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☆ DeSantis' second inauguration as governor will have a 'Free State of Florida' theme, an intimate candlelight dinner, and a toast to moms supporting the GOP governor
▼ + stars: | 2023-01-01 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +10 min

The overarching theme is "The Free State of Florida," the Florida Standard first reported. "The Free State of Florida" is a motto mirroring DeSantis' 2022 campaign theme. Officials stand on stage during an inauguration ceremony where Ron DeSantis was sworn in as Florida Governor, Tuesday, January 8, 2019, in Tallahassee, Florida. This inauguration, DeSantis is considering turning down donations from Big Tech companies, The New York Times reported. "I support Governor DeSantis and am honored to have been invited to his inauguration," GOP Rep. Matt Gaetz of Florida told Insider.

☆ DeSantis is often described as 'Trump without the baggage,' but there are plenty of differences between the two Republicans. How they play up their contrasts will decide who wins in 2024, GOP insiders
▼ + stars: | 2022-12-24 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +20 min

DeSantis could end up running for president in 2024, and he's widely viewed as similar to Trump. He's "Trump without the baggage," "Trump with a brain," Trump "without the drama," and "Trump's Mini Me." The pile on is a problem for both men should DeSantis join Trump in the ring for the 2024 nomination contest. "We know what we get with President Trump," he said. In Florida, DeSantis pushed the legislature to limit ballot collection by non-family members.

☆ ‘The reshoring craze is real’ — These companies should benefit, experts say
▼ + stars: | 2022-12-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

A lot has been said about reshoring, as companies look to bring manufacturing back to their home countries, particularly the U.S. Reshoring is essentially companies returning operations to their original country from overseas. "The reshoring craze is real, especially as you continue to hear more and more about this general theme of deglobalization," he said. "They sell into the construction of the factory, they sell into the equipment of the factory, the automation of the factory." The company's equipment is needed for big semiconductor manufacturing plants as companies test chips as they are produced, Snyder said.

☆ 2023 market weakness has been pulled forward and a stock pullback has begun, says BMO's Belski
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2023 market weakness has been pulled forward and a stock pullback has begun, says BMO's BelskiBrian Belski, BMO chief investment strategist, joins the 'Halftime Report' to discuss what's happened since his last appearance on CNBC, Belski's thoughts on fighting the Federal Reserve and more.

☆ DeVante Parker: NFL says it is reviewing an apparent head injury incident during Monday's Patriots game
▼ + stars: | 2022-12-14 | by ( Kevin Dotson | ) edition.cnn.com time to read: +27 min

CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Cardinals vs Patriots: Arizona's woes continue as Kyler Murray hurt in 27-13 loss to New England
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +27 min

Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Michael Jordan: The NBA has renamed its MVP trophy after the Bulls great
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +15 min

Andrew D. Bernstein/NBAE/Getty Images Jordan poses for a Little League Baseball photo in the late 1970s. Ken Levine/Getty Images Jordan famously shrugs his shoulders after hitting another 3-pointer during the 1992 NBA Finals versus Portland. "There is a reason you call someone the Michael Jordan of ... neurosurgery, or the Michael Jordan of rabbis, or the Michael Jordan of outrigger canoeing. Chip Somodevilla/Getty Images Jordan continues to promote Nike's Jordan Brand across the world. Jordan Brand/Getty Images Jordan cries at the Kobe Bryant memorial in Los Angeles in February 2020.

☆ SpaceX, Tesla, and Boring Company execs are helping Elon Musk at Twitter, records reveal
▼ + stars: | 2022-12-08 | by ( Lora Kolodny | ) www.cnbc.com time to read: +6 min

Ever since, he has enlisted high-ranking executives and engineers from his other businesses, including SpaceX, Tesla and The Boring Company, to help out at the social media company, according to internal records obtained by CNBC and conversations with recent Twitter employees. Musk has also enabled partners from investment firms who participated in the Twitter buyout access to work within the social media company. In his testimony, Musk characterized Tesla employees' work for him at Twitter as "just a voluntary thing." He also said: "This was sort of an after-hours, just if you're interested in evaluating the -- helping me evaluate Twitter engineering, that would be nice. In addition to Tesla employees, Musk has also enlisted execs and employees from SpaceX, the reusable rocket and satellite internet services company he founded in 2002, to help him at Twitter.

☆ Von Miller: Buffalo Bills defensive star is out for the season with torn ACL
▼ + stars: | 2022-12-08 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +25 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Henry Anderson: Carolina Panthers defensive end reveals he recently had stroke -- but wants to play on Sunday
▼ + stars: | 2022-12-08 | by ( Alasdair Howorth | ) edition.cnn.com time to read: +26 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds
▼ + stars: | 2022-12-07 | by ( Steve Liesman | ) www.cnbc.com time to read: +2 min

The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March. That popularity attracted many ordinary Americans to crypto and the survey shows 24% of the public invested in, traded or used cryptocurrency in the past, up from 16% in March. The survey of 800 Americans nationwide was conducted Nov. 26-30 and has a margin of error of +/- 3.5%. According to the survey, 42% of crypto investors now have a somewhat or very negative view of the asset, in line with the 43% result for all adults in the survey. The main difference: 17% of crypto investors are "very negative" compared with 47% for non-crypto investors.

