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☆ Stocks making the biggest premarket moves: Boeing, Bristol-Myers Squibb, Chegg, Krispy Kreme and more
▼ + stars: | 2023-11-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading: Boeing — The aerospace stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. PENN Entertainment — The gambling stock popped 4.4% on the back of a Bank of America upgrade to buy from neutral. The Food and Drug Administration won't be able to meet to make a decision by the target date of Dec. 16. Krispy Kreme — Shares of the doughnut chain slipped 1.8% following a downgrade by JPMorgan to neutral from overweight. Vale — U.S.-listed shares of the Brazil-based metal and mining company added 2.6% following an upgrade by Bank of America to buy from neutral.

Persons: Sam Altman, Cantor Fitzgerald, Bristol Myers, Krispy, Krispy Kreme, Goldman Sachs, Iovance, Morgan Stanley, Terri Kelly, Kelly, —, Sarah Min, Alex Harring, Michael Bloom Organizations: Boeing, Deutsche Bank, Microsoft, PENN Entertainment, Bank of America, ESPN Bet, Myers, Drug Administration, Bristol, JPMorgan, Bros, Rentals, United Rentals Locations: Bristol, Vale — U.S, Brazil

☆ MGM's Detroit Casino Workers Reject New Labor Deal
▼ + stars: | 2023-11-20 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Workers at MGM Resorts International's Detroit casino have rejected a tentative five-year labor contract and will continue with their month-long strike, union officials said on Monday. However, about 2,100 union members at Hollywood Casino at Greektown and MotorCity Casino voted on Monday to ratify the new contract, ending a 34-day strike. The council reached a tentative agreement on Nov. 17 for a new contract covering 3,700 workers at MGM Grand Detroit, Hollywood Casino at Greektown operated by Penn Entertainment and MotorCity Casino. Despite the continuation of the strike at MGM Grand, operations will continue as usual, the casino said. About 40,000 hospitality workers in the Las Vegas Strip also reached a tentative labor deal with casinos operated by Wynn Resorts, Caesars Entertainment and MGM earlier this month.

Persons: Ananta Agarwal, Anil D'Silva Organizations: Reuters, Workers, MGM Resorts, Detroit Casino Council, MGM, Hollywood, MotorCity, MGM Grand Detroit, Penn Entertainment, United Auto Workers, UAW, Teamsters, Las Vegas, Wynn Resorts, Caesars Entertainment Locations: Detroit, Greektown

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Boeing, Tesla, Dell, Microsoft & more
▼ + stars: | 2023-11-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Raymond James reiterates Nvidia as strong buy Raymond James said it's bullish heading into Nvidia earnings on Tuesday. Bernstein reiterates Tesla as underperform Bernstein said it's standing by its underperform rating on Tesla as EV growth is slowing. JPMorgan upgrades Dutch Bros to overweight from neutral JPMorgan said the coffee chain has "strong available liquidity" to continue to grow. " JPMorgan downgrades Krispy Kreme to neutral from overweight JPMorgan downgraded the stock mainly on valuation. " Melius initiates Dell as buy Melius Research initiated Dell with a buy and said it's an "inexpensive" way to play AI.

Persons: Wolfe, ChargePoint, Jefferies, it's bullish, Raymond James, it's, Stifel, Wells, Bernstein, Tesla, underperform Bernstein, BTIG, Morgan Stanley downgrades Chegg, Morgan Stanley, LT, Hewlett Packard Evercore, Goldman Sachs, Krystal, Goldman, Penn, Energizer, Sherwin, Williams, Dell, Oppenheimer, OpenAI's Sam Altman, Sam Altman Organizations: Cedar Fair, SIX, Nvidia, Resources, MNR, ARM, Acorn, Apple, JPMorgan, Deutsche Bank, Boeing, Deutsche, Bros, Brands, Hewlett, Krystal Biotech, " Bank of America, of America, ESPN, PENN Entertainment, ESPN Bet, Citi, UBS, Kosmos Energy, Bank of America, CSN, HSBC, Caterpillar, BMO, Wedbush, Research, Microsoft Locations: NVDA, China, ENR, Brazil, Australia, Vale, 2024e

☆ Stocks making the biggest moves midday: Microsoft, Chegg, Zoom Video, Paramount and more
▼ + stars: | 2023-11-20 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Zoom Video Communications — The software stock added nearly 2% ahead of its third-quarter earnings due after market close. The Professional Fighters League announced on Monday that it completed its acquisition of mixed martial arts brand Bellator from Paramount. Penn Entertainment — The gambling stock jumped 7% on the heels of a Bank of America upgrade to buy from neutral. Boeing — The aerospace stock jumped 4% after Deutsche Bank upgraded the shares to a buy rating from hold. Chegg — Shares of the education technology company dropped 5% following a downgrade to underweight from equal weight by Morgan Stanley.

