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While 2024 marked another "challenging" year for biotech stocks, some names could be slated for upside in the months ahead, according to JPMorgan. That said, biotech stocks specifically have not seen nearly the same level of gains. Wall Street is mostly bullish on Vertex, as 21 of the 35 analysts covering the stock have a strong buy or buy rating. The stock has advanced 13% in 2024, and JPMorgan thinks it is "well positioned" for continued expansion. "We believe the portfolio will see appreciation for several value drivers in 2025," analyst Brian Cheng told clients.
Persons: Jessica Fye, Fye, Tessa Romero, Brian Cheng Organizations: JPMorgan, Dow Jones Industrial, Nasdaq, Vertex Pharmaceuticals, Immune, Edgewise Therapeutics
London CNN —Next week, Catherine, Princess of Wales is set to make her biggest return to royal duties since revealing that she had completed her chemotherapy treatment earlier this year. It’s a welcome signal if we remember that the Princess of Wales was forced to skip a state visit by the Emperor and Empress of Japan in June as she was undergoing chemotherapy. Max Mumby/Indigo/Getty ImagesThe extravagant procession will be followed by lunch at Buckingham Palace and a cultural exhibition. Preparations in the ballroom at Buckingham Palace on June 25, 2024, ahead of a state banquet during the three-day visit by Japan's emperor and empress to Britain. She also missed the annual Diplomatic Corps reception at Buckingham Palace last week, which was held to celebrate foreign diplomats in London.
Persons: Catherine , Princess, Kate, Prince William, Princess, Wales, Emperor, Emir Sheikh Tamim bin Hamad Al Thani, Sheikha Jawaher, King Charles, Queen Camilla, King Charles III, Emperor Naruhito, Empress Masako of Japan, Max Mumby, Prince of Wales, Sheikha, It’s, Aaron Chown, Organizations: CNN’s Royal, London CNN, Horse Guards, Qatari, Household Cavalry, Buckingham Palace, Royal Collection Trust, Westminster Abbey, Britain’s, Getty, Buckingham, Kensington Palace, CNN Locations: London, Qatar, United Kingdom, Buckingham, Japan, St, Westminster, Britain, AFP, Southport
AdvertisementSpain has approved a law granting employees up to four days of paid climate leave. Spain is enacting a new law granting employees up to four days of paid climate leave following last month's devasting floods, which killed more than 200 people. "For the first time, Spain will have paid climate leave for working people," she said. In an interview with Spanish broadcaster RTVE, Díaz said the paid leave will be relevant whenever an authority issues a climate-related alert that advises people to stay at home for safety reasons. AdvertisementSpain's economy minister, Carlos Cuerpo, said on Thursday that the paid leave applies when employees cannot safely reach their workplace or work remotely, Euronews reported.
Persons: Yolanda Díaz, RTVE, Díaz, Esther Lynch, Lynch, Carlos Cuerpo Organizations: Spain's, Labour, Social, Ministers, European Trade Union Confederation, The Bank of Spain Locations: Spain, Valencia, Spanish, Valencian
The premium luggage and travel retailer is slashing as much as 30% to 40% off a selection of bags and accessories, while many items are 20% off. You can find more sales in our guide to the best Black Friday luggage deals. View at TumiTumi Mezzanine Rivera Satchel $629.00 $1,050.00 Save 40% Tumi may be better known for luggage, but it also makes luxury handbags. View at TumiBlack Friday Tumi luggage FAQsDoes Tumi offer a lifetime warranty? While year-round Tumi sales are not unheard of, like many retailers, Tumi uses Black Friday to offer the biggest discounts.
Persons: We've, Tyler, Rivera Satchel, Tumi Harrison Nelson, Nelson, Tumi Organizations: Business, Tumi's, Tumi, Tote Locations: View
Ether , the digital silver to bitcoin's gold, has outperformed the rest of crypto since the U.S. election and brought ether ETFs to life at last. Plus, the absence of regulatory clarity has meant an inability for investors to " stake " their ether for yield. It's still up 59% for 2024, but it's trailing bitcoin at 126% and the rest of the crypto market, as measured by the CoinDesk 20 index, at 94%. "[The] Trump impact on bitcoin and crypto including ETH is not priced in yet," he said. To be sure, there's an awareness gap among average investors of bitcoin versus ether.
