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☆ Simone Biles steps up Olympic preparation at Xfinity US Gymnastics Championships
▼ + stars: | 2024-05-30 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Simone Biles continues her journey to a third Olympic Games as she competes at this week’s Xfinity US Gymnastics Championships. All podium training sessions will be available to watch on FlipNow.tv – USA Gymnastics’ streaming service – while Peacock, NBC and CNBC will broadcast the main sessions. More viewing details are available on the USA Gymnastics website. Suni Lee competes in the balance beam at the Core Hydration Classic. She took the balance beam title at the Core Hydration Classic with a score of 14.600.

Persons: CNN — Simone Biles, Suni Lee, Lee, Biles, Jordan Chiles, Jade Carey, Gabby Douglas, Peacock, Charly Triballeau, Biles ’, Shilese Jones, Chiles Organizations: CNN, Games, Tokyo Games, Olympic, Paris Olympics, NBC, CNBC, USA, YouTube, Getty, Tokyo Locations: Fort Worth , Texas, Paris, AFP

☆ Live Updates: Scripps National Spelling Bee Will Crown a New Champion
▼ + stars: | 2024-05-30 | by ( Emmett Lindner | ) www.nytimes.com time to read: +4 min

Tarini Nandakumar of Austin, Texas, competing Tuesday in a preliminary round of this year’s Scripps National Spelling Bee. The Scripps National Spelling Bee brings together more than 200 of the top elementary school spellers in the United States in a rigorous, three-day competition. Credit... Evelyn Hockstein/ReutersIn a recent regional spelling bee where he secured a place at Scripps, he was asked to spell brume. Bee week is quite the bash. Tarini, who also studies classical Indian dance and singing, advised Scripps newcomers not to stress.

Persons: Tarini, Logan Edwards, Logan, Pranav Nandakumar, Vanathi Senthurkani, ” Logan, Evelyn Hockstein, brume, “, ”, Sasha Kenlon, Scripps Organizations: Scripps, Spelling, Merriam, Webster, Texas, M University, ., Reuters, Washington, 173rd, 192nd Locations: Austin , Texas, United States, Rock , Texas, Greer, S.C, South Carolina, North Africa, Park City , Utah

☆ AI-driven boost in PC and smartphone upgrades benefits these 5 stocks
▼ + stars: | 2024-05-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

At its annual Worldwide Developers Conference next month, it's believed that Apple will share more information about an expected AI-integrated iPhone. Jim Cramer has said that new AI capabilities on devices and for devices will usher in the " greatest refresh cycle in history ." Wireless stands to benefit from the expected increase in iPhone sales because Apple is one of Broadcom's largest customers. If there's a surge in PC sales, in particular, this could boost both Nvidia's Gaming and Professional Visualization segments. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Satya Nadella, it's, Jim Cramer, It's, Tim Cook, Jim, iPhones, Jim Cramer's, Eugene Mymrin Organizations: Microsoft, Developers Conference, Apple, Broadcom, Nvidia, Computing, Windows, Revenue, Shareholders, China Academy of Information, Communications Technology, Broadcom Wireless, Broadcom's Semiconductor, Nvidia's Gaming, Club, HP Inc, Dell, CNBC Locations: China

☆ Trump’s family members have visited court during the hush money trial. Notably missing: Melania and Ivanka Trump
▼ + stars: | 2024-05-28 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +6 min

With a jury verdict potentially days away, Melania Trump and Ivanka Trump have yet to join the former president as he defends himself against 34 charges. Melania Trump, though, has not appeared alongside her husband at a single Trump rally and rarely joins him in public. A spokesperson for the Trump campaign did not respond when asked if she intends to accompany him for any of the final days of his trial. Ivanka Trump’s absence from the Manhattan trial is not surprising to many close to the former president after she and Kushner’s public distancing from Trump’s latest presidential campaign. “When [Ivanka Trump] was at the White House, her kids were still at the age where they might not know exactly what was going on,” the source said.

