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☆ With Dueling Ads, Harris and Trump Both Try to Define Her as a Candidate
▼ + stars: | 2024-07-30 | by ( Reid J. Epstein | Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

The race to define Vice President Kamala Harris began in earnest on Tuesday, with both her campaign and former President Donald J. Trump’s team unveiling television advertisements that aim to explain her biography to voters in battleground states. “Kamala Harris has always known who she represents.”Mr. Trump’s new ad, meanwhile, attacks her as being weak on the border. It suggests that she is responsible for millions of border crossings and a quarter-million deaths from fentanyl, which the ad says occurred “on Harris’s watch.” It closes with a new Trump tagline for Ms. Harris: “Failed. Dangerously Liberal.”Just over a week ago, Ms. Harris replaced President Biden as the Democratic Party’s standard-bearer. Despite being the vice president and having represented the nation’s largest state as one of California’s senators, Ms. Harris is relatively unknown by many of the voters in battleground states who are likely to decide the presidential election.

Persons: Kamala Harris, Donald J, Trump’s, “, “ Kamala Harris, Mr, Harris, ”, Biden Organizations: Trump, Liberal, Democratic

☆ Norah O’Donnell to Exit ‘CBS Evening News’
▼ + stars: | 2024-07-30 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —Norah O’Donnell will step down as anchor and managing editor of CBS Evening News following the November election, the veteran journalist told colleagues Tuesday in a memo. O’Donnell, who has helmed the venerable evening news program for nearly five years, will transition to a new role as senior correspondent after the election, contributing stories and “big interviews” across CBS’ platforms and shows. In a note to staff Tuesday, O’Donnell said that while she has cherished her time as anchor of CBS Evening News, it was time for a change. “I have spent 12 years in the anchor chair here at CBS News, tied to a daily broadcast and the rigors of a relentless news cycle,” O’Donnell wrote. Earlier this month, CBS parent company Paramount Global announced plans to merge with Skydance Media and a major leadership change.

Persons: Norah O’Donnell, O’Donnell, ” O’Donnell, “, Ingrid Ciprián, Matthews, ” O ” Donnell, Wendy McMahon, ” McMahon, Norah, Neeraj Khemlani, Brian Williams Organizations: New, New York CNN, CBS, CBS Evening, CBS News, Paramount Global, Skydance Media, CBS Media Ventures, CBS Network, Paramount, Sunday, CNN, NBC Nightly Locations: New York

☆ Miss USA Pageant Is Being Destroyed by Its Scandals
▼ + stars: | 2024-07-29 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +22 min

AdvertisementAccording to the longtime Miss USA official, the significant shift was ushered in by the former Miss Universe Organization president Paula Shugart, who produced the Miss USA, Miss Teen USA, and Miss Universe pageants from 2001 until 2020. Benjamin Askinas/The Miss Universe OrganizationCheslie Kryst, who won Miss USA in 2019, defended the #MeToo movement during her interview round. It was a remarkably different experience from those of past titleholders like Miss USA 2013 Erin Brady Colagiovanni and Miss Teen USA 2017 Sophia Dominguez-Heithoff. AdvertisementThough they were "brand ambassadors" of the organization, Voigt and Srivastava couldn't even post on the Miss USA and Miss Teen USA social-media pages. Advertisement"I don't know that Miss USA is relevant right now," the longtime Miss USA official said.

