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Combs on Tuesday pleaded not guilty to each count: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. The lawsuit accuses Combs and other defendants of sex trafficking, human trafficking, sexual assault, gender-motivated violence, sexual harassment, gender discrimination and a hostile work environment. Diddy is not accused of sexual assault in the lawsuit but is included in allegations of liability and aiding and abetting. Lampros accuses Combs of four instances of sexual assault from the mid-1990s to the early-2000s. July 3: Adria English, a former adult film actress, accuses Combs of sex trafficking and sexual assault in a federal lawsuit filed in New York.

Persons: CNN —, Sean “ Diddy ” Combs, Combs, Combs ’, Diddy, Casandra, Cassie ” Ventura, Ben Brafman, Mr, “, ”, Ventura, ” Combs, Brafman, Joi Dickerson, Neal, Liza Gardner, Aaron Hall, Guy, Gardner, Instagram, Jane Doe, ” Douglas, Wigdor, Rodney “, Rod ” Jones, Jones, Shawn Holley, Sean, Aaron Dyer, Christian Combs, Grace O’Marcaigh, Dyer, ” Sean Combs, Cassie Ventura, Ventura –, I’m, Meredith Firetog, Cassie, ‘, ’, Firetog, Crystal McKinney, drugging, Lampros, Eric Adams, Adams, Howard, Sean Combs, ” Jonathan Davis, Singer Dawn Richard, Danity Kane, Combs “, ” Ventura, Erica Wolff, Richard, Christine Cornell, Prosecutors, CNN’s Nicki Brown, John Miller, Eric Levenson, Alli Rosenbloom, Kristina Sgueglia, Lisa Respers France, Sandra Gonzalez Organizations: CNN, Prosecutors, Howard University, Ventura, New York Supreme, Syracuse University, Diddy, of, Homeland Security, InterContinental, MTV, New York’s Fashion Institute of Technology, Howard University’s, Sean Combs Foundation, Adria Locations: Los Angeles, Miami, New York City, Here’s, New York, Southern, of New, Century City, Ventura

☆ OpenAI's power players: Meet the 20 leaders helping shape the future of the AI giant
▼ + stars: | 2024-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

Last November, the sudden ouster of CEO Sam Altman and the resulting revolt by most of its employees cast doubts on the future of the world's most prominent AI company. While by no means a comprehensive list, below are some of the key power players who are helping to determine OpenAI's future. He took over for his former boss, Jason Kwon, who has since become the company's chief strategy officer. She's also been referred to as OpenAI's "minister of truth" for her efforts to ensure the company's AI products aren't deceptive or biased. ResearchJakub Pachocki, Chief ScientistRelated storiesPachocki joined OpenAI's research in 2017 after completing a PhD in computer science at Carnegie Mellon University.

Persons: —, Sam Altman, OpenAI, Sarah Friar, Friar, Goldman Sachs, She's, Jason Kwon, Kwon, Anna Makanju, Global Affairs Chris Lehane, Che Cheng, OpenAI's, Cheng, Mira Murati, Murati, Kevin Weil, Weil, Instagram, Peter Welinder, Peter Deng, Research Jakub Pachocki, Pachocki, Ilya Sutkever, Ilya, Mark Chen, Chen, Bob McGrew, Sam Altman's, Lilian Weng, Weng, Aleksandr Madry, Barret Zoph, John Schulman, Zoph, Alec Radford, Radford, Zico Kolter, Kolter, Paul Nakasone, Bret Taylor, Taylor, He's, Larry Summers, Fidji Simo, Melinda Gates, Nicole Seligman, Adam D'Angelo, Quora, Altman, D'Angelo, Andrea Appella, Haidee Schwartz, Schwartz, Akin Gump, She'll, Heather Whitney, Whitney, Morrison Foerster, Makanju, Sam, Biden, Chris Lehane, Lehane, Clinton Organizations: Service, OpenAI, Business, Microsoft, Apple, Google, Khosla Ventures, Global, Global Affairs, Amazon, supercomputing, Tesla, Meta, Twitter, ChatGPT Enterprise, Research, Carnegie Mellon University, MIT, Facebook, Security, Machine Learning Department, Carnegie Mellon Carnegie Mellon, Stanford, CMU, Safety, Security Committee, US Army, NSA, US Cyber Command, Defense Department, U.S, Melinda Gates Foundation, Global Competition, Netflix, Century Fox, Competition, Federal Trade Commission, New York Times, Harvard Law School, University of Chicago Law School, NYU, Canada, Global Policy, Public Affairs, House, Newsweek Locations: Europe, Washington, OpenAI, Silicon, Middle East, Asia, London, Chan, Airbnb

