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☆ Arm IPO: Should you buy shares? Here's what 4 analysts are saying
▼ + stars: | 2023-09-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

China risks Analysts have also noted Arm's limited control over its China joint venture, Arm China, which contributes 24% of revenue. "Plus, Arm can only sell to China customers via the Arm China channel, and they can offer competing product. With no direct stake in Arm China, they currently have very little control over their only means to sell in China." Valuation Analysts at New Constructs have also challenged Arm's valuation. Growth Analysts at Bernstein were also cautious, while expecting cloud, automotive, and mobile royalties to drive healthy top-line growth for Arm.

Persons: Rohit Kulkarni, Roth, SoftBank, Bernstein, Sara Russo, Russo, it's, Timm Schulze, Schulze, Melander, — CNBC's Michael Bloom Organizations: Apple, Nvidia, SoftBank Locations: British, New York, SoftBank, China, Arm China

☆ Possible Hurricane Lee: The Atlantic's next major hurricane is expected by this weekend
▼ + stars: | 2023-09-05 | by ( Mary Gilbert | ) edition.cnn.com time to read: +2 min

Tropical Depression 13 formed Tuesday morning in the central tropical Atlantic, almost 1,000 miles west-southwest of the Cabo Verde Islands, according to the National Hurricane Center. The depression is expected to become a tropical storm later Tuesday. The next tropical storm will be given the name Lee. The hurricane is expected to grow significantly stronger by the weekend and is forecast to become the season’s third Category 3 or stronger hurricane as the weekend begins. Sunday, September 10, is the climatological peak of Atlantic hurricane season, when the basin is at its busiest on average.

Persons: Lee, Don, Franklin, Idalia, Philip Klotzbach Organizations: CNN, National Hurricane Center, Hurricane, Hispaniola –, Labor, Colorado State University Locations: Cabo Verde Islands, Leeward Islands, Caribbean, Leeward Islands , Puerto Rico, Hispaniola, Bahamas, East Coast, New Jersey

IS CLIMATE CHANGE AFFECTING HURRICANES? Yes, climate change is making hurricanes wetter, windier and altogether more intense. If it were not for the oceans, the planet would be much hotter due to climate change. Climate change can also boost the amount of rainfall delivered by a storm. It is unclear, however, if climate change is affecting the number of hurricanes that form each year.

Persons: Roy Ross, Storm, Alexandre Meneghini, Allison Wing, Gloria Dickie, Marguerita Choy Organizations: REUTERS, El Nino, Nature Communications, U.S . National Oceanic, Atmospheric Administration, NOAA, Florida State University . Hurricane, U.S, Northeastern Seaboard, North America, Atlantic, Hurricanes, South Pacific, Thomson Locations: Playa Majana, Cuba, Coast, U.S, Florida, , Florida, New York, Boston, Beijing, Tokyo, North, Asia's Bay, Bengal, North Pacific, East Asia, South, London

☆ Hurricane Franklin gains strength, takes aim at Bermuda -US NHC
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

Aug 27 (Reuters) - Hurricane Franklin is forecast to become the Atlantic's first major hurricane of the season on Monday and is on track to pass close to Bermuda on Wednesday, the U.S. National Hurricane Center (NHC) said on Sunday. "Additional strengthening is forecast, and Franklin is forecast to become a major hurricane on Monday," the advisory said. A tropical storm with maximum sustained winds of above 110 mph (177 kph) or higher is considered a major hurricane. Franklin is expected turn away from the U.S. eastern seaboard in the early part of the week but pass near the island of Bermuda on Wednesday, an NHC map shows. The NHC said swells generated by Franklin were beginning to affect Bermuda on Sunday night.

