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CNN —Nicole Kidman has worked with some amazing directors, but there’s one she has not. In a recent interview with Vanity Fair, the Oscar-winning actress was asked about her AFI Lifetime Achievement Award’s speech in which she listed some of the filmmakers she’s worked with. “Is there anyone you have your eye on who you haven’t worked with and want to?” Kidman was asked in her interview. “I’ve always said I want to work with [Martin] Scorsese, if he does a film with women,” Kidman said. Kidman rounded her list out in the interview by mentioning her desire to work with directors Kathryn Bigelow, Spike Jonze, Paul Thomas Anderson and Michael Haneke.
Persons: CNN — Nicole Kidman, Oscar, she’s, Jane Campion, Sofia Coppola, Stanley Kubrick, Gus Van Sant, haven’t, ” Kidman, “ I’ve, Martin, Scorsese, , Liza Minnelli, Alice Doesn’t, Ellen Burstyn, Kidman, Kathryn Bigelow, Spike Jonze, Paul Thomas Anderson, Michael Haneke Organizations: CNN, AFI Locations: York , New York
Small-cap stocks could see a monster rally ahead if they break above a key level. The Russell 2000 hit a high of 2,441.72 on Monday, just a hair below the November 2021 closing high of 2,442.74 before pulling back Tuesday and Wednesday. Small caps have been on a tear since the presidential election last week, after Donald Trump secured a second term. The Russell 2000 is up about 4.5% since the election, outperforming its large-cap counterparts. .RUT 5Y bar Russell 2000 less than 1% from record The technical strategist noted that move may not happen immediately.
Persons: Russell, Wolfe, Rob Ginsberg, Donald Trump, Yun Li Organizations: Wolfe Research, Dow Jones, Nasdaq
Trump’s transition team includes close to 100 people, with some working at Mar-a-Lago and others at the campaign office in Palm Beach and in Washington. Andrew Harnik/Getty ImagesInside Trump’s transitionTrump’s transition effort had begun with relatively orthodox choices — including Wiles, who led Trump’s campaign, as chief of staff. Much like his defense secretary pick, Trump had also grown frustrated with his options for attorney general. The role of attorney general has long been viewed by Trump as one of, if not the, most important positions he would fill. CORRECTION: This story has been corrected to properly reflect the process by which Donald Trump considered candidates for attorney general.
Persons: Donald Trump’s, Pete Hegseth, Tulsi Gabbard, Matt Gaetz, , Trump, firebrands —, elect’s, MAGA, , , ” Trump, Joe Biden, Mike Johnson, South Dakota Sen, John Thune, Elon Musk, Tesla, he’d, strode, Chris Christie’s, Susie Wiles, Wiles, Donald Trump, Andrew Harnik, Monday Trump, Florida Sen, Marco Rubio, Gabbard, Steve Bannon, ” Bannon, Donald Trump Jr, Richard Grenell, Rubio, Tony Hinchcliffe denigrated, JD Vance, Vance, Brian Snyder, Department —, Kamala Harris, Mark Paoletta, Andrew Bailey, Justice Department —, Jeff Sessions, William Barr, Department’s, Kevin McCarthy, Todd Blanche, Blanche, Nathan Howard, Gaetz, McCarthy, ” Gaetz, Gaetz’s, “ We’re, ” Johnson, Trump’s, Alaska Sen, Lisa Murkowski, Justice Department . Maine Sen, Susan Collins, Texas Sen, John Cornyn, Thune, Sen, Mike Rounds, ” Rounds, Kaitlan Collins, Annie Grayer, Danya Gainor, Holmes Lybrand, Dana Bash, Haley Talbot, Jeremy Herb, Katie Bo Lillis, Ted Barrett, Manu Raju, Sarah Ferris, Pamela Brown Organizations: CNN, Fox News, Hawaii Democratic, Republican, , Wednesday, Washington, Hill, South, GOP, Elon, House Republicans, DC, SpaceX, Department of Government, Trump, New, New Jersey Gov, Mar, Hyatt, Monday, Democratic, Army National Guard, US Army Reserve, America, Florida Republican, Tony Hinchcliffe denigrated Puerto Ricans, State Department, Base Andrews, Reuters, Department, Justice Department, White House, Republicans, Capitol, U.S . Capitol, Senate, Justice Department ., Texas, South Dakota Republican Locations: Florida, Washington, South Dakota, Trump’s, New Jersey, Palm Beach, Washington ,, Syria, Russia, Tony Hinchcliffe denigrated Puerto, Madison, Maryland, U.S, Missouri, Manhattan, Trump, Alaska, Justice Department . Maine
The Trust portfolio is what we use for the CNBC Investing Club. Back in April 2018, Trump ruled then-Twitter — now X and under the ownership of Trump efficiency czar Elon Musk . It was labeled "Trump stock" and a professional announcer, the deep-voice guy we used to use all of the time at the network, recorded it. I pushed the button whenever I was sure that a stock could somehow do well under the first Trump administration. There was no "Trump Stock," "Trump Stock" button pressing for Amazon that day.
