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☆ Vietnam's FPT Software discusses its Japan business strategy
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVietnam's FPT Software discusses its Japan business strategyChu Thi Thanh Ha, chair of the Vietnamese software company, discusses expansion plans and how it captures market share in Japan.

Persons: Chu, Thanh Ha Organizations: Software Locations: Japan

Andrew Harnik | Getty ImagesPresident-elect Donald Trump's return to the White House is poised to have big impacts on consumer health care. CMS, in turn, administers the Affordable Care Act marketplace and the Children's Health Insurance Program (CHIP), among other endeavors. A spokesperson for Trump's transition team did not respond to a request from CNBC for comment about the President-elect's health policy plans. Still, it's a 'big' gamble to forgo health insurance Around 3.8 million people will lose their health insurance if the subsidies expire, the Congressional Budget Office estimates. Short-term health insurance plans offer coverage for limited amounts of time, and typically on fewer medical services than comprehensive coverage.

Persons: Donald Trump, Andrew Harnik, Donald Trump's, Michael Sparer, Sparer, Trump, Robert F, Kennedy Jr, Kennedy, who's, Mario Tama, Cynthia Cox, I'd, Cox, Sabrina Corlette, Georgetown University's, Corlette, Carolyn McClanahan, Larry Levitt, Levitt, enrollee, they're, Yasin Ozturk, Biden, It's, — Organizations: Base Andrews, Getty, Affordable, Trump, Republican, Columbia University, of Health Policy, Management, of Health, Human Services, Medicare, Services, CMS, Children's Health Insurance, Washington Post, The Washington Post, CNBC, Providence St, Mary Medical Center, Finance, American, ACA, Cox, Congressional, Office, Republicans, Center, Health, Georgetown, Georgetown University's McCourt School of Public, Planning Partners, Medicaid, Social Security, Maskot, of Columbia, U.S, Capitol, Washington , D.C, Anadolu Agency, GOP, Corlette, pharma, Centers Locations: Base Andrews , Maryland, U.S, Duluth, Apple Valley , California, Jacksonville , Florida, Washington ,

☆ Goldman Sachs sees this dividend play returning 20% annualized over next four years
▼ + stars: | 2024-11-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Investors may like AT & T for its juicy dividend, but the underlying shares also have "significant upside" ahead, according to Goldman Sachs. The Wall Street investment bank sees a number of factors at play that should boost returns for the Dallas-based telecom giant, which pays a dividend yield of 4.89%. Overall, Schneider anticipates sustained EBITDA growth of 3%, which is 100 to 200 basis points faster growth than Wall Street is currently modeling, he said. That sustained improvement on EBITDA growth should warrant a higher multiple over time, he added. The stock, which hit a 52-week high on Monday, is up 37% year to date, excluding the dividend.

Persons: Goldman Sachs, Goldman, James Schneider, Schneider, T's Organizations: Dallas, Verizon, Mobile Locations: United States

☆ Baird upgrades Roku, says the stock is a buy after its big 2024 drop
▼ + stars: | 2024-11-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Roku's huge underperformance this year has created an attractive buying opportunity for investors, according to Baird. Analyst Vikram Kesavabhotla upgraded the stock to outperform from neutral and hiked his price target by $20 to $90, implying more than 30% upside from Friday's close. "We also believe the continued fragmentation of content and heightened industry focus on monetization/engagement should help magnify the value of ROKU's platform." "Management is also expressing a disciplined approach toward operating expense growth going forward, which should allow ROKU to consistently deliver operating leverage over the coming years," Kesavabhotla added. Among the 32 analysts covering Roku, 17 have a holding rating, LSEG data shows.

Persons: Baird, Vikram Kesavabhotla, ROKU, Kesavabhotla Locations: Roku

☆ Uzbekistan targets growth with expansion to its capital
▼ + stars: | 2024-11-18 | by ( Amy Gunia | ) edition.cnn.com time to read: +5 min

CNN —About five million people live and work in Uzbekistan’s capital, Tashkent, making it the largest city in the country, and one of the most populous cities in Central Asia. The capital expansion, dubbed New Tashkent, could play an important role in helping the country create new jobs, draw investment and boost its economy. Growth through urbanizationIn 2017, Uzbekistan’s new president Shavkat Mirziyoyev launched an ambitious economic and social reform program. Sunset over Amir Temur Square in the center of Tashkent, Uzbekistan, September 15, 2016. Purpose-built innovation clusters are intended to catalyze the growth of target industries, while tourism areas aim to attract visitors.

