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CNN —The US Environmental Protection Agency designated two widely used “forever chemicals” as hazardous substances under the United States’ Superfund law on Friday. This ruling will allow the EPA to investigate and clean up leaks and spills of these harmful chemicals, according to the official news release. Exposure to “forever chemicals” has been linked to cancers, heart and liver disease and immune and developmental damage to infants and children, according to the news release. There are more than 12,000 forms of PFAS chemicals in the environment. The designation comes just weeks after the EPA announced new limits for “forever chemicals” in drinking water in the United States.
Persons: Michael S, Regan, Dr, David Andrews, , Sanjay Gupta, ” Lisa Frank, Harris, CNN’s Jen Christensen Organizations: CNN, Environmental Protection Agency, United, EPA, Environmental, CNN Health, PIRG, Fund, Environment America Research, Policy, Biden Locations: United States, U.S, Washington
As an independent candidate for the White House, Robert F. Kennedy Jr., claims he would be the “best environment president in American history,” drawing on his past as a crusading lawyer who went after polluters in New York. But dozens of Mr. Kennedy’s former colleagues at the Natural Resources Defense Council are calling on him to withdraw from the race, in full-page advertisements sponsored by the group’s political arm that are expected to appear in newspapers in six swing states on Sunday. Separately, a dozen other national environmental organizations have issued an open letter calling Mr. Kennedy “ a “dangerous conspiracy theorist and a science denier” who promotes “toxic beliefs” on vaccines and on climate change. People involved in both efforts maintain that Mr. Kennedy cannot win the presidency but could siphon votes away from President Biden and help elect former President Donald J. Trump, who has called climate change a hoax and promised to unravel environmental laws and policies.
Persons: Robert F, Kennedy Jr, Kennedy’s, Kennedy “, , Kennedy, Biden, Donald J, Trump Organizations: White, Natural Resources Defense Locations: New York
The Biden administration expanded federal protections across millions of acres of Alaskan wilderness on Friday, blocking oil, gas and mining operations in some of the most unspoiled land in the country. It also announced it would ban drilling in more than half of the 23-million-acre National Petroleum Reserve-Alaska, an ecologically sensitive expanse north of the Arctic Circle. Together, the two moves amount to one of biggest efforts in history to shield Alaskan land from drilling and mining. They are expected to face challenges from industry as well as from elected leaders in Alaska, where oil and gas revenues make up much of the state’s budget and where mining is a main driver of the economy. “Alaska’s majestic and rugged lands and waters are among the most remarkable and healthy landscapes in the world, sustaining a vibrant subsistence economy for Alaska Native communities,” President Biden said in a statement.
Persons: Biden Organizations: Interior Department, and, Petroleum Reserve Locations: Alaska
CNN —One thing about Taylor Swift is she will rip her own heart open and spill the blood in the form of her song lyrics. Welcome to “The Tortured Poets Department.” Her latest music continues Swift’s tradition of sharing insight about her feelings and relationships in her songs. Clues include the opening in which Swift sings, “You left your typewriter at my apartment.” Healy expressed a fondness for typewriters in a 2019 interview with GQ magazine. “So when I touch down/ Call the amateurs and cut ‘em from the team,” Swift sings. It all led to a whole “Taylor Swift is a snake” trend on social media, and Swift has talked about how she withdrew into herself during that time.
Persons: Taylor Swift, , , Joe Alwyn, Swift, That’s, Alwyn, Paul Mescal, Andrew Scott –, Matty Healy, ” Healy, Healy, You’ll, ” Swift, she’s, Travis Kelce, aIMee ”, “ KIM, Kim Kardashian, Kardashian’s, Kanye, Taylor, Kardashian, aIMee ” Swift Organizations: CNN, Poets Department, Department, GQ, Brit Locations: British, London
Intuitive Surgical — Shares of the robotic surgery firm popped 3% after posting a first quarter earnings and revenue beat. Western Alliance — Shares slipped 2% after the firm missed earnings expectations in its latest quarter. Western Alliance reported earnings of $1.60 per share, while FactSet had estimated this at $1.64 per share. The company slightly missed revenue expectations, however, posting $20.20 billion, while analysts expected $20.41 billion. American Express — Shares slid 1.5% despite the financial services company posting a first-quarter earnings and revenue beat above FactSet estimates.
