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☆ Embattled Abbott Labs comes through with a strong quarter, buyback announcement
▼ + stars: | 2024-10-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Organic sales, which exclude Covid testing, were up 8.2% from the year-ago period. Bottom line In its third quarter, Abbott Labs demonstrated why we wanted to stick with the stock in the face of legal battles that emerged earlier this year and spooked investors. "There's just a lot to like with the Abbott quarter." As Abbott's organic sales growth continues to shine, the market will realize both concerns are overblown. The company reiterated its full-year organic sales growth outlook of 9.5% to 10%.

Persons: ABT, Abbott, Jim Cramer, Dexcom, Robert Ford, Ford, Lingo, —, it's, Edwards, Jim Cramer's, Jim, Ethan Miller Organizations: Abbott Laboratories, Revenue, Abbott Labs, NEC, Abbott, Ford, and Drug Administration, Centers for Disease Control, National Institutes of Health, CNBC, Las Vegas Convention, Getty Locations: U.S, Missouri, Las Vegas , Nevada

The FDA’s announcement on Oct. 2 declaring the shortage over meant that compounding pharmacists had to stop filling tirzepatide prescriptions. Simone Williams, 50, of Spartanburg, S.C was prescribed compounded tirzepatide in June 2023 after her Mounjaro savings card expired. Williams began taking compounded tirzepatide for weight loss last year after her Mounjaro savings card expired. Tirzepatide was on the FDA’s drug shortage list for nearly two years. ‘Peace of mind’Meanwhile, patients and compounding pharmacists are celebrating the FDA decision to allow tirzepatide compounding to continue.

Persons: Lilly’s, Mounjaro, Zepbound, semaglutide, Wegovy, drugmakers, tirzepatide, “, Simone Williams, S.C, Simone Williams Simone Williams, Williams, ” Williams, she’s, I’m, ”, Lilly, Michael Ganio, Ganio, Dr, Christopher McGowan, ” McGowan, ” Lilly, Jared Shapiro, ’ ” Shapiro, Elizabeth Kenly, ” Kenly, Kenly Organizations: Drug Administration, FDA, Association, American Society of Health, System, Outsourcing, Alliance, Pharmacy, APC Locations: Spartanburg, Spartanburg , South Carolina, U.S, Cary , North Carolina, Graham , North Carolina

☆ ‘Terrifier 3’ tops box office with $18 million debut, ‘Joker: Folie à Deux’ collapses with brutal 81% drop
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

There’s only room for one killer clown at the top of box office charts. Meanwhile “Joker: Folie á Deux,” which topped the box office last weekend, collapsed in third place with $7.055 million from 4,102 theaters. So far, “Folie a Deux” has generated $51.6 million domestically and $165.3 million globally. The well-reviewed family film has amassed $83.73 million domestically and $148 million globally to date. It has earned $52.8 million domestically and $111 million worldwide so far.

Persons: “, Beetlejuice, ”, Joaquin Phoenix, Damien Leone, David A . Gross, Pharrell Williams, Morgan Neville, Rogers, Gross, Sony’s, Jason Reitman, Sebastian Stan, Donald Trump, CinemaScore, Trump, Tim Burton’s, ‘ Taylor Swift, Paul Dergarabedian, “ It’s Organizations: Warner Bros, Rotten, Motion, Entertainment Research, Cannes Film, Briarcliff Entertainment, Universal, DreamWorks, Optimus Locations: North America, CinemaScore

☆ Goldman Sachs says these stocks are a table-pounding buy ahead of earnings
▼ + stars: | 2024-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. TKO Group The sports media company and owner of the UFC is firing on all cylinders ahead of earnings in November. TKO Group shares are up 56% in 2024. LivaNova Analyst David Roman and his team recently initiated coverage of LivaNova with a buy rating.

