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☆ U.S. billionaire Dan Friedkin agrees to buy EPL soccer club Everton
▼ + stars: | 2024-09-23 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

Seamus Coleman of Everton gives the team instructions during the Premier League match between Everton FC and Burnley FC at Goodison Park on April 06, 2024 in Liverpool, England. LONDON — The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club. A spokesperson for The Friedkin Group, a privately held consortium of businesses with Chairman and CEO Dan Friedkin at the helm, said it was "pleased to have reached an agreement to become custodians of this iconic football club." Last season, it was docked points for breaching Premier League financial rules. Earlier this year, The Friedkin Group agreed a deal in principle to buy Everton but pulled out of talks when it failed to reach an agreement.

Persons: Seamus Coleman, Dan Friedkin, Friedkin, Farhad Moshiri ., Moshiri, —, John Textor Organizations: Everton, Premier League, Everton FC, Burnley FC, Goodison Park, Everton F.C, English Premier League soccer, Football Association, Authority, Bramley, Partners, Friedkin, Italian Serie, Roma, Forbes Locations: Liverpool, England, American, Italian

The Athletic NFL writers Tim Graham, Ted Nguyen and Dan Pompei share their thoughts on all of these storylines and more. Is it time to re-think the Vikings as a Super Bowl contender? Minnesota entered Sunday ranked third in points allowed and top-10 in both yards per carry and yards per pass attempt. Stroud with two interceptions and four sacks, and they’ll have the Texans’ offensive line flinching tonight in their sleep. Four-time Pro Bowl left tackle Laremy Tunsil was flagged three times apiece for false starts and illegal formations.

Persons: Nick Sirianni, Tim Graham, Ted Nguyen, Dan Pompei, Graham, Sam Darnold, Aaron Jones, Justin Jefferson, Brian Flores ’, C.J, Jonathan Greenard, Laremy Tunsil, Cam Akers, Nguyen, Flores, Sam Darnold doesn’t, Kevin O’Connell, Darnold, Nick Sirianni’s, Sirianni, Barkley, Vic Fangio’s, Lane Johnson, DeVonta Smith, Darius Slay, Jalen, Brown, Kellen Moore, Sirriani, Andy Reid, Doug Pederson, Justin Fields, He’s, Fields, Russell Wilson, Mason Rudolph, Duck Hodges, Tommy Maddox, Mike Tomlin, Crash Davis, Wilson, he’s, It’s, Caleb Williams, Bryce Young, Williams, hasn’t, Rome Odunze, David Carr, Archie Manning, who’ve, Rome, Stephen Maturen Organizations: Minnesota Vikings, Philadelphia Eagles, Pittsburgh Steelers, Athletic NFL, Vikings, Minnesota, Sunday, U.S . Bank, AFC, Texans, Pro Bowl, 49ers, Super, Packers, Lions, NFC, Eagles, Falcons, Saints, Steelers, Chargers, Colts, Bears, Chicago Locations: Stroud, Minnesota, Philadelphia, Philly, Graham, Chicago, Pittsburgh, Rome

☆ Michigan knocks off USC in classic Big Ten showdown: What this means for both teams
▼ + stars: | 2024-09-21 | by ( Antonio Morales | Austin Meek | ) www.nytimes.com time to read: +8 min

And the Wolverines did just enough of both to knock off USC 27-24 in the Trojans’ first-ever Big Ten game. “Whatever it takes to win.”Here are some takeaways from Michigan’s win. Michigan should feel goodIt wasn’t pretty, but Michigan did just enough to win a game few people thought it would win. This is the kind of result that can make a big difference in who plays for the Big Ten championship. Somehow, thanks to Mullings, Michigan found a way.

