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☆ American Music Awards 2022: See the full list of nominees
▼ + stars: | 2022-10-13 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +3 min

The Puerto Rican performer is the most-nominated artists for the 2022 American Music Awards, earning eight nominations, among them his first-ever for artist of the year. Beyoncé, Drake and Taylor Swift each earned six nominations, while Adele, Harry Styles and The Weeknd came in with five a piece. And elsewhere, Elton John made history for what the show called being “the longest-recognized artists” in the show’s history. The show also boasted about the addition of a new category dedicated to the K-Pop genre, favorite K-Pop artist. The American Music Awards will air Sunday, November 20 at 8 p.m.

☆ Sept FOMC showed agreement on higher rates for longer
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +6 min

Many officials said they had raised their assessments of the path of interest rate increases that would likely be needed to achieve the committee's goals. Ultimately, they do think that you need to reach some very high interest rates in order to really cool down the economy. While inflation has peaked, the path to a 2% inflation rate will be long, windy and bumpy." "The Federal Reserve's current tone suggests it is committed to raising interest rates until the snake of inflation is dead." CHRIS ZACCARELLI, CHIEF INVESTMENT OFFICER, INDEPENDENT ADVISOR ALLIANCE, CHARLOTTE, NC"For the most part there's nothing to earth shattering in the Fed minutes.

☆ 18-year-old Marine recruit dies after collapsing during training
▼ + stars: | 2022-10-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

SAN DIEGO — An 18-year-old Marine recruit died last month after collapsing during training at Southern California’s Camp Pendleton, military officials said in a weekend statement. Javier Pong “became unconscious and unresponsive” while “conducting scheduled training” on Sept. 27 at the base near San Diego, according to a Marine Corps statement Saturday. Gen. Jason Morris, the commanding general of Marine Corps Recruit Depot San Diego, said the Marines are investigating Pong’s death. Javier Pong as he pursued his journey to become a United States Marine,” Morris said in the statement. The Marines did not immediately respond to the Union-Tribune’s questions about what type of training recruits were engaged in when Pong collapsed.

☆ U.S. Rep. Lee Zeldin says daughters ‘shaken’ after shooting outside home
▼ + stars: | 2022-10-10 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

“After my daughters heard the gunshots and the screaming, they ran upstairs, locked themselves in the bathroom and immediately called 911," Zeldin said. "They acted very swiftly and smartly every step of the way and Diana and I are extremely proud of them.”Police officers near the home of Rep. Lee Zeldin after a shooting in Long Island, N.Y., on Sunday. NBC 4 New YorkSuffolk County police said Sunday they were investigating a shooting outside a residence in Shirley, New York, at around 2 p.m. that left two people injured. There was also no indication that the shooting was connected to Zeldin or his family. Zeldin said his daughters were "shaken, but ok," after the incident.

☆ Increasing policy rates challenge growth stocks
▼ + stars: | 2022-10-10 | 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 EmailIncreasing policy rates challenge growth stocksDaniel Morris, chief market strategist at BNP Paribas Asset Management, joins 'TechCheck' to discuss the impact of interest rate hikes on growth stocks, the macro considerations for investment time horizons, and the risk associated with long-term holdings of Chinese tech.

☆ Watch CNBC's full interview with BNP Paribas' Daniel Morris
▼ + stars: | 2022-10-10 | 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 EmailWatch CNBC's full interview with BNP Paribas' Daniel MorrisDaniel Morris, chief market strategist at BNP Paribas Asset Management, joins 'TechCheck' to discuss the impact of interest rate hikes on growth stocks, the macro considerations for investment time horizons, and the risk associated with long-term holdings of Chinese tech.

☆ Goldman says one major issue will plague earnings season. But these stocks won't be affected
▼ + stars: | 2022-10-10 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

As Wall Street kicks off third-quarter earnings this week, Goldman Sachs expects investors will likely hear one major issue come up again and again during management calls: the stronger dollar. "The most common phrase during upcoming 3Q earnings calls will be 'but on a constant currency basis ...'" Kostin wrote. Goldman Sachs forecasts EPS, excluding energy, to decline by 3% and margins to narrow by 132 basis points (1.32 percentage points). Here are 11 stock picks that won't be hurt by the stronger dollar. By contrast, Goldman Sachs said names that will be hurt by a stronger dollar include Las Vegas Sands , Philip Morris International and Aflac .

