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☆ The billionaire owners of the Nets and Liberty plan to launch a media brand around the 'zeitgeist of Brooklyn' in 2025
▼ + stars: | 2024-12-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

The billionaire owners of the Nets and Liberty are hatching a media brand rooted in Brooklyn culture. BSE Global plans to launch a new brand in early 2025, focusing on the "zeitgeist of Brooklyn." A trio of billionaires is looking to turn "Brooklyn" into a media brand in the vein of the youth and pop-culture outlet Complex. BSE plans to launch the new global media brand in early 2025 with a focus on "capturing and sharing the zeitgeist of Brooklyn," spokesperson Sheerin Salimi confirmed to Business Insider. "They're trying to be like the voice of Brooklyn," a second person with direct knowledge of BSE's plans said.

Persons: Sheerin Salimi, Joe Tsai, Clara Wu Tsai, Julia Koch, Koch, megadonor David Koch, Salimi, Breanna Stewart, Rob Kim, Brooklyn, Sam Zussman, Rich Antoniello, Marc Ecko, BuzzFeed, DeJuan Wilson, Bryan Bedder, Wilson, who's, Complex's, Stefan Breskin, Zion Olojede, Erika Turner, Lucas Wisenthal, Vox, Ellie Organizations: Nets, Liberty, BSE, New, BSE Global, Brooklyn Nets, Brooklyn Nets , New, Brooklyn Nets , New York Liberty, Barclays Center —, Business, BI, Barclays Center, Brooklyn, Brooklyn Magazine, IMG, longtime, BuzzFeed, NTWRK, Endeavor, Nike, Aia Adriano, Digital, Big Tech, New York Times, Vox Media's, York, BSE's New York Liberty, NBA's Brooklyn Nets, There's YES, New York Yankees, Network, New York Knicks Locations: Brooklyn, New York, Brooklyn Nets ,, Brooklyn Nets , New York, New York City, BSE's, Liberty

☆ Tom Brady's personal items, including his luxury watch collection, just sold for $9 million at auction. Take a closer look.
▼ + stars: | 2024-12-11 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

Tom Brady auctioned 21 pieces from his luxury watch collection at Sotheby's on Tuesday. His watch collection, which fetched $4.6 million, included pieces from Rolex and Audemars Piguet. AdvertisementSeven-time Super Bowl champion Tom Brady is passionate about more than just football — he also has an extensive luxury watch collection. AdvertisementThe luxury watch industry has experienced major fluctuations in recent years. In June 2024, for example, Sotheby's auctioned 11 watches from Sylvester Stallone's personal collection, including his Patek Philippe Grandmaster Chime which sold for $5.4 million.

Persons: Tom Brady, Audemars, Paul Newman, John Player, —, ProBowler, Robertino Altieri, Altieri, Sotheby's, Sylvester Stallone's, Philippe Grandmaster, Brady Organizations: Rolex, Business, University of Michigan Locations: Sotheby's

☆ Chili’s and Applebee’s are fighting about their value meals
▼ + stars: | 2024-12-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

In one corner is Applebee’s, which recently launched a $9.99 “Really Big Meal Deal,” and on the other side is Chili’s, home of the $10.99 promotion that has proven to be a big hit. Both chains have added more value offerings to menus in recent months as consumers cut back on dining out amid inflationary pressure on their wallets. The fight between the two is garnering attention on X, where Applebee’s implied that its deal is better than Chili’s offering because it’s $1 cheaper. Applebee’s deal also includes either a fried chicken sandwich or bacon cheeseburger, fries and a soda. Applebee’s same-store sales slumped about 6% in its most recent quarter, marking the sixth straight quarter of decline.

