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☆ Actor Nick Pasqual accused of stabbing Hollywood makeup artist
▼ + stars: | 2024-05-30 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —An actor who has appeared in film and TV projects like “Rebel Moon” and “How I Met Your Mother” has been arrested and charged with stabbing his estranged girlfriend multiple times. He is accused of stabbing his estranged girlfriend on May 23 at her home in the Sunland neighborhood of Los Angeles. “My thoughts and heartfelt sympathies are with the victim in this horrific incident,” District Attorney George Gascón said in a statement. We will ensure that the individual responsible for this egregious act is held accountable for their actions.”According to a news release from Gascón’s office, Pasqual broke into the home of his estranged girlfriend, who had recently filed a restraining order against Pasqual. While the district attorney’s office did not identify the victim, she is a 35-year-old Hollywood makeup artist, according to CNN affiliate KABC.

Persons: ”, Nick Pasqual, cohabitant, George Gascón, Pasqual, ” Pasqual Organizations: CNN, Angeles County, Attorney’s Office, Pasqual, Services, KABC Locations: Sunland, Los Angeles, Hollywood, Sierra Blanca , Texas, Los Angeles County

☆ Stocks making the biggest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & more
▼ + stars: | 2024-05-29 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Dick's Sporting Goods — The sporting goods retailer popped 7.7% after reporting an earnings and revenue beat for its fiscal first quarter. It now expects earnings per share to be between $13.35 and $13.75, up from its prior range of $12.85 to $13.25. Robinhood — The stock broker shares jump 1.6% in premarket after the trading startup announced its first-ever share buyback plan. Chewy posted earnings per share of 15 cents, topping a FactSet estimate of just 4 cents per share. Cava — The stock fell 5% in premarket even though the restaurant chain posted earnings and revenue for the first quarter that topped expectations.

Persons: Dick's, Robinhood, Chewy, Cava, LSEG, CNBC's David Faber, Merck, —, Jesse Pound, Michelle Fox, Lisa Han, Sarah Min, Brian Evans, Hakyung Kim Organizations: ConocoPhillips —, Marathon Oil, Goods, LSEG . American Airlines —, United Airlines —, Jefferies, United Airlines, Google, HubSpot, Merck Locations: American, premarket

☆ Berkshire Hathaway gets an upgrade to buy, citing cheap valuation
▼ + stars: | 2024-05-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Berkshire Hathaway looks like an attractive investment, according to Argus. "On valuation, the stock is trading at 21-times our 2024 operating EPS forecast, below the current S & P 500 multiple of 24-times," Heal wrote. This discounted valuation comes even as Berkshire Hathaway Class A shares are up 12% for the year, outpacing the broad market index. Heal pointed out that Berkshire has consistently shown strong performance, with its stock returns doubling those of the S & P 500 since 1965. To be sure, Heal pointed to several risks Berkshire faces, including the cyclicality of many of its fully-owned businesses.

Persons: Berkshire Hathaway, Warren Buffett, Kevin Heal, Heal, Chubb Organizations: Berkshire Hathaway, Berkshire Locations: Argus, Berkshire

6:27 a.m.: UBS hikes First Solar price target, sees 25% upside There's a rosy outlook ahead for First Solar , according to UBS. Analyst Jon Windham cited a more supportive pricing environment as one reason for the price target change. The investment bank upgraded the airline to buy from hold, lifting its price target to $65 from $54. — Lisa Kailai Han 5:41 a.m.: Bank of America reiterates Apple as a top pick Apple shares could get a boost as consumers upgrade to AI-enabled phones, according to Bank of America. Analyst Wamsi Mohan reiterated his view that Apple is a top pick, maintaining his buy rating and price target of $230.

