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☆ This Morgan Stanley veteran is ready to be CEO — it just might be somewhere else
▼ + stars: | 2023-10-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +16 min

Morgan Stanley CEO James Gorman plans to retire by May 2024. "Cross-pollinating key leaders across our major businesses further knits the Morgan Stanley culture," Gorman wrote in a memo at the time. Morgan Stanley, which was the lead underwriter, had to step in to prop up the stock. In 2010, Morgan Stanley was picked as one of two lead underwriters — the other being JPMorgan — for the IPO of General Motors. With Morgan Stanley at the top of its game, breaking up this well-oiled team could be disastrous.

Persons: Morgan Stanley, James Gorman, Ted Pick, Andy Saperstein, Dan Simkowitz, He's, Simkowitz, Eaton Vance, Pick, Morgan, Getty, Dan, doesn't, Gorman, Morgan Stanley's, Saperstein, executive's protégé, Andy, Alex, Brown, Ted, she'd, Simkowitz's, Dean Witter Reynolds, Eaton, Calvert, Ruth Porat, Bob Scully, Fannie Mae, Freddie Mac, Will Dotson, Dan Akerson, TIMOTHY A, CLARY, Erik Gordon, Dodd, Frank, David Bieri, Gonzalo Marroquin, Patrick McMullan, Paul Taubman, Colm Kelleher, coheads, John Mack, Phil Purcell, Hayley Cuccinello Organizations: Disney, Harvard, McKinsey, Columbia Business School, Maccabiah Games, Team USA, Maccabi USA, Trenton Almgren, Davis, Lucent, Verizon, Mesa West Capital, JPMorgan, Calvert Research, Management, Facebook, Massachusetts Securities Division, Treasury, JPMorgan —, General Motors, Government Motors, General, New York Stock Exchange, Getty, University of Michigan's Ross School of Business, Citigroup, Virginia Tech, US Securities and Exchange Commission, United States Attorney's Office, Southern, of Locations: Bloomington , Indiana, Trenton, New York, Tokyo and Hong Kong, Boston, Washington, Switzerland, of New York, hcuccinello@insider.com

☆ Taylor Swift wins second consecutive video of the year award at MTV VMAs
▼ + stars: | 2023-09-13 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Taylor Swift made the whole place shimmer at the MTV Video Music Awards on Tuesday night, when she won the award for video of the year for the second time in a row. Last year, Swift won the same award for her “All Too Well (10 Minute Version) (Taylor’s Version)” music video. Tuesday’s wins come as Swift continues what’s arguably her most successful era yet, which started in 2022 when she released her 10th studio album “Midnights.”Taylor Swift at the MTV Video Music Awards in New Jersey on Tuesday. She also made an ultimately short-lived amends with West when she presented him with the Michael Jackson Video Vanguard Award that year. And in 2022, she announced that she’d be releasing “Midnights” while accepting the award for best longform video.

Persons: CNN — Taylor Swift, shimmer, Swift, Bejeweled, ” Swift, Tuesday’s, what’s, ” Taylor Swift, Timothy A, Clary, “, she’s, Kanye West, ”, Karlie Kloss, Selena Gomez, Gigi Hadid, Hailee Steinfeld, Cara Delevingne, Michael Jackson Organizations: CNN, MTV, “, Getty Locations: New Jersey, AFP

☆ Coco Gauff’s US Open victory given presidential seal of approval
▼ + stars: | 2023-09-10 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

“Congrats to U.S. Open Champion Coco Gauff,” President Joe Biden wrote on X, formerly known as Twitter. Mike Stobe/Getty Images Aryna Sabalenka of Belarus is recognized for her runner-up finish against Coco Gauff. Sarah Stier/Getty Images Sabalenka and Gauff pose for a photo with former player Billie Jean King before the match. Sarah Stier/Getty Images Gauff is introduced ahead of the match. Sarah Stier/Getty Images A US flag is unfurled during the opening ceremony for the US Open women's singles final.