Persons: Noelia Voigt, Voigt, Miss Teen USA UmaSofia Srivastava, Crystle Stewart, Stewart, Max Sebrechts, Laylah Rose, We're, we're, Rose, Srivastava, Craig Barritt, Srivastava haven't, they'd, Kansas Haley Berger, Jackeline Voigt, Barbara Srivastava, Barbara, They'd, Jackeline, Srivastava's, Miss Colorado Arianna Lemus, Stephanie Skinner —, Kimberly Nicewonder, Miss Virginia, Paula Miles —, South Carolina —, Rose's, It's, Ryan Miles, Paula, she's, Brian Ach, Miss Rhode, We've, we've, Paula Shugart, Shugart, Amber Hulse, I've, Olivia Culpo, Donald Trump, Benjamin Askinas, Miss Universe Organization Cheslie Kryst, Kára McCullough, Kryst, Hulse, Miss Utah Noelia Voigt, Rachelle di Stasio, Miss Colorado, Lemus, Rachel Slawson, Merissa Underwood, Voigt's, Rose wouldn't, Noelia, Laylah, Claudia Michelle, Chance Yeh, Michelle, Miss USA's, Kimberly Clark, Erin Brady Colagiovanni, Sophia Dominguez, Colagiovanni, Dominguez, Heithoff, Srivastava couldn't, Amanda Jones, Jones, Terkel, — Organizations: Miss, Business, Miss Teen USA, Miss USA, Representatives, Teen USA, Miss Hawaii Savannah Gankiewicz, Miss Teen Virginia, New York, hiTechMODA, Miss Texas, Miss Rhode Island's, Miss Universe Organization, Fox, Miss USA Miss, New York Times, —, Supermodels, Miss Teen, CW Locations: Miss USA, USA, Miss, Miss Virginia, Alabama , Louisiana, North, South Carolina, Miss South Dakota, South Dakota, Utah, America

A Tuareg militant group spokesman said some Malian troops and Russian fighters had also been captured during the battle. According to some unofficial Russian Telegram channels, as many as 80 Russians were killed. The commander – call-sign Rusich – said on Telegram he was trying to convey a message to the Russian Defense Ministry. And in Syria five years ago, a disastrous attack by Russian mercenaries on an oil refinery led to dozens of casualties. One of them was an IED attack on a Russian vehicle in the same region of Mali as the latest devastating assault.

Persons: Nusrat al, JNIM, ”, Andriy Yusov, Yusov, Wagner, Wagner “, –, Sergei Shevchenko, Nikita Fedyanin, “, Korotkov, Africa Wagner, Yevgeny Prigozhin, Yunus, Bek, Yevkurov, al Organizations: CNN, Russian, Russian Telegram, Kremlin, Kyiv, Ukraine’s Security, Russian Defense Ministry, Corps, Grey, Russian Ministry of Defense, Russian Federation, Ministry of Defense, Ministry of Foreign Affairs, Central African, Wagner PMC, Deputy, SITE Intelligence Group Locations: Mali, Algerian, Islam, Africa, Malian, Russian, London, Syria, Central African Republic, Mozambique, Bakhmut, Ukraine, Niger, Burkina Faso, Moscow, Togo

☆ This under-the-radar drug stock is undergoing a long-term turnaround, according to the charts
▼ + stars: | 2024-07-29 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: drugmaker, VTRS, Katie Stockton Organizations: CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities

☆ Huw Edwards charged with making indecent images of children
▼ + stars: | 2024-07-29 | by ( Niamh Kennedy | Pauline Lockwood | ) edition.cnn.com time to read: +1 min

London CNN —Former BBC News presenter Huw Edwards has been charged with three counts of making indecent images of children, London’s Metropolitan Police said Monday. The charges related to images allegedly shared on WhatsApp, a police spokesperson said. Police charged Edwards, a former anchor of the BBC’s News at Ten bulletin, last month, the statement said. “The offences, which are alleged to have taken place between December 2020 and April 2022, relate to images shared on a WhatsApp chat,” the statement said. The BBC’s annual report, published last week, revealed that Edwards was paid between £475,000 ($610,000) and £479,999 ($616,000) in the period from April 2023 to March 2024.

Persons: Huw Edwards, Edwards, “ Edwards, ” Edwards Organizations: London CNN — Former BBC, London’s Metropolitan Police, Police, Crown Prosecution Service, ’, BBC Locations: Westminster, London

We've compiled a comprehensive guide on where to watch Emmy-nominated shows, including series from the outstanding drama and comedy categories. With Succession over and out of the running, the best drama series category has opened up for a new potential champion. Slow HorsesWhile Apple TV+ shows often fly under the radar, three programs snagged best series nominations across both drama and categories this year. 3 Body Problem received six nominations, including Outstanding Drama Series and five technical categories. Reservation DogsThe punchy and poignant Reservation Dogs finally picked up an Outstanding Comedy nomination in its third and final season.