☆ Sean ‘Diddy’ Combs to appeal his bail denial Wednesday in racketeering conspiracy and sex trafficking case
▼ + stars: | 2024-09-18 | by ( Dalia Faheid | ) edition.cnn.com time to read: +9 min

CNN —Sean “Diddy” Combs is expected Wednesday afternoon to appeal a federal judge’s decision to hold the hip-hop artist and music mogul without bail after he pleaded not guilty in federal court to charges of racketeering conspiracy, sex trafficking and transportation to engage in prostitution Tuesday. In court, prosecutors argued the music mogul should not be released because he had previously reached out to witnesses and victims. The judge told Combs there were no conditions she could find to assure her that he would appear in court if released. Combs’ lawyer Marc Agnifilo told CNN’s Kaitlan Collins on Tuesday night that Combs will likely not take a plea deal. The sex trafficking charge is based on allegations against a single, unnamed “Victim-I” from about 2009 up to about 2018, the indictment states.

Persons: Sean “ Diddy ” Combs, Andrew Carter, Combs, Carter, – Combs, Robyn Tarnofsky, Tarnofsky, Marc Agnifilo, CNN’s Kaitlan Collins, “, ” Agnifilo, Emily Johnson, Agnifilo, ”, Johnson, Prosecutors, —, ” Combs “, Casandra Ventura, Ventura, Douglas Wigdor, Sean Combs, won’t, ’, Combs ’ Organizations: CNN, Housing Unit, Metropolitan Detention, Homeland Security Investigations, Prosecutors, “, Combs Enterprise Locations: Brooklyn, Manhattan, New York, Miami, Los Angeles, Ventura

☆ Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
▼ + stars: | 2024-09-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer urged people to be patient once the Fed's decision arrives at 2 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jerome Powell's, Jim, Salesforce, Agentforce, Mark Benioff, Brian Niccol, General Mills, Jim Cramer's Organizations: CNBC, Nvidia, Bank of America, Starbucks, VF Corp, Resmed, Marriott International, Alaska Air Locations: China

☆ AMD CEO talks competition with Nvidia: 'there’s no one size fits all in computing'
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

When CNBC's Jim Cramer asked AMD CEO Lisa Su about competition with artificial intelligence powerhouse Nvidia , she said there was room for more than one major player in the red-hot semiconductor industry. "The way to think about it is, there's no one size fits all in computing," she said. Both AMD and Nvidia design semiconductor chips essential for the new generative AI technology everyone in the enterprise is clamoring for. To Su, the "technology ecosystem" works well when there's competition and partnership, saying there should be areas where rivals work together and where they compete. Su also discussed the future of AI, saying the world is just beginning to recognize what AI can do.

Persons: Jim Cramer, Lisa Su, Su, It's Organizations: Nvidia, AMD, Intel, Big Tech

The University of North Texas Health Science Center will stop accepting unclaimed bodies following an NBC News investigation that documented how the Fort Worth program cut up and leased out the remains of poor people for training and research without consent from the dead or their families. The move was prompted, she said, by documents uncovered while responding to reporters’ public-records requests about the center’s Willed Body Program. Among the revelations were “a lack of sufficient controls and oversight” of how outside companies handled and used corpses provided by the Health Science Center. Trent-Adams said leadership had been unaware that the body program was routinely shipping unclaimed remains — including those of U.S. military veterans — across state lines. The NBC News investigation published Monday found the center had received about 2,350 unclaimed bodies from Tarrant and Dallas counties in the past five years.

Persons: Sylvia Trent, Adams, ” Trent, Tim O’Hare, ” Organizations: University of North Texas Health Science, NBC News, Fort Worth, Health Science Center . Trent, NBC, Science Locations: U.S, Tarrant, Dallas, Tarrant County

Prosecutors in the Southern District of New York accuse Combs of sex trafficking, racketeering and transportation to engage in prostitution in the indictment unsealed Tuesday. “A year ago Sean Combs stood in Times Square and was handed a key to New York City,” he said. The sex trafficking count mentions “Victim-1,” whose interactions with Combs as described in the indictment mirror those described in Ventura’s lawsuit. According to the indictment, Combs attempted to bribe a member of the hotel security staff who had intervened. Since Ventura’s lawsuit, several others have accused Combs in separate lawsuits of sexual assault or sexual misconduct.

