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☆ Saudi Arabia considers new mining index in diversification push
▼ + stars: | 2022-11-04 | by ( Praveen Menon | ) www.reuters.com time to read: +3 min

Mining Minister Bandar bin Ibrahim al-Khorayef told Reuters in an interview in Sydney that his team met with Australian counterparts to learn more about a mining index, similar to Australia's ASX 300 Metals & Mining (XMM) sub-index (.AXMM) that lists metals and mining firms including producers of gold, steel and precious metals. "We have a secondary stock market in Saudi...its still evolving. "The whole idea (of a mining index) is to ensure that we have something that financing companies or financial institutions like banks can have good visibility on," he said. "We want to encourage people who offer services to mining companies to come to Saudi either directly or through partnering with some local people. Saudi is hosting the Future Minerals Forum in Riyadh in January, where it hopes to announce more details of its plans for the mining sector.

☆ Trump fan in a ruby red slice of Ohio still furious about the 2020 election finds JD Vance's closing pitch lacking: 'I'm definitely not voting for him'
▼ + stars: | 2022-11-03 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

GOP Senate hopeful JD Vance is racing across Ohio ahead of the midterms. A Trump fan at a recent rally criticized Vance for moving on from the 2020 election challenges. Vance and Ohio's GOP leaders are pushing election deniers aside, but Trump's base won't budge. "I think it was stolen," Drenan told Insider about the last election. But we've moved on," Fawcett told Insider at the Zanesville rally.

☆ Maryland Democratic gubernatorial nominee Wes Moore says MAGA can't 'define what it means to be a patriot'
▼ + stars: | 2022-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +9 min

Maryland gubernatorial nominee Wes Moore is seeking to reshape how patriotism and service are discussed in the public arena. Moore, a Democrat, told Insider he won't cede the definition of patriotism to any one group or movement. Leave no one behind, ever," Moore told the crowd. "Wes Moore's campaign in so many ways is so different from the last Democratic nominee, who really focused on the progressive wing of the party. "From a political standpoint, it has also insulated Wes Moore against Dan Cox trying to say he's some sort of far-left socialist.

Numbers don’t lie (Madonna is one of the bestselling pop stars of all time), but they don’t often tell the whole story. Without question, I view Madonna as someone who pushed the boundaries of overtly and unabashedly sexual performances in popular culture. But Black artists often get excised from predominating narratives about U.S. popular culture. But Black artists often get excised from predominating narratives about U.S. popular culture. The risks were much higher for the Black women and the Black and Latinx queer people across genders who chose to be sexually provocative entertainers.

☆ Analysts remain confident in Amazon long term as shares crater, expect 'redemption story' ahead
▼ + stars: | 2022-10-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Amazon 's disappointing quarterly results signaled to analysts that even the giants aren't immune to a macro slowdown. Analysts trimmed price targets and estimates to reflect a broader macro slowdown at the e-commerce giant following the results, with analysts at Deutsche Bank and Wolfe Research saying it's time to "batten down the hatches." However, most analysts remain bullish on the company's long-term trajectory, maintaining their outperform and buy ratings on the stock. That said, analysts across the board trimmed price targets and estimates to reflect the broader macro pressures. He trimmed his price target on the stock to $137 from $157 a share, suggesting 23% upside ahead for the stocks.

☆ Ford's earnings beat, significant free cash flow mean we're sticking with the auto stock
▼ + stars: | 2022-10-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Cash flow from operating activities was $3.8 billion, while adjusted free cash flow came in at $3.6 billion, beating analysts' estimates of $1.4 billion. Meanwhile, what stood out to us the most in the quarter was the significant free cash flow the business is generating. Adjusted EBIT came in at $204 million, well ahead of the $31 million loss predicted by Wall Street. Adjusted EBIT came in at $229 million, also a beat on analysts' estimates of $125 million. This target has not been attained despite the more than $100 billion Ford invested in the technology.

