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☆ MLB roundup: White Sox sink Tigers on walk-off grand slam
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +12 min

White Sox starter Michael Kopech gave up two runs and three hits in seven innings while recording nine strikeouts. Clay Holmes (4-2) pitched a scoreless inning, while Wandy Peralta recorded the final four outs for his fourth save. Freeland (4-7) allowed two runs on four hits with no walks and one strikeout in seven innings. Rangers 12, Mariners 3A heavy offensive output combined with six scoreless innings from Nathan Eovaldi earned Texas a lopsided win over Seattle in Arlington, Texas. San Diego's Ryan Weathers (1-4) lasted just 1 2/3 innings, allowing seven hits and Chicago's first five runs.

Persons: Jake Burger, Kamil Krzaczynski, Luis Robert Jr, Spencer Torkelson, Liam Hendriks, Michael Kopech, Matthew Boyd, Andrew Benintendi, Alex Lange, Yoan Moncada, Tim Anderson, Burger, Eddie Rosario, Miguel Castro, Raisel Iglesias, A.J, Minter, Zac Gallen, Ji Hwan, Louis, Rich Hill, David Bednar, Andrew Knizner, Miles Mikolas, Kyle Higashioka, Oswaldo Cabrera, Anthony Volpe, Domingo, Clay Holmes, Wandy Peralta, Bobby Miller, J.D, Martinez, Yandy Diaz, Josh Lowe, Luke Raley, Taj Bradley, Alex Verdugo, Masataka Yoshida, Tanner Houck, Drew Ellis, Kyle Schwarber, Schwarber, Ellis, Stone, Ildemaro Vargas, Vargas, Dominic Smith, Riley Adams, Alex, Monasterio, Adrian Houser, Houser, Jake Fraley, Victor Caratini, Dominic Leone, Vladimir Guerrero Jr, Nate Pearson, Pete Alonso, Starling Marte, Adam Cimber, Erik Swanson, Jordan Romano, Garrett Cooper, Cooper, Yuli Gurriel, Bryan De La Cruz, Luis Arraez, Sandy Alcantara, National League Cy Young, Paul Blackburn, Ramon Laureano, Brady Singer, Maikel Garcia, Scott Barlow, Elehuris Montero, Ezequiel Tovar, Michael Massey, MJ Melendez, Garcia, Kyle Freeland's, Josh Naylor, Andres Gimenez, Joe Ryan, Triston McKenzie, Ryan, McKenzie, James Karinchak, Ohtani, Phil Maton, Zach Neto, Griffin Canning, Chris Devenski, Carlos Estevez, Nathan Eovaldi, Jonah Heim, Eugenio Suarez's, Ty France, Jose Caballero, Kolten Wong, Tyler Wells, James McCann, Josh Lester, Blake Sabol, McCann, Jorge Mateo, Anthony DeSclafani, Adam Frazier, Austin Hays, Ryan Mountcastle, Lester, Marcus Stroman, Miguel Amaya, Yan Gomes, Trey Mancini, Fernando Tatis Jr, Diego's Ryan Weathers, Chicago's Organizations: Chicago White Sox, Detroit Tigers, Chicago, White Sox, Detroit, Braves, Diamondbacks, Atlanta, Arizona, Pirates, Cardinals, Pittsburgh, Yankees, Dodgers, New York, National League, Red Sox, Tampa Bay, Boston, Phillies, Nationals, Washington, Brewers, Reds, Milwaukee, Cincinnati, Blue Jays, Mets, Brandon, Toronto, Marlins, Athletics, Miami, Oakland, Royals, Rockies, Kansas City, Colorado . Singer, Twins, Angels, Astros, Houston, Rangers, Mariners, Texas, Seattle, Orioles, Giants, Baltimore, San, Cubs, Padres, Thomson Locations: Chicago , Illinois, USA, Phoenix, Rosario, Arizona, New, Los Angeles, Domingo German, Tampa Bay, Philadelphia, New York, Colorado, Freeland, Cleveland, Minnesota, Minneapolis, Arlington , Texas, San Francisco, Baltimore, San Diego

