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☆ U.S. ports strike will affect the 'entire economy': S&P Global Market Intelligence
▼ + stars: | 2024-10-01 | 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 EmailU.S. ports strike will affect the 'entire economy': S&P Global Market IntelligencePeter Tirschwell of S&P Global Market Intelligence, discusses the U.S. East Coast and Gulf ports strike and the impact it will have on supply chains.

Persons: P Global Market Intelligence Peter Tirschwell Organizations: U.S, P Global Market Intelligence, U.S . Locations: U.S . East Coast, Gulf

☆ US port workers strike starts across the East and Gulf Coasts
▼ + stars: | 2024-10-01 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

The strike, which was confirmed by the Port Authority of New York and New Jersey as well as the Port of Virginia, began at midnight. The strike will stop the flow of a wide variety of goods over the docks of almost all cargo ports from Maine to Texas. The ports involved include the Port of New York and New Jersey, the nation’s third-largest port by volume of cargo handled. Port Wilmington in Delaware describes itself as the nation’s leading banana port, bringing in a large share of America’s favorite fruit. President George W. Bush applied the act in 2002 to halt an 11-day lockout of union members at West Coast ports.

Persons: haven’t, USMX, ” Harold Daggett, containerization, John McCown, Biden, ”, Joe Biden, Taft, Hartley, George W, Bush, “, ” Biden, ” It’s, Daggett, “ It’s, Peter Tirschwell, ’ ” Organizations: New, New York CNN, International Longshoremen’s Association, Port Authority of New, United States Maritime Alliance, American Farm Bureau, Retailers, ILA, “, P Global Market Intelligence, CNN Locations: New York, Gulf Coast, Port Authority of New York, New Jersey, of Virginia, Maine, Texas, of New York, Port Wilmington, Delaware, West Coast, Taft

☆ A historic strike is underway at U.S. ports — and the impact on global supply chains could be huge
▼ + stars: | 2024-10-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Workers at ports stretching from Maine to Texas went on strike early Tuesday in a dispute over wages and automation. Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, US, on Tuesday, Oct. 1, 2024. You might say it is a perfect storm, but it is also a really good negotiating position for those people wanting a strike," Sand said. Cranes used for shipping containers rise from the Port of Newark on September 30, 2024 in New York City.

Persons: Spencer Platt, Lisa DeNight, Newmark, CNBC's, DeNight, Peter Sand, Sand, Maersk, Bradley Saunders, Joe Biden, Biden, Taft, Hartley Organizations: Getty, U.S, Workers, International Longshoremen's Association, ILA, United States Maritime Alliance, " Workers, APM, Port, Bloomberg, Maersk, North America Economist, Capital Economics Locations: Port, Newark, New York City, East, Gulf, Maine, Texas, U.S, Red, Panama, Baltimore, Gulf Coast, Europe, Asia, Newark , New Jersey, US, Danish, East Coast

In this article META Follow your favorite stocks CREATE FREE ACCOUNTA logo of US company's Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. It also accuses the company of retaliation after it allegedly sidelined Napoli and took him off big projects when he raised concerns that the person had been rehired. Before the layoffs, G.F. and Napoli occasionally saw each other in meetings but were no more than "work acquaintances," Napoli said. But just four months later, the company hired G.F. back to a contractor position after he apparently slipped through the cracks in the hiring process, the lawsuit says. Napoli learned his accused stalker was back at Meta when G.F.'s name popped up on Workplace, the company's internal messaging system.

Persons: Porte, Julien De Rosa, James Napoli, Napoli, Mark Zuckerberg, Carrie Goldberg, Peter Romer, Friedman, Meta, it's, Meta didn't, G.F, Luigi, he'd Organizations: Porte de, Afp, Getty, Meta, New York Supreme, Meta's New, CNBC, Facebook, Napoli Locations: Paris, New York, New, Napoli, Meta's, Meta's New York City

☆ China's stock surge has echoes of the 2015 bubble. What's different this time
▼ + stars: | 2024-10-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Costfoto | Nurphoto | Getty ImagesBEIJING — The rocket higher in Chinese stocks so far looks different from the market bubble in 2015, analysts said. Major mainland China stock indexes surged by more than 8% Monday, extending a winning streak on the back of stimulus hopes. Stock market leverage by percentage and value were far higher in 2015 than data for Monday showed, according to Wind Information. He added that there are market risks from how unprepared the stock trading system was for the surge of buying. Reports indicate brokerages have been overwhelmed with new requests, echoing how individuals piled into the stock market nearly a decade earlier.

