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Brooke Ellison, who after being paralyzed from the neck down by a childhood car accident went on to graduate from Harvard and became a professor and a devoted disability rights advocate, died on Sunday in Stony Brook, N.Y., on Long Island. Her death, in a hospital, was caused by complications of quadriplegia, her mother, Jean Ellison, said. As an 11-year-old, Brooke had been taking karate, soccer, cello and dance lessons and singing in a church choir. But on Sept. 4, 1990, she was struck by a car while running across a road near her home in Stony Brook. After waking from a 36-hour coma, she spent six weeks in the hospital and eight months in a rehabilitation center.
Persons: Brooke Ellison, Jean Ellison, Brooke Organizations: Harvard Locations: Stony Brook, N.Y, Long
Temu, the controversial Chinese e-commerce giant looking to take on Amazon , is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The multi-million dollar investment put Temu on the map and by the end of 2023, it was the No. On Wednesday, 11 Republican lawmakers sent a letter to the CEOs of CBS, which is airing the Super Bowl, and parent company Paramount urging them not to run the advertisement. "Specifically, Temu 'does not have any system to ensure compliance with the Uyghur Forced Labor Prevention Act (UFLPA). Allowing Temu's commercial to air "would be a touchdown for the Chinese Communist Party against the home team," the letter stated.
Persons: haven't, Temu, Carol Miller, Byron Donalds, Jim Banks, Nicole Malliotakis, Christopher Smith, Pete Stauber, Ronny Jackson, Michelle Steel, Beth Van Duyne, James Baird, Mike Carey Organizations: Paramount Global, CBS, PDD Holdings, U.S, Republican, Paramount, Bowl, Chinese Community Party, Uyghur, Labor, Chinese Communist Party, Reps, Ohio . Paramount Locations: U.S, United States, Ohio
By a final tally of 67-32, senators voted to begin debate on a $95 billion aid package to fund Ukraine, Israel, Taiwan and humanitarian aid in war-torn regions. The $95 billion bill was a stripped-down version of the Senate's $118 billion bipartisan funding package, which was released on Sunday. Ukraine aid was the centerpiece of a particularly dramatic saga in September. But Johnson's hatred for CRs might not be enough to outweigh his desire to torpedo the Senate's foreign aid bill. Even if senators can pass the $95 billion, border-less bill, House Republicans have not confirmed which way they will swing on it.
Persons: Chuck Schumer, Schumer, tanked, Kevin McCarthy, McCarthy, Mike Johnson Organizations: Democratic Caucus, U.S . Capitol, Republicans, Republican, CRs Locations: Washington , U.S, Ukraine, Israel, Taiwan
As China's property market and deflation woes continue to rattle investors, India's growth outlook appears all the more impressive. Last year's annual report attributed strong revenue growth partially to expansion in the Middle East, India, and Asia, Krishna wrote. "More than revenue, India is an important area for sourcing talent" as well, Krishna wrote. Growth potential For investors looking to gain exposure to the domestic stock market, Indian equities themselves aren't especially cheap though. "You're paying for the growth potential in India, certainly.
