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President-elect Donald Trump is planning to nominate South Dakota Republican Gov. Kristi Noem to serve as the secretary of the Department of Homeland Security, according to four sources familiar with the decision. As Homeland Security secretary, Noem would oversee a number of key federal agencies including U.S. Immigration and Customs Enforcement, U.S. Customs and Border Protection, the Federal Emergency Management Agency (FEMA), the U.S. Secret Service, TSA and the Coast Guard. Noem has criticized President Joe Biden's handling of the border, echoing arguments made by Trump that violent criminals are flooding into the country. Similar to Trump's other allies, Noem had signaled support for his efforts to overturn the 2020 election results.
Persons: Donald Trump, Kristi Noem, Noem, Joe Biden's, Jan, Mike Pence Organizations: South Dakota Republican Gov, Department of Homeland Security, Homeland, . Immigration, Customs, . Customs, Federal Emergency Management Agency, FEMA, Secret Service, TSA, Coast Guard, Oglala Sioux Tribe, Trump, Press, White, CNN Locations: U.S, Mexico, Texas, Oglala, South Dakota
HONG KONG — Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy activist and tycoon Jimmy Lai. He said Hong Kong, whose government denies that judicial independence is under threat, also valued the rule of law. “In these respects, I hope that all countries will respect the Hong Kong Special Administrative Region and avoid political interference that could affect the judiciary and normal commercial activities in Hong Kong,” he said. Hong Kong also enacted its own national security legislation in March. Pro-democracy activist Jimmy Lai being escorted out of court in Hong Kong in 2021.
Persons: Hong Kong’s, Donald Trump, Jimmy Lai, Lai, Hong, Trump, Hugh Hewitt, I’ll, Lee, , , Hong Kong, . Lai, John Burns, ” Burns, ” Lai, Burns, Sen, Marco Rubio, ” Lee Organizations: Apple, Hong, Administrative, AFP, Getty, University of Hong, NBC News, , Trump, Republican, Fraser Institute Locations: HONG KONG, Hong, China, Hong Kong, United States, U.S, Beijing, British, ., University of Hong Kong, ” Hong Kong, Washington , New York, San Francisco, Vancouver, Singapore
Among other findings, it warns that several key climate tipping points appear more likely to be reached than previously thought. Ice loss from the Thwaites Glacier, also known as the “Doomsday” glacier because its collapse could precipitate rapid Antarctic ice loss, may be unstoppable. These are just a few of the stark findings from more than 50 leading snow and ice scientists, which are detailed in a new report from the International Cryosphere Climate Initiative. The report highlights a shift in consensus: Scientists once thought tipping points — like the collapse of AMOC — were distant or remote possibilities. Even if they were on track, those commitments are insufficient to reach global climate goals, the authors say.
Persons: it’s, , Helen Findlay, , AMOC, Julie Brigham, We’ve, Sean Gallup, ” Findlay, Mukhtar Babayev, Donald Trump, Trump, Joe Biden, Peter Neff, there’s, ” Neff Organizations: Initiative, Southern Hemisphere, Plymouth Marine Laboratory, Copernicus, ESA, United Nations, University of Massachusetts Amherst, Getty, , University of Minnesota Locations: Venezuela, Atlantic, Europe, England, Iceland, Alaska, Asia, Baku, Azerbaijan, Paris, Ilulissat, Greenland, U.S
CNN —In the Australian city Geelong, just south of Melbourne, thousands are lining up for the rare chance to see – and smell – an unusual plant. It’s the so-called “corpse flower,” or Amorphophallus Titanum (often shortened to Titan Arum), named after the putrid stench it releases when it blooms to attract pollinators like beetles and flies. This plant was only gifted to Geelong Botanic Garden in 2021 from the State Herbarium in Adelaide, South Australia, and for years horticulturalists have been watching and waiting for signs of a nascent bud. So far, visitors have described the smell as similar to a dead mouse or a stinky pond, the city website said. The plant can live over 30 to 40 years – meaning it only blooms a handful of times in its entire lifetime.