Persons: Solana, It's, Zach Pandl, Mark Connors, Donald Trump, Trump, Joe Biden, Pandl, Ethereum, Matt Hougan, , JPMorgan's, Hougan, I'm, Harris, — it's Organizations: Investors, Solana, ETH, Bitwise, DeFi Locations: United States, U.S, tokenization, bitcoin, ETH —, ETH
CNN —Nick Cannon has spoken out about his recent diagnosis of narcissistic personality disorder, saying “I need help.”The “Masked Singer” host revealed in a podcast earlier this month that he had been “clinically diagnosed” with the mental health condition. Now he has said he is accepting of the label and using it to try to improve himself. “To be able to say I’m an example for others, but also be healing during the self-process works too.”People with narcissistic personality disorder have “an unreasonably high sense of their own importance,” which leads them to seek excess attention, according to the Mayo Clinic. In the episode, which first aired on November 8, he told psychologist Cheyenne Bryant that he had been clinically diagnosed with the condition. And in that there’s markers.”Cannon said he identified with all of the so-called markers, besides lack of empathy and rage.
Persons: Nick Cannon, Singer, , , Cheyenne Bryant, ” Cannon, Cannon, I’ve, Organizations: CNN, Los Angeles Mission, Mayo Clinic
Deep in the canyons of New York’s financial district, there is an office tower that matches the cultural moment, for better and for worse. Known as the WSA building (short for Water Street Associates), the 31-story structure, at 175 Water Street, has become a nexus for the kind of people who might not otherwise set foot in this neighborhood of bankers and brokers. Built in 1983, the tower was the longtime global headquarters of the insurance giant A.I.G. sold the building for about $270 million in 2019, it sat all but empty during much of the pandemic, when scores of companies, including A.I.G., left the financial district. In late 2022, an LLC under the name 99c bought the building for $252 million and announced a bold plan to “reinvent” the property.
Organizations: WSA, Water Street Associates Locations: New York City
CNN —Dwayne “The Rock” Johnson may be brawny, but even he gets a little bit of help sometimes. After photos published of Johnson on set of the live-action version of “Moana,” he confirmed he wears a bodysuit in project. “That’s a suit that took a long time to put on,” the actor said. “We shot outside and when those pictures surfaced, I was like, ‘S**t, we got caught, ’cause we were putting up, like, walls so there was no paparazzi,” he said. So, but I’m happy you liked it.”The animated sequel, “Moana 2,” is currently burning up the box office and Johnson said the live-action version will hit theaters in 2026.
Persons: Dwayne “, ” Johnson, Johnson, , Organizations: CNN Locations: Moana, , Maui
Gifts under $50 can strike a balance between thoughtfulness and practicality, making them ideal for family, friends or even a secret Santa exchange during the holiday season. With that in mind, here are 10 unique, fun and practical gifts for everyone on your shopping list, curated by CNBC Make It staff members. But fortunately for my oral health and fragile ego, my people-pleasing tendencies won out — and the product changed my life. Packing cubesPrice: $21.59 I'm not going to lie — I was influenced by TikTok to buy these Bagsmart compressible packing cubes. I've used it to label everything from my the tabs in my recipe binder to different sizes of knitting needles.
Persons: who've, , haven't, — Megan Sauer, I'm, Cheyenne, Elham Ataeiazar, — Judy Lagrou, mitt Price, — Cameron Albert, Deitch, — Emmie Martin, Ferris, — Ester Bloom, TikTok, Price, I've, — Hanna Howard Organizations: CNBC Locations: Cheyenne DeVon, Netherlands, Italy, Airalo, Europe
She was bleary-eyed and overwhelmed, as mothers juggling an infant and toddler tend to be, when she started scrolling TikTok and stumbled upon the children’s personality known as Ms. Rachel. Ms. Rachel is the star of a mega-viral YouTube channel created with her husband (known to viewers as “Mr. Aron”) who makes educational musical videos for the baby and toddler set, complete with bursts of animation and Broadway-worthy show tunes. She does a lot of peekaboo and dramatic wondering of “what’s in” boxes: “What’s in the box? Her goal: to work with her and her husband on a toy line for her company, Spin Master.
