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The Major Supreme Court Cases of 2024No Supreme Court term in recent memory has featured so many cases with the potential to transform American society. In 2015, the Supreme Court limited the sweep of the statute at issue in the case, the Sarbanes-Oxley Act of 2002. In 2023, the Supreme Court temporarily blocked efforts to severely curb access to the pill, mifepristone, as an appeal moved forward. A series of Supreme Court decisions say that making race the predominant factor in drawing voting districts violates the Constitution. The difference matters because the Supreme Court has said that only racial gerrymandering may be challenged in federal court under the Constitution.

Persons: Donald J, Trump, Anderson, Sotomayor Jackson Kagan, Roberts Kavanaugh Barrett Gorsuch Alito Thomas, Salmon, “, ”, Mr, Nixon, Richard M, privilege.But, Fitzgerald, Vance, John G, Roberts, Fischer, Ruth Bader Ginsburg, Clarence Thomas, Samuel A, Alito Jr, Alito, ’, Moyle, Wade, Roe, Johnson, Robinson, Moody, Paxton, Robins, Media Murthy, Sullivan, Murthy, Biden, Harrington, Sackler, Alexander, Jan, Raimondo, ” Paul D, Clement, Dodd, Frank, Homer, Cargill Organizations: Harvard, Stanford, University of Texas, Trump, Liberal, Sotomayor Jackson Kagan Conservative, Colorado, Former, Trump v . United, United, Sarbanes, Oxley, U.S, Capitol, Drug Administration, Alliance, Hippocratic, Jackson, Health, Supreme, Labor, New York, Homeless, Miami Herald, Media, Biden, National Rifle Association, Rifle Association of America, New York State, Purdue Pharma, . South Carolina State Conference of, Federal, Loper Bright Enterprises, . Department of Commerce, Chevron, Natural Resources Defense, ”, SCOTUSPoll, Consumer Financial, Community Financial Services Association of America, Securities, Exchange Commission, Exchange, Occupational Safety, Commission, Lucia v . Securities, Federal Trade Commission, Internal Revenue Service, Environmental Protection Agency, Social Security Administration, National Labor Relations Board, Air Pollution Ohio, Environmental, Guns Garland, Alcohol, Tobacco, Firearms, Explosives, National Firearms, Gun Control Locations: Colorado, Trump v . United States, United States, Nixon, Florida, Gulf of Mexico, Dobbs v, Idaho, Roe, Texas, States, New, New York, Grants, Oregon, . California, Martin v, Boise, Boise , Idaho, Missouri, Parkland, Fla, Murthy v . Missouri, . Missouri, ., South Carolina, Alabama, SCOTUSPoll, Lucia v, Western

☆ Tanger CEO explains the upside in replacing tenants and how outlets appeal to luxury brands
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants instead of renewing leases. "We've traditionally, at least over the last couple of years, have renewed existing tenants at a rate of about 95%," Yalof said. He added that not renewing a tenant's lease doesn't mean Tanger is getting rid of them completely. Yalof also explained how Tanger appeals to luxury brands. Because "the customer is aspirational," he said outlets draw in new clientele that may not have considered these high-end brands otherwise.

Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof Locations: Madison

☆ Australia’s problem with male violence is getting worse. So, what’s the solution?
▼ + stars: | 2024-04-29 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +8 min

Late Monday, new figures showed a 28% jump in intimate partner homicide in 2022-23, compared to the previous year – ending what had been a decades-long trend of decline. Around 4,000 people marched through the streets of Brisbane on April 28 to call for action on gendered violence. The deaths took the toll to 27 women allegedly killed by a partner or former partner so far this year, according to the Counting Dead Women project. “We don’t have good programs for men with mental illness and personality disorders who use these types of violence. We don’t have a lot of really accessible drug and alcohol treatment programs for men who use violence.