Persons: Goldman Sachs, Eric Sheridan, Sheridan, Christian Luiga, Stephen Laszczyk, Laszczyk, David Roman, Roman, LivaNova Organizations: Goldman, Spotify Technology, Spotify, UFC, TAM, Sports Media

Her case is far from unique, however: Hospitals across the United States have said they’re taking steps to conserve their supply of IV fluids, including postponing or canceling nonemergency surgeries. IV fluids do more than deliver drugs or electrolytes directly into a patient’s bloodstream. On Monday, the AHA urged President Joe Biden to declare a nationwide emergency over the limited supply of IV fluids. She’s been dependent on IV nutrition, which delivers nutrients directly into her bloodstream, for more than eight years. Hannah Hale, in 2016 on her first day home after a long hospitalization, with her TPN, or IV nutrition.

Persons: Yvonne Hemz, Abbott Northwestern, Hurricane Helene, Hemze, hasn’t, ”, They’re, Chris DeRienzo, Joe Biden, Hannah Hale, Baxter, Hale, She’s, “, ” Hale, It’s, won’t, ASPR, Alli Longenhagen, Kabi, they’ve, Paul Biddinger, Brigham, Robert, Robert —, —, I’m Organizations: Baxter International, NBC News, Health, Abbott Northwestern, Allina Health, Gatorade, American Hospital Association, AHA, The New York Times, NBC, Food and Drug Administration, U.S, FDA, Administration, Strategic Preparedness, Department of Health, Human Services, Braun, Mass Locations: Farmington , Minnesota, North Carolina, United States, U.S, Dallas, Canada, China, Ireland, United Kingdom, Hale, Daytona Beach , Florida, Hurricane Milton, Boston, Chicago

Trump’s re-election campaign has excoriated the project, calling it “pure malicious defamation” and “garbage,” and sent the producers a cease-and-desist letter. Vanity Fair journalist Gabriel Sherman, who wrote the screenplay, draws a direct line between Cohn’s bare-knuckle tactics and Trump’s modern-day political persona. In one graphic scene, the dramatized Trump character sexually assaults his first wife, Ivana Trump (played by Maria Bakalova), after a bitter argument. In another notable sequence, Trump’s character goes under the knife for scalp reduction surgery and a liposuction procedure. “You might find some of these character questions you have about Trump answered,” Abbasi said.

Persons: Donald Trump, Trump’s, Ali Abbasi, Abbasi, “, ”, McCarthy, Roy Cohn, Trump, Gabriel Sherman, Cohn, Jeremy Strong, Sebastian Stan, ” Abbasi, Sherman, Fred, Ivana Trump, Maria Bakalova, ” Pief, Steven Cheung, doesn’t, ” Cheung, Tom Ortenberg, ’, ” Ortenberg, Kevin Smith’s, Bill Maher’s “, Oliver Stone’s “, George W, Bush, Briarcliff, Jamal Khashoggi, Ortenberg, It’s Organizations: Cannes Film, Republican, New York, Manhattan, Vanity, NBC, Trump, Hollywood, Briarcliff Entertainment, Catholic League, Washington Post, Saudi, Variety Locations: Hollywood, American, Tehran, Copenhagen, “, New York City, Saudi Arabian, Istanbul

☆ 'The Apprentice' director shares the challenges of making a Donald Trump movie despite receiving a cease-and-desist letter from the former president
▼ + stars: | 2024-10-11 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

Ali Abbasi's film 'The Apprentice' faced backlash from Donald Trump after its Cannes debut. Advertisement"The filmmakers now readily admit they fabricated scenes and created fake stories to fit some deranged narrative about President Trump that is completely untrue," Trump communications director Steven Cheung said Friday. Do a Donald Trump movie!" But frankly, my motivation was that it is not a Donald Trump movie. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali Abbasi's, Donald Trump, Abbasi, —, Ali Abbasi, Shelley, Sebastian Stan, Roy Cohn, Jeremy Strong, Stan, Strong, Maria Bakalova, Ivana Trump, Ivana, Trump, Gabriel Sherman, Michael Moore's, Trump's, Steven Cheung, Kamala, Kamala Harris, doesn't, You've, I'm, Roy, Donald, Roy Cohn's playbook, Gabe, Win McNamee, Sebastian, Jeremy, Maria, Martin Donovan, Fred, We're, John Nacion, don't, That's, wouldn't Organizations: Cannes, Trump, Service, York, Briarcliff Entertainment, Business, Zoom, Hollywood, White House, Coastal Carolina University Locations: New York City, Danish, Iran, York City, Hollywood, Cannes, Conway, SC, Scythia, Trump

