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☆ How your tech stock holdings will be impacted by the election
▼ + stars: | 2024-09-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

The outcome of November's presidential election could have major implications for some popular technology stocks. Meanwhile, a victory by Vice President Kamala Harris may lead to tighter AI regulations focused on safety, ethics and protecting consumers. AI chip giant Nvidia is another likely winner in both split scenarios and a Republican sweep. Heightened antitrust controls over Google and its local search monopoly in a Democrat sweep and split Harris government should also benefit shares of Yelp down 27% this year. Republican sweep Raymond James views Salesforce as a potential big winner in a Republican sweep, noting that "more favorable" corporate tax rates should benefit cyclical software names.

Persons: Raymond James, Donald Trump, Trump, Ed Mills, Kamala Harris, Mills, Harris, Melissa Fairbanks, John Davis, Andrew Marok, bode, Salesforce, Davis, Datadog, Adam Tindle, Josh Beck Organizations: Democrat, Veeva Systems, Flex, Visa, Democratic, Republican, Trump, Republican Senate, Microsoft, Nvidia, Verizon, U.S, Google, Apple, Texas, Intel, Qualcomm, Apollo Global Management, Arista Networks Locations: China, Washington, outperformance, Saudi Arabia, Yelp

MEMPHIS, Tenn. — A disgraced former Memphis police officer cried on the stand Tuesday as he watched video of him and his former colleagues giving Tyre Nichols the brutal beating that led to his death. Mills’ jarring and emotional testimony came during the trial of Bean, Smith and Demetrius Haley. Mills testified that he became incensed after his first encounter with Nichols because he had inadvertently sprayed himself with pepper spray. Last week, Martin testified that he initiated the bogus reckless driving traffic stop of Nichols. Nichols, Martin testified, never posed a threat when they yanked him out of his car.

Persons: —, Tyre Nichols, Desmond Mills Jr, Nichols, “, ”, ” Mills, Tadarrius Bean, Justin Smith, Emmitt Martin III, Mills, fatherless, I’m, ” Nichols, Bean, Smith, Demetrius Haley, Martin, Forrest Christian, Haley, ” Martin, Jerry Askin, Lydian, Corky Siemaszko Organizations: Memphis Police Department, AP Locations: MEMPHIS, Tenn, Memphis, New York City

☆ U.S. Steel CEO defends planned sale to Japan's Nippon, believes deal will ‘close on its merits'
▼ + stars: | 2024-09-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will "close on its merits" despite President Joe Biden's vocal opposition. "We strongly believe the deal closes on its merits," Burritt said in an interview on CNBC's "Money Movers." "It strengthens national security, it strengthens economic security and it strengthens job security." CFIUS told Nippon that the sale could "lead to a reduction in domestic steel production capacity," according to a letter obtained by Reuters earlier this month. The committee said supply chains could be disrupted in sectors critical to national security such as transportation, infrastructure, construction and agriculture.

Persons: David Burritt, Joe Biden's, Burritt, Biden, Kamala Harris, Donald Trump, CFIUS Organizations: . Steel, Japan's Nippon Steel, Steel, NBC News, Nippon, U.S, Foreign Investment, Reuters Locations: American, Nippon North America, U.S, United States

☆ Here’s how Trump says he’ll help US businesses through tariffs and taxes
▼ + stars: | 2024-09-24 | by ( Tami Luhby | Katie Lobosco | ) edition.cnn.com time to read: +9 min

Trump’s promised business tax cuts come alongside his suite of targeted tax relief for individuals, a list that continues to grow. Trump used tariffs, in part, to help boost American manufacturing. Reducing the corporate tax rateTrump has long wanted to reduce the corporate tax rate to below 21%. It will force owners of successful companies to sell their businesses to raise the cash to pay the tax, Trump said. Notably, the tax cut law temporarily created a special deduction for the owners of certain pass-through entities who pay business taxes on their individual tax returns.