Persons: Sean “ Diddy ” Combs, Combs, ”, Prosecutors, Damian Williams, Williams, “, Sean Combs, he’s, Marc Agnifilo, “ He’s, ” Agnifilo, ” Combs, Kelly, Robert Sylvester Kelly, Mary J, Blige, Usher, Casandra Ventura, Cassie, Ventura, ” Williams, Douglas Wigdor, ” “ Combs Organizations: Prosecutors, of New, Homeland Security, Miami, of, CNN Locations: Southern, Manhattan, New York City, of New York, ”, Ventura, Los Angeles, Miami, U.S

Aaron Dyer, an attorney for Combs, had described the searches in March as a “gross overuse of military-level force.”Authorities walk near a property belonging to Sean "Diddy" Combs in Los Angeles on March 25. Jones alleged that Combs was attempting to groom him into having a sexual relationship with him. Paul was named as an employee of Combs’ in Jones’ suit, which described him as someone who acquires and distributes drugs and guns on Combs’ behalf. The assault is alleged to have occurred days before Sean Combs hosted a New Year’s Eve yacht party with celebrity guests. Combs' attorney Marc Agnifilo said his client was the subject of "what we believe is an unjust prosecution."

Persons: Sean “ Diddy ” Combs, Combs, Damian Williams, Aaron Dyer, Sean, Diddy, Eric Thayer, Cassie, ”, Casandra Ventura, Joi Dickerson, Neal, Dickerson, Jan, “, Liza Gardner, Gardner, Aaron Hall, Gardner “, Jane Doe, Harve Pierre, Angela Weiss, Pierre, Doe, Rodney Jones, Rodney “, Rod ” Jones, ” Jones, Jones, Giorgio Viera, Brendan Paul, Jones ’, Dyer, Combs “, there’s, ” Dyer, “ Mr, ” Brendan Paul, Paul, Brian Bieber, Christian Combs, Grace O’Marcaigh, Sean Combs, O'Marcaigh, ” Combs, I’m, ” Meredith Firetog, ” Firetog, ‘, ’, Danity Kane, Dawn Richard, Kane, Richard, Marc Agnifilo, Agnifilo Organizations: Southern, of, Federal, U.S, NBC News, New York, Syracuse University, MCA Records, NBC, Getty, U.S ., Homeland Security Investigations, Officials, Dade, Homeland Security, CNN, MTV Locations: New York City, U.S, of New York, Manhattan, New York, Los Angeles, New, Harlem, Detroit, Michigan, Florida, Los Angeles and New York, U.S . Virgin Islands, Miami Beach, Angeles, Miami, Bahamas, Court

☆ Best dividend stocks to buy as rate cuts make their yields more attractive
▼ + stars: | 2024-09-17 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The Federal Reserve is set to cut interest rates Wednesday for the first time in four years, which should make the yields for dividend stocks even more attractive, lifting the group. Using the CNBC Pro Stock Screener tool, we searched for stocks with a dividend yield above 3% and a low debt-to-equity ratio under 60%. Click here to view the results on CNBC Pro's Stock Screener tool and to make your own screener. Coterra Energy and ConocoPhillips are other energy names with strong dividends and attractive returns, according to the CNBC Pro screener. Other strong dividend stocks from the screen include Truist Financial and phosphate and potash mining company Mosaic .

Persons: Morgan Stanley, Devin McDermott, McDermott, Bank of America Wamsi Mohan, Mohan Organizations: Federal, Exxon Mobil, ConocoPhillips —, CNBC, Stock, CNBC Pro's, Energy, Exxon, Chevron, Devon Energy, Coterra Energy, ConocoPhillips, CNBC Pro, Hewlett Packard Enterprise, Bank of America

☆ Here are Tuesday's biggest analyst calls: Nvidia, Palantir, Amazon, Shopify, Walmart, Microsoft, Palantir, Tesla & more
▼ + stars: | 2024-09-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Amazon as buy Bank of America said it's sticking with its buy rating on Amazon following CEO Andy Jassy's letter to employees on Monday. Bank of America adds Palantir to the US1 list Bank of America added the stock to its top picks list. Bank of America reinstates Carvana as buy Bank of America resumed coverage of Carvana and upgraded it to buy saying it sees accelerating growth. Bank of America upgrades Hewlett Packard Enterprise to buy from neutral Bank of America said shares of the company are "attractive." Bank of America upgrades GE Vernova to buy from neutral Bank of America said it sees a "power surge" for the stock.

