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☆ Bank of America downgrades Dick's Sporting Goods after worst day on record
▼ + stars: | 2023-08-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Things aren't looking good for Dick's Sporting Goods , and Bank of America thinks investors need to steer clear of the athletics apparel. The stock plunged 24.1% on Tuesday — its biggest one-day drop on record — on weaker-than-expected second-quarter results. Dick's also cut its guidance for the year amid a rise in retail theft and sluggish sales in its outdoor segment. DKS 5D mountain Dick's Sporting Goods shares "Post 2Q results, we see increased risks to DKS sales & margin outlook," analyst Robert Ohmes said in a Wednesday note, adding that there are "risk[s] of further inventory action in 2H." To be sure, the analyst believes Dick's "near-term headwinds are partially offset by compelling valuation."

Persons: Dick's, Robert Ohmes, Ohmes, Armour, — CNBC's Michael Bloom Organizations: Dick's Sporting Goods, Bank of America, Sporting Goods, Nike, adidas, exclusives

In one of the best Prime Day deals, the 13-inch version of the 2020 MacBook Air remains available for $749.99 at Amazon — an all-time low price and a $250 discount. We once named the 2020 MacBook Air one of the best laptops you can buy, and it's an unbeatable deal with this significant Prime Day markdown. But this deal will only last a few more hours, as Prime Day exclusives end tonight. Apple still sells the M1 MacBook Air in a new condition alongside the newer MacBook Air models that run on the more powerful M2 chip, which is a testament to the M1 MacBook Air's sustained power as a notebook, nearly three years after its release. At $250 off the laptop's $1,000 list price, an all-time low price point for this model, Amazon's Prime Day deal on the 13-inch M1 MacBook Air is an exceptional value for an older laptop that will provide years of use.

Organizations: Amazon, Intel, Apple

Organizations: Amazon, Intel, Apple

☆ Microsoft and Activision Chiefs Testify Merger Will Benefit Consumers
▼ + stars: | 2023-06-28 | by ( Kellen Browning | ) www.nytimes.com time to read: +1 min

Satya Nadella, the chief executive of Microsoft, appeared in federal court on Wednesday to pledge his support for open platforms and consumer choice, underscoring the tech giant’s commitment to closing its $70 billion acquisition of Activision Blizzard over regulators’ objections. “If it was up to me, I would love to get rid of the entire ‘exclusives on consoles,’” Mr. Nadella testified, rebutting claims from tech regulators that Microsoft’s deal for the video game giant would curtail competition and restrict Activision’s games only to players on Microsoft’s Xbox console. “I have no love for that world.”The fourth day of a hearing in U.S. District Court in San Francisco that could determine the deal’s outcome was the highest-profile session, with appearances by Mr. Nadella and Activision’s chief executive, Bobby Kotick. The Federal Trade Commission’s challenge of the blockbuster acquisition, led by its chair, Lina Khan, is viewed as a test of whether more aggressive efforts to curb tech giants can be successful. is seeking a preliminary injunction that would prohibit the companies from closing the deal before the agency has the chance to argue its case in its internal court.

Persons: Satya Nadella, ’, Nadella, rebutting, Bobby Kotick, Lina Khan Organizations: Microsoft, Activision Blizzard, Federal Locations: U.S, San Francisco

☆ US lawmakers seek probe of how Elon Musk's brain chip venture oversees animal experiments
▼ + stars: | 2023-05-12 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoWASHINGTON, May 12 (Reuters) - U.S. lawmakers will ask regulators to investigate whether the make-up of a panel overseeing animal testing at Elon Musk's brain-chip startup Neuralink contributed to botched and rushed experiments. The lawmakers have shared the draft with peers to gather more signatures and plan to send it to the USDA on Monday. A spokesperson for Blumenauer said the USDA did not respond to an earlier request from lawmakers for a probe into Neuralink in the wake of that story. Musk and Neuralink representatives, and spokespeople for the USDA and the agency’s inspector general, did not respond to requests for comment. The Inspector General and the USDA did not respond to a request for comment on the progress of that investigation.