Persons: Franklin, Simon Lewis, Chris Reese, Lincoln Organizations: U.S, National Hurricane Center, NHC, Colorado State University, Panhandle, Thomson Locations: Bermuda, Miami, Franklin, U.S, United States, Florida, Georgia, Bengaluru

☆ The Atlantic Ocean is getting wider every year. Researchers have finally figured out why.
▼ + stars: | 2023-08-25 | by ( Aylin Woodward | Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

Tectonic plates under the Americas, Europe, and Africa are separating as the Atlantic Ocean grows wider. The tectonic plates undergirding the Americas are separating from those beneath Europe and Africa. Fragmented into tectonic plates, the Earth's crust fits together like a puzzle. Seafloor spreading, which occurs at divergent tectonic plates that are pulling apart like the MAR, is another. AdvertisementAdvertisementSolving a geological mysteryOne of the remote seismometers deployed by University of Southampton scientists in the Atlantic Ocean.

Persons: Joshua Stevens, Matthew Aguis, Agius, Catherine Rychert, Rychert Organizations: Service, NASA, University of Southampton, Roma Tre University, Ocean . University of Southampton Locations: Americas, Europe, Africa, Wall, Silicon, Sandwell, Iceland, Hawaii, Yellowstone

Economy seats account for 79.3% of seats between the U.S. and Europe, down from nearly 81.9% in 2018, before the pandemic, according to aviation data firm Cirium. Business-class seats' share of seats sold has grown slightly, from 12.9% to 13.5% though premium economy's share has increased even more, making up 6.4% of seats sold, up from 4.2% five years ago, while first class seats' share fell. Delta, JetBlue Airways , United Airlines , American Airlines , Finnair and Lufthansa are among the carriers that have recently announced upgraded first-class seats, suites with sliding doors or premium economy cabins. On rival United Airlines , a similar itinerary was nearly $1,850 in premium economy and $912 in standard coach. Business class easily tops $5,000 for that route.

Persons: DAL, Natalie Rasmussen, I'm, Rasmussen, Leslie Josephs, Edward Dryden, Delta Organizations: Airline, Delta Air Lines, Virgin Atlantic's, Virgin, U.S, JetBlue Airways, United Airlines, American Airlines, Finnair, Lufthansa, Singapore Airlines, CNBC, Collins Aerospace, Delta, Suites Locations: Europe, San Jose , California, London, Germany, Czech Republic, Delta, Emirates, New York, Paris

☆ From 'wrong shoe theory' to Kramercore: Why Gen Z wants their fashion to be sustainable — and ugly
▼ + stars: | 2023-08-03 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Gen Z fashion trends are sustainable, intentional, and just a little bit silly and ugly. "Wrong shoe theory" and Kramercore are part of a reaction to economic and climate turmoil. It's called "wrong shoe theory," and it's yet another Gen Z fashion moment that might seem counterintuitive at first. At the same time, as with many of the challenges that Gen Z encounters, there's an eye toward sustainability and looming climate doom. It's no wonder, then, that Gen Z is embracing another similarly kitschy and thriftable aesthetic: Kramercore.

Persons: It's, Allison Bornstein, Long, Gen, there's, Bornstein, Amanda Mull, Kramer, it's, Mull, — Kramer, —, we've, Charmaine Simmons, Kramercore, Zers Organizations: Service, New York Times, Times, Los Angeles Times Locations: Wall, Silicon

☆ Managers say 4-6 pm is now a work 'dead zone.' Employees run errands and take care of kids before logging on later to finish.
▼ + stars: | 2023-07-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

We've now ushered in a "triple peak" day. The result is a "triple peak" day, as The Atlantic's Derek Thompson reported last April. But for those whose work is more solitary or not as time-sensitive, the triple peak day may offer a pathway to greater work-life balance. Working parents, for example, might adopt a triple peak day to spend more time with their kids during the day and finish work once their kids are off to bed. Are you working a "triple peak" day?

