DIRS.INFO The most relevant business & tech news

☆ World Series tickets are the most expensive ever
▼ + stars: | 2024-10-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Tickets for this year’s highly anticipated World Series between the New York Yankees and Los Angeles Dodgers are set to be the most expensive ever. Tickets for the 2023 Series, in which the Texas Rangers clinched their first championship, cost about $776 on average across five games, TickPick said. The previous most expensive World Series was in 2016 between the Chicago Cubs and Cleveland, when the average ticket cost $1,691. It’s also the first time in more than four decades that the Yankees and Dodgers will meet in the World Series, since a 1981 matchup. The Yankees have won the most World Series championships at 27, while the Dodgers won the World Series four years ago and have won seven championships total.

Persons: TickPick, Shohei Ohtani, Aaron Judge, It’s Organizations: New, New York CNN, New York Yankees, Los Angeles Dodgers, Texas Rangers, Chicago Cubs, Cleveland, Los Angeles —, Dodgers, Yankees, Fox, Fox Sports, Fox Deportes —, TBS, CNN, Warner Bros, AL, Cleveland Guardians, Max Locations: New York, Los Angeles

The “blue wall” states of Wisconsin, Michigan and Pennsylvania have paved the path to the White House for the last two Democratic presidents. Recent discussions have centered on the possibility of an anomaly happening this year with just part of the blue wall breaking its way. “We absolutely are competing to win Michigan,” Harris campaign spokeswoman Lauren Hitt said, noting Harris’ presence there this week. The blue wall states have been pivotal to elect presidents in the last several elections. “Those three, the blue wall states, almost always stay together, but this year it’s an extraordinarily tight race.

Persons: Kamala Harris ’, ”, Donald Trump, Harris, Trump, —, “, ” Harris, Lauren Hitt, Mark Robinson’s, Josh Stein, Joe Biden, Biden, Dan Kanninen, Helene, Barack Obama, Hillary Clinton, Harris ’, Michael Dukakis, Tad Devine, Devine, Elissa Slotkin, Dane County, Tim Walz, Obama, Bill Clinton, Matt Baretto, Republicans —, ” Baretto Organizations: White House, Democratic, Pennsylvania, White, Detroit News, Washington Post, Michigan, Trump, Republican, Republicans, Wisconsin, Biden, Democrats Locations: Wisconsin , Michigan, Pennsylvania, Michigan, Wisconsin, North Carolina, Nevada, Hurricane, Arizona , Nevada, Georgia, Nevada , Arizona, Arizona, Gaza, In Wisconsin, Dane, Milwaukee

☆ The vulnerable GOP congressman convinced that economic interest voters will save him from the Trump and abortion backlash
▼ + stars: | 2024-10-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +19 min

He sat down with BI to talk about the race, the national debt, abortion, and the state of his party. In an era where college-educated voters have been bleeding out of the GOP, Schweikert is increasingly an outlier, and he knows it. In order to keep looking like his district, Schweikert — a one-time conservative rabble-rouser who rode his way into Congress during the 2010 Tea Party wave — has had to make some changes. But now that Schweikert's sharing the ballot with Trump, he's not sweating that either. But while Democrats are hoping the state-level vote will boost turnout on their side and remind voters of Republicans' opposition to abortion, Schweikert sees it differently.

Persons: David Schweikert, —, Republican who's, Donald Trump, Schweikert, Arizona's, Joe Biden, Katie Hobbs, Sen, Mark Kelly, Jevin Hodge, Jon Sutton, It's, I've, who's, he's, Shah, rouser, There's, Schweikert's, Tim Scott of, He's, Bryan Metzger Schweikert, Kari Lake, David Schweikert Decries, Trump, mailer, Sutton, JD Vance, Ohio, Matthew, Tom Williams, that's, Shah eked, Krysten, they're, Shah outraised, Bryan Metzger There's, Roe, Wade, Frederic J . Brown, Kamala Harris, Nikki Haley, Arizona's Haley, Harris Organizations: GOP, Service, Republican, Republicans, Democratic, Caucus, Trump, Capitol, YouTube, Forbes, Social Security, Medicare, Committee, Insurance Trust Fund, Federal, Commission, Electoral, FBI, Federal Aviation Administration Reauthorization, COVID, Mayo Clinic, Getty, United Nations Locations: Arizona, Scottsdale, Congress, America ., Phoenix, an Arizona, It's, Schweikert, Tim Scott of South Carolina, Springfield, America, AFP, Maricopa County, Schweikert's district, North Scottsdale

