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But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending. Sensing diners' fast-food backlash, players such as Brinker International's Chili's have used their marketing to highlight their own value relative to the cost of a fast-food meal. Shares of McDonald's, Burger King parent Restaurant Brands International and Wendy's have all slid by double digits this year. Taco Bell owner Yum Brands is down more than 1% in 2024. Restaurant Brands and Yum Brands are expected to report their quarterly earnings the following week.
Persons: Taco, Burger, Wendy's, McDonald's, Brinker, Rick Cardenas, Robert Byrne, Eric Gonzalez Organizations: Taco Bell, Darden, Burger King, Restaurant Brands, Yum Brands, CNBC, Restaurant
The surveillance drone appeared high above the Ukrainian air base without warning in early July. Minutes after it relayed targeting data back to a Russian base, a barrage of ballistic missiles struck the airfield, Ukrainian officials said, recounting the episode. “Now they’re hitting the air base with the rockets all the time,” Ms. Minenko said. Russia has been saturating the skies over Ukraine with surveillance drones, exploiting gaps in air-defense systems, to launch increasingly sophisticated attacks on Ukrainian positions. Ukraine’s strategy was to counter Russia in the air war with the aid of long-coveted F-16 fighter jets from the West that it says it will deploy this summer.
Persons: , Valeria Minenko, ” Ms, Minenko Locations: Russian, Myrhorod, Ukraine, Russia
Mayor Eric Adams declared a state of emergency in New York City jails on Saturday and issued an executive order that blocked key parts of a local law that would have banned solitary confinement in the jails. The order, one of three Mr. Adams issued on Saturday that pertained to the jails, was an unusual step that came only one day before the law was set to go into effect. After Mr. Adams vetoed the bill in January, arguing that it would make jail staff and detainees less safe, the Council issued a rare override of his veto. The law would have banned solitary confinement for detainees who were accused of breaking jail rules, beyond a four-hour “de-escalation period” during an emergency. It would also have banned the use of handcuffs or shackles to restrain detainees riding in Correction Department vehicles.
Persons: Eric Adams, Adams, Amaris Organizations: City Council, Department, Correction, Hall Locations: New York City
Then, a week ago, Biden announced his exit from the race – and pointed to Harris, his vice president, as his successor. Vice President Kamala Harris speaks at a campaign event in West Allis, Wisconsin, on July 23, 2024. Will Lanzoni/CNNVeepstakes, convention questionsAmong the next orders of business for Harris’ campaign is to accomplish two tasks in a period of days or weeks that Trump’s campaign achieved over months. Many of those potential picks have been offering Harris’ campaign informal glimpses of how they’d perform as her running mate through appearances on cable news shows. Then, Harris’ campaign and its allies must rapidly revise plans for the Democratic National Convention, which is set to start on August 19 in Chicago.
Persons: Donald Trump, Kamala Harris, Joe Biden’s, Trump, Trump’s, Ohio Sen, JD Vance, Biden, Harris, Michelle Obama, , Kevin Mohatt, Reuters Trump, Margaret Thatcher, “ Margaret Thatcher didn’t, Benjamin Netanyahu’s, Netanyahu, didn’t, ” Harris, Doug Emhoff, I’m, , , you’re, Vance, fraudsters, cheaters, Donald Trump’s, Will Lanzoni, Eric Holder, Tony West, Harris ’, Holder, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Pete Buttigieg, Andy Beshear, Tim Walz, Harris –, Biden’s, Joe Biden, wouldn’t, ” Trump, Steven Cheung, , Tucker Carlson’s, Carlson, they’ve, Buttigieg, Alexandria Ocasio, Cortez, CNN’s Kaitlan Collins, Jennifer Aniston, Megyn Kelly, SiriusXM, ” Vance, it’s, ’ ” Vance, Charli XCX, , , Jared Polis, Maxwell Frost, ” Harris ’, CNN’s KFile, George Floyd, “ We’re, Lyin ’ Kamala Harris, Dave McCormick, Democratic Sen, Bob Casey, Casey, McCormick, Kamala Harris ’, CNN’s Jeff Zeleny, Kit Maher, Terence Burlij, Sam Fossum, Alayna Treene, Alison Main, Kim Berryman, Andrew Kaczynski, Em Steck Organizations: CNN, Democratic Party, Republican Party, Democratic National Convention, Democratic, Trump, Reuters, Jewish, San, Republican National Convention, North Carolina Gov, Arizona, Transportation, Senate, Kentucky Gov, Minnesota Gov, Electoral, Sun, Biden, Atlanta, ABC, Democrat Party, Tucker Carlson’s Fox, New York Rep, Twitter, Colorado Gov, , Central America, Republican National Committee, Republicans, Immigration, Customs Locations: Pennsylvania, Ohio, Milwaukee, Wisconsin, West Allis , Wisconsin, Florida, St, Cloud , Minnesota, Minnesota, Washington, Israel, Massachusetts, San Francisco, California, Chicago, Michigan , Pennsylvania, Arizona , Georgia, Nevada, North Carolina, United States, Alexandria, British, ” Florida, New York, Minneapolis, Central
Healthcare professionals told BI that the public's more relaxed attitude toward COVID is ultimately a good thing. AdvertisementThe long COVID scareRelaxed attitudes are not necessarily a bad thing, according to doctors. On the one hand, people are generally not getting as sick as they once did when ill with COVID, medical professionals told BI. AdvertisementMedical professionals are doing their best to understand long COVID, but admit that there's still much to learn. "When I treat people with long COVID, they are always masked," Chopra said.