Persons: Morgan Stanley, Chetan Ahya, Ahya, Bernstein, , Narendra Modi, Bill Fitzpatrick, Fitzpatrick, Quincy Krosby, Venu Krishna, Aecom, Krishna, Tim Long, Long, Simon Coles, Krosby, Jeffrey Gundlach, Gundlach, CNBC's, — CNBC's Michael Bloom Organizations: Investment, Logan Capital Management, Modi, Infrastructure Pipeline, Aecom, Barclays, Cisco Systems, Juniper Networks, India —, Semiconductor, Micron Technology, Qualcomm, Logan Capital Locations: India, China, Asia, Philadelphia, South Carolina . U.S, Dallas, East, Asia Pacific, Japan, Coles , U.S, U.S, IShares
Here are the biggest calls on Wall Street on Thursday: Jefferies reiterates Walmart as buy Jefferies sees a $20 billion AI and automation opportunity for Walmart. Goldman Sachs upgrades Roblox to neutral from sell Goldman upgraded the stock following its earnings report and sees "margin momentum." Needham upgrades Disney to buy from hold Needham upgraded the theme park operator after its earnings report, seeing "strong" earnings per share growth. Morgan Stanley downgrades American Express to equal weight from overweight Morgan Stanley downgraded the credit card stock mainly citing valuation. Wells Fargo reiterates Disney as overweight Wells says it's standing by its overweight rating on the stock following earnings on Wednesday. "
Persons: Jefferies, Morgan Stanley downgrades Hertz, Morgan Stanley, Goldman Sachs, Goldman, Needham, Ally, it's, Wells, Macquarie, BABA, Oppenheimer, Davidson, NYCB, Guggenheim, TD Cowen, Wedbush, Wolfe, Baird, Tesla Organizations: Walmart, Discover, DFS, Barclays, PNM Resources, New, Express, DIS, Six, York Community Bancorp, Guggenheim, UBS downgrades Air Products, UBS, Products, Deutsche Bank, AstraZeneca, Deutsche, Apple, Nvidia Locations: New Mexico, Texas, OW, North America, China, GPRO
But Republicans are divided about how to proceed, and GOP leaders were still scrambling to find a plan that their senators could back. It left Senate Republicans fractured and frustrated just as Senate Republican leader Mitch McConnell of Kentucky is trying to find a way to squeeze the assistance for Ukraine through Congress. Ukraine supporters say the drop-off in U.S. support is already being felt on the battlefield and by civilians. “My priority is border security. It’s always been border security.
Persons: Chuck Schumer, Mitch McConnell of, Mike Johnson, , Sen, Thom Tillis, It’s, Roger Marshall, Organizations: WASHINGTON, , GOP, Republicans, Republican, Ukraine Locations: Ukraine, Israel, Mitch McConnell of Kentucky, United States, Kyiv, Russia
Pluto Markets, a trading app backed by famed accelerator Y Combinator, has raised $2.6 million in fresh funds. The Danish fintech startup, founded in 2021, wants to upend the market for retail trading offerings in Europe. "Companies raised a lot of money to blitz scale across the EU but have now focused on their core markets. Unlike most fintech brokerages, Pluto secured an EU-wide investment license before it had raised $1 million in funding, having bootstrapped and stayed lean. You can check out Pluto Market's 14-slide pitch deck below:
Persons: Joakim Bruchman, Goldman Sachs, We've, Bruchmann, Pluto, Oscar Vingtoft Organizations: Business, Companies, Trade Republic, Saxo Bank, EU Locations: Danish, Europe, Denmark, France, Germany, Berlin
BUFFALO, N.Y. (AP) — A man who sued Buffalo police after being ticketed for shouting at an officer to turn on his headlights can move forward with his legal action, an appeals court ruled. R. Anthony Rupp III, a civil rights attorney, said he did not intend to sue after his December 2016 encounter with two police officers. “You know you can be arrested for that,” McAlister told Rupp through an open window. Rupp responded that McAlister should not be driving after dark without his headlights activated and told the officer he almost caused an accident. McAlister then “got out of his vehicle and told Rupp he was detained,” the lawsuit said.
Persons: Anthony Rupp III, Todd McAlister, Nicholas Parisi, Meech ” Davis, Rupp, Meech Davis, ” Rupp, McAlister, ” McAlister, , Parisi Organizations: Buffalo, U.S ., U.S Locations: BUFFALO, N.Y, Buffalo
Circuit holds that Trump cannot invoke immunity as a defense against charges connected to his attempts to overturn the 2020 presidential election and a violent insurrection at the Capitol on Jan. 6, 2021. “For the purpose of this criminal case, former President Trump has become citizen Trump, with all of the defenses of any other criminal defendant,” the panel’s ruling states. “The Indictment charges that former President Trump violated criminal laws of general applicability,” the opinion states. The panel ruling was unanimous and effectively bipartisan, with Democratic- and Republican-appointed judges in agreement. Such an appeal would continue a stay of the panel’s ruling until the high court acted.
Persons: Donald Trump’s, Trump, , ” Trump, Steven Cheung, , , ” “, Tanya Chutkan, Barack Obama, Karen LeCraft Henderson, George H.W, George H.W . Bush, J, Michelle Childs, Joe Biden, Florence Y, Pan, Appeal Trump Organizations: U.S ., Appeals, Circuit, Capitol, Trump, ” Trump Supporters Storm, Democratic, Republican, Appeal, Supreme Locations: United States, George H.W .
