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The request follows a landmark ruling in August by Judge Amit P. Mehta of the U.S. District Court for the District of Columbia that found Google had illegally maintained a monopoly in online search. Judge Mehta asked the Justice Department and the states that brought the antitrust case to submit solutions by the end of Wednesday to correct the search monopoly. Beyond the sale of Chrome, the government asked Judge Mehta to give Google a choice: either sell Android, its smartphone operating system, or bar Google from making its services mandatory on phones that use Android to operate. If Google broke those terms, or the remedies failed to improve competition, the government could force the company to sell Android at a later date. Google should also be required by the court to allow rival search engines to display the company’s results and access its data for a decade, the government said.
Persons: Judge Amit P, Mehta, Judge Mehta Organizations: Justice Department, Google, U.S, District of, Chrome, Apple Locations: District of Columbia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Goldman Sachs chairman & CEO David SolomonDavid Solomon, Goldman Sachs chairman and CEO, sits down with CNBC's Leslie Picker to discuss whether deregulation promises made by president Donald Trump will come to fruition, expectations for markets in the new administration, and more.
Persons: Goldman Sachs, David Solomon David Solomon, CNBC's Leslie Picker, Donald Trump
Learn moreThe 2024 Billie Jean King Cup comes to an end with a final showdown between Slovakia and Italy. We'll show you where to watch the Billie Jean King Cup final, including global live streaming options. It's a familiar scene for both Slovakia and Italy as they enter the final at the Billie Jean King Cup. Check price at FuboWhere to watch the Billie Jean King Cup in the UKThe Billie Jean King Cup Final airs on the Tennis Channel in the UK, which is streamable through the Tennis Channel website. Where to watch the Billie Jean King Cup in AustraliaBillie Jean King Cup Final coverage will be available through beIN in Australia.
Persons: Billie Jean King, Italy's Jasmine Paolini, Sara Errani, Swiatek, Katarzyna Kawa, Australia Billie Jean King, It's, ExpressVPN Organizations: Business, Billie Jean King Cup, Tennis Channel, DirecTV, Entertainment, Elite, Sports, Fubo Locations: Slovakia, Italy, We'll, Canada, Iga, Poland, Australia, beIN
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stanley Black, Decker, Don Allen, Jim Cramer's, Jim, David Paul Morris Organizations: CNBC, ., Bloomberg, Nvidia, Palo Alto, Deere, BJ's Wholesale, Baidu, GE Healthcare, Jim Cramer's Charitable, Getty Locations: radiopharmaceuticals, Colma , California
The board of Acurx Pharmaceuticals approved Wednesday the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset. "This new treasury strategy is a finance strategy and has no impact on our overarching drug development plans." On an X spaces event Tuesday evening, MicroStrategy Chairman and bitcoin evangelist Michael Saylor said he plans to pitch the board of Microsoft in December on his bitcoin treasury strategy. The theme has broadened to the government level this year, with Sen. Cynthia Lummis proposing a national strategic bitcoin reserve this summer. President-elect Trump similarly made mention of a potential national bitcoin stockpile in the same week.
Persons: David P, Luci, MicroStrategy, Donald Trump's, Michael Saylor, Sen, Cynthia Lummis, Trump Organizations: Acurx Pharmaceuticals, Semler, Microsoft Locations: bitcoin
AdvertisementTraders see a 45% chance the Fed pauses rate cuts in December, up from 17% last week. The rising odds come as markets digest a win for Trump, whose policies could complicate the Fed's plans. After two consecutive interest rate cuts, markets think the Federal Reserve might be ready to hit pause. AdvertisementThe rising odds come as markets continue to digest a win for Donald Trump, and as Fed officials have sounded cautious on the path of future policy easing in recent remarks. AdvertisementThe rising odds of a pause also come as Fed speakers this week have struck a cautious tone.
