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☆ Schumer says senators struggling to reach deal to pass FISA before deadline
▼ + stars: | 2024-04-19 | by ( Ted | ) edition.cnn.com time to read: +3 min

There is broad support in the Senate for Section 702 of the Foreign Intelligence Surveillance Act, and it will eventually be approved. We want to get FISA done as soon as we can, because it’s very important for our national security. So, both sides need to fully cooperate, if we want to get FISA done,” Schumer said on the floor. Under FISA’s Section 702, the government hoovers up massive amounts of internet and cell phone data on foreign targets. Senate Minority Leader Mitch McConnell also pressed for passage of FISA bill, which he said has a number of changes in it to address past “abuses” by the FBI.

Persons: Chuck Schumer, “ We’re, ” Schumer, Critics, Schumer, ”, Mitch McConnell, McConnell, Katie Bo Lillis Organizations: Washington CNN, Republicans, Foreign Intelligence, FISA, The New York Democrat, FBI, Kentucky Republican Locations: Ukraine, Israel, Taiwan

☆ Kennedy Clan to Endorse Biden, in a Show of Force Against R.F.K. Jr.
▼ + stars: | 2024-04-18 | by ( Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

A broad coalition of the Kennedy family will endorse President Biden on Thursday at a campaign rally in Philadelphia, pointedly rejecting one of their own in Robert F. Kennedy Jr., the independent candidate who many Democrats believe poses a significant threat to Mr. Biden’s re-election chances. Among the relatives of Mr. Kennedy expected to back Mr. Biden are his siblings Joseph, Kerry, Rory, Kathleen, Maxwell and Christopher. The Biden campaign released a list of 15 Kennedys set to appear at the rally, but it said other family members would endorse the president as well. Kerry Kennedy will introduce Mr. Biden at the rally, the campaign said, and Joe Kennedy III, Mr. Kennedy’s nephew and a former Democratic congressman from Massachusetts, will do so at a second event. “Nobody competes with President Biden when it comes to carrying on the legacies of John Kennedy and Robert Kennedy and Ted Kennedy,” Kerry Kennedy said on ABC’s “Good Morning America” on Thursday, adding: “I think there is no competition with him.

☆ Netflix blows past earnings estimates as subscribers jump 16%
▼ + stars: | 2024-04-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Total memberships rose 16% in the first quarter, reaching 269.6 million, well above the 264.2 million Wall Street had expected. However, the quarter marks one of the last glimpses investors will get of the company's subscriber base going forward. The company posted revenue of $9.37 billion for the quarter, up from $8.16 billion in the year-ago quarter. Netflix could also provide more insight into its partnership with TKO Group Holdings to bring WWE to the platform. As of Thursday morning, the company's stock was up 27% year to date and around 85% over the last 12 months.

Persons: we've, we're, Ted Sarandos, Jake Paul, Mike Tyson Organizations: Netflix, LSEG Revenue, LSEG, TKO, Holdings, WWE

☆ Election Updates: Biden keeps up Pennsylvania blitz as Trump’s trial resumes in New York.
▼ + stars: | 2024-04-18 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

Among the relatives of Mr. Kennedy expected to back Mr. Biden are his siblings Joseph, Kerry, Rory, Kathleen, Maxwell and Christopher. Responding to the move by his family members, Mr. Kennedy refrained from criticizing them. His campaign also fired a consultant who had suggested that supporting Mr. Kennedy would help Mr. Trump defeat Mr. Biden. He posted on social media last month that Mr. Kennedy was more “radical Left” than Mr. Biden, casting him as a liberal Democrat in disguise. Just as President Biden does today.”After Mr. Biden speaks, Kennedy family members will make calls to voters and knock on doors, the Biden campaign said.

