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A 32-year-old man who shot a second man in the head during an altercation on a moving A train Thursday evening appears to have acted in self-defense and will not be criminally charged for now, the Brooklyn district attorney said on Friday. The shooting, which followed a frightening, chaotic confrontation on a crowded subway car during the evening rush, left the second man, 36, in critical but stable condition. The gun he was shot with was one he brought onto the train and brandished during the altercation, the police said. Oren Yaniv, a spokesman for the district attorney, Eric Gonzalez, described the shooting as “shocking and deeply upsetting.”“The investigation into this tragic incident is ongoing,” Mr. Yaniv said in a statement, “but, at this stage, evidence of self-defense precludes us from filing any criminal charges against the shooter.”
Persons: Oren Yaniv, Eric Gonzalez, , Mr, Yaniv Locations: Brooklyn
CNN —Fulton County District Attorney Fani Willis can stay on and prosecute the Georgia 2020 election interference racketeering case against former President Donald Trump and 14 of his co-defendants, Judge Scott McAfee ruled Friday, but only if she removes the special prosecutor with whom she engaged in a romantic relationship. CNN has reached out to the district attorney’s office regarding the next steps in the case. Wilis chose to dedicate much of her energy on what she believed was the most important case: prosecuting Trump for his attempts to steal the Georgia election in 2020. But the next 40 non-racketeering charges stemmed from roughly a dozen key incidents after the 2020 election. Trump and 14 of his allies have pleaded not guilty to all the charges in the sprawling racketeering case.
Persons: Fani Willis, Donald Trump, Scott McAfee, Willis, Nathan Wade, Trump, Willis ’, McAfee, ” McAfee, Wade, , Wade “, Fulton, CNN Ashleigh Merchant, Mike Roman, Merchant, sully, ” Willis, , Wilis, Brad Raffensperger, Raffensperger, Mike Pence Organizations: CNN, Court, Trump, Jail, Department Locations: Fulton County, Georgia, Atlanta, reimbursements, Wade’s, Fulton, Coffee County , Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with J. Rogers Kniffen WWE CEO Jan Kniffen and D.A. Davidson's BakerJan Kniffen, J. Rogers Kniffen WWE CEO, and Michael Baker, D.A. Davidson retail analyst, joins 'Squawk on the Street' to discuss the latest bid for Macy's, what happens to Macy's if the deal goes through, and Baker's thoughts on Dick's Sporting Goods.
Persons: Rogers Kniffen, Jan Kniffen, Davidson's Baker Jan Kniffen, J, Michael Baker, D.A, Davidson Organizations: J, Rogers Kniffen WWE, Macy's, Sporting Goods
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacy's board could get to the point of selling company as bid rises, says Jan KniffenJan Kniffen, J. Rogers Kniffen WWE CEO, and Michael Baker, D.A. Davidson retail analyst, joins 'Squawk on the Street' to discuss the latest bid for Macy's, what happens to Macy's if the deal goes through, and Baker's thoughts on Dick's Sporting Goods.
Persons: Jan Kniffen Jan Kniffen, J, Rogers Kniffen, Michael Baker, D.A, Davidson Organizations: Rogers Kniffen WWE, Macy's, Sporting Goods
New York CNN —Facebook once again finds itself in the crosshairs of former President Donald Trump. “It has everything to do with the comments from former President Trump,” Gil Luria, an analyst at D.A. Well, Trump argues that banning TikTok would help Facebook, a company the former president has a long history of battling with. Meta reinstated Trump’s Facebook and Instagram accounts in February 2023. Specifically, Luria said Trump, if elected president, could pressure Facebook by making it harder for Meta to make acquisitions in the future.
