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☆ South Sudan is on the rise at the Olympics, just as Luol Deng envisioned it
▼ + stars: | 2024-08-01 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +12 min

And that’s way bigger than wins and losses.”Really cool scene outside the arena after USA vs. South Sudan. Back on July 20, in London, South Sudan came within a couple possessions late of upsetting America in an exhibition. In the 11 days since the near upset of the century, South Sudan was searched an estimated 152,000 times. Then, in the country’s Olympics debut, South Sudan beat Puerto Rico to make national history. “There’s a lot of jokes in the media, a lot of people saying certain things about South Sudan.

Persons: Stade Pierre Mauroy, Kang JJ, ”, Royal Ivey, “, vFXBNtpx36 — Marcus Thompson II, Deng could’ve, Duke, he’d, Deng, ” Deng, Steve Kerr, it’s, ” Grant, Luol Deng, Nathaniel S, Butler, NBAE, LeBron James, Stephen Curry, Kevin Durant, Nuni Omot, I’ve, Ivey, Deng didn’t, Deng’s, Manute Bol, He’s, who’ve, ” Omot, Sudan’s JT Thor, Sameer Al, Omot, Kuol, Steph Curry, Wenyen Gabriel, Los Angeles, Anthony Davis, Bam Adebayo, They’re Organizations: Stade, Wec, Sudan didn’t, USA, Milwaukee Bucks, Chicago Bulls, NBA, Athletic, Invest, Team USA, Getty, America, French National Team, Puerto Rico, Sudanese People’s Liberation Movement, Southern, Bulls, United Nations, Food, Kenyan, Sydney Kings, National Basketball League, UNHCR, Los, Los Angeles Laker, Maccabi Tel Locations: D’ASCQ, France, South Sudan, Sudan, USA, Africa, Kenya, London, Puerto, Southern Sudanese, Wau, Egypt, That’s, Eastern Africa, AFP, Ethiopia, Minnesota, Australia, Khartoum, New Hampshire, Maccabi Tel Aviv

☆ Léon Marchand turns himself into a French legend
▼ + stars: | 2024-07-31 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +5 min

La Défense Arena just outside of Paris was full of French tricolore flags and anticipation as home nation fans waited for Léon. Lé-on!” When he appered on the pool deck, a roar went up and then more chants: “Lé-on! I really used that energy from the crowd,” Marchand said after. Marchand swam an incredible 200m breaststroke to sweep the French crowd off its feet. The French crowd roared.

Persons: Frenchman Léon Marchand, Marchand’s, “, Marchand, Milák, Frenchman, Paris Games –, deafening, ” Marchand, Maddie Meyer, ”, Zac Stubblety, Cook, I’m, Bob Bowman, Michael Phelps, ” Bowman, “ Hope, Bowman, he’s, “ He’s Organizations: France CNN, Défense, Paris Games Locations: Nanterre, France, Paris, “, Europe, Tokyo, what’s, Austin , Texas

☆ DuPont's recovery gains speed with another catalyst for the stock still looming
▼ + stars: | 2024-07-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

DuPont's water and protection segment may have seen a year-over-year decline in sales, but what matters most is that revenue was up 8% sequentially. Notably, DuPont's Water Solutions and Tyvek medical packaging businesses in China — an economy that's lately been a thorn in the side of so many companies — helped drive the quarter-over-quarter expansion. While there's been speculation that DuPont's water business is attracting interest from peers, management said the company has not had conversations about an outright sale. The range for operating EBITDA was raised to $3.06 billion to $3.11 billion, up from $2.9 billion to $3.05 billion previously. DuPont's third-quarter guidance of roughly $3.2 billion in sales, $815 million in operating EBITDA and adjusted EPS of $1.03 essentially matched expectations.