Persons: Oppenheimer, Andy Jassy's, Andy Jassy, Bernstein, Tesla, underperform Bernstein, Redburn, LSCC, Ford Tamer, Mizuho, DELL, Morgan Stanley, Virgin, Jefferies, it's bullish, JEF, ARMK, Baird, BTIG, " Jefferies, SolarEdge Organizations: Nvidia, " Bank of America, Bank of America, Semiconductor, Stifel, Board, Dell, JPMorgan, ViaSat, United Airlines, Viasat, IFC, Virgin Galactic, Virgin, Citi, UBS, APP, RBC, Baird Conference, Burger, Walmart, Technologies, Healthcare, Barclays, D, WEC, Hewlett Packard Enterprise, of America, Hewlett, Packard Enterprise, GE, Gas Power Services Locations: Europe

☆ Sean 'Diddy' Combs charged with racketeering, sex trafficking
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +3 min

Sean "Diddy" Combs attends the REVOLT X AT&T 3-Day Summit In Los Angeles - Day 1 at Magic Box on October 25, 2019 in Los Angeles, California. Sean "Diddy" Combs has been indicted on criminal charges for what U.S. prosecutors called the music mogul's years-long orchestration of a sex trafficking and racketeering conspiracy. Combs, a rapper and producer who was a major figure in hip-hop in the 1990s and 2000s, faces three criminal charges including: racketeering conspiracy; sex trafficking by force, fraud or coercion; and transportation to engage in prostitution. According to the 14-page indictment, Combs turned his business empire into a criminal enterprise in which he and associates engaged in sex trafficking, forced labor and other crimes. Kelly was sentenced to a combined 31 years in prison after being convicted in New York in 2021 and Chicago in 2022 on charges including sex trafficking, racketeering and child sex crimes.

Persons: Sean, Diddy, Combs, Marc Agnifilo, Prosecutors, Kelly, Mary J, Blige, Faith Evans, Usher, Casandra Ventura, Cassie, Agnifilo Organizations: U.S, Miami Locations: Los Angeles, Los Angeles , California, Manhattan, New York, Chicago, Miami Beach , Florida

These notorious groups dominated organized crime in Chicago and New York for decades –- until prosecutors brought them down with one sweeping charge: racketeering. Blakey has helped draft racketeering laws in at least 22 statesIt’s not a specific crimeSimply put, racketeering means engaging in an illegal scheme. Prosecutors must prove a pattern involving at least two instances of racketeering activity to convict someone under the law. It’s purposefully broadCongress passed the RICO Act in 1970 to combat organized crime. But racketeering is “not only associated with organized crime,” Blakey says.

Persons: Gambino, Lucchese, Donald Trump, Kelly, Young Thug, Sean ‘ Diddy ’ Combs, G, Robert Blakey, Blakey, It’s, ”, Antonio Corallo, ” Blakey Organizations: CNN, Chicago Mafia, Notre Dame University, US Justice Department Locations: Chicago, New York

☆ SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
▼ + stars: | 2024-09-17 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

A Starlink terminal installed on a Hawaiian Airlines aircraft. Hawaiian AirlinesPARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week's United Airlines deal, a company director said Tuesday. Last week, United said it will outfit its more than 1,000 planes with Starlink and won't charge customers for the Wi-Fi. SpaceX has previously announced in-flight deals and has started service with Hawaiian Airlines , Qatar Airways, Japan's Zipair, Latvia's airBaltic and semi-private charter airline JSX. Nick Galano, SpaceX director of Starlink Aviation Sales and Partnerships, center, speaks at the World Space Business Week conference in Paris on Sept. 17, 2024.

