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☆ A way to play the too-hot utilities trade now that rate cuts have begun
▼ + stars: | 2024-09-19 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

Investors looking to participate in a new growth phase for electricity demand by purchasing the Utilities Select Sector SPDR ETF (XLU) might be discouraged by its massive run over the past year. We'll review a way to play it with options that adds a buffer of protection. XLU .SPX mountain 2023-10-23 Utilities Select Sector SPDR Fund since October low Despite this strong performance, the utilities select sector index still trades at just over 19 times forward earnings, a much cheaper multiple than the S & P's 23.5 times, and typically trades with significantly lower volatility as well. Spurring the economy will likely increase demand, but lowering rates improves the relative attractiveness of utilities for fixed-income investors as well. The trade XLU has an annual dividend yield of 2.8% and would make a fine addition to one's portfolio.

Persons: EVs Organizations: Utilities, Fund, CNBC, NBC UNIVERSAL Locations: U.S

☆ News organizations petition Nevada Supreme Court to open up secret Murdoch succession case
▼ + stars: | 2024-09-19 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —A group of news organizations filed an emergency petition Thursday, asking Nevada’s highest court to unseal the ongoing family succession battle playing out in a Reno courtroom that will determine the future of Rupert Murdoch’s vast media empire. But his three other eldest children, who have more moderate views, are fighting the change. The Murdoch case was only revealed after The New York Times published a report revealing its existence in July. “The public has immense interest in which of Murdoch’s children will succeed him,” the news outlets said in their petition. In its petition to the high court, the news outlets argued that selective redactions can be made to protect truly private information.

Persons: Nevada’s, Rupert Murdoch’s, Murdoch, Lachlan –, –, Rupert, “ Organizations: New, New York CNN, Fox, The New York Times, CNN, Washington Post, Nevada Supreme, Fox News, Street Journal Locations: New York, Reno, Washoe, Nevada, American

☆ We spent over $54,000 renovating our house — but these 5 cheap upgrades actually made the biggest difference
▼ + stars: | 2024-09-19 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen we purchased a three-bedroom fixer-upper in Melbourne, Australia, in 2017, we couldn't wait to move in and get started renovating. Over the course of three years, we spent just over $80,000 Australian dollars, about $54,000, transforming it into our dream home. Here are five fairly low cost upgrades that really boosted our property's appeal and got many compliments from friends and family. AdvertisementIt only cost about AU$200 to make, but it really added to the property's street appeal.

Persons: —, Cameron Church Organizations: Service, Business Locations: Melbourne, Australia

☆ Turbulent skies of Vincent Van Gogh’s ‘The Starry Night’ may align with a scientific theory
▼ + stars: | 2024-09-19 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

CNN —The dappled starlight and swirling clouds of Vincent van Gogh’s “The Starry Night” are thought to reflect the artist’s tumultuous state of mind when he painted the work in 1889. Now, a new analysis by physicists based in China and France suggests the artist had a deep, intuitive understanding of the mathematical structure of turbulent flow. Batchelor’s scaling mathematically represents how small particles, such as drifting algae in the ocean or pieces of dust in the wind, are passively mixed around by turbulent flow. “I think this physical relationship must be embedded in his mind so that’s why when he made this famous ‘Starry Night’ painting, it mimics the real flow,” Huang said. “What I take away from studies like this is that (van Gogh) captured some of this universality in the beautiful (‘Starry Night’),” Beattie added.