Persons: it's, We've, Ted Lasso, Hulu, Max, Fflyn Edwards, Elizabeth Debicki, Rufus Kampa, Daniel Escale, Netflix's Queen Elizabeth II, Princess Diana's, Imelda Staunton, Walton Goggins, Downton, Carrie Coon, Christine Baranski, Reese Witherspoon, Jennifer Aniston's, Witherspoon, Aniston, Smith Donald Glover's, Smith ., Francesca Sloane, Glover, Maya Erskine, Erskine, James Clavell, Gary Oldman, Liu Cixin's, Quinta Brunson, Tyler James Williams, Gilles Mingasson Abbott, Jeremy Allen White, Ayo, Larry David's, David, Jean Smart, Hannah Einbinder, Steve Martin, Martin Short, Selena Gomez, Meryl Streep, Kristen Wiig's, Carol Burnett, Laura Dern, Ricky Martin, D'Pharaoh Woon, Matt Berry Organizations: Business, Netflix, Apple, The, Downton Abbey, Hulu, ABC, Abbott, FX Locations: Palm, York, America, Atlanta, British intelligence's, Philadelphia, Chicago, Vegas, Hulu, Beach, Oklahoma, California, Staten

☆ Traders expect a monster 18% move in Carvana post earnings this week. How to play it
▼ + stars: | 2024-07-29 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

It reports earnings this week and traders are expecting a monster move. Customers can browse a large inventory of used vehicles on Carvana's website, complete with detailed photos, 360-degree views, and vehicle history reports. Their model eliminates most of the negative associations of used car dealers by offering convenience, transparency, and a hassle-free car buying experience without the used car salesman. The company's stock fell more than 80% from February 2020 in the pandemic plunge before rallying 1600% on record used car margins caused by supply constraints due to pandemic shutdowns. CVNA YTD mountain Carvana (YTD) Carvana will report earnings this coming Wednesday after the bell and the 18% earnings-related implied move ranks near the top of the Russell 1000 companies regarding earnings volatility.

Persons: Carvana, Russell, I'm Organizations: Carvana, Machines, CNBC, NBC UNIVERSAL

☆ Costco just increased its membership prices — here are 8 things that make the annual fees worth it, as an employee
▼ + stars: | 2024-07-29 | by ( Veronica Thatcher | ) www.businessinsider.com time to read: +6 min

From saving money by bulk-buying groceries to taking advantage of executive membership rewards, there are tons of reasons it's beneficial to shop at the warehouse. AdvertisementThe warehouse has a very flexible return policy on most merchandiseCostco has a flexible return policy with guaranteed customer satisfaction. The executive membership, in particular, offers great perksI love the rewards I earn through my Costco executive membership. On the other hand, the executive membership gives customers 2% cash-back rewards on qualified purchases. I'd say my family of four saves almost $1,000 each year, not including the 2% cash-back rewards I accumulate through my executive membership.

Persons: —, Veronica Thatcher, Veronica Thatcher Costco Organizations: Service, Costco, Business

☆ Why the Kamala Harris of Four Years Ago Could Haunt Her in 2024
▼ + stars: | 2024-07-29 | by ( Reid J. Epstein | ) www.nytimes.com time to read: 1 min

When she ran for president the first time, Kamala Harris darted to the left as she fought for attention from the Democratic Party’s liberal wing. After she dropped out, social and racial justice protests swept across the country in the summer of 2020, and Ms. Harris joined other Democrats in supporting progressive ideas during what appeared to be a national realignment on criminal justice. One presidential cycle later, with Vice President Harris less than a week into another race for the White House, video clips of her old statements and interviews are being weaponized as Republicans aim to define her as a left-wing radical who is out of step with swing voters. Former President Donald J. Trump is calling out her past positions and statements at his rallies, and on Monday his campaign began reserving time for television advertisements that are likely to resurface videos of Ms. Harris.

Persons: Kamala Harris darted, Harris, Donald J, Trump Organizations: Democratic Party’s, White

Mr. Vance’s stumbles have come after a remarkable two weeks when Mr. Trump survived an assassination attempt, and then rallied the party — and even some skeptics — behind him. Then, in a sense, Mr. Trump and Mr. Vance were the victims of that success. Image Mr. Vance, center right, and Mr. Trump at the Republican National Convention earlier this month. Some of Mr. Vance’s comments on some conservative podcasts veered into serious policy critiques that trucked in antisemitic tropes and racial stereotypes. Still, the Harris campaign was happy with the bruises they had inflicted.