Persons: Donald Trump, Joseph Stiglitz, David Kelly, Jerome Powell, he'd, Trump, JPMorgan's Kelly, They're, Kelly, Michelle Bowman, Lisa Cook, Cook, Powell Organizations: Trump, Reserve, JPMorgan, Fed, Federal, University of Virginia Locations: West Palm Beach , Florida, Charlottesville, Dallas
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 19, 2024. An "industrial renaissance" in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong. "There is so much demand for capital, [including through debt and equity] ... What's going on is nothing short of extraordinary," Rowan said on Tuesday during a panel discussion. "What we're watching is this incredible demand for capital happening against a backdrop of a U.S. government that is running significant deficits. Rowan and other panelists also identified energy and data centers — needed for artificial intelligence and digitization — as growth sectors requiring more capital.
Persons: Jonathan Gray, Ron O'Hanley, Ted Pick, Morgan Stanley, Marc Rowan, David Solomon, What's, Rowan, Donald Trump Organizations: Blackstone Inc, State Street Corp, Apollo Global Management LLC, Goldman Sachs, Inc, Global Financial, Investment, Apollo Global Management, Blackstone Locations: Hong Kong, China, U.S
A federal judge on Tuesday ordered prosecutors to get rid of copies of 19 pages of notes taken from Sean "Diddy" Combs' jail cell after his lawyers argued the seizure violated attorney-client privilege. Judge Arun Subramanian ruled Tuesday that the court will keep the papers while prosecutors and Combs’ lawyers submit briefs on the issue over the next few weeks. The music mogul has denied both the charges as well as prosecutors' allegations that he’s tampering with witnesses from jail. At Tuesday's hearing Combs, 55, who wore olive prison clothing garb, appeared to have lost weight since his last court appearance. Homeland Security Investigations agents outside the home of Sean "Diddy" Combs in Los Angeles, Calif. on March 25, 2024.
Persons: Sean, Diddy, Combs, Arun Subramanian, Christy Slavik, , , David Swanson, Marc Agnifilo, Slavik, Agnifilo Organizations: Prosecutors, U.S, Security, Getty Images Defense, Metropolitan Detention, Bureau of Prisons Locations: Los Angeles, Calif, Brooklyn, U.S
President-elect Donald Trump said Tuesday he was traveling to Texas to personally witness the latest launch for SpaceX’s Starship megarocket, a key part of billionaire Elon Musk’s plans to populate Mars. Trump, who has endorsed a Mars mission, announced his plans in a post on X. “I’m heading to the Great State of Texas to watch the launch of the largest object ever to be elevated, not only to Space, but simply by lifting off the ground. Good luck to @ElonMusk and the Great Patriots involved in this incredible project!” he said. Musk, the CEO of SpaceX and Tesla, said on X he was honored to have Trump at the event.
Persons: Donald Trump, Elon Musk’s, Trump, Musk Organizations: Great Patriots, SpaceX, Tesla, Trump Locations: Texas, Great State of Texas
“We’re expecting this holiday period to be very consistent with that,” he said. Retailers, including Walmart, are contending with a mixed bag of factors this holiday season. The holiday season is also shorter this year and parts of the U.S. have had unseasonably warm weather, two dynamics that could hurt retailers. That would be lower than the 3.9% year-over-year jump from the 2022 to 2023 holiday season, when spending totaled $955.6 billion. Rainey said the holiday period is “off to a pretty good start.”He said items like TVs, Apple AirPods, Beats headphones and even tires have been selling.
Persons: John David Rainey, “ We’re, , “ They’re, Rainey, Walmart’s, Donald Trump’s, it’s, We’ve Organizations: Walmart, CNBC, LSEG, New York Stock Exchange, Sam’s, Walmart U.S, U.S, National Retail Federation, Apple Locations: U.S, China
COLUMBIA, S.C. — Susan Smith, who shocked the nation 30 years ago when she rolled her car into a lake with her two children inside and watched them drown, will ask a parole board Wednesday to release her from prison. Almost 30 years ago to the day, Susan Smith made international headlines when she said she was carjacked late at night near Union, South Carolina, by a Black man. Smith, now 53, has had an eventful three decades behind bars in South Carolina, including multiple disciplinary actions. As of Monday, 471 people had written to the South Carolina Department of Probation, Parole and Pardon Services regarding Smith's hearing. Former lead prosecutor and current South Carolina State Rep. Tommy Pope is also expected to speak in opposition.