☆ When Is The Best Time to Buy a House?
▼ + stars: | 2023-04-03 | by ( ) www.wsj.com time to read: +8 min

By Michele LernerAs with much else in real estate, the best time of year to buy a house depends on location, market conditions—and you. “But the best time of year to buy a house depends a lot on the type of buyer.”The spring housing marketTraditionally the housing market’s most active season, spring can be the “best” time of year to buy or the “worst” time of year to buy, depending on your perspective. Best time to buy for: Buyers who hope to move before the holidays or at least before the end of the year. Best time to buy for: Buyers and investors looking for a better deal. “Sometimes it’s the right time to buy a house when you’ve found ‘the one’ that feels right for your family and your circumstances,” Bloch says.

☆ Factbox: Elon Musk's missed deadlines for FDA approval of Neuralink brain-chip trials
▼ + stars: | 2023-03-02 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +1 min

March 2 (Reuters) - Several times since 2019, billionaire Elon Musk has predicted his brain-chip company, Neuralink, would soon secure FDA approval for human trials. But the company's application was rejected in early 2022, Neuralink staffers told Reuters, and the company is still working through the agency's concerns over the safety of the experimental implant. Here is a history of Musk's predictions of FDA clinical-trial approval:July 2019: Musk says Neuralink is aiming to receive regulatory approval for human trials of brain implants by the end of 2020. February 2021: Musk tweets: “Neuralink is working super hard to ensure implant safety & is in close communication with the FDA. Reporting by Rachael LevyOur Standards: The Thomson Reuters Trust Principles.

☆ DeSantis' new memoir skips juicy details about his life that could emerge in a presidential bid. Here's what he left out.
▼ + stars: | 2023-02-28 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +10 min

DeSantis published his first memoir, "The Courage to Be Free," on TuesdayThe book is widely viewed as laying the groundwork for a presidential run. DeSantis doesn't mention his gap year between Yale and Harvard, when he taught at the elite Darlington School. DeSantis writes extensively about his legislative victories in his book, but not about the legal battles that have ensued. DeSantis writes nothing about the January 6 attack on the Capitol to overturn the election results, nor does he address Trump's false claims about election fraud. He also, without naming Trump, writes about "the dangers of truning over the country to the likes of Dr. Anthony Fauci" during the pandemic.

☆ Reuters wins George Polk Award for uncovering child labor in Hyundai supply chain
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Cheney OrrNew York, Feb 20 (Reuters) - A team of Reuters reporters on Monday won a George Polk Award for reports that revealed the widespread use of child labor among suppliers to Hyundai Motor Co in the U.S. state of Alabama. The Polk jury, awarding the prize in its "state reporting" category, said Reuters "sparked increased scrutiny from federal and state agencies and led Hyundai to demand more accountability from its suppliers." Also in February, Hyundai itself said it was in discussions with the Labor Department to resolve concerns about the child labor. After discovering that staffing agencies hired child workers for employment in Alabama poultry plants, they learned that migrant minors were also building parts for Hyundai and Kia (000270.KS). Both companies have said they don't tolerate child labor and are taking measures to ensure underage workers don't find their way back into their supply chains.

☆ U.S. investigating Elon Musk's Neuralink over hazardous pathogens
▼ + stars: | 2023-02-09 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +5 min

Feb 9 (Reuters) - The U.S. Department of Transportation said on Thursday it is investigating Elon Musk's brain-implant company Neuralink over the potentially illegal movement of hazardous pathogens. The Department of Transportation spokesperson said the agency took PCRM's allegations "very seriously." Reuters reviewed the UC Davis records cited by PCRM in its letter. Neuralink messages and records not shared with UC Davis are not subject to such information requests. A UC Davis spokesperson would only say that the university abides by all biohazard and lab safety regulations.

☆ Elon Musk's Neuralink may have illegally transported pathogens, animal advocates say
▼ + stars: | 2023-02-09 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +5 min

Reuters reviewed the UC Davis records cited by PCRM in its letter. PCRM obtained the records from UC Davis through public information requests. Neuralink messages and records not shared with UC Davis are not subject to such information requests. A UC Davis spokesperson would only say that the university abides by all biohazard and lab safety regulations. During its partnership with UC Davis, Neuralink grew frustrated with what it regarded as the slow pace of testing on primates, current and former company employees told Reuters, and has since built out extensive in-house animal testing facilities.