Persons: Donald Trump, we’re, ” Trump, Trump, Kamala Harris, Joe Biden’s, Trump’s, ” John Murphy, Biden, ”, John Gimigliano, “, Harris, CNN’s Kate Sullivan Organizations: CNN, Trump, Democratic, Social Security, Republicans, Tax Foundation, China Business, Federal Reserve, US Chamber of Commerce, Economic, of New, KPMG Locations: Savannah , Georgia, America, Mexico, United States, American, of New York, Savannah

When Vice President Kamala Harris took the reins of the Democratic nomination in late July, something happened in North Carolina. Part of the Harris campaign strategy in North Carolina, according to a campaign official, includes attempting to bulk up turnout not just among Black voters but among women in and around the suburbs. For the week after Harris became the presumptive nominee, there was a 61.5% increase in voter registration among North Carolina women. Bonier takes all of this to point to a higher turnout of Democratic voters in North Carolina. “The way you win statewide in North Carolina,” he said, “is you win on the margins.”

Persons: Kamala Harris, Joe Biden, Mark Robinson, ” Robinson, “, Robinson, Harris, Barack Obama, Trump —, Nikki Haley, ” Harris, Donald Trump, Jim Watson, Tom Bonier, —, Biden, Bonier, ”, Roe, Wade, Mark, ” Dory MacMillan, Trump, Democrats “, “ It’s, ” Trump, Al Drago, Getty Images Dallas Woodhouse, ” Woodhouse, Thomas Mills, Robinson “ Martin Luther King, Mills, they’re, Morgan Jackson, Josh Stein, ” Jackson Organizations: Democratic, North Carolina . Volunteers, CNN, Nazi, Trump, Republican, Getty, North Carolina, Black, Republicans, North Carolina Republican Party, GOP, Democrats, Bloomberg, Getty Images, North, American, Republican Party, Democrat Locations: North Carolina, Tarheel, South Carolina, Greensboro, N.C, Charlotte, AFP, Raleigh, “, Carolinian, Trump, Wilmington, North

☆ Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'
▼ + stars: | 2024-09-21 | by ( Leslie Josephs | ) www.cnbc.com time to read: +7 min

Matt Mills Mcknight | ReutersRENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. The financial cost of the strike on Boeing depends on how long it lasts, though ratings agencies have warned that the company could face a downgrade if it drags on too long. Boeing 737 Max planes sit at the airport in Renton, Washington. Boeing Machinists union members count votes to accept or reject a proposed contract between Boeing and union leaders and whether or not to strike if the contract is rejected, at the Aerospace Machinists Union Hall in Seattle, Washington, on September 12, 2024. Boeing's most recent offer included 25% general wage increases over a four-year deal and was endorsed by the machinists union, the International Association of Machinists and Aerospace Workers District 751.

Persons: Matt Mills Mcknight, Cash, Boeing machinists, Boeing hasn't, Kelly Ortberg, Leslie Josephs, Louis, Jake Meyer, Meyer, Ron Epstein, Jason Redmond, today's, Ortberg, Biden, Pete Buttigieg, CNBC's Organizations: Boeing, Reuters, CNBC, Max, state's, Financial Management, Federal Reserve Bank of St, Bank of America, Aerospace Machinists, Hall, AFP, Getty, International Association of Machinists, Aerospace Workers, Workers Locations: Renton , Washington , U.S, Reuters RENTON, Wash, Seattle, Pacific Northwest, Renton , Washington, Renton, machinists, Washington, South Carolina, Seattle , Washington, Pacific, Oregon

☆ Stocks making the biggest moves premarket: General Mills, U.S. Steel, V.F. Corp., ResMed, and more
▼ + stars: | 2024-09-18 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

United States Steel — Shares advanced more than 3% after Reuters reported the Committee on Foreign Investment in the United States granted a request to push back a review of Nippon Steel's bid for U.S. Steel until after the November election. General Mills — Shares were 1% lower after profit for the packaged foods company dropped 14% last quarter on lighter margins due to higher input costs. Intuitive Machines — Shares of the space exploration company surged more than 52% after it received a nearly $5 billion space network contract from NASA . ResMed - Shares slipped 2.7%, on light trading volume, following a downgrade at Wolfe Research to underperform from peer perform. Corp to overweight from equal weight , saying the risk-reward for the apparel company behind The North Face and Vans is attractive.