Persons: Antonio Morales, Austin Meek, Chris Vannini, Nick Baumgardner, Alex Orji, Mullings, Miller Moss, I’d, ” Orji, —, Colston Loveland, Orji, — Meek, John Humphrey, Kamari Ramsey, Moss, — Morales, hird, ike S, egan, ike, alf, eason —, eason, ange —, ise Organizations: Wolverines, USC, Trojans, Michigan, Michigan’s, Big, — Meek USC, Mullings Locations: Mich, Michigan, , Michigan, Mullings , Michigan

☆ Christopher Reeve's 3 kids are celebrating their father in a new documentary. Here's everything you need to know about them.
▼ + stars: | 2024-09-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +6 min

Christopher Reeve with wife Dana in 1998. AdvertisementMatthew Reeve, 44Christopher Reeve and Matthew Reeve in 2002. He made the documentary "Christopher Reeve: Hope in Motion," which was nominated for an Emmy and was released on the BBC a year after he graduated from Brown. Alexandra Reeve Givens, 40Dana, Christopher, and Alexandra Reeve in 1997. AdvertisementWill Reeve, 32(L-R) Will, Dana, and Christopher Reeve with family friend Robin Williams.

Persons: —, Christopher Reeve, Reeve, — Matthew, Alexandra, Will —, Dana, Ron Galella, Matthew Reeve, Getty Matthew, Gae Exton, Jane Seymour, Seymour, Matthew, Exton, Hope, kiteboarder Aaron Hadlow, Christopher, Dana Reeve, Alexandra Reeve Givens, Alexandra Reeve, Moore, Committee's, She's, Will Reeve, Will, Robin Williams, Evan Agostini, David Muir, James Gunn's Organizations: Service, Business, Entertainment, Brown University, BBC, Brown, Dana Reeve Foundation, Getty, Yale, Columbia University, Columbia, Institute for Technology Law, Georgetown Law, Center for Democracy & Technology, Middlebury College, MSG Network, ESPN, ABC News, Variety, TMZ Locations: London, Exton, Cravath, New York City

Donald Trump is facing calls both from his allies and from within his own campaign to pull his endorsement from scandal-plagued North Carolina gubernatorial candidate Mark Robinson, according to four people familiar with the discussions. “North Carolina is a vital part of that plan. Additionally, Republican members of the North Carolina congressional delegation, including Sens. Ted Budd and Thom Tillis, and Republican National Committee Chairman Michael Whatley, who is from North Carolina, planned to privately urge Trump to pull his endorsement of Robinson, according to a person familiar with the conversations. Recent polling has had Trump in a statistical dead heat with Vice President Kamala Harris in the state, at roughly 48%.

Persons: Donald Trump, Mark Robinson, Robinson, “, Trump, Martin Luther King, Trump’s, ” Trump, Karoline Leavitt, Biden, Harris, ”, Ted Budd, Thom Tillis, Michael Whatley, Budd, Tillis, Whatley, —, ” Robinson, Clarence Thomas, “ Robinson, Kamala Harris, outperforms Robinson, Josh Stein, Robinson’s, Roy Moore, Madison Cawthorn’s, Herschel Walker Organizations: North Carolina, CNN, White, Trump, NBC News, North, Republican National, Republican, Republican Governors Association, North Carolina Rep, Georgia Senate Locations: “ North Carolina, North Carolina, Sens, Wilmington , North Carolina, Alabama, Georgia

The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election, but that hasn't stopped local units from doing so. The teamsters have generally backed Democrats for president in recent races. Harris enjoys broad support from other union groups including the AFL-CIO, the nation's largest labor group, the Service Employees International Union and the Culinary Workers Union. And while the Teamsters' official non-endorsement was a clear setback for Harris, the action has not stopped individual Teamsters units from offering their own statements of support. Kevin Moore, president of the Michigan Teamsters, said the state unit's decision to endorse Harris and her running mate, Minnesota Gov.

