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☆ 39-year-old mom earns $200,000 a year without a degree—here's how
▼ + stars: | 2024-06-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

It was a flier for an in-person real estate course. She signed up for classes that afternoon and on Dec. 31, 2009, received her Georgia real estate license in the mail. After deducting business expenses and taxes, Parker earned $200,000 last year from her work as a real estate broker. She didn't start attending real estate classes until Nathan turned 4 and her children were in school full-time. In 2010, her first year working as a real estate agent, Parker made about $50,000 — but by 2014, she doubled her income to $100,000.

Persons: Justine Parker, Parker, Stephen, Brandon, Nathan, bartending —, didn't, I'd, I've, —, Barry Britt Organizations: CNBC, University of Georgia, Craigslist Locations: AskMakeIt@cnbc.com, Georgia, Orange Beach , Alabama, Atlanta

☆ The Big Number: $5 Billion
▼ + stars: | 2024-06-28 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

Volkswagen, the German car company, said this week that it would invest up to $5 billion in Rivian, the American electric vehicle manufacturer that makes electric pickup trucks, sport utility vehicles and delivery vans. The deal will help Rivian, which has never turned a quarterly profit, make more electric vehicles and help convince investors of its stability. Rivian, which was founded in 2009 as Mainstream Motors, had billions in investments by 2021, including from Amazon, BlackRock and Ford. But as the case with many new electric vehicle companies, Rivian has also experienced hiccups in trying to ramp up to production, made harder by supply chain issues during the pandemic. In March, Rivian said it would pause construction of a $5 billion factory in Georgia to save money.

Persons: Rivian Organizations: Volkswagen, Motors, Amazon, BlackRock, Ford Locations: Rivian, Georgia, Normal

☆ A Nobel Prize-winning economist breaks down exactly how Trump's proposed policies could make inflation worse
▼ + stars: | 2024-06-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewNobel Prize-winning economist Joseph Stiglitz told Business Insider the US economy is "remarkably strong." "I think general consensus, not just my view, but almost anybody modeling what is going on would say the Trump administration would be more inflationary," Stiglitz told BI. AdvertisementStiglitz noted Trump's promise of large increases in tariffs as one of the things that could make inflation worse. AdvertisementA third factor that could juice inflation would be the "drastic reductions in immigration" that Trump has proposed, Stiglitz said. Outside of the risks to inflation, Stiglitz said a Trump presidency could also mean a slowing GDP.

Persons: —, Joseph Stiglitz, Stiglitz, Trump, Axios, Joe Biden, Trump's, Karoline Leavitt Organizations: Service, Democratic, Republican, Business, Trump, U.S, Republicans, CNN Locations: U.S

☆ Supreme Court overturns 1984 Chevron precedent, curbing power of federal government
▼ + stars: | 2024-06-28 | by ( John Fritze | ) edition.cnn.com time to read: +4 min

CNN —The Supreme Court on Friday significantly weakened the power of federal agencies to approve regulations in a major decision that could have sweeping implications for the environment, public health and the workplace. But the decision will net a far wider swath of federal regulations affecting many facets of American life. The decision overturns the Chevron v. Natural Resources Defense Council precedent that required courts to give deference to federal agencies when creating regulations based on an ambiguous law. The justices have been incrementally diminishing federal power for years, but the new case gave the court an opportunity to take a much broader stride. The Supreme Court had been trending in that direction for years, knocking back attempts by federal agencies in other contexts to approve regulations on their own.

Persons: Chevron, John Roberts, ”, Neil Gorsuch, Elana Kagan, ” Kagan, Biden, Trump Organizations: CNN, Commerce Department, Chevron, Natural Resources Defense, Environmental Protection Agency, Conservatives Locations: Chevron, Washington

☆ My parents struggled in blue-collar jobs. Paying off their mortgage and retiring them is my proudest achievement.
▼ + stars: | 2024-06-27 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Simmy Dhillon, from London, about financially supporting his parents. They stayed in their blue-collar jobs for so long because they couldn't afford to take risks. It's been my proudest achievement, and I don't think anything can top it. AdvertisementIn June, we paid a lump sum of around £51,000 using dividends from the business to pay off my parents' mortgage. If I had a salaried job, even if it paid well, I don't think I'd be able to support my family in the same way.