Persons: , Joe Biden, Anita Chopra, Eric Chow, Edward Jones, Lopez, Chow, we've, Jessica Bender, Bender, Chopra, Long, ROBYN BECK Organizations: Service, Business, University of Washington, Public Health Seattle, Yahoo, Keck Medicine, University of Southern, Centers for Disease Control, UW, Getty, National Library of Medicine Locations: King County, University of Southern California, Seattle
He also failed to obey a command while working for another sheriff’s office in Illinois and was told he needed “high stress decision making classes,” the agency’s documents reveal. Bodycam footage from another deputy showed Massey saying she rebuked Grayson, and Grayson responded by threatening the 36-year-old. In May 2022, Grayson started working at the Logan County Sheriff’s Office in Illinois, records show. Then he started working full-time with Auburn police, the Logan County Sheriff’s Office, and finally the Sangamon County Sheriff’s Office in May 2023. He resigned from the Logan County Sheriff’s Office in April 2023.
Persons: Sean Grayson, Sonya Massey, Grayson, Massey, Breonna Taylor, Atatiana Jefferson, Massey “, Ben Crump, Daniel Fultz, ” Grayson, DUIs, Crump, Bryce Dubee, “ Sean P, KSHB, Kincaid, , Grayson “, ” “, Jack Campbell, “ Sonya Massey, ” Campbell, “ Grayson, , Malachi, ” Malachi, Jesus, ” Massey, Massey’s, Brad Parks, Natasha Bertrand, Emma Tucker, Eric Levenson Organizations: CNN, Army, Department of Defense, Kincaid Police Department, KSHB, Auburn Police Department, Pawnee, Auburn police, Office, Auburn, Massey Locations: Illinois, Sangamon County, Fort Riley, Kansas, Macoupin, Logan, Lincoln, Logan County, Sangamon County –, Massey
The moment the good news came over the radio was “exhilarating,” Wolfe County Search and Rescue Chief John May told CNN. The search began on July 16, when Hern’s family realized where he had gone and contacted the search group, May told CNN. That night, a team searched for Hern until after midnight, but they couldn’t find him, the Wolfe County rescue group posted on Facebook. After July 8, Hern told rescuers he didn’t eat or drink anything, as his mouth was too dry to do so. From Wolfe County Search & RescueHern was hospitalized and was not able to walk on his own, the rescue group wrote on Facebook on July 22, two days after his rescue.
Persons: Scott Hern, ” Wolfe, John May, , , “ It’s, hadn’t, Wolfe, ” May, Hern’s, May, Eric Wolterman, Hern, Wolterman, ” Wolterman, “ Scott Hern, I’m, “ We’ve, , Hearn, rehydrate, ” CNN’s Tanika Gray Organizations: CNN, US Forest Service, WLEX, Facebook, Team, Kentucky State Police Locations: An Ohio, Kentucky, Wolfe, Ironton , Ohio, Wolfe County, Ohio, Bell Falls
Trump’s campaign would not say what sparked the former president’s 180-degree turn on bitcoin. Billionaire crypto tycoons Tyler and Cameron Winklevoss each pledged to donate $1 million worth of bitcoin to Trump’s campaign. The cryptocurrency industry has experienced a resurgence since the downfall of FTX. Trump supporters were not hard to find inside the Bitcoin Conference. Luke Broyles, a 25-year-old Michigander working in the crypto industry, was similarly unsure of Trump’s latest entreaties despite his recent rhetoric.