Persons: hasn't, Kamala Harris, Sean O’Brien, O'Brien, Harris, Kevin Moore, Tim Walz, Moore, ” Moore, Bill Carroll, Trump, Walz, Carroll, James P, Hoffa, Jimmy Hoffa, ”, Joe Biden, “ Organizations: Teamsters, International Brotherhood of Teamsters, teamsters, Big Business, ”, Republican National Convention, AFL, Service Employees International Union, Culinary Workers Union, Michigan Teamsters, Minnesota Gov, Council, NBC, NBC News, Republicans, Trump Locations: Michigan , Nevada , Pennsylvania, Wisconsin, Michigan

SPRINGFIELD, Ohio — The dozens of bomb threats and the onslaught of public attention that has befallen a small Ohio city since President Donald Trump and others pushed the false claim that Haitian migrants were stealing and eating pets has children living in fear, worried parents said Thursday. A U.S. flag is displayed on Sept. 16, 2024 in Springfield, Ohio. Luke Sharrett / Getty Images“I really feel bad for the Haitian children, because they’re here for an education,” Moore said. That’s not right, that my daughter has to be fearful,” Springfield parent Martin McWhorter said. “Why are you messing with my baby?”McWhorter said his daughter’s school was a target of the bomb threats and lamented that what had been a small, peaceful city now doesn’t feel safe.

Persons: Donald Trump, “ They’re, ” John Michael Moore, Trump, Kamala Harris, Trump’s, Sen, JD Vance, hasn’t, Luke Sharrett, ” Moore, “, that’s, That’s, ”, Martin McWhorter, ” McWhorter, Melanie Flax Wilt, we’ve, Wilt, Pierre, ” Pierre, Isaac Mackey, Sharice Otieno, couldn’t, ” Otieno, Otieno Organizations: Commission, NBC News, Walmart Locations: SPRINGFIELD , Ohio, Ohio, Springfield, U.S, Springfield , Ohio, ” Springfield, Clark, Haitian, Springfield from Florida, Columbus, Cincinnati, Indiana, Florida

QuarterbacksJordan Love, Green Bay PackersStatus: Questionable vs. TitansLove sprained his MCL in the final seconds of Green Bay’s Week 1 loss to the Philadelphia Eagles. Justin Herbert, Los Angeles ChargersStatus: Questionable vs. SteelersHerbert injured his right leg in the third quarter of Week 2’s 26-3 win against the Carolina Panthers trying to escape the pocket. Russell Wilson, Pittsburgh SteelersStatus: Questionable vs. ChargersWilson has yet to play this season because of a calf injury. Wide receiversKeenan Allen, Chicago BearsStatus: Questionable vs. ColtsAllen was inactive against the Texans in Week 2 with a heel injury. Justin Jefferson, Minnesota VikingsStatus: Questionable vs. TexansJefferson sustained a thigh bruise in the third quarter of Week 2’s 23-17 win against the 49ers.

Persons: We’re, Christian McCaffrey, Achilles, Isiah Pacheco, Jordan Love, Love, Malik Willis, Matt LaFleur, he’s, we’ll, Malik, ”, “, Justin Herbert, Steelers Herbert, Jim Harbaugh, Tua, There’s, Skylar Thompson, Russell Wilson, Chargers Wilson, Mike Tomlin, Justin Fields, McCaffrey, Jordan Mason, Clyde Edwards, Helaire, Kareem Hunt, Carson Steele, Joe Mixon, Vikings Mixon, DeMeco Ryans, Kenneth Walker III, Dolphins Walker, Zach Charbonnet, Rachaad, Bucky Irving, White, Keenan Allen, Colts Allen, wideout, Caleb Williams, DJ Moore, Rome Odunze, Cole Kmet, Allen, Tee Higgins, Higgins, Zac Taylor, Cooper Kupp, Puka, —, — Nacua, Cupp, Justin Jefferson, Texans Jefferson, Kevin O’Connell, Jefferson, A.J ., Saints Brown, Deebo Samuel, Rams Samuel, Kyle Shanahan, Brandon Aiyuk, David Njoku, he’ll, Kevin Stefanski, Jake Ferguson, Ravens Ferguson, Stephen Jones, Ferguson, Taysom, Dennis Allen, Hill Organizations: NFL, San Francisco 49ers, Kansas City Chiefs, Los Angeles Rams, Green Bay Packers, Philadelphia Eagles, Indianapolis Colts, Packers, Los Angeles Chargers, Steelers, Carolina Panthers, Chargers, Miami Dolphins, Buffalo Bills, Miami, Arizona Cardinals, Pittsburgh Steelers, Pittsburgh, Isiah Pacheco , Kansas City Chiefs, Chiefs, Atlanta, Houston Texans, Vikings, Texans, Chicago Bears, Seattle Seahawks, Dolphins, New England Patriots, Tampa Bay Buccaneers, Broncos White, Tampa Bay’s, Lions, ESPN, Denver, Colts, Cincinnati Bengals, Washington, 49ers, Los, Minnesota Vikings, Saints, Rams, Cleveland Browns, Giants Njoku, New York, Browns, Dallas Cowboys, Ravens, Cowboys, Baltimore, , New Orleans Saints, Eagles, ’ Locations: Tua Tagovailoa, Isiah Pacheco ,, Houston, Cincinnati, Los Angeles, Angeles, Minnesota, A.J . Brown, Francisco’s, , New Orleans