Persons: Donald Trump, –, Melania Trump, Ivanka Trump, Jared Kushner, Ivanka’s, Trump, hasn’t, Eric Trump, Donald Trump Jr, Eric’s, Lara, Trump’s, Tiffany, Michael Boulos, Michael Cohen, Attorney Alvin Bragg, Robert De Niro, Joe Biden’s, De Niro, it’s, ”, Lara Trump, Ronna McDaniel, Stormy Daniels, Karen McDougal, Barron, Ivanka, “, Charles, Seryl Kushner, Howard Lutnick, Charles Kushner, Daniels, CNN’s Kate Sullivan Organizations: CNN, Manhattan, Attorney, Trump, Trump Jr, Biden, White, Republican National Committee, House, New, Federal, Commission, Republican Locations: Manhattan, Washington, New York, Florida, Trump

☆ 10 Smoking Guns in Trump Hush-Money Trial That Speak for Themselves
▼ + stars: | 2024-05-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +17 min

Manhattan district attorney's office/BIWhy is this evidence — our third smoking gun — so important? AdvertisementEvidence People's 35 in the Trump hush-money trial. Robert Costello, a key defense witness in the Donald Trump hush-money trial in New York. Manhattan district attorney's office/BI"Rudy was thrilled and said this could not be a better situation for the President or you. From People's 374 Manhattan district attorney's office/BICohen testified that immediately after these calls with Trump, he took the elevator down from his Trump Organization offices at Trump Tower.

Persons: —, Donald Trump, Michael Cohen, David Pecker, Stormy Daniels, Trump, Michael Cohen Alex Brandon, Eduardo Munoz, " Cohen, Cohen, Karen McDougal's, Karen McDougal, McDougal, Daniels, Trump's, Allen Weisselberg, Jonathan Ernst, Jon Elswick, MARK PETERSON, Todd Blanche, Mamaroneck , New York —, Madeleine Westerhout, Westerhout, Cohen —, Weisselberg, Robert Costello, Jane Rosenberg, Rudy Giuliani, Costello, Bob Costello, Rudy, Jay Sekelow, Giuliani, It's Trump, Timothy A, Clary, Donald, he's, — Trump, reimbursing Cohen, Pecker —, Pecker, — that's, Cohen's, Melissa Duran, Duran, Susan Hoffinger Organizations: Service, Business, Reuters, Trump, Prosecutors, National Enquirer, Trump Org, Manhattan Criminal, Getty, Defense, White House, —, Read, Wall Street Journal, FBI, Giuliani, CQ, Cohen's, AMI, Department of Justice, Federal, First Republic Bank, Trump Organization Locations: Manhattan, Trump, New York City, Mamaroneck , New York, Republic, New York, United States

☆ Bill Walton, N.B.A. Hall of Famer and Broadcasting Star, Dies at 71
▼ + stars: | 2024-05-27 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Bill Walton, a basketball center whose extraordinary passing and rebounding skills helped him win two national college championships with U.C.L.A. A redheaded hippie and devoted Grateful Dead fan, Walton was a 6-foot-11 acolyte of the renowned U.C.L.A. He was named the national college player of the year three times. Walton’s greatest game was the 1973 national championship against Memphis State, played in St. Louis. Walton — not yet known for his often hyperbolic, stream-of-consciousness speaking manner — refused to say much after the game.

Persons: Bill Walton, Walton, John Wooden, St . Louis, Walton —, —, ” Organizations: Portland Trail Blazers, Boston Celtics, Bruins, Memphis State Locations: San Diego, St ., U.C.L.A

☆ The world’s best countries for tourism, according to the World Economic Forum
▼ + stars: | 2024-05-25 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

CNN —The United States has just won a significant honor – being named the world’s best country for travel and tourism in 2024 by the World Economic Forum. Europe in the leadSix of the top 10 countries on the list are in Europe, with Spain the highest overall. The country knows it has the world’s eyes looking its way ahead of the Summer Olympics in Paris this year. For 2024, six countries share the number one ranking – France, Germany, Italy, Japan, Singapore and Spain. leonovo/iStock Editorial/Getty ImagesThe top 10 countries for tourism, according to the World Economic Forum1.