Persons: Donald Trump, Trump, bitcoin “, , ” Trump, Jacob Silverman, bitcoin, Sam Bankman, Larry David, Tom Brady, Fried, Brian Hughes, South Carolina Sen, Tim Scott, ” Scott, David Bailey, Bailey, cryptocurrency, tycoons Tyler, Cameron Winklevoss, Cryptocurrency, Ohio Sen, JD Vance, David Sacks, Biden, ” Sacks, , ” Tyler Winklevoss, Eric Soufer, cryptocurrencies, ” Soufer, FTX, Robert F, Kennedy Jr, John Fischer, ” Fischer, Luke Broyles, Trump’s, ” Broyles Organizations: Nashville CNN, Twitter, United States, Biden, Capitalism, CNN, Republican, Trump, South, BTC Inc, Mar, Commission, Billionaire, Music City Center, Independent, Pew, Libertarian Party, Bitcoin Conference Locations: USA, Nashville, United States, Wisconsin, St, Cloud , Minnesota, South Carolina, Silicon, Washington, Atlanta, cryptocurrency
My client's pet insurance rose from $25 a month to $125 over a decade. That was the case for this client who asked us if they should keep their pet insurance policy. Get Pet Insurance Quotes Find affordable pet insurance policies with Petted. When it makes sense to drop pet insuranceOur client first got pet insurance coverage for their new puppy. For our client, they ultimately decided to keep their pet insurance coverage.
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Earlier this month, Defense Secretary Lloyd J. Austin III received an unusual request from an unlikely caller: His Russian counterpart wanted to talk. Since Russia invaded Ukraine in February 2022, Mr. Austin had spoken by phone with Russia’s defense minister only five other times, almost always at the Pentagon’s initiative and often in an effort to avoid miscalculations that could escalate the conflict. In fact, Mr. Austin had reached out to Russia’s new defense minister, Andrei Belousov, just a couple of weeks earlier, on June 25, in an effort to keep the “lines of communication open,” the Pentagon said. It was the first phone call between the two men since Mr. Belousov, an economist, replaced Sergei K. Shoigu, Russia’s long-running defense minister, in a Kremlin shake-up in May. Was the Pentagon aware of the plot, Mr. Belousov asked Mr. Austin, and its potential to ratchet up tensions between Moscow and Washington?
Persons: Lloyd J, Austin III, Austin, Andrei Belousov, Belousov, Sergei K Organizations: Russian, Mr, Pentagon Locations: Russia, Ukraine, Moscow, Washington
CNN —The five days since Vice President Kamala Harris’ campaign launched at warp speed have remade the 2024 race – and given Democrats new hope of preventing a second Donald Trump presidency. Fundraising exploded, with Harris’ campaign saying she raised $126 million between Sunday afternoon and Tuesday evening. And Democrats were more eager to devote their own time to working to elect Harris: More than 100,000 people signed up to volunteer for her bid, and more than 2,000 applied for campaign jobs, Harris campaign chair Jen O’Malley Dillon said in a Wednesday memo. The strength of Harris’ launch has at times surprised even the former Biden campaign staffers who on Sunday suddenly found themselves working for what was converted into the Harris campaign. Biden’s campaign believed his path to 270 Electoral College votes ran through the “blue wall” states – Michigan, Pennsylvania and Wisconsin.