☆ Psilocybin: Searching for the antidepressant of the future
▼ + stars: | 2024-10-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +13 min

The stakes are high for psilocybin clinical trials — there’s a pressing need for a more effective medical solution in the fight against depression, especially treatment-resistant depression. “People begin to feel, understand and appreciate that their brain can change and they can escape from their depression,” Nutt said. “For that reason alone, this research matters.”At six weeks, the study found no significant difference in depression scores between the antidepressant and psilocybin groups. In fact, Madras said, adverse effects are such a concern that researchers in psychedelic clinical trials often actively recruit people who have successfully taken psychedelics in the past. In a study using psilocybin for alcohol substance abuse, for example, some 95% of those involved correctly guessed whether they were taking psilocybin or the placebo.

Persons: ”, Dr, Bertha Madras, “, Charles Raison, ’ “, don’t, David Nutt, ” Nutt, it’s, I’m, Timothy Leary, hasn’t, It’s, Harvard’s, Casey Wolfington, Katie Harmon, escitalopram, Nutt, Tommaso Barba, wasn’t Organizations: CNN, Harvard Medical, McLean Hospital, University of Wisconsin School of Medicine, Public Health, Vail Health Behavioral Health Innovation Center, Imperial College London’s, Food, FDA, Imperial College London Locations: United States, Belmont , Massachusetts, ” Madras, Madison, Vail, Colorado, Harvard’s Madras, Madras

☆ Chrissy Metz talks about the abuse she says she suffered because of her weight
▼ + stars: | 2024-10-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

As a youngster, Metz said, she endured “mental, physical, emotional abuse” about her weight. “What I discovered in therapy was that my dad, for whatever reason, wasn’t able to choose me,” she said during the podcast. It’s not healthy.”Chrissy Metz: How to Feel Chosen, Choose Yourself & Believe Your Dreams Are Possible! ‘Well, get on the damn thing!’ Trigger would yell. And again, not feeling chosen, or feeling chosen for the wrong thing.”

Persons: CNN — Chrissy Metz, Jamie Kern, Metz, Dan Fogelman, ”, I’m, ” Chrissy Metz, Trigger, ” Metz, “ He’d Organizations: CNN

☆ Mark Cuban: If I was 16 again, I’d start this lucrative side hustle—it can pay 6 figures a year and doesn't require a degree
▼ + stars: | 2024-10-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

First, he'd learn how to write prompts for artificial intelligence language models like OpenAI's ChatGPT or Google's Gemini. "Then, I would go to businesses, particularly small- to medium-sized businesses that don't understand AI yet," says Cuban. AI prompt engineering — or, the ability to phrase inquiries to chatbots to get desired responses — can be a particularly lucrative opportunity. The average pay for AI tutors starts at about $30,000 per year, and full-time AI prompt engineers can make up to $129,500, according to job board platform ZipRecruiter. Sign up for CNBC's online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories.

Persons: Mark Cuban, he'd, I'd, Zers, bartended, Cuban Organizations: CNBC, Vanderbilt University, Indiana University, CompuServe, Yahoo, Cuban, Forbes Locations: U.S, Pittsburgh

☆ Earnings season is getting chaotic — plus, Jim Cramer sees a great opportunity in Disney
▼ + stars: | 2024-10-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investors also are grappling with the beginning of a "chaotic" period in earnings season, Jim Cramer said. "I think this is a great opportunity to buy the stock of Disney," Jim said, highlighting improvements to its ESPN and movie business despite theme-park weakness. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Danaher, Jim, Jensen, Huang, buildouts, Morgan Stanley, James Gorman, Bob Iger, Stocks, Jim Cramer's Organizations: CNBC, Treasury, Nvidia, Disney, ESPN, GE Aerospace, RTX Corp, General Motors, Verizon Communications Locations: Mumbai, India

☆ Trump’s growing threats to strip broadcast licenses send chills across industry
▼ + stars: | 2024-10-22 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

But Donald Trump’s threats are not ordinary, either. He has imprecisely but repeatedly invoked the government’s licensing of broadcast TV airwaves and has said on at least 15 occasions that certain licenses should be revoked. Trump’s threats against CBS have been particularly intense in recent weeks. The threat from any politician to revoke a broadcast license simply because they disagree with the station’s content undermines this basic freedom.”Many of Trump’s threats conflate national networks and local stations. As president, Trump also said that TV licenses “must be challenged and, if appropriate, revoked,” but nothing came of it.