Persons: Daniel McCormack, Daniel Sloss, “, ”, McCormack, Samantha Bricknell, we’ve, Anthony Albanese, –, Hilary Whiteman, wasn’t, Lukas Coch, Hayley Boxall, Albanese, ’, ” Albanese, ” Boxall, ” Bricknell, Emily Garnett, there’ll, ” McCormack, he’s, “ I’ve, ‘ That’s Organizations: Australia CNN, Australian, of Criminology, ”, Australia, CNN, New South, Australian National University, Wales, Nations, First Nations, Brisbane Locations: Brisbane, Australia, Scottish, Bondi, Sydney, New South Wales, Canberra, United Kingdom, Canada, New Zealand, Australian, Melbourne, England

☆ Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores
▼ + stars: | 2024-04-28 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

Luxury powerhouse LVMH is investing billions in real estate, The Wall Street Journal reported. Michael Burke, head of LVMH Fashion Group, told the Journal, "We're creating a city." According to the Journal, the company spent $2.1 billion last year acquiring properties in Paris ahead of the Olympic games. Related storiesThe luxury brand is among several spending billions on luxury stores and experiences. Chanel and LVMH are also interested in purchasing properties on New York's Fifth Avenue and the Champs-Élysées in Paris, the Journal reported.

Persons: —, Louis Vuitton Moët Hennessy, Louis Vuitton, Frank Gehry, Michael Burke, we're, Burke, Bernard Arnault, Saint Laurent, Chanel, LVMH, Amar Sitayeb, Saint, Alan DeSousa Organizations: Street Journal, Service, Wall Street Journal, Dior, LVMH, Design, Miami Design District, Gucci, Montenapoleone, The New York Times, Times, Canada, Laurent, Global News, Business Locations: Paris, Pont Neuf, Miami, Montreal, Milan's, New, The, Marais

☆ Two Ukrainian servicemen stabbed to death in Germany, Russian national arrested
▼ + stars: | 2024-04-28 | by ( Josh Pennington | ) edition.cnn.com time to read: +1 min

CNN —Two Ukrainian servicemen were stabbed to death at a shopping center in southern Germany Saturday evening, by a suspected Russian national, German and Ukrainian authorities say. Both Ukrainian men were residents of the district of Garmisch-Partenkirchen and had been in Germany undergoing medical rehabilitation. A 57-year-old suspected Russian national was arrested at his home not far from the scene, according to German authorities. “On April 27, two Ukrainian citizens, men born in 1987 and 2001, were killed by stabbing in Murnau am Stafelsee, Bavaria, Germany, at a local shopping center. “According to preliminary information, the deceased citizens were military personnel undergoing medical rehabilitation in Germany,” the ministry said.

Persons: “, Murnau, ” Organizations: CNN, Partenkirchen, Russian, Ukrainian Foreign Ministry Locations: Germany, Russian, Murnau, Garmisch, Stafelsee, Bavaria

☆ ‘Ghostly’ city: How Russia’s war in Ukraine is taking a toll on its own Belgorod region
▼ + stars: | 2024-04-20 | by ( Anna Chernova | ) edition.cnn.com time to read: +12 min

In recent weeks, the Belgorod region has been subject to almost daily shelling and drone attacks. Russian authorities blame Ukraine and report having repelled the attacks, while also admitting destruction and casualties caused by them. The Belgorod region has borne the brunt of the war compared to more distant Russian regions, which have been relatively untouched. The governor of Belgorod region, Vyacheslav Gladkov, said on March 23 that 24 people had been killed and 152 injured in the span of less than two weeks. Following a major air attack on Ukraine by Russia overnight into December 29, Kyiv retaliated a day later by targeting the Belgorod region.

Persons: Vyacheslav Gladkov, ‘, Timur Khaliullin, ” Khaliullin, “, Khaliullin, Natalia Izotova, ”, Izotova, Gladkov, Kyiv's, Emil Leegunov, we’ve, It’s, ” Elizaveta, Yevhen Titov, Vasily, we’re, ” Vasily, Vladimir Putin, ” Izotova Organizations: CNN, Belgorod Philharmonic, Kyiv, Getty, Victory, Nazi, Reuters, Belgorod Locations: Belgorod, Russia’s, Ukraine, Russia, ”, Russia, Russian, Anadolu, Elizaveta, Kharkiv, Ukraine’s, St, Petersburg, Bryansk, Makhachkala, Grayvoron, Nazi Germany, Ukrainian

☆ Sydney: Stabbed bishop delivers first message from hospital as malicious disinformation spreads
▼ + stars: | 2024-04-18 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

The rapid spread of disinformation fomented an already volatile situation and days later authorities, faith groups and the bishop are still trying to calm community tension. But regulators are finding it much harder to act against social media platforms for the disinformation that spread online after the attacks – especially after the mass stabbing in the eastern suburb of Bondi. After the church attack, unconfirmed speculation also swirled about the faith of the alleged attacker and his motive. A 16-year-old boy has been charged with terrorism over the alleged stabbing of the bishop, police said Thursday. Video Ad Feedback Police: Australia church stabbing was 'terrorist incident' 04:31 - Source: CNNSystem of self-regulationBut stamping out some of the hateful comments that spread online has not been so easy.