Persons: Donald Trump, Trump, He's, Elon Musk, Lisa, Jeff Marks, Jeff, , Mark Zuckerberg, Zuckerberg, Jim Cramer's, Jim Cramer, Jim, Republican Donald Trump, Andrew Kelly Organizations: Dow Jones, Trump, CNBC, Twitter, Amazon, Facebook, Meta, New York Stock Exchange, Republican, U.S Locations: Bahamas, Butler , Pennsylvania, U.S, New York City
WASHINGTON — President-elect Donald Trump stunned Senate Republicans by announcing Wednesday that he will nominate Rep. Matt Gaetz, R-Fla., to be attorney general. Some Senate Republicans said the process won’t be smooth sailing. Sen. Lisa Murkowski, R-Alaska, said it will be “a significant challenge” for Gaetz to win enough votes to be confirmed. I can’t even believe it.”Sen. Richard Blumenthal, D-Conn., a member of the Judiciary Committee, said Gaetz lacks basic qualifications for the job. “We met with President Trump and said, ‘Please, no more House members after Matt Gaetz,’” Scalise said.
Persons: Donald Trump, Matt Gaetz, Sen, Lisa Murkowski, Gaetz, , That’s Lisa Murkowski’s, ” Murkowski, ” Sen, Joni Ernst, “ He’s, John Cornyn, , ” Cornyn, Cornyn, we’ll, Thom Tillis, Susan Collins, Collins, there’s, Kevin Cramer, Katie Britt, Ron Johnson, Pete Ricketts, didn’t, Trump’s, Chris Coons, Peter Welch, Joe Manchin, Richard Blumenthal, Conn, ” Blumenthal, John Fetterman, it’s, Mike Simpson, Simpson, Steve Scalise, he’s, President Trump, ” Scalise, Max Miller Organizations: WASHINGTON, Trump, Senate, Pennsylvania Senate, Republicans, Committee, House, Locations: Pennsylvania, Alaska, Iowa, Texas, Maine, Idaho, Ohio
Quincy Jones’ cause of death revealed
  + stars: | 2024-11-13 | by ( Dan Heching | Cheri Mossburg | ) edition.cnn.com   time to read: +4 min
Bob Parent/Hulton Archive/Getty Images Jones performs with his band in Vienna, Austria, in 1960. brandstaetter images/Hulton Archive/Getty Images Jones works with Frank Sinatra on a soundstage in 1964. Benainous/Reglain/Gamma-Rapho via Getty Images Jones poses with the six Grammys he won in 1991. Patrick Kovarik/AFP/Getty Images Jones and Oprah Winfrey appear on the red carpet together at the Academy Awards in 1995. Lois Bernstein/AP Jones poses for a photo with his daughters Kidada Jones and Rashida Jones in 2005. Charley Gallay/Getty Images Jones poses for a portrait during the Toronto Film Festival in 2018.