Persons: FactSet, EBITDA, DuPont's, Jim Cramer, —, It's, Ed Breen, Breen, DuPont, there's, Jim Cramer's, Jim, Jim Graham Organizations: DuPont, PPG Industries, Club, Devices, Solutions, Federal Reserve, Wall, Electronics, Semi Tech, CNBC, Bloomberg, Getty Locations: China, Asia Pacific

☆ Alphabet and Microsoft defended their AI spending in different ways. Why that matters
▼ + stars: | 2024-07-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Russell, there's, Jerome Powell, Powell, Eaton, Becton Dickinson, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Club, Nvidia, Federal Reserve, Microsoft, Arm Holdings, Qualcomm, Lam Research, Western, eBay, MGM Resorts, ConocoPhillips, Dominion Energy, Air Products, Chemicals, Jim Cramer's Charitable Locations: Hershey, Biogen

☆ Man accused of stabbing author Salman Rushdie is charged with federal terrorism-related counts
▼ + stars: | 2024-07-24 | by ( Nicki Brown | ) edition.cnn.com time to read: +2 min

CNN —The man accused of stabbing author Salman Rushdie was charged with three federal terrorism-related counts, according to a grand jury indictment unsealed Wednesday. Hadi Matar is charged with committing an act of terrorism transcending national boundaries, attempting to provide material support to a foreign terrorist organization and providing material support to terrorists. Matar has already pleaded not guilty to state charges of second-degree attempted murder and second-degree assault in connection with the stabbing. Matar recently rejected a state plea deal that would have tied in a federal terrorism-related charge and reduced his state prison sentence. Matar will appear in federal court at 2 p.m. Wednesday in Buffalo, New York, according to court records.

Persons: Salman Rushdie, Hadi Matar, Rushdie, Matar, “, Matar “, Nathaniel Barone, ” Barone, ”, Ruhollah Khomeini, Prophet Mohammed, Nouran Salahieh Organizations: CNN, Chautauqua Institution Locations: New York, “, United States, Buffalo , New York

☆ Biden Plans to Address the Nation on Wednesday Night
▼ + stars: | 2024-07-23 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden plans to address the nation from the Oval Office on Wednesday night to explain his decision to bow out of the presidential campaign and outline how he wants to use his final six months in office. Mr. Biden is scheduled to return to Washington on Tuesday afternoon for the first time since announcing his withdrawal on social media on Sunday. He spent six days at his vacation house in Rehoboth Beach, Del., recovering from Covid and recalibrating his political future. Mr. Biden has not been seen in public since late Wednesday, when he disembarked from Air Force One at Dover Air Force Base in Delaware looking frail and uncertain. The White House physician said on Monday that after days of treatment with Paxlovid, the president was recovering well and that his symptoms were “almost completely resolved.”

Persons: Biden, Kamala Harris, “ I’m, ” Organizations: Air Force, Dover Air Force Base, White Locations: Washington, Rehoboth Beach, Del, Covid, Delaware

☆ Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla
▼ + stars: | 2024-07-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

What history shows: Data from Bespoke Investment Group shows GM beats earnings expectations 87% of the time. Tesla is set to report earnings after the close. What history shows: Bespoke data shows GM beats earnings expectations 62% of the time. What history shows: Ford earnings exceed estimates nearly 70% of the time, according to Bespoke. This quarter: Earnings for the airline are expected to have fallen more than 10% from the year-earlier period, per LSEG.

Persons: Michael Wayland, Tesla, Elon Musk, Dan Levy, Ben Kallo, Benjamin Black, Jim Farley, Matthew Swanson, Swanson, AAL, Leslie Josephs Organizations: Big Tech, Google, Ford Motor, IBM, General Motors, CNBC, Tuesday, GM, Investment Group, LSEG, Barclays, Energy, Deutsche Bank, Wednesday Ford, Ford, Ford Pro, RBC, Thursday, Airlines, American Airlines, Investors Locations: China

☆ We're buying more of this chipmaker that's been overly punished in the tech sell-off
▼ + stars: | 2024-07-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following the trade, Jim Cramer's Charitable Trust will own 350 shares of AMD, increasing its weighting to 1.63% from 1.4%. There's also been a rotation out of secular growth and AI stocks and into companies that benefit more from future interest rate cuts. And due to this week's sell-off, AMD shares are now trading around their lowest levels since May. 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.