Persons: Australia CNN —, Bishop Mar Mari Emmanuel, Jesus, ” Emmanuel, –, ”, Chris Minns, “ I’m, Steven Saphore, Australia’s, Meta, Facebook –, Marc Owen Jones, Russia influencer, Seven, Bondi, Jones, Hamad, won’t, he’s “, who’s, “, Elon Musk, That’s, Michelle Rowland, that’s, ” Rowland, Terry Flew Organizations: Australia CNN, Good Shepherd, State, Reuters, Facebook, NSW Police, West, Hamad Bin Khalifa University, Police, CNN, Digital Industry Group Inc, Elon, Twitter, ABC Radio Thursday, Digital Communication, University of Sydney, European, Thursday NSW Police Locations: Brisbane, Australia, Sydney, New South Wales, NSW, Westfield, Bondi, Russia, Australian, Queensland, Gaza, Qatar, European Union

☆ Opinion: What gun laws can’t stop
▼ + stars: | 2024-04-16 | by ( Opinion Latika Bourke | ) edition.cnn.com time to read: +8 min

“The videos (of the attack) speak for themselves don’t they?” Webb told the Australian Broadcasting Corporation (ABC). Steven Saphore/AAP/ReutersCauchi’s father Andrew Cauchi — who appeared devastated — believes his “monster” son may have deliberately set out to kill women, he told Australian media. He enacted strict gun control laws and initated a massive buyback scheme. “The evidence consistently shows that the underlying causes of violence directed toward women are rigid gender stereotypes, sexism and disrespect. Joel Cauchi had a fixation with blades and kept a collection of them, his father told the newspaper The Australian.

Persons: Latika Bourke, ”, Read, Latika Bourke Louis Douvis “, Julia Hartley, Brewer, Hartley, Karen Webb, Joel Cauchi, ” Webb, Webb, Steven Saphore, Reuters Cauchi’s, Andrew Cauchi —, —, John Howard, Australia’s, Julia Gillard, Bondi, Patty Kinnersly, Patty Kinnersly “, Bishop Mar Mari Emmanuel, Roman Quaedvlieg, “, X Quaedvlieg, they’d, Howard Organizations: Sydney Morning Herald, Love, CNN, New South Wales Police, Australian Broadcasting Corporation, ABC, Reuters, Port, Conservative, Global Institute, Women’s Leadership, Good Shepherd, Australian Jewish Association, X Locations: Australian, India, Sydney, British, Bondi’s, Westfield, Bondi, Port Arthur, London, Australia, United States

☆ Sydney, Australia, stabbing: Mall attacker may have targeted women, police say, as more details emerge of his six victims
▼ + stars: | 2024-04-15 | by ( Helen Regan | Sandi Sidhu | Mall Attacker Was Known To Authorities | ) edition.cnn.com time to read: +10 min

The community is devastated in the knowledge of their loss.”Police said Monday they had concluded their examinations of the shopping mall and the crime scene was being handed back to Westfield. More than 100 pieces of evidence were removed and will be forensically examined as part of the investigation, said Yasmin Catley, New South Wales Minister for Police. A woman cries as she comes out of the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. People react outside the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. The number of women killed by violence in Australia has ranged between 43 and 84 each year since Counting Dead Women began tallying deaths in 2012.

