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And for Trump, flipping Pennsylvania — a state he narrowly won in 2016 but lost in 2020 — would give him a broader path to winning back the White House. Trump tried to bring fracking into focusIn 2019, when Harris was running for the 2020 Democratic presidential nomination, she voiced support for a ban on hydraulic fracturing — or fracking. And recognizing the political potency of the issue, Harris on Tuesday sought to distance herself from her past comments by pointing to her record as vice president. From 1992 to 2012, only Democratic presidential nominees carried the state. In the state's Real Clear Politics polling average, Harris and Trump are both currently tied at 47.6% support.
Persons: , Kamala Harris, Donald Trump, Harris, Trump, fracking, It's, Joe Biden's, Roe, Wade, Biden, Josh Shapiro, Chip Somodevilla, Hillary Clinton, Joe Biden Organizations: Service, Business, Trump, Democratic, US, Pennsylvania, GOP — Democrats, Biden, Democrats, Clear, Pennsylvania Convention Locations: Philadelphia, Pennsylvania, Michigan, Wisconsin, Arizona, Georgia, United States, fracking, Central, Western Pennsylvania, Philadelphia's, Johnstown
Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024. Former FTX executive Ryan Salame is back in court on Thursday, as Judge Lewis Kaplan looks for answers about the back-room dealings that led to Salame's criminal plea deal, which resulted in a 7.5-year prison sentence. Bond, who was previously a lawyer with the SEC, was indicted in August on campaign finance charges tied to her unsuccessful run for Congress in 2022. The four-count indictment against Bond was unsealed a day after Salame, the father of their nine-month-old child, asked Kaplan to void his plea. But Salame quickly reversed course, submitting a motion to the court within days to withdraw the petition to vacate his guilty verdict.
Persons: Ryan Salame, Lewis Kaplan, Sam Bankman, Kaplan, Salame, Michelle Bond, Bond, Fried Organizations: FTX, Salame, Manhattan U.S, Attorney's, SEC, Prosecutors Locations: New York City, U.S, Salame's
The federal government and many state governments are passing laws and regulations designed to reduce our use of fossil fuels and increase renewable energy production. Now let's talk about energy production. Big picture, America's production of oil, natural gas, and renewables is growing with natural gas growing most of all. In 1950, natural gas was about 18% of total US energy production. As for oil, US domestic crude oil production has more than doubled since 2000.
Persons: Steve Ballmer, That's Organizations: Insider Studios, LA Clippers, US, Buildings, Transportation, Global Locations: United States, America, China, Russia, Ukraine, Venezuela
CNN —An Israeli intelligence commander, who critics say played a pivotal role in failing to prevent the October 7 attacks, is resigning, Israel’s military told CNN. Later that month, Israeli Prime Minister Benjamin Netanyahu also received sharp public criticism after he accused security chiefs in a later-deleted social media post of failing to warn him about the impending attack. In a May interview with Dr. Phil McGraw on the “Dr. We have to admit that,” Netanyahu told Dr. Phil. When asked if he held himself to that standard and failed in some way he added, “I hold myself and everyone on this.
Persons: Yossi Sariel, , Kan, ” Kan, Shin Bet, , ” Shin, Ronan Bar, Benjamin Netanyahu, Phil McGraw, Phil, Netanyahu, ” Netanyahu Organizations: CNN, Israel Defense Forces, Kan Locations: Israeli, , Israel
Standing near them was another figure whose sway with the Republican nominee also cannot be discounted: the far-right provocateur Laura Loomer. Her anti-Muslim social media posts eventually earned her a ban from Twitter that lasted until billionaire Elon Musk bought the website, now known as X, and restored her account. She knows his personal number and has utilized it, one source familiar with the relationship told CNN. When Trump landed in Philadelphia on Tuesday before his debate against Harris, Loomer was among the close allies seen deboarding his private plane. In August of last year, Trump even suggested the campaign hire Loomer for an official role, sources told CNN at the time.
