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☆ 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.

☆ Man sentenced up to three years in prison for fatal hit-and-run of ‘Gone Girl’ actress Lisa Banes
▼ + stars: | 2022-11-30 | by ( Tavleen Tarrant | ) edition.cnn.com time to read: +1 min

CNN —Brian Boyd, the 27-year-old man who killed ‘Gone Girl’ actress Lisa Banes in a hit-and-run incident, has been sentenced to up to three years in prison Wednesday, according to Douglas Cohen from the Manhattan District Attorney’s office. Boyd pleaded guilty in September to manslaughter in the second degree and leaving the scene of an incident resulting in death without reporting, according to the DA. “Lisa Banes was a beloved friend, family and community member whose life was tragically cut short. Banes seen here with Ben Affleck in 2014's 'Gone Girl.' Banes was known for starring as Marybeth Elliot in the 2014 film “Gone Girl,” but has also starred alongside Tom Cruise in the 1988 film “Cocktail” and has appeared in TV shows like “Nashville,” “Masters of Sex,” and “Royal Pains.”

☆ Epstein accusers sue JP Morgan and Deutsche Bank, claiming banks benefited from sex trafficking operation
▼ + stars: | 2022-11-25 | by ( Samantha Beech | ) edition.cnn.com time to read: +3 min

New York CNN —Two anonymous women who accuse the late Jeffrey Epstein of sexual abuse have filed separate civil lawsuits against JP Morgan Chase & Co. and Deutsche Bank AG, claiming the big banks enabled and benefitted financially from Epstein’s alleged sex trafficking operation. The class action suits were filed in part under a new law in New York, which allows adult sexual abuse survivors to sue their alleged abusers, even if the statute of limitations has expired. Specifically, Deutsche Bank chose facilitating a sex trafficking operation in order to churn profits,” the suit claims. The suit alleges Deutsche Bank ignored red flags including payments to numerous young women and large withdrawals of cash. In 2020, New York regulators fined Deutsche Bank $150 million and slammed the lender for “mistakes and sloppiness” in its relationship with Epstein.

☆ Teen and senior citizen among victims of Walmart Virginia shooting
▼ + stars: | 2022-11-24 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

Nov 23 (Reuters) - Authorities on Wednesday identified the people killed in a mass shooting at a Walmart (WMT.N) store in Chesapeake, Virginia, ranging in age from a 16-year-old boy to a 70-year-old man. The youngest victim was a 16-year-old Chesapeake boy, whose name was not revealed because he was a minor. Blevins' cousin wrote on Facebook that he had worked at Walmart for many years and was planning his retirement in the next year. Pyle had updated her Facebook status on Nov. 1 to say she was in a relationship with Brian Baker. The gunman was identified as Andre Bing, 31, of Chesapeake, Virginia.

☆ NFL Thanksgiving Day previews: Bills, Cowboys, Vikings in action
▼ + stars: | 2022-11-23 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +26 min

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. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J. To see if history repeats itself with a Cowboys win, or if the Giants can pull off the upset, tune in on Thursday at 4:30 p.m. Bill Belichick’s team could be on the cusp of a hot streak and are hitting the Vikings game at just the right time.

☆ Carlyle sees big in Japan auto industry as EV shift shakes supply chains
▼ + stars: | 2022-11-22 | by ( Makiko Yamazaki | ) www.reuters.com time to read: +2 min

TOKYO, Nov 22 (Reuters) - U.S. private equity firm Carlyle Group Inc (CG.O) aims to enlarge its footprint in the Japanese automotive sector as the global shift to electric vehicles (EVs) shakes the industry's supply chain, its executives said. With the world quickly moving to EVs, Japanese auto parts suppliers are reviewing strategies that were traditionally tailored for combustion-engine cars, Reiji Terasaka, who heads Carlyle's Japan industrial team, told Reuters in an interview. The Japanese auto industry used to draw strengths from its decades-old keiretsu system - a hierarchical pyramid of equity-interlocked suppliers with automakers sitting atop and ensuring business security. Automakers might not be able to support all kinds of keiretsu companies anymore, Terasaka said, adding that he anticipated changes to how the keiretsu system operated. The private equity industry "has evolved over the last 10 to 20 years from where there was more of a focus on costs," Bernasek said.

[1/2] Camden Hauge, who owns the Egg cafe, poses in her cafe in central Shanghai, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 16, 2022. Their Lost Plate company, which has been hosting food tours in several Chinese cities since 2015, will instead veer to Southeast Asia. With COVID outbreaks getting worse, it is unlikely that China's economy can shift into a higher gear in the near term. Local authorities in some Chinese cities eased restrictions, while others tightened. At its core, the problem reflects authorities' failure to prioritise the interests of consumers, who are often the punching bag in China's investment-driven economy.