Persons: “, Chili’s, ”, hasn’t, George Felix, it’s, Applebee’s, Brinker, It’s, ” John Peyton Organizations: New, New York CNN, CNN, Chili’s, Triple, Dine Brands, Brands, Applebee’s Locations: New York

Below, we've compiled everything you need to know about how to watch the Hallmark Channel without cable. PhiloPhilo is one of the cheapest ways to live stream the Hallmark Channel. At $28 a month, the streaming service carries the Hallmark Channel and 70+ other live channels, including AMC, the Paramount Network, and MTV. Check price at PhiloSling TV w/ Lifestyle ExtraSling TV is another relatively affordable live TV streaming option. Check price at SlingFuboFubo carries the Hallmark Channel and more than 185+ other live channels.

Persons: you've, we've, Philo Philo, Philo Organizations: Business, Hallmark, Hallmark Channel, AMC, Paramount Network, MTV, ESPN, NBC, ABC, CBS, FOX, NBA, NHL, MLB, DirecTV, DirecTV Stream Locations: Chesapeake Shores

☆ Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
▼ + stars: | 2024-12-11 | by ( Ari Levy | ) www.cnbc.com time to read: +3 min

Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Alphabet closed at $195.40 on Wednesday, topping its prior high of $191.18, which it reached on July 10. Shares of the electric vehicle maker jumped almost 6% on Wednesday to $424.77, climbing above their prior closing high of $409.97 on Nov. 4, 2021. Amazon, Apple and Meta have all been regularly reaching new highs, though Apple slipped 0.5% on Wednesday. The outsized weighting of tech's megacaps has pushed the Nasdaq to a 33% gain for the year.

Persons: Tesla, Donald Trump's, Elon, Apple, megacaps, Trump, Andrew Ferguson, Lina Khan, Ferguson, Tom Lee, CNBC's, Lee, That's Organizations: Nasdaq, Apple, Meta, Microsoft, Nvidia, Federal Trade Commission, Fundstrat Global Advisors, Federal, of Labor Statistics

☆ CNBC Daily Open: Can quantum computing be used in the real world?
▼ + stars: | 2024-12-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Alphabet spikes after Google announces 'breakthrough' quantum chip Shares of Google's parent company Alphabet rose 6% on Tuesday, a day after the company hailed its latest quantum computing chip as a "breakthrough." Quantum computing uses quantum bits or qubits which can be zero, one or something in between. Will we see faster laptops, faster smartphones, or can quantum computing be used for artificial intelligence applications? Proponents of quantum computing claim it will be able to solve problems that current computers can't. After all, if there are currently no real world uses for quantum computing, the solution cannot be put to solving problems, let alone commercialized.

Persons: Bernstein, Lifeng, Donald Trump's, Goldman Sachs, Stanley, CNBC's Arjun Kharpal Organizations: CNBC, Trump, Blackrock, Citigroup, Google, Marvel, HAL Locations: China, Beijing

☆ Certain foods may disrupt your body’s fight against cancer cells, study says
▼ + stars: | 2024-12-11 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +10 min

CNN —The food you eat may be affecting your body’s ability to fight cancer cells in the colon, according to a new study. The potential culprit: an overabundance of certain omega-6 fatty acids — perhaps from ultraprocessed foods in your diet — that may hinder the anti-inflammatory and tumor-fighting properties of another essential fatty acid, omega-3. Linoleic acid, an omega-6 fatty acid that is found in corn, peanut, soybean, safflower and sunflower oils, is the most common omega-6 in the US food supply. “It’s a leap to say that omega-6s from ultraprocessed foods are the cause. Many ultraprocessed foods are made with soybean and other vegetable oils that contain higer levels of omega-6 fatty acids.