Persons: Donald, Trump, Fox, “, Kamala Harris, ” Trump, Dan Bongino, hasn’t, Andrew Jay Schwartzman, Curtis LeGeyt, recrimination, ” LeGeyt, –, Harris, ”, Dana Walden’s, Kamala, Walden shrugged, Ajit Pai, ” Pai, Nathan Simington, Jessica Rosenworcel, ” Rosenworcel, ” Schwartzman, Ted Boutrous, Jim Acosta’s, Donald Trump, ” Boutrous, Rosenworcel Organizations: New, New York CNN — Broadcast, CNN, CBS, ABC, NBC, Paramount Global, Federal Communications Commission, National Association of Broadcasters, American TV, NAB, “, ” CNN, FCC, Trump, MSNBC, Fake News ABC, Truth, Disney Entertainment, Republican, Democrats, NPR, OUR, Fox, Democratic, White House, Voice Locations: New York

☆ He's British, she's Australian. Here's their trick to traveling 10,000 miles — with kids in tow
▼ + stars: | 2024-10-22 | by ( Marylou Costa | ) www.cnbc.com time to read: +5 min

Stopover: Seoul, South KoreaPros: Seoul's street food, kid-friendly Korean Air The cinema-themed Hotel28 provides popcorn and gift packs for kids on arrival. Source: MaryLou CostaGetting to Seoul was a cinch on Korean Air, which lets parents pre-book kids' meals like pizza, hot dogs and barbecue chicken. If there's no connecting flight to your destination on the day itself, Korean Air includes a free night's stay at the five-star Grand Hyatt Incheon. Korean Air offered us a free new flight to Australia — a week later. We took a 1.5-hour flight to the beach town of Krabi, where we spent a week at the ShellSea Krabi resort.

Persons: MaryLou Costa, Costa, Grand, Krabi Organizations: London, South Korea, Korean Air, Korean, Grand Hyatt Incheon, Australia —, Don Mueang International, United Arab Emirates, Pricey, Dubai Aquarium Locations: Ingham, Australia, Queensland, Europe, United Kingdom, Seoul, South, Myeongdong, South Korea, London, Bangkok, Thailand, Brisbane, Krabi, Dubai, United, Burj, Pricey Dubai, Aquaventure, Burj Khalifa, Singapore

☆ For some wealthy travelers, fall is the new summer
▼ + stars: | 2024-10-22 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Some luxury travel agencies say more travelers are vacationing in the fall instead of summer. Fall vacations are becoming trendyMore people are booking fall-time Airbnbs for leaf-peeping destinations like Acadia National Park. Paris, France is a popular destination for fall travelers. AdvertisementEuropean countries like France are popular with fall travelers. Positano, Italy Tom Murray / Business InsiderBefore the rise of shoulder-season vacations, travelers wanted to chase the best weather, Grumbach said.

Persons: —, Misty, John Greim, Hopper, Jackie Roth —, Scott Dunn, Scott Dunn —, — Scott Dunn Private's, Alexander Spatari, Roth, Julie Durso, Airbnb, Kelly Grumbach, Melissa Biggs Bradley, Indagare, Melissa Krueger, Convento, Anantara Convento, Estelle Vassallo, Italy Tom Murray, Grumbach, they're Organizations: Service, Misty Belles, Getty, Scott Dunn Private, Belles Locations: Portugal, Rome, Athens, Acadia, New York, Maine, Europe, Paris, France, Italy, United Kingdom, Tuscany, Cagliari, Sardinia, Amalfi Coast, Sicily, Capri, Amalfi, Positano

☆ Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
▼ + stars: | 2024-10-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersRussia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a "new world order" that challenges the West. Delegates listen on during the plenary session as Russian President Vladimir Putin delivers his remarks via video-link during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 23, 2023. "The countries in our association are essentially the drivers of global economic growth. Russian President Vladimir Putin (R) shakes hands with Iranian President Masoud Pezeshkian (L) during their meeting, October 11, 2024, in Ashgabat, Turkmenistan.