Persons: Vincent van Gogh’s, ”, Yongxiang Huang, Van Gogh, mutilating, van Gogh's, Huang, Andrey Kolmogorov, John Constable, De Agostini, James Beattie, Beattie wasn’t, van Gogh, ” Huang, Beattie, “, Van Gogh’s, Yinxiang, Gogh, ” Beattie Organizations: CNN, State Key Laboratory of Marine Environmental Science & College of Ocean, Sciences, Xiamen University, Princeton University, NASA's, NASA Goddard Space, NASA’s, Museum of Modern Art Locations: China, France, Saint, Provence, Soviet, Brighton, British, New Jersey, New York

☆ We went on an African safari for the first time. Our trip would've been better if we'd known these 5 things before we left.
▼ + stars: | 2024-09-19 | by ( Jackie Longo | ) www.businessinsider.com time to read: +1 min

I ended up having to wear clothes from the gift shop and wash my undergarments in a sink. The largest and heaviest bags are sometimes left behind and brought in on a later flight. Since the lodge's laundry service had a too-long turnaround time, I had to wash my underwear and socks in the sink with a hotel soap bar. I tried to buy clothing, but in this remote part of Africa, we only had access to the lodge's gift shop. You can imagine the dirty looks I got from other tourists when I showed up for our safari in my shirt as if I hadn't known the proper dress code.

Persons: Jackie Longo, hadn't Organizations: International Locations: Africa, New York City, Nairobi, Mt, Kilimanjaro

☆ Child-free spaces, dirty looks on planes and ‘breeders’: Why people seem so annoyed by kids in public
▼ + stars: | 2024-09-19 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +12 min

CNN —In some corners of society, there appears to be a shift in the way people talk about kids. Every so often, a provocative social media post sets off predictably polarizing discourse about the presence of children in daily life. The implication (joking or otherwise) is that children are a nuisance and adults shouldn’t have to endure them if they don’t want to. The people behind them aren’t part of some organized movement nor are they actually lobbying for the exclusion of children from public spaces. Rather, Berg understands online disdain for kids partly as a performative response to rhetoric from political and religious conservatives.

Persons: snarkily, ”, shouldn’t, Mariah Maddox, —, Elinor Burkett, Boon, “, Lisa Belkin, Jason Lancaster, Anastasia Berg, Rachel Wiseman, Berg, JD Vance’s, Pope Francis, aren’t, Jessica J, June Carbone, Carbone, ” Carbone, Yolanda Williams, glared, ” Williams, Lauren Kavan, She’s, Kavan, ‘, ’, Jessica Calarco Organizations: CNN, Friendly, New York Times Magazine, University of Wisconsin, Madison, “, tote Locations: Ohio, Nebraska, Berg

☆ JetBlue is fixing its business class' biggest weakness by building its own airport lounges
▼ + stars: | 2024-09-19 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new lounges, the first of which are set for New York's JFK International and Boston Logan International, are part of the New York-based carrier's continued push to bolster its premium Mint business class experience. AdvertisementThat changed in 2016 when the airline launched its first Mint premium business class cabin with lie-flat seats. Loyalty is big business for airlinesFor the airline industry, loyalty extends beyond the benefits of return business. With the new lounges in its arsenal, the airline will be better positioned to keep loyal customers coming back.

Persons: —, carrier's, Marty St, George, Jayne O'Brien, Leonard Zhukovsky, O'Brien, Thomas Pallini Organizations: Service, JetBlue Airways, New York's JFK International, Boston Logan International, JetBlue, Jetblue, Business, JFK, Mint, JetBlue's Mint, American Airlines Admirals Club, Northeast Alliance, Airlines ' Admirals Club, Delta, American Express, American Airlines, Citi Locations: York, New York, Boston

☆ Walkie-talkie firm probes link to 2nd wave of Lebanon blasts as Israel declares ‘new phase’ of war
▼ + stars: | 2024-09-19 | by ( Mithil Aggarwal | ) www.cnbc.com time to read: +5 min

The Israeli military said it had struck Hezbollah infrastructure and a weapons storage facility in southern Lebanon in overnight airstrikes. Israeli artillery also struck several areas in southern Lebanon, the IDF said in a statement. In northern Israel, at least eight people were injured by anti-tank fire from across the Lebanon border, health authorities said early Thursday. While Israel has not taken responsibility for the attacks, the militant group and Lebanese officials also pinned the blame on Israel. Whether original Gold Apollo products were tampered with, or entirely fake ones manufactured, was still being investigated, a spokesperson for the Taiwanese Economic Affairs Ministry told NBC News.