Persons: Mills, Eli Lilly's GLP, — CNBC's Michelle Fox, Sarah Min Organizations: United States Steel, Reuters, Foreign Investment, Nippon, U.S . Steel, Casella Waste, NASA, Wolfe Research, —, Barclays upgra ded, Corp, Microsoft, BlackRock Locations: United States

☆ Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
▼ + stars: | 2024-09-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer urged people to be patient once the Fed's decision arrives at 2 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jerome Powell's, Jim, Salesforce, Agentforce, Mark Benioff, Brian Niccol, General Mills, Jim Cramer's Organizations: CNBC, Nvidia, Bank of America, Starbucks, VF Corp, Resmed, Marriott International, Alaska Air Locations: China

☆ Tyre Nichols: Ex-officer testifies he beat ‘helpless’ Nichols then lied about it
▼ + stars: | 2024-09-18 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

Ex-officer testifies, ‘He was helpless’Prosecutor Kathryn Gilbert asked Martin whether officers were allowed to use force out of anger. In this still from video released by the City of Memphis, officers from the Memphis Police Department beat Tyre Nichols on a street corner. Martin said he told Lt. Smith that Nichols was high, without evidence, and that officers lied about Nichols driving into oncoming traffic and swinging at them during the traffic stop. The truth needs to come out,” Martin told Gilbert. While Martin was away from his team, Justin Smith called and Martin told him he was having homicidal thoughts, Martin said.

Persons: ” Tyre Nichols, “, ”, Emmitt Martin III, Nichols, Martin, Tadarrius Bean, Justin Smith, ” Martin, Desmond Mills, Demetrius Haley, Bean, Smith, Desmond Mills Jr, Mills, RowVaughn, Rodney Wells, RowVaughn Wells, Nichols ’, ‘, Kathryn Gilbert, Tyre Nichols, Memphis Martin, Dewayne Smith, Gilbert, John Keith Perry, Perry, Ben Crump Nichols, — Organizations: Tennessee AP, Memphis, Scorpion, City, Memphis Police Department, Scorpion Unit Locations: Memphis, Tennessee, Tadarrius Bean Shelby, City of Memphis, City

☆ US Steel: Biden administration gives Nippon Steel more time to make case for purchase of steelmaker
▼ + stars: | 2024-09-18 | by ( Kayla Tausche | ) edition.cnn.com time to read: +2 min

President Joe Biden, Republican presidential nominee Donald Trump and Democratic nominee Vice President Kamala Harris have all voiced opposition to the deal. The United Steelworkers union, which has endorsed Harris for president, has also been a leading opponent of the acquisition. Earlier this month, US Steel said it would be forced to lay off workers and shutter mills without Nippon’s backing. US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest steelmaker, resulted from that sale process.

Persons: Joe Biden, Donald Trump, Kamala Harris, Sen, Sherrod Brown of, John Fetterman of, Harris, Fumio Kishida, Janet Yellen Organizations: CNN — Nippon Steel, US Steel, CNN, Republican, Democratic, Foreign Investment, Steel, Sherrod Brown of Ohio, The United Steelworkers, Nippon Steel Locations: American, United States, Pittsburgh, Tokyo, John Fetterman of Pennsylvania, Ohio, Cleveland

The vote was 51-44, falling short of the 60 needed to break a filibuster, with Republican Sens. Lisa Murkowski of Alaska and Susan Collins of Maine again voting with Democrats in favor of the bill. Senate Minority Whip John Thune, R-S.D., dismissed it as “another show vote” and vowed that “Republicans support IVF, full stop.”“This is not an attempt to make law. She predicted that Democrats would “lift the filibuster” to get around the 60-vote requirement, which would require 50 senators to vote to change the rules. Katie Britt, R-Ala., and Ted Cruz, R-Texas, that would cut off Medicaid funding for states if they prohibit IVF.