Persons: Joel Cauchi, Health Ryan, Cauchi, Karen Webb, ”, ” Webb, “, Lisa Maree Williams, Chris Minns, ” Minn, Yasmin Catley, David Gray, Baby, ‘, Ashlee Good, Good, Health Park, Ashlee, Faraz Tahir, ” Tahir, Adnan Qadir, Tahir, Anthony Albanese, KIIS, Yixuan Cheng, ’, undoubtably, Amy Scott, Scott, Webb, Amy, she’s, Roger Lowe, David GRAY, Lowe, New South Wales Premier Minns, Arthur Organizations: CNN, New South Wales ’, Health, New South Wales Police, ABC, ” Police, Getty, Police, Westfield, New South Wales Minister, “, “ Staff, Ahmadiyya Muslim Community of Australia, Australian, Embassy, Australia’s, Queensland Police, New South Wales Police Force, Queensland Police Service, New South Wales Premier, Minn Locations: Sydney’s, Bondi, Westfield, New South, New, Bondi Junction, Australia, Queensland, Sydney, AFP, Pakistan

☆ Bondi Junction: Five dead in mass stabbing at Sydney shopping center
▼ + stars: | 2024-04-13 | by ( Sandi Sidhu | Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —Five people have been killed in a mass stabbing at a busy shopping center in Sydney, Australian police said. Police were called to Westfield Bondi Junction on Saturday afternoon local time following reports of multiple people stabbed. Videos shared on social media show shoppers running from multiple exits of the shopping center, while police helicopters can be heard overhead. “The baby got stabbed and the mum got stabbed.”“We were holding the baby and trying to compress the baby. At least four people were killed and one injured in a mass shooting in Darwin, northern Australia in 2019.

Persons: Anthony Cooke, ”, Cooke, Anthony Albenese, Tragically, – Organizations: CNN, Police, New, New South Wales Police’s, NSW Ambulance, News Sydney Locations: Sydney, Westfield, New South, Bondi, Australia, Darwin, Arthur, Tasmania

☆ Witnesses to Sydney Mall Stabbing Describe Harrowing Scenes
▼ + stars: | 2024-04-13 | by ( John Yoon | Isabella Kwai | ) www.nytimes.com time to read: +1 min

Witnesses to the stabbings at a mall in a Sydney, Australia, on Saturday described a scene of terror as shoppers fled from the knife-wielding man or huddled in stores as panic spread through the shopping center. Others ran out, screaming as they passed by bodies on the floor. When Gavin Lockhart, 37, saw people running as he sat inside a coffee shop at the mall, there was a moment of confusion. Then, Mr. Dunkley recounted, he saw a police officer attempt to stop the assailant. When the officer told the man to put his knife down, he lunged toward her with his weapon, the cafe owner said.

Persons: blared, Gavin Lockhart, ”, “ He’s, Michael Dunkley, Dunkley, “, Mr Locations: Sydney, Australia

☆ At Least 5 Killed in Stabbing at Mall in Australia
▼ + stars: | 2024-04-13 | by ( Victoria Kim | Damien Cave | ) www.nytimes.com time to read: +2 min

PinnedFive people were killed and several others injured in a stabbing rampage Saturday afternoon at a crowded major mall in Sydney, Australia, prompting the police to declare a critical incident and evacuate the area. The attacker was shot and killed by a lone police officer who was directed into the mall by people fleeing the scene, police said. The officer then opened fire, saving lives, Anthony Cooke, police assistant commissioner for the New South Wales Police, said at a news briefing. The assailant stabbed about nine people as he moved through the mall Saturday afternoon, Assistant Commissioner Cooke said. “There’s nothing we’re aware at the scene that would indicate any motive or ideology,” Assistant Commissioner Cooke said in the briefing, noting the investigation was in its early stages.

Persons: Anthony Cooke, Cooke, “, Yan Zhuang, Isabella Kwai Organizations: New South Wales Police, ”, Westfield, Southern Hemisphere Locations: Sydney, Australia, Westfield, Bondi, Sydney’s Eastern

☆ Bondi Junction, Site of Stabbing Attack, Is a Popular and Busy Hub
▼ + stars: | 2024-04-13 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: +1 min

Bondi Junction, the area of Sydney, Australia, where Saturday’s stabbings took place, is a bustling hub that regularly draws crowds on weekends. The shopping area’s early development in the 1970s made it one of Australia’s largest development projects. And during a major renovation in 2005, it was known as one of the largest shopping centers in the Southern Hemisphere. An array of small businesses, including cafes and yoga studios, have sprung up in the area, making it an attractive meeting ground. That includes the famous Bondi Beach, which means that on any given weekend, tourists and backpackers are in the mix along with residents of the area.