Persons: Nick Galano, United, Gogo, Japan's, Latvia's, Galano, SpaceX, Michael Sheetz Galano, Glenn Latta, Latta, We've Organizations: Hawaiian Airlines aircraft, Hawaiian Airlines PARIS, SpaceX, United Airlines, IFC, Starlink's, Viasat, Panasonic, Thales, Hawaiian Airlines, Qatar Airways, Starlink Aviation, CNBC, Delta Air Lines, Delta Locations: Paris, United

☆ Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors
▼ + stars: | 2024-09-17 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Bausch + Lomb parent company Bausch Health is spinning off the eye-care company with an upcoming IPO which will list on the New York Stock Exchange and TSX with the ticker symbol “BLCO”. This would greatly benefit BLCO stockholders, of which Bausch Health is the largest. As an 88% owner of BLCO, Bausch Health's value derived from such a sale would be $12.32 billion. Adding the value of the proceeds from BLCO sale, the Xifaxan cash flows and RemainCo yields a total value of $25.93 billion for Bausch Health. After subtracting 100% of the Bausch Health debt, that would yield an equity value of $10.49 billion or $28.19 per share.

Persons: Bausch, Scott Olson, Richard Mulligan, John Paulson, Brett Icahn, Steven Miller, Carl Icahn, BLCO, Goldman Sachs, Bausch Health's, Peers, InMode, Takeda, Gary Hu, Brent Saunders, Ken Squire Organizations: Bausch Health, New York Stock Exchange, TSX, U.S . Securities, Exchange, Financial Times, Cooper Companies, BLCO, Products, Takeda Pharmaceuticals, Ironwood Pharmaceuticals, Health, 13D Locations: CHICAGO , ILLINOIS, Chicago , Illinois, BLCO

☆ Jim Cramer says AI's real enterprise value lies in customer service
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday pinpointed why he thinks artificial intelligence is useful across the business world, saying its value stems from customer service potential across industries. Cramer gave examples of how AI customer service capabilities could change workflows in several fields, including retail, food service, law and health care. He suggested AI agents could answer patients' questions and free up doctors' time to engage in other pursuits. "AI makes things go faster — everything. It makes things more rational — everything," he said.

Persons: CNBC's Jim Cramer, Cramer, hasn't

☆ Stocks making the biggest moves midday: Gannett, Accenture, Hewlett Packard and more
▼ + stars: | 2024-09-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Hewlett Packard Enterprise — The tech hardware stock jumped 6% after Bank of America upgraded the stock to a buy rating from neutral. Shopify — The e-commerce stock advanced nearly 2% after receiving an upgrade to buy from neutral at Redburn Atlantic. AppLovin — The mobile software stock advanced about 6% following a UBS upgrade to buy from neutral. Gannett — Shares soared 16% after Citi upgraded the newspaper stock to a neutral rating from sell. GE Vernova — The energy stock rallied nearly 4% after Bank of America upgraded the stock to buy from neutral.

Persons: Marie Myers, Biden, Shopify, FanDuel, Michael McGovern, Andrew Obin, Philip Morris, — CNBC's Sean Conlon, Yun Li, Sarah Min, Samantha Subin Organizations: Hewlett Packard Enterprise, Bank of America, Microsoft, Intel, UBS, Gannett —, Citi, Gannett, GE, Vectura Group, Molex Asia Holdings, Vectura, Accenture —, Bloomberg Locations: U.S

International credit scores generally do not transfer to credit scores in the U.S. Nova Credit allows immigrants from some countries to apply for credit with an international credit score. FICO VantageScore Payment history (35%) Payment history (40%) Credit balance (30%) Length & type of credit (21%) Length of credit history (15%) Percent of credit used (20%) New credit (10%) Total debt/balances (11%) Mix of credit accounts (10%) Recent credit behavior and inquiries (5%) Available credit (3%)Varying reporting standardsOther countries have credit-scoring systems that differ from the United States. Check for applying without a U.S. credit history — While filling out a credit card application, check a box with "apply without having a U.S. credit history." Along with exploring credit scores, credit reports, and how to build credit, Jennifer analyzes how current economic trends impact everyday people and offers her expert advice on budgeting, saving, and growing wealth in today’s economy.

Persons: Misha Esipov, Dun, Bradstreet, Equifax, TransUnion, you've, Jennifer, Read Organizations: Nova Credit, Popular, Nova Credit's, Nova, American Express, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: U.S, United States, America, Experian, Nova, Canada, Japan, Australia, Brazil, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, South Korea, Spain, Switzerland, TheGrio, New York City

☆ Takeaways from the racketeering conspiracy and sex trafficking indictment against Sean ‘Diddy’ Combs
▼ + stars: | 2024-09-17 | by ( Eric Levenson | ) edition.cnn.com time to read: +8 min