Persons: We've, Derek Thompson, Colette Stallbaumer, Mary Czerwinski Organizations: Service, Street Journal, Workers, Microsoft Locations: Wall, Silicon

☆ Branson, Virgin Group reputations at centre of $250 mln London court clash
▼ + stars: | 2023-07-03 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

LONDON, July 3 (Reuters) - British billionaire Richard Branson severely damaged Virgin Group's reputation by residing in a tax haven while UK-based airline Virgin Atlantic sought a government bailout during the pandemic, according to internal Virgin emails cited in a $250 million London lawsuit on Monday. The emails were cited by lawyers for U.S. train operator Brightline, which is being sued by the Virgin Group after cancelling a deal to use the Virgin brand in 2020, just over 18 months after it was signed. Under the deal Brightline operated a rail line in Florida using the name Virgin Trains USA. Brightline's lawyers cited internal Virgin Group emails describing group founder Branson being based in the British Virgin Islands for tax purposes as "a reputation killer", while one email from an external public relations adviser said: "Richard needs to show he's not a ruthless, tax-evading billionaire." In an April 2020 email, Virgin Group CEO Josh Bayliss referred to Branson's tax residency in relation to the request for a bailout, saying: "Richard cannot escape the criticism.

Persons: Richard Branson, Brightline, Branson, Richard, Josh Bayliss, Daniel Toledano, Virgin Atlantic's, Brightline's, Nigel Tozzi, Sam Tobin, Susan Fenton Organizations: Virgin Atlantic, U.S, Virgin Group, Virgin, Virgin Trains, British Virgin Islands, Real Madrid, Thomson Locations: Florida, British Virgin, Britain, United States, Barcelona, Bay

☆ Gretchen Whitmer says The Big Lebowski's credo of 'The Dude abides' is 'a really wise philosophy'
▼ + stars: | 2023-06-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Gretchen Whitmer's love for "The Big Lebowski" is well documented. Gretchen Whitmer's love for "The Big Lebowski" is well documented. "You know, it's funny; 'The Dude abides'—it's a really wise philosophy," Whitmer told The Atlantic's Mark Leibovich as he followed her around the state last week for a brief profile that was published on Thursday. Whitmer, who Biden reportedly vetted as a possible running mate in 2020, repeatedly reiterated her support for the president. Along the way, Whitmer picked up "the Big Gretch" nickname that she has embraced, though she cautioned that was not her initial response.

Persons: Gretchen Whitmer's, Whitmer, Biden, —, that's, Coen, Mark Leibovich, Leibovich, doesn't, Joe Biden, Trump, Roe, Wade Organizations: Michigan Gov, Democrat, Service, Democratic Locations: Michigan, Dobbs

☆ The PR pros at CNN just got fired along with CEO Chris Licht, even though that disastrous Atlantic profile was his passion project
▼ + stars: | 2023-06-07 | by ( Nicholas Carlson | ) www.businessinsider.com time to read: +2 min

CNN chair and CEO Chris Licht was ousted from the network on Wednesday. Insiders say Licht was responsible for pushing The Atlantic profile forward. I guess the lesson is: when your boss is about to do something really stupid, throw your body in the way. I say that because, last Friday, The Atlantic published a brutal 15,000+ word profile on CNN chair and CEO Chris Licht and today – well, today he got fired. But it was Licht who pushed the project forward over the summer of 2022, including over a long dinner with the writer.

Persons: Chris Licht, Licht, Kris Coratti Kelly, Matt Dornic, Dornic, Tim Alberta, Kelly didn't, I'm Organizations: CNN, Morning

☆ Markets pricing out rate cuts for this year is the right move, says RegentAtlantic's Andy Kapyrin
▼ + stars: | 2023-06-07 | 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 EmailMarkets pricing out rate cuts for this year is the right move, says RegentAtlantic's Andy KapyrinPaul Donovan, chief economist at UBS Global Wealth Management, and AAndy Kapyrin, CI RegentAtlantic Private Wealth co-CIO, join 'The Exchange' to discuss the Fed's next policy move, signs of moderating inflation, and companies pushing off costs on to consumers.