Persons: ” Christine P, Chan, Shavkat Mirziyoyev, it’s, Amir Temur, ” Chan, Zaha Hadid, Hakan Agca, Agca, ” Organizations: CNN, Urban, Asian Development Bank, ADB, Getty, Economist Intelligence, Scientific Research, Amsterdam, London Locations: Tashkent, Central Asia, New Tashkent, Amir, Uzbekistan, “, ”, Tashkent Twin

This is the best Away Black Friday sale we've ever seen from the brand. Below, we've highlighted some of the best Away Black Friday deals on our favorite products. We particularly like the brand's Bigger Carry-On Flex and Aliminum Carry-On; we named both top picks in our guide to the best carry-on bags. Away's Carry-On and Bigger Carry-On bags used to have the option to add an ejectable battery for charging items on the go. Check out our roundup of all of the best Black Friday deals.

Persons: you'll, let's, they've Organizations: Business, TSA

☆ Trump's new FCC pick is a win for Elon Musk
▼ + stars: | 2024-11-18 | by ( Bryan Metzger | Jessica Orwig | ) www.businessinsider.com time to read: +4 min

Carr is an ally of Elon Musk and has previously gone to bat for his company, Starlink. President-elect Donald Trump's nomination of Brendan Carr to chair the Federal Communications Commission (FCC) isn't just a win for conservative opponents of Big Tech. Elon Musk has transformed long-dormant industries, and he’s developed a first principles “production algorithm” to deliver results. In 2022, the FCC denied SpaceX nearly $886 million in government subsidies to provide satellite internet access in rural areas via the company's Starlink service. It's still proving itself as a viable internet service provider and is relatively expensive for the quality, CNN reported in August.

Persons: Trump, Brendan Carr, Carr, Elon Musk, Donald Trump's, isn't, It's, Musk, he’s, It’s, JySzEtCsyj — Brendan Carr, it's, —, Starlink, Trump's, Michael Romano, NTCA, Carr's, he's Organizations: Federal Communications Commission, Big Tech, Department of Government, Republican, Trump, GOP, Administrative State, Twitter, FCC, SpaceX, POLITICO, CNN, Senate Locations: Administrative, Brazil, American

☆ Biden authorized Ukraine to strike Russia with U.S.-supplied long-range missiles
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +2 min

President Joe Biden has authorized Ukraine to use U.S.-provided long-range weapons inside Russia for limited strikes, according to two U.S. officials. The easing of longtime restrictions comes as North Korea has deployed thousands of troops to the Kursk region of Russia to support Russian troops fighting Ukrainian forces. The new authority applies to Army Tactical Missile Systems, or ATACMS, which Ukrainian officials have sought from the Biden administration. Andrew Harnik / Getty ImagesBut the change comes after Biden officials have condemned the North Korean deployment as a possible expansion of the war. In May, Biden secretly gave Ukraine permission to use American weapons to strike Russia just over the border.

Persons: Joe Biden, Biden, Andrew Harnik, Donald Trump Organizations: Army Tactical Missile Systems, White, Biden, Pentagon, White House, NBC, Russia Locations: Ukraine, Russia, North Korea, Kursk, Ukrainian, The U.S

☆ Evercore ISI gives its top tech picks for 2025
▼ + stars: | 2024-11-17 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +6 min

Evercore ISI already named its favorite technology stocks to own heading into 2025. Against that background, Evercore ISI analysts recently picked five tech stocks they're most sure of entering next year. Arista Networks The cloud network equipment company's conservative revenue guidance for 2025 leaves room for upside potential, according to Evercore ISI. Evercore ISI raised its 12-month price target on Arista to $450 from $425, indicating more than 20% upside from Friday's close. International Business Machines IBM is likely to top revenue estimates in 2025, Evercore ISI said.

