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It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.
Persons: CNN Business ’, they’ve, that’s, it’s, they’re, , Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, , Texas
The rally in Bozeman was Trump’s first since Vice President Kamala Harris officially secured the Democratic nomination and selected Minnesota Gov. “We need the Senate,” Trump told the crowd Friday, stressing the critical nature of the contest here. “His really is valor,” Trump said of Sheehy, who served in Iraq and Afghanistan, among other deployments. Trump used the attention to toss a familiar laundry list of attacks against Harris, Walz and Democrats more broadly. “You can imagine if President Trump had to call Chuck Schumer and try to figure out how to get his nominees through,” Daines said.
Persons: Donald Trump, Sen, Jon Tester, Trump’s, Kamala Harris, Tim Walz, ” Trump, Trump, Matt Rosendale, Tim Sheehy, , Ronny Jackson, Jackson, Tester, , Donald Trump’s, , Harris, Walz, Ohio Sen, JD Vance, Vance’s, Vance, I’m, Sheehy, ” Vance, ” Walz, mispronounced Harris, ” “ Kamala, Kamala, she’s, Montana Sen, Steve Daines, Daines, Chuck Schumer, ” Daines, Sherrod Brown’s, CNN’s David Wright Organizations: Montana CNN, GOP, Democratic, Minnesota Gov, Trump, Senate, Navy, Senate Veterans ’ Affairs, White, Veterans Affairs Department, ” New Democratic, Republican, Marine Corps, ABC, Army National Guard, Congress, National Republican Senatorial Committee, Montana Republicans Locations: Bozeman, Montana, Rosendale, Texas, Pennsylvania, Michigan, Wisconsin, Arizona, Iraq, Afghanistan, Florida, Lago, Minnesota, nonjudicial, ” The Montana, Ohio
But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.
Persons: can’t, , Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, , ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s
A popular influencer apologized this week for her past racist posts on social media, prompting outrage from some Black creators who say they are tired of white creators constantly having their previous racist behavior unearthed without significant repercussions. Who is changing if this same thing happens like clockwork?” said creator Cameron Kira in a TikTok video, which stitched footage from her own 2023 video in which she addressed a different creator’s racist tweets. Some Black creators also said that they feel white creators who previously posted racist remarks emphasize that they have changed with little evidence to suggest they have. She said it wasn’t until after college that she began to “shift her way of thinking.”In a follow-up video, Schofield said she “missed the mark” in her first attempt and directed her second apology to Black viewers. We get treated like adults.”People online have become desensitized to racism from white creators, according to Barry.
Persons: Brooke Schofield, George Zimmerman’s, Trayvon Martin, Black, I’m, ” Schofield, I’ve, Schofield, Schofield’s, Cameron Kira, Kira —, , Zari Taylor, , ” Taylor, Brooke, they’ll, Taylor, YouTuber Tana Mongeau, it’s, Lie, Mongeau, Kahlen Barry, Vanessa Martinez, George Floyd, Derek Chauvin ., Barry, , she’s “, i’ve, would’ve, Martin, ” Barry Organizations: New York University, NYU, Martin Foundation, Locations: Minneapolis, Mongeau
Team USA middle-distance runner Nikki Hiltz secured a spot in the women’s 1500-meter semifinals after finishing third in their qualifying heat at the Paris Olympics on Tuesday. Keep going,” Hiltz wrote, in part, on Instagram. “I will keep men out of women’s sports!” Trump wrote on his social media site, Truth Social, in all caps. “Transphobia is going crazyyyy at these Olympics,” Hiltz wrote in an Instagram story. I could just feel the love and support.”Hiltz will compete in the women’s 1500-meter semifinal on Thursday.
Persons: Nikki Hiltz, , it’s, ” Hiltz, Imane, Lin Yu, Lin, Khelif’s, Angela Carini, Carini, Elon Musk, Harry Potter ”, J.K, Rowling, Donald Trump, ” Trump, Hiltz, transphobia, , Organizations: USA, Paris Olympics, Boxing Association, International Olympic Committee, IOC, IBA, Tokyo Olympics, Games, NBC Sports, Pride, NBC Locations: Instagram, Algeria, Taiwan, Russian, Paris, Italian,
Disappointing economic data recently generated worries that the Fed missed an opportunity at its meeting last week to, if not cut rates outright, send a clearer signal that easing is on the way. In the past, the Fed has implemented just nine such cuts, and all have come amid extreme duress, according to Bank of America. Lacking a catalyst for an intermeeting cut, the Fed is nonetheless expected to cut rates almost as swiftly as it hiked from March 2022-July 2023. Why wait?”LaVorgna, though, isn’t convinced the Fed is in a life-or-death battle against recession. Still, any quakes in the data, such as Friday’s downside surprise to the nonfarm payrolls numbers, could ignite recession talk quickly.