Persons: Ashley Helgans, Sephora, Shopify, Morgan Stanley, Wells, Biden, SLB, LSEG, FactSet, Proctor, Gamble, — CNBC's Hakyung, Jesse Pound, Samantha Subin Organizations: Jefferies, Netflix, Energy, Western, Western Alliance, Paramount, New York Times, Bloomberg, Sony Pictures Entertainment, Apollo Global Management, Skydance Media, Bentley Systems, Schneider Electric, American, American Express Locations: Canada, Wells, North America, — CNBC's Hakyung Kim, Tanana
JetBlue Airways — Shares jumped 4.1% after JPMorgan upgraded the airline to neutral from underperform, saying it likes its turnaround potential. Barnes Group — The global industrial tech and aerospace stock jumped 9.3% after DA Davidson upgraded the company to buy from neutral, saying shares are attractive. Blackstone — The asset manager slipped 2.3% after lowering its dividend to 83 cents per share from 94 cents per share. Horton exceeded expectations in its fiscal second quarter, posting earnings of $3.52 per share on revenue of $9.11 billion. Elevance Health — Shares jumped 3.2% after the health insurance company posted an earnings beat and raised its full-year guidance.
Persons: Estee Lauder, Tesla, Emmanuel Rosner, Rosner, Davidson, Blackstone, Horton —, Horton, LSEG, Morgan Stanley, Donald Trump's, , Samantha Subin, Brian Evans, Hakyung Kim, Lisa Kailai Han Organizations: JPMorgan, Taiwan Semiconductor Manufacturing, JetBlue Airways —, Iris Energy, Deutsche Bank, Google, Meta, Reuters, Group, Alaska Air Group, Revenue, BJ's Wholesale, eBay, — Rosenblatt Securities, Trump Media & Technology, Truth Social Locations: Taiwan, Alaska
CNN —Social media can be a divisive place, but even more so when it comes to Taylor Swift. A Google Drive link allegedly containing 17 tracks that are purportedly from Swift’s eagerly awaited “The Tortured Poets Department” album has been making the rounds on the internet in the past day and people are equal parts mad, sad and happy about it. CNN has reached out to Swift’s representative for comment. The actual album is slated to drop at midnight Friday, but the claimed leak is both being hailed and nailed by Swift’s supporters. “The Tortured Poets Department” is Swift’s 11th album and comes after she became the first woman and only solo artist to win the Grammy for album of the year three times.
Persons: Taylor Swift, Swift’s, I’m, , “ Taylor Swift, ” Swift, Jimmy Kimmel, Organizations: CNN, Social, Department
Nearly 76% of companies that have reported have beaten earnings expectations, while 59% have come in above analysts' expectations for revenue. A diverse group of companies reports results next week, on track to be the busiest one of the season. A company's earnings results are, of course, integral to both its near- and long-term performance. As a result, CNPC Pro screened stocks slated to report their earnings next week for those that have a history of beating analysts' expectations. The workflow automation platform beats earnings expectations 89% of the time.
Persons: They've, Meta, Piper Sandler, Five9, Baird, William Power, , Robert Hum, Fred Imbert Organizations: Dow Jones, Technology, Microsoft, Meta, Humana, Comcast, Chubb, Visa, Investment Group, JPMorgan, Citi, Cloud Locations: industrials
Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.
Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York
JPMorgan listed Duolingo as its best idea in online education ahead of the Pittsburgh-based tech firm's first-quarter earnings report in early May. With the mild downdraft since Duolingo's fourth-quarter earnings report, JPMorgan analyst Bryan Smilek said the stock's risk/reward ratio looks attractive at its current prices. DUOL YTD mountain DUOL YTD chart Smilek also said there may be additional room for potential upside to Duolingo's full-year 2024 outlook as part of its first-quarter numbers. Smilek praised Duolingo's strong advertising presence, saying it's resulted in rising user growth. As a result, passive index funds that track the midcap index and its value or growth subsets will be forced to buy Duolingo.
