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☆ Here's how to leverage the 0% capital gains bracket as the price of bitcoin surges
▼ + stars: | 2024-11-18 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

But if you're in the 0% capital gains bracket, you can reduce future taxes with a lesser-known strategy, experts say. You can leverage the 0% long-term capital gains rate — meaning you won't owe taxes on gains — as long as earnings are below a certain threshold. The income limits for 0% capital gains may be higher than you expect, Gordon said. You calculate taxable income by subtracting the greater of the standard or itemized deductions from your adjusted gross income. If you're in the 0% bracket, you can sell profitable crypto to harvest gains without triggering taxes.

Persons: Andrew Gordon, Gordon, Matt Metras Organizations: Gordon Law Group, MDM Financial Services Locations: Rochester , New York

Rowan and Warsh shake up Treasury raceFew of the unfilled positions in Donald Trump’s cabinet are as important as Treasury secretary. Allies of two candidates, Howard Lutnick, the transition co-chair, and Scott Bessent, a top economic adviser, publicly stumped for them this weekend. Musk threw his support behind Lutnick over the weekend, calling Bessent “business as usual,” an especially cutting criticism in the Trump camp. Loeb backed Bessent, arguing that choosing Lutnick might rattle investors, including in the $28 trillion market for Treasury bonds and notes. That said, Bessent is also being floated for positions such as chair of the White House’s National Economic Council.

Persons: Rowan, Warsh, Donald Trump’s, cloudier, Howard Lutnick, Scott Bessent, Marc Rowan, Kevin Warsh, Elon Musk, Dan Loeb, Musk, Bessent, Trump, Loeb Organizations: Times, Apollo Global Management, Fed, Treasury, White, Economic Council

☆ Jonathan Majors and Meagan Good are engaged
▼ + stars: | 2024-11-18 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —Jonathan Majors and Meagan Good have announced their engagement at the same annual event where they met two years ago. Wearing a sparkly gold dress, Good flashed her engagement ring on the green carpet of the 2024 EBONY Power 100 Gala in Los Angeles on Sunday. “Life is crazy—I’m crying to you—she is the most perfect, beautiful, divine (and) powerful being that I’ve ever met,” Majors told EBONY magazine. The acting duo shared the news at the event, which celebrates Black talent and leaders from across the world, because that “is the event that we met at in the bathrooms,” Good told E! Good, who stars in the Prime Video comedy series “Harlem,” was seen supporting Majors throughout the legal case, attending court with her partner.

Persons: Jonathan Majors, Meagan, I’ve, ” Majors, EBONY, I’m, Good, Creed III, ”, Tom Ortenberg, DeVon Franklin Organizations: CNN, Briarcliff Entertainment Locations: Los Angeles, Hollywood

☆ Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
▼ + stars: | 2024-11-18 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

SINGAPORE — Chinese tech giant Tencent is increasingly leveraging its WeChat super-app ecosystem to set itself apart from dominant global cloud service players, Tencent Cloud CEO Dowson Tong said. Super app platforms are often developed using cloud infrastructure to provide scalability, reliability, and efficient resource management. For example, Cambodia's Canadia Bank partnered with Tencent Cloud to launch a new mobile banking app in 2023. For instance, Amazon specializes in e-commerce, cloud services, and streaming, but does not have a single app integrating these services. Similarly, Microsoft offers enterprise solutions such as Office 365 and gaming, but lacks a comprehensive consumer-facing super app.

Persons: Dowson Tong, Tong Organizations: Tencent, CNBC, Singapore Fintech, Microsoft, Web Services, Google, Synergy Research, Cambodia's Canadia Bank, Amazon Locations: WeChat, China, SINGAPORE, Singapore

☆ WiFi Money sued by Nebraska Attorney General over allegations of 'deceptive' passive income promises
▼ + stars: | 2024-11-18 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

AdvertisementSocial-media collective WiFi Money was sued by the Nebraska Attorney General's office. WiFi Money has made tens of millions of dollars pitching controversial "passive income" investments. The lawsuit accuses WiFi Money of causing Nebraska state residents to lose more than $3 million. WiFi Money was sued by Nebraska's Attorney General who alleged the social-media collective offered "deceptive" get-rich-quick schemes that lost residents of the state more than $3 million. Nearly 100 complaints have been lodged with the FTC about WiFi Money and two of its partner companies, BI previously reported.