Persons: Hassan Nasrallah, Yoav Gallant, Gallant, Lloyd Austin, Israel, Abdallah Rashid Bouhabib, NNA, Icom, Yoshiki Enomoto, Enomoto, didn't, Cristiana, Gold, Arcidiacono Organizations: Hamas, Israeli, NBC News, United Nations Security Council, Lebanese Telecommunications Ministry, Reuters, Icom, NBC, Consulting, Taiwanese Economic Affairs Ministry Locations: Beirut's, Lebanon, Japan, Iran, Gaza, Israel, U.S, New York, Taiwan, Bulgaria, Beirut, Osaka, East

☆ I took a 13-hour flight to New Zealand from LA. Here are 8 mistakes I made.
▼ + stars: | 2024-09-19 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

Two summers ago, I spent 13 hours on a plane flying from Los Angeles to Auckland, New Zealand. Go to newsletter preferences Thanks for signing up! AdvertisementNew Zealand is known for its incredibly stunning scenery — and an incredibly long flight if you live in the US like me. I boarded a flight in Denver heading to Los Angeles and arrived at my final destination — Auckland, New Zealand — two days later. Between time-zone changes, a 13-hour flight, a 2.5-hour flight, and layovers, I spent nearly 24 consecutive hours in airports, airport lounges, and airplanes.

Persons: — Organizations: Service, New Zealand —, Business Locations: Los Angeles, Auckland , New Zealand, Zealand, Denver, Auckland, New Zealand

☆ Why investors should dismiss Wall Street concerns about demand for Apple's new iPhone 16
▼ + stars: | 2024-09-19 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

The leader of one of the largest U.S. carriers said there have been more iPhone 16 sales in the first week of preordering compared to the same period last year for the iPhone 15. The iPhone 16 was announced on Sept. 9 , when the company held this year's fall new product event. So, they're buying up the food chain, and they're buying at a greater rate," Sievert said, dismissing any softer iPhone 16 sales data as "nonsense." This is important because mobile carriers — including Verizon and AT & T — are the single-largest iPhone sales channel for Apple. Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: Jim Cramer, Mike Sievert, Sievert, Morgan Stanley, That's, Jim, Sievert —, Wednesday's, — Morgan Stanley, Chi Kuo, Kuo, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, Wall Street, Mobile, U.S, Verizon, AT, JPMorgan, Barclays, Bank of America, TF Securities, Apple Intelligence, CNBC Locations: U.S, Cupertino , California

☆ Nike is getting a new CEO as struggles mount
▼ + stars: | 2024-09-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive. Nike’s stock rose 9% during after-hours trading Thursday, a sign Wall Street was eager for a CEO change. Nike’s stock has dropped 24% so far this year. But the change hurt Nike’s sales.

Persons: John Donahoe, Elliott Hill, “, ” Neil Saunders Organizations: New, New York CNN, Nike, Dick’s Sporting Goods, “ Nike, GlobalData Locations: New York

☆ Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
▼ + stars: | 2024-09-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

"A number of ocean carriers have announced their plans in terms of embargoing export cargo coming to the East Coast from the Midwest," said Rooney. Once the strike is over the Coast Guard would lead the charge in an orderly flow of vessels entering the port." "While the APAC region typically has more options to shift freight to the West Coast, over half of the automotive freight coming in today is heavily dependent on the East Coast. Port of New York/New Jersey has joined other ports that have publicly posted strike contingency plans. The vessels scheduled to come into the East Coast and Gulf ports have been traversing the ocean since early to mid-August.

