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☆ Trump chooses U.S. Covid policy critic Bhattacharya to lead NIH
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +2 min

Dr. Jay Bhattacharya speaks during a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022. The NIH has been in the crosshairs of Robert F. Kennedy Jr., Trump's pick to lead the Department of Health and Human Services, which oversees the NIH. The NIH director oversees 27 institutes and centers that conduct early stage research on everything from vaccines for emerging pandemic threats to targets for new drugs. Bhattacharya, a Stanford health policy professor and doctor, was an outspoken critic of the U.S. government's Covid-19 policies during the pandemic. Francis Collins, the NIH director and Fauci's boss, defended Fauci in a July 2020 interview with STAT News, saying it was "unimaginable" to consider firing Fauci, as some Republicans had demanded.

Persons: Jay Bhattacharya, Donald Trump, Robert F, Kennedy Jr, Kennedy, Bhattacharya, government's, Anthony Fauci, Trump's coronavirus, Francis Collins Organizations: Caucus, Heritage Foundation, Tuesday, Stanford, National Institutes of Health, NIH, Department of Health, Human Services, RFK, Stanford University School of Medicine, Stanford's Department of Economics, NIH's National Institute of Allergy, Disease, STAT, Trump Locations: Stanford, Barrington, Fauci

☆ Northern Israel Somber as a Few Soldiers and Residents Trickle Through
▼ + stars: | 2024-11-27 | by ( Natan Odenheimer | ) www.nytimes.com time to read: +1 min

Residents were visiting their damaged homes near the border for the first time in a year. Israeli soldiers were bathing in a natural hot spring in the rain, in an area where sirens screamed the previous night. Many residents have settled into new housing and enrolled their children in schools elsewhere. The Israeli government promised to retaliate immediately to any violations of the cease-fire, and officials are not encouraging residents to return yet. Their town, Metula, is just a few hundred yards from the Lebanese border and suffered significant damage during the war.

Persons: ”, Galit Doctorsh Organizations: Hamas Locations: Lebanon, Israel, Iran, “, Metula, Lebanese, Gaza

☆ The baste is yet to come: Butterball’s tips for the perfect turkey
▼ + stars: | 2024-11-27 | 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 EmailThe baste is yet to come: Butterball’s tips for the perfect turkeyBill Nolan, Butterball Turkey Talk-Line, joins ‘Squawk Box’ to discuss the company’s annual tradition of helping people with their questions for the perfect turkey.

Persons: Bill Nolan, Butterball Locations: Butterball Turkey

☆ Why some women say learning poker is the key to career success
▼ + stars: | 2024-11-27 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Some women are building their confidence and career success at a surprising locale: a poker table. Jenny Just founded Poker Power, a company that teaches the game to women to build up their risk-taking skills. "The poker table was like every money table I had sat at," Just previously told Business Insider. Skills like capital allocation, taking risks, and learning how to strategize." "When I sat down at the poker table, I was instantaneously stereotyped," Merk previously told BI.

Persons: Jenny Just, Erin Lydon, Lydon, Maria Konnikova, I've, Konnikova, Abby Merk, Merk Organizations: US Department of Labor, Poker, Poker Power, Street

☆ Sean ‘Diddy’ Combs is denied bail for a third time
▼ + stars: | 2024-11-27 | by ( Kara Scannell | ) edition.cnn.com time to read: +3 min

CNN —Sean “Diddy” Combs will remain in jail after a judge rejected his latest attempt for release while the rapper and music producer awaits trial on charges of sex trafficking and racketeering conspiracy. Judge Arun Subramanian denied Combs’ team’s motion for release on Wednesday. His decision followed a two-hour court hearing on Friday where he appeared to explore potential options and questioned prosecutors’ allegation that Combs continued to obstruct the ongoing investigation. Federal prosecutors argued that Combs could not be trusted on bail because he flouted the rules of the jail and judge. Prosecutors allege Combs tried to evade law enforcement monitoring by using several techniques, including three-way calling, to contact witnesses.

