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7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.
Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket
On Thursday Israel launched airstrikes against Hezbollah targets in southern Lebanon and on Wednesday Israeli Defense Minister Yoav Gallant stated a “new era” of war is beginning. Several of the hostage families are in Washington this week, just under three weeks from the anniversary of the October 7 attacks. Ronen Neutra, the father of Omer Neutra, said on Wednesday he was “horrified” by Goldberg-Polin’s death. How can it be that an American was murdered, and yet people are in the streets in New York cheering for Hamas? “As far as Prime Minister Netanyahu?
Persons: pagers, ” Adi Alexander, Edan Alexander, Jake Tapper, , Israel, Alexander, Tapper, Yoav Gallant, Joe Biden, , Benjamin Netanyahu, Netanyahu, Biden, Iris Weinstein Haggai, “ It’s, we’re, ” Weinstein Haggai, Jake Sullivan, Hersh Goldberg, Goldberg, Ronen Neutra, Omer Neutra, I’m, ” Neutra, Jonathan Dekel, Chen, Sagui Dekel, ” Dekel, ” “, CNN’s Eugenia Yosef, Arlette Saenz Organizations: CNN, Thursday Israel, Wednesday Israeli, Israeli, United Nations General Assembly, Democratic National Convention, United Nations, General Locations: Gaza, Lebanon, New York, Washington, Israel, United
Read previewDomantas Katelė, an official in Lithuania's Ministry of Social Security and Labour, is widely known as his country's "Gen Z" minister. AdvertisementThe World Happiness Report backs up his claim, ranking Lithuania as the happiest place in the world for those under 30 earlier this year. AdvertisementIt seems paradoxical: How can a country be great for young people while also being Europe's suicide capital? Užupis, a small district alongside the Vilnia River, is popular with Vilnius' young, bohemian crowd. AdvertisementDomantas Katelė is often referred to as the "Gen Z" minister.
Persons: , Z, it's, Joshua Nelken, Zers, Adriana Doroškevičiūtė, Richard Bogu, It's, Bogu, Antanas Grižas Organizations: Service, Lithuania's Ministry of Social Security, Labour, Business, Union, Lithuania, European Union, Data, BI, Soviet Bloc Locations: Lithuania, Vilnius, Soviet Union, Europe, Old, Užupis, Soviet
Historian John McManus rates the accuracy of World War II battles in movies and TV shows. He describes the many challenges of the Battle of Okinawa as portrayed in "Hacksaw Ridge," starring Andrew Garfield, Vince Vaughn, and Sam Worthington. He compares the portrayals of the Battle of Iwo Jima in Clint Eastwood's "Flags of Our Fathers," starring Ryan Phillippe, Adam Beach, and Paul Walker; and "Letters From Iwo Jima," starring Ken Watanabe. He discusses World War II-era munitions in "The Pacific," starring Joseph Mazzello and Rami Malek. He breaks down the tank battles in "Battle of the Bulge," starring Henry Fonda and Charles Bronson.
Persons: John McManus, Austin Butler, Barry Keoghan, Andrew Garfield, Vince Vaughn, Sam Worthington, Clint Eastwood's, Ryan Phillippe, Adam Beach, Paul Walker, Ken Watanabe, Joseph Mazzello, Rami Malek, Michael Bay's, Ben Affleck, Josh Hartnett, Alec Baldwin, Nicolas Cage, Mark Ruffalo, Henry Fonda, Charles Bronson, Sean Penn, Jared Leto Organizations: Business Locations: Okinawa, Iwo Jima
CNN —A former OceanGate scientific director said the Titan submersible suffered a malfunction six days before imploding in June 2023, killing all five people on board. The dive was aborted because, upon resurfacing, a platform malfunction caused by an issue with the variable ballast tank, which controlled the submersible’s buoyancy, caused the platform to invert to 45 degrees with the back bow facing upward. Because the platform malfunction took considerable time to correct, the dive was aborted and they returned to the surface to fix the issue. He said he knew the Titan submersible had not been inspected by the United States Coast Guard in 2021, 2022 or 2023. Ross also mentioned two incidents during the 2022 Titanic expedition dives, including a loud bang heard while surfacing in Dive 80.