☆ Elon Musk and Jeff Bezos agree on at least one thing: They love HBO's 'The Last of Us'
▼ + stars: | 2023-01-31 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Elon Musk and Jeff Bezos both love HBO's video-game TV series "The Last of Us." Bezos tweeted that Sunday's episode was "unbelievably good story telling," and Musk responded in agreement. "The Last of Us" is an adaptation of the 2013 video game of the same name. Bezos' Amazon has dabbled in making video games, with largely underwhelming results, including the online multiplayer game "New World." The agreement on "The Last of Us" is a rare break in the rivalry between Bezos and Musk.

☆ DeSantis is often described as 'Trump without the baggage,' but there are plenty of differences between the two Republicans. How they play up their contrasts will decide who wins in 2024, GOP insiders
▼ + stars: | 2022-12-24 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +20 min

DeSantis could end up running for president in 2024, and he's widely viewed as similar to Trump. He's "Trump without the baggage," "Trump with a brain," Trump "without the drama," and "Trump's Mini Me." The pile on is a problem for both men should DeSantis join Trump in the ring for the 2024 nomination contest. "We know what we get with President Trump," he said. In Florida, DeSantis pushed the legislature to limit ballot collection by non-family members.

☆ U.S. lawmakers push for more oversight of Elon Musk's Neuralink
▼ + stars: | 2022-12-08 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +3 min

Dec 8 (Reuters) - U.S. House Representatives Earl Francis Blumenauer and Adam Schiff want further U.S. Department of Agriculture (USDA) scrutiny of Elon Musk's Neuralink following a Reuters report that outlined mistakes in the brain chip company's animal testing program, their offices said on Thursday. A USDA spokesperson said the agency could not comment on Neuralink and referred Reuters to the inspector general's office, which also declined to comment. In total, the company has killed about 1,500 animals, including more than 280 sheep, pigs and monkeys, following experiments since 2018, Reuters found. Blumenauer's and Schiff's offices declined to comment on what they want the USDA to do beyond the inspector general's investigation. Schiff has also been critical of Musk's $44 billion acquisition of Twitter Inc, accusing him of "sabotaging safeguards against digital misinformation and hate."

☆ Exclusive: Musk’s Neuralink faces federal probe, employee backlash over animal tests
▼ + stars: | 2022-12-05 | by ( Rachael Levy | Thomson Reuters | Award-Winning Journalist Covering Corporate Governance. Her Reporting Has Prompted Federal Investigations | ) www.reuters.com time to read: +16 min

Reuters could not determine the full scope of the federal investigation or whether it involved the same alleged problems with animal testing identified by employees in Reuters interviews. Musk has pushed hard to accelerate Neuralink’s progress, which depends heavily on animal testing, current and former employees said. Delcianna Winders, director of the Animal Law and Policy Institute at the Vermont Law and Graduate School, said it is “very unusual” for the USDA inspector general to investigate animal research facilities. In September, the company responded to employee concerns about its animal testing by holding a town hall to explain its processes. “We’re extremely careful,” he said, to make sure that testing is “confirmatory, not exploratory,” using animal testing as a last resort after trying other methods.

Cyber Monday 2022 is quickly coming to an end so this is your last chance to save big on games for PlayStation 5, as well as discounts on PS5 accessories. Best Cyber Monday deals on PS5 controllers and accessoriesDeal icon An icon in the shape of a lightning bolt. $49.99 from Best Buy Originally $69.99 Save 29%Deal icon An icon in the shape of a lightning bolt. $44.99 from PlayStation Originally $59.99 Save 25%Deal icon An icon in the shape of a lightning bolt. $1,698.00 from Amazon Originally $2,299.99 Save 26%Best Cyber Monday deals on PS5 gamesDeal icon An icon in the shape of a lightning bolt.