Persons: Sean “ Diddy ” Combs, Arun Subramanian, Combs, –, “, ”, scoffed, that’s “, Judge Subramanian Organizations: CNN, Metropolitan Detention Center, Prosecutors Locations: Miami

☆ BTIG notes baby back ribs are topping AI, as this restaurant stock outperforms Nvidia
▼ + stars: | 2024-11-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

It may be time to take profits on Brinker International and rotate into other restaurant stocks, according to BTIG. That's more than the year-to-date gains of AI chip darling Nvidia , which is up more than 176% this year. While BTIG has a neutral rating on Yum Brands, it has rated both Domino's Pizza and Darden Restaurants as a buy. For Domino's, 22 of the 35 analysts covering the pizza chain have a strong buy or buy rating, while 12 analysts have a hold rating, according to LSEG data. The remaining nine have a strong buy or buy rating.

Persons: Jonathan Krinsky, Brinker, Krinsky, BTIG Organizations: Brinker International, Darden, Yum Brands

☆ Kamala Harris' team wanted her to go on 'Hot Ones'. The show said no.
▼ + stars: | 2024-11-27 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

AdvertisementKamala Harris' campaign sought an appearance on "Hot Ones," but the show declined. Harris campaign officials said "Hot Ones" didn't want to delve into politics. Vice President Kamala Harris' campaign wanted her to appear on the popular internet show "Hot Ones," but the show declined, campaign officials said. He asked why that may not have happened, citing "Hot Ones" as an ideal fit for the vice president. Advertisement"Never in time has there been a candidate better suited for a podcast than Kamala Harris on 'Hot Ones,'" he said.

Persons: Kamala Harris, Harris, Dan Pfeiffer, Jen O'Malley Dillon, Walz, Quentin Fulks, Stephanie Cutter, David Plouffe, Pfeiffer, Barack Obama, Bowen Yang, Paul Mescal, Jimmy Fallon, Donald Trump, Joe Rogan, Trump, Rogan, Plouffe Organizations: Democratic, Business Locations: Texas, Austin

But investors see Bessent as a smart pick for Treasury secretary, and this sentiment sent bond yields — and therefore mortgage rates — lower. But mortgage rates are still elevated compared to where they've been in the last few months. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are still elevated, but over time they should ease as the Fed lowers rates.

Persons: Scott Bessent, they've, Donald Trump's, Freddie Mac Organizations: Treasury, Mortgage Research Center, Mortgage, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron

☆ Opinion | Saving Electric Vehicles From Donald Trump
▼ + stars: | 2024-11-27 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Trump Seen as a Threat to E.V. Sales” (Business, Nov. 26):It is ironic that President-elect Donald Trump, who claims he will make America great again, wants to kill offshore wind and electric cars. President Biden tried hard to get American industry back into the green transition by promoting domestically built green energy and electric cars. Mr. Trump apparently wants to turn it all over to China. The green transition will happen regardless of what Mr. Trump thinks.

Persons: Trump, Donald Trump, Biden, Eric Weaver Berkeley, Donald Trump’s, Mary Barra, Joe Biden’s Organizations: Trump : Force, General Motors Locations: China, American, Calif

☆ Oxford University Names William Hague Its New Chancellor
▼ + stars: | 2024-11-27 | by ( Amelia Nierenberg | ) www.nytimes.com time to read: 1 min

The University of Oxford announced on Wednesday that William Hague, a former leader of Britain’s Conservative Party, will be its next chancellor. Mr. Hague, 63, was chosen in an online vote of about 25,000 Oxford alumni and staff members. He will begin his 10-year term early next year and will serve as Oxford’s 160th chancellor. The role is largely ceremonial but also involves advocacy and fund-raising work, the university said. A zumba teacher and an “anti-woke” Anglican clergyman were among those who cast their hats into the ring.

