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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPuck's Matt Belloni on the future of cable networks and how Comcast can make 'SpinCo' workMatt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the future of TV and the media industry, and more.
Persons: Matt Belloni, Puck Organizations: Comcast
In federal court, the music mogul Sean Combs is facing a sweeping indictment that accuses him of running a criminal enterprise that engaged in sex trafficking and racketeering conspiracy. Online, a cottage industry of amateur sleuths, speculators and self-described past associates have accused him, often with little grounding, of far worse. After Mr. Combs was charged in September, the social media theorizing about rampant celebrity debauchery and additional victims only grew more feverish and conspiratorial. Soon, a man began showing up on true crime podcasts claiming he had been given videos that showed sexual encounters involving Mr. Combs and a variety of other stars, including some he said looked to be inebriated and underage. Media outlets have received anonymous emails offering to negotiate deals to provide the supposed footage, but none have published any images and it remains unclear whether such videos even exist.
Persons: Sean Combs, Combs, Mr Organizations: Media
Someone at the National Turkey Federation once had an idea: Let’s send a live turkey to Harry Truman for a presidential holiday feast! Previously, some individual turkey producers had sent their products to the president to promote them, but the greater resources of the National Turkey Federation meant that the story could be promoted more effectively. The turkey sent to President Truman was killed and eaten, as were turkeys subsequently sent to President Dwight Eisenhower. The turkeys pardoned by President Biden last Thanksgiving were supplied by America’s largest turkey producer, Jennie-O Turkey Store, part of the giant Hormel Foods Corporation. Other turkey producers also received many millions of dollars, part of a huge subsidy for U.S. turkey and chicken producers.
Persons: Harry Truman, Truman, Dwight Eisenhower, John F, Kennedy, , , ” Kennedy, George H.W, Bush, Biden, Jennie Organizations: National Turkey Federation, Hormel Foods Corporation . Locations: Turkey
How to Plan a Family Heritage Trip
  + stars: | 2024-11-22 | by ( Shannon Sims | ) www.nytimes.com   time to read: +1 min
In the second season of the TV show “The White Lotus,” three generations of a fictional American family travel to Sicily to try to reconnect with their ancestral roots. Though their journey goes hilariously wrong at times, heritage trips like theirs have become serious business. But DNA-testing sites, online genealogical databases and social media have made searching far easier, fueling a growing interest in heritage travel. Not everyone goes on a heritage trip for the same reason: Maybe you want to meet living relatives to swap photos and stories. Or you could simply be looking to connect with a place your family once called home.
Organizations: Grand View Research Locations: Sicily
Sexual misconduct allegations against Matt Gaetz had drawn scrutiny after Mr. Trump said he wanted to nominate him for attorney general. Mr. Trump moved quickly to replace Mr. Gaetz with another conservative favorite. Federal prosecutors ultimately dropped the case against Mr. Gaetz, but their chart of payments was obtained by the ethics committee, which was investigating whether Mr. Gaetz had sex with the woman when she was underage. After she turned 18, Mr. Gaetz paid for sex with her on at least two other occasions, the person said. Mr. Trump seemed attracted to Mr. Gaetz as attorney general especially because of the former congressman’s willingness to blow things up.
Persons: Matt Gaetz, Trump, Donald J, Gaetz, Pam Bondi, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Vance, Mr, ” Mr, “ Matt, Jean Carroll, Hegseth, Kennedy, Elon Musk, Linda McMahon, JD Vance, , , Todd Blanche, Blanche, implacably, Lisa Murkowski, Susan Collins of, Mitch McConnell of, John Curtis of Utah, Collins, McConnell, Murkowski, Curtis, John Cornyn, Kevin Cramer, Ginger Luckey, Kevin McCarthy, Andrew Bailey, Robert J, Giuffra Jr, Cromwell, Boris Epshteyn, Marco Rubio, Trump’s, Tim Balk, Michael Gold, Michael C, Bender, Karoun Demirjian, Robert Draper, Catie Edmondson, Maya C, Miller, Michael S, Schmidt, Noah Weiland Organizations: Senate, Justice Department, Republicans, Fox News, Trump, DOJ, Mr, SpaceX, World Wrestling Entertainment, Capitol, Republican, Fort Walton, Florida Panhandle, New York Times, Wednesday, The Times, CNN, Sullivan, Department, Justice, Alcohol, Tobacco, Firearms, Explosives, 119th Locations: Florida, Washington, Ohio, Monterey , Calif, Manhattan, Alaska, Susan Collins of Maine, Mitch McConnell of Kentucky, Texas, North Dakota, Fort, Fort Walton Beach, Missouri, New York
"There is an anomaly in French football and in Parisian football, that it is probably the only big city in Europe with only one big football club. France's billionaire Arnault family, owners of luxury group LVMH and one of the richest dynasties on the planet, is preparing to secure majority ownership of minor soccer club Paris FC — but sees any sporting turnaround as a long-term aim. Antoine Arnault speaks to the media during the Paris FC press conference at Groupe ADP – Centre d’entrainement Paris FC on November 20, 2024 in Orly, France. Asked by CNBC whether he saw Paris FC as a potential challenger, Arnault said: "That would be very immodest of us, to even compare ourselves to Paris Saint-German. Arnault told CNBC that if his family wanted a "trophy asset," they would have looked elsewhere.