Persons: James Ragano, Michael Hilgers, Defendants, Cadillac Escalades Organizations: Nebraska Attorney, Nebraska's, dropshipping, IRS, WiFi, Nebraska AG Locations: Nebraska, Florida, Alachua County , Florida

☆ Goldman's 2025 equity forecast is out and calls for the S&P 500 to gain 11% from here
▼ + stars: | 2024-11-18 | by ( John Melloy | ) www.cnbc.com time to read: +3 min

"We estimate net margins will expand by 78 bp to 12.3% in 2025 followed by a further 35 bp increase to 12.6% in 2026." Heading into this year the Goldman team was too bearish. When it originally set its 2024 forecast last November it called for the index to climb just 5% to 4,700. States the report: "Our economists assume the Trump administration will impose targeted tariffs on imported automobiles and select imports from China. "High multiples are weak signals for near-term returns, but typically increase the magnitude of market drawdown during a negative shock," states the report.

Persons: Goldman Sachs, David Kostin, Goldman, Donald Trump, Trump, Martin Marietta, Stocks Organizations: CNBC Pro, Goldman, Microsoft, Tesla, Electronic Arts, Martin Marietta Materials, Waste Management, Fiverr International, Apple, Adobe, Mastercard, Uber Locations: China

☆ This Costco competitor looks cheap. How to bet on it using options
▼ + stars: | 2024-11-18 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

It builds on the P/E ratio (price-earnings ratio) by incorporating the expected long term earnings growth rate, providing a more dynamic perspective. Using a two-axis growth of a similar relative scale, we can normalize and compare BJ's revenue growth to Costco's. Costco's growth rate is better than that of its smaller competitors, but is the stock itself a better value? Over the past five years, Costco has experienced a growth rate of 11%, and BJ's is a more modest but still respectable 7%. BJ's PEG ratio is 21/7 = 3.

Persons: BJ, I've, BJ Jan Organizations: BJ's Wholesale Club Holdings, BJ's, Costco, Walmart, CNBC, NBC UNIVERSAL Locations: Marlborough , Massachusetts, East Coast, Midwest

☆ McDonald's is reportedly spending $100 million to help lure customers back after the E. coli outbreak
▼ + stars: | 2024-11-18 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementMcDonald's is investing $100 million into recovering from an E. coli outbreak, CNN reported. McDonald's said the outbreak led to a drop in restaurant visits and sales. McDonald's is reportedly spending $100 million to lure customers back to stores following an E. coli outbreak linked to slivered onions served on Quarter Pounder hamburgers. AdvertisementAn additional $65 million will be spent on the franchisees that were worst affected by the outbreak, it said. AdvertisementIts new marketing campaign will reportedly include TV ads that showcase a 10 McNuggets for $1 deal that can be redeemed through the chain's app.

Persons: McDonald's, Michael Gonda, Tariq Hassan Organizations: CNN, Marketing, Business, US Centers for Disease Control, CDC Locations: North America

☆ Carrots sold at Trader Joe's and Wegmans recalled due to possible E. coli contamination
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

If you do your weekly grocery rounds at Trader Joe's or Wegmans, it might be time to check your fridge. The recalled carrots were shipped by Grimmway Farms to distribution centers in the U.S., Canada and Puerto Rico, and sold under multiple different labels, including Trader Joe's, Wegmans, Bunny-luv, Nature's Promise, Simple Truth and 365. Grimmway Farms has shared pictures of all the labels in question for customer awareness. While they are no longer being sold in stores, Grimmway Farms is warning customers who may still have them in their fridges to throw them away. "We take our role in ensuring the safety and quality of our products seriously," Grimmway Farms President and CEO Jeff Huckaby said in a statement.

Persons: Joe's, Grimmway, Jeff Huckaby Organizations: Centers for Disease Control, Prevention, CDC, Grimmway Locations: Bakersfield , California, U.S, Canada, Puerto Rico, Colorado , Montana and Nebraska

Artificial Intelligence is reshaping the job application process, simplifying some aspects — and creating new potential frictions in others. As the use of AI in hiring and applying increases, many job seekers are having to go to extra lengths to stand out. Using the tools, job seekers can save hundreds of hours — and apply to up to thousands of jobs a day, according to the services. A premium membership starts at $38 a month, according to the website — a cost AI Apply notes is much lower and more accessible than the cost of a career counselor. But job seekers are not the only party using AI in the application process, according to a recent University of Washington study.