Persons: Duolingo, Bryan Smilek, Smilek, it's, Goldman Sachs, — CNBC's Michael Bloom Organizations: JPMorgan, 2Q, Allen, Co Locations: Pittsburgh, Wednesday's
The Senate on Wednesday dismissed the impeachment case against Alejandro N. Mayorkas, the homeland security secretary, voting along party lines before his trial got underway to sweep aside two charges accusing him of failing to enforce immigration laws and breaching the public trust. By a vote of 51 to 48, with one senator voting “present,” the Senate ruled that the first charge was unconstitutional because it failed to meet the constitutional bar of a high crime or misdemeanor. Republicans united in opposition except for Senator Lisa Murkowski of Alaska, the lone “present” vote, while Democrats were unanimous in favor. Ms. Murkowski joined her party in voting against dismissal of the second count on the same grounds; it fell along party lines on a 51-to-49 vote. Senator Chuck Schumer, Democrat of New York and the majority leader, moved to dismiss each charge, arguing that a cabinet member cannot be impeached and removed merely for carrying out the policies of the administration he serves.
Persons: Alejandro N, , Lisa Murkowski, Murkowski, Chuck Schumer Organizations: Wednesday Locations: Alaska, New York
Columbia University President Minouche Shafik tried to avoid the firestorm of controversy that pushed out two of the three university presidents who testified on Capitol Hill in December. While the other university presidents provided lawyerly answers that went viral, Shafik and her three Columbia colleagues all unequivocally stated that such calls would violate the code of conduct at Columbia. For instance, the Columbia president was asked by Rep. Lisa McClain whether mobs shouting “from the river to the sea” or “long live the intifada” qualify as antisemitic comments. Some people don’t.”Only after David Schizer, the co-chair of Columbia’s task force on antisemitism, indicated it would qualify as antisemitism did Shafik agree. Davidai called Shafik a “coward” in a fiery speech last year criticizing the university president for failing to quiet “pro-terror” voices at the school.
Persons: Minouche Shafik, Shafik, Shafik waffled, Lisa McClain, McClain, , David Schizer, ” Shafik, Joseph Massad, Tim Walberg, Massad, Mohamed Abdou, Shai Davidai, Davidai, , Abdou, Eden Yadegar, CNN’s Elisabeth Buchwald Organizations: New, New York CNN, Ivy League, Columbia University, Harvard, Massachusetts Institute of Technology, University of Pennsylvania, Columbia, , CNN, Columbia Business School Locations: New York, Columbia
After a slow start to the year, several restaurant chains are due to emerge as the winners this earnings season, according to Jefferies. First of all, same-store sales only modestly recovered in March to around flat, while the key metric was down 4.5% in January and 0.6% in February, analyst Andy Barish wrote. He added customer traffic remains challenged as well, although this varies from restaurant brand to restaurant brand, while consumers have simultaneously grown more cautious about their spending. Jefferies believes that the restaurant chain's earnings per share will come in line, while same-store sales are more likely to have some upside. Barish sees first-quarter U.S. same-store sales and earnings per share estimates coming in line with analyst expectations, while EBITDA could surprise to the upside.
Persons: Andy Barish, Barish, BJ's, Jefferies, EBITDA, McDonald, — CNBC's Michael Bloom Organizations: Jefferies, Investors, BJ's Locations: California, CA, remodels, Brazil, McDonald's
CNN —Congratulations are in order for singer Ashanti and rapper Nelly. “This new year of my life is such a blessing full of love, hope, and anticipation,” Ashanti, 43, said in a statement to the publication. Ashanti attended the MTV VMA Awards around that time, where Nelly was a scheduled performer. She carried a clutch with a photo of her and Nelly from when they attended the awards ceremony together back in 2003. It wasn’t anything that was planned.”CNN has reached out to representatives for Nelly for additional comment.