Persons: Quincy Jones, Jones, Ray Charles, Frank Sinatra, Michael Jackson, Bobby Holland, Michael Ochs, Bob Parent, John Dominis, Duke Ellington, David Redfern, Peggy Lipton, Shutterstock Jones, Doug Pizac, Lou Rawls, Ron Galella, Stevie Wonder, Sunny Bak, Will Smith, Miles Davis, Courtney Sale Ross, Richard Corkery, Eddie Murphy, Rick Maiman, Patrick Kovarik, Oprah Winfrey, Lois Bernstein, Kidada Jones, Rashida Jones, Donato Sardella, Kevin Mazur, Barack Obama, JIM WATSON, Michael Caine, Denise Truscello, Naomi Campbell, Charley Gallay, Chris Pizzello, , Lisa Respers France, Alli Rosenbloom Organizations: CNN, Associated Press, Michael Ochs Archives, Getty, CBS, HBO, United Negro College Fund, Lille, Montreux Jazz, Academy, Jones, White House, Toronto Film, Theatre, Abaca Press, AP, Recreation Locations: Bel Air , California, Los Angeles, Vienna, Austria, Redferns, Beverly Hills, Cannes, France, Switzerland, AFP, Haiti, Hollywood, Las Vegas
As bitcoin shoots to new heights, some stocks that trade closely with the digital currency could also see their fortunes rise. Against that backdrop, CNBC Pro screened for stocks that have the highest positive correlation with bitcoin over the past 60 days, meaning they could rise in tandem. Fellow crypto miner Riot Platforms was also on the list with an 81% correlation to bitcoin. Lesser-known names that could see a boost on further bitcoin appreciation include crypto miners Bitdeer Technologies and Hut 8 . Bitdeer has a 67% correlation to the digital currency, while Hut 8's correlation coefficient is nearly 0.7.
Persons: Bitcoin, Donald Trump, Trump, bitcoin, Mark McLaughlin, Cryptocurrency, Mara Holdings, Cantor Fitzgerald, Mara, Brett Knoblauch, MARA, Bitdeer Organizations: cryptocurrencies, CNBC Pro, New York Stock Exchange, Nasdaq, Bank of America, Bitdeer Technologies
My high-achieving high school senior had been avoiding her college applications. AdvertisementMy high school senior is typically a happy, easygoing kid who set her sights on graduating in the top 50 of her class before her first day of freshman year. Many high school graduates in our small city go to the local college for two years, then transfer to a University of California or California State school. It's an affordable route that would relieve the pressure, but she said no; she wanted a four-year college experience. My goal was to talk about college only during those scheduled times unless a deadline needed to be met during the week.
Persons: , Lisa McLaughlin, McLaughlin, she's Organizations: Service, University of California, California State, California Girls State Locations: Texas, California
Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.
Persons: Lisa Kauffman, Kauffman, , I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York
Edsall was found 200 miles east of Christmas Island, south of Java, by the Royal Australian Navy. Edsall served valiantly during WWII, most notably in the early Pacific campaign. The Australian navy made the surprise discovery while conducting an unrelated and unspecified mission in the area. Its staff used "advanced robotic and autonomous systems normally used for hydrographic survey capabilities to locate the U.S.S. A famous photograph was taken on board a Japanese ship of the Edsall being blown out of the water, later to be used in Japanese propaganda.
Persons: Edsall, Joshua Nix, Caroline Kennedy, Mark Hammond, Kennedy, Hammond, Lisa Franchetti, Jim Nix, , Nobody, Organizations: Royal Australian Navy, Veterans, Darwin, U.S . Navy, U.S . Army Air Force, Washington Post Locations: Pacific, Christmas, Java, Pearl, U.S, Australia, Britain, Dallas
Tech companies that source a large part of their supplies from China could suffer under a second Trump term, according to Citi. Citi analyst Atif Malik shared a basket of stocks that have China manufacturing exposure and could therefore face ramifications going forward. While the company has a very high exposure to Chinese manufacturing, Malik said that Apple is currently making efforts to diversify its supply chain. "China is the main manufacturing location for Apple with more than 90% manufacturing in China, in our estimates," the analyst said. "Manufacturing is primarily conducted through contract manufacturers and original design manufacturers with manufacturing locations in China, Malaysia, Mexico, Taiwan, and Vietnam," he added.