Persons: JD Vance, Ohio, Donald J, Vance, Trump, deriding, Vance’s, Harris, “ I’ve, ”, —, Kamala Harris, Biden, Doug Mills, pushback, Dave Portnoy, Steven Cheung, “ We’re, Jean Carroll, Jennifer Aniston, Tucker Carlson, they’ve, Hillary Clinton’s “, Rupert Murdoch, Doug Burgum, Hiroko Masuike, Carlson, Harris’s, “, Mr, Kelly, ” George Soros, Soros, Taylor Van Kirk, Brian Schatz, Chris Murphy, Trump’s, Marco Rubio, ” Mr, Rubio, they’re, ” Sarafina Organizations: Trump, Democratic, Republican National Convention, Republican, New York Times, Barstool Sports, Publicly, Fox News, The, Mr, Credit, CNN, Democrat, Democratic National Committee Locations: Ohio, Middletown , Ohio, Milwaukee, New York, North Dakota, SiriusXM, Columbus, California, Hawaii, Connecticut, Florida

☆ Israel vows to hit Hezbollah after rocket kills 12 on football field
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +2 min

Thousands of mourners attended funeral ceremonies on Sunday for the 12 children and teenagers killed by a rocket strike in the Israeli-occupied Golan Heights as Israel vowed swift retaliation against the Hezbollah militia in Lebanon. Hezbollah denied responsibility for the attack on Majdal Shams, the deadliest in Israel or Israeli-annexed territory since Palestinian militant group Hamas' Oct. 7 assault sparked the war in Gaza. Members of the Druze faith, which is related to Islam, Christianity and Judaism, make up more than half the 40,000-strong population of the Golan Heights. "A heavy tragedy, a dark day has come to Majdal Shams," said Dolan Abu Saleh, head of the Majdal Shams local council, in comments broadcast on Israeli television. Hezbollah initially had announced it fired rockets at Israeli military sites in the Golan Heights, but said it had "absolutely nothing" to do with the attack on Majdal Shams.

Persons: Majdal Shams, Benjamin Netanyahu, Antony Blinken, Washington, Dolan Abu Saleh, Shams Organizations: Hamas, U.S, Hezbollah Locations: Lebanon, Majdal Shams, Golan, Israel, Gaza, United States, U.S, Britain, Egypt, Majdal, Syria, Shams

☆ The Israel-Hezbollah war that no one wants could finally blow up
▼ + stars: | 2024-07-28 | by ( Analysis Elliott Gotkine | ) edition.cnn.com time to read: +4 min

“We are approaching the moment of an all-out war against Hezbollah,” he said in an Israeli television interview on Saturday evening. And yet, over the past near-10 months of fighting, Israel, Hezbollah and Iran have always pulled back from what appeared to be the brink. All-out war failed to materialise. All-out war failed to materialise. The best way to avoid all-out war between Israel and Hezbollah, says Blinken, is to get a ceasefire in Gaza.

Persons: Amos Hochstein, Joe Biden’s, ”, Majdal Shams, Will Hochstein’s, Israel Katz, Antony Blinken, We’re, Naftali Bennett, “, Aaron David Miller, Israel, can’t, Yoav Gallant, didn’t Organizations: CNN, Carnegie Endowment, International Peace, Iranian Revolutionary Guards Corps, UN, Israeli Locations: Israel, Lebanese, Golan, Chebaa, Lebanon, Majdal, United States, Iran, Beirut, Damascus, Gaza

☆ The great America-Australia relay rivalry gets another worthy chapter in Paris
▼ + stars: | 2024-07-27 | by ( Matthew Futterman | ) www.nytimes.com time to read: +7 min

That was in 2000 in Sydney in the men’s 4×100, at a time when the American men were untouchable at the distance. Australia’s Michael Klim plays lead guitar while Ian Thorpe, right, looks on after the Australians beat the U.S. in the 4×100 freestyle relay in Sydney in 2000. The Chinese men led early but faded. Far and away the dominant swimming nation, American men won the 4×100 freestyle from 1964 until the air guitar incident in 2000. American women won it 14 times from 1924 to 2000.