Persons: Wells, Sam Altman, Greg Brockman, Raymond James, Morgan Stanley, Krispy Kreme, Iovance, Goldman Sachs, Terri Kelly, Kelly, Peter Grom, —, Alex Harring, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Communications, FactSet, Paramount, Professional Fighters League, Bellator, Penn Entertainment, Bank of America, ESPN Bet, Spectrum Brands, Microsoft —, Microsoft, Nvidia, Boeing, Deutsche Bank, JPMorgan, Caterpillar —, HSBC, United Rentals — United Rentals, Bristol Myers, Energizer Holdings, UBS, RBC Capital Markets Locations: FactSet

ANN ARBOR, Mich. (AP) — Jim Harbaugh is leaning on lessons from “Ted Lasso” to cope with the challenges that come with preparing No. John Harbaugh, coach of the Baltimore Ravens, said his brother had his play sheet with him. After Harbaugh served his first suspension, the Wolverines were routing overmatched opponents while facing potentially tougher obstacles off the field. Harbaugh acknowledged the outside noise was loud at first, but said players and coaches have learned to tune it out. ___AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll

Persons: — Jim Harbaugh, Ted Lasso ”, ” Harbaugh, Ted, “ We've, Chris Partridge, Harbaugh, ”, “, Sherrone Moore, John, John Harbaugh, ” John Harbaugh, football's, it’s Organizations: Ohio State, NCAA, Big, College Football, Wolverines, Buckeyes, Big House, Maryland, Baltimore Ravens, Michigan, Penn State, Terrapins, AP Locations: Mich, Michigan

ET: Bank of America upgrades Penn Entertainment to buy Shares of Penn Entertainment could take off with the company's new initiative, according to Bank of America. ET: Deutsche Bank upgrades Boeing, says free cash flow will boost shares Deutsche Bank thinks there's a bright future ahead for Boeing . And if that's correct, then the momentum on deliveries should carry through to a positive inflection in FCF revisions," wrote analyst Scott Deuschle. Bank of America analyst Alex Vrabel downgraded the electric vehicle charging firm to neutral from buy. "FUN management has achieved more consistent execution, which should translate well to SIX rich asset based structure," wrote analyst David Katz.

Persons: Shaun Kelley, Kelley, Lisa Kailai Han, Scott Deuschle, Deuschle, — Lisa Kailai Han, Caio Ribeiro, Riveiro, Alex Vrabel, Wolfe, Shreyas Patil, Vrabel, Wolfe Research's Patil, Jefferies, David Katz, John Ivankoe, Krispy, Fred Imbert Organizations: CNBC, Deutsche Bank, Boeing, JPMorgan, Bros, Bank of America, Penn Entertainment, ESPN Bet, Atlantic City, PENN, Vale, VALE, Wolfe Research Bank of America, Wolfe Research, ChargePoint, Jefferies, Six Flags, Cedar, Flags, Fair, North, Dutch Bros Locations: Chicago, Tunica, Atlantic, PENN, Bank, North America

Ventura County District Attorney Erik Nasarenko gives an update on the death and investigation of Pro-Israeli supporter Paul Kessler who died at a rally on November 5, 2023, Thousand Oaks, California, U.S, November 17, 2023. REUTERS/Jorge Garcia Acquire Licensing RightsTHOUSAND OAKS, California, Nov 17 (Reuters) - A California man pleaded not guilty to manslaughter and battery charges on Friday in the death of a Jewish man who fell to the ground and hit his head during an altercation between pro-Israel and pro-Palestinian demonstrators this month. Alnaji pleaded not guilty to the charges and remained jailed on a $50,000 bond, the prosecutor's office said. Neither murder nor voluntary manslaughter charges were filed because prosecutors found no evidence of malice aforethought or intent to kill, the DA said. Reporting by Jorge Garcia in Thousand Oaks, California; Additional reporting by Joseph Ax in New York and Brad Brooks in Longmont, Colorado; Writing and additional reporting by Steve Gorman in Los Angeles; Editing by Kim Coghill and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Erik Nasarenko, Paul Kessler, Jorge Garcia, Loay Alnaji, Alnaji, Kessler, Nasarenko, Jim Fryhoff, Witnesses, Imam Abdul, Latif Sackor, Sackor, Joseph Ax, Brad Brooks, Steve Gorman, Kim Coghill, William Mallard Organizations: Pro, REUTERS, Israel, Court, Palestinian, Hamas, . Police, Penn, Times, Police, Amtrak, Thomson Locations: Ventura County, Oaks , California, U.S, California, Moorpark , California, Los Angeles, Rhode Island, New York City, Manhattan, Oaks, Israel, Gaza, Rhode, Providence, Thousand Oaks , California, New York, Longmont , Colorado