Persons: ”, Timothy Yeatman, Yeatman, “, Bill Harris, it’s, Harris, chia, gastroenterologist Dr, Robin Mendelsohn, Mendelsohn, codirector, ” Yeatman, Ganesh Halade, Halade, ” Halade, Tom Brenna, ” Brenna Organizations: CNN, British Society of Gastroenterology, University of South, Tampa General Hospital Cancer Institute, Sanford School of Medicine, Acid Research, National Cancer Institute, Center, Memorial Sloan Kettering Cancer Center, Dell Medical, University of Texas, American Heart Association, AHA, Harvard Medical Locations: Gut, University of South Florida, Tampa, University of South Dakota, Sioux Falls , South Dakota, United States, New York City, Austin

☆ Democratic governors quietly prep extensive plans to counter Trump
▼ + stars: | 2024-12-11 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Since long before the election, they’ve been poring through Project 2025 — it’s helpful, several Democratic governors told CNN, to have a blueprint in public. Laura Kelly, the chair of the Democratic Governors Association. Plans for Trump underway for monthsMany Democratic governors had been working on plans well before even President Joe Biden dropped out of the presidential race and Vice President Kamala Harris became their party nominee. They’re coming to this weathered with the experience from the first Trump term. Michigan Gov.

Persons: Donald Trump’s, they’ve, They’ve, ”, Laura Kelly, JB Pritzker, postelection, Jared Polis, Pritzker, Joe Biden, Kamala Harris, they’re, Trump, Emmanuel Macron’s, hasn’t, Gretchen Whitmer, Mike Pence, weren’t, Rebecca Wright, Whitmer, Donald Trump, ” Whitmer, I’ve, we’ll, Tim Walz, Harris ’, “, Kathy Hochul, ” Hochul, Matt Meyer, Beverly Hilton, Richard Nixon, Nixon, ” — Walz, he’d, Martin O’Malley, Austin Steele, Gavin Newsom, Andy Beshear, Josh Shapiro, Wes Moore, Jay Inslee, Trump’s, —, Lindsey Wasson, Inslee, Bob Ferguson, ’, ” Inslee Organizations: Los Angeles CNN —, Democratic, CNN, Trump, White House, National Guard, showdowns, Kansas Gov, Democratic Governors Association, Illinois Gov, Colorado Gov, Senate, White, Notre Dame, Mar, Michigan Gov, Convention, United Center, Michigan, Biden, Gov, Penn, New Yorker, Delaware Gov, Beverly, Golden Globes, Former Maryland Gov, Democratic National Committee, Minnesota Gov, Howard University, Kentucky Gov, Maryland Gov, Democratic Party, Washington Gov Locations: Kansas, Indiana, Illinois, Covid, Michigan, Chicago, Los Angeles, —, Minnesota, York, New, Delaware, Washington ,, California, Polis , Pennsylvania, Seattle, Washington, Pearl

☆ Inside Art Basel Miami Beach: 22 photos show some of the best exhibitions and celebrations from the annual event
▼ + stars: | 2024-12-11 | by ( Brea Cubit | ) www.businessinsider.com time to read: +2 min

I attended Art Basel Miami Beach for the first time from December 6 to 8. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. Based on my research, I knew that Art Basel Miami Beach would be equal parts exciting and overwhelming. Bridget Finn, the director of Art Basel Miami Beach, previously told me that she believes this event is "often the platform where new trends in art appear." From cool installations to lively social gatherings, here are some of the top highlights from my weekend at Art Basel Miami Beach.

Persons: Bridget Finn Organizations: Art Basel Miami Beach, Business, Service, Miami Beach Convention Locations: Basel, Miami

☆ The biggest supermarket merger in US history is dead
▼ + stars: | 2024-12-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Albertsons is terminating an attempted takeover by Kroger a day after a federal judge blocked the deal. The suit marks a decisive end to the largest proposed supermarket merger in US history. AdvertisementAlbertsons said Wednesday that it is terminating Kroger's attempted $24.6 billion acquisition, a day after a federal judge blocked the deal due to antitrust concerns. Albertsons' Moriarty called Kroger's approach to getting regulatory approval "willfully deficient" and said the suit is intended to "protect the interests of our shareholders, associates, and consumers." The suit marks a decisive end of the largest proposed supermarket merger in US history, which faced challenges from the Federal Trade Commission and two US court cases.