☆ Friday's kind of broad rally has eluded Wall Street for quite some time. We hope it has legs
▼ + stars: | 2023-06-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Club name and Dow stock Caterpillar (CAT) was one of the leaders, soaring more than 8% and accounting for over 100 points of the 30-stock average's 700-point surge. Meanwhile, the tech darlings that have recently propelled the market higher — including top-performing Club stocks Nvidia (NVDA) and Meta Platforms (META) — took a relative backseat Friday. For that reason, it's a hopeful sign to see other sectors walk the runway in the Wall Street fashion show Friday. 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, —, industrials, Jim, haven't, Meta, OpenAI, it's, Dow, Jim Cramer's, Luke Sharrett Organizations: Dow, Caterpillar, Nvidia, Nasdaq, Dow Jones, fellow Club, Halliburton, HAL, Apple, Facebook, Microsoft, Big Tech, FactSet, industrials Honeywell, Emerson Electric, Natural Resources, Linde, LIN, CNBC, Whayne, Bloomberg, Getty Locations: U.S, Louisville , Kentucky

☆ Boris Johnson at center of Covid inquiry dispute. For once it’s not about him
▼ + stars: | 2023-06-02 | by ( Luke Mcgee | ) edition.cnn.com time to read: +5 min

The inquiry recently requested that it be given access to the private messages of a number of government officials – including Johnson. That request was made to the Cabinet Office, an important government department that supports the PM and the cabinet in nearly all areas of government. On Friday, Johnson went around the Cabinet Office and published a letter in which he agreed to share his personal WhatsApp messages and handwritten notebooks directly with the inquiry. The release of phone messages could be embarrassing for Rishi Sunak and anyone serving in his government who also served under Boris Johnson. The official Cabinet Office position is that it is questioning whether an inquiry should have the legal authority to make such sweeping demands.

Persons: London CNN — Boris Johnson, Johnson, Rishi Sunak, ” Johnson, Boris Johnson, Jeff J Mitchell, Angela Rayner, Sunak, ” Organizations: London CNN, British, Office, Getty, CNN, Labour Party, Downing, Conservative

☆ Paul Newman: Hundreds of Hollywood star's items to go on sale in Sotheby's auction
▼ + stars: | 2023-06-01 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

Several watches are being sold as part of the auction. “My parents shared a passion for antiques and vintage items, the quirkier the better,” their daughter Melissa Newman said in a Sotheby’s auction catalog. The couple’s personalities also emerge in some of the more unusual furniture showcased in the auction. “Dad loved to pull pranks on his friends,” his daughter Clea Newman said a Sotheby’s auction catalog. “One of his favorite bits was making everyone who arrived late sit on the pig bench for their meeting.

Persons: Paul Newman, Joanne Woodward, Richard Nixon’s, Newman –, George H.W, George H.W . Bush, Bill Clinton, “, Melissa Newman, It’s, ” Newman, Sotheby's Newman, Luke, ”, Woodward, Eve ”, Joanne ”, Newman, –, “ Dad, Clea Newman Organizations: CNN, Rolex Locations: Hollywood, Washington, George H.W .

LOS ANGELES, June 1 (Reuters) - Dwayne "The Rock" Johnson is returning for an as yet untitled “Fast & Furious” movie as Luke Hobbs, the actor announced on Twitter on Thursday, after bowing out of the successful franchise in 2021 due to differences with star Vin Diesel. loading“Hobbs is back in the Fast and Furious franchise,” Johnson said in a video message from Hawaii, wearing a lei. “The next Fast & Furious film you’ll see the legendary lawman in will be the HOBBS movie that will serve as a fresh, new chapter & set up for FASTX: Part II,” he added. The "Fast & Furious" franchise has collected more than $7 billion at global box offices, making it the fifth-highest-grossing franchise of all time. We’ll lead with brotherhood and resolve - and always take care of the franchise, characters & FANS that we love,” he said in his post.