Persons: Coco Gauff, Aryna Sabalenka, Venus Williams, Gauff, CNN’s Carolyn Manno, Serena Williams, “, ”, ” Gauff, “ Congrats, Joe Biden, Arthur Ashe, You’ve, ” Coco Gauff, Arthur, Mike Segar, Reuters Gauff, Mike Stobe, Sarah Stier, Shannon Stapleton, Frank Franklin II, Darren Carroll, AP Sabalenka, Danielle Parhizkaran, Al Bello, Charles Krupa, Clive Brunskill, Sabalenka, Billie Jean King, Timothy A, Clary, Michelle Obama, Laura Siegmund, Obama, Gauff’s, Bill Clinton, Venus, Serena, “ Let’s, Nicole Kidman, Amanda Seyfried, Cara Delevingne, Ariana DeBose, Diane Keaton, Mindy Kaling, Rachel Brosnahan, Jonathan Van Ness, Carlos Alcaraz, Zendaya Organizations: CNN, Wimbledon, Reuters, USTA, AP, USA, Network, Sabalenka, Gauff, Getty, WTA, Gotham Locations: American, U.S, America, Queens, Belarus, AFP

☆ Coco Gauff: Path to US Open glory opens up for American as top women's seeds fall in New York
▼ + stars: | 2023-09-05 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

6 seed Coco Gauff. Up next for Gauff in the quarterfinals is the resurgent Jelena Ostapenko, who utterly dismantled defending champion and world No. “She’s playing really great tennis. “It’s like she’s got nothing to lose, so she’s playing at her best. She played great tennis against Ons – I haven’t watched her previous matches, but, yeah, she’s playing great tennis right now.

Persons: Świątek, Jessica Pegula, Sabalenka, Coco Gauff, Jelena Ostapenko, ” Gauff, Ostapenko, Caroline Wozniacki, “, Brad Gilbert’s, ”, Ostapenko –, Świątek –, Timothy A, Clary, she’ll, Roland Garros, Gauff, I’ve, Wozniacki, Aryna, Kena Betancur, Zheng Qinwen, Jabeur, Zheng, Daria Kasatkina, “ She’s, she’s Organizations: CNN, Gauff, WTA, Getty, US, “, Monday’s Locations: New York, AFP, Rothesay, Cincinnati

☆ Four Americans set to play in US Open men’s fourth round for first time in more than a decade
▼ + stars: | 2023-09-02 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

Frances Tiafoe, Taylor Fritz, Tommy Paul and Ben Shelton will all be in action on Sunday – Paul and Shelton playing each other while Tiafoe will face Australia’s Rinky Hijikata and Fritz will take on Switzerland’s Dominic Stricker. Taylor Fritz has never reached the fourth round of the US Open before. Mike Stobe/Getty Images“We’ve all been hearing about who’s going to be the next American (after) Andy Roddick 20 years ago our entire careers. Sarah Stier/Getty Images“Obviously around the grounds, everyone is really stoked and excited about the Americans,” Paul told the Washington Post. Coco Gauff is so far the only American woman to reach the fourth round of this year’s tournament, though Madison Keys and Jessica Pegula are still in contention at time of publication.

Persons: Andy Roddick, Frances Tiafoe, Taylor Fritz, Tommy Paul, Ben Shelton, Paul, Shelton, Hijikata, Fritz, Dominic Stricker, Mike Stobe, ” Fritz, “, ”, ” Tiafoe, Arthur Ashe, France’s Adrian Mannarino, Timothy A, Clary, Taylor, he’s, Roddick, Sarah Stier, ” Paul, ’, Sloane Stephens, Coco Gauff, Madison Keys, Jessica Pegula Organizations: CNN, American, Reuters, Eurosport, “, Flushing, Getty, Washington Post Locations: Flushing Meadows, AFP, American

☆ Venus Williams suffers first-round US Open defeat, Ons Jabeur battles through illness to progress
▼ + stars: | 2023-08-30 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Venus Williams’ record-extending 24th appearance in the US Open singles draw came to an early end on Tuesday as she suffered a heavy first-round defeat against Belgium’s Greet Minnen. “My preparation was definitely minimal,” Williams told reporters after her landmark 100th US Open match. Williams was appearing in the US Open singles draw for the 24th time. 204 Sachia Vickery, as she bids to reach the third round of a grand slam for only the second time in her career. Jabeur battles through illnessElsewhere in the women’s singles draw, last year’s runner-up Ons Jabeur struggled physically in her 7-5 7-6(7-4) win against Camila Osorio.