☆ China's travel rule relaxation means more space for cargo on passenger planes — and a big boost for Chinese retailers like Shein
▼ + stars: | 2022-12-07 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

The change could boost Chinese e-commerce powerhouses like Shein and Alibaba. Though there are plenty of dedicated cargo flights in and out of China, more than half of air cargo worldwide travels in the belly of passenger planes. Without regular passenger flights, the price to move cargo via plane in and out of China has been sky-high. Chinese online retailers stand to benefit even more, said Brian Bourke, chief commercial officer of Seko Logistics, a freight forwarding company that manages transportation for Shein, among other US and Chinese e-commerce giants. Cheaper air cargo rates are likely to encourage even more investment in speed from Shein and others.

But first: The results from five counties will help tell us if Democrat Raphael Warnock is on track to win tonight’s Senate runoff in Georgia. Warnock got 56.9% of the vote in Cobb when he won the Jan. 2021 runoff, and he got just under that last November (56.8%). And in Gwinnett, Warnock got 60.6% of the vote in the 2021 runoff, compared with 58.9% last month against Walker. In rural Chattooga — one of NBC News’ “County to County” counties — Warnock got just 20.5% when he won the 2021 runoff, and he got less than that in the November general election (19.8%). Data Download: The number of the day is … $7.79 billionThat’s how much money was spent on political television, radio and digital ads this entire cycle (starting the day after the 2021 Georgia Senate runoff through today’s runoff), per AdImpact.

☆ Social media financial content is a 'Wild West.' Here are the red flags to watch out for before investing your money
▼ + stars: | 2022-12-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Platforms should implement checks and balances for their content, Yang said. But there are red flags that people should watch for in the content they consume before they put their money at risk. By taking a balanced approach to your investments, that will give you the biggest chance to create long-term wealth, Barnes said. But it is possible to spot these schemes by doing some research on your own and comparing an investment's promises to normal returns, Yang said. The S&P 500 Index 's returns over the past 40 or 50 years would be a good benchmark, he said.

☆ Public-Corruption Charges Dismissed Against Former New York Lt. Gov. Brian Benjamin
▼ + stars: | 2022-12-05 | by ( James Fanelli | Corinne Ramey | ) www.wsj.com time to read: 1 min

A federal judge Monday tossed the bulk of a public-corruption case against former New York Lt. Gov. Brian Benjamin , finding the Justice Department’s charges didn’t meet the legal bar for prosecuting alleged bribery involving campaign contributions. U.S. District Judge J. Paul Oetken in Manhattan threw out three corruption charges against Mr. Benjamin, a Democrat who was indicted earlier this year on five criminal counts for allegedly soliciting campaign donations from a real-estate developer in exchange for steering $50,000 in state funds to the developer’s education nonprofit in Manhattan’s Harlem neighborhood.

☆ Some charges dismissed against ex-N.Y. lieutenant governor arrested in campaign finance fraud investigation
▼ + stars: | 2022-12-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

Bribery and fraud charges against former New York Lt. Gov. Brian Benjamin were tossed out Monday by a federal judge, leaving Benjamin to face only records falsification charges and prompting his lawyers to say it was tragic that the case was ever brought. Benjamin, a Democrat, resigned after his arrest last April. During a state Legislature career that began in May 2017, he emphasized criminal justice reform and affordable housing. The charges that were left intact allege that Benjamin knowingly made a false entry in a record with the intent to impede an investigation.

☆ An activewear startup backed by Michael Jordan's son hit its first fundraising goal. Here's how Äktiiv plans to take on Lululemon and Nike.
▼ + stars: | 2022-12-05 | by ( Matthew Kish | ) www.businessinsider.com time to read: +5 min

Äktiiv products are biodegradable and made from plants. The Portland, Oregon, startup Äktiiv, which rhymes with black sleeve, launched its first products on Kickstarter in November and recently hit its fundraising goal. Cash from the campaign will be used to scale the company, including its marketing. But there's a twist: Äktiiv products are biodegradable and made from plants, not materials derived from oil or plastics. Similarly, Äktiiv products are designed to be worn in the gym, not while running errands.

☆ Sam Bankman-Fried was the poster boy for 'effective altruism.' Now, its followers are heartbroken and critics are questioning its 'weird' funding setup.
▼ + stars: | 2022-12-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +8 min

Sam Bankman-Fried was a proponent of effective altruism: earning as much as possible to give your wealth away. He had a huge influence on the effective-altruism movement, which counts Silicon Valley tech workers and Oxford University academics among its fans. 'Devastated'Bankman-Fried was the main funder of Future Fund, a charitable project run by the FTX Foundation. "We joined the Future Fund to support incredible people and projects," they said, "and this outcome is heartbreaking to us." Science groups that had received money from the Future Fund told the magazine Science in mid-November that they were unsure of their funding's future.