Persons: Jon Windham, Windham, Lisa Kailai Han, Scott Gruber, Gruber, LBRT, — Lisa Kailai Han, Morgan Stanley, SLB, Daniel Kutz, Kutz, Jefferies, Sheila Kahyaoglu, Kahyaoglu, Wamsi Mohan, Mohan, Fred Imbert Organizations: CNBC, United Airlines, Apple, United, Jefferies, Bank of America, UBS, Citi, Liberty Energy, of Liberty Energy, Nvidia Locations: Tuesday's, OFS, United

☆ I'm a mom of 11. Here are 10 of my favorite cheap, easy breakfasts to make at home.
▼ + stars: | 2024-05-29 | by ( Lisa Tanner | ) www.businessinsider.com time to read: +1 min

Some of our favorite hot meals are waffles, pancakes, and biscuits and gravy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a mom of 11, I've learned the importance of flexibility — especially on busy mornings. With so many different schedules and preferences, I take a "breakfast bar" approach where everyone can choose from various cheap and easy staples. This story is available exclusively to Business Insider subscribers.

Persons: —, I've Organizations: Service, Business

☆ Graceland’s self-described scammer takes credit for attempted foreclosure sale of Elvis’ home
▼ + stars: | 2024-05-29 | by ( Isabel Rosales | ) edition.cnn.com time to read: +5 min

As with all scammers, it’s unclear whether the person who emailed CNN is actually behind the scheme. The foreclosure sale was ultimately blocked, and Naussany Investments dropped its foreclosure efforts. A self-proclaimed scam artistCNN reached out to the email address listed as the company representative in Keough’s lawsuit for comment. “We use innocents and we steal identity,” said the scammer in an email to CNN. Sunderman believes that quick payoff may have been the scammer’s goal, not a successful foreclosure on Graceland.

Persons: Elvis Presley’s, I’ve, ”, Graceland, Lisa Marie Presley, she’d, Riley Keough, Elvis ’, gregoryenaussanyniplflorida@hotmail.com, Gregory Naussany, scammer, Elvis Presley, Mark Sunderman, “, Presley, Sunderman, Jonathan Skrmetti Organizations: CNN, United Nations, Naussany Investments, Graceland, New York Times, Investments, Private, Shelby County, Times, University of Memphis, Civil Rights Museum, ” Locations: Memphis, Uganda, Kimberling City , Missouri, Shelby, Nigeria, Florida, California, Graceland, Tennessee, Shelby County

☆ The Untold Story of the Network That Took Down Roe v. Wade
▼ + stars: | 2024-05-28 | by ( Elizabeth Dias | Lisa Lerer | ) www.nytimes.com time to read: +1 min

Hillary Clinton, the woman the anti-abortion movement feared more than perhaps anyone, had failed to win the presidency. And Leo and the conservative legal movement that he worked for years to create were about to reclaim power. With that power would come the chance to do what seemed unthinkable until this moment: strategize to take down Roe v. Wade. The anti-abortion movement lacked the critical mass needed in Washington and the control of courts to end federal abortion rights. But now, with Trump, who promised to name “pro-life judges,” in the White House, there was a new vista before them.

Persons: Leonard Leo, Donald Trump, Hillary Clinton, Leo, Roe, Wade, Trump, ” Organizations: Mayflower, White Locations: America, Washington

Meanwhile, JPMorgan upgraded Huntington Bancshares to overweight from neutral, with a price target that implies upside of 31%. Analyst Scott Hanold's $90 price target implies that shares of Civitas could rise 25% from here. These two headwinds combined together could create near-term pressures for the stock by limiting Zscaler's billings growth, the analyst wrote. Nowinski's price target of $182, down from $275, implies the stock could rise 6% from here. The bank upgraded shares of the cruise operator to buy from neutral and lifted its price target to $24 from $21.

Persons: Mizuho, Scott Hanold's, Hanold, — Lisa Kailai Han, Wells, Andrew Nowinski, F4Q24, Nowinski, Patrick Cunningham, Cunningham, Lisa Kailai Han, Andrew Boone, Boone, Max, Duolingo, Ben Chaiken, Jan, Chaiken, Steven Alexopoulos, Alexopoulos, Huntington, Fred Imbert Organizations: CNBC, Cruise Line, JPMorgan, Huntington, RBC, Civitas Resources, RBC Capital Markets, Citi, DuPont DuPont, DuPont, Max, Mizuho, Cruise Locations: DAU, Mizuho, Norwegian, Huntington Bancshares, Columbus , Ohio, Friday's

The discovery that an upside-down American flag — a symbol adopted by the campaign to overturn the 2020 election result — had flown at the home of Justice Samuel A. Alito Jr. elicited concerns from politicians, legal scholars and others. And then came news of a second flag. Jodi Kantor, the Times reporter who broke the stories, discusses the saga.