Persons: Saturday’s stabbings, Chanel, Gucci Organizations: Southern Hemisphere Locations: Sydney, Australia, Westfield, Bondi

☆ Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
▼ + stars: | 2024-04-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +36 min

They are flying cars, they're flying cars,Tom Chitty: These vehicles aren't necessarily actually cars with wheels, either, because I know that you've done you've got a program coming up soon about eVTOL. And the idea is there's going to be a fleet of these run by an operator. You've alluded to this feature program we've got coming out looking at the future of these, these flying cars, basically in these eVTOLs. And also, we can't finish this episode about flying cars and eVTOLs without talking about Chitty Chitty Bang Bang, the OG. Yeah, no, that's, that's very surprising.

Persons: Tom Chitty, Arjun Kharpal, who's, I've, we've, We've, I'm, they'd, I'd, there's, Arjun, that's, we're, you've, there'll, they're, You've, Kharpal, it's, you'll, They've, Morgan Stanley, someone's, What's, they've, They're, Big Ben, Chitty Chitty Bang Bang, Chitty Bang Bang, Tom, We'll Organizations: JPMorgan, CNBC, Mar, Airbus, Archer Aviation, Joby, Infrastructure, Boeing, Heathrow Airport, Civil Aviation Administration, U.S . Federal Aviation Administration, FAA, Autonomy, London, Transport Locations: Spain, China, Europe, Munich, Germany, beyondthevalley@cnbc.com, London, Chinese, Guangzhou, Birmingham, U.S, Manchester, it's, eVTOLs, Battersea, Heathrow

More than two years later, only four states — Ohio, New York, Pennsylvania and Hawaii — have opened stations funded by the program. The Biden administration says the federal charging program is on track. The grants will fund 47 EV charging stations and related projects in 22 states and Puerto Rico, including 7,500 charging ports. But even some of the government’s own experts say 500,000 public chargers won’t be enough to meet Biden’s ambitious climate goals. The availability of charging stations is key to persuading Americans to buy EVs.

Persons: Liam Sawyer, Sawyer, ”, Joe Biden, Biden, Shailen Bhatt, “, ” Bhatt, “ We’re, ″, Gabe Klein, Bhatt, Tesla, Mike DeWine, DeWine, Preeti Choudhary, Loren McDonald, you’re, ” ___ Daly, John Organizations: —, Ford, Allegheny National Forest, Pilot Travel, Electric Vehicle Infrastructure, Democrat, Transportation, Walmart, Joint Office of Energy, National Renewable Energy Laboratory, Alternative Fuels Data, Energy Department, Associated Press, NORC, for Public Affairs Research, Energy, Institute, University of Chicago ., Republican Gov, Ohio, Department of Transportation, Public Utilities Commission, “ Locations: Ohio, Indianapolis, Pennsylvania, Columbus , Ohio, London , Ohio, — Ohio, New York , Pennsylvania, Hawaii, U.S, Maine , Vermont, Colorado, Puerto Rico, America, California, Washington, St, Detroit, AP.org

☆ What we know about the Moscow concert hall attack
▼ + stars: | 2024-03-23 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +9 min

Nearly a dozen people have been detained in connection with the attack, which saw armed assailants storm a popular concert venue complex on the outskirts of the capital, killing more than 130 people. An unnamed male witness who survived the attack said the gunmen entered the concert hall and “started shooting everyone.”“I was sitting in the hall upstairs where the balconies were. Law enforcement officers outside the burning Crocus City Hall concert venue following the attack on Friday. The United States had previously warned Moscow that ISIS militants were determined to target Russia in the days before assailants stormed the concert hall. Video Ad Feedback ISIS claims responsibility for attack in busy Moscow-area concert hall 05:22 - Source: CNNWhat else is Russia saying?