Persons: Jim Cramer's, Wednesday's, Biden, Donald Trump, There's, Let's, It's, We've, Lisa Su, Jim Cramer, Jim Organizations: AMD, Taiwan Semiconductor Manufacturing Company, Republican, CNBC Locations: China, Taiwan

☆ Thailand: Cyanide poisoning likely killed six found dead in Grand Hyatt Erawan hotel, including two US citizens, police say
▼ + stars: | 2024-07-17 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

The grisly discovery was made on Tuesday when staff at the five-star Grand Hyatt Erawan in the Thai capital entered the fifth-floor suite after the guests missed check out by more than 24 hours. Uneaten meals are left on a table in a suite at Bangkok's Grand Hyatt Erawan Hotel, where six people were found dead on July 16, 2024. Rescue teams arrive at the Grand Hyatt Erawan hotel in Bangkok on July 16, 2024. The Grand Hyatt hotel, where the deaths occurred, is located in a bustling tourist area in the heart of Bangkok that’s home to luxury shopping malls and restaurants. Next to the hotel is the Erawan shrine, a famous landmark popular with Buddhist, Hindu and Sikh communities and tourists.

Persons: Grand, Trairong Phiewphan, ” Trairong, Noppasin Poonsawat, “, Noppasin, ” Noppasin, Lauren DeCicca, Matthew Miller, Rangsiwuthaporn Organizations: Thailand CNN, Grand Hyatt Erawan, Police, Hyatt, Hotel, Royal Thai Police, Deputy Metropolitan Police, Rescue, Getty Images Police, US State Department, Reuters, Thai Locations: Bangkok, Thailand, Thai, Bangkok ”

CNN —President Joe Biden tested positive for Covid-19 on Wednesday, disrupting a key campaign event meant to shore up support with Latino voters at a critical juncture in the election. President Joe Biden gives a thumbs-up as he prepares to board Air Force One in Las Vegas on July 17, 2024, after testing positive for Covid-19. A campaign source separately told CNN that the Biden campaign will readjust and do as much as possible remotely. Harris’ husband, second gentleman Doug Emhoff, tested positive for Covid-19 earlier this month – though the vice president tested negative for the virus at the time. The president first tested positive for Covid-19 in July 2022 and suffered a second, so-called rebound case in the days after.

Persons: Joe Biden, Biden, “, ” Biden, ”, Janet Murguía, Covid, Donald Trump, Biden’s Covid, Adam Schiff, Trump, ” “ He’s, ‘ Kamala can’t, ’, Kamala, “ It’s, Kamala Harris, Harris ’, Doug Emhoff, mailaise, Karine Jean, Pierre said, CNN’s Dana Bash, MJ Lee, Eva McKend, Sam Fossum, Katia Hetter, Megan Trimble Organizations: CNN, Air Force, US Centers for Disease Control, Democratic, Las Vegas –, CDC, White, Biden, White House, House Intelligence, Republican National Convention, Democratic Party, Covid Locations: Las Vegas, Delaware, Rehoboth Beach , Delaware, California, Milwaukee, Atlanta, Fayetteville , North Carolina

☆ 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

Learn moreA little over a week after the NBA Finals concluded, the NBA Draft is here in preparation for next season. Below, we've compiled everything you need to know about where to watch the NBA Draft, including US and UK options. Keep reading to learn how to tune in live to the NBA Draft, whether you have cable or want to live stream the event. Where to watch the NBA Draft in the USThe NBA Draft is spread across two days: Wednesday and Thursday. How to watch the NBA Draft from anywhereIf you are traveling away from home during the NBA Draft, you can keep up with your subscriptions using a VPN.

Persons: Donovan Clingan, Purdue Center Zach Edey, Zaccharie Risacher, Alex Sarr, LeBron James, Bronny James, There's, ExpressVPN Organizations: Business, NBA, US, Barclays Center, Atlanta Hawks, UConn, Purdue Center, Los Angeles Lakers, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, Sling, ESPN2, ESPN3, Sky Sports Locations: Brooklyn, Manhattan

☆ Biden’s searing character attacks on Trump may tell a story about his own campaign’s struggles
▼ + stars: | 2024-06-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

With his two impeachments, a criminal conviction and an attempt to overturn the last election, Trump gave Biden plenty to work with. Biden has been road testing his character attacks on Trump for weeks in fundraising events and they’re now increasingly being parroted by campaign officials. Biden seeks to move the goalposts with ads during soccer tournamentThe Biden campaign is now making daily pitches to a significant corner of his coalition showing signs of stress. On Thursday, the Biden campaign turned to Hispanic voters — another key voting bloc where polls suggest he is underperforming. Biden’s character attacks on Trump represent his best attempt to remind Americans of the fateful nature of the choice they will face in November.