Persons: –, It’s, Yongyuan Dai, ” Organizations: CNN, World Economic, Economic, Henley Index, –, Asia “, United Locations: United States, Europe, Spain, France, Paris, – France, Germany, Italy, Japan, Singapore, Shanghai, China, Asia, Ireland, Switzerland, Netherlands, American, Canada, Australia, Bondi, Barcelona, Venice, Bolzano, Tyrol

☆ 48-year-old gymnast Oksana Chusovitina’s Olympic dream and history bid ended by injury
▼ + stars: | 2024-05-24 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —Uzbekistan gymnast Oksana Chusovitina had been aiming to compete at her ninth consecutive Olympic Games later this year, but the 48-year-old’s hopes of securing a spot in Paris have been dashed by injury. “Yesterday, while training on the podium of the Asian Championships, which is taking place in Tashkent and is a qualifying event for the Olympic Games in Paris, I was injured during the floor exercise. She won a gold medal in the team all-around competition that year and has competed in every Summer Games since then. However, even if she had qualified for Paris 2024, she would not have been a record holder for very long. The title currently belongs to Georgian shooter Nino Salukvadze, who has competed at every Summer Games since first appearing in Seoul in 1988, where she won a gold medal on debut.

Persons: Oksana Chusovitina, old’s, Chusovitina, Per, “, ”, I, William West, Chusovitina’s, –, Lobar Amrillaeva, Nino Salukvadze, Salukvadze Organizations: CNN, Olympic, Paris, Asian, Olympic Games, Getty, “ Unified, Games, Summer Games Locations: Uzbekistan, Paris, Instagram, Tashkent, Hangzhou, China, AFP, Barcelona, Baltic, Lithuania, Latvia, Estonia, Soviet Union, Beijing, London, Georgian, Seoul

☆ The draw has been made for Rafael Nadal at the French Open. It couldn’t have gone much worse for the Spaniard
▼ + stars: | 2024-05-24 | by ( Matias Grez | Sammy Mncwabe | ) edition.cnn.com time to read: +2 min

4 Alexander Zverev in the opening round of what is set to be the final French Open of his career. While Nadal has beaten Zverev seven times in their previous 10 meetings, the German is one of the favorites to lift the title. The fourth seed arrives at Roland Garros full of confidence after winning the Italian Open last week, his ninth Masters 1000 title. The two last met in an intense 2022 French Open semifinal where Zverev retired mid-match following an ankle injury that sidelined him for the rest of the year. The 22-time grand slam champion even admitted after his heavy second-round defeat to Hubert Hurkacz at the Italian Open earlier this month that he wasn’t sure if would be able to play at the French Open.

Persons: CNN — Rafael Nadal, Alexander Zverev, Roland Garros, Nadal, Zverev, Spaniard, Hubert Hurkacz, Novak, Tomas Machac, Stanislas Wawarinka, Andy Murray Organizations: CNN, Nadal, Madrid

☆ Florida priest accused of biting woman during dispute over Communion
▼ + stars: | 2024-05-24 | by ( Rebekah Riess | ) edition.cnn.com time to read: +3 min

CNN —A Florida priest is accused of biting a woman while giving out Communion during a Mass in St. Cloud in an alleged “attempt to defend the Communion bread,” according to the charging affidavit in the case. The woman told police Rodriguez allegedly “became upset and tried to ram the ‘cookie’ in her mouth,” according to the affidavit. She said she then attempted to grab another Communion bread, which the priest was holding, when he grabbed and bit her arm, the affidavit states. The woman was asked to leave, according to the Diocese, which added the priest had not met her before.