Persons: Ashanti, Nelly, ” Ashanti, she’s, Tina Y, Douglas, gasps, Baby Haynes, , Cornell Iral Haynes Jr, , Rasheeda, Kirk Frost, Rasheeda ”, ” Nelly Organizations: CNN, , Cornell, MTV, Hop Atlanta
USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying. "USS Boxer is returning to San Diego to undergo additional maintenance in support of its deployment in the Indo-Pacific region," Lt. Cmdr. "We're seeing some potential delays on [the amphibious assault ship USS Wasp]," Franchetti said. A spokesperson for Surface Force Atlantic told Military.com following the incident that "during the underway, the ship discovered an engineering irregularity" and "returned to port to effect repairs." The amphibious assault ship USS Boxer transits the East Sea during Exercise Ssang Yong 2016 March 8, 2016.
Persons: Boxer, , Cmdr, Jesus Uranga, Military.com, Uranga, Craig Z, Adm, Lisa Franchetti, Franchetti, Bill Dodge, Yong, Seaman Craig Z, Konstantin Toropin Organizations: US Navy, Service, USNI News, Navy, Marine Corps, Boxer, Marines, 15th Marine Expeditionary Unit, USNI, Space, Maritime, USS Boxer, USS Boxer U.S . 5th, . Navy, Naval, Surface Force, REUTERS, U.S . Navy, Reuters, USS, Somerset Locations: San Diego, Boxer U.S, USS Boxer U.S, Norfolk, Virginia, Handout, USS Somerset, Somerset, India
On Wednesday, Senate Democrats voted to declare as unconstitutional both articles of impeachment against Department of Homeland Security Secretary Alejandro Mayorkas — effectively ending the trial. It put a swift end to what had been a monthslong process by House Republicans, championed originally by Rep. Marjorie Taylor Greene of Georgia. Democrats agreed with Schumer's move, effectively rendering the articles moot and the trial over before House Republicans could present their case. Senate Republicans were also unsuccessful in their effort to pressure vulnerable Democrats to back their push for a longer trial. Greene forced her colleagues to vote on moving forward with Mayorkas' impeachment last November.
Persons: , Alejandro Mayorkas —, Marjorie Taylor Greene, Sen, Lisa Murkowski, Mitt Romney, he's, Chuck Schumer, Schumer's, Schumer, Eric Schmitt, Ted Cruz, Mitch McConnell, Jon Tester, Montana, Mayorkas, Mike Gallagher, Wisconsin —, Joe Biden's, Donald Trump, Greene, Mark Green of Organizations: Service, of Homeland, House Republicans, Business, Senators, Missouri Republican, Republicans, Texas Republican, Senate, GOP, White House, Homeland, Democrats, House Homeland Security, Homeland Security Locations: Marjorie Taylor Greene of Georgia, Alaska, Utah, Missouri, Texas, Wisconsin, Southern, Mark Green of Tennessee
The Biden administration is expected to deny permission for a mining company to build a 211-mile industrial road through fragile Alaskan wilderness, handing a victory to environmentalists in an election year when the president wants to underscore his credentials as a climate leader and conservationist. A formal denial of the project would come later this year, they said. The road was essential to reach what is estimated to be a $7.5 billion copper deposit buried under ecologically sensitive land. There are currently no mines in the area and no requests for permits have been filed with the government; the road was a first step. Blocking the industrial road would be an enormous victory for opponents who have argued for years that it would threaten wildlife as well as Alaska Native tribes that rely on hunting and fishing.
Persons: Biden Organizations: Interior Department Locations: Ambler, Alaska
CNN —Courtney Love has a new radio show about women in music, but she is not much of a fan of several of the biggest female artists of our time. But some contemporary artists, including Taylor Swift, are not to Love’s liking. “Taylor is not important,” Love said of Swift. “She might be a safe space for girls, and she’s probably the Madonna of now, but she’s not interesting as an artist.”Love used to be an admirer of Lana Del Rey’s music but that changed. “I haven’t liked Lana since she covered a John Denver song, and I think she should really take seven years off.” Love said.