Persons: — Susan Smith, Smith, Susan Smith, Michael, Alex, David Smith, it’s, Houston Cagle, Alfred R, Rowe Jr, Smith “, , Willie Rice, Rice, Tommy Pope, Pope, NewsNation, she’s Organizations: COLUMBIA, TV, Women’s Correctional, South Carolina Department of Corrections, State, South Carolina Department of Probation, South Carolina State Rep Locations: Union , South Carolina, South Carolina, Richland County
Just hours after 51-year-old Ramon Rivera was taken into custody following the trio of slayings, New York City Mayor Eric Adams was already questioning why the homeless man was walking free. He was released from a New York City jail on Oct. 17 for time served on burglary and assault charges, records showed. The day he was released, Rivera allegedly committed grand larceny by taking property from a Manhattan store, records showed. Then four days later, Rivera allegedly grabbed “phones and other electronics” from Hi Wireless store in Union City, another indictment said. In total, Rivera has been arrested eight times in New York City in the past year, court records showed.
Persons: Ramon Rivera, Eric Adams, ” Adams, Rivera, Yuki Iwamura, He'd, Angel Lata Landi, Landi, Wilma Augustin, Augustin Organizations: , New York City, Prosecutor’s, Hi Wireless, East Locations: New York City, New Jersey, , New York, Manhattan, Hudson, New York, Union City, Ohio, Florida, Peekskill, East, St
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise prices,” he said in an interview with CNBC on Tuesday. Beauty CEO Tarang Amin told CNBC in an interview earlier this month that the company could be forced to raise prices if the higher duties take effect. The majority of goods Walmart sells are not at risk of tariffs. The home improvement retailer addressed the potential levies as it reported earnings on Tuesday.
Persons: John David Rainey, Donald Trump’s, , , ” Rainey, Wall, Matthew Shay, Tarang Amin, Steve Madden, Rainey, We’ve, Lowe’s, it’s, Brandon Sink, — CNBC’s Gabrielle Fonrouge Organizations: CNBC, National Retail Federation, Walmart Locations: China, U.S
Legendary Chicago Bulls forward Bob Love, one of the first stars the team had, has died at the age of 81 after a battle with cancer. Love spent the bulk of his NBA career with the Bulls, then spent decades as a team ambassador in a variety of roles after his playing career ended. “Bob was a true legend and a beloved member of our family,” the Bulls said in a statement. Originally selected by Cincinnati in the 1965 NBA Draft, Love was one of the first star players for the Bulls after they entered the league. Love spent decades as an ambassador for the Bulls, with his impact “transcending basketball,” according to a statement by the team.
Persons: Bob Love, Love, Bob, Jeff Haynes, NBAE, United Center . Love, , , Emily Organizations: Chicago Bulls, NBA, Bulls, Cincinnati, Chicago, United Center, Getty, United Center . Locations: Chicago, United
The Pennsylvania Supreme Court on Monday ordered election officials in the state to stop counting mail-in ballots marked with the wrong date or missing dates from their outer envelopes. The court order specifies that Bucks, Montgomery and Philadelphia counties, where Republicans argue that officials have opted to count mail-in ballots with errors on their outer envelopes, must adhere to the high court's earlier rulings, which said undated or misdated mail-in ballots should not be counted. “David McCormick and the national Republicans are working to throw out provisional ballots cast by eligible Pennsylvania voters and accepted by county boards. McCormick leads Casey by 17,408 votes with 99.7% of the vote in and 24,000 ballots still to be counted. Pennsylvania rules trigger a recount of ballots when the margin is less than 0.5 percentage points.