At McDonald’s, which has repeatedly boasted about its ability to raise menu prices without denting sales, executives are finally acknowledging that customers need a break. But his focus on affordability marked a shift from just a few months ago, when he boasted that US menu prices, which went up as much as 10% in 2023 alone, weren’t deterring sales. On TikTok, it’s a common refrain for McDonald’s customers to say the company has gone too far, charging more than $3 for a single hash brown in some locations. Still, up until recently, McDonald’s found most customers were still willing to pay. Kempczinski said McDonald’s would double down on its “D123” strategy, which prices some items between $1 and $3.
Persons: Chris Kempczinski, Kempczinski, didn’t, , McDonald’s, y’all y’all, “ we’re, Organizations: New, New York CNN — Corporate Locations: New York, Darien , Connecticut, United States, Darien, America, Des Moines
China's economy has crawled out of the pandemic far below the pace of what most analysts expected, and if policymakers don't step in with sufficient support in 2024, a "debt-deflation spiral" could ensue. Deflation and falling stocksThe researchers said China's leadership has failed to address the lopsided supply and demand dynamics in particular. Meanwhile, deflation has crushed corporate earnings and stock prices in China, as well as wage growth and tax revenues. Nominal GDP grew at 4.6% in 2023, 0.6 points below real growth. "The economy could fall into a debt-deflation spiral without adequate policy support."
Persons: Gene Ma, Phoebe Feng, Ma, Feng, Banks Organizations: Wall Street, Institute of International Finance, CSI, People's Bank of Locations: China, Beijing, People's Bank of China
LOS ANGELES (AP) — After two years of his popular Las Vegas residency at Park MGM, releasing his first solo album in eight years, and headlining the 2024 Super Bowl halftime show, Usher will embark on a North American tour. The R&B-pop icon will embark on his 24-city “Past Present Future" tour beginning Aug. 20 at the Capital One Arena in Washington D.C. It will hit many major cities in North America before concluding in Chicago at United Center on Oct. 29. Usher will take on the Super Bowl on Sunday at Las Vegas' Allegiant Stadium. In his first Super Bowl performance, he descended from the stadium ceiling to perform “OMG” in Arlington, Texas.
Persons: Usher, Verizon presale, will.i.am, ” Usher Organizations: ANGELES, Las, Park MGM, Capital, United Center, Citi, Verizon, Associated Press Locations: Las Vegas, American, Washington, North America, Chicago, Baltimore, Boston, Philadelphia, Toronto, Brooklyn, N.Y, Detroit, Denver, Los Angeles, Oakland, Calif, Dallas, Austin , Texas, Miami, Atlanta, Charlotte, N.C, Louis, LiveNation.com, Arlington , Texas
House Republican leaders scrambled Tuesday to lock down enough support in their caucus to pass a bill to impeach Homeland Security Secretary Alejandro Mayorkas. A procedural vote to begin debate on the Mayorkas impeachment resolution passed the House Tuesday afternoon, but six members missed the vote: Three Republicans and three Democrats. "I am a lean 'no,'" Rep. Ken Buck, R-Colo., told CNBC last week as the House Homeland Security Committee debated the articles of impeachment. House Republicans have 219 seats with three vacancies versus Democrats' 212, with one vacancy. House Republicans allege that Mayorkas has intentionally disobeyed federal immigration laws and has prevented oversight of the Homeland Security Department.
Persons: Alejandro Mayorkas, Ken Buck, it's, Buck, Tom McClintock, McClintock, Mayorkas, Joe Biden, Biden, Chuck Schumer Organizations: of Homeland Security, Appropriations Homeland, Capitol, Republican, Homeland, CNBC, House Homeland Security, Republicans, [ Homeland Security, Homeland Security Department, Democrat Locations: Washington, U.S
The House had already gone on the record in support of an Israel aid package. The vote for more Israel aid was 250-180, well short of the two-thirds threshold necessary for passage. “Leveraging Israel aid as it fights for survival is wrong,” Johnson said. Democrats said presidential politics played into the route House Republicans took in going ahead solely with aid for Israel. “Trump doesn't want to support Ukraine, and he also doesn't want a border deal because it hurts him politically.