Persons: Dwayne, Johnson, Luke Hobbs, Vin Diesel, Hobbs, ” Johnson, HOBBS, Diesel, Jason Momoa, Mario, We’ll, ”, Moana, Chris Morgan, Danielle Broadway, Mary Milliken, David Gregorio Our Organizations: Twitter, FASTX, Mario Bros, Diesel, Thomson Locations: ANGELES, Hawaii

☆ NATO Turkey: Alliance is in a race against time to save itself from a major embarrassment
▼ + stars: | 2023-06-01 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

CNN —NATO officials are in a race against time to avoid the embarrassment of seeing the alliance miss its own stated aim of admitting Sweden to the alliance by July 11. Sweden has a permanent delegation at NATO and is considered a close partner to the alliance, meaning joining should be relatively straightforward. The second is that Turkey isn’t the only fly in the ointment: Hungary also objects to Sweden joining NATO. Sweden joining NATO would be the latest in a long list of good news stories for the alliance since Russia invaded Ukraine. That’s precisely why officials are so concerned about Turkey vetoing Sweden’s accession on NATO’s own timetable.

Persons: it’s, Recep Tayyip Erdogan’s, Christine Olsson, Erdogan, Putin’s, Putin, ”, “ Erdogan, Yves Herman, –, Emmanuel Macron, Turkey vetoing Organizations: CNN, NATO, Russia, Kurdistan Workers ’ Party, Turkish, Reuters, TT, Agency, AFP, Sweden –, European Union, Diplomats, US, EU Locations: Sweden, Finland, Ukraine, Russia, Turkey, East, Europe, Ankara, Turkish, Stockholm, Lithuanian, Vilnius –, Atlantic, North Korea, China, ”, Eastern European, Brussels, Hungary, United States, United Kingdom, Asia

☆ Firms are bringing production back home because of the Ukraine war, China's slowdown — and TikTok
▼ + stars: | 2023-06-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Earnings calls discuss 'reshoring'A number of banks noted mentions of the domestic manufacturing trend in U.S. earnings calls for the most recent quarter. And we have never … got the target right," McRaith told an audience at a supply chain conference organized by software company o9 Solutions in April. Bill McRaith Former chief supply chain officer, PVHMcRaith, a former chief supply chain officer at Tommy Hilfiger-owner PVH , said the apparel industry both over-orders and under-orders stock by about 20% to 25%. If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain. "If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain," he told CNBC's "Street Signs Asia" in April.

Persons: Luke Sharrett, Savita Subramanian, Ryan Grabinski, they're, Bill McRaith, McRaith, PVH, Tommy Hilfiger, we've, Shein, Jade Gao, it's, Keith Phillips, Joe Biden, CNBC's, Elon Musk, Phillips Organizations: European Union, Bloomberg, Getty, Bank of America, UBS, Securities, o9 Solutions, CNBC, AFP, U.S ., Reshoring, EV, U.S, EVs Locations: China, Ukraine, U.S, Europe, Brazil, Guangzhou, U.S . U.S, Corpus Christi , Texas, Tennessee, United States

☆ Prudential says CFO leaves after conduct falls short of standards
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

[1/2] People walk past a Prudential sign outside offices in the City of London March 27, 2013. REUTERS/Luke MacGregorSYDNEY/HONG KONG, May 31 (Reuters) - Prudential Plc (PRU.L) said on Wednesday its chief financial officer, James Turner, would leave the company after a code of conduct investigation into a recent recruitment showed he had fallen short of its standards. "The group sets itself high standards and Mr Turner fell short on this occasion," Prudential said in a statement, without detailing the issue. The incident was identified as part of internal processes, and the recruitment in question was not completed, a company spokesperson said, without stating the nature of the misconduct. Reporting by Scott Murdoch in Sydney and Selena Li in Hong Kong; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Luke MacGregor SYDNEY, James Turner, Turner, Ben Bulmer, Mr Turner, Anil Wadhwani, Bulmer, Scott Murdoch, Selena Li, Clarence Fernandez Organizations: Prudential, REUTERS, Prudential Plc, HK, Thomson Locations: City of London, HONG KONG, Asia, Sydney, Hong Kong