Persons: Aaron Costello, We're, Xi Jinping, Zhu Ning, Stephen Roach, Yale Law School's Paul Tsai, Costello, Peter Alexander, it's, —, Alexander Organizations: Nurphoto, Getty, Cambridge Associates, U.S ., greenback, U.S, CSI, People's Bank of China, Nikkei, Yale Law, Yale Law School's Paul Tsai China Center, Ministry of Finance, Ben Advisors, Shanghai Stock Exchange Locations: Hangzhou, China, BEIJING, Shanghai, Shenzhen, Asia, MSCI, People's Republic of China, Beijing

☆ The Busiest Port on the East Coast Comes to a Stop
▼ + stars: | 2024-10-01 | by ( Peter S. Goodman | More About Peter S. Goodman | ) www.nytimes.com time to read: 1 min

Every workday, on his early-morning drive to his job overseeing a warehouse in northern New Jersey, Sean Murphy takes in the frenetic scene of the busiest port on the East Coast. Towering cranes lift shipping containers off vessels newly arrived at Newark from points around the globe. Mile-long freight trains pull cargo to and from the docks. Belching trucks clatter down the highway, hauling containers to distribution centers from Maine to Florida. Here was a visual encapsulation of the challenge confronting the global economy: cargo marooned, commerce frozen and no clarity on when normalcy will return.

Persons: Sean Murphy, dockworkers, Murphy Locations: New Jersey, East Coast, Newark, Maine, Florida, East Coasts

☆ Drama of U.S. port strikes is already being priced in, Xeneta chief analyst says
▼ + stars: | 2024-10-01 | 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 EmailDrama of U.S. port strikes is already being priced in, Xeneta chief analyst saysXeneta Chief Analyst Peter Sand says the drama of the U.S. port strikes is already being priced in, adding that the only real alternative to the closed ports is the longer, more expensive routing into the U.S. West Coast.

Persons: Peter Sand Organizations: U.S . Locations: U.S, U.S . West Coast

☆ Silicon Valley has a plan to save humanity: Just flip on the nuclear reactors
▼ + stars: | 2024-10-01 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

No, the tech that’s going to save humanity will be powered by the tech that very nearly destroyed it. The tech industry’s solution, for now, is nuclear energy, which is more stable than wind or solar and is virtually carbon-emission-free. Amazon is working on putting a data center campus right on the site of a Talen Energy nuclear power plant in Northeast Pennsylvania. And while AI doomer predictions often get brushed off as alarmist forecasts, you can’t as readily dismiss the folks who are concerned about nuclear energy. Bottom line: There’s no AI future without a serious uptick in our power supply, which makes the expansion of nuclear power practically unavoidable.

Persons: CNN Business ’, Sam Altman, Peter Thiel, Anna Erickson, ” Organizations: CNN Business, New York CNN, Nvidia, International Energy Agency, JPMorgan, Microsoft, Energy, Financial Times, Founders Fund, Georgia Tech, Big Locations: New York, Harrisburg , Pennsylvania, Northeast Pennsylvania, Idaho, Big Tech

Originally from Minnesota and a former longtime public school teacher, Gwen Walz has always played a big role in her husband’s political career. First lady of Minnesota Gwen Walz holds a campaign event in support of educators in Augusta, Ga., on Sept. 19. JD Vance took to social media to call out Tim Walz for making earlier references to using IVF. Usha Vance, too, has stepped out to defend JD Vance. Well before JD Vance became a senator and later the Republican vice presidential nominee, Usha Vance has been a longtime partner in his work.

