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President-elect Donald Trump's tariff plans could weigh on the broader stock market, but some attractively valued names with strong cash levels could withstand the pressure, according to UBS. "The rally overlooks the potentially negative knock-on implications of tax cuts and tariffs on corporate performance and valuations." Against that backdrop, UBS looked for stocks that have high levels of cash and are attractively valued. The stock has a dividend yield of 2.7%. It has a dividend yield of 2.2%.
Persons: Donald Trump's, Trump, Michel Lerner, Lerner, Smoot, Paychex, Jason Kupferberg Organizations: UBS, Bank of America, CVS, Federal Trade Commission, Glenview Capital Locations: China, U.S, Hawley
Reuters —The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military. The two have been married since 2005 and she was made vice president in 2017. Under the new reform, the co-presidents will have control over the legislature, judiciary and electoral, public administration, and oversight bodies as well as autonomous entities. Government critics have said the reforms legalize the “absolute power” already exercised for years by Ortega and Murillo. “If adopted, these changes will sound the death knell for fundamental freedoms and rule of law in Nicaragua,” he said in a statement.
Persons: Daniel Ortega, , Rosario Murillo, Ortega, , Murillo, Gustavo Porras, Human Rights Volker Turk Organizations: Reuters, Nicaraguan, Sandinista, Central American nation’s, Government, of American, UN, Human Rights Locations: United States, of American States, Nicaragua
AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"
Persons: Jaguar's, Rawdon Glover, Brad Audet, , Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia
National Geographic released its annual "Pictures of the Year" issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Emperor penguins have been increasingly moving from low-lying ice to higher, more permanent ice shelves as climate change changes their environment, according to National Geographic. Source: Ami Vitale by National GeographicIn January, scientists at the BioRescue project transferred a southern white rhino embryo into a southern white rhino female. Only two are left, according to National Geographic. The cover of National Geographic's "Pictures of the Year" issue, dated December 2024, shows researchers in Gabon's Bongolo Cave.
Persons: Bertie Gregory, penguins, Ingo Arndt, Arndt, Ami Vitale, Concan, Babak Tafreshi, Jason Gulley, Gulley, I've, Davide Monteleone, Synhelion, Peter Fisher, he's, Fisher, Robbie Organizations: Geographic, Pictures, National, National Geographic, Germany's University of Konstanz, Taurus, CNBC Travel, Fanning, CNBC Locations: Antarctica, Konstanz, Germany, Kenya, Texas Texas, Texas, Fanning Springs, Park, Florida, Suwannee, Swiss, Antigua, Guatemala
U.S. embassy in London reopens after suspicious 'hoax' item found
  + stars: | 2024-11-22 | by ( ) www.cnbc.com   time to read: +1 min
A police officer stands in front of the U.S. Embassy, amid ongoing investigation following an incident in London, Britain, November 22, 2024. British police said on Friday that a suspicious package left outside the U.S. embassy in London, which was blown up in a controlled explosion, was a hoax device, according to its initial indications. Police had earlier carried out a controlled explosion near the embassy building, a 12-storey purpose-built glass cube in Nine Elms, south London, and cordoned off some areas. "Initial indications are that the item was a hoax device," London's Metropolitan Police said. The embassy said it was back to normal business operations but that all public appointments for Friday had been cancelled.
Organizations: U.S . Embassy, U.S, Metropolitan Police Locations: London, Britain, Elms
AdvertisementThe new "Wicked" movie musical is a prequel to "The Wizard of Oz." Spoilers ahead for "Wicked" movie and Broadway show"Wicked" is a prequel to "The Wizard of Oz," but the story starts halfway through the original 1939 movie. The "Wicked" movie and Broadway show, however, are based on Gregory Maguire's 1995 revisionist novel "Wicked: The Life and Times of the Wicked Witch of the West." Glinda the Good Witch gives Dorothy the Wicked Witch of the East's ruby shoes. AdvertisementThe movie follows the musical and book's plot where Elphaba, the Wicked Witch of the West, didn't start out wicked.
Persons: Oz, Frank L, Baum, Gregory Maguire's, Maguire, Cynthia Erivo, Dorothy Gale, Toto, Glinda, Dorothy, Elphaba, Ariana Grande, didn't Organizations: Broadway Locations: Kansas, Oz, Elphaba's, Munchkinland
CNBC's Jim Cramer on Friday previewed next week's important Wall Street action, suggesting it's wise to pay attention to a slew of retail earnings as well as reports from Dell and CrowdStrike . Tuesday is a big day for retailers, with reports from Best Buy , Abercrombie & Fitch , Kohl's , Macy's , Burlington Stores and Dick's Sporting Goods . He added that some retailers whose earnings weren't great still saw their stocks soar but others got badly dinged, like Target . He said investors might want to buy some Dell stock now and some after earnings if it pulls back. While stock action tends to slow during the rest of the holiday week, Cramer pointed out that on Wednesday the government will release the latest personal consumption expenditures index.