☆ Packing Figures and Charts, Roy Leads G.O.P. Revolt Against Debt Limit Deal
▼ + stars: | 2023-05-31 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

At the height of Speaker Kevin McCarthy’s quest for his post in January, Representative Chip Roy, Republican of Texas, darted from meeting to meeting ensuring that hard-line conservatives got what they wanted before agreeing to back the California Republican. One by one, nearly all of their demands were met in what Mr. Roy would later call a “power-sharing” agreement between Mr. McCarthy and his right flank. He and his allies are attempting to shoot down the agreement Mr. McCarthy reached with President Biden to suspend the debt ceiling just days before the country is headed for default. If not, he said, the House Freedom Caucus might once again have to go toe-to-toe with Mr. McCarthy. Several members have floated the idea of calling for Mr. McCarthy’s removal.

Persons: Kevin McCarthy’s, Chip Roy, Roy, McCarthy, Mr, Biden Organizations: Republican, California Republican, Republicans, Caucus Locations: Texas, California

David Solomon has been Goldman Sachs' CEO for over four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. Solomon said there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." Meanwhile, Solomon's expensive foray into consumer banking raised the ire of some longtime Goldman partners, as Insider has previously reported. The fresh faces among the Goldman Sachs executives who took the stage at the bank's investor day highlight the leadership changes under Solomon.

As the world begins to experiment with the power of artificial intelligence, a debate has begun about how to contain its risks. One of the sharpest and most urgent warnings has come from a man who helped invent the technology. Cade Metz, a technology correspondent for The New York Times, speaks to Geoffrey Hinton, whom many consider to be the godfather of A.I.

☆ MLB roundup: Rays win shootout, take series from Dodgers
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +12 min

Rays starter Josh Fleming allowed 10 runs (eight earned) on 12 hits, including five home runs, in six innings. Dylan Covey (0-1) retired only two batters in his first start since 2019 and was tagged for seven runs (five earned) on six hits. Darvish (3-4) allowed a season-high seven runs and seven hits in 2 2/3 innings. Gerrit Cole (6-0) allowed a homer to Jake Cronenworth two batters into the game and a two-run homer to Rougned Odor in the seventh. Alex Cobb (4-2) gave up a season-high seven runs on seven hits in four innings.

☆ Bryan brothers: How 'twin energy' fueled tennis' greatest ever double act
▼ + stars: | 2023-05-29 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

Bob (left) and Mike Bryan won their first grand slam title together at the 2003 French Open. “At the time, you think it’s a one-shot deal and you never know if you’ll get there again,” says Mike, reflecting on the 2003 French Open campaign. Bob (left) and Mike Bryan hold their Wimbledon doubles trophies in 2011. The Jensen brothers, coincidentally, won their only grand slam title at the 1993 French Open, 10 years before the Bryans captured their first. Bob plays keyboard, Mike guitar and drums; together, they have performed at bars, clubs and even tennis tournaments as part of the Bryan Brothers Band.