☆ The Pentagon says it's testing Elon Musk's Starlink in the Arctic, which could help connect US troops
▼ + stars: | 2022-11-15 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

The US military is testing Elon Musk's SpaceX Starlink in the Arctic, per Bloomberg. An Air Force engineer said the Pentagon demonstrated Starlink on a moving vehicle in Alaska. Over the last two weeks, the Pentagon has used Elon Musk's Starlink on a moving vehicle in Alaska, Beal said in a statement to Bloomberg. He expected 240 more Starlink satellites to be launched in the next six months, per the report. Beal told Bloomberg the Pentagon was set to review whether the Arctic's harsh environment had an impact on Starlink's performance.

WASHINGTON — Races for more than a dozen House seats remained uncalled as of Monday afternoon, leaving political control of the chamber unknown nearly a week after voting in the 2022 midterms general election cycle concluded. Most of the 18 House seats that NBC News has not called are in California. That includes the competitive race between GOP Rep. David Valadao and his Democratic challenger Rudy Salas to represent the state's 22nd Congressional District. NBC News estimates Republicans will hold 219 seats, while Democrats will control 216 seats, with a plus-or-minus 4-seat margin of error. Members of the House Republican Conference are set to hold their closed-door election to pick their leaders for the new Congress on Tuesday.

☆ Trump D.C. hotel receipts reveal $10,500-a-night rooms for foreign officials seeking to influence U.S.
▼ + stars: | 2022-11-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Anna_Byline.Jpg | Anna Schecter | ) www.nbcnews.com time to read: +8 min

For their part Qatari officials and connected companies spent at least $307,941 at the Trump hotel from late 2017 through mid-2018, according to the Oversight Committee’s findings. In the letter she requests presidential records from NARA that could be related to attempts by foreign governments and lobbyists working on their behalf to influence the Trump administration by spending money at the Trump Hotel. A spokesperson for the Malaysian Embassy did not immediately respond to a request for comment. According to the Oversight Committee, documents from Mazars show the Turkish Embassy sponsored two stays at the Trump hotel around the time of Erdoğan’s visit. The documentation obtained did not show how much the embassy spent at the hotel during either of these stays.

☆ The stock market can thrive even in the face of rising interest rates, chief investment strategist says
▼ + stars: | 2022-11-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

i'The stock market can still rise in the face of high interest rates, according to BMO's Brian Belski. "Our work shows that the S&P 500 has historically performed quite well in higher interest rate environments," Belski said. For one, higher interest rates impact a company's cost of capital and could reduce profits if they have to pay more interest when raising debt. Additionally, higher interest rates offer investors an alternative to stocks in the form of higher-yielding bonds and money market funds, which is especially appealing after a decade of near-zero interest rates. "History tells us that a higher interest rate backdrop does not represent a detriment to US stocks."

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. Allen's fourth quarter touchdown throw to Dawson Knox capped off a 24-20 victory against the Chiefs. 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. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Trump D.C. hotel receipts reveal $10,500-a-night rooms for foreign officials seeking to influence U.S. policy
▼ + stars: | 2022-11-14 | by ( Anna Schecter | ) www.cnbc.com time to read: +8 min

The Saudi revenues for the Trump hotel came during a period when Saudi Arabia and the UAE were lobbying the Trump administration to support them during their blockade against economic rival Qatar. In the letter she requests presidential records from NARA that could be related to attempts by foreign governments and lobbyists working on their behalf to influence the Trump administration by spending money at the Trump Hotel. The Malaysian expenditures at the Trump Hotel were the most extensive in a one-week period found by the Oversight Committee to date. A spokesperson for the Malaysian Embassy did not immediately respond to a request for comment. The documentation obtained did not show how much the embassy spent at the hotel during either of these stays.

☆ The market's skittish heading into tomorrow's CPI data, says BMO's Brian Belski
▼ + stars: | 2022-11-09 | 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 EmailThe market's skittish heading into tomorrow's CPI data, says BMO's Brian BelskiA look at what's driving the markets today. With CNBC's Scott Wapner, and the 'Halftime Report' investment committee, SoFi's Liz Young, Virtus Investment Partners Joe Terranova, Cerity's Jim Lebenthal and BMO's Brian Belski.

☆ Watch the 'Halftime Report' investment committee look ahead to tomorrow's CPI data
▼ + stars: | 2022-11-09 | 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 EmailWatch the 'Halftime Report' investment committee look ahead to tomorrow's CPI dataLooking ahead to tomorrow's CPI data and discussing yesterday's FTX liquidity issue. With CNBC's Scott Wapner, and the 'Halftime Report' investment committee, SoFi's Liz Young, Virtus Investment Partners Joe Terranova, Cerity's Jim Lebenthal and BMO's Brian Belski.