Persons: Andy Kapyrin Paul Donovan, AAndy Organizations: UBS Global Wealth Management, Wealth

☆ Tucker Carlson's first Twitter show went big on UFOs and Ukraine war conspiracy theories. Musk must know that spells disaster.
▼ + stars: | 2023-06-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Tucker Carlson's Twitter show finally made its debut. This may be problematic for Elon Musk if advertisers and users find the content crosses a line. The first episode of Tucker Carlson's Twitter show is finally here and it's exactly as you'd expect it to be: a meandering, uninterrupted monologue on Ukraine war conspiracies, 9/11, and UFOs. Carlson's debut will do little to dispel the sense that Twitter under Elon Musk has become a merry-go-round of conspiracies and extreme speech. Musk also tweeted Carlson's first episode not with a congratulatory note, but instead by extending an invitation to others to launch their own programs.

Persons: Tucker, Elon Musk, Tucker Carlson's, Carlson, Jeffrey Epstein, You've, Ritchie Torres, Pekka Kallioniemi, tweeting, Anne Applebaum, It's, Musk, Carlson's, Linda Yaccarino Organizations: Twitter, Morning, Tucker Carlson's Twitter, Fox News, herder, Elon, Democrat, Fox, The New York Times, NBC Locations: Ukraine, Tajikistan

☆ CNN's media reporter delivered a brutal assessment of its CEO after embarrassing profile: 'Licht has lost the room'
▼ + stars: | 2023-06-06 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +4 min

CNN CEO Chris Licht has been hit with a torrent of criticism since a profile of him dropped Friday. CNN media reporter Oliver Darcy wrote that Licht had "lost the room." This time, it's coming from inside the house, as CNN media reporter delivered a brutal assessment of Licht in Monday night's Reliable Sources newsletter. "In the wake of The Atlantic's explosive story, I've spoken with dozens of staffers across the company," Darcy wrote. In fairness to Licht, Darcy also reported that the "somber" remarks the CEO delivered on Monday had "struck the right tone."

Persons: Chris Licht, Oliver Darcy, Licht, Darcy, Puck's Dylan Byers, Byers, Darcy wasn't, David Zaslav, Zaslav's, Zaslav, David Leavy Organizations: CNN, Morning, The Atlantic, Warner Bros Locations: Trump, America, Zaslav

☆ CNN's CEO bragged to the Atlantic about shedding 48 pounds through diet and exercise. Reports say he had a little help from Ozempic.
▼ + stars: | 2023-06-06 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +3 min

CNN CEO Chris Licht claimed to lose nearly 50 pounds from diet and exercise. Now sources tell the Daily Mail and the Daily Beast's Confider that Licht boasted of using Ozempic. Licht told reporter Tim Alberta he dropped nearly 50 pounds over the last three years through a strict diet and grueling exercise regimen. In the Atlantic profile, Licht, 51, boasted about his ascetic eating habits and intense early-morning workouts with trainer Joe Maysonet. "I'm a fucking machine," Licht told The Atlantic, explaining why he was skipping a meal.

Persons: Chris Licht, Licht, Tim Alberta, Ozempic, Joe Maysonet, Jeff Zucker, Zucker, —, It's, Matt Dornic Organizations: CNN, Daily Mail, Daily

☆ Jeff Zucker reportedly compared his firing from CNN to a gunshot wound: 'I gave them a gun, and they shot me with it'
▼ + stars: | 2023-06-04 | by ( Alison Brower | ) www.businessinsider.com time to read: +5 min

Jeff Zucker compared his firing from CNN to a gunshot wound, according to a New York Times report. Jeff Zucker compared his firing from CNN to a gunshot wound, according to a New York Times report — in part a self-inflicted one. "I gave them a gun, and they shot me with it," Zucker reportedly said. Zucker was an immensely popular leader at CNN, and his firing was a staggering shock to its newsroom and the media industry. Licht and Zucker met a few months after Zucker's firing, over a lunch in the Hamptons arranged by other media stakeholders, the Times reported.

