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☆ Loop Capital's Anthony Chukumba gives his read on the state of the consumer
▼ + stars: | 2023-07-14 | 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 EmailLoop Capital's Anthony Chukumba gives his read on the state of the consumerAnthony Chukumba, Loop Capital managing director, joins 'Power Lunch' to discuss the state of the consumer and the retail market.

Persons: Anthony Chukumba Organizations: Loop Capital

☆ Former DoJ official breaks down Senate hearing on PGA-LIV deal that reshapes pro golf
▼ + stars: | 2023-07-11 | 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 EmailFormer DoJ official breaks down Senate hearing on PGA-LIV deal that reshapes pro golfAnthony Coley, former Treasury deputy assistant secretary, joins 'Power Lunch' to discuss the Senate's PGA Tour-Liv golf merger hearing

Persons: LIV, Anthony Coley Organizations: DoJ

☆ Bed Bath & Beyond went bankrupt and sold its brand. That hasn't stopped meme-stock fans from trading over $200 million of its shares in recent weeks.
▼ + stars: | 2023-07-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Bed Bath & Beyond went bankrupt and sold its brand, but people are still placing bets on its stock. Investors have traded over $200 million worth of its likely worthless shares since early May. They've traded over $200 million worth of the homewares retailer's shares since early May, Yahoo Finance data shows, even though they're most likely worthless. Investors have traded an average of 24 million shares a day since then, per Yahoo Finance. Moreover, Overstock.com recently purchased BBBY's intellectual property for $22 million, and plans to rebrand itself under the Bed Bath & Beyond name.

Persons: —, They've, they're, Anthony Chukumba, that's, Overstock.com, Chukumba Organizations: Investors, Financial Times, Service, Yahoo Finance, New York Stock Exchange, Tesla, GameStop, Bed

☆ Bank of America's top stock picks for the third quarter
▼ + stars: | 2023-07-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Bank of America is out with its latest short-term stock picks as the third trading quarter of the year gets underway. "Over the last quarter, the BofA Macro view has evolved," strategist Anthony Cassamassino wrote in a note Monday. Bank of America gathered its 10 best ideas for the new quarter, all of them buy-rated, Cassamassino said. The bank also sees multiple growth drivers this year and improvements in merchandise margins as cost inflation and freight expenses normalize. Its $135 price target on the stock is more than 50% above its closing price Friday.

Persons: Anthony Cassamassino, Savita Subramanian, Michael Hartnett, Michael Gapen, Stephen Suttmeier, Cassamassino, it's, Lamb Weston, Wells, defensibility Organizations: of America, U.S, Our U.S . Economist, " Bank of America, Body, Bank of America, Disney, Wells Fargo Locations: Our

But officially colour-blind France has long refused to acknowledge any racial factor was at play. "From that point on, unions were involved in everything that's co-managed, including the managing of human resources," he told Reuters. But these fines are rare and rights groups say police officers often end up with light sentences, fuelling a sense of impunity. A rise in lethal police shootings over the last few years has been linked to a law reform in 2017, which broadens the circumstances in which an officer can use their firearm. "It is completely vague, and it allows to shoot much more freely," said Caille of the left-wing CGT police union.

Persons: Cedric Mas, Olivier Cahn, that's, " Cahn, Christophe Castaner, Gerald Darmanin, Franck Louvrier, Nicolas Sarkozy, Darmanin, Ravina Shamdasani, Anthony Caille, –, Sebastian Roche, Michel Rose, Angus MacSwan Organizations: Rights, Twitter, Cergy University, Reuters, Socialists, United Nations, Police, CGT Police, of, Society, CGT, Thomson Locations: PARIS, Britain, France, United States, Paris, Moroccan, – France, U.S, Nice

☆ How influencer couples use relationships to reach new followers and build content strategies as partners, according to a talent manager
▼ + stars: | 2023-06-27 | by ( Nhari Djan | ) www.businessinsider.com time to read: +7 min

A talent manager explains how he strategizes with influencer couples. Toteda and Cushion are the type of influencer couple Duncan and Ingenuity Live are looking to work with more. This is not dissimilar to how they would deal with an individual influencer, but there is a difference in application. Duncan thinks more influencer couples should collaborate with other couples, as well. "A lot of couples aren't looking to other couples that maybe have a small crossover of the same audience," Duncan said.