Persons: JD Vance, Tim Walz, Usha Vance, Gwen Walz, Harris, Walz, “, ”, ” Usha Vance, Vance, Usha, Byron, Alec Hernández, —, United States ”, Tim Walz's, Hope, Gwen, Minnesota Gwen Walz, Peter Zay, Kamala Harris ’, Doug Emhoff, Trump Organizations: Trump, Republican National Convention, Byron Center, NBC, Fox News, Republican, NBC News, Democratic, United, Secret, laryngitis, Getty, Democratic National Convention, Glamour, Fox, GOP Locations: Minnesota, Milwaukee, Mich, Harbor Springs , Michigan, United States, Pittsburgh, Wisconsin , Michigan, Nevada, The Minnesota, Augusta , Ga, Anadolu, Bethesda , Maryland, Lansing , Michigan, Lansing

☆ 'Keynes is dead in China' and investors are being overly optimistic: Z-Ben Advisors
▼ + stars: | 2024-09-30 | 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 Email'Keynes is dead in China' and investors are being overly optimistic: Z-Ben AdvisorsPeter Alexander of Z-Ben Advisors says he is concerned that if and when fiscal stimulus in China is announced, it will not match the expectations of investors.

Persons: Keynes, Ben, Peter Alexander of Z Organizations: Ben Advisors Locations: China

☆ You don't need a QR code to get the facts checked at Tuesday's VP debate
▼ + stars: | 2024-09-30 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

You will have a choice: Go find that site the same way you find anything else on your phone — or use a QR code. The new, new thing, the Times stresses, will be that CBS will run a QR code onscreen during the debate. AdvertisementYou are reading this on a website, so I'm confident you know how QR codes work. You probably did end up using QR codes more frequently during the pandemic, where they became part of the "touchless" experience in some consumer settings, notably restaurants. But like other pandemic experiences, it looks like the QR code spike has faded post-Covid, now that people are happy to do stuff like hold menus in their hands.

Persons: —, Tim Walz, JD Vance, that's, Walz, Norah O'Donnell, Margaret Brennan Organizations: CBS, Service, New York Times, Times, Fox, ABC, NBC, CNN Locations: Asia

☆ Clock ticks down towards a port strike with little hope it will be avoided
▼ + stars: | 2024-09-30 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

The maritime alliance represents the major shipping lines, all of which are foreign owned, as well as terminal operators and port authorities. Depending on the length of the strike, there could be shortages of consumer and industrial goods, which could then lead to price hikes. What could be in short supplyThe ports involved include the Port of New York and New Jersey, the nation’s third-largest port by volume of cargo handled. Port Wilmington in Delaware describes itself as the nation’s leading banana port, bringing in a large share of America’s favorite fruit. The union has pledged to continue to handling military cargo even during a strike and said passenger ships won’t be affected.

Persons: “, ” Harold Daggett, containerization, John McCown, Biden, ”, Joe Biden, Taft, Hartley, George W, Bush, Julie Su, Peter Buttigieg, Lael Brainard, ” Biden, ” CNN’s Arlette Saenz Organizations: New, New York CNN, Gulf Coasts, International Longshoremen’s Association, ILA, United States Maritime Alliance, American Farm Bureau, “, Business, Labor, National Economic Council, CNN, Union, Labor Department Locations: New York, Gulf, Maine, Texas, of New York, New Jersey, Port Wilmington, Delaware, Port, Baltimore, West Coast, Taft

☆ Hurricane repairs could mean short-term benefits for home improvement stocks: Piper Sandler's Keith
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHurricane repairs could mean short-term benefits for home improvement stocks: Piper Sandler's KeithPeter Keith, Piper Sandler senior research analyst, joins 'Fast Money' to talk home improvement stocks climbing, mortgage rate impacts on refinancing, and more.

Persons: Piper Sandler's Keith Peter Keith, Piper Sandler

☆ Pete Rose, Major League Baseball’s all-time hit king, has died
▼ + stars: | 2024-09-30 | by ( Jason Hanna | Michelle Watson | ) edition.cnn.com time to read: +11 min

Rose was one of baseball’s greats – a winning-obsessed sparkplug who topped MLB’s all-time hit list with 4,256 over a 24-season career. It wasn’t until 2004 that Rose publicly admitted betting on baseball and the Reds, though he denied ever betting against his own team. Sometimes, on the weekend of baseball Hall of Fame inductions in Cooperstown, New York, he also would hold autograph sessions at a nearby bookstore. While Cooperstown didn’t admit him into its Hall of Fame, the Reds got him into theirs with the commissioner’s permission. That was the perfect way to capture Rose, said Johnny Bench, the Hall of Fame catcher.

