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Citi raised its target price to $106 from $101, which amounts to about 25% upside from Thursday's $84.47 close. Ollie's stock has ticked down 6.2% in 2024. SoFi stock has been under pressure in 2024 with a nearly 27% pullback. —Brian Evans 6:07 a.m.: Pivotal Research Group raises Netflix price target to Wall Street high Pivotal Research Group expects Netflix to outperform estimates for subscriber growth and average revenue per user in 2024 and beyond. Netflix stock has surged about 27% in 2024.
Persons: McDonald's, Anthony Pettinari, Brian Evans, Ollie's, Anthony Chukumba, — Brian Evans, KBW, Keefe, Timothy Switzer, Jeffrey Wlodarczak, Piper Sandler, Krispy, Krispy Kreme, Piper, Brian Mullan, Mullan Organizations: CNBC, Netflix, Sofi Technologies, Citi, Capital, Holdings
CNN —ESPN executive Norby Williamson, who came under attack in recent months from host Pat McAfee in an on-air rant accusing the network veteran of “sabotage,” will depart the sports network. Norby Williamson will be leaving the company today after nearly 40 years of dedicated service,” Magnus wrote in the memo. “There are some people actively trying to sabotage us from within ESPN,” McAfee said on his program. “More specifically I believe Norby Williamson is the guy who is attempting to sabotage our program.”The public attack on a senior network executive stunned observers. “Almost 40 years ago in 1985, I was so very fortunate to be offered an opportunity at ESPN,” he wrote.
Persons: Norby Williamson, Pat McAfee, Burke Magnus, , ” Magnus, Norby, McAfee, Williamson, ” McAfee, there’s, , Aaron Rodgers, Jimmy Kimmel, Jeffrey Epstein, Kimmel, Rodgers, , we’ve Organizations: CNN, ESPN, YouTube, ESPN …, New York Jets, ABC
In 1999, a Florida lawyer, Anuraag Singhal, represented a man convicted of gunning down a police officer. Singhal had to somehow persuade a jury that his client, Jeffrey Lee Weaver, should face life in prison rather than the electric chair, the punishment the hard-charging prosecutor sought. The article described tears rolling down his cheeks, and his voice breaking with emotion as he pleaded for Weaver’s life. A divided jury recommended life in prison. He would become active in conservative legal circles, joining the local chapter of the Federalist Society.
Persons: Anuraag, gunning, Singhal, Jeffrey Lee Weaver, Jeff Weaver, you’ll, ” Singhal, Donald Trump, Catherine Cortez Masto, Jacky Rosen, Joe Manchin Organizations: The Sun Sentinel, Federalist Society, Democratic Locations: Florida, Nevada, West Virginia
Why did billionaire Leon Black pay Jeffrey Epstein $158 million for estate-planning advice? Black has an answer: He wasn't keeping track of it; $158 million doesn't mean much to him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or, at least, that's what financier Leon Black says about his relationship with disgraced pedophile Jeffrey Epstein. This story is available exclusively to Business Insider subscribers.
Persons: Leon Black, Jeffrey Epstein, Black, , Black's, Epstein Organizations: Service, Business
Prince Andrew is making public appearances with the royal family after stepping down in 2019. AdvertisementAs Kate Middleton stepped out of the public eye for cancer treatment, Prince Andrew was seemingly making his way back in. Andrew, 64, has attended several high-profile events with the royal family in recent months. Princess Beatrice and Prince Andrew. Prince Andrew and Sarah Ferguson are photographed with members of the royal family before the Thanksgiving Service for King Constantine.