Persons: Fidel Rodriguez, Thomas, Rodriguez, “, ”, God, “ Father Rodriguez, Father Rodriguez Organizations: CNN, Thomas Aquinas Catholic Church, Diocese, “, . Cloud Police, State Attorney’s Office, Judicial Circuit, Attorney’s Office Locations: Florida, St ., St, Orlando, Diocese

☆ The doctor of a 114-year-old woman shares something we could all do to live longer — and it doesn't cost a thing
▼ + stars: | 2024-05-24 | by ( ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "What I found somewhat remarkable was that there wasn't some odd or unusual thing that she did or didn't do," he told Business Insider. AdvertisementExtending lifespan is big business right now, exemplified in the multimillion-dollar regimens and cutting-edge technology touted by youth-obsessed entrepreneurs like Bryan Johnson. "It kind of reinforced my thinking that there isn't one magical thing to do or not do," he said. "The things I identified in her and other patients that live long and live well is maintaining purpose, adding things or doing new things in their life."

Persons: —, Pearl Berg, Jeremy Lorber, Berg, Bryan Johnson, it's, " Lorber, Robert, Lorber Organizations: Service, Gerontology Research, Business Locations: Cedars, Sinai, Los Angeles

☆ 'Zoomtown' slowdown: 18 cities where rents have plummeted from their pandemic peak
▼ + stars: | 2024-05-23 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

That figure was 0.7%, or $12, less than in 2023 but is still 22.5% higher than the pre-pandemic rent rate of $1,407 in April 2019. Advertisement18 cities where rents have fallenRenting is also much more affordable than it was during the pandemic peak. The typical Austin apartment in April went for $1,494, which is down 11.5% — or nearly $200 — from the peak rent of $1,689 in September 2022. Below are the 18 US cities, many of which became Zoomtowns during the pandemic, where apartment prices are down at least 5% from their post-2019 peak. Along with each is its median rent in April, year-over-year rent change, peak rent, and change from that peak rent figure.

Persons: —, Realtor.com, Jiayi Xu, Xu, Austin Organizations: Service, Business, Star Locations: Austin

☆ Opinion | Fixing the Calamity in U.S. Math Knowledge Starts With Algebra
▼ + stars: | 2024-05-21 | by ( Brent Staples | ) www.nytimes.com time to read: +1 min

Since then, the already alarming achievement gaps that separate poor and wealthy children have only widened. As Troy Closson of The Times wrote this week, some school systems have opted for policies that disguise the achievement gap without remedying it. This system wrote off poor students who might have benefited from exposure to new material and denied well-prepared children the opportunity to forge ahead in their studies. Not surprisingly, the policy failed to achieve its central goal, which was to close racial gaps in the taking of advanced math courses. Chastened by parental outrage, San Francisco reversed course.

Persons: Troy Closson Organizations: The Times, San Francisco Locations: United States, San Francisco

☆ Trump teases idea of 3-term presidency at NRA convention
▼ + stars: | 2024-05-19 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Donald Trump hinted at extending his presidency for a third term at an National Rifle Association meeting. The speech ended with a pessimistic monologue from Trump set against dramatic music. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump hinted at extending his stay in the White House to a third term if he wins in November. Speaking to a crowd at the National Rifle Association (NRA) annual meeting in Dallas on Saturday, he said: "You know, FDR 16 years — almost 16 years — he was four terms.

Persons: Donald Trump, Trump, — Organizations: National Rifle Association, Service, FDR, Business Locations: Dallas

☆ PGA Championship: Xander Schauffele holds his nerve to clinch long-awaited first major
▼ + stars: | 2024-05-19 | by ( Jack Bantock | ) edition.cnn.com time to read: +8 min

CNN —American golfer Xander Schauffele won the 106th PGA Championship on Sunday, holding off compatriot Bryson DeChambeau in a nail-biting finale to clinch a long-awaited first major title. A final round six-under 65 was just enough to clinch a maiden major title for Schauffele, shredding his unwanted title as one of the most talented golfers to never win one of golf’s four flagship events. Andrew Redington/Getty ImagesDeChambeau laments his ‘B’ gameA fired up DeChambeau played a near-perfect round to push Schauffele to the death, shooting a bogey-free 64 as he hunted a second major crown. 1 and tournament favorite Scottie Scheffler before Friday’s second round. Scheffler escapes a bunker during the final round.