Persons: ChatGPT, haven't, Evercore, Amphenol, Donald Trump's, Vertiv, — CNBC's Michael Bloom Organizations: ISI, Arista, Arista Networks, Apple, Business Machines IBM, Evercore, IBM, Holdings Vertiv Holdings Locations: CY25, capex, Wallingford , Connecticut, Waterville , Ohio

☆ Wegovy/Mounjaro: The UK thinks weight loss drugs could ease unemployment. Experts say that’s a fantasy
▼ + stars: | 2024-11-17 | by ( Lauren Kent | ) edition.cnn.com time to read: +8 min

London CNN —Weight loss drugs such as Wegovy and Ozempic have been hailed worldwide as revolutionary for medicine. Additional measures to prevent obesity in the first place are desperately needed, health experts say. Part of that new thinking is exploring weight loss drugs. The OHA has crunched the numbers on existing weight loss drugs like Wegovy, the brand name for the appetite suppressant semaglutide. “There is no such thing as a silver bullet for obesity,” the Obesity Health Alliance emphasized.

Persons: Wes Streeting, Streeting, Eli Lilly, It’s, Keir Starmer, ”, Alfred Slade, suppressant, ” Slade, “, it’s, Tom Little, prioritization, Jack Doughty, Martin White, ” White, White Organizations: London CNN, National Health Service, The Telegraph, Survey, British, Obesity Health Alliance, OHA, CNN, Reuters, Diabetes UK, NHS, of Health, Social Care, University of Cambridge Locations: United Kingdom, England, Novo Nordisk's, Denmark, sodas

☆ Insider Today: Uncle Elon vs. Uncle Sam
▼ + stars: | 2024-11-17 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

He talked to Business Insider about facing the "vacuum of death" in just a spacesuit. On the agenda today:Related VideoBut first: The world's richest man takes on the world's biggest government budget. Walking the DOGEXAOC/Getty, The Washington Post/Getty, t_kimura/Getty, Tyler Le/BIElon Musk made his name and fortune disrupting antiquated industries. AdvertisementBI secured access to an internal Tesla pay database, revealing the company's high-risk, high-reward system. The pay structure is ultimately part of CEO Elon Musk's quest to hire the most "hardcore" employees.

Persons: Jared Isaacman, XAOC, Tyler Le, Elon Musk, he's, Musk, Tesla, Reagan, Clinton, Jordan Strauss, Rebecca Zisser, Elon, Robot, Anna Kim, Getty, Michael Ostuni, —, Fiona Carter, Natalie Ammari, Sylvia Yeh, Goldman Sachs Organizations: Business, SpaceX, The Washington Post, Elon, of Government Efficiency, Twitter, Big Government, Big Tech, Tesla, Forward Press, Goldman, Corporate America

CNN —The spokesperson of the Lebanese militant group Hezbollah, Mohammed Afif, was reportedly killed in an Israeli strike on Beirut on Sunday. The attack was just the fourth Israeli strike inside Beirut’s city limits since 2006, when a 34-day armed conflict between Israel and Hezbollah took place. Dozens of Palestinians displaced by the ongoing Israeli operation in the nearby Jabalya area were sheltering in two of the houses hit, a local journalist said. People check the rubble of a building hit in an overnight Israeli strike in Beit Lahya in the northern Gaza Strip on November 17, 2024. Israeli forces withdrew after clashing with Hezbollah, Lebanese state media said.

Persons: Mohammed Afif, Afif, Ras, Hassan Nasrallah, Israel, Afif’s, Beit, “, panicking, Mahmoud Azaiza, Ali Jadallah Organizations: CNN, Reuters, Israel Defense Forces, Hezbollah, Getty, Al Aqsa Martyrs Hospital, IDF Locations: Lebanese, Beirut, Sunday, Beirut’s, Israel, Lebanon, Beit Lahiya, Gaza, Beit Lahya, AFP, Jabalya, Al Aqsa, Deir al, Anadolu, Chama, Haret

☆ Weak shipbuilding could be the US Navy's Achilles' heel in a war with China
▼ + stars: | 2024-11-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +14 min

The US Navy faces critical shipbuilding problems that could hobble it in a war with China. China's commercial and military shipbuilding capacity overshadows the rest of the world. China has pursued shipbuilding dominance over the past few years, building a massive naval fleet. Long-term investments and solutions are needed to fix the US Navy's shipbuilding problems. US Navy photo by Mass Communication Specialist Seaman Erwinjacob Miciano/ReleasedThe US Navy's shipbuilding woes aren't new, and there simply isn't a quick fix.