Persons: Venus Williams, Belgium’s, Minnen, Williams, Arthur Ashe, ” Williams, ”, Tony Behar, ” Minnen, Sachia Vickery, Camila Osorio, Jabeur, Timothy A, Clary, ” Jabeur, “, Linda Nosková, Jessica Pegula, Caroline Garcia, China’s Wang Yafan Organizations: CNN, Reuters, 100th, MAG, Getty, Wimbledon, Colombian Locations: AFP, Czech

☆ Trump’s request for 2026 trial in election case based on ‘faulty’ logic, special counsel says
▼ + stars: | 2023-08-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Special counsel Jack Smith speaks to members of the media at the US Department of Justice building in Washington, DC, on August 1, 2023. Saul Loeb | AFP | Getty ImagesSpecial counsel Jack Smith argued Monday that there was no good reason why Donald Trump's federal election interference trial should be delayed until spring of 2026, as the former president is requesting. Smith previously suggested Trump's trial should start on Jan. 2. Zoom In Icon Arrows pointing outwards A graphic from a court filing from former President Donald Trump’s legal team proposing that the federal election interference trial start in April 2026. The argument from Trump's lawyers "rests on the faulty assertion that it is necessary for a lawyer to conduct a page-by-page review of discovery for a defendant to receive a fair trial," Smith wrote.

Persons: Jack Smith, Saul Loeb, Donald Trump's, Smith, Donald Trump’s, Courthouse Smith, Donald Trump, LIV, Timothy A, Clary Organizations: US Department of Justice, AFP, Getty, Washington , D.C, Courthouse, Trump National Golf Club Bedminster Locations: Washington ,, Fulton, Bedminster , New Jersey

☆ These new photos of Trump looking hella grumpy on a golf course just days before being indicted in Georgia are really something
▼ + stars: | 2023-08-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The Trump National Golf Club Bedminster was hosting the LIV Golf Invitational series tournament. The former President looked gloomy and tense while he was at his golf club last week. Trump hitting his shot from the first fairway during the pro-am prior to the LIV Golf Invitational series tournament on August 10. Trump was seen standing on the course ahead of the LIV Golf Invitational series tournament at his New Jersey golf club on August 9. Trump looking on at the 18th green during day three of the LIV Golf Invitational series tournament on August 13.

Persons: Trump, Donald Trump, Kyle Mazza, LIV, Mike Stobe, Getty Images Trump, Timothy A, Clary, Crooked Joe Biden, Rudy Giuliani, Sidney Powell, Mark Meadows Organizations: Trump National Golf Club Bedminster, LIV, Service, Trump National Golf Club, Anadolu Agency, Getty, Getty Images, Trump, New York, White House Locations: Georgia, Wall, Silicon, Bedminster, Bedminster , New Jersey, New Jersey

☆ We’re way past hard seltzer: The spiked drinks keep coming
▼ + stars: | 2023-08-05 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

What started the spiked beverage trend? Spiked beverages have been around for a while. For decades, it was “generally frowned upon” for non-alcoholic beverage brands to enter the alcoholic beverage market, Stanford said. Hard seltzer, meanwhile, had $3.8 billion in sales over the past 12 months, a 14% decline compared to last year. The nostalgia generationEvery year, the alcoholic beverage industry gets a new class of (legal) drinkers to sell to.

Persons: It’s, Casey Brooke Lawson, ”, Duane Stanford, Stanford, Jamie Wideman, Caleb Bryant, seltzer, Seltzer, Timothy A, Clary, Dan White, “, Bryant, Adam Rogers, Coke, Jack Daniel’s Tennessee, Brown, Forman, Absolut, Nielsen, Hard seltzer, who've, Ilene Bergenfeld, SunnyD Organizations: New, New York CNN, MTN, Beverage Digest, Brands, “, Molson Coors, CNN, Coca, Getty, Coors, Jack Daniel’s Tennessee Whiskey, Delight, Harvest Hill Beverage Company Locations: New York, Fresca, AriZona, Mintel, United States, AFP, Topo Chico

CNN —Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession has already set in. Consumer spending accounts for about two-thirds of economic output, so if more Americans are forced to cut back because they were laid off, that might throw the US economy into a recession. Bank of America Chief Executive Brian Moynihan told CNN last week that he expects a mild recession early next year, rather than the late 2022 recession many have predicted. That means that laid-off Americans were often able to find a new job quickly due to a hot job market.