Persons: —, Simmy Dhillon, Jhai, Rice, It's, we've, We're, I've, couldn't, they've, haven't Organizations: Service, Business, Tesco Locations: London, India

CNN —The confrontation in Atlanta between Joe Biden and Donald Trump Thursday night has a good chance of becoming the most fateful presidential debate in US history. The momentous nature of this debate can only be fully understood against the backdrop of the unprecedented politics of the times. But the tension surrounding this year’s first debate in June, rather than in September or October as usual, is palpable. “The closer the election, the greater the chance that a debate could influence it,” said Aaron Kall, director of debate at the University of Michigan, who has conducted an in-depth study of every presidential debate. Biden has raised the stakes for himself heading into the debate higher than those any modern president faced.

Persons: Joe Biden, Donald Trump, it’s Biden’s, he’s, Sen, John F, Kennedy, Richard Nixon, John Kerry, George W, Bush, Mitt Romney, Barack Obama, Douglas Brinkley, CNN’s Wolf Blitzer, Biden, Trump, —, Al Gore’s, George H.W, ”, Aaron Kall, David, Ohio Sen, J.D, Florida Sen, Marco Rubio, He’s, David Biden’s, Ron Klain, ” Biden, Hunter, Bob Bauer, Dana Bash, Jake Tapper, It’s, they’ve, assail Biden, ” Trump, it’s, Terry Szuplat, ” Szuplat, CNN’s Kasie Hunt Organizations: CNN, Massachusetts Gov, University of Michigan, Biden, Ohio, White House, Trump, GOP, Truth Locations: Atlanta, America, New York, Vance, Florida, Maryland

☆ Video: Trump responds to question about promise to ‘go after’ political opponents
▼ + stars: | 2024-06-27 | by ( Ally Hill | ) edition.cnn.com time to read: 1 min

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CNN —President Joe Biden and his predecessor, Donald Trump, are set to make history on CNN Thursday night as they meet for their first 2024 debate. Thursday’s debate will be the earliest in the election cycle that a presidential debate featuring the major parties’ nominees has taken place in modern history. That’s why Trump’s advisers and allies have urged the former president to focus on issues like the economy, crime and inflation as he debates Biden. The Biden campaign knows all this, of course, so it will be interesting – and instructive – to hear his message and analyze where it’s being targeted. The Trump campaign distanced itself, in part, from the plan, noting that the advisers who wrote it are not on the payroll.

Persons: Joe Biden, Donald Trump, It’ll, Biden —, —, Trump, Hunter, Jake Tapper, Dana, insurrectionists, Biden, parry, Wade, Roe, ”, CNN’s Erin Burnett, won’t Biden, ” Biden, “, Lincoln, Benjamin Netanyahu, Vladimir Putin, Putin, ” He’s Organizations: CNN, United States, Trump, Capitol, GOP, Biden, NATO, Reuters, Kyiv, Republicans, UFC Locations: New York, Georgia’s, Atlanta, Washington , Florida, Georgia, Russia, Israel, Gaza, Ukraine, Moscow, Kyiv, Western Europe, United States

☆ Where Biden and Trump stand on major issues like the economy, Ukraine, and immigration
▼ + stars: | 2024-06-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

In his three and a half years already in office, Biden has done pretty well on the core metrics of a healthy economy. Biden vs Trump on immigrationBiden and Trump are sharply divided on immigration, as are Americans. Advertisement"Peace looks like making sure Russia never, never, never, never occupies Ukraine," Biden told TIME in a May interview. Biden vs Trump on Israel-GazaBiden has consistently defended Israel since the country invaded Gaza last year following Hamas' October 7 attack. Biden vs Trump on housingWhile in office, Biden has pushed a number of policy changes on housing, including the " Housing Supply Action" plan.