Persons: Laura Henderson, Rachel, Taylor Swift, Mr, Aron ”, Rachel Accurso, Herbie, Aron Accurso, Ms, Henderson Organizations: Spin Locations: Toronto
This article is part of Times Opinion’s Giving Guide 2024. Read more in a note from Times Opinion’s editor, Kathleen Kingsbury. ProPublicaThe political devolution that led Americans to elect Donald Trump again has many causes, but one of them is the collapse of local news. In the absence of strong local journalism, conspiracy theories and demagogy have flourished. Trump will return to office at a moment of weakness and instability for the journalism business.
Persons: Read, Kathleen Kingsbury, Donald Trump, Trump Organizations: Politico, Progress
AdvertisementMcKinsey, Bain, and BCG are top strategy consulting firms with low acceptance rates. McKinsey & Company, Bain & Company, and Boston Consulting Group — collectively referred to as MBB — are widely considered the top three strategy consulting firms in the world. Sometimes referred to as the Big Three, MBB firms are among the most prestigious consulting firms and their clients include many Fortune 500 companies as well as government agencies. MBB firms typically offer highly competitive salaries, generally paying more than other consulting firms, and often come with demanding work responsibilities and expectations. The MBB firms are strategy and management consulting firms.
Persons: Jessica Apotheker, Jobs, It's, Bob Sternfels, Christoph Schweizer, Rich Lesser, Amber Grewal, Alicia Pittman, BCG's, Bain & Company Bain, Bain, Christophe De Vusser, Davis Nguyen Organizations: McKinsey, Bain, Fortune, McKinsey & Company, Bain & Company, Boston Consulting Group, Big, Deloitte, EY, KPMG, Company McKinsey, Business, Boston Consulting, Financial Times, undergrads Locations: New York City, undergrad, Boston
Learn moreWelcome to your one-stop shop for this weekend's best Black Friday streaming deals. View at PeacockPeacock Premium Plus (Monthly Plan) $13.99 Peacock Premium Plus subscription is $14 a month. Then Britbox is a streaming service for you as it's packed with classics from the likes of the BBC and ITV. Am I locked into a contract if I sign up for one of these Black Friday streaming deals? By default, once the deal you've signed up for ends, the streaming service will re-subscribe you for the regular price.
Persons: Max, HBO Max, Peacock, we've, We'd, That's, We're, Sherlock, Luther, Harry Potter, Max Max, It's, There's, you'll, you've Organizations: Business, HBO, Disney, Paramount, Hulu, Disney Disney, Disney Plus, NBC, Football, Peacock, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus Paramount, Paramount Plus, BBC, ITV, Max, Starz, Starz Starz, Service, ESPN, MLB, NHL, UFC, ESPN Amazon Prime, Amazon Locations: British, Downton Abbey
AdvertisementBusiness Insider asked 27 venture-capital investors to nominate the most promising fintechs. Here are the top 15 AI fintechs, according to VCs. Earlier this year, Business Insider asked dozens of VCs to identify the most promising fintechs to watch. Indeed, it is difficult to point to one area of finance where AI startups aren't threatening to change the way people bank, invest, save, and work. Here are 15 of the most promising AI fintechs to watch, according to top VCs.
Persons: fintechs Organizations: Wall, Business
Now, he's balancing writing comics with working on the "Lanterns" TV series for HBO. So I threw that away and I'd be like, 'Oh, I'm a comic writer.' Pretending to be a comic writer in the CIA meant he was already in the right mindset. AdvertisementIn 2013, he wrote for the Vertigo imprint, before his first work at DC Comics, "Nightwing" — about Batman's former sidekick — was published in 2014. Movies: King is a member of the team developing the "Supergirl: Woman of Tomorrow" movie based on his comic series of the same name.