Persons: Prince Andrew, Andrew —, , Kate Middleton, King Constantine, King Charles, Camilla, Kristen Meinzer, Andrew, Duke, York, Jeffrey Epstein, Andrew wasn't, Princess Beatrice's, Princess Beatrice, Max Mumby, patronages, Sarah Ferguson, Princess Anne, Duchess, Edinburgh, Sir Tim Laurence, Prince William, King, Sarah, Beatrice, Anne, Mike Tindall, Charles, Kate, William, Prince Harry, Meghan Markle, Andrew Matthews, Harry, Meinzer, Evan Nierman, Nierman, Marlene Koenig, Richard Fitzwilliams, That's, Koenig, Grant, Buckingham Organizations: Service, Business, Netflix, Sunday, Anadolu, Getty, Brand Finance Locations: Andrew, George's, Windsor Castle, Zara
The ethics charges that were brought against Clark by the DC Bar’s Office of Disciplinary Counsel allege that he was dishonest and attempted to interfere with the administration of justice after the 2020 election. An attorney for Clark at the trial attempted to highlight how Clark was working on the behalf of the then-president after the election. But several former higher-ranking Justice Department officials, including then-acting Attorney General Jeffrey Rosen and then-Deputy Attorney General Richard Donoghue, testified at the trial that Clark’s efforts within the DOJ were out of line. Clark brought lawsuits challenging the validity of the DC Bar’s disciplinary proceedings against him. Others who worked for Trump after the election are also facing attorney discipline consequences, with each at different stages.
Persons: Jeffrey Clark, Donald, Clark, Trump, Jeffrey Rosen, Richard Donoghue, Rudy Giuliani, John Eastman Organizations: Washington CNN, Trump Justice Department, DC, DOJ, Trump, White, Former New York, disbarment, New Locations: Washington ,, Georgia, New York, California
Read previewSean "Diddy" Combs' ex-girlfriend Misa Hylton said federal agents used "excessive" force against the rap mogul's son, as she shared new footage of the raid on his Los Angeles home last month. "The over zealous and overtly militarized force used against my sons Justin and Christian is deplorable," Hylton wrote in the caption. AdvertisementThe surveillance footage appeared to show Christian Combs being handcuffed against a wall and officers pointing firearms at Justin Combs. Hylton added that Justin Combs' attorney, Jeffrey Lichtman, was investigating what she described as "the excessive use of force." Joi Stokes / WireImageRepresentatives of Combs and his sons, Hylton, and the Department of Homeland Security did not immediately respond to a request for comment from BI.
Persons: , Sean, Diddy, Combs, Misa Hylton, Aaron Dyer, Hylton, Justin Dior Combs, Christian Combs, Kim Porter, Justin, Christian, Justin Combs, Jeffrey Lichtman, Joi Stokes, Dyer, Mr Organizations: Service, Department of Homeland Security, Business, Forbes, Los Angeles Times, MEN Locations: Los Angeles, LA, Miami, Instagram, WireImage
Dominic Burgess plays Hamish MossHamish is the director of Anna's movie "The Auteur." One of his best-known roles was in Murphy's 2017 series "Feud: Bette and Joan," where he played closeted gay actor Victor Buono. He also played the serial killer John Wayne Gacy in Murphy's 2022 Netflix series "Dahmer — Monster: The Jeffrey Dahmer Story," and had a small role in "American Horror Story" season eight. In "Delicate," he plays Hamish Moss, the director of Anna's award-winning movie "The Auteur." As Hamish recounts, Siobhan gave him the script with no explanation and told him he had to make the movie specifically with Anna.
Persons: Dominic Burgess, Hamish Moss Hamish, Steve Granitz, who's, Who, Bette, Joan, Victor Buono, John Wayne Gacy, Dahmer, Jeffrey Dahmer, Hamish Moss, Anna's, Siobhan, Hamish, Anna
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis could be the end of Nelson Peltz, says Yale's Jeffrey Sonnenfeld on Disney's board voteHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Nelson Peltz, Yale's Jeffrey Sonnenfeld, Brian Sullivan, Organizations: CNBC
As for the newsletter, in today's big story, we're breaking down Disney's big proxy fight . Activist investor Nelson Peltz's proxy fight against Disney for two seats on the company's board comes to a head at its annual shareholder meeting today. The total amount spent between Disney and its rivals wrangling votes is estimated to be at least $70 million, a record for a proxy fight. The statue of Walt Disney and Mickey Mouse at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida. 3 things in businessWin McNamee/Getty Images; Chelsea Jia Feng/BIIn other newsAdvertisementWhat's happening todayThe Walt Disney Company's annual meeting will be held today.