Persons: Kennedy, Biden, Robert F, Kennedy Jr, Biden’s, Mr, Joseph, Kerry, Rory, Kathleen, Maxwell, Christopher, Kerry Kennedy, Joe Kennedy III, Kennedy’s, Donald J, Trump, John Kennedy, Robert Kennedy, Ted Kennedy, ” Kerry Kennedy, ABC’s, “, ”, Lincoln, Patrick’s, ” Mr, John F, Trump’s, Cornel West, —, Donald, “ Daddy Organizations: Democratic, Biden, White, St, Democratic Party, Green Party, Democrats, Capitol Locations: Philadelphia, Massachusetts, Pennsylvania, United States

☆ The No. 1 way for introverts to gain influence at work, says Stanford expert: It’s the ‘only way’ to stay relevant
▼ + stars: | 2024-04-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

But there's good news: You can get noticed without attending every social event, says Stanford University lecturer and communication expert Matt Abrahams. The key is intentionally engaging specific people around you — your "audience," as Abrahams calls them. "The biggest mistake people make in their communication is they don't focus on the needs of the audience," Abrahams tells CNBC Make It. You have three basic methods at your disposal for figuring out what's important to your audience, he notes: reconnaissance, reflection and research. "That's the only way to make [your work] relevant," says Abrahams.

Persons: Matt Abrahams, Abrahams Organizations: Stanford University, CNBC

☆ Biden to appear with Kennedy family for endorsements, as battle heats up with RFK Jr. over family legacy
▼ + stars: | 2024-04-18 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

He has cited Robert F. Kennedy Sr. as a personal inspiration in his political career. And Biden invited Maria Shriver, a niece of John F. Kennedy and Robert F. Kennedy, to attend his State of the Union address to highlight her work on women’s health. In public statements, some members of the Kennedy family have already made clear they are backing Biden in November. In a CNN interview last month, another sister of RFK Jr., Rory Kennedy, said she’s concerned he could undermine Biden’s chances of defeating Trump. I don’t know anybody in America who’s got a family who agrees with him on everything.”The Kennedy family members attending Biden’s event Thursday include Rory Kennedy, Kerry Kennedy, Joe Kennedy II, Beth Kennedy, Joe Kennedy III, Christopher Kennedy, Maxwell Taylor Kennedy, Vicki Strauss Kennedy, Kathleen Kennedy Townsend, Kerry Kennedy Meltzer, Max Meltzer, Ted Kennedy Jr., Stephen Kennedy Smith, Peter McKelvy and Rebeca McKelvy.

Persons: Joe Biden, Kennedy, Biden, Robert F, Kennedy Jr, ’, Kerry Kennedy —, —, “, Donald Trump, “ Donald Trump, ”, Donald, ” Kennedy, She, John White Jr, Robert Kennedy, Amaryllis Fox Kennedy, Joe Kennedy III, It’s, Caroline Kennedy, Victoria Reggie Kennedy, Sen, Ted Kennedy, Patrick’s, Maria Shriver, John F, Rory Kennedy, she’s, Bobby, CNN’s Erin Burnett, America who’s, Kerry Kennedy, Joe Kennedy II, Beth Kennedy, Christopher Kennedy, Maxwell Taylor Kennedy, Vicki Strauss Kennedy, Kathleen Kennedy Townsend, Kerry Kennedy Meltzer, Max Meltzer, Ted Kennedy Jr, Stephen Kennedy Smith, Peter McKelvy, CNN’s Michael Williams, Aaron Pellish, Eva McKend Organizations: CNN, Democratic, RFK Jr, ”, Biden, White, Trump, RFK Locations: Philadelphia, United States, America, Australia, Austria, Northern Ireland, St

Washington CNN —A bill that reauthorizes Section 702 of the Foreign Intelligence Surveillance Act cleared a procedural hurdle on Thursday, paving the way for its passage ahead of a looming Friday night deadline when the intelligence community surveillance tool expires. The test procedural vote passed 67-32, with a combination of liberals and conservatives voting against. It’s unclear if the renewal will happen before the law lapses on Friday. Under FISA’s Section 702, the government hoovers up massive amounts of internet and cellphone data on foreign targets. The Foreign Intelligence Surveillance Court recently OK’d procedures for the program through April 2025, but if the authority lapses on Friday, it is possible that some US companies could refuse to provide the government with data under that certification.

Persons: “, Chuck Schumer, Critics, Katie Bo Lillis Organizations: Washington CNN, Foreign Intelligence, FISA Locations: Ukraine

☆ Book bans are accelerating across the country amid right-wing pressure campaign
▼ + stars: | 2024-04-17 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

But, as they try to claim that mantle, many of those same forces in media and politics are behind a disturbing wave of book bans sweeping the nation. PEN America, a non-profit organization committed to protecting free expression, published an alarming report Tuesday indicating that the “book ban crisis” is only getting worse. “There were over 4,000 instances of book bans in the first half of this school year—more than all of last school year as a whole. In doing so, they have also disproportionately targeted books by women and nonbinary authors,” PEN America said. Ted Shaffrey/APSuch brazen book bans — unprecedented in modern American history — is at its worst in the red states of Florida and Texas.