Plenty of people experience financial anxiety — me included, and I'm a financial planner. Luckily, years of financial planning have helped me deal with financial anxiety and not let it derail my day (or week). Stay in touch with your moneyThe less you know about or understand your financial situation, the easier it is for financial anxiety to creep in. Creating a financial plan is the key to building confidence in yourself and vanquishing financial anxiety. Some of my worst times of financial stress yielded some of my smartest money decisions, simply because my financial anxiety forced me to review my financial plan again and take action.

☆ Supreme Court Justice Samuel Alito told Ted Kennedy the legal basis ensuring abortion rights was 'settled' law in 2005, new book reveals
▼ + stars: | 2022-10-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

"I am a believer in precedents," the conservative Alito told Kennedy, the liberal Massachusetts Democratic senator wrote in his diary in November 2005, The New York Times reported. Farrell's new book, "Ted Kennedy: A Life," which features details of the diary entries, is being published Tuesday. Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. "Judge Alito assured Mr. Kennedy that he should not put much stock in the memo," the Times reported. 'I was a younger person,' Judge Alito said.

☆ Cramer’s week ahead: Earnings season heats up and companies could 'keep flying' barring a severe slowdown
▼ + stars: | 2022-10-21 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Tuesday: Halliburton, Coca-Cola, Alphabet, MicrosoftHalliburtonQ3 2022 earnings release at 6:45 a.m. Coca-ColaQ3 2022 earnings release at 6:55 a.m. AlphabetQ3 2022 earnings release at 4 p.m. FordQ3 2022 earnings release at 4:05 p.m. Friday: Colgate-PalmoliveQ3 2022 earnings release at 7 a.m.

LEIPZIG, Oct 21 (Reuters) - BMW (BMWG.DE) production chief Milan Nedeljkovic expects stabilising supply chains to lead to a clear improvement in profitability next year, he said in an interview at the carmaker's Leipzig plant in Germany. From a production perspective, Nedeljkovic said he did not expect margins to fall. Europe is falling behind the United States in its ambitions to become more independent in semiconductor supply, the production chief added, with both expressing the same intention but less tangible action from Europe. But with Europe's energy market and supply chain situation uncertain, Nedeljkovic was hesitant to pin down forecasts for next year's output. Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Waldersee and Christina Amann Editing by Rachel More and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Judi Dench says Netflix's 'The Crown' uses 'crude sensationalism'
▼ + stars: | 2022-10-20 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +3 min

LONDON, Oct 20 (Reuters) - British actress Judi Dench has called on Netflix to add a disclaimer to royal drama "The Crown", joining a chorus of voices criticising the series' fictionalised storylines. Netflix says "The Crown", which follows the reign of late Queen Elizabeth over the decades, is "fictional dramatization", inspired by real events. Its fifth season, in which a new cast will portray the royal family in the 1990s, premieres on Nov. 9, two months after King Charles ascended the throne. Dench referenced the scene, calling it "both cruelly unjust to the individuals and damaging to the institution they represent". Some royal commentators have also voiced concern the impact the show could have at the start of Charles' reign.

☆ 'The Crown': Dame Judi Dench wants 'cruelly unjust' Season 5 to come with a disclaimer
▼ + stars: | 2022-10-20 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Dame Judi Dench has played a British queen before and now she is sounding off about Netflix’s popular dramatization of the royal family. In a letter to The Times, the revered actress shares her concerns about the forthcoming new season of “The Crown,” writing that “the closer the drama comes to our present times, the more freely it seems willing to blur the lines between historical accuracy and crude sensationalism.”“While many will recognise The Crown for the brilliant but fictionalised account of events that it is, I fear that a significant number of viewers, particularly overseas, may take its version of history as being wholly true,” Dench write. “Given some of the wounding suggestions apparently contained in the new series — that King Charles plotted for his mother to abdicate, for example, or once suggested his mother’s parenting was so deficient that she might have deserved a jail sentence — this is both cruelly unjust to the individuals and damaging to the institution they represent.”Season 5 of the series debuts November 9 in the US and is set during the 1990s in Britain. “As Queen Elizabeth II (Imelda Staunton) approaches the 40th anniversary of her accession, she reflects on a reign that has encompassed nine prime ministers, the advent of mass television and the twilight of the British Empire,” a Netflix synopsis of the new season reads in part. “Yet new challenges are on the horizon.