Persons: Tom King, King, Robert Harras, King's, Tom, they'd, , Eisner, Lady Shiva, Ryan Sook King, they're, nothing's, Damon Lindelof, Chris Mundy, Hal Jordan, Kyle Chandler, John Stewart, Aaron Pierre, Neal Adams, Neal, Damon, Chris Organizations: CIA, HBO, Marvel, Columbia University, Department of Justice, Business, Pearl, DC Comics, DC, Corps Locations: Los Angeles, New York, Afghanistan, Iraq, Pakistan
AdvertisementIndia's airlines have received 999 hoax bomb threats this year, according to an Indian official. He said there were 500 bomb threats in the last two weeks of October alone, but all were hoaxes. India's airlines have already received 999 hoax bomb threats this year, Murlidhar Mohol, India's deputy civil aviation minister, said on Thursday. Mohol said that 12 people had been arrested in connection with 256 police complaints filed over hoax bomb threats up until November 14, and that more than 500 threats had been made in the final two weeks of October, more than in the rest of the year combined. AdvertisementAnother Air India plane flying from Mumbai to New York was diverted midair to New Delhi in October, The Indian Express reported at the time.
Persons: Murlidhar, Mohol Organizations: Reuters, Boeing, Air India Express, India, Indian Express Locations: India, Delhi, Chicago, Mumbai, New York, New Delhi
CNN —In a single post, the president-elect told the world what the end of the Ukraine war might look like. Kellogg, Trump’s 80-year-old former national security advisor, has laid out his peace plan in some detail, writing for the America First policy institute in April. Kellogg says more weapons should have been given before the Russian invasion, and immediately afterwards, to enable Ukraine to win. But that’s when the plan – which CNN has reported that Trump’s soon-to-be national security adviser is considering - stops being to Ukraine’s liking. The plan notes the United States manufactures 14,000 155 artillery rounds a month, which Ukraine can use up in just 48 hours.
Persons: Keith Kellogg, ” Trump, Donald Trump, Kellogg, Biden, , Putin, Trump’s, Hyacinth, Richard Haas, Charles Kupchan, ceasefires, Sergei Supinsky, “ Biden, , don’t, revel Organizations: CNN, Trump’s, America, NATO, Mechanized Brigade, Ukrainian Armed Forces, Reuters, Russia, United States, Getty, Trump Locations: Ukraine, Russia, United States, China, Taiwan, , Moscow, Russian, Kyiv, AFP, America
Will the Markets Check Trump’s Power?
  + stars: | 2024-11-29 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
The president-elect follows the markets closely. Since Election Day, a great deal of financial analysis has been devoted to one central question: How will the new Trump administration affect the markets? But another important question isn’t being asked as frequently: To what extent can the markets serve as a check on the power of the president? Given this vacuum, it’s reasonable to wonder whether the markets will play an outsize role. Yes, in a tenuous and unpredictable way, the markets are likely to influence the next administration’s decision-making and, occasionally, serve as a check on some of Mr. Trump’s most immoderate behavior.
Persons: Trump, Donald J, Trump’s Organizations: Senate
Stocks Resume Post-Election Rise
  + stars: | 2024-11-29 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com   time to read: +1 min
He linked the tariffs to what he said was the need to curb the inflow of drugs and undocumented immigrants. The S&P 500 rose 0.6 percent on Friday, closing at a new high of 6,032.38, at 1 p.m., after a day off for the Thanksgiving holiday. It was the last trading day of November, and the index rose 5.7 percent for the month, according to FactSet. That continued a surge that began even before the election, when Wall Street began to predict that Mr. Trump would win. His proposals for cutting taxes and easing the regulatory burden on businesses have been greeted with enthusiasm in the markets.
Persons: Donald J, Trump’s, Trump, Organizations: Wall Locations: Canada, Mexico, China
Black Friday Used to Be Fun for Shoppers. What Happened?
  + stars: | 2024-11-29 | by ( Mike Dang | ) www.nytimes.com   time to read: +1 min
For Max Frazier, shopping on Black Friday used to be one of his favorite annual traditions. On Thanksgiving, Mr. Frazier and his wife would scan through newspaper ads looking for deals on toys that they wanted to buy their grandchildren. One year, one of Mr. Frazier’s granddaughters announced that she wanted a giant teddy bear she had seen at Target. “When we were checking out, people were like, ‘Where did you get that bear?’” Mr. Frazier, a 67-year-old retired teacher, recalled. Mr. Frazier said he had not shopped on Black Friday in at least five years.