Persons: New York CNN —, Nikole Hannah, Margaret Atwood’s, ” Amy Reed’s, Rupi, “, ”, ’ ‘, Ted Shaffrey, Ron DeSantis, Abdi Nazemian, I’ve, ” Nazemian, “ I’ve, ” Kasey Meehan, Read, we’re Organizations: New York CNN, PEN America, The New York Times, ” PEN America, Central Library, Brooklyn Public Library, PEN Locations: New York, USA, birthed, ’, New York City, Florida, Texas, In Florida, In Texas, Iranian, Iowa

☆ Senate Democrats unceremoniously kill Mayorkas impeachment trial
▼ + stars: | 2024-04-17 | by ( Brent D. Griffiths | Bryan Metzger | ) www.businessinsider.com time to read: +5 min

On Wednesday, Senate Democrats voted to declare as unconstitutional both articles of impeachment against Department of Homeland Security Secretary Alejandro Mayorkas — effectively ending the trial. It put a swift end to what had been a monthslong process by House Republicans, championed originally by Rep. Marjorie Taylor Greene of Georgia. Democrats agreed with Schumer's move, effectively rendering the articles moot and the trial over before House Republicans could present their case. Senate Republicans were also unsuccessful in their effort to pressure vulnerable Democrats to back their push for a longer trial. Greene forced her colleagues to vote on moving forward with Mayorkas' impeachment last November.

Persons: —, Alejandro Mayorkas —, Marjorie Taylor Greene, Sen, Lisa Murkowski, Mitt Romney, he's, Chuck Schumer, Schumer's, Schumer, Eric Schmitt, Ted Cruz, Mitch McConnell, Jon Tester, Montana, Mayorkas, Mike Gallagher, Wisconsin —, Joe Biden's, Donald Trump, Greene, Mark Green of Organizations: Service, of Homeland, House Republicans, Business, Senators, Missouri Republican, Republicans, Texas Republican, Senate, GOP, White House, Homeland, Democrats, House Homeland Security, Homeland Security Locations: Marjorie Taylor Greene of Georgia, Alaska, Utah, Missouri, Texas, Wisconsin, Southern, Mark Green of Tennessee

☆ Investing in Trump Media is an 'act of faith,' expert says. Here are some risks involved
▼ + stars: | 2024-04-17 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

A screen displays trading information about shares of Truth Social and Trump Media & Technology Group outside the Nasdaq MarketSite in New York City on March 26, 2024. The former president is the majority shareholder in Trump Media, which trades under the initials of his name, DJT, on the Nasdaq. "The reason that people own this stock is because, in one way or another, they support Donald Trump," Rekenthaler said. The closest company comparison to Trump Media is Tesla, according to Rekenthaler. Trump Media is currently a $4 million business through social media, he said.

Persons: Donald Trump, Rekenthaler, John Rekenthaler, Tesla, Elon, Trump, FAFSA, Preston D, Cherry, who's, Oprah —, Ted Jenkin, Jenkin Organizations: Truth Social, Trump Media & Technology Group, Nasdaq, Trump Media, Morningstar, Elon Musk, Trump, Securities and Exchange Commission, Finance, Adidas, CNBC FA Council Locations: New York City, Green Bay , Wisconsin, Atlanta

☆ Trying to win the AI war is going to be expensive. Really, really expensive.
▼ + stars: | 2024-04-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The AI war is going to be really, really, really expensive. Simply put, the more chips you have, the more computing power available to train AI models on greater volumes of data. Justin Sullivan/Getty ImagesThe general business of training models is getting more expensive, too. AdvertisementStanford University's annual AI index report, published this week, notes that the "training costs of state-of-the-art AI models have reached unprecedented levels." The original technology behind AI models cost about $900 to train in 2017.