☆ The Fed's interest-rate cut put Trump even more at odds with the central bank
▼ + stars: | 2024-09-19 | by ( Ayelet Sheffey | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

On Wednesday, the Federal Open Market Committee announced an interest-rate cut of 50 basis points, the first cut Americans have received in over four years. AdvertisementHe's argued in the past that the Fed would only cut rates close to the election to aid Democrats, which he reiterated leading up to the central bank's announcement. Trump sought to use his presidential power to appoint members to the Fed board who supported his unorthodox views of the central bank. Trump has flip-flopped his views on his most important appointment to the Fed: Powell. Trump's tepid support of Powell underlines just how mercurial he can be when it comes to the central bank.

Persons: —, Donald Trump isn't, Jerome Powell, Trump, they're, He's, Powell, Judy Shelton, Shelton, Sen, Susan Collins, Herman Cain, Stephen Moore, Michelle Bowman, Christopher Waller, he's, reappoint Powell, Trump hasn't Organizations: Service, Federal, Market Committee, Democratic, Business, Federal Reserve, Street, Trump, Bloomberg, Fox, Fed, Governors, Maine Republican, Fed Board, Bloomberg News Locations: New York, Michigan, Maine

☆ Some GOP lawmakers are tired of JD Vance's cat rumors
▼ + stars: | 2024-09-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNo politician has done more than Sen. JD Vance to keep unverified claims of pet-eating Haitian immigrants in the news. "I think that conversation, overall, has been distracting from the real issue at hand," said Rep. Juan Ciscomani. That doesn't mean the Arizona congressman, whose district includes portions of the US-Mexico border, isn't supportive of tougher border security and immigration measures. "There's a lot bigger issues that should be focused on, and I think, obviously, in these conversations, showing respect for the Haitian community is important."

Persons: —, Sen, JD Vance, Juan Ciscomani, Harris, Mike Lawler, Donald Trump, Vance, Mike DeWine, Trump, DeWine, Springfield, YouGov, Mitt Romney, it's, Marc Molinaro, Molinaro, who's, Shelly Moore Capito, Biden, John Cornyn of, Josh Hawley, Hawley Organizations: Service, Biden, Business, Republican, PBS, Springfield Locations: Arizona, Mexico, tossup, Springfield , Ohio, United States, New York, Springfield, Utah, West Virginia, John Cornyn of Texas, Josh Hawley of Missouri, Springfield , Missouri

☆ The Fed’s long-awaited rate cut is colliding with presidential politics
▼ + stars: | 2024-09-18 | by ( Kayla Tausche | ) edition.cnn.com time to read: +7 min

Vice President Kamala Harris called the rate cut “welcome news,” while former President Donald Trump suggested, without evidence, that the decision could be politically motivated. With less than 50 days until Election Day, another question has emerged: Will the rate cut matter to voters? In fact, they already have – mortgages are based on bond yields, which have fallen in recent weeks in anticipation of a rate cut. Harris responded to the rate cut by saying she’s focused on bringing down prices. This story has been updated with reaction to the Fed’s rate cut announcement.