Persons: Pete Rose, League Baseball’s, Rose, –, “ Charlie Hustle, ”, John Dowd’s, Bartlett Giamatti, he’d, ” “, Giamatti, Dowd, Rose didn’t, Murray Chass, Rob Manfred, ” Manfred, “, I’m, …, Peter Edward Rose, LaVerne, Harry Francis “ Pete ” Rose, ” Rose, Hank Aaron, Willie Mays, Koufax, Don, Drysdale, Marichal, Bob, Gibson, Charlie Hustle, Whitey Ford, Ray Fosse, Fosse, of Famers Joe Morgan, Johnny Bench, Tony Perez –, Ty Cobb’s, Pete Rose Jr, Pete Rose’s, Pete, Bench, Rose Jr Organizations: CNN, League, Cincinnati Reds, National Baseball Hall of Fame, Clark, Office, Medical, –, Reds, Philadelphia Phillies, National League, MLB, Baseball Hall of Fame, ESPN Radio, ESPN2, , New York Times, of Fame, Yankees, Cincinnati, Major, Defense, Major League, American League, of Famers, Phillies, Montreal Expos, Ty Cobb’s Major League, San Diego Padres, Cooperstown, The Reds Locations: Nevada, ,, Cincinnati, Las Vegas, Cooperstown , New York

☆ Business Insider investors of the month: September 2024
▼ + stars: | 2024-09-30 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

The S&P 500 is up about 1.5% in September. Below are our investors of the month for September. AdvertisementStocks had a tough first week of September, with the S&P 500 tumbling more than 4%, thanks partly to a mediocre August jobs report. As of Friday, the S&P 500 was up around 1.5% in September, bucking the month's historical downward trend. Below are our investors of the month for September, including managers of the top US-focused and international-focused funds, as well as the "Holy Shit" fund of the month, which is the best-performing overall fund.

Persons: —, Stocks, Dow Jones, Malcolm R, Fobes, Peter Hubbard, Benoit Autier, Jeff Klearman Organizations: Service, Federal Reserve, Google Finance, Investor, Focus, Nvidia, Broadcom Investor, Invesco, Dragon China Locations: Lipper, China

☆ Jamie Dimon says the 'Buffett Rule' approach to taxing the wealthy could solve America's debt problem
▼ + stars: | 2024-09-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

On PBS, Jamie Dimon described the Buffett Rule as a good idea for clamping down on US debt. AdvertisementJPMorgan CEO Jamie Dimon has put forth a solution to unrestrained US debt: Tax the rich at the same rate as middle-class people, or at a higher rate. It earned its name from the billionaire investor Warren Buffett, who famously criticized the fact that his secretary paid a higher tax rate than he did. If debt remains unchecked amid high interest rates, the government will face higher borrowing costs. AdvertisementOtherwise, higher borrowing costs mean Washington will have less to spend on social initiatives.

Persons: Jamie Dimon, Buffett, —, Dimon, Warren Buffett, Peter G Organizations: PBS, Service, Congressional, Peterson, Democrats, Republicans Locations: Washington

☆ This is the cost of carrying too much cash, according to Wells Fargo
▼ + stars: | 2024-09-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Americans' love affair with cash may be costing them in the long run, according to Wells Fargo. A record $6.42 trillion is sitting in money market funds, as of Wednesday, according to the Investment Company Institute . The seven-day annualized yield on the Crane 100 list of the 100 largest taxable money funds is currently 4.75%. During Fed rate decreases, direct money market investments, like Treasury bills, will absorb the cuts quicker than money market funds. "A long-term risk of relying on money market funds as a sizable allocation is the cash drag over our strategic time horizon," she said.