Persons: Donald Trump, Chris LaCivita, Susie Wiles, Laura Loomer, Loomer, Elon Musk, Kamala Harris, Joe Biden, , Trump, “ I’ve, She’s, Barack Obama’s, Harris, Biden, , X, Trump’s, Kamala Harris panders, ” Loomer, Sen, JD Vance, Marjorie Taylor Greene, MAGA, Steve Deace, Ron DeSantis, Wiles, hasn’t, Matt Gaetz, Tulsi Gabbard, Stephen Miller Organizations: CNN, United, Republican, World Trade, Twitter, Trump, GOP, National Association of Black Journalists, Facebook, Florida Gov, White, Boeing, “ Trump Force, Republican National Convention, Hawaii Democratic Locations: United States, New York City, New York, Pennsylvania, America, Philadelphia, Florida, Mar, Butler , Pennsylvania
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Thursday's full episode of the Halftime Report — September 12, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Last year, Falconi successfully petitioned the Nevada Supreme Court, which ruled that the public has a constitutional right to access Family Court cases. While the court is scheduled to hold evidentiary hearings next week, a decision from the court on media access could come at any time. If a judge does agree to unseal the case, it could have major ripple effects for Nevada family courts. Some have argued that sealing family court cases helps protect the privacy of vulnerable people. Falconi is not working with the media coalition, but said he hopes the national media attention on the Murdoch case will tangentially help his mission.
Persons: Rupert Murdoch, , Murdoch’s, — Lachlan, James, Elisabeth, Prudence, Murdoch, Lachlan, James Murdoch, Kamala Harris, Elisabeth Murdoch, Alex Falconi, Falconi, St James, Victoria Jones, ” Falconi, , “ Doe, Rupert Murdoch “, , “ They’re Organizations: New, New York CNN, HBO, Fox Corporation, News Corporation, CNN, New York Times, Fox, News Corp, Street, New York Post, Silver State, Nevada, American Civil Liberties Union, Spencer, The New York Times, National Public Radio, Nevada Supreme, News Locations: New York, Reno , Nevada, Australia, Nevada, Washoe, “ Nevada, London
A golden cross is a chart pattern in which a stock's 50-day moving average moves above its 200-day average. Given the more volatile backdrop, CNBC Pro screened FactSet for stocks that are forming or approaching a golden cross pattern. The health-care stock has a 50-day moving average of $103.31 and is approaching its 200-day moving average of $104.14. MarketAxess Holdings Meanwhile, the 50-day moving average of $230.11 for MarketAxess Holdings has already surpassed its 200-day moving average of $228.36, indicating possible future gains. Its 50-day moving average of $218.04 has also already passed its 200-day moving average of $215.18.
Persons: paring, Cardinal Health's Organizations: Dow Jones, Nasdaq, CNBC Pro, Health, Holdings, MarketAxess Holdings, SBA Communications SBA Communications, SBA Locations: Wednesday's
That builds on Wednesday's post-earnings rally of nearly 33%, which marked the stock's best day on record. Moderna — The stock plummeted nearly 16% after the drugmaker said it will cut $1.1 billion in expenses by 2027. Interpublic Group of Companies — The advertising stock was trading 2% lower following a downgrade from UBS to sell from neutral. U.S. Bancorp — The bank stock slipped nearly 2% despite announcing a dividend hike and a $5 billion share buyback plan. Oracle – Shares of the software company rose nearly 2% after Bernstein named it a top investment idea .
Persons: Kroger –, Kroger, Moderna, Adam Berlin, Bernstein, Yun Li, Michelle Fox, Sean Conlon, Samantha Subin, Lisa Kailai Han, Sarah Min Organizations: Kroger, Moderna, Gilead Sciences, Alaska Air Group, Interpublic, Companies, UBS, Amazon, Pfizer, Bancorp, Diageo, Bank of America, Wolfe Research, Oracle – Locations: Gilead, Alaska, U.S
Check out the companies making headlines before the bell: Alaska Air Group — Shares gained 5% after Alaska Air Group raised its third-quarter outlook, citing strong summer demand. The airline guided for per-share earnings in the range of $2.15 and $2.25, greater than prior guidance of $1.40 to $1.60 earnings per share. Moderna — Shares shed more than 6% after the drugmaker announced plans to slash expenses by $1.1 billion by 2027. Oxford Industries — Shares dropped 10% after the clothing company behind Tommy Bahama posted second-quarter figures that missed expectations. Oxford Industries posted adjusted earnings of $2.77 per share, lower than the FactSet consensus estimate of $3 earnings per share.