Persons: Donald Trump, Trump, Mike Johnson, Atif Malik, Malik, Apple Organizations: Tech, Trump, Citi, Biden, Republican, Logitech, Apple, Juniper Networks, Western Digital Locations: China, India, Malaysia, Mexico, Taiwan, Vietnam, Corning
Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could rise above $100,000 before the end of 2024. Kalshi data on Tuesday showed that 60% of users are betting that bitcoin could hit the $100,000 mark before January. The digital currency has rallied more than 28% since the U.S. presidential election last Tuesday. The prediction markets were volatile ahead of the election, but they were generally more bullish on Trump than traditional polling. However, odds and gambling platforms do not use methodologies used by traditional political polling, and therefore are not substitutes for political polls.
Persons: Donald Trump, Bitcoin Organizations: Commodity Futures Trading Commission, Trump, Metrics
Big rigs make up just 10% of the vehicles on the road, but they account for nearly 30% of total vehicle carbon emissions. Now one startup, California-based Range Energy, is focused not on the tractor but the trailer. said Ali Javidan, CEO of Range Energy. "When I push this button to activate the system, the trailer follows me," Javidan said as he demonstrated the system. Range Energy has raised $31.5 million so far, and it is backed by R7, UP.Partners, Trousdale Ventures and Yamaha Motor Ventures.
Persons: Ali Javidan, Javidan, Ricky Souza, Souza, There's, Tyler Engh, Engh, Lisa Rizzolo Organizations: Volvo, Freightliner, Tesla, Range Energy, Energy, Northern, Trousdale Ventures, Yamaha Motor Ventures, CNBC Locations: California, United States, Northern
Live Nation Entertainment — Shares jumped 5% after the live music and entertainment company posted an earnings beat for the third quarter. Twilio — Shares moved 1.7% higher following an upgrade at Wells Fargo to overweight from equal weight. IAC — Shares rose 3% on news that IAC its weighing a spinoff of home improvement marketplace Angi. Shares rose more than 4% last week on the heels of the president-elect's victory. SentinelOne — Shares rose 1.6% after Deutsche Bank upgraded shares to buy from hold, saying the July outage related to CrowdStrike can help add to SentinelOne's momentum.
Persons: Elliott, Twilio, bitcoin, Robinhood, Microstrategy, Okta, — CNBC's Hakyung Kim, Michelle Fox, Lisa Han, Sarah Min, Jesse Pound Organizations: Honeywell —, Elliott Management, Honeywell, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank Locations: Wells
Source: NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThe stock market is riding high on Trump's election victory. The postelection stock rally, however, is likely to stay strong for now. It's hard to go wrong following the age-old rules for investing in the stock market: Be in it for the long term, diversify and look at fundamentals like earnings and valuation.
Persons: HSI, it's, Morgan Stanley, Lisa Shalett, John Stoltzfus, Shalett, CNBC's Brian Evans, Alex Harring Organizations: New York Stock Exchange, CNBC, Dow Jones, Apple, Microsoft, Nasdaq, Dow, Republicans, Morgan, Morgan Stanley Wealth Management's, Oppenheimer Asset Management
Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion. Live Nation Entertainment — The live music and entertainment company gained 4% after posting a third-quarter earnings beat. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Sea — Shares surged 1.7% after the tech company reported a third-quarter revenue beat. Mosaic — Shares slid 9% after the chemicals company reported disappointing quarterly results.
Persons: Twilio, Wells, Wells Fargo, Donald Trump's, SentinelOne, Tyson, StreetAccount, On's, FactSet, Mosaic, Clint Freeland, Luciano Siani Pires, Scott Strazik, Strazik, Donald Trump, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh Organizations: Entertainment, Honeywell, Elliott Management, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank, Tencent, Shift4 Payments, GE, Financial Locations: , Swiss
CNN —Timothée Chalamet has shared a story that makes clear women in Hollywood aren’t the only ones being judged for their physical appearances. The “Dune” star talked to Apple Music’s Zane Lowe about his experience early in his career. “If I auditioned for ‘The Maze Runner’ or ‘Divergent,’ things of that variety that were popping when I was coming up, the feedback was always, ‘Oh, you don’t have the right body,’” Chalamet said. “Those were smaller budget, but very — I don’t know how else to put it — personable movies that started in this theater space,” he said. “This is where I found my rhythm, my confidence, my flow, whatever you want to call it.”“A Complete Unknown” hits theaters on Christmas Day.