Persons: TikTok, influencers Monet McMichael, Jalen Noble, McMichael, Noble, Jeff Duncan, Nick Toteda, Anthony, Toteda, Duncan, it's, There's, Liza Koshy, David Dobrik, Nick Viall Locations: London

☆ Treasury Secretary Janet Yellen's expected visit to China: Here's why it matters
▼ + stars: | 2023-06-27 | 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 EmailTreasury Secretary Janet Yellen's expected visit to China: Here's why it mattersAnthony Coley, former Treasury Deputy assistant secretary, joins 'Power Lunch' to discuss Treasury Secretary Janet Yellen's potential visit to China.

Persons: Janet Yellen's, Anthony Coley Locations: China

☆ A talent manager who works with influencer couples explains how creators use relationships to reach new followers — and the type of couple he'll never work with
▼ + stars: | 2023-06-24 | by ( Nhari Djan | ) www.businessinsider.com time to read: +7 min

☆ Mizuho: Utilities have underperformed this year, but earnings look promising
▼ + stars: | 2023-06-15 | 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 EmailMizuho: Utilities have underperformed this year, but earnings look promisingAnthony Crowdell, Mizuho Research Analyst, discusses the utilities sector following the Fed's latest rate decision.

Persons: Anthony Crowdell Organizations: Mizuho, Utilities, Mizuho Research

☆ Loop Capital upgrades Ulta Beauty, calls luxury brand expansion a multiyear driver for sales growth
▼ + stars: | 2023-06-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

A bet on luxury should pay off for Ulta Beauty over the long haul, according to Loop Capital. Analyst Anthony Chukumba upgraded the beauty stock to buy from hold, highlighting its push into the luxury market and Target shop experiences. ULTA YTD mountain Ulta Beauty shares in 2023 "We believe the nascent luxury brand expansion represents a multi-year comparable sales growth driver," by luring new customer and encouraging others to trade up, he said. "We also think the continued rollout of Ulta Beauty at Target shop-in-shops will drive incremental income as well as Ultamate Rewards memberships." Chukumba called Ulta's shop-in-shops experience an attractive economic move given that Target fronts the build outs and purchasing inventory, while the beauty company collects sales-based commission.

Persons: Anthony Chukumba, Chukumba, — CNBC's Michael Bloom Organizations: Ulta Beauty, Capital

According to court filings, Caspersen in 2015 closed a major deal to recapitalize a private equity fund and then embezzeled an $8.1 million fee the fund had paid to PJT. To recoup the money owed to PJT, Caspersen defrauded Moore, which supports environmental nonprofits, into investing $25 million in the deal even though it had already been completed. The foundation sued PJT the following year, claiming the bank had been negligent in failing to more closely supervise Caspersen after he delayed in remitting the $8.1 million fee to the bank. Caspersen's fraud should have been foreseeable in light of the missing $8.1 million fee "and Caspersen’s purportedly sloppy attempt to cover up his embezzlement," Cannataro wrote. The case is The Moore Charitable Foundation v PJT Partners Inc, New York Court of Appeals, No.

Persons: Andrew Caspersen, Anthony Cannataro, Moore, Caspersen, PJT, Cannataro, Madeline Singas, Singas, Michael Garcia, Stephen Shackelford, Susman Godfrey, Aidan Synnott, Paul Weiss Rifkind Wharton, Garrison Read Organizations: Bank, NY, The New, Appeals, PJT Partners, Moore Charitable, Park Hill Group, Caspersen, New, Thomson Locations: The New York, PJT, Caspersen, New York

☆ As interest rates stay higher for longer, these home improvement stocks can navigate consumer trends
▼ + stars: | 2023-06-09 | by ( Alex Harring | ) www.cnbc.com time to read: +10 min

Investors are hoping that next week's Federal Reserve meeting offers more clarity about the path interest rates could take. Rising interest rates squeeze consumers, while a cut to follow should help boost economic activity. These pricey purchases are often financed, and higher rates mean higher costs. "Even if the sticker price of the thing doesn't change, the interest rate still matters a lot for their monthly budget." The "brakes were hit very hard in 2022," largely due to higher rates on the new-home construction side, he said.