Persons: Biden, Joe Biden, Ukraine —, ’, —, “, ” Biden, Kamala Harris, ”, Donald Trump, Zoila Sanchez, CNN’s John King, ” Sanchez, King, ” Homebuyers, Powell, Jason Furman, Barack Obama’s, “ It’s, ” Furman, George H, Bush, Bill Clinton’s “, –, Clinton, Aaron Klein, ” Klein, Harris, she’s, Trump, they’re, ” Trump, Steve Moore, Powell sanctimoniously, ” Moore, ” Powell, Moore Organizations: CNN, Reserve, White House, Economic, of Washington, Financial, St, Louis Federal Reserve, Brookings Institution, “, Biden, Fed, SPAN Locations: trillions, Ukraine, Nevada, New York

☆ China seeks a homegrown alternative to Nvidia — these are some of the companies to watch
▼ + stars: | 2024-09-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

This has renewed focus on China's homegrown efforts to rival Nvidia and create semiconductors that can underpin the world's second-largest economy's own AI industry. Huawei then sells these chips as a part of servers that go into data centers to train AI models. Alibaba and BaiduAlibaba and Baidu both buy Nvidia chips but they are also designing their own semiconductors for AI processes. Inference is the process that follows the training of AI models, as it refers to the actual application of AI in the real world, such as a chatbot responding to user queries. Moore ThreadsMoore Threads, founded in 2020, is developing GPUs designed to train large AI models.

Persons: Paul Triolo, Albright Stonebridge, Baidu Alibaba, Wei Sun, Moore, KUAE, ByteDance Organizations: Istock, Getty, Nvidia, CNBC, Huawei Huawei, Huawei, Wall, Alibaba, Baidu, Counterpoint Research, Biren, Technologies, China Morning, Cambricon Technologies, U.S, Sequoia, GGV Locations: China, U.S, Beijing, Washington, Shenzhen, Biren's

☆ Harris vs. Trump on the economy
▼ + stars: | 2024-09-17 | 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 EmailHarris vs. Trump on the economyJim Messina, The Messina Group CEO and former Obama campaign manager, and Stephen Moore, The Heritage Foundation senior visiting fellow and senior economic advisor to former President Trump, join 'Squawk Box' to discuss the economic proposals from VP Kamala Harris and former President Donald Trump, which economic agenda is better for

Persons: Trump, Jim Messina, Obama, Stephen Moore, Kamala Harris, Donald Trump Organizations: Messina Group, The Heritage Foundation

☆ Intel, once a Silicon Valley star, has been floundering. Now it's mounting a turnaround.
▼ + stars: | 2024-09-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

During his tenure as CEO, Grove transformed the chip company into a giant of Silicon Valley that, during the 1990s, was as important to the PC market as Microsoft. Pat Gelsinger, who has led Intel as CEO since 2021, has enacted a sweeping set of new initiatives to turn the chip company around. Its Gaudi 3 AI chip, unveiled as a rival to offerings from Nvidia and AMD, is expected to generate just $500 million in sales this year. Meanwhile, Alvin Nguyen, senior analyst at Forrester, told Business Insider that this is a big public win for Intel. Gelsinger's second headline announcement was that the company is establishing Intel Foundry as a separate subsidiary within Intel, with its own new operating board and independent directors.

Persons: —, Andrew Grove, he'd, Grove, Grove —, Pat Gelsinger, Gordon Moore, Gelsinger, HWA CHENG, Patrick Moorhead, Moorhead, Alvin Nguyen, Forrester, Gelsinger's, It's, Forrester's Nguyen, Bernstein Organizations: Service, Microsoft, Intel, Business, Nvidia, Gaudi, AMD, Revenue, HWA, Getty, Amazon Web Services, Intel Foundry, Reuters Locations: Silicon, Japan, Moore's, AFP, Poland, Germany, Arizona , Oregon, New Mexico, Ohio

By the time Harvey found the posting online, the medical examiner had sent Coleman’s body to the Health Science Center. “‘Did he actually die?’”After Victor Honey’s body arrived at the University of North Texas Health Science Center, the harvesting began. NBC News informed Getinge, the Army and National Bioskills about the center’s regular use of unclaimed bodies and Honey’s family not providing consent. He said his company would ensure that it no longer accepted unclaimed bodies and would adopt policies to make certain future specimens were donated with families’ permission. On a call, the reporter broke the news of how Honey’s body was used.