Persons: CNN —, Steven Ross, ” Ross, Rush, Ross, could’ve, Scott Griffith, Griffith Organizations: CNN, Titan, imploding, Stockton Rush, United States Coast Guard
Business Insider's personal finance team compared Navy Federal Credit Union personal loans to the best personal loan companies and found it to a standard offering. Navy Federal Credit Union (NFCU) is a credit union that serves the military community and their families. Navy Federal Personal Loan Credit RequirementsNavy Federal doesn't make its minimum credit score to be eligible for a personal loan public — though in general, a higher credit score will secure you a lower rate. Navy Federal Personal Loan AlternativesNavy Federal Personal Loans vs. PenFed Personal LoansWith a range of 8.99% to 18.00%, offers a minimum loan amount than what you can get with PenFed, which as a range of 8.99% to 17.99%. Navy Federal Personal Loan FAQsWhat credit score do I need for an NFCU personal loan?
Persons: Fiona Insider’s, you'll, ber, you've, Foster, I'm, Ryan Wangman, Read, Elias Shaya, Elias, Potters Rebecca Potters, Rebecca Organizations: Navy Federal Credit, Navy Federal Credit Union, Federal Credit Union, Navy Federal, Department of Defense, Navy, Federal, National Guard, Social, Loan, Foster Care, Better, BBB, Chevron, DoD, Finance, Northwestern University, Boston Globe, Business, Banking Savings, McGill University Locations: creditworthiness, Alliant, Chevron, New York City
Moscow — Vladislav Bakalchuk, the estranged husband of Russia’s richest woman, was arrested and charged with murder Thursday, his lawyers said, after a deadly shootout at the Moscow office of Russia’s largest online retailer. Two people were killed in a shooting Wednesday just a few blocks away from the Kremlin at the Wildberries office, as a dispute over the company’s future took a violent turn. Tatyana founded Wildberries, Russia’s answer to Amazon, in 2004, growing it from an online clothes reseller into a major marketplace for all kinds of goods. Tatyana Bakalchuk, billionaire and chief executive officer of Wildberries OOO, pictured in her office in Moscow, Russia, on Feb. 16, 2021. Tatyana said Vladislav and his colleagues had tried to seize the office and that there was no meeting scheduled.
Persons: Moscow — Vladislav Bakalchuk, Russia’s, Vladislav, Tatyana Bakalchuk, Wildberries, Russ, Tatyana, Elena Chernyshova, Robert Mirzoyan, Ramzan Kadyrov, Vladimir Putin’s, “ Vladislav Organizations: Kremlin, Russ Group, Bloomberg, Getty Locations: Moscow, Russia, RVB, Wildberries, Soviet Union
Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the country needs a "strong leader of the middle." "As far as the election goes, it's going to be the most consequential election of my lifetime because we now have irreconcilable differences between the two sides," he said. "The first question we'll ask is: will we have an orderly transition of power? We have the question- the fact that it is possible — that election results may not be accepted — that's quite something." On Wednesday, Dalio had named the elections as a major force shaping the global economy, calling it an "issue of internal order and disorder."
Persons: Ray Dalio, Dalio Organizations: Bridgewater Associates, CNBC Locations: U.S
On the positive side, Wharton professor Jeremy Siegel called the decision the "best news" the Fed has offered in years. He said the Fed "moved too fast" with its 50-point cut. This is unusual, since investors will typically snap up these assets after a rate cut. Related storiesSome on Wall Street noted that the Fed's decision to cut beyond 25 basis points was essentially a signal that the central bank is moving past inflation. To Contopoulos point, this may be premature, as August's consumer price index report still stood above the 2% inflation target.
Persons: , Wharton, Jeremy Siegel, Michael Contopoulos, Bernstein, Contopoulos, Powell, Narayana Kocherlakota Organizations: Service, Business, Bernstein Advisors, CNBC, Wall, University of Rochester
It used to be that you saw a stretch limousine and excitedly wondered who was inside — maybe a corporate executive or a celebrity or some other classy, mysterious type. The limo industry isn't dead; it's just leaving the classic black stretch version of itself behind. Trade shows and expos for limousines and luxury transportation no longer have many, if any, actual classic stretch limos on their floors. He said they keep a stretch limo around for nostalgia's sake more than anything. A CEO gallivanting around in his or her fancy stretch limousine is gross.
Persons: They've, Joe Reinhardt, He's, they're, Brett Barenholtz, Michael Douglas, Richard Gere, Mercedes, van, Scott Michael, Robert Alexander, Alexander, promgoers, Barenholtz, It's, Reinhardt, Chris Weiss, hasn't, crouch, Weiss, " Weiss, Emily Stewart Organizations: We're, Carolina Limousine, CLC Worldwide, National Limousine Association, Consumers, Benz Sprinter, United Motorcoach Association, RMA, Trade, expos, Cadillac, Lincoln, Facebook, Mercedes, ABC, NLA, Business Locations: Myrtle Beach, South Carolina, Maine, Boston, , Washington , DC, California, New York, limos, Franken, It's
Half a dozen interviews later, her media strategy is taking shape, even if viewers in New York and Washington might not be seeing it. In recent days, Harris has granted sit-downs to local media outlets and fielded questions in unconventional forums to target crucial swing state and minority voters. Earlier this week, Harris parried tough questions from the National Association of Black Journalists and taped an appearance with Stephanie “Chiquibaby” Himonidis, a popular Spanish-language radio host and podcaster. Trump’s media strategy is looser – he appears on his favorite Fox shows, gives statements and brief interviews to beat reporters, and holds occasional press conferences. In addition to viewers watching online, Winfrey will invite 400 local voters to join her for the conversation in-person, focusing particularly on voters in battleground states as the election approaches.