Persons: That’s, There’s, Gary Hall Jr, Ian Thorpe, Australia’s Michael Klim, Al Bello, Meg Harris of, ’, Simone Manuel of, who’d, glumly, Kate Douglass, Gretchen Walsh, Torri, Hunter Armstrong, Qin Haiyang, Manuel, “, ”, Meg Harris, Mollie O’Callaghan, Quinn Rooney, it’s, Cate Campbell, Emma McKeon, Caeleb Dressel, ” Dressel, Armstrong, Dressel, Ian MacNicol Organizations: Paris Games, Australia, U.S, Getty, New York Times, ARD, FBI, Doping Agency, International Olympic, Aussie, Tokyo, “ Locations: France, Sydney, Meg Harris of Australia, U.S, Tokyo, Salt Lake City, Utah, Australian, Australia, United States, Paris

☆ ABC ‘full steam ahead’ for presidential debate, despite Trump backing off commitment
▼ + stars: | 2024-07-26 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —ABC News is continuing preparations for an upcoming presidential debate, despite former President Donald Trump saying he won’t consider participating in a debate until the Democratic Party formally chooses its nominee. “Full steam ahead,” an ABC network source told CNN on Friday. I agreed to a debate with Joe Biden,” Trump, the Republican nominee, said on a press call earlier this week. After Biden dropped out and endorsed Harris, Trump suggested the ABC debate should be moved to the right-wing network Fox News. Earlier this week, Fox sent letters to both campaigns offering to host their own presidential debate.

Persons: Donald Trump, ”, David Muir, Linsey Davis, “, Joe Biden, ” Trump, she’ll, Kamala Harris, Trump, ’ ” Harris, Biden, Harris, Fox, Jason Miller, Axios, I’m Organizations: New, New York CNN, ABC, Democratic Party, CNN, Republican, Democratic, NBC, Biden, Trump, CBS, Fox Locations: New York

☆ WBD sues NBA over league’s rejection of broadcast matching rights
▼ + stars: | 2024-07-26 | by ( Liam Reilly | ) edition.cnn.com time to read: +5 min

Discovery has filed a lawsuit against the NBA after the league rejected its matching offer to broadcast the league’s games for the next decade, ending the media company’s four-decade relationship with the NBA. “Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” a WBD spokesperson said in a statement. But the league said WBD “did not match the terms” of its deal with Amazon. While WBD maintains the rights to the NCAA March Madness tournament, along with the MLB, NHL and NASCAR, the NBA remains crucial to the media conglomerate. The cable channel TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show featuring Barkley, Ernie Johnson, Kenny Smith and Shaquille O’Neal.

Persons: “, Max, ” Mike Bass, ” Adam Silver, WBD “, Warner, WBD, Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal, ”, I’m, ” Barkley Organizations: New, New York CNN, Warner Bros, Discovery, NBA, Amazon, Disney, TNT, Amazon Prime, ABC, ESPN, CNN, Netflix, NCAA, MLB, NHL, NASCAR Locations: New York, New York County, United States, WBD

☆ Kamala Harris: How her warp-speed campaign launch has changed the 2024 race
▼ + stars: | 2024-07-26 | by ( Eric Bradner | ) edition.cnn.com time to read: +15 min

CNN —The five days since Vice President Kamala Harris’ campaign launched at warp speed have remade the 2024 race – and given Democrats new hope of preventing a second Donald Trump presidency. Fundraising exploded, with Harris’ campaign saying she raised $126 million between Sunday afternoon and Tuesday evening. And Democrats were more eager to devote their own time to working to elect Harris: More than 100,000 people signed up to volunteer for her bid, and more than 2,000 applied for campaign jobs, Harris campaign chair Jen O’Malley Dillon said in a Wednesday memo. The strength of Harris’ launch has at times surprised even the former Biden campaign staffers who on Sunday suddenly found themselves working for what was converted into the Harris campaign. Biden’s campaign believed his path to 270 Electoral College votes ran through the “blue wall” states – Michigan, Pennsylvania and Wisconsin.