Persons: Arnault, CNBC's Charlotte Reed, Red Bull, Antoine Arnault, Bernard Arnault, Bull, Germain, We're, Jürgen Klopp, Ryan Reynolds, Rob McElhenney Organizations: Paris FC, Associated Press, CNBC, Leipzig, Austria's, Paris FC —, Groupe ADP –, d’entrainement Paris FC, Qatari, titans Paris Saint, French, Paris Saint, League, Champions League, Liverpool, Premier League, Welsh, Wrexham AFC —, Bull Locations: Europe, Paris, Austria's Salzburg, Orly, France, English, Leipzig, Salzberg
Reuters —The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military. The two have been married since 2005 and she was made vice president in 2017. Under the new reform, the co-presidents will have control over the legislature, judiciary and electoral, public administration, and oversight bodies as well as autonomous entities. Government critics have said the reforms legalize the “absolute power” already exercised for years by Ortega and Murillo. “If adopted, these changes will sound the death knell for fundamental freedoms and rule of law in Nicaragua,” he said in a statement.
Persons: Daniel Ortega, , Rosario Murillo, Ortega, , Murillo, Gustavo Porras, Human Rights Volker Turk Organizations: Reuters, Nicaraguan, Sandinista, Central American nation’s, Government, of American, UN, Human Rights Locations: United States, of American States, Nicaragua
AdvertisementUniversal released "Wicked" on the same day as Paramount's "Gladiator II." The coincidental release date has seen the movies dubbed "Glicked" — an echo of "Barbenheimer." They will have to make over $2 billion to compete with "Oppenheimer" plus "Barbie." There's a new "Barbenheimer" in town, as two other highly anticipated blockbusters, "Wicked" and "Gladiator 2," have premiered on the same day. Related Video A real-life Barbie Dreamhouse opens in MalibuThis created a cultural moment, dubbed "Barbenheimer," that breathed life into a struggling industry as cinemagoers approached the films as a double bill.
Persons: Oppenheimer, Barbie Dreamhouse, cinemagoers, Barbie, Paramount's, w8vhOkU6GY Organizations: Warner Bros, Universal, Teens Locations: Malibu
Their main demand then was a federal law, known as the Central Protection Act (CPA), to protect doctors and medical staff at their workplace. Several doctors work in the capital New Delhi, but they say things are much worse at remote health care centers. The survey had 1,566 responses from doctors, nurses and other medical staff across the country. Protests by medical staff in Kolkata earlier this year lasted for weeks following the rape and murder of a trainee doctor. The Supreme Court of India opened a case on the Kolkata trainee doctor’s rape and murder and formed a national task force to recommend measures to improve security at hospitals.
Persons: Balaji Jaganathan, , Abdul Hasan, , barged, Samir Jana, medic’s, Kar, Anwesha Banerjee, Hasan, , Banerjee Organizations: New, New Delhi CNN, Indian Medical Association, CNN, Central Protection Act, Hindustan Times, Health Ministry, Indian Ministry of Health, West, World Health Locations: New Delhi, India, Chennai, Tamil Nadu, Kolkata, Delhi, West Bengal
In the emerging AI software battle between Microsoft and Salesforce , investors do not need to pick a side. The announcements came roughly one year after the tech giant launched a suite of AI assistant tools called Microsoft 365 Copilot. Both companies leaning into AI agents is notable because Salesforce CEO Marc Benioff has not been hesitant to attack Microsoft's competing AI offerings. Salesforce stock is up 28% year to date versus Microsoft's roughly 9% gain since the start of 2024. I don't want to go against Microsoft," Jim said.