☆ Behind the scenes of the Trump movie Trump doesn't want you to see
▼ + stars: | 2024-10-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

That's because of a twisty backstory involving gun-shy Hollywood studios, a fledgling producer, and his father-in-law: Dan Snyder, a billionaire Trump supporter who initially bankrolled the movie. Related storiesYou got a Trump supporter to fund this movie, which in no way is a movie a Trump supporter would want to see, let alone fund. And so indirectly, a Republican Trump donor's money was paying for the production of this movie. The nightmare scenario would be that we shoot this movie and then Dan Snyder hates the movie and somehow is able to block it. AdvertisementThis will sound pretty cavalier from me, but: It seems like if there's an "unseeable Trump movie" that is going to immediately make people demand to see it.

Persons: Donald Trump's, Vanity Fair's Gabriel Sherman, —, Donald Trump, Gabriel Sherman, Sherman, Roy Cohn, Trump, Sebastian Stan, Bucky Barnes, Cohn, Succession's, Jeremy Strong, you'd, Dan Snyder, humanizes Trump, I've, humanize Donald Trump, I'm, Roger Ailes, It's Donald Trump's, Mark Rapaport, He's, Snyder, Ivana, Dan, who've, unseeable, Jeff Bezos, doesn't, mishegoss, Time Warner Organizations: Trump, Service, Marvel, Hollywood, Fox News, YouTube, Republican, Washington NFL, NFL, Republican Trump, Cannes, Telluride Film, MGM, Washington Post, FCC, Justice Department, Time Warner, CNN, Time, DOJ Locations: New York City, Cannes, French, France, America, Hollywood

A limited supply of IV fluid, stemming from damage caused by Hurricane Helene, is forcing some hospitals across the U.S. to postpone elective surgery and other nonemergency procedures to safeguard their stock. He also said the medical center has “doubled down” on efforts to prevent wasting IV fluid, as it’s the area’s only level 1 trauma hospital. A number of IV products, including sodium chloride, dextrose and sterile water, have already been in short supply. The Baxter facility shutdown hasn’t led to any new IV fluid shortages yet, the Food and Drug Administration said Tuesday. On Tuesday, the agency also helped safely move IV products from B. Braun Medical’s Daytona Beach facilities out of the path of Hurricane Milton, Dembner said.

Persons: Hurricane Helene, Helene, Eric Swensen, Swensen, —, “, Christine Hill, ”, Joe Biden, Baxter, it’s, Zachary Dembner, Braun, Dembner, Alli Longenhagen, ” Shea Siegert, ” Siegert Organizations: Baxter International, Braun, Minnesota Hospital Association, Baxter’s, UVA Health University Medical Center, Minnesota Hospital, Facebook, ”, ” Hennepin Healthcare, American Hospital Association, Food and Drug Administration, Department of Health, Human Services, FDA, Administration, Strategic Preparedness, HHS, Enloe Health, Alaska Native Tribal Health Consortium Locations: North Carolina, Daytona Beach , Florida, Baxter’s North Carolina, Charlottesville , Virginia, Culpeper , Haymarket, Manassas, U.S, ” Hennepin, Minneapolis, Hurricane, East, Gulf, Puerto Rico, Hurricane Milton, Chico , California

☆ Supreme Court returns to work with an eye on a post-election storm
▼ + stars: | 2024-10-06 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