Persons: Joe Biden, Donald Trump, Biden, Trump, he's, He's, Roe, Wade, Vladimir Putin, Read, Gaza Biden, Israel, hasn't Organizations: Service, ABC, Business, Biden, Trump, Dow, Keystone XL, Immigration, Republicans, Union, Department of Housing, Urban Locations: Ukraine, Gaza, Unemployment, Paris, Mexico, Florida, Russia, Israel

☆ Zaccharie Risacher: Who is the No. 1 overall pick in the 2024 NBA Draft?
▼ + stars: | 2024-06-27 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

Risacher was selected by the Atlanta Hawks with the first overall pick in the 2024 NBA Draft on Wednesday, making history in the process. The selection of the 19-year-old small forward means that for the first time in modern NBA Draft history, the No. His father, Stéphane, was part of the French team which won the silver medal in the men’s basketball competition at the 2000 Olympics Games in Sydney. 1 overall pick was but a dream for Atlanta by the end of last season as the team only had a 3% chance of landing the top pick in the lottery. He’s a versatile defender, a really good shooter and a high-IQ type player,” Hawks general manager Landry Fields said about the Risacher pick.

Persons: Victor Wembanyama, Risacher, Stéphane, Wembanyama, ” C’est, Bo u, ince, Johns, y McKie, sid e, Kell, ike, ady to do Organizations: CNN, Atlanta Hawks, ASVEL, Atlanta, Wembanyama, San Antonio Spurs Locations: Spain, France, Georgia, Málaga, Lyon, Sydney

☆ Sweden's central bank chief says 2 to 3 more rate cuts this year is a 'forecast not a promise'
▼ + stars: | 2024-06-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

"Two or three cuts is a forecast, it's not a promise, and we will adapt monetary policy according to incoming information," Thedéen told CNBC's Arabile Gumede. "Our inflation forecast is pointing to a good inflation outlook, we're still already now very close to our target and our forecast has pointed to 2% inflation in the coming months and years," Thedéen said. In order to deliver more rate cuts, "we don't need to have a super positive surprise, we need to have data coming in in-line overall. So I think that would be the main message," Thedéen told CNBC. Headline inflation in Sweden was 3.7% in May, slightly higher than the 3.5% forecast in a Reuters poll of economists.

Persons: Sweden's Riksbank, Erik Thedéen, Thedéen, CNBC's Arabile, we're Organizations: CNBC Locations: Norway, Swedish, Sweden

☆ Analysis, fits for all 58 NBA Draft picks from John Hollinger and Sam Vecenie
▼ + stars: | 2024-06-26 | by ( John Hollinger | Sam Vecenie | ) www.nytimes.com time to read: +109 min

He’s going to be a killer rebounder, monster screener and will consistently establish his position even against some of the stronger NBA players. I’m done doubting Edey, even as an NBA player. As an enormous ballhandler with serious touch and incredible vision as a passer, Topić is clearly an NBA player, even if it doesn’t all translate. Shannon is an elite athlete, but the NBA game requires more nuance, especially if he continues to be an inconsistent shooter. However, I also think he’s more than just a floor spacer on offense in spot-up situations and potentially as an off-ball scorer.