Persons: Xander Schauffele, Bryson DeChambeau, LIV Golf’s DeChambeau, Schauffele, Wanamaker, “ It’s, I’ve, ‘, ” “, ’, Andrew Redington, DeChambeau, Xander, ” DeChambeau, “, Norway’s Viktor Hovland, Collin Morikawa, bogeying, Belgium’s Thomas Detry, Scottie Scheffler, Scheffler, Adam Cairns, Reuters “ I’m, ” Scheffler, Schauffele’s bogeyless, Hovland, lasering, ”, birdies, Scott Taetsch, LIV Organizations: CNN, 106th, Valhalla Golf Club, Masters, Reuters, PGA, Pinehurst, Country Club, America Locations: American, Louisville , Kentucky, Lousville, USA, Texas, North Carolina, Valhalla, Hovland

☆ Warren Buffett's Berkshire has been a net seller of stocks for 6 quarters in a row. Here's why
▼ + stars: | 2024-05-19 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett's Berkshire Hathaway has been a net seller of stocks for six straight quarters despite the recent disclosure of a headline-making purchase of a stake in insurer Chubb . In fact, Berkshire hasn't been a net buyer of stocks since the third quarter of 2022, according to an analysis of filings. The bulk of the first quarter selling came from trimming Berkshire's massive Apple bet by 13% after reaping enormous gains. "If I saw one of those now, I'd do it for Berkshire," Buffett told shareholders, referring to his Japanese investment. Berkshire's cash hoard reached a record $189 billion in the first quarter, up from almost $168 billion in the fourth quarter.

Persons: Warren, Berkshire Hathaway, Chubb, Berkshire hasn't, Buffett, hasn't, I've Organizations: Berkshire, HP, Paramount, Treasury, Federal Reserve Locations: The Omaha, Berkshire, Omaha, Zurich, Louisiana, Pacific

☆ Ukraine’s Usyk beats Fury to become undisputed heavyweight boxing world champion
▼ + stars: | 2024-05-18 | by ( ) edition.cnn.com time to read: +2 min

CNN —Oleksandr Usyk scored a razor-thin split decision over Tyson Fury to become undisputed heavyweight boxing world champion in a thrilling contest at the Kingdom Arena in Riyadh in the early hours of Sunday morning. The 37-year-old Ukrainian is the first boxer to hold all four major heavyweight belts at the same time and the first undisputed champ since the end of Lennox Lewis’ reign in April 2000. Oleksandr Usyk holds a Ukrainian flag as he celebrates with the Undisputed Heavyweight title belt following his victory over Tyson Fury on May 18, 2024. The previously undefeated Briton managed to hang on until the bell but he struggled through the final three rounds of the fight as Usyk chased him down to edge him out on the judges’ scorecards. … It’s a great time, it’s a great day,” a tearful Usyk said in a post-fight interview in the ring, adding that he would grant Fury an immediate rematch.

Persons: Oleksandr Usyk, Tyson Fury, Usyk, Fury, Lennox Lewis ’, Richard Pelham, Briton, It’s, it’s, ”, Australia’s Jai Opetaia, Ireland’s Anthony Cacace, Joe Cordina Organizations: CNN, Getty, Briedis, IBF, IBO Locations: Riyadh, Ukrainian, Latvia, Wales

☆ I have fond memories of high school in America. I'm worried my daughter won't feel the same in Singapore.
▼ + stars: | 2024-05-17 | by ( Jason Erik Lundberg | ) www.businessinsider.com time to read: +5 min

I live in Singapore and lecture in the creative writing and publishing graduate program at Nanyang Technological University, but have also taught at the high school, undergraduate, and community college levels. In 2007, my now-ex-wife (a Singaporean citizen) and I decided to move to Singapore from the US. For the most part, I enjoyed my classes, as well as my extra-curriculars, which in high school consisted of marching band, French club, and physics club. It's possible that, in the 30 years since graduating from high school, my memories have become rose-colored, but I do remember feeling like I had a good balance between my school life and my personal life. The author gets concerned about the amount of pressure put on his daughter by teachers.