Persons: Donald Trump, Trump, ” Gil Luria, Davidson, ” Trump, Republicans –, Meta, , Luria, ” Luria, Joe Biden Organizations: New, New York CNN, Facebook, CNBC, , Trump, Truth, D.A, CNN, Republicans, Capitol, Meta, Truth Social, Trump Media & Technology Group Locations: New York, United States, Trump, Washington, China
The Food and Drug Administration has decided to delay action on a closely watched Alzheimer’s drug, donanemab, which the agency was widely expected to approve this month. will instead require donanemab to undergo the scrutiny of a panel of independent experts, the drug’s maker, Eli Lilly and Company, said Friday. The decision is likely to surprise many Alzheimer’s experts, doctors and patients who had expected the medication would soon be on the market. The F.D.A.’s move was startling to the company, which had been planning for the agency to greenlight the drug during the first quarter of this year. “We were not expecting this,” Anne White, an executive vice president of Lilly and president of its neuroscience division, said in an interview.
Persons: Eli Lilly, , Lilly, ” Anne White, Organizations: Drug Administration Locations: donanemab
The February consumer price index, set for release Tuesday, and the producer price index, due out Thursday, could hurt equities if the reports come out hotter than expected. The S & P 500 closed out the week with losses, but has advanced more than 7% for the year. Some stubborn spots in inflation February's consumer inflation data next week comes after January's surprisingly hot report dented investor hopes the so-called last mile to the Fed's 2% inflation target will be easy. Export Price Index (February) 8:30 a.m. Import Price Index (February) 8:30 a.m.
Persons: Giuseppe Sette, FactSet, James Ragan, Davidson, Nordstrom, Davidson's Ragan, Kathleen Grace, Russell, Office's Grace, Grace, Price, Jeff Cox, Nick Wells Organizations: Fed, Nvidia, Meta, Oracle, Treasury Budget, Adobe, Price, Index, Manufacturing Locations: chug, Michigan
One of the few treatments the Food and Drug Administration has approved for amyotrophic lateral sclerosis has failed a large clinical trial, and its manufacturer said Friday that it was considering whether to withdraw it from the market. The medication, called Relyvrio, was approved less than two years ago, despite questions about its effectiveness in treating the severe neurological disorder. At the time, the F.D.A.’s reviewers had concluded there was not yet sufficient evidence that the medication could help patients live longer or slow the rate at which they lose functions like muscle control, speaking or breathing without assistance. But the agency decided to greenlight the medication instead of waiting two years for results of a large clinical trial, citing data showing the treatment to be safe and the desperation of patients with a disease that often causes death within two to five years. Now, results of the 48-week trial of 664 patients are in, and they showed that the treatment did not work better than a placebo.
Persons: Organizations: and Drug Administration Locations: United States
mary zieglerWell, I think it’s much easier to ban abortion than it is to enforce a criminal law against abortion. mary zieglerNo, I think that’s right. If our abortion politics don’t reflect our abortion views, what does that tell us about the health of the democracy? We’ve seen upwards of 10 states — I think it’s 14 or 15 that have changed their definition of abortion in abortion restrictive states since Dobbs. So, the idea is that abortions that are presented as life saving either are not abortions or are simply pretexts for abortion that’s elective.