☆ Online holiday spending expected to be weak after months of early discounting
▼ + stars: | 2022-10-10 | by ( Jack Stebbins | ) www.cnbc.com time to read: +3 min

And to compete for holiday spending, retailers are offering deals earlier and earlier. Overall, online spending throughout the holiday season is forecast to grow 2.5%, the smallest growth since Adobe started tracking the figure in 2015. Bleak FridayLast year's holiday shopping season got off to an early start as well. The ongoing discounting means spending may be spread out more this holiday season. The early deals could mean people are already stocked up on gifts and decorations by the time the holiday shopping season traditionally kicks off after Thanksgiving.

☆ Analysis: 'Bling Empire' is still shining in its third season
▼ + stars: | 2022-10-08 | by ( Analysis Lisa Respers France | ) edition.cnn.com time to read: +7 min

Three things to watch‘Bling Empire’ Season 3(From left) Feuding "Bling Empire" cast members Christine Chiu and Anna Shay are pictured in happier times, during an episode from the reality show's second season. So, color me thrilled that the new season of “Bling Empire” picks up right where last season’s high-stakes drama ended. “The Problem With Jon Stewart” Season 2Jon Stewart is pictured during an episode of "The Problem With Jon Stewart" on Apple TV+. Something to sip onStanley Tucci in pictured in a scene from the second season of "Searching for Italy." “That they appreciate the effort that people go through to grow good food, to raise good food,” he said.

☆ Fact Check-European mortality data do not support link between higher COVID-19 vaccination rates and excess deaths
▼ + stars: | 2022-10-07 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

Social media users are sharing a 45-second clip from a British news channel’s report which juxtaposes European COVID-19 vaccination rates and a single month of mortality rates to imply that countries with higher COVID-19 vaccination will have greater “excess mortality”. However, no “study” has reached the conclusion that European national vaccination rates correlate with mortality, as suggested in some social media posts. The map depicts so-called excess mortality rates across Europe in June 2022, which is the excess of deaths that month as compared to the average rate in the same month during the baseline period 2016-2019. “You really can’t draw valid conclusions on a single factor, like vaccination rates from country-level aggregated data, since countries differ in many ways other than vaccination. The clip selectively compares unrelated European datasets to suggest that high national rates of COVID-19 vaccination led to high excess mortality.

☆ Long waiting lists, long drives and costly care hinder many kids’ access to mental health care
▼ + stars: | 2022-10-06 | by ( Brenda Goodman | ) edition.cnn.com time to read: +12 min

Nearly half of those parents, 47%, say the pandemic has negatively affected their kids’ mental health, with 17% saying it had a major negative impact. Mental health providers who specialize in care for kids are concentrated in urban areas but missing from rural communities. One, TeamUp for Children, has placed full-time mental health providers in seven federally qualified health centers around the Boston area. She says this model – integrating mental health services into primary care – is being copied to varying degrees in pilot projects across the country. The KFF CNN Mental Health Survey was conducted by SSRS from July 28 through August 9 among a random national sample of 2,004 adults.

☆ A cop put on a MAGA hat to save fellow officers on Jan. 6 – and an Oath Keeper helped
▼ + stars: | 2022-10-05 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +18 min

“Escorted!”The man escorting them, with the bullhorn in the Eddie Bauer jacket, was a member of the far-right Oath Keepers organization. Three other Oath Keepers — Joshua James, Brian Ulrich and William Todd Wilson — have already pleaded guilty to seditious conspiracy. Johnson wasn’t aware that Nichols was an Oath Keeper, nor of who the Oath Keepers were, his lawyer said. ‘They’re being scapegoated’The Oath Keepers charged in the seditious conspiracy, according to the government’s evidence, came prepared on Jan. 6. The judge overseeing the Oath Keepers case said that the evidence can be introduced only if the defendants witnessed it directly.

☆ Small Businesses Getting Squeezed Out in Push for Warehouse Space
▼ + stars: | 2022-10-05 | by ( Liz Young | Paul Berger | ) www.wsj.com time to read: +4 min

A warehouse crush across the U.S. is squeezing out smaller companies as big retailers fill industrial storage sites with their growing stockpiles of inventory. Karen Galena, president of First Logistics, which has four warehouses in the Chicago area that provide space for retailers and manufacturers, said bigger customers are willing to pay higher prices for increasingly scarce storage space. “It’s tough for the small guy,” Ms. Galena said, noting labor and other costs are rising for warehouse operators. The challenges small businesses face finding warehouse space mirrors difficulties many had securing room on container ships earlier in the Covid-19 pandemic, when ocean carriers drove up rates and bumped smaller shippers to make way for larger clients. He said some companies are even generating revenue from unconventional storage space.