Persons: Kamala Harris, Chuck Schumer, Donald Trump, Harris, Republican Sens, Lisa Murkowski, Susan Collins of, Doug Mills, New York Times Harris, Donald Trump’s, ” Trump, John Thune, ”, ” Thune, ” Sen, Tammy Duckworth, Duckworth, ” Duckworth, Sen, JD Vance, Schumer, Trump, Vance, ” Vance, Taylor Van Kirk, Sens, Katie Britt, Ted Cruz Organizations: WASHINGTON, Republican, New York Times, Democratic, ABC, Congress, Alabama, NBC News, Republicans Locations: Alaska, Susan Collins of Maine, Philadelphia, Alabama, R, Ohio, Texas

MEMPHIS, Tenn. — Police officers violated protocol when they used excessive force against Tyre Nichols and overstated his actions, a former officer who has pleaded guilty in the case testified. Tyre Nichols. “Because I exaggerated what he had done … and it escalated,” Martin said, adding that officers violated protocol by pursuing a nonviolent offender. Martin, the first former officer to testify at their trial, and Desmond Mills Jr., have pleaded guilty to the federal charges. I was seeing red.”After Nichols was stopped, Martin said Haley brandished his gun and told Nichols to “get the f--- out of the car.” Martin then pulled out his gun before Haley snatched Nichols from the car.

Persons: Tyre Nichols, Emmitt Martin III, Nichols, Martin, Ben Crump, ” Martin, Tadarrius Bean, Demetrius Haley, Justin Smith, Desmond Mills Jr, Kathryn Gilbert, “, ”, Haley brandished, Haley, Black, Rebecca Byrd, Deon J Organizations: — Police, Former Memphis, Memphis Police Department Locations: MEMPHIS, Tenn, Our, Memphis, Hampton, Denver

☆ Our approach to the stock market heading into the Fed's big Wednesday decision
▼ + stars: | 2024-09-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S

☆ Tyre Nichols trial update: Former officer testifies
▼ + stars: | 2024-09-17 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

The four men, along with fellow officer Desmond Mills Jr., were fired after the January 2023 death of Nichols. For the first time in the trial, jurors heard from one of the officers who beat Nichols. Haley eventually stopped Nichols’ Nissan, pulled out his gun and snatched Nichols from his vehicle without telling Nichols why he was stopped. Former officer: Memphis officers are not trained to punch or kick peopleVideo also shows the officers milling about and talking as Nichols struggles with his injuries. In this still from video released by the City of Memphis, officers from the Memphis Police Department beat Tyre Nichols on a street corner.

Persons: Tyre Nichols, Emmitt Martin III, Tadarrius Bean, Demetrius Haley, Justin Smith, Nichols, Desmond Mills Jr, Martin, Mills, —, Ben Crump, Haley, Nissan, ” Martin, Jan, Elizabeth Rogers, “, Larnce Wright, Wright, Martin Zummach, handcuff Nichols, Zummach, Smith, ” Zummach, ” Kevin Whitmore, Bean’s, ” Wright Organizations: Tennessee AP, Memphis, Scorpion, Memphis police, City, Memphis Police Department Locations: Memphis, Tennessee, City of Memphis, City

☆ Daniel Ricciardo: How driver went from a ‘shy’ teenager to one of F1’s most effervescent characters
▼ + stars: | 2024-09-16 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +12 min

Australian former F1 driver Mark Webber partakes in Ricciardo's infamous 'Shoey' celebration, drinking champagne out of Ricciardo's race boot. Ricciardo became the 14th Australian driver to start a race when he made his debut for HRT F1 Team in 2011. He replaced Dutchman Nyck de Vries mid-season at the junior team, renamed to AlphaTauri and rebranded as the “sister team” to Red Bull. Red Bull realitiesRicciardo’s return to Red Bull marked a full circle moment for the Aussie, having joined the team’s academy in 2008. Despite having a contract for the next two seasons, incumbent Red Bull second driver Sergio Pérez is on the hotseat after recent struggles.