Persons: Kamala Harris ’, Donald Trump, Harris, Harris ’, Jen O’Malley Dillon, Trump, It’s, Ron Bieber, “ I’ve, ”, she’s, Joe Biden, Biden, Harris hasn’t, “, Base Andrews, O’Malley Dillon, Biden’s, ” O’Malley Dillon, Douglas Emhoff, Erin Schaff, Howard University hoodie, –, Nancy Pelosi’s, dispirited, fraudsters, cheaters, ” Harris, Donald Trump’s, Charli XCX, ‘, ’, Jared Polis, Maxwell Frost, Tony Evers, ” Evers, ” Trump, Felita Daniels Ashley, Olivia Jessup, Anger, Natalie Jauch, Charli, Jessup, Taylor Swift, Kesha, ” Jessup, Kevin Mohatt, ” CNN’s Alison Main, Betsy Klein, Ebony Davis, Sam Fossum, Edward, Isaac Dovere, Lisa Respers Organizations: CNN, Democratic Party, Trump, Michigan AFL, Democratic, Biden, Convention, ABC, Base, Republican, CNN’s, New York Times, Siena, Electoral, Air Force, Joint Base Andrews, Naval Observatory, Howard University, Federal, San, Democratic National Convention, Democratic Colorado Gov, ”, Milwaukee, Heritage Foundation, California Democrat, Zeta Phi Beta, of Education, “, American Federation of Teachers Locations: Houston, Gaza, – Michigan, Pennsylvania, Wisconsin, Sun, Arizona, Georgia, Nevada, North Carolina, Maryland, Wilmington , Delaware, San Francisco, California, British, ” Florida, Milwaukee, “, West Allis , Wisconsin, Indianapolis, America, Lisa Respers France

☆ Zhiying Zeng: 38 years after ending Olympic dream in China, this ‘table tennis grandma’ will represent Chile at Paris 2024
▼ + stars: | 2024-07-26 | by ( Matias Grez | ) edition.cnn.com time to read: +9 min

CNN —Zhiying Zeng’s eyes begin to sparkle and her gestures become more animated as she recounts the day her lifelong Olympic dream came true. Even in China, by far the world’s most dominant table tennis nation, Zeng’s talents were evident from an early age. When she was 16, she was called up to the Chinese table tennis team for the first time. Finally, 38 years after she gave up on her Olympic dream, Zeng qualified for Paris 2024 at a pre-Olympic qualifying tournament in Lima, Peru, in May this year. “Calm, calm,” Zeng, who says mental fortitude is her biggest asset in table tennis, repeated to herself.

Persons: Zeng, ’, Tania ’ –, –, empanadas, “, Chile Zeng, ”, Rodrigo Arangua, Daniela Ortega, Paulina Vega, Luisa Gonzalez, Reuters “, ’ ”, ” Zeng, Tia Tania ’ –, Tania –, Zeng isn’t, Gabriel Boric, Mariana Sahakian, Zeng’s, “ You’ve Organizations: CNN, Paris, Chile –, CNN Sport, Getty, Games, Pan American, Reuters, Tennis Federation, AP, Pan Am, Olympic Locations: China, Asia, Chile, Chilean, Guangzhou, AFP, Seoul, Arica, –, Iquique, Santiago, Lima , Peru, Lima

☆ N.C.A.A. Settlement Agreement Reveals How Colleges Would Pay Athletes
▼ + stars: | 2024-07-26 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

and the richest college athletic conferences joined with plaintiffs’ lawyers on Friday to enter a $2.8 billion settlement agreement of their class-action antitrust lawsuit. The filing outlines in some detail how schools would be allowed for the first time to pay college athletes directly. N.C.A.A., and two companion lawsuits would open the door to a new model for college athletics. As soon as a year from now, schools could begin to spend up to slightly over $20 million a year to pay athletes, a ceiling that would rise along with college athletics revenues. The settlement agreement sidesteps addressing Title IX, which among other things bars colleges from treating men’s and women’s sports unequally.

Locations: California

☆ Snoop Dogg, NBC’s New Voice of the People
▼ + stars: | 2024-07-26 | by ( Emmanuel Morgan | ) www.nytimes.com time to read: 1 min

Once Snoop Dogg had waded through electrical cords on the floor and ambled his lanky frame around the disorderly equipment in a partially constructed television studio in Paris, he was able to peer out over a balcony overlooking the Eiffel Tower and survey the city he hopes to conquer during the Olympics. “This is my home,” he said triumphantly to himself. Below, a handful of people flashed their phones. The man who NBCUniversal hopes will become the breakout star of the Paris Games was right where he wanted to be. The Olympics are always about the athletes, and as usual the focus this year will be on the brightest ones: Simone Biles, Katie Ledecky, Noah Lyles, Novak Djokovic, LeBron James.