Persons: Jerome Powell, ” Steven Blitz, , Andrew Hollenhorst, , ’ ”, Michael Gapen, Powell, Joseph LaVorgna, , “ They’ll, isn’t, Goldman Sachs, David Rosenberg Organizations: Federal Reserve, TS Lombard, Fed, Citigroup, Bank of America, Nikko Securities, Rosenberg Research Locations: Jackson Hole , Wyoming, Nikko
The Olympic sendoff friendlies seemed to clue at an early theory: park the bus, play defense-first soccer and frustrate the United States until you find a chance to try an attack. Although having Coffey back from suspension helped toward that end, the United States was still thin in central areas. Berger and Naeher were both instrumental in keeping the score 0-0 throughout regulation, Berger moreso given the United States’ stronger attacking presence. Tournament Naeher is a different beast from any other level of her play. The United States heads to its first Olympic women’s gold medal match since the 2012 London Games.
Persons: Sophia Smith, Smith, Trinity Rodman, Mallory Swanson, ” Smith, , Mal, Emma Hayes, Tierna Davidson, Sam Coffey, Davidson, Emily Sonnett, Rose Lavelle, Lynn Williams, Alyssa Naeher’s, ” Jeff Rueter, Steph Yang, Ann, Katrin Berger’s stolid, Berger, Swanson, Rodman, Williams, you’d, Naomi Girma, Becky Sauerbrunn, Naomi Girma’s, Girma, shouldn’t, , Jeff Rueter, Hayes, we’ve, Hayes ’ USWNT, Costa Rica wasn’t, Lindsey Horan, Coffey, hasn’t, they’ll, Naeher, Laura Freigang’s, it’s, she’s, Alyssa Naeher, Gv5tkEhLP0 — CJ, John Todd, Getty Organizations: U.S, women’s, Olympic, NBC, , Japan, Germany, United Locations: Germany, U.S, Swanson, Lyon, United States, Hayes ’, Mexico, Costa Rica, Spain, Brazil, States
Back then, breaking’s fundamental movements provided escapism and expression, competitive and spontaneous physical performance breathed to life by the dawning genre of hip-hop. But breaking — not “break dancing,” a term coined by media and disdained within the breaking community — no longer belongs solely to New York City. In Paris, Olympic breakers representing countries like Japan, Lithuania and Morocco will compete one-on-one in battles waged for a global television audience. Technology like VHS tapes, DVDs and video platforms like YouTube allowed breakers around the world to learn moves and iterate new ones. “That’s why I love it so much, because it’s never the same,” said Menno van Gorp, who will represent the Netherlands.
Persons: DJ Kool Herc, Flash, , Beta, Martha Cooper, it’s, Menno van Gorp, “ It’s, It’s, Bull’s Organizations: YouTube, Summer Games Locations: Bronx, New York City, Paris, Japan, Lithuania, Morocco, Miami, Jamaica, Queens, nooks, Netherlands
The Serbian tennis legend had won all four Grand Slam titles and practically every honor there is in the sport, but the Olympic gold medal had escaped him. Paul Ellis / AFP via Getty ImagesSimone Biles' Olympic medal collection has officially reached double digits. , the American cyclist who didn’t even qualify for the Olympics but is now going home with a gold medal. Racing in a downpour, Julien Alfred won the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final. the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final.