☆ Denver's most expensive home lists for $28.9 million and features a stunning charred wood treatment
▼ + stars: | 2022-10-03 | by ( Ray Parisi | ) www.cnbc.com time to read: +6 min

Dusk view of the main house looking into the glass-encased great room. Nate PoltaThe local trend in Denver sales prices may bode well for the new $28.9 million listing. Primary bedroom Nate PoltaThe main house includes five bedrooms and eight bathrooms. Nate PoltaThe residence includes a self-sustaining solar energy system, in-floor heating and Lutron shades. The view from above the lap pool and sundeck reveals an array of solar panels on the pool house roof.

☆ Band-Aids and Tylenol will have a new name on their packages: Kenvue
▼ + stars: | 2022-09-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN Business —We have all heard of Band-Aid, Tylenol, Benadryl and Johnson’s baby powder. We have never heard of the new made-up word Kenvue. But Kenvue will be the new corporate parent of these familiar consumer health brands next year. The name Kenvue reflects J&J’s desire for the new consumer company identity to take a backseat to well-known brands such as Band-Aid. Then there have been brands that changed their names to signal strategy shifts, such as Dunkin’ dropping “Donuts” in 2018.

☆ Philip Morris isn't considering withdrawing Swedish Match bid -CEO
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: 1 min

GDANSK/LONDON, Sept 28 (Reuters) - Philip Morris (PM.N) is not considering withdrawing its offer for Swedish Match (SWMA.ST) despite deteriorating global economic conditions and has "options on the table" including holding a majority stake, its CEO told Reuters. Jacek Olczak told Reuters that since it made its original bid, the global macro-economic environment has changed. As a result, he believes the offer is "even more attractive than it was the time when we did offer it." Register now for FREE unlimited access to Reuters.com RegisterReporting by Marie Mannes and Richa Naidu; Editing by Matt ScuffhamOur Standards: The Thomson Reuters Trust Principles.

☆ DeSantis-appointed Florida official resigns after photo emerges appearing to show him in a Ku Klux Klan robe and hood: report
▼ + stars: | 2022-09-28 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

A widely circulated photo appears to show Jeffery Moore in a Ku Klux Klan outfit. Moore resigned from his post on the Gadsden County Board of County Commissioners last week. Sheriff Morris Young told Politico that Moore didn't deny it was him in the photo when questioned. Ron DeSantis abruptly resigned on Friday after a photo that appeared to show him in a Ku Klux Klan robe and hood surfaced. Refuted nothing when I showed him the pictures," Young told Politico.

☆ YouTubers are pushing dodgy crypto investment advice. Here’s why you should ignore it.
▼ + stars: | 2022-09-26 | by ( Rob Price | Meghan Morris | ) www.businessinsider.com time to read: +15 min

Together, these revenue streams mean cryptocurrency influencers profit off their viewers no matter which way the market turns. Of course, crypto YouTube is a far cry from the regulated world of traditional finance. Armstrong told the Post that he made "maybe close to a million" from before dropping sponsored content in January 2022. A price list leaked by ZachXBT appears to show that dozens of small crypto influencers also have menus for similar undisclosed deals. But with little regulatory oversight, crypto influencers show little sign of slowing down — despite the precipitous decline of the crypto market.

☆ How Bryan Lourd became one of the most powerful people in the history of Hollywood
▼ + stars: | 2022-09-25 | by ( Alex Sherman | ) www.cnbc.com time to read: +18 min

Lourd, 61, isn't a household name, but he wields a stunning amount of influence in Hollywood. Lourd's Hollywood clients aren't just A-listers, they're A+-listers: Brad Pitt. An old-fashioned talent agent who loves discussing old movies and doesn't mind pointing out the flaws in his own clients' work, Lourd has become arguably the most powerful person in Hollywood. "He's one of the most powerful people in the history of Hollywood," said Netflix co-CEO Ted Sarandos. But Lourd's clients are such bankable stars that it's equally important for Hollywood executives to be friendly with him as it is beneficial for Lourd and CAA.