Persons: CNN — Joe Biden, Donald Trump, he’s, ”, Trump, Biden, Trump’s, it’s, Biden –, Biden’s, he’d, they’re, Bill Clinton, Hillary Clinton, He’s, Jean Carroll, Mitch Landrieu, “ Joe Biden, ” Landrieu, Manu Raju, ” Jasmine Harris, “, Barack Obama, Lionel Messi Organizations: CNN, Trump, Biden, Black, Copa América, Argentina, NBC Locations: New York, Virginia, America, Black, Central Park , New York, Pennsylvania, Michigan, Wisconsin, Philadelphia, Detroit, Milwaukee, Atlanta, West, Arizona, Nevada, Georgia

☆ Killings show ISIS remains a threat in Syria's desert 5 years after losing its caliphate
▼ + stars: | 2024-06-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

ISIS killed an estimated 84 Syrian soldiers and 44 civilians in central Syria in March, making it the most violent month in the ISIS desert campaign since late 2017. Another four Syrian troops were killed in another desert attack in late April. "Over the past several years, ISIS has been able to make regular attacks in the desert," Landis told Business Insider. AdvertisementLandis noted that the Syrian military is picking up its efforts to attack ISIS in the Homs-Palmyra region. AdvertisementWhile the Syrian military does carry out combing operations in the Homs desert, ISIS remnants are far from Damascus's top priority.

Persons: —, Joshua Landis, Landis, Bashar al, Aron Lund, Lund, Assad, what's, there's Organizations: Service, ISIS, Human Rights, Business, Center for Middle East Studies, University of Oklahoma, Century International, Syrian Democratic Forces Locations: United Kingdom, Homs, Syria, Iraq, Deir ez, Palmyra, Islamic State, Kurdish, Turkey, Syria's Hasakah, Damascus, State

☆ Oracle stock pops 13% on AI demand, new deals with Google and OpenAI
▼ + stars: | 2024-06-12 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Oracle shares closed up more than 13% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with Microsoft -backed OpenAI and Google . Alongside its results, Oracle said it is partnering with Microsoft and OpenAI to help supply additional computing capacity for the startup. Analysts from Citi said Oracle's sluggish revenue for the fourth quarter was offset by "tremendous RPO bookings growth." UBS analysts said the highlight of Oracle's results is its "extraordinary sequential backlog growth of $18 billion." Morgan Stanley analysts said Oracle's quarter was mixed, but the "near term AI build-out likely wins the day and sustains momentum in shares."

Persons: Larry Ellison, Safra Catz, Oracle, Morgan Stanley, — CNBC's Michael Bloom, Jordan Novet Organizations: Oracle, Microsoft, Google, Analysts, Citi, UBS Locations: San Francisco

☆ Ex-employees sue Elon Musk and SpaceX, claiming illegal firings after they called out alleged gender bias and harassment
▼ + stars: | 2024-06-12 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

New York CNN —SpaceX and CEO Elon Musk were sued on Wednesday by former employees who claim they were illegally fired for raising concerns about gender discrimination and sexual harassment at the rocket company. The eight former employees were involved in writing a 2022 open letter criticizing Musk and urging SpaceX executives to make the firm’s culture more inclusive. Following the letter’s release, the eight employees were fired. Wednesday’s complaint alleges that “Musk personally ordered the Plaintiff’s terminations.”SpaceX did not immediately respond to a request for comment on the lawsuit. (Musk has denied the harassment claims.)