Persons: Kamala Harris ’, Donald Trump, Harris, Harris ’, Jen O’Malley Dillon, Trump, It’s, Ron Bieber, “ I’ve, , she’s, Joe Biden, Biden, Harris hasn’t, , Base Andrews, O’Malley Dillon, Biden’s, ” O’Malley Dillon, Douglas Emhoff, Erin Schaff, Howard University hoodie, , Nancy Pelosi’s, dispirited, fraudsters, cheaters, ” Harris, Donald Trump’s, Charli XCX, , , Jared Polis, Maxwell Frost, Tony Evers, ” Evers, ” Trump, Felita Daniels Ashley, Olivia Jessup, Anger, Natalie Jauch, Charli, Jessup, Taylor Swift, Kesha, ” Jessup, Kevin Mohatt, ” CNN’s Alison Main, Betsy Klein, Ebony Davis, Sam Fossum, Edward, Isaac Dovere, Lisa Respers Organizations: CNN, Democratic Party, Trump, Michigan AFL, Democratic, Biden, Convention, ABC, Base, Republican, CNN’s, New York Times, Siena, Electoral, Air Force, Joint Base Andrews, Naval Observatory, Howard University, Federal, San, Democratic National Convention, Democratic Colorado Gov, , Milwaukee, Heritage Foundation, California Democrat, Zeta Phi Beta, of Education, , American Federation of Teachers Locations: Houston, Gaza, – Michigan, Pennsylvania, Wisconsin, Sun, Arizona, Georgia, Nevada, North Carolina, Maryland, Wilmington , Delaware, San Francisco, California, British, ” Florida, Milwaukee, , West Allis , Wisconsin, Indianapolis, America, Lisa Respers France
New York CNN —Donald Trump didn’t need to do much to win over crypto investors, who are used to being treated like the problem children of the financial world. They’re tinkering in the shadows, doing a thing most normies either don’t understand and/or believe is a scam. “Bitcoiners are looking for political validation after years in the wilderness,” said Eric Soufer, a political adviser to major crypto companies. But running against Vice President Kamala Harris, now the presumptive Democratic nominee, may change the calculus. It’s not clear why Trump has shown a sudden adoration for digital assets when he pooh-poohed it during his presidency.
Persons: CNN Business ’, Donald Trump, , , Eric Soufer, ” Trump, Trump, Marc Andreessen, Joe Biden, Gary Gensler, Kamala Harris, Biden, Harris, Harris ’, Mark Cuban, Cuban, didn’t, Brian Hughes, “ Trump, unAmerican Crypto, ” Harris, Crypto, Molly White, It’s, , Steve Contorno Organizations: CNN Business, New York CNN, Republican, Big Tech, Securities, Exchange Commission, Democratic, Politico, Trump, CNN, Democrats, Republican Party, GOP, Republicans, Fox Business Locations: New York, Nashville
CNN —Donald Trump said Friday he plans to return to Butler, Pennsylvania – the place where the former president survived an assassination attempt nearly two weeks ago – for a rally that will honor slain supporter Corey Comperatore and those injured in the shooting. Trump’s right ear was bloodied, and he appeared days later at the Republican National Convention in Milwaukee wearing a large white bandage over the injured ear. Trump and his allies used the Republican convention to deliver calls for unity in the wake of the assassination attempt. “What a day it will be – fight, fight, fight!” Trump said Friday in his social media post announcing the Butler rally. US Secret Service Director Kimberly Cheatle resigned this week amid scrutiny of security lapses related to the assassination attempt.
Persons: Donald Trump, Corey Comperatore, Trump, Corey, Comperatore, Butler, , ” Trump, Christopher Wray, Kimberly Cheatle, ” Cheatle, , Organizations: CNN, Republican National Convention, Secret Service, Republican, Democratic, Capitol, FBI, Trump, Secret Locations: Butler , Pennsylvania, Butler, Pittsburgh, Milwaukee
Mayor Eric Adams announced the start of a contentious new plan to put a gun-detecting scanner in the subway on Friday and warned that New Yorkers who refused to be scanned would be kicked out of the system. Mr. Adams highlighted the scanner inside the busy Fulton Street subway station in Lower Manhattan, arguing that the technology would help make the subway safer. “Many New Yorkers will be familiar with this type of technology — it’s not new, and it’s being used in big cities across the country,” Mr. Adams said, noting that scanners were already being used at the Metropolitan Museum of Art and Citi Field. A new pilot program will involve one scanner that will be moved to different stations over the next 30 days, city officials said. Mr. Adams said it would not cost the city any money.
Persons: Eric Adams, Adams, , Mr Organizations: Yorkers, Metropolitan Museum of Art, Citi Locations: Fulton, Lower Manhattan
Signify is still seeing headwinds in China and Europe, CEO says
  + stars: | 2024-07-26 | 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 EmailSignify is still seeing headwinds in China and Europe, CEO saysSignify's CEO Eric Rondolat says the market has been stabilising and the company is seeing "very strong price erosion" in some local markets in countries such as China and India.
Persons: headwinds, Eric Rondolat Locations: China, Europe, India
Grace, a 29-year-old publicist in New York, has regularly used a slew of dating apps for more than four years, with little luck. Among millions, a consensus is forming: Dating apps suck so bad that they might even be deliberately keeping us from finding love. In Tokyo, the city government is even releasing its own dating app, part of a campaign called Tokyo Futari Story ("futari" means couple). Bouke de Vries, an associate professor of philosophy at Ghent University in Belgium who's studied dating apps, argues that state-run dating apps are at least in theory better positioned to help people find partners without spending too much money or time in the process. Last year, Japan's most popular dating app, the Match Group-owned Pairs, began collaborating with several prefectures and cities.