Persons: ezra klein, Ezra Klein, , overturns Roe, Wade, we’ve, Dobbs, Mary Ziegler, mary ziegler, Roe, they’ve, they’re, didn’t, isn’t, , We’ve, ezra klein Let’s, mifepristone, Z, They’re, mary ziegler That’s, Comstock, hasn’t, it’s, ezra klein There’s, Kate Cox, kate cox, mary ziegler —, she’d, there’s, you’ll, don’t, you’re, You’re, That’s, I’ve, I’m, they’ll, Ezra, you’ve, that’s, There’s, what’s, Joe Biden, Bill Clinton, You’ve, It’s, Lindsey Graham, Chuck Schumer, Hakeem Jeffries, Trump, mary ziegler There’s, Glenn Youngkin, Glenn Youngkin’s, mary ziegler It’s, we’re, Donald Trump, Roger Severino, Gene Hamilton, Hamilton isn’t, He’s, Stephen Miller’s, Jonathan Mitchell, Biden, — there’s, Josh Prager’s, Jennifer Holland, Daniel K, Williams, Wade ”, Linda Greenhouse, Reva Siegel, ezra klein Mary Ziegler Organizations: New York, Alabama, Republican, U.S, Supreme, for Life, Environmental Protection Agency, mifepristone, and Drug Administration, Republicans, State, Washington State Patrol, Democratic, Catholic Democrat, Wall Street, Act, Virginia Republicans, Republican Party, Leadership, Heritage Foundation, Health, Human Services Department, Trump, Washington Post, New York Times, HHS, Human Services, Department of Justice, Court Locations: Alabama, America, St, Louis , Missouri, East St, Louis , Illinois, Dobbs, Ohio, United States, Texas, mary ziegler — Texas, Kansas, Austin, Houston, Dallas, Florida, Miami, Jacksonville, Tampa, New York, California, Vermont, New Jersey, Missouri, Idaho, Virginia, Colorado, Roe
Investors may want to keep an eye on this artificial intelligence voice-and-speech recognition stock with ties to Nvidia . Shares of SoundHound AI have surged almost 170% this year and nearly 347% in February alone as investors bet on new applications for the booming technology trend that has taken Wall Street by storm. SOUN YTD mountain SoundHound shares in 2024 While the Nvidia investment isn't new news for investors and analysts, it does reinforce SoundHound's value proposition. "With voice enabled units expected to grow to 70% of shipments by 2026, this represents a significant growth opportunity, in our view," he added. He estimates an $11 billion total addressable market when accounting for the immediate opportunities from quick-service restaurants and original equipment manufacturers.
Persons: Dan Ives, Ives, SoundHound, Ladenburg Thalmann's Glenn Mattson, Krispy, Davidson's Gil Luria, Cantor Fitzgerald's Brett Knoblauch, Wainwright's Scott Buck Organizations: Nvidia, Wedbush Securities Locations: Krispy Kreme, Jersey
Walmart expanded its same-day delivery offering to allow shoppers to get online purchases dropped off earlier in the morning. With same-day deliveries, the three retailers are not only trying to outmatch one another on convenience. With Target's announcement this week, Walmart, Target and Kroger will all have paid membership programs with home deliveries as one of the benefits. Kroger has used online delivery to break into new regions of the country, including Florida, without opening a single grocery store. Walmart and Target both beat Wall Street's sales expectations for the holiday quarter, but said shoppers are still very value-focused.
Persons: Kroger, Michael Baker, Davidson, Davidson's Baker, John David Rainey, Rodney McMullen, That's, McMullen, We've Organizations: Target, Walmart, D.A, Kroger, Costco, Albertsons, FTC, Wall Locations: U.S, Florida
Does Eating Yogurt Reduce Your Diabetes Risk?
  + stars: | 2024-03-05 | by ( Alice Callahan | ) www.nytimes.com   time to read: +1 min
Nonfat or full-fat, flavored or plain, probiotic or natural — yogurt is already peppered with labels. But you may soon see a new claim on your container: This month, the Food and Drug Administration announced it will allow yogurt makers to say their products may prevent Type 2 diabetes. said it has found “limited scientific evidence” that consuming yogurt may reduce the risk of Type 2 diabetes. The agency’s decision came in response to a petition submitted on behalf of Danone North America, which makes yogurts sold under brands including Activia, Dannon and Oikos. Yogurt can be a nutrient-rich food and part of a healthy diet, and there is some evidence to suggest that people who eat it regularly have a lower risk of Type 2 diabetes, said Dr. Frank Hu, a professor of nutrition and epidemiology at the Harvard T.H.