Diddy,’ aka ‘Diddy,’ aka ‘PD,’ aka ‘Love,’ the defendant, abused, threatened, and coerced women and others around him to fulfill his sexual desires, protect his reputation, and conceal his conduct,” the indictment states. The indictment lists eight purposes for Combs Enterprise, including the above-board businesses of operating a media, entertainment, and lifestyle business. Victims and sex workers participated in ‘Freak Offs’The indictment alleges Combs held what he called “Freak Offs,” or elaborate sex performances in which he drugged and coerced victims into extended sex acts with male sex workers. Further, Diddy kept videos he took of his victims engaging in sex acts, sometimes without their knowledge, the indictment states. Meanwhile, the sex trafficking charge is based on allegations against a single, unnamed “Victim-I” from about 2009 up to about 2018, the indictment states.

Persons: Sean “ Diddy ” Combs, Sean Combs, ’, ‘, ‘ Diddy, Combs, ”, Diddy, “ Combs, Sean, Casandra Ventura, Cassie, Combs “, Ventura, “, Damian Williams, Shannon Stapleton, ’ ” Organizations: CNN, US, Office, of, Bad Boy Entertainment, Combs Enterprise, Reuters Locations: Southern, of New York, Los Angeles, Miami

☆ Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much
▼ + stars: | 2024-09-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +12 min

Amazon abandoned its $1.7 billion purchase of iRobot in January after the FTC and European regulators raised concerns. Since peaking at $1.5 trillion in 2021, tech transaction volume has plummeted, dropping to $544 billion last year, according to Dealogic. Before the company announced its $27 billion purchase of data analytics software company Splunk last September, he said he viewed the risk as absolutely worth taking. Alphabet's last big deal was its $5.4 billion purchase of cybersecurity company Mandiant in 2022. Microsoft closed its massive $75 billion purchase of Activision in October, but it took 20 months and a protracted fight with U.S. and European regulators.

Persons: Lina Khan, Jonathan Kanter, Khan, Joe Biden, Drew Angerer, Biden, Permira, Thoma, Sen, JD Vance, Donald Trump's, Barry Diller, Reid Hoffman, Kamala Harris, Andrew Luh, Gunderson Dettmer, Figma, Dana Rao, Rao, We've, they've, Juniper, Salesforce, Antonio Neri, Pau Barrena, Neri, Sergio Letelier, hasn't, Letelier, Marc Benioff, It's Benioff's, Slack, Benioff, Derek Idemoto, who's, Idemoto, that's, Splunk, HPE's Letelier, it's, Harris, Trump Organizations: U.S . Federal Trade Commission, Justice, Brookings Institution, U.S, Senate, Getty, Google, Amazon, Microsoft, Federal Trade Commission, iRobot, FTC, BlackRock, Thoma Bravo, KKR, Republican, CNBC, Democratic, Trump, Big Tech, Justice Department, DOJ, Apple, Meta, Adobe, European Commission, UK Competition, Markets Authority, Justice Department's Antitrust, Hewlett Packard Enterprise, Mobile World Congress, MWC, AFP, Juniper, Markets, DOJ's Antitrust, European Union, EU, Software, Cisco, Activision, Foreign Investment, Regulators, Bloomberg, Tech Locations: Washington, Europe, Barcelona, Pau, Salesforce, United States

☆ Shares of Broadcom should be higher given the chipmaker's AI growth outlook
▼ + stars: | 2024-09-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we've, Stanley Black, Decker, Jim, Hock Tan, Stocks, Jim Cramer's Organizations: CNBC, TJX Companies, Depot, Microsoft, Management, Excel, Broadcom, Intel, Hewlett Packard Enterprise, Devices

☆ Prosecutors urge judge to reject $50 million bond for Sean 'Diddy' Combs and keep him in jail before trial
▼ + stars: | 2024-09-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Ahead of Combs' expected afternoon court appearance, his lawyers offered a $50 million bond to keep him out of jail before his trial. "In short, if the defendant wanted to flee, he has the money, manpower, and tools to do so quickly and without detection," prosecutors wrote in the filing. But in the past, Combs has pressured security staff to stay quiet about his activities, prosecutors wrote. "When a member of hotel security staff intervened, the defendant attempted to offer the hotel security officer a stack of cash to ensure his silence," prosecutors wrote. "After the security guard refused the defendant's bribe, and after coordination between the defendant and his employees, the defendant's staff contacted other members of hotel security."