Persons: Moore, Yenner, ” Moore, Honey, she’s, “, ”, Darryl Martin, Michael Dewayne Coleman’s, Coleman, Louisa Harvey, Michael Dewayne Coleman, Louisa Harvey ., Harvey, Harvey couldn’t, Shea Coleman, Yellott, Michael, ’ ”, Victor Honey’s, Fort Sam Houston —, Getinge, Douglas Hampers, Hampers, Victor Honey, Zerb Mellish, Honey’s, Victor, She’d, Victor didn’t, he’d, Patman Organizations: NBC News, Army, Dallas, Health Science, Fort, Fort Worth National, Health Science Center, Dallas Police Department, Dallas Police, NBC, Texas, Service, University of North Texas Health Science Center, Getinge, Brooke Army Medical, National Bioskills Laboratories, Facebook Locations: Wichita Falls, Dallas, Dallas County, Fort Worth, New Jersey, Tarrant County, Swedish, Fort Sam, Pittsburgh

“If you could find us,“ she asked, “why didn’t they?”Do you have a story to share about the use of unclaimed bodies for research? Dr. Douglas Hampers, the CEO of National Bioskills Laboratories — which had leased Honey’s torso — said he was disturbed to learn his company had received unclaimed bodies. He said his company would ensure that it no longer accepted unclaimed bodies and would adopt policies to make certain future specimens were donated with families’ permission. To curb this ghastly 19th-century practice, states adopted laws giving schools authority to use unclaimed bodies for student training and experiments. Each of the 44 that answered said they don’t use unclaimed bodies — and some condemned doing so.

Persons: Fran Moore, Carl Yenner, “, —, Victor Honey —, ”, Brenda Cloud, didn’t, DePuy, Johnson, Medsystems, Medical Sciences —, Douglas Hampers, Thomas Champney, Tim O’Hare Organizations: NBC, Army, University of North Texas Health Science, Health Science Center, Health Science, NBC News, Health, Dallas, U.S . Army, Johnson, Boston Scientific, University of Arkansas, Medical Sciences, University of North, National Bioskills Laboratories, American Association for Anatomy, University of Miami Miller School of Medicine Locations: Texas, Dallas, Tarrant, Fort Worth, North Texas, University of North Texas, Dallas County, Tarrant County

☆ Covering aircraft with tires the way Russia has can confuse weapons looking for the plane, US military official says
▼ + stars: | 2024-09-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewCovering aircraft with tires, as Russia has done during the Ukraine war, can confuse weapons that are looking for the plane, a US military official said recently. Multiple Russian military aircraft, including fighter jets and bombers, were spotted last year with tires placed on top of them. While some observers suggested they might be meant to confuse image-matching weapons, others said they might be intended as shields. Russia has turned to several different deceptive practices during the war beyond placing tires on its aircraft. And Russia and Ukraine have both relied on decoy military equipment, such as inflatable tanks, wooden rocket launchers, and fake radar reflectors, among other weapons.

Persons: —, Schuyler Moore, " Moore, Brace, Moore's, Moore Organizations: Service, Business, US Central Command, Center for Strategic, International Studies, Russia, Kyiv, Russian Air Force, CSIS Locations: Russia, Ukraine, Russian, Moscow

☆ Icahn Enterprises wins dismissal of investor lawsuit
▼ + stars: | 2024-09-14 | by ( ) www.cnbc.com time to read: +2 min

Carl Icahn's investment company Icahn Enterprises won the dismissal of a lawsuit claiming it artificially inflated its share price by issuing unsustainably high dividends to help the billionaire investor obtain large amounts of personal loans. A spokesman for Icahn Enterprises did not immediately respond to a similar request. The shareholders said Icahn Enterprises' true health became evident as its Auto Parts Plus business went bankrupt, the company slashed its dividend and Icahn renegotiated his loans. He also said Icahn Enterprises' 2021 annual report disclosed Carl Icahn's share pledges, and that there were no allegations that any defendant conducted insider trading. The case is Kosowsky v Icahn Enterprises LP et al, U.S. District Court, Southern District of Florida, No.