Persons: Elon Musk, Musk, Twitter —, “ Musk, Gwynne Shotwell, Tom Moline, ”, ’, “, “ I’ve Organizations: New, New York CNN, SpaceX, Twitter, New York Times, National Labor Relations Board, CNN, MIT, Business Locations: New York, California, Texas

☆ U.S. widens sanctions on Russia to discourage countries such as China from doing business with Moscow
▼ + stars: | 2024-06-12 | by ( ) www.cnbc.com time to read: +2 min

Wednesday's package targeted Chinese companies which help Russia pursue its war in Ukraine and raised the stakes for foreign financial institutions which work with sanctioned Russian entities. Sanctions against Russia, he said, are therefore a "dynamic affair." Wednesday's package targets more than $100 million in trade between Russia and suppliers for its war. More than 300 new sanctions are largely aimed at deterring individuals and companies in countries including China, the United Arab Emirates and Turkey from helping Moscow circumvent Western blocks on obtaining key technology. They also threaten foreign financial institutions with sanctions if they do business with almost any sanctioned Russian entity, underscoring the U.S. view that the Kremlin has pivoted the Russian economy on to a war footing.

Persons: Putin, Aaron Forsberg Organizations: Russia Wednesday, State, Economic, Associated Press, Russia, United Arab Locations: States, Italy, Ukraine, Russia, U.S, Moscow, China, United Arab Emirates, Turkey

☆ Fed rate cut guessing game dominates ahead of 5 major events for investors
▼ + stars: | 2024-06-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Market wrap : Stocks were mixed and drifting in Friday afternoon trading. Wall Street's earlier gains Friday came despite a surge in bond yields and another pushout of Federal Reserve interest rate cut odds. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Morgan Stanley, Friday's, Eli Lilly, Lilly, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Abbott Laboratories, Nvidia, Apple, Developers, FDA, Broadcom, Jim Cramer's Charitable Locations: Wells

☆ The Fed's rate decision and May inflation data will be key tests for the stock market next week
▼ + stars: | 2024-06-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.

Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California

☆ Boeing Starliner launches for the first time carrying NASA astronauts to the ISS
▼ + stars: | 2024-06-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

In this article BA Follow your favorite stocks CREATE FREE ACCOUNTBoeing launched its first Starliner flight with astronauts on Wednesday, beginning a crucial final flight test of the long-delayed spacecraft. ET from Cape Canaveral, Florida with two NASA astronauts aboard. Starliner is carried by an United Launch Alliance's Atlas V rocket and bound for the International Space Station. Boeing's crew flight test aims to certify the Starliner system as capable of carrying NASA astronauts to-and-from the ISS. The capsule itself is built to carry as many as four NASA astronauts per flight and more than 200 pounds of research and cargo.

Persons: Boeing's, Steve Nesius, Lockheed Martin –, Miguel J, Rodriguez Carrillo, Butch Wilmore, Suni Williams, Wilmore, Kim Shiflett, NASA Williams, Williams, Isaac Watson, NASA Starliner Organizations: Boeing, NASA, United, International Space, Alliance, V, International, Reuters, Lockheed, United Launch, Boeing's, Kennedy Space Center, AFP, Getty, Space Shuttle, Russia's, U.S . Navy, Soyuz, Navy, United Launch Alliance, Cape Canaveral Space Force Locations: Cape Canaveral , Florida, U.S, ULA, Cape Canaveral, Fla, Florida

☆ Three big questions about Biden’s new border plan
▼ + stars: | 2024-06-05 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +5 min

CNN —With an election looming, President Biden’s new executive action on the border aims to send a loud and clear message about his approach to immigration. The president’s proclamation, announced Tuesday, still allows for the normal flow of commerce and legal immigration across the border. But it bars migrants who cross the border illegally from seeking asylum once a daily threshold is met. Border authorities encountered around 3,500 migrants crossing the border unlawfully on Monday, according to a Homeland Security official, above the threshold needed for the executive action to take effect. And immigrant rights advocates warn that closing the border to asylum seekers will endanger vulnerable people and ultimately make the border less safe.