Persons: Kamala Harris, Donald Trump, Harris, Tim Walz, Harris parried, Stephanie “ Chiquibaby, Oprah Winfrey, Harris ’, Ian Sams, , , won’t, Trump, Elon Musk, Sams, Trump’s, , ” Harris, Walz’s, Dana Bash, Biden, Rickey Smiley, Jessica, , Walz, Winfrey, TikTok, Elizabeth Wagmeister Organizations: New, New York CNN, Democratic, National Association of Black Journalists, CNN, ABC News, Republican, Fox, Elon, Black, Fox News, MSNBC, America, Democratic National Convention, YouTube, Facebook Locations: New York, Washington, Spanish, Phoenix, Arizona, North Carolina, WPVI, Philadelphia, Georgia , Wisconsin
So, home loan rates may continue to fluctuate. Don't wait to reassess credit card debtWhen it comes to credit card debt, the math is a little more cut-and-dried. In the wake of the rate hike cycle, the average credit card rate rose from 16.34% in March 2022 to more than 20% today — nearing an all-time high. watch nowAlternatively, borrowers can call their card issuer and ask for a lower interest rate on their current card. Auto loan refinancing options depend on equityAlthough auto loans are fixed, the rates on new-car loans will come down with the Fed's moves.
Persons: Jacob Channel, Matt Schulz, Schulz, you've, Ivan Drury, Edmunds Organizations: Treasury, LendingTree, Auto
Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan McDermid | ReutersAs the U.S. Federal Reserve implemented its first interest rate cut since the early Covid pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an "enormous amount of debt." The central bank's decision to cut the federal funds rate by 50 basis points to a range of 4.75% to 5%. On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy. The country's central bank only recently lifted interest rates in March this year.
Persons: Ray Dalio, Brendan McDermid, CNBC's, Dalio, Donald Trump, Kamala Harris Organizations: Bridgewater Associates, Reuters, U.S . Federal Reserve, Federal, U.S . Treasury Department Locations: U.S, Japan
A $35,000 reward was available for information leading to Couch’s capture, according to the Kentucky State Police. The search area for Joseph Couch is seen in a photo released by Kentucky State Police spokesperson Scottie Pennington on September 9, 2024. We could have asked him what his intentions were,” Laurel County Sheriff John Root said at a Wednesday news conference. “Our one goal was to have this guy recovered.”Burnett said the couple will receive a $15,000 reward from Laurel County Crime Stoppers and a $10,000 reward from a private donor. People’s been in fear, that’s not the normal here in Laurel County,” Root said.
Persons: , Daniel Boone, Joseph Couch, , Fred, Sheila McCoy, Couch, ” Fred McCoy, , Fred McCoy, Scottie Pennington, Phillip Burnett Jr, ” Burnett, Burnett, haven’t, John Root, Root, We’re, Couch texted, couldn’t, – Couch, Jackie Steele, ” Root, “ We’ve, we’ve, People’s, that’s Organizations: CNN, Daniel Boone National Forest, Kentucky State Police, Los Angeles and New York City, YouTube, Mount Vernon Fire Department, Police Locations: Los Angeles and New, London , Kentucky, Laurel County, Frankfort, London, Kentucky, Laurel, Knox, Washington, Seattle, Tacoma
Read previewHere's the latest sign of Mark Zuckerberg's style evolution — a luxury watch depicting the Milky Way. Mark Zuckerberg spotted yesterday during the @AcquiredFM live wearing a DB25 Starry Varius in rose gold from De Bethune. 👀 pic.twitter.com/raZRTyzmAz — ZwapX (@zwapxofficial) September 11, 2024This is not the first premium watch Zuckerberg has been spotted wearing. "His recent style evolution, shown by a love for premium watches and subtle luxury, suggests a shift." To be sure, Zuckerberg's style evolution might have less to do with aesthetics and more to do with an intentional strategy to cultivate a relatable and attractive personal image.