Persons: Mike Johnson's, Alejandro Mayorkas, Johnson, Israel, Joe Biden's, Hakeem Jeffries, There’s, ” Johnson, “ Trump, Donald Trump's, Adam Smith, Lois Frankel of, embolden, ” Frankel, Trump, Donald Trump, , Chuck Schumer Organizations: WASHINGTON, House Republican, Homeland, Republicans, Internal Revenue Service, Democratic, Republican, White, House Republicans, Israel, House Armed Services Committee, Rep, Ukraine, Putin Locations: Israel, Ukraine, U.S, Mexico, Lois Frankel of Florida, Gaza
HARTFORD, Conn. (AP) — Marijuana retailers in Connecticut say a dearth of licensed growers in the state’s fledgling legal pot industry has left them with a shortage of product to sell. The supply problem has appeared after slow retail growth in neighboring New York last year left growers there struggling with the opposite: an excess of supply. So each state that legalizes marijuana is left with its own process for licensing growers and sellers, and trying to create a balance between the two within state borders. When recreational sales became legal in Connecticut in January 2023, he said, there were seven dispensaries in the state and four producers. New York belatedly hastened the pace of retail openings, and the state listed 61 adult-use dispensaries open statewide Monday.
Persons: Benjamin Zachs, Fine, ” Zachs, , Kaitlyn Krasselt, Gail Hepworth, “ It’s, Brittany Carbone, Zachs, , he's, ___ Organizations: , Connecticut Department of Consumer Protection, Retailers, New, Farmers, Hepworth, Tricolla, Cannabis Association of New Locations: HARTFORD, Conn, Connecticut, New York, we're, ” New York, Hudson, Cannabis Association of New York, Altamont, N.Y
NORMAN, Okla. (AP) — “Beer For My Horses” singer-songwriter Toby Keith has died. “The money to be made was unbelievable,” Keith told The Associated Press in 1996. “Should’ve Been a Cowboy,” his breakout hit, was played 3 million times on radio stations, making it the most played country song of the 1990s. “They were trying to get me to compromise, and I was living a miserable existence,” Keith told the AP. “I always felt like that the songwriting was the most important part of this whole industry,” Keith told the crowd of fellow singers and writers.
Persons: NORMAN, Okla, Toby Keith, Keith, , , Beer, Willie Nelson, ” Keith, I’ve, I’m, ” ‘, Harold Shedd, Shedd, “ Should’ve, Shania Twain, That’s, “ I’ve, Bobby Braddock, “ They’re, He’s, George W, Bush, Barack Obama, Donald Trump, We’ll, Singer, Steve Earle, Natalie Maines, Maines, Saddam Hussein, FUTK, Ethan Hawke, Kris Kristofferson, Hawke, Vince Gill, Scott Borchetta, Trace Adkins, Joe Nichols, Josh Thompson, Clay Walker, Phil Vassar Organizations: Associated Press, Oklahoma City Drillers, United States Football League, Mercury Records, Alabama, AP, DreamWorks Records, Academy of Country, “ Billboard, Arts, , Universal Music Group, DreamWorks, Universal, Songwriters Hall of Fame, BMI Locations: Oklahoma, Texas, Nashville, Mercury, Oklahoma City
Samsung Chief Lee Cleared of Charges in 2015 Merger Case
  + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: 1 min
SEOUL (Reuters) - Samsung Electronics Chairman Jay Y. Lee was found not guilty by a Seoul court on Monday in a case related to irregularities in a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group.
Persons: Jay Y, Lee Organizations: Samsung Electronics, Samsung Locations: SEOUL, Seoul
Billy Joel’s first new pop song in nearly two decades was sparked by someone miles from the record business: a Long Island doctor. Joel, 74, has long made it known that he isn’t interested in making more albums. (“He is everything,” Olivia Rodrigo, 20, who referenced him in her song “Deja Vu,” said last summer.) Over the years, the list of people who’d tried to cajole him back into writing and recording grew legion: Clive Davis. Yet when Joel’s family doctor urged him to meet “a kid” interested in discussing music near his place out east in Sag Harbor, he agreed to a lunch.