Persons: “, ”, Molotov, Yulia Morozova, Andrey Vorobyov, ” Vorobyov, Olga Maltseva, Amaq, Adrienne Watson, Putin, people’s, Alexander Bortnikov, Maria Zakharova, David Cameron, Olaf Scholz, Emmanuel Macron, Narendra Modi, Saudi Arabia’s Crown Prince Mohammed bin Salman, Xi Jinping, Antonio Guterres Organizations: CNN, Attackers, Ostorozhno Novosti, Reuters, Crocus City, Russian Emergencies Ministry, Hall, Russia’s, Authorities, Getty, ISIS, SITE Intelligence Group, Islamic, SITE, United, US National Security, RIA Novosti, RIA, Russian Security Service, Russian Foreign, ”, Ukrainian Foreign Ministry, Kremlin, Ukrainian Defense Intelligence, British, India’s, Saudi Arabia’s Crown, United Nations Security Council Locations: Russia, Crocus, Moscow, AFP, Islamic State, United States, ”, Ukraine, ” Ukraine

“Special services and law enforcement agencies in the Bryansk region, near the border with Ukraine, detained four suspects from among those who committed a terrorist attack in the Crocus City Hall concert hall,” the committee said. The terrorist attack in Crocus City Hall was carefully planned.”Neither agency specified the nature of the alleged contacts. Suspects detainedVideo footage from the Crocus City Hall showed the vast complex, which is home to both a music hall and shopping center, on fire with smoke billowing into the air. A person places flowers at a makeshift memorial in front of the Crocus City Hall. On Friday, following reports of the Crocus City Hall attack, it advised US citizens not to travel to Russia.

Persons: Vladimir Putin, “, ”, ” “, Maria Zakharova, Andrey Vorobyov, Rescuers, Putin, Stringer, Adrienne Watson, Washington Organizations: CNN, ISIS, Crocus City, Novosti, FSB, Security Service, Russian Federation, RIA Novosti, Tass, Russian Foreign Ministry, Renault, CNN State, ”, Telegram, Russian Emergencies Ministries, Kremlin, Getty, US National Security, State Department Locations: Moscow, Ukraine, Bryansk, Crocus, Crocus City, responsibiliity, Russia, ” Moscow, AFP, Russian, ”, Khorasan, Afghanistan

☆ McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars
▼ + stars: | 2024-03-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

The chain's sales are "way stronger" in Texas, Arizona and Florida than in midwestern states such as Indiana and Wisconsin, according to Osanloo. For more mature companies such as McDonald's , it means accelerating new restaurant growth in areas where it's now underrepresented. It isn't just restaurants looking to the Sun Belt for sales growth. In addition to well-known chains, Greider has also seen restaurants with chef-driven name recognition traveling south from New York and Chicago. The chain's sales are growing again, according to Brix Holdings CEO Sherif Mityas, making it an opportune time to expand Friendly's footprint.

Persons: Portillo's, Michael Osanloo, you've, Justin Greider, Macy's, Phillips, Manu Steijaert, Greider, they've, that's, Carbone, Friendly's, Sherif Mityas, Mityas, we're, Christine Barone Organizations: Beef, CNBC, Northeast, Sun, Airlines, Dallas, Phillips Edison & Company, JPMorgan, Grill, Major Food Group, Brix Holdings, Brix, Bros Locations: Kissimmee , Florida, Chicago, Texas, Texas , Arizona, Florida, Indiana, Wisconsin, U.S, Midwest, Charlotte, Phoenix, Houston, Dallas, Fort Worth, Atlanta, Florida , Texas , Arizona, Georgia, North Carolina, New York, Miami, Massachusetts, Mississippi, Minneapolis, Southern California, California, Virginia

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

Supporters of the state laws say they foster free speech, giving the public access to all points of view. One contrarian brief, from liberal professors, urged the justices to uphold the key provision of the Texas law despite the harm they said it would cause. “Social media platforms exercise editorial judgment that is inherently expressive,” Judge Kevin C. Newsom wrote for the panel. To the surprise of many, some prominent liberal professors filed a brief urging the justices to uphold a key provision of the Texas law. In the second case, Miami Herald v. Tornillo, the Supreme Court in 1974 struck down a Florida law that would have allowed politicians a “right to reply” to newspaper articles critical of them.