Persons: Peter Crane, Crane, Michelle Wan, Wan, Wells Fargo, Brian Rehling Organizations: Investment Company Institute, Federal Reserve, Crane Locations: Wells Fargo

Hezbollah leader Hassan Nasrallah gives a televised address, Lebanon, September 19, 2024, in this screenshot taken from a video. “I don’t see how this doesn’t go much wider soon,” said one senior Western official. Hezbollah will almost certainly respond, according to Jonathan Panikoff, a former senior intelligence official specializing in the region, and Iran is likely to play a role. A senior US official said the US believes Iran will intervene in the conflict if they judge that they are about to “lose” Hezbollah. US officials have long assessed that senior Hezbollah leadership has wanted to avoid all-out war with Israel, even as fighting has intensified in recent months.

Persons: Hassan Nasrallah, Joe Biden’s, “, ”, Jonathan Panikoff, ” Panikoff, Nasrallah, Mick Mulroy Organizations: Reuters, Western, US, Hezbollah, Israel, Middle, Defense Department Locations: Lebanon, Beirut, Iran, Tehran, Israel

☆ What might come next as Hezbollah reels from Nasrallah’s killing and Israel mulls the possibility of a Lebanon ground incursion?
▼ + stars: | 2024-09-29 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Israel has warned that a “new era” of war was beginning with its “center of gravity” moving north, in a reference to the Lebanon border. Israel has raised the possibility of a ground incursion into Lebanon, which, if undertaken, would be the fourth Israeli invasion of the country in the past 50 years. Men rest on mattresses near the sea in Beirut, Lebanon, after being displaced by Israeli airstrikes on September 28, 2024. The US sees the possibility of a limited ground incursion into Lebanon as Israel moves forces to its northern border, CNN reported earlier, citing a senior administration official and a US official. But the officials stressed that Israel does not appear to have made a decision on whether to carry out a ground incursion.

Persons: Israel, Hassan Nasrallah, Nasrallah, Carl Court, Benjamin Netanyahu, Joe Biden, Peter Lerner, Hezbollah –, –, ”, Hanin Ghaddar, “, Baz Ratner, Jonathan Panikoff, Aaron David Miller, CNN’s Abbas Al Lawati, Mostafa Salem, Irene Nasser, Alex Stambaugh, Dana Karni Organizations: CNN, US, Israel Defense Forces, Hezbollah, Washington Institute, Israeli, United Nations, Saturday, Security Council, US State Department Middle Locations: Iran, Lebanon, Beirut, Israel, Gaza, ”, Beirut’s, United States, France, Safed

☆ Killing of Nasrallah is a key prize for Israel, but it’s too early to write off Hezbollah
▼ + stars: | 2024-09-29 | by ( Peter Bergen | ) edition.cnn.com time to read: +6 min

In 2008, Israel killed Hezbollah’s military leader, Imad Mughniyeh, in Damascus, Syria, yet the group only gathered strength in the years that followed. Four years earlier, Israel killed a founder of Hamas, Sheikh Ahmed Yassin, in an airstrike. The US has its own history of killing terrorist leaders in the hope that it will cripple its foes. ISIS also carried out devastating terrorist attacks in the West, for instance, in Paris in 2015 that killed 130 people. The UN estimates there are about four hundred members of al Qaeda living in Afghanistan today.

Persons: CNN — , Hassan Nasrallah, Israel, don’t, Imad Mughniyeh, Sheikh Ahmed Yassin, masterminds, Mohammed Deif, Abu Musab al, Zarqawi, al, ”, Barack Obama, Mullah Akhtar Mohammad Mansour, Donald Trump, Qasem Soleimani, Soleimani, Trump, “ Soleimani, Osama bin Laden, bin Laden, Bin Laden’s, Laden, Ayman al, Zawahiri, didn’t, Nasrallah, it’s Organizations: CNN, US, ISIS, Islamic Revolutionary Guards Quds Force, Hamas, United, Taliban, Hezbollah, CIA, US Navy, UN, Israel Locations: Beirut, Israel, Damascus, Syria, Gaza, al Qaeda, Iraq, Qaeda, Portugal, Paris, Syrian Kurdish, Mosul, Pakistan, Afghanistan, Baghdad, Yemen, United States, Pakistan’s, New America, Abbottabad, Iran