Persons: CNN — Courtney Love, “ Courtney Love’s, Patti Smith, Nina Simone, PJ Harvey, Debbie Harry, Julie London, Joni Mitchell, Taylor Swift, “ Taylor, ” Love, Swift, she’s, , Lana Del Rey’s, Lana, John Denver, , Madonna, , Susan, Organizations: CNN, BBC Radio, Spotify Locations: London, New York
U.S. stock futures ticked higher on Tuesday night after the S&P 500 notched its third straight day of losses. Futures tied to the S&P 500 rose by 0.1%, while Nasdaq 100 futures gained 0.2%. The Dow ended Tuesday's trading session higher by 0.17%, breaking a six-day losing streak. The S&P 500 fell 0.21%, while the Nasdaq Composite slipped 0.12%. Mayfield sees equities trading mostly range-bound in the near term, with an exception being if any geopolitical event spikes oil prices even higher.
Persons: Dow, Jerome Powell, Ross Mayfield, Baird, Powell Organizations: New York Stock Exchange, Nasdaq, Dow Jones Industrial, United Airlines, Hunt Transport Services, UnitedHealth, Federal Reserve, CNBC, U.S . Bancorp Locations: U.S
After meticulously studying the video, Lee concluded that Higgins had consumed 11 drinks, and was seen on camera to have stumbled. Lee said Lehrmann “knew she was drinking excessively.”Lee also accepted the evidence of a colleague who saw Lehrmann and Higgins engage in a passionate kiss at the bar, though both Lehrmann and Higgins had denied kissing. Higgins left Parliament House alone after a couple of hours and didn’t immediately file a case with police. Videos posted by journalists online Monday showed Lehrmann leaving court and declining to answer multiple questions shouted at him by reporters. Outside the court, Network Ten journalist Wilkinson told reporters she sincerely hoped the judgment “gives strength to women around the country.”
Persons: Australia CNN —, Brittany Higgins, Bruce Lehrmann, “ Mr Lehrmann, Miss Higgins, , Michael Lee, Higgins, Lehrmann, Lisa Wilkinson, Wilkinson, Lee, “ I’m, , Mr Lehrmann, Don Arnold, ” Lee, Lehrmann “, Lehmann, Lee didn’t, Lee’s Organizations: Australia CNN, YouTube, Federal Court, CNN, Getty, House, Network Locations: Brisbane, Australia, Sydney, Lehrmann’s, Canberra
"Everybody looks to United as the bellwether of all of health-care services. This will be different," said Lisa Gill, managing director and health care analyst at JPMorgan. The data breach at the Change Healthcare unit forced the firm to take down its massive billing and payment processing service. While the company has restored services for pharmacies, the outage has continued to disrupt operations for health-care providers across the country. Larger providers, such as home infusion services firm Option Care Health , have also warned that the outage could impact their quarterly results.
Persons: UnitedHealth Group's, Lisa Gill, Scott Fidel, UnitedHealth, they'd, James Allred, he's, Allred Organizations: JPMorgan, Healthcare, Optum, OptumRx, Stephens, American Medical Association, Aesthetics, Care Locations: Nashville
Berlin CNN —Germany should overturn its 150-year old ban on abortions and make terminations legal within the first 12 weeks of pregnancy, a government-appointed panel of experts said on Monday. The procedure is de-criminalized up to 12 weeks of pregnancy, but anyone seeking a termination must attend a compulsory counselling session followed by a mandatory three-day waiting period. After 12 weeks, abortions are only allowed in exceptional circumstances, such as if the pregnancy or birth poses a risk to the mother’s physical or mental health. “(The commission’s) recommendations provide a good basis for the open and fact-based conversation that is now necessary,” German Minister for Family Affairs Lisa Paus said in a statement on Monday. The proposals from Prime Minister Donald Tusk’s party would legalize abortion up to 12 weeks, a move more in line with some Western European countries.