☆ The 20 Best Gifts for Your In-Laws—Including the Hard to Impress
▼ + stars: | 2023-11-17 | by ( Karen I. Chen | ) www.wsj.com time to read: +11 min

“There is an unspoken pressure on nailing the perfect gift,” says Kristin Fisher, the Collegeville, Penn.-based founder of custom gift box company Bocu. Leah Inman, a Dallas-based gifting consultant, recommends ordering a custom house portrait for mothers-in-law, in particular. They likely already know about red light therapy, so this petite wand makes the perfect gift, according to Fisher. That’s why he recommends gift cards, such as one from Massage Envy, which has more than 1,100 locations in the U.S. and offers both massage and facials, as well as stretch therapy. Inman recommends gifting this compact jewelry organizer for your jetsetting sister- or mother-in-law.

Persons: Karen I, Chen, ”, Kristin Fisher, we’ve, Leah Inman, Tami Claytor, Fisher, “, won’t, ” Fisher, Carver, Patrick Kucharson, Inman, they’re, Eden Delaune, Sonoma, Kucharson, ” Kucharson, Delaune, ” It’s Organizations: Homes, Watercolor, Amazon Locations: Penn, Dallas, New York City, Cleveland , Ohio, Eden, Fort Worth , Texas, cardigan, U.S

☆ ESPN's VP of sports betting shares his keys to success for ESPN Bet and an inside look into the partnership with Penn
▼ + stars: | 2023-11-17 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +8 min

In other words, ESPN Bet has arrived. The companies announced in August their collaboration, with the operator selling its stake in Barstool Sports to rebrand Barstool Sportsbook as ESPN Bet. Screenshots from the ESPN Bet app. Providing easy transitions between the ESPN and ESPN Bet apps is a key focus to drive that metric, he added. — ESPN BET (@ESPNBet) November 10, 2023The move has given ESPN Bet an advantage on social media with 5.4 million followers on X, 2.7 million on Facebook, and 2.4 million on Instagram.

Persons: It's, Jay Snowden, Mike Morrison, Morrison, Scott Longley, DraftKings, Penn, Snowden, Jimmy Pitaro, Pitaro, I'm, cohesively we've, Keys, Fubo Sportsbook, Maxim Bet, it's Organizations: ESPN Bet, ESPN, Penn Entertainment, Sports, Business, Apple, Caesars, Penn, ESPN Penn, TheScore, Fox, Maxim, Yahoo, Walt Disney Company, ESPN BET, Facebook Locations: Penn, Las Vegas

ANN ARBOR, Mich. (AP) — Sherrone Moore's tears streamed down his cheeks and expletives left his lips, passionately supporting suspended coach Jim Harbaugh, in an on-field postgame interview after No. “All the craziness, all that stuff going on, it’s just brought us closer and closer together,” Moore said earlier this week. A day before facing the Terrapins, linebackers coach Chris Partridge was fired in the latest wave of turmoil at Michigan. Harbaugh called the Wolverines “America’s team” for continuing to win under the cloud of the scandal. As an offensive guard, he helped Oklahoma win Big 12 titles in 2006 and 2007 and played in BCS bowl games.

Persons: expletives, Jim Harbaugh, Moore, it’s, ” Moore, football's, Harbaugh, we’ve, ”, Chris Partridge, Warde Manuel, Partridge, let’s, We’re, Matt Weiss, “, Kenneth Grant, He's, Larry Lage Organizations: Michigan, Maryland, Oklahoma, Ohio State, Big Ten, College Football, Terrapins, Athletic, FBI, Central Michigan, BCS, Big, Penn State, AP Locations: Mich, Michigan, Kansas, Central, Louisville

☆ Los Angeles Will Offer More Energy Incentives to Low-Income Residents
▼ + stars: | 2023-11-16 | by ( Ivan Penn | More About Ivan Penn | ) www.nytimes.com time to read: +1 min