Persons: Beth Rooney, Rooney, Jim Mancini, CH Robinson, Biden, Taft, Hartley, We've, Harold Daggett Organizations: CNBC, International Longshoreman's Association, ILA, Cruise, United States Maritime Alliance, Port Authority of New, Coast Guard, Maersk, Port, Bloomberg, Getty, Transportation, U.S ., Biden, Logistics Locations: of New York, New Jersey, North America, East, Gulf Coasts, Port Authority of New York, New York, East Coast, Maersk Atlanta, Newark, Newark , New Jersey, US, North, Europe, Oceania, Latin America, Asia, West Coast, Germany, Charleston, Savannah, U.S . West Coast, Port, Houston, Mobile , Alabama

Business Insider's personal finance team compared Navy Federal Credit Union personal loans to the best personal loan companies and found it to a standard offering. Navy Federal Credit Union (NFCU) is a credit union that serves the military community and their families. Navy Federal Personal Loan Credit RequirementsNavy Federal doesn't make its minimum credit score to be eligible for a personal loan public — though in general, a higher credit score will secure you a lower rate. Navy Federal Personal Loan AlternativesNavy Federal Personal Loans vs. PenFed Personal LoansWith a range of 8.99% to 18.00%, offers a minimum loan amount than what you can get with PenFed, which as a range of 8.99% to 17.99%. Navy Federal Personal Loan FAQsWhat credit score do I need for an NFCU personal loan?

Persons: Fiona Insider’s, you'll, ber, you've, Foster, I'm, Ryan Wangman, Read, Elias Shaya, Elias, Potters Rebecca Potters, Rebecca Organizations: Navy Federal Credit, Navy Federal Credit Union, Federal Credit Union, Navy Federal, Department of Defense, Navy, Federal, National Guard, Social, Loan, Foster Care, Better, BBB, Chevron, DoD, Finance, Northwestern University, Boston Globe, Business, Banking Savings, McGill University Locations: creditworthiness, Alliant, Chevron, New York City

☆ Champions League Wednesday takeaways: PSG gets lucky, Manchester City and Inter misfire
▼ + stars: | 2024-09-19 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

CNN —The first round of Champions League matches continued on Wednesday with two of the competition’s biggest names – Manchester City and Paris Saint-Germain – in action. It was only thanks to an error from Girona goalkeeper Paulo Gazzaniga that PSG, beginning its latest quest for a maiden Champions League title, claimed the narrow victory in the 90th minute. City and Inter play out goalless draw in rematch of 2023 finalThe rematch of the 2023 Champions League final was expected to be the most exciting game of the night, seeing the English and Italian champions go head-to-head. Paul Ellis/AFP/Getty Images“We have the advantage to play at home, but I admire teams (like Inter) who defend well,” said City manager Pep Guardiola. Shakhtar, which will play its Champions League home games in Germany this season, had the best scoring chance early in the match, but Georgiy Sudakov’s penalty was saved by Bologna goalkeeper Łukasz Skorupski.

Persons: Germain –, Here’s, ”, Luis Enrique’s, Paulo Gazzaniga, Gazzaniga, Nuno Mendes, Ousmane Dembélé, Ladislav Krejčí’s, Enrique, Kylian Mbappé, “, “ They’re, doesn’t, İlkay Gündoğan, Yann Sommer, Erling Haaland, Kevin De Bruyne, Simone Inzaghi, Paul Ellis, Pep Guardiola, Jamie Gittens, Marcel Sabitzer, Gittens ’, Serhou Guirassy, Georgiy, Łukasz Skorupski, Giovanni Fabbian, Dmytro Riznyk, Tullio Puglia, Germain Organizations: CNN, League, Manchester City, Paris Saint, Europe, PSG bemoans, PSG, Girona, Champions League, Parc des Princes, Real, City, Inter, City –, Istanbul –, Inter Milan, Etihad, Man, Getty, Arsenal, Premier League, Milan, Derby, Madonnina, Borussia Dortmund, Club Brugge, Brugge, Dortmund, Schwarzgelben, Shakhtar Donetsk, Bologna, Shakhtar, UEFA, Shakhtar Donetsk Sparta Prague, Salzburg Paris Saint, Borussia Dortmund Celtic, Slovan Bratislava Manchester City Locations: Paris, Parc des, Real Madrid, Istanbul, AFP, England, Ukraine, Germany, Italy, Bologna