Persons: —, Samuel A, Alito Jr, Jodi Kantor Organizations: Times

☆ Who Plotted to Sell Graceland? An Identity Thief Raises His Hand.
▼ + stars: | 2024-05-28 | by ( Matt Stevens | ) www.nytimes.com time to read: +1 min

The writer said he was an identity thief — a ring leader on the dark web, with a network of “worms” placed throughout the United States. In an email to The New York Times, he said his ring preyed on the dead, the unsuspecting and the elderly, especially those from Florida and California, using birth certificates and other documents to discover personal information that aided in their schemes. “We figure out how to steal,” he said. Media outlets often receive unsolicited emails from people who make outlandish claims. But this email arrived Friday in response to one sent by The Times to an email address that Naussany listed in a legal filing sent to a Tennessee court reviewing the foreclosure case.

Persons: ”, “, Lisa Marie Presley, Graceland Organizations: New York Times, Naussany Investments, Media, The Times Locations: United States, Florida, California, Tennessee

☆ Chris Martin gave a Coldplay fan a lift to a music festival
▼ + stars: | 2024-05-28 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Saundra Glenn was already a fan of Coldplay frontman Chris Martin and that was before he gave her a lift. “The door opens and I said, ‘Oh, that’s Chris Martin, I can’t get in with him’ and they said ‘Yes, you can’,” Glenn told the BBC. That moment when Chris Martin @Coldplay saw me struggling to walk, stopped and gave me a lift to #BBC Accessible. “It’s the fact he’s conscious of disability, he’s such a kind person.”CNN has reached out to representatives for Martin for comment. Glenn, of course, stayed for the show, describing it as the “coolest festival” she’d ever attended.

Persons: Saundra Glenn, Chris Martin, Glenn, ”, ‘, that’s Chris Martin, I, ’, ” Glenn, Chris Martin @Coldplay, Glenn 💙, ade, artin, ake, ure Organizations: CNN, Coldplay, BBC, Luton, ust

☆ UBS says this little-known IT stock is primed to rally nearly 40%
▼ + stars: | 2024-05-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Globant's key business fundamentals should give it a leg up over its peers, according to UBS. However, this updated price forecast still implies that Globant could rally 38% from its Friday close. Shares of Globant have slipped 29% year to date, but UBS analyst Leonardo Olmos attributed this underperformance to external factors outside of the company's control. GLOB YTD mountain GLOB YTD chart "Tainted by peers' guides reduction, GLOB is now trading at 15% discount to history. "We estimate the Digital Studios represents 70% of GLOB's sales and it could be a proxy for the relevance of digital transformation to GLOB," Olmos wrote.

Persons: Leonardo Olmos, GLOB, Olmos, Globant, " Olmos Organizations: UBS, Accenture, Digital Studios

☆ Hillary Clinton says Democrats underestimated anti-abortion activists: 'We could have done more to fight'
▼ + stars: | 2024-05-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewFormer Secretary of State Hillary Clinton, in an interview for a forthcoming book, made some of her strongest remarks to date about the fall of Roe v. Wade, arguing that the Democratic Party underestimated the anti-abortion movement. "We didn't take it seriously, and we didn't understand the threat," Clinton, the party's 2016 presidential nominee, told the Times. Related storiesDuring the interview, Clinton lamented that Democrats were "taken by surprise" by the Supreme Court's Dobbs decision. She argued that she never became complacent over the potential for a conservative-led Supreme Court to reverse Roe. AdvertisementSince the fall of Roe, Democrats have benefited in elections across the country, with many independents and even some Republicans backing ballot measures protecting abortion rights.