☆ Canada girds for long haul after historic storm Fiona ravages east coast
▼ + stars: | 2022-09-25 | by ( John Morris | ) www.reuters.com time to read: +4 min

Waves roll in near a damaged house built close to the shore as Hurricane Fiona, later downgraded to a post-tropical cyclone, passes the Atlantic settlement of Port aux Basques, Newfoundland and Labrador, Canada September 24, 2022. The historic storm slammed into eastern Canada with hurricane-force winds, forcing evacuations, uprooting trees and powerlines, and reducing many homes to "just a pile of rubble." read moreThe Canadian Hurricane Centre estimated that Fiona was the lowest pressured land falling storm on record in Canada. Several university students lined up for food outside convenience stores powered by generators due to the power outage caused by Fiona. "So this is exactly the kind of work that will accompany provincial authorities in the coming weeks and months," he added.

☆ Warner Bros. Discovery CEO David Zaslav faces 3 key challenges as financial headwinds disrupt his strategy and threaten his promises to Wall Street
▼ + stars: | 2022-09-22 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +12 min

MoffettNathanson analyst Robert Fishman crystallized the daunting task ahead for Zaslav and WBD in his August 5 report "Reality First. The honeymoon was short-lived," said one senior Hollywood insider. It turns out there are five, housing some 40,000 employees globally: Warner Bros., HBO Max, the Turner entertainment channel business, CNN, and Discovery. The WBD insider said there isn't a rush to hire a new chief and that the company will continue to meet people. Under the ownership of AT&T, WarnerMedia's financials were buried in its parent's spreadsheets — now as a pure-play entertainment company, Warner Bros.

☆ Duke Energy is one of the top leakers of a gas that is 25,000 times more polluting than carbon dioxide, EPA records show
▼ + stars: | 2022-09-21 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +22 min

The emissions were equal to the annual greenhouse gas emissions of more than 59,000 automobiles, according to the EPA’s greenhouse gas equivalency calculator. Under such a scenario Duke Energy would likely have years of low emissions punctuated by a single year of high emissions. While other utilities have participated for decades in a voluntary program with the EPA to reduce SF6 emissions to next to nothing, Duke Energy has not. Brooks said Duke Energy is also targeting its most leaky equipment for faster replacement. The figure is roughly half of 1% of all greenhouse gas emissions worldwide, far smaller than yearly emissions of carbon dioxide, the primary driver of climate change.

☆ Loans Are Cheaper Than Bonds for Some Highly Rated Companies
▼ + stars: | 2022-09-21 | by ( Nina Trentmann | ) www.wsj.com time to read: +7 min

Some highly rated companies are turning to term loans instead of bonds for their financing needs, taking advantage of cheaper pricing as banks have been slower to adjust to rising interest rates than the credit markets. Highly rated companies raised $998.8 billion in bonds in the U.S. this year through Monday, compared with $177.9 billion in term loans, according to Refinitiv, a data provider. For all of last year, fundraising through bonds amounted to $1.46 trillion versus $236.7 billion for term loans for investment-grade-rated companies. Term loans often have a shorter duration than bonds, with many of them ranging from three to five years. Term loans tend to be secured,” Mr. Holtz said, pointing to the mixture of bonds and term loans that make up the company’s capital structure.

Chicago-based Framtiden Partnerships, a Swedish Match shareholder for nearly two decades, told Reuters on Wednesday that it opposes Philip Morris' (PMI) proposed takeover of the Stockholm-based company. According to Euromonitor International, Swedish Match controls about half the world's market for snus - a Swedish-style snuff that is moist and smoke-free. Swedish Match has a fragmented ownership base, he said, making it difficult to get a clear overview of how many will accept the deal. 'THREE SHAREHOLDER CAMPS'John Hempton, co-founder of Sydney-based Bronte Capital, is another Swedish Match shareholder who hopes the deal will fall through. The largest shareholders of Swedish Match, which include Wellington Management, Capital Group, BlackRock and Vanguard, all declined to comment on the deal.

Further support came Monday, when closely followed Apple analyst Ming-Chi Kuo reported the company asked manufacturing giant Foxconn to "switch production lines of the iPhone 14 to iPhone 14 Pro models." "Aggregate, Pro mix increased from an average of 41% to 56%, reflecting the benefit from Apple's efforts to concentrate upgrades in the Pro Models. The result is the average selling price of the iPhone 14 is probably around $940, the analysts concluded, compared with around $852 last year. As the strength of Pro models becomes an established view, the question shifts to what's happening with demand for the base iPhone models. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

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