Persons: , Congrats, ya, Bob Iger, Nelson Peltz, Neilson Barnard, David A, Grogan, Nelson, Madeline Berg, BI's Peter Kafka, BI's Grace Eliza Goodwin, Walt Disney, Mickey Mouse, Joe Burbank, Rowe Price, Peltz's Trian, Neuberger Berman, Peltz, It's, Trian, they're, Stocks, Ray Dalio, it's, Quincy Krosby, Jeffrey Buchbinder, Alyssa Powell, Win McNamee, Chelsea Jia Feng, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, National, Getty, Disney, Magic, Walt Disney World, Orlando Sentinel, Tribune, Wall, BlackRock, Peltz's Trian Partners, California Public Employees, Financial Times, DuPont, Fed, JPMorgan, Bridgewater Associates, Astera Labs, Arm Holdings, LPL Financial, Apple, Nvidia, BI, Walt Locations: , Virginia, Lake Buena Vista , Florida, China, Haiti's, New York, London
Russia's economic strength is likely to wane this year, economists say. Putin's economic fantasyThe tailspin Sonnenfeld, Tian, and Guriev are predicting seems contradictory to what Russia is presenting on the surface. Russian inflation is also high, clocking in at 7.58%, according to data from Russia's economic ministry. Guriev doesn't believe Russia's economy will completely unravel, as central bankers will work hard to limit the damage. Advertisement"It's unlikely the Russian economy will spiral into a macroeconomic meltdown, and that the Russian political system will," he said.
Persons: Putin, Joe Biden, , Vladimir Putin, Jeffrey Sonnenfeld, Steven Tian, Tian, Trump's, Sergei Guriev, Sonnenfeld, he's, Guriev, Putin's Organizations: Service, Yale, London Business School, Russia Locations: Russia, Ukraine, Russian, Moscow, Soviet
Cooling inflation data means the Fed is in position to cut rate in June, LPL's chief economist said. The PCE index, which is the Fed's preferred inflation gauge, decelerated to a 0.3% monthly increase, down from 0.5% in January. Services spending has slowed which indicates that growth in consumer spending will ease in the coming months, Jeffrey Roach said. AdvertisementThe latest inflation data has rolled in in line with expectations, and it's good news for those waiting on rate cuts. The Personal Consumption Expenditures index — which is the Fed's preferred inflation gauge — decelerated to a 0.3% monthly increase, down from 0.5% in January.
Persons: LPL's, Jeffrey Roach, Organizations: Services, Service, Business
And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?
Persons: , Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, , Monaco Yacht Locations: Russian, superyachting
Jeffrey Donaldson, leader of the Democratic Unionist Party and one of Northern Ireland’s most prominent and influential politicians, resigned his leadership of the party on Friday, after being charged with “historical” sex offenses. The resignation, which sent shock waves through Northern Irish politics, was announced in a statement from the D.U.P. which said it was also suspending Mr. Donaldson as a party member pending a judicial process. The party said that it had received a letter from Mr. Donaldson “confirming that he has been charged with allegations of an historical nature and indicating that he is stepping down as leader.”Earlier on Friday the Police Service of Northern Ireland said that it had “charged a 61-year-old man for non-recent sexual offenses.” It added that “a 57-year-old woman was also arrested and charged at the time for aiding and abetting additional offenses.”
Persons: Jeffrey Donaldson, Donaldson, Donaldson “ Organizations: Democratic Unionist Party, Police Service of Northern Locations: Northern, Police Service of Northern Ireland
CNN —The leader of the Democratic Unionist Party (DUP), Northern Ireland’s main pro-union party, is stepping down after he was charged with “allegations of an historical nature,” the DUP announced on Friday. “Detectives from the Police Service of Northern Ireland arrested and charged a 61-year-old man for non-recent sexual offences,” the Police Service of Northern Ireland (PSNI) statement said. Northern Ireland’s First Minister Michelle O’Neill said Friday her “priority” was to “continue to provide the leadership the public expect and deserve” following Donaldson’s resignation. Under his leadership, the DUP refused to participate in Northern Ireland’s power-sharing government in protest over post-Brexit trading rules. The DUP announced on Friday it had unanimously appointed Gavin Robinson as interim party leader.