Persons: Biden’s, Biden, that’s, It’s, Joe Biden, Al Drago, we’ve, Andres Manuel Lopez Obrador, haven’t, “, Claudia Sheinbaum’s, she’s, she’ll, Lopez Obrador, they’d, Trump, CNN’s Rosa Flores, Priscilla Alvarez, Donald Judd, Ana Melgar, Karol Suarez Organizations: CNN, Homeland Security, Border, Congress, Bloomberg, Getty, Biden, Civil Liberties Union, ACLU Locations: Mexico, America, Caribbean

☆ How Biden’s Asylum Order Works
▼ + stars: | 2024-06-04 | by ( Hamed Aleaziz | ) www.nytimes.com time to read: +1 min

President Biden announced an executive order on Tuesday to essentially block asylum at the southern border, a major shift in how the United States has historically handled claims for protection. What does the order say? The order suspends entry of migrants who cross the southern border illegally and was set to take effect at 12:01 a.m. Wednesday, barring legal challenges. The order will be lifted if the government certifies that fewer than 1,500 people a day on average crossed the border in the span of a week. It can kick back in if the numbers go above 2,500 a day, on average, in a given week.

Persons: Biden Locations: United States

☆ Why the market shifted to defense, plus the lingering hangover of Dell's backlog
▼ + stars: | 2024-06-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. "We can't seem to mount any sort of rally for the likes of Club stocks Eaton and Dover . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, that's, Cramer, Jim, Dell, Brown, Forman, we'll, Jim Cramer's, Michael Dell, Kike Rincon Organizations: CNBC, Labor, Procter, Procter & Gamble, Costco, May, Services, Jim Cramer's Charitable, Dell Technologies, MWC, Mobile World Congress, Fira, Gran, Europa Press, Getty Locations: Procter &, Costco, Eaton, Dover, CrowdStrike, Campbell Soup, L'Hospitalet de Llobregat, Barcelona, Catalonia, Spain

☆ Judge holds first hearing since delaying Trump classified documents trial and criticizing special counsel
▼ + stars: | 2024-05-22 | by ( Tierney Sneed | ) edition.cnn.com time to read: +4 min

US District Judge Aileen Cannon will hear arguments from defense attorneys on two separate bids to throw out charges in the case. Trump is accused by special counsel Jack Smith of taking classified national defense documents from the White House after he left office and of resisting the government’s attempts to retrieve the materials. Trump has obtained permission from the judge to skip Wednesday’s proceedings, which will start at 10 a.m. On Tuesday, hundreds of pages of previously sealed court filings were posted publicly as part of efforts by the former president to have the charges against him thrown out. She expressed “concern” the special counsel’s office had sought redactions of information in the newly unsealed filings after previously giving its OK for that information to be published in full in earlier court filings.

Persons: Donald Trump, Aileen Cannon, Walt Nauta, vindictively, Trump, Jack Smith, Carlos De Oliveira, Cannon, White, Donald Trump’s Mar, –, she’s, ” Cannon, “, ” Organizations: CNN, White, Nauta, Trump, US Department of Justice Locations: Florida, Lago, Fort Pierce , Florida, Palm Beach , Florida, Washington ,

☆ TJX jumps 4% to a new high after earnings — here's what investors love about the report
▼ + stars: | 2024-05-22 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

TJX Companies shares climbed to an all-time high Wednesday after reporting better-than-expected fiscal first-quarter results Wednesday. Executives also said they see further ability to grow because TJX is becoming an increasingly important channel for its vendors. In the quarter, TJX returned a total of $886 million to shareholders in the quarter, with $609 million coming via buybacks and another $377 in dividend payments. Full year sales guidance was revised lower by about $150 million at the midpoint due to foreign exchange dynamics. Comparable same store sales guidance was left unchanged.

Persons: Wednesday's, Ernie Herrman, TJX, Herrman, we're, HomeGoods, John Klinger, Klinger, Jim Cramer's, Jim Cramer, Jim, TJMaxx, Jeff Greenberg Organizations: TJX Companies, LSEG, TJX, Marshalls, Ross Stores, Burlington Stores, Consumers, Companies, TJX Canada, Management, CNBC, Universal, Getty Locations: Maxx, HomeGoods, U.S, buybacks, Canada, Florida, Port

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