Persons: CNN — Daniel Ricciardo, –, Sebastian Vettel, Ricciardo, Honey, ” Ricciardo, ”, Rudy Carezzevoli, Blake Mills, Blake, “ He’s, ’, “ Josh, I’ve, “, I’m, Mark Webber partakes, Mark Thompson, Jack Brabham, Alan Jones, Mark Webber, Oscar Piastri, Jack Doohan, Toro Rosso, Webber, Vettel, Lewis Hamilton, Nico Rosberg, Red Bull, Max Verstappen, Lando Norris, McLaren’s, Bull, Nyck de Vries, it’s, Peter Fox, don’t, you’re, “ I’ve, De Vries, Alex Albon, Pierre Gasly, ‘ Let’s, ’ ”, Red, Liam Lawson, Sergio Pérez Organizations: CNN, Red Bull, CNN Sport, Brabham, HRT, McLaren, Australian, Bull’s, Austrian, Mercedes, Monaco, Renault, Prix, Formula, One Locations: Perth, Western Australia, Ngilgi, Australia, Ricciardo's, Australian, Melbourne, Canada, Hungary, Belgium, Monaco, British, Hungarian, Europe

☆ The 2 things that will determine whether last week's stock market rally will continue this week
▼ + stars: | 2024-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City

☆ Stock futures are little changed as investors await major Fed decision: Live updates
▼ + stars: | 2024-09-15 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

A specials trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2024. Stock futures edged slightly lower Sunday night as investors await the Federal Reserve's highly anticipated policy meeting, during which central bankers are expected to cut rates for the first time since 2020. S&P 500 futures hovered below the flatline, while futures tied to the Dow Jones Industrial Average shed 4 points, or less than 0.1%. The S&P 500 is less than 1% away from its July record and could notch a new all-time high this week. Central bankers are set to meet on Tuesday and Wednesday and are widely anticipated to make their first interest rate cut since they began hiking rates in March 2022.

Persons: Brian Belski, Mills, Olive Organizations: New York Stock Exchange, Federal, Dow Jones, Nasdaq, BMO Capital, Darden, FedEx, homebuilder Locations: New York City, U.S, Olive Garden

☆ Cramer's week ahead: Fed rate decision, earnings from Darden and Cracker Barrel
▼ + stars: | 2024-09-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through next week's top Wall Street action, highlighting a long-awaited interest rate decision from the Federal Reserve and earnings from restaurant chain companies Darden and Cracker Barrel. Investors are broadly expecting the central bank to issue a rate cut but are unsure whether it will be by 25 or 50 basis points. Cramer said he's betting on the former, saying he thinks the Fed should be measured when making cuts and not risk an inflation flareup. He added that he thinks the stock is a bargain, but cautioned that Wall Street tends to sell stocks from that sector when the Fed cuts rates. On Thursday, Olive Garden-parent Darden , Cracker Barrel and FedEx are set to report.

Persons: CNBC's Jim Cramer, Cramer, There's, he'll, Mills, Olive Organizations: Federal Reserve, Darden, Fed, Commerce Department, FedEx

☆ A big Fed meeting looms in the week ahead as economic concerns percolate
▼ + stars: | 2024-09-13 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Federal Reserve is set to meet Tuesday and Wednesday — and is is widely anticipated to make its first interest rate cut after embarking on a hiking campaign in March 2022. As it is, stocks are headed for a winning week ahead of the meeting. On Friday, the CME FedWatch tool showed markets were split how big the rate cut would be. Investors will also watch what Fed policymakers will signal in its summary of economy projections regarding future policy moves. He worries that stocks will rally heading into the central bank meeting, with investors possibly selling the news afterward.

Persons: It's, disinflation, Chadha, CNBC's, Dave Sekera, Giuseppe Sette, Sette, BTIG's Jonathan Krinsky, Morningstar's Sekera, Bank Asset Management Group's Bill Northey, Mills, homebuilder Organizations: Federal, Deutsche Bank, Dow Jones, Nasdaq, Morningstar, U.S, Bank Asset Management Group's, Olive, Darden, FedEx, Index, Retail, Manufacturing, Housing, Philadelphia Fed Locations: U.S, Olive Garden, NAHB

☆ Fate of US Steel merger expected to be pushed beyond election day as politics cloud outlook
▼ + stars: | 2024-09-13 | by ( Kayla Tausche | Matt Egan | ) edition.cnn.com time to read: +4 min

CNN —As presidential politics cloud the outlook of US Steel’s merger with its Japanese rival, a national security review of the deal is now not expected to be decided until after the election, according to people familiar with the matter. Prime Minister Fumio Kishida, during a White House visit in April, told reporters that the legal reviews would determine the deal’s outcome. US Steel put itself up for sale in 2023 after receiving an unsolicited, $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest steelmaker, resulted from that sales process. The White House has said it would await the recommendation of the committee, which has yet to make a decision on the matter, CNN has learned.