☆ U.S. job growth likely slowed again in November; labor market still tight
▼ + stars: | 2022-12-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

But the labor market remains tight, with 1.7 job openings for every unemployed person in October, keeping the Fed on its monetary tightening path at least through the first half of 2023. Labor market strength is also one of the reasons economists believe an anticipated recession next year would be short and shallow. The labor market is still very strong and still very tight," said Agron Nicaj, U.S. economist at MUFG in New York. The unemployment rate is seen unchanged at 3.7%, consistent with a still-tight labor market. "I still believe the economy tips into a short and shallow recession mid-2023, based on eroding labor market growth, but the probability of no recession is now higher," said Steven Blitz, chief U.S. economist at TS Lombard in New York.

☆ The top strategist at BMO Capital Markets says stocks are ready for a multi-year recovery in 2023 after a recession strikes — and these 11 names look attractive right now
▼ + stars: | 2022-12-02 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

BMO Capital Markets isn't changing its S&P 500 price target of 4,300 heading into 2023. Here's a look at BMO's 2023 market outlook as well as 11 US stocks to buy now. That environment means active stock-picking — not passive index investing — is now the key to outperformance, Belski wrote. In Belski's base case, S&P 500 earnings will fall 5% in 2023, which would be the biggest decline in corporate earnings since 2015 (excluding 2020). A recession in the US is "almost inevitable" in 2023, Belski wrote.

☆ BMO sees modest stock-market gains in 2023
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMO sees modest stock-market gains in 2023Brian Belski, BMO chief investment strategist, joins the 'Halftime Report' to discuss his price target for the S&P 500 in 2023

☆ TikTok users protest Balenciaga's holiday campaign by destroying bags and shoes
▼ + stars: | 2022-12-01 | by ( Morgan Sung | Morgan Sung Is A Trends Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Some TikTok users are destroying Balenciaga purses, shoes and other luxury products in protest of the fashion house's holiday campaign, which portrayed children holding plush bears dressed in leather harnesses. The campaign was criticized as inappropriate and harmful to children because the teddy bears appeared to be dressed in kink gear. Balenciaga apologized for the campaign last month, suggesting on Instagram that it hadn’t approved the images before the campaign went live. “Our plush bear bags should not have been featured with children in this campaign,” the company said. On TikTok, creators who were formerly loyal to Balenciaga posted videos admonishing it.

☆ BMO's Brian Belski sees modest stock-market gains in 2023 on hopes of a tame recession
▼ + stars: | 2022-12-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

BMO set its S & P 500 base case target for 2023 at 4,300, a little more than 5% above Wednesday's close of 4,080.11. Belski assumes the U.S. suffers a modest economic downturn and that the Fed ends its hiking cycle by May, at the latest. "We think any potential recession this time around will be much tamer," Belski said in a note to clients. The S & P 500 fell into a bear market, and today stands more than 14% lower on the year. He noted that the S & P 500 has averaged a 5.8% gain during years coinciding with a recession while its earnings per share averaged only a 2.7% decline.

☆ The era of liquidity-induced gains is over, and the S&P 500 will just eke out a modest gain next year as the market struggles against Fed messaging, BMO says
▼ + stars: | 2022-12-01 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

BMO Capital Markets sees a modest gain for the S&P 500 in 2023 but investors will likely travel a rough road to get there. BMO said investors are likely seeing the days of liquidity-induced gains behind them. The firm's 2023 market outlook published this week said investors are likely seeing the days of liquidity-induced gains behind them. The firm put a target of 4,300 on the S&P 500 next year, representing 5% upside from Thursday's level. Earnings for S&P 500 companies may contract by roughly 5% to $220 a share in 2023 from this year given the macro circumstances.

☆ Director Ang Lee will direct his son, playing Bruce Lee in biopic
▼ + stars: | 2022-11-30 | by ( Brahmjot Kaur | ) www.nbcnews.com time to read: +3 min

Ang Lee, the Academy Award-winning director of “Brokeback Mountain” and “Life of Pi,” is set to direct an upcoming film about the Chinese American martial arts icon Bruce Lee. Mason Lee, the son of Ang Lee, will play Bruce Lee in Sony’s 3000 Pictures film. At 13, he went on to study wing chun kung fu under the renowned master Yip Man, according to the Bruce Lee Estate. He also developed his own martial art during this time called Jeet Kune Do, the Bruce Lee Foundation's website said. After “The Green Hornet” was canceled, Bruce Lee struggled to find work in Hollywood and returned to Hong Kong to pursue a film career.

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