Persons: Timothée Chalamet, Apple Music’s Zane Lowe, ” Chalamet, , , Bob Dylan, , Chalamet, Dylan, “ Wonka Organizations: CNN, Hollywood Locations: Minnesota, Bob
But holding the White House and Senate majority for another few weeks doesn’t guarantee Democrats will have an easy time processing the final batch of Biden appointees. “There is a push across the board from the White House and the Senate for Democrats to show up and do the job they were elected to do,” a senior White House official, asking for anonymity to speak candidly, told CNN. The White House official pointed to how Republican Texas Sen. John Cornyn on Saturday promised “no weekends, no breaks” to confirm Trump’s Cabinet once he took power, and the White House official encouraged Democrats to show that dedication to judges in Biden’s final stretch. “Regardless of party, the American people expect their leaders to prioritize the rule of law and ensuring the criminal justice system can function effectively in every stated,” said White House spokesperson Andrew Bates. There are around nine – depending on what the calendar will allow – other Biden nominees who could still come through committee.
Persons: Joe Biden’s, Biden, Donald Trump, Trump’s, he’s, Trump, , Sonia Sotomayor, Sotomayor, Democratic Vermont Sen, Peter Welch, ” Maggie Jo Buchanan, ” Buchanan, Republican Texas Sen, John Cornyn, , New Jersey Sen, George Helmy, West Virginia Sen, Joe Manchin, Adeel Mangi, Adeel Abdullah Mangi, Tierney L, Mangi, Carl Tobias, ” Tobias, ” Trump, Andrew Bates, Barack Obama’s, , Dick Durbin of, Julia Lipez, Karla Campbell, Susan Collins, Lisa Murkowski, Sarah Netburn, Georgia Democratic Sen, Jon Ossoff, ” Sen, Richard Blumenthal, CNN’s Morgan Rimmer Organizations: CNN, Supreme, Senate, Committee, White, Democratic, Democrats, White House, Demand, Republican, Trump’s, Bloomberg, Getty, University of Richmond School of Law, Biden, Senate Republicans, GOP, Dick Durbin of Illinois, Sixth Circuits, Georgia Democratic Locations: Democratic Vermont, Republican Texas, New Jersey, West, Washington ,, Washington, Sens, Connecticut
Cboe Global Markets could benefit from the postelection volatility spike, according to Deutsche Bank. Analyst Brian Bedell upgraded the exchange stock to buy from hold and raised his price target to $222 from $211. Bedell said Cboe should maintain healthy revenue growth into at least 2025. Further product innovation and greater adoption of options usage, such as at Robinhood, should also contribute to greater organic revenue growth, Bedell added. Stronger revenue growth should eventually enable positive operating leverage, allowing the company to outperform existing expectations of operating margin stability.
Persons: Brian Bedell, Bedell, Cboe Organizations: Cboe, Deutsche Bank Locations: Robinhood
‘Yellowstone’ says goodbye to Kevin Costner
  + stars: | 2024-11-11 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +2 min
Editor’s Note: This story contains spoilers for the debut of the second half of Season 5 of “Yellowstone.”CNN —We now know the fate of Kevin Costner’s John Dutton in “Yellowstone.”The long-delayed second half of Season 5 debuted Sunday. Moments into the episode, the audience learns that Dutton, the patriarch of the family, had died from a gunshot wound. Costner confirmed in June that he would not be returning for the new season. The actor made the announcement in a video he shared on Instagram. “Yellowstone” viewers took to social media to lament the loss of Costner’s character and how he was written out of the show.
Persons: CNN —, Kevin Costner’s John Dutton, Dutton, Sarah Atwood, Dawn Olivieri, Jamie Dutton, Wes Bentley, Costner, , ” Costner, I’m, , that’s, ” Luke Grimes, Kayce Dutton, ” Grimes Organizations: CNN, Yellowstone, Independent, Paramount Locations: Yellowstone, “ Yellowstone
Crypto stocks — Crypto stocks extended last week's gains as investors basked in the honeymoon period between election day and inauguration day. Coinbase shares jumped 20% and were trading above $300 for the first time since 2021. Wells Fargo jumped 4%, while Bank of America and Morgan Stanley each rose more than 2%. Valley National Bank — Shares popped almost 5% after JPMorgan upgraded the New York-based regional bank to overweight from neutral. Cboe Global Markets — Shares advanced nearly 2% on the back of Deutsche Bank's upgrade to buy from hold .