Persons: —, Hillary Clinton, Roe, Wade, Clinton, Elizabeth Dias, Lisa Lerer, Court's Dobbs, Donald Trump, Trump Organizations: Service, Democratic Party, The New York Times, Democrats, Business, Times, Democratic, GOP, Trump Locations: New America, Roe, Arizona

☆ Living on $25,000: ALICEs who live paycheck to paycheck explain how they scrape together enough food to get by
▼ + stars: | 2024-05-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

However, this criteria leaves low-income households who don't qualify relying on thinly stretched grocery budgets, food pantries, or employer meal discounts. Many ALICEs worry their family will go hungry, but they're running out of options to put food on the table. AdvertisementKelley also said she doesn't live near many food pantries and has to drive long distances to reach a grocery store or Walmart. AdvertisementDo you live paycheck to paycheck? Are you open to sharing how you afford food, housing, and other expenses?

Persons: —, Cherie Tobias, Tobias, She's, ALICE —, she's, ALICE, Melinda Binkley, Binkley, Lisa Kelley, Kelley, Melissa Hedden, Hedden, it's, isn't Organizations: Service, Business, SNAP, Cincinnati, Walmart, BI Locations: Applebee's, Hastings , Michigan, Stillwater , Minnesota, Wilmington , North Carolina

☆ Americans are expected to splurge on travel this summer — again
▼ + stars: | 2024-05-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities. “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” Paula Twidale, senior vice president at AAA Travel, said in a release. Spending this summer will likely be a little softer than last year’s, they said, but still strong. The bank’s consumer travel survey showed that 72% of people said they’re planning to travel, with 36% saying they’ve already planned their trip. Even among respondents making less than $75,000 a year, more than 60% said they’re planning to travel this summer.

Persons: ” Paula Twidale, Royal Caribbean’s, ” David Tinsley, they’ve, Joelle, aren’t, Dogecoin, Shiba Inu “, Atsuko Sato, ”, Sato, ” Kabosu, Kabosu, Shiba, Loretta Mester, Neel Kashkari, Lisa Cook, Robin, John Williams, Raphael Bostic, Lorie Logan Organizations: CNN Business, Bell, Washington CNN —, Transportation Security Administration, AAA, AAA Travel, Bank of America Institute, Bank of America, Japan, Europe, New York Fed, Public Policy Research, Mizuho Financial, Federal, Global, Index, Board, HP, Dick’s Sporting Goods, Abercrombie, Fitch, Eagle Outfitters, Costco, Dell, Dollar, Hormel, US Commerce Department, US Labor Department, National Association of Realtors, China’s National Bureau of Statistics, Atlanta Fed Locations: Washington, Caribbean, South Korea, Switzerland, Colombia, Costa Rica, Canada, Mexico, Domestically , California, Florida, California, “, Sakura, CAVA, Chewy, Burlington, Birkenstock, Nordstrom, Kohl’s

☆ Jefferies says small caps are starting to outperform and these stocks are the best way to play it
▼ + stars: | 2024-05-24 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

The time may have finally come for small-cap stocks to have their moment in the sun, according to Jefferies. "We have seen some improvement in absolute and relative performance and think we could have hit an inflection point," wrote Jefferies strategist Steven DeSanctis. Still, he said there's one caveat: small-cap earnings look weak on an absolute basis. "As the year rolls along, small-cap earnings are set to broaden, accelerate, and play a game of catch-up with large." Jefferies' price target of $140 is nearly 32% higher than where shares of ArcBest closed on Thursday afternoon.

Persons: Jefferies, Steven DeSanctis, Schrodinger Organizations: Nvidia, Boston Beer, Boston, Software, pharma, . Trucking Locations: ArcBest

☆ Buy quality tech stocks that are immune to high inflation and rates, Trivariate Research says
▼ + stars: | 2024-05-24 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As inflation lingers at a generational high, some stocks stand out for their ability to help investors hedge against the effect of high interest rates better than others. "What ensued was a massive negative correlation between the perception about interest rates and the valuation of growth companies from late in 2021." While a basket of high-quality growth stocks used to be negatively correlated to inflation, meaning their stock prices suffered as inflation turned higher, Trivariate says the relationship has since changed. "Today, the correlation of the high-quality growth basket to our inflation basket is zero," the firm said. In the same report, Trivariate Research shared its basket of high-quality names in the technology sector that have a near-zero correlation to its inflation basket.