Persons: Kroger, Tom Moriarty, Albertsons, Moriarty Organizations: Albertsons, Kroger, Federal Trade Commission Locations: Delaware, Washington

☆ Stifel upgrades Saucony parent company to buy, says 2025 will be an 'inflection year'
▼ + stars: | 2024-12-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Stifel sees a strong bull case for casual footwear and apparel company Wolverine World Wide . The firm upgraded Wolverine World Wide, which owns Merrell and Saucony shoemaker brands, to buy from hold. Spring orders, Saucony momentum, an distribution expansion support growth visibility into 2025 shifting investor focus to multi-year earnings power," analyst Jim Duffy wrote in a note. WWW YTD mountain Wolverine World Wide performance this year. Of the 10 analysts covering the shoemaker, 6 rate it as a buy while four have a hold rating, per LSEG.

Persons: Stifel, Merrell, Jim Duffy, Duffy Organizations: Sperry Locations: China, Asia

☆ A blue state could provide an early test for the Trump coalition: From the Politics Desk
▼ + stars: | 2024-12-10 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, national political correspondent Steve Kornacki breaks down how New Jersey could provide an early test for Donald Trump's coalition. A blue state could provide an early test for the Trump coalitionBy Steve KornackiOne of the biggest gains Donald Trump notched this year came in what has been one of the bluest states in the country: New Jersey. Increased Hispanic support for Trump has also made the state’s largest city, Newark, somewhat less of a vote bank for Democrats. Read more →Senate Minority Leader Mitch McConnell, 82, is recovering from minor injuries after falling following Senate Republicans' weekly lunch on Tuesday, his office said. Read more →A growing band of younger, more energetic House Democrats is challenging seasoned veterans for powerful congressional posts, upending the party’s long-standing practice of deference to seniority.

Persons: Steve Kornacki, Donald Trump's, Sahil Kapur, Donald Trump, Kamala Harris, Joe Biden, Trump, that’s, It’s, Andy Kim overperformed Harris, Harris, Kim, ” Trump, Kristen Welker, “, ”, Trump’s, Republicans didn’t, John Thune, everything’s, Mike Rounds, Angus King, didn’t, Dick Durbin, I’m, ” Durbin, Bennie Thompson, Read, ️, Justin T Organizations: NBC, White House, Capitol, Trump, State, Asian American, Arab American, Democrats, Senate, Republican, Press, Republicans, House Locations: New Jersey, Newark, Palisades Park, North Jersey, Lakewood, Israel, U.S, Passaic, Sens, Maine

Recently, Olaplaex sent me its No.5 Moisturize & Mend Leave-In Conditioner, a formula that sounded like it could reset my frizz-prone, dehydrated hair. SKIP AHEAD How I tried Olaplex’s No.5 leave-in conditioner | My experience with the No.5 Moisturize & Mend Leave-In Conditioner | Who is Olaplex’s leave-in conditioner best for? What is Olaplex’s No.5 Moisturize & Mend Leave-In Conditioner? Olaplex products, including its No.5 Moisturize & Mend Leave-In Conditioner ($32) work at a molecular level to repair damage, lock in hydration and protect it from moisture loss. Who is Olaplex’s No.5 leave-in conditioner best for?

Persons: I’ve, Olaplaex, Olaplex, mends, Michelle Rostamian, It’s, Seltzer, Michelle, I’m, you’re, Eva, TikTok Organizations: NBC, TSA, Facebook, Twitter

Cincinnati Bengals star quarterback Joe Burrow's Ohio home was burglarized this week, the most recent high-profile athlete to be the victim of such crime. Burrow and his teammates were in Arlington, Texas, Monday night taking on the Dallas Cowboys, a game the Bengals won. The report stated that Burrow was out of town and could not provide details of what may have been taken. Burrow joins a growing list of high-profile athletes, including Kansas City Chiefs Travis Kelce and Patrick Mahomes, who have reported home break-ins in recent months. Athletes from other professional sports also recently had their homes broken into.