Persons: Jim Cramer, , Marc Benioff, Benioff, who's, Satya Nadella, Nadella, They're, We've, Salesforce, Slack, Agentforce, Jim, it's, Jim Cramer's, Salesforce's Dreamforce, Justin Sullivan Organizations: Microsoft, Deutsche Bank, Club, CNBC, Getty Locations: Agentforce, Salesforce's, Mulesoft, San Francisco , California
Xi outlined China's "red lines" for the US, including the country's rights to development. He told Washington not to cross "four red lines" — which analysts say is a clear message for the incoming Trump administration. Foreign Minister Wang Yi has warned about not crossing Beijing's "red lines" in the past. AdvertisementXi's language raised some eyebrows, with analysts calling it "harsh" and deeming China's foreign ministry readout "strikingly negative" in some sections. Related storiesXi named Taiwan President William LaiOf the four "red lines," Taiwan is the most sensitive issue between the two countries, as Xi has repeatedly said over the years.
Persons: Jinping, Biden, Xi, Xi Jinping, Joe Biden, Washington, Trump, Igor Khrestin, George W, Khrestin, it's, Wang Yi, Florida Sen, Marco Rubio —, Beijing —, Jersey Lee, William Lai, William Lai Ching, Democratic Progressive Party —, Lai Ching, Lai, Tsai Ming Organizations: Trump, APEC Economic, Bush Institute, Trump Administration, Business, Beijing, State, Lowy, Democratic Progressive Party, Taiwan's National Security Bureau Locations: Beijing, China, Lima , Peru, Taiwan, Florida, United States, US, Ukraine
London CNN —The coronation of King Charles III and Queen Camilla held in May last year cost British taxpayers £72 million ($91 million), an amount some have labeled excessive. The £72 million spent on the coronation could have paid for 24 million free meals for schoolchildren in London, based on the city government’s current budget of £3.00 ($3.75) per meal. Some additional spending came from the Privy Purse, the monarch’s private source of income, a royal source told CNN. “Plans (for the coronation) were scaled back,” the royal source told CNN. The culture department, in its accounts, said it had underspent its budget on the coronation by £2.8 million ($3.5 million).
Persons: King Charles III, Queen Camilla, Queen Elizabeth II, Finnbarr Webster, , Graham Smith, Sovereign Grant —, Sovereign Grant, , Elizabeth II’s, Max Foster Organizations: London CNN, Department for Culture, Media, Sport, Home Office, Volunteers, Republic, CNN, Sovereign, CNN’s Royal Locations: United Kingdom, Weymouth , England, British, London, Lancaster, London’s Westminster
Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, according to research from FedScout. Musk, who has frequently blamed the government for stifling innovation, could also push for less regulation of his businesses. Musk and Ramaswamy also championed the large-scale auditing of agencies, calling out the Pentagon for failing its seventh consecutive audit. To learn how else Elon Musk and his companies may benefit from having the ear of the president-elect watch the video.
Persons: Elon, Geoff Orazem, Vivek Ramaswamy, Trump, Ramaswamy, Elon Musk, Lora Kolodny Organizations: Company, SpaceX, Trump, Republican, Department of Government, Street, Congress, Pentagon, CNBC Locations: FedScout
AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"
Persons: Jaguar's, Rawdon Glover, Brad Audet, , Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia
One of the most iconic catches in NFL history — a play that would change Odell Beckham Jr.’s life — started with a misunderstanding and a poor route. Odell Beckham Jr. catches a one-handed touchdown and it is arguably one of the most iconic catches in NFL history. The two would spend hours outside their college dorm, throwing footballs to each other and practicing one-handed catches. When it did, Beckham told his teammate that the catch “changed his life.”Zay Flowers' locker is right next to Odell Beckham Jr.'s in the Ravens locker room. He has the one-handed catch against the Cowboys.
Persons: , Odell Beckham Jr, Eli Manning, ” Manning, it’s, that’s, Odell, , Jameel McClain, Beckham, ” Beckham, , It’s, Beckham’s, Brandon Carr, Manning, Garrett Wilson, GARRETT WILSON, “ There’s, Cris Collinsworth, Al Michaels, ” It’s, Jarvis Landry, “ That’s, Jarvis ’, Beckham didn’t, ” McClain, Ben McAdoo, Tom Coughlin wasn’t, Coughlin, ” McAdoo, “ Don’t, Carr wasn’t, Carr, ” Odell Beckham Jr, didn’t, Elsa, Getty, Collinsworth, Malcolm Butler, Michaels, ” Collinsworth, I’m, Odell Beckhams, “ I’ve, Aaron, Rodgers, Brett, Favre, gasps, “ We’ve, Geoff Schwartz, ” Said McClain, Zay Flowers, Flowers, ” Flowers, ike, J ames, rade Organizations: New York Giants, NFL, Giants, MetLife, NBC, Dallas Cowboys, NBC Sports, The Miami Dolphins, Los Angeles Rams, Cincinnati Bengals, Cowboys, New York Jets, LSU, Auburn, New, Atlanta Falcons, Sunday, New England Patriots, Athletic, Dallas, Baltimore Ravens, Ravens, ust, ard Locations: , New York, Manning, South Florida, Baltimore, ife
Jaguar new logo Courtesy: JaguarLuxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. In a release, Jaguar said the media showcased its "dramatic new creative philosophy," branded "Exuberant Modernism," which will "inspire future vehicles." Three new electric models are expected from the company in the coming years, including a four-door GT car expected to have a six-figure starting price. We wanted to move away from traditional automotive stereotypes," Jaguar managing director Rawdon Glover told the Financial Times in an interview published Friday. A parked car featuring the existing Jaguar logo pictured on Monday, January 25, 202.
