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☆ Earnings will soon drive equities markets: Neuberger Berman's Amato
▼ + stars: | 2023-03-29 | 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 EmailEarnings will soon drive equities markets: Neuberger Berman's AmatoJoe Amato, Neuberger Berman CIO, joins 'Squawk Box' to discuss his thoughts on the markets, if the market's already priced in the economy's bad news, and more.

☆ We are less favorable on government bonds right now, portfolio manager says
▼ + stars: | 2023-03-29 | 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 EmailWe are less favorable on government bonds right now, portfolio manager saysRob Dishner, managing director at Neuberger Berman, discusses government bonds and money markets on CNBC's "Squawk Box Europe."

☆ Former SEC lawyer discusses what lawmakers can do to strengthen the banking system
▼ + stars: | 2023-03-29 | 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 EmailFormer SEC lawyer discusses what lawmakers can do to strengthen the banking systemMark Berman, former U.S. Securities and Exchange Commission lawyer, says "very strong messages need to be sent to ringfence and prevent systemic risk and contagion."

☆ Some of the startups may have challenges as the funding environment gets tougher: Neuberger's Flax
▼ + stars: | 2023-03-28 | 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 EmailSome of the startups may have challenges as the funding environment gets tougher: Neuberger's FlaxDan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss the recent rally in mega-cap technology stocks, what could cast a cloud over the tech sector, and the mass layoffs in big tech.

[1/2] The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. The ruling by U.S. District Judge Richard Jones in Seattle on Friday came in a prospective antitrust class action that has estimated damages of between $55 billion to $172 billion. Amazon has denied the plaintiffs' claims, arguing that its "Fair Pricing Policy" has procompetitive benefits and that U.S. antitrust law encourages such a policy. Attorneys general in California and Washington, D.C., also have sued Amazon over pricing policies. The case is Frame-Wilson et al v. Amazon.com Inc, U.S. District Court, Western District of Washington, No.

☆ Gen Z is all about 'real moments' when traveling - and that means hotels are pushing to reinvent themselves fast
▼ + stars: | 2023-03-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Two Gen Z travelers tell Insider they're willing to pay up for an authentic experience that also feels luxurious. One hospitality expert says technology and convenience should be at the forefront of hoteliers' minds when targeting Gen Z guests. "When it comes to traveling, Gen Z prioritizes authenticity and living in the moment," said Sharon Silverstein, the head of US verticals at Snapchat parent company Snap. "(Gen Z wants) to feel like they're doing something – that they're relevant — because they're living at home and can't afford to live otherwise. So Gen Z spends its money on experiences, but they want those experiences to be educational and have values that support their beliefs," Dawson Sheehan said.

☆ Jan. 6 Rioter Gets Three-Year Sentence for Storming Nancy Pelosi’s Office
▼ + stars: | 2023-03-24 | by ( Jan Wolfe | ) www.wsj.com time to read: 1 min

Prosecutors portrayed Riley Williams, pictured in 2021, as a key figure in the Capitol riot. WASHINGTON—A Pennsylvania woman who led a mob into then-House Speaker Nancy Pelosi’s office suite during the Jan. 6, 2021, Capitol riot received a three-year prison sentence Thursday, after the judge rejected defense arguments that she was young and naive. U.S. District Judge Amy Berman Jackson imposed the sentence on 24-year-old Riley Williams at the end of a three-hour hearing.

☆ Factbox: Why a broad US TikTok ban is unlikely to take effect soon
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +4 min

Here is why:TRUMPCiting national security concerns, then-President Donald Trump told reporters he planned to ban TikTok in July 2020, threatening to shut it down if it could not be sold by its Chinese owner Bytedance to a U.S. buyer. But Trump's attempt to block TikTok with an executive order derived its power from the International Emergency Economic Powers Act. Even if it's sidestepped, greater legal questions remain," said John Costello, who oversaw the creation of the office at the Commerce Department to examine certain foreign technology for national security threats. HOW A BILL BECOMES A LAWWashington lawmakers have also launched two separate bills aimed at allowing the president to ban apps like TikTok on grounds they pose a risk to U.S. national security. "To justify a TikTok ban, the government would have to demonstrate that privacy and security concerns can't be addressed in narrower ways.

☆ Fossil fuels are the new nukes: Pacific island nations at risk from rising sea levels support a nonproliferation treaty for oil and gas
▼ + stars: | 2023-03-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Leaders from Pacific island nations at risk from the climate crisis gathered last week in Vanuatu. The nations of Vanuatu and Tuvalu support a treaty to limit fossil-fuel use. Public and private financing for fossil fuels is also still greater than investment in climate adaptation and mitigation. Developing countries need financing to reduce dependence on fossil fuels, Berman said. "A fossil-fuel treaty could shift the social norm and make expansion unacceptable within foreign policy," Berman said.