Persons: Moderna, Tommy Bahama, Kroger —, , Alex Harring, Hakyung Kim, Jesse Pound, Samantha Subin Organizations: Alaska Air Group —, Alaska Air Group, Oxford Industries, Interpublic, Companies, UBS, U.S, Bancorp, U.S . Bancorp, Kroger, Diageo, Bank of America Locations: U.S
US District Judge Lewis Kaplan scheduled the hearing after Ryan Salame, a former executive of Alameda Research and FTX Digital Markets, tried to withdraw his guilty plea. Salame said prosecutors broke a promise to him by later indicting his romantic partner, Michelle Bond — a claim that prosecutors vigorously disputed. Instead, Kaplan grilled Salame under oath for over 30 minutes in his Manhattan courtroom Thursday morning, accusing him of misrepresenting the plea negotiations. That left Kaplan in a bind: Either Salame lied in his plea hearing, throwing the plea into doubt. Bond would not be pursued if I plead guilty," Salame said.
Persons: , who's, Lewis Kaplan, Ryan Salame, Salame, Michelle Bond, Kaplan, Sam Bankman, Salame didn't, Bond, FTX, Mary Altaffer, wasn't, Danielle Sassoon, Christopher Bartolomucci, he'll, Salame's Organizations: Service, Alameda Research, FTX, Markets, Business, Prosecutors, AP, US, Office, Southern, of Locations: Manhattan, Alameda, of New York
The company is turning to Commerce Secretary Gina Raimondo for help. In a recent meeting with Raimondo, Intel CEO Pat Gelsinger voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing , the world's largest contract chipmaker. Intel is currently building out plants in four U.S. states as it seeks to become more of a foundry business, manufacturing chips for other suppliers. It's an increasingly important initiative for Intel, which is getting trounced in the market for microprocessors. Concerns have been rising for years that China could invade Taiwan, creating a massive risk for the U.S. chip industry.
Persons: Gina Raimondo, Joe Biden, Raimondo, Pat Gelsinger, chipmaker, Biden, It's, David Zinsner, Zinsner, Jensen Huang, Goldman Sachs, Huang, David Solomon Organizations: Semiconductors, America, White, Intel, U.S, Taiwan Semiconductor Manufacturing, Nvidia, Apple, CNBC disbursements, Devices, U.S . Commerce Department, AMD, Google, Broadcom Locations: U.S, Taiwan, Arizona, China
But Kardes says the challenge lies in "ensuring the external expertise is effectively integrated with the internal team…to prevent long-term dependency." People have been doing machine learning and other parts of AI for a long time, but [generative AI] is somewhat novel." Instead of hiring external AI consultants, he developed a "tiger team" — a specialized internal team dedicated to experimenting with AI. Gen AI resultsBitsight's AI experiment focused on automating a labor-intensive task: leveraging generative AI to process vast amounts of cybersecurity articles produced daily across multiple languages. Today the company has more than 200 AI models embedded in various applications and workflows, driving innovations in senior care.
Persons: Hakan Kardes, Kardes, upskilling, Stephen Boyer, they've, who've, Boyer, Bitsight's, We've, Ryan Sutton, Robert Half, Sutton Organizations: Meta, Health, Tech
CNN —The new NFL season couldn’t have started much worse for Joe Burrow and the Cincinnati Bengals. The quarterback missed the end of last season with a wrist injury to his throwing arm, requiring surgery and a spell on the sidelines. “I picked (the water bottle) up weird?” he said during a press conference, also explaining that his wrist feels “great.”“I don’t know. Burrow has shot down any injury concerns about his wrist, insisting it feels "great." “The more football you see throughout the season, the better you’re going to get,” Burrow said after Wednesday’s practice.