Persons: Noah Lyles, Jamaica’s Kishane Thompson, ’ Fred Kerley, Hector Vivas, Lyles, Novak Djokovic, Matthew Stockman, Novak Djokovic couldn’t, Djokovic, Carlos Alcaraz, Simone Biles, Paul Ellis, , Biles, hasn’t, , ” Biles, Suni Lee, Kaylia Nemour, Qiu Qiyuan, David Li, Imane, Hungarian Anna Luca Hámori, ” Khelif, Lin Yu, Thomas Bach, Kristen Faulkner, Bobby Finke, Katie Ledecky can’t, Julien Alfred, Saint Lucia, Sha'Carri Richardson, Kamala Harris, Whom Harris, we’ll, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, MAGA, Harris, Nikki Haley, Donald Trump, Trump, Vance, SCOTUS, Neil Gorsuch, Joe Biden's, Debby, Storm Debby, Darren Staples, Keir Starmer, Israel, Ismail Haniyeh, Fuad Shukr, “ They’ll, Michael G Organizations: Paris Olympics, U.S, Olympic, Getty, NBC News Algerian, Team USA, Saint, Paris, Taxi, Philadelphia . Kentucky Gov, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Republican, GOP, ABC, Fox News, Tropical, National Hurricane Center, NOAA, U.S . Justice Department, Protesters, NBC News, NBC News Companies Locations: Serbian, Paris, Tokyo, Los Angeles, China, Hungarian, Taipei, U.S, Philadelphia . Kentucky, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Florida, of Mexico, Rocky, Southern California, Mississippi’s, Nottingham, England, AFP, Southport —, Liverpool, Hull, Israel, Iran, Breakwater, Rockland , Maine, South Florida, Nashville , Tennessee, Atlanta
TEL AVIV — Israel is bracing for a potential multiday attack by Iran and its ally Hezbollah following the assassination of two senior militant leaders last week, an Israeli official told NBC News. Israel killed Shukr in a strike on the southern suburbs of Beirut last Tuesday. Hours later, news broke that Haniyeh was killed in Tehran in the early hours Wednesday morning. The call was “tense,” according to the Israeli official. This time, the Israeli official said the attacks could come over several days, with Hezbollah attacking Israel from the north while Iran’s longer-range weapons are fired from the east.
Persons: Ismail Haniyeh, Fuad Shukr, “ They’ll, Shukr, , Haniyeh, Masoud Pezeshkian, Joe Biden, Benjamin Netanyahu, “ Biden, Israel, Netanyahu, Raf Sanchez, Doha Madani Organizations: NBC News, Diplomats Locations: TEL AVIV, Israel, Iran, Beirut, Golan, Tehran, Gaza, U.S, Cairo, Damascus, Tel Aviv, Doha, New York City
It takes direct aim at the proliferation of rules, regulations and statutes that govern our lives. But I’m really intrigued by the emphasis on the human toll. Critics of the regulatory state often emphasize the economic toll of dense regulations and rules. What is the human toll? Neil Gorsuch: Well, that’s sort of a question about why I wrote the book, David, I think.
Persons: Neil Gorsuch, , Janie Nitze, David French, I’m, that’s, David, I’ve Organizations: Supreme, Federal Register Locations: States
The vice president likes to take her time with decisions. “This is a decision that is not just a campaign decision,” Transportation Secretary Pete Buttigieg said in an unrelated interview with CNN last week. “The vice president has a very deeply personal decision to make right now. Andy Beshear and several other governors over to her residence for what became a gripe session about the Biden campaign in February. Obama reminded his former vice president that they had not gotten along well at first.
Persons: aren’t Kamala Harris, Harris, it’s, , ” Harris, they’re, Josh Shapiro, Joe Biden’s, , they’ve, Pete Buttigieg, Shapiro, Harris –, Biden, Mike Pence, don’t, Tim Walz, JB Pritzker, Andy Beshear, Beshear’s, Arizona’s Mark Kelly, Doug Emhoff, , Cedric Richmond, ” Richmond, Barack Obama, Eric Holder, Dana Remus, Donald Trump’s, Lorraine, Tony West, Jen O’Malley Dillon, Obama, Adam Schiff, ” CNN’s John King Organizations: CNN, Naval, Democratic Party –, Pennsylvania Gov, Staff, Biden, Veterans, Publishers Clearing House, Minnesota Gov, Illinois Gov, Kentucky Gov, Senate, Harris, White, Trump, Democratic, California Democrat Locations: Houston, Philadelphia, Pennsylvania, Minnesota, Illinois, Kentucky, California, Louisiana, Arizona
The Federal Reserve now has egg on its face after it kept interest rates near a quarter-century high earlier this week. By now, there’s ample evidence that the job market, a key driver of the US economy, has lost steam. Here are three reasons to be worried about July’s shockingly weak jobs report — and one silver lining. Consumer demand itself also hasn’t weakened just yet, despite the highest interest rates in more than two decades. Generally, the Fed makes its decision congruent with what’s going on with inflation or the job market.