Persons: Jeff, ” Maddie Macho, Chantal Cowie, ”, Cowie, Teal, Claude, ” Cowie, “, Aidan Cramer, Watchdogs, Cramer, ” Cramer, we’ve, OfferGoose, Mike Peditto, Ruth Edwards, “ It’s, ” Edwards, Peditto, it’s Organizations: Gemini, NBC News, of Washington, Fortune, Pew, ” Boston, New, Tiger Locations: Boston, New York

☆ Trump transition team compiling list of current and former U.S. military officers for possible courts-martial
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +5 min

The Trump transition team is compiling a list of senior current and former U.S. military officers who were directly involved in the withdrawal from Afghanistan and exploring whether they could be court-martialed for their involvement, according to a U.S. official and a person familiar with the plan. The Trump transition team did not immediately respond to a request for comment. Afghan applicants crowd into the Herat Kabul Internet cafe seeking help applying for the Special Immigrant Visas program in 2021 in Kabul, Afghanistan. It’s not clear the Trump administration would pursue treason charges, and instead could focus on lesser charges that highlight the officer’s involvement. A military transport plane launches while Afghans who cannot get into the airport to evacuate are stranded in Kabul, Afghanistan, in 2021.

Persons: “, Matt Flynn, Paula Bronstein, Donald Trump, ”, Joe Biden, Biden, Pete Hegseth, ” Hegseth, Marcus Yam, capitulating, It’s, Trump, Howard Lutnick, George Floyd Organizations: Trump, U.S, U.S ., Biden, Fox News, Warriors, Pentagon, Kabul International Airport, Los Angeles Times, Getty, Islamic State, NBC, Democratic Locations: Afghanistan, U.S, Herat Kabul, Kabul, United States, Syria

☆ Wall Street is gearing up for an M&A boom under Trump. These companies could be attractive targets
▼ + stars: | 2024-11-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Now that the election is over, and a change at the FTC seems highly likely, Wall Street is getting ready for a new era. "In my opinion, bank M & A has reopened for every bank absent the globally systemically important banks," Mills told CNBC. DFS 1M mountain Shares of Discover Financial rallied sharply after the election of Donald Trump. The merger between those two companies was blocked by a judge and then dropped this past week , but both companies could be players moving forward. There's still a populist tone in the Trump campaign … and enforcement, in my opinion, is not going to go away.

Persons: Trump, Lina Khan, Carlyle, Harvey Schwartz, Morgan Stanley, Stephanie McCann, McDermott Will, Emery, Wolfe, Naturium, Goldman, Ed Mills, Raymond James, Mills, Donald Trump, Joe Biden's, Matt Gaetz —, —, There's, Kyle Healy, Alston, Michael Lynton Organizations: Federal Reserve, Federal Trade, FTC, Federal, CNBC, Wolfe Research, Amazon, Electronic Arts, Zoom Video Communications, EA, Activision Blizzard, Capital, Discover Financial Services, DFS, Discover Financial, Spirit Airlines, Frontier, JetBlue, Regulators, Trump, Bird, Warner Music Locations: Washington

☆ 'My life is a million times better': A man who quit his desk job to be an electrician shares his takeaways from the switch
▼ + stars: | 2024-11-17 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Snyder shares his top 4 takeaways after making the switch from a white to blue collar job. If your Sunday evenings are tainted by the thought of clocking into work the next morning, you're not alone. Snyder, now 43 years old, has been an electrician for the last six years, and he's never looked back. Advertisement"As a union electrician, my life is a million times better," he said. If he's on the hunt for a new job, Snyder doesn't have to apply individually and interview — the union helps facilitate matching available jobs to union members looking for work.

