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Americans ask 'what's too old?' as Biden turns 80
  + stars: | 2022-11-21 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsAmericans ask 'what's too old?' as Biden turns 80PostedJoe Biden turns 80 on Sunday (November 20), making him the first octogenarian president in U.S. history. With Biden already the oldest person to serve as president, the 2024 race for the White House is shaping up to be uncharted territory for the United States. Angela Johnston reports.
Megan Barr and Amanda Johnston snowshoe through Buffalo’s snow-covered streets after an intense lake-effect snowstorm in western and northern New York. Residents of western and northern New York began digging out Sunday from snowfall that was among the most intense on record, even as bad weather continued in other parts of the state. Many cities and towns east of Lake Erie and Lake Ontario were buried in as much as 5 feet and in some places 6 feet of snow by two powerful lake-effect storms.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is not adequately pricing in recession risk, says Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald head of equity derivatives and cross asset, joins 'Closing Bell' to remark on his latest bearish call, earnings estimates and valuations risks in 2023 and the trajectory of Fed policy.
It's a sign of how powerful this recent market rally has become. While long buying has been a factor in the rally, "I am seeing short covering recently as the market is surging," he told me. In the second week of November, he saw traders cover $22.1 billion in short bets on S & P 500 stocks. "It is now consensus the Fed will be almost done in the next few months, that China's zero Covid [policy] will be eased, so that is priced into the market," Johnston told me. "If you think the upside for stocks is only 4% [in the near future], you might as well buy a money market fund," Johnston said.
Like many creator funds and bonus programs, TikTok Pulse is only available in the US. TikTok followed suit in October with the rollout of TikTok Pulse, a program to share ad revenue with creators. Like other creators, Downer, who makes short-form videos primarily on TikTok, YouTube, and Instagram, was excited to hear the news. TikTok Pulse, like many other bonus programs and creator funds, is only available to US users. Creator funds and bonuses would provide peace of mind in a tough economyIt's been "very irritating" to not have access to the majority of creator funds, said Mia Wells, a UK-based fashion creator on TikTok and Instagram.
Democrat Wiley Nickel defeated Republican Bo Hines in North Carolina's 13th Congressional District. Raleigh MayorDemocrat Wiley Nickel, who is a member of the North Carolina State Senate, has defeated the Trump-endorsed Republican Bo Hines in North Carolina's 13th Congressional District. 2022 General EmbedsNorth Carolina's 13th Congressional District candidatesHines, 27, a political newcomer with virtually no experience, raised eyebrows even within the GOP when former President Donald Trump offered him his endorsement. If elected, he will replace Rep. Ted Budd — a staunch Trump ally and Republican nominee in North Carolina's US Senate race to replace retiring Republican Sen. Richard Burr. Voting history for North Carolina's 13th Congressional DistrictNorth Carolina's 13th Congressional District encompasses Johnston County and parts of Wake, Wayne, and Harnett counties.
YouTube announced in September it would start sharing ad revenue with creators on Shorts in 2023. Then, a week later, YouTube announced that in 2023 it would begin sharing ad revenue from Shorts with creators. For short-form content, YouTube will allocate an undisclosed amount of ad revenue to record labels to secure music licensing. Industry insiders warn that creators should temper expectationsWhile creators are hopeful about the payouts to come from YouTube Shorts, some industry insiders say they should quell their excitement and worry that expectations might not be met. There is an intentionality that comes with selecting and watching a long-form video that the endless scroll of a vertical feed doesn't allow for.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCantor Fitzgerald's Eric Johnston breaks down his move to a neutral callEric Johnston, Cantor Fitzgerald, joins 'Closing Bell: Overtime' to discuss the reason he turned neutral on the market.
YouTube announced in September it would start sharing ad revenue with creators on Shorts in 2023. Then, a week later, YouTube announced that in 2023 it would begin sharing ad revenue from Shorts with creators. For short-form content, YouTube will allocate an undisclosed amount of ad revenue to record labels to secure music licensing. Industry insiders warn that creators should temper expectationsWhile creators are hopeful about the payouts to come from YouTube Shorts, some industry insiders say they should quell their excitement and worry that expectations might not be met. There is an intentionality that comes with selecting and watching a long-form video that the endless scroll of a vertical feed doesn't allow for.
A growing number of states and municipalities are enacting salary transparency laws, a stepping stone toward eliminating wage discrepancies based on gender, race and other unfair practices. Here are a few important ways the push for greater pay transparency will change the way employers think about job listings. Even without a law, expect pay transparency to become the normPay transparency laws have been proliferating across the country, with a growing number of states including California, Colorado, Connecticut, Maryland and Washington enacting some type of salary transparency law. New York City's salary transparency law, meanwhile — set to go into effect Nov. 1 — includes employers with four or more employees, provided at least one works within New York City. Some companies have opted not to recruit in certain states because of their salary transparency laws, explicitly excluding remote candidates who hail from these states in their job postings.
Chinese scientists conducted a computer experiment of a nuclear blast in space. This could render nuclear weapons ineffective and too dangerous for an anti-satellite mission. Chinese military researchers worry that these satellites could provide communication services to rivals or slam into China's space station or satellites, acting as "suicide agents" to disable Chinese space infrastructure during a war. Some Chinese researchers have therefore proposed hitting a few carefully selected targets that could produce a small amount of space debris. "Whether it is legal to use nuclear weapons as a defence measure against a hypersonic weapon attack remains a subject of debate in the research community," he added.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald's head of equity derivatives and cross-asset strategy, joins 'Closing Bell' to discuss the market repricing the chances of a soft landing, the ability for markets to maintain the current rally and signs of inflation falling in pockets of the economy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMultiple data points suggest inflation is falling, says Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald's head of equity derivatives and cross-asset strategy, joins 'Closing Bell' to discuss market repricing the chances of a soft landing, the ability for markets to maintain the current rally, and signs of inflation falling in pockets of the economy.