Persons: Jeff Zucker, Zucker, Chris Licht, Allison Gollust, Tim Alberta, Gollust, Andrew Cuomo, Risa Heller, Heller, Zucker's, David Zaslav, Laurene Powell Jobs, Emerson, WBD, Licht, Don Lemon, Donald Trump, Zaslav, David Leavy Organizations: CNN, New York Times, Yale University, Times, Atlantic, WarnerMedia, Warner Bros, Discovery, Hamptons Locations: WarnerMedia, New York

☆ Inside CNN's epic PR fail that made a mockery of CEO Chris Licht
▼ + stars: | 2023-06-04 | by ( Nicholas Carlson | ) www.businessinsider.com time to read: +10 min

The Atlantic published a really tough article about CNN CEO Chris Licht. The disaster I'm referring to is Tim Alberta's devastating profile of CNN chair and CEO Chris Licht published Friday. And maybe, the story suggests, that's because that big idea is not really Licht's plan at all but one foisted on him by his boss, Warner Bros. Through the summer, Alberta and Licht and CNN comms people talked about what the story might look like. A handful of sources tell me Kelly was skeptical of whether this was a good idea, Dornic was happy to do whatever, and Licht really, really wanted to do it.

Persons: Chris Licht, CNN's goof, Tim Alberta's, Licht, Licht hasn't, Warner, David Zaslav, Zucker, Jeff Zucker, I've, I'm, Kris Coratti Kelly, Kelly, Matt Dornic, Dornic, Hugo, Evan Agostini, isn't, Michael Eisner, James B, Stewart, Eisner, Stewart's, Tim Alberta, Nikki Haley, Don Lemon, he'd, it's, that's, It's, wasn't, Zaslav Organizations: CNN, Trump Town Hall, Warner Bros, Discovery, Journalism, Licht, Global Communications, American Museum of, Disney, Alberta, Trump, Atlantic Locations: Alberta, Manhattan

☆ 'It's like watching a snuff film': Media elites shocked by The Atlantic's surgical dismantling of CNN boss Chris Licht
▼ + stars: | 2023-06-03 | by ( Nicholas Carlson | ) www.businessinsider.com time to read: +8 min

("I'm a fucking machine," Licht told me one day, when I asked why he was skipping a meal.) A clear-the-air town hall where he gets irritated with the CNN journalist interviewing him. Licht told Alberta. The big blunder Alberta returns to over and over in the story is the May 10 Trump town hall. Another media big wig, but one not at the conference, told me he thinks Licht is "done" at CNN.

Persons: moly, Chris Licht, Tim Alberta, Matt Dornic, Licht, Joe Maysonet, chirping, Zucker, Jeff Zucker, Here's Licht, Whatsapp, —, isn't, it's, Nikki Haley, Lago Organizations: CNN, Facebook, Alberta, Trump, Capitol, cnn, Cnn, Mar Locations: Alberta, Hudson, COVID, Puck, Trump, American

☆ CNN apparently removed the words 'sexual abuse' from a chyron ahead of Trump town hall, The Atlantic reports in bombshell profile of network head Chris Licht
▼ + stars: | 2023-06-02 | by ( Sarah Gray | ) www.businessinsider.com time to read: +3 min

CNN producers removed the words "sexual abuse" from a chyron ahead of Trump's town hall, per The Atlantic. The day prior to Trump's CNN town hall, he was found liable for defamation and sexual abuse. Nearly a month after the town hall, The Atlantic published an eye-opening profile of Licht and his tenure. On May 9, a jury found Trump liable for sexually abusing and defaming longtime Elle columnist E. Jean Carroll awarding her $5 million. The jury did not find Trump liable for rape; the former president has denied the allegations.

Persons: Tim Alberta's, Chris Licht, Chris Licht's, Donald Trump, Licht, Atlantic's Tim Alberta, Trump, E, Jean Carroll, Kaitlan Collins, Collins, Carroll, Oliver Darcy, Christiane Amanpour Organizations: CNN, CNN Worldwide, GOP Locations: Trump's, Alberta

☆ Atlantic Equities downgrades this music stock as A.I.-created songs threaten revenue growth
▼ + stars: | 2023-06-02 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Warner Music Group isn't shielded from the rise of artificial intelligence in the recording industry, according to Atlantic Equities. The firm downgraded Warner Music to neutral and lowered its price target to $26 per share from $39. Atlantic's new price target represents 6.6% upside from the stock's $24.39 close on Thursday. Warner Music Group stock has plummeted more than 30% from the start of the year. WMG YTD mountain Warner Music Group stock has slipped more than 30% this year.