Persons: Adam Parker, Morgan Stanley, Trivariate, Morgan Stanley —, Meta Marshall, Raymond James, there's, Simon Leopold, Michael Bloom Organizations: Research, Trivariate, Keysight Technologies, Technologies, JPMorgan, VMware, Broadcom Locations: United States

☆ The 3 best dog cooling mats and pads of 2024
▼ + stars: | 2024-05-24 | by ( Christy Caplan | Lisa Sabatini | ) www.businessinsider.com time to read: +13 min

Shop at Amazon Shop at Chewy What we like Check mark icon A check mark. AdvertisementBest for travelThe Green Pet Shop Cool Pet Pad The Green Pet Cool Pet Pad is the best mat for keeping dogs cool on the go. Most of the best dog cooling mats are too small for giant breeds, but the Arf Pets Pad is an exception. AdvertisementHow we tested the best dog cooling mats and padsI evaluated whether each mat could fit inside of a standard-sized dog crate. Christine Caplan/InsiderThe best dog cooling mats and pads in this guide were provided as editorial review samples by their manufacturers.

Persons: Walter, Krista Miller, Read, Christy Caplan, It's, Christine Caplan Organizations: Business, YouTube, Amazon Best, Shop Locations: Pacific

Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.

Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas

☆ Jennifer Lopez and Ben Affleck: A timeline of their love story
▼ + stars: | 2024-05-23 | by ( Lisa Respers France | ) edition.cnn.com time to read: +10 min

CNN —Plenty of people are wondering if Jennifer Lopez and Ben Affleck are having problems in their marriage, but one person had the nerve to ask in a public forum. Ben Affleck and Jennifer Lopez in "Gigli." “Jennifer Lopez and Cris Judd have announced they have resolved all issues arising out of their marriage,” the couple’s lawyers said in a statement at the time. “I feel so lucky and happy and proud to be with him,” Lopez told People magazine about reuniting with Affleck. February 2024Ben Affleck and Jennifer Lopez attend a premiere for the film "This Is Me... Now: A Love Story" in Los Angeles in February.

Persons: Jennifer Lopez, Ben Affleck, Lopez, ” Lopez, Affleck, Ben, Jen, “, ”, Chris Judd, “ Jennifer Lopez, Cris Judd, Jenny, Ari Finegold, Harry Winston, Affleck –, Cohen, ’, Marc Anthony, Paul Hawthorne, “ Marc, Jennifer Garner, Anthony, There’s, Garner, I’ve, Alex Rodriguez, Dimitrios Kambouris, Richard Foreman, Warner, Affleck raved, Rodriguez, Filippo Monteforte, Matt Damon, Kevin Smith, Mario Anzuoni, Reuters Lopez, ’ ”, it’s, you’re, We’re Organizations: CNN, Getty, Warner Bros, Latina, Los, Venice Film, Wall Street, People, Reuters Locations: Mexico, ”, Jersey, Los Angeles, AFP, Venice, Italy, Las Vegas, Savannah , Georgia

☆ Hedge funds loaded up on financial and tech stocks in the first quarter—Here's what they picked
▼ + stars: | 2024-05-23 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Hedge funds added more exposure to financial and tech names in the last quarter, according to Morgan Stanley. Castagno highlighted that in the last quarter, hedge funds seemed to shift their portfolio allocations toward the information technology and financials sectors, moving away from health care. However, hedge funds still remain most overweight stocks within the health care, consumer discretionary and industrials industries. Hedge funds have recently increased their ownership shares in retailer Bath & Body Works by 2.5%. Wolfe Research upgraded shares of Alaska Air Group to outperform from peer perform last Friday.