Persons: Jason Erik Lundberg Organizations: Service, Nanyang Technological University, Business, Straits Times, Ministry of Education Locations: Singapore, Oklahoma, North Carolina

☆ CNBC Daily Open: Wall Street hits record, 'Thee rate cuts'
▼ + stars: | 2024-05-16 | by ( Abid Ali | ) www.cnbc.com time to read: +2 min

The Charging Bull is seen on an empty Wall Street on April 20, 2020 in New York City. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street hits record highThe S&P 500 and the Nasdaq rose to record highs after inflation data came in lower than expected. All three major indexes closed at record highs. Asia up, Japan's GDP shrinksAsia-Pacific markets rose on Thursday after Wall Street hit record highs.

Persons: Buffett, Chubb, Warren, Berkshire Hathaway, Seng, Biden, Morgan Stanley Organizations: CNBC, Nasdaq, Dow Jones Industrial, Federal, Tech, Nvidia, Apple, Microsoft, GameStop, AMC, Berkshire, Wall, Nikkei, U.S Locations: New York City, Zurich, Asia, Pacific, China

☆ China teases plan to buy unsold homes to fix property crisis. Markets are loving it
▼ + stars: | 2024-05-16 | by ( Laura He | ) edition.cnn.com time to read: +3 min

The index has rallied nearly 30% from its January low, having entered a bull market earlier this month. Longfor Group, the ninth largest homebuilder in China, surged 11%, becoming the top performing stock on the Hang Seng Index. “We think this is a largely symbolic move to show support for the sector with a ‘national team’ for the housing market,” said Citi analysts. “We are cautiously optimistic about the ‘government-led buying on unsold units’ as it’s still being rolled out in more cities, “ said Jeff Zhang, an equity analyst at Morningstar. Nasdaq Golden China Index, which tracks Chinese companies listed on Wall Street, has gained 11% since the start of April.

Persons: ”, “, Jeff Zhang Organizations: Hong Kong CNN, Longfor, China Holdings, National Development, Reform Commission, ’, Citi, ING Group, Morningstar, homebuyers, Communist Party, Nasdaq Locations: China, Hong Kong, Beijing, Hangzhou, Xi’an, Chengdu, Shanghai

☆ In-N-Out Burger is one of the 10 best-led companies in America, says new report—a workplace culture expert isn't surprised
▼ + stars: | 2024-05-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The In-n-Out logo is displayed on the front of an In-n-Out restaurant on October 28, 2021 in Pleasant Hill, California. The new ranking doesn't surprise LaShawn Davis, a leadership and workplace culture expert who founded and runs consulting firm The HR Plug. Davis has worked in human resources for more than a decade, and says it's clear why In-N-Out Burger rivals those tech companies when it comes to leadership and culture. "It starts with the CEO," Davis tells CNBC Make It. In-N-Out's CEO is Linsi Snyder, 42, who took over her family's business at age 27 after a series of family deaths.

Persons: Burger, LaShawn Davis, Davis, Linsi Snyder, Snyder, NBC's, Lynsi Snyder, Lynsi Torres, Rod Association's Lucas, Bob Johnson, —, Forbes —, Daniel Zhao, who've, Zhao Organizations: Nvidia, CNBC Locations: Pleasant Hill , California, Burger, Redding , California

☆ Chubb is 'ideal fit' for Warren Buffett's investment style, says Deutsche Bank
▼ + stars: | 2024-05-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's purchase of a 6.4% stake in Chubb makes perfect sense as the insurer checks all the boxes of the Oracle of Omaha's investment criteria, according to Deutsche Bank. "We believe that Chubb is an ideal fit for Warren Buffett's investment philosophy, characterized by high-quality business with strong [returns on equity], a robust economic moat, a proven track record of compounding returns, and a distinguished management team," Deutsche Bank analyst Cave Montazeri wrote in a note to clients. Buffett's Berkshire Hathaway unveiled a $6.7 billion stake in Zurich-based Chubb in a new regulatory filing, ending months of speculation over the identity of the secret stock pick. Deutsche Bank said Chubb has a disciplined approach to underwriting and capital allocation and, in the near term, should benefit from earned pricing above loss costs, strong investment income and growth in its international operations. CB ALL mountain Chubb Deutsche Bank has a buy rating on Chubb and a 12-month price target of $278, implying a 10% gain from Wednesday's close of $252.97.

