erkan, a former U.S.-based bank executive, took over as central bank governor in June, becoming the first woman to hold that position in Turkey. Previously, Erdogan had fired central governments who reportedly resisted his push to cut interest rates.
Persons: Recep Tayyip Erdogan, Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan, Erkan, Organizations: European Central Bank, Turkish Locations: ANKARA, Turkey, Ukraine, U.S
DENVER (AP) — Colorado Republican state Rep. Mike Lynch announced he's stepping down as minority leader Wednesday, a week after The Denver Post reported that Lynch was arrested in 2022 on suspicion of drunken driving and possession of a gun while intoxicated. Lynch is also running for Congress in Colorado's 4th District, a hotly contested race recently joined by Republican Rep. Lauren Boebert after she announced she was switching districts. “I want it to be clear that I’m not stepping down because I won a close vote of no confidence,” Lynch said to gathered lawmakers on the House floor. The report details Lynch telling King he was a supporter of law enforcement and asking the trooper to call Colorado State Patrol’s legislative liaison at the state Capitol. A vote to elect a new minority leader will be held Thursday morning.
Persons: Mike Lynch, he's, Lynch, Lauren Boebert, ” Lynch, I've, Matthew King, King, didn’t, Organizations: DENVER, , — Colorado Republican, Denver Post, Republican, Colorado State Patrol, The Denver Post, Colorado State, Associated Press Locations: — Colorado, Colorado's 4th, Fort Collins , Colorado
People under 50 in the US are dying from colorectal cancer at an increasing rate. AdvertisementMore people under the age of 50 are dying of colorectal cancer than ever before, according to the American Cancer Association. The disease is sometimes called colon cancer or rectal cancer, depending on where it starts. When colorectal cancer is caught early, before it has spread, the chance a person will live for another five years is about 90%. AdvertisementShe now visits her gastroenterologist regularly, eats healthy, exercises, and raises awareness of the signs of colorectal cancer.
Persons: , Kimmie Ng, you've, JJ Singleton, Singleton, Lynch, Tom McKenna, Paula Chambers Raney, Doctors, gastroenterologist, Kim Schewitz, kschewitz@businessinsider.com Organizations: Service, American Cancer Association, Dana, Farber Cancer Institute, NBC Locations: Boston
Microsoft earnings due out later this month could serve as the next major test for artificial intelligence as investors hunt for signs that the buzzy technological innovation is actually boosting companies' bottom lines. Nvidia has been an exception, blowing past Wall Street's guidance for the past few quarters due to AI tailwinds . The remarks led some Wall Street analysts to fret over a delayed ramp-up in AI availability. "There are going to be some outliers, but for the most part there is more risk-reward related to AI going into this earnings period." More loosely, Wall Street analysts have expressed concerns about AI monetization and expectations across the sector heading into the fourth-quarter reporting period.
Persons: Paul Meeks, Merrill Lynch, Piper Sandler, OpenAI, Amy Hood, Copilot, Micrsoft, Meeks, Amy Kong, Nancy Tengler, Gene Munster, Corient's Kong, Wolfe, Alex Zukin, Dubravko, Michael Bloom Organizations: Microsoft, Merrill, Merrill Lynch Investment, Nvidia, Wall, Baker School of Business, The, Investments, Asset Management, Munster, Wall Street, Tech Locations: OpenAI, hasn't
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