Persons: Morgan Stanley, Todd Castagno, Castagno, A.J, — CNBC's Michael Bloom Organizations: Securities and Exchange, Universal Health Services, UBS, Body, JPMorgan, Airline, Alaska Air Group, Wolfe Research, TPG, DXC Technology, Avis Budget Group Locations: Rice, Bath, Coast

☆ Businesses push Biden to grant work permits to longtime undocumented immigrants
▼ + stars: | 2024-05-23 | by ( Tami Luhby | ) edition.cnn.com time to read: +10 min

She knows there’s a bigger pool of experienced workers out there, but she can’t hire them because they are undocumented immigrants. The coalition argues Biden can do more through executive action under current law, including by expanding work permits to spouses of US citizens. All of Indiana dairy farmer Steve Obert's employees are authorized to work, but he is among the business leaders advocating for more work permits for longtime undocumented residents. Courtesy Steve ObertAll of Obert’s 15 non-family employees are foreign born and have work permits. But he knows that undocumented workers contribute a lot to the industry, as well as to the communities where they live.

Persons: Lisa Winton, Winton, Biden, ” Winton, ” Lisa Winton, Joe Biden, Donald Trump, Barack Obama, Trump, , ”, Karoline Leavitt, “, ” It’s, Steve Obert, Jessica Vaughan, Rebecca Shi, ‘, ’ ”, Shi, Vaughan, Tara Watson, Bush, Obama, Kerri Talbot, Trump’s, Steve, ” Obert Organizations: CNN, Winton Machine Company, American Business Immigration Coalition, Employers, Time, Trump, Pew Research Center, Labor, National Agricultural Workers Survey, Center, American, National Milk Producers Federation, Immigration Services, Center for Immigration Studies, Department of Homeland Security, Migration Policy Institute, Williams College, Immigration, Indiana Dairy Producers Locations: Suwanee , Georgia, Winton, Georgia, America, Indiana

☆ It looks like someone tried to steal Graceland, possibly one of the dumbest crimes ever
▼ + stars: | 2024-05-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN —We can’t be 100% sure that an obscure lending company just tried to steal Graceland. Her lawsuit says that the documents Naussany presented, including a 2018 notarized promissory note signed by Lisa Marie Presley, were forged. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that no, they’d never notarized Lisa Marie Presley’s signature. (“Not acquire to proceed?”)It added: “There was no harm meant on Ms. Keough for her mothers LMP mis habits and mis managing of money.”(LMP, presumably, is Lisa Marie Presley.

Persons: CNN Business ’, Elvis Presley’s, —, Lisa Marie Presley, she’d, Naussany, Graceland, Riley Keough, Elvis’s, Keough, Mad Max Fury, Daisy Jones, ”, Naussany’s, Lisa Marie Presley’s, JoeDae Jenkins, Jenkins, ” Jenkins, Keough’s Organizations: CNN Business, New York CNN, Naussany, CNN, Naussany Investments Locations: New York, Tennessee, Graceland, Memphis, America, Shelby County, Naussany, Kimberling City , Missouri, Missouri

☆ Attorney General looking into attempted foreclosure of Elvis Presley’s Graceland home
▼ + stars: | 2024-05-23 | by ( Isabel Rosales | Chris Youd | ) edition.cnn.com time to read: +3 min

CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company. On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland. Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family. Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.

Persons: Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, ”, Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens Organizations: CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department Locations: Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri

☆ Senate Democrats Open Inquiry Into Trump’s $1 Billion Request of Oil Industry
▼ + stars: | 2024-05-23 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

The investigation is the second congressional inquiry into the April 11 fund-raising dinner at Mar-a-Lago, Mr. Trump’s private club in Florida. On Wednesday Mr. Trump headlined a fund-raiser for MAGA Inc., a super PAC, that was hosted by three oil executives at a five-star hotel in Houston. One host was Kelcy Warren, a billionaire who owns a pipeline empire with an ambitious international expansion plan that depends on new export terminals. Another was Harold G. Hamm, one of the pioneers of the shale oil boom that turned the United States into the world’s largest crude exporter. The third, Vicki Hollub, leads Occidental Petroleum, a Houston-based oil company.

Persons: Donald J, Trump, Kelcy Warren, Biden, Harold G, Vicki Hollub Organizations: Democrats, White, Mar, Mr, Wednesday, MAGA Inc, Occidental Petroleum Locations: Florida, Houston, Hamm, United States

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