Cyber Monday 2022 is here with big deals on games for PlayStation 4 and PlayStation 5, as well as discounts on PS5 accessories. Best Cyber Monday deals on PS5 controllers and accessoriesDeal icon An icon in the shape of a lightning bolt. $49.99 from Best Buy Originally $69.99 Save 29%Deal icon An icon in the shape of a lightning bolt. Great Price PlayStation Plus Essential (12 Months) Cyber Monday is one of the best times of the year to renew your PlayStation Plus subscription thanks to the 25% discount. $44.99 from PlayStation Originally $59.99 Save 25%Deal icon An icon in the shape of a lightning bolt.

The best Cyber Monday game console dealsDeal icon An icon in the shape of a lightning bolt. Great Price Xbox Series S During the holidays, Microsoft is offering their budget console, the Xbox Series S, for $60 off. The best Cyber Monday game dealsDeal icon An icon in the shape of a lightning bolt. $39.99 from Best Buy Originally $59.99 Save 33%The best Cyber Monday gaming accessory dealsDeal icon An icon in the shape of a lightning bolt. Deals on essential subscriptions like Xbox Game Pass and Nintendo Switch Online are also available during Cyber Monday, too.

Black Friday 2022 has arrived, delivering deals on games for both PlayStation 4 and PlayStation 5, as well as discounts on PS5 accessories. Best Black Friday deals on PS5 controllers and accessoriesDeal icon An icon in the shape of a lightning bolt. Great Price PlayStation Plus Essential (12 Months) Black Friday is one of the best times of the year to renew your PlayStation Plus subscription thanks to the 25% discount. $44.99 from PlayStation Originally $59.99 Save 25%Deal icon An icon in the shape of a lightning bolt. $159.99 from Amazon Originally $199.99 Save 20%Best Black Friday deals on PS5 gamesDeal icon An icon in the shape of a lightning bolt.

SKIP AHEAD Best Target Black Friday deals | Best Target Black Friday sales | Target Holiday Price Match GuaranteeTo help you keep up with Target’s Black Friday sale, we rounded up a handful of the best deals available right now and plan to update this list through Cyber Monday. Best Target Black Friday deals to shop nowBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Target’s Black Friday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows. Best Target Black Friday sales to shop nowHere are some of the best sales to shop for during Target’s Black Friday sale that we think Select readers will want to know about. There will also be a few special sales and deals from Nov. 24 to Nov. 26:When do Target’s Black Friday deals go live? Does Target price match Black Friday deals?

☆ Target's early Black Friday 2022 deals are now live
▼ + stars: | 2022-10-31 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +10 min

Target’s Black Friday sale is currently live and includes discounts on brands like Apple, KitchenAid and Nintendo, as well as Target-exclusive brands like Threshold and Casaluna. SKIP AHEAD Best Target Black Friday deals | Best Target Black Friday sales | Target Holiday Price Match GuaranteeEvery Sunday leading up to Thanksgiving, Target is releasing a new batch of deals, which you can browse online and in stores. Best Target Black Friday deals to shop nowBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Target’s Black Friday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows. When do Target’s Black Friday deals go live? There are two types of deals you can shop during Target’s Black Friday sale:Weeklong Black Friday Deal s, which debut every Sunday through Thanksgiving weekend.

☆ Amazon Prime Day 2022: What we know about the October sales event
▼ + stars: | 2022-09-26 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +15 min

This is the first time Amazon is hosting Prime Day twice in one year, but it’s not the first time Prime Day has been scheduled for October. Because you know another one will be around the corner soon enough.”Do I need a Prime membership to get Amazon Prime Day discounts? July 2022 Prime Day bestsellersEvery year, Amazon announces bestselling Prime Day products worldwide as well as in select countries. One of the biggest differences between July’s Prime Day and October’s Prime Day is consumer mindset. One of the biggest differences between July’s Prime Day and October’s Prime Day is consumer mindset.

The next Nintendo Direct will be livestreamed at 10 a.m. Check out the Nintendo Direct livestream on September 13What games will be featured in the September Nintendo Direct? However, there's still a chance that the Nintendo Direct could contain new information on the titles or announce new games altogether. Nintendo could also make new announcements associated with the Nintendo Switch Online service which regularly adds retro games for users to play via emulation. Downloadable content for Nintendo exclusives like Animal Crossing and Mario Kart 8 could also be added to the $50 Nintendo Switch Online expansion pack.

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