Persons: Dustin Snyder, Snyder, he's, it's, who's, Snyder doesn't, I'm, Christine, cji Organizations: Bureau of Labor Statistics, AFL, Brotherhood of Electrical Workers Locations: Seattle

☆ China renamed its homegrown regional airliner to better sell it abroad. Here's how it compares to its closest rival.
▼ + stars: | 2024-11-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

The C909's closest competitors in size and range are the Brazilian-made Embraer E190-E2 and E195-E2. China's state-owned planemaker, the Commercial Aircraft Corporation of China, better known as Comac, has rebranded its regional aircraft to better compete with Airbus, Boeing, and Embraer. AdvertisementEmbraer's larger planes can carry more peopleComac data shows the C909 seats five abreast and can carry 78 passengers in two classes (or up to 97 in a high-density configuration). The Embraer E190-E2 has a shorter range than its sister jet. For example, Virgin Australia agreed to buy eight E190-E2 aircraft in August.

Persons: Comac, Yin Liqin, it's, Chen Duo, Syme, Pratt, Whitney's, Grinsven, Canada's, Cirium Organizations: Airbus, Boeing, Embraer, Commercial Aircraft Corporation of China, Jets, China News Service, Getty, TransNusa, Getty Images China Southern Airlines, Airlines, Royal Jordanian Airlines, Canada's Porter Airlines, Comac, Reuters, Hainan Airlines, Porter Airlines, Colorful Guizhou Airlines, Virgin Australia Locations: Brazilian, China's, China, Europe, Guangzhou, Indonesian, Manado, Amman, Western Europe, Toronto, Los Angeles, Hainan, Zhuhai

☆ New cookbook encourages cooks to follow charts, not recipes
▼ + stars: | 2024-11-17 | by ( Karla Walsh | ) edition.cnn.com time to read: +9 min

CNN —Julia Turshen wants you to break the rules. "Food is the social glue holding us all together," said cookbook author Julia Turshen, who is based in New York's Hudson Valley. “I’ll be thrilled, of course, if you cook directly from the recipes,” Turshen wrote. Natalie ChitwoodThe use of charts "isn’t just a collection of recipes but also a blueprint for how the recipes work," Turshen said. Recipe adapted from “What Goes With What: 100 Recipes, 20 Charts, Endless Possibilities” by Julia Turshen.

Persons: CNN — Julia Turshen, Turshen, ” Turshen, ”, Caesar, Almond Crisp, “, Julia Turshen, you’re, Pepe, pepe, Natalie Chitwood, I’ll, I’ve, Pierce, Karla Walsh Organizations: CNN, Flatiron, Flatiron Books Locations: Hudson Valley , New York, New, Hudson Valley, Natalie, Des Moines , Iowa

☆ Top Wall Street analysts are upbeat on these stocks for the long haul
▼ + stars: | 2024-11-17 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Recommendations from Wall Street can help them make informed decisions on stocks and seek solid long-term returns. Top-rated analysts pay attention to multiple aspects when selecting stocks of companies with solid fundamentals and strong execution. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. See Amazon Stock Charts on TipRanks. Mahaney thinks UBER will gain from autonomous vehicle rollouts, given its position as the largest ride-sharing demand aggregator.

Persons: Brian White, White, TipRanks, Mark Mahaney, Mahaney, Andrew Harte, Jack Dorsey, Harte Organizations: Web Services, Amazon, Technologies, Uber's, Business, Uber Technologies, BTIG Locations: AMZN

☆ Starbucks Exec Quit to Launch a Rum Brand, 3 Tips for Success
▼ + stars: | 2024-11-17 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

AdvertisementMarc Farrell became Starbucks' youngest vice president at the age of 33. He left to launch his rum brand, Ten To One, which counts Howard Schultz as an investor. AdvertisementMarc Farrell left behind his role as Starbucks' youngest VP to launch his own rum brand. On the surface, a global coffee giant, and an up-and-coming rum brand don't seem to have much in common. Don't wait until the product is perfectAt Starbucks, Farrell was he was very well paid and great colleagues and mentors.