Persons: Vladimir Putin, Alexander Zemlianichenko, what's, Alet Pretorius, Putin, Michel Temer, Xi Jinping, Jacob Zuma, Narendra Modi, Wu Hong, Callum Fraser, Fraser, Russia's, Dmitry Peskov, Masoud Pezeshkian, Recep Tayyip Erdogan, Mahmoud Abbas, Antonio Guterres, It's, Masoud Organizations: Reuters, United Arab Emirates, America, U.S ., Afp, Getty, Tass, India's, CNBC, Royal United Services Institute, Global, Kremlin Locations: Moscow, Russia, Reuters Russia, Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, Asia, Africa, U.S . Russian, U.S, West, Ukraine, Sandton, Johannesburg, South, Ashgabat, Turkmenistan, U.N

☆ 'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says
▼ + stars: | 2024-10-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

A study finds that dorm-style housing could be an efficient path to convert vacant office space. The study comes as office vacancies rise and housing supply remains constrained. The report comes as companies reevaluate their need for office space in the wake of the COVID-19 pandemic. The national office vacancy rate is set to rise to around 20% by the end of this year, according to commercial real estate firm CBRE. The report comes as the number of office spaces set for residential conversions is on the rise, up to 55,000 this year.

Persons: —, Wes LeBlanc, Alex Horowitz Organizations: Service, Pew Locations: Denver, Minneapolis, Seattle

☆ Walmart’s new threat to CVS: 30-minute prescription deliveries
▼ + stars: | 2024-10-22 | by ( Maria Aguilar Prieto | ) edition.cnn.com time to read: +2 min

CNN —Walmart, already partially responsible for the slow demise of America’s drug stores, is launching yet another CVS killer: 30-minute prescription delivery. Walmart’s pitch to costumers is simple – fill your prescription, plus get some groceries delivered to your door, all in one order. Prescription delivery was the number one most-requested service by its customers, the company said in a press release. The company has nearly 4,600 pharmacy locations across the United States. Earlier this month, Walgreens said it is closing approximately 1,200 locations, while CVS said it planned to cut about 2,900 corporate jobs.

Persons: ”, Tom Ward Organizations: CNN, Walmart, Walmart U.S, Walgreens, CVS Locations: United States

☆ 'Swicy' items take over restaurant menus as Gen Z seeks heat
▼ + stars: | 2024-10-22 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Nearly 10% of restaurant menus have "sweet and spicy" items, up 1.8% over the last 12 months, according to market research firm Datassential. Common menu items have paired fruity flavors and chili powder, or used sauces like hot honey and gochujang, a red chili paste that's a popular Korean condiment. Courtesy: StarbucksAlthough the menu items were largely only available for a limited time, culinary experts think that the swicy trend has staying power. Buzzy, trendy menu items are more important now to restaurants, which are leaning on both discounts and innovation to attract diners and reverse declining sales. Limited-time menu items are particularly attractive to Gen Z customers, a key demographic because they account for roughly a fifth of Americans.

Persons: Randy Shropshire, trendologist Kara Nielsen, Nielsen, Jeffrey Saad, Hadar Cohen Aviram, McCormick, Cohen Aviram, Gen Zwicy Organizations: Coca, Getty, Food Institute, Box Intelligence, Sweet, Food Network, Istock, Nielsen, McCormick Locations: Chico, Thermal , California, U.S, San Francisco, Korean, Cholula

☆ Elon Musk says he’ll fix the government under Trump. His track record paints a different picture
▼ + stars: | 2024-10-22 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

CNN —Elon Musk is making some big promises while campaigning for former President Donald Trump. Musk and Trump have publicly discussed some kind of government role for the Tesla and SpaceX CEO if Trump wins the presidency. Trump on Fox News last week said Musk may serve as the “Secretary of Cost-Cutting,” a government agency that also doesn’t currently exist. At X, Musk has made significant layoffs, slashing roughly 80% of the company’s staff. At Tesla, Musk has pushed forward ambitiously in deploying “full self-driving” technology, despite multiple accidents and government warnings and investigations.