Persons: Frank Hu, , Bonnie Liebman Organizations: Food and Drug Administration, Danone North, Harvard, of Public Health, Center for Science Locations: Danone North America, Chan
Why It MattersThe medication, called Opill, which was approved for over-the-counter sale by the Food and Drug Administration last year, will be the most effective birth control method available without a prescription, research shows — more effective than condoms, spermicides and other nonprescription methods. Some experts said they thought it might be a particularly good option for teenagers, who might otherwise rely on condoms. Reproductive health experts and members of an F.D.A. But long before that, the move to make a nonprescription pill available for all ages had received widespread support from specialists in reproductive and adolescent health and groups. In a survey in 2022 by the health care research organization KFF, more than three-quarters of women of reproductive age said they favored an over-the-counter pill, primarily because of convenience.
Persons: Lupe M, Rodriguez, ” Karen Murry, Opill Organizations: Food and Drug Administration, National Latina Institute, Reproductive
"We are initiating coverage of Evolent Health with an Outperform rating and $45 price target." Goldman Sachs downgrades Estee Lauder to neutral from buy Goldman downgraded the stock and said it's under "sizeable pressure." "We are upgrading Annexon (ANNX shares) to Overweight from Neutral and establishing a December 2024 price target of $11." Bank of America reiterates Eli Lilly as buy Bank of America raised its price target on the stock to $1000 per share from $800. "Following 4Q23 earnings we are upgrading GoodRx from Neutral to Overweight and increasing our December 2024 price target from $7 to $10."
Persons: Davidson, Campbell, Morgan Stanley, JD, TD Cowen, Parker, Dell, Goldman Sachs, Goldman, Louise Singlehurst, Tom Ford, Jefferies, Root, AVGO's, Stephens, Vita Coco, COCO, Piper downgrades, Piper, Redburn, Oppenheimer, Daiwa, Morgan Stanley downgrades Flywire, Goldman Sachs downgrades Estee Lauder, Estee Lauder, Dwight, Wells, Eli Lilly, Lilly, D.A Organizations: Apple, Vulcan, Merck, Vertex Pharmaceuticals, Bank of America, Broadcom, York Community Bancorp, Netflix, Micron, Mizuho, MU, Citi, EV, Health, Nvidia, Dwight, Hewlett Packard Enterprises, JPMorgan, biosciences, " Bank of America Locations: York, Davidson, Oshkosh, Minneapolis , MN
Mike Segar | ReutersRegional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year's banking turmoil nears. "The disclosures add to our concern about NYCB's interest-only multi-family portfolio, which may require a long workout period unless interest rates decline." Days later, ratings agency Moody's cut the bank's credit ratings two notches to junk on concerns over the bank's risk management capabilities after the departure of NYCB's chief risk officer and chief audit executive. The bank's stock was briefly buoyed by a flurry of insider purchases indicating executives' confidence in the bank. Most of those deposits were insured, and it had ample resources to tap if uninsured deposits left the bank, it said.
Persons: Mike Segar, NYCB, Raymond James, Steve Moss, Moody's, Alessandro DiNello, DiNello, D.A, Davidson, Peter Winter Organizations: New York Community Bank, Reuters Regional, New, Community Bank, Silicon Valley Bank, Signature Bank Locations: Yonkers , New York, U.S, NYCB
In this article NOVO.B-DKLLYWWGWW Follow your favorite stocks CREATE FREE ACCOUNTAn injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. But will Americans trust the most iconic brand in the legacy weight-loss business to guide them into its future? "Big pharma was coming for weight loss, and if they didn't have a clinical angle, they would have run the risk of becoming an irrelevant company." "This is a new, incredibly powerful and effective class of pharmaceuticals that a lot of people will find help improve their health." watch nowRisks of overreliance on obesity drugs The risk is real that providers may use the medications and "forget about lifestyle," said John Batsis, an associate professor and nutrition expert at the University of North Carolina Chapel Hill's school of public health.
