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☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ A photo of a bloodied Trump raising his fist after being shot has already become the defining image of his reelection bid
▼ + stars: | 2024-07-14 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

A photograph of President Donald Trump raising his fist in defiance after he was shot at his rally in Pennsylvania on Saturday has already become the most iconic image of his reelection among Republicans. Donald Trump Jr. posted the image on X with the caption, "He'll never stop fighting to Save America." Related storiesFlorida Senator Marco Rubio shared both of their posts, before sharing the photo again with the caption, "God protected President Trump." Former Republican presidential candidate Vivek Ramaswamy echoed his sentiments, sharing the photo with a similar caption: "Grateful to President Trump for his sacrifice. "We learned one very important thing tonight — President Donald Trump is willing to die for this country.

Persons: Donald Trump, Evan Vucci, Donald Trump Jr, He'll, Eric Trump, Marco Rubio, Trump, Vivek Ramaswamy, Candace Owens, Donald J Trump, Blake Masters, Shakeel Jahangir, Willing, Benny Johnson, Elon Musk, Joe Biden, Kamala Harris Organizations: Republicans, Associated Press, Trump, Secret Service, Business, Save, America, Republican, Conservative, Venture, Christians Union, America Christian, Democratic Locations: Pennsylvania, Florida, United States

☆ How a bad year for college financial aid is shaping these students' futures
▼ + stars: | 2024-07-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +6 min

However, with a sticker price of nearly $80,000 per year, including tuition, fees, and room and board, Montiel-García, like many college hopefuls, needed financial aid to bring the cost down. Because of problems with the new form, financial aid award letters were delayed and some high school seniors, like Montiel-García, had trouble applying for any aid at all. In previous years, financial aid award letters were sent out at about the same time as admission letters, meaning students had several weeks to compare offers ahead of National College Decision Day, the deadline for most admitted students to decide on a college. Because of the extensive delays this year, some students won't get their final financial aid award letter until the end of August, the U.S. Department of Education said in a recent update. The high school graduate from Riverdale Park, Maryland, secured enough additional funding from the Maryland College Aid Processing System to afford his top choice school: Towson University.

Persons: Ramon Montiel, García Ramon Montiel, Montiel, García, —, NCAN, Laura Ipsen, Eric Greenberg, Andrea Garcia, Garcia, Emory doesn't, Mark Kantrowitz, Greenberg, mani Murphy, Murphy Organizations: KIPP, Denver Leadership Academy, Colorado ., KIPP Northeast Denver Leadership Academy, Wheaton College, Federal Student Aid, Wheaton, University of Colorado, National College, Greenberg Educational Group, U.S . Department of Education, Emory University, Education Department, Riverdale, Maryland College, Towson University Locations: García, Colorado, Massachusetts, U.S, Montiel, Denver, New York, Atlanta, Ky, Riverdale Park , Maryland, Towson

☆ What dismissal of ‘Rust’ case against Alec Baldwin could mean for convicted film armorer Hannah Gutierrez-Reed
▼ + stars: | 2024-07-14 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +6 min

CNN —The dramatic dismissal of the involuntary manslaughter case against actor Alec Baldwin over withheld evidence could mean the release of convicted “Rust” movie armorer Hannah Gutierrez Reed from a New Mexico state prison, legal experts say. But the Baldwin case imploded on Friday – just two days after the trial began – with the sudden and shocking twists and turns of a nail-biting legal thriller. “I fully expect Hannah Gutierrez Reed to make the same argument for her conviction to be overturned,” Neama Rahmani, a former federal prosecutor, told CNN. Her ruling regarding the failure to disclose the ammunition should carry significant weight in the Gutierrez Reed case, CNN legal analyst Joey Jackson said. Hannah Gutierrez Reed will go free as well.