Persons: CNN — Elon Musk, Donald Trump, Musk, Trump, ”, ” Musk, “, Ron DeSantis, Tesla, FSD Organizations: CNN, Trump, Tesla, SpaceX, Department of Government, Fox News, UAW, Florida Gov, Fidelity, Traffic Safety Administration, Wall Street, X, Twitter Locations: Trump, Pittsburgh, California, Texas

☆ Rosé and Bruno Mars' chart-topping APT drives YG Plus shares to seven-month high
▼ + stars: | 2024-10-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Shares of South Korean media company YG Plus soared to a seven-month high after the release of a collaboration track between Blackpink member Rosé and Bruno Mars on Oct. 18 topped streaming charts. Rosé debuted in 2016 as one of the four members of Blackpink, under Kosdaq-listed YG Entertainment. Records from The Black Label are distributed by YG Plus, also a YG Entertainment subsidiary. YG Entertainment shares climbed as much as 3.53% on Tuesday. Despite the boost, the parent company's stocks have dropped 22.5% year-to-date, dragged by uncertain conditions facing the global music industry.

Persons: Rosé, Bruno Mars, Taylor Swift Organizations: YG, APT, iTunes, YouTube, YG Entertainment, Atlantic Records, YG Plus Locations: Seoul, Korean, South Korean

☆ Diddy's children break their silence on his arrest and compare the accusations to 'conspiracy theories'
▼ + stars: | 2024-10-22 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +4 min

Sean "Diddy" Combs is awaiting trial on federal charges of sex trafficking, racketeering, and more. AdvertisementAs Sean "Diddy" Combs awaits trial in jail on three felony charges, including sex trafficking, his children are standing united behind their father. AdvertisementThe photo shows all six children with their father, plus Combs' mother, Janice Small Combs; Combs' seventh child, a 1-year-old daughter named Love Sean Combs; and Love's mother, Dana Tran. Combs, the millionaire rap entrepreneur and founder of Bad Boy Records, has been charged with racketeering conspiracy, sex trafficking, and transportation to engage in prostitution. Kim Porter and Sean Combs in 2018 with their four children: D'Lila, Christian, Quincy, and Jessie.

Persons: Sean, Diddy, Combs, —, Quincy Brown, Justin Combs, Christian Combs, Chance Combs, D'Lila Star Combs, Jessie James Combs, Janice Small Combs, Love Sean Combs, Dana Tran, Kim Porter, Sean Combs, Jessie, Charley Gallay, Porter, — Quincy, Jessie — Organizations: Service, Bad Boy Records, Metropolitan Detention, Netflix Locations: New York's, Christian, Quincy

☆ Bank of America's guide to the election and stocks that win under Trump or Harris
▼ + stars: | 2024-10-22 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +7 min

Here are some of the ways Bank of America analysts think the upcoming election results could affect the stock market. Harris presidency, split government A victory for Democratic candidate Kamala Harris in the White House, plus a Republican-controlled Congress, could be "the best outcome" for online media companies, according to Bank of America analyst Justin Post. He noted that Harris is likely to enforce a potential ban on TikTok — which could boost Meta Platforms and Snapchat . Trump president, split government A win for Republican candidate Donald Trump and a split government would be the best-case scenario for bank stocks, per analyst Ebrahim Poonawala. On the other hand, a Trump presidency would be viewed positively by gig-economy companies, including Uber and Lyft, according to analyst Post.

Persons: –, Harris, Kamala Harris, Justin Post, Lorraine Hutchinson, Donald Trump's, —, Athletica, Joanna Gajuk, Gajuk, Jessica Reif Ehrlich, Ehrlich, Jason Kupferberg, Kupferberg, Dick Durbin's, Donald Trump, Ebrahim Poonawala, Poonawala, Republicans —, Dimple, Trump, Uber, Craig Siegenthaler, Siegenthaler, Rafe Jadrosich, Trump's, — CNBC's Michael Bloom Organizations: White, Bank of America, of America, Democratic, Republican, Democrat, Department of Justice, Eagle Outfitters, Urban Outfitters ., Health, Tenet Healthcare, Universal Health Services, Democrats, Agilon, Humana, Big Tech, House, Trump, Republicans, Oscar Health, Centene, GOP, Securities, Exchange, Entertainment, Packaging Corporation of America, American Eagle Outfitters Locations: Hutchinson, U.S, China, Washington