Persons: Reese McIlvena, Ali Wastie Organizations: CNN, Geelong, Nine, Geelong Botanic Garden, State Herbarium, Geelong Botanic Gardens, Greater Geelong, Nine News, IUCN Locations: Melbourne, Adelaide, South Australia, ” City, Greater, Indonesia, California
It previously expected total sales to rise by between 2.5% and 3.5% for the year. Home Depot customers have continued to put off projects, even though they're in good financial shape, he said. It marked the eighth consecutive quarter of negative comparable sales at Home Depot, though the smallest drop since the string of declines began. Sales related to Hurricanes Helene and Milton contributed about one half a percentage point of sales growth to the quarter. Even as Home Depot reports modest growth, some investors have bet the company will see stronger sales in the near future.
Persons: Richard McPhail, They're, McPhail, Hurricanes Helene, Milton, Donald Trump, We've, Steve Madden, Skelly Organizations: CNBC, LSEG, Revenue, Home, Shoppers, Weather, Home Depot, Hurricanes, Federal Reserve, Depot Locations: Mexico City, Mexico, U.S, Texas, China, North America, Santa Claus
New York CNN —“All we have to have is just a human form to be a victim.” That’s how lawyer Carrie Goldberg describes the risk of deepfake porn in the age of artificial intelligence. In the past year, targets of AI-generated, nonconsensual pornographic images have ranged from prominent women like Taylor Swift and Rep. Alexandria Ocasio-Cortez to high school girls. Goldberg said that for people targeted by AI-generated sexual images, the first step — however counterintuitive — should be to screenshot them. The fight to address nonconsensual explicit images and deepfakes has received rare bipartisan support. (AI-generated sexual images of children typically fall under child sexual abuse material laws.)
Persons: , Carrie Goldberg, they’ve, Taylor Swift, Alexandria Ocasio, Cortez, Goldberg, C.A, Clare Duffy, ” Goldberg, deepfakes, Republican Sen, Ted Cruz, , Democratic Sen, Amy Klobuchar, “ There’s Organizations: New, New York CNN, Nonprofit, Capitol, Republican, Democratic Locations: New York, Alexandria, York
Market Open: November 12, 2024
  + stars: | 2024-11-12 | 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 EmailNews Update – Market OpenCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
The news Activist hedge fund Elliott Management on Tuesday disclosed a more-than-$5 billion stake in Honeywell —arguing the industrial conglomerate should consider a breakup. Elliott's position in Honeywell is its largest ever in a single stock, according to Bloomberg News, which first reported the activist's plans. The crux of Elliott's plan is a separation of Honeywell's aerospace and automation businesses into standalone companies. Honeywell's stock is up nearly 32% over the past five years compared with a 92% gain for the broader S & P 500 . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer isn't, Elliott, Honeywell —, Stacey Jones, Vimal Kapur, Jim, Honeywell, we've, We've, Jim Cramer's, Jim Cramer Organizations: Honeywell, Elliott Management, Bloomberg News, CNBC, Carrier, Wall, Robotics, Honeywell Intelligrated
European markets are heading for a lower open Tuesday, as investors assess what U.S. President-elect Donald Trump's return to the White House could mean for the region's economy amid worries about possible tariffs. The U.K.'s FTSE 100 index is expected to open 18 points lower at 8,054, Germany's DAX down 93 points at 19,355, France's CAC down 34 points at 7,392 and Italy's FTSE MIB down 157 points at 33,659, according to data from IG. Investors will scrutinize a fresh batch of economic data this week, including an inflation reading from Germany on Tuesday, and U.S. inflation and U.K. gross domestic product on Thursday. Infineon, Bayer, Vodafone and AstraZeneca will report earnings, while U.K. unemployment and European and German ZEW economic sentiment figures are also due today. Asia-Pacific markets mostly fell overnight with investors exercising caution even as US.
Persons: Donald Trump's, Germany's DAX Organizations: France's CAC, IG, Infineon, Bayer, Vodafone, AstraZeneca Locations: Germany, Asia, Pacific
Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.
Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, , Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, , ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. If management has anything positive to say about the highly profitable segment, it "would really move the stock," Jim said. 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, we've, Jim, Evercore, Stocks, Bristol Myers, Shopify, Tyson, Okta, Jim Cramer's Organizations: CNBC, Club, Home Depot, Citigroup, Analysts, Broadcom, Google, Nvidia, Disney, Evercore ISI, Netflix
"We have seen basically what people are calling the 'Trump Pump,'" Robinhood CEO Vlad Tenev said on "Squawk Box." Crypto markets have rallied sharply since the election of Trump, with bitcoin hitting record highs near $90,000. "There's widespread optimism that the Trump administration, which has stated that they wish to embrace cryptocurrencies and make America the center of cryptocurrency innovation worldwide, is going to have a much more forward-looking policy towards this new industry," Tenev continued. The Biden administration's Securities and Exchange Commission, led by Chairman Gary Gensler, took a combative stance toward crypto, with regulators taking legal action against several leading crypto firms, including Coinbase. But Trump appeared to welcome support from the crypto industry during his campaign, including speaking at the Bitcoin Conference earlier this year.
Persons: Donald Trump, Vlad Tenev, Trump, Tenev, Gary Gensler, Brian Armstrong Organizations: CNBC, Trump, Biden administration's Securities, Exchange Commission, Bitcoin Locations: America, U.S
CNN —A sculpture bought for just £5 ($6) and used as a doorstop could sell for more than £2.5 million ($3.2 million) after a Scottish court gave the green light for its sale. In 1998, the bust was found being used to keep open a shed door on an industrial park, according to the Highland Council. In a May report on the proposed sale, the Highland Council said a private overseas buyer had contacted auction house Sotheby’s and put forward an offer of more than £2.5 million. Following a public consultation earlier this year, members of a council committee recommended that the bust should be sold. By June, the wider council had agreed to the proposal, the spokeswoman told CNN.
Persons: Edmé Bouchardon, John Gordon, Gordon, , Invergordon, Organizations: CNN, Scottish Highlands, region’s Highland Council, Highland Council, Getty Museum, ” CNN, Central Michigan University Locations: Tain, Invergordon, Paris, Los Angeles
Take workplace life insurance policies, which you can often opt into during open enrollment by simply checking a box. "The biggest mistake I see during open enrollment is people not listing beneficiaries or listing minors as beneficiaries on their workplace life insurance," she says. Be smart about beneficiariesIt's easy to gloss over the life insurance portion of the open enrollment. In the event of your death, the payout on your policy — often the equivalent of about a year's salary — will go to whomever you choose during open enrollment. Her advice to parents of small children: Name your spouse as a primary beneficiary and secondarily leave the money to a trust you have set up for your children.
Persons: Carolyn McClanahan Organizations: Planning
CNN —The Supreme Court on Tuesday turned away an appeal from John Nassif, a January 6 defendant who challenged a law that bans “parading, picketing, and demonstrating” at the US Capitol as a violation of the First Amendment. After he was charged with four misdemeanor counts, he attempted to have the charge forbidding “parading, demonstrating, or picketing in a Capitol building” dismissed. Lower courts, including the federal appeals court in Washington, DC, declined to do so. The appeals court ruled that the Capitol buildings are not a public forum open to protests. “Nassif has not established that the Capitol buildings are, by policy or practice, generally open for use by members of the public to voice whatever concerns they may have – much less to use for protests, pickets, or demonstrations,” a three-judge panel ruled.
Persons: John Nassif, , “ Nassif Organizations: CNN, Capitol Locations: Washington , DC
However, experts warn that what they call prolonged sitting on the toilet can harm your health. “When patients present to me with complaints, one of the main areas we have to delve deeply into is spending a lot of time on the toilet,” Xue said. The pelvic floor muscles are another type of muscle weakened from prolonged toilet sitting. “Make sitting on the toilet bowl as uninteresting as possible.”If you’re having trouble relieving yourself, Xue advised quitting after 10 minutes. Worsening constipation or a need to sit on the toilet for a long time may also be a sign of cancer.
Persons: CNN —, I’ve, Lai Xue, , ” Xue, Dr, Farah Monzur, Xue, Monzur, Lance Uradomo, ” Monzur, ” Uradomo, he’s, you’ve, Jocelyn Solis, Moreira Organizations: CNN, University of Texas Southwestern Medical Center, Stony Brook Medicine, City of, National Academy of Medicine, US Department of Agriculture, American Cancer Society Locations: Dallas, Stony, Long, , New York, City, City of Hope Orange County, Irvine , California, New York
Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.