Persons: Al Brown, Brown, it’s, ” Brown, That’s, Allison Joyce, haven’t, Nina McCollum, hasn’t, She’s, ” McCollum, ”, Thomas Simons, ” Simons, Eva Marie Uzcategui, —, Timothy A, Clary, Brian Moynihan, frustrates McCollum, Regina Walton, Walton, she’s, “ It’s, I’ve, ” Walton, “, I’m, Richard Murray, Murray, he’s, you’re Organizations: CNN, Wall, Flyers, New, New Hanover NCWorks, Workforce, Bloomberg, Getty, Investors, Jefferies, National Bureau of Economic Research, Traders, New York Stock Exchange, Bank of America, San Francisco Bay Area, Companies, Consolidated Omnibus Budget, Cascade Locations: Concord , North Carolina, America, New Hanover, Wilmington , North Carolina, Cleveland , Ohio, Miami , Florida, AFP, San Francisco Bay, “, Boston

☆ Smoke will keep pouring into the US as long as fires are burning in Canada
▼ + stars: | 2023-07-01 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

Massive fires burning in remote areas – like some of those currently burning in northwestern Quebec – are often too out of control to do anything about. Ed Jones/AFP/Getty Images Smoke from wildfires in Canada shrouds the view of the Statue of Liberty on Friday in New York. Jim Watson/AFP/Getty Images Smoke and haze is seen from the Lincoln Memorial in Washington, DC, on Tuesday, June 27. Matt McClain/The Washington Post/Getty Images Smoke from Canadian wildfires obscures the visibility in Pittsburgh on June 8. Another issue is the increase in the wildfires are caused by climate change, and are simultaneously making climate change worse.

Persons: ” Robert Gray, you’ve, they’re, “ There’s, don’t, ”, Daniel Perrakis, ” Gray, Shiraaz Mohamed, Gray, “, ” Perrakis, Ed Jones, David Dee Delgado, Gary Hershorn, Haze, Gene J, Jim Watson, Megan Smith, Kamil Krzaczynski, Cpl Marc, Andre Leclerc, Drew Angerer, Shannon Stapleton, Ronald Reagan, Saul Loeb, Matt McClain, Emmalee Reed, Hannah Beier, Mandel Ngan, New York City, Timothy A, Clary, Mike Segar, John Minchillo, Shanita Hancle, Seth Wenig, Matt Rourke, Ting Shen, Matt Slocum, Amr Alfiky, John Meore, Leah Millis, George Washington, Peter Carr, Yuki Iwamura, Kareem Elgazzar, Carlos Osorio, Frank Franklin II, Merrily Cassidy, Spencer Colby, Jason Rock, BJ Fuchs, Anne, Sophie Thill, we’ve, it’s Organizations: CNN, Canadian Forest Service, Firefighters, Getty, ” “, Nature Conservancy, Rockefeller Center, North, Corbis, PNC Park, Major League Baseball, Pittsburgh Pirates, San Diego Padres, Traffic, Chesapeake, Lincoln Memorial, USA, People, Canadian Forces, Reuters, BC, Service, Xinhua, Ronald Reagan Washington National Airport, Washington Post, Bloomberg, Capitol, Trade, AP Transit, T, Alberta Wildfire, New, New York City, Getty Images Workers, Citizens Bank, Philadelphia Phillies, New York Yankees, Empire, George Washington Bridge, New York State Thruway, Cincinnati Enquirer, Cape Cod Times, Anadolu Agency, Canadian Press, AP, Wildfire Service, Communications, Space, NASA, Reuters Firefighters, Kamloops Fire Rescue, Shining Bank Locations: Wisconsin, Vermont, North Carolina, Canada, Quebec, Canadian, British Columbia, Alberta, Ontario, Mexico, Costa Rica, Chile, Spain, Australia, New Zealand, South Africa, South Korea, France, AFP, New Jersey, Manhattan, New York, North America, New, Pittsburgh, Stevensville , Maryland, Washington ,, Chicago, Lake Michigan, Mistissini, Ronald Reagan Washington, Arlington , Virginia, Washington, Philadelphia, Elmont , New York, Baltimore, Evansburg , Alberta, Brooklyn , New York, Piermont , New York, Fort Lee , New Jersey, George, West Nyack, New York's, New York City, Cincinnati, Rock Harbor, Massachusetts, Cape Cod, Ottawa, Fort Nelson, Shelburne County , Nova Scotia, Communications Nova Scotia, Shelburne , Nova Scotia, Fort St, John, Kamloops, Shining Bank , Alberta, Lytton

☆ Ivanka Trump has 'disappeared' from Miami and will stay 'far away from daddy' as he faces indictment, report says
▼ + stars: | 2023-06-10 | by ( Kieran Corcoran | ) www.businessinsider.com time to read: +3 min

Page Six said Ivanka wants to be "far from daddy" after he was hit by another indictment. The outlet — which has a history of breaking exclusive stories about Ivanka Trump — said she "has disappeared" and "will be staying far away from daddy" as the case plays out. Former President Donald Trump and daughter Ivanka Trump on stage in Cleveland, Ohio on July 21, 2016, when she was a core part of his campaign. Insider's Sophia Ankel reported in November that Ivanka Trump's decision to help her father's campaign and then advise his administration cost her friends. A photo from Trump's indictment showing boxes piled high in a bathroom at Mar-a-Lago.