Persons: Joe Burrow's, Burrow, Kansas City Chiefs Travis Kelce, Patrick Mahomes, Mahomes, Bobby Portis, Mike Conley Jr Organizations: Cincinnati Bengals, Sheriff's Office, Dallas Cowboys, Bengals, Officials, Kansas City Chiefs, NFL, NBA, FBI, Authorities, Chiefs, Sheriff’s, NBC, Milwaukee Bucks, Minneapolis Star Tribune, Minnesota Timberwolves, Minnesota Vikings Locations: Joe Burrow's Ohio, Anderson, Hamilton, Arlington , Texas, Cincinnati, Mahomes, Belton , Missouri, Cass, Leawood , Kansas, Kansas City

SKIP AHEAD Best exercise bikes to shop | How to buy the best stationary bike for you | What about Peloton? : Exercise bikes typically have a weight limit for users — our options can hold at least 270 pounds. Warranty: For higher-end exercise bikes, our experts recommend looking for at least a one-year warranty. The best exercise bikes to shop in 2024Listed below are highly rated and expert-recommended exercise bikes at various price points that align with our experts’ guidance. Maybe you want to easily adjust the bike’s resistance, move its handlebars or just need something quiet for nighttime sweats.

Persons: —, ”, Eric Ridings, Zach Moxham, “, it’s, Angelina Palermo, It’s, Ashley Morris, Godio, TikTok Organizations: NBC, Health, Sunny Health, Walmart, Schwinn, ” Ridings, Bluetooth, Ridings, USA Cycling, Facebook, Twitter Locations: Chicago, “, New York City

☆ How tech's right-wing elite made 'debanking' claims into a political rallying point
▼ + stars: | 2024-12-10 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +15 min

There is no guaranteed right to banking services, and Andreessen and Musk both have a history of making inflammatory political statements. Last week, in a victory for the crypto industry, Trump said he would appoint the venture capitalist David Sacks, an industry ally, as his “White House A.I. Tom Williams / CQ-Roll Call via Getty Images fileTrump during the campaign wooed crypto industry support in part by talking about debanking. Still, his comment prompted others to share personal stories about losing access to banking services with no explanation and despite having good credit. At least one bank industry trade group says debanking is a real issue — and one that’s caused by government regulators’ pressure.

Persons: Elon Musk, Marc Andreessen, Biden, debanked, ”, Joe Rogan, ” —, Musk, JPMorgan Chase, Donald Trump, Andreessen Horowitz, debanking, Rohit Chopra, Joe Biden, Trump, David Sacks, ” Sacks, Paul Atkins, Tom Williams, they’ve, Melania Trump, “, wouldn’t, Barron Trump, Donald Trump Jr, Ritchie Torres, cryptocurrency, they’d, ” Marisa Coppel, Rogan, Andreessen, Sid Kalla, Kalla, ” Kalla, Chase, Jamie Dimon, It’s, Sen, Kevin Cramer, ” Cramer, ” Donald Trump, Justin Sullivan, it’s, Obama, Sam Bankman, Paul Grewal, ’ ”, Banks Organizations: Netscape, Treasury Department, JPMorgan, Consumer Financial Protection Bureau, ”, debanking, The Free Press, PayPal, Securities and Exchange Commission, Republican National Convention, Getty, Trump, White House, Blockchain Association, Roll Labs, Turing Holdings, Chase, Labs, Bank Policy Institute, FBI, North Korean, Banking Act, NBC News, Justice Department, Federal Reserve, Federal Deposit Insurance Corp, FDIC, “ Locations: U.S, North Korea, Milwaukee, Nashville , Tennessee, America, New York, Brooklyn Heights, paychecks, North Dakota, Fargo, N.D

☆ Former Jan. 6 committee chair fires back at Trump's suggestion that panel members should be imprisoned
▼ + stars: | 2024-12-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Syedah_Asghar.Jpg | Syedah Asghar | ) www.nbcnews.com time to read: +3 min