Persons: Marc Farrell, Farrell, Howard Schultz, Jack Sparrow, Marc, Kwesi Farrell, Gabrielle Wesley, Schultz, Ciara Organizations: Starbucks, Mars, Harvard Business, Michelin Locations: Trinidad and Tobago, Mars Wrigley, America, Caribbean, Seattle, Trinidad, Korean, New York City

☆ Will Tulsi Gabbard bring a pro-Russian bias to intelligence reporting?
▼ + stars: | 2024-11-16 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +8 min

Former Rep. Tulsi Gabbard, D-Hawaii, at the Faith & Freedom Coalition's 2024 Road to Majority Conference, in Washington, DC., on June 21. But current and former intelligence officials fear that Gabbard will refuse to relay intelligence reporting that doesn’t fit in with her — or the president’s — worldview. “Would that predisposition translate into pressure on analysis to fit the administration’s policy goals?” one senior former intelligence official said. “We’ll see.”Previous administrations have clashed with the CIA and intelligence agencies over assessments that didn’t support their policy agendas or their views about a particular threat or an adversary’s intentions. The DNI’s job “is to define the world as it is, as opposed to advocating for a world as you want it to be,” the former intelligence official said.

Persons: Tulsi Gabbard, “, ”, Gabbard, Michael Brochstein, Donald Trump’s, George W, Saddam, Trump, Vladimir Putin, Bashar al, Assad, ” Gabbard, Syria’s Assad, Matt Gaetz, autocrats, Putin, Egypt’s Abdel Fattah el, Sissi, Narendra Modi, Modi, Jason Crow, ” Crow Organizations: NATO, Former, Faith, Majority Conference, Senate, CIA, Democratic, Indian, Modi, House Intelligence, NBC News Locations: Russia, Ukraine, Kyiv, Hawaii, Western, Washington ,, Former U.S, New Hampshire, Syria, Washington, Ukrainian, DNI, Cairo, United States, U.S, autocrats, United Kingdom, Australia, Canada, New Zealand

☆ NASA’s only visit to Uranus happened during a rare cosmic occurrence
▼ + stars: | 2024-11-16 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

This week, researchers shared fascinating new findings on Uranus, the seventh planet from the sun, and the far side of the moon. Other worldsIllustrations depict how Uranus' magnetosphere, or protective bubble, was behaving before Voyager 2's arrival (left) and during the spacecraft's flyby (right). An unusual cosmic occurrence during the Voyager 2 spacecraft’s 1986 flyby might have skewed how scientists characterized the ice giant, new research suggests. In particular, the spacecraft’s observations of Uranus’ protective magnetosphere were wildly different from astronomers’ expectations. Fortunately, sending a dedicated mission to study Uranus in the future is a priority for NASA, according to a 2022 report.

Persons: Jamie Jasinski, paleoanthropologist Don Johanson, what’s, Lucy, Johanson, ”, afarensis, doesn’t, Bathydevius, Bruce Robison, —, Marvel, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, NASA, JPL, Caltech, Jet Propulsion Laboratory, Nature Reserve, WWF Tigers, Fund, Nature, Aquarium Research, CNN Space, Science Locations: Pasadena , California, Afar, Central Asia, Turkey, Russia, Indonesia, Kazakhstan, Caspian, Netherlands, Kuma, Kazakhstan’s Ile, California, Mt, Everest, Monterey, what’s, Iraq

☆ See inside the E-4B 'Nightwatch,' nicknamed the 'doomsday plane' for its ability to help US presidents survive nuclear war
▼ + stars: | 2024-11-16 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

AdvertisementThe E-4B "Nightwatch" is nicknamed the "doomsday plane" because it can survive a nuclear attack. In the event of nuclear war, it would serve as the US military's command and control center. It is the US Air Force's most expensive plane to operate, at $159,529 per hour. Related Video The true cost of America's war machinesThere's another lesser-known presidential plane that can operate as a "flying war room": the E-4B "Nightwatch." Nicknamed the "doomsday plane" for its ability to survive a nuclear blast, the E-4B is designed to protect the president and other senior officials and function as a military command center in worst-case scenarios.

Organizations: US Air, Air Force, US, Defense, US Air Force

☆ Russia pumping gas via Ukraine but volumes to Austria cut
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Last week, Gazprom accused Ukraine of withholding gas supplies destined for Moldova and threatened to reduce those flows, although Ukraine denied the accusation. Russian gas giant Gazprom continued to pump steady volumes of gas to Europe via Ukraine on Saturday, but supplies to Austrian energy company OMV were halted hours after Vienna said Russia had given notice it would cut off flows. Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday. Flows into Slovakia from Ukraine were stable but nominations for flows to Austria from Slovakia were around 16% below averages seen this month, data from transmission system operator Eustream showed. OMV usually accounts for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day.