☆ Meet the 25-year-old founder hitting $1 million in annual sales from web development services and passive income
▼ + stars: | 2022-10-17 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Website templates generate passive income and allow her to expand her services further. Use passive income as a foundation for your businessLuna sells web templates and builds customized sites for her clients. "I saw just how much potential I had to be creative, make passive income, and create absolute financial freedom," she said. Passive income supports much of her business, giving Luna the opportunity to branch out to more time-intensive services, like one-on-one web design. Similar to the web templates, Luna only has to create each course one time, but can continually sell it to new aspiring designers.

☆ Jim Cramer recaps 4 major banks' earnings reports
▼ + stars: | 2022-10-14 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. But, as it is, I'd say this is a surprisingly solid start to earnings season," he said. Wells FargoThe bank beat on earnings and revenue in its latest quarter but saw a cut to its bottom line from its decision to boost its loan loss reserves. Morgan StanleyCramer said that he believes the market overreacted to Morgan Stanley's third-quarter earnings and revenue miss. CitigroupCramer said that he'd rather own the other banks than Citi, which beat on revenue and earnings in its latest quarter but saw a 25% decline in profits.

☆ ‘The Curse of Bridge Hollow’ Review: Infused With Spooky Spice
▼ + stars: | 2022-10-13 | by ( John Anderson | ) www.wsj.com time to read: +1 min

And the intent of this comedy-thriller is showing how wrong he can be. For such a committed Halloween skeptic, Howard clearly hasn’t scoped out Bridge Hollow very well. It’s a place that loses its otherwise decorous mind as it approaches Oct. 31. She’s tired of Howard, the intellectual dictator, pushing her toward science all the time. She prefers to dabble in the supernatural, which means she’s delighted to meet up with members of the Bridge Hollow Paranormal Society—all three of them—who in turn are delighted to meet the new resident of the old Hawthorne House.

☆ Nestle CEO: I'm not a 'mega deal' maker
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Sept 29 (Reuters) - Food group Nestle is in no hurry to acquire companies given rich valuations and will stick to its traditionally cautious approach to deals, its chief executive told a conference on Thursday. "I've done hundreds of deals in my life, the largest one ever was Starbucks at 7 billion so I'm not a 'mega deal' maker," Mark Schneider said in a discussion organised by Bernstein. The maker of KitKat chocolate bars and Nespresso portioned coffee has been adjusting its portfolio under Schneider's leadership, gearing it more towards high-margin premium products. Register now for FREE unlimited access to Reuters.com Register"I'm a strong believer in that statement by former U.S. President Obama: don't do stupid stuff. Register now for FREE unlimited access to Reuters.com RegisterReporting by Silke Koltrowitz; Editing by Michael ShieldsOur Standards: The Thomson Reuters Trust Principles.

☆ Rep. Marjorie Taylor Greene's husband files for divorce, saying marriage was 'irretrievably broken' in court docs
▼ + stars: | 2022-09-29 | by ( Cheryl Teh | Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Marjorie Taylor Greene's husband has filed a petition for divorce. Perry Greene filed his divorce petition on Wednesday with the Floyd County Court. Perry Greene's divorce petition indicated that their marriage was "irretrievably broken." According to court documents seen by Insider, Perry Greene and the conservative congresswoman have been married for just over 27 years. Marjorie Taylor Greene, according to court filings, acknowledged receipt of the divorce petition on Wednesday.

☆ British Prime Minister to seek negotiated solution over Northern Ireland
▼ + stars: | 2022-09-25 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

British Prime Minister Liz Truss is seeking a negotiated solution with the European Union to resolve tensions over the Northern Ireland protocol, she said in an interview with CNN Sunday. The Northern Ireland protocol was designed to maintain peace in the region following Brexit, and as a member of parliament, Truss introduced legislation to dissolve it. U.S. President Joe Biden has warned against disrupting peace in Northern Ireland, and the two leaders discussed the issue at their first in-person meeting Wednesday. "What's important is that we protect and respect the positions of both the nationalist community in Northern Ireland as well as the unionist community in Northern Ireland," Truss said Sunday. Truss said she has seen an "outpouring of love and affection" for the late Queen, and she is very supportive of the Commonwealth.