Persons: Billy Joel’s, Joel, , that’s, , ” Olivia Rodrigo, who’d, Clive Davis, Rick Rubin, Elton John Locations: Oyster Bay, N.Y, , Sag Harbor
Mr. Montgomery was indicted in July by the Manhattan district attorney’s office, accused of a scheme to funnel campaign contributions to the mayor and to conceal the source of donations. In his plea Monday, Mr. Montgomery, 64, agreed not to organize or host any fund-raisers or solicit contributions for a campaign for one year. In return, the district attorney, Alvin L. Bragg, said that he would recommend that Mr. Montgomery complete 200 hours of community service and pay a $500 fine. The mayor was not implicated in the indictment and has not been accused of any wrongdoing. When the charges became public, his campaign spokesman, Evan Thies, thanked Mr. Bragg’s prosecutors for “their hard work on behalf of taxpayers.”
Persons: Dwayne Montgomery, Eric Adams, Montgomery, Alvin L, Bragg, Evan Thies, Mr, Locations: Manhattan
Samsung chief Lee cleared of charges in 2015 merger case
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: +1 min
Samsung Electronics Co. Executive Chairman Lee Jae-yong leaves after attending a final decision at the Seoul Central District Court on Feb. 05, 2024 in Seoul, South Korea. Seoul Central District Court acquits Samsung Electronics Co. Executive Chairman Lee Jae-yong in controversial 2015 merger case. Samsung Electronics Chairman Jay Y. Lee was found not guilty by a Seoul court on Monday in a case related to irregularities in a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group. Lee denied wrongdoing, arguing that he and other executives acted on the belief the merger would benefit shareholders. The sentence prevents a return to jail for Lee who was convicted in 2017 of bribing a friend of former President Park Geun-hye.
Persons: Lee Jae, Jay Y, Lee, Prosecutors, Park, Yoon Suk Organizations: Samsung Electronics Co, Seoul Central, Court, Samsung Electronics, Samsung Locations: Seoul, South Korea
For the founders behind the IRL social startup 222, it's all about the "magic of the backyard." The 222 team then organizes a multi-stage meetup, which includes a restaurant as well as another venue like a museum or a bar. At its events, 222 wants attendees to feel comfortable and leave "judgment at the door," said Hashemi, 222 's COO. "A lot more people are coming around to this idea of in real-life social," Hashemi said. Kazemian, Hashemi, and Roshannai, meanwhile, want to help swing the pendulum back to IRL — back to real relationships.
Persons: Keyan Kazemian, Danial Hashemi, Arman Roshannai, — Kazemian, Hashemi, Roshannai, Kazemian, , Catalyst, Arash Ferdowsi, Cory, Catalyst's Niko Bonatsos, Sydney Bradley Organizations: Business, Scrum Ventures, Dropbox, University of Southern, YC, Tech, IRL Locations: Los Angeles, California, New York, New York City, University of Southern California, SoHo , New York
I tried 28 dips and spreads from Trader Joe's to see which would be the best for a Super Bowl party. As a regular connoisseur of Trader Joe's salsas and spreads, I decided to try some of the chain's most popular dips. AdvertisementThe pimento cheese dip basically was comfort food in a containerTrader Joe's pimento cheese dip was soft and flavorful. VERDICT: I may not be an expert on Southern dips, but Trader Joe's pimento cheese option tasted like a winner. So it was unsurprising that Trader Joe's upgraded version of this familiar favorite turned out to be one of the standout dips I tried.