Persons: Moscow, OMV, Chancellor Olaf Scholz, Vladimir Putin, Donald Organizations: Gazprom Locations: Ukraine, Moldova, Europe, Austrian, Vienna, Russia, Germany, Soviet, Kyiv, Slovakia, Czech Republic, Austria

☆ Sean ‘Diddy’ Combs accused of trying to influence witness testimony, jury pool from jail
▼ + stars: | 2024-11-16 | by ( Kara Scannell | David J. Lopez | ) edition.cnn.com time to read: +5 min

A review of recorded calls from the Metropolitan Detention Center revealed Combs used the telephone accounts of at least eight inmates to allegedly evade monitoring, prosecutors said. The new allegations were revealed in a court filing late Friday as federal prosecutors argue Combs should not be entitled to another bail hearing. A federal grand jury has been regularly convening in the continuing criminal investigation, CNN reported October 31, citing three sources. audience engagement — and explicitly discussed with his family how to ensure that the video had his desired effect on potential jury members in this case,” prosecutors said. Combs’ inability to follow the rules in federal custody suggests he wouldn’t abide by any bail conditions set by the judge, prosecutors said.

Persons: Sean “ Diddy ” Combs, Combs, ”, Arun Subramanian, they’ve, ” Combs, —, cosigned Organizations: CNN, Metropolitan Detention, MDC, Prosecutors Locations: Brooklyn, Subramanian

Black Friday is on Nov. 29, 2024, and Cyber Monday is on Dec. 2, 2024. Many retailers’ early Black Friday and Cyber Monday sales have already begun, including at Walmart, Home Depot and REI. While shopping Black Friday and Cyber Monday, don’t forget to poke around subscription services and travel sites for deals, says Shand. Black Friday and Cyber Monday shopping tipsPlanning is key to shopping Black Friday and Cyber Monday. Don’t wait to buy what’s on your wishlistDuring Black Friday and Cyber Monday, shopping traffic peaks online and in stores.

Persons: it’s, I’ll, You’ll, Mackenzie Shand, they’re, Shand, ”, Vipin Porwal, Porwal, don’t, We’ve, you’re, Black, can’t, you’ll, that’s, TikTok Organizations: NBC, Walmart, Home, Retailers, Black, Apple, Nintendo, Products, Tech, Brands, Target, Costco, Facebook, Twitter Locations: REI

☆ Meet Miss USA 2024 Alma Cooper, the Army officer who hopes to become the 10th American woman to win Miss Universe
▼ + stars: | 2024-11-15 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Alma Cooper always dreamed of competing at Miss USA. Alma Cooper competing at the Miss USA 2024 pageant. Alberto E. Rodriguez/Getty Images"Pageants were like the Super Bowl in my household," Cooper told Business Insider after she won the Miss USA title in August. When Cooper decided to compete at Miss Michigan Teen USA, she followed her mother's example. Cooper bought her dress for Miss Michigan Teen USA 2016 on Facebook Marketplace.

Persons: Alma Cooper, Alberto E, Rodriguez, Cooper, Auntie Anne's Organizations: Miss USA, Miss, Miss America, Miss Michigan Teen USA, Miss Michigan Teen, Facebook

☆ Alibaba shares rise 5% in premarket after Chinese tech giant posts 58% jump in profit
▼ + stars: | 2024-11-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company's quarter ending Sept. 30, on the back of the performance of its equity investments. This compared with a LSEG outlook of 25.83 billion yuan. Revenue, meanwhile, came in at 236.5 billion yuan, 5% higher year-on-year but below an analyst forecast of 238.9 billion yuan, according to LSEG data. Investors are closely watching the performance of Alibaba's main business units, Taobao and Tmall Group, which reported a 1% annual uptick in revenue to 98.99 billion yuan in the September quarter. The e-commerce giant's overseas online shopping businesses, such as Lazada and Aliexpress, meanwhile posted a 29% year-on-year hike in sales to 31.67 billion yuan.

Persons: Alibaba, — Organizations: Tmall, ING Locations: York, London, Beijing

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