Persons: Grace, She's, it's, who'd, Tinder, Damona Hoffman, Bianca Stelian, Ryan Clarkson, , They've, Ali Jackson, Bouke de, cupid, Bouke de Vries, Belgium who's, de Vries, Omar Minami, Cheryl Drury, They're, Francesca Katayama, Junko Yamada, Yamada, Elon Musk, I'm, Justin Garcia, Garcia, what's, there's, Eric Adams, Adams, Eve Organizations: Raya, Forbes, League, Match, Children, Families Agency, Ghent University, Government, National, Insurance, Rissho University, Department of Health, Human Services, Conservatives, Trump, PAC, Indiana University, Kinsey Institute, Match Group, Republican, Kinsey, New, New York City — Locations: New York, New York City, Japan, Australia, America, Saitama, Tokyo, Bouke de Vries, Belgium, Singapore
Vice President Kamala Harris and former President Barack Obama attend an event to mark the 2010 passage of the Affordable Care Act in the East Room of the White House on April 5, 2022 in Washington, DC. Obama privately has fully supported Harris' candidacy and plans to endorse her soon, these people said. Obama is one of the only high-profile Democrats in the country who has yet to endorse Harris. Michelle Obama also supports Harris' candidacy, two people familiar with the matter said. "President Obama looks forward to helping Democrats up and down the ballot make the case to voters this fall," said Eric Schultz, a senior adviser to Obama.
Persons: Kamala Harris, Barack Obama, Obama, Harris, she's, Joe Biden's, Michelle Obama, Eric Schultz Organizations: Affordable, White, Washington , DC Locations: Washington ,
CNN —Vice President Kamala Harris is less than two weeks away from naming her own running mate. Democrats close to the process say the roster of leading contenders being vetted still includes North Carolina Gov. A new CNN poll conducted by SSRS showed no clear leader in a matchup between Harris and Trump. The former president holds 49% support among registered voters nationwide to Harris’ 46%, a finding within the survey’s margin of sampling error. The party has said its goal is to nominate its presidential and vice presidential candidates by August 7.
Persons: Kamala Harris, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Pete Buttigieg, Harris, Andy Beshear, Tim Walz, , Eric Holder, Tony West, Holder, Donald Trump, Ohio Sen, JD Vance, Doug Emhoff, Joe Biden, , SSRS, Trump Organizations: CNN, Democratic, North Carolina Gov, Arizona, Transportation, Senate, Kentucky Gov, Minnesota Gov, Democrat, Harris ’, Biden, Trump, Democratic National Locations: Pennsylvania
Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one. 65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference. These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading.
Persons: , Joe Biden, , Harris, Kamala Harris, Biden’s, Harris’s, Biden, Mr, Biden —, , ’ Thomas Massie, Trump, ’ Mark Alford, Josh Hawley, Donald J, Chris LaCivita, Trump’s, , I’m, Biden Harris, he’s, ’ Eric Schmitt, Roger Marshall Senator, Kan, Kat, ‘ Kamala Harris, ’ Ron DeSantis, ’ Jack Bergman, ’ Mike Johnson, ‘ Where’s Biden, Nancy Mace, S.C, ’ Markwayne Mullin, Okla, ’ Lauren Boebert, ” Harris, Greg Abbott Governor, ’ Elise Stefanik, Cackling Kamala, ’ Warren, ‘ Fran, ’ Mike DeWine, ’ Lindsey Graham, ’ Lisa Murkowski Organizations: Left, New York Times, White, The Times, ’ Thomas Massie Representative, Republican, Convention, Biden, Kat Cammack, Fla, House, Democrats, Colo, Far Left Democrats ’, ’ Warren Davidson Representative Locations: Delaware, Covid, Ky, Mo, Fla, Washington, Greg Abbott Governor , Texas, Ohio, Alaska
Alphabet investors may want to prepare for some volatility moving forward. However, shares fell about 5% as the company also reported lower-than-expected YouTube advertising revenue. On top of that, Alphabet highlighted plans to boost capital expenditures as it races to meet rising artificial intelligence demand. That is due in part to tough advertising comparisons amid the anniversary of a particular strong period for Asia and Pacific retailers. The move to 'future proof' business Some analysts and investors are reading the tea leaves with a positive tilt, however.