Persons: Read Sam Vecenie’s, Sam Vecenie, John Hollinger, Zaccharie Risacher, Zaccharie, Risacher, he’s, he’d, —, Saddiq Bey, De’Andre Hunter, Jalen Johnson, Dejounte Murray, Alexandre Sarr, Chet Holmgren, Victor Wembanyama, Myles Turner, Wembanyama, Holmgren, Nic Claxton, Kyle Kuzma, Flagg, Reed Sheppard, Sheppard, Sheppard isn’t, he’ll, Lonzo, Tyrese Haliburton, savants, Houston couldn’t, He’s, Donovan Clingan, Ron Holland, Holland, haven’t, don’t, Aaron Gordon, Cade Cunningham, Trajan Langdon, Tidjane, it’s, Mark Williams, Miles Bridges, Jarrett Allen, Deandre Ayton, Clingan, Ayton, Robert Dillingham, Dillingham, Tyrese Maxey —, Maxey, Trae Young, Ja Morant, Morant, Young, Dennis Schröder, Mike Conley, Zach Edey, Edey, I’m, Joel Embiid, Zach Kleiman, It’s, Devin Carter, Matas, Cody Williams, Williams, isn’t, We’re, Buzelis, Patrick Williams, Nikola Topić, Nikola Djurišić, Topić, “ Vasa, Shai Gilgeous, Alexander, Carter, Carlton “ Bub ” Carrington, Bub Carrington, Carrington, White, Will, Kel’el Ware, Ware, doesn’t, Wood, There’s, Thomas Bryant, Orlando Robinson, Bam Adebayo, Philadelphia 76ers Jared McCain, Duke Vecenie’s, Jared McCain, McCain isn’t, Seth Curry, McCain, Dalton Knecht, He’ll, Knecht, Will Hardy, Erik Spoelstra, Tristan da Silva, Tristan da Silva’s, da Silva, Jett Howard, Da Silva, Johnny Furphy, Ja’Kobe Walter, Walter, Gary Trent Jr, Bruce Brown, Isaiah Collier, Scottie Barnes, RJ Barrett, Jaylon Tyson, Tyson, Yves Missi, Yves Missi’s, Clint Capela, Zion Williamson, Missi, Jonas Valančiūnas, Larry Nance Jr, DaRon Holmes, Holmes, Jaylin Williams, Zeke Nnaji, A.J, Johnson, Jackson, Giannis, Kyshawn George, Kyle Anderson, George, Washington, George ., Dadiet, evaluators, Tobias Harris, Harris, Dillon Jones, Jones, Cason Wallace, Lu Dort, Alex Caruso, Nikola, rebounder, Minnesota Timberwolves Terrence Shannon Jr, Terrence Shannon, Shannon, Bart Torvik’s, Buddy Hield, Jimmer Fredette, Chris Duarte, Ochai Agbaji, Matisse, Marshon Brooks, Quincy Pondexter, Lazar Hayward, Davon Reed, Carrick Felix, Orlando Johnson, Hield, Phoenix Suns Ryan Dunn, Ryan Dunn, I’ve, Herb Jones —, Dunn, Derrick Jones Jr, Herb Jones ’, Hollinger, Joanna Gaines, Utah Jazz Isaiah Collier, Collier, Kris Dunn, Baylor, Creighton Vecenie’s, Baylor Scheierman, closeouts, didn’t, Toronto Raptors Jonathan Mogbo, Francisco Vecenie’s, Jonathan Mogbo, Utah Jazz Kyle Filipowski, Kyle Filipowski, Kristaps, Nikola Jokić, Brook Lopez, Duke, Milwaukee Bucks Tyler Smith, Tyler Smith, Smith, let’s, AJ Johnson, Christian Wood, Bobby Portis, Tyler Kolek, Jalen Brunson, Antonio didn’t, Juan Núñez, Juan Núñez’s, Monte Morris, — Morris, McConnell, Sergio Rodriguez, Rodriguez, Núñez, Klintman, Ajay Mitchell, UC Santa Barbara Vecenie’s, Mitchell, Wells, wasn’t, Oso, Ighodaro, Nikola Vučević, Philadelphia 76ers Adem Bona, Adem Bona, Bona, Paul Reed’s, Charlotte Hornets K.J, Simpson, Simpson isn’t, AJ Griffin, Djurišić, Pelle Larsson, Pelle Larsson’s, Larsson, Duncan Robinson, Jamal Shead, Eric Bledsoe, Patrick Beverley, Shead, I’d, Kyle Lowry, Cam Christie, Christie, Nickeil Alexander, Walker, Max, Antonio Reeves, Reeves, He’d, Nate Duncan, hadn’t, That’s, Jordan Hawkins, San Antonio Spurs Harrison Ingram, Harrison Ingram, Ingram, Newton, Tristen Newton, . Indiana Pacers Enrique Freeman, Enrique Freeman, Paul, Millsap, Freeman, Melvin Ajinça, Quentin Vecenie’s, Ajinça, Trent, Cam Spencer, Spencer doesn’t, Spencer, Luke Kennard’s, Boston Celtics Anton Watson, Gonzaga Vecenie’s, Anton Watson, He’s switchable, Watson, James, Bronny James, that’s, Still, LeBron James, Kevin McCullar Jr, Kevin McCullar, Ulrich Chomche, Ariel Hukporti, Tristan Vukčević, Khalifa Diop, Karlo Matković, Marko Simonovic, Luke Hales Organizations: Hawks, Atlanta, Perth Wildcats, Defense, NBA, Wizards, Kentucky, Wildcats, UCLA, Tyrese, Iowa State, Stephon, Spurs, Ignite, League, Pistons, Deandre, Minnesota Timberwolves, 76ers, Dillingham, Purdue, IMG, intel, Grizzlies, Edey, Memphis, Colorado, Sunrise, Lithuanian GM, Bulls, Crvena Zvezda Vecenie’s, Mega, Red Star, doesn’t, Oklahoma City, Providence Vecenie’s, Sacramento, Kings, Washington Wizards, Blazers, Carlton, Pittsburgh, Indiana, Philadelphia 76ers, Duke, McCain, Philadelphia, Sixers, Tennessee, Lakers, NCAA Tournament, Baylor, Houston, Denver Nuggets, Suns, Dayton Vecenie’s, Nuggets, Denver, Ilawarra Hawks, Jackson, Bucks, Miami, New York Knicks, Ratiopharm Ulm, Knicks, Oklahoma City Thunder, Weber State, Golden State Warriors, Illinois, Wolves, Phoenix Suns, Virginia Vecenie’s, Alabama, Mavericks, Dallas, Utah Jazz, USC, Trojans, Jazz, Baylor Scheierman, Celtics, Hoop, Toronto Raptors, Francisco, Raptors, Brook, Utah, Milwaukee Bucks, Marquette, Mikal Bridges, . Indiana Pacers, SAS, Kansas, San Antonio Spurs, today’s NBA, Ratiopharm, Detroit Pistons, Cairns, UC Santa Barbara, Belgian, Thunder, Memphis Grizzlies, Washington, Washington State, Charlotte Hornets, Atlanta Hawks, G League, Rockets, Miami Heat, Arizona, SAC, Summer League, Minnesota, Pelicans, Clippers, New Orleans Pelicans, North Carolina Vecenie’s, Stanford, Ingram, Pacers, UConn, Akron Vecenie’s, Louisiana Tech, MAC, Dallas Mavericks, Saint, Boston College Vecenie’s, Boston College, Boston Celtics, Gonzaga, Los Angeles Lakers, G, NBA Academy Africa, NBA Academy, Melbourne United Locations: Zaccharie, Indiana, Washington, Kentucky, Iowa, Haliburton, Sheppard, Connecticut, San Antonio, Detroit, Portland, Dillingham, Minnesota, Memphis, Colorado, Lithuanian, Chicago, Oregon, Miami, Philadelphia, Tennessee, Utah, California, Atlanta, Orleans, Oklahoma, Dayton, Denver, Fla, Swiss, Dadiet, New York, Shannon, Kansas, Alabama, Virginia, Collier, Boston, Oklahoma City, Milwaukee, Marquette, He’s, Europe, Spain, Spanish, Ratiopharm Ulm, Núñez, NY, OKC, Arizona, Philly, Charlotte, ORL, North, Newton, Akron, Ajinça, Africa, DAL, Cleveland