Persons: Alec Baldwin, “ Rust, armorer Hannah Gutierrez Reed, Hannah Gutierrez Reed, Halyna Hutchins, Baldwin, Alec Baldwin’s, Hannah Gutierrez, ”, Duncan Levin, Gutierrez Reed’s, “, Neama, wasn’t, exonerates Gutierrez Reed, Troy Teske, Marissa Poppell, Poppell, Brady, Mary Marlowe Sommer, ” Marlowe Sommer, “ Hunt, –, Hilaria, Hutchins, Joel Souza, Jason Bowles, Hannah’s, ” Bowles, Sommer, Gutierrez Reed, Joey Jackson, ” Jackson, don’t, It’s, Alec Baldwin who’s, ” CNN’s John Campbell, Cheri Mossberg, Julia Vargas Jones, Jack Hannah, Eric Levenson Organizations: CNN, Cornell Law School Locations: New Mexico, York, Santa Fe, . Maryland

☆ Live Updates: Authorities Find Explosives in Car of Gunman Killed in Assassination Attempt on Trump
▼ + stars: | 2024-07-14 | by ( Michael D. Shear | Mike Ives | ) www.nytimes.com time to read: +11 min

“I will Never Surrender!” Mr. Trump wrote in a text message to supporters. And Mr. Trump is preparing to name his running mate and formally claim his party’s nomination for the third consecutive election. Vance of Ohio, who is on the shortlist of candidates that Mr. Trump is considering as a running mate, wrote on X. “An assassination attempt is contrary to everything we stand for as a nation,” Mr. Biden said. Mr. Trump had assured Malphine Fogel, who lives in Butler County, that he would help get her son home.

Persons: Donald J, Trump’s, Trump, Biden’s, Biden, ”, Mr, “, Susie Wiles, Chris LaCivita, LaCivita, Doug Mills, Ronald Reagan, Melania Trump, Douglas Brinkley, Butler, ” Mr, Brinkley, “ Trump, Dan Crenshaw, Lara Trump, Kenny Holston, Donald Trump, J.D, Vance of Ohio, Lester Holt, Pramila Jayapal, Eric Lee, Nancy Pelosi, Gabby Giffords, Steve Scalise, “ It’s, Scalise, Mike Johnson, ” “ We’ve, Johnson, Christine Toretti, committeewoman, gee, Ms, Toretti, Malphine Fogel, Mike Kelly, ” Reid J, Epstein, Lisa Lerer Organizations: White, Republican National Convention, Trump, Washington, Republicans, New York Times, Rice University, ”, Republican, Republican National Committee, Trump . Federal, NBC, Congressional Progressive Caucus, Mr, Capitol, Arizona Democrat, Fox News, Louisiana Republican, Homeland Security, Pennsylvania Republican Locations: Pennsylvania, Delaware, New Jersey, Milwaukee, West Palm Beach, “ America, Butler , Pennsylvania, Texas, Trump ., America, Washington, San Francisco, Arizona, Louisiana, Butler County

☆ Here are the Trump megadonors, VP hopefuls and celebrities headlining the Republican National Convention
▼ + stars: | 2024-07-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Former US President and Republican presidential candidate Donald Trump speaks during a rally in Doral, Florida, on July 9, 2024. Various Trump megadonors are also on the RNC lineup including venture capitalist David Sacks and investors Steve and Zach Witkoff. In total, the RNC will have over 80 speakers rallying support around Trump before the convention culminates in officially designating him the Republican presidential nominee. Notably missing from the RNC speaker list is former First Lady Melania Trump, as well as Trump's daughter and former White House advisor Ivanka Trump. Melania has so far been conspicuously absent from the Trump campaign trail, drawing mockery from President Joe Biden.

Persons: Donald Trump, Trump, frontrunners, frontrunners — Sens, JD Vance, Marco Rubio, Doug Burgum —, Sen, Tim Scott, Vivek Ramaswamy, David Sacks, Steve, Zach Witkoff, Mike Johnson, Tucker Carlson, Amber Rose, Melania Trump, White, Ivanka Trump, Melania, Joe Biden, Eric Trump, Lara Trump Organizations: Republican, Republican National Convention, Capitol Hill, frontrunners —, North Dakota Gov, GOP, RNC, Trump, Senate, Conservative, Republican Party Locations: Doral , Florida, R, Ohio, Savannah, Milwaukee

☆ 'Barbie' and 'Doctor Who' star Ncuti Gatwa says he has to 'fight' to protect his mental and physical health
▼ + stars: | 2024-07-13 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Read previewNcuti Gatwa has had a busy year between starring in "Barbie" and taking on the lead role in "Doctor Who." But with success comes pressure, and the actor told Business Insider he has to "fight" to protect his physical and mental health as his star continues to rise. This story is available exclusively to Business Insider subscribers. Last winter, Gatwa took the reigns as the new lead of "Doctor Who," the longest-running sci-fi series of all time. Ncuti Gatwa plays the 15th Doctor on "Doctor Who."