Persons: Joe's, , Wilson, I'm, I'd, could've, Savanna, pico de gallo, Wilson I'm, jalapeño hummus, hummus, it's, Wilson It's, tzatziki, Wilson I've, Joe's tzatziki, Margherita, I've, pico, gallo, It's, Wilson Chunky, you've Organizations: Super Bowl, Service, Wilson, Joe's Locations: Buffalo, Savanna, Southern, dill, Joe's Buffalo, Monterey Jack, cayenne
Senators on Sunday raced to release a highly-anticipated bill that pairs border enforcement policy with wartime aid for Ukraine, Israel and other U.S. allies as part of a long-shot effort to push the package through heavy skepticism from Republicans, including House Speaker Mike Johnson. With Congress stalled on approving tens of billions of dollars in Ukraine aid, the U.S. has halted shipments of ammunition and missiles to Kyiv, leaving Ukrainian soldiers outgunned as they try to beat back Russia's invasion. However, in an election-year shift on immigration, Biden and many Democrats have embraced the idea of strict border enforcement, while Donald Trump and his allies have both criticized the proposed measures as insufficient. Johnson, a Republican of Louisiana, in an interview Sunday on NBC's "Meet the Press" said he was unaware of the bill's details, but pointed to a House proposal of hardline immigration measures. The border proposal, which took months to negotiate, is aimed at gaining control of an asylum system that has been overwhelmed by historic numbers of migrants coming to the border.
Persons: Volodymyr Zelenskyy, Mitch McConnell, Chuck Schumer, Mike Johnson, Joe Biden, Sen, McConnell, Biden, Donald Trump, Johnson, , Trump, Israel —, Kyrsten, Hakeem Jeffries, Senate appropriators Organizations: U.S, Senators, Capitol, Sunday, Republican, House Republicans, Senate, Israel, Republicans, CBS, Border Patrol, Migrants, Capitol . House Democratic, Washington , D.C Locations: Ky, Ukraine, Israel, U.S, Kyiv, Louisiana, Arizona, Mexico, Washington ,, Gaza
Farrer is better known as the Timepiece Gentleman, the flashiest online dealer in the $75 billion luxury watch trade. All he needed was the right name for his luxury watch business — something distinctive, something memorable. In his mind, he pictured what the ultimate luxury watch dealer would look like. To launch his career as the Timepiece Gentleman, Farrer boned up on the jargon of horology, from escape wheels and spring barrels to flinques and guilloches. Despite the staggering size of the luxury watch trade, nobody had thought to market its glamour and mystique.
Persons: Reddit, I've, Anthony Farrer, Farrer, Mark Wahlberg, Marky Mark, Patek Philippes, Sharf, Prada, he'd, Cameron, Travis Baker, chronograph, Richard Chance, He'd, timepieces, Farrer boned, they're, Kevin Hart, It's, Buyers, Darby McVay, McVay, Liz Guilliams, Guilliams, You've, Dallas —, Crimepiece, vouching, Santa Monica, , Darth Vader, y'all, reselling, Anthony, stiffing, Wesley Stokes, Stokes, Bob Schober, Joe Haden, Richard Mille, Schober, He's, Peter, Paul, didn't Organizations: YouTube, FBI, Timepiece Gentlemen, Watch, Buffalo Wild Wings, Business, Boston Consulting Group, Texans, Craigslist, Lamborghini, Malibu, Downtown, Hollywood, Cleveland Browns, TPG, Ducati, Venice Locations: Venice , California, Venice, backwoods Texas, Reddit, cowpoke, Sherman , Texas, Dallas, It's, Salt, Riding, Los Angeles, In Dallas, LA, Santa, Texas, Downtown Los Angeles, South Carolina, Scottsdale , Arizona, Stokes
Senators on Sunday released the details of a $118.2 billion aid proposal for Ukraine, Israel and the southern U.S. border, after months of painstaking, closed-door negotiations. The publication of the bill marks a small victory for Senate negotiators who have gone back and forth for months on how to fund border security and whether to continue supporting Ukraine. But just as soon as the Senate back-patting is over, the proposal will face its next major battle: House Republicans. Republican lawmakers have been preparing to greet the Senate bill with hostility. Speaker Mike Johnson, R-La., on Saturday announced a House proposal that would fund Israel alone, a blatant attempt to preempt the Senate's broader foreign aid bill.
Persons: Chuck Schumer, Joe Biden, Mike Johnson, Israel, Johnson, Jake Sullivan, Donald Trump, NBC's, Trump, Schumer, Biden, we've, Karine Jean, Pierre Organizations: Sunday, Republicans, Republican, Saturday, America, Press, Biden Locations: Ukraine, Israel, U.S
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