Persons: Demis Hassabis, —, Demis, Hassabis, they're, Jensen Huang, Justin Sullivan, Google's Organizations: Google, Service, TED, Microsoft, Nvidia, Stanford Locations: Vancouver

The Senate is set for a showdown over the articles of impeachment against Homeland Security Secretary Alejandro Mayorkas as Democrats are expected to move quickly to dismiss the articles, while Republicans insist there must be a full trial. The House transmitted the articles of impeachment to the Senate on Tuesday and senators are expected to be sworn in as jurors Wednesday. Every time there’s a policy agreement in the House, they send it over here and tie the Senate in knots to do an impeachment trial? Senate Minority Leader Mitch McConnell said on Tuesday that senators have a “rare” and “solemn” responsibility to consider the impeachment articles and said he would oppose any effort to table the articles. The deal faced a torrent of attacks from former President Donald Trump and top House Republicans.

Persons: Alejandro Mayorkas, Chuck Schumer, —, Mayorkas, ” Schumer, “, Mitch McConnell, ”, Democratic Sen, Bob Casey of Pennsylvania, CNN’s Manu Raju, Casey, you’ve, It’s, Jon Tester, Montana, Pro Tempore Patty Murray, Biden, Donald Trump Organizations: Homeland, Republicans, Kentucky Republican, Biden, Republican, Democratic, Senate, ICE, CNN, Pro Tempore, Homeland Security, DHS, House Republicans Locations: Kentucky, Washington

☆ Hannah Waddingham: ‘Ted Lasso’ star rebukes photographer over ‘show’ leg request
▼ + stars: | 2024-04-16 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —“Ted Lasso” star Hannah Waddingham rebuked a photographer who allegedly asked her to “show” her leg on the red carpet at the Olivier Awards in London, and the moment went viral on social media. Fans captured the moment when Waddingham, who was hosting the ceremony at the Royal Albert Hall on Sunday, stopped posing for pictures and confronted the photographer. “Oh my god, you’d never say that to a man, my friend,” she said. With her powerhouse vocals and easy charisma, Waddingham has become an increasingly popular host for such events, particularly after wowing audiences as one of the hosts of last year’s Eurovision Song Contest. Waddingham has three Olivier nominations herself.

Persons: Ted Lasso ”, Hannah Waddingham, Waddingham, “, you’d, ”, ” Waddingham, Olivier, Gareth Cattermole, “ Ted Lasso, Sarah Snook, Dorian Gray, Oscar Wilde’s, Nicole Scherzinger, Norma Desmond, ” Scherzinger’s, “ Matilda, ” “ Hamilton Organizations: CNN, Royal Albert Hall Locations: London, “ Sunset, ”

☆ The Masters bubble: No phones and no news – a rare escape from reality
▼ + stars: | 2024-04-16 | by ( Don Riddell | ) edition.cnn.com time to read: +6 min

Augusta National CNN —A ticket to the Masters, known as a badge, is one of the most elusive items in all of sports. The use of cell phones is strictly prohibited on the property of Augusta National, meaning that patrons – fans at the Masters – quickly become oblivious to outside events. Or you come to the Masters.”During these times of heightened international tensions, that makes Augusta National feel like one of the most isolated places on earth. Maddie Meyer/Getty ImagesIt’s hard to make an argument against Augusta’s restrictive cell phone policies. “For her, the liberation of being without a cell phone was absolutely spectacular,” he said.

Persons: “, Mike Rawl, azaleas, Louisa Cranford, ”, ” Cranford, Warren Little, Billy Payne, Fred Ridley, Brian Snyder, Scottie Scheffler, Meredith, Ted Scott, Maddie Meyer, O.J, Simpson, they’d, Joe Biden, Donald Trump, Rachelle Rawl, Bob Nesbit, who’s Organizations: Augusta National CNN, CNN, Augusta, CBS, Reuters, Mental, Columbia University’s Department of Psychiatry, Hooters, McDonalds, Washington, Golf Locations: Augusta, Israel, American

☆ Morgan Stanley delivers a much-needed rebound quarter and eases concerns about a key overhang
▼ + stars: | 2024-04-16 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Morgan Stanley delivered mostly better-than-expected first-quarter results Tuesday morning — a much-needed report for the bank, whose stock has lagged industry peers and tested our patience. Morgan Stanley Why we own it : We own Morgan Stanley for the rebound taking place in IPO and M & A activity along with growth in wealth management, which provides more durable fee-based revenues. MS YTD mountain Morgan Stanley YTD Shares of Morgan Stanley were up more than 2% after Tuesday's earnings release and conference call, building on Monday's modest gains, which broke a three-session losing streak. Capital returns Morgan Stanley repurchased 12 million shares in the first quarter, at an average purchase price of $86.79 per share. Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.