Persons: Tesla, Trump, Elon Musk, Ernst & Young, MARA, Morgan Stanley —, Wells Fargo, Morgan Stanley, Donald Trump, Tom Homan —, Trump's, Cigna, RadNet, Anthony Elian, Alex Harring, Tanaya Macheel, Jesse Pound, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Bristol, Myers Squibb, Super, MARA Holdings, Bank of America, Geo, U.S, Immigration, Customs, Trump Media & Technology, Trump, Humana, GE HealthCare, Bank, JPMorgan, Cboe, Deutsche, Deutsche Bank Locations: Wells Fargo, York
Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300. A Trump win will further clear the federal regulatory spiderweb that Tesla has encountered over the past few years. A Trump win also means a more bearish outlook for the overall electric vehicle industry, since it is more likely that rebates and tax incentives will be pulled. TSLA YTD mountain TSLA YTD chart
Persons: Dan Ives, Ives, Donald Trump's, Elon Musk, Tesla, Trump, Musk Organizations: Tesla, Trump, Trump White House, EV Locations: Wedbush, China
Nvidia is a 'most-own' stock, according to Piper Sandler. The investment firm named the semiconductor giant its top large-cap pick, citing the launch of Nvidia's upcoming Blackwell chip and lead within artificial intelligence computing. Analyst Harsh Kumar stood by his overweight rating on the stock and raised his price target to $175 from $140. Additionally, Nvidia's Blackwell chip should become available in the first quarter of next year and could bring in between $5 billion to $8 billion in revenue, Kumar said. "As supply improves, we see more customers coming on for Blackwell beyond initial hyperscaler adoption in the following April quarter," Kumar wrote.
Persons: Piper Sandler, Harsh Kumar, Kumar, Nvidia's Blackwell, Grace Blackwell Organizations: Nvidia, Blackwell, Microsoft, Meta
Many Americans have been holding back from jumping into the housing market in the hopes that mortgage rates will decline. The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say. “Sixes are the new normal,” said Lisa Sturtevant, chief economist at Bright MLS, a mortgage listing services group, referring to 6% mortgage rates. It’s really not going to be impacting mortgage rates at all.”Mortgage rates work differently. When demand for those increases, mortgage rates tend to fall.
Persons: Donald Trump’s, , Lisa Sturtevant, Brian Rehling, Trump, Mike Fratantoni, ” Fratantoni, Helene, ” Samuel Tombs, Tombs, Sturtevant, “ It’s Organizations: Federal, Bright MLS, Federal Reserve, Wells, Investment Institute, , U.S, Mortgage, Association, , National Association of Realtors, Pantheon, NBC
Insider Today: Rethinking supplements
  + stars: | 2024-11-09 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
On the agenda:But first: Inside the vacation-home tax drama in South Lake Tahoe. Brandon Olafsson/ ShutterstockFor Amanda Yen, a Business Insider fellow, her grandparent's vacation home in South Lake Tahoe is "the stuff of legend." However, a proposed annual tax measure on last Tuesday's ballot that was voted down by local residents made her family question whether they'd keep their house. What's been the initial reaction from second homeowners now that Lake Tahoe locals voted against Measure N? AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Brandon Olafsson, Amanda Yen, she'd, they'd, Amanda, What's, Amelia Richmond, Kamala Harris, they're, Steve Teshara, Rebecca Zisser, Jenny Chang, Rodriguez, Ivan, Fido Carl Godfrey, Natalie Ammari, Smart Ray, Ray, We've, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Business, Service, BI Cruises, BI, Paramount Network, tote Locations: Atlanta, peachy, South Lake Tahoe, South Lake, Lake Tahoe, Vietnam, Cambodia, New England, New York City, New York
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