Persons: couldn’t, Joe Burrow, Burrow, , , ” Burrow, Carolyn Kaster, Patrick Mahomes, QBs, “ It’s Organizations: CNN, NFL, Cincinnati Bengals, New England Patriots, Super, Patriots, Bengals, Super Bowl, Kansas City Chiefs, Mahomes
CNN —A nearly four-year-old legal effort by Black voters to convince a court to prevent former President Donald Trump and the Republican Party from potentially intimidating voters and poll workers is quietly coming back to life as the 2024 election approaches. First brought in the days following the 2020 election, the lawsuit has moved slowly through the federal courts in Washington, DC, as Trump’s claims of presidential immunity from civil lawsuits were being litigated. It coincidently has landed before US District Judge Tanya Chutkan, the judge handling the federal election subversion charges against Trump. Attorneys for Trump and the RNC have asked to dismiss the case, saying any conduct at issue constitutes protected political speech. A federal judge found the two men liable for targeting Black voters in 2023, saying that their actions ran afoul of the KKK Act, the VRA and other laws.
Persons: Black, Donald Trump, coincidently, Tanya Chutkan, Trump, Rajiv Parikh, , , ” Chutkan, Jack Smith, Weeks, “ It’s, Parikh, they’ve, Ruth Greenwood, Greenwood, Jacob Wohl, Jack, Harris Organizations: CNN, Republican Party, US, Trump, Republican National, Republicans, GOP, Black, Democratic Party, RNC, Black voters, Ku Klux Klan, White, Michigan Welfare Rights Organization, Democratic National Committee, Harvard Law School, Democratic, Capitol Police, Biden Locations: Washington ,, Michigan, , New Jersey, Georgia, Pennsylvania, Charlottesville , Virginia, Texas
North Korea fired multiple short range ballistic missiles into waters east of the Korean peninsula on September 12, Seoul's military reported, days after the nuclear-armed North marked a state anniversary. After North Korea fired several ballistic missiles toward the Sea of Japan, Japanese Prime Minister Fumio Kishida said Thursday that he "strongly condemns" the move, adding that Tokyo has already "lodged a protest" with the Hermit Kingdom. Needless to say, the launch of ballistic missiles by North Korea is a violation of the UN Security Council resolutions," Kishida said. North Korea fired several short-range ballistic missiles off its east coast towards the Sea of Japan Thursday morning local time, according to the South Korean Joint Chiefs of Staff. In a statement, the U.S. Indo-Pacific Command also condemned the launch, calling on North Korea to "refrain from further unlawful and destabilizing acts."
Persons: Fumio Kishida, Kishida, Kim Jong Un Organizations: Korean, North, UN, South Korean Joint Chiefs, Staff, Korean Central News Agency, Pacific Command, ROK, Command Locations: Seoul, North Korea, Japan, Japanese, Tokyo, Hermit, U.S, South Korea, Korea, Pyongyang, East Sea
CNN —A pile of amputated limbs and the remains of several military horses have been excavated at the site of the Battle of Waterloo. The gruesome discovery was made at a farm in Belgium by Waterloo Uncovered, a UK charity that combines archaeology with veteran care. Veteran support charity Waterloo Uncovered is carrying out a targeted excavation at Mont-Saint-Jean farm in Belgium, which served as the Duke of Wellington's field hospital during the battle in 1815. Chris van Houts/PAThe trench is thought to have been designed to clear the hospital of gore after the battle. Photo12/Universal Images Group/Getty ImagesAccording to Waterloo Uncovered, its projects use the “unique lived experience of veterans and serving personnel to help interpret their discoveries.”Abigail Boyle, CEO of Waterloo Uncovered, said in the release: “It may seem counterintuitive to put injured veterans back on a battlefield, but it’s actually extremely beneficial.
Persons: Napoleon Bonaparte, Duke, Wellington’s, Gebhard Leberecht von Blücher, Jean, Tony Pollard, Chris van Houts, ” Pollard, ” Thousands, ” Abigail Boyle, it’s Organizations: CNN, Waterloo, University of Glasgow Locations: Belgium, Waterloo, Brussels, Mont
Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The sources declined to be named because the scope and details of the job cuts remained confidential. Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The job cuts come as Samsung grapples with mounting pressure on its key units. One of the sources familiar with the plans said the job cuts were being made in preparation for a slowdown in global demand for technology products as the global economy slows.