Persons: Republican Dave McCormick, Democratic Sen, Bob Casey, Elizabeth Gregory, McCormick, Tiernan Donohue, Casey, “ David McCormick, ” Donohue Organizations: Republican, Democratic, Pennsylvania, Republicans, Associated Press, NBC News, Republican National Committee, Republican Party of Pennsylvania, Democrats Locations: Bucks, Montgomery, Philadelphia, Pennsylvania
CNN —This has been a blockbuster election year politically, so it’s fitting that a new movie shines a light on an ancient and highly secretive voting process: the selection of a new pope. Brían F. O'Byrne as Cardinal O'Malley (L) and Ralph Fiennes as Cardinal Lawrence (R) in the movie "Conclave." They cast them in the Sistine Chapel, in front of the awe-inspiring sight of Michelangelo’s “Last Judgment,” writing their choices on paper ballots that are then burnt after being counted. The crowd waiting outside is informed that a pope has been elected when the chimney above the Sistine Chapel billows out white smoke. White smoke emerged from the chimney on the Sistine Chapel when a new pope was elected on March 13, 2013.
Persons: , Edward Berger, Ralph Fiennes, Stanley Tucci, Isabella Rossellini, John Lithgow, Robert Harris, F, O'Byrne, Cardinal O'Malley, Cardinal Lawrence, Bishop Robert Barron, egotism, Fiennes ’, Pope Francis, Steven P, Millies, Bernardin, , Joe Raedle, Harris, Cormac Murphy O’Connor, Peter Straughan, Tom Reese Organizations: CNN, Roman Catholic Church, Fire Catholic, Bernardin Center, Catholic Theological Union, Jesuit Locations: British, Central, Chicago, Washington ,
And if you did miss them, both these revolutionary runways are part of a new London exhibition, “Vogue: Inventing the Runway,” at the Lightroom. Projected onto the venue’s 39-foot-high walls, a mixture of backstage and runway footage transports viewers into the epicenter of fashion history. Alexander McQueen's Spring-Summer 1999 show, featuring a duo of spray-painting robots, has gone down in fashion history. Coco Chanel would watch the her own fashion shows from the mirrored staircase in her apartment building in Paris. The Vogue exhibition at the Lightroom chronicles the history of the runway, using backstage and runway footage to immerse the audience.
Persons: you’re, Alexander McQueen’s, Chanel, , Chioma Nnadi, , Alexander McQueen's, Paul Vicente, John Galliano’s, Margiela, ’ Pont Alexandre III, Saint Laurent’s, Bella Hadid’s, Alex Consani strutting, Pharrell Williams, Louis Vuitton, Julien De Rosa, Charles Fredrick Worth, ” Dr, Kate Strasdin, dressmakers, Lucy, Lady Duff, Gordon, , I’ve, ’ ”, Karl Lagerfeld, David Fisher, ” Strasdin, Gabrielle “ Coco ” Chanel, tucking, — Marie, Kate, Ashley Olsen’s, Coco Chanel, Karl Lagerfeld’s, “ Voss, Anna Wintour’s, Justin Sutcliffe, McQueen, Dior —, Nnadi, It’s Organizations: London CNN, Vogue, British Vogue, Getty, England’s Falmouth University, CNN, Locations: , British, Saint, Paris, Pont, Pont Neuf, AFP, Worth, New York
Investors may soon be forced to take on more risk and rethink their diversification strategies due to macroeconomic uncertainties. And that presents challenges for those who follow the traditional balance of 60% stocks to 40% bonds as a diversifier, he added. "Momentum has really been driving equities higher across the board, especially with respect to large-cap growth names," Adams said. The study found that stocks, bonds, and options strategies could have more correlated risk than is evident on the surface. "So value stocks are about the here-and-now, growth stocks are about the hereafter."