☆ ‘The Last Safe Abortion:’ Photos show a rarely seen side of abortion care work
▼ + stars: | 2024-06-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

Santoro’s death was one of many — all too many — which activists and healthcare workers sought to avoid by legalizing abortions and abortion care in the United States. Carmen Winant’s new photobook, “The Last Safe Abortion,” also seeks to memorialize the labor, advocacy and community-building of abortion care providers and women’s health care workers in the near-50-year period that the right to an abortion was legally protected across the US. “The Last Safe Abortion,” seeks to memorialize the labor, advocacy and community-building of abortion care providers and women’s health care workers in the near-50-year period that the right to an abortion was legally protected across the US. Carmen Winant/SPBH EditionsThough particularly salient at this time, Winant’s book isn’t a direct response to the Roe repeal, she told CNN. Notably, none show strife or confrontations with protestors, in contrast to the visual narratives that often surround abortion care.

Persons: Gerri Santoro, Santoro’s, Court’s Roe, Wade, Carmen Winant’s, ”, Carmen Winant, Roe, “, ” Winant, Winant, Emma Goldman, —, Harriet, ‘ Organizations: CNN, Magazine, Ohio State University, Modern, Emma Goldman Clinic, Chicago History Museum, Medical, Midwest, Clinic, Iowa, University of Iowa Locations: Norwich , Connecticut, United States, Chicago, Ohio

In this audio essay, the sociologist Matthew Desmond interviews a resident of the Water Street Mission shelter in Lancaster, Pa., about what makes it so unique. “Here’s a place that is treating people in their full humanity,” Mr. Desmond says. “It’s looking past their hardships, past their addictions, past their homelessness to see people’s promise, to see people’s beauty. And wouldn’t it be amazing if that was the norm instead of the exception.”Below is a lightly edited transcript of the interview. To listen to this piece, select the play button below.