Persons: CNBC's Jim Cramer, Cramer, Wall, Smucker, weren't, Dell Organizations: Dell, Body, Abercrombie, Fitch, Kohl's, Burlington Stores, Dick's Sporting Goods, Target, Nvidia, HP, Federal Reserve Locations: Macy's
CNN —Cara Delevingne and Taylor Swift are closer than we knew. In an “Interview” conversation with Nikki Glaser, the actress and model shared that she had once lived briefly with Swift. It came up after Glaser said, “I mean, as a Swiftie, I would love a roast of Taylor Swift. But I actually wouldn’t because I would be angry if anyone was really mean.”“That’s so true,” Delevingne said, laughing. “She’s one of the funniest, most clever people,” Delevingne said.
Persons: CNN — Cara Delevingne, Taylor Swift, Nikki Glaser, Swift, Glaser, , ” Delevingne, Taylor, ” Glaser, Delevingne, Organizations: CNN
Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."
Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian
A majority of full-time workers, 66%, got a raise in the last year whether they asked for one or not, according to an October survey of 2,049 people from LendingTree. And not everyone is asking for a raise at equal rates: Just 35% of women discussed getting a raise, compared with 49% of men, according to LendingTree data. By age range, Gen Z and millennial workers (ages 18 to 43) are most comfortable negotiating for a pay increase. However, the second most-common reason people took a pay cut, at 17%, was in order to take another job with less stress. Roughly one-third of people who experienced a pay cut in the last year saw their salary drop by less than $5,000.
Persons: Z Locations: LendingTree
They named Planned Parenthood as something that could be targeted for cuts. Planned Parenthood is preparing to face off with Elon Musk's Department of Government Efficiency after it identified the reproductive health provider as fat to be trimmed. We fended off a number of these attacks during Trump's first term — and Planned Parenthood health centers are still there serving millions of patients across the nation." AdvertisementIn a press release, the organization said its health centers saw a surge in appointments following Trump's reelection, including a 1,200% increase in vasectomy appointments and a 760% in IUD appointments. Advertisement"Like any other healthcare provider or hospital, Planned Parenthood affiliates are reimbursed for services provided to patients at health centers.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Alexis McGill Johnson, Donald Trump, McGill Johnson, We've, Trump's, Douglas Holtz, it's, Holtz, Eakin Organizations: of Government Efficiency, Elon, Elon Musk's Department, GOP, Planned Parenthood Federation of America, Congressional, Office, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmpower's Marta Norton says 2025 will be a year of balance rather than conviction for the marketsMarta Norton, chief investment strategist at Empower Investments, joins CNBC's 'Squawk Box' to discuss her outlook on the economy, how to prepare your portfolio for 2025, and more.
Persons: Empower's Marta Norton, Marta Norton Organizations: Investments
In the emerging AI software battle between Microsoft and Salesforce , investors do not need to pick a side. The announcements came roughly one year after the tech giant launched a suite of AI assistant tools called Microsoft 365 Copilot. Both companies leaning into AI agents is notable because Salesforce CEO Marc Benioff has not been hesitant to attack Microsoft's competing AI offerings. Salesforce stock is up 28% year to date versus Microsoft's roughly 9% gain since the start of 2024. I don't want to go against Microsoft," Jim said.
Persons: Jim Cramer, , Marc Benioff, Benioff, who's, Satya Nadella, Nadella, They're, We've, Salesforce, Slack, Agentforce, Jim, it's, Jim Cramer's, Salesforce's Dreamforce, Justin Sullivan Organizations: Microsoft, Deutsche Bank, Club, CNBC, Getty Locations: Agentforce, Salesforce's, Mulesoft, San Francisco , California
Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.
Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, , Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, , China, American, United States, Clinton, it’s, Nevada
On Today’s Episode:Matt Gaetz Withdraws From Consideration for Attorney General, by Peter Baker, Maggie Haberman and Jonathan SwanTrump Picks Pam Bondi, Florida’s Former Top Prosecutor, for Attorney General After Gaetz Withdraws, by Devlin Barrett, Maggie Haberman, Eric Lipton and Kenneth P. VogelThe ‘Landslide’ That Wasn’t: Trump and Allies Pump Up His Narrow Victory, by Peter BakerWhat’s Behind the Remarkable Drop in U.S. Overdose Deaths, by Jan Hoffman and Noah WeilandWith Use of New Missile, Russia Sends a Threatening Message to the West, by Marc Santora, Lara Jakes, Valerie Hopkins, Andrew E. Kramer and Eric Schmitt‘This Helps Netanyahu’: Israelis Rally Around Netanyahu Over Warrant, for Now, by Isabel Kershner
Persons: Matt Gaetz, Peter Baker, Maggie Haberman, Jonathan Swan Trump, Pam Bondi, Gaetz, Devlin Barrett, Eric Lipton, Kenneth P, Vogel, Trump, Peter Baker What’s, Jan Hoffman, Noah Weiland, Marc Santora, Lara Jakes, Valerie Hopkins, Andrew E, Kramer, Eric Schmitt ‘, Netanyahu ’, Isabel Kershner Organizations: Allies, Missile Locations: Florida’s, Russia
But what is the debt brake and why is it so contentious? Germany's debt brake, or 'Schuldenbremse,' is a fiscal rule that forms part of the German constitution. In some exceptional circumstances, the debt brake can be suspended — this happened for example during the Covid-19 pandemic. watch nowWhen the debt brake was first implemented, its advocates argued that it would ensure a sustainable, responsible approach to public finances and spending. Critics meanwhile, say the debt brake is too restrictive, and that it has hampered investment which is necessary for a successful future.
Persons: Olaf Scholz, John Macdougall, Christian Lindner, Scholz, Lindner, Philippa Sigl, CNBC's Annette Weisbach, Holger Schmieding, Carsten Brzeski Organizations: Bundestag, Afp, Getty, Former, Green, European Commission, CNBC, ING Locations: Germany, Russia, Ukraine
LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.'s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an in-depth review of the mobile browser markets. In the report, the group recommended that the CMA investigates Apple and Google's activities in mobile ecosystems under the new Digital Markets, Competition and Consumers Act (DMCC), a new U.K. law coming into force next year which seeks to prevent anti-competitive behavior in digital markets. The DMCC is akin to the Digital Markets Act in the European Union. The group also said it found a revenue-sharing agreement between Google and Apple to make Google the default search engine on iPhone "significantly reduces their financial incentives to compete in mobile browsers on iOS."
Organizations: Apple, Google, Markets Authority, CMA, Markets, Competition, Consumers, Digital, European Union
View at Quince What we like Check mark icon A check mark. Super softCheck mark icon A check mark. 11 colors to choose fromCheck mark icon A check mark. Fits the bed well and feels durableCheck mark icon A check mark. Produces a lot of lintFAQs about the Quince Black Friday saleWhen does the sale start and end?
Persons: Quince, we've, it's Organizations: Business, DTC Locations: cardigan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I need to see a pullback before reccomending Copart, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: DHT Holdings, Diamondback Energies, AMC, Joby Aviation, and Copart.
Persons: Copart, Jim Cramer Organizations: Holdings, AMC, Joby Aviation
AdvertisementMatika Wilbur photographed members of every federally recognized Native American tribe. She published a book of her photos titled "Project 562: Changing the Way We See Native America." AdvertisementShe embarked on a yearslong project photographing members of every federally recognized Native tribe in North America. In 2023, she published her collection of photos in a book titled "Project 562: Changing the Way We See Native America." Wilbur spoke with Business Insider about her project, her photos, and the importance of agency in Native American representation.
Persons: Wilbur, Matika Wilbur Organizations: Business Locations: Native America, South America, American, North America
CNN —The weather at Huntington Bank Field was the main talking point as the Cleveland Browns hosted division rivals Pittsburgh Steelers on Thursday Night Football. Steelers kicker Chris Boswell opened the scoring with a 48-yard field goal in the second quarter. 1st quarter 🆚 4th quarter pic.twitter.com/yjG7f0pHjU — Cleveland Browns (@Browns) November 22, 2024Despite the conditions, Cleveland extended its lead in the fourth quarter after Browns quarterback Jameis Winston dove into the endzone for a two-yard score and later successfully completed a two-point conversion to make it 18-6. Pittsburgh Steelers players Nick Herbig and Patrick Queen celebrate a fumble against the Cleveland Browns in the fourth quarter. — Cleveland Browns (@Browns) November 22, 2024As Cleveland celebrated the win, it appeared Steelers wide receiver George Pickens and Browns cornerback Greg Newsome got into scuffle, but it was quickly broken up.