☆ With Debt Limit Deal in Hand, McCarthy and Biden Turn to Task of Selling It
▼ + stars: | 2023-05-28 | by ( Luke Broadwater | Chris Cameron | ) www.nytimes.com time to read: +1 min

“Terrible policy, absolutely terrible policy,” Representative Pramila Jayapal, Democrat of Washington, said on CNN’s “State of the Union,” referring to the work requirements for food stamps and other public benefit programs. Some on the right had already ruled out doing so before seeing the details. “No one claiming to be a conservative could justify a YES vote,” Representative Bob Good, Republican of Virginia and a member of the House Freedom Caucus, wrote on Twitter. Representative Dan Bishop, Republican of North Carolina, posted his reaction to news of the deal: a vomit emoji. Some Senate Republicans, who under that chamber’s rules have more tools to slow consideration of legislation, were also up in arms.

According to a person familiar with the agreement, it also would impose new work requirements for some recipients of government aid, including food stamps and the Temporary Assistance for Needy Families program. It would place new limits on how long certain recipients of food stamps — people under the age of 54, who do not have children — could benefit from the program. The work requirements and the environmental review reforms were among the last details the two sides worked out on Saturday. Economists and Wall Street analysts warned that a default would be devastating and potentially lead to a global economic meltdown. To avert a default, the House and the Senate must pass the deal and send it to Mr. Biden for his signature.

President Biden and Speaker Kevin McCarthy spoke by telephone on Saturday evening as White House and congressional Republicans worked feverishly to cement a deal to raise the nation’s debt ceiling and avert a fiscal crisis. The call took place after Representative Patrick T. McHenry, Republican of North Carolina and one of the lead negotiators, told reporters on Capitol Hill earlier Saturday that the parties were either “hours or days” away from an agreement. Two people close to the talks who insisted on anonymity to discuss the state of play said the conversation between Mr. Biden and Mr. McCarthy — who have not spoken directly since they met at the White House six days ago — would determine whether a final agreement could be reached later Saturday or negotiations would have to continue. “Big, thorny issues remain — some that the president and the speaker have to resolve at that level,” said Mr. McHenry, who has been involved in negotiations for 11 days.

☆ Behind the Scenes: Midnight Calls and Marathon Meetings, Night After Night
▼ + stars: | 2023-05-26 | by ( Katie Rogers | Luke Broadwater | ) www.nytimes.com time to read: +1 min

On Capitol Hill, the delicate talks to avert default on the government’s debts this week took place over middle-of-the-night video calls, marathon meetings in an opulent conference room, and at least one early morning bike ride. At the White House, evening tour groups were diverted from the West Wing because President Biden was in the Oval Office with his chief of staff and other advisers, who needed his quick feedback. But all of the talking has so far failed to produce a deal to raise the country’s debt limit, raising fears of a potentially catastrophic default that could upend financial markets, spike interest rates and end in a downgrade of the nation’s credit. The negotiators got a bit of breathing room on Friday afternoon, when Treasury Secretary Janet L. Yellen said the United States could run out of money to pay its bills on time by June 5 — a slight extension from the previous forecast of as early as June 1.

☆ Virgin Galactic launches high-stakes flight carrying passengers to the edge of space
▼ + stars: | 2023-05-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The space plane is designed to then detach from the mothership, fire its rocket engine and swoop straight up with its two pilots at the controls. Virgin Galactic confirmed just before 12:30 p.m. The space plane then coasted back to a landing back at New Mexico’s Spaceport America. The SpaceShipOne technology was parlayed into a larger space plane design, called SpaceShipTwo, which Virgin Galactic still flies today. Virgin Orbit, a sister company to Virgin Galactic that is focused on launching satellites to space on a small rocket, filed for bankruptcy in April.

☆ Virgin Galactic completes Unity 25 spaceflight in key final test before commercial service
▼ + stars: | 2023-05-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Virgin Galactic did not publicly livestream the flight unlike the previous one that carried founder Sir Richard Branson in July 2021. ET, carrying the company's VSS Unity spacecraft up to an altitude of about 40,000 feet. Virgin Galactic previously said it aims to fly its first commercial mission in "late June," assuming a successful test flight on Thursday. Virgin GalacticUnity 25 represents a crucial moment in the history of Virgin Galactic, which has suffered repeated setbacks and years of delays in developing its spaceflight system. Virgin Galactic has yet to generate meaningful revenue, and needs to be flying spaceflights regularly in order to do so.