Persons: Goldman Sachs, David Solomon, , revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, , Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, , Goldman Sachs
Trump has said he plans to bring down gas prices by boosting US oil production. AdvertisementDuring the presidential campaign, Trump said that he planned to lower energy prices — including the cost of gas — by increasing US oil production. Cahill added that he expects the US to increase oil production, but it will happen gradually. However, he said boosting oil production while keeping prices at a desired level is a "delicate balance" for the industry. "If oil prices drop, you're likely to see a natural decline in US oil production over the long run," he said, adding, "Oil companies have shareholders to be accountable to."
Persons: Trump, Darren Woods, , Donald Trump's, Semafor, Ben Cahill, Cahill, Woods, Patrick De Haan, Joe Biden Organizations: ExxonMobil, Service, Energy, University of Texas, US Energy Information Administration, CNBC, Trump, OPEC, US, Wall Street, Exxon Locations: China, Austin, Gulf, Mexico, Paris
"There are many things in this world that we cannot control," Masuno wrote. Accepting that most things are out of our control can be tough, but there's freedom and peace in letting go, Shunmyo Masuno says. Aim to be more detached in relationshipsKeep in mind that there is a very fine line between being attentive and being meddlesome, Masuno wrote. Try not to worry about every little thingSometimes it's in your best interest to be more skilled at forgetting, Masuno wrote. "Don't leave your eyes and ears open all the time," Masuno wrote.
Persons: Masuno, Shunmyo Masuno, it's, You'll, John F, Kennedy, you'll Organizations: CNBC
London AP —British writer Samantha Harvey won the Booker Prize for fiction on Tuesday with “Orbital,” a short, wonder-filled novel set aboard the International Space Station that ponders the beauty and fragility of Earth. The prize is open to English-language writers of any nationality and has a reputation for transforming writers’ careers. De Waal praised the “crystalline” writing and “capaciousness” of Harvey’s succinct novel — at 136 pages in its UK paperback edition, one of the shortest-ever Booker winners. Harvey is the first female Booker winner since 2019, though one of five women on this year’s shortlist, the largest number in the prize’s 55-year history. Founded in 1969, the Booker Prize is open to novels originally written in English published in the UK or Ireland.
Persons: Samantha Harvey, Booker, Harvey, , Edmund de Waal, ” Gaby Wood, ” Harvey, Ian McEwan, Margaret Atwood, Salman Rushdie, Hilary, Waal, Percival Everett, “ James, Twain’s, Huckleberry Finn ”, Jim, Rachel Kushner’s, Canadian Anne Michaels, Charlotte Wood’s, Yael van der, De Waal, Paul Lynch, ” Lynch Organizations: London AP, Space, Prize Foundation, Ireland Locations: British, Canada, United States, Australia, Netherlands, Canadian, London, Japan
CNN —Lucy, a fossilized skeleton unearthed 50 years ago this month, transformed scientists’ understanding of human evolution. While there are now fossil hominins twice as old as Lucy, she remains a paleoanthropological rock star. Made up of 47 bones from the same individual, she was the oldest known and the most complete skeleton of an early human ancestor when she was found. The fossilized remains of Lucy, discovered on November 24, 1974, made up the most complete skeleton of an early human ancestor when she was found. They found DNA, but it wasn’t human, and it wasn’t Neanderthal.
Persons: CNN — Lucy, Don Johanson, Tom Gray, Lucy, Johanson, … I’d, Jack Daulton, Lucy ? Johanson, “ Lucy, , she’s, you’re, Stephen Filmer CNN, Donald Johanson, Mary Leakey’s Organizations: CNN, Institute of, Arizona State University, Arizona State University CNN, Jack Daulton CNN, Beatles, Sky, Arizona State University In Locations: Ethiopia, Afar, Africa, paleogenetics, Siberia, Hadar, Tanzania
My bank has lowered the APY on my high-yield savings account by almost half a percent recently. AdvertisementIt's never pleasant to receive an email from your bank informing you that the interest rate on your high-yield savings account is decreasing. From August until the end of October, the annual percentage yield (APY) on my high-yield savings account has fallen from 4.6% to 4.2%. After paying off my bills every month, I would put the remainder of my paycheck into my high-yield savings account and watch the number creep up. Is there anything I can do about the state of my savings account, or do I have to watch my yield erode away slowly?