Persons: Donald Trump, Trump, Ivanka, —, Ivanka Trump, Ivanka Trump —, Jared Kushner, Timothy A, Clary, tanked, Insider's Sophia Ankel, Kel McClanahan Organizations: Department, Service, AFP, Trump, Lago . Department, Justice Locations: Miami, Cleveland , Ohio, Lago, Mar

☆ Former White House lawyer says Trump 'will go to jail' as Mar-a-Lago probe gathers momentum, per CNN
▼ + stars: | 2023-05-21 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

A former White House lawyer believes Donald Trump will go to jail, he told CNN. The DOJ is probing whether Trump obstructed justice in bringing classified documents to Mar-a-Lago. Charges connected with mishandling classified documents are punishable by up to 10 years in prison, per Reuters. Infighting within Trump's legal teamFormer President Donald Trump appears in court for an arraignment, Tuesday, April 4, 2023, in New York. While the Justice Department is probing whether Trump mishandled classified documents, it is also examining his possible efforts to interfere with the 2020 election.

☆ Concert Tees? Try Trial Merch.
▼ + stars: | 2023-05-16 | by ( Andrew Zucker | ) www.nytimes.com time to read: +1 min

Simpson stood trial for murder. “We bought a ‘Dream Team’ shirt for my dad,” Ms. Clary said, using a phrase adopted as a nickname for Mr. Simpson’s lawyers. “I got a ‘Free the Juice’ button,” she added, using a nickname for Mr. Simpson, who was found not guilty. Ms. Clary said they didn’t buy the products as a way to communicate opinions on the trial. The merchandise was meant to commemorate an event that she described as “such a big part of pop culture.”

☆ Victoria’s Secret Fashion Show Is Coming Back, This Time as a Film Without the Angels
▼ + stars: | 2023-05-09 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

The 2018 Victoria’s Secret Fashion Show. Photo: timothy a. clary/Agence France-Presse/Getty ImagesVictoria’s Secret is reinventing its lingerie-clad fashion show as a feature-length film with more diverse models, years after the company had been criticized for glorifying skinny body types. The lingerie seller is reviving its famous fashion spectacle for the first time since 2018, but this time there will be no “Angel” models in wings. Victoria’s Secret said Tuesday that it will present its new show as a pretaped film available on streaming services this fall.

☆ Most CMOs Who Leave Their Jobs Move Up, Study Finds
▼ + stars: | 2023-05-02 | by ( Patrick Coffee | ) www.wsj.com time to read: 1 min

The job of chief marketing officer has become more complex, which has opened paths higher on the corporate ladder, says Richard Sanderson, head of Spencer Stuart’s marketing, communications and sales practice in North America. Photo: timothy a. clary/Agence France-Presse/Getty ImagesThe idea that chief marketing officers face more scrutiny and have less job security than those in other C-suite positions is misleading, according to new research from executive search firm Spencer Stuart. The increasing complexity of marketing operations has created new opportunities for CMOs in recent years, with the job more likely to serve as a steppingstone to more senior positions, said Richard Sanderson , leader of the firm’s marketing, communications and sales practice in North America.

US House Speaker Kevin McCarthy arrives on Wall Street to deliver a speech on the econony at the New York Stock Exchange (NYSE) in New York on April 17, 2023. It's an unusual setting for a political speech, but McCarthy's visit Monday will echo former President Ronald Reagan's visit to the floor in 1985, his first of two as president. As Congress returns to from a two-week recess to a summery capital where the Treasury Department's mid-summer debt ceiling deadline feels tangibly closer, McCarthy finds himself in an increasingly difficult position. In a statement Monday morning in advance of McCarthy's speech, White House spokesman Andrew Bates accused the California Republican of "holding the full faith and credit of the United States hostage, threatening our economy and hardworking Americans' retirement." Meanwhile, McCarthy's own caucus of House Republicans isn't making his job any easier, since the GOP only has a slim majority.