Los Angeles said on Thursday that it would build electric vehicle chargers and offer bigger rebates for the purchase of battery-powered cars in response to a new report that concluded that low-income people were being left behind in the transition to clean energy. City officials said they would offer qualified residents up to $4,000 to buy used electric vehicles, up from $2,500, and build a network of fast chargers in underserved neighborhoods where few private companies have built such stations. Los Angeles’s effort comes as government officials are struggling to make electric vehicles and clean energy more affordable. Sales of new battery-powered cars have slowed in recent months partly because many of the models are too expensive for most car buyers. Some of these challenges were highlighted in the report, released on Thursday by the Los Angeles Department of Water and Power, a city-owned utility; the National Renewable Energy Laboratory; and the University of California, Los Angeles.

Organizations: Los Angeles Department of Water, National Renewable Energy Laboratory, University of California Locations: Angeles, Los Angeles

☆ Top Israeli official has a warning for US universities
▼ + stars: | 2023-11-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Nir Barkat, Israel’s minister of economy and industry, is warning American universities to crack down on antisemitism. “You’re going to see many funders of Ivy League and other universities shy away from that behavior,” he said. The Israeli official said there must be an attitude change and a willingness to “fight them everywhere – including on the campuses.”“Terror is multiplication. You multiply the will to create terror and the ability to create terror,” Barkat said. The Israeli official praised President Joe Biden for “unwavering support,” including his wartime visit to Israel.

Persons: New York CNN — Nir Barkat, ” Barkat, Barkat, “ You’re, ”, Marc Rowan, Jon Huntsman, Dick Wolf, Edgar Bronfman , Jr, Liz Magill, ” Magill, “, Joe Biden Organizations: New, New York CNN, “ Schools, CNN, Ivy League, University of Pennsylvania, FBI, Columbia, Harvard, “, Columbia University, Penn, Israel Locations: New York, Manhattan, United States, Israel, Barkat, Washington

NEW YORK (AP) — ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday. Under the agreement, Penn will operate ESPN Bet while ESPN promotes the app across its online and broadcast platforms. It's unclear when ESPN Bet will officially be available to download. In addition to the $1.5 billion licensing deal, Penn also said it would grant ESPN rights worth about $500 million to purchase shares in Penn. The upcoming launch of ESPN Bet could take Walt Disney Co.-owned ESPN into uncharted waters.

Persons: Penn, Dave Portnoy Organizations: ESPN Bet, Penn Entertainment, ESPN, Penn, Sports, Walt Disney Co Locations: — Arizona, Colorado , Illinois , Indiana , Iowa , Kansas , Kentucky, Louisiana , Maryland , Massachusetts, Michigan , New Jersey , Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Penn

(AP) — Baltimore Ravens coach John Harbaugh said Tuesday he's spoken to his brother, Jim, quite a bit, and he's proud of how the Michigan coach has handled the sign-stealing scandal that put the program under investigation. “His phones, his computers and all that stuff have been looked at, and he’s come through this thing with flying colors,” John Harbaugh said. “I don’t know what they are trying to get, but they don’t have anything of substance, and I just think I’m proud of him. His coaches love him, and he stands tall through all this.”Political Cartoons View All 1247 ImagesThe Big Ten said the suspension was meant to punish the university, not Jim Harbaugh. Let's get through Thursday night and see where we're at," John Harbaugh said.

Persons: OWINGS MILLS, John Harbaugh, Jim, ” John Harbaugh, “, Jim Harbaugh, Harbaugh, I’m, he’s, Let's Organizations: — Baltimore Ravens, Big Ten, Ten, Wolverines, Penn State, Maryland, Ravens, Cincinnati, AP Locations: Md, Michigan

1 in the College Football Playoff rankings Tuesday night, nudging past Ohio State, with third-place Michigan and fourth-place Florida State holding their spots in the top four. “Active, strong debate in the room,” Corrigan said of choosing between Georgia and Ohio State. The Wolverines won 24-15 at Penn State, but couldn't pass Big Ten rival Ohio State. No team with two losses has ever made the College Football Playoff, and only one team from the Group of Five has made the final top four — Cincinnati in 2021. Sign up here___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: Georgia, Boo Corrigan, Missouri's, ” Corrigan, ___, Ralph D, Russo Organizations: College Football, Ohio State, Florida State, Mississippi, Bulldogs, Missouri, North Carolina State, Tennessee, The Wolverines, Penn State, Big, Buckeyes, Washington, Louisville, Cincinnati, AP Locations: nudging, Ohio, Michigan, Florida, Georgia, Ohio State . Michigan, Oregon, Texas, Alabama, . Missouri, Louisville