WASHINGTON — Rep. Bennie Thompson, who chaired the now-defunct House Jan. 6 committee, pushed back Tuesday against President-elect Donald Trump's suggestion that the panel's former members should be imprisoned. The suggestion is "absolutely wrong," the Mississippi Democrat told reporters on Capitol Hill, saying that the committee did nothing "that violates the law." "Just because you disagree with the work of the committee," Thompson said, it's no reason "to threaten those members of the committee with jail, so obviously that’s his opinion." House Democratic Caucus Rep. Pete Aguilar, D-Calif., who also served on the Jan. committee, said Tuesday that he and the other committee members did their job and "upheld the rule of law." "Donald Trump’s suggestion that members of Congress who later investigated his illegal and unconstitutional actions should be jailed is a continuation of his assault on the rule of law and the foundations of our republic."

Persons: Bennie Thompson, Donald Trump's, Thompson, Pete Aguilar, Trump, Cheney, that’s, Kristen Welker, I’m, Kamala Harris, Donald Trump’s Organizations: WASHINGTON —, Mississippi Democrat, Capitol, House Democratic, Rep, United States Capitol, Press

The show is also one of three ambitious projects released this year reimagining beloved Latin American classics treasured by book lovers for their use of magical realism. In addition to “One Hundred Years of Solitude,” Netflix also recently adapted Juan Rulfo's Mexican novel "Pedro Páramo" into a film. Magical realism is having its TV momentGarcía Márquez, who won the Nobel Prize in literature in 1982, was best known for novels and short stories that use magical realism to blur the lines between fantasy and reality. An important literary tool for many Latin American authors, magical realism allows these writers to both explain sociopolitical realities and the abstract feelings associated with them. "The power of magical realism is that we don’t see it as magical realism.

Persons: Gabriel García Márquez’s, Juan Rulfo's, Pedro Páramo, Max, Laura Esquivel's, Cruz Castillo, Castillo, Ana, Christina Ramón, ” Ramón, Ramón, “ It’s, ”, Márquez, It’s, Laura Mora, Alex García López, ” Mora, Manuel García Rulfo, Juan Preciado, Preciado, García Márquez, Rulfo, Mexican Esquivel, Azul, Tita de la Garza, Salma Hayek Pinault, Rodrigo García, Gonzalo García, Alexis García López, García López Organizations: Netflix, National Hispanic Media Coalition, University of California, Columbia University, Foundation, New, Reuters Locations: Los Angeles, Macondo, Márquez’s, Colombia, Spanish, London, Cuba, Havana

Vice President Mike Pence and Speaker of the House Nancy Pelosi preside over a joint session of Congress on January 6, 2021 in Washington, DC. “I don’t make decisions based on who is the president,” Ford said. The federal election subversion indictment against Trump, filed by Justice Department special counsel Jack Smith, has already been dismissed. And while the Georgia case against Trump and his 14 co-defendants remains in limbo, the state likely won’t move forward with charges against Trump while he’s the sitting president. “It all speaks to the uniqueness of the legal issues surrounding President Trump,” said Elliot Williams, a CNN legal analyst and former Justice Department prosecutor.

Persons: Mike Pence, Nancy Pelosi, Erin Schaff, Donald Trump, can’t, Aaron Ford, ” Ford, “, Mark Meadows, Rudy Giuliani, Boris Epshteyn, Jack Smith, Trump, ”, Elliot Williams Organizations: The New York Times, Democratic, Trump, CNN, White House, Justice, Justice Department Locations: Washington , DC, Georgia , Michigan, Arizona, Wisconsin, Nevada, Georgia

“If she wins, it’s the end of seniority,” said a House Democrat who has served decades in Congress. Some powerful committee leaders have already stepped aside amid challenges from relatively younger upstarts. For Democrats, seniority has long played an outsized role in determining whom rank-and-file members selected as their committee leaders. So the once-small CBC prioritized seniority to help some of its members secure committee gavels and ranking member slots. 'It takes experience to do things well'Rep. Robin Kelly, D-Ill., 68, another CBC member, said she takes no issue with younger members’ challenging senior colleagues.