Persons: Eli Lilly’s, Brendan Mcdermid, Eli Lilly, , Sima Sistani —, Sistani, Alex Fuhrman, Hallum, Fuhrman, Davidson, Linda Bolton Weiser, I've, Geoff Cook, Cook, John Batsis, Batsis Organizations: Reuters, Novo Nordisk, CNBC, Craig, pharma, University of North, University of North Carolina Chapel Locations: New York City, U.S, Herbalife, University of North Carolina
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple pulling out of EV project was the right move, says Wedbush's Dan IvesDan Ives, Wedbush Securities analyst, and Gil Luria, D.A. Davidson senior software analyst, joins 'Squawk on the Street' to discuss each analyst's take on Apple's move out of automobiles, any idea how much capital Apple put towards its electric vehicle ambitions, and much more.
Persons: Wedbush's Dan Ives Dan Ives, Gil Luria, D.A Organizations: Apple, Wedbush Securities, Davidson
To the Editor:Re “Why Can’t More Children Get the Treatment That Saved My Son’s Life?,” by Elizabeth Currid-Halkett (Opinion guest essay, Feb. 24):Our three children, ages 5 and 7, battle a rare, relentless and ultimately fatal disease called cystinosis. We recently found hope in the initial phase of a gene therapy clinical trial that was shown to be safe and yielded very promising results — a therapy that could one day save our children’s lives. Our biggest fear is that it will not be accessible to them or others in desperate need. We applaud Dr. Marks’s wisdom and perspective. reviewers’ initial rejection is a cautionary tale of how patient access to lifesaving therapies could be impeded by a narrow interpretation of efficacy.
Persons: Elizabeth Currid, Currid, Peter Marks, Organizations: Biologics
The judge overseeing the Georgia election interference case against former President Donald J. Trump has ordered a key witness back to the stand, as the judge weighs whether Fani T. Willis, the prosecutor who brought the case, has a disqualifying conflict of interest. The witness is Terrence Bradley, the former divorce lawyer and law partner of Nathan Wade, whom Ms. Willis hired to manage the Trump case. The ruling on Monday by Judge Scott McAfee of Fulton County Superior Court is a victory for Mr. Trump and his 14 co-defendants, as they seek to have Ms. Willis, Mr. Wade and Ms. Willis’s entire office removed from the high-stakes case. The defense questioned Mr. Bradley during a court hearing earlier this month, in an attempt to find out whether Mr. Wade and Ms. Willis were being truthful about key details of a romantic relationship that developed between them, including their assertion that the romance began after Mr. Wade began working for Ms. Willis in November 2021. Mr. Bradley declined at that time to answer questions related to what he knew about the romance, citing attorney-client privilege and other rules that shield lawyers from having to disclose communications with clients.
Persons: Donald J, Trump, Willis, Terrence Bradley, Nathan Wade, Judge Scott McAfee, Mr, Wade, Willis’s, Bradley Organizations: Fulton County Superior, Mr Locations: Georgia, Fulton County
Cinnamon-flavored applesauce pouches sold in grocery and dollar stores last year poisoned hundreds of American children with extremely high doses of lead, leaving anxious parents to watch for signs of brain damage, developmental delays and seizures. The Food and Drug Administration, citing Ecuadorean investigators, said a spice grinder was likely responsible for the contamination and said the quick recall of three million applesauce pouches protected the food supply. Children in 44 states ate the tainted applesauce, some of which contained lead at extraordinarily high levels. and a food-safety law that gives companies, at home and abroad, wide latitude on what toxins to look for and whether to test. “Largely, the food supply regulatory system is based on an honor system.”
Persons: , Neal Fortin Organizations: Drug Administration, The New York Times, Institute for Food Laws, Michigan State University,
Morgan Stanley reiterates Target at overweight Morgan Stanley stood by its overweight rating on the department store owner. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it likes the setup heading into earnings later this week. Morgan Stanley upgrades HashiCorp to overweight from equal weight Morgan Stanley said the software company has a compelling valuation. Morgan Stanley upgrades AvalonBay to overweight from equal weight Morgan Stanley said apartment REIT stocks like AvalonBay are '"cheap for a reason." Morgan Stanley upgrades Sun Country to overweight from equal weight Morgan Stanley said it likes the airline's business model.