Persons: , July’s, , , Claudia Sahm, Sahm, Elizabeth Crofoot, Alicia Wallace, Jerome Powell, ” Crofoot, ” Michael Gapen, Matt Egan, weren’t, ” Truist’s Keith Lerner, they’ll, hasn’t, ” Chris Rupkey, Alan Blinder, Paul Krugman Organizations: New, New York CNN, Federal Reserve, Fed, Bloomberg, Bank of America, Dow, Nasdaq, Wall, Investors, Labor, Citigroup, JPMorgan Locations: New York, decelerate, American
“I think it was the worst pressure you could ever be put under,” British former sprinter Allan Wells, who won 100m gold at the 1980 Moscow Olympics, told CNN Sport. “You run through it in your head thousands of times – the start, the gun going off,” Wells added. “It was the worst feeling you could ever have but still be in control of what you were hoping to achieve,” said Wells, one of only three British sprinters to win 100m gold at the Olympics. The legendary Bolt, winner of three consecutive 100m gold medal between 2008 and 2016, said that he would try not to overthink things. Bolt was famously relaxed on the start line, fist-bumping race officials and playing up to the crowd with gestures and poses.
Persons: crouch, Allan Wells, ” Wells, – you’ve, you’ve, Zharnel Hughes, cramping, Hughes, , Wells, Bolt, ” Donovan Bailey, Canada’s, ’ That’s, ” Bailey, Bailey, Michael Johnson, ’ ” Donovan Bailey, John Giles, Noah Lyles, “ Noah, ” Jo Brown, Lyles, , Brown, she’s, “ They’ll, , ” Noah Lyles, Yu, Christian Petersen, Kishane Thompson, Ferdinand Omanyala –, Sha’Carri Richardson, Shelly, Ann Fraser, Pryce, “ It’s Organizations: CNN, Paris ’ Stade de France, CNN Sport, Olympics, NBC, Olympic, Olympic Games Locations: British, Tokyo, Atlanta, Seville
Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.
Persons: David Hancock, Omdia’s, , ” Hancock, “ Young Frankenstein ”, moviegoing, , Ward Johnson, Eddie Landenberger, Christian Meoli, , Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, , Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, , Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland
Despite being in France for the Paris Games for more than a week, Dwyane Wade has spent only one night in the City of Light. And I’m having a good time when I’m on air.”Wade has called the first two group games for the U.S. men’s basketball team, which is looking for its fifth straight gold medal. “This team is so deep, in six games we’re not going to get an opportunity to see how dope this team really is,” Wade says. “But I know basketball. In 2008, Wade was two summers removed from winning NBA Finals MVP but he still came off the bench that summer.
Persons: Dwyane Wade, they’ll, ” Wade, , I’m, Wade, we’re, LeBron James, Kevin Durant, Steve Kerr, Jayson Tatum didn’t, Joel Embiid, aren’t, ’ ” Wade, LeBron, Chris Paul, Kobe Bryant, , hasn’t, Shai, Gilgeous, Alexander, It’s, Noah Eagle, Eagle, “ I’ve Organizations: Paris Games, of Famer, Olympic, NBC, NBC News, U.S, NBA, Serbia, USA, TNT Locations: France, City of, Lille, Paris, Beijing, South Sudan, Sudan, Canada
How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.
Persons: , Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, , Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump
There are cracks forming in the US jobs market
  + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, Locations: Oxford
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. Labor force participation/employment to population ratio: These metrics are key reasons why Bunker and others believe the labor market remains in good shape. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Labor, Economic Policy Institute, Locations: Oxford
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
Right now, domestic airlines treat traveling families differently. A handful, such as JetBlue Airways, American Airlines and Alaska Airlines, guarantee that parents can sit next to their children. But on the others, parents are left to pay for more expensive assigned seats or to bank on the good will of strangers. President Biden even called on Congress to pass legislation targeting fees for families to sit together. “Many airlines still don’t guarantee family seating, which means parents wonder if they’ll have to pay extra just to be seated with their young child,” Mr. Buttigieg said in a statement.
Persons: Joe Biden, Pete Buttigieg, Biden, ” Mr, Buttigieg, Organizations: JetBlue Airways, American Airlines, Alaska Airlines, Transportation, Transportation Department
But good habits and a well-established routine can help you make the choices you are trying to stick to, she told CNN earlier. Habits are behaviors people engage in without conscious thought and are reinforced through repetition, social psychologist Wendy Wood told CNN in a previous article. Try to sleep better: Babies and young children often have a specific routine every night to help them sleep better — maybe it’s a bath, a few books, a song and a snuggle. Grown-ups need that, too, clinical psychologist and sleep expert Michael Grandner told CNN earlier. If you want more impactful wellness habits you can build into your routine, look for more CNN articles every week this National Wellness Month covering sleep, exercise, food and mindfulness.