Persons: —, Who, David Harbour, Jonathan Bailey, Jenna Ortega, Gatwa, Eric Effiong, Ken, Ryan Gosling, Barbie, Ncuti Gatwa, David Copperfield, I've, he's, Kens, Gosling, Greta Gerwig, Greta, Margaret Organizations: Service, Netflix, Business, BBC

Here’s what led to the dismissal in the Baldwin case. Judge Mary Marlowe Sommer presides over actor Alec Baldwin's trial on involuntary manslaughter in First Judicial District Court on July 12, 2024 in Santa Fe, New Mexico. The items, however, were cataloged separately from Baldwin’s case, excluded from the “Rust” case inventory and not tested to see if they matched the lethal round, according to Poppell’s testimony. Attorney Luke Nikas embraces actor Alec Baldwin during his trial on involuntary manslaughter at Santa Fe County District Court in Santa Fe, New Mexico, on July 12, 2024. Dismissal with prejudice is warranted to ensure the integrity of the judicial system and the efficient administration of justice.”Gutierrez-Reed’s attorney, Jason Bowles, said he will move to dismiss her case following Baldwin’s case dismissal.

Persons: Alec, ”, Mary Marlowe Sommer, Baldwin, Hilaria, Halyna Hutchins, “, Hutchins, “ Rust, Joel Souza, Seth Kenney, – Erlinda Johnson –, Marlowe Sommer, Kari Morrissey, Alex Spiro, ” Morrissey, Judge Mary Marlowe Sommer, Alec Baldwin's, Ramsay de, Baldwin’s, Brady, Marissa Poppell, Troy Teske, Gutierrez, Teske, ” Marlowe Sommer, Luke Nikas, Alec Baldwin, ” Gutierrez, Jason Bowles, ” Bowles, CNN’s Julia Vargas Jones Organizations: CNN, Images Defense, Cornell Law School, Office, Court, Getty, State Locations: New Mexico, Mexico, Judicial, Santa Fe , New Mexico, . Maryland, Santa Fe, Santa Fe County

Shooting at a Trump Rally in Pennsylvania: Diagrams, Maps and PhotosThe Associated Press; Photograph By Doug Mills/The New York TimesFormer President Donald J. Trump was whisked off the stage at his rally in Pennsylvania on Saturday after an armed person fired shots toward the area where he was speaking. The New York TimesThe rally took place on the grounds of the Butler Farm Show in Western Pennsylvania, about 35 miles outside of Pittsburgh. In a statement, a spokesman for the Secret Service said that one spectator at the rally was killed and two were critically injured. The suspected shooter was killed by the Secret Service, according to three people who had been briefed on the matter. Eric Lee/The New York TimesFollow live Times coverage of the shooting here.

Persons: Doug Mills, Donald J, Trump, Witnesses, Eric Lee Organizations: Trump, Press, New York Times, Secret Service, Secret Locations: Pennsylvania, Western Pennsylvania, Pittsburgh

☆ Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +7 min

The most bullish S&P 500 price target is 6,000 from Evercore ISI, which represents a gain of about 7%. While the average year-end S&P 500 price target is 5,429, according to data from Bloomberg, the median year-end price target is 5,600. Yardeni Research: S&P 500 price target of 5,800Yardeni Research raised its year-end S&P 500 price target to 5,800 from 5,400 this week. Goldman Sachs: S&P 500 price target of 5,600Goldman Sachs strategist David Kostin boosted his S&P 500 price target to 5,600 from 5,200 last month. UBS: S&P 500 price target of 5,600UBS raised its S&P 500 price target to 5,600 from 5,400 in May, and that's after the bank raised its price target in February.