Persons: Jeffrey Donaldson, Mr Donaldson, , Donaldson, Michelle O’Neill, , O’Neill, Sinn Fein, Emma Little, ” Donaldson, Gavin Robinson Organizations: CNN, Democratic Unionist Party, DUP, Northern Ireland’s, Party, Party Officers, Police Service of Northern Ireland, Police Service of Northern, Facebook, Northern Irish, United, Ulster Unionist Party Locations: Northern, Police Service of Northern Ireland, Newry, Ireland, Northern Ireland
It took Precious Price eight months and $35,000 to convert a 12-by-24-food shed into a tiny home in her backyard in Atlanta. Try hitting Ctrl + F to look for the terms "accessory dwelling unit" or "guest house" in your zoning code. Plumbing and electricity aren't a givenShed options typically aren't equipped with essential utilities like plumbing and electrical systems. If you want a floor with that Costco shed, you're already up to $6,000, even with the sale. And the interior build-out adds up with insulation, drywall, plumbing, electrical wiring, and furnishings.
Persons: Precious Price, Jeffrey Beard, I've Organizations: Costco, CNBC Locations: Atlanta
Unlike Obama and Clinton before him, Biden is running against a candidate only a few years his junior. It was a twist on how Clinton answered a question about Dole's age during the second presidential debate in 1996. There is not much precedent for the event Biden's campaign is putting on Thursday. Obama, Biden and Clinton will inevitably go down memory lane during a discussion moderated by comedian Stephen Colbert. Aside from private conversations, Biden also often directs his top aides to follow up with Obama or Clinton on various topics of conversation.
Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, George H.W . Bush, Bob Dole, John McCain, , Biden, Obama, Clinton, Still, Dole, McCain, Seth Meyers, Donald Trump, Sen, Scott Reed, Reed, Mike Pence's, — McCain, Mark Salter, George W, Bush, Hillary Clinton, Salter, McCain's, Mindy Kaling, Jill Biden, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Annie Leibovitz, Harris, Jeffrey Katzenberg, Rufus Gifford, Chris Korge, Condé, Anna Wintour, Julie Chavez Rodriguez, DJ D, Stephen Colbert, Jeff Zients, Anita Dunn, Steve Ricchetti, Bruce Reed, Jen O'Malley Dillon, Mike Donilon, Ricchetti Organizations: West Virginia State Capitol, NBC, NBC News, Democratic, Radio City Music Hall, Biden, Biden Victory Fund, DJ, Affordable, Trump, he's Locations: Charleston , West Virginia, New York, New Hampshire
Political preferences are often summarized on two axes. models allows us to see how a model’s political preferences develop. Source: Rozado (2024), The Political Preferences of LLMsWhat determines the political preferences of your A.I. Political preferences learned from those topics may then be broadly applied across the board to many other subjects as well. If one wants to steer this process directionally, Mr. Rozado proves it is straightforward to do.
Persons: Chatbots, Tomi Um, David Rozado, Rozado’s, , , Elon Musk, ” A.I, Google’s Gemini, tinker, Rozado, RightWingGPT, LeftWingGPT, chatbots Organizations: Google, Big Tech, Conservative, Government, Self, Mr, Liberal, Democratic, Yorker, YouTube, Facebook Locations: A.I, , America
A member of Brawner Builders survived the Francis Scott Key Bridge collapse. The bridge collapse was triggered by a ship collision. AdvertisementOne construction worker survived the devastating collapse of the Francis Scott Key Bridge in Baltimore on Tuesday morning. Six other workers are presumed dead, Jeffrey Pritzker, the executive vice president of Brawner Builders, the workers' employer, confirmed to Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: Francis Scott Key, , Jeffrey Pritzker, Pritzker Organizations: Builders, Service, Brawner Builders, Business Locations: Baltimore
Jesus Campos said he worked at Brawner Builders alongside the men missing after a bridge collapse in Baltimore. “We’re low-income families,” said Jesus Campos, who has worked at the construction company, Brawner Builders, for about eight months. The executive, Jeffrey Pritzker, and the Coast Guard said that all of the missing workers were presumed dead, given how long it had been since the collapse. Embassies for the other two countries mentioned by Mr. Campos did not immediately respond to requests for comment. Officials said that in addition to the six missing workers, two people had been rescued from the water.