The GOP’s plan for a one-year debt limit increase, said McCarthy, would roll back domestic, non-defense spending to 2022 levels. Through his speech, McCarthy urged Wall Street to pressure the Biden administration to accept spending cuts. He also said that he wasn’t monitoring stock market conditions as he headed into debt ceiling negotiations. McCarthy expressed concern over these developments on Monday but said the Republican debt ceiling plan could solve some of those problems. “You can utilize the debt ceiling as the opportunity to do it,” he added.

☆ A fugitive Chinese billionaire and Steve Bannon ally wants to auction sperm and eggs from unvaccinated donors on Gettr, say reports
▼ + stars: | 2023-04-01 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Fugitive Chinese billionaire Guo Wengui wants to auction sperm and eggs from unvaccinated donors. Guo, an ally of Steve Bannon and other pro-Trump Republicans, was arrested in New York for fraud in March. "Sperm and eggs from our fellow fighters will be auctioned on our Gettr platform between June 1 and June 6," Guo said, per AFP. The billionaire claimed to have gathered nearly 6,000 eggs and "millions" of sperm from unvaccinated donors – and said the sale would include his sperm too. Gettr, where conspiracy theories and misinformation run rampantThe mysterious Chinese billionaire wanted in China over fraud charges.

☆ Meet Peter Tuchman, the most photographed stock trader on Wall Street
▼ + stars: | 2023-03-25 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Peter Tuchman, one of the most recognizable stock brokers on Wall Street, has been at the NYSE for over 37 years. Tuchman, who has been at the New York Stock Exchange for nearly 38 years, is the most-photographed broker on the trading floor. Tuchman describes the New York Stock Exchange as "the delta of all information" and the "last standing human entity market in the world." He landed a summer job as a teletypist at the New York Stock Exchange days after getting back. In the midst of the craziness, the wildness, and the chaos of the stock market.

☆ Here are all 8 stocks we bought this week during the bank-driven market volatility
▼ + stars: | 2023-03-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

The Club followed through on what Jim Cramer laid out last Sunday, using this week's volatility to opportunistically buy on market pullbacks. In fits and starts, bank stocks were under pressure all week. With so many trades, eight stocks in all, here's a recap for Club members that further explains how our broader view of the market influences our buying decisions. We see EMR's market decline after the takeover news as overblown and view the stock's valuation as more attractive following a steeper decline Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ The Arnaults are betting big on K-Pop, and it shows the power of South Korea's luxury spending machine
▼ + stars: | 2023-01-31 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +6 min

Experts tell Insider this is a calculated move to tap into the booming South Korean market. A targeted move to win over the South Korean marketBTS member Jimin (left) and BLACKPINK singer Rosé. "Fashion trends tend to be created and adopted in South Korea, before being diffused to other markets in Asia," Dubois said. She also said South Korea is "increasingly known" for its K-Pop stars, movies, and shows in the US — which helps with promotions stateside too. Once the COVID situation settles, it is possible that Chinese tourists, with their spending power, return to Korea," Kim said.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ Time travel is theoretically possible, calculations show. But that doesn't mean you could change the past.
▼ + stars: | 2022-12-31 | by ( Susie Neilson | Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Time travel is possible based on the laws of physics, according to researchers. Put simply: It's theoretically possible to go back in time, but you couldn't change history. Thomas Peter/ReutersThe grandfather paradoxPhysicists have considered time travel to be theoretically possible since Albert Einstein came up with his theory of relativity. The most famous example is known as the grandfather paradox: Say a time-traveler goes back to the past and kills a younger version of his or her grandfather. Applied to the grandfather paradox, then, this would mean that something would always get in the way of your attempt to kill your grandfather.

☆ What to know about a judicial privacy bill Congress is passing with a major defense package
▼ + stars: | 2022-12-14 | by ( Tierney Sneed | ) edition.cnn.com time to read: +11 min

But the legislation is also rankling court watchdogs who contend the bill could complicate efforts to scrutinize the judicial branch for ethics issues. The bill does not displace the ethical disclosure requirements judges already face, the congressional aide noted to CNN. And it extends the threat-monitoring programs that are being offered to Article III judges to administrative judges as well. Now that the bill has been added to the National Defense Authorization Act, a massive defense package that Congress passes annually, Paul’s options for scuttling it are limited. “Because, if I am sued, someone is going to be bringing it to a federal judge.

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