Courts blocked a prior bid by the Trump administration to ban the app in part on the grounds that such a move violated free speech protections. Courts struck down former President Donald Trump's bid to block TikTok in 2020 with an executive order that granted the Commerce Department similar authorities as the RESTRICT act. But the bill will likely provide no immediate solutions for those calling for a ban on the app. Some experts said using the new legal tools to ban TikTok could still invite First Amendment challenges. "And there will most likely be a legal challenge if its used to ban TikTok."

☆ A lot of money is on the line for women's pro soccer in the U.S.
▼ + stars: | 2023-03-21 | by ( Jessica Golden | ) www.cnbc.com time to read: +9 min

Restore faith in women's soccer and grow the business. The league averaged 37 sponsorship deals per team, which is more than any other women's sport, according to sports data and intelligence platform Sponsor United. Women's pro soccer valuations are also soaring. NWSL commissioner Jessica Berman speaks during the 2023 NWSL Draft at the Pennsylvania Convention Center on January 12, 2023 in Philadelphia, Pennsylvania. Culture changeOL Reign forward Megan Rapinoe (15) scores on a penalty kick during the second half of the National Womens Soccer League game between NJ/NY Gotham FC and OL Reign on September 21, 2022 at Red Bull Arena in Harrison, New Jersey.

☆ Everything you need to know about UBS's historic $3 billion deal to rescue rival bank Credit Suisse
▼ + stars: | 2023-03-21 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

UBS agreed to buy its longtime rival Credit Suisse for $3 billion on Sunday. There's one big winner — and lots of losers — from the Credit Suisse rescue deal. The deal announced Sunday afternoon valued Credit Suisse shares at just 0.76 Swiss francs, one-fifth of the price the Saudi National Bank paid. Lastly, the merger between UBS and Credit Suisse could be bad news for the Fed. Here's how the Credit Suisse rescue deal impacts the central bank.

☆ Stock futures are flat as investors await key Fed policy decision: Live updates
▼ + stars: | 2023-03-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Stock futures were little changed Tuesday evening as investors braced for the Federal Reserve's next move in its inflation-fighting rate hiking plan. S&P 500 futures added 0.01% and Nasdaq 100 futures hovered at the flat line. The moves came as fears over the ongoing banking crisis showed signs of easing, with investors "heartened by the increasing likelihood that the end of Fed policy tightening is near," said Brian Levitt, global market strategist for Invesco. "Fed tightening cycles typically end with a crisis, and those crises tend to end with policy responses. Investors are looking forward to the latest update from the Fed, at the conclusion of its two-day policy meeting on Wednesday.

☆ Hillary and Chelsea Clinton took in a Broadway show — and then someone pooped near them, per report
▼ + stars: | 2023-03-21 | by ( Taylor Berman | ) www.businessinsider.com time to read: +2 min

Somone pooped near Hillary and Chelsea Clinton during a Broadway play last week, Page Six reports. "The house crew dealt with it very appropriately and quickly, and Hillary and Chelsea remained in the theater for the second act," one source told Page Six. A second source disputed the serial pooping claim and said it was a one-off accident. Both Clintons stayed for the second act of the play at the Shubert Theater, per one of Page Six's sources. Spokespeople for Hillary Clinton and the Shubert Theater did not immediately respond to requests for comment from Insider.

☆ Notable legal clouds that continue to hang over Donald Trump in 2023
▼ + stars: | 2023-03-20 | by ( Dan Berman | ) edition.cnn.com time to read: +15 min

Trump has denied having an affair with Daniels and says the probe by Bragg, a Democrat, is politically motivated. According to the lawsuit, the Trump Organization deceived lenders, insurers and tax authorities by inflating the value of his properties using misleading appraisals. A federal judge ruled that Trump and FBI Director Christopher Wray can be deposed for two hours each as part of the lawsuit. “What (Trump’s lawsuit) lacks in substance and legal support it seeks to substitute with length, hyperbole, and the settling of scores and grievances,” US District Judge Donald Middlebrooks wrote. Woodward later released “The Trump Tapes,” an audiobook featuring eight hours of raw interviews with Trump interspersed with the author’s commentary.

A Manhattan grand jury weighing evidence for a possible Donald Trump "hush-money" indictment. Here's a timeline of Trump and Daniels' alleged relationship, the $130,000 payment to keep Daniels silent, and the testimonies leading to a possible indictment. Markus Schreiber/APManhattan District Attorney Alvin Bragg convened a grand jury in mid-January of this year to consider an indictment against Trump. And Trump's former fixer and lawyer Michael Cohen, prosecutors' key witness, has made repeated visits to the DA's office and to the grand jury. What could happen nextThe final witnesses were scheduled to testify before the grand jury on March 20, though it is unclear when the panel may vote.