Persons: Morgan Stanley, Goldman Sachs, Morgan Stanley's, Ted Pick, we've, Sharon Yeshaya, Morgan Stanley's CET1, Morgan Stanley YTD, Pick, We've, Yeshaya, Morgan, it's, Morgan Stanley repurchased, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: LSEG, Wealth Management, Investment Management, Institutional Securities, Equity, Morgan Stanley's Wealth Management, Street, Management, Federal Deposit Insurance Corp, Capital, CNBC, Times, Bloomberg, Getty Locations: New York

☆ House sends Mayorkas impeachment articles to the Senate
▼ + stars: | 2024-04-16 | by ( Annie Grayer | Priscilla Alvarez | ) edition.cnn.com time to read: +11 min

CNN —House Republicans have sent to the Senate two articles of impeachment against Homeland Security Secretary Alejandro Mayorkas, a step that launches a trial in the Senate as GOP lawmakers seek to highlight President Joe Biden’s handling of immigration policy. House Republicans do not have the votes or concrete evidence to impeach Biden given their razor-thin majority, leaving that separate impeachment inquiry stalled. GOP arguments for impeachment and pushback from constitutional expertsWhen Johnson originally informed Schumer he would be sending the impeachment articles over to the Senate, he laid out why he believed a Mayorkas impeachment was justified. “These articles lay out a clear, compelling, and irrefutable case for Secretary Alejandro Mayorkas’ impeachment,” Green said in a statement provided to CNN. “I think that what the House Republicans are asserting is that Secretary Mayorkas is guilty of maladministration,” Garber said.

Persons: Alejandro Mayorkas, Joe Biden’s, Mayorkas, Biden, —, impeaching Biden, ”, Donald Trump, Mike Johnson, Trump, Ian Sams, Johnson, Schumer, Mark Green of, Alejandro Mayorkas ’, ” Green, systemically, Samuel Alito, Ross Garber, ” Garber, “, Michael Chertoff, George W, Bush, Jonathan Turley, Chuck Schumer, Dick Durbin, “ I’m, CNN’s Manu Raju, I’ve, –, John Thune, ” Johnson, Pro Tempore Patty Murray, Michael McCaul of, Andy Biggs of, Clay Higgins, Ben Cline of Virginia, Michael Guest of, Andrew Garbarino, Marjorie Taylor Greene, Pfluger, Harriet Hageman of, Laurel Lee, CNN’s Ted Barrett, Morgan Rimmer Organizations: CNN — House Republicans, Homeland, Senate, Democratic, Republicans, Homeland Security, Biden, House Republicans, DHS, ’, Louisiana Republican, Truth, White, CNN, Congress, Tulane University, Republican, Senate Democratic, Mayorkas, Pro Tempore Locations: Louisiana, Mark Green of Tennessee, Washington, Michael McCaul of Texas, Andy Biggs of Arizona, Clay Higgins of Louisiana, Michael Guest of Mississippi, New York, Marjorie Taylor Greene of Georgia, Texas, Harriet Hageman of Wyoming, Laurel Lee of Florida

☆ Morgan Stanley is about to report first-quarter earnings
▼ + stars: | 2024-04-16 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Morgan Stanley is set to report first-quarter earnings before the opening bell Tuesday. Pick's tenure has kicked off on a rocky note, as high interest rates have incentivized the bank's wealth management customers to move cash into higher-yielding securities. But if its rivals are any indication, Morgan Stanley could be helped by strong investment banking and trading results in the quarter. Analysts are likely to question Pick about reports that multiple U.S. regulators are investigating Morgan Stanley for potential shortfalls in how it screens clients for its wealth management division.

Persons: Ted Pick, Morgan Stanley, Wells, Goldman Sachs Organizations: LSEG Revenue, Banking, JPMorgan Chase, Citigroup, Monday . Bank of America, Analysts Locations: Davos, Switzerland, Wells Fargo

☆ Women athletes are on fire. See the 13 top investors and fund managers pouring money into the next 'big opportunity' in sports.
▼ + stars: | 2024-04-14 | by ( Tiara White | ) www.businessinsider.com time to read: +3 min

It comes at a time when women's sports generally — from basketball to soccer and even volleyball — are attracting new viewers. Last week's college women's basketball championship game between the Hawkeyes and the South Carolina Gamecocks, meanwhile, snagged more viewers than any basketball — women or men, college or pro — since 2019, ESPN said. It's not just women's college ball that's luring eyeballs. Attendance at US women's pro soccer games increased by 23% in 2023, according to National World Soccer League commissioner Jessica Berman. And that's just the start, according to hedge fund mogul Marc Larsry, who recently declared women's sports the next "big opportunity" for sports investing.