Persons: Jaguar, Gary Jenkins, they've, Rawdon Glover, Glover Organizations: Tata Motors, Rover, Facebook, CNBC, Jaguar, Miami Art, Financial Times, Nurphoto, Getty
Caiaimage/Paul Bradbury | Caiaimage | Getty ImagesWhen is a dupe an appropriate gift? Alternatively, "if it seems appropriate in the situation — if it is a more light-hearted gift — you can definitely go the dupe route," she said. 'It's a dupe for a reason'While some shoppers take pride in buying dupes, roughly 86% of shoppers have been disappointed by their purchase of a dupe, CouponCabin found. Shopping secondhand this seasonConsumers should make the same value considerations when buying secondhand, which has also become more popular, even for gifting. The majority, or 83%, of shoppers are also open to receiving secondhand gifts this holiday season, the report found.
Persons: Paul Bradbury, Caiaimage, Ellyn Briggs, Melanie Lowe, Lowe, CouponCabin, Lauren Beitelspacher, it's, Beitelspacher Organizations: Morning, Babson College, Pew Research Center, Facebook Locations: dupes, U.S
“You can just tell by the nominees for cabinet positions and agency heads that this will be an administration of retribution,” Baron added. Trump’s impending return to power was a theme of the conversations at the Committee to Protect Journalists gala. Attendees discussed the need to report without fear or favor, to be open-minded but clear-eyed about what actions the Trump administration might take, and to avoid fearmongering but to consider a range of possibilities. Here are some of the specific concerns that have arisen among members of the media:In the second Trump term, legal threats and frivolous lawsuits could pile up, costing newsrooms money and time. The Trump administration could reinstate the Justice Department’s past practice of pursuing reporters’ records in leak investigations.
Persons: Joe Scarborough, Mika Brzezinski’s, Donald Trump, Brzezinski, Trump, Joe ”, Marty Baron, ” Baron, Jodie Ginsberg, they’re, newsrooms, Trump’s, Jessica Lessin, , it’s, ” Lessin, Jacob Weisberg, Matt Egan, ” Poynter, Kelly McBride, , leakers, nix, CNN’s Liam Reilly Organizations: New, New York CNN, MSNBC, Scarborough, Washington Post, , Protect Journalists, Committee, Newsroom, “ Journalists, Trump, Media, TV, Nonprofit, Social, Republicans Locations: New York, Mar
X's new terms of service, which took effect Nov. 15, are driving some users off Elon Musk's microblogging platform. The terms are prompting some longtime users of the service, both celebrities and everyday people, to post that they are taking their content to other platforms. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates X had 318 million monthly users as of October. That same month, Meta said Threads had nearly 275 million monthly users. Here are some of the noteworthy changes in X's new service terms and how they compare with those of rivals Bluesky and Threads.
Persons: Gabrielle Union, Donald Trump, Musk, Meta, Bluesky Organizations: Elon Musk's, Twitter, Bluesky's, CNBC Locations: Bluesky, Bluesky's U.S
Bluesky Is Turning Into a Strong X Alternative
  + stars: | 2024-11-22 | by ( Kevin Roose | ) www.nytimes.com   time to read: 1 min
After an hour or so of scrolling through Bluesky the other night, I felt something I haven’t felt on social media in a long time: free. Free from Elon Musk, and his tedious quest to turn X into a right-wing echo chamber where he and his friends are the permanent, inescapable main characters. Free from Threads and its suffocating algorithm, which suppresses news and real-time discussions in favor of bland engagement bait. Free from my own bad habit, honed through years of obsessive Twitter use, of packaging my thoughts for consumption by an audience of opinionated strangers.