☆ This is not even close to the same magnitude as 2008, says Neuberger Berman's Steve Eisman
▼ + stars: | 2023-03-20 | 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 EmailThis is not even close to the same magnitude as 2008, says Neuberger Berman's Steve EismanSteve Eisman of ‘Big Short’ fame and Neuberger Berman joins CNBC’s Brian Sullivan and ‘Last Call’ to discuss the current banking crisis.

☆ 10 stocks that are gaining market share for their disruptive innovations like AI, according to a portfolio manager
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

AI can be placed under the broad category of disruptive technology, which refers to innovations that change consumers' habits and displace old markets. Then, you have public cloud infrastructure that connects it all together, such as Amazon Web Services or the Google Compute Engine which provides infrastructure as a service (IaaS). For this reason, instead of taking the approach of creating something as narrow as an AI ETF, the ETF is focused on anything that signals disruption to an entire industry and changes the status quo. They have a "tremendous" market share in AI applications, and companies are hungry for their products, he noted. Analog Devices (ADI) provides technology that can translate atmospheric information into digital data to mean something to the hardware.

☆ Dollar Tree is perfectly positioned for this environment, says Neuberger Berman’s John San Marco
▼ + stars: | 2023-03-17 | 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 EmailDollar Tree is perfectly positioned for this environment, says Neuberger Berman’s John San MarcoJohn San Marco, Neuberger Berman portfolio manager, joins ‘Closing Bell’ to discuss the state of the consumer, how banking sector news has unnerved depositors, his take on Dollar Tree and Walmart, and more.

[1/2] Visa credit and debit cards are seen in this picture illustration taken August 2, 2022. REUTERS/Benoit TessierMarch 15 (Reuters) - A federal appeals court on Wednesday upheld a $5.6 billion antitrust class-action settlement with more than 12 million retailers that accused Visa Inc (V.N) and MasterCard Inc (MA.N) of improperly fixing credit and debit card fees. The operators and the companies both claimed to have been injured after accepting Visa and MasterCard for gas sales. The settlement resolved claims that Visa and MasterCard overcharged retailers on interchange fees, or swipe fees, when shoppers used credit or debit cards, and barred retailers from directing customers toward cheaper means of payment. Settling retailers would be barred from bringing further claims from within the 15-year class period, and for five more years after the settlement became final, court papers show.

☆ You don't want to be a hero in this environment, says 'Big Short' investor Steve Eisman
▼ + stars: | 2023-03-15 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou don't want to be a hero in this environment, says 'Big Short' investor Steve EismanSteve Eisman, Neuberger Berman sr. portfolio manager, "Big Short" investor, hedge fund manager on what the SVB collapse could mean for markets. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.

☆ You don't want to be a hero in this environment, says 'Big Short' investor Steve Eisman, Part 2
▼ + stars: | 2023-03-15 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou don't want to be a hero in this environment, says 'Big Short' investor Steve Eisman, Part 2Steve Eisman, Neuberger Berman sr. portfolio manager, "Big Short" investor, hedge fund manager, with more on what the SVB collapse could mean for markets. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.

☆ ‘Big Short’ investor Steve Eisman says if the Fed is scared to raise rates, you should be scared, too
▼ + stars: | 2023-03-15 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"Fifty basis points is off the table. So either they're going to do 25 basis points or they're going to do nothing," Eisman said on CNBC's " Fast Money " Wednesday evening. "If the Fed doesn't raise rates, … maybe it'll be positive for a couple hours or a couple of weeks," he said. Well, if the Fed is scared, you should be scared." Investors were concerned after the Saudi National Bank, Credit Suisse's largest investor, said it could not provide any more funding.

☆ Studio A24 captures Oscar spotlight with big wins for best picture, acting
▼ + stars: | 2023-03-13 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +7 min

LOS ANGELES, March 13 (Reuters) - Independent studio A24 was the big winner at Sunday's Academy Awards, taking nine awards out of its 18 nominations, including best picture and all four acting prizes. The studio's "Everything Everywhere All at Once" won seven Oscars, the most of the evening, including best picture. However, Brendan Fraser took the best actor prize for A24's "The Whale," which also won for best makeup and hairstyling. Not since the heyday of Miramax in the 1990s has an independent studio garnered such attention, talent and box office success, entertainment industry insiders say. EVERYTHING EVERYWHEREThe first film A24 produced and financed, together with Brad Pitt’s Plan B Entertainment, was “Moonlight,” which won the Oscar for best picture in 2017.

So You Want to Turn an Office Building Into a Home? There’s an appealing simplicity to the idea of converting office buildings into housing. Basically, they did this:How to Turn a 26-story Office Building Into a 30-story Apartment Building Cut a hole through 23 floors of the building. How to Turn a 26-story Office Building Into a 30-story Apartment Building Cut a hole through 23 floors of the building. That could change with tax abatements and subsidy programs, or if outdated office buildings lose so much value that the cost of acquiring them plummets.

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