Persons: —, Sean, Diddy, Combs, who's, Prosecutors, Sean Combs, Cassie Ventura — Combs Organizations: Service, of, Business, Prosecutors, Enterprise, Miami Locations: Southern, of New

☆ Here are the fundamental and the technical reasons that Microsoft stock can be bought
▼ + stars: | 2024-09-17 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Like the overall market, Microsoft has been running higher of late as odds increasingly favor a 50-basis-point Fed cut. With so much hope on Wall Street, if the Fed were to go with a smaller 25-basis-point move, the market could get hit and pressure Microsoft stock. The Club has a $500 per share price target on Microsoft stock. That's our fundamental case, which aligns with technical analysis of Microsoft's one-year stock chart pattern. A laptop computer with Microsoft Copilot+ installed is on display at the Best Buy store on June 18, 2024 in Miami, Florida.

Persons: Amy Hood, we've, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Microsoft, Fed, CNBC, Getty Locations: Miami , Florida

☆ Read the Indictment in the Sex Trafficking Case Against Sean Combs
▼ + stars: | 2024-09-17 | by ( ) www.nytimes.com time to read: +2 min

States Code, Section 1962; any and all interests in, securities of, claims against, and property or contractual rights of any kind affording a source of influence over, the enterprise named and described herein which the defendant established, operated, controlled, conducted, and participated in the conduct of, in violation of Title 18, United States Code, Section 1962; and any and all property constituting and derived from proceeds obtained, directly and indirectly, said offense, including but not limited to a sum of money in United States currency representing the amount of proceeds traceable to the commission of said offense. As a result of committing the offense alleged in Count Two of this Indictment, SEAN COMBS, a/k/a “Puff Daddy,” a/k/a “P. Diddy,” a/k/a “Diddy," a/k/a "PD,” a/k/a "Love," the defendant, shall forfeit to the United States, pursuant to Title 18, United States Code, Section 1594, any and all property, real and personal, involved in, used, or intended to be used to commit or to facilitate the commission of said offense and any and all property traceable to such property; any and all property, real and personal, constituting or derived from proceeds obtained, directly or indirectly, as a result of said offense, including but not limited to a sum of money in United States currency representing the amount of property involved in said offense and proceeds traceable to the commission of said offense. As a result of committing the offense alleged in Count Three of this Indictment, SEAN COMBS, a/k/a “Puff Daddy,” a/k/a “P. Diddy,” a/k/a “Diddy,” a/k/a “PD,” a/k/a "Love," the defendant, shall forfeit to the United States, pursuant to (i) Title 18, United States Code, Section 2428, any and all property, real and personal, constituting or derived from proceeds obtained, directly or indirectly, as a result of said offense; and any and all property, real or personal, that was used or intended to be used to commit or facilitate the commission of said offense, and (ii) Title 18, United States Code, Section 981(a)(1)(C) and Title 28, United States Code, Section 2461, any 13

Persons: Count, SEAN COMBS, ” Organizations: United, United States Code Locations: United States

☆ FBI investigates suspect in apparent Trump assassination attempt and historic Emmy night for 'Shōgun': Morning Rundown
▼ + stars: | 2024-09-16 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +9 min

The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.

Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, “, ”, Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo

“If you could find us,“ she asked, “why didn’t they?”Do you have a story to share about the use of unclaimed bodies for research? Dr. Douglas Hampers, the CEO of National Bioskills Laboratories — which had leased Honey’s torso — said he was disturbed to learn his company had received unclaimed bodies. He said his company would ensure that it no longer accepted unclaimed bodies and would adopt policies to make certain future specimens were donated with families’ permission. To curb this ghastly 19th-century practice, states adopted laws giving schools authority to use unclaimed bodies for student training and experiments. Each of the 44 that answered said they don’t use unclaimed bodies — and some condemned doing so.

Persons: Fran Moore, Carl Yenner, “, —, Victor Honey —, ”, Brenda Cloud, didn’t, DePuy, Johnson, Medsystems, Medical Sciences —, Douglas Hampers, Thomas Champney, Tim O’Hare Organizations: NBC, Army, University of North Texas Health Science, Health Science Center, Health Science, NBC News, Health, Dallas, U.S . Army, Johnson, Boston Scientific, University of Arkansas, Medical Sciences, University of North, National Bioskills Laboratories, American Association for Anatomy, University of Miami Miller School of Medicine Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, University of North Texas, Dallas County, Tarrant County

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