Persons: Max Frazier, Frazier, Frazier’s, Mr,
India's economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter of 2022. Economists polled by Reuters had forecast growth of 6.5% for the period, while the Reserve Bank of India expected an expansion of 7%. The weak GDP reading could potentially affect the country's interest rate trajectory, with the RBI's Monetary Policy Committee scheduled to meet between Dec. 6-8. Markets watchers had been expecting an eleventh consecutive pause by the RBI, with the repo rate currently at 6.5%.
Persons: Harry Chambers Organizations: Reuters, Reserve Bank of India, Capital Economics
Often overlooked as a behind-the-scenes job, IT support offers competitive salaries, diverse opportunities and flexibility that many fail to recognize, Lisa Gevelber, a vice president at Google and founder of Grow With Google, tells CNBC Make It. The Bureau of Labor Statistics projects that the number of IT support jobs will grow at least 15% in the next decade — more than three times faster than the average for all occupations. There are more than 300,000 unfilled IT support jobs in the U.S. right now, Gevelber points out. On Google, searches for "IT support jobs" and "IT support skills" hit an "all-time high" in 2024, since the search engine started tracking such queries 20 years ago, she adds. Here's how to land a job in IT support — and where to find the best opportunities:
Persons: Lisa Gevelber Organizations: Google, Grow, CNBC, Labor Statistics Locations: U.S
AdvertisementPutin says Trump is a "smart and experienced person" and can "come up with a solution" to the Ukraine war. In 2022, Trump also said that he "knew Putin very well" and got along "great" with the Russian leader. Russian President Vladimir Putin believes President-elect Donald Trump will be able to put an end to the ongoing war in Ukraine. The Kremlin denied the call had taken place, while a spokesperson for the Trump campaign said they "do not comment on private calls" between Trump and other foreign leaders. AdvertisementShortly after Russia invaded Ukraine in 2022, Trump called Putin's move "genius" and "wonderful."
Persons: Trump, Putin, Vladimir Putin, Donald Trump, Joe Biden's, Zelenskyy, Volodymyr Zelenskyy, Clay Travis, Buck Sexton Organizations: Putin, Business, Fox News, Washington Post, Kremlin, Trump, Biden's Locations: Ukraine, Kazakhstan, Kazakhstan's, Astana, Russia, Europe
An Alabama A&M linebacker who suffered a head injury in an October football game died Wednesday night, a Jefferson County, Ala., deputy coroner confirmed Friday. Medrick Burnett Jr., a 20-year-old redshirt freshman for Alabama A&M, sustained the head injury in the Magic City Classic on Oct. 26 against in-state rival Alabama State, according to the Associated Press. Alabama A&M announced that Burnett had died Wednesday morning but withdrew its statement hours later after learning that he remained alive. The school said it was “originally advised by an immediate family member on Tuesday evening” before it heard from a representative of UAB Hospital. Statement from Athletics We retract the news of the passing of Medrick Burnette Jr, that was originally advised by an immediate family member on Tuesday evening.
Persons: Medrick Burnett, AJ Clifton, Burnett, , Medrick Burnette, Michael Wade Organizations: Alabama, Magic, Alabama State, Associated Press, UAB Hospital, — Alabama, Lakewood, Grambling State, Getty Locations: Alabama, Jefferson County, Ala, , Lakewood Calif
Learn moreBlack Friday has arrived, and the best Walmart Black Friday deals include major discounts on top items. For even more deals, make sure to bookmark our guide to the best Black Friday deals, which span multiple retailers. Best Black Friday Walmart tech dealsIf you're looking for tech beyond Apple, Walmart has several deals on items from Sony, Samsung, Beats, and more. View at WalmartBest Black Friday Walmart TV dealsThe best Walmart Black Friday deals can be seen across top brands like Sony, LG, Vizio, and Hisense. View at WalmartBest Black Friday Walmart Apple dealsThere are tons of Black Friday Apple deals at Walmart, including savings on the Apple Watch 10 and sets of AirTags.
Persons: it's, Max, they're, It's, Walmart Apple, Blackstone, gelato Organizations: Business, Walmart, Sony PlayStation, Apple AirPods, Dyson, Apple, Samsung, Sony, PlayStation, Walmart Sony, Slim, Walmart Nintendo, Nintendo, Mario Kart, Walmart Samsung Galaxy Watch, Galaxy, LG, Friday, Walmart Apple, iPad, Black
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