And Trump is all but guaranteed to resurface at the Supreme Court in coming weeks to clarify the sweeping criminal immunity the court bestowed on him in July. “As matters stand now, this feels like the court is keeping its powder dry in case the election explodes,” Carter Phillips, a veteran Supreme Court litigator, told CNN early last week. A poll released by the Annenberg Public Policy Center on Wednesday found 56% of Americans disapprove of the Supreme Court. Take, for instance, Trump’s ban on travel from predominately Muslim nations, which made repeat trips to the Supreme Court. The Supreme Court has already dipped into next month’s election in a few emergency cases, two of which involved third-party candidates trying to remain on state presidential ballots.

Persons: Kamala Harris, Donald Trump, Trump, ” Carter Phillips, litigator, Biden, Roe, Wade, –, John Roberts, “, ” Lisa Blatt, Roberts, William Rehnquist, Gore, George W, Bush, Sandra Day O’Connor, ” David Cole, it’s, Ketanji Brown Jackson, ” Organizations: CNN, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Trump, Annenberg Public, Center, New York Times, Federalist, Chief, ACLU, Georgetown Law, Republican, Democratic, “, Supreme, Human, Department, CBS News Locations: Louisiana, Texas, Mexico, Bush, Tennessee

☆ Sesame Workshop's top marketer is leaving during a critical period of transition
▼ + stars: | 2024-10-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Sesame Workshop's chief marketer, Samantha Maltin, is leaving the company. Maltin's exit follows Sesame Workshop's CEO change and upcoming "Sesame Street" revamp. Sesame Workshop is in the midst of negotiations with distributors for the show. With beloved IP that appeals to multiple generations, "Sesame Street" could be attractive to other streamers eager for tried-and-true content. AdvertisementShe also helped create a "Sesame Street" brand image celebrating its 50th anniversary.

Persons: Sesame, Samantha Maltin, Max, —, Maltin, Jude, Maltin didn't, HBO Max Organizations: Service, Business, Sesame, Warner Bros, HBO, Netflix, PBS, YouTube, Networks, Nickelodeon, Viacom Locations: Memphis , Tennessee, Sherrie, Schireson

☆ US Supreme Court to decide if Mexico may sue gunmakers for border violence
▼ + stars: | 2024-10-04 | by ( Tierney Sneed | John Fritze | ) edition.cnn.com time to read: +7 min

CNN —The US Supreme Court will decide whether a federal law prevents Mexico from suing gun distributors for allegedly facilitating the flow of firearms to drug cartels. The court had already agreed to hear cases on President Joe Biden’s regulation of “ghost guns” and vaping. Mexico says gunmakers are recklessIn its lawsuit, Mexico alleged the manufacturers and distributors were aiding and abetting the purchase of their firearms by dealers known to supply drug cartels. At the heart of the dispute before the Supreme Court is the 2005 federal law passed by a GOP-led Congress. Lawyers for Mexico, which asked the court not to disturb the 1st Circuit’s ruling, defended the ruling’s rationale and argued that it was premature for the Supreme Court to take up the case.

Persons: Joe Biden’s, Donald Trump, gunmakers, Marlean Ames, Ames, ”, Biden, Ruben Gutierrez, Escolastica Harrison, Marcellus Williams, Felicia Gayle, Williams, CNN’s Devan Cole Organizations: CNN, Smith & Wesson, Arms, GOP, Circuit, Twitter, ISIS, Lawyers, Department of Youth Services, Appeals, Nuclear Regulatory, Nuclear Regulatory Commission, Storage Partners Locations: Mexico, Mexico’s, Cincinnati, Ohio, Texas, Oklahoma

☆ CNBC Sport: A responsible look at women's sports exuberance
▼ + stars: | 2024-10-03 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +28 min

Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.

Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,

A California doctor is expected to plead guilty Wednesday in a deal with federal prosecutors over the fatal overdose of “Friends” star Matthew Perry last year. According to an 18-count indictment filed in August, Chavez is one of five individuals charged in connection with Perry's accidental overdose. The other individuals charged in connection with Perry’s death include the actor’s live-in personal assistant Kenneth Iwamasa, 60, and Erik Fleming, 54, a friend of Perry’s who authorities described as a “street dealer.” Both have pleaded guilty and await sentencing. Also charged is Jasveen Sangha, 41, an alleged drug dealer known as the “ketamine queen” who has pleaded not guilty. “We allege each of the defendants played a key role in his death by falsely prescribing, selling or injecting the ketamine that caused Matthew Perry’s tragic death,” Drug Enforcement Administration chief Anne Milgram said when the charges were announced.

Persons: Matthew Perry, Mark Chavez, Jean Rosenbluth, Perry, Chavez, Salvador Plasencia, Plasencia, ”, “, Chavez’s, Matthew Binninger, Kenneth Iwamasa, Erik Fleming, Perry’s, Matthew Perry’s, Anne Milgram Organizations: Drug, Administration Locations: California, Los Angeles, Santa Monica

☆ Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'
▼ + stars: | 2024-10-02 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

AdvertisementBrian Fetting and Dan Juhnke welded every chair and table for their business, New Origin Brewing in Asheville, North Carolina. Last week, Hurricane Helene stripped away nearly everything. New Origin Brewing is in one of the hardest hit cities by Hurricane Helene, despite its mountain location, 300 miles inland. Some of New Origin's brewing equipment, destroyed by Hurricane Helene. For most of the small breweries dotting the French Broad River and the Blue Ridge Mountains, the devastation from Hurricane Helene can't just be measured in dollars lost.

Persons: Helene, —, Brian Fetting, Dan Juhnke, Fetting, Hurricane Helene, he's, He's, Dan, Mike Semenec, Semenec, DSSOLVR, Harrison Fahrer —, Asheville —, Fahrer, Tim Kent, They're, Kent, Juhnke, Bryna Frosaker, Adam Charnack, Frosaker, Charnack Organizations: Service, Business, Brewery, Asheville Metro Area Breweries, North Carolina Beer & Wine, Juhnke Brewery Locations: North Carolina, Asheville , North Carolina, Hurricane, Gulf Coast and Georgia, Buncombe County, Asheville, Minnesota, North, Tampa, Durham, North Carolina's, Charnack

☆ DirecTV's CEO says its Dish acquisition 'isn't so much about bullying' media giants — but it's definitely about playing hardball
▼ + stars: | 2024-10-01 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

But there's another clear aim for DirecTV: getting more leverage over content providers. AdvertisementLike all pay-TV providers, DirecTV has been crushed by cord-cutting for the last decade or more. The satellite titan hopes to stem the tide by offering skinnier, genre-based bundles and streaming services at no extra cost, though industry observers doubt those moves can reverse declines. AdvertisementDirecTV may need to fight to surviveDirecTV has a survival plan: It wants to become the ultimate middleman between content providers and consumers. AdvertisementBut there's a space between bullying and collaboration, which is where the relationship between TV distributors and programmers usually stands.

Persons: —, Corey Martin, It's, Jon Greer, Venu, Bill Morrow, Morrow, Greer Organizations: DirecTV, Dish, Service, Dish Network, TPG, Disney, ESPN, ABC, Comcast, Granderson Des Rochers's Entertainment Finance, Sports, Hulu

☆ Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
▼ + stars: | 2024-09-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.'s stake in Nio China to 88.3% from its current 92.1%. CVS Health — Shares jumped 3.3% on news that hedge fund Glenview Capital intends to meet with CVS Health's executives to boost the struggling business. Crypto stocks — Stocks tied to the price of bitcoin retreated with the cryptocurrency following a sizeable rally last week. Cumberland Hospital for Children and Adolescents is an "indirect subsidiary" of Universal Health Services, according to an 8-K filing.