Persons: —, Julian Emanuel, Emanuel, they're, Oppenheimer, John Stoltzfus, Stoltzfus, Eric Wallerstein, Wallerstein, Ned Davis, Ed Clissold, Goldman Sachs, David Kostin, Kostin, Jonathan Golub Organizations: Wall, ISI, Service, Bloomberg, CNBC, Security, Yardeni, Research, Federal Reserve, Ned Davis Research, UBS, Chicago, & $ Locations: bearish

☆ Rudy Giuliani scores rare legal win as judge dismisses bankruptcy case — but a countdown timer is ticking
▼ + stars: | 2024-07-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewThe judge overseeing Rudy Giuliani's bankruptcy granted him a rare legal win. But there's a catch: Giuliani isn't allowed to file for bankruptcy again over the next 12 months. AdvertisementOver the past few months, Giuliani has filed inconsistent financial statements and appeared to squirrel away streams of income, his creditors have complained. AdvertisementThe draft order provided by Giuliani's legal team included a line that would forbid the 80-year-old from filing for bankruptcy again for one year. But the legal team representing the so-called "unsecured creditors" — including Dominion Voting Systems and Dunphy — objected to dismissing the bankruptcy case.

Persons: —, Rudy Giuliani's, Giuliani, Noelle Dunphy, Ruby Freeman, Wandrea Moss, Sean H, Lane, we've, — Giuliani, Freeman, Moss, Eric J, Snyder, Wilk Auslander, Dunphy, Dunphy —, Rudy Giuliani, Donald Trump, Chip Somodevilla, Dunphy's, Justin Kelton Organizations: Service, New, New York City, Business, of, Wilk, Dominion Voting Systems Locations: New York, Washington, DC, Georgia, Manhattan, Florida, of New York, Washington ,, Arizona

☆ These are top global stock picks for the second half, according to UBS
▼ + stars: | 2024-07-12 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

The outlook for stocks is becoming more favorable as inflation slows and the Federal Reserve looks to cut interest rates by yearend, according to UBS. Against that backdrop, UBS thinks investors should maintain a neutral view and remain strategic in their stock allocations. Here are some of the stocks on the UBS list: One of the stocks added to the list was San Diego-based, medical device maker Dexcom . Despite growth in the continuous glucose monitoring (CGM) segment of the diabetes market over the past few years, the sizable diabetes market has a "relatively low" penetration rate, according to UBS. "We expect DXCM to remain a leading player within the very concentrated CGM market."

Persons: Eric Potoker, that's, Ralph Lauren Organizations: Federal, yearend, UBS, San, MGM Resorts, Super, Las Vegas, Samsung Locations: Swiss, San Diego, Las Vegas, Las

☆ How AT&T customers can protect themselves in the latest data breach
▼ + stars: | 2024-07-12 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —If you were an AT&T cellphone customer in 2022, your call data was possibly breached to bad actors. AT&T said Friday that data was breached from “nearly all” of its cellular customers and the customers of wireless providers that used its network between May 1, 2022, and October 31, 2022. The records of a “very small number” of customers from January 2, 2023, were also breached, AT&T said. What they did get is metadata — call logs that contain a record of every number AT&T customers called or texted (including customers of other wireless networks), the number of times they interacted and the call duration. The age of artificial intelligence makes this even more pressing, according to Collin Walke, cybersecurity and data privacy partner at Hall Estill.