Persons: , Mark, De Bethune, Bryan Li, Mark Zuckerberg, De, 👀, ove Organizations: Service, De Bethune DB, Business, Swiss Locations: De Bethune, ife
The movie follows the couple over a decade of their relationship, which changes forever after a medical diagnosis. In an interview with British Vogue published Wednesday, Pugh revealed that the dramatic haircut triggered both a physical and emotional response. Dimitrios Kambouris/Getty Images“In many religions, hair is the most precious thing on the body – it’s where you store your memories and your dreams and your history. My body went into a bit of trauma from it. Co-star Garfield was the one to shave her head for the movie.
Persons: Florence Pugh, Andrew Garfield, Pugh, Dimitrios Kambouris, , “ Oppenheimer, Garfield, ” Pugh, , I’m, Oppenheimer, Henry Nicholls, Zach Braff Organizations: CNN, Vogue, Getty, Sunday Times Locations: British, AFP
Three of Trump's children are employees of World Liberty Financial, including his 18-year-old son Barron, who CoinDesk reported holds the title of "DeFi visionary" at the company. World Liberty Financial's spokesperson, Jim Redner, told BI he has "no information." Both were involved in a project called Dough Finance, whose source code appears remarkably similar to that of World Liberty Financial, Coindesk reported. It's still unclear when World Liberty Financial will begin allowing investors to purchase its tokens. "Attention community: Please be aware of scams and fake tokens," World Liberty Financial posted on Telegram last month.
Persons: , Donald Trump, Trump, Zachary Folkman, Chase Herro, Crypto, he's, Barron, CoinDesk, Herro, they've, Folkman, Jim Redner, I've, Redner, he'd, JPMorgan Chase, Folkman's, Zack Bauer, AmEx, Coindesk Organizations: Service, Liberty, U.S ., Business, Trump, World Liberty, Facebook, Ritz Carlton, Virgin Islands, Liberty Financial's, JPMorgan, Bloomberg, American Express, Finance, Dough Finance, Liberty Financial Locations: Greenwich Village, Caribbean, Puerto Rico, California , New York, Virgin, Los Angeles, San Diego, California
As former President Donald Trump insists that the rate cut was fueled by partisan politics, Harris has to thread the needle with her rhetoric, experts told Business Insider. Celebrate the rate cut and she risks fueling Trump's narrative; ignore the rate cut and she doesn't get to claim a desperately needed economic victory. "This is a double edged one for Harris," Mark Blyth, a political economist at Brown University, said. Advertisement"On the other hand, Vice President Harris is running to be president of the same economy that the Federal Reserve is managing," Tedeschi told Business Insider. But Blyth remains skeptical that the rate cut will have a lasting impact in an election that's been defined by volatility.
Persons: Kamala Harris, Donald Trump, Harris, doesn't, Mark Blyth, Joe Biden's, Ernie Tedeschi, Mike Johnson, Tedeschi, Powell, Trump, Blyth, people's, they've, Danny Hayes, Thursday Harris, Dow Organizations: Service, Federal Reserve, Brown University, Yale Budget, Republicans, Wall Street Journal, Trump, Blyth, George Washington University, Business
AP —A Philadelphia teenager who authorities say wanted to travel overseas and make bombs for terrorist organizations will be tried as an adult. Prosecutors say Abdul-Rahman conducted at least 12 tests on homemade bombs near his family’s home before he was arrested and was close to being able to detonate devices with a blast radius of several hundred yards. Law enforcement began investigating Abdul-Rahman after they received electronic communications between him and terrorist groups in Syria, prosecutors said. The communications indicated that Abdul-Rahman wanted to become a bombmaker for these groups, identified as Katibat al Tawhid wal Jihad (KTJ) and Hay’at Tahrir al Sham (HTS). As the investigation into Abdul-Rahman continued, authorities learned he was buying military and tactical gear as well as materials that could be used in homemade bombs, prosecutors said.
Persons: din Abdul, Rahman, Abdul, Qawi Abdul, KTJ, Prosecutors Organizations: Muhyyee, Philadelphia, US State Department, Al Locations: Philadelphia, Syria
GOP presidential nominee Donald Trump has called for Republicans to shut down the government if they can’t pass the voting measure known as the SAVE Act. Many Democrats are pushing for an extension into December that would not include the SAVE Act, which is viewed as a non-starter in the Senate. “House Republicans don’t seem to have any plan for actually keeping the government open, so the Senate will step in,” Schumer said in floor remarks. “Many Republican House members, as many of you have reported, are smart enough to know if there is a shutdown, it will be a Republican shutdown. There never is a shutdown — hardly ever is a shutdown,” said Senate Majority Whip Dick Durbin, a Democrat from Illinois.