Persons: Nio, Alibaba, Stocks, bitcoin, Coinbase, MicroStrategy, Bitcoin, EchoStar, Piper Sandler, Stephen Scouten, — CNBC's Sean Conlon, Tanaya Macheel, Sarah Min, Jesse Pound, Pia Singh Organizations: Nio Inc, GM, Ford, CVS, —, Glenview Capital, CNBC, DirecTV, Amerant, Moderna, Universal Health Services, Cumberland Hospital for Children Locations: U.S, China, Glenview, Florida

☆ EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming
▼ + stars: | 2024-09-27 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +4 min

The combination of Dish and DirecTV has been rumored for years and nearly happened in 2002 until it collapsed under regulatory pressure. The prospect of a future EchoStar bankruptcy and deal approval from creditors make the completion of a deal complicated. EchoStar has a total enterprise value of about $31 billion and a market capitalization of about $7.6 billion. Dish ended its last quarter with 6.1 million satellite subscribers and 2 million customers for Sling TV, Dish's over-the-internet package of linear networks. DirecTV has also felt the pain, losing millions of subscribers since AT&T bought the company in 2015 for $67 billion with debt.

Persons: Charlie Ergen, EchoStar, MoffettNathanson's Craig Moffett, — CNBC's Lillian Rizzo Organizations: Dish Network, DirecTV, TPG, AT, Dish, Satellite, Netflix, Disney, Amazon Prime, Sling, T, CNBC, ESPN

The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.

Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico

☆ Nuggets, Avalanche launch streaming service, with some games aired on local broadcast stations
▼ + stars: | 2024-09-26 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +4 min

Local fans of the NBA's Denver Nuggets and the NHL's Colorado Avalanche will have some new ways to watch their teams' games this season. Beginning this season, there will be 20 Nuggets and 20 Avalanche games on Tegna's free local over-the-air broadcasts, 9NEWS and My20. The platform will give fans in the Denver media market access to all Avalanche and Nuggets games for $19.95 a month. Stars games will be available on streaming service Victory+ this season, and the local Ducks games will be available via Victory+ and a local over-the-air broadcast. These pay TV contracts help support the billions of dollars in fees that the networks pay professional sports leagues to air their games.

Persons: Nikola Jokic, Bones Hyland, Norman Powell, Stan Kroenke's, Tegna, It's, Steve Smith, Gray Organizations: Denver Nuggets, Los Angeles Clippers, Crypto.com Arena, NHL's Colorado Avalanche, Kroenke Sports, Entertainment, Denver's NBA, NHL, Avalanche, Nuggets, NBA, New Jersey Devils, Buffalo Sabres, Sports, DirecTV, Fubo, Communications, Comcast, Dish, Entertainment's KSE Media Ventures, CNBC, Bally Sports, Diamond Sports, Dallas Stars, Anaheim Ducks, Ducks, Dallas Mavericks, New Orleans Pelicans, Tegna, Pelicans, Mavericks, YES, New York Yankees, MSG Networks, New York Knicks, NHL's New York Rangers Locations: Los Angeles, Denver, Prague, North America, NBCUniversal

☆ Nielsen names NBCU top media distributor in August
▼ + stars: | 2024-09-24 | 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 EmailNielsen names NBCU top media distributor in AugustNielsen CEO Karthik Rao joins 'Squawk Box' to discuss the company's new report on top media distributors, new ways to measure audiences, TV viewership, and more.

Persons: Karthik Rao Organizations: Nielsen

☆ These funds aim to multiply the market's dividend yield. How they stack up to competitors
▼ + stars: | 2024-09-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The funds target distributions equal to six times the dividend payouts on the Nasdaq-100 Index and four times the S & P 500 dividend, respectively. The idea behind the Pacer funds is that the funds will capture more of that upside during market rallies, according to Sean O'Hara, president at Pacer ETF Distributors. The QDPL's website currently shows a distribution yield of 5.79%, or more than four-times the roughly 1.3% dividend yield on the S & P 500, according to YCharts.com. The dividend futures could also see bigger gains if more companies in the index decide to start paying dividends. To be sure, the dividend futures contracts could also decrease in value during times of economic stress.