Persons: Liane Woerner, , Lisa Paus, Karl Lauterbach, , Donald Tusk’s, Andrzej Duda, Roe, Wade Organizations: Berlin CNN —, Reproductive, Social Democratic Party, SPD, Greens, Free Democrats, University of Constance, German Federal Statistical Office, Christian Democratic Union, Central Committee, Bishops ’ Conference, Family, German, Law, Justice Locations: Berlin CNN — Germany, Germany, France
A slate of major Wall Street firms has begun coverage of Reddit – and some of them see the stock's gains moderating from here. He rated the company neutral and gave it a price target of $47, anticipating 11% upside from Friday. Sheridan's 12-month price target of $40 was one of the lowest on Wall Street and implies that shares could slide 5% from here. Morgan Stanley had a slightly more optimistic price target of $45, corresponding to a roughly 6.5% gain. Citi analyst Ronald Josey's price target of $53 — which forecasts 25% upside — is among one of the highest on the Street.
Persons: Reddit, Doug Anmuth, JPMorgan's Anmuth, Goldman Sachs, Morgan Stanley, Goldman, Eric Sheridan, Brian Nowak, Ronald, Josey, Benjamin Black Organizations: Bank of America, Citi, Deutsche Bank
The community is devastated in the knowledge of their loss.”Police said Monday they had concluded their examinations of the shopping mall and the crime scene was being handed back to Westfield. More than 100 pieces of evidence were removed and will be forensically examined as part of the investigation, said Yasmin Catley, New South Wales Minister for Police. A woman cries as she comes out of the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. People react outside the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. The number of women killed by violence in Australia has ranged between 43 and 84 each year since Counting Dead Women began tallying deaths in 2012.
Persons: Joel Cauchi, Health Ryan, Cauchi, Karen Webb, , ” Webb, , Lisa Maree Williams, Chris Minns, ” Minn, Yasmin Catley, David Gray, Baby, , Ashlee Good, Good, Health Park, Ashlee, Faraz Tahir, ” Tahir, Adnan Qadir, Tahir, Anthony Albanese, KIIS, Yixuan Cheng, , undoubtably, Amy Scott, Scott, Webb, Amy, she’s, Roger Lowe, David GRAY, Lowe, New South Wales Premier Minns, Arthur Organizations: CNN, New South Wales ’, Health, New South Wales Police, ABC, ” Police, Getty, Police, Westfield, New South Wales Minister, , “ Staff, Ahmadiyya Muslim Community of Australia, Australian, Embassy, Australia’s, Queensland Police, New South Wales Police Force, Queensland Police Service, New South Wales Premier, Minn Locations: Sydney’s, Bondi, Westfield, New South, New, Bondi Junction, Australia, Queensland, Sydney, AFP, Pakistan
When former President Donald J. Trump goes on trial on Monday in Manhattan, President Biden and his allies are not likely to say much. The media coverage will be constant, especially if Mr. Trump takes the stand, which he has floated as a possibility. Mr. Biden and his campaign have said nothing publicly about the criminal indictments against Mr. Trump, worried about improperly influencing the cases or stoking Mr. Trump’s repeated allegations — made without evidence — that Mr. Biden has engineered the charges. Many of the deep-pocketed outside Democratic groups supporting the Biden campaign are charting a similar path. When Mr. Trump goes on trial on Monday, he will be the first U.S. president to face criminal prosecution.
Persons: Donald J, Trump, Biden, Trump’s, , Alvin Bragg, , , Steve Schale, ” Mr, Stormy Daniels, Brandon Weathersby, He’ll, Biden won’t, they’re, Donald Trump, Suzan DelBene, ” Lisa Lerer, Ruth Igielnik, Michael Gold Organizations: White, Mr, Democratic, Biden, PAC, New York Times, Siena College, Philadelphia, Republican Party, House Democrats Locations: Manhattan, Michigan , Pennsylvania, Wisconsin, Pennsylvania, Scranton, Pa, Pittsburgh, Washington
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