Persons: Warren Buffett's, Chubb, Warren, Cave Montazeri, Berkshire Hathaway, Montazeri, — CNBC's Michael Bloom Organizations: Oracle, Deutsche Bank, Berkshire, Securities and Exchange Commission, Chubb Deutsche Bank, ISI, Alleghany Corp Locations: Zurich, U.S, Omaha, Berkshire

☆ PGA Championship: When Y.E. Yang became ‘The Tiger Killer’ to clinch Asia’s first men’s major trophy
▼ + stars: | 2024-05-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +13 min

Tiger Woods, world No. Yang?’Despite his giant-slaying efforts, Yang was still relatively unknown when he pitched up to PGA Tour qualifying school the following season. Yang clinched his first PGA Tour title on his fourth start of the season at the Honda Classic to join K.J. Streeter Lecka/Getty Images“I wasn’t that nervous because it’s a game of golf,” Yang told reporters. The 24-year-old American stamped a last-minute ticket to Valhalla with his first PGA Tour victory at the inaugural Myrtle Beach Classic on Sunday.

Persons: Yang, –, Woods, ”, Joe, Mike Douglas, Yang –, Joe ”, fatefully, Yang toasts, ’, “, ” AJ Montecinos, texted, “ I’d, ” Montecinos, Montecinos, Jamie Squire, Choi, Montecinos –, Charles Baus, It’s, you’re, – it’s, Streeter Lecka, ” Yang, “ It’s, ” Woods, I’m, Hideki Matsuyama’s, Yang …, Christian Petersen, Montecinos ’, Chris Gotterup, Wanamaker, Tiger Organizations: CNN, Korean –, Hazeltine, Augusta National, –, CBS, European, HSBC, PGA Tour, PGA, Honda, K.J, Koreans, South Korean, Woods, Tiger, Hong, Korean, Southern Hills, Myrtle Beach Locations: Chaska , Minnesota, Jeju, Korea, Asia, Shanghai, China, Korean, Texas, San Antonio, Hazeltine, Woods, Hong Kong, Tulsa , Oklahoma, Valhalla, Kentucky

☆ Stocks making the biggest moves after hours: Chubb, Cisco Systems, Palo Alto Networks and more
▼ + stars: | 2024-05-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Chubb became Berkshire's ninth biggest holding at the end of March, according to a new regulatory filing. AST SpaceMobile — Shares rocketed 33%. Cisco Systems — Shares jumped nearly 5% after the IT giant reported fiscal third-quarter adjusted earnings of 88 cents per share on revenues of $12.70 billion. The results topped analysts' estimates for earnings of 82 cents per share on revenues of $12.53 billion, according to LSEG. Palo Alto Networks — The cybersecurity company saw its stock rise 1% after announcing it will buy cloud security software assets from IBM .

Persons: Chubb, Berkshire Hathaway, Riley, Hawkins —, — CNBC's Scott Schnipper Organizations: AST, Cisco Systems —, Riley, Management, Alto Networks, IBM, Palo Alto Locations: Zurich, Los Angeles, Hawkins — The Minnesota, Palo

☆ Adam Neumann is now in the publishing business, with his residential real estate company buying a quirky Montauk surfing magazine
▼ + stars: | 2024-05-15 | by ( Ben Bergman | ) www.businessinsider.com time to read: +1 min

Adam Neumann founded Flow in 2022 to transform residential real estate. Flow has acquired Whalebone, which bills itself as the "The Ninth-Best Magazine in the World." The magazine is being renamed as the Flow Trip and looks to serve as an in-house content arm. Flow has acquired Whalebone, a quirky bimonthly Montauk lifestyle publication that bills itself as the "The Ninth-Best Magazine in the World," according to an announcement on the magazine's website. This story is available exclusively to Business Insider subscribers.

Persons: Adam Neumann, —, WeWork, he's, Neumann Organizations: Magazine, Service, Business

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