Persons: Jesus Campos, , , Jeffrey Pritzker, Mr, Pritzker, “ It’s, Campos, Francis Scott Key, Miguel Luna, Luna, Gustavo Torres, Jacey Fortin, Miriam Jordan, Patricia Mazzei, Emiliano Rodríguez Mega, Kirsten Noyes Organizations: Brawner Builders, Brawner, Coast Guard, Baltimore Banner Locations: Baltimore, Baltimore County, El Salvador, Guatemala, Honduras, Mexico, Maryland, Petén, Mexican, Washington, Brawner
Read previewFormer President Donald Trump is a publicly tradeable asset once again. Trump's initials are one of the new stock symbols for Truth Social's parent company. Symbols can range from the fairly obvious APPL (Apple) to the playful, motorcycle maker Harley-Davidson uses HOG on the New York Stock Exchange. Trump's political fortunes will be closely tied to Truth Social's parent, Trump Media & Technology Group. By 2004, the company was delisted from the New York Stock Exchange after filing for Chapter 11 bankruptcy protection.
Persons: , Donald Trump, Davidson, Trump, It's, Jeffrey Yass, Donald Trump Jr Organizations: Service, Nasdaq, New York Stock Exchange, Business, Trump Media & Technology Group, Trump Media, Susquehanna International Group, New York Times, Biden, Susquehanna, Trump Hotels, Casino Resorts, Atlantic Locations: Yass
A member of Brawner Builders survived the Francis Scott Key Bridge collapse. The bridge collapse was triggered by a ship collision. AdvertisementOne construction worker has survived the devastating Tuesday morning collapse of the Francis Scott Key Bridge in Baltimore. Six other workers are presumed dead, however, Jeffrey Pritzker, the executive vice president of Brawner Builders, the workers' employer, confirmed to Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: Francis Scott Key, , Jeffrey Pritzker, Pritzker Organizations: Builders, Service, Brawner Builders, Business Locations: Baltimore
The US government's ballooning interest payments are eating a hole in its budget, they said. "We are headed toward record spending levels, record deficit levels, record debt levels, record interest payments — the list goes and on," Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, told Fox Business this week. While the US isn't at imminent risk of that kind of chaos, bond markets could "snap back" if the government's interest payments soar to $1 trillion in 2026 as expected, Swagel said. AdvertisementHowever, she noted that some experts on Wall Street were "incredibly worried" about the national debt and interest payments. DoubleLine Capital CEO Jeffrey Gundlach has also sounded the alarm on debt payments.
Persons: , MacGuineas, Philip Swagel, Liz Truss, Swagel, bitcoin, Jim Rogers, George Soros, He's, Jeffrey Gundlach Organizations: Investors, Service, Federal Budget, Fox Business, Congressional, Office, Financial Times, Bank of, CBO, Wall, DoubleLine
As the election approaches, President Biden is making regular calls to former President Barack Obama to catch up on the race or to talk about family. But Mr. Obama is making calls of his own to Jeffrey D. Zients, the White House chief of staff, and to top aides at the Biden campaign to strategize and relay advice. This level of engagement illustrates Mr. Obama’s support for Mr. Biden, but also what one of his senior aides characterized as Mr. Obama’s grave concern that Mr. Biden could lose to former President Donald J. Trump. The aide, who was not authorized to speak publicly, said that Mr. Obama has “always” been worried about a Biden loss. In a memoir, “Promise Me, Dad,” Mr. Biden wrote that Mr. Obama told him that if he “could appoint anyone to be president for the next eight years,” it would have been Mr. Biden.
Persons: Biden, Barack Obama, Obama, Jeffrey D, Donald J, Trump, , Biden’s, Bill Clinton, Beau, ” Mr Organizations: White House, Biden, Radio City Music Hall Locations: New York
A construction company employee who said he labored alongside the six men missing after a Baltimore bridge collapse on Tuesday said many of his co-workers were migrants working to support their relatives. “We’re low-income families,” said Jesus Campos, who has worked at the construction company, Brawner Builders, for about eight months. The executive, Jeffrey Pritzker, and the Coast Guard said that all of the missing workers were presumed dead, given how long it had been since the collapse. Mr. Pritzker said that Brawner’s owner was distressed and spent the early Tuesday hours near the bridge hoping for a rescue, and has also since met with families of all of the missing workers. He wore a black sweatshirt bearing the construction company’s name and milled about, waiting for news and speaking on the phone.
Persons: , , Jesus Campos, Jeffrey Pritzker, Mr, Pritzker, “ It’s, Campos, Francis Scott Key Organizations: Brawner, Coast Guard Locations: Baltimore, Baltimore County
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