Persons: Donald Trump, Alexandria Ocasio, ”, Gerry Connolly, Jamie Raskin, Jerry Nadler, Nadler, Raskin, Jared Huffman, Raúl Grijalva, Grijalva, Melanie Stansbury, Huffman, Biden, “, won’t, Nancy Pelosi, there’s, Pelosi, isn’t, ’, Sen, Dianne Feinstein, Ruth Bader Ginsburg's, Trump, David Scott, Jim Costa, Angie Craig, Greg Casar, wasn’t, who’ve, Bill Foster, ” Foster, Foster, Hakeem Jeffries, Bobby Scott, Maxine Waters, Gregory Meeks, Bennie Thompson, Yvette Clarke, Clarke, Steven Horsford, Robin Kelly, Kelly, Jeffries, Debbie Wasserman Schultz, Nanette Barragán, everyone’s, ” Kelly Organizations: WASHINGTON, White, Rep, Democrat, Democratic, Judiciary, Natural Resources Committee, Biden, Trump, GOP, Agriculture, Texas Democrat, Progressive, Republican, Financial, Republicans, Congressional Black Caucus, CBC, Education, Workforce, Financial Services, Foreign Affairs, Homeland Security, Democratic Steering, Committee Locations: Alexandria, Cortez, D, Florida, California

A murder charge was filed in New York on Monday night against the man accused of gunning down UnitedHealthcare CEO Brian Thompson last week outside a busy New York City hotel, according to online court documents. After the Pennsylvania court appearance, law enforcement officials told reporters that charges would be filed in New York shortly. Mangione also carried a fake ID with the same name the suspected gunman used at a New York City hostel, police said. An image released by the New York Police Department shows a person of interest sought for questioning in connection with the shooting. Thompson's slaying sent shock waves throughout the corporate and health care worlds, raising questions about appropriate security for top-level executives.

Persons: gunning, Brian Thompson, Luigi Mangione, Mangione, Jessica Tisch, Joseph Kenny, ” Brian Thompson, UnitedHealthcare Thompson, UnitedHealth, Thompson, ”, Paulette Thompson, ” Paulette Thompson, Spencer Platt, Thompson's Organizations: NBC, Law, Police, UnitedHealthcare, New, New York Hilton, Getty Images Police, Greyhound, New York Police Department, University of Pennsylvania, Ivy League, Gilman School, UnitedHealth, Humana, CVS Health Locations: New York, New York City, Pennsylvania, Altoona, Manhattan, Blair, Hollidaysburg, Pa, America, Mount Sinai, Central Park, Minnesota, Hilton, midown Manhattan, Atlanta, Philadelphia, Hawaii, Baltimore

Nearby Pepperdine University canceled classes Tuesday, as students sheltering in place on the school’s Malibu campus watch the flames in the distance. About 6,000 people and more than 2,000 structures are under evacuation orders, CNN affiliate KABC reported, citing information from fire officials. Firefighters drive through Pepperdine University as the Franklin Fire approaches Tuesday. (AP Photo/Eric Thayer) Eric Thayer/APVideos taken at Pepperdine University overnight show people walking around the grounds, the darkness lit by an orange glow as flames blaze in the distance. “All community members on the Malibu campus are directed to shelter in place in the Tyler Campus Center or Payson Library.