Persons: Shelby Oakley, Oakley, Paula Zorensky, Gerald R, Petty, Alex Smedegard, Bryan Clark, who's, Mackenzie Eaglen, Seaman Wesley J, Bryan McGrath, Matthew Funaiole, McGrath, Seaman Erwinjacob Miciano, Lisa Franchetti, Franchetti, John Harris, Campbell Organizations: US Navy, US, Getty Images China, Newport News Daily Press, TNS, Navy, Huntington Ingalls Industries, General Dynamics, Marinette Marine Corporation, of, Pentagon, USS Enterprise, Getty Images Navy, Shipbuilders, GAO, Shelby, Norfolk Naval Shipyard Shipbuilders, Shipbuilders Council of America, Ford, Columbia, Hudson Institute, American Enterprise Institute, Communication, Jiangnan Shipyard, Shipyards, China State Shipbuilding Corporation, China Power, Center for Strategic, International Studies, People's Liberation Army, of Naval Intelligence, Technological, Department of Defense, Pacific . US Locations: China, US Navy, Virginia, Columbia, Shelby West, Jiangnan, Dalian, Huangpu Wenchong, Hong Kong, Hudong, Shanghai, Beijing, Taiwan, Pacific, Japan, South Korea

☆ Trump picks oil industry CEO Chris Wright as Energy Secretary
▼ + stars: | 2024-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He has stood out among oil and gas executives for his freewheeling style, and describes himself as a tech nerd. The secretary also oversees the aging U.S. nuclear weapons complex, nuclear energy waste disposal, and 17 national labs. If confirmed by the Senate, Wright will replace Jennifer Granholm, a supporter of electric vehicles, emerging energy sources like geothermal power and a backer of carbon-free wind, solar and nuclear energy.

Persons: Donald Trump, Chris Wright, Wright, we’re, ” Wright, Biden, Trump, Jennifer Granholm Organizations: Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Republicans, Democrats Locations: Denver, Soviet, U.S, —, United States

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ Barnes & Noble is making a comeback
▼ + stars: | 2024-11-16 | by ( Erika Tulfo | ) edition.cnn.com time to read: +6 min

In a move that’s perhaps more symbolic than business-minded, Barnes & Noble, America’s largest retail bookseller, has reclaimed the flagship store it vacated in 2013. But Barnes & Noble would revamp its business model. “The problem with Barnes & Noble when I took it over was that the bookstores themselves weren’t very good,” Daunt told CNN. Foot traffic data for Barnes & Noble show that visits are up by 7% since 2019, according to location analytics company Placer.ai. Shannon DeVito, head of books at Barnes & Noble, says that beyond reigniting a love for reading, the BookTok trend has guided stores on what to stock.

Persons: Barnes, Noble, It’s, James Daunt, —, Barnes & Noble, ” Daunt, “, ”, we’d, influencers, Shannon DeVito, Kendra Keeter, Gray, it’s, Gray Barnes, ” DeVito, “ It’s, Harry Potter, we’ve, DeVito Organizations: CNN, Sales, Barnes &, Barnes, Amazon, Amazon Books, Kendra Locations: Washington, DC, Georgetown, Washington , DC, “, Barnes

☆ Trump picks oil industry CEO Chris Wright as Energy secretary
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Persons: Donald Trump, Chris Wright, Wright, we're, Biden, Trump, Jennifer Granholm Organizations: Republicans, Hyatt, Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Democrats Locations: Washington , DC, Denver, Soviet, U.S, United States

☆ Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +12 min

The main control room of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. (Take a deeper look inside the Three Mile Island nuclear power plant here.) Part of a control panel at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. A cooling tower at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. The turbine deck of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.