Persons: Sean O'Hara, O'Hara, QDPL, Dow, Apple Organizations: Nasdaq, —, ETF Distributors, Schwab, Equity, Dow Jones, CME Group, Pacer, SEC, Microsoft

☆ Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected
▼ + stars: | 2024-09-20 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Discovery to form sports streaming service Venu, which promised to offer access to tons of live sports at less than half the cost of traditional cable bundles. Unlike ESPN+, this service will have all of ESPN's content, including Monday Night Football games and shows like "First Take." Disney is doing everything it can to make sure it's not in the same boat — hence its investments in projects like Venu and ESPN Flagship. Despite that drawback, Nollen is optimistic about ESPN Flagship. If ESPN Flagship hits those milestones, it can fully offset the losses from pay TV, which it will — ironically — be partially responsible for.

Persons: —, Venu, Tim Nollen, Nollen, Fubo, Venu Sports, Craig Moffett, Michael Nathanson, MoffettNathanson, Margaret Garnett, Garnett, It's, Peacock Organizations: Service, Disney, Media, Business, Netflix, Fox, Warner Bros, ESPN, Football, US, DirecTV, ESPN Flagship, Paramount, NBC, CBS Locations: skinnier

☆ The Barbie playbook: How Mattel's CEO is transforming the toy maker into an entertainment company
▼ + stars: | 2024-09-19 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Read previewMattel CEO Ynon Kreiz is trying to transform the toy maker into an entertainment company — but don't look for it to be a funder or distributor in its own right. After 2023's smash success of Greta Gerwig's "Barbie," Kreiz has become one of the most intriguing figures in Hollywood. Kreiz spoke with Business Insider on Wednesday about lessons from Barbie and how he's turning Mattel into an IP company. At a time of massive disruption in entertainment, Kreiz thinks Mattel is well-positioned. But "Barbie" established a blueprint for Mattel's future projects in working with top creatives, providing promotion power, and staying true to its brands, Kreiz said.

Persons: —, Ynon Kreiz, Greta Gerwig's, Barbie, Kreiz, John Cena, . Abrams, Kara Swisher, Mattel, Mattel Mattel, What's, We're, it's Organizations: Service, Mattel, Business, Advance, YouTube, Maker Studios, Disney, Endemol Group, Warner Bros, Procter, Gamble, Adobe Locations: Hollywood, ., New York, billings

☆ Hellboy is one of Hollywood's most beloved characters. So why does hardly anyone know a new movie exists?
▼ + stars: | 2024-09-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

Read previewA new "Hellboy" movie is coming to theaters — but most people have no idea. "Hellboy: The Crooked Man" takes the hero back to the roots of Mignola's horror-tinged comics. Perhaps most surprisingly, "Hellboy: The Crooked Man" is not as disastrous as the marketing might suggest. Some believe Millennium Media made "The Crooked Man" on a small budget with the sole intention of keeping the rights to Hellboy. The director of 'Hellboy: The Crooked Man' said he knew the movie would face 'challenges'Jack Kesy as Hellboy and Adeline Rudolph as Bobbie Jo Song.

Persons: —, Guillermo del Toro's, Mike Mignola's, del Toro, Ron Perlman, Perlman, Hellboy, David Harbour, Brian Taylor —, Jack Kesy, Martin Bassindale, It's, Adeline Rudolph, Bobbie Jo Song, Yana Blajeva, Ethan Baird, Baird, Brian Taylor, Rob Mitchell, Mitchell, you've, Taylor, I've Organizations: Service, Business, Millennium Media, Marvel, YouTube, Millennium, Gower, Analytics, Revolution Studios, Universal Pictures, Millenium Media, Entertainment, iTunes Locations: Bulgaria, Portugal, Spain, American

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