Persons: Carl Icahn, Carl Icahn's, District Judge K, Michael Moore, Moore, Icahn Organizations: Alpha, Icahn Enterprises, District Judge, Hindenburg Research, U.S, Securities, Exchange, Parts Plus, Icahn, Court, Southern District of Locations: New York, Miami, U.S, Southern District, Southern District of Florida

☆ Nvidia still has a very compelling story, says Morgan Stanley's Joseph Moore
▼ + stars: | 2024-09-13 | 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 EmailNvidia still has a very compelling story, says Morgan Stanley's Joseph MooreJoseph Moore, Morgan Stanley senior semiconductor analyst, joins 'Squawk Box' to discuss what happened this week with Nvidia's stock, if the company's Blackwell chip will have less gross margin than its predecessor, and more.

Persons: Morgan Stanley's Joseph Moore Joseph Moore, Morgan Stanley, Blackwell Organizations: Nvidia

The Federal Reserve is expected to drop interest rates at its next meeting on September 17 and 18. When the Fed rates drop, interest rates for high-yield savings accounts and CDs will drop too. The Fed is the central banking system of the U.S., so if it drops its rates, the best CD rates and high-yield savings account rates drop too. No-penalty CDs let you lock in higher rates while still giving flexibilitySince the Fed is expected to cut rates soon, CDs offering 5% interest can help you earn high interest rates for longer than you could otherwise. Once interest rates are more stable, a high-yield savings account will likely offer rates that are on par with no-penalty CD rates without the need to track term lengths.

Persons: Chloe Moore, Financial Staples, you've, Moore, they're, I've Organizations: Federal, Financial Locations: U.S

☆ Kursk: Russia counterattacks against Ukraine in border region
▼ + stars: | 2024-09-12 | by ( Sophie Tanno | Gul Tuysuz | ) edition.cnn.com time to read: +4 min

CNN —Russia has launched a counter-attack in the Kursk border region where Ukrainian forces last month launched a surprise cross-border incursion. Ukraine has been anticipating a Russian reaction and a counteroffensive is in line with the ‘Ukrainian plan,’ Zelensky said. Zelensky has previously said that the surprise attack on Russia’s Kursk region was the initial step in a four-part “victory plan.”The Russian Ministry of Defense said in a statement Thursday that Russian forces had “penetrated” into the Kursk region, capturing 10 settlements. On August 6, Ukrainian forces stormed into the Kursk region in a shock, lightning strike that caught even American officials by surprise. Last week, Zelensky said Ukraine had captured around 100 settlements in the Kursk region, and around 1,300 square kilometers (500 square miles) of territory.

Persons: Volodymyr Zelensky, ’ Zelensky, Zelensky, Vladimir Putin, –, Bill Burns, Richard Moore, Ukraine’s, Moore, Burns, Cross, Pat Griffith, Dmytro Lubinets, ” Zelensky, “, ” Organizations: CNN, Ukrainian, Russian Ministry of Defense, CIA, Red Cross, International Committee, ICRC, ” ICRC Ukraine Locations: Russia, Kursk, Ukraine, Russia’s Kursk, ”, Russian, Snagost, Moscow, Ukrainian, Donetsk region, Donetsk

☆ School must face Christian bias claim over staging of 'Laramie Project,' U.S. court says
▼ + stars: | 2024-09-11 | by ( ) www.nbcnews.com time to read: +3 min

Circuit Court of Appeals said plaintiff Corey McNellis could proceed with a bias lawsuit against the Douglas County School District because school administrators allegedly cited his “religious comments” about the play as the basis for his 2020 firing. Lawyers for McNellis and the school district did not immediately respond to requests for comment. During the email exchange with the theater director, McNellis wrote: “As a Christian I would love to collaborate with your project. The 10th Circuit agreed with Moore that McNellis had not made out plausible retaliation and free-speech claims, but said his bias claims could go forward. The case is McNellis v. Douglas County School District, 10th U.S.