Persons: ”, John Dwyer, Collin Walke, ” Walke, Walke, Dwyer, ” Dwyer, ” Eric Noonan, CyberSheath, CNN’s Matt Egan, Sean Lyngaas Organizations: New, New York CNN, Bank of America, Binary Defense, Hall Locations: New York, “, —

☆ 10 historical photos that capture turning points of gay liberation in America
▼ + stars: | 2024-07-12 | by ( Myron Caringal | ) www.businessinsider.com time to read: +1 min

Jim Obergefell, the named plaintiff in the Obergefell v. Hodges Supreme Court case that legalized same sex marriage nationwide. Eric Gay / AP PhotoOn June 26, 2003, same-sex sexual activity was legalized in Lawrence v. Texas. The Supreme Court of the United States held that criminalizing consensual, same-sex sexual conduct violates the due process clause of the 14th Amendment. On June 26, 2015, exactly 12 years after Lawrence v. Texas, the United States Supreme Court ruled that same-sex marriages are recognized under the 14th Amendment in the Obergefell v. Hodges case. More recently, on June 28, the Texas Supreme Court upheld its 2023 ruling that bans transgender minors from receiving gender-affirming medical care.

Persons: Jim Obergefell, Hodges, Eric Gay, Barack Obama, Bill Clinton's, Lawrence, Momo Takahashi Organizations: Lawrence v . Texas, . Texas, United States Supreme Locations: Lawrence v ., United States, ., Texas

☆ Bronze Age-style ship sails the Persian Gulf 4,000 years after it was designed
▼ + stars: | 2024-07-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

CNN —Writings on an ancient clay tablet have allowed experts to reconstruct a Bronze Age ship made of reeds and sail it on a maiden voyage off the coast of Abu Dhabi, United Arab Emirates. It is the world’s largest reconstruction of a Bronze Age Magan boat, according to the team. The research project’s goals were to uncover ancient craftsmanship techniques, determine the connections between Bronze Age societies and better understand the role Abu Dhabi once played in Bronze Age trade. After passing five days of trials, the ship sailed toward Saadiyat Island off the coast of Abu Dhabi and the open sea on March 2 and 3. “Seeing the Magan Boat sail on the water for the first time actually took my breath away and brought tears to my eyes.”

Persons: Magan, “, ”, Eric Staples, Abu Dhabi, Emily Harris, Umm, Robert B, Jackson, ” Jackson, Peter Magee, Marwan Abdullah Al, Marzouqi, ” Marzouqi, Abdallah Alremaithi, Ayesha Almansoori, Tayla Clelland, Mohamed Khalifa Al Mubarak, ” Clelland Organizations: CNN, United, United Arab Emirates, Zayed University, Zayed National Museum, Zayed National Museum , New York University, British Museum, ., Department of Culture Locations: Abu Dhabi, United Arab, Persian, UAE, Oman, Mesopotamia, Iraq, Pakistan, India, Zayed National Museum ,, Zayed National Museum , New York University Abu Dhabi, Umm, South Asia, Girsu, what’s, Saadiyat, Tourism, “

StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at least $16.5 billion. The company has been working with JPMorgan and Goldman Sachs over the past two years on the IPO, CNBC previously reported. If StubHub does enter the public market, it will trade alongside competitors Vivid Seats and Live Nation. Vivid Seats has a market cap of $1.5 billion and Live Nation is valued at just under $23 billion.

Persons: StubHub, haven't, Goldman Sachs, Eric Baker, SeatGeek, Wells Fargo, Morgan Stanley, Taylor Organizations: Labor, JPMorgan, CNBC, eBay, Bloomberg, Citigroup, Wells, Vivid Locations: San Francisco

☆ The End of the Affair? Not for Eric Schmidt.
▼ + stars: | 2024-07-12 | by ( John Carreyrou | ) www.nytimes.com time to read: +1 min

When Eric Schmidt was the chief executive of Google in the mid-2000s, he dated Marcy Simon, a New York-based public relations executive. Mr. Schmidt and Ms. Simon were seen together on the French Riviera, at tech conferences and on Fire Island, where she owned a beach house. When a large yellow diamond ring was spotted on Ms. Simon’s finger, some speculated in the media that Mr. Schmidt might divorce his wife and marry Ms. Simon. But Mr. Schmidt moved on to other girlfriends. There have been contracts, amended contracts, arbitrations, lawsuits and the platoon of advisers that inevitably go along with all that.