Persons: I'm, , I've, Jerome Powell, Patti Black, it's, Jerome Powell's, Black, Daniel Milan, Milan, that's, Richard McHorter, There's, McHorter, Trump's, What's, Zer, Christine, cji Organizations: Service, Federal Reserve, Savant Wealth, Cornerstone Financial Services, SRM Private Wealth, Treasury Locations: Milan, California, New York City
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt also undermines a core assumption about the future of generative AI: If you add more data and computing power, you get smarter and more powerful AI models. Top AI players have eye-popping valuations based on the promise that AI models will keep getting smarter and better with time. Getty Images; Chelsea Jia Feng/BISo what's holding AI models back from making another big jump? Anthony Scaramucci tells BI Trump's economic plans could cause a 1920s-style stock-market crash .
Persons: , OpenAI's, Fabrice Beaulieu, Justin Sullivan, That's, Insider's Hasan Chowdhury, Beatrice Nolan, Orion, OpenAI, Chelsea Jia Feng, Anthony Scaramucci, Trump, Viktor Kovalchuk, Michael M, Robert Perry, Rebecca Zisser, what's, Donald Trump —, Morgan Stanley, Carta, Jed Finn, Goldman Sachs, Jeremy Siegel, Trump's, Jeff Bottari, Donald Trump, Joe Rogan, elect's, Elon Musk, Tesla's, Musk, Timo Lenzen, Juan Merchan, Donald Trump's, Jack Teixeira, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Orion, Getty, Companies, New York Times, Wall, Getty Images, Elon, BI, Trump Locations: GPT, undergrad, Mexico, New York, Ukraine, Massachusetts, Chicago, London
AdvertisementA year later, I got the opportunity to return to Amazon as a boomerang employee. I'd always been told that a value at Amazon was to treat "the candidate as a customer," but didn't experience that. Related storiesRTO implementation was inconsistentA few weeks later, in May 2024, I accepted a different offer from Amazon for a Nashville-based role on another team I'd applied for. My layoff should've been the writing on the wall — this place has changed — but I clung to the idea of the Amazon I'd once respected, not wanting to recognize what it had become. The Amazon I joined in 2016 thrummed a "fail fast and often" mentality, encouraging risk-taking that led to delightful innovations.
Persons: I'd, , he'd, should've, Andy Jassy, Margaret Callahan, Stephanie Ramos, Jane Zhang Organizations: Amazon, Nashville, LinkedIn's, Companies, Technology Locations: Nashville, Atlanta
Pushing the funding fight to next year would put Trump in position to have far greater say. Congress faces a jam-packed to-do list of critical legislative items, including the annual defense policy bill. The next Trump loyalty test – who will lead the Senate GOP? The new Senate GOP leader will be elected by secret ballot, meaning no one will know who voted for which candidate. The House and Senate are only expected to be in session for two weeks before leaving for the Thanksgiving holiday.
Persons: Donald Trump won’t, Trump, Mike Johnson, Johnson, , Kelly Armstrong, , Trump’s, Dusty Johnson of, “ I’m, Mitch McConnell, John Thune of, John Cornyn of, Rick Scott, McConnell, , ” Thune, Cornyn, ” Scott, Scott, Sens, Marco Rubio, Tommy Tuberville, Bill Hagerty, Ron Johnson, they’d, haven’t, Elon Musk, Musk, Hakeem Jeffries, There’s, Alayna Treene Organizations: CNN, White House, Capitol, Republican Party, GOP, Trump, North, Republican, Senate, Florida Republican, Democratic, Republicans, National Defense, Department of Defense Locations: North Dakota, Dusty Johnson of South Dakota, Sens, John Thune of South Dakota, John Cornyn of Texas, Florida, Marco Rubio of Florida, Alabama, Tennessee, Wisconsin, Washington, United States
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