Persons: Big3, Caitlin Clark, Caitlin, Ted Lasso, Jason Sudeikis, Travis Scott, It's, Jessica Berman, Marc Larsry Organizations: University of Iowa, Business, Iowa Hawkeyes, Hawkeyes, South Carolina Gamecocks, ESPN, National World Soccer League, Deloitte, Wall Locations: Nebraska, Silicon

☆ Unflappable Scottie Scheffler clinches second Masters title with virtuoso display
▼ + stars: | 2024-04-14 | by ( Jack Bantock | ) edition.cnn.com time to read: +8 min

CNN —Scottie Scheffler clinched his second Masters title in style on Sunday, cementing the American’s status as the preeminent force in men’s golf. I love you,” Scheffler replied when asked by Augusta National chairman Fred Ridley if he had a message for his wife. The ball was still amongst the shrubbery when Scheffler rolled in for par on the same green shortly after, extending his lead to three. His first Masters triumph had ended in a shaky – albeit inconsequential – four-putt, but there were no such blips this time round. After a standing ovation on his walk to the 18th green, Scheffler signed off with a simple putt for par.

Persons: Scottie Scheffler, Sweden’s Ludvig Åberg, Scheffler, Meredith, “ I’m, I’ll, ” Scheffler, Fred Ridley, “, can’t, ”, Brooks Koepka, Scheffler toasts, Warren Little, Woods, Åberg, –, Jack Nicklaus, Seve Ballesteros, Tiger Woods, ” Woods, ” Åberg, Fuzzy Zoeller, Europe’s, Andrew Redington, Max Homa, Collin Morikawa, England’s Tommy Fleetwood, Rory McIlroy’s, Spain’s Jon Rahm, Ominously, Morikawa, Homa, Mike Segar, Rahm, Jamie Squire, Aberg, Ted Scott Organizations: CNN, Augusta National, Augusta, Golf, PGA Championship, RSM, Getty Locations: Butler, Augusta, Rome, Homa

☆ 2 stocks to consider buying on weakness, and what to expect from Morgan Stanley earnings next week
▼ + stars: | 2024-04-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Members who don't own Constellation could consider buying some if Mideast tensions were to further send the whole market down. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Morgan Stanley, Ted Pick, Morgan, Wells, Jim Cramer's, Jim Organizations: CNBC, Dow, Nasdaq, Beer, Constellation Brands, Management, Wealth Management Locations: IPOs, Wells Fargo

☆ All of a sudden, Ted Cruz really doesn't want to talk about his podcast
▼ + stars: | 2024-04-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen I approached Sen. Ted Cruz at the Capitol this week, he appeared upbeat, quipping that he was "living the dream" when I opened our conversation. iHeartMedia, which signed on as a corporate partner to the podcast in late 2022, has confirmed that the payments to the super PAC were derived from advertising revenue generated by podcast. The Campaign Legal Center and End Citizens United have also filed a complaint with the Federal Election Commission accusing Cruz of violating campaign finance laws. "When you write a positive story on something I've accomplished here, on legislation I've passed, then I'll answer your questions," Cruz replied.

Persons: —, Sen, Ted Cruz, Cruz, iHeartMedia, Colin Allred, Allred, He's, Ron Johnson, JD Vance, Markwayne Mullin, I've Organizations: Service, Capitol, Texas Republican, Business, Democrat, Houston Chronicle, Democratic Rep, Legal, Citizens, Federal, BP, Capitol Hill, FEC, Sens Locations: Houston, BP America, Texas, Wisconsin, Ohio, Oklahoma

☆ How OJ Simpson’s ‘trial of the century’ reshaped the national media and opened the door to Donald Trump’s presidency
▼ + stars: | 2024-04-12 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

But the impression that Simpson’s all-consuming trial had on shaping the modern media environment cannot be overstated. Simpson’s trial gave way to a media landscape dominated by salacious reality television and talking head-driven cable news. It’s difficult to imagine Trump being elected to the White House without the three-legged stool that Simpson’s trial played a crucial role in building. Reality TV had started earlier, but after Simpson there was a massive profusion of ‘Reality TV,’” Socolow said in an email. “That’s how ‘The Apprentice’ gave Donald Trump a comeback in American culture, and he rode his reality TV stardom to the White House.”