☆ Spotify is ready to follow Netflix and be the next breakout streaming stock, according to the charts
▼ + stars: | 2024-10-22 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

The stock is consolidating just below all-time highs and if Netflix's move after earnings is any indication, I think SPOT should punch through to new all-time highs. We're currently trading at $386, just below the all-time highs of $387 set back in 2021. The earnings trajectory for this company has been insane: 2022 EPS ($3.09) 2023 EPS ($2.95) 2024 EPS +$6.37 2025 EPS +$9.06 (est.) Netflix beat expectations and broke to new all-time highs led by new subs, 50% of which are coming from an ad tier. Meta is also in the communication sector sitting close to new all-time highs like NFLX, so the trend for this group remains firmly higher.

Persons: Todd Gordon, Gordon Organizations: Spotify, Apple, Sirius XM, Tactical Alpha, Netflix, Meta, Facebook, Inside Edge, CNBC, NBC UNIVERSAL

☆ Tim Cook shares the No. 1 trait that set Steve Jobs apart from most people: 'Very few people have that skill'
▼ + stars: | 2024-10-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Tim Cook learned a lot from Steve Jobs in the 13 years he worked with the late Apple co-founder. Cook was particularly "enamored" with one specific skill he learned from Jobs, he said: "Not to be married to my past views. Not to be so proud you can't change your mind when you're presented with new evidence in things. Cook went on to call Jobs' willingness to change his mind on any topic "a brilliant skill" — and one that's less common than you might think. "People who are right a lot, they listen a lot, and people who are right a lot, change their mind a lot."

Persons: Tim Cook, Steve Jobs, Cook, Jobs, Keith Bellizzi, Jeff Bezos, —, Bezos, Andy Jassy, they're, Jassy Organizations: Apple, Wall, Compaq, Jobs, University of Connecticut, Pathfinder, CNBC Locations: Seattle

New York CNN —Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on charges related to sex trafficking, two sources familiar with the case tell CNN. Smith, 61, of West Palm Beach, Florida, was the romantic partner of former Abercrombie & Fitch CEO Mike Jeffries. Abercrombie & Fitch said it was “appalled” by the allegations and launched an independent investigation into the matter. Jeffries served as CEO of Abercrombie & Fitch from 1992 until 2014, when the company announced his retirement. That year, Abercrombie & Fitch succumbed to the pressure and announced they would begin offering plus-sizes in some clothing.

Persons: Mike Jeffries, Abercrombie &, Jeffries, Matthew Smith, James Jacobson, Smith, Jacobson, Paul Minnesota, “, ”, Brian Bieber, Michael Jeffries, Saint Barthélémy, it’s, Fitch, Abercrombie, Zers Organizations: New, New York CNN, Abercrombie, Abercrombie & Fitch, CNN, of, Prosecutors, Fitch, Southern District of, Hamptons Locations: New York, Eastern, of New York, West Palm Beach , Florida, Rice Lake , Michigan, Southern District, Southern District of Florida, Wisconsin, St, Paul, United States, New York City, England, France, Italy, Morocco, Minnesota

☆ 7 key forces shaping the final days of the election: From the Politics Desk
▼ + stars: | 2024-10-21 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

No matter the poll, voters consistently say that the cost of living is their top concern, usually followed by threats to democracy, immigration and the economy in general. Female voters are backing Harris by 14 points, while Trump is winning men by 16 points, according to the latest NBC News poll. The October NBC News poll showed Harris leading Trump by 5 points, 45% to 40%, on who better represents change. Yet he isn’t all that impressed with Obama, the nation’s first Black president, nor Harris, who would be the second. “He’s only gaining support with Black men.”Democrats have been unnerved by recent polls that show Harris’ numbers sagging among Black voters, particularly young Black men.