Persons: Matthew Desmond, ” Mr, Desmond, “ Locations: Lancaster, Pa

☆ For many Muslim pilgrims, a dangerous unauthorized Hajj is the only option
▼ + stars: | 2024-06-25 | by ( Magdy Samaan | Clamping Down On Unauthorized Pilgrimage | ) edition.cnn.com time to read: +11 min

He was among the more than 1,300 pilgrims who died during this year’s Hajj as temperatures in Saudi Arabia reached record levels. The tragedy, resulting in one of the highest Hajj death tolls in years, has brought attention to the shadowy industry of unauthorized pilgrimage agents. It is unclear how many unauthorized pilgrims made it to this year’s Hajj, but Saudi news outlet Al Sharq Al Awsat reported Tuesday that 141,000 such pilgrims received free medical treatment during the Hajj season. Clamping down on unauthorized pilgrimageBefore this year’s Hajj season started, Saudi authorities warned pilgrims against using agents selling unauthorized Hajj packages and had been in contact with other governments in an effort to crack down on the trend. Authorities had also arrested some illegal agents and issued warnings about penalties for those found to assist unauthorized pilgrims.

Persons: Cairo CNN —, Mahmoud, Salem, “, Abdelzaher Abdo Salem, Om Waleed, Abdelzaher, Mount Arafat, Salem’s, ” Mahmoud, –, Atef, ”, ” Aglan, Aglan, Al Sharq Al Awsat, Hania Hassan Salama, Salama, Mustafa Mohammed, Ahmad, General Muhammad bin Abdullah Al, Rafiq Maqbool Organizations: Cairo CNN, Al, Ma’aisam, Saudi, Egyptian Travel Agents Association, CNN, Hajj, Authorities, Public Security, Hajj Security Locations: Cairo, Abdo Salem, Mecca, Egypt, Saudi Arabia, Salem, Abdelzaher, Mount, Mina, “, AFP, Saudi, Medina , Saudi Arabia

☆ How Venezuela’s Leader Could Stay in Power, No Matter What Voters Want
▼ + stars: | 2024-06-25 | by ( Julie Turkewitz | Anatoly Kurmanaev | ) www.nytimes.com time to read: 1 min

Venezuela’s authoritarian president, Nicolás Maduro, faces a watershed moment that will determine the fate of his rule and the course of his troubled country. On July 28, the leader of the nation that holds the world’s largest oil reserves — and yet has seen millions of residents flee amid a crushing economic crisis — will confront his toughest electoral challenge since taking office in 2013. Polls show that his main opponent, a low-key former diplomat named Edmundo González, is far ahead. Mr. González is backed by a fiery opposition leader, María Corina Machado, who has captivated voters as she crisscrosses the country, campaigning for him on a promise to re-establish democracy and reunite families separated by migration.

Persons: Nicolás, Edmundo González, González, María Corina Machado

Goldman Sachs initiated coverage of Disney with a buy rating and a price target that implies more than 20% upside. Elsewhere, Piper Sandler raised its price target on Uber, calling for nearly 25% upside. Analyst Jonna Kim simultaneously raised her price target to $30 from $28, citing a likelihood in earnings upside. As a catalyst, Kim cited "potential upside to FY24 Street estimates given solid topline momentum combined with margin expansion on continued inventory & expense management." — Lisa Kailai Han 5:41 a.m.: Goldman Sachs initiates Disney with a buy rating Disney has room for upside growth ahead, according to Goldman Sachs.