Persons: Christopher Herrington, Herrington, Kurt Yinger, It's, James Hardie, Yinger, There's, Rafe Jadrosich, Jadrosich, Seth Sigman, Bank of America's Curtis Nagle, Nagle, Loop's Anthony Chukumba, Garik Shmois, Shmois, Leslie's, Julien Dumoulin, Smith, SunRun, Corinne Blanchard, Citi's Pierre Lau, SolarEdge, Lau, John Bailer, Michael Bloom Organizations: Virginia Commonwealth University, Davidson, Companies, Bank of America, Fortune Brands, UFP Industries, Barclays, Bank of America's, Williams, Pool Corp, of America, FTC, Deutsche Bank, Shoals Technologies, Caterpillar, Cummins, Newton Investment Management Locations: Louisiana, Wall, Sonoma, California

☆ Inflation is lower for blue-collar workers than white-collar, says Loop Capital's Anthony Chukumba
▼ + stars: | 2023-06-01 | 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 EmailInflation is lower for blue-collar workers than white-collar, says Loop Capital's Anthony ChukumbaAnthony Chukumba, managing director at Loop Capital Markets, joins 'The Exchange' to discuss the sell-off in Dollar General, consumer spending patterns shifting, and the need for a Fed pivot.

Persons: Anthony Chukumba Anthony Chukumba Organizations: Loop, Dollar

☆ Barbara Corcoran's essential morning habits for a productive day
▼ + stars: | 2023-05-25 | by ( Renée Onque | Anthony Cortez | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarbara Corcoran's essential morning habits for a productive dayThis is the morning routine that entrepreneur and "Shark Tank" investor Barbara Corcoran's does each and every day. "On an important day, my routine is no different than unimportant days," Corcoran tells CNBC Make It.

Persons: Barbara Corcoran's, Corcoran Organizations: CNBC

☆ Why Barbara Corcoran doesn't save money — and how it's made her rich
▼ + stars: | 2023-05-24 | by ( Anthony Cortez | Ashton Jackson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Barbara Corcoran doesn't save money — and how it's made her richEntrepreneur and "Shark Tank" investor Barbara Corcoran doesn't believe in saving her dollars. She abides by the care-free money philosophy learned from her mother: Spend it!

Persons: Barbara Corcoran doesn't, —, it's

☆ Flight attendants and pilots are anxiously gearing up for a potentially record-breaking summer of travel
▼ + stars: | 2023-05-19 | by ( Hannah Towey | ) www.businessinsider.com time to read: +7 min

"It's just a really precarious time of year for airline employees," Anthony Cataldo, a flight attendant for American Airlines with 33 years' experience, told Insider. Such predictions have left some airline workers anxious about carrying the industry through what could be a record-breaking travel season, four mainline pilots and flight attendants told Insider. Compared to last summer, airline staffing levels have largely improved, with Delta and United hiring thousands of new employees this year. The Southwest and American Airlines pilot unions both voted to authorize a strike this month. Air traffic control remains understaffedAs of April, the crowded airspace around New York City had 129 certified air traffic controllers — just over half of the staffing target of 226 — with 67 air traffic controllers in training, according to aviation firm Rinaldi Consultants.

☆ Google is pressing ahead with its plan to kill off cookies. Advertising and privacy groups aren't convinced its cookie alternatives are ready for public consumption.
▼ + stars: | 2023-05-18 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

Google has laid out the latest timeline for its plan to kill off third-party cookies in Chrome. Google will take the next steps in its plan to kill third-party tracking cookies from its Chrome browser, the company said on Thursday. Google has missed previous deadlines to stop supporting third-party cookies in Chrome. Google's blog post also included quotes from adtech companies crediting the tech giant for soliciting feedback from developers who have tested the Privacy Sandbox technology. The Privacy Sandbox proposals have also faced privacy concerns.

☆ What to Know About the Comstock Act
▼ + stars: | 2023-05-16 | by ( Luke Vander Ploeg | Pam Belluck | ) www.nytimes.com time to read: +1 min

As the legal battle over abortion pills winds through the federal courts, anti-abortion activists are citing a 150-year-old law, the Comstock Act of 1873, to bolster their case. Here is how the Comstock Act came to be and how it is being viewed today. What does the Comstock Act say? Among other things, the Comstock Act prohibits the mailing of “obscene, lewd, or lascivious” materials, like pornography, or any article or thing “intended for the prevention of conception or procuring of abortion.” It also prohibits shipping those things by way of express common carriers, meaning services like FedEx or UPS. The act’s namesake, Anthony Comstock, was a deeply religious Civil War veteran turned anti-vice crusader from New York who was obsessed with combating what he saw as a culture of sexual impurity.