☆ Elon Musk once described his past immigration status as a ‘gray area’
▼ + stars: | 2024-09-29 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +32 min

So we just rented the office, and slept in the office, and showered at the YMCA,” Elon Musk recalled, drawing laughs from the crowd. “When they did fund us,” Kimbal Musk recalled, “they realized that we were illegal immigrants.”“Well…” Elon Musk interjected. Video of the remarks shows Elon Musk laughing as he jumped in with a different interpretation: “I’d say it was a gray area.”He didn’t elaborate, and it’s unclear what Elon Musk meant by that characterization. Elon Musk, wearing a black Stetson hat, livestreams while visiting the US-Mexico border in Eagle Pass, Texas, on September 28, 2023. Then-President Donald Trump greets Elon Musk before a policy and strategy forum with executives at the White House in February 2017.

Persons: ” Elon Musk, “, Musk, ”, Donald Trump, Biden, It’s, —, Kimbal, ’ Elon Musk, he’s, X, He’s, Walter Isaacson’s, they’ve, Elon Musk, Jeff Skoll, Fred Prouser, ” Kimbal Musk, Elon, haven’t, Ashlee Vance’s, Greg Kouri, can’t, Maye, Charles Kuck, Kuck, Jennifer Minear, That’s, ” Kuck, Alain Jocard, Kimbal Musk, Tesla, Zip2, he’d, Kevin McCarthy, Alex Brandon, it’s, Hunter Swanson, Grace, Swanson, “ They’re, ” Swanson, ” Minear, Minear, Philip Pacheco, Ron Ozio, hadn’t, Vance, CNN there’s, Affairs Julie Greicius, Rajshree Agarwal, Ed Snider, ” Agarwal, Peter Thiel, Paul Sakuma, Agarwal, …, that’s, Elon Musk’s, who’s, hasn’t, Bayar, Zachary Mueller, ” Mueller, I’m, Don Lemon, Mueller, there’s, Stetson, Critics, John Moore, David Bier, ” Bier, Bier, Trump, he's, he'd, Brendan Smialowski, Joe Wilson, ” Wilson, Medina County Sheriff Randy Brown, Elon Musk's, We’re, Daniel Becerril, Reuters Elon Musk hasn’t Organizations: CNN, Twitter, University of Pennsylvania, Tesla Motors, SpaceX, Forbes, Stanford, Kimbal, Milken Institute Global Conference, Reuters, YMCA, Milken, YouTube, Los Angeles Times, US, Immigration Services, American Immigration Lawyers Association, Getty, Tesla, Kennedy Space Center, Center for International Education, Washington, Lee University, Elon, Center for, Learning, Penn, Minear, Materials, Engineering, ” Stanford, Communications, Affairs, American Immigration, Association, Ed Snider Center for Enterprise, University of Maryland, PayPal, eBay, Compaq, University of Washington, America’s, Democratic, Trump, CATO Institute, White, Medina County Sheriff, Fox, Fox News, Polaris Locations: Mexico, United States, Eagle Pass , Texas, Pretoria, South Africa, Canada, Canadian, Palo Alto , California, Beverly Hills , California, Angeles County, U.S, Atlanta, AFP, America, Zip2, California, Cape Canaveral , Florida, Virginia, Washington, Arizona, South Carolina, Medina County, Eagle, , Texas, Rio Grande

☆ Austria election results: Freedom Party secures first far-right win since World War II
▼ + stars: | 2024-09-29 | by ( Story Associated Press | ) edition.cnn.com time to read: +6 min

Preliminary official results showed the Freedom Party finishing first with 29.2% of the vote and Chancellor Karl Nehammer’s Austrian People’s Party was second with 26.5%. Dutch far-right leader Geert Wilders, whose party dominates the Netherlands’ new government, congratulated the Freedom Party on social network X Sunday. Herbert Kickl, leader of the Freedom Party of Austria poses with supporters, in Vienna, Austria, Sunday, Sept. 29, 2024, after polls closed in the country's national election. The People’s Party is the far right’s only way into government, and now holds the key to forming any administration. But that looks very unlikely with the Freedom Party in first place.