Persons: Goldman Sachs, Jon Adams, Adams, Jimmy Chang, Donald Trump, Chang, Nikolai Roussanov, David Kelly, you've, Kelly Organizations: Calamos Wealth, Treasury, Rockefeller, Family, Wharton School, Morgan Asset Management
AdvertisementCher and Sonny Bono costarred on "The Sonny & Cher Comedy Hour" when they were married in the '70s. In her new memoir, Cher writes that Bono "secretly designed" her contracts so she earned nothing. With their hit CBS show "The Sonny & Cher Comedy Hour," which premiered in 1971, husband-and-wife entertaining duo Sonny and Cher had become "the unlikely darlings of prime time." But behind the scenes, Cher writes in her new book, "The Memoir: Part One," Bono had become increasingly controlling. Sonny Bono and Cher with their son in 1973.
Persons: Sonny Bono costarred, Sonny, Cher, Bono, Sonny Bono, Frank Edwards, David Geffen, I'd, Geffen, she'd, Irwin Spiegel, David, he'd, Fred Silverman, CBS's, Cher's, Chaz Organizations: Cher Enterprises, CBS, Fotos, Getty
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMO expects Trump to pick a more conventional FDA commissioner after RFK Jr.'s nominationEvan David Seigerman, BMO, joins 'Fast Money' to talk what Trump appointments mean for the biotech and pharma sectors.
Persons: Evan David Seigerman, Trump Organizations: BMO, Trump, FDA, RFK Jr, pharma
The S & P 500 has been drifting lower for a week. Pity the Wall Street strategists Pity the poor Wall Street strategists who are now writing their 2025 outlooks. That is about 10% above the current S & P 500 level. What is the current average yearly return of the S & P 500? The S & P 500 is up 0.3% since the close on Election Day.
Persons: Donald Trump's, Brian Belski, Morgan Stanley, Mike Wilson, Goldman Sachs, David Kostin Organizations: Bulls, Street, BMO Capital, UBS, ISI, Trump Locations: Russia, Ukraine, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIn the short-term there's 'good value' in Burberry shares, says hedge fund managerDavid Neuhauser, managing director and founder at hedge fund Livermore Partners, told CNBC that patient investors could benefit from the turnaround taking place at luxury goods maker Burberry. However, in the short-term there is "good value" in the stock, hedge fund manager added.
Persons: David Neuhauser Organizations: Burberry, Livermore Partners, CNBC
Walmart 's CFO, John David Rainey, said the retailer could have to raise prices on some items if President-elect Donald Trump's proposed tariffs take effect. "We never want to raise prices," he said in an interview with CNBC on Tuesday. Beauty CEO Tarang Amin told CNBC in an interview earlier this month that the company could be forced to raise prices if the higher duties take effect. The majority of goods Walmart sells are not at risk of tariffs. "Tariffs, though, are inflationary for customers, so we want to work with suppliers and with our own private brand assortment to try to bring down prices."
Persons: John David Rainey, Donald Trump's, Rainey, Lowe's, Walmart's, Brandon Sink, Marvin Ellison, it's, We're, We've, Matthew Shay, Tarang Amin, Steve Madden, Gabrielle Fonrouge Organizations: Walmart, Walmart Inc, CNBC, National Retail Federation Locations: Martinez , California, U.S, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoblox CEO on new safety updates following October Hindenburg reportDavid Baszucki, Roblox CEO, joins 'Squawk Box' to discuss the list of new safety products available for users, the chief executive's first reactions to the short report, and much more.
Persons: Hindenburg, David Baszucki
Market Navigator: Will overheating hurt Nvidia?
  + stars: | 2024-11-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Will overheating hurt Nvidia? David Miller, Catalyst Funds, joins 'Power Lunch' to discuss Nvidia ahead of it releasing quarterly earnings.
Persons: David Miller Organizations: Catalyst Funds, Nvidia
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