☆ Scientists used a galaxy cluster that warps space-time as a giant magnifying glass to find 2 distant galaxies
▼ + stars: | 2023-11-14 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A team of astronomers used a cluster of galaxies like a magnifying glass to discover two never-before-seen distant galaxies. Pandora's Cluster warps the fabric of space-time, creating a visual effect that magnifies light behind it. The two newly uncovered galaxies are two of the most distant galaxies ever detected. AdvertisementScientists used a galaxy cluster that warps the fabric of space-time like a magnifying glass, helping them discover two of the most distant galaxies ever observed. These two distant galaxies are also special because of their unique shape.

Persons: —, James Webb, Joel Leja, Leja Organizations: Service, Penn State, Telescope

2 Michigan or win a hearing to at least temporarily lift the Big Ten’s penalty against him for a sign-stealing scheme. "I'm just looking for that opportunity, due process," Harbaugh said at his weekly news conference. I'm not looking for a popularity contest. “I was like 5 inches from the TV,” said Harbaugh, whose punishment included being banned from Penn State's stadium. There's times when I'm doing good things for other people, and they're not as happy to see me as my chickens are."

Persons: — Jim Harbaugh, Harbaugh, I'm, ” Harbaugh, Warde Manuel, “ Warde, Sherrone Moore, Moore, “, ”, Cornelius Johnson, Harbaugh's, they're, Larry Lage Organizations: Michigan, Big Ten, Penn State, Nittany Lions, The Wolverines, Maryland, Penn State's, AP Locations: Mich, Michigan

☆ Penn Entertainment and ESPN partnership is a 'Hail Mary for both sides', says analyst Joe Pompliano
▼ + stars: | 2023-11-13 | 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 EmailPenn Entertainment and ESPN partnership is a 'Hail Mary for both sides', says analyst Joe PomplianoHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Mary, Joe Pompliano, Brian Sullivan, “ Organizations: Penn Entertainment, ESPN, CNBC

The logo of Industrial and Commercial Bank of China (ICBC) is pictured at the entrance to its branch in Beijing, China April 1, 2019. ICBC, whose U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Nov. 9, did not immediately respond to a request for comment. "They paid a ransom, deal closed," the Lockbit representative told Reuters via Tox, an online messaging app. "The market is mostly back to normal now," said Zhiwei Ren, a portfolio manager at Penn Mutual Asset Management. The ransomware attack came at a time of heightened worries about the resiliency of the $26 trillion Treasury market, essential to the plumbing of global finance, and is likely to draw scrutiny from regulators.

Persons: Florence, BNY Mellon, Zhiwei Ren, Ransom, Allen, James Pearson, Davide Barbuscia, Carolina Mandl, Tatiana Bautzer, Pete Schroeder, Michelle Price, David Goodman, Jonathan Oatis, Alexander Smith Organizations: Industrial, Commercial Bank of China, REUTERS, Commercial Bank of, Reuters, U.S . Treasury, Penn Mutual Asset Management, Treasury, U.S . Treasury Department, Financial, Authorities, Boeing, Overy, Washington DC, Thomson Locations: Beijing, China, Commercial Bank of China, U.S, Tox, United States, London, Carolina, New York, Washington

☆ Edgar Bronfman, Jr., slams UPenn leaders for ‘morally bankrupt’ response to Hamas terror attack on Israel
▼ + stars: | 2023-11-13 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Private equity executive Edgar Bronfman, Jr., whose family includes well-known supporters of Israel, is calling for the leaders the University of Pennsylvania to step down due to their response to the Hamas terror attacks against Israel, CNN has learned. College campuses have experienced a surge in tensions since the October 7 terror attack by Hamas and as the Israel-Hamas war continues. Last week, UPenn said it alerted the FBI to a series of threatening antisemitic emails sent to university staff. UPenn declined to comment on the Bronfman email. “This blurring of Hate speech as free speech is exactly what the University has enabled – even encouraged,” Bronfman wrote.