Persons: Joe Biden, Biden, Fumio Kishida, Janet Yellen, Kamala Harris, Donald Trump, Ohio Sen, JD Vance, Sen, Sherrod Brown of, John Fetterman of, Saloni Sharma, ” Saloni, Josh Shapiro, Harris, “, ” Manuel Bonder Organizations: CNN, Foreign Investment, US, Washington Post, US Steel, Steel, Nippon, Sherrod Brown of Ohio, Nippon Steel, White, ”, Democrat Locations: United States, Pittsburgh, Delaware, American, John Fetterman of Pennsylvania, Ohio, Cleveland, ” Pennsylvania, Western Pennsylvania

☆ General Mills sells North American yogurt operations in $2 billion deal to focus on stronger brands
▼ + stars: | 2024-09-12 | by ( ) edition.cnn.com time to read: +2 min

CNN —General Mills will sell its North American yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday. Reuters reported in April that General Mills was working with investment bank JPMorgan Chase to attract interest from potential buyers for the business, which houses brands such as Yoplait and Liberté. The North American yogurt business contributed about $1.5 billion to General Mills’ fiscal 2024 net sales. Bloomberg News earlier on Thursday reported that General Mills was in talks to sell the North America yogurt operations to Groupe Lactalis and Sodiaal. In 2021, General Mills sold the European operations of Yoplait to Sodiaal.

Persons: Mills, Lactalis, Sodiaal, Jeff Harmening, Yoplait, General Mills Organizations: CNN, Groupe Lactalis, Canadian, Reuters, JPMorgan Chase, Bloomberg, General, PAI Partners Locations: U.S, Valley , Minnesota, North America, Yoplait, Sodiaal

Following Donald Trump’s lead, Johnson has tied a six-month funding bill to the SAVE Act, which would overhaul voting laws to require people to show proof of citizenship when registering to vote. Senate Majority Leader Chuck Schumer, D-N.Y., Democrats and some Republicans are pushing for a “clean” funding bill that would keep the government open until December, after the election. The government will shut down at 12:01 a.m. on Oct. 1 unless Republicans and Democrats strike a deal to extend funding. Because of their miniscule majority, House Republicans can only afford four GOP defections if all lawmakers vote. “I’m a firm NO on bankrupting the nation and a YES on election integrity,” Mills said.

Persons: Mike Johnson’s, Donald Trump’s, Johnson, Chuck Schumer, Joe Wilson, Cory Mills, Jim Banks, Matt Rosendale, Andy Biggs of, Tim Burchett, “ I’ve, ” Burchett, ” Mills, Trump, don’t Organizations: WASHINGTON, SAVE, Democrats, Republicans, GOP, CRs, Armed Services, Foreign Affairs Locations: Cory Mills of Florida, Jim Banks of Indiana, Matt Rosendale of Montana, Andy Biggs of Arizona, Tennessee, ”, China

☆ Opening statements are set in the trial of 3 ex-Memphis officers charged in Tyre Nichols’ death
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

MEMPHIS, Tenn. — Opening statements were expected Wednesday in the federal trial of three former Memphis police officers charged with federal civil rights violations in the January 2023 beating death of Tyre Nichols. Police video released that month showed the five officers, who also are Black, beating Nichols as he yelled for his mother about a block from his home. The officers said Nichols was pulled over for reckless driving, but Memphis’ police chief has said there is no evidence to substantiate that claim. The three officers now facing trial, along with Martin and Mills, were fired for violating Memphis Police Department policies. They had been members of a crime suppression team called the Scorpion Unit, which was disbanded after Nichols’ death.