The game might be a little hard to find on TV, so we've put together everything you need to know about how to watch the Atlanta Dream vs. New York Liberty online. The New York Liberty leads the league this year with an impressive 32-7 record. Right now, the Atlanta Dream is in the elusive eighth spot in the league, meaning they're tentatively matched up with New York for the Playoffs. How to watch Atlanta Dream vs. New York Liberty in the USThe Atlanta Dream vs. New York Liberty game will air on Thursday at 7 p.m. How to watch Atlanta Dream vs. New York Liberty from anywhereBasketball fans traveling outside the US can keep up with their streaming subscriptions with the help of a VPN (virtual private network).

Persons: we've, they'll, ExpressVPN Organizations: Business, New York Liberty, Atlanta, The New York Liberty, Liberty, Chicago Sky, Washington Mystics, Sky, Washington, Mystics, Chicago, NBA, MLB Network, Tennis Channel, Basketball Locations: New, Atlanta, New York

☆ European markets set to open higher following Fed cut; Bank of England rate decision in focus
▼ + stars: | 2024-09-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Bank of England in the City of London as economists and mortgage holders await this week's interest rate announcement on 28th July 2024 in London, United Kingdom. LONDON — European markets were poised to open higher as investors digested the U.S. Federal Reserve's first interest rate cut in four years and looked ahead to the Bank of England's rate decision later in the session. Back in Europe, investor attention is now turning to the Bank of England, with the central bank largely expected to hold rates steady at 5%. The Fed's jumbo rate cut is unlikely to impact the Bank of England, according to economists, as the central bank ratified its decision around lunchtime Wednesday, hours before the U.S. announcement. Also on Thursday, Norway's central bank will deliver its latest interest rate decision.

Persons: Germany's DAX, Tiina Lee, CNBC's Organizations: of England, City of, LONDON, . Federal, Bank of, FTSE, France's CAC, Fed, Bank of England, Citi UK Locations: City, City of London, London, United Kingdom, ., Trading, Asia, Europe, U.S, Norway's

☆ This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say
▼ + stars: | 2024-09-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Talen's surge comes on the back of its deal to sell a data center campus to Amazon Web Services and supply the facility with nuclear power from the Susquehanna station northwest of Allentown, Pennsylvania. The deal is viewed as a trailblazing agreement for the power industry, and Wall Street has taken notice. A year ago, Talen was not covered by any Wall Street analysts, according to FactSet data. And Talen's assets are located almost entirely in the PJM grid, a predominantly mid-Atlantic region where power prices are expected to explode as demand outstrips supply due in part to growing data center load. Data center developers are expected to spend $250 billion annually on data centers, Barclays analyst Nicholas Campanella said in a note this week.

Persons: Talen, Shahriar Pourreza, Pourreza, TLN, William Appicelli, Nicholas Campanella, Campanella, amortization, Appicelli Organizations: Talen Energy Corporation, Amazon Web Services, Street, Barclays, Guggenheim, Jefferies, UBS, Susquehanna, Talen Energy, AWS, American Electric Power, AEP, Federal Energy Regulatory Commission Locations: Susquehanna, Allentown , Pennsylvania, Wednesday's

☆ A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households
▼ + stars: | 2024-09-19 | by ( Eliza Relman | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

The HOMES Act would establish a new federal housing development authority charged with building and rehabilitating more than a million permanently affordable homes. This so-called "social housing" is notably different from traditional public housing, which is entirely reserved for the poorest households. Rent for all tenants in social housing would be capped at 25% of their income. "There is another way: social housing," Ocasio-Cortez and Smith said in their op-ed. And in California, lawmakers introduced a bill to construct mixed-income social housing on government-owned land.