Persons: New York CNN — O.J, Simpson, Donald Trump, Nicole Brown Simpson, Ronald Goldman, Simpson’s, Jeffrey Toobin, Nancy Grace, Greta Van Susteren, Dan Abrams, Harvey Levin, Gregg Jarrett, Al Cowlings, Allen J, Lance Ito’s, Robert Kardashian, Kardashian, Peter Jennings, Tom Brokaw, Andy Lack, ”, Michael Socolow, Rupert Murdoch, Socolow, “, Ted Turner, Murdoch, Trump, “ Simpson, ” Socolow Organizations: New York CNN, National Football League, Patrol, Bronco, Los Angeles Times, CNN, Court TV, The New York Times, NBC, University of Maine Communications, Fox, Fox News, TV Locations: New York, Los Angeles, California, Brentwood, The, Australian

☆ In Praise of Middle Managers - The New York Times
▼ + stars: | 2024-04-11 | by ( David Brooks | ) www.nytimes.com time to read: +2 min

Nobody writes poems about middle managers. So how do these managers work their magic? Let me give you a few features of ethical leadership:Knowing that moral formation is part of the job. When I was starting out at “PBS NewsHour” and I said something he thought was smart, his eyes would crinkle with pleasure. When I said something he thought was crass, his mouth would turn down in displeasure.

Persons: I’ve, Tucker Carlson, Ted Lasso, Lasso, fellas, Jim Lehrer Organizations: PBS

☆ Big donation to Rudy Giuliani defense fund is target of lawsuit alleging fraud by donor
▼ + stars: | 2024-04-11 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

There is no public evidence that Giuliani and Martorano know each other. Giuliani spokesman Ted Goodman, in an email to CNBC, said "This is a lawsuit unrelated to us." CNBC requested comment from lawyers for Martorano, his wife, and the other defendants in both the Georgia lawsuit and a federal civil racketeering and fraud lawsuit in California related to the alleged skincare cream scam. In her ruling, the judge wrote that the plaintiff "has shown by a preponderance of the evidence that Konnektive Defendants deceived banks and credit card companies." "The Konnektive software was designed specifically for the purpose of facilitating automated bank fraud," according to the federal suit.

Persons: Rudy Giuliani, Bonnie Cash, Rudy Giuliani's, Matthew Martorano, Giuliani, Donald Trump, Trump, —, Martorano, Kevin Kneupper, LeAnne Tan, Ted Goodman, Kathryn Martorano, Konnektive, Kneupper, San Diego judge's, Don Emmert Organizations: New York, U.S, Reuters, New York City, CNBC, La, Visa, Mastercard, Fulton County Superior Court, San Diego, Federal, New, Trump National Golf, AFP, Getty, Trump Save America, Save, Commission Locations: Washington , U.S, Georgia, Martorano, Fulton County, California, San Diego, San, New York, Bedminster , New Jersey

☆ Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season
▼ + stars: | 2024-04-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. In theory, higher borrowing costs mean Wells Fargo can generate more money from those interest-earning assets, but it's not that simple. It's hard to say with the fluid inflation and rate expectations whether Wells Fargo might change its NII outlook when it reports on Friday. Wells Fargo also has a key long-term growth prospect in the potential removal of its $1.9 trillion Fed-imposed asset cap. A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.

Persons: Morgan Stanley, We're, Jim Cramer, Wells, Wells Fargo's, Mike Santomassimo, Santomassimo, Jim said, Jim, Wells Fargo, Charlie Scharf, Charlie's, He's, Morgan, there's, Jefferies, Reddit's, James Gorman, Ted Pick, Jim Cramer's Organizations: Club, Silicon Valley Bank, UBS, Investment, JPMorgan, Jefferies, Discover, Wall Street, Amer Sports, Astera Labs, Reddit's, New York Stock Exchange, Street Journal, CNBC Locations: Wells, Silicon, Wells Fargo, Capital, Wilson, Morgan, New York City, U.S

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