NHL roundup: Phil Kessel breaks ironman mark, scores 400th goal
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +6 min
Kessel, 35, skated in his 990th consecutive NHL contest, eclipsing Keith Yandle's mark to become the league's new ironman. Colorado's Valeri Nichushkin scored a power-play goal in the first period and Logan O'Connor netted a short-handed goal in the opening minute of the third. Dominik Kubalik recorded a goal and an assist for Detroit, and Dylan Larkin scored the other goal (the first of the game). Brandon Duhaime added a goal and an assist for the Wild, who improved to 2-0-1 in the past three games. Kings 4, Lightning 2Gabriel Vilardi tallied a goal and assist for Los Angeles in a win against visiting Tampa Bay.
Trillions of dollars have flowed globally into investments touting their environmental, social and governance (ESG) credentials, but rules on what constitutes ESG are patchy. The market for UK-listed responsible investment funds grew 64% in 2021 to reach 79 billion pounds ($89.34 billion), the Financial Conduct Authority said. "Greenwashing misleads consumers and erodes trust in all ESG products," said Sacha Sadan, director of environment, social and governance at the FCA. "This places the UK at the forefront of sustainable investment internationally." It said it was stepping up checks on sustainable products and enhancing enforcement.
“M3GAN” doesn’t hit theaters until January, but the movie’s quick, zeitgeist-piercing creepiness as seen in the teaser is something to behold. “I was always thinking of her as real,” “M3GAN” director Gerard Johnston told CNN of his approach. Universal PicturesJohnstone set out to make Megan (short for “Model 3 generative android,” Williams explains in the trailer) more than just a creepy inanimate doll. “Because she is a living doll… [‘M3GAN’ is a] cautionary tale about A.I. Like creepy doll movies, stories that explore evil and/or self-aware technology call to mind the troublesome and blurry line where the inanimate object ends, and where something akin to humanity – but somehow different – begins.
Republican Bo Hines is running against Democrat Wiley Nickel in North Carolina's 13th Congressional District. The 13th District is split between the urban Triangle and rural Sandhills. North Carolina's 13th Congressional District candidatesHines, 27, a political newcomer with virtually no experience, raised eyebrows even within the GOP when former President Donald Trump offered him his endorsement. If elected, he will replace Rep. Ted Budd — a staunch Trump ally and Republican nominee in North Carolina's US Senate race to replace retiring Republican Sen. Richard Burr. Voting history for North Carolina's 13th Congressional DistrictNorth Carolina's 13th Congressional District encompasses Johnston County and parts of Wake, Wayne, and Harnett counties.
Pound sterling rallies after PM Truss quits
  + stars: | 2022-10-20 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsPound sterling rallies after PM Truss quitsPostedThe UK's currency recovered recent losses on Thursday (October 20) and investors reined in their bets on a big Bank of England interest rate hike, as UK Prime Minister Liz Truss announced her resignation just six weeks after being appointed. Angela Johnston reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOdds of a soft landing are rising, says Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald, joins 'Closing Bell: Overtime' to discuss markets, inflation and his call on the increasing possibility of a soft landing.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should look at defensive companies with high cash flow, says John Hancock’s Emily RolandCantor Fitzgerald's Eric Johnston, Payne Capital's Courtney Garcia and John Hancock’s Emily Roland, join 'Closing Bell: Overtime' to discuss the market rally, inflation and the Fed.
PepsiCo Raises Prices, Lifts Sales Views Again
  + stars: | 2022-10-12 | by ( Sabela Ojea | ) www.wsj.com   time to read: 1 min
Prices for PepsiCo snacks and drinks are going up further. The company has already pushed prices higher in the latest quarter, Chief Financial Officer Hugh Johnston said Wednesday, and was prepared to lift them more if costs escalate.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPepsiCo raises forecast after Q3 earnings beat Wall Street's expectationsHugh Johnston, vice chairman and CFO of PepsiCo, joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and raised full-year forecast.
Oct 12 (Reuters) - PepsiCo Inc (PEP.O) on Wednesday lifted its annual forecasts for revenue and profit as the soda and snack giant raised prices again to battle surging costs while also signaling resilient consumer demand. The price mark-ups helped revenue rise across all segments, especially in its biggest two divisions of North America beverage and Frito-Lay. The company raised its 2022 organic revenue forecast for a third time this year and now expects it to rise 12%, compared to a prior forecast of a 10% increase. For the quarter, the company earned a better-than-expected profit of $1.97 per share on revenue of about $22 billion. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
A disgraced South Carolina attorney has pleaded guilty to charges related to the storming of the Capitol. David Johnston was identified from TikTok and Facebook live videos. David Johnston, 66, from Summerville, South Carolina, pleaded guilty to Disorderly Conduct on Capitol Grounds, which carries a maximum sentence of six months in prison, according to court documents. The court presented a number of photos and screenshots from videos of Johnston in the Capitol building, wearing a Trump hat. CCTV footage from the Capitol also shows Johnston and Clifton there, who could be identified through corroboration with their social media documentation.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe individual investor has not sold, institutions have, says Cantor's Eric JohnstonCantor Fitzgerald's Eric Johnston joins 'Closing Bell: Overtime' to discuss the Fed's impact on the markets and just how far down the markets will go as access to credit gets more expensive.
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