Persons: Danielle DeVries, Trevor Orth, Chris Crane, Constellation, Bryan Hanson, Hanson, Holtec, Mike Goff, Thomas Mehaffie, Tom Mehaffie, Mehaffie, Mehaffie's, PJM, Mark Christie, Alistair Speirs, Speirs, Ryan Levine, Levine, CNBC Hanson Organizations: CNBC MIDDLETOWN, Constellation Energy, Nuclear Regulatory Commission, Constellation, NRC, CNBC, Crane Clean Energy, Microsoft, Google, U.S . Unit, Energy Solutions, Unit, of Nuclear Energy, Department of Energy, Pennsylvania, Construction, Federal Energy Regulatory Commission, CNBC Federal, Nuclear Regulatory, Citi, General Electric Locations: Middletown , Pennsylvania, Pa, United States, U.S, Baltimore, Exelon, Michigan, Pennsylvania, Harrisburg

☆ These 'best-in-class' stocks are rising fast so buy them quickly, Bank of America says
▼ + stars: | 2024-11-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

CNBC Pro combed through Bank of America research to find stocks the bank believes are "best-in-class." They include Carvana , ESAB, Netflix , Texas Roadhouse and Johnson Controls . Texas Roadhouse Analyst Sara Senatore is sticking with shares of the Texas-themed restaurant following earnings in late October. BofA says Texas Roadhouse benefits from low staff turnover, innovative technology and same-store sales that continue to improve. In addition, Senatore called traffic growth "best-in-class" with month-to-month improvement even as the wider industry battles numerous headwinds.

Persons: Jessica Reif Ehrlich, Reif Ehrlich, Sherif El, BofA, ESAB, Sara Senatore, Senatore, Johnson Organizations: Bank of America, CNBC, Netflix, Texas, Johnson Controls, BofA, Gaming, El, JCI Locations: Bank, El, Texas, U.S, North America

☆ Pentagon received hundreds of new UAP reports, but says no evidence of extraterrestrial activity
▼ + stars: | 2024-11-15 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

Of those, 485 UAP reports occurred within that reporting period, and another 272 occurred between 2021 and 2022 but hadn't been included in previous annual UAP reports. Overall, the AARO has received 1,652 UAP reports total as of Oct. 24, 2024. “It is important to underscore that, to date, AARO has discovered no evidence of extraterrestrial beings, activity or technology,” the report said. Of the UAP reports, 81 originated from U.S. military operating areas. Of the new reports, 392 were from the Federal Aviation Administration and make up all of the FAA’s UAP reports since 2021.

Persons: UAPs, hadn't, ”, AARO, Jon Kosloski, ” Kosloski, ” Luis Elizondo, ” Elizondo, Robert Garcia, Garcia, Tim Gallaudet, “, Jon T, Kosloski, it’ll, “ AARO Organizations: Pentagon, Defense, Defense Department, National Intelligence, UAP, U.S . Navy, Ocean, Consulting, Federal Aviation Administration Locations: Congress, U.S, Cape Canaveral , Florida

☆ UK economy ekes out 0.1% growth in the third quarter, below expectations
▼ + stars: | 2024-11-15 | by ( April Roach | ) www.cnbc.com time to read: +3 min

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Gross domestic product came in at 0.1% in the three months to September compared to the previous quarter. That's below the 0.2% growth expected by economists polled by Reuters and follows an expansion of 0.5% in the second quarter of the year.

Persons: Mike Kemp, Rachel Reeves, Thiru, Donald Trump, Trump's, Andrew Bailey, I'm Organizations: of England, Getty, Gross, Reuters, National Statistics, Bank of England's, Bank of England, Labour, Finance, Institute of Chartered Accountants, U.S Locations: City of London, London, United Kingdom, The City, U.K, That's, Britain, England, Wales

☆ ‘Just pure uncertainty.’ Small businesses are hopeful and fearful ahead of Trump’s second term
▼ + stars: | 2024-11-15 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

However, the post-election environment is hitting different this time around for many small business owners, such as Barrel-Art’s Michael Prieto, and leaving them wondering what comes next. For business owners who already were unsettled about the economy or its direction prior to the election, navigating the months and years ahead could be even more precarious, he added. Running leaner, hoping for cheaper moneyIn the months leading up to the election, Prieto was taking a wait-and-see approach. Michael Prieto, owner of Barrel-Art, in his shop in Newport News, VA, on November 13. Michael M. Santiago/Getty ImagesSmall business owners, by their nature, are optimistic, he said.