Persons: Ruth Porat, Sundar Pichai, Porat, Mark Shmulik, Brent Thill, Benjamin Black, Ross Sandler, Gene Munster, Goldman Sachs, Eric Sheridan, Bank of America's Justin Post, Truist's Youssef Squali, Citi's Ronald Josey Organizations: Jefferies, Deutsche Bank, Barclays, Bank of America's, DR Locations: Asia, Pacific
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
Goldman Sachs is turning bullish on Spotify after its solid earnings report this week. Analyst Eric Sheridan upgraded the streaming stock to buy from neutral and raised his 12-month price target by $105 to $425, suggesting nearly 29% potential upside. Spotify reported record quarterly earnings on Tuesday that sent shares up nearly 12%, marking the stock's biggest one-day gain since January 2023. He anticipates the upside scenario would be for the company to repurchase as much as roughly 25% of its current market cap through 2029. Sheridan expects Spotify could also see compounding revenue growth in the mid-teens in the next three to five years.
Persons: Goldman Sachs, Eric Sheridan, Sheridan Organizations: Spotify, Sheridan
Typhoon Gaemi is expected to strengthen into a super typhoon before making landfall on Taiwan’s northeastern coast Wednesday evening. Heavy rain hit Taiwan ahead of the storm’s landfall on Wednesday, with the island’s mountainous areas already reporting rainfall approaching 200 millimeters (8 inches). Typhoon Gaemi is strengthening in Pacific waters that have been at their warmest temperatures on record. Images show roads and streets in Manila flooded by rains brought by Typhoon Gaemi, as people wade through knee-deep water. Torrential rainfall hit southern, central and eastern parts of the country and led to major emergency response efforts in a flood season that has started some two months ahead of its typical schedule.
Persons: Gaemi, Han, Sun Li, fiang, Typhoon Gaemi, Ferdinand Marcos Jr, Organizations: Taiwan CNN, Typhoon Warning, Central Meteorological Agency, CMA, Taiwan Railways, China Airlines, Starlux Airlines, Philippine Stock Exchange, Taiwan Locations: Taipei, Taiwan, Fujian, Hualien county, chipmaking, Hsinchu, Kaohsiung, China, Hualien ., Philippines, Manila, Luzon, Philippine, Zhejiang, Jiangxi, Henan, Shanxi, Hebei
(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. "At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable," wrote analyst Nik Modi. "However, with minimal upside to our revised $47 price target and a relatively 'balanced' risk-reward between our $28 bear case …. –Samantha Subin 5:54 a.m.: Wall Street stands by Alphabet, AI potential post-earnings Wall Street analysts remain bullish on the outlook for Alphabet , even after the stock fell on the back of its second-quarter results. His price target of $425, up from $320, implies upside of more than 28% from Tuesday's close.
Persons: Goldman Sachs, Lauder, Estee Lauder, Nik Modi, Modi, Estee, – Samantha Subin, Morgan Stanley downgrades, Morgan Stanley, Adam Jonas, Jonas, Samantha Subin, Dan Levy, Tesla, Michaeli, Bernstein's Toni Sacconaghi, Mark Delaney, GOOGL, Doug Anmuth, Justin Post, Eric Sheridan, Brent Thill, Sheridan, Fred Imbert Organizations: CNBC, Spotify, RBC, Markets, Motors, GM, General Motors, Tesla, Barclays, YouTube, Bank of America, Google, Jefferies Locations: China, 1H25, Tuesday's
The Secret to Great Korean BBQ Is Not What You Think
  + stars: | 2024-07-24 | by ( Eric Kim | ) www.nytimes.com   time to read: 1 min
In my house growing up, Korean-barbecue clothes were a set of raggedy T-shirts and sweatpants reserved for nights when we were grilling at home — and by grilling at home, I mean indoors. My family would grill meat right at our round, lacquered dining table. In the center sat a portable butane stove, topped with a three-foot domed wheel of steel, a heavy black pan made by a metalworker friend of my mother’s. A spaceship-looking thing, it sat perfectly over the butane stove, sizzling with galbi, soy-marinated short ribs; samgyeopsal, gloriously fatty pork belly; and chadolbaegi, razor-thin slices of brisket that curled up as soon as they hit the heat. These fiery meals were precise but casual, remarkable but easy to throw together.
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