Persons: Tyre Nichols, Nichols, Mark Norris, Tadarrius Bean, Demetrius Haley, Justin Smith, Emmitt Martin III, Desmond Mills Jr, Black, Martin, Mills, Preston Hemphill, pummeled, Hemphill, Dewayne Smith, Bill Lee, “, Lee Organizations: Memphis, Prosecutors, U.S, District, Police, Former Memphis, FedEx, Memphis Police Department, Scorpion Unit, Tennessee Gov, Republican Locations: MEMPHIS, Tenn, Memphis

☆ Preparing for the apocalypse: Why collaboration is essential
▼ + stars: | 2024-09-11 | by ( Jessica Dulong | ) edition.cnn.com time to read: +11 min

"A Field Guide to the Apocalypse" notes that humans usually step in and help one another when a disaster strikes. Athena Aktipis: The ancient Greek definition is “a revealing,” so an apocalypse is any event that reveals the risks we’re facing. CNN: What role have apocalypses throughout history played in what you call humans’ “apocalypse resistance”? All those things help us get through, as they have throughout our evolution. Chalking this up as part of apocalypse prep can be a great way to carve out more time.

Persons: you’ll, Workman, Athena Aktipis, ”, Aktipis, We’re, Lindsay Mills, we’ve, you’re, It’s, we’ll, Jessica DuLong Organizations: CNN —, World Trade, Times, Arizona State University, CNN, Lindsay Mills CNN, paragon Locations: Lower Manhattan, Manhattan, Arizona, New Mexico, Brooklyn , New York

☆ The debate didn’t sway some voters CNN talked to, but others know exactly who they’re backing now
▼ + stars: | 2024-09-11 | by ( John King | ) edition.cnn.com time to read: +9 min

CNN —Joan London knew when Tuesday’s debate began she would not vote for Donald Trump. Until this week’s debate in Philadelphia, though, she planned to honor her conservative principles and write in some other Republican. Her decision to back Vice President Kamala Harris was the most significant shift in the reaction we received from this group of voters during the debate and in its immediate aftermath. “Trump came off as irrational and desperate.”Vice President Kamala Harris speaks during the presidential debate at the National Constitution Center in Philadelphia on September 10. Doug Mills/The New York Times/Bloomberg/Getty ImagesOther Harris voters delighted in her success distracting and rattling Trump.

Persons: Joan London, Donald Trump, “ Harris, ”, Ronald Reagan’s, Nikki Haley, Trump, Kamala Harris, Chris Mudd, “ Trump, Kamala, ” Lisa Reissman, Harris, ” Reissman, Saul Loeb, Joe Biden, Biden, Davette Baker, Larry Malinconico, “ Kamala Harris, Linda Rooney, Haley, Rooney, “ She’s, ” Rooney, “, “ Kamala, Cynthia Sabatini, ” Sabatini, Sabatini, “ I’m, Antonio Munoz, Munoz, ” Munoz, Zoila Sanchez, Sanchez, “ Donald Trump, ” Allen Naparalla, Naparalla, Doug Mills, Marvin Boyer, Donald, Natalya Orlando, Priscilla Forsyth, “ Kamala Harris ’, Rachel Kulak, Jaclyn Taylor, “ Kamala didn’t, ” Billy Pierce, ” Debbie Katsanos, Betsy Sarcone, Stanley Tremblay, we’ve, ” Gina Cilento Organizations: CNN, Republican, South Carolina Gov, “, Trump, GOP, National Constitution Center, African American Democratic, Lafayette College, ” Voters, Harris, Media, Reagan Republican, Las, New York Times, Bloomberg, Getty, Trump loyalists, Democratic Locations: London, Berks County, Philadelphia, United States, Ukraine, Russia, Cedar Falls , Iowa, Wisconsin, Milwaukee, Northampton County , Pennsylvania, Delaware County, Las Vegas, Nevada, Cedarburg , Wisconsin, “, New Hampshire, Sioux City , Iowa, Richmond , Virginia, Iowa, South Carolina

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