Persons: William Hague, Elish Angiolini, Mr, Hague, ” Mr, ” Organizations: University of Oxford, Britain’s Conservative Party, Oxford Locations: Oxford

☆ Dentist charged with murdering wife also wanted investigating officer killed, authorities say
▼ + stars: | 2024-11-27 | by ( Andi Babineau | Andy Rose | ) edition.cnn.com time to read: +4 min

James Craig previously entered not guilty pleas to first-degree murder and other charges in the death of his wife, Angela Craig. Angela Craig went to the hospital with dizziness two days after a package of arsenic was delivered to the couple’s home, investigators said. Investigators say Angela Craig texted her husband, “I feel drugged,” after having a protein shake. James Craig texted back, “Just for the record, I didn’t drug you,” according to a court document. After his wife’s death, James Craig told the victim’s sister he did not want an autopsy performed, according to the affidavit.

Persons: James Craig, Craig, Angela Craig, Christopher Oquendo, Angela, Angela Craig’s, Angela Craig texted, “, ”, James Craig texted, Harvey Steinberg, Steinberg, Craig’s, CNN’s Raja Razek, Elizabeth Wolfe Organizations: Denver CNN, CNN, Judicial, Aurora, Daily, KUSA, Aurora Police, Police, Arapahoe County Coroner’s Locations: Colorado, Arapahoe County

☆ U.S. weekly jobless claims fall by 2,000
▼ + stars: | 2024-11-27 | 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 EmailU.S. weekly jobless claims fall by 2,000CNBC's Rick Santelli joins 'Squawk Box' to break down the latest economic data.

Persons: Rick Santelli Organizations: U.S

☆ JPMorgan sees S&P 500 rising to 6,500 in 2025 thanks to AI and deregulation
▼ + stars: | 2024-11-27 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 will be propelled to new heights in the new year thanks to momentum in artificial intelligence, a resilient economy and the possibility of easier regulation on industries, according to JPMorgan. The labor market has also held up, with more than 100,000 jobs being added in all but one month this year. The S & P 500 is up 4.1% since the Nov. 5 vote. UBS said this week it sees the S & P 500 rising to 6,400 , while Goldman Sachs and Morgan Stanley expect an expansion to 6,500. His 4,200, the lowest in the CNBC Pro Market Strategist Survey , implies 30% downside from Tuesday's close.

Persons: Dubravko Lakos, Bujas, Donald Trump's, Toll, Goldman Sachs, Morgan Stanley Organizations: Nvidia, Federal Reserve, Microsoft, Exxon Mobil, Tesla, Toll Brothers, Citigroup, UBS, Deutsche Bank, CNBC Pro Market, Survey Locations: Tuesday's, U.S

☆ Exxon is the best oil stock, as its big bet on cutting carbon emissions should pay off, UBS says
▼ + stars: | 2024-11-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Exxon Mobil 's new businesses aimed at lowering carbon-dioxide emissions are a long-term growth engine that will deliver earnings by the end of the decade, according to UBS. UBS has a 12-month price target of $149 for Exxon, indicating about 22% upside from Friday's close of $121.79 per share. The oil major is investing some $20 billion in a suite of emissions-reducing businesses including carbon capture and storage, biofuels, lithium and hydrogen through 2027. Balanced growth Exxon's $20 billion investment in low-carbon businesses represents about 13% of the company's total capital expenditures through 2027. The company's downstream refining and retail sales business should grow earnings by $4 billion starting in 2027, according to UBS.

Persons: Josh Silverstein, Silverstein, Trump Organizations: Exxon Mobil, UBS, Exxon, U.S, Baytown Hydrogen Locations: U.S, Baytown, That's, Guyana

☆ Dell's AI business is booming, but shares plunged after it cut its revenue outlook
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations. But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading. The biggest success story came from Dell's Infrastructure Solutions Group, which includes sales of AI servers, storage, and other network capabilities. Despite Dell's strong positioning in AI-related technologies, the company's shares were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Dell shipped $2.9 billion in AI servers during the quarter, and the company said that customers had booked $3.6 billion of future AI server orders.