Persons: —, Alexandria Ocasio, Sen, Tina Smith, Cortez, Gianpaolo Baiocchi, Smith, Baiocchi, Emily Gallagher's, Kamala Harris, she's, Donald Trump, Smith —, Harris, Walz Organizations: Service, New, New York Democrat, Minnesota Democrat, Senate, Business, Urban Democracy Lab, New York Times, New York Locations: Alexandria, Cortez, New York, Minnesota, New, California, Vienna

☆ Japan's Nikkei leads Asia-Pacific markets higher as investors digest outsized Fed rate cut
▼ + stars: | 2024-09-19 | by ( Anniek Bao | In | ) www.cnbc.com time to read: 1 min

The Hong Kong Monetary Authority is displayed outside Two International Finance Centre in Hong Kong on June 19, 2013. Japan's Nikkei 225 led Asia-Pacific markets higher Thursday, as traders assessed the Federal Reserve's decision to cut interest rates by a half-percentage point. The Fed lowered its benchmark borrowing rate by a half percentage point, bringing its target range to 4.75% to 5%. In lockstep with the Fed, the Hong Kong Monetary Authority cut its interest rate by 50 basis points to 5.25, as the city's currency is pegged to the greenback. Hong Kong markets will return to trade after being closed for a public holiday on Wednesday.

Persons: Hong Organizations: Hong, Hong Kong Monetary Authority, International Finance, Japan's Nikkei, Nikkei, U.S ., Fed Locations: Hong Kong, Asia, Pacific

☆ Why Trump’s election fraud falsehoods might cost the GOP the House
▼ + stars: | 2024-09-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —Donald Trump’s obsession with election fraud that doesn’t exist in any significant form could drive the country into a government shutdown — and may even put the Republican House majority at risk. But given the tiny House GOP majority and Trump’s looming presence, every step the speaker takes will be perilous – especially if he hopes to cling to his job if Republicans succeed in holding the House in November. Trump seems to be setting the GOP up for an intra-party fight that could turn into a disaster in November. Win McNamee/Getty ImagesA potential self-inflicted wound for the GOP in Trump’s birth stateIronically, Trump was on Wednesday in the state where his stand could wreak the most political damage for House Republicans. Johnson has been happy to indulge Trump’s voter fraud claims – both after the 2020 election and this cycle.

Persons: Donald Trump’s, Mike Johnson, Trump, Johnson, shutdowns, isn’t, Mitch McConnell, ”, Win McNamee, Mike Lawler, Kaitlan Collins, ” Lawler, Marc Molinaro, ” Molinaro, –, we’ll, Marjorie Taylor Greene, Johnson –, —, Kevin McCarthy, Kamala Harris, Republicans don’t, Donald Trump, Frank Franklin II, it’s, relishes, Harris, Joe Biden’s, ” Trump Organizations: CNN, Republican, GOP, Democrats, Capitol, House Republicans, Congressional, New York Republican, Louisiana Republican, Georgia Republican, Democratic, Social Network, Republicans, SAVE, Nassau Coliseum, Trump, New, New York, State, Teamsters Union, “ Locations: Washington, Kentucky, New York, Uniondale, Uniondale , New York, Long, New York City, New, Florida

☆ Kamala Harris' old apartment is on Airbnb from $6,000 a month — and we know at least one person who rented it
▼ + stars: | 2024-09-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Read previewTwenty years ago, inside a humble one-bedroom apartment in San Francisco's South of Market neighborhood, Kamala Harris might've one day dreamed of running for president. Ji has listed the apartment on Airbnb with a minimum of 30-night stays and advertises the "amazing opportunity to live inside the home previously owned by Vice President Kamala Harris." He's even added a commemorative wall with photos from her career, including the day she was sworn in as vice president, according to the listing. Setty served South Indian dishes to guests as they watched Harris debate former President Donald Trump, the Times said. The Times reported that Setty called Harris a "rock star" when talking with other supporters at the debate party.