Persons: Eric Schmidt, Marcy Simon, Schmidt, Simon, Ms Organizations: Google Locations: New York

☆ High inflation is largely not Biden's or Trump's fault, economists say
▼ + stars: | 2024-07-11 | by ( Greg Iacurci | ) www.cnbc.com time to read: +7 min

The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. That Biden is seen as stoking high inflation is due somewhat to optics: he took office in early 2021, around the time inflation spiked notably, economists said. "In my view, neither Trump nor Biden is to blame for the high inflation," said Mark Zandi, chief economist at Moody's Analytics. At a high level, hot inflation is largely an issue of mismatched supply and demand. For example, Trump imposed tariffs on imported steel, aluminum and several goods from China, which Biden largely kept intact.

Persons: Joe Biden, Donald Trump, Justin Sullivan, Trump, Biden, David Wessel, Mark Zandi, Wu Shaoyang, Wessel, Zandi, Stephen Brown, Eric Baradat, —, Michael Strain, Strain, Jerome Powell, Olivier Douliery Organizations: CNN, Getty, Federal Reserve, Biden, Trump, Hutchins, Brookings Institution, Moody's, Qingdao Port, International Monetary Fund, North, Capital Economics, American, Afp, American Enterprise Institute, Federal, . Federal Locations: Atlanta, U.S, Ukraine, Qingdao, Shandong Province, China, North America, Washington, It's

☆ Here's why the cooler consumer inflation we wanted flipped the stock market on its head
▼ + stars: | 2024-07-11 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

It also gave investors the green light to rotate out of this year's tech winners and into rate-sensitive stocks. In other words, we're right back to the market expecting as many as three cuts by the end of the year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer, toolmaker Stanley Black, Decker, Jim, Price, That's, We've, we've, Jim Cramer's, Eric Thayer Organizations: Federal Reserve, CNBC, PPI, Walmart, Costco, PepsiCo, CPI, U.S, Nasdaq, Jim Cramer's Charitable, Aldi, Bloomberg, Getty Locations: Alhambra , California

☆ Tractor Supply warned climate change and a lack of diversity would hurt business. Now it’s ignoring those risks
▼ + stars: | 2024-07-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Hal Lawton, the chief executive of the Brentwood, Tennessee-based company, had said these initiatives “make great business sense for Tractor Supply.”But Tractor Supply has decided that all of those risks are now worth ignoring. By walking away from diversity and climate goals, Tractor Supply has become the latest corporate giant to retreat from progressive initiatives it once promoted, joining Bud Light, Target and others. Tractor Supply declined to comment on these statements. Tractor Supply’s customer base has historically been primarily older men, who lean Republican, but Tractor Supply has increasingly tried to draw Millennials and women, who tend to favor Democrats. Tractor Supply’s reversal could hurt it with these customers, who could be crucial as the company’s historic base ages out of the market.

Persons: Hal Lawton, Bud, ”, Nooshin Warren, “ They’re, ” John Boyd, Steve Helber, Robby Starbuck, “, It’s, ” Boyd, Donald Trump, Joe Biden, ” Lawton, ” Eric Bloem, George Floyd, Bill Ackman, Elon Musk, They’ve, Chick, Bud Light, Jeff Chiu, Bud Light’s, influencer Dylan Mulvaney, CNN’s Eva Rothenberg Organizations: New, New York CNN, Tractor Supply, Supply, Human Rights, Bud Light, University of Arizona, National Black Farmers Association, AP Tractor Supply, Human, Tennessee’s, Congressional District, ”, Black Farmers Association, CNN, “, Tractor, Republican, Pew, Democratic, Disney, Nike, Anheuser, Busch InBev, Target Locations: New York, Brentwood , Tennessee, United States, America, Minneapolis

☆ The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
▼ + stars: | 2024-07-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

"We've had a tremendous amount of interest [from private equity firms], and we believe this could make sense for us in a limited fashion, probably no more than 10% of a team. The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. "I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." Private equity incentives around reaching investment targets and exit thresholds could alter the motivations for ownership in ways that make the bigger sports leagues uncomfortable. Private equity firms, tasked with finding investment vehicles to make returns on their assets under management, may be better suited to minority ownership.