Persons: Michael Prieto, Donald Trump, John Arensmeyer, they’ve, ” Arensmeyer, “, ”, Art’s Prieto, Prieto, America ”, “ It’s, he’d, We’ve, Arensmeyer, Michael M, I’ve, Clifton Broumand, Janna Rodriguez, Rodriguez, she’d, can’t, JD Opel, he’s, ” Opel, ” JD Opel, — Opel, “ I’ve, Trump, Jeff Wood’s, ” Wood, we’ve, it’s, Marc Marcuse, Marcuse Organizations: CNN, Small, Economic, Shipping, Port, Getty, Machine, Corp, Opel, Reel Management, Management’s, Republican, White Locations: America, Newport News, Newark, New Jersey, China, Maryland, Freeport , New York, Evansville , Indiana, Jeff Wood’s Coldwater, Florida , Georgia, Utah, Pennsylvania, Los Angeles, Florida

☆ Germany’s Scholz calls Putin, ending Western isolation over Ukraine
▼ + stars: | 2024-11-15 | by ( ) edition.cnn.com time to read: +4 min

The conversation on Friday was the first time Scholz had spoken with Putin in two years. It comes as the German leader gears up for a snap election and Europe waits to hear US President-elect Donald Trump’s plan for ending the war in Ukraine. “He stressed Germany’s unbroken determination to back Ukraine in its defense against Russian aggression for as long as necessary,” the spokesperson added. Ukraine said however that phone conversations with Putin brought no added value on the path to achieving a “just peace” in Ukraine. But of course, (it is a) question about how Russia spins it.”Scholz to brief alliesThe Kremlin said Putin had told Scholz Russia was willing to look at energy deals if Germany was interested.

Persons: Volodymyr Zelensky, Vladimir Putin, Putin, ” Zelensky, Chancellor Olaf Scholz’s, Scholz, Donald Trump’s, Zelensky, “, ”, Trump, ” Scholz, Scholz Russia Organizations: Berlin Reuters, Kremlin, Reuters, Scholz’s Social, Ukraine, Kyiv, European Union, NATO, Ukrainian Locations: Ukraine, Kyiv, Russia, Berlin, Germany, Baltic, North Korea, Russia’s, Kursk, United States

☆ Goldman initiates a buy rating on this one-time pandemic stock darling, sees more than 50% upside
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

A number of catalysts could drive gains for Teladoc Health in the coming months, according to Goldman Sachs. Analyst David Roman initiated coverage on the name with a buy rating, and his price target of $14 implies 56.3% upside from Thursday's close. Looking ahead to next year, he anticipates that the virtual health care company's results will be driven by slightly better-than-expected top-line growth in its Integrated Care segment. But that didn't quite come to fruition as the pandemic eased with patients returning to in-person visits and larger health care players developing their own telehealth solutions. Among the 27 analysts covering it, only six in total have a strong buy or buy rating.

Persons: Goldman Sachs, David Roman, Roman Organizations: Teladoc Health

☆ The fight over Jerome Powell puts Elon Musk at odds with Wall Street
▼ + stars: | 2024-11-15 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

There's little appetite on Wall Street for undermining the central bank or ousting Jerome Powell. On Friday, billionaire Elon Musk endorsed a suggestion to let the president control the Federal Reserve, which is run by Chair Jerome Powell. Advertisement"He seems to be someone who has the ear of the president," Mark Spindel, an investment manager who co-wrote a history of Fed independence, told Business Insider of Musk's influence. Many Wall Streeters are concerned that undermining Fed independence would undercut investors' faith in the stock and bond markets. Trump is, Siegel said, extremely attuned to the stock market and uses it as a barometer of his success.

Persons: Elon Musk, Jerome Powell, —, Powell, Mark Spindel, Trump, Jeremy Siegel, he'd, Stocks, reappoint Powell, Scott Bessent, Peter Orszag, Obama, Lazard, Wharton's Siegel, Gallup, Siegel, Spindel, Musk's, Volodymyr Zelenskyy Organizations: Federal Reserve, Service, Wall Street Journal, Wharton School, University of Pennsylvania, Fed, Trump, Bloomberg, Federal, Treasury, Congress Locations: Powell, Europe, Japan, U.S, Trump

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