Persons: Mark Murray, Peter Nicholas, Kamala Harris, Donald Trump, Harris, Trump, they’ve, Joe Biden’s, Biden, that’s, Obama, Young, Peter Nicholas TUCSON, Charles Johnson, Johnson, Barack Obama, ” Johnson, “ He’s, Black, he’ll, podcasters, “, ”, Joel Benenson, pollster, ‘ You’ve, ’, Read, Peter → That’s Organizations: NBC, White House, Capitol, NBC News, Trump, Associated Press, Democratic, University of Arizona, Black, Obama Locations: Ariz, Tucson, Las Vegas

Obama focuses his campaign outreach on young Black men. Jeff Swensen / Getty ImagesWill Obama’s outreach to young Black men help Harris?Former President Barack Obama has been on the campaign trail for Kamala Harris, aiming to shore up her support among young Black men. Democrats have been unnerved by recent polls that show Harris’ numbers sagging among Black voters, particularly young men. One of Obama’s tasks leading up to Election Day is to persuade Black men that voting for Donald Trump would be a grievous mistake. 🙌 Russell Wilson made his Steelers debut on “Sunday Night Football” and led Pittsburgh to a 35-17 win against the New York Jets.

Persons: Obama, Sean “ Diddy ” Combs, Jeff Swensen, Harris, Barack Obama, Kamala Harris, It’s, Donald Trump, ”, hasn’t, “ They’re, He’s, podcasters, Read, Trump, ➡️ Harris, Al Sharpton, Mark Cuban, ➡️ Trump, Israel Aaron Schwartz, Michael M, Daniel Penny, Jordan Neely, Penny, Neely, Michael Jackson, Sean, Diddy, Combs, Lucas Jackson, Tony Buzbee, NFL Cary Edmondson, Russell Wilson, ’, Jayden Daniels, Greg Rosenstein, 🙌, aron, odgers,, alo, bea u, lea Organizations: Black, of Arizona, NBC, Trump, MSNBC, Getty, U.S, New York City, NBC News, NFL, Steelers, Jets, Pittsburgh, ards Locations: New York, Los Angeles, Philadelphia, peppering, Iran, Lebanon, New York City, Texas, hol

☆ Goldman forecasts just a 3% S&P 500 annual return the next 10 years, down from 13% the last decade
▼ + stars: | 2024-10-21 | by ( John Melloy | ) www.cnbc.com time to read: +2 min

The S & P 500 returned 13% annually the last 10 years, above the long-term average of 11%, according to Goldman. Goldman's bearish long-term forecast comes just as the S & P 500 has entered the third year of a bull market, garnering a 27% annual total return the last two years. "The current high level of equity valuations is a key reason our 10-year forward return forecast sits at the lower end of the historical distribution," stated the note. The firm said the equal-weight S & P 500 would produce higher returns than the regular benchmark because of the concentration risk. The Invesco S & P 500 Equal Weight ETF (RSP)F tracks an equally distributed version of the index.

Persons: Goldman Sachs, David Kostin, Goldman, Goldman's Organizations: Nvidia

☆ Mark Cuban says 'It's the Harris campaign vs. Elon,' not Trump
▼ + stars: | 2024-10-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Vice President Kamala Harris is campaigning for president against Elon Musk at least as much as she is against former President Donald Trump, Mark Cuban said Monday, as he advocated for the Democratic nominee as the pro-business choice. "It's the Harris campaign versus Elon, not even versus Trump," the billionaire investor and former "Shark Tank" host said on CNBC's "Squawk Box." Cuban's remarks were the latest volley between the two billionaires, who have taken on increasingly prominent campaign roles while ramping up attacks against each other. Asked for his view on the latest polls, which broadly show a neck-and-neck race between Harris and Trump, Cuban said, "Nobody really knows, and so really it comes down to get out the vote." "And the crazy thing is, it's the Harris campaign versus Elon, not even versus Trump," said Cuban.

Persons: Kamala Harris, Elon Musk, Donald Trump, Mark Cuban, Harris, Cuban, Cuban's, Musk, Trump, wasn't, Donald Trump hasn't, Stephen Miller Organizations: Elon, Democratic, Trump, Tesla, SpaceX, PAC, GOP, Cuban, CNBC, America PAC, Cost Locations: Cuban, Pennsylvania, Taiwan

Search resuls for: "Plus"

25 mentions found