Persons: Hamilton Faber, Faber, WMG, — CNBC's Michael Bloom Organizations: Warner Music Group, Warner Music, TikTok, Warner, Spotify

☆ Harvard happiness expert says these 2 common pieces of job advice are 'both terrible'
▼ + stars: | 2023-05-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Arthur Brooks has a happiness formula — and he doesn't think young people hear it enough. Brooks warned new graduates against two common but "terrible" pieces of advice: 1) "Go find a job that you love, and you'll never work a day in your life" and 2) "Go save the world." To expect your day job to solve the world's myriad problems is another recipe for disappointment, he said. Some may guess that the actual ingredients for job satisfaction are money, prestige, power and admiration: "No, no, no," Brooks said. Here are his two answers to finding happiness at work:

☆ Stocks slip as focus falls back on Fed
▼ + stars: | 2023-04-19 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

The Fed's "beige book" of economic conditions is published later on Wednesday and appearances are due from Chicago Fed President Austan Goolsbee and New York Fed President John Williams. Markets are pricing an 86% chance the Fed raises rates by 25 basis points at the May meeting, and that wasn't swayed terribly much by conflicting outlooks from two non-voting Fed officials on Tuesday. St Louis Fed President James Bullard told Reuters the Fed ought to keep raising rates to subdue persistent inflation. Atlanta Fed President Raphael Bostic told CNBC he thinks the Fed should hike one more time then pause to consider the next move. The prospect of peak rates has been applying downward pressure on the U.S. dollar.

☆ Is global warming helping loggerhead turtles colonise the Med?
▼ + stars: | 2023-04-05 | by ( Borja Suarez | ) www.reuters.com time to read: +3 min

REUTERS/Borja SuarezTALIARTE, Spain, April 5 (Reuters) - Growing numbers of loggerhead sea turtles are nesting and laying eggs on western Mediterranean beaches in what some scientists suggest could be a case of climate change causing habitat expansion of a threatened species. Along with the warming sea water, another factor probably benefiting the world's largest hard-shelled turtle, which is considered a vulnerable species, are protection programmes in countries like Spain and Cape Verde. The group rescues injured turtles in Spain's Canary Islands and studies their population in Cape Verde, the eastern Atlantic's main reproduction area. Their size and hard shell generally protect them from predators, but fishnets, ship rotors and pollution have become significant threats. Reporting by Borja Suarez, writing by Inti Landauro, editing by Andrei Khalip and Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

☆ Trump thinks an indictment will help him. It'll give DeSantis and Pence major headaches about how to respond.
▼ + stars: | 2023-03-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Trump's indictment might appear to open the door to the Republican Party ridding themselves of him. Trump thinks the GOP voters will stand with him. The most recent national poll of Republican voters found that 77% have a favorable view of him. Among key parts of the GOP primary coalition, Trump continues to do quite well. An earlier CNN-SSRS poll found a narrower race between Trump, DeSantis, and the rest of the field, but it also showed that 34% of self-described white evangelicals would name Trump as their preferred pick for the nominee.

☆ A potential banking crisis could do the Fed's job for it, says CI RegentAtlantic's Andy Kapyrin
▼ + stars: | 2023-03-15 | 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 EmailA potential banking crisis could do the Fed's job for it, says CI RegentAtlantic's Andy KapyrinAndy Kapyrin, CI RegentAtlantic private wealth co-CIO, Nancy Tengler, CEO and CIO at Laffer Tengler Investments, and Peter Boockvar, Bleakley Financial Group CIO, join 'The Exchange' to discuss pricing in the Fed's rate decision, mounting recession concerns, and the market response to banking sector turmoil.

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