WASHINGTON — A federal jury on Friday convicted a QAnon believer who chased down U.S. Capitol Police Officer Eugene Goodman on Jan. 6, 2021, finding the defendant guilty on all charges against him. On Jan. 6, Jensen filmed videos from the base of the Capitol building, where he proclaimed — inaccurately, but with tremendous confidence — that he was at the White House. “Storm the White House! Goodman, the USCP officer who testified at Jensen's trial, had “no back-up” when he faced off with rioters, Mirell said. More than 850 people have been arrested and more than 350 convicted in connection with the Capitol attack.

The arrival of thousands of migrants in New York, Washington, Chicago and beyond has sent officials in those cities scrambling to establish a system of support services, with mixed success. The Office of Migrant Services in Washington, D.C., will offer urgent medical care and connection to resettlement services. Phillips said migrants have been calling volunteer groups in the city “constantly” with problems, leaving volunteers in rapid-response mode. Mental health services are lackingStill, Enriquez said, there is a major hole in that care: mental health services. Mental health screenings are also part of the initial medical checkups at city health centers, Jochum said.

Goodman told jurors that he’d been with the Capitol Police for 15 years and he previously was deployed to Iraq for the U.S. Army. Footage released during Trump's second impeachment trial showed Goodman directing Romney to turn around just after the mob had breached the building. The Senate chamber itself went through sweeps by K-9s and bomb squads so that Congress could resume its work, Goodman said. He told jurors to expect to see video of Jensen telling officers to do their job throughout the trial. The FBI has arrested more than 850 defendants in connection with the Jan. 6 attack on the U.S. Capitol.

☆ Ex-Cravath lawyer Andy Klein wants to raise $5 million for his new startup. Here's his pitch to get the Big Law lawyers who use his company's tech to also invest.
▼ + stars: | 2022-09-21 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

His company Reynen Court is now looking to raise $5 million using a provision of the JOBS Act. More recently, Klein, who lives in Amsterdam, has been growing Reynen Court. The company launched in 2018 with financial backing from a consortium of large law firms, including Latham & Watkins and Clifford Chance. Klein said Reynen Court really took off once he was able to persuade 20 of the world's largest law firms to begin using the platform. If the offering succeeds, Reynen Court expects to go forward with a series B fundraising next year, Klein said.

☆ These 4 streaming services are likely to survive, says former Disney CEO: 'There will be haves and have nots'
▼ + stars: | 2022-09-08 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

Former Disney CEO Bob Iger says that he doesn't think all streaming services will survive. The former Disney CEO who helped launch the Disney+ streaming service toward the end of his tenure declined to specify which he thinks are in trouble, but he called out a select few that impress him. Obviously, Disney+ is one of those; he said he's "clearly a big believer" in the service's longevity. But it's still the leading streaming service with over 220 million subscribers worldwide, and is taking steps to address slowing growth with plans to introduce an ad-supported plan early next year. They're going to continue to grow and they'll grow well.

☆ A day in the life of Ryan Serhant, a celebrity broker who's about to list NYC's most expensive home for more than $200 million
▼ + stars: | 2022-09-03 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +11 min

The reality-TV star rose to fame on "Million Dollar Listing New York" as an agent to the wealthy. It's a habit he's had since the early days of "Million Dollar Listing New York." It was heavy-weights day, Serhant said, working the entire back of his body. The call's over and Serhant heads into new-agent interviews. 8 p.m.Zena's asleep, so Serhant heads down to his home office and works on getting his inbox to zero for the day.

The future of Hulu continues to be an open question as Comcast and Disney still haven't agreed on terms that will settle the company's future ownership. But Comcast executives are planning on Disney buying them out — even if they'd prefer otherwise. Disney owns two-thirds of Hulu and has an option to buy the remaining 33% from Comcast as early as January 2024. Some analysts and industry watchers have speculated Comcast might try to buy Hulu from Disney rather than the other way around. Disney could have positioned Hulu as its advertising play going forward, but CEO Bob Chapek has chosen to make versions of both Disney+ and Hulu with and without commercials.

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