Persons: Dell, Dell's, Jeff Clarke, Elon Musk's Organizations: Dell's Infrastructure Solutions Group, Analysts, CSG, Nvidia, Elon Locations: Dell's ISG, Texas

☆ 'Suits' actor Patrick J. Adams said his mom helped him confirm that it was time to quit and focus on family
▼ + stars: | 2024-11-27 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

AdvertisementPatrick J. Adams left "Suits" after realizing he only stayed for the money. Patrick J. Adams knew it was time to leave "Suits" after a conversation with his mom. While Adams left the show after the seventh season in 2018, Gabriel Macht, who plays Harvey Spector, stayed on for the final two seasons. AdvertisementFirst released in 2011, "Suits" experienced a resurgence in popularity after being rereleased on streaming platforms like Netflix. AdvertisementSimilarly, Ashley Tan left her job as a JP Morgan analyst after feeling like she was wasting her life.

Persons: Patrick J, Adams, Troian, Jesse Tyler Ferguson, Mike Ross, Meghan Markle, You've, Gabriel Macht, Harvey Spector, Gabriel, Bellisario, I'd, Aaron Korsh, Macht, AJ Eckstein, Ashley Tan, It's Organizations: Canadian -, Harvard Law, Netflix, Nielsen, Business Insider Locations: Canadian - American, Toronto

☆ 'Moana 2' has a dramatic ending with a big twist. Here's what it means for the future of the franchise.
▼ + stars: | 2024-11-27 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

It has big implications for the future of the franchise, including a possible "Moana 3." "Moana 2" follows the titular hero on another adventure at sea, and it concludes with a thrilling ending. And, of course, there's the demigod Maui (Dwayne Johnson), who, by the end of the movie, teams up with Moana. Still under the thumb of Nalo, the mid-credit scene teases that Matangi will be helping Nalo as the god sets out to take on Moana. The scene also teases the return of Tamatoa, the enormous singing crab from the first "Moana" movie.

Persons: Nalo, Loto, Moni, Kele, Maui, Dwayne Johnson, It's, Moana, Motufetu, Disney hasn't Organizations: Disney Locations: Motufetu, Moana, Maui

☆ Autodesk CEO: We're capitalizing on strong industry trends to digitize effectively
▼ + stars: | 2024-11-27 | 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 EmailAutodesk CEO: We're capitalizing on strong industry trends to digitize effectivelyAndrew Anagnost, Autodesk president and CEO, joins 'Squawk on the Street' to discuss the company's latest announcements, the play for investors, and much more.

Persons: Andrew Anagnost Organizations: Autodesk

☆ CEO says his airline's all-Airbus fleet is a 'better alternative' as rivals struggle with Boeing blues and engine issues
▼ + stars: | 2024-11-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Its CEO told Bloomberg it benefited from engine choices and an all-Airbus fleet. CEO Johan Lundgren spoke to Bloomberg TV on Wednesday as easyJet reported blockbuster earnings. Related VideoThe European budget airline reported a record-breaking summer, with pre-tax profit up by one-third since last year to £610 million ($768.35 million). Earlier this month, Wizz reported its half-year net profit was down 21.3% to 315.2 million euros ($331.4 million). Lundgren told Bloomberg TV the airline had 16 deliveries this financial year rather than the 19 it expected.

Persons: Wizz, easyJet, Johan Lundgren, Lundgren, we've, Pratt & Whitney Organizations: Bloomberg, Airbus, Boeing, Ryanair, Pratt & Whitney, Bloomberg TV, Wizz, Europe's, Alaska Airlines, Pratt &, CFM

☆ Amazon is JPMorgan's best idea for the holidays
▼ + stars: | 2024-11-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Consider adding Amazon to your holiday stock shopping list, according to JPMorgan. Analyst Doug Anmuth named the stock its best idea heading into the holiday stretch, citing expectations for 7.5% year-over-year growth and online shopping market share gains. Shares have rallied 36% this year, with the firm's $250 price target implying 20% upside from Tuesday's close. "Amazon maintains a leading ~45% share of US e-comm & enters the holiday season with strong momentum from early holiday promotions, [same-day/1-day delivery], regionalization, expansion of the Prime ecosystem, & competitive prices," he wrote. Amazon shares have popped more than 35% year to date, and analysts see more upside ahead.