Persons: “, ”, CALFire, Franklin, Eric Thayer, Michael Friel Organizations: CNN, Pepperdine University, National Weather Service, Los Angeles County Fire Department, Piuma, KABC, Firefighters, Franklin Fire, Tyler Campus Center, Payson, University, Pepperdine, KTLA, Centers Locations: Southern, Malibu, Los Angeles, Serra, Tyler, City

☆ Jim Cramer suggests Oracle can be bought on weakness and C3.ai sold into strength
▼ + stars: | 2024-12-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday compared Oracle and C3.ai , enterprise software companies in the spotlight as Wall Street continues to flock to many stocks involved with artificial intelligence. He advised buying Oracle on weakness and selling C3.ai into strength. C3.ai stock jumped during the day's session as the company beat expectations — it declined somewhat by close, but still managed to finish up 0.12%. But Cramer noted there are a large number of companies running hot just because they're related to AI, and C3.ai could be among them. To Cramer, Oracle's pullback may be a unique chance to get in on a solid company.

Persons: CNBC's Jim Cramer, it's, Tuesday's, Cramer chalked, Cramer Organizations: Oracle, Nvidia, Meta, C3, Microsoft

☆ Ex-Abercrombie and Fitch CEO requests a hearing to determine if he's mentally fit to be tried on sex trafficking charges
▼ + stars: | 2024-12-10 | by ( Laura Italiano | Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Attorneys for Mike Jeffries asked a judge to rule on whether he is mentally fit for trial. The former CEO of Abercrombie & Fitch is seeking to delay his federal sex-trafficking case on mental competency grounds. The defense will have until December 24 to file papers telling US District Judge Nusrat Choudhury how much of their competency motion can be sealed. AdvertisementThe defense has until February 6 to file a doctor's report in support of the competency motion, the spokesperson said. During his time at Abercrombie, Jeffries steered the brand toward a more sexualized image, complete with shirtless models greeting shoppers.

Persons: Mike Jeffries, Fitch, Jeffries, Nusrat Choudhury, Brian Bieber, Matthew Smith, Les Wexner, Jeffrey Epstein Organizations: Abercrombie, US, of, of New York, Prosecutors, Eastern Locations: Manhattan, Eastern, of New, Court, Florida, America, New York, of New York

☆ Argentina’s economy: What Milei’s chainsaw approach has delivered in a year
▼ + stars: | 2024-12-10 | by ( Hanna Ziady | Stefano Pozzebon | ) edition.cnn.com time to read: +9 min

London/Bogota/Buenos Aires CNN —Javier Milei swept to power in Argentina a year ago on a ticket to tackle chronic hyperinflation and overhaul the long-suffering economy. In one regard — slashing the size of the state — he has proven so successful that Donald Trump’s government efficiency tsars want to replicate his approach. Homeless people at the gates of the closed Retiro train station during a general strike on May 9, 2024, in Buenos Aires. But the adjustment has proved painful in a country where roughly every 10th person is employed in the public sector. But capital controls, which limit the flow of foreign currency into and out of the country, are giving investors pause.

Persons: Buenos Aires CNN — Javier Milei, Donald Trump’s, Natalia Burone, Lucas Aguayo, ”, Hans, Dieter Holtzmann, Friedrich Naumann, it’s, Milei —, Holtzmann, Milei “, Matteo Maffia, Milei, “, you’d, ” Maffia, I’m, Elon Musk, Vivek Ramaswamy, Donald Trump, Carlos Barria, Kimberley Sperrfechter, ” Milei, Luiz Inacio Lula da Silva, Luis Lacalle Pou, Ursula von der Leyen, Santiago Pena, Eitan Abramovich, European Union —, Flor Maffia, Diego Fenoglio, “ There’s Organizations: Buenos Aires CNN, International Monetary Fund, Investors, CNN, Monetary Fund, Friedrich, Freedom, Milei, “, of Government, America, KNG Securities, Capital Economics, South, Friedrich Naumann Foundation, Paraguay's, Mercosur, European Union, Bolivia — Locations: Bogota, Buenos Aires, Argentina, Latin America, Retiro, Brazil, Paraguay, Uruguay, German, United States, Palm Beach , Florida, Argentine, Spain, Montevideo, Bolivia, Europe

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