Persons: Goldman Sachs, Raymond James, Piper Sandler, TD Cowen, Jonna Kim, Kim, Lisa Kailai Han, Jeff Chung, Chung, — Lisa Kailai Han, Ranjan Sharma, Sharma, Uber, Thomas Champion's, AMZN, Michael Ng, Ng, Raymond James downgrades, RJ Milligan, Milligan, PENN, Fred Imbert Organizations: CNBC, Disney, Penn Entertainment, Navy, Citi, IHS, Volkswagen, JPMorgan, Google, Yahoo, Uber, ESPN, Netflix, Disneyland, Raymond James downgrades Penn Entertainment, NFL, Penn Locations: 2024E, 2025E, Singapore, TikTok, Indonesia, Philippines, Malaysia, Monday's

☆ Vinnie Viola delivers on promise as Florida Panthers win first-ever Stanley Cup
▼ + stars: | 2024-06-25 | by ( Taylor Craig | In | ) www.cnbc.com time to read: +1 min

As Florida Panthers captain Aleksander Barkov skated around the ice with the Stanley Cup — it marked a dramatic turning point for a long-suffering franchise and fan base. "The team had struggled with attendance, certainly a lack of winning," Florida Panthers President and CEO Matt Caldwell told CNBC's "Last Call" on Friday. Upon purchasing the last-place Panthers, Viola made his intensions clear at his first official team press conference in 2013. "My family and I are honored to take the helm of the Florida Panthers organization with the No. 1 goal of putting a winning team on the ice year after year and bringing a Stanley Cup to our incredible fans here in South Florida," Viola said.

Persons: Aleksander Barkov, Barkov, —, Vinnie Viola, Matt Caldwell, CNBC's, Vinnie …, Viola Organizations: Florida Panthers, Stanley, Virtu, Panthers Locations: South Florida

☆ Zhang Ziyu: China’s 7-foot-3 teenage basketball star shows promise at youth tournament
▼ + stars: | 2024-06-25 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —At 7-foot-3, China’s teenage basketball star Zhang Ziyu looks to have an exciting career ahead of her. On Monday, Zhang came off the bench for her international debut and scored 19 points on 9-for-9 shooting in just 13 minutes, helping China brush aside Indonesia 109-50. “Zhang Ziyu is a cheat code,” a social media user said on X, formerly known as Twitter. Zhang is officially listed on FIBA's website as being 7-foot-3. FIBA lists Zhang as 7-foot-3 on its official website, meaning she is only one inch shorter than San Antonio Spurs star Victor Wembanyama.

Persons: Zhang Ziyu, Zhang, “ Zhang Ziyu, Fred Lee, Victor Wembanyama, Yao Ming Organizations: CNN, FIBA, Asia, International Basketball Federation, Twitter, Wednesday, Japan, San Antonio Spurs, NBA, WNBA Locations: China, Indonesia, New Zealand

☆ The Urgent Need for Trump and Biden to Blow Off Swing Voters - The New York Times
▼ + stars: | 2024-06-25 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +1 min

In a presidential election where both leading candidates are unpopular, there’s much talk about what each candidate can say to swing voters in Thursday’s debate. But true swing voters are disengaged from political news; in fact, many avoid it with a determination normally reserved for toxic exes, ticks and food poisoning. To the extent they learn what’s said on Thursday, it’ll be via repackaged clips on social media. Mr. Biden’s challenge is to reassure skeptical Democrats that he is still vigorous and that he is responsive to voters’ worries about inflation and other problems on their minds. Mr. Trump needs to convince Nikki Haley Republicans and others concerned about his ethics that their differences are less significant than his promise of financial security, tight borders and abortion restrictions.

Persons: what’s, it’ll, —, ”, Biden, Donald Trump can’t, Biden’s, Trump, Nikki Haley Republicans Organizations: Republicans —, Pew Research Center

☆ Corona brewer Constellation is set to grab more prime real estate at stores — driving sales and its stock
▼ + stars: | 2024-06-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Constellation Brands has an upper hand in a battle for coveted — but shrinking — territory in stores, according to new Wall Street research. In fact, displays provide more of a lift to sales than shelf-space gains for brands, Jefferies analysts said. STZ 5Y mountain Constellation Brands' stock performance over the past five years. We have a buy-it-here 1 rating on Constellation Brands and a price target of $300, implying about 14% upside from Friday's close. Constellation Brands' Corona Light is displayed for sale at a grocery store in New York.