Persons: Let’s, it’s, Katy, James G, Dinan, Wendy Wood, Michael Grandner, I’ll, , they’ll, , Nitat, Steph Grasso, dietitian, Grasso, Rosamund Dean, Adam Smiley Poswolsky, ” Poswolsky Organizations: CNN, Wellness, Wharton School, University of Pennsylvania, US Centers for Disease Control, World Heart Federation, Research
You’ve just landed a job that is simultaneously the best and worst in Corporate America. There’s a laundry list of problems Ortberg will have to confront on Day One, and he’ll be operating under intense scrutiny from a rabid audience of shareholders, regulators, customers and even the FBI. “I wish I knew more about other industries to say whether he was the worst aerospace CEO or the worst CEO, period.”Under Calhoun’s watch, Boeing’s headaches have multiplied. Ortberg climbed the ranks at Rockwell Collins, an aviation tech supplier, from 1987 to 2013, when he became its CEO. Boeing’s shares rose 2% Wednesday, even after Boeing announced its losses tripled in the second quarter, reflecting Wall Street’s optimism about Ortberg.
Persons: CNN Business ’, Kelly Ortberg, You’ve, that’s, can’t, Ortberg, Dave Calhoun, Richard Aboulafia, , Boeing didn’t, Steven Mollenkopf, Calhoun “, , they’ll, That’s, ” Aboulafia, Robert Clifford, Max, ” Clifford, Chris Isidore, He’s, Rockwell Collins, Ron Epstein, “ Kelly, he’ll Organizations: CNN Business, New York CNN, Corporate, Boeing, Ortberg, FBI, Airbus, Rockwell, Industry, Bank of America, Puget Locations: New York, Corporate America, Seattle, Chicago, Arlington , Virginia
On Thursday, Biles and Lee will both return to Bercy Arena eyeing an individual medal in the event. Biles, the 2016 all-around gold medalist in Rio de Janeiro, led the U.S. women to their first team gold since Brazil on Tuesday. She led the individual all-around competition after qualifying and enters as a heavy favorite to capture her sixth gold medal. McIntosh, 17, won her first Olympic gold medal Monday in the grueling women’s 400-meter individual medley. Marchand, 22, has won gold in all three of his events in Paris, with the 200-meter individual medley remaining.
Persons: , Simone Biles, A’ja Wilson, Katie Ledecky, Pierre Mauroy, Sunisa Lee, Biles, Lee, Brazil’s Rebeca Andrade, Jordan Chiles, Breanna Stewart, You’re, Diana Taurasi, “ We’re, Stewie Kiefer, Scruggs, Patrick Smith, Lee Kiefer, Lauren Scruggs, Kiefer, United States hasn’t, McIntosh, Summer McIntosh, American Regan Smith, Ledecky, Jenny Thompson, Scottie Scheffler, Rory McIlroy, Ludvig Åberg, Xander Schauffele, Viktor Hovland, Jon Rahm Organizations: Paris Games, Bercy, La Defense, NBC, Olympics, USA, Belgium, WNBA, USA’s, , Olympic, United, Le, Tokyo Olympics Locations: Paris, Lille, Nanterre, American, Rio de Janeiro, U.S, Brazil, Japan, , ” Belgium, Germany, United States, China, Canadian, Saint, Quentin, Yvelines, France
Drop bears: The true history of a fake Australian animal
  + stars: | 2024-07-30 | by ( Ben Westcott | ) edition.cnn.com   time to read: +10 min
“Once prey is within view, the Drop Bear will drop as much as eight meters to pounce on top of the unsuspecting victim. When CNN Travel asked Australian film star Chris Hemsworth for advice on avoiding drop bears in 2018, he said: “Bring an umbrella.”The origins of the drop bearDespite the drop bear’s popularity and growing international reputation, its actual origins are unknown. Not every Australian grew up with stories of drop bears, but those who do remember being told about drop bears by their parents, especially people who grew up in the country or in farming communities. The Drop BearsThere is, however, one clear marker of when the mythical drop bears began to enter Australian pop culture. Tell them you’ve got to be wary or (the drop bears) will drop down and take you,” Batchelor said.
Persons: they’ll, , Ian Coate, , Chris Hemsworth, Clint, Paul Hogan, Hogan, Indiana Jones, koalas, savaging Hogan, Coate, ” Coate, Chris Toms, Johnny Batchelor, ” Batchelor, Toms, you’ve, Batchelor, It’s, Bears Batchelor, thylacoleo, Australia’s Coates, Coates, isn’t Organizations: CNN, of Australia, CNN Travel, National Library of Australia, Canberra Times, TAM, Clint, US, Aussie, Bears, Google, Bundaberg, ITV Locations: Australian, , Goannas, Australia, Zealander, Sydney, New Zealand, New South Wales, Bundaberg Rum
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