Persons: Edgar Bronfman , Jr, Bronfman, Liz Magill, Scott Bok “, “, ”, ” Bronfman, Magill, Marc Rowan, Dick Wolf, Jon Huntsman, Cliff Asness, Bok, UPenn, ” Magill, –, Edgar Bronfman Sr Organizations: New, New York CNN, University of Pennsylvania, CNN, Ivy League, “, Penn, Wharton , New York University, Bard, Harvard, Georgetown . College, FBI, University of Virginia, Waverly Capital, University, Warner Music Group, Seagram, Lauder Institute, Wharton, World Jewish Congress Locations: New York, Israel, Wharton ,, Palestine

☆ After a Key Win, Michigan Girds for Its Next Battle: Freeing Jim Harbaugh
▼ + stars: | 2023-11-12 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

The emotional aftermath of Michigan’s key win over Penn State on Saturday turned into a celebration of the one person notably absent: Jim Harbaugh, the Wolverines’ coach who had been suspended by the Big Ten over alleged sign-stealing. Offensive coordinator Sherrone Moore, who filled in as acting head coach, gave a profanity-laced postgame interview thanking both God and his suspended boss. A player held up a white board with “FREE JIM” scrawled on it. Quarterback J.J. McCarthy pointed at a television camera and proclaimed: “Love you, coach.”

Persons: Jim Harbaugh, Sherrone Moore, JIM ” scrawled, J.J, McCarthy, ” Organizations: Penn State, Wolverines, Big

Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

☆ Are US Treasurys still a safe-haven asset? An epic bond-market crash and rising default fears are sowing doubts.
▼ + stars: | 2023-11-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Financial markets have been engaged in a growing debate over the risks that lurk in Treasurys, with prominent voices raising doubts. AdvertisementAdvertisementIn March, a Richard Bernstein Advisors note said spreads on credit default swaps have climbed for Treasurys since since 2011, when the federal government was issued its first credit downgrade. Then came this spring's debt-ceiling drama and the US credit downgrade in August from Fitch, which cited the rising debt burden and political dysfunction. If a downgrade follows, then US debt wouldn't be in the safest category for default risk at any of the three major ratings agencies. Several auctions for long-dated Treasurys have seen weak demand, and buyers are demanding higher compensation for the risk of carrying Treasurys.

Persons: —, Moody's, they've, Mohamed El, Erian, Asset's Seema Shah, Treasurys, Richard Bernstein, Gennadiy Goldberg isn't Organizations: Service, Federal, CNBC, Dallas Federal, Richard Bernstein Advisors, Fitch, Penn Wharton Budget, Securities Locations: Treasurys, there's, US

Penn State fired offensive coordinator Mike Yurcich on Sunday, the day after coach James Franklin's team had another punchless performance against a highly ranked rival. 12 Penn State lost 24-15 to No. Penn State said running backs coach Ja’Juan Seider and tight ends coach Ty Howle will serve as interim offensive coordinators for the final two games against Rutgers and Michigan State. Yurcich has been with Penn State since 2021 as quarterbacks and offensive coordinator. Yurcich had stints as quarterbacks coach and coordinator at Texas, Ohio State and Oklahoma State before landing at Penn State.

Persons: Mike Yurcich, James Franklin's, Ja’Juan Seider, Ty Howle, Yurcich, Mike, ” Franklin, Drew Allar, “ I’m, ” Allar, “, it’s, “ We’ve, Travis Johnson, Ralph D, Russo, ___ Organizations: Penn State, The Nittany Lions, Michigan, Ohio State, Rutgers, Michigan State, Big, Sunday, Wolverines, Buckeyes, Texas , Ohio, Oklahoma State, State College ,, AP Locations: Michigan, Texas ,, Texas , Ohio State, State College , Pennsylvania

☆ Michigan Will Play Penn State Without Jim Harbaugh While Legal Battle Ramps Up
▼ + stars: | 2023-11-11 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

Michigan coach Jim Harbaugh was suspended by the Big Ten over alleged sign-stealing violations. Photo: Al Goldis/Associated PressWhen the Big Ten suspended Michigan football coach Jim Harbaugh over alleged sign-stealing violations late Friday afternoon, the school rushed to court with an urgent message: It needs Harbaugh to finish off a dream season. 2 in the College Football Playoff rankings, were forced to kick off their marquee game against No. 9 Penn State without their boss when a judge didn’t issue a ruling in the hours before the game. With the small window between the Big Ten’s decision and Saturday’s noon kickoff, Michigan missed its limited chance to get Harbaugh back on the sidelines.

Persons: Jim Harbaugh, Al Goldis, Harbaugh Organizations: Big, Big Ten, Michigan, Wolverines, College Football, Penn State Locations: Michigan

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