Persons: Nick Chubb, Chris Boswell, Chubb, Cleveland, Myles Garrett, ove, lew, ake, ickens, eason, alf, ike, enver Organizations: CNN, Huntington Bank, Cleveland Browns, Pittsburgh Steelers, Browns, Steelers, ard, ust, ue O, eads Locations: ried, ife
CNN —President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. In many respects, the Treasury secretary is the quarterback of the economy. Wall Street was unfazed by the selection. One of the Treasury secretary’s jobs is to help keep Wall Street calm and confident during times of economic or market turmoil. The Treasury secretary works closely with both the central bank and the White House.
Persons: Donald Trump’s, he’s, Scott Bessent, “ Scott Bessent, , Glock, , Trump, Matt Gaetz, Robert F, Kennedy, Jr, MAGA, ” Glock, Bessent, Elon Musk, Cantor Fitzgerald, Howard Lutnick, Musk, Lutnick, , Isaac Boltansky, “ Scott, I’ve, Kyle Bass, Xi Jinping, Jerome Powell Organizations: CNN, Manhattan Institute, Trump loyalists, Treasury, Soros Fund Management, Fox News, Trump, Commerce, Street, Hayman Capital Management, Dow Jones, White Locations: Bessent, China, Argentina
Advertisement"Outlander," "Based on a True Story," and "The Sex Lives of College Girls" return this week. Movies including "Blitz," "The Piano Lesson," and "Alien: Romulus" are streaming. Related VideoThe beloved historical drama "Outlander" is back with the second half of its seventh season, over a year after the last episodes aired. The Peacock drama "Based on a True Story" returns for its second season, and the HBO Max comedy "The Sex Lives of College Girls" premieres its third season. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: Romulus, HBO Max Organizations: College Girls, HBO
CNN —Venezuelan authorities are investigating opposition leader Maria Corina Machado for alleged treason after she expressed support for a US bipartisan bill that seeks to block Washington from doing business with any entity that has commercial ties with the government of Venezuela’s President Nicolas Maduro. The US bill – introduced by Florida Reps. Mike Waltz (R) and Debbie Wasserman Schultz (D) – was passed on Monday by the House of Representatives. During a televised event on Wednesday, Maduro criticized the bill and said that the opposition’s actions against him will not be successful. Even after Venezuela’s electoral and judicial authorities announced Maduro’s victory, they have not shown detailed results and electoral records to support it, prompting anger and concern across the country and abroad. Several countries, including the US, have formally recognized Gonzalez as the country’s president-elect following the disputed election.
Persons: Maria Corina Machado, Nicolas Maduro, ” Machado, Machado, , Mike Waltz, Debbie Wasserman Schultz, Waltz, Donald Trump, Machado “, Maduro, , “ I’m, ” Walz, who’s, Edmundo Gonzalez, Gonzalez Organizations: CNN, Venezuelan, General’s, Florida Locations: Washington, Venezuelan, Venezuela’s, BOLIVAR, Venezuela
CNN —Laken Riley’s name was heard in court countless times and repeated by politicians around the country who described her brutal killing. They listened carefully and often sobbed as witnesses described how the last moments of Riley’s life unfolded. From left, Connolly Huth, roommate of Laken Riley, Lauren Phillips, sister of Laken Riley, and Sofia Magana, roommate of Laken Riley, react as Superior Court Judge H. Patrick Haggard announces the verdict on Wednesday. Hyosub Shin/Pool/APShe wanted to live a ‘faithful Christian life’At 22, Riley’s life was largely guided by her Christian faith. He also took a moment to remind people how rich Riley’s life was before it ended.
Persons: Jose Ibarra, Ibarra, Lilly Steiner, Connolly Huth, Laken Riley, Lauren Phillips, Sofia Magana, H, Patrick Haggard, Hyosub, , ” Riley’s, Allyson Phillips, , Jesus, ” Riley, John Phillips, Hyosub Shin, Laken, ” Abby Phillips, Riley, ” Lauren Phillips, , Huth, Steiner, ” Steiner, “ Laken, ” Magana, ” John Phillips Organizations: CNN, University of Georgia’s, Superior Court, Atlanta, AP, Augusta University’s College of Nursing Locations: Woodstock , Georgia, Georgia, St, Honduras, Athens, Clarke, Athens , Georgia, Laken, University of Georgia’s Oconee Forest Park, Lake Herrick
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