☆ Starbucks, Estée Lauder, Qualcomm: Global companies warn of slower-than-expected recovery in China
▼ + stars: | 2023-05-11 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Starbucks (SBUX) and Qualcomm (QCOM) have also flagged uncertainties related to the country, which is a top market for both. Beijing abandoned its zero-Covid policy in December and scrapped longstanding quarantine requirements for international arrivals in January, ending restrictions that had isolated its economy. The welcomed, if abrupt, policy U-turn led to hopes that China could help propel global growth as it had before the pandemic. The idea was that as soon as the zero-Covid policy would be over, the Chinese households and consumers would just go berserk. Starbucks warned last Tuesday that sales growth in China was starting to cool — and likely would continue that trajectory over the next six months.

Its Very Large Telescope is perched at 8,645 feet atop an explosive-flattened mountaintop, where the atmosphere is relatively stable and incredibly dry. is building a new telescope, the Extremely Large Telescope, which will be used for, among other purposes, hunting for exoplanets that might support life. On my way back to the residencia, I stopped and looked up at the billowing arch of the Milky Way. The Atacama, for all its emptiness, is not a void. The desert, in its dryness, keeps the dead and opens the sky.

☆ Key Florida business lobby isn't picking sides in feud between its allies Disney, DeSantis
▼ + stars: | 2023-05-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

The Florida Chamber of Commerce has counted Disney as an ally for over a decade, and helped to propel Republican Gov. Ron DeSantis' climb up the state's political ladder. But as Disney and DeSantis descend into an increasingly venomous fight, the state Chamber has not defended or criticized either side. The business lobbying group has yet to weigh in on the dispute on its website. The Florida Chamber of Commerce declined to comment.

U.S. hotel operators who have been grappling over the past year with an uneven recovery in Chinese demand are now benefiting from pent-up-demand throughout Asia Pacific, particularly in Greater China. "While macroeconomic uncertainty persists, it has not weighed on travel demand to date. In fact, demand continued to rise across all customer segments in the quarter," Marriott CEO Anthony Capuano said on a call with investors. In the Greater China region RevPAR rebounded to 95% of pre-pandemic levels during the quarter while Mainland China RevPar fully recovered to 2019 levels. "First quarter hotel performance came in a bit better than expected and will likely be the high-water mark for the year," said CoStar Group National Director of Hospitality Analytics Jan Freitag.

☆ Twitter users have found a loophole to get their legacy verified blue ticks back just by writing a few key words in their bios
▼ + stars: | 2023-05-02 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

People have found a way to get their Twitter blue checks back for free — though it's just a temporary fix. Legacy verified Twitter users have found a temporary fix to get their blue tick back for free — just by adding in a few words to their bio. Cheryl Teh, a news editor from Insider — who lost her blue tick when Twitter CEO Elon Musk axed the legacy blue tick program on April 1 — confirmed that writing "former blue check" in her bio restored the blue tick. But Musk replaced it with a subscription-based service, where legacy verified users could keep their checkmarks by signing up for the Twitter Blue subscription program. The posthumously installed blue tick beside these celebrities' names on Twitter erroneously claims: "This account is verified because they are subscribed to Twitter Blue and verified their phone number."

Government officials, worried about a constrained labor force in a state where population growth has stalled, have taken a cover-the-waterfront approach. After raising starting wages from $17 an hour to around $24 and overhauling hiring strategies, Drees still has 200 open jobs at this and two nearby facilities, where he is hoping to add to current staffing of 1,200. That reshuffling may be one reason the Fed is finding it harder than expected to slow a job market struggling to match workers into open positions. Minnesota has had a particularly large imbalance: The 12-month moving average of available positions last year reached 2.75 for every unemployed person. "Nowadays you look online and there are just hundreds of day-shift job positions," he said.

☆ Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more
▼ + stars: | 2023-05-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Chegg — Chegg shares tumbled 42% in premarket trading after CEO Dan Rosensweig said he expects artificial intelligence is "having an impact on our new customer growth rate." However, its adjusted earnings per share and revenue for the first quarter beat estimates, per Refinitiv. NXP Semiconductors — Shares of the chip maker jumped about 5% after the company beat analysts' expectations for first-quarter revenue and operating income. However, its first-quarter revenue beat analysts' expectations, according to Refinitiv. The company is also planning an up to $2 billion share buyback after its annual general meeting.

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