Persons: Snoop Dogg, ”, Simone Biles, Katie Ledecky, Noah Lyles, Novak Djokovic, LeBron James Organizations: Paris Games Locations: Paris

☆ Opinion | Kamala Harris Needs a 3 P.M. Agenda
▼ + stars: | 2024-07-26 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris has what she used to call a 3 a.m. agenda. To be an effective president, she’ll need to add a 3 p.m. agenda. When Harris was running for the Democratic presidential nomination in 2019, she put out a television ad that was pretty effective. She described how her mother, after putting the girls to bed, “would sit up trying to figure out how to make it all work,” presumably sometimes until 3 in the morning. “Because,” she intoned, “you’ve waited long enough to get a good night’s sleep.”At the time, Harris was positioning herself as a liberal in an election that had the Democrats moving well to the left.

Persons: Kamala Harris, Harris, ”, Trump, “ you’ve, Joe Biden, leftward, Bernie Sanders of, Elizabeth Warren of Organizations: Democratic Locations: Bernie Sanders of Vermont, Elizabeth Warren of Massachusetts

☆ Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
▼ + stars: | 2024-07-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Warner Bros. Warner Bros. Discovery matching rights when it signed its previous media deal in 2014. Discovery's matching rights agreement is five pages long, and the company believes it has a strong case, the people said. Owning NBA rights is valuable to the health of Warner Bros.

Persons: Max, Discovery's Turner, Discovery, That's, Luis Silberwasser Organizations: Warner Bros . Discovery, National Basketball Association, TNT Sports, TNT, NBA, Disney, Comcast, Warner Bros, Discovery's Turner Sports, Amazon, Amazon Prime, Discovery, Media

☆ European stocks head for mixed open as selloff eases; U.S. inflation data due
▼ + stars: | 2024-07-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Overall, Stoxx losses have eased from last week, when the regional index recorded its worst performance since October. LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. inflation. The biggest item on the data front Friday is the U.S. personal consumption expenditures price index, due at 8:30 a.m. Asia-Pacific markets largely rebounded Friday, as Tokyo's headline inflation slowed slightly to 2.2% in July from 2.3% in May.

Persons: Kamala Harris, Wall, Dow Jones, Mercedes, Stellantis Organizations: New York Stock Exchange, LONDON, Mercedes Benz Locations: U.S, Asia, Pacific, .

☆ Short seller Andrew Left charged with fraud by prosecutors, SEC
▼ + stars: | 2024-07-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Federal prosecutors have criminally charged the well-known short seller and analyst Andrew Left with securities fraud related to allegedly using his public platform to illegally profit to the tune of at least $16 million from manipulating stock market activity contrary to positions he presented to the public from 2018 through 2023. The indictment notes that Left is a frequent guest commentator on CNBC and other business cable news channels. Prosecutors said that Left used Citron's online platform to comment on publicly traded companies and claim that their stock was incorrectly valued by the market. Left, who previously lived in Beverly Hills, California, is charged in the indictment with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators. If convicted, he would face a maximum possible sentence of 25 years in prison for the securities fraud scheme alone.

Persons: Andrew, Citron, L.A ., Akil Davis Organizations: Andrew Left, Securities and Exchange Commission, Boca, Attorney's, SEC, CNBC, Los Angeles Field Office, Prosecutors Locations: Boca Raton , Florida, Los Angeles, U.S, L.A, Beverly Hills , California

☆ The tech sell-off may not be over. Here's an options trade to capitalize on the trend—with protection
▼ + stars: | 2024-07-26 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

The Nasdaq-100 has seen significant profit taking as many investors have trimmed their exposure to the Mag 7. Volatility and carnage in the Nasdaq should persist causing more sellers to sell tech stocks. Here is an options strategy to profit on this additional plunge in Tech. However, the move ran out of gas into the closing bell, and the QQQ finished back in the red. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Russell, Tesla Organizations: Nasdaq, Nvidia, Meta, Dow, CNBC, NBC UNIVERSAL Locations: Tech

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