Persons: —, Kamala Harris might've, Harris, Joe Biden, Zhengtao Ji, David, wasn't, Ji, Kamala Harris, hasn't, Lata Setty, Setty, Donald Trump Organizations: Service, Democratic, The New York Times, Business, Times, The Times, Naval Observatory Locations: San Francisco's, Market, California, Brentwood, Los Angeles, Washington, DC

CNN —A senior adviser to Israeli Prime Minister Benjamin Netanyahu has presented to the Biden administration a new proposed ceasefire and hostage deal with Hamas, an Israeli official told CNN. Reactions to the proposal have widely been that it will be a non-starter for Hamas, which has not commented on it. It is unclear whether the proposal addresses the presence of Israeli troops in Gaza after a ceasefire and hostage deal – a key sticking point in stalled negotiations. The Hostages Families Forum, which has been scathing about Netanyahu’s approach to hostage negotiations, welcomed the proposal. They cited Israel’s assassinations of Hamas leaders in foreign capitals, and said they believed Sinwar would prefer to die fighting Israel than to leave Gaza.

Persons: CNN —, Benjamin Netanyahu, Biden, Gal Hirsh, Netanyahu, Yahya Sinwar, Kan, Joe Biden’s, Hirsh, Roger Carstens, Gershon Baskin, Sinwar, ”, ” Baskin, Hitler, ” Hirsh Organizations: CNN, Hamas, Families, United Nations General Assembly Locations: Gaza, Israel, Israeli, Lebanon, New York, “

☆ I quit Amazon after I cracked the code for promotions. It took me 14 years to become a principal engineer — here's how.
▼ + stars: | 2024-09-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

After multiple swift promotions that led me to become a senior software engineer by 2012, I found myself in a career rut. He knew of a job opening at Amazon for a support engineer role and guaranteed me he could snag me an interview. I slowly networked my way into monthly software engineer meetings and steadily expanded my frontier of exposure within the group. Then I asked my new software engineer friends to give me mock interviews. I miss writing code.

Persons: —, Steve Huynh, there's, didn't, I'd, Tess Martinelli Organizations: Service, Business, University of Washington, Amazon, Software, Ticketmaster, YouTube, Big Tech Locations: Seattle , Washington, tmartinelli

☆ Hong Kong central bank cuts interest rate, tracks Fed move
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +1 min

People wearing face masks walk by the Hong Kong Monetary Authority on March 4, 2020 in Hong Kong. HKMA said the U.S. interest rate cut will have a positive impact on the economy of the Asia financial center and will provide some room for easing of local interest rates. "In Hong Kong, our financial and monetary markets have continued to operate in a smooth and orderly manner. "The rate cut cycle has just begun, interest rates will remain at relatively high level in the foreseeble future. The public should carefully assess and continue to manage the interest rate risk when making property purchase, mortgage or other lending decisions," Lee added.

Persons: HKMA, Howard Lee, Lee Organizations: Hong Kong Monetary Authority, Hong, HK, U.S ., U.S . Federal Reserve, Hong Kong Locations: Hong Kong, United States, U.S, Asia

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Apple, Nio, DoorDash, Robinhood, Alphabet, Micron & more
▼ + stars: | 2024-09-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley reiterates Apple as overweight The firm said iPhone 16 demand may not be as bad as feared after comments from the T-Mobile CEO. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's bullish on the EV company as Nio unveils its latest mid-sized family model, the L60. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's concerned about the company's robotaxi event but that it's standing by the stock. Morgan Stanley downgrades Elanco to equal weight from overweight Morgan Stanley said it "lacks conviction" in shares of the pet biopharma company. "We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).

Persons: Morgan Stanley, Apple, TMUS, Piper Sandler, Robinhood, Piper, KeyBanc, Redburn, Mizuho, Raymond James, Nio, it's bullish, TD Cowen, Cowen, Tesla, it's, Hertz, Wells, Morgan Stanley downgrades Elanco, rideshare Organizations: Mobile, Apple Intelligence, JPMorgan, Gas Sciences, Kodiak Gas Services, Talos Energy, Northern Oil, Nio, Micron, Barclays, UW, Laboratories, Abbott Laboratories, Outfront Media, " Bank of America Locations: Kodiak

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