Persons: Goldman Sachs, Goldman, Morgan Stanley, Salesforce, Rosenblatt, Jefferies, Amer, Wells, Jane Fraser, Roth MKM, Roth, TD Cowen, TD, DA Davidson, OW, Fannie Mae, KBW, Freddie, Truist, it's, Piper Sandler, Piper, Bentley Organizations: Nvidia, BMO, Apollo, Amer Sports, Citi, Citigroup, Bank of America, KKR, APO, BJ's Wholesale, D.A, Susquehanna, Energy, HSBC downgrades Moderna, HSBC, Moderna, Google, YouTube, " Bank of America, Omega Healthcare, Sun, DuPont's Mobility, JPMorgan, Navy, Bentley Systems Locations: USD75, Asana, ASAN
Manhattan prosecutors on Monday asked the judge overseeing the criminal case against Donald J. Trump to prohibit the former president from attacking witnesses or exposing jurors’ identities. The requests, made in filings by the Manhattan district attorney’s office, noted Mr. Trump’s “longstanding history of attacking witnesses, investigators, prosecutors, judges, and others involved in legal proceedings against him.”In outlining a narrowly crafted gag order, the office hewed closely to the terms of a similar order upheld by a federal appeals court in Washington in another of Mr. Trump’s criminal cases. The gag order in the Manhattan case, if the judge approves it, would bar Mr. Trump from “making or directing others to make” statements about witnesses concerning their role in the case. The district attorney, Alvin L. Bragg, also asked that Mr. Trump be barred from commenting on prosecutors on the case — other than Mr. Bragg himself — as well as court staff members.
Persons: Donald J, Trump, Trump’s, Alvin L, Bragg, Organizations: Monday Locations: Manhattan, Washington
The Manhattan District Attorney's Office on Monday asked a judge to impose a gag order on former President Donald Trump ahead of his upcoming trial on charges of falsifying business records related to a 2016 hush money payment to a porn star. Prosecutors want Trump barred from making public comments about witnesses jurors, trial prosecutors, members of the court staff, and any relatives of lawyers and court staff involved in the case. They also want him barred from directing others to make public statements any prospective juror or jurors in the trial. "And the need for such protection is compelling," Bragg's office said in its request, filed in Manhattan Supreme Court. Trump would be allowed to make public statements about Bragg under the proosed gag order.
Persons: Donald Trump, Stormy Daniels, Trump, D.A, Alvin Bragg's, Juan Merchan, Bragg Organizations: U.S, Manhattan, Attorney's, Prosecutors, Trump, Washington , D.C Locations: Manhattan, New York City, Washington ,
The bank increased its price target for Nvidia to $820 from $575 in a Feb. 22 note. TD Cowen said in a Feb. 21 note that the company is likely to maintain strong data center growth in the coming years. It raised its price target for Nvidia from $800 to $925. Luria only has a neutral rating for Nvidia, giving it a $410 price target — implying a 47% downside. Bottomline: According to FactSet, analysts covering Nvidia gave it a 93% buy rating, with an average price target of $850.97, implying upside of 8.4%.
Persons: Jeff Pu, CNBC's, TD Cowen, BofA, Gil Luria, D.A, Davidson, Luria, — CNBC's Michael Bloom Organizations: Nvidia, Citi, Haitong, Apple, NVIDIA, Microsoft, Google, AMD, Intel Locations: BofA
Many workers have expressed fears that the technology will show up at the office like a young gun coming for their job. Williams expects some of the biggest gains from AI won't center on what companies and workers are doing now. Instead, he sees major wins coming from what workers aren't doing but that AI could. Filling in when help is scarceOne reason jobs sometimes aren't getting done is because there aren't always enough workers. If AI could be deployed to help with this work, the time the task takes might get cut in half, Holding said.
Persons: Heather Holding's, she'd, couldn't, let's, Ron Williams, Williams, that's, Jérôme Pesenti, Pesenti Organizations: AIs, Facebook
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