Persons: Roger Goodell, Goodell, CNBC's Julia Boorstin, We've, Josh Harris, Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, They're, Ted Leonsis, You'll Organizations: National Football League, Allen & Company Sun Valley, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, NFL, Allen & Co, Sun Valley Conference, CNBC, Apollo Global Management, Washington, Summit, Washington , D.C, NBA, Blackstone Group, Philadelphia 76ers, New Jersey Devils, Women's Soccer League, Washington Capitals, Wizards, Mystics, ESPN Locations: Sun Valley , Idaho, Washington ,

☆ Pentagon to Dismantle Temporary Pier Built for Gaza Aid Operation
▼ + stars: | 2024-07-11 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The Biden administration will soon permanently shut down the star-crossed $230 million temporary pier that the U.S. military built to rush humanitarian aid to Gaza, American officials said on Thursday. “I do anticipate that in relatively short order, we will wind down pier operations,” Jake Sullivan, President Biden’s national security adviser, told reporters. On Wednesday, personnel from the military’s Central Command attempted and failed to reattach the makeshift pier to the beach in Gaza after rough seas forced operators to remove the structure several days ago to avoid damage, the Pentagon said. In a statement, Maj. Gen. Patrick S. Ryder, the Pentagon press secretary, said the latest effort to re-anchor the pier failed because of “technical and weather-related issues,” recurring problems that The New York Times identified last month when it reported that military officials had warned aid organizations that the project could be dismantled as early as July.

Persons: Biden, “, ” Jake Sullivan, Patrick S, Ryder Organizations: ., military’s Central Command, Pentagon, New York Times Locations: Gaza

☆ NATO’s Pledges to Ukraine Fall Short for a Counteroffensive This Year
▼ + stars: | 2024-07-11 | by ( Lara Jakes | Eric Schmitt | ) www.nytimes.com time to read: +1 min

Despite billions of dollars in additional weapons and security assistance that NATO announced this week, allied officials said Ukraine would not be ready to launch a dramatic counteroffensive or retake large swaths of territory from Russia until next year. Donations of missiles, combat vehicles, ammunition and air defenses from the United States and European countries will take weeks, if not months, to reach the front lines. Some of the newly committed weapons have not yet been bought or built. Secretary of State Antony J. Blinken said long-anticipated F-16s fighter jets would be delivered to Ukraine this summer. “This is a huge disappointment for me personally, because Ukrainians are expecting that those goods will come, this military equipment will reach Ukraine, but it’s not happening.”

Persons: Antony J, Blinken, “, Gitanas Nauseda, ” Organizations: NATO Locations: Ukraine, Russia, United States, Washington, Lithuania

☆ The S&P 500 hasn't been this overbought since late 2023 — signaling trouble ahead
▼ + stars: | 2024-07-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The S & P 500's 14-day relative strength index, or RSI, closed above 81 on Wednesday. This coincided with the S & P 500 closing above 5,600 for the first time. The S & P 500 has closed with an RSI above 81 only 12 other times in the past 40 years, Cantor head of equity derivatives Eric Johnston pointed out. After entering such overbought conditions, the S & P 500 has averaged a decline of 2.21% in the following 15 days, Johnston's data shows. Traders took some profits off the table on Thursday, with the S & P 500 losing 0.9%, pulling back from the all-time highs reached in the previous session.

Persons: Cantor Fitzgerald, Cantor, Eric Johnston Organizations: Traders

A film director also was wounded when a gun held by Baldwin fired a live round during a scene rehearsal at the Bonanza Creek Ranch, a movie set outside Santa Fe. Special prosecutors intend to portray Baldwin as repeatedly flouting safety protocols on the movie set in the days before the fatal shooting, according to a court filing last month. Baldwin has previously stated to CNN that he did not pull the trigger during the fatal shooting, though he said he did cock the hammer of the gun. “I never took a gun and pointed at somebody and clicked the thing,” Baldwin said in the 2022 interview. Keep reading about the background and what’s expected at the trial here.

Persons: Alec Baldwin, Halyna Hutchins, ” Baldwin, Baldwin, “ Organizations: CNN Locations: Mexico, Santa Fe

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