☆ Crypto investors still rattled by FTX liquidity issue
▼ + stars: | 2022-11-09 | 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 EmailCrypto investors still rattled by FTX liquidity issueCNBC's Kate Rooney reports on the latest news regarding Binance's takeover of FTX and rumors the deal may not go through. With CNBC's Scott Wapner, and the 'Halftime Report' investment committee, SoFi's Liz Young, Virtus Investment Partners Joe Terranova, Cerity's Jim Lebenthal and BMO's Brian Belski.

☆ Momentum points Meta stock more toward $120, says Virtus' Joe Terranova
▼ + stars: | 2022-11-09 | 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 EmailMomentum points Meta stock more toward $120, says Virtus' Joe TerranovaThe traders discuss Meta after the company announces it's laying off 11,000 employees or about 13 percent of it's workforce. With CNBC's Scott Wapner, and the 'Halftime Report' investment committee, SoFi's Liz Young, Virtus Investment Partners Joe Terranova, Cerity's Jim Lebenthal and BMO's Brian Belski.

☆ Republican Sen. John Thune faces off against Democrat Brian Bengs in South Dakota's US Senate election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Sen. John Thune is running against Democrat Brian Bengs to represent South Dakota in the US Senate. Thune, who has more than $17 million in his coffers, will likely cruise to victory in the heavily conservative state. Before being elected to the Senate, Thune served three terms representing South Dakota's at-large congressional district in the US House. South Dakota is a ruby-red state; it only voted Democratic four times, most recently in 1964 when Lyndon B. Johnson handily defeated Barry Goldwater. The money raceAccording to OpenSecrets, Thune has raised $12.5 million, spent $6 million, and has $17.2 million cash on hand, as of October 19.

☆ NFL Week 9 Preview: How to watch and all you need to know
▼ + stars: | 2022-11-06 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +23 min

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. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ How this activewear startup funded by NBA legend Michael Jordan's son plans to take on Lululemon and Nike
▼ + stars: | 2022-11-01 | by ( Matthew Kish | ) www.businessinsider.com time to read: +4 min

Äktiiv products are biodegradable and made from plants. Two Nike veterans, including the basketball legend Michael Jordan's son Jeffrey Jordan, are launching a brand for sustainable workout apparel that hopes to compete with the likes of Lululemon. If it's successful, 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.

☆ NFL Week 8 Preview: Seahawks, Giants face off behind strong quarterback leadership
▼ + stars: | 2022-10-30 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +20 min

The Seahawks have won three of their last four while the Giants are on a four-game win streak. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Just last week, Giants quarterback Daniel Jones earned NFC Player of the Week honors for his performance against the Jaguars. The Jaguars played in London just last year, when quarterback Trevor Lawrence became the first rookie quarterback to win a regular season game in London. Jaguars quarterback Trevor Lawrence is coming off a turnover-free Week 7 against the Giants.

☆ Tom Brady reaffirms his commitment to the Tampa Bay Buccaneers
▼ + stars: | 2022-10-25 | by ( Ben Church | ) edition.cnn.com time to read: +16 min

CNN —Tom Brady has reaffirmed his commitment to the Tampa Bay Buccaneers after a difficult start to the new season, both on and off the field. Jeff Dean/AP It was tough times for the Tampa Bay Buccaneers and Tom Brady on Sunday against the Carolina Panthers. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ We're in the early stages of value outperforming growth, says BMO's Brian Belski
▼ + stars: | 2022-10-25 | 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 EmailWe're in the early stages of value outperforming growth, says BMO's Brian BelskiBrian Belski, BMO chief investment strategist, joins the 'Halftime Report' to discuss value versus growth stocks.

☆ An economic index is flashing a recession warning sign, but it may be a 'mixed signal.' Here's what you need to know
▼ + stars: | 2022-10-25 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +3 min

Michael M. Santiago | Getty ImagesA monthly gauge of what could lie ahead for the U.S. economy is flashing a recession warning sign. The Leading Economic Index dipped by 0.4% in September from August and is down 2.8% since March, according to the Conference Board, an independent group that publishes the index. The latest reading is below a threshold that the organization considers a recession signal. watch nowInitial jobless claims — another data point used in the index — also do not point to the kind of broad-based job loss that comes with a recession. "There are pockets of the labor market that have shed jobs, but it's not widespread job loss," he said.

☆ Stifel says the S&P 500 will rally 15% over the next 6 months as inflation cools
▼ + stars: | 2022-10-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Expect the S & P 500 to rally as much as 15% over the next six months as inflation cools and the Federal Reserve pares back its aggressive tightening campaign, Stifel says. "We do not think a 'classic' U.S. recession has begun, and yet the S & P 500 has already fallen in-line with a post-WW2 recession average," he wrote. Bannister's call comes after the S & P and major averages capped off their best week since June on Friday. BMO Capital Markets' chief investment strategist Brian Belski trimmed his year-end S & P price target to 4,300, saying he had underestimated the influence of inflation. Near-term trends favor cyclical stocks like the beaten-up semiconductors, media and entertainment and tech hardware stocks, Bannister said.

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