Persons: Samsung's, Samsung Organizations: Samsung Electronics, Reuters, Samsung, Manufacturing, South Korean, SK Hynix, Apple, Huawei Locations: Americas, Europe, Asia, Africa, South Korea, India, China
With the iOS 18 update, Apple is making it easier to repair your own iPhone, without the headache. The "Repair Assistant" feature will recognize genuine iPhone parts, allowing them to function properly. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple is finally allowing customers to repair or replace parts in their iPhones without (as much) of a headache. The new feature, which Apple first announced in April, will run through a calibration process to authenticate genuine new or used iPhone parts users have installed on their own.
Persons: , MacRumors Organizations: Apple, Service, Business
Historically, a rate cut has been a signal for central banks in emerging markets, like India, to follow by easing monetary policy in their regions. The latest data shows that the inflation rate appears to be heading in the wrong direction in India. The headline inflation rate rose in August to 3.65% compared to 3.6% in the previous month. Instead, markets have simply hit snooze on a rate cut by the Reserve Bank of India for the moment. If there's no global recession, a risk-on sentiment will likely help push up emerging market equities in the medium term after the U.S. central bank cuts rates.
Persons: Shah, Mahesh Nandurkar, Surendra Goyal, CNBC's, BofA, Banks Organizations: Federal, Reserve Bank of India, Reserve Bank, Capital Economics, India, greenback, Federal Reserve, Jefferies, Bank of America, Citi, India Research, Bank Locations: India, U.S
CNBC TechCheck Evening Edition: September 12, 2024
  + stars: | 2024-09-12 | 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 EmailCNBC TechCheck Evening Edition: September 12, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
CNN —A Manhattan grand jury has indicted Harvey Weinstein on new sex crime charges, according to his attorney Arthur Aidala. “The grand jury has indicted Mr. Weinstein,” prosecutor Nicole Blumberg said during a court hearing on Thursday. It could include sexual assault allegations from three women, prosecutors said at a separate hearing last week. One alleged assault occurred at a residential building in lower Manhattan in the winter months between 2005 and 2006. A source with knowledge of the matter told CNN that alleged assault is said to have occurred during in 2006.
Persons: Harvey Weinstein, Arthur Aidala, , Weinstein, Nicole Blumberg, Prosecutors, Jessica Mann, Mimi Haley, Judge Curtis Farber, andsentenced Organizations: CNN, Tribeca, Prosecutors Locations: Manhattan, Tribeca, Los Angeles
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Eli Lilly on Thursday said it will invest $1.8 billion to boost manufacturing for its newly approved Alzheimer's drug and highly popular weight loss and diabetes treatments, among other medicines, in Ireland. Eli Lilly also announced an $800 million facility expansion in Kinsale, Ireland. Eli Lilly has invested more than $20 billion to buy, build and expand manufacturing plants in the U.S. and Europe since 2020. Eli Lilly's main rival in the weight loss drug space, Novo Nordisk , has similarly poured in billions to boost production of its own treatments.
Persons: Eli Lilly, Eli, Edgardo Hernandez, Eli Lilly's Organizations: Novo Nordisk Locations: Indianapolis , Indiana, Ireland, Limerick, U.S, Kinsale, Europe, Novo
Read previewWhat's life like for Jordan Chiles after the 2024 Summer Olympics? Looking at Chiles' schedule over the last two weeks, it's no wonder she feels like she's in a whirlwind. Chiles also told Forbes that the experience led her to lose her love of gymnastics, which she had previously felt in 2018. Amanda Krause/Business InsiderBut Chiles said she's hoping to quickly move past the dark spot threatening to shadow her Olympic experience. Chiles added that she wants people to understand that while she's a professional athlete, she's first and foremost a human being.
Persons: , Jordan Chiles, I've, Chiles, Steven Ferdman, Ana Bărbosu, Forbes, Moira Forbes, Amanda Krause, she's, Simone, Biles, Naomi Baker, I'm Organizations: Service, Forbes Power Women's, MTV, Business, Getty, Sport, Forbes, International Gymnastics Federation, International Olympic Committee, Women's, New York, Milani Locations: Paris, Romanian, New
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlenty of logic for the Fed to 'front-load' rate cuts with 50 basis points, says BMO's Yung-Yu MaYung-Yu Ma, CIO of BMO Capital, joins CNBC's 'Money Movers' to discuss his expectations for the Fed, the health of retail sales, and more.
Persons: BMO's Yung, Yu Ma Yung, Yu Ma Organizations: Fed, BMO Capital
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