Persons: Chancellor Karl Nehammer’s, Greens –, Herbert Kickl, “, Kickl, ” Kickl, ” Nehammer, ”, Geert Wilders, Alice Weidel, Heinz, Peter Bader, Christian Strache, Andreas Babler, Nehammer, Storm Boris Organizations: Freedom Party, Sunday, Chancellor Karl Nehammer’s Austrian People’s Party, Social Democrats, Greens, Rivals, Party, Russia, Sky Shield, European Union, Germany, Freedom Party of Austria, People’s, People’s Party, Nazi Locations: Austria, Ukraine, “, Germany, Brussels, Netherlands, Vienna, Russian, Europe

In a statement, the company said it was no longer operating, extended its condolences to relatives of the victims, and noted it has cooperated with the Coast Guard and National Transportation Safety Board investigations. Neubauer said the testimony gave important insight into the potential motivation in Rush and his company. Peter Girguis, a Harvard University professor and oceanographer who monitored the hearing, told CNN evidence of Rush’s ego-driven approach and heedlessness to repeated safety concerns appears to loom large in the disaster. Specifically, the letter alleged the language on OceanGate’s website was “confusing and misleading” and implied the Titan was “classed,” meaning certified to industry standards. The letter took issue with OceanGate’s decision not to try to get the Titan classified.

Persons: Jason Neubauer, ”, OceanGate, Stockton, Rush, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, Neubauer, …, Peter Girguis, “ Stockton, ” Girguis, ” Neubauer, Karl Stanley, Stanley, ” Stanley, “, ” Donald Kramer, Stockton Rush, He’s, Amber Bay, Phil Brooks, OceanGate’s, Brooks, couldn’t, –, William Kohnen, Kohnen, ” Kohnen, ” Rush, CNN’s Dakin Andone, Eric Levenson Organizations: CNN, Coast Guard, Titan, Marine Board, Stockton Rush, Authorities, Atlantic, Marine Board of Investigation, National Transportation Safety, Harvard University, “ Stockton Rush, US Justice Department, National Transportation Safety Board, Justice Department, Stockton, Marine Technology Society, OceanGate Locations: Everett, Washington, English, Honduras, Stockton, Amber, paychecks, OceanGate, ‘, “ Stockton, North Charleston , South Carolina

☆ Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
▼ + stars: | 2024-09-29 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street analysts' recommendations and in-depth analysis can help investors choose dividend stocks that can enhance total returns with passive income and stock price appreciation. Northern Oil and GasThis week's first dividend stock is Northern Oil and Gas (NOG), a non-operated, upstream energy asset owner. Recently, Mizuho analyst William Janela initiated a buy rating on NOG stock with a price target of $47. With a quarterly dividend of $1.40 per share (annualized dividend of $5.60), DRI stock offers a dividend yield of 3.3%. He added that the company's price reduction across nearly 5,000 items over the summer fueled higher unit and dollar sales.

Persons: Wall, NOG, William Janela, Janela, TipRanks, Darden, Peter Saleh, Uber, Saleh, Jim Lee, Jefferies, Corey Tarlowe, Tarlowe, Lee Organizations: Federal Reserve, Wall Street, Northern Oil, Mizuho, Darden, Uber, Olive Garden, Target, PepsiCo Locations: U.S, Olive

☆ 'The Wild Robot' director reveals he had 2 different endings for the movie
▼ + stars: | 2024-09-29 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

"I didn't want to finish the story with a presumption that we would make more 'The Wild Robot' movies. Warning: Spoilers ahead for "The Wild Robot" book and movie. 'The Wild Robot' movie's ending is more cinematic than the book's"The Wild Robot." DreamWorks AnimationBrown has written two other books in the series, "The Wild Robot Escapes" and "The Wild Robot Protects." When asked if he'd begun work on a sequel to "The Wild Robot," Sanders answered slyly, "Maybe we are."

Persons: Chris Sanders, Peter Brown's, Sanders, —, Peter Brown, Roz, Lupita Nyong'o, gosling, Stephanie Hsu, Kit Connor, Brightbill, she's, Brown, he'd, slyly, She's Organizations: DreamWorks, Service, DreamWorks Animation Locations: Brightbill

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