Persons: Samuel A, Alito Jr, ”, Scott Wilkens, Ron DeSantis, John Tully, Donald J, Trump, Greg Abbott of, —, Ken Paxton, “, Andrew S, Oldham, Kevin C, Newsom, Lawrence Lessig, Tim Wu of, Teachout, Mandel Ngan, Richard L, “ Florida’s, Moody, Paxton, Robins, William H, Rehnquist, Pat L, Tornillo, Warren E, Burger Organizations: Facebook, YouTube, Columbia University, Big Tech, The New York Times, Gov, Republican, Computer & Communications Industry, New York Times, Fox News, U.S ., Appeals, Fifth Circuit, ISIS, Harvard, Tim Wu of Columbia, Zephyr, Fordham, Twitter, Manchester Union, Citizens United, Agence France, University of California, Miami Herald, Florida, Representatives, Constitution Locations: Florida, Texas, Greg Abbott of Texas, Ukraine, Los Angeles, Campbell , Calif

Elena Perova | Istock | Getty ImagesJust ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. Food prices climbed 2.6%, fueled by a 5.1% jump in prices for food away from home, a category that includes restaurant meals and vending machine purchases. That gives their makers the ability to keep raising prices to mitigate higher costs, even as their volume drops. Even some of the biggest U.S. brands have signaled that consumers' tolerance of higher prices has worn thin.

Persons: Elena Perova, John David Rainey, Coke, James Quincey, Gregory Daco, airfares, Tyson, Fernando Fernandez, Arun Sundaram, Kraft Heinz, Chocolate, Hershey, Edward Jones, Brittany Quatrochi, Sundaram, Pringles, Kellanova, Heinz, Stefani Reynolds, Brad Thomas, CFRA's Sundaram, Thomas, Frederic J, Brown, Oscar Mayer, Greg Melich Organizations: Istock, Walmart, CNBC, Federal, Depot, Pew Research Center, Maine Foods, Unilever, Nestle, Bloomberg, Getty, Planters, Target, Kroger, AFP, U.S, PepsiCo, Frito, Evercore ISI Locations: Hershey , Pennsylvania, North America, Washington ,, Rosemead , California

☆ Supreme Court to Decide How the First Amendment Applies to Social Media
▼ + stars: | 2024-02-25 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

The most important First Amendment cases of the internet era, to be heard by the Supreme Court on Monday, may turn on a single question: Do platforms like Facebook, YouTube, TikTok and X most closely resemble newspapers or shopping centers or phone companies? The two cases arrive at the court garbed in politics, as they concern laws in Florida and Texas aimed at protecting conservative speech by forbidding leading social media sites from removing posts based on the views they express. Picking the apt analogy from the court’s precedents could decide the matter, but none of the available ones is a perfect fit. If the platforms are like newspapers, they may publish what they want without government interference. If they are like private shopping centers open to the public, they may be required to let visitors say what they like.

Organizations: Facebook, YouTube Locations: Florida, Texas

☆ The Tesla Cybertruck is impressive and worrying
▼ + stars: | 2024-02-23 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +9 min

Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare metal box on wheels. Even when I parked a rented Tesla Cybertruck next to a hot-pink McLaren supercar in a shopping center parking lot in California, the people in the McLaren couldn’t stop talking about the Cybertruck. Peter Valdes-Dapena/CNNThe Tesla Cybertruck looks like nothing else on the road. There’s a lot to like about the Cybertruck, but it also embodies a disturbing level of individual arrogance in hard, unforgiving steel. The Tesla Cybertruck's simple interior is nice enough but, with hardly any switches or knobs, this is the easy part.

Persons: Tesla, Elon Musk, who’d, Peter Valdes, Walter Isaacson’s, Musk, It’s, CNN Tesla, I’d, haven’t, there’s Organizations: Laguna Beach , California CNN, Ford, Chevrolet Silverado, GM, McLaren, CNN, Tesla, SpaceX, Goodyear, Lamborghini, Ferrari, General Motors, Silverado EV Locations: Laguna Beach , California, California, Turo

☆ When Science Class Is in a Former Macy’s
▼ + stars: | 2024-02-23 | by ( Paul Sullivan | ) www.nytimes.com time to read: +1 min

The mall, which is about 60 percent vacant, has a hodgepodge of other tenants. Call center workers are parking or being dropped off for their shifts. But on the other side of the parking lot, scores of young children dash out of cars and through a mall entrance. They’re not playing hooky; they’re going to school in a former J.C. Penney store. And if all goes according to plan, they will keep going there for years as the school adds more grades and takes over more of the mall each year.

Persons: It’s, They’re, Penney Organizations: Belk Locations: Sumter, S.C

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