Persons: Corey McNellis, Matthew Shepard, Veronica Rossman, Joe Biden, McNellis, “, ” McNellis, Raymond Moore, Moore, Robert Bacharach, Barack Obama, Harris Hartz, George W, Bush Organizations: Circuit, Douglas County School District, Democratic, McNellis, U.S . Constitution, U.S . Constitution . U.S, District, Republican Locations: Colorado, Denver, Wyoming, U.S ., U.S . Constitution ., 10th U.S

☆ Wildfires burn out of control in Southern California and more evacuations ordered
▼ + stars: | 2024-09-11 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

In recent years wildfires have regularly burned in and around Wrightwood, a picturesque mountain town 60 miles east of Los Angeles known for its 1930s cabins. In neighboring Orange County, firefighters used bulldozers, helicopters and planes to control a rapidly spreading blaze called the Airport Fire that started Monday and spread to about 3 square miles in only a few hours. Concialdi said the fire was burning away from homes in Orange County, but there are 36 recreational cabins in the area. Residents along the southern edge of Big Bear Lake were told to leave the area Tuesday night, according to the San Bernardino County Sheriff’s Department. The blaze had charred more than 51 square miles of grass and brush and blanketed the area with a thick cloud of dark smoke.

Persons: Big Bear, Robert Luna, Janice Quick, texted, Quick, “ I’ve, I’ve, ”, Steve Concialdi, Concialdi, Sherri Fankhauser, Fankhauser, ” Fankhauser, “ It’s, Davis, Joe Lombardo, Charles Moore Organizations: Chamber of Commerce, Orange County Fire, San Bernardino National Forest, Residents, San, San Bernardino County Sheriff’s Department, Nevada Gov, Sunday, National Weather Service, Truckee Meadows Fire Locations: , California, Los Angeles, Big, Wrightwood, Los Angeles County, Orange County, Riverside County, San Bernardino County, Northern California, Clearlake City, San Francisco, Idaho , Oregon, Nevada, Reno, Davis, Washoe, Washoe County, Truckee Meadows

☆ Nvidia stock jumps as CEO Jensen Huang looks to address key investor concerns
▼ + stars: | 2024-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock surged 6% on Wednesday, helping fuel a tech-led rebound in the stock market. CEO Jensen Huang discussed the return on investment of AI infrastructure at a Goldman Sachs conference. Productivity gains and immediate cost savings are the core tenets of Nvidia's ROI pitch to customers. The gains in Nvidia stock came as CEO Jensen Huang addressed investors at a Goldman Sachs conference in San Francisco Wednesday morning. "You reduce the computing time by about 20 times, and so you get a 10x savings," Huang said of running Nvidia's GPU accelerators relative to traditional CPUs.

Persons: Jensen Huang, Goldman Sachs, —, David Solomon, Huang, Solomon, Nvidia's, Claude, There's Organizations: Nvidia, Goldman, Productivity, Service, San Locations: San Francisco

☆ Trump tax cuts expire after 2025. Here's how the presidential election could affect your taxes
▼ + stars: | 2024-09-09 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +1 min

With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. "If the 2017 tax cuts are allowed to expire after 2025, about 62% of taxpayers would see their tax bills go up," said Erica York, senior economist and research director at the Tax Foundation. "That's because the TCJA provided tax cuts for the vast majority of taxpayers." Both Trump, the Republican presidential candidate, and Vice President Kamala Harris, the Democratic candidate, have called for tax changes that could affect millions of Americans.

Persons: Donald Trump, Erica York, Kamala Harris, Stephen Moore, Trump, Harris Organizations: Tax, AP, Trump, Republican, Democratic, CNBC, White

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