Persons: Elon Musk Organizations: Elon
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. "If someone bought or if the Bluesky company went down, everything is open source." [PRO] Focus on Nvidia's BlackwellDespite Nvidia's revenue growth rising at a slower pace each subsequent quarter, analysts are still optimistic on the stock.
Persons: Donald Trump, Michael Novogratz, Trump's, Trump, Bluesky, Jay Graber, Nvidia's Blackwell, Blackwell, Colette Kress Organizations: CNBC, U.S . Department of Justice, Google, Chrome, JD Sports, Galaxy Digital, U.S . Federal Reserve, Elon, Nvidia Locations: British
Items like Ugg Tazz and the Oura ring regularly come up in mom Facebook groups. These are the brands and items that have become luxury indulgences. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As the mom of three kids and a parenting editor, I've seen the same products pop up on celebrity moms, in luxury Facebook groups, and even in doctors' offices.
Persons: , I've Organizations: Facebook, Service
The Trump trade showed its resilience this week
  + stars: | 2024-11-22 | by ( Brian Evans | ) www.cnbc.com   time to read: +3 min
Small-cap stocks were one of the biggest winners on Wall Street this week, serving as a prime example that the Trump trade is alive and well after a brief pause . Small caps were not the only components of the Trump trade that had strong gains this week. According to Tom Fitzpatrick, managing director at R.J. O'Brien & Associates, all signs point toward the Trump trade staying strong. Tesla, other stock components of the Trump trade Electric vehicle stock Tesla advanced nearly 10% this week. "I believe energy still has a lot to prove and the Trump trade didn't work out as well as investors thought it supposed to over his first term."
Persons: Trump, Russell, Donald Trump, Tom Fitzpatrick, Fitzpatrick, Bitcoin, Gary Gensler, Tesla, Elon Musk, Vivek Ramaswamy, Halliburton, Jay Woods, Woods Organizations: Nasdaq, Dow Jones, Investors, Trump, Tesla, Trump Media & Technology Group, Halliburton, U.S . Steel, O'Brien & Associates, CNBC, U.S, Securities and Exchange Commission, Freedom Capital Markets . Energy
CNN —Nearly six years after actor Jussie Smollett was accused of staging a hate-crime hoax in downtown Chicago and lying to police, an Illinois Supreme Court decision overturned his conviction on Thursday over prosecutorial issues, according to the Associated Press. Brothers Olabinjo Osundairo and Abimbola Osundairo arrive at court for a hearing for actor Jussie Smollett in Chicago on July 14, 2021. Kamil Krzaczynski/ReutersIn a statement thanking fans in 2019, Smollett said he had “been 100% factual and consistent on every level” in response to doubts about his story’s integrity. Smollett told Abimbola Osundairo he was disappointed in the “Empire” team’s reaction to the letter, according to prosecutors. I wouldn’t have had a trial,” Smollett told ET.
Persons: Jussie Smollett, Kim Foxx, , Nenye, Smollett’s, Joe, ” Uche, , he’s, , CNN’s Laura Coates, Foxx, Dan K, Webb, Smollett, Donald Trump –, Olabinjo, Abimbola Osundairo, Kamil Krzaczynski, Eddie Johnson, ” Johnson, Johnson, Brian CassellaPool, Holliday, ” Smollett, Tonight’s Nischelle Turner, , Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Christina Maxouris Organizations: CNN, Associated Press, AP, Fox, , Chicago, Smollett, Chicago Police Department, Authorities, Reuters, Chicago Police, Chicago police, Police, Chicago Tribune Locations: Chicago, Illinois, Cook, City, MAGA, Cook County
Dr. Martin Makary Chosen to Head the F.D.A.
  + stars: | 2024-11-22 | by ( Christina Jewett | ) www.nytimes.com   time to read: +1 min
President-elect Donald J. Trump announced on Friday that he would nominate Dr. Martin A. Makary, a Johns Hopkins University surgeon with a contrarian streak, to be commissioner of the Food and Drug Administration. In a post on social media, Mr. Trump said: “F.D.A. to the gold standard of scientific research and cut the bureaucratic red tape at the agency to make sure Americans get the medical cures and treatments they deserve,” Mr. Trump said in a statement. Mr. Trump announced two other top health picks on Friday evening as well. He chose Dr. Dave Weldon, a physician and former congressman from Florida, to lead the Centers for Disease Control and Prevention.
Persons: Donald J, Trump, Martin, , Makary, Robert F, Kennedy Jr, , Mr, Dave Weldon Organizations: Johns Hopkins University, Food and Drug Administration, for Disease Control Locations: Florida
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