Persons: Doug Anmuth, Anmuth, Amazon's Organizations: JPMorgan

☆ American Express CEO on small business economic recovery, health of the American consumer
▼ + stars: | 2024-11-27 | 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 EmailAmerican Express CEO on small business economic recovery, health of the American consumerStephen Squeri, American Express CEO, joins 'Squawk on the Street' to discuss American Express' focus on small businesses, the health of the American consumer, and much more.

Persons: Stephen Squeri Organizations: American Express, American

Ana LuisaAna Luisa is a team favorite and our top pick for the best place to buy affordable fine jewelry. Studs Baroque Pearl Huggie $22.40 $32.00 Save 30% A freshwater pearl adds a touch of romance to your classic huggie. View at StudsOak and LunaThe jewelry pieces we choose to wear say a lot about who we are, but personalized jewelry takes that up a notch further. Oak and Luna is our go-to for personal jewelry pieces, as they have a huge variety of totally customizable pieces. Ring Concierge Movement Cloud Ring $278.60 $398.00 Save 30% This solid gold ring adds intrigue with its dynamic, flowing design.

Persons: Ana Luisa Ana Luisa, They're, Ana Luisa, Ana Luisa's, you'll, Mejuri Mejuri, Luna, it's, you've, that’s, Diamond Organizations: Business, Studs, Luna Black

☆ 56% of Americans say their parents never discussed money with them. How experts recommend getting the conversation started
▼ + stars: | 2024-11-27 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

As families gather for Thanksgiving this year, money is one topic that likely won't be discussed. Yet experts say it's a perfect time to start the conversation, particularly with aging parents. More than half of Americans — 56% — say their parents never discussed money with them, according to a recent Fidelity survey of 1,900 adults ages 18 and up. For the wealth they do have, most Americans say they accumulated it on their own, with 80% identifying as self-made and only 5% saying they inherited it, Fidelity found. 1 sign of successYet experts say that not having a plan in place can leave individuals and their families vulnerable when unexpected events happen.

Persons: —, David Peterson, Peterson, Warren Buffett, MaryAnne Gucciardi, Gucciardi, there's Organizations: Fidelity, Finance Locations: Cambridge , Massachusetts

For the past year, comparing short-term CD rates vs. long-term CD rates showed that short-term CDs had better rates overall. Even the best long-term CD rates were starting to dip under the 4% mark, going into the 3.90% APY range. For example, Synchrony Bank's best CD rate is the Synchrony 9 Month CD, which offers 4.05% APY. Long-term CD rates are still lower than short-term CD rates overall. If the risk of incurring early withdrawal penalties in a long-term CD is too much, you can open a CD ladder with a long-term CD in it to mitigate that risk.

Persons: Synchrony, we're, Jerome Powell, Donald Trump, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, America First Credit, Credit Union, Dow Credit Union, Federal, Pulliam, Business, Tax, MSN, Vanderbilt University Locations: America

☆ Donald Trump’s Immigration Plans
▼ + stars: | 2024-11-27 | by ( German Lopez | ) www.nytimes.com time to read: +1 min

That’s about how many unauthorized immigrants Donald Trump hopes to remove from the country: 11 million people in all. The Morning is running a series on the policies that Trump and his congressional allies will try to implement next year. A huge operationWe already know the broad contours of Trump’s plan. He wants to use the military and law enforcement to detain the millions of people who are in the United States illegally. Finally, it will fly undocumented migrants to their home countries or other places that agree to take them.

Persons: Donald Trump, Trump Locations: Chicago, United States

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