Persons: Jefferies, Molson Coors, we've, —, Jim Cramer, Eli Lilly, Jim, Elliott, Jim Cramer's, Scott Eells Organizations: Constellation Brands, Modelo, Pacifico, Jefferies, Anheuser, Busch InBev, Molson, Boston Beer, Club, Investing Club, Elliott Management, CNBC, Bloomberg, Getty Locations: Corona, Victoria, U.S, New York

☆ The Promise of Weight-Loss Drugs
▼ + stars: | 2024-06-24 | by ( Dani Blum | ) www.nytimes.com time to read: +2 min

In the past two years, Ozempic has become a synonym for weight loss. Ozempic was weight loss; weight loss was Ozempic. Scientists believe the drugs are about to revolutionize several fields of medicine, such as cardiology and endocrinology. If these trials prove successful, the drugs may extend many lives by years, save billions in medical costs and divide public health into before-and-after epochs. These drugs, called GLP-1s (glucagon-like peptide 1 receptor agonists), mystify even the scientists who study them.

Persons: Ozempic, slimmed, we’ve, mystify Organizations: Food and Drug Administration

☆ Music labels sue AI companies Suno, Udio for U.S. copyright infringement
▼ + stars: | 2024-06-24 | by ( ) www.cnbc.com time to read: +2 min

Major record labels Sony Music , Universal Music Group and Warner Records sued artificial intelligence companies Suno and Udio on Monday, accusing them of committing mass copyright infringement by using the labels' recordings to train music-generating AI systems. The companies copied music without permission to teach their systems to create music that will "directly compete with, cheapen, and ultimately drown out" human artists' work, according to federal lawsuits filed against Udio in New York and Suno in Massachusetts. Representatives for Suno and Udio did not immediately respond to requests for comment on the complaints. AI companies have argued that their systems make fair use of copyrighted material. Cambridge, Massachusetts-based Suno and New York-based Udio have raised millions in funding this year for their AI systems, which create music in response to user text prompts.

Persons: Udio, Mariah Carey's, James Brown's, Michael Jackson, Bruce Springsteen, Mitch Glazier Organizations: Sony Music, Universal Music Group, Warner Records, Udio, Suno, Recording Industry Association of America Locations: New York, Suno, Massachusetts, Cambridge , Massachusetts

☆ Jude Law and Alicia Vikander Talk Smells, Sex Scenes in 'Firebrand'
▼ + stars: | 2024-06-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementIn a joint interview, the two discuss what it was like making "Firebrand," from working with Law's decaying-body perfume to the movie's unexpectedly "hilarious" sex scenes. Jude Law and Alicia Vikander in "Firebrand." Jude: I use it quite a lot because, as Alicia said, it's a really good way of... You've got to step into these characters every day. There are a lot of frankly kind of gross sex scenes that really drive home just the unbalanced, fraught nature of Henry and Katherine's relationship. Jude Law and Alicia Vikander in "Firebrand."

Persons: Jude Law, Count Alexei Alexandrovich Karenin, Joe Wright's, Anna Karenina, Alicia Vikander, —, Oscar, Kitty, Karim Aïnouz's, King Henry VIII's, Katherine Parr, Parr, Anne Boleyn, she's, Karim, Law, Katherine, Larry Horricks Jude, Alicia, Jude, I'd, Joe Wright, it's, You've, Henry, that's, Larry Horricks, I've, would've, there's, Everyone's, Vikander, Ripley, Irma Vep, you'll, Raff, Monica Schipper, John Nacion, WireImage Jude, Glen Powell, It's Organizations: Business, Law, Netflix Locations: South Africa

☆ How YouTube became a TV powerhouse and how much ad revenue it makes
▼ + stars: | 2024-06-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

The Google-owned video platform dominated streaming TV viewing for all of 2023, ahead of Netflix, by one widely cited measurement. It also only includes free YouTube, not YouTube TV, YouTube's pay TV service. With those platforms included, YouTube takes second place in monthly TV viewing, behind linear giant Disney, with an 11.5% share. In 2023, YouTube reached a deal to make NFL's Sunday Ticket games an add-on for YouTube TV subscribers. YouTube TV is a $72.99 a month bundle of TV channels.

Persons: —, It's, Here's, Nielsen, isn't, it's, influencers, Gen, Zers, alums Organizations: Service, YouTube, Google, Netflix, Disney, Warner Bros, Paramount, NFL, Business, Showtime, Starz, Procter, Procter & Gamble, Nielsen, Hollywood, Madison Ave, Read, Shorts, Warner Bros ., Deloitte, Alpha Locations: Procter &, Netflix's

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