☆ Carper Says He Will Retire, Vacating Seat in Solidly Democratic Delaware
▼ + stars: | 2023-05-22 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

Senator Thomas R. Carper, a veteran Democrat from Delaware, announced on Monday that he would not seek re-election next year, opening up a seat in a deep-blue state that he said he hoped would go to his handpicked successor. Mr. Carper, 76, is in his fourth term in the Senate and is the last surviving Vietnam veteran to serve there. He has held public office since the 1970s, first as Delaware’s treasurer, then for a decade as a congressman, then as governor and, since 2001, as a senator. “This just seems like a good time just to turn the page and move on,” Mr. Carper said at a news conference in Wilmington, Del. He added, “I’ve got miles to go, and I’m going to make every day count.”The senator said he intended to do all he could to help Representative Lisa Blunt Rochester, the Democrat who serves as the state’s only member of the House and was his former intern, win the race to succeed him.

Voters in the 2022 midterms seemed to send a clear message — a rejection of Trumpism and extremism. And yet it appears increasingly likely that he will win the Republican nomination for the 2024 presidential election. Astead W. Herndon, a national political correspondent for The Times and the host of the politics podcast The Run-Up, explains what shifted in Republican politics so that Mr. Trump’s nomination could start to seem almost inevitable.

☆ MLB roundup: Aaron Judge helps Yankees stun Reds
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +10 min

Jake Fraley and Spencer Steer hit RBI singles before Luke Maile hit a two-run homer in the fourth to give Cincinnati a 4-1 lead. George Springer hit a two-run homer for Toronto and Danny Jansen added a solo shot. Spencer Torkelson went 2-for-4 with a two-run homer for the Tigers, who head into Sunday's rubber match having dropped two of their past three contests. Diamondbacks 4, Pirates 3Pavin Smith's go-ahead, two-run homer in the seventh lifted visiting Arizona to a win over Pittsburgh. The Seattle offense was led by Eugenio Suarez, who was 2-for-4 with a two-run homer and three RBIs.

☆ Bosses want people in the office. The class of 2023 is ready.
▼ + stars: | 2023-05-21 | by ( Ethan Dodd | Madison Hoff | ) www.businessinsider.com time to read: +8 min

Surveys show Gen Z and class of 2023 graduates want an in-person experience. In-person work can provide young workers with community, keep them engaged, and enhance their early workplace learning. Not so with Gen Z and the class of 2023. This generation wants the community, learning opportunities, and engagement that in-person work can provide — although some young professionals aren't a fan of in-office roles and prefer remote work. "Especially for new grads, they should balance the flexibility that they have for remote work and finding new opportunities with some of the benefits of in-person work," Pardue said.

☆ The biggest home buyers in America are now selling more property than they're buying
▼ + stars: | 2023-05-19 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Commercial property headwinds aside, today we're looking at the residential housing market, which is undergoing its own shifts, but not exactly in the same direction. Tell someone that the housing market is so unfavorable right now that the biggest home buyers in the country are actually net sellers now. American Homes 4 Rent, for example, bought 312 single-family homes and sold 666 to start the year. Similarly, Invitation Homes, the largest owner of single-family rentals in the US, bought 194 homes and sold 297 in the first quarter of 2o23. Naturally, the housing market has slowed down for everyday Americans, too, given the steep mortgage rates and lack of affordability.

☆ Market misjudging fundamentals in some top tech businesses, says Goldman's Luke Barrs
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket misjudging fundamentals in some top tech businesses, says Goldman's Luke BarrsLuke Barrs, Goldman Sachs head of client portfolio management, joins 'Squawk on the Street' to discuss Bars' thoughts on where investors should place their money, if the day's moves are reacting to the debt ceiling debate and much more.

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