Persons: Chuck Schumer, Mike Johnson, Johnson, “ I’m, ” Johnson, we’ll, John Thune, Thune, ” Schumer, Schumer, , , Donald Trump, Republicans don’t, ” “, I’m, ” Trump, isn’t, Dick Durbin, CNN’s Morgan Rimmer Organizations: Washington CNN, GOP, CNN, Republicans, SAVE, , Trump, Truth, Republican Locations: Illinois
But “families need support,” and relatives aren’t always nearby and available, Clinton said. “Nobody really knows what happens in a marriage except the two people in it, and every marriage I’m aware of has ups and downs – not public,” she said. Clinton said she would never tell anyone else to stay in a marriage or leave it. We have a good time sharing this life that we’ve lived together for now nearly 50 years of marriage,” Clinton said. You feel like it’s the entire world, but in my case, it was the world,” she said.
Persons: Hillary Clinton, Vance, ” “, CNN’s Fareed Zakaria, ” Clinton, Charlie Kirk, , ’ ”, aren’t, Clinton, I’m, , Bill Clinton, Zakaria, Bill, we’ve, that’s Organizations: CNN, Republicans, US Locations: Ohio, United States, Washington
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMike Molloy is a nutrition coach to elite athletes and regular folk alike. This story is available exclusively to Business Insider subscribers. Having strong social connections is well-established as an important factor in longevity, and if your friends and family also encourage you to live a healthy life, all the better.
Persons: , Mike Molloy, Molloy, Sleep Molloy Organizations: Service, Business, Research
One study estimated that the world's supply of usable AI training data could be depleted by 2032. An OpenAI spokesperson said the company's bot was querying Coates' website roughly twice per second. But hungry AI botnets scrape first, ask questions later. "Utterly sick"Coates says his Game UI Database is back up and running and he continues to add to it. But Coates' story is emblematic of a bigger question: When AI comes to change the world, who bears the cost?
Persons: , Edd Coates, Coates, Jay Peet, We've, Joshua Gross, Gross, Jennifer Martinez, Anthropic, Senecal, botnets, robots.txt, Roberto Di Cosmo, Di Cosmo, Tania Cohen, Cohen Organizations: Service, Business, OpenAI, Google, Microsoft, Software Heritage, Software Locations: It's
Melinda French Gates believes it's "so dumb" to try and maximize productivity by getting only a few hours of sleep. French Gates said, referencing CEOs and tech entrepreneurs who promote, in her eyes, a form of performative sleep deprivation. He's since changed his tune, and now aims for at least six hours of sleep per night, he told CNBC last year. Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates — French Gates' ex-husband — have shared similar stories. Now, he aims for a minimum of seven hours of sleep each night, he said.
Persons: Melinda French Gates, she's, Gates, who've, Indra Nooyi, Donald Trump, Marissa Meyer, Elon Musk, Tesla, I've, Musk, Jeff Bezos, Bill Gates, , Bezos Organizations: PepsiCo, Former U.S, CNBC, Microsoft Locations: Former
CNN —Described as “disgusting” with “horrifying” conditions, the detention center music mogul Sean “Diddy” Combs now calls home is a far cry from the Miami and Los Angeles mansions he once lived in. A federal judge denied Combs bail Wednesday saying the bail proposal set forth by his defense attorneys was “insufficient” in addressing the court’s concerns. This after the Federal Bureau of Prisons shuttered its Manhattan complex shortly after multimillionaire financier and accused sex trafficker Jeffrey Epstein died by suicide in 2019. A month later, inmate Edwin Cordero died in a fight that broke out inside the prison. The incident prompted a Justice Department investigation assessing whether the Bureau of Prisons had “adequate contingency plans” to address inmate living conditions.
Persons: Sean “ Diddy ” Combs, he’s, ” Michael Cohen, Donald Trump, Cohen, R, Kelly, , “ Pharma Bro ” Martin Shkreli, Ghislaine Maxwell, Sam Bankman, Ismael “ El, Ismael “ El Mayo ” Zambada Garcia, Combs, Judge Andrew Carter, Jeffrey Epstein, Emery Nelson, ” Nelson, ” Combs, Marc Agnifilo, “ He’s, ” Cohen, Combs ’, Uriel Whyte, Edwin Cordero Organizations: CNN, Miami, Metropolitan Detention Center, “ Pharma, Wap, Ismael “ El Mayo ”, Federal Bureau of Prisons, MDC, of Prisons, Urgent, MDC Brooklyn, Housing Unit, Prisons, New York Times, Department Locations: Los Angeles, , New York, Brooklyn, Manhattan, New York City, M.D.C . Brooklyn
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